Video & Transcript : 'pension legislation' :

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NY

New York 2025-2026 Regular Session

New York State Senate Session - 06/01/2026

New York Senate Floor Meeting

Transcript Highlights:
  • THE LEGISLATION, THE LANDMARK LEGISLATION IN EVERY AREA, FOR THE MARGINALIZED, FOR THE PEOPLE WHO FEEL
  • Lots of legislative accomplishments.
  • pieces of legislation, he let us have it.
  • I don't know anyone that says, 'My God, I lost my pension because I didn't realize there wasn't a pension
  • LEGISLATION COULD IMPACT.
Keywords: 993, senate, all
Summary: The Senate convened, approved the prior journal, and then processed a series of motions to discharge bills from committees and substitute identical Senate bills, which were so ordered. Several bills were also recalled from the Assembly, had reconsideration votes taken, and were restored to the third reading calendar after receiving 58 ayes. Amendments were received on a number of bills, and those measures retained their place on the calendar. The main business of the day was Privileged Resolution 2318, sponsored by Leader Stewart-Cousins, honoring Senator Michael Gianaris with the President Pro Tempore and Senate Majority Leader’s Legislative Legacy Award. The resolution and floor remarks reviewed his long career in the Assembly and Senate, his role as Deputy Majority Leader and floor leader, and his work on housing, criminal justice, voting rights, labor, environmental, consumer, transit, animal welfare, and other major legislation. Members from both parties spoke at length, praising his strategic skill, mentorship, humor, and influence, while also noting his support for younger members and his commitment to family. Several senators described personal experiences showing Gianaris’s mentorship and political guidance, and many referenced his Greek American identity, Queens roots, and interests such as Star Wars and the Mets. Senators also emphasized that he was leaving on his own terms to spend more time with his wife and daughters. The resolution was adopted with broad support, and Gianaris then spoke in response, reflecting on nearly 30 years in state government, the major laws passed during his tenure, and the relationships he built in the chamber.
WA

Washington 2025-2026 Regular Session

House Appropriations Jan 14th, 2026

Transcript Highlights:
  • I'm the legislative director for Climate Solutions.
  • We propose legislation to do so. Again, please treat this issue as the emergency it is. Thank you.
  • Second, legislators should also be aware that DNR’s budget shortfalls are partly due to paused timber
  • Plymouth provides permanent supportive housing for 1,400 people across six legislative districts and
  • Plymouth provides permanent supportive housing for 1,400 people across six legislative districts and
Summary: The House Appropriations Committee continued its public hearing on House Bill 2289, the fiscal biennial supplemental operating budget appropriations bill. The chair and vice chair explained the hearing process, limited testimony to one minute per person, and then heard extensive public comment from a wide range of advocates, local officials, service providers, and residents. No committee vote was taken during the hearing. Much of the testimony focused on opposition to proposed budget shifts involving Climate Commitment Act revenue, especially the proposed diversion of $569 million to other uses, including the Working Families Tax Credit. Environmental, public health, and local government witnesses argued those funds should remain dedicated to climate pollution reduction, wildfire resilience, clean transportation, natural climate solutions, and affordability programs. Several speakers also urged full funding for wildfire response and forest health, including the HB 1168 commitment, and opposed transfers from the Public Works Assistance Account. Other major topics included Medicaid and long-term care rates, with nursing home and assisted living providers warning that freezing or delaying rate rebasing would worsen staffing shortages and threaten access to care. Public health and health care advocates opposed cuts to foundational public health services, Apple Health expansion, and pharmacy benefit changes, while oral health advocates asked to preserve Medicaid dental funding and support Dentist Link. Testimony also supported or opposed funding for K-12 programs such as special education, the Ninth Grade Success Initiative, and homeless student stability; early learning and child care subsidies; disability services; public defense; housing and homelessness prevention; food assistance; higher education; and immigrant legal services. The committee concluded the hearing and adjourned after public testimony ended.
CA

