Transcript Highlights:

• Uh, the minutes are attached, and since we do have a quorum, we can approve them.
• Do I have a motion to approve the minutes?
• All right, our minutes are approved. So, we are going to move right on into business.
• All right, our minutes are approved. approved. approved.

Keywords: Meeting Start: 00:07 Attendance Roll Call: 00:13 Approval of Minutes: 02:28 2025 RS SB 9: TRS Leave Audit Requirements & Process: 03:05 2025 RS SB 10: Overview of Enacted Legislation & Discussion: 28:38 Adjournment: 42:13, 958, all

Summary: The meeting opened with roll call, a quorum was confirmed, and the minutes were approved. The committee then heard testimony on Senate Bill 9, which concerns TRS sick leave audit requirements and process. Auditor Allison Ball’s staff said the audit is an information-gathering review of how teacher sick leave is accumulated, current balances, how many employers use the sick leave function, and the policies and procedures governing sick leave. Members discussed how unused sick leave affects retirement calculations, the distinction between the state’s financial responsibility and school districts’ responsibility, and whether the audit would also examine related leave categories such as personal leave, annual leave, and leave of absence. Committee members emphasized that Senate Bill 9 was intended to add accountability and standardize reporting, including preventing annual leave from being rolled into sick leave. Several members asked for clarification on how sick leave is factored into retirement benefits. Witnesses and members explained that, under the system described, accumulated sick leave can be converted into retirement credit based on a teacher’s daily rate and then multiplied by a percentage, with the school district often bearing the cost. Members also noted nuances in the law, including different accumulation limits by hire date and tier, and that the audit may help the public better understand why some educators retire relatively young. The auditor’s office said it is still early in the process, has met with TRS leadership, and will report back once the audit progresses. The committee also asked whether maternity leave would be included; the auditor’s office said it was not specifically mandated but could be examined if the body requests it. The committee then received an overview of Senate Bill 10 from KPA representatives Ryan Barrow and Rebecca Atkins. They explained that the bill enhances retiree health insurance benefits for certain CRS members who are non-Medicare participants and meet specified career thresholds, with different rules for hazardous and non-hazardous service. They described the benefit as $40 per month per year of service for non-hazardous service and $50 per month per year for hazardous service, both inflated annually, and clarified that these amounts are not cumulative with prior benefit formulas. Members asked about the interaction between the new amounts and existing benefits, and the presenters explained that the bill also changes current employee health insurance contribution rates effective July 1, 2026, with different impacts by tier and hazardous status. The committee discussed the need for clear communication to affected employees and reviewed example calculations showing how the new contribution structure would work.

Transcript Highlights:

• I approve this committee substitute and hope that all of you will.
• I approve this committee substitute and hope that all of you will swiftly vote in favor of this bill
• Laura Presley, with True Texas Elections, and this bill, we approve of this bill.
• And again, this committee has approved the companion measure, and this is a House bill that has come
• We also empower the governor to react and to look at for Texas and to add entities and companies as necessary

Bills: HB223

Keywords: municipal budget, county budget, local government finance, spending cap, expenditure limit, inflation plus population growth, taxpayer impact statement, budget transparency, property tax, fees, Legislative Budget Board, voter approval, disaster spending, fiscal restraint, Texas Local Government Code, city budget, county expenditures

