Video & Transcript Research : 'catastrophe fund'
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AL
Alabama 2025 Regular Session
Alabama House Fiscal Responsibility Committee Feb 19th, 2025
Fiscal Responsibility
Transcript Highlights:
- I think the retirement system is like 68% funded now.
- But that funding will drop a little bit.
- Over that period, they weren't funded to RSA.
- Of course, when things went south in 2008 and 2010, the funding liability represented...
- The funding liability represented...
Keywords:
athlete agents, commission, state regulation, Alabama, higher education, athletics, membership diversity, catastrophe savings account, catastrophe fund, storm savings, disaster savings, hurricane, windstorm, floodwaters, hail, tornado, property insurance, homeowners insurance, insurance deductible, FORTIFIED
AL
Alabama 2025 Regular Session
Alabama House Fiscal Responsibility Committee Mar 19th, 2025
Fiscal Responsibility
Transcript Highlights:
- The funding for the... ...agency. The funding for the organization is around $600,000.
- out there that are getting funded, then we have real money.
- There's no need to fund that program anymore.
- We looked at performance-based funding models and a myriad of other factors.
- How do we compare to other states that do the same thing, like on a general fund?
Keywords:
business regulation, nonprofit entities, electronic filing, merger agreements, limited liability companies, partnerships, property transfer, termination fees, HB140, private sewer systems, wastewater utilities, Public Service Commission, PSC jurisdiction, utility regulation, rate setting, rate consolidation, affiliated systems, common ownership, private utilities, sewer rates
FL
Florida 2026 Regular Session
Governmental Oversight and Accountability Jan 20th, 2026
Governmental Oversight and Accountability
Keywords:
mental health, first responders, employment benefits, 911 telecommunicators, nervous injuries, retirement, elected officials, Deferred Retirement Option Program, DROP, cost-of-living adjustment, trade secret, public records exemption, public meetings exemption, open government, sunset review, agency confidentiality, proprietary business information, proprietary confidential business information, confidential records, Florida public records law
Summary:
The Committee on Governmental Oversight and Accountability met and first heard Senate Bill 774, which would extend workers’ compensation medical benefits for employment-related mental or nervous injuries to 911 public safety telecommunicators, even without a physical injury. The sponsor and several dispatchers, a clinician, and communications directors testified in support, describing repeated exposure to traumatic calls, chronic understaffing, and the need for mental health treatment and retention support. Senator DiCeglie and Chair Mayfield praised dispatchers’ work, and the bill was reported favorably by committee vote, with Senator McClain later recorded as voting yes on the bill.
The committee then took up SPB 7028, a retirement bill that sets Florida Retirement System employer contribution rates beginning July 1, 2026, leaves the 3% employee contribution unchanged, allows certain elected officers to receive a DROP payout under specified conditions, and provides a 1.5% alternative cost-of-living adjustment for eligible special risk retirees. Firefighters, police, sheriffs, and chiefs’ groups spoke in support, emphasizing recruitment and retention. The committee voted to submit the proposal as a committee bill and reported it favorably.
Finally, the committee considered SPB 7024 and SPB 7026, both open-government-related bills. SPB 7024 would repeal the current public records and public meeting exemption for cybersecurity information and consolidate agency-specific cybersecurity exemptions into one agency-wide exemption. SPB 7026 would repeal the current public records exemption for trade secrets held by an agency and similarly consolidate specific trade secret exemptions into one agency-wide exemption. Neither bill drew testimony or debate, and both were submitted as committee bills and reported favorably. The meeting then adjourned.
AL
Transcript Highlights:
- What this does, it deals with catastrophic savings accounts.
- What this does, it deals with catastrophic savings accounts.
- What this does, it deals with catastrophic savings accounts.
Keywords:
contraceptive rights, healthcare access, civil action, Attorney General, contraception enforcement, prostate cancer, health insurance, screening, high risk, cost-sharing, African American men, savings accounts, catastrophe, emergency funds, financial security, state laws, criminal justice, parole, Board of Pardons and Paroles, risk assessment
TX
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
TX
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part I) Apr 8th, 2025
Business & Commerce
Transcript Highlights:
- The Texas Construction Trust Fund Act should be extended to protect the 10% reserve funds as well.
- It then references those funds in Chapter 162 of the Property Code, also known as the trust funds.
- Retainage funds are still under control—funds that are in fact required to be reserved but cannot be
- I'm here in favor of Senate Bill 1612, to include reserve funds in the Trust Fund Act.
- If these project earned reserve funds are classified as trust funds, however, as the other project funds
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part II) Apr 8th, 2025
Business & Commerce
Transcript Highlights:
- This is a bill that changes TWIA's funding structure to a... a dynamic funding structure, and it is not
- Senate Bill 2571 seeks to reform TWIA's funding sources by creating a dynamic funding model.
- were put in the funding structure under Senate Bill 900 in 2015.
- Stacking of the funding dynamic funding model. Questions of the author? All right.
- I think we all agree that there are current funding issues.
