Transcript Highlights:

• Bearer relating to the assessment of the use of the surplus government property to provide houses to

Keywords: 1184, house, all

Transcript Highlights:

• THE TRANSFER MECHANISM AS YOU MENTIONED IS A WAY TO HAVE AN AUTOMATIC TRANSFER OF SOME SURPLUS FUNDING
• DEPENDING ON WHAT IS OCCURRING IN A BIENNIUM THERE CAN BE SOME SURPLUS MONEY THAT WOULD GO INTO THIS
• maximum amount that's going to be transferred to this account, because $50 million is emptied and the surplus
• , the next surplus forecast comes around.

Keywords: 1187, senate, all

Transcript Highlights:

• They have about three and a half million in surplus.
• They have about three and a half million<02:42:52.880> in<02:42:53.200> surplus.
• > If<02:42:54.640> this<02:42:54.880> bill<02:42:55.200> goes million in surplus
• If this bill goes million in surplus.

Keywords: 981, all

Summary: The Senate convened with a quorum, approved the journal, and received a series of engrossing/revising/enrolling notices and committee reports. Committee reports advanced several measures, including House Bills 1139 and 1263 from Business, Labor, and Technology; House Bills 1206, 1111, and 1014 from Finance; and later Appropriations reports on House Bills 1423, 1419, 1276, 1256, 1015, and Senate Bills 189, 188, 187, 180, and 125. The chamber also granted a brief recess for guests and later granted leave for the Joint Budget Committee to meet while the Senate was in session. A major portion of the meeting was devoted to tributes and personal privilege remarks. Senators recognized the University of Denver men’s hockey team for winning the 2026 NCAA championship and adopted a joint Senate-House tribute honoring the team’s 11th national title. Senator Kolker also marked Tardive Dyskinesia Awareness Day/Week, describing the condition, the need for screening and treatment, and honoring a guest advocate living with TD. The Senate then moved through third-reading consent and final-passage votes on multiple bills. Measures passed included SB 181, HB 1338, HB 1344, HB 1336, HB 1227, HB 1314, HB 1282, HB 1317, HB 1078, SB 167, HB 1069, HB 1132, HB 1347, HB 1210, HB 1196, HB 1224, and HB 1028; HB 1028 was first removed from the consent calendar, amended with a conforming amendment, and then passed. Several bills drew notable opposition, including HB 1132 and HB 1210, while HB 1069 passed unanimously. The Senate also laid over the general order second-reading calendar to Friday, May 8, 2026, and took up special-order second-reading bills in committee of the whole, adopting the special-order consent calendar and reporting those bills back favorably for further consideration.

Transcript Highlights:

• And also, if you're not including the inflation, leaves about $1.8 billion of surplus into 2028-2029.
• inflation, leaves about $1.8 billion the inflation, leaves about $1.8 billion of<00:59:22.160> surplus
• of surplus of surplus uh<00:59:23.680> into<00:59:24.120> 2028-2029.

Keywords: 1187, senate, all

Transcript Highlights:

• We had a golden opportunity in 2023 with some $18 to $20 billion surplus, and we blew it.
• opportunity in 2023 with some 18 to 20 opportunity in 2023 with some 18 to 20 billion billion billion surplus
• <00:07:26.000> And<00:07:26.240> now<00:07:26.479> we're surplus and we blew
• And now we're surplus and we blew it.

Keywords: 1183, house

Transcript Highlights:

• discussion today specifically because in this legislature the fact that we went from an 18 billion surplus
• went<00:57:49.799> from<00:57:50.799> 18<00:57:51.119> billion<00:57:51.520> surplus
• /c><00:57:52.240> down<00:57:52.480> to<00:57:52.799> a went from 18 billion surplus
• down to a went from 18 billion surplus down to a six<00:57:54.040> billion<00:57:55.400> deficit

Keywords: 1187, senate, all

Transcript Highlights:

• I mean, there was the $18 billion surplus in our last budget.
• I mean, there was the $18 billion<01:32:03.199> surplus<01:32:03.679> in<01:32:04.000><
• <01:32:05.040> Now, billion surplus in our last budget.
• Now, billion surplus in our last budget.

