Transcript Highlights:

• The next set of funds are the rural infrastructure funds.
• The next bucket of funding is rural workforce program funding.
• Visit Florida funding. This is level funding for Visit Florida.
• The next bucket of funding is rural workforce program funding.
• Visit Florida funding. This is level funding for Visit Florida.

Bills: S0048

Committee: Senate Appropriations Committee on Transportation, Tourism, and Economic Development

Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development heard the Governor’s proposed FY 2026-27 budget for the TED silo and presentations from Commerce, Highway Safety and Motor Vehicles, Military Affairs, the State Guard, State, Transportation, and Emergency Management. The Governor’s office outlined a $117.4 billion overall budget, including $18.3 billion for TED agencies, with major allocations for FDOT, Commerce, emergency management, tourism, military affairs, and state operations. Agency heads emphasized priorities such as housing and disaster recovery, workforce and rural infrastructure, law enforcement recruitment, defense support, tourism marketing, aerospace and spaceport investment, election audits, historic preservation, road and bridge maintenance, aviation safety, and emergency preparedness systems. Members asked several questions about the use and effectiveness of funding. Visit Florida officials said the public-private match is essential and that they exceeded the required match last year. Highway Safety and Motor Vehicles discussed trooper pay, vehicle replacement, aviation support, and transparency tools such as vehicle camera systems, with senators praising the department’s recruitment efforts. Military Affairs and the State Guard described readiness, recruiting, facility construction, and support for domestic missions, including hurricane response and perimeter security at the Everglades detention site; questions focused on deployment tempo, staffing, and costs. The Department of State explained funding for automated election audits, a conservation lab, and historic preservation, and said its arts grant changes were intended to standardize scoring rather than cut programs. Transportation highlighted a $15.4 billion total budget, major work program funding, safety initiatives, seaport and aviation investments, and the elimination of Florida Rail Enterprise funding due to reduced documentary stamp revenues. The committee also heard and passed CS/SB 48 by Senator Gates, which requires local governments to allow accessory dwelling units on a voluntary basis, while preserving local authority over setbacks, construction, and permitting. An amendment removed reusable tenant screening reports and clarified that conforming ADUs are allowed by right without separate hearings. The Florida Restaurant and Lodging Association and several industry and business groups supported the bill, citing the need for long-term rental housing for workers. After debate, the committee adopted the amendment and reported the bill favorably by roll call vote.

Transcript Highlights:

• It'll say we have to have it—not the general fund, it'll be in this fund, right? Right.
• a fund.
• To the queen fund? No, the king fund. Oh, the prince's... It's possessive. It's possessive.
• fund...
• Of the fund, not more than 2% of the value of the fund over the past five years. Correct.

Committee: House Special Committee on Intergovernmental Affairs

Summary: The Special Committee on Intergovernmental Affairs held public hearings on three measures. House Bill 2289, sponsored by Rep. Owen, would create a real estate fund to let the state more quickly sell and buy property, with proceeds from sales and other monies deposited for future real property acquisitions. Rep. Owen and Office of Administration witness Hanna-Swan said the current process is too slow and cumbersome, especially when the state needs to consolidate or relocate offices; Rep. Walshmore raised concerns about siloing funds during tight budget years, while supporters said the fund would improve flexibility and efficiency. No vote was taken. The committee then heard House Joint Resolution 189, sponsored by Rep. Wellenkamp, proposing a Missouri sovereign wealth fund, or “Show Me Prosperity Fund.” Wellenkamp argued the state needs a long-term investment vehicle to address infrastructure and fiscal pressures, with the Treasurer investing in private markets under strict controls and the fund eventually replacing tax revenue once it matures. Members questioned the source of initial funding, the investment rules, the audit provisions, and whether the fund could be used for broader state spending; no witnesses testified in opposition or support, and no action was taken. Finally, the committee heard House Bill 2906, sponsored by Rep. Mayhew, which would raise dollar limits for certain Office of Administration construction, renovation, maintenance, and repair contracts and authorize master agreements for architecture, engineering, and land surveying services. Mayhew and OA said the changes would account for inflation and reduce delays by prequalifying vendors for two-year periods instead of repeating the RFQ process for small projects. An engineering industry witness supported the bill as an efficiency measure, and committee members asked about the contract limits, the master agreement structure, and how the numbers were chosen. The hearing concluded without a vote.

