Transcript Highlights:

• That's what our investment actuaries...
• So, you know, and I understand actuary numbers pretty well.
• So, you know, and I understand actuary numbers pretty well.
• Sorry, that did sound weird, but their beneficiaries.
• The $137.8 million is the actuarial cost.

Summary: The Committee on Pensions met without a quorum at first, then later returned to executive session and held several bill hearings. Representative Haley presented House Bill 295, which would allow PSRS retirees who have reached the 80% COLA cap to receive an additional 2% COLA in years when investment returns exceed the system’s assumed rate and CPI conditions are met. Haley and supporters from the Missouri Retired Teachers Association said the bill was narrowly targeted, non-cumulative, and protected by guardrails; committee members questioned whether it could affect funding stability. PSRS/PEERS counsel testified informally that the proposal would function like a one-time “13th paycheck,” would affect about 3,400 PSRS and 800 PEERS retirees, and would cost roughly $32 million for PSRS and under $1 million for PEERS, while emphasizing the systems’ smoothing policy and funded status. The committee then adopted a substitute and passed House Committee Substitute for House Bills 2884 and 1655 by a 12-0 vote. The substitute combined language dealing with St. Louis police retirement board quorum/appointment timing, public employee retirement system provisions, and public school retirement system board quorum/vote requirements, and it also added clarifying language so retirement systems could continue routine informational communications without using funds to support ballot measures. The committee next took up House Committee Substitute for House Bills 1762 and 2059, which would increase the income tax deduction for private retirement income and raise the income threshold for eligibility. Supporters argued it would provide parity with the earlier public-pension tax break and help retirees and self-employed taxpayers; opponents raised concerns about the fiscal impact and timing. The substitute passed 8-4. Representative Bromley then presented House Bill 2144, which would increase the PSRS death benefit from $5,000 to $10,000. He said the current amount no longer covers funeral costs and that the change would help older retirees’ families. MRTA supported the concept but urged caution about system solvency and suggested looking at PEERS as well; PSRS/PEERS counsel testified that the benefit applies to all vested PSRS members, would cost about $137.8 million in actuarial liability, and would reduce the trust fund by about 0.19%. An EMPERS representative confirmed that system also has a $5,000 death benefit and uses similar third-party death-notification services. Finally, Representative Mayhew briefly presented House Bill 2205, which would exempt all public and private retirement income from Missouri income tax; no one testified in support or opposition, and the hearing adjourned after no further discussion.

Transcript Highlights:

• So can you talk to me about the actuarial note and the savings?
• No, I cannot talk to you, but I don't know what the actuarial note is on.
• So we're asking that it would be set at 3% above the actuarial rate.
• sound.
• Sounds great. Who dictates who gets on the board?

Bills: HR70, HR71, HCR35, HB31, HB326, HB1013, HB1014, HB1015, HB1016, HR65, HR66, HR67, HR68, HR69, HCR33, HCR34, HB1006, HB1007, HB1008, HB1010, HB1011, SB2, SB13, SB24, SB28, SB40, SB47, SB48, SB70, SB79, SB80, SB109, SB127, SB139, SB154, SB181, SB199, SB200, SB208, SB277, SB317, SB336, SB349, SB357, HR15, HR20, HCR14, HB51, HB58, HB69, HB82, HB93, HB143, HB166, HB199, HB201, HB202, HB218, HB222, HB223, HB224, HB231, HB235, HB246, HB338, HB349, HB352, HB379, HB405, HB429, HB535, HB547, HB577, HB588, HB626, HB636, HB652, HB653, HB669, HB688, HB691, HB721, HB738, HB749, HB806, HB843, HB851, HB857, HB861, HB889, HB904, HB907, HB908, HB929, HB955, HB1009, HB952, HB8, HB9, HB10, HB15, HB16, HB17, HB18, HB19, HB22, HB33, HB34, HB35, HB44, HB46, HB47, HB48, HB61, HB101, HB126, HB135, HB142, HB164, HB185, HB215, HB226, HB232, HB233, HB242, HB284, HB292, HB297, HB301, HB334, HB436, HB468, HB548, HB571, HB582, HB593, HB594, HB609, HB613, HB712, HB722, HB732, HB746, HB827, HB845, HB848, HB921, HB923, HB951, HB953, HB999, HB53, HB57, HB64, HB102, HB106, HB111, HB137, HB152, HB155, HB177, HB238, HB256, HB258, HB337, HB359, HB363, HB386, HB434, HB546, HB557, HB584, HB661, HB697, HB726, HB727, HB747, HB756, HB758, HB759, HB765, HB767, HB825, HB858, HB930, HB941, HB957, HB964, HB868, HB119, HB140, HB739, HB842, HB875, HB919, HB52, HB228, HB289, HB735, HB796, HB901, HB193, HB400, HB570, HB733

