Video & Transcript Research : 'fiscal trigger'

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TX

Texas 89th Regular

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

Appropriations - S/C on Article II

Transcript Highlights:
  • In fiscal year 23, we had a total of 111 incidents.
  • In fiscal year 22 compared to fiscal year 24 and then fiscal year 25.
  • So in fiscal year 2022, with the same resources, the hold time averaged at 7.3. minutes in fiscal year
  • Recommendations include $5.4 million for fiscal year 2025. And $5.4 million for fiscal year 2025.
  • This is to reduce the cost for fiscal year 2025.
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 2/20/25

Human Services Finance and Policy

Transcript Highlights:
  • all the agencies are working on fiscal all the agencies are working on fiscal notes<00:23:12.679
  • whatever comes down in this this fiscal whatever comes down in this fiscal<00:32:02.360> takes
  • uh because that is not fiscally uh because that is not fiscally responsible<00:41:46.599> to<
  • Is it every entity or just the fiscal host? Representative Anderson: Thank you.
  • Is it every entity or just the fiscal host? Representative Anderson: Thank you.
Bills: HF1, HF98
MN

Minnesota 2025-2026 Regular Session

Casting provisional ballot requirement 3/9/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Again, it's had fiscal notes in the past of millions of dollars.
  • So, I am wondering if there is a fiscal note on this bill.
  • Again, it's had fiscal notes in the past of millions of dollars.
  • Again, it's had fiscal local level.
  • <00:16:40.959> note, knowing not having a fiscal note, knowing not having a fiscal note, sending
Keywords: 1183, house
AZ

Arizona 2026 Regular Session

02/19/2026 - Joint Legislative Audit Committee

Joint Legislative Audit Committee

Transcript Highlights:
  • The district's student counts have decreased almost 9% since fiscal year 2022 and just over 3.5% in fiscal
  • Now, this is the general fund position as of the end of fiscal year 2025 versus fiscal year 2024 unaudited
  • fiscal year it was 44%.
  • The lowest fiscal year in the 25 years of reporting instructional spending was in fiscal year 2024, which
  • We believe in fiscal discipline.
Keywords: 1182, all
MN

Minnesota 2025-2026 Regular Session

Conference Committee on HF1141 5/12/26

Transcript Highlights:
  • of 5.6 million in fiscal 2030, 8 million in fiscal 31, and ongoing for the life of the bonds, approximately
  • $2 million in fiscal in fiscal 29. $2 million in fiscal in fiscal 29.
  • <00:03:05.920> 31,<00:03:06.519> and fiscal 2030, 8 million in fiscal 31, and fiscal
  • in fiscal 2026. in fiscal 2026.
  • > which<00:04:31.280> on, million in fiscal 28 and 29, which on, million in fiscal 28 and
Keywords: 919, house, all
Summary: The conference committee on House File 1141, the Omnibus Housing Finance and Policy Bill, reviewed the fiscal spreadsheet and policy language for the agreement. Staff explained the major funding items, including appropriations for greater Minnesota workforce housing, manufactured home park infrastructure grants, family homelessness prevention, supportive housing, a tenant hotline, and housing infrastructure bonds, along with a cancellation of unused Tyler settlement funds and a reallocation of Housing Development Fund earnings. Staff said the package was budget neutral over the forecast window. The policy walk-through also covered provisions on livestreaming Housing Finance Agency board meetings, limits on administrative retentions for new grant programs, restrictions and reporting on Housing Development Fund transfers and earnings, clarifying language for local public housing, an exemption related to lived-experience engagement, and access for legislative fiscal staff to agency accounting information. Members then considered several amendments. The A12 amendment, allowing certain local governments to invest long-term funds in housing-related investments, was adopted after a roll call showed support from all three caucuses. The A16 manufactured housing bill of rights amendment, which would have addressed park-owner practices, purchase opportunities, enforcement, and rent increases, was not adopted. The A18 amendment to allow additional flags in HOAs and other areas was also not adopted. The A17 amendment to limit private equity ownership of single-family homes to 100 units was not adopted. The A13 amendment to preempt local rent control was not adopted. Members on both sides said some of the rejected issues warranted further discussion in future sessions, while supporters argued they were needed to address housing affordability and ownership pressures. In closing discussion on the bill as a whole, members from both chambers praised the bipartisan process, the staff work, and the Minnesota Housing Finance Agency’s collaboration. Supporters said the agreement would help build thousands of homes across the state, assist vulnerable Minnesotans, and improve transparency and accountability in housing programs. They also noted the bill’s mix of single-family, multifamily, manufactured housing, homelessness prevention, and policy reforms. The committee expressed intent to move the agreement forward to the House floor and ultimately to the governor.
FL

