Video & Transcript Research : 'fiscal transparency'
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TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas.
The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes.
Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.
TX
Transcript Highlights:
- Certainly banks can engage in fiscal analysis in order to make sound investments.
- It's a transparency amendment.
- Senate Bill 2337 is about proxy advisors and proxy advisor transparency.
- So this now takes me to the second element that I mentioned: transparency.
- SB 2337 would add much needed transparency and sunlight to the proxy advisory process.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty.
The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration.
Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.
TX
Transcript Highlights:
- We do have a resource witness and I think we're looking at, Madam Chair, I know this does have a fiscal
- I was a little surprised about the size of the fiscal note.
- And my question being, you know, it's a fiscal note of a biennial fiscal note of over $5 million.
- Since fiscal year 2021, the Senator West: department has noted that over 40 acts of theft and more than
- The bill addresses the fiscal impact by requiring DSHS implementation of the testing requirement only
Bills:
HB50
TX
Transcript Highlights:
- The underlying issues that led the legislature to pass SJR 2 included imposing fiscal restraints and
- Fiscal restraints, it is within that subset, so we wanted to keep that at present.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Transcript Highlights:
- They deserve a government that values transparency, not just in theory but in practice.
- The substitute enhances procedural protections and administrative transparency.
- Senate Bill 2337 is about proxy advisors and about proxy advisor transparency.
- So this now takes me to the second element that I mentioned: transparency.
- SB2337 would add much-needed transparency and sunlight to the process. proxy advisory process.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Texas 89th Regular
Delivery of Government Efficiency Apr 23rd, 2025
Delivery of Government Efficiency
Transcript Highlights:
- I would think it's a lot, but they were not able to come up with a fiscal note on this.
- House Bill 4310 is about transparency, accountability, and common sense.
- transparency, I urge you to pass HB 565.
- always concerned about the agencies trying to legislate with their fiscal notes.
- that somehow or another, because I want the transparency.
Keywords:
constitutional amendment, fiscal impact, state budget, ballot measure, transparency in voting, management-to-staff ratio, state agencies, employee regulations, government efficiency, workforce management, public information, governing board, transparency, confidentiality, access rights, privacy, identifying information, state agency, consent, occupational license
TX
Texas 89th Regular
Delivery of Government Efficiency Mar 12th, 2025
Delivery of Government Efficiency
Transcript Highlights:
- With the governor's office, we have reviewed opportunities to find fiscal efficiency.
- We ought to be part of that equation in fiscal notes and that type of thing.
- As of fiscal year 25, TDLR has an authorized FTE count of 590.7.
- Oh, there's a fiscal note that I think you all have. I'm not 100% sure.
- The overall net should be a net positive fiscally to the state, right?
Keywords:
regulatory reform, government efficiency, administrative law, rulemaking, agency deference, judicial review, de novo review, Texas Government Code, Administrative Procedure Act, state agencies, plain language, regulatory burden, regulatory reduction, cost-benefit analysis, fiscal note, public benefits and costs, contested case, rule challenge, Texas Regulatory Efficiency Office, advisory panel
OK
Transcript Highlights:
- We're still trying to work out the fiscal impact of this as to what it actually is.
- What we're showing is the 2027 fiscal impact would be 12.8 million.
- And I don't know if we have an accurate fiscal impact of how many people that would maybe not even be
Keywords:
emergency management, severe weather, youth camp, summer camp, overnight camp, day camp, outdoor education, adventure camp, wilderness program, campground safety, tornado preparedness, flooding, flash flood, high winds, hail, lightning, extreme heat, extreme cold, wildfire smoke, evacuation plan
TX
Texas 89th Regular
Senate Committee on Health and Human Services May 23rd, 2025
Health & Human Services
Transcript Highlights:
- There is a fiscal note associated with it.
- I was a little surprised about the size of the fiscal note.
- My question is regarding the fiscal note, which indicates a biennial fiscal note of over five million
- Since fiscal year 2021, the department has noted that over 40 instances of theft and more than 120 acts
- The bill addresses the fiscal impact by requiring implementation of the testing requirement only if funding
Bills:
HB50
TX
Texas 89th 2nd C.S.
