Transcript Highlights:

• Are the fees in line?
• we deal with at surplus.
• employees that work for surplus. employees that work for surplus.
• surplus in that too. Okay. surplus in that too. Okay. >> Follow. >> Follow.
• a surplus balance? a surplus balance? >> Mr.<02:34:51.760> chairman.

Keywords: 916, all

Transcript Highlights:

• But the $98 billion surplus, we didn't pay off $20 billion. And... Same question again.
• But the $98 billion surplus, we didn't pay off $20 billion.
• And 2022, when we had that big $97.5 billion surplus, was an example of that.
• You know, where you use that surplus for every day.
• Do you consider that an expenditure, or do you consider that above the line?

Keywords: 988, house, all

Transcript Highlights:

• This bill now, I kind of see it's in line with what I'm saying and I still support it. Thank you.
• It deals with surplus lines. So if... what's a surplus line?
• lines carrier, mainly in your coastal areas.
• Yes, Surplus Conly, should I vote for this?
• Yes, Surplus lines company is a company that's a non-admitted carrier in Alabama.

Keywords: 923, senate, all

Transcript Highlights:

• To the extent that they're getting coverage, it's coming in the surplus lines, and I think it's really
• it's um really surplus lines and I think it's um really good<00:04:58.880> that<00:04:59.199>
• strictly in the uh u in the surplus strictly in the uh u in the surplus lines<00:05:13.520> uh
• I mean, even in the last... surplus line uh doesn't seem like the surplus line uh doesn't seem like the
• c> I<00:30:38.880> don't of surplus lines carriers but I don't of surplus lines carriers but

Keywords: 919, house, all

Summary: The task force approved the minutes from the previous meeting and then reviewed the structure and statutory requirements for its final report. Staff explained that the report must go to the commissioners of commerce, housing finance, and economic development, as well as relevant legislative leaders, and must include a summary of task force activities, adopted findings and recommendations, tort reform recommendations to reduce insurance costs, any draft legislation, and other necessary information. A draft report, likely excluding recommendations and draft legislation, is expected to be circulated before the first January meeting. Most of the meeting focused on the Fair Plan and whether it could be expanded to help homeowners associations, affordable housing, and common interest communities that are struggling to obtain coverage. Supporters said these groups are facing availability problems and often end up in the surplus lines market, which lacks the consumer protections of the admitted market. They argued the Fair Plan could serve as a third-market option with stronger protections and better access, especially for properties that are having difficulty getting quotes. Several members and witnesses raised concerns that the Fair Plan was never intended to be a broad affordability solution and warned against using it to artificially lower prices below risk-based levels. They said doing so could shift losses onto other policyholders through assessments and potentially weaken the broader insurance market. The Fair Plan administrator explained that any expansion would require substantial research, staffing, actuarial and underwriting expertise, reinsurance planning, IT changes, and likely assessments or other capitalization decisions, and that the plan would need to focus on a limited subset of properties rather than the entire market. No votes were taken on policy recommendations, and the discussion ended with agreement that more information and scoping work are needed before any formal recommendation is made.

Transcript Highlights:

• fund surplus expenditure plan.
• Now, the use of the surplus.
• So, there's a $38 million revenue surplus, but a $61 million road fund surplus.
• Now, the use of the surplus.
• So, there's a $38 million revenue surplus, but a $61 million road fund surplus.

Keywords: Meeting Start 00:00:00 FY 2025 Budget Close Out 00:02:55 Impressions of H.R. – 119th Congress 00:28:15 SNAP Payment Error Rates 00:37:05, 958, all

Summary: The committee first established a quorum, approved the July minutes, and recognized Jennifer Hayes of the Department of State Budget Director for her retirement and long service. Secretary Hicks then presented a review of fiscal year 2025 closeout for the general fund and road fund, explaining that the general fund ended with a $313 million surplus and the road fund with a $61 million surplus. He attributed the general fund result to strong corporate income and LLC tax receipts, investment income, and lower-than-budgeted spending, while noting that individual income tax and sales tax underperformed estimates. He also described how the general fund surplus was allocated, with $62 million used for necessary government expenses and $251 million deposited into the budget reserve trust fund, which remained at historically strong levels. For the road fund, he said the surplus would be deposited into the Department of Highways construction account, and he highlighted record motor vehicle usage tax receipts despite lower motor fuels tax revenue due to a rate decline. Members asked questions about the pass-through entity tax, delayed filing deadlines, THC beverage sales, and income tax collection from undocumented workers. Hicks said the pass-through entity tax remains difficult to model because of timing issues and the first year’s unusual filing pattern, and that staff are still working with the Department of Revenue and other states to improve forecasting. He said the delayed filing deadline likely would not require a major restatement and that any related receipts would still be counted in fiscal 2026. On THC beverages, he said the issue would be considered in the next forecasting cycle. On the undocumented-worker question, he said withholding may capture some of the revenue but referred broader collection efforts to the Department of Revenue. The committee then shifted to an overview of the federal reconciliation act’s potential impact on the next biennial budget, with Hicks and Commissioner Lisa Dennis focusing on Medicaid and SNAP. Hicks said the Congressional Budget Office estimated roughly $900 billion in federal savings over 10 years, driven in part by work or community engagement requirements for the Medicaid expansion population and limits on state-directed payments. He emphasized that CMS still must issue regulations to define how the state-directed payment reductions will be calculated, making the exact fiscal impact uncertain. He referred members to a prior Medicaid Oversight Advisory Board presentation for more detail, and the discussion remained informational with no votes or formal actions taken on the federal changes.

