Video & Transcript Research : 'foreclosure surplus'
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NH
New Hampshire 2025 Regular Session
House Finance Division II (03/28/2025)
Transcript Highlights:
- They made it 44%, even more than the governor, and it left us with a big surplus that we couldn't use
- that we couldn't was anywhere Surplus that we couldn't was anywhere else<00:15:59.680>
in <00: - The next three pages are the surplus statements. You’ll notice I do have draft watermarks on here.
- it starts to House Bill 2 and surplus it starts to House Bill 2 and surplus statement<01:01:57.359
- you the next three pages are the Surplus you the next three pages are the Surplus statements<01:
Summary:
The House Finance Division II work session considered several amendments to HB 2. The first two items were rejected: a proposal to add a new “Lakes” license plate with proceeds to the cyanobacteria fund failed 7-8, and Amendment 1040, which would have imposed a 5% administrative fee on certain dedicated funds to raise general fund revenue, failed 4-5. Representative Maguire explained the fee would apply only to new revenue going forward and would not change existing fund balances; he also described exemptions for federal funds, bequests, and other special cases. Representative Murray questioned the consistency of the approach and who currently pays administrative costs, while Maguire said the charges are often handled case-by-case by agencies or the treasurer.
The committee then revisited revenue distribution changes in HB 2. Members first reconsidered and reversed prior acceptance of sections affecting the Education Trust Fund, then adopted Amendment 1381H, which changes the distribution of business profits tax and business enterprise tax revenue, along with related sections, to shift more money to the General Fund. Supporters argued the change was needed to address revenue shortfalls and to align with historical distributions; opponents said it reduced support for education. The reconsideration motion passed 7-3, and the amendment itself passed 5-3.
The committee also adopted Amendment 1413H, incorporating the language of HB 741 on open enrollment and student attendance in public schools. Supporters said it was House policy and had sufficient policy and fiscal impact to belong in HB 2; opponents noted the underlying bill had been controversial and passed the House by a relatively close margin. Finally, the committee considered a USNH budget reduction proposal that would cut the University System of New Hampshire by $25 million per year net. Supporters said the cut was necessary to balance the budget and that K-12 obligations had to take priority, while opponents argued the cut would harm workforce development, the state economy, and student retention. The transcript cuts off during extended debate, and no final vote on the USNH item is shown in the provided text.
FL
Florida 2026 Regular Session
Joint Legislative Budget Commission Apr 17th, 2026
Transcript Highlights:
- This budget amendment places an overall surplus of $32.1 million into reserve in multiple appropriation
- The main driver of the surplus is declining caseloads. Follow-up, Representative Tant. Thank you.”
- Meyer, I was curious: what is driving, or what is predominantly responsible for that $32 million in surplus
- If we actually implemented what the law that this legislature passed, would that take all the surplus
- This budget amendment also places an overall surplus of $376 million into reserve to conform to the overall
Summary:
The Legislative Budget Commission considered 21 budget amendments, most of them routine authority adjustments tied to federal grants, Medicaid payment programs, and trust fund realignments. The Department of Education received $14.751 million for a Preschool Development Grant to support early learning system improvements, workforce credentialing and training, IT modernization, and related early childhood certification work. The Department of Veterans Affairs shifted $2.2 million within its trust fund to cover higher nursing home occupancy, replace contract nursing with OPS staff, and meet rising operating costs. The Department of Health moved about $9.1 million to support Disability Determinations, where roughly 140,000 cases were pending or in process, and said the change would help reduce backlog and avoid a deficit. The Agency for Health Care Administration presented multiple amendments for Medicaid-related programs, including $766 million for indirect medical education, $1.9 million for managed care network adequacy audits, $209 million for the Rural Health Transformation Program, and several large supplemental payment programs for hospitals and physicians; members asked about CMS approval delays, provider access, and how rural funds would be distributed. The commission also adopted an amendment realigning KidCare funds, placing a $32.1 million surplus into reserve, though several members objected that the state had not yet implemented the 2023 KidCare expansion and that children remained on a wait list. Another Medicaid amendment placed a $376 million surplus into reserve after updated estimating conference projections.
