Video & Transcript : 'surplus requirements' :

Page 39 of 500
TX

Texas 89th 2nd C.S.

Ways & Means Feb 25th, 2025

Ways & Means

Transcript Highlights:
  • may be required to get there.
  • Why do we require such a high number of people to report?
  • , but the business owner is required to render the value.
  • Taxing units are required to adopt tax rates annually.
  • Uh, is there any reporting requirements?
Committee: House Ways & Means
TX

Texas 89th Regular

Ways & Means Feb 25th, 2025

Ways & Means

Transcript Highlights:
  • Right, but I guess your statement is that we don't have a structural surplus, we have a surplus as a.
  • It only requires applying the easy tax rate to the apportioned revenue.
  • may be required to do. get there, I'm sure it would be.
  • Taxing units are required to adopt tax rates annually.
  • Are there any reporting requirements?
Committee: House Ways & Means
Keywords: 1184, house, all
MN
Transcript Highlights:
  • We have a surplus, a modest surplus, and I hope that we are very, very frugal in the session.
  • We have a surplus,<00:11:53.279><c> a</c><00:11:53.519><c> modest</c><00:11:53.920><c> surplus,</c><00
  • :11:54.800><c> and</c><00:11:55.040><c> I</c><00:11:55.200><c> hope</c> surplus, a modest surplus, and
  • I hope surplus, a modest surplus, and I hope that<00:11:55.760><c> we</c><00:11:56.399><c> are</c><00
  • ><c> carries</c><00:15:49.920><c> over</c> Left unspent, the surplus carries over Left unspent, the surplus
Keywords: 1187, senate, all
LA

Louisiana 2026 Regular Session

Revenue and Fiscal May 19th, 2026

Transcript Highlights:
  • We have, you know, obviously we have the surplus, et cetera, et cetera.
  • And right now, the state projects is not the constitutionally required five-year plan.
  • We had $574 million in bonding capacity added, plus 18.9% of surplus.
  • We're giving you a, well, our starting point was $18 million plus some surplus money.
  • And you did use half of the surplus cash, and you've left half the surplus cash for us to use as well
Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 19, 2026, established a quorum, approved the May 11 minutes, and then took up several House bills. House Bill 1039, presented by Rep. DeSotel, would add taxpayer protections in local sales tax audits by requiring clear notice that waiving prescription is voluntary, requiring a written request identifying records sought before an estimated assessment, and allowing mutual agreements to suspend interest and penalties during an audit. The committee had no opposition and reported the bill favorably. House Bill 799, handled by the State Fire Marshal’s office, would move boiler inspections into the Fire Marshal’s office and allow licensed industry inspectors to perform them, with the stated goal of improving efficiency because current staffing only covers about 20% of inspections; it was also reported favorably without objection. The committee then spent most of the meeting on House Bill 2, the capital outlay bill, with Chairman Bacala explaining that the House had worked with the Division of Administration and Facility Planning and Control to find about $50 million in savings through cash-flow adjustments, under-budget bids, over-appropriations, and bundled-project savings. He argued the bill has grown beyond a true five-year plan and that some prior funding is not transparent because money placed in projects in earlier years no longer appears in later versions of the bill. Division officials said the savings would help address deferred maintenance, especially in higher education, and that Priority 2 projects are used to absorb additional funds if more savings are found later in the year. Senator Luneau asked about dormant projects and the process for removing or reallocating funds from projects with no recent expenditures; officials said such removals must go through the Bond Commission and that they are considering ways to improve the process. Bacala then offered amendments to HB 2, saying they kept Priority 1 fully funded, added about $54 million in Priority 2 projects, and included a large Priority 5 list of member requests. The committee adopted the amendment set without objection and then reported HB 2 as amended favorably. The committee also reported House Bill 3 favorably; Bacala described it as a housekeeping measure that provides bonding capacity to move HB 2 forward. Finally, the committee granted staff authority to make technical changes to the reported bills and adjourned on Senator Lambert’s motion.
AL

