Video & Transcript : 'royalty interests' :

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Oklahoma 2026 Regular Session

House of Representatives Second Regular Session of the 60th Legislature Day 33 Apr 1st, 2026 at 01:30 pm

Oklahoma House Floor Meeting

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Oklahoma 2026 Regular Session

House of Representatives Second Regular Session of the 60th Legislature Day 33 Apr 1st, 2026

Oklahoma House Floor Meeting

Transcript Highlights:
  • a reported injury, and there's so much burn going on that it's just, I don't know, it was just interesting
Bills: SB1636 , SB1772 , SB1221 , SB1932 , SB1687 , SB1213 , SB843 , SB1410 , SB1317 , SB1338 , SB1976 , SB1314 , SB1191 , SB1613 , SB1246 , SB1439 , SB1930 , HR1044
Keywords: cold case, unsolved homicide, violent crime, case file review, law enforcement, police records, victim family, immediate family member, designated person, forensic testing, witness reinterview, investigative leads, cold case unit, unsolved murder, public safety, Title 21, Oklahoma statutes, motor vehicle safety, headlamps, headlights
Summary: The House convened, the roll was called, and the chamber proceeded with prayer and the Pledge of Allegiance. The main legislative item taken up was House Resolution 1044, which recognizes April 2026 as National Donate Life Month. Representative Crosswhite Hader presented the resolution and shared a personal story about her son-in-law’s liver transplant and the importance of organ donation. The resolution was adopted by unanimous consent without objection. The House also received several introductions and recognitions. Students from Junior Leadership Lawton-Fort Sill, visitors from Altus Air Force Base for Airspace Day, a guest in the gallery, and 17 reconstructive surgeons visiting from Ukraine through OU Health Sciences Center were welcomed. Representative Roberts introduced the nurse of the day, Denny Wilson Loeber, an OU Health trauma burn nurse and coordinator, and highlighted her work in burn care education and outreach. The chamber presented a special citation honoring the Adair High School 2A2 state champion football team, recognizing its undefeated season, district dominance, and championship win over Vian. Members also made announcements about Autism Day, School Library Month, and School Librarian Day. No contested votes were recorded, and the House adjourned until Thursday, April 2, 2026, at 9:30 a.m.
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Oklahoma 2026 Regular Session

Senate Legislative Session Mar 16th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

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Oklahoma 2026 Regular Session

Senate Legislative Session Mar 16th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • I would like to be shown as not voting on Senate Bill 1209 for reasons of personal interest as provided
Bills: SB44 , SB546 , SB1213 , SB1256 , SB1287 , SB1443 , SB1644 , SB1653 , SB1716 , SB1209 , SB1826 , SB1919 , SB1930 , SB1976 , SB2028 , SB2067 , SB2072 , SB2117 , SB710 , SB1477 , SB1405
Keywords: sales tax exemption, nonprofit organizations, contractors, charitable purposes, state law, SB1213, earned credits, inmate credits, good time, sentence reduction, Department of Corrections, DOC, prison reform, corrections policy, inmate classification, class levels, rehabilitation credits, achievement credits, vocational training, educational credits
Summary: The Senate convened with a quorum, offered the daily prayer and pledges, introduced the Doctor of the Day, and welcomed several student and guest groups to the gallery. The chamber also laid over a few agenda items before moving through a long general order calendar of bills, most of them explained briefly by their authors and then advanced without objection to final passage. Measures passed included SB 44 on extending sales tax exemption treatment to contractors working for certain exempt entities; SB 546 on biometric data and controlled dangerous substance-related changes; SB 1213 on Department of Corrections inmate credit levels; SB 1256 requiring ignition interlock devices for repeat DUI bond situations; SB 1287 on abstractor licensing eligibility; SB 1443 on anesthetist physical status modifiers with an amendment excluding Medicaid plans; SB 1644 adding a reportable disease; SB 1653 joining the occupational therapy licensure compact; SB 1716 updating security breach notification rules and limiting class actions; SB 1826 removing a sunset from the local development and enterprise zone incentive leverage act; SB 1919 increasing the Tourism Development Act cap; SB 1930 on produced water handling and compensation; SB 1976 creating a tiered surety plan for small producers and then being adopted as an emergency; SB 2028 on raw milk advertising and labeling, also passed as an emergency; SB 2067 on financial institutions helping protect vulnerable adults from scams; SB 2072 on deed fraud and title theft; SB 2117 on contaminated grain authority and emergency treatment; SB 710 on teacher pathway pilot flexibility; SB 1477 restricting concurrent enrollment to traditional high school students and passed as an emergency; and SB 1405 reauthorizing the wildlife diversity income tax checkoff. The only bill to draw notable floor debate was SB 1209, which was reconsidered after initially failing, sent back to general order, and then passed 26-18. Supporters said it would reduce delays in eviction proceedings by excluding Sundays and holidays from summons timing, while opponents argued it would mainly help tenants who are already behind and burden small landlords. Senator Pugh later noted a personal-interest abstention on that vote. Several other bills passed with recorded votes ranging from narrow to unanimous, and some were designated emergency measures after final passage. The Senate concluded with announcements about upcoming events, including a reception, a visit from the Christian Employer Association, and the Bible reading marathon, and then adjourned until Tuesday, March 17 at 9:00 a.m.
LA
LA

