Video & Transcript Research : 'surplus distribution'
Page 41 of 386
LA
Transcript Highlights:
- And so this actually sets up a task force to look at those costs and see how they are fairly distributed
- House Bill 1129 by Representative Shammerhorn is an act to amend Title 39 on the sale of surplus state-owned
- McFarlane, which is an act to provide with respect to the revenue sharing fund and allocation and distribution
- McFarlane, which is an act to provide with respect to the revenue sharing fund and allocation and distribution
Bills:
SR145, SR146, SR147, SR148, SCR78, SCR12, HB302, HB221, HCR58, HB59, HB89, HB153, HB243, HB335, HB342, HB350, HB407, HB451, HB513, HB595, HB682, HB688, HB690, HB730, HB762, HB802, HB816, HB940, HB944, HB1003, HB1011, HB1029, HB1053, HB1058, HB1062, HB1064, HB1079, HB1084, HB1098, HB1161, HB1189, HB1203, HB1215, HB1247, HB1248, HB1251, HB1253, HB1257, HB1258, SCR3, SB393, SB401, SB415, SB426, SB435, SB487, SB488, SB523, SB56, SB163, SB341, SB504, SB322, SR125, SCR54, SCR59, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR27, HCR28, HCR66, HCR67, HCR72, HCR5, HCR32, HCR49, HCR50, HCR53, HCR60, HCR62, HCR64, HCR68, HCR78, HCR81, HCR86, HCR97, HCR102, HCR31, HCR47, HCR3, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1195, HB1230, HB316, HB511, HB799, HB1039, HB12, HB66, HB145, HB167, HB196, HB213, HB218, HB222, HB256, HB291, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB1, HB2, HB3, HB42, HB45, HB71, HB79, HB158, HB160, HB169, HB227, HB251, HB289, HB312, HB313, HB314, HB330, HB383, HB394, HB410, HB429, HB769, HB971, HB983, HB1017, HB1126, HB1234, HB1235, HB17, HB27, HB36, HB41, HB47, HB73, HB126, HB133, HB140, HB159, HB166, HB205, HB211, HB226, HB259, HB271, HB308, HB310, HB324, HB337, HB351, HB399, HB403, HB571, HB712, HB723, HB726, HB740, HB750, HB759, HB812, HB844, HB966, HB1006, HB1009, HB1018, HB1036, HB1107, SB29, SB42, SB43, SB78, SB208, SB217, SB274, SB300, SB379, SB382, SB387, SB441, SB449, HB74, HB134, HB258, HB359, HB468, HB956, HB1117, SB149
Keywords:
critical infrastructure, foreign adversaries, homeland security, task force, Louisiana Senate, military bases, oil and gas, refining facilities, energy generation, industrial manufacturing, agriculture, food supply, biosecurity, agroterrorism, Chinese Communist Party, People's Republic of China, Russia, Russian government, FBI, Secret Service
LA
Transcript Highlights:
- And so this actually sets up a task force to look at those costs and see how they are fairly distributed
- House Bill 1129 by Representative Shamerhorn is an act to amend Title 39 on the sale of surplus state-owned
- McFarlane, which is an act to provide with respect to the revenue sharing fund and allocation and distribution
- McFarlane, which is an act to provide with respect to the revenue sharing fund and allocation and distribution
Bills:
SR145, SR146, SR147, SR148, SCR78, SCR12, HB302, HB221, HCR58, HB59, HB89, HB153, HB243, HB335, HB342, HB350, HB407, HB451, HB513, HB595, HB682, HB688, HB690, HB730, HB762, HB802, HB816, HB940, HB944, HB1003, HB1011, HB1029, HB1053, HB1058, HB1062, HB1064, HB1079, HB1084, HB1098, HB1161, HB1189, HB1203, HB1215, HB1247, HB1248, HB1251, HB1253, HB1257, HB1258, SCR3, SB393, SB401, SB415, SB426, SB435, SB487, SB488, SB523, SB56, SB163, SB341, SB504, SB322, SR125, SCR54, SCR59, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR27, HCR28, HCR66, HCR67, HCR72, HCR5, HCR32, HCR49, HCR50, HCR53, HCR60, HCR62, HCR64, HCR68, HCR78, HCR81, HCR86, HCR97, HCR102, HCR31, HCR47, HCR3, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1195, HB1230, HB316, HB511, HB799, HB1039, HB12, HB66, HB145, HB167, HB196, HB213, HB218, HB222, HB256, HB291, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB1, HB2, HB3, HB42, HB45, HB71, HB79, HB158, HB160, HB169, HB227, HB251, HB289, HB312, HB313, HB314, HB330, HB383, HB394, HB410, HB429, HB769, HB971, HB983, HB1017, HB1126, HB1234, HB1235, HB17, HB27, HB36, HB41, HB47, HB73, HB126, HB133, HB140, HB159, HB166, HB205, HB211, HB226, HB259, HB271, HB308, HB310, HB324, HB337, HB351, HB399, HB403, HB571, HB712, HB723, HB726, HB740, HB750, HB759, HB812, HB844, HB966, HB1006, HB1009, HB1018, HB1036, HB1107, SB29, SB42, SB43, SB78, SB208, SB217, SB274, SB300, SB379, SB382, SB387, SB441, SB449, HB74, HB134, HB258, HB359, HB468, HB956, HB1117, SB149
Keywords:
critical infrastructure, foreign adversaries, homeland security, task force, Louisiana Senate, military bases, oil and gas, refining facilities, energy generation, industrial manufacturing, agriculture, food supply, biosecurity, agroterrorism, Chinese Communist Party, People's Republic of China, Russia, Russian government, FBI, Secret Service
Summary:
The Senate met with a quorum, received a Memorial Day guest minister introduction and prayer, and then moved through journal and legislative bureau matters. The chamber adopted or advanced several Senate resolutions, including SR 149 directing DOTD to study hazards from increased Norfolk Southern rail activity at the Alabo Street Wharf, SR 153 commending a Miss St. Tammany Parish Fair Queen, SR 154 asking LDH to study the in-home skilled nursing market, and SR 145 recreating the task force on protecting Louisiana critical infrastructure from foreign adversaries. It also adopted SCR 78 designating Bonfuca Museum and Research Center Day at the Capitol, and later adopted SCR 54 and SCR 59 memorializing Congress on the Mississippi River Basin Fishery Commission and Comite River Diversion Canal flood-risk map review, respectively.
The Senate also considered a large number of House bills and Senate bills on concurrence or final passage, with most passing overwhelmingly. Topics included education and school policy, health care, criminal justice, natural resources, transportation, insurance, and local government. Among the measures discussed were bills on adolescent literacy, vocational training in graduation plans, special education due process, school crisis plans, autism therapy accommodations during the school day, Medicaid dental coverage, workers’ compensation procedures, prior authorization for certain generic drugs, boiler inspection authority, money transmission licensing, and alternative power sources for nursing facilities. Several bills drew brief explanations from sponsors about technical corrections or policy clarifications, while a few were returned to the calendar or recommitted to committee.
A few measures prompted more substantial debate. Senate Bill 456 on workers’ compensation generated extended discussion over whether employers should be allowed to file actions to investigate questionable claims without first cutting off benefits; supporters framed it as a transparency measure, while opponents argued it would increase litigation and disadvantage injured workers. The bill ultimately passed 20-17. Senate Bill 401 on the Prescription Drug Affordability Board had House amendments rejected, and Senate Bill 487 on charitable gaming premises rental agreements also had House amendments rejected. Other bills, including SB 393, SB 415, SB 426, SB 435, SB 488, SB 523, and SB 163, had House amendments concurred in, while HB 1095, HB 1103, HB 1129, HB 1166, HB 1195, HB 220, HB 316, HB 511, HB 799, HB 12, HB 66, HB 145, HB 167, HB 196, HB 213, HB 218, HB 222, HB 256, HB 291, HB 326, HB 352, HB 430, HB 433, HB 434, HB 448, HB 456, and HB 1039 were among the House bills finally passed, many by wide margins.
