Transcript Highlights:

• The second part is you've been very generous with surplus money over the last several years, starting
• And I would argue it's the most important part because bonding at some point may reach capacity, surplus

Bills: SB36, SB88, SB92, SB97, SB48, SB55, SB58, SB76, SB93, SB89, SB60

Keywords: quantum technology, tax credit, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, foster care, income tax, guardianship, youth services, financial relief, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, tax credits

Transcript Highlights:

• We have, through the Surplus Lands Act reform and through SB 79 and many, many other pieces of legislation
• The magnitude of assets that the state has in surplus property alone, what we call excess property, there's

Summary: The committee heard several housing-related measures, beginning with SB 222 by Senator Wiener, the Heat Pump Access Act. The bill would streamline permitting for heat pump water heaters and HVAC systems, allow virtual contractor participation during inspections, and limit HOA barriers to installation. Supporters, including Spur, a contractor, and several clean-energy and environmental groups, said the measure would lower costs, reduce pollution, and speed replacements. The League of California Cities opposed the bill over the permit fee cap and concerns about virtual inspections, while committee members raised questions about HOA authority, electrical panel upgrades, and whether the bill could create unintended costs for local governments. SB 222 was approved 10-0 and sent to Local Government. The committee then considered SB 677, a follow-up to SB 79. The author announced the bill had been narrowed to two items: mobile home exemption language and a future SB 79 cleanup bill in the next session, with the larger set of implementation issues to be handled separately. Local governments and counties said the reduced bill still needed clearer definitions and more implementation guidance, while several housing and transit advocates supported the narrowing and the decision to revisit the broader cleanup later. After the amendments were accepted, SB 677 passed 10-1 and was sent to Local Government. The main debate centered on SB 417, a proposed $10 billion affordable housing bond for the 2026 ballot. Supporters, including the California Housing Consortium, labor, housing nonprofits, local governments, and many advocacy groups, argued that the state’s existing housing bond funds were exhausted, that thousands of shovel-ready projects were waiting for financing, and that the bond would leverage federal tax credits and private capital to produce and preserve affordable homes. Opponents and skeptics focused on state debt levels, the cost of housing production, and whether another bond was the right approach, with Habitat for Humanity asking for a dedicated CalHome allocation. Committee members discussed debt capacity, affordability, homeownership, and the need to keep funding flowing to existing programs. SB 417 passed 8-1 to Appropriations. The committee also heard SB 492, a youth housing and youth center bond proposal, which the author said was intended to be folded into the larger housing bond package; testimony from Covenant House California emphasized the need to house transition-age youth and prevent long-term homelessness. No vote on SB 492 was shown in the transcript excerpt.

Transcript Highlights:

• We have, through the Surplus Lands Act reform and through SB 79 and many, many other pieces of legislation
• The magnitude of assets that the state has in surplus property alone, what we call excess property, there's

Keywords: 987, senate, all

Transcript Highlights:

• We often hear about trade deficits, but we rarely discuss the employment surplus. Thank you.
• We often hear about trade deficits, but we rarely discuss the employment surplus.

Summary: The joint hearing of the Assembly Select Committee on California-Mexico Bi-National Affairs and the Assembly Economic Development, Growth, and Household Impact Committee focused on the USMCA and how the agreement affects California’s economy, jobs, supply chains, and competitiveness. Opening remarks emphasized California’s heavy trade dependence on Mexico and Canada, the importance of stable trade rules, and concerns that tariffs or uncertainty could harm workers, small businesses, agriculture, logistics, manufacturing, and border communities. Members said the hearing would help inform a future legislative report or resolution on California’s priorities for the agreement’s review. Academic and policy witnesses argued that the USMCA is central to North American economic integration and California’s role in it. Testimony from UC San Diego and CETYS University described California and Mexico as co-producers rather than simple trading partners, highlighting sectors such as medical devices, aerospace, semiconductors, logistics, and advanced manufacturing. Witnesses also warned that the upcoming review could involve not just trade but security and immigration issues, and they urged a stronger, longer-term agreement with more certainty, better border efficiency, and new tools such as specialized technician visas, binational certification standards, innovation zones, and a technology fund. Go-Biz and chamber representatives said USMCA provides predictability, market access, and support for small and medium-sized businesses, while also creating compliance burdens through rules of origin, labor standards, and customs procedures. They pointed to California’s trade missions, export support programs, and state-level cooperation with Mexico and Canada as ways to help firms participate in regional supply chains. Mexican government and business representatives said the agreement is largely functioning well, that Mexico’s public consultation process received nearly 800 submissions and about 2,000 chapter-specific comments, and that many stakeholders favor maintaining or extending USMCA. No formal votes were taken; the committee heard testimony and asked witnesses for follow-up information to inform its report and future recommendations.

