Transcript Highlights:

• that climate library and we visualizing that climate library and we call<00:14:22.240> it<00:
• <00:14:46.000> that<00:14:46.240> data also be able to to visualize that data also
• be able to to visualize that data both<00:14:46.880> spatially<00:14:47.360> and<00:14:
• 59.040> as uh both quantitative as well as well as uh both quantitative as well as well as visual
• visual library for uh disaster research. visual library for uh disaster research.

Keywords: 958, all

Summary: The task force met with a quorum, approved the August meeting minutes, and heard a presentation from Dr. Jerry Brosky of the Kentucky Mesonet and Kentucky Climate Center. He described the Mesonet’s statewide weather network, now with 84 stations in 78 counties, real-time data used by the National Weather Service, mobile apps, and more than a billion observations. He said recent legislative funding has allowed upgrades such as soil temperature and moisture sensors, cameras at every site, and improved communications and power systems, and has enabled expansion into new counties. He also highlighted products used for flooding, drought, and heat safety, including a wet bulb globe temperature tool being developed with the Department of Public Health. In response to questions, he said counties interested in a station should contact his center, that a station typically costs about $50,000, and that the program is already considering a second Pike County site. The committee then heard from Ryan Drain of Blue Skies and Chris McGee of the American Red Cross on long-term disaster recovery and a software platform called Darcy, short for Disaster Aware and Ready Communities Initiative. McGee explained the Red Cross’s long-term recovery work, including support for recovery groups, direct financial assistance, grantmaking, and coordination with local and federal partners. He emphasized that disasters are occurring more frequently and with repeated impacts, and shared examples from Kentucky and other states showing the need for organized recovery and storm shelter support. Drain said Darcy was developed after the 2021 Mayfield-Graves tornado recovery to replace fragmented spreadsheets and PDFs with a centralized, survivor-led system for preparedness, response, and recovery, designed to improve coordination, reduce duplication, and shorten recovery time. No votes or formal actions were taken beyond adoption of the minutes.

Transcript Highlights:

• is<01:56:30.719> kind<01:56:30.880> of<01:56:30.960> a<01:56:31.119> visual
• um just again is kind of a visual um just again is kind of a visual depiction<01:56:31.920> that
• bring this up because I see Representative Walner in the audience, the center had a head of culinary arts
• still have the same number of do we still have three math teachers for 12 to 17 kids and a culinary arts

Keywords: 1191, senate, all

Transcript Highlights:

• County, the Department of Corrections, led by an appointed director, recently opened a state-of-the-art
• So don’t visualize those individuals as being transported, right?
• from A New Path, Parents for Addiction, Treatment and Healing, Emilia, Ann Adams Whole Life Center, Arts
• for Healing and Justice Network, Asian Solidarity Collective, Back to the Start, Will Heights Arts Conservatory

Keywords: 988, house, all

Summary: The committee heard testimony on several public safety bills, with most of the discussion focused on AB 1650, AB 2014, AB 1886, AB 2126, AB 2624, and AB 2257. AB 1650 would require decals on privately owned vehicles rented or leased to government agencies for enforcement purposes, with an exemption for undercover operations; supporters said it would improve transparency and community safety in response to ICE operations using unmarked rental vehicles, and there was no opposition testimony. AB 2014 would allow habeas corpus challenges where gender bias affected a criminal trial; supporters described cases involving gender stereotypes used against women and LGBTQ defendants, while the District Attorneys Association opposed the bill as overbroad and likely to restrict relevant evidence, though the author said recent amendments removed the evidence-code provisions and left only post-conviction habeas relief. AB 1886 would extend juvenile probation presumptions to youth in out-of-home placements and those leaving secure youth treatment facilities; supporters argued it would prevent unnecessarily long supervision and help youth transition out of the system, while judges, probation officers, and district attorneys opposed it as undoing a recent compromise and limiting individualized decisions. AB 2126 would streamline background-check exemptions for current and former foster youth hired as peer partners in child welfare settings; supporters said it would remove long delays that block qualified applicants, and there was no opposition. AB 2624 would expand the Safe at Home address-confidentiality program to immigrant service providers, employees, and volunteers; supporters cited doxing, threats, and harassment against immigration advocates, while one opponent raised concerns about possible effects on journalism, and the bill later received a do-pass recommendation and a roll-call vote with several ayes and one not voting, remaining on call. AB 2257 would restore county authority to create a separate county corrections department instead of sheriff-run jails; supporters said it would improve accountability and address jail deaths and fiscal problems, while sheriffs opposed it as unnecessary and argued sheriffs are better suited to run jails. The committee also adopted a consent calendar of several unrelated measures, and multiple bills were held on call pending final action.

