Transcript Highlights:

• If you close a feedlot and there's manure there, that would either be an asset or a liability, which
• <00:33:54.880> I<00:33:54.960> believe or a statement of net assets.
• I believe or a statement of net assets.
• It's going to be an asset the bankers are already banking on as credit. But yeah.
• It's going to be an asset the an issue.

Bills: HF4740, HF3940

Keywords: financial assurance, feedlot permits, manure storage, environmental compliance, agriculture regulation, abandoned infrastructure, pollution control, environmental impact, animal feedlot, livestock, regulations, Minnesota Rules

Summary: The committee approved the March 26, 2026 minutes and then heard House File 4740, authored by Rep. Hansen, which would require feedlots with at least 1,000 animal units to provide financial assurance for closure costs. Hansen argued the bill would shift cleanup responsibility from taxpayers to owners, citing abandoned feedlots, changing ownership structures, and the 2024 Pure Prairie Poultry bankruptcy as examples of why public funds should not be used for closures and cleanup. He also said the bill would apply to new or renewed permits and suggested a statutory definition of abandoned feedlot storage units may be needed. Farm and livestock groups testified in opposition. Minnesota Farmers Union, Minnesota Milk Producers Association, Minnesota Pork Producers Association, and Minnesota Farm Bureau Federation said existing MPCA and county permit rules already require closure planning and reporting, and that the bill would add unnecessary costs and barriers for family farms, beginning farmers, and expansion. They warned the financial assurance requirement could function like an animal-unit cap, encourage fragmentation or out-of-state relocation, and impose annual costs that would not improve environmental outcomes. Several testified that true abandonment is rare and that current permitting and closure processes already address it. MPCA staff said the agency has concerns with the bill, noted there is currently no formal fiscal note, and said the agency would need to ensure any appropriations cover ongoing staffing needs. MPCA officials explained that permitted feedlots already must notify the agency before closure, follow a checklist of closure requirements, and undergo follow-up inspection; they said abandonment notifications are uncommon and they are not aware of any currently permitted facilities in abandonment process. Members questioned whether the bill was needed, what form financial assurance would take, how other states handle similar requirements, and whether the proposal would unfairly burden smaller or family operations. No vote on HF 4740 was taken in the portion of the meeting provided.

Transcript Highlights:

• We make clarifications to trust decanting, and that is pouring trust assets into a new trust.
• Ademption by satisfaction is a term that refers to the cancellation of a gift or distribution of an asset
• because the asset has already been given to the recipient.

Summary: The Judiciary Committee considered four bills. SB 300 would extend a public records exemption for personal information of appellate court clerks and their spouses and children, mirroring protections already given to trial court clerks; after one support appearance and brief debate about harassment risks, it passed 8-1 and was reported favorably. SB 302 would create a similar exemption for current and former Judicial Qualifications Commission employees, citing doxing, threatening calls and emails, and social media intimidation; it passed 9-1 and was also reported favorably. The committee then took up SB 262, which makes technical changes to the Florida Trust Code, including clarifying trust decanting authority, limiting successor trustee actions where beneficiaries are barred, aligning ademption-by-satisfaction rules with the probate code, and clarifying that transferring homestead property into a community trust does not trigger reassessment. An amendment making the changes retroactive as clarifying and remedial was adopted, and the bill passed unanimously 10-0 and was reported favorably. Finally, SB 322 would create a nonjudicial process for commercial property owners to ask the sheriff to remove unauthorized persons from commercial real estate, similar to the recently enacted residential squatter-removal process. Two amendments were adopted to authorize reasonably necessary force and correct cross-references, and the bill passed unanimously and was reported favorably. The committee adjourned after one senator later asked to be recorded as voting yes on SB 300.

