Transcript Highlights:

• in the Health funding to help fill gaps in the Health and<00:02:50.000> Human<00:02:50.319>
• I also serve as co-chair of health and finance and policy, and also volunteer as an EMT.
• We do not have a budget deal with the House finance because of this issue that the Democrats want to
• and as co-chair of health and finance and policy<00:06:17.919> and<00:06:18.240> also<
• a budget deal with the House finance a budget deal with the House finance because<00:09:11.440><

Keywords: 1187, senate, all

Transcript Highlights:

• for those students, but it may not fill in all of the gap for those students.
• for those students, but it may not fill in all of the gap for those students.
• for those students, but it may not fill in all of the gap for those students.
• It isn't going to cover some of the gaps we just talked about.
• alleviated my concerns about finances alleviated my concerns about finances allowing<01:35:01.239

Keywords: 1187, senate, all

Summary: The committee received an informational presentation from the Minnesota Office of Higher Education on the State Grant program and governor-recommended changes, with some discussion of North Star Promise. Staff explained that State Grant is the state’s largest financial aid program, intended to promote college access and choice for students with the highest financial need, and that it works alongside Pell Grants. They reviewed program eligibility, award calculation, and participation rules, and noted that the program serves a large share of low- and middle-income students, including many dependent students, student parents, BIPOC students, and adult learners. They also described how awards and spending are distributed across public and private institutions and how the agency projects spending using enrollment, tuition, and FAFSA data. A major focus was the current fiscal-year deficit in State Grant. Staff said the program is experiencing a shortfall driven by higher-than-expected enrollment, more students with greater financial need, and major FAFSA formula changes that increased the number of applicants with zero or negative student aid index values. They said the office has already rationed awards where allowed and imposed a FAFSA deadline for spring awards, and does not expect to fund some awards. Officials explained that if the program projects a surplus, they typically adjust the living and miscellaneous expense allowance to spend down funds; if it projects a deficit, they can increase student and family responsibility to reduce award sizes, but the program must stay within its appropriation. Senator Duckworth asked several questions about whether unused funds could be transferred between State Grant and North Star Promise, and how the two programs are treated. Staff said State Grant funds revert to the general fund at the end of the biennium, while North Star Promise uses a special revenue account, and that transfers may be possible but would need clarification under current authority. They referenced a prior legislative transfer from North Star Promise funds to cover a shortfall in the Fostering Independence Grant and said they would follow up on the exact transfer authority. No votes or formal actions were taken during the presentation and discussion.

Transcript Highlights:

• And if anyone, in fact, many years ago when we took the Legislative Finance Committee to the park, as
• they Many years ago when we took the Legislative Finance Committee to the park, as they took a look
• Things were completely different than they are out there, and there's a lot of gaps.
• Things were completely different than they are out there, and there's a lot of gaps.
• But, like the Secretary said, we still have some gaps.

Bills: SB211, SB131, SB183, SB222, SB246, SB254

Keywords: appropriation, local government, Las Vegas, Rodriguez Park, public facilities, zoning reform, building regulations, residential apartments, commercial use, multigenerational housing, local government authority, healthcare, urgent care, emergency services, feasibility study, medical facilities, physician training, medical residency, New Mexico, massage therapy

Transcript Highlights:

• Justin Hearse with the Department of Finance.
• I'm Justin Hurst, Department of Finance.
• Alexandra Wildman, Department of Finance: Finance has been made aware that College of the Canyons withdrew
• Yes, Mike McGinnis, Department of Finance.
• Yes, Mike McGinnis, Department of Finance.

