Transcript Highlights:

• Um, its amortization period was 22 years, and then for PE, the funded ratio was 67%.
• Its amortization rate period was 52 years.
• So the amortization period, that the 22 and the 53 years, is based on the assumptions that the board
• retirees or retirees of local governments, and, um, that made possible that 53% or that 53 year amortization
• Amortization period of PEA that, you know, they're above where they, where they need to be in terms of

Transcript Highlights:

• appropriated pursuant to this item shall be applied by the receiving system to its outstanding positive amortization
• And so the amortization team said, why are we doing this?
• The amortization team could go... The best way, as a financial advisor myself.
• The amortization team could go in there and find the best debt to pay off, which would then be the most

Summary: The Senate Finance Committee met on May 13, 2026, and reported several bills favorable. HB 27 was approved after testimony that it would delete a constitutional sentence requiring debt payments to be applied to the oldest outstanding amortization, giving retirement boards more flexibility to pay off the most advantageous debt. HB 143 was supported by the Louisiana Sheriffs’ Association and local law enforcement representatives to raise the statutory per diem for housing state inmates in local facilities from $26.39 to match the current $29.39 rate already being paid in practice. HB 205 drew extensive testimony from clerks of court and election officials who said election commissioners have not had a pay increase in 19 years and are struggling to staff precincts, especially under the new closed party primary system; the bill would let local governing bodies enhance commissioner pay as a stopgap, and it was reported favorable despite concerns that it does not fully solve the staffing problem. The committee also approved HB 308, which would require state stadium and arena facilities to accept cash for smaller transactions or provide a kiosk to convert cash to a prepaid card without extra fee. HB 417 was reported favorable to increase the cap on the hazardous waste site cleanup fund from $6 million to $8 million and tie it to inflation; DEQ staff explained the fund helps pay for Superfund matches and cleanup of abandoned or bankrupt hazardous waste sites, and the increase would not affect the state general fund. HB 12, supported by the Louisiana Assessor Association, would provide 5% annual salary equalization increases for assessors through 2029, with local opt-in and no state general fund impact; members discussed the recurring pay parity issue with clerks of court and the possibility of a study resolution to address future adjustments more systematically, and the bill was reported favorable. Representative Kerner announced HB 311 would be deferred after concerns it could amount to a tax increase. HB 1129, supported by the Louisiana Auctioneers Association, was amended to clarify that the state’s movable-property auctions include internet auctions and to give Louisiana auctioneers preference to bid on those contracts; it was then reported favorable. HB 562, which would update transcript fees for the 19th Judicial District Court, prompted concerns about higher costs for litigants and due process implications, and the committee agreed to defer it to the next meeting for further discussion. The meeting ended with adjournment after brief recognition of visiting cattle industry representatives.

Transcript Highlights:

• Members, this bill is about amortization as a process whereby a municipality changes the zoning in an
• The municipality then allows the business to amortize back its investment in the property.
• Gutierrez: Yeah, the committee substitute seeks to strengthen private property rights by amending amortization
• non-conforming use, as long as the property owner or lessee does not enter into an agreement regarding the amortization

Bills: SB3038, SB3045, SB3065, SB3069, SB3071, HB2025, HB2149, HB3370, HB4205, HB4506, HB5424, HB5652, HB24, HB3687, HB24

Keywords: Fort Bend County, Municipal Utility District, MUD, special district, Rosenberg, Texas Commission on Environmental Quality, TCEQ, ad valorem tax, bond issuance, assessments, fees, taxes, eminent domain, road district, storm drainage, infrastructure financing, development agreement, municipal consent, temporary directors, public utility district

Transcript Highlights:

• I know that it was mentioned that the amortization will extend, but it seems like it's a bigger concern
• 08:26.800> mentioned<00:08:27.039> that<00:08:27.840> the<00:08:28.000> amortization
• <00:08:28.879> will was mentioned that the amortization will was mentioned that the amortization

