Video & Transcript : 'vesting' :
Page 4 of 73
LA
Transcript Highlights:
- More than likely, the contract is going to say that that CEO is vested and the benefits go to him.
- He's probably 100% vested.
- He's probably 100% vested.
- or he's not vested.
- Well, that's a separation event that triggers the policy on whether he's vested or he forfeits the benefit
Committee:
House Insurance
Summary:
The House Insurance Committee met on May 19 and first took up Senate Bill 509 on bank-owned life insurance. The bill would clarify that banks retain an insurable interest in former employees for purposes of exchanging underperforming bank-owned life insurance policies for better-performing ones. Members adopted a revised amendment set after withdrawing a prior version. Testimony focused heavily on whether consent from the insured former employee is required for any transfer or exchange, with supporters saying the bill is needed to address underperforming policies and opponents warning about unclear consent standards, data-transfer concerns, litigation risk, and possible federal tax issues. After debate, the committee reported SB 509 as amended by a 7-4 vote.
The committee then heard Senate Bill 295, which requires health insurance coverage for medically necessary treatment for persons with acquired brain injuries, including cognitive rehabilitation and related services. Supporters from the Brain Injury Association of Louisiana and NeuroRestorative described gaps in post-acute care, high rates of discharge to unsafe home settings or nursing homes, and improved return-to-work outcomes when patients receive appropriate rehabilitation. An amendment was adopted to clarify federal essential health benefit limits and remove certain language, reducing the fiscal note to zero. The bill was then reported as amended without objection.
Next, the committee considered Senate Bill 155, which requires coverage for medically necessary dental procedures needed for cancer treatment clearance, such as exams, imaging, and extractions. Cancer advocates, oncologists, and dental representatives said untreated dental problems can delay chemotherapy or radiation and lead to worse outcomes and higher costs. Cleanup amendments were adopted, and the bill was reported as amended. The committee also advanced Senate Bill 465, which tightens prompt-payment deadlines for health insurers, adds pharmacy payment provisions, and creates a recoupment timeline for dental claims; after technical and substantive amendments, it was reported as amended.
Finally, the committee approved Senate Bill 276, creating a pre-appointment affidavit process for bail bond producers to ensure prior premiums, shortages, and forfeitures are resolved before a new insurer appointment, and House Resolution 260, which urges the Department of Insurance to study how out-of-network medical billing affects auto insurance rates. Both measures were reported favorably or as amended, and the committee adjourned after a motion to do so.
CA
California 2025-2026 Regular Session
Assembly Public Employment and Retirement Committee Apr 8th, 2026
Public Employment and Retirement
Transcript Highlights:
- system, where the amount is determined based on the duration of contributions and not subject to a vesting
- They will vest in their pensions or utilize whatever best retirement option is the best fit for them.
- They will vest in their pensions or utilize whatever best retirement option is a best fit for them.
- Those folks are not typically going to vest all the way in the defined benefit program.
- I never vested. I get things in the mail that I can't log into. That's some other problem.
Committee:
House Public Employment and Retirement
ID
Transcript Highlights:
- And finally, it vests administration of that park The merit system.
- And finally, it vests administration of that park with the park service subject to the governor's advice
- The only general funds included 27 patrol cars and ballistic vests.
- These ballistic vests have a life, and they have to be replaced when they reach that life.
- in here is for the replacement items for the Idaho State Police, the patrol cars, and the ballistic vests
WA
Washington 2025-2026 Regular Session
Senate Floor Session Feb 12th, 2026 at 10:00 am
Washington Senate Floor Meeting
Transcript Highlights:
- It takes courage for the brave men and women to get up every morning, put on that uniform, put that vest
- on... ...to get up every morning, put on that uniform, put that vest on, and go out and protect and
- And you'll get to strap on that vest. You'll get to get in that car.
