Video & Transcript : 'aggregate bond limitation' :

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FL

Florida 2026 5th Special Session

FL House Floor Session - 2025-05-13 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • As presiding officers, as elected officials, our word is our bond.
Summary: The House convened with prayer, the Pledge of Allegiance, and a quorum present. The chamber received a Senate message regarding SB 2510, the pre-K through grade 12 education conforming bill. Representative Persons-Mulicka explained that the bill was a Senate conforming measure tied to budget policy, including changes affecting acceleration course weighting and the CAPE program. The House adopted a strike-all amendment to place the bill in the proper posture for conference, then advanced and passed SB 2510 on final passage by a vote of 88 yeas to 10 nays. After SB 2510 passed, the House agreed to accede to the Senate’s request for a budget conference. Speaker Perez then delivered extended remarks criticizing the Senate for breaking the budget framework agreement and arguing that the state budget has grown too large. He said the House remained committed to reducing state spending and revenue, discussed possible budget and tax-cut alternatives, and emphasized that property tax reform and state revenue reduction were separate issues. He also noted the House’s work on property tax relief and said the chamber would continue negotiating. The House then took up HCR 1633, a concurrent resolution extending the 2025 regular session until 11:59 p.m. on June 30, 2025. Representative Garrison explained that it was identical to an earlier extension resolution except for the new end date. The resolution was adopted, and the House then approved a motion to adjourn for committee and subcommittee meetings and other House business, to reconvene upon call of the chair.
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-05-13 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • As presiding officers, as elected officials, our word is our bond.
Summary: The House convened with prayer, the Pledge of Allegiance, and a quorum present, then approved the journal and received a Senate message transmitting SB 2510, the pre-K through grade 12 education conforming bill. The House waived rules, read the bill by title, and heard brief explanation that the Senate version contained budget-related funding and policy changes, including adjustments to acceleration course weighting and CAPE funding. Members adopted a blank strike-all amendment to place the bill in the proper posture for conference, then advanced it to third reading and passed SB 2510 on final passage by a vote of 88 yeas to 10 nays. After passage, the House agreed to accede to the Senate’s request for a budget conference. The Speaker then delivered extended remarks criticizing the Senate for breaking a prior budget deal and arguing that state government spending has grown too much. He said the House remained committed to reducing state revenue and spending, discussed possible budget and tax-cut approaches, and emphasized that property tax reform and state revenue reduction were separate issues. He also noted that the House select committee on property taxes would continue its work and rejected the idea of mailing $1,000 checks as a substitute for tax relief. Finally, the House took up HCR 1633, a concurrent resolution extending the 2025 regular session until 11:59 p.m. on June 30, 2025. The resolution was read by title, explained as identical to a prior extension resolution except for the new end date, and adopted. The House then approved a motion to adjourn subject to the call of the chair for committee and subcommittee meetings and other House business.
KY
Transcript Highlights:
  • "Aelcom was formed in 2015 to market the excess capacity of the Commonwealth network because the bond
  • </c><01:02:49.040><c> holders</c><01:02:49.680><c> denied</c> network because the bond holders denied
  • network because the bond holders denied KCNA<01:02:51.760><c> the</c><01:02:52.000><c> right</c><01:
  • And there isn't a word in that agreement that suggests that our sales are limited to we can only be a
  • And there isn't a word in that agreement that suggests that our sales are limited to we can only be a
Summary: The Information Technology Oversight Committee met to hear a presentation from Kentucky Department of Education officials David Couch and Mike Lingham on the history and current status of Kentucky’s K-12 internet network, including its relationship to KentuckyWired. They described the original KETS design from 1995, when KDE established district internet hubs and left local districts to connect to them, and said that model helped Kentucky become a national leader in school connectivity and cloud-based services. They also emphasized the importance of E-rate eligibility, saying it has saved the state substantial money and remains central to KDE’s network contracting. Couch and Lingham said the current “next generation Kentucky K-12 internet” contract with Education Networks of America is more reliable, offers more functionality, and costs less than the prior system, including lower bandwidth and firewall costs. They explained that the transition was complicated by build-out and provisioning issues, especially the need for more “type two” connections through local providers, which pushed some implementation past the June 30, 2024 E-rate deadline. As a result, 39 sites remain on type two connections, and KDE absorbed the loss of federal discount dollars for the portion of the transition that extended into July. The witnesses also discussed home internet access for students. They said KDE has tracked home access for about 20 years and estimates about 4.5% of students still lack adequate internet at home, with roughly 3% able to reach access nearby and 1.5% having no access. They said the biggest barrier is usually cost rather than lack of available lines, and noted that temporary hotspot support during COVID helped students continue schoolwork. Senator Williams asked about the costs of the transition, the current type two sites, and the potential cost of any future transition, but the transcript cuts off before a full answer was given.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Monday, March 3, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • between the parties, and each member other than the majority and minority leaders and the minority whip limited
  • It's about fostering pride in the community, strengthening bonds of fellowship between people, and upholding
  • the it's about fostering pride in the community<02:06:21.639><c> strengthening</c><02:06:22.320><c> bonds
  • </c><02:06:22.719><c> of</c> community strengthening bonds of community strengthening bonds of Fellowship
  • He didn't revoke it because it sought to limit the federal government's ability to address the country's
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Mental Health, Substance Use and Recovery Jun 21st, 2026 at 11:00 am

