Video & Transcript Research : 'construction industry'
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AL
Alabama 2026 1st Special Session
Alabama House Economic Development and Tourism Committee Mar 17th, 2026
Economic Development and Tourism
Transcript Highlights:
- still going to allow for sales and use tax and non-educational taxes to be abated during their construction
- /c><00:09:54.480>
their taxes to be abated during their taxes to be abated during their construction - 56.720>
But <00:09:56.959>once <00:09:57.360>that <00:09:58.080>um construction - But once that um construction period.
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 5/6/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- fee adjustments, which have especially strong support among construction industry stakeholders.
- construction industry stakeholders. construction industry stakeholders.
- The construction<00:58:32.079>
industry <00:58:32.480>faces <00:58:32.799>staggering - construction industry faces staggering construction industry faces staggering rates<00:58:33.599
- The construction industry is the backbone of a healthy economy, and a robust workforce is required to
Keywords:
workers' compensation, insurance programs, employee protection, Minnesota statutes, safety regulations, prevailing wage, certified payroll, payroll reporting, construction contracts, public works, project registration, labor standards, contractor compliance, subcontractor reporting, state government, Department of Administration, Commissioner of Labor and Industry, Metropolitan Council, highway construction, public construction
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/4/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- industry, so I took some courses and then was able to be hired by EMD Energy up in Duluth as a construction
- industry, so I took some courses and then was able to be hired by EMD Energy up in Duluth as a construction
- and it's great to hear other industry and it's great to hear other Industries<00:19:33.559>
uh - <00:19:41.039>
is um a and the retail food uh industry is um a and the retail food uh industry - <00:20:41.559>
provides careers that the industry provides careers that the industry provides
Keywords:
HF1439, Minnesota Grocers Association Foundation, Carts to Careers, workforce development fund, DEED, Department of Employment and Economic Development, grocery industry, food industry, food retail, retail workforce, job training, career pathways, scholarships, certifications, workforce pipeline, one-time appropriation, industry training, labor shortage, youth employment, apprenticeship
AZ
Arizona 2026 Regular Session
02/16/2026 - Senate Military Affairs and Border Security
Military Affairs and Border Security
Transcript Highlights:
- restructures the Military Affairs Commission membership by adding governor-appointed military defense and industry
- States are competing aggressively for new missions, new commands, and defense industry investment.
- or congressional experience, like dealing with the Department of Defense, two academic seats, two industry
- States are competing aggressively for new missions, new commands, and the defense industry investment
- If Arizona wants for competing aggressively for new missions, new commands, and the defense industry
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
Summary:
The committee first approved the February 9, 2026 minutes and then took up Senate Bill 1618, which would restructure the Military Affairs Commission by changing membership, adding defense and industry expertise, expanding advisory roles, requiring more frequent meetings, and directing the commission to focus on sustaining and attracting military missions and defense-related economic activity. After testimony in support from the Southwest Mission Acceleration Center and a DEMA representative, the committee adopted the Gowan amendment and gave SB 1618 a do-pass recommendation by a 6-1 vote.
The committee then heard Senate Bill 1047, the “Defend the Guard” bill, which would bar Arizona National Guard members from being sent into active-duty combat overseas unless Congress has declared war or otherwise expressly authorized the action. Supporters, including veterans and activists, argued it would restore constitutional limits and protect Guard members from unauthorized wars; opponents warned it could harm Guard readiness, federal funding, and the Guard’s role in state missions. After extended debate, the committee passed SB 1047 on a 4-3 vote.
Next, Senate Bill 1474 was heard, which would require state and local law enforcement to cooperate with federal immigration authorities, prohibit restrictions on such cooperation, and require sheriff’s offices to enter 287(g) agreements under the amendment. The bill drew strong opposition from clergy and community members who argued it would increase fear, racial profiling, and unfunded mandates, while supporters said it would improve cooperation and public safety. The committee adopted the amendment and gave SB 1474 a do-pass recommendation by a 4-3 vote.
The committee also considered Senate Bill 1620, which would revise the Arizona Space Commission by reducing governor appointments, adding the lieutenant governor as chair, and making legislative and executive leaders nonvoting advisory members. The sponsor said the changes would better align the commission with Arizona’s growing aerospace and space interests. The bill received a do-pass recommendation on a 5-1 vote. Finally, the committee began consideration of Senate Bill 1365, which would remove the income cap for the property tax exemption available to disabled veterans on their primary residence; discussion focused on the fairness of eliminating the cap, and the committee moved to adopt the strike-everything amendment before the transcript cuts off.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 23rd, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- trust funds for subcontractors and suppliers in construction projects.