California 2025-2026 Regular Session

Joint Committee on the Arts May 14th, 2026

Joint Committee on the Arts

Transcript Highlights:
  • I was honored to be part of this process, both through the original legislation that enabled and laid
  • It's a wildly popular program amongst our legislators.
  • The legislation was also incredibly focused that they wanted representation, specifically from artists
  • But, you know, the authorizing legislation didn’t send us in the direction of trying to boil the ocean
  • A one-year residency, a studio, pension, health, and welfare.
Summary: The Joint Committee on the Arts held an informational hearing on California’s first sector-specific creative economy strategic plan, “California’s Future Is Creative,” developed under AB 127 and related legislation. Chair Allen framed the plan as a response to California’s large but vulnerable creative economy, citing workforce losses, federal funding headwinds, and the need to support artists, cultural organizations, public media, museums, cultural districts, and film/TV production. He also highlighted budget asks including support for California Humanities, museums, public media, cultural districts, a post-production incentive proposal (AB 2319), and funding to implement the strategic plan. California Arts Council Director Danielle Brazel, Institute for the Future’s Rachel Hatch, CDE’s Allison Frenzel, and CWDB’s Michael Weoff described the planning process, which included a 30-plus-member work group, interagency coordination, and a phased approach from framework development to implementation and evaluation. They identified major forces shaping the sector over the next decade, including AI, climate disruption, affordability, access to capital, and social cohesion, and outlined six action areas: workforce preparation, business stabilization, cultural identity/tourism, cross-sector incentives, ROI/data tracking, and state capacity/infrastructure. Members and panelists repeatedly emphasized that the plan must be resourced and integrated across agencies rather than left siloed. A second panel of practitioners and advocates focused on workforce pathways and local implementation. Ricarlo Handy described the Handy Foundation’s registered apprenticeship pipeline into film and TV jobs and argued that current data systems undercount gig, 1099, and LLC-based creative work. Joanna Reynolds discussed Arts for LA’s Creative Jobs Collective, which aims to create 10,000 living-wage creative jobs in Los Angeles County by 2030, while Alejandro Gutierrez Chavez urged embedding artists in health, aging, and behavioral health systems as community problem-solvers. Roxanne Messina Kaptur spoke about the need to normalize arts careers and expand residency and school-based models. Senator Rubio, who joined later, shared her own arts and teaching background, supported arts access in schools and small theaters, and raised concerns about AI, asking how schools and educators can adapt. In the final panel, Rebecca Ratzkin reported on 26 statewide town halls with more than 1,100 attendees, which confirmed support for the plan but also highlighted needs for better information access, new financial models, stronger definitions and data, and more partnerships. Julie Baker of California for the Arts and California Arts Advocates urged sustained public funding, saying the plan is actionable only if the Legislature and administration provide resources, including increased California Arts Council funding and support for implementation. No formal votes were taken; the hearing was informational and concluded with calls for continued legislative and cross-agency collaboration.
TX

Texas 89th Regular

Senate Session (Part II) May 8th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Because you legislate to structure, not to personality.
  • You legislate to structure, not to personality.
  • Tell me, what is the goal of this legislation? To reassert the state's control over its creation.
  • And that sounds familiar, and that may be the legislation that the type of legislation and teneture.
  • You can't get pension work in Texas.
Summary: The Senate took up and passed Senate Bill 945, which concerns political shareholder proposals by insurers and insurance holding companies. Senator Hughes argued the bill would protect Texas-based insurers from activist shareholder pressure, especially proposals aimed at limiting insurance coverage for oil and gas companies for ESG or political reasons. The motion to suspend the regular order was adopted over objection, and SB 945 passed to engrossment on a 20-10 vote with one present not voting. The chamber also passed Senate Bill 1117, allowing any Texas-licensed dentist to administer botulinum toxin in oral or maxillofacial regions for aesthetic purposes, and House Joint Resolution 98, renewing Texas’s application for an Article 5 Convention of States to propose amendments on fiscal restraints, federal power limits, and term limits. Both measures advanced after debate and roll-call votes; SB 1117 passed unanimously after suspension of the three-day rule, and H.J.R. 98 was adopted on a 17-14 vote. Members then approved several other measures, including the committee substitute for House Bill 142 on HHSC’s Office of Inspector General and Medicaid overpayment recovery, Senate Bill 2373 on AI-enabled financial fraud and deepfake/phishing schemes, Senate Bill 2221 on fraudulent UCC financing statements, and Senate Bill 2681 on the basis for third-party voter-registration challenges. The Senate also adopted a resolution authorizing a Texas Life Monument replica at the Capitol complex, and passed S.J.R. 59 creating funds for Texas State Technical College capital needs. The body debated and passed Senate Bill 946, which would bar credit discrimination against organizations based on social, political, religious, or similar value-based considerations and require credit decisions to rest on creditworthiness. Senators raised concerns that the bill could create a special protected class for non-human entities or conflict with existing state policies, but the bill advanced to engrossment on a 20-11 vote. The Senate also passed Senate Bill 2477 to ease office-to-residential conversions in large cities after adopting an amendment negotiated with municipal stakeholders, and began consideration of Senate Bill 715 on ERCOT reliability requirements for generators, including existing generation, with extensive debate over impacts on renewables, power purchase agreements, and grid reliability.
AZ