Joint Committee on Mental Health, Substance Use and Recovery

Transcript Highlights:
  • These health behaviors include but are not limited to substance use.
  • Speakers are asked to limit their testimony to no more than three minutes.
  • Most of the limited programs, including syringe access, are approved.
  • And that's things like limited resources, lack of transportation, and rural isolation.
  • And that's things like limited resources, lack of transportation, and rural isolation.
Keywords: 995, all
Summary: The Joint Committee on Mental Health, Substance Use, and Recovery held a public hearing on several harm reduction bills, including measures to decriminalize simple possession and paraphernalia, authorize overdose prevention centers, and expand access to naloxone for first responders. Chair Mindy Domb and Senator John Velis opened by describing harm reduction as an evidence-based public health strategy and noting Massachusetts’ recent decline in fatal overdoses. They emphasized that testimony would help shape whether and how the bills advance, and explained the hearing process, including time limits and written testimony. Testimony was sharply divided. Supporters, including Rep. Kate Donaghue, Sen. Cindy Friedman, Rep. Marjorie Decker, Rep. Manny Cruz, public health professionals, recovery advocates, and people with lived experience, argued that harm reduction saves lives, reduces stigma, and can connect people to treatment. They supported overdose prevention centers and decriminalization as tools to keep people alive long enough to enter recovery, and several speakers described personal losses to overdose or family experiences with addiction. Some supporters also framed the bills as racial justice measures, arguing that criminal penalties for possession have disproportionately harmed Black and brown communities. Opponents, including Sen. Nick Collins and several South End residents, argued that overdose prevention centers and decriminalization would worsen public drug use, crime, and neighborhood disorder, especially around Mass and Cass. They said current approaches such as Section 35, diversion, and police leverage into treatment are more effective, and they urged more treatment beds and recovery facilities instead of harm reduction sites. Committee members questioned witnesses about research, local siting, crime data, and the relationship between harm reduction and treatment, and several members said neighborhood impacts must be considered alongside overdose prevention. The committee did not take a vote during the hearing; it continued receiving testimony and announced a later break before resuming on H. 2196 and S. 1393.
LA

