Video & Transcript Research : '990'
Page 3 of 19
MN
Transcript Highlights:
- One of the practices you had this year, Senator Champion, was to do like a 990, and we had some good
- I just would like to see a 990.
- I we we I just would like to see a 990.
- I've not been able to find an EIN on this organization, a 990 on this organization.
- , tax information, all bring forth 990s, tax information, all the<00:44:57.960>
information <00
FL
Transcript Highlights:
- Next, we'll take up Tab 6, Senate Bill 990 on protected cell captive insurance companies.
- Take up Tab 6, Senate Bill 990 on protected cell captive insurance companies by Senator Leake.
- The association supports Senate Bill 990 and thanks Senator Leake for sponsoring this bill.
- Moore, please call the roll on Senate Bill 990. Senator Boyd? Senator Burton? Senator Hooper?
- Yes, and by your vote, Senate Bill 990 is reported favorably. Thank you.
Keywords:
pet insurance, consumer protection, insurance regulation, policy disclosure, agent training, payment stablecoin, financial regulation, anti-money laundering, state oversight, digital currency, financial services, workers compensation, Florida statute, commercial insurance, insurance board, electronic signatures, vehicle titles, insurance regulations, auditing, total loss vehicles
Summary:
The Banking and Insurance Committee heard and advanced a wide range of insurance, financial services, and probate bills. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for emergency out-of-network claims. After extensive discussion about the relationship between the state and federal No Surprises Act processes, an amendment was withdrawn due to concerns about clarity and scope, but the bill itself was supported by providers and insurers and was reported favorably.
The committee also approved SB 684 on electronic signatures for total loss vehicles and vessels, CS/SB 158 on pet insurance consumer disclosures and agent education, SB 1494 expanding breast cancer screening coverage, CS/SB 314 on digital assets and stablecoin issuers, and CS/SB 1500 on uncontested probate procedures and small-estate administration. SB 618 on workers’ compensation insurance was amended to raise the consent-to-rate cap for workers’ compensation policies from 10% to 20% and then reported favorably, with supporters saying it would help keep higher-risk employers in the voluntary market. CS/SB 1568 creating a Florida Stablecoin Pilot Program was amended to remove authority for a Florida coin and limit the program to existing stablecoins, then passed.
Later, the committee approved CS/SB 838 on electronic payment convenience fees for retail installment contracts, with the sponsor emphasizing that a fee-free payment option must still be offered. SB 1452, the Department of Financial Services agency bill, was amended and reported favorably; it covered My Safe Florida Home administration, insurance and licensing changes, unclaimed property updates, and other DFS-related provisions. The committee also passed SB 1706 on the My Safe Florida Condominium Pilot Program, targeting owner-occupied condominiums at or below 80% of area median income, and SB 990 on protected cell captive insurance companies, which supporters said would modernize Florida’s captive insurance laws and encourage more competition. The meeting ended with all listed bills reported favorably and the committee adjourned.
MN
Minnesota 2025-2026 Regular Session
Human services budget bill aimed at 'restoring trust' passes House 5/11/26
Minnesota House Floor Meeting
Transcript Highlights:
- records going back three years, and that in addition to that, that you're able to provide the Form 990
- uh to ensure that you are the form 990 uh to ensure that you are in<01:06:55.920>
accordance < - They've not provided 990s, or in some cases the 990s have been revoked by the federal government, and
- nonprofit they have three years of 990s nonprofit they have three years of 990s and<01:10:12.080
- <01:11:10.640>
if <01:11:10.800>they're <01:11:11.040>if have their form 990s
Summary:
The House took up Senate File 4476, described as the human services program integrity package, and first adopted a motion declaring urgency so the bill could move quickly to conference committee before the end of session. The House then adopted a DE amendment to insert House language, followed by a technical A7 amendment clarifying that prepayment review would apply to all fee-for-service systems.
Members then debated the A5 amendment, which would have removed a sunset on the periodic data matching reporting requirement tied to eligibility checks for medical assistance and MinnesotaCare. Supporters argued the report is essential for fraud prevention, accountability, and ensuring only eligible recipients receive benefits, citing missed or delayed reports and claiming the process can save the state money. Opponents said the report had been received, that federal HR1 changes would require different data-matching procedures, and that the amendment was not the right vehicle. After roll call, the A5 amendment failed, 63-67.
