Transcript Highlights:

• We did the same thing in the current year: $20 million in one-time reserves.
• We did the same thing in the current year: $20 million in one-time reserves.
• In addition, recognizing a couple of years... ...reserves.
• You just came July 1st, I get that, but $20 million for reserves again a second year.
• So is Sacramento keeping the $54 million in a reserve, or are they spending it?”

Summary: The joint Assembly Higher Education and Budget Subcommittee hearing focused on the future of the California State University system, with opening remarks emphasizing CSU’s major role in California’s economy, workforce, and degree production. Chairs and members said the hearing was intended to inform 2026 budget decisions and to examine three main issues: declining enrollment at some campuses, cost controls and possible consolidation, and oversight of recent state investments at campuses such as Humboldt and Sonoma. The meeting was briefly delayed by microphone and sound problems before reconvening. The first panel featured CSU Academic Senate Chair Dr. Elizabeth Boyd and Cal State Student Association Vice President Katie Karam. Boyd urged the Legislature to protect academic freedom, strengthen faculty governance, provide stable ongoing funding, end unfunded mandates, support student food and housing security, fund flexible course schedules, improve transfer systems such as ASSIST, avoid over-centralizing academic programs, protect immigrant students, and expand intersegmental collaboration. Karam said students are feeling the effects of budget shortfalls through fewer course sections, reduced advising and services, longer time to degree, and tuition pressure, and she called for transparency, meaningful student involvement in budget decisions, and sustained state investment rather than cuts that harm the student experience. The second panel covered enrollment management and included CSU Chancellor’s Office and campus administrators from Chico State, Cal State L.A., and San Diego State. Dr. Delcy Perez said CSU Forward and the new systemwide enrollment plan are aimed at expanding access, aligning programs with workforce needs, and increasing resident enrollment; she reported systemwide enrollment gains and strong application numbers, including a direct-admissions pilot that expanded from Riverside to more campuses. Campus representatives described local recruitment and retention strategies, including early outreach to high school students, community college partnerships, guaranteed admission programs, and expanded advising and student support. San Diego State highlighted record enrollment and high demand, while Cal State L.A. described efforts to recover from impaction and rebuild enrollment. Members pressed CSU officials on the accuracy of enrollment data, the gap between funded targets and actual enrollment, and the system’s reallocation formula. CSU staff explained that campuses below target will see a 5% ongoing reallocation beginning in 2026-27, with one-time reserve funding also being directed to campuses that can grow, and that fiscal health reviews have been completed for 21 of 22 campuses. Legislators also asked about turnaround plans required by the budget act; CSU said those plans are being developed and will be shared in the spring after campus consultation. No formal votes were taken.

Transcript Highlights:

• Otherwise reserve my right to close. Thank you, Representative Ms. Plasa.
• I'll be happy to take any questions and I'd like to reserve my right to close. Yes, sir.
• Chairman, I respectfully reserve the right to close and I'm happy to answer any questions.
• I'm happy to answer any questions and I reserve the right to close. Thank you, ma'am.
• We will reserve your right to close and we'll go to public testimony.

Transcript Highlights:

• But the balancing of the budget is through the reliance on reserves, prior fund balances, extra borrowing
• deposits as opposed to relying on reserves and drawing them down, and not adding to the state's already
• So our recommendation to build more reserves, the reason and the thinking is with implications of what
• $13.4 million from the Health Care Affordability Reserve Fund in 2027-28 and ongoing to augment the
• We'll move to public comment for issue A covered California and the health care affordability reserve

Keywords: 988, house, all

Transcript Highlights:

• Vice Chair votes with reservations.
• Of all the votes with reservations.
• Seeing none, your reservations?
• Our only Maui senator is with reservations.
• Well, and he'll is with reservations.

