Penson Fund Solvency Back on Legislative Agenda

Sol­vency plans are back on the front burner.  Last night, Sen­ate Finance gave a do pass to the PERA sol­vency plan that now fea­tures an employer con­tri­bu­tion increase of .4 per­cent rather than 1.5 per­cent.  Sig­nif­i­cantly, the PERA plan only achieves 90 per­cent or so of sol­vency.  Com­mit­tee chair John Arthur Smith (D-Deming) agreed to it, with the caveat that “we’re not suc­cess­ful with our bal­anc­ing act, so the Rhode Island plan is get­ting higher and higher on our radar screen.”  The RI plan elim­i­nates the COLA and sets retire­ment age at 65.

The ERB sol­vency plan, in HB 64, head­lines tomorrow’s floor sched­ule in the House.

Both the House and Sen­ate are due back on the floor at 10 a.m.

HOUSE THIRD READING OF LEGISLATION

1. HOUSE BILL 64. AN ACT RELATING TO PENSIONS; AMENDING THE EDUCATIONAL RETIREMENT
ACT; INCREASING CERTAIN MEMBERS’ CONTRIBUTION RATES; CHANGING THE BENEFITS FOR NEW
MEMBERS BY IMPOSING A MINIMUM RETIREMENT AGE, DELAYING THE COST-OF-LIVING
ADJUSTMENT ELIGIBILITY AND INCREASING THE AGE AND SERVICE RETIREMENT REQUIREMENTS.
(STEWART — ENDORSED BY THE LEGISLATIVE EDUCATION STUDY COMMITTEE) (LABOR AND
HUMAN RESOURCES 5–4) (EDUCATION 11–2) (APPROPRIATIONS AND FINANCE 12–5; 1E)

2. HOUSE EDUCATION COMMITTEE SUBSTITUTE FOR HOUSE BILL 67. AN ACT RELATING TO PUBLIC
EDUCATION; REQUIRING THE PUBLIC EDUCATION DEPARTMENT’ TO ADOPT AND IMPLEMENT THE
NEXT GENERATION SCIENCE STANDARDS; REQUIRING THE MATHEMATICS AND SCIENCE
ADVISORY COUNCIL TO MAKE RECOMMENDATIONS FOR THE PUBLIC EDUCATION DEPARTMENT’S
IMPLEMENTATION; REQUIRING REPORTING. (EDUCATION 7–6) (APPROPRIATIONS AND FINANCE 10–
8)

8. HOUSE EDUCATION COMMITTEE SUBSTITUTE FOR HOUSE BILL 424. AN ACT RELATING TO PUBLIC
EDUCATION; PROVIDING FOR SCHOOL DISTRICTS TO FORM EARLY COLLEGE HIGH SCHOOLS;
EXEMPTING EARLY COLLEGE HIGH SCHOOLS FROM CERTAIN OPERATIONAL FUNDING FORMULA
UNITS AND CAPITAL OUTLAY FUNDS. (EDUCATION 11–0; 2E)

9. HOUSE BILL 492. AN ACT RELATING TO PROCUREMENT; CLARIFYING REQUIREMENTS FOR
CERTIFICATION TO RECEIVE A RESIDENT PREFERENCE FOR A BUSINESS OR CONTRACTOR
PREVIOUSLY CERTIFIED AS A RESIDENT BUSINESS OR CONTRACTOR; ALLOWING THE TAXATION
AND REVENUE DEPARTMENT TO SUSPEND OR REVOKE THE CERTIFICATION OF A BUSINESS OR
CONTRACTOR PREFERENCE IN CERTAIN CIRCUMSTANCES. (LARRANAGA & SEN. KELLER)
(BUSINESS AND INDUSTRY 11–0) (TAXATION AND REVENUE 11–0; 4E)

10. HOUSE JOINT MEMORIAL 30. A JOINT MEMORIAL REQUESTING THE LEGISLATIVE EDUCATION
STUDY COMMITTEE TO CONVENE A WORK GROUP TO STUDY THE USE OF STANDARDIZED TEST
SCORES FOR PURPOSES OTHER THAN THOSE FOR WHICH THE TEST WAS DESIGNED. (STEWART)
(EDUCATION 6–5; 2E)

12. HOUSE MEMORIAL 45. A MEMORIAL REQUESTING THE ECONOMIC DEVELOPMENT DEPARTMENT,
THE WORKFORCE SOLUTIONS DEPARTMENT, THE PUBLIC EDUCATION DEPARTMENT, THE BUREAU
OF BUSINESS AND ECONOMIC RESEARCH AT THE UNIVERSITY OF NEW MEXICO AND THE
ARROWHEAD CENTER AT NEW MEXICO STATE UNIVERSITY TO COORDINATE EFFORTS TO ALIGN
THE EDUCATION AND TRAINING PROVIDED TO NEW MEXICO STUDENTS TO THE TYPES OF
EMPLOYMENT AVAILABLE IN THE STATE. (McCAM­LEY) (EDUCATION 7–4; 2E)

