Video & Transcript : 'federally insured securities' :

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WA

Washington 2025-2026 Regular Session

House Appropriations Feb 2nd, 2026

Transcript Highlights:
  • to nonprofit insurers.
  • One reason for this is because most nonprofit insurers are restricted by insurance commissioners from
  • insurers can.
  • insurers can.
  • Nonprofit insurers do not have access to the capital markets available to for-profit insurers.
Summary: The committee heard public testimony on House Bill 2073, which would require nonprofit health carriers with surplus above 600% of risk-based capital to pay 3% of the excess to support the Cascade Care Savings premium assistance program. Committee staff said the bill could generate about $80 million in FY 2027 based on 2024 surplus data, while carriers and business groups argued their reserves are needed to pay claims, manage risk, and avoid premium increases. Supporters said the bill would redirect consumer-funded surplus to help Washingtonians afford coverage, especially as federal subsidies expire. No action was taken on the bill during the hearing. The committee then heard House Bill 2132, which limits disclosure and retention of personally identifying and financial information in WASFA applications. Staff explained the bill would exempt WASFA records from public disclosure, restrict sharing to narrow purposes, and shorten retention periods, with significant fiscal impacts tied to purging records and updating data-sharing practices. Student and advocacy testimony strongly supported the bill as a privacy and safety measure for immigrant and mixed-status students. The committee also heard House Bill 2403, which lowers the penalty for failure to register as a sex offender and adds community custody and DOC supervision; public defense supported it as a cost-saving, consensus reform, and staff projected DOC savings. House Bill 2587 was also heard, creating a Commerce pilot to provide limited advance grant funding to eligible nonprofits; supporters said it would help smaller nonprofits manage reimbursement-based contracts, while staff estimated indeterminate but potentially significant administrative costs. The committee heard House Bill 2607, which would require DCYF to periodically rebase child care subsidy rate regions to better reflect local cost differences. Supporters from Benton and Franklin counties said current regional rates are outdated and unfairly low in fast-growing areas; staff said the fiscal impact was indeterminate. The committee then moved into possible executive session on several bills. Second Substitute House Bill 1170, dealing with generative AI disclosures and provenance tools, was amended and ultimately passed out of committee on an 18-9 vote after all proposed amendments were rejected. Substitute House Bill 1570 was amended to narrow its scope to Western Washington University and then passed out of committee on a 17-9 vote. The committee also began action on proposed Third Substitute House Bill 1710, which would create a state pre-clearance requirement under the Washington Voting Rights Act, but the transcript cuts off during consideration of amendments to that bill.
TX

Texas 89th Regular

89th Legislative Session Apr 28th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • use of artificial intelligence and a denial of insurance.
  • When you get a federal grant as a...
  • and personal automobile insurance and HB 4634.
  • the appointment of the State Insurance Commission as part of the Committee on Insurance.
  • And decreases, part of the Committee on Insurance.
Bills: HJR98 , HJR8 , HJR133 , HB23 , HB33 , HB144 , HB 109 , HB 103 , HB148 , HB3809 , HB1686 , HB2217 , HB2156 , HB220 , HB2421 , HB2363 , HB3773 , HB421 , HB2584 , HB2615 , HB2455 , HB3711 , HB2559 , HB3747 , HB2775 , HB2886 , HB3126 , HB3666 , HB3595 , HB3260 , HB3506 , HB1638 , HB3376 , HB3826 , HB3628 , HB1349 , HB3770 , HB1831 , HB1762 , HB2614 , HB3113 , HB267 , HB322 , HB431 , HB869 , HB 1203 , HB 1201 , HB 1244 , HB1875 , HB1950 , HB2152 , HB2290 , HB2341 , HB2436 , HB2809 , HB2856 , HB3012 , HB2954 , HCR56 , HCR102 , HB 107 , HB1587 , HB3684 , HB658 , HJR99 , HB1399 , HJR5 , HJR2 , HJR6 , HJR31 , HB1971 , SJR3 , HB1775 , HJR72 , HB502 , HB3109 , HJR98 , HJR8 , HJR133 , HB 118 , HB388 , HB 114 , HB205 , HB2789 , HB2791 , HB499 , HB2960 , HB3163 , HB3135 , HB2427 , HB1618 , HB1672 , HB1722 , HB1338 , HB787 , HB2618 , HB879 , HB 1126 , HB4134 , HB3513 , HB718 , HB1536 , HB1445 , HB1640 , HB1893 , HB1734 , HB3229 , HB3306 , HB 1276 , HB3272 , HB3276 , HB3516 , HB4145 , HB1585 , HB4810 , HB2989 , HB2558 , HB3014 , HB2742 , HB1695 , HB23 , HB33 , HB144 , HB 109 , HB 103 , HB148 , HB3809 , HB1686 , HB2217 , HB2156 , HB220 , HB2421 , HB2363 , HB3773 , HB421 , HB2584 , HB2615 , HB2455 , HB3711 , HB2559 , HB3747 , HB2775 , HB2886 , HB3126 , HB3666 , HB3595 , HB3260 , HB3506 , HB1638 , HB3376 , HB3826 , HB3628 , HB1349 , HB3770 , HB1831 , HB1762 , HB2614 , HB3113 , HB267 , HB322 , HB431 , HB869 , HB 1203 , HB 1201 , HB 1244 , HB1875 , HB1950 , HB2152 , HB2290 , HB2341 , HB2436 , HB2809 , HB2856 , HB3012 , HB2954 , HCR56 , HCR102
FL

