Transcript Highlights:

• The rules as amended, we'll vote now on the rules as amended with amendment five.
• further discussion on amendment further discussion on amendment five<00:09:11.519> seeing
• rules as amended we'll vote now on the rules<00:09:25.120> as<00:09:25.320> amended<00:
• 09:25.680> with<00:09:25.839> amendment<00:09:26.600> five rules as amended with
• amendment five rules as amended with amendment five further<00:09:28.000> discussion<00:09:28.640

Keywords: 928, house, all

Summary: The Fiscal Committee met on January 30, 2025, and first organized itself by electing Senator Jim Gray as vice chair, electing Representative F as clerk, appointing Michael Caine as legislative budget assistant, and adopting the committee’s rules and procedures. The committee also adopted an amendment to the rules allowing audits to be automatically released to the public once placed on the Fiscal Committee agenda, with members discussing that the change would improve transparency and reduce paper handling. The minutes from the November 15, 2024 meeting were approved, with members who were absent abstaining. The committee then worked through a consent calendar and several individual items. It removed or noted withdrawals on a few items, including item 25004 for further discussion, item 25016 withdrawn by the Department of Education, item 257 removed by Representative F, and item 25001 removed under Tab 4. Item 25004, concerning the newborn screening program, prompted testimony from the Department of Health and Human Services explaining that the program is mandatory with an opt-out provision; officials said 99.2% of newborns were screened in 2023, meaning the opt-out rate was under 1%. The committee also approved item 25007, related to DHHS community health workers and telework policy, after hearing that the workers are not placed in schools and that DHHS follows statewide telework policy. On the regular calendar, the committee approved a Department of Administrative Services request to extend the release date for fiscal year 2024 numbers to March 31, and approved a Department of Fish and Game item. It also approved winter maintenance funding for the Department of Transportation after hearing that the $5.7 million request might not last through the winter if additional storms occur; DOT said even a small storm can cost more than $1 million and that crews are dispatched based on road conditions and supervisory judgment. The committee then approved items for the Judicial Council and the Office of Legislative Budget Assistant. The final discussion focused on the Health and Human Services dashboard and the Youth Development Center claims. DHHS acknowledged a data error in the APS client line and said Community Mental Health Center caseload data is still not fully accurate because two centers are undergoing EHR conversions. Members also asked about the low census at the Sununu Youth Development Center and about the process for managing future claims related to the YDC settlement fund. Witnesses from the Attorney General’s office said the fund is handled through a unique arrangement involving DOJ appropriations and judicial branch staff, that current judicial budget cuts are not yet affecting the litigation pace, and that the average resolution so far has been about $500,000, though future claims may vary. No votes were taken on the discussion items beyond the approvals noted above.

Transcript Highlights:

• <00:18:58.000> and we need to look at the last budget and we need to look at the last budget
• chair cnic said we have a huge budget chair cnic said we have a huge budget problem<00:36:51.880
• The amendment passed unanimously.
• the author's oral add the oral Amendment the author's oral Amendment A1<00:51:06.359> sure<00
• <00:51:09.960> to Amendment it's a technical amendment to Amendment it's a technical amendment

Bills: HF2066, HF340, HF341, HF566, HF2107, HF2130

Keywords: electric bicycles, tax rebate, transportation, environment, local economy, fleeing peace officer, culpable negligence, traffic laws, public safety, motor vehicle offenses, driving violations, penalties, license suspension, traffic enforcement, all-terrain vehicle, ATV, class 1 ATV, class 2 ATV, road rights-of-way, public roads

Transcript Highlights:

• There's an amendment at the desk. The clerk will report the amendment.
• Representative Niska moves to amend House File 14. The amendment is coded A2.
• clerk will report the amendment. clerk will report the amendment.
• Niska moves to amend House number 14. Niska moves to amend House number 14.
• We can't offer amendments. We're input. We can't offer amendments.

Keywords: 1183, house

Transcript Highlights:

• If we can hand out our amendment, please? Yes, let's do hand that out.
• Amendment number 234169 4.
• For employers who already fund a large share of New Mexico's budget.
• In our amendment, we've struck items 3 through 6, and I have the amendment pulled up here.
• Any more debate on the amendment? Okay, we are going to do a roll call vote on the amendment.

