Video & Transcript Research : 'stability'

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FL

Florida 2025 Regular Session

Judiciary Mar 19th, 2025

Transcript Highlights:
  • OUR BYLAWS MAY CHANGE FUTURE ADMINISTRATORS LACKING LONG STABILITY.
  • THIS PROVIDES LONG TERM STABILITY FOR STUDENTS WITHIN INSTITUTIONS.
Keywords: 999, senate, all
CA
Transcript Highlights:
  • colleagues, and the State Board of Education, with their staggered terms, will remain our sources of stability
  • to underscore that the Legislature and the State Board of Education remain these key sources of stability
  • to underscore that the legislature and the State Board of Education remain these key sources of stability
  • But I would just continue to emphasize that the points of stability, regardless of what happens, maintain
  • Today's hearing highlighted a critical issue: how this proposal could impact the stability and independence
Keywords: 987, senate, all
Summary: The joint Senate Education and Budget Committee hearing focused on Governor Newsom’s education governance proposal, which would reorganize state K-12 education leadership by shifting day-to-day management of the Department of Education from the elected Superintendent of Public Instruction to a governor-appointed education commissioner, while giving the superintendent a more policy-focused role and voting seats on the State Board of Education and the California Community Colleges Board of Governors. Brooks Allen, for the State Board of Education and Governor’s office, argued the change would reduce fragmented authority, improve accountability, and align California with other states that use appointed chief education officials. Amber Alexander of the Department of Finance outlined the budget-neutral staffing transfers and transition timeline, and LAO analyst Sarah Cortez said the LAO supports the shift to an appointed commissioner but recommends Senate confirmation, clearer statutory duties, preserved legislative oversight, and a cost-neutral fiscal plan. Committee members raised substantial concerns about timing, constitutionality, voter expectations, and whether the proposal would actually improve student outcomes. Senator Cabaldon argued the change would effectively alter the meaning of the constitutionally created superintendent office during an election year without voter approval, and questioned whether governance restructuring has evidence of improving achievement or should instead yield savings. Other senators asked how the new structure would work in practice, who would be accountable if it failed, whether a governor-appointed commissioner was the best model, and whether local districts would truly see clearer lines of authority. Allen responded that the Legislature retains plenary authority over education, that the transition would be minimally disruptive, and that the proposal was designed to create a single line of management and clearer communication for local districts. The discussion also covered the Legislature’s role in curriculum and education policy. LAO staff explained that the Legislature has broad authority over education and can direct curriculum-related policy, though it has generally delegated detailed curriculum work to the State Board and the Instructional Quality Commission. Several senators said the current system already creates confusion for voters and local educators, while others argued the proposal adds another layer of bureaucracy and overpromises on results. No vote was taken at this hearing; members continued questioning witnesses and indicated the proposal would be examined further in later panels, including testimony from local education leaders.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/21/26

