Video & Transcript Research : 'fiscal note'

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MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 2/24/26

Higher Education Finance and Policy

Transcript Highlights:
  • from fiscal year 27 to fiscal year 26. from fiscal year 27 to fiscal year 26.
  • in fiscal year 23.
  • in fiscal year 23.
  • in fiscal year 23.
  • in fiscal year 23.
Keywords: 1183, house
NH

New Hampshire 2026 Regular Session

Senate Transportation (04/21/2026)

Transportation

Transcript Highlights:
  • <00:45:08.960> note<00:45:09.599> exceeding aside due to the fiscal note exceeding
  • And that what's that fiscal a decal. And that what's that fiscal note? note? note? >> 25,000.
  • As it relates to the fiscal note, the fiscal note will not change any changes that we're making to our
  • As it relates to the fiscal note, the fiscal note will not change any changes that we're making to our
  • note comes that's where that fiscal note comes from. from. from.
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 2/23/26

Health Finance and Policy

Transcript Highlights:
  • So the fiscal note we talked about just briefly—the fiscal note isn't even here yet.
  • >> Um, we need a fiscal note. >> Um, we need a fiscal note. >> Six.
  • fiscal note is still in website the fiscal note is still in process<00:46:57.920> and<00:46:58.079
  • Thus some fiscal notes haven't come in.
  • <00:49:22.400> note I'm curious will there be a fiscal note I'm curious will there be a fiscal
ND

North Dakota 2026 1st Special Session

Legislative Management Jun 11th, 2026

Legislative Management

Transcript Highlights:
  • it's common with fiscal notes that there often is a bit of a range.
  • We need to assign a fiscal note to this, and, Consistent with what Mr.
  • It just says provide a fiscal impact.
  • Generally, when you, during a session, you do fiscal notes, you do bienniums first and subsequent, but
  • part of the fiscal note.
Summary: The Legislative Management Committee met to fill a vacancy created by Representative Jared Hagert’s resignation, and the House majority recommended Representative Berg to replace him on the committee. The motion to appoint Berg was approved unanimously. The committee then took up its assigned task of estimating the fiscal impact of Initiated Constitutional Measure No. 3, the school meals measure, which would require public schools, and optionally nonpublic and tribal schools, to provide breakfast and lunch at no cost to students and reimburse schools through state funds after federal reimbursements are maximized. Legislative Council’s Liz Fordall summarized the measure’s requirements and answered questions about implementation, including the 2027-28 start date, the measure’s interaction with the Legacy Earnings Fund, and the fact that the Legislature would still control the funding source. DPI’s Linnell Johnson then testified at length on current school meal programs, direct certification, CEP and Provision 2 participation, and likely behavioral changes if the measure passed. She estimated the biennial fiscal impact at $124 million to $134 million, with an additional roughly $300,000 in administrative costs, and explained that the estimate assumed higher participation and some schools shifting to CEP/Provision 2 to preserve federal reimbursements. She also noted that if no new applications were filed in non-CEP schools, the cost could be substantially higher. After discussion, Senator Sorvaag moved to report a fiscal impact range of $124,300,000 to $134,300,000 per biennium to the Secretary of State, and the motion carried. The committee also received an informational update from Legislative Council attorney Dustin Richard on the ongoing redistricting litigation, explaining that the U.S. Supreme Court vacated the Eighth Circuit’s prior ruling and remanded the case for further consideration in light of Louisiana v. Callais, leaving the court-imposed map in effect for now. No action was required on that item, and the meeting adjourned after a brief note that the prior minutes would be brought back at a later meeting.
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 second part would be a review of the actuarial fiscal note for the bill.
  • The second part would be a review of the actuarial fiscal note for the bill.
  • To be clear though, all of this information was included in the actuarial fiscal note.
  • Starting first with those page one takeaways you'll find in an actuarial fiscal note.
  • And we actually said on page 1 of the fiscal note that it's an eightfold increase.
Keywords: 904, all
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.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 086 Part 2 Apr 10th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • fiscal year. fiscal year.
  • It almost requires a new fiscal note to be drawn up to see what this program now is going to cost if
  • It almost requires a new fiscal note to be drawn up to see what this program now is going to cost if
  • Institutions for and during the fiscal year beginning July 1, 2026, except as otherwise noted.
  • otherwise noted. otherwise noted.
Keywords: 981, all
Summary: The committee and floor took up House Bill 1411, which concerned the Cover All Colorado program. Debate centered on whether removing the program’s cap would create an open-ended entitlement and add pressure to the state budget. Supporters and opponents argued over fiscal impacts, with several members saying the program had grown far beyond its original cost estimate and that the state needed to protect the budget and maintain a balanced plan. The bill was ultimately passed as amended. House Bill 1412 was then considered, authorizing the Department of Health Care Policy and Financing to use statistical sampling and extrapolation to recover Medicaid overpayments in certain provider audits, including ABA therapy and non-emergency medical transportation. Sponsors said the measure would help recapture millions in overpayments tied to fraud, waste, and abuse, and noted safeguards such as strict benchmarks, internal audit review, and a third-party audit firm. An amendment striking the word “alleged” from the bill was adopted, and the bill passed as amended. House Bill 1413, which changes leave provisions for certain public servants, was also approved. The bill removes a statutory cap on how much sick leave state employees may earn, while leaving actual leave policies to departments and bargaining agreements, and increases annual military leave to align with federal law. Members described it as a modest employee-benefit measure in a year without across-the-board pay raises. The House also laid over House Bill 1410 until later in the day and received the committee of the whole report on a large slate of other bills. Later, Representative Richardson sought to reverse the committee’s action on an amendment to House Bill 1389, which involved the comprehensive human sexuality education grant fund, arguing the grant program should be repealed if it is no longer funded.
CA
Transcript Highlights:
  • As noted in your agenda, last year our office published.
  • We will have a fiscal cleft by June.
  • to collect feedback on the types of fiscal management.
  • the comprehensive fiscal display.
  • I hope you young folks are taking note.
Keywords: 988, house, all
NH

