Transcript Highlights:

• floor coverings, it's not financeable. floor coverings, it's not financeable.
• So, there's a it's not financeable.
• To finance. To finance. So, uh, can we talk about targets? Is this Yes.
• >> To<01:10:14.160> finance. >> To finance. >> To finance.
• >> To<01:10:15.360> finance. >> To finance. >> To finance.

Keywords: 1187, senate, all

Transcript Highlights:

• And then now under construction is a helipad capable of landing Florida National Guard helicopters, to
• Demis is more than just a grant or a finance system.
• Demis is more than just a grant or a finance system.
• We did request funding last year to complete and finish the buildout of our complete finance section
• So there is kind of a direct correlation between the finance piece and the Palm piece.

Summary: The committee first heard a presentation from Major General James Hartzell of the Florida Department of Veterans’ Affairs on the agency’s outreach, benefits assistance, and state veterans nursing homes. He highlighted Florida’s large and growing veteran population, the decline in World War II and Vietnam-era veterans, and the increase in post-9/11 veterans moving to the state. Hartzell discussed the state veterans nursing home system, including a new Collier County facility that will include skilled nursing, assisted living, adult day health care, and outpatient therapy, and he said the department is also studying future adult day health care expansion and possible additional homes in underserved areas. He also reported on the dental program funded by the Legislature, saying 245 veterans were served in the first quarter of the fiscal year, with 1,631 procedures completed and more than $525,000 in savings, and he credited the added state veterans service officer positions with helping connect more veterans to benefits. Hartzell also noted a 13% year-over-year reduction in homeless veterans, emphasized mental health outreach through SaveFLVets.org and the Overwatch program, and announced a new deputy executive director, retired Colonel D.J. Reyes. Members asked about the need for additional veterans homes in South Florida, the criteria used to site new homes, the homeless veteran reduction, and whether adult day health care could be added at existing facilities. Hartzell explained that federal criteria focus on the availability of private skilled nursing beds for veterans 65 and older, and that adult day health care is state-funded and being studied for broader deployment. He also said the department tracks where homeless veterans are concentrated and works with local partners and organizations like Tunnels to Towers to provide housing and services that reduce recidivism. The committee also discussed Florida’s national reputation for veteran support, including Veterans Month and the state’s culture of veteran awareness. The committee then received a presentation from Kevin Guthrie, Executive Director of the Florida Division of Emergency Management, on disaster response, recovery, and technology systems. Guthrie described the State Emergency Response Team, the new Florida Central Operations and Coordination Office in Auburndale, and the new State Emergency Operations Center in Tallahassee, which is expected to be fully operational by spring 2026 and will significantly expand capacity and hardening. He reviewed recovery efforts for Hurricanes Helene, Milton, Debbie, Idalia, Ian, Irma, Michael, Dorian, Sally, Nicole, and others, including sheltering, travel trailers, debris removal, and FEMA reimbursement totals. Guthrie said Florida removed more than 31.6 million cubic yards of debris from Helene and Milton in 90 days on a 24/7 basis, and he described Elevate Florida, the Florida Recovery Obligation Calculation (FROC), the DEMES platform, and WebEOC as tools to streamline recovery, mitigation, and intergovernmental coordination. Members asked about flood-response resources for cities, the state’s use of pumps and mutual aid, and lessons learned from inland flooding after Milton. Guthrie said local governments should first use county and city mutual aid, then request state assistance when needed, and he encouraged more partnerships for staging and maintaining flood equipment. He also said future flood mitigation must address outdated development patterns, watershed flow, and the need for better drainage planning, while continuing temporary fixes and homeowner assistance programs. The committee ended with no votes or formal actions beyond adjournment.

Transcript Highlights:

• Demies is more than just a grant or a finance system.
• Demi's is more than just a grant or a finance system.
• We did request funding last year to complete and finish the buildout of our complete finance section
• So there is kind of a direct correlation between the finance piece and the Palm piece.
• But we are certainly looking forward to POM and then looking forward to integrating our finance piece

