Video & Transcript Research : 'Reserve components'
Page 114 of 485
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/01/2025)
Transcript Highlights:
- Again, a lot of components and elements go as part of those decisions.
- Those, unless they become real reserves and then we're required to have real reserves, having precious
- >
have <00:23:09.840>real <00:23:10.159>reserves. - <02:04:02.639>
It's reserve and just sets it aside. It's reserve and just sets it aside. - reserve funds. reserve funds.
Summary:
The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy.
Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets.
Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.
HI
Hawaii 2026 Regular Session
FIN Info Briefing - Thu Jan 15, 2026 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- That's a big component.
- LNR 407 is our natural area reserves and watershed program.
- That's our natural area reserves 407.
- That's our natural area reserves and<05:22:13.040>
watershed <05:22:13.520>program. - Uh, Mike Nope, executive director, Kawavei Island Reserve Commission.
CA
California 2025-2026 Regular Session
Assembly Floor Session May 21st, 2026
California House Floor Meeting
Transcript Highlights:
- AB 1954 is the Protecting Access to Reservations, or PAR Act, which addresses an issue familiar to many
- of us, where individuals or entities are booking reservations for tee times at public golf courses and
- AB 1954 fixes this problem by requiring the operators of third-party reservation service platforms to
- Insurance coverage is important because, for housing projects, each component is expected to have coverage
Summary:
The Assembly met on May 7, 2026, after an initial delay due to lack of quorum, then proceeded through a long House of Origin deadline session focused mainly on floor votes for dozens of bills. The day opened with prayer, a moment of silence for victims of a hate-motivated shooting at an Islamic Center in San Diego, and a warning to visitors about disrupting proceedings. Leadership repeatedly urged members to be on time and at their desks as the chamber worked through a large daily file.
The bills considered covered a wide range of topics, including artificial intelligence, community college trustee compensation, transit camera enforcement and privacy, taxation and excess proceeds claims, HOA rules, hepatitis C treatment access, child care planning, greenhouse energy standards, consumer lending, housing and homelessness, pet spay/neuter access, local financing for workforce housing, student financial aid, DUI penalties, senior housing, foster youth, behavioral health licensing, transit stop data, disaster response for child welfare, elections notices, safe surrender for infants, college enrollment and leave policies, insurance regulation, fair funding, school safety, environmental labeling, cash rounding, park passes through libraries, grocery access, pregnancy protections in education, swatting, domestic violence protective orders, farmworker housing, juvenile justice, cervical cancer screening, Medi-Cal transitions, disability certification, and home protection products. Most authors described their bills as cleanup measures, consumer protections, access expansions, or targeted fixes to existing law.
Testimony from authors and supporters emphasized access, safety, affordability, and administrative simplification, while a few bills drew policy concerns or opposition, especially AB 1751 on townhome development and labor standards. That bill prompted extended debate over wages, prevailing wage, and stakeholder engagement, but it ultimately passed. Other notable discussion included AB 1628 to extend California’s safe surrender window for infants, AB 1902 on juvenile detention extension hearings, and AB 1925 on permanent disability certification, each framed as addressing difficult real-world gaps in current systems.
The chamber took many roll-call votes, with most measures passing overwhelmingly and several by unanimous or near-unanimous margins. A few bills were temporarily passed, retained on file, or moved to the inactive file, and AB 1534 required the call to be lifted and then passed on a 54-8 vote. Overall, the session was dominated by floor action on the daily file rather than committee reports or gubernatorial messages, and the Assembly advanced a large number of bills on a deadline day.
AZ
Arizona 2026 Regular Session
03/25/2026 - House Transportation & Infrastructure
Transportation & Infrastructure
Transcript Highlights:
- He said coordination of law enforcement resources is one of the important components of the bill.
- can do to make the changes for clarification, I'm going to vote yes today in committee, but I'll reserve
- I am going to be voting no, but I do reserve the right to change my vote on the floor, as long as ADOT
- We'll wait until ADOT gets back to us, but I'll reserve my right to change my vote on the floor.
Keywords:
appropriation, Department of Transportation, right turn lane, traffic improvement, infrastructure funding, nonoperating identification, homeless exemption, veterans, emancipated minors, Arizona Department of Transportation, transportation, infrastructure, pavement rehabilitation, funding, Arizona, SB1332, light rail, light rail expansion, Maricopa County, Phoenix
Summary:
The committee first heard Senate Bill 1273, which would appropriate $14 million in FY 2027 for pavement rehabilitation of Olga Frontage Road between Bowie and San Simon. Members asked about the project length and whether it was on the rural transportation priority list. The bill was moved and passed out of committee on a 3-2 vote with a due pass recommendation.
