Video & Transcript Research : 'irrevocable trust'

Page 91 of 450
AL
Transcript Highlights:
  • This is our education trust fund situation. These represent our revenues.
  • With that, I'll move to the Education Trust Fund and again, I'll begin with the FY25 before we talk..
  • Currently, the Education Trust Fund (ETF) supplemental, as Kirk has alluded to, shows that we do have
  • That has been the objective as it relates to the allocations for K-12 in the Education Trust Fund (ETF
  • Just a reminder for the Education Trust Fund members, we'll have Chancellor Jimmy Baker at 1:30, followed
Keywords: 924, joint, all
HI

Hawaii 2026 Regular Session

House Chamber - Tue Mar 24, 2026, 12:00PM HST - Day 33

Hawaii House Floor Meeting

Transcript Highlights:
  • smoke-free air laws passed, protecting our keiki from the harms of tobacco, and protecting our tobacco trust
  • of tobacco, and protecting our um harms of tobacco, and protecting our um tobacco<00:23:35.320> trust
  • 35.800> Thank<00:23:36.000> you<00:23:36.080> guys<00:23:36.280> so tobacco trust
  • Thank you guys so tobacco trust fund.
  • evident in his leadership on important public health issues where thoughtful and informed discussion and trust
AZ

Arizona 2026 Regular Session

02/04/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • I think late Justice Scalia was very clear that he didn't trust Article 5, and there's good reason for
  • I just do not trust it.
  • While language in this bill mentions limiting the convention to term limits, I do not trust this would
  • Place; Transportation and Infrastructure; HCM 2011, Mexing Woolen Rule Affairs; HCR 2046, State Land Trust
  • special place transportation and infrastructure HCM 2011 mexing woolen rule affairs HCR 2046 state land trust
Keywords: 1182, all
Summary: The House opened with prayer, the Pledge of Allegiance, approval of the journal, and recognition of the Doctor of the Day, Dr. Kelly Arwari. Members then used points of personal privilege to introduce a range of guests and groups, including clergy, healthcare advocates, short-term rental representatives, firefighters, and a Guatemalan ambassador, and the chamber also heard a proclamation recognizing the bilateral relationship between Arizona and Guatemala. Additional announcements highlighted School Counselors Week and Black History Month, along with committee meeting notices and other procedural items. The House then moved into Committee of the Whole and considered several bills. HB 2029, relating to groundwater grant funds and water-use identification, was recommended do pass; HB 2045, addressing drive-by shootings, was recommended do pass; HB 2062, creating a Buffalo Soldiers territorial monument, was recommended do pass; HB 2126 was amended on the floor and then recommended do pass as amended after friendly amendments were described as tightening the language; and HB 2131 was recommended do pass. The Committee of the Whole report was adopted, and those measures were referred to engrossing. The chamber next took up HB 2792, an emergency measure concerning property tax exemptions for veterans, and passed it 57-0, with several members speaking in support and describing it as a cleanup measure tied to prior budget action and veteran tax relief. Members then debated HCR 2043, which calls on Congress to convene an Article V convention to propose a federal term-limits amendment; supporters argued term limits are needed and that the resolution is a way to pressure Congress, while opponents warned about the risks of a constitutional convention and questioned the process. The resolution passed 33-24 and was conveyed to the Senate. The House then recessed, returned briefly for additional committee and bill-routing announcements, and adjourned until 10 a.m. Thursday, February 5, 2026.
MN
Transcript Highlights:
  • To my supporters, those here today and those back home, thank you for your trust and engagement.
  • I trust that we will work together in our disagreements and carve the future for the people of Minnesota
  • <00:09:37.040> I<00:09:37.279> trust<00:09:37.519> that<00:09:37.839> we<
  • I trust that we you all um to the work.
  • I trust that we will<00:09:38.800> work<00:09:39.040> together<00:09:39.360> in<
Keywords: 1187, senate, all
AL

Alabama 2025 Regular Session

Alabama House Agriculture and Forestry Committee Apr 9th, 2025

Agriculture and Forestry

Transcript Highlights:
  • The second thing that's important to us is that the deer resource is a public trust resource that belongs
  • we can keep it contained and not get further into our state, the better off we are from that public trust
  • They are not the property of the breeder or livestock; they are a public trust.
  • Livestock is a public trust resource, and it's been that way since 1842 when the Supreme Court ruled
  • conflict with more than 180 years of legal precedent regarding all citizens' ownership of a public trust
Bills: HB509
TX

