Video & Transcript Research : 'parish revenue'

Page 101 of 442
CA
Transcript Highlights:
  • If I thought I could ask you to just stick to name revenue, we need revenue. We need money.
  • Prop. 56 is a declining revenue source; from 2017 to 2024, Prop. 56 revenues have declined by nearly
  • Have there been any proposals around revenue generation offered?
  • For Planned Parenthood, that equates to one-third of our annual revenues.
  • You raised the question of revenue.
Summary: The Assembly Budget Subcommittee on Health held the first of several hearings on the Governor’s May Revision for health care, with opening remarks focused on the state’s projected $12 billion deficit, looming federal Medicaid changes, and the potential impact on Medi-Cal, public health, reproductive health, and safety-net providers. Several members criticized the proposal as balancing the budget on vulnerable Californians, while others defended the need for cost containment and questioned the administration’s assumptions. The chair set ground rules for respectful, focused questioning and outlined three topics: the Medi-Cal proposals, Proposition 35, and Proposition 56. DHCS Director Michelle Baas presented the May Revision’s Medi-Cal package, saying the department’s budget totals $200.6 billion overall, including $45.2 billion General Fund, and that the proposals are intended to address rising caseloads, pharmacy costs, and managed care spending. She described proposed changes for adults with unsatisfactory immigration status, including a freeze on new full-scope enrollment for those 19 and older, $100 monthly premiums beginning in 2027, elimination of adult dental and long-term care coverage, removal of PPS/RAP payments to FQHCs and rural health clinics for that population, and a pharmacy rebate aggregator. Other proposals included eliminating certain OTC drug classes, removing GLP-1 coverage for weight loss, prior authorization and step therapy changes, reinstating the Medi-Cal asset test, eliminating acupuncture as an optional benefit, allowing utilization management for hospice, raising the managed care minimum medical loss ratio to 90%, reducing PACE capitation rates toward the midpoint of the actuarial range, eliminating the skilled nursing facility workforce and quality incentive program, and suspending the SNF backup power requirement. The LAO said the revised Medi-Cal spending estimate is about $2.5 billion higher than the Governor’s Budget in the budget year, and that the increase appears driven more by higher per-enrollee costs than by caseload alone. The LAO said the budget solutions are concentrated in a few areas, are largely ongoing, and should be considered in light of federal uncertainty, but suggested the Legislature could explore alternatives such as more targeted income thresholds for the undocumented expansion and simpler asset-test rules. Department of Finance officials said the proposals are difficult but necessary to address a third consecutive deficit and rising Medi-Cal costs. Members then pressed the administration on the methodology and impacts of the proposals, especially the enrollment freeze, premiums, asset test, hospice controls, PACE reductions, and the elimination of benefits and provider payments. No votes or formal actions were taken at this hearing.
NH

New Hampshire 2025 Regular Session

House Session (04/10/2025)

New Hampshire House Floor Meeting

Transcript Highlights:
  • So here the economy's not so great, and our revenue goes up. Our revenue goes up.
  • enough revenue. That's some of theirs. enough revenue. That's some of theirs.
  • extra revenues. extra revenues.
  • > governor's revenue distribution was governor's revenue distribution was consistent<05:44:31.440>
  • providing operators 65% of the revenue providing operators 65% of the revenue for<05:45:13.760><
Keywords: 1189, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm

