Video & Transcript : 'LBA Briefing on Budget' :
Page 80 of 500
NH
New Hampshire 2025 Regular Session
House Executive Departments and Administration (01/15/2025)
Transcript Highlights:
- on the on the representative Gro is on the on the currently<00:22:00.120><c> on</c><00:22:00.240><c>
- /c> couple of examples on here on one end couple of examples on here on one end you've<01:11:09.280><
- One of the reasons to have this briefing is not just to learn a little bit about something that's not
- One is the fiscal note worksheets, the bill briefs that we prepare, afternoons like this afternoon when
- One is the fiscal note worksheets, the bill briefs that we prepare, afternoons like this afternoon when
Summary:
The committee held an orientation for new and returning members of the House committee on agencies and administration, with introductions from members and staff. Chair Carol Maguire outlined her expectations for hearings: keep questions focused on the bill, be respectful to witnesses, and use the committee’s orientation opportunities to learn about the jail staff, retirement system, and Office of Professional Licensure. Members also discussed related assignments on other bodies, including the Joint Legislative Committee on Administrative Rules and the Joint Committee on Employee Classification, and noted that some members already serve on those panels.
A substantial portion of the meeting focused on the State Building Code and the committee’s upcoming workload. Members explained how the state code is intended to provide a common baseline while allowing limited local options, and why municipalities must formally adopt and publish any local amendments. They reviewed several anticipated bills: a consolidation bill to gather building-code enforcement materials in one place, a bill to update the state energy code, a bill to restrict municipal adoption of building-code changes, and a bill to update the electrical code. Members also discussed how building codes apply to older homes and commercial buildings, and why code updates are important for safety and clarity.
The chair said the committee had 36 bills currently scheduled, including many early bills that must move by March 6 because they will be heard by two committees. She said the committee would use subcommittees for harder bills, with three subcommittees this year: pensions, licensing, and likely state building code. She also outlined the hearing schedule, including lighter bills on February 12 and the expectation of executive sessions later in the month. No votes were taken during the orientation, but members were told that public hearings do not require a quorum and that hard copies of bills would be distributed by committee staff.
NH
New Hampshire 2025 Regular Session
House Finance Division II (02/24/2025)
Transcript Highlights:
- So in our efficiency budget on page 4202 of our efficiency budget request for class 30 equipment, the
- </c><00:50:30.400><c> on</c> question so in our efficiency Budget on question so in our efficiency Budget
- /c><01:01:23.960><c> year</c><01:01:24.280><c> and</c><01:01:24.720><c> we</c> on it's a tough budget
- year and we on it's a tough budget year and we really<01:01:25.079><c> need</c><01:01:25.240><c> to<
- </c> or one year or until the next budget or one year or until the next budget comes<03:55:55.319><c>
Summary:
The Finance Division 2 hearing took testimony from the director of New Hampshire Police Standards and Training on the agency’s budget request and operations. He described the agency’s role in setting hiring, education, certification, and discipline standards for police, corrections, probation and parole, and court security officers, and noted that the agency runs the full-time, part-time, corrections, and court security training programs. He also outlined the agency’s staffing, facility, and budget request for FY 2026-27, including a request to keep funding level with the governor’s recommendation while shifting funds to support an IT manager position by defunding a vacant administrative slot.
The agency requested several statutory changes in Chapter 106, including clarifying the definition of police misconduct, allowing a temporary member on the Conduct Review Committee, clarifying reporting requirements for misconduct allegations, and codifying the Law Enforcement Accreditation Commission. The director also reviewed new responsibilities added in recent years, including crisis intervention training, statewide accreditation, the Conduct Review Committee, and increased annual in-service training requirements. He explained that crisis intervention funding is carried in a continuously appropriated, non-lapsing account and that some budget lines were reclassified, including software and janitorial services, to reflect actual spending needs.
Members asked about national standards, the different academy tracks, crisis intervention funding, maintenance and contract changes, temporary positions, and the court security training program. The agency said it coordinates with national peers through IADLEST, that the part-time and corrections academies are longstanding programs, and that the new court security academy can be delivered either as a full academy or as in-service training depending on resources. The director also said the agency has been running extra full-time academies because of high vacancy rates, but expects to return to three full-time academies this year, with two corrections academies and one or possibly two part-time academies. He also explained the current approach to misconduct records and public disclosure, saying sustained findings under RSA 106-L are heard by the council and published, replacing the older, less standardized exculpatory list process.
