Video & Transcript Research : 'branch captive'

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FL

Florida 2026 Regular Session

Banking and Insurance Feb 4th, 2026

Banking and Insurance

Transcript Highlights:
  • cell captive insurers or protected cell companies.
  • Of the 36 states allowing captive insurance, 21 allow some form of PCC.
  • The point is, they are captive cells separated from each other.
  • I'm not saying that protected cell captives are brand new.
  • I am the Secretary of the Florida Captive Insurance Association.
Summary: The Banking and Insurance Committee heard and advanced a wide range of insurance, financial services, and probate bills. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for emergency out-of-network claims. After extensive discussion about the relationship between the state and federal No Surprises Act processes, an amendment was withdrawn due to concerns about clarity and scope, but the bill itself was supported by providers and insurers and was reported favorably. The committee also approved SB 684 on electronic signatures for total loss vehicles and vessels, CS/SB 158 on pet insurance consumer disclosures and agent education, SB 1494 expanding breast cancer screening coverage, CS/SB 314 on digital assets and stablecoin issuers, and CS/SB 1500 on uncontested probate procedures and small-estate administration. SB 618 on workers’ compensation insurance was amended to raise the consent-to-rate cap for workers’ compensation policies from 10% to 20% and then reported favorably, with supporters saying it would help keep higher-risk employers in the voluntary market. CS/SB 1568 creating a Florida Stablecoin Pilot Program was amended to remove authority for a Florida coin and limit the program to existing stablecoins, then passed. Later, the committee approved CS/SB 838 on electronic payment convenience fees for retail installment contracts, with the sponsor emphasizing that a fee-free payment option must still be offered. SB 1452, the Department of Financial Services agency bill, was amended and reported favorably; it covered My Safe Florida Home administration, insurance and licensing changes, unclaimed property updates, and other DFS-related provisions. The committee also passed SB 1706 on the My Safe Florida Condominium Pilot Program, targeting owner-occupied condominiums at or below 80% of area median income, and SB 990 on protected cell captive insurance companies, which supporters said would modernize Florida’s captive insurance laws and encourage more competition. The meeting ended with all listed bills reported favorably and the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 2/19/26

State Government Finance and Policy

Transcript Highlights:
  • migration across executive branch migration across executive branch agencies<00:31:16.960> and
  • All executive branch entities, we are their internal IT department.
  • <00:40:47.120> Um,<00:40:47.440> all across the executive branch.
  • Um, all across the executive branch.
  • investigations of state executive branch investigations of state executive branch agencies, agencies
Bills: HF1338
FL

Florida 2026 Regular Session

Appropriations Committee on Agriculture, Environment, and General Government Feb 18th, 2026

Appropriations Committee on Agriculture, Environment, and General Government

Transcript Highlights:
  • And what this bill does is it authorizes the creation of a specific type of captive insurance company
  • in Florida called protective cell captive insurance companies.
  • And what this does is it updates very antiquated captive statutes that, right now, today, don't permit
  • a protective cell captive insurance company.
  • On behalf of the Florida Captive Insurance Association. Thank you.
Summary: The committee heard and advanced several bills related to engineering regulation, cybersecurity, financial services, and state administration. CS/SB 800 would increase penalties for repeated unlicensed engineering practice and create an engineering student loan assistance program funded by licensure fees and fines; it was reported favorably after questions about whether it would reimburse victims of unlicensed practitioners, with the sponsor noting it would not and that affected individuals would need to pursue complaints and private legal action. CS/SB 576 created a local government cybersecurity protection program administered by Florida Digital Service, with state purchasing of cybersecurity services and priority for fiscally constrained counties; it received support from local government and industry groups and was reported favorably. CS/SB 1078 set transition requirements for gubernatorial administrations, including liaisons, briefing books, office space, IT access, and controlled access to agency records under a memorandum of understanding, and it also passed favorably. The committee also approved CS/SB 314, which creates a regulatory framework for payment stablecoin issuers in Florida, and CS/SB 530, which updates lottery operations, security, retailer rules, and bonding requirements. CS/SB 1614, after adoption of a technical substitute amendment, would limit local governments’ eligibility for certain state funding if they have excess funds, have recently been audited by the legislative audit committee, or fail to affirm expenditure of prior funds; the sponsor said it would give the Joint Legislative Auditing Committee more enforcement leverage, and the bill was reported favorably. CS/SB 990 authorizes protective cell captive insurance companies to expand insurance market capacity and potentially lower premiums, while CS/SB 1588 is a step toward implementing last session’s gold and silver legal tender law; both were reported favorably. Additional bills passed included CS/SB 1440, which adds cybersecurity-related exemptions and reporting provisions for financial institutions, loan originators, and money service businesses, and CS/SB 1568, which creates a Florida Stable Coin Pilot Program allowing DFS fees to be paid with approved stablecoins. The stablecoin bill was amended to add guardrails, including fee limits, website notice requirements, and restrictions if no approved issuers are available. The committee also received a brief budget overview highlighting major funding items such as Florida Forever, Everglades restoration, water quality, Farmers Feeding Florida, citrus recovery, school lunches, state parks, and law enforcement and staffing items, and members later recorded additional votes before the committee adjourned.
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 22nd, 2026 at 02:41 pm

