Video & Transcript Research : 'liability'
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WA
Washington 2025-2026 Regular Session
Pension Funding Council Jun 23rd, 2026 at 02:00 pm
Pension Funding Council
Transcript Highlights:
- Prior to 2011, the supplemental benefit liability was largely not pre-funded.
- in assets is available for every $1... ...offset the accrued liability.
- So how much in assets is available for every $1 of accrued liability.
- Lower benefits means lower liability.
- Strong markets produce higher assets and lower liabilities.
AZ
Arizona 2026 Regular Session
06/12/2026 - House Republican Caucus Calendar #28
Transcript Highlights:
- The Senate amended the bill by expanding the requirement to maintain a commercial boat liability policy
- boat policy with a specified commercial charter boat liability endorsement instead of a commercial boat
- boat liability insurance policy as prescribed.
- The Senate amended the bill by expanding the requirement to maintain a commercial boat liability policy
- boat liability insurance policy as prescribed.
Summary:
The committee heard concurrence and Senate-amendment explanations on a series of House measures. HCR 2001 would place a constitutional question before voters on election-related changes, including limiting voting to U.S. citizens, banning foreign national election contributions, requiring government-issued ID, and allowing ballot tabulation at the voting location; supporters described it as an election-security and faster-counting measure, while members noted possible county costs and the need for future appropriations if approved. HB 2305 on private towing was described as a statewide response to predatory towing, with Senate changes delaying local rate updates and creating a study/reporting framework for towing enforcement. HB 2321 would require DCS to place security freezes on children’s credit records, but the Senate removed the appropriation. HB 2397 revised HOA/condominium sale-notice procedures, and HB 2398 required insurance coverage for peer-to-peer or charter watercraft rentals while clarifying that ordinary boat ownership would not be mandated to carry insurance.
The committee also reviewed HB 2406, which the Senate struck and replaced with confidentiality protections for records involving deceased minors and minor victims of child abuse; HB 2408, which revised nursing board complaint and expungement procedures, added complainant confidentiality protections, and required public posting of policy statements; and HB 2755, which was substantially rewritten to facilitate the sale of underperforming state trust lands by allowing certain lessees to apply to purchase parcels through an appraisal-and-auction process. Members discussed a specific Dairy Queen/state land parcel example as the practical impetus for HB 2755. HB 2957 would bar governments from requiring digital/mobile driver licenses for services and limit ADOT’s retention and use of identity documents and biometric data, with the sponsor emphasizing privacy and federal-law carveouts.
Finally, HB 4005 would require AI instruction in schools, with the Senate expanding it from district-level instruction to grade-specific student requirements and directing ADE on curriculum development. Supporters framed AI literacy as essential for students’ future competitiveness and ethical use, while opponents objected to the mandate and questioned its fit for charter schools and core academics. The meeting ended after the committee moved through the bills and adjourned.
AR
Arkansas 2026 1st Special Session
ALC-CLAIMS REVIEW/LITIGATION REPORTS OVERSIGHT Mar 16th, 2026
ALC-CLAIMS REVIEW/LITIGATION REPORTS OVERSIGHT
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 Mar 17th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- Liability, and you talked about property tax liability.
- Who has property tax liability?
- I can claim a child tax credit which buys down my liability. My tax liability brings it to zero.
- Amazon has no income tax liability.
- You didn't have to have income tax liability or direct property tax liability in order to get one of
NH
New Hampshire 2025 Regular Session
House Executive Departments and Administration (01/30/2025)
Transcript Highlights:
- That's correct, Madam Chair, that this additional liability...
- <03:23:41.960>
of acred liability of acred liability of 11.1<03:23:44.199>you <03:23 - un the unfunded acred liability un the unfunded acred liability by by by group<04:33:25.840>
- <04:33:54.480>
for have always measured the liability for have always measured the liability - will impact the unfunded ACR liability will impact the unfunded ACR liability without<05:15:18.200
Summary:
The committee first took up House Bill 622, but after the sponsor said further research raised concerns, he asked that the bill be tabled. The committee then moved in executive session and voted unanimously to find the bill inexpedient to legislate, sending it to consent. The committee also retained House Bill 349, the ophthalmologic laser bill, after members said more time was needed for the professions involved to work out training standards and provide additional information; that motion also passed unanimously.
