Video & Transcript Research : 'budget allocation'

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NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 24th, 2026 at 09:09 am

House Appropriations & Finance

Transcript Highlights:
  • Chair, Representative Dow, is that in their recurring budget and their nonrecurring budget? Mr.
  • their operating budget by the 5%.
  • budget cuts. ...of austerity or budget cuts, which hopefully we won't be in again.
  • And then I saw the budget, and it was flat. Like, how can the budget be flat?
  • And then I saw the budget. And it was flat. Like, how can the budget be flat?
Keywords: 996, all
HI

Hawaii 2026 Regular Session

WAM-GVO, WAM-WLA Informational Briefings 01-13-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • And have you allocated any of that? >> 25. And have you allocated any of that?
  • And so, we put that forward for consideration in this budget supplemental budget request so that we can
  • budget supplemental budget request this budget supplemental budget request so<00:37:18.880> that
  • pro- timelines, budget, communication. pro- timelines, budget, communication.
  • You have one on budget right now. We have vessels budgeted.
Keywords: 912, senate, all
HI

Hawaii 2025 Regular Session

WAM, WAM-JDC Informational Briefings 01-14-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • The budget balance, as you see, includes tax relief already.
  • The budget balance, as you see, includes tax relief already.
  • The budget balance, as you see, includes tax relief already.
  • The budget balance, as you see, includes tax relief already.
  • <00:38:51.920> to much of the um lump sum we allocated to much of the um lump sum we allocated
Keywords: 912, senate, all
NM
Transcript Highlights:
  • Those folks are included in the transportation allocation in a different section in the budget.
  • So, that's sort of our traditional um budget that we're used to seeing every year.
  • Chair, maybe that's a good time for budget questions.
  • Uh, and all of those things culminating in budget and policy proposals.
  • You funded fiscal transparency in the creation of a dashboard for budgets that exists.
KY
Transcript Highlights:
  • We do that analysis, we pull that information in, we take a look at it, and then within our budget we
  • look at it and then within our budget look at it and then within our budget that that that >&
  • <01:22:50.239> If<01:22:50.480> a allocate to the entire classroom.
  • If a allocate to the entire classroom.
  • Um, and this is a direct budget line item in House Bill 500.
Keywords: 958, all
Summary: The committee first approved the June 9 minutes, then reviewed a deferred personnel contract involving workers’ compensation claims administration. Staff explained that the roughly $50 million figure included about $48 million for claims payments and up to $1.45 million per year for administrative services, with billing based on a fee schedule for specific services rendered. Senator Meredith raised concerns about the vendor’s history, the scoring and bid process, and prior allegations involving the company; the administration responded that the procurement had been conducted under 45A through open competition, with outside scorers and no finding of wrongdoing tied to this contract. Meredith moved to disapprove Contract 167, Hart seconded, and the committee voted 5-2 to disapprove it. The committee then deferred a Western Kentucky University personal services contract because the vendors were still not registered with the Secretary of State’s office. Hart moved to defer the contract until the August 2026 meeting, Meredith seconded, and the motion carried. The committee also approved the agenda covering the various contract lists and deferred items. Next, the committee heard from the Cabinet for Health and Family Services on several personal services contracts for medical staffing and related services. Secretary Steven Stack and staff explained that staffing shortages often require outside vendors, that the contracts were competitively bid under 45A, and that the cabinet uses a streamlined vendor pool for specialized needs such as actuaries, auditors, and technical consultants. The committee approved Contracts 52 through 55 without objection. Discussion then began on Contract 61, with Meredith expressing concern that the committee lacked enough detail to judge whether the services could be performed in-house or whether the exchange of resources was appropriate; Stack said the contract was intended to provide efficient access to specialized outside expertise. The transcript cuts off before a final vote on Contract 61 is shown.
CA
Transcript Highlights:
  • Please, I oppose and reject that budget cut.
  • On behalf of CRDP, I oppose the 15.8 budget cut proposal. Thank you. the 15.8 budget cut proposal.
  • , consistent with the 2023 Budget Act.
  • , consistent with the 2023 Budget Act.
  • We represent 4,300 total budgeted positions.
Summary: The Assembly Budget Subcommittee on Health held an informational hearing on the Governor’s May Revision, focusing first on the Commission on Behavioral Health, then EMSA, and then the California Department of Public Health (CDPH). The Department of Finance said the state faces a third consecutive deficit and that the May Revision includes difficult trade-offs, including proposed eliminations or reversions of some behavioral health and public health funds. The LAO echoed concern about the structural deficit and said it was still awaiting some budget details before offering a full analysis. For the Commission on Behavioral Health, Finance proposed eliminating $20 million in Mental Health Wellness Act funds, arguing the money would help offset General Fund costs and noting future Proposition 1 innovation funding. The commission strongly opposed the cut, saying it would eliminate or delay launch-ready grants for early childhood supports, full-service partnerships, and peer respite, and would eventually end ongoing grant programming. Several advocates and commissioners testified that the funds support underserved communities and that Proposition 1 is not a substitute for the existing programs. The chair asked Finance to look for alternatives, but no vote was taken. EMSA presented mostly technical budget adjustments: increased authority for the California Poison Control System, a correction to EMSIS funding, and a reappropriation for enterprise services and data management. CDPH then reviewed a broader set of May Revision proposals, including reversions from the California Reducing Disparities Project, workforce development, STD prevention, hepatitis C prevention, hospice, and extreme heat funding, as well as a new generative AI pilot for health facility survey reporting. Members raised concerns about cuts to CRDP and gender health equity programs, especially because many grants are mid-contract and serve underserved communities; CDPH said the reversions were part of solving the deficit and that CRDP had been successful, while also clarifying that abortion.ca.gov would not be eliminated. Public comment was overwhelmingly opposed to the CRDP and related cuts, with many speakers describing the programs as life-saving and cost-effective. No formal votes or actions were taken during the hearing.
TX