The House next debated the A6 amendment, which would require DHS reporting on homelessness programs, including outcomes, costs, and participant movement, and would allow recoupment of funds if reporting was not provided. Supporters said the state spends tens of millions on homelessness without clear results and needs better data to guide policy; opponents said homelessness reporting and stakeholder work are already underway and objected to the amendment’s approach. Debate continued with questions about the amendment’s details and stakeholder consultation, but the transcript ends before a final vote on A6.
FL
Florida 2026 5th Special Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 18th, 2026
Transcript Highlights:
- Senator Leak, you please take up tab six, Senate Bill 990. Sorry, I did not see that.
- We spoke with Senator Leak, who took action, who, with his staff, went on to draft bill 990, gained a
- Julie, please call the roll on Senate Bill 990. Senator Arrington: Yes.
- And by your vote, please show Senate Bill 990 reported favorably. Now we can go to tab 10.
Summary:
The Appropriations Committee on Agriculture, Environment, and General Government heard and reported favorably several bills. CS/SB 800 would increase penalties for repeated unlicensed engineering practice and create an engineering student loan assistance program funded by licensure fees and fines; Senator Sharif asked about restitution for victims, and the sponsor said the bill does not create a reimbursement mechanism. CS/SB 576 would create a local government cybersecurity protection program administered by Florida Digital Service, with state purchasing support, grant access, and data-sharing requirements; local government and cybersecurity groups waived in support. CS/SB 1078 would establish transition procedures between gubernatorial administrations, including liaisons, briefing books, office space, IT access, and access to agency records under a signed confidentiality agreement.
The committee also reported favorably CS/SB 314 on payment stablecoin issuers, CS/SB 530 updating lottery operations and security rules, CS/SB 1614 giving JAC/LAC-related audit findings more enforcement effect for local governments seeking state funds, SB 990 authorizing protective cell captive insurance companies, SB 1588 beginning implementation of the prior gold-and-silver legal tender law, CS/SB 1440 adding cybersecurity-related exemptions and reporting provisions for financial institutions, and CS/SB 1568 creating a stablecoin pilot program for DFS fee payments. Several bills had support testimony from state agencies and industry groups, and some included technical or guardrail amendments that were adopted without objection.
The committee also received a budget overview highlighting major funding items, including more than $350 million for Florida Forever, $738 million for Everglades restoration, more than $500 million for water quality projects outside the Everglades, $60 million for Farmers Feeding Florida, and more than $250 million for citrus recovery. Members asked questions about school lunch funding, state park improvements, land acquisition, water quality funding, gaming enforcement offices, and staffing for PERC. After the bills and budget discussion, members recorded a few affirmative votes on selected tabs, and the committee adjourned.
MN
Minnesota 2025 1st Special Session
Committee on Jobs and Economic Development - 03/03/25
Jobs and Economic Development
Transcript Highlights:
- She then asked for high-level information from the 990, including how many employees the organization
- and have you included that in 990 and have you included that somewhere<00:36:25.200>
occasionally - and that provides include their 990s and that provides some<00:36:30.920>
very <00:36:31.200>< - yes yep yes so some Mr chair a 990 yes yep yes so some Mr chair Senator<00:36:42.520>
Nelson < - off off your 990 would be helpful<00:36:50.079>
how <00:36:50.200>many <00:36:50.599>
MN
Minnesota 2025 1st Special Session
Growing Minnesota’s Economy – Senator Rich Draheim May 5th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- And when looking on the 990 tax form that most nonprofits fill out, there's also another form that some
- And when looking on<00:05:18.320>
the <00:05:18.639>990 <00:05:19.360>tax <00:05: - form<00:05:20.199>
that <00:05:21.199>most <00:05:21.919>nonprofits on the 990 - tax form that most nonprofits on the 990 tax form that most nonprofits fill<00:05:22.960>
out,
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/19/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Are you guys a nonprofit with a 990, and where could we find that?
- Are you guys a nonprofit with a 990, and where could we find that?
- Are you guys a nonprofit with a 990, and where could we find that?
- Are you guys a nonprofit with a 990, and where could we find that?
-
In the next month or two, we'll be filing our first 990.
MN
Minnesota 2025-2026 Regular Session
Workforce panel hears bill to expand funding for first responder equine therapy program 2/19/25
Minnesota House Floor Meeting
Transcript Highlights:
- Are you guys a nonprofit with a 990, and where could we find that? Our business person is coming.