Arizona 2026 Regular Session

06/12/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • So throughout the course of this legislative session and previous legislative sessions, when measures
  • Throughout this legislative session and previous legislative sessions, when measures of this nature have
  • I am glad that the losing the pension for teachers for teachers to lose their pension if they exercise
  • And was so kind to talk with all the legislators, and she particularly liked talking to young legislators
  • that and was so kind to talk with all the legislators and she particularly liked talking to young legislators
Summary: The Senate met, opened with prayer and the pledge, and then handled a series of messages and floor actions. The chamber transmitted a large group of Senate bills to the governor and Senate Concurrent Memorial 1004 to the Secretary of State. It also received House requests to return Senate Bills 1175 and 1198 for reconsideration, which were granted without objection. The Senate then moved into Committee of the Whole to consider several House concurrent resolutions. On H.C.R. 2001, a constitutional referral on election requirements, senators debated a Judiciary Committee amendment and a Hoffman floor amendment that would require voter ID, allow election-day tabulation of early ballots at polling places, and require legislative funding for implementation. Supporters said the measure would improve election security, voter confidence, and speed up results; opponents argued it was vague, could undermine mail voting, and lacked clear implementation details. The amendment was adopted, and after further debate the Committee of the Whole gave H.C.R. 2001 a do-pass recommendation by a 15-12 vote. Later, on third reading, the full Senate passed H.C.R. 2001 by a 16-12 vote and transmitted it to the House. The chamber also considered H.C.R. 2003, a referral on student athletics and biological sex. Senator Ortiz offered a floor amendment to replace the blanket ban approach with rules based on athletic ability and inclusion; supporters said it would preserve fairness while avoiding discrimination, while opponents said it would gut the measure and weaken protections for girls’ sports. The Ortiz amendment failed 11-16, and H.C.R. 2003 then received a do-pass recommendation in Committee of the Whole and later passed third reading. H.C.R. 2044, a referral on prohibiting preferential treatment and discrimination, also received a do-pass recommendation without recorded controversy. The Senate then adjourned after completing the remaining procedural motions and votes.
WA

Washington 2025-2026 Regular Session

House Appropriations Jan 14th, 2026 at 04:00 pm

Appropriations

Transcript Highlights:
  • I'm the legislative director for Climate Solutions.
  • We propose legislation to do so. Again, please treat this issue as the emergency it is. Thank you.
  • Second, legislators should also be aware that DNR's budget shortfalls are partly due to paused timber
  • Plymouth provides permanent supportive housing for 1,400 people across six legislative districts and
  • It is absolutely essential that our legislators continue to provide funding for programs that support
Bills: HB2289
TX

Texas 89th Regular

Senate Session Apr 2nd, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • However, both pension plans are now actuarially sound, by law enacted.
  • Senator, I cannot recall that piece of legislation.
  • That's the purpose of this piece of legislation.
  • Consistent with the legislative intent of the bill. With that, Mr.
  • It's the enabling legislation for that probably within a couple of weeks.
Summary: In this meeting, significant discussions revolved around the passage and modification of various Senate Bills, including SB1388, which pertains to family support services under the Health and Human Services Commission. Senator Kolkhorst advocated for the bill, emphasizing its focus on pro-life, family-centered care. The committee passed the bill after thorough examination, showcasing a collaborative effort among the members to ensure its alignment with successful past initiatives. In another session, Senator Hughes presented SB942, aimed at retroactive child support linked to prenatal care, which sparked a constructive dialogue reflecting bipartisan support for maternal and child welfare.
AZ