Transcript Highlights:

• , federal fund, and other funds.
• </c> federal funds become available to fund federal funds become available to fund 100%<01:19:00.080>
• , other funds, and general funds.
• funds, other funds, and from the federal funds, other funds, and general<01:39:00.880><c> funds.
• </c> general funds 7 million federal funds. general funds 7 million federal funds.

Transcript Highlights:

• Legacy Fund, the Legacy Fund asset allocation...
• Or what's the cost to carry with a fund-to-fund manager?
• Yeah, about 15% for fund-to-funds.
• from the fund.
• funds.

Committee: Joint Legacy and Budget Stabilization Fund Advisory Board

Summary: The committee met with a quorum, approved the October 22 minutes, and received an update on the planned Legacy Fund transparency website. Jody Smith said the site is in contract negotiations after six bidders responded, with a target go-live around November 1 after added security review. The website is intended to provide downloadable, more detailed public information on the Legacy Fund, including historical changes, legislative allocations, and investment breakdowns. Members asked about comparables and data detail, and Smith said North Dakota would likely be the first state to offer this level of sovereign wealth fund transparency. Scott Anderson of the Retirement Investment Office then reviewed Legacy Fund performance through January 31, 2026, describing strong returns, low fees, and the benefits of diversification. He noted that real estate had been a drag on returns, but it is a small portion of the portfolio, and he discussed market effects from geopolitical events, inflation, credit spreads, and private credit. Members also questioned the in-state investment program and the BND CD-Match program. Representative Bosch moved to pause new transfers to the CD-Match program until the bank reports back, and the motion passed on a roll call vote. The committee also agreed to request a cost-benefit analysis from RVK on that change. After lunch, the committee heard from RVK consultant Jim Voidko on the investment policy statement, focused on the in-state investment provisions. He reported that, after interviews with implementers and stakeholders, RVK found no major policy impediments in the current IPS and no strong calls to change the size limits or core guardrails. He emphasized the importance of risk-adjusted returns, diversification, pacing, exit strategies, and governance, and warned that foregone returns or higher spending obligations can pressure the fund’s long-term mission. He also recommended clearer terminology around “infrastructure,” distinguishing public infrastructure from commercial infrastructure, and noted unresolved policy questions about nexus and economic diversification. The committee then began reviewing proposed IPS updates with Rio staff.

Transcript Highlights:

• But unless they get some additional general fund, that's all the funding they have.
• It is a non-reverting fund. They've had a fund balance.
• Outlay funds or matching funds or anything like that?
• There's a loan fund, but there's also another fund that was set up.
• We can turn to that fund as a fund of first resort as opposed to the contingency fund or the operating

Transcript Highlights:

• The funding structure for students funded in the FEFP remains the same.
• Funding includes $1.4 billion in general revenue and $4.6 billion in trust funds.
• funded.
• We say we don't fund water, but we fund it at nearly a billion dollars.
• We say we don't fund water, but we fund it at nearly a billion dollars.

