Transcript Highlights:

• We have a surplus.
• His recklessness has shrunk our state surplus by $160 million.
• has shrunk Minnesota his recklessness has shrunk our<00:01:50.439> State<00:01:50.759> Surplus
• <00:01:51.320> by<00:01:51.680> $160 our State Surplus by $160 our State Surplus by
• We have a $3.7 billion cash on hand surplus in the biennium to come.

Keywords: 1183, house

Transcript Highlights:

• As worthy as those education programs were, the House's goal with the surplus funds was to balance the
• With the surtax again expected to run a large surplus in FY25, it will be our continued goal to achieve
• you has a total expenditure of $1.38 billion, a vast majority of which comes from the fair share surplus
• you has a total expenditure of $1.38 billion, a vast majority of which comes from the fair share surplus
• In conclusion, Madam Speaker, the uses of these one-time surplus funds are a unique opportunity for us

Keywords: 995, all

Summary: The House first adopted several noncontroversial resolutions, including congratulations to the Rotary Club of Watertown for its 100 years of service and to Mystic Valley Elder Services on its 50th anniversary. It also suspended Joint Rule 12 to advance a petition establishing a sick leave bank for a Massachusetts Department of Transportation employee, James Caruso, sending that matter to the Committee on Public Service. The chamber then recessed and later confirmed a quorum after a roll call was called and withdrawn. The main substantive item was House Bill 4227, the final conference committee report on supplemental FY2025 appropriations using FY2024 fair share surtax surplus funds. Members heard that the bill would spend about $1.38 billion, with roughly $716 million for transportation and $593 million for education. Transportation funding included support for the MBTA, regional transit authorities, Chapter 98, and municipal bridges and culverts; education funding included special education circuit breaker reimbursements, higher education deferred maintenance, vocational school capital, early education supports, endowment matches, and Green School Works. The House accepted the conference report by a roll call vote of 146-3, then passed the bill to be engrossed and later enacted it by a roll call vote of 148-4. The House also advanced House No. 422, establishing a sick leave bank for Esther Adafwa of the Department of Mental Health. The bill was ordered to a third reading and then passed to be engrossed. Throughout the session, the House observed moments of recognition and silence for guests and for the deaths of Richard Serino Sr. and Minnesota Speaker Emerita Melissa Hortman, and it adopted an order to adjourn in Hortman’s memory, with the House set to meet again Monday at 11 a.m.

Transcript Highlights:

• December of 2022, five months after the Legislature had passed a budget with a $100 billion historic surplus
• As an example, just a few years ago, we went from a $97.5 billion surplus to a $45 billion shortfall.
• But the $98 billion surplus, we didn't pay off $20 billion. And Same question again.
• But the $98 billion surplus, we didn't pay off $20 billion.
• And 2022, when we had that big $97.5 billion surplus, was an example of that.

Summary: The Assembly Budget Subcommittee on Accountability and Oversight heard ACA 20, the Safe for California Futures Act, a constitutional amendment to strengthen the state’s Budget Stabilization Account (rainy day fund). The authors, Assembly Members Gabriel and Valencia, said the measure would raise the reserve cap from 10% to 20% of General Fund revenues, change how reserve deposits are treated under the Gann limit so deposits would not count against the spending cap until withdrawn, and update eligible debt repayments to include items such as budget loans, Proposition 98 settle-up obligations, and unemployment insurance debt. They emphasized that the proposal was intended to protect schools and core public services and to help California better withstand revenue volatility and future downturns. Committee discussion focused heavily on the technical effects of the measure, especially its interaction with Proposition 98 and the Gann limit. LAO and Department of Finance staff explained that Prop. 98 funding would not be changed directly, that the reserve deposits would be treated as exclusions from the appropriations limit, and that withdrawals would count when spent. Members asked about current reserve levels, mandatory deposits, and whether the measure would create more room for discretionary spending; supporters argued it would simply allow the state to save more in good years, while one member expressed concern that it could function as a slush fund and expand spending opportunities. Several members cited recent budget volatility, record revenues, and the need for stronger reserves, while others stressed that the measure should be understood as a future-oriented savings reform rather than a response to this year’s budget choices. Public testimony was uniformly supportive. California Forward, Elevate California, and the California Chamber of Commerce all backed the proposal, with the Chamber noting support for the policy and highlighting the importance of addressing unemployment insurance debt for small businesses. The chair concluded by thanking the authors, staff, and witnesses, and said ACA 20 was expected to move to the Assembly floor the next day.

