Transcript Highlights:

• with our property obligations as well as our recapture obligation. step towards recognizing the financial
• This bill aims to address a significant financial inequity faced by school systems along the Texas coast
• It does not account for the uniquely high operational costs of coastal districts.
• The bill requires clear financial planning, including realistic enrollment projections and transparent
• The relative performance domain of the accountability system is one of the most under-utilized... ...

Bills: SB2920, SB2929, SB2398, SB865, SB401, SB2619, SB2927, SB1395, SB1972, SB2540, SB1635, SB1581, SB2008

Keywords: steroids, student athletes, athletic competition, University Interscholastic League, medical purpose, gender transition, school athletics, spectator conduct, referees, ejection policy, extracurricular activities, concussion, brain injury, school policy, academic accommodations, student welfare, cardiac arrest, emergency response, CPR training, automated external defibrillators

Transcript Highlights:

• gets elected to the Board of Regents, we should hold ourselves accountable.
• gets elected to the Board of Regents, we should hold ourselves accountable.
• gets elected to the Board of Regents, we should hold ourselves accountable.
• </c> students who are relying on financial students who are relying on financial aid<01:18:03.880><c>
• </c><01:30:24.200><c> Aid</c> Association of Student Financial Aid Association of Student Financial Aid

Bills: HF4252

Keywords: higher education, student aid, financial aid, grant programs, scholarships, Office of Higher Education, Minnesota State, University of Minnesota, community college, technical college, postsecondary institution, college affordability, student fees, athletic facilities, competitive athletics, developmental education, remedial courses, pregnant students, parenting students, priority registration

Bills: HB568, HB499, HB433, HB568, HB499, HB433

Keywords: voting rights, restoration, pardons, Parole Board, re-registration, conviction, states' voting laws, Lawrence County, Sheriff, credit card, debit card, government purchases, discretionary fund, financial accountability, tax distribution, Talladega County, economic development, public safety, rural infrastructure, child labor

Transcript Highlights:

• This will ensure more transparency and accountability on taxpayer funds. 500 population.
• This will ensure more transparency and accountability on taxpayer funds.
• This will ensure more transparency and accountability on taxpayer funds.

Bills: HB3985, HB3883, HB4335, HB3416, HB3417, HB3418, HB3619, HB3624, HB3463

Keywords: property rights, public nuisance, compensation claims, government enforcement, Oklahoma Safe Neighborhoods Act, public utility, municipal water, wastewater services, liability protection, third-party contractors, infrastructure maintenance, emergency response, regulatory compliance, animal welfare, pet shops, commercial breeders, county regulations, animal shelter licensing, county purchasing, procurement practices

Summary: The committee considered a series of local government, utilities, purchasing, mapping, and animal regulation bills. House Bill 3985 by Rep. Caldwell was presented as giving property owners recourse if a local municipality circumvents the law and reduces property value; it passed 6-0. House Bill 3883 by Rep. Cantrell would require public utility governing bodies to advise users of their responsibilities, adopt safeguards against system malfunctions, follow DEQ rules more closely, and provide liability protections for utilities and third-party operators; it passed 7-0. House Bill 4335 by Rep. Moore would let municipalities and counties regulate pet shops but not ban them outright, while allowing action against shops violating state animal laws and grandfathering certain existing bans; after questions about puppy mills and local authority, it passed 6-1. Rep. Storm presented House Bills 3416, 3417, and 3418 as part of a package responding to audit findings and tightening public purchasing rules. HB 3416 and HB 3417 would steer county and city bidding toward the lowest and most responsible bidders, with HB 3417 setting a $10,000 threshold for city/town bidding rules. HB 3418 would apply broader procurement reforms across property, public works, and schools, including requiring alternatives to sole-source vendors, banning restrictive bid notices, requiring ownership statements, prohibiting officials from influencing bids or sharing bid information, allowing live video of bid openings, and making Central Purchasing Act violations a misdemeanor. All three bills passed unanimously. Rep. Lawson’s HB 3619, with a PCS adopted as the bill, would expand and direct the GIS Council and one-stop mapping initiative to create a single state-owned map for use by political subdivisions, including aerial photography and boundary clarification; it passed 6-0. HB 3624 would repeal an older law tied to shifting county boundaries caused by flooding and river changes, with the goal of making county boundary maps more uniform and consistent; it also passed 6-0. Rep. Boles’ HB 3463, requested by the State Auditor’s Office, would modernize the municipal audit process for small communities under 2,500 population and codify work done over several years with the Oklahoma Municipal League; it passed 6-0. The committee then announced one more meeting would be held the following week and adjourned.