Florida 2026 5th Special Session

Appropriations Mar 2nd, 2026

Transcript Highlights:
  • And in our conversations with, uh, the federal and, uh, the federal...
  • Security Protection Program.
  • So foreign ownership and national security risks are already governed at the federal level through the
  • So foreign ownership and national security risks are already governed at the federal level through the
  • state security against foreign adversaries whenever possible, and the federal government doesn't always
Summary: The Appropriations Committee considered a large agenda of bills and reported several measures favorably. Early action included SB 6, a settled claim bill involving the Department of Children and Families and a trust for Leila Estrada and Sapphire Williams, and CS/CS/SB 1266, which creates a cybersecurity experiential learning and clearance-readiness program through the Department of Commerce and Cyber Florida. The committee also approved SB 532 on clerks of court funding, allowing clerks to retain all excess Article V revenue rather than returning half to the state and clarifying foreclosure sale procedures. In addition, the committee passed CS/CS/SB 1602 and CS/CS/SB 1604 to create and fund a pilot housing program for veterans through the Florida Housing Finance Corporation, and CS/SB 1110 to expand Medicaid and private insurance coverage for medically necessary orthotics and prosthetics, including testimony from affected families and advocates. The committee also adopted an amendment and then favorably reported CS/CS/SB 1012 on inmate services, removing the bill’s medical-services compensation provisions while retaining changes to the inmate welfare trust fund and related facility uses. It also adopted a delete-all amendment and then favorably reported CS/CS/CS/SB 1614, which was narrowed to remove a provision allowing local governments to use excess fees to construct new buildings. The committee spent substantial time on CS/SB 17, a Medicaid oversight and transparency bill. The sponsor said the measure would create a joint legislative Medicaid oversight committee, authorize the Legislature to retain its own actuary, modernize Medicaid statutes, strengthen managed-care performance standards, and increase accountability for pharmacy benefit managers and related entities. After amendment, the committee adopted changes removing several PBM-related provisions while retaining the broader oversight framework. Testimony from supporters emphasized transparency, fraud prevention, and cost control, while a PBM trade association asked to continue working on affiliate-manufacturer, network, and payment issues. The bill was reported favorably. The most extensive discussion centered on CS/SB 1758, which proposes major changes to Medicaid and SNAP. The sponsor described five reforms: stronger fraud and overpayment recovery authority, a Medicaid work requirement for certain able-bodied adults, expanded behavioral-health services through Medicaid waivers, pharmacy-program changes to obtain rebates and reduce institutional costs, and SNAP/EBT reforms including photo IDs and work requirements. The committee adopted two amendments: one adding a transitional “glide path” for people who gain employment but risk losing Medicaid, and another exempting hospice patients with six months or less to live. Supporters argued the bill would reduce fraud, improve accountability, and encourage work, while opponents warned it would increase administrative burdens, push eligible people off coverage, and conflict with federal law or guidance. The bill remained under debate with extensive public testimony from advocates, providers, and affected families, and the transcript ends before final disposition on the measure.
FL

