Video & Transcript Research : 'surplus lines'

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CA

California 2025-2026 Regular Session

Assembly Insurance Committee May 28th, 2025

Transcript Highlights:
  • If they can't find insurance there, then they can move to the E&S lines, a surplus lines.
  • There's about 132 surplus lines carriers in the state.
  • I think the bottom line is that Fair Plan rates cannot be lower than the private market.
  • There is one line in there that will extend grace periods for renewals.
  • I think it's a variety of things that need to kind of line up. Okay.
Summary: The Assembly Insurance Committee held an oversight hearing on the California Fair Plan, focused on the plan’s rapid growth, its financial stability after the January Southern California wildfires, and its role as the insurer of last resort. Fair Plan officials explained that the plan was created in 1968, is a not-for-profit involuntary association of licensed property insurers, and is intended to be a temporary safety net until policyholders can return to the admitted market. They emphasized that the plan is not a state agency or taxpayer-funded, but is regulated by the Department of Insurance and supported by member-company assessments if claims exceed available funds. Victoria Roach and Armand Feliciano said the Fair Plan has grown sharply since 2018 and especially after market pullbacks by major insurers, reaching about 575,000 policies and roughly $600 billion in exposure by spring 2025. They noted that growth is increasingly occurring in lower wildfire-risk areas, where the plan can sometimes be cheaper than the voluntary market, and said this undermines depopulation back into the private market. They also discussed recent policy expansions, including coverage for farms, higher residential and commercial limits, and pending or proposed changes such as AB 290, SB 525, and AB 226, which would add tools like a line of credit and bond access. A major portion of the hearing addressed the January wildfire losses and the plan’s financial response. Fair Plan officials said they assessed member insurers for $1 billion after determining claims and cash flow would exceed available resources, and that the process was approved quickly and paid smoothly, with more than 80% of the assessment collected within 10 days. They also described the reinsurance tower, the plan’s limited surplus, and the need for actuarially sound rates to reduce future reliance on assessments. On claims handling, they said the plan has received over 5,500 claims from the fires, has paid more than $2.9 billion so far, expects total payments near $4 billion, and has focused on advancing payments quickly for total losses and other urgent needs. Members questioned the plan’s solvency, the growth in non-wildfire areas, claim denials, smoke-loss coverage, and how depopulation works. Roach said most closed claims without payment were duplicates rather than denials, and that smoke claims require direct physical loss under the policy, with coverage determined case by case. Public commenters from the California Building Industry Association and the Independent Insurance Agents and Brokers of California said the Fair Plan’s growth reflects a weak voluntary market, inadequate rates, and insurer fear of future assessments, and urged support for rate increases and AB 226. The hearing concluded with no vote, but with a commitment from Fair Plan officials to follow up on unanswered questions and continue providing more transparency through public data and website disclosures.
NH

New Hampshire 2025 Regular Session

Senate Finance (04/28/2025)

Finance

Transcript Highlights:
  • In terms of all of these other lines, our operations have Other lines, um, our operations have nothing
  • I won't go through line by line, but what we wanted to just set up for a few seconds as a framework for
  • I won't go through line by line, but what we wanted to just set up for a few seconds as a framework for
  • I won't go through line by line, but what we wanted to just set up for a few seconds as a framework for
  • surplus statement for the sale of that. surplus statement for the sale of that.
Keywords: 1191, senate, all
AR

