Transcript Highlights:

• These are methods of finance. There are three items.
• Chair, those are all the methods of finance.
• Members, are there any questions about these methods of finance?
• Chair, those are all the methods of finance.
• Members, are there any questions about these methods of finance?

Summary: The committee heard a series of appropriation requests and contract reviews across multiple sections. In Section B, members approved temporary appropriations for the Court of Appeals, Commerce/Aeronautics, and Insurance-related payments and refunds. Section C ARPA requests from DHS were approved to return unused federal funds. Section D infrastructure-related appropriations, including wildfire preparedness, broadband BEAD funding, forestry support, recycling, and oil and gas sample preservation, were approved after questions about broadband audit controls and performance safeguards. Section E DHS reallocations were approved, including large transfers within Medical Services from hospital medical to private and public nursing home lines, along with smaller transfers for children and family services, developmental disabilities, and youth services; members asked about the source and purpose of the medical services transfer. Sections F and G were reviewed, covering cash fund requests, federal grants, and miscellaneous grants, including community college storm repairs, corrections commissary and maintenance, 911 enhancements, maternal health, disability determinations, state police equipment, digital newspaper archiving, and CDL data improvements. In Section H, the committee reviewed pay plan appropriations and performance fund transfers tied to the new Class and Comp pay plan. Section I reviewed three methods of finance for UA Little Rock, UAMS, and the University of Arkansas system. In Section J, the committee reviewed discretionary grants, including a $1.4 million HIV services grant and nine tobacco prevention subgrants through UAPB. Members questioned the effectiveness, metrics, and addresses of some tobacco-cessation arts-based grantees, especially Arts Absolutely Inc.; after discussion, Representative Kavanaugh moved to expunge the vote on J2 and refer it back for review at a later ALC meeting, and that motion passed. J3, a Department of Energy and Environment grant for propane safety training and e-waste recycling services, was then reviewed. The committee also reviewed contracts in Section K. K-1 ratified emergency management nuclear planning work performed during a transition between agencies. K-2 construction contracts included architectural and engineering services for corrections, National Park College signage, a Razorback Road parking facility, and UAMS cyclotron installation. K-3 intergovernmental contracts covered health, education, autism waiver, stroke, newborn screening, Medicaid evidence review, and radiation testing services. K-4 out-of-state contracts included staffing, IT, tobacco prevention, audit, marketing, planetarium, recruitment, and janitorial services; Senator Irvin noted one contract appeared to belong in the out-of-state list rather than intergovernmental. K-5 in-state contracts covered staffing, cleaning, re-entry and treatment services, foster care and disability services, hearing officers, asbestos abatement, campus IT support, and janitorial work. The meeting ended after a brief personal update from Senator Irvin about tornado damage in Stone County and thanks to members for their concern, followed by adjournment.

Transcript Highlights:

• Senate Finance Committee substitute for Senate Bill 241 codifies New Mexico's child care assistance program
• So who is here would like to comment on Senate Finance Committee substitute for Senate Bill 241.
• I move that Senate Finance Committee substitute for Senate.
• I move the committee adopt or pass Senate Finance Committee substitute for Senate Bill 241 as twice amended
• By a vote of 10 to 7, we have a do pass on Senate Finance Committee substitute for Senate Bill 241 as

Bills: SB132, SB241

Keywords: SB132, DOIT, Department of Information Technology, software replacement, equipment replacement, technology funding, revolving fund, capital equipment, enterprise services, state IT budgeting, software budgeting, amortization, depreciation, State Treasurer, Department of Finance and Administration, New Mexico, information technology, IT infrastructure, fund accounting, legislative appropriation

Transcript Highlights:

• Yeah, it was 25 to nothing in House Finance. I was on line 12, which is part two.
• two different committees have to concur, but I guess if the bottom line is if we're looking at the finance
• c><00:17:20.559> looking<00:17:20.720> at<00:17:20.880> the<00:17:21.120> finance
• <00:17:21.600> part<00:17:21.839> of if we're looking at the finance part of if we're
• looking at the finance part of it,<00:17:22.240> it<00:17:22.480> sounds<00:17:22.720>