Keywords: 1187, senate, all

Transcript Highlights:

• Ah, so the Support Services surplus distribution section should only have a capital reserve of three
• Well, this is the surplus distribution section. I think this is White's Farm.
• Some of that is local municipalities use White's Farm for surplus equipment as well.
• allow the accumulation of a working capital reserve equal to the cost of six months' operation of the surplus

Keywords: 928, house, all

Summary: The committee reviewed selected House Bill 2 provisions, focusing first on the group two pension reform language and whether it matched prior legislation and the fiscal note. Members discussed two main issues: the treatment of extra and special duty pay in the pension calculation for employees hired before 2011, and the annuity multiplier after 15 years of creditable service. Several members said the HB 2 language was intended to restore prior law and protect against pension “spiking,” while others worried the draft and fiscal note may not have fully reflected current law, potentially affecting the cost estimate. The discussion repeatedly emphasized the need to avoid underfunding or double counting and to make sure Finance had the correct actuarial assumptions. No vote was taken; the committee agreed to flag the issues for Finance and to clarify the fiscal note. Members also discussed the vested-rights language, which was described as an explicit definition of vesting and a restriction on future legislative changes to compensation calculations after three years of service. Some viewed it as a policy protection with no immediate fiscal impact, while others noted it had been included in prior legislation and should be clearly understood before the bill moved forward. The committee also briefly referenced prior pension legislation, including House Bill 436 and House Bill 727, and noted that HB 2 was being used to carry forward related pension repair provisions. The committee then turned to an OPLC-related section transferring building, plumbing, electrical, and fuel gas inspector positions from OPLC to the Department of Safety’s Fire Marshal’s office. Testimony explained that the nine inspector positions are funded from the licensing fund, and that the move was justified as a public-safety function better aligned with the Fire Marshal’s mission because the inspections are statewide code-enforcement work rather than facility-specific licensing work. The discussion ended with a note that the remaining HB 2 changes run through 2034 and a brief announcement about memorial arrangements for C.J. Gerard.

Transcript Highlights:

• We didn't have a real great surplus at the time to work with, but we were able to get some pieces there
• this done we didn't have a a real we got this done we didn't have a a real great<00:46:56.280> Surplus
• 57.119> time<00:46:57.240> to<00:46:57.359> work<00:46:57.640> with great Surplus
• at the time to work with great Surplus at the time to work with but<00:46:58.319> uh<00:46:58.440

Bills: HF1419, HF500

Keywords: nursing facilities, reimbursement rates, elderly care, minimum wage, healthcare funding, nursing home, employment standards, worker rights, Minnesota Statutes, labor compensation, 1183, house

Transcript Highlights:

• I can—I think it's right to say that this previous, in fiscal '23, was noticed that there was a surplus
• that<00:37:38.760> there<00:37:38.960> was<00:37:39.240> a<00:37:39.359> surplus
• <00:37:39.839> in<00:37:40.000> that noticed that there was a surplus in that noticed
• that there was a surplus in that account<00:37:41.240> and<00:37:41.680> to<00:37:41.920

Keywords: 1187, senate, all

Transcript Highlights:

• Representative Bamberg is an act to amend Title 22 relative to captive insurers to provide for capital and surplus
• The question I have is that we've had surplus lines companies here before that invested in camps for