Florida 2026 Regular Session

Appropriations Committee on Transportation, Tourism, and Economic Development Jan 14th, 2026

Appropriations Committee on Transportation, Tourism, and Economic Development

Transcript Highlights:
  • We've also had a trend in federal funding where the federal fiscal year tends to be, not tends to, it
  • We're more and more not seeing those federal funds released to us every year from our federal partners
  • So this increase will cover that federal decrease, but we'll also make sure that when we start the federal
  • This project will ultimately secure $20 million in federal construction funding once complete.
  • A failure to invest in that $3 million would cause homeowners insurance policies for national flood insurance
Bills: S0048
Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development heard presentations on the Governor’s recommended budget for fiscal year 2026-27 and then considered one bill, CS/SB 48 on accessory dwelling units (ADUs). The Governor’s office outlined a $117.4 billion overall budget, with transportation and economic development receiving about $18 billion statewide and $601 million in general revenue. Agency heads then presented priorities for Commerce, Highway Safety and Motor Vehicles, Military Affairs, State, Transportation, Emergency Management, and the Florida State Guard, emphasizing workforce development, housing, tourism marketing, aviation and space infrastructure, law enforcement recruitment, emergency preparedness, and military readiness. In the Commerce presentation, Secretary Kelly highlighted funding for housing programs, the Hometown Heroes program, the Florida Job Growth Grant Fund, rural infrastructure and workforce grants, Reconnect and Florida WINS systems, law enforcement and firefighter recruitment bonuses, defense support, Visit Florida, Space Florida, and SelectFlorida. Senators asked about Visit Florida’s private match requirements and whether the agency fully leveraged prior appropriations; Visit Florida’s CEO said the match was met and exceeded, though it is difficult but important. The Highway Safety and Motor Vehicles presentation focused on trooper pay, pursuit vehicles, aviation assets, and enterprise data systems, with questions about immigration enforcement and body cameras. Military Affairs requested funding for readiness centers, training facilities, education and health benefits for Guardsmen, and maintenance of existing armories; members discussed Guard deployments, staffing levels, and a proposed firing range project. The Department of State requested funds for automated election audits, a conservation lab, and historic preservation, and defended its arts grant process and rule changes. Transportation’s budget emphasized a $14.3 billion work program, road and bridge maintenance, aviation and aerospace, safety initiatives, and seaport investments, while Emergency Management requested funding for preparedness, flood mitigation, WebEOC, grants management, and alert systems; senators also asked about the Alligator Alcatraz detention facility. For CS/SB 48, Senator Gates explained that the bill would require local governments to allow property owners to voluntarily create ADUs, while preserving local authority over setbacks, construction, and permitting. An amendment removed reusable tenant screening reports and clarified that conforming ADUs would be allowed by right without a separate hearing. The Florida Restaurant and Lodging Association supported the bill, saying ADUs could help provide long-term housing for service workers. After questions about local government and HOA authority, the committee adopted the amendment and then reported CS/SB 48 favorably by roll call vote.
FL

