Transcript Highlights:

• Citizens in those wards will elect their judges and marshals directly beginning in 2026.
• In 2018, I was elected mayor of Bunkie and served for one term.
• In 2018, I was elected mayor of Bunkie and served for one term.
• And then it became, having received the two-thirds vote of the elected members, was finally passed.
• This bill proposes to up the triggering threshold from 5,000 in population to 9,000 in population.

Summary: The Senate Committee on Judiciary B met on May 14, established a quorum, approved the May 5 minutes, and then took up a long agenda of bills and resolutions. The committee first heard House Bill 1252, which would expand and modernize local court jurisdiction in Avoyelles Parish by enlarging the Marksville and Bunkie city courts, adding small claims, misdemeanor, juvenile, and civil jurisdiction, and allowing online payments and virtual appearances. Supporters said it would keep justice local and reduce pressure on district court, while opponents urged more study and warned about impacts on existing courts and funding. The committee adopted Amendment Set 3835 and reported HB 1252 with amendments. It also reported HB 167, requiring state prisons to provide release documentation to inmates; HB 1038, after amendments and continued negotiation with marshals and constables; HB 1077, allowing microbreweries to sell at certain special events; HB 1204, changing administration of the Back on Track Youth Pilot Program to the Office of Juvenile Justice; HB 492, placing the Governor’s Impaired Driving Task Force into statute; HB 175, dedicating $500,000 in lottery proceeds annually to a veterans service grant fund; HCR 41, directing ATC to allow electronic beer rebates; HB 833, creating a Sexual Assault Survivor Empowerment Task Force; HB 656, creating a pilot program for inmate-administered services; HB 978, raising the population threshold for mayor’s courts to remit indigent defender fees; and HB 969, updating and expanding the crime victim compensation program. The committee also approved HB 985, which adds QR codes to sex offender identification cards, after adopting Amendment Set 3861, and HB 579, updating the Sexual Assault Survivors’ Rights Act, after adopting Amendment Set 3830. Several bills drew notable opposition or requests for further work. HB 968, which creates a framework for electronic monitoring providers to notify courts before removing ankle monitors for nonpayment, drew objections from the ACLU and a vendor representative who argued it would turn criminal courts into debt-collection forums and could lead to jail for inability to pay; the author said the bill was intended as a public-safety framework, not debt collection. Despite those concerns, the committee reported HB 968 favorably and agreed to move a 10-day-to-15-day notice change on the floor. HB 525, requiring DOC to publish more incarceration data, especially from local facilities, was opposed by the Louisiana Sheriffs’ Association, which said the bill would impose substantial new reporting burdens; DOC said it was already posting most of the data and would continue updating it. The committee ultimately deferred HB 525, with members encouraging further work. HB 1005, a cleanup-and-restructuring bill for the Office of the State Public Defender, was reported favorably after the Louisiana Association of Criminal Defense Lawyers raised concerns about substantive changes, including removal of board approval for the state public defender and changes to district defender protections; Vice Chair Harris said he would work with stakeholders on those issues. HB 1029, a local alcohol-permit moratorium bill for House District 3, was voluntarily deferred to next week so the author could address concerns about the length of the moratorium. The meeting ended after all scheduled business was completed, with the committee agreeing to revisit the deferred items later.

Transcript Highlights:

• <01:20:29.679> It's protect the integrity of elections.
• It's protect the integrity of elections.
• The next increment goes down. $35,000 is the highest threshold.
• So if you steal threshold.
• government entities that have elected government entities that have elected officials<02:12:50.400

Bills: HF3043, HF2891

Keywords: public safety, illegal remunerations, healthcare fraud, grants, criminal penalties, state law, grants management, state employees training, certification, monitoring grants, accountability, grant fraud, 1183, house

Transcript Highlights:

• Last term, we increased the threshold to really try to focus those dollars that are generated at the
• Like when I first got elected in 2021, I became obsessed with compensatory revenue, and I'm glad that
• Um last term we<00:06:22.960> increase<00:06:23.199> the<00:06:23.440> threshold
• And folks, go look at the school board elections right now.
• Go look at the fact elections right now.

