Video & Transcript Research : 'state insurance fund'

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LA

Louisiana 2026 Regular Session

Finance May 13th, 2026

Finance

Transcript Highlights:
  • We really need to recognize that the state needs to fully fund this to an appropriate level, because
  • This is not State General Fund money.
  • No impact to the State General Fund. No, sir. Okay.
  • Please state your name.
  • The actual fund is for payment of cleanup sites for the state.
AL

Alabama 2025 Regular Session

Alabama House Fiscal Responsibility Committee Feb 19th, 2025

Fiscal Responsibility

Transcript Highlights:
  • It's not subject to state income tax.
  • But that funding will drop a little bit.
  • This bill is simply coming up with a new system to fund a total increase for retired state employees
  • Over that period, they weren't funded to RSA.
  • The funding liability represented...
Bills: SB45, SB73, SB169, HB243, SB177
OK
Transcript Highlights:
  • It's basically consolidating state statute and state rules into one act that can be overseen by the legislature
  • A gentleman moved here from out of state. His former state allowed applicants to self-certify.
  • Most state questions do have a little ambiguity to them.
  • , and 60-day for a... ...and out of state, and 60-day for in-state.
  • commercial vehicles, so we did say in-state commercial vehicles.
WA

Washington 2025-2026 Regular Session

House Labor & Workplace Standards Feb 24th, 2026 at 10:30 am

Labor & Workplace Standards

Transcript Highlights:
  • workers to receive unemployment insurance benefits in some circumstances.
  • State Senator Steve Conway representing the 29th Legislative District.
  • And this keeps the funding out of our budget problems that we have currently.
  • state or local governments.
  • state or local governments.
Bills: SB6134, SB6136, SB6188
Summary: The Labor and Workplace Standards Committee held public hearings on several labor-related bills. Senate Bill 6197 would change plumbing license suspension standards from three violations in three years to five violations in five years, remove the requirement that the Advisory Board of Plumbers recommend suspension, and require L&I enforcement updates; the sponsor and industry witnesses said the revised version was stakeholder-supported, though some wanted clarification about how prior infractions would be treated. Senate Bill 6134 would require the Employment Security Department to notify striking workers applying for unemployment benefits that they may later owe overpayments if they receive retroactive wages; testimony generally supported the bill as a safeguard. Senate Bill 5292 would replace the PFML program’s statutory look-back premium formula with a forward-looking actuarial rate-setting method while keeping the 1.2% cap; labor, business, and advisory board witnesses supported it, while one policy witness supported the rate-setting change but opposed the added four-month reserve requirement. Senate Bill 6106 would amend the state WARN-style layoff notice law to exempt tribes and protect employee names and addresses from public disclosure; ESD and business supported the privacy and tribal-government changes, while agricultural witnesses asked for a separate seasonal agriculture fix. The committee also heard testimony on SB 6197 from plumbing industry groups, with support for stronger enforcement but disagreement over retroactive treatment of infractions. In executive session, the committee acted on six bills. It adopted amendments and reported out Engrossed Second Substitute Senate Bill 5847, which expands access to medical care in workers’ compensation, including allowing some out-of-network attending providers and authorizing additional claims managers; the bill passed 7-2. Substitute Senate Bill 6014, a cleanup bill correcting a date typo and protecting sensitive L&I records from public disclosure, passed unanimously. Substitute Senate Bill 6039, allowing L&I to use electronic communications while preserving a non-electronic option, also passed unanimously. Engrossed Senate Bill 6058, giving L&I discretion to prioritize wage complaints, passed unanimously after a clarifying amendment. Senate Bill 6136, requiring publication of actuarial indicated workers’ compensation rates and disclosure when rates are set below those levels, passed unanimously. Senate Bill 6188, which would expand L&I’s asbestos rulemaking authority, passed 6-3 after the committee rejected an amendment that would have restored current-law limits and tied rules to the EPA model plan.
TX