Taxes

Transcript Highlights:
  • public there is ongoing issues around public trust,<00:19:41.320> municipal<00:19:41.760> stability
  • <00:19:42.840> that trust, municipal stability, etc. that trust, municipal stability, etc.
  • We are a nonpartisan coalition of 33 Minnesota cities united to work toward stability, trust, effective
  • We are a nonpartisan coalition of 33 Minnesota cities united to work toward stability, trust, effective
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • Are we making an investment that we expect to stabilize an industry and pay off over the long term?
  • Are we making an investment that we expect to stabilize an industry and pay off over the long term?
  • the near-term affordability gap by providing a relatively small but meaningful targeted support to stabilize
  • The state has been struggling with how to deal with its mid-transition, how to stabilize an increasingly
  • volatile transportation fuels market, and CEC made clear that demand reductions are a critical stabilization
Summary: The meeting began with a budget subcommittee hearing on a proposed sustainable aviation fuel (SAF) tax credit trailer bill. Assembly Members Ávila Farías and another member spoke in support, emphasizing union jobs, refinery investments, and the need to decarbonize aviation. The Department of Finance said the Governor’s proposal would provide a $1 to $2 per gallon credit against the diesel excise tax for SAF sold in California from 2026 to 2036. The Legislative Analyst’s Office recommended rejecting the proposal, arguing it is a relatively expensive way to reduce emissions, has uncertain environmental benefits, could significantly reduce transportation revenues, and conflicts with the spirit of voter restrictions on transportation taxes. Committee members questioned whether the credit would mainly benefit out-of-state producers, whether firms would have diesel tax liability to use the credit, and whether the proposal would shift production away from renewable diesel and raise fuel prices. Administration and CARB staff said the credit is intended to support aviation decarbonization, preserve jobs, and help keep California on track toward its 2045 climate goals. LAO and UC Berkeley testimony countered that the policy could mostly subsidize existing technologies, that feedstock supply is limited, and that the net emissions benefit may be small relative to the cost. Members also asked about the effect on local streets and roads, SHOP, and trade corridor funding; Finance estimated a $165 million annual revenue impact would reduce those programs, while LAO said the reductions would mean fewer projects over time. No vote was taken, and the chair said the issue would remain open for further discussion. The committee then moved to a zero-emission vehicle incentive trailer bill proposing a one-time $200 million appropriation to CARB for a new point-of-sale incentive program focused on first-time buyers and leases of new and used light-duty ZEVs. Supporters said the program would help offset the loss of the federal EV tax credit, maintain momentum in California’s ZEV transition, and use a one-to-one match with participating automakers to double the state’s investment. LAO recommended rejection, saying the proposal does not meet the high budget bar this year, lacks enough program detail to evaluate, is unlikely to move sales significantly given the size of the appropriation, and could duplicate existing state and utility programs. Members asked about current incentives across light-, medium-, and heavy-duty sectors, the recent decline in ZEV sales, and whether the program would help lower-income buyers rather than subsidize purchases that would have happened anyway. CARB said the proposal is meant to fill a gap in the light-duty market, where sales fell sharply after the federal credit expired, and noted existing programs for other vehicle classes. The Department of Finance also addressed a separate question about the Motor Vehicle Account, saying a previously planned GGRF transfer was no longer needed because updated forecasts showed the fund had sufficient balances, though LAO said the account still has a structural long-term imbalance. The discussion ended before any vote or action on the ZEV proposal.
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Natural Resources & Energy. (3-4-26)

Natural Resources & Energy

Transcript Highlights:
  • Utilities should procure needed resources competitively and in so doing they should stabilize and prioritize
  • doing resources competitively and in so doing they<00:08:36.919> should<00:08:37.159> stabilize
  • <00:08:38.400> and<00:08:38.560> prioritize they should stabilize and prioritize they
  • should stabilize and prioritize reliability,<00:08:40.520> safety,<00:08:41.360> security,
  • qualifications established in Senate Bill 8 will apply only to future appointments, ensuring continuity and stability
Summary: The committee met with a quorum, approved the prior minutes, and first heard Senate Bill 213 from Senator Phillip Wheeler. He described the bill as a response to rising electric bills, especially in Eastern Kentucky, and said it would give the Public Service Commission more tools to push utilities toward least-cost planning, require stronger integrated resource plans, and address utility service territories, utility sales, and generation contracts. He argued that monopoly service territories are privileges granted by the Commonwealth, not irrevocable rights, and said the bill would help prevent ratepayers from bearing the cost of poor utility decisions or sale premiums. He also said the bill would allow large new loads, such as data centers, to choose alternative power sources in certain areas to encourage economic development. Members asked questions about how the bill would work, especially the section stating that service territory rights belong to the Commonwealth and the provision dealing with utility sale premiums. Senator Wheeler explained that if a utility is sold at a premium, that premium should not simply be passed on to customers, and he said the bill aims to reduce costs for ratepayers and create more competition. Several members spoke in support of the bill’s goals while noting the complexity of utility regulation. Senator West said some companies had not been responsive to concerns about rates, Senator Williams said he would pass but wanted utilities to have enough generation to serve Kentucky users, and Chair Smith said the bill was a smart approach within the legislature’s limited authority. The committee then voted to report Senate Bill 213 favorably with the expression that the same shall pass. The committee then took up Senate Bill 8 from Senator Brandon Smith, which would modernize the Public Service Commission. He said the bill and committee substitute were intended to help the PSC handle increasingly complex utility regulation, infrastructure investment, and rate cases by expanding the commission from three to five members, with three gubernatorial appointees and two appointed by the Auditor of Public Accounts. He also said the bill would adjust the threshold for PSC review of electric transmission construction from one mile to five miles, to reduce delays while preserving oversight of major projects, and would update appointment terms and other language in the substitute. Smith said the changes were meant to improve staffing and expertise at the PSC and speed transmission buildout. The discussion was still underway when the transcript ended, and no final vote on Senate Bill 8 appears in the provided excerpt.
WY

