Video & Transcript Research : 'foreclosure surplus'
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CA
California 2025-2026 Regular Session
Assembly Select Committee on Housing Finance and Affordability Aug 27th, 2025
Transcript Highlights:
- Starting with land availability, the housing element, the arena process, the amendments to the Surplus
- Where is the master plan in surplus property with school districts and then creating the financing?
- Where is the master plan in surplus property with school?
- where is the master plan in surplus property with school districts and then creating the financing?
- And so I think exploring that space in addition to the surplus land the state might have and working
Summary:
The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down.
Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs.
Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.
OK
Oklahoma 2026 Regular Session
Appr/Sub-OMES REVISED Jan 21st, 2026 at 09:30 am
Transcript Highlights:
- agency changes vehicles or sells Vehicles do they not go through you before they're considered a surplus
- There are some agencies That have exemptions, but the vast majority of all vehicles would go through surplus
- , but it doesn't necessarily mean that they're coming to our Surplus facility, especially in a vehicle
- Some kind of check-off to make sure that this geo tab is removed before it goes to an auction for surplus
MN
Minnesota 2025 1st Special Session
House Republican Media Availability following adjournment of 2025 session 5/19/25
Minnesota House Floor Meeting
Transcript Highlights:
- House Republicans were very dug in in the fact that we know $18 billion of surplus was spent over the
- c><00:09:27.920>
$18 <00:09:28.320>billion <00:09:28.880>of <00:09:29.040>surplus - <00:09:29.519>
was that we know $18 billion of surplus was that we know $18 billion of surplus
NH
Transcript Highlights:
- And LBA will carry it as a surplus statement on the Schedule Two for us to know what bills are pending
- So it all came off the surplus statement. It's just a big negative number.
- So it all came off the surplus statement. It's just a big negative number.
- So it all came off the surplus statement. It's just a big negative number.
- So it all came off the surplus statement. It's just a big negative number.
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy May 19th, 2026 at 10:00 am
Select Committee on Pension Policy
Transcript Highlights:
- The bill creates a restated Left 1 fund, which I'll refer to as the RLF, and the pension surplus holding
- potential decrease in membership, based on life expectancy... ...based on life expectancy, and with a surplus
- —the money, let me rephrase that—the money is not put into the surplus holding account until June 30,
- We have plenty of surplus already allocated over that period of time, broken down into eighths.
- funds should be used for pension issues, and that's why it makes logical sense to use this excess surplus
Summary:
The Select Committee on Pension Policy approved its minutes by roll call vote, then postponed an OSA annual update due to a family emergency. The committee received an Open Public Meetings Act refresher from Assistant Attorney General Kate Adams, who reviewed key compliance points including quorum and serial meetings, notice and agenda rules, executive session limits, public comment requirements, and the consequences of violations. She also noted a litigation hold notice sent to members and provided resources for further guidance.
Staff then briefed the committee on E2 Second Substitute House Bill 2034, which restates and terminates LEOFF 1 on June 30, 2029, creates a restated LEOFF 1 funded by transferred assets, and places excess assets into a pension surplus holding account that could later be used by the state. The bill requires DRS to seek IRS guidance, directs OSA to calculate the transfer amount and assess any future unfunded liability, assigns implementation duties to DRS, OSA, the Pension Funding Council, the State Investment Board, and the Treasurer, and requires two SCPP studies on LEOFF 1 medical benefits and policy oversight. OSA’s actuary estimated the transfer to the surplus holding account at about $3.9 billion under current assumptions and said the bill increases the modeled chance of future state contributions if the restated plan falls below 100% funded; members asked about IRS timing, the 2029 transfer date, and whether the 110% buffer is sufficient.
The committee also received an update on the LEOFF 1 medical benefits study required by the bill. Staff said the study will examine the administration of pension boards and medical liabilities, likely focusing on medical benefits, and will gather anonymized data from local boards, cities, counties, and related agencies over the next three years. Members and public commenters discussed the number and structure of local boards, whether spouses receive medical benefits, and the possibility of regionalizing or consolidating administration. No action was taken, but staff said they would return with milestones and further updates.
