Transcript Highlights:

• And send them to the Department of Insurance to prepare these studies.
• I also want to point out that it does not require the study to be done for us to vote on it.
• for some reason, if there is a delay, we could still move and advance the bill without having the study
• I'm assuming that somebody could file a lawsuit and try it, and there May be there may be a case study
• credit to to minority leader kirt for for really starting this conversation this summer with an interim study

Bills: SB1241, SB1242, SB1442, SB1592, SB1623, SB1625, SB1913, SB1940, SB1949, SB2102, SB592, SB992

Keywords: ticket sales, resale, consumer protection, fraud, bots, transparency, refunds, event tickets, medical marijuana, cannabis, marijuana license, commercial grower, grow operation, bond requirement, land reclamation fee, revolving fund, environmental remediation, redevelopment, Oklahoma Medical Marijuana Authority, OMMA

Bills: HB447, HB897, HB993, HB2673, HB3671, HB3680, HB3897, HB4506, HB4753, HB4812, HB4894, HB5148, HB5437, HB5650, HB5652, HB5654, HB5656, HB5661, HB5665

Keywords: traffic impact studies, municipal utility district, bonds, road projects, eminent domain, HB 897, Texas land sale, state property, Austin real estate, Travis County, General Land Office, Texas State Library and Archives Commission, HHSC, Health and Human Services Commission, state records facility, archives building, library funding, capital improvements, lease of state land, public land disposition

Summary: The committee heard testimony and took action on several land use, housing, municipal utility district, and cemetery-related bills. House Bill 447, dealing with transportation impact analysis requirements tied to MUD bond issuance, drew opposition from a witness who argued it would duplicate work, strain agency resources, and delay development; after the sponsor’s closing remarks, the committee substitute was withdrawn and the bill was left pending. Senate Bill 1202, on third-party review of home backup power installations, was substituted and reported favorably to the full House by a unanimous roll call. House Bill 2494, on disannexation for failure to provide municipal services, and House Bill 1835, removing barriers to HUD-code manufactured homes, were also substituted and reported favorably; HB 1835 passed on a 5-1 vote. Senate Bill 15, limiting lot size and density requirements in certain large municipalities, was substituted and reported favorably unanimously. The committee also heard House Bill 897, which would authorize the sale or long-term lease of two state-owned Austin properties used by the Texas State Library and Archives Commission and HHSC. The sponsor said the properties are in poor condition and that proceeds would benefit the state; after questions, the committee substitute was withdrawn and the bill was left pending. Several template MUD bills were then laid out, including HB 5652, HB 5654, HB 5661, and HB 5656, each creating or authorizing municipal utility districts in Montgomery or Fort Bend counties for water, wastewater, drainage, road, and recreational improvements. These bills drew limited testimony in support and were left pending without objection. A major portion of the meeting focused on House Bill 2673, which would repeal last session’s change allowing new cemeteries within certain distances of municipalities and restore the prior rule limiting cemetery placement near growing urban areas. The sponsor and supporters argued the 2023 change created unintended consequences, removed valuable taxable land from future use, and complicated city planning; opponents, including a funeral service industry representative, argued the current law gives communities local control and helps address cemetery land shortages. After extensive testimony, the bill was left pending. The committee also heard HB 4753, a bill allowing a property owner to use a municipal record showing a certificate of occupancy was issued when the original document is lost; it was left pending. Finally, HB 3680, a Cameron County-specific bill modifying subdivision/model rule procedures to reduce replatting burdens while preserving colonia protections, and HB 4812, clarifying that condominiums follow Chapter 82 of the Property Code rather than full subdivision platting, both received supportive testimony and were left pending.

Transcript Highlights:

• Pew has done a study of all existing single-stair buildings in the U.S., and they found no difference
• Colorado just did a really interesting single-stair competition, and they found, and they did a study
• I actually did a study myself of going from the third floor to the ground floor in both a single-stair
• We know that cities like Austin have carefully studied the issue and made building code changes, and

Bills: HB447, HB897, HB993, HB2673, HB3671, HB3680, HB3897, HB4506, HB4753, HB4812, HB4894, HB5148, HB5437, HB5650, HB5652, HB5654, HB5656, HB5661, HB5665

Keywords: traffic impact studies, municipal utility district, bonds, road projects, eminent domain, HB 897, Texas land sale, state property, Austin real estate, Travis County, General Land Office, Texas State Library and Archives Commission, HHSC, Health and Human Services Commission, state records facility, archives building, library funding, capital improvements, lease of state land, public land disposition