13. HOUSE MEMORIAL 48. A MEMORIAL REQUESTING THAT THE DEPARTMENT OF HEALTH AND
UNIVERSITY OF NEW MEXICO HOSPITALS CONDUCT A FEASIBILITY STUDY AND DEVELOP A
MEMORANDUM OF UNDERSTANDING WITH OTHER HEALTH PROVIDERS TO CREATE A LIVER
TRANSPLANTATION INSTITUTE IN NEW MEXICO. (LUNDSTROM) (HEALTH, GOVERNMENT & INDIAN
AFFAIRS 8–0; 3E)

HOUSE TEMPORARY CALENDAR

3. HOUSE BILL 53. AN ACT RELATING TO EDUCATION; ENACTING THE TEACHER LOAN REPAYMENT
ACT; CREATING THE TEACHER LOAN REPAYMENT FUND; MAKING AN APPROPRIATION.
(STAPLETON) (EDUCATION 12–0; 1E) (APPROPRIATIONS AND FINANCE 18–0)

5. HOUSE BILL 71, as amended. AN ACT RELATING TO HIGHER EDUCATION; AUTHORIZING THE GALLUP
BRANCH OF THE UNIVERSITY OF NEW MEXICO TO BECOME AN INDEPENDENT COMMUNITY
COLLEGE; PROVIDING FOR A TRANSITION PERIOD; REQUIRING THE HIGHER EDUCATION
DEPARTMENT TO ASSIST IN A FEASIBILITY STUDY. (LUNDSTROM) (EDUCATION AMENDED 11–0;
2E) (APPROPRIATIONS AND FINANCE 18–0)

11. HOUSE BILL 215. AN ACT RELATING TO EDUCATION; REMOVING ADEQUATE YEARLY PROGRESS
REQUIREMENTS AND ASSOCIATED INCENTIVE FUNDING FOR PUBLIC SCHOOLS; REQUIRING THE
PUBLIC EDUCATION DEPARTMENT TO REPORT RECOMMENDED CHANGES TO LAWS TO COMPORT
WITH FEDERAL REQUIREMENTS; RECONCILING MULTIPLE AMENDMENTS TO THE SAME SECTION
OF LAW IN LAWS 2007. (ROCH) (EDUCATION 10–0; 3E) (APPROPRIATIONS AND FINANCE 18–0)

SENATE THIRD READING OF LEGISLATION:

(8) SENATE PUBLIC AFFAIRS COMMITTEE SUBSTITUTE FOR (LOPEZ)
SENATE BILL 48 LARGE EMPLOYERS IN HEALTH INSURANCE EXCHANGES

(19) SENATE BILL 443 GOVERNMENT PROCUREMENT REQUIREMENTS (RUE)

25) SENATE FINANCE COMMITTEE SUBSTITUTE FOR (BEFFORT)
SENATE BILL 86 PUBLIC EMPLOYEE AVERAGE SALARY CALCULATIONS

HOUSE SCHEDULE OF COMMITTEE HEARINGS

HOUSE APPROPRIATIONS AND FINANCE COMMITTEE — HENRY “KIKI” SAAVEDRA, CHAIRMAN
Wednes­day, Feb. 27, 2013 — 1:30 pm — Room 307
ALL SCHEDULES ARE SUBJECT TO REVISION
HB 401 /a STATE INVESTMENT IN TECH TRANSFER COMPANIES (TRUJILLO CA)
CS/ HB 158 SCHOOL PERFORMANCE-BASED BUDGETING (LUNDSTROM)

Thurs­day, Feb. 28, 2013 — 1:30 p.m. — Room 307
SUBCOMMITTEE “A” – NICK L. SALAZAR, CHAIRMAN
HB 471 EXPAND UNM FOCUS & MILAGRO PROGRAMS (TRUJILLO CH)

Thurs­day, Feb. 28, 2013 — 1:30 p.m. — Room 318
SUBCOMMITTEE “B” – RODOLPHO MARTINEZ, CHAIRMAN
HB 590 UNM JULIAN SAMORA LEGACY PROJECT (MARTINEZ WK)
HB 530 NEW MEXICO BOWL (GENTRY)
HB 501 UNM MANUFACTURING ENGINEERING PROGRAM (HARPER)
HB 283 TRIBAL COLLEGE DUAL CREDIT PROGRAM FUND (MADALENA)
HB 512 UNM RADIOACTIVE MINING WASTE STUDY (MADALENA)
HB 549 UNM INDIGENOUS DESIGN & PLANNING INSTITUTE (MADALENA)
HB 209 AUTISM SPECTRUM DISORDER SERVICES (THOMSON)

