Video & Transcript Research : 'apportionment'
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NH
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/21/2025)
Transcript Highlights:
- Um, so I guess my question is: is this different than the current apportionment, like allocation, or
- So, apportionment A is better known as highway block grants.
Summary:
The committee first revisited HB 781, the cell phone bill, after previously retaining it. On reconsideration, members moved to OTP the bill, and it passed unanimously. The committee then moved into the budget tracking packet and adopted an amendment to HB 2 to add the same cell phone policy language, also unanimously, and separately reduced HB 1 by $1 million to match the policy change. Members noted the cell phone language had already been stripped of grant funding language in the House version and that the policy and funding pieces were being aligned across the budget bills.
The committee then took up a Department of Education technical amendment to HB 2 on charter school grants, which made timing and administrative changes without altering grant amounts, and adopted it unanimously. Members also discussed but held other education-related items, including adequacy grants, pending broader decisions on overall education funding. Another HB 2 item concerning E-911/state police radio communications prompted a longer discussion about whether E-911 surcharge funds were being used for purposes that should instead be general-funded. After debate over whether to leave the current practice in place or split the funding 50/50 between E-911 and general funds, the committee adopted a joint HB 1/HB 2 change to shift the funding source to a 50/50 split and delete the HB 2 language authorizing the prior use; the motion passed 7-0.
The committee also discussed but did not act on several lottery-related provisions, including the video lottery terminal amendment, the increase in maximum ticket price from $30 to $50, and related tax split changes, with members planning to hear from the Lottery Commission on Monday. The meeting ended with the committee beginning review of new amendments in the tracking packet, including a Department of Education request related to Public School Infrastructure Commission grant administration, but no action was taken on that item in the portion provided.
MN
MS
Mississippi 2026 Regular Session
MS House Floor - 21 January, 2026; 2:00 PM
Mississippi House Floor Meeting
Transcript Highlights:
- Apportionment and Elections will meet tomorrow at 1:15 in 401A.
Summary:
The House opened with prayer, the Pledge of Allegiance, a quorum call, and several guest introductions, including a pastor, a doctor of the day, medical students and physicians for MSMA White Coat Day, and visitors in the galleries. The chamber then moved to the calendar and took up House Bill 314, the Ibogaine Treatment Drug Development Grant Program Act. The sponsor described ibogaine as a potential treatment for opioid use disorder, PTSD, traumatic brain injury, depression, and related conditions, emphasizing that the bill would not legalize the drug but would authorize the State Department of Health to fund a consortium for FDA-regulated clinical trials with private matching funds, a university and hospital partner, and a requirement that at least 20% of commercialization revenue go to the state. Members asked about VA involvement, whether the trials would serve veterans or civilians, how the drug would be administered and monitored, why a statute was needed, and the source of the proposed state funding. The bill passed by a vote of 110 yeas and 1 nay.
The House then considered House Bill 534, as a committee substitute, creating the Mississippi Health Exchange, a statewide health information exchange for real-time sharing of admission, discharge, transfer, and related patient information among hospitals, clinics, payers, and public health officials. The sponsor said the system would improve continuity of care, help with bed availability and mental health placements, and support public health analysis while protecting privacy through HIPAA compliance, an opt-out process, and limits on access to identified data. The bill would require hospitals, community mental health centers, and state hospitals to participate as a condition of licensure, designate a single nonprofit operator selected by the Department of Health, and create a fund for implementation and cybersecurity costs.
Members questioned the bill about privacy protections, the opt-out process, whether data could be sold or shared improperly, costs to hospitals, whether hospitals and the hospital association supported the measure, and how the exchange would work in transfer scenarios. The sponsor said the bill would make unauthorized sharing illegal, that most hospitals already participate in some form of HIE, and that the exchange would not cost the state anything immediately because there was no appropriation attached. The discussion also noted possible help from rural transformation funding. The transcript ends during continued questioning of House Bill 534, before final passage or other action is shown.
TX
Texas 89th 1st C.S.
