Video & Transcript Research : 'regulatory changes'
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TX
Texas 89th 2nd C.S.
Delivery of Government Efficiency Apr 30th, 2025
Delivery of Government Efficiency
Transcript Highlights:
- What can we do because we haven't changed.
- You can't manage if the, if the underlying system is changing every year.
- And the way we measure could change and lots of things could change.
- If you had the right leaders, it would change.
- Yeah, why, why should they change, I guess is what I'm saying.
VT
Transcript Highlights:
- So, it's clear we need to rethink our regulatory process to make real headway.
- real change this session. real change this session.
- But complexity can't be an excuse for halting essential change.
- [applause] It was a mistake and we need to change course.
- It was a mistake and we need to change It was a mistake and we need to change course.<00:32:30.880>
KY
Kentucky 2026 Regular Session
House Legislative Session Day 16 (1-29-26)
Kentucky House Floor Meeting
Transcript Highlights:
- <00:12:05.279>
or Does any member wish to change or Does any member wish to change or explain - <00:17:54.480>
or Does any member wish to change or Does any member wish to change or explain - <00:20:42.640>
or Does any member wish to change or Does any member wish to change or explain - relating to insurance regulatory relating to insurance regulatory requirements.<00:38:30.480>
- <00:43:54.480>
appointed committee changes. appointed committee changes. appointed representative
Keywords:
Convene 00:00
Senate Message 04:45
Calendar/2nd Readings 05:20
Report of Committees 07:05
Orders of the Day 08:23
HB 214 08:33
HB 416 12:26
HB 281 16:20
HB 134 18:13
Motions, Petitions, and Communications 21:08
Introduction of New Bills and Resolutions 37:01
Recess for ConC/Rules Meeting 39:15
ConC/Rules Report 42:29
Floor Amendments 44:27
Correction to Introduction of New Bills and Resolutions 46:14
Adjournment 46:40, 958, all
Summary:
The House convened, heard an invocation focused on recovery from a recent storm, and recited the Pledge of Allegiance. A quorum was established with 94 members present, absent members were excused, and the rules were suspended to allow co-sponsorships and vote modifications. The journal was approved, and the clerk reported a Senate message transmitting Senate Joint Resolution 23 for concurrence.
The chamber then received second-reading reports on a wide range of bills covering pharmacist reimbursements, grooming a minor, local government liability, water fluoridation, solid waste, highway markings, fiduciary bonds, motor vehicle titles, hearing aid coverage, eating disorder coverage, public safety, pedestrians, cigar bars, backyard chickens, and county law libraries. Committee reports also advanced several bills, including measures on elections, local government, state-operated mental health facilities, prescription drugs, Alzheimer’s services, electric generating unit decommissioning costs, reemployment of retired police officers, and the Kentucky Communications Network Authority. Those favorable reports were treated as first readings and placed on the calendar.
The House passed several bills unanimously by roll call, including House Bill 214 on a program to help disabled veterans obtain and install home wheelchair ramps, House Bill 416 on educator preparation and early assessments, House Bill 281 on streamlining food donations by churches and nonprofits for shelters and disaster victims, and House Bill 134 on sexual assault nurse examiners, creating a statewide coordinator, registry, and regional access plan. In each case, sponsors explained the bills and members voiced support; floor amendment 1 to House Bill 416 was adopted before passage. Clinchers were applied after passage of the bills.
The House also adopted House Resolution 33 recognizing cancer patients, survivors, and families and designating January 29, 2026 as Suits and Sneakers Day, and adopted House Resolution 43 recognizing the economic and cultural partnership between Kentucky and Japan. Members offered additional citations honoring Newport Central Catholic High School and the YMCA, and the chamber observed a moment of silence for Boone County Sheriff Michael Helmig after a citation honoring his service and legacy. Announcements included committee meetings after adjournment, birthday wishes, and the introduction of numerous new bills and resolutions, including measures on kindergarten, bridges, revenue, retirement benefits, concealed deadly weapons, local taxes, motor vehicles, fiscal reporting, SNAP, families and children, vision testing, and a balanced budget amendment application.
