Video & Transcript : 'pension legislation' :

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CA
Transcript Highlights:
  • And so pensions are critically important to the welfare of our state.
  • Same thing kind of works out here with the pension plan.
  • Some people would argue you should fund the pension plan under this shorter period.
  • And the report that's being used to determine what our pension contributions are.
  • pension and payments to all the members.
Summary: The Assembly Committee on Public Employment and Retirement and the Senate Committee on Labor, Public Employment, and Retirement held a joint hearing required by law to receive an independent report from the California Actuarial Advisory Panel on CalPERS. Chair McKinnor and Senator Smallwood-Cuevas opened by emphasizing CalPERS’ importance to retirement security for public employees and to the state budget. Scott Tarando, CalPERS Chief Actuary and a CAP member, presented on the statutory disclosure requirements in Government Code Section 2029, including the use of CalPERS’ 6.8% discount rate and the need to show how changes in investment return assumptions and amortization periods affect liabilities, contribution rates, and budgets. Tarando explained that lower investment returns increase contribution rates and unfunded liabilities, while higher returns reduce them. He also described CalPERS’ 20-year amortization period for new unfunded liabilities, comparing it to a mortgage and noting that shorter periods raise near-term costs but reduce long-term interest costs. He said the CAP has recommended a 15- to 20-year range and that CalPERS’ current approach is intended to smooth volatility for a large, ongoing plan. Members asked about the meaning of average service lifetime, the timing of valuation data, whether more current data could be used, the effect of AI and workforce changes on assumptions, and whether contribution changes affect retiree benefits. Tarando said retiree benefits do not change with annual valuations, that CalPERS uses audited year-end data because it is the most reliable basis for rates, and that AI impacts are being monitored but are too early to quantify. Committee members also discussed CalPERS’ funded status, with Tarando saying it had improved from the mid-60% range about 10 years ago to around 79% at fiscal year-end and over 80% more recently, reducing pressure on employers and the state budget. Michael Cohen, CalPERS’ investment operations chief, said CalPERS had complied with federal information requests and that its annual audits are publicly available, but no formal federal review had been released. In public comment, a representative of the California State Association of Counties praised the improved funded status and the role of PEPRA reforms. The chairs closed by reaffirming CalPERS’ fiduciary duty and the goal of protecting retirement security for public workers; no votes were taken.
WA

