Transcript Highlights:

• , environmental studies for uh the design, environmental studies for uh the archives.<01:09:19.279><c
• OHA adopted a ban as part of its legislative package following testimony from beneficiaries about the
• OHA adopted a ban as part of its legislative package following testimony from beneficiaries about the
• OHA adopted a ban as part of its legislative package following testimony from beneficiaries about the
• and so the study needs to be designed appropriately<02:19:23.359><c> for</c><02:19:23.599><c> each</

Summary: The committee took up Senate Bill 3019, which would cap ticket resale prices at face value for events in Hawaii and authorize DCCA to enforce violations. DCCA’s Office of Consumer Protection opposed the bill and said it preferred a ticket transparency approach focused on upfront disclosure of fees, while supporters argued the measure would curb scalping, bots, and extreme markups. Testimony from the National Independent Venue Association and a concert promoter emphasized that resale does not add inventory and said the bill would protect consumers; committee members questioned DCCA about enforcement and cited examples of very high resale prices for local concerts. No vote was taken in the excerpt, and the chair said the measure would be moved along for further consideration. The committee then heard Senate Bill 3311, which would create the Strengthen Hawaii Homes Program within DLNR to fund fire-mitigation grants for residential property owners. DLNR supported the bill, saying the need is immediate and that the program is modeled on successful mainland efforts, though the department said it ultimately belongs under the State Fire Marshal once that office has capacity. DCCA’s Insurance Division submitted written comments only. The measure was received without further action in the excerpt. Senate Bill 2979, authorizing DLNR and community-based organizations to enter community co-management agreements for state lands, drew broad support from OHA, community groups, and several individuals, who said the bill would formalize partnerships, strengthen shared responsibility, and help community stewardship efforts. Testifiers clarified that the bill does not require 65-year agreements and said the term should be left to DLNR’s discretion. The committee then moved on without questions or a vote shown in the excerpt. Finally, the committee heard Senate Bill 2351 on the state park special fund, which would allow DLNR to use fund monies for environmental protection programs. DLNR’s state parks administrator opposed the bill, saying the special fund is already fully committed to urgent maintenance and infrastructure needs across an aging park system, and warned that diverting money would weaken the fund’s ability to support parks. The Tax Foundation also submitted written testimony, and a community witness opposed the measure for similar reasons. The excerpt ends as the committee begins Senate Bill 2918, which would require HCDA to establish a community action center in Chinatown; HCDA’s executive director expressed concern about jurisdiction and said the city and county should continue leading that work.

Transcript Highlights:

• And so the main message of my testimony to you today is that the decisions about the market design of
• Because the question of how much comes into the GGRF is dictated by the market design of the program
• We have been the beneficiaries of approximately 15% of continuously appropriated cap-and-trade funds.
• And if you want to make that more certain, you may need to consider changes to the market design.
• Changes to the market design. The only difference I would express with respect to Dr.

Summary: The Budget Subcommittee No. 4 hearing focused on the Greenhouse Gas Reduction Fund (GGRF) and cap-and-trade reauthorization, with members and panelists discussing how to balance climate goals, affordability, and legislative oversight. The chair emphasized the hearing as a broad review of past GGRF spending and future options, while the LAO outlined how GGRF revenues are generated, how variable they have been, and the tradeoffs between continuous appropriations and annual budget control. Two academic panelists, Dr. Kyle Meng and Danny Cullen Ward, argued that cap-and-trade remains an effective climate policy, but stressed that future revenue will depend heavily on market design, allowance allocation, and price levels. They also raised the idea that GGRF could be used more directly for affordability, especially by lowering electricity costs, and for targeted investments in technologies that the market would not otherwise support. Committee members pressed the panelists on where revenues come from, how much has actually been spent, and whether continuous appropriations reduce oversight. CARB staff said more than $33 billion has been generated to date and a little over $11–12 billion has been spent, with the rest committed or in process, and noted that project timelines can be lengthy. Members also asked about ways to lower electricity rates, reduce wildfire-related utility liabilities, and support electrification. The panelists said transportation fuels are the largest source of GGRF revenue, that industrial emitters receive a smaller share of free allowances, and that reducing wildfire liability and investing in grid-scale batteries could help lower costs and speed decarbonization. Public commenters largely urged the Legislature to preserve or expand continuous appropriations for specific climate programs. Speakers supported funding for nature-based solutions, natural and working lands, urban greening, agricultural climate solutions, waste and composting programs, clean transportation, AB 617 community air protection, clean cars, transit, affordable housing near transit, and dairy digesters. Several groups argued these programs are cost-effective, provide public health and affordability benefits, and should receive dedicated shares of GGRF. Others urged reducing free allowances and using more GGRF revenue to directly lower energy costs for households. No votes were taken during the hearing.