Texas 89th Regular

Public Education Mar 6th, 2025

Public Education

Transcript Highlights:
  • I was the Budget Chair of Education for eight years when I was in the House.
  • When we when we went through our budget crisis in 1986 and 1987 while I was budget chair of education
  • It's for all teachers library budgets get cut library positions eliminated.
  • The budget.
  • We lost 20% of our budget last year. That was $800,000. That's two months of payroll.
Bills: HB2, HB2
CA
Transcript Highlights:
  • We have a balanced budget.
  • We have a budget bill, we've structured it within the budget, so the repayment is scheduled within our
  • budgeting system for the 20-30 fiscal year.
  • The budget request is slightly higher.
  • We're now in the process of crafting the budget bill language for this budget act looking ahead.
Keywords: 988, house, all
MA
Transcript Highlights:
  • One last question: if you had an ideal budget, right?
  • Our budget is right now close to $500,000 a year.
  • I want to ask you: what is your annual budget, and what is your real annual budget to do this?
  • But no budget covers that.
  • Our operating budget is $4.5 million, and our desired budget is $8 million in order to invest in our
Keywords: 995, all
Summary: The commission on Violence Prevention Services Funding opened by explaining that its purpose is to examine how state dollars for gun violence prevention are being spent, whether they are reaching the right places, and how effective they are. Chair Marjorie Decker noted the commission was created through a legislative bill as part of a broader gun ownership package, and emphasized that the commission will produce recommendations rather than new law. The hearing began with a moment of silence for the National Day of Remembrance for homicide victims, followed by introductions from commissioners and staff. A series of community-based organizations testified about violence prevention, intervention, and survivor services. Emmanuel Williams of the Transformational Prison Project described work with incarcerated and returning youth and families, stressing lived experience, relationship-building, and the impact of budget cuts on travel, staffing, and programming; commissioners asked about his budget, caseload, and funding mix. Teresa D. Grigario and Antonio Gutierrez of Lynn Youth Street Outreach Advocacy said their work focuses on youth ages 12 to 24 in Lynn and Lawrence, with outreach at courts and shooting scenes, and argued that prevention is most effective when it starts early, includes family engagement, counseling, therapy, case management, food, and basic needs support; they said a million-dollar annual budget would help them expand. Ruth Rollins of We Are Better Together/Warren Daniel Hairston Project, speaking as a survivor, called for long-term flexible funding, trauma-informed care, and a community-informed database, and said her organization would ideally need about $2.5 million annually. Ruth Zakarin of the Massachusetts Coalition to Prevent Gun Violence explained that the commission grew out of listening sessions during the firearms-law update process and said the goal is to identify gaps, support grassroots groups, and address regional equity in resource allocation. Other testimony highlighted youth development, reentry, and survivor response as violence prevention. More Than Words described its job-training and supportive-services model for court-involved, homeless, foster-care, and out-of-school youth, citing high rates of graduation, postsecondary enrollment, and employment; a participant, Jorge, shared how the program helped him avoid adult incarceration and build a career in trucking. The Louis D. Brown Peace Institute described its homicide-response and healing work, noting that it served more than 1,100 survivors in 2024, facilitated healing groups and trainings, and is seeking a permanent center in Dorchester; its leaders said the operating budget is $4.5 million and the desired budget is $8 million. The Massachusetts Alliance of Boys & Girls Clubs emphasized that gun violence is a youth health crisis and urged continued investment in after-school and out-of-school-time programs. UTEC called for multi-year, flexible funding, more training and networking support, and attention to nonprofit cost recovery, while Roca described its outreach to high-risk young people, strong outcomes, and major federal grant cuts that forced staff reductions. Portal to Hope discussed domestic violence and stalking services, the importance of