Senate Finance

Transcript Highlights:
  • I've leaned on our legislative branch quite a bit to solicit and help guide some of those letters of
  • So it really does take, I think, all three branches of government to really tackle this approach and
Bills: HB1
NM

New Mexico 2026 Regular Session

House - Chamber Meeting Jan 22nd, 2026 at 11:06 am

New Mexico House Floor Meeting

Transcript Highlights:
  • Families Commission to make policy for and direct the operations of a state agency of the executive branch
  • Families Commission to make policy for and direct the operations of a state agency of the executive branch
  • responsible. and direct the operations of a state agency of the executive branch responsible for child
Bills: HB1
KY
Transcript Highlights:
  • Um, we're happy to be here today to present on our judicial branch capital projects for the next biennium
  • Um, just to give you a background on the capital construction projects for the judicial branch of new
  • Appropriations are included in the judicial branch budget bill for use allowance, an annual use allowance
  • 36.079> bill<00:37:36.880> for<00:37:37.680> uh<00:37:37.839> use judicial branch
  • budget bill for uh use judicial branch budget bill for uh use allowance<00:37:39.040> uh<00:37
Summary: The Capital Planning Advisory Board opened its fourth meeting, confirmed a quorum, approved the prior meeting’s minutes by unanimous voice vote, and then heard information items and agency presentations. The main substantive presentation came from the Council on Postsecondary Education, which outlined its capital planning recommendations for the 2026–28 biennium. CPE staff described the role of Kentucky’s research and education network (Kron), including connectivity to cloud services, Internet2, identity services, and new local AI/inferencing capacity, and argued that the network is now essential to higher education, health care, and extension services. They said the network’s recent upgrades were driven by privacy, security, redundancy, and the need to support modern research and AI workloads at lower cost than commercial providers. CPE also presented its broader higher-education capital request: $700 million for asset preservation and $1.73 billion for new construction, for a total recommendation of about $2.4 billion. Staff said they do not plan to recommend IT projects or equipment in this cycle, despite reviewing 48 IT submissions totaling nearly $1.4 billion and equipment requests totaling $322.6 million. For asset preservation, they said the recommended allocation method would remain based on each institution’s share of Category 1 and 2 square footage, and they noted that the state’s prior facility assessment is now 12 years old, with deferred maintenance still estimated in the $7–9 billion range. For new construction, they said the requests are heavily focused on STEM and health-related facilities that are difficult to retrofit into older buildings. Board members asked about how asset-preservation amounts were determined, including why Northern Kentucky University’s request was much larger than its prior allocation. CPE staff responded that campus size, building age, and institutional prioritization affect the requests, and that schools are asked to submit more projects than are likely to be funded. The board then moved on to an Attorney General capital plan overview, where senior counsel Will Schroeder began describing the office’s technology needs and the office’s prior reliance on a 2020 appropriation to replace legacy systems and improve security.
MN