Texas 89th Regular

Business and Commerce (Part I) Feb 18th, 2025

Business & Commerce

Transcript Highlights:
  • Senate Bill 21, which creates the Texas Strategic Bitcoin Reserve at the Texas Treasury and Safekeeping Trust
  • The trust company currently invests and manages more than $105 billion in state assets across multiple
  • The trust company also manages the Texas Treasury pool account, which averages $79 billion generated
  • accordance with the Prudent Investment Standard, which is a legal standard that requires trustees, the trust
  • Yes, yes, trust me. Hey, thank you.
NH

New Hampshire 2025 Regular Session

House Labor, Industrial and Rehabilitative Services (02/04/2025)

Labor, Industrial and Rehabilitative Services

Transcript Highlights:
  • <02:03:31.239> fund current condition of the trust fund current condition of the trust fund
  • <02:04:13.840> fund 2027 it would reduce the trust fund 2027 it would reduce the trust fund
  • Chairman, just to come back to the trust fund, typically the trust fund is filled at what time of year
  • Just to come back to the trust fund, typically the trust fund is filled at what time of year?
  • negative rating employers if the trust negative rating employers if the trust fund<02:28:45.560>
Keywords: 1189, house, all
LA

Louisiana 2026 Regular Session

Ways and Means May 5th, 2026

Ways & Means

Transcript Highlights:
  • this issue is not going away, and we have some new members that may not know much about the Aviation Trust
  • So for years now, we've been working through issues with the Aviation Trust Fund.
  • For example, at a 90 to 10 match, Louisiana's Aviation Trust Fund has been historically set at $29.8
  • conjunction with the Revenue Estimating Conference, which currently has its role in projecting the trust
Bills: HB1039, SB423, SB436
Summary: The Ways and Means Committee met on May 5, 2026, and first considered Senate Bill 436 by Senator Cloud, which revises how annual aviation fuel estimates are calculated for the Aviation Trust Fund. Senator Cloud explained that the fund supports airport and aviation projects and has been supplemented in recent years with general fund dollars because the estimated balance has remained stagnant. The committee adopted amendments allowing DOTD’s Office of Multimodal Commerce to use federal and other public data sources, requiring Revenue to provide annual aviation fuel sales tax collections data, and making a technical change. After a brief question about existing airport disclosure requirements, the bill was reported as amended with support cards entered into the record. The committee then took up House Bill 1039 by Representative Desotel, dealing with local sales and use tax audit procedures. The bill was presented as a fairness and transparency measure for audits, but members and the author discussed substantial amendments that would remove or modify several provisions. The committee adopted the amendments except for Amendment 4, which would have required private auditing firms contracting with taxing authorities to be domiciled in Louisiana; that language was set aside for further work after concerns it could affect audits conducted outside Louisiana. Members also discussed provisions on waiving prescription periods, suspending interest and penalties by agreement, and concerns about multiple parishes auditing the same business at once. The bill was reported as amended, with several support cards and informational cards entered. Senate Bill 423 was voluntarily deferred, and there was no other business before the committee. The meeting adjourned after a motion to adjourn was adopted.
MN

Minnesota 2025 1st Special Session

House Floor Session 5/19/25 - Part 1

Minnesota House Floor Meeting

Transcript Highlights:
  • We are mindful of the trust placed in us to build a better Minnesota, one where all can thrive and fully
  • /c><00:01:06.320> mindful<00:01:06.799> of<00:01:07.040> the<00:01:07.280> trust
  • We are mindful of the trust placed be.
  • We are mindful of the trust placed in<00:01:08.479> us<00:01:09.040> to<00:01:09.280>
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