Finally, staff outlined a possible Plan 3 study, prompted by DRS, to evaluate whether the original goals of Plan 3 have been met after 30 years. The proposed study would review historical context, member choice outcomes, policy questions, and possible recommendations over a two-year period. The committee also heard an update on new correspondence procedures, including a new online web form, a correspondence log in meeting packets, and removal of correspondence from the public website. During public comment, retiree groups urged the committee to pursue an ongoing COLA for PERS and TRS Plan 1, with interim ad hoc COLAs until then, while LEOFF 1 retirees urged caution about changing the current board structure and emphasized the complexity of medical benefit administration.
MS
Transcript Highlights:
- structure and can financial share and no future success of the system through window payments from surplus
- 04.480>
from the system through window payments from the system through window payments from surplus - Surplus incremental revenues could be used to support annual system expenses and/or pay down the authority
- need a proven reliable source of They need a proven reliable source of revenues.<00:20:02.320>
Surplus - Surplus cemental ranges could revenues.
Summary:
The committee took up several energy, utility, and infrastructure bills. Bill 2527 on solar decommissioning was presented as a landowner consumer-protection measure that would set statewide baseline requirements for solar lease agreements, preserve some freedom of contract, preempt duplicative local rules, and protect landowners from reclamation costs; after no questions, it was moved and passed. The committee also discussed changes to the Gulf Coast Regional Utility Act in HB 2058 and HB 2309, including new first-right-of-refusal language, prohibitions on unauthorized service, civil penalties and enforcement tools, and legislative intent language aimed at preventing duplication and protecting public investment; both were adopted as committee substitutes and passed. HB 2018 was amended to extend similar oversight to water systems, and it was reported after questions about the scope of the change.
Several bills focused on water and wastewater oversight. SB 2311 and SB 2312 would create statewide A-to-F grading systems for drinking water and wastewater systems, require annual public reporting, and direct the health and environmental agencies to adopt objective scoring rules; both were passed. SB 2526 would create a Mississippi Rural Water Oversight Committee, require rate studies, capacity studies, and asset management plans for water associations, and provide staffing and funding support from existing revolving-fund resources; it was adopted as a committee substitute and reported, with supporters saying it would help identify and assist troubled associations. The committee also heard a bill creating the Metro Jackson Water Authority, allowing a lease of city system assets, special revenue bonds to refinance legacy debt, and supplemental revenue sources such as sanitation fees and possibly sales tax revenues; the sponsor said no general fund money would be used, and the bill was reported.
The committee also advanced HB 2641, which was stripped down to a study committee on wind turbine facilities, grandfathered existing projects, and imposed a moratorium on new construction until the study is completed; members asked about existing projects and were told current projects under construction would not be penalized, and the committee substitute passed. SB 2783 would make targeted definition changes to BEAD-related broadband grant programs so remaining federal funds could support other state initiatives, including AI workforce training, and it was reported after questions about future federal guidance. Finally, HB 2787 would add propane to the school gas-leak testing statute; the sponsor said the inspections would not require additional state funding because propane dealers and the State Fire Marshal’s office already handle the checks, and the bill passed.
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Jan 12th, 2026
Children, Families, and Elder Affairs
Transcript Highlights:
- money in the groups of care because you pretty much have exhausted everything, you don't have any surplus
- cost reimbursement for what they project to spend, and that has created in Level 1 and child care surplus
- So we're taking those surplus balances of like $35 million, $36 million, that's here, and applying it
- cost reimbursement for what they project to spend, and that has created in level one in childcare surplus
- balances due to census growths, has created in level one in childcare surplus balances due to census
Keywords:
child protection, medical records, investigation, abuse, neglect, healthcare, Child Protection Team, diagnosis, Alzheimer's disease, Alzheimers, dementia, related dementias, brain health, early detection, caregiver support, elderly affairs, Department of Elderly Affairs, Department of Health, public health outreach, memory loss
Summary:
The committee met with a quorum and first heard SB 624, which would codify DCF’s current practice of allowing batterers intervention programs to offer supplemental faith-based activities so long as participation is voluntary. The bill drew support from faith-based and family organizations, which argued it would restore access to effective rehabilitation options and remove discriminatory barriers. SB 624 was reported favorably after a roll call vote.
