Transcript Highlights:

• fiscal staff on 3817. fiscal staff on 3817. >> Certainly.<00:48:09.040> Okay.
• Um, the revenue estimate shows a positive fiscal impact to the general fund in fiscal 27 through fiscal
• :08.880> 29 fund in fiscal 27 through fiscal 29 fund in fiscal 27 through fiscal 29 which<00:49
• that it turns negative after fiscal 29. that it turns negative after fiscal 29.
• the fiscal impact over the long term. the fiscal impact over the long term.

Bills: HF3127, HF3816, HF3814, HF3815, HF3817

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, corporate franchise tax, individual income tax, research expenditures, federal compliance, Minnesota Statutes, income tax, corporate tax, section 179, federal conformity, HF3815, Minnesota taxes, tax conformity, Internal Revenue Code, IRC conformity

Transcript Highlights:

• I'll bring up a couple of items related to fiscal oversight and the 30% cap.
• RISE. based a lot of my analysis here on L.A. RISE. Unfortunately, L.A.
• To address these fiscal challenges, the department engaged an independent firm, Crow LLP, in January
• 2024. to conduct a comprehensive financial analysis which was finalized in November 2024.
• year 23-24 through fiscal year 27-28, ensuring long-term fiscal stability of the department. and its

Keywords: 988, house, all

Transcript Highlights:

• No, they're in the analysis. Yeah, they are. They're in the analysis.
• So then if I open the analysis, I can answer your question. Okay.
• And in the analysis.
• And in the analysis, the analysis, it is to replace the bill's 500-kilowatt reporting threshold with
• The analysis matters because Californian is firm, dispatchable, zero-carbon, The analysis matters because

Keywords: 987, senate, all

Transcript Highlights:

• A Bloomberg News analysis of 38 million mortgages found that, controlling for income, loan size, and
• An analysis, in fact, of 37 million mortgage applications submitted between 2018 and 2024 showed that
• Just want to say hopefully Appropriations Committee can get a good fiscal on this bill. Thank you.
• Sorry, just want to say hopefully the Appropriations Committee can get a good fiscal on this bill.
• Sorry, just want to say hopefully the Appropriations Committee can get a good fiscal on this bill.

Keywords: 987, senate, all

Transcript Highlights:

• But so far today, I'm sorry to say I haven't heard any evidence, any analysis...
• impact, because you didn't discuss fiscal impacts within this presentation, that that would then have
• I am not aware of a fiscal impact, you know, being a trigger point for an additional evaluation.
• I am aware that OFAR is required to review all rules, but it's not related to fiscal impact.
• But so to answer your question, I'm not aware of a trigger point related to the fiscal. Thank you.

Summary: The Senate Health Policy Committee met with a quorum and considered several health-related bills, most of them focused on drowning prevention and public safety. SB 428, by Senator Yarborough, would expand Florida’s swim lesson voucher program from children ages 0-4 to ages 1-7. The sponsor and supporting testimony from a pediatric emergency physician and YMCA representatives emphasized Florida’s high drowning rates, especially among very young children, and argued that swim lessons can significantly reduce risk. Senator Harrell noted the need to revisit the funding allocation as eligibility expands. The bill was reported favorably. The committee also heard SB 606, by Senator Smith, which adds drowning prevention and safe bathing practices to postpartum education provided by hospitals, birthing centers, and, after amendment, no longer requires home birth providers to maintain proof of compliance. A parent who lost a child to drowning and Senator Berman spoke in strong support, stressing that the bill would educate new parents at a critical time. The committee adopted the amendment and reported the bill favorably as a committee substitute. SB 162, by Senator Davis, would require hospitals and ambulatory surgical centers to adopt policies using smoke evacuation systems during procedures that generate surgical smoke. The sponsor said the equipment is relatively low-cost and already used in many facilities, while several witnesses supported the bill as a worker-safety measure. Other senators raised concerns about the lack of data, possible rural hospital impacts, and whether the mandate could add costs without clear evidence of harm. Despite those concerns, the bill was reported favorably. The committee also passed SB 340, by Senator Harrell, requiring nursing students to complete a two-hour human trafficking course before licensure, after amending the bill to shift the requirement from nursing programs to the students themselves. Testimony from a trafficking survivor and nursing advocates supported the measure, and it was reported favorably as a committee substitute. Finally, SB 192, presented by Senator Trumbull on behalf of Senator Martin, removed the $1,500 cap on advances chiropractic physicians may collect for examinations or treatment; chiropractic industry representatives supported the change, and the bill was reported favorably.

