Video & Transcript Research : 'fiscal trigger'
Page 201 of 500
HI
Transcript Highlights:
- year 2025 and then the current fiscal year, the first five months of fiscal year 2026 numbers, and try
- growth in fiscal year 2025. growth in fiscal year 2025.
- So, going back to the current fiscal year 2026, for the first five months of fiscal year 2026, as
- end of this fiscal plan. end of this fiscal plan.
- <03:21:01.840>
So <03:21:02.000>in <03:21:02.160>fiscal So in fiscal year 26
MN
Transcript Highlights:
- The fiscal impact to the general fund is $10.6 million in fiscal 2027 and $2.1 million in fiscal 2028
- general fund is 10.6 million in fiscal general fund is 10.6 million in fiscal 27<00:20:14.320>
<01:25:04.800>- He said there is no fiscal impact in fiscal year 2026, but there is an impact in fiscal year 2027.
- He explained that the reason the fiscal impact is so high in fiscal year 2027 is that the bill allows
27 <01:25:05.440>is fiscal impact is so high in fiscal 27 is fiscal
Keywords:
property tax, Indian Tribe, tax exemption, Minnesota, public charity, property tax exemption, Minnesota statutes, unorganized territory, federally recognized, soil conservation, water conservation, local government aid, environmental funding, Minnesota legislation, tax credits, sustainable aviation fuel, environmental policy, corporate franchise, Minnesota taxation, tobacco
FL
Transcript Highlights:
- The impact is going to be $3.6 billion in fiscal year 27/28 and $6.4 billion in fiscal year 28/29.
- Is this fiscally responsible to do this? Thank you, Mr.
- They're scoring fiscal impacts on...
- We are a fiscally responsible city. We are conservative.
- Fiscally constrained. They're simply being reenacted.
LA
Transcript Highlights:
- The fiscal impact?
- So you’re looking at the fiscal note, and I haven’t updated the fiscal note.
- Referring to a fiscal note, were you referring to a fiscal note prior to the amendment or after the amendment
- And what's your impression of how that would impact the fiscal note?
- I haven't seen a new fiscal note. No.
Summary:
The House Insurance Committee met on April 23 with a quorum present and began by announcing that HB 1142 was deferred. The committee then took up HB 1187, which would direct any excess Louisiana Citizens emergency assessment funds, after related debt is satisfied, toward the Louisiana Fortified Homes Program or future Citizens obligations. Commissioner Tim Temple and Rep. Sawyer said the bill would likely redirect about $50 million to the popular fortified roof grant program, which has already awarded thousands of roofs and is oversubscribed. With support from Citizens and others, the committee adopted technical amendments and reported HB 1187 favorably.
The committee next considered HB 1210, a proposal by Rep. Dana Henry to create a pre-suit claim review process for Louisiana Citizens disputes modeled on Florida’s system. After explaining that the bill was prompted by constituent concerns about rising homeowners insurance costs, Henry voluntarily deferred the bill and instead moved toward a study resolution. The substitute version, which would have allowed Citizens disputes to be resolved through the Division of Administrative Law, was adopted for discussion, but the bill was ultimately voluntarily deferred after testimony from Citizens and the department supporting further study.
HB 1199, by Rep. Jordan, would require coverage for genetic testing and medically necessary treatment for SCN2A-associated disorders. After adopting an amendment clarifying that coverage depends on provider order and medical necessity, the committee heard emotional testimony from a parent describing her daughter’s severe SCN2A condition and the difficulty obtaining genetic testing. The bill was reported favorably. The committee then took up HB 880, the Louisiana Artificial Intelligence Insurance Fairness Act, which would regulate AI use in underwriting, rating, and claims. Jordan said the bill raised state-federal insurance regulatory issues and could jeopardize federal broadband funding, so he voluntarily deferred it; HB 920 was also voluntarily deferred.
