Video & Transcript : 'Treasury Department' :
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ND
North Dakota 2026 1st Special Session
Legislative Audit and Fiscal Review Committee Jun 17th, 2026 at 10:00 am
Legislative Audit and Fiscal Review Committee
Transcript Highlights:
- A lot of it is moving to the Department of Labor.
- Department of the Treasury expanded the State Small Business Credit Initiative program, or SSBCI.
- Then, in October 2022, the Treasury awarded $58.6 million to the Department of Commerce for SSBCI programs
- So at the top of page two, Wonder Fund, North Dakota: the Treasury authorized the Department of Commerce
- Award from the Treasury.
ND
North Dakota 2026 1st Special Session
Legislative Audit and Fiscal Review Committee Jun 17th, 2026
Legislative Audit and Fiscal Review Committee
Transcript Highlights:
- A lot of it is moving to the Department of Labor.
- A lot of it is moving to Department of Labor.
- Department of the Treasury expanded the State Small Business Credit Initiative program, or SSBCI.
- And then in October of 2022, the Treasury awarded $58.6 million to the Department of Commerce for SSBCI
- So at the top of page two, Wonder Fund, North Dakota: the Treasury authorized the Department of Commerce
Summary:
The committee convened, approved the prior meeting minutes, and received a memo summarizing major audit items. The State Auditor’s office and outside auditors then presented a series of audits, many of which were clean with unmodified opinions and no findings, including the Bank of North Dakota, the Guaranteed Student Loan Program, the Office of the Governor, the State Treasurer, the Office of Management and Budget, the Department of Transportation, the Department of Environmental Quality, Lake Region State College, and the Office of the Governor. The North Dakota Stockmen’s Association audit was also clean overall, but it repeated findings about limited segregation of duties and auditor assistance in preparing financial statements, which the auditor said were expected to continue because of the organization’s small size. Committee members asked about out-of-state board addresses, and the association explained those members were North Dakota residents using South Dakota mailing addresses.
Several audits did include findings. The Council on the Arts audit identified two issues: payroll charged to federal awards without supporting time records, and $12,825 in Cultural Endowment Fund spending that was not allowable under state law, including staff training, retreats, and executive director candidate travel. The Department of Public Instruction audit found unsupported scholarship applications in the paraprofessional-to-teacher program, but additional testing confirmed the funds were credited properly and students completed required school district work, so no improper payments were identified. The University of North Dakota audit found a lack of documentation and transparency in School of Law admissions decisions; the auditor said the law school used a holistic process but did not keep notes or evaluation tools to show why applicants were admitted, waitlisted, or denied. UND leadership said the school is in good standing with the American Bar Association and agreed better documentation is needed, and the auditor said the issue was the missing documentation, not ABA accreditation itself.
The most extensive discussion centered on the North Dakota Racing Commission audit, which found four findings: overspending the promotion fund’s 25% operating cap, grant conditions not being met, improper breeder fund awards, and improper procurement. The auditor said promotion fund spending exceeded the cap by $327,447 and the fund balance dropped sharply over the audit period. Racing Commission director Bruce Johnson said the agency had become complacent, that grant requests were treated as routine, and that controls and documentation need to be tightened. He also explained that the breeder fund overpayments involved two horses whose ownership transfers were not properly documented before racing, and that the procurement issue stemmed from an advertising contract that proceeded without proper written procurement procedures after a misunderstanding with the State Procurement Office. The auditor said the Racing Commission will now be audited every two years because of the findings.
The committee also received updates on Dakota College at Bottineau’s bank reconciliations, which Minot State University said had been brought current after an 18-month backlog, with only one account still needing cleanup; members asked for a written report on the corrective actions. The North Dakota Fair Foundation was reported to have dissolved, with remaining funds transferred to another nonprofit account for continued support of the state fair. Finally, the Department of Public Instruction provided an update on school meal debt, revising the earlier estimate to about $1.1 million based on incomplete district survey responses, and said the Anti-Lunch Shaming law likely increased meal debt because schools must feed students regardless of account balance. Members discussed the need for a more accurate year-end debt figure and possible future reporting at a later committee meeting.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Education (10-14-25)
Transcript Highlights:
- In terms of the regulation timeline, the Department of the Treasury, not the Department of Education,
- In terms of the regulation timeline, the Department of the Treasury, not the Department of Education,
- In terms of the regulation timeline, the Department of the Treasury, not the Department of Education,
- </c><00:18:50.799><c> is</c> whether or not the Treasury is whether or not the Treasury is continuing
- :38:52.320><c> are</c> department uh education funds are department uh education funds are generally<
Summary:
The committee met with a quorum, approved the previous meeting minutes, and heard a presentation from Austin Reid of the National Conference of State Legislatures on education-related provisions in the federal One Big Beautiful Bill Act (H.R. 1). Reid said the law is projected to increase the federal deficit over 10 years, with major savings coming from Medicaid, student loan changes, and SNAP. He focused on how those changes could affect schools, including possible effects on free and reduced-price meal certification, state funding formulas that use SNAP as a proxy for low-income status, and Medicaid-funded school services for students with disabilities.
