Transcript Highlights:

• Like many of our municipalities, we have a shortage of police officers, and in the details in Kingston
• Tomen as police chief. Anyone to testify on that? Seeing none.
• The next bill is House Bill 4747, an act relative to the New Bedford Police Association.
• The next is House Bill 5034, an act relative to waiving the maximum age or time requirement for police
• police officers in the town of Dayton.

Bills: H5159, H5110, H3900, H5054, H5034, H4977, S2939, H4747, S2942, H4742, H4698

Keywords: retirement, teachers, service credit, superannuation, Massachusetts Teachers' Retirement System, Petersham, police employment, age requirement, public service, retirement benefits, retirement age, special police officers, Kingston, public safety, law enforcement, pre-employment examinations, disability retirement, record maintenance, Peabody, local government

Transcript Highlights:

• other pension systems, we, to keep the pension system whole, we have made... ...to keep the pension
• Depending on per pension, or your per pension fund, I think the total of all the pension funds for increase
• House Bill 1889 is a catch-up for police and fire employees. For police and fire employees.
• The anticipated cost for our system, and I believe the police pension system was included in this, for
• No other pension.

Bills: HB1784, HB1245, HB1268, HB2116, HB2193, HB2206, HB1739, HB1889, HB1904, HB3172, HB4225, HB4352, HB3625, HB4263

Keywords: education reform, local control, student outcomes, curriculum changes, school funding, retirement, pension, public employees, Oklahoma Public Employees Retirement System, benefits, survivorship, contribution rates, disability retirement, deferred option plan, service credit, contributions, distributions, HB2116, Oklahoma Law Enforcement Retirement System, OLERS

Transcript Highlights:

• Welcome to the Banking, Financial Services and Pensions Committee.
• In other pension systems, to keep the pension system whole, we have made the employer continue to pay
• into that pension system to keep it whole.
• Depending on per pension, or per pension fund, I think, depending on per pension or per pension fund,
• The anticipated cost for our system, and I know, I believe, the police pension system was including this

Bills: HB1784, HB1245, HB1268, HB2116, HB2193, HB2206, HB1739, HB1889, HB1904, HB3172, HB4225, HB4352, HB3625, HB4263

Keywords: education reform, local control, student outcomes, curriculum changes, school funding, retirement, pension, public employees, Oklahoma Public Employees Retirement System, benefits, survivorship, contribution rates, disability retirement, deferred option plan, service credit, contributions, distributions, HB2116, Oklahoma Law Enforcement Retirement System, OLERS

Summary: The Banking, Financial Services and Pensions Committee heard a series of retirement, banking, and school finance bills after announcing that several measures would be laid over or sent back to Rules and that the committee would recess briefly because of quorum and scheduling conflicts. The chair also explained the committee’s OPLA/safe-harbor process for pension bills and noted that many of the measures would still need oversight and floor consideration. Among the bills advanced were HB 1245, allowing certain DHS CLEET-commissioned agents to join the law enforcement retirement system; HB 4352, helping people refinance homes or businesses while protecting lenders; HB 4263, giving certain retired teachers who go to work for CareerTech a choice between TRS and OPERS; HB 1268, creating a five-year DROP option for EMTs and county sheriffs in OPERS; HB 1739, reinstating a half-pay provision in the law enforcement retirement system for OHP recruitment and retention; HB 2116, expanding OLERS eligibility to certain Office of State Fire Marshal officers; HB 2206, allowing newly hired school resource officers into OLERS; HB 3625, expanding school district investment options; HB 1889, providing a catch-up COLA for older police and fire retirees; and HB 1784, requiring TRS’s assumed rate of return not fall below its past 20-year annualized return. HB 3172, the “Fair Banking Act,” would restrict adverse actions by very large financial institutions based on lawful economic activity and require explanations on request; members asked whether it would affect Oklahoma banks and whether it mirrored a presidential executive order. HB 2193 proposed a COLA for state retirement systems with caps on eligible benefits and salaries, and members raised concerns about differing actuarial estimates and the need for more work before oversight. Most bills were reported out by committee votes ranging from 8-0 to 4-3. The chair and members repeatedly noted that several measures, especially the pension bills, would need further work with actuaries and oversight committees. The meeting ended with a brief acknowledgment of committee staff and support personnel before adjournment.

