Video & Transcript : 'contract modifications' :

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MA

Massachusetts 2025-2026 Regular Session

Informal House Session 5 Jun 21st, 2026 at 11:00 am

Massachusetts House Floor Meeting

Transcript Highlights:
  • maximum age requirement, House No. 4390, local approval received, and the House bill relative to the contracting
  • An act relative to the contracting of digital replicas, House No. 4832.
Keywords: 995, all
Summary: The House convened with the Pledge of Allegiance and then took up several Committee on Rules reports and related procedural orders. Members adopted a resolution recognizing the 81st anniversary of the liberation of Auschwitz-Birkenau and International Holocaust Remembrance Day. The House also adopted multiple orders extending committee reporting deadlines, including for the Election Laws, Environment and Natural Resources, and Revenue committees, and concurred in Senate petitions after suspending Joint Rule 12 for several matters. The chamber then advanced a series of local and House bills. After suspending Rule 7A, the House ordered several bills to a third reading, including measures on electronic scanning of identifications, police age-limit waivers or civil service eligibility for named individuals in Boston and Haverhill, and a bill on the contracting of digital replicas. Later, the House passed to be engrossed bills including a Department of Conservation and Recreation Title IX compliance bill and additional police-related local bills, and passed to be enacted a land conveyance bill for Wellesley and other enacted measures such as Tuskegee Airmen Commemoration Day, a Fall River police chief appointment bill, a Seekonk charter amendment, and a Billerica police age-limit bill. The House also adopted an order for a joint convention with the Senate to receive the Governor’s communication on January 22, 2026. At the end of the session, members adopted an order to meet again Thursday at 11 a.m. and a special adjournment in memory of Arthur H. Tobin, former Quincy legislator, mayor, and clerk magistrate. The House then adjourned to meet Thursday next at 11 a.m. in an informal session.
ID

Idaho 2026 Regular Session

Agenda Mar 3rd, 2026

Education

Transcript Highlights:
  • have these in schools or don't have access to them, school districts and charter schools must then contract
  • If you contract through a private third party, sometimes the cost is three times what we would pay to
Committee: House Education
Summary: The committee first approved the minutes from February 24, 25, and 26 by voice vote. It then heard a bill from Representative Galavis concerning transportation reimbursement for one Idaho charter school, Answer Charter School. Galavis explained that the school’s reimbursement is being calculated from an old, limited bus use rather than from its current full transportation program, leaving it reimbursed at about 50% instead of the 70–90% typical for other districts and charters. Members raised questions about where the $40,000 fiscal impact would come from and whether it would affect other transportation reimbursements; those questions were deferred for further explanation at a later hearing. The committee voted to introduce RS 33-448. The committee also discussed RS 33-448, described as a fix for career ladder placement for career technical education professionals and qualified pupil service staff. Supporters said the proposal would allow industry professionals such as welders and electricians, as well as school psychologists, physical therapists, and occupational therapists, to move more fairly through the career ladder after demonstrating proficiency, rather than being stuck for up to four years. They said the fiscal note is difficult to estimate because the number of affected employees could vary, but the overall impact was expected to be low. Members asked whether the proposal overlapped with other legislation on employee classification, and sponsors said it did not because it addresses career ladder placement rather than job definitions. Representative Pickett then moved to introduce RS 33-433, which was also supported as a way to help attract experienced tradespeople into classrooms. He and others argued that the state needs more flexibility to bring in people with deep industry experience without forcing them through unnecessary recertification barriers. The committee approved RS 33-433 by voice vote. The chair concluded by noting that the committee would meet earlier the next day to hear several difficult RSs and that there would likely be many questions.
ID

Idaho 2026 Regular Session

Agenda Mar 3rd, 2026

Education

Transcript Highlights:
  • have these in schools or don't have access to them, school districts and charter schools must then contract
  • If you contract through a private third party, sometimes the cost is three times what we would pay to
Committee: House Education
Keywords: 989, all
FL