Florida 2026 Regular Session

Appropriations Committee on Agriculture, Environment, and General Government Jan 14th, 2026

Appropriations Committee on Agriculture, Environment, and General Government

Transcript Highlights:
  • Governor's environmental fiscal year 2026-2027 budget recommendations.
  • For fiscal year 2026-27, the commission has requested a total of 14...
  • The number of cases filed at PERC in the 2022-23 fiscal year was 329.
  • Currently, the state has 29 fiscally constrained counties.
  • So we took a look at the program needs for next fiscal year, and the governor felt...
Summary: The committee first took up confirmation of five water management district appointees: Ted Everett and Jerome Pate to the Northwest Florida Water Management District, Michael Romano to the Big Cypress Basin Board of the South Florida Water Management District, and Paul Bissfam, John Hall, and Virginia Johns to the Southwest Florida Water Management District. Senator McClain moved confirmation, the roll was called, and the committee recommended all appointees favorably. Members then received the Governor’s Florida First budget presentations for environmental agencies. The environmental package totaled about $5.8 billion and emphasized Everglades restoration, water quality, resilience, land conservation, state parks, hazardous waste cleanup, wildlife management, wildfire response, and citrus support. DEP highlighted more than $1.4 billion for water resources, including $810 million for Everglades restoration, $202 million for Resilient Florida, $150 million for Florida Forever, $70 million for state parks, and $221 million for contamination cleanup. FWC, Agriculture, and Citrus funding priorities were also outlined. Members asked about Florida Forever funding, state park wastewater and septic needs, a reduction at the Florida Wildlife Research Institute, and beach renourishment funding for storm damage. The committee also heard the General Government portion of the budget, which totaled about $2.9 billion and covered DBPR, Lottery, Financial Services, Management Services, Revenue, PERC, and the Gaming Control Commission. DBPR requested funds for license processing, an animal abuse hotline, fleet replacement, and IT retention. FGCC sought new enforcement squads and an IT licensing/enforcement system. The Lottery proposed marketing, retail engagement, IT, and retention funding. DMS emphasized building modernization, fleet telematics, 911 and radio upgrades, cybersecurity, a local government cybersecurity grant program, and data interoperability. PERC described a sharp increase in labor cases and elections after SB 256 and requested staffing, election administration, and hearing officer pay increases. DFS highlighted My Safe Florida Home, fire marshal and first responder support, financial investigations, and gold and silver legal tender implementation. Revenue requested operational and IT funding and support for fiscally constrained counties. Questions focused on DBPR’s condo and HOA initiatives, cybersecurity grant reductions, and the My Safe Florida Home program’s abandoned grants and matching requirements. No additional votes were taken, and the committee adjourned.
TX
Transcript Highlights:
  • It began increasing again in fiscal year 2023 and is projected to continue increasing through fiscal
  • It began increasing again in fiscal year 2023 and is projected to continue increasing through fiscal
  • to fiscal year 2024 by over 6,000.
  • fiscal year 2027.
  • to 165 in fiscal year 2024.
Bills: SB 1
Summary: The Senate Finance Committee heard a presentation from the Legislative Budget Board on the Texas Department of Public Safety’s Article 5 budget. LBB recommended $3.7 billion in all funds for 2026-27, a 5.2 percent decrease from the base, while FTEs would rise by 856.7. Major items included funding for driver license services, DPS facilities, troopers and recruit schools, crime labs, vehicle and aircraft operations, border security, and rider changes. The committee also reviewed DPS exceptional items not included in the recommendation, including additional staffing, technology, and facility requests. Members focused heavily on driver license operations, criticizing long wait times, call abandonment, and repeated staffing increases without clear process improvements. LBB said the agency’s call-answer rate was about 9 percent in fiscal 2024, with average hold times around 34 minutes, later reduced to roughly 22-25 minutes. Senators questioned whether more FTEs alone would solve the problem and urged a broader efficiency study and better use of technology. DPS officials said they were pursuing process changes, including appointment-system upgrades, online pre-population of forms, and remote issuance options, while noting that Real ID requirements and population growth continue to drive demand. DPS leadership then outlined the agency’s priorities: completion of the Williamson County training academy, recruitment and retention of troopers, capital needs for vehicles and aircraft, and expanded responsibilities at the Capitol complex and the Alamo. Officials said the new trooper funding would help address staffing shortages, public safety, and border operations, and that overtime and deployment patterns had been adjusted to reduce burnout and improve flexibility. They also discussed Operation Lone Star, saying DPS spending is largely overtime, travel, and fuel, and that the agency continues to coordinate with federal partners while awaiting clarity on possible federal reimbursement for border security costs. Senators also raised concerns about oilfield theft, cartel activity, high-speed pursuits, bilingual pay, and the Texas Ranger Hall of Fame and Museum, and DPS said it would follow up on some of those issues.
LA