Transcript Highlights:

• must provide a written commitment to follow standards, making sure that a proxy advisor used in our pension
• based on fiduciary duties and not utilizing ESG or other DEI metrics, and votes for proxy of our pension
• Chairman, House Bill 3265 is a request from the police pension board. It's pretty simple.
• I'm the director of the police pension.
• There's a lot of pension bills that went out.

Bills: HB3041, HB4428, HB4429, HB1064, HB3265, HB3721, HB3028, HB3313, HB3588, HB3020

Keywords: credit card transactions, payment methods, service charge, consumer rights, financial regulation, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty, pecuniary factors, nonpecuniary factors, ESG, environmental social governance, social goals

Transcript Highlights:

• When our state police come up, we're going to do all of them together. Yes, sir.
• Margaret Michelle, Executive Director of the Louisiana State Police Retirement System.
• When we looked at the numbers for State Police, it's a little bit different.
• Margaret Michelle, Executive Director, Louisiana State Police Retirement System.
• under the State Police Commission.

Bills: SB8, SB10, SB11, SB12, SB13, SB14, SB16, SB17, SB18, SB20, SB21, SB22, SB416, SB455, SB456, SB477

Keywords: Municipal Employees' Retirement System, Louisiana, participation, employer, retirement, SB 10, Act 222, Louisiana State Police Retirement System, state police retirement, retirement system funding, employer contributions, actuarial gains, amortization, Permanent Benefit Increase, PBI account, benefit increase reserve, supplemental permanent benefit increase, public retirement systems, state pension, pension funding

Summary: The Retirement Committee met on April 29, 2026, established a quorum, and heard a series of retirement-related bills, mostly cleanup or technical measures affecting various public retirement systems. SB 22 would extend Municipal Employees Retirement System eligibility to certain positions in the Second City Court constable’s office in New Orleans. SB 17 would create a funding deposit account for cost-of-living adjustments for registrars of voters’ employees’ retirement system. SB 455 would allow certain district and parish courts to participate in the Parochial Employees Retirement System. SB 456 would update compensation rules for assigned retired judges, and SB 8 would add the Louisiana Asset Management Pool as a participating employer in MERS. All of these bills were described as aligning statutes with current practice or expanding participation options, and each was reported favorably without objection. The committee also heard several Louisiana State Police retirement bills. SB 10 would repeal outdated priority allocation and retiree raise rules and adjust handling of surplus employee contributions; SB 11 would increase the funding cap for benefit increases from 2.5% to 3.5%; and SB 12 would update membership and definition language to reflect the State Police Commission rather than the Civil Service Commission. SB 18 would repeal a special exception allowing certain MERS retirees to return to part-time work while collecting full benefits, while protecting roughly 30 current participants. SB 20 and SB 21 would update actuarial gain/loss and unfunded liability funding rules for school employees’ retirement and LASERS, respectively, in light of the new permanent benefit increase funding structure. Each of these bills was supported by system officials as cleanup or modernization measures and was reported favorably. The committee spent the most time on education and return-to-work issues for teachers and public employees. SB 16 would reduce annual trustee training requirements for retirement system boards from 16 hours back to 12 hours, which witnesses said would better fit smaller systems and match the original intent of the law. SB 13 would similarly update TRSL’s actuarial funding rules after the sunset of the experience account. SB 14, based on a 2025 study work group, would consolidate and simplify TRSL return-to-work rules and expand options for retired teachers, with witnesses emphasizing teacher shortages and the need to retain experienced educators. All three were reported favorably. Finally, SB 416 would allow certain Department of Public Safety and Corrections retirees to return to critical shortage positions after one year, and SB 477 would classify the chairman of the Louisiana Gaming Control Board as a full-time state employee for retirement purposes. Both bills drew questions and discussion, especially SB 416, and both were reported favorably. The chair announced the committee’s next meeting would be moved from Monday to Tuesday, and the meeting adjourned.

