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

Bills: SB1303 , SB1343 , SB1435 , SB1438 , SB1444 , SB1641 , SB1765 , SB1916 , SB2067

Committee: Senate Business and Insurance

Keywords: workers' compensation, workers comp, Oklahoma Workers' Compensation Commission, Administrative Workers' Compensation Act, self-insurance guaranty fund, multiple injury trust fund, physician advisory committee, advisory council on workers' compensation, workers' compensation court, insurance, employer liability, self-insured employer, fund transfer, records transfer, agency reorganization, statutory cleanup, technical corrections, Title 85A, SB1343, Vision Plan Contractual Requirements Act

Transcript Highlights:

• House File 1287 is a Virginia City Hall HVAC and window improvement project.
• , uninsulated windows that were completed in 1957.
• A Virginia City Hall HVAC and window improvement project.
• , uninsulated windows that were completed in 1957.
• We are requesting $2.5 million to support the Virginia City Hall HVAC and window improvement project,

Bills: HF2178 , HF942 , HF2470 , HF1043 , HF1287 , HF1229 , HF1230 , HF424 , HF571 , HF404 , HF910 , HF1055 , HF318 , HF319 , HF401 , HF609 , HF306 , HF1599 , HF1881

Committee: House Capital Investment

Keywords: HF2178, Cohasset, capital investment, bonding bill, state bonds, public infrastructure, water tower, water infrastructure, sanitary sewer, storm sewer, street reconstruction, municipal infrastructure, Public Facilities Authority, bond proceeds fund, Minnesota bonding, local government aid, utility infrastructure, public works, infrastructure, stormwater

Transcript Highlights:

• Window-mounted units pose a risk.
• Window mounted units pose a risk.
• cause long-term property damage when... hardware into window frames that void window warranties and
• You have a brokerage, a large brokerage, Compass, and their CEO, Robert Reffkin, wanting to put this
• As a small brokerage, I cannot compete against a larger brokerage with the private listing network.

Summary: The Senate Housing Committee heard public testimony on several bills. SB 6091 would prohibit real estate brokers from marketing residential properties to limited or exclusive groups unless the listing is also marketed to the general public and all brokers, with exceptions for health or safety and private party sales. The sponsor and supporters, including Washington Realtors, Habitat for Humanity, Zillow, the Fair Housing Center, and others, said the bill promotes transparency, competition, and fair housing by preventing “pocket listings” and insider access. Opponents, including Compass representatives and some brokers, argued it would limit homeowner autonomy, harm privacy-sensitive sellers such as seniors, and create legal risk for brokers; the Attorney General’s office said it supported the competitive goal but wanted a different enforcement mechanism than WLAD. The committee later closed testimony on SB 6091 without taking final action in the hearing. The committee also heard SB 6200, which would allow tenants and residents in manufactured home communities to install portable cooling devices, subject to safety, code, and electrical restrictions, and would require landlords to notify tenants of their rights and limitations. The prime sponsor and many public health, tenant, and climate advocates said the bill is needed to prevent heat-related illness and death during extreme heat events, especially for renters in older or low-income housing who lack built-in cooling. Landlord and property management groups supported the idea of portable floor units but raised concerns about window-mounted devices, citing fall hazards, property damage, and insurance issues. Testimony emphasized that the bill includes liability protections for landlords and is intended as a narrow public health measure. The committee then heard SB 6096, which would require cities and towns collecting water and sewer connection charges to offer a deferred payment option for qualifying residential construction until final inspection or certificate of occupancy. The sponsor and builders’ groups said deferral would reduce upfront financing costs and help housing production. Cities and utility districts opposed the bill, arguing it shifts financial risk to utilities and ratepayers, complicates infrastructure planning, and could delay or reduce needed system investments. Finally, the committee heard SB 6153, which would create a senior independent housing ombuds program, require registration of senior independent housing facilities, and make certain landlord-tenant violations subject to Consumer Protection Act enforcement. The sponsor said the bill responds to complaints from seniors in independent living settings who lack an ombuds or other practical recourse, while staff noted the bill carries an estimated $4.4 million biennial fiscal impact.