Keywords: 928, house, all

Summary: The committee took up Senate Bill 74, which requires agencies to report annually on permits that are significantly delayed. An amendment was offered and adopted to replace the bill’s original permit-by-permit reporting with a summary report by category, including counts of permits taking more than 60, 120, or 180 days and general reasons for delay. The amendment also delayed the first report until April 30, 2027, so agencies would report only on future permitting activity rather than reconstructing past files. Members discussed whether delays caused by incomplete applications or requests for additional information should be included in the reporting categories. The sponsor and others said the bill is intended to measure delays after an application is administratively complete, but that reasons such as waiting on applicant-provided engineering data could still be captured under the summary reasons. Several members praised the amendment as a substantial improvement and said it would produce more useful information with less burden on agencies, while one member said they would support the amendment but not the bill because agencies already face budget constraints. The committee first approved the amendment unanimously by show of hands, then voted 7-1 to report Senate Bill 74 ought to pass as amended, with one member opposed and one absent. Afterward, the committee briefly discussed a separate Senate message on House Bill 67, noting that the Senate version had no additional general-fund cost and that any remaining issues would be handled with the election law committee before concurrence.

Transcript Highlights:

• Standing Committee Report 1517, third reading of House Bill 529, Senate Draft 1, relating to state finances
• 46.000> state 529, Senate draft 1, relating to state 529, Senate draft 1, relating to state finances
• <00:14:48.639> If finances. Is there any discussion? If finances.
• Senator Dela Cruz: This floor amendment is necessary as the Department of Budget and Finance has identified

Keywords: 912, senate, all

Transcript Highlights:

• Um, as Chair Kisha said, I'm the vice chair of the Education Finance Committee, and I actually live this
• So really what happens in school finance is you can put all these monies in cookie jars and you can put
• So really what happens in school finance is you can put all these monies in cookie jars and you can put
• So really what happens in school finance is you can put all these monies in cookie jars and you can put
• So really what happens in school finance is you can put all these monies in cookie jars and you can put

Keywords: 1183, house

Transcript Highlights:

• This bill will be referred to finance.
• Our next bill, and that bill will be referred to finance, is S9084, also by Senator Prasad, and the clerk
• And this bill will be referred to finance.

Keywords: 993, senate, all

Summary: The Women’s Issues Committee met on May 13 at 9:34 a.m. with a quorum present and several members voting by sheet. The committee first considered S-845, which would prohibit drug, cannabis, or alcohol testing and screening of pregnant or postpartum individuals and newborns without informed consent. Supporters emphasized that the bill is about requiring written or oral consent and addressing disproportionate impacts on Black and brown mothers. The bill was reported to the Committee on Alcoholism, with Senator Weik voting no and several members recorded as aye without recommendation or in favor. The committee then advanced several public health measures. S-2121, on education and outreach related to home visiting programs, and a bill directing the Department of Health to create an informational pamphlet about liposcopic power motion surgery technique both moved to first reading. S-3576A, establishing a statewide fibroid study program, was approved and referred to finance. S-8584, requiring two EBT cards for certain WIC households, and S-9084, creating a maternal health monitoring pilot program, were also approved and referred to finance, with Senator Weik recorded as without recommendation on both and one opposition noted on S-9084. The final bill, S-9733, would require maternal mortality review boards to share annual information with New York City and county health departments, including patterns, best practices, and data related to maternal mortality and morbidity. It was approved and referred to health, again with Senator Weik recorded as without recommendation. The meeting ended at 9:49 a.m., and the chair noted another Women’s Issues Committee meeting would be held the following week with bills and a guest speaker.

Transcript Highlights:

• This bill would be referred to the Finance Committee.
• The bill is reported to the Finance Committee. Thank you. In the negative? Without rec.
• The bill is reported to the Finance Committee.

