Video & Transcript Research : 'legislative updates'
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MN
Transcript Highlights:
- With that, members, we are going to start with a brief update on the READ Act implementation before we
- One work group was legislatively named, which is the REDAC Deaf, DeafBlind, and Hard of Hearing work
- This funding was provided in the 2023 legislation.
- Clarifying and updating.
- Our staffing decisions are based on the work required to fulfill the legislative mandates.
FL
Transcript Highlights:
- update, even though technically they're not updating their record; the state of Florida updated their
- They're not updating their record; the state of Florida updated their record and changed the number.
- they're not updating their record, the state of Florida, updated their record and changed the number.
- I think that's something that the legislators have been discussing and working on.
- for the upcoming 2026 legislative session, Mr.
Summary:
The Committee on Ethics and Elections met with a quorum present and took up Senate Bill 62 by Senator Errington, which would create an enforceable requirement that partisan candidates meet the 365-day party affiliation or no-party registration requirement before qualifying. The committee adopted an amendment changing the effective date to upon becoming law, heard no opposition, and then approved the bill. The committee also approved a slate of 15 gubernatorial nominees en bloc and recommended them to the floor.
The Florida Supervisors of Elections presented their 2026 legislative priorities. Their requests included automatically updating voter records when DHSMV changes driver license numbers, treating verified petition signing by inactive voters as voter activity that restores active status, adding election equipment and ballots to the state’s critical infrastructure protections, clarifying public-records treatment of election worker names and addresses, allowing more flexibility for early voting sites when a supervisor’s office is not suitable, eliminating the need for provisional-ballot envelopes when polling hours are extended by emergency order, and allowing vote-by-mail voters to remain on the list for the next general election unless they opt out. Senators asked questions about inactive voter status, security implications, early voting site requirements, and vote-by-mail renewal, and several members expressed support or interest in the supervisors’ proposals.
During public testimony, several speakers urged stronger election-integrity measures, including proof of citizenship, tighter chain-of-custody controls, more hand-counting or manual audits, quarterly list maintenance, and reduced reliance on vote-by-mail and voting machines. They also criticized current audit systems and cited outside reports and research they said showed vulnerabilities in Florida’s election process. No additional committee action was taken after public testimony, and the meeting adjourned.
MN
Transcript Highlights:
- I'll run through that real legislation.
- So, it's a well-needed update. It's a well-needed update. Further discussion to the bill.
- <00:49:01.760>
So, statute was updated was in 1985. So, statute was updated was in 1985. - <00:49:04.000>
Wita, it's a well um needed update. Wita, it's a well um needed update. - Committee on Rules and Legislative Committee on Rules and Legislative Administration.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Municipalities and Regional Government Jun 21st, 2026 at 01:00 pm
Joint Committee on Municipalities and Regional Government
Transcript Highlights:
- I've been working on this legislation for four years.
- I've been working on this legislation for four years.
- I'm pleased to say that in December of '24, the NPNEDC completed its update to the enabling legislation
- on that legislation.
- on that legislation.
Summary:
The Joint Committee on Municipalities and Regional Government held its first hearing of the year and took testimony on a large slate of home rule petitions and related local bills. Early testimony focused on H. 2314 for the Dukes County Regional Lockup Fund, with supporters from Martha’s Vineyard saying the island’s lockup is essential to local policing and that the fund would be supported by town assessments rather than state money. The committee also heard support for S. 21, a Nantucket bill to amend the Nantucket Planning and Economic Development Commission, and for several local governance measures including Akushnet’s charter change to remove a two-year waiting period for former officials taking appointed paid positions, Rochester’s governance reform bill defining the town administrator’s role, Berkeley’s proposal to convert the treasurer-collector position to an appointed office, Hanson’s permitting enforcement bill, and a Wellfleet bill authorizing a lease for the food pantry.
A major portion of the hearing centered on S. 21 for Nantucket, with witnesses sharply divided. Supporters argued the commission needs broader representation, more transparency, and a structure that better reflects town meeting votes, citing repeated town meeting approvals and frustration with delays in bringing reforms forward. Opponents, including current commission members and staff, said the existing commission is already working on its own reform proposal, that the bill was advanced without sufficient collaboration, and that elected seats and term limits would narrow participation and complicate the commission’s advisory role. Committee members questioned both sides about the town meeting process, the commission’s responsibilities, and the timing of competing proposals.