Summary: The Assembly Budget Subcommittee on Education Finance held a hearing focused on California Community College budget proposals. Chair Alvarez opened by emphasizing the system’s role in access, transfer, workforce training, and serving more than 2 million students, while also noting persistent challenges in enrollment, persistence, transfer, and graduation. Public commenters and system representatives broadly supported COLA, enrollment growth funding, deferred maintenance, student support block grants, and additional flexibility for districts facing uncertainty. The first major panel covered the student-centered funding formula, COLA, and enrollment growth. The Department of Finance said the Governor proposes a 2.43% COLA ($230.4 million) and 0.5% enrollment growth funding ($30.4 million). The LAO said the COLA was reasonable and recommended funding at least the proposed growth amount, citing uneven enrollment recovery and regional differences. The Chancellor’s Office supported both proposals and asked for additional changes, including using the greater of current-year or three-year average for apportionments and lifting the 10% local enrollment cap, arguing these would better fund growing districts. Members questioned how the formula works, whether SCFF is improving outcomes, and how much additional funding would be needed under different growth scenarios. The committee then reviewed categorical program COLAs, Rising Scholars, career education proposals, IT proposals, and student housing. The Governor proposed a 2.43% COLA for selected categorical programs ($31.9 million). For Rising Scholars, the Governor proposed $30 million ongoing and removal of the cap on participating colleges; the LAO urged waiting for outcome data before doubling funding, while the Chancellor’s Office said the program is serving more students and supports equity for justice-impacted students. On career education, the Governor proposed $50 million for credit for prior learning and $50 million for a career passport; the LAO supported more reporting on credit for prior learning but recommended rejecting the career passport as too undefined, while the Chancellor’s Office supported both. On technology, the Governor proposed $162.5 million for a common cloud data platform and $168 million for a common ERP system; the LAO said both were premature or lacked sufficient planning and recommended rejection, while the Chancellor’s Office argued they would improve real-time data, security, and systemwide efficiency. The committee also heard an update on student housing: the administration said the 2024 shift to a lease-revenue bond model remains in progress for 13 approved projects, with 11 still active, and members asked about withdrawn projects and possible use of any returned funds. No votes were taken, and several items were held open for further discussion and May Revision updates.

Transcript Highlights:

• I call this meeting of the Committee on Housing Finance and Policy to order.
• I make the motion that House File 2140 be re-referred to the Committee on Elections Finance and Government
• If you look to slide six, I think this really is where you can see clearly the housing gap.
• That's where that gap is coming from. fixing housing Supply um and I've seen a fixing housing Supply
• <01:32:21.560> needed can be to permit and finance needed can be to permit and finance needed

Keywords: 1183, house

Transcript Highlights:

• Department, the Department of Transportation, and the Legislative Finance Committee.
• Some of the contributors to growth are wholesale trade, finance and insurance, manufacturing, and the
• I'm the Secretary of the Department of Labor and the Director of Finance and Administration.
• And on the same page, finance and insurance shows 20% growth.
• I have great respect for you and for their colleagues at the Legislative Finance Committee.

Transcript Highlights:

• Sarah Densis, a program evaluator at the Legislative Finance Committee.
• With those in mind, what you'll see today are trends, gaps, and opportunities.
• Some of this drop may be a cohort effect related to the post-pandemic recovery gap.
• And in this particular case, the gender gap happens to be significant.
• Essentially, here in science, we see the gender gap is widening again.

Transcript Highlights:

• I think that, as under the current financing structure, how we finance long-term care, they would be
• I think that, as under the current financing structure, how we finance long-term care, they would be
• I think that, as under the current financing structure, how we finance long-term care, they would be
• I think that, as under the current financing structure, how we finance long-term care, they would be
• I think that, as under the current financing structure, how we finance long-term care, they would be

Keywords: 928, house, all

Summary: The Committee to Study Long-Term Managed Care approved the prior meeting minutes as amended after correcting the first paragraph. The chair then outlined the committee’s plan to produce a preliminary report by October 1, with additional meetings to follow, since some questions remain about the federal One Big Beautiful Bill (OB3) and its effects on Medicaid financing and managed care. The main discussion focused on New Hampshire nursing home funding and how ProShare and MQUIP work. Members reviewed Medicaid rates, supplemental payments, intergovernmental transfers, and the role of federal matching funds. The chair and Mr. Litman concluded that OB3’s phase-down of payments above the Medicare rate likely would not directly eliminate ProShare or MQUIP in New Hampshire, but uncertainty remains about intergovernmental transfers and about how these payments would function if the state moved nursing facilities into managed care. Mr. Litman said managed care would likely require waivers for supplemental payments, and Texas was cited as an example of a state operating under such waivers. The committee also discussed dual eligibles, DNIP, PACE, and the possibility of carving out HCBS from nursing facility services. DHS said its managed care contract would allow the state to use MCOs for DNIP, with the goal of better coordination between Medicaid and Medicare, while PACE would likely require more study and might be more feasible in populated counties. Members also reviewed OB3’s new presumptive eligibility provisions and a state waiver request modeled on Washington’s approach, plus a separate grant for transitioning people from facilities back to the community. The rural health transformation fund was discussed as a possible source for workforce, telehealth, mobile integrated health, and other support investments, but not for direct construction or major building renovation. County representatives emphasized that any county role in PACE or DNIP would require significant vetting, infrastructure, capital investment, and a realistic timeline. The meeting ended with the chair saying the draft report would outline issues and possible alternatives, but not recommendations yet, and the committee adjourned without taking further action.