Wyoming 2026 Regular Session

Senate Judiciary Committee, February 10, 2026

Judiciary

Transcript Highlights:
  • Uh, but for those who do, I think it can be a very big stabilizer and decompressor of the overall system
  • Uh, but for those who do, I think it can be a very big stabilizer and decompressor of the overall system
  • Uh, but for those who do, I think it can be a very big stabilizer and decompressor of the overall system
  • Uh, but for those who do, I think it can be a very big stabilizer and decompressor of the overall system
  • Uh, I think it can be a very big stabilizer and decompressor of the overall system.
MS

Mississippi 2026 Regular Session

Government Structure - Room 409, 12 January, 2026; 2:00 P.M.

Government Structure

Transcript Highlights:
  • My intent is to get a program that will stabilize rates on the Gulf Coast.
  • My intent is to get a program that will stabilize rates on the Gulf Coast.
  • My intent is to get a program that<00:31:39.919> will<00:31:40.799> stabilize<00:31:41.440
  • > rates<00:31:41.760> on<00:31:41.919> the<00:31:42.000> Gulf that will stabilize
  • rates on the Gulf that will stabilize rates on the Gulf Coast.<00:31:43.200> You<00:31:43.519
Summary: The committee held its first meeting under its new Government Structure Committee name and began by electing Senator Chris Johnson as secretary. The chair explained the committee’s purpose as improving efficiency, effectiveness, and stewardship of taxpayer dollars, and said members had asked statewide officials and agencies for ideas on streamlining government and reducing costs. Commissioner of Agriculture and Commerce Andy Gibson testified at length about ways his agency has found efficiencies, especially after the COVID-era consolidation of three agencies into one. He said state procurement and construction rules can add major time and cost to projects, citing a proposed $300,000 building that grew to about $1 million through the state process. He recommended raising repair and quote thresholds, streamlining construction procedures, reconsidering restrictions on payments between state agencies, and allowing more flexibility for agencies to help one another when authorized. Members questioned Gibson about the repair caps, the construction cost increase, Ticketmaster and other technology/vendor arrangements, and whether agencies should have more decentralized control over contracts. The chair and several senators agreed the committee should examine red tape, vendor relationships, and procurement rules, and Gibson said he would provide more information and work with the committee. No formal legislation was acted on in the portion provided. The transcript then shifted to testimony from the Insurance Commissioner, who said his department is heavily affected by IT and board structure issues and oversees 17 boards. He urged consolidation of some boards, criticized the effects of SB 2362 on special-fund agencies, and said the State Fire Academy and other operations have been constrained by general-fund treatment and limited authority. He also discussed insurance-rate pressures, including projected premium increases, wind pool rate concerns on the Gulf Coast, and the need for mitigation to stabilize costs.
MN