Summary:
The Senate opened with roll call, colors, the Pledge of Allegiance, and a prayer. The journal was approved, House messages were received, and several measures were introduced and referred, including Senate Joint Resolution 8212 and House Bill 2664. The chamber then took up Senate Resolution 8672, honoring Washington State Patrol Trooper Tara Marissa Guding, who was killed in the line of duty. Senators spoke in support, emphasizing her service, the risks faced by troopers, and the importance of slowing down and moving over for emergency vehicles. The resolution was adopted unanimously, all members were added as co-sponsors, and the Senate observed a moment of silence and welcomed Trooper Guding’s colleagues and family.
The Senate then considered gubernatorial appointments. Kerry Heaton was confirmed to the Peninsula College Board of Trustees by a roll call vote of 47 ayes and 2 absent. Rebecca Chan was confirmed to the Shoreline Community College Board of Trustees by a vote of 49 ayes and 0 nays. Bethany J. Martinez was confirmed to the Big Bend Community College Board of Trustees by a vote of 49 ayes and 0 nays. Senators speaking on the appointments highlighted each nominee’s community involvement, professional background, and qualifications for the board positions.
After the confirmations, the Senate agreed to stand at ease for caucus until 1 p.m. The transcript also included the reading of the prior day’s journal and routine procedural motions to advance through the orders of business.
WA
Washington 2025-2026 Regular Session
Senate Floor Session Feb 12th, 2026
Washington Senate Floor Meeting
Transcript Highlights:
- It takes courage for the brave men and women to get up every morning, put on that uniform, put that vest
- on... ...to get up every morning, put on that uniform, put that vest on, and go out and protect and
- And you'll get to strap on that vest. You'll get to get in that car.
Summary:
The Senate convened with all members present, received the journal without objection, and took up messages from the House and first-reading referrals. It then considered Senate Resolution 8672 honoring Washington State Patrol Trooper Tara Marissa Guting, who was killed in the line of duty. Several senators spoke in support, reflecting on her service, the risks faced by troopers, and the importance of motorists slowing down and moving over for emergency vehicles. The resolution was adopted by voice vote, and the Senate observed a moment of silence and welcomed members of Trooper Guting’s family and the State Patrol.
The chamber then moved to gubernatorial appointments. Kerry Heaton was confirmed as a member of the Peninsula College Board of Trustees by a roll call vote of 47-aye, 2 absent. Rebecca A. Chan was confirmed as a member of the Shoreline Community College Board of Trustees by a roll call vote of 49-aye, 0-nay. Bethany J. Martinez was confirmed as a member of the Big Bend Community College Board of Trustees by a roll call vote of 49-aye, 0-nay. Senators speaking in support highlighted each appointee’s community involvement, professional background, and education-related experience.
After the confirmations, the Senate agreed to stand at ease for caucus and lunch until 1 p.m. No other substantive legislative action was taken in the portion provided.
WA
Washington 2025-2026 Regular Session
House Local Government Jan 23rd, 2026
Transcript Highlights:
- original bill would require that a project permit application for residential housing in an urban area vest
- This substitute would remove the provisions related to project permit application vesting.
- I think we heard pretty clearly from builders and others that the vesting was not going to work in this
- So in response to that request, I have removed the provision related to vesting.
Summary:
The committee met in executive session on a series of local government and building-related bills, with HB 2267 and HB 2388 removed from consideration and HB 1529 later pulled due to a technical issue. Staff briefed measures on scissor stairs in the building code (HB 2228), embodied carbon emissions in buildings (HB 2273), performance-based code pathways for low-rise residential buildings (HB 2381), permit review processes (HB 2418), county extreme heat response plans (HB 2183), fire protection districts (HB 2224), crash prevention zones (HB 2174), and city use of county road resources (HB 1529). The discussion focused on code modernization, housing production, permitting timelines, climate and emergency preparedness, fire district financing, and traffic safety.
HB 2228 was advanced as Substitute HB 3079.2 after members supported creating a technical advisory group to recommend code changes allowing scissors stairs, with language clarifying fire-resistance separation; it passed 7-0. HB 2273, which would direct the State Building Code Council and Commerce to adopt embodied-carbon reduction rules and reporting, was reported out 4-3 after supporters emphasized emissions reductions and opponents said industry was not yet ready. HB 2381 advanced as amended Substitute HB 3125.1 after the committee adopted an amendment making the appendix optional and another clarifying performance-based compliance options; it passed 4-3.