Transcript Highlights:

• This supplemental appropriates $11,645,266 from the unappropriated balance of general revenue surplus
• appropriation, and $5,002,392 to a new special services surplus appropriation.
• , $5,2,392 to a new special services surplus appropriation.
• This supplemental appropriates $425,000 from the unappropriated balance of general revenue surplus to
• The bill then appropriates this amount to a new capital outlay and maintenance surplus appropriation

Keywords: 994, senate, all

Summary: The Senate considered and passed a series of House bills and one constitutional resolution, with several measures receiving title amendments and some taking effect immediately or on a specified date. Early action included moving House Bill 5438, concerning the foundation allowance for instructional programs, to the foot of third-reading bills. House Bill 5441, reforming the state personnel system, was amended with a Judiciary strike-and-insert technical fix, then passed 28-6 and was set to take effect July 1, 2026. House Bill 5462 on mine subsidence insurance passed unanimously, with a title amendment adopted. House Bill 5484, creating felony offenses related to denying medical treatment to sexual offense victims, also passed unanimously with a title amendment. House Bill 5515 modernizing workers’ compensation statutes passed unanimously with a title amendment, and House Bill 5527 establishing licensure and regulation for wellness reimbursement programs passed unanimously. House Bill 5528, protecting personal residential information of certain public officials, passed unanimously with a title amendment. The most extended debate centered on House Bill 5537, an education-related bill that was amended to add a child-protection provision later referred to as “Rayleigh’s law.” The amendment would bar approval of home instruction requests in certain child abuse or neglect cases until the Department of Human Services confirms the investigation is unfounded, closed, or not substantiated, or until 10 days pass without a response. Senators argued the measure was intended to protect children and not target homeschooling. After a point of order, the chair initially ruled the amended language not germane; that ruling was challenged and ultimately overruled by a 24-7 vote, allowing the amendment to remain. The bill then passed 24-7, and a title amendment was adopted. Other measures passed with little or no opposition. House Bill 5582 removed the sunset on the TANF applicant drug-screening program and passed 28-3 after a technical committee amendment. House Bill 5687 reduced the metallurgical coal severance tax over time and adjusted oil and gas tax allocations, passing 31-3. Several supplemental appropriations also passed and were made effective from passage, including funds for Homeland Security/corrections, the Adjutant General, Health, the State Road Fund, and Tourism/Culture and History. The Senate also adopted House Joint Resolution 42, which would place on the ballot a constitutional amendment increasing the homestead exemption from $20,000 to $40,000 and allowing future changes by general law. In second reading, the Senate advanced bills on workforce training reimbursements, aerospace and advanced manufacturing incentives, portable benefit accounts, literacy and science-of-reading training, school aid formula changes, and wedding venue regulation, with amendments adopted on several of them before advancement to third reading.

Transcript Highlights:

• So this floating surplus threshold creates a minor cost.
• So this floating surplus threshold creates a minor cost.
• So this floating surplus threshold creates a minor cost.
• So this floating surplus threshold creates a minor cost.
• The floating surplus threshold creates a minor cost.

