Transcript Highlights:

• district's funding, and then property taxpayers would receive a reduction in their property tax liability
• receive a a reduction in their<01:07:39.920> property<01:07:40.240> tax<01:07:40.559> liability
• <01:07:41.359> as<01:07:41.680> you their property tax liability as you their property
• tax liability as you expand<01:07:42.160> the<01:07:42.400> swept<01:07:42.720> tax

Keywords: 928, house, all

Summary: The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy. Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets. Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.

Transcript Highlights:

• They want to use this evidence as it goes to liability to deny you a recovery, and that's why they want
• 09.440> to want to use this evidence as it goes to want to use this evidence as it goes to liability
• 11.280> you<01:41:11.600> a<01:41:11.920> recovery<01:41:12.880> and liability
• to deny you a recovery and liability to deny you a recovery and that's<01:41:13.520> why<01:41

Bills: HF1027, HF2226, HF1916, HF1915, HF1567, HF1986

Keywords: mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds

Transcript Highlights:

• They're more sensitive to putting there, and there's no government agency that will accept liability
• no government agency that<01:22:13.760> will<01:22:14.000> accept<01:22:14.360> liability
• <01:22:14.880> for<01:22:15.080> sting<01:22:15.360> a that will accept liability
• for sting a that will accept liability for sting a school<01:22:15.719> near<01:22:15.880>

Bills: HF1124, HF1457, HF1803

Keywords: school calendar, education, school year, Labor Day, state law, school construction, landfill, dump site, closed landfill, contaminated site, pollution control agency, school siting, public school, charter school, environmental health, student safety, brownfield, solid waste, waste disposal site, site contamination

Transcript Highlights:

• Employers with less than 50 employees are far less able to deal with this situation, and limiting their liability
• :58:24.799> and<00:58:24.960> limiting<00:58:25.280> their<00:58:25.480> liability
• situation and limiting their liability situation and limiting their liability for<00:58:26.119><

Bills: HF1976

Keywords: paid leave, family leave, employment law, Minnesota statute, benefit eligibility, seasonal employment, workforce, labor rights, 1183, house

Transcript Highlights:

• commercial payment is not approved, minus the amount necessary for the plan to satisfy assessment liabilities
• necessary AR for the plan to satisfy necessary AR for the plan to satisfy assessment<01:37:26.960> liabilities
• <01:37:27.960> under<01:37:28.719> and<01:37:28.840> it assessment liabilities
• under and it assessment liabilities under and it mentions<01:37:29.360> a<01:37:29.520> couple

Keywords: 1183, house

Transcript Highlights:

• And then from there there are provisions around indemnification and holding harmless and risk and liability
• and<00:15:05.920> uh<00:15:06.079> risk<00:15:06.320> and<00:15:06.480> liability
• /c><00:15:06.880> and<00:15:07.120> that<00:15:07.279> sort and uh risk and liability
• and that sort and uh risk and liability and that sort of<00:15:07.600> thing.

Keywords: 1187, senate, all

Transcript Highlights:

• She said this bill protects Kentucky from that liability and protects students from discrimination that
• :57:39.559> Kentucky<00:57:40.559> from<00:57:40.920> that<00:57:41.160> liability
• protects Kentucky from that liability protects Kentucky from that liability and<00:57:41.920>

