Transcript Highlights:

• definition in statute within this chapter that defines abortion as the act of using or prescribing any instrument
• , device, That defines abortion as the act of using or prescribing any instrument, device, machine, drug
• So the knowingly, recklessly, or negligently supplies or makes available any instrument, device, medicine

Summary: The House convened with prayer, the Pledge of Allegiance, approval of the prior day’s journal, and a long series of special guest introductions recognizing interns, community leaders, FFA officers, library advocates, park and recreation professionals, and others. Members also used points of personal privilege to honor Black History Month and the legacy of William Clay Sr. The chamber then moved into first reading of several bills, including measures on University of Missouri curators, personal property assessment lists, and state department spending. The main floor action centered on House Bill 1757, which would require universal screening of third-graders for gifted education using flexible screening methods and would help ensure students who qualify are identified regardless of zip code or family resources. Supporters argued the bill would close gaps in gifted identification and expand access, while questions focused on funding, screening methods, and whether the bill would create an unfunded mandate. The House adopted the committee substitute and ordered the bill perfected and printed. Members then debated the Born Alive Abortion Survivors Protection Act, presented as House Committee Substitute for House Bills 1667 and 2294. Supporters said the bill would require medical care for infants who survive an abortion attempt and impose civil and criminal penalties for knowingly harming such a child. Opponents argued the bill was duplicative of existing law, could criminalize medical providers, and would worsen Missouri’s maternal care shortages. The debate included extended questioning about the bill’s standards, scope, and enforcement, but no final vote on the born-alive measure was taken in the excerpt.

Transcript Highlights:

• She was instrumental in getting this structure into Oklahoma state law, and I want to know how it's working
• So we're going to conclude now with Colleen McCarty from Oklahoma, who was instrumental in getting this
• So we're going to conclude now with Colleen McCarty from Oklahoma, who was instrumental in getting this

Bills: HB1591 , HB2209 , HB2403 , HB2526

Committee: House Community Safety

Keywords: domestic violence, sexual assault, human trafficking, survivor protections, legal remedies, defendants, theft, robbery, sentencing enhancements, criminal justice, property crimes, failure to register, registration requirements, public safety, law enforcement, prostitution, public health, criminal justice reform, community safety

Transcript Highlights:

• Senator Smitherman was instrumental in founding the Alpha Phi Alpha chapter while he was a student at
• Something happened today behind the scenes before we got there that I think was instrumental in making
• Instrumental in making this day the best day that possibly could be.