Texas 89th Regular

Appropriations Apr 15th, 2025

Appropriations

Transcript Highlights:
  • of state funds.
  • Thirty states already have programs like the Texas Future Fund.
  • So in my venture fund, it's a $50 million fund, and the state of New Mexico, their State Investment Council
  • We've got a lot of insurance work we need to do in this state.
  • that the insurance industry helps fund to help fight fires.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/26/25

Commerce Finance and Policy

Transcript Highlights:
  • Minnesota has seen a number of insurers leave our state market in the last couple of years, and we are
  • in</c><00:10:40.120><c> the</c> insurers leave our state Market in the insurers leave our state Market
  • I'm here today to advocate for House File 2215, a state-run low-cost auto insurance program, which is
  • The state as you have heard from others, basic liability insurance is priced on non-driving factors such
  • of the auto insurance premiums in<01:41:08.480><c> the</c><01:41:08.599><c> state</c><01:41:09.360><
LA

Louisiana 2026 Regular Session

Appropriations Mar 30th, 2026

Appropriations

Transcript Highlights:
  • The House Bill 311 increases OSE's funding. The House Bill 311 increases OSCE's funding.
  • But their budget and the nine collections on some of the IPT, the insurance premium tax funds, have not
  • And if you don't lift the cap, the money right now just goes into the fund, the environmental trust fund
  • And if you don't lift the cap, the money right now just goes into the fund, the environmental trust fund
  • We have had the funds available in the hazardous waste cleanup fund.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 9th, 2026 at 06:36 pm

House Appropriations & Finance

Transcript Highlights:
  • Trust Fund and not in place of it, so the state...” “...addition to the Housing New Mexico Housing Trust
  • Fund and not in place of it so the state can continue to address the full range of housing needs.
  • Drinking Water State Revolving Loan Fund, $2 million to the Local Government Planning Fund, and $5 million
  • Drinking Water State Revolving Loan Fund, $2 million to the Local Government Planning Fund, and $5 million
  • fund.
Bills: HB63, HB64, HB184, HB200, HB47, HB48, HB2, HB9
TX

Texas 89th 2nd C.S.

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • According to the Department of State.
  • We're not doing this for money, we just need help with funding.
  • Program in a pediatric subspecialty for medical in the state.
  • It doesn't cost the state any money.
  • state auditor's office.
Bills: HB232
TX

Texas 89th 2nd C.S.

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • If we secure fund, if we secure funding commitments in the next 12 to 18 months, a formal proposal to
  • Throughout Texas and the United States.
  • We just need help with funding.
  • It doesn't cost the state any money.
  • Several states have already passed similar legislation to this.
Bills: HB232
OK

Oklahoma 2026 Regular Session

Business and Insurance REVISED Feb 5th, 2026 at 09:30 am

Business and Insurance

Transcript Highlights:
  • Welcome to Business and Insurance.
  • I mean, that is the contention that I've heard from insurance companies.
  • The insurance commissioner has been involved all the way back in 24.
  • Senate Bill 2067 will update as Other states have already done the process of a state law so that financial
  • That concludes business and insurance.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Feb 19th, 2025

Ways and Means General Fund

Transcript Highlights:
  • However, they do not put their children on insurance because the state will do it for Medicaid.
  • We want you to also just tell us if you have private insurance and how... ...if you have private insurance
  • third-party insurance.
  • If you have private insurance that will not put you at or below poverty, then you will get private insurance
  • The state gets the...
TX

Texas 89th Regular

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • For a four-year period, that is a delta of more than $100,000. is primarily paid by our state funding
  • Texas led the country to become the first state to pass in-state tuition and 24 other states.
  • This is a system all students and their parents pay into by way of local, state, and federal funding.
  • for state-funded financial aid.
  • the state.
Bills: HB232
WA