AZ
Arizona 2026 Regular Session
03/17/2026 - House Natural Resources, Energy & Water
Natural Resources, Energy & Water
Transcript Highlights:
- Collaboratively, we engaged Global Water with creative ideas, proposing to purchase effluent water during surplus
- Senate Bill 1419 additionally outlines the disclosures in a distributed energy generation system, or
- It also mandates a distributed energy generation lease cannot begin until the system is approved by a
- monies in the temporary groundwater and irrigation efficiency projects fund to be proportionally distributed
Keywords:
underground utilities, utility locating, dig safe, call before you dig, 811, excavation safety, damage prevention, one-call center, locate request, white lining, large project coordination, buried infrastructure, subsurface utilities, utility marking, locator wire, locator strip, interactive positive response system, landlord duties, apartment community, mobile home park
Summary:
The committee heard several water and energy-related measures. SB 1200, as amended, addressed Arizona Department of Water Resources treatment of certain “conduit lakes” in active management areas, allowing some existing lake systems to continue using groundwater mixed with effluent for irrigation or landscaping purposes. ADWR testified in opposition to the amendment’s policy implications and enforcement concerns, while HOA, homebuilder, and resident witnesses argued the bill would grandfather existing communities, avoid costly system redesigns, and reflect prior agency practice. The committee adopted the strike-everything amendment and then passed SB 1200 on a 6-3 vote.
SB 1419, dealing with residential rooftop solar installations, was amended to add consumer-protection and disclosure requirements, including roof inspection and installation standards, clearer contract disclosures, and contractor responsibilities. County and industry witnesses said the bill was the product of a lengthy stakeholder process aimed at addressing misleading sales practices and installation problems, though some technical issues were still to be resolved on the floor. The committee adopted the amendment and passed SB 1419 on a 6-1 vote with two members present and one absent. SB 1447, which extends Pinal AMA groundwater withdrawal fee provisions and related fund deadlines, was supported by irrigation and agricultural interests as a way to finance local infrastructure and conservation during Colorado River uncertainty; it passed 7-1 with one present and one absent.
SB 1560 raised the maximum single loan amount from the Water Supply Development Revolving Fund from $3 million to $20 million. WIFA said the current cap was too low for larger rural water projects and that the change would better match demand without harming the fund’s revolving nature; the bill passed 8-1 with one absent. The committee also approved SCM 1004, urging Congress to clearly define EPA powers and duties, despite some members saying it was unnecessary or backward-looking; it passed 6-2 with one absent. The meeting then adjourned.
NM
Transcript Highlights:
- bonding program and redirected some of the savings to a new trust fund that is already generating distributions
- this interim was they asked LFC and DFA staff to collaborate to take what would now be the second distribution
- The legislature has been pretty consistent in these years of surplus about trying to build up and providing
- and Reserve Fund, with the goal of continuing to build up the corpus of that and then the annual distributions
Bills:
HB1
Keywords:
feed bill, legislative appropriations, legislative branch, New Mexico Legislature, general fund, legislative council service, legislative finance committee, legislative education study committee, house chief clerk, senate chief clerk, per diem, mileage, session expenses, interim committees, district staff, capitol complex, capital outlay data system, legislative processing system, redistricting, census redistricting
TX
WV
West Virginia 2026 Regular Session
Senate in Session Mar 11th, 2026 at 11:25 am
West Virginia Senate Floor Meeting
Transcript Highlights:
- This supplemental appropriates $2 million from the unappropriated surplus balance of general revenue
- This supplemental appropriates 132,000 from the unappropriated surplus balance of general revenue to
- This supplemental appropriates $1 million from the unappropriated surplus balance of general revenue
- This supplemental appropriates $4,960,630 from the unappropriated surplus balance of general revenue
- to a new current expenses surplus appropriation within the Department of Health Facilities, William R
Summary:
The Senate convened with prayer and the Pledge of Allegiance, approved the journal, and spent much of the day recognizing pages, guests, school groups, and civic organizations visiting the chamber. Several communications from the House and committee reports were received, and a petition on support for new electric transmission lines was referred to the Committee on Energy, Industry, and Mining. Senate Resolution 61, urging the U.S. Supreme Court to reverse Obergefell, was referred to the Committee on Rules, while other resolutions and bills were held over or referred as required.