TX
Texas 89th Regular
89th Legislative Session - First Called Session Aug 15th, 2025
Texas House Floor Meeting
Transcript Highlights:
- Members, strict enforcement has been requested on the roll call by Representatives Canales, Cortez, Mary
- pledge allegiance to the flag of the United States of America. and to the Republic for which it stands, one
Bills:
HB4, HB1, HB2, HB18, HB19, HB20, HB4, HB1, HB 2, HB20, HB19, HB18, HB 4, HB 1, HB 2, HB 18, HB 19, HB 20
Keywords:
redistricting, congressional districts, Texas Legislature, elections, 2020 Census, disaster response, emergency management, mass fatality, justices of the peace, training programs, emergency manager license, volunteer management, justice of the peace training, criminal history checks, state health services, emergency communication, interoperability, grant program, first responders, state council
TX
Texas 89th Regular
89th Legislative Session - Second Called Session Aug 15th, 2025
Texas House Floor Meeting
Transcript Highlights:
- Texas, one state under God, one indivisible. God bless you all.
- Some remain open for the entire First Called Special Session working on their legislation.
- All of next week, and we will work to accomplish every item on the call and even some more.
- Speaker, I move a call on the House until consideration of HB4 on third reading is completed.
- Sharon moves a call on the House until consideration of HB4 on third reading is completed.
Bills:
HB4, HB1, HB2, HB18, HB19, HB20, HB4, HB1, HB 2, HB20, HB19, HB18, HB 4, HB 1, HB 2, HB 18, HB 19, HB 20
Keywords:
redistricting, congressional districts, Texas Legislature, elections, 2020 Census, disaster response, emergency management, mass fatality, justices of the peace, training programs, emergency manager license, volunteer management, justice of the peace training, criminal history checks, state health services, emergency communication, interoperability, grant program, first responders, state council
TX
Transcript Highlights:
- One is...
- on.
- I mean, most homes in Texas are on slab on grade.
- They built it on the rocks.
- Budgets, leaving many to wonder if they can afford to keep the lights on.
Bills:
HB407, HB871, HB882, HB2011, HB3572, HB3578, HB4038, HB4866, HB4897, HB4978, HB5380, HB5555, HB5668, HB5670, HB5674, HB5676, HB5679, HB5688, SB673
Keywords:
solar energy, residential construction, building code, municipal regulations, energy compliance, building codes, interconnection, education, funding, teacher support, student resources, school infrastructure, municipal requirements, environmental sustainability, municipalities, construction, agricultural operation, International Code Council, county regulations, construction fees
TX
Transcript Highlights:
- So let's be honest, this decision and this debate is just as much a political one as it is a policy one
- Appreciate all of your work on it. I will acknowledge that there is potentially one vulnerability.
- As an example, if I go to Home Depot on Friday, pick up.
- on Monday.
- Chairman Gates, on behalf of the city of...
Bills:
HB407, HB871, HB882, HB2011, HB3572, HB3578, HB4038, HB4866, HB4897, HB4978, HB5380, HB5555, HB5668, HB5670, HB5674, HB5676, HB5679, HB5688, SB673
Keywords:
solar energy, residential construction, building code, municipal regulations, energy compliance, building codes, interconnection, education, funding, teacher support, student resources, school infrastructure, municipal requirements, environmental sustainability, municipalities, construction, agricultural operation, International Code Council, county regulations, construction fees
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 4/16/26
State Government Finance and Policy
Transcript Highlights:
- </c> can amend on what we've been working on can amend on what we've been working on in<00:01:34.720>
- </c> see the need to put it on to this bill. see the need to put it on to this bill.
- </c><00:28:59.720><c> And</c> yes vote on as amended. And yes vote on as amended.
- </c> So, just want to go on the record. So, just want to go on the record.
