Transcript Highlights:

• The lender essentially are the bond investors, and so we are, in a way, the LLC that we... structured
• 01:00:38.000> essentially<01:00:38.440> are<01:00:38.640> the<01:00:38.799> bond
• and the lender essentially are the bond and the lender essentially are the bond in<01:00:39.520>
• Well, we have a big bond thing to pay off. That's correct; that's factual.

Keywords: 912, senate, all

Summary: The meeting covered several Senate resolutions related to the University of Hawaiʻi system, the East-West Center, and related education and workforce issues. On SCR 178 and SR 48, testifiers strongly supported the East-West Center, describing it as an important Hawaii asset that promotes cultural exchange, global citizenship, diplomacy, and ties to the University of Hawaiʻi. Speakers said the Center has helped train leaders and bring international connections and investment to Hawaii, and they urged continued funding despite federal cuts. The chairs then recommended passage with technical amendments, and both resolutions were adopted by the committees. The committee also heard testimony on resolutions calling for audits of University of Hawaiʻi operations. On SR 32 and SCR 50, the University of Hawaiʻi said it supported the resolution and had already begun work on establishing a Bachelor of Science in nursing at the UH Maui campus, with additional staff available on Zoom to answer questions. On SR 160 and SCR 142, which sought a financial and performance audit of UH Mānoa facilities, UH Athletics said it already undergoes annual financial audits required by NCAA bylaws but not performance audits, and discussed its internal evaluations, contingency planning, and efforts to address concerns raised by student athletes and staff. The committee then took up SCR 138 and SR 55, requesting a management and performance audit of the UH Office of the Vice President for Academic Strategy. Vice President Deborah Halbert and P20 Director Steve Shotz said they did not oppose the audit and believed it could provide clarity, while explaining that the office is relatively new and works collaboratively across campuses on articulation, transfer, grants, and workforce alignment. They described grant programs including Perkins, GEAR UP, preschool development, and data-sharing efforts, and said they are focusing more resources on teaching, health care, and skilled trades. The discussion also touched on SR 54, a proposed performance audit of the UH Foundation, where foundation representatives said they already undergo annual financial audits, acknowledged some donor communication issues, but emphasized improved stewardship and growth in fundraising over recent years.

Transcript Highlights:

• As has happened for bond elections recently.
• And ensure hold harmless language for our bond projects.
• So the large urban districts all of which currently process possess outstanding bonds can fulfill their
• commitments to taxpayers by delivering bond work promptly and with within budget without needing to
• And so when you think about. maintain AAA bond rating.

Bills: HB2, HB2

Keywords: public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, disaster preparedness, emergency management, flooding, mass fatality, mass casualty, fatality tracking, body recovery, autopsy, justice of the peace

Transcript Highlights:

• Senate Bill 387 is a bill that amends bond requirements for certain judges.

Keywords: 1185, senate, all

Transcript Highlights:

• Senator Zafarini's bill about bond requirements for certain judges. Senate Bill 387.

Transcript Highlights:

• Or, for example, what if you had to, you know, facilitate a $1 billion bond?
• you know, facilitate a $1 billion bond? you know, facilitate a $1 billion bond?
• those funds and then<01:15:13.640> fractionalize<01:15:14.320> that<01:15:14.520> bond
• ><01:15:15.120> as<01:15:15.280> far<01:15:15.440> as then fractionalize that bond
• as far as then fractionalize that bond as far as ownership<01:15:16.040> and<01:15:16.120>

Keywords: 1189, house, all

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.

Transcript Highlights:

• opens the door to alternative<02:48:47.279> forms<02:48:47.600> of<02:48:47.760> bonding
• <02:48:48.240> We<02:48:48.479> don't alternative forms of bonding.
• We don't alternative forms of bonding.
• <03:06:02.240> I<03:06:02.399> just people who are doing the bonding.
• I just people who are doing the bonding. I just don't<03:06:02.800> get<03:06:02.880> it.