Summary: The committee heard testimony on a series of land use, housing, and local government bills. House Bill 447, relating to TIA requirements for certain MUD bond issuances, drew opposition from a witness who argued it would duplicate work already done, strain agency resources, and delay development; after the author’s closing, the committee substitute was withdrawn and the bill was left pending. The committee then voted out Senate Bill 1202 (third-party review of home backup power installations), House Bill 2494 (disannexation for failure to provide services), House Bill 1835 (removing barriers to HUD co-manufactured homes), and Senate Bill 15 (lot size and density limits in certain municipalities), with House Bill 1835 receiving one no vote and the others passing unanimously. House Bill 897, authorizing sale or lease of two state-owned Austin properties, was laid out and left pending after brief questions and no public testimony. The committee also heard and left pending several MUD creation bills for Montgomery and Fort Bend counties, including House Bills 5652, 5654, 5661, and 5656, each presented as template district bills with local support and no opposition recorded at the table. A major portion of the meeting focused on House Bill 2673, which would restore prior restrictions on new cemeteries near growing urban areas by repealing changes made last session. Representative Lujan and supporters argued the current law created unintended consequences, including loss of developable land, tax-exempt property in urban cores, and conflicts with infrastructure planning; they said cities already have authority to establish their own cemeteries if needed. Opponents, including a funeral services industry representative, argued the 2023 change was intended to let communities decide and that the bill would take local decision-making backward. After extensive testimony from both sides, the bill was left pending. The committee also heard House Bill 3680, which would create a Cameron County-specific process allowing local discretion under the model subdivision rules. Supporters said the bill would preserve colonia protections while reducing costly platting and replatting burdens on families trying to sell or pass down land; county officials and realtors testified in favor. The bill was left pending after closing. House Bill 4812, a clarification to the Texas Uniform Condominium Act to prevent counties from imposing subdivision platting requirements on condominiums, received support from builders and a condominium attorney who said current county practices create duplicative hurdles and higher costs; it too was left pending. Finally, House Bill 5148, which would allow certain single-stair apartment buildings up to six stories, generated the most detailed policy debate. Supporters, including housing advocates and architects, said the bill would lower costs, improve unit design, and expand affordable, family-friendly housing while maintaining safety through sprinklers and other safeguards. Fire officials from Corpus Christi opposed the bill, warning that a single stairwell could hinder firefighting and occupant evacuation, especially if sprinklers fail or smoke spreads. The author said the bill was aimed at new construction only and was part of a broader effort to reduce outdated housing regulations; the committee substitute was withdrawn and the bill was left pending at adjournment.

Transcript Highlights:

• Pew has done a study of all existing single-stair buildings in the U.S., and they found no difference
• Colorado just did a really interesting single-stair competition, and they found, and they did a study
• I actually did a study myself of going from the third floor to the ground floor in both a single-stair
• We know that cities like Austin have carefully studied the issue and made building code changes, and
• We know that cities like Austin have carefully studied the issue and made building code changes, and

Bills: HB447, HB897, HB993, HB2673, HB3671, HB3680, HB3897, HB4506, HB4753, HB4812, HB4894, HB5148, HB5437, HB5650, HB5652, HB5654, HB5656, HB5661, HB5665

Keywords: traffic impact studies, municipal utility district, bonds, road projects, eminent domain, HB 897, Texas land sale, state property, Austin real estate, Travis County, General Land Office, Texas State Library and Archives Commission, HHSC, Health and Human Services Commission, state records facility, archives building, library funding, capital improvements, lease of state land, public land disposition

Transcript Highlights:

• I mean, do you have to produce a traffic study currently?
• . study.
• continue to update that study.
• That MUD may have already done traffic studies.
• So you do the study, there's no one to give it to?

