Transcript Highlights:

• The amendment is accepted and we'll now move into the public hearing.
• We will not vote today since we had a public hearing.
• This bill simply amends that code section which allows and authorizes them.
• maximum annual debt service payable to all authority obligations.
• This bill will give the Alabama ABC board the authority to...

Bills: HB227, HB255, HB465, HB472, HB482, HB483, HB526, HB529, HB484

Keywords: firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness

Transcript Highlights:

• It lowers financing costs, spreads investment over the life of the asset, and allows public ownership
• This bill would add to that authority by saying they may invest in funds that are registered with the
• Investments in these funds can achieve fixed-income investment performance for public portfolios and
• You know, a few years ago we did expand the authority of cities to invest in index funds, and I think
• for public investment performance for public portfolios<00:30:07.679> and<00:30:07.840> the

Bills: HF4348, HF4186, HF4202, HF4455, HF3884, HF3883, HF3882, HF3881, HF2688, HF3295, HF3862, HF3362, HF4242, HF3798

Keywords: HF4186, Minnesota local government finance, housing and redevelopment authority, HRA, public investment authority, qualifying government, State Board of Investment, SBI, index mutual fund, multifamily housing development, long-term equity investment, investment-grade fixed income, federally insured securities, government-sponsored entities, municipal investing, local government investments, housing finance, public funds, investment policy, risk of loss

Transcript Highlights:

• If we fail to invest in housing, we risk losing decades of public investments into the affordable housing
• If we fail to invest in housing, we risk losing decades of public investments into the affordable housing
• Next up, we have Director Coloul from the Public Facilities Authority. >> Thank you. >> Welcome.
• I am the acting executive director of the Public Facilities Authority.
• Investment in public information technology systems, licenses, and data infrastructure.

Bills: HF4736, HF4737, HF3806, HF3352, HF4840, HF3748

Keywords: emergency shelter, grant program, homelessness, capital investment, Minnesota Statutes, appropriation bonds, public funding, housing, infrastructure bonds, funding, appropriation, Minnesota constitutional amendment, public debt, state bonds, general obligation bonds, information technology, IT infrastructure, software licenses, technology modernization, capital improvements

Transcript Highlights:

• with a review of investment performance. with a review of investment performance.
• And so not only that, if you're trying to invest in something for a long term, you're really investing
• you're really investing in the people you're really investing in the people who<00:14:13.120>
• So we actually have two investment So we actually have two investment portfolios.
• Start with investments.

Keywords: Meeting Start: 00:00:01 Attendance Roll Call: 00:01:26 Approval of Minutes: 00:02:27 Investment, Cash Flow, and Legislative Update: Bo Cracraft – Judicial Form Retirement System: 00:03:12 Ryan Barrow – Kentucky Public Pensions Authority: 00:21:52 Beau Barnes – Teachers’ Retirement System: 00:34:31 Adjournment: 01:07:25, 958, all

Summary: The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials. Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach. Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.

Transcript Highlights:

• I believe you have an author amendment. Yes, I do.
• a public meeting.
• a public meeting.
• a public meeting.
• a public meeting.

Bills: HF6, HF52, HF53

Keywords: education, literacy, science of reading, school performance, funding flexibility, innovation zones, equity and inclusion, HF52, New Germany, wastewater treatment, wastewater facility, sewer infrastructure, capital investment, bonding bill, state bonds, Public Facilities Authority, municipal infrastructure, water quality, sanitation, sewage treatment

Transcript Highlights:

• Although we can and should enforce local laws prohibiting camping in public spaces and in public buildings
• less as a housing or public safety issue.
• One of them was the Home Investment Partnership.
• I, the chairman of the Illinois Housing Authority, is working to make sure that public housing in the
• Our public housing authority in Minneapolis has been using modular housing to build scattered side housing

Keywords: affordable housing, government investment, barriers, legislative solutions, public testimony

Summary: The committee meeting focused on addressing the significant issue of affordable housing in America. Members expressed concern over the persistent barriers faced in the housing sector, despite substantial government investment aimed at alleviating these issues. It was highlighted that government interference plays a critical role in complicating the housing landscape, and discussions revolved around potential legislative approaches to mitigate these challenges. Several witnesses provided testimony, contributing to a thorough exploration of the topic.

