Video & Transcript Research : 'stability'
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MN
Transcript Highlights:
- Some level<00:18:52.960>
of <00:18:53.400>stability. - We know that level of stability.
- less<00:18:57.039>
than stability costs significantly less than stability costs significantly - Um and in a moment when some stability.
- Um so for folks, stability is key.
MN
Minnesota 2025 1st Special Session
Committee on Jobs and Economic Development - 03/19/25
Jobs and Economic Development
Transcript Highlights:
- Minnesota supply chain to help stabilize Minnesota supply chain to help stabilize and<00:49:10.319
- This bill provides a pathway to stability and helps them rebuild their lives.
- People can't stay sober if stability.
- So those are my four questions. stability to help uh these individuals stability to help uh these individuals
- and it can provide a path to stability. and it can provide a path to stability.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 03/11/25
Health and Human Services
Transcript Highlights:
- State funding for fiscal years 2023 and 2024 provided the financial stability needed to meet growing
- Minnesota's reinsurance program has been a resounding success in stabilizing the individual market and
- It did this by and stabilize the market.
- in the individual continued stability in the individual market<00:38:26.240>
and <00:38:26.400 - Reinsurance has been an important piece of the puzzle in stabilizing not just the individual market,
MN
Minnesota 2025-2026 Regular Session
Minnesota House repasses omnibus housing finance bill, SF2298 5/18/25
Minnesota House Floor Meeting
Transcript Highlights:
- how it's important that we address affordability and diversity in housing so that we can create stability
- It gives the idea of stability, and as we have said in the housing committee, a stable home means more
- <00:29:12.640>
when <00:29:12.880>they home provided that stability when they home - provided that stability when they hit<00:29:13.200>
that <00:29:13.360>ref <00:29:13.679 - and grow and have keep that stability and grow and have economic<00:29:18.000>
security.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 04/16/26
Health and Human Services
Transcript Highlights:
- yesterday, the hospital stabilization yesterday, the hospital stabilization um<00:11:00.760>
- It includes the hospital stabilization program, the safety net community-based safety net provider stabilization
- <00:20:22.640>
proposal stabilization proposal stabilization proposal are<00:20:24.400>short-term - <00:37:49.960>
program um the hospital stabilization program um the hospital stabilization - I'm the hospital stabilization thing.
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 4/9/25
Human Services Finance and Policy
Transcript Highlights:
- . stabilization. stabilization.
- <00:29:51.440>
and services, housing stabilization and services, housing stabilization and - housing stabilization and and housing stabilization<00:30:05.760>
providers <00:30:06.159> - to<00:30:06.320>
initiate stabilization providers to initiate stabilization providers to initiate - <00:43:34.000>
services the housing stabilization services the housing stabilization services
Bills:
HF2434
TX
Transcript Highlights:
- A well-functioning process is essential to protecting both housing stability and property rights.
- You've heard today House Bill 32 threatens housing stability and accelerates evictions by restricting
- This makes it harder for families to find housing, secure employment, or regain stability, even if the
- You could lose your job over the tiniest little thing, and that takes away yours your stability.
- I finally had some stability. Less than a year later, I was wrongfully evicted from public housing.
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 1 May 18th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- how it's important that we address affordability and diversity in housing so that we can create stability
- The idea of stability.
- people contributing to the community, means getting a better education because they've got that stability
- Under this ledger, the commitment to providing stability is crucial so that they can maintain stability
- year we need to finally address the obstacle and make this change for Minnesota so we can return stability
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee Mar 19th, 2025
Transcript Highlights:
- addressed as necessary to resolve compliance conflicts with investor guidelines and avoid market stability
- The bill's benefits include stabilizing the insurance market and avoiding disaster-related fiscal risks
- Department of Insurance for their support and leadership to strengthen the Fair Plan, the financial stability
- Commissioner Lara's broader sustainable insurance strategy, a necessary part of the ongoing efforts to stabilize
- neighborhoods, and restoring... ...fueling economic growth, revitalizing neighborhoods, and restoring stability
Summary:
The Assembly Appropriations Committee met on March 19, 2025, adopted its committee rules unanimously, and then heard a series of housing, insurance, and disaster-recovery bills. Early bills focused on wildfire relief and insurance issues, including AB 238 on mortgage forbearance for Los Angeles County wildfire survivors, AB 493 on insurance payout interest for homeowners, AB 597 on consumer protections after disasters, and AB 226 on strengthening the California FAIR Plan’s liquidity tools. Supporters generally framed these measures as necessary protections for disaster survivors and market stability, while opponents and concerned witnesses raised issues such as investor guidelines, compliance conflicts, and market disruption. Several members also noted equity concerns and the need to balance relief with consistency across the state.