- on a call this week I was on a committee on a call this week where<00:54:01.440><c> we</c><00:54:01.600
Bills:
HF4074
Keywords:
retirement, pension, public employees, MSRS, PERA, TRA, St. Paul Teachers Retirement Fund Association, police and fire, correctional employees, probation officers, telecommunicators, dispatchers, 911 operators, public safety answering point, PSAP, firefighters, volunteer firefighters, paid on-call firefighters, fire relief association, state aid
TX
Transcript Highlights:
- One was on the utility side, and that's being dealt with in another bill.
- You know, sometimes the issues we will argue on, it won't be easy to argue on.
- And what we might disagree on today, tomorrow, we'll agree on something.
- Senator Parker, we did take one vote on the Colcost bill that we subbed in.
- Um, Senator Parker, we did take one vote on the coal course bill that, uh, we subbed in.
Keywords:
occupational licenses, renewal, Texas Commission on Environmental Quality, registration, license expiration, HB 2663, inactive well, plugging extension, Railroad Commission of Texas, RRC, oil and gas, orphan wells, well cleanup, well plugging, abandoned wells, surface equipment removal, electric service termination, administrative penalty, Natural Resources Code, Section 89.029
Summary:
The Senate Committee on Natural Resources heard several House bills dealing with environmental regulation, oil and gas safety, landfill permits, and utility cost recovery. HB 1237, by Rep. Geren and sponsored by Sen. Zaffirini, would extend TCEQ occupational license renewal deadlines from 30 days to 90 days, allow renewal up to one year with higher fees, and require a new application after longer expiration; the committee substitute clarified that applicants may continue working only until renewal is approved or denied and set a 180-day cutoff for renewal. HB 3071, sponsored by Sen. Hancock, would require TCEQ to cancel certain long-dormant municipal solid waste permits; members discussed concerns about precedent, ownership changes, and whether the bill should be narrowed, and the bill was left pending with a committee substitute expected.
The committee also heard HB 2663, sponsored by Sen. Birdwell, which would require operators of inactive oil and gas wells to remove or de-energize electrical equipment after 10 years and authorize Railroad Commission penalties for false compliance. Testimony from landowners, cattle raisers, and the Sierra Club supported the bill as a wildfire-prevention measure, and the bill was left pending. HB 4384, also by Rep. Darby and sponsored by Sen. Birdwell, would let natural gas utilities defer certain infrastructure costs for later recovery through the GRIP process; utility representatives supported it as credit-positive and consistent with existing accounting, while consumer advocates opposed it as increasing rates without enough oversight. The committee discussed possible amendments to add more cost controls, and the bill was left pending.
Later, the committee voted HB 2563, the companion to SB 2510, favorably to the full Senate by a 5-0 vote and ordered it certified for the local and uncontested calendar. The committee then took up HB 143, which would codify interagency procedures for addressing electrical power line safety at well sites and related facilities after wildfire concerns; members said a committee substitute had been negotiated with agencies and stakeholders to clarify responsibilities, timelines, and inspection authority while reducing fiscal impact. No final vote was taken on HB 143, and the committee recessed with several bills still pending.
TX
Texas 89th Regular
Senate Committee on Water, Agriculture, and Rural Affairs Mar 3rd, 2025
Water, Agriculture and Rural Affairs
Transcript Highlights:
- It's one of those.
- Amendment on the floor? On the floor. I do. Very well. It's your bill. We'll do that. Thank you.
- You're one of those unsung heroes.
- Okay, on Senate Bill SB40, the only one we have is Jerry.
- Do you want that one to go to local?