The committee then heard SB 42, which would require child protective investigators and child protection teams to rely on qualified medical professionals when a child has a documented pre-existing diagnosis or when a parent requests an exam, and would require clearer notice to parents and custodians at the start of an investigation. Testimony overwhelmingly came from parents, advocates, and disability rights representatives describing cases in which medically complex children were allegedly misdiagnosed as abuse victims and families were separated unnecessarily. Members expressed sympathy and support, and SB 42 was reported favorably.
Next, the committee considered CS/SB 578, creating an Alzheimer’s disease awareness initiative within the Department of Elder Affairs to promote early detection, brain health education, research updates, and clinical trial awareness, with outreach focused on older adults and at-risk populations. An amendment was adopted to place the campaign within the Alzheimer’s Disease Initiative. A caregiver testified about the need for public education and early diagnosis, and the bill was reported favorably.
The committee also took up SPB 7018, a committee bill on child welfare that would extend the definition of “visitor” for foster homes to reduce repeated background checks, make the Step Into Success foster youth workforce pilot permanent and statewide, and create a program through the Florida Institute for Child Welfare to catalog best practices among community-based care lead agencies. The bill was approved as a committee bill and reported favorably. Finally, the Department of Children and Families presented its 2025-26 final funding methodology and rates report for community-based care. Members questioned the proposed tiered model, including insurance costs, risk corridors, prevention funding, performance measures, and regional funding disparities. No vote was taken on the presentation, but members discussed the possible need for follow-up legislation and additional stakeholder input.
MN
Minnesota 2025-2026 Regular Session
February 2026 State Budget and Economic Forecast Presentation - 2/27/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- We now project to end fiscal years 26 and 27 with a surplus of $3.7 billion, which is 1.3 billion more
- Left unspent, that surplus will carry forward into fiscal years 28 and 29.
- , that are improving people's the surplus, that are improving people's lives,<01:02:58.960>
but - <01:26:38.239>
That <01:26:38.400>is surplus and our reserve account. - That is surplus and our reserve account.
MN
Transcript Highlights:
- So the A2 amendment is just another conversation and trying to unlock surplus dollars and getting us
- I would again contend that my proposal is just removing the surplus dollars, however we want to look
- But those surplus dollars exist and they are not feeding anybody; they are a surplus.
- <00:54:12.520>
dollars <00:54:13.040>um is just removing the Surplus dollars um is - not feeding anybody they are a surplus not feeding anybody they are a surplus um<00:54:20.000>
Keywords:
HF51, Sibley County, State-Aid Highway 21, capital investment, bonding bill, general obligation bonds, transportation infrastructure, road improvements, sanitary sewer, water main, storm sewer, local infrastructure, county grant, Minnesota Department of Transportation, bond proceeds fund, public works, utility infrastructure, education finance, school district funding, tax base adjustment
KY
Kentucky 2026 Regular Session
House Legislative Session Day 34 (2-25-26)
Kentucky House Floor Meeting
Transcript Highlights:
- House Bill 467 addresses important issues related to the responsible management and disposal of surplus
- stateowned property, which by of surplus stateowned property, which by definition<00:22:59.360>
is - is by that controlling agency surplus is by that controlling agency declaring<00:23:11.039>
it - <00:23:42.720>
property identifies a potential surplus property identifies a potential surplus - ,<00:23:55.200>
it property be identified as surplus, it property be identified as surplus
Summary:
The House convened with an invocation and the Pledge of Allegiance, then established a quorum with 96 members present. The chamber excused absent members, suspended rules to allow bill and resolution co-sponsorship and vote modifications, approved the previous day’s journal, and received Senate messages announcing passage of Senate Bills 101, 129, 162, and 170. The clerk then reported second-reading bills and favorable committee reports, which were ordered to first reading and placed on the calendar.