on-site police-department-based advocacy, and the instability caused by funding restrictions. New North Citizens Council briefly underscored that violence prevention funding is needed to address poverty, lack of education, and mental health needs. State officials also presented on existing grant programs. Kevin Stanton of the Office of Grants and Research described the Commonwealth Project Safe Neighborhood Initiative and the state’s broader public safety grant portfolio, saying partnerships between law enforcement and community organizations are central to violence prevention and citing seizures of illegal firearms, narcotics, and suspected drug proceeds. Renee Contreras said the Shannon Community Safety Initiative is a national model built on nearly 20 years of sustained investment, with multidisciplinary collaborations in 25 communities and research partnerships guiding strategy and evaluation. Throughout the hearing, commissioners repeatedly asked about budgets, staffing, caseloads, and how organizations measure impact, and several speakers said they would follow up with written materials or additional data.
HI

Hawaii 2025 Regular Session

WAM-JDC, WAM, WAM, WAM DEFER Public Hearings 02-27-2025

Ways and Means

Transcript Highlights:
  • Also requiring that the governor shall include in the executive budget request an amount equal to the
  • <00:18:16.200> request include in the executive budget request include in the executive budget
  • I have Kim and Enoi. delete and allocate a portion of the tax delete and allocate a portion of the tax
  • <00:21:05.640> request put that as part of his budget request put that as part of his budget
  • Trying to lift the ceiling in the budget.
Keywords: 912, senate, all
Summary: The joint Ways and Means and Judiciary committee met in decision-making mode and took up a long list of measures, mostly recommending passage with or without amendments. Early actions included S.B. 414, which was amended to blank the appropriation, draw funds from the major disaster fund, and change the effective date to 2050, and S.B. 223, which would require fire breaks in hazardous fire areas and create or expand wildland fire prevention and protection programs with blank appropriations for FY 2026 and 2027. The committee also advanced S.B. 1009 on state reserve parking space enforcement, S.B. 1149 on reported hate crime definitions and reporting, S.B. 402 on mooring-line requirements for certain vessels, S.B. 1441 on the Oahu regional health care system transfer, S.B. 1442 on child and adolescent mental health responsibilities, S.B. 1478 on harbor evacuation orders, and S.B. 493 on written notice for emotional support animal sales or verifications. Members generally raised little opposition, and most measures were adopted without reservations. Some bills drew brief discussion or committee-report notes, including S.B. 1149, which referenced a Hawaii Civil Rights Commission report encouraging policy-level hate crime data reporting, and S.B. 1442, which was amended with a far-future effective date and a committee-report note about whether mental health services should be expressly subject to funding. S.B. 1441 was substantially revised to require a memorandum of agreement between the Oahu Regional Health Care System and the Department of Health by November 30, 2025, with patient care to begin by December 31, 2025, and a report to the legislature before the 2026 session. The committee also considered several finance and energy-related measures. S.B. 897 on the wildfire liability trust fund prompted questions about whether costs would be passed to consumers; the response was that the proposal contemplated cost sharing and that some amounts were still blank. S.B. 1395 and S.B. 1396 were amended to remove special-fund structures, direct revenues into the general fund, and require the governor to include equivalent amounts in the executive budget for climate-related projects. S.B. 501 was amended to expand step-in agreement provisions for future PPAs and establish a fund outside the State Treasury, and S.B. 1589 was amended so private donations to the stadium authority would go into the NID special fund for stadium infrastructure and sod, with members discussing accountability and the source of stadium-related consultant spending. The committee adopted the recommendations on all measures considered, with some members noting reservations on a few bills, and one item, S.B. 1418, was deferred.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Agriculture - 02/25/2026