The committee then discussed House Bill 244, a municipal building/fire code recodification measure. Members said the bill needed more review and careful scrutiny because of its length and possible unintended effects, and they voted unanimously to retain it as well. House Bill 534 was then heard; the sponsor said the bill did not do what was intended because of a misunderstanding about current processing, and the committee voted inexpedient to legislate and placed it on consent.
The committee next considered House Bill 233, with an amendment to remove a requirement affecting the New Hampshire Vaccine Association. Supporters argued the bill would reduce an unnecessary burden and improve transparency, while opponents said the committee should not single out one private 501(c)(3) organization. The amendment was adopted 8-5, and the bill as amended then passed 7-6; a minority report was requested. Finally, the committee opened House Bill 536, a proposed 1.5% cost-of-living adjustment for certain state retirees. The sponsor and supporters argued retirees had not received adequate COLAs and that the bill would help offset inflation, while the retirement system testified that the proposal would add significant costs, including an estimated $1.5 million for the state, $6.6 million for political subdivisions, and about $100.7 million in present-value unfunded liability, with the impact reflected in future employer contribution rates.
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Apr 22nd, 2026
Transcript Highlights:
- The current liability, estimated at $30 billion, is growing quickly, adding $3 billion in new liability
- For years, carrying with it the existing and growing $30 billion liability.
- The bill brings California in line with other states by limiting liability default.
- No other state has this uncapped, expansive vicarious liability provision.
- We are not asking to strike the vicarious liability provisions.
Summary:
The Assembly Insurance Committee met as a subcommittee at first because a quorum was not initially present, then later established a quorum and heard several bills. The main special-order item was AB 1795 (Gibson), which would create statewide standards for testing, inspection, and remediation of wildfire smoke damage in homes, with CalEPA and public health agencies developing science-based standards and insurers required to follow new claims-handling timelines. Supporters, including Insurance Commissioner Ricardo Lara and wildfire survivors, said the bill would bring consistency and safety; insurers and consumer groups generally supported the concept but sought further amendments on scope, standards, and claim handling. The committee voted do pass as amended and refer AB 1795 to Appropriations, with the roll held open for later additions.
The committee also considered AB 1576 (Ortega) on the Subsequent Injury Benefit Trust Fund, which would make changes intended to reduce litigation and employer assessments while preserving the program’s purpose of encouraging hiring of workers with prior disabilities. Labor-side witnesses supported the bill as a reform step, while business, public entity, and insurance groups opposed it, arguing it did not address the core structural problems and that a trailer bill was a better vehicle for broader reform. AB 1576 was voted do pass to Appropriations, with the roll held open.
AB 1931 (Papan) would create an optional limited-lines license for utilities to offer home protection products for repairs to appliances and utility service lines. Support came from HomeServe, utilities, and industry groups, who said the bill would clarify current law and add consumer protections such as training, disclosures, and a free-look period; there was no opposition in the room. The committee passed AB 1931 to Appropriations. AB 2361 (Pacheco) would limit vicarious liability for peer-to-peer vehicle-sharing platforms like Turo while preserving insurance coverage requirements; supporters said it would align California with other states, while consumer attorneys opposed it as reducing accountability and consumer recovery. The committee passed AB 2361 as amended to Appropriations. AB 2098 (Kalra), heard later, would require employers to allow leave for workers to attend treatment for occupational injuries during work hours, subject to notice and business-necessity limits; labor groups supported it and business and insurance groups sought narrower standards. It was also voted do pass to Appropriations. The committee then completed roll-call add-ons and adjourned.
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 3rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- We had about $14 billion in unfunded liability.
- Don't expect the pension plan to be a- able to generate that liability in its investment returns.
- Our unfunded liability is sitting just over $60 billion.
- However, we are in a position to pay that liability off over the next 28 years.
- In terms of paying off that unfunded liability.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Nov 5th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- However, our accrued liability has increased.
- So our unfunded liability, what we are short, is $9.7 billion.