Finally, the committee considered HB 1221, by Rep. Amadee, which would narrow data collection under the surplus lines premium tax system to protect policyholder privacy. Former Rep. Bowler argued the department should not collect names, addresses, or coverage limits and that the bill would preserve privacy without affecting tax collection. The Department of Insurance said the broader data is needed for premium tax reconciliation, fraud detection, and post-disaster assistance. After debate, a motion to report HB 1221 favorably failed on a 6-6 roll call. The committee then moved on to HB 869 by Rep. Lyons, a health insurance bill covering injectable drugs for glucose or weight-loss treatment, but the transcript ends before further action on that measure.
AL
Alabama 2026 Regular Session
Alabama Senate County and Municipal Government Committee Jan 14th, 2026
County and Municipal Government
Transcript Highlights:
- Not always time to look at all of them, but I'm sure if there's not a fiscal note that it has no fiscal
- sound manner in which to best fiscally sound manner in which to achieve<00:31:19.360>
it. - I'm not sure. >> Y'all know how fiscal notes work sometimes, right?
- how fiscal notes work sometimes,<00:33:03.519>
right? - Senator Coleman, I will get you a really bang-up fiscal note before we get on the floor.
Bills:
HB117, HB17, HB22, HB153, HB140, HB117, HB17, HB22, HB153, HB140, SB12, SB42, SB93, SB28, SB35, SB134, SB12, SB42, SB93, SB28, SB35, SB134
Keywords:
procurement, county commission, administrative savings, public services, government efficiency, HB17, municipal audits, municipal audit clarification act, municipal finance, local government, city council, mayor, city manager, Department of Examiners of Public Accounts, independent public accountant, annual audit, biennial audit, annual report, financial accountability, public records
TX
Transcript Highlights:
- '21 to 28% in fiscal year '23.
- to fiscal year 24 by over 6,000.
- 800 through fiscal year 2027.
- Speaker: In one year, fiscal year 24. [Speaker]: Fiscal year 24?
- Speaker: In one year, fiscal year 24. Fiscal year 24? [Speaker]: ...over what period of time?
Bills:
SB 1
MN
Minnesota 2025-2026 Regular Session
Senate Floor Session - Part 2 - 05/13/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- The debt service will be $2 million in fiscal year 29, $5.6 million in fiscal year 30, $8 million in
- fiscal year 31, and each year thereafter for the life of the bonds, which have a final payment in fiscal
- <00:07:06.720>
year <00:07:06.960>29, in fiscal year 29, in fiscal year 29, $5.6<00 - /c><00:07:11.160>
30, $5.6 million in fiscal year 30, $5.6 million in fiscal year 30, $8<00:07 - which have a final payment in fiscal which have a final payment in fiscal year<00:07:22.440>
MN
Transcript Highlights:
- I was kind of hoping at some point, uh, our fiscal staff could go through the numbers. >> Could give
- Chair and members, I'm Helen Roberts from the House Fiscal staff.
- The first is for the current biennium, fiscal year 26 and 27.
- current biennium, fiscal year 26 and 27. current biennium, fiscal year 26 and 27.
- general fund 15.369 million in fiscal general fund 15.369 million in fiscal year<00:09:43.280>
FL
Florida 2025 Regular Session
May 13, 2025 - 02:00 PM
Transcript Highlights:
- year, local fiscal year, 2018-19, 2019-20, all the way through 2023-24?
- year, local fiscal year, 2018-19, 2019-20, all the way through 2023-24?
- If you look at fiscal year 2020-21 for revenues, you see that was $47.7 billion.
- So this is local fiscal year 2018-2019.
- Of each local government's exercise of discretion over its fiscal structure.
Summary:
The Select Committee on Property Taxes met for a listening session focused on a presentation by Amy Baker of the Joint Legislative Office of Economic and Demographic Research on local government revenues and expenditures. Baker reviewed statewide financial data for counties, municipalities, and independent special districts, using 2018-19 as a baseline year because it was stable and pre-COVID. She explained that counties rely heavily on taxes, with ad valorem taxes making up about 73% of county tax revenue and about 24% of total county revenues statewide, while municipalities rely more on charges for services and have a lower statewide ad valorem share of about 14.7%. She also noted wide variation across local governments, with some counties and cities highly dependent on property taxes and others using them minimally or not at all. Special districts were shown to be very different from counties and cities, with hospital-related revenues and expenditures dominating many of them, while water management districts were more reliant on ad valorem taxes and focused expenditures on the physical environment.