Senate Special Committee on Congressional Redistricting Jul 29th, 2025
Transcript Highlights:
- estimates of the previous years, and Texas received fewer seats than had been anticipated in the apportionment
Summary:
The Senate Special Committee on Congressional Redistricting met virtually for its West Texas regional hearing, established a quorum, and explained that the hearing was part of a series of statewide information-gathering sessions before any map was filed. The chair outlined the Zoom procedures, the two-minute testimony limit, and the availability of written comments through the committee’s public portal. Senators also discussed the logistics and transparency of the process, including the expectation that any proposed map or amendment would be made public once filed and that additional hearings would follow.
Senator Blanco, whose district includes West Texas and the border region, said the area’s communities of interest should be kept together and warned against repeating the loss of representation that followed the last redistricting cycle. Senators Alvarado, Hinojosa, Miles, and others debated the value of virtual hearings versus in-person hearings, the number of people who had testified, and whether the committee could subpoena witnesses after the regional hearings ended. The chair said he was awaiting legal guidance and would consider a subpoena motion at a formal meeting the next day. A lengthy exchange also occurred over the tone of public testimony and the chair’s view that some comments directed at Republicans and the president had been offensive or historically inaccurate.
Invited witnesses and public commenters largely opposed mid-decade redistricting and argued that any new map should reflect population growth, especially among Latino and other minority communities, and comply with the Voting Rights Act. Nina Perales of MALDEF said the hearings were not meaningful without a draft map and testified that Texas has a long history of discriminatory redistricting; senators questioned her about litigation, DOJ’s July 7 letter, and the 2021 congressional map. Tania Chavez Camacho, Luis Figueroa, and several El Paso residents emphasized that maps should preserve communities of interest, avoid cracking and packing, and be transparent and participatory. A smaller number of witnesses supported redistricting, including one El Paso resident who said the current districting leaves the area underrepresented and another who argued that some communities want to return to a map closer to the earlier District 16 configuration. Several witnesses also criticized the DOJ letter as inconsistent with the state’s position that the 2021 maps were drawn race-blind, while others said the current process was too rushed and lacked sufficient public input.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 49 - Morning Session Apr 29th, 2026 at 10:30 am
Oklahoma House Floor Meeting
Bills:
HR1055, SB2170, SB1833, SB1198, HR1056, SB1730, SB563, SB1379, SB1645, SB2155, SB1280, SB1455, SB1456, SB1461, SB1457, SB1463, SB1465, SB1466, SB1344, SB1309, HR1054, SB2159, SB1948, HB1371, SB1365, SB1976, SB1975, SB2026, SB1565, SB1621, SB237, SB933, SB1427, SB1642, SB171, SB1873, SB2067, SB1623, SB1771, SB1805, SB1826, SB2072, SB444, SB2184, SB1966, SB1812, SB2117, SB2135, SB330, SB1239, SB1428, SB1531, SB1484, SB1405, SB3
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 42 Apr 16th, 2026 at 09:30 am
Oklahoma House Floor Meeting
Bills:
SB1365, SB2139, SB1595, SB1303, SB2180, SB2072, SB1772, SB1209, SB137, SB1944, SB372, SB1636, SB1256, SB1827, SB2104, SB1226, SB1876, SB1966, SB80, SB1148, SB1147, SB1149, SB1161, SB1162, SB1164, SB1159, SB1165, SB1174, SB1156, SB1158, SB1163, SB1175, SB1176, SB1166, SB1167, SB1157, SB1146, SB1481, SB1144, SB1145, SCR20
Keywords:
SB1365, Oklahoma Central Purchasing Act, procurement exemption, competitive bidding, state purchasing, Oklahoma Tourism and Recreation Department, tourism department, merchandise for resale, gift shops, lodges, golf pro shops, state parks, restaurant contracting, retail outlets, public procurement, purchasing flexibility, Title 74, emergency clause, restrictive covenants, discriminatory covenants
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Feb 9th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Bills:
SB1423, SB1426, SB1502, SB1377, SB1983, SB1466, SB1645, SB1647, SB1847, SB1565, SB1562, SB1329, SB1383, SB1833, SB1555, SB1344, SB1839, SB1280, SB1832, SB2001, SB1405, SB2143, SB1989, SB1393, SB1392, SB1395, SB1400, SB1220, SB1516, SB1239, SB1531, SB1349, SB1221, SB1538, SB1309, SB1434, SB2108, SB2121, SB2171, SB2061, SB2112, SB2138
Keywords:
Oklahoma Hospital Advisory Council, hospital licensure, public health, State Department of Health, State Board of Health, hospital regulations, healthcare regulation, hospital standards, hospital construction, hospital operations, stroke care, stroke system, emergency medical services, EMS transport, psychiatric treatment, chemical dependency treatment, substance use disorder, drug storage, pharmacy, quality indicators
NH
Transcript Highlights:
- One concern is that the New Hampshire Constitution states that the legislature shall make the apportionment
- The constitution does not say how the legislature is to make the apportionment and what process it has
- The legislature shall make an apportionment of representatives, as was cited.
