Transcript Highlights:

• I don't believe the difference in the definitions is material, but when you are a pension system, and
• funds and all the pensioners.
• I mean, I'm just wondering if this implies that pension holders, pension beneficiaries, can expect some
• kind of problem from this legislation.
• And it also potentially leaves our pension funds exposed to long-term losses.

Bills: HB1170

Committee: Senate Retirement and Government Resources

Summary: The Senate Committee on Retirement and Government Affairs met to consider two executive nominations and House Bill 1170. Mark Wood was introduced as nominee to lead OMES; he described his background in public accounting and tax administration, said his focus would be on stabilizing the agency, improving efficiency, and balancing accountability with service. Senators asked about OMES’s core mission and whether some duties should be returned to agencies; Wood said he would keep an open mind and work with legislators on possible changes. The committee advanced his nomination on a 9-0 vote. The committee then heard Dwayne Helmberger’s nomination to the State Fire Marshal Commission. Helmberger, currently Stillwater fire chief and formerly assistant chief in Midwest City, emphasized code administration, education, and coordination with other agencies. Senators questioned him about backlogs in fire marshal inspections for marijuana grow operations and certificates of occupancy; he said the backlog was driven by the volume of applications and could be addressed through better planning, coordination, and logistics. His nomination also advanced unanimously, 9-0. Finally, the committee considered House Bill 1170, which would direct pension fiduciaries to focus on pecuniary interests and avoid non-financial ESG considerations. Senator Daniels explained that the bill was intended to clarify state policy and align definitions with related measures, and she requested a title strike while continuing to work on the language. Members raised concerns about due process, immunity provisions, and whether the bill would conflict with recent court rulings or still allow consideration of ESG factors when financially relevant. After debate, the committee passed the bill 6-2.

Transcript Highlights:

• Decisions related to pensions, public safety, and transparency.
• For the City of Salinas, we have over $11.4 million that we pay annually into pensions.
• She's an amazing legislator because we need to get this done.
• Raising the cap on the pensionable salary is an issue.
• Raising the cap on the pensionable salary is an issue.

Committee: House Public Employment and Retirement

Summary: The Assembly Committee on Public Employment and Retirement heard several bills dealing with pensions, holidays, public employee accountability, and first responder retirement. AB 912 was taken up on the consent calendar and passed. AB 569, as amended, would allow local public employers and unions to negotiate contributions to supplemental defined benefit pension plans; the author and Teamsters said it would clarify existing PEPRA grandfathering rules, while labor supported it, and the bill passed to Appropriations. AB 989 would make California Native American Day a paid state holiday, with strong support from Native organizations and tribes and no opposition; the committee members spoke in favor and the bill passed. AB 268 would recognize Diwali as an official state holiday, also with broad support and no opposition, and it passed. AJR 3 urged protection of Social Security, Medicare, and Medi-Cal from federal cuts; retirees, caregivers, and health advocates testified in support, and the resolution passed. AB 1067 would require public employers to complete misconduct investigations even if an employee retires during the process; the author said it closes an accountability loophole, while opposition raised due process and family-retirement concerns, and the bill passed as amended. AB 1510 was presented as a cleanup bill making technical changes to state employee pay and benefits and Santa Clara Valley Transportation Authority labor law; it passed with support from AFSCME. The committee then heard AB 1233, which would create a statewide database of classified school employee positions and certain egregious misconduct records to help school employers screen applicants. School administrators and county school officials supported the bill as a student-safety tool, while classified employee groups raised concerns about fairness, due process, and the scope of misconduct covered; the author said the bill already focuses on serious sex and drug offenses involving children and was open to narrowing language. The bill passed to the Committee on Education. Finally, AB 1383, a major first responder retirement bill, drew extensive testimony. The author and firefighters argued that lowering the normal retirement age for public safety employees from 57 to 55 and restoring some bargaining flexibility would help recruitment, retention, and health, citing cancer and other job-related risks. Cities, counties, and local government associations opposed it, warning it would roll back PEPRA reforms, increase pension costs, and strain local budgets. Despite the opposition, committee members spoke strongly in favor of first responders and the bill passed to Appropriations. The committee then adjourned after all items were voted out.

