Video & Transcript Research : 'defined contribution plan'

Page 28 of 500
TX

Texas 89th 2nd C.S.

Local Government (Part II) Mar 24th, 2025

Local Government

Transcript Highlights:
  • They have to have a plan, they have to publish the plan, and then they have to do an update of the plan
  • they have to publish the plan and so and then they have to do an update of the plan and they can only
  • A couple of odd calculations inside the plan.
  • For their roadways, they use their plan commission.
  • Fort Worth has separate planning and zoning commissions, but they use their planning commission only.
Summary: The Senate Local Government Committee heard several bills by Senator Bettencourt focused on property tax and local government accountability. SB 32 would provide about $700 million in business tax relief by raising the business personal property exemption from $2,500 to $25,000 and continuing a 20% franchise tax credit for inventory taxes paid. Witnesses from NFIB, the Texas Retailers Association, and Texas Realtors supported the bill, saying business personal property and inventory taxes are burdensome and especially hard on small businesses. After no opposition testimony, SB 32 was left pending. The committee also heard SB 1453, which would change how interest and sinking tax rates are calculated by using only the minimum debt service required under bond schedules, while still allowing a higher rate with a 60% governing body vote and a public explanation. A witness from the Texas Taxpayers and Research Association supported the bill as a way to keep debt rates from rising as property values increase and to preserve tax relief. The bill was left pending after testimony. SB 1883 would tighten rules on local impact fees by requiring 60 days of public availability for capital improvement plans and land use assumptions, raising the approval threshold for adopting impact fees from a simple majority to two-thirds, limiting how often fees can be increased, and expanding notice requirements. Builders and developers testified in support, arguing that impact fees are often poorly reviewed, lack accountability, and are passed on to homebuyers, worsening housing affordability. Committee members discussed adding audit provisions and questioned the lack of city testimony. The bill was left pending with subcommittee action. SB 1452 would require a voter election to decide whether a municipal management district continues to exist, with dissolution if voters reject it; supporters said it would add accountability, while others noted some districts provide essential services and infrastructure. The committee heard testimony from district representatives and builders, then left SB 1452 pending before recessing.
TX

Texas 89th Regular

Local Government (Part I) Mar 24th, 2025

Local Government

Transcript Highlights:
  • I guess what I would say is that we're not planning to raise the threshold for an ordinance or a city
  • Urging that they come up with a plan to avoid an open-ended process for a moratorium.
  • We did have to show the benefit of having a plan.
  • long-term planning saves taxpayer resources we all know.
  • Extending the time will give the citizens in our city the time to be more certain in their planning and
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/18/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • The minimum retirement age right now is 50, and this change would allow those defined contribution plans
  • <01:10:32.560> contribution members of the defined contribution members of the defined contribution
  • would um allow for those Define would um allow for those Define contribution<01:10:42.239> plans
  • Seventy percent of the relief associations that report to us are defined contribution plans and would
  • > any<01:24:51.600> limit defined contribution is there any limit defined contribution is
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 02/24/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • And then we have a couple smaller defined contribution plans.
  • And then we have a couple smaller defined contribution plans.
  • plan, police and fire plan, a defined contribution plan for elected officials, and the statewide volunteer
  • and fire plan, a defined contribution and fire plan, a defined contribution plan<00:30:57.440>
  • and defined contribution plans, conferring to defined benefit plans.
Keywords: 1187, senate, all
WA

