Transcript Highlights:

• Under current law, the premium contribution rates for municipal retirees are determined locally and can
• contributions, and investment returns.
• Employees started to contribute to their retirement systems in 1946.
• Like many others, I still want to contribute in a meaningful way.
• I still want to contribute in a meaningful way to society, to support myself, and to maintain dignity

Keywords: 995, all

Summary: The committee heard testimony on a range of public retirement and municipal health insurance bills. Mass Retirees and the American Federation of Teachers supported House 2890/Senate 1848 on transparency in municipal health insurance, arguing that broker and consultant roles should be clearly defined, commissions disclosed, and dual roles prohibited to reduce conflicts of interest and costs. They also supported House 2799/Senate 1848 on protecting municipal retirees from future premium contribution increases, House 2854 on voting rights for surviving spouses in retirement board elections, and Senate 1917 on updating the definition of veteran for retirement purposes. Committee members discussed whether the veteran definition should simply conform to the federal definition going forward. Educators testified in support of House 2769/Senate 1921, which would allow teachers with at least 20 years of service to buy back creditable service for periods when they worked part-time while raising children. Multiple teachers described the financial and retirement penalties they experienced after stepping down to part-time work for child care, calling the current system inequitable and a “mom tax.” Sponsors and supporters said the bill is intended to correct that disparity and help retain teachers, while one committee member noted it appeared neutral on an actuarial basis. The committee also heard strong support for Senate 1908, which would raise the cap on outside income for public pension recipients, from retired State Police troopers who said the current limit is outdated and unfair to those forced into disability retirement after line-of-duty injuries. Another State Police representative supported House 2910 on state police pensions, citing recruitment and retention problems under current pension rules. In contrast, Hampden County Regional Retirement System officials and the Massachusetts Association of Contributory Retirement Systems opposed House 2745, a bill to restructure the Hampden County system’s governance, arguing it would weaken PERAC oversight and create an unworkable local system. They instead supported House 2813, which would extend the time to fill a vacant fifth member seat on retirement boards. At the end of the hearing, the committee voted to adjourn the hearing.

Transcript Highlights:

• If you're in an IRA or defined contribution plan, like most of the people in the private sector, you
• Then you also have market changes and some actuarial changes that have contributed to the decline in
• to... ...payroll growth, it can contribute to unfunded liability.
• How long does a defined contribution last?
• They have to be contributing along the way for that to have that opportunity.

Bills: HB188, HB52

Keywords: healthcare, insurance, patient rights, medical treatment, access, affordability, income tax, CHOOSE Act, education funding, ABLE account, tax credits, poverty threshold, legislative funding, 1136, house, all

Transcript Highlights:

• The contributions and innovations.
• Despite these challenges, Black farmers made significant contributions in agriculture.
• They were all farmers that came to Minnesota to contribute.
• They were all farmers that came to Minnesota to contribute.
• gross domestic product, contributing gross domestic product, contributing $450<01:36:30.880>

Keywords: 1187, senate, all

Transcript Highlights:

• the House of Representatives of the State of Minnesota, celebrates the Minnesota Frost and their contributions
• > the an annual observance that highlights the an annual observance that highlights the contributions
• 02.920> women<00:01:03.160> in<00:01:03.399> events<00:01:03.879> in contributions
• of women in events in contributions of women in events in history<00:01:05.119> and<00:01:05.479
• Minnesota Frost and their contributions Minnesota Frost and their contributions to<00:01:45.680>

Keywords: 1183, house

Transcript Highlights:

• Uh able to contribute to any elections. Uh able to contribute to any elections.
• So, whether it be uh uh contributions. So, whether it be uh uh contributions.
• in the they wouldn't be contributing in the they wouldn't be contributing in the first place.
• But it it's it's the same contributions. But it it's it's the same contributions.
• I get donations from get contributions. I get donations from get contributions.

