Video & Transcript Research : 'aggregates'
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MA
Massachusetts 2025-2026 Regular Session
Public Health Effects of Xylazine Jun 21st, 2026 at 02:00 pm
Transcript Highlights:
- That's a sort of a database aggregation that could be very helpful. Absolutely.
- But certainly, it's... a database aggregation that could be very helpful. Absolutely.
Summary:
The working group on best practices for oversight and enforcement met for its first session and focused on xylazine, including its legal veterinary uses, its appearance in the illicit drug supply, and whether it should be classified as a controlled substance. Members discussed the distinction between pharmaceutical-grade and non-pharmaceutical-grade xylazine, the role of international/illicit sourcing, and the limits of state-level regulation if the substance is already being added to fentanyl or other drugs outside the Commonwealth. The Department of Public Health representative summarized the agency’s view that scheduling xylazine could follow the “ironclad law of prohibition” and push the market toward other, potentially worse substances, and said DPH opposed straight scheduling in favor of education, support, and harm-reduction approaches.
Veterinary members explained how xylazine is used in large-animal and research settings, why it is useful, and why federal-style scheduling could create practical burdens for veterinarians who work in the field. They also described reversal agents such as yohimbine and atipamezole (Antisedan), and noted that xylazine is not commonly used in small-animal practice. Several members raised questions about how much xylazine is actually used legally in Massachusetts, whether boards of pharmacy or distributors could provide useful data, and what other states have done. Arizona and Florida were mentioned as possible examples for further research, along with the need to examine stakeholder opposition and any effects on legitimate veterinary practice.
The group agreed to divide into two subgroups: one focused on oversight and regulation of production/distribution, and another on whether xylazine should be classified as a controlled substance and what penalties, if any, should apply. Staff said they would circulate notes, a draft PowerPoint template, and a shared folder, with members asked to submit materials by December 2, draft materials due December 4, and final approval by December 9 ahead of the next public meeting on December 11. The meeting ended with a motion to adjourn, a second, and unanimous closure.
CA
California 2025-2026 Regular Session
Assembly Revenue and Taxation Committee Jul 14th, 2025
Transcript Highlights:
- The chair is recommending I vote with the amendments to reduce the aggregate cap to $1 million annually
- The amendments reduce the aggregate cap to $100 million annually and provide a technical change.
Summary:
The Assembly Committee on Revenue and Taxation heard several bills focused on transit funding, veterans’ tax relief, clean energy incentives, housing development costs, and tax conformity. SB 63 would authorize a Bay Area regional sales tax measure for transit agencies facing fiscal shortfalls; supporters said it was needed to avoid major service cuts, while the California Taxpayers Association opposed it on Proposition 13/218 concerns. SB 56 would exclude veterans’ disability compensation from income calculations for the disabled veterans’ property tax exemption, and SB 296 would expand property tax relief for 100% disabled veterans and certain surviving spouses; both drew broad veterans’ support. SB 86 would extend and expand the California Alternative Energy and Advanced Transportation Financing Authority sales and use tax exemption program, including fusion energy, and SB 302 would conform state tax law to federal clean energy credit monetization provisions; both were backed by industry, labor, and clean energy advocates. SB 328 would cap Department of Toxic Substances Control fees on contaminated-soil remediation for infill and master-planned housing projects, with housing groups arguing the current fee structure can make projects infeasible. SB 711 would update California’s tax conformity date to January 1, 2025 to reduce complexity and inconsistencies with federal law, and was supported by tax professionals and business groups.
Several bills were held or sent to suspense, while others advanced with amendments. After quorum was established, SB 63 passed the committee 4-2 and SB 86, SB 302, SB 328, and SB 711 were referred to suspense, with SB 86 and SB 302 later approved out of suspense with amendments. SB 56 was held in committee, SB 296 was made a two-year bill, and SB 284 and SB 723 were held. The committee also approved a number of additional suspense-file bills, including SB 293, SB 359, SB 419, SB 587, SB 603, SB 663, SB 710, and SB 785, while SB 591 was approved with amendments and SB 353 was made a two-year bill. The hearing concluded with the committee adjournment after final roll calls and bill actions.