Transcript Highlights:

• As background, the Office of Financial Management maintains a comprehensive classification plan for all
• It improves the fan experience while replacing the black market with accountability.
• A question for either of you: if we're talking about financial incentives and disincentives, how do the
• But sports wagering is much more negative community interaction versus NIL, which may be the financial
• You know, the financial pressure that other people feel to succeed at what they're doing.

Bills: HB2205, HB2309, HB2206, HB2123, HB2120, HB2411

Keywords: sports wagering, gambling regulation, state control, licensing, consumer protection, state employment, classified service, civil service, job qualifications, degree requirements, postgraduate degree, master's degree, doctorate, higher education, Office of Financial Management, OFM, classification plan, salary survey, market rate pay, compensation

Summary: The committee began in executive session with staff briefing several bills and amendments. House Bill 2206 on uniformed and overseas civilian voting was discussed with multiple amendments, but it was ultimately pulled from consideration for the day. House Bill 2123 on foreign national donors was taken up with a proposed substitute and an amendment raising the certification threshold to $6,000; members debated transparency and burden on auditors, and the substitute bill was reported out with a due pass recommendation by a 5-2 vote. House Bill 2120, which would remove two JLARC reporting requirements, also passed out of committee unanimously. House Bill 2411, authorizing shared leave for state employees involved in immigration enforcement actions or who are victims of hate crimes, was amended for clarity and federal-law consistency and then reported out with a due pass recommendation by a 5-2 vote after some members expressed reservations about its complexity. The committee then opened hearings on House Bill 2309, which would prohibit state civil service job classifications from requiring a postgraduate degree as the only way to qualify unless required by law. The prime sponsor and OFM testified that the bill would reduce barriers to state employment and expand the applicant pool while preserving competency standards. Testimony was generally supportive, with witnesses describing the measure as consistent with broader efforts to use skill-based hiring and value lived experience. The committee also heard House Bill 2205 on sports wagering. The bill would allow tribal sports wagering to accept wagers from customers physically present at any tribal gaming facility, and would allow wagering on Washington college teams while continuing to prohibit bets on the performance of individual Washington student-athletes. The sponsor and tribal witnesses said the bill would bring existing betting activity into a regulated market, improve integrity monitoring, and support tribal collaboration; university and Washington State University representatives opposed it, warning of harassment, integrity risks, and expanded exposure for student-athletes. A taxpayer advocacy witness urged broader online sports betting access, while tribal and gaming witnesses emphasized regulation and consumer protection. No final action was taken on the hearing bills before adjournment.

Bills: SJR 2, SB 4, SJR 36, SJR 2, SB 4, SR 42, SR 74, SR 76, HCR 5, SB 710, SB 710

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• of these decisions on the most serious offenses, rather than an appointed magistrate, to bring accountability
• So why shouldn't criminals be financially responsible?
• he was let out because of a glitch in the system, he didn't even have an opportunity to be held accountable
• There's nothing partisan about asking our judges to hold people accountable when they do horrible things
• on those benches are the worst offenders, and the magistrates who are not elected and not held accountable

Bills: SJR2, SB4, SJR36, SJR2, SB4, SR42, SR74, SR76, HCR5, SB710, SB710

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• Dean of the Senate moves to excuse Senator Campbell on account of illness. Is there an objection?
• NAIFA, of course, National Association of Insurance. and financial advisors.