Bills: SB240

Keywords: capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding

Transcript Highlights:

• . >> As amended? >> Oh, I'm sorry, as amended.
• Uh<00:01:39.280> amendments Uh amendments Uh amendments >> as<00:01:40.720> oh<00
• agreement about amendments. agreement about amendments.
• House File 3127 as amended.
• increase in his current budget horizon. increase in his current budget horizon.

Bills: HF3127, HF3816, HF3814, HF3815, HF3817

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, corporate franchise tax, individual income tax, research expenditures, federal compliance, Minnesota Statutes, income tax, corporate tax, section 179, federal conformity, HF3815, Minnesota taxes, tax conformity, Internal Revenue Code, IRC conformity

Transcript Highlights:

• House Bill 544, an act relating to branch budget bills, will go through a title amendment.
• House Bill 544, an act relating to branch budget bills, will go through a title amendment.
• > as<00:20:46.679> well of budget state budget director as well of budget state budget
• two as amended by the amendment all two as amended by the amendment<00:33:05.440> all<00:33:05.720
• Amendment motion on the title Amendment Amendment motion on the title Amendment have<01:00:06.039

Keywords: Meeting start 00:00:00 Roll Call 00:00:12 SB 28 Discussion 00:01:33 SB 28 Vote 00:04:05 SJR 26 Discussion 00:05:32 SJR 26 Vote 00:07:10 HB 741 Discussion 00:08:30 HB 741 Vote 00:14:00 HB 544 Discussion 00:15:40 HB 544 Vote 00:28:15 HB 775 Discussion 00:31:20 HB 775 Vote 00:56:00 HJR 33 Discussion 01:00:25 HJR 33 Vote 01:01:40, 958, all

Summary: The committee met on March 11, 2025, with a quorum present and first adopted a committee substitute for Senate Bill 28. The bill would create a framework for using $5 million previously set aside for agricultural economic development through the Kentucky Department of Agriculture, including loan and grant programs. Members asked about changes in the substitute, and the sponsor explained that it revised the board composition to include members with more experience in finance, lending, and economic development. SB 28 was approved 20-0 and reported favorably. The committee then approved Senate Joint Resolution 26, which directs the Department for Medicaid Services to provide the Legislative Research Commission a report on pharmacist pay parity and the cost of allowing independent pharmacists and pharmacies to be reimbursed by Medicaid for services within their scope of practice. The sponsor and Kentucky Pharmacists Association representative described it as a request for information rather than a policy change. The resolution passed 20-0 and was reported favorably. House Bill 741, relating to public water and wastewater systems, was next. The sponsor said the substitute incorporated Kentucky Infrastructure Authority recommendations, clarified best management practices, and allowed storm water inflow and groundwater infiltration reduction projects to be scored more fairly alongside water projects. Members discussed how the bill narrows eligibility to systems most in need and refines the scoring process for the program created last session. HB 741 passed 20-0, was reported favorably, and received a title amendment. The committee also considered House Bill 544, a branch budget bill amendment creating a new SAFE fund for the most recent Eastern Kentucky flood disaster, indexed to the relevant presidential disaster declaration. The bill would allow state money and other funds to support local governments, utilities, school districts, and other eligible recipients for recovery costs, planning, and short-term liquidity, with reimbursement provisions if FEMA or other sources later pay. Members discussed the amount of available funding, the use of prior SAFE fund balances, and the emergency clause. HB 544 passed 20-0, was reported favorably, and a title amendment was adopted. The committee then began House Bill 775, relating to development areas, and adopted PHS 2 and a committee amendment; the sponsor started explaining the bill’s provisions on development areas, tax increment financing, brewers’ electronic filing, distilled spirits property tax language, income tax reduction conditions, tourism development incentives, and other tax-related sections, but the transcript cuts off before final action on the bill.

Transcript Highlights:

• You want me to do the amendment?
• fees so um I it will affect the budget fees so um I it will affect the budget and<00:52:38.240><
• We're looking for an amendment?
• 20 there's still the word "budget," and on 27 there's still the word "budget."
• budget.