Bills: SJR 12 , SJR 37 , SB 7 , SB 8 , SB 16 , SB 27 , SB 108 , SB 125 , SB 207 , SB 251 , SB 318 , SB 371 , SB 379 , SB 396 , SB 406 , SB 472 , SB 503 , SB 533 , SB 578 , SB 599 , SB 608 , SB 617 , SB 621 , SB 689 , SB 707 , SB 763 , SB 836 , SB 854 , SB 856 , SB 857 , SB 875 , SB 878 , SB 906 , SB 922 , SB 942 , SB 965 , SB 985 , SB 988 , SB 1021 , SB 1059 , SB 1084 , SB 1098 , SB 1185 , SB 1188 , SB 1202 , SB 1207 , SB 1307 , SB 1321 , SB 1330 , SB 1366 , SB 1388 , SB 1396 , SB 1453 , SB 1484 , SB 1497 , SB 1498 , SB 1535 , SB 1563 , SB 1596 , SB 1610 , SB 1619 , SB 1737 , SB 1738 , SB 1741 , SB 1816 , SB 1822 , SB 1841 , SB 1939 , SB 2188 , SJR 36 , SJR 12 , SJR 37 , SJR 81 , SJR 50 , SCR 22 , SCR 12 , SCR 39 , SB 875 , SB 318 , SB 707 , SB 765 , SB 62 , SB 666 , SB 888 , SB 687 , SB 847 , SB 1248 , SB 504 , SB 857 , SB 305 , SB 296 , SB 284 , SB 1497 , SB 1498 , SB 241 , SB 304 , SB 621 , SB 1023 , SB 371 , SB 204 , SB 609 , SB 670 , SB 850 , SB 854 , SB 413 , SB 1346 , SB 1033 , SB 1220 , SB 1073 , SB 810 , SB 1539 , SB 447 , SB 406 , SB 985 , SB 965 , SB 1119 , SB 1505 , SB 1215 , SB 1302 , SB 856 , SB 583 , SB 673 , SB 681 , SB 1172 , SB 608 , SB 955 , SB 957 , SB 1021 , SB 1120 , SB 251 , SB 541 , SB 1737 , SB 266 , SB 1415 , SB 125 , SB 599 , SB 1330 , SB 53 , SB 1352 , SB 785 , SB 472 , SB 1450 , SB 1502 , SB 1566 , SB 414 , SB 1062 , SB 578 , SB 711 , SB 746 , SB 942 , SB 1404 , SB 1448 , SB 1738 , SB 108 , SB 8 , SB 507 , SB 533 , SB 689 , SB 1026 , SB 1349 , SB 1355 , SB 1433 , SB 1434 , SB 1596 , SB 1403 , SB 763 , SB 667 , SB 1059 , SB 617 , SB 1567 , SB 503 , SB 16 , SB 310 , SB 311 , SB 396 , SB 505 , SB 1209 , SB 1210 , SB 1470 , SB 264 , SB 1029 , SB 1185 , SB 1358 , SB 1364 , SB 1569 , SB 1376 , SB 1228 , SB 519 , SB 878 , SB 1350 , SB 462 , SB 1535 , SB 827 , SB 1585 , SB 207 , SB 1207 , SB 1619 , SB 1396 , SB 920 , SB 1484 , SB 1273 , SB 1741 , SB 7 , SB 927 , SB 1227 , SB 1229 , SB 1353 , SB 1366 , SB 1464 , SB 1709 , SB 1729 , SB 1733 , SB 1744 , SB 1772 , SB 1816 , SB 1841 , SB 2188 , SB 1147 , SB 879 , SB 1008 , SB 1536 , SB 2016 , SB 1453 , SB 1173 , SB 1163 , SB 996 , SB 27 , SB 568 , SB 1370 , SB 1321 , SB 1101 , SB 906 , SB 860 , SB 1563 , SB 993 , SB 693 , SB 1610 , SB 1537 , SB 836 , SB 1332 , SB 1307 , SB 963 , SB 493 , SB 922 , SB 984 , SB 1084 , SB 619 , SB 1098 , SB 1122 , SB 455 , SB 522 , SB 1057 , SB 1239 , SB 1254 , SB 1255 , SB 1259 , SB 1341 , SB 1664 , SB 1877 , SB 464 , SB 1277 , SB 32 , SB 732 , SB 660 , SB 731 , SB 921 , SB 268 , SB 1822 , SB 1188 , SB 1939 , SB 1589 , SB 397 , SB 1388 , SB 2230 , SB 1058 , SB 1036 , SB 1267 , SB 2112 , SB 1930 , SB 532 , SB 1035 , SB 2155 , SB 508 , SB 29 , SB 292 , SB 291 , SB 901 , SB 1333 , SB 1436 , SB 1494 , SB 964 , SB 779 , SB 1378 , SB 2312 , SB 1719 , SB 1386 , SB 287 , SB 2143 , SB 1245 , SB 261 , SB 1247 , SB 1948 , SB 2406 , SB 2407 , SB 1882 , SB 1197 , SB 1814 , SB 618 , SB 38 , SJR 37 , SB 108 , SB 207 , SB 251 , SB 472 , SB 503 , SB 599 , SB 621 , SB 856 , SB 1021 , SB 1185 , SB 1207 , SB 1330 , SB 1497 , SB 1535 , SB 1619 , SB 8 , SB 16 , SB 371 , SB 396 , SB 533 , SB 965 , SR 338 , SR 350 , SB 2076 , SB 1498 , SB 8 , SB 16 , SB 318 , SB 371 , SB 396 , SB 533 , SB 707 , SB 875 , SB 965 , SB 2076

Transcript Highlights:

• Sparks has been instrumental in advancing the pharmaceutical industry.
• > and</c><00:21:51.360><c> was</c> community initiatives and was community initiatives and was instrumental
• the instrumental in establishing the Lawrence<00:21:54.159><c> Smith</c><00:21:54.720><c> Memorial</
• have a hearing and have a little bit of deliberation instead of jamming a CRA like this, a blunt instrument
• have a hearing and have a little bit of deliberation instead of jamming a CRA like this, a blunt instrument