Summary: The House convened with prayer, a moment of silence for former Senator Don Childers, the Pledge of Allegiance, and recognition of Officer Antonio Richardson as law enforcement officer of the day. The chamber announced it would take up 11 budget conference committee reports, with no third-reading bills or special-order calendar items. Members were reminded that conference reports were subject to debate but not amendment, and that the required review periods had been satisfied. The first major action was on HB 7031E, the tax package. Representative Duggan explained that the conference report included a mix of retained, modified, and new tax provisions, including sales tax holidays, property tax and homestead-related changes, reductions in certain gaming and carbon-related taxes, changes to child care and documentary stamp tax credits, a new refund process for public works construction tax paid by universities and colleges, and other tax administration changes. Debate focused on the bill’s consumer impact, the reduction of the child tax credit from three years to one, the inclusion of firearm accessories in a sales tax holiday, the absence of gas tax relief and combined reporting, and the homestead exemption provision for certain deployed diplomatic and foreign service personnel. Critics argued the package favored niche or corporate interests over broad affordability relief, while supporters said it provided targeted tax relief and reflected conference negotiations. The House adopted the conference report and passed HB 7031E by a vote of 88-11. The House then began presenting the conference report for HB 501E, the state budget, which totaled $114.5 billion for fiscal year 2026-27 and was described as below the prior year’s spending level while maintaining reserves. Subcommittee chairs outlined major budget areas: pre-K-12 funding included an increase in FEFP, salary increases for veteran teachers, stabilization funding, and support for declining enrollment; higher education included full Bright Futures funding, workforce programs, college operating support, university initiatives, and school guardian expansion; IT funding focused on Palm, ACCESS, APD’s I-Connect replacement, corrections systems, emergency management systems, and cybersecurity grants; health care funding covered Medicaid, nursing home rates, waiver provider increases, ADAP funding and restructuring, child welfare, and behavioral health; transportation and economic development included housing, cultural grants, jobs and rural infrastructure, Visit Florida, Space Florida, highway patrol equipment, and local transportation projects; justice funding included correctional construction, juvenile justice facilities, law enforcement grants, and clerk and due process reimbursements; state administration included fire stations, constrained counties, building maintenance, and Safe Florida Home; and agriculture/natural resources funding emphasized Everglades restoration, water quality, land acquisition, Florida Forever, state parks, and citrus research. Members then began questioning the budget details, including school voucher accountability, school funding formulas, public defender parity, prison technology, wastewater monitoring in prisons, ADAP policy, SNAP fraud controls and AI-assisted verification, Florida Forever funding, school lunch funding, and coral reef restoration. No final vote on HB 501E appears in the transcript excerpt.

Transcript Highlights:

• on hold, and it's funded by budget stabilization funds, so it's a declining fund balance.
• It funds 9.5.
• Is it grant-funded? It was grant-funded previously to FY26. For FY26, it was GR funded as one time.
• Fund.
• . fund That middle step and going straight from the fund in Health straight to the Homes Fund.

Summary: Attorney General Catherine Hanaway presented the Office of the Attorney General’s FY 2027 budget request and outlined her office’s priorities: reducing violent crime, targeting illegal and unregulated activities she described as a “vice squad” focus, protecting Missourians from fraud, and improving the office’s legal work. She highlighted major cases and enforcement efforts, including litigation over insulin pricing, Dollar General pricing practices, a criminal prosecution in Hermann, the Jackson County assessment dispute, and a new lawsuit involving Misha’s board policy. Committee members asked about cybercrime enforcement, cooperation with federal authorities, VLTs, ballot and referendum litigation, and the office’s approach to diversity-related legal issues. Hanaway said cybercrime and no-call enforcement rely heavily on multi-state and federal cooperation, and she emphasized that many cases begin with citizen reports. Members also questioned the cost and scope of ongoing election-related litigation, including redistricting and referendum cases, and Hanaway said her office is defending the laws and ballot processes as required. She estimated roughly $600,000 in staff time over about six months for the referendum/redistricting work combined. Several members raised concerns about the Misha lawsuit and whether similar statutory provisions elsewhere in state government could raise the same legal issues; Hanaway responded that the case involved a board rule, not a statute, and turned on whether the requirement functioned as a quota. The committee also discussed child sexual exploitation, human trafficking, Medicaid fraud, and the use of outside counsel and pro hac vice fees. Hanaway said the office is using non-GR funds where possible and is not requesting pay increases this year. The Missouri Office of Prosecution Services then presented its budget. Officials explained that MOPS trains and supports prosecutors statewide, including on DWIs, child sex cases, and new prosecutor training, and that its budget request matches the governor’s recommendation. Members asked about support for local prosecutors, the nine counties without elected prosecutors, and the new conviction integrity unit; staff said the unit’s positions were shifted between line items and that the office can help answer prosecutorial questions through its general counsel. The committee then moved to the Department of Public Safety budget. DPS reviewed funding for crime victims notification, law enforcement recruitment and retention, drug task forces, academy scholarships, Blue Star grants, local crime prevention, school safety, World Cup security, 988 trainings, wastewater testing in schools, and other programs. Members asked about the $59 million federal FIFA World Cup grant, school safety app funding, and wastewater testing participation; DPS said the World Cup funds require no state match, the app funding is being phased out, and schools opted into the testing program. The committee recessed before finishing the DPS book, with plans to return later.