The committee also heard a cluster of housing-production bills. AB 306 proposed a six-year pause on new state building code updates affecting residential construction and limits on local code modifications, drawing strong support from housing and building industry groups who argued it would reduce costs and improve predictability. It also drew opposition from code, environmental, and clean-energy advocates, who warned about safety, local control, and the loss of important code updates. AB 253 would allow licensed third-party professionals to perform plan checks if local review takes 30 days or more, and AB 301 would impose state-agency permitting timelines similar to those already applied to local governments; both were presented as ways to reduce delays and speed housing development. AB 462 would exempt ADU construction from coastal development permit requirements in Los Angeles County, especially to aid fire recovery and expand housing supply.
After hearing testimony and brief member discussion on each measure, the committee placed the bills on suspense or advanced them as appropriate. In the suspense hearing at the end of the meeting, the committee took up the suspense-file bills and reported AB 226, AB 238, AB 301, and AB 306 out with due pass recommendations on roll call votes. The meeting then adjourned.
CA
California 2025-2026 Regular Session
Joint Hearing Budget Subcommittee No. 2 on Human Services and Budget Subcommittee No. 1 on Health Apr 9th, 2025
Transcript Highlights:
- So it could be up to another year or so before the senior caseload starts to stabilize in response to
- Our seniors are living with some dignity, stability, right, and comfort.
- Many HomeSafe clients are stabilized by moving either temporarily or permanently to supportive housing
- HomeSafe's flexibility ensures it can do whatever it takes to stabilize those at risk.
- We’ve been able to stabilize them. We wouldn’t be able to do that without these programs.
Summary:
The joint Assembly Budget Subcommittee hearing focused first on long-term services and supports for older adults, especially the “forgotten/overlooked middle” who earn too much for Medi-Cal but cannot afford private long-term care. Administration witnesses from DHCS, the Department of Aging, and Social Services described Medicare’s limited long-term care coverage, Medi-Cal’s role, the elimination of the Medi-Cal asset test, and ongoing state studies and listening sessions on financing options. Testimony from advocates and researchers emphasized rising homelessness among older adults, the need for better navigation and coordination across health, aging, housing, and social service systems, and short-term policy steps such as share-of-cost reform, housing stability supports, and protecting home- and community-based services. Members highlighted the need for a coordinated, no-wrong-door approach and asked for the most impactful budget investments to address affordability and homelessness risk.
The second major topic was the Community-Based Adult Services (CBAS) program. CDA reported that CBAS helps participants remain in the community, that 304 centers operate statewide serving about 42,000 people, and that demand is stable but access gaps remain in some regions. DHCS explained that a 2024 rate increase authorized by SB 159 became inoperative after Proposition 35, and that a separate 10% rate change on the fee schedule was the result of a DHCS system error; the department said it would not require recoupment, though managed care plans may act under their contracts. CBAS providers and advocates warned that reimbursement rates have not kept pace with costs, that several centers have closed, and that clawbacks could trigger more closures. They requested $74.8 million ongoing General Fund to close part of the rate gap and preserve the program, while members expressed concern about closures and the cost savings of keeping people out of more expensive institutional care.
The hearing then moved to In-Home Supportive Services (IHSS) and statewide collective bargaining. CDSS reviewed provider recruitment and retention efforts, including electronic timesheets, direct deposit, and the now-completed IHSS Career Pathways program, which trained more than 59,000 providers. CDSS also summarized its AB 102 workgroup report on statewide versus regional bargaining, saying the final report would be sent to the Legislature soon and that statewide bargaining appeared more viable than regional bargaining, though it would require clear statutory scope and major fiscal changes. The department estimated that each $1 per hour statewide wage increase would cost at least $1.3 billion to $1.5 billion annually. Labor advocates argued that IHSS wages, benefits, and training are too inconsistent across counties and called for statewide bargaining, consumer participation, and ongoing state funding. County representatives supported stronger wages but cautioned that counties need protection from new costs and administrative burdens, and consumer advocates warned that moving bargaining to the state could weaken local consumer control and the program’s consumer-driven structure.
HI
Transcript Highlights:
- <00:14:45.440>
We're Worker Stabilization Fund. We're Worker Stabilization Fund. - It's a stability tool.