Keywords: 1189, house, all

Summary: The committee met to continue work on House Bill 2, with the chair saying the goal was to finish the bill as given by the governor, though additional amendments were expected. Members first discussed the bail section and agreed to hold it for later because a separate House bail bill was expected on Thursday and could have significant county cost impacts. They also generally accepted the proposed reorganization of positions between Fish and Game, DNCR, and the Department of Environmental Services, but noted the need to review effective dates and funding details, including a possible double appropriation of $275,000 for a scientist position already funded in HB 1. A substantial portion of the meeting focused on environmental review and native plant-related sections moving functions from DNCR to DES. Members discussed changing the rulemaking timeline from 180 days to 90 days, and clarifying that “begin” means the public hearing stage. They also reviewed how fee revenue would shift between agencies in HB 1 so the budget impact would be net zero. The committee indicated it would prepare amendments reflecting these changes and revisit them at a later vote. The longest discussion concerned the boathouse provisions. Members debated whether the new definitions and construction standards were appropriate in a budget bill, with one member arguing they should be in a separate bill, while others said the provisions were urgent because of a lawsuit and the lack of clear guardrails. Concerns included the February 20, 2025 effective date, which some thought might be retroactive, the detailed limits on what may be stored in a boathouse, and a fee increase that some felt could discourage homeowners from seeking permits. The committee also questioned whether the fee structure should be tiered for smaller projects and whether permit-by-notification projects should be exempted. No final votes were taken on these sections during the discussion; instead, members agreed to seek legal and policy answers and to return with amendments and public hearing input before voting.

Transcript Highlights:

• as well as requiring that once we pass a budget, that is, in fact, the budget.
• What we found in last year’s budget crisis was that historically the budget was a giant suggestion and
• that mayors, after a budget, could move money around the budget, which led ultimately to the giant fiscal
• This charter amendment, if passed by voters, will prevent that because the budget, when passed, will
• become—” “This charter amendment, if passed by voters, will prevent that because the budget, when passed

Keywords: 974, senate, all

Summary: The State Bond Commission met on May 21 with a quorum present and approved the April 16 minutes. The commission then reviewed and approved a large slate of local government and public authority financing requests, including election propositions for the November ballot, water and sewer infrastructure projects, fire protection and recreation district bonds, school board financing, and several refunding transactions. Most items were found to meet technical requirements and were approved on motions by Speaker DeVillier and seconded by Senator Talbot. Among the more notable items were the East Baton Rouge City-Parish refunding bonds for the Greater Baton Rouge Airport District, the City of Kenner’s retroactive approval request tied to a convention center agreement with GMB Basketball LLC, a Louisiana Housing Corporation financing increase for the Federal City Building 10 affordable housing project, and preliminary approval for the Northwest Louisiana Finance Authority’s Petro Tower redevelopment in Shreveport. The commission also approved financing for Southern University’s Scott’s Bluff student housing project and the Crescent City Schools/Harriet Tubman Charter School project. The Crescent City Schools item prompted questions about how MFP funds are used; staff explained that lease payments would support the bonds and that MFP funds are generally split between educational expenses and facilities-related costs. The commission received six monthly cost-of-issuance reports, which required no action, and a status update on the state debt schedule. It also approved Resolution No. 2 authorizing up to $425 million in general obligation refunding bonds to refund the Series 2016 bonds and tender other outstanding bonds for savings, with pricing tentatively set for June 16 and closing for June 30. During other business, New Orleans City Council President J.P. Morel thanked the commission for its role in helping address the city’s fiscal crisis and for approving a charter amendment election item aimed at strengthening budget oversight. The meeting adjourned after no further business.

Transcript Highlights:

• We do, folks, we have that amendment. So, all those in favor of that A1 amendment say aye.
• The motion prevails, and the amendment is adopted. Nadeau, introduce your bill as amended.
• The amendment also contains all the revised budget changes to appropriation for House File 2435 and clarifies
• This budget was put together before that, and I just wonder if you have anything to say about the budget
• One clarification... ...is a quarter percent, 25% of the federal budget for MDH, not the total budget

Transcript Highlights:

• Members, just a few short hours ago, we voted for this amendment as part of the budget bill.
• If the budget bill passes, this amendment has no effect.
• 48.400> amendment<00:52:48.960> has budget bill passes, this amendment has budget bill
• amendment? amendment?
• for the amendment. for the amendment.

Keywords: 916, all

Transcript Highlights:

• NO AMENDMENTS, ANYONE IN THE AUDIENCE THAT WISHES TO TESTIFY?
• TO STRENGTHEN THE BUDGET STABILIZATION FUND WHICH IS OUR STATE'S RAINY DAY FUND THE AMENDMENT DOES THREE
• THAT'S THE BUDGET STABILIZATION FUNDS. THE INTENT.
• WE WILL BE PASSING BUDGETS OUT OF THE HEALTHCARE BUDGET FOR HUNDREDS OF MILLIONS OF DOLLARS OR OUR SAFETY
• HONEST CONVERSATION ABOUT CUTS MADE TO THE BUDGET.