Alabama 2025 Regular Session

Alabama Senate Mar 4th, 2025

Alabama Senate Floor Meeting

Transcript Highlights:
  • That your word says in Micah 6:8, what the Lord requires of us is to do justly, love mercy, and to walk
  • Under current law, the SEC, Secretary of State, is required to attend these commission meetings once
  • This bill amends that law requiring the economic statement for candidates to be filed within 5 days after
  • It doesn't require anybody to accept it or use it.
FL

Florida 2025 Regular Session

Senate in Session Mar 4th, 2025

Florida Senate Floor Meeting

Transcript Highlights:
  • OUR STATE HAS BEEN WELL SERVED BY PERFORMANCE METRICS, PLANNING REQUIREMENTS, AND ACCOUNTABILITY STANDARDS
  • SENATOR GRALL IS SPONSORING LEGISLATION WHERE ALL STATE AGENCIES WOULD BE REQUIRED TO COMPLETE A FIVE-YEAR
  • A FOCUS ON MENTAL HEALTH TRAINING AND INCREASING ADULT DAY HEALTH PROGRAMS TO SERVE VETERANS WHO REQUIRE
NH

New Hampshire 2025 Regular Session

House Finance (04/03/2025)

Transcript Highlights:
  • So I'll quickly go through the surplus statement.
  • </c> I'll quickly go through the Surplus I'll quickly go through the Surplus statement<00:04:48.759><
  • </c><00:11:52.000><c> a</c> uh by such an amount that required a uh by such an amount that required a
  • It includes surplus statements. You present that to the entire House next Tuesday.
  • It includes surplus statements. You present that to the entire House next Tuesday.
Keywords: 928, house, all
Summary: The House Finance Committee met for final approval of HB 1 and HB 2, with legislative budget staff Michael Kain reviewing the final amendment documents and surplus statements. Kain explained that HB 1474H and HB 1484H incorporated the committee’s prior votes and the Governor’s recommended sections, and he walked through the budget math for the general fund, education trust fund, Highway Fund, and Fish and Game Fund. He said the committee’s proposal remained balanced overall, though the current-year general fund showed a projected deficit that HB 2 would address by allowing a possible rainy day fund transfer if needed. He also noted that the committee’s revenue estimates were below the Governor’s, requiring reductions and adjustments to appropriations and lapse assumptions. Members discussed the rainy day fund provisions, including a section in HB 2 that suspends existing restrictions so a transfer can be made if the deficit materializes. Kain said the committee’s approach differed from the Governor’s because the state was not below the overall revenue plan, and the fiscal committee would retain a role in determining any transfer. He also summarized that the Highway Fund would end with about a $13 million balance and Fish and Game with about $3 million, both without additional general fund support. The committee then adopted two amendments to HB 2 unanimously: Amendment 1473H, a technical cleanup to the Group 2 retirement seven-year rule, and Amendment 1482H, a technical correction to the recreational services language. Amendment 1484H, which incorporated those changes into HB 2, was adopted on a 14-1 vote after minority members objected to the bill’s broader cuts and policy changes, including reductions to state agencies, health and human services, and education-related provisions. The committee also adopted Amendment 1474H to HB 1A on a 14-1 vote after similar debate over budget reductions, vacancies, university funding, and school spending limits. Finally, the committee voted 14-1 to report HB 1A and HB 2 as amended as ought to pass, with the minority voting no and the committee planning a full House presentation the following week.
NH
Transcript Highlights:
  • A licensure requirement is added, whereas today in RSA 5B there is no licensure requirement.
  • And then the question is: is your surplus adequate? And surplus doesn't mean more than you need.
  • And then the question is: is your surplus adequate? And surplus doesn't mean more than you need.
  • </c><01:35:28.800><c> I</c> requirement. I I think you're right. I requirement.
  • Happy to do that. requirement for filing tax returns. Tax requirement for filing tax returns.
Keywords: 1189, house, all
Summary: The subcommittee took up the pooled risk management program bill and reviewed a new amendment drafted with input from the Insurance Department and Legislative Services. Department witnesses explained that the proposal would move oversight of pooled risk management programs from the Secretary of State’s office to the Insurance Department, add a licensure requirement, preserve the programs’ non-insurer status, and exempt them from third-party administrator licensure. They also described a series of solvency tools in the draft, including financial reporting, risk-based capital standards, minimum capitalization, investment limits, commissioner examination and enforcement authority, rulemaking authority, merger and affiliate-transaction review, confidentiality protections, and a separability clause. A major theme of the discussion was that pooled risk management programs differ from commercial insurers because the risk remains with the member local governments rather than being backed by a state guarantee fund. Witnesses said the bill is designed to emphasize solvency over return of premium and to give the Insurance Department a regulatory “toolbox” to prevent insolvency, including a proposed $5 million excess or stop-loss coverage benchmark, optional accessible policies, and a requirement that boards vote on dividends or premium returns when capital exceeds 600% of risk-based capital. Members questioned how this approach differed from the original Secretary of State bill and whether assessments on towns would still be possible; the department responded that the new framework would allow more flexible oversight and alternatives to immediate court action. The committee also discussed why the statute should continue to say the programs are not insurers, with the department explaining that this preserves their autonomy and avoids applying unrelated insurance laws and premium taxes. Members asked about the department’s workload and were told the department believed it could absorb the new duties without additional funding. No vote or final committee action was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Floor Session 4/10/25