Minnesota 2025 1st Special Session

Committee on Higher Education - 03/25/25

Higher Education

Transcript Highlights:
  • The mental toll of never knowing what's coming, never even being offered the illusion of stability, the
  • FIG has provided fosters an opportunity for an education and an opportunity to create real stability
  • FIG has provided fosters an opportunity for an education and an opportunity to create real stability
  • FIG has provided fosters an opportunity for an education and an opportunity to create real stability
  • FIG has provided fosters an opportunity for an education and an opportunity to create real stability
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • participant needs, that consider reasonable and necessary cost of our providers, provide fiscal stability
  • participant needs, that consider reasonable and necessary cost of our providers, provide fiscal stability
  • <00:11:56.480> fiscal of our providers provide fiscal of our providers provide fiscal stability
  • 57.320> for<00:11:57.720> providers<00:11:58.720> uh<00:11:58.880> parti stability
  • for providers uh parti stability for providers uh parti participants<00:11:59.680> and<00:11:
Keywords: 958, all
Summary: The Budget Review Subcommittee on Health and Family Services met with a quorum still coming together and first handled roll call and minutes. The main presentation came from the Department for Medicaid Services, with Commissioner Lisa Lee and CFO Steve Beckle giving an overview of Kentucky Medicaid, its federal-state financing structure, and the department’s 1915(c) home- and community-based waiver programs. They explained FMAP funding levels for traditional Medicaid, administration, IT, expansion adults, and CHIP, and noted the size of the program, including more than 600,000 Kentucky children eligible for Medicaid or CHIP, about 485,000 expansion adults, over 69,000 enrolled providers, and $18.5 billion in 2024 expenditures. A major focus was the waiver system, including the acquired brain injury waivers, model waiver, independence waiver, Michelle P. waiver, and Supports for Community Living waiver. The department said these waivers are intended to keep people with physical or developmental disabilities in home and community settings rather than facilities, and that many services are not covered by Medicare or commercial insurance. Officials described participant-directed services, interagency administration, and eligibility rules, including that some waiver programs use the child’s income only rather than family income. They also reported an unduplicated waiver wait list of 13,930 people and said the General Assembly had added waiver slots in the last budget, including 650 ABI slots and 1,275 more to be allocated July 1, 2025. The department also discussed a waiver rate study conducted by Guidehouse, explaining that CMS requires a defensible rate methodology because there is no Medicare or commercial benchmark for many waiver services. They said the study used cost and wage surveys, provider and stakeholder input, and aimed to improve transparency, provider stability, and rate parity. Officials reviewed prior COVID-era Appendix K rate increases and budget-driven increases, and said the budget ultimately funded rates at about 70% of the benchmark study, while preserving higher existing rates where needed so no provider would be cut. They highlighted larger differences in behavioral support and case management rates, and said a public report is available. Members asked several questions about the potential impact of federal FMAP changes, especially possible reductions in the enhanced match for expansion adults and Medicaid IT/admin activities. DMS said any FMAP reduction would require more state general fund dollars, estimating about $75 million for each 1% drop in the expansion match, while impacts on administrative IT funding would depend on the systems being built or implemented in a given year. Members also pressed for clarification on waiver wait-list procedures, funded versus filled slots, and what happens when someone on the wait list is later found ineligible. DMS said people on the wait list may not yet have been assessed, can be reevaluated if conditions change, and are still eligible for regular Medicaid state-plan services if they qualify, even if they are waiting for waiver services.
NH

New Hampshire 2025 Regular Session

House Finance (02/14/2025)