Transcript Highlights:

• We did, and I'm very proud of the fact that we ended FY25 with a small surplus. A big win for us.
• really a turning point for us, as it seemed the state was seeing an opportunity to take more of the surplus

Transcript Highlights:

• We've done a good job on some capital stuff, especially when we had a one-time big surplus amount, we
• We've done a good job on some capital stuff, especially when we had a one-time big surplus amount, we

Summary: The Assembly Transportation Committee heard several measures, beginning with SB 86, which would extend and expand the CAEATFA sales and use tax exclusion program through 2031, raise the annual cap from $100 million to $200 million, and add fusion energy. Supporters, including the State Treasurer and industry and labor representatives, cited billions in clean-tech investment, job creation, and environmental benefits; county groups opposed the bill over local revenue losses. The committee approved SB 86 on a 12-0 roll, holding the roll open for additional members. The committee then heard SB 545, which would require Go-Biz to study economic development opportunities along the California high-speed rail corridor, including land value, development incentives, and public-private partnerships. Labor, Fresno’s mayor’s office, and other stakeholders supported the bill as a way to spur corridor development and future funding opportunities, while one business group moved from opposition to neutral after amendments. The bill passed on a 9-1 vote, with the roll held open. Members next considered SB 63, a Bay Area transit funding measure authorizing a regional revenue measure to support transit operations amid looming fiscal shortfalls. The author and witnesses described severe service cuts that could follow without new funding, while committee members raised concerns about the bill’s structure, county participation, polling, and whether other revenue options should be considered. The bill advanced on a 9-3 vote, with the roll held open, and the committee also approved SB 263, directing a state study of tariff impacts on California’s economy and supply chains, on an 11-0 vote. Finally, the committee heard SB 661, which would redirect aviation-related tax revenues back to airports for aviation purposes and bring the state into compliance with federal requirements; testimony focused on airport modernization, rural access, and allocation formulas, but no final vote was taken in the portion provided.

Transcript Highlights:

• Members, the House amendments to Senate Bill 455 certify that surplus lines arbitration will be conducted
• Additionally, the House amendments allow surplus lines insurance contracts over two million dollars in