MN
Minnesota 2025 1st Special Session
House Children and Families Finance and Policy Committee 3/5/25
Children and Families Finance and Policy
Transcript Highlights:
- <00:25:39.600>
best um was really based on regulatory best um was really based on regulatory - So that's what you'll see in a lot of these changes, and also you'll see a lot of the changes involving
- Some additional change: outdoor fencing.
- The next change here is around experienced aides.
- simplification of our regulatory simplification of our regulatory structure<01:19:10.040>
and
LA
Louisiana 2026 Regular Session
Commerce, Consumer Protection and International Affairs May 13th, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- These measures will reduce the regulatory burden and eliminate inefficiencies and improve the overall
- think we have an opportunity in western Louisiana and possibly up in northeast Louisiana as well to change
- think we have an opportunity in western Louisiana and possibly up in northeast Louisiana as well to change
- This bill simply provides a way for co-ops to opt out of the changes made in 2012 if they’d like to.
- s private security regulation framework and renames it the Louisiana Private Security Licensing Regulatory
Bills:
SCR53, HB259, HB267, HB478, HB548, HB555, HB617, HB670, HB672, HB797, HB848, HB917, HB921, HB1096, HB1103, HB1166, HB1195, HB1230
Keywords:
payable-on-death accounts, transfer-on-death accounts, estate planning, beneficiary designations, Louisiana law, task force, inheritance, nonprobate transfers, excavation, demolition, infrastructure repair, BEAD Program, utility damage, construction coordination, contact point, home inspectors, board membership, licensing, term limits, Louisiana State Board
AZ
Transcript Highlights:
- She has firsthand knowledge of ways that our system needs to change to better care for our patients and
- President, your Committee on Regulatory Affairs and Government Efficiency, having had under consideration
- Explanation: It makes conforming changes.
- Therefore, unemployment insurance is an important tool in our economy and should not ever be changed
- living in their household than might have been previously reported, if there happened to be a slight change
FL
Florida 2026 5th Special Session
Regulated Industries Jan 20th, 2026
Transcript Highlights:
- amendment is identical to the underlying bill I have just explained, except for a couple of small changes
- Restructure Section 1A to a... ...except for a couple of small changes.
- requirement of the student loan assistance program, clarifies that eligibility is not affected by a change
- However, Florida's regulatory framework already prioritizes reliability and affordability, ensuring that
- The cumulative effect is regulatory uncertainty, delays, and a clear message that Florida is closed for
Summary:
The Committee on Regulated Industries heard and voted on several bills. SB 986 would prohibit smoking or vaping marijuana in public places and also restrict smoking in rooms and bars; the sponsor said it is intended to protect public health and outdoor spaces, while the Florida Restaurant and Lodging Association supported the goal but raised concerns about impacts on designated smoking areas, and cannabis advocates warned about unintended effects on patients and property rights. The committee reported SB 986 favorably.
The committee also passed SB 678, which restores statutory authority for DBPR’s long-standing rule allowing alcohol distributors to deduct unsellable alcohol from monthly excise taxes; a strike-all amendment was adopted, including retroactive application to January 1, 2025, and the bill was reported favorably. SB 800, which increases penalties for repeat unlicensed engineering practice and creates an engineering student loan assistance program for engineers working for state agencies and water management districts, was amended and reported favorably as well.
Members then considered SB 408 on vaccine advertising and liability. The sponsor argued the bill would address declining public trust in vaccines by allowing claims against manufacturers that advertise in Florida, while opponents said the measure is preempted by federal law, raises First Amendment concerns, and would create unnecessary litigation. After extensive testimony and debate, the committee reported SB 408 favorably. The committee also heard SB 484 on data centers, which would set PSC tariff requirements so large load customers pay their own costs, preserve local planning authority, and limit water permits for large data centers; testimony was mixed, with supporters emphasizing ratepayer protections and economic benefits and critics warning about overregulation and confidentiality limits. The bill was reported favorably.
Finally, the committee approved SB 1118, which creates a time-limited public records exemption for certain data center development information held by local governments, after the sponsor said it was meant to prevent extended NDAs while still allowing local notice and input. SB 1050, requiring veterinarians to provide written prescriptions so pet owners can choose their pharmacy, was also reported favorably. The meeting ended after several members recorded votes on bills they had missed.