Transcript Highlights:

• So the question is, what happens to the surplus?
• We're talking about the surplus.
• , how to split the surplus, what to do with the surplus.
• Now, honestly, very few people ask for the surplus.
• Now, honestly, very few people ask for the surplus, but they do have that ability to ask for the surplus

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum, approved the minutes from the prior meeting, and heard budget presentations from the Secretary of State, the Attorney General, and the State Auditor. The Secretary of State’s office described its FY27 budget, emphasizing efficiency gains from technology, election security work, and business services. It said it is operating with fewer staff than a decade ago, but rising costs and outdated statutory fees are creating deficits in service of process and other operations. The office asked the committee to consider either increasing fees or allowing it to retain a larger share of business-service revenue, and it also proposed creating an Office of Entrepreneurship to help small businesses navigate state government, grants, permits, and related services. Committee members questioned the Secretary of State’s office about fee increases, the current 50-50 split of certain revenues with general revenue, and whether the proposed entrepreneurship office would duplicate existing services. The office said it would complement, not replace, Commerce, SBDC, or grant programs, and would report metrics and policy recommendations to the legislature. The Attorney General then requested a one-time $2 million special revenue appropriation to hire additional lawyers and support staff, citing increased litigation, federal and state legal work, and the need to defend new laws. He also discussed embedded DMV lawyers handling DUI revocation hearings and said the arrangement costs the office just over $200,000. The State Auditor reported that his office is largely self-funded through special revenue and said he wants to reduce reliance on general revenue over time. He highlighted savings from renegotiated leases and an open government contract, discussed the need for more auditors in the Chief Inspector’s Division, and described fraud recovery and P-card operations. A major topic was delinquent land sales: the auditor said the office sold about 17,000 parcels last year and believes online bidding and better marketing could generate substantially more revenue, with the surplus potentially shared among counties, the state, and other programs. Members also asked about securities fee changes, fairness hearings, fire department audits, IT/cybersecurity, and how surplus proceeds from delinquent land sales should be handled. The committee adjourned after the presentations and questions.

Transcript Highlights:

• Conflict of interest and recusal. there's a big Surplus there's a big Surplus um<00:25:04.799> we<
• that lapse does occur and then a surplus that lapse does occur and then a surplus deficit<00:40:
• Page 49, right after the example of the Fish and Game surplus statement, you'll see this up-line chart
• There'll be a surplus statement that will come out, an official audited surplus statement.
• There'll be a surplus statement that will come out, an official audited surplus statement.

Keywords: 1189, house, all

Summary: The Finance Committee met for an organizational opening session in which the chair, Ken Weyler, called the committee to order and members introduced themselves. The introductions established the committee’s leadership and membership, including Vice Chair Dan McGuire, ranking member Mary Jane Wallner, deputy ranking member Karen Eil, clerk Jerry Griffin, and other members from both parties. Many members briefly described prior legislative service and professional backgrounds, with several noting prior experience on Finance or related budget committees. Chair Weyler then outlined committee procedures and expectations. He emphasized that Finance handles spending bills and fiscal notes, that bills will generally be heard by the full committee and then referred to the appropriate division, and that executive sessions may be used to save time when positions are clear. He reviewed rules on attendance, dress, phones, paperwork handling, committee replacements, conflict of interest and recusal, and the process for testimony, including that members should listen without debating witnesses and that sponsors of bills must recuse themselves from questioning witnesses on their own bills. He also described the committee’s structure and workload, noting three divisions and the role of legislative budget staff. Weyler said the committee would likely see bills from many policy committees that have fiscal impacts, and he encouraged policy committees to find offsets within their own areas rather than assume new spending will be added. No bills were heard and no votes were taken during this portion of the meeting.

Transcript Highlights:

• , our carryover balance, is not structural surplus.
• who've built this surplus that don't own homes and won't benefit from compression?
• Leave, leave our surplus alone. I, I, I heard just a couple of times.
• Uh, we would, we would argue for, uh, a majority of that $24 billion surplus.
• With another budget surplus, it is our responsibility to return this money to the taxpayers.