Transcript Highlights:

• fund allocations or local government funding.
• So, and this is a completely self-funded program. There's no general fund subsidy.
• fund.
• Next summer in July, self-funded program, the modest premium only funds a modest benefit.
• to the Pension Funding Council.

Committee: Joint Pension Funding Council

Summary: The Pension Funding Council met on October 8 with introductions from council members and then heard a presentation from the Office of the State Actuary on long-term economic assumptions and the state pension systems’ financial condition. OSA reported that the combined pension systems were 100% funded as of June 30, 2024, with open plans above 95% funded, and explained that strong investment returns and prior funding policy decisions contributed to that position. The actuaries recommended increasing the inflation assumption from 2.75% to 3%, increasing general salary growth by 0.25%, keeping the Plan 1 membership growth assumption at 1%, and raising the assumed investment return to 7.25% for all plans. They also reviewed estimated budget impacts and explained that investment gains are smoothed over up to eight years, while other assumption changes flow directly into future valuations. The council also heard comments from the Economic and Revenue Forecast Council and the State Investment Board, both of which said their inflation and return outlooks were broadly consistent with the actuary’s recommendations. ERFC discussed inflation trends, the Federal Reserve’s 2% target, and why Seattle-area inflation tends to run above the national average, while SIB said its 15-year inflation assumption is 2.5% and that 7.25% is a reasonable long-term return assumption. Public testimony included support for maintaining Plan 1 funding efforts and caution from the Association of Washington Cities about the budget impact of higher assumptions and the risk of overfunding pensions. The council then considered and adopted a motion to maintain the current prescribed long-term economic assumptions, with a roll call vote of 4-2. It next considered the long-term services and supports trust program and, after hearing an overview from DSHS and OSA, adopted the recommended WA Cares premium rate of 0.58% by a unanimous 6-0 vote. OSA said the WA Cares program is still in its learning phase, with no benefits yet paid, and recommended no premium change at this time regardless of the outcome of the related ballot measure. The council also elected Katie Chapman as chair and then adjourned.

Transcript Highlights:

• This fund would provide the state with critical flexibility by allowing DESE to disburse funds without
• formula the whole formula for funding our schools so that we're not waiting 10 years. at our funding
• The funding formula is outdated.
• We can only do this with more funding, funding that is missing because of the inflation gap.
• When school funding falls short, When school funding falls short, the budget process becomes painful

