Transcript Highlights:

• It's been distributed. I move for its adoption. I have a substitute ending in 0.03C.
• It's been distributed. I move for its adoption. Any discussion?
• The substitute was distributed. Any discussion? Okay. I do have an amendment ending in 0.02H.
• It's been distributed. I move for its adoption. Any discussion on the amendment?
• It's been distributed. I move for its adoption. Any discussion on the amendment?

Summary: The Committee on Health and Mental Health met in executive session with a quorum present and considered Senate Bill 1019, sponsored by Senator Crawford. Members first adopted a House amendment ending in .02H, then incorporated that amendment into a new House committee substitute ending in .03C. After adopting the substitute, the committee moved Senate Bill 1019 as amended to a do pass recommendation. The roll call vote was 12 ayes and 1 no, and the bill was reported do pass. No other business was taken up before the committee adjourned.

Transcript Highlights:

• . distributions. distributions.
• the top end of the income distribution the top end of the income distribution are<00:39:15.359><
• <00:39:21.680> Uh distribution are not doing so well.
• Uh distribution are not doing so well.
• people are not the income distribution people are not you<00:39:41.200> know<00:39:41.280>

Keywords: 1183, house

Summary: Minnesota Management and Budget officials presented the February 2026 budget and economic forecast, saying the state remains in a strong financial position but faces continued structural imbalance and significant uncertainty. Commissioner Aaron Campbell said the FY 2026-27 balance is now projected at more than $3.7 billion, up about $1.3 billion from November, and the FY 2028-29 planning period is projected to end with a $377 million positive balance. He emphasized that the improvement comes largely from higher projected revenues, especially individual income and corporate franchise taxes, but warned that the state is increasingly reliant on more volatile sources such as capital gains, interest income, and corporate profits. State Economist Dr. Anthony Becker said the national outlook improved slightly, with stronger projected GDP, consumer spending, and investment, but weaker payroll growth and ongoing trade-policy uncertainty. He noted that the forecast was complicated by missing federal data because of the federal shutdown, and that tariffs, immigration policy, equity markets, and possible AI-related shifts all present risks. Revenue projections were raised for the current biennium, including individual income tax receipts, sales tax revenue, corporate franchise tax revenue, and other revenues, while Becker stressed that federal funding threats, especially involving Medicaid and other entitlement programs, could materially alter the outlook. State Budget Director Anna Mingi said general fund spending in the current biennium is projected to be $68 million lower than previously estimated, but planning-year spending is up $152 million. The biggest spending changes came from education, where special education costs rose sharply after updated local spending data, and from human services, where a new prepayment review process for certain Medicaid benefits reduced projected spending by $133 million this biennium and $105 million in the next. She also said discretionary inflation is now estimated at $1.04 billion, up $104 million from November. Campbell closed by saying the state’s reserve remains at a record $3.8 billion and that Minnesota’s AAA bond rating and reserve policy help protect against downturns. He cautioned, however, that the long-term structural imbalance remains about $3.4 billion in the planning years, or $2.3 billion excluding discretionary inflation, and urged policymakers to offset any new spending with reductions. No votes or formal actions were taken; the meeting was a presentation and question-and-answer session on the forecast.

Transcript Highlights:

• natural resource relief and readiness, the bill appropriates $10 million from the General Fund for distribution
• The bill makes various changes to certain funds relating to distributions, fund administration, and use
• And a lot of that is not just how monies are distributed through the cities and counties and reporting
• And a lot of that is not, is how monies are distributed through the cities and counties and reporting
• It makes changes regarding the distribution of revenues for infrastructure improvements for manufacturing