Transcript Highlights:
  • to make cuts right now to help make expenses meet income and therefore avoid using the revenue stabilization
  • This particular budget has a significant chunk taken from the revenue stabilization fund.
  • revenue significant chunk taken from the revenue significant chunk taken from the revenue stabilization
  • 16.160> do<00:48:16.280> you<00:48:16.400> think<00:48:16.559> you stabilization
  • fund do you think you stabilization fund do you think you might<00:48:16.920> be<00:48:17.079
Keywords: 928, house, all
Summary: The Finance Committee heard a briefing from the governor on her recommended fiscal years 2026-2027 budget. She described it as a “recalibration” that reduces general fund spending by about $150 million from the prior budget, avoids tax increases, and aims to protect vulnerable residents while supporting the economy. She said the proposal addresses a projected current-biennium deficit, cites lower-than-expected revenues and off-budget spending, and includes a hiring freeze and other spending reductions. The governor also said the budget is built on current revenue estimates developed with the Department of Revenue Administration and the state’s chief economist. Major policy areas discussed included education, public safety, health and human services, housing, and workforce development. The governor said the budget increases spending on public education and special education, expands Education Freedom Accounts to public school students, funds a cell-phone-free classroom grant program, continues the community college tuition freeze, and supports workforce training. She also highlighted investments in the Group II retirement system for first responders, Northern Border Alliance and drug interdiction efforts, child advocacy and victim services, mental health services, developmental disability services with no wait list, and a streamlined housing permitting process with a 60-day review target. Committee members raised questions about the fiscal assumptions, the impact of possible federal funding changes, the Education Freedom Account expansion, dam infrastructure funding, and workforce issues such as state employee pay and vacant positions. The governor said the budget continues funding for federal programs currently assumed, and that she would advocate for block grants and other federal flexibility. On dams, administration officials said the budget includes about $13 million in capital funding, with possible fee increases under consideration. On staffing, the governor said the budget funds the previously bargained 12% state employee increase, includes eight position reductions tied to program changes, and would allow those employees to be rehired if openings arise. No votes or formal committee actions were taken during the briefing.
TX
Transcript Highlights:
  • Um, and so Senator Schwertner is right about that, and I think that now that the funds are stabilized
  • anticipated for the 2026-27 biennium include museum upgrades, a new roof, new HVAC, structural stabilization
  • So, sir, it's actually stabilized.
  • Your commitment to ensuring the financial stability and well-being of our state employees is deeply appreciated
  • thank you first for your support of Senate Bill 321 four years ago, which has been critical in stabilizing
Bills: SB 1
Summary: The committee heard budget presentations from the Legislative Budget Board and agency officials on several agencies, starting with the Texas Historical Commission. LBB described a large biennial reduction driven mainly by the removal of one-time funding and discussed capital projects, rider changes, and exceptional items including Presidio La Bahia and the National Museum of the Pacific War. Senators asked about heritage trails, courthouse grants, unexpended balance authority, and the status of historical-site funding. Historical Commission leadership emphasized preservation, courthouse restoration, heritage tourism, coordination with the Alamo and other Texas Revolution sites, and requested additional IT, staffing, and vehicle funding. No votes were taken. The committee then reviewed the Pension Review Board and the Employees Retirement System. The Pension Review Board’s budget was largely unchanged aside from IT maintenance and salary adjustments, with an exceptional item for additional IT enhancements. Members discussed the Dallas Police and Fire Pension System’s funding dispute and the need for a workable restoration plan. ERS presented a much larger budget, including funding for the retirement system, the group benefits plan, and the legacy payment intended to reduce unfunded liability. Senators focused heavily on pension investment returns, benchmark comparisons, and rising health-care costs, especially pharmacy spending driven by GLP-1 drugs; ERS said the plan covers about 540,000 lives and that premiums would rise 8% while benefits remain unchanged. ERS also said it had no exceptional items, and committee members requested more detailed benchmark information. The committee also heard from the Texas Emergency Services Retirement System and the Cancer Prevention and Research Institute of Texas. TESSORS reported an unfunded liability, an infinite amortization period, and requested additional state support, staffing, and IT funding, including a statutory change to allow a higher contribution level; the agency warned that without more funding it may have to cut benefits. CEPRIT’s presentation covered its bond-funded cancer research and prevention portfolio, revenue-sharing from funded projects, and a request to increase salary limits for its CEO and chief scientific officer. Senators questioned CEPRIT’s accomplishments and return on investment, while CEPRIT cited screening, prevention, and research outcomes, including tens of thousands of detected cancers and precursors and hundreds of thousands of first-time screenings. The meeting ended after these presentations and questions, with no recorded committee action or vote.
MN