Bills: SCR63, SCR12, HB89, HB451, HB595, HB617, HB621, HB730, HB1064, HB1125, HB221, HCR58, SB106, SB206, SB248, SB441, SB104, SB122, SB180, SB260, SB424, SB476, SCR9, SCR30, SB57, SB414, SB525, SB35, SB65, SB135, SB215, SB246, SB249, SB269, SB276, SB282, SB296, SB323, SB363, SB369, SB474, SB484, SB490, SB492, SB500, SB501, SB513, HCR31, HB462, HB547, HB613, HB691, HB712, HB720, HB723, HB728, HB735, HB747, HB759, HB825, HB845, HB846, HB903, HB904, HB907, HB923, HB929, HB941, HB962, HB965, HB1036, HB287, HB370, HB515, HB521, HB570, HB1200, HB29, HB39, HB58, HB67, HB73, HB76, HB77, HB82, HB112, HB121, HB125, HB132, HB134, HB151, HB154, HB155, HB161, HB166, HB187, HB191, HB207, HB211, HB224, HB238, HB241, HB242, HB250, HB260, HB265, HB275, HB300, HB320, HB338, HB339, HB349, HB379, HB399, HB427, HB463, HB464, HB468, HB545, HB550, HB551, HB565, HB588, HB639, HB725, HB782, HB805, HB808, HB834, HB847, HB853, HB858, HB861, HB883, HB916, HB937, HB977, HB1012, HB1027, HB1044, HB1054, HB1091, HB1117, HB90, HB127, HB138, HB150, HB201, HB268, HB273, HB285, HB315, HB354, HB355, HB360, HB376, HB445, HB506, HB606, HB649, HB665, HB681, HB721, HB746, HB757, HB781, HB835, HB844, HB857, HB872, HB886, HB889, HB892, HB982, HB987, HB1037, HB1068, HB1072, HB1078, HB1085, HB1132, HB1137, HB1167, HB1174, HB1232, HB1238, HB23, HB136, HB17, HB21, HB51, HB55, HB74, HB106, HB108, HB133, HB140, HB159, HB168, HB215, HB226, HB263, HB296, HB299, HB322, HB364, HB519, HB535, HB538, HB568, HB571, HB622, HB635, HB676, HB772, HB784, HB1006, HB1018, HB1033, HB1034, HB1043, HB1070, HB1134, HB1237, HB1239, HB36, HB119, HB126, HB129, HB245, HB271, HB280, HB337, HB351, HB677, HB726, HB789, HB850, HB956, HB966, SB149, SB382

Keywords: fiscal notes, legislation, legislative auditor, state policy, conflict of interest, logging, recognition, John Keith, environment, safety, HB89, Act 615, district attorney, assistant district attorney, retiree health insurance, group health insurance, retirement benefits, public employee benefits, Third Judicial District, Thirtieth Judicial District

Transcript Highlights:

• positive balance in the 2028-29 biennium, but that's assuming that every one of the $3.7 billion of surplus
• positive balance in the 2028-29 biennium, but that's assuming that every one of the $3.7 billion of surplus

Keywords: 1183, house

Summary: The committee took up House File 4906, adopted the H4906A1 amendment, and heard a staff explanation that the bill would create a one-time property tax refund in calendar year 2026 for residential homesteads and the house/garage/1-acre portion of agricultural homesteads. As amended, the bill would appropriate $4 billion in fiscal year 2027, distribute payments based on 2026 property tax due, include a clawback for delinquent taxpayers, and coordinate with existing property tax refund programs so recipients would not receive more than they paid in taxes. House Research also discussed a disagreement with the Department of Revenue over whether the refund would be taxable federally, with House Research suggesting it would likely be treated as a non-taxable recovery of prior taxes. Public testimony was largely opposed. Eric Bernstein of We Make Minnesota argued the proposal was too large, would create a deficit and force future service cuts, and would disproportionately benefit higher-income homeowners. Nan Madden of the Minnesota Budget Project said the bill would create a major budget hole, threaten funding for health care, food support, schools, and other services, and exclude renters and lower-income Minnesotans. Members echoed those concerns, citing impacts on public safety, rural EMS, hospitals, education funding, and equity, while noting that renters and many seniors would receive nothing. Representative Howard questioned whether the bill was a cautious use of state resources, and Representative Norris said it missed the mark for struggling renters. Chair Davids defended the concept as a way to put money back in people’s pockets and said the proposal was scalable and intended to start a discussion. Representative Wiener strongly supported the bill, saying many homeowners and farmers in his district are not wealthy and need relief from property taxes; he said the bill should be even bigger. No vote on final passage was taken in the portion of the meeting provided, and the committee moved on after testimony and member discussion.

