Video & Transcript : 'patent settlement' :

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NM

New Mexico 2025 Regular Session

IC - Courts, Corrections and Justice May 27th, 2025

Courts, Corrections & Justice Committee

Transcript Highlights:
  • Thoughts and opinions that we have as far as the settlement goes.
  • The settlement agreement was developed over several months.
  • The settlement agreement was finalized in March of 2020.
  • All of this was set up in the settlement agreement.
  • Again, one of the reasons why the Kevanne settlement came to be.
NM

New Mexico 2025 Regular Session

IC - Legislative Health and Human Services Oct 7th, 2025

Legislative Health & Human Services Committee

Transcript Highlights:
  • Not to collect them, but to create pressure for settlement and maybe obtain a higher settlement amount
  • . create pressure for settlement and maybe obtain a higher settlement amount.
  • There have been efforts to Promote, you know, early apology and early settlement.
  • Against you in court if you can't reach a settlement early.
  • if they end up forming part of the settlement.
CA
Transcript Highlights:
  • My last question is around the opioid settlement fund. Or is that for the next panel? Okay.
  • Can you just describe for us the source of the settlement fund and why the funds are decreasing?
  • They restructured themselves, and now we no longer have access to those settlement dollars.
  • You know, I don't know if we expect more settlements.
  • I know that this money is funded with opioid settlement dollars.
NH

New Hampshire 2025 Regular Session

House Finance Division I (02/05/2025)

Transcript Highlights:
  • </c> state made it the the settlement state made it the the settlement contingent<06:38:09.680><c> on
  • </c> any any terms of this of the settlement any any terms of this of the settlement fund<06:39:26.840
  • <06:40:02.920><c> fund</c> settlement fund settlement fund and<06:40:04.878><c> the</c><06:40:05.000>
  • The settlement is a settlement of all claims.
  • The settlement is a settlement of all claims.
Summary: The committee heard an overview from the Agriculture Commissioner on the department’s major divisions and staffing. He described the Office of the Commissioner, Agricultural Development, Pesticides, Regulatory Services, Weights and Measures, Animal Industry, Plant Industry, and Soil Conservation, noting that many programs are federally funded or supported by dedicated fees and fines. He said the department has 44 full-time positions plus one DoIT employee shared with other agencies, and that HR services are now contracted through Administrative Services. He also explained that Soil Conservation is administratively attached to the department and funded through Moose Plate grants and county contributions, not direct state funding. Members asked about specific program functions and issues, including weights and measures inspections, animal health, bird flu response, internships, invasive species, and the Big E/New Hampshire building. The commissioner said weights and measures covers nearly all commercial measuring devices and products sold by weight, and that inspectors are currently part-time police officers, though the department is discussing removing that requirement. He said the department is actively involved in bird flu monitoring, including regular calls with USDA and the state veterinarian and collecting milk samples from dairy farms. On invasive species, he focused on Japanese knotweed and bittersweet, saying the department has only one staff person working on the issue, mainly as a coordinator with DOT and towns, and that eradication is extremely difficult. He also said the department does not run student internships and refers inquiries to UNH Cooperative Extension. The committee discussed budget and revenue issues, including three new general fund positions, one of which is the assistant commissioner and another a biological scientist for invasive species. The commissioner said the department had been in “triage mode,” that an assistant commissioner was needed because of workload, and that the department is a net positive to the General Fund each year. He said some fees and fines have not been updated in decades and would require legislation to change, including a proposed $5 fee for each animal database certificate to help fund a system that costs about $250,000 annually to maintain. In response to questions about budget reductions, he said the department protected personnel, reduced the cost-of-care fund, fair grants, and land preservation funding to about $25,000 each, and did not plan to buy new vehicles or computers. He also said he could not support including the $50,000 Conservation District resilience grant program in his budget under the current reduction targets, though he remained hopeful it might be funded another way.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 3rd, 2026

