Video & Transcript Research : 'fiscal trigger'
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DE
Delaware 2025-2026 Regular Session
Senate Legislative Session - Session 2 - 38th Legislative Day Jun 18th, 2026
Delaware Senate Floor Meeting
Transcript Highlights:
- The official general fund revenue estimate for fiscal year 2026.
- The official general fund revenue estimate for fiscal year 2027.
- The Official General Fund Revenue Estimate for Fiscal Year 2027.
- Let's get back to managed fiscal notes on modest requests.
- I will tell you, talking about fiscal restraint and some of the I'll tell you, talking about fiscal restraint
Summary:
The Senate reconvened, read committee reports, and assigned House Bill 89 with House Amendment 1 and House Bill 393 with House Amendment 1 to the Senate Finance Committee. It then adopted Consent Calendar 64, which included resolutions recognizing Take Our Children to Work Day, Juneteenth, National Farmers Day, Invisible Disabilities Week, Stonewall Uprising Remembrance Day, National Nonprofit Day, and two property-assessment working group resolutions. The calendar passed by a unanimous roll call, and the chamber heard remarks supporting Juneteenth, Delaware agriculture, invisible disabilities awareness, and the nonprofit sector.
The Senate passed the fiscal year 2026 and 2027 revenue estimates in Senate Joint Resolution 16 and Senate Joint Resolution 17, and approved the fiscal year 2027 operating budget in Senate Bill 335 after extended debate on budget growth, recurring costs, health care, education, public safety, retiree obligations, and fiscal restraint. It also passed Senate Bill 336, the one-time supplemental appropriation bill, which includes one-time investments such as a $100 million transition toward a weighted education funding formula, election support, early childhood education, classroom projects, lead remediation, and campaign finance modernization. Several members praised the budget process and staff, while others cautioned against future spending growth.
Among policy bills, the Senate passed House Bill 369 to codify the Office of Gun Violence Prevention and Community Safety, House Bill 268 to increase penalties for assaulting postal workers, House Bill 374 to require workforce reporting on large public works projects, Senate Bill 253 with House Amendment 1 to standardize school bullying parental-notification procedures, Senate Substitute 1 for Senate Bill 342 to modernize the Delaware Motion Picture and Television Development Commission, House Bill 402 to extend Clean Air Act Title V permit fees, and Senate Bill 346 with Senate Amendment 1 to streamline Environmental Appeals Board timelines. The Senate also began consideration of House Bill 293, which would add hate crimes to the Victims’ Compensation Assistance Program, but the transcript cuts off before its vote is shown.
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Council Jun 12th, 2025
Transcript Highlights:
- We didn't require it to, to tap into that at this, in this fiscal year.
- Uh, that will be shifting, uh, starting the next meeting we'll be moving into fiscal year 26.
- One year ahead of those fiscal years too.
- We also want to look at the, the fiscal responsibility that we have with the number of schools.
- responsible fiscally, being fiscally cognizant of how we are making awards to other districts that have
NH
New Hampshire 2025 Regular Session
House Education Funding (02/25/2025)
Transcript Highlights:
- be U 184 million um going to fiscal be U 184 million um going to fiscal capacity<03:23:32.840>
- model um but moving towards the fiscal model um but moving towards the fiscal capacity<03:28:38.960
- Towns just making a new column oh fiscal Towns just making a new column oh fiscal capacity<03:39
- monies and it broke it up amongst fiscal monies and it broke it up amongst fiscal capacity<03:45
- quartiles and then they had the fiscal quartiles and then they had the fiscal Capac<03:50:04.040
Summary:
The Education Funding Committee met to review a large package of bills, with the first four—HB 717, 742, 773, and 603—focused on special education aid, formerly called catastrophic aid. Chair Ladin explained that the committee needed to move a special education bill forward by March 4 and was trying to determine which bill would serve as the vehicle. He described the current formula and the difficulty of estimating the fiscal impact of lowering the threshold from 3.5 times the statewide average cost per pupil to a lower level, noting that DOE did not have reliable data on how many students would fall into the lower-cost bands. The committee also noted that several other bills in the package addressed SWEP and adequacy issues, and that HB 510 dealt with due process rather than funding.