Keywords: 912, senate, all

Summary: The joint HHS and LBT meeting opened with accessibility concerns, as several blind attendees arrived after the general public had already been seated. The chair apologized and said future hearings would try to seat blind members earlier. The committee also announced the hearing was being streamed on YouTube, testimony would be limited to one minute, and written testimony was available online. The first bill heard was SB 2281, relating to the use of artificial intelligence in healthcare. The Department of Health supported transparency for patients but preferred disclosure through provider websites and office signage rather than a new regulatory program. The Hawaii Medical Association and Healthcare Association of Hawaii generally supported the bill’s intent but raised concerns about administrative burden and suggested a working group or model policies. Hawaii Pacific Health said it already uses AI for note-taking and patient portal functions and worried that written notice requirements could create too much consumer information. In response, the chair emphasized that patients should be informed when AI is used, especially if it affects diagnosis or consequential decisions, and said AI should not be making medical decisions. The committee later voted to recommend SB 2281 pass with amendments, including narrowing the definition of consequential decisions, removing certain language requested by DOH, adding a two-year implementation period, and setting a far-future defective date for further discussion; both committees adopted the recommendation, with the chair voting aye and the vice chair voting with reservations. The second major bill was SB 2852, a civil rights measure focused on digital access for people with disabilities. The Hawaii State Council on Developmental Disabilities, Hawaii Civil Rights Commission, Hawaii Disability Rights Center, and the National Federation of the Blind of Hawaii all supported the bill, arguing that existing law clearly protects physical access but should also make digital access explicit. Blind testifiers described how accessible technology, such as VoiceOver on iPhones, allows them to participate independently in public processes and warned that inaccessible digital systems can create barriers for thousands of blind residents. One testifier, an attorney with disability-law experience, supported the bill’s intent but said the draft had flaws, including no exceptions for archived materials, no distinction between small and large businesses, and concerns about the timing and choice of accessibility standards; he suggested delegating regulatory authority to the Hawaii Civil Rights Commission. The bill’s sponsor said he supported DAB’s proposed amendments, and the committee indicated those amendments would address many of the concerns raised. No final vote on SB 2852 was taken in the portion provided. The committee then took up SB 2751, which defines compounded prescription drugs for workers’ compensation purposes. The Department of Labor and Industrial Relations supported the bill but requested clarifying amendments to keep pharmacists as the primary professionals authorized to compound in licensed pharmacies and to limit any physician compounding authority to the physician’s own patient. Supporters included the Work Injury Medical Association of Hawaii, while Solera Integrated Medical Solutions opposed the measure, arguing the current definition was already broad enough and warning about cost inflation, especially with 503B bulk compounding facilities and physician dispensing. In questioning, members asked about rural access, reimbursement for 503B products, and late testimony suggesting definitions for 503A and 503B facilities, limits on physician dispensing to 30 days post-injury, and pre-approval for non-FDA-approved drugs. DLIR said not every rural community has licensed pharmacists available, that products with a national drug code are reimbursed at 140%, and that 503B facilities raise concerns because they are bulk manufacturers rather than patient-specific compounding operations. The meeting then moved into decision-making on SB 2281; the chair’s pass-with-amendments recommendation was adopted by both committees, with the vice chair voting with reservations.

Transcript Highlights:

• Is there a reservation fee that one has to put up before they get this reservation, and how do you collect
• Chair, Senator Carlson, there isn't a reservation fee.
• Is there a reservation fee that one has to put up before they get this reservation, and how do you collect
• Chair, Senator Carlson, there isn't a reservation fee.
• fee in ch the uh is there a reservation fee that<00:12:28.560><c> one</c><00:12:28.760><c> has</c><00

Keywords: 1187, senate, all

Transcript Highlights:

• Citizens normally has regular assessments, and those assessments are held in reserve for future losses
• Emergency assessments: this bill provides the option to keep it in reserve or to allocate it to a Fortify
• Normally it would be held in reserves, but now that’s the reserve? Rep.
• So there are regular assessments, and those regular assessments always go toward reserve to cover future
• Okay, normally it would be held in reserves, but now it's going into the fortified roof program.