Transcript Highlights:

• I think for most of us the feedback I've generally gotten on testing is not so much the testing window
• And that that that window of time has several things.
• the first nine weeks, and so I think it's really important that we be able to maintain that testing window

Bills: HB2210 , HB2398 , HB2959 , HB3006 , HB3026 , HB3151 , HB3315 , HB3372 , HB3467 , HB3590 , HB4268 , HB4359 , HB4427

Committee: Senate Education

Keywords: youth apprenticeship, career education, workforce development, high school programs, mentorship, vocational training, state oversight, credential of value, education, labor market, government reporting, school abuse reporting, child abuse, neglect, mandatory reporting, student safety, school employee misconduct, administrator reporting, superintendent, law enforcement notification

Transcript Highlights:

• state, no cases—zero cases—have been brought against an appraiser outside of the proposed five-year window
• Outside of the proposed five-year window that is proposed in this bill, yet appraisers are required to
• I believe private exclusive listing networks are poised to drive brokerage consolidation.
• We need to bring this bill forward because there is a large brokerage, Compass, and you've heard from
• Real Estate brokerage was going to make them the largest brokerage in the country.

Summary: The Consumer Protection and Business Committee heard public hearings on several bills related to real estate, self-storage, and consumer disclosures. House Bill 2477 would shorten the time to bring claims against appraisers arising from appraisal reports to two years from discovery or five years from signing, except fraud claims, and would limit liability to specified clients and intended users. The sponsor and appraiser witnesses said the bill would reduce long-tail liability, lower insurance and recordkeeping burdens, and help attract new appraisers; no opposition testimony was heard in the excerpt. House Bill 2512 would prohibit real estate brokers from marketing residential properties to exclusive groups unless the property is also publicly marketed. Supporters, including Washington Realtors, Zillow, Habitat for Humanity, Windermere, and others, said it would promote transparency, competition, and fair housing; opponents argued it could limit homeowner privacy and autonomy, and the Attorney General’s office said the Washington Law Against Discrimination already covers discrimination concerns and objected to placing enforcement in that statute. House Bill 2240 would modernize self-storage rental agreements by allowing electronic execution, deeming continued use after notice as acceptance, and setting notice and disposal rules after termination or nonrenewal; storage industry witnesses supported the bill as clarifying safety and notice procedures, while an advocacy witness opposed it as harmful to unhoused people and others who rely on storage units. House Bill 2465 would require a water recreation safety guide for short-term rentals with pools or similar facilities; the sponsor and hospitality industry supported it as a low-cost safety measure, while cities raised implementation concerns and asked for an amendment on where the guide would be posted. House Bill 2501 would update a seller disclosure notice to reflect the Pollution Liability Insurance Agency’s shift from a no-cost insurance program to a loan-and-grant remediation program, and it drew support as a technical correction. House Bill 2624 would exempt public entities, tribes, and nonprofit land conservancies from the 2025 “solicited real estate transactions” appraisal and notice requirements; conservation groups and the Department of Natural Resources supported it as necessary to preserve land acquisition and grant funding, and the sponsor described it as a cleanup bill. The committee then moved into executive session and took action on two liquor-related bills. House Bill 2536, allowing wineries to hold a spirits, beer, and wine restaurant license or beer/wine restaurant license at one location, was moved out of committee with a due pass recommendation by a 14-1 vote. House Bill 2476, modifying the spirits, beer, and wine theater license, was amended via a proposed substitute that restored the 120-seat-per-screen limit except for theaters admitting only patrons 21 and older; the substitute was reported out with a due pass recommendation by a 13-2 vote. Members discussed the balance between business flexibility and concerns about alcohol access in family settings and recovery communities.