MN
Transcript Highlights:
- I'm the agency PFAS coordinator at the Minnesota Pollution Control Agency. aggregate material on them
- It's a filter, whether it's in a traditional—you think like a coffee filter—but it's not that; it's aggregate
Bills:
HF3220
Keywords:
school safety, school security, emergency access, law enforcement access, master key box, secure key box, entry device, school grants, education finance, Department of Education, charter schools, school districts, cooperative units, appropriation cancellation, one-time appropriation, school safety plan, emergency preparedness, public safety, school building security
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations Apr 15th, 2025 at 02:00 pm
Appropriations
Transcript Highlights:
- Page 8 has data aggregation system, so I'm not sure how that's going to work because neither the bank
- The DPI is also, like I said, I might have mentioned this, but it's also required to aggregate the data
Summary:
The committee first took up House Bill 1012, the Department of Health and Human Services budget. Senator Dever walked through the amended budget, highlighting a roughly $5.85 billion all-funds total, major one-time items for IT, child care, housing, behavioral health, juvenile justice, rural EMS, and supportive housing, along with funding for Medicaid expansion, CCBHCs, opioid settlement uses, and several studies and reporting requirements. Members discussed the provider inflation increase, with Senator Mathern urging a 2%/2% rate instead of 2%/1.5%, but the committee adopted the subcommittee amendment and then passed the amended bill 15-0 with a do-pass recommendation. Senator Dever was named as carrier.
The committee then considered House Bill 1540, a school choice/education savings account-style bill. Senator Shibley explained the subcommittee amendments, including clarifying the Bank of North Dakota as administrator, adding a means test at 400% of the federal poverty guideline, and adjusting the fiscal note to about $21.7 million for the second year. In debate, members raised concerns about the bank being assigned duties outside its normal role, the lack of DPI involvement, and whether the means test should be tiered rather than a hard cutoff. The committee rejected a do-not-pass motion 5-10-1, then approved a do-pass motion on the amended bill 9-6-1, with Senator Wobama noted as the likely carrier.
The meeting ended with the chair announcing the committee would adjourn and reconvene the next morning.
FL
Transcript Highlights:
- I am assuming that's aggregate over all entities who contribute.
- So... $2.5 million, I am assuming that's aggregate over all entities who contribute.
Summary:
The Senate Committee on Health Policy considered several health-related measures. SB 890 on improving screening and treatment for blood clots was presented as a work-in-progress based on a prior working group. The bill would define certain clot-related conditions as chronic diseases, create a DOH registry, require screening and training in hospitals, nursing homes, and assisted living facilities, and several senators raised concerns about definitions, training requirements, facility responsibilities, and public records impacts. Survivors and family members testified in strong support, describing blood clots as a preventable public health crisis. The bill was reported favorably after a roll call vote.
SB 668 on storage and disposal of prescription drugs and sharps would direct a study of medical sharps collection and address conflicts between state and federal law on disposal of certain prescription drugs. Senators discussed whether the study should include both individual and commercial disposal and whether newer injectable medications increase sharps waste. The bill received supportive testimony from waste and recycling stakeholders and was reported favorably. SB 762 on preventing the spread of avian influenza would create a DOH task force to develop a statewide response strategy, monitor outbreaks, study wastewater monitoring, and recommend cost-effective testing and prevention measures. An amendment extended the task force deadline, and the bill was reported favorably as a committee substitute.
The committee also approved SB 182, which creates the Home Away From Home tax credit for businesses donating to charities that house families of critically ill children, with supporters saying it would help expand lodging for families in need. SB 942, the chair’s bill on restrictive covenants in health care, would limit non-compete clauses for physicians under a salary threshold, with debate focused on patient access, workforce retention, and concerns about small practices and contract enforcement. The bill was reported favorably. Finally, the committee adopted SPB 7018 to preserve a public records exemption for minors seeking judicial bypass of parental consent requirements for abortion, and then reported it favorably. Several members later recorded votes on earlier bills, and the committee adjourned.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (03/04/2025)
Transcript Highlights:
- What that would look like is anything that could be anonymized and aggregated.
- Absolutely, it's got to be aggregate. That's right.
- Aggregate data on 15 employees, 20 employees, it's not hard for the CEO to figure that out and to know
- be an aggregate be an aggregate data<02:01:00.119>
and <02:01:00.239>not <02:01:00.520 - that's not hard to figure out aggregate that's not hard to figure out aggregate data<02:01:31.119
Summary:
The subcommittee first reviewed its schedule, noting that 13 bills were being executed the next day and that additional subcommittee work would be scheduled around Town Meeting Day and the following session days. The chair explained that the committee would not meet on Town Meeting Day, would handle the remaining bills on the next available subcommittee day, and would continue any unfinished items later in the month.