Minnesota House Floor Meeting

Transcript Highlights:
  • inform the property owner whether there is a surplus and what their rights are to that surplus.
  • </c><00:28:47.760><c> in</c> possession of any sort of surplus in possession of any sort of surplus in
  • ><c> when</c> requires sheriff departments when requires sheriff departments when they're<00:29:26.799
  • </c><00:29:33.440><c> that</c><00:29:33.960><c> surplus.
  • </c> their rights are to that surplus. their rights are to that surplus.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 04/23/26

State and Local Government

Transcript Highlights:
  • And this one on page HR1 requirements.
  • . requirements. requirements.
  • What we have in front of us, the community engagement requirements of the work requirements, this is
  • This would add an surplus dollars.
  • Senator Johnson-Stewart. requirements before having to thumb requirements before having to thumb through
Keywords: 1187, senate, all
WA
Transcript Highlights:
  • Non-admitted companies are also just known as surplus line companies.
  • They are required to have at least $15 million in capital surplus, but we do not review policy language
  • They are required to have at least $15 million in capital surplus, but we do not review policy language
  • We do license surplus line brokers, and all Washington consumers must go through a licensed surplus lines
  • It's not required, particularly if people take loans and banks.
Summary: The committee heard a work session on earthquake insurance, beginning with background from the Office of the Insurance Commissioner. OIC staff explained that earthquake and earth movement are generally excluded from standard property policies, that earthquake coverage is usually purchased through endorsements or standalone policies with high deductibles and relatively high premiums, and that surplus lines are a limited backstop market not covered by the state guarantee fund. They also described parametric insurance and captive insurance as more specialized products generally suited to commercial or governmental buyers rather than ordinary consumers. A second panel of insurance and banking experts focused on commercial earthquake exposure, especially for older buildings, collateralized loans, and potential knock-on effects to banks and consumers if a major quake caused widespread damage. Members asked about consumer impacts, mitigation incentives, inventories of vulnerable buildings, and whether legislation such as prior work on unreinforced masonry could help reduce risk. The Washington Bankers Association said earthquake insurance is expensive and that affordability is a major concern, while also noting banks participate in disaster-recovery planning and would be affected by major regional losses. No votes or formal actions were taken. The committee then received a presentation from the Washington State Institute for Public Policy on its cannabis and Initiative 502 research. WSIPP staff described the agency as a nonpartisan research institute that conducts legislative-directed studies and explained that its long-term I-502 assignment includes periodic reports leading to a final benefit-cost evaluation in 2032. Staff summarized findings from a 2023 report showing that cannabis possession convictions fell sharply after legalization, though some racial disproportionalities persisted, and that closer retail access was associated with higher reported adult cannabis use, more fatal traffic crashes involving drivers from nearby areas, and higher rates of cannabis use disorder diagnoses among Medicaid enrollees. A 2023 youth-focused report found that students attending schools near retailers were more likely to report cannabis use, had more unexcused absences, and were less likely to graduate on time. In the newest 2025 Medicaid study, staff said retail access was associated with higher probabilities of cannabis use disorder diagnoses, related hospitalizations, inpatient treatment, and co-occurring mental health diagnoses, with event-study analysis suggesting the increases appeared after retailers opened rather than before. Members asked about racial disproportionality, the meaning of cannabis use disorder diagnoses, THC and impairment, whether the findings reflected medical versus recreational use, and how the results should be interpreted in light of broader trends and data limitations. No formal committee action was taken.
MN
Transcript Highlights:
  • So, with an $18 billion surplus that turned into a $6 billion deficit, there's lots of ways we can talk
  • So, with an $18 billion surplus that turned into a $6 billion deficit, there's lots of ways we can talk
  • the event of a surplus.
  • The condition is that there has to be a surplus before we give that back.
  • Now you can look at the surplus that we currently have, and it's not a structural surplus, so I would
Keywords: 1187, senate, all
FL