The House then took up several bills on third reading. House Bill 521, relating to stalking, was presented as a modernization of Kentucky’s stalking laws and passed 95-0 after debate; a motion to reconsider was tabled. House Bill 220, relating to pension spiking in the Kentucky Public Pensions Authority systems, was amended by House floor amendment 1 to move the effective date back to July 1, 2021 to capture additional employees, then passed 95-0 and the clincher was applied. House Bill 510, relating to organ donation safety, passed 97-0 after explanation that it would require a pause and restart if anyone in the process believed there were indications of life.
House Bill 467, relating to real property, passed 96-0 after adoption of a committee substitute; it creates a process for local governments to identify abandoned or underutilized state-owned property and sets procedures for review, notice, and disposal. House Bill 190, relating to licensed child care centers, passed 96-0 after a committee substitute that adjusts square-footage calculations for certain school-aged child care areas and excludes infants and toddlers. House Bill 141, relating to type 1 diabetes, passed 96-0 after a committee substitute removed an annual distribution requirement and instead made informational materials available in school offices; members spoke in support, including one describing a family experience with the disease.
House Bill 518, relating to collection of local business taxes and fees, passed 91-3 after a committee substitute that allows electronic filing while preserving local control, creates an advisory committee, and phases in implementation through July 2029. House Bill 497, relating to post-secondary tuition waivers, was explained as addressing waiver costs to universities and was amended with House floor amendment 3 to expand and clarify eligibility, including up to 128 hours for eligible students and additional provisions for certain groups; discussion was underway when the transcript ended. The meeting also included committee reports on bills covering wildlife depredation, light pollution, limited commercial driver’s licenses, prison educational programs, civil rights, respiratory care, dietitians, temporary structures, controlled substances prescribing authority, the Athletic Trainer Compact, children of military families, local boards of education, youth health services, and class sizes for exceptional children and youth.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-02-19 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- I want to say I'm very happy we put that amendment on about the Everglades, about the surplus land, but
- I want to make sure that we clarify and everyone understands the surplus land procedure.
- A surplus land procedure required DEP to find that the land no longer serves conservation purposes?
- DEP already has a mechanism in place to recognize surplus lands today.
- So does the surplus lands get voted on by ARC and the governor and the cabinet?
Summary:
The Senate convened with an opening prayer, pledge, and a series of gallery introductions recognizing visitors, local officials, students, and public safety personnel. The chamber first took up a report from the Ethics and Elections Committee on 42 executive appointments; after Senator Gaetz explained that the committee had reviewed the appointees’ qualifications and suitability, the Senate adopted the report and confirmed the appointments by a 36-0 vote.
The Senate then moved through a long special-order calendar focused largely on open-government sunset reviews and other policy bills. It passed measures to continue or consolidate public records and meeting exemptions for aquaculture records, agency-held trade secrets, and cybersecurity information, with one technical amendment adopted on the cybersecurity bill. The chamber also approved bills extending the statute of limitations for failure to report child abuse, strengthening regulation of commercial driving schools, requiring human trafficking education for nursing graduates, creating a new injunction for protection against serious violence by a known person, and making the related public-records exemption. Additional bills passed included a nature-based coastal resiliency measure with an amendment restricting dredge-and-fill in Terra Ceia Aquatic Preserve, a chiropractic trust-funds bill, specialty license plates, a one-time waiver of late financial disclosure fines, public school personnel compensation changes, the annual Department of Agriculture and Consumer Services “Farm Bill,” homestead exemption clarification for long-term leaseholders, disability-presumption clarifications for first responders, reinsurance intermediary manager changes, patriotic displays in public schools, ADS-B fee restrictions, autism-related law enforcement training and a Blue Envelope program, campus safety policy transparency at public colleges and universities, and veterinary prescription disclosure. Several bills were temporarily postponed, including local vessel restrictions, temporary certificates for practice, and domestic animals.