Joint Committee on Revenue

Transcript Highlights:
  • This is the Joint Committee on Revenue, having a hearing today on some housing bills.
  • Chair Madaro, Senator Eldridge, and distinguished members of the Joint Committee on Revenue.
  • We can generate significant, sustained revenue dedicated specifically to affordable housing production
  • Transactions, and its market remains robust while the city secures vital housing revenue.
  • They are often in disrepair, off the market, and generating zero revenue for our communities.
Keywords: 995, all
Summary: The Joint Committee on Revenue held a hearing on several housing-related bills, with chairs Adrienne Madaro and James Eldridge framing the discussion as part of the Legislature’s broader response to the state’s housing crisis and noting that many of the bills build on the 2024 Affordable Homes Act. The chairs reviewed hearing procedures, including the three-minute oral testimony limit, the option to submit written testimony, and the hybrid format. No votes were taken during the hearing. Testimony began with support for H. 3278, a bill to create a graduated deed excise tax for affordable housing. Representative Worel argued that higher-end real estate transactions should contribute more to fund affordable housing production, saying the measure would not burden working families and would help address racial inequities in homeownership and displacement. Representative Soder then supported H. 3247, which would promote redevelopment of abandoned buildings through expanded tax incentives for renovating vacant properties for sale or rent, arguing that it would bring blighted units back into use and generate future tax revenue. The committee also heard testimony on H. 3040/S. 1969, residential improvement or R-PACE legislation. Robert Giles of Home Run Financing and Nicole Steele of Amalgamated Bank described the program as a voluntary, assessment-based financing tool that could help homeowners pay for energy efficiency, resilience, and other major repairs without upfront costs, and said it could complement existing Mass Save programs while expanding access to more homeowners. In contrast, Judith Lieben of the Massachusetts Law Reform Institute opposed H. 3039/S. 1946, the Housing Development Incentive Program bill, arguing it would expand subsidies for market-rate and luxury housing in Gateway Cities instead of directing resources to low-income renters. Representative Hawkins also testified in support of H. 3121, which would end large investor control of homes in Massachusetts by imposing an excise tax on large owners of small residential properties and using the revenue for first-time homebuyer down payment assistance. After testimony and a few member questions, the chairs asked whether anyone else wished to testify and then adjourned the hearing.
NH
Transcript Highlights:
  • And evidently Revenue Administration developed their tax rate based upon what they understood to be the
  • bill wasn't changed in the Senate, and in order to have this take place here in the Department of Revenue
  • <00:04:11.120> administration and evidently revenue administration and evidently revenue administration
  • line says Department of Revenue line says Department of Revenue Administration<00:05:32.880>
  • <00:06:09.199> Administration Department of Revenue Administration Department of Revenue Administration
Keywords: 928, house, all
Summary: The committee of conference on HB 718 met to reconcile House and Senate language. Members discussed two main parts of the bill: provisions requiring the Department of Education to report on rules that exceed state or federal requirements, including any fiscal impact on school districts, and language related to the new Pasquaney school district and its tax-rate setting timeline. Conferees said they were agreeable to the Senate’s additions on reporting and the handling of indeterminable fiscal impacts. The group focused on a House amendment, 2725H, which made two technical changes to the Senate language: adding the word “certified” to align with existing statutory language and changing the bill’s effective date to “upon passage” so the Department of Revenue Administration could act in time. A further clarification was proposed to specify July 1, 2025, for the tax-rate language, and members agreed to that change as well. There was some concern raised that the bill’s underlying special education implications could have indeterminate fiscal effects on school districts, and one member said that without a fiscal note they could not support it. After discussion, the House members voted in favor of the three changes, the Senate member present also supported them, and the chair announced the result as effectively unanimous. The committee then said the report would be drafted and the bill would move forward, with HB 102 mentioned as another item to be placed on consent.
MN

Minnesota 2025-2026 Regular Session

Committee on Finance - 05/14/25

Finance

Transcript Highlights:
  • So again, that net fiscal impact is $50,000 total in new general fund revenue per biennium generated
  • <00:02:24.480> new<00:02:24.720> general<00:02:25.040> fund<00:02:25.280> revenue
  • <00:02:25.599> per in new general fund revenue per in new general fund revenue per bienium
  • <00:03:17.840> per $25,000 in new general fund revenue per $25,000 in new general fund revenue
  • per banium generated from fund revenue per banium generated from um<00:03:38.000> that<00:03:
Bills: SF1832
AR

Arkansas 2026 1st Special Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • All of our operations are funded by the revenue that we generate.
  • forecasted, and then we have a slight increase forecasted for our draw ticket revenue.
  • So the total revenue was pretty much Increased by 12.6%.
  • So the total revenue was pretty much flat, just a 2.2% increase.
  • Total revenue, we are 3.5% ahead of what we had forecasted. You can see down on that.
Keywords: 1204, all
WY