Transcript Highlights:

• <00:04:31.120> to that law also needs to be amended to that law also needs to be amended to
• Amendment and I consider this a friendly Amendment and I would<00:47:51.960> ask<00:47:52.119
• gambling laws and their bi anal budget gambling laws and their bi anal budget for<01:16:39.800><
• <01:17:03.639> was of crimes um their 20 2425 budget was of crimes um their 20 2425 budget
• budget budget number<01:28:05.199> estimates<01:28:05.679> coming<01:28:05.920> out

Keywords: 1183, house

Summary: The committee met with a quorum present, approved the January 21, 2025 minutes by voice vote, and then took up House File 7, which was recommended to pass and be re-referred to the Ways and Means Committee. The chair also reminded attendees about decorum rules in the committee room. House File 7 was described by the author as a public safety package combining 12 provisions from prior Republican-authored bills, aimed at supporting law enforcement, reducing violent crime, and increasing accountability in the criminal justice system. The bill’s main provisions discussed included tougher penalties for aggravated fleeing, making it a crime to be in a stolen vehicle, allowing tracking devices on stolen vehicles even when occupied, increasing penalties for blocking highways and critical infrastructure, and increasing penalties for assaulting peace officers. The author also highlighted provisions on sex trafficking, predatory offender registration, and greater public disclosure of bail payments, case dismissals, sentencing reductions, and sentencing guideline changes. Testifying in support were Ramsey County Sheriff Bob Fletcher, MPPOA President Shane Mey, and Minnesota Chiefs of Police Association Executive Director Jeff Potts, all of whom argued the bill would help officers address auto theft, fleeing suspects, and assaults on law enforcement. They cited increases in assaults on officers and high numbers of stolen vehicles and fleeing cases, and said the bill would improve safety and transparency. Witnesses generally supported the bill’s approach but suggested some refinements, including adding language for additional aggravating factors in officer assault cases and considering similar treatment for corrections officers. Sheriff Fletcher also urged reconsideration of the recently enacted raise-the-age changes, arguing they could limit law enforcement’s ability to respond to younger offenders involved in stolen vehicles. No opposition testimony or final vote on House File 7 was recorded in the excerpt beyond the motion to pass and re-refer it.

Transcript Highlights:

• fills up the budget.
• fills up the budget.
• , we actually amend the previous capital budget to reflect that title, and then you have to amend the
• In the current capital budget, you'd have a section that does all that, and you would also say, as amended
• <01:02:16.520> previous budget we actually amend the previous budget we actually amend the

Keywords: 928, house, all

Summary: The subcommittee met to review the lapse extensions in the back of House Bill 25, which governs capital budget appropriations and bonding. Members were walked through how the bill is structured: section 1 covers general, federal, and other funds; section 2 covers highway fund appropriations; later sections authorize borrowing, restrict spending to the stated purposes, and explain why community colleges and the university system operate through their boards of trustees. The chair also explained that lapse extensions are needed because capital projects can span multiple years, and that appropriations normally expire at the end of the biennium unless extended. A substantial portion of the discussion focused on how to identify unspent balances and whether they should be extended, repurposed, or allowed to lapse. Members discussed that if a project is complete or an agency confirms it no longer needs the money, the remaining balance can be reused for another project or, if not needed, lapse back. The committee also reviewed the meaning of bill references and chapter numbers, and how to read prior-year appropriations and extensions in the worksheet. One example discussed was a 2023 Department of Administrative Services courthouse generators item, and members noted that some agencies may rely on encumbered balances rather than explicit lapse extensions, though the chair said he prefers including the extension for flexibility. The committee identified at least one specific change: the Jeffrey Ringe CTE renovation was removed from the governor’s recommended budget because the required local match was not approved, freeing about $18.5 million for possible reuse. Later, the chair noted that lapse extension 49 on the worksheet was no longer needed and could be removed, leaving an unspent balance of $81,500 available for repurposing. The discussion also referenced a Department of Transportation item, Caroline Stratford Freight Rail Improvements, which the agency asked to keep alive through a lapse extension so the funds would not expire on June 30. No formal votes were taken in the portion provided.