Summary: The meeting covered a series of fiscal year 2027 budget and budget-related bills, beginning with the general appropriations and tax package. Staff and the chair highlighted a budget built around about $1.4 billion in tax cuts, a one-time 2.5% agency reduction, major funding for state employee health insurance, corrections, flood and wildfire relief, and other supplemental appropriations. The chair repeatedly urged support for the package, emphasizing the size of the tax cut and noting that the committee’s joint vote had only three no votes out of 28 members. Members then reviewed several smaller budget implementation bills affecting racing and gambling, capital outlay, commerce and defense innovation, corrections, environment and water policy, higher education, human services, K-12 education, county finance, tax administration, state data governance, and state office rent rates. Key provisions included extending or modifying funds and fee structures, transferring surplus or unneeded monies, creating or revising oversight boards and pilot programs, increasing K-12 funding by 2% for inflation, adjusting university retention limits, expanding SNAP and housing-related requirements, and changing tax conformity and credits. Several members asked clarifying questions about specific items such as electric vehicle charging funds, mobile home relocation payments, university funding, and the new health insurance oversight board. The chair also explained the tax bill’s major changes, including conformity to federal tax law, a larger dependent tax credit, changes to deductions, repeal of certain tax credits, veteran property tax relief, limits on data center tax incentives, and provisions affecting manufacturing infrastructure and unemployment insurance administration. The committee discussed the Budget Stabilization Fund, debt repayment, and education rollover balances, with the chair arguing for using surpluses to pay down debt. The final item discussed was a behavioral health bill creating a home and community-based services program for adults determined to be seriously mentally ill, with a stated FY 2027 total fund appropriation of $7.8 million contingent on federal approval and matching funds. The meeting ended with a reminder that floor action would begin the next day at 10 a.m.

Transcript Highlights:

• We have to collect products to distribute within the United States to people who have no access to period
• Do so, we stand in front of schools and distribute it to students as they are coming out.
• A few years ago, as we were distributing these products, a young man came up and said he wanted to take
• DO SO, WE STAND IN FRONT OF SCHOOLS AND DISTRIBUTE IT TO STUDENTS AS THEY ARE COMING OUT.
• A FEW YEARS AGO, AS WE WERE DISTRIBUTING THESE PRODUCTS, A YOUNG MAN CAME UP AND SAID HE WANTED TO TAKE

Keywords: 993, senate, all

Summary: The Senate opened with routine business, approved the prior journal, and received several motions to discharge identical Assembly bills from committee and substitute corresponding Senate bills. Members also offered brief recognitions for visitors, including Yemeni American community advocates and Cheri Davis, who was honored for her Alzheimer’s advocacy and support work. The chamber then took up several previously adopted resolutions, including Armenian Genocide Remembrance Day, Period Poverty Awareness Week, and Nurses Week, with senators speaking in support of each measure’s purpose and importance. The body then moved through a long calendar of bills, passing a wide range of measures on education, public health, correction law, environmental conservation, municipal law, agriculture, and consumer protection. Notable floor discussion included Senator Ramos explaining her support for a bill requiring salons and similar businesses to display multilingual domestic violence resource information, and Senator Gianaris and Senator Borrello debating a bill to prohibit electronic shelf labeling in stores over concerns about surveillance, dynamic pricing, and impacts on brick-and-mortar retailers. Senator May and Senator Skoufis also spoke on an environmental conservation bill concerning American eel management, with May supporting the species protections and Skoufis objecting to the bill’s structure. Most bills were adopted by wide margins, though several drew recorded negative votes. The Senate passed the domestic violence information bill, the electronic shelf-labeling bill, and multiple other measures, including bills on eviction notice procedures, surrogate court procedure, and environmental conservation. After completing the calendar, the Senate reported no further business and adjourned until the next day at 11:00 a.m.

Transcript Highlights:

• Um, House Bill 1489 ensures that voter registration applications are only distributed to individuals
• While the Federal Higher Education Act requires universities to distribute voter registration forms to
• It just says distribution. Again, this is way too broad language. Um, the Comments about civitech.
• This bill says distribution. It doesn't say mail, so it is very broad.
• This bill would broadly criminalize the distribution of speech created or edited with software as well

Bills: HB304

Keywords: franchise tax credit, food desert, grocery store, healthy corner store, nutrition assistance, economic development, public health

Transcript Highlights:

• Uh, so, PILT distribution... My name is Kelly Yti.
• and distribution of pilt thank<01:22:49.120> you<01:22:49.800> thank<01:22:50.199>
• <01:22:53.040> the<01:22:53.199> distribution<01:22:54.120> re distribution the
• distribution re distribution the distribution re identify<01:22:54.880> yourself<01:22:55.159>
• There are three different distribution systems under the law.