Agriculture

Transcript Highlights:
  • Our SUNY budget comes to us from a land-grant allocation and also some allocation to support our students
  • We look at the budget and we have a lot of different lines for Cornell Maple, Cornell Apple research,
  • That's why you then get one single line in the state budget that supports that specific activity.
  • Because that overall SUNY budget has not increased in 17 years for us.
Keywords: 993, senate, all
Summary: The Senate Agriculture Committee met and first took up five bills. It reported S.593 (land used in agricultural production), S.879A (the Garden Protection Act), S.3277 (transfer-on-death beneficiaries for farming implements), and S.4754 (creating an Office of Urban Agriculture). S.1529A, the Carbon Farming Act, was moved to the Finance Committee. The committee briefly discussed S.4754, with Senator Borrello asking about its status and members noting strong support for urban agriculture and food-system resilience; the bill was then reported to Finance by voice vote. The committee then heard from Julie Suarez, Associate Dean for Land Grant Affairs at Cornell CALS, who described Cornell’s role in research, extension, and public service across New York agriculture. She highlighted Cornell’s economic impact, growth in FFA participation including new urban chapters, dairy investment, and the potential of the maple industry, while emphasizing the need for continued agricultural science funding to address climate change, invasive species, and market challenges. She also pointed members to Cornell programs supporting food entrepreneurs, soil health, small farms, veterans entering agriculture, and community integrated pest management. Members asked questions about tick increases, with Suarez attributing them to deer, rodents, climate change, and invasive species, and said Cornell’s community IPM program offers landscaping and prevention guidance. She also explained Cornell’s land-grant and contract-college structure, including its statutory mission and state support. The meeting ended after members expressed interest in further outreach and informational sessions, and the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

Extra Attorney General Office funding 3/12/26

Minnesota House Floor Meeting

Transcript Highlights:
  • This bill does create an allocation for the Attorney General's office.
  • This bill does create an allocation for the Attorney General's office.
  • And in the interim between possibly bringing this up again, I'd like to see what the budgets have been
  • And in the interim between possibly bringing this up again, I'd like to see what the budgets have been
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on Environment, Climate and Legacy - 02/25/25

Environment, Climate, and Legacy

Transcript Highlights:
  • Many schools are facing budget constraints that could limit funding for music and arts education.
  • constraints that could limit budget constraints that could limit funding<00:19:40.760> for<00
  • or an allocation from an appropriation<00:54:28.640> for<00:54:28.839> a<00:54:28.960>
  • Again, the requested amount far exceeds what was allocated.
  • far exceeds uh set of what was allocated far exceeds uh set of what was allocated there<01:19:59.920
Keywords: 1187, senate, all
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Mar 26th, 2025