Bills: SJR2, SB4, SJR36, SJR2, SB4, SR42, SR74, SR76, HCR5, SB710, SB710

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• Treasurers must also redact addresses from books of accounts.
• accounts the residual value of the asset.
• And lastly, we hold people accountable.
• And lastly, we hold people accountable.
• Second, the name and city of residents of a financial donor, the amount of a financial donation, and

Bills: HB2176, HB2244, HB2120, HB2333

Keywords: drug therapy, public records, confidentiality, healthcare, collaborative practice, transparency, accountability, exemptions, government accountability, audit, legislative review, resource efficiency, committee work, political violence, elected officials, election officials, criminal justice, protection, safety, threats

Summary: The committee heard testimony on House Bill 2333, House Bill 2176, House Bill 2120, and the opening staff report on House Bill 2244. HB 2333 would expand protections for elected officials, candidates, executive state officers, election officials, and criminal justice participants by allowing address confidentiality, redacting certain campaign, financial, voter, and property records, increasing some penalties related to threats against officials, and creating or expanding security-related funding and assessments. The prime sponsor and many supporters described rising political violence, doxxing, and threats at homes and workplaces, while opponents and agency staff raised concerns about constitutional issues, implementation burdens, costs, and whether the bill would be effective given other ways addresses can be found. Secretary of State, county auditor, PDC, and archives staff said the bill would create major administrative and fiscal challenges; the committee did not take final action during the hearing. HB 2176 would make collaborative drug therapy agreements confidential under the Public Records Act except when the agreement is the basis for a disciplinary order or stipulation, in which case only the relevant personal information would be disclosed. Supporters, including the sponsor, pharmacists, physicians, and health advocates, said confidentiality is needed to protect providers involved in reproductive health and other sensitive care from harassment, threats, and out-of-state legal pressure, while preserving disclosure when misconduct occurs. A media representative supported the bill’s narrow exception, and committee members later clarified that the agreement would not be publicly available absent disciplinary action. No vote was taken. HB 2120 would eliminate two JLARC reporting requirements: the biennial report on municipal lodging tax revenues and the periodic evaluation of the training benefits program. The bill sponsor and JLARC leadership said the reports are redundant or not being used, and that removing them would save staff time and allow more performance audits; the hospitality industry testified that lodging-tax reporting provides important oversight and transparency, especially where funds may be used for projects that do not directly promote tourism. The committee then moved on to HB 2244, which was introduced as a Sunshine Committee package making disclosure/confidentiality changes in 13 areas, including records involving long-term care ombuds procedures, donations to public institutions, grand jury reports, archaeological sites, toxicology blood analyses, accident reports, driver case records, child behavior data, financial institutions investigations, birthing centers, corporate interrogatories, family court files, and OFM efficiency surveys.

Transcript Highlights:

• from occurring ever again by heightening accountability, transparency, and reporting measures at SBA
• Last year, SBA's disaster loan account had a completely unacceptable 66-day shortfall, which prevented
• Together, these two bills increase transparency and hold SBA accountable to the American public.
• We will move on to amendments to S.300, the Disaster Loan Accountability and Reform Act.
• Accountability and Reform Act.

Bills: SB298, SB300, SB371

Keywords: employee relocation, headquarters, Small Business Administration, Washington metropolitan area, telework, cost reduction, rural markets, geographic diversity, disaster loans, accountability, reporting, loan forgiveness, federal funding, SBA reforms, small business, disaster assistance, transparency, report publication, government accountability

Transcript Highlights:

• I spent the last couple of days scraping CAFR data, which is the Comprehensive Annual Financial Reports
• Every meeting, every document, every dollar is accounted for and is open to the public.
• So that's where they... ...willing to go with the financial pressures that the 3.5% caps put on.
• But in this case, a fixed statewide cap doesn't take certain local needs and conditions into account.
• I'm the Chief Financial Officer for the city of Austin, here today...

Bills: SB9, SB 9

Keywords: property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap, tax rollback, tax levy, maintenance and operations, debt rate, disaster relief rate, Texas Legislature, local taxing unit, school assessment

Transcript Highlights:

• Under the current financial code, a financial institution may charge an administrative fee for non-real
• I guess they're a financial team at Nationwide. Nationwide, they're like a financial institution.
• We're talking about accounts receivable.
• into their account.
• Factoring is an existing account receivable. And this bill would be future accounts receivable.