Keywords: 1187, senate, all

Transcript Highlights:

• things like Investments and distribution things like Investments and distribution decisions<00:19
• a distribution, that those would be considered under the purview of a distribution trust advisor.
• And so we were trying to make sure that we consolidated distribution powers under the distribution trust
• distribution powers under the<00:34:14.560> distribution<00:34:15.119> trust<00:34:15.440
• > advisor<00:34:15.960> and the distribution trust advisor and the distribution trust advisor

Bills: HF747, HF360

Keywords: corporate governance, shareholder rights, beneficial ownership, defective corporate acts, Minnesota Business Corporation Act, trusts, Uniform Trust Code, probate, estate planning, trust protector, directed trust, investment trust advisor, distribution trust advisor, excluded fiduciary, decanting, power of appointment, revocable trust, irrevocable trust, uneconomic trust, rule against perpetuities

Transcript Highlights:

• <00:21:08.720> and to look at the direct distribution and to look at the direct distribution
• wrestling over direct distribution. wrestling over direct distribution.
• distribution to maintain basic services. distribution to maintain basic services.
• from direct distribution. from direct distribution.
• Uh, we rely on direct distribution.

Keywords: 916, all

Transcript Highlights:

• We have the expertise and infrastructure to produce and distribute these products responsibly.
• This legislation would allow Massachusetts brew pubs to self-distribute a limited amount of beer.
• My question is: you guys were talking about limited distribution.
• What would limited distribution mean?
• Are you referring to Caleb Heliotis's group, the pub bill for limited distribution? Yes, yes.

Keywords: 995, all

Summary: The Joint Committee on Consumer Protection and Professional Licensure held a public hearing on a wide range of alcohol, liquor licensing, and hemp-derived beverage bills. Early in the hearing, there was a procedural dispute when Senator Jacob Oliveira attempted to testify virtually on S. 279; the House chairs declined to recognize virtual testimony from a committee member, and Senator Pavel Payano instead read prepared remarks supporting the bill to return liquor license authority to municipalities. The committee then heard testimony on H. 437/S. 279 from the Massachusetts Municipal Association and Cohasset Town Manager Christopher Senior, both of whom argued that local control would streamline licensing, better match modern community needs, and support downtown economic development. A Lexington business owner also supported local licensing flexibility for a paint-and-sip business seeking a beer and wine license. The committee also heard extensive testimony on hemp-derived beverage regulation, including H. 357 and S. 222. Supporters from the Commonwealth Beverage Coalition and Theory Wellness said the products are already widely available in unregulated settings, including gas stations and smoke shops, and argued for a regulated framework with age limits, testing, labeling, and local public health funding. The Massachusetts Brewers Guild supported regulation of low-dose hemp beverages but asked that breweries be allowed to participate using their existing retail and distribution rights. The Guild also supported H. 478, which would allow limited self-distribution by pub breweries, saying it would reduce inefficiency and help small breweries grow. Several bills modernizing alcohol licensing laws were also discussed. Representative Ruel supported H. 477, describing it as a cleanup measure that would remove the contiguous-premises requirement, add a character standard for applicants, and extend public notice periods. Representative Sangiolo testified in support of H. 3893, a local liquor-license bill tied to economic development and new businesses in Lexington, including a movie theater, coffee shop, and paint studio. Fable Brewing Company also supported the local license bill, saying the licenses are needed before they can finalize leases and open. The committee then heard opposition from the Massachusetts Package Stores Association and several retailers, who warned that the retail tier is under pressure from oversaturation, declining revenues, and expanded competition, and opposed a long list of bills they said would further weaken existing stores or the three-tier system. At the end of the hearing, Representative McKenna testified in support of H. 437 and S. 279, emphasizing municipal autonomy and the importance of on-premises licenses for restaurants and other economic-development projects. The chairs noted that additional written testimony could still be submitted on bills that did not receive in-person testimony. The hearing concluded with a motion by Representative Sangiolo, seconded by Representative LeBoeuf, to close the hearing, which passed by voice vote.

Transcript Highlights:

• Nothing in the court has stopped the distribution of these funds.
• And my other question was about distribution to tribes, and I guess it's a competitive grant. So...
• Madam Chair and Senator, the statute that describes the distribution also indicates that individuals
• And Madam Chair and Senator, would there be any money distributed prior to resolution of the court?
• how could you could you describe ...distributed.