Other agencies also received approvals. FDLE received $16.26 million to buy counter-unmanned aircraft systems equipment such as radar and RF sensors to detect and mitigate drone threats. The Department of Juvenile Justice received $1.6 million for the Florida Scholars Academy and a Social Services Block Grant realignment, with staff confirming corrective action had been taken after prior audit findings about allowable SSBG spending. The Division of Emergency Management received federal pass-through authority for FIFA World Cup security and counter-UAS funds, both controlled by the Miami host committee, and members noted the state had little direct oversight over how those local grants would be used. The Department of Commerce received $148.4 million for Community Development Block Grant Disaster Recovery work, with questions focused on the split between housing, infrastructure, and administrative costs. The Department of State received $408,377 for arts and culture federal grant obligations. All amendments were adopted, generally without objection, after brief questioning and no public testimony.
NH
New Hampshire 2025 Regular Session
House Finance Division II (01/16/2025)
Transcript Highlights:
- And then, speaking of by fund, the next three pages of this packet are, we'll call them surplus statements
- And then, speaking of by fund, the next three pages of this packet are, we'll call them surplus statements
- The next three pages of this packet are, we'll call them surplus statements of the Education Trust Fund
- Uh, well, I actually have an example of the Fish and Game surplus statement here in a couple pages.
- Uh, well, I actually have an example of the Fish and Game surplus statement here in a couple pages.
Summary:
The meeting was an introductory House Finance Division Two session focused on committee procedures, staffing, and the upcoming budget process. Mickey Landrian, the division analyst, introduced himself and explained that the subcommittee operates more informally than the full committee, does not hold executive sessions or public hearings itself, and makes recommendations back to House Finance. Members were told that public hearings on legislation occur in the full committee, while Division Two will hold work sessions and vote on recommendations such as ought to pass, retain, or ITL. The chair also welcomed new members and a new clerk, and noted that meetings will be recorded and streamed, with microphones required for audio capture.
A substantial portion of the meeting covered the division’s workload and schedule. Landrian outlined the agencies assigned to Division Two, including Safety, Fish and Game, Transportation, Education, the Lottery Commission, Police Standards and Training, the University System, and the Community College System. He explained the different fund types the division will handle, especially Education Trust Fund, Highway Fund, and Fish and Game Fund, and reviewed reference materials distributed to members, including agency budget requests, prior recommendation tracking sheets, and surplus statements. He emphasized that the agency budget requests and related handouts are available online and useful for members to review before budget work begins.
Members discussed the compressed timeline for the session, with a target date of March 26 for completing Division Two recommendations. Landrian said only a few bills had been referred to Finance so far, none yet to Division Two, but that more bills and amendments were expected, including many amendments to House Bill 2. He noted that the committee would need to move efficiently and frontload meetings. Representative Papich added that Fish and Game may require closer scrutiny than in prior years because of its push for direct general fund appropriations, and members also discussed the importance of getting preliminary budget documents before the governor’s budget is finalized. No votes were taken and no formal actions were reported beyond the procedural overview and distribution of materials.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 4th, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- The surplus lines market, on the other hand, is almost the exact opposite.
- In this case, in the surplus lines market, you have an entirely different mechanism in place.
- In the surplus lines space, there is actually almost no capping of fees whatsoever.
- In the surplus lines space, it was actually deregulated a number of years ago by the Legislature, and
- And number two, 40% of the commercial market is already written by surplus lines right now, 40%.