Florida 2025 Regular Session

January 15, 2025 - 03:30 PM

Transcript Highlights:
  • They essentially license all insurance agents and insurance agencies.
  • are securing the proper amount of insurance coverage for their employees.
  • They also investigate crimes associated with insurance fraud or insurer fraud and any insurance agent
  • They also investigate crimes associated with insurance fraud or insurer fraud and any insurance agent
  • Next up is Michael Yaroski, our Insurance Commissioner of the Office of Insurance Regulation.
Summary: The State Administration Budget Subcommittee met for an introductory overview of the agencies under its jurisdiction and their current-year budgets. Chair Vicki Lopez welcomed members and staff, and each member briefly introduced themselves and identified areas of interest, with recurring themes including fiscal restraint, insurance regulation, revenue administration, condominium issues, and government efficiency. The chair then outlined the subcommittee’s overall budget, about $3.1 billion, and noted major recent policy areas affecting the budget such as condominium legislation and emergency communications funding. Agency heads then presented high-level summaries of their missions and budgets. The Department of Revenue described property tax oversight, tax administration, and child support enforcement; the Department of Management Services reviewed state purchasing, telecommunications, fleet, state insurance, retirement, and digital services; DBPR highlighted licensing, enforcement, condominiums, and building code work; DFS covered insurance consumer services, risk management, unclaimed property, fire marshal functions, and criminal investigations; the Gaming Control Commission discussed pari-mutuel and tribal gaming oversight and enforcement; OIR explained insurer solvency and rate review; the Lottery emphasized education funding and record sales; OFR described regulation of banking, securities, lending, and money services; DOAH outlined administrative and workers’ compensation adjudication; PSC covered utility rate regulation and consumer complaints; PERC described labor relations and career service appeals; and FCHR summarized discrimination complaint investigations and outreach. Several members asked questions about utility returns, insurance regulation staffing, DMS’s state employee health plan deficit and prescription drug formulary management, agency recommendations for reducing regulatory burden, and state facilities usage. Responses generally emphasized that utility rates and insurer filings are determined through evidentiary and actuarial processes, that OIR has reduced vacancies but still seeks specialized staff and a Tampa office expansion, and that DMS acknowledged rising health plan costs and said the issue likely requires broader budget-level discussion. The chair also pressed multiple presenters to stay focused on agency operations and budgets rather than broader policy issues. No votes or formal actions were taken in the meeting.
CA

California 2025-2026 Regular Session

Assembly Floor Session May 22nd, 2026

California House Floor Meeting

Transcript Highlights:
  • While current law also allows the option of Social Security,...
  • authority to enforce federal election law.
  • These are federal laws that the U.S.
  • It puts us on a collision course with federal authorities.
  • And he and his allies and leaders in the Department of Homeland Security are declaring that federal agents
Keywords: 988, house, all
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 6th, 2026

Transcript Highlights:
  • And then more broadly, certain federal agencies, HIPAA-covered entities, banking, and insurance entities
  • A grant is contingent on the property owner securing required permits and a designation under Insurance
  • A grant is contingent on the property owner securing required permits and a designation under Insurance
  • insurer loss exposure, improving the health and insurance market in the state.
  • under federal law.
Summary: The Ways and Means Committee met on February 6, 2026, and first voted to suspend the five-day notice rule for all bills on the agenda. Senators Braun and Gildon objected, arguing the bill needed more public review and that the fiscal note had only just been released, but a roll call vote passed 15-9 and the committee proceeded to Senate Bill 6346. Staff briefed SB 6346 as a proposal to create a 9.9% income tax on Washington taxable income above a $1 million per-household standard deduction, with a $50,000 charitable deduction, apportionment rules for nonresidents and certain professions, quarterly estimated payments, and credits for capital gains tax and certain business taxes. Staff said the tax would begin in 2029 and eventually raise about $3.5 billion annually from roughly 30,000 taxpayers. The bill also would expand the Working Families Tax Credit, create a sales tax exemption for grooming and hygiene products, increase the small business B&O tax credit and filing threshold, and end the B&O surcharge on high-grossing businesses one year early. Members questioned the bill’s constitutionality, its exemption from referendum, treatment of student athletes, natural-resource industries, and whether real estate gains would be captured. Public testimony was sharply divided. Supporters, including labor groups, educators, health care advocates, counties, child care workers, and some business owners and high-income individuals, said the bill would make the tax code more progressive and provide stable funding for health care, education, child care, public defense, and other services, while expanding the Working Families Tax Credit. Opponents, including many small business, construction, housing, and taxpayer advocates, argued the measure would function as a tax on pass-through businesses and retained earnings, harm housing production and investment, encourage wealthy residents and businesses to leave the state, and violate the state constitution or the will of voters. No final action on SB 6346 was taken during the hearing.
WA

