Video & Transcript Research : 'payment'

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AL

Alabama 2026 Regular Session

Alabama House Mar 12th, 2026

Alabama House Floor Meeting

Transcript Highlights:
  • We are making the annual State House payment in the budget.
  • <00:18:50.480> We million payment we had to consider.
  • We million payment we had to consider.
  • We are making the annual State House payment in the budget.
  • We are making the annual State House payment in the budget.
Keywords: 1136, house, all
MN

Minnesota 2025 1st Special Session

Committee on Commerce and Consumer Protection - 03/20/25

Commerce and Consumer Protection

Transcript Highlights:
  • changing the program to a direct subsidy, we remove this inefficiency in the program and target payments
  • :01:44.160> program<01:01:44.799> and<01:01:45.119> target<01:01:45.520> payments
  • the program and target payments the program and target payments um<01:01:47.520> target<01
  • :01:47.920> payments<01:01:48.400> only<01:01:48.720> to<01:01:49.040> those<
  • /c><01:01:49.280> who<01:01:49.520> do ...target payments only to those who do not get
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 2/26/25

Agriculture Finance and Policy

Transcript Highlights:
  • <00:10:14.480> um<00:10:15.480> make<00:10:15.680> that<00:10:15.800> payment
  • ><00:10:16.079> in<00:10:16.240> July<00:10:16.880> so RFA loan um make that payment
  • in July so RFA loan um make that payment in July so we<00:10:17.720> worked<00:10:17.959>
  • This graph is just showing the depredation claim payments per year, along with the number of claims.
  • The graph is just showing the depredation claim payments per year, along with the number of claims.
Bills: HF601, HF271, HF1101, HF979
MS

Mississippi 2026 Regular Session

MS Senate Floor - 12 February, 2026; 9:30 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • > written<00:45:48.080> or payment instrument means a written or payment instrument means
  • value or payment for goods or services. value or payment for goods or services.
  • stored value does not include a payment stored value does not include a payment instrument<00:46
  • <03:59:23.000> system inpatient prospective payment system inpatient prospective payment system
  • part of that as far as the the payment part of that as far as the the payment and<04:38:03.320><
Summary: The Senate convened with a quorum present, dispensed with the reading of the journal, committee reports, and bill titles, and heard an invocation and pledge. The early portion of the meeting focused on recognizing recipients of the 2026 Governor’s Arts Awards. The Senate adopted resolutions honoring Greg Harkins for excellence in traditional craft, Jesse Robinson for lifetime achievement in blues music, Heather Christian for excellence in music composition, the Mississippi Symphony Orchestra for excellence in performing arts, and Dorothy “Dottie” Armstrong for excellence in art education. The executive director of the Mississippi Arts Commission briefly thanked the senators and invited them to the evening awards ceremony. The chamber also received several announcements and introductions, including recognition of the Mississippi Society of Radiologic Technologists’ Capitol Day and visiting students from several radiologic science programs. There was also mention of an out-of-order resolution commemorating the 155th anniversary of Alcorn State University, though no action on it was detailed in the excerpt. On the calendar, the Senate took up Senate Bill 2915, which concerns alcoholic beverages, native wine retail permits, and festival permits. The bill was explained as a measure to support Mississippi’s native wineries by allowing free-standing tasting rooms in different parts of the state while maintaining tax collection; a committee substitute and a friendly amendment were adopted, and the bill passed by use of the morning roll call. The Senate then began consideration of Senate Bill 2828, the Money Transmission Modernization Act, which would impose transaction fees, create a Law Enforcement 287G Program Fund, provide an income tax credit for fees paid, and revise licensing and control definitions. After objections to the usual motion, the bill was read at length, but the excerpt ends before final action on that measure.
MN
Transcript Highlights:
  • Um, so after reconciliation of spring payments in preparation for summer, uh, we discovered there's about
  • Uh, $17,000 of that, um, is still committed to finalizing spring payments, which leaves about $100,000
  • <01:09:59.120> spring after uh reconciliation of spring after uh reconciliation of spring payments
  • in preparation for summer uh we payments in preparation for summer uh we uh<01:10:03.679> discovered
  • , which leaves about a h 100,000 payments, which leaves about a h 100,000 uh<01:10:23.679> for
Keywords: 918, senate, all
Summary: The conference committee received a nonpartisan walkthrough of the House and Senate side-by-side for higher education-related legislation, with staff identifying Senate-only, House-only, identical, and technical-difference provisions. Topics included paid blood donation leave for Minnesota State employees, a revised higher education attainment goal, athletic fee restrictions, developmental course disclosures, American Indian Scholars Program eligibility, protections and definitions for pregnant and parenting students, online program management contracts, student aid reporting, work-study and dual training grants, private and out-of-state postsecondary education regulation, private career school licensing and data privacy, college savings plan changes, and several University of Minnesota-related provisions. House-only items also included an unemployment insurance aid adjustment, a $1.5 million ongoing appropriation for an identity verification system to combat enrollment fraud, and $5,000 for Bemidji State University reforestation; Senate-only items included Board of Regents appointment language, limits on for-profit control of medical school curriculum, and reporting on for-profit funding in medical education. After the walkthrough, the committee moved to adopt the same and similar provisions and direct staff to make technical corrections. A senator asked about proposed adjustments to the pregnant and parenting student language, and the chair said amendments would be considered after adopting the same and similar provisions. The motion to adopt prevailed. During public testimony, Sydney Spre of the Minnesota Association of Professional Employees supported the Senate’s paid blood donation leave language, saying it would create parity for Minnesota State employees and encourage blood and plasma donation. Commissioner Dennis Olsen of the Office of Higher Education thanked the committee for adopting most of the agency’s proposed language and said he was available to help clarify remaining differences. In response to questions, he explained the Senate’s higher education attainment goal proposal, saying it would extend and broaden the existing goal, raise the target from 70% to 75%, expand the age range, and use additional metrics and partner agencies; he also said the overall attainment rate had been 63.5 under the prior goal. The transcript ends as the commissioner was being asked whether the proposal would require additional appropriations.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 4/14/26