Transcript Highlights:

• a record-shattering 25.6%. compared to prior fiscal years.
• Estimated balances from fiscal years 25 through 27.
• The state provides the analysis, the care for the child.
• When you all finish your final analysis, we'll be back.
• fiscal year 25.

Keywords: 1184, house, all

Transcript Highlights:

• , with HDA and say this is our analysis, with HDA and say this is our analysis, you<00:36:52.240>
• Department of Labor on some analysis Department of Labor on some analysis training<01:25:45.440>
• growth in fiscal year 2025. growth in fiscal year 2025.
• So, going back to the current fiscal year 2026, for the first five months of fiscal year 2026, as
• end of this fiscal plan. end of this fiscal plan.

Keywords: 912, senate, all

Transcript Highlights:

• Our analysis also noted racial disparities.
• Of the roughly 13,000 applicants in fiscal year 2024, only 5,000 were certified.
• In fiscal year 2025, only about one-third of applicants were.
• In fiscal year 2025, only about one third of applicants were.
• But by fiscal year 2025, the percentage had fallen to 21%.

Summary: The Joint Legislative Audit and Review Committee held a public hearing on the State Auditor’s Office performance audit of Washington’s Restoring Quality Home Care Initiative (I-1163). Auditors said the initiative’s background checks and 75-hour training requirement are widely viewed as safety measures, but the state lacks pre-2011 data to directly measure safety outcomes. They also found Washington’s long-term care workforce is still short, though the state ranks better than many others in workers per disabled person, and that some groups and regions have larger gaps between authorized and actually used Medicaid care hours, suggesting access problems for certain clients. The audit focused heavily on the certification process for home care aides. Auditors reported that many applicants never finish certification, that the process often exceeds the 200-day legal deadline, and that delays can cause lost income, job loss, and in some cases repeated employer changes that allow aides to keep working without becoming certified. They recommended that the Department of Health accept applications only after training and testing are completed, move testing into training programs more broadly, and eliminate redundant DOH verification of FBI background checks. Committee members asked about testing contract incentives, language access, and the role of immigration in workforce shortages; auditors said they found no financial performance standards in the Prometric contract, did not specifically study immigration status, and did not focus on language barriers in this audit. Department of Health and Department of Social and Health Services officials largely agreed with the audit’s findings and recommendations. They said they have already made improvements, including expanded in-program testing, more staffing, and rule changes, and that testing has been integrated into more than 110 training programs. DSHS noted testing is offered in 13 languages. Both agencies said they support further streamlining and expect continued collaboration, including possible budget or legislative requests. No public testimony was offered, and the committee adjourned without taking any vote or formal action on the audit.

Transcript Highlights:

• THAT PRESENTS A FISCAL, A SIGNIFICANT FISCAL.
• BUT IN BEING A FISCAL CONSERVATIVE THIS IS MY FIRST STEP IN ELIMINATING STEP THERAPY SO I HOPE THAT WE
• CHAIR HARRELL ASKED IF WE WOULD OFFER SOME TALKING POINTS RELATED TO THE FISCAL ASSOCIATED WITH THIS
• FOR SAVINGS AND I'LL QUOTE THE LINE IN THE COMMITTEE ANALYSIS, THE BILL COULD ALSO MITIGATE COST TO
• IT MAKES TENSE FISCALLY AND COMPASSIONATELY SO I RESPECTFULLY ASK YOU TO PLEASE VOTE YES ON SB 264.

Keywords: 999, senate, all

Transcript Highlights:

• Over 66,000 pass-through analysis.
• That is the fiscal note.
• It's gone. citizens of this state need a fiscal citizens of this state need a fiscal note. note. note
• I doubt the fiscal And guess what?
• fiscal cost to the state of Minnesota. fiscal cost to the state of Minnesota.

Keywords: 1187, senate, all

Transcript Highlights:

• generates about $45 million in fiscal generates about $45 million in fiscal year<00:12:03.600>
• Year 2026, $9.6 million in fiscal year 2027, $26.3 million in fiscal year 2028, and $39.8 million in
• fiscal year 2029.
• If you look at the House File 5 fiscal analysis from Mr.
• analysis from Mr.