- The legislature shall make an apportionment does not say the legislature is forbidden to get help from
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/13/2025)
Transcript Highlights:
- So what that means is when you are a business that's operating in multiple states, apportionment is how
- business that's operating in multiple business that's operating in multiple States<01:43:31.440>
apportionment - >
how <01:43:32.840>we <01:43:33.080>tell <01:43:33.360>you States apportionment - is how we tell you States apportionment is how we tell you that<01:43:34.080>
you <01:43:34.239
Summary:
The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund.
The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance.
Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected.
Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 29 Evening Session Session Mar 25th, 2026 at 04:30 pm
Oklahoma House Floor Meeting
Transcript Highlights:
- Some of that is an apportionment. We do an extra appropriation every year.
Bills:
HB4420, HB3974, HB3016, HB3062, HB3021, HB3145, HB4128, HB3131, HB3015, HB3472, HB3453, HB1638, HB4126, HB2696, HB2710, HB3552, HB3031, HB3544, HB3521, HB4490, HB4488, HB1746, HJR1069, HB4428, HB4429, HB1170, HB3538, HB4124, HB3904, HB4106, HB2999, HB3982, HJR1077, HB3464, HB2588, HB3462, HB4440, HB3674, HB3345, HJR1067, HB4326, HB4331, HB4337, HB4338, HB4359, HB4392, HB3557, HJR1076, HB4003, HB3495, HB3497, HB3501, HB3505, HB3749, HB3011, HB4336, HB4346, HJR1087, HB3240, HB3647, HB3796, HB3969, HB3972, HB3983, HB3984, HB3989, HB3383, HB3130, HB4358, HB3327, HJR1055, HB3386, HJR1089, HB3087, HB2970, HB3314, HB4129, HB4199
Keywords:
reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights
MN
HI
Hawaii 2026 Regular Session
ECD Public Hearing - Wed Feb 11, 2026 @ 8:30 AM HST
Economic Development & Technology
Transcript Highlights:
- We also have the concept of apportionment, which means that if a company has income sources in several
- And if you want instead to change the apportionment methodology, there's a place to do that, and not
Keywords:
business development, arts, cultural affairs, Hawaii, commissions, administrative transfer, funding appropriation, Hawaiian culture, sense of place, land management, environmental stewardship, cultural preservation, 910, house, all
Summary:
The committee heard several bills related to permitting and economic development. On HB 2603, relating to permits, the Office of Planning and Sustainable Development said it supported the measure with comments. Committee discussion focused on the fact that the state’s facilitated permit process appears to have been rarely or never used, the need to identify specific projects that would use it, and whether DBEDT would need dedicated staffing to administer it. DBEDT said it had found no projects under the current process, had no capacity to run the program as structured, and estimated it would need about 7 to 9 FTEs, including permitting, coordination, data, systems, and possibly legal support. The chair suggested exploring a staff assignment and comparing the concept to federal FAST-41-style expedited permitting.
On HB 2140, relating to essential permitting positions, the Office of Planning and Sustainable Development again supported the bill with comments. Testimony and questioning centered on a pilot program to help counties pay competitively for permitting staff. A DBEDT representative said the issue of competitive pay affected both county and state permitting offices and that the bill was intended as a temporary pilot, though a more permanent solution would be preferable. When asked how counties would fund the salary support, the witness said that was not yet discussed with the counties and agreed to follow up. The committee also noted the bill applies to participating counties.