Keywords: 912, senate, all

Summary: The Labor and Technology Committee heard testimony on several bills, mostly related to workers’ compensation, labor relations, retirement, and employment exemptions. HB 423 would clarify selection of certified rehabilitation providers and require automatic approval of vocational rehabilitation services when likely needed for suitable gainful employment; the Department of Labor and Industrial Relations supported the bill but requested timeline amendments, including advancing the plan within 90 days of the initial evaluation and filing it with the employer, employee, and director within two days. HB 480 would let an attending physician request a functional capacity exam without employer permission and deem licensed occupational and physical therapists qualified to perform such exams; it drew support from the department, the Hawaii Insurance Council, and the Hawaii Medical Association. HB 162 would expand the pool of interest arbitrators for collective bargaining disputes by allowing the HLRB to request a list from FMCS as well as the ABA, and testimony from labor groups supported that change. HB 164 concerned indebtedness to the state and wage deductions; HGA supported it with comments, while the Department of Accounting and General Services raised concerns about the percentage structure but said it could implement the requested changes. The committee also heard HB 1152, which would permanently exempt three specialized Department of Taxation positions from civil service; the department supported the measure and said the positions are not currently civil service positions. HB 214 would allow certain retirees to work in school resource officer or investigator roles without losing retirement benefits, subject to conditions; ERS expressed concerns about shortening the required separation period from 12 months to 6 months and about uniform administration and cost implications, while the Department of the Attorney General and Department of Education supported the bill, and the Department of Law Enforcement asked to include its investigators as well. HB 874 would amend the Uniform Custodial Trust Act for child performers, requiring trust accounts for minors meeting certain earnings thresholds and making misuse of funds a fiduciary breach; SAG-AFTRA Hawaii, HGEA, the Hawaii State AFL-CIO, and the Hawaii Nurses Association supported it, and members discussed that enforcement would likely need further research, possibly through labor or the film office. HB 159 would cap the civil service exemption for personal service contracts with qualified community rehabilitation programs at $850,000 in the aggregate per private person or entity; United Public Workers, HGEA, and the Hawaii State AFL-CIO supported it. No final votes were taken because the committee lacked quorum. After recessing and reconvening, the chair announced that decision-making on the agenda would be deferred to Wednesday, March 12 at 3:01 p.m. in Room 224.

Transcript Highlights:

• deductions in the... ...to take those deductions in the year that they spend it and not have to amortize
• in 2022, the Federal Jobs Cut Act, whatever... ...2022, the Federal Jobs Cut Act, which made you amortize

Bills: HB163

Keywords: income tax, research expenditures, economic development, tax deductions, Tax Cuts and Jobs Act, Alabama tax law, 1136, house, all

Transcript Highlights:

• That will be amortized over 72 months, with an annual amortization cost of approximately $69,432.36 and
• That will be amortized over 72 months, with an annual amortization cost of approximately $69,432.36 and
• This cost will be amortized through the lease term of June 30, 2030, and this modification is also being
• This cost will be amortized through the lease term of June 30, 2030, and this modification is also being

Keywords: 00:05 Call to Order and Roll Call 00:34 Approval of Minutes 00:56 Information Items 05:40 Project Rpt from Postsecondary Institutions 14:00 Project Rpt from Finance and Administration Cabinet 20:40 Lease Rpt from Finance and Administration Cabinet 24:53 Rpt from OFM – Ky Infrastructure Authority 40:38 Office of Financial Management 47:39 Remaining 2025 Meeting Dates 48:05 Adjournment, 958, all