Louisiana 2026 Regular Session

Water Sector Commission May 31st, 2026

Transcript Highlights:
  • In addition, the limited fiscal administrator is in the process of being appointed, but that order from
  • so they are looking for a funding source because we are going to be switching over to the limited fiscal
  • Do they have any, the fiscal administrator, going to be able to look at the rates and possibly pick up
  • And we want to make sure it's contingent on the limited fiscal administration. Right.
  • And to Senator Jenkins' point, if the fiscal administrator isn't appointed, then...
Summary: The committee met with a quorum, approved the April 16 minutes, and then took up several water-system funding and deadline matters. For Magnolia Plantation Water System, Division of Administration staff requested a long extension to complete plans, specifications, cost estimates, and matching-fund documentation for a wastewater treatment plant. After questions about the loan from LDH, the test well, and the approaching ARPA/state-fund spending deadline, members approved a shorter extension requiring plans and specifications by the end of the year, with the permit deadline remaining April 8, 2027. Members then considered St. Mary Parish Water and Sewer Commission No. 5’s request for an additional $619,850 to cover construction and engineering shortfalls and contingencies after a prior scope reduction. Staff explained the increase was tied to change orders and that the project was not expected to miss spending deadlines. The committee approved the additional funding. The committee also adopted revised phase two guidance to align emergency subfund rules with recently passed legislation, clarifying who may apply and the process for limited fiscal administrators and receiverships. Finally, members approved a $1.4 million emergency subfund request for the Tallulah water system to keep a temporary filtration skid in place while a limited fiscal administrator is appointed and a long-term fix is developed. The approval was made contingent on the appointment of the limited fiscal administrator, and staff said they would provide updated expenditure information and projections at the next meeting.
NH

New Hampshire 2025 Regular Session

House Finance Division I (02/24/2025)