Bills:
S0302, S0394, S0480, S0546, S0636, S0774, S0796, S1028, S1050, S1066, S1120, S1230, S1288, S1682
Keywords:
cybersecurity, information technology, data management, local government compliance, cloud services, state agency oversight, integrated governance, conservation lands, land exchange, state-owned land, Acquisition and Restoration Council, Florida water management, environmental protection, beach management, beach erosion, beach nourishment, coastal resilience, shoreline protection, critical erosion, critically eroded beach
Summary:
The committee heard and advanced several bills, beginning with CS/SB 796, which would create Veterinary Professional Associates as a new supervised veterinary role, expand telehealth prescription timeframes, and set training and scope limits. Supporters said it would improve access to care, lower costs, and create a career path, while opponents argued the proposal lacked a clear regulatory framework, could create liability and federal-law conflicts, and would not address the real shortage in rural large-animal practice. After debate, the committee reported the bill favorably.
Members also heard and favorably reported SB 1682 on local authority over derelict and abandoned vessels, CS/SB 1028 on a commercial Citizens clearinghouse for property insurance, SB 394 on exempting certain reinsurance underwriting managers from licensing, SB 636 on beach management and erosion designations, CS/SB 546 on public notice for conservation land sales or exchanges, CS/SB 302 on Biscayne Bay nature-based solutions and related coastal resiliency provisions, SB 1050 on pharmacy choice for pet medications, and SB 774 extending workers’ compensation benefits to 911 public safety telecommunicators for mental and nervous injuries. Testimony on these bills generally focused on access, regulatory clarity, environmental protection, or workforce support, with some concerns raised on insurance consumer protections and beach-management language.
Senator Harrell’s bills were also taken up and reported favorably: CS/SB 480, a major overhaul of state IT governance creating DIGIT and new procurement, reporting, and workforce structures; CS/SB 1230, restricting PFAS-containing firefighting foam and adding testing, inventory, and disposal requirements; and CS/SB 1288, a naming bill designating the Andrew Red Harris Shoal and requiring markers. Finally, the committee heard extensive testimony on SB 1066 regarding restoration of the Oklawaha/Rodman system, with supporters emphasizing ecological restoration, flood-risk reduction, and economic benefits, and opponents warning about local impacts, water quality, and the loss of a world-class fishery. The transcript ends during testimony on that bill, before final action is shown.
FL
Florida 2026 Regular Session
Joint Administrative Procedures Committee Mar 31st, 2025
Transcript Highlights:
- tracking system contains land data such as what is owned, leased, disposed, otherwise occupied, and surplus
- This component also provides facility lease information. ...surplus.
- This component also provides facility lease information and surplus property data for state lands and
- It also provides details on facility leases and surplus property data for both lands and facilities.
- It also provides details on facility leases and surplus property data for both lands and facilities.
Summary:
The Joint Administrative Procedures Committee reviewed several agency rules and objections under Chapter 120. First, the committee revisited prior objections to Agency for Health Care Administration rules containing sunset provisions. AHCA’s general counsel said the agency amended 26 of the objected rules but declined to amend five others, arguing sunset provisions are lawful, are not themselves rules, and were consistent with a 2019 gubernatorial directive. Committee members questioned that position, especially for licensing and certificate-of-need rules, and urged the agency to consider legislative changes; no formal action was taken on that item during the discussion.
The committee then considered an objection to Department of Management Services Rule 60G-1.001 defining the Governor’s Mansion grounds. Committee staff argued the rule is vague and improperly refers to future land acquisitions without updating the rule since 1998. DMS defended the rule as a general definition tied to publicly recorded property and a master lease, but said it would not object if the Legislature chose to codify the definition in statute. After discussion, the committee voted to file the objection.
