Video & Transcript : 'liquidity' :

Page 63 of 72
TX

Texas 89th 2nd C.S.

State Affairs Apr 9th, 2026

State Affairs

Transcript Highlights:
  • We employ leading-edge Scott Wright: closed-loop liquid cooling and chiller systems, dramatically reducing
Committee: House State Affairs
Keywords: 1184, house, all
LA
Transcript Highlights:
  • It's not a liquid. It's not a gas.
Summary: The House Natural Resources Committee met on House Bill 7 by Speaker Pro Tem Johnson, the Louisiana Landowners Protection Act, which would remove eminent domain authority for carbon capture and geological sequestration projects. After housekeeping and roll call, the committee adopted a set of technical amendments that cleaned up definitions, removed a stray statutory reference, and changed “commissioner” to “secretary.” The author then gave an extended presentation arguing the bill was needed to align Louisiana law with the state constitution’s property-rights protections and recent court rulings, and to ensure carbon capture projects proceed only through voluntary agreements rather than forced takings. Several members questioned the author and supportive witnesses about whether the bill would stop carbon capture, affect oil and gas pipelines, or disrupt investment. The author and supporters said it would not stop projects, only prevent taking land without consent, and argued that landowners—especially small and rural owners—should not face the threat of expropriation. Supportive testimony also emphasized family land, inheritance, and constitutional limits on takings. Some members raised concerns about changing the rules after prior legislative action and about the economic importance of carbon capture, but the author responded that the legislature had made a mistake in 2020 and should correct it now. Opposition testimony came from representatives of the Louisiana Mid-Continent Oil and Gas Association, the Louisiana Chemistry Association, and attorneys who handle right-of-way matters. They argued that eminent domain is a rare last resort, that existing law and the Landowner Bill of Rights already protect owners, and that the Constitution’s provisions for private-entity expropriation are different from the provisions discussed by the bill’s supporters. They warned that removing the tool for carbon capture would chill investment, threaten jobs and revenue, and could spill over into other energy infrastructure. The committee did not reach a final vote on the bill in the portion of the meeting provided.
LA

Louisiana 2026 Regular Session

Natural Resources and Environment Mar 31st, 2026

Natural Resources & Environment

Transcript Highlights:
  • It's not a liquid. It's not a gas.
Keywords: 965, house, all
AR