The committee also heard testimony in favor of a bill allowing the Cotuit Fire District to pursue source-water protection projects on private property with owner consent, citing concerns about aquifer contamination and rising treatment needs, and in support of legislation requiring AEDs, with a Norfolk County register of deeds describing the low cost and life-saving value of the devices. Another witness spoke in favor of a regional commission proposal for Middlesex County, arguing that local communities need stronger regional planning tools to address development and environmental pressures. No votes were taken on the bills during the hearing; the chair later read many additional bills into the record and then adjourned the meeting.
KY
Kentucky 2025 Regular Session
Legislative Oversight & Investigations Committee (8-29-25)
Transcript Highlights:
- look forward to the upcoming legislative look forward to the upcoming legislative session.
- <01:21:46.400>
security division reviewed and updated security division reviewed and updated - updated instant report form. updated instant report form. Slide<01:26:46.719>
14. - 2025 legislative sessions. 2025 legislative sessions.
- process, DJJ also received updated process, DJJ also received updated facility<01:32:19.440>
Keywords:
Call to Order and Roll Call- 00:00:03
Approve Minutes from July 10, 2025- 00:02:41
Statewide Emergency Responder Voice System Testimony- 00:03:38
Investment of State Funds- 00:46:13
Department of Juvenile Justice Update- 1:11:34
Adjournment- 1:54:08, 958, all
Summary:
The committee opened with roll call, welcomed a new member, approved the July meeting minutes, and then took up testimony on the statewide emergency responder voice system, also described as the state police radio system replacement project. John Hicks, secretary of the governor’s executive cabinet and state budget director, testified that the project is unusually complex because it combines multiple IT replacements, land acquisition, and tower construction. He said the existing system dates to the early 1970s and that the administration is treating the project as a priority, with work proceeding in phases and weekly coordination among the Justice Cabinet, Kentucky State Police, and Finance and Administration Cabinet.
Hicks said the project has already spent about $110 million, with nearly 1,900 portable radios acquired, microwave replacement completed at 56 sites and underway at 76 more, and routers, switches, and network upgrades addressed. He explained that because the State Police are not set up to handle real property work, the administration brought in outside real property consulting vendors through an RFP, and three vendors are now qualified to help identify and negotiate sites. He said the goal is to speed up land acquisition and tower construction while the State Police continue the technology work, and he emphasized that the project is intended to close coverage gaps for state police first and later benefit local governments and other first responders.
Members of the committee expressed concern about the project’s cost and pace. Representative Petri noted that about $218.8 million has been authorized since 2018 and questioned whether the project could stretch into 2030 or later, asking what more the General Assembly could do to help. Representative Blandon also raised concerns about the long timeline and the risk of the project becoming another costly, delayed infrastructure effort, while asking when the vendor RFP was completed and whether any sites had been acquired since then. Representative Sharp asked whether there was a detailed plan and timeline, and Hicks responded that the technology side is well defined but the property acquisition side must proceed site by site because each location depends on ownership, access, power, and other factors. Hicks said the west-to-east phasing has been a smart approach and that the executive branch should improve performance to beat the current timeline expectations.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Health Services (9-16-25)
Transcript Highlights:
- <00:03:56.319>
and organization for legislators and organization for legislators and legislative - and strengthen the state legislative and strengthen the state legislative institution. institution
- ,<00:36:03.760>
including <00:36:04.240>legislation legislation, including legislation - legislation, including legislation related<00:36:05.200>
to <00:36:05.520>response <00:36 - updating us. updating us. >> Yes,<01:57:06.480>
thank <01:57:06.639>you.
Summary:
The committee met and approved the minutes from its August 27 meeting. It then received a presentation from Katherine Castanza of the National Conference of State Legislators on the Medicaid provisions in the 2025 budget reconciliation bill, referred to as HR1. She explained that the bill is estimated by CBO to save the federal government $911 billion over 10 years, with more than 20 Medicaid-specific provisions, most of the savings concentrated in five policies and largely backloaded into 2030-2034. She emphasized that the bill’s effects will vary by state, but that expansion states and hospitals are expected to be most affected, in part because of changes to eligibility, provider taxes, and state-directed payments.
