Transcript Highlights:

• <05:06:54.558> of to the peace security and stability of to the peace security and stability
• /c><05:26:58.280> risk anyone understand there is a risk anyone understand there is a risk premium
• 00.240> if<05:27:00.320> you<05:27:00.440> screw<05:27:00.760> around premium
• and look if you screw around premium and look if you screw around with<05:27:01.160> this<05:
• it's a fancy way called a term premium it's a fancy way of<05:27:05.400> saying<05:27:06.400>

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, January 14, 2025, 1012, house, all

Transcript Highlights:

• So, moving to the Public School System Stabilization Account, the state’s rainy-day fund for schools,
• That's not huge, but it's indispensable if revenue drops and the state needs to stabilize programs very
• What are the, I think you said, stable districts or stability? What classifies a district as that?
• A district would be in stability if it’s typically driven by a decrease in their enrollment from the
• So if a district starts to experience recovering enrollment, they could move out of those stability or

Keywords: 988, house, all

Transcript Highlights:

• Still the premiums are the same or they go up, but then we have to fight to get the medication we need
• from their individual schools when you see that we've got a base rate decrease as well as an overall premium
• They're going to get questions as, okay, well, does that mean that my premium is going down by 11%?
• there is that very transparent, very solid actuarial foundation to what is deriving the rates and premiums

Keywords: 1204, all

Transcript Highlights:

• Premium genetics on both the bull and cow side increase both the volume and value of all the products
• Premium<00:02:40.720> genetics<00:02:41.240> on<00:02:41.400> both<00:02:41.680>
• the<00:02:41.800> bull<00:02:42.040> and Premium genetics on both the bull and
• Premium genetics on both the bull and cow<00:02:42.480> side<00:02:43.280> increase<00:

Keywords: 919, house, all

Summary: Representative Heintzeman presented House File 4508, which would allow the importation of elk from other states into Minnesota to help address challenges facing the state’s elk breeding industry and improve herd genetics. The Minnesota Elk Breeders Association supported the bill, arguing that recent CWD-related import restrictions have effectively cut off access to outside breeding stock, hurt breeder numbers, and limited options for maintaining healthy, profitable herds. The group said elk are relatively resistant to CWD and that importation could be allowed under Board of Animal Health oversight. The Minnesota DNR opposed the bill, saying there is no validated live test for CWD that can ensure incoming animals are disease-free and pointing to recent cases in other states where imported elk later tested positive. The DNR also said federal herd certification programs have not prevented spread of the disease and warned that responding to a new captive cervid detection can cost more than $500,000. Members then discussed broader issues around CWD testing, including frustration that a live test developed at the University of Minnesota has not been federally validated and whether Minnesota should pursue state or third-party validation. Representative Heintzeman said the bill was intended to start a broader conversation and noted that the current proposal does not address the testing issue directly. After testimony and discussion, no vote was taken and House File 4508 was laid over.

Transcript Highlights:

• Then there was a motion for legislation to require a certain percentage of premiums in dental insurance
• , we've taken a step back in a transparency bill where we can look and see what percentage of the premium
• Then there was a motion for legislation to require a certain percentage of premiums in dental insurance
• , we've taken a step back in a transparency bill where we can look and see what percentage of the premium