Washington 2025-2026 Regular Session

Senate Transportation Feb 3rd, 2026

Transcript Highlights:
  • They look up the Social Security number, and Joe Smith shows up.
  • company as part of an insurance settlement.
  • So, in way of background... ...vehicle as part of an insurance settlement.
  • So it couldn't be amended to do that because it doesn't deal with insurance.
  • And you'll notice also that some insurance companies have signed in pro as well.
Summary: The Senate Transportation Committee held public hearings on several measures. ESHB 1980 would allow private employer shuttle services to use certain BAT lanes in King County under a two-year pilot, with local authority and transit-agency approval, performance standards, fee-for-use requirements, labor input, annual reporting, and a 10-year sunset. Supporters from Bellevue, transit employers, and business groups said it would improve commute options, reduce congestion, and support the upcoming RapidRide K Line; staff noted the bill differs from prior versions by adding the pilot, labor representation, vehicle markings, and reporting. The committee then heard SB 6252, which would extend the transit support grant program’s zero-fare requirement to degree- and certificate-seeking community and technical college students. Supporters said it would improve access to education and transit, especially for older and rural students, while transit groups raised concerns about fare revenue losses and implementation costs; staff estimated no state cost but significant local revenue impacts. The committee also heard SB 6081, a privacy bill that would restrict public disclosure of sex designation change records in Department of Licensing and Department of Health records, limit sharing with other jurisdictions, and keep updated credentials from showing that a change occurred. The sponsor and many supporters framed it as a safety measure for transgender Washingtonians, while opponents argued it would undermine accurate records; staff said the Department of Licensing would face about $1 million in implementation costs over four years, with other agencies expecting minimal impacts. Finally, SB 6265 would allow electronic, non-notarized signatures and printed copies for documents transferring a totaled salvage vehicle to an insurer; the sponsor and salvage-industry witnesses said it would modernize the process and reduce hardship, and staff reported no fiscal impact. No votes or executive actions were taken; the committee closed each public hearing and adjourned after a reminder about amendment deadlines for upcoming executive session bills.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Feb 10th, 2026 at 04:43 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • Our private insurance companies are going to be asked to do it.
  • And BRO with OSI is here again, Director of Health and Life Insurance.
  • a secure cloud.
  • Because no other state has the ability to go work inside a lab and a secure space in a secure lab.
  • Are we talking about matching federal funds?
Bills: SB20 , SB21 , SB166 , SB177 , SB181 , SB189 , SM6
MN

Minnesota 2025-2026 Regular Session

House Public Safety Finance and Policy Committee 3/12/25 - Part 1

Public Safety Finance and Policy

Transcript Highlights:
  • Thank you. complicated second we note that Federal complicated second we note that Federal immigration
  • </c> every other Federal every other Federal partner<00:46:01.839><c> absent</c><00:46:02.319><c> this
  • </c> musico I've worked in the security musico I've worked in the security industry<00:51:23.880><c>
  • </c><00:58:39.880><c> immigration</c> work uh and federal immigration work uh and federal immigration
  • <01:14:19.960><c> immigration</c> federal immigration federal immigration bureaucracy<01:14:22.760><c
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/27/25

Commerce Finance and Policy

Transcript Highlights:
  • Insurance health insurance mandates and Insurance health insurance mandates and we've<00:01:04.000><c
  • bears the health insurance risk.
  • under federal rules.
  • under federal rules.
  • under federal rules.
Keywords: 1183, house
WA

