Transcript Highlights:

• We have looked at the structure of the boards and between...
• We have looked at the structure of the boards and to ensure that people are represented there.
• We ask that the COLA be structured as that of the annual COLA for PERS and TRS Plan 2.
• We ask that the COLA be structured as that of the annual COLA for PERS and TRS Plan 2 recipients.
• At this time, I do not support any changes to the current Left 1 pension board structure.

Keywords: 904, all

Summary: The Select Committee on Pension Policy approved its minutes by roll call vote, then postponed an OSA annual update due to a family emergency. The committee received an Open Public Meetings Act refresher from Assistant Attorney General Kate Adams, who reviewed key compliance points including quorum and serial meetings, notice and agenda rules, executive session limits, public comment requirements, and the consequences of violations. She also noted a litigation hold notice sent to members and provided resources for further guidance. Staff then briefed the committee on E2 Second Substitute House Bill 2034, which restates and terminates LEOFF 1 on June 30, 2029, creates a restated LEOFF 1 funded by transferred assets, and places excess assets into a pension surplus holding account that could later be used by the state. The bill requires DRS to seek IRS guidance, directs OSA to calculate the transfer amount and assess any future unfunded liability, assigns implementation duties to DRS, OSA, the Pension Funding Council, the State Investment Board, and the Treasurer, and requires two SCPP studies on LEOFF 1 medical benefits and policy oversight. OSA’s actuary estimated the transfer to the surplus holding account at about $3.9 billion under current assumptions and said the bill increases the modeled chance of future state contributions if the restated plan falls below 100% funded; members asked about IRS timing, the 2029 transfer date, and whether the 110% buffer is sufficient. The committee also received an update on the LEOFF 1 medical benefits study required by the bill. Staff said the study will examine the administration of pension boards and medical liabilities, likely focusing on medical benefits, and will gather anonymized data from local boards, cities, counties, and related agencies over the next three years. Members and public commenters discussed the number and structure of local boards, whether spouses receive medical benefits, and the possibility of regionalizing or consolidating administration. No action was taken, but staff said they would return with milestones and further updates. Finally, staff outlined a possible Plan 3 study, prompted by DRS, to evaluate whether the original goals of Plan 3 have been met after 30 years. The proposed study would review historical context, member choice outcomes, policy questions, and possible recommendations over a two-year period. The committee also heard an update on new correspondence procedures, including a new online web form, a correspondence log in meeting packets, and removal of correspondence from the public website. During public comment, retiree groups urged the committee to pursue an ongoing COLA for PERS and TRS Plan 1, with interim ad hoc COLAs until then, while LEOFF 1 retirees urged caution about changing the current board structure and emphasized the complexity of medical benefit administration.

Transcript Highlights:

• It creates a formal structure to connect federal military leadership, DOD installations, and Arizona's
• By modernizing the membership structure, requiring a biannual economic impact report, we give Arizona
• That's the structure and foundation of our great nation, is that we follow law, law and order.
• Chairman, Senator Gonzales, simply because we've looked at other structures as well.
• Again, I cite both how Florida had set up their structure with Space Florida.

Bills: SB1047, SB1365, SB1474, SB1618, SB1620

Keywords: National Guard, active duty, combat, Arizona, declaration of war, state law, military service, property tax, exemptions, veterans, disabilities, widows and widowers, Arizona Revised Statutes, immigration enforcement, local law enforcement, federal cooperation, law enforcement training, public safety, military affairs, funding

Transcript Highlights:

• It removes outdated statutory requirements that lock the PRC into internal structures designed nearly
• 30 years ago, structures that no longer reflect the reality of today's regulatory... ...structures designed
• nearly 30 years ago, structures that no longer reflect the reality of today's regulatory landscape.
• Constitutionalizing a flawed structure means that if harm continues or worsens, the state's ability to
• Structural reform should be flexible, accountable, and correctable.