House Appropriations & Finance

Transcript Highlights:
  • And we have settlements.
  • Over the last three years, the Consumer Settlement Fund has grown at two, frankly, historic levels.
  • For those of you who are familiar with this as part of the master settlement agreement.
  • So there are certain dollars that come into the Consumer Settlement Fund, for example, with receipts.
  • What we are talking about is tapping into the unrestricted percentage of the Consumer Settlement Fund
Summary: The committee heard budget presentations from the Secretary of State, the State Land Office, the Attorney General, and the State Auditor. The Secretary of State said its requested general fund budget of $15.88 million was intended to maintain baseline operations, replace lost federal cyber and election support, and address a 12% vacancy rate. Officials warned that the House recommendation still left major gaps for election security, tabulator replacement, campaign finance system upgrades, overseas and military ballot services, ballot tracking, and a new tax lien filing system. Senators pressed about the election fund, county burdens, and the risk of underfunding election administration; the office said the House had provided $15 million for the election fund for the primary and another $15 million for the general election, but not enough for operations or all capital needs. The State Land Office said it was satisfied with the House budget action and had no additional request. Staff described the office’s record revenues, low vacancy rate, clean audits, and proposed new positions tied to forestry, economic development, petroleum, geothermal, and royalty compliance work. Senators asked about long-term revenue trends, forest thinning and biomass opportunities, and bookkeeping around the land maintenance fund; the office said the new positions were intended to generate revenue and support land management, including fire mitigation. The Attorney General’s office presented a budget built around a 0% general fund increase, greater use of the Consumer Settlement Fund, and $4.5 million in special/extraordinary litigation funding. The AG emphasized active litigation and investigations involving consumer fraud, Medicaid fraud, federal funding cuts, Meta and other technology platforms, AI and child safety, gaming compacts, tobacco, and possible litigation over abandoned uranium mine cleanup. Senators asked about scam enforcement, the structure of settlement funds, and whether the office could take on uranium-related litigation; the AG said the office could prepare a litigation budget but warned such efforts would require sustained funding. The State Auditor said the House budget added only modest increases while the office faced about a 40% vacancy rate, difficulty recruiting auditors, and a shrinking pool of public accounting firms, creating risks for constitutional audit responsibilities.
FL
Transcript Highlights:
  • Settlements. We have fully litigated four of our last five rate cases.
  • So we feel really good about that settlement.
  • Here are the other things that you achieve when you have a settlement.
  • And can you describe or can you confirm that when you have a settlement-type situation?
  • And does a settlement like that lead to some type of predictive and stable environment long-term?
Summary: The joint committee met with a quorum present and first received an overview of its jurisdiction and duties related to appointing the Florida Public Counsel. Staff explained the committee’s authority under joint rules and state law, noted that the current Public Counsel’s term expires February 28, 2025, and that applications for the next four-year term were open with a February 6, 2025 deadline. The committee then heard an extensive update from Public Counsel Walt Truerweiler on the Office of Public Counsel’s work representing utility ratepayers before the Public Service Commission and in appeals. Truerweiler described the office’s caseload and priorities, including electric, gas, water, and wastewater rate cases; storm recovery dockets; cost-recovery clauses; rulemakings; and customer service hearings. He emphasized that the office seeks to challenge unsupported or imprudent costs, find value for customers, and use expert analysis and customer testimony to shape outcomes. He highlighted recent and ongoing matters, including major Duke, TECO, Sunshine water/wastewater, and hurricane recovery proceedings, and said the office had fully litigated four of its last five rate cases, while also achieving a major settlement in Duke that reduced a requested increase and imposed cost controls on solar projects. Members praised the office’s work and asked about the benefits of settlements, staffing and compensation, and how the office decides when to fully intervene versus provide guidance or monitor a case. Truerweiler said settlements can create predictability, reduce uncertainty and expense, and produce tangible value for both customers and utilities. He also acknowledged recruitment challenges, including lower pay than comparable agencies and difficulty attracting attorneys who do not want in-person litigation work. The committee took no substantive action beyond receiving the presentations, and adjourned after a motion was adopted.
AR
Transcript Highlights:
  • we do not want to reread this to you guys, if you specifically want us to comment on the recent settlement
  • We entered into a settlement with the family for $725,000.
  • When we are involved in active litigation, which we have been, and we just entered into a settlement,
  • , sorry, how much money has the state of Arkansas paid out on these wrongful death settlements?
  • And that would just happen the 27th the day that the settlement was signed. So where's the change?
