Transcript Highlights:

• <00:03:55.040> uh they could reduce their premium down. uh they could reduce their premium
• we've made in this committee, we have seen cutbacks in that increased wage premium.
• we've made in this committee, we have seen cutbacks in that increased wage premium.
• we've made in this committee, we have seen cutbacks in that increased wage premium.
• we've made in this committee, we have seen cutbacks in that increased wage premium.

Bills: HF3797, HF3780, HF4068, HF3935

Keywords: long-term care, insurance policy, healthcare, partnership policy, Minnesota, human services, wage increase, support workers, shared services, community first services, medical assistance, sanctions, healthcare services, monetary recovery, government accountability, assisted living, training, unlicensed personnel, resident rights, safety regulations

Transcript Highlights:

• So in a time of rising insurance premiums and decreased accessibility of health care, these low-cost
• But we believe the heart of this of saying, hey, where's your premium dollar going?
• When you have ...of saying, hey, where's your premium dollar going? Makes perfect sense.
• As we know, the cost of living is increasing throughout our state.
• The proposal here seeks to increase the deadline to 45 days.

Bills: S0266, S0394, S0540, S0632, S0642, S0832, S0834, S1028

Keywords: public adjuster, contract cancellation, state of emergency, vulnerable adults, disciplinary actions, financial regulation, information security, financial exploitation, licensing, transportation, insurance, TNC, ride-sharing, automobile liability, bail bond, insurance regulation, foreign insurers, financial disclosure, premium reporting, residential property insurance

Summary: The Committee on Banking and Insurance met with a quorum and took up several bills, beginning with SB 834 on insurance requirements for nonprofit religious organizations and health care sharing ministries. The bill repeals a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing fraud and disclosure protections; opponents said allowing agents and brokers could create consumer confusion and has been associated with bad actors. A title amendment was adopted, and after debate the committee reported the bill favorably. The committee also heard and passed SB 642, which extends reporting and duty requirements to foreign and alien bail bond insurers, and SB 394, a technical bill updating reinsurance intermediary manager law to match current DFS practice. SB 266, which lets vulnerable adults rescind public adjuster contracts without penalty, was reported favorably after testimony from supporters in the insurance and elder law communities and a public adjuster who said the intent was good but the bill may need refinement. SB 832, a residential property insurance transparency bill requiring rate breakdown reports and a consumer resource center, also passed after discussion about consumer clarity and whether the required cost categories can be compiled as written. Later, the committee approved SB 540, which creates cybersecurity requirements for mortgage and money service businesses, closes a regulatory gap for certain investment advisers, adjusts OFR examination-payment deadlines, changes de novo charter requirements, allows virtual credit union meetings, and makes other financial regulation updates. Several amendments were adopted, including a substitute amendment removing fintech sandbox provisions. Finally, SB 1028 on Citizens Property Insurance Corporation was reported favorably after debate over a commercial lines clearinghouse intended to reduce Citizens’ exposure and shift more business to the private market; members discussed taxpayer risk, market competition, and consumer protections. The meeting ended with adjournment.

Transcript Highlights:

• Um House File 4621 increases the per Um House File 4621 increases the per child<00:01:39.840> amount
• Today, many families are facing increasing financial pressure.
• Today, many families are facing increasing financial pressure.
• ,<01:09:47.120> a increase, vehicle sales tax increase, a increase, vehicle sales tax increase
• the vehicle tab fee, increased the vehicle sales tax, increased the retail delivery fee, increased the

Bills: HF4621, HF4123, HF4616, HF1183

Keywords: child tax credit, financial assistance, low-income families, state revenue, tax policy, net investment income, taxation, business income, self-employment, tax increase, wealth tax, fairness, public services, high-income earners, economic equity, Internal Revenue Code, employee classification, federal law, Minnesota statutes, 1183

Bills: SB88, SB337

Keywords: expungement, criminal records, courts, victim rights, rehabilitation, Alabama law, SB337, Montgomery County, probate judge, judge of probate, county officer compensation, salary increase, circuit judge parity, local legislation, county commission, general fund, public official pay, judicial compensation, Montgomery County Legislation, 1136

Transcript Highlights:

• It includes a significant increase in the standard deduction, which will save taxpayers a significant
• This will be a significant tax increase if we fail to pass it.
• This will be a significant tax increase if we fail to pass this bill.
• It increases our economy, it increases the tax revenue for the cities, for the schools...” “...that were
• The first bill, HB 2089, relates to our health insurance premium benefit.