Wyoming 2026 Regular Session

House Floor Session-Day 4, February 12, 2026-PM

Wyoming House Floor Meeting

Transcript Highlights:
  • :39:30.400> Long-Term 45, sponsored by Revenue, Long-Term 45, sponsored by Revenue, Long-Term
  • Uh, I was on revenue then.
  • The ways that they're raise revenue.
  • Speaker. that have have the revenue. It's about that have have the revenue.
  • JAC adopted the Governor's recommendation of $193 special revenue, of which $1,585 special revenue is
Keywords: 916, all
KY
Transcript Highlights:
  • .. um shows the total revenue.
  • Revenue to the district.
  • Uh but they had revenue coming in.
  • having revenue coming in? having revenue coming in?
  • values, it allows 4% additional revenue values, it allows 4% additional revenue with<01:52:09.679
Summary: The committee first handled routine business, including roll call, introductions, and approval of the previous meeting minutes by voice vote. It then heard a presentation on SB 253, focused on expanding support for teacher apprenticeship and teaching-and-learning pathways. Senator Hickman and staff from the Kentucky Department of Education and Nelson County Schools described how the program uses dual credit, work-based learning, and registered apprenticeship to help students earn an associate degree in high school and continue toward a teaching degree. They said the goal is to address the teacher shortage by creating a sustainable pipeline into the profession. Witnesses emphasized that the main barrier is cost. Mary Taylor said Kentucky’s youth apprenticeship model has been successful in other fields and that education should be added as an in-demand sector, but an associate degree alone will not solve the teacher shortage because teachers still need a bachelor’s degree and certification. Laura Arnold of Nelson County Schools described the district’s Lead Nelson program, saying the district has invested more than $800,000 since 2021, currently has 37 students in the pathway and seven committed apprentices, and spends about $85,000 per apprentice from freshman year through certification. She said district staffing, planning, and university partnerships are also significant hurdles. Members asked about job guarantees, tenure, and retirement; Arnold said employment is performance-based and retirement issues are being considered. Senator Hickman said the bill would use lottery funds to help cover tuition and dual credit costs so more districts can participate, noting that a prior version died because of a high fiscal note. Representative Payne and Representative Tipton praised the program but stressed the need for funding and noted inconsistencies between statute and budget language on Work Ready Kentucky and dual credit support. Representative Tipton also cautioned that lottery revenue may not keep pace with demand and said the General Assembly may need to make broader funding decisions. After the apprenticeship discussion, the chair moved the committee to the next agenda item on computer science and AI literacy, where Code.org began a presentation on the importance of computer science for all students.
HI

Hawaii 2025 Regular Session

FIN/WAM Joint Info Briefing - Tue Jan 21, 2025 @ 1:00 PM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • we're capturing most of the revenue we're capturing most of the revenue because<00:25:09.120>
  • nearly $10 million in additional Revenue nearly $10 million in additional Revenue we<00:25:52.559
  • <00:28:13.279> we Park overall for whatever Revenue we Park overall for whatever Revenue we
  • <00:28:30.000> salaries<00:28:30.440> and Revenue salaries and Revenue salaries and benefits
  • <00:28:52.840> far looks like our general fund Revenue far looks like our general fund Revenue
Keywords: 910, house, all
CA
Transcript Highlights:
  • The Assembly Committee on Revenue and Taxation is called to order.
  • We will be operating The Assembly Committee on Revenue and Taxation is called to order.
  • High taxes are driving people out of the state, and at the same time, reducing state revenue.
  • The Revenue and Taxation Committee stands adjourned.
  • Revenue and Taxation Committee stands adjourned. Thank you. Thank you.
Summary: The Assembly Committee on Revenue and Taxation met under suspense-file procedures, with the chair explaining limits on testimony, position letters, and that bills with fiscal impacts of $150,000 or more would generally be sent to suspense rather than voted on immediately. Several bills were pulled from hearing, and a consent calendar of committee bills later passed 4-0. AB 761 by Addis, the only item initially slated for a vote, was ultimately held over to the next hearing. The committee heard testimony on a series of tax-related proposals. AB 232 would create catastrophe savings accounts for homeowners to save pre-tax money for wildfire, flood, or earthquake-related expenses; it drew support from the Department of Insurance and the California Bankers Association, but was sent to suspense. AB 1443 would exempt tips from state income tax for five years and was supported by the California Restaurant Association and a restaurant owner, but also went to suspense. AB 1435 would provide relief to businesses and property owners facing cleanup and security costs from unauthorized encampments and illegal dumping; it received broad support from business, real estate, trucking, retail, and local government representatives, and was referred to suspense. The committee also heard AB 1428, which would create a California Affordable Child Care Fund financed by a 0.5% tax on income above $10 million; child care workers and SEIU-backed witnesses supported it, while taxpayer and business groups opposed it as harmful to competitiveness and affordability. AB 691 proposed a tax credit for adopting shelter pets and covering veterinary costs, AB 1219 proposed a middle- and low-income personal income tax cut, AB 1354 proposed a credit for increased homeowners insurance premiums, AB 19 proposed an education savings account/voucher-style program, and AB 567 proposed insurance rate stabilization and related tax/fund changes; each drew testimony for and against where present, but all were referred to suspense. The meeting ended with the committee adjourning after the held-over AB 761 item was postponed.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/6/25