Washington 2025-2026 Regular Session

Select Committee on Pension Policy Oct 21st, 2025

Select Committee on Pension Policy

Transcript Highlights:
  • All right, the Select Committee on Pension Policy Executive Committee meeting is in order.
  • update those fiscal notes going into next session if either of those topics proceed during the legislative
  • , that bill wasn't, you know, stamped and sealed as an official bill from the Select Committee on Pension
  • Policy, so we have some of... ...from the Select Committee on Pension Policy, so we have some options
  • The language of a separate use of the money being referred to a pension funding group that I have no
Summary: The Select Committee on Pension Policy Executive Committee approved the September minutes and received updates on two court cases, Fowler and Dolan. Staff explained that Fowler concerns interest calculations for members who transferred from Plan 2 to Plan 3 before 2002; the Ninth Circuit has already found liability, and the remaining issue is damages, which could be significant depending on the expert-driven calculation. Dolan was described as quieter, with briefing completed at the Court of Appeals and oral argument possible later this year or early next year. The committee also heard an actuarial update on the interim work plan, including planned informational briefings on month-of-death policy, a Plan 1 ad hoc COLA, and the OSA demographic experience study, which is still under external audit. Members asked whether updated fiscal notes had been prepared for two bills under study; staff said preliminary analysis had been done and full updates would come if the bills move forward. The committee then discussed how to handle the ad hoc COLA item and agreed to have staff draft a letter endorsing House Bill 1474 and any similar Senate bill for a one-year ad hoc COLA, to be brought back for full committee consideration in November. Staff reviewed the draft November and December work plan. The committee adopted the November agenda, which includes annual updates from the State Investment Board and Retirement Systems, the left one study closeout, and the ad hoc COLA action item. Members also discussed whether excess compensation and 2026 session prep should be handled by email rather than in a meeting, with general agreement to move the session prep to electronic communication and possibly handle excess compensation as an informational item, depending on availability. Constituent correspondence included several messages on climate change and Plan 1 COLAs, including support for the merger bill and COLAs in general. Jacob White of the LEOFF 2 Board reported that the board had only held an educational briefing on excess compensation and overtime, found the data limited, and took no further action. The meeting ended with thanks to staff and an adjournment vote.
CA
Transcript Highlights:
  • A pension is a financial safety net, providing stable income to public employees when they retire.
  • And so pensions are critically important to the welfare of our state.
  • Some people would argue you should fund the pension plan under this shorter period.
  • pension and payments to all the members.
  • Pension plan. I look forward to seeing the updated data in terms of what will be presented.
Summary: The Assembly Committee on Public Employment and Retirement and the Senate Committee on Labor, Public Employment, and Retirement held a joint hearing required by law to receive an independent report from the California Actuarial Advisory Panel on CalPERS. Opening remarks emphasized CalPERS’ role in providing retirement security for about two million members and the importance of pension funding to the state budget, especially amid economic uncertainty, market volatility, federal policy changes, and concerns about future fiscal pressure. Scott Tarando, CalPERS chief actuary and a CAP member, presented on the statutory disclosure requirements in Government Code Section 2029. He explained that CalPERS’ current discount rate is 6.8%, that lower investment returns increase contribution rates and unfunded liabilities, and that the plan uses a 20-year amortization period for new unfunded liabilities. He said CAP has recommended a reasonable amortization range of 15 to 20 years and that CalPERS’ longer smoothing period helps reduce volatility in employer contributions. He also explained the timing of actuarial data: the valuation used for current contribution rates is based on the prior fiscal year’s audited data, with the next year’s rates developed later in the annual cycle. Members asked about the relationship between average employee service life and amortization, whether current market and AI-related changes could justify using more current data, whether pension benefits change when valuations are updated, and how CalPERS’ funded status has changed over time. Tarando said retiree benefits do not change based on annual valuations, that the system’s funded status has improved from roughly the mid-60% range about a decade ago to around 80% or higher more recently, and that CalPERS is monitoring possible long-term workforce effects from AI but sees no immediate need to change assumptions. Michael Cohen of CalPERS said the system complies with information requests and is independently audited annually, but there has been no formal federal review released. In public comment, a representative of county governments praised the improved funded status and PEPRA reforms. The hearing concluded with remarks reaffirming fiduciary responsibility and the importance of protecting CalPERS beneficiaries.
MO

Missouri 2026 Regular Session

Special Committee on Property Tax Reform Jan 13th, 2026 at 12:00 pm

Special Committee on Property Tax Reform

Transcript Highlights:
  • All right, next up, anyone opposed to this piece of legislation?
  • But again, The note does talk about the blind pension fund.
  • So this legislation would impose a 15% cap on the ability to, So this legislation would impose a 15%
  • That is not this legislation.
  • I'm here to support the legislation today, and I think it's common sense legislation.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Civil Service and Pensions - 02/10/2026