Bills: HB2011, HB2089, HB2090, HB2092, HB2477, HB2785

Keywords: individual income tax, subtraction, Arizona Revised Statutes, retirement benefits, adoption costs, charitable contributions, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, education savings

Summary: The committee first heard House Bill 2785, a tax conformity measure that would update Arizona statutes to conform to the Internal Revenue Code as of January 1, 2026, including retroactive provisions for tax year 2025. The sponsor and supporters said the bill would align state law with tax forms already issued by the Department of Revenue, provide certainty to filers, and deliver about $440 million in tax relief through provisions such as no tax on tips and overtime, a larger standard deduction, and a $6,000 senior deduction. Opponents argued the bill would significantly reduce state revenue, disproportionately benefit higher-income taxpayers, and should be considered alongside a broader budget plan. After debate and an amendment addressing retroactivity and foreign dividends, the committee approved HB 2785 on a 5-4 vote. The committee then took up several Arizona State Retirement System and education savings bills. HB 2089 clarified the health insurance premium benefit subsidy for retirees and passed unanimously. HB 2090 changed the disability determination period for long-term disability benefits from 24 months within a five-year period to a straight 24-month period and passed 8-1. HB 2092 allowed employees over age 65 to waive ARS participation within 30 days of becoming eligible and also passed 8-1. HB 2477 conformed Arizona’s 529 education savings plan to federal law, including expanded uses and a permanent rollover to ABLE accounts and Roth IRAs; testimony supported the cleanup and simplification, but some members raised concerns about the Roth rollover and possible use of transferred ESA funds. HB 2477 passed 5-3 with one present vote, and the committee then adjourned.

Bills: SB 1468, SB 1612, SB 1789, SB 2530, SB 2571, SB 2717, SB 2967

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

Bills: SB 1468, SB 1612, SB 1789, SB 2530, SB 2571, SB 2717, SB 2967

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

Transcript Highlights:

• <00:40:50.040> from question do we know the increase from question do we know the increase
• have within a policy the more premium have within a policy the more premium you<00:46:42.720>
• He said the unsustainable pace at which health insurance premiums have increased has added to the financial
• would increase.
• care costs increase, they don't always increase at the same level.

Bills: HF747, HF1014, HF320, HF400

Keywords: corporate governance, shareholder rights, beneficial ownership, defective corporate acts, Minnesota Business Corporation Act, Minnesota Insurance Guaranty Association, MIGA, insurance guaranty fund, insurer insolvency, covered claim, net worth threshold, high-net-worth insured, financial information request, insurance claims, self-insured retention, deductible, commercial insurance, insurance regulation, Minnesota Statutes 60C.09, guaranty association

Transcript Highlights:

• And what I don't see here is how we're increasing the amounts or the dollars.
• <01:24:52.159> in significant and ongoing increase in significant and ongoing increase in
• But today's bills would ultimately decrease student support while hoping to increase safety funding.
• equitable and stable funding increasing equitable and stable funding of<01:27:53.040> our<01:
• <01:28:00.960> safety support while hoping to increase safety support while hoping to increase

Bills: HF3492, HF3493, HF3494, HF3495, HF3602

Keywords: school safety, grants, education funding, Northern Lights Express, security improvements, rural schools, safe schools, charter schools, nonpublic schools, Tribal education, funding increase, safe schools aid, school security, mental health support, Tribal schools, cybersecurity, funding, mental health, evidence-based plans, public safety

Transcript Highlights:

• <00:01:40.560> of<00:01:40.799> that are increasing the amount of that are increasing
• I brought forward this bill to increase I brought forward this bill to increase the<00:03:07.040
• Um, and if the increase is more than $100, the refund is essentially 60% of the increase above 12%.
• Um, and if the increase is more than $100, the refund is essentially 60% of the increase above 12%.
• increasing 6.8%. increasing 6.8%.

Bills: HF4119, HF3959, HF3792, HF3913, HF3752

Keywords: property tax, renter credits, co-pay, housing affordability, tax relief, homestead, tax refund, Minnesota, tax increase, financial relief, homeowners, AmeriCorps, taxation, individual income tax, living allowances, stipends, national service, tax compliance, revenue, analytics

Bills: HB424, SB286

Keywords: HB424, Montgomery County, sheriff, county sheriff, salary increase, expense allowance, local act, county general fund, retirement contributions, public official compensation, law enforcement pay, elected official salary, Montgomery County legislation, sheriff compensation, term-based salary, retirement system, Montgomery City Council, constitutional amendment, employees, service credit

Transcript Highlights:

• property or automobile rate filings require approval from the TDI Commissioner if the proposed rate increases
• Tax revenue, jobs, and labor wages would increase dramatically if, in fact, we would help send this industry
• There is a load expectation that is increasing by 70% over the next six years.
• realizing other benefits throughout the economy, including benefits to the state and local economy, increases
• Currently in Texas, we do not have anyone that can help our constituents reduce their demand and increase

Bills: SB1468, SB1612, SB1789, SB2530, SB2571, SB2717, SB2967

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

Transcript Highlights:

• Senate Bill 2530 does a number of additional reforms that exempts... from the insurance premium maintenance
• Ratepayers have had to pay $1.8 billion in premiums for reinsurance and have never drawn on it.
• We wouldn't be looking at having to increase the PML to cover these costs and these problems.
• It's a massive, massive increase.
• The growing amount because the overall amount of insurance needed increases.

