Video & Transcript : 'PBI account' :

Page 41 of 500
MA

Massachusetts 2025-2026 Regular Session

Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 11:00 am

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • account called the deficiency reserve account.
  • from the account.
  • It cannot be used... ...in previously funded accounts.
  • It's only to backfill deficiencies in accounts that we have already funded.
  • But the detailed accounting mechanism that we had set forth lapsed and the accountability began to go
Summary: The Senate considered a fiscal year 2025 close-out supplemental appropriations bill and a series of amendments, many of which were withdrawn, adopted, or rejected. Early debate focused heavily on funding for the 2026 FIFA World Cup in Massachusetts, with Senators O’Connor and Feeney arguing for restoring money for transportation, safety, and event readiness, citing projected ridership surges, economic benefits, and the need for Boston and the Commonwealth to invest. Senator Driscoll also won adoption of an amendment directing the MBTA to study and report on its local assessment formula, using Milton and Quincy as examples of perceived inequities in how communities are charged relative to service received. The Senate then took up several other amendments, including measures on fire survivor support, vaccine liability, mental health and sidewalk projects, council on aging and public safety items, disaster relief, service dogs, and MBTA assessments. Senator Tarr offered amendments on driver record transparency and energy cost reporting, but those were not adopted. A major roll-call vote rejected Tarr’s amendment to restore a larger share of excess capital gains to the stabilization fund; supporters argued for stronger rainy day reserves, while the Ways and Means chair defended the bill’s use of a deficiency reserve fund and warned of revenue losses from federal tax changes. The Senate also adopted an amendment on shelter and Home Base spending transparency, requiring renewed reporting on emergency shelter and housing assistance programs. Later, the chamber adopted Senator Edwards’ amendment creating a Massachusetts Federal Employee and Service Member Civil Relief Act to protect federal workers and service members in the event of a shutdown, including relief from eviction and foreclosure-related harms. The Senate also adopted Senator Rodrigues’s Ways and Means amendment, then approved the underlying supplemental budget as amended and ordered it to third reading. After the final roll call, the bill was passed to be engrossed by a 39-0 vote. The Senate concluded by agreeing to adjourn and by honoring Mrs. Anne Lee in memory, with a brief communication from Senator Cyr noting a prior remote-vote error for the journal.
ID

Idaho 2026 Regular Session

Feb 4th, 2026

State Affairs

Transcript Highlights:
  • It accounts for valid existing rights and obligations.
  • So what this means is there's no driver's license required to open an account.
  • It's completely content neutral and has taken into account all of the case law.
  • It's completely content neutral and has taken into account all of the case law.
  • And so I think that it would account for broader interface features.
Committee: House State Affairs
TX
Transcript Highlights:
  • So to summarize this law in a sentence, You want to protect police from accountability.
  • Instead of improving accountability, this creates a system.
  • Having effective accountability measures is essential. It's critical for police agencies.
  • Transparency and accountability are the cornerstones of justice.
  • There's no accountability. It's all corrupt, that's all it is. And please, oppose this.
Bills: SB7 , SB14 , SB 7 , SB 14
AZ