Bills: HB8, HB9, HJR1, HB 22

Keywords: HB 8, Texas public school accountability, school accountability, public school transparency, STAAR, state assessments, instructionally supportive assessment program, Student Success Tool, Texas Education Agency, TEA, accountability ratings, A-F ratings, through-year assessment, benchmark testing, norm-referenced assessment, college career military readiness, CCMR, local accountability plan, school district performance, campus turnaround

Transcript Highlights:

• Replace line 331 by Senator Wagner. Replace line 331 by Senator Wagner.
• Replace line Replace line 18 on Smith. Replace line Replace line 18 on Smith.
• Replace line 24 on page one with the line 24 on page one with the line 24 on page one with the following
• Replace line 75 through 76 on page three Replace line 75 through 76 on page three Replace line 75 through
• So, thank you, finish line. So, thank you, finish line.

Bills: SCR 4, SCR 18, SCR 43, SB 227, SB 269, SB 330, SB 434, SB 437, SB 438, SB 463, SB 528, SB 584, SB 604, SB 663, SB 668, SB 682, SB 747, SB 841, SB 912, SB 968, SB 1013, SB 1020, SB 1044, SB 1137, SB 1138, SB 1143, SB 1164, SB 1169, SB 1200, SB 1236, SB 1244, SB 1299, SB 1325, SB 1335, SB 1369, SB 1410, SB 1418, SB 1422, SB 1455, SB 1468, SB 1495, SB 1534, SB 1579, SB 1580, SB 1612, SB 1624, SB 1667, SB 1734, SB 1745, SB 1746, SB 1760, SB 1784, SB 1860, SB 1862, SB 1864, SB 1896, SB 1898, SB 1920, SB 1940, SB 1952, SB 1998, SB 1999, SB 2004, SB 2032, SB 2052, SB 2068, SB 2073, SB 2121, SB 2127, SB 2141, SB 2145, SB 2161, SB 2167, SB 2196, SB 2207, SB 2216, SB 2246, SB 2323, SB 2332, SB 2395, SB 2429, SB 2431, SB 2439, SB 2443, SB 2581, SB 2601, SB 2629, SB 2702, SB 2705, SB 2717, SB 2798, SB 2873, SB 2881, SB 2964, SB 3034, SCR 4, SCR 38, SB 39, SB 227, SB 240, SB 330, SB 401, SB 407, SB 467, SB 506, SB 512, SB 527, SB 584, SB 618, SB 619, SB 636, SB 648, SB 663, SB 715, SB 732, SB 758, SB 801, SB 843, SB 847, SB 870, SB 957, SB 1013, SB 1020, SB 1065, SB 1152, SB 1164, SB 1181, SB 1183, SB 1257, SB 1283, SB 1299, SB 1325, SB 1349, SB 1395, SB 1433, SB 1455, SB 1490, SB 1558, SB 1574, SB 1624, SB 1626, SB 1640, SB 1717, SB 1718, SB 1727, SB 1734, SB 1756, SB 1757, SB 1789, SB 1832, SB 1845, SB 1868, SB 1920, SB 1924, SB 1964, SB 2004, SB 2018, SB 2031, SB 2037, SB 2052, SB 2073, SB 2075, SB 2080, SB 2111, SB 2117, SB 2154, SB 2161, SB 2196, SB 2206, SB 2253, SB 2268, SB 2322, SB 2323, SB 2349, SB 2533, SB 2540, SB 2570, SB 2623, SB 2626, SB 2658, SB 2660, SB 2692, SB 2705, SB 2717, SB 2722, SB 2742, SB 2743, SB 2753, SB 2788, SB 2877, SB 2900, SB 2920, SB 3031, SB 5, SB 260, SB 1786, SB 1, HJR 4, HB 135, HB 1109, SJR 36, SJR 50, SJR 63, SJR 84, SJR 59, SCR 12, SCR 39, SCR 38, SCR 4, SCR 18, SCR 43, SCR 46, SCR 48, SCR 19, SB 2023, SB 1257, SB 240, SB 1727, SB 870, SB 618, SB 62, SB 666, SB 847, SB 284, SB 854, SB 1073, SB 810, SB 1505, SB 583, SB 1502, SB 507, SB 1026, SB 1349, SB 1433, SB 1434, SB 1376, SB 1585, SB 1772, SB 2016, SB 1163, SB 619, SB 1122, SB 732, SB 731, SB 397, SB 508, SB 1436, SB 287, SB 261, SB 1882, SB 393, SB 1791, SB 529, SB 209, SB 2429, SB 1999, SB 511, SB 2309, SB 510, SB 1860, SB 2037, SB 1924, SB 2253, SB 2018, SB 2206, SB 1299, SB 841, SB 668, SB 584, SB 1085, SB 2431, SB 1490, SB 1868, SB 2314, SB 434, SB 2046, SB 1667, SB 2127, SB 1975, SB 1760, SB 1734, SB 1335, SB 2246, SB 2439, SB 1624, SB 1244, SB 1468, SB 2717, SB 1612, SB 1262, SB 604, SB 2395, SB 1832, SB 