Summary: The meeting began with routine business, including a quorum call, approval of the April minutes, and several informational reports. Those information items covered upcoming general obligation debt for Bullitt, Jefferson, and Warren counties; Kentucky Communications Network Authority updates tied to House Bill 6; Eastern Kentucky University asset preservation reallocations under House Bill 1; and School Facilities Construction Commission debt activity, including 20 prior debt issues totaling about $386 million with roughly 85% locally supported debt service and 15% SFCC participation. Members then discussed concerns about a Kentucky Communications Network Authority project, focusing on a reported discrepancy between an appropriation of $12.927 million and an apparent payment of about $8.532 million on a project with a cost estimate of $12.449 million. Several members asked for more detailed written information before the next Capital Projects meeting, noting that a lawsuit is pending and that they wanted to better understand the basis for the request and the spending to date. The committee also heard and unanimously approved a donor-funded Northern Kentucky University project to renovate tennis courts, with possible pickleball additions, after questions about why approval was needed, the project’s estimated $3 million cost, and its expected minimal ongoing operating costs. The committee next received Kentucky State University pool allocation reports for three projects: a $2 million McCullen Hall renovation, a $1.75 million walkway and miscellaneous repairs project, and a $2 million academic services building roof-and-window project. A member asked specifically about curb cuts and accessibility in the walkway project, and Kentucky State said existing curb cuts would be repaired and additional accessibility issues would be reviewed by engineers. The lease report from the Finance and Administration Cabinet included one lease modification requiring approval for the Attorney General’s office in Franklin County and one no-action modification for the Board of Cosmetology; the Attorney General lease was approved by roll call vote. Finally, the Kentucky Infrastructure Authority presented five loans and 37 grants, with action taken on the loan and grant items. The loans included a Hodgenville wastewater treatment plant increase, a Grant County sewer district treatment plant loan, a Mount Sterling dam rehabilitation loan, and two Morganfield drinking water loans for granular activated carbon treatment, one with full principal forgiveness. Members asked about the Morganfield project’s purpose and were told it was a remediation effort for a water-quality concern, and they also raised questions about engineering fees, which KIA said are compared against a U.S. Rural Development fee schedule that is industry accepted. The committee also reviewed cleaner water program grant reallocations from county allocation pools.

Transcript Highlights:

• I think this was addressed with the amortization work group over the interim period, where they re-evaluated
• the amortization periods used to determine funding sufficiency, which is one of the measurements that
• until the 2048 amortization date, the requirement would be that PAR would need to collect 2.88% from
• general members with a uh amortization general members with a uh amortization to<01:05:50.520>
• date that we use for the 20 amortization date that we use for the 20 uh<01:05:55.760> 24<01:05

Keywords: 1187, senate, all

Transcript Highlights:

• curriculum that includes personal finance, a rudimentary knowledge of things such as compound interest, amortization
• curriculum that includes personal finance, a rudimentary knowledge of things such as compound interest, amortization
• curriculum that includes personal finance, a rudimentary knowledge of things such as compound interest, amortization
• curriculum that includes personal finance, a rudimentary knowledge of things such as compound interest, amortization
• curriculum that includes personal finance, a rudimentary knowledge of things such as compound interest, amortization

Keywords: 1187, senate, all

Transcript Highlights:

• Leach, what you're thinking of is that cities are allowed to amortize their debt over either 20 or 30
• Cities are allowed to amortize their debt over either 20 or 30 years, and if a city extends their amortization
• , meaning it will be paid ...of that $73 million to be spread over the 10-year layered amortization,
• I think the con part of having to pre-fund for that is statute does not allow for that to be amortized
• Would you fund it all at once so that the balance on your credit card remains flat, or would you amortize

Bills: SB1041, SB1050, SB1131, SB1138, SB1249, SB1267, SB1272, SB1317, SB1461, SB1488, SB1504, SB1517, SB1523, SB1580, SB1582, SB1584, SB1585, SB1602, SB1630, SB1654, SB1672, SB1673, SB1718, SB1761, SB1819, SB1826, SB1827

Keywords: electronic monitoring, nursing care, assisted living, resident rights, privacy, consent, surveillance, veterans, lifetime pass, state parks, Arizona, access, disabled veterans, cardiac arrest, defibrillators, school safety, emergency response, CPR training, Arizona education funding, automated license plate readers