New Hampshire 2025 Regular Session

House Finance Division I (03/05/2025)

Transcript Highlights:
  • <00:06:39.720> note that out we will in our uh fiscal note that out we will in our uh fiscal
  • > and<00:20:42.320> it a fiscal note worksheet request and it a fiscal note worksheet request
  • There is a revised fiscal note packet on your desk and the packet of bills, so this fiscal note that
  • , so you'll have two packets. you it is in your revised fiscal note you it is in your revised fiscal
  • note where if there speculative fiscal note where if there was<04:05:26.520> a<04:05:27.239><
Keywords: 928, house, all
Summary: The committee took up House Bill 2 provisions affecting the New Hampshire Retirement System, focusing on Group 2/Tier B retirement changes in pages 25 through 39 of the bill. NHRS Executive Director Jan Goodwin and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions and to HB 727, with the main difference being that the 2025 version does not include the earlier increase in the maximum benefit. They also said the fiscal note for HB 2 is based on earlier actuarial work and that an updated valuation was expected later in the week. A major topic was whether the bill accidentally removed an anti-spiking or special-duty compensation limit. NHRS said the omission appears to be a scrivener’s error caused by moving language between Group 1 and Group 2 definitions, and they planned to flag it in the fiscal note. Members also reviewed the bill’s intent to restore Tier B members to pre-2011 benefit rules, including changes to earnable compensation, average final compensation, and the comp-over-base rule. Some members questioned whether restoring those older rules was appropriate, arguing the 2011 changes were meant to curb pension spiking and that undoing them could be problematic. The committee also discussed the bill’s cost and funding assumptions. NHRS said the 2025 bill would reduce unfunded actuarial liability by about $98.2 million and would have a more favorable effect than the 2023 version, while employer contribution impacts would remain relatively small. Members noted the bill assumes annual appropriations of $27.5 million for 10 years, but House Bill 1 currently provides only $5 million in the first year, and NHRS had not yet analyzed the effect of that shortfall. No votes were taken in the portion provided; the discussion was informational and focused on clarifying the bill’s language, intent, and fiscal impact.
NH

New Hampshire 2025 Regular Session

Fiscal Committee (10/17/2025)