1745, SB 1746, SB 2207, SB 1784, SB 1524, SB 528, SB 437, SB 269, SB 1137, SB 968, SB 636, SB 747, SB 1325, SB 1455, SB 2056, SB 1940, SB 2052, SB 1579, SB 2068, SB 3034, SB 1920, SB 1558, SB 1236, SB 1044, SB 884, SB 463, SB 227, SB 517, SB 1200, SB 1410, SB 1626, SB 1845, SB 1863, SB 2216, SB 2681, SB 1717, SB 2141, SB 2323, SB 2200, SB 2332, SB 2199, SB 1757, SB 2050, SB 1138, SB 2458, SB 1864, SB 2201, SB 1862, SB 1055, SB 2660, SB 1898, SB 2662, SB 2161, SB 2964, SB 2881, SB 1065, SB 801, SB 2743, SB 2533, SB 2073, SB 3014, SB 3013, SB 2702, SB 2629, SB 2443, SB 2349, SB 2167, SB 2145, SB 2121, SB 758, SB 648, SB 647, SB 512, SB 438, SB 1721, SB 2268, SB 1495, SB 2705, SB 2366, SB 1422, SB 1369, SB 1013, SB 682, SB 2692, SB 2570, SB 2797, SB 2111, SB 1896, SB 1164, SB 1020, SB 663, SB 2371, SB 1152, SB 2196, SB 2383, SB 2581, SB 2798, SB 330, SB 646, SB 843, SB 1998, SB 1418, SB 2788, SB 1169, SB 2873, SB 1754, SB 1534, SB 1718, SB 2779, SB 2004, SB 1143, SB 1756, SB 912, SB 2119, SB 2032, SB 527, SB 1580, SB 1952, SB 2601, SB 2322, SB 2448, SB 1777, SB 1283, SB 407, SB 2392, SB 2076, SB 2786, SB 3031, SB 2877, SB 2876, SB 2284, SB 2225, SB 1540, SB 2920, SB 2929, SB 1395, SB 1972, SB 2540, SB 1183, SB 2742, SB 2595, SB 2217, SB 2117, SB 715, SB 2330, SB 1964, SB 1383, SB 500, SB 1640, SB 39, SB 2001, SB 2080, SB 2722, SB 506, SB 2514, SB 2623, SB 2658, SB 1574, SB 2900, SB 2753, SB 2398, SB 401, SB 1241, SB 2927, SB 2173, SB 2538, SB 898, SB 467, SB 1449, SB 2529, SB 1531, SB 2846, SB 2476, SB 2031, SB 986, SB 1181, SB 2075, SB 2154, SB 2864, SB 31, SB 2880, SB 1359, SB 2386, SB 771, SB 2844, SB 2550, SB 1351, SB 1423, SB 1931, SB 2245, SB 2589, SB 2707, SB 2807, SB 2351, SB 410, SB 659, SB 816, SB 2776, SB 2693, SB 2580, SB 1980, SB 1886, SB 1234, SB 739, SB 482, SB 456, SB 127, SB 1666, SB 2843, SB 2801, SB 800, SB 2055, SB 784, SB 2986, SB 735, SB 1012, SB 324, SB 2926, SB 2938, SB 2007, SB 2138, SB 1242, SB 843, SB 1152, SB 1164, SB 1299, SB 1349, SB 1868, SB 2037, SB 2349, SB 2788, SB 39, SB 1183, SB 1717, SB 1832, SB 2743, SR 429, SR 432, SCR 38, SB 39, SB 240, SB 618, SB 870, SB 1183, SB 1257, SB 1717, SB 1727, SB 1832, SB 2743, SB 2, SB 3058, SB 3059, HB 6, HB 14, HB 43, HB 100, HB 136, HB 149, HB 204, HB 206, HB 307, HB 467, HB 685, HB 1130, HB 1393, HB 1644, HB 2027, HB 2118, HB 2176, HB 2468, HB 2488, HB 2525, HB 2596, HB 2890, HB 2894, HB 3077, HB 3114, HB 3204, SCR 4, SCR 18, SCR 43, SB 269, SB 330, SB 434, SB 437, SB 438, SB 463, SB 528, SB 604, SB 663, SB 668, SB 682, SB 747, SB 841, SB 912, SB 968, SB 1020, SB 1044, SB 1138, SB 1143, SB 1236, SB 1244, SB 1325, SB 1335, SB 1369, SB 1418, SB 1422, SB 1455, SB 1468, SB 1495, SB 1534, SB 1579, SB 1580, SB 1612, SB 1624, SB 1667, SB 1734, SB 1745, SB 1746, SB 1760, SB 1784, SB 1860, SB 1862, SB 1864, SB 1896, SB 1898, SB 1920, SB 1940, SB 1952, SB 1998, SB 2032, SB 2052, SB 2068, SB 2073, SB 2121, SB 2127, SB 2141, SB 2145, SB 2161, SB 2167, SB 2196, SB 2207, SB 2216, SB 2246, SB 2323, SB 2332, SB 2395, SB 2431, SB 2439, SB 2443, SB 2581, SB 2601, SB 2629, SB 2702, SB 2705, SB 2798, SB 2873, SB 2881, SB 2964, SB 3034, SB 227, SB 584, SB 1013, SB 1137, SB 1169, SB 1200, SB 1299, SB 1410, SB 1999, SB 2004, SB 2429, SB 2717, SB 3058, SB 3059, HB 6, HB 14, HB 43, HB 100, HB 136, HB 149, HB 204, HB 206, HB 307, HB 467, HB 685, HB 1130, HB 1393, HB 1644, HB 2027, HB 2118, HB 2176, HB 2468, HB 2488, HB 2525, HB 2596, HB 2890, HB 2894, HB 3077, HB 3114, HB 3204