Keywords: 1189, house, all

Summary: The committee first adopted amendment 2026-2021S to correct a drafting issue in the budget language so that the $2.5 million appropriation for Medicaid per diem rate stabilization at county nursing homes can be spent during the biennium rather than lapsing at the end of the fiscal year. Senator Lang explained that the funds are matched with federal dollars for a total of $5 million and are intended to prevent rate reductions that could shift costs to county property taxpayers. The amendment was adopted unanimously by both chambers, and the committee proceeded on the bill as amended by the Senate. The main discussion then focused on HB 155 and a proposed amendment to the business enterprise tax. The House proposal would lower the BET rate in stages when combined business tax revenues exceed certain thresholds, while the Senate opposed an immediate rate reduction and argued that tax changes should be handled in a budget year. Senators emphasized that raising the filing threshold to $375,000 had already removed about 3,500 small businesses from filing requirements, and they preferred further relief through threshold changes rather than rate cuts. House members argued that the trigger-based reduction was a reasonable, tested mechanism and would provide future tax relief without taking effect unless revenues rose enough. Members debated whether the trigger could be distorted by one-time revenue spikes, such as the recent tax amnesty receipts and prior federal repatriation-related revenue, and Representative Sweeney said he was willing to adjust the effective date or carve out amnesty revenue. The committee did not reach agreement on the BET reduction, and the chair called a break and then continued the meeting later with a new proposal to delay the trigger’s effective date to January 1, 2028. Senator Lang rejected that version but offered a counterproposal to raise the filing threshold to $400,000, and the parties ultimately agreed to continue discussions and reconvene later. The meeting also took up HB 1102, concerning the research and development tax credit and state park fees. The House position was to support the R&D tax credit but remove the park-fee provisions, citing testimony from the Department of Natural and Cultural Resources that it did not need the increase and concerns about discouraging tourism, especially at border parks. Supporters of the park-fee language argued that the department had not raised rates in years, could set its own rates, and should be able to charge nonresidents more while keeping New Hampshire residents’ fees lower. The discussion remained unresolved, with members debating the likely effect on tourism and fairness to residents versus the need for additional revenue.

Transcript Highlights:

• Overall, this legislation would spend $1.8 billion, $1.3 billion of which is surplus funds from the Fair
• A portion of the surplus goes into the reserve account for use in future rainy day funds.
• The surplus goes into the reserve account for use in future rainy day funds.
• Amendment 43's sole purpose is to set aside a portion of the surplus of the surtax revenue, at least
• ...to join me in voting yes on this amendment, which will deliver much-needed surplus funds equally

Keywords: 995, all

Summary: The House opened with the Pledge of Allegiance and received a resignation letter from Rep. Fana Howard of Lowell, effective March 17, 2026, as she transitioned to the Senate. The chamber then took up several procedural orders, including multiple unanimous or voice-vote suspensions of rules and concurrence with Senate petitions, such as referrals on housing and student transportation matters, and a suspension of Joint Rule 12 for a petition involving children served by DCF. The main substantive item was House No. 5264, a fiscal year 2026 supplemental appropriations bill totaling about $1.8 billion. Members discussed its use of Fair Share surtax surplus funds for transportation and education, including major support for the MBTA, special education circuit breaker costs, early education and child care, snow and ice costs, regional transit authorities, and other deficiencies such as GIC and sheriff costs. Members also explained the bill’s tax conformity provisions responding to recent federal tax changes, with debate over whether to delay conformity to limit state revenue exposure. The House adopted a consolidated amendment to the bill and then passed it to be engrossed by roll call vote, 150-3. The House also adopted a resolution commending the Admetek Foundation on Prostate Cancer Awareness Day. Several local bills were advanced, including a sick leave bank for a Department of Corrections employee, a bill waiving the minimum age requirement for a Boston police officer, a Nantucket charter bill, a Stoneham public safety bill, and a Malden special police officers bill, the last of which was amended before being engrossed. The chamber also considered Amendment 43 to redistribute $100 million of Fair Share revenue more evenly to municipalities for roads and education; supporters argued the current distribution favored statewide priorities over local aid, while opponents said the formula would not adequately address rural road needs. That amendment was rejected 128-25. The House then recessed several times, observed moments of silence for local public servants, welcomed visiting youth sports teams, and finally ordered adjournment to meet the next day at 11 a.m. in informal session.