TX
Transcript Highlights:
- The bill also makes minor changes to the type of information the Attorney General may collect through
- Big initiative, big bill, significant changes.
- Big initiative, big bill, significant changes, ones that have certain significant merit regarding cyber
- , whether it's local businesses, changing transportation needs, or the ability for local communities
- In addition, it makes the following changes.
Bills:
HB146, HB150, HB1500, HB1545, HB1562, HB2067, HB2520, HB2818, HB3214, HB3250, HB3466, HB3512, HB3623, HB4063, HB4395, HB4464, HB4668, HB4690, HB5331, HB3833
Keywords:
HB 146, Texas Capitol, State Capitol, State Preservation Board, Congress Avenue, Travis County, traffic lanes, lane closure, road closure, municipal authority, local control, Capitol area, downtown Austin, special events, construction traffic plan, pedestrian safety, public works, transportation policy, government code chapter 443, cybersecurity
Summary:
The committee took up several pending business items and reported a series of House bills out of committee, including HB 2467, HB 2468, HB 2518, HB 4310, HB 4386, HB 4490, HB 5323, and HB 149. Most of these were advanced on committee substitute motions and sent to the local and uncontested calendar or reported favorably to the full Senate. HB 2467 drew one nay vote, while the others were approved without opposition. HB 4310 and HB 4386 were described as committee-substitute versions with changes narrowing disclosure requirements and preserving attorney-client privilege in certain circumstances.
A major portion of the meeting focused on HB 149, an AI governance bill. The substitute was explained as addressing biometric identifier capture and storage, exempting certain AI uses for security and fraud prevention, clarifying definitions, restricting AI systems that simulate explicit child sexual content, adjusting Attorney General investigative authority, refining sandbox program waivers, reducing Texas AI Council powers and membership, and adding DIR coordination provisions. The committee adopted the substitute and reported the bill favorably.
The committee then heard extensive testimony on HB 1500, the DIR sunset bill. The author said the bill would continue DIR for 12 years, restructure its board, update advisory committees, require regular cybersecurity assessments and penetration testing for state agencies, improve IT procurement training, and transfer the e-grants program to the Comptroller. A Texas 2036 witness supported the bill as a way to strengthen governance, procurement, and cybersecurity. Members asked detailed questions about the bill’s structure and then left HB 1500 pending.
The committee also heard a lengthy presentation on HB 150, which would create the Texas Cyber Command as a component of the University of Texas System, administratively attached to UTSA and located in San Antonio. The author argued the command would centralize cyber threat intelligence, incident response, and digital forensics, and would be able to support state and local entities, with optional services for local governments. Members raised concerns about university mission drift, governance, security, chain of command, procurement authority, gifts and donations, and civil liberties implications of proactive cyber monitoring. Witnesses from UTSA/NSCC and SecurityScorecard testified in support, emphasizing the security of the downtown San Antonio facility, the existing cyber ecosystem there, and the need for a dedicated cyber capability. The bill remained under discussion with no final committee action announced in the excerpt.
ND
North Dakota 2025-2026 Regular Session
House Energy and Natural Resources Apr 11th, 2025 at 10:00 am
Energy and Natural Resources
Transcript Highlights:
- So the changes from the draft that you heard a couple of weeks ago that were agreed to yesterday are
- This basically mirrors some other changes that were in 61, 16.1, 15.1.1.
- So those are the changes kind of from what you had heard initially.
- I think there is one additional cleanup change that should be made to this bill.
- She is in favor of these changes.
Summary:
The committee met with a quorum and first took up Senate Bill 2276, which addresses water projects that cross county lines. Senator Larry Luick and Danny Quissel of the North Dakota Water Resource Districts Association explained that the bill would require joint boards for multi-county projects, with equal representation from each county, and would add a dispute-resolution process: mediation through the Agriculture Department, then appeal to the Department of Water Resources, and finally court if needed. An additional cleanup amendment was adopted to clarify that a district could proceed if a joint board or district refused to participate. Members raised concerns about possible county-versus-county litigation, but the committee approved the amendment and then passed SB 2276 as amended on an 11-0-2 roll call.
