Video & Transcript : 'annuity account' :
Page 4 of 500
LA
Transcript Highlights:
- Members, Senate Bill 17 by Senator Talbot provides for the funding deposit account for cost-of-living
- So we used to fund them through the experience account.
- It repeals language related to the system's experience account.
- Now that the experience account no longer exists, it reuses the system's priority agent.
- And eliminate the EA experience account next year, or this year.
Bills:
SB8 , SB10 , SB11 , SB12 , SB13 , SB14 , SB16 , SB17 , SB18 , SB20 , SB21 , SB22 , SB416 , SB455 , SB456 , SB477
Committee:
House Retirement
Keywords:
Municipal Employees' Retirement System, Louisiana, participation, employer, retirement, SB 10, Act 222, Louisiana State Police Retirement System, state police retirement, retirement system funding, employer contributions, actuarial gains, amortization, Permanent Benefit Increase, PBI account, benefit increase reserve, supplemental permanent benefit increase, public retirement systems, state pension, pension funding
AZ
Arizona 2026 Regular Session
02/10/2026 - House Natural Resources, Energy & Water
Natural Resources, Energy & Water
Transcript Highlights:
- They didn't have to go through their accounting process, and the districts don't know how much money
- 2009 also protects Arizona State Trust beneficiaries such as K-12 education by urging Congress to account
- Representative Carter: Aye. operators to include cash deposit with a third party escrow or trust account
- The bill also outlines accounting and usage requirements for the collected fee and states...
- The bill also outlines accounting and usage requirements for the collected fee and states any excess
Bills:
HB2026 , HB2027 , HB2028 , HB2031 , HB2078 , HB2094 , HB2095 , HB2101 , HB2102 , HB2103 , HB2260 , HB2278 , HB2827 , HB2932 , HB2933 , HB2934 , HB2986 , HCM2009 , HCR2038
Committees:
House Natural Resources, Energy & Water , House House Natural Resources, Energy & Water Committee of Reference
Keywords:
assured water supply, groundwater, commingling, commingled water, water supply, Arizona Department of Water Resources, ADWR, active management area, AMA, subdivision plat, development approval, water rights, municipal provider, private water company, certificate of assured water supply, written commitment of water service, groundwater savings credits, gray water reuse, replenishment district, Central Arizona Project
WA
Transcript Highlights:
- It creates the Washington Wildlife Corridors Account and the Washington Wildlife Crossings Account in
- the state treasury and defines authorized uses for each account.
- Both accounts are subject to appropriations. There's a fiscal bill available.
- Instead of going to the general fund, it'll go into this new account.
- And then in terms of the other account that's created for the air pollution control account, that is
Committee:
Senate Ways & Means
Keywords:
Washington retirement systems, retirement trust funds, interest earnings, public employee retirement system, teachers retirement system, state patrol retirement system, judicial retirement system, judges retirement system, school employees retirement system, public safety employees retirement system, law enforcement officers and firefighters retirement system, PERS, TRS, LERS, legal expenses, medical expenses, administrative expenses, fraud prevention, overpayment recovery, trust fund protection
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 4/3/25 - Part 1
Judiciary Finance and Civil Law
Transcript Highlights:
- what's happening in this bill is that we're doing a more holistic process that takes all of this into account
- I don't know how much money would be required to simply add accounts to that system so that attorneys
- c><01:32:07.639><c> to</c><01:32:07.840><c> Simply</c><01:32:08.239><c> Add</c><01:32:08.520><c> accounts
- </c><01:32:09.520><c> to</c> be required to Simply Add accounts to be required to Simply Add accounts
Bills:
HF2233 , HF1524 , HF1893 , HF1396 , HF2456 , HF2959 , HF2300 , HF2412 , HF3022 , HF2825 , HF1862 , HF1373 , HF1039 , HF3070
Committee:
House Judiciary Finance and Civil Law
Keywords:
Uniform Special Deposits Act, special deposit, banking law, financial institutions, escrow, escrow account, trust account, security deposit, beneficiary, depositor, creditor process, garnishment, attachment, levy, setoff, recoupment, financial market infrastructure, retirement benefits, compensation, earnest money
TX
Transcript Highlights:
- Today, in-situ recovery account for over half of the world's uranium production and is a key contributor