Energy Finance and Policy

Transcript Highlights:
  • back by a year, so that we can get all of those buses ordered, get the invoice in, and then make the payment
  • get the invoice in, and then<00:09:39.920> make<00:09:40.120> the<00:09:40.240> payment
  • then make the payment. then make the payment. Representative<00:09:42.000> Anderson.
  • Third-party financing enables consumers to lease solar panels and a battery, which spreads lease payments
  • make a large upfront down payment. make a large upfront down payment.
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 02/25/26

Jobs and Economic Development

Transcript Highlights:
  • Delay in city loan payments for the months of April, May, and June for small businesses.
  • Mortgage payments, electric bills, gas, insurance, internet, and car payments all continued to add up
  • <01:08:53.759> Mortgage<01:08:54.239> payments, their bills were not.
  • Mortgage payments, their bills were not.
  • internet, and car payments all continued to<01:08:59.759> add<01:08:59.920> up.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 4/7/25

Health Finance and Policy

Transcript Highlights:
  • hospital with hefty lease payments hospital with hefty lease payments leading<00:10:37.360> to
  • So it's a little bit more of an upfront payment than the county will pay on behalf of everybody.
  • So it's a little bit more of an upfront payment than the county will pay on behalf of everybody.
  • So it's a little bit more of an upfront payment than the county will pay on behalf of everybody.
  • So it's a little bit more of an upfront payment than the county will pay on behalf of everybody.
HI