Transcript Highlights:

• Um, the other thing I want to say is with all these great visuals, wouldn't it be really helpful if there
• Um, the other thing I want to say is with all these great visuals, wouldn't it be really helpful if there
• Um, the other thing I want to say is with all these great visuals, wouldn't it be really helpful if there
• ,<01:44:48.880> wouldn't<01:44:49.040> it<01:44:49.280> be these great visuals
• , wouldn't it be these great visuals, wouldn't it be really<01:44:49.760> helpful<01:44:50.000

Keywords: 927, senate, all

Transcript Highlights:

• This is kind of a visual representation of our current Foundation program.
• And again, just visually, you're keeping that green stack of the Foundation program and just adding the

Keywords: 1136, house, all

Transcript Highlights:

• as a city fixes infrastructure and they, you know, tear up a street to replace a pipe, they can visually
• up a street to replace a pipe, they tear up a street to replace a pipe, they can<00:33:05.279> visually
• confirm what they have and can visually confirm what they have and just<00:33:07.039> add<00:
• But at this point, no, the goal is not to do a visual inspection of every single asset.
• It's to rely on records, visual confirmation when we can.

Bills: HB0078, SF0012, SF0013, SF0052, SF0069, SF0070

Keywords: forest health, grant program, state forester, wildfire prevention, environmental conservation, habitat improvement, military, national guard, reenlistment, extension bonus, funding, Wyoming, Wyoming National Guard, recruitment, referral bonus, military service, eligibility expansion, incentive program, wildlife management, environmental restoration

Transcript Highlights:

• ability because as you do research in that area, biomedical research in that area, the ability to visualize
• ability because as you do research in that area, biomedical research in that area, the ability to visualize
• university has flexibility, and I have some confidence in the management over there. ability to visualize
• a the shape of a ability to visualize a the shape of a protein<00:12:13.200> and<00:12:13.360

Keywords: 916, all

Transcript Highlights:

• It must be accessible to the visually impaired and available online beginning January 1, 2028.
• It must be accessible to the visually impaired and available online beginning January 1, 2028.
• It must be accessible to the visually impaired and available online beginning January 1, 2028.

Keywords: 994, senate, all

Transcript Highlights:

• in the long sheet and see what it looks like to us a little bit, you know, because I'm kind of a visual
• I think that would help me visualize how we changed it from what... ...see how it looks in the long sheet
• I think that would help me visualize how we changed it from what the House did on this.

Bills: SB2399

Keywords: mental health, psychiatric treatment, reimbursement, medical assistance, legislative report, 908, all

Summary: The Senate Appropriations HR Division met to work through amendments and budget items in House Bill 2012/HB 1004, focusing first on long-term care, disability services, and behavioral health. Members discussed competing approaches to a four-plex for medically complex individuals, a value-based care payment withhold for nursing facilities, accreditation requirements for providers, a study of developmental disability services, and funding for Family Voices and Ann Carlson-related services. Several amendments were accepted or set aside after discussion, including a study amendment for disability services and a Family Voices grant amendment that was adjusted to remove “one-time” language so it could continue as an ongoing grant. The committee also agreed to keep or defer some items for conference committee, including the youth crisis stabilization pilot and other long-term care proposals. A major discussion centered on the state hospital project. Members debated whether the $330 million project should remain in the DHS budget or be moved to the OMB budget for construction management. After discussion of costs, alternates, and the role of a steering committee and BND loan language, the committee agreed to remove the state hospital funding and related loan language from the DHS budget while leaving the steering committee language in place. The committee also considered a proposed Altru grant for additional beds and settled on a smaller planning-focused approach, with a $1 million grant and a line of credit concept to be refined later. The committee then turned to behavioral health items, including QRTP funding, nursing home behavioral health training, and a youth crisis stabilization pilot. Members generally supported keeping the QRTP funding level, but were divided on the nursing home behavioral health training and the crisis stabilization pilot, with some preferring to leave those issues for conference committee. The division also reviewed the HHS block grant and underfunding structure, with Donna Ackland explaining salary, vacancy, and flexibility calculations; the committee discussed adjusting the underfund and revenue assumptions but did not finalize every number before moving on. Finally, the committee took up House Bill 1577 on wastewater treatment grants. Senator Davison moved to hoghouse the bill into a study-focused version using the proposed amendment language, and the motion passed. The committee then moved HB 1577 as amended with a do pass recommendation; the roll call passed with Senators Cleary, Davison, Dever, and Mathern voting yes, and Senator Magrum not recorded as voting. The meeting adjourned with plans to return later in the day to continue budget work.