Keywords: 958, all

Summary: The Senate Education Committee met with a quorum and first considered two concurrent resolutions. SCR 76, sponsored by Sen. Amanda Bledsoe, would create a Kentucky School for the Deaf Governance Task Force to examine the school’s future governance and its relationship with the Kentucky Department of Education. Bledsoe described the school’s long history and said the task force would give the small deaf-school community more voice. The committee adopted the resolution unanimously with favorable expression. The committee then took up SCR 131, sponsored by Sen. Max Wise, to continue the Efficient and Effective Districts Task Force from 2024. Wise said the prior task force met about 10 times and focused on student achievement and district policy, and the new version would continue that work as a legislature-only task force. The resolution passed unanimously with favorable expression. Members next considered HB 240 on primary school promotion. Rep. Truitt explained that the bill would require students who are not ready in kindergarten to repeat kindergarten, while a committee substitute softened the approach by allowing a school to hold a child back in kindergarten but requiring action in first grade. He said the bill aligns with existing reading-screening efforts and is intended to strengthen early literacy foundations. The committee adopted the substitute and passed the bill unanimously with favorable expression; Sen. Williams briefly explained his support as favoring performance-based advancement. The committee also approved HB 298, which would change the identification of schools for comprehensive support and improvement from every three years to annually, require KDE recommendations during management audits, add professional development in reading and math, and require effective instructional resources. The committee substitute also allowed districts with multiple CSI schools to contract for a turnaround vendor. The bill additionally carried employee-misconduct provisions from prior sessions, including disclosure requirements for applicants; the only change discussed was removing the word “investigation” from one disclosure section. HB 298 passed unanimously with favorable expression, and the committee also adopted a title amendment. Finally, the committee heard HB 424 on employment at public postsecondary institutions. Rep. Tipton said the bill would require performance and productivity reviews for faculty at least every four years, clarify appointment and removal authority for presidents at certain institutions, and expand “cause” for dismissal to include failure to meet performance and productivity requirements. Dr. Ray Horton, speaking for faculty groups, proposed a small substitute that would tie any performance measures to existing employment contracts to preserve academic integrity and avoid unintended changes to tenure processes. Members discussed how tenure works at Kentucky universities, and the committee was still in the middle of considering the proposed substitute when the transcript ended.

Transcript Highlights:

• section one, it adds to the definitions a word or a phrase that is used in the rest of the bill: net liability
• 31.199> net that is used in the rest of the bill net that is used in the rest of the bill net liability
• 00:04:33.960> also<00:04:35.000> um<00:04:36.000> uh<00:04:36.680> in liability
• and then it also um uh in liability and then it also um uh in section<00:04:37.800> two<00:04

Keywords: 1187, senate, all

Transcript Highlights:

• research has shown can contain racial biases, resulting in poor care for Black patients, with unclear liability
• care for black patients<00:03:54.040> with<00:03:54.280> unclear<00:03:54.879> liability
• <00:03:55.879> for<00:03:56.079> the patients with unclear liability for the patients
• with unclear liability for the healthc<00:03:56.480> Care<00:03:56.720> Professionals<

Keywords: 1187, senate, all

Transcript Highlights:

• I think the broker has to take on some liabilities to make sure the patient actually gets from A to B
• 50.239> some I think the broker has to take on some I think the broker has to take on some liabilities
• 51.320> make<01:25:51.440> sure<01:25:51.639> the<01:25:51.840> patient liabilities
• to make sure the patient liabilities to make sure the patient actually<01:25:52.600> gets<01:

Keywords: 1183, house

Summary: The committee met for a Health and Finance Policy hearing, began with member and staff introductions, and noted that Representative Keeler was participating as a non-voting member. The chair outlined committee rules on decorum and then introduced the day’s first agency presentation from the Minnesota Department of Health (MDH), with Commissioner Cunningham appearing to present the department’s budget priorities. Commissioner Cunningham described MDH’s broad public health role and emphasized that public health is underfunded relative to health care, with significant reliance on federal dollars. The department’s main budget request was for infectious disease prevention and response to offset anticipated federal funding losses. MDH also outlined several fee increases tied to public water systems, wells, licensing and certification, assisted living and health care facilities, HMO regulation, food/pools/lodging inspections, radioactive materials, X-ray equipment, and asbestos abatement. The commissioner said these changes were needed because costs, workload, and regulatory complexity have increased, while many fees have not been updated in years. MDH also presented budget-neutral proposals, including continuing the Early Hearing Detection and Intervention Advisory Committee, converting the Maternal and Child Health Advisory Task Force into a standing advisory committee, restoring some local and tribal public health cannabis and substance misuse prevention grants, creating direct American Indian Health Special Emphasis Grants, reauthorizing the State Trauma Advisory Council, and extending firefighter PFAS biomonitoring work. The department also requested an operations adjustment for rising employee, insurance, fuel, utility, and legal costs, and referenced additional Clean Water Legacy Fund proposals. No votes or formal actions were taken in the portion provided. Representative Bierman then offered supportive comments, praising MDH’s work and backing the funding and fee proposals, especially the restoration of local public health prevention grants.