Keywords: 996, all

Transcript Highlights:

• Some even have the cost to stabilize the land underneath your house and, of course, other structures.
• But numerous states have now enacted statutory structure to allow for captives.
• Certain things for windows and other building structures.
• Certain things for windows and other building structures.
• issues in the instance of an earthquake. ...that would have structural issues in the instance of an

Summary: The committee heard a work session on earthquake insurance, beginning with background from the Office of the Insurance Commissioner. OIC staff explained that earthquake and earth movement are generally excluded from standard property policies, that earthquake coverage is usually purchased through endorsements or standalone policies with high deductibles and relatively high premiums, and that surplus lines are a limited backstop market not covered by the state guarantee fund. They also described parametric insurance and captive insurance as more specialized products generally suited to commercial or governmental buyers rather than ordinary consumers. A second panel of insurance and banking experts focused on commercial earthquake exposure, especially for older buildings, collateralized loans, and potential knock-on effects to banks and consumers if a major quake caused widespread damage. Members asked about consumer impacts, mitigation incentives, inventories of vulnerable buildings, and whether legislation such as prior work on unreinforced masonry could help reduce risk. The Washington Bankers Association said earthquake insurance is expensive and that affordability is a major concern, while also noting banks participate in disaster-recovery planning and would be affected by major regional losses. No votes or formal actions were taken. The committee then received a presentation from the Washington State Institute for Public Policy on its cannabis and Initiative 502 research. WSIPP staff described the agency as a nonpartisan research institute that conducts legislative-directed studies and explained that its long-term I-502 assignment includes periodic reports leading to a final benefit-cost evaluation in 2032. Staff summarized findings from a 2023 report showing that cannabis possession convictions fell sharply after legalization, though some racial disproportionalities persisted, and that closer retail access was associated with higher reported adult cannabis use, more fatal traffic crashes involving drivers from nearby areas, and higher rates of cannabis use disorder diagnoses among Medicaid enrollees. A 2023 youth-focused report found that students attending schools near retailers were more likely to report cannabis use, had more unexcused absences, and were less likely to graduate on time. In the newest 2025 Medicaid study, staff said retail access was associated with higher probabilities of cannabis use disorder diagnoses, related hospitalizations, inpatient treatment, and co-occurring mental health diagnoses, with event-study analysis suggesting the increases appeared after retailers opened rather than before. Members asked about racial disproportionality, the meaning of cannabis use disorder diagnoses, THC and impairment, whether the findings reflected medical versus recreational use, and how the results should be interpreted in light of broader trends and data limitations. No formal committee action was taken.

Transcript Highlights:

• of Kentucky, presented a critical proposal for the University of Kentucky's South Campus parking structure
• you, and you can see the models as well at the beginning of your packet, is one to expand Parking Structure
• you, and you can see the models as well at the beginning of your packet, is one to expand Parking Structure
• It will also repair steel beams, replace column posts and structural improvements, add electrical and
• column posts and structural improvements,<00:13:31.360> adding<00:13:31.760> electrical

Keywords: 958, all

Summary: The committee first approved the February minutes and noted there had been no March meeting. Staff then provided a series of information items, including quarterly capital project status reports from state agencies and postsecondary institutions, a University of Kentucky equipment purchase report, notice that the committee took no action on certain March transactions, school district debt notices for Fayette and Jessamine counties, lease-space advertisements due to building conditions, a Kentucky Asset/Liability Commission report, and asset preservation project reports from KCTCS and Eastern Kentucky University. The committee then heard and unanimously approved Murray State University’s request for interim authorization to use institutional revenues for a $1.5 million roof replacement at the Curs Center student center. University of Kentucky also received unanimous approval for a $115 million public-private partnership project to expand Parking Structure 7 and the Johnson Center recreation space; testimony emphasized the loss of parking from hospital expansion, increased student enrollment, a planned $21 per semester recreation fee increase, and the goal of improving student retention and campus capacity. Next, the committee received a report on a Kentucky State Police Post 11 renovation in London funded at $1.138 million, with members asking how long the repairs would extend the building’s useful life; KSP said the work was a long-term investment and replacement was still many years away. The committee also approved multiple real property lease actions, including a new CHFS lease in Scott County, several lease renewals for the Commonwealth’s Attorney, CHFS, Transportation Cabinet, and a Secretary of State relocation lease tied to a capital renovation project. Members questioned one Jefferson County lease rate and the witness said it had been in place since 2007. Finally, the Kentucky Infrastructure Authority presented three water loan items, which were rolled and then approved: an $841,383 East Clark County Water District loan for waterline upgrades, a roughly $6.13 million Oldham County Water District loan for US 42 improvements, and a $619,180 increase for Canonsburg Water District’s Schopes Road project due to higher-than-expected bids. The committee then approved eight K-12 school facility issuances, including projects in Clinton, Franklin, Fulton, Lincoln, McLean, Paris, Somerset, and Spencer counties, covering early childhood, new school construction, HVAC, energy conservation, and renovations. The meeting ended with notice of the next meeting date and adjournment.