Transcript Highlights:

• He puts his brokerage on his shirt. He has it embroidered. He wears that every single day.
• We don't personally, but what if we had our brokerage on the side of our car?
• He puts his brokerage on his shirt. He has it embroidered. He wears that every single day.
• We don't personally, but what if we had our brokerage on the side of our car?
• The follow-up physician exam reverts to a 12-hour window instead of the 24-hour window allowed in the

Bills: HB256 , HCR19 , SB2101 , SB2334 , SB2633 , SB2637 , SB2713 , SB2781 , SB2782 , SB3059 , HB 1130

Committee: Senate State Affairs

Summary: The committee first reopened public testimony on Senate Bill 2713, which concerned protections for freedom of conscience in the context of Realtor association discipline. Texas Realtors representatives testified that their organization is a separate Texas legal entity but affiliated with the National Association of Realtors through a charter and code of ethics. They said Texas Realtors is neutral on SB 2713, that their ethics process is focused on fair housing and equal professional service, and that they have not suspended or terminated anyone in Texas for religious or political speech. Senators pressed them on whether national standards could override Texas law and on examples from other states; the witnesses said state and federal law control and that they would comply with Texas law if the bill passed. Public testimony then closed and SB 2713 was left pending. The committee then took up Senate Bill 1698 on e-cigarettes. Senator Parker explained a committee substitute that tightened enforcement, required distributor registration, expanded regulation to nicotine from any source, added restrictions on child-appealing packaging, authorized inspections and audits, and set compliance deadlines later in 2025 and 2026. After questions, the substitute was adopted and SB 1698, as substituted, was reported favorably to the full Senate on a 6-0 vote, with a recommendation for the local and uncontested calendar. Next, the committee considered Senate Bill 2487 on crisis and mental health facilities. Senator Parker described a substitute that renamed the program a crisis service model, allowed multiple county facilities, added local siting limits, expanded staffing options, shortened clinical timelines, required discharge referrals, directed law enforcement and EMS to transport people there first, and created local boards and expanded reporting. The substitute was adopted and the bill was reported favorably on a 6-0 vote, also recommended for the local and uncontested calendar. Senate Bill 2819, dealing with political activities of county elections administrators, was then reported favorably on a 6-0 vote and likewise sent to the local and uncontested calendar. Senate Bill 2043 was withdrawn. The committee spent substantial time on Senate Bill 2101, which would require municipal public libraries to move sexually explicit materials out of minors’ sections and impose age-verification and review requirements. Supporters argued the bill would protect children from explicit material in public libraries and that libraries should not be left to self-regulate. Opponents, including librarians, parents, authors, and ACLU representatives, argued the definitions were vague, the bill would be costly and burdensome for small libraries, could function as a book ban, and would restrict teens’ access to classics, research materials, and other books. Several witnesses said parents should make those decisions, not the state. The bill’s author said the committee substitute was still being worked on and asked witnesses to review it; public testimony remained open in the portion provided, with no final action on SB 2101 shown.

Transcript Highlights:

• Do you still see the application windows option?
• was recruited by two bank-owned brokerages to frankly rebuild bank-owned insurance.
• was recruited by two bank-owned brokerages to frankly rebuild bank-owned insurance. ...brokerages, one
• Certain things for windows and other building structures.
• So it's nice we get a long window so we can look at before and after how those changes evolve.