HB 2418 advanced as amended Substitute HB 3143.1 after the committee removed vesting provisions, clarified completeness standards, and allowed applicants to waive deadlines or refunds; it passed 7-0. HB 2183, requiring county extreme heat response plans, was amended to reference L&I rules, address grid reliability, remove some subsidy language, and shift plan adoption to county legislative authorities; it passed 4-3. HB 2224, concerning fire protection districts and levy adjustments, was advanced as amended Substitute HB 3142.1 after stakeholder-driven changes; it passed 6-1. HB 2174 was advanced as amended Substitute HB 3144.1, changing the concept from accident risk zones to crash prevention zones and setting a $73 penalty structure; it passed 6-1. The committee adjourned after reporting the bills out with due pass recommendations.
MO
Transcript Highlights:
- Well, in my opinion, and this is just my opinion, so getting somebody that is vested in the community
- My opinion is that getting somebody that is vested in the community because they want that service there
- smaller communities, I think what I'm looking at is getting somebody that's local, that again, is vested
- Well, in my opinion, and this is just my opinion, so getting somebody that is vested in the community
- My opinion is that getting somebody that is vested in the community because they want that service there
MO
Transcript Highlights:
- I guess I personally want to thank everyone that has a vested interest in this particular bill for that
- has a vested interest in this particular bill for answering all my questions, probably more so than
- I guess personally want to thank everyone that has a vested interest in this particular bill for that
- has a vested interest in this particular bill for answering all my questions, probably more so than
Committee:
House Rules - Legislative
AL
Alabama 2026 Regular Session
Alabama Senate County and Municipal Government Committee Mar 10th, 2026
County and Municipal Government
Transcript Highlights:
- Right now, uh, we have a system that’s, uh, vested in the 20th century, where I would say honesty and
- Right now, uh, we have a system that’s, uh, vested in the 20th century, where I would say honesty and
- Right now, we have a system that’s vested in the 20th century, where I would say honesty and integrity
- Right now, uh, we have a system that’s, uh, vested in the 20th century, where I would say honesty and
Committee:
Senate County and Municipal Government
Keywords:
education oversight, subpoena authority, investigation, State Superintendent, school misconduct, ad valorem tax, road funding, local government, referendum, Choctaw County, HB141, Alabama, state employees, salary deductions, payroll deduction, State Comptroller, membership dues, voluntary contributions, insurance premiums, financial instruments
MO
Transcript Highlights:
- two, section five, number five there, about the section Chapter 536, or non-severable, any powers vested
- two, section five, number five there, about the section chapter 536, or non-severable, any powers vested
- About the section, Chapter 536, or non-severable, any powers vested in the General Assembly, et cetera
- The section are non-severable and if any of the powers vested within the General Assembly pursuant to
Committee:
House Insurance and Banking
Summary:
The Committee for Insurance met with a quorum and first took up three bills in executive session. House Bill 2902 was amended with a committee substitute that removed the commission language while keeping provisions on software and key-emulating devices, and members confirmed it still included a Class D felony penalty. The committee adopted the substitute and voted the bill do pass, with one member voting no. House Bill 1789, dealing with delivery network companies and insurance coverage during the delivery availability period, was also amended and adopted; the substitute clarified that the availability period is not commercial activity and that auto insurance applies until a driver is actually engaged in delivery. The committee then voted the bill do pass, with one no vote and one present. House Bill 1647 was amended to remove it from the collateral source rule section and clarify that it applies only to civil actions for damages and property claims; the substitute was adopted and the bill voted do pass, with several no votes recorded.