Reid also outlined the new federal scholarship tax credit, which gives a dollar-for-dollar credit for donations to qualifying scholarship-granting organizations. He said families up to 300% of area median income may benefit, the program begins in 2027, and states must opt in and designate eligible organizations. He noted unresolved questions about whether states can add their own criteria and said Treasury regulations will be important. He also described the expansion of 529 plans to cover more K-12 and postsecondary expenses.
On higher education, Reid explained a new workforce Pell grant option for short-term programs, with states and governors playing a role in determining eligible programs. He said the programs must meet placement, completion, and earnings measures and that implementation is expected to be tight before the July 1, 2026 effective date. He also reviewed student loan changes, including lower institutional loan limits, prorated borrowing for part-time enrollment, new caps on graduate and Parent PLUS loans, and a new earnings-based accountability standard that could make some programs ineligible for student loans if graduates earn too little. No votes were taken beyond approval of the minutes.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 47 - 2 Apr 27th, 2026 at 04:00 pm
Oklahoma House Floor Meeting
Transcript Highlights:
- Senate Bill 1132 by Caldwell of the House and Hall of the Senate, an act relating to the state department
- Bill 1133 by Caldwell of the House and Hall of the Senate, an act relating to the department of mental
- Senate Bill 1133 by Caldwell of the House and Hall of the Senate, an act relating to the Department of
- SB 1142 appropriates funds to the Department of Human Services.
- Senate Bill 1142 by Caldwell of the House and Hall of the Senate, an act relating to the department of
Keywords:
light pollution, bird mortality, migration, energy conservation, wildlife protection, University Hospitals Authority, funding, behavioral health, appropriation, adolescent health, emergency legislation, Oklahoma State University, Medical Authority, human performance, pharmaceutical expansion, emergency funding, juvenile justice, youth services, pandemic relief, healthcare
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 47 - 1 Apr 27th, 2026 at 01:30 pm
Oklahoma House Floor Meeting
Keywords:
light pollution, bird mortality, migration, energy conservation, wildlife protection, University Hospitals Authority, funding, behavioral health, appropriation, adolescent health, emergency legislation, Oklahoma State University, Medical Authority, human performance, pharmaceutical expansion, emergency funding, juvenile justice, youth services, pandemic relief, healthcare
NM
Transcript Highlights:
- I am here with Department of Information Technology Cabinet Secretary Manny Barretas.
- It sits in this department under this cabinet secretary. And so the integrations are.
- It's under – in my opinion it should be under your department.
- Is the Higher Education Department contracting this?
- Madam Chair, Senator, the Higher Ed Department would be doing it organically.
Committees:
Senate Senate Rules , Senate House Rules & Order Of Business
Keywords:
SB132, DOIT, Department of Information Technology, software replacement, equipment replacement, technology funding, revolving fund, capital equipment, enterprise services, state IT budgeting, software budgeting, amortization, depreciation, State Treasurer, Department of Finance and Administration, New Mexico, information technology, IT infrastructure, fund accounting, legislative appropriation
WA
Washington 2025-2026 Regular Session
Senate Environment, Energy & Technology Jan 21st, 2026 at 08:00 am
Environment, Energy & Technology
Transcript Highlights:
- The fund is administered by the Department of Commerce and is used to provide grants to eligible port
- In 2019 and 2020, respectively, the University of Washington and the King County Department of Public
- Turning to the proposed substitute before you, it requires the University of Washington Department of
- The Washington State Department of Commerce manages Washington's Appliance Efficiency Program.
- I'm the transmission policy lead at the Energy Policy Office and the Department of Commerce.