The committee then took up House Bill 774, which concerned Medicare-related coverage issues. Members discussed the bill’s purpose and the differences between Medicare standard and Medicare Advantage, with one member saying the proposal was informative but did not offer a workable solution. The committee also moved to inexpedient to legislate on House Bill 185, and the motion passed on a 6-0 vote.
House Bill 241, relating to alternatives to opioids, was retained for further work. Members said the bill raised concerns about insurers effectively practicing medicine and about the lack of evidence on the efficacy of some alternative treatments, while also noting that chiropractic coverage mandates already exist in statute. The committee voted to retain the bill, with the motion passing 6-0.
The most extended discussion was on House Bill 648, which would expand insurance coverage for glucose monitoring. Testimony and committee comments focused on whether coverage should be tied to insulin use or instead to a physician’s medical judgment, the role of continuous glucose monitoring for people with type 2 diabetes who are not on insulin, and the potential cost impact. An insurance department fiscal analyst said the original $22-per-member estimate was based on the unamended bill and that the amended version would require updated analysis; members agreed to retain the bill to narrow the eligible population and revisit the language later.
FL
Florida 2026 5th Special Session
Joint Legislative Auditing Committee Dec 8th, 2025
Transcript Highlights:
- earlier about staffing and the correlation between staffing and districts, the 21 districts had an aggregated
- When you look at it on an aggregate level, it's not even seven-tenths of an employee for all the districts
Summary:
The Joint Legislative Auditing Committee met to consider several audit requests and enforcement items related to local government accountability. The committee heard requests for operational audits of the City of Miami Beach, the Delray Beach Downtown Development Authority, and the City of Daytona Beach. In each case, the requesting member cited concerns about transparency, financial management, or compliance with state law. Representatives from Delray Beach DDA testified that an internal audit had already been completed, that findings were limited, and that they were working to cure issues such as procurement, credit card, and disbursement policies; the DDA chair also said the organization was willing to cooperate and was considering transitioning out of operating Old School Square. For Daytona Beach, the sponsor pointed to excess building permit revenues, vehicle purchases, and reported P-card irregularities as reasons for a broader audit. The committee approved all three audit requests, directing the Auditor General to finalize the scope while considering the stated concerns.
The committee also received a presentation on the statewide performance reviews of 21 neighborhood improvement districts. The reviewers reported that 15 districts were active and six inactive, with common issues including outdated or missing performance plans, weak web presence, inadequate meeting notices, and limited management mechanisms. They said staffing levels often correlated with the ability to meet statutory requirements, and recommended that several districts be reviewed to determine whether they were still needed. Members asked about staffing, inactivity criteria, and how the districts were administered, and staff explained that city or county liaisons often supplement district staffing.
Later, staff reviewed enforcement actions for local governments that failed to file required financial reports or omitted required information from submitted audits. The committee discussed a list of noncompliant counties, municipalities, and special districts, including the town of Rayford, which staff said had long-standing reporting problems, no apparent municipal services, and no response to repeated outreach. The committee voted to send a letter to the Union County legislative delegation encouraging a local bill to dissolve Rayford. It also approved staff recommendations to proceed against entities still missing required filings or missing audit information, with authority for the chair and vice chair to delay action if additional information is later provided in good faith.
FL
Florida 2026 Regular Session
Joint Legislative Auditing Committee Dec 8th, 2025
Transcript Highlights:
- earlier about staffing and the correlation between staffing and districts, the 21 districts had an aggregated
- When you look at it on an aggregate level, it's not even seven-tenths of an employee for all the districts
Summary:
The Joint Legislative Auditing Committee met to consider several audit requests and enforcement items involving local governments and special districts. The committee approved operational audits of the City of Miami Beach, the Delray Beach Downtown Development Authority, and the City of Daytona Beach. In each case, the requesting member described concerns about transparency, financial management, or internal controls, while local officials or representatives generally said they were willing to cooperate and, in Delray Beach’s case, noted that an internal audit had already been completed and that some issues were being corrected.
The committee also received a presentation on the statewide review of neighborhood improvement districts. The reviewers reported that 15 of 21 districts were active and six inactive, with common findings including outdated or missing performance plans, weak web presence, inadequate meeting notices, and limited management mechanisms. They said staffing levels often correlated with the ability to meet statutory requirements, and they recommended updates to district governance and transparency practices.