Senate Bill 1452, as amended, would create a cargo theft task force in the Attorney General’s office and require regular meetings, investigations, and reporting. Testimony from the Arizona Trucking Association described cargo theft as a growing, sophisticated crime and said the task force would help coordinate law enforcement and use Consumer Fraud Protection Fund dollars rather than the general fund. Members discussed the fund balance, possible costs, and whether the AG’s office had capacity; the committee adopted the amendment and then approved the bill 5-0 with a do pass recommendation.
The committee then took up Senate Bill 1332, which orders a study of light rail expansion in Maricopa County by the Auditor General and an independent transportation research entity. Supporters, including local business owners, argued the study was needed before further expansion, while opponents said light rail already had extensive study, strong ridership, and local voter approval, and that the state should not override local decisions. After extensive debate and public testimony, the bill passed 4-3 with a do pass recommendation.
Finally, Senate Bill 1059, one of several rural transportation appropriation bills discussed by Senator Wendy Rogers and Representative Blackman, would fund an additional right-turn lane at State Route 87 and State Route 260. The sponsors described it as a safety and congestion issue for Payson and surrounding rural communities, and members discussed broader rural road needs and funding. The committee approved SB 1059 unanimously, 7-0, with a due pass recommendation. The transcript also included extended discussion of Senate Bill 1209, which would waive non-operating ID fees for unhoused people and homeless shelter residents, but the committee had not yet finished action on that bill in the portion provided.
AZ
Transcript Highlights:
- construction of additional refined product pipelines in Arizona, and establishment of strategic oil and gas reserves
- product pipelines, and the construction of refineries and the establishment of strategic oil and gas reserves
- We're sitting on some of the largest reserves of copper and rare minerals in the United States.
- extraction, when you get to what is actually small modular reactors, okay, they are using other components
Bills:
HB2014, HB2055, HB2145, HB2150, HB2696, HB2755, HB2763, HB2781, HB2782, HB2787, HB2795, HB2889, HB2975, HB2985, HB2986, HCM2009, HCR2020, HCR2038
Keywords:
air emissions, fuel blends, environmental quality, feasibility study, Arizona Department of Agriculture, brackish groundwater, water supply development, desalination, Arizona Revised Statutes, water infrastructure, financial assistance, environmental reviews, fuel reformulation, gasoline standards, environmental regulations, ethanol supply, Air Quality, state land department, mineral lease, renewals
Summary:
The Natural Resources Committee approved the March 17 minutes and then took up a long calendar of bills, holding HCR 2038. HB 2787, which would bar the state and its political subdivisions from using personnel or financial resources to enforce, administer, or cooperate with the Mexican wolf reintroduction program, drew opposition from Sierra Club and Humane World for Animals/Animal Defense League of Arizona, who argued it would hinder wolf recovery and undercut science-based wildlife management. The committee nevertheless gave HB 2787 a do-pass recommendation by a 4-3 vote.
The committee then considered HB 2055 on a Brackish Groundwater Recovery Program Fund and HB 2782 on disclosure requirements for regulatory assets in utility rates. Testimony on HB 2055 raised concerns that brackish groundwater is still groundwater and that pumping it could cause localized impacts, but the bill initially received a do-pass recommendation before a later vote failed on reconsideration. HB 2782 prompted discussion about Corporation Commission authority and utility regulation, but it ultimately received a do-pass recommendation. The committee also heard HB 2781, a solar energy decommissioning and financial assurance bill, with testimony from environmental groups, industry representatives, and a local official; an amendment by Senator Sundareshan to strengthen financial assurance and remove the remediation fund failed, and the underlying bill also failed on a tied 4-4 vote.
Later, the committee approved HB 2975, which would suspend use of solar scoring maps on state trust lands and require new mining and housing scoring maps, despite opposition from environmental groups and neutral comments from the State Land Department that the solar map is only a guidance tool. HB 2696, as amended, passed after the committee adopted amendments shifting the Arizona Commerce Authority’s fuel-price mandate and creating a fuel resiliency task force; testimony focused on fuel supply, pipeline capacity, refinery access, and whether the ACA was the right agency to lead the effort. The committee also passed HCM 2009 urging Congress to require legislative approval for new national monuments and to streamline mining and land-swap processes, and HB 2889, which funds ADEQ monitoring of uranium contamination and creates a statewide registry and tribal partnership program.