Transcript Highlights:

• The bill will close a regulatory gap and ensure that investment advisors managing assets less than $100
• allow credit union members to meet electronically and would eliminate the arbitrary limit on fixed asset
• The bill will close a regulatory gap and ensure that investment advisors managing assets less than $100
• allow credit union members to meet electronically and would eliminate the arbitrary limit on fixed asset

Summary: The Senate convened with prayer, the Pledge of Allegiance, and a moment of silence honoring former Senator Charlie Dean. Senators also introduced guests, including family members, church leaders, and visiting students. The chamber then moved to the special order calendar, where several bills were temporarily postponed, including measures on Citizens Property Insurance, artificial intelligence, public records, and data centers. The Senate passed a series of bills focused on consumer protection, transportation safety, health, and financial regulation. CS/HB 505 on virtual currency kiosks passed 37-0 after being substituted for SB 198 and amended to adopt Senate language aimed at limiting fraud and setting transaction controls. SB 382 on electric bicycles passed 37-0 after amendment to broaden the task force to micro-mobility devices. SB 844 on sickle cell disease continuing education passed 37-0, requiring certain health professionals to complete training on care management. SB 1014 on municipal utility service outside city limits passed 37-0, and SB 428 on the swimming lesson voucher program passed 36-0 after amendments expanding the program to ages 1 through 7 and adding drowning-prevention education for new parents. The Senate also passed CS/CS/CS/SB 540 on the Office of Financial Regulation, which creates cybersecurity program requirements for certain licensees, expands oversight of some investment advisers, and updates credit union and anti-money-laundering provisions; it passed 36-0. CS/CS/SB 1440 on public records passed 35-1 after technical amendments tied to related cybersecurity exemptions and reporting requirements. SB 1594 on veteran benefit payments to minor clients passed 36-0, directing certain benefits for foster youth toward post-secondary education or aftercare rather than agency reimbursement. At the end of the session, the Rules Chair moved to certify all passed bills to the House and retain postponed bills on the special order calendar, and the Senate adjourned until the next day.

Transcript Highlights:

• Croix, one of Minnesota's most treasured natural assets.
• um local assets um local assets and<01:11:52.159> um<01:11:53.440> um<01:11:53.920
• And to really emphasize, it is a regional asset.
• Currently, families in our asset.
• So it's an important regional asset.

Keywords: 1187, senate, all

Transcript Highlights:

• that the district can use it to generate revenue to support the district because it is a district asset
• I think it's a study, to look and see what assets they do have and apply them correctly.
• But when we look at school districts and the assets that are owned by the school districts, those assets
• But when we look at school districts and the assets that are owned by the school districts, those assets
• costs, and no mechanism to prevent a sitting president from commercially benefiting from a public asset

Summary: The Senate convened with an opening prayer, pledge, and a series of introductions recognizing guests, visiting groups, and special honorees in the galleries. The chamber then took up committee and executive appointment business, adopting a report confirming 42 gubernatorial appointments by a vote of 36-0. The Senate next considered a long special-order calendar of bills, most of them passing with little or no opposition. Measures included public-records sunset reviews and trade secret/cybersecurity exemptions; a child-abuse reporting statute of limitations bill; commercial driving school oversight; human trafficking training for nurses; a new injunction for protection against serious violence and its related public-records exemption; nature-based coastal resiliency and mangrove protection; a chiropractic trust-funds cap repeal; specialty license plates; a waiver of late financial disclosure fines; public school personnel compensation; the Florida Farm Bill with multiple agriculture, biosolids, and enforcement provisions; homestead exemption clarification for long-term leases; disability presumption clarifications for first responders; reinsurance intermediary manager conformity; patriotic displays in public schools; ADS-B aviation fee restrictions; autism-related law enforcement training and the Blue Envelope program; campus safety reporting procedures for public postsecondary institutions; and veterinary prescription disclosure. Several bills were temporarily postponed, including local vessel restrictions, temporary critical-need practice certificates, and domestic animals. The floor debate featured the most discussion on the farm bill, the HCSM/nonprofit religious organizations bill, the autism law-enforcement bill, and the school athletics bill. The HCSM bill drew extended debate over whether licensed insurance agents should be allowed to market faith-based health care sharing ministries, with supporters emphasizing consumer choice, free speech, and religious liberty, and opponents warning about unregulated products and commissions; it passed 32-5. The athletics bill, prompted by the Teddy Bridgewater/Miami Northwestern situation, would let coaches provide good-faith support to student-athletes while requiring reporting and FHSAA oversight; it passed 38-0. Most other measures passed overwhelmingly, including the autism bill 38-0, the campus safety bill 37-0, the public school patriotic displays bill 36-2, and the farm bill 38-0 after amendments addressing Everglades lands and biosolids timing were adopted.