Bills: HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175, HB245

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Transcript Highlights:

• The Committee on Pensions, Investments, and Financial Services will come to order.
• These double-tax fees are an increasing source of financial strain, especially as consumer preference
• Any financial institution, big or small, can join in this system and participate.
• And doing so will create an expensive accounting nightmare for us. Thank you.
• Have you even seen the financial reports for Visa? MasterCard has profit margins of 50%.

Bills: HB245, HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175

Keywords: property tax, delinquent taxes, ad valorem, penalties, interest cap, military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees

Transcript Highlights:

• This bill improves local government financial transparency and accountability, and ensures the responsible
• As this bill is related to local government financial transparency and accountability, this amendment
• I mean, I’m not a financial expert. I can talk to you...
• Shouldn’t we do the same thing with financial data, do you think?
• I mean, I’m not a financial expert. I can talk to you about water policy all day long.

Bills: S0018, S0028, S0260, S0848, S0934, S1014, S1102, S1264, S1566, S1622, S1724

Keywords: negligence, compensation, child welfare, law enforcement accountability, personal injury, police negligence, law enforcement, monetary compensation, civil rights, city liability, electric vehicle, EV, battery fire, lithium-ion battery, towing, wrecker service, vehicle storage, submerged vehicle, saltwater damage, fire marshal

Summary: The committee heard and advanced a wide range of bills focused on water safety, utilities, housing, transparency, and claims relief. CS/SB 848 on stormwater treatment was presented as a follow-up to prior water-quality legislation and reported favorably with one support waiver. SB 28, a claims bill for Reginald Jackson against the City of Lakeland, was also reported favorably. CS/SB 658, a bipartisan child-drowning prevention bill for rental properties, drew extensive testimony from child advocacy and drowning-prevention groups in strong support; amendments required rental license applicants to certify compliance and removed local-government add-on authority, and the bill was reported favorably. CS/SB 18, a claims bill involving the estate of a deceased minor and the Broward County Sheriff’s Office, prompted questions about settlement and responsibility but was ultimately reported favorably despite opposition from a waiver form. Several utility and infrastructure measures were considered. CS/SB 1724 would regulate municipal utility service outside city limits, limit revenue transfers, require public meetings, and cap rate differences; an amendment added gas utilities, and the bill was reported favorably after testimony from municipal utility representatives and small-county advocates. CS/SB 1014 would require municipal utilities to extend water and wastewater service to certain nearby residential properties without conditioning service on annexation; an amendment narrowed the bill to residential uses and clarified capacity and grandfathering provisions, and it passed favorably. CS/SB 1102 would allow local infrastructure surtax revenue to fund body camera programs, with an amendment making the surtax authorization prospective and requiring a new referendum; it was reported favorably. CS/SB 260 on electric-vehicle storage in towing yards was amended to focus on storage only and to tie the higher fee to the period before fire-risk inspection, then reported favorably after testimony from insurers, fire officials, and EV industry representatives. The committee also advanced education, housing, and ethics-related bills. SB 1264 would ease zoning and code barriers for small private schools and micro-schools, with supporters arguing it would expand school choice and opponents raising implementation concerns; it was reported favorably. SB 934 on Florida Keys areas of critical state concern was amended to remove a tax-exemption section that conflicted with the Live Local Act, then reported favorably. SB 1622 would provide a one-time waiver of late financial-disclosure fines under specified conditions and was reported favorably. Finally, CS/SB 1566 on local government spending and transparency required online posting of budgets and related materials, and an amendment added utility revenue reinvestment and other changes while removing DEI spending restrictions; the bill drew support for transparency but concern from small cities and counties about cost and workload, and it was reported favorably. The meeting ended with adjournment after senators recorded votes on selected bills.

Transcript Highlights:

• This will ensure more transparency and accountability. On taxpayer funds.

