Video & Transcript : 'trust funds' :

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TX

Texas 89th Regular

Natural Resources Apr 16th, 2025

Natural Resources

Transcript Highlights:
  • The Texas Water Trust was established in 1979 by the legislature as a program within the Texas Water
  • Currently, all surface water rights placed in the trust must be reviewed and approved by the TCEQ in
  • by expanding the Texas Parks and Wildlife Department's ability to manage water rights and the trust
  • The bill encourages voluntary transfer of surface water rights. to the trust through lease, donation,
  • The water trust fund in the future.
Bills: HB143 , HB4530 , HB4931 , HB5559 , HB5560
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Feb 4th, 2026

Ways and Means Education

Transcript Highlights:
  • the capital grant program, the ENT fund, another fund, or any other fund.
  • </c> funding that through the legislature. funding that through the legislature.
  • fund, advancement technology fund, then they're going to have to use that money for this.
  • That number two, if they receive the education trust fund, advancement technology fund, then they're
  • </c> uh funding mechanism for that. uh funding mechanism for that.
Bills: HB187 , HB341 , HB4 , HB175 , HB326 , HB187 , HB341 , HB4 , HB175 , HB326
FL

Florida 2026 Regular Session

Judiciary Feb 3rd, 2026

Judiciary

Transcript Highlights:
  • We spoke about some of these trust laws, a decanting trust, and Senator Osgood, you did a great bill
  • this year with Senator Garcia on trust where basically you video record the trust while it's being created
  • So my fear in all this is when people change trust.
  • It also ensures that it explicitly states that funds used by a coach must be personal funds, and the
  • Personal funds.
Bills: S0002 , S0006 , S0018 , S0026 , S0028 , S0050 , S0178 , S0326 , S0538 , S0786 , S1004 , S1096 , S1178 , S1366 , S1632 , S1634
Committee: Senate Judiciary
Summary: The committee heard a series of bills, most of them claims or civil-law measures, and reported each favorably. Among the bills approved were SB 326 on curators of estates, SB 1096 clarifying filing deadlines under the Florida Civil Rights Act, SB 28 and SB 26 on claims against the City of Lakeland and the estate of Mark Legata, SB 6 involving a DCF-related claim for Layla Estrada/Sapphire Williams, SB 786 creating a nonjudicial process for closing trusts, SB 18 and SB 2 on claims involving the estate of McKenzie Navarre and Daniel Mosley, and SB 50 expanding veterans’ courts statewide. The committee also approved SB 538 on extracurricular activities, SB 1004 on pet sales and financing disclosures, and SB 1366, the sovereign immunity bill, which was presented as a starting point for negotiations with the House over higher claims caps and related provisions. Most of these bills were explained by sponsors as clarifying existing law, modernizing procedures, or resolving uncontested claims, and several had support from affected organizations or individuals; some also drew opposition or concerns from speakers, especially on trust notice issues, sovereign immunity, and the scope of the extracurricular and pet-sale bills. Several bills were amended before passage. SB 326 was narrowed by removing a section and changing reporting language for curators. SB 786 received a technical clarification amendment, while SB 18 removed an unneeded Medicaid-related section. SB 50 on veterans’ courts drew broad support from veterans’ groups and criminal-justice organizations. SB 538 on extracurricular activities was amended multiple times to address home education eligibility, activity fees for homeschool participants, technical cross-references, and compensation for extracurricular sponsors. SB 1004 was supported by animal-welfare advocates and consumer-protection interests. SB 178 on athletics in public K-12 schools was amended to limit the bill to head coaches, require personal funds, and allow similar bylaws by other athletic associations; it passed after discussion of a Miami Northwestern coaching controversy. The committee also took up two major policy bills with substantial testimony and questions. SB 1178 on foreign influence would create a state framework for foreign-agent registration, restrict gifts and contracts tied to foreign countries of concern and designated foreign terrorist organizations, limit certain sister-city and university linkage activities, and increase penalties for crimes committed to benefit foreign governments or terrorist groups; supporters framed it as a national-security and transparency measure, while the sponsor withdrew one amendment before passage. SB 1632 on ideologies inconsistent with American principles generated the most extended questioning, especially about its domestic-terrorism designation process, references to Sharia law, notice and due-process protections, and potential effects on students and speech; supporters argued it targets conduct, not belief, while opponents warned it could chill protected activity and unfairly target Muslim communities. The committee heard many public speakers on both sides, but no floor debate followed before the bill was moved forward.
TX