S/C on Family & Fiduciary Relationships Apr 28th, 2025
S/C on Family & Fiduciary Relationships
Transcript Highlights:
- The lack of transparency in the rules regarding fees for attorneys who are willing to accept these appointments
Bills:
HCR 10
Keywords:
balanced budget amendment, federal budget, deficit reduction, deficit spending, fiscal restraint, constitutional amendment, U.S. Constitution, Congress, PAYGO, Gramm-Rudman-Hollings, national debt, budget deficit, taxpayer dollars, balanced budget resolution, memorial resolution, Texas Legislature, federal spending, budget reform, fiscal conservatism
TX
Bills:
HB178
US
US Federal 2025-2026 Regular Session
Business meeting to consider an original resolution authorizing expenditures by the committee during the 119th Congress; to be immediately followed by a hearing to examine eliminating waste by the foreign aid bureaucracy. Feb 13th, 2025 at 09:00 am
Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- Taking the path to fiscal responsibility is often a lonely journey, but thanks to Elon Musk and Doge,
- Introduced with ranking member Peters would add additional transparency to federal spending.
- Had there been some transparency about it, I think some questions would have been raised.
- We need much more transparency with it.
- Transparency. Transparency. Transparency. It is so important. I'll continue with you, and then, Mr.
Keywords:
fiscal responsibility, government waste, foreign aid, funding resolution, legislative oversight
Summary:
The committee meeting addressed government spending and foreign aid, with a particular emphasis on perceived wasteful expenditures. A significant portion of the meeting was dedicated to discussing a funding resolution for the committee, which received unanimous support from the members present. The chair noted a quorum at the beginning of the meeting, signaling that the committee was ready to conduct its business. Discussions highlighted ongoing debates concerning fiscal responsibility and the necessity of legislative oversight, notably regarding foreign aid allocations and their implications for domestic fiscal health.
OK
Oklahoma 2026 Regular Session
Judiciary and Public Safety Oversight Mar 5th, 2026 at 10:30 am
Judiciary and Public Safety Oversight
Transcript Highlights:
- This is a legislative office of fiscal transparency request bill.
- So, but I didn't see a fiscal impact on the last time it was run.
- But so what's the fiscal impact or the alleged fiscal impact? Alleged looks like 30 million.
- It sounds like there was a fiscal impact put to it pretty late.
- So, it probably wouldn't be recognized with fiscal Early.
Bills:
HB2650, HB3277, HB3386, HB3419, HB3430, HB3742, HB3791, HB3835, HB3905, HB3968, HB4119, HB4153, HB4408
Keywords:
probate, estate administration, summary administration, decedent, inheritance, vehicle inspection, title registration, salvage vehicles, ownership, Oklahoma Statutes, evictions, forcible entry, mediation, residency proof, children, housing law, corruption, nonpublic information, government accountability, criminal law
MN
Minnesota 2025-2026 Regular Session
Judiciary Committee Meeting - 2026-04-16
Judiciary Finance and Civil Law
Transcript Highlights:
- We met fiscal note that uh came out.
- <01:05:03.760>
fiscal <01:05:04.160>note maybe lessening the fiscal fiscal note maybe - lessening the fiscal fiscal note as<01:05:04.960>
well <01:05:05.200>as <01:05:05.520>< - to be, but it is a fiscal note.
- of the fiscal note has not said that. of the fiscal note has not said that.
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources Feb 10th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- To me, that doesn't serve any clear purpose when we're focused on transparency in state government.
- OK, so for That transparency.
- I like our colleague, Senator Brooks interested in transparency and accountability.
- Absolutely, it's the intent of the author that it remains transparent.
- That's just transparency with that. All'll encourage a yes vote and yield for the vote.
Keywords:
nondisclosure agreements, state employment, employee rights, transparency, government accountability, employee suggestions, cost savings, state agencies, incentives, performance awards, efficiency, Oklahoma Central Purchasing Act, state procurement, state purchasing, State Purchasing Director, Office of Management and Enterprise Services, OMES, exempt entities, purchasing exemptions, state contracts
AL
Transcript Highlights:
- year billion during fiscal year billion during fiscal year 2024.
- flight school, and we're going civilian flight school, and we're going to make it flight schoolwide in fiscal
- to make it flight schoolwide in fiscal to make it flight schoolwide in fiscal year 26. year 26. year
- new and is projected to welcome 120 new and is projected to welcome 120 new warrants by the end of fiscal
- year 25, a warrants by the end of fiscal year 25, a warrants by the end of fiscal year 25, a first since
Keywords:
regulatory reform, government efficiency, administrative law, rulemaking, agency deference, judicial review, de novo review, Texas Government Code, Administrative Procedure Act, state agencies, plain language, regulatory burden, regulatory reduction, cost-benefit analysis, fiscal note, public benefits and costs, contested case, rule challenge, Texas Regulatory Efficiency Office, advisory panel
TX
Transcript Highlights:
- It should include public interest advocates, folks with a track record of fighting for transparency,
- It should include public interest advocates, folks with a track record of fighting for transparency.
- You can look at the fiscal note of almost $10 million. And in fact, it grows the bureaucracy.