Transcript Highlights:

• </c><00:10:07.720><c> have</c> um, those pension benefits have um, those pension benefits have increased
• </c> of the pension plan. of the pension plan. &gt;&gt; Okay. &gt;&gt; Okay. &gt;&gt; Okay.
• He said the 2022 legislation was a great piece of legislation and that he was very appreciative of the
• </c> unfunded liabilities of of pension unfunded liabilities of of pension plans.<00:45:05.359><c> So
• </c> nobody knew anything about pensions. nobody knew anything about pensions.

Summary: The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side. Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act. The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes. At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.

Transcript Highlights:

• So we seek to do our best, and we pray for successful legislation in this House which holds justice.
• integrity, who truly have the lives of their constituents. constituents in mind as they determine legislation
• We remember those legacies of those people who have come before us, you know as we at this legislative

Bills: HR34 , HR36 , HR38 , HR39 , HR41 , HR42 , HR43 , HR67 , HR68 , HR73 , HR77 , HR81 , HR104 , HR166 , HR201 , HR202 , HR223 , HR226 , HR233 , HR234 , HR246 , HR264 , HR266 , HR268 , HR271 , HR280 , HR282 , HR286 , HR291 , HR292 , HR296 , HR298 , HR319 , HR326 , HR329 , HR348 , HR354 , HR373 , HR376 , HR381 , HR385 , HR386 , HR387 , HR391 , HR394 , HR395 , HR396 , HR399 , HR400 , HR402 , HR403 , HR404 , HR408 , HR409 , HR410 , HR413 , HR414 , HR417 , HR418 , HR419 , HR422 , HR424 , HR429 , HR435 , HR439 , HR440 , HR22 , HR88 , HR94 , HR136 , HR194 , HR231 , HR302 , HR397 , HR416 , HR420 , HR421 , HR423 , HR430 , HR431

Keywords: Ramadan, Islam, Muslim community, spiritual observance, cultural recognition, Eid al-Fitr, celebration, Texas legislation, Mother's Day, family, women, honor, Father's Day, gratefulness, recognition, Diwali, festival of lights, Hinduism, unity, Veterans Day

Transcript Highlights:

• It wasn't our pension systems.
• We actually have fiduciary statutes already in our pension system that came with pension reform.
• It wasn't our pension systems.
• We actually have fiduciary statutes already in our pension system that came with pension reform.
• That was enhanced with legislation passed last year.

Bills: SB1090 , SB1293 , SB1414 , SB1429 , SB1503 , SB1536 , SB1633 , SB1724 , SB1764

Committees: Senate Finance , Senate Senate Finance Committee of Reference

Keywords: savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators

Transcript Highlights:

• They're doing legislative research. and they are our future emerging leaders.
• If you see me walking around the House, I'm working on the legislation that is so important to all of
• funds refer to the committee on pensions investments and financial services.
• Refer to the Committee on Pensions, Investments, and Financial Services, HB 4611 by Slauson relating
• Committee on Pensions, Investments, and Financial Services. also pass a ruling in the standards of the

Bills: HB9 , HB22 , HB908 , HB1392

Keywords: property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment

Transcript Highlights:

• We now have this new legislation. So we removed—the legislation removed—that short-term funding.
• We now have this new legislation. So we removed, the legislation removed that short-term funding.
• Pension system here, which I think everyone understands.
• representation as well. ...where we do have legislative representation as well.
• We don’t fund our pension systems at 50% overfunding.

Committee: Joint Select Committee on Pension Policy

Summary: The committee approved the May minutes by roll call vote and then received brief updates from the Attorney General’s office and the Office of the State Actuary. The AG’s office said it would handle legal analysis related to the committee’s work, while the actuary reported that staff were at capacity this summer due to annual valuation work, experience studies, and other retirement system projects, but would have more capacity in the fall. Members also requested access to fiscal note and actuarial materials related to the LEOFF 1 study and related legislation. The main discussion focused on the LEOFF 1 study, including actuarial funding, a proposed merger/termination/restatement approach, and the possibility of a permanent COLA for Plan 1 members. Several members supported keeping COLA recommendations in the committee’s work, while others raised concerns about whether merging or restating plans could affect benefits, legal status, or IRS tax treatment. The actuary explained that the temporary pause in certain funding rates reflected prior overfunding buffers and assumptions about future investment returns, and said future base-rate funding could still be needed depending on experience. Members also discussed constituent correspondence, which staff said largely fell into four categories: the LEOFF 1 study, Plan 1 benefits and COLAs, fossil fuel divestment, and ESSB 5357. The committee agreed that divestment concerns are more appropriately directed to the State Investment Board, not this committee. In reviewing the draft interim work plan, members added or adjusted several topics for future meetings, including a July educational briefing on LEOFF 1 history and tax/IRS issues, a September discussion of COLAs, and a December placeholder for excess compensation/pension spiking, pending coordination with the LEOFF 2 Board. The committee then approved the July agenda and adjourned.