Florida 2026 Regular Session

Military and Veterans Affairs, Space, and Domestic Security Mar 11th, 2025

Military and Veterans Affairs, Space, and Domestic Security

Transcript Highlights:
  • lessens the focus and the impact of what our actual veterans go through, people who have signed that contract
  • . ...of what our actual veterans go through, people who have signed that contract to give all that they
Summary: The Committee on Military and Veterans Affairs, Space, and Domestic Security heard and approved three bills. SB 884 by Senator Martin would create benefits for members of the Florida State Guard, including leaves of absence, scholarships for eligible members, state park discounts, and annual sportsmen’s, gold, and fishing licenses. The bill drew no questions or debate, and was reported favorably. SB 336 by Senator Arrington would expand the Florida National Guard’s Educational Dollars for Duty Program to include spouses and children of active Guard members, providing up to 50% tuition assistance and reserving $500,000 annually for that purpose. Senators raised concerns about whether the existing program is already underfunded and about eligibility verification, but the sponsor said the goal was to add funding rather than reduce support for current Guard members. The bill was reported favorably. SB 402 by Chair Wright would revise Florida’s law on unlawful use of military uniforms, medals, or insignia by replacing branch-by-branch references with a definition of “armed forces” that includes the Army, Navy, Air Force, Marine Corps, Space Force, and Coast Guard. Members spoke in support, emphasizing the harm caused by people falsely claiming military service or collecting donations under false pretenses. The bill was reported favorably. At the end of the meeting, Senator Truenow recognized former Senator Kerry Baker and Troop 43 from Tavares, and the committee adjourned without further business.
KY
Transcript Highlights:
  • and will be completed by under contract and will be completed by the<01:19:50.960><c> end</c><01:19:
  • phase, five in negotiations, contract phase, five in negotiations, and<01:20:02.800><c> then</c><01:
  • Reason why we're stalled is because all the money that we have is under contract.
  • </c><01:31:17.280><c> for</c><01:31:17.600><c> the</c><01:31:17.760><c> whole</c> having one contract
  • for the whole having one contract for the whole project<01:31:18.719><c> and</c><01:31:18.960><c> not
Summary: The committee first established a quorum and approved the minutes from the previous meeting. Members then received a staff report on the Kentucky Child Fatality and Near Fatality External Review Panel, including an annual LOIC evaluation of the panel’s operations, statutory compliance, case management system development, member experience, and written procedures. The report noted recent House Bill 778 expanded the panel’s access to records and to TWIST/I-TWIST, and recommended that staff request access and training promptly to avoid implementation problems. Analysts reported the panel has met statutory membership and meeting requirements, and that agency responses to the panel’s 2025 recommendations improved, with all responses meeting statutory content requirements though some were late. They also said the panel still lacks formal written procedures, so a prior recommendation was reissued. The report discussed the panel’s new case management system, now in testing with the Commonwealth Office of Technology, and a survey of panel members showing generally positive views of meetings and case discussions but recurring concerns about SharePoint access, time demands, virtual meetings, and the panel’s lack of enforcement authority. The report included a matter for legislative consideration suggesting the General Assembly may wish to seek additional testimony from agencies when responses are unclear or more information is needed. Panel staff responded that the work is difficult but important, said they are optimistic about gaining TWIST access, and acknowledged that written procedures have not yet been completed because they wanted to align them with the new system. They said both the system and procedures are hoped to be finished by the end of the year, with the new case management system expected to be implemented by September 1 after further testing and migration. Members also discussed trends in child fatality and near-fatality cases, including increases in reported cases since 2013, substance abuse, safe storage of firearms, and concerns about THC/CBD gummies reaching children. No formal votes were taken beyond approval of the minutes.
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 4/13/26

Health Finance and Policy

Transcript Highlights:
  • As a result, DHS added risk corridors to the contracts for risk corridors during COVID to ensure risk
  • </c><00:16:15.760><c> for</c> Risk corridors to the contracts for MCOs.
  • Risk corridors are in the 2026 MCO contracts, and this language would once again make it permanent.
  • Credentialing, contracting, prior authorization, post-payment audits, record reviews, and site visits
  • Uh, because when I was doing contracts for various things in my business life, you know, my prices and
NH

