Transcript Highlights:

• So, kind of getting that message out there and making sure that we're driving into that more selective
• <00:08:54.720> of<00:08:54.880> the coordinate the selection of the coordinate the
• selection of the pesticide<00:08:56.399> a<00:08:56.640> little<00:08:56.800> bit
• So, kind of getting that message out there and making sure that we're driving into that more selective
• product style where it's I'm selective product style where it's I'm targeting<00:09:27.839> this<

Keywords: 912, senate, all

Summary: The committee heard multiple gubernatorial confirmation nominations, beginning with GM509 for Jay Stone to the Environmental Advisory Council. The Office of Planning and Sustainable Development and other supporters praised Stone’s more than 30 years of engineering experience and said he would help balance environmental protection with economic development. Stone said he wanted to contribute to environmental health and sustainability, and identified sea level rise and PFAS in drinking water as key concerns. The committee then moved to GM531 and GM532, nominations of Judson Leair and Nicholas Ta to the Advisory Committee on Pesticides. The Department of Agriculture and Hawaii Farm Bureau supported both nominees. Leair emphasized his farming background and said pesticide policy should be more comprehensive, selective, and threshold-based rather than relying on broad-spectrum use; Ta said he would focus on integrated pest management, label compliance, education, and using the least amount of pesticide necessary, including non-chemical alternatives such as exclusion and behavior changes. The committee next considered GM533, Janet Ashman’s nomination to the Advisory Committee on Pesticides. The Department of Agriculture, the Coordinating Group on Alien Pest Species, and the Hawaii Farm Bureau all supported her, citing her experience, responsiveness, and prior service. Ashman said she wanted to help make pesticide regulations more understandable and stressed targeted pest control, scouting, and more precise products. Members asked about the complexity of pesticide regulations and the shift away from broad-based pesticide use; Ashman explained that regulations are complicated for both farmers and homeowners and that newer, more targeted products are needed as pests develop resistance. The committee then heard GM57 for Don Hegger Nordl to the Environmental Advisory Council. Supporters said she has environmental planning experience and knowledge of Chapter 343 and related rules. Nordl said she could bring state, county, and federal experience to the council and identified the need for more volunteers and broader professional representation as the council’s biggest challenge. Finally, the committee took up GM697, Dean Matsukawa’s nomination as deputy director of the Department of Agriculture. The Department of Agriculture, the Hawaii Farm Bureau, and several other testifiers strongly supported him, highlighting his 30 years with the department, his family farming background, and his understanding of farmers’ needs, especially access to capital and biosecurity challenges. Testifiers said he is calm, logical, experienced, and already familiar with the department’s work. Matsukawa was described as a reluctant nominee who was sought out for the role. The transcript does not show any final votes or committee action on the nominations during the portion provided.

Transcript Highlights:

• So you know when you guys do um selection, how do you guys select the projects?
• So you know when you guys do um selection, how do you guys select the projects?
• ,<00:04:50.160> how know when you guys do um selection, how know when you guys do um selection
• <00:04:52.400> Like<00:04:52.639> do do you guys select the projects?
• Like do do you guys select the projects?

Keywords: 912, senate, all

Summary: The committee heard testimony on HB 449 relating to economic development, HB 1006 relating to the Agribusiness Development Corporation, and then began HB 1467 relating to housing resiliency. On HB 449, Director Wayne Enoy of the Hawaii Technology Development Corporation and several business groups, including the Chamber of Commerce and Hawaii Food Industry Association, testified in strong support. They said the measure would help local manufacturers and tech-focused businesses adapt to uncertainty around tariffs and federal funding pauses, diversify Hawaiʻi’s economy, and expand workforce training and apprenticeship efforts tied to innovation and manufacturing. The bulk of the discussion focused on HB 1006 and proposed agritourism authority for ADC. ADC, the Hawaii Farm Bureau, and other supporters said agritourism can be a value-added tool that helps farmers diversify income while keeping agriculture as the primary use of the land. One testifier opposed the bill’s direction without stronger guardrails, urging that a high percentage of revenue or land use remain tied to actual agricultural production. Committee members questioned ADC and Farm Bureau witnesses about how much land should remain in production, whether agritourism could expand on public lands, how enforcement would work, and whether responsibilities should be shifted from the Department of Agriculture’s marketing functions to ADC. Witnesses said ADC currently has no tenants engaged in agritourism, but would support standards, annual reporting, site visits, and the ability to reclaim land if production requirements are not met. No votes or final actions were taken in the portion provided. After concluding HB 1006 testimony and questions, the committee moved on to HB 1467 and called the first witness, Luke Meyers, before the transcript ended.