Transcript Highlights:
  • scheduled for the rest of the fiscal scheduled for the rest of the fiscal year.<00:37:25.440>
  • six during the remainder of this fiscal six during the remainder of this fiscal year.<00:37:37.520
  • and one was unresolved. table of contents, you will note that table of contents, you will note that there
  • the fund through fiscal year 2034. the fund through fiscal year 2034.
  • c> unusual We noted no significant unusual We noted no significant unusual transactions<01:19:59.679
Keywords: 1189, house, all
Summary: The committee first adopted the September 5 minutes and then approved the remaining consent calendar items after removing several bills for separate consideration, including 25-252, 25-248, 25-251, and 25-253. The committee then took up 25-252 from the Department of Natural and Cultural Resources, where members asked about the arts tax credit program, staffing, and volunteer coordination. Department representatives said the program had recently been authorized, forms had been finalized, three of six laid-off staff had been rehired through a federal grant, and the agency was now trying to recruit participants. Members also discussed whether tax-credit-raised funds could count as federal match; the department said they could not, because federal rules require state dollars. The item was adopted. The committee next considered 25-248 from the Department of Safety, which was described as a technical correction moving funds from equipment to hardware and software after consultation with the Department of Administrative Services. A member asked about “buy American” waivers, and the department said it would follow up with more information. The item was adopted. The committee then approved 25-251 from the Department of Administrative Services, which included discussion of ongoing problems with Anthem’s retiree health plan mail-order pharmacy. Department staff said many issues were tied to implementation changes and prescription renewal rules, that some complaints were being resolved through the vendor and the retiree health office, and that the contract would be rebid in the coming year, likely causing further changes. On 25-253 from the Department of Health and Human Services, members questioned the department’s September 5 health alert and whether it diverged from CDC guidance. DHHS said the alert was an annual evidence-based guideline for respiratory virus season and immunizations, largely aligned with CDC recommendations, and that some differences reflected timing and population-specific guidance. The item was adopted. The committee then heard 25-237 from the Department of Justice on the annual litigation fund request. Attorney General John Formela said the request was about $4.3 million, roughly 40% below last year and below the five-year average, with major costs tied to YDC civil and criminal litigation and some DHHS class actions. A member criticized the large increase over the budgeted $350,000 and said the budgeting approach should be corrected in the next cycle. Another member asked about YDC settlement reductions; the attorney general said confidentiality limited specifics, but explained that under the new statute the office had accepted well over half of administrator awards, rejected some, and negotiated lower amounts in others while still resolving most cases. The item remained under discussion at the end of the excerpt.
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 2/25/26 - Part 1

Health Finance and Policy

Transcript Highlights:
  • In terms of the cost, I can't speak to that, but we can certainly do a fiscal note.
  • I will say certainly do a fiscal note.
  • Representative Gilman, did you ask the department for a fiscal note or a TA on this? Do we have it?
  • <00:40:57.599> note<00:40:57.839> or ask the department for a fiscal note or ask the
  • <01:04:41.039> note Um, and I don't see a fiscal note Um, and I don't see a fiscal note attached
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING Jun 5th, 2026