The Senate also debated and passed a bill allowing licensed insurance agents to market health care sharing ministries, despite concerns raised by Senator Polsky about consumer confusion, commissions, and the sale of non-insurance products; supporters argued it restored free speech, religious liberty, and consumer choice. The chamber approved the bill 32-5 after debate. Most other measures passed with strong bipartisan support, often by unanimous or near-unanimous votes, and several companion House bills were substituted in place of Senate bills before final passage.
TX
Transcript Highlights:
- The surplus should be returned to the people not spent.
- So when you talk about a state surplus, the state doesn't get that money.
- I think you were saying there was a surplus of sales tax.
- Is that we don't have a surplus of property taxes, but we do have a surplus of sales tax.
- I just think the distinction here is that that's excess or surplus sales tax not property tax.
NM
New Mexico 2025 Regular Session
IC - Radioactive and Hazardous Materials May 29th, 2025
Radioactive & Hazardous Materials Committee
Transcript Highlights:
- What we didn't want was DOE to include the surplus plutonium at Savannah River for a variety of reasons
- , but one of them being that one, surplus plutonium does not meet the waste acceptance criteria, it has
- Um, The reference that surplus plutonium plus the adulterant would then become transuranic waste.
- And so, surplus plutonium being one of those that's identified in the, the disposal plan.
- So what we're asking DOE again is to exclude surplus plutonium as identified in the plan as legacy waste
MN
Minnesota 2025-2026 Regular Session
Minnesota Management and Budget forecast projects surplus for the state, but uncertainty remains Mar 7th, 2026
Minnesota Senate Floor Meeting
Transcript Highlights:
- Management and Budget's February forecast finds the state's projected deficit has been replaced with a surplus
- A looming deficit to a projected surplus in just a few months.
- We now project to end fiscal years 26-27 with a surplus of $3.7 billion, which is $1.3 billion more than
Summary:
Minnesota Management and Budget’s February forecast reported that the state’s projected deficit has turned into a surplus, with an estimated $3.7 billion balance for fiscal years 2026-27 and a projected $377 million positive balance for FY28-29. Officials said the improved outlook is driven by a slightly stronger national economy and higher forecast revenues, but they cautioned that the state remains in a strong yet not secure position.
A major concern discussed was federal funding uncertainty. CMS has indicated it may withhold $515 million per quarter in Medicaid Assistance reimbursement, and separately notified the state it would defer $260 million in Medicaid reimbursements pending further information. Those potential losses are not included in the forecast, but lawmakers were told federal funds account for about one-third of state agency spending and that budget flexibility may be needed if cuts occur.
Speakers also noted that Minnesota still faces a structural budget imbalance despite progress made last session. Current biennium spending is projected to be $68 million lower than earlier estimates, but planning estimates are up $152 million since the last forecast. Several lawmakers emphasized affordability concerns for residents, citing rising delinquency rates, increasing unemployment, flat wages, and the need to focus on tax conformity, vehicle tab fees, and property taxes. Members from both parties said they want to continue working together on budget solutions and spending restraint.
MN
Minnesota 2025-2026 Regular Session
House/Senate Press Conference 4/8/25
Transcript Highlights:
- At the same time, we also recognize that we do not have an $18 billion surplus.
- Okay, we do not have that surplus. So, we have to work within the means that we have.
- Okay, we do not $18 billion surplus.
- Okay, we do not have<00:18:30.400>
that <00:18:30.640>surplus. - So, we have to work have that surplus.
Summary:
The meeting focused on the financial and workforce crisis facing Minnesota emergency medical services, especially ground ambulance providers in rural areas. Michael Johnson of the Minnesota Ambulance Association said EMS serves more than 600,000 Minnesotans a year and argued that reimbursement rates do not cover the cost of readiness, staffing, and 24/7 response. He and others called for ongoing EMS sustainability funding of about $50 million, higher Medicaid reimbursement, and continued support for EMT/paramedic scholarships, first responder training, and high school EMS programs.