The committee then heard the final bill of the day, Senate Bill 2267, on on-site wastewater treatment systems. DEQ Director Dave Glott presented a revised amendment reflecting prior discussion and input from local public health units and installers. The proposal would give the Department of Environmental Quality exclusive rulemaking authority, require public health units to inspect systems within 24 hours, allow MOUs with neighboring counties or health units, prohibit local rules that conflict with state standards, and create a state licensing system for installers while exempting homeowners working on their own property. It also set up permitting and appeals procedures, civil penalties for violations, and a $99,000 appropriation, with the department saying it would also rely on fee revenue and report back later on whether the program is working.
Members asked about homeowner installation, local permitting, technical assistance, and whether the $99,000 appropriation and expected fees would be sufficient. Glott said homeowners could still consult with local health units and would likely still need permits, and estimated fees might be around $200 per year for installers, generating roughly $50,000 annually. The committee adopted the amendment and then passed SB 2267 as amended on a due-pass motion, with one no vote recorded. The chair then adjourned the meeting.
TX
Transcript Highlights:
- There are a couple of big changes in here.
- But it's going to provide much-needed change in how the state and industry deal with this orphan well
- Obviously, this is a big change and I think that extra two years would help with that a lot.
- Include several changes, allocating funds from the expedited permit review process to a designated fund
- Change to the bill when the agency was moved to being more fee-based and how these fees compare to the
Keywords:
oil and gas waste, application fees, permit amendments, environmental regulation, Texas natural resources, battery recycling, battery disposal, consumer batteries, energy storage modules, electrochemical devices, lithium-ion battery, household hazardous waste, solid waste, municipal recycling, waste management, battery stewardship, producer responsibility, TCEQ, Texas Commission on Environmental Quality, recycling program
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Licensing, Occupations, & Administrative Regulations (7-31-25)
Transcript Highlights:
- <00:03:18.000>
They or regulatory barriers hindering? - They or regulatory barriers hindering?
- what you've changed for this year. year. year.
- We've got six months to make our changes and get this there.
- And make our changes and get this there.
Summary:
The committee first approved the June 18 meeting amendments, then heard an update from Representative Emily Callaway on the State Board of Licensure for Professional Engineers and Land Surveyors. She reported no major budget or regulatory concerns, but noted hiring challenges, especially for investigators, and said the board is pursuing a scholarship program using cash reserves and penalty payments. She also said the board has about 20,000 licenses, handled 134 cases in 2024, and had an open-investigation count that stayed roughly flat. The board said initial licenses take about 5 to 7 business days and endorsements about 10 business days, with one citizen-at-large vacancy on the 11-member board.
Callaway and board staff also discussed emerging issues such as AI, digital plan submissions, and the use of drones and LiDAR in surveying education. They said Kentucky’s surveying exam pass rates are well above national averages and that universities such as East Tennessee State, Cincinnati State, Bellarmine, Spalding, and Eastern Kentucky are helping train students for the field. The committee then took up Callaway’s occupational licensing bill aimed at removing barriers for people with criminal records. The proposal would let applicants seek an upfront determination of whether a record would disqualify them, require boards to consider specified materials and give written reasons if they deny eligibility, and bind the board’s decision absent new or undisclosed offenses. Supporters said the goal is to help roughly 30,000 people reenter the workforce and avoid wasted time and money on training that could later be disqualified.
The committee next heard from Representatives Fleming and Willner on a psychology licensing bill, a reintroduction of prior legislation. They said the measure is intended to address mental health workforce shortages by adding two members to the Kentucky Board of Examiners of Psychology, setting a more predictable timeline for licensure examinations, and requiring annual reporting on processing times for licenses and complaints. They said the bill is meant to speed entry into the profession as new psychology programs expand in Kentucky. No objections were raised.
Finally, the Alcoholic Beverage Control commissioner and general counsel presented two administrative amendments tied to SB 202 to allow direct-shipping forms for cannabis-infused beverages, and the committee approved both regulations by voice vote. The committee then held a broader discussion about whether ABC should be expanded by statute to regulate additional intoxicating substances and emerging products. ABC officials said the agency already handles alcohol, tobacco, vape licensing, and some related enforcement, but any broader authority would require legislative action and likely more officers and funding. Members discussed the need to stay ahead of new products, possibly through an emerging-industries framework, while also protecting businesses and consumers.