Bills: HB447, HB897, HB993, HB2673, HB3671, HB3680, HB3897, HB4506, HB4753, HB4812, HB4894, HB5148, HB5437, HB5650, HB5652, HB5654, HB5656, HB5661, HB5665

Keywords: traffic impact studies, municipal utility district, bonds, road projects, eminent domain, HB 897, Texas land sale, state property, Austin real estate, Travis County, General Land Office, Texas State Library and Archives Commission, HHSC, Health and Human Services Commission, state records facility, archives building, library funding, capital improvements, lease of state land, public land disposition

Transcript Highlights:

• <00:37:55.400> studies 10 years we don't use Actuarial studies 10 years we don't use Actuarial
• like you know Actuarial studies and the like you know Actuarial studies and the like um<00:41:59.160
• study that was first done Actuarial study that was first done assumed<00:46:42.520> the<00:46
• <01:03:02.160> studies<01:03:02.520> were the the um the Actuarial studies were the
• <01:08:31.359> study back and get a get get an actuary study back and get a get get an actuary

Keywords: 1183, house

Transcript Highlights:

• We will have a presentation on the 2025 actuarial evaluation report from the state actuary, possible
• that we saw in the study.
• So, the demographic experience study.
• that we saw in the study.
• And so the motion before us is for the Office of the State Actuary to perform an actuarial evaluation

Summary: The Pension Funding Council met on June 23, 2026, for a work session that began with an overview of the Higher Education Supplemental Retirement Plan (SRP) and a 2025 accounting valuation of that plan. Staff explained that the SRP is a closed defined benefit supplement for higher education employees hired before the 2011 closure, with employer contributions currently pre-funding benefits in institution-specific trusts while institutions still pay benefits on a pay-as-you-go basis. The State Actuary’s office reported that the plan’s accounting position has improved, with combined market assets of about $245 million against $377 million in accrued liability, and that strong market performance since 2022 has increased the asset-to-liability ratio. The office emphasized that this was an educational accounting valuation, not a funding valuation for rate-setting. The council then received the 2025 actuarial valuation report for the state retirement systems. Actuaries reviewed the recent demographic experience study, noting updated assumptions for mortality, retirement, termination, and salary growth, and said the net impact on most plans was small. They reported that most plans’ funded ratios improved, with all plans at least 94% funded and several at or above 100%, and that contribution rates for the 2027–2029 biennium are generally lower than current rates. They also noted that future rates could be affected by market volatility as deferred gains are recognized over the next few years. During public comment, a representative of the Association of Washington Cities urged the council to consider rate reductions to help local governments facing budget pressures. In executive session, the council first approved a motion directing the Office of the State Actuary to perform an actuarial evaluation and analysis of each institution’s Higher Education Supplemental Retirement Plan, including institution-specific contribution rates, asset sufficiency, and funding policy options, due by July 1, 2028. The council then adopted the 2027–2029 pension contribution rates based on the 2025 actuarial valuation report. Both motions passed 5-0, with one member excused. The meeting concluded with no further business.

Transcript Highlights:

• For the record, Luke Maslink, Senior Actuary with OSA, you will also be hearing from your state actuary
• We study those in a separate demographic experience study.
• of the study.
• The Office of the State Actuary remains staffed with credentialed actuaries in the pension discipline
• The Office of the State Actuary remains staffed with credentialed actuaries in the pension discipline

Summary: The Pension Funding Council met on October 8 with introductions from council members and staff, then received a detailed presentation from the Office of the State Actuary on long-term economic assumptions and the state pension systems’ financial condition. OSA reported that the combined pension systems are currently 100% funded on a smoothed basis, with open plans above 95% funded, and that legacy Plan 1 systems remain on a path toward full funding under current policy. The actuaries recommended updating assumptions to 3% inflation, 3.5% general salary growth, and a 7.25% investment return, while keeping Plan 1 membership growth at 1%. They also explained asset smoothing, the role of recent strong investment returns, and the expected budget impacts of the recommended changes. Representatives from the Economic and Revenue Forecast Council and the State Investment Board offered supporting perspectives, generally describing the assumptions as reasonable and consistent with their own outlooks. The council also heard an overview of the Long-Term Services and Supports Trust Program (WACares) from DSHS and OSA. Program staff described the program’s social insurance structure, premium collection, benefit eligibility, and upcoming implementation milestones. OSA reported that the program’s first actuarial valuation showed a positive actuarial balance under the base scenario and recommended no change to the current 0.58% premium rate during the program’s early learning phase, noting that future changes would depend on experience and the program’s risk-management framework. OSA also said the recommendation would remain the same regardless of the outcome of the pending ballot measure affecting investment options. During public comment, a representative of the Washington State School Retirees Association urged continued work on Plan 1 funding and related legislation, while the Association of Washington Cities cautioned against increasing pension assumptions in a way that could raise future employer costs and reduce flexibility for current local government services. In action, the council adopted a motion to maintain the current long-term economic assumptions by a 4-2 vote, adopted the recommendation to keep the WACares premium rate at 0.58% by a 6-0 vote, and then elected Katie Chapman as council chair by unanimous vote. The meeting then adjourned.