Arkansas 2026 1st Special Session

HOUSE RULES Apr 15th, 2026

HOUSE RULES

Transcript Highlights:
  • We're not trying to affect anybody's bottom line.
  • The bottom line is, though, The bottom line is, though, people do make mistakes.
  • They usually need to get a surplus going until the rail revenues.
  • So on a year where the surplus is... ...correct? That's correct.
  • I mean, Milton Friedman would say competition needs to be fair at the start line.
Summary: The committee first considered House Resolution 1016, which would have allowed introduction of a bill by Representative Richmond addressing disclosure and restrictions for certain real-estate arrangements where buyers purchase interests in entities rather than direct ownership of property. Richmond said the measure was aimed at transparency, consumer protection, and preventing private tribunals or discriminatory practices, while several members questioned whether it would affect homeowners associations, hunting clubs, arbitration clauses, or duplicate existing law. After discussion, the committee voted down the resolution. House Resolution 1006, sponsored by Representative Schultz, proposed increasing the Homestead Tax Credit by $75, from $600 to $675, using a fund created by Amendment 79 and supported by sales tax revenue. Schultz argued the fund could support the increase now and that families needed relief amid high prices. The committee approved the resolution. The committee then heard House Resolution 1007, presented by Senator King and Representative Eaton, which sought to change how turnback funds are distributed to counties, with a focus on giving counties more predictable annual funding for roads, jails, water, sewer, public safety, and other infrastructure. Members raised concerns about taking $150 million off the top of sales tax revenue and about whether the bill should be handled through budget language instead; the resolution failed. House Resolution 1008, by Representative Wooten and Senator King, would have amended the LEARNS education program to reduce costs, limit or change eligibility, and add performance-based requirements and reporting for certain school-choice funding. Supporters said the program was financially unsustainable and needed accountability, while opponents argued the proposal would create larger problems and that the issue should be handled in the regular session. The resolution failed after a point of order prevented reading a supporting letter into the record. Finally, House Resolution 1009 and House Resolution 1013, both tied to Senator Bryant’s proposals on local control over crypto mines and data centers, were discussed together with testimony about water use, energy demand, and local opposition; both failed. House Resolution 1015, which would have amended the IDEA economic-development bill to remove eminent domain authority and address board accountability, also failed after members said more concerns remained to be worked out.
AR

Arkansas 2026 Regular Session

HOUSE RULES Apr 15th, 2026

HOUSE RULES

Transcript Highlights:
  • We're not trying to affect anybody's bottom line.
  • The bottom line is, though, The bottom line is, though, people do make mistakes.
  • Usually they need to get a surplus going until the rail revenues.
  • So on a year where the surplus is... ...correct? That's correct.
  • We had a billion-dollar surplus a few years ago, a billion and a half.
Summary: The committee first considered House Resolution 1016, presented by Rep. Marcus Richmond, which sought permission to file a bill aimed at consumer protection in certain housing arrangements where buyers purchase an interest in an entity rather than the property itself. Richmond said the measure was intended to improve transparency, prevent deceptive real estate practices, and ensure disputes would be handled in Arkansas or federal courts rather than private tribunals. Members raised concerns about overlap with existing law, possible effects on homeowners associations, arbitration clauses, hunting clubs, religious organizations, and the bill’s 25-acre exemption. After discussion, the committee voted down the resolution. House Resolution 1006, by Rep. Bart Schultz, proposed increasing the homestead tax credit by $75, from $600 to $675, using a fund created for property tax relief. Schultz argued the increase was supported by the annual report on the fund and was timely because of higher costs for gas and groceries. Members asked about using special language instead, whether the increase could be made retroactive later, and whether the governor had included it on the call. The committee approved the resolution. The committee then heard House Resolution 1007, presented by Sen. Brian King and Rep. James Eaton, which would have changed how turnback sales tax revenue is distributed to counties, with the first $150 million of sales tax revenue going into a fund for county infrastructure and each county receiving an equal share. Supporters said it would help counties with roads, jails, water, sewer, and other critical needs, while opponents questioned whether taking revenue off the top would harm other state services and whether the issue was urgent enough for a fiscal session. The resolution failed. House Resolution 1008, by Rep. Jim Wooten and Sen. King, sought changes to the LEARNS Act and school choice funding, including performance-based eligibility and reporting requirements. Wooten argued the program was financially unsustainable and that accountability was needed; members questioned whether the proposal would create a larger emergency and whether it should instead be handled through budget language. The resolution failed after a point of order interrupted the closing remarks. Finally, House Resolution 1009, presented by Rep. Ron McNair and Sen. King, aimed to restore local control over crypto mines and data centers, citing concerns about water use, electricity demand, Chinese ownership, and litigation tied to prior legislation. Members questioned whether the issue was truly emergent and whether the resolution was the right vehicle. The resolution failed. House Resolution 1015, by Rep. Howard Beatty, proposed amending the prior IDA bill to address concerns raised by constituents, including board accountability and removing eminent domain authority. Supporters said it would improve the bill before next session, but the resolution also failed. The committee then adjourned.
NH

New Hampshire 2026 Regular Session

House Committee on Housing (02/03/2026)

