Video & Transcript Research : 'retirement offset'
Page 59 of 419
FL
Florida 2025 Regular Session
Appropriations Committee on Transportation, Tourism, and Economic Development Feb 5th, 2025
Transcript Highlights:
- COUNTIES TO EXPERIENCE COSTS WE KNOW ARE INTELLIGIBLE BECAUSE IT PUTS THE BURDEN ON THE STATE TO OFFSET
- IT'S THE 2024 WHERE YOU HAVE BACK TO BACK, IF WE DON'T HAVE THE OFFSET FROM THAT FEDERAL REIMBURSEMENT
- THE STATE CAN'T OFFSET THAT IF IT'S ALREADY BEEN PASSED THROUGH.
- THERE ARE COSTS THAT CAN BE OFFSET IN ADDITION TO WHAT YOUR INSURANCE MAY OR MAY NOT COVER.
- WITH EMPLOYMENT OFFSET.
HI
Hawaii 2025 Regular Session
CPN-EIG, CPN-HHS, CPN DEFER Public Hearings 02-11-2025
Commerce and Consumer Protection
Transcript Highlights:
- <00:19:05.880>
the credit rating will more than offset the credit rating will more than offset - the financing charge, and it would more than offset it at that point, so they would see it as a credit
- the financing charge, and it would more than offset it at that point, so they would see it as a credit
- the financing charge, and it would more than offset it at that point, so they would see it as a credit
- We have provided written testimony, but just to highlight a few key areas: with the pending retirement
Summary:
The joint Senate hearing focused primarily on SB 1201, a wildfire measure that would create a wildfire recovery fund and allow securitization for electric utilities. Hawaiian Electric strongly supported the bill, saying it would help protect customers, property owners, insurers, and the broader economy from future catastrophic wildfire liability while improving the utility’s credit profile and lowering financing costs. Support also came from DCCA Consumer Advocacy, the Attorney General’s office on written comments, Ulupono Initiative, Clearway Energy Group, IBEW Local 1260, Par Hawaii, KIUC, the Chamber of Commerce Hawaiʻi, Plus Power, and numerous organizations and individuals. Opponents or commenters raised concerns about the liability cap, victim compensation process, and fund structure, including the Hawaiʻi Association for Justice, the Hawaiʻi Regional Council of Carpenters, and the Hawaiʻi Insurance Council; Henry Curtis of Life of the Land supported the concept of a fund but questioned the catastrophe threshold and whether the fund would be empty without a prudency finding.
Much of the discussion centered on whether the proposed fund would actually help restore Hawaiian Electric to investment grade, with senators comparing the proposal to California’s wildfire fund. Hawaiian Electric said the bill was only one part of a broader process, alongside physical risk reduction and settlement finalization, and argued that without the bill the utility would not regain investment grade. Senators also questioned the proposed $1 billion fund size, the fairness of ratepayer contributions versus shareholder contributions, and whether customers should pay for consulting and administrative costs; Hawaiian Electric said its proposed amendment would remove those consulting-related charges. The company also said the fund would accrue interest and, if unused, could be returned to customers, and that there would be replenishment and supplemental contribution mechanisms if the fund were exhausted.
The Attorney General’s office said it still had further amendments to discuss, and the departments had not yet resolved where the fund should reside administratively, though Hawaiian Electric said it believed DCCA was the appropriate place but was open to alternatives. KIUC requested two amendments. No vote or final committee action was taken during the hearing, and the measure remained under discussion with questions and proposed amendments still outstanding.
HI
Hawaii 2025 Regular Session
EEP Public Hearing - Thu Feb 13, 2025 @ 10:15 AM HST
Energy & Environmental Protection
Transcript Highlights:
- We did publish the carbon offsetting report in 2019, so we do caution carbon offsetting programs within
- We did publish the carbon offsetting report in 2019, so we do caution carbon offsetting programs within
- Please come forward. administration of carbon offsetting in administration of carbon offsetting in for
- Take the funds and use them to purchase carbon offsets elsewhere?