Transcript Highlights:

• will be more than just a local asset. will be more than just a local asset.
• and statewide asset that we all can share.
• , but it's a regional and a metro asset, but it's a regional and uh<00:51:12.079> statewide<00
• :51:12.720> asset<00:51:13.839> um<00:51:13.920> that<00:51:14.160> we<00
• :51:14.400> all<00:51:14.559> can uh statewide asset um that we all can uh statewide asset

Keywords: 1187, senate, all

Transcript Highlights:

• climate mandates and protecting ratepayers by ensuring they aren't left on the hook for stranded assets
• the most expensive solution that could lead to higher costs in the future if pipes become stranded assets
• And five, to ensure that our children don’t get stuck with the bill of all the stranded assets if the
• as long-lived assets.
• Including in several environmental justice communities, could create costly stranded assets.

Keywords: 995, all

Summary: The committee heard testimony on two related issues: gas utilities’ climate compliance plans filed with the Department of Public Utilities and the recent DPU orders reforming the Gas System Enhancement Program (GSEP). Chair Creem and other senators emphasized that Massachusetts must reduce gas use, shrink the gas distribution footprint, and move customers to alternatives such as heat pumps, network geothermal, and non-gas pipeline alternatives (NPAs). DPU Chair Jamie Van Nostrand said the new GSEP orders lower the annual revenue cap from 3.0% to 2.5%, phase it down toward 1.5%, eliminate carrying charges, require more rigorous risk prioritization, and push utilities to consider advanced leak technology, relining, repairs, and NPAs. He also described the climate compliance plans as the start of a longer process covering decommissioning, stranded costs, line extension allowances, integrated energy planning, and targeted electrification demonstrations. Senators pressed the DPU and utility witnesses on the lack of specificity in the climate compliance plans, especially the absence of numeric goals for gas usage reduction, customer conversions, and near-term deployment of NPAs. Utility representatives from Eversource and National Grid said their plans include NPA frameworks, integrated energy planning, targeted electrification pilots, network geothermal, and workforce transition efforts, but argued that implementation takes time, requires customer participation, and depends on coordination with electric utilities and communities. They said some NPA and electrification projects are being evaluated now, while larger-scale deployment is expected later in the decade. Senators also raised concerns about line extension allowances, with utilities explaining that new customers may be charged based on whether existing ratepayers would otherwise be harmed, while National Grid said it has begun increasing customer contributions to send stronger price signals. Attorney General Mary Gardner supported the DPU’s GSEP reforms and said the office favors eventually stepping the GSEP cap down to zero by 2030, with repair and replacement costs recovered in base rate cases instead. She argued that the utilities’ plans still rely too heavily on business-as-usual approaches, do not adequately quantify scope 3 emissions, and leave unresolved questions about the obligation to serve and the future of line extension allowances. Advocacy witnesses from the Conservation Law Foundation and Acadia Center were more critical, saying the plans lack the detailed modeling, targets, and transparency needed to show how the utilities will help meet the Commonwealth’s heating and cooling sublimits and broader climate goals. No votes were taken; the hearing consisted of testimony and questioning.

Transcript Highlights:

• He's been a tremendous asset to our team.
• Chase has been such an asset to our team, and he's been so helpful, and we appreciate all his hard work
• You've been a tremendous asset, not just to me and the Capitol, but also communicating the great things
• Historically, financial disclosure filers would choose to report income and assets based on either a
• specific threshold amount or based on a percentage of his or her income or assets.

Summary: The Senate opened with prayer, the Pledge of Allegiance, and a series of recognitions for interns, staff, and guests. Members also honored retiring Senate staffer Susan Miller and recognized a veteran injured in combat. After routine announcements, the chamber moved to returning messages from the House and began taking up bills and amendments. The Senate concurred in House amendments and passed SB 118 on RV park assessments and SB 572 on ethics for public officers and employees, both by 38-0 votes. It then took up the elections bill, CS/CS/HB 991, which drew extensive debate. Supporters said it would strengthen election integrity by tightening citizenship verification and ID rules; opponents argued it would burden eligible voters, especially students, seniors, disabled voters, and others without the newly required documents. The bill passed 27-12. The chamber also passed the education package SB 182 after adopting a Senate amendment to the House amendment, and approved SB 474 on military affairs, SB 425 on historic cemeteries, HB 929 on local regulation of chickees, and HB 35/SB 1370 on habitual traffic offender designation, all with unanimous or near-unanimous votes. The Senate then considered SB 902/ HB 733, the Department of Health package. Members adopted an amendment and amendment-to-amendment that preserved most Senate provisions while modifying or removing several House additions, including some early steps and medical marijuana-related changes, and the bill passed 37-0. The chamber also began work on HB 905, the foreign influence bill, with a strike-all amendment offered to expand restrictions on foreign influence, sister-city agreements, linkage institutes, and related activities, but the debate on that measure was still underway when the transcript ended. Several other returning messages and bills were temporarily postponed, and the Senate recessed briefly before resuming business.

