Transcript Highlights:

• The bottom line is they get you to pretty similar places.
• The bottom line is they get you to pretty similar places.
• I firmly believe that's the real goal line of all of this.
• Just one last line of questions I've been asking every proponent this line of questioning, and Jim, I'd
• We firmly believe that as this is being implemented, we can go line by line through the budget and find

Keywords: 995, all

Summary: The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state’s tax collection cap/62F process so it would be based on prior-year collections plus wage growth and include surtax revenue. The committee chair and House co-chair outlined the hearing process, and the first witness was Doug Howgate of the Massachusetts Taxpayer Foundation, who testified as the committee’s subject-matter expert on both measures. He said the income tax proposal would lower taxes broadly but would reduce state revenue by about $5.4 billion when fully implemented, with an estimated $800 million hit in FY27, and he discussed possible effects on competitiveness, taxpayer savings, and public finances. On the 62F proposal, he said the revised cap would make refunds more likely, could have produced several large refunds in recent years, and would reduce stabilization fund deposits and constrain recovery after recessions. Committee members questioned Howgate about competitiveness, outmigration, prior tax ballot measures, spending growth, MassHealth, and the interaction between the income tax and surtax. He emphasized that taxes are only one part of the state’s overall competitiveness and that housing, public services, and other factors also matter. He also noted that the surtax is constitutionally restricted but can still support ongoing spending choices. After his testimony, the committee moved to the proponents’ panel. Proponents of both initiatives, including representatives from Taxpayers for an Affordable Massachusetts, the National Federation of Independent Business, Pioneer Institute, and the Mass Opportunity Alliance, argued that the measures would improve affordability, help retain residents and businesses, and support job growth. They cited polling support, outmigration, small-business reinvestment, and comparisons to lower-tax states such as North Carolina. Their economist, Rebecca Paxton, said her model showed smaller revenue losses than critics claim and projected that the revised revenue cap would not create additional annual revenue losses while producing more regular taxpayer refunds. Committee members pressed the panel on competitiveness, prior ballot initiative implementation, and whether the measures would actually address broader affordability pressures; the hearing ended with the committee continuing to take questions from the proponents.

Transcript Highlights:

• Amendment number 7 on page 2, line 23, after 'from' and before 'necessary,' we're deleting 'medical'
• We're deleting lines 16 and 17. It's technical except for amendment number one.
• We're deleting lines 16 and 17, but we adopt this amendment.
• Member number two on page three line 12 after of and before mortgage, we're changing any to all.
• The question I have is that we've had surplus lines companies here before that invested in camps for

Bills: SCR63, SCR12, HB89, HB451, HB595, HB617, HB621, HB730, HB1064, HB1125, HB221, HCR58, SB106, SB206, SB248, SB441, SB104, SB122, SB180, SB260, SB424, SB476, SCR9, SCR30, SB57, SB414, SB525, SB35, SB65, SB135, SB215, SB246, SB249, SB269, SB276, SB282, SB296, SB323, SB363, SB369, SB474, SB484, SB490, SB492, SB500, SB501, SB513, HCR31, HB462, HB547, HB613, HB691, HB712, HB720, HB723, HB728, HB735, HB747, HB759, HB825, HB845, HB846, HB903, HB904, HB907, HB923, HB929, HB941, HB962, HB965, HB1036, HB287, HB370, HB515, HB521, HB570, HB1200, HB29, HB39, HB58, HB67, HB73, HB76, HB77, HB82, HB112, HB121, HB125, HB132, HB134, HB151, HB154, HB155, HB161, HB166, HB187, HB191, HB207, HB211, HB224, HB238, HB241, HB242, HB250, HB260, HB265, HB275, HB300, HB320, HB338, HB339, HB349, HB379, HB399, HB427, HB463, HB464, HB468, HB545, HB550, HB551, HB565, HB588, HB639, HB725, HB782, HB805, HB808, HB834, HB847, HB853, HB858, HB861, HB883, HB916, HB937, HB977, HB1012, HB1027, HB1044, HB1054, HB1091, HB1117, HB90, HB127, HB138, HB150, HB201, HB268, HB273, HB285, HB315, HB354, HB355, HB360, HB376, HB445, HB506, HB606, HB649, HB665, HB681, HB721, HB746, HB757, HB781, HB835, HB844, HB857, HB872, HB886, HB889, HB892, HB982, HB987, HB1037, HB1068, HB1072, HB1078, HB1085, HB1132, HB1137, HB1167, HB1174, HB1232, HB1238, HB23, HB136, HB17, HB21, HB51, HB55, HB74, HB106, HB108, HB133, HB140, HB159, HB168, HB215, HB226, HB263, HB296, HB299, HB322, HB364, HB519, HB535, HB538, HB568, HB571, HB622, HB635, HB676, HB772, HB784, HB1006, HB1018, HB1033, HB1034, HB1043, HB1070, HB1134, HB1237, HB1239, HB36, HB119, HB126, HB129, HB245, HB271, HB280, HB337, HB351, HB677, HB726, HB789, HB850, HB956, HB966, SB149, SB382

