Transcript Highlights:

• In these proceedings, the court has broad discretion to make a division of property and liabilities that
• Senate Bill 5536 adds specific items a court should consider when dividing property and liabilities.
• these proceedings do have broad discretion in determining what that division of the properties and liabilities

Bills: SB5536, SB5868, SJM8006, SB6011

Keywords: divorce, dissolution, marriage, domestic partnership, property division, real property, community property, separate property, liabilities, family law, equitable distribution, court order, personal jurisdiction, absent spouse, absent domestic partner, creditors, secured creditors, unsecured creditors, home equity, family home

Summary: The committee heard Substitute Senate Bill 5520, which revises Washington’s wrongful conviction compensation law. Staff explained that the bill changes how claimants prove eligibility, extends the filing deadline from three to six years, adds a special deadline for certain Alford plea cases, expands compensation to include some civil detention time, provides an advance payment option, and changes attorney fee provisions. The prime sponsor and supporters from the Washington Innocence Project and exonerees testified that the bill would reduce confusing and costly relitigation, improve access to compensation, and help families, including by removing the age limit for tuition waivers for children of exonerees. One citizen testified in opposition, arguing the bill broadens eligibility and state costs and should be rejected. No vote was taken on this bill in the transcript. The committee then considered Senate Bill 5536 on property division in dissolution and legal separation cases. Staff said the bill directs courts to consider costs tied to selling real property, the risk of homelessness for a spouse and children when deciding whether to award the family home, and enforcement of real property orders against creditors. The sponsor said the measure is intended to make property division more equitable by accounting for mortgage affordability, sale costs, and related expenses that can leave the spouse with custody at risk of foreclosure or housing instability. There was little additional testimony, and the hearing concluded without a recorded vote. In executive session, the committee took up Engrossed Substitute Senate Bill 5925, authorizing the Attorney General to issue civil investigative demands. Members debated and voted on numerous amendments, with some adopted and others rejected. Adopted amendments included limiting CIDs from the Attorney General’s criminal justice division, requiring consultation with local law enforcement when criminal violations may be involved, and requiring county prosecutors to be able to investigate the Attorney General in certain circumstances; several proposed exemptions and procedural limits were rejected, including right-to-cure, a higher issuance standard, fee-shifting for successful CID challenges, and exemptions for small businesses, religious organizations, and nonprofits. The committee also rejected a striking amendment that would have replaced the bill with a special inquiry judge process. The bill was then reported out of committee on a 7-5 vote with a do pass as amended recommendation. The committee also considered Engrossed Substitute Senate Bill 6002 on automated license plate readers. After adopting a striker and rejecting a line amendment, the committee approved a version that clarifies where ALPR data may not be collected, adds definitions for certain protected facilities, allows some parking-enforcement uses, and adjusts retention and deletion rules. Supporters said the bill fills a gap in state law and adds privacy guardrails while preserving public safety uses; some members supported the goals but remained concerned about privacy, retention, and scope. The bill was reported out on a 7-5 vote with a do pass as amended recommendation. The transcript then briefly shifted to public hearings on court security and judicial staffing bills, with testimony supporting expanded threat-assessment authority for court security personnel and noting rising threats against judges, but the discussion was cut off before any final action on those bills was shown.

Transcript Highlights:

• amount, but it has the cost to both the state of the possibility of creating an unfunded accrued liability
• And it got rid of a big chunk of our unfunded accrued liability out there when he did it.
• So the long-term impact that is more likely to create a large unfunded accrued liability is a change.
• So the long-term impact that is more likely to create a large unfunded accrued liability is a change.
• That is more likely to create a large unfunded accrued liability is a change in participant behavior.