The committee then held a public hearing on House Bill 1894, which would implement federal nondiscrimination requirements for licensed health care providers in Missouri insurance law. The sponsor said the bill is about patient choice, fairness, and access, especially in rural areas, and does not expand scope of practice or require coverage of new services. Supporters from chiropractic, nursing, occupational therapy, podiatry, and nurse anesthetist groups said the bill would ensure equal reimbursement for the same covered services and improve access to local providers. Opponents from the insurance industry argued the bill would interfere with network design, reduce negotiating leverage, and require equal payment regardless of provider type or credentials; they also said current federal law already governs network adequacy and that the bill’s rulemaking language was standard but the reimbursement mandate was the main concern.
The committee also heard House Bill 3314, which updates Missouri’s insurance guaranty association laws. The sponsor and supporters explained that the bill would clarify coverage for cyber policies, ensure coverage follows the policyholder in insurance business transfer or corporate division transactions, and allow limited pre-liquidation information sharing from the Department of Commerce and Insurance to guaranty associations so claims can be handled faster after insolvency. Witnesses said the bill is technical and intended to modernize the system without expanding coverage or increasing taxpayer exposure. Members asked about the $300,000 property and casualty claims cap, the definition of high-net-worth individual, oversight of guaranty associations, and confidentiality concerns; supporters said the cap is longstanding, high-net-worth means over $25 million, and the department’s existing oversight and confidentiality protections are sufficient. The hearing closed after a final supportive statement from the Missouri Insurance Coalition, and the committee adjourned.
ID
Transcript Highlights:
- Now, therefore, I, Brad Little, Governor of the State of Idaho, by virtue of the authority vested in
- Governor of the State of Idaho, by virtue of the authority vested in me, do hereby appoint Ann Henderson-Haws
- Now, therefore, I, Brad Little, Governor of the State of Idaho, by virtue of the authority vested in
- Now, therefore, I, Brad Little, Governor of the State of Idaho, by virtue of the authority vested in
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 1 May 18th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- Yesterday, I don't know if anybody noticed, but I had a pretty sporty vest on a Saturday.
- He asked something about what this vest cost. I got it when I bought a corn planter.
- So actually, this vest cost me $350,000.
- That's what a corn planter can cost, and they threw in the vest, and I said thank you.
LA
Louisiana 2026 Regular Session
House of Representatives Apr 23rd, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- That would be the authority vested by the governor and by the legislative body to do that, and that would
- elected, the election has been certified, does he not have, does he have, do you believe he has a vested
- So you do not believe he has a vested interest in the office that he was elected to.
- So I think it takes someone from outside of that area that has a state-vested interest, with taxpayers
- So I think it takes someone from outside of that area that has a state vested interests with taxpayers
Bills:
HR192 , HR193 , HR194 , HCR80 , HCR81 , HCR82 , HCR83 , HCR84 , HCR85 , HR188 , HR189 , HR190 , HR191 , SB134 , SB140 , SB281 , SB331 , SB384 , SB389 , SB415 , SB451 , SB458 , SB479 , SB504 , SB523 , HR38 , HR96 , HR160 , HCR31 , HCR61 , SCR19 , HB316 , HB549 , HB578 , HB646 , HB748 , HB798 , HB824 , HB988 , HB989 , HB1001 , HB1032 , HB1081 , HB1108 , HB1129 , HB1140 , HB1157 , HB1186 , HB1192 , HB1195 , HB1198 , HB1222 , HB1244 , SB73 , SB89 , SB128 , SB149 , SB191 , SB196 , SB238 , SB318 , SB340 , HB225 , HR1 , HR17 , HCR5 , HCR4 , HCR47 , HCR32 , HB362 , HB893 , HB990 , HB1007 , HB1153 , HB1243 , HB12 , HB42 , HB205 , HB222 , HB267 , HB324 , HB325 , HB350 , HB478 , HB610 , HB617 , HB745 , HB749 , HB752 , HB797 , HB807 , HB821 , HB896 , HB979 , HB992 , HB1000 , HB1024 , HB1050 , HB1166 , HB1172 , HB1173 , HB1207 , HB1218 , HB1223 , SB162 , SB349 , SB350 , SB382 , SB383 , SB127 , SB244 , SB256 , HB911 , HB306 , HB366 , HB1161 , HB1230 , HB59 , HB481 , HB772 , HB897 , HB1003 , HB1008 , HB1112 , HB1180 , HB1189 , HB181 , HB1118 , HB901 , HR20 , HR74 , HB284 , HB393 , HB458 , HB459 , HB525 , HB577 , HB582 , HB605 , HB614 , HB682 , HB733 , HB773 , HB864 , HB996 , HB1035 , HB1058 , HB1082 , HB1113 , HB1234 , HB1240