LEGISLATIVE JOINT AUDITING

Transcript Highlights:
  • Staff also noted that one committee-requested report is outstanding and currently in progress.
  • The audit for fiscal year 2025 resulted in 33 findings.
  • If you can see mine, you can see all the little Post-it notes where I've had questions.
  • But this kind of feeds into the note that you see on page 93.
  • “So noted.” “Flag it to be discussed in August, please. Thank you.” “So noted, Senator Hammer.
Summary: The committee met to adopt prior minutes and reports from its executive and standing committees, including counties and municipalities, educational institutions, and state agencies. Those reports covered routine audit activity, delinquent private water and sewer audits, municipal accounting compliance issues, education audit findings, and several state agency audit items. The committee also reviewed and adopted the State of Arkansas annual comprehensive financial report for fiscal year 2025 and the related single audit report, both presented by Legislative Audit staff. The state financial report showed unmodified opinions on the state’s financial statements and described total assets of about $41.9 billion and liabilities of about $11.1 billion, along with retirement system assets of $39.9 billion and a net pension liability of $9 billion. Two material weaknesses were identified: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and a Division of Workforce Services methodology change for unemployment-related estimates that was not properly documented or approved. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed; it resulted in 33 findings, 14 with questioned costs totaling $16.6 million, and qualified opinions for the Summer EBT program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Members questioned agency officials in detail about the Summer EBT questioned costs, DHS unresolved findings, broadband grant documentation, cyber security controls, workers’ compensation liabilities, and child care funding and reporting. DHS explained that the Summer EBT issue involved drawing federal funds in advance rather than as benefits were redeemed, and said the process has been corrected. Broadband officials said the questioned $6.6 million reflected documentation-detail disagreements across many invoices rather than missing payments. OST officials described new logging, endpoint detection, and phishing-training efforts, and DFA and Education officials addressed specific audit findings and corrective actions. The committee ultimately moved to hold the two large statewide reports over until the August meeting for further review, with discussion continuing on whether to release some agency staff in the meantime.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 13th, 2026 at 01:35 pm

House Appropriations & Finance

Transcript Highlights:
  • We actually closed thirty individuals during the federal fiscal year, twenty-seven in the state fiscal
  • years and funded it over two fiscal years.
  • 24 to fiscal 25.
  • In fiscal 26, we did not receive any special appropriations.
  • in the next half of Fiscal 26.
Keywords: 996, all
NM
Transcript Highlights:
  • Fiscal year 27, they'll keep flowing out.
  • One of the things to note is that P.E.D. has hands-on application with each program.
  • year 27 through 29. in future fiscal years from the PERF, if you all chose.
  • And so what's different about these is that they'll be over those three fiscal years.
  • Again, you can note. Males tend to outperform females in this subject area.
MN

Minnesota 2025 1st Special Session

Committee on Health and Human Services - 01/30/25

Health and Human Services

Transcript Highlights:
  • This recommendation invests $5.4 million in fiscal year 2026 and 2027, and $2.8 million in fiscal year
  • survey asked for quantitative data for state fiscal years 2018 to 2022.
  • <01:09:27.520> years<01:09:27.799> was five State fiscal years was five State fiscal
  • <01:14:12.320> management institutions fiscal management institutions fiscal management processes
  • <01:25:59.800> strain unsustainable fiscal strain unsustainable fiscal strain necessitating
Keywords: 1187, senate, all
Summary: The Health and Human Services committee heard a presentation from Department of Children, Youth, and Families Commissioner Tiki Brown on the department’s 2025 budget and transition plans. Brown said the governor’s budget pairs targeted reductions with modest investments, resulting in net general fund savings, while preserving core safety-net programs. Major proposals included funding for program integrity, modernization of the child welfare SSIS system, compliance changes for the Child Care Assistance Program (CCAP), operating adjustments, and a transition account reallocation as the new department continues moving programs from other agencies through July 1, 2025. A large portion of the discussion focused on CCAP fraud prevention and oversight. Brown and Assistant Commissioner Diane Hy explained that the proposed statewide electronic attendance recordkeeping system would replace retroactive paper-based attendance reporting with more timely data, making it harder to falsify attendance and claim payments improperly. Brown also said the department is working with the Department of Human Services Office of Inspector General and other partners on compliance and fraud controls. Senators pressed for more detail on current enforcement, whether payments can be withheld for violations, and whether recent media reports showed gaps in oversight; Brown said payments can be stopped for false attendance records, suspended or revoked licenses, or fraud allegations, but not for health and safety violations alone. The committee also reviewed other budget-neutral policy changes, including expanding permanency support services for relative foster care and tribal equivalents, strengthening tribal child welfare grants, updating TEACH scholarship rules for early childhood educators, and adjusting the Great Start Compensation Support Payment Program to create a special revenue fund and extend a 10% payment increase to tribally licensed programs and programs on tribal reservation land. Brown also described a $1.5 million annual reduction to restorative practices grants, leaving a smaller ongoing base. No votes or formal actions were taken during the hearing.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 9th, 2026 at 10:03 am

