Video & Transcript Research : 'filing fee exemption'

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MN

Minnesota 2025 1st Special Session

House Floor Session: 2025 First Special Session 6/9/25 - Part 2

Minnesota House Floor Meeting

Transcript Highlights:
  • Um, and then the EV fees. Um, we also did do a change to our EV fees.
  • House File 5. House File 5. The clerk will report the bill.
  • For example, failure to maintain tax-exempt status, failure to file timely IRS forms or financial statements
  • House file third reading. Third reading. House file number<01:00:33.359> five.
  • <01:30:16.320> Olson House file five. Olson votes no. Olson House file five.
Keywords: 1183, house
FL
Transcript Highlights:
  • Have you introduced the late-filed amendment, barcode 970238? Thank you very much, Mr. Chair.
  • This provides an exemption for nursing homes operated by state agencies from the requirements.
  • This provides an exemption for nursing homes operated by state agencies from the requirements.
  • The bill also allows the department the ability to grant more narrow and limited exemptions... ...Commission
  • The bill also allows the department the ability to grant more narrow and limited exemptions for people
Summary: The Appropriations Committee on Health and Human Services first heard and adopted the proposed fiscal year 2025-26 budget for the committee, which was presented as a $1.8 billion increase over the current base budget. The budget emphasized Medicaid and KidCare funding, IT modernization, workforce reductions tied to unfilled or augmented positions, provider rate increases, mental health and substance use funding, opioid treatment, elder care, veterans’ services, cancer research, and school nurse staffing. The committee approved technical adjustments and then adopted the budget proposal for submission to the full Senate Appropriations Committee. The committee then considered several bills, most of which were reported favorably. SB 152 on surgical smoke required hospitals and ambulatory surgical centers to adopt smoke evacuation policies; it drew strong support from nurses and other health care workers describing workplace and patient safety risks. CS/SB 958 on early detection of type 1 diabetes required the Department of Health to develop informational materials for schools and, by amendment, early learning coalitions. CS/CS/SB 170 on nursing homes required consumer satisfaction surveys, patient safety culture surveys, reporting to the health information exchange, financial reporting penalties, and Medicaid quality incentive reporting; an amendment exempted state-operated homes, including veterans’ facilities, and directed a study of quality incentive systems. CS/SB 738 updated and streamlined child care regulation, and CS/SB 1356 created the Florida Institute for Pediatric Rare Diseases at Florida State University and a related pediatric rare disease screening pilot. The committee also passed SB 1370, which reorganized ambulatory surgical centers into their own statutory framework, with testimony emphasizing their lower costs compared with hospitals. Finally, the committee considered CS/CS/SB 1626 on child welfare and related issues. After adopting multiple amendments that removed references to unaccompanied alien children and special immigrant visas, changed language on child abuse definitions, and required DCF to set room-and-board rates by methodology rather than fee schedule, the bill was explained as strengthening child welfare protections, codifying military-family coordination, improving domestic violence shelter certification, adjusting children’s services council appointments, clarifying missing-child procedures, and updating licensing and compliance provisions. The bill drew both support and opposition, particularly over missing-child jurisdiction and immigration-related concerns, and was ultimately reported favorably. A final motion to record a vote on SB 958 was also adopted.
FL