Hawaii 2025 Regular Session

EEP Public Hearing - Thu Jan 30, 2025 @ 9:00 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • This will allow the state to enter into step-in agreements for payment obligations arising under certain
  • empowers an electric utility to serve as... ...an electric utility to serve as a billing, collection, payment
  • <00:08:37.760> obligations agreements for payment obligations agreements for payment obligations
  • <00:09:06.640> and a billing collection payment and a billing collection payment and managing
  • <00:14:21.720> from<00:14:21.920> the rating ensuring that payments from the rating
Keywords: 910, house, all
Summary: The committee heard several energy and environmental bills. On HB 974, which would authorize state step-in agreements for certain power purchase agreements and create a trust fund/reserve mechanism, the Attorney General’s office raised concern that the state should not incur liability beyond the trust fund. The Division of Consumer Advocacy said it had comments but did not take a position, while the Public Utilities Commission, Ameresco, Hawaiian Electric, and other industry groups supported the measure, saying it would help developers secure financing for renewable projects and improve reliability. Hawaiian Electric said the bill would not use state funds and that its proposed reserve account would be held in trust and returned to customers if unused. Committee members questioned whether the reserve would raise customer costs; Hawaiian Electric said the amount would be small and would be offset by avoiding higher financing costs, while Consumer Advocacy suggested the language should be strengthened to ensure unused funds are fully returned. The committee then heard HB 338, which would clarify that premium interest-rate adjustments for non-fossil fuel generation are just and reasonable and allow the PUC to include them in rates. DCCA and the State Energy Office supported the bill, and the PUC also supported it. Hawaiian Electric opposed unless amended, arguing the PUC already has discretion and warning the bill could weaken competitive procurement by encouraging higher bids tied to the utility’s credit rating. DCCA said the concern was that developers might not seek the best financing if premium rates are recoverable, but said Hawaiian Electric’s suggested amendment requiring clear and convincing evidence of unavoidable financing-cost increases would help. Members also asked about refinancing and whether developers could later lower debt costs after locking in a premium rate; DCCA said that ability exists and suggested a time limit or review mechanism. For HB 337, which would direct the PUC to establish standards requiring utilities to remove certain fossil-fuel costs from the rate base when adding renewable resources, the Department of Hawaiian Home Lands, Hawaii Clean Power Alliance, and the State Energy Office supported the measure. Hawaiian Electric opposed it, saying it misunderstood utility cost recovery and could threaten grid reliability because fossil plants provide ancillary services such as voltage regulation and balancing, not just energy. Hawaiian Electric pointed to its integrated grid plan and recent fossil-unit retirements as evidence of ongoing transition, and asked the committee to defer the bill and leave oversight to the PUC. The committee also heard HB 879 on cesspool conversions, which would raise the maximum grant from $20,000 to $30,000 and add DOH positions; DHHL, DOH, environmental groups, Hawaii Realtors, and others supported it, while DOH discussed staffing needs and the practical effect of the higher grant cap. The committee also began HB 379 on requiring denitrification capacity for certain wastewater systems near shorelines or groundwater, with DLNR testifying in support.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 05/07/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • to state government requiring payment to state government requiring payment transparency<00:09:56.880
  • The ability for these investors to gobble up homes with cash payments hours after they go on the market
  • hours after they go on the payments hours after they go on the market<00:21:47.120> means<00:
  • President, this is the payment transparency bill, and one of our members was out of the chamber.
  • and public payment transparency and public contracts. contracts. contracts.
Keywords: 918, senate, all
Summary: The Senate opened with a call of the Senate, prayer, and the Pledge of Allegiance, then established a quorum and moved to messages from the House. The chamber received several House-passed Senate files, including SF 2814 (real estate appraisers), SF 3637 (transportation), and SF 4244 (technical corrections), and took up SF 1714 on payment transparency and public contracts. The Senate concurred in the House amendments to SF 1714, advanced it to third reading, and then passed the bill 65-0. The Senate also received House amendments to SF 3432 on public safety, but instead of concurring, it voted to send the bill to a five-member conference committee. The Senate likewise agreed to a conference committee request on HF 4188, a commerce bill dealing with consumer protections for insurance and financial products. The Senate then handled additional House messages and routine business, including first reading of several House files and adoption of committee reports. A committee report on SF 453, relating to thermal energy networks as public improvements and water works, recommended amendment and passage under Senate Concurrent Resolution 6, and the report was adopted except for the referenced resolution item. The chamber also completed second readings of several Senate bills and one House bill, and approved a motion to withdraw SF 4464 from the Committee on State and Local Government and return it to the author. The main floor debate centered on HF 1141, the housing finance and policy omnibus. Senator Port described the bill as focused on affordability, including $50 million in housing infrastructure bonds, greater Minnesota infrastructure grants, manufactured housing protections, limits on large institutional investors buying single-family homes, and increased oversight of the Minnesota Housing Finance Agency. The Senate adopted several amendments, including a technical A12 amendment, A7 to dedicate $5 million of bonding to manufactured home park improvements, and A4 on manufactured housing protections such as rent receipts and longer move-out time after eviction. Senator Abler then offered A14, which would limit rent increases in certain non-market-rate, tax-credit housing for seniors to CPI-based increases; supporters framed it as a humanitarian measure for elderly residents facing steep rent hikes, while opponents raised concerns about rent control, the scope of the amendment, and the need for more detail. The transcript ends during continued debate on A14, with no final vote shown on that amendment.
MN