Summary: The Committee on State Affairs heard several House bills, with most measures left pending after testimony and later taken up in a batch of votes. Early in the meeting, HB 5624 on liability protections for motocross/off-road vehicle tracks, HB 223 on requiring competitive procurement for municipal lobbying contracts, HB 3709 on post-election audit procedures, and HB 5081 on protecting personal information of judicial officers and court staff were all discussed and left pending after testimony. Witnesses on HB 223 supported greater transparency in municipal lobbying contracts. HB 3709 drew sharp opposition from an election integrity advocate who argued the bill would reduce precinct-level granularity and make it harder to detect ballot errors, while a Secretary of State resource witness said the bill would simplify and standardize the audit process by location. HB 5081 received strong support from court administration and a district judge who described prior threats and an attack tied to publicly available personal information. The committee also heard HB 3546 on allowing school districts to move elections to November, HB 493 on barring certain felony offenders from serving as poll watchers, HB 5115 on increasing penalties for election fraud and related conduct, HB 4081 on trade secret filing procedures, HB 3909 on limiting restrictions on wireless devices at polling places, HB 2702 on limiting gubernatorial closure authority for certain veterans organizations during pandemics, HB 119 on foreign adversary lobbying, and HB 5138 on the Attorney General’s authority to prosecute election crimes. Several of these bills were explained with committee substitutes and then left pending before final action. Testimony on HB 493 and HB 5115 came from an election integrity advocate who supported both bills, saying the poll watcher restriction was appropriately narrowed and that the election fraud bill would help address invalid votes and refusal to count valid votes. Later, the committee took up pending business and voted out a large number of bills, generally along party lines or with broad support. HB 186 on minors’ social media use, HB 229, HB 2885, HB 3909 as substituted, HB 4285, HB 1661, HB 2820, HB 3181, HB 4157, HB 223, HB 521, HB 640, HB 1234, HB 2253, HB 2294, HB 3053, HB 3697 as substituted, HB 4281, HB 4463, HB 4995, HB 5081 as substituted, HB 5624 as substituted, HB 119 as substituted, HB 3225, HB 5138 as substituted, HB 5115, HB 481 as substituted, HB 3546, HB 493, and HB 4145 were reported favorably to the full Senate, with several also placed on the local and uncontested calendar. The committee also adopted committee substitutes for multiple bills, including HB 3909, HB 5081, HB 5624, HB 119, HB 5138, and HB 481. At the end, the chair noted another committee meeting would likely be needed before deadlines, possibly on a weekend, and recessed the committee subject to the call of the chair.

Transcript Highlights:

• This will allow the state and local law enforcement, as agreed upon by the governor and the federal government
• , to act on military" "...local law enforcement, as agreed upon by the governor and the federal government
• It adds the ability for the governor to include a procedure allowing the termination of current jurisdictions
• Our governor has rightly called for the removal of a 20% rule that prevents veterans from obtaining HUB

Bills: SB390, SB1197, SB1271

Keywords: veteran-owned businesses, state contracting, historically underutilized business, economic opportunity, small business, economic development, veterans, certification, Texas legislation, unmanned aircraft, spaceport, criminal offense, aviation regulations, airspace safety, military installations, concurrent jurisdiction, governor's approval, state agency, land acquisition, 1185

Summary: The Committee on Veteran Affairs heard several bills related to military installations, veterans, and contracting opportunities. Senator Birdwell presented SB 1197, which would extend existing drone restrictions over military bases and airports to spaceports, with exceptions for authorized users; no public testimony was offered at the first hearing, and the bill was left pending before later being reported favorably. Chairman Hancock presented SB 1271, which would allow Texas to accept concurrent jurisdiction over military installations so state and local authorities could handle certain juvenile offenses and provide more rehabilitative options; a committee substitute was explained, but the bill was left pending after no initial witnesses appeared. The committee also considered SB 390, which would expand the state historically underutilized business definition to include SBA-certified veteran-owned businesses regardless of disability rating. Supporters from the Houston Regional Veterans Chamber of Commerce and other veterans argued the change would improve access to state contracting, strengthen the economy, and better recognize veterans’ contributions. Senator Eckhardt raised concerns that broadening the category to all veterans might not satisfy the disparity-study basis typically used for HUB classifications, and Jim Brennan echoed that concern while suggesting a separate category might be more workable. During the pending-legislation portion, the committee voted on several bills. SB 651 and SB 897 were each substituted and reported favorably to the full Senate, with both also recommended for the local and uncontested calendar. SB 1814 was likewise reported favorably and sent to the local and uncontested calendar. SB 1197 was reported favorably and recommended for the local and uncontested calendar. SB 1271 was left pending after a motion to report the committee substitute favorably, and SB 390 was left pending after testimony concluded. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• If, if that goes through, if everything's approved, how many total, uh, testing areas with the proper
• The person who put forth the cash bonds for approval and if they say no, then they get back the full
• Um, well, the, the main port, the main part is the part that takes the county's ability to approve or
• deny the use of the bond and it gives it to the companies to approve or deny.
• And the company can just say, no, I don't approve that use and forget it, I'm not going to do that.

