Bills: HB145, HB279, HB292, SB35, HJM1, HM7, HM4, HM22, HM23, HM24, HM26, HM32, HM51, HM1, HM39, HM29, HM43, HM30, HM52, HM64, HM65, HM66, HM11, HM14, HM21, HM34, HM50, HM17, HM46, HM13, HM20, HM54, HM31, HM35, HM36, HM59, HM2, HM16, HM47, HM53

Keywords: high-wage jobs, tax credit, job creation, New Mexico, economic development, healthcare privacy, electronic medical records, reproductive health, gender-affirming care, data protection, location tracking, confidentiality, sexual abuse, prison safety, correctional facilities, inmate rights, investigation procedures, judgeship, judiciary, court system

Transcript Highlights:

• actuaries actuaries phase<00:13:52.079> in<00:13:52.399> the<00:13:52.639> investment
• So, what an actuary does is to do a really long-term budget, right?
• What an actuary does is to do a really long-term budget, right?
• But that hadn't been actuarial calculated over the years. that rate.
• Um, but what that did was to bill employers for the additional actuarial cost.

Keywords: Meeting Start: 00:00 Attendance Roll Call: 01:02 Approval of Minutes: 02:03 Annual Investment Review: 04:10 Adjournment: 37:34, 958, all

Summary: The committee met with a quorum, approved the prior meeting minutes, welcomed new staff member Sean Parks, and announced that it would not meet in November. The next meeting was scheduled for December 8 at 10:00 a.m., with the chair noting that pension bills would be heard then and emphasizing that all pension bills must go through the full process and include actuarial analysis. Brad Gross of the Public Pension Oversight Board presented a detailed review of Kentucky retirement systems’ investments and funding. He said fiscal year 2025 ended with about $50.5 billion in pension assets and $12.52 billion in retiree health assets, both up from the prior year. He reported strong investment performance across the systems, with all Kentucky public pension funds exceeding their policy benchmarks and the median peer return of 10.4%. He also discussed long-term return trends, asset allocation differences among the systems, fee levels, and cash flow, noting that cash flow remains a key monitoring issue and that supplemental appropriations have improved the cash position of some funds, especially the Kentucky State Police and TRS systems. Gross also explained that assumed rates of return have generally fallen over time, which increases unfunded liabilities and required contributions, and said the systems’ current assumptions range from 5.25% to 7.1%. He noted that the committee’s materials included peer comparisons and historical charts, and that all asset classes were within target ranges. In response to a question from Senator Funky From, Gross was asked about pension spiking and whether supplemental general fund contributions could create a false sense of security in cash flow analysis; the question was raised but not resolved in the portion of the transcript provided.

Transcript Highlights:

• There's also an actuarial component to that, so each team has an actuarial staff that works with the
• There's also an actuarial component to that, so each team has an actuarial staff that works with the
• <00:52:46.119> Actuarial has an Actuarial staff uh that Actuarial has an Actuarial staff uh
• thinking about bringing forward no study thinking about bringing forward no study per<01:18:44.239
• financial statements and Actuarial financial statements and Actuarial reports<04:30:03.600> on

Keywords: 928, house, all

Summary: The meeting began with introductory remarks for new and returning members of the House Commerce Committee, led by Chairman John Hunt. Members briefly introduced themselves and their backgrounds, and several noted the committee’s bipartisan, collegial tone. Hunt explained the committee’s structure and traditions, including the division into three subcommittees: banking and business, consumer protection, and liquor commission matters, with insurance now handled as a single area. He also reviewed basic hearing procedures, including decorum, questions for information only, and the committee’s practice of moving bills through subcommittees before full committee executive sessions. The committee then heard an overview from the New Hampshire Insurance Department, led by Commissioner DJ Bettencourt and staff. The department described its mission as promoting a safe and competitive insurance marketplace and emphasized consumer protection, market competition, and affordability. Officials outlined the department’s responsibilities, including licensing insurers, producers, adjusters, and TPAs; reviewing insurance forms; regulating companies and market conduct; overseeing financial solvency; and investigating insurance fraud. They also noted that the department is self-funded through assessments on insurers, collects premium taxes and fees for the state, and returned more than $2.7 million to companies in fiscal year 2024 due to underspending. The presentation also covered the broader regulatory framework for insurance, including the role of the National Association of Insurance Commissioners in promoting uniform standards across states and territories. Officials said New Hampshire licenses about 1,200 insurance companies and roughly 245,000 producers and adjusters, and that the department’s financial examinations are part of an accreditation system used nationwide. No votes or formal committee actions were taken in the portion provided; the session was primarily organizational and informational, with the insurance department presentation beginning the committee’s substantive work for the term.