Transcript Highlights:

• Motans do great in delivery.<00:17:52.080> The<00:17:52.400> structure<00:17:52.720>
• The structure of our health delivery.
• The structure of our health care<00:17:53.760> is<00:17:54.080> what's<00:17:54.480>
• And so I think we have to look at creating an incentive structure for illegal immigrants to come here
• for illegal immigrants to come structure for illegal immigrants to come here<00:25:29.120> to

Keywords: 1187, senate, all

Transcript Highlights:

• It was intended and structured to be focused on very short-term opportunities to allow for economic mobility
• Credit for Prior Learning sets students on a structured and rewarding learning journey by honoring their
• Finance has been working with the Chancellor's Office to develop the lease revenue bond program structure
• At the time of that Budget Act, it well preceded the state lease revenue bond structure and concept that
• They were hesitant to take on that liability without knowing that particular structure, which delayed

Keywords: 988, house, all

Transcript Highlights:

• The bill modifies the current structure by establishing an Office of Financial Management and moving
• <00:07:55.680> by<00:07:55.919> establishing<00:07:56.639> an current structure
• by establishing an current structure by establishing an office<00:07:57.159> of<00:07:57.360>
• 08:09.560> organizational role to the same organizational role to the same organizational structure
• level as most public and structure level as most public and private<00:08:13.319> organizations

Keywords: Meeting Start: 00:01 Attendance Roll Call: 00:04 HB 684 (Rep. Decker): 00:49 HB 71 (Rep. Duvall): 06:55 HB 290 (Rep. Wilson): 09:20 HB 555 (Rep. Freeland): 15:21 HB 160 (Rep. Witten): 16:30 HB 455 (Rep. Flannery): 22:04 Adjournment: 27:21, 958, all

Summary: The Senate Standing Committee on State and Local Government considered several bills. House Bill 684, an elections “continuous improvement” measure, drew the most discussion. Rep. Jennifer Decker said it was based on issues identified during the 2024 election cycle and included changes to absentee voting for primary caregivers and other election administration updates. Senators focused on a committee substitute removing credit and debit cards as a second form of ID for provisional ballots; Decker said local election workers had reported people trying to use cards with no photo ID, and she did not want financial institutions determining voter eligibility. The bill also clarified that certain ballots could be issued by hand or by mail. It passed 9-1, with some members voting no or passing because they wanted more time to consider the ID change. House Bill 71, requested by the Kentucky Public Pension Authority, would reorganize KPPA by creating an Office of Financial Management and moving the CFO into an executive director-level role. Testimony said the change was structural only, with no impact on system funding and minimal short-term costs. It passed unanimously, 11-0. House Bill 290, by Rep. Nick Wilson, would allow county law libraries to use funds for online legal research resources, computers, and internet-related equipment. Supporters said libraries had money but were limited to buying books; the bill passed unanimously, with the chair noting it would let libraries use existing funds more effectively. House Bill 555, as amended by committee substitute, addressed audit and reporting requirements for small cities. Supporters from the Kentucky League of Cities and the Auditor’s Office said many small cities struggle to find certified CPAs, and the bill would raise the threshold for less frequent audits, expand the exemption threshold, allow the Auditor’s Office to contract to perform audits, and clarify that state-fund withholding for noncompliance would not apply to contractual or utility payments. It passed 10-1, and the title amendment was adopted. House Bill 160, with a committee substitute, would regulate manufactured housing and local zoning by establishing standards that supporters said were needed to prevent discrimination against modern manufactured homes. Several senators expressed concern about state interference in local zoning, while others supported the bill as a housing access measure; it passed 10-1. Finally, House Bill 455 would create a Unit of Election Investigations and Security in the Attorney General’s Office to handle election-crime allegation review, the voter fraud hotline, prosecutorial referrals, and legislative oversight. Supporters said it codified existing practices and would not require new funding, but opponents objected to placing the hotline in a partisan office. The bill passed 9-1 with one pass, and the committee adjourned after reporting favorable action on the bills.

Transcript Highlights:

• For football, tennis, now FIFA coming, but also Formula One, and that's within the tax structure of Miami
• The crane collapsed into the Tampa Bay Times building, doing significant damage to the structure, but
• Had that crane fallen into an occupied structure like an apartment building or my office building, the
• systems with every phase of their water and wastewater operations, to include their rates, their structure
• The structure established as a nonprofit is a functioning mechanism that does work.