Keywords: Northside High School, basketball, state championship, sportsmanship, athletic recognition, commendation, criminal justice, community contributions, Bridget A. Dinvaut, law enforcement, tax delinquency, property sale, rehabilitation, Louisiana State Law Institute, legislation, retirement, police benefits, disability, municipality, Social Security

Summary: The House convened with a quorum, heard a prayer and pledge, adopted the journal, and received Senate messages, committee reports, and a large number of bill introductions and committee referrals. Several resolutions were adopted without objection, including condolences, commendations, and designations such as Jeanerette as the French bread capital of Louisiana and recognition of Women’s History Month. The chamber also received numerous House and Senate bills for referral, many involving retirement systems, education, transportation, criminal justice, natural resources, and local government matters. The floor then moved through a long series of House bills, with many local and retirement measures passing unanimously or near-unanimously. Among the bills discussed were changes to retirement systems for district attorneys, clerks of court, sheriffs and deputies, assessors, and municipal police employees; local court jurisdiction and commissioner authority; bankruptcy and succession thresholds; civil procedure revisions; and measures on election administration, public records, seafood labeling and safety, state symbols, and OMV fees. Members asked questions on several bills, especially about fiscal impact, retirement governance, and procedural changes, but most bills advanced with little opposition. A few bills were returned to the calendar, including HB 9, HB 61, HB 126, HB 185, HB 233, HB 284, HB 301, HB 436, HB 468, HB 582, HB 613, and HB 722. The House also considered bills affecting education, labor, health, and public safety, including employment certificates for minors, student questionnaires and hazing procedures, a state seal of fine arts diploma, Louisiana Works reauthorization, naloxone immunity, veterans’ medical-record fee waivers, and a bill creating a privacy protection act for sex offense victims. Several measures drew brief debate over fairness, administrative burden, or humanitarian concerns, such as a bill requiring a Rule 10.1 conference before requests for admissions are deemed admitted, and a bill allowing OMV fee waivers in emergency or humanitarian situations. Most of the bills taken up on the floor passed, often by wide margins, with a few receiving a small number of dissenting votes.

Transcript Highlights:

• The second part would be a review of the actuarial fiscal note for the bill.
• and today we will be Michael Harbour, an actuary with OSA.
• And again, this state actuary would continue to serve as a plan actuary for the restated Left 1.
• Again, for the record, my name is Michael Harbour, actuary for OSA.
• mention the fact that pension actuaries and health care actuaries use very different assumptions and

Keywords: 904, all

Transcript Highlights:

• the primary plan to a subcontracting plan for a particular rating period are not actuarially sound,
• sound, while the rates paid to a primary plan are required to be actuarially sound.
• While the rates paid to a primary plan are required to be actuarially sound, there is no such requirement
• So when you talk about actuarially sound calculations, I have a very vague understanding of that whole
• So when you talk about actuarially sound calculations, I have a very vague understanding of that whole

Keywords: 988, house, all

Transcript Highlights:

• Chair, today I spoke with the actuary for OSI and asked about premiums.
• So it sounds like they're, Mr.
• I, so when I look at the actuarial numbers they have a fund balance.
• I am relying on the actuaries' numbers to dial in what that deficit is, yes.
• The actuary told us that could drop that language.

