Video & Transcript Research : 'MSRS'
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MN
Minnesota 2025 1st Special Session
House Veterans and Military Affairs Division 3/26/25
Veterans and Military Affairs Division
Transcript Highlights:
- really give us enough latitude or funding to set up a defined benefit or defined contribution plan with MSRS
- 50:54.480>
contribution <00:50:54.960>plan <00:50:55.200>with <00:50:55.359>MSRS - <00:50:56.319>
and defined contribution plan with MSRS and defined contribution plan with - MSRS and really<00:50:56.800>
it's <00:50:56.960>kind <00:50:57.040>of <00:50:57.119
MN
Transcript Highlights:
- funding status, not just in one case, not just of the police and fire plan but also tied in with the MSR
- funding status, not just in one case, not just of the police and fire plan but also tied in with the MSR
- funding status, not just in one case, not just of the police and fire plan but also tied in with the MSR
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 04/07/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- been requested sort of at the request of TRA, but applies to all the pension plans administered by MSRS
- 24:12.760>
plans <00:24:13.080>administered <00:24:13.679>by <00:24:13.840>MSRS - , the pension plans administered by MSRS, the pension plans administered by MSRS, PERA,<00:24:15.000
MN
Transcript Highlights:
- stewards of that capital, but the benefits and policy management is done by separate entities, PERA and MSRS
- ><00:19:45.679>
entities <00:19:46.320>par <00:19:47.120>and <00:19:47.280>MSRS - <00:19:48.080>
as by separate entities par and MSRS as by separate entities par and MSRS as
Bills:
HF3900
Keywords:
permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part I) Apr 8th, 2025
Business & Commerce
Transcript Highlights:
- So, you have SMRs and MSRs: an SMR is a small modular reactor, and an MSR is a molten-salt reactor.
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
MN
Transcript Highlights:
- There's $390,000 one time for MSRS folks, and $2.6 million for those in PERA.
- to a decrease in the amount of employee contributions going into that plan. $390,000 one time for MSRS
- folks, and $390,000 one time for MSRS folks, and $2.6<00:59:17.280>
million <00:59:18.000>
MN
Minnesota 2025-2026 Regular Session
Vets Committee Meeting - 2025-03-26
Veterans and Military Affairs Division
Transcript Highlights:
- really give us enough latitude or funding to set up a defined benefit or defined contribution plan with MSRS
FL
Florida 2025 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Mar 18th, 2025
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Mental Health, Substance Use and Recovery Jun 21st, 2026 at 11:00 am
Joint Committee on Mental Health, Substance Use and Recovery
Transcript Highlights:
- I spent a significant amount of time at their MSR, which is a medically supervised injection room, OPC
- I spent a significant amount of time at their MSR, which is a medically supervised injection, I spent
- a significant amount of time at their MSR, which is a medically supervised injection room, OPC, to get
Summary:
The Joint Committee on Mental Health, Substance Use, and Recovery held a public hearing on several harm reduction bills, including measures to decriminalize simple possession and paraphernalia, authorize overdose prevention centers, and expand access to naloxone for first responders. Chair Mindy Domb and Senator John Velis opened by describing harm reduction as an evidence-based public health strategy and noting Massachusetts’ recent decline in fatal overdoses. They emphasized that testimony would help shape whether and how the bills advance, and explained the hearing process, including time limits and written testimony.
Testimony was sharply divided. Supporters, including Rep. Kate Donaghue, Sen. Cindy Friedman, Rep. Marjorie Decker, Rep. Manny Cruz, public health professionals, recovery advocates, and people with lived experience, argued that harm reduction saves lives, reduces stigma, and can connect people to treatment. They supported overdose prevention centers and decriminalization as tools to keep people alive long enough to enter recovery, and several speakers described personal losses to overdose or family experiences with addiction. Some supporters also framed the bills as racial justice measures, arguing that criminal penalties for possession have disproportionately harmed Black and brown communities.