Bills: HF1048, HF1049, HF745, HF2210

Keywords: charter schools, education funding, revenue calculation, general education revenue, special education, school library aid, education finance, school districts, funding eligibility, compensatory revenue, task force, free meals, school funding, education equity, HF2210, school unemployment aid, Minnesota Department of Education, general fund appropriation, unemployment insurance, unemployment claims

Transcript Highlights:

• Um, so constables are elected, so you're mostly referring to the constable deputies.
• Uh, so would the constable, the elected official, still have the power to say, hey, I don't think we
• Yes, yeah, I want to know if, what if the constable is not the elected constable is not in agreement.
• Can they opt out from doing the service because they are elected just like the commissioner's court and
• They're obviously they're low income, so they meet the low income threshold, and they're disabled, so

Bills: HB303

Keywords: jail standards, living conditions, Harris County jail, safety, inmate welfare

Transcript Highlights:

• in an election year. in an election year.
• We raise the magazine threshold so that it doesn't capture some commonly used handguns.
• Partisanship in an election year is blocking the progress our kids deserve.
• representatives who they have elected representatives who they have elected defend<02:43:51.200>
• election year and we need to win votes. election year and we need to win votes.

Keywords: 1187, senate, all

Transcript Highlights:

• threshold the next year in 2029.
• <01:37:10.080> coming tried to to address the election coming tried to to address the election
• <01:57:44.639> Senate members elected to the house. Senate members elected to the house.
• A majority of the elected members is required.
• A majority of the elected members is required to adopt the report.

Keywords: 916, all

Transcript Highlights:

• That's not what the election fund was designed to do.
• Election readiness for the 2026 election, our workforce stability, and our financial and compliance safeguards
• security and the elections program.
• That is not what the election fund is for. The election fund is for direct election costs.
• that election this year.'

Keywords: 996, all

Transcript Highlights:

• <03:25:12.479> school educators and locally elected school educators and locally elected school
• By creating an our election system.
• districts which leads to elected districts which leads to elected officials<03:44:26.239> who
• . elections. elections.
• Whether you agree with election laws?

Keywords: 1189, house, all

Transcript Highlights:

• It increases the adjusted gross income requirements for an individual taxpayer to elect to have any excess
• Like, are these businesses able to fall under that threshold because of deducting business expenses and
• <00:42:21.640> fall<00:42:21.920> under<00:42:22.160> that<00:42:22.400> threshold
• able to fall under that threshold able to fall under that threshold because<00:42:23.920> of<
• four that add new language to the bill with these extra dollar riders for the different sort of thresholds

Bills: SB3326

Keywords: renewable energy, energy storage, cost reduction, public utilities commission, Hawaii energy policies, 910, house, all

Summary: The joint committees on Energy and Environmental Protection and Labor heard SB 3326, a bill concerning a study of separating transmission from generation in Hawaii’s electric system. Testimony was largely opposed. Life of the Land argued that true separation on an isolated island grid has not been shown to work anywhere and said the bill would waste taxpayer money. Hawaiian Electric and the Public Utilities Commission also opposed the measure, saying Hawaii already uses competitive bidding for new generation, that the bill would add cost, complexity, and reliability risks, and that a new study would duplicate prior work. In response to questions, the PUC explained its existing competitive bidding framework and said it had not seen an island system fully restructure in this way. The chair then amended the bill’s intent to require the PUC to open a proceeding for an independent, comprehensive analysis of the state’s energy pathways, including cost reduction, financial risk, state energy goals, and reliability, rather than narrowly focusing on separation. Both committees voted to pass SB 3326 SD2 with amendments, with the Energy committee adopting the recommendation unanimously and the Labor committee adopting it with one reservation and two no votes. The Energy and Environmental Protection Committee then took up SB 2497 SD2, which would require electric utilities other than cooperatives to provide transparent, publicly accessible customer bill impact analyses and annual reports to the PUC. The Department of Commerce and Consumer Affairs and the PUC offered comments, with the PUC supporting the intent. Life of the Land said the proposed disclosure requirements would be too complex for most ratepayers to use meaningfully, while Hawaiian Electric said the bill could raise costs and slow projects, though it acknowledged some of the language changes and said much of the information is already available through existing planning and regulatory processes. Hawaii Clean Power Alliance and one individual testified in support. No vote was taken on SB 2497 SD2 during the excerpt. The committee also heard SB 3183 SD2, which would bar higher-income taxpayers from claiming the renewable energy technologies income tax credit for certain residential solar systems and would change refundability rules. The Department of Taxation, the Hawaii State Energy Office, and the Tax Foundation offered comments, while the Hawaii Solar Energy Association and numerous companies and individuals opposed the bill. Opponents raised concerns about impacts on financing models and the solar market. Members asked the Department of Taxation for data on how credits are claimed by homeowners versus third-party owners and on the refundability of the credit; the department said it did not have the information immediately available but would follow up. The chair indicated decision-making would likely be deferred to allow further review, and no vote was taken in the excerpt.