Louisiana 2026 Regular Session

Transportation, Highways and Public Works Mar 11th, 2026

Transportation, Highways & Public Works

Transcript Highlights:
  • Forever program and Ducks Unlimited, with an additional $50 annual royalty fee, which will be directly
Bills: SB2 , SB40 , SB50 , SB55 , SB69 , SB96 , SB101 , SB103 , SB104 , SB159 , SB160 , SB182
Committee: House Transportation, Highways & Public Works
Keywords: highway designation, Pointe Coupee Parish, Falcons Band, signage, local recognition, emergency vehicles, traffic safety, road regulations, vehicles on highways, vehicle procedures, memorial bridge, designate, public signage, Louisiana Highway 315, Terrebonne Parish, seat belt, safety belt, motor vehicles, vehicle restraint, driver safety
Summary: The House Transportation Committee met on March 11 with a quorum present and heard a series of specialty license plate bills. Committee members were reminded to turn off cell phones and testimony cards were explained. Several Department of Public Safety and Corrections/Office of Motor Vehicles amendments were adopted across the bills to require OMV to create plates only when statutory conditions are met and its electronic registration system is updated. HB 801 by Rep. Rhett Martinez created a classic black specialty license plate, with revenue directed to state police high-speed pursuit training. Members discussed the bill’s connection to a fatal high-speed chase in Martinez’s district and the need for better training and technology for law enforcement. The committee adopted amendments, including a change from “holding” to Zachary, and reported the bill favorably with amendments. HB 891 by Rep. Jacob Landry created wildlife/conservation specialty plates and adjusted revenue distribution to support Quail Forever, Ducks Unlimited, and the Louisiana Department of Wildlife and Fisheries conservation fund. Testimony from Ducks Unlimited and Quail Forever emphasized habitat work, fundraising leverage, and conservation partnerships; the bill was reported with amendments after some questioning about waterfowl management and habitat projects. HB 587 by Rep. Dickerson created a PANS/PANDAS specialty plate to raise awareness and return money to the general fund. The bill was supported by testimony from Caitlin Jafreda, who described her daughter’s sudden onset illness, the difficulty of diagnosis, and how insurance coverage for IVIG treatment had recently helped another family. The committee also heard HB 331 by Rep. Mack for a Louisiana GOP specialty plate, HB 629 by Rep. Lyons for the Crew of Athena, and HB 428 by Rep. Baham for an LSU baseball national champions plate recognizing the 2023 and 2025 College World Series teams. All were amended and reported favorably. Rep. Walters voluntarily deferred HB 129, HB 130, and HB 854, and the committee adjourned after Rep. Broussard moved to adjourn.
AZ
AZ

Arizona 2026 Regular Session

02/12/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • Best interest to the beneficiaries of the trust.
  • I’m not aware of others, but the interests are varied.
  • I'm not aware of others, but the interests are varied.
  • And would that be in the best interest of the trust? So, other questions?
  • To that point, Representative Carter, it's interesting.
Bills: HB2150 , HB2262 , HB2267 , HB2268 , HB2351 , HB2425 , HB2426 , HB2427 , HB2755 , HB2781 , HB2913 , HB2943 , HB2956 , HB2975 , HB2985 , HB4009
Committee: House Natural Resources, Energy & Water
Keywords: state land department, mineral lease, renewals, indexed royalties, land use planning, auditor general, five-year plans, geospatial data, Arizona Geological Survey, resource analysis, geographic information systems, wildlife protection, public nuisance, renewable energy, wind farm, solar farm, residential property, public health, local regulations, state land
TX
TX

Texas 89th 2nd C.S.