New Hampshire 2026 Regular Session

Senate Commerce (03/31/2026)

Commerce

Transcript Highlights:
  • Um, there was an example in my practice where there was an association negotiating for the contract for
  • Um, I would say it would make sense to treat these things like contracts, meaning that in the condominium
  • act, and actually I think they used that language in this bill as well, for instance, a contract that's
  • . uh meaning that in the like contracts. uh meaning that in the condominium<00:58:07.040><c> act</c><
  • </c> as well uh for instance a contract as well uh for instance a contract that's<00:58:14.559><c> under
Committee: Senate Commerce
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/25/26

Commerce Finance and Policy

Transcript Highlights:
  • Each district pays its own brokers, manages its own contracts, and absorbs its own shocks from when an
  • ,</c><00:50:47.960><c> and</c> brokers, manages its own contracts, and brokers, manages its own contracts
  • ,</c><00:53:58.640><c> and</c><00:53:58.760><c> it</c> premiums in our recent contract, and it premiums
  • in our recent contract, and it was<00:53:58.920><c> barely</c><00:53:59.200><c> enough</c><00:53:59.400
  • or employed by a retailer contracted or employed by a retailer with<01:26:35.200><c> a</c><01:26:35.280
HI
Transcript Highlights:
  • And then who has the contracts for the parking? Who has the contracts for the towing?
  • You folks did the right thing and said no to them doing their own contracts through Act 163.
  • You folks did the right thing and said no to them doing their own contracts through Act 163.
  • their own contracts through act 163.<00:33:28.000><c> But</c><00:33:28.240><c> now</c><00:33:28.480>
  • and they have not worked in contracts and they have not worked in provisions<00:33:33.760><c> to</c>
Keywords: 910, house, all
Summary: The Transportation Committee met on February 5 and heard testimony on a long agenda of transportation-related bills. Early measures included HB 2392, which would create an employer tax credit for transportation demand management benefits; HB 2462, which would bar auto manufacturers and dealers from charging post-sale fees for already-installed hardware; and HB 2423, which would require diesel sold for on-road use to contain at least 5% biodiesel. HB 2392 drew support from the Oahu Metropolitan Planning Organization and one individual, with the Department of Taxation and the Tax Foundation offering comments. HB 2462 drew support from DCCA and one individual, while the Alliance for Automotive Innovation opposed it. HB 2423 drew comments from the Hawaii State Energy Office and Hawaii Farm Bureau, support from Pacific Biodiesel and the Hawaii Transportation Association, and a question from the chair about whether biodiesel is exported; the witness said production stays local. The committee also heard HB 1771 on voluntary carbon offsets for air travel, HB 2081 on requiring firefighters exempt from CDL rules to follow equivalent alcohol and substance abuse policies, HB 2334 on allowing the Department of Transportation to assume NEPA responsibilities for certain projects, and HB 2336 on DOT agreements with the Department of Defense for work at military installations using federal funds. HB 1771 drew comments from Life of the Land warning that carbon offsets are often unreliable and could create liability, while Alaska Airlines and Hawaiian Airlines offered comments. HB 2081 received support from DOT, county human resources offices, fire departments, and county officials, with the Hawaii Firefighters Association in opposition. HB 2334 was supported by DOT, and the director said other states using NEPA assignment can complete projects in about half the time. HB 2336 was supported by DOT, HIEMA, DBEDT’s military relations office, and the Hawaii Military Affairs Council; the committee discussed the administrative fee as a way to recover costs under an intergovernmental agreement. The most extensive testimony centered on HB 1666, which would limit new motor vehicle markups above 5% of MSRP and require recordkeeping. Multiple dealer groups and the Hawaii Automobile Dealers Association opposed it, arguing it would threaten dealership operations, especially in Hawaii’s high-cost market and for vehicles without an MSRP. The committee also heard HB 2375 on uniform towing and parking enforcement standards on state and leased lands, including notice, disability protections, payment safeguards, and public reporting; DLNR, DAGS, and several advocacy groups testified, with strong public support and concerns about towing practices and ADA compliance. HB 2415, which would appropriate funds for crosswalks near school properties, drew support from DOT, DOE, and the Hawaii Bicycling League, and the committee discussed how counties would request projects and how funding would be allocated. Finally, HB 2451, which would move Hawaii toward fare-free public transit beginning in 2027 and create a dedicated funding source through a petroleum tax increase, received broad support from DOT, the Energy Office, public health and advocacy groups, and many individuals; DOE testified that it currently uses about $2.1 million for student bus passes and that the program is tied to savings from inactive school bus routes.
MN