Bills: HJR1, HB9, HB21, HB26, HB30, HB37, HB116, HB630, HB879, HB913, HB1151, HB1318, HB1593, HB1899, HB2703, HB2809, HB2890, HB2970, HB3307, HB3526, HB5092, SB128, SB203, SB317, SB393, SB397, SB644, SB731, SB801, SB913, SB1071, SB1073, SB1086, SB1087, SB1232, SB1250, SB1262, SB1285, SB1310, SB1359, SB1444, SB1483, SB1705, SB1782, SB1861, SB1897, SB1944, SB2023, SB2043, SB2082, SB2133, SB2215, SB2297, SB2298, SB2309, SB2532, SB2549, SB2566, SB2617, SB2619, SB2639, SB2688, SB2696, SB2717, SB2790, SB2841, SB2847, SB2850, SB2857, SB2891, SB2919, SB2928, SB2972, SB3052, SB3053, SB1, SB260, SB1506, SB1637, HB37, HB109, HB334, HB1130, HB1238, HB1327, HB1610, HB1615, HB1620, HB1689, HB2081, HB2809, HB2884, HB2890, HB4215, HB5092, HCR7, HCR75, HCR86, HCR92, HCR93, HCR126, SB644, SB1086, SB1230, SB1310, SB1361, SB1553, SB1778, SB1790, SB2344, SB2460, SB2515, SB2600, SB2747, SB2751, SB2785, SB2790, SB3047, SB3048, SB3050, SB3051, SB3052, SB3053, SB3056, SB3058, SB3061, HJR1, HB1130, HB1689, HB2884, HB1393, HB2559, HB26, HB3012, HB1327, HB109, HB1238, HB2890, HB9, HB4215, HB2970, HB37, HB1899, HB1593, HB2607, HB3526, HB3810, HB5092, HB388, HB2809, HB1151, HB913, HB3307, HB879, HB116, HB12, HB2703, HB1610, HB1615, HB1620, HB30, HB21, HB2712, HB2692, HB1633, HB1318, HB685, HB630, HB4753, HB2742, HB303, HB198, HB1535, HB762, HB148, HB1520, HB5061, HB2286, HB1606, HB1041, HB132, HB11, HCR7, HCR75, HCR86, HCR92, HCR93, HCR126, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB1310, SB2972, SB1073, SB2847, SB2532, SB2619, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB511, SB2309, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1359, SB1234, SB2926, SB2841, SB1528, SB2891, SB1854, SB317, SB1250, SB2082, SB1285, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB2460, SB867, SB640, SB1698, SB2680, SB2994, SB2747, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1861, SB2043, SB1367, SB2857, SB128, SB3058, SB2044, SB2363, SB2565, SB1888, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3050, SB3063, SB3035, SB1790, SB1778, SB203, SB3061, SB2799, SB2790, SB2688, SB2515, SB1230, SB2522, SB2639, SB2459, SB3051, SB2655, SB2251, SB1884, SB2617, SB2751, SB2928, SB2566, SB1897, SB1749, SB1361, SB2549, SB2553, SB2919, SB1782, SB1705, SB2696, SB1944, SB2215, SB644, SB1232, SB2850, HB45, HB48, HB1261, HB1465, HB1778, HB2596, HB5238, HB33, HB1188, HB210, HB1022, HB1458, HB5560, HB1240, HB1950, HB2027, HB2768, HB2788, HB2791, HB3146, HB3698, HB3699, HB1893, HB3700, HB4850, HB4187, HB1397, HB4885, HB4804, HB3751, HB3611, HB2775, HB2061, HB2003, HB1729, HB1242, HB791, HB2029, HB647, HB2522, HB4738, HB3033, HB3594, HB3474, HB2563, HB2802, HCR90, SJR87, SB2969, SB3073, SB2497, SB1798, SB2603, SB2607, SB781

Keywords: constitutional amendment, property tax, ad valorem tax, tax exemption, tangible personal property, income-producing property, business personal property, equipment exemption, machinery, local government finance, school district revenue, county taxes, Texas Constitution, Article VIII, tax relief, commercial property, appraisal district, chief appraiser, rendition statement, property tax relief

Transcript Highlights:

• So this again burns through more of the surplus, it creates more government, it creates more bureaucracy
• unifying counties under ERCOT would enable seamless power sharing across the state. and ensuring surplus

Bills: HB14, HJR31, HB43, HB18, HB 106, HB36, HB26, HB149, HB 121, HB206, HB136, HB3114, HB2733, HB1732, HB3700, HB467, HB 1130, HB1846, HB1442, HB 1147, HB2176, HB2701, HB805, HB2890, HB 1154, HB1644, HB2118, HB1718, HB2488, HB2596, HB1971, HB2468, HB484, HB2578, HB3204, HB 1041, HB307, HB685, HB1710, HB538, HB2525, HB3125, HB2027, HB2894, HB3077, HB3684, HJR99, HB1399, HJR5, HB1330, HB2110, HJR2, HJR6, HB1587, HB14, HJR31, HB43, HB18, HB 106, HB36, HB26, HB149, HB 121, HB206, HB136, HB3114, HB2733, HB1732, HB3700, HB467, HB 1130, HB1846, HB1442, HB 1147, HB2176, HB2701, HB805, HB2890, HB 1154, HB1644, HB2118, HB1718, HB2488, HB2596, HB1971, HB2468, HB484, HB2578, HB3204, HB 1041, HB307, HB685, HB1710, HB538, HB2525, HB3125, HB2027, HB2894, HB3077, HB3684

Keywords: nuclear energy, advanced reactors, energy security, grant programs, Texas Advanced Nuclear Energy Office, farm products, tax exemption, ad valorem taxation, agriculture, Texas Constitution, livestock, producer, finance, young farmers, financial assistance, pest control, rural health, hospital funding, healthcare access, mental health services

Transcript Highlights:

• The surplus lands program has facilitated the potential for another nearly 32,000 units across California
• reliant on state credits, and once we were out of enhanced state credits, we then had additional surplus