Civil Service And Pensions

Transcript Highlights:
  • I chair the Civil Service and Pensions Committee, and along with my colleagues in both houses, meaning
  • Today is Tuesday, February 10th, 2026, and it's the second committee meeting of the 2026 legislative
  • And legislator Dehmurad is Melvo. Oh, it's me. I'm messing up your name, forgive me.
  • And legislator Dharakbira, oh boy. Welcome.
  • Standing Committee on Civil Service and Pensions. With that, I'd ask you, thank you for coming.
Summary: The State Senate Civil Service and Pensions Committee met on February 10, 2026, with a quorum present and several members attending in person or by voting sheet. Chair Robert Jackson opened the meeting, welcomed a new committee member and visiting members of the Uzbekistan parliament, and noted that the committee would consider 11 bills. The discussion was procedural and focused on moving each bill through committee. The committee advanced a series of civil service, retirement, and benefits measures, including bills on compensation for employees with foreign language skills, health insurance and dental coverage for state employees, mental health care access for emergency dispatchers and correction officers, and several retirement-related proposals affecting correction officers, sheriffs, Nassau County members, and service credit transfers. Jackson also advanced his own bills on health disease presumptions for certain law enforcement and correction titles, retirement benefits, accidental disability retirement for sheriffs, and eligibility for city police retirement based on prior traffic enforcement service. Each bill was moved, seconded, and approved unanimously, with reported votes of 7 ayes, 0 nays, and 0 abstentions/without recommendation. All 11 bills were ordered reported to the Finance Committee. The meeting concluded without further discussion or additional actions.
CA
Transcript Highlights:
  • And so pensions are critically important to the welfare of our state.
  • Some people would argue you should fund the pension plan over this shorter period.
  • Some people would argue you should fund the pension plan under this short of a period.
  • pension and payments to all the members.
  • California Public Employees' Retirement System, CalPERS, is not just a pension fund.
TX

Texas 89th Regular

89th Legislative Session Apr 1st, 2025

Texas House Floor Meeting

Transcript Highlights:
  • We're convening to discuss the legislative matters presented this morning.
  • They woke up bright and early to get a bus from Galveston to see their legislative process up close.
  • Tie the hands of legislators far, far into the future. That's correct, sir.
  • I'm so proud to support legislation that prevents wildfires from happening in the rural communities,
  • and I'm thankful to the Texas House that we realize how important it is that we pass legislation that
Bills: HJR4 , HJR6 , HB195 , HB 13 , HB143 , HB135
LA

