Video & Transcript Research : 'reverse transfer'

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MN

Minnesota 2025-2026 Regular Session

Committee on Finance - Part 1 - 04/27/26

Finance

Transcript Highlights:
  • <00:36:18.440> that transfers that transfers that canceled<00:36:19.680> $100,000 canceled
  • And also, we are allowing some individual school fund transfers.
  • And finally, I described the context of the one-time fund transfer at line 34, the PELSB fund transfer
  • > out<00:57:57.520> from<00:57:57.800> the transfer out from the transfer out from
  • fund transfer out from the Pellsbury fund transfer out from the special<00:58:23.000> revenue
Keywords: 1187, senate, all
HI

Hawaii 2026 Regular Session

AGR Public Hearing - Fri Jan 30, 2026 @ 9:30 AM HST

Agriculture & Food Systems

Transcript Highlights:
  • > is transferring either division is transferring either division is necessary<00:51:21.040>
  • proposes transferring proposes transferring not<01:05:40.559> just<01:05:40.960> the
  • None of us transfer over.
  • None of us transfer over.
  • None of us transfer over.
LA

Louisiana 2026 Regular Session

Finance May 21st, 2026

Finance

Transcript Highlights:
  • It provides for the transfer, use, and deposit of state monies and various Treasury funds.
  • It is a mechanism used for the transfer, deposit, and use of money among state funds.
  • House Bill 313 is a mechanism used for the transfer, deposit, and use of money among state funds.
  • This bill is frequently used as a vehicle to transfer money between funds and make necessary changes
  • The agencies in this bill operate on fees, self-generated revenues, interagency transfers, statutory
LA

Louisiana 2026 Regular Session

Finance May 21st, 2026

Finance

Transcript Highlights:
  • It provides for the transfer, use, and deposit of state monies and various Treasury funds.
  • Funds Bill 313 is a mechanism used for the transfer, deposit, and use of money among state funds.
  • This bill is frequently used as a vehicle to transfer money between funds and make necessary changes
  • The agencies in this bill operate on fees, self-generated revenues, interagency transfers, statutory
  • This is $206.1 million funded in the State General Fund, $9.0 million from interagency transfers, and
Summary: Senate Finance met on May 21, 2026, with nine members present. The committee first recognized Mother Pearl Porter during a personal privilege presentation by Senator Boudreaux. It then took up the major budget measures for fiscal year 2026-27, beginning with HB 1, the general appropriation bill. The committee heard that the state budget was about $46.6 billion and that recent Revenue Estimating Conference revisions required reductions in recurring spending. Amendments removed new funding for GATOR and increased MFP amounts, while also directing Revenue Stabilization Fund dollars toward infrastructure, economic development, and local government needs. The committee adopted amendment set 4238 and reported HB 1 as amended, with authority for technical changes. The committee next considered HB 312, the supplemental appropriations bill for the current fiscal year. Members were told the amendments balanced the budget to the May REC forecast through a net reduction in state general fund spending, including savings in Medicaid and other agencies, while covering updated costs such as medical vendor administration, DCFS operations, DOC offender medical expenses, and disaster-related costs. Amendment set 4239 was adopted, and HB 312 was reported favorably as amended. HB 2, the capital outlay/infrastructure bill, was then amended with set 4230 and reported as amended. HB 3, the omnibus bond act authorizing bond usage for HB 2, had no amendments and was reported favorably. The committee also advanced HB 313, the funds bill, which includes the constitutionally required deposit of $144.3 million of FY 2025 surplus into the Budget Stabilization Fund and various transfers and fund adjustments. Amendments expanded or created several funds and mechanisms, including infrastructure and economic development-related funds, and HB 313 was reported favorably as amended. HB 314, the revenue sharing bill distributing the constitutionally mandated $90 million to local governments, was reported favorably without amendment. HB 383, the ancillary appropriations bill for fee-supported agencies, received amendment 3138 and was reported favorably as amended. HB 983, funding the judiciary, was amended to remove judicial pay adjustments and instead fund a possible transfer of the integrated criminal justice information system to the Supreme Court if SB 141 becomes law; it was reported favorably as amended. HB 1126, the legislative branch appropriations bill, was amended and reported favorably as amended. Finally, HCR 3, the hospital stabilization resolution used to support Medicaid hospital reimbursements, was amended to give LDH more flexibility on the timing of directed payments and preprint submissions, then reported as amended. The committee adjourned after a motion to do so.
MN