Louisiana 2026 Regular Session

House and Governmental Affairs Apr 28th, 2026

House and Governmental Affairs

Transcript Highlights:
  • We would actually, I think the bill actually requires us to put forth a limit on that contract.
  • What changes is that local governments are no longer limited to a single paid-for medium.”
  • Under the amendment, the authority is limited to parishes, municipalities, and schools.
  • Under the amendment, the authority is limited to parishes, municipalities, and school boards.
  • And I stand here—my word is my bond when I signed this. This is my testimony.
Summary: The committee met with a quorum and considered several bills, mostly dealing with open meetings, public records, election administration, and local government notice requirements. Senate Bill 1 by Sen. Jenkins would authorize electronic voting under the Open Meetings Law and apply retroactively to validate prior electronic votes; after brief discussion and support from the Louisiana Municipal Association, it was reported favorably. House Bill 1052 by Rep. Spell would exempt certain child advocacy center and multidisciplinary team work product, forensic interviews, and related sensitive records from public records disclosure to protect child abuse investigations; testimony from child advocacy organizations emphasized the need to prevent misuse of records and preserve court-controlled access, and the bill was reported favorably. Senate Bill 289 by Sen. Abraham, concerning confidentiality of certain university records and negotiations, was amended to clarify protections for proprietary research, donor confidentiality, and limited confidentiality for industry negotiations, then reported favorably as amended. Senate Bill 218 by Sen. Talbot, allowing alternative certification programs for election officials if approved by the State Board of Election Supervisors, and Senate Bill 220, a technical correction regarding the official journal of the state, were both reported favorably. Senate Bill 161 by Sen. Seaball, repealing a requirement that certain high-salary unclassified state employees register vehicles in Louisiana, was also reported favorably after questions about its scope and purpose. The committee then took up House Bill 1193 by Rep. Sawyer, which authorizes the Coastal Protection and Restoration Authority to use indefinite delivery/indefinite quantity construction contracts for maintenance and emergency work. CPRA officials said the model would speed small repairs and pre-construction tasks, improve efficiency, and mirror a similar DOTD approach; an amendment narrowed the public-records language and excluded design-build contracting. Members raised concerns about public records transparency and inclusion of minority and small contractors, but the bill was reported favorably as amended. House Bill 249 by Rep. Green, a constitutional amendment creating an independent compensation commission for elected officials and tying adjustments to CPI, drew extensive debate over removing the legislature from setting salaries, the appointment structure, and whether the state could afford automatic increases. After opposition from several members and a roll-call vote, the bill failed to be reported, 6 yeas to 9 nays. Because HB 249 failed, the companion enabling bill, House Bill 248, was deferred. Finally, the committee heard House Bill 997 by Rep. Edmondson, which would let parishes, municipalities, and school boards use their own websites as an alternative to newspaper publication for public notices. Supporters from the Police Jury Association argued the bill would reduce duplicative costs, preserve all existing notice requirements, and simply add a third option alongside newspaper publication and newspaper-hosted digital publication. An amendment narrowed the bill to parishes, municipalities, and school boards, removing other political subdivisions. Members questioned transparency, enforcement, record retention, and whether the change would undermine newspapers; supporters said courts would still enforce notice requirements and that local governments already maintain the records. The bill remained under discussion at the end of the transcript, with no final action shown in the excerpt.
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Nov 18th, 2025

