Video & Transcript Research : 'PBI account'
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LA
Transcript Highlights:
- So we used to fund them through the experience account.
- State Police has sunsetted that and moved into the PBI account that we are currently doing pre-funding
- When we originally talked about the PBI accounts at the multiple state systems, that was presumed to,
- or we all discussed, every 3 to 5 year funding for PBIs.
- experience account.
Bills:
SB8, SB10, SB11, SB12, SB13, SB14, SB16, SB17, SB18, SB20, SB21, SB22, SB416, SB455, SB456, SB477
Keywords:
Municipal Employees' Retirement System, Louisiana, participation, employer, retirement, SB 10, Act 222, Louisiana State Police Retirement System, state police retirement, retirement system funding, employer contributions, actuarial gains, amortization, Permanent Benefit Increase, PBI account, benefit increase reserve, supplemental permanent benefit increase, public retirement systems, state pension, pension funding
Summary:
The Retirement Committee met on April 29, 2026, established a quorum, and heard a series of retirement-related bills, mostly cleanup or technical measures affecting various public retirement systems. SB 22 would extend Municipal Employees Retirement System eligibility to certain positions in the Second City Court constable’s office in New Orleans. SB 17 would create a funding deposit account for cost-of-living adjustments for registrars of voters’ employees’ retirement system. SB 455 would allow certain district and parish courts to participate in the Parochial Employees Retirement System. SB 456 would update compensation rules for assigned retired judges, and SB 8 would add the Louisiana Asset Management Pool as a participating employer in MERS. All of these bills were described as aligning statutes with current practice or expanding participation options, and each was reported favorably without objection.
The committee also heard several Louisiana State Police retirement bills. SB 10 would repeal outdated priority allocation and retiree raise rules and adjust handling of surplus employee contributions; SB 11 would increase the funding cap for benefit increases from 2.5% to 3.5%; and SB 12 would update membership and definition language to reflect the State Police Commission rather than the Civil Service Commission. SB 18 would repeal a special exception allowing certain MERS retirees to return to part-time work while collecting full benefits, while protecting roughly 30 current participants. SB 20 and SB 21 would update actuarial gain/loss and unfunded liability funding rules for school employees’ retirement and LASERS, respectively, in light of the new permanent benefit increase funding structure. Each of these bills was supported by system officials as cleanup or modernization measures and was reported favorably.
The committee spent the most time on education and return-to-work issues for teachers and public employees. SB 16 would reduce annual trustee training requirements for retirement system boards from 16 hours back to 12 hours, which witnesses said would better fit smaller systems and match the original intent of the law. SB 13 would similarly update TRSL’s actuarial funding rules after the sunset of the experience account. SB 14, based on a 2025 study work group, would consolidate and simplify TRSL return-to-work rules and expand options for retired teachers, with witnesses emphasizing teacher shortages and the need to retain experienced educators. All three were reported favorably. Finally, SB 416 would allow certain Department of Public Safety and Corrections retirees to return to critical shortage positions after one year, and SB 477 would classify the chairman of the Louisiana Gaming Control Board as a full-time state employee for retirement purposes. Both bills drew questions and discussion, especially SB 416, and both were reported favorably. The chair announced the committee’s next meeting would be moved from Monday to Tuesday, and the meeting adjourned.
AL
Alabama 2025 Regular Session
Alabama Senate Children and Youth Health Committee Feb 27th, 2025
Children and Youth Health
Transcript Highlights:
- I did set up accounts for them, and not once did it ask me for an ID to prove... not once did it ask
- me for an ID to prove the account I set up with them because the parent is involved in identifying the
- a parent gets their teen a smartphone or device, the parent can go into their own Apple or Google account
Keywords:
internet filtering, child protection, obscene content, civil liability, manufacturers, app store, app store provider, app developer, mobile app, age verification, parental consent, minor safety, child online safety, parental controls, age gating, digital privacy, data protection, in-app purchases, online consumer protection, deceptive trade practice
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 11, 2026
Minerals, Business & Economic Development
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 11, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- that $5 million, which I said has not all been expended as far as I know, so there's a balancing account
AL
Alabama 2025 Regular Session
Alabama House Ways and Means Education Committee Feb 12th, 2025
Ways and Means Education
Transcript Highlights:
- This basically extends the sunset on the ABLE accounts.
- accounts.
- The purple represents sales taxes, which accounts for 24% of our budget.
- You'll probably see a drawdown of some of the savings accounts we talked about, the reserve fund.
- We set up an account that, once it gets to $100 million, retirees can use that money for a COLA.
LA
Transcript Highlights:
- Members, HB 1089 creates a care account, which is compensation allocated for reimbursable expense accounts
- A care account is a money market account that is used to hold special damages awards for future medical
- Is the account interest-bearing? It's a money market account. It is a money market account, so...