Louisiana 2026 Regular Session

Finance May 11th, 2026

Finance

Transcript Highlights:
  • Alan Boxfiger for the Legislative Fiscal Office. Mr.
  • It is similar, quite frankly, to some of our other pension counterparts.
  • Other pension counterparts. I would tell you what we're different, Mr.
  • Thank you, Representative Wiley, for bringing this legislation.
  • The law requires the Joint Legislative Committee on the Budget...
Committee: Senate Finance
Summary: The Senate Finance Committee met with eight members present and deferred HB 127. It then considered a series of bills, most of which were reported favorably without opposition. HB 22 revised COLA rules for the clerks of court retirement system, allowing more frequent COLAs when the system is better funded; HB 324 made judicial stipends permanent and added future COLAs subject to available funding; HB 233 increased jury mileage reimbursement; HB 47 reorganized assessor retirement COLA statutes; HB 533 allowed St. Tammany Parish to transfer unused witness-fee account balances to the 22nd Judicial District Court; HB 980 adjusted eligibility for the Firemen’s Supplemental Pay Board; HCR 45 urged Congress to clarify ARPA deadlines for water projects; HB 559 increased court costs in the 4th Judicial District; HB 290 recreated the Department of Treasury and related entities in statute; and HB 382 addressed Joint Legislative Committee on the Budget review authority over Group Benefits plans. The committee also reported HB 1157 favorably, creating a financing bank mechanism for infrastructure projects, and HB 575 favorably, giving youth aging out of foster care preferred access to surplus state vehicles through the Louisiana Property Assistance Agency. Several measures drew more discussion. HB 1236, dealing with pharmacy benefit managers and professional dispensing fees, prompted extensive testimony from the sponsor, the Legislative Fiscal Office, the Department of Insurance, independent pharmacies, and PBM representatives. Supporters said it clarifies and strengthens enforcement of existing PBM law and protects independent pharmacies; opponents argued the bill’s requirement that PBMs bear dispensing-fee costs would be difficult to implement and could raise premiums. The sponsor said he would work on amendments, including clarifying language and a delayed effective date, and the bill was nevertheless moved favorably. SB 25, on registrar of voters compensation, was amended to a revised pay structure and then reported favorably. HB 47 and HB 533 were also presented as funding and administrative cleanups for retirement and court-related accounts, with local support noted. The committee also heard HB 233 on jury duty mileage reimbursement, which the sponsor said updates a 1961 rate and would be funded locally at an estimated average increase of about $4,000 per judicial district. HB 324 on judicial salaries was described as self-funded by the judiciary and subject to available funding, with no budget impact. HB 575 on foster youth transportation was presented as a non-appropriation measure aimed at helping youth aging out of foster care by giving them preferred access to surplus vehicles. HB 382, which concerns the Joint Legislative Committee on the Budget’s role in approving Group Benefits plans, was reported favorably with little discussion. The meeting ended after a motion to adjourn.
CA
Transcript Highlights:
  • A pension is a financial safety net by providing stable income to public employees when they retire.
  • And so pensions are critically important to the welfare of our state.
  • Some people would argue you should fund the pension plan under this shorter period.
  • Some people would argue you should fund the pension plan under this short of a period.
  • pension and payments to all the members.
Summary: The Assembly Committee on Public Employment and Retirement and the Senate Committee on Labor, Public Employment, and Retirement held a joint hearing required by law to receive an independent report from the California Actuarial Advisory Panel on CalPERS. Opening remarks emphasized CalPERS’ role in providing retirement security for roughly two million members and the importance of actuarial assumptions to state budgeting and long-term pension health. Scott Tarando, CalPERS chief actuary and a CAP member, presented the report with Michael Cohen of CalPERS’ investment office available for questions. Tarando explained the statutory disclosure requirements under Government Code Section 2029, including sensitivity analysis around CalPERS’ 6.8% discount rate, and discussed how investment return assumptions and the 20-year amortization period affect contribution rates, unfunded liabilities, and budget volatility. He said shorter amortization periods would raise near-term costs but reduce long-term interest costs, and noted that CalPERS’ current approach is intended to smooth contribution changes over time. He also described the timing of the annual valuation process, explaining that contribution rates for a given fiscal year are based on the most recently audited year-end data and are approved by the board before being used in the budget process. Members asked about the relationship between average employee service life and amortization, whether more current data could be used, the effect of AI and labor-market changes on future assumptions, whether retirees’ benefits change with annual valuations, and CalPERS’ funded status. Tarando said the average expected working lifetime is about 11 to 12 years, while CalPERS uses a 20-year amortization period; he also said retiree benefits are set at retirement and do not change based on later valuations. He estimated CalPERS’ funded status had risen from the mid-60% range about 10 years ago to around 79% at June 30 and above 80% more recently. Cohen said CalPERS had complied with federal information requests and that no formal federal review had been released. During public comment, a county association representative praised the improved funded status and PEPRA reforms. The chairs closed by reiterating fiduciary responsibility and the need to protect CalPERS’ long-term stability, and the meeting adjourned.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-04-23 - 1:00PM