Minnesota 2025-2026 Regular Session

Committee on Human Services - 03/19/25

Human Services

Transcript Highlights:
  • This has provided much needed financial stability to our workforce.
  • 04.880> our financial stability to our financial stability to our workforce.<01:10:07.360>
  • After a period of significant disruption, the senior care workforce has begun to stabilize.
  • <01:19:30.159> I<01:19:30.480> testified has begun to stabilize.
  • I testified has begun to stabilize.
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

Senate Health and Human Services (02/11/2026)

Health and Human Services

Transcript Highlights:
  • strain, and provide meaningful stability strain, and provide meaningful stability for<01:38:06.880
  • Fast Forward is actually helping stabilize that family for the long term. mechanism to fund fast forward
  • <02:47:23.520> with So, we were ultimately stabilized with So, we were ultimately stabilized
  • We provide a very broad coverage of a range of behavioral health services, including crisis stabilization
  • ,<03:03:51.359> inhome including crisis stabilization, inhome including crisis stabilization
Keywords: 1191, senate, all
MN

Minnesota 2025 1st Special Session

Omnibus budget for health, children and families passes House floor 5/12/25

Minnesota House Floor Meeting

Transcript Highlights:
  • We need to give them stability while we look at what the best system is to say how do we take all of
  • We need to give them stability while we look at what the best system is to say how do we take all of
  • We need to give them stability while we look at what the best system is to say how do we take all of
  • It is a win for the entire state to stabilize our hospital services, to also stabilize pharmacy services
  • Are we doing things to improve wages, and are we stabilizing it for the people that own it?
Keywords: 1183, house
CA
Transcript Highlights:
  • This investment strengthens public safety, addresses workforce shortages, and helps stabilize families
  • solutions proposed by the Governor, making a $20 billion discretionary reserve into the Budget Stabilization
  • solutions proposed by the Governor, making a $20 billion discretionary reserve into the Budget Stabilization
  • not oppose this use of funds primarily because we see the bridge contract as contributing towards stabilizing
  • Updating call-handling equipment is a key part of stabilizing the existing system, so we agree with this
Keywords: 987, senate, all
Summary: The committee held an informational hearing on the Governor’s May Revision proposals for labor, public safety/judiciary, and transportation, and no votes were taken. In Part A on labor, the Employment Development Department reviewed proposals for EDD Next document management system funding, updated UI loan interest costs, disability insurance and paid family leave benefit and administration adjustments, WIOA funding changes, UI administrative and benefit changes, school employee benefit adjustments, an EMT training reappropriation, and a technical correction tied to EDD Next. PERB discussed funding tied to AB 28 and AB 1, including litigation-related workload and new jurisdiction over legislative employees. DIR presented proposals for legal unit reclassifications, two major IT modernization projects, a new Cal/OSHA emerging technologies unit, a COIA reappropriation, and trailer bill language on electronic assessment payments and the DWC director salary cap. CalHR proposed additional funding for a consolidated employee assistance program contract, and CalPERS and CalSTRS presented budget adjustments tied to investment costs and state contribution changes. Members focused heavily on UI debt and interest payments, asking the administration for a plan to reduce the outstanding loan and relieve employers. Finance said no specific repayment plan was included in the May Revision, while LAO said the state’s UI tax structure is structurally insufficient and that any debt payoff should be paired with tax-system reform. Senators also questioned EDD Next costs and timelines, PERB’s caseload and staffing needs, and DIR’s emerging technologies unit, with LAO noting that the unit would appear focused on physical workplace safety rather than broader AI labor issues. CalHR said the new EAP contract would consolidate services, improve access to clinicians, and lower costs relative to the current model. CalPERS defended higher external management fees as part of a strategy to pursue higher net returns, while some members pressed for more transparency about private investments; CalSTRS said it was not prepared to address investment-strategy questions at this hearing. Public comment in Part A was dominated by advocates urging support for an immigration enforcement emergency relief fund, along with comments supporting the Jails to Jobs proposal, the Apprenticeship Innovation Fund, and additional PERB funding. The chair noted that many of the immigration-related requests might fall under other committees and said staff would follow up. In Part B, Finance and LAO outlined judicial branch and DOJ May Revision items, including funding for court interpreter services, appellate court security, lactation room implementation delays, courthouse construction reappropriations, and DOJ budget increases. LAO recommended approving the language-access proposal with a report on reducing interpreter cost growth and reducing the General Fund backfill for state court facilities by $10 million on an ongoing basis.
TX
Transcript Highlights:
  • as acute care: sore throats, if you have a snake bite, if you have appendicitis, you come in, we stabilize
  • She was pulled from her seat, resuscitated, intubated, stabilized, and flown to University Medical Center
  • We have to, first of all, stabilize that patient and use the technology and services that we have in
  • order to stabilize that patient.
  • and microphones in our emergency rooms, so a board-certified emergency room physician can help us stabilize
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026 at 10:00 am