Commerce Finance and Policy

Transcript Highlights:
  • Just curious as to if, you know, if this cup revenue is new revenue that would have come in short of
  • So is this new revenue, or is this cannibalization of the current liquor revenue?
  • Just curious as to if, you know, if this cup revenue is new revenue that would have come in short of
  • So is this new revenue, or is this cannibalization of the current liquor revenue? Mr.
  • <01:15:13.760> that cup Revenue if this is new Revenue that cup Revenue if this is new Revenue
Keywords: 1183, house
VT

Vermont 2025-2026 Regular Session

House Session - 2026-05-14 - 1:00PM

Vermont House Floor Meeting

Transcript Highlights:
  • <00:25:44.159> uh in a loss of about $1,000 in revenue uh in a loss of about $1,000 in revenue
  • revenues<00:26:14.159> would<00:26:14.480> impact state.
  • Um these revenues would impact state.
  • The changes in fee annual fee revenue.
  • While fines are not considered revenues While fines are not considered revenues of<00:46:43.280>
Keywords: 926, house, all
Summary: The House opened with a devotional reading by Theo Novak, a student and Vermont Poetry Out Loud finalist, followed by several announcements, including a welcome for the guest speaker and a reminder about a freshman legislator gathering and the day’s corporate cup road closures. The House then postponed action for one legislative day on Senate Bill 208, relating to law enforcement identification; Senate Bill 212, relating to portable water supply and wastewater system connections; and House Bill 639, relating to genetic data privacy. The main floor action centered on House Bill 648, banking, insurance, and securities. The Commerce and Economic Development Committee presented Senate amendments and its own further amendments, including clarifications to consumer reinvestment reporting and a proposal to extend and then effectively end the moratorium on new cryptocurrency kiosks in Vermont. The committee described extensive testimony and data on crypto kiosk fraud, money laundering, and consumer losses, and also added a new licensing framework for merchant cash advance providers. Ways and Means reported the fiscal impact would be very small. After a brief question about the $1 million exemption threshold for commercial financing, the House concurred in the Senate proposal of amendment with further amendment thereto. The House also passed Senate Bill 243, distributing funds to the Vermont Language Justice Project, in concurrence with proposal of amendment. It then took up Senate Bill 198, regulating tobacco products and tobacco substitutes. The Commerce and Economic Development Committee described updates to the definition of tobacco substitutes, creation of a wholesale licensing system under the Department of Liquor and Lottery, tighter controls on online sales, and bans on deceptive products that resemble school supplies, food, smartphones, inhalers, or video games. The committee heard testimony from health, enforcement, industry, and advocacy witnesses and voted 11-0 in favor. Human Services then proposed a strike-all amendment to the committee report, with further consideration to continue.
NH

New Hampshire 2026 Regular Session

Senate Election Law and Municipal Affairs (01/27/2026)

Election Law and Municipal Affairs

Transcript Highlights:
  • Would that include a revenue cap?" "I a tax cap essentially is a revenue cap. So..." "So okay.
  • Would that include a revenue cap?" "I a tax cap essentially is a revenue cap. So..." "So okay.
  • Would that include a revenue cap. Would that include a revenue<00:35:37.680> cap?
  • revenue cap? revenue cap?
  • <00:35:50.160> I tax cap revenue would be included. I tax cap revenue would be included.
Keywords: 1191, senate, all
HI