Transcript Highlights:

• or sometimes a measure has served three primary purposes: to provide tax relief in times of budget surplus
• or sometimes a measure has served three primary purposes to provide tax relief in times of budget surplus

Summary: The committee’s final day focused first on a historical overview of New Mexico tax packages by Pam Stokes of Legislative Council Services. She described how tax packages have alternated over the decades between tax relief, revenue raising, and tax reform, with examples ranging from the creation of the gross receipts tax in 1966 to major packages in 1981, 1986, 1991, 1994, 2005, 2019, 2022, 2024, and the vetoed 2025 package. Members discussed how tax policy often tracks revenue conditions, how packages can combine increases and decreases, and how local government gross receipts taxes and hold-harmless distributions have affected communities differently. Several members reflected on past packages, especially the 2004 food tax repeal and the 2013 film tax and manufacturing changes, and noted that tax policy can have major economic and political effects even when it is not “sexy” legislation. The committee then heard a proposal to expand the health care practitioner gross receipts tax deduction to include co-insurance, and to extend the sunset date. Sponsor Senator Figueroa said the bill was intended to help recruit and retain medical providers and build on prior deductions for co-pays and deductibles. Testimony explained that co-insurance is the patient’s share after the deductible, that providers currently absorb the gross receipts tax on those payments, and that the proposal would cost about $30 million to the state plus about $20 million to municipalities and counties, with the exact fiscal impact likely to be updated. Members raised concerns about the effect on local governments, whether insurers could be required to reimburse providers, whether the bill would actually attract doctors, and whether better evaluation measures and sunsets should be added. The sponsor said the bill was part of a broader set of efforts to address provider shortages and that the discussion would continue. Representative McQueen then presented a bill to update the Land Conservation Incentives Act. He and conservation partners said the program has protected more than 500,000 acres but has not kept pace with rising land values, especially for irrigated agricultural land in the Middle Rio Grande. The proposal would increase the percentage of conservation value eligible for the credit, raise the per-transaction cap from $250,000 to $2 million, and make the credit refundable rather than only transferable. Testimony emphasized that the program is voluntary, keeps land in private ownership and production, and helps land-rich, cash-poor landowners preserve farmland and water rights. Members asked about average credit amounts, how easements work, whether landowners could effectively buy land and then use the credit, and whether there should be inflation indexing or a statewide cap. The discussion also touched on water rights, fencing, and the role of conservation easements in protecting agricultural land and compact water deliveries. Finally, Senator Sharer previewed his 2% tax proposal with a historical presentation on New Mexico tax law, using props to illustrate the evolution from early territorial tax codes to the modern tax system. He argued that the state’s current tax structure is overly complex and that recent federal changes have disrupted the personal income tax base. The committee did not take any votes on the day’s presentations; the meeting was primarily informational, with members offering feedback and raising policy concerns for future sessions.

Transcript Highlights:

• This takes $3 billion of the surplus.
• The surplus, which, by the way, we only have, I want to be really clear about that. at this not because

