Video & Transcript Research : 'realized gains'

Page 2 of 500
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 4th, 2026 at 09:00 am

Washington Senate Floor Meeting

Transcript Highlights:
  • Father, we realize that in a world that is marred by sin, there will always be problems to overcome.
Summary: The Senate opened with roll call, the Pledge of Allegiance, prayer, and approval of the previous day’s journal. It received a House message that the House had passed second engrossed substitute Senate Bill 5010, and then took up Senate Resolution 8700 honoring Yolanda Cortinas Trout Manuel for her community service, business leadership, and public service. Senator Fortunato sponsored the resolution and spoke warmly in support, and the Senate adopted it by voice vote and recognized the guest in the gallery. The chamber then confirmed Gubernatorial Appointment No. 9142, Maria Seguyenza to the Western Washington University Board of Trustees, after supportive remarks from Senators Bateman and Wilson-Clair. The Senate also passed Substitute House Bill 2248, described as a technical cleanup bill for Secretary of State corporate filings, and House Bill 2309, which removes postgraduate degree requirements for certain state jobs to broaden applicant pools. House Bill 2348 passed as a Department of Natural Resources efficiency measure allowing smaller land sales to be posted online and clarifying fair-market-value requirements. The Senate deferred Second Substitute House Bill 1128 at first, then later adopted a striking amendment and passed the bill as amended. The bill creates a child care workforce standards board to study workforce conditions and make recommendations; several proposed amendments by Senator King to add child-safety training language, add an expiration date, and narrow the board’s scope were rejected. Supporters said the board would professionalize child care work and improve wages and standards, while opponents argued it would add government and costs without solving affordability. The Senate also passed Engrossed Second Substitute House Bill 2523 on the Community Reinvestment Program, with supporters emphasizing accountability, periodic review, and an independent study, and passed Substitute House Bill 2428 to prevent unintentional lapses in life insurance policies by allowing third-party notices. Finally, the Senate passed House Bill 2340, expanding the CARES substance use disorder recovery program to nursing assistants, and Engrossed House Bill 2317, which streamlines licensing for Early Childhood Education and Assistance Program sites in certain educational settings. Most bills passed by wide margins, though Second Substitute House Bill 1128 passed with a narrower 28-19 vote. The Senate then recessed for lunch and caucus.
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 4th, 2026

Washington Senate Floor Meeting

Transcript Highlights:
  • We realize that all of the individuals we're talking about have developmental disabilities.
  • Dozier, Fortunato, Brain, Gildon, Gain, Gailon, Gainer, Hanson, Harris, Hasegawa, Hussigawa, Hunt.
  • Realize how far that is. Thank you, Mr. President. Further remarks, Senator Fortunato.
Summary: The Senate took up a series of House bills, often suspending the rules to move measures directly to final passage after brief debate. Messages from the House reported signed bills being transmitted, and the Senate later signed several measures in open session. The chamber also excused a few members from voting on specific bills. Among the first major actions, Engrossed Substitute House Bill 2508, clarifying the scope and authority of the Office of Independent Investigations, passed 44-4 after supporters described it as a technical housekeeping bill and opponents raised concerns about overlapping investigations. Engrossed Substitute House Bill 1408, which dedicates 20% of sales tax revenue from the two large stadiums to a community preservation and development authority in South Downtown/Pioneer Square/Chinatown International District, passed 47-1 after supporters emphasized reinvestment in historic buildings and neighborhood safety. Engrossed Substitute House Bill 1500, requiring more complete resale certificates for common interest communities and homeowners associations, passed 39-9 after a successful amendment clarifying litigation language. Substitute House Bill 1570, allowing collective bargaining for certain student employees at public institutions, failed an amendment to remove the emergency clause and then passed 29-19 despite objections that it blurs student and employee roles. The chamber then debated Substitute House Bill 1390, which repeals the Community Protection Program and directs DSHS to transition participants into other developmental disability services. Numerous amendments sought to preserve restrictions, add assessments, or create liability protections, but most were rejected; the committee striking amendment updating agency names and dates was adopted. The bill passed 29-20 after a lengthy, emotional debate over whether the program protects public safety or unfairly restricts people with developmental disabilities, with supporters citing civil rights concerns and opponents warning about risks to vulnerable residents and the lack of a detailed transition plan. Other measures passed with broad support, including Substitute House Bill 2114 on defective license plates (48-0), Engrossed Substitute House Bill 2471 on collective bargaining if the NLRB loses authority (31-18), House Bill 1069 on bargaining over supplemental retirement contributions for Department of Corrections employees (31-18), House Bill 2441 expanding medical premium reimbursements for surviving spouses of line-of-duty deaths (49-0), and Engrossed Third Substitute House Bill 1710 adding preclearance requirements under the Washington Voting Rights Act, which drew debate over local control and litigation but had not yet reached a final vote by the end of the transcript.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Mar 2nd, 2026 at 10:30 am