Transcript Highlights:

• </c><00:09:56.000><c> that</c> anytime you create some legislation that anytime you create some legislation
• conceivably leave that pension to a special needs trust whose beneficiary is someone other than the
• </c><00:22:39.520><c> conceivably</c> you could have a a pensioner conceivably you could have a a pensioner
• But thank you. >> Now, does this affect public pension?
• </c> &gt;&gt; Now, does this affect public pension? &gt;&gt; Now, does this affect public pension?

Committee: Senate State & Local Government

Transcript Highlights:

• Pension plans. We do have several offshoots from this work.
• We had a motion to move that to the Pension Funding Council. Made sense.
• . case of the weakness of our pension system for the lack of coal for Plan 1 members.
• That's something that you do at the legislative body, correct?
• Thank you for a career of looking out for employees and retirees and pension work.

Committee: Joint Select Committee on Pension Policy

Summary: The executive committee approved the May minutes by roll call vote, then received an actuarial update from Sarah Baker of the State Actuary’s Office. Baker explained the office’s annual work, including the DRS pension actuarial evaluation, support for state financial reporting, cash flow analysis, a six-year pension contribution outlook, interim support for GIT and WAL CARES, and an upcoming actuarial evaluation of the volunteer firefighters pension plan. She also responded to questions about bills allowing members to transfer into PERS, noting that such transfers have historically increased PERS costs and that any added cost would be borne by PERS members and employers depending on bill structure and affected demographics. Kate Adams of the Attorney General’s office reported no new developments in the cases the committee is monitoring. She said the Dawson case is still in its early stages, with a judge assigned and a discovery plan due at the end of July. The committee asked for continued updates on that litigation. The committee then discussed interim work planning, focusing first on animal control officers’ eligibility for PERS and asking staff to continue researching definitions, comparable treatment in nearby states, and the cost and service-credit implications for affected employees. Members also discussed Plan 3 issues, including comparisons of Plan 2 and Plan 3 membership and data, and possible future briefing topics. The largest discussion centered on Plan 1 COLAs: members and retiree representatives debated whether to pursue a permanent COLA or an ad hoc COLA, and whether budget language should require future budget writers to consider a COLA. Retiree groups said they preferred a permanent COLA but were open to further discussion; staff was asked to continue work on possible language and policy options. The committee reviewed correspondence on four topics: Plan 1 COLA requests, a request to study LEOFF 2-style medical reimbursements for Washington State Patrol survivors, and a request to allow certain members to change survivor option elections after the federal Social Security Fairness Act. The committee agreed to bring the State Patrol medical reimbursement issue and the Social Security Fairness Act issue back for July, with staff to gather more information and provide an informational briefing. The July agenda was approved and includes the OSA annual update, the LEOFF 2 Board annual update, a PERS/TRS Plan 1 ad hoc COLA item, and the two survivor-related topics.

Transcript Highlights:

• , and I'd like to welcome you to our Republican media availability here on day 44 of the 60-day legislative
• What is the Republicans’ plan for that legislation when it comes to the Senate?
• Well, I would say that using pension funds to balance the budget is a poor use of pension funds and,
• the face to the hardworking folks that are in the pension system.
• There’s legislation from Senator Elias.