Hawaii 2025 Regular Session

ECD Public Hearing - Thu Apr 17, 2025 @ 10:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • It could tarnish our million in revenue.
  • creation, investment, and tax revenues creation, investment, and tax revenues for<00:15:43.519><
  • Economic advisers promising quick revenue without raising taxes.
  • They're not going to give us any revenue.
  • And everybody says we're going revenue.
Keywords: 910, house, all
Summary: The Economic Development Technology Committee met on April 17, 2025, to hear STR 121, a resolution to form a working group to explore legalized gaming in Hawaii. Supporters, including DBED, labor representatives, and some industry interests, argued the measure would allow the state to gather more information, consider economic growth, job creation, investment, and tax revenue, and include a range of viewpoints before any final policy decision. Several supporters emphasized that a working group would help ensure informed decision-making and community input. Opponents argued that legalized gambling would disproportionately harm low-income residents and Native Hawaiians, increase addiction and related social harms, and bring crime, corruption, and human trafficking. Some cited examples from other states, illegal game rooms in Hawaii, and concerns that gambling revenue would be limited while social costs would be high. Others said the conversation should be led by local communities rather than industry stakeholders, and one testifier requested community representation on any working group for a potential stadium-area project. The committee also heard from witnesses who framed the measure as a way to address money leaving the state and to create a regulated alternative to illegal gambling. No vote or final action on STR 121 was taken during the hearing, and the chair noted the committee would need to adjourn in time for floor session if the hearing ran long.
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Articles VI, VII, & VIII Feb 25th, 2025

Appropriations - S/C on Articles VI, VII, & VIII

Transcript Highlights:
  • Um, the total amount is just under $250 million in general revenue funding.
  • Uh, recommendations provide $850,000 in general revenue and 6 FTEs for this purpose.
  • That's correct. 100% of our revenue goes to GR and then every two years we come.
  • , limited to revenue collections requirements.
  • as our collective revenues have always exceeded expenditures.
AZ
Transcript Highlights:
  • The budget includes an increase of $139,600,000 in General Fund revenues as a result of a one-time transfer
  • We're trying to bring in revenue. We're trying to keep our kids. We're trying to recruit teachers.
  • from any source in FY 2027 to meet any county fiscal obligation. ...to use county revenues from any
  • Revenues are going to go up, and we'll have more resources for talent. So thank you for doing that.
  • They've never had an ongoing source of revenue. Now they will, at least a small one.
Summary: The meeting covered a series of fiscal year 2027 budget and budget-related bills, beginning with the general appropriations and tax package. Staff and the chair highlighted a budget built around about $1.4 billion in tax cuts, a one-time 2.5% agency reduction, major funding for state employee health insurance, corrections, flood and wildfire relief, and other supplemental appropriations. The chair repeatedly urged support for the package, emphasizing the size of the tax cut and noting that the committee’s joint vote had only three no votes out of 28 members. Members then reviewed several smaller budget implementation bills affecting racing and gambling, capital outlay, commerce and defense innovation, corrections, environment and water policy, higher education, human services, K-12 education, county finance, tax administration, state data governance, and state office rent rates. Key provisions included extending or modifying funds and fee structures, transferring surplus or unneeded monies, creating or revising oversight boards and pilot programs, increasing K-12 funding by 2% for inflation, adjusting university retention limits, expanding SNAP and housing-related requirements, and changing tax conformity and credits. Several members asked clarifying questions about specific items such as electric vehicle charging funds, mobile home relocation payments, university funding, and the new health insurance oversight board. The chair also explained the tax bill’s major changes, including conformity to federal tax law, a larger dependent tax credit, changes to deductions, repeal of certain tax credits, veteran property tax relief, limits on data center tax incentives, and provisions affecting manufacturing infrastructure and unemployment insurance administration. The committee discussed the Budget Stabilization Fund, debt repayment, and education rollover balances, with the chair arguing for using surpluses to pay down debt. The final item discussed was a behavioral health bill creating a home and community-based services program for adults determined to be seriously mentally ill, with a stated FY 2027 total fund appropriation of $7.8 million contingent on federal approval and matching funds. The meeting ended with a reminder that floor action would begin the next day at 10 a.m.
NM

New Mexico 2025 Regular Session

House - Chamber Meeting Jan 28th, 2025

Transcript Highlights:
  • But not only that, the oil and gas contributed 49% of all revenue to the state budget.
  • In Lee County alone, we received $781,195,000 from oil and gas revenue.
  • So, well beyond just the dollars that we take in taxes and other revenues, the oil and gas community
  • Then it's the House Taxation and Revenue Committee. By Representative Silva.
  • An announcement that your House Taxation and Revenue Committee will meet tomorrow morning at 8:30 a.m
PA

Pennsylvania 2025-2026 Regular Session

Senate Session (Jun 25 2026)

