Transcript Highlights:

• risk and must meet certain minimum risk and must meet certain minimum eligibility<00:05:10.080><
• were requiring huge amounts of capital were requiring huge amounts of capital and<00:49:12.200><
• One of the key components of that is cost of capital, so your cost of capital is really important when
• reinsurance is another form of capital reinsurance is another form of capital<00:51:40.880> so
• <00:57:55.319> premium is incurred there's a minimum premium is incurred there's a minimum

Keywords: 912, senate, all

Transcript Highlights:

• >> If we were going to hit on the capital just quickly, um, there’s some items on there.
• The other piece of that is if you’ll look at the capital outlay equipment.
• just quickly, um there there's capital just quickly, um there there's some<00:59:53.119> items
• <01:01:01.119> We it's the capital outlay equipment.
• We it's the capital outlay equipment.

Keywords: Appropriations - Room 210; 22 January, 2026: 1:30 PM, 925, all

Summary: The meeting began with a budget presentation from the insurance commissioner’s office. The commissioner said most of the request was for personnel costs, including an increase above LBO and two additional IT positions tied to a possible conversion to a state-based system and cybersecurity needs. The office also discussed travel costs, contractual expenses, vehicle replacement, and hurricane mitigation funds, noting that some funds are in trust accounts and require legislative authority to spend. The commissioner also briefed members on possible policy changes affecting the ACA exchange and a proposed low-cost plan for the high-risk pool, warning that if coverage options are not developed, more people could shift into uncompensated care. Members asked about the budget request, the IT positions, and a constituent question about propane meter regulation, which the commissioner said falls under the Department of Agriculture and Commerce, though his office sometimes checks related issues informally. The committee then moved to the State Fire Academy hearing. The academy director described a workforce stabilization proposal focused on retaining and recruiting fire instructors, citing competition from local fire departments that pay more, a shrinking applicant pool, and a growing number of retirement-eligible staff. He said the academy’s instructors are being recruited away by municipalities, that recent applicant pools have produced very few qualified candidates, and that the academy may soon have to cut advanced courses if staffing does not improve. He referenced a State Personnel Board review that supported the need for compensation changes and said the academy is trying to remain competitive while continuing to train firefighters, hazmat responders, EMS personnel, and fire officers statewide. No formal votes or legislative actions were taken in the portion provided. Members mainly asked questions, requested written follow-up on some budget items, and indicated they would work with the agencies later in the session if pending bills or funding needs changed.

Transcript Highlights:

• Many make minimum wage. Many make minimum wage.
• They modeled that after an MCO capitated program.
• We are now doing a fee-for-service program, not a capitated program.
• <00:16:14.520> The program, not a capitated program.
• The program, not a capitated program.

Keywords: 919, house, all

Summary: House and Senate DFL lawmakers, joined by Unidos Minnesota and other allies, held a press event responding to a budget deal they said would end MinnesotaCare coverage for roughly 20,000 undocumented adults at the end of the year while preserving coverage for children. Speakers, including Rep. Cedrick Frazier, Sen. Sandy Leafman, and Emilia Gonzalez Davalos, argued the agreement was cruel, would harm vulnerable families and essential workers, and was being justified under a false claim of fiscal responsibility. They said the affected people are Minnesota residents who work, pay taxes, and contribute to the state, and they rejected the idea that private insurance markets are a viable substitute. The speakers emphasized that many enrollees are receiving ongoing care such as cancer treatment, dialysis, insulin, and asthma medication, and warned that losing coverage would push people into emergency rooms and increase costs for hospitals and communities. They also said the deal set a dangerous precedent by using mixed-status families and undocumented workers as bargaining chips in negotiations. Several speakers framed the issue as part of broader attacks on immigrant communities at the federal and state levels. In response to questions, the lawmakers said they had not been given meaningful input on the agreement, that the DFL leadership had tried to make the “least harm” choice, and that the members speaking would vote no on the provision. They said their focus was on this specific health-care agreement rather than other budget bills, and they indicated the program’s cost was within projections, citing about 20,000 enrollees, roughly 17,000 adults, and spending under $4 million so far. The event ended with a call to continue fighting the deal and to pursue a Minnesota public option and broader long-term coverage solutions.