On enforcement, staff reviewed local governments and special districts that had failed to file required financial reports or had submitted audit reports missing required information. The committee approved staff recommendations to proceed under the statutory enforcement process for the noncompliant entities, with flexibility for the chair and vice chair to delay action if additional information is provided in good faith. The committee also voted to send a letter to the Union County Legislative Delegation encouraging a local bill to dissolve the Town of Rayford, based on staff’s view that the town lacked employees, services, debt, and a clear reason to continue existing as an incorporated municipality.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jun 3rd, 2025
Transcript Highlights:
- I think we tend to often look at these big entities and think of the aggregate amounts of profits and
- I think we tend to often look at these big entities and think of the aggregate amounts of profits and
Summary:
The Assembly Committee on Utilities and Energy heard two bills focused on electricity affordability and utility costs. AB 745, by Assembly Member Irwin, would restructure the California Climate Credit by shifting it from lump-sum payments to direct reductions in volumetric electricity rates and moving the credit to the summer months when bills are highest. The author and UC Santa Barbara economist Dr. Kyle Meng argued this could significantly lower summer rates and better help households during extreme heat. Supporters, including UCS, NRDC, and some labor representatives, favored the concept, with some urging that the gas climate credit also be redirected. No opposition testimony was presented, and the bill passed 18-0 to the floor.
The committee then considered AB 825, also presented as an affordability package aimed at reducing electric bills by addressing wildfire mitigation costs, transmission financing, permitting delays, and a review of ratepayer-funded programs. The bill would authorize securitization for undergrounding expenses, remove the first $15 billion in undergrounding capital investments from the rate base for return purposes, create a public transmission financing program using Proposition 4 funds and IBank support, revive the California Power Authority as a public sponsor, and establish a task force to review energy efficiency and demand response programs. The author and witness Matt Friedman of The Utility Reform Network said the bill could save ratepayers billions over time through lower-cost public financing and securitization.
Testimony on AB 825 was mixed. Support came from several consumer and clean-energy groups, while utilities and labor raised concerns about the bill’s impact on utility financial stability, wildfire fund participation, liability, and whether the $15 billion securitization cap could discourage undergrounding. Some witnesses also objected to the task force’s potential effect on energy efficiency and demand response programs. Committee members discussed the need to balance affordability with utility creditworthiness and wildfire safety, and several asked for more analysis of market impacts and liability issues. Despite those concerns, AB 825 passed the committee 13-0 and was sent to the floor.
TX
Transcript Highlights:
- board approves the institution itself but houses no other data and members as you can see None are aggregated
- The long-term goal to have a model like other agencies do where data is aggregated in one place and the
Bills:
SB2972, SB1909, SB2815, SB735, SB2233, SB800, SB1069, SB2683, SB2986, SB2058, SB2310, SB2055, SB1032
Keywords:
expressive activities, freedom of speech, public forum, higher education, protests, student rights, antisemitism, public institutions, disciplinary policy, student organizations, compliance, institutional policy, disciplinary sanctions, diploma designation, institution merger, academic records, student options, Holocaust education, Holocaust Remembrance Week, genocide education
HI
FL
Florida 2025 Regular Session
February 5, 2025 - 03:00 PM
Transcript Highlights:
- The aggregate is off the charts.
- The aggregate is off the charts.
Summary:
The Natural Resources and Disaster Subcommittee met to continue its review of hurricane impacts and state response. The committee first heard from the Florida Division of Emergency Management, which described its four core functions—preparedness, response, recovery, and mitigation—and highlighted its 24/7 State Watch Office, regional training efforts, and disaster assistance work. Deputy Executive Director Keith Pruitt detailed the state’s 2024 storm response, including Hurricanes Debby, Helene, and Milton, citing large-scale mission support, flood-control deployments, meal and water distribution, power restoration, debris removal, and billions in disaster funding and mitigation dollars. He also discussed debris management challenges and recommended that local governments update and exercise debris plans and maintain contingency contracts.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Nov 20th, 2025
Transcript Highlights:
- So do you have an aggregate, Mr. Chair, of all those medical malpractice lawsuits that we paid out?
- I'm sorry, is there an aggregate number of... is that... that's what I'm trying to...