Florida 2026 Regular Session

Appropriations Committee on Health and Human Services Mar 26th, 2025

Appropriations Committee on Health and Human Services

Transcript Highlights:
  • Have you introduced the late-filed amendment, barcode 970238? Thank you very much, Mr. Chair.
  • This provides an exemption for nursing homes operated by state agencies from the requirements.
  • This provides an exemption for nursing homes operated by state agencies from the requirements.
  • The bill also allows the department the ability to grant more narrow and limited exemptions for people
  • The bill also allows the department the ability to grant more narrow and limited exemptions for people
Summary: The Health and Human Services Appropriations Committee met to review and advance the Senate’s fiscal year 2025-26 budget proposal for the committee’s portfolio. The presentation highlighted a $1.8 billion increase over the current base budget, including full funding for Medicaid and KidCare, investments in IT modernization, Medicaid provider rate increases, mental health and substance use services, opioid treatment, foster care and guardian assistance, elder care, veterans’ services, cancer research, school nurse staffing, and other public health initiatives. The committee adopted a motion allowing technical adjustments and then approved the budget proposal to be reported to the full Senate Appropriations Committee. The committee then heard and voted on several bills. SB 152 on surgical smoke protection required hospitals and ambulatory surgical centers to adopt smoke evacuation policies; nurses testified in support, citing workplace and patient safety risks, and the bill was reported favorably. CS/SB 958 on early detection of type 1 diabetes required the Department of Health to provide educational materials to schools and, by amendment, early learning coalitions; it was also reported favorably. CS/CS/SB 170 on nursing home oversight added consumer satisfaction surveys, reporting requirements, quality incentive changes, and financial reporting penalties, with an amendment exempting state-operated homes and directing a study of best practices; it passed after questions about dementia, language access, and retaliation protections. CS/SB 738 modernized child care regulation by streamlining DCF processes and reducing obsolete requirements, and was reported favorably without opposition. The committee also approved CS/SB 1356 creating the Florida Institute for Pediatric Rare Diseases at FSU and a Sunshine Genetics pilot to expand rare-disease screening and research, with support from members emphasizing early detection and data collection. SB 1370 separated ambulatory surgical centers into their own statute, with testimony that the change would better reflect the industry and help avoid burdensome regulation; it passed favorably. Finally, CS/CS/SB 1626 made a range of child welfare changes, including codifying DCF coordination with military installations, adjusting shelter certification, refining criminal-background exemptions, extending licensing compliance time, addressing room-and-board rate methodology, and clarifying missing-child procedures; after adopting three amendments and hearing both support and concerns, the bill was reported favorably. The committee also recorded a member’s affirmative vote on SB 958 before adjournment.
AZ

Arizona 2026 Regular Session

02/17/2026 - House Education

Education

Transcript Highlights:
  • Otherwise, we will go in order of who filed on the request to speak.
  • that we want to speak on the bill who are members of the public otherwise we will go in order of who filed
  • They say, you know, flexibility only lets us get so far within this playbook; we need an exemption to
  • I think so—no, they wouldn’t be able to request an exemption for graduation requirements.
  • Or charter school make the request for an exemption, waiver, or modification of specific state laws,
Keywords: 1182, all
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-03-24 - 9:30AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • And I'm not saying issuing a nickel fee here, a 25 cent fee there.
  • support its position on exempting support its position on exempting interstate<01:09:58.600>
  • what's known as a fee-for-service what's known as a fee-for-service environment.<01:25:20.840>
  • Fee for service is more expensive.
  • Fee for but this will save dollars.
Keywords: 927, senate, all
TX
Transcript Highlights:
  • An institution may offer resident tuition and fees to non-resident students. so long as they receive
  • from this requirement and that a school district may not not charge a tuition fee to a peace officer's
  • The industry contributed $277 million in local taxes and fees. critical community services.
  • The district did apply for the exemption, even though they later told us they didn't feel comfortable
  • No, not under the committee substitute or the filed bill, the original bill.
LA

Louisiana 2026 Regular Session

House of Representatives Jun 1st, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • You're exempted in your home. Huh? There's an exemption if you're in your home.
  • And this is pre-file, so this does not account the five bills that we have after pre-filing is done.
  • that they could pre-file.
  • I filed this way because I was going to file an H.C.R., but I didn't feel like we had enough time to
  • And after I filed an H.R., but I was going to file...
LA