Opponents, including Sen. Nick Collins and several South End residents, argued that overdose prevention centers and decriminalization would worsen public drug use, crime, and neighborhood disorder, especially around Mass and Cass. They said current approaches such as Section 35, diversion, and police leverage into treatment are more effective, and they urged more treatment beds and recovery facilities instead of harm reduction sites. Committee members questioned witnesses about research, local siting, crime data, and the relationship between harm reduction and treatment, and several members said neighborhood impacts must be considered alongside overdose prevention. The committee did not take a vote during the hearing; it continued receiving testimony and announced a later break before resuming on H. 2196 and S. 1393.
FL
Florida 2025 Regular Session
December 3, 2025 - 03:30 PM
Transcript Highlights:
- THEY HAVE AN MSR AS WELL, THOSE ARE THE REPORTING MECHANISMS THAT ARE WITHIN THE AGENCY OUTSIDE OF HOURS
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 1/16/25
State Government Finance and Policy
Transcript Highlights:
- That includes MSRS for a certain program for former legislators and constitutional offices, TR and P,
- you're going to see probably the highest-level spreadsheet you're ever pension plans that includes um msrs
- for pension plans that includes um msrs for um<00:10:16.200>
a <00:10:16.320>certain <00
Summary:
The committee met on January 16, 2025, for an organizational and informational session. Members and staff introduced themselves, and Chair Jim Nash reviewed committee expectations, including that nonpartisan staff are to be used for factual information rather than political arguments. He also noted the committee rules were a blend of prior chairs’ rules and would be posted without a vote.
Helen Roberts of House Fiscal gave a high-level overview of the committee’s jurisdiction and budget structure. She explained that the State Government Finance Committee oversees funding for major administrative agencies, the legislature, constitutional offices, and several boards, councils, and commissions. She emphasized that the committee’s general fund base for fiscal years 2026-27 is about $1.31 billion, less than 2% of the state general fund, and that the largest pieces are the Department of Revenue, the legislature, and pension aids. She also described how all-funds presentations differ from general fund views, highlighting internal service funds such as Minnesota IT Services, Department of Administration services, and other chargeback or reimbursement arrangements. Members asked questions about House and Senate budgets, debt service related to the Capitol Area building project and move costs, and how Minnesota IT Services is funded through fee-for-service chargebacks.
Colby Sullivan of House Research then summarized a memo in the packet that outlines the entities within the committee’s jurisdiction and the constitutional and statutory provisions governing them. He pointed members to the memo as a reference and noted that the committee also has jurisdiction over the Legislative Coordinating Commission, the legislative auditor, the legislative reference library, the reviser of statutes, the Secretary of State’s budget and certain duties, and three gambling-related agencies, though gambling policy itself is generally handled by another committee. He offered to help members with bill drafting and amendments and to provide a linked electronic version of the memo.
The Office of the Legislative Auditor then began an overview of its work. Legislative Auditor Judy Randall explained that the office is nonpartisan, serves all 201 legislators, and provides oversight through financial audits, program evaluations, and special reviews focused on state funds. She distinguished the Legislative Auditor from the State Auditor, noting that the State Auditor is an elected constitutional officer who focuses on county and local government funds. Randall said the office would also present a deep dive into its November performance audit of the Minnesota State Lottery. No votes or formal actions were taken during the meeting.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 04/14/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- Leonard with MSRS.
- Leonard<02:10:25.360>
with <02:10:25.680>MSRS. - spent<02:10:26.840>
a <02:10:26.880>number <02:10:27.240>of Leonard with MSRS - We spent a number of Leonard with MSRS.
Summary:
The Legislative Commission on Pensions and Retirement met on April 14, 2026, adopted the April 7 minutes, and then took up Senate File 4464, which the chair said would be laid over after hearing testimony. The bill would restore continued health insurance coverage for police officers and firefighters in the PERA Police and Fire Fund who suffer documented physical duty-related injuries, addressing the current 5-year cap and the loss of coverage at normal retirement eligibility. Senator Hal Hoffman and Senator Hoffman’s testimony emphasized that the bill is a narrow fix for injured public safety workers and not a broader restructuring of retirement benefits.