Baker also summarized expenditure patterns: counties spent the largest share on public safety, while municipalities spent the largest share on general government services, followed by physical environment and public safety. She emphasized that local government structures vary widely and that the committee should study what characteristics are associated with greater property tax reliance. She said the next research steps would be to extend the analysis through later years, including the COVID and inflation period, and to examine institutional and legal factors that shape local fiscal structures. Members asked about unfunded mandates, fuel taxes, reserves, school taxes, millage rates, and how property taxes relate to specific services such as police and fire. Baker said the current analysis did not yet account for mandates or school taxes and that further work could examine links between revenues and expenditures, commercial versus residential tax burdens, and other factors.
After the presentation, members reported back on local meetings with counties and municipalities. Several described large differences in millage rates, revenue mixes, and the impact of any property tax changes on fiscally constrained counties versus larger, wealthier ones. Concerns were raised about how local governments would replace lost revenue, especially for public safety and emergency response, and members discussed the need to consider both revenue replacement and ways to rein in spending. The co-chairs said the committee would continue gathering information, send members follow-up homework and requests for panel suggestions, and invite additional input from constituents, stakeholders, and local governments. The meeting ended with no votes or formal actions beyond adjournment.
NV
Transcript Highlights:
- I know this isn't a fiscal committee, but they're kind of connected, and you just came out of fiscal.
- So there was an original fiscal note on the bill, but that was removed.
- So there was an original fiscal note on the bill, but that was removed.
- There was a fiscal note on the bill originally.
- There was a fiscal note on the bill originally.
FL
Florida 2025 Regular Session
Appropriations Committee on Health and Human Services Jan 15th, 2025
Transcript Highlights:
- THE FISCAL YEAR 24 25.
- FOR THE 25 26 FISCAL YEAR THAT TOTAL BASE BUDGET FOR HHS IS $46.8 BILLION.
- WHAT YOU WILL NOTICE IS THAT IN FISCAL AND THEN ALSO THE DENTAL CONTRACT.
- I CALL THIS THE FISCAL PERFORMANCE MEASURE IF YOU WANT TO LOOK AT THAT YEAR OVER YEAR.
- I LIKE TO SHOW THAT IS THE FISCAL LOOK AND THIS IS OUR FEEDBACK.
MO
Missouri 2026 Regular Session
Higher Education and Workforce Development Apr 28th, 2026
Higher Education and Workforce Development
Transcript Highlights:
- He said the fiscal note reflects a decrease in general revenue coming in.
- House Bill 3359 costs the state $0 in the fiscal year 2027 because the fiscal note confirms that credits
- We have a deficit that we have to cut: $1 billion this fiscal year and a billion dollars next fiscal
- The fiscal note is $21.5 million over the next three years.
- That we're being fiscally conservative more than we're being fiscally responsible with the way in which
Summary:
The Committee on Higher Education and Workforce Development heard House Bill 3359, presented by Representative Wilson on behalf of Representative Riggs. The bill would create a 20% state income tax credit, capped at $10 million annually beginning in tax year 2027, for donations to registered school robotics/STEAM programs. Eligible contributions were described as cash, equipment, software, materials, supplies, and possibly employee volunteer hours, with a six-year sunset. Committee members asked for clarification on whether the credit applies to individuals or businesses, whether volunteer time by parents or other non-experts would qualify, which state agency would administer reporting, and whether the 20% rate should be higher. Wilson said the bill would need clarifying language, including on volunteer eligibility and the reporting department, and said he was open to revisiting the percentage and other details with the sponsor.