Keywords: 993, senate, all

Summary: The Senate Standing Committee on Insurance met on March 23, 2006, with Senator Jamaal Bailey presiding and several members present, including the ranking member and Senators Skoufis, Addabbo, Harckham, O'Mara, and later Ashby. The committee considered six bills. The first, S.34 (Ritter), relating to elevated lead levels screening, was moved and approved, with Senators Helming and O'Mara recorded without recommendation, and referred to the Finance Committee. The second, S.2648 (D'Avanzo), would require commercial insurance coverage for dental nightguards; members discussed whether it applied to standalone dental plans and who would bear the cost, and the bill was reported to the floor with Senators Helming and O'Mara without recommendation. The committee then approved S.3352 (Bailey), concerning electronic delivery under the Insurance Law and Vehicle and Traffic Law, and S.547 (Bailey), allowing reward or incentive programs for delivery drivers. Both were moved without substantive debate and reported to the floor. S.60122A (Bailey), permitting licensed insurance professionals to carry over up to five hours of continuing education credit between biennial licensing periods, was also approved and reported. The final bill, S.6551A (Bailey), expanding breast cancer screening coverage to include imaging, guide, and biopsies, was approved and referred to the Finance Committee. The meeting concluded after all agenda items were acted on.

Transcript Highlights:

• At rec, the bill is referred to finance. S. 647 is next.
• The bill is referred to finance. Next is S. 3075.
• The bill is referred to finance. Next is S-5396.

Keywords: 993, senate, all

Summary: The Investigations and Government Operations Committee met on March 10, 2026 and considered a series of bills, mostly reported favorably. Measures discussed included S.104, requiring the State Liquor Authority Chair to make quarterly reports; S.333, concerning the description of the state arms; S.384, related to the Public Lands Law; S.647, expanding video conferencing for purely advisory bodies; S.663 and S.3075, both Alcoholic Beverage Control Law bills involving alcohol sales and private label liquor; S.3371 and S.6599, Public Officers Law measures; S.5396, concerning private label wine; S.5827, requiring child-resistant packaging for edible cannabis products; and S.9020A, another Public Officers Law bill. Members also briefly noted the importance of public lands protections and one bill’s relevance to the committee’s prior work on state symbols. Two bills were referred to finance rather than reported: S.625A, dealing with the timing of annual tax elections, and S.3052, establishing a municipal right of first refusal for state land sold at public auction. S.4657A, a legislative law bill concerning the Law Revision Commission, was also referred to finance after being noted as part of the one-house budget resolution. Most other bills were approved with one or more members voting without recommendation, and S.663 received one nay while still being reported.

Transcript Highlights:

• transport, refine, insure, or finance transport, refine, insure, or finance Iranian<03:45:07.720
• against Russian oil used to finance against Russian oil used to finance Putin's<03:47:34.560>
• stop their financing of terrorism. stop their financing of terrorism.
• And where do they get this financing And where do they get this financing from?
• stop the financing of uranium enrichment, to stop the financing of Iran's nuclear ambitions, and to

Keywords: U.S. House of Representatives Floor Proceedings on Monday, March 16, 2026, 1012, house, all

Transcript Highlights:

• The Committee on Finance, Insurance, and Consumer Protection is called to order.
• loans to projects and small businesses throughout the city of Detroit that cannot get traditional financing
• Being no further business, the Senate Committee on Finance, Insurance, and Consumer Protection is now
• Being no further business, the Senate Committee on Finance Insurance and Consumer Protection is now adjourned

Summary: The Senate Committee on Finance, Insurance, and Consumer Protection met with a quorum, adopted the June 17 minutes, and took testimony on several bills. Senate Bill 1053, sponsored by Chair Kavanaugh, would raise the acreage cap for neighborhood enterprise zones from 15% to 20% for certain zones. Supporters from Invest Detroit and the City of Detroit said the change would help make housing and redevelopment projects viable, especially in high-tax areas like Detroit, and the bill was reported to the floor on a 6-2 vote. The committee also heard Senate Bill 988, sponsored by Senator Santana, which would extend from 30 to 35 days the deadline to appeal a denied poverty exemption to the Michigan Tax Tribunal. The sponsor and Detroit’s property assessment director described it as a technical alignment with the Tax Tribunal Act and a correction to conflicting timelines; the bill drew support from the Michigan Poverty Law Program, the Michigan Chamber, and the Tax Tribunal, and was reported unanimously. The committee then adopted S-1 substitutes for Senate Bills 1041, 1042, and 1043, the price-gouging package sponsored by Senators Moss, Chang, and Kavanaugh. Sponsors of the price-gouging bills said the package would strengthen Michigan’s emergency price-gouging protections by defining excessive increases during declared emergencies, covering lodging, essential goods and services, and energy products, and giving the Attorney General clearer enforcement tools. Supporters included the Michigan Restaurant and Lodging Association and the Attorney General’s office, while the Michigan Chamber, Mackinac Center, and NFIB opposed the package. Despite the opposition, all three bills were reported to the floor on 5-3 votes. The meeting adjourned after all reported bills were approved.