Senator Grant Hoschild and Representative Jeff Backer echoed the urgency, describing EMS as a moral imperative and emphasizing that rural communities cannot wait for ambulances when lives are at risk. Backer, who also volunteers as an EMT, described staffing shortages, reliance on volunteers, and a recent cardiac arrest response to illustrate the importance of local EMS coverage. Becca Hitch of PUM Area EMS said rural services are paid only when patients are transported, not for responding or treating on scene, and that one-time aid helped but did not solve underlying deficits.
Bradley Peterson of the Coalition of Greater Minnesota Cities said local governments that hold ambulance licenses are being forced to absorb unrecovered costs through property taxes, and that state support is needed to prevent service failures and rising local burdens. In response to questions, speakers said a 2023 statewide study found about $120 million in need, with roughly half tied to operational deficits and half to volunteer support; last year’s aid included about $24 million for rural services and some improvements in volunteer call pay and equipment needs. They also discussed a proposed 10% Medicaid increase, possible special tax district ideas, and the need to target any new funding toward rural services most at risk.
NH
New Hampshire 2025 Regular Session
House Finance Division I (01/16/2025)
Transcript Highlights:
- document and you'll start to see some of the, you know, accounting unit or you'll see Mike Kane's surplus
- So moving on to page 10, I'll just interrupt and say I find the surplus statement to be hugely useful
- c><00:22:17.360>
um <00:22:18.360>Mike <00:22:18.679>Kane's <00:22:19.159>Surplus - you'll see um Mike Kane's Surplus you'll see um Mike Kane's Surplus statement<00:22:20.279>
you - 10 I'll just interrupt and say I find 10 I'll just interrupt and say I find the<00:22:34.000>
Surplus
Summary:
The meeting was an introductory Division One budget briefing led by Legislative Budget Assistant staff Melissa Rollins and Jack Mullen. They explained staff roles and agency assignments within Division One, noting that Jack is taking over the General Government category while Melissa handles Categories 2 and 3, and that members can contact either staffer with questions. They also reviewed the upcoming budget calendar, including the governor’s budget presentation expected in mid-February, agency hearings beginning around February 17–20, a Division One deadline around March 26, and House Finance reporting deadlines in early April.
A major portion of the discussion focused on how to read fiscal notes and the difference between expenditures and appropriations. Staff used sample language to explain that a bill may show an expenditure estimate without actually authorizing funding or new positions, and that a zero appropriation means the agency is not authorized to spend the estimated amount unless the bill is amended. Members asked questions about why a bill could show costs but still not authorize spending or hiring, and staff clarified that new positions require specific legislative authorization and classification detail. They also noted that many bills will have expenditure lines without appropriations, and that amendments may be needed if the committee wants to fund or authorize the program.
The rest of the meeting walked members through the HB 1 and HB 2 tracking documents used by the division. Staff explained that HB 1 tracking sheets record additional agency requests not included in the governor’s budget, including requests that may be zero-net transfers, corrections, or new spending items, and that grayed-out items indicate actions already taken. They said HB 2 will be handled through a similar tracking process, with amendments routed through LBA staff and the Office of Legislative Services. Members were told that the division will review agency budgets, class lines, and proposed changes over roughly six weeks, with the goal of preparing a detailed change report for full House Finance.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 02/24/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- Otherwise, I'll turn to the last item, and it has to do with pension surplus.
- think of the word surplus, sort of an extra amount that is there to be spent right away.
- from the point of view of a that surplus from the point of view of a pension<00:12:06.000>
system - , sort of an think of the word surplus, sort of an extra<00:12:10.079>
amount <00:12:10.480> - if and when you get pension surplus if and when you get there.<00:12:36.800>
That <00:12:37.040
NH
Transcript Highlights:
- Just an example of a surplus statement: this is a requirement.
- statement this is a require a surplus statement this is a require state<00:16:37.319>
has <00: - <00:16:44.079>
statement <00:16:44.639>for will prepare a surplus statement for will - prepare a surplus statement for General<00:16:45.920>
uh <00:16:46.079>education <00:16 - As you know, at the end of the biennium, any surplus will go to the rainy day fund, which currently has
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/17/2025)
Transcript Highlights:
- Do we have a surplus statement? Mention of section 11—what page is it?