Transcript Highlights:

• This bill simply provides for a public records exception to keep confidential the blueprints, plans, designs
• The blueprints, plans, designs, technical data, operational documents, security information, and any
• So the Micho facility that currently exists, it did participate in some of the designs and designing
• So the Micho facility that currently exists, it did participate in some of the designs and designing
• And also, deceased beneficiaries, $9.5 million for people who are deceased.

Committee: House House and Governmental Affairs

Summary: The committee first heard HB 1071, which creates a public records exception for certain aerospace facility and activity records, including blueprints, plans, technical data, operational documents, and security information tied to federally regulated work and contracts with the U.S. Department of War or intelligence agencies. The sponsor and several members emphasized protecting Louisiana aerospace and defense-related work, and the bill was reported favorably without objection. The committee then took up HB 181, as amended, which authorizes the legislative auditor to review confidential income tax records to help LDH verify Medicaid eligibility, and, after amendment, SNAP eligibility as well. Supporters said the bill would help identify ineligible recipients, reduce fraud, and improve the state’s error rate to avoid federal penalties; opponents argued tax returns are outdated and unreliable for current eligibility, could create false flags, and might burden or discourage eligible low-income residents. After extensive debate, the committee adopted Amendment Set 2633 and reported HB 181 favorably by a 10-6 vote. Later, the committee considered HB 250, which removes the requirement that immediate family members of appointed board or commission members disclose certain employment information, while leaving existing ethics prohibitions in place. The Ethics Board said the bill would not change substantive conflict-of-interest rules, only the disclosure requirement, and the bill was reported favorably as amended. HB 544, authorizing a citizen’s advisory referendum election, was briefly explained as a nonbinding, petition-driven local ballot question process, but the sponsor deferred it for further consideration and the committee deferred the bill. The committee also heard HB 1036, which clarifies when a group is considered a “committee” for campaign finance purposes by using a more objective spending threshold rather than the current “primary purpose” standard. Ethics officials said the change would give clearer investigative guidance without changing other disclosure rules, and the bill was reported favorably. Finally, HB 210 was amended to address retroactivity concerns in a prior ethics-related provision affecting school board and local governing authority members employed by entities with contracts or business before June 5, 2024; the amendment grandfathered earlier situations while requiring disclosures going forward, and the bill was reported favorably as amended.

Transcript Highlights:

• Audits are not a weapon; they're simply to show whether a system is operating as designed or if it's
• to identify that defect and assist the operator in correcting the defect so that it operates as designed
• It does not have any design scope to go and look a step further at those. ...have any scope to go and
• And so this audit scope will contemplate looking at these providers as recipients, as beneficiaries,
• and review district documentation that demonstrates corrective actions are in place and working as designed