Arizona 2026 Regular Session

04/29/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • consistent with the legislation that you have authored.
  • This legislation that passes on this, The governor vetoed this legislation that passes on this significant
  • I'm not speaking for all the rural legislators.
  • I wasn't a part of putting this legislation together.
  • For withdrawals from retirement pensions.
Summary: The House convened, approved the journal, and spent much of the opening portion recognizing guests and interns from both parties, along with former lawmakers and a newly seated member, Representative Sylvia Allen. The chamber then took up House Concurrent Resolution 2065 honoring the late Alfredo Gutierrez. Members from both parties gave extended remarks about his life as a civil rights advocate, student activist, legislator, and mentor, and the resolution was unanimously adopted and transmitted to the Senate. Family members of Gutierrez were recognized in the gallery during the memorial tribute. The House then moved into Committee of the Whole on the first budget-related measures. On House Bill 4138, the “feed bill”/budget operations measure, Democrats argued the budget favored corporations and data centers over seniors, health care, housing, universities, and vulnerable families, while Republicans defended it as a continuation of prior policy and said it preserved tax conformity and modest agency cuts. After debate and questions, the committee recommended the bill do pass and the House adopted that report, sending HB 4138 to engrossing. The chamber next considered House Bill 4139, the amusement/gaming-related budget bill. Members debated whether it was essentially unchanged from last year’s budget language, with Republicans saying it was a continuation bill and that gaming-related provisions would support rural economies and tourism, while Democrats questioned the broader budget context and its effects on working families. The committee recommended HB 4139 do pass, and the House adopted that recommendation. The House then began debate on House Bill 4140, the state budget implementation bill, focusing on the budget stabilization fund and a proposed government efficiency initiative; discussion was still underway at the end of the transcript.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm

Joint Committee on Public Service

Transcript Highlights:
  • This legislation will create a critical opportunity to improve the efficiency, equity, and sustainability
  • Members of the committee and staff, for the record, my name is Paul Jakes, legislative agent for the
  • I am the legislative agent for the Massachusetts Association of Contributory Retirement Systems.
  • Over the years, legislation laws have changed, and now it is allowed; it's open to the 104 municipal
  • Your favorable decision to this legislation would be greatly appreciated.
Keywords: 995, all
Summary: The Joint Committee on Public Service held a hybrid hearing focused on insurance and retirement-related bills. Representative Hendricks testified in support of H.2874, which would create a Medicare buy-in program for certain state retirees age 65 and older who are not currently Medicare eligible, with the Commonwealth paying Part A premiums and late penalties. He argued the bill would reduce retiree health costs for the state and municipalities while improving benefits for retirees. Don Buckley also testified in support of H.2874, describing his own situation as a long-serving state retiree without Medicare coverage and urging passage of the bill. Paul Jakes of the Professional Fire Fighters of Massachusetts and Michael Riley of the Massachusetts Association of Contributory Retirement Systems testified in support of H.2999/S.1862, which would provide fair worker representation on joint purchasing group committees. Riley also supported H.2933/S.1816, which would add a seat on the PRIM Board for non-state teacher retirement systems, and H.2954/H.1813, which would change the criteria and duration for systems considered underperforming in the public employee retirement system funding rules. He said the changes would better reflect current conditions and limit forced participation in PRIT to five years rather than in perpetuity. Committee members asked no questions during the hearing. After testimony concluded and no additional witnesses came forward, the committee voted to adjourn.
MN

Minnesota 2025-2026 Regular Session

Edfin Committee Meeting - 2025-03-27

Education Finance

Transcript Highlights:
  • 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.
  • MDE's role is to implement state and federal legislation that provides oversight and support for school
  • Our staffing decisions are based on the work required to fulfill the legislative mandates.
  • He is actively disparaging stocks that are part of our teacher pension fund.
Bills: HF2430 , HF2433
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Jul 14th, 2026