- We don't really want to support carbon offsetting for, you know, entities outside of the State of Hawaiʻi
Summary:
The Energy and Environmental Protection Committee met on February 13, 2025, after a brief recess for a concurrent hearing. The committee heard testimony on several measures, including HB 332 on recycling and lithium-ion batteries, HB 256 on environmental protection and federal air standards, HB 348 on single-use plastics in lodging establishments, HB 810 on noise pollution and helicopter-related civil actions, HB 505 on Red Hill coordination, HB 975 on carbon sequestration incentives, and HB 974 on utility financing and step-in agreements. Testimony was generally supportive on HB 256, HB 348, HB 505, HB 975, and HB 974, while HB 332 drew both support and opposition, including concerns from the Consumer Technology Association about battery recycling policy. On HB 975, OPSD supported the program but urged language to prevent use for carbon offsets, and the committee discussed how the program would be monitored and reimbursed. On HB 974, the chair summarized extensive amendments addressing reserve fees, revenue definitions, trust funds, default procedures, and customer credits, while noting the Consumer Advocate’s changed view that a reserve fee may not be constitutionally required.
In decision making, the committee adopted amendments and recommended passage for HB 332, converting it into a working group to study recycling of small- and medium-format lithium-ion batteries, with members from state agencies and industry and a note that an appropriation may be needed. HB 256 was passed with amendments to clarify compliance with federal law unless standards become more stringent. HB 348, HB 810, and HB 505 were each passed as is. HB 975 was passed with amendments, including language to prevent use of the program for carbon offsets and a note that dollar amounts would be blanked out and addressed in the committee report. HB 974 was also passed with amendments after the committee reviewed the proposed changes and discussed the reserve fee issue. The committee additionally noted that HB 1476 had previously been deferred and would remain deferred, and the meeting concluded with adjournment.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Safety and Homeland Security Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Safety and Homeland Security
Transcript Highlights:
- our overall budget each year, where our region is experiencing only modest new growth to help ...offset
- They had retired to Florida in 2004, and in 2015 they moved back to Massachusetts.
- They had retired to Florida in 2004, and in 2015, they moved back to Massachusetts to be close to the
Summary:
The Joint Committee on Public Safety and Homeland Security heard testimony on several bills, with strong support expressed for a proposed municipal and public safety building authority (H. 2571/S. 1650). Municipal officials, fire chiefs, the Massachusetts Municipal Association, regional planning leaders, and Senator Comerford described aging town halls, fire stations, DPW facilities, and other local buildings, especially in small towns and gateway cities, and argued that local budgets and Proposition 2 1/2 make major capital projects difficult to fund. Testimony emphasized the need for a dedicated revenue stream, with the bill proposing a share of marijuana excise tax revenue and a rural funding set-aside. Committee members asked about prioritization and funding levels, and witnesses said even a modest start would help address a large statewide backlog. No votes were taken during the hearing, and the committee later adjourned unanimously.
The committee also heard testimony on H. 2689, requiring fuel gas alarms/detectors in residential dwellings using explosive gases. Representative Jeff Roy, Susan Brown, Jason Cohn, and representatives from NEMA and Kidde supported the bill, describing it as a life-saving measure similar to carbon monoxide detector requirements. Witnesses cited the 2015 Franklin propane explosion that killed Nancy and Robert Brown, the Merrimack Valley gas explosions, and national fire data showing fatalities and property damage from gas leaks. They said detectors are affordable, commercially available, and should be required where gas is used; one witness noted battery-backed or battery-operated options exist. Committee questions focused on cost, battery power, outdoor propane setups, and whether the bill would cover private databases or only residential safety devices.