Keywords: 996, all

Transcript Highlights:

• The reason we just don't keep the money has to do with actuarial certification.
• It sounds like you don't actually withhold.
• It sounds like you don't actually withhold.
• Rates from an actuarial standpoint have to be a reasonably efficient MCO.
• It needs to be able to achieve that, and that's what the actuary sets the rates at.

Keywords: 928, house, all

Summary: The Fiscal Committee met on May 16, 2025, and first adopted a rules-and-procedures change extending online audit approval timelines for American Rescue Plan items through December 2026 and bipartisan infrastructure law items through June 30, 2027. The committee then approved the April 18 minutes and adopted the consent calendar with several items removed for separate discussion, including items from Tabs 4, 6, and 7. On Tab 4 item 2511, members questioned why the state was paying utility costs for the Laconia property while it is being sold. Commissioner Charlie Arlinghaus explained the budget line covered utilities generally, not just heat, that some buildings still require minimal heating, and that the main increase was tied to the Winnipesaukee River Basin Project wastewater charges. He said the charges had risen sharply, the property sale would eventually trigger a utility true-up at closing, and he would provide additional analysis. The committee then adopted the item. On Tab 4 item 25115, the Department of Justice said funding for a temporary fourth pathologist was removed from the 2026-2027 budget because it was no longer needed, and the committee adopted the item. On Tab 6 item 25126, Department of Health and Human Services officials explained the Medicaid managed care “withhold” as a performance incentive: about 2% of capitation payments are held back, then redistributed based on quality and operational metrics, with unearned amounts staying with the state until the end of the program and subject to actuarial requirements. They said the approach has improved performance and helped with Medicaid unwinding outreach, reducing enrollment by about 11,000 people in the past year. The committee adopted the item. On Tab 7 item 25139, the Department of Energy said it no longer needed an additional position because existing staff could handle the work, and the item was adopted. The committee also adopted regular-calendar items 25114 and 25131, noted that one regular-calendar item had been withdrawn, set the next meeting for June 20 at 11:00 a.m. in Room 100 of the State House, and adjourned after a motion and second.

Transcript Highlights:

• One of them was that it needed to be actuarily sound in reimbursement based.
• So historical data from that CDC now there is with the actuaries a threshold.
• That's just an actuary term that they use.
• We discussed it with the actuaries removing those costs from the PC pm.
• All right. >> We've talked about a lot of very actuarially sound data that you're collecting.

Keywords: 999, senate, all

Transcript Highlights:

• And while our story may sound extreme, it's not rare.
• sound.
• Which is the least amount of years needed to make the funding actuarially sound.
• “When you create an actuarial model to apply the actuarial adjustments, you have to be able to apply
• We eventually would like to have high acuity have its own actuarial adjustment.

Bills: S0042, S0578, S0624, S7018

Keywords: child protection, medical records, investigation, abuse, neglect, healthcare, Child Protection Team, diagnosis, Alzheimer's disease, Alzheimers, dementia, related dementias, brain health, early detection, caregiver support, elderly affairs, Department of Elderly Affairs, Department of Health, public health outreach, memory loss