Keywords: Insurance - Room 210, 26 February, 2026; 9:00 A.M., 925, all

Summary: The committee considered several House bills, most of them already passed by the Senate or previously vetted in other committees. House Bill 1075 would expand access for low-income housing authorities and related entities to participate in insurance pooling arrangements, with the sponsor explaining it would help lower insurance costs as housing funding structures shift toward public-private partnerships. House Bill 565, renamed “Jill’s Law,” would advance biomarker testing and related Medicaid/prior authorization conforming changes; House Bill 856 would remove a repealer from the state’s anti-step-therapy law after hearings found the cost impact negligible; and House Bill 939 would extend the repealer on the volunteer firefighters’ Length of Service Award Program, which was described as needing ongoing funding to retain and recruit volunteers. The committee also heard House Bill 1019, which would expand health coverage options for small businesses, professionals, and self-employed people through access to regulated trade association self-funded group health plans. House Bill 1117 would create a transparency requirement for dental insurance by reporting premium-to-services information to the insurance commissioner and making it available in a portal; the sponsor said the Dental Association supports it. House Bill 1332 would require insurance examinations to meet National Association of Insurance Commissioners standards and best practices, and a member said he would vote present but the bill was said not to affect existing continuing education rules. Finally, House Bill 1713 would codify Mississippi Military Department authority to oversee state-sponsored life insurance for National Guard members, with the Adjutant General designated as state sponsor; it was described as voluntary, already operating since 1962, and without a fiscal note because it is paid for by guardsmen. Each bill received a motion to do pass or title sufficient to pass, was approved without opposition or with only a present vote noted on one bill, and the committee then voted to rise and report.

Transcript Highlights:

• The current health plans, cost sharing, premium rate structure, and impact of any proposed changes.
• And then do we want to keep the premium rate structure for single and family coverage and the impact
• I think, but I think looking at is there a premium rate structure for single and family coverage that
• I think, but I think looking at, is there a premium rate structure for single and family coverage that

Keywords: 908, all

Summary: The State and Local Government Committee met to reconsider and amend House Bill 1165, which dealt with petition circulation requirements and ballot receipt rules. The committee walked through technical changes requested by the Secretary of State’s office, including moving petition-title language, adding a 15-business-day submission deadline for petition packets, and revising language related to mailed absentee ballots and the presidential executive order requiring ballots to be received by election day rather than merely postmarked. The State Election Director explained that the change was intended to provide clarity and consistency for voters and election officials, while Senator Braunberger objected that it was an unnecessary reaction to an executive order that could be challenged. The committee adopted the amendment 5-1 and then passed the bill as amended on a 5-1 vote, with Senator Braunberger voting no. The committee then took up House Bill 1307, which concerned election authority, home rule powers, and related city and county petition/signature provisions. After questions from members and clarification from the Deputy Secretary of State and a League of Cities representative, the committee agreed the amendment was intended to preserve city petition power and align the bill with changes made in another election bill, while also addressing park district language. The amendment was adopted 6-0, and the bill was passed as amended 6-0. Senator Castaneda was designated as the carrier. Finally, the committee discussed House Bill 1580, a study bill on state employee compensation. Members used language from an earlier draft tied to health plan changes and broadened it to study total rewards compensation, including pay grades, classifications, comparisons among state employees across departments and with similar private-sector jobs, equity funding and bonuses, prevailing wages on state projects, and the impact of changes to health plan benefits and premium structures. The committee agreed to make the language more generic and adopted the amendment 6-0, then passed the bill as amended 6-0. House Bill 1601 was not acted on and was held until after floor session so members could continue discussions and await additional input.

Transcript Highlights:

• while we both share a great, deep and abiding love for Civil War history, brevity is always at a premium
• 05.400> always<00:04:05.680> at<00:04:05.799> a is always at a is always at a premium
• 08.680> always<00:04:08.920> does<00:04:09.159> that<00:04:09.280> to premium
• chair Nash always does that to premium chair Nash always does that to me<00:04:10.200> always

Keywords: 1183, house

Transcript Highlights:

• revenue ticket ticket ticket<00:10:19.839> sales<00:10:21.040> uh<00:10:21.279> premium
• <00:10:22.720> uh<00:10:23.279> premium<00:10:24.160> uh ticket sales uh premium
• uh premium uh ticket sales uh premium uh premium uh seating<00:10:25.760> and<00:10:26.000>
• nets out to that number. >> Mhm. >> And there's the revenues that show up in category A, some of the premium
• category A some revenues that show up in category A some of<00:12:39.440> the<00:12:40.480> premium

Keywords: 0:00:02 Call to Order and Roll Call 0:00:30 Approval of Minutes 0:00:49 Information Items 0:01:54 Louisville Arena Authority 0:24:50 Project Rpt from Postsecondary Institutions - MSU 0:26:35 Project Rpt from Finance and Admin. Cabinet 0:37:52 Lease Rpt from Finance and Admin. Cabinet 0:40:13 Rpt from OFM – KIA 0:56:00 Rpt from OFM – EDF Grants 0:58:45 Rpt from OFM – OFM 1:01:46 Adjournment, 958, all