- This bill protects the construction industry and promotes fair payment practices. and enforces accountability
- I'm a third-generation shrimper, and I've been involved in the Texas shrimping industry. ...shrimp industry
- The shrimping industry isn't just about seafood; it's about heritage.
- We just want what helps our industry.
Bills:
HB2226, HB2269, HB2343, HB2760, HB3621, HB4079, HB4204, HB4518, HB4531, HB4555, HB4850, HB4876, HB4903, HB4996, HB5122
Keywords:
construction trust funds, Property Code, Chapter 162, construction payments, mechanics lien, contractors, subcontractors, laborers, material suppliers, materialmen, real property improvement, assignment of payment rights, unpaid trust funds, trust fund beneficiaries, construction industry, payment protection, Texas construction law, property owners association, landscaping, grass maintenance
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 23rd, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- drive investment, and create taxable economic activity across Texas communities, especially in industries
- We have about 1.5 million Texans working in our industry.
- here today to talk about the monopoly that I believe Ticketmaster Live Nation has in the ticket industry
- There is a lot to be fixed in the ticketing industry, but this legislation does not do it.
- This would benefit everyone and promote innovation in our industry, meaning fans can choose where they
Bills:
HB2226, HB2269, HB2343, HB2760, HB3621, HB4079, HB4204, HB4518, HB4531, HB4555, HB4850, HB4876, HB4903, HB4996, HB5122
Keywords:
construction trust funds, Property Code, Chapter 162, construction payments, mechanics lien, contractors, subcontractors, laborers, material suppliers, materialmen, real property improvement, assignment of payment rights, unpaid trust funds, trust fund beneficiaries, construction industry, payment protection, Texas construction law, property owners association, landscaping, grass maintenance
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Economic Development & Workforce Investment (10-23-25)
Transcript Highlights:
- construction industry has a negative construction industry has a negative negative<01:03:59.119>
- Um, I think it was the classification of workers in the construction industry, and they met like three
- How does this affect the construction How does this affect the construction industry?
- <01:07:57.839>
industry <01:07:58.480>and workers in the construction industry and - But I can assure you it's not just the construction industry. It's all over the state.
Keywords:
Meeting Start: 00:00:04
Attendance Roll Call: 00:00:29
Approval of Minutes: 00:01:50
Kentucky Buy American Act: 00:02:08
Earn As You Learn: KY Building Trades Apprenticeship: 00:30:42
Worker Misclassification in the Construction Industry: 01:02:00
Investing in KY’s Future Workforce Through the Good Business Initiative: 01:20:44
Adjournment: 01:28:28, 958, all
Summary:
The committee met on October 23, 2025, approved the September minutes, and heard testimony on a proposed “Kentucky by America” procurement preference bill. Representative Patrick Flannery described the concept as giving preference in public construction and public works contracts to iron, steel, aluminum, and other manufactured goods made in the United States, while emphasizing he wanted to avoid excessive taxpayer costs and was open to changes. Chad Connley of the United Steelworkers and Dustin Reinsteller of the Kentucky State AFL-CIO supported the idea, arguing it would strengthen domestic manufacturing, keep tax dollars in the local economy, and support jobs; Connley said the bill would include waivers for items not made domestically and noted Kentucky has opted out of the GPA trade agreement. Mike Buckington of Metals Innovation Initiative, testifying virtually, also supported the concept and said Kentucky’s metals sector has seen significant investment and can supply most construction needs, while stressing supply-chain reliability and national security concerns.
Members generally expressed support but raised questions about implementation. Representative Branscum asked who would grant waivers and how contractors would know the rules during bidding; Flannery said he was open to revising the language and process. Representative Gentry supported the concept but said the bill would likely need editing to avoid harming businesses or markets. Senator Nun suggested aligning the bill’s definition of a U.S. good with industry country-of-origin standards to make compliance easier. Representative KC Carney asked for data on the impact of similar laws in other states, and Connley said he could provide numbers later but did not have them on hand. Senator Boswell supported the concept and asked about the cost threshold for waivers; Connley said the federal standard is a 25% cost increase, while the prior Kentucky version used 10%, and that the threshold is a key detail.
