Transcript Highlights:

• a few billion, some years it may be more, depending on the economy in that given year. year, the surplus
• We had a $40 billion surplus. a $24 billion surplus, we have to be careful how we spend it so it's spent
• Because when you have a surplus, it's like if you get a bonus in your I hope some of you get a bonus

Keywords: 1185, senate, all

Transcript Highlights:

• be a few billion, some years it may be more, depending on the economy in that given year and the surplus
• We had a $40 billion surplus, a $24 billion surplus.
• It's not something we have to do every year because when you have a surplus, it's like if you get a bonus

Transcript Highlights:

• But more can be done, particularly at the juncture when school districts access surplus property.
• But more can be done, particularly at the juncture when school districts access surplus property.
• Thank you. districts um access Surplus property in districts um access Surplus property in the<00:02:

Keywords: 919, house, all

Summary: The committee heard House File 1340, authored by Chair Lee, which would expand the use of housing infrastructure bonds to support the adaptive reuse or conversion of buildings into affordable housing. The author described the bill as a way to help nonprofit and other affordable housing developers compete for surplus buildings, especially when school districts are selling unused properties on the open market. Tom Parent of Minneapolis Public Schools testified in support, explaining that school districts manage facilities through separate capital budgets and that selling surplus property at fair market value helps offset future property tax burdens. He said districts often face tension between maximizing sale proceeds and meeting community needs, and pointed to Minneapolis examples where former school buildings are being converted to housing, including projects serving youth experiencing homelessness. He argued the bill could better align reuse of school properties with community housing needs while protecting local taxpayers. In response to a question from Representative Scraba, the author confirmed the bill does not allocate new dollars but instead expands eligible uses under the statute for housing infrastructure bonds. No vote or formal action was taken during the exchange, and the bill was presented as part of a broader bipartisan discussion about reuse of vacant buildings for housing and other community purposes.

Transcript Highlights:

• Democrats over the last two years have raised taxes by $10 billion, spent down the budget surplus.
• And again, $18 billion of surplus was spent. Taxes and fees were raised by another $10 billion.
• again,<00:07:47.280> $18<00:07:47.680> billion<00:07:48.319> of<00:07:48.560> surplus
• again, $18 billion of surplus was spent. again, $18 billion of surplus was spent.

Keywords: 1183, house

Transcript Highlights:

• we think about—and this is leading to the next slide—well, I'll go over something called the three lines
• And that is captured in what's called the three lines model.
• we think about and this is leading to the next slide well I'll go over something called the three lines
• And that is captured in what's called the three lines model.
• So it doesn't necessarily always pay to transport an asset that has no value to Salem to our surplus

Keywords: 907, all

Summary: The Joint Interim Committee on Legislative Audits met on June 17 for informational presentations. The Department of Administrative Services, through Chief Audit Executive Eli Ritchie, gave an overview of statewide internal audit requirements and the fiscal year 2025 report. He explained the difference between internal and external audit, described Oregon’s statutory and rule-based internal audit structure, and reported that 30 agencies had internal audit functions, with most meeting required standards. He said 73 audits and 49 advisory/consulting engagements were completed statewide, with strong compliance overall, though a few agencies were rebuilding audit committees after vacancies. No committee questions were raised after the presentation. The Secretary of State’s Audits Division then presented its Government Waste Hotline annual report. Director Steve Bergman and audit manager Olivia Rekhed described changes made to align the hotline with statute, including renaming it the Government Waste Hotline, creating a review panel, improving anonymity protections, removing fraud reporting from the hotline’s scope, and adjusting reporting timelines. They said hotline volume increased modestly in 2025, most reports were referred elsewhere or closed for insufficient evidence, and two reports were substantiated, including questioned costs of about $856 for personal use of a state vehicle and about $2.9 million tied to the Preschool Promise program. Committee members asked about hotline staffing, cost, anonymity, and follow-up on findings; staff said the hotline is lightly resourced, uses a contracted intake service, and referrals or recommendations are followed up through management letters and later reviews. The committee also heard an audit of the Oregon Parks and Recreation Department’s safety inspections and asset tracking. The Secretary of State’s office reported that OPRD had not consistently conducted or documented quarterly OSHA safety inspections and had incomplete asset records, including missing acquisition dates and costs for many assets. The audit made eight recommendations covering safety inspection policies, asset management guidance, tagging, reconciliations, disposition controls, training, and a new asset management system; OPRD agreed to all recommendations. OPRD officials said they had already begun training staff, improving inspection procedures, and working toward a replacement asset system, while noting operational challenges from a large, dispersed park system and manual processes. Committee members asked about what kinds of assets are tracked, how tagging works, whether items were actually being lost, and how much tracking is necessary for low-value tools; OPRD said the main issue was inconsistent classification and documentation rather than widespread loss. The meeting ended with no votes or formal actions taken.