Bills: HR218, HR219, HR220, HR221, HR222, HCR91, HCR92, HCR93, HR210, HR211, HR212, HR213, HR214, HR215, HR216, SCR29, SCR38, SB100, HR171, HCR49, HCR65, SCR23, HB276, HB508, HB512, HB599, HB632, HB656, HB998, HB1052, HB1084, HB1171, HB1193, HB1194, HB1204, HB1209, HB1250, SB2, SB19, SB24, SB50, SB70, SB96, SB101, SB103, SB104, SB114, SB122, SB159, SB160, SB173, SB180, SB182, SB260, SB412, SB418, SB424, SB442, SB460, SB476, HCR41, HCR76, HCR77, HCR63, HCR69, HCR86, SCR19, SCR3, SCR6, SCR18, HB64, HB68, HB92, HB130, HB167, HB227, HB243, HB321, HB335, HB398, HB492, HB624, HB689, HB708, HB804, HB906, HB926, HB955, HB968, HB969, HB978, HB985, HB1005, HB1029, HB1069, HB1077, HB1095, HB1104, HB1107, HB1187, HB1203, HB1217, HB1220, HB730, HB225, HB175, HB198, HB437, HB457, HB488, HB646, HB763, HB909, HB971, HB981, HB1066, HB1089, HB1125, HB1154, HB1231, HB1246, HB1248, HB1249, SB47, SB82, SB106, SB206, SB210, SB248, SB305, SB376, SB397, SB441, HCR32, HB59, HB617, HB897, HB911, HB1223, HB798, HB824, HB989, HB1140, HB1166, HB1244, HB901, HB79, HR20, HR74, HB284, HB306, HB366, HB393, HB458, HB459, HB577, HB582, HB605, HB614, HB682, HB733, HB752, HB773, HB996, HB1035, HB1113, HB1180, HB1234, HB1240, SB89

Keywords: EJ Fields, Shreveport, Louisiana, gospel music, commendation, resolution, honorary resolution, Billboard Gospel Airplay, Mediabase Gospel Airplay, Mercy Endureth, music award, ministry, artist recognition, cultural heritage, spiritual heritage, African American gospel, local hero, state commendation, St. Charles Parish, parish day

Transcript Highlights:

• Sabrina volunteered with the Chesterfield Health District Medical Reserve Corps to support the community
• The second portion of the morning hour is reserved for the announcement of legislation to be moved.
• The second portion of the morning hour is reserved for the announcement of legislation to be moved from
• The third portion of the morning hour is reserved for announcement of member requests for legislation
• In our reserved announcement of member requests for legislation by for the day, and if any, the motion

Keywords: March 12, 2026 - Regular Session, 976, house, all

Transcript Highlights:

• Anyone voting with reservations? Anyone voting no?
• Anyone voting with reservations? Anyone voting no?
• Anyone voting with reservations? Anyone voting no? Um, all members vote aye.
• Anyone voting<00:35:18.000><c> with</c><00:35:18.240><c> reservations?
• Anyone voting voting with reservations? Anyone voting no?

Keywords: 912, senate, all

Summary: The Senate Committee on Labor and Technology heard testimony on several labor-related bills. SB 2567 would allow public employers to seek temporary restraining orders against harassment of employees; the Judiciary, DHS, DOE, and others supported it, with some asking that coverage be broadened to all public employees. The Judiciary said it would not oppose expanding the bill’s scope. The chair deferred decision-making on SB 2567 to February 13, 2026, to allow further discussion with the Judiciary and Attorney General’s Office. SB 2386 would expand pay-transparency requirements for job listings and lower the small-employer exemption threshold from 50 to 25 employees. Testifiers largely supported the measure, citing transparency and retention benefits, while one opposition was noted. The committee voted to pass SB 2386 with amendments, including changing the effective date to January 1, 2077. SB 2389, the Warehouse Workers Protection Act, drew support from labor advocates but concerns from DLIR and the Attorney General’s Office about enforcement and a prosecutorial provision; after questions about quota tracking and recordkeeping, the chair deferred the bill. SB 2663 would require employers to respond in writing to workers’ compensation treatment plans within seven days and establish related penalties. DLIR opposed the bill as drafted, citing fairness and existing statutory conflicts, while injured workers and labor representatives supported it and described long delays in treatment approvals. The committee voted to pass SB 2663 with amendments, including directing fines to the special compensation fund, clarifying enforcement, and setting the effective date to January 1, 2077. SB 2555 would allow retirees to work in succession-planning positions without losing retirement benefits; ERS supported the intent but suggested an annual reporting requirement and noted existing rehire mechanisms. The committee voted to pass SB 2555 with amendments, including an annual report requirement and the same January 1, 2077 effective date. The meeting then adjourned.