Florida 2026 5th Special Session

FL House Floor Session - 2026-03-09 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So there are requirements; it can't just be any company.
  • So there are requirements; it can't just be any company.
  • So I think that we have sufficient strength requirements in terms of the financial strength for the surplus
  • in the surplus lines market.
  • Is there a notice requirement to the insured?
Summary: The House convened with prayer, a moment of silence for former Judge John Carlin, the Pledge of Allegiance, and a recognition of FSU Police Officer Cody Popple for his actions during the April campus shooting. The Speaker also outlined the final week of session, noting the House would focus on Senate bills and returning messages, and that the 2026-27 budget would not be completed by the end of the week. The chamber then adopted the special order calendar for the day. The House passed several technical and open-government bills, mostly on strong bipartisan votes. These included SB 100, SB 104, and SB 102 on the Florida Statutes and reviser changes; SB 7006, SB 7014, SB 7002, SB 7012, SB 7024, SB 7016, SB 7026, SB 7008, SB 7000, and SB 7004, which extended or preserved various public records or meeting exemptions involving the Public Service Commission, social media investigations, military affairs, highway safety investigations, cybersecurity, small business loan records, trade secrets, emergency shelter locations, and conviction integrity units. Members asked questions on several of these bills, especially about the scope and purpose of the exemptions, but the bills generally advanced with little opposition. The chamber also took up more substantive measures. SB 7040 recreated the emergency preparedness and response trust fund and drew extended debate over whether the fund had been misused for the Everglades detention facility; an Escamani amendment to let the fund expire failed, while a Griffiths amendment adding limits and oversight was adopted, and the bill ultimately passed 82-25. CS/CS/SB 302 on coastal resiliency passed unanimously after supporters highlighted nature-based shoreline protection and a Biscayne Bay provision. CS/CS/SB 984 on firefighter cancer benefits passed after a House amendment aligned it with the House version. CS/SB 474 on military affairs passed unanimously after an amendment allowing local governments to extend Guard leave. SB 488 on the Department of Highway Safety and Motor Vehicles was debated extensively over vehicle registration requirements, license plate frames, and I-94 documentation, with amendments including one for disabled veterans and another on dealer allocation; the transcript cuts off before final disposition of that bill.
FL

Florida 2026 Regular Session

Banking and Insurance Nov 19th, 2025

Banking and Insurance

Transcript Highlights:
  • In the surplus lines market, it's different.
  • Surplus lines is historically, if you go back to surplus lines, it's kind of the origination of insurance
  • You wouldn't necessarily want to see a mass-market approach to the surplus lines.
  • Most surplus lines carriers would not probably be interested in that.
  • It's more like a surplus lines entity, and its rates and forms are not regulated.
Summary: The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes. Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure. In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.
NH

New Hampshire 2025 Regular Session

House Finance Division II (03/28/2025)