Transcript Highlights:

• Statute requires the Auditor General to determine through random selection the districts to be audited
• In total, we randomly selected 26 school districts and C-TECs for performance audit during the fiscal
• Per statute, J-LAC is to review the school districts randomly selected for performance audit, but is
• Chairman, Senator Dunn, through the random selection process, that's a function of why some counties
• As part of the state single audit, we routinely select and audit the Child Care and Development Fund

Keywords: 1182, all

Transcript Highlights:

• In Assumption Parish, every certified commissioner was selected, leaving zero alternates.
• The actual selection process and the announcement of it could be a public process.
• Our selection process for the RFP would be put out in journals as well as the website.
• The selection and the criteria will be posted on our website as well as any required journal.
• And then we would actually put the selected firms on our website as well.” “Thank you.

Summary: The committee first considered House Bill 350, which would extend the grade levels at Ecole Pointe-au-Chien from fourth through eighth grade. The sponsor and several members emphasized the school’s importance to Terrebonne Parish, French immersion, and school choice. An amendment was adopted making the bill subject to appropriation, and the bill was reported favorably as amended. Members then approved House Bill 749, which authorizes the Louisiana Tuition Trust Authority to contract with a program manager for certain savings programs, including ABLE, START, and START K-12, in response to a prior cyber incident and to improve security and customer service. An amendment simplified the bill’s effective-date language so provisions would take effect upon execution of the contract. The bill was reported favorably as amended. The committee also advanced House Bill 979 to increase the survivor benefit for law enforcement officers and firefighters killed in the line of duty from $250,000 to $350,000. Testimony from the governor’s office said the increase could be covered within existing appropriations and that the amount was consistent with inflation since the benefit was last set. The bill was reported favorably. Later, House Bill 42 creating a phased retirement option for public post-secondary employees in the Teachers’ Retirement System was reported favorably, and House Bill 205 to allow local clerks of court to supplement election commissioner pay by up to $100 per election was also reported favorably after extensive testimony about staffing shortages and stagnant pay. The committee additionally reported favorably House Bill 12 extending survivor benefits to reserve officers killed in the line of duty, and House Bill 324 on judicial salaries, after amending it to remove future COLA provisions and leave only the permanent stipend increase.

Transcript Highlights:

• Selection of color, right?
• Selection<00:07:48.600> of<00:07:48.680> color,<00:07:49.600> right?
• <00:07:50.480> Even<00:07:50.720> today, Selection of color, right?
• Even today, Selection of color, right?
• Or the shapes color selection, right?

Keywords: 1187, senate, all

Transcript Highlights:

• DLNR, please: when a project requests a third party, do they select the third party, or does SHIPY select
• the way this is written, and the way we've interpreted it, is that SHIPY would be responsible for selecting
• DLNR, please: when a project requests a third party, do they select the third party, or does SHIPY select
• the way this is written, and the way we've interpreted it, is that SHIPY would be responsible for selecting
• DLNR, please: when a project requests a third party, do they select the third party, or does SHIPY select