Transcript Highlights:

• It's subsidized by reserves from investment income.
• Even in the reserve, there is only $4 million, and right now the supplemental pension fund has a $31
• In terms of fund health, we have roughly somewhere in the neighborhood of 25 to 28 percent reserves in
• the Tammy Fallon continued: "25 to 28 percent reserves in the funds.
• She added that Washington is a public entity, that those reserves are invested and see a good return,

Summary: The committee heard testimony on several bills. SB 5882 would extend workers’ compensation PTSD presumptions to local correctional facility workers after 90 days of employment, with staff explaining the bill’s scope, fiscal note, and how claims would affect employers’ experience ratings. The sponsor and labor representatives supported the measure as a response to correctional officer trauma, while cities, retailers, and self-insurers opposed it over cost, system sustainability, and the need for more study. Labor and Industries said the estimated five-year state-fund claim cost ranges from $6.7 million to $15.3 million, and the hearing closed after testimony from both sides. The committee then heard SB 6196, which would impose a 95% excise tax on kratom products starting in 2027, create licensing and labeling requirements, and direct revenue to youth harmful substance prevention. Supporters argued kratom is unregulated and increasingly available to youth, and some urged age-gating and stronger restrictions on synthetic concentrated products. Opponents, including retailers and the American Kratom Association, said the bill is too punitive, would hurt legitimate businesses, and should be revised into a consumer protection framework rather than treated like a controlled substance. No vote was taken. SB 6204, allowing adults to grow up to six cannabis plants at home with a 15-plant household cap, drew strong support from cannabis advocates and some medical users, who said home grow should have been part of legalization and would help consumers understand the plant. Opponents from law enforcement, cities, and public health warned about youth access, enforcement problems, fire and chemical risks, and possible impacts on cannabis tax revenue. The committee also heard SB 6134, requiring notice to striking workers about possible UI overpayments if they later receive retroactive wages, which the sponsor said would prevent surprise repayment obligations; testimony was overwhelmingly supportive. Finally, SB 6195, aimed at reducing cannabis oversupply by tying producer canopy size to reported sales, drew broad support from cannabis businesses and trade groups, who said it would stabilize the market and address JLARC’s findings, with some stakeholders asking for implementation fixes and clearer language.

Transcript Highlights:

• I'm open to answering questions, and I reserve the right to close. Thank you, members.
• Federally, we have four national reserves, two. Which are in Texas on the coast.
• However, Texas being its own grid does not have its own state reserve to ensure that, in times of chaos
• I look forward to any questions and reserve my right to close.
• I reserve the right to close if anyone has any questions. Any questions for... Rosenthal.

Bills: HB3619, HB3652, HB4572, HB4891, HB4941, HB5103, HB5105, HB5106, HB5224, HB5600

Keywords: surface estate, well plugging, Railroad Commission, landowner rights, liability, strategic reserve, gas supply, petroleum products, disaster response, Railroad Commission of Texas, energy security, emergency planning, oil and gas waste, environmental regulation, waste management, mining pits, groundwater monitoring, regulation, commercial disposal facilities, environmental standards

Transcript Highlights:

• Any opposition or reservations to the Chair's recommendation to pass this measure as is?
• </c><00:30:03.200><c> to</c><00:30:03.360><c> the</c> opposition or reservations to the opposition or
• reservations to the chair's<00:30:03.760><c> recommendation</c><00:30:04.279><c> to</c><00:30:04.480
• Any opposition or reservation to the Chair's recommendation? We pass this measure with amendments.
• We are adjourned. opposition or reservation to the chair's opposition or reservation to the chair's recommendation