Committee: Joint Joint Committee on Education

Summary: The Joint Committee on Education opened a hybrid public hearing on a large slate of bills related to school buildings, school finance, technology, data privacy, safety, and related education issues. Chairs Jason Lewis and Ken Gordon outlined procedures for the hearing, including two-minute testimony limits and the plan to group similar bills together. Several bills drew no testimony and were closed without further discussion, while others drew extensive testimony from legislators, school officials, parents, advocates, and educators. A major theme was school safety and student well-being. Lori Al-Hadeth testified in support of bills on alert systems in public schools, describing the loss of her daughter in the Parkland shooting and urging adoption of Alyssa’s Law-style panic alert technology. Representative Gallagher and disability advocates also supported a bill authorizing, but not requiring, airway clearance devices in schools, arguing they could save lives in choking emergencies and provide an option for people who cannot use the Heimlich maneuver. Another bill on reducing cafeteria waste drew support from a legislator and a Lexington sustainability official, who said installing dishwashers during construction would reduce waste and long-term costs. Much of the hearing focused on Chapter 70 school funding and the inflation cap. Senator Pavel Payano, Senator Sal DiDomenico, Representative Senna, and multiple local officials and school committee members from Bridgewater, Chelsea, Groton-Dunstable, and other districts argued that the 4.5% cap on inflation adjustments has left schools underfunded during years of high inflation, forcing layoffs, larger class sizes, and cuts to programs and student supports. They urged bills to eliminate the cap, restore lost funding, increase the Commonwealth’s share of the foundation budget, or create commissions to study reforms. Testimony also highlighted the impact on special education, English learners, and low-income students, with Chelsea witnesses saying the cap has cost their district about $7 million annually. School construction and MSBA reform were the other major topic. AIA Massachusetts, Boston Public Schools, Lynn officials, and AFT Massachusetts described aging facilities, overcrowding, deferred maintenance, and the difficulty of financing new schools under current reimbursement rules. Boston officials said the district has many pre-World War II buildings and has only built a handful of new schools in decades, while Lynn leaders said reimbursement rates have fallen well below the statutory 80% because of caps and ineligible costs. Witnesses urged modernization of the MSBA program, higher reimbursement rates, and more resources for school construction. The committee also heard support for a bill to study the adequacy and equity of the school building program, and chairs indicated some bills would be closed after no one signed up to testify.

Transcript Highlights:

• state general funds, and interagency transfers are 26% of the funding.
• and the NAL Fund.
• Then 8% of the funding is state general funds.
• funds around.
• You can see the department is primarily funded by state general funds and federal funds collectively.

Committee: House Appropriations

Transcript Highlights:

• Federal funds, general funds, other funds, what their historical funding is.
• Federal funds, general funds, other funds, what their historical funding is. General funds. Okay?
• Federal funds, general funds, other funds, what their historical funding is.
• So we funded<03:23:18.880><c> that.</c> funded that. funded that.
• </c> general fund of which 3,90 general fund general fund of which 3,90 general fund is<03:24:50.399>

Transcript Highlights:

• gaming enforcement fund.
• and the removal of one-time funding in the criminal justice and first responder fund.
• The $3.8 million decrease in the Criminal Justice Fund and First Responder Fund.
• Fund.
• It's braided funding from different funding sources.

Committee: House Appropriations

Summary: The committee heard FY27 budget presentations for the Department of Public Safety and Corrections, beginning with Public Safety Services. House Fiscal Division staff reviewed the department’s recommended budget of $645.9 million, including supplemental pay, State Police, Motor Vehicles, and the State Fire Marshal. Officials explained that the overall budget reflects a net decrease from FY26, driven largely by shifts in funding sources, removal of one-time statutory dedications, and adjustments tied to undercollections in fees and self-generated revenues. State Police was recommended at $459.7 million, OMV at $86.7 million, and the Fire Marshal at $41.1 million. Department leaders also described ongoing modernization efforts, staffing vacancies, and the use of efficiencies identified internally. Lieutenant Colonel Robert Burns and agency heads testified about State Police operations, including increased cadet graduations, improved Mardi Gras security, progress on APHIS and OMV modernization, and the new crime lab under construction. Members asked about undercollections, vacancies, the role of public tag agents, and whether the agency could expand counter-drone capabilities. Burns said the department has identified about $11 million in efficiencies, but warned that counter-drone work would require additional funding, citing a $4.5 million fiscal note for HB 940 and roughly $9 million more for a robust unit. OMV officials said staffing and retention remain difficult, but modernization should improve service and reduce lines; they also said the agency continues to rely on public tag agents and is working through reinstatement fee collection issues. The committee then reviewed the Department of Corrections FY27 budget, recommended at $902.3 million, with most funding from State General Fund and a large increase tied to higher incarceration costs, medical needs, overtime, and added capacity at Louisiana State Penitentiary. DOC officials said the department remains under pressure from vacancies, turnover, contraband, and medical costs, and that the budget includes funding to add 150 correctional officers at Angola and to house ICE detainees at Camp J. They also discussed criminal justice reinvestment savings, prison enterprises, and reentry programs funded through the Second Chance Act. Members asked about staffing, inmate deaths at Elaine Hunt, work-release pay, and whether the department is tracking the true long-term cost of incarceration. Officials said they are pursuing pay increases, recruitment, expanded training and reentry programs, and more data-driven workforce alignment, while acknowledging that many budget pressures remain unresolved.

