Video & Transcript : 'Treasury Department' :
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NM
Transcript Highlights:
- I'm a long-retired career employee of the Game and Fish Department.
- I'm a long-retired career employee of the Game and Fish Department, and I recently retired as a long-term
- We work very closely with the Department of Game and Fish and with the Wildlife Commission.
- Department of Game and Fish and with the Wildlife Commission, we've seen firsthand the negative that
- In Senate Conservation the other day, we just heard a bill that would provide money to the Department
Committees:
Senate Senate Rules , Senate House Rules & Order Of Business
Keywords:
wildlife commission, removal procedures, malfeasance, appointed officials, governance, education reform, public education, state board of education, superintendent, chartering authority, constitutional amendment, policy setting, insects, insect workshop, insect identification, ecology, monitoring, management, pollinators, pollination
AZ
Arizona 2026 Regular Session
01/27/2026 - House Republican Caucus Calendar #2
Transcript Highlights:
- Treasury and Secretary of State.
- of Treasury and Secretary of State.
- There's two departments that have completed their work.
- It directs, since the FBI has a finding, it directs the Secretary of State, the Department of Treasury
- It directs, since the FBI has a finding, it directs the Secretary of State and the Department of Treasury
Summary:
The meeting covered a long list of House bills, mostly on third-read consent calendars, spanning appropriations, elections, education, public safety, water, taxation, and criminal law. Early discussion focused on HB 2148, which would give the legislature authority to appropriate non-custodial federal funds, described by the sponsor as a transparency measure. Other measures discussed included HB 2091 on insurance-related assessment limits, HB 2122 on reciprocity for BTR-related professions, HB 2138 clarifying firefighter workers’ compensation coverage, and HB 2008 barring public school libraries from using public money to pay library professional associations. HB 2110, removed from consent, would allow school governing body members to pray at meetings, with members noting Supreme Court precedent supporting such prayer.
Several bills addressed school safety and parental rights. HB 2142 would create a School Safety Center at the Arizona Department of Education and allow up to 10% of school safety program funds for administration, with supporters citing an audit and lack of oversight. HB 2249 would expand the Parents’ Bill of Rights to require notice if a school employee facilitates social transitioning of a minor and to provide broader access to educational records, with penalties discussed for violations. HB 2074 would add mandatory reporting for anyone in a medical facility who knows a partial-birth abortion is occurring, and HB 2144 would allow child support calculations to begin during pregnancy based on a confirmed pregnancy test and related DNA testing provisions.
The committee also took up election-related measures. HB 2022 would make permanent changes tied to the federal Electoral Count Act, including moving Arizona’s primary earlier to preserve military and overseas voting access, while keeping petition dates valid and preserving existing deadlines for candidates. HCM 2001 urged federal designation of the Muslim Brotherhood as a foreign terrorist organization, and HCM 2002 supported a separate congressional effort involving CARE and related federal review and designation processes; members debated the distinction between direct designation and a request for federal investigation. HCR 2001 proposed a constitutional amendment to limit voting to U.S. citizens, require government ID to register, prohibit foreign contributions, and end early voting by the Friday before an election.
Water, land use, and tax bills were also reviewed. Measures included HB 2024 on snowpack augmentation as a water supply development project, HB 2029 and HB 2030 tightening how Water Conservation Grant Fund money is used, HB 2053 appropriating $100,000 for updated stormwater recharge mapping, HB 2096 expanding revolving fund uses to address cesspools, HB 2097 capping groundwater withdrawal in irrigation non-expansion areas, and HB 2116 funding potential Colorado River litigation. On the tax side, HB 2016 would remove late-filing penalties when no tax is due, HB 2104 and HB 2105 would protect agricultural property owners from repeated reclassification and require notice of inspections, and HB 2289 would update truth-in-taxation examples to reflect higher home values. The committee also heard bills on criminal penalties and other matters, including HB 2043 on felony murder involving an unborn child, HB 2045 on discharging a weapon near a vehicle, HB 2131 and HB 2132 on weapons trafficking and fentanyl penalties, and HB 2062 authorizing a Buffalo Soldiers memorial in Wesley Bolin Plaza.