Bills: HF5

Keywords: tax modification, transportation funding, electric vehicle tax, Social Security subtraction, retail delivery fee, motor vehicle registration, state budget, transportation policy, 1183, house

Summary: The Transportation Committee resumed consideration of House File 5, which would reduce transportation-related revenues while also providing tax relief, including a subtraction for Social Security income, elimination of the delivery fee, and a cap on automatic gas tax indexing. The committee adopted the A1 author’s amendment, which added the phrase “using existing resources,” and then proceeded to public testimony. Representative Joy described the bill as making Minnesota more affordable, while several members and testifiers raised concerns about the impact on transportation funding and road maintenance. MnDOT Commissioner Nancy Doppenberg testified that reductions in planned transportation investments would worsen pavement, bridge, and roadway conditions, reduce construction projects and jobs, and add to an already large funding gap. Committee discussion focused on the estimated revenue losses from the bill, including about $45 million in fiscal year 2026 and $55 million annually from repealing the delivery fee, plus additional losses from capping gas tax indexing, for a combined transportation revenue reduction of about $131 million in the 2026-27 biennium. Members also asked about bridge aesthetics, paint, transit impacts, and whether other mandates and cost increases should be considered alongside revenue reductions. Supporters of the delivery fee repeal, including the Minnesota Grocers Association and Minnesota Retailers Association, argued the fee is costly to administer, confusing to consumers, and disproportionately burdens small businesses and lower-income or disabled consumers who rely on delivery. The Minnesota Association of Townships and the Minnesota Transportation Alliance emphasized that rural and local governments face major road and bridge funding needs and warned that reducing revenue would shift costs to property taxpayers or leave projects unfunded. No final vote on the bill was taken in the portion of the meeting provided; the committee continued with testimony and member questions.

Transcript Highlights:

• than what passed the floor it has fiscal than what passed the floor it has fiscal in<00:13:43.680
• out which budgets are more fiscally out which budgets are more fiscally responsible<00:37:04.640
• was a factor that we had fiscal was a factor that we had fiscal disparity<03:18:53.080> Aid
• Those of you that are on fiscal committee know that going to fiscal committee is not a grant approval
• through fiscal committee.

Keywords: 928, house, all

Summary: The Division 2 Finance Committee work session focused primarily on House Bill 115 and a proposed amendment, 114H, which would carry over language from HB 2 into HB 115 and place limits on Education Freedom Accounts (EFAs). Representative Murray described the amendment as a way to keep the 350% federal poverty eligibility cap, require students to have attended a charter public school in grades K-12 for the preceding year before entering the voucher system, and add guardrails against universal eligibility. She argued the state was facing a severe budget crisis, that expanding EFAs would divert money from other programs, and that public testimony and local votes showed widespread opposition to expansion. She also cited a letter from former Finance chair Neil Kirk opposing expansion. Other members responded that the committee should not revisit policy already decided by the House, though some said the amendment was fair to discuss because of its fiscal implications and supported it on that basis. The discussion then broadened into a debate over the fiscal impact of universal vouchers and the reliability of enrollment and cost estimates. Representative Luno argued that prior EFA projections had relied on assumptions that could badly underestimate state exposure, pointing to Arizona as a cautionary example and saying New Hampshire should not expand the program without better analysis. Representative Papovich similarly warned that universal eligibility could create a large, unexpected cost, estimating a potential exposure of about $285 million based on school-age children not currently in public, charter, or EFA programs. In contrast, Representative Weyler said EFAs can save money because public school spending is already high and parents using EFAs still pay taxes and take on more responsibility for their children’s education. After discussion, Representative Murray moved to accept the amendment, and Representative Bean seconded it. There was some procedural clarification about voting on the original bill and the amendment. The transcript ends before a final recorded vote on the amendment or on HB 115 itself, though the committee had also been told it would likely reconsider several retained bills later in the week, including HB 129, HB 133, HB 671, and HB 781.

Transcript Highlights:

• past practices, upon the completion of the legislative session, the LEAP staff will meet with the fiscal
• Yeah, the search capabilities on the fiscal website is, we're aware of the certainly, capabilities on
• the fiscal website is we're aware of the certainly the challenges for the you know the general public
• OFM budget staff will then review these proposals and make recommendations to the legislative fiscal
• We are proposing to move it into our tax analysis, interpretation, and technology support program.

Summary: The LEAP committee met on June 18, 2025, with introductions from members and staff, then received a clean audit report from the State Auditor covering 2020–2024. The audit reviewed accounts payable, general disbursements, theft-sensitive assets, and data backup/recovery, and found no findings. Staff also outlined the interim work plan, including a full rewrite of the capital budget application (Build Sum), updates to the transportation bond model and operating budget tools, website improvements, and continued research into secure, responsible AI use. Members asked about AI safeguards, keyword search improvements, and making the website more user-friendly, especially on mobile devices. The committee approved the July 8, 2024 minutes after a quorum was reached. It then considered and unanimously approved several budget format changes: the Department of Corrections moved chemical dependency and sex offender treatment into its health care program and renamed Program 700 from “Offender Change” to “Reentry Services”; the Department of Revenue moved the AMP program into its tax analysis and technology support program; and the Department of Transportation changed a toll program title and added new sub-programs for State Route 509 and State Route 167 toll operations to reflect new facilities and more accurate reporting. Kevin Feltis also provided staffing updates, noting the retirements of longtime LEAP staff, the hiring of three new associate consultants in October 2024, and an upcoming December 2025 retirement for Sherry Randage after decades of state service. The new staff members briefly introduced themselves and expressed enthusiasm for their work. The meeting ended with thanks to members and staff and adjournment after the committee completed its business.