Washington 2025-2026 Regular Session

House Labor & Workplace Standards Feb 25th, 2026 at 08:45 am

Labor & Workplace Standards

OK
Transcript Highlights:
  • This piece of legislation is the piece of legislation that funds our state government.
  • in the state of Oklahoma at $250. ...is to fund the first 50,000 kids born in the state of Oklahoma at
  • At the end of the day, the state of Texas has kind of pulled back their funding.
  • At the end of the day, the state of Texas has kind of pulled back their funding.
  • public school funding, you can't just talk about state aid.
Summary: The House convened, completed the roll call, received an invocation focused on grief and remembrance, and heard several special presentations recognizing a brave child, visiting groups, and multiple student-athlete teams and school groups in the galleries. The chamber also introduced the Doctor of the Day and Nurse of the Day. The main business was consideration of the Joint Committee report on Senate Bill 1177, the general appropriations bill, presented by Chairman Caldwell-Trey. Most of the floor time was spent on extended questions about the budget’s major features. Caldwell-Trey explained the bill as a largely flat or modestly increased budget that includes a $200 million transfer to a new sovereign wealth fund, $225 million in set-asides, a $12.5 million “dream accounts” program for newborns, and funding tied to teacher pay, education, workforce, public safety, agriculture, and health agencies. Members questioned the use of one-time funds for recurring expenses, the reduction in state contributions to the OPRS pension system, Medicaid assumptions, emergency management funding, veterans’ services, child care, school counselors, and the lack of funding for some requested items such as National Board Certified Teacher stipends and veterans’ facility maintenance. Caldwell-Trey defended the budget as transparent, early, and designed to preserve cash reserves while supporting core services. No final vote on the appropriations report is reflected in the transcript excerpt. The House also heard explanations that the limits bills would be run later in committee, and that the budget negotiations were still ongoing with the Senate and governor on some related items. The session ended with the queue closed after the budget questioning, and the transcript cuts off during additional remarks from Representative Timmons.
OK
Transcript Highlights:
  • This piece of legislation is the... ...piece of legislation that funds our state government.
  • As for the conversation around the specific fund, we'll pull it up and look at the exact specific fund
  • Take money out of this fund the way we did out of the Revenue Stabilization Fund.
  • instance, the CLO Fund.
  • It's worked; all of our pension funds in the state of Oklahoma are now healthier than they were 10 years
WA

Washington 2025-2026 Regular Session

House Labor & Workplace Standards Feb 20th, 2026 at 10:30 am

Labor & Workplace Standards

Transcript Highlights:
  • I think they're state or kind of state-owned, but I'm not really positive.
  • Committee members, Chris Teft from the self-insurers.
  • So I'll just be brief and say that, although it is a state fund remedy largely, coming from the self-insured
  • So, but we’re limited today by the state law, by the authority in that state law.” “Understood. Mr.
  • to raise money and fund the city.
Bills: SB6136, SB6188, SB5944
Summary: The Labor and Workplace Standards Committee held public hearings on several Labor and Industries-related bills. SB 6039 would allow L&I to send notices electronically, with an opt-out option for recipients; the sponsor and L&I described it as a simple modernization and transparency measure. SB 6136 would require L&I to publish actuarially indicated workers’ compensation rates and explain when rate increases are capped below those levels; the sponsor said it would show when reserve funds are used to hold rates down and improve transparency. SB 6188 would expand L&I’s authority to set asbestos certification rules beyond only those specifically required to match federal law; the sponsor and L&I said it was needed to strengthen worker safety and training standards, while a business group raised concern about diverging from federal rules. SB 6014 would make technical fixes to pregnancy and postpartum workplace accommodation law, including a public records exemption for complainants and participants in investigations and a correction to a cross-reference so basic accommodations remain protected without a doctor’s note requirement; a supportive witness said it restored the intended standard and protected privacy. SB 6058 would give L&I discretion to investigate wage complaints under the Wage Payment Act and allow penalties for willful violations when the department initiates an investigation; L&I supported the bill and requested an amendment already adopted in the House companion to reduce costs and avoid conflict with another wage recovery bill. The committee then took executive action on five bills. E2SSB 5061, requiring annual prevailing wage adjustments in public works contracts, was amended to allow a change order only when the wage increase exceeds 5% and to delay the effective date to July 1, 2028; the committee adopted the effective-date amendment but rejected the change-order amendment, then passed the bill 7-2. SSB 5874, allowing ESD to waive penalties for minor unemployment insurance reporting errors, passed 9-0. SB 5944, making missed-appointment payments part of bargained compensation for language access providers, also passed 9-0. SSB 5972, expanding binding interest arbitration for correctional officers in city and county jails regardless of county size, had two proposed amendments to limit the binding effect and require consideration of employer finances; both were rejected, and the bill passed 8-1. ESSB 6302, requiring L&I to investigate possible misclassification when three or more independent contractors perform finishing work on a public works project, passed 9-0. The committee then adjourned.
NM