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • Obviously, it's budget day. We're rolling out the Senate version of the budget.
  • So the budget before you is in a grand total of $34.7 billion.
  • So the budget before you is in a grand total of $34.7 billion.
  • We're increasing the base student allocation by $66, or 1.25%.
  • We want to make sure that superintendents of schools can do accurate budgeting, or more accurate budgeting
Summary: The committee first heard the proposed Pre-K-12 education budget for fiscal year 2025-26, totaling $34.7 billion. The chair highlighted major increases for the FEFP, including $29.6 billion for public schools and K-12 scholarships, a $984 million year-over-year increase, along with higher per-FTE funding, $4 billion for the Family Empowerment Scholarship, $431.4 million for VPK, funding for school safety, the Florida School for the Deaf and Blind, school hardening, Jewish day school security, and an education enrollment stabilization fund. With no public comment, the committee adopted a motion for staff technical corrections and then approved the budget proposal as a recommendation to the full Senate Appropriations Committee. The committee then considered SB 1402 on dropout retrieval programs. The bill expands eligibility so any individual who has withdrawn from high school may enroll in dropout retrieval services and clarifies how school grades are calculated for virtual instruction providers that offer those services. An amendment clarifying the grading calculation was adopted, and the committee reported the bill favorably. Next, the committee took up SPB 7030 on educational scholarship programs, a broad measure addressing school choice funding and administration. The bill would fund the Family Empowerment Scholarship as a separate categorical, expand the education stabilization fund, create fall and spring application windows, require a single scholarship application and more documentation, assign student IDs, standardize payment timing to monthly installments, require continued eligibility verification, and add Level 2 background checks for providers receiving state funds. Members raised questions about background-check enforcement, payment timing, data sharing, and the impact on homeschool and private-school families. Public testimony included support from school-choice advocates and concerns from private-school representatives about added regulatory burdens and deadlines. The committee adopted the bill as a committee bill and reported it favorably, with Senator Osgood voting no. Finally, the committee considered SB 508 on the Family Empowerment Scholarship Program, which requires private schools to disclose in writing what accommodations, modifications, and services they will provide to students with existing plans such as IEPs, EEPs, 504 plans, or ELL plans before enrollment. An amendment was adopted to require public schools to consult with private schools about equitable services. Testimony was mixed: supporters said the bill would give parents needed information for informed choice, while private-school representatives said the language could be burdensome and vague. The committee reported the bill favorably.
TX

Texas 89th Regular

Business and Commerce (Part I) Apr 1st, 2025

Business & Commerce

Transcript Highlights:
  • overview, which had how much Homelessness Coalition, and they provided the budget overview, which had
  • He said their contracts already have a dispute resolution process that appropriately allocates risk,
  • And the government's able to have certain risk allocation factors that is well within their scope of
  • And the government's able to have certain risk allocation factors that is well within their scope of
  • I mean, in the Texas budget, that is not a stretch. It's not a stretch in the next panel, for sure.
Summary: The committee first took up pending business and favorably reported several bills without objection or by recorded vote, including SB 783, SB 1238, SB 1706, SB 1791, SB 458, SB 1644, and SB 1810, with some of them also sent to the local and uncontested calendar. The committee then moved into hearings on additional bills. SB 1968, by Senator Schwertner, would update the Real Estate License Act by repealing subagency, requiring written buyer-agent agreements before showings, and clarifying when a formal buyer representation agreement must be signed. Texas Realtors testified in support, saying the bill modernizes agency rules and increases transparency, while a committee substitute corrected drafting issues. SB 2411, the annual update to the Texas Business Organizations Code, was also laid out and left pending after supportive testimony from the Texas Business Law Foundation and drafting committee representatives. The committee also heard SB 2321, which would codify ERCOT’s current practice of notifying TCEQ when backup generation needs enforcement discretion for grid reliability; Sierra Club and a chamber of commerce witness supported it with suggestions for clearer emissions reporting, and the bill was left pending. SB 2077 would broaden eligibility for the Texas Mutual Insurance Company board by narrowing conflict restrictions tied to insurance-related interests; Texas Mutual supported the change and the bill was left pending. SB 1405, a broadband bill, would align state law with FCC standards and streamline Broadband Development Office processes; it was left pending after supportive testimony. SB 1299, protecting nonprofit donor privacy, drew support from privacy advocates and concerns from one witness about transparency for publicly funded nonprofit operations; it was left pending. The committee then heard SB 776, which would bar government construction contracts from shifting delay damages to contractors when delays are caused solely by the public owner. Contractors, surety representatives, and water infrastructure advocates supported the bill, arguing it would improve fairness and reduce inflated bids, while water utilities and critical infrastructure entities opposed it, warning of more litigation and higher costs; the bill was left pending. Finally, SB 715, which would apply reliability requirements retroactively to all generation resources in ERCOT, drew opposition from renewable and storage groups and support from some critics of renewable subsidies, with witnesses split over whether it would improve reliability or raise costs; testimony was underway when the transcript ended.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 14th, 2026 at 08:34 am