Transcript Highlights:

• The Committee on Fiscal Policy will now come to order. Michelle, please call the roll.
• bill also requires DCF to contract for a bed capacity study for residential treatment and a gap analysis
• Not only from our duty as the fiscal agents of the taxpayer dollars, but to these children who really
• constrained—one of the fiscally constrained programs has been outdated.
• constrained—one of the fiscally constrained programs has been outdated.

Summary: The Committee on Fiscal Policy met and first considered CS/SB 7012 on child welfare, presented by Senator Graal. The bill addressed three areas: child welfare workforce shortages, higher-acuity children in out-of-home care, and services/data for commercially sexually exploited children. It would create a CPI and case manager recruitment program aimed at former public safety and service workers, convene a workforce work group, establish a four-year treatment foster care pilot in two judicial circuits identified by DCF based on removal and placement data, and require more detailed, extractable child-level data on commercially sexually exploited children along with a bed capacity study and service gap analysis. Two amendments were adopted: one clarified record retention for redacted assessments, and another attached the appropriation. The committee then heard CS/SB 110 on rural communities from Senator Simon. The bill proposed a broad rural development package, including a state office of rural prosperity, a Renaissance grant program for counties with declining populations, increased housing support, major rural road funding, school consortium funding, and additional health care resources for rural facilities and training. A delete-all amendment was adopted that expanded and refined several provisions, including local sales tax trust fund distributions, county connectivity projects, agritourism marketing support, disaster-impacted rural infrastructure eligibility, insurance and provider eligibility changes, and increased funding for critical access hospitals and rural medical education reimbursement. Both bills drew broad support from local government, education, health care, housing, and rural advocacy representatives. Supporters said the rural bill was especially comprehensive and would help small counties, schools, roads, housing, and health care, while one witness cautioned that road expansion should be balanced with protection of agricultural and natural lands. Senator Bradley and Senator Simon emphasized local control and the importance of strengthening rural Florida without imposing mandates. CS/SB 7012 and CS/SB 110 were both reported favorably, and the committee then adjourned.

Transcript Highlights:

• It is both a fiscally prudent strategy that is a correction from the past.
• The projected ending fund balance in fiscal year 26 is negative 26.3 million.
• Fiscal years 2026 and 2027 are projected by NMSEA Benefit Consulting.
• It was sent out earlier this fiscal year.
• Slide two just kind of gives an overview of where we finished fiscal year 25.

Keywords: 996, all

Transcript Highlights:

• So, it really this cost in the fiscal.
• So, um, yeah, I to uh a fiscal bill.
• And I think what we're fiscal impact.
• Looking at the fiscal >> Yes. Thank you.
• us into a fiscal constraint. us into a fiscal constraint.

Keywords: 928, house, all

Summary: The committee first heard testimony on House Bill 1042, which would increase the BFA contingent credit limit. State Treasurer Monica Misipelli explained that under RSA 66, state debt capacity is tied to unrestricted revenue and that guaranteed debt counts in the calculation even though it is contingent rather than direct debt. She said the state currently has about 4.2% to 4.3% debt-to-revenue ratio, about $120 million in additional capacity, and that approving the bill’s proposed increase would reduce available capacity for future state borrowing, including capital budgets. She noted the BFA has a long history of using guarantees without a state payout, but said the legislature should consider whether the full additional $250 million is needed and whether unused guarantee authorizations, such as one for the Pease Development Authority, should be reviewed in the future. Committee members asked whether guarantees have the same effect as actual debt for bonding capacity, and the treasurer confirmed that they do for purposes of the formula. Members also asked about the usual level of debt relative to the statutory 10% cap, and she said the state generally stays well below that limit. BFA Executive Director James Key Wallace then testified that the request was driven by rising project costs, inflation, and the need for more runway so the agency does not have to return to the legislature in an emergency. He said the BFA is self-supported, has never had a guarantee paid out by the state, requires collateral and reserves, and believes the appropriate range is closer to $400 million to $450 million; he also said a Senate bill would raise the limit to $400 million. He added that the BFA’s pipeline includes projects from about $15 million to $100 million and that housing availability is an important factor in business location decisions. After closing the work session on House Bill 1042, the committee opened House Bill 241, a bill on health insurance coverage for pain management services for chronic pain. Representative Dave Nagel, the prime sponsor, gave extensive background on his long career in pain medicine and said the bill is intended to improve access to non-opioid therapies and evidence-based pain management. He described the broad population affected by chronic pain and opioid use disorder, and said the proposal has long had bipartisan and stakeholder support. No vote or final action was taken on House Bill 241 in the portion of the meeting provided.