Keywords:
ACOG, maternal health, healthcare professionals, patient-physician relationship, obstetrics, gynecology, condolences, military service, veteran, community, memorial, visual acuity, student health, de-identified data, longitudinal analysis, education policy, property rights, carbon dioxide sequestration, expropriation, Landowner Bill of Rights
OK
Oklahoma 2026 Regular Session
Veterans and Military Affairs REVISED Feb 12th, 2026 at 01:00 pm
Veterans and Military Affairs
Transcript Highlights:
- I think 10 or 12 years is More reasonable in my opinion because you want these individuals vested in
- You want these individuals vested in the Oklahoma National Guard, not just coming in just to get this
- the guard system with the funds from Oklahoma taxpayers without having to have a lot of their time vested
Committee:
Senate Veterans and Military Affairs
Keywords:
military discharge, veterans, DD Form 214, confidentiality, grandchildren access, Oklahoma National Guard, education assistance, military benefits, dependents, CareerTech Assistance Act, burial grant, memorial headstone, eligibility requirements, funding, Oklahoma Department of Veterans Affairs, fiscal management, state law, veteran burial, burial assistance, indigent veterans
MO
Transcript Highlights:
- area, and they think they need certain equipment to be able to function and be safe, like bulletproof vests
- So these attorneys have no vested interest to wrap up these negotiations.
- So these attorneys have no vested interest to wrap up these negotiations.
- So these attorneys have no vested interest to wrap up these negotiations.
- You know, they, These attorneys have no vested interest to wrap up these negotiations.
KY
Kentucky 2026 Regular Session
House Legislative Session Day 27 (2-13-26)
Kentucky House Floor Meeting
Transcript Highlights:
- And I did it in the Supreme Court's chambers because the Supreme Court then was vested with admission
- The Supreme Court then was vested with admission and discipline.
- And when this bill passes, the Supreme Court will still be vested with admission and discipline.
- House Bill 526 as amended by House Floor Amendment 3 is passed. the Supreme Court then was vested with
- the Supreme Court then was vested with admission<00:38:45.520><c> and</c><00:38:45.760><c> discipline
FL
Florida 2026 5th Special Session
Fiscal Policy Mar 2nd, 2026
Transcript Highlights:
- Some put on bulletproof vests when they go to work. Some don't.
- Some put on bulletproof vests when they go to work. Some don't.
- So we're not talking about bulletproof vests. We're talking about union dues.
- They might not wear bulletproof vests, but I guarantee you there are linemen.
- So no, everybody doesn't wear bulletproof vests. No, every teacher doesn't wear a bulletproof vest.
Summary:
The committee took up a long agenda of bills, beginning with several measures that were amended and reported favorably, including a strike-all to SB 4 on child protective investigations and specific medical diagnoses, SB 1570 restoring a statewide missing-persons project for individuals with special needs, and SB 182 creating a teacher training and mentoring program for schools needing improvement. Members also advanced SB 794 on APD background screening and support coordination standards, SB 1168 on background screening for athletic coaches and related entities, and SB 214 to let rural special districts pay verified invoices directly for state- and federally funded work. Supporters emphasized improved child welfare investigations, help for families of vulnerable individuals, teacher retention, and better administrative efficiency; the APD bill drew especially strong testimony from waiver clients and providers about the importance of competent support coordinators and stable services.