Transcript Highlights:

• hasn't really considered the cost of cleanup, that could leave the state with an enormous financial liability
• leave the state with an enormous could leave the state with an enormous Financial<01:28:07.280> liability
• /c><01:28:08.280> forward<01:28:08.520> to<01:28:08.679> bringing Financial liability
• forward to bringing Financial liability forward to bringing that<01:28:09.199> bill<01:28:09.920

Keywords: 1187, senate, all

Summary: The committee heard several Arts and Cultural Heritage Fund requests and laid them over for possible inclusion. Senate File 673 sought $795,000 to help replace or refurbish the structurally unsound Marshall bandshell. Senator Gary Dames, Marshall Mayor Bob Burns, and Parks and Recreation Superintendent Preston Stenard described the bandshell as an iconic community venue used for concerts and arts events, noting prior repairs in 2004, a 2001 structural report, and the need for full replacement due to settlement and deterioration near the Redwood River. They said the project has local support and a local funding commitment for the remaining costs. Senate File 627 requested $850,000 for the Olmsted County Historical Society to continue rehabilitation of the George Stoppel Farmstead. Senator Liz Balden, Dr. Mark Warner, and Commissioner Sanum said the site includes three National Register buildings and preserves immigration and agricultural history in southeast Minnesota. They reported that $1.1 million had already been raised and that prior Legacy funding helped stabilize one structure, but additional work is needed on the bank barn and Stoppel house to complete restoration and improve accessibility. Senate File 822 proposed $65,000 in fiscal year 2026 for the Minnesota State Band to provide free public performances across Minnesota. Testifier Craig Allen said the volunteer band, formed in 1898, uses the funding to travel to small towns and schools, including outreach to students and veterans. Conductor Keith Leuty emphasized the educational value of school visits and upcoming concerts in Moose Lake, Grand Rapids, and Cloquet, including a performance at Fond du Lac Ojibwe School. Members expressed support, and the bill was also laid over. The committee then began hearing Senate File 575, which would appropriate $3.8 million for the Grand Rapids Old Central School renovation. Senator Iorn, city councilor Rick Blake, and City Administrator Tom Pagel described the 1895 building as a historic and arts-centered community landmark with artist residencies, galleries, concerts, and other public uses. They said the building needs major repairs, including a new roof, structural truss work, HVAC replacement, and ADA and elevator upgrades, and they were in the middle of detailing those needs when the transcript ended.

Transcript Highlights:

• Uh, just think of the technology as the ledgering and recordation of the underlying liability for that
• I mean, it's just a different way of ledgering that asset, that liability for the bank.
• that asset, different way of ledgering that asset, uh<01:47:05.720> that<01:47:05.920> liability
• uh that liability uh that liability uh<01:47:07.200> for<01:47:07.400> the<01:47:07.520

Keywords: 1189, house, all

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.

Transcript Highlights:

• Uh, you know, it's a liability issue.
• Uh, you know, it's a liability<01:48:56.040> issue.
• 56.720> it's<01:48:56.880> not<01:48:57.160> clear<01:48:57.480> who's liability
• If it's not clear who's liability issue.
• And those challenges are things like long-duration liabilities, uncertainty around the cost of health

Keywords: 1191, senate, all

Transcript Highlights:

• It limits the long-term financial liabilities created by the bill, which would alleviate the concerns
• The bonds, notes, and other obligations of an authority are not debts, liabilities, or obligations of
• obligations of an authority are not obligations of an authority are not debts,<03:10:06.240> liabilities
• ,<03:10:06.880> or<03:10:07.000> obligations<03:10:07.600> of debts, liabilities
• , or obligations of debts, liabilities, or obligations of the<03:10:07.840> contracting<03:10:

Keywords: 981, all

Summary: The Senate convened with a quorum, approved the prior day’s journal, and then took up a large third-reading consent calendar containing many House bills, most of them dealing with appropriations, fund transfers, repeals of programs or cash funds, and related budget adjustments. The calendar included measures affecting broadband infrastructure, early childhood prevention services, school food programs, reading and assessment programs, higher education funding, human services funding models, disaster and transportation funds, public safety communications, and several other state cash funds and reserve requirements. Most of the bills passed with broad support, though several drew recorded no votes from individual senators on specific measures. Before the consent calendar vote, Senator Catlin recognized a Montrose leadership class visiting the chamber. The Senate then adopted the consent calendar, with the clerk recording numerous individual no votes on particular bills. Among the more notable measures passed were bills related to the Healthy School Meals for All program, the state education fund, the Affordable Housing Financing Fund, kinship care, judicial discipline, public defender/prosecutor behavioral health support, public safety personnel health benefits, multimodal transportation funding, unclaimed property transfers, tobacco education funds, and preschool funding. Several bills were approved unanimously or near-unanimously, while others had more divided votes. The chamber then debated Senate Bill 90, which exempts critical infrastructure from the Consumer Repair Bill of Rights Act. Senator Snyder explained that the bill had been revised after stakeholder discussions with opponents, the governor’s office, and the attorney general’s office; the amendment L006 was described as narrowing and defining the exemption, giving the Attorney General rulemaking authority, and preserving district court review. Senator Carson supported the amendment and said it clarified that the bill focused on business-to-business and business-to-government equipment rather than retail consumer products. The amendment was adopted 35-0, and the bill then passed 22-13. The Senate also passed House Bill 1351 on the Healthy School Meals for All program, with Senator Kirkmeyer saying it repays money previously transferred from the state education fund and does not reduce program funding or transparency. House Bill 1353 on state-administered social studies assessments passed 25-10, and House Bill 1359 on school land mineral revenues passed 28-7. The final portion of the transcript shows additional House bills being read and passed, including measures on housing financing, reserve reductions, cash fund transfers, child welfare subsidies, kinship care, judicial discipline, public safety benefits, multimodal transportation, unclaimed property transfers, tobacco education funds, and preschool funding, with several senators recording no votes and Senator Kirkmeyer noting concerns about transparency in cash fund balances during the debate on House Bill 1405.

Transcript Highlights:

• It would certainly be an additional liability.
• small number of people in the state that it would benefit from this, it should not be a significant liability
• :33.920> those<01:47:34.760> those<01:47:35.480> unfunded<01:47:36.040> liabilities
• initial those those unfunded liabilities initial those those unfunded liabilities would<01:47:36.880

Keywords: 918, senate, all

Summary: The Legislative Commission on Pensions and Retirement met on April 14, 2026, adopted the April 7 minutes, and then took up Senate File 4464, which the chair said would be laid over after hearing testimony. The bill would restore continued health insurance coverage for police officers and firefighters in the PERA Police and Fire Fund who suffer documented physical duty-related injuries, addressing the current 5-year cap and the loss of coverage at normal retirement eligibility. Senator Hal Hoffman and Senator Hoffman’s testimony emphasized that the bill is a narrow fix for injured public safety workers and not a broader restructuring of retirement benefits. Supporters, including Mike Ladue of Law Enforcement Labor Services, several injured officers, Sheriff Ryan Kruger, and Amber Waldner, described the personal and family impacts of severe line-of-duty injuries and argued that coverage should continue to age 65 so families are not left with uncertainty if injuries worsen or force medical retirement. They said the bill would honor the promise made to public safety workers and provide stability for long-term care needs. One witness, Officer Albert, said the 2025 changes significantly reduced the protection he believed he and his family would have if his injury forced retirement. Anne Finn of the League of Minnesota Cities opposed the bill as drafted, warning that restoring coverage to age 65 for all physical injuries would be fiscally unsustainable without additional state funding. She said the 2025 pension changes were part of a negotiated package, noted that duty disability retirements are common, and argued the employer cost could reach about $500,000 per employee and create significant property tax pressure, especially for smaller communities. She urged the committee to work on a broader solution and said revisiting only one part of the 2025 law would create imbalance.