Transcript Highlights:
  • It's really limited. That's, you know, two or three FTE, and that's really it.
  • So, you know, to run a city, again, even a small one, it's a very limited revenue source, and cities
  • To build on that, given the limited GRT that a lot of our cities have and the limits to raising revenue
  • That limits our ability to tax.
  • It limits our ability for economic expansion when it comes to new homes, etc.
NH
Transcript Highlights:
  • Yeah, we were able to take advantage of the tax exempt bond process through HEIFA.
  • tax exempt bond process through HEIFA.<01:03:53.760><c> Um</c><01:03:54.160><c> but</c><01:03:54.319
  • </c><01:52:17.280><c> So</c> um including but not limited to. So um including but not limited to.
  • I mean, in most organizational structures, not limited to educational systems, there's layers of how
  • </c><01:55:24.159><c> to</c><01:55:24.560><c> educational</c> structures, not limited to educational
Keywords: 928, house, all
Summary: The meeting began with approval of the October 15 minutes and a brief discussion of the committee’s report process, including the likelihood of a minority report and a deadline of November 1 for any separate report. Members then heard from Jod Adams of the New Hampshire Alliance for Public Charter Schools, who gave an overview of charter schools in the state: there are 37 charter schools, with 6,034 students last year, and schools are formed by certified teachers, parents, or nonprofit organizations. She said charter schools receive about $9,180 per pupil in adequacy aid and charter school grant funding, must fundraise for additional money, and are governed by their own boards under their charters and bylaws. Members asked about admissions, governance, transportation, and special education. Adams said charter schools are open enrollment, not geographically based, and may use lotteries when applications exceed available seats. She explained that districts and charter schools coordinate on special education and busing, with the sending district responsible for special education coordination and certain transportation obligations depending on where the student lives and attends. She also said charter schools are public schools, not selective, and that each school’s board operates independently of the local district school board, though some schools may have special arrangements. A substantial portion of the discussion focused on funding and statutory obligations. Adams and members discussed how special education aid follows the student, while charter schools do not receive some district-level aid such as catastrophic aid; free and reduced lunch funding and Title funds can go to charter schools. Members also raised concerns that some state laws and administrative rules do not clearly specify whether they apply to charter schools, creating confusion and, in some cases, causing districts to perform services such as dyslexia screening for charter students without additional funding. Adams agreed that clearer statutory language would help and noted that charter schools are subject to many state requirements, including testing and reporting, even though not every public-school rule applies to them.
WY

Wyoming 2026 Regular Session

Joint Corporations, Elections & Political Subdivisions, May 21, 2026 - PM

Corporations, Elections & Political Subdivisions

Transcript Highlights:
  • Um, which, uh, you know, may include looking at bonding, financing programs within the community or the
  • </c> or developers you know under limited or developers you know under limited circumstances<01:42:57.360
  • </c><02:54:45.439><c> And</c> What is what is the upper limit? And What is what is the upper limit?
  • Um, so there are some limited situations where I think that could be the case.
  • ><c> situations</c><03:55:17.600><c> where</c> there are some limited situations where there are some
Keywords: 916, all
AZ

Arizona 2026 Regular Session

02/24/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • The bill concerns GPLET abatement limitation and recommends that the bill be amended as follows.
  • This is not James Bond silencers.
  • We should have website postings, but we don't want to limit it to website postings.
  • Children have an extremely limited right in terms of the First Amendment.
  • This bill is not limited to the school or the library context.
Keywords: 1182, all
NM

New Mexico 2025 Regular Session

IC - Courts, Corrections and Justice Nov 7th, 2025

Courts, Corrections & Justice Committee

Transcript Highlights:
  • There are limited investments and some statutory barriers.
  • So, one option is to limit punitive damages.
  • I can keep my remarks limited to five. Sorry, no worries. So I'll move quickly.
  • There's limited time; it's short for everybody. It's everybody. All right.
  • Given the numbers, we're going to have to limit everybody to five minutes.
LA

