Video & Transcript Research : 'foreclosure surplus'

Page 41 of 119
CA
Transcript Highlights:
  • And does the Governor have restrictions on how that money in the surplus account can be used relative
  • One note that I would make is the temporary surplus holding account is not a new account.
  • That's why it's called the temporary surplus holding account.
  • So we're draining all the surplus out of... ...and going to be a problem.
  • So we're draining all the surplus out of the MBA account to backfill the efficiency cuts.
Keywords: 988, house, all
Summary: The Assembly Budget Subcommittee heard the Department of Finance’s May Revision overview and the LAO’s budget assessment, then questioned administration officials on several natural resources and transportation proposals. Finance described the state’s improved near-term fiscal picture, but also highlighted continued budget balancing measures, including use of the temporary surplus holding account, climate bond spending, transportation and DMV/CHP augmentations, and changes affecting CEQA filing systems, water programs, CalRecycle, and food and agriculture. The LAO argued the budget still relies heavily on reserves and borrowing, recommended rejecting or delaying many new discretionary proposals, and urged caution about ongoing costs and future-year impacts, especially for the General Fund, Motor Vehicle Account, and Greenhouse Gas Reduction Fund. A major portion of the hearing focused on the Healthy Rivers and Landscapes proposal for Bay-Delta water quality implementation. Secretary Wade Crowfoot and Finance officials said the $25 million request would support early implementation of an enforceable program combining environmental flows, habitat restoration, and scientific monitoring, with the State Water Board retaining regulatory authority. The LAO said the proposal was premature because the updated Bay-Delta plan had not yet been adopted and asked for more clarity on the state’s existing commitments and future funding expectations. Several members expressed support for the program as a way to reduce long-running conflict over water policy, while others echoed concerns about timing and fiscal exposure. The committee also examined the proposed $125 million Proposition 4 contribution toward acquisition of the Golden Gate Fields property for a shoreline park and habitat restoration. State agencies said the project had a completed appraisal, was moving through a rolling grant process, and would leverage philanthropic and local funding, while members questioned why it was being elevated ahead of other park and conservation requests and whether it was the best use of limited bond dollars. The hearing then turned to transportation items, including $40 million for Clean California litter abatement, $6.2 million for Caltrans homeless coordinators, $73.4 million in DMV/Motor Vehicle Account requests, and funding for the 2028 Games route network. The LAO generally recommended rejecting or delaying the Clean California and homeless coordinator proposals pending more information, while members debated the need to preserve essential CHP and DMV operations despite the Motor Vehicle Account’s structural imbalance.
NH

New Hampshire 2026 Regular Session

Senate Commerce (04/14/2026)

Commerce

Transcript Highlights:
  • land, um, my understanding was that the Department of Transportation was the keeper of that book of surplus
  • <00:06:49.520> that<00:06:49.840> book<00:06:50.280> of<00:06:50.560> surplus
  • <00:06:51.920> Is keeper of that book of surplus lands.
  • Is keeper of that book of surplus lands.
  • <01:23:56.280> land<01:23:56.640> from tried to buy surplus land from tried to buy
Keywords: 1191, senate, all
NH
Transcript Highlights:
  • be used for, how much of them can be used for child care, and in particular when you use the TANF surplus
  • When you use that surplus, does that add to the 30% that you could use on child care or not?
  • <00:52:35.760> which When you use the tin of surplus which When you use the tin of surplus
  • c> you<00:52:57.760> use<00:52:58.160> that When you use that When you use that surplus
  • does that add to the 30% surplus does that add to the 30% that<00:53:05.359> you<00:53:05.680
Keywords: 1189, house, all
Summary: The Legislative Performance Audit and Oversight Committee approved the November 7 minutes with three abstentions and then received status updates on several ongoing audits. Audit staff reported that the special education oversight audit was in report-writing, with 34 of 71 observations completed and a draft expected in the second quarter and a final report in the summer. The education freedom accounts audit had 22 of 41 observations completed, with a draft also expected in the second quarter and a final report in the summer. The Doorway program audit had 5 of 13 observations completed, with a draft expected by the end of February and a final report by April or May. The committee then discussed possible new oversight topics, prompted by concerns about fraud in other states and the need to ensure New Hampshire programs are not vulnerable. Members suggested hearing from DHS officials, contract administrators, and possibly the Department of Justice Medicaid fraud unit about SNAP and other programs, as well as reviewing staffing levels in HHS contract management. There was also discussion of whether to revisit the Bureau of Elderly and Adult Services, though members noted that prior work on that area had been suspended because of litigation. A representative from HHS, Teresa Narrow, briefed the committee on the Bureau of Developmental Services. She said the state had been in compliance with CMS since July 1, 2023 after resolving issues tied to a system redesign and billing changes, and that provider-side billing problems had also been fixed. She also described three existing bodies involved in developmental disability housing oversight, including the Council on Housing Stability, the ABLE Housing Task Force, and a legislative study committee created by HB 168 in 2024. Committee members asked for her notes to be shared. The committee spent substantial time debating whether to pursue a new special education audit at the school-district level. Members discussed the need to examine why some districts have much higher special education rates and costs than others, and whether a statistically selected sample of schools could be used. Audit staff said no new audits could begin until about May or June and that only a couple of auditors would then be available. Members also noted that a legislative study committee is already working on special education and may issue a report later this year, and the committee appeared to leave the school-level audit idea as a potential future item rather than taking immediate action.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy One - Friday, May 15 - Afternoon Session