Transcript Highlights:

• House Bill 1161 and powers the legislature to order actuarial studies from the Oklahoma Insurance Department
• Order actuarial studies on any bill that has a health mandate.
• And then the language it is says to specify an actuarial studies.
• So I think that language includes and it expands from actuarial to the other types of studies like you
• And so that's the whole idea of having an actuarial study to see what that impact on the plan is.

Bills: HB2975, HB3405, HB3406, HB3728, HB3902, HB3977, SB397, HB1161, HB2938, HB2939, HB3306, HB3722, HB4113, HB4123, HB2293, HB3176, HB3545, HB3546

Keywords: poultry waste, nutrient management, environmental regulations, agriculture, water quality, pollution prevention, best management practices, noxious weeds, poison hemlock, kudzu, landowner responsibilities, environmental control, public nuisance, eradication, burn bans, fire danger, drought conditions, emergency declaration, scrap metal, regulation

Transcript Highlights:

• We will have a presentation on the 2025 actuarial evaluation report from the state actuary, possible
• Okay, so the demographic experience study.
• that we saw in the study.
• The dashed line represents the actuarial value.
• And so the motion before us is for the Office of the State Actuary to perform an actuarial evaluation

Keywords: 904, all

Transcript Highlights:

• I'm the state actuary. With me from the office is Frank Sarah, another actuary from our office.
• But we study that demographic assumption as part of our demographic experience study, which is a separate
• They study this stuff on a regular basis.
• actuarial fiscal notes for any relevant bills to reflect our most recent actuarial valuation, current
• The actuarial calculations were simply wrong.

Summary: The committee approved the July minutes and then received an informational presentation from the Office of the State Actuary on the financial condition of the state retirement systems. The actuary reported that employer contribution rates are generally declining, helped by strong investment returns and reduced funding for PERS 1 and TERS 1, while funded ratios have continued to improve; on a combined basis the plans were reported at 100% funded in 2024, with open plans above 95% and legacy plans varying by system. The presentation also reviewed projected rates and funded ratios under current assumptions, noted that pension costs are taking a smaller share of the state general fund, and discussed risks from investment volatility, policy changes, and demographic experience. Committee members asked about savings from lower rates, deferred asset smoothing, and how Washington compares with other states. The committee then considered the state actuary’s recommendation on long-term economic assumptions and adopted all four recommendations by roll call votes: inflation at 3.0%, general salary growth at 3.5%, membership growth for Plan 1 funding at 1.0%, and investment rate of return at 7.25%. The actuaries explained that the inflation and salary growth increases were driven largely by higher long-term inflation expectations, while the investment return recommendation matched the current statutory assumption. Members discussed the timing of the Pension Funding Council’s decision, the effect of tariffs and inflation uncertainty, and how assumption changes would affect future contribution rates and budgets, particularly for open plans. Staff then gave an update on the LEOFF 1 study, explaining the difference between being “ahead of schedule” and truly overfunded, and summarizing responses received from DRS, the State Treasurer, and the State Investment Board on the merger and restatement proposals. DRS said both bills could be administered, though the merger bill’s COLA banking provision would be challenging until its new system is ready; the Treasurer urged caution, especially about the restatement bill and the use of one-time funds; and the Investment Board said removing assets from the trust would have some transaction costs but likely small impacts. The committee discussed whether to invite additional agencies and local government groups to testify, and staff said more responses, including from Ice Miller and the State Actuary, were expected for the October meeting. Finally, the committee heard a briefing on PERS 1/TERS 1 COLA policy and related bills from the last session. Staff reviewed the committee’s prior ongoing COLA recommendation, the SCPP-endorsed bills that would have created a one-time 3% COLA followed by an ongoing COLA, the Senate merger bill, and a separate ad hoc COLA bill. Public testimony largely supported Plan 1 COLAs and stable contribution rates, while several speakers urged caution about transferring LEOFF 1 surplus assets or merging legacy plans, and others raised concerns about climate risk and the pension fund’s investments. No further committee action was taken on the COLA item during this portion of the meeting.

Transcript Highlights:

• And again, this state actuary would continue to serve as a plan actuary for the restated Left 1.
• I'll go from there into a draft plan for the study.
• mention the fact that pension actuaries and health care actuaries use very different assumptions and
• It was not set up to answer the questions in this study.
• Comment on this study, but he is not.