Transcript Highlights:

• Next is Representative Hannah Bowman and Chief John Lachillard from the Beverly Police Department.
• Next is Representative Hannah Bowman and Chief John Lachillard from the Beverly Police Department.
• I spent three years in a municipality, 30 years with New Hampshire State Police, retired as a captain
• , and in 2013 I was hired as chief of police in the city of Beverly, where I've served since then, and
• attest to that, between bringing a property together that was kind of in flux, to building a new police

Bills: S3044, S3031, S3017, H5189, H5246, H5297, H5248, H5359

Keywords: retirement benefits, teachers' retirement system, creditable service, public education, emergency law, sick leave bank, leave donation, personal days, vacation days, extended illness leave bank, public employee, county sheriff, Worcester County Sheriff's Office, personnel bill, employee leave, disability leave, illness leave, compassionate leave, Massachusetts public service, police recruitment

Transcript Highlights:

• I'm new to this space and the pensions.
• I've been in and the pensions.
• The 2025 pension bill has a Committee.
• ><c> in</c><00:04:26.400><c> that</c> fire, city police uh and persons in that fire, city police uh and
• </c> pension adjustment revenue line. pension adjustment revenue line.

Bills: SF2884, HF1889

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

Transcript Highlights:

• This bill was brought to me by the Houston Police Officers Pension Fund, which represents over 10,000
• She's carried both the fire and the police pension bill from day one.
• We show you registered as Trey Coleman on behalf of yourself and the Houston Police Officers Pension
• I'm Trey Coleman, the chairman of the Houston Police Officers Pension System and the captain over HPD's
• and municipal pension funds.

Bills: HB3015, HB3521, HB5632, HJR182, SJR57

Keywords: healthcare, direct primary care, insurance deductibles, Texas Health Benefit Plans, telemedicine, police retirement, disability pension, municipalities, law enforcement, retirement benefits, retirement, beneficiary, Employees Retirement System of Texas, divorce decree, beneficiary designation, Veterans' Land Board, general obligation bonds, constitutional amendment, veterans, housing assistance

Bills: SB 266, SB 1018, SB 1415, SB 1527, SB 1737, SB 1738, SJR 57

Keywords: tax collection, managed audits, taxpayer rights, dispute resolution, penalty, sales tax exemption, clothing, footwear, school items, economic relief, public retirement systems, pension funding, police benefits, firefighter pensions, municipality contributions, actuarial assumptions, amortization, administrative requirements, judicial retirement, service credit

Bills: SB 266, SB 1018, SB 1415, SB 1527, SB 1737, SB 1738, SJR 57

Keywords: tax collection, managed audits, taxpayer rights, dispute resolution, penalty, sales tax exemption, clothing, footwear, school items, economic relief, public retirement systems, pension funding, police benefits, firefighter pensions, municipality contributions, actuarial assumptions, amortization, administrative requirements, judicial retirement, service credit

Transcript Highlights:

• The Committee on Pensions, Investments, and Financial Services will come to order.
• Officers Association, and the San Antonio Police and Fire Pensioners Association. and the Fund's Board
• Upon qualifying for retirement pension from the San Antonio Fire and Police Fund, retirees and their
• Officers Association. and the San Antonio Fire and Police Pension Association.
• First, the bill would require the Pension Review Board...

Bills: HB3014, HB3109, HB3126, HB3474, HB3594

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

Transcript Highlights:

• departments, and the municipal police retirement system.
• It deals with out-of-state police service as a recruiting tool so that local police departments can better
• Jason DeMarco, Deputy Chief of Police for the City of Greater Police Department.
• The Chief of Police in support, not wishing to speak.
• Not police. Thank you. Thank you.

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:

• For our pension systems? Thank you.
• I think the fiduciary responsibility to the pensioners is paramount.
• This is a request bill from the Police Pension Board.
• Which was removed in 2012 to help shore up pension plans.
• Municipal police officer jobs, and this will allow them to vest with other pensions.