Bills: HJR60 , HB1442 , HR859 , HR1402 , HR354

Keywords: Glen Canyon, National Park Service, environmental regulation, motor vehicles, congressional disapproval, sodium nitrite, poisoning prevention, consumer product safety, banned hazardous product, youth poisoning, public health, toxic chemicals, online sales, retail regulation, industrial chemicals, food additives, meat curing, poultry products, egg products, FDA

Transcript Highlights:

• GAIN has been really instrumental as well in the New York and Kentucky support on the state side.
• radiological concepts, and science, learning about the plant, equipment, operations, troubleshooting, instrumentation
• We're seeing more that multi-skilled need of being able to do some instrumentation, being able to do
• some maintenance and being able to do our Need of being able to do some instrumentation, being able to

Committee: Joint Advanced Nuclear Energy Committee

Transcript Highlights:

• So the first instrument that we'll take up is HCR 95 by Chairman Beaullieu, tax exemptions.
• Up next, we have Representative Green and Representative McMakin will take up the last two instruments
• Representative Green and Representative McMakin will take up the last two instruments.
• I just don't know if I agree with this particular instrument.

Bills: HCR95 , HB4 , HB244 , HB615 , HB648 , HB1049 , HB1201

Committee: Senate Senate & Governmental Affairs

Keywords: sales tax, exemptions, credits, rebates, uniformity, legislative rules, fiscal report, constitutional convention, Louisiana constitution, electoral process, government structure, delegate elections, delegates, state election, ratification, Louisiana, public meetings, broadcast, transparency, government accountability

Transcript Highlights:

• And they were instrumental. Ben Streppy was the general manager of Lex Mark for the longest time.
• And they uh were uh instrumental.<00:20:38.559><c> Uh</c><00:20:39.360><c> Ben</c><00:20:39.600><c> Streppy
• </c><00:20:40.000><c> was</c><00:20:40.159><c> the</c> instrumental.
• Uh Ben Streppy was the instrumental.

Summary: A presenter from Fast Health Corporation described a proposed Kentucky Health Command System tied to Senate Bill 175, which would create a state-sanctioned AI platform for rural hospitals and telehealth. The company said the system would help rural residents get health information remotely, triage minor issues, and escalate more serious cases to Kentucky providers, with use cases including blood pressure, diabetes, maternity care, smoking cessation, and other preventive-care topics. The presenter argued the system would help rural hospitals compete with out-of-state telehealth companies and keep patients connected to local care. The presentation also emphasized a commercial model the sponsor said would generate new revenue through ads and branded interactions, with the bill reportedly directing 80% of that revenue to rural hospitals and 20% to the state to maintain the system. The presenter said the technology would augment, not replace, doctors and nurses, and claimed it could improve access and convenience in underserved areas. Committee members raised concerns about liability, whether the AI could provide medical advice, and whether there was evidence it had reduced emergency room visits; the presenter said the system could not give medical advice and acknowledged the technology is still very new. The sponsor of the bill said the goal was to help transform rural health care, reduce unnecessary ER use, and capture revenue that would otherwise go to commercial search engines and out-of-state companies. No vote or final action was taken during the portion of the meeting provided, and the discussion ended with questions about branding, loyalty, and the legal limits of the AI system.

Transcript Highlights:

• be the new proposed language, which says if making, manufacturing, selling, or possessing that instrument
• persons, corporation, or manufacturing establishment to make, manufacture, sell, or possess any instrument
• or device which will arrest Instrument or device which will arrest or muffle the sound when shot or
• fired if making, manufacturing, or possessing that instrument or device violates federal law.

Committee: Joint Judiciary, Division B

Transcript Highlights:

• history that we have with you all and everything that's been put in place since the year 2000 is instrumental
• ><00:01:50.560><c> year</c><00:01:50.799><c> 2000</c><00:01:51.759><c> is</c><00:01:52.079><c> instrumental
• </c><00:01:52.560><c> in</c> since the year 2000 is instrumental in since the year 2000 is instrumental