Supporters, including Mike Ladue of Law Enforcement Labor Services, several injured officers, Sheriff Ryan Kruger, and Amber Waldner, described the personal and family impacts of severe line-of-duty injuries and argued that coverage should continue to age 65 so families are not left with uncertainty if injuries worsen or force medical retirement. They said the bill would honor the promise made to public safety workers and provide stability for long-term care needs. One witness, Officer Albert, said the 2025 changes significantly reduced the protection he believed he and his family would have if his injury forced retirement.
Anne Finn of the League of Minnesota Cities opposed the bill as drafted, warning that restoring coverage to age 65 for all physical injuries would be fiscally unsustainable without additional state funding. She said the 2025 pension changes were part of a negotiated package, noted that duty disability retirements are common, and argued the employer cost could reach about $500,000 per employee and create significant property tax pressure, especially for smaller communities. She urged the committee to work on a broader solution and said revisiting only one part of the 2025 law would create imbalance.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 04/08/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- to our actuarial assumptions, some valuation of pension plan, and then legislation recommended by MSRS
- plan, and then legislation recommended plan, and then legislation recommended by<02:19:52.479>
MSRS on <02:19:53.520>the <02:19:53.680>correctional <02:19:54.080>plan by MSRS- on the correctional plan by MSRS on the correctional plan eligibility<02:19:55.040>
work <02:19
CA
California 2025-2026 Regular Session
Assembly Health Committee Apr 29th, 2025
Transcript Highlights:
- Which is whether or not payment of that administrative fine would count towards kind of the next year's MSR
- think that you're pointing out there that could potentially happen if an organization were to miss the MSR
Summary:
The Assembly Health Committee heard a long agenda of health bills focused on access to preventive care, behavioral health, hospital services, and patient safety. Early items included AB 554, which would expand and protect access to HIV prevention drugs like PrEP, including injectable forms and coverage protections; supporters said it would shore up access amid federal threats, while insurers opposed it as a costly benefit mandate. AB 577 would limit insurer and PBM practices that steer medications away from physician offices and require more transparency and patient consent; doctors and patient advocates supported it, while health plans and insurers warned it could raise drug costs and disrupt specialty pharmacy networks. AB 546 would require coverage for portable HEPA purifiers for vulnerable enrollees during declared emergencies, especially wildfire smoke events, with support from air quality and public health groups and opposition from insurers concerned about benefit expansion and cost.
The committee also heard AB 224, which would codify California’s updated essential health benefits benchmark plan after a public review process, adding infertility treatment, hearing aids, and durable medical equipment if approved by CMS for the 2027 plan year. DMHC said the state had completed the review and needed legislation to meet federal timing, and the measure drew broad support. AB 1032 would require plans and insurers to reimburse up to 12 additional behavioral health visits for enrollees in wildfire-affected counties for a limited period after an emergency; supporters argued it would fill gaps in trauma care after disasters, while insurers said existing parity and continuity-of-care rules already address the issue and that the bill could create inequities. AB 849 would require trained chaperones for sensitive ultrasound exams and training on how to observe and intervene; it was backed by a survivor and patient advocates, with hospitals and health districts raising staffing concerns.
Later, AB 1196 would direct the Department of Public Health to update outdated rules requiring three surgeons for certain heart surgeries using cardiopulmonary bypass; supporters said the rule no longer reflects modern practice and strains staffing, while cardiology representatives had no formal opposition but wanted to review amendments. AB 1113 would codify a right to wear a mask for health reasons in public spaces, with support from disability and public health groups. AB 1386 sought to add perinatal care to the list of basic hospital services, prompting testimony about maternity ward closures, workforce shortages, and rural access; the author said the bill would be amended further and that the committee would need to revisit timelines and implementation details. The committee also heard AB 1429, which would address Kaiser’s repeated mental health parity violations and improve access to behavioral health care, though the transcript cuts off before any action on that bill is shown. Several bills were moved with motions and seconds, but many were held for quorum; AB 1196, AB 1113, and AB 1386 were among the measures advanced to a roll call or held on call, and the committee repeatedly noted that final votes would occur when quorum was available.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 02:00 pm
Joint Committee on State Administration and Regulatory Oversight
Transcript Highlights:
- The effects on the MSR as follows. Our increased training, required to deliver critical care.