Committee:
Senate Environment, Energy & Technology
Keywords:
appliance affordability, cost index, energy efficiency, consumer protection, Washington state, aviation, airport noise, air pollution, environmental justice, health disparities, public health, ultrafine particulate matter, black carbon, nitrogen dioxide, volatile organic compounds, asthma, heart disease, cancer, sleep disruption, hypertension
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/25/2025)
Transcript Highlights:
- Department yet.
- </c> from the Treasury Department yet. I see. from the Treasury Department yet. I see. Okay. Okay.
- </c> the department? Yeah. the department? Yeah.
- So we just were handed out something about the rooms and meals tax distribution from the Treasury Department
- </c> tax distribution on um from the Treasury tax distribution on um from the Treasury Department.<04
Summary:
The committee worked through a series of budget amendments, mostly to House Bill 2 and related House Bill 1 changes, with members discussing whether to reduce or preserve funding for various programs. Early actions included approving an amendment to House Bill 219 that delays implementation of renewable energy-related provisions to 2027, and approving an amendment that removes a $150,000 appropriation tied to a housing-related database while allowing use of housing fund money for the project. The committee also approved an amendment affecting magistrates so they could continue pretrial and other judicial support work, while noting they would not handle bail and that the change reflected separate legislation already signed by the governor.
Members then approved a series of administrative savings items in the Department of Administrative Services, including eliminating a long-vacant computer analyst position and reducing overtime and recruiting/subscription-tool budgets. They also approved an amendment cutting marketing and administrative support for the paid family leave program, with members emphasizing that the program itself would continue. A proposed cut to the WorkInvest NH program was discussed at length, with some members arguing it benefits workers and employers and others noting the cost is borne by employers; the committee ultimately set that item aside without taking action. The committee also debated and then approved a modest reduction to a BEA regional planning grant, despite objections that regional planning commissions provide valuable municipal support.
The most extended discussion centered on the State Library. Representative Sweeney said he did not want to pursue a full cut of the library and instead favored a more targeted approach, noting that some federal funding for library services such as interlibrary loans and the Libby system may be at risk. Members discussed alternatives, including unfilled positions and other partial reductions, but no final action on the full library cut was taken in the portion provided. The committee also paused on some other items to gather more information before voting.
FL
Florida 2025 Regular Session
Banking and Insurance Mar 25th, 2025
Transcript Highlights:
- After that, Mister Tanner Collins as director division of Treasury, the Florida Department of Financial
- since 2018 in this Department of Financial Services since 2018 in this role used asked by the CFO with
- The Division also manages the Treasury Investment Pool Division of Treasuries.
- Senate present and past CIA, DIA, FBI, SEC, Homeland Security, the Justice Department.
- It was the least risky in line with treasuries, short-term treasuries and the central banks that hold
LA
Transcript Highlights:
- Senate Resolution No. 156 by Senator Bartholomew is a resolution to urge and request the State Department
- Members, this is a bill that was turned into a resolution that just asks the Department of Education
- of Health and the State Department of Education, in collaboration with the Louisiana chapter of the
- Members, this is asking for a study between LDH and the Department of Education regarding autism.
- I do know from LSU's perspective, the athletic department is self-generated funds.