On HB 2598, relating to the Hawaii Technology Development Corporation, the State Procurement Office and HTDC offered comments, and the Department of the Attorney General raised constitutional concerns. The AG said the bill’s residency-based certification requirements, when tied to procurement, could implicate the dormant Commerce Clause, and that the required 1% contribution tied to state contracts raised unconstitutional-conditions concerns. In questioning, the AG characterized these as legal risks rather than automatic lawsuits. The committee did not take a vote.
The committee then heard HB 2141, relating to state enterprise zones. Taxation, DBEDT, HCDA, the University of Hawaii Cancer Center, and HTDC testified in support, while the Tax Foundation noted the program was intended to help economically depressed areas create jobs. HTDC said the bill would help preserve the Maui Research and Technology Center’s enterprise-zone status after rezoning. Committee discussion focused on whether the enterprise zone program is being used effectively, how the bill might attract businesses to areas where the state is investing, and whether the program’s labor requirements are too burdensome for new businesses. DBEDT explained that the program requires a 10% workforce increase in the first year, which must be sustained, and said it promotes the program through county coordinators and in-person outreach. No votes or final actions were taken in the portion provided.
AZ
Transcript Highlights:
- from ADE, then the superintendent of public instruction may withhold any portion of the school's apportionment
Bills:
HB2015, HB2060, HB2062, HB2100, HB2118, HB2165, HB2258, HB2327, HB2397, HB2445, HB2460, HB2641, HB2745, HB2876, HB2917, HB4011, HB4049, HB4056, HB4087, HCR2013, HCR2016, HCR2040, HCR2044, HCR2048, HCR2056
Keywords:
budget procedures, late filing penalty, accounting standards, financial reporting, state appropriations, abortion, educational institutions, health education, state aid, public schools, Buffalo Soldiers, monument, commemoration, Arizona, public funding, Wesley Bolin Plaza, military history, historical memorial, small land subdivision, land use
Summary:
The committee approved the minutes from the prior meetings and then took up several measures, beginning with HCR 2013, which would proclaim June 2026 as Celebrate Life Month in Arizona. The resolution drew emotional testimony in support from Crystal Cooper and Bella Stockton, both of whom shared personal stories about living with spina bifida and argued for celebrating life and supporting people with disabilities. Senator Kennedy voted no, saying the resolution was symbolic and did not address practical supports such as paid family leave, health care, housing, and school meals. The committee ultimately gave HCR 2013 a due pass recommendation on a 4-1 vote, with two members not voting.
The committee then advanced HB 2327, as amended, clarifying protections for eligible persons’ identifying information in county recorder records and explicitly excluding voter registration records from the confidentiality provisions. Representative Hendricks said the bill was intended to fix problems created by earlier language protecting elected officials and first responders. The committee also passed HB 2258, which adds La Paz County to the Tourism Advisory Council’s geographic area, with no opposition testimony.
A longer debate followed on HB 2397, which expands HOA/condominium disclosure requirements for prospective buyers, including bylaws, declarations, plats, meeting minutes, and information about assessments and known defects. Representative Biasucci said the bill was about transparency for buyers, while the Arizona Association of Community Managers raised concerns about cost and the scope of the disclosure requirements; the Arizona Homeowners Coalition supported the bill but opposed an amendment that would require managers to be on site for capital projects. The committee adopted two Hoffman amendments and then gave HB 2397 a due pass as amended recommendation. The committee also passed HB 2015, which imposes penalties on state agencies that miss federal audit reporting deadlines, and HB 4049, which changes how the Attorney General represents DCS in cases alleging misconduct; both drew opposition over concerns about punitive penalties and existing conflict procedures.