Keywords: 904, all

Summary: The Select Committee on Pension Policy approved its minutes by roll call vote, then postponed an OSA annual update due to a family emergency. The committee received an Open Public Meetings Act refresher from Assistant Attorney General Kate Adams, who reviewed key compliance points including quorum and serial meetings, notice and agenda rules, executive session limits, public comment requirements, and the consequences of violations. She also noted a litigation hold notice sent to members and provided resources for further guidance. Staff then briefed the committee on E2 Second Substitute House Bill 2034, which restates and terminates LEOFF 1 on June 30, 2029, creates a restated LEOFF 1 funded by transferred assets, and places excess assets into a pension surplus holding account that could later be used by the state. The bill requires DRS to seek IRS guidance, directs OSA to calculate the transfer amount and assess any future unfunded liability, assigns implementation duties to DRS, OSA, the Pension Funding Council, the State Investment Board, and the Treasurer, and requires two SCPP studies on LEOFF 1 medical benefits and policy oversight. OSA’s actuary estimated the transfer to the surplus holding account at about $3.9 billion under current assumptions and said the bill increases the modeled chance of future state contributions if the restated plan falls below 100% funded; members asked about IRS timing, the 2029 transfer date, and whether the 110% buffer is sufficient. The committee also received an update on the LEOFF 1 medical benefits study required by the bill. Staff said the study will examine the administration of pension boards and medical liabilities, likely focusing on medical benefits, and will gather anonymized data from local boards, cities, counties, and related agencies over the next three years. Members and public commenters discussed the number and structure of local boards, whether spouses receive medical benefits, and the possibility of regionalizing or consolidating administration. No action was taken, but staff said they would return with milestones and further updates. Finally, staff outlined a possible Plan 3 study, prompted by DRS, to evaluate whether the original goals of Plan 3 have been met after 30 years. The proposed study would review historical context, member choice outcomes, policy questions, and possible recommendations over a two-year period. The committee also heard an update on new correspondence procedures, including a new online web form, a correspondence log in meeting packets, and removal of correspondence from the public website. During public comment, retiree groups urged the committee to pursue an ongoing COLA for PERS and TRS Plan 1, with interim ad hoc COLAs until then, while LEOFF 1 retirees urged caution about changing the current board structure and emphasized the complexity of medical benefit administration.

Transcript Highlights:

• our senior actuary.
• And we are actuaries with OSA here today to share with you the results of the preliminary 2025 actuarial
• The results of that experience study will then be folded into the 2025 actuarial evaluation report.
• the actuarial valuation, excuse me, the actuarial value of asset method when that was established.
• The actuary is it probably is really the actuary.

Keywords: 904, all

Transcript Highlights:

• The couple of studies they have done by an actuary indicated that the funding was significantly inadequate
• , and the actuarial study also indicated they need a lot more contingency reserve than they currently
• study?
• , one of the largest actuarial firms in the entire world, to do this study for us.
• /c><02:43:30.720> to<02:43:30.960> provide Actuarial studies um I wanted to provide Actuarial

Keywords: 1191, senate, all

Transcript Highlights:

• I am an actuarial consultant with Via Actuarial Solutions.
• actuary, we provide independent actuary, we provide independent actuarial<00:04:56.639> advice
• All the Minnesota statewide plans do an experience study every four to five years with their actuaries
• experience studies.
• experience studies.

Keywords: 1187, senate, all

Transcript Highlights:

• All right, we're going to move on to Michael Harbor, the actuary, for the actuarial update.
• You know, on actuarial updates, of course, we heard some in the previous comments about the actuarial
• We completed a study.
• That's when we pass the study forward.
• The actuary representative made recommendations for changes, right? Correct. State actuary amounts.