Castanza highlighted several new funding and flexibility provisions, including a $50 billion Rural Health Transformation Fund for 2026-2030 and a new home- and community-based services waiver option effective July 1, 2028, with $100 million in grants in fiscal year 2027. She also outlined major eligibility changes for Medicaid expansion adults: work or community engagement requirements effective January 1, 2027; twice-yearly redeterminations for the expansion population effective the same date; and new cost sharing for certain expansion adults effective October 1, 2028. She noted that Kentucky, as an expansion state, would be subject to these changes and that state agencies would face significant implementation demands, especially because federal guidance and timelines are tight.
A substantial portion of the presentation focused on financing changes. Castanza described new limits on provider taxes, including a 0% safe harbor for new taxes and a phased reduction for existing taxes in expansion states beginning in 2028, while nursing facilities and intermediate care facilities are exempt from the reduction if already taxed. She also explained that state-directed payments will be capped and phased down over time, with existing arrangements grandfathered only briefly; she said Kentucky has 11 approved state-directed payments and could see significant fiscal effects. She added that the bill also bars Medicaid payments to Planned Parenthood or similarly situated providers for one year, changes immigrant eligibility rules effective October 1, 2026, lowers the federal match for certain emergency services, and expands the scope of the federal erroneous payment recoupment provision effective October 1, 2029. Throughout, she stressed that federal savings may translate into state cost shifts and that implementation timing will be critical.
NM
New Mexico 2026 Regular Session
Other - PSCOC Apr 22nd, 2026
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- First, the sources and uses update.
- First, the sources and uses update.
- Next, we have about four out-of-cycle updates.
- Next, we have about four out-of-cycle updates.
- PSCOC is considered a stakeholder; the task force, legislators legislative staff, and then folks in the
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:00 am
Joint Committee on Financial Services
Transcript Highlights:
- This legislation and the commensurate reforms it embodies are even more necessary now, given federal
- This legislation reflects the work of significant consensus-building last session.
- The proposed legislation comes before you with four sections that includes language from past session
- Massachusetts last updated its UCC more than 10 years ago, in 2013.
- These updates are important for State Street and for our ability to serve our clients.
Summary:
The Committee on Financial Services heard testimony on several bills focused on consumer debt, mortgage regulation, credit unions, and foreclosure prevention. The Attorney General’s Office strongly supported the Debt Collection Fairness Act (S. 735/H. 1275), saying it would curb abusive debt collection, prevent stale claims, limit civil arrest warrants, modernize wage garnishment rules, and reduce judgment interest rates. Senator Eldridge and legal aid advocates echoed that support, while the Massachusetts Bankers Association and the Massachusetts Mortgage Bankers Association supported bills on credit union mission/competition, consumer privacy in mortgage applications, subprime loan definitions, UCC updates, and protections for vulnerable adults, but opposed foreclosure mediation proposals and several credit union expansion measures, arguing they would distort competition and add unnecessary burdens.
A large portion of the hearing focused on foreclosure prevention bills (S. 765/H. 1090), with testimony from homeowners, housing organizers, and legal advocates describing predatory lending, confusing servicing practices, health harms, and displacement caused by foreclosure. Supporters said a statewide pre-foreclosure mediation program would give borrowers and lenders a chance to reach alternatives such as loan modifications or repayment plans, and cited local experience in Lynn where mediation reportedly produced high rates of foreclosure alternatives. Opponents from the banking industry argued Massachusetts already has strong foreclosure protections and that a new mandatory process could delay resolution without added benefit, though they also noted a 2024 pilot should be evaluated first.
The committee also heard strong support for H. 1282/S. 684, which would update the Massachusetts Uniform Commercial Code. State Street and a bankruptcy attorney said the changes are needed to keep commercial law current with electronic transactions, tokenized assets, and blockchain technology, and to maintain competitiveness with other states. The hearing concluded after public testimony, with no bill votes taken during the session; the chair thanked speakers and the committee voted to adjourn.