Minnesota 2025 1st Special Session

House Public Safety Finance and Policy Committee 2/25/25 - Part 1

Public Safety Finance and Policy

Transcript Highlights:
  • Each day they wonder: Will my codefendant or ex try to transfer here?
  • <01:04:28.000> to<01:04:28.079> Shak male was transferred to Shak male was transferred
  • <01:04:45.160> to manipulate the system and transfer to manipulate the system and transfer
  • c> Shaka Men Who ultimately transferred to Shaka Men Who ultimately transferred to Shaka included
  • trans men um who have been transferred trans men um who have been transferred uh<01:40:40.639>
Keywords: 1183, house
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 20th, 2026 at 04:16 pm

House Appropriations & Finance

Transcript Highlights:
  • My other question is, amounts can be transferred among categories.
  • When it says that money can be transferred through categories, so this Piece of legislation names things
  • Representative, so yes, money could be transferred between and all of the categories that are in all
  • Chair, at least for the Legislative Council Service, I would request that the Council approve a transfer
  • If this is Section 4, and this is Section 5, and Section 6, then we can transfer it from Here all the
Bills: HB1
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 20th, 2026

House Appropriations & Finance

Transcript Highlights:
  • My other question is amounts can be transferred among categories.
  • When it says that money can be transferred through categories, so this Piece of legislation names things
  • Representative, so yes, money could be transferred between all of the categories that are in all of those
  • Chair, at least for the Legislative Council Service, I would request that the Council approve a transfer
  • If this is Section 4, and this is Section 5, and Section 6, then we can transfer it from here all the
Bills: HB1
MN

Minnesota 2025 1st Special Session

House Environment and Natural Resources Finance and Policy Committee 3/11/25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • <00:02:17.480> restriction agricultures transfers restriction agricultures transfers restriction
  • At the time of the transfer, U.S.
  • Leases can be transferred only once, and the transfer must be to a person within the third degree of
  • It's if we share a great-great-great-great-grandfather. is transferred leases can be transferred is transferred
  • to<00:50:39.079> a only once and the transfer must be to a only once and the transfer must
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 04/07/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • First off, section one requires PERA to transfer assets, liabilities, and records from the Statewide
  • Paragraph B notes that section 353G.17, which governs transfers, applies to this transfer except as changed
  • , applies to this which governs transfers, applies to this transfer<00:59:18.120> except<00:59
  • There is in your package um um transfer.
  • distributions and can then just transfer distributions and can then just transfer it<01:01:52.640
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Assembly Higher Education Committee Apr 21st, 2026

Higher Education

Transcript Highlights:
  • Overall, transfer enrollment into the CSU increased by 2% this year.
  • We welcome more than 64,000 transfer students this fall.
  • Across California, 91% of transfer applicants are admitted to the CSU each year.
  • Clearly, transfer alone is not enough. There is also a time challenge.
  • We already have the partnership when it comes to transferring students.
Keywords: 988, house, all
AR