Later, the committee approved HB 4087, authorizing a memorial plaque for former legislator Barbara Love, and HB 2100, which allows counties to authorize certain small land subdivisions, despite objections that it could weaken water-supply protections. The committee then passed HB 2460, as amended, preempting local ordinances that penalize businesses for abandoned or stolen movable property such as shopping carts; supporters argued cities were charging victims of theft, while cities and towns said the bill would undercut local nuisance enforcement and shift costs to taxpayers. Finally, the committee began hearing HCR 2056, a proposed constitutional referral recognizing a right to refuse medical mandates, with Representative Cooper and supporters framing it as bodily autonomy and opponents warning it would weaken public health protections, especially in schools and during outbreaks.
TX
Texas 89th Regular
89th Legislative Session - Second Called Session Aug 20th, 2025
Texas House Floor Meeting
Transcript Highlights:
- , we recognize that politics and political considerations are inseparable from districting and apportionment
Keywords:
district composition, congressional election, Texas, legislature, voting districts, 997, house, all
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/18/2025)
Transcript Highlights:
- but I do if there's something I can do but I do believe<03:48:04.040>
an <03:48:04.199>apportionment - <03:48:05.120>
type <03:48:05.359>model <03:48:05.800>is believe an apportionment - type model is believe an apportionment type model is appropriate<03:48:06.560>
under <03:48:06.760
Summary:
The committee first took up HB 713, which would require mile markers on Route 112, the Kancamagus Highway. The sponsor and DOT testimony described the road as a heavily traveled but isolated corridor with little or no cell or radio service, frequent accidents and breakdowns, and serious public-safety problems when emergency responders cannot quickly locate incidents. Members discussed where markers should be placed, how frequently they should appear, whether both sides of the road should be marked, and the potential cost; DOT said the project could be done with federal funds and might be combined with other work to reduce mobilization costs. The committee agreed the bill was straightforward and voted OTP 18-0, with discussion that a friendly amendment might be offered later to refine the language.
The committee then heard HB 563, concerning calculation of adequate education grants. Testimony explained that the bill would add fiscal capacity disparity aid in FY 27 and increase the special education differentiated aid factor, while also reducing extraordinary needs grants so the overall fiscal impact would be net neutral. Members noted the changes were limited to the second year because of the budget process and school district ballot timing. Supporters argued the fiscal capacity aid would help property-poor towns and should be expanded, while others emphasized the bill’s budget-neutral structure. The committee voted to retain HB 563 for further consideration in the budget process.
Finally, the committee opened HB 675, which would limit the authority of school districts to make certain appropriations. A Derry resident and former local official testified in favor, arguing that property taxes are too high, that school spending has outpaced town-side tax caps, and that local voters should have more control over school budgets. Committee members questioned whether the issue should instead be handled locally through existing processes or broader governance changes, and one member noted the state’s constitutional obligation to provide an adequate education. The discussion continued, but no final action on HB 675 was taken in the portion provided.
NH
New Hampshire 2025 Regular Session
House Education Policy and Administration (02/05/2025)
Transcript Highlights:
- what's called a weighted vote, which means that they also pay a whole lot more toward the SAU apportionment
- The weighted vote means they also pay a whole lot more toward the SAU apportionment than these other
- So they can now adopt a new apportionment formula for SAUs if they choose to.
Summary:
The committee heard testimony on House Bill 662, which would require public schools to include discussion of abortion procedures and show specified videos in health education classes. The prime sponsor argued the bill would ensure students receive medically accurate, age-appropriate, and nonpolitical information about abortion, saying the topic is important for informed decision-making and should be taught consistently statewide. He said the videos were intended for grades 9-12, that parents could opt out, and that the requirement was meant to supplement, not sway, students’ views. He also acknowledged the bill could be seen as limiting local control over curriculum and said the intent was to prevent the topic from being missed due to scheduling disruptions.
Committee members questioned the sponsor about local control, the need for a video mandate, the source of his statistics, whether the bill could be biased or inflammatory, and whether the requirement should apply every year in high school. The sponsor said the videos were only a starting point, could be replaced by others, and were meant to be informational. He also said the bill was not intended to influence students’ decisions about abortion. Several supporters testified in favor, including representatives of New Hampshire Right to Life and others who said students should be told the “truth” about abortion and its consequences. They emphasized graphic or emotionally difficult aspects of abortion and argued that young people need this information to make informed choices.