Transcript Highlights:

• So it was amended into a study and then somewhat— Thank you.
• The subject of the study is important: maternal health care services.
• So again, very important study.
• You know, if there's interest in revisiting the core issue, important study.
• Right now, the people you're frustrated with will do the study. It doesn't make sense.

Keywords: 908, all

Summary: The Senate convened with prayer, pledge, roll call, and a quorum present, then approved a motion to lay over House Bill 1525 for one legislative day. It also voted not to concur with House amendments on Senate Bills 2294, 2297, 2070, 4017, and 2262, appointing conference committees for each. The chamber then took up a series of House bill amendments and final-passage votes. On amendments, the Senate adopted changes to House Bill 1229 on fleeing law enforcement and driving-record transparency after debate over insurance impacts and public safety; House Bill 1510 on teacher retention, on-site child care, and licensure study language; House Bill 1160 to restrict student personal electronic devices during instructional time; House Bill 1429 to address drone harassment and stalking of animals; House Bill 1203 to harmonize medical marijuana provisions; House Bill 1600 to create a UND immigration clinic with reporting requirements; House Bill 1130 to broaden K-12 funding formula changes and reduce state fiscal impact; House Bill 1279 to modify the coal conversion tax exemption; House Bill 1442 to adjust membership and scope of a state task force; and House Bill 1464 to convert a maternal care services proposal into a study and remove the appropriation. The Senate rejected an amendment to House Bill 1022 concerning the Retirement and Investment Office bonus program, then passed the bill. It also passed House Bill 1234 on a $90 million transfer to reduce PERS liability, while rejecting a floor amendment to it. On final passage, the Senate passed House Bills 1008 (Public Service Commission budget), 1218 (temporary moratorium and study on economic analysis for drain projects), 1234 (PERS funding transfer), 1146 (PERS defined contribution cleanup and emergency clause), 1355 (expanded notice for administrative rulemaking), 1470 (Game and Fish fee changes and guide/outfitter updates), 1029 (Capital Grounds Planning Commission duties), 1017 (Game and Fish budget), 1374 (township supervisor open-meeting exemption for on-site inspections), and 1064 (NC-SARA membership and distance education regulation). It defeated House Bill 1583 on false political advertisements with civil-action language and House Bill 1393 on earned wage access provider regulation. The transcript ends as the Senate begins consideration of House Bill 1326 on self-defense and unlawful firearm possession by felons.

Transcript Highlights:

• the rates are supposed to be actuarially the rates are supposed to be actuarially sound,<00:43:29.560
• } actuarially sound, {quote} {unquote} actuarially sound.<00:43:32.000> So,<00:43:32.160> the
• That didn't pass, but instead we turned that into a study implementation.
• There was a plan that was due on that study on the 15th of this year. In 2024, we augmented that.
• That didn't pass, but instead we turned that into a study implementation.