Transcript Highlights:

• AIS Budget, good afternoon. AIS Budget would like to offer a few amendments on this bill.
• AIS Budget, good afternoon. AIS Budget would like to offer a few amendments on this bill.
• AIS Budget, good afternoon. AIS Budget would like to offer a few amendments on this bill.
• AIS Budget would like to offer a few amendments on this bill. We do support the intent.
• With amendments.

Keywords: 912, senate, all

Summary: The joint committees first heard House Bill 229, which would establish a statewide speed restriction for motor vehicles under certain circumstances. Testimony on the bill was limited and came in support from the City and County of Honolulu’s transportation services, the Department of Parks and Recreation, and the Oahu Metropolitan Planning Organization. No one testified in opposition, and there were no questions. The committees then took up House Bill 860, which would grant immunity from liability to the state or counties when they repair or maintain a street whose ownership or jurisdiction is disputed between them. The Department of Transportation and the Department of Land and Natural Resources submitted written testimony, and the Hawaii State Association of Counties, Maui County Council Chair Alice Lee, Hawaii County Council member Heather Kimble, and the Iolani Homestead Community Association for Justice testified in support. The Ho Association for Justice opposed the bill, arguing the immunity was too broad and that the issue had already been addressed by prior legislation. In discussion, members raised concerns about liability and asked whether a different approach, such as extending the 2017 law transferring Oahu roads in limbo to the counties, would be acceptable; county representatives said that path could be considered if immunity were removed. House Bill 1161, which would authorize counties to use a road usage charge mechanism similar to the state’s, drew support from the Department of Transportation, the Energy Office, the Hawaii State Association of Counties, several county and city offices, and the Oahu Metropolitan Planning Organization. Rental car companies and industry groups supported the concept but asked for amendments, including a flat fee instead of a per-mile charge, relief for plug-in hybrid vehicles, and a delayed implementation date. The Tax Foundation of Hawaii also supported relief for hybrids. Members questioned the rental car representatives about the flat-fee proposal, and they said a per-mile charge would be difficult to calculate and pass on to customers. At the end of the joint agenda, the committees deferred decision-making on HB 1161 to Tuesday, March 18 at 3:00 p.m., and the Energy and Intergovernmental Affairs committee also deferred the three measures to that date and time. The Transportation and Culture and the Arts committee then began hearing House Bill 925, which would create a Performing Arts Special Fund, and House Bill 1378, which would establish a Performing Arts Grants Program and Special Fund and revise the State Foundation on Culture and the Arts’ responsibilities and funding sources. HB 925 received support from the State Foundation on Culture and the Arts and written support or comments from DBEDT, the Hawaii Arts Alliance, and others. HB 1378 drew extensive testimony and discussion focused on preserving arts funding while addressing concerns about the use of Works of Art Special Fund dollars for positions and programming. The Governor’s office said it supported the intent but had concerns; the Attorney General warned that the bill’s cap and transfer provisions were unclear and could affect the tax-exempt status of bond-funded dollars; and the State Foundation on Culture and the Arts opposed the measure, urging an audit, tracking of deposits, and a shift of positions and programs to general funds instead of changing the law. The chair explained that the bill was intended to protect arts funding while tightening the legal guardrails around bond-financed dollars and preserving federal support, and asked testimony to focus on new points as the hearing continued.

Transcript Highlights:

• An amendment to the amendment.
• He asks that we look at the amendment and replace the amendment in whole.
• the amendment<00:47:49.520> in amendment in amendment in whole<00:47:52.319> I<00:47:52.440
• It was amended, yes.
• However, it is that the budget writers create the budget; there's all of that.