Keywords: Pflugerville, Trail Capital, health and wellness, outdoor recreation, community connectivity, patriotism, town designation, community engagement, Trophy Club, Texas Town of Patriotism, Port Aransas, Mustang Island, Fishing Capital of Texas, Texas fishing, coastal tourism, charter fishing, deep-sea fishing, bay fishing, pier fishing, angling

Transcript Highlights:

• lines insurance.
• Six lines, and those lines remain in our bill. Other questions? Is there debate? Leader Soroy.
• I'm looking at lines 318 and 322.
• Remove lines 5 through 3,033.
• Line 1524. That's on page 63. Representative Gant: Line 1524. That's on page 63.

Summary: The House took up a series of Senate messages and concurred in several amendments before passing multiple bills. Early actions included unanimous passage of CS/CS/HB 1299 on Department of Health matters, CS/HB 1549 on financial institutions after removing a Senate-added trust-account provision, and CS/CS/SB 768 on foreign ties in business ownership after trimming registration requirements. The chamber also insisted on its housing amendment to CS/CS/CS/SB 184 after the Senate refused to concur. A major portion of the meeting focused on CS/CS/HB 875 on educator preparation. The House adopted an amendment restoring two teacher-prep courses, preserving the Florida Center for Teaching Excellence at Miami-Dade College in partnership with USF, and modifying the teacher candidate testing framework and mentor qualifications. Supporters said it reduced barriers while keeping standards; opponents raised concerns about the remaining “identity politics” language and other provisions. The bill then passed 91-22. The House also passed HB 1101 on out-of-network providers after adopting a House amendment that kept the original bill’s notice and referral provisions with a good-cause exemption, despite objections that it placed too much responsibility on doctors. Later, the chamber approved CS/CS/SB 180 on emergency preparedness and response, with members highlighting debris management, emergency planning, crane safety, and hurricane recovery provisions; it passed unanimously. The House then rejected concurrence in a Senate amendment to HB 1609 on waste incineration, and later spent substantial time debating CS/CS/HB 1115 on education, especially Schools of Hope, expanded co-location authority, funding, transportation, and school-district agreement terms. Critics argued the language was added late and could disadvantage traditional public schools, while supporters said it would expand options for students; the debate continued with the bill still under consideration at the end of the excerpt.

Transcript Highlights:

• lines insurance.
• Six lines, and those lines remain in our bill. Other questions? Is there debate? Leader Soroy.
• I'm looking at lines 318 and 322.
• Remove lines 5 through 3,033.
• On line 1524, that's on page 63. Representative Gant: On line 1524, that's on page 63.

Summary: The House convened with prayer, the Pledge of Allegiance, quorum established, and several recognitions, including a legislative intern, a guest in the gallery, and Representative Bruce Antone’s upcoming induction into the Tuskegee Athletic Hall of Fame. The Speaker also gave brief remarks about the end of session and the freshman class. The chamber then took up a series of Senate-returned messages and concurred or insisted on several amendments while moving bills toward final passage. The House unanimously approved CS/CS/HB 1299 on Department of Health matters, CS/HB 1549 on financial institutions after adopting a House amendment to remove the IOTA-related provision, and CS/CS/SB 768 on foreign ties and business interests after a House concurrence motion. It also insisted on its amendment to CS/CS/CS/SB 184 on housing. CS/CS/HB 875 on educator preparation was amended to restore House provisions on teacher-prep courses, the Florida Center for Teaching Excellence at Miami-Dade College, and related testing and mentor-qualification changes; it passed 91-22 after debate over teacher certification, testing, and “identity politics” language. HB 1101 on out-of-network providers was amended to keep the House’s original notice and referral framework with a good-cause exemption; it passed 87-27 despite objections that it placed too much responsibility on doctors. After recess, the House took up CS/CS/SB 180 on emergency preparedness and response. Members described changes including removal of some homestead-assessment and debris-removal provisions, a study requirement for a post-hurricane county restriction concept, and a Florida Keys evacuation-time change paired with a 10-year cap of 900 permit allocations; the bill passed 116-0. The House also refused to concur in a Senate amendment to HB 1609 on waste incineration and requested the Senate recede. Later, the House returned to HB 1101 and insisted on its amendment after the Senate refused to concur. The longest debate came on CS/CS/HB 1115 on education, where the House amendment replaced the Senate version with the substance of HB 1267, including Schools of Hope, higher education governance, and course transparency. Members questioned provisions expanding Schools of Hope co-location and sponsorship authority beyond traditional opportunity zones, the role of the Department of Education versus school districts, transportation and facility-cost issues, and performance-based agreements. Supporters said the changes would expand options for students and use vacant or underutilized facilities; opponents argued the language was added late, lacked transportation funding, and could allow charter operators to enter high-performing schools. The bill remained under debate at the end of the transcript, with no final vote shown.