Keywords: 919, house, all

Summary: The committee first took up House File 3939, a bill to support a Helping Paws service-dog litter named in honor of Gilbert and the Hortman family. Testimony from Helping Paws and service-dog graduate Angie Foley described the organization’s work, the significance of the “Guided by Gilbert” litter, and how the funding would help train dogs that provide independence and support to people with disabilities, veterans, and others. Members from both parties spoke warmly about Speaker Hortman’s connection to the organization and Gilbert, and the bill was laid over for possible inclusion. The committee then considered House File 3769, the Department of Corrections’ technical omnibus bill, with an A1 amendment adopted to clarify tuberculosis testing language. The bill updates TB screening procedures in correctional facilities, including how refusals are handled, and adds Quantiferon Gold Plus testing as an option alongside existing methods. Members discussed whether the bill would create costs for counties and jails, with some noting added testing and segregation costs and others arguing the changes would improve accuracy and reduce time in restrictive housing. The bill, as amended, was recommended to the general register. House File 3978 was next, a technical cleanup bill for a provider wellness program created last year. The bill expands eligibility and confidentiality protections from physicians to all health care providers, while supporters said the program is meant to address burnout and mental health strain in the workforce and does not require new money. Some members questioned whether the change was redundant or would broaden the program without additional funding, but the Minnesota Medical Association testified that the program is separate from insurance and was intended to serve all providers. The bill was recommended to the general register. Finally, the committee began House File 3476, which Rep. Liebling described as a cleanup bill related to Minnesota’s Medicaid managed care system and public program oversight. She argued that the state spends billions through managed care organizations and that the system has never been proven better than direct payment, setting up a broader discussion of the bill’s purpose and the state’s oversight of public health care spending.

Transcript Highlights:

• PERS has our actuary price what the cost...
• PERS has our actuary, price what the cost. the PERS pilot.
• PERS has our actuary price what the cost is going to be for PERS, and that's what's used in the fiscal
• For our purposes, we rely on our actuaries, technical and cost analysis, because they have our plan data
• Information, but since they're not our actuary, I'm never really able to answer. So I don't.

Keywords: 908, all

Summary: The conference committee on HB 1248 met to review differences between the House and Senate versions of the bill, which concerns the PERS pilot program and insurance mandate process. Rebecca Frickie, executive director of PERS, explained that the Senate version removed the House provisions repealing the insurance mandate process, kept the two-year PERS pilot intact, and preserved the requirement for a report at the end of the pilot while removing language that would have required PERS to submit a bill to expand coverage to the commercial market. Members discussed the bill’s cost-benefit analysis requirements. Frickie said the current law triggers a cost-benefit analysis at the start of the pilot and again when a bill is introduced to roll coverage out commercially, but the Senate draft would change that to only one analysis at the end of the pilot if a rollout bill is introduced. Legislative Council indicated that if the committee wants that simplified approach, additional conforming changes are needed elsewhere in the code. Senators also asked about the purpose of the initial analysis and whether it is used beyond being attached to the bill packet; Frickie said PERS relies primarily on its own actuary and was not aware of broader use. The committee discussed whether the revised process would still require legislative sponsorship for any future rollout, and Frickie confirmed that a legislator or other sponsor would need to introduce such a bill. Examples mentioned included insulin caps and breast exams as possible future pilot items. The committee agreed to request Legislative Council draft the needed language changes and planned to reconvene after receiving the updated draft; no final vote was taken and the meeting was adjourned.

Transcript Highlights:

• The actuarially determined funding model pays off the legacy liability of $327 million, along with an
• The Pension Review Board actuarial analysis and the LBB fiscal note are based on the introduced version
• The Pension Review Board actuarial analysis and the LBB fiscal note are based on the introduced version
• This assures actuarial soundness, and what it does is it respects and it honors the work and the public
• This assures actuarial soundness, and what it does is it respects and it honors the work and the public