Keywords: 1189, house, all

Summary: The committee first heard House Bill 180, which concerns critical incident stress management teams. Representative Mark PR, the bill sponsor, proposed an amendment to add a definition of “team leader” and to clarify that teams may or may not be affiliated with a municipality. He argued that a certification test offered by the International Critical Incident Stress Foundation is unnecessary and too expensive at $400, since team members are volunteers who already receive training and continuing education. Committee members asked about the training structure and certification language, and the sponsor explained that the teams are self-certified and that the amendment was intended to clean up the bill’s language. The committee then voted on HB 180 in executive session. Amendment 0261H was adopted 11-0, and the bill was then moved as amended and passed 11-0. The committee placed the bill on consent. Later, the committee heard House Bill 438, sponsored by Representative Timothy Horan, dealing with immigration detention and related state policy. Horan described the bill as an update to earlier legislation and said it would codify best practices, prohibit state cooperation with mass deportation efforts, bar for-profit operation of immigration detention facilities, and require Executive Council approval before the governor could deploy the National Guard for immigration deportation activities. Committee members questioned whether the bill could be read as authorizing detention facilities and discussed the relationship between the state and Strafford County Jail. An amendment presented on behalf of Representative Patrick Long was described as a technical rewrite that removed several sections and changed language, but the hearing ended before any vote was taken on HB 438.

Transcript Highlights:

• Are there any amendments? Are there any amendments?
• as amended by the A1 amendment would as amended by the A1 amendment would establish<00:08:33.000
• next budget cycle. next budget cycle.
• . budget. budget.
• budgets.

Bills: HF4906, HF3971, HF4777, HF2109, HF2988

Keywords: property tax, tax refund, taxpayer relief, Minnesota taxation, one-time payment, taxation, property valuation, Tax Court, evidentiary standards, Minnesota Statutes, disparity reduction, aid payments, local government, funding, Fillmore County, education funding, managed forest land, classification, forest management plan, agricultural land

Summary: The committee first approved the April 9 minutes, then took up House File 2988, which would extend for eight more years a sales tax exemption tied to Minnesota State High School League tournament ticket revenue that is funneled into the league’s foundation and returned to schools as grants. Chair Youakim and Executive Director Eric Martins said the program sends more than $1.1 million annually back to schools for activity fee reductions, scholarships, coaching and training, AEDs, late buses, and other school needs, with over 98% of funds going directly to schools. Representative Huot and others spoke in support, while Representative Robinson questioned the structure and suggested the state could instead simply reduce ticket prices and not tax the tickets. The committee laid HF 2988 over for possible inclusion in the omnibus tax bill. The committee then heard House File 4906, as amended, which would create a one-time property tax refund in calendar year 2026 for owners of residential homesteads and the homestead portion of agricultural property, funded by a $4 billion appropriation in fiscal year 2027. The bill includes a clawback for delinquent taxpayers and offsets to ensure no one receives more in property tax refunds than they paid. A House Research staffer said the Department of Revenue viewed the refund as potentially taxable, while House Research said it likely should be treated as a recovery of prior taxes, and the two would follow up. The bill was introduced with testimony from Eric Bernstein of We Make Minnesota and Nan Madden of the Minnesota Budget Project, both of whom opposed it, arguing it would create a large budget hole, force future cuts, and disproportionately benefit homeowners while excluding renters and lower-income Minnesotans. Several members also raised concerns. Representative Hewitt said the state should prioritize public safety, rural EMS, and safety-net hospitals rather than a large rebate, and Representative Youakim argued the money would be better spent on longer-term property tax relief and education funding. Representative Hollins said the proposal would worsen racial and wealth inequities because homeownership is lower among communities of color and renters would get nothing. In response, the author and supporters said the bill is meant to put money back into people’s budgets and that individuals should be able to decide how to use their own money. The discussion continued with questions about the bill’s size and fiscal impact, but no final action on HF 4906 was taken in the portion provided.

Transcript Highlights:

• The next item in the Governor's budget is the reinsurance...
• And you have a DE-1 amendment?
• Okay, the amendment is adopted.
• So, Chair Herr, would you like to renew your motion to adopt the DE amendment as amendment?
• Okay, the motion prevails on the DE 1 amendment as amendment. It is adopted. Oh, testimony.

Bills: HF1646, HF2443

Keywords: medical debt, debt relief, healthcare financing, consumer protection, financial hardship, commerce, cannabis, insurance, housing, ombudsperson, affordability, property, task force, financial institutions

Transcript Highlights:

• on the ballot to change the budgeting process.
• that once we pass a budget, that is, in fact, the budget.
• What we found in last year’s budget crisis was that historically the budget was a giant suggestion and
• that mayors, after a budget, could move money around the budget, which led ultimately to the giant fiscal
• This charter amendment, if passed by voters, will prevent that because the budget, when passed, will