Washington 2025-2026 Regular Session

Select Committee on Pension Policy Jun 16th, 2026 at 10:00 am

Select Committee on Pension Policy

Transcript Highlights:
  • I know it contributes to the Plan 2 and 3.
  • benefit, defined contribution, hybrid retirement plan design.
  • So starting off with Plan 2, Plan 2 is a defined benefit plan.
  • The defined benefit portion of this plan provides half the guaranteed benefit of Plan 2, which includes
  • There's a The defined contribution portion of the plan includes an employee-funded savings account that
Keywords: 904, all
KY
Transcript Highlights:
  • , which is 3.75%; the school district contribution of 3%; the state contribution of 7.5%; and the amount
  • health plan even at 100% funding.
  • <00:08:23.680> contribution 3.75% the school district contribution 3.75% the school district
  • Plans since they're over 100% correct Plans since they're over 100% correct how<00:10:35.000> I
  • to introduce that more narly defines to introduce that more narly defines proxy<00:21:56.039>
Summary: The committee first approved the minutes from its January 27 meeting and then took up House Bill 694, which would create a default rule for the Teachers’ Retirement System health insurance trust fund once it reaches 100% funding, currently anticipated around 2027. The bill would redirect two funding streams now going to the health trust—state payments on behalf of local districts and other employer contributions—into TRS pension benefits if the health fund reaches and maintains full funding. The sponsor said this would add about $154 million annually to TRS pensions and would only serve as a default if no other plan is adopted later. Members asked whether the bill would shift the unfunded liability to teachers or affect employee contributions. The sponsor and staff said it would not shift liability to teachers and would not change the employee contribution; only the employer-side payments would be redirected. Several members asked about the meaning of actuarial 100% funding, whether the fund could fall back below 100%, and whether employee contributions might be reduced in the future. The sponsor said the bill is based on actuarial projections, would revert the money back to the health trust if funding fell below 100%, and does not prevent future legislative or board action. Senator Higdon and others spoke in support of discussing the issue, noting the 2010 shared-responsibility changes and the need for a default approach as full funding is reached. The committee then heard Senate Bill 183, which would amend Kentucky law governing proxy advisers used by retirement systems. The sponsor said the bill would require proxy advisers, when handling shareholder-sponsored proposals, to act solely in the interest of retirement system members and beneficiaries and to provide an economic analysis when voting against a company board’s recommendation. He argued the measure is aimed at proxy advisers such as ISS and Glass Lewis, which he said often advance ESG-related proposals not tied to shareholder value. A guest from APCIA said the bill is meant to distinguish proxy advisers from investment managers and to strengthen the 2023 law by requiring a clearer economic justification for votes that depart from board recommendations. Members asked how proxy advisers differ from other financial advisers, whether Kentucky uses them, and whether the bill would prevent pension funds from investing in companies with ESG factors if those investments are profitable. The sponsor and guest said the bill would not bar such investments; it is intended to regulate proxy voting recommendations, not investment decisions. They described the bill as a proactive measure to reinforce fiduciary responsibility and limit outside proxy influence on pension voting. No final vote on either bill was taken in the portion of the meeting provided.
TX

Texas 89th Regular

Senate Session (Part I) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • And whereas the golf industry contributes significantly to the Texas economy.
  • But the PGA in particular and the Valero Open contributes more to our veterans than the NFL.
  • The MLB and the NBA combined, one PGA event, contributes more to our veterans. than the NBA, the NFL,
  • Secretary will read the resolution. her contributions to the City of El Paso.
  • that a city cannot expand its taxing area into any limited-purpose jurisdiction areas without... a plan
Bills: SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
TX

Texas 89th Regular

Senate Session (Part II) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Established in 2015, the GURI grant funding contributes up to $5 million for the purpose of recruiting
  • Since its start, the Gurry Grant has contributed more than $115 million in grants to recruit world-class
  • Committee substitutes Senate Bill 1015, relating to excess contributions and fees.
  • Committee substitute Senate Bill 1708, relating to exceptions to county planning requirements.
  • Committee substitute Senate Bill 1708, relating to exceptions to county planning requirements.
Bills: SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
ND