- Texas Water Development Board to provide financial assistance from the economically distressed areas account
- revenues to each district so we project about another 1.7 billion dollars in additional funding to account
- It's for me to just get you a line item accounting for that, which I'm happy to do. 1.7 billion that
- The following session will use updated data and also account for any unforeseen costs or changes that
Keywords:
appropriations, budget, state funding, education, healthcare, infrastructure, state budget, mental health funding, education funding, infrastructure improvements, public safety, groundwater, water conservation, financial assistance, Texas Water Development Board, innovation fund, local conservation districts, transportation protection agreement, funeral services, insurance exemption
AL
Alabama 2025 Regular Session
Alabama House Children and Senior Advocacy Committee Mar 19th, 2025
Children and Senior Advocacy
Transcript Highlights:
- We have had no accountability for the abuse that has occurred to my the abuse that has occurred to my
Committee:
House Children and Senior Advocacy
Keywords:
Coach Safely Act, youth athletics, noncompliance penalties, Department of Public Health, youth athlete, social media, age verification, minors, under 16, children online safety, online privacy, platform regulation, deceptive trade practice, Attorney General, civil penalties, punitive damages, consumer protection, account creation, algorithmic feeds, internet safety
OK
Oklahoma 2026 Regular Session
Revenue and Taxation REVISED Feb 9th, 2026 at 01:30 pm
Revenue and Taxation
Transcript Highlights:
- So, it would be per taxpayer account.
- And again, the reason for doing this is, for instance, in Rogers County, they have 4,100 accounts and
- But 2,800 of those accounts account for only $58,000. And those are at $50 or less.
- So I understand how it works on an individual level because that is connected to my account.
- How will it work whenever I'm assuming the board's only going to have one account set up?
Bills:
SB1280 , SB1392 , SB1393 , SB1395 , SB1400 , SB1405 , SB1832 , SB1839 , SB1989 , SB2001 , SB2143
Committee:
Senate Revenue and Taxation
Keywords:
excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing
WA
Washington 2025-2026 Regular Session
Senate Health & Long-Term Care Feb 3rd, 2026 at 10:30 am
Health & Long-Term Care
Transcript Highlights:
- manages some of the state's largest contracts, and I believe strongly in holding those partners accountable
- It also means holding ourselves accountable and being results-oriented while leading with empathy and
- It also means holding ourselves accountable and being results-oriented while leading with empathy and
- And my third commitment: accountability and focus. Thank you.
- It expands the folks who can actually receive money out of that account, that there will be folks who
Bills:
SB5899 , SB6292 , SB6094 , SB6182 , SB5947 , SJR8206 , SB5933 , SB6138 , SB5823 , SB6210 , SB5921 , SB6226 , SB6159 , SB5924 , SGA9291 , SGA9307
Committee:
Senate Health & Long-Term Care
Keywords:
chiropractic, animal care, veterinary medicine, license endorsement, nonhuman animals, health care, financing, legislative committee, joint committee, policy management, pediatric care, transitional services, healthcare, licensing, children's health, abortion, reproductive health, pregnancy termination, clinic access, abortion access fund
WA
Washington 2025-2026 Regular Session
House Early Learning & Human Services Jan 23rd, 2026 at 08:00 am
Early Learning & Human Services
Transcript Highlights:
- But it also brings another level of compliance and, I think, integrity and accountability to the facility
Committee:
House Early Learning & Human Services
Keywords:
child welfare, risk assessment, investigation, child abuse, neglect, military families, early childhood education, access, assistance program, education equity, homelessness, youth programs, advisory committee, prevention, protection, HB 2219, child care licensing, early learning, DCYF, Department of Children Youth and Families
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (8-26-25)
Transcript Highlights:
- </c> new companies and so from an accounting new companies and so from an accounting perspective<00:09
- We had a bank account, a checking account, where dollars would go in and dollars would go out to pay
- Same thing with the 401(k) account.
- And you can see our account types.
- </c> individual account there. individual account there.