Bills: HB1739, HB1784, HB1889, HB2116, HB2206, HB3625, HB2939, HB3028, HB3265, HB3313, HB3413, HB3414, HB3415, HB3416, HB3417, HB3418, HB3420, HB3588, HB3748, HB3721, HB3852, HB4132, HB4263, HB4303, HB4311, HB4428, HB4429, HB4434

Keywords: retirement, law enforcement, disability benefits, pension system, Oklahoma, education reform, local control, student outcomes, curriculum changes, school funding, public retirement systems, pension, retirement benefits, cost-of-living adjustment, COLA, inflation adjustment, CPI-U, Consumer Price Index, firefighters pension, police pension

Transcript Highlights:

• Is this currently a problem for our pension systems? Thank you.
• And so you agree then that the The pensioners is paramount.
• This is a request bill from the Police Pension Board.
• We have this on pension bill over and over and over.
• , Budget directly into the pension that that benefit comes out of.

Bills: HB1739, HB1784, HB1889, HB2116, HB2206, HB3625, HB2939, HB3028, HB3265, HB3313, HB3413, HB3414, HB3415, HB3416, HB3417, HB3418, HB3420, HB3588, HB3748, HB3721, HB3852, HB4132, HB4263, HB4303, HB4311, HB4428, HB4429, HB4434

Keywords: retirement, law enforcement, disability benefits, pension system, Oklahoma, education reform, local control, student outcomes, curriculum changes, school funding, public retirement systems, pension, retirement benefits, cost-of-living adjustment, COLA, inflation adjustment, CPI-U, Consumer Price Index, firefighters pension, police pension

Summary: The committee opened with prayer, laid over House Bill 1784 as dead, and then heard a long series of measures, many related to pensions, retirement systems, elections, and state procurement/reporting. Early bills included HB 3588 on debtor-creditor law updates, HB 3748 on county partnerships with four-year institutions, HB 4303 extending the municipal ordinance publication deadline from 15 to 30 days, HB 4311 increasing the treasurer’s share of the unclaimed property administration fee from 4% to 6%, and HB 3028 allowing CareerTech to charge processing fees. All of these advanced on due pass votes, with some opposition on HB 3588, HB 4311, and HB 3028. A major block of the meeting focused on retirement and pension policy. The committee advanced HB 4428 and HB 4429 on proxy advisor transparency and fiduciary voting standards for retirement systems, with the author arguing they would improve transparency and keep pension decisions focused on financial returns rather than ESG/DEI considerations. Other pension-related bills that passed included HB 4132 creating a cybersecurity safe harbor for local governments, HB 1889 fixing a COLA gap for certain retired police officers and firefighters, HB 3265 defining “mental health specialist” for disability applications, HB 1739 reinstating a half-pay provision in the state law enforcement retirement system, HB 3313 changing the Retirement Freedom Act by raising contribution and match rates and eliminating vesting, HB 2116 expanding eligibility for State Fire Marshal officers, HB 2206 allowing newly hired school resource officers to join OLEERS, HB 3625 expanding school district investment options, and HB 3721 creating a survivor-benefit election for children of certain public safety officers. Most of these passed with little or no debate, though HB 1739 drew questions about actuarial “safe harbor” language and pension funding. The latter part of the meeting centered on a package of government contracting and transparency bills from Representative Strom. HB 3413, HB 3414, HB 3415, HB 3416, HB 3417, HB 3418, and HB 3420 would require more detailed reporting of contracts, subcontractors, consulting services, and post-contract assessments; create public posting and reporting requirements through OMES and Central Purchasing; revise bidding rules for state, county, and municipal entities; require vendor ownership disclosures; allow live-streamed bid openings; and add misdemeanor penalties for violations of Central Purchasing rules. Strom said the package was intended to improve accountability, documentation, and protection of taxpayer dollars. The committee also passed HB 3852 clarifying poll worker list requirements for county election boards, HB 4434 requiring gubernatorial notice when out of state, and HB 2939 removing fax-machine references from statute. Most measures were adopted with policy recommendations and passed on strong votes, and the meeting ended with Chairman West thanking members for their work and adjourned the committee.