Texas 89th Regular

Appropriations Apr 29th, 2025

Appropriations

Transcript Highlights:
  • We call this the grow fund, which has otherwise been deposited in the Rainy Day Fund.
  • Fund.
  • I appreciate this fund, as I did the previous fund for Speaker Craddick.
  • It also allows the Texas Treasury Safekeeping Trust Company to reallocate funds for distribution to local
  • funds within two years.
Bills: HB188 , HB265 , HJR35 , HJR47 , SB1901 , HB188 , HB265 , HJR35
LA

Louisiana 2026 Regular Session

Appropriations Apr 13th, 2026

Appropriations

Transcript Highlights:
  • I see $0, but it looks like we have a statutorily dedicated fund for $3 million in federal funds and
  • So we utilize $3.3 million from that fund to meet that 750 additional... it's called the Cal Fund."
  • monies and various Treasury funds.
  • Storage Trust Fund.
  • The funding is currently in there.
Bills: HB1 , HB312 , HB313 , HB314 , HB383 , HB983 , HB1126 , HCR3
TX

Texas 89th Regular

S/C on County & Regional Government Mar 24th, 2025

S/C on County & Regional Government

Transcript Highlights:
  • While the funds from this bill have been much appreciated across our rural counties and law enforcement
  • House Bill 1327 is a renewal bill for the Harris County Local Provider Participation Fund, which was
  • This is one of 32 statewide Local Provider Participation Funds that the legislature has approved for
  • I should also point out these Local Provider Participation Funds have extensive statutory...
  • I read something that someone printed about the bill, and it related to I.G.T. funding and... right.
Bills: HB334 , HB583 , HB605 , HB1327 , HB1646 , HB2115 , HB2379
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 2/18/25

State Government Finance and Policy

Transcript Highlights:
  • If a business misclassifies their worker, they're defrauding the unemployment trust fund of public resources
  • If a business misclassifies their worker, they're defrauding the unemployment trust fund of public resources
  • If a business misclassifies their worker, they're defrauding the unemployment trust fund of public resources
  • If a business misclassifies their worker, they're defrauding the unemployment trust fund of public resources
  • If a business misclassifies their worker, they're defrauding the unemployment trust fund of public resources
Bills: HF1 , HF2
HI
Transcript Highlights:
  • HCR 83 and HR 75, supporting the use of a dwelling unit revolving fund to fund pre-development costs
  • other funding mechanisms, such as the general fund or the State Highway Fund, would be more prudent
  • There are no general funds.
  • Special Fund.
  • Jobs and Special Fund. This money is not general funds money. This money came from the physicians.
Bills: HCR93 , HCR14 , HR85
Committee: House Finance
OK

Oklahoma 2026 Regular Session

Local and County Government Apr 7th, 2026

Local and County Government

Summary: The Senate Local and County Government Committee heard and advanced several House bills focused on local government bidding, audits, ordinance publication, and county fair boards. House Bill 3418, which updates the Public Competitive Bidding Act for public construction projects and school district contracts, was amended to clarify that public agencies may still conduct preliminary procurement activities such as market research and vendor outreach; it then passed 9-0. House Bill 3463, requested by the state auditor, changes audit requirements for small municipalities under 2,500 people by moving from a biannual to an annual financial statement audit or agreed-upon procedures engagement and shortening the filing deadline; it passed 9-0. House Bill 3002 extends the sunset on the Commission on County Government, Personnel, Education, and Training to 2031 and passed 8-0. House Bill 4303 extends the deadline for municipalities to publish ordinances from 15 to 30 days and passed 8-0. House Bill 3919 would allow counties to replace the current nine-member Free Fair Association board with a five-member board elected from commissioner districts and at-large seats; it passed 8-0. House Bill 3416, also developed with the state auditor and other stakeholders, would let counties use quotes for certain smaller purchases instead of a full bidding process while keeping documentation and safeguards; it passed 7-1. House Bill 3417 would require cities and towns to follow the state competitive bidding laws and not bypass those standards through local rules; it passed 7-1. House Bill 3985, the Safe Neighborhoods Act, drew the most debate. The bill would give property owners in municipalities over 130,000 population a narrow path to seek compensation if a city adopts a policy or practice of not enforcing certain public safety laws, including laws against illegal camping, loitering, panhandling, public intoxication, drug use, and shoplifting, and that inaction reduces property values or forces mitigation costs. Supporters said it is meant to encourage enforcement of existing laws and protect business and property owners, while opponents argued it could burden under-resourced cities, criminalize vulnerable people, and rely on a questionable population threshold. The bill passed 7-2 after debate. Throughout the meeting, members also raised questions about felony and misdemeanor provisions in HB 3418, the cost and practicality of live video bid openings, and the use of a repealed statute reference in HB 3417, with the author saying he would provide follow-up clarification before floor consideration.
OK