Committee: Joint Joint Legislative Audit Committee

Summary: The committee first heard an update on Topok Elementary School District’s long-running noncompliance with Arizona’s Uniform System of Financial Records. The Auditor General’s office explained the USFR noncompliance process and reported that Topok had made substantial progress, correcting many deficiencies in areas such as open meeting law, procurement, payroll, attendance reporting, property control, and information technology. The district’s superintendent and staff described the corrective actions they had taken, the use of outside consultants, and their plan to maintain compliance through stronger leadership, training, and consistent procedures. Members praised the district’s progress and asked about the remaining deficiencies and the status of the 3% state-aid withholding, which the Auditor General said would be addressed by the State Board of Education. The committee then considered a request for a fourth school safety special audit, tied to concerns raised by Representative Martinez about Phoenix Union High School District and school violence response practices. The Auditor General said the proposed audit would be a new topic focused on policies and procedures for responding to credible threats of violence and allegations of staff misconduct affecting student safety, and could include Phoenix Union in the sample. Representative Martinez described a fatal 2024 shooting, weapons incidents, and concerns about district oversight. The committee approved the motion 10-0. Next, staff presented the fiscal years 2027-2028 school district performance audit schedule, describing 26 randomly selected school districts and career and technical education districts, plus 84 planned follow-ups. The Auditor General said the schedule is intended to shorten the average time between audits and that the school audits division is now fully staffed. Members asked about county coverage and the inclusion of ESA accountability, but the schedule was ultimately presented for review rather than approval. The committee also heard a detailed federal compliance audit presentation on the Child Care and Development Fund (CCDF) administered by DES. The Auditor General reported repeated findings involving missing provider documentation, questioned costs, and FFATA reporting errors, including a 2024 sample that led to questioning $2.88 million in costs. The office recommended stronger documentation, record retention, reporting procedures, and staff training; DES concurred and said it would correct the findings in 2026. Members discussed the limits of the single-audit scope, the possibility of a broader special audit, and the federal government’s recent actions on CCDF oversight in other states. Finally, the committee considered and discussed a special audit request for CCDF that would broaden review to provider oversight, licensing, site visits, and billing accuracy across multiple state agencies, with estimated costs of $547,000 to $625,000 and a projected report date of July 31, 2027.

Transcript Highlights:

• Glorioso’s question, this is the sort of emerging demand that the talent accelerator is designed to respond
• They're working on particular gigs, you know, that kind of thing, whether it's, I don't know, graphic design
• I don't know, graphic design, or it's consulting or what have you.
• I think the biggest beneficiary is a company like Uber, Lyft, other kind of app-based gig employers in
• This bill is designed to give the same protection to the employee of the independent contracting company

Committee: House Labor & Industrial Relations

Summary: The committee first adopted prior meeting minutes and voluntarily deferred three bills before taking up House Bill 232, which would shift the employment-certificate process for minors away from school boards and to Louisiana Works. Rep. Carlson said the bill is intended to reduce burdens on schools and make it easier for 16- and 17-year-olds to work, especially in the summer. A youth advisory council testified in support, describing the current process as cumbersome for students and families. The committee adopted amendments, including a change making the bill effective upon the governor’s signature, and then reported HB 232 favorably with amendments. The committee next considered House Bill 951, creating an Office of Talent Accelerator within Louisiana Works and a Business Workforce Committee to coordinate employer-facing workforce services. Rep. Bamberg and Secretary Susie Schowen described it as a centralized, regional, business-facing effort to respond more quickly to workforce needs tied to major economic development projects, while also supporting existing small and mid-sized businesses. Supporters, including Bollinger Shipyards and Leaders for a Better Louisiana, said similar models in Mississippi had helped expand training pipelines and better match employers with workers. The committee adopted a large amendment set and reported HB 951 with amendments. House Bill 923, a cleanup measure reorganizing Louisiana Works statutes and updating language after last year’s agency restructuring, was then adopted with technical amendments and reported with amendments. The committee also took up House Bill 301, which would create a voluntary portable-benefits framework for independent contractors and gig workers. Supporters said it would give contractors a way to negotiate benefits such as health care or retirement contributions, while opponents warned it could encourage misclassification, weaken workers’ compensation protections, and shift costs to workers and the state. After debate, the committee adopted amendments and reported HB 301 with a 6-5 vote. Finally, House Bill 185 was introduced as a workers’ compensation measure to expand the definition of independent contractor and restore tort immunity for employers in certain contract-labor situations. The sponsor said it was part of the Attorney General’s package and aimed at addressing a recent court decision; the bill was just beginning discussion when the transcript ended.