Ways & Means

Transcript Highlights:
  • Next bill, House Bill 1376, which authorizes taxpayers to prepay their capital gains taxes up to six
  • Amendment No. 67 offered by Senator Frame, which modifies the definition of federal net long-term capital gains
  • authorized tax pay And next bill, House Bill 1376, which authorized taxpayers to prepay their capital gains
  • number 67 offered by Senator Fraym, which modifies the definition of federal net long-term capital gains
  • House Bill 1376, concerning the prepayment of capital gains taxes.
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 6th, 2026 at 01:25 pm

Washington Senate Floor Meeting

Transcript Highlights:
  • House Bill 1376, the Secretary will read: An act relating to the prepayment of capital gains tax six
  • It's a good little bill that will allow prepayment of your capital gains income tax six months early,
  • President, Washington State taxpayers have a unique tax benefit to reduce their capital gains liability
  • , and the prepayment of tax helps them realize that.
  • Gaines. Hanson. Aye. Harris. Osagawa. Aye. Oli. Hunt. Hunt. Haunt. Kauffman. Bing. No. No.
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 5th, 2026

Washington Senate Floor Meeting

Summary: The Senate considered and passed several House bills. HB 2624, relating to consumer protections for unsolicited real estate transactions for public purposes, was amended with a striking amendment from the Business, Trade, and Economic Development Committee and then passed 30-18, with Senator Dozier voting no and saying the bill still needed work. HB 2104, which makes permanent aviation assurance funding for wildfire response by removing a sunset clause, passed 47-0 with two excused after Senator Short urged support based on its wildfire-fighting value. The Senate also adopted an amendment to Substitute HB 2334, which addresses cash transactions and rounding to eliminate the need for pennies, adding language that customers with exact change must be able to pay exact change. The bill passed 45-2, with Senator Frame describing it as permissive guidance for businesses and Senator Dozier supporting it humorously; Senator Gainer voted no. HB 2436, concerning requirements for oil tankers operating in restricted waters and clarifying tugboat horsepower standards to match current practice, passed 46-1 after support from Senator Lovelett and Senator King. Finally, Engrossed HB 2575, reducing certain reporting obligations under environmental or energy laws, passed 47-0 with two excused. Senator Schumaker said it would save administrative costs for the Department of Commerce and utilities and free up money for low-income energy assistance. The Senate then adjourned until the next day.
HI
Transcript Highlights:
  • So this bill would close that loophole and for these super large estates which have property that gained
  • which have these super large estates which have property<00:16:46.240><c> that</c><00:16:46.520><c> gained
  • /c><00:16:47.000><c> least</c><00:16:47.360><c> $2</c><00:16:47.560><c> million</c> property that gained
  • at least $2 million property that gained at least $2 million in in in in<00:16:50.320><c> extra</c><
  • I realize and I acknowledge that there are still issues with having taxpayers who need tax relief the
MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 3/2/26

Ways and Means

Transcript Highlights:
  • 57.480><c> and</c> gains realizations, interest income, and gains realizations, interest income, and
  • And, you know, the untold story about that is that those are realizations of gains, right?
  • </c><01:17:59.040><c> of</c><01:17:59.200><c> gains,</c> is that those are realizations of gains, is
  • that those are realizations of gains, right?
  • </c><01:18:20.400><c> a</c><01:18:20.480><c> gain,</c> selling something and realizing a gain, selling
Bills: HF3425
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 5th, 2026 at 01:45 pm

Washington Senate Floor Meeting

Transcript Highlights:
  • Further remarks, Senator Gaines. Thank you, Mr. President. I stand in support of this amendment.
  • has looked at this and come back and has added that in, I think we need to take a look at that and realize
  • has looked at this and come back and has added that in, I think we need to take a look at that and realize
  • What if I miss the fact that I didn't even realize the notification came?
  • President, I think we've got to step back, take a good look, and realize that this is destroying... .
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 3rd, 2026 at 02:00 pm

Washington Senate Floor Meeting

Transcript Highlights:
  • They didn't realize it was going to be a pie-crust promise. They put the time in.
  • state's provided and they started these programs believing that it was a promise to them they didn't realize
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 3rd, 2026