- groups that presented yesterday about groups that presented yesterday about their<00:20:43.640>
990 - 44.480>
like <00:20:44.760>that <00:20:45.440>I <00:20:45.919>after their 990 - and things like that I after their 990 and things like that I after hearing<00:20:46.600>
that - In 2024, we established our own 501(c)(3) through the IRS, and we will be filing our first 990 this year
MN
Minnesota 2025 1st Special Session
Office of the Legislative Auditor presentation on state-funded grants to nonprofit orgs 2/10/25
Minnesota House Floor Meeting
Transcript Highlights:
- <00:34:03.880>
over <00:34:04.080>the committee like their 990s over the committee - like their 990s over the course<00:34:04.440>
of <00:34:04.600>several <00:34:04.960> - well can I at least see your your 990 well can I at least see your your 990 they<00:34:54.800>
- They don't look at the 990, the audited financials, the salaries.
- the audited financials the the 990 the audited financials the salaries<01:15:47.040>
they <01:
Summary:
The committee heard a presentation from State Auditor Judy Randall and Deputy Legislative Auditor Jody Mason Rodriguez on the Office of the Legislative Auditor’s 2023 report, “Oversight of State-Funded Grants to Nonprofit Organizations.” Randall explained that the report takes a broad look at how Minnesota manages grants, building on earlier work that helped lead to the Office of Grants Management (OGM) in 2007. She emphasized that the new recommendation-tracking booklet in members’ packets is meant to help the legislature see which audit recommendations have been implemented, partially implemented, or not implemented, and to support oversight rather than assign blame.
Rodriguez summarized the report’s findings: Minnesota’s grants management policies contain many important practices, but they often lack enough detail for agencies to implement them consistently. The office found pervasive noncompliance in recent years and identified weak statutory enforcement as a major reason. She reviewed how grants flow from the legislature to agencies and then to nonprofit grantees and subgrantees, and noted that state agencies spent an average of about $514 million annually on nonprofit grants from fiscal years 2018 through 2022, awarding grants to about 2,400 nonprofits. The report found OGM policies partially reflected 17 of 24 recommended grant-management practices, but examples of missing detail included no required risk-based monitoring, no minimum standards for progress reports, telephone-only monitoring visits allowed, and no deadline for closeout reviews.
The auditors said some recommendations have been acted on since the report, including 2023 statutory changes that led OGM to revise its pre-award financial review policy and set a timeline for closeout reviews, though other recommendations remain only partially implemented. They also discussed repeat compliance problems across agencies, including conflict-of-interest documentation, and said agencies are beginning to improve by automating checklists and disclosure processes. In response to member questions, the auditors said training is important and should likely be required for grants staff, though not necessarily with highly specific statutory language; they also said grant managers vary widely across agencies, making baseline training especially useful. No votes or formal committee actions were taken during the presentation, and the chair noted that OGM would be invited for a future presentation.
MN
Minnesota 2025-2026 Regular Session
House Republican Press Conference 5/6/25
Transcript Highlights:
- sort of a process where it goes to a certain subcommittee or something and we at least look at the 990
- something and they we at least look at something and they we at least look at the<00:18:41.320>
990 - 42.799>
verify <00:18:43.200>they <00:18:43.440>have <00:18:43.520>the the 990 - We verify they have the the 990.
- legislative earmarks have to go through a process that includes risk assessment, that includes analyzing the 990
Summary:
House Fraud and State Agency Oversight Chair Kristen Robbins and Vice Chair Patti Anderson reviewed the committee’s first session, saying its work focused on exposing fraud, identifying gaps in statute and agency tools, and creating a public whistleblower portal (mnfraud.com). Robbins said the committee helped drive bipartisan opposition to legislatively named grants/earmarks, and that committee testimony from agencies, the Office of Legislative Auditor, and the Office of Grants Management led to late-session committee bills on issues such as a state kickback statute and required grants-management training. She also said the portal received 530 submissions in its first week, which the committee will review over the interim.
Members emphasized the need for stronger statewide oversight of grants and fraud prevention. Anderson said existing agency inspector general structures have not worked well and described a bipartisan effort to create a statewide Office of Inspector General with full investigatory authority. Robbins said the Senate version was moving through finance and expected on the floor soon, with the governor indicating he would sign it. Walter Hudson argued that hearings showed agencies often focus on paperwork and compliance checkboxes rather than actually preventing fraud, citing conflict-of-interest attestations and the Feeding Our Future-related testimony as examples. Jim Nash said the state government finance bill includes funding for anti-fraud efforts through the Office of the Auditor and related provisions.