Members also received informational updates from the Department of Environmental Protection on the Solaris state lands inventory system, and from the Florida Gaming Control Commission on its response to the Tampa Bay Downs unadopted-rule litigation, in which the commission said it has stopped relying on the prior tax interpretation and will not promulgate a rule on that issue. The Department of Business and Professional Regulation said it would remove an unsupported cigar wholesale dealer permit reference, repeal an obsolete excise-tax deduction rule, and amend penalty guidelines and an affirmation in its alcohol, beverage, and tobacco rules. Finally, the Division of Administrative Hearings’ interim director discussed case-processing times, possible changes to ALJ status, and whether the Florida Rules of Evidence should apply in administrative proceedings, emphasizing the need to weigh costs, independence, and impacts on pro se litigants. The chair noted this was likely the committee’s final meeting of the year.
FL
Transcript Highlights:
- He said the agent can explain the policy, including that surplus lines do not have FIGA backing and are
- He emphasized that this is a voluntary process and that agents explain surplus lines coverage and its
- If the agent cannot find something in the admitted market, they can then explore surplus lines through
- He explained that if an agent identifies a policy through a broker in the surplus lines market, they
- Murphy said rates are going down across the board, including in surplus lines and the admitted market
Keywords:
injunctions, protection orders, domestic violence, serious violence, court procedures, enforcement, risk protection, statewide communication system, pediatric care, emergency departments, hospital regulations, patient safety, health care standards, public records, violence protection, confidentiality, defamation, specialty license plate, specialty plates, motor vehicle registration
Summary:
The Committee on Fiscal Policy met and reported a series of bills favorably, covering health care, public safety, insurance, coastal resilience, juvenile justice, drowning prevention, transportation designations, and beach management. Senator Harrell presented CS/SB 68, requiring hospitals with emergency departments to adopt pediatric emergency care policies, training, designated pediatric readiness personnel, and participation in a national readiness assessment; it passed. Harrell also presented CS/SB 340, requiring nursing students to complete two hours of human trafficking identification training before licensure; it also passed. Senator Sharif’s CS/SB 32 and SB 210, creating a new injunction for protection against serious violence by a known person and the related public records bill, were both reported favorably. Senator Garcia’s CS/CS/SB 302 on nature-based coastal resiliency, Senator Jones’s SB 418 on law enforcement interaction with individuals with autism and the Blue Envelope Program, and Senator Martin’s CS/SB 1734 updating juvenile probation and detention officer definitions and related cost-share language were also approved.
The committee then took up several drowning-prevention measures. CS/SB 606 by Senator Smith would add drowning prevention and safe bathing education to postpartum materials and direct the Department of Health to create standardized materials; an amendment removed a records-retention requirement, and the bill passed. SB 428 by Senator Yarborough would expand the state swim lesson voucher program from children ages 0-4 to ages 1-7; it received strong support from advocates, including a young swim instructor and autism advocates, and passed. The committee also approved CS/SB 246, a specialty license plate bill that was amended to include the UFC plate and a First Responders’ Resiliency Foundation plate, and CS/SB 1028, which revises Citizens Property Insurance and clearinghouse procedures to prioritize admitted carriers and prohibit public funds for the clearinghouse; that bill drew discussion about market competition, Citizens’ exposure, and potential impacts on policyholders.
Additional measures reported favorably included SB 628, designating a portion of South Navy Boulevard in Pensacola as Warrior Sacrifice Way to honor the sailors killed in the 2019 Naval Air Station Pensacola attack, and CS/SB 636 on beach management, which would create a proactive pathway for coastal communities to obtain erosion-related designations and align with federal programs. Beach industry testimony supported the bill’s intent but raised concerns about perpetual easements and funding shortfalls. At the end of the meeting, members recorded additional votes on selected bills, and the committee adjourned.
WV
West Virginia 2026 Regular Session
Senate in Session Mar 13th, 2026 at 01:31 pm
West Virginia Senate Floor Meeting
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.
- The 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.