Summary:
The committee first heard testimony on H. 3599, a bill concerning access to historic Indian lands and easements for landlocked tribal parcels in Massachusetts. Witnesses, including members of the Mashpee Wampanoag and Herring Pond communities, said the bill would restore access to family lands that have long been treated as landlocked and had been denied easements by necessity in prior court rulings. They described heavy tax burdens, prior litigation, and support from the Mashpee Wampanoag Tribe, with conditional support from the Aquinnah Wampanoag Tribe pending language changes. Committee members asked about the tax assessments and the status of tribal support, and the chair said the committee would follow up on possible amendments.
The committee then took up S. 2922, which would authorize an underground easement at Magazine Beach in Cambridge for the Greater Cambridge Energy Project. Eversource representatives said the easement is needed for a transmission line connecting the Brighton and Kendall Square substations, supporting grid reliability and the Commonwealth’s clean energy transition. They said DCR would receive fair market value and replacement land in Wendell to satisfy Article 97 requirements. No objections were raised, and the panel’s testimony concluded without a vote recorded in the transcript.
Most of the hearing focused on H. 5047, which would authorize the Commonwealth to take the Norwood Hospital site by eminent domain so the hospital can be restored. Sponsors, local officials, hospital task force members, EMS and fire representatives, a chamber of commerce leader, and a former hospital administrator all argued that the 2020 flood and Steward’s bankruptcy left the region without adequate care, causing longer ambulance transports, emergency room boarding, staffing strain, and economic losses. They said the site remains a partially completed shell, that the state should be able to acquire it and bring in a nonprofit operator, and that the taking would not require state funding because an operator would pay the acquisition costs. Committee members from both chambers expressed support and asked about costs, timing, infrastructure, and whether a nonprofit operator is being pursued. The chair took the bill under advisement after extensive testimony; no vote was taken in the transcript.
MN
Minnesota 2025 1st Special Session
Senate Floor Session - Part 1 - 05/18/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- There's also policy improvements in the bill that include secure choice, changes to amortization, MSRS
- secure choice, changers<00:22:25.200>
to <00:22:25.720>amortization, <00:22:26.919>MSRS - changers to amortization, MSRS changers to amortization, MSRS multiplier,<00:22:28.880>
workg
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/17/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- teachers, why aren't you looking at doing this to return-to-work people who are covered by PERA or MSRS
- teachers, why aren't you looking at doing this to return-to-work people who are covered by PERA or MSRS
Summary:
The commission first approved the minutes and then took up several pension omnibus items. Representative Rapinski’s item, related to an I-RAP issue, was moved ahead of the agenda and passed without further information after members noted the State Board of Investment and Minnesota State had not identified additional facts; the bill, as previously amended, was recommended for inclusion in the 2026 Pension Omnibus Bill. The committee also corrected a procedural issue on Senator Gustafson’s bill, SF 3897/HF 3703, after realizing an amendment referenced earlier belonged to a different bill; the motion was restated without the amendment reference and the bill was then recommended to pass and be incorporated into the omnibus bill.
The main policy discussion centered on SF 3897/HF 3703, which would change how terminating firefighter relief association plans value benefits for firefighters under age 50. Senator Gustafson said the current statute can unfairly reduce benefits by requiring present-value discounting and that the bill would instead allow benefits to be based on accrued benefit under the plan formula, while still leaving relief associations flexibility to use present value if they choose. Staff confirmed the bill applies only to relief associations under chapter 424B, not PERA or the statewide plan. Senator Rasmussen raised concerns about consistency between SVF and non-SVF reliefs and about differing treatment on termination; the bill author acknowledged the difference. The committee ultimately voted to recommend the bill for inclusion in the omnibus pension bill.