Transcript Highlights:

• government center and the co-mingling that happened then, when they were subsidizing property and liability
• You need to book an additional liability for that. That is not the case for us.
• You need to book book<01:30:15.040> an<01:30:15.280> additional<01:30:15.520> liability
• book an additional liability for that. book an additional liability for that.

Keywords: 928, house, all

Summary: The subcommittee continued work on Senate Bill 297 and a new amendment dealing with pooled risk management programs and whether they should be regulated under the insurance department. Lisa Duket, executive director of SchoolCare, testified at length that the draft language could allow co-mingling of public entity risk funds, could trigger producer-licensing requirements for staff who are not actually brokers, and may not fit public entity risk pools because they are not insurance companies. She also raised concerns about the March 1 reporting deadline, the proposed uniform accounting language, aggregate excess insurance, examination costs being charged to the program, and confidentiality provisions that she argued may conflict with right-to-know principles for public entities. She urged the committee to slow down and consider a study committee or more time for review, saying the regulated entities were not adequately involved in drafting the proposal. Chairman Hunt and the department responded that the bill is intended to create a licensure-based regulatory model, similar to other licensed industries, and that the pooled risk management program would be exempt from producer licensing while anyone else selling or negotiating such coverage would need a producer license. The department said failure to comply would be handled through an administrative licensing process, with denial or nonrenewal of a license and appeal through the department process. On the reporting deadline, the department said March 1 is a standard filing date used for financial analysis and that the filing can be the most recent annual report, regardless of fiscal year end. They also explained that the confidentiality language was taken from existing RSA 5B, that aggregate excess insurance was included as a solvency measure, and that the draft was intended to preserve familiar language while adapting it for pooled risk programs. The discussion did not include a final vote or formal action on the bill in the portion provided. The committee appeared to be compiling follow-up questions for the insurance department and considering whether additional revisions or a slower process would be needed before moving the bill forward.

Transcript Highlights:

• We're also supportive of, of course, because there are always liability concerns when businesses have
• We're also supportive of, of course, because there are always liability concerns when businesses have
• of of course because there<02:03:27.679> are<02:03:27.840> always<02:03:28.080> liability
• <02:03:28.719> concerns<02:03:29.280> when there are always liability concerns when
• there are always liability concerns when businesses<02:03:30.320> have<02:03:30.480> to

Keywords: 1191, senate, all

Transcript Highlights:

• that better trained security personnel lead to reduced incidents, improve public safety, and fewer liabilities
• that better trained security personnel lead to reduced incidents, improve public safety, and fewer liabilities
• Safety reduced incidents improve Public Safety and<01:48:47.800> fewer<01:48:48.199> liabilities
• <01:48:48.840> for and fewer liabilities for and fewer liabilities for employees<01:48:50.679

Bills: HF1082, HF1042, HF1295, HF1686, HF1998, HF1775, HF1163

Keywords: public safety, law enforcement, mental health, domestic violence, appropriations, criminal justice, Minnesota corrections, victim services, task force, personal safety, Independent Use of Force Investigations Unit, criminal sexual conduct, sexual assault, peace officers, law enforcement oversight, Minnesota National Guard, U.S. armed forces, military installation, armory, air base

Transcript Highlights:

• >> There are two distinct limited liability companies owned by a holding company. >> So they are in fact
• 58:44.080> two<01:58:44.320> distinct<01:58:44.639> limited<01:58:45.040> liability
• >> There are two distinct limited liability >> There are two distinct limited liability
• And then tax, it will refer to financial liability required to be paid by the gaming operators, excluding
• And then tax, it will refer to financial liability required to be paid by the gaming operators, excluding

Keywords: 916, all

Transcript Highlights:

• We have costs much the same as CRS homes, such as licensing fees, training, liability, and more.
• We have costs much the same as CRS homes, such as licensing fees, training, liability, and more.
• against of savings that are put directly against $178<03:17:13.120> million<03:17:13.680> liability
• c> if<03:17:14.600> I<03:17:14.640> have<03:17:14.760> one $178 million liability
• and if I have one $178 million liability and if I have one thing<03:17:15.120> to<03:17:15.240

Keywords: 1187, senate, all