Housing

Transcript Highlights:
  • Um, page one, lines 20 through 23.
  • Um, page one, lines 20 through 23.
  • Um page on page one lines 20 through 23. Um page on page one lines 20 through 23.
  • Page one, lines 22, Roman numeral 4.
  • That's on lines 13 and 14 of the bill. That's on lines 13 and 14 of the bill.
Keywords: 1189, house, all
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 2/18/26

Housing Finance and Policy

Transcript Highlights:
  • Nonprofits, our first line of defense, have adjusted their strategies to meet the moment.
  • Recognize that a surplus that we have today isn't actually a surplus and that the 27 fiscal year is not
  • <00:45:50.079> 27 actually a surplus and that the 27 actually a surplus and that the 27 fiscal
  • And of course, the final benefit goes to the landlord's bottom line.
  • So this helps make bottom line. So this helps make landlords<01:39:16.159> whole.
Bills: HF3403, HF3410, HF3424
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy One - Friday, May 15 - Afternoon Session

Missouri House Floor Meeting

Transcript Highlights:
  • And will the gentleman from Green County give them a line? From the gentleman from St.
  • The freight line company tax credit.
  • And we're able to do that because we had a surplus, and we've been spending down the surplus, and everybody
  • But that surplus is coming to an end. And so you have to balance it.
  • Page 2, line 29. That is the statute that I'm looking at here.
Keywords: 959, house, all
WV
Transcript Highlights:
  • Top line, we are forecasting stalling employment growth with continued wage growth.
  • But even though we were 3.3% below prior year, we were 4.8% above estimate at a $254 million surplus.
  • We were 4.8% above estimate at a $254 million surplus.
  • The two biggest sources of surplus are personal income tax and sales and use tax.
  • So those numbers in the out years certainly potentially could go higher, but they're more in line with
Keywords: 994, senate, all
Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the January 15 morning meeting. The main agenda item was the Department of Revenue’s budget and revenue presentation from Secretary Eric Nelson, Deputy Secretary Peter Shirley, and Deputy Secretary Mark Mucco. Nelson said the state remains double-A rated with a positive outlook, the budget includes a 5% personal income tax reduction, and the 2027 general revenue estimate is $5.493 billion, up $170 million from the prior year. Shirley gave an economic overview, saying West Virginia is forecast to see continued but slowing employment growth, continued wage growth, gains in private education/health services and business services, declines in some sectors, improving labor force participation relative to the nation, and strong recent net in-migration. He also noted continued growth in natural gas production and a modest rebound in coal production, though coal faces longer-term demand pressure. Mucco reviewed revenue trends and said 2025 collections were about $5.5 billion, below the prior year but above estimate, with personal income tax and sales tax driving the surplus. He explained that the forecast incorporates the 5% PIT cut and annual conformity to the federal One Big Beautiful Bill Act, including changes such as Section 179 expensing, bonus depreciation, R&D expensing, business interest deductions, and a new manufacturing facility expensing provision. He also discussed the effects of tax credits, severance tax volatility, declining tobacco revenues, and health care provider tax changes tied to federal Medicaid rules. He said road fund revenues are largely flat absent policy changes, and county commission revenues are growing faster than state revenues. Members asked about when new economic development projects like NewCore would appear in the projections, how much 20,000 new jobs would matter, whether the department had a calculator for job-growth impacts, the status of recent tax cuts, road fund growth, tobacco/vape taxation, and whether migration data could be broken down by county. The witnesses said major projects are not yet in the S&P-based forecast but would likely add jobs, wages, and tax revenue over time; they estimated 20,000 jobs would be a significant increase. They also said the state is unlikely to hit the current personal income tax trigger in the near term. No substantive votes were taken beyond approving the minutes, and the committee adjourned after a motion carried by voice vote.
TX

Texas 89th 2nd C.S.