Keywords: 1189, house, all

Transcript Highlights:

• Senate 2625, an act providing for the issuance of revenue bonds for the construction and reconstruction

Keywords: 995, all

Summary: The House took up a series of Rules Committee reports and adopted multiple orders extending committee reporting deadlines. These included extensions for the Education Committee, Public Safety and Homeland Security Committee, Public Service Committee, and Revenue Committee, as well as an order setting March 31, 2026, as the date for a special election to fill the 5th Essex District vacancy. The House also suspended Joint Rule 12 to allow a joint petition concerning survivors and holders of abuse or harassment prevention orders to go to the Judiciary Committee. The Steering, Policy and Scheduling Committee reported several bills for consideration, and the House suspended Rule 7A to advance them. Those bills included a Senate bill amending the charter of the town of Sandwich, a House bill on dark money in local government, a bill on police certification, and a bill providing for recall elections in Dalton. All were ordered to third reading. The House then approved several measures on final passage, including a sick leave bank for Amy Tangway, removal of the residency requirement for the Dalton town manager, and a revenue bond bill for telecommunications facilities in Quincy. On third reading, the House passed several local and special bills to engrossment, including Tuskegee Airmen Commemoration Day, changes to the police chief appointment process in Fall River, amendments to the Arlington town manager act, and a Bridgewater town manager appointment bill. Senate Bill 2716 on the Rockland charter was amended with text from House Document 4866 and then passed to engrossment. The House later enacted the Amy Tangway sick leave bank bill again after a recess, adopted an order to meet the following Monday at 11 a.m., and adjourned to that informal session.

Transcript Highlights:

• authorizes the New York Climate Exchange to issue This bill authorizes the New Climate Exchange to issue bonds

Keywords: 993, senate, all

Summary: The Corporations, Authorities and Commissions Committee met on February 10 and considered five bills. Senator Claire’s SB 2458 would set a six-year limit on challenges to New York City water board fees, rates, rents, and other service charges, and it was moved and reported to the floor. SB 2555, also by Senator Claire, would require explanatory statements for property disposals to identify all beneficial owners and be made publicly available; it was also passed and reported to the floor. The committee then approved SB 6017 by Senator Baskin, the Food Retail Establishment Subsidy for Healthy Communities Act, which would provide loans, guarantees, interest subsidies, and grants to support food retail in underserved areas. Members noted the need for better food access in underserved communities. The committee also took up SB 6165 by Senator Skoufis, which would extend open meetings and FOIL requirements to certain local development corporations and related not-for-profit entities; there was some discussion about how these entities are used by municipalities, and the bill was reported to the floor. Finally, the committee approved SB 8839 by Senator Garnardt, authorizing the Dormitory Authority to provide financing for the New York Climate Exchange’s construction and facilities. All five bills were advanced, with no recorded opposition, and the meeting adjourned after the last bill was reported.

Transcript Highlights:

• It pays for the bonding of our fund 30 capital projects, or the projects that get approved in HB 25.
• here depends really on Treasury bonding here depends really on Treasury bonding and<01:11:46.800
• And those were three bond series, the first one being in 2009.
• It's out there, but I can get you a better answer. payments for the um for the bonds that payments for
• <02:52:22.040> series<02:52:22.840> uh um and those were three bond series uh um and

Keywords: 928, house, all

Summary: The committee met with New Hampshire DOT Commissioner Bill Cass and Finance Director Danielle Shandra to review the agency’s FY 2026 budget. Cass gave a high-level overview of DOT’s mission, organization, funding structure, and staffing trends, noting the agency has about 650 employees across five divisions. He said the Governor’s recommended FY 2026 budget totals $95.99 million, essentially flat from FY 2025, with funding primarily from Turnpike funds, Highway funds, federal sources, and a small General Fund share for non-highway units. Members asked about how Turnpike and Highway funds are treated in state accounting, and DOT explained that while they are enterprise funds restricted to their purposes, they are considered unrestricted from the statewide perspective and are appropriated through the budget process. A major topic was staffing and budget targets. DOT said its full-time staffing level has remained relatively flat since 2014 even as vehicle miles traveled increased and vacancies rose. To meet budget targets, the department unfunded seven permanent positions and nine temporary full-time positions, and later noted additional reductions in Finance, including the elimination of two full-time positions, reduced print shop equipment purchases, and deeper cuts to overtime, temporary help, equipment, and supplies in FY 2027. DOT also explained that it shifted funding for one unmanned aerial system position from General Funds to Highway Funds, saying the change was workable because the position supports highway-related work and federal-aid-eligible activities. Members asked for clarification on the state transit operating match, and DOT explained that the Legislature had previously provided about $1.8 million annually in General Funds to help local transit agencies meet federal match requirements, but that funding was not included in this budget. DOT said that could reduce the ability to draw down some federal transit funds, though the impact may not be immediate because those funds can be used over several years. The department also described its unmanned aerial system program, saying it has been used for about five years for mapping, survey work, construction oversight, and storm damage assessment, and that it now has about five drones and two full-time positions supporting the program. DOT said it is expanding cross-training so more employees can operate drones without adding positions. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• Bestow on us, divided though we may be, the unity of your spirit, through the bond of peace.