Transcript Highlights:

• And most of you, I think, many of you know me, but yes, for those who don't, I can give a brief visual
• And most of you, I think, many of you know me, but yes, for those who don't, I can give a brief visual

Keywords: 995, all

Summary: The Permanent Commission on the Status of Persons with Disabilities’ Long-Term Services and Supports and Health Equity Subcommittee met to hear a presentation from Colin Killick of the Autistic Self-Advocacy Network on disability discrimination in crisis standards of care during COVID-19. He described how Massachusetts and other states initially used standards that prioritized longer life expectancy and, in some cases, quality-adjusted life years (QALYs), which he argued devalued the lives of disabled people and older adults. He also discussed related issues such as denial of transplants, pressure on disabled patients to sign do-not-resuscitate orders, and inequities affecting communities of color. He said disability advocates, legal groups, and public officials pushed back through litigation, media, and organizing, leading to revisions of Massachusetts’ standards and the eventual inclusion of disability advocates in the drafting process. Killick also discussed vaccine rollout, saying disabled people were initially under-prioritized but later gained broader access and more accessible vaccination options such as ASL interpretation and in-home vaccination. He closed by urging support for S. 869, an act relative to preventing discrimination against persons with disabilities in the provision of health care, which he said would ban disability-based discrimination in crisis standards, prohibit QALYs in health care decision-making, and add protections against coerced DNRs. He noted the bill had been favorably reported out of the Health Care Financing Committee but still needed support. In questions, members asked why the bill had not advanced further; Killick said earlier opposition from QALY supporters had been resolved, and the main barrier now was lack of legislative prioritization. Members thanked him for the presentation and for the work on revising crisis standards. The subcommittee then completed roll call, approved the prior minutes, and adjourned, noting the next meeting would be August 31.

Transcript Highlights:

• And we did provide a, um, visual here and kind of breaks out exactly what happened with that bill.
• This definition included New Mexico School for the Deaf and New Mexico School for the Blind and Visually

Transcript Highlights:

• it is so socially acceptable to drive under the influence here in the state of Texas, we need that visual
• So until we end impaired driving in the great state of Texas, these visual reminders are imperative,

Bills: HCR114, HB137, HB283, HB1398, HB1960, HB2153, HB2431, HB2638, HB2699, HB2999, HB3208, HB3389, HB3413, HB3510, HB3642, HB3859, HB3974, HB3986, HB4142, HB4173, HB4174, HB4542, HB4605, HB4663, HB4731, HB5064, HB5216, HB5218, HB5332, HB5453, HB5577, HB137, HB283

Keywords: memorial, pedestrian bridge, Houston, Sergio Ivan Rodriguez, city council, oversize vehicles, transportation permits, Hidalgo County, port authority, highway routes, healthcare, insurance, mental health, treatment access, state funding, transportation, axle weight, aggregates, regulations, Texas law

Transcript Highlights:

• The Beyond Visual Line of Sight committee, it came over to us from 10. That's $20 million.
• They're just addressing the UAS program in Section 19, and then they go on visual line of sight program

Bills: SB2003

Keywords: higher education, student loans, scholarships, capital projects, workforce development, funding, North Dakota university system, 908, all

Summary: The committee first reconsidered Senate Bill 2003 in the higher education budget and adopted several changes. It removed $3 million for enterprise resource planning, struck $2 million for a grant program for students who are pregnant or recently gave birth, and then added $3 million back into workforce education and innovative grants, restoring that line to $12 million. Members also discussed a possible purchase of the 19th Avenue building in Fargo for the State School of Science, but the motion was withdrawn for later consideration. Other higher ed items were briefly noted, including tribally controlled community colleges and a state magazine funding line, but no final action was taken on the building proposal during this segment. The committee then moved to Senate Bill 2018, the Commerce budget, and reviewed a long list of funding items. It restored a vacant workforce FTE, increased tourism marketing to $10 million and Find the Good Life to $5 million, raised Operation Intern by $1 million, removed a $100,000 infrastructure study, increased autonomous agriculture grants to $15 million, and set the Regional Workforce Impact Program at $10 million. It also kept or adjusted several other items, including the uncrewed aerial vehicle replacement program, the global talent office, tribally controlled community colleges, Native American small business grants, and technical skills training grants. A major new provision would transfer $50 million total, split between SIF and Bank of North Dakota profits, to the Theodore Roosevelt Library Museum Endowment Fund, matching a private fundraising challenge; members expressed both support and concern, and said they would revisit it later. The committee also discussed language to allow commercialization of Vantis and to permit the Turtle Mountain gaming compact proposal to move forward with required federal approvals, while clarifying that a previously discussed $100,000 study had been removed. Commerce officials said the workforce language was intended to centralize data and strategy, and they noted Operation Intern would need an emergency clause because applications begin in May. No final vote on the Commerce budget was taken in this segment, and the chair said the committee would return later to finish both budgets.