Bills: HB3985, HB3883, HB4335, HB3416, HB3417, HB3418, HB3619, HB3624, HB3463

Keywords: property rights, public nuisance, compensation claims, government enforcement, Oklahoma Safe Neighborhoods Act, public utility, municipal water, wastewater services, liability protection, third-party contractors, infrastructure maintenance, emergency response, regulatory compliance, animal welfare, pet shops, commercial breeders, county regulations, animal shelter licensing, county purchasing, procurement practices

Transcript Highlights:

• </c><00:15:59.920><c> reports</c> fund two on their financial reports fund two on their financial reports
• For example, KDE should require that the RTC financial accounts be established as ...
• RTC financial accounts be established as agency funds rather than district funds.
• </c> education assessment and accountability education assessment and accountability review<00:20:15.520
• accountability, and program effectiveness. effectiveness. effectiveness.

Keywords: Call to Order and Roll Call: 00:22 Office of Education Accountability Report: Early Childhood Regional Training Centers (RTCs): 01:22 Approval of July 14, 2025 Minutes 31:21 Office of Education Accountability: 2025 Study Agenda 32:35 Adjournment: 39:12, 958, all

Summary: The subcommittee heard an Office of Education Accountability report on Kentucky’s early childhood regional training centers (RTCs). OEA said the centers provide valuable training, consultation, technical assistance, and materials for preschool personnel, especially for children with disabilities and at-risk students, and that the services align with state and federal requirements. However, the report found uneven student and teacher populations across regions, wide variation in per-student funding, some staffing data inaccuracies, and several fiscal oversight concerns, including inconsistent indirect cost rates, a building rental charge that may have been duplicative, and host districts recording RTC expenditures in a way that could blur them with district finances. OEA also said some documentation of progress toward goals was incomplete and that the technology lending library appeared underused. The report recommended stronger KDE oversight, uniform coding and accounting practices, review of budgets and expenditures, and an evaluation of whether the current five-center model remains the most efficient structure; OEA also suggested the General Assembly may wish to revisit KRS 157.318. Members asked about KDE’s response, whether the centers are required by federal law, how the centers operate, and whether changing the model would affect federal funding. OEA said KDE had only discussed the findings informally and had not issued a formal response, the centers are required by state law but not federal law, and changing the model would not jeopardize IDEA preschool funds. The committee accepted the report by motion. The subcommittee then approved the minutes from its July 14, 2025 meeting after initially delaying action because quorum was not yet present. After that, members turned to the Office of Education Accountability’s proposed 2026 study agenda. OEA said the three proposed topics are the annual district data profiles, facilities funding, and implementation of early literacy statutes. The district profiles would add an appendix showing the number and percentage of students moving to private school or homeschool by district and another appendix noting data-quality issues that affect comparability. OEA explained that district staffing data can undercount contract staff because those employees are not always entered into the system, and members expressed interest in tracking whether prior recommendations were implemented. One senator also raised a separate interest in reviewing whether KDE created and implemented regulations related to KFIX. The discussion remained informational, with no final vote on the study agenda shown in the transcript excerpt.

Transcript Highlights:

• It has a three-month financial reserve policy, carries 8.1 months of reserves.
• So there's a pooled account where all the gold stays.
• Does that mean that sort of my account balance is going to fluctuate?
• What type of account is being created? Is it a single-party account? Is it a multi-party account?
• What type of account is being created? Is it a single party account? Is it a multi-party account?

Bills: HB42

Keywords: special prosecutor, state law, criminal justice, accountability, law enforcement

Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.

Transcript Highlights:

• </c> been doing local accountability. been doing local accountability.
• </c> state accountability. state accountability.
• </c> with that state accountability piece. with that state accountability piece.
• . accountability. accountability.
• Sometimes we look at financial improprieties. We don't have accounting capability.