Keywords: 912, senate, all

Summary: The Senate Committee on Public Safety and Military Affairs heard several bills on building codes, taxation, police reports, National Guard benefits, and discriminatory reporting. SB 48 would have required the State Building Code Council to assess financial impacts of code adoption on homes and include utility costs; testimony was mixed, but the bill drew concerns about housing costs and code timing. SB 120 would have changed the State Building Code Council’s responsibilities and code adoption process; the International Code Council and Sierra Club opposed it, while BIA Hawaii and others supported it, arguing current code cycles raise costs and counties need more flexibility. The committee later noted that county building departments had not submitted testimony on SB 48 or SB 120. SB 138 would create a nonrefundable income tax credit for hurricane-resistant safe rooms. The Department of Taxation and the Tax Foundation raised concerns about blank provisions and revenue uncertainty, while Hawaii Emergency Management stood on written comments. The committee recommended passage with amendments, including a clarifying tax language change and an effective date of July 1, 2077. SB 112 would allow immediate family members of deceased persons to receive police closing reports after a set period; the Attorney General and prosecuting attorney supported access in principle but requested explicit redaction authority for minors and confidential personal information. The committee adopted amendments reflecting those concerns and passed the bill. SB 88 would authorize allowances for TRICARE, dental, and vision coverage for Hawaii National Guard personnel ordered to active duty for more than 30 days. It received support from National Guard and Department of Defense representatives and was passed as is. SB 16 would create civil remedies for discriminatory reporting to law enforcement based on protected characteristics and require public guidance from the Department of Law Enforcement and Civil Rights Commission; it received support from the department and several advocates, with one opposition testimony. The committee passed SB 16 with an amended effective date and technical changes. In final action, the committee deferred SB 48 and SB 120, and adopted the chair’s recommendations on the remaining measures before adjourning.

Transcript Highlights:

• . >> Um, noting the reservations of Repoto and no for Sheo. Any other reservations? Any other nos?
• </c> I'm going to vote with reservations. I'm going to vote with reservations.
• </c> reservations? Any other nos? reservations? Any other nos?
• Any reservations? Any nos?
• Any reservations? Any no?

Bills: HB1846, HB2205, HB1802, HB1571, HB2047, HB2434, HB2426, HB2361, HB2395, HB1712, HB2544, HB1619

Keywords: coastal erosion, shoreline properties, regional planning, mitigation districts, sediment management, environmental impact, public access, community financing, shoreline erosion, emergency permits, coastal management, erosion control, Hawaii Revised Statutes, HB1802, conservation banking, conservation bank, mitigation banking, compensatory mitigation, incidental take permit, incidental take license

Summary: The committee heard testimony on HB 1846, relating to shoreline mitigation districts. DLNR and the Office of Planning opposed the bill, arguing it would improperly shift regulatory roles between the agencies and prioritize private land interests over public trust and natural and historic resources. Supporters, including the Shoreline Preservation Coalition, Kahana Bay residents, and Hawaii Realtors, said regional planning is needed to address severe erosion, especially in Kahana, and that better coordination between state and county agencies could help move stalled projects forward. Testifiers emphasized that shoreline conditions vary by area and that science-based, region-specific solutions are needed. Members asked questions about whether existing law already allows regional planning and emergency shoreline responses. DLNR said it already has authority to process regional projects and cited an existing draft EIS for Kahana Bay that would proceed through normal permitting and public hearing channels. Supporters responded that the bill would provide a clearer regional planning framework and help communities facing urgent erosion impacts. No vote was taken on HB 1846 in the portion provided. The committee then took up HB 2205, relating to emergency erosion mitigation. DLNR opposed the bill, saying it already has authority to issue emergency permits and had recently done so quickly for a collapsed sidewalk at Queen Surf Beach, and warning that the bill’s language could weaken Act 16 by changing a prohibition on shoreline hardening to a requirement to merely minimize it. Kahana Bay representatives and other supporters argued the bill would create a limited, regulated short-term pathway for emergency shoreline solutions while long-term plans are developed, and said current permits have expired or stalled, leaving dangerous sandbags and no practical relief. Additional testimony from a private homeowner stressed that erosion is threatening homes and that private owners are often bearing the cost of protecting public shoreline access. The discussion remained focused on balancing emergency protection, public access, and long-term shoreline management, and no final action was taken in the excerpt provided.