Committee: House Consumer Protection & Business

Summary: The committee held a work session on earthquake insurance and later on Washington State Institute for Public Policy (WSIPP) cannabis and I-502 research. The Office of the Insurance Commissioner explained that earthquake coverage is usually excluded from standard property policies, is expensive, and often carries very high deductibles. Staff also described admitted versus surplus line insurers, and introduced parametric insurance and captive insurance as specialized risk-transfer tools mainly used by commercial and sophisticated buyers. OIC data showed about 226,000 admitted earthquake policies in 2023, with most personal policies concentrated in the Puget Sound and Vancouver areas and commercial endorsements more broadly distributed. A second panel, including insurance and banking representatives, focused on potential catastrophic earthquake exposure for commercial buildings and collateralized loans. They argued that many commercial properties may lack earthquake coverage, leaving banks and the broader economy exposed if owners default or surrender damaged properties after a major quake. They discussed the Nisqually earthquake, the Cascadia subduction zone, building age, soil and slope conditions, retrofit standards, pollution remediation, and the need for property resilience assessments and inventories of vulnerable buildings. Members asked about consumer impacts, affordability, education, and whether legislation like prior work on unreinforced masonry buildings could help reduce risk; the Washington Bankers Association said earthquake insurance is costly and that affordability is a major concern. Committee members also discussed inventories and risk assessment efforts, including state geologist work on school buildings and whether similar approaches could be extended to nearby private structures. The presenters said banks likely have good inventories of their collateral but may not know which properties are most vulnerable to earthquake damage. The discussion ended with a request for follow-up information on consumer education and disaster planning resources. WSIPP then presented its long-running evaluation of Initiative 502 and cannabis legalization. Staff explained WSIPP’s nonpartisan role and its legislatively directed 20-year study, with final benefit-cost work due in 2032. The presentation summarized prior findings that cannabis misdemeanor convictions dropped sharply after legalization, though racial disproportionalities persisted at lower absolute levels. WSIPP also reported that shorter drive times to cannabis retailers were associated with higher reported adult cannabis use, more fatal traffic crashes involving local drivers, higher THC-positive rates among blood-tested crash drivers, and higher cannabis use disorder diagnoses and co-occurring substance use disorder diagnoses among Medicaid enrollees. For high school students, nearby retail access was associated with more reported use, more unexcused absences, and a lower likelihood of graduating on time. In the newest 2025 Medicaid study, WSIPP said retailer openings were associated with higher cannabis use disorder diagnoses, hospitalizations, inpatient treatment, and co-occurring mental health diagnoses, while emphasizing that the analyses show associations rather than direct causation and that results are specific to Medicaid enrollees.

Bills: SB143 , SB144 , SB145 , SB152 , SB153 , SB154 , SB162 , SB226 , SB146 , SB143 , SB144 , SB145 , SB152 , SB153 , SB154 , SB162 , SB226 , SB146

Committee: Senate Finance and Taxation General Fund

Keywords: SB143, solid waste, garbage collection, trash fees, refuse collection, municipal fees, county fees, fee exemption, veterans benefits, veteran household, disabled veteran, VA benefits, Social Security exemption, low-income households, poverty level, county commission, municipal governing body, Alabama solid waste law, certificate of exception, public health

Transcript Highlights:

• I ask that the filing window be extended to at least five years, as it takes time for people to obtain
• I also ask that a lookback window be created to allow legitimate meritorious claims to be reviewed.
• I also ask that a lookback window be created to allow legitimate meritorious claims to be reviewed.
• I also ask that a lookback window be created to allow legitimate meritorious claims to be reviewed.
• We don't need or want to have another brokerage account. We have a brokerage account.

Summary: The committee held public hearings on several bills. On House Bill 2354, relating to common interest communities under WUCIOA, staff explained that the proposed substitute would exempt small middle-housing communities from most WUCIOA provisions, exempt certain middle-housing communities from reserve studies if wastewater-related reserve components are not needed, raise the audit threshold from $50,000 to $100,000 in annual assessments, and prevent governing documents from shifting maintenance costs for EV chargers and heat pumps away from the unit owner. Representative Reed and a Community Associations Institute witness supported the bill as a set of cleanup changes tailored to smaller communities, and there were no questions or opposition noted. The committee then heard House Bill 2412, which would add a ninth Superior Court judge in Yakima County. Representative Mendoza and Yakima County officials and judges testified that the county has had eight judges since 1998 despite major population growth, rising filings, and a backlog of more than 2,800 cases older than two years. They said the county can accommodate the new judge physically and has budgeted its share of the cost. The bill was supported as a way to reduce delays, protect speedy-trial rights, and improve access to justice, and the hearing was closed without opposition testimony. House Bill 2500, concerning transfers of beneficiary-designated property to charities, would require holders such as financial institutions or insurers to notify charitable beneficiaries within 10 days of the owner’s death, allow charities to submit an affidavit to claim the property, require transfer within 30 days, and bar holders from demanding personal information or requiring charities to open accounts or wait on other beneficiaries. Charitable organizations strongly supported the bill, describing long delays and invasive paperwork, while credit unions and bankers raised concerns about identity verification, fraud risk, and the 30-day deadline. The committee then heard House Bill 2595, which would extend the time limit for collateral attacks on criminal judgments from one year to three years and allow the Office of Public Defense to provide direct representation in those matters. Supporters, including incarcerated individuals, defense-related advocates, and the League of Women Voters, argued the current deadline is too short for pro se prisoners and juvenile offenders to discover and litigate claims; prosecutors and victim advocates opposed it, citing finality, workload, and harm to victims. Finally, House Bill 2597 would create a state civil cause of action for violations of federal constitutional rights during civil immigration enforcement, with damages, fees, and a three-year limitation period. The sponsor and supporters framed it as an accountability measure for constitutional violations, while law enforcement and other opponents warned about unclear definitions, immunity issues, and unintended consequences. The hearing on HB 2597 was concluded, and the committee noted an executive session on the bill would occur later.