Senate Finance

Transcript Highlights:
  • They're asking for bar authority for next fiscal year.
  • Okay, and the fiscal year, Mr. Chair—sorry, the fiscal year extends into the next administration?
  • You authorized it for one fiscal year.
  • fiscal year.
  • and into next fiscal year, Mr.
Keywords: 996, all
HI

Hawaii 2026 Regular Session

House Chamber - Thu Mar 19, 2026, 12:00PM HST - Day 30

Hawaii House Floor Meeting

Transcript Highlights:
  • . >> [applause] And just a quick note, too, she helps the first- and second-year teachers.
  • ; And<00:39:21.880> just<00:39:22.040> a<00:39:22.080> quick<00:39:22.280> note
  • :22.520> too,<00:39:22.960> she<00:39:23.120> helps >> And just a quick note
  • , too, she helps >> And just a quick note, too, she helps the<00:39:23.440> first-<00:39
MA

Massachusetts 2025-2026 Regular Session

Senate Session Jun 21st, 2026 at 01:00 pm

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • As we move closer to adopting a budget for the fiscal year, which will begin very, very shortly.
  • Today, we will be considering the conference committee report on the fiscal year 2026 budget.
  • year for which this budget covers, fiscal year 2026.
  • year for which this budget covers, fiscal year 2026.
  • I know how much he focuses on these issues and how much he focuses on fiscal discipline.
Keywords: 995, all
Summary: The Senate first took up and passed several House bills establishing sick leave banks, including House 4182 for a Massachusetts Department of Transportation employee and House 1590 for Eric J. Awaniak. It also advanced and then enacted House 4237, a fiscal year 2026 appropriations bill providing interim funding before final action on the general appropriations act. During the session, Senator Collins also recognized Chaplain Clementina Cherry of the Lewis D. Brown Peace Institute as a distinguished guest, with remarks entered into the record. The main business was the conference committee report on the fiscal year 2026 state budget, House 4001/House 4240. Senate Ways and Means leadership described the budget as balanced, on time, and fiscally responsible, with $61.01 billion in spending, no new taxes or fees, and a $33 million deposit to the stabilization fund. They highlighted major investments in Chapter 70 school aid, special education circuit breaker reimbursements, unrestricted local aid, MassEducate, universal free school meals, MBTA and regional transit funding, MassHealth, food security, and mental health services. The report also included policy items such as broker fee responsibility, fare-free regional transit, housing studies, a gold star family annuity provision, and a crumbling concrete commission. Minority leader Senator Tarr and others questioned the spending reductions, use of one-time funds, and the treatment of excess capital gains, arguing for greater fiscal caution and concern about future federal actions and long-term spending growth. Supporters responded that the reductions reflected revenue uncertainty, federal policy risks, and the need to preserve budget stability, while using some one-time sources to balance the plan. The conference report was adopted by a roll call vote of 38-2, the emergency preamble for House 4240 was approved by standing vote, and the FY26 general appropriations bill was then enacted and sent to the Governor. The Senate also adopted an order to dispense with printing a calendar for the next session and adjourned until Thursday at 11 a.m.
MN
Transcript Highlights:
  • fiscal items that Ms. Heimark and Mr. fiscal items that Ms. Heimark and Mr.
  • fiscal 28 and 29 for a total net zero general fund impact across the budget window. fiscal 2027. fiscal
  • starting in fiscal 29. starting in fiscal 29.
  • in fiscal 2026. in fiscal 2026.
  • Eric Olafson, Senate fiscal analyst for the Housing Committee, said a fiscal note has been completed
Keywords: 918, senate, all
Summary: The conference committee on the housing omnibus bill began with member introductions and a staff walk-through comparing House and Senate provisions. House Research staff reviewed major policy differences affecting Minnesota Housing Finance Agency operations, including limits on how much the agency may retain from state appropriations for administrative costs, new reporting requirements, restrictions on transfers between appropriated accounts, and House-only language requiring annual expenditure of investment income from state appropriations. Senate provisions were also summarized, including tighter rules on when appropriations may be placed into Housing Development Fund bookkeeping accounts, updated operating-cost reporting, and Senate-only changes to how investment earnings may be used. Staff also described shared and differing provisions on program-money transfers, a lived-experience earnings exemption, and a long list of Senate-only policy changes, including manufactured home park tenant protections, low-income housing tax credit and bond-related changes, a task force on housing taxes and fees, and repealers affecting Housing Development Fund authority and certain older programs. Fiscal staff then reviewed the budget impacts. The House side included one-time appropriations for workforce housing development, family homeless prevention and assistance, a Minnesota Nice Home Share pilot, and homebuyer education, along with debt service for $100 million in housing infrastructure bonds and transfers/cancellations that produced a net zero general fund impact across the budget window. The Senate side noted a fiscal note for the housing taxes and fees task force and a smaller housing infrastructure bond authorization, with corresponding debt service costs and a total Senate budget-window impact of about $1 million in general fund debt service. After the staff presentations, the committee moved to public testimony. Commissioner Jennifer Ho of Minnesota Housing said the bill’s housing infrastructure bonds and continued support for family homeless prevention were important, and she supported the lived-experience earnings exemption, while noting concerns about the interest-earnings provisions. Testifiers from Greater Minnesota groups praised the workforce housing investments and Senate updates to the state housing tax credit and infrastructure grant program, though they suggested changes to the geographic distribution language. HOME Line urged funding for statewide tenant hotline services, citing rising demand and asking for $1 million if additional money becomes available. The Minnesota Consortium of Community Developers supported the bill’s investments and emphasized the need to pair housing development with supportive services. Housing First Minnesota praised housing infrastructure bonds and other investments but criticized the omission of the Minnesota Starter Homes Act. The Minnesota Multi Housing Association began testimony opposing certain rent-control-related provisions in the House bill. No votes or final actions were taken during the portion of the meeting provided.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-05-22 - 1:23PM