Missouri House Floor Meeting

Transcript Highlights:
  • usually contextualized as over the next two fiscal years, we have to cut X because of challenges with surplus
  • Because of challenges with surplus, as it was by down, one-time expenses, Medicaid expansion, things
  • And we're able to do that because we had a surplus, and we've been spending down the surplus, and everybody
  • But that surplus is coming to an end. And so you have to balance it.
  • And so when that surplus is gone, as it is right now, it would appear we're expending upwards of $2 billion
Keywords: 959, house, all
CA
Transcript Highlights:
  • So the BCRF does have a significant surplus that’s kind of residual from the pandemic.
  • And so the beverage container program does have a bit of a surplus right now, so we don’t anticipate
  • The BCRF does have a significant surplus that’s kind of residual from the pandemic.
  • And so the beverage container program does have a bit of a surplus right now, so we don’t anticipate
  • Do you know what the surplus is? Do you know what the surplus is? Good morning.
Summary: The subcommittee heard presentations on the administration’s Proposition 4 spending plans for extreme heat mitigation and outdoor access, then took up SB 54 implementation, SB 707 textile producer responsibility, and recovery needs related to the Los Angeles fires at state parks. For the extreme heat chapter, agencies described funding for the Extreme Heat and Community Resilience Program, urban greening, urban forestry, fairground upgrades, and technical assistance for community-based climate programs. Witnesses emphasized that these are existing programs with strong demand, that technical assistance is important for reaching disadvantaged and tribal communities, and that the proposed funding would expand outreach and implementation capacity. Members asked for more detail on where funds have gone geographically, examples of successful projects, tree-planting totals, and how fairgrounds could better support fire staging and emergency preparedness. The LAO said the timing of the administration’s proposed funding generally made sense because the programs are already established, and no votes were taken. For outdoor access, State Parks, Fish and Wildlife, and Natural Resources described funding for new parks in underserved communities, deferred maintenance, state lands access, and several new or pending programs. State Parks said the park development program would fund roughly 48 projects and that deferred maintenance funding would address high-priority health, safety, and access needs. Fish and Wildlife said its lands program would improve visitor amenities and access on properties that often lack basic facilities. The Natural Resources Agency also outlined three newer outdoor-access proposals: expanding recreation in disadvantaged communities, enhancing natural resource values and trail access, and a nature/climate/education facilities grant program. The LAO distinguished between existing programs, which are ready to move forward, and the newer proposals, where the Legislature may want more input before funds are allocated. Members also raised concerns about park police vacancies, the need to track outcomes for accessibility investments, and whether Prop. 4 could help with wildfire-related recovery at state parks. CalRecycle then presented on SB 54, the plastics and packaging producer responsibility law, and members pressed hard on the delay in regulations. CalRecycle said it has held workshops, formed an advisory committee, selected the producer responsibility organization, and completed required baseline and covered-material reports, but needs more time to address complex comments and novel features such as source reduction and eco-modulated fees. Members expressed frustration that a statutory deadline was missed and asked for a concrete timeline; CalRecycle said it expects regulations in place by 2026, ahead of the PRO’s January 1, 2027 plan deadline. Finance said the Beverage Container Recycling Fund is currently healthy enough to support short-term loans for implementation. The committee also reviewed SB 707, the textile EPR law, which would create the nation’s first textile producer responsibility program; staff said the proposal would add positions and loan authority, and members noted the statutory deadlines for PRO approval, needs assessment, and later regulations. The hearing ended with discussion of the January Los Angeles fires’ damage to Topanga State Park and Will Rogers State Historic Park, where State Parks described extensive losses, emergency response work, and ongoing damage assessment. Members asked about FEMA eligibility, state funding sources, and community engagement in rebuilding, and the department said it is still assessing costs and will work with the public on reimagining the parks.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 01:00 pm