Summary: The committee first considered Senate Bill 1630, which would direct AHCCCS to seek federal approval for a home- and community-based services program for adults determined to be seriously mentally ill, with quarterly implementation updates, stakeholder input, and a cap on enrollment. The sponsor and advocates from Arizona Mad Moms argued the bill would create an assisted-living-style Medicaid option for the most disabled SMI individuals, improve continuity of care, and reduce state general fund costs by shifting some expenses to federal Medicaid funding. Access testified neutral, estimating a total fiscal impact of $27.7 million, including $5.83 million general fund, and explained the need for CMS approval. The committee adopted an amendment reducing the initial cap to 250 members, changing reporting frequency, and adjusting eligibility and expansion conditions, then passed SB 1630 as amended on a 10-0 vote. The committee next heard Senate Bill 1131, which originally required school districts and charter schools to adopt cardiac emergency response plans and appropriated $1 million for implementation. An amendment replaced the mandate with a reporting requirement on AED counts, CPR/AED-trained staff, and whether schools have a plan, while keeping a grant component for AEDs and prioritizing rural schools. The American Heart Association supported the amended approach as a way to gather baseline data and target resources, and members discussed AED training, school preparedness, and whether the funding should favor rural or high-population schools. The committee adopted the amendment and passed SB 1131 as amended on a 9-1 vote, with Senator Kuby voting no and several members explaining concerns about funding and priorities. The committee then took up Senate Bill 1582, which concerned the school safety interoperability fund. An amendment shifted the appropriation from the Department of Education to the Department of Administration and allocated funds to specific county sheriff offices for continuing operation and maintenance of existing interoperability systems, while narrowing the program to public safety agencies and school districts and requiring twice-yearly testing. Sheriffs, a county school superintendent, and the Arizona Sheriffs Association described the systems as useful for drills and real emergencies, improving communication between schools and first responders; one speaker noted the program had been used in drills and at least one live deployment. Some members questioned the audit findings, the focus on rural counties, and whether the program was a good use of funds, while supporters emphasized its value for school safety. The committee adopted the amendment and passed SB 1582 as amended on a 6-4 vote. Finally, the committee began hearing Senate Bill 1504, which would change retirement rules for Tier 2 and Tier 3 public safety personnel by allowing earlier normal retirement and shortening the COLA waiting period, with an amendment exempting the changes from the statutory pre-funding requirement. Supporters from firefighter and police groups said the bill would improve recruitment and retention and let employees receive earned benefits sooner, while city, county, and taxpayer representatives warned it would add substantial unfunded liabilities and undermine the 2016 pension reforms. Actuarial testimony estimated significant costs, including tens of millions in annual or upfront impacts depending on how the change is funded, and members debated whether the amendment would shift costs onto future taxpayers or simply spread them over time. The transcript ends during continued testimony and discussion on SB 1504, before a final vote is reached.

Transcript Highlights:

• to the Louisiana State Police Retirement System, determination of employer contributions, and amortization
• relative to Louisiana State Police Retirement System, determination of employer contributions, amortization
• to the Louisiana School Employees' Retirement System, determination of employer contributions, amortization
• Louisiana State Employees Retirement System, calculation of contributions, contribution rates, amortization
• Members, we are simply simplifying amortization rates for the system. You have a right to close.

Bills: HR265, HR266, HR267, HR268, HR269, HR270, HR271, HR272, HR273, HCR107, HCR108, HCR109, HCR110, HCR111, HR257, HR258, HR259, HR260, HR261, HR262, HR263, HCR105, HCR106, SCR30, SB57, SB157, SB202, SB237, SB276, SB450, SB465, SB501, SB525, HR3, HR80, HR197, HR243, SCR5, SCR35, HB4, HB623, HB944, HB986, HB1098, HB1222, SB34, SB164, SB172, SB198, SB208, SB232, SB281, SB286, SB317, SB322, SB334, SB380, SB385, SB409, SB417, SB421, SB430, SB439, SB447, SB458, SB510, SB398, HB646, HR84, HR188, HR205, SCR19, SCR3, SCR6, SCR18, SCR11, SCR22, SCR2, SCR20, SCR24, HCR6, HB301, HB359, HB657, HB675, HB680, HB727, HB302, HB819, HB1257, HB1258, SB8, SB10, SB11, SB12, SB13, SB14, SB16, SB17, SB18, SB20, SB21, SB22, SB40, SB48, SB55, SB69, SB75, SB77, SB78, SB85, SB102, SB115, SB133, SB140, SB148, SB151, SB165, SB169, SB170, SB185, SB197, SB200, SB217, SB235, SB278, SB280, SB291, SB300, SB303, SB315, SB324, SB330, SB411, SB416, SB420, SB436, SB438, SB449, SB455, SB456, SB477, SB489, SB521, SB45, SB58, SB71, SB81, SB92, SB100, SB109, SB141, SB156, SB181, SB203, SB204, SB205, SB207, SB213, SB214, SB216, SB229, SB257, SB274, SB290, SB304, SB374, SB379, SB396, SB410, SB425, SB427, SB429, SB479, SB522, HCR72, HB633, HB603, HB940, HB251, HB775, HB998, HB1191, HB625, HB1255, HB901, HR20, HR74, HCR65, HCR71, HB284, HB306, HB341, HB366, HB393, HB458, HB577, HB582, HB605, HB614, HB733, HB752, HB773, HB798, HB911, HB955, HB996, HB1035, HB1069, HB1113, HB1140, HB1180, HB1240, SB82, SB89, HB258, HB842, SB149, SB382, SB441