- When we're looking at, again, an aggregate of information, as medical malpractice has been a huge issue
TX
Transcript Highlights:
- personally identifiable information and that's a more direct route than going through a third party that aggregates
- Well what I would say is Eric was getting the data they were aggregating it and doing their data work
- delivered back to the custodian of election records. for retention and then at that point they can aggregate
FL
Florida 2025 Regular Session
January 14, 2025 - 01:00 PM
Transcript Highlights:
- So it's my understanding this is a score that's managed through a third party that aggregates some data
- It's being aggregated, and then the secret sauce is coming up with a number, and then that number is
- It's being aggregated, and then the secret sauce is coming up with a number, and then that number is
Summary:
The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin.
The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials.
Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (9-23-25)
Transcript Highlights:
- Uh, they've saved us in the aggregate probably nine figures.
- Uh, they've saved us in the aggregate probably nine figures.
- saved<00:13:37.600>
us <00:13:38.320>in <00:13:38.560>the <00:13:38.720>aggregate - they've saved us in the aggregate they've saved us in the aggregate probably<00:13:40.320>
nine
Keywords:
Meeting Start: 00:00:35
Attendance Roll Call: 00:00:55
Approval of Minutes: 00:02:56
Deferred Compensation Authority Update: 00:03:12
Retiree Health Update - TRS: 00:15:58
Retiree Health Update - KPPA: 00:56:13
Adjournment: 01:08:10, 958, all
Summary:
The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants.
Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation.
TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear.
Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.
NH
New Hampshire 2026 Regular Session
House Resources, Recreation and Development (01/28/2026)
Resources, Recreation and Development
Transcript Highlights:
- if you try to piecemeal a major project as a series of minor projects, we will consider them an aggregate
- if you try to piecemeal a major project as a series of minor projects, we will consider them an aggregate
- if you try to piecemeal a major project as a series of minor projects, we will consider them an aggregate
- if you try to piecemeal a major project as a series of minor projects, we will consider them an aggregate
- <04:24:05.199>
an projects we will consider them an projects we will consider them an aggregate
ND
North Dakota 2025-2026 Regular Session
SB 2282 Conference Committee Apr 16th, 2025 at 03:00 pm
Transcript Highlights:
- So, yeah, so this, it just basically eliminates the definition of the aggregate child care contribution
Summary:
The committee met on Senate Bill 2282 with members of both chambers present and took up a proposed amendment related to the child care tax credit. Representative Foss explained that the amendment would remove the definition of the “aggregate child care contribution” and instead place the credit amount directly in the code, setting it as a flat $500 rather than a percentage-based calculation. Members indicated agreement with the change.
Because a prior amendment was already attached to the bill, the committee first voted to reconsider that action. The motion to reconsider passed unanimously by roll call. The committee then voted to adopt Amendment 1004, which also passed unanimously.
After the amendment was adopted, the committee voted to advance Senate Bill 2282 as amended. That motion also passed unanimously. With no further business, the chair adjourned the meeting.
KY
Kentucky 2026 Regular Session
Public Pension Oversight Board (6-1-26)
Transcript Highlights:
- They might be starting to aggregate data.
- might<00:15:02.800>
be <00:15:02.959>starting <00:15:03.199>to <00:15:03.360>aggregate - <00:15:05.120>
Um might be starting to aggregate data. - Um might be starting to aggregate data.
Keywords:
Meeting Start: 00:00:09
Attendance Roll Call: 00:01:42
Approval of Minutes: 00:03:23
Overview of Actuarial Audit Process: 00:03:47
Overview of Reemployment After Retirement Provisions: 00:25:26
Teachers’ Retirement System: 00:25:26
Kentucky Public Pensions Authority: 00:50:32
Adjournment: 01:02:55, 958, all
Summary:
The meeting began with quorum, approval of the prior minutes, and an announcement that the June meeting had been canceled and replaced by this combined May/June meeting; the next official PPOB meeting was announced for July 21 at 2:30. Staff then gave an overview of the Public Pension Oversight Board’s required actuarial audit process, explaining that House Bill 238 requires a review every five years of the retirement systems’ actuarial assumptions and methods, funded by the systems themselves. The presentation distinguished this audit from a financial or forensic audit, described the three possible audit levels (full replication, limited/spot review, or basic review), and noted that the last audit in 2021 was a level one performed by Milleman Consulting at a cost of about $190,000. Members discussed timing for the next audit cycle, with a request to LRC likely needed in July or August to target the June 30, 2026 valuation, and several members expressed interest in another level one review. Questions also addressed whether prior audits found major issues; staff said the 2021 review was generally clean but recommended more consistency in reporting and assumptions across systems.