Bills: SB1468, SB1612, SB1789, SB2530, SB2571, SB2717, SB2967

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

Transcript Highlights:

• . ...increases by an average of 20%.
• than premiums for widowed men.
• However, she found that her rates had increased by $280 a year.
• pay lower premiums.
• HB3265 would increase that and would add $90 million to $280 million in increased costs to these employers

Bills: HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432

Keywords: prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, HB 946, Texas Insurance Code, automobile insurance claims, oral release, written release, settlement agreement, claim release, property damage, bodily injury, psychological injury

Transcript Highlights:

• Better, and yet the premium never reflects that over time.
• The burden of increasing insurance costs should not be made worse.
• their premiums based solely on that change in marital status.
• That is an increase of 65%.
• He called the company directly, and they increased his premium by $200 a year when it was going to renew

Bills: HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432

Keywords: prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, HB 946, Texas Insurance Code, automobile insurance claims, oral release, written release, settlement agreement, claim release, property damage, bodily injury, psychological injury

Transcript Highlights:

• Texas's premium tax right now is 1.6 percent.
• From what I understand, that could be reflected in the premiums.
• premiums by passage of this bill.
• ERCOT warns us that the demand is increasing significantly.
• An increase in cost for inexpensive energy technology will only increase... ...costs for us ratepayers

Bills: SB458, SB819, SB1238, SB1642, SB1643, SB1644, SB1791, SB1810, SB1824, SB1825, SB758, SB1455, SB1706

Keywords: insurance appraisal, property insurance, auto insurance, homeowners insurance, residential property, disputed loss, loss valuation, appraisal clause, appraiser, umpire, Texas Department of Insurance, TDI, insurance dispute resolution, claims adjustment, total loss, windstorm insurance, FAIR Plan, surplus lines insurance, policyholder, insurer

Transcript Highlights:

• House Bill 4311 is Seeking to increase the portion of the treasurer's office receives of the unclaimed
• Since then, operating costs have increased significantly. 6% will allow them to cover the Increased cost
• So, even though it's an increase, there's no cost to the taxpayer.
• of bonuses and pay increase.
• Five-figure pay increases and bonuses should not be the norm for any agency.

Bills: HB3310, HB4311, HB3841, HB3024, HB3075

Keywords: purchasing, compliance, state employees, longevity pay, contract management, unclaimed property, service charges, property fund, accountability, government transparency, local development, economic impact, voter approval, tax increment financing, review committee, public finance, blight, salary increase, bonus limits, job performance

Transcript Highlights:

• receive or had dramatic cost increases receive or had dramatic cost increases and<00:02:08.479><
• <00:03:31.760> above documentation for rate increases above documentation for rate increases
• No business can sustain annual wage increases without service rate increases.
• We are not any rate increases.
• of wage increases and general inflation. of wage increases and general inflation.

Bills: HF2216, HF1978, HF2354, HF1963, HF1994, HF1995, HF1894

Keywords: assisted living, nursing home, long-term care, guardian, conservator, resident rights, arbitration, mandatory arbitration, consumer protection, fee increase, rate increase, price hike, private pay, public funds, Medicaid, waiver services, elderly, seniors, older adults, disability rights

Transcript Highlights:

• You're also not factoring in risk premiums and other things.
• So while we made a step forward to wiping them out, what this bill seeks to do is increase funding.
• You know, I think the real important thing is that we get the fund increased, which we did, but we need
• There's another fund that goes into GR that is based on insurance, but it's not on homeowner's premium
• It does not increase the overall amount of compensation available.

Bills: HB 104, HB2054, HB3459, HB3745, HB4486, HB4488, HB4601, HB104

Keywords: Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, HB 2054, Texas volunteer fire department assistance fund, Rural Volunteer Fire Department Assistance Program, volunteer fire departments, wildfire mitigation, wildland fire, rural fire protection, insurer assessment, insurance premium tax, state appropriations, firefighting grants, emergency services, high-risk wildfire areas, Texas Comptroller, Texas Government Code

Transcript Highlights:

• Premiums in their state increased, but not because of the birthday rule.
• In fact, they said the birthday rule had zero impact on their premium increase.
• And I just, I don't want to increase premiums overall when we're trying to do the opposite.
• Madam Chair, and Representative, So, premiums did increase. I think it was even 40% in Nevada.
• So anytime we see changes that have The prospect of increasing premiums, it's of concern for the premium

Bills: SB101, SB21, HM52, HB132, SB14, SB20

Keywords: SB 101, Health Care Delivery and Access Act, repeal of repeal, sunset repeal, delayed repeal, health care, healthcare, access to care, medical services, provider regulation, state health law, New Mexico, SB 21, Medicare supplement, Medigap, open enrollment, guaranteed issue, birthday month enrollment, health insurance, insurance regulation