Pennsylvania Senate Floor Meeting

Transcript Highlights:
  • This is a corporate revenue tax. Not on consumers buying goods or businesses placing ads.
  • This is a corporate revenue tax, not a tax passed through to families.
  • The revenue gap should be closed by making the corporations who profit from our market, The revenue gap
  • Today we can eliminate the tax exemption on big tech and use the revenue to offset the gas tax.
  • And the amount of revenues we have versus what we spend. I enjoy that. And quite frankly, Mr.
Summary: The Senate returned from recess and first handled routine calendar matters, laying several bills on the table or over in their order without objection. The chamber then took up Senate Bill 1400, which addresses sentencing for second-degree murder in response to the Pennsylvania Supreme Court’s Commonwealth v. Lee decision. Senator Street offered an amendment to replace mandatory life without parole with parole eligibility after 25 years and individualized review, but the Senate tabled the amendment by a 26-24 roll call. The bill then advanced to final passage after extended debate over whether it adequately met the court’s constitutional ruling and how it would affect victims, culpability, and retroactivity. It initially passed 31-19, then after reconsideration and a correction to one member’s vote, passed 30-20 and was sent to the House. The Senate next considered Senate Bill 1212, which tightens the handling of sexual assault evidence kits by removing discretionary language that had contributed to inconsistent testing practices. Supporters said it would improve statewide consistency, preserve a survivor’s right to decline testing, and help reduce the rape kit backlog. The bill passed unanimously, 50-0, and was sent to the House. The chamber then moved through additional calendar items, including re-referrals of several House bills to Appropriations and multiple bills being passed over. Later, the Senate took up House Bill 1667 on a supplemental calendar after suspending the rules. The bill became the vehicle for several amendments tied to affordability and tax policy. Senators adopted a back-to-school sales tax holiday amendment, a data-center tax exemption repeal amendment, and a school-choice-related amendment transferring EITC provisions and increasing scholarships by $25 million. Other proposed amendments, including a digital advertising tax and a combined reporting corporate tax reform, were tabled. After further debate on the bill’s impact on electric bills, data centers, and the state budget, House Bill 1667 was agreed to as amended and the Senate recessed.
CA
Transcript Highlights:
  • Revenues.
  • With the proposed statutory changes effective July 1, 2025, the department will align program revenue
  • As you'll note from your agenda, the fund that provides the majority of revenue for the department is
  • Second, you'll see how much actual revenue the department collects under the new rates and be able to
  • DFPI will monitor and evaluate its revenue and expenditures as needed annually across its programs to
Summary: The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California. The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses. Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains. Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Sixty Four - Wednesday, May 6

Missouri House Floor Meeting

Transcript Highlights:
  • And the intention in doing that was that we would back out general revenue.
  • All projections—we don't know that there's $2 billion in general revenue.
  • We don't have $14 billion of general revenue in the bank right now.
  • Revenue is pretty small comparatively, $910 million total, 1,296 FTE.
  • He really didn't recommend any general revenue.
Keywords: 959, house, all
Summary: The House convened with prayer, the Pledge of Allegiance, approval of the previous day’s journal, and a series of special guest introductions recognizing family members, interns, students, public servants, and community advocates. Committee reports and Senate messages followed, including Senate refusals to concur on a large number of amendments to Senate Bill 1421 and the appointment of a conference committee on House Bill 2818. The main floor action centered on the state budget, especially House Bill 2 (public education). The budget chair explained the conference report’s funding mix for K-12 schools, including $8.4 billion for public education, changes to the foundation formula, use of blind pension funds, and possible ARPA dollars later in the process. Members debated whether the report underfunded schools by $45 million or more, with opponents arguing the state was not fully funding the formula and supporters saying total school funding remained at record levels and that the issue was the source of funds rather than the total amount. A substitute motion to send HB 2 back to conference failed 62-89, and the conference report was then adopted 83-68; the bill was third read and passed 83-68. The House then took up House Bill 2003 on higher education, where the conference report largely restored the governor’s recommendation and directed the department to develop a new funding formula by the end of the year. Members discussed performance-based funding, scholarships, apprenticeships, and the need for a slower transition to any new model. The conference report passed 119-28, and the bill was third read and passed 109-32. House Bill 2004, covering Revenue and Transportation, included about $20 million for rural roads and other transportation funding; members discussed constitutional concerns, MoDOT projects, and a small local safety fix. The conference report passed 128-21, and the bill was third read and passed 127-27.