Louisiana 2026 Regular Session

House of Representatives Jun 1st, 2026

Louisiana House Floor Meeting

Summary: The House convened with a quorum, opened with prayer, the pledge, and a national anthem performance, then moved through several personal privileges and recognitions. Members welcomed a student cancer survivor and entrepreneur, Bella of Brave Bella Bead Company, and also recognized a new legislative assistant, a page leaving for college, and a resolution honoring National Mississippi River Day. The chamber also received conference committee reports and enrollment reports, and returned some previously failed measures to the calendar, including H.R. 119 and H.B. 410. The main floor action centered on a series of Senate concurrent resolutions, most of which were adopted overwhelmingly. These included SCR 59 on re-evaluating flood maps and insurance rates tied to the Comite River Diversion Canal, SCR 61 urging higher reimbursement for behavioral health crisis centers, SCR 62 calling for review of school-zone safety and speed limits, SCR 68 creating a blockchain and digital innovation task force, SCR 69 encouraging continued research to reduce sugarcane burning, SCR 70 supporting the Major Richard Star Act for medically retired combat-wounded veterans, SCR 54 supporting the Mississippi River Basin Fishery Commission Act, SCR 55 designating the Peggy Martin Rose as the official state rose, SCR 64 creating a construction manager-at-risk task force, SCR 75 studying a Louisiana maneuvers museum and trail, and SCR 80 creating a task force on the minimum foundation program and long-term teacher pay funding. Most passed with little or no opposition, with SCR 84 on earthquake seismic activity in several parishes amended to adjust task force membership before final adoption. The House also heard a personal privilege statement honoring the late Ponder P.C. Clinton Jr., a noted Black farmer, cattleman, and community leader in Shreveport’s Cedar Grove neighborhood, and expressed condolences to his family. Later, members received a hurricane-season reminder from Rep. Jay Galle about disaster response procedures and the need to work through parish emergency offices. The transcript ends as the House moves into additional concurrent resolutions returned from the Senate with amendments.
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 4/15/26

Human Services Finance and Policy

Transcript Highlights:
  • <00:09:04.160> uh uh Representative Noor's House File uh uh Representative Noor's House File
  • <00:12:35.600> 4638 Section 18 comes from House File 4638 Section 18 comes from House File
  • <00:13:10.800> fee-for-service review for fee-for-fee fee-for-service review for fee-for-fee
  • Moving to Section 41 from House File Moving to Section 41 from House File 4969, 4969, 4969, um<00
  • lender with significant fees. lender with significant fees.
Bills: HF4207, HF4338
TX

Texas 89th Regular

Appropriations - S/C on Article II Feb 25th, 2025

Appropriations - S/C on Article II

Transcript Highlights:
  • Okay, and we just have the number of exemptions that have been filed with us is how we keep.
  • So one of their school districts, their kindergarten exemption.
  • So there's about a 23% exemption rate, 22%. 23% exemption rate, their coverage rate is about 77%.
  • Are these non-medical exemptions or a mixture? It's a mixture.
  • It only works in fee-for-service.
Keywords: 1184, house, all
TX

Texas 89th 2nd C.S.