Louisiana 2026 Regular Session

House of Representatives May 11th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Well, I intend to push this fight to the limit, never mind the consequences.
  • Bill 450 also applies to public schools, charter schools, and non-public schools, and provides for limitation
  • persons with acquired marine injuries, provides relative to health insurance coverage, cost sharing limitations
  • Representative Schlegel says the only change was in third-degree rape: the statute of limitations was
  • office holding and dual employment laws, including an exception for volunteer firefighters and a limited
Bills: HR257 , HR258 , HR259 , HR260 , HR261 , HR262 , HR263 , HCR105 , HCR106 , HR252 , HR253 , HR254 , HR255 , HR256 , HCR103 , HCR104 , SB83 , SB143 , SB155 , SB228 , SB283 , SB295 , SB338 , SB388 , SB408 , SB431 , HR84 , HR188 , HR205 , HB302 , HB597 , HB819 , HB1257 , HB1258 , SCR24 , SB45 , SB58 , SB71 , SB81 , SB92 , SB100 , SB109 , SB141 , SB156 , SB181 , SB203 , SB204 , SB205 , SB207 , SB213 , SB214 , SB216 , SB229 , SB257 , SB274 , SB290 , SB304 , SB374 , SB379 , SB396 , SB410 , SB425 , SB427 , SB429 , SB479 , SB522 , SB357 , SB406 , HR171 , HCR49 , HCR65 , HCR72 , HR37 , HCR64 , HR170 , HR191 , HR206 , HR207 , HR208 , HR217 , HCR11 , HCR53 , HCR60 , HCR66 , HCR68 , HR9 , HCR27 , HCR28 , HCR50 , HCR62 , HCR67 , HCR71 , HCR78 , HCR81 , SCR19 , SCR3 , SCR6 , SCR18 , SCR11 , SCR22 , SCR2 , SCR20 , HCR6 , HB64 , HB68 , HB92 , HB130 , HB258 , HB633 , HB801 , HB61 , HB98 , HB102 , HB139 , HB142 , HB170 , HB185 , HB194 , HB199 , HB231 , HB247 , HB294 , HB336 , HB474 , HB661 , HB842 , HB852 , HB301 , HB359 , HB657 , HB675 , HB680 , HB727 , HB79 , HB251 , HB625 , HB769 , HB775 , HB783 , HB895 , HB1011 , HB1057 , HB1155 , HB1186 , HB1224 , HB1245 , HB1247 , HB1253 , HB1254 , HB1255 , HB1256 , SB41 , SB44 , SB64 , SB84 , SB87 , SB93 , SB98 , SB107 , SB118 , SB142 , SB192 , SB195 , SB199 , SB219 , SB222 , SB234 , SB241 , SB255 , SB275 , SB277 , SB292 , SB294 , SB306 , SB314 , SB482 , SB8 , SB10 , SB11 , SB12 , SB13 , SB14 , SB16 , SB17 , SB18 , SB20 , SB21 , SB22 , SB40 , SB48 , SB55 , SB69 , SB75 , SB77 , SB78 , SB85 , SB102 , SB115 , SB133 , SB140 , SB148 , SB151 , SB165 , SB169 , SB170 , SB185 , SB197 , SB200 , SB217 , SB235 , SB278 , SB280 , SB291 , SB300 , SB303 , SB315 , SB324 , SB330 , SB411 , SB416 , SB420 , SB436 , SB438 , SB449 , SB455 , SB456 , SB477 , SB489 , SB521 , HB646 , HB824 , HB341 , HB682 , HB766 , HB926 , HB998 , HB1051 , HB1080 , HB1201 , HB1223 , HB603 , HB940 , HB1191 , SB47 , HB901 , HR20 , HR74 , HB284 , HB306 , HB366 , HB393 , HB458 , HB577 , HB582 , HB605 , HB614 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1240 , SB82 , SB89 , SB149 , SB382
Summary: The House convened with 93 members present, opened with prayer and the Pledge of Allegiance, and then spent much of the morning recognizing guests and former members, including student groups, arts educators, rodeo queens, and Congressman Troy Carter, who urged members not to let partisan divisions harm Louisiana. Representative Newell also delivered a lengthy floor statement tying current voting-rights debates to civil rights concerns and warning against weakening protections for Black communities. The chamber then received Senate messages and committee reports, and several resolutions and bills were advanced or referred in routine order. A large portion of the meeting was devoted to House resolutions, many of them memorials or study requests. The House adopted resolutions supporting a physical therapy degree designation for federal loan purposes, honoring veterans who served in Honduras, extending a behavioral health courts study, seeking bridge-removal funding for U.S. 90 in St. Tammany Parish, urging DOTD studies on local traffic projects, requesting a study of rural economic development, supporting Camp Beauregard and the National Guard Youth Challenge Program, creating a permit-study committee, and asking for studies on autism services, school nurse orientation, opioid treatment in correctional settings, floodplain map updates, and care gaps for people with intellectual and developmental disabilities. One resolution on rent stabilization failed, and another on pregnancy-related emergency medication was returned to the calendar after questions about its implications. The chamber also concurred in or rejected several Senate amendments to House bills. Concurrences included bills on arrest warrant recall procedures, disturbing the peace near places of worship, rape and sex offense provisions, bridge naming, holiday rules, victim confidentiality, and the classic black license plate. The House rejected Senate amendments to HB 258 on dual office holding and dual employment. The most contentious item was HB 102, which would create second-degree cruelty to the elderly and persons with infirmities but was amended in the Senate to add broader first-degree murder provisions tied to firearms and public shootings; members raised concerns about self-defense, overcharging, capital punishment exposure, and fiscal impact on the public defender system. Despite those objections, supporters argued the changes would deter violent crime and protect the public, and the bill was ultimately supported in floor debate as amended.
ID