OK
Oklahoma 2026 Regular Session
Joint Committee on Pandemic Relief Funding Revised Apr 15th, 2026 at 09:30 am
Joint Committee on Pandemic Relief Funding
Transcript Highlights:
- What really prompted this, This meeting today was a direct result of receiving some Treasury guidance
- Based on the recent guidance from the Treasury, we do have some concerns that the emergency response
- We have two projects with excess funds at the Department of Commerce, and those will be reallocated to
- Then, additionally, like if you see the Department of Commerce numbers.
- There were some things specifically with the Department of Commerce.
DE
Delaware 2025-2026 Regular Session
House Revenue - Finance Committee Meeting Jun 17th, 2026
Transcript Highlights:
- The legislation requires the Department of Finance...
- Is anyone from the department here that can speak to the concern? I don't know. They...
- Does the Department of Finance have time and resources to operationalize this?
- And we, I believe, are now joined by Deputy Secretary Goldsmith from the Department of Finance.
- There were some questions from committee members before she joined the department.
Summary:
The House Revenue and Finance Committee met to consider House Substitute 1 for House Bill 386, which would create a temporary Delaware income tax deduction for qualified tip income from tax years 2027 through 2029. The sponsor described it as relief for service workers in restaurants, salons, and similar tipped occupations, with a deduction of up to $15,000, income-based phaseouts, a refundable credit for lower-income workers, and a sunset for later review. Committee members raised questions about the resident/non-resident language, the fiscal note, and whether the Department of Finance could implement the change; Finance said the department could administer it and expected only modest administrative costs, while the Comptroller’s office said the bill would reduce general revenue. After a brief recess to review updated language, the committee took public comment, but no one testified. A motion to release the bill failed to receive enough votes, and the chair said she would walk it to seek additional signatures.
The committee then considered Senate Bill 219, which would phase in an increase in the military pension income exemption from $12,500 to $25,000 by tax year 2029. The sponsor argued the measure would help attract and retain military retirees, citing economic return estimates, workforce benefits, and support from all 21 Senate co-sponsors. Some members supported the bill as a way to reward service and bring in long-term residents, while others questioned whether the exemption should be income-based rather than available to all military retirees, including those with substantial second careers. The Department of Finance said it could operationalize the bill and that the non-resident language was unnecessary because the subtraction is already picked up in the non-resident code section. Public testimony from veterans’ organizations strongly supported the bill, emphasizing that the exemption can influence retirement decisions and help veterans and their families stay in Delaware. A motion to release the bill also failed to get enough votes, and the chair said she would walk it for signatures before adjourning the meeting.
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Apr 2nd, 2025
Finance and Taxation General Fund
Transcript Highlights:
- the state law enacted before federal law that addresses the same issue would require the Alabama Department
- So, we're going to cause the Department of Human Resources to go through a whole... of Human Resources
- I've done auditing on major systems, from everything from the Department of Labor's Consolidated Data
Committee:
Senate Finance and Taxation General Fund
Keywords:
SB245, public assistance, Medicaid, SNAP, food assistance, Alabama Medicaid Agency, Department of Human Resources, eligibility verification, self-attestation, data matching, fraud prevention, improper payments, program integrity, benefit eligibility, income verification, residency verification, asset verification, electronic benefit transfer, EBT, cross-checks
TX
Committee:
House Agriculture & Livestock
ND
North Dakota 2025-2026 Regular Session
Legislative Audit and Fiscal Review Committee Jun 17th, 2026
Transcript Highlights:
- A lot of it is moving to Department of Labor.
- Department of Treasury expanded the State Small Business Credit Initiative program, or SSBCI.
- And then in October of 2022, the Treasury awarded $58.6 million to the Department of Commerce for SSBCI
- So at the top of page two, Wonder Fund, North Dakota, the Treasury authorized the Department of Commerce
- And then one final award from the Treasury.