Transcript Highlights:

• So the reality is that the Missouri marijuana program, one of its principal beneficiaries, are veterans
• That was designed to give, you know, an... Not effective until November 12th.
• That was designed to give, you know, an opportunity for some wind down of the business.
• And within the subheadings of both of these sections, you have a designation of any amount of carfentanil
• And within the subheadings of both of these sections, you have a designation of any amount of carfino-nol

Committee: House Crime and Public Safety

Transcript Highlights:

• It was designed to make us all feel uncomfortable because I felt it's helpful to be open and it's helpful
• you for acknowledging we cannot accept a learning environment that is zero-sum, that is biased by design
• agencies, nonprofits, and other stakeholders about actions that may affect fire hazard severity designations
• agencies, nonprofits, and other stakeholders about actions that may affect fire hazard severity designations
• As a personal beneficiary, my mother, who has Alzheimer's, and my father, who has been her caregiver

Summary: The Assembly convened after a quorum call, prayer, and Pledge of Allegiance, then moved through a long daily file with numerous guest introductions and recognitions, including tributes to outgoing University of California President Michael Drake, student and community advocates, and visitors connected to foster care, military appreciation, and college savings. The chamber also took up several procedural items, including concurrence in Senate amendments to ACR 75 on California Farm Week, which passed 59-0. Members then adopted AJR 7 on protecting federal special education funding and services for students with disabilities, with broad bipartisan support and a 65-0 vote after 63 co-authors were added. The Assembly also adopted ACR 82 recognizing Foster Care Month and ACR 85 recognizing 529 College Savings Day by voice vote after adding co-authors, and ACR 89 recognizing Military Appreciation Month, also adopted by voice vote after co-authors were added. These resolutions featured testimony and remarks emphasizing support for vulnerable children, foster youth, military families, and access to higher education. On policy bills, the Assembly passed AB 929 on groundwater and managed wetlands (41-14), AB 1026 on utility connection timelines for housing projects (52-0), AB 1332 on direct shipment of medicinal cannabis under specified conditions (55-0), AB 1356 on follow-up reporting in DHCS death investigations at treatment facilities (54-0), and AB 671 on streamlining restaurant openings through self-certification of certain plans (62-0). The chamber also approved AB 715 on anti-Semitism and school climate after extensive debate and cross-caucus support, 64-0, and AB 33 on autonomous vehicle deliveries requiring a human safety operator, 52-6. Later, AB 5 on election ballot-counting timelines passed 66-0, AB 27 and AB 28 addressing the Chiquita Canyon landfill disaster passed 61-0 and 44-6 respectively, and the Assembly began consideration of AB 43 to extend state authority over wild and scenic rivers.

Transcript Highlights:

• their property back to what it was before and get a surety bond with that landowner named as a beneficiary

Bills: HB4246 , HB4230 , HB3617 , HB3657 , HB2976 , HB3391 , HB4459 , HB4128 , HB3989 , HB2989 , HB4060 , HB3145 , HB2992 , HB3464 , HB4246 , HB4230 , HB3617 , HB3657 , HB2976 , HB3391 , HB4459 , HB4128 , HB3989 , HB2989 , HB4060 , HB3145 , HB2992 , HB3464

Committees: House Energy , House Energy and Natural Resources Oversight

Keywords: HB4246, water rights, rural water, wastewater, drinking water, environmental quality, DEQ, Oklahoma Department of Environmental Quality, Oklahoma Rural Water Association, technical assistance, water infrastructure, small systems, utility operators, emergency water response, nonprofit contractors, vendor qualification, competitive bidding, best value procurement, central purchasing act, rural utilities

Transcript Highlights:

• Bledsoe's points regarding the number of beneficiaries of that line of duty death benefit and particularly

Bills: HB227 , HB255 , HB465 , HB472 , HB482 , HB483 , HB526 , HB529 , HB484

Committee: House Ways and Means General Fund

Keywords: firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness

Transcript Highlights:

• heard about here this morning, and also building community-based housing that would utilize Universal Design
• and uh for the beneficiaries and uh for the distribution<01:04:48.359><c> of</c><01:04:48.599><c> this
• They then said they had a very difficult question: the committee is designed to raise money for the general
• So my very tough question is: should we have any money at all being designated through our tax law going
• be working together to ensure that charitable gaming continues to serve the very purpose it was designed

Summary: The committee held a public hearing on HB 530, a bill to increase funding for New Hampshire’s Affordable Housing Fund. Representative Jessica Lontine, the sponsor, described the state’s housing crisis, citing high rents, low vacancy, and the lack of affordable units. She said the bill would double the annual transfer-tax deposit into the fund from $5 million to $10 million, and she later presented an amendment to hold the Education Trust Fund harmless by directing the housing-fund deposit from remaining revenue after that trust fund is funded. She also explained a prospective appropriation idea tied to a possible future sale of the Laconia State School property, with the goal of supporting community housing for people with intellectual and developmental disabilities. Much of the testimony focused on the shortage of accessible and supportive housing for people with disabilities and aging family caregivers. Lontine, Ben Saul of Visions for Creative Housing Solutions, Lori McIntosh of Our Place NH, and Maddie Mandelbaum all described the difficulty families face in planning for adult children with disabilities as parents age or die. They emphasized that many people need not only affordable housing but accessible, supportive settings, and they argued that state investment would help nonprofit providers build such housing and prevent homelessness or inappropriate institutional placement. Several witnesses also noted that existing projects rely on capital funding and that operating revenues are limited because residents often depend on SSI and Medicaid. Committee members asked questions about the fiscal impact of the bill and amendment, including whether the proposal would shift money from the general fund or education trust fund and whether the Finance Committee should have final say over spending priorities. Lontine said she understood those concerns but argued that housing should be prioritized. Housing Action New Hampshire’s Tom Duroza also testified in support of the bill, saying the state’s housing shortage is driving record prices and vacancy rates below 1%, and that the Affordable Housing Fund has leveraged more than $500 million in private investment and helped build thousands of rental homes. He said his organization supported the underlying bill but had not yet reviewed the amendment. No vote or final action was taken at the hearing.

Transcript Highlights:

• be disproportionately served by hospitals, who are already more likely to be serving Medicaid beneficiaries
• It adopts an age-appropriate design code for New Jersey and requires certain online services to implement
• Its own title reveals that this legislation is designed not merely to protect patients from unlawful
• conduct, but to establish New Jersey... ...designed not merely to protect patients from unlawful conduct
• I don't think it's really designed to show a landlord how much they need to rent out... ...how much they

Transcript Highlights:

• </c><00:11:44.680><c> Um,</c> The CFTC had not yet designated that Bitcoin was a commodity, and, you
• And they would be the beneficiary of some of the benefits of both blockchain technology, you know, reducing
• And they would<00:13:15.080><c> be</c><00:13:15.160><c> the</c><00:13:15.280><c> beneficiary</c><00:13
• of</c><00:13:16.680><c> some</c><00:13:16.880><c> of</c><00:13:17.000><c> the</c> would be the beneficiary
• of some of the would be the beneficiary of some of the the<00:13:17.640><c> the</c><00:13:17.760><c>

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.