Arkansas 2026 1st Special Session

JOINT BUDGET COMMITTEE Mar 5th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • So currently we had to produce our, write a plan on the liquidation of the property that's inside the
Summary: The committee heard a series of Arkansas Department of Human Services budget presentations and questions, beginning with the Secretary’s Office and then the Division of Aging, Adult and Behavioral Health Services. Staff described the divisions’ appropriations, funding sources, and major programs, including senior centers, Meals on Wheels, mental health grants, substance abuse treatment, community alcohol safety, the Medicaid tobacco settlement program, and crisis stabilization units. Members raised concerns about flat or limited funding for senior services, the use and tracing of federal block grants, the lack of a funding source for the veterans’ mental health grant, and the mechanics of the community alcohol safety and treatment programs. The committee also discussed patient benefits funds at state facilities, transportation for senior center clients, and whether some special-language appropriations or fund balances should be revisited. Executive recommendations were adopted for the divisions considered. The committee then reviewed the Division of Children and Family Services and the Division of County Operations. Questions focused on foster care growth, adoption subsidies, professional fees tied to staff training and onboarding, vacancies, the Children’s Trust Fund, and TANF subgrants. Members asked about the reduction or elimination of TANF funding to child advocacy centers and other subgrantees, and DHS explained that prior reserves had been spent down and that the department was now trying to live within the annual TANF block grant and rebuild reserves. County operations questions also covered summer EBT, SNAP employment and training, the farmers’ market program, and the expected impact of a federal SNAP administrative match change, which DHS estimated would increase state costs by about $24 million annually, with roughly $18 million affecting the current year because the change begins October 1. Executive recommendations were again adopted. Finally, the committee heard from the Division of Developmental Disability Services and the Division of Medical Services. DDS testimony covered vacancies, staffing shortages, human development center construction and repairs, the reopening of the Boonville work training program, and funding for infant infirmary and child/family life programs. Medical Services testimony covered the Medicaid program, the current FMAP rate, the Our Kids B CHIP program, Medicaid payments to schools, nursing home distress funding, and large appropriation lines used to provide flexibility for claims and potential facility closures. Members asked for more detail on school Medicaid payments, reserve balances, and why some appropriations were much larger than actual spending. In each division, the committee moved and adopted Executive REC after questions concluded.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-03-05 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • This will allow for more liquidity in the real estate market and allow for folks to be able to have more
Keywords: 998, house, all
Summary: The House convened with prayer, a moment of silence for two service members killed in the Middle East, the Pledge of Allegiance, and a quorum present. Members adopted the special order report and then began taking up the special order calendar. The first major measure was HB 7031, the annual tax package, which included a hunting, fishing, and camping sales tax holiday, a back-to-school holiday moved earlier in the summer, property tax changes for mobile home parks and other exemptions, reductions in pari-mutuel taxes and fees, extensions and expansions of several tax credit programs, vacation-rental tax collection changes, and a full decoupling from federal tax changes in the “One Big Beautiful Bill.” The bill drew questions about the fiscal impact of decoupling and the firearm-accessories holiday; supporters emphasized fiscal caution, housing and home-hardening provisions, and family tax relief, while opponents objected to the firearm-related tax break. HB 7031 passed 105-2. The House then passed CS/CS/CS HB 1177 on Space Florida and spaceport operations, which updates business development rules, board membership, and creates a strategic spaceport hub designation. CS/CS HB 639/CS SB 246 on specialty license plates also passed after a strike-all amendment that added several new plates, revised the Fraternal Order of Police plate, and tightened financial and nonprofit requirements for plate sponsors. CS HB 697 on drug prices and coverage passed after debate on pharmacy benefit manager reforms requiring equal reimbursement, prohibiting forced losses on drugs, and allowing consolidated appeals. CS/CS HB 1263 on the Office of Insurance Regulation passed with an amendment clarifying fingerprinting provisions, and CS/CS HB 527 passed with a human-review requirement for insurance claim denials so AI cannot be the sole basis for denying or reducing claims. Additional bills approved included CS HB 1449, which limits use of the statewide provider and health plan claim dispute resolution program when a claim is already in the federal process and, by amendment, narrows the bill to out-of-network emergency services and claims of $50,000 or less; CS HB 93, requiring surgical smoke evacuation systems in hospitals and surgical centers, which passed overwhelmingly after emotional bipartisan praise for the sponsor’s multi-session effort; and CS HB 1217, which prohibits governmental entities from adopting net-zero greenhouse gas policies, after Democrats argued it would preempt local climate and resilience efforts and Republicans argued it protects energy reliability and affordability. The House also passed CS/CS HB 1461 establishing a framework for licensing and regulating advanced nuclear reactors, with supporters framing it as a step toward reliable, affordable, cleaner energy. Later, CS HB 1229 on residential homes for medically or technologically dependent children was explained as creating a licensure program for medically complex children’s homes and was rolled over for final passage as the transcript ended.
KY
Transcript Highlights:
  • Um, they're creating a solid and liquid fertilizer that they are creating from Asian carp.
Keywords: 958, all
Summary: The committee met and approved the August 21, 2025 minutes. The main presentation came from Brandon Reid of the Kentucky Office of Agriculture Policy, who reported that implementation of the Kentucky Agriculture Economic Development Board created by Senate Bill 28 and House Joint Resolution 31 is ahead of schedule. He said the board has been appointed and has met several times, has adopted guidelines and an application process, and has launched its application on the KDA website. He also noted new staffing, including a project manager, and said the office is already working on projects, though some are confidential because of coordination with the Economic Development Cabinet and nondisclosure agreements. Members praised the effort and emphasized the importance of having agriculture represented in economic development work. Reid also described ongoing outreach by Commissioner Jonathan Shell, including farmer appreciation and classroom visits across the state. The committee then heard from Lexington Mayor Linda Gorton and Bluegrass Ag Tech Development Corp. executive director Jacob Ball about the Bluegrass Ag Tech Development Corp., a public-private partnership involving Lexington-Fayette, the Kentucky Department of Agriculture, the University of Kentucky, and Altech. They said the organization aims to make Kentucky a national and international hub for ag tech, and that it has already awarded challenge grants to startups. Ball explained that the program focuses on animal protein, nutrition, sustainability, mid-size farm solutions, and Kentucky traditions such as distilling and equine. He reported that two rounds of grants have totaled $925,000, with the first round’s seven companies leveraging that into nearly $7 million in follow-on investment, supporting 56.5 Kentucky jobs and creating more than a dozen new jobs. The presentation also highlighted statewide outreach, including applications and engagement from counties across Kentucky, and the goal of expanding participation in eastern Kentucky. Members expressed support for both initiatives and discussed the value of agriculture-specific expertise in economic development. Reid said the Department of Agriculture and the Economic Development Cabinet maintain regular communication and that the new board gives agriculture a seat at the table for future site and industry recruitment efforts. No additional votes or formal actions were taken beyond approval of the minutes.
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Apr 22nd, 2025