North Dakota 2025-2026 Regular Session

Administrative Rules Committee Jun 11th, 2026

Transcript Highlights:
  • benefit plan does not include the newly formed defined contribution plan.
  • formed defined contribution plan.
  • benefit plans and do not include the newly established defined contribution plan.
  • The contribution plan.
  • The newly established defined contribution plan under 54-52.6 does have a number of edits that we are
Summary: The Administrative Rules Committee met on June 11 and first approved the March 12, 2026 minutes by voice vote. It then granted the Board of Medicine an extension of time to implement rules tied to recent legislation, including North Dakota’s participation in the physician assistant licensure compact and a new physician nutrition continuing education requirement. The Board said it was waiting on compact rules and fee information before finalizing its own changes. The committee heard a lengthy presentation from the Office of Management and Budget on broad personnel rule revisions, including salary administration, recruitment, leave, sick leave, funeral leave, service awards, appeals, and shared leave. OMB said the changes modernize HR language and implement recent legislation such as enhanced annual leave for hard-to-fill positions and new hire leave. Members questioned the hard-to-fill leave provisions, but OMB and counsel said those standards come from statute, not the rules. The committee also heard and accepted rule packages from the Lottery, the Board of Examiners for Audiology and Speech-Language Pathology, the State Electrical Board, the Industrial Commission, PERS, and Health and Human Services, with each agency describing mostly technical, clarifying, or statutory-conforming changes and noting the public notice and comment process. The most significant action came during the Gaming Commission rules presentation. After questioning whether the commission had authority to raise the poker tournament buy-in limit from $300 to $1,500, members moved to void Section 99-01.3-09-01 on the ground that the agency lacked statutory authority for that change. The motion passed on a roll call vote. The committee also discussed several gaming-related issues, including online raffles, kiosk use, advertising restrictions, and the broader policy question of whether charities should be allowed to own bars, but took no further formal action on those topics.
NH
Transcript Highlights:
  • > that<00:44:33.000> we're defined contributions plan uh that we're defined contributions
  • have<00:46:51.599> on defined contribution plan would have on defined contribution plan
  • to a defined contribution plan, yes, that increases their portability.
  • to a defined contribution plan, yes, that increases their portability.
  • to a defined contribution plan, yes, that increases their portability.
Keywords: 928, house, all
Summary: The subcommittee first took up House Bill 702, which would change how extra or special duty pay for retired police officers is treated for retirement and work-limit purposes. Supporters argued the bill would let retirees work more special-duty hours, helping municipalities fill traffic-detail and similar assignments without added state cost, and said it would not prohibit retirees from working but would simply stop those hours from counting toward the return-to-work threshold. Opponents argued the change would be inconsistent with the retirement system’s 2011 reforms, could increase pension liabilities, and would treat the same compensation differently for active employees and retirees. Members also discussed whether the bill would affect current and future retirees, the role of municipalities, and whether the policy amounted to “policing for profit.” The subcommittee ultimately voted 3-2 to recommend inexpedient to legislate (ITL) on HB 702, sending it to the full committee with that recommendation. The committee then discussed House Bill 581, which would create a Group Three retirement plan for new state employees hired after the bill’s effective date. The chair outlined a housekeeping amendment to delay implementation, moving the effective date to January 1, 2026, and noted a sponsor amendment addressing health insurance group inclusion and medical and surgical benefits so those benefits would not be put at risk for the new group. Testimony and discussion focused on the shift from defined benefit to defined contribution, with supporters citing Michigan examples and arguing the bill would help recruit and retain employees while giving them more flexibility. Opponents said the change could weaken retirement security and increase unfunded liability, though supporters responded that the bill still requires employer contributions toward accrued liability and is intended to keep the state on track to pay off its unfunded liability by 2039. The transcript ends with continued discussion of the bill and no final vote shown on HB 581.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 04/08/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Representative Neto, to your bill as amended. the phrase define contribution from the phrase define contribution
  • Chair and defined benefit plan. Mr.
  • Um, that I am a proponent for a defined benefit plan.
  • And my understanding of defined benefit plans, it is far superior to defined contributions, which many
  • , it is far superior to benefit plans, it is far superior to defined<01:13:13.880> contributions,<
Keywords: 1187, senate, all
ND

North Dakota 2025-2026 Regular Session

Senate Floor Session Apr 2nd, 2025 at 12:30 pm

North Dakota Senate Floor Meeting

Transcript Highlights:
  • contribution retirement plan, employer contribution requirements for the defined benefit and defined
  • contribution retirement plans, and employee eligibility to elect to transfer to the defined contribution
  • defined benefit plan.
  • There are currently in-plan annuities in the defined contribution plan, but Section 5 was added to allow
  • investment lineup more attractive to participants in the defined contribution plan.
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.
TX