- This supplemental appropriates $4,000,000 from the unappropriated balance of general revenue surplus
Summary:
The Senate considered and passed a series of House bills on third reading, with several title amendments and a few effective-date motions adopted. Early in the session, members passed HB 4452 removing acreage limits on land owned by church or religious trustees, HB 4577 creating reciprocal driver’s license recognition agreements with Ireland and Japan, HB 4588 authorizing West Virginia participation in a federal tax credit scholarship program, and HB 4592 requiring higher education institutions to create coordinated campus safety maps. HB 4602 was amended to align with a prior Senate child welfare pilot program, and members discussed its projected cost and implementation timeline before passing it. HB 4603 created a pre-adjudicatory alternative disposition process in abuse and neglect cases, and HB 4606 narrowed bail rules by requiring consideration of residency and community ties while prohibiting personal recognizance bonds for violent felony offenses after an adopted amendment.
The Senate also passed HB 4710 changing the party-registration deadline for candidates from 60 to 180 days before an election, with debate over its impact on independents, and made it effective January 1, 2027. HB 4712, known as Bailey’s Law, increased penalties for DUI causing death and related conduct, with emotional testimony from members about the victim and similar tragedies. HB 4765 established a pay raise for teachers, school personnel, and state police and added a market-pay enhancement system based on county cost-of-living differences; an amendment to the amendment capped county differentials and guaranteed at least a 1% increase in every county. HB 4865 created an optional program for high school and homeschool students to serve as election official trainees, and HB 4869 established narrow guaranteed-issue rights for Medicare supplement policies.
Later bills included HB 4995, which strengthened video/audio recording rules in special education classrooms and was passed, then reconsidered and passed again; HB 4996 creating a new crime for making threats of violence against schools or children; HB 5048 guaranteeing virtual instruction for foster children in temporary placement; HB 5065 adding recordkeeping and geolocation requirements for hotel marketplace facilitators to ensure proper hotel tax remittance; and HB 5074 reallocating medical cannabis fund revenues to child protection, homeless services, research, law enforcement, and other purposes. The Senate also passed HB 5101, the Joanna Phillips Domestic Violence Prevention Act, which increased penalties for domestic violence offenses and adjusted bail provisions, after amending it to conform with the earlier bail bill. Additional measures passed included HB 5166 requiring notice before political committees are fined for filing violations and allowing limited extensions, HB 5168 directing $12 million in lottery funds to EMS first responders and county EMS support, HB 5182 authorizing certain state treasurer security personnel to carry concealed firearms, HB 5212 streamlining higher-education financial aid rules, HB 5214 allowing court-ordered drug testing of parents before reunification in abuse and neglect cases, HB 5353 regulating virtual currency kiosks with licensing, disclosures, and transaction limits, and HB 5366 exempting J-LAP records from FOIA to protect confidentiality for lawyers and judges seeking assistance. Most bills passed with strong bipartisan support, though HB 5074 and HB 5353 drew some dissenting votes.
MN
Minnesota 2025-2026 Regular Session
House Republican Press Conference 1/6/25
Transcript Highlights:
- I want to remind you, you watched an $18 billion surplus be spent.
- Democrats over the last two years did the exact opposite thing again, spending an $18 billion surplus
- I want to remind you, you watched an $18 billion surplus be spent.
- You watched an $18 billion surplus be spent.
- Democrats over the last two years did the exact opposite thing again, spending an $18 billion surplus
Summary:
House Republican leaders, led by Speaker-designate Lisa Demuth and Majority Leader Harry Niska, outlined their priorities for the upcoming Minnesota House session and said they intend to use an organizational majority to advance their agenda. They said their focus will be on stopping fraud, making government more accountable, reducing taxes and fees, and addressing affordability, energy costs, public safety, education, and permitting reform. Specific proposals mentioned included repealing the tax on Social Security benefits, rolling back automatic gas tax increases, repealing the nuclear moratorium, and changing state programs they said should be limited to people in the country legally.
A central theme was the creation of a new House committee on fraud and agency oversight, which Republicans said will have subpoena power and be chaired by Rep. Kristin Robbins. They said the committee will investigate known fraud, review agency internal controls, and press agencies for information on staffing, office space, and cost savings. Rep. Jim Nash also described a proposed “fraud note” scoring system to rate agencies on whether they have implemented Office of the Auditor’s recommendations, with the goal of informing appropriations decisions.