Idaho 2026 Regular Session

Agenda Feb 19th, 2026

Education

Transcript Highlights:
  • the performance within a charter school system, if they fail financially, they don't get to levy or bond
  • in the regular school system, is that what we're asking for here, is that no more levies, no more bonds
Committee: House Education
Summary: The committee first approved the minutes from February 12 and 13, then recognized page Ethan Cowell for his service before moving into legislation. House Bill 599 was explained as a technical change to how funding for digital curriculum grants is awarded, shifting from first-come, first-served to a need-based application process using a rubric from the State Department of Education. The committee voted to send HB 599 to the floor with a due pass recommendation. The committee then introduced RS 33436, a proposal related to the state endowment fund. The sponsor said the measure would not change the amount of money distributed to schools, but would send endowment dollars directly to schools as a separate line item rather than blending them into the general school funding formula. After a brief question about average daily attendance, the committee voted to introduce the RS. House Bill 710, which would set a statewide public school start date of the Tuesday after Labor Day, drew extensive testimony. The sponsor argued for a uniform start date for predictability and said schools could adjust by shortening breaks, while opponents—including superintendents, the Idaho PTA, and the Idaho School Boards Association—said the bill would override local control, disrupt harvest schedules, and create problems for districts with four-day weeks or calendars built around community needs. The Idaho Lodging and Restaurant Association supported the bill, saying later starts would help tourism businesses. After debate, a motion to send the bill to the floor without recommendation failed, and the committee then voted 9-5 to hold HB 710 in committee. Finally, the committee considered RS 33230C1, which would create a performance-based funding flexibility model for charter schools. The sponsor said it would reward strong academic, financial, and governance performance with greater spending flexibility. Members discussed whether similar flexibility should also be available to traditional school districts, but the sponsor did not agree to broaden the RS. An amended motion failed, and the committee then voted to introduce RS 33230C1.
ID

Idaho 2026 Regular Session

Agenda Feb 19th, 2026

Education

Transcript Highlights:
  • the performance within a charter school system, if they fail financially, they don't get to levy or bond
  • in the regular school system, is that what we're asking for here, is that no more levies, no more bonds
Committee: House Education
Keywords: 989, all
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Jun 6th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • It does contribute to general obligation bonds in a small amount, but mostly it provides support for
  • temporary budgetary measures, then you might, you know, do some cash flow maneuvering, maybe selling bonds
MN
Transcript Highlights:
  • followed up with it last year, and despite lots of partisan criticism against it, all three national bond
  • followed up with it last year, and despite lots of partisan criticism against it, all three national bond
Keywords: 1187, senate, all
NH

New Hampshire 2025 Regular Session

House Criminal Justice and Public Safety (02/07/2025)

Criminal Justice and Public Safety

Transcript Highlights:
  • I know I'm limited, so read this. It's a good read, and don't read it before bed.
  • </c> think that discretion should be limited think that discretion should be limited based<02:35:36.800
  • We are going to limit testimony to 3 minutes.
  • Just a friendly reminder, everybody, we do have a three-minute time limit.
  • </c><06:01:45.240><c> I'm</c> do have a three minute time limit I'm do have a three minute time limit
Keywords: 1189, house, all
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 04/09/25