Bills: HB17, HB21, HB24, HB41, HB42, HB45, HB1134, HB1237

Keywords: HB 17, District Attorneys' Retirement System, retirement system, reemployed retiree, reemployment, supplemental retirement benefit, service credit, benefit suspension, public retirement, district attorney, assistant district attorney, Louisiana District Attorneys' Association, employer reporting, annual report, retirement benefits, state employees, local funds, state funds, Municipal Employees' Retirement System, part-time retirees

Transcript Highlights:

• As has been indicated, the Austin Firefighter Retirement Fund is projecting an unfunded liability, and
• The lowest liability layers in the state of Texas for any pension fund that has... assets totaling over
• The brief I have says this bill resets the amortization schedule for unfunded liabilities. to a 15-year
• What was the resetting of the amortization schedule for unfunded liabilities to a 15-year closed period
• that is not funded today costs multiples of dollars in the future to try to pay down an unfunded liability

Bills: HB886, HB1514, HB2434, HB2688, HB2802, HB3161, HB3221, HB4029, HB4339, HB4591, HB4774, HB4802, HB4853, HB5627, SB1737

Keywords: retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits, municipal retirement

Transcript Highlights:

• significant resources into ERS to improve the actuarial soundness of the fund and to pay off our unfunded liabilities
• legislature has worked very hard the past two sessions to reduce the Employees Retirement System unfunded liability
• They've done things like increase the contributions and reduce the unfunded liability. ...appropriating
• because of the funding that the legislature has provided for in the legacy payment and the way that liability

Bills: HB886, HB1514, HB2434, HB2688, HB2802, HB3161, HB3221, HB4029, HB4339, HB4591, HB4774, HB4802, HB4853, HB5627, SB1737

Keywords: retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits, municipal retirement

Transcript Highlights:

• That includes an analysis of why the targets were not met, splitting the cost of any federal liabilities

Bills: SB1017, SB1149, SB1162, SB1192, SB1249, SB1253, SB1331, SB1333, SB1334

Keywords: informed consent, surgical procedures, healthcare professionals, patient rights, regulatory compliance, child welfare, dependency hearings, foster care, court procedures, parental rights, healthcare compliance, behavioral health technicians, licensing, monitoring, administrative burdens, basic first aid, good samaritan, medical licensing exemption, Arizona medical board, A.R.S. 32-1421

Transcript Highlights:

• assets and set aside sufficient assets or provide other means to satisfy the previous district's liabilities
• the focus away from the individual committing the bullying and instead places legal and financial liability

Bills: SB1004, SB1424, SB1497, SB1507, SB1572, SB1684, SB1711, SB1741, SB1754, SB1763, SB1798, SCR1012, SCR1041, SCR1051

Keywords: sex offender registration, sex offender registry, A.R.S. 13-3821, sexual offenses, public safety, GPS monitoring, electronic monitoring, transient offender, homeless registrant, online identifiers, internet identifiers, sheriff notification, Department of Public Safety, DPS, DNA collection, juvenile adjudication, kidnapping of a minor, unlawful imprisonment of a minor, lifetime registration, community notification

Transcript Highlights:

• basically saying that food service establishments can withhold five dollars and sales and use tax liability
• Comprised of several different components, debt and pension liabilities. of the city's ratings. on the
• the tax system, further complicating compliance, and burdening businesses with unpredictable tax liability

Bills: HB19, HB30, HB851, HB1663, HB1681, HB1769, HB1937, HB1979, HB2428, HB2433, HB2825, HB3159, HB3424, HB3486, HB3487, HB3504, HB3605, HB3879, HB3994, HB4382, HB4752, HB5444, HB5446, HB5447, HB3199, HB4847, HB19

Keywords: local government debt, property tax, ad valorem tax, bond election, certificate of obligation, anticipation note, school district tax rate, voter-approval rate, debt service cap, municipal finance, county bonds, flood control district, hospital district, public works, tax transparency, property tax notice, November uniform election date, general obligation bonds, local debt reform, taxpayer notice

Transcript Highlights:

• </c> our unfunded liability. our unfunded liability.
• ><c> unfunded</c><00:47:01.840><c> liabilities</c> liabilities and unfunded liabilities liabilities and
• That's a liability. them one day. That's a liability.
• </c> our unfunded liability. our unfunded liability.
• </c> increases liability. Okay. increases liability. Okay.

Keywords: Meeting Start: 00:00:00 Attendance Roll Call: 00:00:12 Approval of Minutes: 00:01:34 Actuarial Valuation Update – KPPA: 00:02:10 Actuarial Valuation Update – TRS: 00:25:32, 958, all

Summary: The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side. Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act. The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes. At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.

