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Votes at a glance: HAFC Subcommittee D adopts LFC recommendations and requests revised SIC funding figures
Summary
At its subcommittee D meeting the HAFC adopted LFC recommendations for multiple agencies (NPSIA, Retiree Health Care Authority, PERA, GSD) and approved a motion asking LFC and DFA to revise SIC funding to put SIC halfway toward the executive recommendation.
The House Appropriations & Finance Committee subcommittee D took the following recorded committee actions during the hearing on January 26, 2026:
- State Investment Council (SIC): Vice Chair Silva moved that LFC and DFA provide a revised figure that gets SIC halfway to the executive recommendation. Representative Duncan seconded; the committee recorded no opposition and the motion passed. (Motion recorded in committee transcript.)
- Public School Insurance Authority (NPSIA): Vice Chair Silva moved and Representative Herrera seconded to adopt the LFC recommendation for NPSIA. No opposition was recorded and the motion passed.
- Retiree Health Care Authority (RHCA): Committee adopted the LFC recommendation for RHCA after presentations and Q&A; the motion was moved and seconded and passed with no opposition recorded in the transcript.
- Public Employees Retirement Association (PERA): Committee reviewed PERA materials and related budget language; the LFC recommendation was discussed and committee action accepted as presented during the hearing (motion passed with no opposition).
- General Services Department (GSD): Vice Chair Silva moved to adopt the LFC recommendation; the motion was seconded and passed with no opposition.
Most motions were taken by voice vote or consensus with committee chairs noting “seeing none” to record lack of opposition. Where the committee directed staff, follow-up tasks include LFC/DFA providing revised figures for SIC, agencies reporting on pilot implementations (e.g., building use fees, reference-based pricing), and agency follow-ups on audit remediation or actuarial clarifications.