Summary: House and Senate Republican leaders held a media availability focused on the final stretch of the legislative session, with most of the discussion centered on budget proposals, a proposed income tax on high earners, and several policy bills they oppose. They criticized the operating budget for relying on a new income tax, using one-time fund sweeps and pension-related financing, and drawing down the rainy day fund, while saying the capital budget was more bipartisan and the transportation budget had some positive emphasis on road preservation but still included concerns such as Public Works Trust Fund sweeps and ferry funding. A major topic was allegations that sign-ins on the income tax bill included duplicates or fraudulent entries. Republicans said they took the issue seriously, supported verification improvements, and argued that even after removing duplicates the bill still drew over 100,000 unique emails opposing it. They rejected claims that their side had manipulated the process and said the Legislature should fix the sign-in system, possibly with more IT safeguards, while also arguing the bill should lose its emergency clause so voters could weigh in through a referendum. Republicans also criticized bills they described as anti-police or anti-law-enforcement, including measures related to face coverings and sheriff qualifications, and they opposed a bill requiring arbitration before claims against the state or local governments can go to jury trial, saying broader tort reform is needed instead. They said the state’s liability problems stem from harm done in areas like juvenile rehabilitation and child welfare. On the budget side, they objected to cuts to Medicaid, child care, transitional kindergarten, rural school funding, and other programs, while also warning against using pension funds to balance the budget and against a proposed 75-year Sound Transit bond, which they called financially irresponsible. No votes were taken in this media availability.

Transcript Highlights:

• This completely keeps the pension sound.
• The pensioners and the organization that are managing the pension system have certainly said that this
• So it's not going to have an effect on the pension benefit or the quality of the pension or the defined
• pension, they believe it's going to be fine too.
• And we as legislators have that right, too.

Bills: HB3257 , HB3176 , HB3544 , HB3619 , HB3546 , HB1782 , HB2293 , HB4358 , HB3081 , HB3983 , HB3790 , HJR1023 , HB4139 , HB3297 , HB3041 , HB3673 , HB4105 , HB3338 , HB3048 , SR33 , SCR21 , SCR20 , HB4030 , HB4031 , HB4032 , HB4034 , HB4036 , HB4037 , HB4038 , HB4040 , HB4041 , HB4042 , HB4043 , HB4045 , HB4046 , HB4047 , HB4048 , HB4044 , HB4050 , HB4051 , HB4052 , HB4053 , HB4054 , HB4056 , HB4057 , HB4071 , HB4065 , HB4067 , HB4072 , HB2992 , HB4338 , HB4170

Summary: The Senate opened with roll call, prayer, and several gallery introductions recognizing guests and honorees, including the Medford Cardinals football team for their academic and athletic success, Guthrie Day, the Oscar J. Upham post office designation, the OKC Spark professional softball team, the Elks organization, and the YMCA’s 175th anniversary. Senators also welcomed a new intern and acknowledged Senator Carl McDowell’s return to the chamber. Most of the early floor time was devoted to ceremonial citations and concurrent resolutions, all of which were adopted without recorded opposition. The chamber then moved through a series of Joint Committee Reports and third-reading votes on appropriations and related measures. HB 4031 reauthorized $41 million for previously approved ODAA projects and passed 36-8, declared an emergency. HB 4032 redirected industry fees to the Department of Mines and passed 34-11, emergency. HB 4034 appropriated $142,137 for salary increases for certified shorthand reporters and passed 45-0, emergency. HB 4036 transferred $5 million from the Film and Oklahoma revolving fund to a new sitcom-related revolving fund and passed 30-15. HB 4037 raised the Ethics Commission Fund retention cap from $150,000 to $250,000 and passed 45-0, emergency. Several transportation, health, and public safety measures also advanced. HB 4038 moved $5 million for the eight-year road plan and additional project funding, passing 28-17 and then as an emergency measure after vote changes. HB 4040 set up cash-flow funds for the State Department of Health’s $223 million federal award and passed 45-0, emergency. HB 4041 appropriated $2.25 million to the Attorney General, including $2 million for a trafficking victim pilot program and $250,000 for a public safety technology fund, and passed as an emergency. HB 4042 appropriated $500,000 for the Commerce census revolving fund and passed 35-9. HB 4043 transferred $1 million to Emergency Management for Oklahoma Task Force 1 and passed 44-0, emergency. The most extended debate centered on HB 4045 and HB 4046, which expanded and funded the Military Readiness, Innovation, Education, and Aviation program. Supporters said the measures would help military bases, schools, infrastructure, simulation training, and defense-related economic development; critics questioned the broad language, lack of detail, and whether the projects fit a broader strategy. HB 4045 passed 37-7 and HB 4046 passed 39-7, both as emergency measures. HB 4047 funded Commerce projects including housing for aged-out foster youth, the State Fair, a university upgrade, and a COG-related economic development request; it passed 30-16 and then 40-6 as an emergency. HB 4048 appropriated $13 million for transportation infrastructure, drew criticism for bypassing the eight-year plan, and passed 36-10 before being declared an emergency. Finally, HB 4030, the Education Budget Limits Bill, was explained in detail, including $43.75 million for the Strong Readers formula, $5 million for literacy coaches, and $5 million for a charter school revolving loan fund; after questions about bonds, charter schools, and the revolving fund, it passed 39-5 and was declared an emergency measure.