- Is the account interest-bearing? It's a money market account.
- We put it in that account.
Keywords:
carbon capture, damages, environmental liability, legal liability, site restoration, expert witness, expert testimony, witness fees, pecuniary interest, conflict of interest, civil procedure, evidence law, Louisiana evidence code, Louisiana civil litigation, expert report, discovery, pretrial disclosure, litigation transparency, settlement, damages award
Summary:
The committee first heard Senate Bill 476, which would add clearer warning language for garnishees responding to interrogatories and create a limited procedure for a new trial when a garnishee shows it never held property of, or owed money to, the judgment debtor. After brief questioning about how garnishment works, the bill was reported favorably without objection. The committee then took up Senate Bill 260 on youth athletics, which establishes required injury-mitigation training content for youth sports coaches, including emergency preparedness, concussions, heat injuries, overuse injuries, equipment, heart defects, and sudden cardiac effects. An amendment was adopted to remove language allowing the department to spend donated funds to purchase the courses, and the bill was reported as amended.
House Bill 79, which removes the damage threshold for carbon capture release, was also reported favorably after sponsor testimony that carbon capture should be treated like other industries and not receive a special liability cap. Senate Bill 424, clarifying service by mail, delivery, or electronic means by defining “counsel of record” as someone who actually represents a party, was reported favorably as well. Senate Bill 180, a constitutional amendment allowing the surviving spouse of a deceased disabled veteran to make a one-time transfer of an expanded property tax exemption to another qualifying property, received a ballot-language amendment and a 6.8A report, then was reported as amended.
The committee spent the most time on House Bill 1089, which creates “care accounts” for future medical damages in delictual actions. The sponsor and supporters said the bill would ensure future medical awards are actually used for medical care, function like a money market/HSA-style account, and potentially reduce costs; opponents raised concerns about the account being owned by the judgment debtor, possible reversion of unused funds to the wrong party, unclear mechanics for payment, and the impact on survivors of trafficking and sexual abuse who may need flexible, non-billing-code-based care. Several members suggested exclusions or clarifying amendments for med-mal, intentional torts, and sexual abuse victims, and the bill was reported favorably on a 6-1 vote after amendment.
Finally, House Bill 437 was taken up, which bars expert witnesses from having a pecuniary interest in the outcome of the case. An amendment excluding criminal traffic and juvenile proceedings was adopted, and members discussed that the bill would prohibit contingent-style expert fee arrangements while still allowing cross-examination about an expert’s prior testimony and payment history. The discussion emphasized that the rule would apply to both plaintiffs and defendants.
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 13, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- ours, and we're working with an agency that would completely digitalize our permitting and all our account
- ours, and we're working with an agency that would completely digitalize our permitting and all our account
- ours, and we're working with an agency that would completely digitalize our permitting and all our account
- permitting and all our account retention permitting and all our account retention so<00:02:24.879>
Keywords:
data privacy, government accountability, personal data, data retention, resident rights, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 13, 2026
Minerals, Business & Economic Development
Keywords:
data privacy, government accountability, personal data, data retention, resident rights, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification
MN
Minnesota 2025 1st Special Session
House Agriculture Finance and Policy Committee 3/24/25
Agriculture Finance and Policy
Transcript Highlights:
- U.S. potash comes primarily from Canada, accounting for more than 80% of total imports since 2020.
Keywords:
HF1621, CelluComp, Minnesota Department of Agriculture, appropriation, grant, commercialization, fiber-based barrier packaging, packaging materials, PFAS, perfluoroalkyl substances, polyfluoroalkyl substances, plastic reduction, sustainable packaging, environmental health, materials innovation, bio-based packaging, food packaging, agriculture finance, one-time grant, state subsidy
AL
Alabama 2026 Regular Session
Alabama House Children and Senior Advocacy Committee Jan 21st, 2026
Children and Senior Advocacy
Keywords:
elder abuse, elder exploitation, financial exploitation, elderly person, senior abuse, probate, inheritance forfeiture, slayer statute, intestate succession, will contest, joint tenancy, right of survivorship, joint bank account, beneficiary designation, life insurance proceeds, estate law, Alabama probate law, vulnerable adults, senior advocacy, forfeiture of benefits
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 27, 2026
Minerals, Business & Economic Development
Keywords:
energy transmission, load growth, Wyoming energy authority, transmission planning study, public utilities, regional cooperation, energy, funding, grants, loans, coal, natural gas, mineral processing, economic development, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development Committee, February 27, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- as the 100% and a liquidity account as the 2% instead of it being one account.