Transcript Highlights:

• Sam Krueger from Hill Capital Strategies. words? Thank you, Madam Chair. No, I words?
• Hill Capital Strategies, who's also one Hill Capital Strategies, who's also one of<00:56:28.319> my
• with Hill Capital Strategies with Hill Capital Strategies representing<00:56:42.640> our<
• , include cleaning interval minimums, include cleaning interval minimums, inspection<01:03:21.000
• > minimums,<01:03:22.000> methods<01:03:22.400> and inspection minimums, methods

Keywords: 1187, senate, all

Transcript Highlights:

• This we just put in the bare minimum.
• <00:09:32.240> standards, not can we put in the minimum standards, not can we put in the minimum
• statute minimum program requirements? statute minimum program requirements?
• <00:10:22.880> um Authorization to put in minimum um Authorization to put in minimum um program
• capital construction for new facilities. capital construction for new facilities.

Keywords: 916, all

Transcript Highlights:

• And providing $10 billion for SUNY's five-year capital plan and $7.8 billion for CUNY's five-year capital
• AND PROVIDING 10 BILLION FOR SUNY'S FIVE-YEAR CAPITAL PLAN AND 7.8 BILLION FOR CUNY'S FIVE-YEAR CAPITAL
• Finally, Chair Stavisky mentioned the capital plan.
• Finally, Chair Stavisky mentioned the capital plan.
• SUNY IS THE ONLY AGENCY THAT DOESN'T HAVE A FIVE-YEAR CAPITAL PLAN.

Keywords: 993, senate, all

Summary: The Higher Education Conference Committee met to discuss budget priorities for SUNY, CUNY, community colleges, TAP, student aid, and capital funding. Chair Toby Ann Stavisky emphasized the need for increased operating and capital support, protection against enrollment-based funding losses, no tuition increases, a review of TAP because it has not kept pace with living costs, and action on student loan access and research funding cuts. Assembly Chair Alicia Hyndman outlined the Assembly’s higher education proposal, including $475.7 million to expand TAP eligibility, raising income thresholds for TAP and the Excelsior Scholarship, creating a graduate tuition assistance program, adding community college operating aid, expanding the Opportunity Promise Scholarship, forgiving SUNY hospital debt service, increasing CUNY operating support, restoring opportunity program funding, creating a $110 million student loan support program called New York Rises, and funding five-year capital plans for SUNY and CUNY plus additional ECAP grants. Members broadly supported making higher education more affordable and accessible, while highlighting district-specific needs. Senator May praised SUNY Reconnect, community college workforce programs, hospital debt service relief, and a five-year SUNY capital plan. Senator Gonzalez framed the budget as an investment in economic mobility. Senator Griffo supported affordability, operating and capital aid, and additional support for medical schools and hospitals. Assembly Members Walker, Colton, and Fall backed TAP expansion, opportunity programs, disability supports, SUNY Downstate’s transformation, and capital needs at CUNY and SUNY campuses. Assembly Member Smullen, speaking for the minority conference, urged a five-way budget process, said TAP has not kept pace with inflation, and called for a more stable long-term funding model for community colleges. He also stressed aligning higher education with workforce needs. Assembly Member Pirozzolo pointed to the College of Staten Island as an example of the benefits of investment and warned that employers recruiting students directly from high school could weaken higher education unless colleges continue strengthening trade and career training. The meeting ended with no vote on the budget items, and the chairs adjourned the conference committee after concluding remarks.

Transcript Highlights:

• of, here and operate those chargers with a minimum of government subsidies at any level, but with the
• The NEVI program requires five years of service at a minimum of 97% uptime, so really building not just
• The only public financial entities that we are aware of that can use private capital are green banks,
• The only public financial entities that we are aware of that can use private capital are green banks
• also now That we are aware of that can use private capital are green banks, also known as climate banks