Finally, the committee approved HB 2763, which would require legislative approval before the Arizona Game and Fish Commission could close a shooting range. Supporters said it was meant to protect facilities like Ben Avery and preserve safe shooting locations, while opponents argued the bill was unnecessary because existing review steps already exist and there was no imminent closure threat. The committee also heard testimony on the bill from Game and Fish, which said the measure would add another layer to an already extensive closure process and that the department was neutral on the proposal.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Oct 14th, 2025
Transcript Highlights:
- So we are pulling Marine Corps personnel from reserves, as well as Army personnel from Fort Bliss, Texas
- the Oil and Gas Division, and I would like to know how many full-time employees there are in that component
- funding up front so these projects can get done, because some of the small tribes don't have the reserves
- reimbursement has really impacted not only tribes but small municipalities around the state that don't have reserves
TX
Transcript Highlights:
- here from the Higher Ed Coordinating Board to answer any questions. questions and I respectfully reserve
- for representative Davis all right let's go straight to testimony and manual or reserve your right to
- We urge members of the committee to reject this bill and... ...reserve current law that reflects our
- right now because of Congress and so that's why I'm feeling I'm failing to see the Texas enforcement component
Bills:
HB232
Keywords:
disaster recovery, natural disaster, weather disaster, emergency relief, flood relief, hurricane relief, storm damage, wildfire, tornado, hail, windstorm, extreme heat, ice storm, snowstorm, property damage, personal injury, temporary housing, relocation assistance, lost wages, state emergency management
CA
California 2025-2026 Regular Session
Assembly Higher Education Committee Apr 29th, 2025
Transcript Highlights:
- Summer Al reserved to close, please.
- I have some reservations about encouraging or setting the expectation that somehow the bachelor's degree
- I acknowledge that there's more work needs to be done on the pension obligations component, which we're
- As we prepare, should this bill move forward to the floor, at that time is when I can reserve my right
Summary:
The Assembly Higher Education Committee heard a series of bills focused on expanding access to higher education, addressing workforce shortages, student housing, and labor standards on campus projects. AB 662 would create a South County Higher Education Task Force to explore a mixed-use, intersegmental institution in Chula Vista; supporters said South San Diego County is a “college desert,” while the bill passed on a due pass as amended motion to Appropriations. AB 885 would establish a College Access for All Fund to help make CSU and UC attendance more affordable; supporters cited student debt and affordability concerns, and it also passed to Appropriations. AB 730 would provide $15 million to help establish a medical school in the Central Valley to address physician shortages, and it advanced on a due pass motion. AB 1400 would let up to 15 community college districts pilot bachelor’s degrees in nursing; supporters argued it would expand affordable BSN access and keep students local, while CSU, UC, and other higher education groups opposed it as unnecessary and inconsistent with the master plan. The bill passed to Appropriations, with members raising questions about clinical placements, faculty shortages, and possible effects on associate-degree programs.
The committee also considered AB 1235, which would require CSU design-build projects to use a skilled and trained workforce, aligning CSU with other public higher education construction standards. Supporters said it would improve safety, training, and local job opportunities, and the bill passed to Appropriations. AB 1247 would restrict contracting out of classified school and community college jobs unless workers meet training and qualification standards and would address pension and training concerns; supporters said it would protect students and classified employees, while school and college groups warned it would disrupt services and add unfunded mandates. The bill passed to Appropriations with one no vote. AB 1470, presented on behalf of Assemblymember Haney, would allow a portion of student housing revolving loan funds to be used for affordable student, faculty, and staff housing in downtown and commercial districts; it was discussed as a housing and downtown revitalization measure, but the committee held off on a motion pending more members. ACA 3, also on behalf of Haney, would require UC to offer limited down payment loans to eligible long-term support staff first-time homebuyers; it drew extensive support from UC workers and unions, while UC and business groups opposed it as costly and outside UC’s mission, and the measure was still under discussion at the end of the transcript.