Keywords: 1136, house, all

Transcript Highlights:

• Do your part to help the campaign until the very end by pressing three right now to contribute to elect
• pressing three right now to contribute pressing three right now to contribute to<00:02:33.680>
• <00:13:03.800> that's<00:13:04.079> probably in kind contributions that's probably
• under false pretenses that contributions under false pretenses that is<00:19:15.919> the<00:19
• Mr chair that is also a to contribute Mr chair that is also a problem<00:30:43.279> but<00:30

Keywords: 1187, senate, all

Transcript Highlights:

• member contributions. member contributions.
• contributions. end of the filing year, contributions end of the filing year, contributions are<04:43:
• c> coming<04:48:02.080> in will be contributions coming in will be contributions coming in
• of their um their annual contributions of their um their annual contributions the<05:12:21.360><
• so as not to fall so low again. 4.7% of expected contributions, a 4.7% of expected contributions, a

Keywords: 928, house, all

Summary: The committee first heard Senate Bill 47, sponsored by Senator Regina Birdsell at the request of the Insurance Department. The bill would clarify that a birth mother’s health insurance is the primary policy for a newborn’s care unless the mother has no coverage or no employer-sponsored coverage. Birdsell and Insurance Commissioner DJ Benton Court said the measure simply codifies the department’s long-standing interpretation of existing law. Representative Miles asked whether the coverage would extend to a grandchild if a young woman on her parents’ plan had a baby, and Birdsell said it would. The hearing on SB 47 was then closed. The committee next heard Senate Bill 121, introduced by Grant Bosi for Senator Kevin Avard. The bill requires insurers to notify the Insurance Department when they stop writing an entire line of business or, in some cases, when they change Medicare Advantage offerings. Benton Court said the bill was prompted by disruption in the Medicare Advantage market, where consumers and the department were confused by carriers exiting, changing plans, or narrowing offerings. He said the department does not regulate Medicare Advantage itself, but does license the carriers, and the notice requirement would help the department advise consumers; he also said noncompliance could affect a carrier’s license and could lead to fines. Members discussed the notice period, and the department and AHIP indicated support for changing it from 120 days to 90 days to align with federal timing. The hearing was closed with plans to work on an amendment in subcommittee. Finally, the committee heard Senate Bill 247, introduced by Representative Brian Cole, which would prohibit network exclusion for pharmacies that refuse to dispense prescriptions when PBM reimbursement is below acquisition cost. Cole said the bill is meant to stop pharmacies from being forced to sell at a loss. Members questioned whether pharmacies voluntarily enter PBM contracts, whether the bill would raise consumer prices, and whether it would mainly affect independent pharmacies. Cole and others said the issue has changed over time because PBMs now control a much larger share of the market, and that the bill would let pharmacies refuse loss-making fills and direct patients to mail order instead. The discussion also noted that the bill excludes Medicare and Medicaid and that the current proposal does not create a middle-ground option for patients to pay a premium at the counter.

Transcript Highlights:

• The campaign contribution limit for cash contributions is no more than $100 per person per election period
• The excess cash contributions will be treated like other excess contributions, where there's a 30-day
• The campaign contribution limit for cash contributions is no more than $100 per person per election period
• The excess cash contributions will be treated like other excess contributions, where there's a 30-day
• The excess cash contributions will be treated like other excess contributions, where there's a 30-day

Keywords: 912, senate, all

Summary: The committee heard several election-related bills first. SB 51, a comprehensive public financing bill for candidates, drew strong support in testimony but also concerns from the Campaign Spending Commission that the Hawaii Election Campaign Fund has only about $2.2 million, far short of what would be needed, and that the program could not realistically start in 2026 because of staffing and system changes; the commission asked for a start date no earlier than 2028. SB 118, which would create a full-time investigator position at the Campaign Spending Commission, was supported by the commission, which said it has lacked staff growth since 1995 and that an investigator is needed to handle investigations instead of having the commission’s attorney do that work. SB 255, a housekeeping bill on excess cash campaign contributions, was supported by the commission and several county officials and would require excess cash contributions over the limit to be returned within 30 days or turned over to the Hawaii Election Campaign Fund. SB 345, which would expand the current partial public financing program, was supported by the commission but drew questions because it would still allow private fundraising; the commission said that under its assumptions the bill would provide more total public funds than SB 51, with a maximum of a little over $20 million versus a little over $15 million for SB 51. Testimony counts were reported as 125 support/48 oppose for SB 51, 26 support/0 oppose for SB 118, 30 support/49 oppose for SB 255, and 30 support/49 oppose for SB 345. The committee then discussed SB 176 on recount thresholds. The Office of Elections said it would stand on written testimony, and the East Hawaii Republican Party was listed but not present. The Office of Elections explained in response to questions that the bill’s recount trigger would be based on the final election-day count, not the early 6 a.m. tabulation, because the initial count is not complete until later in the day and cured ballots are counted later; the office said it does not want to begin recounts before all election-day ballots are counted. The reported testimony count was 4 support, 50 oppose, and 2 comments. Finally, the committee heard SB 260, the Judiciary’s biennial budget bill. Judiciary staff requested about $6.17 million in FY 2026 and $6.25 million in FY 2027 for operations, 17 permanent positions and one temporary position, plus $11.9 million for capital improvements. The Judiciary said the request would support specialty courts such as Women’s Court, Truancy Court, and DWI Court, a new Wahiawa District Court unit, an additional district court judge in Kona, cybersecurity, the Criminal Justice Research Institute, and facility projects including South Kohala design work and a Kauai chiller replacement. Civil legal services providers, including Volunteer Legal Services Hawaii, Legal Aid Society of Hawaii, the Legal Clinic, Kuikahi Mediation Center, the Domestic Violence Action Center, the Hawaii State Bar Association, and the Hawaii Access to Justice Commission, all supported the bill but asked for an additional $1 million for the civil legal services line item, saying demand is high and the funding is spread across more providers than before. The Judiciary clarified that some of its requested positions would support Wahiawa and Women’s Court, and that the civil legal services funding goes to organizations serving low-income residents on issues such as immigration, domestic violence, evictions, and foreclosures. The committee also briefly took up SB 279 on fentanyl possession thresholds, where the prosecuting attorney’s office supported the bill and said fentanyl is already driving overdose deaths and that the proposed thresholds target distribution-level quantities rather than personal use.