Keywords:
water resources, interlocal contracts, local government, collaboration, planning activities, wildfire response, firefighting equipment, emergency services, state database, Texas Forest Service, customer complaints, Public Utility Commission, water service, complaint process, utility regulation, SB 971, Texas Water Assistance Program, Water Code, rural political subdivision, rural water
KY
Kentucky 2026 Regular Session
Investments in IT Improvements & Modernization Projects Oversight Board (10-9-24)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=Mij2pGMynAo, 2026-06-21T07:17:08+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start 00:00:00
Roll Call 00:00:55
Interoperability of Communications 00:0218
Identification of Legacy Projects 00:48:45
Discussion on Master Agreements 00:57:00
Topics from Discussion Among Members:
January Meeting Date 01:15:00
Correspondence Received 01:17:30
Revision to Project Request Data Items 01:20:03, 958, all, 2.2.42, 2.1.47
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Appropriations and Revenue (2-14-24)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=ZcL0JsBeZTI, 2026-06-21T07:17:06+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start 00:00:00
Attendance Roll Call 00:00:07
Medicaid Nursing Home Rate Rebase 00:00:33
Medicaid Funding Sources 00:10:06
Personnel Cabinet Update on Classification & Compensation Report 00:31:00
NKY Medical Examiner Office & KSP Crime Lab 00:39:12
Medicaid Out-of-State Reimbursement Rate 00:55:22, 958, all, 2.2.42, 2.1.47
KY
Kentucky 2026 Regular Session
KY Health & Human Services Delivery System Task Force (8-22-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=uHvqTsDNF_U, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, 00:00:22 Call to Order & Roll Call
00:01:13 Approval of Minutes
00:01:35 Discussion of Nursing Home Inspections
00:32:18 Discussion of Turnover Rates & Vacancy Rates within CHFS
00:52:20 Discussion of Payment Rates for Medicaid Contracts
01:20:45 Update on Waiver Programs
01:59:16 Adjournment, 958, all, 2.2.42, 2.1.47
KY
Kentucky 2026 Regular Session
House BR Subcommittee on Personnel, Public Retirement, and Finance (3-8-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=zRfrJJC6X9w, 2026-06-21T07:17:03+00:00, 2.2.24, Data collected via generic collector engine, MEETING START 00:00
ROLL CALL 00:43
APPROVAL OF MINUTES 01:08
DISCUSSION WITH FINANCE AND ADMINISTRATION OFFICE OF PROCUREMENT SERVICES, 01:56
HOLLY JOHNSON, SECRETARY OF FINANCE AND ADMINISTRATION CABINET, AND
BRIAN THOMAS, GENERAL COUNSEL ON PROCUREMENT FOUNDATION, MODEL PROCUREMENT
CODE, KY PURCHASING ORDERS, SERVICE CONTRACTS, ADMINISTRATIVE REGULATION, AND
PROCESS TIME LINES., 958, all, 2.2.42, 2.1.47
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/05/2025)
Transcript Highlights:
- ><c> group</c><00:23:39.400><c> one</c> same way group one group one group one same way group one group
- Like, you know, for instance, the women's prison went through the operating budget at one point, or there
- So were we to pass this bill, there's probably no effect on the budget, right, unless it's utilized.
- on the<04:29:09.760><c> the</c><04:29:09.920><c> budget</c> right<04:29:13.840><c> unless</c><04:29:
- I think let's look at the next one: Budget and Appropriations revolving funds. Um, volum...
Summary:
The committee took up House Bill 2 retirement provisions, focusing on Group Two/Tier B changes in pages 25-39. Jan Goodwin of the New Hampshire Retirement System and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions, but it restores certain pre-2011 benefit rules for Tier B members, including changes to average final compensation and earnable compensation, and it also addresses the annuity multiplier for years of service. Members discussed the tier structure, with Tier A referring to vested members, Tier B to those hired before 11/1/12 who were not vested, and Tier C to later hires. Several members expressed concern that the bill’s purpose was to restore Tier B benefits, not to change Tier A rules or create broader changes affecting newer hires.
The retirement system flagged two likely drafting problems. First, it said a provision appears to omit a special-duty/earnable-compensation limitation in the Group Two section, which they believed was a scrivener’s error caused by moving language out of the Group One definition without adding it back for Group Two. Second, they noted the bill’s multiplier language overlaps with changes already enacted in HB 1647, which increased the multiplier for service beyond 15 years for Group Two and carried an estimated $26 million cost. The committee discussed that HB 1647 was originally broader in the House, but the Senate narrowed it to Tier B only.
The actuary’s comparison of the 2023 and 2025 HB 2 versions showed the bills are close, but the 2025 version differs in funding and timing. Staff said the 2025 bill appropriates $2.5 million more per year for 10 years, and that, together with updated actuarial assumptions and a larger share of the affected tier having already retired or otherwise left service, results in a larger reduction in unfunded liability than the 2023 bill: about $98.2 million versus $68.5 million. Employer contribution impacts were described as small overall, though the 2025 bill was said to be somewhat more favorable than the 2023 version. Members also questioned why House Bill 1 only funds $5 million in the first year, and staff said that was tied to the governor’s revenue estimate and that the full funding does not begin immediately. No votes were taken in the portion provided; the committee mainly received testimony, asked clarifying questions, and noted that some issues would be addressed in the fiscal note worksheet.