Keywords: U.S. House of Representatives Floor Proceedings on Monday, January 20, 2025, 1012, house, all

Transcript Highlights:

• would point to the ENCOIL Model Act, which would instead require every company submit a $50,000 surety bond
• Primates, just like human children, Primates, just like human children, form vital emotional bonds with
• their mothers, and when those bonds are broken prematurely, these infants experience profound and irreversible
• a practicing pediatrician in the Commonwealth for over 35 years, and I don't have to speak to the bond

Keywords: 995, all

Summary: The Joint Committee on the Judiciary held a lengthy public hearing on a wide range of civil actions, labor, consumer protection, and animal welfare bills. Chair Lydia Edwards and Representative Michael Day opened with strict testimony rules and time limits, then heard from legislators and advocates on measures including animal-abuser pet ownership bans (S. 1207/H. 1914), a name-change privacy bill (S. 1045/H. 1973), tort claims reform (H. 1724), law enforcement council coverage under the Tort Claims Act (S. 1199), civil rights and qualified immunity-related proposals (H. 1641), employee free speech/captive audience restrictions (S. 1078/H. 1653), consumer protection and civil rights jurisdiction expansion (S. 1041), private right of action for wage theft (H. 1916), gun-owner liability insurance (H. 1836), pseudoephedrine sales tracking (S. 1243/H. 1581), prepaid legal services plans (H. 1612), structured settlement protections (H. 1863), third-party litigation financing disclosure (H. 1861), antitrust reform for small businesses and workers (S. 1038/H. 1982), legal notices in online-only newspapers (S. 1279/H. 1632), and several animal cruelty and protection bills including H. 1938, H. 1949, S. 1277/H. 1934, and H. 1764. Testimony was largely supportive from bill sponsors and advocacy groups, with repeated themes of protecting vulnerable people and animals, improving access to justice, and updating outdated laws. Supporters of the animal bills argued for stronger possession bans, broader cruelty citations, and civil removal tools to prevent repeat abuse; opponents or conditional supporters raised due process and enforcement concerns, especially around warrantless seizures and requiring retail or shelter staff to check registries. On the labor and consumer side, supporters said the antitrust bill would curb monopoly power and help small businesses and workers, while opponents warned it could destabilize competition and burden successful firms. The employee free speech bill was backed as a response to captive audience meetings, and the wage-theft bill was presented as a way to let workers or organizations pursue claims when individual employees are afraid to come forward. Several public officials and association representatives testified on the law enforcement and civil rights bills. Chiefs of police supported adding law enforcement councils to the Tort Claims Act, saying it would close a liability gap for regional mutual-aid collaborations. But police representatives opposed changes to the Massachusetts Civil Rights Act and qualified immunity-related provisions, arguing the federal system already provides a workable forum and that expanding liability could increase costs, reduce morale, and worsen recruitment and retention. On the consumer/civil rights bill, Senator Collins and a veteran described an out-of-state assault case that they said showed the need for Massachusetts to let residents seek redress at home when rights are violated elsewhere. No votes or formal committee actions were taken during the hearing itself; the committee mainly received testimony and questions. Several witnesses indicated they had submitted written testimony or proposed amendments, and some bills drew requests for favorable reports while others were explicitly opposed unless amended.