The primary witness in support was Sarah Waldron, an 18-year-old Westminster Christian Academy senior and robotics team CEO who said she wrote the bill. She argued the credit would help businesses invest in robotics programs, address unequal access across Missouri, and strengthen workforce readiness in STEM and AI. She said the bill was intended to support business employee volunteer hours, not individual volunteer claims, and noted she had drafted an amendment to provide larger credits for under-resourced schools based on free-and-reduced-lunch percentages. Committee members praised her work and discussed how to target aid toward rural and under-resourced districts.
One witness testified in opposition, State Public Advocate Arne C. A. C. Dinoff, who said he supported robotics and the student’s effort but opposed the tax credit because of the state’s budget deficit and the broader cost of tax credit programs. He objected particularly to subsidizing volunteerism and said robotics should be supported locally rather than through a state tax credit. The hearing concluded without a vote or other formal action on the bill.
AZ
Arizona 2026 Regular Session
03/23/2026 - House Land, Agriculture & Rural Affairs
Land, Agriculture & Rural Affairs
Transcript Highlights:
- year 2027 for the Yuma Center for Excellence for Desert Agriculture; $2.7 million in fiscal year 2027
- , $5.4 million in fiscal year 2028, and $8.1 million in fiscal year 2029 for the Cooperative Extension
- ; and $18.3 million in fiscal year 2027, $4.6 million in fiscal year 2028, and $7 million in fiscal year
- , $5.4 million in fiscal year 2028, and $8.1 million in fiscal year 2029 for the Cooperative Extension
- ; and $18.3 million in fiscal year 2027, $4.6 million in fiscal year 2028, and $7 million in fiscal year
Keywords:
Arizona beef council, beef promotion, agricultural marketing, commodity council, livestock, cattle industry, ranching, rural affairs, self-financed program, sunset extension, continuation bill, market development, beef products, Arizona agriculture, Title 41, Title 3, sunset review, marketing order, producer assessment, Salt River horse herd
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations - Education and Environment Division Apr 3rd, 2025 at 02:30 pm
Appropriations - Education and Environment Division
Transcript Highlights:
- maybe we can tag-team this, and that way that's really what these two bills have to do with on the fiscal
- And so that's why on the fiscal note you see that reduction in general fund dollars is that...
- I'm looking at the fiscal note, so...
- The fiscal note on this bill estimates a reduction of $340,000 for the upcoming biennium.
- The fiscal note on the bill estimates a reduction of $310,000 for the upcoming biennium.
Summary:
The committee met to review fiscal aspects of House Bills 1417 and 1425, both part of a broader criminal justice reentry package. HB 1417 would eliminate the $35 public defender application fee and end court-ordered reimbursement of indigent defense costs, while also removing the $55 monthly community supervision fee. Testimony from the Commission on Legal Counsel for Indigents and the Department of Corrections said the bill would replace lost revenue with general fund appropriations of about $310,000 for indigent defense and $1.5 million for supervision fees, and that the fees are rarely collected and can hinder reentry. Representative Clemene said the bill is intended to reduce barriers to successful community reintegration and improve data and supervision practices.
HB 1425 would create and fund front-end diversion, deflection, and pretrial services programs. Supporters described it as allowing prosecutors and local jurisdictions to divert appropriate low-level offenders from prosecution, establish deflection programs for people with behavioral health needs, and expand pretrial services. The bill includes a pilot program in three counties, a $1 million appropriation to DOCR for one FTE and contracts with local providers, $750,000 to DHS for treatment services, and $55,000 for a study of pretrial services cost savings. Committee members asked several questions about how the pilot counties would be chosen, how the consultant study would be procured, and what services the DHS funds would cover.
The committee also heard House Bill 1603, which would provide a $500,000 matching grant for Native American Graves Protection and Repatriation Act compliance, with $100,000 available to each of North Dakota’s five tribes if matched. Sponsor testimony said the funds would support a Historical Society NAGPRA compliance committee and help catalog and repatriate human remains and cultural items in coordination with tribes. After questions about the federal mandate and the difficulty of identifying artifacts, the committee voted 4-0 to give HB 1603 a do-pass recommendation, with Senator Meyer assigned to carry it forward.