Transcript Highlights:

• AB 1383 does not grant retroactive retirement benefit increases or pension holidays.
• It does not. ...retroactive retirement benefit increases or pension holidays.
• Instead, it will drive up pension costs.
• She's an amazing legislator because we need to get this done.
• Raising the cap on the pensionable salary is an issue.

Summary: The committee heard several bills focused on public employment, retirement, and recognition of cultural and public service issues. AB 569 would allow local governments and unions to negotiate supplemental pension contributions for certain employees; AB 989 would make California Native American Day an official paid state holiday; AB 268 would recognize Diwali as an official state holiday; AJR 3 would urge protection of Social Security, Medicare, and Medi-Cal from federal cuts; AB 1067 would require misconduct investigations to continue even if an employee retires during the process; AB 1510 made technical and conforming changes to state employee pay and benefits laws and to Santa Clara Valley Transportation Authority labor law; and AB 1233 would create a statewide database of classified school employee employment history and serious misconduct records. The committee also took up AB 1383, which would lower the retirement age for certain first responders and restore some bargaining rights over retirement benefits, drawing extensive testimony for and against. Supporters of the holiday bills emphasized long-overdue recognition of Native American and South Asian communities and the importance of honoring California’s diversity. Supporters of AJR 3 described the reliance of seniors, people with disabilities, and families on federal and state health and retirement programs, warning that cuts would cause serious harm. AB 1067 was presented as a way to prevent employees from retiring to avoid accountability, while AB 1233 was framed as a student-safety measure to help schools identify applicants with prior egregious misconduct. Opposition to AB 1233 focused on due process and the breadth of the misconduct records, and opposition to AB 1383 argued it would reverse PEPRA reforms, raise pension costs, and strain local budgets, while supporters said firefighters and other first responders face unique health and safety risks and deserve earlier retirement. Most bills were reported out of committee on unanimous or near-unanimous votes and placed on hold for add-ons or referral to Appropriations or another committee. AB 912 was taken up on the consent calendar and held; AB 569, AB 989, AB 268, AJR 3, AB 1067, and AB 1510 all advanced with do-pass recommendations and were placed on hold. AB 1233 was moved to the Committee on Education. AB 1383 drew the most extensive debate, with many witnesses in support and opposition, and committee members largely expressing support for first responders while also noting concerns about cost and pension policy.

Transcript Highlights:

• Um, most legislators aren't currently contributing anything to a pension.
• Um, most legislators aren't currently contributing anything to a pension.
• Um, most legislators aren't currently contributing anything to a pension.
• Paul Teachers pensions.
• MSRS legislators plan.

Committee: Senate State and Local Government

Transcript Highlights:

• Welcome to Banking, Financial Services and Pensions.
• But this GreenAmerica.org, they sent their opposition to the legislation.
• I'm the director of the police pension.
• existing legislation.
• existing legislation.