Vermont Senate Floor Meeting

Transcript Highlights:
  • </c><00:07:49.440><c> costs</c><00:07:49.680><c> for</c> employer share of pension costs for employer
  • share of pension costs for their<00:07:50.080><c> employees.
  • So to the the visa's pension system.
  • We heard from the Joint Fiscal Office and also Legislative Council. The committee vote was 5-0.
  • We heard from the Joint Fiscal Office and also Legislative Council. The committee vote was 5-0.
CA
Transcript Highlights:
  • And so pensions are critically important to the welfare of our state.
  • Some people would argue you should fund the pension plan under this shorter period.
  • And the report that's being used to determine what our pension contributions are.
  • pension and payments to all the members.
  • California Public Employees' Retirement System, CalPERS, is not just a pension fund.
KY
Transcript Highlights:
  • You know, we look at a lot of information, a lot of data, as we analyze our pension systems and their
  • </c> discussing this in public pension discussing this in public pension oversight<00:05:11.120><c> board
  • During COVID, there was legislation passed and bumped that up to 10%, but that sunset last year.
  • So what this legislation would change, it would put that at 10% for critical shortage areas.
  • a couple years uh we passed legislation a couple years ago<00:14:06.160><c> that</c><00:14:06.320><c
Summary: The House State Government Committee met with a quorum and considered three bills. House Bill 73, as amended by committee substitute, added We Lead CS to the list of agencies participating in the Teachers’ Retirement System administrative provisions. The sponsor explained the bill corrects an oversight involving a computer science education service provider established in 2022. A question about fiscal impact was answered with no expected fiscal note or actuarial impact. The committee adopted the substitute and passed HB 73 19-0 with favorable expression. House Bill 441 addressed teacher shortages by expanding the number of retired teachers and critical-shortage-area teachers school districts may hire. The sponsor said districts could hire retired teachers up to 10% of staff and critical shortage area teachers up to 10%, replacing lower current limits and a temporary COVID-era provision that had expired. Members asked about work limits, salary rules, and how often shortage areas are identified; the sponsor said retired teachers remain subject to existing earnings limits, critical shortage teachers are paid at least a rank-two, 10-year salary, and shortage areas are identified annually by the Commissioner of Education. Supportive comments noted the bill was a stopgap and that long-term solutions should include recruitment, retention, and pay. The committee passed HB 441 19-0 with favorable expression. House Bill 462 would allow county clerks to correct marriage applications or licenses by affidavit, without requiring a lawsuit in circuit court, when there are obvious errors or omissions. The Kenton County clerk and another clerk testified that the change would help people who need corrected records for Social Security, Real ID, inheritance, and other legal purposes, while still preserving data needed by Vital Statistics. Members described the bill as a practical efficiency measure. The committee passed HB 462 19-0 with favorable expression, and the meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 02/11/25

Capital Investment

Transcript Highlights:
  • So there is a legislative report that goes into a lot more detail on those first three bullets.
  • </c><01:14:20.719><c> contribution</c> basis uh Stronger pension contribution basis uh Stronger pension
  • pensions liabilities pensions right<01:14:50.840><c> here's</c><01:14:51.040><c> the</c><01:14:51.159
  • And so you have pension liabilities, OPEB liabilities, debt liabilities, lease liabilities.
  • Kowalski, is it pensions in Illinois? That's my guess. I guess, yeah.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026 at 01:30 pm

Revenue and Taxation

Transcript Highlights:
  • Senate Bill 1985 creates the Strategic Pension Protection Act.
  • Keep in mind that this is strictly for pension systems only.
  • But this bill would simply only apply to the pension systems’ investments thereof.
  • Is that effectively what this legislation does? Thank you for that question.
  • You sooner or later, I believe this is good legislation in this sense.
CA