Summary:
The committee was called to order, the Pledge of Allegiance and prayer were offered, and the minutes from the previous meeting were approved. Members then received a memo summarizing major audit items and began hearing audit presentations from the State Auditor’s Office and private auditors on a range of state agencies and organizations.
Several audits were reported as clean, including the Bank of North Dakota, the North Dakota Guaranteed Student Loan Program, the Office of the Governor, the Office of the State Treasurer, the Office of Management and Budget, the Department of Transportation’s flexible transportation fund, Lake Region State College, and the Department of Environmental Quality. The North Dakota Stockmen’s Association also received an unmodified opinion, though repeat findings were noted for limited segregation of duties and financial statement preparation due to its small staff. The Council on the Arts audit found two findings: payroll charged to federal awards without adequate timekeeping records, and unallowable expenditures from a restricted cultural endowment fund. The Department of Public Instruction audit identified unsupported scholarship applications in the paraprofessional-to-teacher program, though additional testing showed the funds were used for their intended purpose.
The most extensive discussion centered on the North Dakota Racing Commission audit, which identified four findings: overspending the promotion fund’s 25% operating limit, grant conditions not being met, improper Breeders Fund awards, and improper procurement for advertising services. Racing Commission director Bruce Johnson acknowledged complacency and weak controls, said the agency would tighten procedures, and explained that the commission had since worked with procurement and would follow the rules more closely. Auditors also explained that the commission would now be audited every two years because of the findings. Another major discussion involved the University of North Dakota School of Law, where auditors found a lack of documentation supporting admissions decisions for post-baccalaureate programs. UND officials said they remain in good standing with the American Bar Association but agreed better documentation and tools are needed; the committee pressed for more transparency and follow-up on admissions criteria.
The committee also received an update on Dakota College at Bottineau, where Minot State University reported that bank reconciliations had been brought current after a significant backlog and would now be maintained through shared services. Members requested a written follow-up report on the issues and corrective actions. Finally, the North Dakota Fair Association explained that its foundation has been dissolved and remaining funds were transferred to another nonprofit for continued support of the state fair, and the Department of Public Instruction provided an update on school meal debt, saying the reported amount was about $1.1 million from a partial district survey and that debt remains a local issue, though it could be revisited if school meal funding changes.
KY
Transcript Highlights:
- Montana Department of Revenue. They held that tax credits are not tax expenditures.
- All that the state treasury would receive would be $1,100. Isn't that correct?
- All that the state treasury would receive would be $1,100. Isn't that correct?
- All that the state treasury would receive would be $1,100. Isn't that correct?
- All that the state treasury would receive would be $1,100. Isn't that correct?
Committee:
Senate Education
KY
Kentucky 2025 Regular Session
House Standing Committee on Appropriations and Revenue (3-14-25) - Upon Recess
Transcript Highlights:
- The Department of Revenue shall adhere to the federal deadline for the filing of income tax returns.
- The United States Department of the Treasury has issued multiple notices to Kentuckians detailing the
- The Department of Revenue may accept an extension of time to file a return or report, or an extension
- The United States Department of the Treasury has issued multiple notices to Kentuckians detailing the
- The United States Department of the Treasury has issued multiple notices to Kentuckians detailing the
Summary:
The committee met in special session and took up House Bill 13, a brief measure related to flood relief and tax filing issues. Representative Bojanowski explained that the bill would align Kentucky’s Department of Revenue with the federal deadline for 2024 income tax returns, allowing affected taxpayers and businesses in the FEMA-declared disaster area to extend filing and payment deadlines without penalties, with emergency provisions waiving certain impositions and penalties.
The committee adopted PHS 1 to House Bill 13, then voted on the bill as amended. After no further questions, the roll call resulted in 16 yes votes and 0 no votes, and the bill passed favorably. The committee also considered and adopted a title amendment by motion and second.
LA
Transcript Highlights:
- Appointments for confirmation from the Department of Agriculture and Forestry, the Department of Children
- and Family Services, Department of Conservation, Environmental Quality, Group Benefits, Department of
- Nicole Roebuck, the head of the Department of Music and director of band. Dr.