Summary: The committee first handled routine business, including a roll call, approval of the prior meeting minutes, and a set of informational reports. Those reports covered University of Louisville research equipment purchases, a Kent County school district debt issue for elementary school renovations, the University of Kentucky’s planned use of construction management risk for a new engineering building, APA certification reports for underwriter and bond counsel selection committees, and a KCNA status report on infrastructure upgrades and purchases. The main presentation was an informational update from the Louisville Arena Authority. Board representatives said the arena was created to drive economic development and reported about $1.4 billion in economic impact from 2010 to 2013. They explained the authority’s financial structure, including arena operating revenues, TIF revenues, debt service, and a long-term capital plan for major repairs and replacements. Members questioned the low net revenue figures, the long timeline before TIF revenues are projected to exceed debt service, the size of capital expenditure spikes, and the University of Louisville revenue-sharing arrangement. The authority said the $2.42 million annual UL payment is fixed under a 2017 refinancing agreement, while other amounts vary with ticket sales and related revenues. They also said the COVID-era state and Metro funds, combined with authority cash, were used to prepay debt and reduce interest, lowering the debt service schedule. The committee then considered and approved a new capital project for a new HVAC system for the student wellness center pool area. The project, presented by university staff, was approved by the board and required committee action. The committee took a roll call vote, and the project passed unanimously. Finally, Janice Thomas of the state budget office presented two tourism, arts, and heritage cabinet grid resilience projects at Kincaid Lake State Resort Park and Kentucky Down Village State Resort Park. Each project costs $7,834,600 and is funded mostly by a federal grid resilience grant, with the remainder from state utility infrastructure replacement funds and energy policy funds. Staff explained that the projects will move park electrical service ownership and maintenance to regional utilities, allowing the state to exit the infrastructure-management role while continuing to pay utility bills through normal metering. The committee approved the action item by voice vote.

Transcript Highlights:

• as we sit today. ...driving factor in our medical insurance premiums as we sit today.
• and it prohibits PBM fees based on any other metric, including acquisition fees, savings, rebates, premiums
• it prohibits the PBM fees based on any other metric including acquisition fees, savings, rebates, premiums
• In practice, this loss of flexibility can lead to higher premiums, In practice, this loss of flexibility
• can lead to higher premiums, fewer benefit-design options, or reduced access to cost-saving tools that

Summary: The House Insurance Committee met on April 29 with a quorum present and took up several insurance and health care-related bills. SB 192, a dental reimbursement bill, was amended to allow dentists to opt in electronically to credit-card payment methods and to clarify applicability and effective date; it was reported as amended. SB 84 would require prostate cancer screening coverage for men over 40 under current clinical guidelines and prohibit cost-sharing; supporters from the American Cancer Society said Louisiana has a high incidence of prostate cancer and that out-of-pocket costs deter early screening. The committee adopted amendments and reported the bill as amended. SB 275, dealing with reimbursement and network participation for certified registered nurse anesthetists, drew support from nursing and hospital groups and was reported favorably. SB 169, a cleanup bill on biomarker testing, was also amended and reported. The committee spent substantial time on SB 401, which creates a temporary prescription drug affordability board to review pricing data on selected drugs and report findings to the legislature. Supporters said the board would improve transparency and help lawmakers understand drug pricing trends; opponents raised concerns about confidentiality, market effects, and the lack of a defined policy outcome beyond reporting. Amendments narrowed the scope, added confidentiality protections, and removed opposition cards, and the bill was reported as amended. SB 387, a major PBM reform bill tied to SB 401, would change PBM compensation, rebate handling, formulary practices, audits, and appeals, while excluding ERISA plans after discussion and amendment. Supporters argued it would curb spread pricing and other practices that raise costs, while opponents from the Pelican Institute and PCMA warned it would interfere with private contracts, reduce flexibility, and could raise premiums or disrupt city, school board, and small-group plans. After extensive debate and a roll call, SB 387 was reported with amendments by a 10-4 vote. The committee also considered SB 241, which requires certain insurance adjusters and public adjusters to include license numbers in written communications. After amendments limiting the requirement to individual licenses and removing one statutory reference, the bill was reported as amended. Throughout the meeting, members and witnesses repeatedly discussed the need for transparency in drug pricing and PBM practices, the role of ERISA and non-ERISA plans, and potential impacts on public employers and consumers.