In response to questions, Robbins said the committee tried to remain bipartisan despite a 5-3 Republican majority, and that members had handed significant allegations to law enforcement when appropriate. She said the committee did not need subpoena power this session because it is an oversight body, not a law-enforcement body. On legislatively named grants, Robbins said the goal is to change legislative culture rather than impose a formal ban, and she expects future policy to require front-end risk review, 990 review, and capacity checks before such grants are approved. Anderson added that the House and Senate versions of the inspector general bill differ on branch placement and law-enforcement authority, and that the House will decide whether to accept the Senate version once it comes back from finance and the floor.
MN
Minnesota 2025 1st Special Session
Lawmakers hear HF1112, bill to establish $10 million regional food bank grant 3/12/25
Minnesota House Floor Meeting
Transcript Highlights:
- We had a nonprofit that came and asked for state dollars, and I looked at their 990.
- Their 990 said that they got $1.8 million from the state of Minnesota and they got $300 and some in private
- There's churches that are nonprofit organizations that are 501(c)(3), okay, that have 990s that are reported
- There's churches that are nonprofit organizations that are 501(c)(3), okay, that have 990s that are reported
- In there's churches that are nonprofit organizations that are 501(c)(3), okay, that have 990s that are
MN
Minnesota 2025-2026 Regular Session
House Republican Press Conference 3/24/25
Transcript Highlights:
- I have looked at more 990s in the last few years than in quite a long time.
- have<00:19:06.240>
looked <00:19:06.400>at <00:19:06.559>more <00:19:06.880>990s - c><00:19:07.760>
the <00:19:08.000>last <00:19:08.400>few have looked at more 990s - in the last few have looked at more 990s in the last few years<00:19:09.520>
than <00:19:09.760 - So what I'm finding now is as I'm looking at 990s, these top staff are making well above the governor
Summary:
House Fraud Prevention and State Agency Oversight Committee Chair Kristen Robbins opened by criticizing the governor’s fraud package as too focused on new spending and staffing, and not enough on culture change, accountability, eligibility rules, and an enterprise-wide IT/data strategy. She said the committee had heard a good overview from multiple commissioners, but she remained concerned that piecemeal technology investments and added staff would not address the root causes of fraud. Robbins also said she would introduce a bill based on issues raised in committee, including requiring grants management staff to complete Office of Grants Management training and certification.
A major action announced was the launch of a new whistleblower portal at mnfraud.com, which legislators said will let people submit basic fraud allegations, after which staff will follow up and forward matters to the Office of the Legislative Auditor, BCA, law enforcement, or the attorney general as appropriate. Members noted that the Office of the Legislative Auditor already has a separate reporting portal, and there was a question about why the new site does not allow anonymous reporting; Robbins said contact information is needed so staff can follow up. She also said the portal is intended to centralize and triage reports from agency workers, service recipients, and providers.
Republican members said the governor’s proposal still misses key pieces. Vice Chair Anderson argued the package mostly adds staff to agencies that failed to catch or act on fraud, and said Minnesota needs a statewide independent inspector general with authority outside agencies and a stronger whistleblower system. Representative Marion Rarick said the proposed criminal penalty increases are too small compared with federal penalties and criticized the package for adding only one forensic auditor at the BCA while DHS receives many more positions. She also argued that agency managers should face sanctions when fraud occurs under their watch and said the state needs a culture where employees can be rewarded for good work but also held accountable for failures.
Members discussed several other ideas, including creating new crimes for kickbacks and theft of public funds, requiring fraud fiscal notes, improving data sharing and eligibility verification, and using better IT so systems can talk to each other. There was also discussion of whether government services should rely less on nonprofits and private contractors; one member said fraud often follows a particular business model rather than the sector itself, while another suggested capping salaries of top nonprofit executives receiving government funds. The committee also noted that the governor’s fraud package is being presented as a package but will likely move as separate provisions through different omnibus bills.
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/04/2025)
Transcript Highlights:
- Well, 990 is just like the 1040 for a person, right?
- There's a 990 and there's like a short-form 990 for smaller organizations.
- is that your understanding as well 990s is that your understanding as well well<02:02:58.320>
990 - <02:03:03.159>
there's person right there's a 990 and there's person right there's a 990 and - > the<02:03:06.639>
standard <02:03:07.159>990 organizations we file the standard 990
Summary:
The committee held a public hearing on HB 530, a bill to increase funding for New Hampshire’s Affordable Housing Fund. Representative Jessica Lontine, the sponsor, described the state’s housing crisis, citing high rents, low vacancy, and the lack of affordable units. She said the bill would double the annual transfer-tax deposit into the fund from $5 million to $10 million, and she later presented an amendment to hold the Education Trust Fund harmless by directing the housing-fund deposit from remaining revenue after that trust fund is funded. She also explained a prospective appropriation idea tied to a possible future sale of the Laconia State School property, with the goal of supporting community housing for people with intellectual and developmental disabilities.