Minnesota 2025-2026 Regular Session

Committee on Commerce and Consumer Protection - 03/25/25

Commerce and Consumer Protection

Transcript Highlights:
  • The only reason I ask is I know oftentimes contract for deeds are used for very specific reasons.
  • The only reason I ask is I know oftentimes contract for deeds are used for very specific reasons.
  • The only reason I ask is I know oftentimes contract for deeds are used for very specific reasons.
  • The only reason I ask is I know oftentimes contract for deeds are used for very specific reasons.
  • The only reason I ask is I know oftentimes contract for deeds are used for very specific reasons.
Keywords: 1187, senate, all
WY

Wyoming 2026 Regular Session

Joint Travel, Recreation, Wildlife & Cultural Resources, May 27, 2026 - AM

Travel, Recreation, Wildlife & Cultural Resources

Transcript Highlights:
  • to have enough time to evaluate, um, by the time we have a second meeting to come back for any modifications
  • that you would >> For any modifications that you would recommend, or anything the committee thinks we
Keywords: 916, all
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 29th, 2026

Budget

Transcript Highlights:
  • It also authorizes the Department of Social Services to transfer funding between child care contracts
  • adjusts the annual salary of the Vice Chair of the California Energy Commission and clarifies that contracts
  • Because in the committee hearings, I heard some of the same things: “Well, we didn't write the contract
  • the Commission for Behavioral Health Innovation Partnership Fund and behavioral health advocacy contracts
  • echo the comments made by our partners at CHIRLA regarding the guardrails for the state-to-state contract
Committee: House Budget
Keywords: 988, house, all
AZ