Transcript Highlights:

• , and even employee salaries are funded out of dedicated funds.
• The Strategic Initiative funds are general fund transfers. First.
• What's the rainy day fund looking like? Good question. Rainy day funds.
• fund.
• stabilization fund and the Strategic Initiatives Program Fund.

Committee: Senate Transportation

Transcript Highlights:

• The funding structure for students funded in the FEFP remains the same.
• million from local funds.
• Funding includes $1.4 billion in general revenue and $4.6 billion in trust funds... ...Funding includes
• We say we don’t fund water, but we fund it at nearly a billion dollars.
• We say we don’t fund water, but we fund it at nearly a billion dollars.

Summary: The House convened with prayer, a moment of silence for former Senator Donnell C. Childers, the Pledge of Allegiance, and recognition of Officer Antonio Richardson as law enforcement officer of the day. A quorum was announced, the journal was approved, and the Speaker said the chamber would take up 11 budget conference reports, with debate and final votes on each report. The first report considered was HB 7031E, the tax package, followed by HB 501E, the state budget appropriations bill. On HB 7031E, Chair Duggan explained that the conference report included a range of tax reductions and tax-related changes, including sales tax holidays, property tax and homestead-related provisions, reductions in certain taxes and fees, and new exemptions or administrative clarifications. He said the package also added items such as sales tax relief for certain university construction projects, a tennis admissions exemption, and changes to agricultural property tax treatment, and that the amendment reduced state and local tax revenues by $272.2 million. Members questioned the bill about the child care tax credit reduction from three years to one, the homestead exemption provision for certain diplomats and foreign service personnel, the absence of gas tax relief and combined reporting, and the inclusion of firearm accessories and tennis tickets in sales tax holidays. After structured debate, the House adopted the conference report and passed HB 7031E by a vote of 88-11. The House then began the conference report on HB 501E, the $114.5 billion budget for fiscal year 2026-2027, which was described as below the prior year’s spending level and leaving more than $14 billion in reserves. Subcommittee chairs outlined major allocations across education, higher education, IT, health care, transportation and economic development, justice, state administration, and agriculture/natural resources. Highlights included increased FEFP funding and veteran teacher raises, full funding for Bright Futures, major IT modernization projects, Medicaid and behavioral health funding, transportation and local infrastructure spending, correctional and law enforcement investments, fire station and emergency response funding, and large environmental and water-quality appropriations. Members asked detailed questions about school voucher fraud oversight, scholarship funding, teacher raises, preeminence funding, ADAP changes, SNAP data tools and error rates, Medicaid rate changes, prison wastewater monitoring, and other budget items, but the transcript ends during the budget questions before final action on HB 501E is shown.

Transcript Highlights:

• And so these new positions can't be funded by those funds anymore?
• funded by budget stabilization funds, so it's a declining fund balance.
• It funds 9.5.
• own dedicated fund from fees and taxes and that funds there are. ...dedicated fund from fees and taxes
• Fund.