TX
Transcript Highlights:
- How the world has changed since the yellow pages and unlisted telephone numbers.
- In thinking about how Congress Avenue can adapt and change over time to meet the changing needs of the
- the general revenue fund to mirror this change.
- In addition, it makes the following changes: In Section 1, it changes "shall" to "may" in order to provide
- This bill does not change any of the protections in place for consumers under Section 1304.
Bills:
HB146, HB150, HB1500, HB1545, HB1562, HB2067, HB2520, HB2818, HB3214, HB3250, HB3466, HB3512, HB3623, HB4063, HB4395, HB4464, HB4668, HB4690, HB5331, HB3833, HB146, HB150
Keywords:
HB 146, Texas Capitol, State Capitol, State Preservation Board, Congress Avenue, Travis County, traffic lanes, lane closure, road closure, municipal authority, local control, Capitol area, downtown Austin, special events, construction traffic plan, pedestrian safety, public works, transportation policy, government code chapter 443, cybersecurity
KY
Kentucky 2025 Regular Session
Legislative Oversight & Investigations Committee (6-12-25)
Transcript Highlights:
from <00:08:51.279>the This represents a change from the This represents a change from- So, we have made some changes, some regulatory changes in July of 2024 that gave us additional permanency
- , some regulatory<01:24:28.800>
changes <01:24:29.120>in <01:24:29.360>July <01:24 - :29.600>
of <01:24:29.840>2024 <01:24:30.960>that regulatory changes in July of - 2024 that regulatory changes in July of 2024 that gave<01:24:31.520>
us <01:24:32.080>um
Keywords:
Call to Order and Roll Call- 00:00:14
Staff Report on the Firefighter Commission Minimum Training Standards and Administrative Spending- 00:02:02
Response from the Kentucky Fire Commission-00:32:06
Judge Testimony on Child Removal-00:42:47
Update on Child Removal and Reunification-01:11:19
Staffing at Kentucky Veteran Centers-01:40:15
Adjournment-02:05:55, 958, all
Summary:
The Legislative Oversight and Investigation Committee met without a quorum, so no votes were taken. Staff presented a study of the Kentucky Fire Commission focused on firefighter minimum training standards and administrative spending. The presentation explained that Kentucky’s training standards are built from NFPA guidelines, that the commission currently requires 115 hours for volunteer firefighters and 300 hours for paid firefighters, and that those reduced hours were adopted by removing electives and other non-NFPA content. Staff also said the commission’s IFSAC certification testing for firefighter 1 and firefighter 2 aligns with NFPA standards, but the commission cannot require local departments to train or certify firefighters. Staff recommended that the commission formally promulgate regulations establishing the reduced training hours and work with KCTCS to better separate administrative costs for certain programs so compliance with the statute can be demonstrated.
The finance portion of the report said the commission is funded by general fund appropriations for State Fire Rescue Training and by an insurance premium surcharge that supports the Firefighter Foundation Program Fund. Staff reported that the commission stayed within the 5% administrative cap tied to the overall surcharge allotment, but could not confirm compliance with a separate 5% cap for specific programs because KCTCS accounting does not break out those costs in enough detail. Staff suggested the General Assembly may want to clarify what counts as administrative cost in statute. Members asked about investment returns, local fire department funding, and whether training documentation is required; staff said some of those topics were outside the study scope and that IFSAC testing relies on chief certification that a candidate is ready to test.
Representatives from the Fire Commission then responded, saying they agreed with the report’s recommendations and would work to clarify the 5% issue with legislators and KCTCS. They explained that the reduction in training hours was intended to remove electives, better align with NFPA standards, and address the difficulty volunteer departments have in getting members to complete lengthy training. Commission officials said training is documented through rosters and annual compliance reviews, and that IFSAC-certified firefighter testing is based on demonstrated skills rather than a required number of training hours. They also said the difficulty in tracking the second 5% cap stems from the way KCTCS’s PeopleSoft system records reimbursements as single transactions, making it hard to isolate administrative costs by program.