Transcript Highlights:

• So, in using our technology, we're able to visually look at the property, review applications, We're
• able to visually look at the property, review applications, send emails back to applicants so that they

Summary: The Agriculture and Natural Resources Budget Committee met with a quorum and heard two Department of Agriculture presentations. First, the Director of Rural and Family Lands described the Rural and Family Lands Protection Program, which buys development rights through perpetual conservation easements on private agricultural land to preserve farming, wildlife habitat, water resources, and open space while keeping land taxable and avoiding state maintenance costs. He said the program has expanded rapidly since 2023 through streamlined applications, templates, and an online portal, increasing acreage protected from about 66,000 acres through 2022 to more than 210,000 acres, with a higher share in the Florida wildlife corridor. He also said review times were reduced by more than 85 days and that projects under $5 million can move faster under statutory authority. The department is seeking $200 million in nonrecurring funding on top of $100 million recurring, citing 203 existing projects and 224 new applications totaling nearly $2 billion in estimated need. Members asked about the scientific ranking process, South Florida participation, project prioritization, maintenance responsibilities, and whether landowners can exit the program; staff said land remains privately owned, easements are in perpetuity, and partnerships and cost-sharing are prioritized. The committee then heard from the Florida Forest Service director, who outlined the agency’s dual mission of wildfire response and land management. He said the service responds to roughly 2,200 to 2,500 wildfires annually, manages 38 state forests and one ranch totaling more than 1.1 million acres, and receives about 15 million visitors each year. He highlighted the impact of Senate Bill 1638 gaming compact funds, which provided $32 million for land management, recreation, equipment, roads, invasive species control, habitat restoration, prescribed burning, reforestation, and staffing support. He said Florida leads the nation in prescribed fire, with 277,818 acres burned on state forests last year and 2.47 million acres burned statewide, and noted ongoing restoration work such as Picayune Strand. He also described challenges including aging equipment, deferred maintenance, contractor availability, and timber market instability caused by hurricanes and mill closures, and suggested longer-term funding and a higher capital asset allowance. Members discussed timber markets, public communication and marketing, recreation fees, and coordination with other agencies and FDOT. The meeting ended with the chair noting that next week’s meeting would report out agency conversations and budget recommendations, and the committee rose.

Transcript Highlights:

• Community<02:07:49.280> College<02:07:49.599> in<02:07:49.760> the<02:07:49.920> visual
• <02:07:50.239> arts Community College in the visual arts Community College in the visual arts

Keywords: 919, house, all

Summary: The Higher Education Finance and Policy Conference Committee met publicly to compare House and Senate positions on the higher education budget, with the chairs emphasizing transparency and alternating gavel control. Nonpartisan fiscal staff walked through a spreadsheet of differences across the Office of Higher Education and Minnesota State, including major items such as state grants, childcare grants, work study, tribal college grants, emergency assistance grants, hunger-free campus grants, student parent support, direct admissions, paramedic scholarships, and several medical residency and fellowship programs. The House and Senate also differed on administrative funding, campus sexual assault reporting, and a House FY25 cancellation that would be carried forward. Members discussed several of the larger policy and funding choices. The Senate explained its increase for Minitex as support for operating costs and statewide access to information. The House explained its cuts to student parent support and other items as necessary to work within a zero target and to prioritize direct aid to students, while the Senate said it focused on direct appropriations and access-related programs. On hunger-free campus grants and emergency assistance grants, the Senate said it was changing the distribution method and direct appropriations rather than reducing the overall money, while the House noted differences in whether nonprofit institutions remained included. The committee also reviewed Senate-only additions and reductions in Minnesota State, including free course materials, Lake Superior College remediation, and changes to the Kids on Campus appropriation. A representative from Lake Superior College testified that the PAS remediation funding would help address contamination issues at an emergency training site near Lake Superior and that the money was shifted from the Kids on Campus initiative. No final conference agreement or vote was taken in the portion of the meeting provided; the committee continued discussing differences and testimony.