Transcript Highlights:

• We went through a whole analysis of what it would take to move OSU Medical Center to a level one trauma
• So we need, we'll need funding for fiscal year 27.
• We do have some big projects for fiscal year 26. We are continuing to build out the new software.
• We do have a couple of big education campaigns that will be coming up this year, fiscal year.
• It looks like from fiscal year 2025 to 2026, we changed to a budget line that says science.

Keywords: 914, all

Transcript Highlights:

• We did do a preliminary analysis looking at fiscal years 24 and 25 projects specifically at the ability
• ><00:48:31.760> at<00:48:32.000> fiscal preliminary analysis looking at fiscal preliminary
• analysis looking at fiscal years<00:48:32.800> 24<00:48:33.200> and<00:48:33.440> 25
• We talked about it during the fiscal analysis to invest in transportation, and we respectfully urge you
• We talked about it during the fiscal analysis to invest in transportation, and we respectfully urge you

Keywords: 1187, senate, all

Transcript Highlights:

• And when they do, they come down in the analysis. We do prior-year sales.
• So right now, in 2025-26, we have 29 fiscally constrained counties.
• For fiscally constrained counties just homestead, so it would be a For fiscally constrained counties
• It's fiscally constrained.
• And so it's a population-based analysis to get those in the play.

Summary: The Select Committee on Property Taxes met for an educational session focused on how Florida funds public schools and how property taxes are assessed and levied. Dr. Jim Zengali of the Department of Revenue explained the FEFP school funding formula, noting that it is built on weighted student counts, a base student allocation, and programmatic add-ons such as transportation, exceptional student education, school safety, and mental health. He said school funding is roughly split between state general revenue and local property taxes through required local effort, with additional discretionary and capital outlay millages contributing to total school funding. He also described the Department of Revenue’s role in certifying property rolls at fair market value and reviewing them for substantial compliance, including the so-called “nuclear option” if a roll is not approved. Members asked about trends in millage rates, county-by-county funding differences, the effect of growth and enrollment changes, and how property appraisals are reviewed. Zengali said aggregate millage for school funding has declined over the last decade while revenues have still increased, and he agreed to provide additional data on county trends, parcel strata, student growth, and enrollment impacts. He also clarified that school funding is equalized so students receive similar resources regardless of county wealth, and that federal funding plays only a small role in the FEFP. Amy Baker of the Joint Legislative Office of Economic and Demographic Research then discussed existing homestead benefits. She said about half of Florida’s parcels are homestead properties, most fall in the $250,000 to $500,000 value range, and many seniors without mortgages pay property taxes in lump sums rather than through escrow. Baker explained that Florida’s homestead tax burden is middle-of-the-pack nationally and that the main benefits are Save Our Homes and portability on the differential side, plus the $25,000 homestead exemption and related exemptions on the exemption side. She said these benefits reduce taxable value substantially, with homestead properties receiving a large share of the reductions, and noted that the committee requested follow-up data on exemption usage, portability timing, senior exemptions, and county-level patterns. The final presentation, by Lizette Kelly of the Department of Revenue, covered millage rates and the TRIM process. She reviewed the history of truth-in-millage notices, required taxpayer mailings, public hearing notices, and later changes that tied local millage resets to rollback and majority-vote rates. Kelly explained the difference between proposed and adopted millage, the rollback rate, and the majority-vote rate, and described how taxing authorities include counties, cities, special districts, and MSTUs. She also outlined how county taxable value is calculated from just value through assessment differentials and exemptions, and how certain exemptions, such as the additional senior exemption, apply only to the taxing authority that adopted them. No votes were taken during the meeting, but members requested several follow-up data reports for later discussion.

Transcript Highlights:

• Based on data collection and Analysis Based on data collection and Analysis that<00:30:37.880>
• year to conduct an Actuarial analysis year to conduct an Actuarial analysis and<01:15:14.880>
• :15:16.480> kind and an implementation analysis for kind and an implementation analysis for kind
• and the actuarial analysis.
• Commissioner, I believe we would need a fiscal note to assess the savings.

Keywords: 1187, senate, all