Arizona 2026 Regular Session

02/03/2026 - House Commerce

House Commerce Committee of Reference

Transcript Highlights:
  • of accounting courses relating to certification.
  • Chair, they'll keep putting it through your account.
  • In this product, they have access to the bank account.
  • EWA has direct access to your bank account.
  • Netflix does not have access to my bank account.
Summary: The House Commerce Committee heard House Bill 2181, which would extend the deadline for funeral establishments or responsible individuals to complete and submit death certificates. The committee adopted an amendment reducing the maximum extension to 14 days and clarifying that the medical certification deadline for health care providers excludes weekends and holidays. Testimony from a mortuary owner and the sponsor described delays caused by doctors’ schedules, county processing, holidays, and families needing more time; some members argued the bill did not address the underlying accountability problems for doctors and counties, while others supported the added flexibility. HB 2181 was approved 6-4-1 with a due pass recommendation. The committee then heard House Bill 2682, which creates a DES rental assistance program providing up to two months or $5,000 in aid and appropriates $5 million from the general fund for administration. Supporters said the bill would help families facing short-term crises stay housed, reduce evictions, and serve as a preventive measure that could save money downstream; a constituent testified in Spanish about receiving emergency rental help after falling behind. Some members raised concerns about the program’s cost, the limited target population, and whether seniors should be included, while others supported it as a pilot and asked for possible amendments. HB 2682 passed 7-4. House Bill 2698, which creates a rental assistance study committee to evaluate the effectiveness of such programs and repeals the committee in 2028, was heard next and passed on a 7-4 vote. The committee then considered House Bill 2476, revising CPA certification and reciprocity requirements by creating multiple pathways to licensure and updating related rules and fees. Supporters said the bill would help address a CPA workforce shortage and align Arizona with other states; after questions about whether the bill made licensure harder or easier, the committee unanimously approved HB 2476, 11-0. Finally, the committee began House Bill 2308, which would bar dental insurers and certain holding companies from owning dental practices. The sponsor and Arizona Dental Association argued the bill would prevent conflicts of interest and preserve separation between payers and providers, while Delta Dental opposed the measure as overbroad and potentially burdensome for nonprofit insurers and investors. After discussion about private equity, nonprofit charity care, and vertical integration, the bill was approved 8-0 with three members present. The committee then started House Bill 2118 on mobile food vendors, with the sponsor and food truck operators arguing it would streamline duplicate local permitting, while cities and some vendors opposed it as a loss of local oversight and control; testimony continued, but no final action on HB 2118 appears in the excerpt.
WY

Wyoming 2026 Regular Session

Senate Floor Session-Day 10, February 20, 2026-AM

Wyoming Senate Floor Meeting

Transcript Highlights:
  • Thank you. program account. So, we're simply program account.
  • Uh currently preservation account.
  • </c><01:55:28.639><c> We're</c> money out of those accounts. We're money out of those accounts.
  • the account?
  • </c> it will come out of water account one. it will come out of water account one.
OK
Transcript Highlights:
  • And the email that I was told to send it to last time I went in was an AOL account.
  • So we have a Gmail account, email into an AOL account saying, hey, this is valid. Follow up.
  • Would we believe that they have an AOL account because it's easier to set up in a Service Oklahoma account
  • So we have a Gmail account, email into an AOL account saying, hey, this is valid. Follow up.
  • account?
Summary: The Public Safety Committee met and heard several House bills, most of them receiving due pass recommendations. Representative Banning presented HB 2979, which would allow the Oklahoma Department of Transportation to reduce speed limits on four-lane highways near school zones when the center line is within 150 yards of a school zone; it passed unanimously. He also presented HB 2980, which lets DMV staff accept a physical insurance card during a short window after coverage is purchased instead of waiting for emailed/faxed verification, while still checking the insurance database; it passed 7-0 after questions about fraud prevention and the role of DMV discretion. Representative Dempsey presented HB 3662, reducing the enforcement radius around fixed weigh stations from seven highway miles to five, arguing it would keep enforcement focused on the scales and not rural roads; it passed 5-2. Representative Ford’s HB 4105 was laid over, while HB 4107 passed unanimously and would make it a crime to hack outdoor warning sirens or their PA systems. Representative Kelly’s HB 382 passed unanimously to bar firefighters on the sex offender registry from employment, and HB 383 passed unanimously to make county burn bans easier to declare using National Weather Service red flag warnings. Representative Kerr’s HB 2997 passed to adjust fines for used motor vehicle dealers and increase FTEs in self-regulated divisions. Representative Kelly also presented HB 355, requiring CLEET directors to be CLEET-certified officers; it passed unanimously after discussion about director pay. Finally, HB 2159, a DOC request bill to add omitted prisons back into a prior transportation-related statute, also passed unanimously. The committee then adjourned after completing its business.
CA
Transcript Highlights:
  • The other third goes to the motor vehicle account, which is us and CHP.
  • The other third goes to the motor vehicle account, which is us and CHP.
  • You hold them accountable and get... ...independent and separate and can't account for what they do.
  • , can hold them accountable to their use of those funds.
  • We value motor vehicle, you know, the account, and we value X.
Summary: The committee first heard a DMV budget presentation on the state-to-state verification system required for Real ID compliance and the Digital Experience Platform (DXP) modernization project. DMV officials said the state-to-state system is a pointer-based exchange used when a person applies for a license in another state, with only limited identifying data shared initially and the full driver history sent only after a qualified request. Members raised concerns about privacy, possible misuse by other states or federal actors, notification to Californians, hacking, and whether California could detect or stop abusive access. DMV said it can monitor requests, see patterns of access, work with AAMVA and legal counsel, and seek to block or challenge misuse; LAO said California is in a difficult position and should consider guardrails rather than opt out. On DXP, DMV said the project is on its revised schedule and budget, occupational licensing is complete, vehicle registration is expected by the end of calendar year 2026, and the full system should be finished by fiscal year 2028-29, with phased rollout and reappropriated funding to keep costs controlled. The committee then heard from the California High-Speed Rail Office of Inspector General on a trailer bill and AB 1608. The Inspector General said current law does not clearly authorize public reports or establish a framework for retaining and disclosing work papers, and the proposed trailer bill would create that framework while also adding authority to hire needed classifications and purchase goods and services. He also said the office needs a clearer statutory definition of “proposed agreements” and notice when the High-Speed Rail Authority is reviewing them, so the office can review contracts and related agreements effectively. LAO raised no concerns with the trailer bill language, and Finance said any amendments would come in the May revision. Members debated the scope of confidentiality in the Inspector General proposal, especially whether reports could be held confidential when they identify weaknesses in fraud controls, security, or other vulnerabilities. The Inspector General said confidentiality would be temporary, tied to articulating the risk, reassessing it every 120 days, and releasing the report once the risk is no longer substantial; he also said the office had already published reports at its discretion and had found at least one procurement violation involving an amendment that added services not in the original contract. Several members pressed for stronger transparency and suggested time limits or broader disclosure, while others argued the bill would improve oversight and make the Inspector General’s authority clearer. No votes were taken during the discussion, and the item was left for further work on the trailer bill and AB 1608 language.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Mar 2nd, 2026