Transcript Highlights:

• AS WE ALL KNOW, QUESTIONS HAVE SURFACED ABOUT CERTAIN CONTRIBUTIONS AND DISTRIBUTIONS MADE ABOUT HOPE
• IT SPECIFICALLY SAYS AND BOTH GRANTS THAT THEY WOULD NOT DISCLOSE THE CONTRIBUTION.
• WHAT IS THE TOTAL AMOUNT OF CONTRIBUTION THAT YOU RECEIVED?
• THE 2 501 C THAT RECEIVE THE 55 MILLION DOLLAR CONTRIBUTION WHO IS ON THE BOARD OF THOSE?
• >> I DON'T KNOW BUT I CAN SPEAK TO THE $40,000 AVAILABLE SOLUTIONS CONTRIBUTED TO SUPPORT FAMILIES IN

Transcript Highlights:

• As a researcher and applied climatologist, Professor Dupigny-Giroux has contributed to all five National
• Professor Dupigny-Giroux has contributed Professor Dupigny-Giroux has contributed to<00:08:12.640
• of her contribution to public engagement<00:08:41.360> with<00:08:41.520> science.
• <00:11:15.040> that<00:11:15.200> benefit philanthropy, contributions that benefit
• philanthropy, contributions that benefit society,<00:11:16.920> not<00:11:17.200> just<

Keywords: 926, house, all

Summary: The House opened with a devotional by Representative Tom Stevens of Waterbury, who reflected on the Sermon on the Mount as a call to resist exclusion, greed, and coercion and to focus on blessing and care for those in need. After the devotional, the chamber suspended rules to take up Senate Bill 313, relating to transforming Vermont’s career and technical education system, and committed it to the Committee on Education. The House also adopted HCR 241, a concurrent resolution congratulating University of Vermont Distinguished Professor and Vermont State Climatologist Dr. Leslie Ann Dupigny-Giroux on receiving the Manny L. Bhaumik Award for Public Engagement with Science, with members offering remarks about her climate work and public service. On the action calendar, the House passed Senate Bill 157 on recovery residence certification in concurrence with proposal of amendment, and Senate Bill 239 on the child abuse and neglect reporting working group in concurrence with proposal of amendment. During discussion of S. 239, a member explained that the House amendment was a technical correction adding the Vermont School Counselor Association and the Agency of Education as stakeholders for the working group to consult. The House also concurred in the Senate proposal of amendment to House Bill 410, which concerns the calculation of recidivism and other criminology measures; the Judiciary Committee said the Senate change was a clarifying wording revision and supported it. The chamber then moved through announcements, including recognition of visiting family members, a UVM intern, and notice of a caucus discussion on permitting modernization. A member also invited colleagues to view Vermont Railways’ train in Montpelier. The House completed its orders of the day and adjourned until the next morning at 9:30 a.m.