NH
New Hampshire 2025 Regular Session
House Finance Division III (03/03/2025)
Transcript Highlights:
- And since it's under $1 million in funds, it does not appear on the budget briefing book.
- And since it's under $1 million in funds, it does not appear on the budget briefing book.
- if the questions we're asking on the PowerPoint have been anticipated and put into the budget briefing
- </c><03:08:54.680><c> briefing</c><03:08:55.439><c> books</c> these um these uh budget briefing books
- In the governor's budget, that was taken out, and as I mentioned, that's on page 881 of the budget.
Summary:
The committee held a Division 3 budget work session focused on the Department of Health and Human Services’ Division of Economic Stability. Karen Hebert, the division director, and Nathan White, DHHS chief financial officer, walked members through the governor’s operating budget pages and a briefing book, explaining that the division was consolidated in 2018 and serves programs aimed at financial stability, poverty reduction, child care access, and related supports. Members repeatedly asked for clearer breakdowns of general fund spending, historical growth since consolidation, and how the division’s broad mission areas map onto specific budget lines.
A major portion of the discussion centered on the Bureau of Child Development and Head Start collaboration and the child care subsidy program. Hebert said the child care scholarship/subsidy helps low- and moderate-income families access daycare so parents can work, attend school, or receive treatment, and that eligibility is based on state median income up to 85%. She reported a 45% increase in utilization, 4,032 children receiving daycare support as of the end of January, and about 15% of eligible children being served. She also described the quality improvement system “Granite Steps for Quality,” with 160 providers enrolled out of 717 licensed programs, and noted that 1,200 child care professionals added credentials in the last year.
Members pressed for cost-benefit information, asking for data on how much the state pays, how many providers and children are served, and whether the department could quantify unmet need. The witnesses said some projects were funded with short-term ARPA child care dollars and that detailed cost data for specific examples, such as the Gorm Community Learning Center expansion, would need to be looked up. They also explained that the child care fund is a federal block grant with required spending set-asides of 9% for quality, 3% for infants and toddlers, and up to 5% for administration, and that unused funds remain available. The committee also reviewed slide 10’s accounting units, including that the Child Care Workforce Fund is 100% general funds and was created as a priority item under HB 2 from the 2024 session, while some other child care-related units are 100% federal funds.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/12/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Upon completion, they're publicly released and posted on the LBA website, and that's kind of what a regular
- Upon completion, they're publicly released and posted on the LBA website, and that's kind of what a regular
- And so in a given year, on an operating budget year, you really see kind of activity in two different
- And so in a given year, on an operating budget year, you really see kind of activity in two different
- So in a given operating budget year, about 800 fiscal notes get completed, and on average about 1,500
NH
Transcript Highlights:
- , and Energy Committee will be getting a briefing from the department on this update.
- House version of the big beautiful budget bill imposes a 10-year retroactive ban on AI legislation in
- So based on the proposed budget, expansion of the program will only be able to accept an additional 1,100
- So based on the proposed budget,<05:20:12.320><c> expansion</c><05:20:12.878><c> of</c><05:20:13.040>
- New Hampshire's public schools rely on local property taxes, and school budgets are carefully developed
NH
New Hampshire 2025 Regular Session
House Finance Division III (02/26/2025)
Transcript Highlights:
- budget briefing book section the DCF um budget briefing book section and<00:08:16.840><c> just</c><00
- Yes, on page 865 of the budget.
- </c><01:30:15.560><c> page</c> budget um this is on page budget um this is on page 864<01:30:18.320><
- ><c> budget</c><01:30:20.679><c> and</c> 864 um on the governor's budget and 864 um on the governor's
- </c> is on page 854 of the governor's budget is on page 854 of the governor's budget again<01:55:46.040
Summary:
The Division 3 House Finance Committee opened a work session and announced scheduling updates, including a second Medicaid work session on March 5 at 9:00 a.m. and a reminder that recommendations or budget amendments must be moved to the full finance committee by the end of March. Members were told no motions, roll calls, or votes would be taken, and the chair also reviewed upcoming meeting dates and weather-related cancellation procedures. The day’s presentation was a budget work session on the Division for Children, Youth and Families (DCYF), with officials Marie Nunan and Nathan White introducing the agency’s budget materials and mission.