Keywords: 910, house, all

Summary: The Committee on Water and Land met on March 18, 2025, and heard testimony on several measures related to state funds, public lands, wastewater, port infrastructure, and other land and water issues. Early in the hearing, SB 1395, relating to state funds and climate mitigation financing, drew support from the Governor’s office, the Hawaii Climate Advisory Team, the State Energy Office, and others, while the Tax Foundation of Hawaii urged the committee not to revert to the original version because of concerns about a special fund and compliance with state statutes. After discussion, the chair said the bill would be deferred because of budget uncertainty and the need to preserve reserves, and members agreed to that recommendation. The committee then took up SB 1393, SB 1669, SB 102, SB 1511, SB 1083, and SB 946, among others. SB 1393 and SB 1669 received support or comments from agencies including the Attorney General’s office, the State Energy Office, and other departments; SB 1669 was sent on with amendments and to Finance for further review. SB 102, concerning a third-party review process, prompted questions about who would select consultants and whether the bill would affect staffing and permitting costs; it was advanced with amendments, with one member noting reservations about the shift to private third-party review. SB 1511, SB 1083, and SB 946 also moved forward, generally with amendments or as amended, and several members noted reservations tied to budget impacts or statutory language. The committee also heard testimony on HB 1393, which involved public lands and school facilities, where the Department of Education sought a change to the deletion language and the School Facilities Authority said it stood on its written comments. For SB 146, relating to the Ali Canal, the University of Hawaiʻi and DLNR supported the measure, and a member asked about the estimated annual cost, which was described as $125,000 per year. On SB 946, members discussed whether removing the term “person” could narrow the law too much; after that discussion, the committee agreed to restore the term and proceed with an HD1. The meeting ended with the committee recessing after completing its agenda and adopting the chair’s recommendations on the measures considered.

Transcript Highlights:

• Identify what criteria you use to narrow your selection of institution.
• Make sure you select an institution that is not located near you or affiliated with your favorite athletic
• And the pop quiz is: what is the graduation rate and employment rate for your selected program?
• Identify what criteria you use to narrow your selection of institution.
• The pop quiz is: what is the graduation rate and employment rate for your selected program?

Summary: The subcommittee began with an informal “college day” exercise in which members described what careers and colleges they would choose if starting over, often citing factors such as program reputation, location, cost, graduation rates, employment outcomes, and family or personal interests. Members mentioned a range of possible paths including law, aviation, education, construction management, psychology, social work, criminal justice, nursing, intelligence studies, and the arts. Several also highlighted the value of historically Black colleges and universities, dual enrollment, and career/technical education. The chair used the exercise to frame the meeting’s broader focus on Florida’s higher education pathways and student outcomes. Dr. Kathleen Plinsky of Valencia College then gave an overview of the Florida College System and Valencia’s role in it, emphasizing Florida’s statewide articulation and transfer framework, open-access mission, affordability, and workforce alignment. She described Valencia’s record enrollment, high retention, large share of first-generation and working students, and partnerships such as Direct Connect to UCF, Osceola Prosper, and Open Door grants for short-term training. Members asked about guaranteed transfer, apprenticeships, enrollment trends, student demographics, out-of-state residency, county scholarship costs, dual enrollment outcomes, and barriers to expanding career dual enrollment. Dr. Plinsky said the system supports transfer and acceleration well, but funding constraints limit growth in some areas; she also noted that dual enrollment participation is high and that Valencia’s affordability and student support efforts have driven recent enrollment gains. Dr. Jim Clark of Florida State University followed with an overview of the State University System, describing its governance, performance-based funding, low tuition, and strong graduation and research outcomes. He highlighted FSU’s enrollment, research profile, transfer student success, FSU Health, the National High Magnetic Field Laboratory, partnerships with K-12 schools and Tallahassee State College, and efforts to expand nursing and medical education to address workforce shortages. After the presentations, the committee heard from a panel on student acceleration and mobility: Shannon Mercer of the Department of Education explained the Office of Articulation, the statewide course numbering system, FASTER records, the 2+2 transfer model, specialized AA transfer degrees, and credit for industry certifications, military, medical, and law-enforcement training. Panelists from Kaiser University, Florida State University, and Pinellas County Schools described their institutions’ roles in transfer, advising, career pathways, apprenticeships, and dual enrollment. No formal votes or bills were taken up in the portion provided.