Transcript Highlights:

• House Bill 2320, relating to Title 15, Chapter 7, Article 5, Sections 54-99, relating to school bond
• advisor before calling an election only applies to elections related to the issuance of school district bonds
• The issuance of school district bonds.
• compensation from the school district only if the voters authorize the issuance of the school district bonds

Keywords: 1182, all

Transcript Highlights:

• House Bill 2320, relating to Title 15, Article 5, school bond elections, and related provisions.
• advisor before calling an election only applies to elections related to the issuance of school district bonds
• compensation from the school district only if the voters authorize the issuance of the school district bonds
• in the election for which the independent municipal advisor provides advice. ...school district bonds

Summary: The meeting began with prayer, the Pledge of Allegiance, attendance, and a guest introduction for Deputy Frank Sloop. The Senate then moved through multiple Committee of the Whole calendars, with most measures receiving do-pass recommendations after brief explanations and, in several cases, floor amendments. Topics included public records, capital outlay review, local government, taxation, state budget implementation, higher education appropriations, utility regulation, towing regulation, homeowners association disclosures, nursing board regulation, veteran services, criminal justice, human services, K-12 education, state property management, and the continuation of the Arizona State Board of Nursing. Several bills were amended on the floor before receiving favorable recommendations. House Bill 2114 on motorcycle-related provisions was amended to require that at least one registered owner be legally licensed to operate a motorcycle in Arizona. House Bill 2397 on HOA/condominium disclosures was amended to change disclosure timing and fee rules and make other conforming changes. House Bill 2408 on nursing board regulatory action was amended to remove a clear-and-convincing-evidence burden in disciplinary matters and clarify complaint-sharing procedures. House Bill 2957 on driver’s license/handheld provisions, House Bill 2305 on towing regulation, and House Bill 2321 on DCS-related reporting also received amendments before do-pass recommendations. The largest item was Senate Bill 1847, the 2026-2027 General Appropriations Act. Senators offered extensive floor amendments affecting agriculture, corrections, criminal justice, school safety, law enforcement equipment, vehicle theft task force funding, liquor licensing, and other budget items. During third reading and debate on the budget, Democratic senators praised negotiated gains such as funding for aging services, food assistance, civil legal aid, school meals, heat relief, and a three-year moratorium on new data center tax incentives, while criticizing border-related funding, ESA/voucher policy, and cuts to higher education and adult education. One member’s remarks were ruled dilatory after repeated off-topic comments, and the ruling of the chair was sustained by a 16-12 vote. The transcript ends with additional budget-related explanation of votes continuing after the budget’s third reading.

Transcript Highlights:

• . >> No, the modifications to the allocation of private activity bonds for residential rental projects
• modifications to the allocation of<00:42:37.040> private<00:42:37.360> activity<00:42:37.880> bonds
• <00:42:38.280> for of private activity bonds for of private activity bonds for residential

Keywords: 1187, senate, all

Transcript Highlights:

• There are particular cases where ICE or where the judges said that people needed to be released on bond
• said that people needed to be released said that people needed to be released on<00:04:17.239> bond
• <00:04:17.880> and<00:04:18.320> the on bond and the on bond and the federal<00:04:

Keywords: 1183, house

Transcript Highlights:

• He'd been released on bond from Texas.
• ><01:35:45.920> been<01:35:46.080> released<01:35:46.960> on<01:35:47.280> bond
• He'd been released on bond came here. He'd been released on bond from<01:35:48.480> Texas.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, January 6, 2026, 1012, house, all

Transcript Highlights:

• The bill expands the powers of authorities related to loans, bonds, and other debts used for the purpose
• Right now, we're familiar with the bond schedules.
• If somebody is arrested, oftentimes they get out on bond unless they're accused of a capital offense.
• the crime was committed by that individual, it will become much more difficult for that person to bond