Oklahoma 2026 Regular Session

Rules REVISED: Start time delayed to 1:45 PM

Rules

Transcript Highlights:
  • What we've got here is H.J.R. 1074, which is the Veterans Lottery Bill trust fund.
  • fund and then administered by the trust board...
  • The lottery trust fund and then administered by the trust board, and confirm, because on page three,
  • lottery trust fund.
  • The language in there says it will just appropriate the money to the Veterans Lottery Trust Fund.
Bills: HJR1074 , HB3501 , HJR1070
Committee: House Rules
Summary: The committee began with HJR 1074, a proposed Veterans Lottery Trust Fund measure. After adopting a scrivener’s-error amendment, the author explained it would create a veterans lottery game as a two-step process: first establishing the trust fund and board structure, then returning later to authorize the game itself. Members questioned how the money would be appropriated and whether the legislature could direct spending, as well as whether the lottery would compete with existing education lottery revenue. The author said the intent was for the funds to go to the Veterans Lottery Trust Fund and then be distributed by the board, and argued it would create recurring revenue for veterans without relying on annual appropriations. The committee approved the measure 7-1 and reported it do pass. Next, the committee considered HB 3501, which would allow the ABLE Commission to issue multiple manufacturing licenses for one premises. A PCS was adopted as the working draft without objection, and the bill passed 8-1 after brief discussion and no substantive debate. Finally, the committee took up HJR 1070, which would require the Attorney General to be a licensed attorney. An amendment was adopted to change the required practice threshold from 10 years to 5 years to align with requirements for district judges and Supreme Court justices. Members asked about residency, whether the requirement would apply to current candidates, and why the change was needed now. The author said it would not affect current candidates but was intended for future elections so the chief law enforcement officer would be an actual attorney. The resolution passed unanimously, 9-0, and was reported do pass.
HI