AR
Transcript Highlights:
- you might be able to answer this, or Kay, I'm not sure, but are these extra expenses part of this fiscal
- These are one-time payments, and they will be within this fiscal year, and they're one-time.
- Approval of the request will allow the department's State Medical Board to utilize the listed fiscal
- operate the programs in accordance with the assurances made for receipt of federal funds. lack of fiscal
- They go on to say that it's not a current-year fiscal problem, but it dates back to at least 2020.
MN
Transcript Highlights:
- So $344 million in fiscal number again. So $344 million in fiscal year<00:16:03.680>
2026. - So the estimate of fiscal impact for fiscal year 26 is just over $107 million. we'll skip over it to
- >
impact <00:38:22.640>for <00:38:22.960>fiscal the estimate of fiscal impact for - fiscal the estimate of fiscal impact for fiscal year<00:38:23.680>
26 <00:38:24.560>is - fiscal year 2026. fiscal year 2026.
MA
Massachusetts 2025-2026 Regular Session
Informal House Session 49 Jun 21st, 2026 at 11:00 am
Massachusetts House Floor Meeting
Transcript Highlights:
- Paper from the Senate: House Bill 4001, making appropriations for the fiscal year 2026 for the maintenance
- Paper from the Senate: House Bill 4001, making appropriations for fiscal year 2026 for the maintenance
- Senate No. 2521, an act making appropriations for the fiscal year 2025 to provide for supplementing certain
- is now before the House for final passage: Senate No. 2521, an act making appropriations for the fiscal
- Senate No. 2521, an act making appropriations for the fiscal year 2025 to provide for supplementing certain
Summary:
The House opened with the Pledge of Allegiance and then took up several routine matters from the Committee on Rules, including ceremonial resolutions recognizing the Concord-Nenezi sister city relationship, the 35th anniversary of the Massachusetts-Hokkaido sister-state relationship, and congratulating Rachel Cohen on earning Eagle Scout. The House suspended the rules and adopted those resolutions. It also suspended Joint Rule 12 on a number of petitions, including proposals involving neuropsychology evaluations for persons with intellectual disabilities, pharmacists’ participation as preferred providers, a sick leave bank for a Department of Transportation employee, and land/easement authority for the City of Lowell.
The main substantive issue was House Bill 4001, the fiscal year 2026 state budget, which came from the Senate with a full substitute amendment. The House suspended the rules but voted not to concur with the Senate amendment. The chamber then agreed to reappoint a conference committee, naming Representatives Michlewitz, Ferrante, and Smola to negotiate with the Senate. The House also considered and advanced several Public Service Committee bills establishing sick leave banks for state and local employees, including Kendra Winner, Dana Johnson, Stephen Forget, Daniel Yender, and Martin Kratman; each was ordered to a third reading after suspension of the rules.
Later, the House took up Senate No. 2521, a fiscal year 2025 supplemental appropriations bill. After suspension of the rules, the bill was read a second time, ordered to a third reading, passed to be engrossed, and then enacted. The emergency preamble was separately adopted by a recorded vote, and the bill was finally passed. The House also adopted an order to meet again the following Monday at 11 a.m., then adjourned.
NH
New Hampshire 2025 Regular Session
House Finance (02/14/2025)
Transcript Highlights:
- I'm here to present to this committee my recommended budget for fiscal years 2026 and 2027.
- of fiscal year 2025, revenues are below plan by 39 million.
- <00:03:30.400>
year burden on the budget for fiscal year burden on the budget for fiscal year - <00:04:10.400>
year occurred in fiscal year occurred in fiscal year 2024<00:04:13.079> - some funds so we did it in a fiscally some funds so we did it in a fiscally responsible<00:24:12.640
Summary:
The Finance Committee heard a briefing from the governor on her recommended fiscal years 2026-2027 budget. She described it as a “recalibration” that reduces general fund spending by about $150 million from the prior budget, avoids tax increases, and aims to protect vulnerable residents while supporting the economy. She said the proposal addresses a projected current-biennium deficit, cites lower-than-expected revenues and off-budget spending, and includes a hiring freeze and other spending reductions. The governor also said the budget is built on current revenue estimates developed with the Department of Revenue Administration and the state’s chief economist.