Transcript Highlights:

• It requires a person convicted of selling or transferring a narcotic drug that contributed to the death
• It requires a person convicted of selling or transferring a narcotic drug that contributed to the death
• Madam Chair, members, Senate Bill 1270, correctional officers supplemental contributions, passed out
• As you'll recall, members, House Bill 2874, campaign committees termination statements, contributions
• For campaign committees and their termination statement, if they had not received any contributions or

Keywords: 1182, all

Summary: The meeting was a caucus review of a large calendar of Senate bills, with members mainly hearing short titles, committee vote counts, and whether bills were on consent or pulled for further discussion. Many measures were reported out on party-line or split votes and several were flagged to be removed from consent, especially bills involving artificial intelligence content verification, public benefits eligibility, gender transition procedures liability, health insurance reimbursement for vaccines, light rail feasibility review, public employees merit hiring, public records fees, virtual currency payments, tax conformity, undocumented immigrants and financial services, central bank digital currency, and public monies investment in trust currency. The caucus also discussed a number of education, public safety, child welfare, health, and regulatory bills. These included measures on school communications, bullying liability, AED training, classroom management, school safety reporting, DCS procedures, fingerprinting at behavioral health facilities, probation conditions, missing children reporting, sex offender monitoring, crimes against children probation monitoring, and domestic violence release conditions. Several members raised objections or concerns about specific bills, including mandatory sentencing, religious sectarian law language, concealed weapons notice repeal, and a bill on death sentence by firing squad, with some members asking to pull those bills from consent. A final topic was a blue-sheet Senate amendment to HB 2874 on campaign committee termination statements and penalties. Rhonda explained the Senate changes would void penalties for committees with no contributions or expenditures, retroactive to December 2021, but noted the Senate did not secure enough votes for the emergency clause. Members asked about the rationale, the Secretary of State’s position, and the amount of outstanding penalties. The chair later announced that the Senate amendment was being refused, so the bill would not receive final passage that day and would instead be sent back for further action or conference.

Transcript Highlights:

• We are grateful for their contributions and proud to recognize their impact.
• We are grateful for their contributions contributions contributions and<00:04:20.519> proud<00
• on the Senate floor today due to space limitations, we are proud to recognize his outstanding contribution
• David specializes in sixth contribution.
• remarkable contributions to education. remarkable contributions to education.

Bills: HB1800, HB2095, HB1158, HB1518, HB1752, SCR23, SCR24, SCR25, SCR26, SCR27, SCR28, SCR29, SCR30, SCR31, SCR32, SCR33, SCR34, SCR35, SCR36, SCR37, SCR38, SCR39, SCR40, SCR41, SCR42, SCR43, SCR44, SCR45, SCR46, SCR47, SCR48, SCR49, SCR50, SCR51, SCR52, SCR53, SCR54, SCR55, SCR56, SCR57, SCR58, SCR59, SCR60, SCR61, SCR62, SCR63, SCR64, SCR65, SCR66, SCR67, SCR68, SCR69, SCR70, SCR71, SCR72, SCR73, SCR74, SCR75, SCR76, SCR77, SCR78, SCR79, SCR80, SCR81, SCR82, SCR83, SCR84, SCR85, SCR86, SCR87, SCR88, SCR89, SCR90, SCR91, SCR92, SCR93, SCR94, SCR95, SCR96, SCR97, SCR98, SCR99, SCR100, SCR101, SCR102, SCR103, SCR104, SCR105, SCR106, SCR107, SCR108, SCR109, SCR110, SCR111, SCR112, SCR113, SCR114, SCR115, SCR116, SCR117, SCR118, SCR119, SCR120, SCR121, SCR122

Keywords: supplemental appropriations, state budget, Hawaii budget, biennial budget, capital improvement projects, CIP, general fund, special fund, green fee, special land and development fund, clean energy revolving loan fund, agricultural development revolving fund, community grants, nonprofit grants, Office of Community Services, housing, affordable housing, homelessness, health care, mental health

Transcript Highlights:

• All of those costs contribute to the final price that a house is sold at, and so if we can reduce any
• <00:06:56.520> to<00:06:57.280> the<00:06:57.720> absolute have all contributed
• to the absolute have all contributed to the absolute need<00:06:58.400> to<00:06:58.520> bring
• to the cost whether it be contributes to the cost whether it be the<00:08:07.599> materials<00
• <00:08:15.840> to it all of those costs they contribute to it all of those costs they contribute