Transcript Highlights:
  • The next three pages are the surplus statements. You notice I do have draft watermarks on here.
  • The next three pages are the surplus statements. I do have draft watermarks on here.
  • The next three pages are the surplus statements. I do have draft watermarks on here.
  • The next three pages are the surplus statements. I do have draft watermarks on here.
  • The next three pages are the surplus statements. I do have draft watermarks on here.
Keywords: 928, house, all
Summary: The committee first considered an amendment to add a new “Lakes” license plate to HB 2, with proceeds directed to the cyanobacteria fund for lake cleanup. Representative McGuire said the bill had already passed on consent and asked that it be included in HB 2; members discussed that it had also gone to the Senate. The motion to adopt the amendment failed on a 7-8 vote. The committee then took up an amendment imposing a 5% administrative fee on certain dedicated funds, with several exemptions for funds that could not legally or appropriately be charged, such as those involving federal money or bequests. Supporters said it would make the treatment of dedicated funds more consistent and raise roughly $31 million over the biennium for the general fund, while opponents questioned the number of carve-outs and who currently pays the administrative costs. The amendment failed on a 4-5 vote. Next, the committee reconsidered and then adopted an amendment changing the distribution of business profits tax and business enterprise tax revenue, reducing the share going to the Education Trust Fund from 41% to 30% and increasing the General Fund share. Supporters argued the Senate had overfunded the Education Trust Fund and that the change would help balance the budget without changing education spending levels; opponents said they could not support taking money from the Education Trust Fund. The amendment passed 5-3. The committee also adopted, by the same 5-3 margin, an amendment incorporating HB 741 language on open enrollment and student attendance in public schools, with supporters calling it House policy and opponents noting it had been a close, partly partisan vote in the House. Finally, the committee considered a change to the University System of New Hampshire budget that would reduce general fund appropriations by $40 million per year, offset in part by $15 million in previously approved unique dollars for a net reduction of $25 million per year. Supporters said the cut was necessary to balance the budget and that other options had been exhausted; opponents called it harmful to the university system and argued the committee should instead look to other areas, including education freedom accounts, for savings. The discussion continued, but the transcript excerpt ends before a final vote on the UNH item.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-03-09 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So there are requirements; it can't just be any company.
  • So I think that we have sufficient strength requirements in terms of the financial strength for the surplus
  • So I think that we have sufficient strength requirements in terms of the financial strength for the surplus
  • in the surplus lines market.
  • Is there a notice requirement to the insured?
Keywords: 998, house, all
FL

Florida 2026 Regular Session

Appropriations Committee on Agriculture, Environment, and General Government Feb 4th, 2026

Appropriations Committee on Agriculture, Environment, and General Government

Transcript Highlights:
  • The bill requires that there be reasonable supervision.
  • There are, even in the surplus lines market, there are limits and requirements around how you can do
  • And in 2023, the law gave DFS the authorization to require licensure.
  • that really will be required to adopt.
  • , that really will, they will be required to adopt.
Bills: S0302 , S0394 , S0480 , S0546 , S0636 , S0774 , S0796 , S1028 , S1050 , S1066 , S1120 , S1230 , S1288 , S1682
Summary: The committee heard and advanced several bills, beginning with CS/SB 796, which would create Veterinary Professional Associates as a new supervised veterinary role, expand telehealth prescription timeframes, and set training and scope limits. Supporters said it would improve access to care, lower costs, and create a career path, while opponents argued the proposal lacked a clear regulatory framework, could create liability and federal-law conflicts, and would not address the real shortage in rural large-animal practice. After debate, the committee reported the bill favorably. Members also heard and favorably reported SB 1682 on local authority over derelict and abandoned vessels, CS/SB 1028 on a commercial Citizens clearinghouse for property insurance, SB 394 on exempting certain reinsurance underwriting managers from licensing, SB 636 on beach management and erosion designations, CS/SB 546 on public notice for conservation land sales or exchanges, CS/SB 302 on Biscayne Bay nature-based solutions and related coastal resiliency provisions, SB 1050 on pharmacy choice for pet medications, and SB 774 extending workers’ compensation benefits to 911 public safety telecommunicators for mental and nervous injuries. Testimony on these bills generally focused on access, regulatory clarity, environmental protection, or workforce support, with some concerns raised on insurance consumer protections and beach-management language. Senator Harrell’s bills were also taken up and reported favorably: CS/SB 480, a major overhaul of state IT governance creating DIGIT and new procurement, reporting, and workforce structures; CS/SB 1230, restricting PFAS-containing firefighting foam and adding testing, inventory, and disposal requirements; and CS/SB 1288, a naming bill designating the Andrew Red Harris Shoal and requiring markers. Finally, the committee heard extensive testimony on SB 1066 regarding restoration of the Oklawaha/Rodman system, with supporters emphasizing ecological restoration, flood-risk reduction, and economic benefits, and opponents warning about local impacts, water quality, and the loss of a world-class fishery. The transcript ends during testimony on that bill, before final action is shown.
FL