Transcript Highlights:

• I actually stumbled upon this in working with a local municipal finance official on ways to expand the
• Actually, my memory—I help him out with stuff, so with his finances, so that's on me—but I...
• exemptions simply because of a lapse in memory actually my memory I I help him out with stuff so with his finances
• so that's on me but I ...help him out with his finances, so that's on me.

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hybrid hearing on 32 bills related to veterans and service members, with opening remarks from Chair Madaro and Senator Eldridge emphasizing the committee’s work on tax credits and property tax relief, including follow-up to the HERO Act of 2024. The chairs outlined hearing procedures, noted the August 23 reporting deadline for House-filed matters, and explained that testimony would focus on issues including voluntary contributions, sales tax, property tax, and economic development. No votes were taken during the hearing. Several bills drew testimony in support of expanding or simplifying veterans’ property tax benefits. Rep. Sylvia supported H. 3255 to raise the veterans’ property tax workoff cap from $1,500 to $2,000, matching the senior workoff program. Rep. Soder and Sen. Moore advocated for stronger property tax relief for disabled veterans, including H. 3245 and S. 2046, with Moore proposing a disability-based exemption and state reimbursement to municipalities. Rep. McGregor supported H. 3175, which would eliminate the need for veterans to refile annually for exemptions unless their status changes, arguing it would reduce burdens on veterans and assessors. Testimony also addressed line-of-duty death benefits and local implementation concerns. Mary Ann Cardi supported H. 3188 to clarify that surviving spouses of police and fire personnel who died in the line of duty qualify for a full real estate exemption. Chris Clark, Senator Sear, and Counselor Ludke all backed the veterans’ workoff bill, describing it as an equity fix that would align the veterans’ program with the senior program and help municipalities like Barnstable use the benefit more effectively. After hearing from all scheduled speakers and confirming no additional in-person testimony, the chairs adjourned the hearing.

Transcript Highlights:

• It's built through the lines of credit, the $574 million, and other means of finance.
• bill will now leave this committee, assuming it’s reported favorable, and then be recommitted to Finance
• And we anticipate that this bill will be in Finance on Thursday. And then...
• I anticipate that this bill will be in Finance on Thursday and then, after that, the bill will be able

Bills: HB2, HB3, HB799, HB1039

Keywords: capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, boiler safety, inspection, licensing, state fire marshal, operating certificate, regulations, local sales tax, local use tax, sales and use tax, tax audit, local collector

Transcript Highlights:

• So, ladies and gentlemen, this meeting of the Finance Advisory Committee is hereby called to order.
• But, like I said, the finance ones, the finance applications, are generally tied to the operating budget
• It does all the retiree payrolls, and then on the finance side, you know, it does all the purchasing,

Keywords: 962, all

Summary: The Finance Advisory Committee approved the minutes of its April 2 meeting and then took up three budget transfers. The first, FAC 2026-6 for the Office of the State Treasurer, moved $75,000 from personal services to other expenses to pay for consultant help applying for federal energy credits under the Inflation Reduction Act’s direct pay provisions. Treasurer’s office staff said the agency had one open position and several others pending posting, and members discussed how the transfer related to vacant positions and the committee’s budget display. The second item, FAC 2026-7 for the Office of the State Controller, transferred $700,000 from personal services to other expenses to cover higher Core-CT software maintenance and licensing costs. Comptroller staff said the office had 21 open positions, most in Core-CT, and explained that the system, implemented in 2003, receives regular quarterly and monthly updates from Oracle. Members also discussed how the system serves payroll, HR, purchasing, accounting, and related functions for many state agencies, including UConn and the Board of Regents. The final item, FAC 2026-8 for the Department of Veterans Affairs, transferred $700,000 from personal services, the veterans opportunity pilot, and headstones accounts to other expenses for year-end operational needs. Commissioner Ron Welch said most vacancies were in the skilled nursing facility, food service, and physical plant, with staffing challenges especially for nurses and aides. He also explained that the veterans opportunity pilot never fully launched, that the Institutional General Welfare Fund has been depleted and the agency now relies more on general fund support, and that the department faces rising food, utility, and pharmaceutical costs, including a federal VA reimbursement change that will leave the state responsible for medication costs by 2027. All three transfers were approved, and the meeting adjourned.