Transcript Highlights:

• It provides for the payment of health insurance premiums and out-of-pocket costs for participants and
• casualty insurers, there ought to be a minimum conservative increase to the $5,000 annual doctor's premium
• , nurse midwives' $2,500 premium, and the $50 per child hospital premium.
• unheard-of no-fault coverage for themselves since NICA's inception in the late '80s, with not one single premium
• obtain private insurance, if you don't qualify for Medicaid, and NICA reimbursement for the family premium

Bills: S0598, S0934, S1260, S1300, S1452, S1510, S1566, S1580, S1668, S7034

Keywords: funeral homes, cemetery law, cremation, embalmer, funeral director, preneed contract, preneed funeral, human remains, unclaimed cremated remains, disposition of remains, hospice, palliative care, end-of-life care, direct disposal, mortuary science, funeral service arts, licensure by endorsement, cemetery license, contiguous acres, consumer services

Summary: The committee first took up appointments, recommending confirmation of James Patrick Grambling and Brian J. Aungst on a single favorable vote. It then heard and approved several committee bills, including CS/CS/SB 1260 on building code inspections, which directs the Department of Management Services to contract with private providers for plan review and inspections; CS/SB 1668 on NICA, which updates benefits, oversight, funding, and immunity language; SB 1300 on a workforce/CDL training program for selected nonviolent inmates; CS/CS/SB 598 on funeral and cemetery services; CS/SB 1580 on illegal gaming enforcement; CS/SB 934 on Florida Keys affordable housing tax exemptions; and CS/CS/SB 1452, an agency bill updating DFS programs and licensing rules. Each of those bills was reported favorably after committee debate and, in several cases, amendments were adopted. The committee spent substantial time on CS/CS/SB 1510, the DEP package, which reorganizes environmental rulemaking and land acquisition authority, expands septic-to-sewer and nutrient-reduction requirements in sensitive areas, updates stormwater and resilience provisions, and revises related permitting and grant programs. Two amendments were adopted, including one adding solar-energy and stormwater-related provisions and another removing septic disclosure reporting language. Testimony included support from DEP and concerns from environmental advocates about septic timelines and implementation. The bill was ultimately reported favorably. The committee also considered CS/CS/SB 1566 on local government budget transparency, requiring counties and municipalities to post budgets and related materials online for extended periods in a standardized format. The League of Cities opposed the bill as an unfunded mandate, while the sponsor argued it would improve taxpayer access and accountability; the bill was reported favorably. Finally, the committee heard SB 7034, a rule ratification for minimum flows and levels for the lower Santa Fe and Ichetucknee rivers and priority springs, with testimony focused on the proposed Water First restoration strategy, conservation measures, and concerns about water quality, funding, and local opposition. The transcript ends during closing remarks on that ratification bill, before a final vote is shown.

Transcript Highlights:

• The impact to the consumer is estimated at $400 to $700 in increased premium payments.
• Premium finance, kind of the same scheme and a different variance. Again, the farmer...
• finance company and gets the premium finance company to fund a policy that's already been paid.
• But if you can't, what ends up happening is the premium finance company goes to the farmer and says,
• They don't pay their premium, their policy cancels. They get in an accident.

Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members hearing from bankers, regulators, law enforcement, AARP, and mortgage and insurance industry representatives. Witnesses described a wide range of scams, including spoofed bank calls and texts, fake websites and social media impersonation, romance and investment scams, business email compromise, gift card fraud, check fraud, wire fraud, reverse mortgage scams, and crypto kiosk schemes. Several speakers emphasized that fraud is increasingly organized, technology-driven, and amplified by artificial intelligence, and that seniors are disproportionately targeted and often suffer the largest losses. Testimony highlighted both prevention and recovery efforts. Bankers said institutions spend heavily on training, customer education, and fraud detection, but often cannot stop losses once customers have been convinced to authorize transfers. The Attorney General’s office described its Consumer Protection Division, a new Financial Fraud Task Force, and examples of recovering funds quickly from crypto kiosk and wire fraud cases. The State Bank Department and Securities Department said Arkansas’s 2025 crypto ATM legislation and related education requirements have helped, and they urged continued public education. The Insurance Department reported major insurance-fraud trends, including fake insurance cards, forged policies, premium-finance schemes, and staged auto accidents, and said it prosecutes these cases aggressively. Members asked about reporting scams, the security of tap payments, how fraud losses are tracked, the role of crypto kiosks, and whether Arkansas should pursue model legislation or stronger action against telecom and social media companies. Witnesses said tap payments are generally safer than chip or swipe, that crypto transfers are often unrecoverable, and that spoofed caller ID and impersonation ads remain major problems. Paul Benda of the American Bankers Association urged state and federal action against telecom and social media platforms and supported national scam legislation. No new bills were voted on at the meeting, but members approved the November 3, 2025 minutes and several witnesses offered to share model legislation, consumer education materials, and state-by-state fraud data with the committee.

Transcript Highlights:

• budget cycle alone, ERS and TRS collectively needed an infusion of a billion dollars in order to keep premium
• It would give you a total picture of what you're trying to get at in terms of- of premium cost but also
• And I would imagine, you know, utilization and the cost of those benefits drive. premium cost so.

Bills: HB138, HB335, HB388, HB138

Keywords: health impact analysis, cost analysis, coverage mandates, health insurance, legislative analysis, health care data, education, funding, classroom resources, teacher support, student outcomes, health benefits, provider dentists, payment reimbursement, insurance code, noncontracting, dental care, reimbursement, health benefit plans, noncontracting providers

Transcript Highlights:

• we look at in would request is that we look at in terms<00:04:48.120> of<00:04:48.240> stability
• , um especially with terms of stability, um especially with our<00:04:50.400> fire<00:04:50.640
• <00:04:57.200> when<00:04:57.360> they're financial stability when they're financial
• stability when they're completely<00:04:58.480> and<00:04:58.600> wholly<00:04:58.880>
• <00:20:13.760> of ensuring reliability and stability of ensuring reliability and stability

Keywords: 916, all

Summary: The chairman opened by explaining that the committee would hear proposed interim topics and then rank them by written submissions rather than debating them one by one. The Public Service Commission presented two topics: an educational session on small water utilities, citing maintenance needs, water-quality compliance, and difficulty accessing capital, and a review of civil penalties for pipeline safety violations because Wyoming’s statutory penalties are far below federal levels and could affect compliance and funding. Members and outside presenters then outlined a range of additional topics. Representative Campbell proposed work on fire protection districts and EMS districts, focusing on financial stability, mill levies, and possible county authority to combine districts and levies. He also raised public records at meetings, corporate filing fees, and fraudulent corporate filings. The Community College Commission proposed updating annexation statutes so communities can join community college districts more easily, especially where current mill-levy rules create funding issues. Senator Crago supported the fraudulent corporate filings topic and noted related technology-based solutions and overlap with blockchain issues. Other proposals included CPA “Pathways” licensing changes to address a shortage of accountants, a review of public meetings and public records laws, continuation of the electricity study with emphasis on grid reliability and large-load capacity constraints, and a broader review of the public meetings and records act. Ashley Harpstreith of the Wyoming Association of Municipalities supported extending municipal audit deadlines and described a statewide shortage of auditors and CPAs. Healthy Wyoming proposed studying health coverage options for low-income working adults, including state-sponsored or cooperative models. Representative Chestek proposed making most nonpartisan county offices elected on a nonpartisan basis. No votes or final selections were taken in the portion provided; the committee mainly heard testimony and discussed whether topics should be assigned to this committee or another one.