Florida 2026 4th Special Session

House in Session Mar 9th, 2026

Florida House Floor Meeting

Transcript Highlights:
  • So typically surplus lines forms and fees are not regulated by OIR.
  • So there are requirements; it can't just be any company.
  • surplus lines carriers that would participate.
  • in the surplus lines market.
  • Is there a notice requirement to the insured?
Summary: The House convened with prayer, a moment of silence for former Lee County Judge John Carlin, the Pledge of Allegiance, and recognition of FSU Police Officer Cody Popple for stopping the April campus shooter. The Speaker then outlined the final week of session, noting the House had passed 253 House bills and 149 Senate bills to date, but that the 2026-27 budget would not be completed this week. The chamber also adopted the Rules and Ethics Committee’s special order report for the day. The House took up several Senate bills on special order, largely technical or open-government measures, and passed them with little or no opposition. These included SB 100, SB 104, and SB 102 on the Florida Statutes and revisor’s changes; SB 7006, SB 7014, SB 7002, SB 7012, SB 7024, SB 7016, SB 7026, SB 7008, SB 7000, and SB 7004, which extended or preserved various public-records and meeting exemptions for matters such as Public Service Commission proprietary information, social media investigations, military affairs, highway safety records, cybersecurity, emergency shelter contact information, conviction integrity units, and trade secrets. Most passed overwhelmingly, though SB 7006 drew 99-8, SB 7022 on public records for exam integrity passed 101-8 after questions about testing materials and scoring rubrics, and SB 7026 on trade secrets passed 106-3. The most substantive floor debate centered on SB 7040, which recreates the emergency preparedness and response trust fund in the Executive Office of the Governor. Rep. Eskamani offered an amendment to let the fund expire, arguing the money had become a “slush fund” and had been used for the Everglades detention facility rather than emergencies; several members supported her on fiscal and separation-of-powers grounds, while others said the fund is needed for rapid disaster response. The House rejected Eskamani’s amendment and then adopted a Griffiths strike-all amendment adding accountability measures, including spending limits, quarterly reporting, asset tracking, and a sunset/review provision. SB 7040 then passed 82-25. The chamber also passed CS/CS SB 302 on coastal resiliency, CS/CS SB 984 on firefighter cancer benefits, CS SB 474 on military affairs, and SB 488 on Highway Safety and Motor Vehicles, which prompted extended questions about vehicle registration requirements, license plate frames, and foreign passport/I-94 documentation; the bill was still under amendment and debate when the transcript ended.
LA