- account is a specific type of money market<01:08:26.640>
account <01:08:27.279>that <01: - In the end, it a liquidity account.
- account up to the 2% of notional value. account up to the 2% of notional value.
- contributions into any of the accounts. contributions into any of the accounts.
Keywords:
energy transmission, load growth, Wyoming energy authority, transmission planning study, public utilities, regional cooperation, energy, funding, grants, loans, coal, natural gas, mineral processing, economic development, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 18, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- There's an administrative account.
- <00:02:28.560>
prior <00:02:28.959>to liquidity account prior to liquidity account - That's a called the trust account.
- I'm a certified public accountant, a chartered global management accountant, and I serve as both the
- It's creating quite a bit of accounting issue for the SBIs to account for this.
Keywords:
stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development Committee, February 18, 2026
Minerals, Business & Economic Development
Keywords:
stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services
MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2026-03-26
Commerce Finance and Policy
Transcript Highlights:
- account holders with all sorts of scams. account holders with all sorts of scams.
- Tess Rice, my testifier today account.
- Um, and for that open the account.
- protect them from uh, bank account protect them from uh, bank account fraud.<00:06:48.640>
I< - Can you talk to the accountable.
Keywords:
trusted contact, financial exploitation, elder abuse, elder financial abuse, fraud prevention, financial institution, banking, credit union, broker-dealer, account security, dormant account, consumer protection, scam, suspicious activity, protective services, law enforcement reporting, Minnesota Statutes chapter 45A, HF3388, Minnesota premium security plan, reinsurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/20/25
Commerce Finance and Policy
Transcript Highlights:
- <00:16:41.839>
and my savings to my checking account and my savings to my checking account - accounts.
- They're often set up as escrow accounts. Not every bank has an escrow account agreement.
- circumstances are escrow accounts. circumstances are escrow accounts.
- They're often set up as escro accounts. They're often set up as escro accounts.
Keywords:
consumer protection, restitution, attorney general, consumer enforcement, unclaimed funds, victim compensation, settlement funds, special revenue fund, general fund, restitution account, consumer fraud, state treasury, eligible consumers, distribution of funds, tax subtraction, income tax, refund, unpaid compensation, Minnesota Department of Revenue, consumer redress
WY
Wyoming 2026 Regular Session
House Agriculture, State and Public Lands & Water Resources Committee, February 24, 2026
Agriculture, State and Public Lands & Water Resources
Transcript Highlights:
- projects, this is our account two funds. projects, this is our account two funds.
- We need to do a transfer of account one funds over to account two to complete those projects.
- in projects related to the rehabilitation rehabilitation rehabilitation account. account. account.
- I'm account, say an existing ONM account, account, say an existing ONM account, now<00:28:56.640>
- account can be invested. account can be invested.
Keywords:
forest health, grant program, state forester, wildfire prevention, environmental conservation, habitat improvement, water development, feasibility studies, appropriations, water management, rehabilitation, irrigation, public works, agricultural supply, municipal water, funding, maintenance projects, tax assessments, state law, forestry management
WY
Wyoming 2026 Regular Session
Senate Agriculture, State and Public Lands & Water Resources Committee, February 24, 2026
Agriculture, State and Public Lands & Water Resources
Transcript Highlights:
- This bill would create an account detached from the emergency fire suppression account, keeping fire
- This bill would create an account detached from the emergency fire suppression account, keeping fire
- This bill would create an account detached from the emergency fire suppression account, keeping fire
- This bill would create an account.
- fire account detached from the emergency fire suppression<00:10:17.680>
account, <00:10:18.240
Keywords:
forest health, grant program, state forester, wildfire prevention, environmental conservation, habitat improvement, water development, feasibility studies, appropriations, water management, rehabilitation, irrigation, public works, agricultural supply, municipal water, funding, maintenance projects, tax assessments, state law, forestry management
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Transportation (1-29-24)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=NHieJIxk-34, 2026-06-21T07:17:06+00:00, 2.2.24, Data collected via generic collector engine, 0:00:09 Call to Order and Roll Call
0:01:15 Highway Construction Contingency Account
0:33:20 Governor’s Recommended Road Plan
1:09:48 Adjournment, 958, all, 2.2.42, 2.1.47
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Education Subcommittee Apr 6th, 2026 at 10:30 am
A&B Education Subcommittee
Transcript Highlights:
- networks and digital payment networks to the ways that you can add money to your college savings account
- Today, so I think we can account for that within.
Keywords:
mathematics, student assessment, dyscalculia, intervention services, educational funding, professional development, state department of education, school employees, teachers, support personnel, support employees, public schools, school districts, bereavement leave, paid leave, grief leave, family leave, miscarriage, pregnancy loss, maternity leave