Transcript Highlights:

• We have a surplus, a modest surplus, and I hope that we are very, very frugal in the session.
• We have a surplus,<00:11:53.279> a<00:11:53.519> modest<00:11:53.920> surplus,<00
• :11:54.800> and<00:11:55.040> I<00:11:55.200> hope surplus, a modest surplus, and
• I hope surplus, a modest surplus, and I hope that<00:11:55.760> we<00:11:56.399> are<00
• > carries<00:15:49.920> over Left unspent, the surplus carries over Left unspent, the surplus

Keywords: 918, senate, all

Summary: The program previewed the Minnesota Senate’s new session and featured interviews with Majority Leader Erin Murphy and Minority Leader Mark Johnson. Murphy said the DFL will focus on Capitol security, gun violence prevention, a supplemental budget, bonding/infrastructure, and continued anti-fraud work. She tied the session’s priorities to recent political violence and federal actions in Minnesota, and said she is working on legislation requiring federal agents to follow Minnesota’s rendering-aid law. She also said the Senate will pursue a bonding bill, likely a small supplemental budget bill, and additional fraud-related measures, including an independent inspector general proposal that stalled in the House. Murphy said the state’s November forecast showed a modest surplus but warned that federal policy changes could worsen the out-year budget outlook. She said the Senate would remain committed to balancing the budget and would not use infrastructure as leverage in negotiations. On fraud, she said the caucus has already passed multiple bills since 2023 and wants stronger enforcement, while expressing concern about prosecutorial capacity. She also emphasized a desire for bipartisan cooperation despite an election year and recent tragedy, saying senators should keep debates focused on policy and maintain working relationships. Johnson said Senate Republicans will emphasize fraud, affordability, infrastructure, and a broader approach to safety that includes mental health, school safety, and law enforcement training and equipment. He said the Senate has limited jurisdiction over the increased federal presence in Minnesota but can work on areas where bipartisan agreement is possible. He also said the session will be a bonding year, with attention to roads, bridges, water systems, and other capital projects, and noted that the governor’s proposed $97 million bonding bill is far below the roughly $6.5 billion in requests. On the budget, he said the legislature may have limited room to address the projected deficit this session, and he warned that retirements are changing the Senate’s makeup while also creating opportunities for new members and ideas.

Transcript Highlights:

• don't have a $19 million surplus don't have a $19 million surplus anymore.<00:40:01.760> It's
• big surplus in comparison. big surplus in comparison.
• <00:59:37.400> funding there is a when there is surplus funding there is a when there is surplus
• $19 billion surplus and we spent it all. $19 billion surplus and we spent it all.
• massive surplus. It's all gone. massive surplus. It's all gone.

Bills: HF4252

Keywords: higher education, student aid, financial aid, grant programs, scholarships, Office of Higher Education, Minnesota State, University of Minnesota, community college, technical college, postsecondary institution, college affordability, student fees, athletic facilities, competitive athletics, developmental education, remedial courses, pregnant students, parenting students, priority registration

Transcript Highlights:

• A surplus is, you know, it deals with things one way or the other, but it's a positive surplus.
• Surplus is, you know, it deals with things one way or the other, but it's a positive surplus.
• Surplus is, you know, it deals with things one way or the other, but it's a positive surplus.
• surplus, I think, is misleading.
• Chair, that surplus is spent.

Keywords: 1187, senate, all

Transcript Highlights:

• We have recognized challenges remain over the next four years, but we've grown the surplus.
• <00:02:18.160> We years, but we've grown the surplus.
• We years, but we've grown the surplus.
• <00:19:01.280> That's surplus and everything's fine.
• That's surplus and everything's fine.