Transcript Highlights:

• And the YMCA in our state is a vital partner and a strong community asset that many of us enjoy.
• People were talking about what's important, and it's a great community asset in Fayette County.
• And just want to take a few minutes and recognize how much we appreciate the volunteerism and the asset
• People were talking about what's important, and it's a great community asset in Fayette County.
• And just want to take a few minutes and recognize how much we appreciate the volunteerism and the asset

Keywords: 958, all

Summary: The Senate convened with prayer and the pledge, called the roll, excused absent members, and approved the prior day’s journal. The chamber then received House messages noting passage of House Bills 1, 422, 568, and 627, and heard second-reading reports for several measures, including bills on the state dog breed, mortgage loan income limits, virtual currency kiosks, agriculture, and Dolly Parton’s Imagination Library. Committee reports also advanced a number of bills from Appropriations and Revenue, Health and Services, Natural Resources and Energy, and State and Local Government, with many sent to the Rules Committee for further action. New bills and resolutions were introduced, including measures on transportation, tobacco/nicotine/vapor products, Public Schools Week, and honoring Joseph H. Mattingley Jr.; the Rules Committee later posted several bills for the next day and committee referrals were announced. The Senate then took up Senate Bill 98, relating to welding safety. The sponsor explained that the bill requires inspections by American Welding Society-certified personnel on certain projects where those standards apply, citing a prior school structure collapse in Kentucky as the public-safety rationale. After debate, the bill passed by a vote of 33-4. The chamber next considered Senate Bill 122, which updates alternative sentencing law to allow judges to consider caregiving responsibilities when sentencing defendants. A floor amendment, developed with input from judges, broadened and clarified the caretaker definition and moved the language into the existing sentencing statute while preserving judicial discretion. Supporters said the bill is intended to help keep families together without mandating probation or reducing penalties; after the amendment was adopted, the bill passed 35-2. Later, the Senate adopted Senate Resolution 57 honoring Father Patrick McDow on his ordination, and Senate Resolution 60 was read in full to honor the YMCA on its 175th anniversary in the United States, highlighting the organization’s history and Kentucky service. Members also announced upcoming committee meetings, including a special Health Services Committee meeting on artificial intelligence in rural health, and other committee schedules. The session concluded with the Senate in recess for committee meetings and then returning to report additional committee referrals and announcements.

Transcript Highlights:

• And as I looked into what the bill does, you know, because we had to talk about holding assets, holding
• trust assets is kind of what I think you're referring to.
• fiduciary responsibilities with the client, then they can act to do trust business, but not hold assets
• To hold the assets.
• To hold the assets. Yeah, or not even to hold the assets, just to be the trustee of the trust.

Keywords: 985, all

Transcript Highlights:

• Um, my guest here is Chris Nolan, representing the Guaranteed Asset Protection Alliance.
• then online I have Bill Gunnison, the Legislative and Regulatory Council with GAPA, the Guaranteed Asset
• >> Chris Nolan representing the Guaranteed >> Chris Nolan representing the Guaranteed Asset
• <00:20:19.919> And<00:20:20.080> then Asset Protection Alliance.
• And then Asset Protection Alliance.

Keywords: Meeting Start 00:00 Call to Order and Roll Call 00:09 Discussion SB 118 00:58 Vote SB 118 03:25 Discussion SB 153 04:39 Vote SB 153 17:48 Discussion SB 158 19:41 Vote SB 158 24:09, 958, all