California 2025-2026 Regular Session

Assembly Floor Session Jan 26th, 2026

California House Floor Meeting

Transcript Highlights:
  • Persons disrupting legislative proceedings are subject to removal, arrest, or other appropriate legal
  • For legislative business: Assembly Member Celeste Rodriguez.
  • I would like to thank my colleague from Merced for joining as a co-author on this legislation.
  • We will benefit from this legislation when California needs it the most.
  • Click under pensions and then... Thank you. California.org.
Summary: The Assembly convened after a quorum call, offered a prayer and Pledge of Allegiance, and then spent much of the session on guest introductions recognizing visitors, community college delegations, students, caregivers, a retired Assembly staff member, and a championship high school football team. Members also observed an adjournment in memory for Alex Preddy, a VA nurse killed in Minnesota, and later for Kathy Wooten and Rowena Ramos. The chamber then moved through the daily file and third reading file, with several items passed, retained, or continued. Among the bills taken up, AB 34 on renewable portfolio standard exemptions for publicly owned utilities passed 55-0; AB 35 to accelerate implementation of Proposition 4 climate resilience funds passed 62-0; AB 52 on food and agriculture equity passed 50-6; AB 72 creating an EV economic opportunity zone passed 58-0; AB 96 removing a diploma requirement for Medi-Cal peer support specialists passed 55-0; AB 230 extending Pierce’s disease control programs passed 64-0; AB 277 requiring background checks for behavioral health employees passed 59-0; AB 647 clarifying a county RV disposal pilot passed 54-0; AB 664 authorizing limited bachelor’s programs at Southwestern Community College passed 60-1; AB 673 creating a support grant for unaccompanied homeless youth passed 55-1; AB 710 on dynamic electricity pricing passed 54-0; AB 748 streamlining pre-approved housing plans passed 65-0; AB 767 expanding protections around sexually violent predator placements near schools and daycares passed 65-0; AB 883 protecting officials’ personal information from data brokers passed 66-0; AB 946 expanding 30x30 conservation efforts to urban areas passed 65-0; AB 1054 creating a deferred retirement option program for CHP and Cal Fire passed 61-1; AB 1070 on missing middle housing code simplification passed 66-0; AB 1159 strengthening student data privacy passed 54-4; AB 1204 revising the Local Control Funding Formula passed 54-1; AB 1265 extending the historic building tax credit passed 64-0; AB 1349 banning speculative ticketing passed 61-0; AB 1359 allowing seniors 80+ to opt out of jury service without a doctor’s note passed 67-1; AB 643 on organic waste procurement credits passed 48-4; AB 685 creating a small business resiliency fund passed 63-0; AB 714 tightening oversight of commercial driving programs passed 65-1; and AB 805 establishing a youth apprenticeship bridge program passed 66-0. Several other items were passed and retained or continued without debate. Debate on AB 1054 drew the sharpest disagreement, with opponents warning about pension costs and supporters arguing it would help retain experienced CHP officers and firefighters. AB 767 also prompted strong comments about public safety and placement of sexually violent predators in rural communities. On AB 1349, supporters from both parties backed the anti-speculative ticketing bill as consumer protection, while AB 664 drew support from members emphasizing access to higher education in underserved regions. The Assembly then adjourned until January 29, 2026, after announcing upcoming session dates and recording a few vote changes from the dais.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 25th, 2026 at 01:12 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • So I'm just curious because we have seen in the past that we've had Legislators and legislatures that
  • frequently have done things to the pensions that ended up putting them below the funding.
  • It's part of the strategy to Not actually retire, but they retire, they start drawing a pension, and
  • We had legislation here.
  • Florida homeowners have faced governance abuses leading to recall legislation.
CA

California 2025-2026 Regular Session

Assembly Revenue and Taxation Committee Apr 13th, 2026

Revenue and Taxation

Transcript Highlights:
  • Please submit support and opposition letters through the legislative position letter portal.
  • Currently, taxing this overtime pay and retirement pensions is a penalty.
  • AB 2336 fixes this by exempting the first $25,000 of overtime and pension income.
  • AB 2186 honors that record by ensuring the legislative infrastructure catches up.
  • Jim Lindberg, Friends Committee on Legislation of California, in support. Thank you.
MN

Minnesota 2025-2026 Regular Session

Minnesota House passes the education finance bill, HF2433 5/16/25

Minnesota House Floor Meeting

Transcript Highlights:
  • </c> used and wanted to rethink legislatively used and wanted to rethink legislatively appointed<00:04
  • </c><00:20:10.880><c> and</c> one that we take here as legislators and one that we take here as legislators
  • And I've hit barrier after pensions.
  • And I think we've worked to pensions.
  • We would address pensions.
TX