Summary:
The meeting opened with a quorum call, the Pledge of Allegiance, a prayer, and approval of the prior meeting minutes. The first presentation was from Bo Craycraft of the Judicial Form Retirement System, who gave an update on investment performance, asset allocation, cash flow, and projected employer costs. He reported strong fiscal year 2025 investment results, with both the legislative and judicial retirement plans outperforming their actuarial assumed rates of return and benchmarks, driven largely by U.S. equity performance. He also noted the plans remained near their target asset allocation and continued to experience negative cash flow, though he said that was manageable in context of strong asset growth.
Craycraft then discussed a recent experience study and actuarial assumption changes, especially a revised salary growth assumption and a higher cash balance interest credit rate. He said these changes increased projected employer costs, with contributions rising from about $700,000 to a projected $2 million in later years, though he expected the eventual 2025 valuation and investment gains to reduce that estimate. Members asked about mortality assumptions, the impact of the experience study on liabilities, and the sharp increase in the judicial plan’s projected employer cost. Craycraft explained that the increase was driven mainly by the updated assumptions and that no other major plan changes were involved.
At the chair’s request, Craycraft also addressed the recent rise in Medicare Advantage premiums for the plan’s health coverage, saying the 2025 increase was largely tied to Part D changes and the Inflation Reduction Act and had been about 45%, but that future growth was expected to be under 5%. After his presentation, the committee moved to the Kentucky Public Pensions Authority update, where the next speaker began by saying the funds had exceeded actuarial assumed returns for the fiscal year.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/18/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- </c> value of these combined service annuity value of these combined service annuity provisions<00:45
- </c> reflecting the combined service annuity reflecting the combined service annuity provisions<00:45
- because in the past a deferred annuity because in the past a deferred annuity<00:46:47.599><c> was</
- </c> error was a combined service annuity error was a combined service annuity member<00:54:40.520><c
- to the TR transfer account.
MN
Minnesota 2025-2026 Regular Session
House Public Safety Finance and Policy Committee 3/17/26
Public Safety Finance and Policy
Transcript Highlights:
- Um, I think overall we want a public crime database to ensure transparency and accountability.
Committee:
House Public Safety Finance and Policy
Keywords:
disaster assistance, contingency account, Minnesota emergency management, public safety, state disaster aid, FEMA, federal cost-share, emergency relief, natural disaster, budget report, appropriations report, management and budget, local governments, utility cooperatives, public works, infrastructure repair, chapter 12B, chapter 12A, emergency management, disaster recovery
WA
Washington 2025-2026 Regular Session
Senate Health & Long-Term Care Jan 29th, 2026 at 08:00 am
Health & Long-Term Care
Transcript Highlights:
- Additionally, under this bill, it creates the abortion savings account, where all the revenue collected
- So you're collecting all this money into this account. Who gets access to that money?
- It establishes a premium tax for the state to recoup the stolen abortion savings account.
- We really are not concerned about the remainder of the bill or the merit of the account being created
- Agencies for this account.
Committee:
Senate Health & Long-Term Care
Keywords:
Washington Medical Commission, medical license, license relinquishment, voluntary surrender, nondisciplinary pathway, physician regulation, health professional licensing, disciplinary database, National Practitioner Data Bank, license renewal, license reinstatement, medical board, professional discipline, credential surrender, healthcare regulation, abortion, reproductive health, pregnancy termination, clinic access, abortion access fund
WA
Washington 2025-2026 Regular Session
Senate Higher Education & Workforce Development Jan 19th, 2026 at 10:30 am
Higher Education & Workforce Development
Transcript Highlights:
- This presentation is not about limiting student voice or reducing accountability.
- Second, student accountability systems are weakened.
- Second, student accountability systems are weakened.
- There's now a lot more money in the account, given the tax changes last year.
- Secondly, I feel like it holds schools accountable.
Keywords:
heritage orchard, agriculture, program, state funding, local agriculture, workforce education, accountability, oversight, administrative changes, investment, SB 5963, passport to careers, Washington College Grant, financial aid, higher education, student aid, need-based aid, college affordability, postsecondary education, workforce development
AL
Alabama 2025 Regular Session
Alabama House Ways and Means Education Committee Mar 19th, 2025
Ways and Means Education
Transcript Highlights:
- What 142 does it establishes a special kind of account for portable special kind of account for portable
- special kind of account for portable benefits.