MA
Massachusetts 2025-2026 Regular Session
Status of Persons with Disabilities Jun 21st, 2026 at 11:00 am
Transcript Highlights:
- Well, as you know, we use this time to update you and hear from you.
- And I'm going to turn it over to each subcommittee chair for their updates for this group.
- So, one of our... ...updates that you gave us, but also want to say that Colin is terrific.
- So that concludes my update. If anybody has any questions, please feel free to ask.
- Any other updates or comments, or any initiatives you want to share?
Summary:
The Massachusetts Permanent Commission on the Status of Persons with Disabilities met virtually and in person for its June meeting. Members approved the March meeting minutes and heard a chair’s report on recent “Meeting the Moment” community conversations, including the successful Lowell event and plans for a July 14 Northampton event and an October National Disability Employment Awareness Month celebration at the State House. The October event will include a panel with MassAbility on artificial intelligence and its impacts on people with disabilities, with discussion of both accessibility benefits and risks such as bias and discrimination.
A major presentation came from the Supplier Diversity Office on its Empowering Abilities in Contracting and Employment (EAC) program. Staff described the program’s evolution from a pilot launched after 2016 legislation to a statewide policy now included in new state contracts. The program aims to increase certification of disability-owned and service-disabled veteran-owned businesses, expand workforce participation by people with disabilities, and use vendor reporting to track progress toward a 3% workforce goal. The office reported about 292 active certified businesses, roughly 40 vendors currently on EAC contracts, and expectations that the number of participating vendors will grow to about 130 by November. Commissioners praised the program and asked about its reach, data, and potential replication in other states or institutions.
The advisory council update highlighted broad engagement across topics including accessibility, employment, youth transition, housing, health equity, transportation, technology, AI, and supported decision-making. Members were asked to share fact sheets and resources for posting on the commission website, and two council members will help plan the October employment event. Subcommittee reports followed: the employment subcommittee reviewed transition-to-employment barriers, the disability employment tax credit, veteran services, and a SEED policy brief; the workforce supports subcommittee discussed apprenticeships and a May webinar on addressing workforce barriers through apprenticeships; and the long-term services and supports/health equity subcommittee heard about care coordination training resources and a presentation on post-COVID health care inequities for people with disabilities. The executive director also reported on ongoing work with state agencies, MassHealth-related conversations, caregiver and aging issues, and AI planning. The meeting ended with commissioner announcements on the Paul Spooner Generational Leadership Summit and a Medicaid summit, followed by adjournment by vote.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (9-23-25) - Reupload
Transcript Highlights:
- Um, just going to jump in today and give you a quick update.
- So that was just tremendous legislation.
- Thank you for that update. Is there any questions on the update? We're good.
- Thank you for that update. Is >> Awesome. Thank you for that update.
- there any questions on the update? there any questions on the update?
Keywords:
Meeting Start: 00:00:35
Attendance Roll Call: 00:00:55
Approval of Minutes: 00:02:56
Deferred Compensation Authority Update: 00:03:12
Retiree Health Update - TRS: 00:15:58
Retiree Health Update - KPPA: 00:56:13
Adjournment: 01:20:33, 958, all
Summary:
The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed.
Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees.
Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible.
Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.
LA
Louisiana 2026 Regular Session
Louisiana Advanced Aviation and Drone Advisory Committee Jun 17th, 2026
Transcript Highlights:
- We'll add legislative briefing to the agenda. Okay. Any other additional items?
- I just reiterate a thanks again to the legislation governor on it.
- But that's the sort of discussions we'll have developing the legislation.
- But that's the sort of discussions we'll have in the legislation. Yes, sure. Mr.
- When we start developing with the legislation, like I've... ...with the legislation, like I belong to
Summary:
The Louisiana Advanced Aviation and Drones Advisory Committee met and was told this would likely be its final meeting because the committee sunsets after the 2026 regular session unless legislation reconstitutes it. Members discussed the need to reduce the committee’s size and adjust quorum rules so it can function more reliably, and they later adopted a motion supporting reconstitution of LADAC with a smaller membership and new appointments effective July 1, 2027. The committee also approved the June 2025 minutes and added a legislative briefing item to the agenda.