Health and Human Services

Transcript Highlights:
  • that any increase in the provider tax or in the Medicaid surcharge uses up capacity under the federal limit
  • <01:28:08.560><c> under</c><01:28:08.880><c> the</c><01:28:09.120><c> federal</c><01:28:09.520><c> limit
  • </c><01:28:10.159><c> that</c> capacity under the federal limit that capacity under the federal limit
  • expenses greatly outpace public program funding and overall premium collection, resulting in an aggregate
  • </c><01:48:51.520><c> from</c> reimbursement rates, limitations from reimbursement rates, limitations
Keywords: 1187, senate, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (04/07/2025)

Transcript Highlights:
  • any grants that come in, but also having funds there means that there's less that has to go out to bonding
  • any grants that come in, but also having funds there means that there's less that has to go out to bonding
  • project coming along, they can let it build up and make sure that they're not having to go out and bond
  • project coming along, they can let it build up and make sure that they're not having to go out and bond
  • I think it's important to reiterate that this fund also keeps us from having to go out and bond for the
Keywords: 928, house, all
Summary: The committee held a public hearing on SB 63, a bill described by Senator Tim Lang and other supporters as a technical correction to the rooms and meals tax distribution formula. Lang said the bill would clarify that the Division of Travel and Tourism’s 3.15% promotional allocation is taken from gross rooms-and-meals revenue before the 30% municipal reimbursement fund is calculated, which he argued restores the intended 2009/2021 structure and avoids an unintended loss to tourism marketing. Committee members raised questions about whether the bill actually changes section one or instead addresses DRA’s interpretation, and whether the measure could be affected by the budget process or HB 2. Jessica Keeler of Ski New Hampshire testified in strong support, saying the bill would preserve the promotional budget formula that had been in place since 2009 and that the 2019 revision effectively reduced the promotional allocation by placing the municipal share first. She said tourism promotion has helped increase visitation, revenues, and jobs, and warned that without a fix, the joint promotional program and other tourism efforts could be cut in future budgets. She also said the bill would not change the current year’s tourism budget but would matter for future cycles. Mike Summers of the New Hampshire Lodging and Restaurant Association also supported SB 63, calling it a correction to the 2021 changes and arguing that state tourism marketing is essential because small businesses cannot reach distant markets on their own. He said the industry has benefited from state promotion, especially after COVID, but is now facing softer occupancy rates, lower Canadian visitation, and financial strain from debt and operating costs. Summers said the industry cannot make up for major tourism budget cuts on its own and urged maintaining or increasing travel and tourism funding. No vote or final action was taken at the hearing.
NM

New Mexico 2026 Regular Session

IC - Legislative Finance Dec 12th, 2025

Transcript Highlights:
  • the summary of the capital outlay framework, where you have an opportunity to use a mix of STBs, geo bonds
Summary: The committee heard a final wrap-up presentation from Director So Lee on the Legislative Finance Committee’s budget framework for the upcoming session. He said the state remains in a strong fiscal position, though revenue estimates are lower than earlier projections and available nonrecurring funds have declined by more than $1 billion from the prior session. He emphasized that the recommendation still preserves reserves above 30 percent and supports targeted investments in the committee’s three priorities: increasing per capita earned income through education and workforce development, improving access to high-quality health care and behavioral health, and enhancing quality of life through infrastructure, water, parks, trails, and other community amenities. Director Lee highlighted several major funding areas, including a proposed expansion of the UNM medical education program, water projects, capital outlay for state agency assets, and use of a mix of severance tax bonds, general obligation bonds, and cash for capital needs. He also noted continued pressure from health insurance, liability, and compensation costs, and said the committee would keep using pilot programs for new initiatives. Members broadly praised the staff, interim travel, and budget analysis work. During member comments, Senator Woods focused on school funding stability, liability costs, and fraud or waste in state agencies, arguing the state should take more claims to court to establish precedent and better protect taxpayers. Other members thanked staff and leadership for their work and collaboration. The committee then adopted the catch-up cleanup items and the overall LFC budget framework, with Senator Woods recorded in opposition, and created a technical committee with members from both chambers to resolve any final technical issues before the January session.