Summary: The committee met with a quorum and first heard SB 624, which would codify DCF’s current practice of allowing batterers intervention programs to offer supplemental faith-based activities so long as participation is voluntary. The bill drew support from faith-based and family organizations, which argued it would restore access to effective rehabilitation options and remove discriminatory barriers. SB 624 was reported favorably after a roll call vote. The committee then heard SB 42, which would require child protective investigators and child protection teams to rely on qualified medical professionals when a child has a documented pre-existing diagnosis or when a parent requests an exam, and would require clearer notice to parents and custodians at the start of an investigation. Testimony overwhelmingly came from parents, advocates, and disability rights representatives describing cases in which medically complex children were allegedly misdiagnosed as abuse victims and families were separated unnecessarily. Members expressed sympathy and support, and SB 42 was reported favorably. Next, the committee considered CS/SB 578, creating an Alzheimer’s disease awareness initiative within the Department of Elder Affairs to promote early detection, brain health education, research updates, and clinical trial awareness, with outreach focused on older adults and at-risk populations. An amendment was adopted to place the campaign within the Alzheimer’s Disease Initiative. A caregiver testified about the need for public education and early diagnosis, and the bill was reported favorably. The committee also took up SPB 7018, a committee bill on child welfare that would extend the definition of “visitor” for foster homes to reduce repeated background checks, make the Step Into Success foster youth workforce pilot permanent and statewide, and create a program through the Florida Institute for Child Welfare to catalog best practices among community-based care lead agencies. The bill was approved as a committee bill and reported favorably. Finally, the Department of Children and Families presented its 2025-26 final funding methodology and rates report for community-based care. Members questioned the proposed tiered model, including insurance costs, risk corridors, prevention funding, performance measures, and regional funding disparities. No vote was taken on the presentation, but members discussed the possible need for follow-up legislation and additional stakeholder input.

Transcript Highlights:

• And while our story may sound extreme, it's not rare.
• sound.
• Which is the least amount of years needed to make the funding actuarially sound.
• When you create an actuarial model to apply the actuarial adjustments, you have to be able to apply them
• We eventually would like to have high acuity have its own actuarial adjustment.

Keywords: 999, senate, all

Summary: The committee heard and passed SB 624, which would codify that batterers intervention programs may offer supplemental faith-based activities so long as participation is entirely voluntary. The bill sponsor and supporters framed it as protecting religious freedom and preserving an existing DCF practice, while no opposition was presented. The committee voted favorably to report the bill. Members then heard SB 42, which would require child protective investigators and child protection teams to rely on qualified medical professionals when a child has a documented pre-existing diagnosis or when a parent requests a medical exam, and would require clearer notice to parents and custodians about their rights and responsibilities. Testimony was overwhelmingly in support, with parents, advocates, and Disability Rights Florida describing cases where medically complex children were removed or services denied after misdiagnosis or disagreement over treatment. The committee voted unanimously to report SB 42 favorably. The committee also considered SB 578, creating a statewide Alzheimer’s Disease Awareness Initiative through the Department of Elder Affairs to promote early detection, brain health, research, clinical trials, and outreach to older adults and at-risk populations. A brief amendment was adopted to place the campaign within the Alzheimer’s Disease Initiative. Supporters, including a caregiver and advocacy groups, emphasized the need for public education and earlier diagnosis. The committee then voted unanimously to report the committee substitute favorably. Finally, the committee approved SPB 7018 as a committee bill on child welfare. The proposal would extend the time an adult may visit a foster home before being treated as a “visitor” subject to background checks, make the Step Into Success foster youth workforce program permanent statewide, and create a Florida Institute for Child Welfare program to catalog best practices among community-based care lead agencies. The committee adopted the motion to submit the proposal as a committee bill and reported it favorably. The meeting concluded with a lengthy presentation from DCF on the 2025-26 final funding methodology and rates report for community-based care, including discussion of tiered funding, risk corridors, prevention, performance measures, and concerns about insurance costs, residential group care, acuity, carry-forward balances, and county-level funding differences; no formal vote was taken on the presentation.

Transcript Highlights:

• My concerns, and it sounds like it's echoed throughout the committee, is the primary issue identified
• “A P&C actuary costs upwards of $500,000 to $600,000 in the private market.
• And these are actuaries not just in, you know, if a company hires an actuary, that’s an actuary that
• A P&C actuary costs is paid upwards of $500,000, $600,000 in the private market.
• And these are actuaries not just in, you know, if a company hires an actuary, that's an actuary that