Another major topic was S. 1755 on missing and abducted children. Senator Pavel Payano testified in favor, citing the case of Lee Manuel Villoria Paolino and arguing that misclassification of missing children as runaways can delay urgent response and worsen outcomes, especially for Black and brown youth. He said the bill would set minimum law enforcement response standards, require training, and expand multilingual intake forms. The committee also heard support for expanding the state DNA database through familial DNA searching, with Dr. Amory Myers explaining that the technology could help solve long-unsolved cases while including guardrails to prevent use of private consumer DNA databases. Finally, the committee heard extensive testimony on H. 2740, “Colby’s Law,” establishing safety standards for BMX and motocross tracks. Colby Lippincott’s family, community members, and industry representatives described his fatal crash and urged requirements for medical staff, insurance, inspections, warning systems, barriers, and access roads. Witnesses said the bill would not end the sport but would create basic protections, and the committee heard that Massachusetts would join a number of other states with similar standards. The hearing ended with a motion to adjourn, which passed unanimously.
NM
New Mexico 2026 Regular Session
IC - Legislative Education Study May 1st, 2026
Transcript Highlights:
- So I have two retiring.
- I'm retiring.
- I don't know if the money was in the SEG, just the enrollment decline kind of offset that at least for
ND
North Dakota 2026 1st Special Session
Government Finance Committee Mar 19th, 2026 at 01:00 pm
Government Finance Committee
Transcript Highlights:
- And although I had one couple, a retired couple, and it just wasn't resonating with them, I finally just
- And although I had one couple, a retired couple, and it just wasn't resonating with them, I finally just
- They anticipate some of that decrease in revenue may be offset by increases in overall income coming
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Education Subcommittee REVISED: Agency presentation times revised Jan 20th, 2026 at 09:00 am
A&B Education Subcommittee
Transcript Highlights:
- shortage for physicians as it is, and as data is showing that you've got all the baby boomers that are retiring
- Don't Don't let my gray hair deceive you, but someday I am going to retire.
- OEQA currently provides scholarships to offset the cost. of the Foundations of Reading assessment.
CA
Transcript Highlights:
- It maintains funding for health, retirement, and training benefit trusts, and specifies that the MOU
- contracted to serve at any federal installation, as well as firefighters in Humboldt County related to retirement
- has already been passed for other bargaining units, with the 3% salary increase upon ratification offset
TX
Transcript Highlights:
- Schools, and the teacher retirement system. I'll yield, and thank you again. Thank you.
- So I think we don't want to offset the efficiency gains by making it an impersonal system.
- I retired eight years ago as chief scientist and vice president of R&D.
Bills:
HB111
FL
Florida 2025 Regular Session
April 1, 2025 - 12:30 PM
Transcript Highlights:
- of serving under Governor Bush before this august body and the Florida Senate, and then recently retired
- I'm a retired marine biologist with FWC, and I've traveled to every county, every coastal county.
- storage has never been conducted, despite interest from the private market and other states and ways to offset
Summary:
The Natural Resources and Disaster Subcommittee took up eight bills focused on water policy, coastal resilience, environmental regulation, beaches, wildlife funding, and carbon sequestration. HB 7001 preserved the public-record exemption for site-specific location information on endangered and threatened species before its scheduled repeal, and it was reported favorably 16-0. H.R. 661, expressing support for a “one-water” approach to the state water supply, drew discussion about whether it implied centralized control; an amendment aligning the resolution with Senate language was adopted, and the resolution passed 16-0 with a committee substitute.
The committee also advanced HB 1345 on infrastructure and resiliency, which after a strike-all amendment authorized DEP to procure coastal resiliency projects through public-private partnerships and use incentives such as revenue-sharing, expedited permitting, public engagement, and workforce training; it passed 16-0. HB 477 on weather modification was substantially amended to return to current statute and add a $10,000 fine for failing to obtain a permit; the bill drew extensive public testimony both for and against weather modification and cloud seeding, and it passed as amended with a committee substitute. HB 6043, repealing the 2018 customary-use beach statute affecting Walton County, prompted testimony about beach access, tourism losses, and private property rights; it passed 17-0.