Transcript Highlights:

• pensions.
• , and 14% goes into the police pension.
• to fund these pensions.
• If you go back to the firefighter and police pensions back to the early 1980s, they were not controlled
• A couple of years ago, when there was a substantial pension benefit increase to the act, active police

Bills: SB134, SB1356, SB1407, SB1611, SB1639, SB169, SB1722, SB182, SB1870, SB2039, SB432, SB609, SB715, SB716

Keywords: retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, state government, OMES, Office of Management and Enterprise Services, Department of Labor, Department of Veterans Affairs, Department of Rehabilitation Services, civil service, human capital management, state employee disputes, whistleblower, veterans employment, veterans placement, fleet management, state fleet, motor vehicles

Transcript Highlights:

• pensions.
• and 14% goes into the police pension.
• pensions.
• and 14% goes into the police pension.
• If you go back to the firefighter and police pensions, back to the early 1980s, they were not controlled

Bills: SB134, SB1356, SB1407, SB1611, SB1639, SB169, SB1722, SB182, SB1870, SB2039, SB432, SB609, SB715, SB716

Keywords: retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, state government, OMES, Office of Management and Enterprise Services, Department of Labor, Department of Veterans Affairs, Department of Rehabilitation Services, civil service, human capital management, state employee disputes, whistleblower, veterans employment, veterans placement, fleet management, state fleet, motor vehicles

Summary: The Senate Committee on Retirement and Government Resources considered a series of retirement, pension, and state employee bills. Senate Bill 1870 would let small municipalities in OPERS with populations of 2,000 or less opt out for new employees; members questioned the fiscal impact and the bill passed 8-0 after the chair struck the title to get a clearer actuarial analysis. Senate Bill 1722 passed 9-0 and would require OMES construction contract fees to be based only on construction costs, not interior design and furnishings, with members discussing how to define those terms and whether historical or specialized projects could still be accommodated. Senate Bill 1639 passed 9-0 after an amendment removed provisions affecting the Indian Education Act commission, leaving a bill to repeal several dormant boards and commissions. The committee also passed Senate Bills 715 and 716, which would increase municipal contributions to firefighter and police pensions, respectively; members raised concerns about city budgets, and the sponsor said he was open to phasing in the increases. Senate Bill 182 passed 5-2 to add certain DHS Inspector General officers and OJA residential care specialists to hazardous duty retirement, and Senate Bill 609 passed 7-0 to allow police recruits to buy up to five years of prior out-of-state service credit as a recruitment tool. The committee then passed Senate Bill 169 5-2 to increase state employee longevity pay by 50%, with supporters citing high turnover and opponents warning about budget pressure and the need for broader raises. Senate Bill 134 passed 7-0 to shorten the waiting period for county employees to return to work from one year to six months. Senate Bill 432 passed 6-0 to raise volunteer firefighter pension benefits, and because it was double-assigned it would next go to Appropriations. Senate Bill 1407 passed 7-0 after an amendment requiring OMES to provide the Commission on the Status of Women an itemized accounting of funds; the bill generally clarifies staffing and financial reporting authority for the commission. Finally, Senate Bill 2039 passed 8-0 after an amendment narrowing the bill to military personnel who are also teachers and defining salary for buyback purposes; the sponsor said the measure would help service members return to teaching and buy back up to five years of credit. The committee also passed Senate Bill 1356 7-0, a broader OMES cleanup bill moving certain functions elsewhere, though members flagged concerns about relocating the state use program and the pay-for-success fund and suggested further study on those sections.

Transcript Highlights:

• If a police officer wearing the uniform, with the city employing or the town employing police officer
• and also a retired police officer, having served for 31 years.
• We have a large police union in the Commonwealth, serving nearly 6,000 police officers and 9-1-1 dispatchers
• officer Stephen LaPorta of the Uxbridge Police Department.
• Thank you for your time. following police officer Stephen reporter of the Uxbridge Police Department,

Bills: S3051, H5380, H5384, H5389, H5420, H5428, H5427, H5429, H5435

Keywords: retirement benefits, police officer, surviving spouse, pension, public service, police chief, deputy police chief, civil service exemption, local governance, Medford, H5384, Craig Riley, Haverhill, firefighter, fire department, civil service, civil service examination, maximum age requirement, age waiver, age exemption

Transcript Highlights:

• Newton to issue pension obligation bonds and notes for the purpose of funding the unfunded pension liability
• A police lieutenant is not a municipal luxury.
• the operational capacity of the Boylston Police Department.
• the operational capacity of the Boylston Police Department.
• So when we started creating... ...appropriate for the police side of it.