Transcript Highlights:

• I'm the director of tax, fiscal policy, and elections for the Minnesota Chamber of Commerce.
• I'm the director of tax, fiscal policy, and elections for the Minnesota Chamber of Commerce.
• at $10 million and much lower threshold at $10 million and which<00:31:05.880> would<00:31:06.000
• In other words, if the value of the business or business assets pushes them over the threshold, these
• Once in place, the threshold of what constitutes wealth could be decreased over time, which would place

Bills: HF4621, HF4123, HF4616, HF1183

Keywords: child tax credit, financial assistance, low-income families, state revenue, tax policy, net investment income, taxation, business income, self-employment, tax increase, wealth tax, fairness, public services, high-income earners, economic equity, Internal Revenue Code, employee classification, federal law, Minnesota statutes, 1183

Transcript Highlights:

• desire to speak out to our elected desire to speak out to our elected officials. officials. officials
• context of elections and political speech. speech. speech.
• <03:02:58.200> He election. They were over their heads. He election.
• It is based on population, and it's pretty the threshold per capita.
• It is based on population, and it's pretty the threshold per capita.

Keywords: 916, all

Transcript Highlights:

• Due to their schedules, it is our policy to call elected officials out of turn.
• I know that is something that you all, as you're elected, is central to what you do and what you care
• I was elected during COVID, and we haven't been able to do much on the capital outlay.
• We need $5,000 down to get you below the threshold we're allowed to have in order to set up a payment
• Even before the elections this week, over the past three years, there were over 170 override votes held

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hybrid hearing on several property and local tax bills. The main focus was H.56, the Municipal Empowerment Act, which the Healey-Driscoll Administration, the Massachusetts Municipal Association, MAPC, and Salem Mayor Dominick Pangallo supported as a package of local options and administrative reforms. Supporters said municipalities need more tools to relieve pressure on property taxes and fund services, citing proposed increases to local meals and lodging taxes, a new local vehicle excise surcharge, senior property tax relief, one-year override flexibility for emergencies, and central valuation of telecom and utility property by DOR. The administration said the bill was based on municipal listening sessions and was intended to give cities and towns optional, not mandatory, revenue tools. Opponents, including the National Federation of Independent Businesses, argued the tax increases would hurt restaurants, hotels, tourism, and small businesses and add to affordability concerns. The committee also heard testimony on H.3211, dealing with deeds excise receipts, from Norfolk County Commissioner Richard Staidi. He said Norfolk County is financially stable but needs additional revenue for major capital needs at its agricultural school, especially a new cafeteria and other aging facilities, and also to support county programs such as veteran transportation services. On S.2020, a bill to allow settlements of tax liability, Greater Boston Legal Services, the Asian American Civic Association, and several individual taxpayers urged creation of a more workable offer-in-compromise process at DOR. They said the current system is too subjective, requires an unaffordable $5,000 threshold, lacks clear standards and appeal rights, and leaves low-income taxpayers stuck with unmanageable debt, license suspensions, or business closures. Supporters said the bill would give both taxpayers and DOR a practical way to resolve liabilities and bring people back into compliance. The committee also took testimony on S.1966, which would require nonprofits selling property to disclose any back-tax obligations to buyers. Senator Peter Durant said the bill was prompted by a personal experience in which a tax bill arrived after a nonprofit property purchase was already completed, and he argued the disclosure would prevent buyers from being surprised by retroactive tax liability. No votes were taken during the hearing, and the chair closed the session after hearing from all scheduled witnesses.