Mark Mello of the Bureau of School Finance testified that the department only has reliable data for special education expenditures above $70,000 per student, since claims are submitted for reimbursement at that point. He said the bureau was trying to estimate how many students might fall between 2.5x and 3.5x or 3x and 3.5x the average cost, but that the basic answer was they did not know and that any estimate would be difficult. He explained that moving the threshold from 3.5x to 2.5x would create a minimum additional cost of about $13.6 million based on existing claims, not counting new students who would enter the range. Members discussed whether districts already had the underlying data, whether a survey should be required, and how districts know when to begin tracking costs for reimbursement.
The committee also discussed proration and the state’s share of special education aid. Mello explained that the current 80% state share is modeled in the formula, but the actual payment has been prorated because appropriations have not matched the statutory liability; he said the state liability was about $50 million, while the budget had provided $34 million, resulting in a 68% payment rate. HB 742 was described as a bill that would eliminate proration by paying the liability directly from the education trust fund with an overflow mechanism. Members also discussed possible alternatives such as changing the state share, using a lower threshold in a transition period, or requiring districts to submit data. No votes or final actions were taken in the portion provided; the committee was still in discussion and considering which bills to advance.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Apr 23rd, 2025
Transcript Highlights:
- The state's Fiscal Crisis and Management Assistance Team has prepared a very thoughtful report.
- Budget later this month, with the full budget for federal fiscal year 2026 in mid-May.
- Fiscal Crisis and Management Assistance Team.
- The report on the fiscal implications for public agencies was issued on January 31.
- And so how do we do that without bringing our local public agencies into fiscal crisis?
Summary:
The Assembly Budget Subcommittee on Accountability and Transparency held a hearing focused on three issues: federal funding cuts and delays, possible state revenue impacts from reduced IRS enforcement, and the fiscal effects of AB 218 on local governments. The Franchise Tax Board described how state and federal tax systems are closely linked, how most returns are filed electronically through software, and how FTB relies on IRS information sharing for compliance, fraud prevention, offsets, and nonfiler work. Members raised concerns that federal staffing cuts at the IRS could weaken audits of large corporations and reduce California revenue, and asked about VITA and ITIN filers; FTB said it was not aware of VITA reductions, noted ITIN returns are processed the same as other returns, and said ITIN filing appeared slightly down this year. The Department of Finance said it is monitoring federal developments, summarized the continuing resolution and reconciliation process, and noted that California lost nearly $940 million in earmarked federal projects under the CR, while major federal budget decisions remain uncertain until the President’s budget and later congressional action.
The University of California reported substantial federal pressure on research, student aid, and health care. UC said hundreds of millions of dollars in federal awards have already been canceled, with additional threats to NIH and DOE facilities-and-administration rates, graduate fellowships, student loan repayment plans, international student visas, Pell Grants, and Medicaid/Medi-Cal funding. Committee members pressed UC on the effects of DEIA-related federal restrictions, the loss of clinical trials and research staff, and the impact on low-income students and patients. UC said it is pursuing litigation with the Attorney General and other institutions, but emphasized that court action is only a temporary solution and that sustained state and private support may be needed.
The second panel addressed the fiscal consequences of AB 218, which extended the statute of limitations for childhood sexual abuse claims against public agencies. FCMAT presented a report with 22 recommendations, including better statewide data collection, financing mechanisms, a possible victims compensation fund, and prevention measures. Los Angeles County described a tentative $4 billion settlement tied to AB 218 claims, saying it will require reserves, borrowing, and long-term annual payments through 2050, while also forcing curtailments and cuts to vacant positions to preserve services. Members discussed insurance pools, retroactive premiums, unidentified future claims, and the need for a compensation fund or other financing tools. No formal votes were taken; the hearing concluded with public comment, including testimony from local health officials about nearly $400 million in terminated federal public health grants and the resulting layoffs and service impacts.
MN
Transcript Highlights:
- Higher Education estimated in the fiscal Higher Education estimated in the fiscal note<00:09:15.120
- million one-time appropriation in fiscal million one-time appropriation in fiscal year<00:15:35.360
- <00:15:57.360>
year on campus initiative from fiscal year on campus initiative from fiscal - know what that fiscal impact is, because the fiscal notes have not yet been completed.