Bills: HB206

Keywords: HB206, school district bonds, bond election, voter approval, Education Code, Chapter 45, Section 45.003, Section 45.0034, Texas schools, school finance, local tax election, bond referendum, school construction, capital improvements, election frequency, five-year waiting period, district bonds, public school funding

Transcript Highlights:

• Remove the provision that the TCEQ may not approve the subsequent permit application for a municipal

Bills: SB3074, HB49, HB2440, HB3556, HB3619, HB3866, HB4042, HB4112, HB4271, HB4413, HB4426, HB5033, HB49

Keywords: SB 3074, TCEQ, Texas Commission on Environmental Quality, Water Code, permit applications, environmental permitting, administrative record, ex parte communications, legislative communications, governor, lieutenant governor, state legislators, district projects, public records, recusal, conflict of interest, substantial interest, agency transparency, environmental regulation, permit renewal

Transcript Highlights:

• As written, the current APA law does not allow for the governor, lieutenant governor, or a legislator
• As such, SB3074 would allow... allow the governor, lieutenant governor, and members of the legislature
• Members, the committee substitute that I've worked on with Lieutenant Governor Patrick and his staff
• provides that the communication from the governor, lieutenant governor, or a member of the legislature
• , lieutenant governor, or member of the legislature in the second degree of consanguinity and affinity

Bills: SB3074, HB49, HB2440, HB3556, HB3619, HB3866, HB4042, HB4112, HB4271, HB4413, HB4426, HB5033, HB49

Keywords: SB 3074, TCEQ, Texas Commission on Environmental Quality, Water Code, permit applications, environmental permitting, administrative record, ex parte communications, legislative communications, governor, lieutenant governor, state legislators, district projects, public records, recusal, conflict of interest, substantial interest, agency transparency, environmental regulation, permit renewal

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=Srw_IhziSDw, 2026-07-02T01:22:43+00:00, 2.2.24, Data collected via generic collector engine, This hearing has already aired on Olelo channel 49 on April 8th, 2020. Footage courtesy of Olelo Community Media. Committee on COVID-19 information: https://www.capitol.hawaii.gov/specialcommittee.aspx?comm=scovid&year=2020 Agenda The special committee will convene to assess and advise the Senate regarding the State of Hawaii's COVID-19 plans and procedures to include, but not limited to: 1) Confirm the development of the state departmental plans and procedures; 2) Review and assess current state departmental plans and procedures; 3) Review and assess whether state departmental plans and procedures are properly and timely implemented to safeguard public health and safety; and 4) To communicate and disseminate information obtained therefrom. The special committee will be meeting with the following: 11:00 a.m. Office of the Lt. Governor Lt. Governor Josh Green 11:30 a.m. Department of Health Dr. Bruce Anderson, Chair Department of Human Resources and Development Mr. Ryker Wada, Director 12:30 p.m. Hawaii Emergency Management Agency MG Kenneth Hara, Incident Commander, 912, senate, all, 2.2.42, 2.1.47

Bills: HB206, HB1238, HB2890, HB2970

Keywords: pipeline, construction, cash bond, county authority, local government, injection wells, environmental regulation, water quality, site inspection, geoscientist, satellite imagery, interstate compact, liquefied natural gas, energy resources, Gulf Coast, regulatory coordination, HB 2970, Gulf Coast Protection District, Special District Local Laws Code, governor appointment

Summary: The Senate Committee on Natural Resources met with a quorum present and took up several bills, mostly as pending business. HB 1089, creating the Gulf Coast Protection Account to be administered by the General Land Office, was laid out as the House companion to SB 795; Senator Alvarado moved it be reported favorably, and it passed the committee 8-0. The committee also adopted a committee substitute for HB 2970 and then reported it favorably 9-0, despite the motion wording recommending the substitute in lieu of the original bill. HB 2890, HB 1238, and HB 206 were each laid out and reported favorably to the full Senate by 9-0 votes. For each bill reported favorably, members also approved motions to place the bill on the local and uncontested calendar, with no objections. The transcript reflects brief procedural repetition and some garbled audio, but the actions are clear: the committee advanced all measures considered during the meeting without recorded opposition. The chair then announced there was no further business and the committee stood in recess subject to the call of the chair.

Transcript Highlights:

• Members, in recent years, some counties have begun imposing a cash bond requirement as a condition of approval
• In recent years, some counties have begun imposing a cash bond requirement as a condition of approval
• requiring a cash bond as a HB 206 prohibits counties from requiring a cash bond as a condition of approval
• that you had the same similar statement stating that this compact does not require congressional approval
• So our assessment of it does not require congressional approval.