Transcript Highlights:

• ago when you can't if you have a surplus ago when you can't if you have a surplus in<00:04:06.640
• Every one of our budget bills passed on essentially a party-line vote.
• See, we have a $3 billion surplus, and what I've been telling Minnesotans is that surplus is spent.
• See, we have a $3 billion surplus, and what I've been telling Minnesotans is that surplus is spent.
• Senators say they hope to find more line items for savings as the session continues.

Keywords: 1187, senate, all

Transcript Highlights:

• against the general fund bottom line. against the general fund bottom line.
• <00:21:12.799> all So you can see uh the next line all So you can see uh the next line all
• line. Um previous slide please. line. Um previous slide please.
• The solid line on top represents the current forecast, and the dashed line in the bottom shows where
• <00:32:02.559> The into a surplus, and that's time. The into a surplus, and that's time.

Keywords: 919, house, all

Summary: Minnesota Management and Budget Commissioner Aaron Campbell, State Economist Dr. Tony Becker, and State Budget Director Anna Mingi presented the November 2025 budget and economic forecast. Campbell said the state now projects a nearly $2.5 billion surplus at the end of the 2026-27 biennium, about $575 million better than the end-of-session estimate, but also a projected negative balance of about $2.9 billion in FY 2028-29, reflecting a worsening structural imbalance. He said the budget reserve stands at $3.4 billion, with cash flow and budget reserves totaling $3.8 billion after a $244 million addition, and emphasized that Minnesota’s AAA bond rating and reserve policy remain strengths even as future sessions will need to address the long-term gap. Becker said the national economic outlook has changed only modestly since February, but growth remains below trend through the forecast horizon. He cited slower consumer spending, weak private investment, continued tariff uncertainty, lower projected immigration, and modest inflation that stays near 3% through 2026 before easing. Revenue forecasts for the next biennium were revised up to $66.3 billion, driven mainly by higher individual income tax receipts and other revenue, partly offset by lower sales and corporate tax forecasts. He also noted risks from federal policy changes, the recent shutdown’s effect on data availability, and possible equity market volatility. Mingi said general fund spending is projected to rise sharply, with current biennium spending up $3.4 billion from end-of-session estimates and planning-year spending up $1.9 billion. She attributed much of the increase to carryforward from prior one-time appropriations, discretionary inflation, and especially Medical Assistance. MA costs are projected to be about $2.5 billion higher over 2025-29, largely because managed care rates rose more than expected due to higher utilization and higher-cost services, including pharmacy costs, while long-term care and disability waiver costs also increased. In response to questions, officials said the federal reconciliation bill had only a relatively small effect on the health care changes, and that the carryforward amounts reflect unspent prior appropriations that now show up in later years rather than new spending.

Transcript Highlights:

• This is the first I'm hearing of them, and with this $14 million, just kind of going down the same line
• months this money will be spent, and what would happen if those dollars are not fully satisfied in line
• Satisfied in line with the grant. Mr. Pridgin, you're recognized. Thank you.
• The main driver of the surplus is declining caseloads. Follow-up, Representative Tant. Thank you.”
• If we actually implemented what the law that this legislature passed, would that take all the surplus

Summary: The Legislative Budget Commission considered 21 budget amendments, most of them routine authority adjustments tied to federal grants, Medicaid payment programs, and trust fund realignments. The Department of Education received $14.751 million for a Preschool Development Grant to support early learning system improvements, workforce credentialing and training, IT modernization, and related early childhood certification work. The Department of Veterans Affairs shifted $2.2 million within its trust fund to cover higher nursing home occupancy, replace contract nursing with OPS staff, and meet rising operating costs. The Department of Health moved about $9.1 million to support Disability Determinations, where roughly 140,000 cases were pending or in process, and said the change would help reduce backlog and avoid a deficit. The Agency for Health Care Administration presented multiple amendments for Medicaid-related programs, including $766 million for indirect medical education, $1.9 million for managed care network adequacy audits, $209 million for the Rural Health Transformation Program, and several large supplemental payment programs for hospitals and physicians; members asked about CMS approval delays, provider access, and how rural funds would be distributed. The commission also adopted an amendment realigning KidCare funds, placing a $32.1 million surplus into reserve, though several members objected that the state had not yet implemented the 2023 KidCare expansion and that children remained on a wait list. Another Medicaid amendment placed a $376 million surplus into reserve after updated estimating conference projections. Other agencies also received approvals. FDLE received $16.26 million to buy counter-unmanned aircraft systems equipment such as radar and RF sensors to detect and mitigate drone threats. The Department of Juvenile Justice received $1.6 million for the Florida Scholars Academy and a Social Services Block Grant realignment, with staff confirming corrective action had been taken after prior audit findings about allowable SSBG spending. The Division of Emergency Management received federal pass-through authority for FIFA World Cup security and counter-UAS funds, both controlled by the Miami host committee, and members noted the state had little direct oversight over how those local grants would be used. The Department of Commerce received $148.4 million for Community Development Block Grant Disaster Recovery work, with questions focused on the split between housing, infrastructure, and administrative costs. The Department of State received $408,377 for arts and culture federal grant obligations. All amendments were adopted, generally without objection, after brief questioning and no public testimony.