Transcript Highlights:
  • The first bill, as you mentioned, is House Bill 2675, which is the OFM Request Accounts Bill.
  • The bill closes eight inactive or zero-balance accounts.
  • The bill closes eight inactive or zero balance accounts.
  • by the pension surplus holding account.
  • by the pension surplus holding account.
Summary: The Ways and Means Committee met in executive session on March 2, 2026, and worked through two large groups of bills, hearing staff briefings, caucusing, and then voting each measure out to the Rules Committee. In the first group, the committee advanced bills on state accounts (HB 2675, with an amendment creating an adult day service facilities account), immigrant worker protections (2SHB 2105, after adopting a striker and Amendment 8 while rejecting amendments that would have changed enforcement and private rights of action), voting rights compliance (E3SHB 1710, with all proposed amendments rejected), AI content provenance and notices (E2SHB 1170, with Amendment 19 adopted to exempt state/local/tribal governments and certain video-game and technical uses), public official protections (2SHB 233, with a technical amendment adopted), WOTEC civil service coverage (HB 2249), JLARC work plan changes (HB 2120), LEOFF Plan 1 termination/restatement (E2SHB 2034, with several amendments adopted including creation of a pension surplus holding account and study directives, while proposals to redirect funds to the Climate Commitment Act or provide a lump-sum payment were rejected or withdrawn), supplemental retirement bargaining (HB 1069, with a striker adopted), port employee retirement exclusions (EHB 2179, with a striker adopted), local government revenue flexibility (ESHB 2442, with Amendment 72 adopted to remove a county public utility tax and other amendments rejected), wildfire mitigation funding (SHB 2089), and timberland REET changes (HB 1983). The committee also noted that it would not take action on some items in the packet, including SHB 1833. In the second group, the committee advanced bills on local housing tax remittance programs (ESHB 1717), renewable energy tax incentives and grants (E3SHB 1960, with a striking amendment adopted that adjusted rates, timing, and related provisions), nonprofit fundraising hall property tax relief (HB 2431), food bank sales tax relief (SB 6006), local tax increment financing (E2SHB 2451), temporary staffing services for nonprofit behavioral health entities (SB 6297), school and child care-related sales tax exemptions (SSB 6351, with a substitute adopted and the competing amendment made out of order), behavioral health work group extension and leadership council creation (2SHB 2429), Working Connections Child Care changes (SB 6353, with Amendment 43 adopted), language access guidelines for state agencies (SHB 2475), unpaid wage recovery (2SHB 2479), firearms background check fee authority (HB 2521, briefed but not acted on in the portion provided), public employee information sharing (HB 2091, briefed but not acted on in the portion provided), and Office of Independent Investigations jurisdiction changes (ESHB 2508, briefed but not acted on in the portion provided). Throughout the meeting, members and staff discussed fiscal notes, implementation costs, and whether amendments would increase or reduce state impacts, with several amendments aimed at narrowing scope, delaying implementation, or shifting enforcement and funding responsibilities.
CA
Transcript Highlights:
  • Good morning, and welcome to the Assembly Budget Subcommittee on Accountability and Oversight.
  • Today's hearing will consider ACA 20, a proposal to change the budget stabilization account, also known
  • No family would stop saving simply because they reach an arbitrary cap on their bank account.
  • that account reaches 20 percent, as opposed to the current law, which is 10 percent.
  • And when you take money out of your savings account, you treat that as an expenditure.
WA