Bills: HB135

Keywords: civil liability, motor vehicle, legal protection, removal, animals

Summary: The Senate Finance Committee heard Senate Bill 2345, as a committee substitute, which would reform the Austin Firefighter Retirement Fund. Senator Schwertner explained that the bill is based on an agreed voluntary funding soundness restoration plan between the City of Austin and the fund, and would create a new reduced benefit tier for firefighters hired on or after January 1, 2026, adjust COLAs for current retirees, establish an actuarially determined funding model to address legacy liabilities and 2024 asset losses over 30 years, and add new board seats. Mayor Kirk Watson, city finance staff, the fund executive director, trustees, and retired firefighters all testified in support, describing the measure as an agreed-to, fiscally responsible compromise that protects benefits, supports recruitment, and reduces risk to taxpayers. The committee adopted the committee substitute, but left SB 2345 pending. The committee also heard House Bill 135, which clarifies tax treatment for exotic game or exotic livestock operations by defining them within agricultural exemptions and stating that sales of exotic livestock are not subject to sales and use taxes. Senator Flores described it as a clarification to provide consistency and fairness, and a witness for the Exotic Wildlife Association said it would resolve a Comptroller-related tax issue and benefit ranchers, landowners, and hunters. The committee closed public testimony and reported HB 135 favorably to the full Senate, with a motion to place it on the local and uncontested calendar. Senate Bill 771, by Senator Hinojosa, was also heard and later reported favorably. The bill would allow diesel fuel used in auxiliary power units or power takeoff units to qualify for the same fuel tax credit or refund already available for gasoline, correcting an inadvertent exclusion from the 2003 motor fuel tax rewrite. A witness supported the bill as a matter of tax equity. The committee then considered House Bill 1109, the House companion to SB 935, which exempts counties from certain motor fuel taxes on fuel used in county vehicles; Senator Hall explained it as simply exempting government agencies from paying the tax on their own vehicles. HB 1109 was reported favorably to the full Senate. The committee adjourned after completing its business.

Transcript Highlights:

• House Appropriation Act by revising employee contribution rate for the normal cost and unfunded actuarial
• liability of the Florida Retirement System based on the annual actuarial study for FY 2026-2027.
• That is not even half of what we will have at this, but that is the 2023 study.
•   491 THAT IS NOT EVEN HALF OF WHAT WE WILL  HAVE AT THIS BUT THAT IS THE 2023 STUDY.

Summary: The State Administration Budget Subcommittee met to consider four conforming committee bills tied to the proposed 2026-27 House General Appropriations Act. Rep. Maggard presented PCB SAB 26-04, the annual retirement bill, which updates Florida Retirement System contribution rates based on the annual actuarial study and was said to produce a $31.7 million state savings. He also presented PCB SAB 26-02, which addresses collective bargaining impasses for state employees by tying resolution to spending decisions in the appropriations act or implementing legislation. Both bills drew brief questions, mainly from Rep. Gantt, and both passed favorably on roll call. Rep. Miller presented PCB SAB 26-03, which reorganizes state audit functions and creates the Florida Accountability Office, consolidating legislative audit work into four divisions and adding whistleblower protections and reporting requirements. Rep. Gantt asked whether the bill changed the use of outside auditors and whether it had a fiscal impact; Miller said the work would be absorbed within existing resources and that the Legislature would retain responsibility. A taxpayer witness supported the bill and urged stronger local-government audit standards and broader whistleblower coverage. The bill passed favorably. Rep. Abbott presented PCB SAB 26-01, a broader appropriations conforming bill focused on the State Employee Health Insurance Trust Fund, prescription drug formulary changes, a health insurance assessment on agencies and vacant positions, the $3 traffic violation surcharge for the State Law Enforcement Radio System, Capitol complex space management, and changes to the Office of Supplier Diversity. Much of the discussion centered on whether a closed formulary would make medications harder to obtain, with Abbott saying prior authorization would still allow access and that the change was needed to control costs and protect the trust fund. Rep. Gantt and Rep. Robinson raised concerns about employee health benefits and the repeal of supplier diversity provisions, arguing the committee lacked data on the impact to minority- and women-owned businesses; Abbott said the changes would still allow small businesses to compete and that the bill was intended to save money and modernize procurement. PCB SAB 26-01 also passed favorably, and the meeting adjourned after all agenda items were reported out.