Energy Resources Apr 14th, 2025

Energy Resources

Transcript Highlights:
  • The, uh, this bill says we have to notify or we incur an interest payment, uh, interest obligation 30
  • Yeah, I gave a speech in San Antonio to some royalty interest owners.
  • And on a lot of those, we have the non-participating royalty interest.
  • interests.
  • interest owners?
Committee: House Energy Resources
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Oklahoma 2026 Regular Session

Appropriations and Budget Health Subcommittee Feb 9th, 2026 at 04:30 pm

A&B Health Subcommittee

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Alabama 2026 Regular Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Feb 4th, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • Plus, my information was already on my husband's economic interest form with the exception, of course
  • Plus, my information was already on my husband's economic interest form with the exception, of course
  • Plus, my information was already on my husband's economic interest form with the exception, of course
  • Plus, my information was already on my husband's economic interest form with the exception, of course
  • In 1993, municipal candidates did not have to file an economic interest statement.
Bills: HB42 , SB246 , SB38 , SB194 , SB183 , SB253 , SB160
Committee: Senate Fiscal Responsibility and Economic Development
Keywords: unclaimed vehicles, towing, Department of Revenue, notification requirements, abandoned vehicles, real estate, residential property, single-family home, homeowner protection, property solicitation, unsolicited offer, wholesaling, real estate wholesaling, assignment contract, equitable interest, investment property, house flipping, predatory real estate practices, title cloud, deceptive trade practices
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Oklahoma 2026 Regular Session

Energy and Natural Resources Oversight Apr 13th, 2026 at 03:00 pm

Energy

Transcript Highlights:
  • You're talking about recreational interests, municipal agricultural, industrial water use, residential
  • water use, soil conservation, industrial water use, irrigation interest, and oil and gas production.
Bills: SB3 , SB1346 , SB1509 , SB1928 , SB2028 , SB2071 , SB2110 , SB2117 , SB2127 , SB2134 , SB259 , SB1191 , SB1246 , SB1314 , SB1439 , SB1613 , SB1930 , SB1976 , SB330 , SB2069 , SB2095 , SB3 , SB1346 , SB1509 , SB1928 , SB2028 , SB2071 , SB2110 , SB2117 , SB2127 , SB2134 , SB259 , SB1191 , SB1246 , SB1314 , SB1439 , SB1613 , SB1930 , SB1976 , SB330 , SB2069 , SB2095
Committees: House Energy , House Energy and Natural Resources Oversight
Keywords: industrial hemp, program licensing, agriculture, cannabinoids, state regulation, water infrastructure, wastewater, investment program, loans, local government, SB1509, groundwater, water wells, well spacing, water rights, Oklahoma Water Resources Board, OWRB, basin, subbasin, maximum annual yield
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Oklahoma 2026 Regular Session