- So the surplus statement we got for the overall budget with our ways and means revenue is that we're
- would carry that on the Surplus would carry that on the Surplus statement<01:31:26.760>
because - If you decide to do something different, we would reflect that on the surplus statement.”
- would reflect that on the Surplus would reflect that on the Surplus statement<01:34:21.280>
yeah
Summary:
The committee first took up a House Bill 2 amendment to remove a bail-related section that had already passed in another bill and was now considered duplicative. Members discussed the earlier change to how bail commissioners are reimbursed, concerns that the Judiciary was losing money collecting the fees, and whether the magistrate-related language would still be needed. They noted the bill had already crossed over to the Senate, that the section was obsolete, and that any remaining issue about magistrates’ five-year terms might need to be raised with the Criminal Justice Committee. Amendment 997H, deleting section one, was moved, seconded, and adopted unanimously.
The committee then reviewed a package of HB 1 position transfers involving the Department of Environmental Services, Fish and Game, and the Department of Natural and Cultural Resources. Staff explained that several positions were being shuffled to correct position numbers and align permitting functions, including one Fish and Game position moving back to Fish and Game, one DEES position remaining funded after ARPA money ends, and adjustments to hours for permitting and environmental services positions. Members discussed whether the Fish and Game position had been intended to be temporary, but ultimately agreed to accept the first four Environmental Services items and the last two Natural and Cultural Resources items as a package; that motion passed unanimously. They then also accepted sections 2 through 8 of HB 1 with the related amendments and footnote language.
The committee next turned to dredge-and-fill fee changes in section 11, where one member objected to a 50% fee increase for seasonal docks, arguing it could discourage permitted work and might apply to repairs that only require notification. Staff said the increase was intended to help cover the cost of additional positions in future biennia, but members decided to hold that section for more information, including how many seasonal dock repair fees are actually collected. Finally, the committee began discussing HB 215 and a proposed tipping-fee/surcharge structure to make a solid waste accounting unit self-funded, with members saying the fee could offset about $2.9 million in general fund costs and support the grant program, but no final action was taken on that item in the portion of the meeting provided.
MN
Minnesota 2025-2026 Regular Session
House Republican Media Availability 5/14/26
Minnesota House Floor Meeting
Transcript Highlights:
- So, even back when there was an $18 billion surplus, Democrats chose not to invest in the upgrading of
- :07:26.440>
dollar when there was an 18 billion dollar when there was an 18 billion dollar surplus - 28.280>
chose <00:07:28.680>not <00:07:29.080>to <00:07:29.280>invest surplus - , Democrats chose not to invest surplus, Democrats chose not to invest in<00:07:29.840>
the <00
Summary:
House Republican leaders held a brief end-of-session update describing a negotiated agreement with the governor and legislative leaders that they said would make Minnesota more affordable and improve fraud prevention. They highlighted passage of an independent Office of Inspector General, which they said was a top priority to combat fraud and waste in state government, along with county IT modernization as another fraud-prevention measure. They also said the deal includes $125 million in property tax cuts, $250 million in car tab fee reductions, and no extension of the Hennepin County ballpark tax, which they said allowed help for HCMC without raising taxes.
The leaders also described additional spending and policy items in the agreement, including $30 million for distressed hospitals statewide, higher MA rates for HCMC, a nine-month delay in PFAS reporting requirements for businesses, and school safety funding. The school safety package was said to include anonymous threat reporting, school-linked mental health, mobile crisis teams, and security improvements for public officials and the Capitol campus. They said a $1.2 billion bonding bill remained part of the broader negotiations and would support infrastructure projects.
In response to questions, the leaders said the House would continue to follow a single-topic committee process and would not take up broad omnibus bills. They said gun-violence-related bills had already been heard in committee and on the floor, where they failed on party-line votes, and argued that the school safety measures moving forward were bipartisan and did not include gun bans. They also said the car tab fee relief was only secured for one year, and expressed hope that future elections would give Republicans more leverage to continue the affordability agenda.