Keywords: fiscal notes, legislation, legislative auditor, state policy, conflict of interest, logging, recognition, John Keith, environment, safety, HB89, Act 615, district attorney, assistant district attorney, retiree health insurance, group health insurance, retirement benefits, public employee benefits, Third Judicial District, Thirtieth Judicial District

Transcript Highlights:

• And my question is, you know, this is a Blue Line Extension. There's already Blue Line that exists.
• And my question is, you know, this is a Blue Line Extension. There's already Blue Line that exists.
• And my question is, you know, this is a Blue Line Extension. There's already Blue Line that exists.
• line project that this blue line line project that this blue line extension<01:09:04.640> project
• etc between a potential BRT or LRT line. etc between a potential BRT or LRT line.

Bills: HF3694, HF3844, HF4006, HF3785, HF3849, HF4102, HF3441, HF3507, HF3562

Keywords: transportation, tow trucks, variable message signs, road safety, emergency service, optometrist, window glazing, motor vehicle regulations, medical prescriptions, transportation safety, infrastructure, construction, appropriation, state project, motorized bicycles, motorcycles, electric vehicles, transportation regulations, safety standards, dealer license

Transcript Highlights:

• , the next surplus forecast comes around.
• When I look at the effective date on page 178, line 18 is where it starts.
• Wiklund, on page 3, lines 23 through 25, it talks about exceptional consent.
• DONE IN PUBLIC YOU WOULD HAVE PEOPLE LINED UP OUTSIDE MR. PRES.
• Dibble moves to amend House File 3908 as follows: page 3, line 1.

Keywords: 1187, senate, all

Transcript Highlights:

• Page 7, line 1, strike an approved entity and substitute. bill.
• Page seven, line one, higher education.
• Amendment print bill page six, line 20.
• They have about three and a half million in surplus.
• If this bill goes million in surplus.

Keywords: 981, all

Summary: The Senate convened with a quorum, approved the journal, and received a series of engrossing/revising/enrolling notices and committee reports. Committee reports advanced several measures, including House Bills 1139 and 1263 from Business, Labor, and Technology; House Bills 1206, 1111, and 1014 from Finance; and later Appropriations reports on House Bills 1423, 1419, 1276, 1256, 1015, and Senate Bills 189, 188, 187, 180, and 125. The chamber also granted a brief recess for guests and later granted leave for the Joint Budget Committee to meet while the Senate was in session. A major portion of the meeting was devoted to tributes and personal privilege remarks. Senators recognized the University of Denver men’s hockey team for winning the 2026 NCAA championship and adopted a joint Senate-House tribute honoring the team’s 11th national title. Senator Kolker also marked Tardive Dyskinesia Awareness Day/Week, describing the condition, the need for screening and treatment, and honoring a guest advocate living with TD. The Senate then moved through third-reading consent and final-passage votes on multiple bills. Measures passed included SB 181, HB 1338, HB 1344, HB 1336, HB 1227, HB 1314, HB 1282, HB 1317, HB 1078, SB 167, HB 1069, HB 1132, HB 1347, HB 1210, HB 1196, HB 1224, and HB 1028; HB 1028 was first removed from the consent calendar, amended with a conforming amendment, and then passed. Several bills drew notable opposition, including HB 1132 and HB 1210, while HB 1069 passed unanimously. The Senate also laid over the general order second-reading calendar to Friday, May 8, 2026, and took up special-order second-reading bills in committee of the whole, adopting the special-order consent calendar and reporting those bills back favorably for further consideration.