The chamber then acted on a large number of measures, including concurrence in House amendments to Senate Bill 137 on parole eligibility for second-degree murder and voluntary manslaughter, and a conference committee was appointed on House Bill 4026 regarding integrated resource plans. Numerous House bills were advanced or passed after committee reports, covering topics such as industrial access roads, local airport hangar financing, college campus safety, youth and handicapped hunting, missing persons records, driver’s licenses, adjudicatory alternative dispositions, chronic absenteeism, party-switching deadlines for candidates, teacher/school personnel/state police pay raises, election official trainees, political committee filing notices, security personnel for the State Treasurer, post-secondary financial aid, legal practice rules, overseas voting, public officials’ residential information, homestead exemption, military juvenile jurisdiction, military interpersonal violence, kinship care subsidies, statewide prevention planning, contraband smuggling into federal prisons, forestry equipment taxation, microgrid and data center certification, transcript acceptance for students, emeritus medical licenses, higher education rule authorizations, board and commission reforms, managed care organization taxes, and deputy sheriff vacation carryover. Most of these measures passed with little or no opposition, and several received title amendments.
The Senate also passed a series of supplemental appropriations, many with immediate-effect motions adopted by the required two-thirds vote. These included funding for the Department of Commerce, Workforce West Virginia, Homeland Security divisions, Health Facilities, Administration, Human Services, the Governor’s Civil Contingent Fund, the Department of Agriculture, and the Bureau of Senior Services. Votes were overwhelmingly in favor, with only a few measures drawing one or more dissenting votes. One bill on tourism appropriations was referred to the Committee on Rules, and several second-reading bills were advanced, including measures on the West Virginia Collaboratory, business-ready sites, volunteer fire companies, religious organization eminent domain restrictions, electric load forecasting, and funeral service licensure.
WV
West Virginia 2026 Regular Session
Senate in Session Mar 14th, 2026 at 11:34 am
West Virginia Senate Floor Meeting
Transcript Highlights:
- Hospital, and Mildred Mitchell Bateman Hospital, from the unappropriated surplus balance.
- This supplemental appropriates $8,704,000 from the unappropriated surplus balance of general revenue
- Sharp Hospital; and $4,404,000 to a new capital outlay, repairs and equipment surplus appropriation to
- This supplemental appropriates $10 million from the unappropriated surplus balance of general revenue
- to a new capital outlay, repairs and equipment surplus appropriation within the Division of Culture
Summary:
The West Virginia Senate convened with prayer, the Pledge of Allegiance, journal approval, and numerous introductions of honorary pages, guests, chaperones, and visitors, including a large McDowell County Day delegation. The Senate also received a governor’s executive message containing 76 nominations, which were referred to the Committee on Confirmation, and then set those nominations as a special order of business for 4 p.m. later that day.
On legislation, the Senate rejected House amendments to Senate Bill 493 on open captioning for motion pictures and requested the House recede, saying the amendments changed the bill’s intent by making captioning mandatory and expanding its scope. The chamber then took up Senate Bill 587 on county officials’ salaries, adopted an amendment restoring county control over future pay increases while keeping a 5% raise, concurred in the House amendments as amended, and passed the bill 34-0 with immediate effectiveness.
The Senate also fast-tracked and passed several supplemental appropriations bills, all by 34-0 votes and all made effective from passage: House Bill 527 for health facilities, House Bill 528 for the Department of Agriculture’s spay-neuter assistance fund, House Bill 5307 for the Division of Culture and History, House Bill 5317 for the Division of Natural Resources, and House Bill 5694 for the Department of Education. The Senate received House Bill 5286 on corrections and referred it to Finance. Finally, the Senate adopted Senate Resolution 66 designating March 14, 2026, as McDowell County Day at the legislature, with remarks highlighting the county’s history and current economic efforts, and then recessed for 30 minutes.