Keywords: 919, house, all

Summary: The meeting centered on Minnesota’s budget outlook, with the governor and budget officials saying the state remains in a stronger fiscal position than expected despite national economic uncertainty. He emphasized that Minnesota has a surplus, historic rainy-day funds, and continued economic growth, and said the administration plans to continue budgeting over the horizon, using inflation assumptions and long-term planning to avoid abrupt cuts. He also defended last year’s budget compromises and said another budget proposal would be released early next year. A major theme was the governor’s criticism of President Trump and federal actions, which he said were creating economic chaos and harming Minnesotans. He condemned Trump’s comments about Somali Minnesotans and the state, called them racist and dangerous, and argued that elected officials should denounce such rhetoric. He also raised concerns about federal immigration enforcement operations in Minnesota, saying masked agents were causing fear and confusion and that state and local law enforcement lacked communication from federal authorities. The governor and commissioners also discussed fraud in state programs, saying the state has paused certain programs for 90 days and brought in independent forensic auditors to determine the scope of losses. He said the administration is using new stop-payment authority and referrals to the Bureau of Criminal Apprehension to prevent and prosecute fraud, while avoiding broad cuts to programs that help children, families, and vulnerable Minnesotans. In response to questions, he said the fraud total is not yet known, the audit should conclude around the end of January, and the state will use the findings to add safeguards and address program growth and health care cost pressures in the upcoming session.

Transcript Highlights:

• We've created record surplus growth in the economy through a downturn, through a global pandemic.
• <00:02:57.319> growth<00:02:57.599> in we've created record Surplus growth in we've
• created record Surplus growth in the<00:02:57.959> economy<00:02:58.720> through<00:02
• We're everything's fine, two billion-dollar surplus, everything's fine.
• We have a surplus. We have a $2 billion surplus.

Keywords: 1183, house

Transcript Highlights:

• So I'll quickly go through the surplus statement.
• statement we'll go make sure surplus statement we'll go make sure that<00:04:39.160> we<00:04
• I'll quickly go through the Surplus I'll quickly go through the Surplus statement<00:04:48.759><
• It includes surplus statements. You present that to the entire House next Tuesday.
• It includes surplus statements. You present that to the entire House next Tuesday.

Keywords: 928, house, all

Summary: The House Finance Committee met for final approval of HB 1 and HB 2, with legislative budget staff Michael Kain reviewing the final amendment documents and surplus statements. Kain explained that HB 1474H and HB 1484H incorporated the committee’s prior votes and the Governor’s recommended sections, and he walked through the budget math for the general fund, education trust fund, Highway Fund, and Fish and Game Fund. He said the committee’s proposal remained balanced overall, though the current-year general fund showed a projected deficit that HB 2 would address by allowing a possible rainy day fund transfer if needed. He also noted that the committee’s revenue estimates were below the Governor’s, requiring reductions and adjustments to appropriations and lapse assumptions. Members discussed the rainy day fund provisions, including a section in HB 2 that suspends existing restrictions so a transfer can be made if the deficit materializes. Kain said the committee’s approach differed from the Governor’s because the state was not below the overall revenue plan, and the fiscal committee would retain a role in determining any transfer. He also summarized that the Highway Fund would end with about a $13 million balance and Fish and Game with about $3 million, both without additional general fund support. The committee then adopted two amendments to HB 2 unanimously: Amendment 1473H, a technical cleanup to the Group 2 retirement seven-year rule, and Amendment 1482H, a technical correction to the recreational services language. Amendment 1484H, which incorporated those changes into HB 2, was adopted on a 14-1 vote after minority members objected to the bill’s broader cuts and policy changes, including reductions to state agencies, health and human services, and education-related provisions. The committee also adopted Amendment 1474H to HB 1A on a 14-1 vote after similar debate over budget reductions, vacancies, university funding, and school spending limits. Finally, the committee voted 14-1 to report HB 1A and HB 2 as amended as ought to pass, with the minority voting no and the committee planning a full House presentation the following week.

Transcript Highlights:

• <00:37:35.040> So billion surplus anymore. It's gone. So billion surplus anymore.
• if there is a surplus if there's surplus<00:57:54.319> funding<00:57:54.640> available
• <00:57:55.440> rather<00:57:55.839> than surplus funding available rather than surplus
• We spent this massive surplus.
• , on the balance, if there is a surplus, on the balance, if there is a surplus, then<01:03:17.200