Bills: SB5, SJR3, HB 11, HJR72, HB48, HB27, HB144, HB37, HB1481, HB581, HB1696, HB2216, HB 1035, HB1633, HB742, HB754, HB1689, HB1690, HB2669, HB391, HB517, HB1775, HB 1024, HB1607, HB252, HB1716, HB1562, HB4116, HB1866, HB1741, HB2103, HB2637, HB2884, HB3707, HB503, HB 1089, HB1757, HB2986, HB972, SB365, SB1786, SB5, SJR3, HB14, HB43, HB36, HB26, HB149, HB 121, HB206, HB136, HB3114, HB2733, HB1732, HB3700, HB467, HB 1130, HB1846, HB1442, HB 1147, HB2176, HB2701, HB805, HB2890, HB 1154, HB1644, HB2118, HB1718, HB2488, HB2596, HB2468, HB484, HB2578, HB3204, HB 1041, HB307, HB685, HB538, HB2525, HB3125, HB2027, HB2894, HB3077, HB 106, HB18, HB 11, HJR72, HB48, HB27, HB144, HB37, HB1481, HB581, HB1696, HB2216, HB 1035, HB1633, HB742, HB754, HB1689, HB1690, HB2669, HB391, HB517, HB1775, HB 1024, HB1607, HB252, HB1716, HB1562, HB4116, HB1866, HB1741, HB2103, HB2637, HB2884, HB3707, HB503, HB 1089, HB1757, HB2986, HB972

Keywords: dementia, research institute, Alzheimer's disease, Parkinson's disease, funding, grants, state health initiatives, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, tax exemption, intellectual disability

Transcript Highlights:

• This is the beginning of. of a package of bills to take this beautiful $23-24 billion surplus and give
• in our homeowners and our small businesses feeling the real benefit. it of a once again historic surplus

Bills: SJR2, SB4, SJR36, SJR2, SB4, SJR1, SJR5, SB9, SB40, SJR2, SB4, SR98, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• and then a small retention of ourselves, which is usually related to about 10% of your policyholder surplus
• big hurricanes that were significant, and those small companies never really developed significant surplus

Summary: The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin. The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials. Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.

Transcript Highlights:

• Members, House Bill 3048 is an omnibus cleanup bill for the surplus lines insurance section of Section

Bills: HB2059, HB3920, HB2992, HB3267, HB4457, HB3800, HB3818, HB4425, HB4427, HB4430, HB4431, HB4333, HB4340, HB4343, HB4344, HB4363, HB4229, HB4230, HB4236, HB4246, HB1979, HB3431, HB3052, HB3047, HB3048, HB4092, HB4302, HB3261, HB3704, HB3312, HB3546, HB3849, HCR1021, HB4105, HB4159, HB4304, HB3835, HB3619, HB4490, HB3710, HB4201, HB3907, HB3748

Keywords: health care, medication, inmates, Oklahoma Health Care Authority, reimbursement, county jails, medical expenses, sales tax exemption, nonprofit organizations, procurement, transplant research, Oklahoma Tax Code, HB2992, Data Center Customer Ratepayer Protection Act of 2026, Corporation Commission, Oklahoma utilities, ratepayer protection, data centers, artificial intelligence computing, AI data centers

Transcript Highlights:

• So it is our goal to surplus the property and let State Lands take care of it from there to dispose of

Bills: SB480, HB621, HB637, HB804, HB841, HB1056

Keywords: fishing gear, Oyster Bayou, shrimping, regulation, marine resources, HB621, Act 658, renewable energy, recycling, decommissioning, wind energy, solar power, solar facilities, wind turbines, energy infrastructure, end-of-life disposal, universal waste, recyclable materials, waste reduction, Department of Environmental Quality

Transcript Highlights:

• So it is our goal to surplus the property and let State Lands take care of it from there to dispose of

Bills: SB480, HB621, HB637, HB804, HB841, HB1056

Keywords: fishing gear, Oyster Bayou, shrimping, regulation, marine resources, HB621, Act 658, renewable energy, recycling, decommissioning, wind energy, solar power, solar facilities, wind turbines, energy infrastructure, end-of-life disposal, universal waste, recyclable materials, waste reduction, Department of Environmental Quality