Arizona 2026 Regular Session

06/01/2026 - Joint Legislative Audit Committee

Joint Legislative Audit Committee

Transcript Highlights:
  • subsequently received the district's fiscal year 2025 financial audit reports and questionnaire from its contract
  • subsequently received the district's fiscal year 2025 financial audit reports and questionnaire from its contract
  • ..Board conflict of interest procedures, improved open meeting law practices, established annual contract
  • are even a level more detailed than that, to Auditor General Perry's point, that they are more contracted
  • are even a level more detailed than that, to Auditor General Perry's point, that they are more contracted
Keywords: 1182, all
CA
Transcript Highlights:
  • Many people have been told you don't even have a contract for your product, so you're going out there
  • These bonds typically cover 100% of the contract value and provide protections that far exceed what retention
  • Some small and mid-sized contract retention can be a significant barrier.
  • of all sizes need strong cash flow to continue surviving and providing competitive bids on state contracts
  • When 5% of a contract is held for years, and I want to underscore years, that is not just delayed payments
Summary: The committee heard several bills, with extensive testimony and debate. AB 2507 by Assembly Member Wynn would strengthen state consultation with federally recognized tribal governments by requiring clearer tribal liaison roles, a tribal advisory committee, and more consistent early engagement across agencies. Support came from Wilton Rancheria and the California Tribal Business Alliance, with members praising the bill as improving respect, coordination, and outcomes for tribes. AB 2024, also by Wynn, would require the Outdoor Advertising Act permitting process to reach a determination on submitted applications, aimed at reducing delays and uncertainty; it drew support from the outdoor advertising industry and the California Association of Realtors, with members describing it as a technical cleanup measure. Both bills were later moved to Appropriations, along with a consent calendar of several other measures. AB 1585 by Assembly Member Connolly would require wine labeled as American to be made from 100% American-grown grapes, aligning the federal “American” label with California’s existing 100% state-origin standard. Supporters, including California wine grape growers, family wineries, consumer advocates, and several local agricultural groups, argued the bill would improve truth in labeling and help struggling growers. Opponents from major wine companies and industry groups warned it could reduce flexibility, create labeling complications, and limit the ability to list varietal and vintage on some blended wines. After a lengthy debate over labeling standards, consumer expectations, and impacts on interstate wine sales, the committee passed the bill to Appropriations. AB 1605 by Assembly Member Ransom would allow judges to place a no-alcohol-sales notice on the licenses of repeat or serious DUI offenders, restricting their ability to purchase alcohol as a preventive measure. Supporters, including the California Police Chiefs Association, the Safe California Roads Coalition, and the California Association of Highway Patrolmen, said the bill would give courts another tool to reduce recidivism and save lives. Retailers and restaurant representatives raised concerns about implementation and ID-checking burdens, but the bill was amended and passed to Appropriations. AB 2211 by Assembly Member Hoover, which would allow craft distillers to operate a second tasting room, also advanced with support from the California Distillers Association. Finally, AB 1578 by Assembly Member Jackson, presented by Assembly Member Solache, would require anti-hate speech training for local and state elected officials; it drew strong opposition over First Amendment and definitional concerns, and members pressed for a clearer definition of hate speech before further action.
CA