Summary: The Joint State Agencies committee met to approve prior minutes and then focused on the death of Zachary Moore at the Southeast Arkansas Human Development Center, later clarified in discussion as the Warren facility. DHS officials described Moore’s background, said he died after a prolonged prone restraint followed by a delayed chemical restraint, and reported that 13 staff were terminated, the superintendent was replaced, a consultant was brought in, and the agency entered a settlement with the family for $725,000. Members pressed DHS on the cause of death, restraint policies, staff training, supervision, family notification, and why the family had not been kept informed; DHS said a family-notification procedure exists but that communications during litigation had been handled through counsel. The committee also heard that six staff had been criminally charged with manslaughter and neglect of a vulnerable person, and that the death certificate listed the manner of death as homicide with cause of death tied to physiologic stress associated with struggle and prone restraint. DHS officials gave broader context on the five human development centers, their licensing and accreditation, resident population, mortality review process, and training programs. They said the centers serve highly medically and behaviorally complex residents, that annual restraint training and CPI-based instruction are required, and that the mortality review committee and Office of Long-Term Care review deaths and make recommendations. Members repeatedly criticized the agency for not having complete information at the meeting and for what they saw as gaps in oversight, staffing, and chain-of-command clarity during emergencies. DHS responded that the Warren facility had not been meeting the same standards as the others, that the consultant’s root-cause analysis identified multiple failures, and that new crisis-team and chain-of-command procedures were being drafted. A second major topic was staffing and recruitment. Members discussed low pay, turnover, use of float and on-call staff, rural staffing shortages, and a waiting list of about 2,000 people for home- and community-based services. DHS said CNAs at the centers start at about $39,000 a year, that a broader retention and recruitment plan is being drafted for all five centers, and that a separate rate study for PASS services will be implemented in January 2027 but does not cover CNA pay. The meeting ended with testimony from Moore’s mother, Angela Stevens, who said money could not replace her son and urged stronger training, background checks, and supervision so other residents would be protected. The committee asked DHS to keep members and Stevens updated on consultant reports, recruitment efforts, and follow-up on the family communication issue, and then adjourned.
TX
Transcript Highlights:
  • This is the largest settlement ever obtained by a single State.
  • Not only is this settlement historic, but it demonstrates the hard work and commitment of my office to
  • Let's start where you stopped off in terms of the... first of all, congratulations on the settlement.
  • Let's start where you stopped off in terms of the—first of all, congratulations on the settlement over
  • First of all, is the META settlement, which we're asking the legislature to pass funding for.
Bills: SB 1
Committee: Senate Finance
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 041 Feb 24th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • </c> settlement costs. settlement costs.
  • . settlements. settlements.
  • </c> out a whole bunch of legal settlements out a whole bunch of legal settlements is<01:02:48.240><c
  • </c><01:08:00.720><c> uh</c> up with endless uh legal settlements uh up with endless uh legal settlements
  • So, I think the senator settlements.
KY
Transcript Highlights:
  • ><c> in</c><00:40:01.839><c> the</c><00:40:02.000><c> state</c> settlement trust fund in the state settlement
  • Those payments $14 million settlement.
  • </c> would address any future settlements would address any future settlements that<00:47:02.640><c>
  • </c> others involved in in the settlement. others involved in in the settlement.
  • c> that</c><00:47:16.880><c> that's</c> But, um, any settlement that that's But, um, any settlement that
Summary: The Health Services Committee heard a presentation from Dr. Steven Stack, Secretary of the Cabinet for Health and Family Services, on Kentucky’s Rural Health Transformation Program. He said Kentucky received about $213 million in federal funding, among the highest awards nationally, after a fast application and negotiation process. He emphasized that the grant is time-limited, must be used for the specific goals in the state’s application, and cannot be treated as a general bailout or replacement for existing funding. He also noted the state will use a website, ruralhealthplan.ky.gov, to share the full application, award terms, and future opportunities. Dr. Stack outlined five focus areas: maternal health and prenatal/early childhood supports; EMS and trauma response workforce and transfer capacity; behavioral health crisis care through the EMPATH model and mobile crisis services; oral health access through more hygienists, telehealth, and hub-and-spoke models; and rural community hubs for chronic disease prevention and innovation, including food-as-medicine and healthier lifestyle interventions. He stressed that the program is meant to be transformative, not duplicative, and that it cannot pay clinician salaries, fund new construction, replace EMR systems broadly, or duplicate billable services. He said the state will work with community partners, hospitals, universities, and others, including the Foundation for a Healthy Kentucky, to begin implementation. Members responded positively overall. Senator Berg praised the award and the goal of integrating care across the state, but raised concerns about access to prenatal care and about possible future changes to water fluoridation, warning both could harm children and rural families. The chair and other members thanked Dr. Stack for the update and congratulated him on the award. No votes or formal committee actions were taken during this portion of the meeting.
HI