Transcript Highlights:
  • To put that in perspective, last fiscal year, in fiscal year 24, we did about 370 exams, so it's about
  • To put that in perspective, last fiscal year, in fiscal year 24, we did about 370 exams, so it's about
  • To put that in perspective, last fiscal year, in fiscal year 24, we did about 370 exams, so it's about
  • To put that in perspective, last fiscal year, in fiscal year 24, we did about 370 exams, so it's about
  • To put that in perspective, last fiscal year, in fiscal year 24, we did about 370 exams, so it's about
Keywords: 928, house, all
Summary: The committee first heard the Banking Department’s fiscal year 2026-2027 budget presentation from Commissioner Amelia Galeri. She described the department as a self-funded consumer protection regulator overseeing two main areas: the Banking Trust Division, which supervises state-chartered banks, credit unions, and trust companies, and the Consumer Credit Division, which oversees more than 7,000 licensees including mortgage and money transmitter businesses. She said the department’s budget is about 86% salaries and benefits, with 53 positions all filled, and explained that the agency funds itself through fees, fines, and end-of-year assessments on regulated entities. Galeri said the department is facing workload growth from several directions: continued growth in the trust industry, increased fintech supervision, and a new requirement to regularly examine auto dealers that take finance applications, which adds about 300 exams over two fiscal years. She said the department was directed to flat-fund its budget based on 2025 levels but was allowed to increase travel and training. To stay within that limit, she said the department reduced office space, went paperless, converted administrative and licensing positions into examiner positions, and expects to defund an embedded DOJ database administrator position once a new SharePoint system is fully implemented. Members asked about how the department’s revenue and assessments work, including whether fees were increasing and how much existing banks would pay. Galeri said fees are not being raised, most banks pay little or no fines, and assessments are based largely on asset size, with trust companies paying the bulk. She also explained that fines are set by statute, generally capped at $2,500 per violation for consumer credit entities, and said she would not recommend increasing that cap. The committee then voted to accept the Banking Department’s budget proposal as presented in HQ1, with a motion and second and no discussion. The transcript then moved to the Department of Energy budget. Commissioner Jared Chakin and Chief of Operations Lenny Radio discussed federal program funding, including LIHEAP fuel assistance and weatherization. They said the apparent drop in fuel assistance funding from FY 2024 actuals to the budgeted amount is due to the loss of ARPA and CARES Act supplemental funds, while weatherization remains a federally constrained program with a waiting list and limited flexibility. Members also asked about a proposed transfer from the renewable energy fund; staff said the transfer would still allow the department to carry out its statutory duties for the year, though the committee deferred deeper discussion until House Bill 2.
WI

Wisconsin 2026 1st Special Session

Joint Committee on Finance Jun 2nd, 2026

Joint Committee on Finance

Transcript Highlights:
  • Fiscal Bureau... All righty. Motion passes 15 to zero.
  • Are there any questions of fiscal bureau?
  • Fiscal Bureau. Good morning. Good morning.
  • 26 and $6.4 million in fiscal 27.
  • This is... $6.4 million in fiscal 27.
Keywords: 970, all
FL

Florida 2025 Regular Session

March 4, 2025 - 04:00 PM

Transcript Highlights:
  • And please note on this slide, we are aware that it should read fiscal year 2023-24, and not 2023-25.
  • In fiscal year 2003-04, a total of $59.8 million was appropriated for all add-on weights funded in the
  • And then you'll see that by fiscal year 2024-25, that amount has grown to almost $600 million.
  • year when compared to other fiscal years.
  • When compared to other fiscal years.
Summary: The Pre-K through 12 Budget Subcommittee met for its first meeting of the 2025 session and received an overview of add-on weights in the Florida Education Finance Program (FEFP), followed by a Department of Education presentation on a legislatively required study of add-on weight funding and expenditures. The chair explained that add-on weights apply to acceleration and career programs such as AP, IB, ACE, CAPE, dual enrollment, early graduation, and certain small-district needs, and noted that add-on funding has grown substantially as the base student allocation increased. The chair also raised concerns that the department’s report did not clearly show whether districts’ reported costs included the full costs required by the proviso, and asked for more specificity on any recommended adjustment to the weights. Deputy Commissioner Suzanne Pridgen said the department surveyed districts on how they spent add-on revenue for fiscal years 2021-22 through 2023-24, with categories including teacher compensation, materials, equipment, professional development, exam fees, counseling, apprenticeship costs, and other expenditures. She said most add-on funds were spent on teacher bonuses and compensation, with AP, ACE, CAPE, and dual enrollment showing the largest increases in spending in 2023-24 due to higher FEFP funding; IB and early graduation were relatively flat. The department reported that add-on revenue covered between 41.8% and 79.2% of total program expenditures in 2023-24 and recommended adjusting add-on weights to better align with pre-2023-24 funding relationships, though no specific percentage was given during the meeting. Members asked about how “other” expenditures were categorized, whether teacher compensation included only statutory bonuses, how dual enrollment tuition and fees were counted, the small district factor, and whether the weights incentivize districts to offer advanced programs. The department clarified that teacher compensation in the study referred only to bonuses, that some “other” costs included charter school payments and dual enrollment tuition/fees, and that the small district factor is 1.0277, increasing base funding by 2.77% for fiscally constrained counties. No votes were taken, and the meeting adjourned after the presentation and questions.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 13th, 2026 at 01:35 pm