Joint Committee on Public Service

Transcript Highlights:
  • water and sewer commissioner and, excuse me, superintendent in Dudley, and this doesn't affect any pensions
  • the employees of ZEP to be eligible for the retirement board, and that's why we need the special legislation
  • Should this legislation be reported out of committee favorably, adopted by the General Court, and approved
  • opinion that there are no options available to the department that are preferable or equal to this legislative
  • He just needs this legislation. The town needs this legislation because of his age.
Keywords: 1212, all
KY
Transcript Highlights:
  • Continued support of that as we move through that fixed dollar solution to our pension program is important
  • through that fixed dollar solution<00:12:46.480><c> to</c><00:12:46.639><c> our</c><00:12:46.800><c> pension
  • </c><00:12:47.519><c> program</c><00:12:47.920><c> is</c><00:12:48.160><c> is</c> solution to our pension
  • program is is solution to our pension program is is important.<00:12:49.440><c> State</c><00:12:49.839
Keywords: 958, all
Summary: The House Budget Review Subcommittee on Postsecondary Education met to begin hearing budget requests from Kentucky universities. Eastern Kentucky University President David McFaden highlighted EKU’s enrollment growth, its large population of Pell-eligible and first-generation students, and its role in producing graduates for Kentucky’s workforce, especially in health care, public safety, manufacturing, engineering, and aviation. He said EKU is seeking support for a Center for Health Innovation, including a doctor of osteopathic medicine program, with a $50 million accreditation escrow and startup funding that would be returned to the state after accreditation. He also described EKU’s health programs, which have strong pass rates and high in-state employment outcomes, and said the university wants continued asset preservation funding, inflationary operating support, and other recurring budget items. McFaden also outlined EKU’s aviation request, including $10 million for new aircraft and support for an enhanced air traffic control program created in response to a legislative study. He said the program would enroll cohorts of about 30 students, likely attract out-of-state students, and require a $5 million startup investment plus $1.5 million in annual recurring support. He added that EKU’s lab school is seeking a revised funding model tied to enrollment rather than a flat mandated amount. Committee members asked follow-up questions about the medical school escrow, aircraft needs, and program capacity, and McFaden clarified that the escrow would remain intact until accreditation and then be returned to the general fund. Kentucky State University President Kakpo then reviewed prior capital support that helped repair a dorm and several leaking roofs, and said the university is still addressing campus infrastructure problems. He said KSU’s main request is a new health sciences building to house its growing nursing program and language program, along with $40 million for additional dorm renovations and a carve-out for its aquaculture program. Kakpo said the aquaculture PhD proposal would be federally funded and could bring in more revenue, while the new building would help relieve overcrowding and support KSU’s research role. In response to questions, he said KSU’s campus housing capacity would be about 1,334 beds if all dorms were repaired, and that the university is rotating students through renovated buildings while trying to keep them on campus. Committee members also raised safety concerns about the December campus shooting at KSU. Kakpo said the incident was isolated, expressed sympathy for the families affected, and said the university has reviewed campus procedures, added police and security positions, and is strengthening safety processes. The meeting did not include any votes or formal actions; it was a budget presentation and question-and-answer session.
AZ

Arizona 2026 Regular Session

04/29/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • These are things that rural legislators fight for every single day down here.
  • These are things that rural legislators fight for every single day down here.
  • ..” “...consistent with the legislation that you have authored.
  • I wasn't a part of putting this legislation together.
  • For withdrawals from retirement pensions.
Keywords: 1182, all
DE
Transcript Highlights:
  • Are you familiar with this legislation?
  • And how does this help that it's a piece of legislation?
  • And I do support the legislation, or I am going to support the legislation.
  • Given the widespread also resistance within, by many legislators to resist... ...within by many legislators
  • Spouse B receives $25,000 in military pension.
Summary: The House met on June 30, 2026, with opening ceremonies, guest introductions, a prayer, the Pledge of Allegiance, and a moment of silence for two deceased community members. Members also adopted Consent Calendar 29, which included House Concurrent Resolutions 153, 154, and 156, and passed House Concurrent Resolution 157 directing the State Lottery to report on iLottery options to support traditional lottery retailers, as amended to set a February 15, 2027 reporting deadline. The chamber then considered several bills on agriculture, telecommunications, health, fire service standards, corrections, elections, and education. Among the measures passed were Senate Bill 53 on the Delaware Farm to Community Program, Senate Bill 307 on PSC authority for Lifeline telecom carriers, Senate Bill 339 clarifying advance health care directives, Senate Bill 235 extending manufactured home rent increase rules, Senate Bill 325 updating firefighter/EMS background check and membership standards, Senate Bill 309 discharging incarceration-related balances, Senate Bill 324 on constable-related handgun purchase exemptions, Senate Bill 94 on respiratory care practitioners and ECMO medication access, and Senate Bill 293 creating a licensure pathway for summer camp providers in the Purchase of Care program. The House also passed Senate Substitute 2 for Senate Bill 100, proposing a constitutional amendment to protect the right to marry regardless of race or gender while explicitly preserving religious freedom. The bill drew extended debate, with supporters framing it as a safeguard against future rollbacks of marriage equality and opponents raising concerns about constitutionalizing an issue already in statute; several members explained changed votes and personal reflections before the final roll call, which passed 28-12. House Bill 188, which would allow unaffiliated voters to choose a party primary, also passed after amendment, despite some opposition over party-system effects. Two measures were tabled or amended after debate: Senate Bill 233 on removing snow and ice from vehicles was initially tabled to consider a truck-driver exemption amendment, then the amendment failed and the bill later passed as amended; and Senate Joint Resolution 19 on studying health care costs was tabled briefly pending legal clarification. House Substitute 1 for House Bill 404, creating a three-year pilot program for AI and extended reality in schools, passed after testimony from the Department of Education emphasizing guardrails, data privacy, and teacher oversight. The transcript ends as House Bill 478 is being read in, but no final action on that bill appears in the provided text.
AZ