Transcript Highlights:

• That's a negative actuarial impact with, and I'm talking about overall actuarial impact here with the
• So, I ask our actuary about this and, using the 2024 actuarial valuation, and we're not going to change
• the our actuary about this and using the 2024<00:27:34.400> actuarial<00:27:35.039> valuation
• possible and I'll talk to our actuary. possible and I'll talk to our actuary.
• some information on the actuarial some information on the actuarial impacts<01:10:14.800> of<

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: 01:20:33, 958, all

Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.

Transcript Highlights:

• if we can move forward with that, will provide the information that will allow us to design an actuarially
• if we can move forward with that, will provide the information that will allow us to design an actuarially
• :01:14.720> offerings employees enrolles plan offerings employees enrolles plan offerings actuarial
• c> values<00:01:17.200> and<00:01:17.439> plan<00:01:17.759> financials actuarial
• values and plan financials actuarial values and plan financials such<00:01:18.799> as<00:01:18.960

Keywords: 1183, house

Transcript Highlights:

• Because those of us who have studied history know it. to work so hard to remind us and to to work so
• Because those of us who have studied Because those of us who have studied history history history
• Senator Carol. >> Senate Bill 127, an act relating to actuarial costs of annual leave payments in the
• <01:01:22.160> costs<01:01:22.559> of an act relating to actuarial costs of an act
• relating to actuarial costs of annual<01:01:23.119> leave<01:01:23.440> payments<01:01:

Keywords: 958, all

Summary: The Kentucky Senate convened with an invocation marking International Holocaust Remembrance Day, followed by the pledge, roll call, and a quorum declaration. The chamber approved the prior journal, received new bill and resolution introductions, and heard a House message that House Bill 312 had passed the House and was sent over for concurrence. The Senate also recessed briefly for committee meetings, then received committee reports referring several bills and resolutions to standing committees and placing Senate Joint Resolution 23 on the regular orders for January 28, 2026. The main floor action was on Senate Bill 17, relating to the Kentucky Court-appointed Special Advocate Network. The Senate adopted a committee substitute that updated CASA statutes, including reducing the minimum board size from 15 to 12, narrowing a volunteer/employment restriction to Department of Community Based Services employees, removing outdated references to the National CASA Association while retaining compliance with national standards through the Kentucky CASA Network, and updating the state association’s name. The bill passed 33-0, and a title amendment was adopted without objection. The Senate also considered Senate Bill 181, an emergency bill relating to schools and traceable communications. The chamber adopted a committee substitute and two floor amendments: one requiring parent notification after investigations involving alleged unauthorized electronic communication by a student, and another adding limited exemptions for communications involving school resource officers and directors of pupil personnel when certain school officials are included. Supporters said the changes were intended to refine implementation while preserving the bill’s original student-protection purpose. The bill then passed unanimously, 33-0. In addition, the Senate adopted Senate Resolution 36 recognizing January 25-31, 2026 as Physician Anesthesiologist Week, with remarks highlighting the specialty’s contributions to anesthesia, airway management, patient safety, ICU care, pain management, and major surgeries. The Senate also heard announcements thanking road crews, first responders, and utility workers for winter storm response, and members made several co-sponsorship requests and announcements, including notice of Kentucky Audiologist Association advocacy day and a committee cancellation.

Transcript Highlights:

• That is to support rates that are actuarially sound.
• And so the federal law requires that the rates be actuarially sound.
• So if they're not adequately funded, what we end up having to do is, like, Actuarially sound.
• adequately funded, what we end up having to do is look at cost containment in order to maintain that actuarial
• Our agency has studied, has done quite a bit of work around the cliff effect.

Keywords: 996, all

Transcript Highlights:

• She already has an associate degree in paralegal studies, so she's going down the road.
• That current pension system is well over 100% funded, and the actuarial studies that we've looked at
• President, is there an actuarial report on this provision? Thank you very much for the question.
• There is not a direct actuarial report related to this change, other than...
• And so, without an actuarial study, I... ... was just trying to understand.