Transcript Highlights:
  • as an exit fee to leave a job, whether it's a fee for training, recruitment, equipment, or just liquidated
Summary: The committee heard several bills, beginning with AB 1521, the Judiciary Committee’s civil law omnibus measure. The bill makes a number of minor, mostly clarifying changes, including repealing obsolete Government Code provisions, allowing juvenile courts to hear petitions to establish records of birth, death, or marriage, requiring notice of probate petitions to the Department of Child Support Services, and correcting typos in existing law. It had no opposition and was moved on a do-pass basis to Appropriations, though it was later placed on call pending additional votes. Members then heard AB 57, which would reserve at least 10% of California’s Home Purchase Assistance Program funds for descendants of formerly enslaved people. The author and supporters framed it as a reparative, race-neutral-by-lineage effort to address historic housing discrimination and the racial wealth gap, while opponents argued it was an unconstitutional racial proxy and should instead be based on individual injury. The bill drew strong support and opposition testimony, was amended, and was approved on a do-pass as amended vote to Appropriations, then placed on call. AB 495, the Family Preparedness Plan Act, was heard next. The bill would expand and standardize caregiving and guardianship tools for families facing immigration-related separation, including broader use of caregiver authorization affidavits, recognition of non-relative extended family caregivers, and a new short-term guardianship process that preserves parental rights. Supporters said it would reduce trauma and help children remain with trusted caregivers; there was no opposition testimony. The committee approved it on a do-pass to Human Services vote and placed it on call. The committee also heard AB 392, which would address non-consensual sharing of sexually explicit media by requiring uploader consent certifications, faster takedown procedures, and civil remedies against uploaders and hosting sites. A survivor testified in support, and members discussed implementation details and possible amendments; the bill was moved on a do-pass as amended basis to Appropriations and placed on call. AB 692, which would prohibit employer “stay-or-pay” debt agreements that require workers to repay training or other costs if they leave or are terminated, also advanced despite opposition from business and industry groups concerned about impacts on signing bonuses and voluntary training programs. It was sent to Appropriations on a do-pass as amended vote and placed on call, along with AB 1234, a wage-claim enforcement bill aimed at reducing Labor Commissioner delays and adding consequences for employers who fail to participate in the process. The committee also heard AB 394, which expands protections for transit workers and allows transit agencies to seek restraining orders against violent riders; it received broad support, some concern about system-wide bans, and was discussed with amendments that preserved judicial discretion.
CA
Transcript Highlights:
  • I was so glad to see the asset test being eliminated because it was encouraging the liquidation of generational
Summary: The joint Assembly Budget Subcommittee hearing focused first on long-term services and supports for older adults, especially the “forgotten/overlooked middle” who earn too much for Medi-Cal but cannot afford private long-term care. Administration witnesses from DHCS, the Department of Aging, and Social Services described Medicare’s limited long-term care coverage, Medi-Cal’s role, the elimination of the Medi-Cal asset test, and ongoing state studies and listening sessions on financing options. Testimony from advocates and researchers emphasized rising homelessness among older adults, the need for better navigation and coordination across health, aging, housing, and social service systems, and short-term policy steps such as share-of-cost reform, housing stability supports, and protecting home- and community-based services. Members highlighted the need for a coordinated, no-wrong-door approach and asked for the most impactful budget investments to address affordability and homelessness risk. The second major topic was the Community-Based Adult Services (CBAS) program. CDA reported that CBAS helps participants remain in the community, that 304 centers operate statewide serving about 42,000 people, and that demand is stable but access gaps remain in some regions. DHCS explained that a 2024 rate increase authorized by SB 159 became inoperative after Proposition 35, and that a separate 10% rate change on the fee schedule was the result of a DHCS system error; the department said it would not require recoupment, though managed care plans may act under their contracts. CBAS providers and advocates warned that reimbursement rates have not kept pace with costs, that several centers have closed, and that clawbacks could trigger more closures. They requested $74.8 million ongoing General Fund to close part of the rate gap and preserve the program, while members expressed concern about closures and the cost savings of keeping people out of more expensive institutional care. The hearing then moved to In-Home Supportive Services (IHSS) and statewide collective bargaining. CDSS reviewed provider recruitment and retention efforts, including electronic timesheets, direct deposit, and the now-completed IHSS Career Pathways program, which trained more than 59,000 providers. CDSS also summarized its AB 102 workgroup report on statewide versus regional bargaining, saying the final report would be sent to the Legislature soon and that statewide bargaining appeared more viable than regional bargaining, though it would require clear statutory scope and major fiscal changes. The department estimated that each $1 per hour statewide wage increase would cost at least $1.3 billion to $1.5 billion annually. Labor advocates argued that IHSS wages, benefits, and training are too inconsistent across counties and called for statewide bargaining, consumer participation, and ongoing state funding. County representatives supported stronger wages but cautioned that counties need protection from new costs and administrative burdens, and consumer advocates warned that moving bargaining to the state could weaken local consumer control and the program’s consumer-driven structure.
MN