Arkansas 2026 1st Special Session

JOINT BUDGET COMMITTEE Mar 5th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • So that would be a transfer? Yes. Intra-agency transfer? Yes, that's correct.
  • It looks like moving forward there is no TANF transfer... TANF transfer for 24/25.
  • Looks like moving forward, there is no TANF transfer.
  • “$194 million transfer from P.Y. Residual General Revenue. Yes, sir.
  • It was a transfer in to pay the bills.” “Okay. Thank you.
Summary: The committee heard a series of Arkansas Department of Human Services budget presentations and questions, beginning with the Secretary’s Office and then the Division of Aging, Adult and Behavioral Health Services. Staff described the divisions’ appropriations, funding sources, and major programs, including senior centers, Meals on Wheels, mental health grants, substance abuse treatment, community alcohol safety, the Medicaid tobacco settlement program, and crisis stabilization units. Members raised concerns about flat or limited funding for senior services, the use and tracing of federal block grants, the lack of a funding source for the veterans’ mental health grant, and the mechanics of the community alcohol safety and treatment programs. The committee also discussed patient benefits funds at state facilities, transportation for senior center clients, and whether some special-language appropriations or fund balances should be revisited. Executive recommendations were adopted for the divisions considered. The committee then reviewed the Division of Children and Family Services and the Division of County Operations. Questions focused on foster care growth, adoption subsidies, professional fees tied to staff training and onboarding, vacancies, the Children’s Trust Fund, and TANF subgrants. Members asked about the reduction or elimination of TANF funding to child advocacy centers and other subgrantees, and DHS explained that prior reserves had been spent down and that the department was now trying to live within the annual TANF block grant and rebuild reserves. County operations questions also covered summer EBT, SNAP employment and training, the farmers’ market program, and the expected impact of a federal SNAP administrative match change, which DHS estimated would increase state costs by about $24 million annually, with roughly $18 million affecting the current year because the change begins October 1. Executive recommendations were again adopted. Finally, the committee heard from the Division of Developmental Disability Services and the Division of Medical Services. DDS testimony covered vacancies, staffing shortages, human development center construction and repairs, the reopening of the Boonville work training program, and funding for infant infirmary and child/family life programs. Medical Services testimony covered the Medicaid program, the current FMAP rate, the Our Kids B CHIP program, Medicaid payments to schools, nursing home distress funding, and large appropriation lines used to provide flexibility for claims and potential facility closures. Members asked for more detail on school Medicaid payments, reserve balances, and why some appropriations were much larger than actual spending. In each division, the committee moved and adopted Executive REC after questions concluded.
AR

Arkansas 2026 Regular Session

JOINT BUDGET COMMITTEE Mar 5th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • So that would be a transfer? Yes. Intra-agency transfer? Yes, that's correct.
  • It looks like moving forward, there is no TANF transfer.
  • "And then as far as what is that $294 million transfer from P.Y. residual general revenue?"
  • So that was just a transfer from the trust fund account."
  • It was a transfer in to pay the bills." "Okay. Thank you.
Summary: The committee heard budget presentations and took executive recommendations on several Department of Human Services divisions, including Aging, Adult and Behavioral Health Services; Children and Family Services; County Operations; Developmental Disability Services; and Medical Services, with most divisions showing little or no significant change in total appropriations. Staff and agency witnesses repeatedly explained that many large appropriations are maintained for flexibility, federal matching requirements, or contingency needs, even when actual spending is much lower than the authorized amount. Members also raised concerns about staffing vacancies, long-vacant budgeted positions, and the use of excess appropriation authority across DHS. In Aging, Adult and Behavioral Health, members questioned federal funding levels for mental health and substance abuse grants, the status of senior centers and Meals on Wheels, the Medicaid tobacco settlement program, community alcohol safety grants, and the veterans mental health grant. Agency officials said federal block grants are largely committed, that senior center funding had been delayed by shutdown timing but was now back on track, that the tobacco settlement program had been moved internally within DHS, and that the veterans mental health appropriation remains unfunded. Senators also criticized the adequacy of support for seniors and asked for more detail on how transportation, meal services, and local contributions are funded. In Children and Family Services, members asked about rising appropriation levels, foster care and adoption subsidies, professional fees, the number of children in foster care, and the Children’s Trust Fund. DHS said increases reflect added flexibility for residential treatment, adoption subsidies, and prevention services, while the foster care population has remained fairly steady at about 3,400 children. The Children’s Trust Fund was described as supporting primary prevention programs such as Baby and Me and community schools, and members asked whether it could be administratively combined with other efforts. Questions also covered TANF subgrants, with DHS explaining that it had reduced outside subgrants after discovering over-obligation and was rebuilding reserves. In County Operations, members focused on the summer EBT program, SNAP employment and training, the farmer’s market program, and the state’s TANF reserve position. DHS said summer EBT is still being funded through temporary appropriations because it is a newer program, SNAP employment and training is largely federally funded and may expand under a pending policy change, and TANF reserves were drawn down after prior over-obligation but are now being stabilized. In Developmental Disability Services, members asked about vacancies, human development center staffing, facility construction funds, and the Booneville work program, and DHS said the program has reopened and staffing recruitment continues. In Medical Services, members asked about FMAP, the Our Kids B CHIP program, school-based Medicaid reimbursements, nursing home distress funds, and several large appropriation lines that far exceed actual spending; DHS said these are maintained for claims payment, nursing home receivership contingencies, and other flexibility needs. Each division reviewed was adopted by executive recommendation after questions concluded.
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Judiciary (2-19-26)