The committee then shifted to an informational presentation on building trade apprenticeships. Eric Elie of the Kentucky State Pipe Trades Association, Nick Brown of Plumbers and Pipefitters Local 502, and retired IBEW training director Steve Willinghurst explained how union apprenticeship programs work. Brown described earn-while-you-learn training, with apprentices placed on jobs by signatory contractors and attending classes two nights a week for five years. He outlined the work of plumbers, pipefitters, welders, and HVACR technicians, emphasizing that these trades support construction, industrial facilities, distilleries, and other critical infrastructure. No votes or formal actions were taken on the policy topics beyond approval of the prior minutes.
AL
Alabama 2026 1st Special Session
Alabama House Transportation, Utilities and Infrastructure Committee Mar 17th, 2026
Transportation, Utilities and Infrastructure
Transcript Highlights:
- <00:28:42.640>
has Too often, the solar industry has Too often, the solar industry has publicly - :51.360>
Alabama Energy Industries Association, Alabama Energy Industries Association, Alabama - An entire industry overnight.
- , operating or already under construction, operating or already under construction, you<00:41:12.960
- not already under construction. not already under construction. >> Okay. >> Okay.
Keywords:
HB542, district attorney, prosecutor, supernumerary district attorney, Employees' Retirement System, ERS, Alabama retirement, public employee retirement, pension, retirement benefits, post-retirement employment, salary cap, dual participation, double dipping, District Attorneys' Plan, assistant district attorney, deputy district attorney, state pension, survivor benefits, Office of Prosecution Services
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 15th, 2025 at 10:04 am
Trade, Workforce & Economic Development
Transcript Highlights:
- These updates were crafted with input from stakeholders across the construction industry, including ABC
- This is the case in construction. Are you talking about actually legislators?
- trying to attract major industry and commercial operations.
- In the construction industry, contracts often incorporate additional documents by reference, meaning
- Construction contracts often include multiple tiers of contractors.
Bills:
HB2963, HB3005, HB3287, HB3288, HB3289, HB3290, HB3344, HB3712, HB3862, HB3874, HB4196, HB4308, HB4901, HB4984
Keywords:
digital equipment, repair rights, manufacturers, maintenance, consumer rights, construction contracts, payment regulations, public works, dispute resolution, audit procedures, construction, trust funds, mechanic's lien, contractor, subcontractor, residential properties, disputes, payment obligations, accountability, payment disputes
Summary:
The committee heard testimony on HB 3862, which would restrict social media app use for minors and limit smartphone/social media access in classrooms. Supporters, including representatives from Champions for Childhood, argued that smartphones and social media are linked to addiction, distraction, cyberbullying, and worsening youth mental health, and said the bill would help parents and schools protect children. After testimony, the committee left HB 3862 pending.
Members then heard HB 3712, a construction retainage bill that would stop owners from withholding reserved funds on specially fabricated materials once they are delivered, approved, and warranted, while still allowing retainage for labor and installation. Witnesses from the precast concrete industry said current retainage practices delay payment for years and create financial risk for subcontractors and suppliers. The bill was left pending after closing. The committee also heard HB 2963, a right-to-repair bill requiring manufacturers to provide parts, tools, and information for owners and independent repair providers, with carve-outs for medical devices, vehicles covered by existing repair agreements, trade secrets, and security protections. Support came from consumer, environmental, repair, and policy groups, while one witness from Safelite was neutral and urged removal of the MOU reference for auto manufacturers. HB 2963 was left pending.
The committee also heard HB 4308, which would create county industrial development districts to attract industrial employers and finance infrastructure through local elections and a board structure. Supporters, including the Fort Bend County commissioner, said the bill would help counties diversify tax bases and create jobs; the bill was left pending. Later, the committee took up several pending bills and voted to report HB 74, HB 112, HB 2214, HB 3016, HB 3133, HB 3173, HB 3807, HB 4063, HB 4115, HB 5008, and HB 2652 favorably to the full House, with some sent to the Local and Consent Calendars. The committee also heard HB 3874 on construction contract transparency and HB 4196 on creating a task force to modernize manufacturing, both of which were left pending. Finally, the committee heard HB 3344, which would create a licensing and regulatory framework for re-roofing contractors; supporters said it would curb storm-chasing and protect homeowners, while one roofing contractor opposed it as too restrictive and argued existing fraud laws are sufficient. HB 3344 was also left pending.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 15th, 2025 at 10:04 am
Trade, Workforce & Economic Development
Transcript Highlights:
- These updates were crafted with input from stakeholders across the construction industry, including ABC
- In the construction industry, contracts often incorporate additional documents by reference, meaning
- Construction law is a very complicated issue, and I'm currently working with the industry stakeholders
- And we do provide a great service; the construction industry does.