MN
Transcript Highlights:
- There simply is no funding relief through those organizations, through those regulatory agencies, for
- Addressing these regulatory requirements alone comes with the estimated cost of two million.
- Beyond these regulatory needs, the facility itself is showing its age.
- c> Addressing these regulatory requirements Addressing these regulatory requirements alone<01:19:32.960
- Beyond these regulatory two million.
Bills:
HF604, HF1972, HF578, HF1951, HF629, HF864, HF874, HF1155, HF884, HF2365, HF643, HF234, HF2655, HF2637, HF2535, HF2530, HF2344, HF584, HF524
Keywords:
airport funding, bonds, transportation, capital investment, Karlstad, community center, Breckenridge, state bonds, economic development, HF578, Faribault, River Bend Nature Center, bonding bill, bond proceeds fund, Minnesota Department of Natural Resources, DNR grant, nature center, visitor center, environmental education, multicultural center
VA
Transcript Highlights:
- So a member can change their vote. I want to reconsider that vote. Mr. Speaker.
- We consider the vote so a member can change their vote.
- No, no, no, just to bring it back so that a member can change their vote. Okay.
- forth, and even the fact that we're here late on the last day of session, and we're still making changes
- There would be no change in that, which was part of the original conference report. Mr.
HI
Hawaii 2025 Regular Session
ECD Public Hearing - Fri Jan 31, 2025 @ 10:00 AM HST
Economic Development & Technology
Transcript Highlights:
- The chair also amends the bill to change the regulatory responsibilities from DBED to DCCA.
- The chair also amends the bill to change the regulatory responsibilities from DBED to DCCA.
- The chair also amends the bill to change the regulatory responsibilities from DBED to DCCA.
- The chair also amends the bill to change the regulatory responsibilities from DBED to DCCA.
- that to a reservations I to be changing that to a reservations I just<00:58:53.319>
want <00:58
Summary:
The House Committee on Economic Development and Technology heard testimony on several measures, including HB 671 on Native Hawaiian data tabulation, HB 639 on AI chatbot disclosures and consumer protection, HB 1391 on a proposed Hawaii/Irish trade commission, HB 1361, HB 1384 on an AI advisory council, HB 1292, and HB 1308 on online sports wagering. Testimony on HB 671 focused on clarifying how Native Hawaiian categories should be defined for data purposes, with Eugene Tian noting Census data can tabulate Native Hawaiians alone but not those in combination with other races without special tabulation. HB 639 drew support from DCCA’s Office of Consumer Protection, which said the bill should advance but may need amendments to align with existing consumer protection law and preserve OCP enforcement authority. HB 1384 received support from ETS, which said an AI advisory council would help establish governance and standards for state AI use. HB 1391 drew comments in support from DBEDT and one testifier who urged a broader U.S./Hawaii/EU framing rather than a bill focused on Ireland. HB 1361 was heard with no testimony in the excerpt, and HB 1292 received support from the Hawaii Community Development Authority and opposition from HGA, which warned the measure could open the door to privatizing or outsourcing government services. HB 1308 drew extensive testimony both for and against, with supporters arguing legalized online sports betting could generate revenue for education, housing, health care, child care, and problem gambling treatment, while opponents raised concerns about regulation, oversight, and the social impacts of gambling. Supporters included BetMGM, DraftKings, and the Iron Workers Stabilization Fund, while the Department of Taxation and Office of Information Practices also provided comments. The committee then moved into decision-making and adopted the chair’s recommendations to pass HB 671, HB 639, HB 1391, and HB 1384 with amendments, while HB 1361 and HB 1292 were deferred. For HB 1308, the chair outlined a substantial HD1 with changes including limiting the bill to internet-connected mobile or digital wagering platforms, shifting regulatory responsibility from DBED to DCCA, adding confidentiality language tied to UIPA, and using committee notes to reference other states’ tax percentages and agency testimony; members discussed the need for guardrails, and one member changed from a no vote to reservations, but the excerpt ends before the final vote is shown.
AZ
Transcript Highlights:
- So we got that changed, and this is the next step... Non-lethal protection.