Keywords: Pineville High School, Lady Rebels, softball, LHSAA, Louisiana High School Athletic Association, Class 5A, state championship, high school sports, student athletes, commendation, resolution, athletics, girls softball, championship team, Pineville, school recognition, sportsmanship, coach Allison Frye, Louisiana legislature, House Resolution

Summary: The House convened with prayer, the pledge, roll call, and several personal privileges recognizing visitors and special observances, including Transportation Day and a day without child care at the Capitol. Members also honored the Southern University Laboratory School track teams, early childhood educators, and later offered condolences and tributes, including a memorial resolution for Derek Butler’s family and birthday recognitions for members and staff. The chamber received Senate messages, committee reports, and introduced or adopted several resolutions and bills throughout the day. A major portion of the floor was devoted to retirement-system cleanup and funding bills, including Senate Bills 8, 10, 11, 13, 14, 16, 17, 18, 20, and 21. Members and authors explained these measures as technical changes to simplify contribution formulas, separate funding for COLAs and benefit increases from debt paydown, and update reemployment or benefit rules for retirees in various systems. Most of these bills passed with large margins after brief questions about whether they would affect automatic debt reduction; authors repeatedly said they would not stop debt paydown. Other measures passed on topics such as emergency vehicle procedures, international driving reciprocity with Ireland, seat belt use, port commission appointments, GOHSEP cybersecurity authority, storage facility rental rules, biomarker testing coverage, DNA sample collection procedures, and a law-institute bill on movable-property leases. The House also adopted HCR 72, the Jonas A. Feeley Act, which memorializes Congress to expedite research and treatment development for acute myeloid leukemia in honor of a deceased veteran, and H.B. 1258, which directs the Department of Wildlife and Fisheries on handling unlawfully possessed sick, injured, or orphaned wildlife. Another notable bill, Senate Bill 200, created a process for expropriating property tied to foreign adversaries near military bases, with amendments allowing voluntary divestment before expropriation. Most measures were adopted by wide margins, with co-author votes taken on some resolutions and bills tabled or returned to the calendar when requested. The most extended debate centered on Senate Bill 217, which would reduce the number of judges in Orleans Parish courts based on a statewide workload study. Supporters said the National Center for State Courts study showed Orleans had more judges than comparable parishes and that the bill would right-size the courts and save about $2.1 million. Opponents questioned the study’s methodology, the lack of Orleans delegation involvement, the counting of cases, the absence of uniform statewide clerk-of-court standards, and whether reducing criminal judges made sense given crime concerns. Despite the criticism, the bill was advanced after lengthy questioning, while the chamber continued to move other bills and resolutions forward.