Energy and Natural Resources Oversight Apr 13th, 2026

Energy and Natural Resources Oversight

Transcript Highlights:
  • You’re talking about recreational interest, municipal, agricultural, industrial water use, residential
  • water use, soil conservation, industrial water use, irrigation interest, and oil and gas production.
Bills: SB3 , SB1346 , SB1509 , SB1928 , SB2028 , SB2071 , SB2110 , SB2117 , SB2127 , SB2134 , SB259 , SB1191 , SB1246 , SB1314 , SB1439 , SB1613 , SB1930 , SB1976 , SB330 , SB2069 , SB2095
Committee: House Energy and Natural Resources Oversight
Keywords: industrial hemp, program licensing, agriculture, cannabinoids, state regulation, water infrastructure, wastewater, investment program, loans, local government, SB1509, groundwater, water wells, well spacing, water rights, Oklahoma Water Resources Board, OWRB, basin, subbasin, maximum annual yield
Summary: The committee took up a long agenda of agriculture, water, energy, wildlife, and licensing bills, often adopting policy committee recommendations or full committee substitutes as working drafts before hearing brief explanations and questions. Several measures were described as request bills from agencies or industry groups, including bills on hemp/THC limits, groundwater and aquifer management, brine water use, dairy and milk regulation, livestock transport accidents, unpasteurized milk sales, egg sales, outfitter licensing, LP gas, DEQ permitting, and an elk population study. Members raised recurring concerns about water rights, landowner protections, enforcement authority, and whether certain bills would affect private property or due process. Among the more debated items was SB 3, which narrows Oklahoma’s hemp definition to align with the federal standard and was framed by the author as a way to keep intoxicating hemp products away from children; it passed 14-0. SB 1439, which would limit certain climate-related lawsuits against energy producers, drew constitutional and due process questions and passed 10-4. SB 1930 on brine water and iodine production passed 14-0 after discussion of landowner compensation, and SB 259 on aquifer management and five-year averaging for permitted water users passed 8-6 after extensive questions about metering and water allotments. Other water-related bills included SB 1346 creating a water infrastructure loan program, SB 1509 on well spacing, and SB 1314 increasing an indemnity fund cap for well-drilling contamination incidents. The committee also advanced SB 2117 clarifying authority for stop-sale or destruction orders, SB 2127 creating an advisory council on product classification, SB 1191 dissolving an unused low-energy/low-carbon board, SB 2110 expanding direct sales of ungraded eggs, SB 2134 setting procedures for livestock transport accidents, SB 2028 authorizing unpasteurized milk sales with a higher monthly gallon limit, SB 269 prohibiting baiting for migratory birds, SB 2095 requiring certain out-of-state outfitters to be licensed and insured, SB 1613 as an LP gas industry mirror bill, SB 1246 to speed DEQ permitting, SB 1976 phasing in surety bond requirements, and SB 330 directing a comprehensive elk study. Most bills were reported out do pass, with recorded votes ranging from unanimous to divided, and the meeting adjourned after the final bill.
AZ
AZ

Arizona 2026 Regular Session

03/24/2026 - Senate Natural Resources

Natural Resources

Transcript Highlights:
  • It seems very, very interesting to me, and I appreciate a challenge.
  • And when and how recently have those royalties been updated? Mr. Chair, Senator, I'm not sure.
  • The prior testimony you just received on fire districts is interesting.
  • The royalties are tied to market-based indexing to ensure the beneficiary receives fair value.
  • Prescribing by rule may limit the discretion to act in the best interest of the trust.
Bills: HB2014 , HB2055 , HB2145 , HB2150 , HB2696 , HB2755 , HB2763 , HB2781 , HB2782 , HB2787 , HB2795 , HB2889 , HB2975 , HB2985 , HB2986 , HCM2009 , HCR2020 , HCR2038
Committee: Senate Natural Resources
Keywords: air emissions, fuel blends, environmental quality, feasibility study, Arizona Department of Agriculture, brackish groundwater, water supply development, desalination, Arizona Revised Statutes, water infrastructure, financial assistance, environmental reviews, fuel reformulation, gasoline standards, environmental regulations, ethanol supply, Air Quality, state land department, mineral lease, renewals
LA
LA

Louisiana 2026 Regular Session

Revenue Estimating Conference May 8th, 2026

Transcript Highlights:
  • So I've got a plus on the severance and royalty side. I added with regard to royalty.
  • Severance is a plus $20 million; royalty, I'm a plus $59 million. I was very low on royalty before.
  • Interest rates have been soft.
  • Same story for the royalties.
  • Same story for the royalties.
Summary: The Revenue Estimating Conference met with four members present and first approved the prior meeting minutes and recognized the FYI end-of-balance of $577,077,871 as nonrecurring revenue. The main business was revising the state revenue forecast for FY 2026, FY 2027, and the long-range outlook. The Division of Administration recommended a $113 million reduction to the FY 2026 State General Fund forecast and a $104 million reduction for FY 2027, citing weaker-than-expected individual income tax collections, softer corporate income tax receipts, and some weakness in general sales tax, partly offset by stronger motor vehicle sales tax and higher mineral-related revenues tied to oil prices. The Legislative Fiscal Office presented a somewhat different but broadly similar forecast, with modest net increases to the general fund bottom line in the current year and next year, emphasizing caution on income and corporate taxes and more optimism on sales, severance, royalties, and some other revenue streams. A substantial portion of the discussion focused on the causes of the income tax shortfall, especially withholding and refund patterns after tax changes that lowered rates. Department of Revenue officials explained that withholding tables had been set with a cushion that may be producing larger refunds, and said changing the tables could quickly reduce overwithholding, though the effect would take time to show up. Members also discussed corporate collections, the lingering effects of the franchise tax repeal, the role of settlements and audits, and the extent to which collections are voluntary versus enforcement-driven. The Department of Revenue said corporate collections still had key filing and estimated-payment milestones ahead in May and June, and that refund and audit activity related to the former franchise tax would continue for some time. The conference then adopted the Division of Administration’s FY 2026 forecast, the FY 2027 recurring forecast, and the long-range forecast, along with the proposed inflation rates for the Millennium Trust and parish severance allocation. Members also adopted the incentive expenditure forecast, noting that the reported amount is only the REC-reported portion and that larger tax exemption amounts come off the top before appropriations. The Treasurer reported a General Fund cash balance of about $404.1 million as of May 5, 2026, and an interfund borrowing base of about $9.18 billion, saying cash levels were similar on average to the prior year. The meeting ended with a note that another REC meeting might be needed depending on the May 16 election, and the conference adjourned without objection.
LA
LA