Summary: The committee met on September 18, 2025, approved the July 10 minutes, and received Brandon Reid’s monthly report on Kentucky agriculture development and finance activity for July and August. Reid emphasized the long-running structure created under House Bill 611 and Senate Bill 28, the role of county agriculture development councils in all 120 counties, and the importance of the program as a national model for supporting Kentucky agriculture. He also introduced new staff and interns, including a new loan programs manager, Rachel Coward, and project manager Kylie Davis. For July, the development board reported $3.4 million invested in agriculture and the finance corporation reported $3.1 million in loans. Highlights included 11 county council meetings, site visits, program reviews, and 18 project reports. July approvals included county agriculture incentive programs, deceased farm animal removal programs, youth incentive programs, county/state projects, infrastructure loans, an agriculture processing loan, and beginning farmer loans. Staff also noted that all 120 counties had submitted their required five-year comprehensive plans on schedule. Bill McCloskey then highlighted several funded projects, including Dino’s Farm LLC in Jefferson County, which received support to purchase a meat processing facility and equipment, with the goal of creating market opportunities for goat, sheep, and cattle producers and establishing Kentucky’s first halal meat processing facility. Other projects included a veterinarian facility project to address large animal vet shortages and Grow Appalachia at Berea College, which provides technical assistance and market support for small-scale and eastern Kentucky producers. Members discussed the need for programs such as high tunnels and other small-scale opportunities in rural areas, and staff noted related resources such as CAPE and NRCS funding. For August, the board reported $500,000 in development board investments and just over $3 million in finance corporation loans, along with fewer staff activities than July but continued county council, site visit, and project review work. August approvals included county agriculture incentive programs, deceased animal removal programs, youth incentive programs, county/state projects, agriculture infrastructure loans, beginning farmer loans, and a horticulture incentives loan. Additional project updates included another veterinary equipment purchase, emergency safety equipment in Graves County, and a food safety and efficiency incentive for Jared Cornet.

Transcript Highlights:

• of those conversations because I think we want to ensure that we're not kind of creating a blunt instrument
• 00:03:57.120><c> creating</c><00:03:57.360><c> a</c><00:03:57.519><c> blunt</c><00:03:57.840><c> instrument
• </c> um kind of creating a blunt instrument um kind of creating a blunt instrument as<00:03:59.120><c

Committee: House Housing Finance and Policy

Transcript Highlights:

• So we're asking for a new. 15 new instruments for the Middle and Basin, and then to 15 instruments that
• But the feedback we got is currently they don't have any funding for deploying the own instruments.
• I would say even higher. because they have almost no instruments in the area.

Bills: HB206 , HB 1285 , HB1335 , HJR107 , HB206

Committee: House Energy Resources

Keywords: pipeline, construction, cash bond, county authority, local government, HB 1285, Railroad Commission of Texas, RRC, drones, unmanned aircraft, UAS, drone inspections, oil and gas, pipeline inspection, surface mining, well sites, tank batteries, disposal wells, injection sites, natural resources

Transcript Highlights:

• highest mechanism of means is with firearm, as you can see there, and then also with the sharp instrument
• <00:09:57.000><c> with</c><00:09:57.120><c> the</c><00:09:57.279><c> sharp</c><00:09:58.160><c> instrument
• </c><00:09:59.160><c> and</c> also with the sharp instrument and also with the sharp instrument and this

Committee: Senate Agriculture, Veterans, Broadband, and Rural Development - Subcommittee on Veterans

Transcript Highlights:

• They were instrumental the day after the shooting as well, helping us coordinate all those efforts because
• <c> were</c> Community crisis response team they were Community crisis response team they were instrumental
• 17.760><c> were</c><00:25:17.960><c> there</c><00:25:18.120><c> the</c><00:25:18.279><c> day</c> instrumental
• they were there the day instrumental they were there the day after<00:25:18.760><c> the</c><00:25:18.840

Summary: The Senate Education Committee met with a quorum and heard a presentation from Parker Keys, Northern Kentucky State Vice President for Kentucky FFA, on the value of career and technical education (CTE). He highlighted enrollment of more than 143,000 secondary students in CTE, work-based learning, dual credit, industry certifications, and the role of student organizations such as DECA, FBLA, FCCLA, FFA, Educators Rising, TSA, and SkillsUSA. Senators praised CTE as important for workforce readiness and resume building, and encouraged continued engagement with the committee. The committee then considered Senate Concurrent Resolution 43, sponsored by Senator Steve West, supporting a Southern Regional Education Board initiative to expand crisis counseling and recovery support for schools and colleges after tragedies and disasters. Dr. Steven Puit and Linda Tyrie described a regional network of trained counselors modeled on Kentucky’s response after Marshall County, emphasizing long-term recovery, psychological first aid, and deployment support for up to a year after an event. Members spoke in strong support, citing the lasting impact of Marshall County and Heath, and the resolution passed 13-0 and was reported favorably. Finally, the committee took up Senate Bill 77, a cleanup bill relating to the Education Professional Standards Board. Senator Matt Deneen and Association of Independent Kentucky Colleges and Universities representative Mr. Dyer explained that the bill clarifies that small independent colleges and universities may designate a qualified education department representative, not only a chief academic officer, to serve on the board. The committee adopted a committee substitute by voice vote, and the substitute was approved.