Opening of the 2025 legislative session in Minnesota House 1/14/25

Minnesota House Floor Meeting

Transcript Highlights:
  • They've put their trust in you. In turn, they expect a lot from you.
  • 07.600> their they have faith in you they've put their they have faith in you they've put their trust
  • 01:10.920> they<00:01:11.200> expect<00:01:12.159> a<00:01:12.280> lot trust
  • in you in turn they expect a lot trust in you in turn they expect a lot from<00:01:13.119> you
Keywords: 1183, house
Summary: The Minnesota House was called to order by the Secretary of State at noon for the opening of the session, with remarks welcoming both returning and newly elected members and emphasizing the significance of their service to Minnesota. Representative-elect Peggy Scott was appointed Clerk Pro Tem. Pastor Ben Mayatt of Watermark Church in Stillwater, identified as the son-in-law of Speaker-designate Lisa Demuth, delivered the opening prayer. His prayer asked for blessings on members, their families, and staff, and stressed unity, wisdom, discernment, mercy, and truth as the House begins its work. After the prayer, members and guests stood for the Pledge of Allegiance, and then were seated. No bills were debated and no votes were taken in this portion of the proceedings.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, January 21, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • And when you earn her trust, Marie will even tell you about her date with the bachelor John F.
  • Speaker, I yield back. you earn her trust Marie will even tell you earn her trust Marie will even tell
  • <03:10:02.640> but and Taxation as land held in trust but and Taxation as land held in trust
  • But you will always remain in the center as a trusted adviser, dearest friend, and sister.
  • But you will always remain in the center as a trusted adviser, dearest friend, and sister.
NH

New Hampshire 2025 Regular Session

House Finance Division II (03/21/2025)

Transcript Highlights:
  • Which which trust fund appropriation.
  • <00:53:10.240> We've part of the education trust fund.
  • We've part of the education trust fund.
  • So it's just a trust-related thing. So it's just a trust fund with—it's not a fund.
  • So is this all just a trust and verify?
Keywords: 928, house, all
Summary: The committee first revisited HB 781, the cell phone bill, after previously retaining it. On reconsideration, members moved to OTP the bill, and it passed unanimously. The committee then moved into the budget tracking packet and adopted an amendment to HB 2 to add the same cell phone policy language, also unanimously, and separately reduced HB 1 by $1 million to match the policy change. Members noted the cell phone language had already been stripped of grant funding language in the House version and that the policy and funding pieces were being aligned across the budget bills. The committee then took up a Department of Education technical amendment to HB 2 on charter school grants, which made timing and administrative changes without altering grant amounts, and adopted it unanimously. Members also discussed but held other education-related items, including adequacy grants, pending broader decisions on overall education funding. Another HB 2 item concerning E-911/state police radio communications prompted a longer discussion about whether E-911 surcharge funds were being used for purposes that should instead be general-funded. After debate over whether to leave the current practice in place or split the funding 50/50 between E-911 and general funds, the committee adopted a joint HB 1/HB 2 change to shift the funding source to a 50/50 split and delete the HB 2 language authorizing the prior use; the motion passed 7-0. The committee also discussed but did not act on several lottery-related provisions, including the video lottery terminal amendment, the increase in maximum ticket price from $30 to $50, and related tax split changes, with members planning to hear from the Lottery Commission on Monday. The meeting ended with the committee beginning review of new amendments in the tracking packet, including a Department of Education request related to Public School Infrastructure Commission grant administration, but no action was taken on that item in the portion provided.
HI