Minnesota 2025-2026 Regular Session

Committee on Higher Education - 03/25/25

Higher Education

Transcript Highlights:
  • firefighting was done using aqueous film-forming foam, or AFFF, an effective fire suppressant for flammable liquid
Keywords: 1187, senate, all
HI
Transcript Highlights:
  • Liquid medications could be taken orally, right?
Keywords: 910, house, all
Summary: The committee heard several education-related bills, with testimony largely in support. SB 1388 and SB 1393, both concerning the School Facilities Authority and Department of Education representation and land conveyances, received support from DOE and the School Facilities Authority, with no questions or action taken. SB 423, which would add Head Start representation to the Early Learning Board, was supported by the Early Learning Board and the Executive Office on Early Learning, which explained the bill would realign the board with federal Head Start Act requirements after the board was restructured in Act 170; EEL also requested an effective-date amendment. SB 422, allowing DOE to award diplomas to students whose education was disrupted by war, drew support from DOE, the Chamber of Commerce, the Military Council, and the Special Education Advisory Council, but also significant opposition from the Hawaii Patriot Republicans and many individuals; members asked questions about the bill, and DOE explained the measure’s purpose, but no vote was taken. The committee also took testimony on SB 532, which would expand who may administer certain medications in schools. DOE, the Department of Health, and the University of Hawaii supported the bill. Members asked detailed questions about oral, nasal, and topical medications and the process for prescription review and administration; DOE explained that parents request the medication, a school form is completed, a nurse reviews it, and either a trained school health assistant or a contracted nurse administers the medication. DOE said the measure could improve attendance and learning, especially for students with ADHD, asthma, and other chronic conditions. The committee then heard SB 659 on locally sourced food products and school meals, where DOE’s procurement office opposed the higher small-purchase threshold and DOE exemption from procurement rules, while Ulupono Initiative, Hawaii Farm Bureau, Hawaii Public Health Institute, and others supported the bill as a way to advance farm-to-school goals and the 30% local food target by 2030. Testimony and questioning focused on the proposed threshold increase, transparency, and whether an online bidding system would be preferable. Finally, the committee heard SB 1300 on subsidies for ALICE families’ school meals. DOE supported the bill but requested amendments: defining eligibility at 250% of the federal poverty level, delaying implementation until the 2026-2027 school year, and covering reduced-price lunch students in full for 2025-2026. HSTA, Hawaii Appleseed, Catholic Charities Hawaii, Pride at Work Hawaii, Hawaii Youth Services Network, and others supported the measure, emphasizing food insecurity, the burden of meal paperwork, and the educational importance of free meals. Hawaii Appleseed suggested replacing ALICE with a federal poverty level standard and removing a rulemaking requirement that could delay implementation. No votes or final committee actions were reported in the transcript.
KY
Transcript Highlights:
  • Okay, so upfront liquidity in capital to back up the bond, okay.
Keywords: 958, all
Summary: The committee met with a quorum, approved the minutes, and then reviewed a long agenda of administrative regulations, most of which were advanced with staff-suggested amendments and no objection. Early items included the Kentucky Public Pension Authority’s 105 KAR 1:451, which updates reporting language and adds the contractor wizard for certain employers, and a large package of Board of Veterinary Examiners regulations that revise fees, facility and AHP registration requirements, continuing education, liability, and practice rules. The Board of Speech-Language Pathology and Audiology’s compact-related regulation and the Board of Licensed Professional Counselors’ complaint and compact rules were also reviewed and approved with amendments, along with fish and wildlife rules affecting elk hunting, youth deer season length, bear-dog approvals, and foxhound enclosure permits. The committee also approved transportation, education, workplace standards, horse racing, and several health and human services regulations, including Medicaid waiver reimbursement updates and a child care regulation that sends certain large claims to the Office of Inspector General for review. Several agencies briefly explained their regulations when members asked questions. Fish and Wildlife said the elk population is strong and the baiting change is intended to support harvest monitoring and fair chase, while the longer youth deer season was meant