Summary: The committee first heard a presentation from Major General James Hartzell of the Florida Department of Veterans’ Affairs on the agency’s mission, outreach efforts, state veterans nursing homes, and support programs. He highlighted Florida’s large and growing veteran population, the state’s existing nursing homes and the planned 10th home in Collier County, and the department’s dental assistance program, which served 245 veterans in the first quarter of the fiscal year and completed 1,631 procedures while saving more than $525,000. He also discussed veteran service officers, the benefits guide, the department newsletter, efforts to reduce veteran homelessness, and mental health outreach through the Overwatch/Firewatch program. Senators asked about future nursing home locations, adult day health care, homelessness, and the dental program; Hartzell also announced that retired Colonel D.J. Reyes will become deputy executive director on November 7. The committee then heard from Kevin Guthrie, Executive Director of the Division of Emergency Management, on disaster response, recovery, and agency modernization. He described the State Emergency Response Team, the new Florida Central Operations and Coordination Office warehouse in Auburndale, and the new state emergency operations center in Tallahassee, which is ahead of schedule and designed to hold about 220 people and withstand 200-mph winds. Guthrie reviewed recovery efforts for recent storms, including debris removal, volunteer villages, sheltering, and FEMA reimbursement totals for Hurricanes Milton, Helene, Debbie, Idalia, Ian, and earlier storms. He also discussed the Elevate Florida home-elevation program, the Florida Recovery Obligation Calculation training initiative, the DEMES platform, and WebEOC, noting that 60 counties and 22 colleges and universities are using the system. Members asked Guthrie about flood-response resources for cities, training for local officials, and lessons from inland flooding after recent storms. He explained how local governments can request pumps and other assistance through county and state channels, described upcoming elected-official training, and emphasized mutual aid and EMAC as key future disaster-response tools. The committee took no formal votes or other legislative action and adjourned at the end of the meeting.

Transcript Highlights:

• One is the House Finance Division II recommended changes to House Bill 1 and 2.
• The next document is the House Finance Division II agency House Bill 2 draft requests.
• the top of your piles the house finance the top of your piles the house finance recommended<00:12
• Oh, right, sorry, I forgot we have the full finance committee session, Mr.
• 48 okay I will um declare the finance 48 okay I will um declare the finance division<01:50:23.440

Keywords: 1189, house, all

Summary: The Finance Division II work session focused on organizing the committee’s remaining budget work and reviewing a set of recommended changes to House Bills 1 and 2. Mr. Landrian explained the committee’s tracking sheets and draft amendment package, noted that the division was being asked to find roughly $200 million in reductions, and said the governor’s lottery proposal in House Bill 2 could help offset part of that target. Members also discussed how revenue estimates tied to fee changes would be handled, with the chair saying the committee could seek Ways and Means input but would ultimately decide the estimates itself. The committee then considered four mostly technical amendments to House Bill 2. It voted unanimously to delete Section 81, which duplicated CCSNH dual and concurrent enrollment language already moving in House Bill 192; to delete Sections 143 and 144, which duplicated police standards and training extra-duty language already in House Bill 778; to adopt a correction to Section 151 that removed an inadvertently repeated sentence; and to delete Section 178 because the same Lottery Commission language already appears in House Bill 1. The committee also agreed to approve Section 4 of House Bill 1, the Lottery Commission boilerplate language, while deferring action on Section 2 of House Bill 1 until the university and community college budget is settled. A substantial portion of the meeting was spent planning upcoming work sessions and discussing possible revenue measures. The committee planned to invite Fish and Game on Monday to review a large set of follow-up materials and to discuss a possible amendment requiring hunters and trappers to pay the license fee before taking free training classes, with a second chance to retake the class if needed. Members also discussed possible fee adjustments for Safety and Fish and Game, including using dedicated-fund fees to reduce reliance on general funds and help stabilize the Highway Fund and Fish and Game Fund. The chair emphasized that all actions were recommendations until the committee’s final deadline and encouraged members to review draft language carefully before voting.

Transcript Highlights:

• Department of Finance.
• Department of Finance.
• The Department of Finance. Kia Chow, Department of Finance.
• Department of Finance: KHI, Department of Finance.
• Department of Finance? Kayla Knott, Department of Finance, nothing to add. LAO?

Keywords: 988, house, all

Transcript Highlights:

• I'd like to call to order the meeting of the Health and Human Services Finance and Policy Committee.
• It would come out of the Education Finance jurisdiction budget. Any other questions?
• finance committee. Any other questions? finance committee. Any other questions?
• education finance. education finance. >> Thank<01:48:01.440> you.
• Minnesota hospital construction Minnesota hospital construction moratorum<01:49:09.920> so

Keywords: 1187, senate, all

Transcript Highlights:

• By establishing high quality standards for construction and operation, this bill will help make Texas
• Those are things that can be done most efficiently at the time of design and construction.
• We're dealing with moratoriums on residential construction, which can last not 90 days, but 120 days
• This could lead to a city with water concerns halting the construction of new homes while allowing a
• water intensive commercial construction use, such as a car wash to begin being built and operate.