Summary: The State Bond Commission met on May 21, established a quorum, approved the April 16 minutes, and then considered a long agenda of bond, refunding, and election-related requests. Items 3 through 10 were election propositions for the November 3 ballot involving ad valorem taxes, parcel fees, and charter amendments for purposes such as fire protection, agricultural centers, neighborhood security, recreation, aging services, drainage, and roads and bridges; staff said they met technical and legal requirements, and the commission approved them. The commission also approved several local financings, including water and sewer projects, fire district equipment and facility improvements, school board and parish bonds, and refunding transactions for the East Baton Rouge City-Parish and St. James Parish School Board. A retroactive approval request from the City of Kenner related to a CEA with GMB Basketball LLC was discussed; staff made no recommendation because it was retroactive, but noted it appeared to be an oversight, and item 22, the related airport district agreement, was approved. The commission approved additional financing for the Louisiana Housing Corporation’s Federal City Building 10 affordable housing project, a preliminary approval for the Northwest Louisiana Finance Authority’s Petro Tower redevelopment in Shreveport, and two Louisiana Public Facilities Authority projects: Southern University’s Scott’s Bluff student housing project and the Crescent City Schools project for Harriet Tubman Charter School. During discussion of the Crescent City Schools financing, a commissioner asked about the use of MFP funds; staff explained that lease payments would be the repayment source and that MFP dollars are generally split between educational expenses and facilities costs, with the school’s typical split around 72% instructional and 28% administrative/facilities-related. Both items were approved. The commission then received six cost-of-issuance reports for previously approved bond issues, with various fee adjustments but no motions required. It also reviewed a debt schedule update and adopted Resolution No. 2 authorizing up to $425 million in general obligation refunding bonds to refund Series 2016 bonds and tender other outstanding bonds for savings, with pricing tentatively set for June 16 and closing for June 30. In other business, the commission heard a brief public comment from New Orleans City Council President J.P. Morrell thanking the commission for helping place a charter amendment on the ballot to improve New Orleans budgeting transparency and oversight. The meeting ended after monthly reports were noted and no further business was raised.

Transcript Highlights:

• Uh, I will now move the DE2 amendment, Chairman Nash. Is that your amendment? Yes, sir.
• <00:01:13.759> sir Smith okay two-year bill as amended sir Smith okay two-year bill as amended
• behalf of this bill and Amendment behalf of this bill and Amendment Amendment<00:04:30.600> my
• today so in light of very tough budget today so in light of very tough budget times<00:10:12.200
• the governor's uh Governor's budget the governor's uh budget<00:10:48.920> um<00:10:49.480>

Keywords: 1183, house

Transcript Highlights:

• Anyway, so we amended that.
• projects right because the budget projects right because the capital<01:40:55.400> budget<01:
• <01:43:28.840> for<01:43:29.080> the capital budget for the capital budget for the
• Any questions on the amendment?
• okay ought to pass with with Amendment okay ought to pass with Amendment<04:38:15.959> um Amendment

Keywords: 928, house, all

Summary: The committee took up House Bill 2 provisions affecting the New Hampshire Retirement System, focusing on Group 2/Tier B retirement changes in pages 25 through 39 of the bill. NHRS Executive Director Jan Goodwin and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions and to HB 727, with the main difference being that the 2025 version does not include the earlier increase in the maximum benefit. They also said the fiscal note for HB 2 is based on earlier actuarial work and that an updated valuation was expected later in the week. A major topic was whether the bill accidentally removed an anti-spiking or special-duty compensation limit. NHRS said the omission appears to be a scrivener’s error caused by moving language between Group 1 and Group 2 definitions, and they planned to flag it in the fiscal note. Members also reviewed the bill’s intent to restore Tier B members to pre-2011 benefit rules, including changes to earnable compensation, average final compensation, and the comp-over-base rule. Some members questioned whether restoring those older rules was appropriate, arguing the 2011 changes were meant to curb pension spiking and that undoing them could be problematic. The committee also discussed the bill’s cost and funding assumptions. NHRS said the 2025 bill would reduce unfunded actuarial liability by about $98.2 million and would have a more favorable effect than the 2023 version, while employer contribution impacts would remain relatively small. Members noted the bill assumes annual appropriations of $27.5 million for 10 years, but House Bill 1 currently provides only $5 million in the first year, and NHRS had not yet analyzed the effect of that shortfall. No votes were taken in the portion provided; the discussion was informational and focused on clarifying the bill’s language, intent, and fiscal impact.