- of Children and Family Services and the Louisiana Department of Health.
- They did simple things like adding the actual title of the department, not just saying 'department.'
Bills:
SR146 , SCR12 , HB378 , HB509 , HB1090 , HB221 , HCR85 , HCR100 , HCR105 , HCR107 , HCR114 , HCR58 , HB723 , SB4 , SB52 , SB57 , SB83 , SB131 , SB143 , SB145 , SB152 , SB194 , SB251 , SB254 , SB279 , SB283 , SB333 , SB353 , SB367 , SB384 , SB389 , SB398 , SB408 , SB431 , SB448 , SB450 , SB465 , SB468 , SB469 , SB484 , SB495 , SB496 , SB509 , SB56 , SCR9 , SCR58 , SB35 , SB65 , SB215 , SB246 , SB249 , SB269 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB490 , SB492 , SB500 , SB514 , HCR32 , HB59 , HB89 , HB153 , HB243 , HB335 , HB342 , HB407 , HB451 , HB513 , HB595 , HB682 , HB688 , HB690 , HB730 , HB762 , HB802 , HB816 , HB940 , HB1003 , HB1011 , HB1029 , HB1053 , HB1058 , HB1062 , HB1064 , HB1079 , HB1084 , HB1098 , HB1161 , HB1189 , HB1203 , HB1215 , HB1247 , HB1248 , HB1251 , HB1253 , HB1257 , HB1258 , HB17 , HB27 , HB36 , HB41 , HB73 , HB140 , HB166 , HB181 , HB205 , HB211 , HB223 , HB226 , HB259 , HB271 , HB308 , HB337 , HB399 , HB410 , HB487 , HB626 , HB712 , HB740 , HB750 , HB759 , HB775 , HB812 , HB844 , HB906 , HB966 , HB968 , HB979 , HB1006 , HB1009 , HB1018 , HB1036 , HB1038 , HB1081 , HB1086 , HB1107 , HB1112 , HB1155 , HB1220 , HB1242 , HB1252 , HB1256 , SB42 , SB208 , SB217 , SB274 , SB300 , SB341 , SB379 , SB382 , SB387 , SB401 , SB449 , SB487 , HB74 , HB119 , HB134 , HB210 , HB258 , HB468 , HB784 , HB870 , HB953 , HB956 , HB1117 , HB1236 , SB29 , SB43 , SB78 , SB149 , SB441 , HB359
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (03/10/2026)
Transcript Highlights:
- </c> to follow and Treasury to put out rules. to follow and Treasury to put out rules.
- And then it's just a question of where Treasury lands, whether Treasury is in lockstep with the OCC or
- And then it's just a question of where Treasury lands, whether Treasury is in lockstep with the OCC or
- </c> Treasury have on the passage of clarity? Treasury have on the passage of clarity?
- Treasuries, gold, etc.
Summary:
The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations.
The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities.
A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.
US
US Federal 2025-2026 Regular Session
Business meeting to consider S.93, to amend the Harmful Algal Blooms and Hypoxia Research and Control Act of 1998 to address harmful algal blooms, S.98, to require the Federal Communications Commission to establish a vetting process for prospective a Feb 5th, 2025 at 09:00 am
Commerce, Science, and Transportation Committee
Transcript Highlights:
- Yet I know he will also take the time to listen and learn about the complexities of the Commerce Department
- Time to listen and learn about the complexities of the Commerce Department.
- I think we should be asking about the same issues regarding Treasury settlements.
- You cannot have someone advocating that Treasuries could be settled on a foreign exchange at a time when
- Department, locking out the career employees.