Transcript Highlights:

• year, the program is operating at approximately a 4-to-1 return, meaning every dollar that has been invested
• Appreciate co-chair Noatne's support of this as well in the public safety committee.

Bills: HF3475, SF3832, HF3508, HF3917, HF3404, HF3593

Keywords: agriculture, education, leadership council, compensation, research institute, dairy assistance, investment relief, agriculture support, food production, economic relief, investment, relief initiative, farm support, medication repository, drug donation, healthcare, Minnesota Statutes, pharmacy, public health, controlled substances

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=nJCB8qaMd0k, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start: 00:00:14 Attendance Roll Call: 00:00:22 Investment, Cash Flow, and Legislative Update: Judicial Form Retirement System: 00:02:03 Kentucky Public Pensions Authority: 00:12:51 Teachers’ Retirement System: 00:36:25 Adjournment: 01:01:20, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• This is authorizing the state treasurer to invest in crypto.
• Um, and I hesitate to use the term "invest."
• It just authorizes; it doesn't require it.
• Investing in cryptocurrency.
• What does his investment look like?

Bills: HB227, HB556, HB543, HB542, HB482, HB483, HB484

Keywords: firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness

Transcript Highlights:

• This authorizes the boards to adopt...
• We have the authority to change it, as we always do.
• What I'm not comfortable with is giving further implied authorization for the Implied authorization for
• It's designed to have public input, to have the opportunity for the public to weigh in, and then to notify
• Chairman, members, Senate Bill 1292 specifies that the investment cap that prohibits the Public Safety

Bills: SB1042, SB1043, SB1067, SB1180, SB1221, SB1292, SB1503, SCR1033

Keywords: public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien

Summary: The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes. The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS. Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.” Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.

Transcript Highlights:

• To the author of the bill, please describe your bill for us. Thank you, Mr. Chair.
• We do support House File 912 and thank the authors for bringing it forward.
• I am the Port Authority Administrator for the City of Bloomington.
• under the temporary transfer authority.
• To the author, would you like to wrap it up? Author: Sure. Thank you, Chair Davis.

Bills: HF2048, HF2360, HF2006, HF950, HF912, HF3140, HF2931

Keywords: individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding

Transcript Highlights:

• And the public agrees.
• And the public agrees. must be a remedy. And the public agrees.
• else in the public wish to testify?
• <01:41:47.440> data period of time it's that's public data period of time it's that's public
• <01:41:53.920> Uh um that's becomes public data. Uh um that's becomes public data.

Bills: HF3477, HF3414, HF103, HF3661, HF3146

Keywords: civil rights, law enforcement, federal collaboration, accountability, state law, constitutional rights, color of law, 42 U.S.C. 1983, section 1983, civil action, damages, injunctive relief, attorney fees, law enforcement task force, federal-state cooperation, intergovernmental agreement, federal agency partnership, Minnesota Constitution, U.S. Constitution, police accountability

Transcript Highlights:

• <00:04:11.120> to committee to know and for the public to committee to know and for the public
• that future investment for projects.
• that future investment for projects.
• public works director. public works director.
• Second, our report offers a investments. And there's a remaining investments.