- , Transparency and accountability in Texas state government house bill 12 bills on the success of past
- This amendment adds additional transparency to our local government and I move passage mr.
Keywords:
regulatory reform, government efficiency, administrative law, rulemaking, agency deference, judicial review, de novo review, Texas Government Code, Administrative Procedure Act, state agencies, plain language, regulatory burden, regulatory reduction, cost-benefit analysis, fiscal note, public benefits and costs, contested case, rule challenge, Texas Regulatory Efficiency Office, advisory panel
DE
Delaware 2025-2026 Regular Session
House Administration Committee Meeting Jun 17th, 2026
Administration
Transcript Highlights:
- Actually, thank you for this, because transparency is so important.
- And so I've been transparent with my position on this.
- This is really a transparency issue.
- I think it's a transparency bill. It's a trust-in-government bill. Thank you.
- It promotes accountability, transparency, and effective oversight.
Keywords:
federal workers, government shutdown, interest-free loans, tax deferral, public transportation, Rehoboth Beach, municipal charter, city charter amendment, commissioners, mayor, local government, election qualifications, affidavit of eligibility, domestic partner, cohabitant, conflict of interest, freeholder, leaseholder, municipal court, Alderman
Summary:
The House Administration Committee met to consider a series of resolutions and bills covering arts districts, child care background checks, federal worker relief, health care reform, court transparency, school tax reassessment, municipal charter changes, constitutional amendment procedures, data center nondisclosure agreements, state employee benefits governance, and lieutenant governor vacancies. Members also noted that House Concurrent Resolution 12 had been removed from the agenda and that public comment would be limited to one minute per speaker.
The committee released SCR 167 to study arts, culture, and creative districts in Delaware; HB 438 to close a loophole in the child care service letter requirement; SB 268 to provide interest-free loans, free transit, and tax deferrals for federal workers during shutdowns; SS2 for SB 1 to expand and permanently strengthen primary care investment while also addressing hospital cost growth; HCR 147 to request a Court of Chancery report on audio recordings and automated case assignment; SB 322 to replace the current post-reassessment 10% school revenue increase authority with a 2% annual increase option under safeguards; SB 306 to amend the Rehoboth Beach charter; HB 440 to require voter approval for constitutional amendments after legislative approval; SB 312 to bar nondisclosure agreements for large data center projects; SS1 for SB 289 to change State Employee Benefits Committee governance; and SB 264 to require a special election to fill a lieutenant governor vacancy.
Testimony was mixed on several measures. Arts, child care, federal worker relief, primary care, court transparency, data center transparency, and the lieutenant governor vacancy bill drew mostly supportive testimony, while SB 322 and SB 306 drew both support and opposition, especially over tax impacts and the proposed spouse/partner restriction in Rehoboth Beach. HB 440 prompted debate over whether 55% voter approval was the right threshold for constitutional amendments, and SB 312 was supported as a transparency measure by residents affected by prior data center NDAs. All of the listed measures were released from committee by roll call vote, with some members voting no on HB 440, SB 306, SB 312, SS1 for SB 289, and SB 264.
TX
Keywords:
business liability, concealed carry, handgun policy, premises liability, criminal acts, civil liability, business premises, concealed handgun, property liability, property rights, gun regulations, criminal liability, protective order, confidentiality, personal information, court records, victim protection, charitable raffle, nonprofit, wildlife conservation
Summary:
The Senate Committee on State Affairs met to consider several pending measures and adopted committee substitutes on multiple bills before voting them out. Senate Bill 2403, Senate Bill 1888 (jury wheel procedures in certain counties), Senate Bill 2417 (Attorney General actions under the Free Enterprise and Antitrust Act), Senate Bill 2459 (personal identifying information for judiciary employees), and Senate Bill 2943 (discrimination involving occupational licenses) were each reported favorably to the full Senate, with most passing unanimously and SB 2943 passing on a 10-1 vote. The committee also certified SB 1888, SB 2417, and SB 2459 for the local and uncontested calendars, and later did the same for SB 2943.
The committee then considered House Joint Resolution 98, the Convention of States resolution, which was reported favorably to the full Senate on an 8-3 vote. House Bill 1393, dealing with daylight saving time and keeping the state on daylight saving time year-round, was also reported favorably, with the committee noting it heard the House bill rather than a Senate companion. House Bill 2884, concerning financial relationship disclosures for defense contractors, was likewise reported favorably, with the final tally announced as 11 ayes and 1 nay.
No testimony was taken in the excerpt, and no substantive debate was recorded beyond brief clarifications about the bills and their companions. After completing the votes and calendar motions, the committee recessed.