Transcript Highlights:

• , compensation premiums, compensation premiums, and<00:07:55.800> unemployment<00:07:56.440
• But our employees are paid properly and the state receives the taxes and premiums required by law.
• But our employees are paid properly and the state receives the taxes and premiums required by law.
• premiums required by law. premiums required by law.
• paying unemployment insurance premiums paying unemployment insurance premiums and<00:34:46.280><

Keywords: 1183, house

Summary: The Workforce, Labor, and Economic Development Finance and Policy Committee met to discuss worker misclassification, beginning with approval of the March 4, 2026 minutes and a note that a late-posted bill would not be heard at this time. Chair Pinto opened the hearing by framing misclassification as timely and invited Lea Takapu of the Attorney General’s office to explain the issue. Takapu described misclassification as labeling workers as independent contractors when they are really employees, which can deprive workers of minimum wage, overtime, unemployment insurance, workers’ compensation, and other protections while also reducing tax revenue. She said the Attorney General’s office and the MEAP partnership have been working on the issue and cited estimates that Minnesota workers lose billions annually and the state loses hundreds of millions to over a billion dollars in revenue, while noting that legitimate independent contracting is not the target. Members questioned how the committee could rely on estimates when the exact number of misclassified workers is unknown. Takapu responded that the figures were based on studies and complaint data, and that underground or undocumented work makes exact counts difficult. Chair Pinto noted the numbers were estimates and referenced a 2024 Legislative Auditor finding that Minnesota lacked an adequate, coordinated approach to proper worker classification, while saying progress had been made since then. Several industry witnesses then testified in support of stronger enforcement. Kevin Pranis of LiUNA said misclassification remains rampant in parts of construction, especially drywall, stucco, thin stone, and broadband installation, and argued it is tax, unemployment insurance, and workers’ compensation fraud that harms law-abiding contractors and taxpayers. Matt Wollers of Braxton and Sons said his company loses bids to competitors that misclassify workers, creating a labor-cost advantage of 30% or more, and asked for meaningful enforcement rather than new legislation, including regular unannounced jobsite visits. Jesse Madison of Purple Tally Productions said misclassification is anti-competition and described examples from live events and entertainment, urging front-end checks on workers’ compensation, unemployment coverage, and W-2 versus 1099 status before work begins. The next testifier, Ben Ballou of the Minnesota Nurses Association, began his remarks as the transcript ended.

Transcript Highlights:

• When we get higher premium, we can sell fewer bonds, but when interest rates go up, we get less premium
• When we get higher premium, we can sell fewer bonds, but when interest rates go up, we get less premium
• When we get higher premium, we can sell fewer bonds, but when interest rates go up, we get less premium
• Lower premium from our bond holders so Lower premium from our bond holders so it's<01:18:28.080> additional
• <01:18:36.239> we projects when we get higher premium we projects when we get higher premium

Keywords: 1187, senate, all

Summary: The Committee on Capital Investment held its first meeting of the 2025 session with members and staff introducing themselves and describing their priorities. Senators from both parties repeatedly emphasized the goal of passing a strong bipartisan bonding bill this year, with several members noting that local projects were delayed after no bonding bill passed the previous year. Chair Housley also said the committee would not meet later that week and previewed an upcoming presentation from MMB on federal funds. The committee then heard a presentation from MMB’s Leah Corey and Anna Ming on Minnesota’s federal funding efforts. Corey explained that MMB’s federal funds team coordinates state efforts to maximize funding from IIJA, IRA, CHIPS, and related federal programs. She said Minnesota has secured about $12.3 billion in federal funding so far, including roughly $3 billion more since the last presentation, supporting about 1,800 projects statewide. Most of the funding is going to transportation, roads, and bridges, with other major areas including clean energy and weatherization. She also highlighted an interactive public dashboard showing projects by region and noted that much of the data reflects funds flowing through the state enterprise. Corey also discussed state match programs that helped unlock federal dollars, including the IIJA discretionary match fund, the State Competitiveness Fund, and the Forward Fund. She said $180 million in state match has unlocked about $1 billion in federal investment through the IIJA discretionary match fund, nearly $17 million in state investment has unlocked nearly $90 million in federal funding through the State Competitiveness Fund, and $124 million for the Forward Fund has unlocked nearly $1 billion in federal and private investment. Members asked whether more state dollars could have brought in more federal funds; Corey said she was not sure, but noted the IIJA match fund is expected to run out in the coming months. The presentation also focused on direct pay tax credits under the Inflation Reduction Act, which allow tax-exempt entities such as governments, nonprofits, school districts, and tribal nations to receive payments for eligible clean energy projects after they are completed. Corey said the state is building awareness and technical assistance around direct pay, including educational sessions and a tax expert resource. She also described Minnesota’s Green Bank, the Minnesota Climate Innovation Finance Authority, which is beginning to issue loans for projects such as community energy, nonprofit geothermal systems, and solar-plus-battery installations.