New Mexico 2026 Regular Session

Senate - Conservation Feb 5th, 2026 at 09:09 am

Senate Conservation

Transcript Highlights:
  • So far, no property and casualty insurer has left the state.
  • That an insurance company offering insurance anywhere in the state would be required to offer insurance
  • There is no state funding. So, Madam Chair, Senator, and Ms.
  • Water State Revolving Loan Fund.
  • Martinez, with these projects typically being 100% funded from state funds, or... ...being 100% funded
Bills: SB154, SB187, SB193, SM3
TX

Texas 89th Regular

Business and Commerce May 15th, 2025

Business & Commerce

Transcript Highlights:
  • I would love to see the state fund pure research more, and you cooperate with them more.
  • First, it uses state-funded financing rather than securities for TWIA to fund excess losses and operating
  • Second, it would create catastrophic surcharges to repay state-funded financing.
  • After you go through TRIA funds, CRTF funds, and loans from the state up to a billion dollars, ... years
  • And after you go TRIA funds, CRTF funds, loans from state up to a billion dollars, ...funds, loans from
Summary: The committee first handled pending business, including reconsidering SB 715 and then voting out several measures. The committee substitute for SB 1978 was reported favorably, and HB 431, HB 1522, HB 1922, HB 3228, HB 3229, HB 3803, HB 3804, HB 3805, HB 3806, HB 4219, HB 4238, HB 434, HB 1584, and HB 4739 were all reported favorably, many with objections sent to the local and uncontested calendar. HB 1522 and HB 4238 were adopted as committee substitutes before passage. The committee then moved into public testimony on HB 2963, a right-to-repair bill for consumer electronics. Supporters argued it would reduce waste, lower costs, and help independent repair shops by requiring manufacturers to provide parts, tools, and information on fair terms, while opponents said the bill was too broad and the automotive MOU exemption was problematic. The bill was left pending after testimony. The committee also heard HB 2467, which would align State Fire Marshal Office investigators’ pay with other commissioned peace officers at TDI; testimony was strongly supportive, emphasizing the office’s arson-investigation role, and the bill was left pending. HB 252, a bill allowing certain state agencies flexibility to pay Schedule A employees twice monthly, was laid out and left pending after limited testimony. HB 2468, dealing with public improvement district notice in real estate transactions, would let buyers terminate within seven days if required PID notice was not provided before contract execution; it drew no public testimony and was left pending. HB 4386, an annuity exchange and surrender process bill, was presented as a consumer-protection measure with deadlines and penalties for insurer delays; it received support from industry witnesses and was left pending. The committee then heard HB 4751, creating the Texas Quantum Initiative within the Governor’s Office to coordinate quantum research, workforce, industry partnerships, and possible future grant funding. Witnesses from universities and industry supported the bill, while several senators questioned whether a new state structure was necessary; the bill was left pending. HJR 175 proposed a constitutional amendment protecting Texans’ right to use mutually agreed forms of exchange, including cash, bullion, digital currency, or private script, and was discussed at length in the context of central bank digital currency and barter; it was left pending after testimony. HB 2221, updating insurance anti-rebating laws to allow wellness and value-added services, drew supportive testimony from the insurance industry and discussion about incentives versus monitoring; it was also left pending. Finally, the committee heard a series of utility wildfire and infrastructure bills: HB 106, requiring oil and gas operators to maintain certain electrical infrastructure near well sites; HB 144, requiring electric utilities to submit pole inspection and management plans to the PUC; and HB 145, requiring wildfire mitigation plans and allowing self-insurance under certain conditions. Utility, insurance, and cooperative witnesses generally supported the wildfire-related bills while asking for clarifications and less burdensome reporting, and the bills were left pending.
TX