Washington Senate Floor Meeting

Summary: The Senate considered and passed several House bills. Substitute House Bill 2152, known as Ryan’s Law, would allow limited medical cannabis use for qualifying end-of-life patients in hospitals, nursing homes, and hospice facilities; supporters said it would improve quality of life, and it passed 46-2. Engrossed Substitute House Bill 1604, dealing with search procedures for transgender and intersex individuals confined in local jails and codifying federal Prison Rape Elimination Act-related standards, drew debate over whether amendments were needed and whether the bill would burden or protect staff and inmates; two amendments were rejected, and the bill passed 30-19. Second Substitute House Bill 1906, as amended, increased transparency and consumer protections for water system rates, especially for older or smaller systems, and passed unanimously 49-0. Engrossed Substitute House Bill 1916 tightened voter registration challenge procedures and gave county auditors more discretion in handling challenges; an amendment to broaden who could challenge voters statewide was rejected, and the bill passed 49-0. Engrossed Substitute House Bill 2110, as amended, allowed registered nurses without EMT certification to staff certain inter-facility ambulance transports under specified conditions to reduce delays, and it also passed 49-0. The Senate also passed Second Substitute House Bill 2429, which extends and updates the Children and Youth Behavioral Health Work Group and aligns agency planning with the Washington Thriving Strategic Plan; a committee striker was adopted despite concerns about added government structure, and the bill passed 49-0. Second Substitute House Bill 2384, increasing oversight of continuing care retirement communities through actuarial review and Office of Insurance Commissioner oversight, passed 37-12 after the chamber rejected the committee striker and adopted a revised striking amendment. The session ended with a point of personal privilege from Senator Lovick and an adjournment motion, and the Senate adjourned until March 4, 2026.
WA

Washington 2025-2026 Regular Session

Pension Funding Council Jun 23rd, 2026

Pension Funding Council

Transcript Highlights:
  • So when we smooth gains and losses, what we do is we take a given gain or loss and we divide it into
  • Those current deferred gains are going to be fully realized in a couple more years.
  • And all that means is once those gains are fully realized, the systems will have greater exposure to
  • However, those current deferred gains are going to be fully realized in a couple more years.
  • And all that means is once those gains are fully realized, the systems will have greater exposure to
Summary: The Pension Funding Council met on June 23, 2026, for a work session that began with an overview of the Higher Education Supplemental Retirement Plan (SRP) and a 2025 accounting valuation of that plan. Staff explained that the SRP is a closed defined benefit supplement for higher education employees hired before the 2011 closure, with employer contributions currently pre-funding benefits in institution-specific trusts while institutions still pay benefits on a pay-as-you-go basis. The State Actuary’s office reported that the plan’s accounting position has improved, with combined market assets of about $245 million against $377 million in accrued liability, and that strong market performance since 2022 has increased the asset-to-liability ratio. The office emphasized that this was an educational accounting valuation, not a funding valuation for rate-setting. The council then received the 2025 actuarial valuation report for the state retirement systems. Actuaries reviewed the recent demographic experience study, noting updated assumptions for mortality, retirement, termination, and salary growth, and said the net impact on most plans was small. They reported that most plans’ funded ratios improved, with all plans at least 94% funded and several at or above 100%, and that contribution rates for the 2027–2029 biennium are generally lower than current rates. They also noted that future rates could be affected by market volatility as deferred gains are recognized over the next few years. During public comment, a representative of the Association of Washington Cities urged the council to consider rate reductions to help local governments facing budget pressures. In executive session, the council first approved a motion directing the Office of the State Actuary to perform an actuarial evaluation and analysis of each institution’s Higher Education Supplemental Retirement Plan, including institution-specific contribution rates, asset sufficiency, and funding policy options, due by July 1, 2028. The council then adopted the 2027–2029 pension contribution rates based on the 2025 actuarial valuation report. Both motions passed 5-0, with one member excused. The meeting concluded with no further business.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 2/13/25

Taxes

Transcript Highlights:
  • </c><00:13:41.279><c> a</c> they feel they can uh you know realize a they feel they can uh you know realize
  • Well, unrealized capital gains... now I can't even fathom going down the road of taxing unrealized gains
  • gains of the wealthy, because the unrealized gains of working-class and middle-class people are taxed
  • the unrealized gains unrealized gains the unrealized gains that<01:03:31.319><c> are</c><01:03:31.559
  • </c><01:07:07.680><c> like</c> know paying on unrealized gains like know paying on unrealized gains like
Keywords: 1183, house
WA

Washington 2025-2026 Regular Session

Pension Funding Council Jun 23rd, 2026 at 02:00 pm

Pension Funding Council

Transcript Highlights:
  • So when we smooth gains and losses, what we do is we take a given gain or loss and we divide it into
  • Gain or loss, and we divide it into equal amounts.
  • So as of 2025, we're deferring a total net gain of $8 billion, and that includes past gains and losses
  • However, those current deferred gains are going to be fully realized in a couple more years.
  • And all that means is once those gains are fully realized, the systems will have greater exposure to
Keywords: 904, all