Under subcommittee and project updates, members heard about the new counter-drone effort tied to House Bill 940 and the “Let’s Go” initiative, which would create a joint task force of State Police, sheriffs, and municipal police chiefs to develop training standards and equipment standards for counter-UAS work. The committee also received a briefing on the state’s advanced air mobility work from newly named Advanced Aeronautics Director Josh Deplanis, including Louisiana’s selection for the FAA’s eVTOL/AAM Integration Pilot Program, branded “Lift Off Louisiana,” and the development of a statewide strategic plan covering airspace integration, vertiport infrastructure, charging networks, economic development, education, and community engagement.
Deplanis and members emphasized that Louisiana is among a small number of national EIPP sites and that the state’s proposal is notable for also addressing international airspace and “high seas” operations beyond 12 miles offshore, which could help inform FAA and ICAO policy. Members praised the state’s leadership, the work of DOTD, OMC, GOSEP, State Police, and legislative partners, and noted the potential economic importance for oil and gas logistics and other advanced aviation uses. No public testimony was offered, and the meeting adjourned after the committee’s votes and updates.
MN
Transcript Highlights:
- in 2026. 201 legislators will be up for um<00:26:09.679>
election. - Chair. make sure it's updated at least twice make sure it's updated at least twice annually<00:57:32.400
- should update it? Senator Wesley. Mr. should update it? Senator Wesley. Mr.
- Um, but I don't update the the handbook.
- codified and updated by this bill. codified and updated by this bill.
NH
New Hampshire 2025 Regular Session
Capital Project Overview Committee (02/24/2025)
Transcript Highlights:
- What's the new update rather than just dump it in here because I have no idea what this says.
- what's the new update um rather than<00:11:02.639>
just <00:11:02.880>dump <00:11:03.120 - This is a great little hand guide, this legislative review 001.
- It says any other use of toll credit shall require approval of the Joint Legislative Capital Projects
- If we pick the 23rd, I won’t be here—that’s the Legislative Golf Classic day.
Summary:
The Capital Project Overview Committee held an organizational meeting. Members elected Rep. Miltz as chair and later nominated Sen. Mark McConkey as vice chair, but that appointment was carried over because he was not present to accept it. Mike Edgar was nominated and accepted as clerk. The committee also adopted its procedures and guidelines, which set deadlines for agencies to submit capital project materials and establish reporting thresholds intended to keep small projects out of the quarterly report.
The main discussion centered on the Department of Administrative Services’ quarterly capital budget project report for the quarter ending December 31, 2024. Staff explained that the report compiles statewide capital projects under the committee’s guidelines and includes new projects plus large DOT projects. Several members raised concerns about projects listed as on hold or lacking updates, including the Big E agricultural building rebid, a prison woodworking facility, Pease pier projects, the General Sullivan Bridge removal, Sunapee State Beach parking lot work, and a closed-loop referral contract. Members asked for better status updates, especially on projects with no agency response, and the chair said agencies could be asked to appear before the committee if needed.
Members also discussed the governor’s proposal in HB 2 to change the report from quarterly to annual. Several members opposed the change, saying quarterly reporting is more useful for oversight, and suggested the committee ask Finance to remove that section or consider raising the reporting threshold instead. There was also discussion of toll credits, with staff explaining that any other use of toll credits requires committee approval, and of the Department of Corrections’ prison planning funds, including $50 million currently available for site feasibility and design work. The committee agreed to schedule its next meeting for April 14, with June 23 to be revisited later, and then adjourned by voice vote.
TX
Texas 89th Regular
Appropriations - S/C on Articles I, IV, & V Mar 5th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- That's, this rider is essentially giving that legislative direction to them.
- And those funds were available through the RTE process to fulfill legislative requirements.
- Y'all have updated, y'all worked with TIDC on updated cost estimates for the shortfall this biennium,
- There was an initiative last legislative session.
- with updated LBB projections.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Apr 29th, 2026
Transcript Highlights:
- that we maintain in any updated system.
- Trailer legislation included in the 2025–26 budget package requires the State Board to update the performance
- Natalie Gonzalez with the Legislative Analyst's Office.
- Jennifer Pichella from the Legislative Analyst's Office.
- You could update it, make some refinements to it.