Transcript Highlights:

• The National Guard's primary purpose is to act as a combat reserve of the United States Army and Air
• So a lot of resources have been put into the reserve component, both in the National Guard and reserves
• </c> resources have been put into the reserve resources have been put into the reserve component<01:35
• . reserves. reserves.
• </c><01:37:12.639><c> of</c> allows us to have a ready reserve of allows us to have a ready reserve of

Keywords: 1191, senate, all

Transcript Highlights:

• Those, unless they become real reserves and then we're required to have real reserves, having precious
• ><c> have</c><00:23:09.840><c> real</c><00:23:10.159><c> reserves.
• Uh, and in addition, this bill also sets up a strategic reserve and just sets it aside.
• </c><02:04:02.639><c> It's</c> reserve and just sets it aside. It's reserve and just sets it aside.
• </c> reserve funds. reserve funds.

Keywords: 928, house, all

Summary: The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy. Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets. Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.

Transcript Highlights:

• Not really when the reservation has no... building codes.
• school experiences for public comment, and most of my peers are from the Navajo Nation and the Zuni Reservation
• Most of my peers are from the Navajo Nation and the Zuni Reservation.

Transcript Highlights:

• It doesn't say in honor, it just says reserved. Wow!
• I'm the only one that's got a reserved spot. That's right. And the one that lives farthest away.
• Reserved. This spot. Well, from Jacksonville, Conroe is downtown. People when they park there.

Bills: HB24, SB3038, SB3045, SB3065, SB3069, SB3071, HB2025, HB2149, HB3370, HB4205, HB4506, HB5424, HB5652, HB24, HB3687

Keywords: groundwater, conservation, water permits, sustainability, resource management, Fort Bend County, Municipal Utility District, MUD, special district, Rosenberg, Texas Commission on Environmental Quality, TCEQ, ad valorem tax, bond issuance, assessments, fees, taxes, eminent domain, road district, storm drainage

Transcript Highlights:

• The first of all is they have plenty of reserves. They have a very solid financial standing.
• I think that the testimony was they have an $8 million endowment fund, they have $8 million in reserves
• But they have plenty of reserves. That's my first reason.

Bills: SB2014

Keywords: industrial commission, economic development, housing finance, oil and gas, rail infrastructure, financial assistance, emergency funding, 908, all

Summary: The Government Operations Division met to continue work on the remaining bill and related amendments. Joe Morse asked the committee to include a $219,000 general fund replacement for rent that would no longer be collected from Career and Technical Education after the 15th floor of the tower becomes legislative space under the Legislative Council’s jurisdiction. Members discussed that state law currently requires rent only from executive branch office space, not legislative or judicial space, and there was no objection to adding the request to the amendment package. The committee then revisited a set of amendments it had previously discussed, including whether to include funding for Prairie Public. Senator Dwyer argued against any Prairie Public funding, citing its reserves, endowment, and charitable gaming revenue, and said the state should prioritize other needs. Senator Irby supported a one-time infrastructure contribution as the state shares in related infrastructure costs. Senator Sickler said Prairie Public still provides unique local programming, but that a one-time infrastructure item would be a reasonable compromise rather than ongoing operating support. A motion was made and seconded to provide Prairie Public $850,000 from the Strategic Investment and Improvement Fund for infrastructure needs. The roll call vote failed 3-2, with Senators Sickler and Irby voting aye, Senators Dwyer and Burkhard voting no, and Chairman Wanzek voting yes. After that vote, the committee indicated the amendment package was otherwise complete, though leadership had asked that final action on the bill be held for a little longer. The meeting adjourned with the understanding that more amendments could still be brought forward before the next meeting.

Transcript Highlights:

• Our school districts do usually have small reserve accounts, anywhere from 4% up to 12%, so, you know
• </c><01:01:33.440><c> accounts</c><01:01:34.079><c> anywhere</c> have small reserve accounts anywhere
• funds and had to take out High Reserve funds and had to take out High interest<01:01:59.400><c> loans
• budget Reserve account our savings<01:02:24.400><c> then</c><01:02:24.599><c> funds</c><01:02:24.920
• So if one of our communities was hit by floods, that reserve account is not going to be there anymore

Keywords: 1183, house

Transcript Highlights:

• the 2025 budget, we enacted $2 billion in Proposition 98 deferrals and fully deployed the Prop. 98 reserves
• At the time, that fully depleted the reserve.
• So with those revised transfer amounts, the ending balance in the reserve is now $4.1 billion at the
• The revised balance would be enough to trigger the 10% school district reserve caps in 2026-27.
• The $4.1 billion deposit into the Proposition 98 reserve is the starting point for that.