Joint Committee on Labor and Workforce Development

Transcript Highlights:
  • I'm not used to doing this, but I am now facing eviction from foreclosure because all of the things that
Keywords: 995, all
Summary: The Joint Committee on Labor and Workforce Development held a lengthy hearing on June 18 focused on workers’ compensation, independent contractor and classification issues, workplace safety, warehouse worker protections, extreme temperature protections, retaliation against injured workers, and workplace bullying. Committee chairs outlined procedures for the hybrid hearing and noted that members would be leaving intermittently for floor votes. Testimony also touched on a bill to expand workers’ compensation disfigurement benefits by removing the current $15,000 cap and extending coverage beyond scars on the hands, neck, and face. A major theme was workplace safety in warehouses and in extreme heat or cold. Teamsters, warehouse workers, and labor advocates described high injury rates, strict quotas, lack of water, inadequate ventilation, frozen or missing safety equipment, and pressure to work through heat waves and snowstorms. Supporters urged favorable reports on bills protecting warehouse workers and requiring employers to adopt heat- and cold-safety plans, while the NFIB opposed the temperature bill as overly prescriptive and burdensome for small businesses. Sen. Edwards, Sen. Roche, Rep. O’Day, and others argued that the measures are needed to prevent heat illness, provide shade, water, rest breaks, training, and emergency plans, and to cover all workers regardless of immigration status. Another major subject was the “Act to Protect Injured Workers,” backed by labor groups, immigrant worker centers, legal services organizations, and individual workers. Witnesses said employers often retaliate after injuries by threatening deportation, lying about how injuries occurred, delaying care, or firing workers, and they supported stronger anti-retaliation enforcement, multilingual notices, and a rebuttable presumption of retaliation within 90 days of protected activity. The Mass AFL-CIO and immigrant advocacy groups supported the bill and opposed measures they said would weaken employee classification standards. Testimony also supported a funeral-benefits bill to raise workers’ compensation death-benefit reimbursement for burial and funeral costs, based on a family’s experience after a workplace fatality. The committee heard additional testimony on workplace bullying bills, with some witnesses urging a new legal duty for employers to prevent and respond to bullying, while others described the harms of toxic workplaces and the lack of effective remedies.
MN

Minnesota 2025 1st Special Session

Conference Committee on SF2298 5/17/25

Transcript Highlights:
  • Um, you know, that's really important investments for the foreclosure prevention, to getting people into
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on Higher Education - 03/13/25

Higher Education

Transcript Highlights:
  • We offer budget and debt counseling, student loan debt counseling, credit report reviews, foreclosure
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 3/3/25

Transportation Finance and Policy

Transcript Highlights:
  • We had an $18 billion budget surplus, and after single-party control of state government, we now have
  • In that historic session, the DFL trifecta spent every penny of that surplus, and between 2019 and 2024
  • In that historic session, the DFL trifecta spent every penny of that surplus, and between 2019 and 2024
  • In that historic session, the DFL trifecta spent every penny of that surplus, and between 2019 and 2024
  • In that historic session, the DFL trifecta spent every penny of that surplus, and between 2019 and 2024
Bills: HF192, HF268, HF1214, HF494
MN

Minnesota 2025-2026 Regular Session

Plastic bottle excise tax proposed 3/10/26

Minnesota House Floor Meeting

Transcript Highlights:
  • couple of years back, and I know that we're all getting tired of hearing about what was an $18 billion surplus
  • couple of years back, and I know that we're all getting tired of hearing about what was an $18 billion surplus
  • couple of years back, and I know that we're all getting tired of hearing about what was an $18 billion surplus
  • couple of years back, and I know that we're all getting tired of hearing about what was an $18 billion surplus
Keywords: 1183, house
TX

Texas 89th Regular

89th Legislative Session Apr 25th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • HB 2002 by Darby. reeling the eligibility of an organization to receive surplus agricultural products
  • Speaker members this bill relates to the eligibility of food bank Receive surplus goods through the Department
  • HB 1851 by Morales of Maverick relaying disposition of certain surplus motor vehicles and another law
  • Speaker, this bill allows public schools to be able to purchase surplus vehicles for campus safety purposes
MN