Keywords: 1187, senate, all

Summary: Senator Eric Lucero testified about Minnesota’s housing affordability challenges, arguing that rising interest rates, insurance costs, property taxes, and construction expenses are being passed on to renters and homeowners. He said the core problem is supply and demand: demand has risen while supply has not kept pace, in part because fewer homeowners are selling or downsizing. Lucero said the legislature should look for ways to reduce costs without creating major new state expenses, especially in a budget year with a projected deficit. Lucero highlighted several policy ideas and bills. He said he has introduced a bill to exempt sales tax on building materials, which he argued would lower the final cost of new homes. He also said he is interested in reducing permit costs and examining other factors that affect construction costs, including materials and labor. On insurance and property taxes, he suggested lawmakers should consider reforms or relief measures, while noting that interest rates are largely beyond state control. The discussion also focused on homeowners associations and common interest communities. Lucero said he has been part of a bipartisan work group for about six months that reviewed public testimony and expert input, and that the group has now issued recommendations. He said he and other legislators plan to turn those recommendations into one or more bipartisan bills aimed at improving transparency, accountability, and reducing costs for homeowners. He closed by saying housing affordability affects everyone and that he believes there is momentum this year for reforms that support homeownership and generational wealth.

Transcript Highlights:

• peoples, whose history,<00:13:00.720> culture,<00:13:01.640> and<00:13:01.760> contributions
• <00:13:02.800> have history, culture, and contributions have history, culture, and contributions
• enduring rich traditions, languages, and enduring rich traditions, languages, and enduring contributions
• of the Dakota and contributions of the Dakota and Anishinaabe<00:13:41.480> peoples<00:13:42.320
• Minnesota and encourages all Minnesotans to honor and celebrate the histories, cultures, and contributions

Keywords: 919, house, all

Summary: The House convened with prayer, the Pledge of Allegiance, roll call, and a quorum present. The journal of the previous day was approved, Senate File 4515 was read for a second time, and House Files 5156 through 5160 were introduced and given first reading. The chamber also received a Senate message regarding Senate File 2077, which had been taken from the table and assigned new Senate conferees. The House agreed to the Senate’s request for a conference committee on Senate File 2077, and the Speaker later appointed Representatives Heinsman, McDonald, Vang, and Fischer to that committee. The Rules and Legislative Administration Committee brought forward resolutions to authorize continued House operations in advance of organization, direct correction and approval of the final House journal, and retain parking for members and employees between sessions; each was adopted. Members briefly discussed the continued operations resolution, with support noted as a housekeeping measure aligned with prior practice. The House also adopted a resolution recognizing May as American Indian Month in Minnesota. The resolution highlighted Minnesota’s 11 federally recognized tribes, the state’s long recognition of American Indian Month, and the contributions and resilience of Dakota and Anishinaabe peoples, while urging collaboration with tribal nations. During announcements, Representative Vang noted the death of former Representative Michael Nelson and asked for a moment of silence. Representative Long asked about Senate File 4067, the gun violence prevention package, and was told it was being reviewed with other omnibus bills. The House then adopted a motion to adjourn until 10:00 a.m. Monday, May 18, 2026, and stood in recess.

Transcript Highlights:

• need to be appropriations for the Public Safety employer contributions also need to come out of the
• need to be contributions need to be those<00:07:01.800> appropriations<00:07:02.480> for
• Paul Teachers to decrease the employee contributions by 1%. Article 4 is a new plan.
• Article 6 is this reduction in employee contributions to these two new plans.
• to the low carbon continue contribute to the low carbon energy<00:30:20.120> sector.

Keywords: 1187, senate, all

Transcript Highlights:

• Month serves as a time to acknowledge and celebrate the rich traditions, languages, and enduring contributions
• of Minnesota and encourages all Minnesotans to honor and celebrate the histories, cultures, and contributions
• 13.360> enduring traditions, languages, and enduring traditions, languages, and enduring contributions
• of the Dakota and Anisha contributions of the Dakota and Anisha Ojiway<00:11:17.040> peoples<
• <00:12:15.680> of histories, cultures and contributions of histories, cultures and contributions

Keywords: 1183, house

Transcript Highlights:

• Senator Miles: ...and its members' efforts have made an important contribution to the goals of equality
• And now I would like to ask all members to join together as we recognize the historic contributions of
• Senator Perry: ...contributed to the vitality and prosperity of the Lone Star State.
• Senator Perry: ...for her exemplary service and contributions to the engineering field.
• The Chair lays out the following resolution regarding the integral contributions made by the people of