Summary: The Senate opened with prayer, the Pledge of Allegiance, and several recognitions, including remarks from the new Democratic caucus leader, Senator Berman, who emphasized affordability, education, health care, public safety, and opposition to measures he said would roll back child labor protections, book access, and gun safety laws. The chamber also recognized military leaders from U.S. Army Special Operations Command and an intern from Senator Polsky’s office. No committee reports or executive messages were on the desk at the start. The Senate then took up and passed several bills, often after substituting House companions and adopting technical amendments. Among the measures approved were the dangerous dogs bill (the Pam Rock Act), local government land regulation, vessel-related voter freedom/boating provisions, blood clot screening and treatment, fleeing or attempting to elude law enforcement, concealed carry licensing for certain officers and service members, timeshare management firms, disability history and awareness instruction, manufacturing and manufacturing fees, public education on background screening requirements, utility service restrictions, educational opportunities for military children, Medicaid oversight, health facilities authorities, and veterans’ nursing home beds. Several bills were temporarily postponed, including measures on human trafficking, waste management, Bright Futures, Medicaid oversight earlier in the day, mammogram coverage, and others. Debate on the disability history bill was especially extensive, with senators discussing the use of the word “disability,” the role of bias, and whether the bill fit with broader DEI-related policy debates. The bill’s sponsor and supporters framed it as a first step toward helping students understand and respect people with disabilities, and the chamber opened co-sponsorship before substituting the House version. Other bills drew focused questions about local government costs, impact fees, staffing burdens, grant criteria for small manufacturers, and the scope of utility preemption. Most measures passed on strong votes, including several unanimous votes, with the concealed carry/firearms bill passing 33-3 and the local government land regulation bill passing 26-8.

Transcript Highlights:

• The bill expands the powers of authorities related to loans, bonds, and other debts used for the purpose
• Right now, we're familiar with the bond schedules.
• If somebody is arrested, oftentimes they get out on bond, unless they're accused of a capital offense
• the crime was committed by that individual, it will become much more difficult for that person to bond

Summary: The Senate convened with prayer, the Pledge of Allegiance, and several recognitions, including remarks from Senator Berman outlining Democratic priorities such as education, health care, environmental protection, and opposition to rollbacks on child labor, book access, and gun safety. The chamber also recognized military guests and an intern before moving to the special order calendar. Several bills were temporarily postponed, including measures on human trafficking, waste management, Bright Futures, Medicaid oversight at one point in the flow, and mammogram coverage, though the Medicaid oversight bill was later taken up and passed. The Senate passed a series of bills, often after substituting House companions and adopting technical amendments. Among the major measures approved were the dangerous dogs bill (the Pam Rock Act), which tightened penalties and procedures after fatal attacks; a local government land regulation bill that streamlined comp plan review and defined impact-fee circumstances, though members raised concerns about quasi-judicial hearing limits and local costs; a vessel-related bill combining boating safety and voter-freedom provisions; a blood clot screening and treatment bill creating the Emily Adkins Family Protection Act; fleeing and eluding penalties; concealed carry and firearm possession rules for certain officers and service members; timeshare management reforms; and public education on background screening requirements. The chamber also approved bills on disability history and awareness instruction, manufacturing and a related fee bill, utility service restrictions, educational opportunities for military children, health facilities authorities, and veteran and spouse nursing home beds. The disability instruction bill drew extended debate about the use of the term “disability,” inclusion, and whether the measure was consistent with broader DEI debates; it passed unanimously after emotional testimony from the sponsor and families. The manufacturing and utility bills focused on statewide economic policy and preemption of local restrictions, while the military children bill was presented as a student-driven proposal. Most measures passed with strong bipartisan support, with recorded votes ranging from unanimous to 33-3 on the firearm bill and 26-8 on the land regulation bill.