Summary: The Assembly Subcommittee on State Administration held a budget hearing focused heavily on housing, homelessness, and related administrative proposals. HCD reported that California housing production has increased, with 2023 completions up 13% from 2022 and entitlement and construction timelines improving, while members and advocates criticized the Governor’s January budget for zeroing out or sharply reducing several housing programs. Public testimony urged funding for affordable housing production, preservation, youth housing, CalHome, LIHTC, HAP, and related programs, and several speakers argued the state should not pull back after recent progress. A major policy item was trailer bill language to allow HCD to access “excess equity” in existing affordable housing projects and recycle those funds into new or preserved housing. HCD and the LAO said the proposal could unlock tens or hundreds of millions of dollars, but members wanted guardrails and clearer statutory direction to ensure the funds stay within the intended housing purposes. The committee also discussed encampment resolution funding; HCD said the proposal would shift expenditure deadlines to the date of award rather than appropriation, while the LAO raised concerns about limited outcome data and urged the Legislature to use upcoming reporting before deciding on future funding. The hearing also covered HCD trailer bills to consolidate default reserve funds into a centralized continuously appropriated account and to clarify reporting requirements for early rounds of the Homeless Housing, Assistance and Prevention program. HCD requested funding to implement chaptered legislation, including a new tribal housing program and reporting-related bills, and also sought extensions for certain reappropriations, including Homekey and REAP 2 deadlines. Public commenters and regional agencies supported flexibility for REAP 2 timing and other housing-related adjustments. Finally, the Business, Consumer Services and Housing Agency presented the Governor’s reorganization proposal to split the current agency into a Housing and Homelessness Agency and a Consumer Protection Agency. The administration said the change would improve focus, efficiency, and coordination, but the LAO and several members questioned whether it would truly save money or improve accountability, especially given the need for new leadership, possible staffing changes, and the fact that the plan had not yet been formally submitted for review. No votes were taken during the hearing.

Transcript Highlights:

• workforce bill to provide pre-development costs because I think we should be taking advantage of any surplus
• And I understand that that’s a good way to use this volatile surplus because we don’t know, and we can

Summary: The Assembly Budget Subcommittee on Education Finance met for its annual Proposition 98 overview, with Chair Alvarez outlining the committee’s focus on K-12 funding, student outcomes, and use of one-time funds. Superintendent Tony Thurmond gave an update on education issues, including wildfire recovery support for affected school communities, ongoing concerns about federal threats to education funding and immigration enforcement, progress on literacy and math, dual-language immersion, educator housing, and support for dual enrollment. Members broadly expressed support for these priorities, while also raising concerns about implementation, funding stability, and the need for schools to remain safe places for students. The committee then reviewed the Governor’s Proposition 98 proposal. The Department of Finance said the 2025-26 Proposition 98 guarantee is projected at $118.9 billion, with higher revenues and TK-related rebenching driving the increase. The LAO said the budget adds about $7.5 billion over two years and discussed the volatility of the guarantee, especially in 2024-25, when changes in revenue could have an outsized effect on school funding. Members questioned the proposed $1.6 billion delayed settle-up payment, the legal basis for delaying it, and the impact of possible federal funding freezes. The LAO presented alternatives such as a reserve deposit or delayed disbursement, while Finance said the proposal is intended to manage uncertainty. Members also raised concerns that ethnic studies implementation was not funded in the January budget, and Finance said the administration was not proposing funding for it. The committee next heard on the Proposition 98 rainy day fund and education deferrals. Finance said the reserve would receive a mandatory deposit of about $1.2 billion in 2024-25 and a discretionary deposit of $376 million in 2025-26, leaving a balance of about $1.5 billion. The LAO supported rebuilding the reserve as a way to manage volatility. On deferrals, Finance described the Governor’s plan to eliminate remaining deferrals by 2025-26, and the LAO said paying them off improves cash flow and budget resilience. Members generally supported eliminating deferrals and rebuilding reserves, though some asked about acting earlier if revenues allow. The committee also reviewed the proposed $1.8 billion student support and professional development block grant; Finance said it would fund professional development, recruitment and retention, and dual enrollment, while the LAO recommended clearer language on local discretion and use for one-time costs. Members were divided, with some supporting flexibility and others warning that one-time block grants can create instability and confusion for districts.