Summary: The Senate Banking and Insurance Committee met for its first meeting of the 2026 session, called the roll, and welcomed new member Senator G. Gary Clemens. The committee first took up Senate Bill 118, which concerns credit property insurance and would codify existing practice in the Kentucky Revised Statutes. Sponsor Senator Brandon Storm explained that the bill clarifies the treatment of the product and, through a committee amendment, excludes GAP/vehicle protection products from its scope and aligns filing language with current law. The amendment was adopted, the bill passed with favorable expression, and the amendment was rolled into a committee substitute. The committee then heard Senate Bill 153, relating to the prevention of harmful and fraudulent practices. Senator Greg Elkins and witnesses from the Attorney General’s office, Kentucky Farm Bureau Insurance, and State Farm described the bill as a response to storm-chaser and contractor fraud after major weather events. They said the measure would codify current coordination between the Attorney General and the Department of Insurance, allow criminal enforcement in addition to civil actions, and formalize an emergency registration/placard system for out-of-state contractors and volunteer groups during disasters. Members asked about how the bill would affect homeowners who directly hire contractors and whether volunteer groups such as disaster relief organizations or Amish/Mennonite volunteers would be required to register; sponsors said direct hiring would not be affected and volunteers would be handled through a separate identification process. The committee substitute was adopted, the bill passed as amended, and members emphasized the need to protect homeowners from fraud and inflated costs. Finally, the committee considered Senate Bill 158, relating to vehicle financial protection. Senator Jason Howell and representatives of the Guaranteed Asset Protection Alliance explained that the bill modernizes and regulates GAP waivers and related consumer protection products, such as debt waiver and depreciation benefit agreements, while keeping them legal in Kentucky. Supporters said the bill would ensure providers are properly funded and bonded and would align Kentucky with other states. The bill passed with favorable expression, and the meeting ended on a note of bipartisan agreement on all three measures.

Transcript Highlights:

• Madam Wippen-Mamor, Senate Bill 1649 establishes the Digital Asset Strategic Reserve Fund to be managed
• by the State Treasurer for the custody, investment, and lending of state-held digital assets.
• The Digital Asset Strategic Reserve Fund is to be managed by the State Treasurer for the custody, investment
• , and lending of state-held digital assets, and authorizes the State Treasurer to invest fund monies
• and loan digital assets to generate additional returns, provided these actions do not increase financial

Keywords: 1182, all

Summary: The caucus reviewed a long agenda of Senate bills across elections, commerce, education, government, health and human services, judiciary, public safety, transportation, rural development, and ways and means. Many measures were described as consent or third-read consent items, including bills on campaign finance termination statements and late-report penalties, AI provenance data for media, adjuster/contractor conduct during emergencies, Industrial Commission changes, association meeting closures, banking and remittance rules, central bank digital currency, public safety parity funding, barbering and cosmetology board continuation, digital asset reserve management, contractor licensing, gaming and racing commission continuation, school AED instruction, classroom removal procedures, school safety reporting, special education complaint transparency, foreign influence and land ownership restrictions, DCS and DES process changes, health care licensing and reimbursement rules, EMS compact adoption, and multiple tax, housing, and transportation measures. Staff repeatedly summarized each bill and answered questions, with several bills noted as mirror or identical to House measures or as strike-everything amendments from committees. A few bills drew discussion. On SB 2874, staff explained that the Senate amendment would limit penalties for untimely campaign finance reports when a committee certifies it received no contributions and made no expenditures, but the sponsor did not concur. SB 1074 prompted questions about whether parental notification changed; staff said it did not and that the bill was aimed at improving communication between teachers and principals about discipline. SB 1175, requiring DCS caseworkers to photograph children at each interaction in abuse or neglect cases, drew concern about the scope of the photos, while supporters said it would improve continuity and documentation. SB 1180 also drew comment because the sponsor and committee chair disagreed over an amendment, though the bill was advanced for further work. The most extended debate came on SB 1751, which would allow death-row inmates to choose firing squad, lethal injection, or lethal gas if voters approve the related constitutional measure. One member strongly opposed the bill on moral and personal grounds, another argued it could be a more humane option if the state is going to carry out executions, and a third raised concern that it could be used against Second Amendment rights. The bill remained on the third-read consent calendar despite the objections. The caucus concluded after moving through the remaining agenda items, with no formal votes recorded in the transcript beyond committee status and consent-calendar placement.

Transcript Highlights:

• . >> Chris Nolan, representing the Guaranteed Asset Protection Alliance.
• Uh, my name is Travis Moore, general counsel for the Guaranteed Asset Protection Alliance.
• the Moore, general counsel for the Moore, general counsel for the Guaranteed<00:01:44.960> Asset
• Guaranteed Asset Protection Alliance. Guaranteed Asset Protection Alliance.