Bills: HB3041 , HB4428 , HB4429 , HB1064 , HB3265 , HB3721 , HB3028 , HB3313 , HB3588 , HB3020

Committee: House Banking, Financial Services and Pensions

Summary: The Banking, Financial Services and Pensions Committee met and announced that several bills would be laid over, including HB 4225 and HB 4263, while also noting that actuarial follow-up reports on prior referrals were still being revised. The committee then worked through a long agenda, with members frequently noting schedule conflicts and the chair alternating between bills and committee business. The meeting adjourned after the agenda was completed, with the chair saying the committee would return the following week with a longer agenda, likely including additional pension bills. Several bills related to payment processing and pension governance were heard and passed. HB 3041 would allow merchants to pass along credit card surcharges up to the amount charged by the card company, with the author noting some businesses face fees of 4% to 5%; it passed 9-0. HB 4428 and HB 4429, both dealing with shareholder proxy advisors for pension funds, passed 8-1 and 9-0 respectively; supporters said the bills would require fiduciary standards and transparency, while the speaker referenced opposition from GreenAmerica.org as evidence of the bill’s value. HB 3028, which lets technology center districts and public schools pass on credit card service fees, also passed 7-0. The committee also advanced several pension-related measures. HB 3265, requested by the Police Pension Board, defines who qualifies as a mental health specialist for disability evaluations; testimony explained the change would let the board use psychologists because psychiatrists are harder to contract with, and the bill passed 7-0. HB 3721 would adjust the DROP benefit for public safety officers so surviving spouses can claim it if the officer dies before electing the option; the author said it has no actuarial cost, and it passed 7-0. HB 3313, a defined contribution retirement bill, would raise contribution levels, eliminate vesting delays, and add retirement planning and lifetime income options; members questioned whether it would affect retention or other retirement plans, and it passed 8-0. Other bills addressed creditors, housing, and financial exploitation. HB 3588, a Uniform Law Commission request bill on assignment for the benefit of creditors, was described as codifying existing case law and passed 8-0. HB 1064, which would restrict large institutional investors from buying single-family homes in Oklahoma, was amended in concept during discussion to narrow the hedge fund definition and remove a resale requirement; supporters framed it as protecting homeownership, while opponents raised concerns about restricting sales and the evidence for housing impacts, and it passed 5-2. Finally, HB 3020, the Protections for Financial Exploitation of Protected Adults Act, would let financial institutions place temporary holds and act in good faith when they suspect fraud against vulnerable adults; members asked about training and safeguards, and it passed 9-0.

Bills: SB1265 , SB1198 , SB2046 , SB1415 , SB1714 , SB1962 , SB26 , SB172 , SB260 , SB264 , SB1525 , SB1332 , SB1998 , SB1378 , SB1771 , SB1919 , SB2018 , SB1936 , SB1612 , SB1543 , SB1260 , SB1988 , SB1859 , SB2041 , SB1257 , SB1726 , SB1236 , SB1633 , SB1413 , SB1317 , SB1360 , SB1342 , SB1477 , SB1189 , SB1546 , SB1524 , SB1338 , SB1193 , SB1812 , SB1617 , SB1638 , SB504 , SB2072 , SB1283 , SB1216 , SB1655 , SB2011 , SB1643 , SB1446 , SB1256 , SB1258 , SB1441 , SB1224 , SB1448 , SB1496 , SB1597 , SB1621 , SB1827 , SB2066 , SB2104

Keywords: municipal ordinances, local government, ordinance publication, posting requirement, public notice, municipal law, city ordinances, town ordinances, county government, newspaper publication, effective date, Oklahoma statutes, 11 O.S. 14-106, ordinance notice, government oversight, healthcare authority, property lien, county treasury, Oklahoma, municipalities

Transcript Highlights:

• So, like whether it be pensions or other things.
• starting to invest in some form of digital assets as a pension.
• So, like, I mean, we have pensions, right?
• And I don't know for sure about specific pensions, but what you're seeing nationally is certain pension
• Well, look, everything in a pension has a form of risk, everything, okay?

Bills: HB165 , HB603 , SB77 , SB140 , SB185

Committee: House Civil Law and Procedure

Keywords: HB165, lottery proceeds, Lottery Proceeds Fund, Veterans Service Grant Fund, constitutional amendment, veterans, military veterans, veterans' benefits, veterans services, family support, state lottery, education funding, Minimum Foundation Program, problem gambling, compulsive gaming, state treasurer, ballot proposition, constitutional referendum, lottery revenue, Louisiana resident veterans

Transcript Highlights:

• Therefore, SERA is the only 1937 Act county pension system that does not offer an automatic yearly pension
• The last ad hoc pension COLA granted was in 2008.
• Meanwhile, retirees' pension payments haven't increased since 2008.
• Hopefully we can move here and advance a piece of vital, clear legislation.
• I think there's a pension out there somewhere. I never vested.