Bills: HB24

Keywords: groundwater, conservation, water permits, sustainability, resource management

Transcript Highlights:

• We gave it in September to the Tax Reform and Relief Committee, March to Government Finance.
• She's our statewide construction manager.
• Remains have been located there before in past construction projects.
• Construction has begun with site work and underground utilities underway. We will see.
• The last item on here is just an update on the school construction loan program.

Summary: The Budget Section Leadership Division met with a quorum present and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity, which described North Dakota production as holding steady around 1.1 to 1.2 million barrels per day despite lower prices and market volatility. The presentation emphasized that efficiency gains, longer laterals, and improved completion technology are allowing operators to sustain output while activity shifts north in the Bakken. Members asked about gas taxation, natural gas liquids, flaring, and enhanced oil recovery; the witness said gas is taxed by volume, most liquids are handled through oil lines or gas processing, and the state’s EOR pilot projects and new gas infrastructure are intended to help hold production flat and expand future recovery. The committee then received a presentation from the Tax Department on the federal “big beautiful bill” and its effect on North Dakota income tax collections. The department explained that most of the federal changes were extensions of existing Tax Cuts and Jobs Act provisions, but several items — including the larger standard deduction, senior deduction, tip and overtime exclusions, auto loan interest deduction, and business expensing changes — affect state collections. Revised estimates showed a smaller-than-expected impact on individual income tax, with the department suggesting a net cash effect in the range of roughly $30 million to $35 million when business and individual effects are combined, plus a possible one-time distortion from large oil-field transactions in fiscal year 2025. Members asked which provisions apply to standard versus itemized returns, and the department clarified that most of the individual provisions apply broadly, while the SALT-related item is itemizer-specific. OMB then reported on major capital projects and facility funding. Updates included Capitol grounds improvements such as 18th-floor renovations, wayfinding, augmented reality displays for the Rough Rider Hall of Fame, tree management and lighting studies, and restroom and parking reconfiguration in the tower. OMB also described security upgrades at the governor’s residence, where human remains were discovered on site and are being handled with historical and legal review. The state hospital project in Jamestown remains on schedule for substantial completion in winter 2027 and opening in spring 2028, with costs currently estimated a little over $292 million and a line of credit expected to be drawn in April 2027. The North Central State Office Building in Minot is under construction, with a $5.6 million line of credit already accessed. OMB also reported on the State Facility Maintenance Fund, noting about $1.1 million spent so far on projects such as the Liberty Memorial Building roof and foundation work, Capitol window replacement, boiler replacement, and kitchen remodeling. Finally, Legislative Council staff reviewed the interim compliance report on legislative intent and state trust funds. The report highlighted the status of multiple lines of credit, including those for the state hospital and Minot office building, and noted that the executive budget will likely need to include repayment planning for about $350 million of expected outstanding balances. Other updates included the Bank of North Dakota profit transfer schedule, litigation pool spending, the new Office of Guardianship and Conservatorship, the Missouri River Correctional Center planning effort, HHS items such as FMAP and child care assistance, Job Service’s unemployment insurance modernization project, and DPI school aid turnback estimates. No formal votes were taken beyond approval of the minutes.

Transcript Highlights:

• They've posted a bond for wages owed in car wash, in garment, in construction, in agriculture.
• We see that bonds are very effective in construction, where the State Contractors' Licensing Board posts
• Like if you have ever financed a car, that's a lien.
• The company that financed that car could force the sale of your car and recover what they're owed, right
• Here in California, we've actually had one in the construction sector forever, like since the first California