Transcript Highlights:

• If revenues come in a little stronger than we anticipate, the reserves are there to catch that surplus
• So, moving on to page 4, I'm going to talk about the operating reserve, and it's really the first line
• It's a line that's used to compare accounts in case of a revenue downturn and is most comparable to a
• You can see in this chart, just for example, the low oil price scenario, that first blue line—it's line
• You can see that line in black, especially the liquidity pool, which is usually overnight.

Transcript Highlights:

• And I say quote because I'm stealing that line from Chris Cassidy at the State Investment Council.
• The red line demonstrates the number of new tests that the lab is requiring to test.
• What kind of a surplus do you anticipate not having those people on Medicaid rolls?
• Do you have any surplus from the Department of Health that you're looking at this year? Mr.
• Either reorganizing county lines, trying to re-look at what they want to do.

Summary: The committee first recognized Mark Roper of the Economic Development Department for his long service and retirement, with members and the secretary praising his work on economic development across the state. Secretary Rob Black then presented EDD’s budget and special appropriation requests, describing strong recent job and income growth and outlining the department’s strategy around science and technology, site readiness, workforce development, foreign direct investment, and rural/community programs. He highlighted wins in advanced energy, quantum, space and defense, and biosciences, and asked for funding for quantum/DARPA matching funds, additional site readiness work, LIDA closing funds, JTIP training support, New Mexico Partnership, and healthy foods and other community programs. Members asked detailed questions about the quantum proposal, site readiness, the new mapping tool for industrial sites, workforce participation, trade missions, foreign investment, tariffs, water and produced water, tribal site evaluation, and public engagement on major projects. Black said the quantum request was intended to match federal dollars and build a workforce pipeline, that the site-readiness software would be a set enterprise license, and that the department was working with tribes and local partners on future site evaluations. He also said tariffs have created uncertainty but New Mexico’s infrastructure and foreign trade zones could help attract manufacturing, and he acknowledged concerns about transparency and community input while noting that some projects, such as Pacific Fusion, had gone through extensive public processes. The committee also discussed specific projects and funding balances, including Mantis Space’s move to Albuquerque, the status of Virgin Galactic’s spaceport lease, and the current LIDA fund balance and encumbrances. Black and Deputy Secretary Isaac Romero said the department was trying to use State Investment Council-backed venture funds to attract companies and that the new investments were already producing deals and jobs. Members generally supported the department’s direction but pressed for more targeted expertise, faster deployment, and stronger community involvement in future economic development decisions. Later, Secretary de Blassie of the Department of Health presented the department’s budget request and progress report. He said DOH had improved revenue cycle management, reduced old Medicaid-pending cases, increased census at facilities, improved budget and contract timeliness, and responded effectively to the measles outbreak. The department requested additional base funding for epidemiology and response, the DOH helpline, the Vital Records Virtual Vault, state labs, and the veterans home, along with special requests for respiratory vaccinations and marketing and lab equipment replacement. He also noted progress on MOUD and the medical psilocybin program, and said the department was not seeking to launch new programs given the limited time left in the administration.

Transcript Highlights:

• Then on lines 19 and 20, the say?
• <00:39:13.440> 25 kcom was absolutely correct on line 25 kcom was absolutely correct on line
• specifically lines uh 22 23 or 21 also. specifically lines uh 22 23 or 21 also.
• is defined by the previous line. is defined by the previous line.
• And there are also numerous on line 17.

Keywords: 1189, house, all

Transcript Highlights:

• Sounds more reasonable to me than 15%, which starts to get into, I don't know, where do you cross the line
• And so that gave us the a significant surplus, but we're obviously not going to continue to have that
• We're not talking about the surplus, it gets a lot of headlines, right?

Bills: SJR 4

Keywords: term limits, state offices, constitutional amendment, governor, lieutenant governor, election reform

Transcript Highlights:

• Finance Committee says if these numbers are finalized and no unforeseen events impact the state's bottom line
• unforeseen events impact the state's no unforeseen events impact the state's bottom<00:01:52.040> line
• 53.200> a<00:01:53.399> good<00:01:53.640> spot<00:01:54.439> what bottom line
• we'll be in a good spot what bottom line we'll be in a good spot what we<00:01:54.680> know<00
• that we are talking about cutting things like education and human services because of going from a surplus

Keywords: 1187, senate, all

Transcript Highlights:

• in the base funding, but even with that modest increase it amounts to about 3.7% of the projected surplus
• <00:02:47.200> of<00:02:47.400> the<00:02:47.640> projected<00:02:48.239> Surplus
• about3 3.7% of the projected Surplus about3 3.7% of the projected Surplus that<00:02:49.120>
• and and I think as a on these lines and and I think as a state<00:26:18.440> it's<00:26:19.000
• Looking through the spreadsheet, he saw on line 158 that the base funding for Second Harvest Heartland

Bills: HF1704, HF1722

Keywords: Minnesota agriculture budget, Department of Agriculture appropriation, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, farm bill, rural development, agricultural grants, soil health, livestock compensation, crop damage, meat inspection, poultry inspection, county agricultural inspectors, biofertilizer, nitrogen management, commercial nitrogen fertilizer, water quality, farm down payment assistance, beginning farmers

Transcript Highlights:

• It says $6 million on page, I don't know what page it is, but it's line 61 on page six, line 60, line
• Gentlemen, what is the point of that line of question?
• I will go back to line 11 and 12 of the amendment. Those are the last two lines.
• I'm wondering also on line, I don't know what line it is, but it says a county in which a facility has
• This year but still a surplus. So, Ms.

Bills: HM3, HM11, HM14, HM15, HM21, HM25, HB9, SB2, SB19

Keywords: nurses, health care workers, healthcare workers, frontline workers, hospital staff, clinicians, allied health professionals, support staff, public health, workforce shortage, nursing shortage, safe staffing, patient safety, rural health care, frontier communities, behavioral health, mental health, substance use disorder, substance abuse, health care memorial

Transcript Highlights:

• When you're talking about surplus property, you're talking about surplus property, you have to go through
• When you're<00:09:11.120> talking<00:09:11.279> about<00:09:11.519> surplus<00:09
• :12.000> property, you're talking about surplus property, you're talking about surplus property

Keywords: Meeting Start: 00:00 Roll call: 01:22 HB 577 discussion: 03:04 HB 577 vote: 05:26 HB 392 discussion: 06:55 HB 392 vote: 09:54 HCR 16 discussion: 11:00 HCR 16 vote: 14:07, 958, all

Summary: The House Standing Committee on Economic Development and Workforce Investment met for its first meeting, reviewed housekeeping procedures, and established a quorum. The committee first considered House Bill 577, relating to economic development. The bill sponsor and a representative from Blue North said it would modernize Kentucky’s economic development statutes to better support startups and high-growth companies, rename the innovation center program as the Kentucky Entrepreneurship and Innovation Hub program, clarify statutory definitions, expand the Kentucky Enterprise Fund, allow certain out-of-state companies to qualify if they commit to becoming Kentucky-based within 180 days, and broaden the angel investment program to include pass-through entities. The committee approved HB 577 with a favorable expression. The committee then took up House Bill 392, relating to local public agency transactions, and adopted a committee substitute negotiated with stakeholders including the Kentucky Press Association and the Kentucky Association of General Contractors. The sponsor said the substitute removed the original bill’s best value and reciprocal bidder provisions, lowered the small purchase threshold from $60,000 to $50,000, and would increase that threshold by $10,000 every five years to account for inflation. It would also allow local governments to use certain state contracts with price ranges, permit independent evaluation of some small non-evaluative equipment, and exempt law enforcement vehicles and related equipment from procurement code requirements. HB 392, as amended by committee substitute, passed with a favorable expression. House Concurrent Resolution 16 was then heard. The sponsor, who had co-chaired the Air Mobility and Aviation Economic Development Task Force, said the task force held six meetings and heard from airports, aviation and education stakeholders, logistics companies, and others. She said the group found there was no real strategic plan for advanced air mobility and recommended that state agencies study infrastructure needs and that the General Assembly develop a strategic plan and legislation for AAM vehicles. Members discussed airport and drone-related issues, and the resolution passed with a favorable expression. Finally, House Bill 593, relating to data centers, was announced but passed over for a later hearing, and the committee adjourned.

Transcript Highlights:

• They spent an entire $18 billion surplus.
• They spent an entire $18 billion surplus.
• They spent an entire<00:03:53.200> $18<00:03:53.599> billion<00:03:54.200> surplus.
• <00:03:55.200> They<00:03:55.440> raised entire $18 billion surplus.
• They raised entire $18 billion surplus.

Keywords: 1187, senate, all

Transcript Highlights:

• But after discovering a brand new provision on lines that begins on line 16.33 and provides funding for
• Uh lines 1.3 just a technical amendment.
• And then on line 1.9, deleting on page 12, deleting lines 17 to 25.
• 1.9 deleting on page 12 on the line 1.9 deleting on page 12 deleting<00:36:20.720> lines<00:36
• So, uh, lines uh for our work there.