Transcript Highlights:

• , the unfunded liabilities.
• </c> liabilities, the unfunded liabilities. liabilities, the unfunded liabilities.
• </c> liabilities? Does it not? liabilities? Does it not? &gt;&gt; Yes,<00:15:35.920><c> sir.
• </c> actuarial liability. actuarial liability.
• That's why we have the liability. them. That's why we have the liability.

Keywords: Finance - Room 216, 20 January, 2026; 10:30 AM, 925, all

Transcript Highlights:

• Strategy two is around reforming utility liability.
• So it would not relieve the utilities of all liability.
• So it would not relieve the utilities of all liability.
• There's also the liability reform issues.
• It just moves from a strict liability for the property damage to a cause-based liability system.

Keywords: 987, senate, all

Transcript Highlights:

• Types of liability insurance typically covered include professional liability, product liability, general
• liability, and directors and officers liabilities.
• </c> their own liability risks collectively. their own liability risks collectively.
• include professional liability, covered include professional liability, product<00:11:45.680><c> liability
• ,</c><00:11:46.320><c> general</c><00:11:46.560><c> liability,</c> product liability, general liability

Keywords: 927, senate, all

Transcript Highlights:

• </c> all of the increase in the liability. all of the increase in the liability.
• </c> unfunded liability? unfunded liability?
• </c><01:43:06.880><c> So,</c> the unfunded liability. So, the unfunded liability.
• </c> the active teacher liability left. the active teacher liability left.
• . liability. liability.

Keywords: 958, all

Summary: The meeting opened with a quorum call, the Pledge of Allegiance, a prayer, and approval of the prior meeting minutes. The first presentation was from Bo Craycraft of the Judicial Form Retirement System, who gave an update on investment performance, asset allocation, cash flow, and projected employer costs. He reported strong fiscal year 2025 investment results, with both the legislative and judicial retirement plans outperforming their actuarial assumed rates of return and benchmarks, driven largely by U.S. equity performance. He also noted the plans remained near their target asset allocation and continued to experience negative cash flow, though he said that was manageable in context of strong asset growth. Craycraft then discussed a recent experience study and actuarial assumption changes, especially a revised salary growth assumption and a higher cash balance interest credit rate. He said these changes increased projected employer costs, with contributions rising from about $700,000 to a projected $2 million in later years, though he expected the eventual 2025 valuation and investment gains to reduce that estimate. Members asked about mortality assumptions, the impact of the experience study on liabilities, and the sharp increase in the judicial plan’s projected employer cost. Craycraft explained that the increase was driven mainly by the updated assumptions and that no other major plan changes were involved. At the chair’s request, Craycraft also addressed the recent rise in Medicare Advantage premiums for the plan’s health coverage, saying the 2025 increase was largely tied to Part D changes and the Inflation Reduction Act and had been about 45%, but that future growth was expected to be under 5%. After his presentation, the committee moved to the Kentucky Public Pensions Authority update, where the next speaker began by saying the funds had exceeded actuarial assumed returns for the fiscal year.

Transcript Highlights:

• The liability insurance to protect teachers against liability to a third party based on conduct that
• Tell me about the liability insurance piece.
• I too am very interested in their liability insurance.
• This bill has a section on liability insurance.
• He's prescribed a section on liability insurance.

Bills: SB26, SB28, SJR36, SB26, SB616, SB565, SB384, SB28

Keywords: teacher compensation, education funding, public school educators, teacher retention, teacher designation, lottery, gambling, internet gaming, mobile application, criminal offenses, aquifer, water management, Edwards Aquifer, sustainability, regulatory framework, SB 565, Texas Water Code, TCEQ, Texas Commission on Environmental Quality, compliance agreement

Transcript Highlights:

• Currently, because it's strict liability, it's automatic. It's assumed.
• I also think that it is fair to in the strict liability aspect. to, to, in the strict liability aspect
• ...risk profile expresses strict liability, right?
• My question is regarding the strict liability.
• And now you have automatic liability. Of course we would never do that.