Judiciary

Transcript Highlights:
  • I mean, clearly that is a [snorts] I don't know if it would be necessarily a fraudulent transfer.
  • I mean, it might be a very legitimate transfer to simply try to protect my family if something like that
  • The act says that the transfer—me putting assets in the trust—does not have any pending or threatened
  • of transfer within the public records. of transfer within the public records. um<00:26:44.000>
  • in here um and essentially transferred in here um and essentially they<00:27:00.880> would<00
Keywords: 958, all
Summary: The Senate Judiciary Committee met with a quorum and took up Senate Bill 50, sponsored by Chair Storm and President Stivers, a broad probate and trust measure. Stivers and attorney Barry explained that the bill updates Kentucky probate and intestacy procedures to better fit electronic filing and modern family structures, adjusts inheritance tax classifications to reflect longer lifespans and more complex family relationships, and adopts newer trust tools used in other states, including electronic wills and directed trusts. They also described a domestic asset protection trust provision, saying it is intended to level the playing field with other states and is not meant to help people evade existing creditors; they noted one non-uniform section may have fiscal impact and could warrant referral to Appropriations and Revenue. Members asked about the asset protection trust language, especially whether it could shield assets after a lawsuit is pending or threatened. Barry said the bill would not allow transfers to defeat existing or threatened claims and that the protection only applies where there are no such claims at the time of transfer. Senators also discussed whether the trust could be used for spendthrift-style family planning, with Barry noting trusts can already be drafted for that purpose and that the bill is not aimed at that issue. Senator Thomas requested more detail on the inheritance tax changes, and Stivers explained that the bill would move more beneficiaries into the no-tax category because estates now often pass to older children, grandchildren, and step-relatives, creating unexpected tax liability. He and others said the changes were meant to reflect modern family patterns and longer life expectancy, and Thomas said he was not opposed to the tax changes but wanted the public to understand them. Tim Shank of the Kentucky Bankers Association testified that the bankers were not opposing the bill overall but had concerns about the domestic asset protection trust section, particularly its treatment of existing mortgages and creditor claims. He said the bill’s notice and claim-extinguishment provisions could create unintended consequences for mortgage holders, and he urged changes to protect existing debt. In response, Senator Thomas questioned whether a lender that takes no action for the bill’s six-month-to-two-year claim period should lose its claim, but Shank replied that federal mortgage rules and payment status could complicate that assumption. The discussion ended with acknowledgment that the mortgage issue was likely unintended and would need further review.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 17th, 2026 at 09:11 am

House Appropriations & Finance

Transcript Highlights:
  • And one of those places cites a transfer to the Commission for the Blind.
  • Transfers.
  • Hernandez, but I will say in the LFC recommendation for fund transfers, there is a transfer out of the
  • Continuing, as I said I would, into the fund... ...transfers.
  • And there's a transfer of $100 million from what fund?
Keywords: 996, all
MN
Transcript Highlights:
  • moving an approp moving this transfer moving an approp moving this transfer from<00:13:13.680>
  • section of the bill to the transfer section of the bill.<00:13:17.519> Um<00:13:17.839> so
  • And this is to the transfer section.
  • <00:14:16.959> And<00:14:17.120> that's transfer section of the bill.
  • And that's transfer section of the bill.
Keywords: 1187, senate, all
NM