Transcript Highlights:

• company will have, they've got a lot of liability on their own books that they handle based on the premiums
• And then there's a layer... ...based on the premiums they collect and they have their own surplus.
• That's a combination of cash that we have from collecting premiums from every property insurer in the
• So we have cash payments that we get from premiums that the insurers pay us.
• We invest that cash balance and get investment income off of both the investment returns from the premium

Summary: The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians. The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline. Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• really what's important to note here is that the increase is largely in part to GSD due to health care premium
• what's important to note here is that the increase is largely in part to GSD do it in health care premium
• think that I missed that we included this: $5 million for medical professional liability insurance premium
• fund recover from some rather large claim years, and the intent of that would help them manage the premiums
• for. claim years and and the intent of that would help them manage the premiums for their subscribers

Summary: The Department of Public Safety presented its FY27 budget request, emphasizing three priorities: improving community engagement through a redesigned website and outreach, expanding statewide data and intelligence integration through intelligence-led policing, and improving emergency response and officer safety through fleet replacement, a driving track, and a requested helicopter. DPS said much of its increase is driven by rising health care premiums, and it is also seeking special appropriations for fleet replacement, the website rebuild, and an Honor Guard program created after the 2022 helicopter crash that killed four public servants. Members asked about vacancies, fleet costs, cybersecurity compliance, the real-time crime center, EV fleet participation, and the Metro DPS facility. DPS said its vacancy rate is about 9%, its fleet replacement needs are driven by mileage and condition, it is compliant with federal CJIS standards even though DoIT has raised concerns, the real-time crime center would be built as a regional model to complement Albuquerque’s center, and the Metro facility is moving toward a January groundbreaking. Committee members also discussed several DPS-related capital and IT requests, including the intelligence-led policing data lake, recurring maintenance for critical systems, and a $5.6 million reauthorization for state crime lab DNA backlog work and a $900,000 reauthorization for fingerprinting equipment. DPS explained that the website request is high because the current site must be rebuilt from scratch to support missing-person alerts, memorial updates, ADA compliance, and better communication with law enforcement and the public. Members also raised concerns about speed enforcement, construction-zone cameras, and whether EVs are practical for patrol use; DPS said it is not pursuing speed cameras and is only partially participating in the state EV initiative because patrol needs make full electrification difficult. The committee then received an LFC quarterly update on non-recurring appropriations from the 2025 General Appropriation Act. LFC reported that of the $1.4 billion appropriated in Section 5, $164 million had been expended and $333 million encumbered, leaving $897.4 million unspent, which is a slower pace than the prior year. Staff highlighted a number of reauthorization requests and slow-moving projects across agencies, including AOC cybersecurity funding, DFA housing and public safety grants, DoIT cybersecurity and higher education funds, EDD economic development and energy programs, OSI mitigation and malpractice funds, EMNRD energy and geothermal grants, Health Care Authority behavioral health-related appropriations, DPS crime lab and fingerprinting funds, PED career technical education and special education initiatives, and higher education loan repayment and technology funds. Members questioned why some large appropriations had little or no spending, discussed the need to monitor reauthorizations more closely, and asked for follow-up on several specific line items and project balances.