Bills: SJR36, SB2, SR9, SR10, SR16

Keywords: American Public Works Association, public works, infrastructure, Texas, recognition day, local government, municipalities, APWA, Texas Chapter, community development, engineering, professional recognition, community impact, Texas Society of Professional Engineers, Lubbock leadership, recognition, professional achievement, Alpha Kappa Alpha, sorority, social service

Transcript Highlights:

• Thank you for your contributions, and thank you for your service.
• So thank you so much for your sacrifice and your contributions.
• The state did recognize our Lao, Cambodian, and Vietnamese sacrifices and veterans' contributions and
• This initiative has regional significance, contributing to the health of Lake Superior's watershed.
• Restoration and species recovery while directly contributing to long-term population success.

Bills: HF2411, HF2471, HF1440, HF1393, HF1631, HF1259, HF280, HF1281, HF1459

Keywords: cultural heritage, funding, White Earth Nation, tribal community, construction, Delano, sesquicentennial, community events, fall of Saigon, Saigon anniversary, Vietnam War commemoration, Vietnamese Minnesotans, Cambodian Minnesotans, Lao Minnesotans, Southeast Asian refugees, Asian American heritage, cultural heritage fund, Minnesota Humanities Center, Council on Asian Pacific Minnesotans, equity funding

Transcript Highlights:

• is say for every year that they receive those dollars, they stay in the state of Minnesota and contribute
• :04.960> Minnesota<00:01:05.360> and<00:01:05.519> contri<00:01:06.080> contribute
• We want them to stay and raise a family, and we want them to stay and contribute to Minnesota's economy
• We want them to stay and raise a family, and we want them to stay and contribute to Minnesota's economy
• and contributing to our economy.

Keywords: 1183, house

Transcript Highlights:

• <00:05:02.320> only<00:05:02.960> uh<00:05:03.280> non-hazardous contribution only
• uh non-hazardous contribution only uh non-hazardous employees<00:05:04.960> on<00:05:05.160><
• they will begin contributing they will begin contributing 1%<00:05:17.080> which<00:05:17.240
• 2% of their pay of begin contributing 2% of their pay of the<00:05:28.039> current<00:05:28.400
• rates for this fund and contribution rates for this fund and while<00:05:49.360> the<00:05:49.520

Keywords: Meeting Start: 00:11 Attendance Roll Call: 00:18 Senate Bill 10 (Sen. Mills): 01:47 Senate Bill 65 (Sen. West): 18:47 Senate Bill 104 (Sen. Madon): 25:41 Adjournment: 31:38, 958, all

Summary: The Senate Standing Committee on State and Local Government heard testimony on Senate Bill 10, which would revise CERS retiree health subsidies for members who began participating on or before July 1, 2003. Senator Mills said the bill was developed with employee and employer groups to improve retiree health benefits while protecting the system’s financial footing, using a shared-cost structure. Testimony from sheriffs, police chiefs, firefighters, and the League of Cities strongly supported the bill, emphasizing recruitment and retention, affordability of retiree health coverage, and limited taxpayer risk. Members echoed those points, and the committee approved SB 10 with a 9-0 favorable recommendation. The committee then took up Senate Bill 65, sponsored by Senator West, which would codify the Administrative Regulations Committee’s annual practice of placing certain deficient regulations into statute so they cannot take effect. West explained that the committee’s role is limited to finding regulations deficient or asking for deferral, and that SB 65 is the fifth version of this measure. He described the specific regulation at issue as a Medicaid Services rule that would have required behavioral health associates to hold a master’s degree; providers testified that it would reduce the workforce and harm behavioral health services statewide. West said the committee had deferred the matter eight times before deciding to side with providers. The bill received favorable expression and was reported out. Finally, the committee heard Senate Bill 104, sponsored by Senator Madon, concerning Kentucky Deferred Comp for state employees. The bill would establish a codified fiduciary standard, authorize fiduciary liability insurance, add self-correcting mechanisms to keep the plan in compliance with federal law, and allow self-directed brokerage accounts. Personnel Cabinet representatives said the changes would align the plan with other public pension plans, reduce risk, and offer participants a useful investment option with strong account growth among users. SB 104 also received favorable expression and was reported to the floor. The committee then adjourned.