Bills: HB3257, HB3176, HB3544, HB3619, HB3546, HB1782, HB2293, HB4358, HB3081, HB3983, HB3790, HJR1023, HB4139, HB3297, HB3041, HB3673, HB4105, HB3338, HB3048, SR33, SCR21, SCR20, HB4030, HB4031, HB4032, HB4034, HB4036, HB4037, HB4038, HB4040, HB4041, HB4042, HB4043, HB4045, HB4046, HB4047, HB4048, HB4044, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4071, HB4065, HB4067, HB4072, HB2992, HB4338, HB4170

Keywords: veterans, disability benefits, federal law, Oklahoma Statutes, military service, Oklahoma, Gas Hub, artificial intelligence, national laboratory, public-private partnerships, aerospace, high-performance computing, economic development, social AI companions, minors, emotional attachment, safety protocols, civil penalties, parental controls, geographic information

Transcript Highlights:

• So I began studying CCRCs in the fall of 2020, thinking it would be a short writing project.
• Actuarial accounting helps for sure.
• Actuarial accounting helps for sure.
• But there really just needs to be Actuarial accounting helps, for sure.

Keywords: 995, all

Summary: The commission’s fifth meeting focused on consumer protections and resident rights in continuing care retirement communities (CCRCs), with a presentation by Yvonne Choyah of UC Law San Francisco. She described California’s CCRC framework, including entrance fee structures, monthly fee increases, contract types (A, B, and C), disclosure requirements, and regulatory oversight. A major theme was that residents often do not understand the contracts they sign, while providers retain broad discretion over fees, transfers, terminations, and changes to the physical plant. She also emphasized that California’s regulator is understaffed and not well suited to oversee the complex financial and insurance-like aspects of CCRCs, and that resident complaints and litigation can be slow and difficult. Choyah and commission members discussed several consumer-protection issues, including refundable versus repayable-on-resale entrance fees, rising monthly care fees, the decline of life care contracts, and the need for clearer disclosures and better comparative data for prospective residents. She noted that California requires annual disclosure statements, resident bill of rights materials, and some fee-related reporting, but that enforcement and accessibility remain weak. Members raised questions about resident board representation, accreditation, refund requirements, and whether state agencies or resident associations could help explain contracts to consumers before admission. Choyah suggested stronger oversight, more financial expertise in regulation, and better transparency about ownership and fee-setting. The meeting ended with discussion of the commission’s next steps toward its August report. Staff said a draft report would be prepared from the commission’s discussions and circulated for comment before final revisions. The chair also announced staff transitions: Jennifer would be leaving the State House role, and Juliana Fernandez and Vicky Halal would be the main contacts going forward. The commission adjourned after thanking Choyah for her presentation and answering member questions.

Transcript Highlights:

• Really, the focus on kind of the excess profit pieces are the authorities we have, but to study and to
• And then there are specific any factors have to be actuarially sound in their basis when they are used
• opportunity for things that are kind of non-driving related to be included, but there has to be an actuarially

Keywords: 993, senate, all

Summary: The Senate Banking Committee met for its first meeting of the session, with Chair James Sanders Jr. and Ranking Member George Borrello opening the hearing and noting a collaborative approach to committee work. The committee first considered and advanced several bills: S.114, which would prohibit state-chartered banks from investing in or financing private prisons; S.2040, which would require money transmitters to provide a consumer warning; S.5473, which would require disclosures in advertisements involving virtual tokens; and S.8406, Sanders’ bill to amend the community bank deposit program. Each bill was moved and approved by committee, with S.8406 passing unanimously. The committee then heard from Caitlin Azar, Acting Superintendent of the Department of Financial Services (DFS), who outlined her background and DFS priorities. She emphasized affordability, consumer protection, stability, and innovation, and discussed DFS-led initiatives in the governor’s budget, including Banking Development Districts, non-bank mortgage CRA regulations, CDFI investment guidance, and consumer restitution. She also said DFS plans to issue buy-now-pay-later regulations in February, expand student lending protections and borrower education, and continue work on insurance affordability, including auto and homeowners insurance reforms, anti-fraud efforts, and discounts tied to telematics, dash cameras, and safe-driving courses. Members questioned Azar about the balance between regulation and access, especially in crypto, buy-now-pay-later, and insurance markets. She said DFS aims to preserve competition while preventing discriminatory or excessive practices, and described existing oversight of virtual currency, including coordination with federal regulators. Another member asked about AI in auto insurance underwriting and pricing; Azar said DFS requires transparency, bias review, governance controls, and consumer recourse, and that credit scores cannot be used to deny or increase rates. The chair also raised concerns about foreclosure in Southeast Queens, improving BDD paperwork and data collection, and increasing the number of state-chartered credit unions. Azar said DFS is working on process improvements, community input, and maintaining open communication with the committee, but no additional votes or formal actions were taken during the DFS hearing.