Budget Section

Transcript Highlights:
  • So the first one there is the budget stabilization fund.
  • Committee, for our report from the Legacy and Budget Stabilization Fund Advisory Board, we're going to
  • Just to highlight, the budget stabilization fund at the end of March had a balance of $978 million and
Keywords: 908, all
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026

Budget Section

Transcript Highlights:
  • So the first one there is the budget stabilization fund.
  • Committee, for our report from the Legacy and Budget Stabilization Fund Advisory Board, we're going to
  • Just to highlight, the budget stabilization fund at the end of March had a balance of $978 million and
Summary: The Budget Section met to approve prior minutes and receive a series of budget, revenue, and program updates from OMB, the Tax Department, DOT, DMR, and DPI. OMB reported that general fund revenues through May were about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls, though the biennium is still projected to end with a positive balance. OMB also reviewed oil price and production assumptions, the budget stabilization fund transfer above its cap, Legacy Fund performance, federal grant applications, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, vacancy savings, and the DAPL settlement, noting that most of the settlement funds had been deposited but a small amount of accrued interest would require a future deficiency request. The committee then considered Emergency Commission requests. It approved requests for Public Service Commission abandoned mine lands federal authority, an Attorney General FTE and related funding for criminal investigator work tied to the Office of Guardianship and Conservatorship, and a DPI transfer for bridge software costs. After discussion, the committee also approved DPI’s request for a $500,000 transfer for the food vendor program, despite questions about the program’s savings and cash-flow structure. Later, the Tax Commissioner presented the primary residence credit program, reporting that current biennium costs are expected to exceed the appropriation by about $22 million and explaining how the credit interacts with homestead and disabled veteran credits and the 3% property tax levy cap. The Legacy and Budget Stabilization Fund Advisory Board reported strong returns for both funds, and DOT sought and received approval for two flexible fund highway projects on ND 49 and ND 31. DOT also updated members on Highway 85 construction and said remaining flex fund dollars were essentially fully allocated. DMR reported on the abandoned well plugging and site reclamation fund, noting North Dakota’s relatively small orphan well inventory, current and projected fund balances, rising remediation costs, and a possible need to adjust the fund cap in future sessions. Finally, DPI outlined the new integrated formula gap funding program, explaining that it compensates school districts that cannot reach the assumed 60-mill local contribution because of the 3% levy cap; the first year’s gap funding totaled about $1.8 million, with future costs expected to grow.
ND