- a completed fiscal note. university estimated in the fiscal note university estimated in the fiscal
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 4/1/25
Human Services Finance and Policy
Transcript Highlights:
- I did have a question on the fiscal note as well. If Mr.
- In the three facilities in the fiscal note is actually a typo.
- With that, I think we also invested $300 million last fiscal year.
- With that, I think we also invested $300 million last fiscal year.
- With that, I think we also invested $300 million last fiscal year.
Keywords:
HF2367, Community First Services and Supports, CFSS, personal care assistance, PCA, consumer-directed community supports, CDCS, home and community-based services, HCBS, direct support professionals, direct care workers, caregivers, support workers, SEIU Healthcare Minnesota & Iowa, collective bargaining agreement, retention stipend, health care cost stipend, training stipend, orientation program, retirement trust
TX
Transcript Highlights:
- So the supplemental is necessary to finish out this fiscal year and the previous fiscal year.
- We adopted emergency rules for fiscal year 24 to sort of implement the program.
- The budget is for the fiscal year 2020-2021.
- This outlines that there was an 8% increase from those fiscal 25 rates into fiscal 26 and an 8% increase
- from those fiscal 26 rates into fiscal 27.
FL
Florida 2026 Regular Session
Environment and Natural Resources Dec 2nd, 2025
Environment and Natural Resources
Transcript Highlights:
- Last fiscal year, 66,398 acres were treated with prescribed fire.
- Just last fiscal year, state parks treated 44,752 gross acres to remove invasive exotic species.
- WMAs were visited by more than 1.4 million people during fiscal year 2024.
- During fiscal year 2024 alone, we had more than 4,800 hours of volunteer support, During fiscal year
- So fiscal year 25-26, we were appropriated $20 million for the Florida Forest Service.
Summary:
The Senate Committee on Environment and Natural Resources convened with a quorum present and took up SB 302 by Senator Garcia, which would promote nature-based solutions for coastal resilience. Garcia said the bill would direct DEP to adopt statewide guidelines, encourage local restoration projects through existing grant programs, streamline permitting for green and hybrid infrastructure, support workforce training, and require a study on flood-risk and insurance benefits. Senator Harrell asked about implementation, existing statutory authority, and possible fiscal impacts. The committee adopted an amendment clarifying that hybrid infrastructure need only combine green and gray elements, not prove superiority over either alone.
The committee heard supportive testimony on SB 302 from Katie Bauman of Surfrider Foundation, who said nature-based approaches such as dunes, wetlands, and mangroves are cost-effective and protective, and several organizations waived in support, including the Environmental Defense Fund of Florida, the Florida Shore and Beach Preservation Association, and 1,000 Friends of Florida. Senator Harrell said she supported the concept but remained concerned about the breadth of rulemaking and the fiscal implications of workforce funding. After closing remarks from Garcia, the committee voted to report CS for SB 302 favorably.
The remainder of the meeting consisted of informational presentations on land management. Brian Bradner of DEP reviewed Florida State Parks management, including prescribed fire, invasive species removal, hydrologic restoration, cultural resource preservation, visitor use, and budgeted land-management activities. Melissa Tucker of the Fish and Wildlife Conservation Commission described wildlife management areas, emphasizing habitat restoration, wildlife monitoring, ranch infrastructure, public access, and the economic value of the system. Rick Dolan of the Florida Forest Service outlined state forest management funded through a $20 million appropriation, including road and facility work, recreation upgrades, invasive species control, reforestation, habitat restoration, prescribed burning, and boundary marking. Senators praised the agencies’ work and noted the ongoing cost of managing state lands. The committee then adjourned without further action.
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/10/25
Commerce Finance and Policy
Transcript Highlights:
- SV Beckl, House Fiscal.
- You add the fiscal years 24 and 25 change to the fiscal years 26 and 27 change to get 3 million above
- in fiscal year 25.
- Uh and then in fiscal in fiscal year 25.
- This is $842,000 in fiscal years 26 and 27 and $1.114 million in fiscal years 28 and 29.
NH
New Hampshire 2025 Regular Session
House Finance Division I (02/19/2025)
Transcript Highlights:
- year 2025 and a 95% increase for fiscal year 2027 over fiscal year 2026.