Transcript Highlights:

• The reason we just don't keep the money has to do with actuarial certification.
• The reason we just don't keep the money has to do with actuarial certification. Okay.
• But what's happening here is there's the actuarial certification of the rates, meaning that the total
• Rates from an actuarial standpoint have to be a reasonably efficient MCO.
• It needs to be able to achieve that, and that's what the actuary sets the rates at.

Keywords: 928, house, all

Summary: The Fiscal Committee met on May 16, 2025, and first adopted a rules-and-procedures change extending online audit approval timelines for American Rescue Plan items through December 2026 and bipartisan infrastructure law items through June 30, 2027. The committee then approved the April 18 minutes and adopted the consent calendar with several items removed for separate discussion, including items from Tabs 4, 6, and 7. On Tab 4 item 2511, members questioned why the state was paying utility costs for the Laconia property while it is being sold. Commissioner Charlie Arlinghaus explained the budget line covered utilities generally, not just heat, that some buildings still require minimal heating, and that the main increase was tied to the Winnipesaukee River Basin Project wastewater charges. He said the charges had risen sharply, the property sale would eventually trigger a utility true-up at closing, and he would provide additional analysis. The committee then adopted the item. On Tab 4 item 25115, the Department of Justice said funding for a temporary fourth pathologist was removed from the 2026-2027 budget because it was no longer needed, and the committee adopted the item. On Tab 6 item 25126, Department of Health and Human Services officials explained the Medicaid managed care “withhold” as a performance incentive: about 2% of capitation payments are held back, then redistributed based on quality and operational metrics, with unearned amounts staying with the state until the end of the program and subject to actuarial requirements. They said the approach has improved performance and helped with Medicaid unwinding outreach, reducing enrollment by about 11,000 people in the past year. The committee adopted the item. On Tab 7 item 25139, the Department of Energy said it no longer needed an additional position because existing staff could handle the work, and the item was adopted. The committee also adopted regular-calendar items 25114 and 25131, noted that one regular-calendar item had been withdrawn, set the next meeting for June 20 at 11:00 a.m. in Room 100 of the State House, and adjourned after a motion and second.

Transcript Highlights:

• I'd like to add and welcome eighth graders from Moana Middle School, uh, social studies, if they will
• 00:02:38.560> social from Moana Middle School uh social from Moana Middle School uh social studies
• 02:39.840> stand<00:02:40.080> and<00:02:40.239> rise<00:02:40.560> to studies
• if they will stand and rise to studies if they will stand and rise to be<00:02:40.879> recognized
• President, I move for the adoption of study committee reports numbers 2110 to 2123. >> Senator DeCorte

Bills: SB2042, SB2892, SB1163, SB2076, SB2116, SB2122, SB99, SB2088, SB2114, SB2117, SB2118, SB2245, SB2386, SB2079, SB2043, SB2155, SB2268, SB2932, SB3240

Keywords: feral chickens, chickens, animal control, humane disposition, wildlife management, Honolulu, City and County of Honolulu, appropriation, general funds, fiscal year 2026-2027, urban wildlife, poultry, nuisance animals, Act 169, Hawaii, privacy, geolocation, abortion, data protection, internet browser