Keywords: 919, house, all

Summary: The committee took up House File 4252 and first heard a walkthrough of a DE2 amendment that largely incorporated Office of Higher Education technical and statutory cleanup items, including reporting consolidations, updates to postsecondary registration and licensing statutes, and an anti-fraud provision. New provisions in the DE2 would require public postsecondary institutions to explain developmental courses before enrollment and obtain a written acknowledgement, revise the state grant tuition cap, add a $1.5 million ongoing appropriation in FY 2027 for an identity verification system to combat enrollment fraud, and provide $5,000 one-time funding for reforestation at Bemidji State University. Fiscal staff also noted additional special revenue fund revenue and expenditures tied to licensing and registration litigation response. The main debate centered on the A8 amendment offered by Representative Rarick, which would require the governor to appoint University of Minnesota regents only from candidates recommended by the joint legislative committee if the legislature fails to elect regents. Rarick argued the amendment was needed to address what he described as conflicts of interest and pay-to-play concerns in recent gubernatorial appointments. Several members questioned whether the language was constitutional, whether it actually addressed conflicts of interest, and whether it should instead refer to ARCAC-screened or ARCAC-recommended candidates. Nonpartisan staff said the governor’s appointment power is addressed in the university charter, not directly in the constitution, but could not definitively assess constitutionality if challenged. Members were divided: some supported the goal of cleaner governance but said the amendment was not ready or did not match the problem being described; others argued the legislature had failed to complete its own regent appointments and that the amendment was a response to that failure. No vote on the A8 amendment or the bill was reached in the portion provided, though a roll call was requested on the amendment and the chair indicated the bill would continue through amendment consideration before final discussion and vote.

Transcript Highlights:

• <00:15:01.360> I'm<00:15:01.680> actually through surplus lines?
• I'm actually through surplus lines?
• surplus lines coverage. surplus lines coverage.
• <00:30:41.279> lines cheaper coverage than surplus lines cheaper coverage than surplus lines
• higher than excess and surplus line higher than excess and surplus line rates<01:33:21.440> for

Keywords: 912, senate, all

Transcript Highlights:

• In the surplus lines market, it's different.
• Surplus lines is historically, if you go back to surplus lines, it's kind of the origination of insurance
• You wouldn't necessarily want to see a mass-market approach to the surplus lines.
• Most surplus lines carriers would not probably be interested in that.
• It's more like a surplus lines entity, and its rates and forms are not regulated.

Summary: The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes. Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure. In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.

Transcript Highlights:

• First, a surplus lines?
• Surplus lines on the other hand is not fully regulated by the office.
• The idea behind it at that if you look at the long history of insurance is that the the surplus lines
• You would go to the surplus lines market and you would negotiate with the insurer with the appropriate
• You see that increase there in the in the light blue of the size of the surplus lines market.

Transcript Highlights:

• I'm happy to report that there is a road fund surplus for FY25.
• adding $12.8 million to the surplus. adding $12.8 million to the surplus.
• And there were some closed surplus.
• The total for million to the surplus.
• is $61.6 the road fund surplus account is $61.6 million.

Keywords: 00:32 Call to Order and Roll Call 02:30 Road Fund Report 17:22 Approval of Minutes 18:07 High Growth Counties Projects 56:00 Adjournment, 958, all

Summary: The Budget Review Subcommittee for Transportation met without a quorum at first, then later approved the July 15 minutes by voice vote after quorum was reached. The committee heard an update from the Transportation Cabinet on the road fund for FY 2024-25. Cabinet staff reported road fund revenue came in $38.5 million above the enacted estimate, with motor vehicle usage tax receipts setting an all-time high for the fifth straight year. Motor fuels tax revenue was below estimate and down from the prior year, while overall road fund collections totaled $1.86 billion, essentially flat year over year. Staff said the road fund ended FY25 with a $61.6 million surplus, which under the budget bill must be appropriated to state construction. Members discussed the gas tax formula, with Senator Higdon arguing it no longer works well because revenues fall when fuel prices fall, and the chair noting the committee may need to revisit the formula. The committee then received an update on High Growth County projects in the 2024 highway plan. KYTC said $16 million in HGC authorizations had been made, nine projects already had construction funds authorized or were otherwise underway, 12 more were scheduled to be let by the end of 2025 with estimated construction costs above $250 million, and one additional project was expected to be awarded through alternative delivery. The cabinet said it anticipated authorizing the full $450 million appropriated by the General Assembly. Members praised the effort and emphasized the need to get projects to market before the next budget cycle. Jason Sala of KYTC also explained why transportation projects take time, citing planning, design, right-of-way acquisition, and utility relocation as major steps that can delay delivery. He said these processes are complex and require coordination with property owners, utilities, consultants, contractors, and local governments. Eric Pelfrey then briefed the committee on professional and personal service contracts, saying they are used to expand cabinet capacity for design, inspections, right-of-way appraisal, safety, and related work. He reported that authorizations and payments for these contracts have trended upward over the past decade, and that the number of contracts has also increased. In response to questions, Pelfrey said design-build can speed some projects by overlapping steps, but it does not eliminate right-of-way or utility work when those are required; he said KYTC has been using alternative delivery more often, but project complexity still limits how quickly work can move.