- year 2025 and a 95% increase for fiscal year 2027 over fiscal year 2026.
- 2025 and a 95% increase for fiscal year 2027 over fiscal year 2026.
- 2025 and a 95% increase for fiscal year 2027 over fiscal year 2026.
- and a 95% increase for fiscal year 2027 over fiscal year 2026.
Summary:
The committee first reviewed House Bill 1, focusing on the legislative branch budget, especially the Senate and House lines. Members discussed that the Senate’s fiscal year 2025 adjusted authorized amount was higher than 2024 actual spending, largely due to personnel, benefits, and travel, and one member proposed a $500,000 annual cut. Staff explained that any reduction would need to be allocated across specific line items such as personnel, benefits, and travel, and noted that the Senate budget is entirely General Funds. After discussion of how the adjusted authorized figures were calculated and why the branch no longer staffs some joint committees as it once did, the committee moved on without taking a vote on that section.
The committee then heard a detailed presentation from the New Hampshire Retirement System. NHRS officials described their statutory administrative budget, which is funded through the retirement trust rather than the General Fund, and said the FY 2026-2027 increase is driven by IT modernization, cybersecurity, a new strategic plan, and additional staff positions. They also reviewed the system’s funding progress, clean audit opinions, investment performance, and changes to asset allocation, while noting that several recent pension-related laws required major database changes. Members questioned the large increase in salaries and benefits, the need for new employees versus contractors, the purpose of training costs, and the source of the Group Two benefit funding. NHRS said the governor’s budget includes General Funds for Group Two benefit changes, with $5 million in FY 2026 and $27.9 million in FY 2027, and that the figures reflect the governor’s recommendation and related HB 2 provisions.
Committee members also asked about employer and employee contribution rates for Group Two police and fire members, which NHRS said were not included in the budget document but were about 31.2% for police and 30.35% for fire, with employee shares around 11.55% and 11.8%. The committee did not make a decision on the NHRS budget during this exchange and indicated it would review the details further before returning to it later.
The committee then heard from the Community Development Finance Authority on the State Treasury Department budget line for the required state match to administer the federal Community Development Block Grant program. CDFA explained that its $280,000 annual request for FY 2026 and FY 2027, totaling $560,000, supports administration, technical assistance, contracting, and monitoring of roughly $19 million in annual federal CDBG funds. Members asked about the leverage of the state match, oversight of projects, staffing, and grant prioritization. CDFA said it has 18 employees, uses public hearings and a scoring system to prioritize awards, and conducts both desk and on-site monitoring, with annual audits to ensure compliance. No vote was taken on the CDFA item in the portion provided.
VT
Transcript Highlights:
- from the Joint Fiscal Office.
- from the Joint Fiscal Office.
- from the Joint Fiscal Office.
- We heard from the Legislative Council and the senior fiscal analysts from the Joint Fiscal Office, and
- analysts from the and the senior fiscal analysts from the joint<00:24:09.039>
fiscal <00:24:09.840
Summary:
The House took up several Senate proposals of amendment and, by voice vote, concurred in each. On House Bill 928, technical corrections to fish and wildlife statutes, the House suspended the rules, heard a section-by-section explanation of changes to hunting violation points, license expiration dates, license fees, and Champion Lands reporting, and then concurred after both the committee and Ways and Means reported favorable straw polls of 11-0. On House Bill 915, the extended producer responsibility program for beverage containers, the House also suspended the rules and heard a detailed summary of Senate changes affecting handling fees, redemption requirements, PRO administration, collection-site standards, reporting, and effective dates; Environment reported a favorable straw poll and Ways and Means noted a modest fiscal impact from higher liquor bottle handling fees, after which the House concurred.
The House then took up Senate Bill 328 on housing and common interest communities. The General and Housing Committee explained the Senate’s further amendments, including changes to the treasurer’s housing credit facility, consultation requirements, VHIP funding provisions, municipal housing planning, duplex and accessory dwelling unit rules, temporary multi-unit provisions, downtown and village center benefits, and common-interest-community reporting on vegetable gardens. Appropriations and Environment both reported no additional fiscal concerns and favorable straw polls, and the House concurred in the Senate proposal of amendment.