Transcript Highlights:

• on adjournment, and we'll be considering supplemental budget requests from health care policy and finance
• healthc<00:26:35.039> care<00:26:35.279> policy<00:26:35.600> and<00:26:35.840> finance
• healthc care policy and finance. healthc care policy and finance.

Keywords: 981, all

Summary: The Senate convened, established a quorum, and suspended Senate Rule 1B to allow Senator Sullivan’s granddaughter, daughter, and wife to lead the chamber in the Pledge of Allegiance. The Senate then approved the January 26, 2026 journal as corrected and received routine administrative notices, including that several bills and resolutions were correctly engrossed or revised. Members made a series of announcements and personal privilege remarks recognizing guests and upcoming events. The chamber welcomed representatives from Summit Stone Health Partners, who were praised for their behavioral health and crisis services in Northern Colorado, including crisis intervention, detox, outpatient treatment, mobile crisis response, and peer support. Senators also highlighted an upcoming higher education reception, a Forest Health Council breakfast, a State Affairs Committee hearing on Senate Bill 4, and a Colorado Airport Operators Association reception. Additional announcements noted that the Joint Budget Committee would meet on supplemental budget requests from the Department of Health Care Policy and Financing, and that the Joint Health and Human Services Committee would hold its SMART Act hearing after adjournment. Senator Bridges promoted the Great Colorado Payback and National Unclaimed Property Day. The Senate then adopted a motion to recess until 11 a.m. later that day.

Transcript Highlights:

• administration cabinet and other finance administration cabinet and other places.<00:08:44.560> Our
• And the law says, you know, if we still have a liability, then the secretary of finance must ask for
• And the law says, you know, if we still have a liability, then the secretary of finance must ask for
• <00:45:40.560> So uh finances, uh all their facilities.
• So uh finances, uh all their facilities.

Keywords: Meeting Start 00:00:00 Roll Call 00:00:11 Executive Budget 00:00:50, 958, all

Summary: The committee met to hear a presentation from Dr. Hicks on the governor’s recommended budget for the next biennium. He reviewed the revenue outlook, noting modest general fund growth, a large rainy day fund balance, and the impact of recent income tax reductions. He said the budget was built around recurring reductions, lower debt service and retirement contribution rates, and the use of excess restricted funds, while protecting K-12 education, Medicaid, postsecondary education, public safety, and pension obligations. Dr. Hicks outlined several major spending and reserve proposals, including $350 million from the Department of Insurance’s excess restricted funds to support Medicaid in the first year, $150 million for the affordable housing trust fund, $125 million for rural hospitals, $100 million to offset lost federal ACA premium tax credits, $75 million for utility assistance, and $50 million for food assistance. In education, the proposal included a phased pre-K for all plan funded by sports wagering tax revenue, a 3% annual salary increase for full-time school personnel, continued full funding of teacher pensions, a 2.5% annual increase in SEEK base funding, and additional support for career and technical education and school facilities. He also discussed Medicaid cost pressures, including higher managed care, pharmacy, behavioral health, and nursing facility costs, and explained the expected effects of federal HR1 changes on Kentucky’s Medicaid program. Those changes include work and community engagement requirements and more frequent eligibility redeterminations for expansion members, which the administration estimated would reduce enrollment by about 4,300 in the first year and 28,000 in the second year. No votes or formal committee actions were taken during the meeting, which was limited to the budget presentation and member questions.