Summary: The State Affairs Committee opened with a tribute to the late Representative Joe Casello, with remarks from the chair and Ranking Member Eskamani honoring his service, especially his advocacy for first responders, veterans, and working people. The committee then turned to its only bill, HB 167, which would remove strict liability for certain previously mined phosphate lands if the landowner notifies the county and requests a Department of Health radiation survey. The sponsor said the bill is intended to create a voluntary process, add data about the land, and provide notice through the public record and title process. Members asked extensive questions about who pays for the surveys, how notice would reach future buyers, whether the bill affects renters or construction workers, and whether it would impact pending lawsuits. The sponsor said the landowner would pay for the survey needed to remove strict liability, plaintiffs would pay for surveys in litigation, the bill does not address OSHA or rental disclosures, and it would not apply retroactively to current cases because the complaint must include a survey. Supporters argued the bill simply replaces automatic liability with recorded notice and due diligence, while opponents said it could leave families and renters without adequate warning and should include stronger disclosure protections. Public testimony was in support from the Florida Chamber of Commerce, Associated Industries of Florida, and one individual. After debate, the committee voted 18-8 to report HB 167 favorably.

Transcript Highlights:

• Number two is the liability issue.
• Liability or liability insurance that farms and ranchers will have or already have to protect their crops
• I don't know that we need the liability.
• I think we're going back to liability, the waiver of the liability, and then also the ownership issue
• I'm here to talk about the liability. Okay, we have concerns about the liability.

Bills: HB48, HB49, HB 1169, HB1971, HB2584, HB2663, HB2890, HB48, HB49

Keywords: HB 48, oilfield theft, organized theft, petroleum products, oil and gas equipment, DPS, Department of Public Safety, Texas, Railroad Commission, criminal justice, energy resources, theft prevention, organized crime, border region, El Paso, law enforcement task force, asset recovery, pipeline theft, drilling equipment, equipment theft

Transcript Highlights:

• We're gonna sue you for that liability.
• the liability.
• Chair, with the shifting of liability.
• Regarding the liability... And value.
• The liability issues are addressed.

Transcript Highlights:

• Strategy two is around reforming utility liability.
• So it would not relieve the utilities of all liability.
• There's also the liability reform issues.
• It just moves from a strict liability for the property damage to a cause-based liability system.
• We also emphasize that the current liability framework The current liability framework results in a compounded

Summary: The hearing focused on the SB 254 Natural Catastrophe Resiliency Study and its recommendations for addressing California’s wildfire risk, utility liability, and the financing of catastrophic losses. Committee members and presenters discussed the history of the wildfire fund created after the 2018 fire crisis and PG&E bankruptcy, the role of the California Earthquake Authority as fund administrator, and the report’s three broad policy pathways: continuing mitigation investments, more equitably allocating catastrophe costs, and considering expanded state involvement in catastrophe financing. Presenters emphasized that the report was intended as a neutral, stakeholder-informed analysis rather than an advocacy document, and that the status quo is not working well for survivors, ratepayers, insurers, or utilities. CEA, CPUC, and the Office of Energy Infrastructure Safety each described their contributions and recommendations. CEA outlined options such as risk-tolerance standards for utilities, preserving safety certificate accountability, tying executive compensation more directly to safety, confidential near-miss reporting, liability reforms, and a fast-pay facility for survivors. CPUC stressed that wildfire mitigation and liability costs are a major driver of electricity affordability problems, and said the state should broaden how wildfire recovery and mitigation are funded beyond ratepayers alone. Energy Safety highlighted its wildfire mitigation plan oversight and recommended stronger safety reporting and stronger safety weighting in utility executive compensation. The modeling portion of the report estimated that a more durable wildfire fund could require about $36 billion in capitalization, with lower initial capital needs if risk transfer or liability reforms are used, but potentially higher ongoing premium or assessment costs. The report also examined state-backed insurer or backstop models, post-event funding mechanisms, and targeted community wildfire mitigation, which could reduce overall funding needs. Members raised concerns about the cost burden on ratepayers, the financial stability of utilities, the fairness of asking communities outside high-risk areas to pay, the role of local governments and home hardening, and whether broader climate-related liability or insurance reforms should be considered. No votes were taken; the hearing was informational and ended with plans for further committee hearings and stakeholder discussion.