- Did that opinion change? Mr.
- Okay, if we need to change that, then it needs to go through DPS regulations and the regulatory aspect
- DPS can do their regulatory change and pretty much in the blink of an eye, much faster than statute can
- be changed.
Keywords:
attorney discipline, legal costs, reputation damage, state bar, court costs, fentanyl, drug offenses, narcotic drugs, criminal penalties, Arizona Revised Statutes, educational institutions, public order, disruption, concealed weapons, safety regulations, firearms, muffling devices, weapon regulations, Arizona law, public safety
MN
Minnesota 2025-2026 Regular Session
Committee on Environment, Climate and Legacy - 02/04/25
Environment, Climate, and Legacy
Transcript Highlights:
- <00:15:51.800>
that uh 10c is a corrective change that uh 10c is a corrective change that - Chair, members, the change that was made to the bill last year was a change to 97B.667, which is the
- Chair, members, the change that was made to the bill last year was a change to 97B.667, which is the
- Chair and members, the change that was made to the bill last year was a change to 97B.667, which is the
- key there are other regulatory key there are other regulatory structures<01:23:31.880>
in
MN
Minnesota 2025-2026 Regular Session
Committee on Agriculture, Veterans, Broadband and Rural Development - 03/24/25
Agriculture, Veterans, Broadband, and Rural Development
Transcript Highlights:
- Uh column B shows the change items.
- Section two makes conforming and technical changes related to the changes in section one.
- and makes some conforming changes. and makes some conforming changes.
- technical changes related to the changes technical changes related to the changes in<01:09:17.520
- make the change, we can make the changes make the change, we can make the changes easier<01:16:40.159
FL
Florida 2025 Regular Session
February 4, 2025 - 12:30 PM
Transcript Highlights:
- and differences from the private insurance market, how Citizens is funded, and how its policy count changes
- invited Michael Yaworski, our state insurance commissioner, to be here today in case you have any regulatory
- So like every state, Florida's insurance market is subject to regulatory oversight.
- We're seeing things change. Here is when you will feel the savings.
- We're seeing things change. Here is when you will feel, you know, the savings.
Summary:
The Insurance and Banking Subcommittee received a lengthy presentation from Citizens Property Insurance Corporation CEO Tim Serio, with Insurance Commissioner Michael Yaworski also answering questions. Serio reviewed Citizens’ role as Florida’s insurer of last resort, its statutory funding structure, eligibility rules, depopulation program, reinsurance obligations, and the surcharge/emergency assessment mechanisms that can be used if Citizens runs a deficit. He emphasized that recent legislative reforms, combined with lower litigation and improved market conditions, have helped the private market recover and reduced Citizens’ policy count from a peak of about 1.41 million in 2023 to 936,182 at the end of 2024, with a projected drop to about 771,000 by the end of 2025. He also said the reforms reduced Citizens’ rate need and helped avoid an emergency assessment after the 2024 storms.
Members asked about Citizens’ rate increases, why Citizens still seeks higher rates despite lower litigation, how the 20% eligibility threshold works, whether Citizens should be wind-only, and whether the state or federal government could help with deficits. Serio explained that Citizens is still charging below actuarially sound rates in most areas, that rate filings reflect reduced litigation and lower reinsurance exposure, and that assessments on all Florida property policyholders are the reason Citizens tries to build surplus and depopulate. He said the depopulation program is working better than in the past, with less than 2% of takeout policies returning to Citizens, and that the Office of Insurance Regulation has been vetting takeout companies more carefully.
A substantial portion of the discussion focused on claims handling after Debby, Helene, and Milton, including flood-versus-wind disputes and Citizens’ use of the Division of Administrative Hearings for some claim disputes. Serio said Citizens had received 76,625 claims from the three storms and had paid nearly $823 million in indemnity and expenses as of January 7, 2025. He said many closed-without-payment claims were either below deductible, withdrawn, duplicate, or flood-only, and that Citizens had asked its internal audit function to independently review the claims data and denials. He also described Citizens’ storm outreach, catastrophe response centers, managed-repair program, and claim review process, and said the corporation remains focused on paying valid claims while minimizing the risk of assessments on the broader Florida market.