Washington 2025-2026 Regular Session

Senate Transportation Feb 3rd, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • They look up the Social Security number, and Joe Smith shows up.
  • In my community, Kent Des Moines, Star Lake, and Federal Way were three big ones.
  • company as part of an insurance settlement.
  • Brian Moore, committee staff: Vehicle as part of an insurance settlement.
  • So it couldn't be amended to do that because it doesn't deal with insurance.
Bills: SB6252 , SB6265 , SB6081
CA
Transcript Highlights:
  • However, if they secure employment, the chance of reoffending drops significantly.
  • This bill mirrors a provision in federal law, something that California should take the lead in.
  • Dispute, mere a provision in federal law, something that California should take the lead in.
  • Status households are excluded from the full federal child tax credit.
  • resolved in the insurance market, not by taxpayers.
Summary: The Assembly Committee on Revenue and Taxation convened with a quorum, reviewed housekeeping rules for testimony and position letters, and reminded the public that bills with revenue impacts over $150,000 would be sent to the suspense file rather than voted on immediately. The chair noted that no bills on the agenda would be eligible for a vote that day because they would automatically be referred to suspense. The committee then heard several tax-related measures, with testimony generally split between bill authors/supporters emphasizing affordability, public safety, or conservation, and opponents arguing the proposals were inefficient tax expenditures better handled through existing programs or direct budget funding. AB 1565 proposed a $5,000 tax credit for small businesses that hire formerly incarcerated people within a year of release and keep them employed for at least six months. Supporters said the bill would reduce recidivism, help small businesses manage hiring risk, and save the state money by avoiding incarceration costs; one witness described personal experience overcoming a felony record. The California Tax Reform Association opposed the measure, arguing employment tax credits are ineffective and that existing programs are more targeted. Members from both parties expressed support, but the bill was referred to suspense. The committee also heard AB 1596, which would create a five-year sales tax holiday for infant car seats; AB 1668, which would extend a welfare tax exemption for land trust-held open space; AB 1690, which would expand the Young Child Tax Credit to families with older children; AB 1698, which would create a tax credit for small restaurants that comply with food handler certification requirements; and AB 1620, which would allow a deduction for homeowners’ insurance premiums on primary residences. Supporters framed these bills as relief for families, small businesses, and land conservation efforts, while opponents repeatedly argued the tax code should not be used to subsidize these costs and that existing programs or market solutions were preferable. Each bill was ultimately referred to the suspense file, and the committee adjourned after completing the agenda.
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Jun 17th, 2026

Transcript Highlights:
  • Paul Ramey with the Personal Insurance Federation.
  • I’m Allison 80 here on behalf of the Personal Insurance Federation of California.
  • insurance with more than one insurance company—independent agents.
  • insurance with more than one insurance company—independent agents.
  • of insurance.
Summary: The Assembly Insurance Committee heard several bills, with most of the discussion focused on insurance transparency, claims handling, privacy, and regulatory enforcement. SB 877 and SB 878 by Senator Pérez addressed post-disaster claims practices: SB 877 would require insurers to disclose original and revised loss estimates and related claim materials to policyholders, while SB 878 would add automatic interest penalties for delayed claim decisions or payments and require written identification of disputed items. Fire survivors, consumer groups, AARP, the Department of Insurance, and other advocates supported both bills, while insurer groups moved to neutral after amendments. Both bills were voted out on roll call and reported to the Committee on Appropriations. The committee also considered SB 1054 by Senator Cabaldon, which would expand data sharing and reporting to improve workforce program evaluation and help counties verify work requirements for Medi-Cal and CalFresh using employer-reported hours worked. County officials, workforce advocates, and the Department of Insurance supported the measure, and no opposition was heard. The bill passed on a due-pass-as-amended motion to the Committee on Labor and Employment. SB 1209 by Senator Allen, presented with Insurance Commissioner Ricardo Lara, would give the commissioner stronger enforcement tools to require insurers to carry out corrective actions identified in market conduct examinations, including fines and hearings for noncompliance. The commissioner and author said the bill would close an enforcement gap and improve accountability; there was no opposition testimony, but the bill was left on call after the roll. The committee also heard SB 354 on insurance privacy, presented by Senator Padilla on behalf of Pro Tem Limón, which would modernize insurance privacy rules by expanding consumer rights over personal data, limiting sale and use of sensitive information, and increasing disclosure requirements. Supporters said the bill updates outdated 1980s-era rules, while insurers, agents, and business groups raised concerns about scope, compliance burdens, and small-business impacts. Members indicated the bill was still being negotiated and would return in a revised form in the Privacy Committee.
TX