Hawaii 2025 Regular Session

WAL Public Hearing - Tue Feb 4, 2025 @ 9:00 AM HST

Water & Land

Transcript Highlights:
  • HB 1358, relating to public land trust working group.
  • million Acres of the public land trust million Acres of the public land trust initially<00:31:39.960
  • so that the state can fulfill its trust obligations to our people.
  • so that the state can fulfill its trust obligations to our people.
  • HB 15 1358 relating to public land trust HB 15 1358 relating to public land trust working<02:36:
Keywords: 910, house, all
Summary: The committee heard testimony on HB 1233, relating to storm management systems, which would add safety and maintenance requirements for detention and retention ponds. Supporters, including Alison Schafers of the Ki Injury Prevention Coalition and Kristen Herstead of the Hawaii Lifeguard Association, said the measure is needed because poorly maintained ponds can become hidden drowning hazards, especially for children, and argued that fencing, signage, and life-saving equipment would have minimal cost. Schafers described the death of her daughter in a detention pond and said the bill reflects recommendations in the Hawaii Water Safety Plan. Members asked about whether the issue should be handled at the county level; testifiers responded that a statewide standard is needed, though counties would likely handle permitting. No vote was taken on the bill during the excerpted discussion. The committee then heard HB 867, relating to recreational facilities, which would require accessible playgrounds. The Department of Land and Natural Resources said it submitted comments and that state parks do not generally have recreational facilities affected by the bill, while most such facilities are under county jurisdiction. The Hawaii State Council on Developmental Disabilities, the Disability Communication Access Board, and the Disability Rights Center all supported the bill’s intent but recommended changes, including replacing the term “special needs” with “accessible,” focusing the requirement on new and renovated playgrounds, and specifying wheelchair-accessible swings. Testifiers emphasized that accessible play spaces promote inclusion for children with disabilities and benefit all children. No final action or vote was reported. The committee also took up HB 1358, relating to a public land trust working group. DLNR supported the measure and said it had provided written comments, while the Office of Hawaiian Affairs strongly supported the bill and described longstanding problems with incomplete land inventories, self-reported revenue data, and disputed public land trust payments. OHA said an audit it funded suggests the state owes more than current payments reflect, and other supporters said the bill is needed for transparency, accountability, and a complete inventory of public trust lands, including submerged lands. Committee questions focused on how the public land trust information system is maintained, who updates it, and how revenue reporting works; DLNR said the system is older, has limited dedicated IT staffing, and relies on agency self-reporting rather than independent verification. No vote or final committee action was announced in the excerpt.
MN

Minnesota 2025 1st Special Session

House Commerce Finance and Policy Committee 2/12/25

Commerce Finance and Policy

Transcript Highlights:
  • five strategic priorities, which you can see here: we protect the public interest, we serve as a trusted
  • resource we work to reduce a trusted resource we work to reduce economic<00:04:20.880> barriers
  • Trusted-funds cases can be really complicated to investigate because often they involve trusted family
  • or friends, and so the way to go through that investigation and gain trust is really difficult.
  • because often they involve trusted because often they involve trusted family<00:17:35.640> or
Keywords: 1183, house
AL

Alabama 2025 Regular Session

Alabama House Apr 24th, 2025

Alabama House Floor Meeting

Transcript Highlights:
  • fund right right the education trust fund right right the education trust fund right right with the
  • fund budget. the education trust fund budget. the education trust fund budget.
  • But as more people trust fund budget. But as more people trust fund budget.
  • But on the to the education trust fund. But on the to the education trust fund.
  • fund because this is the education trust fund because this is the education trust fund because this
MN

Minnesota 2025 1st Special Session

House Education Policy Committee 3/25/25

Education Policy

Transcript Highlights:
  • But that same trust isn't are best.
  • The legislature has trusted school districts for 30 years to make this decision.
  • MSBA believes the legislature should keep that trust with our locally elected school board members.
  • The legislature has trusted school districts for 30 years to make this decision.
  • <01:07:19.920> know<01:07:20.079> their trusting that our principles know their trusting
Keywords: 1183, house
NH
Transcript Highlights:
  • <00:10:29.320> trial increase the likelihood of a trust trial increase the likelihood of a
  • trust trial thus<00:10:30.360> enhancing<00:10:30.839> the<00:10:31.000> possibility
  • the consumer protection and anti trust the consumer protection and anti trust Bureau<00:19:12.640
  • Trust me, if we're a $400 billion a year industry, I'd be asking for one heck of a raise.
  • the company out of the consumer's trust the company out of the consumer's trust account<00:54:04.000
Keywords: 928, house, all
Summary: The committee heard testimony on HB 733-FN, a bill concerning third-party litigation financing (TPLF). Representative Cole, the prime sponsor, described TPLF as outside investors funding lawsuits in which they have no personal stake, arguing that the practice is largely unregulated, can involve foreign entities, increases litigation abuse, and contributes to higher insurance and consumer costs. He said the bill is modeled on an NCOIL proposal and would require disclosure of TPLF agreements, with guardrails and reporting requirements on specified pages of the bill. He also noted a couple of drafting fixes, including adding the word “knowingly” and incorporating a missing section later. Members raised questions about the bill’s foreign-entity language, especially the provision allowing a governor or the Department of Safety to designate a country as a threat to critical infrastructure. Representative Cole said he would have lawyers review that issue. Another member asked whether the bill would prohibit a party from obtaining outside funding for a lawsuit; Cole clarified that the bill is intended as a reporting measure, not a ban, and that disclosure would be required. He also said the bill is aimed at American citizens rather than foreign-backed financing, and that some states had considered caps on such arrangements, though this bill does not. Brandon Gratz of the Attorney General’s office testified that the enforcement language appears too limited, because it would allow only civil penalties and not broader Consumer Protection Act remedies such as injunctions or restitution. He suggested the Attorney General may not have meaningful authority under the bill as written and raised possible insurance-law issues. Commissioner D.J. Benton-Court of the Insurance Department said the disclosure could help insurers better assess risk and potentially soften the hard insurance market by improving transparency, competition, underwriting, innovation, and claims management. He also said the bill likely needs further work on jurisdiction and enforcement, and that the committee may need to coordinate with the Attorney General, Insurance Department, and possibly banking regulators. No vote was taken in the portion provided.
NH