Transcript Highlights:

• support people with disabilities, children, youth, families, and older adults across 23 different lines
• I think it’s line six.
• through that lined part the state<01:07:14.400> Grant<01:07:14.760> and<01:07:14.880><
• of work a lot of give folks in my line of work a lot of anxiety<01:07:47.599> and<01:07:47.720
• in fiscal year 27 State Grant surplus in fiscal year 27 State Grant parameters<01:35:04.400> will

Keywords: 1183, house

Transcript Highlights:

• were the Secretary of State and Retirement Investment Office had made some suggestions along those lines
• Or who's going to take the next step, I guess, on the same line as Mr. Gallion's question, I guess.
• For example, in addition to these three topics, there's a surplus property suggestion.
• But, you know, we want to be transparent, but there is a fine line to balance there.
• I'm off track there, but nobody can—nobody says no, I guess is the bottom line.

Summary: The task force reviewed survey results from state agencies on potential statutory revisions, with Levi reporting 70 proposals from 20 agencies and noting that about 33 might become agency pre-file bills. Members discussed the need to share the survey more broadly within higher education and to better coordinate issues involving IT and other cross-agency functions. The task force then heard from the Office of Management and Budget on three topics: concessions, architect/engineering pre-qualification, and legal notices. OMB said the concessions law is outdated and inconsistent with current practice, and suggested a collaborative rewrite to allow best-value evaluation, raise the threshold, and standardize solicitation templates. On architect/engineering pre-qualification, OMB proposed expanding authority beyond current state-agency limits and creating uniform templates. On legal notices, OMB proposed modernizing publication requirements, exploring online and abbreviated notices, and working with newspapers and other stakeholders on technology and accessibility improvements. Members asked about where concession revenues go, whether political subdivisions must follow the same rules, and how to move from discussion to action. The task force agreed to have OMB work with Legislative Council and affected stakeholders to develop bill drafts, and the motion passed unanimously. The University of North Dakota then presented a series of proposed revisions focused on public buildings and procurement. UND asked to rework the definition of construction so routine maintenance and one-for-one replacements over $250,000 would not automatically trigger public-improvement requirements, suggested raising the threshold to $500,000, and asked for more flexibility based on project complexity and risk. UND also proposed changes to public bid advertisements to reflect electronic bidding, revisions to construction manager-at-risk selection criteria, changes to architect/engineer procurement rules, an increase in the direct-hire design threshold, and a higher legislative-consent threshold for privately funded projects. The task force supported having UND work with counsel and OMB to develop bill drafts, and that motion also passed. The Department of Public Instruction concluded with proposed cleanup to credentialing and education statutes. DPI recommended reviewing its credential categories for relevance, possibly transferring credentialing authority to the Education Standards and Practices Board, removing outdated school safety patrol language, clarifying waiver provisions, and updating dyslexia screening reporting requirements so the statute reflects current practice. Members focused mainly on whether the dyslexia reporting requirement should remain, and DPI said the screening itself would continue even if reporting language were revised. No votes were taken on DPI’s suggestions, and the task force recessed after the presentation.

Transcript Highlights:

• know, if the legislature can include an across the board pay raise in this biennum while we have a surplus
• Bottom line, the attorney Barrera.
• The exceptional item is aimed at those adults to help encourage them to use the quit line.
• And when we, when I speak with physicians, Many of them are, are yet still unaware the quit line has
• They haven't been, uh, referring people to the quit line because it didn't have the resources.

Transcript Highlights:

• testifier had said, they often end up being more than what is needed to cover that and there is a surplus
• generally cover the work to do the permit, but often end up being more than what is needed and there is a surplus

Keywords: 1183, house

Transcript Highlights:

• There are four properties, four surplus properties, that we sold since the last meeting.
• There are four properties for surplus properties that we sold since the last meeting.