Summary: The Senate Committee on Natural Resources met on May 14 and approved the April 29 minutes. The committee first heard HB 1056, which authorizes transfer of certain state property in Natchitoches Parish tied to a former school building now considered dilapidated and a nuisance; it was reported favorably. HB 841, described as a landman code of conduct bill and expropriation-related measure, was voluntarily deferred so the sponsor could work on additional changes over the interim. The committee then took up HB 804, the Louisiana Energy Protection Act, which would bar future lawsuits seeking climate-change damages against fossil fuel companies and other entities. Supporters said it would prevent speculative climate litigation while preserving legitimate claims for permit violations and other existing statutory causes of action. Opponents from coastal litigation and the Sierra Club argued the bill was drafted too broadly and could affect legacy cases, property rights, and regulatory enforcement; the committee adopted Amendment 3875 to grandfather existing filed cases and make the bill effective upon gubernatorial signature, then reported the bill favorably as amended. HB 621, requiring recycling of decommissioned renewable energy infrastructure and updating the state’s waste framework for modern energy components, was reported favorably. HB 637, which revises oil field site restoration fees and lowers rates for marginal, stripper, low-pressure, and incapable wells, was also reported favorably. Finally, SB 480, as amended, allowed boats to anchor in Oyster Bayou so long as they are not within an oyster lease and someone remains on board; the committee adopted the amendment and reported the bill favorably before adjourning.

Transcript Highlights:

• retiree raise rules for the Louisiana State Police Retirement System while adjusting the handling of surplus

Bills: SB8, SB10, SB11, SB12, SB13, SB14, SB16, SB17, SB18, SB20, SB21, SB22, SB416, SB455, SB456, SB477

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

Summary: The Retirement Committee met on April 29, 2026, established a quorum, and heard a series of retirement-related bills, mostly cleanup or technical measures affecting various public retirement systems. SB 22 would extend Municipal Employees Retirement System eligibility to certain positions in the Second City Court constable’s office in New Orleans. SB 17 would create a funding deposit account for cost-of-living adjustments for registrars of voters’ employees’ retirement system. SB 455 would allow certain district and parish courts to participate in the Parochial Employees Retirement System. SB 456 would update compensation rules for assigned retired judges, and SB 8 would add the Louisiana Asset Management Pool as a participating employer in MERS. All of these bills were described as aligning statutes with current practice or expanding participation options, and each was reported favorably without objection. The committee also heard several Louisiana State Police retirement bills. SB 10 would repeal outdated priority allocation and retiree raise rules and adjust handling of surplus employee contributions; SB 11 would increase the funding cap for benefit increases from 2.5% to 3.5%; and SB 12 would update membership and definition language to reflect the State Police Commission rather than the Civil Service Commission. SB 18 would repeal a special exception allowing certain MERS retirees to return to part-time work while collecting full benefits, while protecting roughly 30 current participants. SB 20 and SB 21 would update actuarial gain/loss and unfunded liability funding rules for school employees’ retirement and LASERS, respectively, in light of the new permanent benefit increase funding structure. Each of these bills was supported by system officials as cleanup or modernization measures and was reported favorably. The committee spent the most time on education and return-to-work issues for teachers and public employees. SB 16 would reduce annual trustee training requirements for retirement system boards from 16 hours back to 12 hours, which witnesses said would better fit smaller systems and match the original intent of the law. SB 13 would similarly update TRSL’s actuarial funding rules after the sunset of the experience account. SB 14, based on a 2025 study work group, would consolidate and simplify TRSL return-to-work rules and expand options for retired teachers, with witnesses emphasizing teacher shortages and the need to retain experienced educators. All three were reported favorably. Finally, SB 416 would allow certain Department of Public Safety and Corrections retirees to return to critical shortage positions after one year, and SB 477 would classify the chairman of the Louisiana Gaming Control Board as a full-time state employee for retirement purposes. Both bills drew questions and discussion, especially SB 416, and both were reported favorably. The chair announced the committee’s next meeting would be moved from Monday to Tuesday, and the meeting adjourned.