Keywords: 995, all

Summary: The committee held a hearing on the impact of the Trump administration’s federal climate policy changes on Massachusetts, with a focus on threatened grants, regulatory rollbacks, and state options to continue climate work. Chair Creem and other senators emphasized that Massachusetts still has a 2050 net-zero mandate and needs contingency plans for clean energy, transportation electrification, offshore wind, resilience, and financing if federal support is reduced or withdrawn. Executive branch witnesses said Massachusetts has already experienced disruptions to more than $1 billion in climate-related federal funds, though many suspended grants were restored after litigation by the Attorney General’s office. EEA reported continued uncertainty around a $389 million Grid Innovation Program award and a FEMA dam-safety reimbursement, while MassDOT said its NEVI fast-charging program remains on track with about $50 million obligated, but a $14.4 million competitive charging grant is on hold and future unobligated NEVI funds remain uncertain. Senators also discussed EV rebates, charging infrastructure, the role of the Community Climate Bank, and whether the state can expand independent financing and support for municipalities, higher education, and nonprofits. The Attorney General’s office described successful multi-state litigation that won a temporary restraining order and preliminary injunction against the federal funding freeze, restoring access to many EPA, DOE, USDA, and Interior funds, while noting continued enforcement actions over FEMA manual reviews and other barriers. The office said it is also preparing to defend the endangerment finding, California vehicle-emissions waivers, offshore wind permits, and other federal climate protections. Outside advocates warned that federal tax-credit rollbacks, tariffs, and possible repeal of IRA and infrastructure funding could slow EV adoption and raise costs, while offshore wind testimony said federal permitting pauses and legal challenges are delaying projects and could leave Massachusetts far short of its 2030 offshore wind goals. Nonprofit witnesses also described canceled or delayed grants for wetland restoration and urban heat mitigation, and urged the Legislature to increase state funding, including for the environmental bond bill and municipal vulnerability preparedness work.

Transcript Highlights:

• The state's credit rating, access to capital, and ability of our various government jurisdictions to
• And at the bare minimum, for a corporation to generate $5 million in tax liability, it would need at
• I understand you miss the minimum contribution to do this through the normal process and not through
• It would incentivize liquidity providers to provide more capital for construction lending.
• It would incentivize liquidity providers to provide more capital for construction lending.

Summary: The committee opened with the State Controller’s Office May Revision requests, including funding for Fiscal book-of-record stabilization, a Broadcom IDMS licensing adjustment, the California State Payroll System, ACFR reporting automation, and $3 million for unclaimed property outreach. Testimony emphasized progress on Fiscal becoming the state’s accounting book of record in July, faster ACFR publication, and the move to electronic unclaimed property claims. Members asked about the size of the unclaimed property fund and how quickly money is transferred to the General Fund; the Controller’s office said about $15 billion is held, with most excess transferred regularly, and the LAO noted the fund is the General Fund’s fourth-largest revenue source. No concerns were raised by Finance or the LAO, and the item was closed after no public comment. The committee then heard the administration’s proposal to tax prewritten digital software and software-as-a-service, with Finance saying it would modernize sales tax treatment and raise an estimated $450 million General Fund and $560 million local revenue in 2026-27. The LAO supported modernizing the tax but suggested broader digital goods coverage and a business-use exemption; industry and taxpayer groups opposed the proposal, warning of higher costs for consumers and businesses. Members also heard CDTFA’s administrative request tied to the proposal, plus a separate CDTFA budget reduction reflecting lower operational needs; that reduction was presented as a savings item and drew positive reactions. Next, the committee considered federal conformity for “Trump accounts,” which would align California tax treatment with federal rules for tax-deferred children’s accounts and avoid tracking burdens for families. The LAO recommended approval, and the item drew no opposition. The committee also heard a proposal to cut the first-year $800 annual business tax to $400 for LLCs, LPs, and LLPs; Finance argued it would lower startup costs and encourage new business formation, while the LAO said the benefit was not well targeted and could subsidize entities that would form anyway. Members discussed the policy tradeoff, and public commenters split between support for small business relief and concern about revenue loss. The final major revenue item was a permanent business tax credit limitation, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability, while excluding the low-income housing tax credit and personal income tax credits. Finance said it would raise significant revenue from large profitable corporations, and the LAO said it was a reasonable option but noted it would mainly affect the R&D credit and could have future implications for programs like California Competes. Public testimony was sharply divided, with business groups opposing the cap and anti-poverty advocates supporting it as a way to recapture revenue. The committee also heard FTB’s CalFile realignment request, which would return most of the direct-file-related resources to the General Fund while retaining a smaller staff to improve CalFile, and the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which members and advocates supported despite relatively modest annual donations. The hearing continued with GoBiz proposals on civic media funding, CA RISE reappropriation, and a semiconductor facility reversion, with the LAO supporting the latter two and members raising questions about the civic media program’s scope, outreach, and inclusion of broadcast and ethnic media.