- It's a stability tool.
- It's a stability<00:36:21.040>
tool. - It helps retained, stability tool.
Keywords:
workforce development, craftspersons, skilled trades, artisan, craftsmanship, trade recognition, award program, DLIR, Department of Labor and Industrial Relations, Meilleur Ouvrier de France, vocational education, career pathways, cultural preservation, workforce excellence, apprenticeship, Hawaii trades, economic diversification, public nominations, governor awards, historically significant venue
MA
Massachusetts 2025-2026 Regular Session
Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- Assistance caseworker line item from $41.5 million to $56.5 million, an investment of $15 million to stabilize
- Assistance caseworker line item from $41.5 million to $56.5 million, an investment of $15 million to stabilize
- require, Madam President, that the ultimate report would include recommendations to ensure fiscal stability
- , reserve adequacy... ...include recommendations to ensure fiscal stability, reserve adequacy, and compliance
- DESE managed this in 2021 and helped stabilize the budgets of nearly 140 districts during this time.
Summary:
The Senate considered a supplemental appropriations bill and a series of amendments focused on education, health, transportation, tax administration, and oversight. Senator Kennedy spoke in support of increasing funding for DTA caseworkers to improve SNAP access and reduce delays, but then withdrew the amendment by unanimous consent. Senator O’Connor’s amendment adding $500,000 for Free Period to provide free menstrual products in public schools was adopted, as was Senator Miranda’s $1 million METCO transportation and student support amendment. Senator Collins briefly proposed extending paid family and medical leave and unemployment insurance coverage to graduate student workers, but withdrew that amendment for later discussion.
Several amendments were debated and either adopted or rejected. Senator Tarr’s proposal to create oversight of the Group Insurance Commission and fund an Inspector General review was defeated after opposition argued existing oversight was sufficient. Tarr also offered amendments on MBTA deficiency fund withdrawals and on requiring 90 days’ notice before state tax code decoupling changes; both were rejected after standing votes. Senator Driscoll’s amendment for Randolph Public Schools restroom improvements was adopted, while his veterans student loan forgiveness amendment was withdrawn. Additional amendments were adopted for Bridgewater Middle School water filtration, Uffum’s Corner Health Center, and NeighborHealth’s pharmacy technician training program for local high school students.
A major discussion centered on school funding and enrollment declines. Senator DiDomenico withdrew an amendment that would have provided $100 million to address Chapter 70 funding losses tied to enrollment drops, but he and Senator Collins used the floor to argue that districts facing declining enrollment and rising costs need a broader state response. The Senate also adopted a new draft of the supplemental budget and then passed the bill to be engrossed by a roll call vote, with 35 members in the affirmative and 4 in the negative. The chamber then adjourned to meet again Monday, and did so in memory of Arthur H. Tobin, a former Quincy mayor, state legislator, and clerk magistrate.
AZ
Transcript Highlights:
- WIFA's Board of Directors, who represent Arizona's only state agency that exists solely to ensure the stability
- It needs a public actor in the mix here, both to provide some of the stability for diplomatic relationships
- but also to provide that stability for financing.
- but also to provide that stability for financing.
- And what we're already hearing from off-takers, from banks, is that when we don't have that stability
Summary:
The Senate Natural Resources Committee was called to order with member and staff introductions, then heard a presentation from the Water Infrastructure Finance Authority (WIFA). Director Chelsea McGuire described WIFA’s core revolving loan programs for clean water and drinking water infrastructure, its rural water supply development fund, its conservation grant fund, and the long-term water augmentation fund. She said WIFA has invested nearly $3 billion over 30 years in water infrastructure, awarded $87.3 million under the rural fund, and allocated about $211 million in conservation grants expected to save 6.6 million acre-feet of water. She also reported that the conservation grant fund is fully allocated and that WIFA is seeking renewed funding support from the legislature.
A major focus was the long-term augmentation fund, which WIFA is using to evaluate large-scale water supply projects through a competitive solicitation and due-diligence process. McGuire said 17 proposals were received and seven projects were selected for further development, including desalination, reuse, groundwater storage, and exchange-based supply arrangements involving Arizona, California, and Mexico. She emphasized that the next phase will include public engagement, technical and financial analysis, and input from potential water buyers, and that the projects are intended to address an identified supply gap of 100,000 to 500,000 acre-feet per year over the next 10 to 15 years.