New Mexico 2026 Regular Session

House - Judiciary Jan 28th, 2026 at 03:17 pm

House Judiciary

Transcript Highlights:
  • One man with lung cancer was newly transferred into the unit where the outbreak occurred.
  • One man with lung cancer was newly transferred into the unit where the outbreak occurred.
  • Have been transferred to ICE custody. Okay, that answers my questions.
  • When they're transferred, how do we know they're not going to something the same?
  • Individuals may be transferred to other detention facilities.
Bills: SB100
NH
Transcript Highlights:
  • Um, on 164, Dana Cole volunteered to work with them on the fund transfer that they did to the general
  • that they did to on on the fund transfer that they did to the<00:07:57.520> general<00:07:57.840
  • <00:24:25.120> So >> a transfer point, right? So >> a transfer point, right?
  • transferred from the escrow account. transferred from the escrow account.
  • So, I don't think they're gifts and donations. >> Oh, they're transferring it from somewhere.
Keywords: 928, house, all
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.
AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Feb 25th, 2026

Financial Services

Transcript Highlights:
  • <00:31:34.480> Missouri,<00:31:35.520> Pennsylvania, of transfers.
  • Missouri, Pennsylvania, of transfers.
  • It has protections with respect to the assets that can be transferred.
  • DOI approval, the health plan can't transfer more than 3%.
  • <00:42:03.040> there's assets that can be transferred. there's assets that can be transferred
Bills: HB55, SB15, SB247
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 4/8/25

Housing Finance and Policy

Transcript Highlights:
  • out to the um of a general fund transfer out to the housing<00:05:10.080> support<00:05:10.479
  • Section three on line 13 transfers the money currently in the housing support account to the general
  • Section four on line 18 repeals the housing support account and the statutory transfer to that account
  • Section three on line 13 transfers the money currently in the housing support account to the general
  • Section four on line 18 repeals the housing support account and the statutory transfer to that account
Keywords: 1183, house
FL

Florida 2026 4th Special Session

January 21, 2026 - 10:00 AM

Transcript Highlights:
  • The bill also gives OIR the authority to require affiliates to refund improper transfers back to the
  • I think if you look at it, or you could consider it this way: company transfers to company B, But the
  • . >> And OIR says no, the money must be transferred back.
  • So the company... ...be who received the money transfers. That backed company.
  • We know we have had a lot of issues with affiliates transferring money which we had no control over.
Summary: The committee met with a quorum and heard several insurance and banking bills. HB 1399, relating to property insurance affiliates, would increase Office of Insurance Regulation oversight of transactions between property insurers and affiliates, require fair-and-reasonable documentation, review of dividends and asset pledges, contract termination clauses, affiliate registration, and penalties for violations. Members from both parties generally supported the goal of transparency and accountability, though some raised concerns about costs and whether the bill would actually return money to insureds. The bill was reported favorably. HB 427, on public adjuster contracts, would allow vulnerable adults or their legal representatives to rescind public adjuster contracts without penalty, reflecting the sponsor’s personal concerns about protecting elderly and otherwise vulnerable family members from predatory contracting. Public testimony included support from several industry and elder-law groups, while the public adjuster association warned the bill could unfairly target one profession and urged broader language. Members debated whether the bill should be expanded to cover other solicitations and whether legal representatives should be treated differently, but the bill was ultimately reported favorably. The committee also approved HB 893, which aligns bank handling of law-firm trust accounts with Florida Supreme Court rules and supports legal aid funding, and HB 767, a transparency bill requiring insurers to provide consumers with plain-language explanations of rate increases and related factors. Members emphasized consumer education and clearer disclosures, and HB 767 passed 2-0. Later, HB 381, the Office of Financial Regulation agency bill, was amended and reported favorably; it updates financial regulation provisions including cybersecurity-related requirements, money services business rules, credit union and financial institution provisions, and fee timing. HB 777, a related public-records bill protecting nonpublic personal information submitted to OFR, was also heard and moved forward without opposition.