New Hampshire 2025 Regular Session

House Municipal and County Government (09/24/2025)

Municipal and County Government

Transcript Highlights:
  • treasurer moderator trustee or of trust treasurer moderator trustee or of trust fund<01:37:00.400
  • Trustee of trust funds.
  • Trustee of trust funds.
  • process was that uh trustees of trust process was that uh trustees of trust funds<01:44:29.119><
  • I I trust whatever everybody wants. I I trust Representative<04:21:50.640> Majori.
Keywords: 1189, house, all
NH

New Hampshire 2025 Regular Session

House Finance Division I (01/29/2025)

Transcript Highlights:
  • The drinking water groundwater trust fund also operates loans.
  • We talked about the trust fund. My last slide is about the trust fund, regarding past response.
  • Where's the line between that trust fund and the loan and grant program? Sure.
  • Where's the line between that trust fund and the loan and grant program? Sure.
  • Where's the line between that trust fund and the loan and grant program? Sure.
Keywords: 928, house, all
Summary: The Department of Administrative Services presented an overview of its budget and operations, emphasizing that it is the lowest-spending agency in state government and that its general fund allocation has declined since 2019. Commissioner Arling House explained that DAS also handles back-office functions for several administratively attached boards, which has affected staffing and spending comparisons. He said the department’s current general fund spending is roughly split between retiree health and other operations, and that the presentation was based on adjusted authorized spending rather than the original budget figures. A major portion of the meeting focused on retiree health benefits and the long-term effort to control costs. Deputy Commissioner Cassie Keane described how the state moved from a projected deficit in retiree health to savings through a series of changes, including higher premium contributions, co-pay adjustments, and shifting Medicare retirees into Medicare Advantage arrangements to capture federal reimbursement. She said the state has about 12,500 retirees and spouses on the plan, with roughly 10,906 Medicare retirees and 1,580 non-Medicare retirees, and that the savings have depended heavily on federal funding and procurement decisions. She also noted that Medicare retirees pay Part B premiums and that the state has grandfathered older retirees from some premium contributions. Members asked about what the expenditures cover, why the state offers retiree health instead of simply giving retirees a payment to buy coverage themselves, and whether out-of-pocket costs changed under Medicare Advantage. Keane said the plan covers actual health claims or insurance premiums, that co-pays and maximum out-of-pocket limits remain in place, and that the state has no authority to change benefit details without legislative action. She explained that retiree health is a long-standing employee benefit that wraps around Medicare and is not collectively bargained in the usual sense, though its eligibility rules and cost-sharing have been tightened over time to better target the benefit to long-term state service. The discussion also covered vendor performance problems. Keane said Anthem recently won the contract back from Aetna, but its pharmacy subsidiary, Caroline, caused serious service disruptions. DAS responded by withholding payments, assessing more than $2 million in performance guarantees, and hiring a third-party auditor to review the pharmacy processes. The current contract runs through the end of calendar year 2026, and officials said they are watching federal Medicare Advantage reimbursement changes closely because future savings are uncertain.
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 03/24/26

State and Local Government

Transcript Highlights:
  • We trade the right of private deals for the privilege of public trust.
  • Thank you. ...where our government is in people feeling like they trust us or not.
  • We trade the right of private deals for the privilege of public trust.
  • After all, any trust in government.
  • trust in law enforcement<01:13:53.960> agencies.
Keywords: 1187, senate, all