Summary: The subcommittee met to review agency travel, budget reduction exercises, and member reports from agency meetings. Early discussion focused on the Department of Management Services (DMS), where members questioned the cost of travel for four out-of-state data/cyber staff and the secretary’s absence. DMS defended the hires as highly specialized enterprise cybersecurity and data personnel, said the positions were lawfully paid and posted, and explained that the staff work on statewide data cataloging and cyber risk reduction rather than agency-by-agency systems. Members also raised concerns about fleet inventory discrepancies and requested follow-up information on hiring, travel, and data inventory timelines. The chair said she would consider travel guardrails and possible reductions, and noted that DMS, the Lottery, and the Florida Commission on Human Relations did not meet the requested reduction target, while the Public Employee Relations Commission did not submit reductions. The committee then heard from the Florida Lottery about the secretary’s trip to Paris for the World Lottery Convention. Lottery staff said the trip was reimbursed through the multi-state lottery organization and was intended to share best practices and improve operations, though members questioned the value of the travel and requested reimbursement records and the trip agenda. The subcommittee also reviewed agency reduction exercises from several agencies. The Department of Revenue exceeded its target and was praised for frugality; DFS, the Florida Gaming Control Commission, the Office of Financial Regulation, the Office of Insurance Regulation, the Public Service Commission, the Division of Administrative Hearings, and the Department of Business and Professional Regulation each described how they met or approached their reduction goals, often through vacancies, reversions, or expense cuts. OIR warned that further reductions could hurt insurance regulation capacity, while OFR and PSC said their reductions were based on historical reversions and lower post-COVID travel or vacancy levels. Members then reported back on agency meetings. DMS members raised fleet tracking, real property audits, salary studies, and health plan savings ideas, and asked for follow-up on the Florida PALM project, cybersecurity grants, and state IT modernization. DFS members said the agency was efficient and that its Palm-related work and insurance consumer programs were important. Lottery members emphasized the agency’s revenue generation for education and its low administrative overhead. Gaming Control members highlighted storage costs for seized gaming equipment and suggested technology-based alternatives. PERC members said a union-related law had doubled their workload and asked for more staffing and possible AI assistance. OIR members stressed the need for a Tampa satellite office and more resources to recruit and retain specialized staff. The chair closed by saying the committee would continue reviewing travel, staffing, and reductions with an eye toward taxpayer value and transparency.

Transcript Highlights:

• Senate Bill 2345 reforms the... ...and Firefighter Retirement Fund, based on the Voluntary Funding Soundness
• Third, establishing an actuarially determined funding model that pays off the legacy liability of $327
• The pension board actuarial analysis and the LBB fiscal note are based on the introduced version of the
• The actuary from the PRB and Amy Cardona, the Executive Director of the Pension Review Board are here
• This assures actuarial soundness, and what it does is it respects and honors the work and public service

Bills: SB771, SB2345, HB135, HB135

Keywords: diesel fuel tax, tax credit, auxiliary power units, power take-off equipment, refund, energy efficiency, firefighter retirement, municipal contributions, pension system, retirement benefits, funding ratios, sales tax exemption, exotic animals, game animals, agriculture, livestock, civil liability, motor vehicle, legal protection, removal

Transcript Highlights:

• We'll now go to our actuarial update from Michael Harbor. Thank you, Mr.
• Again, for the record, Michael Harbor, actuary for OSA.
• Given the potential need for actuarial pricing this fall, if you'd like to learn more about Given the
• So I think the question then is, Ken, is the actuary office prepared?
• Ken, is the actuary office prepared to move forward with the bill next session?

Keywords: 904, all

Transcript Highlights:

• And we did use an actuarial database in order to predict expenditures.
• It sounds interesting. I know I'm going to want to know more.
• So all I'm trying to say is, and I am not an actuary, but I spent a lot of time with the actuaries in
• That's the extent of my actuarial prowess. That's the extent of my actuarial prowess.
• It sounds like there's some need for data to understand this.