State Affairs Mar 26th, 2025

State Affairs

Transcript Highlights:
  • Members, this was the bill I laid out that requires electric utilities to file mitigation plans with
  • I don't know if a lawsuit has actually been filed, but they are trying to collect and make sure that
  • Under local law, current law, local authorities could regulate sound through permitting systems, fees
  • This includes permitting and fees for basic operational needs like deliveries.
  • Simultaneously, insurance companies are prohibited from increasing premiums solely for filing a claim
TX
Transcript Highlights:
  • is a fraudulent filing and it's flagged.
  • We spent a lot of money on legal fees.
  • For some strange reason, they want to exempt mental property. Interest.
  • to be filed.
  • Most documents are filed through e-file or e-recording. This is only for in-person filing.
Bills: SB15, SB 15
ND
Transcript Highlights:
  • Are the mineral fees, the fees that get paid?
  • The requirement to file those reports is in Century Code.
  • are various filing cabinets where these are stored.
  • They were put in files.
  • Our holding company had to do it, and we had to pay fees, and we went through that fee structure every
Summary: The committee met to receive a series of audit presentations, beginning with the statewide Annual Comprehensive Financial Report (ACFR) for fiscal year 2025. The State Auditor’s Office and OMB reported a clean, unmodified opinion for the state, with strong financial results including a $40.6 billion net position, $30.99 billion in assets, $1.81 billion in liabilities, and continued Legacy Fund growth. OMB also explained the new GASB 101 compensated-absences reporting change and discussed pension-liability fluctuations tied to discount-rate assumptions and investment performance. Members asked about how the state compares to others and about the effect of short-term commodity price swings, and OMB said the report reflects actual fiscal-year results rather than forecasts. The committee then heard the University System audit, which also received a clean opinion but included four findings: misreporting of Strategic Investment and Improvements Fund revenue, insufficient monitoring of service organizations at CTS, NDSU, and UND, improper bank reconciliations at Dakota College of Bottineau, Dickinson State, and Williston State, and investment/cash reconciliation problems at Bismarck State College related to bond proceeds. University officials agreed with the findings and said corrective actions were underway, including internal review of bank reconciliations. Members raised questions about NDSU’s use of certificates of deposit, and university staff explained that CDs are used to earn interest on funds being accumulated for future projects. Several other audits were presented, most with clean opinions and no findings, including the State Auditor’s Office, Workforce Safety and Insurance, Housing Finance Agency, Housing Incentive Fund, Job Service North Dakota, the Retirement and Investment Office, PERS, the Center for Distance Education, the Commission on Legal Counsel for Indigents, the Ethics Commission, and the Office of Administrative Hearings. Notable exceptions included a State Fair Association audit with an adverse opinion on the foundation component unit because its financial statements were not available for audit, and a Securities Department performance audit finding that performance-based pay increases and bonuses were issued without required evaluations. The committee also discussed the State Auditor’s future needs, including more staff capacity, data analytics, cybersecurity reviews, possible subpoena authority, independent legal counsel, and whether some audits—such as the Ethics Commission and State Fair—should be handled by independent third parties or under different statutory arrangements.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Fifty Three - Thursday, April 16

Missouri House Floor Meeting

Transcript Highlights:
  • mentioned, is a little more expanded ability for our great attorney general to fight fire with fire and file
  • opinion, this bill is some cleanup language for the Department of Natural Resources, and it would exempt
  • The land application fields of currently permitted CAFOs could be determined to be exempt from permitting
  • But the idea that we're going to exempt agriculture, the idea that we're going to exempt some permits
  • That adds 578-009 to the part about dogs owned and in service, exempting them from 5708-009.
Summary: The House opened with prayer and the Pledge of Allegiance, then approved the House Journal for the prior day by roll call vote, 126-2. Members also observed a moment of silence for former Rep. Barney Fisher, a Marine Corps lieutenant colonel and House member from 2005 to 2013, and welcomed several guest groups, including Southern Boone third graders, Lake of the Ozarks visitors, and other special guests in the gallery. The chamber then took up several third-reading bills. Senate Bill 907, the Act Against Abusive Website Access Litigation, was amended and passed 148-0; supporters said it was aimed at curbing abusive ADA website demand-letter lawsuits while giving businesses, nonprofits, churches, and political subdivisions 90 days to cure issues. House Joint Resolution 159, which would modernize constitutional limits on state treasurer investments, passed 100-34 after debate over whether it gave too much discretion and whether it could yield about $15 million annually. House Bill 2741, requiring CDL holders and applicants to be able to read and speak English sufficiently for road safety and carry certain documents, passed 104-22 amid concerns about subjectivity and immigration impacts. House Bill 2474, adding progressive design-build as an optional project delivery method for local governments, passed 141-5. The House also passed House Bill 3076, described as cleanup language exempting agricultural non-point sources from water permitting and aligning state practice with federal rules, by 102-41 after sharp debate over whether it would weaken water protections. House Bill 2436, dealing with animal abuse, neglect, impoundment, and return of animals after disposition hearings, passed 88-54 despite objections that it could prolong cases and burden counties. House Bill 2576, the chamber’s naming bill adding observances such as Blood Donation Awareness and Missouri Black Bear Awareness Day, passed 140-3. Finally, House Bill 3175, “Mason’s Law,” allowing health-condition information to be shared with law enforcement for traffic stops, passed 147-0. The House then announced upcoming committee work, noted a Rules Committee meeting, and adjourned until 4 p.m. Monday, April 20, 2026.
NH