Louisiana 2026 Regular Session

Ways and Means May 11th, 2026

Transcript Highlights:
  • They may require legislation.
  • In fact, we’re running a surplus right now, particularly on LTIF 2.0.
  • In fact, we're running a surplus right now, particularly on LTIF 2.0.
  • The next year, 2022 surplus, $13 million, spent none of it. $204, $8.5 million state surplus.
  • The next year, 2022 surplus, $13 million, spent none of it. $204, $8.5 million state surplus.
Summary: The committee met for an informational hearing focused largely on the state capital outlay process and House Bill 2. Roger Husser and Matt Baker of the Division of Administration/Facility Planning and Control described how the office prepares and administers the capital outlay bill, said the bill has grown substantially over five years, and argued that recent changes in culture, staffing, project management, cash-flow analysis, and use of third-party support have more than doubled project expenditures and improved delivery. Members asked about the use and cost of third-party project managers, delegation of smaller projects to agencies, hiring difficulties, and whether the changes represented better interpretation of existing law versus statutory changes. Husser said some statutes were amended, some internal customs were removed, and the office would provide a list of those changes. He also explained that the office is trying to move away from overly rigid practices and toward faster project completion while still following public-bid and oversight rules. A major portion of the discussion centered on the size and structure of the capital outlay bill, especially the gap between Priority 1 cash capacity and the much larger Priority 5 backlog. Husser said the current annual Priority 1 limit is tied to construction inflation and is about $574 million, with additional surplus funds also available, but that the bill contains far more Priority 5 funding than can realistically move in a five-year plan. He and members discussed dormant projects, scope creep, legacy projects that have sat in the bill for years, and the problem of false expectations for non-state entities. Proposed solutions included limiting Priority 5 to five times Priority 1, requiring annual re-endorsement by members, setting district or project caps for non-state projects, requiring time limits and reporting for grant-like non-state projects, placing matches in escrow, requiring design readiness before submission, and consolidating the many existing reporting requirements into one clearer report. Members also discussed bundling multiple projects under one agency project, which the House had begun piloting for LSU, UL Lafayette, Southern, and DOTD, and which Husser said could improve flexibility, reduce overappropriation, and better reflect actual spending. Baker then explained cash-flow management and the commitment process, saying FPC now analyzes projects annually to estimate what can actually be spent in the next fiscal year and uses commitments to allow projects to proceed when future-year funding is expected. He said overappropriations can result from poor cash-flow estimates, delays, dormant projects, or projects coming in under budget, and that the office is already reworking cash-flow assumptions and reappropriating savings where possible. Members also raised concerns about change orders and low bids; staff said project managers review change orders closely, require concurrence on non-state projects, and sometimes reduce scope to keep projects within budget. After FPC’s presentation, the committee heard the beginning of Louisiana Economic Development’s capital outlay discussion, where LED explained that its projects generally fall into three categories, including the Economic Development Awards Program and Site Readiness Program, both used to support targeted economic development and job creation.
FL
Transcript Highlights:
  • In statute, it requires the health plans to reimburse for the...
  • “In statute, it requires the health plans to reimburse for the cost of those audits.
  • The main driver of the surplus is declining caseloads. Follow-up, Representative Tant. Thank you.”
  • If we actually implemented what the law that this legislature passed, would that take all the surplus
  • This program provides supplemental payments to two cancer hospitals who meet certain CMS requirements
Summary: The Legislative Budget Commission considered 21 budget amendments, most of them routine authority adjustments tied to federal grants, Medicaid payment programs, and trust fund realignments. The Department of Education received $14.751 million for a Preschool Development Grant to support early learning system improvements, workforce credentialing and training, IT modernization, and related early childhood certification work. The Department of Veterans Affairs shifted $2.2 million within its trust fund to cover higher nursing home occupancy, replace contract nursing with OPS staff, and meet rising operating costs. The Department of Health moved about $9.1 million to support Disability Determinations, where roughly 140,000 cases were pending or in process, and said the change would help reduce backlog and avoid a deficit. The Agency for Health Care Administration presented multiple amendments for Medicaid-related programs, including $766 million for indirect medical education, $1.9 million for managed care network adequacy audits, $209 million for the Rural Health Transformation Program, and several large supplemental payment programs for hospitals and physicians; members asked about CMS approval delays, provider access, and how rural funds would be distributed. The commission also adopted an amendment realigning KidCare funds, placing a $32.1 million surplus into reserve, though several members objected that the state had not yet implemented the 2023 KidCare expansion and that children remained on a wait list. Another Medicaid amendment placed a $376 million surplus into reserve after updated estimating conference projections. Other agencies also received approvals. FDLE received $16.26 million to buy counter-unmanned aircraft systems equipment such as radar and RF sensors to detect and mitigate drone threats. The Department of Juvenile Justice received $1.6 million for the Florida Scholars Academy and a Social Services Block Grant realignment, with staff confirming corrective action had been taken after prior audit findings about allowable SSBG spending. The Division of Emergency Management received federal pass-through authority for FIFA World Cup security and counter-UAS funds, both controlled by the Miami host committee, and members noted the state had little direct oversight over how those local grants would be used. The Department of Commerce received $148.4 million for Community Development Block Grant Disaster Recovery work, with questions focused on the split between housing, infrastructure, and administrative costs. The Department of State received $408,377 for arts and culture federal grant obligations. All amendments were adopted, generally without objection, after brief questioning and no public testimony.