Much of the testimony focused on the shortage of accessible and supportive housing for people with disabilities and aging family caregivers. Lontine, Ben Saul of Visions for Creative Housing Solutions, Lori McIntosh of Our Place NH, and Maddie Mandelbaum all described the difficulty families face in planning for adult children with disabilities as parents age or die. They emphasized that many people need not only affordable housing but accessible, supportive settings, and they argued that state investment would help nonprofit providers build such housing and prevent homelessness or inappropriate institutional placement. Several witnesses also noted that existing projects rely on capital funding and that operating revenues are limited because residents often depend on SSI and Medicaid.
Committee members asked questions about the fiscal impact of the bill and amendment, including whether the proposal would shift money from the general fund or education trust fund and whether the Finance Committee should have final say over spending priorities. Lontine said she understood those concerns but argued that housing should be prioritized. Housing Action New Hampshire’s Tom Duroza also testified in support of the bill, saying the state’s housing shortage is driving record prices and vacancy rates below 1%, and that the Affordable Housing Fund has leveraged more than $500 million in private investment and helped build thousands of rental homes. He said his organization supported the underlying bill but had not yet reviewed the amendment. No vote or final action was taken at the hearing.
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 3/6/25
Higher Education Finance and Policy
Transcript Highlights:
- financial information as well, so if you look in your packets, members, you do have the most recent 990
- 43.880>
of <00:18:44.000>a <00:18:44.159>summary <00:18:44.600>of their 990 - There are some pretty hefty donors in this 990 as well, and I'm just wondering, I always like to get
- as well and I'm just wondering um I 990 as well and I'm just wondering um I always<01:03:52.160>
- um and that is all on financial uh 990s um and that is all on the<01:06:59.599>
website <01:07
MN
Transcript Highlights:
- to the change in appropriation to Second Harvest Heartland, I was just looking at their most recent 990
- So, they do have a $2.6 million gross revenue, and that's their most recent 990 that's available on the
- I just looked at—you have to go all the way almost to the very, very end of the 990—but it's finally
- So that's just a quick look at their 990 from the end of September 30, 2023. the 990 but it's finally
- there and they the 990 but it's finally there and they have<00:33:57.039>
10 <00:33:57.399>
Keywords:
Minnesota agriculture budget, Department of Agriculture appropriation, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, farm bill, rural development, agricultural grants, soil health, livestock compensation, crop damage, meat inspection, poultry inspection, county agricultural inspectors, biofertilizer, nitrogen management, commercial nitrogen fertilizer, water quality, farm down payment assistance, beginning farmers
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 40 (3-5-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- You look at her 990, you'll find that there's about 13 million in the bank account.
- And then I looked at the 990 for executive salary compensation.
- And then I looked at the 990 for executive salary compensation.
- And then I looked at the 990 for executive salary compensation.
- And then I looked at the 990 for executive salary compensation.
Summary:
The Senate convened, opened with an invocation and pledge, established a quorum, excused absent members, and approved the journal. The House clerk then announced that the House had passed several bills and requested concurrence. The chamber also received second-reading reports for a number of bills and resolutions, which were referred to the Rules Committee, and committee reports from the Economic Development, Tourism, and Labor Committee and the Judiciary Committee recommending passage of several measures. New resolutions were also introduced, including one honoring Michael Mingi, Amanda Maize, and Senator Maize Bledsoe, and another designating March 31, 2026, as Kentucky Transitional Science Day.
The Senate then took up Senate Bill 145, relating to the Department of Alcoholic Beverage Control. The chamber concurred in House Committee Substitute 1 and House Floor Amendment 1, then passed the bill as amended by a roll call vote of 35 yeas and 2 nays. The Senate next considered Senate Bill 59, relating to prohibited uses of tax dollars and resources. After adopting Senate Committee Substitute 1, members debated whether the bill’s enforcement provisions were needed to prevent public funds from being used to influence ballot questions; supporters cited prior school-related advocacy, while one opponent raised concerns about possible uneven treatment of schools receiving federal funds. The bill passed 28-9.