Summary: The Assembly Committee on Labor and Employment held a review hearing on SB 588, focused on wage theft enforcement and whether the law’s tools are working as intended. Committee members emphasized that wage theft is a major and under-enforced form of theft in California, citing large backlogs in wage claims and long delays that can leave workers waiting years for payment. The hearing was framed as oversight of the Labor Commissioner’s enforcement authority and a discussion of whether additional tools or funding are needed to improve collections and deter bad actors. Witnesses from UCLA, worker advocacy organizations, and legal aid described SB 588’s main enforcement mechanisms, including liens, levies, stop-work orders, successor and individual liability, and the ability to pursue upstream entities in fissured industries. They argued these tools have improved settlement leverage and recovery rates, especially in janitorial and property services cases, and gave examples involving Tesla, Cheesecake Factory, Optum, and grocery and care-home employers. At the same time, they said the law is less effective in industries like residential care, where employers often transfer assets or change ownership before judgments are collected, and they urged changes such as broader prejudgment lien authority, more license-revocation power, and additional staffing for the Judgment Enforcement Unit. Worker testimony highlighted the human impact of delayed or unpaid wages. A care worker described being underpaid, denied pay for breaks and off-the-clock work, and facing intimidation when filing claims. Marta Lepe Martinez said she was owed more than $300,000, waited more than three years for a hearing, and still had not recovered any money despite a judgment and a lien on property. Another worker advocate explained that SB 588 helped identify responsible individuals and businesses earlier, increasing the chance of recovery, but said more resources and faster enforcement are still needed. Labor Commissioner Lilia Garcia-Brower said SB 588 has significantly improved collections, reporting that the Judgment Enforcement Unit has recovered $125 million since enactment and that first-year recovery rates have risen from 17% to 46%. She said the agency is using liens, levies, stop orders, and individual liability more aggressively, but acknowledged that the tools are limited when employers are undercapitalized, hide assets, or transfer property before judgment. She supported the need for more staff and continued legislative investment. Public comment from SEIU California also backed SB 588’s framework and encouraged focusing enforcement on bad actors and expanding the law’s reach.

Transcript Highlights:

• Welcome, everybody, to our afternoon session of the Government Finance Committee.
• He said his comments to the Government Finance Committee.
• , there were a few industries that had an increase in taxable sales and purchases, those being construction
• wanted to chime in on the discussion because I think it's ultimately, in my mind, we're taking construction
• So I know that's an issue, but to me it just doesn't make sense that we lose putting money into construction

Keywords: 908, all

Transcript Highlights:

• Audits on construction projects of a public work are subject to the Texas Prompt Pay Act, and audits
• I am a construction lawyer who practices in this area, and I'm here really for any questions you have
• leases... to include payment and performance bonds, as well as a 90-day notice before commencing construction
• reducing redundancy in reporting, and aligning oversight under the most appropriate parts of the finance
• It provides clear instruction on how the governance of a protocol and the construction of a compliant

Bills: HB111

Keywords: 1185, senate, all

Transcript Highlights:

• support thank you Hawaii Housing Finance support thank you Hawaii Housing Finance and<01:36:06.560
• We'll move on to the next bill: Senate Bill 299, SD2. yeah Finance okay well I mean I I think yeah Finance
• HD1 we have the Hawaii Housing Finance HD1 we have the Hawaii Housing Finance and<02:00:38.119><
• from Department of budget and finance from Department of budget and finance support<02:23:53.880
• fine you know this is the finance fine you know this is the finance committee<02:59:15.920> but

Keywords: 910, house, all

Transcript Highlights:

• It's three years for construction, and Ag was amenable to go ahead and extend that deadline to allow
• for the design and construction of that facility for Broward County.
• for the design and construction of that facility for Broward County.
• Today, most consumers manage their auto finance accounts online. Nine nays, Mr. President.
• Today, most consumers manage their auto finance accounts online.

Summary: The Senate convened with an opening prayer, pledge, and several introductions recognizing visitors, students, local officials, and professional groups in the gallery. The chamber then took up a report from the Ethics and Elections Committee confirming 42 executive appointments; the report was adopted by a vote of 36-0. The Senate also adopted a resolution honoring the Ripple Project for childhood cancer awareness and funding. The bulk of the meeting was spent on special-order bills, many of them open-government sunset review measures and policy bills. The Senate passed bills preserving or updating public records exemptions for aquaculture records, trade secrets, and cybersecurity information; a child-abuse reporting statute of limitations bill; a commercial driving schools bill; a human trafficking training requirement for nursing graduates; a new injunction for protection against serious violence by a known person and its companion public-records bill; a nature-based coastal resiliency bill with an amendment restricting dredge-and-fill in Terra Ceia Aquatic Preserve; a chiropractic patient-funds bill; specialty license plate legislation; a one-time waiver for late financial disclosure fines; public school personnel compensation changes; the Florida Farm Bill with amendments protecting Everglades lands and technical corrections; homestead exemption clarification for long-term leaseholders; disability presumption clarifications for firefighters and law enforcement; reinsurance intermediary manager conformity changes; patriotic displays in public schools; ADS-B aviation fee restrictions; autism-related law enforcement training and a blue envelope program; public post-secondary safety policy requirements; and a bill allowing licensed agents to market health care sharing ministries. Several bills were temporarily postponed, including local vessel restrictions, temporary certificates for practice, and domestic animals. Members debated a number of measures, especially the health care sharing ministries bill, where opponents raised consumer-protection and commission concerns and supporters argued for free speech, religious liberty, and expanded consumer choice; it passed 32-5. Other debated bills included the autism law enforcement bill, the school athletics bill addressing coach support for student-athletes, and the Farm Bill, where senators discussed surplus land safeguards and biosolids timing. Most bills passed overwhelmingly, often 37-0 or 38-0, with a few closer votes such as the patriotic displays bill (36-2) and the health care sharing ministries bill (32-5).