The committee then approved CS for HB 843, making clarifying changes to Fish and Wildlife Conservation Commission trust funds and allowing use of the non-game wildlife trust fund for law enforcement and coordination with related agencies and landowners; it passed 17-0. HB 1169 revised water management district planning, budgeting, reporting, and procurement practices, including restrictions on lobbyist funds and updated project preference rules; two amendments were adopted and the bill passed 16-0. Finally, HB 1063 created a task force to study carbon sequestration and related ecosystem services in Florida’s natural and agricultural lands and waters; after amendments removing a fiscal component and clarifying voluntary participation and property-rights protections, it passed 15-2. The meeting adjourned after all bills were reported favorably.
FL
Florida 2025 Regular Session
Regulated Industries Apr 1st, 2025
CA
California 2025-2026 Regular Session
Assembly Emergency Management Committee Jun 15th, 2026
Transcript Highlights:
- I'm also a retired assistant deputy director with the State Fire Marshal's office.
- The administrative workload for the State Fire Marshal may also be offset to some extent by fee revenue
Summary:
The Committee on Emergency Management heard several bills related to public safety, wildfire preparedness, and fireworks regulation. SB 1299, by Senator Arreguín, would place in statute a certification and training framework for fire sprinkler fitters and apprentices after a court decision disrupted prior State Fire Marshal regulations. Supporters said the bill would protect life safety by ensuring qualified installation and maintenance of fire suppression systems, while opponents raised concerns about added costs, housing affordability, and labor-related effects. The committee passed the bill as amended to the Committee on Labor and Employment on a roll call vote, with DeMaio and Hadwick voting no.
SB 1153, by Senator Caballero, would require urban retail water suppliers to incorporate wildfire-specific procedures into emergency plans and clarify that water systems are not designed to serve as wildfire defense systems. Supporters from water agencies and fire organizations said the bill would improve coordination, planning, and ratepayer protection while acknowledging infrastructure limits. Members discussed transparency, backup generators, and whether the bill should require more public disclosure; the author said he would continue working on possible amendments. The committee passed the bill as amended to the Committee on Environmental Safety and Toxic Materials.
SB 828, by Senator Cabaldon, responds to the Esparto fireworks warehouse explosion by requiring fireworks licensees to disclose storage locations, verify local permits, and meet other compliance conditions. The author said the bill was developed with the State Fire Marshal and local public safety partners to close information gaps and improve enforcement. An opposition witness argued the permit-verification requirements could not be met in all jurisdictions, especially for hobby rocketry and small-scale uses, prompting discussion about clarifying different rocket categories and administrative implementation. The committee passed SB 828 as amended to the Committee on Local Government, and the meeting then adjourned after all bills were reported out.
CA
California 2025-2026 Regular Session
Assembly Committee on Economic Development, Growth, and Household Impact Jul 11th, 2025
Economic Development, Growth, and Household Impact
MN
Minnesota 2025-2026 Regular Session
House Floor Session: 2025 First Special Session - part 2 Jun 9th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- because this would have been a really great place where The counties could have turned to have those offsets
- We have current and retired teachers of Bennett [member_10372], Clardy [member_22600], Mueller [member
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Primary & Secondary Education & Workforce Development (1-13-26)
Transcript Highlights:
- I'm Colonel, retired Tim McDonald. I am the Kentucky Director of Army Instruction.
- <00:30:07.440>
I'm <00:30:07.679>Colonel, <00:30:08.000>retired >> And - I'm Colonel, retired >> And good morning. I'm Colonel, retired Tim<00:30:08.640>
McDonald. - <00:32:52.000>
We <00:32:52.240>allow Retirement pay grade. - west and east, and assigned two retired west and east, and assigned two retired colonels<00:35:08.880
Summary:
The committee heard an Office of Education Technology presentation on the Kentucky Education Technology System (KTS) and a request to increase its annual budget from $15.4 million to $30 million, including an additional $14.6 million. The witness described KTS as a statewide service model that provides districts with student information and financial systems, internet bandwidth, regional support, cybersecurity, online registration, learning management and email services, and collaborative instructional technology support. He argued the state’s centralized purchasing saves districts 40% to 60% compared with buying services individually, and said federal internet discounts and district matching funds create a strong return on investment. He also said KTS has faced long-term funding cuts, has not received a cost-of-living increase since 1992, and is now at a “breaking point” where some services may have to be shifted to districts at higher cost.