Major policy areas discussed included education, public safety, health and human services, housing, and workforce development. The governor said the budget increases spending on public education and special education, expands Education Freedom Accounts to public school students, funds a cell-phone-free classroom grant program, continues the community college tuition freeze, and supports workforce training. She also highlighted investments in the Group II retirement system for first responders, Northern Border Alliance and drug interdiction efforts, child advocacy and victim services, mental health services, developmental disability services with no wait list, and a streamlined housing permitting process with a 60-day review target.
Committee members raised questions about the fiscal assumptions, the impact of possible federal funding changes, the Education Freedom Account expansion, dam infrastructure funding, and workforce issues such as state employee pay and vacant positions. The governor said the budget continues funding for federal programs currently assumed, and that she would advocate for block grants and other federal flexibility. On dams, administration officials said the budget includes about $13 million in capital funding, with possible fee increases under consideration. On staffing, the governor said the budget funds the previously bargained 12% state employee increase, includes eight position reductions tied to program changes, and would allow those employees to be rehired if openings arise. No votes or formal committee actions were taken during the briefing.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 3 on Health and Human Services May 20th, 2026
Transcript Highlights:
- The department requests $22.5 million in fiscal year 2026-27 and $23.6 million in fiscal year 2027-28
- This proposal requests project funding for two fiscal years in the amount of $2.42 million in fiscal
- year 2026-27 and $2,026,000 in fiscal year 2027-28.
- This proposal requests project funding for two fiscal years in the amount of $2.42 million in fiscal
- year 2028-29, and IHSS in fiscal year 2029-30.
NH
New Hampshire 2025 Regular Session
House Ways and Means (05/20/2025)
Transcript Highlights:
- Fiscal. Um, let me ask a question.
- And then if you look at row 16 under fiscal year 26, and again row 23 under fiscal year 27, the House
- Under House Ways and Means, you'll see three columns: fiscal year 25, fiscal year 26, and fiscal year
- <03:18:41.680>
The 26, fiscal year 25, 26, and 27. The 26, fiscal year 25, 26, and 27. - That's fiscal year 25. Yeah. Uh, I 23.7? That's fiscal year 25. Yeah.
Summary:
The committee heard testimony on Senate Bill 110, as amended by the Senate, which would establish fees for alteration-of-terrain applications and direct the Department of Environmental Services to adopt rules for a permit-by-notification process for certain projects. Trisha Milo introduced the bill for Senator Lang and noted that the department had worked on the amended language. Matt Mayberry of the New Hampshire Homebuilders Association said the industry strongly supported the bill, describing it as a public-private partnership that would speed review for developers without affecting local control, with builders paying the costs rather than taxpayers.
Members focused heavily on how the bill’s fee structure and permit thresholds would work, especially for projects near shoreland, wetlands, and protected water bodies. Representative Opel raised concerns about whether the bill reduced review of habitat and shoreland impacts or shifted costs unfairly; Philip Trobridge of DES explained that the bill does not eliminate those reviews and that shoreland projects still receive greater scrutiny. He said the bill creates different tiers, with the permit-by-notification process applying to certain projects between 100,000 and 150,000 square feet that are not in protected shoreland, while larger or shoreland-affected projects remain under the standard review process. He also said the proposed fees were based on sustaining the program, covering added habitat and species review responsibilities, and keeping reviews efficient.
Trobridge said the new fee structure would generate about $1.2 million in additional revenue and help fund additional staff and related program costs. He stated that the department had worked with the regulated community and believed the fees were fair and reasonable, though he acknowledged the bill’s wording was confusing and that the threshold could be revisited later if the new process works well. Members also discussed how the state process interacts with local approvals, and Trobridge said both state and local approvals are required before a project can begin. No vote or final action was taken in the portion of the meeting provided.