Transcript Highlights:

• They have to meet the minimum requirements of GPA of 2.0 and have a C in deportment.
• funding, uh, NMI sources of capital funding are your general obligation bonds, of course, statewide.
• So people ask about our revenue and how much you guys carry in, in, in your capital side.
• There's a minimum score.
• So we have the same policy that NMMI has, which is that the 2.0 minimum has to be maintained.

Transcript Highlights:

• Currently, the minimum capital requirement for a pure captive insurance company is $100,000.
• And there is no minimum capital requirement for a branch captive insurance company.
• And there is no minimum capital<00:07:58.879> requirement<00:07:59.360> for<00:07:59.599
• c><00:08:03.680> capital increase the min minimum capital increase the min minimum capital requirement
• c> 250,000 minimum capital requirement of 250,000 minimum capital requirement of 250,000 for<00:08

Bills: SB170, SB177, SB207, SB208, SB215, HB27, SB219, SB247, SB232, SB81

Keywords: 923, senate, all

Transcript Highlights:

• The amendment expands the use of lab school capital improvement funds.
• It also amends a definition of capital complex to include the governor's mansion.
• The only substantive difference is the House bill does not contain the capital complex changes.
• This is really important because that's the minimum wage increases...
• Capital punishment, capital punishment, capital punishment.

Summary: The Senate convened with a quorum, opened with prayer and the Pledge of Allegiance, and heard several member introductions before taking up the special order calendar. The chamber first postponed CS/SB 80 on state land management, then moved through a series of bills, often substituting House companions when identical or nearly identical. Early actions included unanimous passage of HB 295 on a comprehensive waste reduction and recycling plan, which directs DEP to develop a recycling and waste-diversion roadmap, and passage of CS/CS/SB 492 on land development and mitigation banking after amendments addressing out-of-service credits and former phosphate mine lands; that bill passed 35-3 after debate over possible constitutional concerns. The Senate also passed HB 255 on aggravated animal cruelty, adding a sentencing multiplier and a searchable FDLE database of convicted animal abusers, and HB 711 establishing the Spectrum Alert for missing children with autism, with $190,000 in nonrecurring implementation funds and a July 1, 2026 implementation date. The chamber then approved HB 1089 to add Duchenne muscular dystrophy to newborn screening, and HB 393 revising the My Safe Florida Condominium Pilot Program to expand eligible mitigation projects, lower the approval threshold, and clarify ownership and reimbursement issues. Members discussed funding levels and whether insurance premium credits would be required, but the bill passed unanimously. The Senate also passed HB 1145 on workforce education, HB 827 on a statewide study of automation and workforce impact, and HB 181 on parole guidelines, all without recorded opposition. CS/CS/SB 976 on court-appointed psychologists also passed unanimously, as did HB 1451 on sexual cyber harassment, which broadened protections against non-consensual and digitally forged intimate images. Later, the Senate approved HB 1156 creating the Home Health Aid for Medically Fragile Children Program, after clarifying training requirements and hearing support that the measure would help families keep medically fragile children at home while compensating trained parents. The chamber also passed HB 1091 on substance abuse and mental health care, with an amendment allowing designated facilities to retain stabilized patients who still meet involuntary examination criteria. Throughout the day, senators used questions and debate to probe charter school governance in CS/CS/SB 822, which was substituted with HB 443 and amended to expand charter autonomy over conduct codes, enrollment, reporting, and facility use while maintaining sponsor oversight; that bill was placed on the calendar for third reading rather than voted on in the excerpt. Several other measures, including SB 716, SB 76, and the final SB 1252 item, were postponed or not reached before the transcript ended.

Transcript Highlights:

• HB 1455 creates section 794.0116 of the Florida Statutes, which establishes mandatory minimum sentences
• previously convicted or had an adjudication withheld for a qualifying offense will have a mandatory minimum
• There is also a mandatory minimum prison sentence of 20 years if a repeat offender uses a child in a
• CS for HB 1283 makes the sex trafficking of a child under 12 or a mentally incapacitated person a capital
• Or a mentally incapacitated person, a capital felony, punishable by death or life in prison.