The request was broken into six main items: restoring funding for the computer science and information technology academy; strengthening cybersecurity defenses in response to sharply rising attacks on K-12 systems; funding online registration through Infinite Campus; stabilizing ongoing support costs for Infinite Campus; providing cost-of-living increases for KTS services; and increasing the KTS financial assistance sent to districts, which requires local matching funds. Members asked about the current appropriation, and the witness said it is $15.4 million. One member praised the office’s work and support for districts, while another noted the district had been an early adopter of one-to-one technology.
The committee then received an overview of the KRS 156 salary schedule and step-and-rank system for state-operated career and technical education staff at area technology centers. Officials explained that salaries are set under statute and regulation based on years of service and educational rank, with annual calculations tied to statewide teacher salary averages and retroactive adjustments to July 1. They said the current ABR request is $325,000 over the biennium to cover step and rank increases. The presentation noted that KRS 156 salaries are generally comparable to local districts but are less competitive with business and industry, making recruitment and retention difficult, especially for instructors coming from the trades. Members agreed that trade instructors are underpaid relative to the market and said the issue deserves further review, with department officials indicating they are considering possible statutory revisions and a delayed implementation in a future biennium.
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 Apr 28th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- It says nothing about who pays for the offset. It doesn't have the information that is necessary.
- The offsets don't make sense, as Representative Olson already pointed out.
- But the reality is that there are still important questions on implementing these offsets.
- The mitigation offsets, according to MnDOT, increase project costs between 5 to 30 percent.
- About doing other things is allowing for offsets.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (01/29/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- our revenues because while the license application and renewal fees would increase, that would be offset
- our revenues because while the license application and renewal fees would increase, that would be offset
- I do have seven children, and I myself am a retired police officer.
- So I would say retired police officer.
- It was a major headache to winterize and dewinterize. >> And we're just lucky we're retired.
TX
Transcript Highlights:
- I'm about to retire, so this may be one of the last times I testify as an acting professor.
- limited funds further, and for the state, early payments could be invested and used strategically, offsetting
- states, the interstate compact which would provide to the sons and daughters of uniformed active and retired
- the period of time during which dependent students may access the educational benefits from the retirement
Bills:
HB178, HB178, HB1551, HB1939, HB2040, HB2354, HB2674, HB3029, HB3460, HB3631, HB3662, HB5201, HB5381
Keywords:
efficiency audit, political subdivision, tax rate, fiscal management, government accountability, Texas education, public schools, curriculum, social studies, high school graduation requirements, State Board of Education, Education Code, ethnic studies, world history, world geography, U.S. history, government, economics, personal financial literacy, free enterprise
TX
Transcript Highlights:
- That will offset the rising cost of health insurance for our teachers and cap those increases at 10%
- point loud and clear as we want to make TRS... ...more solvent, and we want to make sure that our retired
- I'm a recently retired military member, a husband to a dedicated teacher, and a proud father of public
- I'm a retired professional engineer and builder, designer, and builder of buildings to help with the.
Keywords:
teacher compensation, education funding, public school educators, teacher retention, teacher designation, SB 26, Texas Property Code, colonia, colonias, Spanish translation, bilingual contract, real estate contract, executory contract, residential property, border county, international border, economically distressed area, consumer protection, language access, translator certified in Spanish
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Committee Jun 17th, 2026
Budget and Fiscal Review
Transcript Highlights:
- Up to $5 million of liability can be offset at 100%.
- What considerations are being taken to offset that increase?
- So in terms of offsetting the increase, So in terms of offsetting the increase, under federal law, the
- So there cannot be a sort of direct offset of that rate.
- So, as my colleague mentioned, we can't directly offset per federal law.