Transcript Highlights:

• Obviously, they'll help design the training for us alongside our higher education partners.
• You know, heretofore, I think we had too much focus on where academia designed the program, whether it
• I know that all of our programs by design are required to have industry presence.
• I know that all of our programs by design are required to have industry presence. by design are required
• And they have a certain amount of funds designated for their employees, but that goes very fast when

Committee: All ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE

Transcript Highlights:

• earned the designation but may never<03:57:28.160><c> see</c><03:57:28.479><c> any</c><03:57:28.800>
• </c> housing champion designated communities. housing champion designated communities.
• While the<04:30:06.880><c> beneficiaries</c><04:30:07.520><c> of</c><04:30:07.760><c> these</c><04:30
• may be the beneficiaries of these funds may be quite<04:30:09.359><c> worthy</c><04:30:09.680><c> of
• , shuttle designers, assembly technicians, contractors,<06:40:19.360><c> members</c><06:40:19.680><c>

Transcript Highlights:

• in place to make sure that, yes, this is really allowable for this grant, it was to an allowable beneficiary
• This is really allowable for this grant, it was to an allowable beneficiary, and it was paid to, or it

Summary: The meeting focused first on a legislative working group report created under House Bill 368 from the prior session on medical education in Idaho. The presenter described Idaho’s physician shortage, noting the state ranks 50th per capita in physicians and would need roughly 1,400 additional physicians to reach the national average. The group’s unanimous recommendations included maintaining current state-supported medical school seats, adding 10 new non-WAMI seats this year, expanding graduate medical education by 15 seats, prioritizing in-state training, and creating a dedicated health education coordination role to manage undergraduate and graduate placements, clinical sites, and data. Members discussed whether WAMI should also expand, the quality of WAMI graduates, the need for more clinical preceptors and residency sites, rural recruitment incentives, and whether the plan should include other health professions such as nurse practitioners and physician assistants. The presenter said the plan includes benchmarks and timelines, and estimated costs of about $350,000 for coordination, $350,000 to $485,000 for 10 new UME seats depending on placement, and $900,000 for the GME request. The committee then heard from Legislative Audit Division Manager April Renfro on the state’s 2024 single audit and related accountability work. She reported $5.4 billion in federal assistance audited, 21 major federal programs across 15 agencies, 45 findings, seven repeat findings, $2.4 million in known questioned costs, and $2 million in projected questioned costs. Major issues were concentrated at the Department of Health and Welfare, including Medicaid findings involving delayed health and safety surveys, managed care provider eligibility and roster controls, and capitation payments tied to ineligible members; Child Care and Development Fund reporting and cost-allocation errors; and repeat issues in vocational rehabilitation and low-income home energy programs. She also noted Department of Environmental Quality problems with indirect cost proposals and a duplicate grant draw, while Transportation had no findings. Members asked about accountability for repeat findings, the role of Luma in reporting errors, fraud detection, and how to prioritize corrective action; Renfro said agencies, federal management decisions, and legislative oversight all play a role, and she planned to send a prioritized list of key findings to the co-chairs. A later presentation by budget analyst Brooke Dupree introduced front-end reports in the legislative budget book, explaining state government structure, the constitutional limit of 20 executive departments, and how the Legislature uses decision units to build appropriations. She walked through the original appropriation, reappropriations, supplemental appropriations, and how those pieces roll into the current-year total appropriation, with members asking brief questions about departmental divisions and the budget model.

Transcript Highlights:

• of the retirement system must act solely in the interest of the Retirement Systems' members and beneficiaries
• of the retirement system must act solely in the interest of the Retirement Systems' members and beneficiaries

