Video & Transcript Research : 'State Board of Investment'
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MN
Transcript Highlights:
- I am vice president of fixed income for the State Board of Investment. >> Okay.
- /c> state board of investment with the state board of investment with the flexibility<00:26:38.880>
in <00:46:35.599>general the state board of investment in general the state board of investment- You heard it from the State Board of Investment.
- You heard it from the State Board of Investment.
Bills:
HF3900
Keywords:
permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund
AZ
Transcript Highlights:
- Senate Bill 1042 allows members of the state treasurer or a state retirement system to invest in virtual
- sense to me overall I'm wary of having our state get involved with Overall, I'm wary of having our state
- You have the State of Arizona owning some of these properties. You have probate.
- You have state of Arizona own some of these properties. You have probate.
- the state workers of Arizona on.
Keywords:
public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien
Summary:
The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes.
The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS.
Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.”
Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
MN
Transcript Highlights:
- patrols um portion of the half the state patrols um portion of the half that<00:04:32.800>
they - take care of our state workers.
- take care of our state workers.
- It's important to people in the state of Minnesota, so thank you all.
- take care of our state workers.
Keywords:
pension, retirement, omnibus pension, MSRS, PERA, TRA, public employees retirement, state employees retirement, correctional employees, police and fire retirement, State Patrol retirement, teachers retirement, firefighter relief association, volunteer firefighter, state aid, postretirement adjustment, COLA, annuity, disability benefit, duty disability
MN
Minnesota 2025-2026 Regular Session
House Rules and Legislative Administration Committee 4/15/26
Rules and Legislative Administration
Transcript Highlights:
- I have on my list Andrew Krattch, the deputy director of the Minnesota State Board of Investment.
- I'm a deputy director with the State Board of Investment, and I was also a member of the Permanent School
- At that point, the State Board of Investment becomes involved.
- At that point, the State Board of Investment becomes involved.
- Board of Investment.
Keywords:
permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund
LA
Keywords:
education, investment, workforce development, TOPS, higher education, repayment, scholarships, academic eligibility, financial aid, athletics, high school sports, state report, student wellness, computer science, scholarship, curriculum requirements, workforce training, education funding, data administration, financial assistance
OK
Transcript Highlights:
- the rest of the state here in this building.
- Of that program for improving health, reducing tobacco use in the state of Oklahoma.
- Opportunity for the folks of the state of Oklahoma to say yes.
- I have a good friend who serves on the investment board.
- education, and we've talked about different ways to make up that state board of education.
Keywords:
State Board of Education, Oklahoma education board, board appointments, school governance, education reform, governor appointments, legislative appointments, speaker of the house, president pro tempore, senate confirmation, board vacancies, removal for cause, public education, state superintendent, school board training, board member qualifications, emergency clause, Oklahoma statutes 70 O.S. 3-101, school funding, transparency
TX
Transcript Highlights:
- Board of Education is required to do, as the state is taking on kind of overseeing all of their curriculum
- Indicating that TEA was supposed to staff the State Board of Education.
- I've heard from a number of State Board of Education members that support this.
- our State Board of Education members could handle this.
- And I think the bigger point of all of this is, and I have seen this with our State Board of Education
Keywords:
fetal development, health curriculum, public schools, middle school health education, grade 7, grade 8, State Board of Education, school health advisory council, Texas Education Code, pregnancy, reproductive health, infertility, birth defects, prenatal development, unborn child, trimester, medically accurate instruction, age-appropriate instruction, drug and alcohol effects, lead exposure
AL
Transcript Highlights:
- So, of course, she came and got him. So, of course, she came and got him.
- This bill is brought on behalf of the state board of chiropractic examiners.
- This bill also modernizes state law to reflect changes to national board policy that occurred over 28
- the requirements of state licensure.
- Um, and again, they relate mostly to labeling, testing of the product, and also to give the board greater
Bills:
SB191, HB84, HB79, SB132, HB108, HB109, HB110, HB114, HB118, HB120, HB122, HB124, HB126, HB128, HB129, HB131
Keywords:
postpartum depression, mental health, Medicaid, screening, education, maternal health, Chiropractic, Board of Chiropractic Examiners, license renewal, continuing education, election procedures, off-label, pharmacists, medical treatment, state board of pharmacy, employment protection, SB132, Alabama, controlled substances, Schedule I
WY
Transcript Highlights:
- It's not expected out of the state.
- there in schools, most of them that were built before the state took over.
- not it's not expected out of the state. not it's not expected out of the state.
- I think you've saved the state lots of money.