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
AL
Transcript Highlights:
- [Second] I would like the record to reflect that I voted for this bill before he was the General Fund
Keywords:
jury duty, nursing mothers, exemption, legal rights, parental responsibilities, sexual extortion, criminal law, felony, threat, blackmail, firearm possession, domestic violence, violent offenses, criminal penalties, pretrial detention, bail, offenses, constitutional amendment, criminal justice, law enforcement
OK
Oklahoma 2026 Regular Session
Business and Insurance 2ND REVISED Apr 16th, 2026 at 09:30 am
Business and Insurance
Bills:
HB2933, HB3041, HB3048, HB3081, HB3297, HB3338, HB3673, HB3790, HB3983, HB4105, HB4139, HB4203, HJR1023
Keywords:
insurance regulation, homeowner claims, premium discounts, catastrophe mitigation, civil penalties, credit card transactions, payment methods, service charge, consumer rights, financial regulation, insurance, nonadmitted insurers, surplus lines, Oklahoma, fire extinguisher, licensing, public safety, age qualification, State Fire Marshal, towing services
OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism Apr 7th, 2026 at 01:30 pm
Economic Development, Workforce and Tourism
Transcript Highlights:
- House Bill 3622 creates the census revolving fund.
- My understanding is that there is an allotment of dollars that's set aside to fund policy that is Seeing
- My understanding is that there is an allotment of dollars that's set aside to fund policy that is Fricks
Bills:
HB3622
Keywords:
HB3622, 2030 Census, Decennial Census, U.S. Decennial Census Revolving Fund, Oklahoma Department of Commerce, Commerce Department, census preparation, federal census, state treasury fund, revolving fund, continuing fund, deemed appropriated, technology upgrades, census outreach, redistricting, population count, Title 74, OMES, State Treasurer, budgeting
AL
Transcript Highlights:
- going to be laid off. ... 500 clerks are going to be laid off the following year because of lack of funds
Keywords:
criminal procedure, split sentencing, probation, Class A felony, Class B felony, minimum confinement, speedy trial, visiting judge, court administration, violent crimes, Alabama Supreme Court, employment, criminal record, certificate of employability, occupational licensing, negligent hiring, rehabilitation, limited relief, tribal police, law enforcement
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Transportation Subcommittee Apr 6th, 2026 at 10:45 am
A&B Transportation Subcommittee
Transcript Highlights:
- This is just currently funding, so we're not decreasing their funding, we're not increasing the funding
- , we're leaving the funding exactly the same as it has been.
Bills:
SB1390
Keywords:
gross production tax, oil and gas, natural gas, casinghead gas, oil revenue, tax apportionment, revenue sharing, county highway fund, school funding, average daily attendance, general revenue fund, revenue stabilization fund, county bridge and road improvement, state transportation fund, preserving and advancing county transportation fund, education funding, higher education, student aid, tourism funding, conservation funding
MN
Transcript Highlights:
- funding in the future. funding in the future.
- . fund. fund.
- school fund task force. school fund task force.
- <00:54:36.079>
that <00:54:36.319>supports fund, which is a fund that supports fund, which - The permanent school trust fund is the students' trust fund.
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
Arizona 2026 Regular Session
03/03/2026 - Senate Appropriations, Transportation and Technology
Appropriations, Transportation and Technology
Transcript Highlights:
- course, you and I both know that the governor will veto any effort to try and take authority over these funds
- But, for example, under the federal funds, and I won't be long, sir, I promise, who's to say that we
- You think about Section 8 funding; they have their own formulas and they need to work it out for human
- 2999 House Bill 2993 appropriates $6.4 million from the Consumer Protection/Consumer Fraud Revolving Fund
- A part of that bill talks about additional emergency funding for the Department of Public Safety: $6.4
Keywords:
federal funding, state budget, appropriation, block grants, noncustodial funds, legislative authority, Arizona attorney general, Department of Public Safety, DPS, consumer fraud revolving fund, consumer protection fund, gang and immigration intelligence team enforcement mission fund, public safety appropriation, supplemental appropriation, outside counsel, state agency legal representation, legal services, state settlement proceeds, general fund, A.R.S. 41-192
Summary:
The Committee on Appropriations, Transportation and Technology heard a presentation on advanced air mobility, featuring video and remarks about new aircraft technologies, including drones and electric vertical takeoff and landing craft. The presentation emphasized potential uses such as medical delivery, rescue operations, passenger and cargo transport, quieter flight profiles, and the need for coordination among industry, government, NASA, the FAA, and other partners. Members also noted an upcoming display of a Pivotal aircraft on the Senate lawn.
The committee then considered House Bill 2148, which would grant the legislature authority to appropriate non-constitutional federal monies and require the legislature to specify the purposes for which those funds are spent, with a delayed effective date of January 1, 2027. Supporters described it as a transparency and separation-of-powers measure, while opponents argued it would interfere with existing federal funding structures and state programs. The bill received a do-pass recommendation on a 6-4 vote.
House Bill 2993 was also heard. It would appropriate $6.4 million from the Consumer Protection/Consumer Fraud Revolving Fund to the Department of Public Safety for FY 2026 and exempt DPS from the statutory restriction on employing legal counsel without approval. Testimony from the Arizona State Troopers Association supported the funding as an emergency need to avoid cuts to recruit classes, overtime, and patrol car purchases, but several members objected to combining the appropriation with the outside-counsel policy change. The committee approved the bill on a 6-4 do-pass vote. The meeting concluded with announcements about upcoming committee events and adjournment.