North Dakota 2025-2026 Regular Session

Budget Section Jun 24th, 2026

Transcript Highlights:
  • So the first one there is the budget stabilization fund.
  • Committee, for our report from the Legacy and Budget Stabilization Fund Advisory Board, we're going to
  • Just to highlight, the budget stabilization fund at the end of March had a balance of $978 million and
Summary: The Budget Section approved the March 18 minutes and received an OMB update showing the general fund is still ahead of the budgeted starting point, but revenues through May are now about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls. OMB also reported the budget stabilization fund is above its cap, meaning a transfer to the general fund is expected, and reviewed oil price/production assumptions, noting continued volatility. Members asked about the income tax netting process, the sales tax decline, oil price discounts/premiums, natural gas taxation, and when the executive branch would present its revenue forecast. The committee then acted on several Emergency Commission requests. It approved, as a group, requests for federal mine reclamation funds for the Public Service Commission, an additional criminal investigator FTE and funding for the Attorney General’s office, and a DPI transfer for bridge software costs. It separately approved DPI request 2164 for $500,000 to support the food vendor program after debate over whether the program’s savings were known and whether the money was simply a pass-through. OMB also reported on federal grants, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, FTE pool usage, vacancy savings, and the DAPL settlement, noting the settlement funds had been deposited and that a deficiency appropriation may be needed later to cover remaining accrued interest. Tax Commissioner Brian Kroshus presented on the primary residence credit program, saying participation has grown sharply and that the current biennium will likely need about $431 million, roughly $22 million above the appropriation. He explained how the credit interacts with homestead and disabled veteran benefits, how the 3% property tax cap works, and why county valuations and mill rates vary. The committee also received a Legacy Fund/Budget Stabilization Fund report showing strong returns, and DOT Director Ron Henke received approval for two Flex Fund highway projects on ND 49 and ND 31. Henke also explained remaining Highway 85 funding and said the department is exploring uses for leftover state dollars. Finally, the Department of Mineral Resources reported on abandoned well plugging and site restoration, noting North Dakota remains in relatively strong shape compared with other states, and DPI began a presentation on gap funding tied to the 3% levy cap, reporting 24 districts received $1.8 million in the first year and projecting higher future needs.
LA

Louisiana 2026 Regular Session

Senate May 21st, 2026

Louisiana Senate Floor Meeting

Transcript Highlights:
  • amend Title 3 relative to the regulation of food and food safety, to provide relative to the Dairy Stabilization
  • House Concurrent Resolution No. 3 is a concurrent resolution to provide for a hospital stabilization
  • Three, by Representative McFarland, is a concurrent resolution to provide for a hospitalization stabilization
Bills: SR134, SR135, SR136, SR137, SR140, SR141, SR142, SCR75, SCR77, SCR12, HB75, HB1199, HB221, HCR89, HCR96, HCR103, HCR108, HCR58, HB9, HB177, HB181, HB198, HB202, HB223, HB225, HB387, HB398, HB457, HB459, HB540, HB591, HB616, HB766, HB775, HB783, HB797, HB895, HB906, HB950, HB975, HB1028, HB1052, HB1057, HB1076, HB1100, HB1139, HB1155, HB1160, HB1182, HB1186, HB1220, HB1222, HB1223, HB1224, HB1228, HB1231, HB1245, HB1256, SCR3, SB393, SB401, SB415, SB426, SB435, SB487, SB488, SB523, SB56, SB163, SB341, SB504, SB322, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR27, HCR28, HCR66, HCR67, HCR72, HCR31, HCR47, HCR41, HB363, HB368, HB377, HB380, HB386, HB392, HB431, HB441, HB559, HB664, HB685, HB715, HB741, HB822, HB856, HB908, HB980, HB990, HB999, HB1010, HB1243, HB54, HB137, HB180, HB192, HB310, HB321, HB396, HB512, HB552, HB578, HB638, HB663, HB708, HB717, HB718, HB1009, HB1082, HB1104, HB1107, HB1198, HB1246, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB915, HB917, HB921, HB930, HB933, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, HB316, HB511, HB799, HB1039, HB12, HB66, HB145, HB167, HB196, HB213, HB218, HB222, HB256, HB291, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB17, HB36, HB41, HB47, HB73, HB126, HB133, HB140, HB159, HB166, HB211, HB226, HB271, HB324, HB337, HB351, HB399, HB571, HB712, HB723, HB726, HB750, HB759, HB844, HB966, HB1006, HB1018, HB1036, SB29, SB42, SB43, SB78, SB208, SB217, SB274, SB300, SB379, SB382, SB387, SB441, SB449, HB74, HB134, HB258, HB359, HB468, HB956, HB1117, SB149