House Appropriations & Finance

Transcript Highlights:
  • We have a continuous allocation at this point.
  • The budget this year.
  • But that we will be continuing to work on the admin budget as well as the program budget.
  • Secretary, I don't see a cut in the budget; I just see a difference in budget numbers between the executive
  • Him short of just increasing the budget, and I'm good with that with respect to just increasing the budget
Keywords: 996, all
TX

Texas 89th 2nd C.S.

Public Education May 11th, 2026

Public Education

Transcript Highlights:
  • Only 81% of our budget is allocated to personnel.
  • under normal federal budget timelines.
  • Are you in a deficit budget right now?
  • We have a $189 million budget deficit. And we have an $181 million budget deficit as well.
  • We were at $900,000 of our budget, and this year it's going to be $1.6 million of our budget.
Keywords: 1184, house, all
FL

Florida 2026 Regular Session

Appropriations Apr 17th, 2025

Appropriations

Transcript Highlights:
  • Next up on tab 13, senators, we have HB 5009, Government Administration, by the Budget Committee.
  • This is HB 5013, State-Funded Property Reinsurance Program, by the Budget Committee.
  • This is HB 5013, State-Funded Property Reinsurance Program, by the Budget Committee.
  • There is currently a million dollars in the Senate budget via a member project for the grant program
  • them in... ...that they're going to be specifically allocated for that purpose if we're putting them
Summary: The Appropriations Committee met with a quorum present and took up a long agenda of House and Senate bills, many of them conforming or “orphan” measures that were amended with delete-all or strike-all amendments to place them in conference posture. Among those reported favorably were HB 5015 on the State Group Insurance Program, HB 5009 creating the Florida Accountability Office, HB 5013 on state-funded property reinsurance, HB 5201 on state financial accounting, HB 5203 on the Capitol Center, and HB 5501 on documentary stamp tax distributions. The committee also approved SB 1292 on public records exemptions for certain email addresses, SB 1290 on highway safety and motor vehicle agency changes, SB 26 on an uncontested claims settlement, SB 176 and SJR 174 on homestead property assessment for flood-mitigation improvements, and SB 1122 on Florida Virtual School procedures. Several substantive bills drew discussion. SB 924, covering fertility preservation services for cancer patients under the state health plan, received supportive comments from members and was reported favorably. SB 1160 expanded health insurance premium coverage for law enforcement officers and their families when catastrophic injury or death occurs in the line of duty or during official training, and it also passed. HB 1662, the Department of Transportation package, established or revised programs involving the Florida Transportation Academy, transportation research, rural transit, airport and seaport accountability, advanced air mobility, landscaping, and HOV lane changes; it was amended after testimony from the Florida Airports Council about landing-fee language and questions from members about AAM and HOV lane implementation, then reported favorably. The committee also heard and approved SB 600, which codifies a statewide manufacturing office and creates a Florida manufacturing promotional campaign and grant framework, and SB 602, the fee bill tied to that campaign. That pair prompted the most extensive debate, with members asking about grant structure, eligibility, oversight, and whether the program could become a “slush fund”; the sponsor and Florida Makes said the program is aimed at small manufacturers, would be subject to rulemaking, and is intended to support training and modernization. SB 602 passed on a mostly party-line vote with Senator Pizzo voting no. At the end of the meeting, members recorded additional votes on selected bills, and the committee adjourned without further business.
MS