Texas 89th Regular

89th Legislative Session Mar 31st, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Father, I don't know the best way to pray for this, but I do ask for humility for me and each of the legislators
  • This is referred to the Committee on Pensions, Investments, and Financial Services.
  • debt incurred by certain individuals as a result of identity theft, referred to the Committee on Pensions
  • the removal of certain eviction case information from credit reports, referred to the Committee on Pensions
  • right to own, hold, and use mutually agreed-upon mediums of exchange, referred to the Committee on Pensions
WA

Washington 2025-2026 Regular Session

House Appropriations Feb 7th, 2026

Transcript Highlights:
  • For the record, Representative Dolio of the 22nd Legislative District.
  • Hi, I'm Noah Purcell, a concerned resident in legislative district.
  • We think it's vitally important for Washington legislators to pass this legislation to protect consumers
  • And for context, that is the overall pension fund.
  • I don't understand how we're taking money from an overfunded pension, which was meant for pensioners,
Summary: The committee began with a public hearing on Substitute House Bill 1592, which would change how state public defense funds are distributed and, in the substitute version, keep current law on state funding responsibility while revising the allocation formula. Staff explained the bill would shift county and city distributions to a pro rata, caseload-based model, allow very low-density counties to request OPD to provide some or all public defense services, require additional data collection and reporting, and direct OPD to study caseload reductions and retention. Representative Peterson said the bill is meant to create a better structure for future state support of indigent defense without the very large cost of the original proposal. Testimony from counties, cities, OPD, defenders, and local officials was strongly supportive, emphasizing a statewide public defense crisis, rising local costs, staffing shortages, and the need for a fairer funding model. The committee then heard Substitute House Bill 1742 on environmentally sustainable urban design and Substitute House Bill 1906 on water system regulation and water rates. HB 1742 would create a center in Ecology to promote sustainable urban design, fund design competitions and grants, and establish an advisory council; the sponsor said the bill reflects a desire to support a pilot project through alternative funding, and there was no public testimony. HB 1906 would require more planning and notice for Group A water systems, add customer notice and right-of-first-refusal provisions for some ownership changes, and direct the UTC to consider external funding sources, capital planning, and rate smoothing when setting water rates. Water utility and PUD witnesses supported the goal of improving transparency and consolidation of failing small systems, while noting the substitute reduced some fiscal concerns. The committee also heard HB 2248 on Secretary of State corporate and charity filings, HB 2438 creating the SEED scholarship for early childhood education students, and HB 2515 addressing emerging large energy use facilities such as data centers. HB 2248 would redirect part of annual filing fees to the Secretary of State revolving fund, require initial reports from nonprofits and LLPs, and change trademark certificate procedures; the fiscal note showed modest revenue losses, and the division supported restoring the fee split for operational funding. HB 2438 would transfer $10 million annually from the GET account to fund scholarships and wraparound services for early childhood education degree seekers, with testimony from early learning advocates and a student describing workforce shortages and personal financial barriers. HB 2515 drew extensive testimony both for and against: supporters said it would protect ratepayers, water resources, and grid reliability by requiring tariffs, reporting, clean-energy requirements, and a fee on large energy users; opponents argued it singled out data centers, could hurt investment and jobs, and included unrelated labor and procurement provisions. After public testimony, the committee moved into executive-session briefing on several bills and amendments, including HB 1903 on statewide low-income energy assistance, HB 1909 on a court unification task force, HB 1982 on vacating certain convictions tied to treaty Indian rights, HB 2034 on LEOFF Plan 1 retirement changes, HB 2105 on employer notice of federal I-9 audits, HB 2210 on ranked-choice voting, HB 2215 on Climate Commitment Act fuel supplier obligations, and HB 2271 on post-consumer recycled content requirements. Staff summarized proposed substitutes and amendments, with several changes aimed at reducing or shifting fiscal impacts, narrowing agency duties, or striking provisions entirely.