Texas 89th Regular

89th Legislative Session Apr 10th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Federal Credit Union.
  • For the federal government in fiscal year 24, the federal government had four $4.9 trillion in revenues
  • The federal government, on the other hand, has three million federal employees.
  • Do you support the border security?
  • monitor the federal... the Federal Air Quality Act, the Clean Air Act.
Bills: SB1 , HB500 , SB1 , HB1400 , HB 1094 , HB365 , HB 1109 , HB647 , HB500
CA
Transcript Highlights:
  • landscape, and secure federal approvability of these financing streams.
  • landscape and secure sort of federal approvability of these financing streams, and also take a step
  • benefits, especially employer-sponsored health insurance. secure fair wages and essential benefits,
  • down federal funding.
  • down federal funding.
Summary: The subcommittee heard a lengthy Department of Health Care Services presentation on the governor’s Medi-Cal budget, including a $229.1 billion total-funds proposal, projected Medi-Cal enrollment declines as redeterminations continue, and several major cost drivers such as managed care growth, Medicare-related costs, pharmacy spending, and changes tied to federal policy. Members focused heavily on the elimination of Prop. 56 dental supplemental payments beginning July 1, 2026, questioning the likely impact on provider participation and utilization. DHCS said it is completing the required rate reduction/access analysis for CMS, has been holding stakeholder meetings and issuing provider bulletins, but could not yet quantify the real-world effect. The committee also discussed a $50 million savings proposal tied to new hospice utilization management authority and asked about possible effects on emergency dental care and provider participation. The hearing then moved through the November 2025 family health estimate and several county and program administration issues, including CCS, GHPP, and Every Woman Counts. DHCS said family health costs are rising despite slight caseload declines because of higher utilization and medical costs, and members raised concerns about CCS website accessibility, county administrative funding, and the transition of youth aging out of CCS. The department said most CCS beneficiaries are also on Medi-Cal, that counties have long raised funding concerns, and that it had clarified use of maintenance-and-operations dollars to address some county workload issues. Members also asked about Every Woman Counts potentially seeing higher demand as Medi-Cal changes take effect; DHCS said that is possible and that the program has multiple funding sources including General Fund. A major portion of the hearing focused on provider taxes and federal changes under H.R. 1, especially the Medi-Cal managed care organization tax and the hospital quality assurance fee. DHCS explained that H.R. 1 restricts new or increased health care-related taxes, phases down allowable tax levels over time, and tightens “generally redistributive” rules, which could sharply reduce the state’s ability to use the MCO tax for Medi-Cal financing. Members asked whether the Legislature could amend Prop. 35 or whether voters would need to act; DHCS said a three-fourths legislative amendment may be possible if it aligns with the measure’s purpose, but the department is still evaluating options. The committee also discussed hospital financing, with DHCS describing recent increases in state-directed payments and the effect of H.R. 1 in capping those payments at Medicare levels, and the LAO noting the tradeoff between preserving provider taxes and maintaining Medi-Cal funding. The subcommittee also reviewed a series of DHCS budget change proposals and trailer bill items, including managed care final-rule implementation, managed care operations, a hospital value strategy, a one-year extension of skilled nursing facility financing, long-term care payment transparency, and interoperability/prior authorization requirements. Members repeatedly questioned the use of limited-term versus permanent positions, the overlap among proposals, and the timing of new financing reforms. DHCS said the SNF extension would preserve current workforce standards, sanctions, growth limits, and the SNF quality assurance fee while the department develops a broader 2027-28 redesign. No votes were taken; items were repeatedly held open for later action. Covered California then presented on the expiration of the federal enhanced premium tax credit and the resulting affordability crisis. The agency said Californians will lose about $2.5 billion in premium assistance for 2026, average premiums could nearly double for many enrollees, and as many as 400,000 people could eventually leave marketplace coverage. Open enrollment ended with 1.9 million sign-ups, down 3% from the prior year, with especially steep declines among middle-income consumers and increased movement into bronze plans. Covered California said the state’s $190 million affordability subsidy is helping lower-income enrollees retain coverage, but cannot fully replace the lost federal assistance. Members also asked about the Health Care Affordability Reserve Fund, repayment of loans from that fund, the status of federal review of California’s essential health benefits benchmark, and implementation of the new gender-affirming care benefit under AB 144.
ND
Transcript Highlights:
  • Federal requirements state that salaries charged to federal awards must be based on actual records of
  • and non-federal projects.
  • Do federal funds calculate at all into the handling of school debt? Federal funds?” “Mr.
  • insurance paying?
  • insurance paying?
Summary: The committee was called to order, the Pledge of Allegiance and prayer were offered, and the minutes from the previous meeting were approved. Members then received a memo summarizing major audit items and began hearing audit presentations from the State Auditor’s Office and private auditors on a range of state agencies and organizations. Several audits were reported as clean, including the Bank of North Dakota, the North Dakota Guaranteed Student Loan Program, the Office of the Governor, the Office of the State Treasurer, the Office of Management and Budget, the Department of Transportation’s flexible transportation fund, Lake Region State College, and the Department of Environmental Quality. The North Dakota Stockmen’s Association also received an unmodified opinion, though repeat findings were noted for limited segregation of duties and financial statement preparation due to its small staff. The Council on the Arts audit found two findings: payroll charged to federal awards without adequate timekeeping records, and unallowable expenditures from a restricted cultural endowment fund. The Department of Public Instruction audit identified unsupported scholarship applications in the paraprofessional-to-teacher program, though additional testing showed the funds were used for their intended purpose. The most extensive discussion centered on the North Dakota Racing Commission audit, which identified four findings: overspending the promotion fund’s 25% operating limit, grant conditions not being met, improper Breeders Fund awards, and improper procurement for advertising services. Racing Commission director Bruce Johnson acknowledged complacency and weak controls, said the agency would tighten procedures, and explained that the commission had since worked with procurement and would follow the rules more closely. Auditors also explained that the commission would now be audited every two years because of the findings. Another major discussion involved the University of North Dakota School of Law, where auditors found a lack of documentation supporting admissions decisions for post-baccalaureate programs. UND officials said they remain in good standing with the American Bar Association but agreed better documentation and tools are needed; the committee pressed for more transparency and follow-up on admissions criteria. The committee also received an update on Dakota College at Bottineau, where Minot State University reported that bank reconciliations had been brought current after a significant backlog and would now be maintained through shared services. Members requested a written follow-up report on the issues and corrective actions. Finally, the North Dakota Fair Association explained that its foundation has been dissolved and remaining funds were transferred to another nonprofit for continued support of the state fair, and the Department of Public Instruction provided an update on school meal debt, saying the reported amount was about $1.1 million from a partial district survey and that debt remains a local issue, though it could be revisited if school meal funding changes.
ID