89th Legislative Session Apr 25th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • And I would hear him talk with some of my family and say, "Look, that original line of 'I can explain
  • He was killed in the line of duty on November 26, 2024.
  • Whether through his acts of heroism in the line of duty or quiet moments of silence, he built bridges
  • Metcalf: request vegetation management near transmission or distribution lines. I move passage.
  • This bill allows public schools to be able to purchase surplus vehicles for campus safety purposes.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 03/27/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • others had crossed a line. others had crossed a line.
  • one, delete lines 5 to 24 and insert. one, delete lines 5 to 24 and insert.
  • line amendment on line 1.13<01:24:18.159> that<01:24:18.480> should<01:24:19.280> read
  • So, you can't do it in your surplus.
  • Democrats raised taxes $10 surplus.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Ways Committee Meeting - 2026-05-14

Ways and Means

Transcript Highlights:
  • So when that rolls around, if the surplus is there, the fund will be replenished to 50 million, and the
  • is there the fund the if the surplus is there the fund will<00:04:46.000> be<00:04:46.160>
  • On line 5.11, money appropriated from the fund must be used only for eligible multi-year modernization
  • Also in this bill, I think another very important section is on section 13, line 15.15.
  • 13 on line 15.15. 13 on line 15.15.
MN
Transcript Highlights:
  • Nonprofits, our first line of defense, have adjusted their strategies to meet the moment.
  • However, with that said, we've just come off of an $18 billion surplus that disappeared during 2023.
  • However, with that said, we've just come off of an $18 billion surplus that disappeared during 2023.
  • But this this Off of an $18 billion surplus that disappeared during 2023.
  • <00:42:16.400> 27 actually a surplus and that the 27 actually a surplus and that the 27 fiscal
Keywords: 919, house, all
Summary: The committee took up House File 3403, authored by Vice Chair Rep. Kazowski, and first adopted an A1 amendment. The amendment made technical and implementation changes recommended by the Department of Revenue, allowed a small portion of funds for county and tribal administrative costs, and clarified timing and reporting for spent and unspent funds. After the amendment was adopted, the bill was moved to Ways and Means. Rep. Kazowski described HF 3403 as a $50 million emergency rental assistance measure to help stabilize households facing eviction, with $44 million directed to counties and $6 million reserved for tribal nations, administered through the Department of Revenue using the existing local homeless prevention aid formula. Supporters said the bill would provide immediate, targeted help to renters and landlords, prevent evictions, and reduce downstream costs to shelters, schools, employers, and health systems. Several testifiers, including representatives from Greater Twin Cities United Way, St. Louis County, Hennepin County, Minneapolis, social workers, a resident, and tribal housing leaders, said local resources were insufficient to meet rising need and emphasized the impact of federal immigration enforcement and related economic disruption on families, workers, and communities. Testimony highlighted sharp increases in rental assistance requests, rising eviction filings, depleted county funds, and the strain on nonprofit and mutual aid efforts. County and city officials said emergency rental assistance and related legal services had already prevented thousands of evictions, but current funding was not enough. Tribal testimony stressed disproportionate homelessness among Native Americans and supported the bill’s tribal allocation. During member discussion, Rep. Amani Hiltsley said the bill was an economic stabilization tool and requested a roll call vote, noting safeguards against fraud and the broader costs of inaction.
MN