Washington 2025-2026 Regular Session

House Appropriations Mar 5th, 2026

Transcript Highlights:
  • , the Washington Opportunity Pathways Account, the Workforce Education Investment Account, and the Fair
  • Start for Kids Account.
  • Together, these accounts are commonly referred to as the NGFO accounts.
  • Two appropriate accounts are created in the bill: an electric transmission operating account and a capital
  • account.
Summary: The Appropriations Committee held public hearings on several bills and took executive action on House Bill 2747. HB 2747 would change how Washington estimates future revenue in its four-year balanced budget outlooks by using the official revenue forecast instead of the current 4.5% growth assumption for the next two biennia. Staff described the bill as a technical change with indeterminate fiscal effects, and supporters said it would make budgeting more realistic and sustainable. The committee adopted a technical amendment and then reported the bill out of committee with a do pass recommendation by a vote of 26 ayes, 3 nays, and 2 excused. The committee also heard Second Substitute Senate Bill 6182, which would create an abortion savings program funded by a new annual assessment on health carriers offering exchange plans. Staff said the bill would generate about $10 million in fiscal year 2027 and about $2.1 million annually thereafter, with most funds going to grants for abortion care providers and some administrative costs for the Office of the Insurance Commissioner and the Department of Health. Supporters said it would stabilize access to abortion care and help low-income patients, while opponents argued it would force taxpayers and insurers to subsidize abortion and raised concerns about oversight, morality, and premium impacts. Substitute Senate Bill 6355, which would create a Washington Electric Transmission Authority to support new transmission projects and related tribal clean energy work, drew testimony from utilities, labor, clean energy advocates, counties, and landowners. Supporters said the state needs faster transmission buildout to improve reliability, support clean energy, and reduce congestion costs; opponents and county representatives raised concerns about eminent domain, loss of local tax revenue, board accountability, and the need for stronger landowner and county involvement. Staff estimated the bill would have a several-million-dollar general fund impact and noted possible indeterminate local revenue effects. The committee also received a briefing on engrossed Substitute Senate Bill 6260, which would reduce funding or eligibility for several K-12 programs, including bus depreciation, Running Start, and transition to kindergarten; public testimony was overwhelmingly opposed, with school officials, educators, community college representatives, students, and rural districts warning of reduced opportunities and harm to small and low-income districts.
NH

New Hampshire 2025 Regular Session

House Finance Division II (03/21/2025)