Transcript Highlights:

• The lease modification results in an annual amortization of $32,965.20 with a term through June 30, 2027
• 00:24:55.200> annual modification results in an annual modification results in an annual amortization
• to 4,526 square feet and an annual rent increase from $19,916.36 to $49,166.00, with an annual amortization
• <00:26:45.600> of<00:26:45.919> $43,942 with an annual amortization of $43,942 with
• an annual amortization of $43,942 through<00:26:49.200> June<00:26:49.520> 30th,<00:26

Keywords: 00:02 Call to Order and Roll Call 00:45 Approval of Minutes 01:01 Information Items 06:25 Project Rpt from Postsecondary Institutions-KCTCS 10:50 Project Rpt from Finance and Admin Cabinet 18:08 Lease Rpt from Finance and Admin Cabinet 27:12 Rpt from OFM – KY Infrastructure Authority 33:56 Rpt from OFM – CED EDF Grants 47:20 Rpt from OFM – Office of Financial Mgmt 56:53 Adjournment, 958, all

Summary: The committee first handled routine business, including approval of the February meeting minutes and several information items. Those items covered university equipment purchases, school district and transportation-related debt issuances, Northern Kentucky University’s planned construction-manager/general-contractor delivery method for the medical examiner/crime lab relocation project, a lease-space advertisement, postsecondary asset preservation allocations, and lease-law compliance reports. Members then discussed the Northern Kentucky crime lab project in more detail; staff explained that the memorandum of agreement would cover the construction portion while the lease would cover operations, and members were told the project should move forward without procurement problems. The committee approved a Kentucky Community and Technical College System project to modify the fire academy maintenance building after the related dormitory project was set aside because of major cost overruns. KCTCS said the dormitory would be about $3 million over budget, so it would not be bid; instead, the maintenance building would be expanded to add showers and restroom/locker facilities, bringing that project from $2 million to about $3.2 million. The committee also approved a Transportation Cabinet project for the Hardin County I-65 southbound commercial motor vehicle station relocation, with members asking about the estimate, the lack of a direct prior example, and the fact that the loadometer equipment itself would be purchased separately and was not included in the construction estimate. Finance and Administration Cabinet lease items were then considered. The committee approved a Department of Public Advocacy lease in Christian County and a Transportation Cabinet vehicle regulation lease in Kenton County, both negotiated down from initial asking prices and both including utilities. Two lease modifications were reported without action: a Department of Revenue fit-up in Jefferson County and an expanded vehicle regulation lease in Adair County. Members also approved a package of Kentucky Infrastructure Authority items, including four loans and six Cleaner Water Program grant reallocations, covering sewer and water projects such as MSD’s Patty’s Run flood pumping station, Paducah-McCracken County’s wastewater treatment plant, Mount Washington’s lift station replacement, and Eminence’s wastewater plant expansion. Finally, the committee heard a batch of Kentucky Product Development Initiative economic development grants and approved the action items in one vote. The projects included due diligence and infrastructure work for industrial and site-development projects in multiple counties, with local match requirements and KEDFA approvals described for each. The committee also received three line-item water grants from House Bill 1 that required no action, and the meeting ended after the grant presentations and approvals.

Transcript Highlights:

• It's not going to be amortized. Correct. Oh, that's correct on this one. Actually, we...
• that the parking deck and the destruction of this building would be paid for in cash and not be amortized

Bills: HB207, SB269, SB279, SB291, SB266

Keywords: cybersecurity, Office of Information Technology, data management, telecommunications, state government, emergency management, public awareness, promotional materials, education, state funding, Alabama State House, Montgomery, Legislative Council, demolition, state capitol, state capitol building, historic preservation, state property, inventory removal, fixtures

Transcript Highlights:

• Amortization payments: B13,023. C36,621,846,535,045,86,39.
• <03:41:23.439> payments<03:41:23.840> 14165,911 amortization payments 14165,911 amortization
• Unfunded liability amortization payments. Step pay. Para direct distribution.
• Unfunded liability amortization payments. Step pay. Para direct distribution.
• Amortization payments: $14,233,027. Step pay: $151,6623. Para direct distribution: 195.