to give young hunters more opportunity. The Department of Community-Based Services said the $10,000 and $5,000 claim thresholds were meant to clarify rare cases involving possible fraud or unresolved recoupment issues. The Department of Financial Institutions’ 808 KAR 5:305 drew the most discussion: it would allow certain state-chartered credit unions with a low-income designation to participate in federal programs, including limited non-member deposits and supplemental capital, but the regulation was deferred again amid continued discussions. The Kentucky Bankers Association testified against the credit union regulation, arguing that allowing non-member deposits conflicts with existing statute limiting credit union deposits to members and other credit unions, and that an administrative regulation cannot override that statutory restriction. Committee members heard the agency’s explanation that the proposal is intended to help underserved communities and that the non-member deposit authority would be limited, but no final action was taken because the item was deferred. The meeting otherwise concluded with the remaining regulations being called, discussed briefly, and approved or advanced without objection.
HI
Transcript Highlights:
  • amendments from DAGS in subsection C-1 to read: 'shall be entitled to restitution for non-performance or liquidated
Keywords: 912, senate, all
Summary: The committees considered a large number of Senate bills, with many measures advanced either unamended or with technical or substantive amendments. Early action included SB 88 and SB 11 SD1, both passed unamended, and SB 562 SD1 and SB 642 SD1, which were passed with amendments reflecting agency testimony. SB 1133 SD1 was amended to remove duplicative county requirements and clarify tax credit carry-forward eligibility, while SB 1569 SD1 on sports wagering was deferred. Later, SB 933 on nonprofit/federal funding support drew strong testimony from nonprofit and health advocates emphasizing the risk of federal funding freezes and the importance of protecting services such as early learning, domestic violence support, housing, and workforce supports; the committee recommended amendments to define eligible organizations, require reporting, and include the Judiciary. SB 934 and SB 935 were also amended, with SB 934 tying mass transit funding to Honolulu project milestones and SB 935 revising retirement-system language to change “fewer than five years” to “five or more years.” The committees then took up additional measures with targeted amendments. SB 1033 was amended to clarify that the bill applies to legal entities, not individuals, though members noted concerns about closely held family corporations and asked that the issue be reflected in the committee report. SB 1166, SB 1249, and SB 1256 were advanced with amendments or committee-report notes reflecting concerns from the Attorney General, Hawaii Cattlemen’s Council, and Hawaii Farmers Union United, respectively. SB 1432 and SB 137, both relating to electric utilities, were amended to require retention of covered employees after mergers or acquisitions and to direct the PUC to consider whether proposed transactions further state policy goals. SB 157 on antitrust was narrowed to focus on coordinator conduct in rental housing markets, SB 252 on invasive species received a defective effective date, and SB 336 on defense of state employers and employees passed unamended. SB 536 on the Hawaii Community Development Authority was deferred to a later hearing, and SB 1064 on medical cannabis was heavily amended to authorize cultivator licenses with limits on canopy size, license counts, physician fees, and a special-fund appropriation for enforcement. In the Ways and Means portion, the committee passed several bills unamended, including SB 19, SB 124, SB 264, SB 345, SB 422, and SB 741 and SB 747 later in the agenda. SB 361 was amended to remove references to the attorney general and delete an appropriation section, SB 438 was amended to redefine buffer zones and landfill-unit language, and SB 441 and SB 494 were amended to blank appropriations and, in SB 494, assign charter-school audit responsibility to the state auditor. SB 659 was substantially amended to promote local procurement, including county-level geographic preferences and higher thresholds for locally sourced purchases, and SB 732 was amended to adjust film tax credit provisions, including the streaming-platform definition and sunset-related language. SB 819 was amended to replace references to “educators” with “teachers.” Throughout, most measures were adopted without recorded opposition, though several members noted reservations on particular bills.
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Articles I, IV, & V Feb 24th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • for the biennium and a revision to Rider 13, which uncaps the agency's estimated appropriation of liquidity
TX