Minnesota 2025-2026 Regular Session

House Rules and Legislative Administration Committee 4/15/26

Rules and Legislative Administration

Transcript Highlights:
  • . branch. branch. $9<01:25:40.600> billion<01:25:40.960> of<01:25:41.520> fraud<
  • We have a job that we swore to uphold that we would hold the executive branch accountable.
  • We have a job that we swore to uphold that we would hold the executive branch accountable.
  • executive branch accountable if executive branch accountable if malfeasance<01:42:00.320> happens.
  • we would hold the executive branch we would hold the executive branch accountable.<01:42:19.360>
Bills: HF3900, HF1849
KY
Transcript Highlights:
  • We have one new executive branch board member appointed by the governor to welcome to the board today
  • is primarily responsible for the review, the assessment, and the enterprise ranking for executive branch
  • The capital project scoring committee included 10 scores from key executive branch entities.
  • <00:05:00.800> The<00:05:01.120> commonwealth branch entities.
  • The commonwealth branch entities.
Summary: The Capital Planning Advisory Board met with a quorum, approved the May 21 minutes, and welcomed a new executive branch member, Secretary Keith Jackson of the Justice and Public Safety Cabinet. The board also received two informational items: agency responses to prior questions and amendments made to capital plans after the last meeting. It then heard the Commonwealth Office of Technology’s report on executive branch IT capital project scoring, which reviewed 16 IT requests totaling about $330.5 million. COOT said projects were ranked through an independent panel using standardized criteria focused on feasibility, statewide alignment, readiness, impact, and risk; the CIO recommended moving an enterprise application and artificial intelligence inventory system from rank 11 to rank 4 because of its enterprise-wide impact and connection to Senate Bill 4. The Department of Military Affairs presented its capital plan, describing 43 million in projects for the current period and 13 projects totaling $65 million for 2026–2028, with most funding coming from federal sources and restricted agency funds and no general fund request in the latter period. Its projects included maintenance pool adjustments, a statewide Army master plan, the Somerset readiness center, Shelbyville and Ashland armories, a future home for the Kentucky Army National Guard band, and other facility upgrades. Members asked about the Somerset project’s cost growth and federal delay; the department said the project remains in conceptual design, is awaiting federal MILCON action, and would require a state match of about $9.8 million against $29.6 million federal funding if it is approved. Members also asked about staffing levels, and the department said state employee and Title 32 numbers have been relatively steady, while technician positions have declined. The Department of Veterans Affairs outlined seven projects for 2026–2028, led by a Radcliff Veterans Center HVAC replacement that needs an estimated additional $16 million to finish phase two after phase one was already funded. Other requests included a maintenance pool increase, renovations and exterior upgrades at Eastern and Western Kentucky veterans facilities, a cooling tower replacement at Thompson Hood, and parking lot and lighting improvements. The department said some projects were already in the six-year plan and that the Radcliff phase two could be bid in June 2026 if funded. Members confirmed that a columbarium wall project at Grayson is federally funded. The Kentucky Infrastructure Authority presented its six-year capital plan, citing more than $3 billion in loan commitments since 1988 and over $5 billion in supported infrastructure projects. KIA requested $298.439 million in the first biennium, including $27.742 million in state match for federal clean water and drinking water revolving funds, $25 million for its state Infrastructure Revolving Fund, $185.697 million in federal capitalization grants, and $30 million in leverage bond authorization for each year of the two federally assisted loan programs. Members asked about drinking-water quality, and KIA said that function is handled by the Energy and Environment Cabinet’s Division of Water, not KIA. KIA also said its loan rates currently range from 0.5% to 2.25%, averaging just under 1%, and that its revolving loan programs have had no defaults. The Tourism, Arts, and Heritage Cabinet began its presentation at the end of the transcript, with staff identifying themselves, but no project details or board action from that presentation were included in the excerpt.
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 9, 2026

Appropriations

Transcript Highlights:
  • Taiwan or other countries in East Asia and legislative members attended those with the executive branch
  • 00:04:52.320> executive attended those with the executive attended those with the executive branch
  • . branch. branch.
  • <00:06:43.280> agency impact of executive branch agency impact of executive branch agency
  • of new executive branch agency rules. of new executive branch agency rules.
Bills: HB0105, HB0107, SF0002