Transcript Highlights:

• There's a 30-day window in there to provide financial statements if you're not giving paycheck evidence
• There's a 30-day window in there to provide financial statements if you're not giving paycheck evidence
• There's a 30-day window in there to provide financial statements if you're not giving paycheck evidence
• There's a 30-day window in there to provide financial statements if you're not giving paycheck evidence
• firm uh or signed to the brokerage firm uh or signed to the condominium<01:23:55.560><c> associations

Committee: House Housing

Summary: The Housing Committee heard testimony on several housing-related bills. On SB 26, SD 2, relating to affordable housing, the Office of Planning and Sustainable Development explained a prior transit-oriented development study that identified roughly 59,000 possible units and about 25,000 affordable units from known projects, and said the bill would help fill gaps by evaluating additional public lands for housing suitability and possible co-use with existing facilities. Members asked about the need for resources and staffing to do that work, and OPSD said it would need time and consultant support to carry it out. Testimony on the bill included support from state and county housing agencies and comments from planning and land use entities. On SB 66, SD 2, relating to housing and historic preservation review, SHPD and OHA both testified. SHPD said the bill would not override existing burial-site protections and that county staff with proper qualifications could make historic-property determinations locally, while OHA asked for clearer language requiring consultation when Native Hawaiian historic sites are involved and clearer procedures if an adverse effect is found. Committee members and SHPD discussed whether the bill should explicitly preserve existing Chapter 6E processes, whether counties have qualified staff, and how quickly a county would have to decide if it cannot complete the review itself and must use a third-party reviewer. Supporters said the measure could speed permitting and keep decisions local; one opponent argued it could rush approvals and strain infrastructure. The committee also heard support from housing, construction, business, and food-industry groups, and opposition from some preservation and community advocates. The committee then heard SB 332, SD 1, on foreclosure-related protections, with testimony focused on Lānaʻi and concerns about speculative real estate after the foreclosure moratorium ended. SB 414, SD 2, on restoring access to disaster-affected areas, drew support from HHFDC, DHS, and the Maui Chamber; HHFDC noted DOH plans for a temporary paved access road to the Kayola temporary housing site and said agencies were discussing which parcels would be needed. On SB 102, SD 2, relating to affordable housing and third-party historic review, SHPD said it would need to do more upfront screening and that the bill’s timelines and third-party provisions should be clearer; OHA said the measure should include a sunset and better staffing, and asked that the department fill positions to meet review demand. No votes or final committee actions were reported in the transcript.

Transcript Highlights:

• I ask that the filing window be extended to at least five years, as it takes time for people to obtain
• I also ask that a look-back window be created to allow legitimate meritorious claims to be reviewed.
• I ask that the filing window will be extended to at least five years as it takes time for people to obtain
• So donors are encouraged to use these types of retirement accounts and brokerage accounts because it
• We don't need or want to have another brokerage account. We have a brokerage account.