California 2025-2026 Regular Session

Assembly Health Committee Mar 24th, 2026

Transcript Highlights:
  • Should a physician feel uncomfortable and wish to contract directly, the hospital will happily go that
  • trends shift significantly and employment is more attractive, many do not wish to engage in that contract
  • Additionally, contracting forces a physician to consider the payer mix of a facility to determine their
  • Further, failure of a hospital district to negotiate contracts does not warrant dismantling protections
  • Further, failure of a hospital district to negotiate contracts does not warrant dismantling protections
Summary: The Assembly Health Committee heard several bills focused on workforce access, consumer protection, behavioral health parity, and public health safety. AB 1591 by Assembly Member Michelle Rodriguez would create a podiatric medicine pipeline program to address shortages of podiatrists, especially in rural and underserved counties; it drew strong support from podiatrists and medical groups and no opposition. AB 2011 by Assembly Member Hart would codify federal mental health and substance use disorder parity standards into state law; supporters argued it would preserve access if federal enforcement weakens, while health plans and insurers opposed it as premature and potentially confusing. The bill was moved on a due pass motion to Appropriations and remained on call after a roll vote with several ayes and some noes. The committee also considered AB 2311 by Assembly Member Chiavo, which would allow public health care district hospitals to directly employ physicians. Supporters said the change would help district hospitals recruit and retain doctors and stabilize care in underserved communities, while CMA and emergency physicians warned it could weaken the corporate practice of medicine protections and physician autonomy. Members raised concerns about guardrails, but the author said the bill would continue to be refined; it passed on a due pass motion to the Business and Professions Committee. AB 2030 by Assembly Member Lowenthal would prohibit sales of over-the-counter diet pills and weight-loss or muscle-building supplements to minors, with supporters citing eating disorder risks and opponents objecting to scope, age-verification, and retail requirements. The bill passed on a due pass motion to the Judiciary Committee. AB 1864 by Assembly Member Berman would require screening of gene synthesis orders to prevent misuse for bioterrorism and would authorize enforcement penalties for noncompliance. Supporters from Stanford, Encode, and the medical community said the measure would align California with federal best practices and address growing biosecurity risks, while life sciences representatives raised concerns about operational burdens and supply-chain impacts. Members discussed whether the bill should include an urgency clause and how to keep the standards current; it passed to the Judiciary Committee. AB 2457 by Assembly Member Connolly would standardize and speed up Medi-Cal managed care credentialing for physicians, and it passed to Appropriations with broad support. Finally, AB 2302, presented on behalf of Assembly Member Celeste Rodriguez, would require infant formula manufacturers to test for toxic elements such as lead and arsenic and post results publicly; pediatric and disability advocates supported the measure as a transparency and infant safety bill.
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee Mar 17th, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • Second, requiring data centers to pre-fund long-term contracts through their load-serving entity for
  • Second, requiring data centers to pre-fund long-term contracts through their load-serving entity for
  • CPUC establish a process by which a large load customer covered by this bill can pre-fund a 15-year contract
  • The bill amendments taken today require the data center customer to pre-fund a contract, a contractual
  • decade later, the Next 911 project remains unfinished, plagued by a series of problems, expensive contracts
Summary: The committee heard extensive testimony on SB 868, the Plug and Play Solar Act, which would streamline approvals for portable plug-in solar devices while setting safety standards. The author and supporters argued the bill would help renters and homeowners with high electricity bills by allowing low-cost balcony solar systems to reduce monthly costs, and they emphasized that the devices would not feed power back to the grid. Supporters included environmental and consumer groups, solar advocates, and many members of the public. Opponents, including electrical workers, firefighters, utilities, and PG&E, raised concerns about shock, fire, overloading, and the need for California-specific building standards. After discussion, the author agreed to committee amendments and later to add compliance with the California Electrical Code in addition to the National Electrical Code; several opponents said that change would move them to neutral. The committee then voted to pass SB 868 out as amended to Senate Judiciary, with some members expressing support while reserving concerns about safety as the bill moves forward. The committee then took up SB 886, dealing with data center electricity use and ratepayer protections. The author said the bill is intended to prevent large data centers from shifting grid and infrastructure costs onto other customers, citing rapid growth in data center demand and examples from other states. Supporters, including TURN and climate groups, said the bill would require data centers to pay for their own grid impacts, pre-fund long-term clean energy resources, participate in demand response, and cover related costs. Opponents from the data center industry, tech and business groups, utilities, and some energy users argued the bill was unnecessary, could duplicate CPUC processes, and could create discriminatory rate treatment or operational problems, especially around mandatory demand response and limits on backup generation. Committee staff described amendments narrowing the bill to large data centers, clarifying tariff and cost-allocation provisions, replacing a storage requirement with a long-term zero-carbon procurement mechanism, and exempting certain public and utility facilities. Members discussed the balance between affordability, reliability, and clean energy, with the bill framed as a way to protect ratepayers while allowing data center growth.
CA
Transcript Highlights:
  • Second, requiring data centers to pre-fund long-term contracts through its load-serving entity for new
  • CPUC establish a process by which a large load customer covered by this bill can pre-fund a 15-year contract
  • And the contracts that they would be required to execute with nuclear energy resources would be dispatchable
  • And the contracts that they would be required to execute with nuclear later. resources have.
  • decade later, the next 911 project remains unfinished, plagued by a series of problems, expensive contracts
Summary: The committee first heard SB 868, the Plug and Play Solar Act, which would streamline approval for portable plug-in solar devices for homes and apartments. The author and supporters argued the bill would help renters and other Californians lower electric bills, expand access to solar, and create statewide safety standards through UL certification and the National Electrical Code. Opponents, including electrical workers, firefighters, utilities, and PG&E, raised concerns about shock, fire, backfeeding, older electrical systems, and the bill bypassing the California Electrical Code and Building Standards Commission process. After extended discussion and testimony from UL, the author agreed to add California Electrical Code language, and several opponents indicated they would move to neutral; the committee then passed the bill out as amended to the Senate Judiciary Committee on a roll call vote. The committee then took up SB 886, which would establish rules for large data centers to prevent electricity cost shifts to other ratepayers. The author and supporters said rapid data center growth could drive major grid costs and that the bill would require data centers to pay for their own infrastructure, participate in demand response, and secure new zero-carbon resources. Supporters included environmental and consumer groups, while opponents such as the Data Center Coalition, Silicon Valley Leadership Group, utilities, and business groups argued the bill was unnecessary, could duplicate CPUC proceedings, and might impose operationally risky mandates, especially around demand response and backup power. Committee staff described amendments narrowing the bill to large data centers, clarifying tariff and cost-allocation provisions, replacing behind-the-meter storage with a pre-funded long-term clean energy contract, and exempting certain public and critical facilities; the discussion continued with questions about cost responsibility, clean energy targets, and peak-load management.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Thirty Three - Thursday, March 5