Committee: House Budget

Transcript Highlights:

• multiplier between the FEMA funds and the state funding.
• That need funding and what available funding sources there are.
• Fund.
• The fund is a special fund, funded by fees from renewals for foresters and application fees for people
• funding.

Transcript Highlights:

• funded Medicaid.
• county funds.
• Food funding, including $24 million in baseline funding.
• state General Fund, and county funds.
• And so the mix of funding does our full funding of it is fixed.

Summary: The subcommittee heard an extended briefing on the impacts of H.R. 1 on Medi-Cal and CalFresh, followed by testimony from the Legislative Analyst’s Office and county officials. DHCS described major Medi-Cal changes in H.R. 1, including work/community engagement requirements, six-month redeterminations, reduced federal matching for some emergency services, narrower immigrant eligibility, reduced retroactive coverage, and limits on provider taxes and directed payments. CDSS outlined CalFresh changes, especially the expanded able-bodied adults without dependents time limit, reduced exemptions and waivers, and the new federal-state-county administrative cost split. Both departments emphasized implementation plans, automation, outreach, and county coordination, while acknowledging significant expected coverage losses and administrative burden. The LAO and an independent policy expert discussed how H.R. 1 could increase demand on county indigent care systems and public hospitals as people lose Medi-Cal. They reviewed the history of county indigent care, 1991 realignment, and AB 85, explaining that counties already rely on a patchwork of funding and that current realignment revenues are often used for public health rather than indigent care. They warned that counties may face large increases in uninsured residents, with wide variation in how counties respond, and raised concerns about equity, financing, and whether a more standardized state-county program should be created. Committee members pressed witnesses on county funding, exemptions, homelessness, older adults, undocumented residents, and the effect of administrative burden versus true ineligibility. County representatives from Los Angeles, Santa Clara, Tulare, and San Bernardino described the expected local impacts and asked for additional state support. They said H.R. 1 would drive major losses in Medi-Cal and CalFresh enrollment, increase uncompensated care, strain eligibility staff, and worsen homelessness and food insecurity. Several counties urged the Legislature to fund eligibility workers, preserve enrollment, and consider a CalFresh match waiver; Santa Clara and San Bernardino also cited local tax measures and staffing reductions already underway. No formal vote or committee action was taken in the portion provided.

Transcript Highlights:

• </c> Resources Trust Fund is a permanent fund Resources Trust Fund is a permanent fund in<00:05:07.759
• the trust fund.
• the trust fund.
• </c><00:20:11.520><c> Um</c> are funded through the trust fund.
• Um are funded through the trust fund.

Bills: HF3426 , HF3428

Committee: House Environment and Natural Resources Finance and Policy

Keywords: natural resources, environment, sustainability, conservation, outdoor recreation, land acquisition, real property, trust fund, commissioner approval, Department of Natural Resources, DNR, conservation easement, land purchase, state land, public lands, property acquisition, value assessment, tax assessed value, Metropolitan Council, Board of Water and Soil Resources

Transcript Highlights:

• , $25 million already in federal funds that came through our regional solicitation, and some of the funds
• </c> solicitation and uh some of the funds solicitation and uh some of the funds already<00:05:14.919
• by our existing sources of funds, the 30 some million that we would be giving up of general funds is
• by our existing sources of funds, the 30 some million that we would be giving up of general funds is
• funds just from our current recurring funds that<00:09:10.160><c> are</c><00:09:10.680><c> dedicated

Committee: Senate Capital Investment

Transcript Highlights:

• At special funds.
• There was a mention of federal funding and perhaps disruptions in federal funding.
• There's no way that the general fund can backfill the loss of federal funds.
• $9.5 billion total funds.
• Specifically for groundwater funding, groundwater recharge funding. OK.

Committee: House Budget