Bills: HB2095 , HB2500 , HB2412 , HB2595 , HB2354 , HB2597

Committee: House Civil Rights & Judiciary

Keywords: public safety, vulnerable users, pedestrians, protected classes, transportation, charitable organization, charity, nonprobate transfer, beneficiary designation, life insurance, retirement account, payable on death, POD account, transfer on death, TOD, financial institution, insurance company, transfer agent, estate planning, donor intent

Transcript Highlights:

• Do you still see the application Windows option? Do you still see the application Windows option?
• was recruited by two bank-owned brokerages to frankly rebuild bank-owned insurance.
• Certain things for windows and other building structures.
• Certain things for windows and other building structures.
• So it's nice we get a long window so we can look at before and after how those changes evolve.

Summary: The committee heard a work session on earthquake insurance, beginning with background from the Office of the Insurance Commissioner. OIC staff explained that earthquake and earth movement are generally excluded from standard property policies, that earthquake coverage is usually purchased through endorsements or standalone policies with high deductibles and relatively high premiums, and that surplus lines are a limited backstop market not covered by the state guarantee fund. They also described parametric insurance and captive insurance as more specialized products generally suited to commercial or governmental buyers rather than ordinary consumers. A second panel of insurance and banking experts focused on commercial earthquake exposure, especially for older buildings, collateralized loans, and potential knock-on effects to banks and consumers if a major quake caused widespread damage. Members asked about consumer impacts, mitigation incentives, inventories of vulnerable buildings, and whether legislation such as prior work on unreinforced masonry could help reduce risk. The Washington Bankers Association said earthquake insurance is expensive and that affordability is a major concern, while also noting banks participate in disaster-recovery planning and would be affected by major regional losses. No votes or formal actions were taken. The committee then received a presentation from the Washington State Institute for Public Policy on its cannabis and Initiative 502 research. WSIPP staff described the agency as a nonpartisan research institute that conducts legislative-directed studies and explained that its long-term I-502 assignment includes periodic reports leading to a final benefit-cost evaluation in 2032. Staff summarized findings from a 2023 report showing that cannabis possession convictions fell sharply after legalization, though some racial disproportionalities persisted, and that closer retail access was associated with higher reported adult cannabis use, more fatal traffic crashes involving drivers from nearby areas, and higher rates of cannabis use disorder diagnoses among Medicaid enrollees. A 2023 youth-focused report found that students attending schools near retailers were more likely to report cannabis use, had more unexcused absences, and were less likely to graduate on time. In the newest 2025 Medicaid study, staff said retail access was associated with higher probabilities of cannabis use disorder diagnoses, related hospitalizations, inpatient treatment, and co-occurring mental health diagnoses, with event-study analysis suggesting the increases appeared after retailers opened rather than before. Members asked about racial disproportionality, the meaning of cannabis use disorder diagnoses, THC and impairment, whether the findings reflected medical versus recreational use, and how the results should be interpreted in light of broader trends and data limitations. No formal committee action was taken.

Transcript Highlights:

• </c> talk about the self-directed brokerage talk about the self-directed brokerage account.<00:05:03.840
• window to purchase what you would like to purchase.
• Um self-directed brokerage All right.
• </c><00:08:44.720><c> window</c><00:08:45.040><c> to</c> balance into um that brokerage window to balance
• into um that brokerage window to purchase<00:08:45.519><c> what</c><00:08:45.760><c> you</c><00:08:46.160

Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.

Bills: SJR47 , SB1491 , SB1579 , SB1806 , SB1552 , SB483 , SB63 , SB137 , SB346 , SB514 , SB1344 , SB1360 , SB1380 , SB1437 , SB1189 , SB1217 , SB1221 , SB1262 , SB1272 , SB1325 , SB1339 , SB201

Keywords: voter ID, elections, constitutional amendment, Oklahoma, proof of identity, presidential electors, vacancies, oath of office, political party, property tax, valuation increase, taxpayer rights, homestead, protest process, foster care, adoption assistance, transitioning youth, Department of Human Services, voluntary services, county home rule charter

Bills: SJR47 , SB1491 , SB1579 , SB1806 , SB1552 , SB483 , SB63 , SB137 , SB346 , SB514 , SB1344 , SB1360 , SB1380 , SB1437 , SB1189 , SB1217 , SB1221 , SB1262 , SB1272 , SB1325 , SB1339 , SB201