Transcript Highlights:
  • </c> police communications, uh, accounting police communications, uh, accounting unit.<00:38:50.880><
  • We can simply fund accounting 291 2916. We can simply fund that<01:54:01.360><c> account.
  • </c> that account. that account.
  • </c> account. So that will remain unchanged. account. So that will remain unchanged.
  • </c> of the dollars in that accounting unit. of the dollars in that accounting unit.
Summary: The committee first revisited HB 781, the cell phone bill, after previously retaining it. On reconsideration, members moved to OTP the bill, and it passed unanimously. The committee then moved into the budget tracking packet and adopted an amendment to HB 2 to add the same cell phone policy language, also unanimously, and separately reduced HB 1 by $1 million to match the policy change. Members noted the cell phone language had already been stripped of grant funding language in the House version and that the policy and funding pieces were being aligned across the budget bills. The committee then took up a Department of Education technical amendment to HB 2 on charter school grants, which made timing and administrative changes without altering grant amounts, and adopted it unanimously. Members also discussed but held other education-related items, including adequacy grants, pending broader decisions on overall education funding. Another HB 2 item concerning E-911/state police radio communications prompted a longer discussion about whether E-911 surcharge funds were being used for purposes that should instead be general-funded. After debate over whether to leave the current practice in place or split the funding 50/50 between E-911 and general funds, the committee adopted a joint HB 1/HB 2 change to shift the funding source to a 50/50 split and delete the HB 2 language authorizing the prior use; the motion passed 7-0. The committee also discussed but did not act on several lottery-related provisions, including the video lottery terminal amendment, the increase in maximum ticket price from $30 to $50, and related tax split changes, with members planning to hear from the Lottery Commission on Monday. The meeting ended with the committee beginning review of new amendments in the tracking packet, including a Department of Education request related to Public School Infrastructure Commission grant administration, but no action was taken on that item in the portion provided.
MN
Transcript Highlights:
  • that consumers never asked for, why they had all these accounts and credit cards that people said they
  • and credit cards that people accounts and credit cards that people said<00:04:43.919><c> they</c><00
  • </c> Monitor and hold servicers accountable Monitor and hold servicers accountable for<00:13:45.720><
  • </c><00:14:16.959><c> um</c> to be able to hold them accountable um to be able to hold them accountable
  • </c> our ability to hold people accountable our ability to hold people accountable and<00:25:08.640><
MN
Transcript Highlights:
  • This bill does not remove accountability.
  • It reinforces it by accountability.
  • ><c> happens</c> requiring that accountability happens requiring that accountability happens within<00
  • ,</c> care, transparency, accountability, care, transparency, accountability, responsibility<00:24:19.920
  • </c> accountability and system performance. accountability and system performance.
Summary: The committee took up House File 729, an omnibus policy bill, and walked through a series of amendments before moving the bill forward. Early amendments addressed adult maltreatment accountability, senior nutrition flexibility, MA provider enrollment and fraud prevention, Direct Care and Treatment data and staffing provisions, disability and aging policy changes, technical corrections from DHS, behavioral health language, and MDH policy updates. Most amendments were adopted without public opposition, and several members and testifiers described them as clarifications or technical fixes to existing policy. Testimony focused on the practical effects of the bill’s provisions. Direct Care and Treatment representatives said the changes would help with data sharing, governance, staffing, patient care, and longer return stays for certain patients. Several witnesses from the substance use disorder and health care provider community supported changes to discharge summary deadlines and claims recoupment rules, arguing that business-day timelines and limits on late clawbacks would reduce administrative burden and financial uncertainty. A disability advocate also urged passage of the bill, saying services for people with disabilities were at risk if it did not advance. After public testimony and member discussion, the committee adopted the DE2 amendment as amended and then approved the bill as amended. Chair Noor renewed the motion to re-refer House File 729 to the Committee on Ways and Means, and that motion passed.
MO

Missouri 2026 Regular Session

Corrections and Public Institutions Feb 26th, 2026

Corrections and Public Institutions

Transcript Highlights:
  • of Missouri. operation and by maximizing accountability to the people of Missouri.
  • to improve transparency and accountability and monitor compliance in the prisons.
  • So most of the debts that happen in our prison system, there is no accountability.
  • because the people in prison have been held accountable, which is why they're there.
  • That is how an accountable government is supposed to work. I spent 26 years on the inside.
Summary: The committee first took up several bills in executive session. House Committee Amendment No. 1 was adopted and rolled into a substitute for House Bills 3292 and 2171, which then received a do pass recommendation by a 10-2 vote. House Bill 2753 also received a committee substitute and was voted do pass 10-2. House Bill 2912 was voted do pass by an 11-1 vote. During this portion, one member criticized the Department of Corrections for not responding to inquiries or attending earlier hearings, and the chair acknowledged the concern. The committee then heard testimony on House Bills 1616 and 2832, sponsored by Representatives Allen and Collins, which would create an independent corrections oversight structure, including an Office of Corrections and Transparency or ombudsman-style advocate with authority to inspect facilities, investigate complaints, access records, and report publicly. The sponsors argued that DOC currently lacks independent oversight and that internal review is insufficient. They cited deaths, unsafe conditions, medical neglect, and the need for confidential reporting by staff and incarcerated people. Committee members questioned whether the bills would duplicate existing processes, what the fiscal impact would be, and whether the proposal had enough enforcement power; the sponsors said the office would be small, likely around $300,000, and were open to amendments. Supporters testified that independent oversight is needed because of repeated deaths in custody, lack of trust in internal complaint systems, retaliation concerns for staff, and large taxpayer costs from lawsuits and settlements. Witnesses from Empower Missouri, Missouri Justice Coalition, the NAACP, ACLU of Missouri, and FAMM all supported the bills, with several emphasizing that prisons are closed institutions with inherent power imbalances and that external oversight would improve transparency, safety, and accountability for both incarcerated people and staff. The hearing ended after testimony in support, with no opposition presented and the committee adjourning without taking final action on the oversight bills.
ID