Mississippi 2026 Regular Session

Finance - Room 216, 19 February, 2026; 1:30 PM

Finance

Transcript Highlights:
  • I didn't want to break it because my budget is tight at the health department.
  • It does not come to our budget. It does not go back to the state general fund.
  • whether y'all have the spending authority when it comes to these rural water associations be able to allocate
  • whether y'all have the spending authority when it comes to these rural water associations be able to allocate
  • <00:13:17.040> these associations be able to allocate these associations be able to allocate
Summary: The committee first heard testimony from Dr. Edney on the state revolving fund program for rural community water associations. He explained that the program has operated since 1997 using EPA grant funding and a state match, with low-interest loans, emergency funding, and loan forgiveness. He said the state match has risen in recent years because of increased federal infrastructure funding, but is expected to decline again as that enhanced funding ends. Members asked where repayment money goes, and he said it stays in the revolving fund rather than going to the general fund. He also discussed EPA pressure for consolidation of small water associations, minimum operational standards, and the possibility of using loan forgiveness incentives to encourage consolidation. No votes were taken on this presentation. The committee then took up Senate Bill 2824, which extends the eligibility dates for certain energy projects to qualify for ad valorem tax exemptions, moving the relevant deadlines from 2026/2027 to 2031. The committee adopted the committee substitute and passed it by voice vote. Next, Senate Bill 2867 revised an earlier employer child care tax credit program. Senator Boyd said the bill simplifies the program, allows a 50% income tax credit for employers providing dependent care during work hours or making at least $2,000 per child direct payments to licensed child care entities, and caps the credit at $3,000 per child per year. A committee substitute also placed a $1 million cap on the overall credit program. Members discussed the need for child care support, the role of federal and state funding, and whether the bill would increase employer participation. The committee adopted the substitute and passed the bill by voice vote. Finally, the committee considered Senate Bill 3109, a simple bill affecting Lafleur's Bluff State Park. Senator Blount explained that the park is managed under a lease with a nonprofit and that the bill would exempt the nonprofit from paying property taxes on the leased state park land. The committee adopted the committee substitute and passed the bill by voice vote, then rose and reported the measure out of committee.
FL

Florida 2026 5th Special Session

Finance and Tax Feb 25th, 2026

Transcript Highlights:
  • Finally, the bill also makes changes to fiscally constrained counties distribution factors that allocate
  • sense, then, the answer to the questions asked by my colleagues is that there would be more money allocated
  • to charter schools if there were more... ...that there would be more money allocated to charter schools
  • The numbers that correspond to tax packages certainly have a great deal to do with where the budget is
  • the bonus depreciation part, retrospective on the One Big Beautiful Bill, would have impacted our budget
Summary: The Finance and Tax Committee met with a quorum present and took up two bills. The first, SPB 7046, was the Senate tax package. It included changes to Live Local property tax opt-outs, charter school distributions from voter-approved property tax levies, RV park special assessments, fiscally constrained county funding, a permanent sales tax exemption for small propane tanks, a hunting/fishing/camping sales tax holiday, and provisions barring governmental net zero policies. An amendment made the charter-school distribution change prospective starting July 1, 2026. Committee discussion focused heavily on whether the charter-school language would divert money from traditional public schools and on the fiscal-constrained county formula. The bill was reported favorably as a committee bill after a roll call vote, with Senators Bernard and Jones voting no. The committee also considered SPB 7048, which updates Florida’s conformity to the Internal Revenue Code as of January 1, 2026 and partially decouples from federal tax changes in the One Big Beautiful Bill Act. The bill addresses bonus depreciation, research and experimental expenses, business meal deductions, and the business interest deduction, with the Revenue Estimating Conference expected to review the fiscal impact later in the week. The Florida Chamber testified that the bill should better align with federal tax relief and reduce administrative burdens, while senators emphasized the need to balance business tax relief with state revenue constraints. SPB 7048 was also reported favorably as a committee bill by roll call vote.