Bills: SB2042, SB2892, SB1163, SB2076, SB2116, SB2122, SB99, SB2088, SB2114, SB2117, SB2118, SB2245, SB2386, SB2079, SB2043, SB2155, SB2268, SB2932, SB3240

Keywords: feral chickens, chickens, animal control, humane disposition, wildlife management, Honolulu, City and County of Honolulu, appropriation, general funds, fiscal year 2026-2027, urban wildlife, poultry, nuisance animals, Act 169, Hawaii, privacy, geolocation, abortion, data protection, internet browser

Transcript Highlights:

• And what this is, is a study that we did about families that are on that child care waiting list.
• Medicare managed care plans get paid at the lower bound of the actuarially sound rates.
• So that's based on kind of an actuary process.
• So for both MCPs and for PACE, we use actuaries to develop an actuarially sound range of rates.
• So both, you know, MCPs, you know, there is a rate, you know, actuarially certified rate range.

Keywords: 987, senate, all

Summary: The subcommittee first heard May Revision items for child support, child care, and related human services. The Department of Child Support Services described two technical adjustments, which the LAO said raised no concerns. The Department of Social Services then walked through child care proposals, including a shift in how federal and Proposition 64 funding reductions would be absorbed, a 2.01% COLA, disaster-related child care infrastructure grants, an increase in in-contract administrative support costs for alternative payment agencies, reversion of prospective-pay implementation funding after a federal rule change, a one-time allocation to cover the first quarter of Cost of Care Plus payments in the next fiscal year, reappropriation for existing infrastructure grant closeout work, and estimates of unspent child care funds. The department also outlined trailer bill language on a single rate structure, site safety and emergency procedures, CalWORKs child care data sharing, and child care oversight. The LAO recommended that the Legislature seek more justification for shifting reductions from General Child Care to the Alternative Payment Program, noting that CAP reductions affect more slots and that General Child Care has had significant unspent funds. It supported removing prospective-pay funding, but recommended rejecting the administrative cost shift to a percentage-based rate because it could create future General Fund pressure. It also suggested the Legislature review alignment between the disaster grants and the child care infrastructure program. Senators and members pressed the administration on why the budget would reduce child care slots and COLA percentages while the state still has waitlists and unspent funds, and questioned the need for early funding of Cost of Care Plus payments and the move from a flat administrative amount to a percentage. Public commenters, including providers, advocates, county offices, and infrastructure partners, urged full COLA funding, preservation of child care slots, support for prospective pay, and continued investment in child care access and facilities. After a short recess, the committee moved to Part B on health and heard the Department of State Hospitals. DSH presented a May Revision budget of $3.2 billion and described proposals for a central utility plant replacement at Metropolitan State Hospital, an electronic health record implementation, reduced county bed billing authority due to phased-in LPS bed capacity, limited contract exemption authority for online clinical subscriptions, reversion of prior-year unspent operating funds, and a workforce development proposal shifting some costs to Behavioral Health Services Act funds, including support for an additional psychiatric training cohort at Napa. The department also outlined IST-related savings and a trailer bill to remove the sunset on the independent placement panel program.

Transcript Highlights:

• Let's give Sage a round of applause for studying law.
• He wants to study international studies. Let's give Davis a round of applause.
• Once to 10, oh, you want to study law and psychology.
• He wants to attend Texas A&M to study horticulture.
• To study political science and world affairs.

Bills: HB3522, HB4300, HB4359, HB4363, HB3467, HB2987, HB3076, HB4427, HB3026, HB3288, HB3315, HB3711, HB3885

Keywords: alcoholic beverages, ABLE Commission, licensing, regulation, annual reporting, child care, criminal history, background checks, child safety, Oklahoma laws, advisory committees, statewide assessments, student testing, testing window, end-of-year testing, Oklahoma Academic Standards, Oklahoma School Testing Program, State Board of Education, grade 3-8, alternate assessment