Bills: H5426, H5434, S3084, S3087, S3088, S3092

Keywords: North Attleborough, town charter, home rule charter, municipal government, local option, charter amendment, Parks and Recreation Commission, Park Commission, write-in candidate, sticker candidate, ballot access, town election, bylaw, ordinance, board membership, local approval, Tisbury, Martha's Vineyard, planning board, associate members

Summary: The Joint Committee on Municipalities and Regional Government held a hybrid hearing on several local bills and home rule petitions. The first major item was Senate Bill 3092, authorizing the city of Newton to issue pension obligation bonds or notes. Senator Cindy Cream and Mayor Mark Laredo’s chief of staff, Dana Hansen, testified in support, saying the measure would help Newton manage its unfunded pension liability, preserve its AAA bond rating, and create about $10 million in budget flexibility over five years. Senator John Keenan supported the bill but cautioned that pension obligation bonds depend heavily on market timing and assumptions about future funding and hiring. The committee then heard testimony on a Boylston bill, Senate Bill 3088, allowing the town to contract for a newly created police lieutenant position. Boylston officials said the town’s growth and public safety needs justify a second-in-command role with supervisory, internal affairs, and emergency command duties, and that a contract is needed because of the position’s management-level responsibilities. Representative Wells asked why a lieutenant position required a home rule petition, and the chief explained that town counsel advised the arrangement functioned more like an employment contract than a standard personnel-plan position. Next, the committee took up House Bill 5426 for North Attleboro, a charter amendment package. Town Manager Mike Borg said the bill makes limited local changes: correcting charter language, expanding the Board of Health from three to five members, and requiring write-in candidates to meet a minimum vote threshold comparable to ballot candidates. The committee then heard Senate Bill 3087 for Walpole, which would create a water and sewer advisory board and change the governance structure for the town’s water and sewer system. Town officials supported the bill as a way to improve planning and accountability, but several elected water and sewer commissioners and a town meeting member opposed it, arguing it would abolish an elected board, reduce voter representation, and concentrate power in appointed officials. After testimony concluded, the committee adjourned without taking a vote in the hearing.

Transcript Highlights:

• funding the unfunded pension liability of its retirement system.
• The key to a pension obligation bond is finding the right market conditions” “The key to a pension obligation
• A police lieutenant is not a municipal luxury.
• the operational capacity of the Boylston Police Department.
• the operational capacity of the Boylston Police Department.

Bills: H5426, H5434, S3084, S3087, S3088, S3092

Keywords: North Attleborough, town charter, home rule charter, municipal government, local option, charter amendment, Parks and Recreation Commission, Park Commission, write-in candidate, sticker candidate, ballot access, town election, bylaw, ordinance, board membership, local approval, Tisbury, Martha's Vineyard, planning board, associate members

Transcript Highlights:

• It's a local bill that's going to improve policies for the San Antonio Fire and Police.
• Association, the San Antonio Police and Fire Pensioners Association, and the Fund's Board of Trustees
• San Antonio Fire and Police Retiree Healthcare Fund, which I'll refer to as the fund.
• Officers Association, and the San Antonio Fire and Police Pensioners Association.
• At that time, some of our state pension funds and endowment funds were investing in gold.

Bills: SB524, SB782, HB42, HB1056, HB2894, HB3033, HB3474, HB3594, HB4738, HB5246, HB42

Keywords: SB 524, Texas franchise tax, veteran-owned business, new veteran-owned business, business tax exemption, filing fee exemption, Tax Code Chapter 171, Business Organizations Code, Comptroller, small business, veterans, entrepreneurship, tax repeal, privilege tax, beginning date, franchise tax exemption, severance tax, oil, gas, restimulation wells