House Appropriations & Finance

Transcript Highlights:
  • We actually closed thirty individuals during the federal fiscal year, twenty-seven in the state fiscal
  • years and funded it over two fiscal years.
  • 24 to fiscal 25.
  • In fiscal 26, we did not receive any special appropriations.
  • in the next half of Fiscal 26.
Keywords: 996, all
MN

Minnesota 2025-2026 Regular Session

House Rules and Legislative Administration Committee 3/10/25

Rules and Legislative Administration

Transcript Highlights:
  • Those sure sound like fiscal implications to me. Is a fiscal note been completed for the bill?
  • Those sure sound like fiscal implications to me. Is a fiscal note been completed for the bill?
  • Well, fiscal notes usually are requested when we need to assess the fiscal impact of a bill, and I do
  • Well, fiscal notes usually are requested when we need to assess the fiscal impact of a bill, and I do
  • > it the uh fiscal fiscal components in it the uh fiscal fiscal components in it allow<00:04:21.280
Bills: HF550
NH

New Hampshire 2025 Regular Session

Fiscal Committee (10/28/2025)

Transcript Highlights:
  • Call the Fiscal Committee meeting to order and mention that we have replacement members.
  • Uh and at the end of the state fiscal year, we look at what we receive in rebate revenue.
  • Uh and at the end of the state fiscal year, we look at what we receive in rebate revenue.
  • Uh and at the end of the state fiscal year, we look at what we receive in rebate revenue.
  • The excess MET revenue from state fiscal year 25.
Keywords: 928, house, all
Summary: The Fiscal Committee met with replacement members noted at the start and took up one emergency item from the Department of Health and Human Services: approval to accept and expend $2 million to support SNAP recipients during the federal shutdown. Commissioner Lori Weaver and CFO Nathan White explained that USDA/FNS had notified the state it would not receive November SNAP funds, affecting about 74,000 recipients. The department said it activated a contingency plan to contract with the New Hampshire Food Bank to expand mobile food pantries, targeting SNAP households and prioritizing locations based on need, with evening and daytime access and outreach through mail, text, email, social media, partner organizations, and a shutdown webpage. Committee members asked about timing, locations, reimbursement, and whether the state would be repaid by the federal government. Department staff said the food bank would likely need about a week to mobilize once the contract was approved, and that the contract would be cost-reimbursement based, with faster turnaround than usual but not advance payment. White explained the money would come from excess Medicaid Enhancement Tax revenue from state fiscal year 2025, which can be used only for Medicaid purposes under state law and SB 249, allowing general funds to be shifted to the food bank contract. Members also asked about other affected programs; the department said WIC had funding through November 10, energy assistance was expected to continue through December, and school breakfast/free and reduced lunch were not impacted. Members discussed broader public outreach, including a possible PSA and use of the New Hampshire Food Bank’s network of 417 partners, and one member suggested religious leaders or the governor might be better positioned to make donation appeals. The committee then voted unanimously to adopt the item (motion by Senator Gray, second by Senator Waters). The meeting ended with notice of the next meeting on November 21 at 11:00 and a motion to adjourn, which was approved.
NH

New Hampshire 2025 Regular Session

Fiscal Committee (12/19/2025)