Louisiana 2026 Regular Session

Revenue Estimating Conference May 8th, 2026

Transcript Highlights:
  • So I've got a plus on the severance... ...and royalty side. I added with regard to royalty.
  • Severance is a plus 20; royalty, I'm a plus 59. I was very low on royalty before.
  • Interest rates have been soft.
  • You can be pretty confident on interest earnings.
  • Same story for the royalties.
Keywords: 965, house, all
Summary: The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast. The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted. Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.
WY
WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development Committee, February 23, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • </c> better share on our on our royalty better share on our on our royalty share. share. share.
  • ,</c> right now on federal mineral royalties, right now on federal mineral royalties, uh<00:09:39.880
  • So, that's why we kept these royalties.
  • </c><00:14:51.440><c> are</c> we're we are actually the royalties are we're we are actually the royalties
  • Uh, like the other Senate Joint Resolution addressing mineral leasing royalties.
Bills: SJ0001
Committee: House Minerals, Business & Economic Development
Keywords: mineral leasing, federal lands, Wyoming, energy policy, local control, federalism, 916, all
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OK

Oklahoma 2026 Regular Session

Appr/Sub-Education Feb 4th, 2026

Transcript Highlights:
  • It's interesting. The engineer was telling me about Cheyenne.
  • High interest environment, we are seeing record, again, record-breaking distributions from that in interest
  • We are seeing record, again, record-breaking distributions from that in interest.
  • Royalty compliance is one of those areas where I think we could really do a lot of good analysis.
  • What is more important, the royalty compliance person or field services person?
Summary: The Senate Education Committee’s Appropriations Subcommittee met to hear budget presentations from OETA, the Commissioners of the Land Office, and the Oklahoma Educational Quality and Accountability Commission (OEQA). The chair asked witnesses to stay focused on budget requests and agency operations rather than policy, unless policy affected the numbers. OETA reported no request for additional funding. Director Sean Black highlighted the agency’s 70th year of continuous broadcasting, completion of transmitter replacements, conversion to fiber, and lower electricity costs from more efficient equipment. He said OETA would offset the loss of federal CPB funding through donations, events, and partnerships, and described its statewide reach, educational programming, and multiple broadcast and streaming channels. Members asked about energy use and were told the new transmitters had reduced power costs. The Commissioners of the Land Office discussed record distributions to schools, a flat budget, and planned spending on invasive woody species, implementation of SB 951, IT modernization, and possible changes to mineral management and staffing. The secretary requested funding for a revenue compliance director, field services manager, internal auditor support, and other adjustments, while explaining the agency’s use of stabilization funds and carryover. Senators questioned orphan and abandoned wells, AI use, and staffing efficiency; the secretary said the agency was trying to work more closely with operators, use AI and in-house software where possible, and manage wells and land in ways that protect school revenue. OEQA presented its priorities for teacher quality, including Teach Forward apprenticeship pilots, dashboard expansion, accreditation review, statutory cleanups, and continued monitoring of cell phone-free zones. The agency described a small, stable budget, five unfilled positions, and a proposed $100,000 reduction for FY 2027 based on efficiencies. Members asked about Teach Forward applications, multilingual testing, and the broader quality of teacher preparation programs; OEQA said it had received three Teach Forward applications and that translating certification tests would raise cost and validity concerns. Senators urged OEQA to play a stronger role in connecting teacher preparation programs with classroom needs, and the meeting adjourned without any votes or formal actions taken.
NM
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Aug 14th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • We, for example, add interest on non-New Mexico statements.
  • And then royalties, which are our share.
  • And so that's a Area of interest, I think, for us.
  • Interest rates are high.
  • and foremost, and only increase royalties.
Committee: House Revenue Stabilization & Tax Policy Committee
TX
TX