Transcript Highlights:

• The next three pages are the surplus statements. You notice I do have draft watermarks on here.
• The next three pages are the surplus statements. I do have draft watermarks on here.
• The next three pages are the surplus statements. I do have draft watermarks on here.
• The next three pages are the surplus statements. I do have draft watermarks on here.
• The next three pages are the surplus statements. I do have draft watermarks on here.

Keywords: 928, house, all

Summary: The committee first considered an amendment to add a new “Lakes” license plate to HB 2, with proceeds directed to the cyanobacteria fund for lake cleanup. Representative McGuire said the bill had already passed on consent and asked that it be included in HB 2; members discussed that it had also gone to the Senate. The motion to adopt the amendment failed on a 7-8 vote. The committee then took up an amendment imposing a 5% administrative fee on certain dedicated funds, with several exemptions for funds that could not legally or appropriately be charged, such as those involving federal money or bequests. Supporters said it would make the treatment of dedicated funds more consistent and raise roughly $31 million over the biennium for the general fund, while opponents questioned the number of carve-outs and who currently pays the administrative costs. The amendment failed on a 4-5 vote. Next, the committee reconsidered and then adopted an amendment changing the distribution of business profits tax and business enterprise tax revenue, reducing the share going to the Education Trust Fund from 41% to 30% and increasing the General Fund share. Supporters argued the Senate had overfunded the Education Trust Fund and that the change would help balance the budget without changing education spending levels; opponents said they could not support taking money from the Education Trust Fund. The amendment passed 5-3. The committee also adopted, by the same 5-3 margin, an amendment incorporating HB 741 language on open enrollment and student attendance in public schools, with supporters calling it House policy and opponents noting it had been a close, partly partisan vote in the House. Finally, the committee considered a change to the University System of New Hampshire budget that would reduce general fund appropriations by $40 million per year, offset in part by $15 million in previously approved unique dollars for a net reduction of $25 million per year. Supporters said the cut was necessary to balance the budget and that other options had been exhausted; opponents called it harmful to the university system and argued the committee should instead look to other areas, including education freedom accounts, for savings. The discussion continued, but the transcript excerpt ends before a final vote on the UNH item.

Transcript Highlights:

• A record surplus that was spent and taxes and fees on all Minnesotans was raised another $10 billion.
• <00:02:40.239> A a record surplus just two years ago.
• A a record surplus just two years ago.
• A record<00:02:40.800> surplus<00:02:41.519> that<00:02:41.760> was<00:02:41.920
• > spent<00:02:42.480> and<00:02:42.720> taxes record surplus that was spent and

Keywords: 1183, house

Transcript Highlights:

• We have, you know, obviously we have the surplus, et cetera, et cetera.
• We had $574 million in bonding capacity added, plus 18.9% of surplus.
• We're giving you a starting point of $18 million plus some surplus money.
• And you did use half of the surplus cash, and you've left half the surplus cash for us to use as well
• Now, it’s not the case because a lot of these projects also had prior surplus dollars and stuff,...

Bills: HB2, HB3, HB799, HB1039

Keywords: capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, boiler safety, inspection, licensing, state fire marshal, operating certificate, regulations, local sales tax, local use tax, sales and use tax, tax audit, local collector