HOUSE EDUCATION COMMITTEE — MIMI STEWART, CHAIRMAN
Wednes­day, Feb­ru­ary 27, 2013 — 8:00 a.m. — Room 317
HB 481 /a EVIDENCE OF TEACHER COMPETENCY (STAPLETON)
* HB 513 CERTAIN SCHOOL TESTS AS COMPETENCE (STEWART)

Sat­ur­day, March 2, 2013 — 8 a.m. — Room 317
HB 586 LOTTERY SCHOLARSHIP REQUIREMENTS (SMITH)
HB 493 GEOSPATIAL DATA CLEARINGHOUSE AT UNM (EASLEY)

SENATE SCHEDULE OF COMMITTEE HEARINGS

FINANCE COMMITTEE — Sen­a­tor John Arthur Smith, Chairman
Wednes­day, Feb. 27, 2013 — 1:30 p.m. or 1/2 hr. after ses­sion — Room 322
SB 340 $10 MILLION MINIMUM DESIGN & BUILD PROJECTS (INGLE)
SB 341 BUILDING & REMODEL CONTRACT THRESHOLD AMOUNT (INGLE)

CORPORATIONS AND TRANSPORTATION COMMITTEE — Sen­a­tor Phil A. Griego, Chair­man
Wednes­day, Feb. 27, 2013 — 2 p.m. or 1/2 hr. after ses­sion — Room 311
SB 416 RAISE MINIMUM WAGE (MARTINEZ)

EDUCATION COMMITTEE — Sen­a­tor John M. Sapien, Chair­man
Fri­day, March 1, 2013 — 8 a.m. — Room 311
SB 418 TEACHER LICENSURE CONTENT KNOWLEDGE (KERNAN)
SB 475 EVIDENCE OF TEACHER COMPETENCY (MORALES)

JUDICIARY COMMITTEE — Sen­a­tor Richard C. Mar­tinez, Chair­man
Wednes­day, Feb. 27, 2013 — 2:30 p.m. or 1/2 hr. after ses­sion — Room 321
C/SB 313 BIOMEDICAL RESEARCH ACT (O’NEILL)

PUBLIC AFFAIRS COMMITTEE — Sen­a­tor Ger­ald Ortiz y Pino, Chair­man
Thurs­day, Feb. 28, 2013 — 2 p.m. or 1/2 hr. after ses­sion — Room 321
C/SB 633 STATE EMPLOYEE 3% RAISES (MORALES)
SB 567 DENTAL THERAPIST-HYGIENIST LICENSURE (CISNEROS)

Bills Acted on: Feb. 26, 2013

HB 20EQUITY INVESTMENTS FOR COLLEGE ENDOW­MENTSRoberto “Bobby” J. Gon­za­les
Tim­o­thy M.KellerSECHPREF [2] HEC/HAFC-HEC [22] DP/a-HAFC [32] DP [34] PASSED/H (62–0) [23] SEC/SFC-SEC

HB 66HEALTH CARE COVERAGE I.D. CARDS­Bill McCam­ley
SCORC[2] HHGIC/HJC-HHGIC [17] DNP-CS/DP-HJC [32] DNP-CS/DP [34] fl/a– PASSED/H (68–0) [23] SCORC/SJC-SCORC

HB 71UNM-GALLUP AS COMMUNITY COL­LEGEPa­tri­cia A. Lund­strom
HCAT[2] HEC/HAFC-HEC [26] DP/a-HAFC [34] DP-T

HB 204NURSE EDUCATOR HIGHER DEGREE FUND­INGTerry H. McMil­lan
SEC[6] HHGIC/HEC-HHGIC [24] DP-HEC [32] DP/a [34] PASSED/H (70–0) [23] SEC/SFC-SEC

HB 367DENTAL THERAPISTS ACT­Ed­ward C. San­doval
HBIC[12] HHGIC [32] DP [34] ref HBIC-HBIC

SB 366COMBINE PRESCRIPTION DRUG REFILLS­Daniel Ivey-Soto
Anto­nio “Moe“MaestasHBIC[4] SPAC/SCORC-SPAC [12] DNP-CS/DP-SCORC [22] DP [23] PASSED/S (35–0) [34] HBIC/HJC-HBIC

SB 443GOVERNMENT PROCUREMENT REQUIRE­MENTSSander Rue
SCal[9] SCORC/SJC-SCORC [18] DP-SJC [23] DP

Susan McK­in­sey, Office of Gov­ern­ment and Com­mu­nity Relations

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