Keywords: Meeting Start 00:00 Call to Order and Roll Call 00:16 Discussion SB 158 01:12 Vote SB 158 04:06 Discussion HB 794 05:20 Vote HB 794 08:20 Discussion SB 183 09:44 Vote SB 183 17:46, 958, all

Transcript Highlights:

• This legally separates the assets and liabilities of each participant from the sponsor’s general account
• This legally separates the assets and liabilities of each participant from the sponsor’s general account
• 15:13.120> legally<00:15:13.519> separates<00:15:13.920> the<00:15:14.160> assets
• <00:15:14.480> and This legally separates the assets and This legally separates the assets

Keywords: 927, senate, all

Transcript Highlights:

• financial technology and digital assets. financial technology and digital assets.
• technologies, including digital assets. technologies, including digital assets.
• We all know that blockchain technology and digital assets are here to stay.
• Digital assets are here to stay, and it's good that they're here in America.
• <06:31:14.000> from dollars in stolen digital assets from dollars in stolen digital assets

Keywords: U.S. House of Representatives Floor Proceedings on Monday, July 21, 2025, 1012, house, all

Transcript Highlights:

• He is a tremendous asset for our team.
• One is around the new asset limit.
• The asset limit for both of those programs is $2,000. And so in 2021, the asset limit was low.
• limit to where SSI and MassHealth affixed their asset limits.
• I mean, with the asset limit and this bridge that doesn't look like a bridge.

Keywords: 995, all

Summary: The hearing was a FY27 budget session on Health and Human Services held in Mattapan, hosted by the Joint Committee on Ways and Means. Opening remarks from Senator Lydia Edwards, Representative Brandy Fluker-Reed, Representative Russell Holmes, and Boston Public Library President David Leonard emphasized the significance of holding the first Ways and Means hearing in Mattapan, the importance of community access, and the role of libraries as human services institutions. Committee members and attendees introduced themselves before agency testimony began. MassAbility testified first, describing its mission to support people with disabilities through employment, independent living, and disability determination services. The agency highlighted federal funding uncertainty, a modest FY27 budget reduction, and a proposed reworking of its home care program, which it said is outdated and should better target those most in need. Members questioned the home care cut, staffing reductions, and federal coordination. MassAbility also shared a participant story about recovery and community support to illustrate the impact of its services. The Massachusetts Commission for the Deaf and Hard of Hearing then presented its FY27 request, focusing on interpreter and captioning access, workforce development, emergency communication, aging-related hearing loss, and transition services for deaf and hard-of-hearing youth. Members asked about interpreter shortages, after-hours emergency coverage, ASL education, and community training; the commission said it is expanding mentorship and referral systems but still faces staffing and vendor challenges. The Massachusetts Commission for the Blind followed with a $30.8 million request, describing services for nearly 9,000 consumers, peer support groups, vocational rehabilitation, and Turning 22 services, while noting federal funding uncertainty and a 7% budget cut. Members raised concerns about maintaining services with fewer resources, and the commissioner said the agency had trimmed overhead and could manage the proposal. The Office for Refugees and Immigrants closed the segment, outlining expanded legal, housing, workforce, citizenship, and financial literacy supports for immigrants and refugees, including Know Your Rights trainings, legal defense initiatives, and the Massachusetts Access to Counsel Initiative. Members discussed the effects of federal policy changes, the loss of refugee resettlement funding, and the need for state support to fill gaps. No votes were taken in the portion provided; the hearing consisted of agency presentations and committee questioning.

Transcript Highlights:

• When you're creating a new liability, you want to have assets to back that up.
• And to have the pension system be the most fair, you actually want to track the contribution of assets
• Pension policy, you want to match assets with liabilities.
• When you're creating a new liability, you want to have assets to back that up.
• The Senator Rasmusson's point about balancing liabilities with assets on this.

Keywords: 918, senate, all

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.