- We do provide a great service; the construction industry does, to build our facilities, and we just like
Bills:
HB2963, HB3005, HB3287, HB3288, HB3289, HB3290, HB3344, HB3712, HB3862, HB3874, HB4196, HB4308, HB4901, HB4984
Keywords:
digital equipment, repair rights, manufacturers, maintenance, consumer rights, construction contracts, payment regulations, public works, dispute resolution, audit procedures, construction, trust funds, mechanic's lien, contractor, subcontractor, residential properties, disputes, payment obligations, accountability, payment disputes
Summary:
The committee heard testimony on several bills related to technology, construction, economic development, and consumer protection. HB 3862 would restrict minors’ access to certain social media apps and limit smartphone use in classrooms; supporters, including Champions for Childhood, argued that smartphones and social media contribute to addiction, distraction, depression, self-harm, and trafficking risks, and the bill was left pending. HB 3712 would change Texas retainage rules so owners could not withhold payment on specially fabricated construction materials once they are delivered, approved, and warranted; subcontractors and suppliers said current retainage practices delay payment for years and create financial risk, and the bill was left pending. HB 2963, the right-to-repair bill, would require manufacturers to provide parts, tools, and information for independent repair of digital devices, with exemptions for medical devices, vehicles under existing agreements, and trade-secret protections; consumer, environmental, business, and repair advocates supported it, while Safelite asked that automotive manufacturers not be excluded from the bill, and it was left pending. HB 4308 would create county industrial development districts to attract major employers and finance infrastructure through local elections and bonds; Fort Bend County supported it as a tool to add jobs and broaden the tax base, and it was left pending.
The committee also heard HB 3344, which would create a licensing system for re-roofing contractors, require insurance and bonding, and establish a public database and complaint process. Supporters said it would help curb storm chasers and protect homeowners after storms, while opponents argued it would add burdens on legitimate small roofers, duplicate existing fraud laws, and potentially restrict consumer choice and contractor pricing flexibility. After extensive testimony and questions, the bill was left pending. HB 4196 would create a task force on modernizing manufacturing through digital integration and automation; Schneider Electric and the Texas Workforce Commission supported it as a way to improve competitiveness and create skilled jobs, and it was left pending. HB 3874 would require contractors to receive copies of incorporated contract documents before signing if requested; subcontractors and construction attorneys said it would improve transparency and prevent parties from being bound by unseen terms, and it was left pending.
In pending business, the committee voted out several bills. HB 74, creating the Port Verde Port Authority District, was reported favorably to the full House without amendment. HB 112, relating to a science park in certain counties, was reported favorably as substituted. HB 2214, on floodplain notice requirements for leased dwellings, HB 3016, on rental vehicle damage waivers, HB 3133, on explicit deepfake material on social media, HB 3173, on workforce development program planning and evaluation, HB 3807, on child care waiting list priority for children of certain child care workers, HB 463, on unilateral memoranda of contract for residential property, HB 4115, on shareholder proposals to certain domestic corporations, and HB 5008, on use of the Skills Development Fund by certain entities, were all reported favorably, most without amendment and some as substituted. HB 2652, creating a certified caregiver pilot program in the Borderplex workforce area, was also reported favorably and sent to the Committee on Local and Consent Calendars.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 15th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- These updates were crafted with input from stakeholders across the construction industry, including ABC
- In the construction industry, contracts often incorporate additional documents by reference, meaning
- That's a lot of construction, and we think this bill will be good for the industry and good for the consumer
- Construction law is a very complicated issue, and I'm currently working with the industry stakeholders
- And we do provide a great service; the construction industry does build our facilities, and we just like
Bills:
HB2963, HB3005, HB3287, HB3288, HB3289, HB3290, HB3344, HB3712, HB3862, HB3874, HB4196, HB4308, HB4901, HB4984
Keywords:
digital equipment, repair rights, manufacturers, maintenance, consumer rights, construction contracts, payment regulations, public works, dispute resolution, audit procedures, construction, trust funds, mechanic's lien, contractor, subcontractor, residential properties, disputes, payment obligations, accountability, payment disputes
AL
Alabama 2026 1st Special Session
Alabama House Ports, Waterways and Intermodal Transit Committee Jan 14th, 2026
Ports, Waterways & Intermodal Transit
Keywords:
district attorneys, prosecutorial function, law enforcement, criminal procedure, legal advice, paternity, putative father registry, adoption, legal rights, parental rights, HB181, Alabama Building Renovation Finance Authority, bond authorization, state bonds, capital improvements, public buildings, State Capitol, renovation finance, public office facilities, infrastructure financing
TX
Transcript Highlights:
- So that is the statute that says billboards cannot be constructed along those roadways.