Keywords: 995, all

Summary: The commission meeting focused on continuing care retirement communities (CCRCs), beginning with a presentation from Two Life Communities on its Opus Newton model, which is opening in the fall. Two Life described Opus as a middle-income, modern CCRC built around affordability, care coordination in residents’ apartments rather than separate care buildings, and resident-driven community life. Commissioners asked about financing, home care arrangements, affordability, Medicaid/MassHealth access, and the role of resident councils versus board representation. Two Life said it wants to remain within the CCRC framework, but expressed concern about proposals that would require multiple discrete care levels, impose deadlines on entrance-fee refunds, or require resident board seats. The commission then discussed possible recommendations. There was broad support for Senate Bill 478, which would require clearer disclosure of entrance-fee refund terms in a separate document for prospective residents. On refund timing, members were divided: some favored a one-year deadline or a deadline with waivers, while others opposed a fixed deadline because of financing risks and the potential impact on new development and current residents. Several members suggested keeping the status quo but adding better data collection and reporting on refund timing. On the CCRC definition and marketing, members debated whether the current statutory definition is too vague and whether the commission should recommend clearer standards or a certification-like process, while also noting resource limits for state oversight. Members also discussed the Age CCRC Consumer Guide, with general agreement that it should be updated and made more useful to consumers, possibly with clearer questions to ask and more information about facilities, though some cautioned against adding subjective financial-risk statements that would be hard to administer. On resident representation, several commissioners strongly supported requiring resident voting members on boards, while providers argued that strong resident associations and regular meetings with boards may be preferable and that communities should retain flexibility. The meeting ended with a request for written comments by July 11, draft recommendations to be circulated July 18, and a possible final meeting on July 21, with the commission aiming to finish by August 1.

Transcript Highlights:

• The focus is we're waiting for is, I guess, and that sounds right.
• Do you want to explain it in more actuarial terms than I can? Yes, Mr.
• Can I refer to my actuary to talk about that?
• I understand actuaries well, as I was on the board for eight years.
• And I'm seeing nodding from our actuary who's here.

Transcript Highlights:

• And so that helps actuaries remain steady, I think, with premiums.
• Also, the actuarial looked at different states.
• So what we're trying to do, what we ensure, is that the rates are actually sound and justified.
• Thank you, Madam Chair. ...and how the actuarial and regulatory processes work here in practice.
• Actuarial analysis is so expensive.

Summary: The committee first heard Senate Bill 21, as amended, which would create an annual birthday-based open enrollment period for Medicare supplement policyholders age 65 and older, allowing them to switch to equal or lesser coverage without medical underwriting. The Aging and Long-Term Services Department and the Office of Superintendent of Insurance supported the bill as a consumer protection measure for seniors who are locked into rising premiums, while AHIP opposed it, warning it could raise premiums for existing policyholders. The League of Women Voters and AARP supported the measure. After debate over premium impacts and market stability, the committee voted 6-4 to give SB 21 a due pass. The committee then considered Senate Bill 20, dealing with prior authorization for medications used to treat serious mental illness. An amendment to change the bill from limiting prior authorization to once every three years to once every 12 months was debated; insurers supported the annual review, while nursing, disability, and mental health advocates argued that more frequent prior authorization would add burden and delay care. The committee tabled the amendment 5-4, then passed the unamended bill on a do pass vote. Testimony emphasized that the bill would not change how often patients see their doctors, only how often insurers can require prior authorization. Next, Senate Bill 101 was heard, which repeals the delayed sunset of the Health Care Delivery and Access Act so the hospital provider tax can continue. Sponsors and the Health Care Authority said the program has generated substantial federal matching funds and supports hospitals, especially rural facilities. AARP, Health Action New Mexico, the Greater Albuquerque Chamber of Commerce, and the New Mexico Hospital Association supported the bill. Committee members asked about how funds are distributed and reported; the agency said distributions are based on Medicaid discharges and hospitals must report on spending. The bill received a do pass. The committee also approved House Memorial 52, which requests a study group on health insurance premium affordability for working families and small employers. Supporters from Blue Cross and Blue Shield and AHIP said the memorial would help identify cost drivers and improve transparency. The committee then passed House Bill 132, as amended, creating a workers’ compensation presumption for certain occupational conditions affecting police officers. Supporters from labor, state police, OSI, and business groups said it would help recruitment, retention, and recovery, while members discussed the removal of back pain from the presumption and the reinstatement of PTSD. Finally, the committee began hearing Senate Bill 14, which expands the state’s health professional loan repayment program and creates a broader advisory structure to address workforce shortages. The bill would cover physicians and many other health professions, with a large appropriation and special provisions for part-time service and loan repayment terms. The sponsor described it as a competitive recruitment tool, and numerous health care, labor, and consumer groups testified in support. The sponsor also described a proposed amendment to reallocate physician funds to other eligible health professionals if there are not enough qualified physician applicants, but the committee was preparing to move on when the transcript ended.