- But at that point in time, our liability was less than a billion dollars.
- So while we're making improvement, that unfunded liability...
- And the SB 72 was really to address the unfunded liability.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/17/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- Pension policy, you want to match assets with liabilities.
- , it's funding an unfunded liability.
- be able to fund their liabilities in the TRA program.
- I'm not sure about reducing the liability of the plans.
- liability, unfunded liability for TRA. liability, unfunded liability for TRA.
Summary:
The commission first approved the minutes and then took up several pension omnibus items. Representative Rapinski’s item, related to an I-RAP issue, was moved ahead of the agenda and passed without further information after members noted the State Board of Investment and Minnesota State had not identified additional facts; the bill, as previously amended, was recommended for inclusion in the 2026 Pension Omnibus Bill. The committee also corrected a procedural issue on Senator Gustafson’s bill, SF 3897/HF 3703, after realizing an amendment referenced earlier belonged to a different bill; the motion was restated without the amendment reference and the bill was then recommended to pass and be incorporated into the omnibus bill.
The main policy discussion centered on SF 3897/HF 3703, which would change how terminating firefighter relief association plans value benefits for firefighters under age 50. Senator Gustafson said the current statute can unfairly reduce benefits by requiring present-value discounting and that the bill would instead allow benefits to be based on accrued benefit under the plan formula, while still leaving relief associations flexibility to use present value if they choose. Staff confirmed the bill applies only to relief associations under chapter 424B, not PERA or the statewide plan. Senator Rasmussen raised concerns about consistency between SVF and non-SVF reliefs and about differing treatment on termination; the bill author acknowledged the difference. The committee ultimately voted to recommend the bill for inclusion in the omnibus pension bill.
The final major item was House File 4162, as amended by an A1 amendment, which requires employers of reemployed annuitants in TRA to make employer contributions during reemployment, including Minnesota State Colleges and Universities employees covered under section 354.445. Representative O’Driscoll argued the bill would direct existing education-formula pension dollars to TRA, prevent districts from using those funds elsewhere when retirees are rehired, and keep the employee neutral because the annuitant’s benefit would not change. Supporters said the measure would help pension funding and address situations where districts rehire retired teachers, often in hard-to-fill specialties. Opponents, including Senator Rasmusson, questioned the added cost to school districts, citing an estimated $5.385 million in annual TRA revenue from the change and warning it could reduce districts’ ability to hire or retain staff. After discussion, the committee had not yet taken final action on this item in the portion of the meeting provided.
NM
New Mexico 2026 Regular Session
Senate Chamber Feb 12th, 2026 at 04:57 pm
New Mexico Senate Floor Meeting
Transcript Highlights:
- Madam President and Senator, I get to thinking sometimes about our civil liability or liability insurance
- I get to thinking sometimes about our civil liability or liability insurance, and I know the secretary
- you have, and your insurance broker will tell you the liability you should probably cover.
- But the state does not accept liability when they sign contracts.
- They put the liability upon the vendor.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/18/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- <00:41:40.880>
and ensure that Actuarial liabilities and ensure that Actuarial liabilities - It's almost 24% of their liability, so this factor has a bigger effect on the overall plan liability
- <00:50:55.400>
would decrease in unfunded liabilities would decrease in unfunded liabilities - <01:35:57.600>
which assumption for our liabilities which assumption for our liabilities which - helps us weather some of that liability helps us weather some of that liability or<01:36:00.360>
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 022 Feb 5th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- We're going to liability provisions.
- . liability. liability. repeal. repeal. repeal.
- ,<01:50:07.840>
that to this limitation on liability, that to this limitation on liability - >
limiting liability limitation provisions limiting liability limitation provisions limiting the - and liability limitations. and liability limitations.
Summary:
The Senate convened with a quorum, approved the February 3, 2026 journal, and received committee reports on several bills, appointments, and resolutions. Finance reported Senate Bills 9 and 39 favorably, with SB 39 recommended for the consent calendar, and the State, Veterans, and Military Affairs Committee reported Senate Bills 27 and 29 postponed indefinitely. The chamber also received and later adopted Senate Joint Resolution 9, recognizing Missing Persons Day, after extensive remarks from Senator Danielson and Senator Cattellin (spelling as transcribed) and recognition of families, law enforcement, CBI staff, and Missing and Murdered Indigenous Relatives office staff in attendance. SJR 9 passed 33-0.