Hawaii 2026 Regular Session

CAA Public Hearing - Wed Feb 4, 2026 @ 9:30 AM HST

Culture & Arts

Transcript Highlights:
  • </c> a tax credit through the cultural trust a tax credit through the cultural trust if<00:59:52.400>
  • So I want to to the cultural trust.
  • </c><01:00:10.160><c> to</c> donations from the cultural trust to donations from the cultural trust to
  • </c> not want to take donations and funding not want to take donations and funding away<01:00:24.720>
  • </c> organization and to the cultural trust organization and to the cultural trust in<01:00:56.160><c
Bills: HB2436 , HB2438 , HB2532 , HB2566
Summary: The committee on Culture and the Arts heard several measures related to arts funding, administration, and access. Testimony was largely supportive across the agenda. For HB 2218 and HB 1815, the State Foundation on Culture and the Arts supported the bills, and members discussed transition timing and administrative support, including the need for an additional year in one measure and a temporary administrative position to help with the transfer. HB 1764, the music accessibility pilot program, drew broad support from the Retail Merchants of Hawaii, Hawaii Symphony Orchestra, Hawaii Public Library System, Hawaii Youth Symphony, and others, with testimony emphasizing library-based music programming, community access, and economic benefits. HB 2117, which would create an arts data mapping task force, also received extensive support, though witnesses suggested narrowing the initial scope, adding representatives from independent and charter schools and neighbor island arts programs, and ensuring adequate funding and a realistic timeline for the work. The committee also heard HB 2436 on arts integration in public schools, HB 2438 on the Hawaii Cultural Trust, and HB 2532 on the Hawaiian flag. HB 2436 and HB 2438 received support from SFCA, while the Cultural Trust bill prompted a lengthy explanation from the chair about how the proposed tax credit would work and amendments to clarify that donations to the trust and to qualifying cultural nonprofits must be made in tandem, with eligible organizations listed and updated annually by SFCA and OHA. HB 2532 drew testimony from Dr. Adam Jansen in support of protecting the Hawaiian flag as a historical and cultural symbol; he said the flag should continue to be used for solidarity, protest, inclusion, and identity. At the decision-making portion, the committee adopted the chair’s recommendations on the measures considered. HB 2118, HB 764, HB 1815, and HB 2117 were passed with amendments, including date deferrals and technical changes; HB 764 also had its appropriation blanked out. HB 2436 was passed with amendments, and HB 2438 was advanced with substantial clarifying amendments to the cultural trust structure. The chair indicated that HB 2117 would include an interim report due in 2027 focused on music and dance, with a final report due in 2029 on arts education more broadly.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Apr 22nd, 2025

Ways and Means Education

Transcript Highlights:
  • funds because there was a lot of movement between funds.
  • fund from the reserve fund.
  • We've added also from the reserve fund additional funding on top of that.
  • Fund will go back to the education reserve fund.
  • So, we've moved this $80 million from the reserve fund to the Choose Fund. to the Choose Fund so they
Bills: SB113 , SB114 , SB305 , SB111 , HB600 , SB112 , SB150 , SB109 , SB122
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • It consolidates the bind fund and creates a new fund called the Military Readiness, Innovation, Education
  • , and Aviation Revolving Fund.
  • Members, this consolidates several funding streams into the revolving fund 4045 creates.
  • , sustainability revolving fund.
  • Fund.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget 3rd Revised Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • OK, House Bill4072 creates the taxpayer endowment trust fund. This...
  • This would direct it into both the taxpayer and endowment trust fund, as well as the revenue stabilization
  • fund.
  • fund, our general revenue fund, aren't all of those funded by our taxpayers?
  • The board shall fulfill the duties assigned to the board pursuant to the Taxpayer Endowment Trust Fund
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • It consolidates the Bind Fund and creates a new fund called the Military Readiness, Innovation, Education
  • , and Aviation Revolving Fund.
  • Members, this consolidates several funding streams into the revolving fund House Bill 4045 creates.
  • , sustainability revolving fund.
  • Fund.
Summary: The Joint Committee on Appropriations and Budget met to consider a long agenda of appropriations, retirement COLAs, revolving funds, and limits bills. Early actions included Senate Bill 1144 and Senate Bill 1145, which provided cost-of-living adjustments for retired teachers and OPRS retirees, respectively, and Senate Bill 1146, 1147, 1148, and 1149, which extended similar retirement benefit increases or a one-time stipend for law enforcement, firefighters, judges, and certain retired police and firefighters. The committee also advanced bills funding the Pardon and Parole Board, OSBI cybercrimes and fraud work, juvenile medication, and several agency limits bills for Health Care Authority, Health Department, Mental Health and Substance Abuse Services, and DHS. Members also heard and passed a series of education, public safety, and economic development measures, including funding for school security at the School for Science and Math and the Schools for the Blind and Deaf, support for National Board certified teachers, and appropriations for the Rural Health Transformation Program, the Decennial Census Revolving Fund, Task Force One, and the Oklahoma State Bureau of Investigation forensic center. Several bills created or expanded revolving funds and financing tools, including military readiness and aviation funds, a taxpayer endowment trust fund, water infrastructure loan and REAP-related measures, and a revised non-coal mining fee structure. The committee also approved a bill increasing court reporter pay and another reducing employer contributions to the retirement system after it reached over 100% funding. There was notable discussion on a $5 million film-related pilot program for sitcom production, with questions about the amount and certification requirements, and on a rural economic development package that included money for the state fairgrounds and a university energy plant, which drew objections over whether those projects fit the intended purpose of rural prep funds. Other debated items included a bill directing funds to the Oklahoma Dream Act/Trump accounts, a bill rejecting judicial pay increases recommended by the Board of Judicial Compensation, and a proposal to move $200 million from the stabilization fund into a new Taxpayer Endowment Trust Fund. Most measures were reported out with due pass votes, though several drew dissenting votes, including the film bill, the fairgrounds/economic development bill, the water projects bill, and the trust fund and judicial pay measures. The committee adjourned after completing the agenda.
AL