- With the exception of potentially construction engineering inspection, yes.
- We have almost $60 billion in active construction in the state of Texas.
- that supports thousands of jobs in manufacturing, construction, and transportation.
- The trucking industry will go out and they'll register the truck.
Bills:
HB2007, HB2863, HB2921, HB3331, HB3332, HJR144, HB3514, HB3528, HB3720, HB3751, HB3859, HB3947, HB4148, HB4346, HB4880, HB5603, HB4337
Keywords:
commercial signs, county approval, transportation code, regulations, road signage, vehicle title, revocation, hearing process, Transportation Code, county assessor-collector, confidentiality, personal information, local government, airport data, public records, vehicle regulation, transportation, steel industry, state fees, safety standards
AZ
Arizona 2026 Regular Session
02/12/2026 - House Rural Economic Development
Rural Economic Development
Transcript Highlights:
- Greater O'Gala Santa Cruz County Port Authority, which is an organization comprised of both the main industries
- It's going to create an expedited permitting process because we all understand in the building industry
- House Bill 2824 enables a governing body to construct, install, or modify critical capital expenditure
- C-PACE allows commercial and industrial property owners to access lower-cost, market-driven capital for
- Again, the property owner, whoever owns that commercial, industrial, or agriculture property, would have
Keywords:
utility consumer, rate intervention, public service corporation, Arizona Revised Statutes, residential rates, consumer protection, appropriation, Apache Junction, tourism, recreation, Superstition trails, funding, infrastructure, C-PACE, capital expenditure, special assessment, property improvement, local government financing, energy efficiency, water conservation
Summary:
The committee began with a presentation on the modernization of the DeConcini Port of Entry in Nogales, Arizona. Testimony from the port authority chair, a county supervisor, and the Nogales mayor emphasized that the port is outdated, flood-prone, congested, and a safety concern because CBP facilities and traffic lanes sit on or near the international boundary and stormwater infrastructure. Speakers said the port is critical to local and state commerce, tourism, and tax revenue, and requested state support and letters backing federal funding efforts. Members discussed the sewer/stormwater flooding issue, the estimated $1.5 billion to $2 billion cost, and the need for federal action; the chair said a letter of support would be prepared for committee members to sign.
The committee then heard and passed HB 2237, which appropriates $4.5 million for Apache Junction’s Superstition Trails and visitor gateway project, and HB 2926, the Workforce Housing Accelerator Act. HB 2926 would create expedited permitting for workforce housing, provide a single point of contact, reduce the state portion of prime contracting tax for qualifying projects, and lower the population threshold for certain industrial development authority bond actions. After an amendment, the bill passed 6-1. Testimony in support came from the sponsor and housing advocates, who said the bill would help address Arizona’s missing-middle housing shortage and reduce regulatory delays.
The committee also passed HB 2113, which would require RUCO to intervene in utility rate cases when proposed residential rate increases are 100% or more. The sponsor argued RUCO should focus more on rural customers facing large percentage increases, while RUCO’s director said the office has only nine staff, a $1.9 million budget, and limited capacity, warning the bill could increase costs and delay cases. Members discussed rural ratepayer impacts, and the bill passed 5-1-1. HB 2824, authorizing local C-PACE programs for voluntary financing of commercial property improvements, also passed unanimously after testimony that it would support energy, water, and infrastructure upgrades without state general fund exposure. Finally, HB 2939, a rural investment tax credit bill tied to large qualifying investments and net new jobs, passed unanimously after Lucid Motors testified in support. The committee held HB 2950 due to time and adjourned, noting it would be heard first next week.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/18/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- <00:52:26.760>
in like many other Industries in like many other Industries in construction - construction IND industry in their construction IND industry in their families<00:53:04.040>
- We achieve this by working hand in hand with construction industry professionals, registered apprenticeship
- As we continue to introduce and expand opportunities in Minnesota's construction industry, the support
- for construction industry the support for construction industry the support for this<00:57:17.680
Keywords:
HF339, Nursing Home Workforce Standards Board, nursing homes, long-term care, elder care, workforce standards, certified worker organizations, labor funding, general fund appropriation, worker grants, Minnesota labor law, nursing home staffing, caregiver workforce, section 181.214, HF1272, nursing home, boarding care home, nursing home workers, labor standards, Medicaid-certified facility
HI
Keywords:
no-bid contracts, emergency procurement, audit, state agencies, public funds, accountability, auditor, state and county agencies, government accountability, emergency declarations, easement, submerged lands, drainage, Kahala Hotel, Oahu, state land regulations, biomarker testing, health insurance, precision medicine, H.B. No. 1971
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 4/14/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- So, think about a road or maybe sewer infrastructure associated with an industrial park.