The committee then welcomed new staff and interns, including Odet Guanzi of KPPPA and Team Kentucky intern Amamira Bowman. Bo Barnes of the Teachers Retirement System presented an overview of the statutory framework for reemployment after retirement under KRS 161.605. He explained that the law is intended to let retirees return to help with staffing needs, do so in an actuarially sound way through required contributions, and keep TRS compliant with federal tax rules for a qualified plan under section 401(a). Barnes described the required breaks in service and earnings limits for retirees returning part-time or full-time, including the three-month or 12-month break depending on the employer, the 6,900-day limit, and the daily wage threshold based on years of service. He also noted a lightly used critical shortage program that allows school districts to hire retirees without a wage cap, while still observing the break-in-service rules.
Members asked questions about who decides the scope and level of the actuarial audit, how the audit would treat leave balances and other benefit-related items, and whether the prior level one audit identified substantial problems. Staff said the committee would request the audit, but LRC would handle contracting, and that the audit scope could include items like sick leave and annual leave costs if requested. On the reemployment topic, Barnes emphasized that the rules are designed to avoid pre-arranged retire-and-return arrangements that could jeopardize TRS’s tax-qualified status. No formal votes were taken beyond approving the minutes, and the meeting concluded with the presentations and discussion of these pension oversight issues.
HI
Hawaii 2026 Regular Session
ECD Public Hearing - Fri Mar 20, 2026 @ 9:30 AM HST
Economic Development & Technology
Transcript Highlights:
- of these, the genesis of this and bills that were introduced in prior session were also from an aggregate
- introduced in prior session were also<00:35:37.560>
from <00:35:38.400>an <00:35:38.720>aggregate - <00:35:39.320>
voice <00:35:39.840>of <00:35:39.960>the also from an aggregate - voice of the also from an aggregate voice of the community.<00:35:41.000>
Strengthening, <00:35
Bills:
SB2580, SB2578, SB2259, SB3084, SB2816, SB2928, SB2075, SB3322, SB2377, SB2436, SB2835, SB3248
Keywords:
SB2580, Hawaii film tax credit, motion picture tax credit, digital media credit, film production incentive, income tax credit, general excise tax exemption, DBEDT, DOTAX, local hires, local workforce, film industry, movie production, television production, streaming platform, streaming series, loan-out companies, motion picture project employer, qualified production, qualified production costs
Summary:
The committee opened by reviewing hearing procedures and then took up SB 2580, which concerns Hawaii’s film production tax credit and related incentives. Testimony was strongly supportive overall, with witnesses saying the measure would help attract productions, extend the sunset date, include streaming platforms, and strengthen the state’s competitiveness. Several supporters asked for cleanup language on grant administration, tax credit management, local-hire uplifts, and limits on third-party audit requirements for smaller productions. The state film office said the bill was generally strong but suggested clarifying language and noted that DBEDT and DOTAX already provide oversight of the current credit. No vote was taken in the transcript, but the bill drew broad support with a few comments and one opposition noted later in the hearing.
The committee then heard SB 2578 SD1, a measure to create a film commission and related grant structure. Testifiers said the proposal would formalize industry input, improve accountability, and help the state compete globally, but they also raised concerns about how a new grant program would interact with the existing tax credit system. The film office said the grant program and tax credit should be separated operationally, that the advisory structure should include industry voices and possibly union representation, and that county film commissioner language may need technical adjustment. A testifier also suggested a Hawaii film museum and related tourism opportunities. The measure was described as having 42 supporters, one opposition, and five comments, with no final action shown.
The committee next considered SB 2259, a dementia training measure. Supporters, including the bill’s drafter and the Alzheimer’s Association, described personal caregiving experiences and said free dementia training could help workers and families. Suggested amendments focused on clarifying the relationship between EOA and DBED and allowing retraining every two years because of workforce turnover. DBED said the bill is worthwhile but is not really an economic development initiative, and it should align with existing dementia programs and be easy for businesses to use, preferably online. The committee then moved to SB 3084 SD1, which HTDC said would expand its R&D matching program beyond SBIR to other federal research grants because of uncertainty at the federal level; the transcript ends as testimony begins, with no vote or final action recorded.