Members generally praised WIFA’s work, especially its support for small and rural communities, and asked about public transparency, conservation savings, federal funding for revolving funds, and the cost and timeline of augmentation projects. McGuire said the revolving funds remain financially stable even if federal funding declines, though forgivable-principal grants could be affected. She also said smaller utilities often need staff help to navigate applications and that WIFA is working to make the rural fund’s process more predictable and accessible. Several senators urged the legislature not to cut WIFA’s funding, while McGuire argued that stable state support is needed to keep project costs down and maintain momentum. No votes or formal actions were taken.
KY
Kentucky 2025 Regular Session
Senate Standing Committee on Economic Development, Tourism, & Labor. (2-20-25)
Transcript Highlights:
- So what this bill aims to do is to close that loophole and to also provide more stability for the system
- So it's really a cleanup bill that provides some more stability for the system and hopefully gets more
- So it's really a cleanup bill that provides some more stability for the system and hopefully gets more
- So it's really a cleanup bill that provides some more stability for the system and hopefully gets more
- So it's really a cleanup bill that provides some more stability for the system and hopefully gets more
Keywords:
Meeting Start 00:00
Roll Call 00:17
SB 129 Discussion 00:46
SB 129 Vote 04:27
SB 178 Discussion 05:48
SB 178 Vote 07:57
SB 151 Discussion 09:01
SB 151 Vote 11:24
SB 201 Discussion 15:17
SB 201 Vote 21:48, 958, all
Summary:
The Senate Standing Committee on Economic Development, Tourism, and Labor met and first took up SB 129, with a committee substitute adopted before testimony. The bill would allow certain qualified third-party entities in Louisville Metro, including public bodies and long-standing nonprofits, to purchase certificates of delinquency on vacant and abandoned residential properties after 90 days, with the goal of returning blighted property to productive use and back on the tax rolls. Several members supported the measure as a tool for housing and economic development, while Senator Boswell and Chair Willer noted concerns about protecting vulnerable property owners, such as widows, the elderly, and people with disabilities. SB 129 was approved by the committee with favorable expression.
The committee then heard SB 178, which updates statutes related to the Education and Labor Cabinet by moving the Office of Vocational Rehabilitation’s Division of Program Policy into statute, renaming Business and Apprenticeship to Industry and Apprenticeship, and making related organizational changes. Testimony from cabinet staff said the changes reflect work already being done and that a floor amendment would be needed for one additional correction. The bill was advanced unanimously with favorable expression.
Next, the committee considered SB 151, which would bar state tax dollars from being used to pay persons not legally present in the United States. The sponsor argued the bill was needed to prevent Kentucky funds from going to undocumented workers on state job sites, while Senator Wheeler questioned what the bill would change beyond existing law and how such payments would occur through contracts or appropriations. Senator Yates said he was not opposed to the premise but wanted more time to review the bill’s mechanics, and Senator Thomas voted no for the same reason. Despite those concerns, SB 151 passed with favorable expression.
Finally, the committee heard SB 2011, a workers’ compensation bill that would delay newly appointed administrative law judges from taking office until Senate confirmation, extend current ALJ terms through June 1 of next year, and allow retention votes for board members to improve stability and attract more applicants. The sponsor said the bill addresses a loophole that can discourage qualified candidates from applying because they may have to leave private practice before confirmation. After a question about whether the bill would affect salaries, the sponsor explained compensation is set by statute and caseload need is separately reviewed. The bill received favorable expression and the meeting concluded with no further business.
HI
Hawaii 2025 Regular Session
FIN Info Briefing - Mon Jan 6, 2025 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- increase and Libor Market is stabilizing increase and Libor Market is stabilizing or<00:13:58.000
- The total sale for that year is about... has been stabilizing so from the has been stabilizing so from
- separations we are kind of uh stabilized separations we are kind of uh stabilized but<00:22:25.440
- What that means is that the only way you're going to stabilize population and stabilize labor force is
- What that means is that the only way you're going to stabilize population and stabilize labor force is
Summary:
The Committee on Finance held its first informational briefing for 2025, beginning with member introductions and then hearing an economic outlook presentation from Dr. Eugene Tian of the Department of Business, Economic Development and Tourism. Dr. Tian said Hawaii’s economy was in relatively good shape in several areas, especially construction, which he described as at a historical high, with construction employment above 40,000 monthly and building permit values and contracting tax base both up sharply. He also noted real estate sales had rebounded in 2024, the labor market had stabilized with unemployment around 2.9%, and initial unemployment claims were below 2019 levels. At the same time, he highlighted challenges including inflation running above the national rate, a shrinking labor force, lower employment compared with 2023, and continued weakness in visitor spending and arrivals. He said future growth would likely come from health care, professional services, construction, tourism recovery, and diversified sectors such as renewable energy, aquaculture, creative industries, and technology.