Opponents and skeptical witnesses raised concerns about prescribing curriculum, eroding local control, and the appropriateness of the material for younger high school students. The New Hampshire School Administrators Association said the bill was overly prescriptive, that health education standards are already set by the State Board of Education, and that the topics in the bill are not part of the current standards. That witness recommended the committee consider retaining the bill for further work or making it less prescriptive. No vote or final committee action was taken in the portion of the meeting provided.
NH
WY
Wyoming 2026 Regular Session
Corporations, Elections & Political Subdivisions Interim Topics Meeting, March 3, 2026
Transcript Highlights:
- Um, Representative or Senator McKeown proposed an interim topic: whole county apportionment for the Wyoming
Summary:
The chairman opened by explaining that the committee would hear proposed interim topics and then rank them by written submissions rather than debating them one by one. The Public Service Commission presented two topics: an educational session on small water utilities, citing maintenance needs, water-quality compliance, and difficulty accessing capital, and a review of civil penalties for pipeline safety violations because Wyoming’s statutory penalties are far below federal levels and could affect compliance and funding.
Members and outside presenters then outlined a range of additional topics. Representative Campbell proposed work on fire protection districts and EMS districts, focusing on financial stability, mill levies, and possible county authority to combine districts and levies. He also raised public records at meetings, corporate filing fees, and fraudulent corporate filings. The Community College Commission proposed updating annexation statutes so communities can join community college districts more easily, especially where current mill-levy rules create funding issues. Senator Crago supported the fraudulent corporate filings topic and noted related technology-based solutions and overlap with blockchain issues.
Other proposals included CPA “Pathways” licensing changes to address a shortage of accountants, a review of public meetings and public records laws, continuation of the electricity study with emphasis on grid reliability and large-load capacity constraints, and a broader review of the public meetings and records act. Ashley Harpstreith of the Wyoming Association of Municipalities supported extending municipal audit deadlines and described a statewide shortage of auditors and CPAs. Healthy Wyoming proposed studying health coverage options for low-income working adults, including state-sponsored or cooperative models. Representative Chestek proposed making most nonpartisan county offices elected on a nonpartisan basis. No votes or final selections were taken in the portion provided; the committee mainly heard testimony and discussed whether topics should be assigned to this committee or another one.
KY
Kentucky 2025 Regular Session
Consensus Forecasting Group (9-16-25)
Transcript Highlights:
- law changes that affected the corporation income tax, including changes to the tax rates, the apportionment
- 59.440>
aortionment <02:08:00.079>of <02:08:00.320>income, The tax rates, the apportionment
Summary:
The meeting focused on preliminary fiscal 2026 revenue estimates and the governor’s office request for an official revision to fiscal 2026, with members reminded that any estimate adopted now would not bind the December official estimates. Staff from S&P Global walked through three forecast scenarios—control, optimistic, and pessimistic—based on recent federal tax changes, tariffs, and other policy developments, emphasizing that the outlook remains highly uncertain.
Under the control scenario, the presentation projected below-trend real GDP growth of 1.8% in fiscal 2026, slowing to 1.5% by fiscal 2028, with unemployment peaking around 4.5% and the Federal Reserve cutting rates three times to a long-run range of about 2.75% to 3%. The optimistic scenario assumed lower effective tariffs, stronger growth, and better labor and housing outcomes, while the pessimistic scenario assumed a broader trade war, higher effective tariffs, faster deportations, weaker employment and consumer spending, and unemployment rising to about 6.3%. Speakers also noted that the forecast was prepared before later BLS revisions and that recent data on inventories and AI-related investment made the recent quarters look unusually volatile.
Members discussed how the current fiscal 2026 outlook compared with earlier assumptions and noted that the eventual revenue revision may be smaller than the spread between the optimistic and pessimistic economic scenarios. The governor’s office and committee members also reviewed sector-specific impacts, including manufacturing, housing, light vehicle production, exports, and consumer sentiment, with particular concern about Kentucky’s auto and housing-related industries. No votes or formal actions were taken in the portion provided.