Summary: The committee heard three member bills. CS/HB 1095 would create a criminal offender substance abuse pilot program in Hillsborough County for probationers ordered to abstain from drugs and alcohol, with frequent testing, immediate arrest for violations, and a cap of 150 participants. An amendment removed the fiscal impact by eliminating an appropriation and directing any appropriated funds to the administering entity; the amendment and bill both passed, and the bill was reported favorably as a committee substitute. CS/HB 1455 would establish mandatory minimum sentences for repeat sexual offenders or predators who commit specified sexual offenses, including 10-year and 20-year minimums depending on the offense, with no gain time or discretionary early release. The only public testimony was in support from the Smart Justice Alliance. The committee approved the bill 11-1 and reported it favorably. CS/HB 1283 would make the sex trafficking of a child under 12 or a mentally incapacitated person a capital felony punishable by death or life imprisonment. Members questioned the fiscal impact, housing on death row, and how the death penalty process would work; the sponsor said the bill was aimed at the worst offenders and that current law already provides mandatory life for trafficking a child under 12. Public testimony included opposition from the Florida Conference of Catholic Bishops and the Florida Association of Criminal Defense Lawyers, and support from the Smart Justice Alliance. After debate focused on constitutionality and the death penalty, the committee passed the bill 10-3 and reported it favorably.

Transcript Highlights:

• That doesn't work that way for venture capital.
• We have now officially adopted a strategic venture capital program.
• Let's see, I had a question regarding the venture capital.
• So the fact that you're now sort of going to venture capital.
• Minimum. Minimum. Because it's a long-term investment, not a short-term.

Transcript Highlights:

• I cover capitality, governance, and infrastructure. Good morning.
• This is not capital; this does not usually pay for building schools.
• Raising minimum teacher salaries, which we'll talk about on Wednesday.
• This is increasing those minimums to $55,000, $65,000, and $75,000 a year for levels of. one, two, and
• Establishing a minimum annual salary of $30,000 for all public school personnel.

Transcript Highlights:

• used to fund court security, emergency preparedness, local court facility security accounts, and capital
• I want to emphasize, as a Democrat who actually believes in capitalism, the way I can believe in capitalism
• This additional funding will allow the minimum grant amount to be increased from $1,000 to $2,000.
• This additional funding will allow the minimum grant amount to be increased from $1,000 to $2,000.
• This additional funding will allow the minimum grant amount to be increased from $1,000 to $2,000.

Summary: The Emergency Board approved a series of consent federal grant applications from the Natural Resources and Public Safety subcommittees, along with several budget and position requests. The board approved grant applications for parks, transportation, judicial, emergency management, higher education, school nutrition, and other programs, including retroactive approvals where deadlines had passed. One member objected to the Natural Resources consent grants over concerns about future funding needs, but the motion still passed. The board also approved a one-time increase for Judicial Department court security, including digital privacy protections, circuit court security, and a statewide facilities assessment. A major discussion centered on Southern Oregon University’s financial stability. The Higher Education Coordinating Commission reported on SOU’s structural deficits, declining enrollment, and projected cash shortfall. The subcommittee recommended, and the board approved, allocating $7.5 million from the special appropriation for short-term stability, with a required update at the September 2026 Emergency Board meeting and a future request for the remaining funds. Members debated the broader crisis in higher education, with several saying SOU’s situation reflects systemwide enrollment and funding pressures and that long-term restructuring will be needed. The board also approved an AmeriCorps volunteer generation grant, an apprenticeship expansion grant, and a Department of Education nutrition equipment grant. In public safety, it approved funding for Oregon Military Department readiness facilities, a statewide evacuation planning tool, and a juvenile justice information system modernization report, while requiring a follow-up viability report. The Department of Justice received approval for additional antitrust positions and expenditure limitation, though several members raised concerns about the funding structure and incentives tied to settlement revenues; the motion passed despite objections. In natural resources, the board approved funding for the Water Resources Department’s well abandonment, repair and replacement grants, an assistant water master position in Washington County, groundwater data collection in the Lower Umatilla Basin, a wetlands remote sensing pilot, and parks-related grant applications for operations, maintenance, and capital improvements. Members generally supported the requests but raised concerns about geographic equity, long-term sustainability, and whether some county responsibilities were being shifted to the state. The meeting also included discussion of a Department of Emergency Management evacuation tool as an urgent wildfire preparedness measure, with members emphasizing its potential to save lives.