Bills:
SB161 , SB195 , SB216 , SB245 , SB246 , SB257 , SB258 , SB260 , SB278 , SB281 , SB283 , SB93 , SB98 , SB99 , SB306 , SB314 , SB315
Keywords:
vehicle safety, crash test, crashworthiness, NHTSA, National Highway Traffic Safety Administration, New Car Assessment Program, NCAP, motor vehicle safety standards, 49 CFR parts 571 and 572, THOR dummy, THOR-50M, THOR-05F, WorldSID, female crash test dummy, male crash test dummy, occupant protection, frontal impact, side impact, vehicle ratings, automotive safety
ND
North Dakota 2026 1st Special Session
Legislative Audit and Fiscal Review Committee Jun 17th, 2026 at 10:00 am
Legislative Audit and Fiscal Review Committee
Transcript Highlights:
- A lot of it is moving to the Department of Labor.
- Department of the Treasury expanded the State Small Business Credit Initiative program, or SSBCI.
- Then, in October 2022, the Treasury awarded $58.6 million to the Department of Commerce for SSBCI programs
- So at the top of page two, Wonder Fund, North Dakota: the Treasury authorized the Department of Commerce
- Award from the Treasury.
ND
North Dakota 2026 1st Special Session
Legislative Audit and Fiscal Review Committee Jun 17th, 2026
Legislative Audit and Fiscal Review Committee
Transcript Highlights:
- A lot of it is moving to the Department of Labor.
- A lot of it is moving to Department of Labor.
- Department of the Treasury expanded the State Small Business Credit Initiative program, or SSBCI.
- And then in October of 2022, the Treasury awarded $58.6 million to the Department of Commerce for SSBCI
- So at the top of page two, Wonder Fund, North Dakota: the Treasury authorized the Department of Commerce
Summary:
The committee convened, approved the prior meeting minutes, and received a memo summarizing major audit items. The State Auditor’s office and outside auditors then presented a series of audits, many of which were clean with unmodified opinions and no findings, including the Bank of North Dakota, the Guaranteed Student Loan Program, the Office of the Governor, the State Treasurer, the Office of Management and Budget, the Department of Transportation, the Department of Environmental Quality, Lake Region State College, and the Office of the Governor. The North Dakota Stockmen’s Association audit was also clean overall, but it repeated findings about limited segregation of duties and auditor assistance in preparing financial statements, which the auditor said were expected to continue because of the organization’s small size. Committee members asked about out-of-state board addresses, and the association explained those members were North Dakota residents using South Dakota mailing addresses.
Several audits did include findings. The Council on the Arts audit identified two issues: payroll charged to federal awards without supporting time records, and $12,825 in Cultural Endowment Fund spending that was not allowable under state law, including staff training, retreats, and executive director candidate travel. The Department of Public Instruction audit found unsupported scholarship applications in the paraprofessional-to-teacher program, but additional testing confirmed the funds were credited properly and students completed required school district work, so no improper payments were identified. The University of North Dakota audit found a lack of documentation and transparency in School of Law admissions decisions; the auditor said the law school used a holistic process but did not keep notes or evaluation tools to show why applicants were admitted, waitlisted, or denied. UND leadership said the school is in good standing with the American Bar Association and agreed better documentation is needed, and the auditor said the issue was the missing documentation, not ABA accreditation itself.
The most extensive discussion centered on the North Dakota Racing Commission audit, which found four findings: overspending the promotion fund’s 25% operating cap, grant conditions not being met, improper breeder fund awards, and improper procurement. The auditor said promotion fund spending exceeded the cap by $327,447 and the fund balance dropped sharply over the audit period. Racing Commission director Bruce Johnson said the agency had become complacent, that grant requests were treated as routine, and that controls and documentation need to be tightened. He also explained that the breeder fund overpayments involved two horses whose ownership transfers were not properly documented before racing, and that the procurement issue stemmed from an advertising contract that proceeded without proper written procurement procedures after a misunderstanding with the State Procurement Office. The auditor said the Racing Commission will now be audited every two years because of the findings.