Hawaii 2025 Regular Session

HED Public Hearing - Wed Apr 9, 2025 @ 2:00 PM HST

Higher Education

Transcript Highlights:
  • Settlement planning. Um, can you educate the committee on what that refers to?
  • But, um, there was a settlement hearing on April 7th in front of Judge Wilin.
  • Uh, so there has not yet been an approval of the settlement.
  • And what is the expected cost to the university for that settlement?
  • </c> to the university for that settlement? to the university for that settlement?
Summary: The House Committee on Higher Education heard several Senate concurrent resolutions related to University of Hawaiʻi programs, audits, and workforce development. Testimony on SCR 50, which urged establishment of a Bachelor of Science in Nursing program at the Maui campus, was strongly supportive, with witnesses citing the state’s nursing shortage and Maui’s acute physician and nurse shortages. The committee later recommended passage with a technical HD1 amendment, and the measure was adopted unanimously by the members present. The committee also heard SCR 137, SCR 138, and SCR 142, all involving proposed audits. SCR 137 sought a performance audit of the University of Hawaiʻi Foundation; the Foundation opposed it, and the chair recommended deferral after noting the legislative auditor’s view that the office lacks jurisdiction over the private nonprofit. SCR 138 proposed a management and performance audit of the Office of the Vice President for Academic Strategy, and SCR 142 proposed an audit of the UH Mānoa athletics department. UH representatives provided comments on both, with athletics explaining existing NCAA-required financial audits, internal performance evaluations, and a strategic plan that includes self-review. The committee ultimately recommended passage of SCR 138 and SCR 142 with technical HD1 amendments. For SCR 192, which proposed a veterinary medicine expansion working group, UH and other witnesses discussed the idea of exploring a Doctor of Veterinary Medicine program, but the chair said a community college is not the appropriate venue for a doctoral program. The committee recommended substantial HD1 changes removing Windward Community College from the title and shifting the effort to the UH system level, adding the UH president or designee and a Hilo campus representative to the working group; the amended resolution was adopted. The committee also heard SCR 193, calling for community colleges to identify bachelor’s degree and workforce pathways aligned with regional needs, and SCR 203, which sought exploration of an Alzheimer’s disease research center and federal funding requirements; both drew supportive comments and no opposition. The meeting recessed briefly for lack of quorum, then reconvened for decision-making and adopted the chair’s recommendations on the measures considered.
NH

New Hampshire 2025 Regular Session

House Science, Technology and Energy (02/18/2025)

Science, Technology and Energy

Transcript Highlights:
  • So is this going to be some type of time-of-use settlement? What is the result of that statement?"
  • </c><00:32:40.600><c> issues</c> um a lot of the load settlement issues um a lot of the load settlement
  • </c> participants regarding load settlement participants regarding load settlement um<01:35:55.080><c
  • </c> expert vendor to perform load settlement expert vendor to perform load settlement calculations<01
  • </c> opportunity to modernize load settlement opportunity to modernize load settlement on<01:49:06.639
FL