Summary: The committee met with a quorum and considered several bills, reporting each favorably after hearing sponsor presentations, public testimony, and member questions. SB 578 would allow wine to be sold in recyclable containers, aligning wine with beer container rules; it received support from Americans for Prosperity and passed without debate. SB 606 clarified when guests in public lodging or food service establishments may be removed for nonpayment, updated notice and checkout provisions, and removed a mandatory arrest requirement, with support from hotel and restaurant industry groups; it also passed favorably. Members then heard SB 202, which addresses a municipal water utility surcharge issue affecting Miami Gardens and North Miami Beach by requiring the utility to charge residents where the plant sits the same rate it charges its own residents. The sponsor and supporters described it as a fairness issue, while North Miami Beach argued it would shift costs and threaten utility finances; the bill was reported favorably. SB 570 modernized and clarified the scope of work for swimming pool and spa contractors, and SB 928, as amended, regulated non-approved disposable nicotine devices by restricting advertising and display, increasing inspections and penalties, and adding a school-buffer provision; both were reported favorably. The committee also approved SB 346, which repeals state preemption over local regulation of hoisting equipment and cranes, prompted by concerns after Hurricane Milton and a crane collapse in St. Petersburg. Supporters said local governments need authority to address storm-related crane safety, while industry representatives warned against patchwork regulation and said local oversight already exists in some areas. Finally, the committee took up SB 652, creating Veterinary Professional Associates to perform certain tasks, including limited surgeries under veterinarian supervision; animal welfare groups supported it as a way to expand access, while some veterinarians opposed the surgery provisions. The bill was reported favorably after amendment. The committee then began SB 354, a major overhaul of Public Service Commission oversight, including expanding the commission, adding financial expertise, tightening rate-setting and storm-hardening review, and increasing transparency for nonprofit water and wastewater utilities; the substitute amendment was adopted and public testimony was heard from consumer advocates and utility-related groups, but the transcript ends before final action on the bill.

Transcript Highlights:

• There is great opportunity to improve our cost structure, our efficiency, our operations, to really save
• financial metrics, poor systems, awful lot of low-hanging fruit there so we can improve our cost structure
• Our structure, we don't have the right financial metrics.
• But I do believe you're hitting on the right thing when you talk about structural change.
• I don't believe in the Department of... defense, any of our leaders fully understands our cost structure

Keywords: Steven Feinberg, Deputy Secretary of Defense, national security, budget cuts, military readiness, global threats, Department of Defense

Summary: The meeting primarily focused on the nomination of Steven Feinberg as Deputy Secretary of Defense. The committee emphasized the urgent need for strong leadership in response to a complex array of global threats posed by adversarial coalitions, including China, Russia, and Iran. The discussions highlighted concerns regarding budget cuts and personnel reductions within the Department of Defense, showcasing the challenges posed by the current economic context and the pressing need to maintain military readiness and capabilities. Various members expressed their apprehensions about how impending layoffs and budget reductions would impact the defense workforce and national security.

Transcript Highlights:

• Because right now, we do see not everyone does take up because they are kind of confused on how the structure
• So outside of that $10 million, we wouldn't change the current structure. Okay.
• early in our screening and then later, and that's why we do agree with kind of a more cohesive structured
• helps get away from students' support being based on their zip code and allows SELPAs to address structural
• But greater investments allow them to stabilize and build into a structure that has greater support and

Keywords: 987, senate, all

Transcript Highlights:

• Emergency medical protocols provide structured, evidence-based instructions that allow dispatchers to
• Structured, evidence-based instructions that allow dispatchers to turn a bystander into a first responder
• ... ...when there are no public entrances or structures where the public is located within disaster sites
• When we move out to repair facilities with utilities, there are no structures. Thank you.
• When we move out to repair facilities with utilities, there are no structures.