Transcript Highlights:

• Tourism, Arts, and Heritage Cabinet, Department of Fish and Wildlife Resources, 301 KAR 6:015 and 6:020
• the emergency amends section one to define restrictive housing, add when it may be used and when visual
• Add when it may be used and when<02:03:21.679> visual<02:03:22.080> assessments<02:03:22.560
• > shall<02:03:22.800> be when visual assessments shall be when visual assessments shall

Keywords: 0:00 – Meeting start/roll call 0:10 - Roll call/approval of minutes 1:43 - Cabinet for Health and Family Services (CHFS), Department for Medicaid Services 27:40 - Department of Alcoholic Beverage Control 55:54 - Board of Veterinary Examiners 1:33:15 - Testimony in support of 804 KAR 13:010E, 020E, 030E and 040E. 1:49:04 - Education Professional Standards Board 1:49:58 - Attorney General, Office of Regulatory Relief 1:52:18 - Kentucky Public Pensions Authority (KPPA) 1:54:28 - Board of Nursing 1:56:44 - Board of Occupational Therapy 1:57:37 - Board of Medical Imaging and Radiation Therapy 1:58:58 - Department of Fish and Wildlife Resources 1:59:50 - Economic Development Finance Authority 2:01:34 - Department of Corrections 2:02:37 - Department of Juvenile Justice 2:04:02 - Department for Employment Services, Unemployment Insurance 2:04:57 - Cabinet for Health and Family Services (CHFS), Department for Public Health, 958, all

Summary: The committee first approved the minutes and then took up Department for Medicaid Services regulations 907 KAR 23:010 and related rules. DMS explained that one regulation would establish a beneficiary advisory council and another would remove language barring coverage of GLP-1 drugs for obesity-related use. The department said coverage would still be limited by prior authorization and clinical criteria, with use tied to underlying chronic conditions such as diabetes or cardiovascular disease, and that the pharmacy and therapeutics committee would help set the detailed standards. Members discussed the potential health benefits, but several raised concerns about cost, timing, and whether the legislature and the Medicaid Oversight and Advisory Board should review the policy first. DMS said the drugs are already on the formulary, that current Medicaid users with diabetes are already covered, and that the fiscal impact was estimated using current utilization, rebates, and expected savings; the department also said it would only cover the drugs if subject to rebates. The committee then voted 5-1 to find 907 KAR 23:010 deficient. The committee next considered several emergency regulations from the Public Protection Cabinet’s Department of Alcoholic Beverage Control implementing SB 100. The rules covered tobacco, nicotine, and vapor product licensing, including the application form, denial standards, and transitional licensing. ABC counsel said the department had received about 5,500 applications and issued nearly 5,000 licenses, with additional provisional licenses issued to avoid interruption in sales after the law’s effective date. He said some applications remained pending because inspections and photographs revealed possible unauthorized nicotine vapor products, and the department was seeking documentation before approval. A staff amendment was adopted without objection before the ABC presentation continued.

Transcript Highlights:

• given us money or if we had come up with our own money years ago and we had... the most state-of-the-art
• the bodies are discolored, the gases in the body cause bloat, making them very hard to identify visually
• It features clear visuals and interactive maps for a quick understanding of flood conditions.
• But if we want to prioritize, because what I see— and I appreciate the presentation because I'm a visual
• So, it's really a great tool to visualize these conditions. what's going on in the system.

Keywords: flooding, emergency response, communication systems, first responders, disaster management, Texas Water Development Board, regional planning, public safety

Summary: The meeting primarily focused on discussions around the recent floods in Texas, specifically addressing emergency preparedness, response coordination, and recovery efforts. Officials from various agencies provided testimonies on the challenges faced during the emergency, including issues with communication systems among first responders. Notably, the need for improved inter-agency communication and technology integration was emphasized, with recommendations for establishing regional communications units for better coordination during disasters. The audience included local government representatives and emergency management partners, who shared insights and experiences from the recent flooding events.