Florida 2025 Regular Session

December 9, 2025 - 12:30 PM

Transcript Highlights:
  • prospectively, and also states that the court may consider whether or not a good-faith offer of settlement
  • Now, generally, courts are not supposed to consider good-faith offers of settlement during the pendency
  • Courts are not supposed to consider good-faith offers of settlement during the pendency of trial.
  • So is the good-faith offer of settlement only offered after trial?
  • something that we look forward to continue to And to answer another question, the issue of the settlement
Summary: The Civil Justice and Claims Subcommittee met with a quorum and took up House Bill 413, relating to attorney’s fees, suit money, and costs in family law cases. Representative Gottlieb explained that the bill and strike-all amendment were intended to promote fairness, create more uniformity across circuits, expand judicial discretion in awarding fees, and strengthen enforcement language. Members discussed how the amendment’s reference to good-faith settlement offers would apply only after trial in fee determinations, not during the trial itself. Jamie Epstein of the Florida Bar’s Family Law Section supported the measure overall, saying it would improve consistency and deter bad-faith litigation, but noted concern about one paragraph creating a presumption of entitlement to fees in contempt actions. The committee adopted the strike-all amendment and then passed HB 413 favorably as amended by a 13-0 vote. Chair Koster said the bill would provide needed clarification in family law practice and help parties litigate more professionally and amicably. After the vote, the committee heard a presentation from Florida Bar President Sayah Baker Barnes on the Florida Bar’s role and the impact of artificial intelligence on the legal profession. Baker Barnes described the Florida Bar as an arm of the Florida Supreme Court responsible for regulating lawyers, protecting the public, handling discipline, reimbursing some victims of lawyer theft through the client security fund, and providing continuing legal education. She said AI use among lawyers has grown rapidly and that the Bar has created committees, guidance, and an ethics opinion to help lawyers use AI responsibly. She emphasized that lawyers remain responsible for the accuracy of AI-generated citations and work product, noted that Florida courts have already disciplined lawyers and a pro se litigant for fake AI-generated citations, and discussed confidentiality, privilege, and deepfake concerns. Members asked about protecting client information and finding best-practice resources, and she directed them to the Bar’s LegalFuel site and AI guidance materials. The meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 1/21/25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • a few years the Volkswagen settlement a few years ago<00:34:14.960><c> is</c><00:34:15.119><c> run</
  • Hag, I was just curious about when did the Volkswagen settlement agreement, 47 million comes into the
  • It was through a federal settlement with Volkswagen related to emissions.
  • Hager, I was just curious about when the Volkswagen settlement agreement, $47 million, comes into the
  • It was through a federal settlement with Volkswagen related to emissions.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/11/26