On education and public safety, Niska said Republicans want fewer mandates and higher standards in schools, citing low reading and math proficiency, and leaders said they want stronger accountability for repeat and juvenile offenders. They also said they expect committee chairs to be Republican, may reduce Democratic committee seats if Democrats do not show up, and are not planning a power-sharing agreement unless the chamber returns to a true tie. They discussed the pending court case involving Rep. Brad Tabke, a possible recall process for absent legislators, remote voting rules, and a special election timeline, while insisting they expect Democrats to appear on the first day of session and that they will proceed with organizing the House and electing a speaker on January 14.
HI
Transcript Highlights:
- What is the timing of you know surplus?
- So, the the continuation of the surplus.
- We we have a surplus. Right. We we have a surplus.
- revenue, how do you spend your surplus? revenue, how do you spend your surplus?
- surplus surplus uh<00:49:03.839>
was <00:49:04.240>created, <00:49:05.119>but <00
WY
Transcript Highlights:
- we deal with at surplus.
- employees that work for surplus. employees that work for surplus.
- furniture anymore, it'll go to surplus furniture anymore, it'll go to surplus and<02:28:13.120><
- surplus in that too. Okay. surplus in that too. Okay. >> Follow. >> Follow.
- a surplus balance? a surplus balance? >> Mr.<02:34:51.760>
chairman.
NH
New Hampshire 2025 Regular Session
Joint Committee on Dedicated Funds (09/24/2025)
Transcript Highlights:
- . >> Um, page six, the surplus distribution fund.
- >> No. >> Okay. >> Um, page six, the surplus distribution fund.
- uh revol you talks about a a surplus uh revol you know<00:54:23.440>
surplus <00:54:23.839> - So that that way and the food surplus.
- You had a surplus food very similar.
Summary:
The meeting began with approval of partial minutes, with members noting that DHS/HHS material was not yet included and that the minutes would be finalized later. The committee then heard from the General Court about several dedicated funds. Testimony explained the Joint Legislative Historical Fund, which receives a $25,000 annual general fund appropriation and transfers from visitor center sales above a $50,000 threshold, and is used for portrait maintenance, chamber work, Hall of Flags upkeep, and other historical preservation needs. Members also discussed the preservation of the Civil War flags in the Hall of Flags, with the General Court stating the flags are monitored through annual high-definition photos and that no immediate stabilization project is planned. A question about Union cemeteries was raised but the witness said he had no knowledge of federal funding for them.
The committee also reviewed the visitor center revolving fund and noted that the accounting presentation is confusing because transfers are netted out so the fund ends each year at $50,000. Members suggested the narrative should clearly identify the transfer amounts and actual revenue, and staff agreed to note that in future reporting. The General Court then described its special legislative account as a stability reserve for capital and emergency needs, citing past uses such as the plaza ADA renovation, the legislative parking garage, and moving operations to One Granite Place. Members asked about interest earnings and were told the account is held in the treasury and any interest goes to the general fund unless statute directs otherwise; no additional funding was recommended at this time.
The Department of Administrative Services then presented the law enforcement memorial fund, explaining it is a long-standing leftover construction fund with a small balance that has not been needed because the New Hampshire Law Enforcement Memorial Officers Association privately funds memorial upkeep and plaques. Members discussed whether the state should transfer the remaining money to the nonprofit, but no decision was made; the department said it would research whether such a transfer is legally possible. The department also reviewed the former land conservation endowment fund, now moving to Fish and Game under House Bill 2, and explained that it primarily covers administrative costs, management fees, and investment losses for a long-term conservation program. Members asked about the fund’s large balance and the increase in expenses, and were told the fund is intended to last indefinitely and that future reporting will shift to Fish and Game.