MN
Minnesota 2025 1st Special Session
House Veterans and Military Affairs Division 4/9/25
Veterans and Military Affairs Division
TX
Transcript Highlights:
- I reserve the right clothes Thank You chair button any questions right if there are no further questions
- Chairman members I reserve the right to close and will defer to witnesses speak for the bill.
- Vice Chair and members, and I respectfully reserve the right to close.
- Shifting some of the sales tax dollars. out of Carrollton, and if we take the dark component of that,
Keywords:
sales tax, use tax, local tax, municipal tax, county tax, tax sourcing, place of business, principal business location, small business, retailer, marketplace seller, economic development agreement, Chapter 321, Chapter 323, Tax Code, Texas Comptroller, local sales and use tax, tax jurisdiction, order consummation, ship-to location
HI
Hawaii 2025 Regular Session
JHA Info Briefing - Wed Jan 29, 2025 @ 2:00 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- but also businesses here in Hawaii but also social<00:08:11.120>
Equity <00:08:11.520>components - /c><00:08:12.000>
that <00:08:12.159>allow <00:08:12.440>for social Equity components - that allow for social Equity components that allow for disadvantaged<00:08:13.400>
people <00: - There's also licenses that can be reserved for social equity applicants, and social equity grants can
- there's also licenses can be reserved there's also licenses can be reserved for<01:00:29.119>
MN
Transcript Highlights:
- <02:32:49.479>
of <02:32:49.640>it committee are there any components of it committee - That being said, I reserve the right to disagree with some of the representations that are made.
- That being said, I reserve the right to disagree with some of the representations that are made.
- That being said, I reserve the right to disagree with some of the representations that are made.
- That being said, I reserve the right to disagree with some of the representations that are made.
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/24/2025)
Transcript Highlights:
- We're not going to vote on that yet today because we're still figuring out the lottery component of all
- And this would then reduce that to the general fund component of that to $75 million, $76 million, I
- of that to to the general fund component of that to $75<02:03:59.840>
million, <02:04:00.480>< - But I would just like to say that I do think there is an educational component that should be involved
- think there is an educational component think there is an educational component that<04:13:59.199
Summary:
The committee met with Lottery Director Charlie McIntyre and Charitable Gaming Chief Compliance Officer Kulie Aoyo to review proposed changes in HB 2 and related amendments affecting video lottery terminals, historic horse racing, charitable gaming, and scratch tickets. McIntyre said the late-arriving amendment made revenue estimates difficult, especially because the bill would allow operators to decide when to convert from HHR to VLTs and would change the floor-space rules. He explained that the existing 70/30 floor-space split between machines and table games was negotiated to protect charity revenue, and warned that moving to a 90/10 split could reduce charity revenue, potentially by as much as $17 million, while also changing the character of the facilities. Committee members discussed whether to keep the 70/30 split, and McIntyre said he could provide updated estimates later that day, including net impacts after any offsetting gains or losses under current law.
Members also asked about the governor’s proposed operator share versus the Sweeney amendment’s higher operator share. McIntyre said the governor’s 45% figure was based on his own estimate and on comparable rates in other states, and he supported it as a way to maximize revenue for the state and charities. He also described a change to high-stakes tournaments: after speaking with Rep. Sweeney, he said the amendment was clarified to apply only to those tournaments and would lower the house take from 10% to 5% to encourage participation in rare, high-buy-in events. The committee also discussed a separate proposal to raise the maximum scratch ticket price from $30 to $50; McIntyre said the change would take time to implement, would likely increase net state revenue by about $1 million in year two, and was consistent with pricing in neighboring states such as Massachusetts and Connecticut.
Additional questions covered sports betting and a separate Kino-related estimate. McIntyre said March Madness is the busiest period for sports betting and that the state’s sports betting revenue has exceeded initial expectations. He also said he had estimated that removing a municipal-vote restriction for Kino could cost about $12 million total, with $2 million in the first year and $10 million thereafter. No formal votes were taken during the discussion; the chair indicated the committee would revisit the VLT amendment and other sections later, and McIntyre agreed to send updated revenue estimates to committee members.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (04/16/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- Despite my deep reservations around assessments, I'm not in opposition to this bill.
- <05:16:45.000>
around despite my deep deep reservations around despite my deep deep reservations - Each component of the model is based on clinical oversight.
- Each component of the model is based on clinical oversight.
- Each component of the model is based on clinical oversight.
HI
Transcript Highlights:
- Any voting with reservations? present. Any voting with reservations?