Bills: SB38, SB46, SB18

Keywords: SB38, pet food, registered pet food, registration fee, fees, sunset repeal, repeal of repeal, revenue, state fee, business regulation, animal feed, pet food registration, New Mexico, SB46, organic waste, solid waste, waste diversion, composting, compost feedstock, waste characterization study

Transcript Highlights:

• Currently, the signing page is being distributed. So we're not taking any testimony.
• It establishes guaranteed minimum distributions to certain cities and school districts for two years
• Johnson Economic Protection Trust Fund, and it establishes new fixed distributions to certain cities
• to certain cities and distributions to certain cities and school<00:08:26.960> districts.
• eligible uses, and maximum distributions eligible uses, and maximum distributions of<00:08:33.719

Keywords: 1187, senate, all

Transcript Highlights:

• And so, here's a distribution of the federal programs.
• On the left, you can see a map of the distribution.
• That's $10 billion per year distributed across the states.
• That's basically just a flat distribution to every state.
• I would have to ask to get the distribution.

Transcript Highlights:

• funds to the Electronic Permit Fund, and the rest of that will be coming from the highway tax distribution
• They come from the general fund, highway tax distribution, motor carrier electronic permit fund, and
• Section 4 is the authorization to transfer highway tax distribution fund dollars to the agency.
• The bill basically outlines how the money is distributed throughout the— I went through the operating
• The bill basically outlines how the money is distributed throughout the— I went through the operating

Keywords: 908, all

Summary: The House convened with prayer, the Pledge of Allegiance, and a quorum present, then approved journal corrections and recognized visiting students from Underwood School. The chamber also handled several conference committee appointments after failing to concur with Senate amendments on House bills 1022, 1049, 1229, and 1029, and after the Senate failed to concur on House amendments to Senate bills 2010 and 2113. The House then concurred in or passed a series of amended measures, including House Bills 1481 (dental insurance loss ratio and reporting), 1511 (physician guidance on abortion law, with an emergency clause), 1562 (mandated reporter training), 1197 (correctional facilities study), 1095 (child protective services liaison work group), 1317 (barber licensing board changes), 1549 (corrections facility grants and reentry-related provisions), 1354 (appraiser evaluations), 1374 (open meeting exemption for township supervisors during on-site inspections), 1355 (abbreviated notice for administrative rulemaking), 1025 (advanced nuclear energy study), 1470 (Game and Fish fee changes), 1592 (Lignite Research Council updates), and 1375 (alcohol service/photo ID provisions). Final passage votes were recorded on each bill, with most passing comfortably and some drawing notable opposition, especially HB 1470 and HB 1549. The House spent substantial time on Senate Bill 2011, the Highway Patrol appropriation. Members discussed shifting one-time funding from the general fund to the Electronic Motor Carrier Permit Fund, including body armor, preliminary breath tests, an emergency vehicle course, resurfacing, fleet costs, and handgun/taser replacement, while also noting a federal grant and no new FTEs. Questions focused on salary-line increases and the new-and-vacant FTE pool, with Appropriations explaining that those dollars had been moved back into agency budgets from OMB. The bill passed 84-6. The House also passed Senate Bill 2013, the Commissioner of University and School Lands appropriation, after discussion of Trust Lands operations, unclaimed property staffing, and distributions from the Common Schools Trust Fund; one member was excused for a conflict, and the bill passed 67-22. Senate Bill 2023, the Racing Commission appropriation, passed 65-25 after a brief explanation of the agency’s responsibilities and funding. A major policy debate centered on Senate Bill 2385, which revises mobile home park regulation. Supporters said it creates receivership procedures if a license is revoked, requires clearer tenant notices, limits certain fees, and strengthens protections against eviction and utility overcharges. Two members were excused from voting due to conflicts tied to mobile home park ownership, and the bill passed 84-4. Another extended debate occurred on Senate Bill 2159, which allows the State Energy Research Center to study nuclear-related projects with approval from the Industrial Commission and consultation with the radioactive waste advisory council. Supporters said it is meant to help study advanced nuclear energy while preserving existing prohibitions on high-level radioactive waste storage; opponents raised concerns that the language could weaken prior protections and open the door to waste-related research or storage. The transcript ends during that debate, before a final vote on SB 2159 is shown.

Transcript Highlights:

• Wildlife distribution.
• ,<00:08:09.919> land populations, distribution, land populations, distribution, land ownership
• <00:15:31.279> I are distributed in a c certain area.
• I are distributed in a c certain area.
• But I think it animal distributions.