MN
Minnesota 2025-2026 Regular Session
Housing committee debates emergency rental assistance bill 2/18/26
Transcript Highlights:
- However, with that said, we've just come off of an $18 billion surplus that disappeared during 2023.
- However, with that said, we've just come off of an $18 billion surplus that disappeared during 2023.
- But this this Off of an $18 billion surplus that disappeared during 2023.
- and we have in billion dollar surplus and we have in the<00:37:11.520>
last <00:37:11.760> - <00:42:16.400>
27 actually a surplus and that the 27 actually a surplus and that the 27 fiscal
Summary:
The committee took up House File 3403, authored by Vice Chair Rep. Kazowski, and first adopted an A1 amendment. The amendment made technical and implementation changes recommended by the Department of Revenue, allowed a small portion of funds for county and tribal administrative costs, and clarified timing and reporting for spent and unspent funds. After the amendment was adopted, the bill was moved to Ways and Means.
Rep. Kazowski described HF 3403 as a $50 million emergency rental assistance measure to help stabilize households facing eviction, with $44 million directed to counties and $6 million reserved for tribal nations, administered through the Department of Revenue using the existing local homeless prevention aid formula. Supporters said the bill would provide immediate, targeted help to renters and landlords, prevent evictions, and reduce downstream costs to shelters, schools, employers, and health systems. Several testifiers, including representatives from Greater Twin Cities United Way, St. Louis County, Hennepin County, Minneapolis, social workers, a resident, and tribal housing leaders, said local resources were insufficient to meet rising need and emphasized the impact of federal immigration enforcement and related economic disruption on families, workers, and communities.
Testimony highlighted sharp increases in rental assistance requests, rising eviction filings, depleted county funds, and the strain on nonprofit and mutual aid efforts. County and city officials said emergency rental assistance and related legal services had already prevented thousands of evictions, but current funding was not enough. Tribal testimony stressed disproportionate homelessness among Native Americans and supported the bill’s tribal allocation. During member discussion, Rep. Amani Hiltsley said the bill was an economic stabilization tool and requested a roll call vote, noting safeguards against fraud and the broader costs of inaction.
TX
Transcript Highlights:
- Okay so we're really chipping away at that so-called surplus.
- So, part of this surplus...
- So effectively a surplus.
- Because we've got the surplus I'm looking at right here, 23.76.
- I know the surplus number.
Keywords:
budget, House Bill 1, public education, healthcare, border security, federal funding, spending limits
Summary:
The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.
TX
Transcript Highlights:
- It varies year to year depending on our surplus revenue. and how we operated the previous year.
- I would say last year, the surplus revenue transfer was 194. Yes, sir. 194 million? Yes, sir.
- And then, whatever's remaining is subject to a surplus transfer.
- So how do you have a 200 million dollar surplus but a multi-billion? $15 debt. Yeah.
- Surplus means I don't have debt. I think you all need to re-evaluate that.
TX
Transcript Highlights:
- From the 23 to 25, we still have a surplus but part of it is it safe to say that part of that surplus
- So, part of this surplus, vast majority of the surplus, The majority of the surplus for this buy-in is
- So effectively a surplus.
- We've got the surplus I'm looking at right here, 23.76.
- I know the surplus number.
MN
Minnesota 2025 1st Special Session
Legislating Legacy - Senator Foung Hawj Jun 9th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- Well, I have to thank the surplus that we gathered, you know, several years ago, and uh our amenity here
- strictly into the legacy omnibus bill, although there's one article about park, but there's other surplus
- <00:03:23.200>
that <00:03:23.440>we have to thank the the surplus that we have to - thank the the surplus that we gathered,<00:03:24.480>
you <00:03:24.640>know, <00:03:25.040 - uh in the environment committee surplus uh in the environment committee that<00:03:58.400>
we
TX
Transcript Highlights:
- When we are able, with a surplus or available revenue, we have been able to pay our teachers more, and
- Now that we have a surplus, what's different about this bill is that the teacher pay increases for the
- Example: a very, very large percentage of our surplus to go to our public schools and our teachers.