The committee also received updates on Dakota College at Bottineau’s bank reconciliations, which Minot State University said had been brought current after an 18-month backlog, with only one account still needing cleanup; members asked for a written report on the corrective actions. The North Dakota Fair Foundation was reported to have dissolved, with remaining funds transferred to another nonprofit account for continued support of the state fair. Finally, the Department of Public Instruction provided an update on school meal debt, revising the earlier estimate to about $1.1 million based on incomplete district survey responses, and said the Anti-Lunch Shaming law likely increased meal debt because schools must feed students regardless of account balance. Members discussed the need for a more accurate year-end debt figure and possible future reporting at a later committee meeting.
MN
Minnesota 2025-2026 Regular Session
House Children and Families Finance and Policy Committee 3/17/26
Children and Families Finance and Policy
Transcript Highlights:
- </c><00:08:33.760><c> about</c> conversations with the department about conversations with the department
- The department may correct me if I'm wrong, though. funding to the department to kind of funding to the
- </c><00:28:50.560><c> Would</c> the cost to the department be? Would the cost to the department be?
- </c> This we have two different departments This we have two different departments that<00:38:47.520>
- And instead of being able to one department to be able to access it, it has to go through Department
Keywords:
child care, child care center, day care, licensed child care, video security cameras, surveillance, security cameras, maltreatment, child abuse, child safety, public and shared areas, camera mandate, child care assistance program, CCAP, Great Start Compensation Support, early learning scholarships, licensed provider, Minnesota Statutes 142B.68, Harvey's Law, privacy
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 14th, 2026 at 10:35 am
House Taxation & Revenue
Transcript Highlights:
- Madam Chair, Representative Lundstrom, I believe they come into the Aging Department in the spring.
- And then the Aging Department goes through.
- The Aging Department goes through an evaluation process and makes a recommendation through the statewide
- The Higher Education Department and the Capital Outlay Committee through the Higher Education Department
- But the Aging Department does have a kind of formal application-based vetting system for these projects
Committee:
House House Taxation & Revenue
Keywords:
general obligation bonds, GO bonds, capital projects, bond election, property tax levy, state debt, state finance, capital outlay, senior centers, senior citizen facilities, aging services, long-term services, libraries, library acquisitions, broadband for libraries, higher education, university capital projects, community colleges, tribal schools, special schools
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 13th, 2026 at 08:35 am
House Taxation & Revenue
Transcript Highlights:
- I'm the Secretary of the Taxation and Revenue Department, and I'm proud to speak in support of this bill
- I'd also like to state that the department is in support of the committee substitute.
- The department is in support of the committee substitute.
Committee:
House House Taxation & Revenue
Keywords:
general obligation bonds, GO bonds, capital projects, bond election, property tax levy, state debt, state finance, capital outlay, senior centers, senior citizen facilities, aging services, long-term services, libraries, library acquisitions, broadband for libraries, higher education, university capital projects, community colleges, tribal schools, special schools
WA
Washington 2025-2026 Regular Session
Senate Human Services Jan 20th, 2026 at 01:30 pm
Human Services
Transcript Highlights:
- I do want to share that I'm holding Senate Bill 5942, which is around the Department of Children, Youth
- We did receive a fiscal note, and it was given a nondeterminate but non-zero assessment by the Department
- It replaces 'release' with 'placement' and requires the department to use risk factors to assess the
- It also requires the Department of Corrections to provide a written and individualized explanation for
- Amendment B7, offered by Senator Christian, requires the Secretary of the Department of Corrections and
Committee:
Senate Human Services
Keywords:
incarcerated individuals, escorted leaves, criminal justice, rehabilitation, state law, healthcare, incarcerated, extraordinary medical placement, criminal justice reform, medical care, children, youth, financial stability, care services, department of children and families, housing assistance, foster care, pilot program, social services, accountability
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, January 8, 2026)
US Federal House Floor Meeting
TX
Committee:
Senate Finance
Keywords:
tax collection, managed audits, taxpayer rights, dispute resolution, penalty, SB 1018, Texas traffic fines, traffic fine revenue, comptroller, general revenue fund, undedicated general revenue, trauma facilities, emergency medical services, EMS, designated trauma facility and EMS account, Texas mobility fund, Transportation Code Section 542.4031, state revenue distribution, budget, highway safety