Minnesota 2025 1st Special Session

House/Senate Republican Media Availability 4/23/25

Minnesota House Floor Meeting

Transcript Highlights:
  • As you know, over the last two years, $18 billion of surplus was spent, another $10 billion raised on
  • of the one-party Democrat control that have gotten us to this place—spending an entire $18 billion surplus
  • You know, the deficit that has been created, the spending of the $18 billion surplus, raising taxes and
  • At a time that we could have used the $18 billion surplus and maybe gotten ahead or set more away and
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Republican Press Conference 2/5/25

Transcript Highlights:
  • And during the last two years, we saw a period of time where the massive nearly $20 billion budget surplus
  • 00:39.760> budget the massive nearly 20 billion budget the massive nearly 20 billion budget surplus
  • :00:41.360> a<00:00:41.520> whole<00:00:41.719> host<00:00:42.039> of surplus
  • was spent on a whole host of surplus was spent on a whole host of wasteful<00:00:42.840> spending
Keywords: 1183, house
Summary: House Republicans held a press event to announce two priority bills focused on immigration and state spending. Rep. Isaac Schultz said his bill, House File 10, would stop taxpayer funding for people in Minnesota illegally, including through programs such as Northstar Promise, MinnesotaCare, medical assistance, and legal services. He framed the proposal as a way to redirect limited state resources to Minnesota families, veterans, people with disabilities, the homeless, and infrastructure needs, and said it could save more than $100 million, with some estimates discussed during debate reaching about $200 million for MinnesotaCare alone. Rep. Max Rymer introduced House File 16, which would require reporting to ICE or other federal immigration authorities when an undocumented immigrant is suspected of committing a violent crime, and would bar local governments from withholding information from federal authorities. He said the bill is intended to end sanctuary-city practices and improve public safety. Both lawmakers argued that the measures are narrow, targeted at violent offenders, and consistent with cooperation with federal immigration enforcement. They also said the bills respond to voter concerns about illegal immigration and rising costs. During questions, the members said the state-funding bill is aimed at state dollars, while the reporting bill complements federal law by addressing local noncooperation. They discussed concerns about eligibility tracking and said current programs do not provide enough data on how many undocumented people receive benefits. Schultz cited a family in his district that lost MinnesotaCare after an income change as an example of what he sees as unfair treatment compared with benefits for undocumented immigrants. No votes were taken at the event; the lawmakers said these are the first of several bills they plan to advance this session.
CA

California 2025-2026 Regular Session

Assembly Appropriations Committee May 13th, 2026

Transcript Highlights:
  • within Mission Bay Park and the City of San Diego by providing a narrow exemption from the state's Surplus
  • The City of San Diego is strongly supportive of the Surplus Lands Act.
  • AB 2139 is a district bill that proposes a targeted amendment to the Surplus Land Act, creating a practical
Summary: The Assembly Appropriations Committee met on May 13, 2026, and began by taking up a large consent calendar, moving a first group of bills to the floor consent calendar and a second group by due pass. The committee then heard and advanced a series of measures covering housing, public safety, health care, education, and local government issues. Among the bills discussed were AB 2641 on a sales tax exemption for pawnbroker redemptions, AB 2525 on a narrow Surplus Lands Act exemption for Mission Bay Park, AB 1732 and AB 2433 on student housing and the Affordable Homes Bonus Law, AB 2055 on boating safety and enforcement, AB 1579 on children’s crisis residential services, AB 2139 on a Surplus Lands Act amendment for an Inland Empire soccer project, AB 2041 on EMS reporting, AB 1973 on reproductive health scope for advanced practice clinicians, AB 1929 on health plan investment disclosures, AB 2700 on utility rates and wildfire victim compensation, AB 1809 on school job order contracting, SB 73 on election security, AB 2418 on commercial building permit timelines, AB 1970 on step therapy limits for serious mental illness and substance use treatment, AB 2361 on peer-to-peer vehicle-sharing liability, AB 1976 on bike and pedestrian project approvals, AB 2110 on tax increment financing for workforce housing, and AB 2146 on supportive housing documentation and vacancy rules. Testimony was generally supportive for the measures heard. Authors and sponsors emphasized consumer fairness, housing production, public safety, access to care, and administrative streamlining. Supporters included local governments, housing advocates, school districts, law enforcement groups, health care organizations, and affected individuals. AB 2700 drew especially extensive public testimony from wildfire survivors and local officials who urged stronger compensation for victims of PG&E-caused fires and relief from high utility costs. AB 2034 and AB 1790 were raised during public comment on bills not heard in committee, with several industry groups opposing AB 2034 and both supporters and opponents speaking on AB 1790’s Waters Edge issue. Most bills were reported out of committee on due pass motions, with several noted as amended or with members not voting on particular roll calls. The committee also read and approved a lengthy suspense calendar, then opened public comment on bills not presented that day before adjourning.
MN