Bills: HB206, HB1238, HB2890, HB2970

Keywords: pipeline, construction, cash bond, county authority, local government, injection wells, environmental regulation, water quality, site inspection, geoscientist, satellite imagery, interstate compact, liquefied natural gas, energy resources, Gulf Coast, regulatory coordination, HB 2970, Gulf Coast Protection District, Special District Local Laws Code, governor appointment

Summary: The Senate Committee on Natural Resources met with a quorum initially lacking, then took up several bills and heard brief testimony. HB 206, by Rep. Craddick, would prohibit counties from requiring cash bonds as a condition for pipeline construction approvals, while still allowing other forms of financial assurance; the sponsor and a Target Pipeline witness said cash-bond mandates create unnecessary costs and uncertainty, and the bill was left pending. HB 2890, by Rep. Patterson, would create an interstate compact among Gulf Coast states to coordinate and support the liquefied natural gas industry; the sponsor emphasized LNG’s economic importance and said the bill mirrors prior compact language that does not require congressional approval, and it was left pending after no public testimony. HB 1238, by Rep. Geren, would let TCEQ use third-party inspection reports and remote technology when reviewing proposed Class I injection wells; the sponsor and a uranium industry witness said it would streamline regulation and support industry, and it was left pending. HB 2970, by Rep. Paul, the House version of SB 410, would require the Gulf Coast Protection District’s final gate design to accommodate two-way vessel traffic and allow the governor to appoint the district’s presiding officer; the committee substitute was explained and the bill was left pending. With members scattered in other committees, the chair said the committee would recess and later reconvene to vote and complete its work.

Transcript Highlights:

• If not, our first item on the agenda is approval of the minutes from the July 14th, 2025 meeting.
• So, let's go back one step and let's um I'll entertain a motion to approve the minutes from our July
• Each year this subcommittee performs its oversight function by approving the research agenda for the
• Each year this subcommittee performs its oversight function by approving the research agenda for the
• So for your review and approve approve uh<00:31:35.279><c> the</c><00:31:35.600><c> minutes</c><00:31

Keywords: Call to Order and Roll Call: 00:22 Office of Education Accountability Report: Early Childhood Regional Training Centers (RTCs): 01:22 Approval of July 14, 2025 Minutes 31:21 Office of Education Accountability: 2025 Study Agenda 32:35 Adjournment: 39:12, 958, all

Summary: The subcommittee heard an Office of Education Accountability report on Kentucky’s early childhood regional training centers (RTCs). OEA said the centers provide valuable training, consultation, technical assistance, and materials for preschool personnel, especially for children with disabilities and at-risk students, and that the services align with state and federal requirements. However, the report found uneven student and teacher populations across regions, wide variation in per-student funding, some staffing data inaccuracies, and several fiscal oversight concerns, including inconsistent indirect cost rates, a building rental charge that may have been duplicative, and host districts recording RTC expenditures in a way that could blur them with district finances. OEA also said some documentation of progress toward goals was incomplete and that the technology lending library appeared underused. The report recommended stronger KDE oversight, uniform coding and accounting practices, review of budgets and expenditures, and an evaluation of whether the current five-center model remains the most efficient structure; OEA also suggested the General Assembly may wish to revisit KRS 157.318. Members asked about KDE’s response, whether the centers are required by federal law, how the centers operate, and whether changing the model would affect federal funding. OEA said KDE had only discussed the findings informally and had not issued a formal response, the centers are required by state law but not federal law, and changing the model would not jeopardize IDEA preschool funds. The committee accepted the report by motion. The subcommittee then approved the minutes from its July 14, 2025 meeting after initially delaying action because quorum was not yet present. After that, members turned to the Office of Education Accountability’s proposed 2026 study agenda. OEA said the three proposed topics are the annual district data profiles, facilities funding, and implementation of early literacy statutes. The district profiles would add an appendix showing the number and percentage of students moving to private school or homeschool by district and another appendix noting data-quality issues that affect comparability. OEA explained that district staffing data can undercount contract staff because those employees are not always entered into the system, and members expressed interest in tracking whether prior recommendations were implemented. One senator also raised a separate interest in reviewing whether KDE created and implemented regulations related to KFIX. The discussion remained informational, with no final vote on the study agenda shown in the transcript excerpt.