Bills:
SR146 , SCR12 , HB221 , HCR115 , HCR116 , HCR58 , HB1 , HB312 , HB313 , HB314 , HB383 , HB983 , HB1126 , HCR3 , HB2 , HB3 , SCR3 , SB56 , SCR9 , SCR58 , SB35 , SB65 , SB215 , SB246 , SB249 , SB269 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB490 , SB492 , SB500 , SB514 , HCR27 , HCR28 , HCR66 , HCR67 , HCR72 , HCR5 , HCR32 , HCR49 , HCR50 , HCR53 , HCR60 , HCR62 , HCR64 , HCR68 , HCR78 , HCR81 , HCR86 , HCR97 , HCR102 , HCR31 , HCR47 , HB476 , HB481 , HB487 , HB492 , HB549 , HB579 , HB608 , HB621 , HB624 , HB626 , HB632 , HB637 , HB656 , HB722 , HB745 , HB804 , HB818 , HB821 , HB833 , HB864 , HB867 , HB874 , HB893 , HB909 , HB951 , HB968 , HB969 , HB978 , HB979 , HB988 , HB989 , HB1001 , HB1005 , HB1007 , HB1024 , HB1032 , HB1050 , HB1051 , HB1056 , HB1059 , HB1077 , HB1080 , HB1081 , HB1086 , HB1108 , HB1112 , HB1153 , HB1172 , HB1173 , HB1175 , HB1192 , HB1193 , HB1204 , HB1218 , HB1242 , HB1244 , HB1249 , HB1252 , HB1254 , HB42 , HB45 , HB71 , HB79 , HB158 , HB160 , HB169 , HB227 , HB251 , HB289 , HB330 , HB394 , HB410 , HB429 , HB769 , HB971 , HB1017 , HB1234 , HB1235 , HB9 , HB177 , HB181 , HB202 , HB223 , HB225 , HB387 , HB398 , HB457 , HB459 , HB540 , HB591 , HB616 , HB766 , HB775 , HB783 , HB895 , HB906 , HB950 , HB975 , HB1052 , HB1057 , HB1076 , HB1100 , HB1139 , HB1155 , HB1160 , HB1182 , HB1186 , HB1220 , HB1223 , HB1224 , HB1228 , HB1231 , HB1245 , HB1256 , HB17 , HB27 , HB36 , HB41 , HB47 , HB73 , HB126 , HB133 , HB140 , HB159 , HB166 , HB205 , HB211 , HB226 , HB259 , HB271 , HB308 , HB310 , HB324 , HB337 , HB351 , HB399 , HB403 , HB571 , HB712 , HB723 , HB726 , HB740 , HB750 , HB759 , HB812 , HB844 , HB966 , HB1006 , HB1009 , HB1018 , HB1036 , HB1038 , HB1107 , SB29 , SB42 , SB78 , SB208 , SB217 , SB274 , SB300 , SB341 , SB379 , SB382 , SB387 , SB401 , SB441 , SB449 , SB487 , HB74 , HB134 , HB258 , HB359 , HB468 , HB956 , HB1117 , SB43 , SB149
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (04/07/2025)
Municipal and County Government
Transcript Highlights:
- These historical taxes are available to municipalities on the Department of Treasury website.
- </c><00:23:19.360><c> of</c><00:23:19.520><c> Treasury</c> graphed on the Department of Treasury graphed
- Again, this is the information that is readily available from the Department of Treasury website.
- What's when it's updated on the Department of Treasury website, which is usually yearly? Thank you.
- ><c> of</c><00:36:41.760><c> Treasury</c><00:36:42.079><c> website,</c> on the Department of Treasury
Committee:
House Municipal and County Government
LA
Louisiana 2026 Regular Session
Revenue Estimating Conference May 8th, 2026
Transcript Highlights:
- So the Department of Revenue required employers to withhold 3.9%.
- But even in Treasury, we've got a little bit of a delta there.
- The Treasury is a mismatch. You can just look at those items.
- But the department collects $12 billion.
- But we will be going to those departments.
Summary:
The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast.
The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted.
Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.
LA
Louisiana 2026 Regular Session
Commerce May 20th, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- We have four- or five-inch banners that go all the way across all the meat departments, produce departments
- I assume the Department of Ag, but I don't know that. Yeah, because they...
- I assume the Department of Ag, but I don't know that, you know.
- Question: Was this going to put any burden on the Treasury?
- Treasury considers elderly over 50, and I'm 57. I'm not elderly.
Summary:
The committee took up several House measures. HCR 66, as amended, asked Louisiana Economic Development and the Governor’s Office of Rural Development to study rural parish assets, infrastructure, workforce, and development opportunities, and it was moved forward without objection. HB 387, a clarification to allow the fire marshal’s office to review architectural and engineering plans equally, also passed favorably without objection. HB 1223, which would have LED promote Louisiana’s clinical trial capacity and adjust internal review board processes, was amended and moved favorably. HB 950, aimed at helping older adults recognize and avoid fraud through materials and resources from the Office of Elderly Affairs, was reported favorably. HB 975, a routine measure to recreate the Public Service Commission, was also reported favorably. HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, was amended and moved favorably. HB 1222, described as a Grocery Initiative Act to let LED identify ways to address food deserts and food insecurity, was introduced near the end of the meeting.
The most extensive debate centered on HB 617, a consumer transparency bill requiring mandatory fees to be included in upfront pricing. The author said the bill was intended to curb hidden fees and help consumers compare prices, with examples such as hotel resort fees and automatic restaurant service charges. Supporters argued it would improve transparency, while opponents from grocery, restaurant, hotel, housing, retail, and business groups said the bill was too broad, vague about terms like “total price,” unclear on enforcement and penalties, and could create compliance burdens and litigation risk, especially for small businesses. Housing advocates opposed the bill’s housing carve-out, arguing it could weaken renters’ ability to bring unfair-practice claims. Senator Morris moved to defer HB 617, and the committee agreed without objection.