Minnesota 2025-2026 Regular Session

Prioritizing Public Safety – Senator Warren Limmer Apr 14th, 2025

Minnesota Senate Floor Meeting

Transcript Highlights:
  • because they increased funding last year by 40% in spending, as well as spending all of the $18 billion surplus
  • because they increased funding last year by 40% in spending, as well as spending all of the $18 billion surplus
  • because they increased funding last year by 40% in spending, as well as spending all of the $18 billion surplus
Keywords: 1187, senate, all
MN
Transcript Highlights:
  • of money and that's why we had<00:05:20.960> a<00:05:21.080> giant<00:05:21.520> surplus
  • had a giant surplus. had a giant surplus.
  • and found out we had a $6 plus surplus and found out we had a $6 billion<00:51:56.360> deficit.
  • And that was with an $18.5 billion surplus; we raised taxes by $10 billion.
  • And that was with an $18.5 billion surplus; we raised taxes by $10 billion.
Keywords: 919, house, all
Summary: The committee heard presentations on two tax bills: House File 4123, by Representative Agbaje, would expand Minnesota’s net investment income tax to include certain business income, especially income from S corporations and LLCs not subject to federal self-employment taxes, while keeping the current rate and million-dollar threshold; she said it would raise an estimated $88.7 million next year. House File 4616, by Chair Gomez, would impose a 1% annual tax on fortunes above $10 million. Gomez framed the bill as a response to growing wealth inequality and argued that wealthy households and large fortunes should contribute more to public services, while Agbaje said her bill would broaden the tax base and help meet state needs. Public testimony was sharply divided. Supporters, including Nan Madden of the Minnesota Budget Project, Erica Mominee of the Minnesota Association of Professional Employees, Lauren Richards, and teacher Kristen Sinicariello, said the bills would help address wealth and income inequality and provide needed revenue for public health, education, and other public services. They pointed to federal tax cuts for high-income households, cuts to Medicaid and SNAP, and strains on state agencies and schools. Richards said small businesses already pay more than large corporations like Amazon, and Sinicariello argued that higher revenue would support classrooms and help equalize opportunity. Opponents, including Brian Cook of the Minnesota Chamber of Commerce, Dalton Danielson of the Minnesota Business Partnership, and John Beschi of NFIB Minnesota, warned that both bills would hurt business competitiveness and investment. They argued that HF 4123 would effectively create a new higher tax tier for pass-through businesses and that HF 4616 would be difficult to administer, could force sales of illiquid assets, and could discourage entrepreneurship and capital investment. No votes or final committee action were taken in the portion of the meeting provided; the committee moved through bill presentations and public testimony before member discussion.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 03/27/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • I mean, we basically blew an $18 billion surplus.
  • So, you can't do it in your surplus.
  • They squandered an $18 billion surplus. Democrats raised taxes $10 billion, and to what effect?
  • :50:40.639> taxes<01:50:41.360> $10 surplus.
  • Democrats raised taxes $10 surplus.
Keywords: 1187, senate, all
LA
Transcript Highlights:
  • One is the fiscal year 2425 surplus appropriation of 140. to lasers.
  • One is the fiscal year 2425 surplus appropriation of $144 million, and then one for statutory dedications
Keywords: 965, house, all
Summary: The Public Retirement System Actuarial Committee met on Monday, June 22, with a quorum present and approved the prior meeting minutes. There was no public comment. The main item was an actuarial update from Ms. Johnson on LASERS, prompted by House Bill 312 of 2026, which appropriated about $145 million to LASERS and required the committee to revise the projected fiscal year 2027 employer contribution rate to reflect the funds received. Ms. Johnson explained that $87.6 million was applied to the original amortization base, paying it off, and the remaining $57.9 million was applied to the experience account amortization base. As a result, the projected aggregate employer contribution rate for fiscal year 2027 was reduced from 32.51% to 30.05%, a decrease of 2.46%, with the projected employer contribution amount revised to about $738.7 million. She also noted that the original amortization base balance would be zero by June 30, 2026, while the experience account amortization base would continue to be paid down over time. Committee members asked about the longer-term impact of the changes, including a question about projected savings in 2036. Ms. Johnson said the later-year savings would depend on future actuarial experience and investment performance, but the projected UAL payment in that year would be lower under the revised schedule. The committee then moved to adopt the revised projected fiscal year 2027 LASERS contribution rate of 30.05% by plan, the motion was seconded, and it passed without opposition. The meeting then adjourned.