The Senate then took up Senate Bill 1 on third reading and final passage, a housing measure authorizing county commissioners to support certain housing and expanding the middle-income housing tax credit to certain transferees. The bill passed 26-7. The chamber also heard a personal privilege recognizing School Nutrition Day and the Colorado School Nutrition Association, highlighting their work providing meals to students and implementing the Healthy School Meals Act.
In Committee of the Whole, the Senate began second reading of Senate Bill 32 on immunization access. The bill would expand use of the state immunization schedule alongside ACIP recommendations, allow pharmacists to independently prescribe, dispense, order, and administer vaccines, update liability provisions, authorize rulemaking for infant immunization programs, and remove a prohibition on using state money for those programs if federal funds are unavailable. Senators Mullica and supporters argued the bill protects access to vaccines and insulates Colorado from federal dysfunction, while Senators Bright and Frisell raised budget concerns and supported Amendment L004 to restore the state-funding prohibition. Senator Ba opposed the amendment, saying the bill merely removes a funding restriction and does not mandate spending. The transcript ends during continued debate on Amendment L004, with no final vote on SB 32 shown.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Apr 23rd, 2025
Transcript Highlights:
- There is a program in place where we share information to offset those liabilities. at the benefit of
- I think it's critically important. we center them in this conversation because the liability here is
- One is, public agencies are certainly not aware of 100% of their liability.
- Are you concerned about future liabilities that are unidentified? Oh, absolutely.
- While we don't know the full scale of liability statewide, we do know it's substantial and potentially
NM
Transcript Highlights:
- We are in opposition due to the expansive liability it places on online marketplaces.
- We use products liability cases to do a number of things, and this is trying to do that.
- The bill does not impose strict liability, but it puts online sales into the area of products liability
- And to me, Madam Chair, Senator, that sounds a lot like strict liability. So, yeah, so.
- just like any other product—products liability.
NH
Transcript Highlights:
- We we do value this liability before.
- sharing of that liability. sharing of that liability. followup<00:08:43.279>
question. - mysterious, unknown, undefined liability mysterious, unknown, undefined liability on<00:32:54.880
- their tax liability their tax liability um<00:49:14.800>
for <00:49:15.119>whatever BPT liability or a bet liability. BPT liability or a bet liability.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Nov 5th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- The main factor keeping COLAs at just about half of 1% is the increasing unfunded liability.
- increases, and in turn, the high unfunded liability means COLAs for retirees stay at the minimum 0.5%
- The 2025 actuary report released just last week shows that on its current path, the unfunded liability
- So, in all likelihood, the predicted growth in unfunded liabilities shown in that report will extend
- Retiree COLAs just simply should not be tied to unfunded liability.
NH
New Hampshire 2025 Regular Session
House Health, Human Services and Elderly Affairs (03/05/2025)
Health, Human Services & Elderly Affairs
Transcript Highlights:
- Kennedy regarding liability and whether pharmaceutical companies are held harmless from liability.
- ordinary standard for civil liability ordinary standard for civil liability for<03:54:09.880>
- <03:54:38.560>
from afraid of the Civil liability from afraid of the Civil liability from - <04:00:39.399>
zero blanket waiver of liability zero blanket waiver of liability zero liability - I will waive liability.'
UT
Utah 2025 Regular Session
Transportation Interim Committee - November 20, 2025
Transportation Interim Committee
Transcript Highlights:
- That is paid for by liability insurance.
- And so you’d like to see the liability insurance? The liability insurance to pay for recoveries.
- And then make liability insurance liable... Yeah, right.
- And then make liability insurance liable for that liability of that truck that's laying sideways on Interstate
- They get paid out of the liability insurance.
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee May 7th, 2025
Transcript Highlights:
- At the same time, I do understand the unique liability that the part... ...the unique liability that
- Is it a liability issue for the park ownership on that?
- Well, I would argue that the liability issue is real on the part of the park owner.