Transcript Highlights:

• She requires no instruments, no backup, but just her powerful voice and beautiful spirit.
• 33.280><c> no</c> anthem and Hawaii ponoi she requires no anthem and Hawaii ponoi she requires no instruments
• 34.440><c> backup</c><01:10:35.040><c> but</c><01:10:35.239><c> just</c><01:10:35.480><c> her</c> instruments
• no backup but just her instruments no backup but just her powerful<01:10:36.880><c> voice</c><01:10:

Transcript Highlights:

• authority because the complexity of these disorders depends on what type of reagents, what type of instrument
• It depends on what type of reagents, what type of instrument we will be needing, and the capacity that
• I need reagents, and I need instruments for that.
• Even if I go down to 900 patients, I still need X number of staff, reagents, and instruments for that
• You can't get half of an instrument. You don't know the amount of staff. Yeah. Yeah. Yeah.

Transcript Highlights:

• authority because the complexity of these disorders depends on what type of reagents, what type of instrument
• It depends on what type of reagents, what type of instrument we will be needing, and the capacity that
• I need reagents, and I need instruments for that.
• Even if I go down to 900 patients, I still need X number of staff, reagents, and instruments for that
• You can't get half of an instrument. You don't know the amount of staff. Yeah. Yeah. Yeah.

Summary: The hearing began with a stakeholder presentation from Let California Kids Hear urging coverage of pediatric hearing aids for children in the large group market. Advocates described the issue as a long-running developmental emergency, argued that existing state efforts have been inefficient, and said the new proposal would cover about 70% to 80% of affected children without new spending by redirecting existing dollars. Public commenters, including parents, audiologists, and children’s advocates, strongly supported the proposal and emphasized the need for timely access to sound. The chair thanked the group and noted hope for a future fix, including continued work on the exchange market. The Department of Finance then gave a broad budget warning about the state’s more than $20 billion structural deficit and said new investments must be weighed against out-year shortfalls. HCAI followed with an overview of its programs, including CalRx insulin and naloxone, reproductive health grants, the Office of Health Care Affordability, seismic hospital compliance, workforce programs, and the Data Exchange Framework. Members asked about geographic targeting of workforce funds, behavioral health pipeline programs, the status of the 21st Century Nursing Initiative, and future CalRx products such as EpiPens and GLP-1s. HCAI also described its enforcement approach for health care spending targets, saying the board would not change the targets in response to H.R. 1, and outlined the diaper access initiative, which will distribute diapers through hospitals in higher-need areas. Several HCAI budget items were discussed and held open, including additional expenditure authority, the transfer of the Data Exchange Framework and Office of the Patient Advocate, long-term care payment transparency staffing, and reporting on health care worker waiting periods. The department also presented its Behavioral Health Services Act workforce initiative and a proposed $100 million General Fund offset, which both the LAO and the chair questioned as unclear and potentially one-time in nature. HCAI said the final workforce plan would be adjusted after stakeholder consultation if the offset proceeds. The department also described the Rural Health Transformation Program, saying California received $233.6 million in federal funds, had to revise its proposal to satisfy CMS, and must obligate the money by October 30; the program will fund rural care models, workforce development, and technology, with grants rolled out on a phased basis. The Department of Managed Health Care then presented its budget and three legislative implementation requests: SB 41 on PBM reform, SB 306 on prior authorization transparency, and AB 1041 on provider credentialing timelines. Finally, the administration outlined a menopause care proposal requiring coverage and education for menopause-related services, provider training, and an outreach campaign, with DMHC requesting staffing and funding to implement and enforce the new requirements. Throughout the hearing, most items were held open for later action, and no final votes were taken in the portion provided.

Transcript Highlights:

• authority because the complexity of these disorders depends on what type of reagents, what type of instrument
• It depends on what type of reagents, what type of instrument we will be needing, and the capacity that
• I need reagents, and I need instruments for that.
• Even if I go down to 900 patients, I still need X number of staff, reagents, and instruments for that
• You can't get half of an instrument. You don't know the amount of staff. Yeah. Yeah. Yeah.