Minnesota 2025 1st Special Session

House Taxes Committee 1/23/25

Taxes

Transcript Highlights:
  • And as you can see, for state tax revenues, the line is not very smooth from fiscal '15 to ... funds
  • tax revenues the line is not very<00:27:46.080> smooth<00:27:46.919> um<00:27:47.320><
  • happened over the last with the Surplus happened over the last with the Surplus that<01:14:16.440
  • We applaud the proposal to return the surplus funds to taxpayers.
  • budget or Revenue limits also blur lines budget or Revenue limits also blur lines of of of accountability
Keywords: 1183, house
Summary: The House Tax Committee met to receive a presentation from House Fiscal staff Cynthia Templin and Katrina Heimark on state tax revenues, property tax aids and credits, and key budget terms and timelines. They explained the difference between fiscal years, tax years, biennia, the general fund, and dedicated funds, and reviewed the legislative budget calendar, including the governor’s January budget recommendation, the February forecast update, March budget resolution deadlines, and the expected end of session in May. The presentation focused on how Minnesota tax revenue is collected and where it goes. House Fiscal said fiscal 2024 total revenue for public services was about $102.5 billion, with $46.5 billion coming from state and local taxes. Of total state tax revenue, about 85% goes to the general fund and about 15% is dedicated to other funds. They noted that income and sales taxes make up the largest share of state collections, while local property taxes are the largest share of local revenue. They also reviewed constitutional and statutory dedications, including the Legacy sales tax dedication, the motor vehicle sales tax dedication to transportation, and the auto parts sales tax dedication that was changed in 2023 to a 100% transportation dedication phased in over 10 years. Members asked several questions about slowing income tax growth, possible effects of migration and corporate departures, and whether changes in population or wages were affecting revenue trends. Templin said she was not aware of recent independent or MMB studies tying revenue loss to migration, but would look into it. Members also discussed the sharp rise in tax receipts in fiscal 2021 and 2022 after the pandemic downturn, with staff explaining that the low fiscal 2020 base and a shift toward goods purchases during COVID helped drive the increase, especially in sales tax revenue. No bills were taken up and no votes were recorded during this portion of the meeting.
CA
Transcript Highlights:
  • extensions and service line extensions.
  • In addition to critical work such as distribution line extensions and service line extensions, utilities
  • And what you see there, secondly, the orange line, the orange bowl line, that's what we call the net
  • The vertical line is where we are now.
  • We have people lining up to get on the system, but the number of resources that have lined up have vastly
Summary: The committee first heard AB 1026 by Assembly Member Wilson, which would require investor-owned utilities to provide clearer front-end information and follow more consistent timelines for post-entitlement energization applications tied to housing projects. The author and supporters from the Housing Action Coalition and Mission Housing said utility delays can hold up approved housing, add costs, and create uncertainty, and they argued the bill would align utility processes with recent state efforts to streamline local permitting. PG&E and Southern California Edison opposed the bill, saying existing CPUC timelines and the ongoing energization rulemaking already address the issue, that the bill could be duplicative or premature, and that some proposed timelines were too short. The committee discussed the bill’s relationship to the CPUC’s September 2024 decision, and AB 1026 was ultimately approved on a 15-0 vote, with the consent calendar also passing. The second half of the hearing was the committee’s annual oversight hearing on electric reliability. Representatives from the CPUC, CEC, CAISO, and DWR reviewed lessons from the 2020 and 2022 heat emergencies, emphasizing that California has since added significant resources, improved planning, and created backstop programs such as the strategic reliability reserve. They said the summer 2025 outlook is cautiously optimistic, with no expected shortfalls under traditional planning conditions and a projected surplus, though wildfire and extreme heat remain risks. The agencies also described major changes in planning and operations, including more battery storage, updated resource adequacy rules, expanded transmission planning, and reforms to the interconnection queue. Members asked about data center load, Diablo Canyon’s future, the strategic reliability reserve, demand response, wildfire mitigation costs, affordability, and regional market expansion. Witnesses said data center demand is a major variable but can be managed through better forecasting, flexible service arrangements, and siting in areas with existing capacity; they also said firm clean resources remain valuable while planning continues around Diablo Canyon’s scheduled retirement. On affordability, they said the agencies try to balance reliability with least-cost procurement, and that new resources can lower market prices even as they require upfront investment. CAISO also highlighted the value of the Western Energy Imbalance Market and the planned day-ahead market, saying regional coordination improves both reliability and cost savings.
MA