Transcript Highlights:

• AARP is deeply invested in long-term services and support programs and understands how housing stability
• and understands how housing stability and understands how housing stability intersects<00:27:54.960
• Creating an ADU can also provide stability for individuals and families who currently own a home but
• The need for affordable housing may be present, but land is at a premium, and in order for a developer
• The arrangement supports stronger family bonds and enhances emotional and financial stability.

Keywords: 1189, house, all

Transcript Highlights:

• This is far more cost-effective than contracting with third-party vendors who charge premium rates for
• 00:03:44.799> vendors<00:03:45.200> who<00:03:45.440> charge<00:03:45.760> premium
• thirdparty vendors who charge premium thirdparty vendors who charge premium rates<00:03:46.560><

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:14 Approval of Minutes 00:00:40 State Board of Elections 00:00:56, 958, all

Summary: The House Budget Review Subcommittee on General Government met to hear an update from the State Board of Elections on its Bluegrass Books electronic poll book system. Rachel Pointer and Richard House described the project as an in-house modernization effort intended to improve security, customization, integration with the voter registration system, reduce voter wait times, streamline supplemental and provisional ballot processing, and provide year-round local support to county clerks and poll workers. They emphasized that the system is already a working product, not just a concept, and showed a workflow demonstration of voter lookup, signature capture, ballot issuance, manual lookup, and handling voters who have already voted. The agency also outlined the financial rationale for the project, saying the state currently lacks dedicated funding for replacing the iPads used for election-day poll books and that counties now bear vendor maintenance and support costs. Under Bluegrass Books, the state would seek to cover hardware replacement, maintenance, and on-site support through future appropriations, potentially using bulk purchasing to lower costs. When asked about the size of the appropriation request, the presenters said it was not yet finalized but noted roughly 7,000 devices are deployed statewide and replacement would likely be phased rather than done all at once. Members asked about security and whether the e-poll book could affect vote totals. The Board explained that the e-poll book is separate from ballot casting, that voting machines themselves are not connected to the internet, and that the poll book is networked only to update check-ins and prevent double voting. They said the device is locked down to the poll book application and can operate offline until connectivity returns. A member also asked how to recruit more poll workers; the response suggested higher pay is the main incentive, along with outreach to schools, community colleges, and possible pilot programs involving professionals. The meeting concluded without any votes or formal action beyond approval of minutes, and the next meeting was announced for January 29, weather permitting.

Transcript Highlights:

• protects genetic test results on their own from being used to deny coverage or dramatically inflate premiums
• prevents genetic test results on their own for being used to deny coverage or dramatically inflate premiums
• similar protections in 2020, and years later there has been no evidence of harm to insurance markets or premium

Keywords: 995, all

Summary: The Joint Committee on Financial Services held a fully virtual public hearing after a blizzard and state emergency closed the State House and created travel and cleanup concerns. Chairs Senator Paul Feeney and Representative James Murphy opened by thanking first responders and committee staff for making the hearing possible and noted that several members attended remotely. The committee heard testimony on three bills: H.5112, An Act Prohibiting Genetic Discrimination; H.4914, An Act Relative to the Massachusetts Uniform Commercial Code; and S.2921, An Act Relative to Travel Insurance. Most of the testimony focused on H.5112. Representative Dave Rogers and his constituent Robin Biggs testified in support of H.5112, describing gaps in federal genetic nondiscrimination law that do not cover life, long-term care, or disability insurance. Biggs shared her experience as a BRCA2 mutation carrier and said genetic knowledge helped her take preventive steps, but that people fear testing because insurers may use results against them. Lindsay Jack of the ALS Association and Lisa Schlager of FORCE also supported the bill, arguing that it would encourage preventive care, research participation, and fairer underwriting without harming insurance markets. They said insurers could still use medical history and diagnoses, but not genetic test results alone. Committee members asked questions about whether insurers currently request genetic testing and how such information is used in underwriting. Testifiers said the information is routinely asked for or found in medical records, but the bill would prohibit its use in coverage decisions and would prevent insurers from requiring testing. No votes were taken. After testimony concluded and no additional witnesses came forward, the chairs closed the hearing and adjourned the meeting by unanimous voice vote.