Dr. Tian also discussed Hawaii’s economic structure and recovery, saying the state remains more concentrated in a few industries than the U.S. overall, with government and hospitality making up larger shares of the economy. He said non-tourism sectors had recovered, but tourism-related jobs and output were still below pre-pandemic levels, with Maui and the visitor industry still affected by the wildfire and COVID-19 impacts. He projected tourism and non-agricultural wage and salary jobs would not fully recover until 2027, and said population trends remain a concern because of aging, the likelihood of deaths outpacing births in coming years, and reliance on in-migration. After his presentation, the chair said questions would be taken later and the committee took a short break.
After the break, Dr. Carano of the Hawaii Executive Director’s office presented a second outlook, saying Hawaii’s economy in 2025 looked better than 2024 overall, though he emphasized substantial uncertainty tied to the incoming federal administration. He said possible changes to tariffs, tax policy, immigration, and federal spending could raise inflation and keep interest rates higher than previously expected, which would affect housing, consumer debt, the dollar, and Hawaii’s visitor industry. He noted that U.S. visitors account for roughly three-quarters of visitor spending in the state, making federal policy especially important. He also said deregulation could be a long-term positive but would not likely have much effect in 2025 or 2026. As an additional risk, he pointed to bird flu and its effect on livestock, poultry, and egg prices. No votes or formal actions were taken during the briefing.
FL
Transcript Highlights:
- This sort of discourages permanent hiring and limits job stability.
- where you work, who you work for, or what you've done in your past, we all strive for a sense of stability
- , the same sense of stability.
- The issue is not the existence of temporary labor, but whether it serves as a bridge to stability or
- Karen... serves as a bridge to stability or a barrier to it. Florida's growth depends on workers.
Keywords:
traffic safety, school zones, speed detection systems, license plate recognition, yellow signal timing, data privacy, municipal powers, labor pool, employment, temporary work, placement fee, Department of Commerce, limited liability companies, corporations, principal office, registered agent, Florida Statutes, charitable giving, endowment agreements, donor restrictions
Summary:
The Committee on Commerce and Tourism considered several bills. SB 1338 by Senator Burton would strengthen enforcement of written endowment agreements for charitable gifts and require legislative approval for new filing or reporting requirements on charities. The sponsor and Philanthropy Roundtable testified in support, emphasizing donor intent and protections for nonprofits; the bill was reported favorably. SB 1324, which was expected to address principal offices of LLCs, was temporarily postponed.
The committee also passed CS/SB 1080 by Senator DeSigley, which directs FDOT to adopt rules allowing direct payments to first-tier subcontractors in specified circumstances. A transportation industry representative supported the measure, saying the situations are rare but need a statutory remedy. CS/SB 1582 by Senator Yarbrough, as amended, requires secondhand dealers, secondary metal recyclers, and pawnbrokers to submit transaction data to FDLE for statewide sharing through systems such as LInX; the amendment and bill were both reported favorably, with one witness from the Florida Recycler’s Association opposing the amendment.
Senator McLean’s SB 1672, creating a home buyer workforce tax credit for employer contributions to help employees with first-time Florida home purchases, was reported favorably with support from the Florida Chamber of Commerce. SB 1112 by Senator Garcia, relating to the Florida Labor Pool Act, drew extensive testimony from workers, reentry advocates, and supporters who argued it would prohibit placement fees when workers are hired permanently, require annual registration of labor pools, improve accountability, and support stable employment and reentry; the bill was reported favorably. The committee then adjourned after recording votes and other closing business.
TX
Transcript Highlights:
- use of the Grow Texas Fund and allocating certain general revenues to that fund, the Economic Stabilization
- production, and providing for the transfer of certain general revenues to that fund, the Economic Stabilization
- use of the Grow Texas fund and allocating certain general revenues to that fund, the Economic stabilization
- gas production, providing the transfer of certain general revenues to that fund and the economic stabilization
- amendment dedicating certain general revenues that would otherwise be transferred to the Economic Stabilization
Summary:
The House met for first reading and referral of a large number of bills and joint resolutions, with no substantive debate on the measures themselves. The filings covered a broad range of topics, including agency rulemaking and regulatory deference, occupational licensing reciprocity, business entities, eviction procedures, higher education, public education, health care, elections and voting procedures, criminal justice, property tax and appraisal issues, transportation, agriculture, energy, and local government authority. Several proposals also addressed constitutional amendments on matters such as Medicaid expansion, property tax limits, quorum and special-session rules, voting citizenship proof, parental rights, reproductive autonomy, and state funding allocations.