Transcript Highlights:

• How do you have better sight of where your assets are when you're out in a search and rescue mission?
• But that's really One, which is in relation to an asset tracker.
• How do you have better sight of where your assets are when you're out in a search and rescue mission?
• So more than double in assets over this 10-year period.
• So just looking at a 10-year period, you can see we started out with our assets were about 35 million

Keywords: 908, all

Summary: The committee first reviewed the 2024-25 tuition waiver report for the North Dakota University System. Staff explained that waivers were reported for degree-seeking students and broken out by residency, institution, and waiver type. Members asked about partial versus full waivers, institutional discretion, athletic waivers, and whether campuses have published guardrails or transparency requirements. Staff said most waivers are set by institutions, with some statutory and board-required categories, and that athletic waivers are a small share of total waiver dollars. The report showed total gross tuition of $354.5 million, tuition waived of $38.9 million, and 11,193 of 42,040 students receiving some waiver. Members also discussed how waivers affect net tuition revenue, housing and food collections, and whether campuses are using waivers strategically compared with scholarships and other funding sources. The committee then heard a presentation on tuition rates by campus and State Board policy. Staff explained the board’s tuition factors for resident, Minnesota reciprocity, contiguous-state/U.S. nonresident, and international students, and noted that campuses often seek exceptions based on program-specific competition and enrollment goals. Members asked whether rates are based on cost or competition, and staff said campuses typically bring forward estimates and market comparisons when requesting special rates. The presentation also reviewed general fund appropriations versus net tuition revenue by campus, and members discussed how local tuition decisions and waivers do not directly affect the state funding formula, though they do affect institutional revenue and reserves. Questions were also raised about the Higher Learning Commission’s financial composite indicator and how it differs from the more intuitive reserve and revenue figures. The committee next received a broad overview of non-higher-education entities affiliated with the State Board of Higher Education, beginning with NDSU agriculture-related units. Dr. Greg Lardy described the State Board of Agricultural Research and Education, the NDSU Extension Service, the Agricultural Experiment Station, and the branch research centers, emphasizing their statewide role in crop and livestock research, extension education, and county-based outreach. He outlined funding mixes for extension, the experiment station, and branch stations, noting that grants and contracts support both research and education, while the agronomy seed farm is self-funded through seed sales. Members asked about the new and vacant FTE pool, R1 research status, matching requirements for grants, and whether state appropriations count toward research expenditures. Dr. Lardy also highlighted major research impacts, including crop varieties, virtual fencing, AI-assisted weed control, and NDAWN weather data. The Northern Crops Institute and the Upper Great Plains Transportation Institute also presented. NCI described its role in market development, technical services, and education for regional agriculture, its governance through the Northern Crops Council, and its funding from state appropriations, other states, and earned revenue. Members asked about the source of out-of-state funding, intellectual property, and the institute’s international reach. UGPTI then outlined its transportation research, federal and state funding structure, and work on road and bridge condition assessments, travel demand modeling, and workforce training. No votes were taken during the portion of the meeting reflected in the transcript.

Transcript Highlights:

• for the Kentucky State University Shanti Hall renovation in the amount of $7,680,000 using 242626 asset
• project will also take the opportunity for minor expansion allowed under the guidelines of the 2426 asset
• for the Kentucky State University Shanti Hall renovation in the amount of $7,680,000 using 242626 asset
• for the Kentucky State University Shanti Hall renovation in the amount of $7,680,000 using 242626 asset
• and any potential lead assets.

Keywords: 958, all

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

Transcript Highlights:

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Keywords: 1183, house

Summary: The committee heard House File 4867, a bill from Representative Lee to make changes to the Consumer Protection Restitution Account created the prior year to help victims of fraud. The Attorney General’s Office testified that the fund has already received more than $4.5 million and is beginning its first distributions, including payments to victims of the closure of Woodbury Dental. The office said the bill would remove the current $5 million annual deposit cap and establish a more equitable distribution formula so large claims would not exhaust the fund and prevent other victims from receiving restitution. Public testimony strongly supported the bill. A Woodbury Dental victim described paying $25,000 upfront, losing her dental work when the clinic abruptly closed, and having to start over with another dentist; she said reimbursement would help her recover from the loss. An AARP Minnesota representative also supported the measure as a cleanup bill that improves the new restitution program. Members asked about how the bill would handle large claims, whether the Attorney General could still pursue defendants for additional recovery, and whether restitution payments would be taxable. The Attorney General’s Office said it would continue collection efforts and reimburse the fund if later recoveries are made, and Representative Lee said the bill includes a provision making payments non-taxable. The chair then moved that House File 4867 be laid over, and the bill was laid over without a vote on passage.