- You've done a state lots of money.
Keywords:
HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility
WY
Keywords:
HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources Apr 14th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- Senator Yak, you are recognized to present the nomination of Marla Tharpe for the board of trustees of
- It is my honor again to present Miss Marla Tharpe as for your consideration as a member of the Board
- What are some of the biggest challenges you've faced as a board?
- Right, the vote will now occur in the nomination of Marla Thharpe for the board of trustees of the teacher's
- It is in 2021, 80% of key ESG resolutions came from publicly managed state pensions.
Keywords:
government reporting, information technology, child welfare, environmental policy, state agency compliance, employment restrictions, state officers, prohibited acts, government contracts, public service, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty
AL
Alabama 2025 Regular Session
Alabama House Boards, Agencies and Commissions Committee Feb 12th, 2025
Boards, Agencies and Commissions
Transcript Highlights:
- Y'all know that some of these boards I wanted y'all to have more time, and some of the bills needed to
- It has made a mockery of the legislative process in our state, and finally, it has made a mockery of
- the citizens of the state of Alabama.
- It is my pleasure and my honor to present HB125, which is the sunset law on the Alabama State Board of
- The Alabama State Board of Veterinary Medical Examiners will be continued without modification until.
Keywords:
U.S. Space and Rocket Center, Alabama Space Science Exhibit Commission, public facilities, space exploration, education programs, bond issuance, Governor involvement, HB110, sunset bill, Alabama Sunset Law, State Board of Medical Examiners, Medical Licensure Commission, medical licensing, physician regulation, healthcare regulation, professional licensing, ethics law, state ethics code, public servants, board members
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation Education Committee Feb 25th, 2026
Finance and Taxation Education
Transcript Highlights:
- It was recognized in the state of<00:15:26.959>
the <00:15:27.199>state <00:15:28.560> of course new to the state. Excuse me. of course new to the state. Excuse me.- state that the government make of the state that the government make cuz<00:15:30.079>
she's <00- in place running it. a in terms of in place running it. a in terms of a<00:22:54.000>
board <00 - state that the government make of the state that the government make cuz<00:15:30.079>
- A lot of times in state we measuring?"
Bills:
HB178, HB124, HB96, HB250, SB289, SB317, HB359, HB178, HB124, HB96, HB250, SB289, SB317, HB359
Keywords:
HB178, Ten Commandments, public schools, K-12 education, Alabama, school display, religious display, Bible, Judeo-Christian, Establishment Clause, church-state separation, religion in schools, founding documents, Mayflower Compact, Declaration of Independence, U.S. Constitution, Northwest Ordinance, social studies, civics, history curriculum
AZ
Transcript Highlights:
- a very specific program for one specific area of the state.
- of homeless services in the state.
- of Washington, the state of Arizona, the state of Louisiana, looking at New Orleans, the state of California
- we could apply for the rest of the state.
- That's 34% of their state, including rural communities.
Keywords:
brackish water, groundwater, desalination, water resources, feasibility study, environmental impact, dementia care, telementoring, healthcare education, rural communities, grant funding, braille, disability access, education funding, state corrections, inclusion, produce incentive, agriculture, economic support, funding
Summary:
The Appropriations Committee met on January 28 and heard several bills, beginning with member and staff introductions and a reminder about amendment deadlines. HB 2056 would appropriate $100,000 to the Arizona Department of Water Resources for a feasibility study of brackish groundwater desalination sites; the sponsor said Arizona should explore potential water supplies amid Colorado River concerns. A witness opposed the bill, and members debated whether brackish groundwater should be treated as a resource or a threat to aquifers. The committee approved HB 2056 on an 11-6 vote, with one member not voting.
The committee then considered HB 2798, as amended, which would provide $100,000 to the University of Arizona/Arizona Geological Survey to compile data on materials related to nuclear energy, including thorium and other non-uranium fuels. The sponsor framed the bill as an economic development and national security effort, while opponents questioned whether Arizona has enough of the material to justify public spending. The University of Arizona supported the work as within the Geological Survey’s mission. The committee adopted the amendment and passed the bill 11-5, with one member present and one not voting.
HB 2303 would codify investment rules for the State Treasurer, requiring safety and principal preservation ahead of return and prohibiting speculative investments and insider-benefit conduct. The Treasurer’s Office said the bill reflects current policy and ethics rules already in place, and members asked about how “speculative” would be defined and whether the bill would affect other investment-related statutes. The committee passed the bill 15-0, with two members present and one not voting. HB 2344 would require the Treasurer to manage the local government investment pool and allow a third-party backup only in emergencies; the Treasurer’s Office argued this preserves a low-cost, high-liquidity service for local governments, while some members questioned whether it limited future Treasurers’ discretion. The committee passed HB 2344 12-2, with three present and one not voting.