Transcript Highlights:
  • <00:26:29.360> year financial reports for the fiscal year financial reports for the fiscal
  • So, like you given fiscal year.
  • owed in each fiscal year up to 10 fiscal owed in each fiscal year up to 10 fiscal years<00:37:42.000>
  • years appropriated and as future fiscal years appropriated and as future fiscal years come<00:37
  • between now and the end of the fiscal between now and the end of the fiscal year. year. year.
Keywords: 928, house, all
Summary: The Fiscal Committee met on December 19, with Senators Long and Lang serving as replacements. The committee approved the November 21 minutes and adopted the consent calendar after removing two Department of Health and Human Services items for separate discussion. It then took up an HHS request involving nursing facility rates, where Nathan White explained that $2.2 million would be transferred from a long-term care Medicaid eligibility contract to the nursing facilities budget. He said the funds would offset an otherwise projected 3.9% average rate decrease and bring the overall average change to zero for the next six months, with rates reset again in July under state law. Members asked about the budget adjustment factor, bed counts, and whether additional funds could raise rates further; White said the factor is statutory, capped at 28.76%, and that more money would lower the factor and increase rates. The committee also corrected a date in the request from February 1, 2025 to February 1, 2026, and approved the item. The committee next approved another HHS item related to rural health transformation grants. Members confirmed the request covered the full amount applied for this biennium, and asked about the technology component. HHS said the grant is not solely about AI, but about broader technology improvements such as electronic medical records, back-end systems, and tools to improve access and sustainability in underserved areas. The committee approved that item as well. The Judicial Council then requested funds for contract attorneys providing indigent defense on a fixed-fee basis. The council said current funds had already been exhausted and that the new appropriation would be used immediately. Members questioned the size of the request and the number of people awaiting counsel; the council reported about 150 incarcerated people and about 300 non-incarcerated people waiting for counsel, more than in recent years. It attributed the increase to competition for attorneys, public defender offices closing intake in some locations because of caseload limits, and broader case and court-system changes. One member raised constitutional concerns about delays in counsel for incarcerated defendants. The committee ultimately amended the request downward to $1 million, approved it, and then approved a motion to place several annual financial reports on file and release them to the public when available. The committee also discussed dashboard reporting from HHS, asking for more detail on community mental health center caseloads and budget-reduction information, and HHS agreed to provide more useful monthly detail.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - Part 1 - 05/14/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • And in the fiscal note, prohibited use.
  • <00:34:22.520> note might think that there is a fiscal note might think that there is a fiscal
  • And so, I think this is a clear one that has a fiscal impact.
  • And so, I think this is a clear one that has a fiscal impact.
  • clear one that has a fiscal impact. clear one that has a fiscal impact.
Keywords: 1187, senate, all
MO

Missouri 2026 Regular Session

Crime and Public Safety Apr 21st, 2026

Crime and Public Safety

Transcript Highlights:
  • And this fiscal cycle, it costs us directly under $100,000.
  • And this fiscal cycle, it costs us directly under $100,000. Yeah.
  • And, of course, all fiscal notes do that worst-case, best-case scenario.
  • I don't dispute the numbers that fiscal came up with.
  • Thank you. ...a whole bunch of that fiscal burden. That's my thoughts.
Keywords: 959, house, all
Summary: The committee first met in executive session and voted House Bill 2808 do pass by a vote of 9 yes, 4 no, and 1 present. The hearing then moved to public testimony, with a scheduling note that House Bill 3533 would not be heard that day. The first public hearing was on House Bills 1808 and 3435, companion measures known as Grace’s Law, which would create a narrow social host liability cause of action for adults who knowingly provide alcohol to a visibly intoxicated person and whose conduct leads to injury, death, or property damage. Sponsors said the bills would close a gap in Missouri law and align the state with other states that allow some social host liability, while committee members raised questions about personal responsibility, scope, and whether the language could reach ordinary social gatherings or other substances. Testimony in support came from the mother of Grace, whose death in a drunk-driving crash prompted the bill, from a relative of another drunk-driving victim, and from Mothers Against Drunk Driving, all emphasizing accountability, prevention, and the need for a civil remedy for families harmed by impaired driving. The committee then heard House Bills 3439 and 3480, which would amend the Public Safety Protection and Recruitment Act to include volunteer firefighters in the tuition assistance program. Sponsors said the bills are intended to help rural fire departments recruit and retain volunteers, especially in communities that rely heavily on volunteers for fire and emergency response. Members questioned the fiscal impact, whether volunteers should receive the same benefit as full-time personnel, and whether the program should be structured as a tuition waiver rather than a scholarship to reduce costs. Supporters, including fire chiefs, a fire service association representative, and the Missouri Chamber of Commerce, said volunteer firefighters perform dangerous and essential work, often with limited compensation and long response times in rural areas, and that the benefit would help recruitment and retention. No votes were taken on the public hearing bills, and the hearing concluded after testimony.
MN