AZ
Arizona 2026 Regular Session
06/01/2026 - Joint Legislative Audit Committee
Joint Legislative Audit Committee
Transcript Highlights:
- The Joint Legislative Audit Committee is called to order. The Secretary will note the role.
- We went to update it to update membership. Oh, update membership.
- Yes, Chairman, I have spoken with the legislative auditor from the state of Minnesota.
- The district's corrective action plan and first quarterly update are provided in...
- When I received the updated letter for the date, it had always been 1 o'clock.
MN
Transcript Highlights:
- Know what you run into in legislation.
- If we look at Section 2, it gives updates and definitions.
- We collectively did the work, and the product is this legislation.
- Last year, as Representative Bonner spoke to, legislation was passed to enact consensus legislation to
- Additionally, the regulation of HMOs is updated.
AZ
Transcript Highlights:
- Years, over 25 years, since we've updated these values.
- years over 25 years since we've updated these values.
- Thank you again for the record, Representative Justin Olson from Legislative District 10.
- Collectively, these updates reduce burdens for consumers and streamline credit union operations, update
- It comes from model legislation from NCOIL.
Bills:
HB2016, HB2104, HB2105, HB2174, HB2256, HB2289, HB2477, HB2903, HB2939, HB2979, HB2996, HB4103
Keywords:
tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy May 19th, 2026 at 10:00 am
Select Committee on Pension Policy
Transcript Highlights:
- This selection is from the legislative intent section.
- That will only put you in contact with the legislative members as opposed to the non-legislative members
- So for the legislative members, we're linking to your official bio page.
- So your official legislative bio, or official legislative web page, will be linked there.
- For the non-legislative members, only your names will appear there.
Summary:
The Select Committee on Pension Policy approved its minutes by roll call vote, then postponed an OSA annual update due to a family emergency. The committee received an Open Public Meetings Act refresher from Assistant Attorney General Kate Adams, who reviewed key compliance points including quorum and serial meetings, notice and agenda rules, executive session limits, public comment requirements, and the consequences of violations. She also noted a litigation hold notice sent to members and provided resources for further guidance.
Staff then briefed the committee on E2 Second Substitute House Bill 2034, which restates and terminates LEOFF 1 on June 30, 2029, creates a restated LEOFF 1 funded by transferred assets, and places excess assets into a pension surplus holding account that could later be used by the state. The bill requires DRS to seek IRS guidance, directs OSA to calculate the transfer amount and assess any future unfunded liability, assigns implementation duties to DRS, OSA, the Pension Funding Council, the State Investment Board, and the Treasurer, and requires two SCPP studies on LEOFF 1 medical benefits and policy oversight. OSA’s actuary estimated the transfer to the surplus holding account at about $3.9 billion under current assumptions and said the bill increases the modeled chance of future state contributions if the restated plan falls below 100% funded; members asked about IRS timing, the 2029 transfer date, and whether the 110% buffer is sufficient.
The committee also received an update on the LEOFF 1 medical benefits study required by the bill. Staff said the study will examine the administration of pension boards and medical liabilities, likely focusing on medical benefits, and will gather anonymized data from local boards, cities, counties, and related agencies over the next three years. Members and public commenters discussed the number and structure of local boards, whether spouses receive medical benefits, and the possibility of regionalizing or consolidating administration. No action was taken, but staff said they would return with milestones and further updates.
Finally, staff outlined a possible Plan 3 study, prompted by DRS, to evaluate whether the original goals of Plan 3 have been met after 30 years. The proposed study would review historical context, member choice outcomes, policy questions, and possible recommendations over a two-year period. The committee also heard an update on new correspondence procedures, including a new online web form, a correspondence log in meeting packets, and removal of correspondence from the public website. During public comment, retiree groups urged the committee to pursue an ongoing COLA for PERS and TRS Plan 1, with interim ad hoc COLAs until then, while LEOFF 1 retirees urged caution about changing the current board structure and emphasized the complexity of medical benefit administration.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Jul 18th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- That actually passed in 2005 during that legislative session.
- Legislative session, the last two legislative sessions, we have had legislation to provide funding.
- Yes, we’re on page six right now, so a few agency updates.
- Can you just clarify what that legislation was?
- Oh sure, but as part of it, As for the update, we will be discussing our legislation.