Finally, the House considered House Bill 542 on PCB testing in Vermont schools. The Senate strike-all amendment would extend the testing deadline to 2035, create a future special fund for testing and remediation, require PCB testing before major renovation projects using state construction dollars, and direct ANR to report on remaining costs and funding options. After questions about how the amendment would affect schools that had already tested or completed remediation, Education explained that existing remediation reimbursements would continue and that the amendment mainly delays the mandate and sets up a future funding mechanism. The House concurred, then recessed until 5:20 p.m. to prepare for additional Senate bills.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on State and Local Government (1-14-26)
State & Local Government
Transcript Highlights:
- So that $10 is what this fiscal impact statement represents.
- So then there will be no fiscal impact after that. Any questions?
- So that $10 is what this fiscal impact statement represents.
- And then this fiscal impact statement.
- fiscal impact after that. fiscal impact after that. Any<00:12:41.519>
questions?
Keywords:
Meeting Start: 00:02
Attendance Roll Call: 00:06
SB 10 (Sen. McDaniel): 00:56
SB 51 (Sen. Nemes): 08:30
Adjournment: 17:23, 958, all
Summary:
The Senate State and Local Government Committee met and first considered Senate Bill 10, a proposed constitutional amendment to restrict the governor’s pardon power during the 60 days before a gubernatorial election and until a new governor is sworn in, effectively limiting pardons for 90 days in a four-year term. Sponsor Senator McDaniel argued the measure was a response to abuses of the pardon power and said it would force accountability before voters. Senator Herron raised a concern about a possible chilling effect on pardons but supported the bill after asking about the historical example cited. The committee voted unanimously 11-0 to pass the bill with favorable expression.
The committee then took up Senate Bill 51, which would freeze property tax assessment increases for homeowners age 65 and older who reside in their homes, with the assessment resuming if the home is sold, vacated, or the owner moves to a nursing home or with family. Senator Neis described the bill as relief for seniors on fixed incomes facing rising property taxes, and he walked through the fiscal impact as a budgeted-revenue issue rather than an actual loss of current revenue. Several members spoke in support, saying constituents frequently raise concerns about being priced out of their homes and that the bill would help seniors remain in their communities.
During the roll call on SB 51, Senator Chambers Armstrong said he wished the bill were means-tested but supported it because of its importance to low-income seniors; Senator Bledsoe also explained his support, citing senior homeowners in Fayette County; and Senator McDaniel said it complemented broader housing efforts and should go to the people for a vote. The committee reported SB 51 with favorable expression, then adjourned.
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 1/16/25
Human Services Finance and Policy
Transcript Highlights:
- Chair Schumacher, for House Fiscal, Mr.
- We will help you interpret and analyze revenue estimates and fiscal notes and offer confidential fiscal
- Chair Schumacher, for House Fiscal, Mr.
- We will help you interpret and analyze revenue estimates and fiscal notes and offer confidential fiscal
- 40.320>
fiscal <00:04:40.639>analysis <00:04:41.120>of confid confidential fiscal
Summary:
The committee met for an introductory overview of its jurisdiction and staff roles. Nonpartisan House Research and House Fiscal staff explained that they draft bills and amendments, prepare bill summaries and background research, answer legal and fiscal questions, and help track revenue and budget effects. They also distributed a Budget Overview Brief intended to condense the larger budget materials into a more usable format for members.
Staff then walked through the Human Services budget and the committee’s areas of responsibility. They described the department structure, noting that DHS oversees administration, compliance, rulemaking, and county support, and that the overall Human Services budget is large, with medical assistance as the dominant program. They also explained recent and upcoming reorganizations: many children and family-related functions are moving to the new Department of Children, Youth, and Families, Direct Care and Treatment is becoming its own agency, and some homelessness-related functions remain at DHS. Staff reviewed how the budget is organized by program and budget activity, the difference between direct appropriations and standing appropriations, and how forecasted programs and “tails” work in the budget process.