Many of the measures focused on education, public health, and election administration. Examples included bills on financial literacy in schools, school nurses and librarians, student meal debt policies, suicide prevention notices, menstrual products, and community-based learning programs, as well as election-related bills on voter registration, disability access, ballot corrections, political advertising, and voting equipment or procedures. Other notable bills dealt with housing and property issues, including evictions, homestead tax exemptions, and land ownership, along with criminal justice measures involving sentencing, juror challenges, trafficking-related nondisclosure, and firearm reporting or transfer restrictions.
The House also referred a set of resolutions to the Local and Consent Calendars Committee. At the end of the proceedings, Mr. Bell moved that the House adjourn until 2:00 p.m. Tuesday in memory of James Edward Cook of Eustace, Texas. There was no objection, and the House adjourned.
ND
North Dakota 2026 1st Special Session
Government Finance Committee Mar 19th, 2026 at 01:00 pm
Government Finance Committee
Transcript Highlights:
- So the first one is the budget stabilization fund, which has a current balance as of at least the most
- The next fund is the Foundation Aid Stabilization Fund, which is funded from a portion of oil and gas
- But there is, just like the budget stabilization fund where there's a required minimum balance of 15%
- Foundation Aid Stabilization Fund. How much of the K-12 budget? Mr.
- In this case, just the Budget Stabilization Fund.
ND
North Dakota 2025-2026 Regular Session
Government Finance Committee Mar 19th, 2026
Transcript Highlights:
- So the first one is the budget stabilization fund, which has a current balance as of at least the most
- The next fund is the Foundation Aid Stabilization Fund, which is funded from a portion of oil and gas
- But there is, just like the budget stabilization fund where there's a required minimum balance of 15%
- Foundation Aid Stabilization Fund. How much of the K-12 budget? Stabilization fund.
- In this case, just the Budget Stabilization Fund.
Summary:
The Government Finance Committee met with new leadership, approved the December 11 minutes, and received a series of informational updates on the state’s finances and related policy issues. The Office of Management and Budget reported the general fund is tracking very close to forecast, with revenues about $2 million above forecast and an estimated ending balance of about $397 million, higher than previously expected. OMB also reviewed balances in major funds, including the budget stabilization fund, legacy fund, foundation aid stabilization fund, social services fund, and strategic investment and improvements fund, and answered questions about oil tax revenues and fund management.
The Tax Department provided updates on taxable sales and purchases by county and industry, noting Cass County as the largest county by taxable sales and that retail trade remains the largest industry sector. Tax Commissioner Brian Kroshus also discussed the federal One Big Beautiful Bill Act and its estimated effects on North Dakota income tax collections, explaining that the projected revenue impacts are measured against a 2025 baseline and that some provisions are temporary while others are permanent. He also reported that primary residence tax credit applications were running ahead of last year, with more than 154,000 received so far and an expectation of roughly 160,000-plus applications.
The committee also heard fee-study presentations from the Department of Transportation and the Information Technology Department. DOT explained that driver’s license fees cover only about half of program costs and that the shortfall is subsidized by the highway fund, while also noting recent changes such as the blackout plate and motor vehicle excise tax distribution changes. NDIT described its internal service fund model, current billing structure, and possible future changes to simplify invoices and billing frequency. Legislative staff also updated the committee on office space needs in Bismarck-Mandan and on legislative branch space planning, and subcommittees reported progress on fixed-route transit funding and regional jail capacity, including a visit to the Burleigh-Morton detention facility and discussion of future prison bed needs. No formal votes or legislative actions beyond approving the minutes were taken, and the committee adjourned with its next meeting set for June 25.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee Nov 6th, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- So these are federal and state funded programs, but what they do is they stabilize a local economy for
- So again, things that we can Stabilize here at the state level that are those federal programs that we
- Fresh fruits and vegetables, and proteins in their school meal programs, again, stabilizer for that.
- We'll have more stability at that local and state level.
- So, it gives us that stability to cash flow year-round and have income constantly coming in, and a way