Transcript Highlights:

• We'll now go to our actuarial update from Michael Harbor. Thank you, Mr.
• Again, for the record, Michael Harbor, actuary for OSA.
• Given the potential need for actuarial pricing this fall, if you'd like to learn more about Given the
• So I think the question then is, Ken, is the actuary office prepared?
• Ken, is the actuary office prepared to move forward with the bill next session?

Summary: The Executive Committee of the State Committee on Pension Policy approved the June minutes and received updates from staff and counsel. The attorney reported on two class action matters: the Fowler/Probst Fowler teacher interest case, where a court ordered the state to pay $118 million and the state has appealed and sought a stay, and the Dawson case challenging last year’s HB 2034 related to the LEOFF 1 plan, where the complaint was amended and the state plans to move to dismiss. The actuary also provided a brief update on asset smoothing and offered to provide additional education on the topic. The committee then focused on interim work planning and the September agenda. Members discussed an ad hoc COLA for PERS and TRS Plan 1 retirees, with staff explaining options for making a COLA part of the base budget or otherwise structuring it. The committee agreed to move forward with a bill for a Plan 1 ad hoc COLA and to have it considered in October, with a request for fiscal analysis. The committee also heard from a Washington State Patrol Troopers Association representative about survivor medical benefits, and staff said a cost estimate could be prepared for October if the proposal included retroactive coverage. For September, the committee set the agenda to include PERS eligibility for animal control officers, a LEOFF 1 medical study update with possible action, and the Plan 1 ad hoc COLA item. Staff said the work plan would also add the ongoing Plan 1 COLA and survivor medical topics to October, along with preliminary 2027 meeting dates. The meeting ended with informal approval of the September agenda and adjournment.

Transcript Highlights:

• ><c> found</c><00:30:56.080><c> the</c> It's their actuaries that found the It's their actuaries that
• Your actuarial shows that you're going to need that money, but you didn't really have that actuarial
• Your actuarial shows that you're going to need that money, but you didn't really have that actuarial
• </c> actuarial help until after the fact." actuarial help until after the fact."
• You know, we have the actuarials.

Keywords: 928, house, all

Summary: The committee took up several insurance-related bills. Senate Bill 47, concerning health insurance policies related to the birth of the mother, was moved ought to pass with no amendments and was approved on a 6-0 vote. Senate Bill 121, dealing with Medicare Advantage plan notice requirements, was amended to reduce the required notice from 120 days to 90 days and to remove a federal citation; the department said the change was to avoid conflict with federal notice rules. After discussion about the stress caused when carriers leave the Medicare Advantage market, the committee voted ought to pass as amended, 7-0. The committee then heard a detailed explanation of the continuing care retirement communities bill, described by the Insurance Department as a rewrite of a 1989 law to modernize oversight, require quarterly financial reporting as an early warning system, create a bill of rights for residents, and clarify issues such as entrance fees and removal of dangerous residents. A member recalled the bill’s original purpose as protecting solvency because residents pay substantial upfront fees. The bill was moved ought to pass and approved unanimously, 7-0. The final major discussion concerned a pooled risk organizations bill. Members debated whether oversight should remain with the Secretary of State or be moved to the Insurance Department. Supporters of moving it argued the issue is solvency, citing concerns about reserve levels, prior insolvencies, and the Insurance Department’s expertise. Opponents said the Secretary of State’s office had historically overseen the entities and that the bill would fundamentally change how they operate. A straw vote favored an amendment, but the committee ultimately voted to retain the bill for further work, with plans to revisit it later in the session.