Bills: SF0025, SF0027, SF0043, SF0066

Keywords: landowner licenses, hunting, wildlife management, quota hunt areas, game and fish commission, game management, hunting regulations, black bear, tracking dogs, wildlife conservation, conservation, contracting, supervisor, funding, districts, hunting licenses, donated licenses, life-threatening illness, vision impairment, nonprofit organizations

Transcript Highlights:

• The distribution is calculated on the basis of population and the number of homesteads throughout the
• The distributions for each parish for fiscal year 2027 can be found on pages 43 through 43.
• House Bill 314 provides for the distribution of the constitutionally mandated $90 million allocated to
• Article 7, Section 26 of the Constitution requires a minimum of $90 million annually to be distributed
• Historically, the distribution has been calculated with an 80% weight on proportionate population and

Bills: HB1, HB2, HB3, HB312, HB313, HB314, HB383, HB983, HB1126, HCR3

Keywords: state budget, appropriations, education funding, public health, social services, government operations, state institutions, capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, funding, state general fund, local government, fiscal year

Transcript Highlights:

• distribution across the Commonwealth. distribution across the Commonwealth.
• So the cut scores are based on a distribution. It doesn’t say grade level.
• Because if it’s a distribution, you’re going to make that distribution no matter where the kids score
• c> standardized<00:51:08.480> tests distribution and how standardized tests distribution and
• <00:52:41.520> we we look that at that distribution we we look that at that distribution we

Keywords: 958, all

Summary: The committee first heard House Bill 44, sponsored by Representative Chris Lewis, which would create a robotics program trust fund and a robotics funding selection committee through the Kentucky Department of Education. Supporters, including Kentucky First Robotics executive director Kelly Gowen and students from Whitfield Academy, said the bill would expand hands-on robotics education in high schools, connect students to manufacturing and engineering careers, and help meet workforce needs. The proposal would fund grants for coach stipends, competition fees, kits, supplies, and related expenses, and Lewis requested a one-time $500,000 appropriation along with private contributions from manufacturers. The students demonstrated their robot and described how robotics programs teach coding, design, manufacturing, and competition skills. The committee took no questions and approved HB 44 with a favorable expression of opinion for passage on the House floor. The committee then considered House Bill 253, sponsored by Representative James Tipton, which would phase out the use of three-cueing reading instruction and require greater alignment with the science of reading. Tipton said the bill builds on the 2022 Read to Succeed law and would prohibit three cueing in public schools by the 2029-2030 school year, while also barring public university teacher prep programs from teaching it beginning in 2027-2028. He and Kentucky Department of Education officials said the bill is intended to shift instruction toward phonemic awareness, phonics, vocabulary, fluency, and comprehension, and to expand professional learning for teachers through LETRS and other options. KDE testified that enforcement would focus on support rather than punishment, using literacy coaches, regional support staff, and MTSS specialists to help districts transition. Members discussed the bill’s delayed implementation, the evidence against three cueing, and whether reading recovery should be excluded from approved interventions. Supporters cited studies and brain research they said show three cueing can hurt later reading performance, while several members emphasized the need for teacher flexibility and support. Representative Jackson noted Kentucky’s 2025 NAEP third-grade reading ranking of fourth in the nation as evidence that current efforts are helping. Representative Truett and others raised concerns about how the bill would affect classroom practice and intervention strategies, and Tipton and KDE said the goal is to align instruction with evidence-based methods rather than punish educators. The transcript ends during continued discussion of reading recovery and related instructional approaches, with no final vote on HB 253 shown in the excerpt.

Transcript Highlights:

• Um, do we have that language and has it been distributed?
• It's being distributed, and go ahead and speak to it while it's being distributed. Mr.
• c> it<00:12:56.839> been that language and has it been that language and has it been distributed
• I know it's been circulated distributed?
• It's being distributed, and go ahead and speak to it while it's being distributed. Mr.