Summary: The executive committee approved the October minutes and received brief updates from the Assistant Attorney General and the committee actuary. The actuary reminded members that OSA prepares actuarial fiscal notes during session and said staff would begin work soon on analysis for the upcoming session, including updates related to the COLA bill and other pension measures. Senator Conway asked that updated actuarial materials be shared with committee members as they are completed, and staff agreed to do so. Most of the meeting focused on committee discussion of pension policy issues, especially the ad hoc COLA for Plan 1 retirees and the broader study work on Left 1/Plan 1 topics, including merger and termination-restatement bills such as Senate Bill 5084. Members discussed the need for a COLA, the overfunding of some pension plans, the role of the legislature versus the committee, and the importance of keeping the State Investment Board separate from pension policy recommendations. Several members said the interim work had clarified many questions and would make future legislative decisions easier, while also noting that the committee’s study role had been completed. The committee also reviewed constituent correspondence, which included 15 items, with substantial public interest in the ad hoc COLA and related pension bills. Staff presented the draft interim work plan and proposed December agenda items, including possible education on excess compensation and an update on demographic experience studies. After discussion, members agreed not to hold a December meeting, with the understanding that any remaining informational items could be sent by email. The motion to skip the December meeting passed unanimously, and the committee then adjourned.

Transcript Highlights:

• Now we'll move on to Michael Harbour, the actuary, for an actuarial update. Great.
• Now we'll move on to Michael Harbour, the actuary, for an actuarial update.
• ; those will be addressed in an updated actuarial analysis component in the final study.
• Those will be addressed in an updated actuarial analysis component in the final study.
• But the study itself does require it to evaluate the actuarial impacts, and so that piece will be evaluated

Summary: The Select Committee on Pension Policy Executive Committee approved the June minutes and received a brief update from Assistant Attorney General Jesse Yoder, who had no litigation updates but offered to answer questions. Actuary Michael Harbour then previewed the September full committee meeting, which will include a report on the financial condition of the DRS-administered pension plans and the state actuary’s recommended economic assumptions. He also cautioned that any actuarial pricing done over the summer could change if assumptions are updated, and suggested taking votes on potential legislation later in the interim, possibly in November or December. A discussion followed about the Left 1 benefit improvement and where the funding came from. Harbour said the benefit tied to SSB 5791 (2022) was paid from the Left 1 trust fund, while a separate Left 2 benefit improvement was in SHB 1701, and he agreed to double-check the issue with DRS after members raised conflicting information. Members then discussed the broader Left 1 study, including whether IRS approval is a key barrier and whether options are limited to merger or closure. Several members asked to hear from Ice Miller, which has been advising on the tax issues, and staff said the committee should receive a written response in the next couple of weeks and could have Ice Miller appear in October. The committee reviewed and adjusted its interim work plan. September will include the actuarial presentations, a more detailed Left 1 study update, and a presentation on PERS and TERS Plan 1 COLAs, including a recap of the bill recommended this year and initial considerations for an ad hoc COLA. October is expected to include DRS administrative and performance updates, with November reserved for the State Investment Board update and a final Left 1 study update, and December may include an educational presentation on excess compensation. Members also requested a future briefing on the month-of-death benefit discussion. The September agenda was adopted, correspondence materials were noted, and the meeting adjourned.

Transcript Highlights:

• of re rehiring the recommended actuaries of re rehiring the recommended actuaries actuaries<00:10
• Until January 2025, we had Via Actuarial Solutions as our actuary.
• That was to appoint Via Actuarial Solutions as the commission actuary.
• An experience study is something that the actuaries perform every four to five years behind the scenes
• An experience study is something that the actuaries perform every four to five years behind the scenes

Keywords: 1187, senate, all

Transcript Highlights:

• Also, I want to announce that we sent a lot of bills out to analysis by our actuary last year.
• There would have been a benefit to my surviving, but because of to follow up on your question, the actuary
• It's already been figured in, so it has no actuarial cost to it. Any further questions?
• And point of clarification, is this going to an actuarial or is this the bill? This is the bill.
• I might note we heard some testimony during an interim study, and part of this bill requires some annuity

Bills: HB3041, HB4428, HB4429, HB1064, HB3265, HB3721, HB3028, HB3313, HB3588, HB3020

Keywords: credit card transactions, payment methods, service charge, consumer rights, financial regulation, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty, pecuniary factors, nonpecuniary factors, ESG, environmental social governance, social goals

Transcript Highlights:

• I'm just parachuting in here and Because I'm just parachuting in here and hadn't made a chance to study

Bills: SB107, HB158, HB353, HB354, HB357, HB181, HB465, HB526

Keywords: SSUT, simplified sellers use tax, sales tax distribution, municipal revenue, municipal population, annexation, deannexation, incorporation, boundary change, federal census, decennial census, Department of Revenue, local government finance, revenue sharing, municipal boundaries, population recalculation, probate judge, Boundary and Annexation Survey, Alabama municipalities, HB158