Transcript Highlights:

• Moving on, school finance, so on slide eight. you get a picture of all in funding on school finance and
• All of this money comes from the school finance system so the school finance system the first funding
• The gap there is close to $40,000. What does that look like?
• The School Finance Commission.
• finance system is not. leave with the child?

Keywords: 1184, house, all

Transcript Highlights:

• And then Monday, the general of finance.
• to fill in those gaps. to fill in those gaps.
• I think Susan Wilham and of Finance.
• They requested a projected funding gap.
• It's one of the critical finances.

Keywords: 924, joint, all

Transcript Highlights:

• I call the Human Services Finance Committee to order. Members, we have a quorum present.
• Chair, I don't see any frustration in the policy, but we'll wait for the finance.
• I think it's an important program; it's an important gap.
• Nor is it adequate to make up the funding gap.
• Multiple grant awards have helped the KAO fill a gap in dementia-specific needs.

Bills: HF2115, HF2276, HF1644, HF99, HF2068, HF2707, HF2704, HF2406, HF1674, HF1579

Keywords: human services, aging services, disability services, behavioral health, long-term care, nursing home, nursing facility, assisted living, waiver services, medical assistance, Medicaid, case mix reimbursement, PDPM, RUG, direct care and treatment, developmental disabilities, day services, positive support, guardian, conservator

Transcript Highlights:

• I do think that that there's some gaps.
• 79-E can help make tighter financing 79-E can help make tighter financing work<00:26:33.200>
• this gap. this gap.
• financing for these kind of housing because there's not a proper definition in statute.
• <02:06:21.080> of of their tax burden, leaving a gap of of their tax burden, leaving a gap

Keywords: 1191, senate, all

Transcript Highlights:

• To get there, we need to have that record of decision, and we need to have an initial finance plan.
• A draft finance plan is in the works as we finalize our program estimate.
• So it fits within needing to update a finance plan for the grant amendment program.
• And along the way, there were always gaps. And in retrospect, those gaps were pretty important.
• And along the way, there were always gaps. And in retrospect, those gaps were pretty important.

Summary: The Joint Oregon-Washington Legislative Action Committee met for a work session and public hearing on the Interstate 5 bridge replacement program. Program staff outlined major milestones, including the recent biological opinion, the Coast Guard’s opening of a public comment period on the Navigation Impact Report, expected decisions in early 2026 on navigational clearance and the final supplemental environmental impact statement, and a possible amended record of decision in 2026. They also discussed the Bridge Investment Program grant amendment deadline, the need for an initial finance plan, and ongoing community outreach and contractor engagement. Greg Johnson announced he was stepping down as program administrator, and Carly Francis introduced herself as interim administrator. A large portion of the meeting focused on design and cost questions. Staff said the program is studying fixed and movable spans, single- and double-deck configurations, and one versus two auxiliary lanes, with final recommendations to be made through the federal environmental process. They said the Coast Guard’s decision is central to what bridge configuration is permittable and to the timing of the updated cost estimate, which has not yet been released. Members pressed for more detail on cost drivers, potential impacts to businesses upriver, and whether the states would need to seek additional funding. Staff said they had reached agreements with four impacted river users, but the underlying evaluation materials are protected and not publicly releasable. The committee also reviewed transit-related questions. Staff explained that light rail remains part of the modified locally preferred alternative and that ridership and operations estimates are being updated using federal modeling methods. They said projected opening-day transit operations and maintenance costs have dropped from an earlier estimate of $21.8 million to about $10.3 million annually because the current model assumes lower frequency, with Oregon and Washington shares split by geography and fare recovery. Members raised concerns about TriMet’s financial stability and the need for a funding plan by fall 2027, ahead of a planned federal transit funding application in fall 2028. During public testimony, several speakers criticized the delay in releasing a new cost estimate and argued the project scope should be reduced if costs continue to rise. Testifiers from City Observatory and the Just Crossing Alliance said the project appears to be avoiding bad news, urged the committee to consider scope reductions, and questioned whether the active transportation and freeway components align with the project’s core purpose. The meeting ended with thanks to Johnson for his service and a transition to public hearing testimony.

Transcript Highlights:

• And then we have from the Legislative Finance Committee staff, we have Ruby Ann Esquibel and Alma Kassim
• The gaps between some of these disciplines may seem daunting at first.
• For mental health care providers, and they recognize that they can fill that gap.
• And we're seeing that even families receiving food assistance, there are gaps that remain.
• We want to give credit to the administration and the Department of Finance and Administration.