Transcript Highlights:

• mentioned, the expansion of the Mountain Parkway through Preston in my community, the secretary, the governor

Keywords: 0:00:15 Call to Order and Roll Call 0:01:15 Maintenance Update 0:21:07 Approval of Minutes 0:21:32 Regional Offices 0:43:47 SHIFT Scoring 1:04:24 Local Assistance Road Program 1:16:41 Adjournment, 958, all

Summary: The Budget Review Subcommittee on Transportation met without a quorum and first received a maintenance update from Kentucky Transportation Cabinet officials James Ballinger and John Moore. They described how repeated disasters, including floods, tornadoes, and ice storms, have strained routine road maintenance and forced crews to focus on emergency response, snow and ice removal, pothole patching, ditching, signal repairs, mowing, striping, sign work, and other day-to-day upkeep. They said snow and ice costs have averaged about $60 million to $61 million annually in recent years, disaster response has totaled hundreds of millions of dollars over five years, and the cabinet often must carry those costs until FEMA or FHWA reimbursement arrives. They also said maintenance work is increasingly contracted out because of staffing and resource limits, and that competitive pay is needed to retain employees and contractors for around-the-clock emergency work. Members then discussed traffic roundabouts and other intersection designs. Senator Hickden asked about their cost savings and safety benefits compared with traffic signals, and cabinet staff said they would provide life-cycle cost figures later. They emphasized that roundabouts and related designs reduce serious injuries and fatalities, with serious injuries down roughly 70% to 80% and fatalities over 90% in their experience. Chair Douglas and others asked about roundabout sizing for trucks and farm equipment, and staff explained that designers tailor the inscribed diameter to local traffic needs and context. The committee also briefly discussed red-light running and traffic-light cameras, with members stressing the safety risks of drivers ignoring signals. The committee adopted the minutes from the prior meeting by motion and voice vote. It then heard from Sarah Jackson and Matthew Cole on the Real ID and driver licensing transition. They said the cabinet has expanded from almost no regional offices to 35, grown driver licensing staff from 89 to 400, and now issues about 1.3 million credentials annually. They reported improvements in office capacity, queue management, staffing, and compensation, including added workstations, new or expanded offices in Louisville, Lexington, and Bardstown, and the use of contract staff. They said statewide average wait times have fallen to just under 30 minutes, and Kentucky’s Real ID adoption rate has risen to 42.9%. Members asked follow-up questions about driver testing and CDL scheduling. The presenters said all permit and CDL testing is coordinated through Kentucky State Police, with written tests available in most regional offices and CDL testing at a smaller number of KSP locations. Senator Douglas asked when the driver testing requirements were last updated, and the presenters said that was set by KSP. The discussion ended with additional questions about which regional offices lack KSP testing presence, but no further action was taken before the transcript ended.

Transcript Highlights:

• </c><00:13:54.639><c> and</c> regulatory process of approval and regulatory process of approval and things
• In 2022, we asked for approval of a CPCN, a certificate of public convenience and necessity, from the
• </c><00:21:16.400><c> of</c><00:21:16.640><c> a</c> 2022 we we um asked for approval of a 2022 we we
• If approved by the under underway now.
• and ask for approval of these new<00:29:57.279><c> units.

Keywords: Meeting Start - 00:00 Roll Call – 00:15 Approval of Minutes of the July 15, 2025, Meeting 00:55 Helping Power Kentucky’s Growth – 01:25 Powering and Deploying AI – 41:00 Fueling America’s Intelligence – 56:12 Adjournment – 01:10:37, 958, all

Summary: The Artificial Intelligence Task Force met with a quorum, adopted prior meeting minutes, and then focused on energy policy and economic development as they relate to AI and data centers. John Bevington of LG&E and KU, introduced by Caroline Clark of LG&E/KU and PPL, described the utility’s Kentucky-only service territory, vertically integrated system, 1.3 million customers, and about 7.5 gigawatts of generating capacity. He said the company has supported 76 Kentucky projects in 2024 totaling about $3 billion in announced investment and roughly 3,000 jobs, with a large share of statewide announcements occurring in its service area. Bevington said LG&E and KU’s current project pipeline is unusually strong, totaling about 170 projects and 8.5 gigawatts of requested power, with data centers accounting for about two-thirds of that demand. He broke the pipeline into existing customer expansions, new-to-Kentucky projects, and 20 data center projects representing about 5.6 gigawatts of potential load. He highlighted a Louisville data center project by PO Development Company and Powerhouse Data Centers that has announced a 400-megawatt facility and may expand to 525 megawatts, estimating that such a project could represent about $4 billion in investment. He also explained that large data centers generally must locate near transmission lines and that utilities must conduct studies, order long-lead equipment, and secure reimbursement commitments before proceeding so other customers are not harmed. Members asked about how Kentucky compares with other states, the size of data center projects, and whether regulatory reform is needed. Bevington said the 20 projects reflect current Kentucky interest, which he attributed in part to the state’s sales tax exemption for data centers, and noted that states like Ohio have had similar incentives for years. In response to questions from Senator Thomas, he confirmed that data centers can vary in size and said the state should have a regulatory environment that supports economic development, while emphasizing that the benefits would flow to the state, local communities, and schools rather than just the utility. He also cited national and regional data suggesting data centers generate indirect jobs and tax revenue, and said LG&E and KU are investing in transmission, reliability, solar, and gas generation projects, including proposed additional 645-megawatt natural gas units and other system upgrades, to meet expected demand.