OR
Oregon 2026 Regular Session
Joint Emergency Board 06/17/2026 8:30 AM
Transcript Highlights:
- We're looking at selling $4 million worth of surplus property.
- You also might hear some comments on the geographical distribution of where these funds go.
- Managing and enforcing Oregon's water distribution is done in partnership between the Water Resources
- The grant will be distributed along with the second year of the State Library's Ready to Read program
- The grant will be distributed along with the second year of the State Library's Ready to Read program
Summary:
The Emergency Board met on June 17, 2026, and approved a series of subcommittee recommendations, mostly on consent, related to federal grant applications, agency funding adjustments, and position authority. Early actions included approval of four federal grant applications from natural resources agencies, three public safety grant applications, a one-time increase for Judicial Department court security, retroactive approval for an AmeriCorps volunteer-generation grant, and a $7.5 million allocation to Southern Oregon University from a special appropriation for short-term financial stability. Members supporting the SOU item emphasized the university’s structural deficits, declining enrollment, and the need for a long-term higher education plan; several members voted no or raised concerns about sustainability, but the motion passed.
The board also approved a federal apprenticeship expansion grant for the Higher Education Coordinating Commission, a school nutrition equipment grant for the Department of Education, and an Oregon Health Authority request tied to Medicaid community engagement requirements under H.R. 1. Public safety items included funding for Oregon Military Department readiness facilities, a report on the stalled juvenile justice information system modernization project with a follow-up viability report due in 2026, and a statewide evacuation planning tool for emergency management. The evacuation tool drew strong support as a wildfire preparedness measure, with members noting it could significantly reduce alert times and save lives.
A major point of debate was the Department of Justice request to add 16 permanent positions and increase other funds limitation for antitrust enforcement. Supporters argued the federal government has pulled back and Oregon needs capacity to pursue active cases and protect consumers; opponents objected to the process, the size of the expansion, and the incentive structure tied to settlements and awards. Despite those concerns, the motion passed. The board also approved Water Resources Department requests for the Water Well Abandonment, Repair and Replacement program, an assistant water master position in Washington County, and federal funding for Lower Umatilla Basin groundwater data collection. The water master item prompted questions about county cost shifts, but staff said the position would remain externally funded and would not be filled without those resources.
VA
Transcript Highlights:
- So kindly go and pick those up so you can distribute those to the recipients.
- It relates to establishing the Distributed Energy Resources Task Force and its sunset.
- House Bill 285, as enrolled, established a Distributed Energy Resources Task Force.
- Speaker, House Bill 285 as enrolled, established a distributed energy resources task force.
- You load forecasting practices by utilities, which includes distribution cooperatives.
NM
New Mexico 2026 Regular Session
IC - Legislative Finance Jan 19th, 2026 at 08:33 am
Transcript Highlights:
- The distribution of these goals suggests that providers are primarily using RHCDF funding to address
- As noted earlier, funding has been distributed across three funding cycles, each with a formal application
- There's not any surplus unspent money going into the fund anymore. Okay, okay, thank you, Mr.
- Currently, there are some stranded unused balances in the fund based on how the distributions are made
- This bill would make those technical changes to increase those distributions. and improve the investment
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight May 7th, 2025
Transcript Highlights:
- , but that budget only increased the Rainy Day Fund by $3 billion in 2022-23. $100 billion surplus.
- I remember asking a new member orientation why we did not put more of the projected surplus aside in
- It's untested, and it's called the Projected Surplus Temporary Holding Account.
- In 2023, the state enjoyed a record-breaking $97.5 billion surplus.
- And unfortunately, in 2024, a $45 billion... ...surplus.
Summary:
The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years.
The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains.
Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.