Transcript Highlights:

• Who exactly selected those experts?
• To the consultant, who exactly selected those experts that you are referring to, and what criteria were
• used to select those volunteers?
• So were there any legislators, parents, or other independent oversight entities involved in selecting
• Were parents or other independent oversight entities involved in selecting those experts, or was that

Keywords: 970, all

Transcript Highlights:

• I think maybe I, I think it's a selection outside of, and again, I only have to Outside of, and again
• , if someone wants to become a provider, they meet all of the qualifications, but it has to be a selection
• Yes, you meet all of the qualifications, but how does the selection, I think, yeah, how does But how
• does the selection, I think, yeah, how does the selection happen?
• Is it just these terms that once they've met them, they become part of the pool to be selected, or how

Summary: The Insurance and Banking Subcommittee met to hear and vote on several bills, with all measures reported favorably. The first major item was PCS for HB 175 on payment stablecoins, which would create a Florida regulatory framework aligned with the federal GENIUS Act so issuers can choose state regulation instead of federal licensing. Members asked extensive questions about how stablecoins differ from other digital assets, whether Florida would need federal approval, and what impact the bill would have on the Office of Financial Regulation; the sponsor and OFR said the state framework would mirror federal standards and that any workload increase was currently indeterminate. The PCS passed unanimously after testimony from OFR and the Florida Blockchain Business Association in support. The committee then approved CS for HB 961, which streamlines electronic signature requirements for salvage titles and certificates of destruction, and HB 1415, a DFS stablecoin pilot program allowing certain stablecoins to be used for licensing and regulatory fees. HB 1415 was amended to remove authority for a Florida coin, limit the pilot to established stablecoins with at least $1 billion market cap, and require secure custody through a public depository or custodial bank. Members discussed how any interest or revenue would be used, with sponsors saying the pilot was still exploratory and intended mainly to cover program costs. Both bills passed favorably. HB 1039, establishing a state cryptocurrency reserve, also passed after a strike-all amendment moved administration of the reserve from the CFO’s office to the State Board of Administration and tightened eligibility to cryptocurrencies with a $100 billion market cap over the prior 12 months. Supporters argued the bill would create a framework for future diversification and investment in established digital assets, while several members raised concerns about volatility, reporting frequency, and the meaning of new terms such as qualified liquidity provider and secure custody solution. The committee also passed CS for HB 951 on penny rounding for cash transactions, with an amendment clarifying cash transaction definitions and treating money orders and gift cards like credit-card transactions for rounding purposes.

Transcript Highlights:

• It forwards primarily almost all of the consultants' recommendations as part of the work of the select
• <00:08:31.120> committee part of the work of the select committee part of the work of the
• Uh, section 8 contains a $500,000 appropriation to continue the select committee for one more interim
• One of the policy positions from the select committee was to continue and study that this next interim
• One of the policy positions from the select committee was to continue and study that this next interim

Bills: HB0150

Keywords: Wyoming business council, economic development, task force, evaluation, policy reform, 916, all

Transcript Highlights:

• I'll go ahead and call this Assembly Select Committee on Biotechnology and Medical Technology to order
• I'll go ahead and call this Assembly Select Committee on Biotechnology and Medical Technology to order
• biotechnology companies, educational institutions, and research and development, which is why the select
• Companies, educational institutions, and research and development—this is why the select committee was
• I just wanted to take this opportunity to thank the Select Committee and the panelists for providing

Summary: The Assembly Select Committee on Biotechnology and Medical Technology held an informational hearing on the role of biotechnology industries in wastewater treatment, hosted at Bakar Labs on the UC Berkeley campus. Opening remarks emphasized California’s water scarcity, the rising cost of wastewater infrastructure, and the need to reuse and clean contaminated water. Committee members framed the hearing as a look at both current treatment challenges and emerging technologies that could improve water quality, affordability, and resilience over time. The first panel focused on statewide wastewater challenges. BACWA Executive Director Laurie Fono described wastewater plants as part of a broader circular economy, noting their roles in recycled water, environmental enhancement, biosolids management, carbon sequestration, and renewable energy generation. She highlighted major challenges including aging 1970s-era infrastructure, nutrient reduction mandates, sea level rise, evolving regulations, and PFAS source control. She said Bay Area agencies face about $11 billion in nutrient reduction costs, with rate increases, state revolving funds, WIFIA loans, and bonds as the main financing tools. Members asked about regional differences, energy revenue opportunities, smaller decentralized plants, and agricultural collaboration. The second panel featured researchers and lab experts discussing biotechnology solutions. Lawrence Berkeley National Lab’s Dr. Romine Chakarvati described using microbial communities and machine learning to help break down PFAS and treat produced water. CEL Analytical’s Dr. Yigi Dearborn explained pathogen testing for direct potable reuse, wastewater monitoring, and the need for larger sample volumes and more funding to validate methods for viruses and protozoa. Stanford’s Dr. Chunhung-Shin presented an anaerobic membrane system that turns domestic wastewater into clean water and energy with less biosolids and lower operating costs. Committee members asked about AI, assay development, scaling technologies, and funding priorities. Public comment from the California Association of Sanitation Agencies stressed the need to balance scalability, reliability, and affordability, and the hearing adjourned without any formal vote or action.