Massachusetts 2025-2026 Regular Session

Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 01:00 pm

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • say that hospitals with not more than 1.0 of the statewide relative price would be eligible for this line
  • This is surplus, fair share, so-called millionaires tax. We're talking about two of them today.
  • This is surplus, fair share, so-called millionaires tax. ...in spending.
  • This is surplus fair share, so-called millionaires tax dollars that were not expended in the FY24 operating
  • We are in the middle now of FY25, and it looks as though there's going to be a significant surplus in
Keywords: 995, all
Summary: The Senate considered a series of amendments to a supplemental appropriations bill and related measures, with several adopted and several rejected or withdrawn. Early amendments on equitable approaches to public safety and a Holyoke local account clarification failed, while amendments providing $2.5 million for Massachusetts League of Community Health Centers technical assistance and expanding access to gender-affirming medications and mifepristone were adopted. The chamber also adopted a technical amendment on alternative protein grants, a clarification to ETF modernization, and an energy storage systems amendment. Other proposals on homeowner protections, La Casa funding, emergency contract reform, an energy dashboard, EV charging ratepayer impacts, hate crimes, distressed hospital payments, and task force membership were rejected or withdrawn. A substantial portion of the debate focused on health care, food assistance, and public safety. Senators spoke in support of funding for community health centers, hospital relief, and EBT anti-skimming protections, including $15.5 million for chip-enabled EBT cards and related replacement-benefit support. One amendment to strengthen protections against impersonating federal officers was rejected, while another on professional protections was withdrawn after discussion of ballot address privacy and security concerns. The Senate also adopted amendments to continue prior appropriations for a North Shore food pantry and drought management efforts, and it later approved a sick leave bank for a Department of Mental Health employee. The chamber then took up the fiscal year 2025 fair share supplemental budget conference report, which Ways and Means described as $1.39 billion in spending split between transportation and education, including MBTA improvements, Chapter 90 aid, regional transit authorities, special education circuit breaker reimbursements, higher education deferred maintenance, and career technical education capital grants. After a roll call, the bill passed, with one recorded negative vote. The Senate also adopted a separate Ways and Means amendment and ordered the bill to third reading before final passage. The session ended with adjournment motions and a moment of silence honoring Melissa and Mark Hortman and other victims of political violence, along with a memorial adjournment for firefighter Jeffrey DeSanchez.
MN
Transcript Highlights:
  • We now project to end fiscal years 2026 and 2027 with a surplus of $3.7 billion, which is $1.3 billion
  • Left unspent, that surplus will carry forward into fiscal years 2028 and 2029.
  • As you can see, we now horizontal line.
  • <00:20:22.720> spending The first line, E12 education spending The first line, E12 education
  • And despite persistent structural line.
Keywords: 1183, house
Summary: Minnesota Management and Budget officials presented the February 2026 budget and economic forecast, saying the state remains in a strong financial position but faces continued structural imbalance and significant uncertainty. Commissioner Aaron Campbell said the FY 2026-27 balance is now projected at more than $3.7 billion, up about $1.3 billion from November, and the FY 2028-29 planning period is projected to end with a $377 million positive balance. He emphasized that the improvement comes largely from higher projected revenues, especially individual income and corporate franchise taxes, but warned that the state is increasingly reliant on more volatile sources such as capital gains, interest income, and corporate profits. State Economist Dr. Anthony Becker said the national outlook improved slightly, with stronger projected GDP, consumer spending, and investment, but weaker payroll growth and ongoing trade-policy uncertainty. He noted that the forecast was complicated by missing federal data because of the federal shutdown, and that tariffs, immigration policy, equity markets, and possible AI-related shifts all present risks. Revenue projections were raised for the current biennium, including individual income tax receipts, sales tax revenue, corporate franchise tax revenue, and other revenues, while Becker stressed that federal funding threats, especially involving Medicaid and other entitlement programs, could materially alter the outlook. State Budget Director Anna Mingi said general fund spending in the current biennium is projected to be $68 million lower than previously estimated, but planning-year spending is up $152 million. The biggest spending changes came from education, where special education costs rose sharply after updated local spending data, and from human services, where a new prepayment review process for certain Medicaid benefits reduced projected spending by $133 million this biennium and $105 million in the next. She also said discretionary inflation is now estimated at $1.04 billion, up $104 million from November. Campbell closed by saying the state’s reserve remains at a record $3.8 billion and that Minnesota’s AAA bond rating and reserve policy help protect against downturns. He cautioned, however, that the long-term structural imbalance remains about $3.4 billion in the planning years, or $2.3 billion excluding discretionary inflation, and urged policymakers to offset any new spending with reductions. No votes or formal actions were taken; the meeting was a presentation and question-and-answer session on the forecast.
TX