Minnesota 2025 1st Special Session

House Veterans and Military Affairs Division 3/26/25

Veterans and Military Affairs Division

Transcript Highlights:
  • <00:08:17.120> year 353,000 increase for state fiscal year 353,000 increase for state fiscal
  • Uh 800,000 for state fiscal year 2026. Uh 800,000 for state fiscal year 2026.
  • uh state fiscal year 26. uh state fiscal year 26. and<00:12:06.639> pending<00:12:07.040>
  • year 393,000 in fiscal year 393,000 in fiscal year 26<00:25:52.320> and<00:25:52.559>
  • Uh, the fiscal loved one in service.
Keywords: 1183, house
TX

Texas 89th Regular

Finance Apr 9th, 2025

Finance

Transcript Highlights:
  • The fiscal impact is less than a tenth of 1% to the overall fund.
  • Extending these incentives is a proven, fiscally responsible strategy. Thank you.
  • By $177 million in fiscal 26 and another $133 million in fiscal 27, so there's $300 million to the benefit
  • The fiscal note is fairly de minimis. Well, they don't use it. They're doing it.
  • The fiscal note is fairly de minimis. This bill.
Summary: The Senate Finance Committee heard several tax and economic development bills. SB 935 would exempt counties from the motor fuels tax on fuel used exclusively in county vehicles; Sen. Hall and Cass County Judge Travis Ransom argued it would save counties money without changing fund allocations, and the bill was left pending while the committee waited for the House version. SB 2206 would extend and revise Texas’s research and development incentives by tying the franchise tax credit more closely to federal law and changing the program’s effective date; supporters from business, manufacturing, and tax policy groups said it would protect innovation jobs and help startups, while the Comptroller’s office explained the fiscal note and said the committee substitute was no longer needed. The committee later withdrew the substitute and left the bill pending before ultimately voting it out favorably. The committee also heard SB 2020, which would repeal the “rehab tax” on nonresidential remodeling. Sen. Campbell said a large fiscal note led him to delay a full presentation, but builders, architects, and contractors testified that the tax raises remodeling costs, complicates audits, and discourages reuse and reinvestment in existing buildings. The bill was left pending. SB 2018 would create a two-year “strong families” tax credit for businesses donating to nonprofits that provide family support services; supporters from Family First, Buckner International, and Texas Baptist said it would strengthen families, father engagement, and upstream prevention, while the author said the Comptroller and HHSC were still working on administration details. That bill was also left pending. After a quorum was established, the committee heard and later reported several bills favorably. SB 1030 would exempt certain aircraft maintenance, repair, and overhaul parts from sales tax for general aviation; industry, airport, and local economic development witnesses said it would keep high-wage aviation work in Texas and improve competitiveness with neighboring states, and the bill was reported favorably. SB 214 would create a temporary sales tax holiday for qualifying residential HVAC systems; it was laid out and left pending. SB 1901 would make administrative and ethics changes to the Opioid Abatement Fund Council, including staggered terms, conflict rules, and fund reallocation procedures; it was reported favorably. SB 266 would repeal the Texas Research Incentive Program and use the appropriation to address the existing backlog of unmatched donations; the chair and Sen. Paxton said the state should honor past commitments, and the committee substitute was adopted and the bill was reported favorably. The committee then recessed subject to the call of the chair.
MN

Minnesota 2025 1st Special Session

House Education Finance Committee 2/13/25

Education Finance

Transcript Highlights:
  • Then, as you can see, it's just split out by biennium, so fiscal years 24 through 25, then fiscal years
  • in fiscal year 25.
  • <00:03:43.560> year fiscal year fiscal year 26<00:03:45.400> that<00:03:45.560> is
  • that then fiscal years 26 through 25 that then fiscal years 26 through<00:04:31.000> 27<00:04:
  • 25 we're 147,000 in fiscal year 25 we're currently<00:04:50.880> in<00:04:51.080> fiscal
Keywords: 1183, house