Alabama 2026 Regular Session

Alabama House Ways and Means General Fund Committee Mar 31st, 2026

Ways and Means General Fund

Transcript Highlights:
  • Chair: This is General Fund. Now that Ms. Hall's here, we'll get started.
  • </c> Uh, you can. >> Bill 153: Children's Trust Fund appropriations from fiscal year ending September
  • </c> do from the tobacco settlement fund. do from the tobacco settlement fund.
  • As introduced, HB 224 would increase the amount of funds to the Department of Human Resources Trust Fund
  • Remaining funds shall be $25,000.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/25/26

Taxes

Transcript Highlights:
  • </c> specifying how those funds were spent. specifying how those funds were spent.
  • trust fund with their affordable housing trust fund with their money<00:35:45.120><c> which</c><00:35
  • </c> up that afford affordable housing trust up that afford affordable housing trust fund<00:36:06.960
  • </c> dedicate where that funding goes. dedicate where that funding goes.
  • </c> sales tax to fund public services. sales tax to fund public services.
Bills: HF4561 , HF4343
Committee: House Taxes
OK

Oklahoma 2026 Regular Session

County and Municipal Government Feb 11th, 2026

County and Municipal Government

Transcript Highlights:
  • reports that came out, single-issue audits, we found quite a few instances of misspending of taxpayer funds
  • We ask Industrial Trust to also abide by the Central Purchasing Act of 1974.
  • This will ensure more transparency and accountability on taxpayer funds. 500 population.
  • This will ensure more transparency and accountability on taxpayer funds.
  • This will ensure more transparency and accountability on taxpayer funds.
Summary: The committee considered a series of local government, utilities, purchasing, mapping, and animal regulation bills. House Bill 3985 by Rep. Caldwell was presented as giving property owners recourse if a local municipality circumvents the law and reduces property value; it passed 6-0. House Bill 3883 by Rep. Cantrell would require public utility governing bodies to advise users of their responsibilities, adopt safeguards against system malfunctions, follow DEQ rules more closely, and provide liability protections for utilities and third-party operators; it passed 7-0. House Bill 4335 by Rep. Moore would let municipalities and counties regulate pet shops but not ban them outright, while allowing action against shops violating state animal laws and grandfathering certain existing bans; after questions about puppy mills and local authority, it passed 6-1. Rep. Storm presented House Bills 3416, 3417, and 3418 as part of a package responding to audit findings and tightening public purchasing rules. HB 3416 and HB 3417 would steer county and city bidding toward the lowest and most responsible bidders, with HB 3417 setting a $10,000 threshold for city/town bidding rules. HB 3418 would apply broader procurement reforms across property, public works, and schools, including requiring alternatives to sole-source vendors, banning restrictive bid notices, requiring ownership statements, prohibiting officials from influencing bids or sharing bid information, allowing live video of bid openings, and making Central Purchasing Act violations a misdemeanor. All three bills passed unanimously. Rep. Lawson’s HB 3619, with a PCS adopted as the bill, would expand and direct the GIS Council and one-stop mapping initiative to create a single state-owned map for use by political subdivisions, including aerial photography and boundary clarification; it passed 6-0. HB 3624 would repeal an older law tied to shifting county boundaries caused by flooding and river changes, with the goal of making county boundary maps more uniform and consistent; it also passed 6-0. Rep. Boles’ HB 3463, requested by the State Auditor’s Office, would modernize the municipal audit process for small communities under 2,500 population and codify work done over several years with the Oklahoma Municipal League; it passed 6-0. The committee then announced one more meeting would be held the following week and adjourned.