Summary: The committee received a report from Director Wiley of the Arkansas Department of Transportation on a series of routine and quarterly items, including the closeout of the department’s efficiency review. Wiley said all five remaining recommendations from that review had been implemented, highlighted a new public maintenance dashboard on the agency website, and reported four surplus properties sold since the last meeting. He also noted that ARDOT had obligated $3.14 billion in Infrastructure Investment and Jobs Act funding to date and reviewed the annual expenditure report tied to 2019 revenue changes, which funded $98.7 million in maintenance projects last year. Members asked about the balance between maintenance and new construction, with Wiley saying about 75% of construction dollars go to maintaining the existing system and that ARDOT’s overall spending is overwhelmingly focused on upkeep because of the size of the state highway network. He also discussed major projects and corridor priorities, including Interstate 57 and Highway 5 work in Lonoke County, Interstate 49 public meetings, passing-lane improvements on Highway 412/62 in north central Arkansas, Highway 82 widening in south Arkansas, and long-range plans to widen Interstate 40, possibly including a toll study. On the Toad Suck Bridge flood mitigation project, he said the design had been revised to reduce public impacts and would not require a long-term bridge closure. The committee also discussed safety and enforcement tools in work zones. Wiley said new work-zone cameras and cell phone detection tools were being used on projects such as I-30, I-57, and I-49, mainly to improve safety rather than issue citations. In addition, he said ARDOT spends about $8 million annually on litter control and is expanding anti-litter efforts, including a spring cleanup day involving more than 2,500 operations employees and some office staff. He also announced agency initiatives on human trafficking awareness training for field and office staff and the Street Smart education program for middle school students, with plans to expand it to high school content next year. No votes were taken, and the meeting adjourned after the director’s presentation and member questions.

Transcript Highlights:

• And so the bottom line is that APD we're committed to to working with our sister agencies, working with
• The bottom line is there's 809 people right now. We're getting services in the managed care.
• We have an open line of communication, so things that do need to bubble up to our level.
• And so I mean, I I see it you I talked to family members who are just below that line and they're struggling
• And so we we engage in an exercise to look at how much surplus money we think we would have at the end

Transcript Highlights:

• Maybe we were out of line, and so I never want to be on that side.
• She's taught me a lot, and every time I get out of line, she lets me know. And I behave.
• They are on the front lines in many cases, they're the subjects of NIMBYism and I want to thank them
• This is the beginning of. of a package of bills to take this beautiful $23-24 billion surplus and give
• Somewhere along the line, people got to get back in the game.

Bills: SJR2, SB4, SJR36, SJR2, SB4, SJR1, SJR5, SB9, SB40, SJR2, SB4, SR98, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000

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

Transcript Highlights:

• We know the vote was down party lines.
• Democrats do have to take some accountability for this because back in '23, we had an $18 billion surplus
• I mean, historic surplus, $18 billion, and they spent that almost overnight, and then raised our taxes

Keywords: 1187, senate, all

Transcript Highlights:

• And again, a strong agriculture budget has crossed the finish line. Thank you, Mr.
• We've submitted a detailed letter, but I hope the bottom line is that this is a strong budget, and we
• Lines 1.3 through 1.6 clarify that the damage is being done either by elk or wolf, and then also on line
• For lines 1.7 and 1.8, we delete the words "land applied." This is in the biosolids section.
• Then, on line 1.9, we are deleting lines 17 to 25 on page 12. This is just redundant language.

Bills: HF2446

Keywords: agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant

Transcript Highlights:

• ><00:30:18.279> you<00:30:18.760> are<00:30:18.880> you Chair, you've got two line
• It's a one-time appropriation, so there is no base moving forward for that particular line item.
• I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting
• I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting
• I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting

Bills: HF2090, HF982, HF2229

Keywords: higher education, scholarship, financial aid, state grant, tuition assistance, Pell grants, student retention, education equity, disabled veterans, veterans' dependents, dependent children, college affordability, books and fees, University of Minnesota, public colleges, Office of Higher Education, veterans benefits, military families, permanent disability, 100 percent disability

Transcript Highlights:

• In Romans 3, lines 14 and 15, it talks about grades 9 through 12.
• The first line of the graph shall be titled average cost per pupil.
• The second line of the graph shall be titled average teacher salary.
• days prior to the meeting the first line days prior to the meeting the first line of<01:58:09.920
• <03:41:36.000> 22<03:41:36.600> to 2 uh in lines 22 to 2 uh in lines 22 to 29<03:41