Summary: The committee heard several bills related to public safety, emergency response, wildfire prevention, and environmental protection. AB 2152 by Assembly Member Mark Gonzalez would streamline CEQA litigation for new fire station projects and add best-practice requirements; supporters, including firefighters, said it would help communities and firefighter safety, while opponents argued the project labor agreement requirements would raise costs and limit participation for small and nonunion contractors. The bill passed to Appropriations. AB 2041 by Assembly Member Carrillo would expand reporting related to 911 dispatcher pre-arrival medical instructions; after amendments and stakeholder agreement, opposition groups said they would remove their opposition, and the bill passed to Appropriations. AB 2101 by Assembly Member Gipson would require human trafficking notices and training at disaster sites and for disaster response workers; supporters said it would protect vulnerable workers, while broadband, city, and county representatives raised implementation concerns, especially in rural disaster areas. It passed to Appropriations despite a no vote from Vice Chair Hadwick. The committee also considered AB 1805, which would require an audit and stronger oversight of the state’s Next Generation 911 project after concerns about major spending and delays. CalNENA supported the bill’s transparency and accountability provisions, and the measure passed to Appropriations. AB 1536 by Assembly Member Addis would tighten safety and public review requirements for offshore oil pipeline restarts and require decommissioning of certain spill-prone pipelines; environmental and coastal government groups supported it, while the Western States Petroleum Association warned it would threaten fuel supply and pipeline operations. The bill passed to Appropriations on a divided vote. AB 1964 would direct the State Fire Marshal to survey home hardening in fire-prone areas and estimate costs; it passed to Appropriations with broad support. AB 1960, also by Assembly Member Bennett, would use a portion of wildfire prevention grants to encourage community-level home hardening certification. The author said the bill would create incentives and broader public awareness, while the vice chair argued it would favor communities that can already afford hardening and divert resources from higher-need areas; the bill still passed to Appropriations. AB 1863 by Assembly Member DeMaio would clarify that people cannot be charged simply for calling 911 or when no services are rendered, while preserving fees for actual services and allowing billing for legitimate emergency response costs; it passed to the Assembly floor. The committee also took up consent item AB 2517, which passed to Appropriations. After add-on votes for absent members, the meeting adjourned.

Transcript Highlights:

• And then two of our larger hospitals, being UAMS and Children's, have a different per diem structure
• We have to have a broad-based and uniform fee structure that is approved by the feds to be charged to
• We have to have a broad-based and uniform fee structure that is approved by the feds to be charged to
• We have worked with ones that have come to our attention that need some assistance on structuring a payment
• hospitals would have a hard time saying they would only see patients covered by a special payment structure

Summary: The subcommittee met to review Arkansas DHS hospital spending and reimbursement methods, with Secretary Janet Mann and Deputy Secretary Misty Eubanks explaining Medicaid hospital payments. They described fee-for-service per diem payments, cost settlements, and the upper payment limit (UPL) program, noting that SFY 2025 hospital payments included $688 million in inpatient/outpatient claims, $473 million in UPL payments, $248 million in cost settlements, and about $47 million in other payments such as graduate medical education and disproportionate share hospital funds. Members asked about why per diem rates vary, how cost settlements work, why UPL applies mainly to private hospitals, and how assessment fees are structured and funded. DHS said the hospital assessment fee is broad-based and uniform, used as the state share to draw federal funds, and that supplemental hospital payments after federal match totaled $548 million with no general revenue used. The Arkansas Hospital Association’s Jody Ann Tritt then gave a broader overview of the hospital landscape, explaining the different hospital types in the state, including critical access hospitals, rural emergency hospitals, PPS hospitals, and specialty hospitals. She said Arkansas hospitals face financial strain, citing a negative 5.18% patient service margin statewide and lower reimbursement than surrounding states. She argued that Arkansas hospitals are paid less than hospitals in neighboring states for similar services, that commercial payer rates and administrative burdens are a major problem, and that Medicaid and Medicare rates remain below cost even with UPL support. She also said hospitals are the backbone of community care, provide emergency and public health functions, and are looking for ways to invest in technology and telehealth but often lack the revenue to do so. Members pressed for clearer data on hospital finances, reimbursement adequacy, and the impact of commercial insurers. Tritt said the association had just authorized a statewide survey to gather updated financial information from hospitals, which she said would take about a year to complete. She also explained that Medicaid pays weekly, Medicare and commercial plans can involve delays and denials, and that hospitals often spend significant resources on revenue cycle work. The discussion ended with a brief update on assisted living reimbursement: DHS said one facility, The Pillars of the Community in Crossett, had announced closure, nine Living Choices waiver clients were being transitioned, and the updated rate study would be available after cost reports are collected, likely before the end of the fiscal year. The meeting then adjourned.