Transcript Highlights:

• But that said, the surplus of the interest earnings right now is at a level that can more than adequately
• But that said, the surplus of the interest earnings right now is at a level that can more than adequately
• But that said, the surplus of the interest earnings right now is at a level that can more than adequately

Keywords: 1183, house

Transcript Highlights:

• Um, we did have $18 billion surplus and we've had $9 billion worth of fraud that I think could have kept
• Um, we did have $18 billion dollar surplus<01:41:41.760><c> and</c><01:41:42.000><c> we've</c><01:41:
• 42.320><c> had</c><01:41:42.639><c> $9</c><01:41:42.960><c> billion</c><01:41:43.520><c> worth</c> surplus
• and we've had $9 billion worth surplus and we've had $9 billion worth of<01:41:43.920><c> fraud</c><
• Minnesota taxpayers are also now concerned about rising tab fees, and there is a surplus of dollars in

Bills: HF3694, HF3844, HF4006, HF3785, HF3849, HF4102, HF3441, HF3507, HF3562

Keywords: transportation, tow trucks, variable message signs, road safety, emergency service, optometrist, window glazing, motor vehicle regulations, medical prescriptions, transportation safety, infrastructure, construction, appropriation, state project, motorized bicycles, motorcycles, electric vehicles, transportation regulations, safety standards, dealer license

Transcript Highlights:

• we've imposed on families here in the state in the past three years, on top of the $18.5 billion surplus
• we've imposed on families here in the state in the past three years, on top of the $18.5 billion surplus
• three years on top of the $18.5 the past three years on top of the $18.5 billion<01:13:27.360><c> surplus
• that</c><01:13:28.080><c> people</c><01:13:28.239><c> don't</c><01:13:28.400><c> know</c> billion surplus
• that people don't know billion surplus that people don't know where<01:13:28.719><c> it</c><01:13:28.880

Bills: HF331, HF916

Keywords: school supplies, sales tax exemption, use tax, sales and use tax, back-to-school, classroom supplies, education tax relief, tax holiday, retail exemption, Minnesota sales tax, school materials, binders, calculators, notebooks, pencils, backpacks, book bags, local tax revenue, taxable sales base, income tax

Transcript Highlights:

• able</c><01:12:10.480><c> to</c><01:12:10.719><c> get</c> That property owners are able to get the surplus
• clause of the Fifth Amendment because we do not have a mechanism for property owners to receive the surplus
• clause of the Fifth Amendment because we do not have a mechanism for property owners to receive the surplus
• clause of the Fifth Amendment because we do not have a mechanism for property owners to receive the surplus
• what the avenue is on these unfunded mandates because the state has blown through its $4 billion surplus

Keywords: 981, all

Transcript Highlights:

• It’s very difficult, but I can’t not talk about having an $18 billion surplus last year and now we face
• The $18 billion surplus in the last biennium was mostly one-time money that was spent on ... uh in how
• Um, the, uh, the $18 billion surplus<02:08:51.119><c> in</c><02:08:51.360><c> the</c><02:08:51.599><c
• > last</c><02:08:51.840><c> bienium</c><02:08:52.560><c> was</c><02:08:52.880><c> mostly</c> surplus
• in the last bienium was mostly surplus in the last bienium was mostly one-time<02:08:54.159><c> money

Keywords: 1187, senate, all

Transcript Highlights:

• raised by taxes or, oftentimes, looking back to your own districts, you'll probably see that year-end surplus
• raised by taxes or, oftentimes, looking back to your own districts, you'll probably see that year-end surplus
• 48.279><c> into</c><04:01:48.920><c> a</c><04:01:49.359><c> a</c><04:01:49.560><c> capital</c> end Surplus
• is is put into a a capital end Surplus is is put into a a capital reserve<04:01:50.239><c> fund</c><
• You know, if there's year-end surplus, we're going to throw $100,000 into the special education trust