DCYF’s presentation focused on its core mandates and recent operational changes. Officials described child protective services, juvenile justice services, and the Sununu Youth Services Center, then highlighted workforce improvements, including reduced vacancy rates for assessment caseworkers, juvenile justice officers, and youth counselors. They attributed the staffing gains to legislative pay raises, mass recruitment posting changes, a more stable and trauma-informed model at SYC, and broader flexibility after prior budget cuts and hiring freezes. Members asked about full-time versus part-time staffing, and DCYF said most positions discussed were full-time, with some harder-to-fill part-time youth counselor roles at SYC.
The committee also discussed DCYF’s emphasis on serving families earlier through its Community Navigator hotline referrals and community-based voluntary services, which are intended to connect families to supports before abuse or neglect escalates. Officials said the Community Navigator program had received 807 referrals since August 2023. On juvenile justice, DCYF described its assessment and diversion process and said it had reduced juvenile probation involvement by 30% from 2019 to 2023; members were directed to slide 17 for 2024 data, and officials said the trend continued toward fewer in-home juvenile justice cases. The agency also reported progress in kinship care, saying initial out-of-home placements with kin now occur 74% of the time and that kinship placements are associated with more reunification. Officials said kinship caregivers are being licensed and paid similarly to foster parents, and that the legislature’s kinship law has helped. Finally, DCYF outlined transition-age youth supports, including the HOPE program, Youth Villages LifeSet, and housing vouchers. No votes or formal actions were taken.
NH
New Hampshire 2025 Regular Session
Senate Health and Human Services (01/29/2025)
Health and Human Services
Transcript Highlights:
- Come on up front."
- to have one of those blades be able one to have one of those blades be able to<01:00:12.400><c> go</
- by one in their office uh let's see one by one in their office uh let's see will<01:52:02.199><c> help
- on the one hand from Agents and Brokers on the one hand consumers<03:00:34.359><c> on</c><03:00:34.560
- No one else on Senate Bill 121?
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/05/2025)
Transcript Highlights:
- Like, you know, for instance, the women's prison went through the operating budget at one point, or there
- /c><01:40:15.840><c> was</c> the operating budget at one or there was the operating budget at one or
- So were we to pass this bill, there's probably no effect on the budget, right, unless it's utilized.
- on the<04:29:09.760><c> the</c><04:29:09.920><c> budget</c> right<04:29:13.840><c> unless</c><04:29:
- I think let's look at the next one, so Budget and Appropriations revolving funds...
Summary:
The committee took up House Bill 2 provisions affecting the New Hampshire Retirement System, focusing on Group 2/Tier B retirement changes in pages 25 through 39 of the bill. NHRS Executive Director Jan Goodwin and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions and to HB 727, with the main difference being that the 2025 version does not include the earlier increase in the maximum benefit. They also said the fiscal note for HB 2 is based on earlier actuarial work and that an updated valuation was expected later in the week.
A major topic was whether the bill accidentally removed an anti-spiking or special-duty compensation limit. NHRS said the omission appears to be a scrivener’s error caused by moving language between Group 1 and Group 2 definitions, and they planned to flag it in the fiscal note. Members also reviewed the bill’s intent to restore Tier B members to pre-2011 benefit rules, including changes to earnable compensation, average final compensation, and the comp-over-base rule. Some members questioned whether restoring those older rules was appropriate, arguing the 2011 changes were meant to curb pension spiking and that undoing them could be problematic.
The committee also discussed the bill’s cost and funding assumptions. NHRS said the 2025 bill would reduce unfunded actuarial liability by about $98.2 million and would have a more favorable effect than the 2023 version, while employer contribution impacts would remain relatively small. Members noted the bill assumes annual appropriations of $27.5 million for 10 years, but House Bill 1 currently provides only $5 million in the first year, and NHRS had not yet analyzed the effect of that shortfall. No votes were taken in the portion provided; the discussion was informational and focused on clarifying the bill’s language, intent, and fiscal impact.