The presentation also covered Medicaid financing and long-term care. Staff explained the federal-state FMAP match, including Minnesota’s current 51.16% federal match for most Medicaid spending, the CHIP match, and the 90% federal share for the expansion population. For long-term care, they outlined Medical Assistance services for elderly and disabled people, state-funded long-term care supports, and Board on Aging programs. They highlighted the personal care assistance program’s phaseout and replacement by Community First Services and Supports, and reviewed the five home- and community-based waivers.
Members asked one question about refugee resettlement funding, specifically whether it covers flights; staff said they would need to follow up on the exact use of the federal funds. No bills were heard, and no formal votes or other committee actions were taken during this meeting.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- For fiscal year 28, our school districts and our communities need relief.
- Despite these constraints, the city has exercised careful fiscal stewardship.
- I am pleased to report that the governor's fiscal year 2027 H2 budget proposal annualizes fiscal year
- year and a projected $30 million shortfall in fiscal year 2027.
- and Legislature continue funding this program at that level in fiscal year 2026.
Summary:
The hearing was a Joint Committee on Ways and Means budget session held in Lawrence focused on the governor’s proposed FY27 education and local aid budget, with remarks from legislative co-chairs, local officials, and education agency leaders. Acting Mayor Giovanni Rodriguez and Superintendent Ralph Carrero emphasized Lawrence’s high-need student population, the importance of Chapter 70 and Student Opportunity Act funding, and the impact of state aid on schools serving many English learners and low-income families. Carrero highlighted Lawrence High School programs such as early college, dual degrees, career pathways, and early childhood classrooms embedded in the high school, while lawmakers introduced themselves and noted the importance of the hearing to their districts.
Acting Secretary of Education Amy Kershaw, Commissioner of Higher Education Noi Ortega, Commissioner of Elementary and Secondary Education Pedro Martinez, and Commissioner of Early Education and Care Amy Kershaw outlined the administration’s FY27 priorities. They described investments in literacy initiatives, universal school meals, student mental health, early college and career pathways, higher education affordability, community college and university student-success supports, preschool expansion, child care subsidies, and workforce supports for early educators. The commissioners also discussed federal funding threats, equity gaps, and the administration’s efforts to improve outcomes for Black and brown students, multilingual learners, students with disabilities, and low-income students.
Members questioned the panel about the local contribution formula study, the final year of Student Opportunity Act implementation, and the need to revisit Chapter 70 funding to better address rising costs such as special education, transportation, and health care. Officials said the local contribution study report is expected by the end of June, with a draft to be shared after data analysis and public comment. Commissioner Martinez said the Student Opportunity Act narrowed funding gaps but more work is needed, and he pointed to a proposed Accelerating Achievement Initiative to support the highest-need schools. Senator Oliveira also raised concerns about Chapter 70 disparities and asked about partnerships with libraries to support literacy, prompting discussion of broader early literacy collaboration.
FL
Transcript Highlights:
- The Committee on Fiscal Policy will now come to order. Michelle, please call the roll.
- And this addresses the fiscal impact of it and really deals with the fiscal and the estimate that we're
- So there will be no fiscal for it. No fiscal for it.
- The fiscal amendment does address some of that.
- We anticipate for 26-27 a fiscal impact of $8.5 million.
Summary:
The Committee on Fiscal Policy met to consider CS for SB 1121, a bill on children with developmental disabilities, especially autism. Senator Harrell said the bill would expand early screening and referrals, extend Early Steps services, designate the University of Florida Center for Autism and Neurodevelopment as a statewide hub, create grants for autism-focused charter schools and summer programs, and establish an autism microcredential for instructional personnel. Supporters, including Florida Goodwill Association, Florida DD Council, Florida for Florida’s Future, and Autism Speaks, said the measure would improve workforce training, early intervention, and educational outcomes for children with autism.
The committee adopted two amendments. One expanded the Early Steps extended option so services continue until a child enters school, rather than ending at age four. The second addressed fiscal impacts, with discussion indicating no immediate cost this year but projected impacts of about $8.5 million in 2026-27 and about $15 million in 2027-28 as the program fully ramps up. Members also asked about Medicaid coverage, provider shortages, training, and whether private schools could receive charter-school grants; Senator Harrell said Medicaid-covered children would remain covered, the microcredential would be online and free, no provider reimbursement increases were built into the bill, and private schools would not be eligible for the charter-school grants.