Bills: HF4470, HF2418, HF3417, HF3365, HF3463

Keywords: HF4470, Melissa Hortman, memorial, statue, memorial garden, State Office Building, Capitol Mall Design Framework, capital investment, appropriation, Capitol Area Architectural and Planning Board, Department of Administration, public art, commemorative monument, landscaping, artist selection, family consultation, Minnesota legislature, state building site, capital appropriation, political subdivisions

Transcript Highlights:

• With a recent record investment from the federal government, including the Infrastructure Investment
• Well-crafted policies and regulations can facilitate public attract investments from across sectors to
• This ensures a return on our investment and public safety.
• We need to reflect back at our prior generations that invested heavily. in our public infrastructure
• This is a public benefit, and a public good, and a really strategic investment. into our economy, and

Keywords: Texas, Infrastructure Report Card, ASCE, population growth, climate change, investment, public safety, engineering standards

Summary: The meeting focused on the release of the 2025 Texas Infrastructure Report Card, highlighting key findings and recommendations for improving infrastructure across various sectors in the state. Julie Jones, Vice President of ASCE Texas, opened the session by introducing key speakers, including Dr. Art Wood and committee co-chairs Griselda Gonzalez and Austin Mazzarelli. Throughout the discussion, the report's grades were revealed, showing the state's infrastructure received an overall grade of 'C'—adequate but requiring significant attention and investment. Emphasis was placed on the rising challenges posed by climate change and increased population growth, underscoring the need for strategic investments in infrastructure to support Texas' economic growth and public safety.

Transcript Highlights:

• House File 4055 provides 4.2 million in bonding through the Public Facilities Authority for critical
• This investment will protect public infrastructure, ensure resident safety, reduce flooding risk, and
• These investments are not an option; they are necessary to support the housing, transportation, public
• That is why it's so important that we fully fund the PFA, Public Facilities Authority, which plays an
• That is why it's so important that we fully fund the PFA, Public Facilities Authority, which plays an

Bills: HF4710, HF4055, HF3848, HF3989, HF4599, HF3767, HF3592, HF3575, HF3574, HF3543, HF4606, HF4489, HF3891, HF3438, HF3811, HF3400

Keywords: capital investment, water infrastructure, sewer systems, public funding, municipal development, Eveleth, wastewater treatment, state bonds, environmental compliance, infrastructure, bonds, economic development, local government, transportation, intersection improvements, Lake Elmo, HF4599, St. Joseph, Minnesota bonding bill, bond proceeds fund

Transcript Highlights:

• Lisa we're going to roll through public Lisa we're going to roll through public testimony<00:09:
• I'm a wife, mother of six, teacher, and author of *Faith in Action*, a Substack publication.
• This overstep of authority is typically coming from a non-related adult in a place of authority.
• This overstep of authority is typically coming from a non-related adult in a place of authority.
• This overstep of authority is typically coming from a non-related adult in a place of authority.

Bills: HF22, HF45

Keywords: parent's bill of rights, parental rights, minor consent, minors, parents, guardians, education rights, school records, home schooling, charter school, private school, health care consent, medical privacy, patient records, exam room access, biometric data, DNA samples, blood samples, mental health, physical health

Transcript Highlights:

• The other two would like to give public comment. Eric, would you like to give public comment? Sure.
• Those in support, would you like to give public comment? Very many members.
• Those speaking in support, would you like to give public comment?
• The money is invested with the state investment council.
• The money is invested with the state investment council.

Bills: SB61, SB62, SB99

Keywords: rural libraries, funding, cultural affairs, education, community support, appropriation, state investment, public resources, 996, all

Transcript Highlights:

• revenue notices since statutory author revenue notices since statutory author authorization<00:04
• . authority. authority.
• authority and that it expires in 2025. authority and that it expires in 2025.
• temporary authority for now. temporary authority for now.
• author you'd like to wrap it up. Sure. author you'd like to wrap it up. Sure.