New Hampshire 2025 Regular Session

House Judiciary (01/30/2025)

Transcript Highlights:
  • Oh, and Representative Smith, you already filed your report, which is perfectly good.
  • um exchanging of fees um exchanging of fees whatsoever<00:22:43.279> um<00:22:44.000>
  • basically asking for for attorney fees basically asking for for attorney fees from<00:22:59.520>
  • <00:29:15.760> of have been a reduction in filings of have been a reduction in filings of
  • I mean, there are resources available. they pay a significant fee uh each of they pay a significant fee
Keywords: 928, house, all
Summary: The House Judiciary Committee met in executive session and first corrected a procedural issue by revoting on House Bills 98 and 164, which had already been reported out unanimously. HB 98, concerning professional limited liability company assistant managers, was again voted ought to pass by a 16-0 roll call and placed on the consent calendar. HB 164, concerning local records, was reopened because of a fiscal note amendment; the committee adopted Amendment 2025-0087 unanimously and then voted ought to pass as amended 17-0. Because HB 164 goes to Finance, it will not go on consent, and the chair asked for the updated report that night. The committee then took up HR 6, a resolution condemning the judicial doctrine of disparate impact. Representative Manos moved inexpedient to legislate, arguing the resolution overreached because disparate impact is a judicial doctrine and the legislature cannot bind the courts. Representative Cordelli also supported ITL, citing drafting problems and the need for substantial revision, including an outdated reference to the New Hampshire governor. The committee voted 15-2 to ITL the resolution, and it was placed on consent; the chair asked for the report by the end of the day and noted there would be no minority report. Finally, the committee discussed HB 111, which extends the right-to-know ombudsman position. Representative Kuttab offered an amendment to address concerns raised in testimony about discouraging use of the office and shifting attorney-fee burdens; the amendment was adopted 16-1. The committee then voted 15-2 to ought to pass as amended. Supporters said the ombudsman saves money by reducing court filings and should be continued, while opponents argued the office needs restructuring and that additional funding was not justified. The bill will go to Finance, and the chair requested the report by the end of the day. The committee also began discussion of HB 66 and related bills on right-to-know access, with the chair outlining a proposed amendment to limit remote records requests to people with a New Hampshire connection, but no final action was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 Apr 28th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • First reading of Senate File Number 2511, an act relating to liquor.
  • This has been clarified to the original intent of the retail delivery fee.
  • And let me be specific on this $75 annual registration fee.
  • So, user fees do not fully cover the costs of our roads.
  • The next bill on the calendar for today is House File 2431.
NH

New Hampshire 2025 Regular Session

House Finance Division I (09/18/2025)