Texas 89th Regular

Senate Committee on Finance (Part II) Jan 29th, 2025

Transcript Highlights:
  • I believe there is nobody more interested. I lost parents to cancer.
  • Once they reach four times the amount, they continue to pay us a royalty.
  • So they're paying us royalties until they reach four times the amount.
  • patent protection, and that's the only reason you get royalties.
  • And you'll see some interesting figures.
Summary: The Senate Finance Committee heard budget presentations for the Texas Historical Commission, the Pension Review Board, the Employees Retirement System (ERS), Social Security and benefit replacement pay, the Texas Emergency Services Retirement System (TESSRS), and the Cancer Prevention and Research Institute of Texas (CPRIT). The Legislative Budget Board outlined recommendations and major changes for each agency, including reductions tied to one-time projects at the Historical Commission, continued funding for courthouse grants, heritage trails, and Holocaust/genocide education, as well as new or modified riders and capital items. For the pension-related items, LBB described funding changes for PRB, ERS, Social Security, and TESSRS, including ERS health plan cost growth driven largely by pharmacy costs, the status of pension funding reforms, and TESSRS’s request for additional state support to address its unfunded liability and staffing needs. Members asked extensive questions about the Historical Commission’s one-time funding, unexpended balance authority, courthouse preservation, the Presidio La Bahia and National Museum of the Pacific War projects, and coordination of Texas history messaging across sites such as the Alamo, San Jacinto, Washington on the Brazos, and other heritage locations. The Historical Commission chair emphasized heritage tourism, economic development, and the need for continued investment in historic sites, staffing, IT modernization, and vehicles. On the pension items, senators discussed PRB oversight of local systems, including the Dallas police and fire pension situation, and ERS investment returns, benchmark comparisons, and rising health costs. ERS officials said the plan remains well funded overall, noted a 2021 cash balance reform and a planned supplemental legacy payment, and explained that GLP-1 drugs such as Ozempic and Mounjaro are a major driver of pharmacy spending; they also said the agency is working with the Texas Pharmacy Initiative and that rebates are contractually returned to ERS. For TESSRS, LBB and agency staff said the system serves volunteer and part-paid emergency personnel, is facing an infinite amortization period, and is requesting additional appropriations, staffing, and IT funding, along with a statutory change to allow an actuarially determined state contribution. The agency said it may otherwise need to cut benefits for volunteer firefighters. For CPRIT, LBB reported about $600 million in recommended funding for the biennium and a 10-FTE increase, while the agency described its $6 billion voter-approved program, $3.75 billion in grants awarded to date, and $10.4 million in revenue sharing since 2011. CPRIT’s only exceptional item was a request for a 10% salary increase for two exempt positions. No committee votes or formal actions were taken in the transcript.
LA
LA

Louisiana 2026 Regular Session

Natural Resources and Environment May 6th, 2026

Natural Resources & Environment

Transcript Highlights:
  • Oil and gas royalties are a substantial source of state funding.
  • This effectively cuts minimum oil and gas royalties in half.
  • So those royalties don't exist, whether it's a quarter, a 16th, or anything.
  • That is my concern is the... and I do agree, one-eighth is a generous royalty.
  • It's been quite an interesting morning. So H.C.R. 78, just as Ms.
Committee: House Natural Resources & Environment
Keywords: 965, house, all
TX
TX

Texas 89th Regular

Senate Committee on Finance (Part II) Jan 29th, 2025

Finance

Transcript Highlights:
  • What kind of royalty do they receive? K. Jay Curtis: I believe Ms.
  • They pay us those royalties.
  • Senator: That's a very important point, capturing those royalties.
  • Senator Perry: ...0.5, half percent of royalty is...
  • Senator Perry: ...0.5, half percent of royalty is...
Bills: SB1 , SB 1
Committee: Senate Finance
Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all