Idaho 2026 Regular Session

Feb 23rd, 2026

Judiciary and Rules

Transcript Highlights:
  • It should make, it should add accountability to the system. Thank you, Senator Lenney.
  • So it sounds like this is an accountability measure we didn't have.
  • We're running the state's most effective accountability engine.
  • We focus on treatment and accountability while never losing sight of public safety.
  • In fact, research... ...and accountability while never losing sight of public safety.
WA

Washington 2025-2026 Regular Session

House Capital Budget Mar 2nd, 2026

Transcript Highlights:
  • Senate Bill 6313 is the bill that creates a capital centennial stewardship account.
  • is created as a sub-account within the existing capital building construction account.
  • Really mechanical issue: what we're going to do is create this account as a sub-account to an existing
  • account that aims to do some of the same things and then allow... ...to an existing account that aims
  • It's using an existing account to let this become the new account inside that account.
Summary: The committee met in executive session to consider Substitute Senate Bill 6076 and Senate Bill 6313. SB 6076 would make changes to the authority of consumer-owned utilities, especially public utility districts, to self-perform certain public works related to non-emitting and renewable resource generation projects. Members adopted Amendment Hatfield 208, described as a technical clarification limiting the self-performance authority to the specific work covered by the bill. The bill was then reported out of committee with a due pass as amended recommendation by a 16-0 vote, with three members excused. The committee then took up SB 6313, which creates a capital centennial stewardship account. Members adopted striking amendment H3738.1, which instead creates the account as a sub-account within the existing capital building construction account. Supporters said the change was a mechanical simplification that addressed concerns raised in testimony while preserving the bill’s fundraising and project purposes. After adopting the striker, the committee reported SB 6313 out with a due pass as amended recommendation by a 16-0 vote, with three members excused. The chair then closed the executive session, noted a possible final meeting block on March 11 if needed, and invited interim planning ideas from members. The meeting adjourned after thanks were given to staff and committee members.
KY
Transcript Highlights:
  • </c> And TRS 4, which is TRS's newest account And TRS 4, which is TRS's newest account type<00:28:27.159
  • </c> He said they enacted the new account type TRS 4, which is the second-largest account type after
  • </c> self-managed accounts. self-managed accounts.
  • </c><01:41:26.920><c> or</c> their supplemental savings account or their supplemental savings account
  • </c> individual accounts individual accounts you<01:47:32.760><c> know</c><01:47:32.880><c> they</c><
Summary: The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side. Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act. The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes. At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.
CA