- And when they make that industrial park.
- 12.800>
that of that public infrastructure at that of that public infrastructure at that industrial - Uh and so this industrial park.
- , and I am here to testify in Industry, and I am here to testify in support<00:38:53.280>
of <00
Keywords:
workers' compensation, Minnesota workers' compensation, Workers' Compensation Advisory Council, reinsurance association, Workers' Compensation Reinsurance Association, WCRA, occupational disease, presumption, first responders, firefighter cancer, PTSD, post-traumatic stress disorder, police officer, paramedic, emergency medical technician, correctional officer, security counselor, public safety dispatcher, temporary total disability, permanent partial disability
TX
Texas 89th 2nd C.S.
S/C on Family & Fiduciary Relationships Mar 24th, 2025
S/C on Family & Fiduciary Relationships
Transcript Highlights:
- Um, vagueness is denial of due process when it comes to statutory construction, especially when you have
Bills:
HB116
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Banking and Insurance (10-14-25)
Transcript Highlights:
- It industrial loan again about the same.
- Insurance tends to lag other industries Insurance tends to lag other industries in<00:59:04.079>
- The insurance industry is already one of the most heavily regulated industries in the country.
- <01:02:15.920>
and have worked with the industry and have worked with the industry and stakeholders - If you the the credit union industry.
Keywords:
Meeting Start 00:00:00
Call to Order and Roll Call 00:00:15
Department of Insurance Update 00:01:39
Department of Financial Institutions Update 00:37:07
Insurance Industry Update 00:54:50
Credit Union Industry Update 01:10:53, 958, all
Summary:
The committee met with a quorum, approved the September 16 minutes, and then received an update from Insurance Commissioner Sharon Clark and staff on the Department of Insurance. Clark reviewed department activity, including growth in premium volume and licensing, consumer complaints and recoveries, and a rise in fraud referrals. She said the department has 66 open fraud cases and described common schemes such as staged auto accidents, inflated repair or cleanup charges, and roofing scams. She also said the department’s investigators often prepare strong cases but face reluctance from local prosecutors, especially in Fayette and Jefferson counties, to pursue them.
Clark reported favorable workers’ compensation news, saying rates will decrease 9.7% next year for the 20th straight year. She contrasted that with a difficult property insurance market driven by storms, reinsurance costs, inflation, labor shortages, and litigation, but said Kentucky’s market remains relatively stable, citing the Kentucky Fair Plan’s small number of policies. She then warned of significant 2026 health insurance premium increases on the exchange: 16.1% for Molina, 23% for Anthem, and 37% for WCare, after CareSource withdrew. She said the rates were reviewed by actuaries and found fair, but that the biggest pressure point is the scheduled expiration of enhanced premium tax credits, which she said could leave about 90% of exchange enrollees facing a compounded increase.
Members questioned Clark about fraud prosecution, the number of people in commercial versus public coverage, and the impact of expiring subsidies. Clark said the prosecution issue is mainly with Commonwealth attorneys and that rural counties are more cooperative than urban ones. She also said the health market is individually rated and that older enrollees would be hit harder, while the loss of tax credits could push some people out of the marketplace. One member asked about the attorney general’s recent opinion on SB 188, the PBM bill; staff said attorneys were still reviewing it. Clark closed by noting that Kentucky’s fraud and towing/storage legislation has become a model for other states.
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 2/19/26
Judiciary Finance and Civil Law
Bills:
HF2825
Keywords:
expungement, criminal justice, background check, security industry, private detective, 1183, house