Summary: The subcommittee opened with remarks on the state budget and K-12 education, noting the large increase in the Proposition 98 minimum guarantee, the use of deferrals and reserves in the prior budget, and the challenge of balancing education funding against other state priorities. Superintendent Tony Thurmond described California education as improving overall, citing gains in test scores, graduation, and college readiness, but said major gaps remain for low-income students, students of color, agricultural communities, English learners, foster youth, and students with disabilities. He praised recent investments in universal meals, transitional kindergarten, community schools, arts, broadband, and special education, while warning that declining enrollment, chronic absenteeism, and the proposed $5.6 billion Prop. 98 settle-up create uncertainty for districts. He also urged a long-term literacy plan, expanded tutoring, universal kindergarten, and continued protections for students and families affected by immigration enforcement, including ICE-related fear and attendance loss. The committee then heard a detailed presentation on Proposition 98 from the Department of Finance and the Legislative Analyst’s Office. Finance explained that the Governor’s budget projects the minimum guarantee will rise by about $21.7 billion over three years, with a $5.6 billion settle-up obligation in 2025-26 intended to avoid overappropriation if revenues weaken. Finance also described revised reserve deposits and withdrawals, ending with about $4.1 billion in the Public School System Stabilization Account by 2026-27. The LAO said recent revenue collections were stronger than expected in the current year but warned that the outlook for 2026-27 is weaker and that stock-market-driven revenues remain volatile. The LAO supported maintaining reserves and one-time spending buffers, but recommended fully funding the guarantee and using other budget solutions rather than shifting the settle-up into future deficits. Members asked about the settle-up process, certification timeline, the effect of attendance declines tied to immigration enforcement, and wildfire-related impacts, including Pasadena Unified’s $4 million special appropriation. On LCFF and necessary small schools, Finance proposed a 2.41% COLA and about $2.2 billion in additional LCFF funding for districts and charters in 2026-27, plus a $30.7 million ongoing increase to raise the necessary small schools allowance by 20%. The LAO supported funding the COLA but said the small-school increase was not tied to a specific cost study and could be redesigned to better target small districts, noting that only a fraction of very small districts would benefit. Questions focused on how small schools access supplemental and concentration grants and how attendance recovery programs are being implemented. The Department of Education said only 130 LEAs had reported attendance recovery so far, likely because it is a new program with compliance requirements, though interest appears to be growing. FICMAT then reviewed the fiscal health of local districts, reporting an uptick in qualified and negative certifications, though still far below Great Recession levels. It said declining enrollment, rising special education costs, and higher labor and insurance costs are the biggest fiscal pressures, and that some districts are using fiscal stabilization plans and staff reductions ahead of second interim reports. FICMAT also discussed wildfire impacts on Pasadena Unified and Los Angeles Unified, explaining that Pasadena’s $4 million state appropriation was based on an early post-fire assessment and that the district is being monitored with the county office of education. Members raised concerns about Pasadena’s leadership, special education staffing shortages, AB 218 sexual abuse litigation costs, insurance premium increases, and the need for stronger prevention and training measures. FICMAT said SB 848 and related policies address some of those concerns by strengthening standards, training, and reporting requirements.

Transcript Highlights:

• The opportunity reserve fund, we're going to talk about that a little bit more in subsequent pages.
• So the uh turning the page where you say excess ETF funds, this is where through the rolling reserve
• </c><00:16:08.399><c> act</c> where through the rolling reserve act where through the rolling reserve
• </c><00:18:08.000><c> the</c><00:18:08.320><c> projected</c><00:18:08.960><c> reserve</c> white page
• there. the projected reserve white page there. the projected reserve balances<00:18:11.120><c> um</c>

Bills: SB344, SB344

Keywords: Alabama Memorial Preservation Act, monuments, historic preservation, memorial buildings, memorial schools, memorial streets, architecturally significant buildings, public property, waiver process, Committee on Alabama Monument Protection, Attorney General, civil penalty, historic marker, renaming, relocation, removal, public memorials, heritage preservation, state historic preservation fund, governmental entity