Housing Finance and Policy

Transcript Highlights:
  • </c><00:02:43.519><c> that</c> dollars from the Tyler settlement that dollars from the Tyler settlement
  • </c> because they are from the settlement because they are from the settlement related<00:07:21.599><
  • :07:34.639><c> state</c><00:07:34.880><c> put</c> settlement dollars that the state put settlement dollars
  • So, I have a little bit of settlement.
  • </c> that could have a future settlement that could have a future settlement involved.<00:25:19.919><
Bills: HF3403 , HF2687 , HF2381
MA
Transcript Highlights:
  • In addition, merchants through payment cards have faster settlements.
  • we've seen, for example, the industry move forward with a historic, multi-billion-dollar litigation settlement
  • We're also aware of the issue, you know, was part of the litigation settlement that I addressed.
  • We're also aware of the issue, you know, was part of the litigation settlement that I addressed.
  • And I think we've shown through the litigation settlement and other ways that we've been very, tried
Summary: The Special Legislative Commission on the future of credit card payments and their impacts on small businesses held what was described as its last public hearing. Chair Paul Feeney opened by noting the commission’s mandate under Chapter 238 of the Acts of 2024 and explained that members would continue working on a final report after the hearing. The meeting featured testimony from banks, payment industry groups, restaurant advocates, convenience store representatives, and others, with repeated discussion of interchange fees, surcharging, fraud, and federal preemption issues. Banking and card-industry witnesses, including the Massachusetts Bankers Association, the Card Coalition, and the Electronic Payments Coalition, argued that state-level interchange restrictions would disrupt a global payment system, create compliance problems, and likely apply only to a small share of transactions because of federal preemption. They emphasized consumer and merchant benefits of cards, the role of banks in absorbing fraud losses, and recent federal and state developments, including Illinois litigation, OCC and NCUA actions, and a settlement that they said would give merchants more flexibility. Several witnesses also suggested alternatives such as vendor compensation for tax collection and modernizing Massachusetts’ surcharge ban. Restaurant and convenience-store advocates took the opposite view, saying swipe fees are a major burden on thin-margin businesses and that merchants should not pay interchange on sales tax or gratuities that are not their revenue. Mass Restaurants United and individual restaurant owners described severe financial strain, rising costs, and the need for transparency and relief. NACS supported swipe fee reform and argued that current fees are excessive and inflationary. A few members questioned witnesses about whether industry should share more of the burden and about the feasibility of changing the current system. No votes or formal policy actions were taken. The chair said the commission would meet again to discuss a draft framework and final report, and members of the public were invited to submit additional written testimony before the commission concludes its work.
LA
Transcript Highlights:
  • And then tobacco settlement is another one where we make a calculation based on when we finally know
  • Lottery, of course, tobacco settlement, provider fees, not so much.
  • So, sure, you're going to have settlements. But— I can speak at a high level.
  • So sure, you're going to have settlements both ways, positively and negatively.
  • So we'd obviously have settlements at this moment. But sure, yeah, there's—that's a part of it.
Summary: The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast. The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted. Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.
LA
Transcript Highlights:
  • Lottery, of course, tobacco settlement, provider fees, not so much.
  • So sure, you're going to have settlements. But... I can speak at a high level.
  • So sure, you're going to have settlements both ways, positively and negatively.
  • Where you would clear a lot of litigation, you know, settlements, if you will.
  • So we'd obviously have settlements at this moment. But sure, yeah, there's...
Summary: The Revenue Estimating Conference met with four members present and first approved the prior meeting minutes and recognized the FYI end-of-balance of $577,077,871 as nonrecurring revenue. The main business was revising the state revenue forecast for FY 2026, FY 2027, and the long-range outlook. The Division of Administration recommended a $113 million reduction to the FY 2026 State General Fund forecast and a $104 million reduction for FY 2027, citing weaker-than-expected individual income tax collections, softer corporate income tax receipts, and some weakness in general sales tax, partly offset by stronger motor vehicle sales tax and higher mineral-related revenues tied to oil prices. The Legislative Fiscal Office presented a somewhat different but broadly similar forecast, with modest net increases to the general fund bottom line in the current year and next year, emphasizing caution on income and corporate taxes and more optimism on sales, severance, royalties, and some other revenue streams. A substantial portion of the discussion focused on the causes of the income tax shortfall, especially withholding and refund patterns after tax changes that lowered rates. Department of Revenue officials explained that withholding tables had been set with a cushion that may be producing larger refunds, and said changing the tables could quickly reduce overwithholding, though the effect would take time to show up. Members also discussed corporate collections, the lingering effects of the franchise tax repeal, the role of settlements and audits, and the extent to which collections are voluntary versus enforcement-driven. The Department of Revenue said corporate collections still had key filing and estimated-payment milestones ahead in May and June, and that refund and audit activity related to the former franchise tax would continue for some time. The conference then adopted the Division of Administration’s FY 2026 forecast, the FY 2027 recurring forecast, and the long-range forecast, along with the proposed inflation rates for the Millennium Trust and parish severance allocation. Members also adopted the incentive expenditure forecast, noting that the reported amount is only the REC-reported portion and that larger tax exemption amounts come off the top before appropriations. The Treasurer reported a General Fund cash balance of about $404.1 million as of May 5, 2026, and an interfund borrowing base of about $9.18 billion, saying cash levels were similar on average to the prior year. The meeting ended with a note that another REC meeting might be needed depending on the May 16 election, and the conference adjourned without objection.
AR

Arkansas 2026 Regular Session

JOINT BUDGET COMMITTEE Apr 28th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • It's using master tobacco settlement agreement funding.
  • It's using master tobacco settlement agreement funding.
  • It's using master tobacco settlement agreement funding.
  • It's using master tobacco settlement agreement funding.
  • Number 10, Tobacco Settlement Commission with UCA.
CA

California 2025-2026 Regular Session

Senate Business, Professions and Economic Development Committee Jun 29th, 2026

Business, Professions and Economic Development

Transcript Highlights:
  • The stipulated settlements are approved by the board.
  • The stipulated settlements are approved by the board.
  • Behind-the-scenes kind of settlement.
  • is a stipulated settlement.
  • If there's a settlement on a situation, it is a public record.