Keywords: 0:00:03 - Call to Order and Roll Call 0:00:43 - Approval of October 14, 2025 and November 4, 2025 Minutes 0:01:15 - Acceptance of Office of Education Accountability Report: Analysis Of Student Discipline Data in Kentucky Schools 0:02:10 - Implementation Update on 26 RS HB 257 0:49:38 - Career and Technical Education in the Assessment and Accountability System 1:13:50 - Office of Education Accountability Annual Report 1:47:27 – Adjournment, 958, all

Summary: The Education Assessment & Accountability Review Subcommittee approved the minutes from its October 14 and November 4 meetings and also approved the Office of Education Accountability report analyzing student discipline data in Kentucky schools. The main presentation came from KDE Commissioner Dr. Robby Fletcher on implementation of House Bill 257, which he said has two major parts: selection of a statewide college entrance exam through a new procurement process, and development of locally designed indicators of quality for accountability. On the college exam, Fletcher explained that the state had to reopen procurement after Senate Bill 197, with the RFP released May 21, vendor questions handled through the Finance and Administration Cabinet, proposals due June 22, and scoring and review expected in July and August, with a vendor decision not likely until October. He emphasized that the exam is a norm-referenced college-readiness measure, not a test of Kentucky academic standards, which are assessed by the KSA. Members asked about the science requirement in statute, the possibility of multiple vendors or district choice, and whether the CLT could participate; Fletcher said vendors must address science in the RFP, multiple vendors could be possible, and any vendor could submit a proposal if it meets the rubric. He also noted that ACT and SAT differ in structure, that either can meet college-readiness benchmarks, and that there were no major complaints about the SAT during its first year of use. The second major topic was the locally developed indicators of quality under House Bill 257. Fletcher said these are intended to let districts measure themselves against their own goals rather than compare districts statewide, while still aligning with Kentucky standards. He described examples such as achievement, growth, student well-being, safety, fiscal responsibility, civics, internships, apprenticeships, project-based learning, and defenses of learning. He said districts may use local assessments such as MAP, STAR, and I-Ready alongside state data, and that local models should be developed with families, community members, and workforce partners. He added that KDE is providing technical assistance, has applied for a federal CGSA grant, and will use a one-time $15,000 cost offset for districts implementing local accountability models, with a superintendent webcast planned for August.

Transcript Highlights:

• Welcome to Banking, Financial Services, and Pensions.

Bills: SB1623, SB2067, SB2132

Keywords: credit union, Oklahoma State Credit Union Board, membership, loans, investments, board compensation, financial regulations, financial exploitation, protected adults, financial institution, notification, temporary hold, credit card, surcharge, discounts, consumer protection, payment methods

Summary: The Banking, Financial Services, and Pensions Committee heard three bills. Senate Bill 2132, presented by Rep. Geis, would raise the allowable credit card processing fee cap from 2% to 3% and preserve consumer protections requiring notice to customers. During discussion, members raised concerns about whether 3% was enough to cover actual merchant costs; Geis said she had spoken with the Senate author and was prepared to amend the bill to 4%, which she said would better match average costs and cover most businesses. The committee agreed to let the language be handled before Oversight, and the bill passed 8-0. House Bill 1623, also presented by Geis, updates the state charter for credit unions to give state-chartered institutions more flexibility similar to federally chartered credit unions. It revises field-of-membership rules, removes geographic or membership overlap considerations, and allows the board to add association categories for individuals in underserved areas below 150% of the poverty level. The bill received no questions and passed 8-0. Senate Bill 267, presented by Rep. Lepak, carries the same language previously passed in House Bill 3020 and deals with protection of vulnerable adults. Lepak said bankers and credit unions were working together on the measure. The committee took no substantive debate and passed the bill 8-0. The meeting then adjourned.

Bills: SB 2, SB 10, HB27, HB18, HB17, SB 9, SB 7, SB 17, SB 4, HB18, SR 1, SR 2, SR 5, HB18, HB17, SB9, SB7, SB17, SB4, SR1, SR2, SR5, SB2, SB10, HB27

Keywords: HB 18, Texas Legislature, quorum break, quorum-busting, legislative walkout, absent legislators, political contributions, campaign finance, political expenditures, legislative caucus, specific-purpose committee, Texas Ethics Commission, civil penalty, show cause order, district court, Fifteenth Court of Appeals, session fundraising, travel lodging food expenses, legislative session, compelled attendance