Keywords: 928, house, all

Summary: The committee heard testimony on House Bill 662, which would require public schools to include discussion of abortion procedures and show specified videos in health education classes. The prime sponsor argued the bill would ensure students receive medically accurate, age-appropriate, and nonpolitical information about abortion, saying the topic is important for informed decision-making and should be taught consistently statewide. He said the videos were intended for grades 9-12, that parents could opt out, and that the requirement was meant to supplement, not sway, students’ views. He also acknowledged the bill could be seen as limiting local control over curriculum and said the intent was to prevent the topic from being missed due to scheduling disruptions. Committee members questioned the sponsor about local control, the need for a video mandate, the source of his statistics, whether the bill could be biased or inflammatory, and whether the requirement should apply every year in high school. The sponsor said the videos were only a starting point, could be replaced by others, and were meant to be informational. He also said the bill was not intended to influence students’ decisions about abortion. Several supporters testified in favor, including representatives of New Hampshire Right to Life and others who said students should be told the “truth” about abortion and its consequences. They emphasized graphic or emotionally difficult aspects of abortion and argued that young people need this information to make informed choices. Opponents and skeptical witnesses raised concerns about prescribing curriculum, eroding local control, and the appropriateness of the material for younger high school students. The New Hampshire School Administrators Association said the bill was overly prescriptive, that health education standards are already set by the State Board of Education, and that the topics in the bill are not part of the current standards. That witness recommended the committee consider retaining the bill for further work or making it less prescriptive. No vote or final committee action was taken in the portion of the meeting provided.

Transcript Highlights:

• I interact with software, hardware, and databases on a daily basis.
• So I know this being very aware of hardware, software and databases that they can set up that test to
• aware</c><04:45:53.120><c> of</c> know this being very um aware of know this being very um aware of hardware
• > software</c><04:45:54.080><c> and</c><04:45:54.320><c> databases</c><04:45:54.798><c> that</c> hardware
• software and databases that hardware software and databases that they<04:45:55.200><c> can</c><04:45

Keywords: 1189, house, all

Transcript Highlights:

• SB 455 by Middleton, relating to arbitration provisions in surplus lines insurance contracts.

Bills: HJR175, HJR88, HB21, HB49, HB216, HB346, HB573, HB565, HB954, HB1953, HB2686, HB1441, HB2734, HB1650, HB3161, HB2876, HB3185, HB3388, HB2761, HB3233, HB 1186, HB1534, HB5506, HB5129, HB3619, HB778, HB2867, HB3221, HB3672, HB2434, HB4903, HB3687, HB3675, HB4609, HB4582, HB4921, HB3866, HB3901, HB4534, HB2446, HB3984, HB700, HB4012, HB4491, HB4088, HB229, HB4234, HB722, HB4136, HB4105, HB4413, HB170, HB551, HB2858, HB3053, HB3142, HB3180, HB3722, HB2200, HB1794, HB1784, HB1581, HB2530, HB4308, HB1896, HB2974, HB3359, HB4580, HB2458, HB2215, HB3332, HB2278, HB3015, HB3151, HB1368, HCR9, HCR40, HB5138, SB17, HB4944, HB2284, HB3421, SB1569, SB2420, SB1968, SB2351, SB2544, SB1490, SB1349, SB1568, SB2776, HB3531, HB2149, HB4327, HB3158, HB3717, HB4520, SB888, SB552, HB3138, HB3704, HB2921, HB4853, HB4506, HB3892, HJR161, HJR175, HJR88, HB1937, HB3334, HB5444, HB5137, HB361, HB321, HB5447, HB464, HB678, HB2294, HB4172, HB3225, HB1769, HB5394, HB1837, HB1787, HB2271, HB2440, HB5134, HB5149, HB2151, HB2073, HB2186, HB2025, HB1936, HB1777, HB1663, HB 1306, HB 1290, HB1527, HB4802, HB3462, HB2963, HB2462, HB2560, HB644, HB2725, HB2621, HB2588, HB1443, HB1403, HB3032, HB1557, HB1664, HB2811, HB2088, HB2598, HB3062, HB3134, HB3940, HB4027, HB4097, HB4862, HB4170, HB4157, HB4205, HB4279, HB4377, HB4838, HB5424, HB5294, HB4870, HB4763, HB5639, HB4112, HB2275, HB1677, HB5014, HB3848, HB3797, HB3727, HB3709, HB3177, HB3057, HB4176, HB4202, HB2180, HB3528, HB3658, HB21, HB49, HB216, HB346, HB573, HB565, HB954, HB1953, HB2686, HB1441, HB2734, HB1650, HB3161, HB2876, HB3185, HB3388, HB2761, HB3233, HB 1186, HB1534, HB5506, HB5129, HB3619, HB778, HB2867, HB3221, HB3672, HB2434, HB4903, HB3687, HB3675, HB4609, HB4582, HB4921, HB3866, HB3901, HB4534, HB2446, HB3984, HB700, HB4012, HB4491, HB4088, HB229, HB4234, HB722, HB4136, HB4105, HB4413, HB170, HB551, HB2858, HB3053, HB3142, HB3180, HB3722, HB2200, HB1794, HB1784, HB1581, HB2530, HB4308, HB1896, HB2974, HB3359, HB4580, HB2458, HB2215, HB3332, HB2278, HB3015, HB3151, HB1368, HCR76, HCR127, HCR9, HCR40