Later, the committee heard HB 2759, which would appropriate $500,000 to the Department of Veterans’ Services to partner with an educational institution in Yavapai County for veteran programs. A retired Navy SEAL and campus veterans coordinator described emergency housing, equipment, and professional-development needs for student veterans at Embry-Riddle, while several members supported the effort and others objected to using state funds for a private institution or a county-specific program. The bill passed 11-6, with one not voting. The committee also passed HB 2207, appropriating $300,000 for the prison Braille transcription program, after testimony that the program trains inmates in a skilled trade and has had no recidivism among released participants; it passed 17-0, with one not voting. Finally, HB 2224, as amended to reduce the appropriation from $2 million to $1 million, would fund the Double Up Food Bucks produce incentive program through SNAP. Supporters said it helps families, farmers, and local economies and can improve health outcomes, while members discussed budget constraints; the committee approved the amended bill after testimony from program advocates and farmers.
AZ
Transcript Highlights:
- As that investment fund was winding down at the end, they were giving shares of a building, of that final
- We go through the Board of Equalization. The Board of Equalization agrees with us.
- We are winning at the State Board of Equalization, and then we're back there again the next year.
- succeed at the State Board of Equalization, then you get to keep that for the remaining three years,
- State Board of Equalization.
Keywords:
income tax, conformity, Arizona Revised Statutes, taxpayer, federal regulations, firefighters, occupational disease, workers compensation, cancer presumption, police officers, hazardous duty, SB1270, Arizona retirement system, public safety personnel, defined contribution plan, correctional officers, corrections officers, retirement contributions, supplemental contributions, retention incentive
Summary:
The Senate Finance Committee approved the January 26, 2026 minutes and then heard several bills dealing with tax, retirement, and property assessment issues. SB 1215, as amended, was described as a technical “comma bill” that reorganizes the list of firefighter cancer conditions presumed work-related and removes mistakenly included peace officer language; it passed 6-1. SB 1180 would codify Arizona Department of Revenue’s practice of assuming federal conformity for above-the-line income tax items when preparing forms, with supplemental instructions if the legislature later acts differently; it passed 7-0 after discussion about whether it would affect executive-ordered changes. SCR 1028, a voter-referral measure to narrow the statutory exception allowing agencies to set certain fees and assessments without a two-thirds vote, drew sharp debate over majority rule versus limits on delegated fee authority and passed 4-3.
The committee also advanced SB 1292, which clarifies that the Public Safety Personnel Retirement System’s 5% ownership cap applies only to publicly traded corporations; PSPRS said the change would avoid compliance problems and unnecessary costs, and it passed 7-0. SB 1294, restoring county assessors’ authority to prorate property values for property destroyed in any manner while preserving a five-year classification benefit only for property destroyed by verifiable accident, passed 6-1. SB 1430, the annual tax corrections act, passed unanimously after DOR said it mainly removes redundant language, fixes a cross-reference, and codifies current practice.
The committee then considered SB 1270, which would let CORP employers make optional supplemental retirement contributions of up to $5,000 to Tier 3 correctional officers and related employees at specified service intervals. Supporters from the FOP said it is a flexible retention tool for hard-to-staff correctional jobs, while some members worried it could add costs for counties and not solve the underlying retention problem; it passed 6-1. Finally, SB 1290, which requires advance notice and inspection reports for certain property inspections and bars repeat agricultural inspections for three years, drew strong support from farm groups and strong opposition from county assessors, who argued it would create costs, limit their ability to verify new construction, and interfere with annual valuation duties. The bill passed 4-2 with one member not voting, and the committee adjourned.
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 28th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Transcript Highlights:
- third in the state with an impressive team grade point average of 3.906.
- House Bill 3919 allows for the reduction of members on the board of directors from 9 down to 5 for the
- This is the state intending to offer evidence of instances.