Idaho 2026 Regular Session

Agenda Feb 26th, 2026

Health and Welfare

Transcript Highlights:
  • And I think the Department of Insurance has done quite a bit of work on this.
  • And there's been a lot of collaboration with our federal partners.
  • Private health insurance often does not pay for them either.
  • That's what the Social Security Act directs us to do.
  • The federal government says you must pay for services that ameliorate or improve.
Keywords: 989, all
LA

Louisiana 2026 Regular Session

House of Representatives Apr 16th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Reported from the Committee on Insurance with amendments.
  • House Bill 1151 by Representative Bayham, investment of domestic insurers, solvency, life insurers, and
  • other than life insurers.
  • Insurance reports favorably. Passes third reading.
  • Insurance reports favorably.
MN

Minnesota 2025-2026 Regular Session

House Public Safety Finance and Policy Committee 4/8/25

Public Safety Finance and Policy

Transcript Highlights:
  • Moving to uh the department insurance.
  • </c> also have concerns about how federal also have concerns about how federal funding<00:21:40.960><
  • </c><00:21:50.000><c> all</c><00:21:50.240><c> receive</c><00:21:50.640><c> federal</c> Homeland Security
  • all receive federal Homeland Security all receive federal funding,<00:21:51.840><c> and</c><00:21:52.080
  • ,</c> to establish economic security, to establish economic security, independence,<00:32:09.679><c>
Keywords: 1183, house