Keywords: 928, house, all

Summary: The committee heard testimony on House Bill 662, which would require public schools to include discussion of abortion procedures and show specified videos in health education classes. The prime sponsor argued the bill would ensure students receive medically accurate, age-appropriate, and nonpolitical information about abortion, saying the topic is important for informed decision-making and should be taught consistently statewide. He said the videos were intended for grades 9-12, that parents could opt out, and that the requirement was meant to supplement, not sway, students’ views. He also acknowledged the bill could be seen as limiting local control over curriculum and said the intent was to prevent the topic from being missed due to scheduling disruptions. Committee members questioned the sponsor about local control, the need for a video mandate, the source of his statistics, whether the bill could be biased or inflammatory, and whether the requirement should apply every year in high school. The sponsor said the videos were only a starting point, could be replaced by others, and were meant to be informational. He also said the bill was not intended to influence students’ decisions about abortion. Several supporters testified in favor, including representatives of New Hampshire Right to Life and others who said students should be told the “truth” about abortion and its consequences. They emphasized graphic or emotionally difficult aspects of abortion and argued that young people need this information to make informed choices. Opponents and skeptical witnesses raised concerns about prescribing curriculum, eroding local control, and the appropriateness of the material for younger high school students. The New Hampshire School Administrators Association said the bill was overly prescriptive, that health education standards are already set by the State Board of Education, and that the topics in the bill are not part of the current standards. That witness recommended the committee consider retaining the bill for further work or making it less prescriptive. No vote or final committee action was taken in the portion of the meeting provided.

Transcript Highlights:

• And we don't need to collect any more than that because with collecting that amount puts us in surplus
• And we don't need to collect any more than that because with collecting that amount puts us in surplus
• And we don't need to collect any more than that because with collecting that amount puts us in surplus
• And we don't need to collect any more than that because with collecting that amount puts us in surplus
• On the right-hand side, you see that top line was the state paying for almost all the costs and that

Keywords: Meeting Start: 00:00:35 Attendance Roll Call: 00:00:55 Approval of Minutes: 00:02:56 Deferred Compensation Authority Update: 00:03:12 Retiree Health Update - TRS: 00:15:58 Retiree Health Update - KPPA: 00:56:13 Adjournment: 01:20:33, 958, all

Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.

Transcript Highlights:

• they take into account this growth that we have seen here from February to May, and they have the surplus
• The surplus for this fiscal year is $585.8 billion.

Summary: The meeting began with a quorum call, prayer, and approval of the previous minutes. Members then adopted a resolution honoring Lori McDonald of the Department of Human Services for nearly 28 years of state service, with remarks praising her legislative work, constituent services, leadership, and emergency response roles. McDonald thanked the committee, and the Senate also presented her with a citation, flag, and commemorative coin. The committee received the May 2026 revenue report, which showed gross adjusted collections of $7.76 billion year-to-date, up 4.4% from the prior year, and a projected surplus of $585.8 million. The executive subcommittee report was adopted, covering emergency rules for DHS and the Department of Education, school district waiver requests, committee fund allocations, cancellation of the July ALC meeting, and authorization for subcommittees to meet in July on urgent matters. The administrative rules report was also adopted after members noted that most rules were approved, with a few pulled by agencies or held. Members then heard a lengthy exchange on the Arkansas Education Department’s ClassWallet contract and delays in expense review for education savings account payments. Department officials said they were meeting regularly with ClassWallet, enforcing contract standards, keeping some reviews in-house, and adding staff and technology improvements to speed processing while maintaining oversight. The committee also adopted reports from Game and Fish and State Police, Hospital/Medicaid/Developmental Disabilities, Lottery Oversight, Occupational Licensing Review, Peer Review, Review, State Insurance Programs Oversight, and Personnel, including a Department of Commerce reallocation tied to a broader shared-services realignment. Under review of communications, members filed several retirement system investment items as reviewed, approved rural community grant funding, gave favorable advice for state park additions, approved special maintenance funding for state parks, and filed Office of State Technology service-rate changes as reviewed. The meeting concluded with no new business and adjournment.

Transcript Highlights:

• Section 4 is a transfer; these are all transfers in the general revenue allotment reserve fund or surplus
• Section 4 is a transfer, these are all transfers in the general revenue allotment reserve fund or surplus

Keywords: 1204, all

Transcript Highlights:

• Um, is this I mean, to what extent do you know that schools maybe have a surplus in these, um, operating
• There are some folks that are basically uh right at and others that have a uh a surplus um by student
• um fund balance information. you know that schools maybe have a you know that schools maybe have a surplus
• in in these, um, capital these surplus in in these, um, capital these operating<00:41:14.960> capital
• <00:42:30.880> um uh a a surplus um uh a a surplus um by<00:42:31.680> student.

Keywords: 1187, senate, all