Keywords: 981, all

Summary: The committee and floor took up House Bill 1411, which concerned the Cover All Colorado program. Debate centered on whether removing the program’s cap would create an open-ended entitlement and add pressure to the state budget. Supporters and opponents argued over fiscal impacts, with several members saying the program had grown far beyond its original cost estimate and that the state needed to protect the budget and maintain a balanced plan. The bill was ultimately passed as amended. House Bill 1412 was then considered, authorizing the Department of Health Care Policy and Financing to use statistical sampling and extrapolation to recover Medicaid overpayments in certain provider audits, including ABA therapy and non-emergency medical transportation. Sponsors said the measure would help recapture millions in overpayments tied to fraud, waste, and abuse, and noted safeguards such as strict benchmarks, internal audit review, and a third-party audit firm. An amendment striking the word “alleged” from the bill was adopted, and the bill passed as amended. House Bill 1413, which changes leave provisions for certain public servants, was also approved. The bill removes a statutory cap on how much sick leave state employees may earn, while leaving actual leave policies to departments and bargaining agreements, and increases annual military leave to align with federal law. Members described it as a modest employee-benefit measure in a year without across-the-board pay raises. The House also laid over House Bill 1410 until later in the day and received the committee of the whole report on a large slate of other bills. Later, Representative Richardson sought to reverse the committee’s action on an amendment to House Bill 1389, which involved the comprehensive human sexuality education grant fund, arguing the grant program should be repealed if it is no longer funded.

Transcript Highlights:

• . >> They're um I think they've got about they're actually on a shorter amortization schedule than even
• And so, right now, I think it's about 16 years is the amortization period for the judges. >> Thank you
• the unfunded liability. >> They're um I think they've got about they're actually on a shorter amortization
• And so, right now, I think it's about 16 years is the amortization period for the judges. >> Thank you

Bills: HB304, HB285, HB312, HB311, SB60

Keywords: impoundment, driver licenses, vehicle redemption, local identification cards, law enforcement, HB285, TJ's Law, traffic infraction, traffic ticket, uniform traffic ticket and complaint, minor driver, juvenile driver, parent notification, guardian notification, emergency contact, citing agency, traffic citation, driver safety, youth safety, Alabama traffic law

Transcript Highlights:

• And this cost will be amortized through the extended lease term of June 30th, 2033.
• And this cost will be amortized through the extended lease term of June 30th, 2033.
• And this cost will be amortized through the extended lease term of June 30th, 2033.
• And this cost will be amortized through the extended lease term of June 30th, 2033.
• And this cost will be amortized through the extended lease term of June 30th, 2033.

Keywords: 958, all

Summary: The committee first received several information items, including University of Kentucky reports on medical and research equipment purchases, five school districts’ planned bond issues, and a School Facilities Construction Commission list of prior debt issues. Members then heard and approved an appropriation increase for a federally funded University of Kentucky project at the Central Kentucky Regional Airport in Richmond. The project will construct a terminal building and is tied to EKU’s airport operations and planned flight school; members asked about the public funding, the role of EKU, and possible aviation expansion, and the item was approved by roll call. The committee next approved a University of Kentucky lease purchase for an 85,000-square-foot facility at 415 West Sun Street in Morehead for $6.4 million. UK said the property, formerly the Rowan County Board of Education site, is directly across from UK St. Clair and will be used for multiple purposes; members questioned the quarterly payment structure and why the county preferred not to receive the full amount upfront, but the item was approved. The committee then heard three appropriation increases in the Tourism, Arts and Heritage Cabinet: a Fish and Wildlife pump project at Ballard Wildlife Management Area and two Lake Barkley State Resort Park repair projects. Finance staff explained the Lake Barkley increases were mainly to cover construction contingencies after bids came in close to available funding, and the committee approved the action items. Janice Thomas then presented four pool projects requiring no action: HVAC upgrades at the Future Farmers of America Leadership Training Center in Hardinsburg, geothermal and HVAC work at the Kentucky School for the Blind, a Brady Hall HVAC project at the Kentucky School for the Blind, and a renovation of Shanti Hall at Kentucky State University for the School of Engineering Technology. Members asked no substantive questions on those items. Finally, Natalie Broner presented a new CHFS lease in Wayne County and a Transportation Cabinet lease modification in Christian County. The Wayne County lease drew the most discussion, with members questioning the rent, the lack of other bids, and whether another county location might be preferable; CHFS said it maintains county-seat offices statewide and that the Wayne County site would replace an existing office. The Christian County item was described as a replacement site for driver licensing services with renovation costs largely absorbed by the lessor. Both lease items were presented for action after the discussion.