Bills: HF2048, HF2360, HF2006, HF950, HF912, HF3140, HF2931

Keywords: individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding

Transcript Highlights:

• Continued investment in the RFA is not just an investment in individual farms or farmers; it is an investment
• Continued investment in the RFA is not just an investment in individual farms or farmers; it is an investment
• Continued investment in the RFA is not just an investment in individual farms or farmers; it is an investment
• What do we have to show for the public investment over these years?”
• > years the public investment over these years the public investment over these years what<01:

Bills: HF770, HF857, HF38, HF1500, HF43

Keywords: HF770, Rural Finance Authority, RFA, capital investment, state bonds, general obligation bonds, bonding bill, agricultural loans, farm loans, beginning farmer, new farmer, seller-sponsored loans, loan restructuring, agricultural improvement loans, livestock expansion, modernization loans, rural development, Minnesota agriculture, farm credit, chapter 41B

Transcript Highlights:

• Chair and members, House Bill 2303 requires the State Treasurer only invest in safe investments that
• Additionally, the bill prohibits the State Treasurer from investing in speculative investments and using
• Chair, members, the bill does define speculative investments as high-risk financial investments on assets
• Speculative investments as high-risk financial investments on assets whose values are expected to increase
• investment.

Bills: HB2056, HB2202, HB2207, HB2224, HB2303, HB2344, HB2532, HB2759, HB2798

Keywords: brackish water, groundwater, desalination, water resources, feasibility study, environmental impact, dementia care, telementoring, healthcare education, rural communities, grant funding, braille, disability access, education funding, state corrections, inclusion, produce incentive, agriculture, economic support, funding

Summary: The Appropriations Committee met on January 28 and heard several bills, beginning with member and staff introductions and a reminder about amendment deadlines. HB 2056 would appropriate $100,000 to the Arizona Department of Water Resources for a feasibility study of brackish groundwater desalination sites; the sponsor said Arizona should explore potential water supplies amid Colorado River concerns. A witness opposed the bill, and members debated whether brackish groundwater should be treated as a resource or a threat to aquifers. The committee approved HB 2056 on an 11-6 vote, with one member not voting. The committee then considered HB 2798, as amended, which would provide $100,000 to the University of Arizona/Arizona Geological Survey to compile data on materials related to nuclear energy, including thorium and other non-uranium fuels. The sponsor framed the bill as an economic development and national security effort, while opponents questioned whether Arizona has enough of the material to justify public spending. The University of Arizona supported the work as within the Geological Survey’s mission. The committee adopted the amendment and passed the bill 11-5, with one member present and one not voting. HB 2303 would codify investment rules for the State Treasurer, requiring safety and principal preservation ahead of return and prohibiting speculative investments and insider-benefit conduct. The Treasurer’s Office said the bill reflects current policy and ethics rules already in place, and members asked about how “speculative” would be defined and whether the bill would affect other investment-related statutes. The committee passed the bill 15-0, with two members present and one not voting. HB 2344 would require the Treasurer to manage the local government investment pool and allow a third-party backup only in emergencies; the Treasurer’s Office argued this preserves a low-cost, high-liquidity service for local governments, while some members questioned whether it limited future Treasurers’ discretion. The committee passed HB 2344 12-2, with three present and one not voting. Later, the committee heard HB 2759, which would appropriate $500,000 to the Department of Veterans’ Services to partner with an educational institution in Yavapai County for veteran programs. A retired Navy SEAL and campus veterans coordinator described emergency housing, equipment, and professional-development needs for student veterans at Embry-Riddle, while several members supported the effort and others objected to using state funds for a private institution or a county-specific program. The bill passed 11-6, with one not voting. The committee also passed HB 2207, appropriating $300,000 for the prison Braille transcription program, after testimony that the program trains inmates in a skilled trade and has had no recidivism among released participants; it passed 17-0, with one not voting. Finally, HB 2224, as amended to reduce the appropriation from $2 million to $1 million, would fund the Double Up Food Bucks produce incentive program through SNAP. Supporters said it helps families, farmers, and local economies and can improve health outcomes, while members discussed budget constraints; the committee approved the amended bill after testimony from program advocates and farmers.