Transcript Highlights:

• And then you would have a situation where a mother who had elected for a lawful medical procedure, I
• “Mother who had elected for a lawful medical procedure, I think you’re talking about a lawful medical
• And if so, what would the threshold be for a coroner or a medical examiner to come in and determine the
• A lot of people, all the people I'm going to talk about, all of whom you are elected to represent, will
• We all get elected, we all take time away from our families, and so we have a duty when we're creating

Summary: The Civil Justice and Claims Subcommittee met to consider one measure, PCS for HB 289, which would amend Florida’s wrongful death statute to allow parents of an unborn child to recover damages for the child’s wrongful death and to include parents in the definition of survivors. The sponsor said the bill is intended to give parents a remedy when a wrongful act, negligence, breach of contract, or breach of warranty causes the loss of an unborn child, while also preserving existing protections for lawful medical care and the mother. Members questioned the bill extensively about the meaning of “survivors,” whether it could reach surrogacy situations, friends or family who assist someone in obtaining abortion care, paternity issues, and whether abusive or unqualified fathers could bring claims. The sponsor repeatedly said the bill is limited to parents, does not authorize suits against the mother or lawful medical providers, and would still require the normal wrongful death procedures, including appointment of a personal representative. He cited Duncan v. Flynn as the case holding that current law does not allow recovery for the death of an unborn child. Representative Gottlieb offered an amendment modeled on criminal-law protections, aimed at expanding explicit immunity for a pregnant woman and for persons providing medical care or abortion-related conduct with consent. Supporters of the amendment said it would better align civil law with criminal protections; opponents argued it was overly broad and could shield unlicensed conduct. The amendment failed on a voice vote. Public testimony was divided, with supporters from pro-life and Catholic organizations backing the bill and some asking to remove the health care exemption, while opponents from ACLU, Equality Florida, Planned Parenthood affiliates, Florida Voice for the Unborn, Voices of Florida, and others warned the bill could chill reproductive health care, increase liability for doctors and hospitals, and invite lawsuits involving surrogates, family members, and abortion-related care. In debate, supporters said the bill simply recognizes the value of unborn children and gives parents a remedy for wrongful loss, while opponents argued it could create unintended consequences in family law, surrogacy, IVF, and medical practice, and could empower abusive partners or rapists. After closing remarks, the committee voted 13 yeas and 3 nays to report PCS for HB 289 favorably. The meeting then adjourned.

Transcript Highlights:

• Before being elected, I was a lobbyist for a long time, followed by Florida's public council.
• yes, those are the cities I had particular interest here because, like a few of you here, I've held elected
• This is my first time ever being elected, but I'm extremely excited to get my hands dirty and go to work
• Lastly, we are elected by our constituents to be their voice here in Tallahassee.
• There's very specific revenue thresholds.

Summary: The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians. The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline. Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• and they're making their elections and they're making their voices<01:07:53.680> heard.
• Everybody's elected, right? So, the head of the school district and so on.
• Everybody's<01:19:26.000> elected,<01:19:26.640> right?
• So, the head Everybody's elected, right?
• <01:19:35.920> superintendent that there is an elected superintendent that there is an elected