The final major item was House File 4162, as amended by an A1 amendment, which requires employers of reemployed annuitants in TRA to make employer contributions during reemployment, including Minnesota State Colleges and Universities employees covered under section 354.445. Representative O’Driscoll argued the bill would direct existing education-formula pension dollars to TRA, prevent districts from using those funds elsewhere when retirees are rehired, and keep the employee neutral because the annuitant’s benefit would not change. Supporters said the measure would help pension funding and address situations where districts rehire retired teachers, often in hard-to-fill specialties. Opponents, including Senator Rasmusson, questioned the added cost to school districts, citing an estimated $5.385 million in annual TRA revenue from the change and warning it could reduce districts’ ability to hire or retain staff. After discussion, the committee had not yet taken final action on this item in the portion of the meeting provided.
MN
Minnesota 2025 1st Special Session
Committee on State and Local Government - 04/03/25
State and Local Government
TX
Transcript Highlights:
- Also when we define electric generation facility, we want to make sure those, these MSRs and the Texas
Bills:
HB 14, HB 106, HB 146, HB 267, HB 274, HB 1127, HB 1359, HB 1393, HB 1584, HB 1640, HB 1710, HB 2152, HCR 101, HJR 8, HR 51
Keywords:
nuclear energy, advanced reactors, energy security, grant programs, Texas Advanced Nuclear Energy Office, HB 106, oil and gas, Railroad Commission of Texas, overhead electrical lines, electrical distribution system, power line maintenance, administrative penalty, Natural Resources Code, oil and gas lease, well operator, energy safety, utility infrastructure, regulatory compliance, cleanup fund, oil and gas regulation and cleanup fund
MN
Minnesota 2025-2026 Regular Session
House Floor Session 5/13/26 - Part 2
Minnesota House Floor Meeting
Transcript Highlights:
- .<00:54:06.480>
MSRS <00:54:07.440>people <00:54:07.760>watching <00:54:08.079>- MSRS people watching these funds, work.
- MSRS people watching these funds, TR<00:54:10.240>
uh <00:54:10.640>watching <00:54:10.960
Summary:
The House adopted the conference committee report on House File 1141, the housing bill, and repassed the bill as amended by conference. Representative Howard said the compromise bill would help build thousands of homes, keep Minnesotans housed, and improve transparency and collaboration with the Minnesota Housing Finance Agency, while remaining budget-neutral by using MHFA interest earnings and fund transfers. He highlighted investments in housing infrastructure bonds, greater Minnesota workforce housing, manufactured housing, FHPAP, supportive housing, and added transparency for MHFA board meetings, while noting that some Senate provisions such as a manufactured housing bill of rights and a ban on private equity home purchases were not included.
Several members spoke in support, emphasizing housing as a basic need and linking the bill to homelessness, workforce shortages, and health outcomes. Supporters praised the bill’s funding for supportive housing, first-generation homebuyer assistance, tenant hotline services, and manufactured housing, and said the bipartisan conference process improved the measure. Representative Kosowski and others argued the bill would help people stay housed, reduce pressure on schools, hospitals, and emergency rooms, and support communities across all 87 counties and tribal nations.
Republican members raised concerns about spending and government growth, arguing the state should prioritize taxpayer relief, school safety, fraud prevention, and asset preservation instead of housing investments. Representative McDonald questioned the growth in MHFA staffing over the past decade, and Representative Howard responded that the agency had taken on many new responsibilities since the state’s larger housing investments and needed staff to administer programs effectively. After the motion to adopt the conference report prevailed, the bill moved to third reading, where further discussion continued in a generally supportive but divided debate.