Keywords: constitutional amendment, medium of exchange, currency rights, digital currency, financial autonomy, tax exemption, rainwater harvesting, graywater system, local government, ad valorem taxation, housing finance, multifamily residential, low income, audit requirements, affordable housing, development bonds, oil waste, gas waste, liability, treatment processes

Transcript Highlights:

• Deposits are made only in strong years, what we would refer to as surplus years, to a protected account

Summary: The Senate Committee on Appropriations heard SCA 5, the Education Equalization Act, which would create an Equalization Reserve in the General Fund funded only in strong budget years with non-Prop 98 dollars. Senator Cortese and supporters argued it would provide a stable, ongoing stream of funding to reduce per-pupil disparities between basic-aid and non-basic-aid districts without reducing the Prop 98 minimum guarantee. Supporters included education foundation, school board, administrator, employee, and business representatives. Opponents, including the California Charter Schools Association, argued the measure unfairly excludes charter and county school students and could worsen inequities; some committee members also raised concerns about its fiscal effects and constitutional structure. The committee ultimately voted 4-0 to adopt SCA 5, with the measure kept on call for additional members. The committee then took up a series of Assembly bills, most of which were suspense-file candidates and were moved without objection after brief or waived presentations and no opposition testimony. AB 402, AB 708, AB 1080, AB 1126, AB 1235, AB 1555, AB 1641, ACA 7, AB 1672, AB 1943, AB 2565, and AB 2571 were all sent to suspense. AB 1204 drew testimony from school district leaders and coalition members who said it would worsen LCFF funding disparities by shifting future growth away from the base grant; the bill was opposed and moved to suspense. AB 1672 received support from CalPACE. The Department of Finance did not attend and had no comments on the measures. Finally, ACA 18 was presented as a constitutional amendment to double student voting seats on the UC Board of Regents, creating separate undergraduate and graduate student representation. The author and UC student witnesses said the change would strengthen student voice on issues such as tuition, housing, basic needs, and free speech, and would align UC with CSU and community college governance. There was no opposition testimony, but the committee treated ACA 18 as a suspense-file candidate and moved it to suspense without objection. The hearing then adjourned.

Transcript Highlights:

• market and not I'm sure people are able to stay in the admitted market and not be abused through surplus

Summary: The Senate Committee on Insurance met as a subcommittee due to a lack of quorum and heard AB 1559 by Assemblymember Calderon, which would require insurers to give homeowners notice before collecting aerial images, provide copies of any images used, and ensure images used for nonrenewal or cancellation are current enough to allow an in-person inspection request. The Department of Insurance and United Policyholders supported the bill, saying consumers are often blindsided by decisions based on outdated or inaccurate drone, satellite, or aircraft images. Several local government and consumer groups also supported it, and there was no opposition. The committee later approved AB 1559 on a 6-0 vote and sent it to the Privacy Committee. The committee also heard AB 2038 by Assemblymember Harabedian, which would extend wildfire-related nonrenewal moratoriums for homeowners, including an additional year for homes within fire perimeters and adjacent zip codes. Supporters, including the Consumer Federation of California, United Policyholders, and local government groups, argued that rebuilding after major fires takes much longer than current protections assume and that the bill would help keep survivors insured while they rebuild. Opponents from the insurance industry warned the bill would further constrain insurers, worsen market instability, and shift costs and availability problems to other policyholders, especially because the bill extends protections to adjacent zip codes that may not have been directly damaged. Committee members raised concerns about the zip code approach and possible impacts on the broader market, but the author said the bill simply extends existing SB 824 timelines and that discussions on amendments would continue. The committee passed AB 2038 on a 4-0 vote and sent it to Appropriations. File items 1 and 3 were consent items and were approved without opposition on a 6-0 vote. The committee then adjourned.