Transcript Highlights:

• are trafficking are eligible for pseudonyms, however, it does not cover some survivors of invasive visual
• need to make certain... store, liquor store, that you look at the person's ID, that you look at it visually
• But you're checking it visually number one visually yes, right visually and also the using the machine

Bills: SJR57, SCR8, SB8, SB14, SB24, SB108, SB112, SB125, SB213, SB251, SB315, SB318, SB371, SB378, SB379, SB472, SB487, SB502, SB513, SB565, SB621, SB650, SB689, SB707, SB710, SB761, SB763, SB815, SB854, SB875, SB896, SB916, SB925, SB958, SB961, SB965, SB973, SB987, SB990, SB995, SB1006, SB1018, SB1019, SB1024, SB1026, SB1146, SB1194, SB1198, SB1253, SB1330, SB1343, SB1362, SB1379, SB1497, SB1498, SB1527, SB1532, SB1547, SB1596, SJR36, SJR12, SJR57, SCR22, SCR12, SCR8, SB565, SB765, SB62, SB666, SB707, SB888, SB687, SB847, SB1248, SB14, SB1006, SB504, SB925, SB995, SB857, SB305, SB296, SB284, SB815, SB1379, SB1497, SB1499, SB1498, SB241, SB304, SB621, SB1023, SB1024, SB686, SB112, SB371, SB204, SB609, SB670, SB502, SB850, SB854, SB413, SB1362, SB1346, SB1033, SB1220, SB1073, SB810, SB987, SB1539, SB447, SB875, SB406, SB985, SB965, SB1119, SB1505, SB24, SB1194, SB1253, SB1215, SB1532, SB1302, SB856, SB650, SB583, SB673, SB213, SB681, SB1172, SB1252, SB378, SB1343, SB608, SB487, SB955, SB957, SB988, SB990, SB1019, SB1021, SB1120, SB251, SB958, SB761, SB541, SB315, SB379, SB1018, SB1737, SB266, SB1415, SB1527, SB125, SB599, SB1330, SB53, SB916, SB896, SB1352, SB973, SB785, SB710, SB472, SB1450, SB1502, SB1566, SB414, SB1062, SB1547, SB961, SB1038, SB513, SB578, SB711, SB746, SB942, SB1404, SB1448, SB1738, SB108, SB8, SB318, SB507, SB533, SB689, SB1026, SB1349, SB1355, SB1433, SB1434, SB1596, SB1403, SB1198, SB1146, SB763, SB667, SB1059, SB617, SB1567, SB503, SJR37, SB16, SB310, SB311, SB396, SB505, SB1209, SB1210, SB1470, SB264, SB924, SB1029, SB1185, SB1202, SB1358, SB1364, SB1569, SB1697, SB1376, SB1228, SB519, SB878, SB1350, SB462, SB1535, SB827, SB1585, SB207, SB1207, SB1619, SB1396, SB920, SB1484, SB1273, SB1741

Keywords: central bank digital currency, CBDC, Federal Reserve, digital dollar, digital currency, cashless payments, financial privacy, cybersecurity, government surveillance, financial surveillance, money laundering, terrorism financing, illicit finance, banking policy, monetary policy, payments system, commercial banks, Texas Legislature, concurrent resolution, federal reserve digital currency

Transcript Highlights:

• Daniel is part of the Vigilant Hose Company's live-in program that offers state-of-the-art dorm-style
• Vigilant Hose Company's live-in program that<00:07:52.960> offers<00:07:53.879> state-of-the-art
• <00:07:54.879> dormstyle that offers state-of-the-art dormstyle that offers state-of-the-art
• enrolled bill: Senate 146, an act to require covered platforms to remove non-consensual intimate visual
• depictions and for other intimate visual depictions and for other purposes. purposes. purposes.

Keywords: U.S. House of Representatives Floor Proceedings on Monday, May 5, 2025, 1012, house, all

Transcript Highlights:

• And this graph is just shown for a visual, you know, to help.
• Sometimes visual graphs are more helpful for people to understand them better, but the actual dollars
• And this was graph is just shown<01:15:12.320> for<01:15:12.480> a<01:15:12.520> visual
• you<01:15:13.560> know,<01:15:13.760> to<01:15:13.880> help shown for a visual
• , you know, to help shown for a visual, you know, to help sometimes sometimes sometimes visual<01:15:

Keywords: Meeting Start: 00:00:00 Attendance Roll Call: 00:00:12 Approval of Minutes: 00:01:34 Actuarial Valuation Update – KPPA: 00:02:10 Actuarial Valuation Update – TRS: 00:25:32, 958, all

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.