Transcript Highlights:

• President, I request capital leaves for Senators Brooks, Coleman, and Yaw, and legislative leaves for
• Senators Argo, Gebhard, and Loughlin, and Senator Costa requests capital leave for Senators Lindsay
• I rise today because it's been 7,296 days since Pennsylvania last raised the minimum wage.
• The last time this General Assembly acted was in 2006, when my minimum wage bill became law.
• Let's finally raise Pennsylvania's minimum wage. Thank you, Mr. President.

Summary: The Senate convened with prayer and the Pledge of Allegiance, then received communications recalling it for voting session and referring gubernatorial nominations and a series of Senate and House bills and resolutions to standing committees. Leaves of absence were granted, and the chamber recessed briefly for committee meetings and party caucuses before reconvening. On the floor, the Senate unanimously agreed to House Bill 1102 and later passed Senate Bill 1133 and Senate Bill 1303 by 50-0 votes. Several measures were set aside to their proper place in the calendar or re-referred, including Senate Bill 1182 and House Bill 928 to Appropriations. The Senate also adopted multiple amendments to Senate Bill 1372, including a technical amendment from Senator Brooks, an amendment offered on behalf of Senator Loughlin, and Senator Fontana’s amendment requiring carbon monoxide detectors in child care facilities; after amendment, Senate Bill 1372 was held over. The chamber adopted Senate Resolution 326 urging a posthumous Medal of Honor for Major Richard Winters. During petitions and remonstrances, Senator Tartaglione urged action to raise Pennsylvania’s minimum wage, noting it has been 20 years since the last increase. Senator Dush honored Colonel James C. Harding on his birthday, highlighting his military service and decorations. Senator Street introduced a discharge resolution to force consideration of adult-use cannabis legalization, arguing the issue has bipartisan support and should receive a vote. Senator Dush also delivered extended remarks on the Founders, John Adams, religion, and the Constitution. Committee reports followed, including Appropriations reporting Senate Bills 1061, 1182, and 1303 as committed and House Bill 2400 as amended, and Consumer Protection and Professional Licensure reporting House Bill 2426 as committed. The Senate then considered supplemental calendars, adopting an amendment to Senate Bill 1182 and passing Senate Bill 1303 on final passage, both by 50-0 votes. The chamber was also notified of upcoming committee meetings, and it recessed until June 30, 2026, at 11 a.m., unless recalled sooner.

Transcript Highlights:

• In education, the Proposition 98 minimum guarantee for 2025-26 is $114.6 billion. 98 minimum guarantee
• This bill eliminates the requirement for the Air Resources Board to allocate a minimum of $125 million
• It also includes an appropriation for Caltrans to begin up to $20 million in Olympics-related capital
• So, can you just walk us through what these new minimum wage requirements would be? Certainly.
• We have serious concerns with the minimum wage for housing construction provisions. AB 130.

Keywords: 988, house, all

Transcript Highlights:

• Currently, under the capital outlay process, most of our communities have to piecemeal.
• Chair, and that is, so right now, most of us use our capital outlay.
• The general capital outlay that legislators receive and the infrastructure fund.
• And all we have is for the Capital Outlay 2.5 million to 3 million.
• That Being said, there's generally not enough capital outlay.

Keywords: 996, all

Transcript Highlights:

• Request a capital leave for Senator Hughes. Thank you.
• You guys request a capital leave for Senator Hughes. Thank you.
• We've been talking about the minimum wage ad nauseam for years, trying to get that increase.
• I rise today because it's been 7,292 days since Pennsylvania last raised the minimum wage.
• The people earning minimum wage are not asking for luxury. They are asking for dignity.

Keywords: Scheduler, 972, senate, all

Transcript Highlights:

• Cost-share collateralization addresses a capital issue.
• We also handle capital outlay.
• Doing a minimum pool in Elephant Butte because it is really the only lake that doesn't have a minimum
• Answer: Reservoirs don't typically have minimum pools.
• So, obviously, as I mentioned, one of the issues in the state is capital.