Vermont House Floor Meeting

Transcript Highlights:
  • And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
  • And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
  • And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
  • And according to the Joint Fiscal Office and the fiscal note that can be found on our committee page,
  • > and<00:36:59.480> the<00:36:59.560> fiscal<00:36:59.960> note<00:37:00.200
Keywords: 926, house, all
Summary: The House took up Senate Bill 323, suspending the rules to consider it immediately. The bill was described as a broad agricultural measure with committee amendments and fiscal implications, and it was reported favorably by the Agriculture, Food Resiliency, and Forestry Committee, Ways and Means, and Appropriations. Members outlined sections dealing with milk market corrections, farm-to-school language, repeal of the obsolete pest control compact, pesticide applicator licensing changes, seed law updates, the Vermont Agricultural Credit Program, hemp regulation, and CAFO-related provisions. The Agriculture committee reported the bill out 7-0-1, and the effective date was described as July 1, 2026, except for the hemp provisions, which would take effect upon passage. Much of the discussion focused on the hemp sections. Supporters said the bill updates Vermont law to reflect federal changes and shifts hemp oversight from the Agency of Agriculture to the Cannabis Control Board. The hemp provisions would create registration and licensing requirements for hemp producers, processors, and certain hemp products; set fees; authorize testing, inspections, stop-sale orders, and administrative penalties; and allow rulemaking on product standards, labeling, insurance, additives, and age restrictions. Speakers said the changes were intended to help Vermont’s hemp industry maintain access to banking, insurance, and interstate commerce while improving consumer safety and regulatory clarity. Other agricultural provisions were also explained in detail. The bill would clarify milk producer hearing rights, update farm-to-school grant/contract language, remove outdated pest-control compact language, and adjust pesticide applicator exam and fee rules, including removing the limit on retakes and eliminating certain government applicator fees. It would also modernize seed labeling and definitions, transfer the Vermont Agricultural Credit Program into a new statutory structure under VEDA, and make conforming cross-reference changes in tax and cannabis fund statutes. The final sections would add a CAFO permit working group and require consultant training for state agencies on CAFO inspections, with those provisions contingent on future funding. Ways and Means noted the bill’s fee changes could affect state revenues, including an estimated hemp-related impact of roughly $10,000 to $90,000, though the exact effect was uncertain.