- Any voting with reservations?
- Uh yes, reservations? Any no votes? One.
- Any voting with reservations?
- reservations? Any no holds? Uh Mr. reservations? Any no holds? Uh Mr.
Bills:
SB2982, SB2367, SB2818, SB2944, SB2022, SB2240, SB2986, SB2547, SB2401, SB3031, SB3035, SB3032
Keywords:
foreign influence, campaign finance, contributions, state elections, transparency, election integrity, Ala Wai Small Boat Harbor, Ala Wai Harbor, DLNR, BLNR, Department of Land and Natural Resources, Board of Land and Natural Resources, state boating facility, small boat harbor, public-private partnership, PPP, marina management, harbor lease, fast lands, submerged lands
Summary:
The committee heard testimony on several measures, beginning with SB 2982 on campaign finance, which would prohibit foreign entities and foreign-influence businesses from making contributions and expenditures. The Attorney General’s office testified first, followed by the Campaign Spending Commission, which supported the bill but asked for clarification on constitutional review authority and additional implementation time for certifications, forms, and procedures. Common Cause also supported the measure, arguing it would help protect elections from dark money and foreign influence. No vote was taken.
The committee then took up SB 2367 on a state boating facilities lease program for the Ala Wai small boat harbor. DLNR supported the bill, while UPW opposed it, warning about privatization of a public asset and possible job displacement. Several members of the public supported the concept but urged amendments to protect public access, affordability, youth ocean programs, and state employee jobs. Committee members questioned DLNR about the scope of the lease, the role of the Board of Land and Natural Resources, and whether public access and existing concessions would remain protected. DLNR said current leases would remain, the board would retain approval authority, and employees would not necessarily be displaced, but members indicated more discussion and possible amendments were needed.
For SB 2818 on boating penalties, DLNR testified in support and there was no opposition testimony. The committee also heard SB 2944 on conservation, which would require wildlife viewing guidelines that substantially conform to NOAA guidance and reporting requirements; DLNR said it stood on its written testimony. SB 2022 on water code penalties drew support from DLNR’s Commission on Water Resource Management, which said the bill’s two-tiered penalty structure would preserve deterrence while keeping the current $5,000 penalty for first-time or non-harmful violations. The Board of Water Supply submitted comments, and Ulupono Initiative supported the measure as a needed enforcement tool. Committee members discussed whether the higher penalty ceiling should be phased in and asked for stakeholder input on the amount of the penalties.
Finally, the committee began SB 2240 on land use, which would require water availability certification from the Commission on Water Resource Management before a district boundary amendment proceeds to the Land Use Commission. DLNR supported the bill and said it often reviews project documents that lack sufficient information on water needs and availability, so the measure would allow earlier review and comment. The committee also indicated it would seek amendments and further feedback on the water penalty bill before it moved to the next committee.
AL
Transcript Highlights:
- Reservation and renovation of properties of historic significance; facades of properties; demolition,
- <03:34:36.319>
Reservation structures or and fixtures. - Reservation structures or and fixtures.
- Reservation of<03:34:37.359>
and <03:34:37.680>renovation <03:34:38.239>of <03:34 - provided, however, that equalized taxable property located within the boundaries of a military reservation
Summary:
The meeting included a Senate recognition ceremony honoring the Winona High School boys basketball team for winning the 2026 Alabama High School Athletic Association 5A state championship. A resolution was read commending the team for its 101-40 victory over Silicag, noting the team’s record-setting performance, Brendan Davis’s MVP honor, the contributions of other players, and Coach Cedric Lane’s leadership. Senators and the lieutenant governor praised the players’ sportsmanship, the school community, and the team’s historic season, and copies of the resolution were presented to the team, coaches, and administrators. Several guests and school representatives also spoke briefly, including the coach and principal, who thanked the Senate and noted the team’s success and the principal’s retirement after 35 years.
After the recognition, the Senate returned to session and adopted the Committee on Rules report setting the special order calendar. The calendar included Senate Bill 99 on the Ten Commandments, Senate Bill 298 on Class 3 municipalities, House Bill 381 on camp safety, Senate Bill 370 on tax increment districts, Senate Bill 363 on the Department of Economic and Community Affairs, House Bill 466 on firefighters, House Bill 95 on elections, House Bill 259 on stablecoin, and Senate Bill 342 on education.