Transcript Highlights:

• In over 20 years, those costs are amortized out to where they're not... Thank you.
• In over 20 years, those costs are amortized out to where they're not Thank you. Thank you.
• And over 20 years, those costs are amortized out to where they're not getting 600% increases in bills

Bills: SCR13, SB1248

Keywords: water rights, treaty compliance, Rio Grande, agriculture, drought, international water, Texas water supply, Texas Parks and Wildlife Department, TPWD, harvest reports, wildlife harvest data, public information act, open records, confidentiality, hunter privacy, angler data, game animals, game birds, fur-bearing animals, nongame animals

Summary: The Senate Committee on Water, Agriculture, and Rural Affairs met without a quorum at first, then later established quorum and proceeded with testimony and votes. Senate Bill 1248, by Chair Perry, was explained as a narrow Open Records Act exception to protect harvest report location data collected through Texas Parks and Wildlife’s digital tagging system. Support testimony came from Matt Wagner of the Texas Chapter of The Wildlife Society, who said the bill would protect private land and sensitive biological information while preserving useful wildlife data. No one testified against the bill, and it was left pending until later in the meeting. The committee then heard Senate Concurrent Resolution 13, which urges the State Department and the International Boundary and Water Commission to press Mexico to comply with the 1944 Water Treaty and deliver its share of Rio Grande water. Senator Hinojosa, farmers, municipal officials, and other witnesses described severe water shortages in South Texas, low reservoir levels, crop losses, the closure of the Valley sugar industry, and the need for alternative supplies such as desalination, reuse, and drainage-runoff projects. Members also discussed treaty enforcement, regional drought, and the role of cartels and Mexican water storage, while emphasizing that Texas must also invest in its own water infrastructure. The committee also considered Senate Bill 740, which the committee substitute amended to require the Public Utility Commission to adopt a standardized application form for system improvement charges and complete related rulemaking by September 1, 2026, applying only to applications filed on or after that date. Members discussed concerns about water wholesalers using the process to delay cases and drive up costs, and the need for more transparency and PUC resources. The committee voted to adopt the substitute and report SB 740 favorably. After returning to the earlier items, the committee voted SB 1248 out favorably and recommended it for the local and uncontested calendar, and voted SCR 13 out favorably as well. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• We are amortizing that over a 25-year period, a closed period, instead of an open period or a 30-year
• Also, sticking to the amortization period and not resetting it, not kicking those payments...
• Also, sticking to the amortization period and not resetting it, not kicking those payments.
• And so we expect fewer dollars in the future of the amortization period because we expect payroll to
• grow. ...fewer dollars in the future of the amortization period because we expect payroll to grow.

Keywords: 959, house, all

Transcript Highlights:

• Chair, I would like to offer the 3A amendment, which relates to amortization.
• amendment which<00:02:48.480> relates<00:02:48.800> to which relates to which relates to amortization
• .<00:02:51.040> Thank<00:02:51.200> you,<00:02:51.440> Senator amortization.
• Thank you, Senator amortization.

Keywords: 1187, senate, all

Transcript Highlights:

• pursuant to this item shall be applied...' ...by the receiving system to its outstanding positive amortization
• And so the amortization team said, why are we doing this?
• The amortization team could go in there and find the best debt to pay off, which would then be the most

Bills: HB27, HB143, HB205, HB308, HB311, HB417, HB430, HB562, HB812, HB1129

Keywords: inmates, department of public safety, per diem, local correctional facilities, jail funding, insurance premiums, Municipal Fire and Police, dedicated fund, assessments, Louisiana legislation, hazardous waste, cleanup fund, environmental protection, state treasury, Consumer Price Index, law enforcement, firefighters, health insurance, survivors benefits, Lafayette

Transcript Highlights:

• HR1 keeps the foreign expensing amortization at 15 years, but allows domestic research various elections
• <00:19:56.160> Um<00:19:56.799> with 5-year amortization amounts.
• Um with 5-year amortization amounts.
• HR1 changes the limitation calculation to not include a reduction for depreciation, amortization, and
• amortization, and depletion. amortization, and depletion.

Keywords: 1187, senate, all