Transcript Highlights:

• . >> Um, today, the Government Structure Committee meeting is not going to be meeting, so we'll open
• Government Structure will not meet today. Appropriations meets at 1:30 p.m. in room 216.
• Government Structure will not meet today. Appropriations meets at 1:30 p.m. in room 216.
• Government<00:26:16.400> Structure<00:26:16.880> will<00:26:17.120> not<00:26:17.360
• > meet Government Structure will not meet Government Structure will not meet today.<00:26:17.960

Keywords: MS Senate Floor - 3 March, 2026; 10:00 AM, 925, all

Summary: The Senate convened with a quorum present, opened with an invocation by Reverend Vincent Russell of Greater Fairview Baptist Church, and then dispensed with the reading of the journal, committee reports, and bill titles. The bulk of the meeting consisted of introductions and recognitions of guests in the galleries, including representatives of the Red Cross, Omega Psi Phi members, local chamber of commerce and county officials, a Jackson Municipal Airport Authority representative, a doctor of the day, junior pages, and several Jackson State University Day at the Capitol guests and administrators. Members also made a series of announcements about committee meetings and Capitol events. These included meetings for Finance, Appropriations, Energy, Judiciary A and B, Public Health and Welfare, Public Property, Veterans and Military Affairs, Economic and Workforce Development, Universities and Colleges, Local and Private, and others. Announcements also highlighted special events such as William Carey University Capital Day, Jackson State University Day at the Capitol, the Mississippi Songwriters and Hall of Fame luncheon, the Mississippi Forestry Commission's 100-year celebration, and choir performances by New Albany High School and Newton County High School. No substantive floor debate or votes on legislation were recorded in the transcript beyond procedural motions. The Senate agreed to recess, first until 4:00 p.m. and later until 8:00 p.m. or until the last committee report was filed, with the journal to reflect adjournment until 10:00 a.m. the next morning. Members also requested that the Senate adjourn in memory of Brigadier General George Cronia and James Jefferson.

Transcript Highlights:

• So the structure of that is two years, Mr.
• Chair, one of those things would be to ensure that the structure that is built is following what this
• appreciate that this includes all the way from single-family housing areas all the way to maybe some structures
• In a single-family housing area where a home is blighted, you can walk into the structure and see what's
• wrong with the structure, but you don't know what's going on below the structure.

Keywords: 996, all

Transcript Highlights:

• This bill, in effect, is supporting a structural and cultural shift in schools.
• As we move forward with this bill, it will be essential that this structure is created and supported
• As we move forward with this bill, it will be essential that this structure is created and supported
• The network is ready to partner with PED, and the use of its regional hub structure can ensure that teachers
• The network is ready to partner with PED, and the use of its regional hub structure can ensure that teachers

Bills: SB29, SB64

Keywords: SB29, math requirements for teaching license, teacher licensure, teacher endorsement, mathematics methods, elementary education, secondary education, special education, early childhood education, reciprocity, Public Education Department, Mathematics and Science Education Act, mathematics instructional leadership framework, professional learning plan, K-3 screening, mathematics screening assessment, mathematics difficulty, support plan, multilevel support, intervention

Transcript Highlights:

• And you'll recall that we've had a structural deficit in the out years, the planning years, of $2.4 billion
• And you'll recall that we've had a structural deficit in the out years, the planning years, of $2.4 billion
• Is that still, or the structural imbalance?
• The structural imbalance, namely how much more you're taking in in the biennium than you're taking.
• And again, structural imbalance is natural last time because you're spending more than you're taking

Keywords: 1187, senate, all

Transcript Highlights:

• Um, and also I wanted to mention the structure of how they invest is completely different, um, because
• You know, there were um there was legislation to change some things regarding Paris structure including
• Whole structure that, in the tears, and that came later on.
• uses and PERA, but remember we're we're dealing with two completely Different types of funding structures
• But if we don't understand the original structure, that conversation becomes difficult.

Transcript Highlights:

• bill does is it replaces that layer of funding, that billion dollars, with a guaranteed financing structure
• HB 33689 is an important investment towards improving the funding structure and sustainability of TUIA
• Their funding structure, as you're well aware, has been a subject of much discussion to try to find some
• way to find a more sustainable, viable funding structure for for TUA.
• There's a lot of different ways to structure these programs. Oklahoma just did one last year.

Transcript Highlights:

• RIA serves as a key part of putting together comprehensive public-private structures to enable tens of
• This structure allows a tax exemption just for RA owned properties, including the transmission lines
• and related structures, not the wind farms that use the transmission.
• Is unconstitutional, then so too is the IRB structure, as noted in tax and res analysis.
• The reason why we have a structure like this right now is because we won't have a distribution account