NM
New Mexico 2026 Regular Session
House - Agriculture, Acequias And Water Resources Feb 12th, 2026 at 09:04 am
House Agriculture, Acequias And Water Resources
Transcript Highlights:
- Works Construction Fund to the ASECIA and Community Ditch Infrastructure Fund, ACDIF, for short.
- The recurring funding stream to this fund currently is $2.5 million.
- Yes, if there was more funding available, it would be great to fund up to the $74 million.
- but are we just transferring money from another fund that would be used in that fund?
- The Irrigation Trust Fund, it's recurring allocations from the permanent fund.
Bills:
SB193
Keywords:
SB193, acequia, community ditch, irrigation works construction fund, water infrastructure, ditch infrastructure, irrigation, New Mexico water law, agricultural water, farmers, Rio Grande, acequia association, forest land protection revolving fund, state fund transfer, irrigation projects, 996, all
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Mar 19th, 2025
Finance and Taxation General Fund
Transcript Highlights:
- In general, who keeps track of how these funds are spent?
- You know, if these funds are for the office of the sheriff for law enforcement purposes, that's anything
- My bill says for my sheriff to be able to expand the use of funds from simply jail expenditures to...
Keywords:
Montgomery, retirement system, employees, constitutional amendment, city council, retired law enforcement, retirement benefits, employment, firemedics, salary cap, HB187, court fees, docket fee, sheriff's fund, sheriff's office, jail operations, law enforcement, county sheriff, court filing fees, Alabama Code 12-19-312
TX
Transcript Highlights:
- We call this the grow fund, which has otherwise been deposited in the Rainy Day Fund.
- The State Broadband Fund was funded in part from severance taxes a couple of years ago.
- Fund.
- I appreciate this fund, as I did the previous fund for Speaker Craddick.
- funds within two years.
Keywords:
Texas STRONG defense fund, severance tax revenue, oil and gas revenue, constitutional transfers, rainy day fund, economic stabilization fund, state highway fund, oil and gas production, qualifying county, county grants, water infrastructure, first responders, public safety, DPS staffing, commercial motor vehicle safety, gang violence prevention, human trafficking prevention, economic development, TxDOT grants, school districts
TX
Transcript Highlights:
- of state funds.
- the fund every biennium?
- We have a rainy day fund, and it's inevitable that at some point we will need to use that fund.
- we can only be 10% of a fund.
- fund already without it.
Keywords:
Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, HB 2054, Texas volunteer fire department assistance fund, Rural Volunteer Fire Department Assistance Program, volunteer fire departments, wildfire mitigation, wildland fire, rural fire protection, insurer assessment, insurance premium tax, state appropriations, firefighting grants, emergency services, high-risk wildfire areas, Texas Comptroller, Texas Government Code
AZ
Transcript Highlights:
- into that fund, we know what's been working and what hasn't and how we can better direct those funds
- The funding mechanism that would be specifically used here is the Clean Water State Revolving Fund.
- Funding to address these cesspools exists and is available via the Clean Water State Revolving Fund,
- It's $1 million from the State General Fund in fiscal year 2027 to the Colorado River Litigation Fund
- To that end, having the necessary funding to support a legal challenge will be crucial.
Keywords:
water conservation, grants, infrastructure, environmental protection, sustainability, cesspool remediation, cesspool replacement, forgivable principal, forgivable loan, wifa, water infrastructure finance authority, clean water revolving fund, drinking water revolving fund, wastewater infrastructure, on-site wastewater system, septic system, groundwater protection, public health, nonpoint source pollution, county water projects
Summary:
The Natural Resources Committee heard three bills, all of which received do pass recommendations. House Bill 2029 would require additional disclosure from applicants to the Water Conservation Grant Fund, including plans for how saved water will be used; an amendment broadened the disclosure requirement from only certain applicants to all eligible entities. WIFA testified neutral on the bill and amendment, noting it already collects much of the information. The amendment and the bill as amended both passed 8-0, with the sponsor indicating he may reoffer the amendment on the floor.
House Bill 2096 would authorize counties to seek WIFA financial assistance, including forgivable principal, to remediate, close, or replace cesspools that threaten water quality or public health, and would clarify county authority to accept such loans without voter approval. WIFA was neutral and said the bill resolves ambiguity in the statutes. Supporters from the County Supervisors Association and Gila County described widespread cesspool problems in rural counties, especially Gila County, where thousands of cesspools remain and flooding caused sewage contamination and major cleanup costs. The committee approved the bill 8-0.
House Bill 2116 would appropriate $1 million from the General Fund in FY 2027 to the Colorado River Litigation Fund. Supporters said the money is needed to prepare for possible legal challenges over Colorado River cuts, while several members emphasized they hope litigation will not be necessary and described the amount as a placeholder for future budget discussions. The bill passed 8-0 and was sent to Appropriations before the committee adjourned.