Transcript Highlights:

• </c> have withdrawal liability provisions. have withdrawal liability provisions.
• Under existing liability.
• </c> what would happen to those liabilities? what would happen to those liabilities?
• </c> unfunded liability for this one example. unfunded liability for this one example.
• </c> actuarial acred liability. actuarial acred liability.

Keywords: 1187, senate, all

Transcript Highlights:

• get out of any liability of any kind.
• :31:53.760><c> part</c> concerned about that liability part concerned about that liability part because
• Um, UNH, for liability of any kind.
• </c> for either civil or criminal liability for either civil or criminal liability as<00:33:56.720><c
• I don't know. liability. This is dealing with the um liability.

Keywords: 928, house, all

Summary: The Legislative Administration Committee met to consider SB 197, which concerns medical supervision for the licensed registered nurse employed by the Legislative Facilities Committee. The main discussion focused on an amendment, 2025188H, that adds language about the chief medical officer’s authority to issue standing orders and includes immunity language for civil or criminal liability when acting in good faith and with reasonable care. John Williams of Health and Human Services explained that the language was modeled on similar provisions used for standing orders such as Narcan and epinephrine, and that it was vetted with the Attorney General’s office. Members raised questions about whether the immunity could shield mistakes or apply beyond the State House nurse; the chair clarified that the provision applies to the chief medical officer’s issuance of standing orders under this section, while the nurse’s practice remains governed by RSA 326. Representative Wade moved the amendment, which was seconded and adopted on a roll call vote of 10-0. The committee then voted on SB 197 as amended and recommended it ought to pass as amended, again by a 10-0 roll call vote. The bill was placed on consent, and the chair noted that a written committee report would be prepared. After the vote, the chair briefly updated members on other upcoming matters, including a Senate message on the Gold Star flag bill, the status of an enroll bills issue, and a Senate amendment to HB 248 on ethics. The committee also discussed scheduling for a joint historic committee meeting and a proposed Wentworth Cheswell portrait item, and members offered closing thanks to the chair, clerk, and staff for their work.

Transcript Highlights:

• Additional payments toward TRS liabilities began in 2016 with an extra $500 million per year contributed
• toward TRS liabilities began in 2016<00:05:04.320><c> with</c><00:05:04.560><c> an</c><00:05:04.800>
• are expected to unfunded liability are expected to surpass<00:05:18.039><c> two</c><00:05:18.919><c>
• and that that un that those liability and that that un that those payments<00:05:31.080><c> are</c><
• beyond the expected two billion in annual payments for unfunded liability.

Keywords: 958, all

Summary: The Senate State and Local Government Committee met and first took up Senate Bill 193, described as a simple measure to restore a wallet card for jailers to carry when outside the jail. The chair noted the fiscal impact was essentially zero, there were no questions, and the committee voted to pass the bill 9-0. The committee then heard Senate Bill 9, a proposal focused on the Teachers’ Retirement System (TRS). The sponsor argued TRS remains underfunded despite large state contributions, cited rising unfunded liability and negative cash flow, and said the bill is intended to standardize and limit what sick leave, personal leave, and annual leave can count toward retirement calculations. The bill would generally cap TRS retirement credit at 10 sick days and 2 personal days per year, prevent annual leave from being rolled into sick leave, require more uniform reporting and oversight from participating districts and agencies, and shift costs to districts that offer benefits beyond TRS limits. The sponsor also said the bill would add 30 maternity leave days, allow voluntary supplemental contributions for Tier Four teachers, and include a floor amendment directing the state auditor to audit TRS and report on agency leave policies. During the presentation, the sponsor emphasized fairness, transparency, and accountability, and used a hypothetical high-salary administrator to illustrate how leave payouts can increase retirement benefits and create additional unfunded liability. Senator Mills thanked the sponsor and said members had been working to understand the issue, but no committee action on Senate Bill 9 was completed in the portion provided.