Keywords: 928, house, all

Summary: The meeting focused on school governance and a proposed shift in responsibilities related to SAU consolidation, with committee members first discussing how school board members and other local officials would be selected for future testimony. The main presentation came from the New Hampshire Association of School Principals, whose executive director Brady Belair and several principals argued that mandatory statewide administrative consolidation should be approached cautiously and that any consolidation should be voluntary and locally driven. They said anticipated savings may not materialize, citing possible higher personnel, transportation, and technology costs, and warned that forcing changes could create disruption without improving student outcomes. Principals testified that their jobs are already broad and demanding, centered on instructional leadership, student safety, staff supervision, family communication, and day-to-day crisis response. Kathleen Murphy of Amherst described working 60 to 70 hours a week and said principals spend substantial time coaching teachers, handling student issues, and supporting school climate; she said adding more administrative duties would compromise student learning and teacher growth. Adam Osborne of Bow Memorial School similarly described principals as daily problem-solvers who set school-level direction and create conditions for schools to thrive. The witnesses also emphasized that principals, superintendents, school boards, and business administrators have different training and responsibilities, and that specialized tasks such as special education compliance, FERPA/HIPAA issues, and labor matters require appropriate expertise. Committee members questioned the witnesses about overlap between superintendent and principal duties, the completeness of statutory responsibility lists, and whether some functions such as curriculum, discipline, hiring, and evaluation are shared. The principals acknowledged some overlap and collaboration, but said superintendents typically handle broader system-level, legal, and central-office responsibilities while principals focus on building-level leadership and teacher support. One member raised the earlier expectation that districts might move to a principal-plus-business-manager model, but the witnesses said that model did not develop as expected and that district structures vary widely. No votes or formal actions were taken in the portion of the meeting provided.

Transcript Highlights:

• >> The one in September is for current members only who are running for re-election.
• If you're not running for re-election, then you cannot use that September window.
• and then there's one for newly elected and then there's one for newly elected in<01:16:13.280>
• If you're not running for re-election.
• for re-election, then you cannot use<01:16:26.880> that<01:16:27.120> September<01:16:

Keywords: 1189, house, all

Transcript Highlights:

• Through the Carter Center, Jimmy and Rosalynn promoted peace, monitored elections in more than 40 countries
• He went on to carry the state in the general election, and he had, in my view, a very successful president
• , In the general election, and he had, in my view, a very successful presidency, notwithstanding criticism
• Members, HB 3092 moves the CCN exemption threshold from three miles to five miles. I move passage.
• ballot positions, and related procedures and provisions; referred to the Committee on Elections.

Summary: The House convened with a quorum, heard the invocation and pledges, and then took up a series of memorial resolutions and recognitions. Members adopted memorial resolutions honoring former President Jimmy Carter and Dr. Alice Gail Hudgens, with remarks highlighting their public service and community impact, and adopted resolutions recognizing Victoria College’s 100th anniversary and May 2025 as Mental Health Awareness Month. The chamber also recognized Texas A&M system interns and later granted permission for several committees to meet while the House was in session. The House then moved through a long third-reading calendar, passing a number of bills on wide margins. Measures approved included SB 304 on municipal court jurisdiction over nuisance abatement ordinances, SB 608 on reporting evidence collection kits, SB 2312 creating a Texas Advisory Committee on Geopolitical Conflict, SB 494 creating a petroleum theft task force, SB 530 on postsecondary accreditation, HB 45 giving the Attorney General a role in prosecuting human trafficking cases, HB 35 on peer support for first responders, HB 47 and HB 3073 on sexual assault policy and prosecution, HB 318 and HB 3000 creating rural sheriff and ambulance grant programs, HB 554 on Juneteenth fireworks sales with county opt-in authority restored, HB 705 and HB 932 joining licensure compacts for cosmetology and occupational therapy, HB 849 allowing county park boards to meet by video conference, HB 1119 on mental health bed reporting, HB 3041 on students with nontraditional secondary education, HB 713 on maternal mortality review reporting, HB 3104 on Webb County bailiff appointments, HB 3970 on electricity planning for large loads, HB 4042 on Railroad Commission safety provisions for gas distribution pipelines, HB 4490 protecting next-of-kin information, HB 1731 on the physician assistant compact, HB 2607 on Walker County Hospital District governance, HB 3689 on Texas Windstorm Insurance Association funding, HB 1788 on continuing education for barbers and cosmetologists about abuse and trafficking, HB 1612 on hospital direct payments for uninsured patients, and HB 138 on health impact cost and coverage analysis. Several bills drew extended debate or amendments. HB 353, creating a trespass offense near schools and daycares, prompted questions about constitutional concerns and property rights before passing. HB 3211 on optometrists in managed care plans received a perfecting amendment and a Medicaid-related amendment setting a minimum payment level. HB 1056 on gold and silver specie and a state-based currency prompted detailed questioning about its mechanics and fees, followed by a point of order challenging the caption. The House also adopted or postponed a number of items, including postponing HB 2520 and HB 1359 until later in the calendar before later passing both, and laying several bills on the table subject to call. Many measures passed overwhelmingly, while a few, including HB 3326 on loan forgiveness for adjunct professors and HB 3237 on energy consumption goals, passed with narrower margins.