The committee also heard lengthy testimony on HB 797, which would create a Bayou Gold certification for certain transactional gold vendors that meet state-defined standards such as segregation, insurance, and nearby storage. The sponsor said the goal was to give consumers confidence and encourage vendors to keep gold closer to Louisiana, while critics argued the program would amount to a state endorsement of private companies, create misleading consumer impressions, and expose the state to confusion or liability. The bill drew opposition from the Sound Money Defense League and others, but the committee ultimately reported HB 797 favorably, with the understanding it still had to go to Finance. HB 1228, a hearing-aid cleanup bill updating definitions, contracts, testing periods, and licensing rules, was also moved favorably without objection.
LA
Louisiana 2026 Regular Session
Commerce May 20th, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- We have four- or five-inch banners that go all the way across all the meat departments, produce departments
- I assume the Department of Ag, but I don't know that, you know.
- Question: Was this going to put any burden on the Treasury?
- I just wish someone from Treasury was here, huh?
- Treasury analysis, it shows that senior citizens Treasury analysis.
Summary:
The Senate Commerce Committee met on April 20, approved the prior meeting minutes, and then heard a series of bills and resolutions. It first advanced H. CR 66, which directs Louisiana Economic Development, working with the Governor’s Office of Rural Development, to study rural parish economic assets, infrastructure, workforce, and development opportunities. The committee also moved HB 387, a clarification allowing the fire marshal to review architectural and engineering plans equally, and HB 1223, which seeks to promote clinical trials in Louisiana by having LED market the state’s research capacity and by adjusting internal review board procedures. HB 1228, a cleanup bill for hearing aid dealers that updates definitions, contracts, testing periods, licensing, and related requirements, was also reported favorably, as was HB 950, which would create an elderly consumer perception program through the Office of Elderly Affairs to help seniors recognize scams and fraud.
The committee spent the most time on HB 617, a broad “hidden fees” consumer transparency bill. The author and supporters said it would require mandatory fees to be included in upfront pricing so consumers can make informed choices, while opponents from grocery, restaurant, hotel, housing, retail, and business groups argued the bill was vague, overly broad, and likely to create compliance burdens and litigation risk. Housing advocates objected to the bill’s housing exemption, warning it could weaken renters’ ability to bring claims over undisclosed fees. After extensive debate over variable pricing, sales taxes, enforcement, and the scope of the bill, Senator Morris moved to defer HB 617, and the committee agreed without objection.
The committee also heard HB 797, which would create a “Bayou Gold” certification program for certain gold vendors and transactional gold products. The sponsor said the program would encourage vendors to keep gold insured, segregated, and closer to Louisiana consumers, with the Treasury administering the certification through participant fees. Several senators and an outside witness raised concerns that the state seal could be mistaken for an endorsement, could create liability or consumer confusion, and would favor a narrow set of vendors. Despite opposition, the committee reported HB 797 favorably, with members noting it still had to go to Finance. Later, the committee advanced HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, add disciplinary authority, and impose a small permit fee to support the program, and HB 1222, which would let LED develop a grocery initiative to address food deserts and food insecurity. The meeting concluded with the committee hearing HB 1256 on abandoned digital assets, which would require dormant digital assets to be held in original form for three years so owners can reclaim them.
LA
Louisiana 2026 Regular Session
Revenue Estimating Conference May 8th, 2026
Transcript Highlights:
- So the Department of Revenue required employers to withhold 3.9%.
- But even in Treasury, we've got a little bit of a delta there.
- The Treasury is a mismatch. You can just look at those items.
- But the department collects $12 billion.
- But we will be going to those departments.
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.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nominations of Jonathan Gould, of Virginia, to be Comptroller of the Currency for a term of five years, Luke Pettit, of the District of Columbia, to be an Assistant Secretary of the Treasury, Paul Atkins, of Virginia, to be Mar 27th, 2025 at 09:00 am
Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- Luke Pettit, nominated to be the Assistant Secretary of the Treasury for Financial Institutions, brings
- Department.
- Kitts and Nevis, just a few miles away from where our first Treasury Secretary was born.
- Thank you Let me ask you this if you're confirmed as assistant secretary of the Treasury.