Transcript Highlights:

• This is our maintenance dashboard, and we also rolled out one for construction projects late last year
• So budgetary expenses, the construction dollars that we have, so the projects that we let to contract
• is completed, that purchase is done, we'll move the necessary utilities and then take bids for construction
• And, you know, we have to consider and contemplate innovative financing methods.

Summary: The committee received a report from Director Wiley of the Arkansas Department of Transportation on a series of routine and quarterly items, including the closeout of the department’s efficiency review. Wiley said all five remaining recommendations from that review had been implemented, highlighted a new public maintenance dashboard on the agency website, and reported four surplus properties sold since the last meeting. He also noted that ARDOT had obligated $3.14 billion in Infrastructure Investment and Jobs Act funding to date and reviewed the annual expenditure report tied to 2019 revenue changes, which funded $98.7 million in maintenance projects last year. Members asked about the balance between maintenance and new construction, with Wiley saying about 75% of construction dollars go to maintaining the existing system and that ARDOT’s overall spending is overwhelmingly focused on upkeep because of the size of the state highway network. He also discussed major projects and corridor priorities, including Interstate 57 and Highway 5 work in Lonoke County, Interstate 49 public meetings, passing-lane improvements on Highway 412/62 in north central Arkansas, Highway 82 widening in south Arkansas, and long-range plans to widen Interstate 40, possibly including a toll study. On the Toad Suck Bridge flood mitigation project, he said the design had been revised to reduce public impacts and would not require a long-term bridge closure. The committee also discussed safety and enforcement tools in work zones. Wiley said new work-zone cameras and cell phone detection tools were being used on projects such as I-30, I-57, and I-49, mainly to improve safety rather than issue citations. In addition, he said ARDOT spends about $8 million annually on litter control and is expanding anti-litter efforts, including a spring cleanup day involving more than 2,500 operations employees and some office staff. He also announced agency initiatives on human trafficking awareness training for field and office staff and the Street Smart education program for middle school students, with plans to expand it to high school content next year. No votes were taken, and the meeting adjourned after the director’s presentation and member questions.

Transcript Highlights:

• executive subcommittee met yesterday and approved a waiver request for cooperative purchasing construction
• executive subcommittee met yesterday and approved a waiver request for cooperative purchasing construction
• The Revenue Subcommittee met on Tuesday and reviewed methods of finance, one alternate delivery construction

Summary: The meeting opened with prayer, approval of the prior minutes, and a monthly revenue report from the Bureau of Legislative Research. The report showed gross general revenue collections up year to date and net general revenue above forecast, with the increase attributed in part to income tax growth, a fiscal-year shift, and lottery-related collections. Members asked no questions, and no action was required on the revenue report. Several subcommittee reports were then presented and adopted, including executive, administrative rules, game and fish/state police, hospital/Medicaid/developmental disability, occupational licensing, PEER, revenue, state insurance programs, and personnel. The executive report noted a waiver request for Jackson County School District construction services and an audit with no findings. The administrative rules report covered agency directives, rulemaking updates, and a few rules pulled for later consideration. The revenue subcommittee held one District 4 tire removal contract until its next meeting, while the state insurance subcommittee reviewed the EBD contract with Boston Consulting Group and approved pharmacy formulary and drug recommendations. A substantial portion of the meeting focused on the State Insurance Department’s examination of pharmacy benefit managers, especially Navitus Health Solutions. Commissioners and staff explained that Navitus objected to producing certain claims data for self-funded plans, raising an ERISA preemption argument, and that the matter was being set for an administrative hearing, likely in April. Members questioned compliance, due process, and the implications of the objection, while the department said the state initiated the examination and was continuing to seek resolution. The committee also reviewed an Arkansas Teacher Retirement System agreement, with one member noting a potential conflict and abstaining. The meeting ended after members reviewed additional reports with no further action and adjourned.