Keywords: 918, senate, all

Summary: The committee took up H.F. 4188, the Commerce and Consumer Protection Policy Omnibus, and moved through a series of agreed-upon motions to adopt various House and Senate language articles and sections. The adopted provisions covered a wide range of topics, including residential mortgage loan servicing standards, student loan borrower protections, rental home marketplace guarantees, group coverage cancellation, limited lines travel insurance, insurance lead generators, collection agency and credit services organization definitions, proof of identification requirements, scrap metal copper licensing, technical changes to ASTM references and report filings, securities-related provisions, unclaimed property issues involving virtual currency and funeral prepayment funds, repeal of the prescription drug affordability advisory council, reinsurance program changes, and health insurance reporting and oversight provisions. Most motions were adopted without opposition after brief staff explanations and member encouragements to vote yes. In the health-related sections, the committee adopted language requiring insurers and nonprofit health service plan corporations to notify the Commissioner of Commerce about significant enrollment increases, expanding access to all-payer claims data for oversight, and requiring the sharing of PBM annual transparency reports with the Commissioner of Health. The committee also adopted language on artificial intelligence in utilization review, initially defining AI and prohibiting exclusive reliance on AI for adverse coverage determinations. Representative Elkins then offered an amendment to remove the specific AI definition and replace it with broader language referring to automated processing, arguing that technology-neutral drafting is more durable and that a human must remain in the loop for coverage denials; the amendment was adopted. After the agreed-upon items were completed, members indicated the chairs would huddle to work on the remaining issues and return after recess. The meeting then recessed to the call of the chair.

Transcript Highlights:

• It's distributed to the hospitals in the affected county.
• said, some of them happen in the city, and some of them happen in the county. ...the county can distribute
• was such an issue with uncompensated care, and that goes back to the point that somebody has to distribute
• , we did expand the parameters to make sure they understood exactly where those funds should be distributed
• to... they should distribute the funds to, as well as we put a small admin fee in so that the county

Bills: HB61, HB327, HB253, HB297

Keywords: home school, career and technical education, public schools, K-12 education, enrollment policy, parental leave, state employees, adoption, employee benefits, aircraft tax, aviation tax, sales tax exemption, use tax exemption, lease tax, rental tax, commercial aircraft, air carrier, airline, aircraft parts, maintenance

Transcript Highlights:

• distributed by the uh section 276575. distributed by the uh section 276575.
• Uh, and therefore the IRS sets the regs and the guidelines of how you can distribute that money.
• Uh, and therefore the IRS sets the regs and the guidelines of how you can distribute that money.
• <00:10:55.600> So,<00:10:56.000> one you can distribute that money.
• So, one you can distribute that money.

Keywords: Finance - Room 216, 2 February, 2026; 3:00 PM, 925, all

Summary: The committee first heard a bill concerning tax increment financing (TIFs). The sponsor explained that the measure would not change the existing financing structure, but would add an optional arrangement cities could negotiate with developers: a revenue bond guaranteed by taxes generated from the development. The goal was to let developers guarantee the bond and access funds sooner on the front end of a project rather than waiting to see whether tax revenues meet projections. After no questions, the committee adopted a motion that the title was sufficient and reported the bill out do pass as a committee substitute. The next bill, Senate Bill 2873, came from the Department of Revenue and dealt with enforcement of the state’s vape registry law. The sponsor said the bill fills a gap left by prior legislation by creating a statutory forfeiture process for seized products valued at $20,000 or less, including notice, a right to contest, and rules for disposition of forfeited property. The committee then moved the bill title sufficient and do pass, and it was reported out. Senate Bill 2894 addressed local improvement projects funded in 2021 through 2024 that had not been executed or had unspent money remaining. The bill would require return of certain funds after a memorandum of understanding was not signed or after three years with unspent balances, require remittance of unspent interest, allow withholding of some city diversion or state aid road funds for noncompliance, and require periodic status reports to the Legislative Budget Office. The sponsor also offered an amendment giving entities 60 days from the bill’s effective date to request a one-time six-month extension; the amendment and the bill both received favorable votes and were reported out. Senate Bill 2910 would require employers in the PERS system to settle the books if a unit of government or other employer terminates participation. Senate Bill 2911 proposed a new return-to-work option for PERS retirees, shortening the separation period from 90 days to 30 days and allowing certain retirees to return to public employment at up to 80% of the stated salary, with employer-paid retirement contributions and possible health insurance support. The sponsor said the bill would exclude elected officials, K-12 superintendents, and IHL/community college administrators, and he discussed the bill’s expected effect on PERS funding with questions from members about actuarial impact and whether the proposal would affect existing retirement rules. Both bills were discussed but the transcript excerpt does not show final committee action on Senate Bill 2911.

Transcript Highlights:

• As we work together to optimize the surtax premium distribution, we should look at phasing.
• If you look at their total general fund distributions and add in the state treasurer's office, about
• 16% of the overall general fund is the result of SIC distributions.
• fund portion of the Land Grant Permanent Fund, whereas the Severance Tax Permanent Fund distributes
• This distribution, this funding stream, is increasingly going to be a part of how the state pays for