California 2025-2026 Regular Session

Senate Public Safety Committee Mar 17th, 2026

Public Safety

Transcript Highlights:
  • And so on that part, I agree with the effort to hold people accountable.
  • But unfortunately, I agree with the effort to hold people accountable.
  • It brings transparency to our courtrooms and accountability to our justice system.
  • It means they used bad judgment, and they need to be held accountable for the bad judgment.
  • It means they used bad judgment, and they need to be held accountable for the bad judgment.
AR
Transcript Highlights:
  • Social media shouldn't be allowed to put impersonation accounts out there.
  • for any of your financial accounts.
  • for any of your financial accounts.
  • We've seen last month there was a breach at just. accounts.
  • Fake social media accounts, fake ads that we see on Facebook and Meta.
Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members hearing from bankers, regulators, law enforcement, AARP, and mortgage and insurance industry representatives. Witnesses described a wide range of scams, including spoofed bank calls and texts, fake websites and social media impersonation, romance and investment scams, business email compromise, gift card fraud, check fraud, wire fraud, reverse mortgage scams, and crypto kiosk schemes. Several speakers emphasized that fraud is increasingly organized, technology-driven, and amplified by artificial intelligence, and that seniors are disproportionately targeted and often suffer the largest losses. Testimony highlighted both prevention and recovery efforts. Bankers said institutions spend heavily on training, customer education, and fraud detection, but often cannot stop losses once customers have been convinced to authorize transfers. The Attorney General’s office described its Consumer Protection Division, a new Financial Fraud Task Force, and examples of recovering funds quickly from crypto kiosk and wire fraud cases. The State Bank Department and Securities Department said Arkansas’s 2025 crypto ATM legislation and related education requirements have helped, and they urged continued public education. The Insurance Department reported major insurance-fraud trends, including fake insurance cards, forged policies, premium-finance schemes, and staged auto accidents, and said it prosecutes these cases aggressively. Members asked about reporting scams, the security of tap payments, how fraud losses are tracked, the role of crypto kiosks, and whether Arkansas should pursue model legislation or stronger action against telecom and social media companies. Witnesses said tap payments are generally safer than chip or swipe, that crypto transfers are often unrecoverable, and that spoofed caller ID and impersonation ads remain major problems. Paul Benda of the American Bankers Association urged state and federal action against telecom and social media platforms and supported national scam legislation. No new bills were voted on at the meeting, but members approved the November 3, 2025 minutes and several witnesses offered to share model legislation, consumer education materials, and state-by-state fraud data with the committee.
AR
Transcript Highlights:
  • Social media shouldn't be allowed to put impersonation accounts out there.
  • , she was told that her Apple account had been compromised, and she needed to take $19,000 from her account
  • Account information, debit card information, or online banking credentials.
  • for any of your financial accounts.
  • Can your account be hacked online without any kind of...
Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members and witnesses describing scams targeting seniors, small businesses, and working families. The committee first approved the November 3, 2025 minutes, then heard from the Arkansas Bankers Association, the American Bankers Association, banks, the Attorney General’s Consumer Protection Division, the Arkansas Mortgage Bankers Association, the State Bank and Securities Department, the Insurance Department, and AARP. Witnesses described common schemes including spoofed bank calls and texts, government imposter scams, romance and investment scams, business email compromise, fake job postings, gift card scams, check fraud, wire fraud, reverse mortgage scams, identity theft, and insurance fraud. Several witnesses emphasized that cryptocurrency kiosks and crypto transfers make recovery difficult or impossible, and that artificial intelligence is making scams more convincing and scalable. Witnesses repeatedly stressed education, verification, and coordination among banks, law enforcement, regulators, and consumers. Bank and mortgage representatives urged consumers to slow down, independently verify wire instructions, avoid clicking unexpected links, use tap-to-pay rather than chip or swipe when possible, and never share account credentials or one-time codes. The Attorney General’s office said it investigates consumer complaints, mediates disputes, works with social media platforms to remove scam ads, and recently created a Financial Fraud Task Force with bankers and other stakeholders. The State Bank and Securities Commissioner highlighted the Safe AR Act, the state’s crypto kiosk framework, and fraud education efforts such as “fraud bingo,” while the Insurance Department described its law-enforcement role and a range of insurance-related fraud schemes it prosecutes. AARP said fraud is widespread and underreported, especially among older adults. Members asked about reporting scams, how losses are handled, whether tap is safer than chip, how crypto fraud works, whether Arkansas has model legislation to address telecom and social media impersonation, and how local law enforcement and state agencies coordinate investigations. Witnesses said banks generally absorb much of the financial loss under federal rules, while consumers bear the inconvenience and account changes. Several witnesses said Arkansas should consider additional legislation to hold telecom companies and social media platforms accountable for spoofed caller IDs and impersonation ads, and one witness said a federal Scam Act is moving in Congress. No additional votes or formal actions were taken beyond approval of the minutes, but witnesses agreed to share consumer education materials and model legislation with committee staff.