Missouri House Floor Meeting

Transcript Highlights:
  • paper it's written on because the legislature cannot pass a state law that interferes with private contracts
  • The provision mandating that a third party can negate a private contract between two parties with a right
  • of first refusal is clearly interfering with a contract.
  • So can we talk a little bit about this contract situation that I'm not necessarily well-versed on, but
  • I, Section 13 of the Missouri Constitution that talks about ex post facto laws and impairment of contracts
Keywords: 959, house, all
CA
Transcript Highlights:
  • quickly, in many cases much faster than the underlying economy, or in other years they’re going to contract
  • And then you’re going to have some years where revenues are contracting, and they are, of course, below
  • And then you’re going to have some years where revenues are contracting, and they are, of course, below
  • As a general point, I think we've all realized that social contract issues are at play here.
  • So I will also say the social contracts in the different states are so widely varied.
Summary: The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with opening remarks focused on the state’s long history of revenue volatility and the role reserves play in smoothing downturns. The Legislative Analyst’s Office explained that California’s personal income tax base is highly volatile because high-income earners’ income is tied to capital gains and other fluctuating sources, and that Proposition 2’s current reserve rules set aside 1.5% of General Fund revenues plus a share of excess capital gains, but cap constitutional deposits at 10% of General Fund taxes. The LAO said its analysis evaluates reserve policy over decades and found the current system would cover about 30% of funding shortfalls in a 90th-percentile downturn scenario over 50 years, which is an improvement over no reserve but still inadequate. The LAO recommended raising the reserve cap substantially, ultimately to 50% by 2055, with an immediate increase to 20% and gradual increases thereafter. It also suggested either replacing Proposition 2’s deposit formulas with broader rules that capture volatility across all tax revenues or, alternatively, depositing all excess capital gains rather than only a share. The Department of Finance said the Governor’s prior proposal similarly sought to raise the cap from 10% to 20% and exclude reserve deposits and withdrawals from the state appropriations limit, arguing those two constraints limited the state’s ability to save during recent revenue surges. Other panelists and members discussed whether reserves should be paired with broader structural changes, including unemployment insurance reform, safety-net funding, infrastructure reserves, and the projected surplus temporary holding account. The California Budget and Policy Center supported reserve reform but emphasized balancing savings with current needs and noted other tools such as revenue increases, borrowing from special funds, and the new surplus-holding account. Members debated the causes and effects of Proposition 13, the appropriations limit, business departures, and whether reserve policy should be more directly tied to protecting Californians’ access to health care, food assistance, child care, and other core services. No votes or formal actions were taken, as the hearing was informational only.
NM

New Mexico 2026 Regular Session

House - Education Feb 9th, 2026 at 08:33 am

House Education

Transcript Highlights:
  • Chair, Representative, my understanding is I think Gallup was actually contracting with K-12 at about
  • Both districts went out for RFP in July, and they contracted with them prior to the start of the academic
  • And they contracted with them prior to the start of the academic year, and those students essentially
  • We have the for-profit third-party providers setting up programs and signing contracts with a 95 to 5%
  • My contract ends at 2:45 because there's not enough hours in my day.
Bills: SB23 , SB73 , SB210 , SB234 , SB243 , SB244 , SM16