- We are saying that we do not want any consideration of ethics when it comes to these types of investments
- So, in terms of following these issues, and seeing how we can perfect policy for the state of Oklahoma
Bills:
HB2894, HB3418, HB3415, HB3413, HB3414, HB3416, HB3417, HB3419, HB3420, HB1739, HB1752, HB1979, HB2941, HB2992, HB3075, HB3086, HB3177, HB3269, HB3278, HB3279, HB3497, HB3644, HB4432, HB3720, HB3849, HB3882, HB3919, HB3941, HB4118, HB4141, HB4268, HB4342, HB4428, HB4429, HB4434
Keywords:
HB2894, Oklahoma Rural Jobs Act, rural jobs, rural investment, tax credit, capital investment tax credit, state tax credits, economic development, rural fund, rural investor, qualified investment, eligible business, Department of Commerce, rural business, investment certification, tax liability, credit cap, workforce development, small business finance, rural development
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 28th, 2026 at 09:00 am
Oklahoma Senate Floor Meeting
Transcript Highlights:
- To the Oklahoma State Bureau of Investigation Commission.
- the board of regents of the University of Oklahoma for a seven-year term ending March 1, 2033.
- So this applies to all of our state law enforcement.
- House Bill 3086 requires the Department of Corrections director To keep the state board of corrections
- a database that's paid for by the state of Oklahoma.
Bills:
HB2894, HB3418, HB3415, HB3413, HB3414, HB3416, HB3417, HB3419, HB3420, HB1739, HB1752, HB1979, HB2941, HB2992, HB3075, HB3086, HB3177, HB3269, HB3278, HB3279, HB3497, HB3644, HB4432, HB3720, HB3849, HB3882, HB3919, HB3941, HB4118, HB4141, HB4268, HB4342, HB4428, HB4429, HB4434
Keywords:
HB2894, Oklahoma Rural Jobs Act, rural jobs, rural investment, tax credit, capital investment tax credit, state tax credits, economic development, rural fund, rural investor, qualified investment, eligible business, Department of Commerce, rural business, investment certification, tax liability, credit cap, workforce development, small business finance, rural development
MN
Minnesota 2025-2026 Regular Session
House Elections Finance and Government Operations Committee 3/25/26
Elections Finance and Government Operations
Transcript Highlights:
- which the state of Minnesota grants. which the state of Minnesota grants.
- can amend the Constitution of the United States of America.
- the Secretary of State. the Secretary of State. >> Um,<01:18:01.120>
okay. - the Secretary of State.
- not<01:19:05.840>
offer of states uh 18 states that do not offer of states uh 18 states that
Bills:
HF4348, HF4186, HF4202, HF4455, HF3884, HF3883, HF3882, HF3881, HF2688, HF3295, HF3862, HF3362, HF4242, HF3798
Keywords:
HF4186, Minnesota local government finance, housing and redevelopment authority, HRA, public investment authority, qualifying government, State Board of Investment, SBI, index mutual fund, multifamily housing development, long-term equity investment, investment-grade fixed income, federally insured securities, government-sponsored entities, municipal investing, local government investments, housing finance, public funds, investment policy, risk of loss
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 31st, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- I serve as a member of the Board of Trustees of the San Antonio Fire and Police Retiree Health Care Fund
- On the Fund, investments are also approved by the Board.
- , including the Board of Directors for the Fund, the City of San Antonio, the San Antonio Professional
- They're just moving in and out of states committing these crimes.
- To improve the consistency and predictability of investment practices and performance of our evaluation
Keywords:
gift card fraud, counterfeit gift card, gift card tampering, gift card theft, prepaid card, stored value card, retail fraud, financial crimes, consumer protection, organized retail crime, gift card skimming, magnetic stripe, chip card, redemption information, gift card packaging, Penal Code, felony theft, state jail felony, third-degree felony, second-degree felony
AL
Alabama 2025 Regular Session
Alabama House Boards, Agencies and Commissions Committee Feb 5th, 2025
Boards, Agencies and Commissions
Transcript Highlights:
- We appreciate your attendance, and we do consider these boards very important to the state of Alabama
- But it's the Alabama State Board of Athletic Trainers.
- It's the Alabama State Board of Athletic Trainers, and you don't have anyone going south.
- These boards should represent all areas of the state. It shouldn't just be...
- Okay, uh, it's the State Board... Okay, uh, it’s the State Board of Chiropractor Examiners.
Bills:
HB25, HB108, HB109, HB111, HB112, HB113, HB117, HB118, HB119, HB120, HB121, HB122, HB124, HB126, HB127, HB128, HB129, HB130, HB131, HB25
Keywords:
emergency services, 911, local districts, joint operations, contracting, HB108, Alabama Sunset Law, sunset reauthorization, board continuation, speech-language pathology, audiology, licensing board, professional regulation, healthcare regulation, occupational licensing, speech therapist, speech pathologist, audiologist, Sunset Committee, Code of Alabama 1975