Transcript Highlights:

• is their primary purpose: to select projects to send over to the Finance Authority for funding, and
• The selection policy criteria, and I apologize that these did not get.
• The prioritization policies define how we select projects by the Opportunity Enterprise Board.
• So, their task again is to select projects to send over to the Finance Authority, and we will do the
• So that's the way projects are selected. There are a few other key points.

Transcript Highlights:

• Thank you for your patience, and welcome to our first informational hearing for the Select Committee
• our staffs are sitting at their desks, watching it, including the many members that are part of the select
• I don't know if any other state has a select committee like this and is actually having formal hearings
• Dear Chairman Kalra, members of the Select Committee, thank you for granting me the opportunity to speak
• Dear Chairman Kalra, members of the Select Committee, thank you for granting me the opportunity to speak

Summary: The Select Committee on Alternative Protein Innovation held its first informational hearing to examine the state of alternative protein research, industry growth, and policy needs in California. The chair opened by noting California’s $5 million public investment in UC research in 2022 and framed the hearing around three panels: the climate, environmental, and security potential of alternative proteins; industry scaling and commercialization; and university-led research and workforce development. Members emphasized that the committee will continue with site visits and additional hearings across the state. The first panel focused on the case for alternative proteins as a climate, land, water, biodiversity, and food-security solution. Shana Fertig of the Good Food Institute argued that plant-based, fermentation-derived, and cultivated proteins can reduce greenhouse gas emissions, land use, and water use while helping California meet its climate and conservation goals. Zane Swanson of CSIS added that alternative proteins could reduce risks tied to zoonotic disease, antimicrobial resistance, supply-chain disruption, and broader national security concerns. In questions, members discussed the role of pharmaceuticals in animal agriculture and how alternative proteins might complement, rather than replace, traditional farming by creating new markets for California crops and helping farmers diversify. The second panel featured industry leaders Ethan Brown of Beyond Meat, Myra Passick of Upside Foods, and Arye Elfenbein of Wildtype. Brown highlighted plant-based meat’s health and climate benefits, criticized misinformation campaigns against the sector, and urged better labeling, reduced subsidies for factory farming, and more plant-based food in public institutions. Passick described cultivated meat as a scalable food-production technology, said Upside Foods has already produced millions of pounds annually at its Emeryville facility, and asked for grants, low-interest loans, and possible participation in cap-and-trade or similar revenue programs. Elfenbein described cultivated seafood as a way to address overfishing, contamination, traceability problems, and the heavy import dependence of the U.S. seafood supply, while also noting conservation benefits and the need for California to remain a hub for the industry. The final panel centered on research and workforce development. UCLA’s Amy Rowat described state-funded work on technical bottlenecks such as growing fat cells and creating edible scaffolds, along with a Future Food Fellows program that trains students across science, engineering, law, and policy. UC Santa Cruz economist Galina Hale argued that alternative proteins are necessary to meet future protein demand while reducing food-system emissions, and said California must support the sector through grants, loans, procurement, and research centers to avoid losing leadership to other states and countries. The hearing ended with the chair thanking the witnesses, noting that all materials would be posted online, and saying the committee would continue building policy and budget proposals to support the sector.

Transcript Highlights:

• , California Volunteers would use $1.8 million for staffing to run a competitive grant process to select
• After these new campuses are selected, California Volunteers would then use the remaining $3.2 million
• After these new campuses are selected, California volunteers would then use the remaining After these
• new campuses are selected, California volunteers would then use the remaining $3.2 million to issue
• Thanks to all my experiences, I was recently selected to intern with the Los Angeles Fire Victims...