- The last thing I would say is don't judge politicians by what they fund when there's a surplus.
- Right now, you guys are generous because there's a surplus.
Bills:
HB2
NH
Transcript Highlights:
- You have a surplus statement, which I'll go over in a second, and you also have two amendments, which
- Just going over the surplus statement really quick.
- Uh<00:04:19.440>
you <00:04:19.759>have <00:04:20.239>a <00:04:20.639>surplus - over the surplus statement really quick. over the surplus statement really quick. uh<00:05:23.680
- surplus beginning into the next bianium. surplus beginning into the next bianium.
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (03/10/2025)
Municipal and County Government
Transcript Highlights:
- It can be offered if there's a surplus in the account at the end of a period.
- The governing body should not be required to accept the surplus.
- If this truly is enabling that surplus, it should be may.
- the surplus.
- It's not saying the committee shall offer the surplus. And I think I was referring to...
NH
New Hampshire 2026 Regular Session
Committee of Conference on HB 155, HB 1102, HB 1109, HB 1356, HB 1469, HB 1323, HB 1376 (05/26/2026)
Transcript Highlights:
- This floating surplus threshold creates, as some people call it, a minor cost.
- floating uh surplus floating uh surplus threshold threshold threshold creates creates creates uh
- <00:23:32.720>
that one-time monies that had a surplus that one-time monies that had a surplus - <00:26:08.320>
plus business enterprise tax surplus plus business enterprise tax surplus plus - <00:28:28.080>
to It resulted in a $110 million surplus to It resulted in a $110 million surplus
Keywords:
9:00am HB 155
9:30am HB 1102
10:30am HB 1109
11:00am HB 1356
11:30am HB 1469
1:00pm HB 1323
2:00pm HB 1376, 928, house, all
Summary:
The meeting began with unanimous committee approval of amendment 2026-2021S to HB 2. Senator Lang explained the amendment corrected a drafting error so that $2.5 million in state funds, matched with federal money for a total of $5 million, could be spent during the biennium rather than lapse at the end of the fiscal year. The money is intended to stabilize Medicaid per diem rates for county nursing homes, and members agreed without objection to adopt the amendment and continue working from the bill as amended by the Senate.
The committee then discussed HB 155 and a proposed amendment, 2026-201H, dealing with the business enterprise tax. The House side described the proposal as a compromise that would raise the filing threshold from $250,000 to $375,000 and create a trigger that would reduce the BET rate by 0.05% for each $100 million in combined business tax surplus, down to a floor of 0.25%. Senate members opposed lowering the rate at this time, arguing that tax relief should focus on the filing threshold, which they said would remove filing burdens for about 3,500 small businesses, and that rate cuts should be considered in a budget cycle rather than an off-year. Concerns were raised that one-time revenues, such as tax amnesty receipts or federal repatriation-related surpluses, could unintentionally trigger reductions.
Representative Sweeney later offered a revised approach by moving the effective date of the trigger mechanism to January 1, 2028, and said he was also willing to carve out tax amnesty revenues or adjust the effective date to avoid using one-time funds. The Senate remained unwilling to agree to a rate reduction, though it expressed openness to raising the filing threshold further. The committee ultimately did not resolve the business tax issue and recessed to continue discussions at a later time.
The final item discussed was HB 1102, concerning an increase in the research and development tax credit paired with changes to state park fees. House members supported the R&D credit increase but opposed tying it to higher park fees, citing concerns about tourism, especially at border parks, and noting that the Department of Natural and Cultural Resources had said it did not need the increase. Senate members defended the park fee changes as a fairness issue, arguing that New Hampshire residents should pay less than out-of-state visitors and that the department had not raised rates in many years. No vote was taken on this item during the discussion captured here.