Minnesota 2025-2026 Regular Session

Committee on Commerce and Consumer Protection - 03/10/26

Commerce and Consumer Protection

Transcript Highlights:
  • In fact, what happens is you drive people to other forms of payment where there's no way to recover it
  • <01:18:36.440> where<01:18:36.640> there's to other forms of payment where there's
  • Their next suggestion was a $900 payment until our bill was paid off. We also couldn't do that.
  • Their next suggestion was a $900 payment Their next suggestion was a $900 payment until<01:28:23.040
  • ecosphere and and changing payment ecosphere and and changing consumer<01:53:29.200> sentiment.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Working Group on Omnibus K-12 Education Bill - 06/02/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • to be paid on the K12 aid payment to be paid on the K12 aid payment schedule.<01:42:07.119> These
  • on distribution of aid and the K12 uh on distribution of aid and the K12 uh aid<01:42:33.679> payment
  • aid payment aid payment shift.<01:42:35.600> Section<01:42:36.080> four<01:42:36.639
  • aid statutes and the aid payment aid statutes and the aid payment schedule<01:42:47.600> uh
  • schedule this time for aid payment schedule this time for developmental<01:43:00.320> screening
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

Committee on Finance - 04/29/25

Finance

Transcript Highlights:
  • There is, you'll notice, a payment in fiscal year 2026 of about $2.4 million.
  • So, the bill would maintain that fiscal year 2025 final payment. fiscal year 2026 of about $2.4 million
  • the second year to adjust for payment the second year to adjust for any<01:07:10.240> changes
  • payment for fiscal year 2025. payment for fiscal year 2025.
  • This money is deposited into the special revenue fund, and payments are made from there.
Keywords: 1187, senate, all
TX
Transcript Highlights:
  • And so we want to thank you for the July 1st start date of payments going into the ESA account.
  • And so we want to thank you for the July 1st start date of payments going into the ESA account.
  • School vouchers and public payments for private schooling often come as direct payments or tax credits
  • Our recapture payments sure keep going up.
  • The four quarterly payments should be June, September, December, and March. Thank you. Ms.
Summary: The Senate Committee on Education K-16 convened with a quorum, adopted its committee rules, and heard opening remarks from members introducing staff and outlining priorities for the session. Members from both parties emphasized education as a major issue, while several Republicans framed the committee’s work around school choice and parent empowerment. Senator West and other Democrats stressed protecting public schools, listening to Texans, and considering the effects of vouchers or education savings accounts on school districts and communities. Chairman Creighton laid out Senate Bill 2, the Texas Education Freedom Act, describing it as a universal education savings account program modeled on similar programs in other states. He said the bill would provide about $200 million for a universal eligibility pool and additional funding for students with disabilities and lower-income families, with priority weighting for former public school students. He also highlighted anti-fraud measures, vendor pre-approval, criminal background checks, cybersecurity protections, annual testing requirements for participating students, and the use of the Comptroller rather than TEA to administer the program. Creighton repeatedly said the bill is not a voucher and argued it would not take money from public schools, which he said would receive separate historic funding increases. Members questioned Creighton about the 500% of federal poverty line definition, the adequacy of the $10,000 ESA amount, whether the program would favor students already in private school, how microschools and homeschool pods would fit, and whether the bill protects religious liberty and private-school autonomy. Democrats raised concerns about disability protections, 504 students, foster children, public-school funding, open records, and the historical context of vouchers. Republicans generally supported the bill as a way to expand options for parents and students, while also asking about administration, fraud prevention, and data security. After member questions, the committee began invited testimony, with EdChoice President Robert Inlow presenting in support of SB 2 and citing the growth and reported success of school choice programs nationwide.
MO

Missouri 2026 Regular Session

Crime and Public Safety May 5th, 2026

Crime and Public Safety

Transcript Highlights:
  • There will be no changes in their pension systems as far as the payments.
  • There'll be no changes in their pension system as far as the payments that they're receiving. St.
Keywords: 959, house, all
MO