Keywords: voter ID, elections, constitutional amendment, Oklahoma, proof of identity, presidential electors, vacancies, oath of office, political party, property tax, valuation increase, taxpayer rights, homestead, protest process, foster care, adoption assistance, transitioning youth, Department of Human Services, voluntary services, county home rule charter

Transcript Highlights:

• Self-directed brokerage accounts, it was passed last year. That 40,000 account balance.
• window to purchase what you would like to purchase.
• Um self-directed brokerage All right.
• </c><00:08:40.479><c> window</c><00:08:40.800><c> to</c> balance into um that brokerage window to balance
• into um that brokerage window to purchase<00:08:41.279><c> what</c><00:08:41.519><c> you</c><00:08:41.919

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:

• These arrangements function similarly to brokerage accounts.
• These arrangements function similarly to brokerage accounts.
• The controller made a reference to brokerage accounts.
• And although there's a lot of differences between a brokerage account and an account in a cryptocurrency
• You have that three-year window. But what will actually qualify? Year window.

Committee: House Banking and Finance

Transcript Highlights:

• And I think one example, you look out the window here and see the new State House that we're only months
• And I think one example, you look out the window here and see the new State House that we're only months
• And I think one example, you look out the window here and see the new State House that we're only months
• </c><00:25:21.840><c> look</c><00:25:22.000><c> out</c><00:25:22.080><c> the</c><00:25:22.240><c> window
• </c> one example, you look out the window one example, you look out the window here<00:25:22.480><c>

Bills: SB146 , SB143 , SB144 , SB145 , HB224 , SB152 , SB153 , SB154 , SB162 , SB226 , SB146 , SB143 , SB144 , SB145 , HB224 , SB152 , SB153 , SB154 , SB162 , SB226

Committee: House Ways and Means General Fund

Keywords: supplemental appropriation, FY2025 budget, general fund, Alabama State Board of Public Accountancy, Unified Judicial System, court automation, advanced technology and data exchange, judiciary funding, transportation debt service, highway bonds, bridge bonds, Alabama Department of Transportation, ALDOT, public highways, federal matching funds, state appropriations, bond principal and interest, special funds, budget amendment, SB143

Transcript Highlights:

• These arrangements function similarly to brokerage accounts.
• The controller made a reference to brokerage accounts.
• And although there's a lot of differences between a brokerage account and an account in a cryptocurrency
• You have that three-year window. But what will actually qualify? Year window.

Summary: The Assembly Banking and Finance Committee held an informational hearing on digital asset innovation, with opening remarks framing cryptocurrencies, blockchain, stablecoins, tokenization, and decentralized finance as a growing part of the financial system. Dennis Porter of Satoshi Action Fund presented on the market size, institutional adoption, use cases such as remittances and small-business payments, and policy developments at the federal and state levels. He also discussed risks including volatility, cybersecurity, and illicit use, while arguing that clear regulation can support innovation and consumer protection. State Controller Malia Cohen then updated the committee on implementation of SB 822, California’s unclaimed digital asset law. She explained that the law applies to custodial accounts, not self-custodied wallets, and requires holders to conduct outreach before dormant digital assets are transferred to the state in native form. Committee discussion focused on how abandonment is determined, what counts as account activity, the expected timeline for notices and custodian procurement, and the administrative costs and staffing needed to run the program. Controller staff said the state is still building procedures, working with Oregon, and expects a significant increase in claims once the program is operational. Porter returned with a proposal for a California digital asset reserve fund built on unclaimed digital assets under SB 822. He argued the fund could be cost-neutral, use only high-quality digital assets, and include guardrails such as an advisory board, audits, and public reporting. Committee members expressed interest in diversification and consumer protection, but also raised concerns about volatility, documentation, and market downturns. The hearing ended after public comment from industry and advocacy representatives, including support from the California Blockchain Advocacy Coalition, the Crypto Council for Innovation, and Coinbase, all urging clear, technology-neutral policy to keep innovation and jobs in California.