Summary: The hearing began with testimony from Let California Kids Hear and supporters urging action on pediatric hearing aid coverage. Advocates said California has repeatedly failed to enact a workable solution over the past eight years and argued that children need early access to sound to support development. The proposal discussed would limit the coverage mandate to the large-group market, which advocates said would cover roughly 70% to 80% of affected children and avoid the exchange-related cost issue that contributed to prior vetoes. Supporters, including parents, audiologists, and children’s health groups, backed the proposal, and the chair expressed sympathy and support while noting hope for a federal solution for exchange plans. The Department of Finance then gave opening remarks about the state’s structural deficit and the need to balance new investments against projected out-year shortfalls. HCAI followed with a broad overview of its programs, including CalRx insulin and naloxone initiatives, reproductive health grants, the Office of Health Care Affordability, hospital seismic compliance, workforce programs, and the diaper access initiative. Members asked about geographic targeting of workforce funds, the behavioral health workforce pipeline, and the status of the 21st Century Nursing Initiative, which HCAI said had reverted funds. The committee also discussed a proposed transfer of the Data Exchange Framework and Office of the Patient Advocate to HCAI, new reporting on long-term care staffing and health coverage waiting periods, and a Behavioral Health Services Act workforce proposal that would use BHSA funds to support training, stipends, and technical assistance while offsetting $100 million in General Fund spending; members and LAO questioned the offset and asked for more detail, and the item was held open. HCAI also presented the Rural Health Transformation Program, explaining that California received $233.6 million in federal funds for the first year and had to revise its proposal so that $35 million in provider payments would be tied to specific transformative activities rather than general financial relief. The program will fund rural care model redesign, workforce development, and technology/infrastructure improvements, with grants to be rolled out on a tight timeline and subject to CMS approval. Members asked about the size of California’s award, the use of funds for maternity care, labor and delivery access, dialysis, tribal set-asides, and the role of a technical assistance contractor. The department said the program will use supply-and-demand workforce modeling to target funding and that all funds must be obligated by October 30. Finally, the Department of Managed Health Care outlined its budget and two major bill-related proposals: SB 41 on PBM reform and SB 306 on prior authorization transparency. DMHC said SB 41 would require PBM licensure, ban spread pricing, require rebate pass-through, and regulate pharmacy network practices, while SB 306 would require reporting on prior authorization and create a list of services exempt from prior authorization. DMHC requested additional positions and funding to implement both measures.

Transcript Highlights:

• Early on, this teacher made me feel special by asking me to help him organize music or move instruments
• I just want to also name the Proud Boys and Oath Keepers were also really instrumental in making sure
• Boys and Oathkeepers were also the Proud Boys and Oathkeepers were also really<01:12:58.480><c> instrumental
• in</c><01:12:59.280><c> making</c><01:12:59.440><c> sure</c><01:12:59.600><c> that</c> really instrumental
• in making sure that really instrumental in making sure that they<01:13:00.080><c> encouraged</c><01:

Bills: HF3489 , HF3550

Committee: House Education Policy

Keywords: grooming, child protection, student safety, sexual exploitation, educator licensing, teacher discipline, mandatory reporting, mandated reporter training, school misconduct, predatory offender, child abuse, sexual abuse, sex trafficking, child sexual abuse material, child pornography, position of authority, school employee, school administrator, license revocation, license suspension

Transcript Highlights:

• One is that our jail instrument, um, there is some deviation there.
• But our prison assessment instrument is right on track where it should be.
• But our prison assessment instrument<00:20:17.840><c> is</c><00:20:18.080><c> right</c><00:20:18.320>
• <c> on</c><00:20:18.640><c> track</c><00:20:18.880><c> where</c><00:20:19.120><c> it</c> instrument is
• right on track where it instrument is right on track where it should<00:20:19.440><c> be.

Transcript Highlights:

• Bo replied that the PBMs are instrumental and vital in being able to determine what those rebates are
• Bo explained that the PBMs are instrumental and vital in determining what the rebates are, making sure
• the<01:04:08.799><c> the</c><01:04:09.119><c> PBMs</c><01:04:09.680><c> are</c><01:04:09.839><c> instrumental
• </c><01:04:10.720><c> I</c><01:04:11.119><c> and</c> the the PBMs are instrumental I and the the PBMs
• are instrumental I and vital<01:04:12.480><c> in</c><01:04:12.799><c> being</c><01:04:13.039><c> able

Summary: The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials. Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach. Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.