Texas 89th 2nd C.S.

Business and Commerce May 15th, 2025

Business & Commerce

Transcript Highlights:
  • that, or is that department being set up so that the state realizes the value of it and funds money
  • I would love to see the state fund pure research more, and you cooperate with them more.
  • First, it uses state-funded financing rather than securities for TWIA to fund excess losses and operating
  • Second, it would create catastrophic surcharges to repay state-funded financing.
  • And after you go TRIA funds, CRTF funds, loans from state up to a billion dollars, Funds, loans from
Summary: The committee first handled pending business, including reconsidering a failed vote on SB 715 and then reporting several measures favorably. SB 1978 was reported from committee on a committee substitute, and a series of House bills — including HB 431, HB 1522, HB 1922, HB 3228, HB 3229, HB 3803, HB 3804, HB 3805, HB 3806, HB 4219, HB 4238, HB 434, HB 1584, and HB 4739 — were moved out of committee, most to the local and uncontested calendar. The votes on these items were overwhelmingly or unanimously in favor, with committee substitutes adopted where applicable. The committee then heard HB 2963, a right-to-repair bill for consumer electronics. The author said the bill would require manufacturers to provide parts, tools, and documentation on fair and reasonable terms while preserving trade secrets and excluding certain categories such as medical devices, motor vehicles covered by an MOU, critical infrastructure, and commercial-only transactions. Supporters from the Texas Public Policy Foundation and Environment Texas argued it would strengthen property rights, help small businesses, and reduce e-waste. Opponents, including representatives of SafeLight Auto Glass and LKQ, said they supported right-to-repair in principle but objected to the bill’s automotive MOU exemption and broader scope, warning it could create uncertainty and leave some manufacturers and repair shops outside the framework. The bill was left pending after testimony. Members also heard HB 2467 on salary parity for State Fire Marshal investigators, HB 252 on allowing some state agencies to pay certain employees twice monthly, HB 2468 on public improvement district notice and a buyer’s right to terminate, HB 4386 on annuity contract exchanges and surrender timelines, HB 4751 creating a Texas Quantum Initiative and related fund, and HJR 175 proposing a constitutional amendment protecting Texans’ ability to use mutually agreed-upon mediums of exchange, including cash, bullion, and digital currency. Testimony on HB 4751 was largely supportive but included questions about whether the state needs a new coordinating structure and funding mechanism for quantum research and commercialization. HJR 175 drew discussion about barter, taxes, and concerns over central bank digital currency. Each of these items was left pending after hearing testimony. The committee also heard HB 2221, which would update insurance anti-rebating laws to allow more wellness and value-added services in life and health insurance, with supporters saying it would encourage healthier behavior without requiring data monitoring. Finally, the committee took up a package of utility and wildfire-related bills from Chairman King’s portfolio: HB 106, requiring oil and gas operators to maintain certain overhead electrical lines; HB 144, requiring utilities to submit pole inspection and management plans to the PUC; and HB 145, requiring wildfire mitigation plans and allowing utilities to self-insure under certain conditions. Utility, co-op, and insurance representatives generally supported the safety and resiliency goals of HB 144, while asking for clarifications and less frequent reporting; HB 145 was introduced as a broader wildfire-risk and liability measure. These bills were also left pending after testimony.