After debate, including supportive remarks from President Passidomo emphasizing early detection and research into autism causes, the committee voted to report CS for SB 1121 favorably. The motion passed by roll call, and the meeting adjourned.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Dec 15th, 2025 at 09:14 am
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- The estimated reserves for Fiscal year 26 has 312 pending 2026 legislative actions, and fiscal year 25
- They work so hard on the fiscal impact reports during the session.
- You know, very higher, levels in fiscal year 2021.
- So, in fiscal year 23 and 24, we were at about 100 million.
- In fiscal year 25, it's down to 34 million.
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Oct 1st, 2025
House Appropriations & Finance
Transcript Highlights:
- Madam Chair, Representative, yeah, that's this is for Fiscal Year 26, so the current fiscal year, and
- Fiscal Year 27 for the upcoming fiscal year.
- Those are addressed in House Bill 1, making funding available for the current fiscal year, Fiscal Year
- 26, and into Fiscal Year 27.
- In the current fiscal year, that's correct.
MN
Transcript Highlights:
- I'll guide you through this fiscal note, as they look a little bit different from fiscal notes for other
- for fiscal year 2026, so it's assumed that that levy authority would be generated in fiscal year 2027
- In fiscal year 2028, it would be $1,910,000, and in fiscal year 2029 it would be $2,269,000.
- addition to the fiscal year 2027 amount addition to the fiscal year 2027 amount so<01:00:54.160>
- >
the <01:00:56.039>additional so for fiscal year 2026 the additional so for fiscal year
VT
Transcript Highlights:
- appropriation made in fiscal year 2027. appropriation made in fiscal year 2027.
- And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
- And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
- And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
- fiscal analyst with the Joint Fiscal fiscal analyst with the Joint Fiscal Office,<00:39:54.360><
Summary:
The House took up Senate Bill 323, suspending the rules to consider it immediately. The bill was described as a broad agricultural measure with committee amendments and fiscal implications, and it was reported favorably by the Agriculture, Food Resiliency, and Forestry Committee, Ways and Means, and Appropriations. Members outlined sections dealing with milk market corrections, farm-to-school language, repeal of the obsolete pest control compact, pesticide applicator licensing changes, seed law updates, the Vermont Agricultural Credit Program, hemp regulation, and CAFO-related provisions. The Agriculture committee reported the bill out 7-0-1, and the effective date was described as July 1, 2026, except for the hemp provisions, which would take effect upon passage.
Much of the discussion focused on the hemp sections. Supporters said the bill updates Vermont law to reflect federal changes and shifts hemp oversight from the Agency of Agriculture to the Cannabis Control Board. The hemp provisions would create registration and licensing requirements for hemp producers, processors, and certain hemp products; set fees; authorize testing, inspections, stop-sale orders, and administrative penalties; and allow rulemaking on product standards, labeling, insurance, additives, and age restrictions. Speakers said the changes were intended to help Vermont’s hemp industry maintain access to banking, insurance, and interstate commerce while improving consumer safety and regulatory clarity.
Other agricultural provisions were also explained in detail. The bill would clarify milk producer hearing rights, update farm-to-school grant/contract language, remove outdated pest-control compact language, and adjust pesticide applicator exam and fee rules, including removing the limit on retakes and eliminating certain government applicator fees. It would also modernize seed labeling and definitions, transfer the Vermont Agricultural Credit Program into a new statutory structure under VEDA, and make conforming cross-reference changes in tax and cannabis fund statutes. The final sections would add a CAFO permit working group and require consultant training for state agencies on CAFO inspections, with those provisions contingent on future funding. Ways and Means noted the bill’s fee changes could affect state revenues, including an estimated hemp-related impact of roughly $10,000 to $90,000, though the exact effect was uncertain.
MN
Transcript Highlights:
- Um I will fiscal effects of the bill.
- It has no fiscal effect.
- This has the effect of recognizing $44.4 million of revenue in fiscal year 27 instead of in fiscal year
- <00:13:49.279>
year fiscal year 27 instead of in fiscal year fiscal year 27 instead of in - <00:22:18.240>
year impose a cost beginning in fiscal year impose a cost beginning in fiscal