Committee: House Public Employment and Retirement

Transcript Highlights:

• This is the Senate Standing Committee on Civil Service and Pensions.
• Today is Tuesday, March 10, 2026, and the third committee meeting of the 26th legislative session.
• Security Law in relation to the determination of salary base for members of the New York City Police Pension
• Retirement and Social Security Law in relation to permitting certain New York City correction and pension
• Service and Pensions.

Committee: Senate Civil Service And Pensions

Summary: The Senate Standing Committee on Civil Service and Pensions met on March 10, 2026, with a quorum present and 11 bills on the agenda. The committee chair noted that all measures were recommended to be referred to the Finance Committee. The bills largely concerned retirement and pension-related changes for public employees, including increased military service credit, retirement rules for 911 operators and dispatchers, salary base determinations for NYC police pension members, retired firefighters serving as fire science instructors, borrowing from accumulated contributions for certain NYC correction members, a cost-of-living-related benefit for Verrazzano Bridge toll employees, restoration of 20-year service credit for certain NYC correction officers and sanitation workers, death benefits for Orange County correction personnel, pension benefits for fire marshals with service beyond 25 years, prior service treatment for NYC Police Pension Fund members, and death benefits for certain retirement system beneficiaries. Members moved each bill without substantive debate, and each received unanimous support in the recorded vote tally of seven ayes, zero nays, and zero AWRs. Several bills were sponsored by Senator Jackson, who also participated in the motions on those measures. Senator Cooney arrived during the meeting and joined the committee proceedings. No opposition or amendments were recorded. At the conclusion of the agenda, all 11 bills were reported to the Finance Committee, and the chair adjourned the meeting after noting the completion of the committee’s third meeting of the 26th legislative session.

Transcript Highlights:

• It is a pension issue.
• It can't come from pensions. come from? It can't come from pensions.
• uh</c><01:25:43.679><c> the</c><01:25:43.920><c> pensions</c> come to pensions uh the pensions come
• Um teacher pensions, pensions, pensions, um<01:40:26.800><c> more</c><01:40:27.040><c> funding</c><01
• Or teacher pension.

Bills: HF2433

Committee: Senate Education Finance

Keywords: education funding, children with disabilities, transition aid, special education, school district consolidation

Transcript Highlights:

• It wasn’t our pension systems.
• We actually have fiduciary statutes already in our pension system that came with pension reform.
• It wasn’t our pension systems.
• We actually have fiduciary statutes already in our pension system that came with pension reform.
• That was enhanced with legislation passed last year.

Committee: Senate Senate Finance Committee of Reference

Summary: The committee approved the February 2, 2026 minutes and held Senate Bill 1090. It then took up SB 1503, which would require pension fiduciaries and proxy advisory firms to base voting and advice solely on economic interests, prohibit ESG or ideological considerations except in limited circumstances, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action; supporters argued proxy advisors lack transparency and can influence votes against shareholders’ financial interests. Arizona retirement system representatives said they were neutral but warned the bill would add major operational costs, create reporting burdens, increase litigation risk, and could narrow the market for proxy advisory services. The committee passed SB 1503 on a 4-3 vote. The committee then considered SB 1293, which would bar GPLET abatements from applying to school-district revenue during the eight-year abatement period. Supporters said the bill would protect school funding and reduce the state aid backfill tied to GPLET projects, while opponents from Phoenix, Mesa, and economic development groups said GPLET is a key redevelopment tool that helps finance downtown and blighted-area projects and that the bill would weaken future investment. The committee adopted the amendment and passed SB 1293 on a 4-3 vote. It also heard and passed SB 1414, which gives insurers 30 days to review and respond to third-party settlement demands; insurers supported the bill as a reasonable commercial timeframe, while trial lawyers opposed it as too slow and urged a 15-day standard, with members indicating they expected a possible friendly amendment. Next, the committee heard SB 1633, which would create an Arizona income tax subtraction for capital gains from the sale of a primary residence, after five years of occupancy. Opponents argued it would mainly benefit wealthy homeowners and could cost the state tens of millions annually, while the sponsor said it could help homeowners move without facing large tax bills and improve housing turnover. The committee passed the bill 4-2. It also adopted an amendment to SB 1429, which would have expanded Arizona Commerce Authority board ex officio membership, then held the bill for further consideration. Finally, the committee passed SB 1536, allowing temporary consolidation of street light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger limited property value recalculation, with county assessors supporting the measure as an anti-gaming reform.