- So, this establishes a certain kind of account that the gig certain kind of account that the gig certain
- kind of account that the gig that the platform would be able to put that the platform would be able
Committee:
House Ways and Means Education
Keywords:
parental leave, state employees, local education agencies, adoption, work-life balance, family support, portable benefits, portable benefit account, independent contractor, gig worker, 1099 worker, freelancer, app-based worker, rideshare, delivery driver, worker benefits, health insurance, retirement benefits, life insurance, income replacement insurance
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (4-28-25)
Transcript Highlights:
- </c> actually being accounted for separately. actually being accounted for separately.
- </c> funds um from an accounting perspective. funds um from an accounting perspective.
- </c> assets in the retirement annuity trust. assets in the retirement annuity trust. as<00:42:27.200>
- </c> retirement annuity retirement annuity trust.<00:42:47.760><c> Here</c><00:42:48.000><c> we</c><00
- trust until both the retirement annuity trust until both the retirement<00:56:36.000><c> annuity</c>
Summary:
The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials.
Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach.
Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.
WA
Transcript Highlights:
- The Digital Opportunity Program is funded by a dedicated account, the Digital Equity Account.
- to a newly created account, the Early Education Scholarship account.
- This bill is really about supply, accountability, and predictability.
- This bill is really about supply, accountability, and predictability.
- It's some cleaning up of old accounts.
Bills:
HB1073 , HB1128 , HB1316 , HB1408 , HB1591 , HB1592 , HB1634 , HB1906 , HB1960 , HB2073 , HB2145 , HB2248 , HB2266 , HB2301 , HB2333 , HB2365 , HB2401 , HB2416 , HB2421 , HB2438 , HB2474 , HB2475 , HB2515 , HB2517 , HB2523 , HB2548 , HB2597 , HB2637 , HB2640 , HB2660 , HB2675 , HB2685 , HB2720 , HB1742 , HB2104 , HB2186 , HB2405 , HB2557 , HB2593 , HB2636
Committee:
House Appropriations
Keywords:
national guard, military support, defense, state security, veteran services, child care, workforce standards, education, child development, training requirements, postsecondary education, homelessness, foster youth, education access, support programs, community preservation, development authorities, funding, local governance, state resources
TX
Texas 89th Regular
Trade, Workforce & Economic Development Mar 19th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- The researchers created an account posing as a 13-year-old in the United States, the UK, Canada, and
- Even with these genes, but you know parents can also... ...create that social media account for their
- Because when you start that Instagram account just to post your basketball videos, your baseball videos
- He pulled all the money in his bank account, sent it off to the cyber... and they said, send more money
- And finally, Kristen, 15 years old, had just opened an Instagram account.
Keywords:
social media, children, account verification, data privacy, parental control, property owners' association, residential watering restrictions, vegetation, fine limitations, drought, technology, innovation, economic development, grants, Texas Economic Development, business funding, HB 1395, private passenger vehicle rental, car rental, vehicle rental
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Mar 5th, 2025
Finance and Taxation General Fund
Transcript Highlights:
- 2017, and the program has been… The program has been operating since 2017, and we have about 1,300 accounts
- Act was intended to allow for these accounts… ...to allow these accounts to be set up.
- qualified individuals to save up to $100,000 so that they might be able to afford… ...to afford our first account
- But this allows them to establish a disabled account.
Committee:
Senate Finance and Taxation General Fund
Keywords:
income tax, CHOOSE Act, education funding, ABLE account, tax credits, poverty threshold, legislative funding, HB89, Medicaid, pregnant women, pregnancy, prenatal care, ambulatory prenatal care, presumptive eligibility, temporary Medicaid coverage, Alabama Medicaid Agency, maternal health, low-income women, health coverage, eligibility determination
MN
Minnesota 2025-2026 Regular Session
House Children and Families Finance and Policy Committee 3/4/25
Children and Families Finance and Policy
Transcript Highlights:
- He said there is still a division, the special investigations unit, staffed with accountants and attorneys
- office oversees local units of government, and that the special investigations unit is staffed with accountants
Keywords:
Office of Inspector General, inspector general, legislative audit, fraud prevention, waste and abuse, public funds, grant oversight, state grants, grant management, whistleblower protection, retaliation, subpoena power, data practices, government transparency, accountability, law enforcement referrals, sanctions, debarment, payment withholding, public assistance fraud