- I'll tell you, as a lawyer, one way to guarantee liability is to require inspections.
- So basically, you kind of read why liability is limited.
Summary:
The Assembly Housing and Community Development Committee heard four items, including one consent bill, and began before quorum was established. AB 760, by Assemblymember Ta, would temporarily allow mobile home park-owned homes to be rented to people displaced by a natural disaster in areas under a declared state of emergency, including adjacent jurisdictions. Supporters said it would quickly add housing after fires, floods, or earthquakes; there was no opposition at the hearing, and members generally praised the narrow committee amendments. The bill later passed on a due-pass-as-amended vote.
Chair Haney presented AB 1445, which would let cities create downtown recovery districts to finance office-to-housing conversions and other downtown revitalization projects using growth in property tax revenue. Support came from the California Travel Association, Housing Action Coalition, IKEA, Spur, Abundant Housing, and Circulate San Diego, with members saying the bill could help downtowns recover and expand mixed-use housing. The committee voiced support and interest in broader use of the tool, and the bill was approved on a due-pass-as-amended vote.
AB 456, by Assemblymember Connolly, drew the most extensive debate. The bill would prohibit mobile home park managers from requiring interior repairs or improvements as a condition of sale and would require timely written lists of exterior repairs, with supporters arguing that park managers are interfering with sales and delaying closings. Opponents, led by the Western Manufactured Housing Communities Association, argued that interior inspections are needed to protect buyers and park residents from unsafe conditions and potential liability. Members raised questions about safety, disclosure, HCD oversight, and liability; after discussion, the bill was moved on a due-pass-as-amended vote, with some members not voting or expressing reservations. The committee also approved the consent calendar.
LA
Transcript Highlights:
- What are we extending liability immunity for in these instances?
- And that's not limiting liability in a fashion? No, it's not.
- At the end of the day, they have this liability protection.
- You don't give liability immunity to average citizens.
- So the administrative costs and the unfunded accrued liability are paid.
Summary:
The committee first approved the May 5 minutes and then heard House Bill 578, which would define sex in Louisiana law as biological sex, replace references to gender with sex in various statutes and forms, and direct the Law Institute to make conforming changes. Supporters from the governor’s office said the bill would bring clarity and consistency, while opponents argued it could create conflicts with existing law and weaken protections tied to gender identity. After debate, the committee reported HB 578 favorably.
Members then considered House Bill 1250, a measure aimed at aerospace-related litigation. The bill would allow a special motion to strike certain claims against aerospace flight entities when the claims are preempted by federal law. Senators raised concerns that the language was broad enough to affect airports, airlines, contractors, and even unrelated incidents, and the author said he was willing to work on narrowing amendments. The committee nevertheless reported HB 1250 favorably. House Bill 718, dealing with liability protections for private airstrips used for recreation, was amended to narrow its scope and then reported favorably, while House Bill 163, a narrower related airstrip bill, was voluntarily deferred so the committee could work from the other measure.
The committee also approved House Concurrent Resolution 61, which asks the Louisiana Law Institute to review possible conflicts between the constitution and statutes on expropriation. House Bill 180, defining foreign adversaries and agents of foreign adversaries for a proposed constitutional amendment, and House Bill 192, a constitutional amendment barring foreign adversaries from expropriating land in Louisiana, were both reported favorably. House Bill 1008, which sets out academic freedom and whistleblower protections for higher education, was rejected on a roll-call vote after concerns about its scope and limits on university discipline. House Bill 638, a prompt-payment bill for contractors, was set aside while amendments were being located.
Finally, the committee took up House Bill 71, which would extend existing liability protections for justified use of force to properly trained armed security guards. The author and the Board of Private Security Examiners said security officers receive training and often face dangerous situations, but opponents argued the bill would give too much protection to personnel with far less training than law enforcement and could shield bad shootings. After debate, the committee voted to defer HB 71. The last measure discussed was House Bill 1082, which would change venue rules for lawsuits involving the Municipal Police Employees’ Retirement System so actions by the system would be filed where the employer is located; the author said the bill was meant to help small municipalities, and members indicated they were open to narrowing amendments.