Summary: The subcommittee held an informational budget hearing covering several GovOps, CDT, CPPA, and DGS items. GovOps reported that most deliverables under the Governor’s generative AI executive order have been completed, including guidelines, procurement tools, community-impact guidance, and a new project delivery lifecycle for Gen AI projects; one workforce-related deliverable remains. Members and public commenters raised concerns about privacy, labor impacts, and how the state will explain and oversee Gen AI use. The committee also heard a proposal to create a California Education Interagency Council with $5 million ongoing and 16 positions to coordinate workforce and education systems; LAO questioned duplication and recommended limited-term funding, while supporters said a neutral convening body is needed to improve coordination and student outcomes. GoServe presented the College Corps budget proposals, describing the program as a paid service and career-development opportunity for undergraduate students that helps reduce college costs while supporting communities through tutoring, food insecurity work, climate and disaster response, and other service. The administration sought one-time and ongoing funding to expand the program to more campuses and students, while LAO objected to the high administrative costs and recommended rejection. Several students and alumni testified that College Corps provided financial support, professional experience, and career pathways. The committee also heard a $5 million proposal for a Belonging Campaign to address loneliness and social isolation through research, outreach, and local grants; LAO said the proposal lacked clear goals and measures, while supporters said the effort is needed for youth, seniors, and community resilience. The Department of Technology updated the Middle Mile Broadband Initiative, saying construction is underway on the statewide open-access network and the project remains on track for the 2026 deadline, though LAO noted a required business plan had not yet been submitted. The California Privacy Protection Agency presented its Delete Act implementation request for the DROP platform, which will let consumers request deletion of personal information held by data brokers; LAO flagged oversight concerns because CDT is both developing the system and involved in project support. Public commenters from business groups urged caution on CPPA’s rulemakings, warning of compliance costs and job impacts. The Department of General Services then discussed implementation of Proposition 2 school facilities bonds, requesting staffing and administrative funding to manage the new bond program and continue school facility work. Officials said the program can also help districts affected by the January wildfires, including interim site funding and expedited assistance. Finally, DGS requested authority and positions to operate Building 18 for labor-agency tenants relocating from older Capitol Mall space; SEIU Local 1000 criticized the state’s four-day return-to-office policy and said telework has improved productivity and retention. No formal votes were taken; the hearing concluded after public testimony and member questions on each item.

Transcript Highlights:

• to Dylan Tibbs, who is a distinguished Boys and Girls Clubs of America member for 3 years and was selected
• Clubs of America member for 3 years and Clubs of America member for 3 years and was<00:27:25.360> selected
• 26.000> a<00:27:26.080> finalist<00:27:26.720> for<00:27:26.840> the was selected
• as a finalist for the was selected as a finalist for the prestigious<00:27:27.640> 2026<00:27
• to Dylan Tibbs, who is a distinguished Boys and Girls Clubs of America member for 3 years and was selected

Bills: HR209, SB3131, SB2494, SB2447, SB2727, SB2145, SB2143, HR22, HCR22, HR97, HCR105, HR138, HCR146, HCR16, HCR35, HCR40, HR3, HCR4, HR161, HCR171, HR109, HCR117, HR33, HCR33, HR141, HCR149, HR190, HCR200, HR193, HCR203, HR194, HCR204, HR196, HCR206, HR197, HCR207, HR191, HCR201, HR12, HCR10, HR148, HCR157, HR184, HCR194, HR195, HCR205, HR192, HCR202, HR173, HCR183, HR179, HCR189, HR181, HCR191, HR21, HCR21, HR23, HCR24, HR60, HCR66, HR113, HCR121, HR145, HCR153, HR74, HCR82, HR77, HCR85, HR90, HCR98, HR27, HCR36, HR165, HCR175, HR187, HCR197, HR5, HCR6, SB2054

Keywords: entertainment, comedy, youth wellness, cultural identity, Hawaiian culture, mental health, public service, job title, administrative assistant, executive assistant, state personnel, civil service, modernization, employment standards, bribery, corruption, statute of limitations, public servant, criminal justice, campaign finance

Transcript Highlights:

• It devolves the authority to select an assessment to the districts while still requiring NDE to establish
• The bill goes further to say NDE may still select a common form of assessment for those districts that
• And again, just to recap, this devolves some authority to select a manner of assessment that still has
• we would not necessarily be able to have the beginning of the 2025-26 school year include schools selecting
• , and that you can choose your literacy assessments, and they have a validated list which you can select

Bills: AB386

Keywords: AB386, Washoe County School District, reading assessment, literacy, elementary school, pupil assessment, statewide assessment, alternative assessment, reading proficiency, standards-based testing, valid and reliable test, State Board of Education, Department of Education, pilot program, school testing, assessment equivalency, education grant, Nevada education, NRS 388.157, school accountability

Transcript Highlights:

• To the Select Committee on Disaster Preparedness and flooding, Senate Bill 43 by Zafarini relating to
• reservoirs operated and maintained for the purposes of erosion, floodwater, and sediment control to the Select
• emergency operations plans, including camp staff and volunteer training and camper safety drills to the Select

Transcript Highlights:

• county district plans and public participation in the process, providing procedures to appeal a selected
• county district plans and public participation in the process, providing procedures to appeal a selected
• county district plans and public participation in the process, providing procedures to appeal a selected
• [Speaker not identified] was selected to attend professional development sessions and share her learnings

Transcript Highlights:

• on our select committee on tribal<00:02:44.000> affairs<00:02:44.879> this<00:02:45.440
• It's not any different than it was on Select Gaming Committee.
• The bill is not any different than it was on Select Gaming Committee.
• the the bill came out of the select the the bill came out of the select committee<01:09:12.560><
• uh coming out of the select committee. uh coming out of the select committee.

Bills: SF0045, SF0058, SF0067

Keywords: pari-mutuel wagering, simulcasting, historic horse racing, HHR terminals, horse racing, gaming commission, Wyoming Gaming Commission, local control, city approval, county approval, municipal approval, permit renewal, gaming permit, wagering regulation, racetrack, live pari-mutuel event, district court appeal, public notice, land use, public safety

Transcript Highlights:

• This was probably the least aggressive alternative that they ultimately selected.
• Manager selection, the actual implementing of board-approved policy, has a very small effect.
• Naturally, one would think, well, is this manager selection or is this asset allocation?
• It has not been manager selection.
• Manager selection has actually been pretty good, and we'll show that in the next slide.

Summary: The Joint Committee on Public Employee Retirement held a hearing focused on the Missouri State Employees’ Retirement System (MOSERS) and its long-term financial condition. MOSERS Executive Director Abby Spieler and investment consultant Tim McKinery outlined the system’s structure, membership, funding policy, and investment approach. They reported that as of the June 30, 2025 valuation, MOSERS had a 55.4% funded ratio, about $17.4 billion in liabilities, and about $9.6 billion in assets. They explained that the FY27 employer contribution rate was certified at 32% under the board’s minimum contribution policy, up from 30.25%, and said the increase is tied to a $46 million new decision item in House Bill 5. The presentation emphasized that MOSERS is a mature plan with more retirees and inactive members than active employees, and that slow or declining payroll growth has made it harder to pay down unfunded liabilities. MOSERS described recent policy changes intended to improve long-term stability, including lowering the investment return assumption over time, updating mortality assumptions, and adopting a minimum employer contribution policy. The board’s 2024 asset-liability study also led to a shift toward more public equity exposure and less fixed income, with the consultant saying asset allocation has been the main driver of relative investment underperformance versus peers in recent years, though recent returns have improved and the portfolio has outperformed its policy index over shorter periods. Committee members questioned why the funded ratio has fallen over time, whether past investment assumptions were too optimistic, and whether the board had been too conservative in its asset allocation. MOSERS representatives responded that the earlier strategy was a board-approved risk-balanced approach and that hindsight makes the results easier to judge, while stressing that current changes are intended to improve long-term outcomes. Members also asked about the impact of inactive members, the automatic refund proposal for small terminated accounts, and the ongoing Catalyst Capital litigation. MOSERS said the proposed legislation would automatically refund small inactive balances and auto-escalate deferred compensation contributions, and reported that litigation-related attorney fees have been about $20 million so far. No votes were taken, and the committee adjourned after questions and discussion.