Bills: HF2446

Keywords: agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant

Transcript Highlights:

• We'll get something lined up for the first couple of weeks of January. Representative Thomas.
• He said they do not know how that surplus solar energy is being paid for on the ISO scale.
• line by line if So I can go through it line by line if you<00:53:19.119> need<00:53:19.280>
• The specific statute is listed here on lines 18 and 19.
• Um on line five there's the >> Thank you.

Keywords: 1189, house, all

Transcript Highlights:

• I think I've mentioned before that I do come from a long line of veterans who served in several military
• Look, Madam Chair, Representative, we always have a surplus in our budget, a large surplus.
• that you'll find that we all here in this committee support the people who put their lives on the line

Keywords: 996, all

Summary: The House Labor, Veterans, and Military Affairs Committee met with a quorum and heard two bills from Representative Martinez. House Bill 56 would appropriate $1 million to the Department of Veterans Services to expand behavioral health and suicide prevention efforts for veterans. Supporters, including the Greater Albuquerque Chamber of Commerce, the Department of Veterans Services, the Disability Coalition, New Mexico Professional Firefighters, the New Mexico Veterans and Military Families Caucus, and NAMI New Mexico, said the funding would help veterans navigate a difficult system, improve outreach in rural areas, and address New Mexico’s high veteran suicide rate and related alcohol and drug deaths. Committee members asked about whether the program was new or an expansion of an existing effort, how services would be delivered, and whether outreach would reach homeless and rural veterans. The secretary explained that the bill would augment an existing Suicide Prevention Act program, use contracts with outside providers rather than direct services, and require two term employees for contract management and outreach. The committee voted 7-1 to give HB 56 a due pass and send it to the next committee. The committee then heard House Bill 55, which would create an income tax deduction for retirement income earned by first responders, similar to an existing benefit for military retirees. Supporters argued it would help recruit and retain firefighters, law enforcement, and other first responders, and could encourage retirees to move to New Mexico and contribute economically. Several members raised concerns about the fiscal impact, the lack of a sunset, the narrow definition of first responder, and Taxation and Revenue Department concerns that the bill could reduce general fund revenue by about $6.1 million in the first year and might not attract retirees on its own. The sponsor said he had not yet met with Tax and Rev but would do so, and noted he was open to a sunset if it helped the bill move forward. Despite concerns, the committee voted 7-1 to pass HB 55 to the next committee, with members explaining their votes and emphasizing that the bill would receive further vetting in Tax and Revenue.

Transcript Highlights:

• Within eight hours after a strenuous shift, I presume to have been injured in the line of duty, securing
• Senator, is that this legislation has done a great job of balancing tax relief with our terrific surplus
• works out well for all Texans, both the people and the businesses that are fueling our record... surplus
• Chairman, in line with making certain we reduce taxes as best as possible and in a balanced manner, I

Bills: SB1331, SB1375, SB1443, SB1578, SB2251, SB2519, SB2553, SB2655, SB2764, SB2907, SB3030, SB3033, SB3035, SB3036, SB3037, SB3043, SB3047, SB3050, SB3051, SB3056, SB3057, SB3063, HB9, HB467, HB331, HB1244, HB1399, HB2559, HB2730, HB3307, HJR1, HJR99, SB3048, SB3052, SB3053, SJR78, HB1327, HB2723, HB9, HJR1

Keywords: civil service, firefighters, police officers, municipalities, local government, repeal, voter petition, health care, provider participation, continuation programs, population-based regulation, health care provider participation, Medicaid, hospital funding, voluntary compliance, mandatory payments, public health, healthcare program, county participation, nonpublic hospitals

Transcript Highlights:

• <01:20:13.080> um greatly get across that finish line um greatly get across that finish line
• But my question specific on this line is probably for the department.
• This bill seems to draw a line at $20 million, kind of being that line of big or mid versus small.
• > big million kind of being that line of big million kind of being that line of big or<01:36:24.719
• General taxpayer money from the Surplus General taxpayer money from the Surplus the<01:46:53.159

Bills: HF1063

Keywords: grain buyers, grain dealer, grain elevator, agriculture, financial reporting, audit, CPA review, independent accountant, financial statement, balance sheet, cash flow, nonpublic data, licensee oversight, Minnesota Department of Agriculture, grain purchase volume, insolvency, nonpayment, warehouse chain, fiduciary duties, producer protection

Transcript Highlights:

• Bottom line, so let's talk about our methodology.
• The next line is the total general fund base, which starts at about $32 million in 2026 and grows to
• So, if we look back on slide six at the bottom lines, we have two lines: the estimated inflation for
• I’m happy to answer any questions. but there is a separate line for the but there is a separate line
• So the current status for the state in 26 and 27, there's about a $616 million surplus.

Bills: HF3

Keywords: legislative auditor, reporting, accountability, state finance, executive agency oversight, 1183, house