Transcript Highlights:

• In 2019, I was appointed by the governor to serve as a presiding officer, and shortly after that, we
• This bill emerged from a child care interim charge from the lieutenant governor that talked about addressing
• ability... to postpone, specifically bond elections, if a disaster declaration has been issued by the governor
• again, this applies only to bond elections and only if a disaster declaration has been issued by the governor

Bills: HB223

Keywords: municipal budget, county budget, local government finance, spending cap, expenditure limit, inflation plus population growth, taxpayer impact statement, budget transparency, property tax, fees, Legislative Budget Board, voter approval, disaster spending, fiscal restraint, Texas Local Government Code, city budget, county expenditures, 1185, senate, all

Transcript Highlights:

• I approve this committee and hope that all of you will swiftly vote in favor of this bill to help Texas
• We approve of this bill; it's a really good bill.
• Again, this committee has approved the companion measure, and this is a House bill that has come over
• We also empower the governor to react and to look out for Texas and to add entities and companies as

Bills: HB223

Keywords: municipal budget, county budget, local government finance, spending cap, expenditure limit, inflation plus population growth, taxpayer impact statement, budget transparency, property tax, fees, Legislative Budget Board, voter approval, disaster spending, fiscal restraint, Texas Local Government Code, city budget, county expenditures, 1185, senate, all

Transcript Highlights:

• That's why we created the, the, the appellate court as the governor of, of that decision-making.
• So we're just trying to With city council approval, allow that flexibility with the other courts, and

Bills: HB113

Keywords: HB 113, Texas, Government Code Chapter 1253, general obligation bonds, bond election, voter approval, political subdivision, local government, city bonds, county bonds, school district bonds, capital projects, public finance, bond referendum, ballot measure, five-year waiting period, rejected proposition, election law, municipal finance

Transcript Highlights:

• We do have a quorum and are approved to do business.
• All right, we do have a quorum<00:01:48.159><c> and</c><00:01:49.200><c> uh</c><00:01:49.520><c> approve
• </c><00:24:54.799><c> the</c> to in my memory uh will approve the to in my memory uh will approve the
• So our board approved the maximum amount they would pay based upon the Living Well PPO.
• So our our board board approved the &gt;&gt; Yes.

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.

Transcript Highlights:

• We do have a quorum and are approved to do business. But before we do, please stand.
• </c><00:24:59.039><c> the</c> to in my memory uh will approve the to in my memory uh will approve the
• 23.600><c> a</c><00:25:23.840><c> supplement</c> board meeting approved a supplement board meeting approved
• So our board approved the maximum amount they would pay based upon the living.
• So our our board board approved the &gt;&gt; Yes.

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: 01:08:10, 958, all

Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=ns5o6EZ9u2U, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, 00:27 Roll Call 00:54 Approval of Minutes 01:25 HB 833 GA 02:57 HB 833 Vote, 958, all, 2.2.42, 2.1.47

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=hnzGW6lcYcc, 2026-06-21T07:17:05+00:00, 2.2.24, Data collected via generic collector engine, Approval of Minutes – 00:30 Interstate Compact for School Psychologists – 01:19 State Marshal Annual Report Update – 18:18, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• For years, some counties have begun imposing a cash bond requirement as a condition of approval for the
• HB206 prohibits counties from requiring a cash bond as a condition of approval for the construction of
• A similar statement stating that this compact does not require congressional approval.
• So our assessment is that it does not require congressional approval, and so it's really modeling what
• The bill also permits the governor to. to appoint the presiding officer of the GCPD, mirroring the leadership

Bills: HB206, HB1238, HB2890, HB2970

Keywords: pipeline, construction, cash bond, county authority, local government, injection wells, environmental regulation, water quality, site inspection, geoscientist, satellite imagery, interstate compact, liquefied natural gas, energy resources, Gulf Coast, regulatory coordination, HB 2970, Gulf Coast Protection District, Special District Local Laws Code, governor appointment