Missouri 2026 Regular Session

Crime and Public Safety May 5th, 2026

Crime and Public Safety

Transcript Highlights:
  • There will be no changes in their pension systems as far as the payments...
  • There'll be no changes in their pension system as far as the payments that they're receiving. St.
Summary: The Committee on Crime and Public Safety met in executive session with a quorum present and considered three measures. For Senate Bill 1652, members adopted a House committee substitute that clarified the bill’s language about creating an office within the Department of Public Safety rather than targeting women and girls directly. The bill, which relates to missing and trafficked women and girls, was then reported do pass by a vote of 12-1, with one member voting no because the bill was not all-inclusive enough for their preference. The committee next took up Senate Bill 1572, a retirement-related measure affecting the St. Louis Police Board and the St. Louis City teachers’ retirement system. Testimony explained that the substitute staggered board appointments, addressed quorum issues after board expansion, clarified overpayment recovery and refunds for small accounts, and made related retirement-system cleanup changes without altering benefit payments. The House committee substitute was adopted and the bill was reported do pass unanimously, 16-0. Finally, the committee considered House Bill 3533, which was amended to remove sports betting language and focus on increasing the riverboat admission fee from $2 to $5.50. Members discussed the fee increase as overdue and noted the revenue distribution to veterans and developmental disability funds, while one member argued the increase was too large and another noted operators could pass the cost to consumers. The House committee substitute was adopted, and the bill was reported do pass by a vote of 9-7, with one member present.
NH

New Hampshire 2025 Regular Session

Senate Transportation (10/23/2025)

Transportation

Transcript Highlights:
  • move right on along to House Bill 321, requiring the Division of Motor Vehicles to extend a fine payment
  • House Bill 321, requiring the Division of Motor Vehicles to extend a fine payment period for certain
Keywords: 1191, senate, all
MA

Massachusetts 2025-2026 Regular Session

Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 01:00 pm

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • which is a community not-for-profit hospital down on the South Shore, to become eligible for relief payments
  • Failing to include them as eligible for these relief payments, I believe, is a disservice to this hospital
  • Tarr, distressed hospital payments. Question comes on adoption.
Keywords: 995, all
Summary: The Senate considered a series of amendments to a supplemental appropriations bill and related measures, with several adopted and several rejected or withdrawn. Early amendments on equitable approaches to public safety and a Holyoke local account clarification failed, while amendments providing $2.5 million for Massachusetts League of Community Health Centers technical assistance and expanding access to gender-affirming medications and mifepristone were adopted. The chamber also adopted a technical amendment on alternative protein grants, a clarification to ETF modernization, and an energy storage systems amendment. Other proposals on homeowner protections, La Casa funding, emergency contract reform, an energy dashboard, EV charging ratepayer impacts, hate crimes, distressed hospital payments, and task force membership were rejected or withdrawn. A substantial portion of the debate focused on health care, food assistance, and public safety. Senators spoke in support of funding for community health centers, hospital relief, and EBT anti-skimming protections, including $15.5 million for chip-enabled EBT cards and related replacement-benefit support. One amendment to strengthen protections against impersonating federal officers was rejected, while another on professional protections was withdrawn after discussion of ballot address privacy and security concerns. The Senate also adopted amendments to continue prior appropriations for a North Shore food pantry and drought management efforts, and it later approved a sick leave bank for a Department of Mental Health employee. The chamber then took up the fiscal year 2025 fair share supplemental budget conference report, which Ways and Means described as $1.39 billion in spending split between transportation and education, including MBTA improvements, Chapter 90 aid, regional transit authorities, special education circuit breaker reimbursements, higher education deferred maintenance, and career technical education capital grants. After a roll call, the bill passed, with one recorded negative vote. The Senate also adopted a separate Ways and Means amendment and ordered the bill to third reading before final passage. The session ended with adjournment motions and a moment of silence honoring Melissa and Mark Hortman and other victims of political violence, along with a memorial adjournment for firefighter Jeffrey DeSanchez.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Financial Services Jun 21st, 2026 at 10:00 am