Texas 89th Regular

Appropriations - S/C on Articles I, IV, & V Feb 24th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • the biennium, and a revision to Rider 13, which uncaps the agency's estimated the appropriation of liquidity
Keywords: 1184, house, all
TX

Texas 89th Regular

Appropriations Feb 18th, 2025 at 08:00 am

Appropriations

Transcript Highlights:
  • for, you approved, to an Invest the ESF in prudent ways that maintains its purchasing power and liquidity
Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.
WY

Wyoming 2026 Regular Session

House Floor Session-Day 19, March 4, 2026-PM

Wyoming House Floor Meeting

Keywords: 916, all
NH

New Hampshire 2025 Regular Session

House Finance Division I (03/19/2025)

Transcript Highlights:
  • Yes, because not all hazardous waste is liquid and in many cases it's solid.
  • hazardous<01:33:18.639><c> waste</c><01:33:18.960><c> is</c><01:33:19.120><c> is</c><01:33:19.600><c> liquid
  • <01:33:20.159><c> and</c><01:33:20.239><c> in</c><01:33:20.480><c> many</c> hazardous waste is is liquid
  • and in many hazardous waste is is liquid and in many cases<01:33:20.880><c> it's</c><01:33:21.199><c
Keywords: 928, house, all
Summary: The committee reviewed a handout comparing House Bill 2 to current retirement law and walked through the bill section by section with staff from the retirement system. The discussion focused on vesting, earnable compensation, average final compensation, compensation-over-base limits, special duty pay, normal retirement age, re-retirement, and maximum benefit rules for Group 2/Tier B members. Staff explained that some provisions would restore pre-2011 rules, including counting certain end-of-career payments such as unused sick and vacation time in earnable compensation and reducing the AFC averaging period from five years back to three. They also described how the bill would eliminate the current cap on compensation over base, which mainly affects overtime, and noted that the actuarial cost of the AFC-related changes is interrelated rather than easily broken out by feature. A separate discussion covered the special duty pay limitation, which currently applies to Tier A and would be removed under the governor’s bill for both Tier A and Tier B members after their vested buy date. Staff said the actuary estimated that removing the special duty limitation would increase costs by about $13.9 million. Members also asked about the practical difference between overtime and special duty, with staff explaining that special duty generally involves work for a private third party, often police detail work, while overtime depends more on staffing and scheduling. The committee also reviewed the normal retirement age changes for Tier B and the possibility that some members would need to work longer to reach the new vested buy date. Members raised concerns about an ambiguity in the bill that could allow already-retired Tier B members to return to work, then re-retire and claim the higher benefits, or allow vested deferred members to stop working and wait for the new vested buy date. Staff said the governor’s office did not intend to allow that result and requested clarifying language, noting that the bill as drafted does not expressly prohibit it. The committee also discussed part-time and seasonal work after retirement, with staff explaining that such work generally does not restore membership unless the person takes a full-time position requiring enrollment. Finally, the committee reviewed the maximum benefit provisions and noted that HB 2 in the current year does not change the maximum benefit date or include the 1.5% annual escalator that had been part of the 2023 proposal, making the current bill more costly than the earlier version.
NH

New Hampshire 2025 Regular Session

House Science, Technology and Energy (02/04/2025)

Science, Technology and Energy

Transcript Highlights:
  • A lot of energy improvements do not really add physical value that you can liquidate.
  • /c><05:43:38.878><c> that</c><05:43:39.000><c> you</c><05:43:39.120><c> can</c><05:43:39.360><c> liquidate
  • </c> kind of value that you can liquidate kind of value that you can liquidate right<05:43:40.520><c>
Keywords: 1189, house, all