Transcript Highlights:

• a lot of institutional knowledge on conducting the grant program, particularly related to some construction
• That's a financing tool offered.
• Sorry, Davini, Executive Director of the Texas Public Finance Authority.
• I'm Billy Atkinson, I'm Chair of the Board of Directors of the Texas Public Finance Authority and with
• In addition to closing project financing since 2014, TPFA has proactively and independently executed

Keywords: 1184, house, all

Transcript Highlights:

• Joe graduated from Boston College with a degree in finance.
• He earned his MBA in finance and economics from the University of Chicago Booth.
• In 2003, I founded the Walsh Company, led it to become a recognized leader in construction and development
• I look forward to working constructively, engaging on the issues that are contributing to the tensions
• To, you know, trying to help both the United States and the Dominican Republic play a constructive role

Keywords: diplomatic nominations, foreign policy, ambassadors, U.S.-European relations, Bilateral relationships, security, trade

Summary: The meeting focused primarily on diplomatic nominations, featuring discussions about the implications of these roles on U.S. foreign policy. Notable was the introduction of nominees for key ambassadorial positions, including ambassadors to the Dominican Republic, France, and the Netherlands. Senator Shaheen emphasized the importance of U.S.-European relations, particularly in light of current global challenges, while other members voiced their concerns regarding the nominees’ qualifications and the impact on bilateral relationships. Public support for these nominations was evident, as was the committee's commitment to fostering stronger connections with allied nations, particularly in addressing security and trade issues.

Transcript Highlights:

• One that is really of my construction, so I'll focus on that one.
• so I'll focus on of my construction, so I'll focus on that<00:35:45.600> one.
• finance. All those in favor say I. I. finance. All those in favor say I. I.
• <01:40:36.840> Thank<01:40:37.080> you, pass and referred to finance.
• Thank you, pass and referred to finance. Thank you, Senator<01:40:37.480> Clark.

Keywords: 1187, senate, all

Transcript Highlights:

• Everyone from the two finance and tax and ways and means committees to the appropriation staff on both
• This is our revenue source that's most closely related to real estate and construction industry.
• This is our revenue source that's most closely related to real estate and construction industry.
• And going forward, we're expecting to have kind of a construction weakness. expecting to have kind of
• a construction weakness that's built into our forecast.

Summary: The committee met to hear Amy Baker’s presentation on Florida’s constitutionally required long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast reflects slower but still positive economic growth, continued above-average personal income growth, rising wages, and population growth that is increasingly driven by in-migration as Florida’s senior population expands. She highlighted weakening housing-related revenue, especially documentary stamp taxes, softer consumer sentiment, and the expectation that Florida will pass 25 million residents by 2030, with nearly a quarter of the population age 65 or older. Baker said the outlook largely retained the March 2025 general revenue forecast, but the Legislature’s 2025 session actions significantly improved near-term funds available by redirecting or freeing up money, including contingency appropriations and reversions. She noted total state reserves are just under $15 billion, or about 30% of general revenue, and that the budget stabilization fund is at its constitutional maximum. The main spending pressures in the outlook were critical needs, led by a new emergency preparedness and response fund transfer and Medicaid growth driven mainly by medical inflation and behavioral analysis costs in managed care, not by caseload growth. Other high-priority needs were also identified, and Baker said the first year shows a projected surplus, but years two and three show shortfalls, meaning fiscal strategies will still be needed. Members questioned Baker about the accuracy of the forecast, Medicaid managed care costs, the emergency preparedness fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook is a good representation of the total picture, though the Legislature will likely adjust it as conditions change, and that more information on federal changes would come in later estimating conferences. Senator Trumbull asked about the governor’s veto of $750 million, and Baker said it simply returned to unallocated general revenue rather than being spent or added to the budget stabilization fund. The chair closed by warning members to expect a difficult budgeting process and noting that the committee would adjourn without further action.

Transcript Highlights:

• This bill, uh, the goal of House Bill 553 is to allow residential construction, the option of using locally
• Mexico with the opportunity to solve three problems at once by allowing residential and commercial construction
• certifiers for the wood, and then we can hopefully make sure that wood stays local for our own construction
• So it's really up to the builder, construction, whether or not they accept this timber or not.
• collect revenues to fund services that are generally the state's responsibility and are adequate to finance