Finally, the Senate took up Senate Bill 137, relating to a provisional license to practice medicine. Supporters described Kentucky’s physician shortage, especially in rural areas, and argued the bill would help recruit foreign medical graduates by allowing a path to licensure based on prior residency and work experience. A floor amendment was offered to preserve standards by emphasizing U.S. residency pathways and cautioning against lowering the standard of care, but the amendment was withdrawn after discussion. The bill remained under consideration at the end of the transcript.
NH
Transcript Highlights:
- Add on to that, Scott: every state-chartered credit union would file a Form 990, so it would be public
- But again, going back to Ron with the 990, if someone sees that somebody's getting $60,000 or $70,000
- So there is a checks and balance to do with the 990, which is public. did yeah I would say um with my
- if someone sees that somebody's 990 if someone sees that somebody's getting<00:49:45.280>
60 < - <00:50:00.640>
which <00:50:00.799>is with the 990 which is with the 990 which is public
MN
Minnesota 2025 1st Special Session
House Higher Education Finance and Policy Committee 3/20/25
Higher Education Finance and Policy
Transcript Highlights:
- She said she went through a lot of the 990s for the institutions and that there is not a place for a
- <00:34:46.960>
and so I would have to give you 18 990s and so I would have to give you 18 - 990s and audited<00:34:47.760>
financials <00:34:48.320>as <00:34:48.440>opposed - um so I went through a lot of the 990s um so I went through a lot of the 990s for<00:35:16.920><
- lost a million dollars in the last 990 lost a million dollars in the last 990 that's<00:35:51.079
MN
Minnesota 2025-2026 Regular Session
House Floor Session Mar 13th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- I did see that it was a 501(c)(3), and I'm on the Taxes Committee, so I know that means they have a 990
- So I looked up the 990. I printed it off.
- But in our 990, their mission is described: "You share the Gospel of Jesus Christ, and to protect and
- I did, as a tax person, look up a bunch of 990s, and I really tried hard to figure out financially what
- We just heard about 990s. Billions are in that organization.
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/22/2025)
Transcript Highlights:
- Question on the vetting of charities: We have the 990s that are available to vet charities.
- And secondly, if we wanted to vet all the 990s, what kind of overhead would that incur on your side?
- Question on the vetting of charities: We have the 990s that are available to vet charities.
- We have the 990s that are available to vet charities.
- Their 990s reveal a huge a lot of money.
Summary:
The committee first took up SB 63, which concerns funding for the division of travel and tourism and its relationship to the meals-and-rooms tax calculation. Members asked for confirmation that the bill would not affect municipal distributions under RSA 78-A:26. Jennifer Ramsey of the Department of Revenue Administration explained that the amendment does not change meals-and-rooms distributions, but instead corrects the calculation for the travel and tourism appropriation by adding back the municipal fund transfer before applying the 3.15% floor. Chris Shay of the Office of the Attorney General agreed with that explanation. The committee also discussed the complexity of the meals-and-rooms statutes and the possibility of a future cleanup effort. The committee then voted 19-0 to recommend SB 63 ought to pass; it will not go on consent because it has a fiscal note.
The committee next considered SB 60, relative to advanced deposit account wagering. Rep. Murphy moved ought to pass, explaining that the bill would regulate advanced deposit wagering on horse racing and impose a 1.25% revenue share on wagers from New Hampshire residents, generating roughly a quarter-million dollars in new lottery revenue in the first year. The motion passed 19-0, and the bill will not go on consent because of its fiscal note. The committee then voted 19-0 to recommend SB 147 ITL, with members noting that live racing facilities are in decline and the market is shrinking. SB 160, which updates raffle ticket pricing and prize limits for bingo-related gaming, also passed ought to pass 19-0 and will not go on consent.
The committee then took up SB 73, which revises coverall bingo rules and increases prize limits. An amendment, 2025-1470H, was offered to raise the total prize amount to $5,000; members supported it as a reasonable compromise, and the amendment was adopted unanimously. The bill as amended then passed ought to pass 19-0, again with a fiscal note preventing consent placement. After those votes, the committee moved into a work session on SB 83, where members began discussing the bill’s video lottery terminal provisions, including the meaning of “maximum wager,” the absence of a cumulative betting cap, and concerns that the bill combines several distinct policy changes—tax treatment, VLT rules, renaming, and a self-exclusion database—into one measure. No vote was taken on SB 83 during the work session, and members indicated they would continue discussion later after reviewing side-by-side materials.