Transcript Highlights:

• funding gap caused by years of neglect. funding gap caused by years of neglect.
• The House Finance Committee, budget.
• members of the Senate uh Finance members of the Senate uh Finance Committee.<01:05:13.119> My
• the New Hampshire State Finance the New Hampshire State Finance Committee.<01:32:24.719> I
• House Finance Committee Democrats. House Finance Committee Democrats.

Keywords: 1191, senate, all

Transcript Highlights:

• These products have begun to replace payday loans as a preferred short-term financing product, often
• Despite high usage rates, these products are not consistently regulated by state consumer finance agencies
• product often used short-term financing product often used by<00:04:48.080> motans<00:04:48.800
• regulated by state Consumer Finance regulated by state Consumer Finance agencies<00:04:57.600>
• That exists under 152 should there be a delay in transition, and that would prevent any gap in access

Keywords: 1187, senate, all

Transcript Highlights:

• **Ashley Leach**: Good morning, I'm representing the Department of Finance and Administration with the
• State Board of Finance and also on the Public School Capital Outlay Council.
• It appears to me there's a huge gap.
• In the second slide, you'll see not as large of gaps. This chart is for lower income students.
• Albuquerque Collegiate is building a campus via their lease purchase financing for 642 students.

Transcript Highlights:

• I have my staff person, lead person on finance.
• And it's great to be back on the Senate Finance Committee.
• TIDC is financed by GR and GRD funds.
• The fellowships are designed to meet that gap.
• Turning to page 3, item 1 is the method-of-finance swap.

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards

Summary: The Senate Finance Committee held its first hearing of the 89th regular session, adopted nearly identical committee rules from the previous legislature by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the budget framework, emphasizing conservative spending, a $332.9 billion all-funds budget, and major priorities including property tax relief, public education, border security, health and human services, transportation, energy, and water infrastructure. She also introduced committee and leadership staff and described the hearing schedule and public testimony procedures. Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending, including a $23.8 billion ending balance, but warned that revenue growth is returning to more normal levels and that lawmakers should avoid using temporary spikes for ongoing commitments. Senators questioned him extensively about the Economic Stabilization Fund cap, sales tax trends, inflation, and whether the state should consider raising the cap or using severance-tax revenues differently. Hager said the Rainy Day Fund is expected to hit its cap, which would leave more severance-tax revenue in general revenue, and he stressed that infrastructure needs remain significant. The Legislative Budget Board then gave a detailed overview of SB 1 and the budget’s major components. LBB staff explained that the bill includes continued funding for the Foundation School Program, $850 million for the Texas State Technical College endowment, $1.3 billion for the Texas University Fund, $6.5 billion for border security, salary increases for correctional officers and state troopers, $3 billion for dementia research, higher community attendant wages, expanded community-based care, $5 billion for the Texas Energy Fund, and funding to clear volunteer fire department grant backlogs. They also outlined supplemental priorities such as water infrastructure, retirement legacy payments, rail grade separations, wildfire aircraft, and emergency facilities, and said the current controlling budget limit is the tax spending limit. A major portion of the hearing focused on property tax relief. LBB explained that prior-session relief grew from an expected $18 billion to $22.7 billion because of higher-than-anticipated property values and interactions among hold-harmless provisions, and that SB 1 continues and expands relief with $51 billion in total property tax relief, including $3 billion more for compression, $3 billion to raise the homestead exemption from $100,000 to $140,000, and a $500 million placeholder for business tax relief. Senators discussed the automatic nature of some of these costs, the effect of the non-homestead circuit breaker, the role of federal COVID funds, and the need to maintain school finance commitments if the state continues to compress school tax rates.

Transcript Highlights:

• Zana will fix it in finance. We have somebody on finance. Isn't that great?
• correct by finance.
• If not by finance correct by finance.
• to finance. Mr. Chair, I got shaken. to finance. Mr. Chair, I got shaken.
• So, before it gets to finance. So, Yes. So, before it gets to finance.

Keywords: 1187, senate, all

Transcript Highlights:

• uh the the gap that CDFIS are filling. uh the the gap that CDFIS are filling.
• I'm Dina Zubelake, CEO of Mind the Gap. Mind the Gap is growing.
• /c> of of Mind the Gap.
• Mind the Gap is of of Mind the Gap.
• Gap services. Gap services.

Keywords: 1187, senate, all