Transcript Highlights:
  • I said, 'We're tax exempt. Prove it. It's in your files.'
  • you are fully tax exempt. you are fully tax exempt. 2003<00:21:35.600> a<00:21:35.840>
  • said we're tax exempt. Prove it. said we're tax exempt. Prove it.
  • I found out from It's in your files.
  • They have been filed lawsuits.
Keywords: 928, house, all
Summary: The committee first took up House Bill 219, which would revise the renewable portfolio standard. Representative Bose explained that the bill would modify class one definitions, eliminate class two, reduce the utility obligation for class one thermal renewable energy certificates from 2.2% to 1.7%, and adjust alternative compliance payments for classes one, three, and four. He said the changes were intended to save ratepayers an estimated $5.7 million annually, would not materially harm the renewable portfolio standard, and would have little effect on class two because that market is already saturated. Members questioned the impact on consumers, the state budget, and the renewable energy fund; Bose said the fund had already been redirected in the state budget, and another member noted an amended fiscal note showing a $1.2 million reduction in general fund revenue. The committee also discussed the bill’s history, including that it had been added to HB 2 and later removed by the Senate, and Bose said the Senate’s eventual action was hard to predict. The committee then heard House Bill 164 on local records retention from Secretary of State David Scanlan. He said the long-standing local records manager position had never been funded, but that the need for it had grown as towns increasingly digitize records and must ensure accessibility, including ADA compliance. He described the bill as a way to provide state support and expertise to municipalities, especially smaller towns with limited resources, and said the fiscal note for hiring the position remained accurate, though broader website and storage costs could rise over time. Members asked about retrieving lost records, the cost of a public website, and whether records should remain local or be stored at the state level; Scanlan said the state would serve as a resource rather than take control of local records. Finally, the committee began work on House Bill 365, also with Secretary Scanlan, concerning proof of U.S. citizenship for indigent voters. He said the bill would help voters who may lack required documents under the new voter registration law by allowing the state to verify qualifications through federal, private, or other state databases and by providing vouchers to cover the cost of obtaining documents such as birth certificates. He compared the proposal to earlier voter ID accommodations and said the goal was to help qualified voters meet the new requirements without weakening them. Members raised questions about defining “indigent,” how out-of-state birth records would be handled, and the practicality of the verification process; Scanlan said the term would likely need further discussion and that the state would try to assist voters before election day whenever possible.
AR
Transcript Highlights:
  • So we're also setting up within our system once the DME provider gets that attestation on file that in
  • both Also setting up within our system once the DME provider gets that attestation on file that in both
  • Rule G is the increase to the administration fee for the RSV vaccination for children.
  • Um, it is an increase to the administration fee.
  • The next rule is the telemedicine exemption for treat, triage, and transport services.
Summary: The committee reviewed a series of Arkansas DHS and Department of Health rules, most tied to 2025 legislation. Early items covered Medicaid changes including presumptive eligibility application timing, adding a fictive kin definition for foster child eligibility, raising the able account disability onset age to 46, allowing continuous glucose monitors to be billed by both pharmacy and DME providers, increasing the RSV vaccine administration fee for children, a telemedicine exemption for ET3 ambulance services, and a physical therapy access rule that also included occupational therapy. Members generally asked limited questions and most rules were reviewed without objection. A major portion of the meeting focused on the dental rate increase rule under Act 1025. DHS said it implemented rate increases for certain pediatric, special-needs, and oral surgeon services, but not orthodontics, and it interpreted the act as applying only to oral and maxillofacial surgeons, not general dentists. The Arkansas State Dental Association and legislative sponsors testified that the intent was to cover general dentists performing oral surgery procedures for special-needs patients, estimating the broader interpretation would add about $1.5 million annually. Committee members debated the plain language of the act versus legislative intent, and the rule was reviewed, but with testimony noting the issue should be fixed in future legislation. Later items included the Healthy Moms, Healthy Babies rule adding doula and lactation consultant billing and remote monitoring benefits; an adverse decisions rule extending provider appeal time from 35 to 65 days; CNA training program updates; PASSE network-status disclosure rules; certification rules for community-based doulas and community health workers; cosmetology, massage therapy, lead-based paint, radiation, radiologic technology, and RV park rule updates. Most of these were described as technical, statutory, or federally driven changes and were reviewed without objection. The committee briefly reopened the CGM rule after a motion to expunge the prior vote, and Representative Wardlaw said he would hold the rule for further review because he believed the billing changes did not match the law’s intent. The meeting ended with no further business and adjournment.
LA
Transcript Highlights:
  • Now, during tax season, employees are filing their tax returns and claiming the 0.09% overpayment for
  • Lottery, of course, tobacco settlement, provider fees, not so much.
  • People file late returns in November of this year, November of the following year.
  • But there, it’s an extension to pay, excuse me, file, not to pay.
  • The tax exemption booklet, which has more than just this. Absolutely. Keep that in mind.
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.
LA
Transcript Highlights:
  • Now, during tax season, employees are filing their tax returns and claiming the 0.09% overpayment for
  • Lottery, of course, tobacco settlement, provider fees, not so much.
  • People file late returns in November of this year, November of the following year.
  • But there, it's an extension to pay, excuse me, file, not to pay.
  • The tax exemption booklet, which has more than just this. Absolutely. Keep that in mind.
Keywords: 965, house, all
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.