The committee also favorably reported SB 1376 on grants for genetic counseling education, SB 1574 requiring newborn screening for biliary atresia, SB 1510 as the DEP agency package with environmental, septic, water quality, solar, and permitting changes, and SB 598 updating funeral and cemetery licensing and consumer protections. SB 688, after a delete-all amendment, would create licensure for naturopathic doctors and a board of naturopathic medicine; it drew strong support from naturopathic advocates and sharp opposition from a critic who argued the bill would authorize diagnosis and treatment beyond appropriate limits. SB 1318 made a technical change to scholarship account reversion language, with senators clarifying that remaining funds would return to the scholarship funding organization for future use rather than to the state.
Later, the committee approved SB 682 on domestic violence and protective injunctions, SB 130 on workforce training for current and former inmates, and SB 1548, the latest Live Local Act iteration expanding affordable housing options and limiting local barriers. It also reported favorably SB 536 on criminal gang membership criteria after extensive debate about constitutional issues and modern gang activity, SB 762 allowing cross-jurisdiction assignment of capital cases among regional conflict counsel offices, SB 1332 strengthening career offender registration requirements, SB 1742 creating a new offense for indecent exposure of sexual organs to a minor, and SB 1750 increasing penalties for serious sex offenses and child sexual abuse material crimes. The most contentious discussion came on SB 1226, which would overhaul Public Employee Relations Commission rules, require majority support for union certification, and impose new limits on union activities and dues-related practices; members debated constitutional concerns, differences between first responders and other public employees, and the bill’s impact on union representation and public-sector labor rights. Most bills were reported favorably by roll call, with SB 536 drawing several no votes and SB 1226 still under active debate at the end of the transcript.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/24/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- Even if they were to vest, it would be deferred.
- Even if they were or may not even vest.
- Even if they were to<00:35:00.160><c> vest,</c><00:35:00.520><c> it</c><00:35:00.600><c> would</c><00
- </c><00:35:01.600><c> They</c> to vest, it would be deferred. They to vest, it would be deferred.
- Otherwise, vesting, early general plan.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/25/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- ><c> Janine</c><01:17:33.760><c> is</c> Bullet resistant vests, as Janine is Bullet resistant vests,
- </c><01:19:52.480><c> Is</c> vest and head out to do home visits?
- Is vest and head out to do home visits?
- We are giving our officers nothing but a bulletproof vest to do this job.
- The least we can do vest to do this job.
OK
Oklahoma 2026 Regular Session
Agency Performance Review and Budget Request Hearing - Office of Emergency Management Feb 16th, 2026
Transcript Highlights:
- Vest, I guess you would call it a line of questions. I've been through, I think, three emergencies.
- Vest, I guess you would call it a line of questions.
- Vest, I appreciate you coming in to visit with us. Each of you always, thank you.
Summary:
The committee heard a budget presentation from Emergency Management Director Annie Verst for the General Government appropriations budget. She described the agency’s core role as coordinating disaster response, recovery, preparedness, and mitigation, emphasizing that local governments lead initial response while the state supports recovery and resource coordination. Verst highlighted recent activity including wildfire-related declarations, $83 million in public assistance payouts, use of the new state disaster revolving fund, implementation of an Oklahoma resilient recovery strategy, and restructuring efforts that repurposed positions toward regional coordination and reduced administrative overhead.
A major focus of the presentation was uncertainty around federal funding. Verst said FEMA programs and obligations have been delayed or canceled in some cases, including hazard mitigation assistance and disaster case management, and that the agency is seeking state support to cover possible gaps. She outlined requests for a $3.7 million federal funding loss contingency, $1 million for updating the state hazard mitigation plan, $3.8 million for the state emergency fund and 12.5% public assistance obligations, and $800,000 for anticipated other needs/temporary sheltering cost share. She also explained that most of the agency’s large revolving and pass-through balances cannot be used for operating costs.
Members questioned her about Oklahoma Task Force One, including whether it is funded by OEM and whether the agency is shifting toward response rather than mitigation. Verst said Task Force One is used when local capacity is exceeded, that out-of-state deployments are reimbursed, and that the agency sees its role as coordination and recovery rather than replacing local response. She also explained the revolving fund for disaster advances, the timing of reimbursements, and the purpose of the hazard mitigation plan update. No votes or formal actions were taken, and the hearing concluded with thanks and adjournment.