Transcript Highlights:

• they're getting it from a surplus they're getting it from a surplus insurer<00:05:00.639> who
• So, for any, I guess, surplus line insurer, do we have any kind of regulatory control over the timing
• Surplus lines are there as a backstop for availability, so they supplement the admitted market for availability
• lines insurance policy for the same coverage.
• c> for<00:08:45.560> the Surplus lines insurance policy for the Surplus lines insurance policy

Keywords: 912, senate, all

Summary: The committee heard several insurance and condominium-related bills. SB 1137 would require insurers to notify policyholders of approved rate changes within 30 days and at least 30 days before the effective date. The Insurance Division supported the bill, while testimony focused on condominium master policies and whether the notice period would be enough for associations to respond to rate increases. The division said the bill would mainly affect admitted carriers, not surplus lines insurers that write many condominium master policies, and warned against limiting the nonadmitted market. SB 293, requiring sellers to disclose when USPS cannot deliver mail or packages to a residential property, was also heard with HAAI Realtors commenting. SB 752 would extend notice periods for cancellation or nonrenewal of property-casualty policies; the Attorney General’s Office raised concerns about contractual impairment and retroactive application. The committee also heard SB 575, which would allow authorized insurers to offer building and hurricane damage coverage for condominium buildings at a lower rate than prior surplus lines coverage. The Insurance Division stood on written testimony, and a condominium owner urged amendments to require a membership vote before such coverage changes, citing concerns about condominium self-governance. SP 1046 would require managing agents to notify unit owners and the Real Estate Commission when a condominium association fails budget and reserve reporting requirements. The Real Estate Commission said the bill was administratively workable as drafted but noted ambiguity over who counts as the “managing agent”; several testifiers opposed the measure, arguing it could disrupt the principal-agent relationship and impose legal judgment on nonlawyers, while others supported it. SP 150, dealing with captive insurance companies seeking exemption from examinations, drew the most detailed discussion. The Captive Insurance Council supported the bill as a way to reduce duplicative oversight and improve Hawaii’s competitiveness, while the Insurance Division opposed it as drafted, citing concerns about broad commissioner discretion, possible missed issues between exams, staffing shortages, and the need to preserve oversight. A committee member asked about a possible middle ground, including a shorter exemption period or limiting the bill to self-attestation companies; the division said it would need more information and that annual filings and approval requirements would still provide oversight. The committee also heard SP 212, which would require at least two Real Estate Commission members to be licensed engineers or architects; testimony included support and a concern about conflicts of interest among people who serve in multiple roles in the condominium and real estate sectors. No votes or final actions were taken in the portion provided, and the chair moved from one measure to the next after testimony and questions.

Transcript Highlights:

• further modified in the 2024 session. line but um wanted to look at lines 3.1 line but um wanted to
• for Blue Line Light Rail.
• That's on line 144 and 145, and you can see the net impact to the metro counties on line 148.
• Joy look at line 75 0% it goes from line Joy look at line 75 0% it goes from line 23 23 23 36%<00
• line on the<01:03:37.079> spreadsheet<01:03:37.640> line the spreadsheet line the spreadsheet

Keywords: 1183, house

Transcript Highlights:

• Okay so we're really chipping away at that so-called surplus.
• So, part of this surplus...
• So effectively a surplus.
• I know the surplus number.
• Went line by line, and we've reduced from 332 rules to 56 rules, so pretty.

Keywords: budget, House Bill 1, public education, healthcare, border security, federal funding, spending limits

Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.