Transcript Highlights:

• <00:30:51.039> I to move forward to house finance I to move forward to house finance I assume
• This bill, if we decide to go forward with it, with this amendment, is going to go to Finance, and Finance
• <00:36:54.119> and amendment is going to go to finance and amendment is going to go to finance
• to go to house finance and house finance<00:47:14.960> will<00:47:15.960> probably<00:
• <05:14:10.000> it services and carriers is who finance it services and carriers is who finance

Keywords: 928, house, all

Summary: The committee heard testimony on a non-germane amendment to HB 297 that would create the Granite State Home Mitigation and Resiliency Program. Insurance Commissioner DJ Beton, joined by department staff, explained that the proposal is intended to help homeowners afford insurance by funding proactive home improvements that reduce risk and improve insurability. He said the program would be funded by the first $1 million collected annually from the insurance premium tax, with grants of up to $10,000 available on a first-come, first-served basis. Beton described the problem as rising homeowners insurance premiums, hard-market underwriting, nonrenewals, and the resulting shift to more expensive surplus lines coverage. He said eligible projects could include roof fortification, exterior improvements, flood-related foundation work, and removal of hazardous trees or limbs. He cited similar programs in other states, especially Alabama, Louisiana, and North Carolina, as evidence the model can work and noted that industry representatives were present in support. He also said the program would use means testing aligned with the Department of Energy’s weatherization program to target lower-income applicants. Members asked about the non-germane process, who would administer the program, and how the bill would prevent misuse of grant funds. The commissioner said the department would administer the program using one repurposed existing position, with Treasury handling fund flow through an MOU. Staff explained that applicants would have to show completed work through a signed contract, itemized work, and a sworn contractor affidavit, with some upfront payment allowed for materials and the remainder paid after completion. The chair and members discussed that the amendment is being attached to a different bill only to move the proposal through committee and on to House Finance for further consideration.

Transcript Highlights:

• The motion on this one is to report to Senate Finance. Good bill. I'll move it.
• The motion again, that will be reported to Senate Finance.
• Sorry, this one is reported to Senate Finance. Questions? Do I have a motion to move this bill?

Keywords: 993, senate, all

Summary: The Senate Disabilities Committee met on March 31, 2026, with Senator Pat Fahy presiding and a quorum present. The committee considered several bills related to disability services, education, housing, and accessibility. Bills advanced included S.1197, requiring day care facilities to maintain evacuation and block-off plans for children with disabilities during emergencies; S.4042, the Traveling with Dignity Act, which was reported to Senate Finance; S.4845, concerning closure or transfer of state-operated individualized residential alternatives; S.4848, extending the OPWDD Care Demonstration Program; S.4908, creating an innovative housing initiative for people with developmental disabilities; S.5538, expanding early intervention eligibility for infants with elevated venous blood levels; and S.7826, directing school districts to establish parent advisory councils on special education. The committee also discussed S.7792C, which was laid aside for further work with academics and advocacy groups. Most bills were moved by committee members and approved unanimously or without objection. Several measures were reported to the calendar, while others were referred onward, including S.4042 to Senate Finance and S.7826 to Education. The meeting concluded after all listed bills were acted on, and the committee adjourned.

Transcript Highlights:

• from the Committee on Education Policy and re-referred to the Committee on Children and Families Finance
• of the newly rechristened Election and Government Operations Committee versus the State Government Finance
• We're reasonably certain that this is within the discretion of the State Government Finance Committee

Transcript Highlights:

• Uh, I'm here with Deputy Director PJ4, our finance and administration director, Don Sales, Jr., and our
• When we're looking at finances, we actually determined the commission determined that risk is a more
• appropriate measurement for finances and for fiscal matters.
• 23:10.640> we<00:23:10.960> actually looking at finances, uh we actually looking at finances
• <02:05:03.520> to had to work with budget and finance to had to work with budget and finance

Keywords: 910, house, all

Transcript Highlights:

• I was on Ed Finance when we heard the bill, which I totally agree with and I think is wonderful.
• Senate File 3593 to send it to finance instead of rules.
• Senate File 3593 is recommended to pass and referred to finance.
• to finance. to finance.
• . finance. finance.

Keywords: 1187, senate, all