Transcript Highlights:

• So this sounds like a substantive... organization of how services are being delivered and it sounds specific
• We're actuarially sound. That definition of actuarial soundness is in statute.
• That means that we would be no longer actuarially sound.
• And when you're thinking about actuarially soundness and you're making projections? Yes or no?
• Leslie, head count is part of your actuarially soundness determination.

Keywords: infrastructure, water supply, flood mitigation, Texas Water Fund, community projects, funding allocations

Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.

Transcript Highlights:

• That's what our investment actuaries...
• So, you know, and I understand actuarial numbers pretty well.
• And not themselves, sorry, that did sound weird, but their beneficiaries.
• So the $137.8 million—that is the actuarial cost.
• As we say, we actuarially do the net present value of what is $9.5 million a year.

Keywords: 959, house, all

Transcript Highlights:

• The intent is sound.
• The intent is sound.
• The Employment Security Department, known as ESD, provides an actuarial report each year.
• The actuarial rate proposal in this bill also reflects a recommendation from J.
• The actuarial rate proposal in this bill also reflects a recommendation from J.

Summary: The committee held a public hearing on a series of housing, education, workforce, and court-related bills. On Substitute Senate Bill 5884, staff described changes to a sales and use tax deferral for redeveloping vacant or underused land into affordable housing, including broader eligible property definitions and lower affordability thresholds in designated areas. Testimony was mixed: builders opposed language they feared could encourage project labor agreements, while Spokane and Kent representatives supported the bill but asked for flexibility on affordability mix requirements. On Senate Bill 6256, which expands a property tax exemption for nonprofit low-income rental housing to include certain co-located community uses during construction and extends the pre-construction exemption period, testimony was strongly supportive from housing nonprofits and local housing partners, with questions focused on clawback provisions. The committee also heard Substitute Senate Bill 6027, which expands allowable uses of local housing and supportive housing sales tax revenue, adjusts a REET exemption timeline, broadens emergency housing definitions, and changes use of the Affordable Housing for All account. County, housing, and nonprofit witnesses said the bill would help preserve housing and services amid federal funding uncertainty, though Snohomish County asked for an amendment to allow rental assistance. Substitute Senate Bill 6018 would revise the Housing Finance Commission’s authority, including direct lending and bond counsel terms; commission staff said it would modernize outdated restrictions and improve financing flexibility. Substitute Senate Bill 6028 would create a revolving loan fund for mixed-income homeownership projects; supporters said it would help smaller infill projects pencil, while staff noted the loans would be subordinate and carry some risk. Later, the committee heard Senate Bill 6275 on the community reinvestment program, which would require periodic plan updates, reporting, and a WSIPP study, while also expressing legislative intent to continue at least $100 million annually in the account. Advocates, workforce groups, legal aid providers, and small business owners testified that the program supports communities harmed by past disinvestment and should be made permanent and more accountable. Substitute Senate Bill 5961 would move the Imagination Library program from DCYF to OSPI; early literacy advocates and local partners supported the transfer as better aligned with school readiness. Substitute Senate Bill 5969 would integrate IEP transition plans with high school and beyond plans, and a prior critic said amendments addressed her concerns. Second Substitute Senate Bill 5292 would shift PFML premium rate-setting to the annual actuarial report and raise the reserve target; labor and industry witnesses supported the change, while a policy group opposed the program’s costs. The committee also heard Senate Bill 5868 to add one superior court judge each in Skagit and Yakima counties. Judges and county officials testified that caseloads, population growth, and backlogs justify the additions, and county leaders said they had already budgeted for their share. Finally, Substitute Senate Bill 5827 would allow service members to use pre-discharge certification to claim veterans’ civil service preference; the sponsor said it would solve a timing problem for transitioning service members. No votes or final committee actions were taken in the transcript, as the meeting consisted of bill briefings and public testimony.