Texas 89th Regular

89th Legislative Session Apr 25th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • back to a sales tax, and I would hear him talk with some of my family and say, look that original line
  • Members, this. lines the single certification process for water sewer service members you've heard the
  • HB 2002 by Darby. reeling the eligibility of an organization to receive surplus agricultural products
  • HB 1851 by Morales of Maverick relaying disposition of certain surplus motor vehicles and another law
  • I was a little disappointed we didn't make it across the finish line.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 088 Apr 11th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • That's a hard line from you.
  • That's a hard line from you.
  • That's a hard line from you.
  • That's a hard line from you.
  • That's a hard line from you.
Keywords: 981, all
Summary: The House convened, established a quorum, and approved the journal from April 10, 2026. After a brief opening that included the Pledge of Allegiance and roll call, the chamber moved into third reading. The first item was House Bill 1348, concerning use of money from the broadband infrastructure cash fund, which passed on final passage. The House then took up a series of bills dealing largely with education funding and program changes, including House Bills 1349 through 1358, covering prevention services in early childhood, school food programs, Healthy School Meals for All funding, Colorado reading and social studies assessment changes, repeal or phase-out of several teacher and school-related programs, and the Colorado Academic Accelerator Grant Program. Most of these measures were adopted, with some receiving notable no votes but still passing. The chamber also considered House Bill 1359, which would credit money from removal of natural resources on public school lands to the state public school fund, and House Bill 1360, concerning the affordable housing financing fund. HB 1360 drew extended debate. Supporters argued it was consistent with Prop. 123 and TABOR-related funding rules, while opponents said it would divert money from the general fund, exceed what voters authorized, and create a precedent for using reserve-like funds to cover budget shortfalls. Despite the opposition, HB 1360 passed after a member changed a vote from yes to no. The House then adopted House Bills 1361 and 1362, repealing the pay for success contracts program and the Decarbonization Tax Credits Administration Cash Fund, respectively. The final major item was House Bill 1363, which temporarily reduces the general fund reserve. This bill prompted the strongest opposition, with members arguing that the state was using a rainy day fund to cover self-inflicted budget problems, relying on future money, and failing to address underlying spending growth. Supporters of the bill said the reserve reduction was necessary to balance the budget and reflected difficult choices by the Joint Budget Committee. The bill nonetheless passed, and the House completed action on the listed third-reading calendar items.
CA
Transcript Highlights:
  • One note that I would make is the temporary surplus holding account is not a new account.
  • That's why it's called the temporary surplus holding account.
  • Should we congratulate you on the silver lining?
  • Yes, yeah, the silver lining in terms of following your role.
  • So we're draining all the surplus out of... ...and going to be a problem.
Summary: The hearing focused on the governor’s May Revision proposals for transportation, natural resources, climate, and related programs, with the Department of Finance and the LAO presenting competing views on the state’s fiscal condition. Finance said the budget remains balanced over two years, with major climate-bond, water, parks, transportation, DMV, and agriculture proposals, while the LAO argued the state still has a structural deficit and should reject or defer many new discretionary spending items, preserve reserves, and be cautious about ongoing commitments. The LAO specifically questioned the timing and scale of new spending for programs such as Clean California, Healthy Rivers and Landscapes, and the Golden Gate Fields acquisition, and urged more clarity on future obligations and revenue scenarios, including for the Greenhouse Gas Reduction Fund. A major portion of the hearing was devoted to the Healthy Rivers and Landscapes proposal for Bay-Delta water quality implementation. Secretary Wade Crowfoot and Finance described it as an enforceable, science-based alternative to a more traditional regulatory approach, with the state’s $25 million request intended to support early implementation, monitoring, habitat restoration, and environmental flows. The LAO countered that the Water Board has not yet adopted the updated Bay-Delta plan, that the proposal may be premature, and that the Legislature should wait for more information on the state’s total funding commitment and the program’s long-term costs. Several members expressed support for the program as a way to reduce conflict and protect water reliability, while others echoed concerns about timing and fiscal exposure. The committee also examined the proposed $125 million Proposition 4 contribution toward acquiring the Golden Gate Fields property for a shoreline park and habitat project. State officials said the acquisition is a time-sensitive, once-in-a-generation opportunity, with an appraised value of $175 million and additional philanthropic and local funding expected to close the gap. Members questioned whether the project had gone through the usual competitive process, whether the site is the best use of scarce park bond dollars, and how public access, habitat, and disadvantaged-community priorities would be protected. The discussion ended without a vote, and the committee moved on to transportation items including Clean California litter abatement, the Games Route Network, homeless encampment coordinators, and DMV modernization and field office proposals, with LAO recommending rejection or delay on several of those requests as well.
MN

Minnesota 2025-2026 Regular Session

Committee on Agriculture, Veterans Broadband and Rural Development - 03/12/25

Agriculture, Veterans, Broadband, and Rural Development

Transcript Highlights:
  • We had a surplus of $18 billion.
  • We had a surplus of $18 billion.
  • We had a surplus of $18 billion.
  • We had a surplus of $18 billion.
  • We had a surplus of $18 billion.
Keywords: 1187, senate, all