Joint Committee on Financial Services

Transcript Highlights:
  • Currently, the GIC determines plan design, deductibles, co-payments, tiering, and premium rates effective
  • protections and everything else, you can envision a situation where consumers opted in, they missed the payment
  • They missed the payment, something occurred, the policy gets canceled.
Keywords: 995, all
Summary: The Joint Committee on Financial Services heard testimony on a wide range of insurance-related bills. Topics included public adjusters (H. 1100/S. 785), electronic cancellation notices (H. 1123/S. 701), insurance rebates and loss-mitigation devices (H. 1233), flood hazard determinations (H. 1087 and related flood bills), organ donor insurance protections (H. 1248/S. 727), mental health parity in disability policies (S. 780), motor vehicle service contracts (H. 1139/S. 812), modernization of business-to-business insurance transactions (H. 1105), and a bill changing the GIC withdrawal notice deadline (H. 1150). Committee chairs set a three-minute testimony limit and heard from legislators, industry representatives, advocates, and affected consumers. Testimony on public adjusters was sharply divided. Insurance agents and property-casualty industry representatives argued that bills barring insurers from prohibiting public adjusters would interfere with policy terms, while public adjusters and several consumers described cases where adjusters helped secure substantially higher settlements and said some surplus lines policies already contain anti-public-adjuster endorsements. On electronic notices, the insurance industry supported consumer opt-in email communications, while agents warned that email-only cancellation notices could cause consumers to miss cancellations. On rebates/loss mitigation, insurers supported allowing risk-mitigation devices outside the policy to encourage innovation, while agents opposed the bill as an improper inducement. Flood-related bills drew opposition from insurers who said flood determinations are complex and federally governed. The committee also heard strong support for organ donor protections from a kidney transplant recipient and the American Kidney Fund, who said the bill would prevent insurance discrimination against living donors and could encourage more donations. On disability parity, a disability insurance specialist opposed S. 780, arguing that mental health limitations are a consumer choice that helps keep coverage affordable, while the bill’s sponsor said it would prevent unequal limits on behavioral health claims. The committee also heard support for H. 1139/S. 812 from the service contract industry, and support for H. 1105 from APCIA as a modernization measure for specialty commercial lines. No votes were taken; after testimony concluded, the chairs closed the hearing.
LA
Transcript Highlights:
  • settlement is another one where we make a calculation based on when we finally know what the final annual payment
  • We were always going to have withholdings happen first, and then payments with returns were going to
  • And in June, so what we have is you have declaration or estimated payments that we’re mandating corporations
Summary: The Revenue Estimating Conference met with four members present and first approved the prior meeting minutes and recognized the FYI end-of-balance of $577,077,871 as nonrecurring revenue. The main business was revising the state revenue forecast for FY 2026, FY 2027, and the long-range outlook. The Division of Administration recommended a $113 million reduction to the FY 2026 State General Fund forecast and a $104 million reduction for FY 2027, citing weaker-than-expected individual income tax collections, softer corporate income tax receipts, and some weakness in general sales tax, partly offset by stronger motor vehicle sales tax and higher mineral-related revenues tied to oil prices. The Legislative Fiscal Office presented a somewhat different but broadly similar forecast, with modest net increases to the general fund bottom line in the current year and next year, emphasizing caution on income and corporate taxes and more optimism on sales, severance, royalties, and some other revenue streams. A substantial portion of the discussion focused on the causes of the income tax shortfall, especially withholding and refund patterns after tax changes that lowered rates. Department of Revenue officials explained that withholding tables had been set with a cushion that may be producing larger refunds, and said changing the tables could quickly reduce overwithholding, though the effect would take time to show up. Members also discussed corporate collections, the lingering effects of the franchise tax repeal, the role of settlements and audits, and the extent to which collections are voluntary versus enforcement-driven. The Department of Revenue said corporate collections still had key filing and estimated-payment milestones ahead in May and June, and that refund and audit activity related to the former franchise tax would continue for some time. The conference then adopted the Division of Administration’s FY 2026 forecast, the FY 2027 recurring forecast, and the long-range forecast, along with the proposed inflation rates for the Millennium Trust and parish severance allocation. Members also adopted the incentive expenditure forecast, noting that the reported amount is only the REC-reported portion and that larger tax exemption amounts come off the top before appropriations. The Treasurer reported a General Fund cash balance of about $404.1 million as of May 5, 2026, and an interfund borrowing base of about $9.18 billion, saying cash levels were similar on average to the prior year. The meeting ended with a note that another REC meeting might be needed depending on the May 16 election, and the conference adjourned without objection.