Arizona 2026 Regular Session

02/02/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • Please stand for the prayer by Donna Kafer, legislative chaplain, and remain standing for the pledge
  • Lucid broke ground in Arizona, and more importantly, in Arizona's finest legislative district, Number
  • SB 1503, Public Pensions Proxy Voting.
  • SCR 1031, Legislative Districts Population Census Citizenship.
Summary: The Senate opened with prayer, the pledge of allegiance, and an electronic roll call showing 26 members present and four excused. The journal for January 29, 2026, was approved, and the chamber recognized Lucid Motors Day at the Capitol, highlighting the company’s Arizona operations, investment, and job creation. The Senate also received a gubernatorial nomination for Troy L. Campbell to the State Liquor Board, which was referred to the Committee on Regulatory Affairs and Government Efficiency. A large number of bills were introduced and read for the first time, covering topics such as commerce, E-Verify, municipal self-certification, voter registration text notices, immigration enforcement training, school eligibility and testing, campaign finance, vulnerable adults, temporary vehicle plates, tribal flags, water projects, public works apprenticeships, housing and water supply, special plates, controlled substances research, and election-related resolutions. One bill, SB 1429, was further referred to the Committee on Finance. The Senate also placed many measures on second reading, including bills on roads, labor and collective bargaining, tax relief, education data, assisted living, liquor policy, public pensions, housing, utilities, and election and redistricting proposals. The President noted that it was the final day to submit bills by the 5:00 p.m. deadline and announced upcoming caucus and committee meetings for February 3. During a personal privilege statement, the Majority Leader criticized the Attorney General’s recent remarks as dangerous and confusing, argued she should retract them, and said elected officials should lower the temperature around rhetoric that could contribute to violence. The Senate then adjourned by motion until Tuesday, February 3, 2026, at 1:15 p.m.
AZ