Transcript Highlights:

• The bill expands the powers of authorities related to loans, bonds, and other debts used for the purpose
• Right now, we're familiar with the bond schedules.
• If somebody is arrested, oftentimes they get out on bond, unless they're accused of a capital offense
• the crime was committed by that individual, it will become much more difficult for that person to bond

Summary: The Senate convened with a quorum, prayer, pledge, and several recognitions, including remarks from Senator Berman on Democratic priorities and introductions of military leaders and an intern. The chamber then moved through a long special-order calendar, with many bills substituted to House companions, amended, and passed, while several others were temporarily postponed. Major measures approved included the dangerous dogs/Pam Rock Act (SB 572/HB 593), which tightened penalties and procedures for dog attacks and passed 36-0; local government land regulation (SB 1080), which was amended to remove agricultural enclave language and passed 26-8; vessel/freedom-related legislation (SB 1388/HB 1137), which passed 35-0; blood clot screening and treatment (SB 890/HB 1421), which added registry and training provisions and passed 36-0; fleeing or eluding law enforcement (SB 468/HB 113), which increased offense levels and passed 36-0; concealed carry/licensing for certain officers and service members (SB 490/HB 383), which passed 33-3; timeshare management (SB 496/HB 897), which clarified governance and annual meeting requirements and passed 36-0; background screening education (SB 614/HB 531), which created a public webpage and passed 36-0; utility service restrictions (SB 1002/HB 1137), which preempted local energy-source restrictions and passed 36-0; Medicaid oversight (SB 1060), which created a joint oversight committee and passed 35-0; health facilities authorities (SB 68), amended to make fentanyl urine screening more discretionary, and passed 36-0; and veterans’ nursing home beds (SB 78/HB 797), which authorized veteran- and spouse-designated beds and passed 36-0. The chamber also passed disability history and awareness instruction (SB 540/HB 447), a highly personal bill honoring Evan Hartzell that drew extended debate about disability language, inclusion, and education; it passed 35-0 after 35 co-sponsors were added. Manufacturing policy bills SB 600 and SB 602 were approved after amendments to add reporting, ranking metrics, and fee-use restrictions, both passing 35-0. Educational opportunities for military children (SB 1528) passed 36-0 after testimony from student sponsors and senators praising the bill’s origin. Several other bills, including Medicaid oversight, mammograms, Parkinson’s disease, condominium/cooperative associations, waste management, human trafficking, and Bright Futures, were postponed or not taken up during this segment.

Transcript Highlights:

• rates went up, so the jackpot size is a function of the amount of cash we have on hand multiplied by a bond
• 06:35.400> a of cash we have on hand multiplied by a of cash we have on hand multiplied by a bond
• 36.280> which<00:06:36.360> is<00:06:36.520> interest<00:06:36.800> rate bond
• factor which is interest rate bond factor which is interest rate driven<00:06:37.680> equals<

Keywords: 928, house, all

Summary: The committee heard a budget presentation from New Hampshire Lottery Director Charlie McIntyre and CFO Jim Durus. McIntyre said the Lottery has more than tripled its return to the Education Trust Fund since 2011, from $62 million to $207 million in FY 24, while keeping expenses relatively flat over time. He explained that the Lottery operates like a business, is heavily audited, and that the governor’s budget raises the FY 26-27 revenue estimate to $185 million, up about $12 million annually from prior estimates. He attributed FY 24’s unusually strong results to record Powerball sales driven by a spike in billion-dollar jackpots tied to higher interest rates, and said scratch tickets still make up most gross sales, though Powerball is the highest-margin product. Members questioned the Lottery about the difference between gross revenue and profit, the steep rise in operating expenses, and the reasons for requested budget increases. McIntyre said the main drivers were payroll, benefits, advertising, added regulatory responsibilities from expanded gaming, and a new Salesforce customer-tracking system. He also described requested capital needs, including an outdated security system, building access and ADA improvements, and upgrades to the front office for employee safety. He said the security system is still running on an old Windows 7-based setup and that the requested upgrade would modernize cameras and add redundancy. The discussion also covered staffing and gaming expansion. McIntyre said the Lottery has 84 employees including three commissioners, with 13 funded vacancies, and that it plans to fill positions as two new gaming rooms come online in Rochester and Derry. He said the Lottery’s revenue estimates were revised upward because sports betting in Massachusetts had less impact than expected and historic horse racing machines have been more profitable than forecast. He also explained the governor’s proposal to shift historic horse racing toward slot-style machines, saying the physical machines would look largely the same but the content and math would change, and that the state’s revenue share would increase under the proposal. No votes were taken; the committee mainly asked questions and received explanations about the Lottery’s budget and revenue assumptions.