The chamber then took up SB 99, sponsored by Senators Kelly and Sessions. Senator Kelly described the bill as requiring local school boards to display the Ten Commandments, together with founding documents such as the Declaration of Independence, Constitution, Bill of Rights, and Alabama Constitution preamble, in certain history classrooms and common areas for grades five through 12, using donated displays and funds when available. He said the bill was intended as a historical and educational measure, not religious instruction, and emphasized the inclusion of a disclaimer stating Alabama is not establishing a religion. After extended debate and a petition to close debate from the Rules Committee, the Senate voted on the bill by long roll and passed SB 99, with the recorded vote announced as 30 yeas and 4 nays.
WY
Transcript Highlights:
- occurring on the campus space reserved occurring on the campus space reserved for<00:19:04.880><
- But one reservation I have about this legislation is the ability to jump straight to a lawsuit.
- But one reservation I have about this legislation is the ability to jump straight to a lawsuit.
- But one reservation I have about this legislation is the ability to jump straight to a lawsuit.
- There are time, place, and manner components to that.
Bills:
HB0159
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 9, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- reserve her time? reserve her time? >> I<03:52:57.600>
reserve. - >> Reserves. >> Reserves. >> Reserves.
- >> Reserves. >> Reserves. >> Reserves.
- Gentleman reserves. >> Gentleman reserves. Gentleman reserves.
- Speaker, I reserve. >> Gentleman reserves. >> Gentle lady from Ohio. >> I reserve. >> Reserves. >> Mr
NH
Transcript Highlights:
- to something like camping, reserving to something like camping, reserving camping<00:17:16.000><
- I have three other questions here on liquidity and reserves.
- I have three other questions here on liquidity and reserves.
- ,<01:11:32.400>
the about maintaining strong reserves, the about maintaining strong reserves - Reserve<01:38:46.920>
pool? Reserve pool? Reserve pool?
FL
Florida 2026 5th Special Session
FL House Floor Session - 2025-06-16 (7:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- This budget maintains significant planned reserves of over $12 billion, including $7 billion in unallocated
- A key component of our original House budget was reducing revenues and spending.
- Reserves or carry forward balances from previous years' operational and programmatic appropriations,
- or other available reserves or balances from funds not appropriated from the General Revenue Fund, in
- Chair McClure, my question is about the, if we allow the Board of Trustees to use or to expend our reserves
Summary:
The House met on the final day of session, swore in Representatives Boyles and Hodgers, and observed a moment of silence for the Minnesota House Speaker Melissa Hortman and her husband, as well as for Representative Rosenwald’s father. The chamber then moved into final budget work, with leaders outlining the plan to take up H.J.R. 5019, HB 7031, HB 5017, HB 5015, and then the general appropriations act once the Senate transmitted it. H.J.R. 5019, a proposed constitutional amendment to expand the budget stabilization fund, was explained and amended to raise the rainy day fund cap, require annual deposits, and allow withdrawals for critical state needs by a two-thirds vote; it passed 100-1.
The House then adopted the conference report on HB 7031, the tax package. The bill repeals the business rent tax and aviation fuel tax, delays the natural gas fuel tax, creates or expands several sales tax holidays and exemptions, including permanent exemptions for disaster-preparedness items, hunting/fishing/camping items, and ammunition and firearms-related purchases, and makes changes to property, corporate income, local tax, and economic development provisions. Members debated the removal of recurring housing trust fund and transit-related revenue streams, the new ammunition exemption, and the data center tax changes; supporters argued the package reduces taxes and preserves annual budget flexibility, while opponents raised concerns about housing, transportation, and gun violence. The conference report passed 93-7.
HB 5017, creating a debt reduction program funded by a recurring transfer to retire state bonds early, passed unanimously. HB 5015, the state group insurance conforming bill, which directs DMS to develop a formulary management plan and codifies the administrative health insurance assessment, also passed. The House then began explanation and questions on the fiscal year 2025-26 general appropriations act, described as a $115.1 billion budget that is down $3.8 billion from the current year and includes more than $12 billion in reserves. Subcommittee chairs summarized major spending areas, including pre-K-12 funding increases, health care funding for Medicaid, KidCare, nursing homes, opioid treatment, and mental health, transportation and economic development funding, environmental and water projects, higher education, state administration, justice, and information technology. Questions focused on school vouchers, inflationary pressures on school districts, and the adequacy of funding for housing, transportation, and other priorities.