Transcript Highlights:

• We had some surplus, and so you guys funded it out of the surplus funds.
• Again, I imagine we'll be going through this and we go through the line by line, but just in general
• And then we're happy to do the line by line, and I've got a crack team behind me who's just itching to
• <01:26:14.880> within that was moved to its own line within that was moved to its own line
• You deal with surplus statements; you deal with the highway fund surplus, the fishing and game surplus

Keywords: 928, house, all

Summary: The Finance Division II committee heard a Department of Education budget presentation from Commissioner Frank Edelblut and CFO Tammy Valen-cour. The department outlined its organizational structure and emphasized that it functions largely as a flow-through agency for school funding. The commissioner reviewed general fund and Education Trust Fund items, including state aid, dropout prevention, special education, building aid, lease aid, charter schools, Education Freedom Accounts, and the district adequacy calculation. He also highlighted the public school infrastructure fund, saying the state has invested well over $50 million in school safety since 2018 for measures such as access controls, locks, and window film, and argued that safety spending should be ongoing rather than reactive. Members asked about the variability in the school infrastructure line, special education aid, and the Discovery Education learning platform. Edelblut explained that some safety funding had come from one-time surplus appropriations rather than the agency line, and said special education aid was underappropriated because districts submitted more invoices than expected; he said the governor added $16 million to address the shortfall. He also described CTE renovation funding, noting four projects were initially proposed but only Jaffrey and Milford were still moving forward, with local votes required and the state covering 75% of costs. He said Milford’s project was omitted from the governor’s budget by oversight. The department also reviewed enrollment trends, noting public school enrollment has fallen from about 230,000 students in 2002 to about 185,000 today. Edelblut clarified that charter students are not eligible for Education Freedom Accounts, while EFA students attending non-public schools are counted as EFA students. He described several one-time surplus-funded initiatives, including Student Clearinghouse, MTSSB work, civics curriculum development, computer science education, and adult education. He also discussed a $4 million CTE tuition and transportation grant, saying it was kept as a competitive grant rather than a formula grant to avoid creating an ongoing maintenance-of-effort commitment that could jeopardize federal Perkins funding. In the final portion, Edelblut identified prioritized needs in the department’s budget, especially funding for a state administrator for assessment to support the legislatively required civics assessment, and additional support for the Discovery Education platform. He said every school in the state is using the platform and cited more than 1.5 million educator engagements, while a member raised concerns about mixed reviews and uneven district awareness of the program. No votes or formal actions were taken during the presentation and question period.

Transcript Highlights:

• Surplus lines insurance is a specialized coverage.
• Available from certain insurers, not licensed in Texas, but eligible as surplus lines carriers.
• However, TDI does license and regulate the surplus lines agents.
• A surplus lines agent must make a diligent to obtain the insurance from an insurer authorized to write
• that kind of insurance in Texas before place. placing that coverage with the surplus lines carrier.

Keywords: 1184, house, all

Transcript Highlights:

• I don't represent communities with the Orange Line and the Red Line, the Green Line, the Blue Line.
• I don't represent communities with the orange line and the red line, the green line, the blue line.
• red line at Ashland.
• Line trolley service.
• and the Mattapan line.

Keywords: 995, all

Summary: The Senate took up Senate House No. 4010, a fiscal year 2025 supplemental appropriations bill funded largely by surplus Fair Share revenues. The Ways and Means chair described the bill as a $1.28 billion package, with major investments in education and transportation, including special education circuit breaker aid, higher education deferred maintenance, career technical education capital grants, school construction relief, high-dosage tutoring, English language learning grants, MBTA reserve replenishment and safety training, commuter rail maintenance, Chapter 90 local road aid, regional transit authority support, ferry and micro-transit funding, and a small World Cup transportation appropriation. Members from both parties generally praised the bill’s one-time, regionally balanced approach while emphasizing fiscal discipline and the limited, surplus-based funding source. The minority leader and others questioned the fund balances and the use of the education and transportation innovation and capital fund, the Student Opportunity Act trust fund, and the transitional escrow account; the chair said the bill would zero out the innovation and capital fund, leave about $430 million in the SOA trust, and about $200 million in the escrow account. Several members highlighted specific priorities. Senator Cronin and Senator Feeney strongly supported the $100 million career technical education investment, arguing it would expand vocational opportunities in comprehensive high schools and help meet workforce needs. Senator Feeney also emphasized MBTA funding, special education, local road repairs, English language learning tied to workforce needs, and World Cup preparations in Foxborough. Senator Comerford praised the bill’s regional equity, higher education maintenance funding, special education support, and transportation investments, while also noting the need for broader future work on Chapter 70 and school finance. Senator Tarr supported the bill but repeatedly stressed that the spending was a unique one-time opportunity and that the Commonwealth should preserve fiscal reserves and continue to address school funding inequities and MBTA finances more broadly. The chamber then considered numerous amendments. Amendment 1 on tariff pricing transparency was withdrawn after brief remarks, and Amendment 14, proposing a DESE study on educational outcomes for young men and boys, was rejected. Amendment 182, funding Worcester Regional Transit Authority capital expenses, was adopted. Amendment 228, adding $500,000 for Free Period to expand access to menstrual products in schools, was adopted. Amendment 257, funding Springfield Public Schools communication and safety systems, was also adopted. Other amendments, including Tarr amendments on supplemental district aid, MBTA reporting, and the Foundation Budget Review Commission, were rejected. Amendment 308 concerning MBTA Communities and Milton was withdrawn, after which Senator Driscoll began a presentation arguing Milton was being misclassified under the MBTA Communities Act and should be treated fairly under the law.