Arizona 2026 Regular Session

02/02/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • Please stand for the prayer by Donna Kafer, legislative chaplain, and remain standing for the pledge
  • Lucid broke ground in Arizona, and more importantly, in Arizona's finest legislative district, Number
  • SB 1503, Public Pensions Proxy Voting.
  • SCR 1031, Legislative Districts Population Census Citizenship.
Keywords: 1182, all
WV
Transcript Highlights:
  • Corrections, we feel, with these improvements, if they make it through the legislative process, should
  • I'm sorry, $152,000, but the Court of Claims is also under the legislative budget.
  • I want to shift over to the pension liabilities.
  • When we increase pay for public employees, that puts pressure on the pension funds to raise.
Committee: Senate Finance
Keywords: 994, senate, all
LA
Transcript Highlights:
  • And in this 2026 regular legislative session, House Bill 312 of 2026 provided some appropriations to
  • And in last year's valuation report, there was not enough income from legislative acts to impact the
  • so complicated with the OAB and the EAAB and how those are treated, because those are not normal pension
Keywords: 965, house, all
Summary: The Public Retirement System Actuarial Committee met on Monday, June 22, with a quorum present and approved the prior meeting minutes. There was no public comment. The main item was an actuarial update from Ms. Johnson on LASERS, prompted by House Bill 312 of 2026, which appropriated about $145 million to LASERS and required the committee to revise the projected fiscal year 2027 employer contribution rate to reflect the funds received. Ms. Johnson explained that $87.6 million was applied to the original amortization base, paying it off, and the remaining $57.9 million was applied to the experience account amortization base. As a result, the projected aggregate employer contribution rate for fiscal year 2027 was reduced from 32.51% to 30.05%, a decrease of 2.46%, with the projected employer contribution amount revised to about $738.7 million. She also noted that the original amortization base balance would be zero by June 30, 2026, while the experience account amortization base would continue to be paid down over time. Committee members asked about the longer-term impact of the changes, including a question about projected savings in 2036. Ms. Johnson said the later-year savings would depend on future actuarial experience and investment performance, but the projected UAL payment in that year would be lower under the revised schedule. The committee then moved to adopt the revised projected fiscal year 2027 LASERS contribution rate of 30.05% by plan, the motion was seconded, and it passed without opposition. The meeting then adjourned.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 10:00 am

Joint Committee on Revenue

Transcript Highlights:
  • Thank you all for being here, both virtually and in person, to share your thoughts on the legislation
  • It's a pleasure to be here today to talk about this important piece of legislation.
  • It's a pleasure to be here with you today to talk about this important piece of legislation.
  • And you're really just showing some gratitude to the administration for filing this legislation.
  • We can offer the $5,000 and allow him to have the rest as his pension for the rest of his life.
Keywords: 995, all
Summary: The Joint Committee on Revenue held a hybrid hearing on several property and local tax bills. The main focus was H.56, the Municipal Empowerment Act, which the Healey-Driscoll Administration, the Massachusetts Municipal Association, MAPC, and Salem Mayor Dominick Pangallo supported as a package of local options and administrative reforms. Supporters said municipalities need more tools to relieve pressure on property taxes and fund services, citing proposed increases to local meals and lodging taxes, a new local vehicle excise surcharge, senior property tax relief, one-year override flexibility for emergencies, and central valuation of telecom and utility property by DOR. The administration said the bill was based on municipal listening sessions and was intended to give cities and towns optional, not mandatory, revenue tools. Opponents, including the National Federation of Independent Businesses, argued the tax increases would hurt restaurants, hotels, tourism, and small businesses and add to affordability concerns. The committee also heard testimony on H.3211, dealing with deeds excise receipts, from Norfolk County Commissioner Richard Staidi. He said Norfolk County is financially stable but needs additional revenue for major capital needs at its agricultural school, especially a new cafeteria and other aging facilities, and also to support county programs such as veteran transportation services. On S.2020, a bill to allow settlements of tax liability, Greater Boston Legal Services, the Asian American Civic Association, and several individual taxpayers urged creation of a more workable offer-in-compromise process at DOR. They said the current system is too subjective, requires an unaffordable $5,000 threshold, lacks clear standards and appeal rights, and leaves low-income taxpayers stuck with unmanageable debt, license suspensions, or business closures. Supporters said the bill would give both taxpayers and DOR a practical way to resolve liabilities and bring people back into compliance. The committee also took testimony on S.1966, which would require nonprofits selling property to disclose any back-tax obligations to buyers. Senator Peter Durant said the bill was prompted by a personal experience in which a tax bill arrived after a nonprofit property purchase was already completed, and he argued the disclosure would prevent buyers from being surprised by retroactive tax liability. No votes were taken during the hearing, and the chair closed the session after hearing from all scheduled witnesses.
KY

Kentucky 2026 Regular Session

House Legislative Session Day 31 (2-20-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • House Bill 220, Representative Blandon, an act relating to pension spiking in the systems administered
  • by the Kentucky Public Pensions Authority.
  • Powers championed civil rights legislation to improve the rights of society's most marginalized.
  • legislation prohibiting sex, job, and age discrimination.
  • :23:25.120><c> for</c> Powers pushed for legislation for Powers pushed for legislation for improving<
Keywords: 958, all