- So regulators should work in conjunction and parallel with the Treasury Department?
Keywords:
financial regulations, SEC, Comptroller of the Currency, Federal Transit Administration, nominees, Empowering Main Street in America Act, capital formation, economic growth
Summary:
The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.
FL
Transcript Highlights:
- This bill creates a statewide public health awareness campaign funded through the Department of Elder
- This bill creates a statewide public health awareness campaign funded through the Department of Elder
- The Department of Elder Affairs would contract with nonprofits to focus on Alzheimer's education and
- If it's going to come through the Department of Elder Affairs, or are we going to ask for new funding
- that it's going to come through the Department of Elderly Affairs, or are we going to ask for new funding
Bills:
S0578
Committee:
Senate Fiscal Policy
Keywords:
Alzheimer's disease, Alzheimers, dementia, related dementias, brain health, early detection, diagnosis, caregiver support, elderly affairs, Department of Elderly Affairs, Department of Health, public health outreach, memory loss, cognitive decline, healthy aging, clinical trials, community resources, underserved communities, nonprofit, awareness campaign
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Jan 27th, 2026
Children, Families, and Elder Affairs
Transcript Highlights:
- for an area agency on aging to directly provide core services during a state of emergency with department
- I recently served as the deputy director of the Florida Department of Veterans Affairs for four years
- And I can say, you know, we've had various secretaries in the department, various directors in the department
- And I can say, you know, we've had various secretaries in the department, various directors in the department
Committee:
Senate Children, Families, and Elder Affairs
Keywords:
child welfare, substance abuse, neglect, parental rights, drug exposure, Medicaid, disabilities, employment, healthcare access, income eligibility, veteran benefits, minor clients, financial assistance, education services, Department of Children and Families, Department of Health, aging services, disability assistance, long-term care, Alzheimer's support
IA
Committee:
Joint Transportation
Keywords:
vehicle title, certificate of title, replacement title, lost title, destroyed title, duplicate title, county treasurer, Department of Transportation, DOT, motor vehicle, lienholder, security interest, title fee, county general fund, retroactive applicability, Iowa Code 321.42, Iowa Code 321.152, school bus driver, authorization, education department
NH
New Hampshire 2025 Regular Session
Joint Committee on Dedicated Funds (10/13/2025)
Transcript Highlights:
- So the the account in the treasury.
- The Department of Insurance has to send $6,000 to the Treasury, who then sends it to the fireman's association
- The Department of Insurance has to >> Yeah.
- , then the Treasury.
- And but again, department or whatever.
Summary:
The committee first approved the minutes from the September 24 and September 27 meetings unanimously. It then reviewed a spreadsheet and draft report tracking the status of various dedicated funds, with members deciding which items should be kept active, removed, or flagged for follow-up next year. Several funds were identified as no longer needing action because they had been repealed, terminated, or were already handled elsewhere, including mosquito-related funding, child care licensing, and the prescription drug affordability board item. In other cases, members agreed to keep the fund on the list but remove question marks and add notes for future review or for another committee to address.
A number of funds drew more detailed discussion. Members agreed that the Fish and Game fee increase issue should not be handled by this committee directly, but that staff should notify the relevant sponsor/department that a legislative change would be needed. They also discussed a medical cannabis fund that was running down significantly; the committee agreed to keep it active, note the concern, and send a letter to the department and Representative McDonald suggesting that HHS review whether fees or another revenue source should be changed, with the possibility of a late bill if needed. The lead poisoning prevention fund was also kept, with a note that the department should take action if it wants changes, and the committee discussed a grants-and-aid escrow-related item, concluding it should remain active and be kept on the list.
Members also discussed several legacy or special-purpose funds. They agreed to recommend deleting the broodstock reference, to keep the emergency fund while asking for a better explanation of its funding source, and to retain the building maintenance fund as active. The Recovery Monument fund was identified as inactive and likely eligible for transfer of its remaining $1,000 to the addiction treatment and prevention fund. The Matthew Elliott Trust Fund prompted the most extended discussion; members concluded it should not continue as-is and agreed to draft a letter to the Attorney General recommending that the fund be closed through probate court and the remaining $5,657 transferred to Fund 122, or otherwise handled as unclaimed property if appropriate. The committee also discussed a firemen’s association-related transfer and agreed it should remain, while noting that any broader change would require legislation and a sponsor in the relevant policy committee.