Transcript Highlights:

• And with that, I'd be happy to take any questions. about thresholds for uh certain fees and about thresholds
• Um, so our other recommendation would be to put a minimum amount of time or some sort of threshold that
• Um, so our other recommendation would be to put a minimum amount of time or some sort of threshold that
• Um, so our other recommendation would be to put a minimum amount of time or some sort of threshold that
• Um, so our other recommendation would be to put a minimum amount of time or some sort of threshold that

Keywords: 1189, house, all

Transcript Highlights:

• That actually puts us next year below the $600 million threshold a little bit, and even in 2028 a little
• One thing we do need to note is that, depending on the outcome of the election, the May 16 election,

Summary: The Revenue Estimating Conference met with four members present and first approved the prior meeting minutes and recognized the FYI end-of-balance of $577,077,871 as nonrecurring revenue. The main business was revising the state revenue forecast for FY 2026, FY 2027, and the long-range outlook. The Division of Administration recommended a $113 million reduction to the FY 2026 State General Fund forecast and a $104 million reduction for FY 2027, citing weaker-than-expected individual income tax collections, softer corporate income tax receipts, and some weakness in general sales tax, partly offset by stronger motor vehicle sales tax and higher mineral-related revenues tied to oil prices. The Legislative Fiscal Office presented a somewhat different but broadly similar forecast, with modest net increases to the general fund bottom line in the current year and next year, emphasizing caution on income and corporate taxes and more optimism on sales, severance, royalties, and some other revenue streams. A substantial portion of the discussion focused on the causes of the income tax shortfall, especially withholding and refund patterns after tax changes that lowered rates. Department of Revenue officials explained that withholding tables had been set with a cushion that may be producing larger refunds, and said changing the tables could quickly reduce overwithholding, though the effect would take time to show up. Members also discussed corporate collections, the lingering effects of the franchise tax repeal, the role of settlements and audits, and the extent to which collections are voluntary versus enforcement-driven. The Department of Revenue said corporate collections still had key filing and estimated-payment milestones ahead in May and June, and that refund and audit activity related to the former franchise tax would continue for some time. The conference then adopted the Division of Administration’s FY 2026 forecast, the FY 2027 recurring forecast, and the long-range forecast, along with the proposed inflation rates for the Millennium Trust and parish severance allocation. Members also adopted the incentive expenditure forecast, noting that the reported amount is only the REC-reported portion and that larger tax exemption amounts come off the top before appropriations. The Treasurer reported a General Fund cash balance of about $404.1 million as of May 5, 2026, and an interfund borrowing base of about $9.18 billion, saying cash levels were similar on average to the prior year. The meeting ended with a note that another REC meeting might be needed depending on the May 16 election, and the conference adjourned without objection.

Transcript Highlights:

• That actually puts us next year below the $600 million threshold a little bit, and even in 28 a little
• One thing we do need to note is that, depending on the outcome of the election, the May 16 election,

Keywords: 965, house, all

Summary: The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast. The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted. Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.