Summary: The committee first approved the minutes from its January 27 meeting and then took up House Bill 694, which would create a default rule for the Teachers’ Retirement System health insurance trust fund once it reaches 100% funding, currently anticipated around 2027. The bill would redirect two funding streams now going to the health trust—state payments on behalf of local districts and other employer contributions—into TRS pension benefits if the health fund reaches and maintains full funding. The sponsor said this would add about $154 million annually to TRS pensions and would only serve as a default if no other plan is adopted later. Members asked whether the bill would shift the unfunded liability to teachers or affect employee contributions. The sponsor and staff said it would not shift liability to teachers and would not change the employee contribution; only the employer-side payments would be redirected. Several members asked about the meaning of actuarial 100% funding, whether the fund could fall back below 100%, and whether employee contributions might be reduced in the future. The sponsor said the bill is based on actuarial projections, would revert the money back to the health trust if funding fell below 100%, and does not prevent future legislative or board action. Senator Higdon and others spoke in support of discussing the issue, noting the 2010 shared-responsibility changes and the need for a default approach as full funding is reached. The committee then heard Senate Bill 183, which would amend Kentucky law governing proxy advisers used by retirement systems. The sponsor said the bill would require proxy advisers, when handling shareholder-sponsored proposals, to act solely in the interest of retirement system members and beneficiaries and to provide an economic analysis when voting against a company board’s recommendation. He argued the measure is aimed at proxy advisers such as ISS and Glass Lewis, which he said often advance ESG-related proposals not tied to shareholder value. A guest from APCIA said the bill is meant to distinguish proxy advisers from investment managers and to strengthen the 2023 law by requiring a clearer economic justification for votes that depart from board recommendations. Members asked how proxy advisers differ from other financial advisers, whether Kentucky uses them, and whether the bill would prevent pension funds from investing in companies with ESG factors if those investments are profitable. The sponsor and guest said the bill would not bar such investments; it is intended to regulate proxy voting recommendations, not investment decisions. They described the bill as a proactive measure to reinforce fiduciary responsibility and limit outside proxy influence on pension voting. No final vote on either bill was taken in the portion of the meeting provided.

Transcript Highlights:

• More broadly, Senate Bill 614 is designed as a targeted market intervention.
• More broadly, Senate Bill 614<03:58:16.880><c> is</c><03:58:17.199><c> designed</c><03:58:17.600><c>
• The PBMs have a uh designation on this.
• designation designation &gt;&gt; when<04:41:16.480><c> it's</c><04:41:16.638><c> all</c><04:41:16.798
• I think it's, again, designed so carriers don't steer it to affiliated PBMs.

Committee: House Commerce and Consumer Affairs

Transcript Highlights:

• and maintenance were... ...many different deficiencies in design and maintenance that were discovered
• One is, as you further design, as you further figure out where your right-of-way is at, you start to
• The way those contracts with the design builders were structured, those delays, the contractors could
• this, they would never have designed it the way they did, committing to things, starting construction
• As the LAO noted, the motor vehicle account should follow the beneficiary pays principle.

Transcript Highlights:

• The city has already donated 80 acres and begun design work.
• Many of them vary in age and designation, and how that designation occurred.
• designation Hispanic working class communities where historic designation protects the primary financial
• how that designation occurred some of them are nationally designated so it's just a variety Mr.
• In that scenario, the coop that you design won't fit on a lot.

Bills: SB1041 , SB1088 , SB1118 , SB1128 , SB1168 , SB1176 , SB1189 , SB1207 , SB1250 , SB1272 , SB1274 , SB1286 , SB1428 , SB1457 , SB1461 , SB1503 , SB1519 , SB1537 , SB1582 , SB1618 , SB1654 , SB1713 , SB1827 , SCR1012 , SCR1020

Committees: House Appropriations , House House Appropriations Committee of Reference

Keywords: electronic monitoring, nursing care, assisted living, resident rights, privacy, consent, surveillance, cybersecurity, homeland security, artificial intelligence, state appropriation, VPN security, zero trust, housing, zoning, middle housing, urban development, duplexes, triplexes, fourplexes

Transcript Highlights:

• 48.440><c> new</c> considerable number of new considerable number of new possible<00:20:49.960><c> beneficiaries
• ,</c><00:20:51.400><c> the</c><00:20:51.760><c> evidence</c><00:20:52.160><c> is</c> possible beneficiaries
• , the evidence is possible beneficiaries, the evidence is that<00:20:52.480><c> it</c><00:20:52.640><
• Um, the Treasurer's office has already established, for the existing beneficiaries of the firefighters