Texas 89th Regular

89th Legislative Session May 20th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Because I said I plan to vote for the bill.
  • , and 2021 regional water plans.
  • It was also included in the 2001 Region D water plan and in the 2002, 2007, and 2008 plans.
  • in all of those plans going back decades.
  • Planning for decades, 57 years planning for this reservoir to be in East Texas.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/10/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <01:26:00.640> contribution other that was a defined contribution other that was a defined
  • <01:35:53.080> contribution we should make a defined contribution we should make a defined
  • to a defined contribution plan.
  • plan that's in paid out and the defined plan that's in the<01:44:02.040> SVF<01:44:02.520>
  • <01:44:06.000> contribution converted to a defined contribution converted to a defined contribution
Keywords: 1187, senate, all
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 064 Mar 19th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • options: the defined benefit, DB, plan and the defined contribution, DC, plan.
  • benefit DB plan and the<00:33:20.840> defined<00:33:21.280> contribution<00:33:22.000><
  • the defined contribution DC plan. the defined contribution DC plan.
  • <00:33:58.000> contribution<00:33:58.600> plans<00:33:58.880> with defined contribution
  • plans with defined contribution plans with guaranteed<00:33:59.600> lifetime<00:34:00.360>
Keywords: 981, all
Summary: The Senate convened with a quorum, approved the March 17, 2026 journal, and received several committee reports and appointment recommendations. Finance reported two banking-related reappointments for the consent calendar and recommended amendments and favorable action on Senate Bills 128 and 131. The chamber also heard notices of committee realignment affecting the Senate Health and Human Services Committee, including a reduction in membership and the removal of Senator John Carson from that committee for the remainder of the session. During personal privilege, senators recognized Greeley Day at the Capitol and College Board. The Senate then took up Senate Joint Resolution 16, concerning retirement readiness and financial well-being. Supporters said the resolution highlights the importance of retirement security, financial education, and lifetime income options for PERA members. The resolution passed 34-0, and the current roll call was added as co-sponsors. The Senate also laid over HJR 1023 and SB 66 until March 19. On third reading, the Senate passed House Bill 1142, Senate Bills 2660, 2635, 1031, and 105 on the consent calendar, with some senators recorded as no votes on SB 2660 and SB 2635. It also passed Senate Bill 62, which designates second-generation anticoagulant rodenticides as restricted-use pesticides, by a 22-12 vote, and Senate Bill 98, which reestablishes local authority over noise abatement, by a 30-4 vote. The chamber then concurred with House amendments and re-passed Senate Bills 11, 32, and 16; the House changes to SB 11 were described as clarifications to search-warrant requirements for certain electronic platforms, SB 32’s changes concerned immunization access and removed a vaccine-manufacturer liability provision, and SB 16’s changes were mostly technical and removed a criminal-penalty reference. The Senate also laid over the general orders calendar until March 19 and recessed until 11:30 a.m.
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Education Subcommittee Jan 22nd, 2026 at 09:00 am

A&B Education Subcommittee

Transcript Highlights:
  • If our employer and member contributions come in and aren't big plan design changes or unfunded, you
  • contributions, and our investment income, we have enough to cover the normal cost of the plan, right
  • benefit plans and defined contribution plans There's a tradeoff for the member when you, if you are
  • You know, that's the defined benefit plan Really, it's the employer who bears the plan sponsor's risk
  • Well, if it was defined contributions, it is their money. A divine benefits, it's not their money.
Keywords: 914, all
OK
Transcript Highlights:
  • In addition to their individual contributions over the last year, they have worked together to plan and
  • She is planning to go to OSU.
  • Having received 2/3 of those elected to unconstituting the House, the plan of the emergency is declared
  • It also strikes language on page eight, which would have defined battery energy storage systems as generation
  • bill is a bill that we passed previously that would allow for OSU Veterinary Medicine to create a plan