MN
Minnesota 2025 1st Special Session
Press Conference: Republican Leaders Present Bills to Curb Government Waste - 03/17/25
Transcript Highlights:
- So, with an $18 billion surplus that turned into a $6 billion deficit, there's lots of ways we can talk
- So, with an $18 billion surplus that turned into a $6 billion deficit, there's lots of ways we can talk
- the event of a surplus.
- The condition is that there has to be a surplus before we give that back.
- Now you can look at the surplus that we currently have, and it's not a structural surplus, so I would
NH
Transcript Highlights:
- clarifying that unadmitted surplus clarifying that unadmitted surplus companies<00:28:16.000>
- The committee amendment creates a non-lapsing epinephrine fund to help schools procure and distribute
- The committee amendment creates a non-lapsing epinephrine fund to help schools procure and distribute
- <01:36:51.760>
emergency schools procure and distribute emergency schools procure and distribute - <01:39:20.480>
of procurement and distribution of procurement and distribution of epinephrine
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/13/2025)
Transcript Highlights:
- That's distributed to cities and towns.
- The state has also been able to use some of our surplus funds, and the additional revenues.
- Again, the additional revenues have contributed to adding the surplus to the rainy day fund.
- There’s also diversity in age distributions.
- This is the distribution of the minority population in New Hampshire.
Summary:
The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund.
The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance.
Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected.
Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.
HI
Hawaii 2025 Regular Session
CPC Public Hearing - Wed Mar 12, 2025 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- sort of the same Dynamic uh Surplus sort of the same Dynamic uh Surplus lines<00:40:22.680>
premiums - are Surplus lines lines premiums are Surplus lines coverages<00:40:24.599>
are <00:40:24.800> markets everyone knows that Surplus markets everyone knows that Surplus lines<00:41:30.079>companies - This method already exists for surplus lines too, right? We're not making this out of whole cloth.
- This method already exists for surplus lines too, right? We're not making this out of whole cloth.
Summary:
The Committee on Consumer Protection and Commerce met on March 12, 2025, and heard testimony on several bills, with most measures drawing support from state boards, agencies, and industry groups. SB 102 (restaurants) had one supportive testifier and no questions. SB 1367 SD1 (installment loans) drew support from DCCA and other boards, but the chair raised concerns about a proposed $5 debit-card convenience fee, saying it seemed high and suggesting it might be amended downward; DCCA said it would check with industry on the likely impact. SB 1373 SD2 (administrative licensure action against sex offenders) received broad support from DCCA and multiple professional licensing boards, including psychology, physical therapy, naturopathic medicine, chiropractic, dentistry, massage therapy, nursing, optometry, barbering and cosmetology, the Hawaii Medical Board, and HPD.
The committee then heard SB 1142 SD1 (insurance proceeds), which was supported by DCCA, the Council for Native Hawaiian Advancement, AARP, Hawaiʻi Realtors, and the Hawaiʻi Insurers Council, while State Farm offered comments and the Hawaii Bankers Association opposed. Testimony focused on insurance access after the Lahaina wildfires and the need to address underinsured homeowners. The committee also discussed SB 144 SD2 (stabilization of property insurance), with support from the Hawaii Green Infrastructure Authority, AARP, Hawaiʻi Realtors, and the Hawaiʻi Insurers Council, and comments from the Attorney General and DCCA Insurance Division about revising the financing structure and correcting bill language. Opponents and reservationed supporters argued the bill may not help if applicants can still obtain coverage at very high prices, while supporters said it would expand market capacity and provide a safety net as climate-related losses continue.
Finally, SB 253 SD2 (condominium reserves) received support from Hawaiʻi Realtors, CI, and several individual testifiers. Supporters said it would enforce existing disclosure requirements under Act 199 and improve reserve funding transparency, while one individual argued stronger enforcement and an ombudsman-style office would be more effective. The chair reminded testifiers to stay on the bill at hand. No votes or final committee actions were taken during the portion of the meeting reflected in the transcript.
MN
Transcript Highlights:
- We do have concerns about the cost and the distribution of this policy, but we find this specific exemption
- Exempting Social Security income carries all the budgetary and the distributional problems of any income
- side um I don't want to the distribution side um I don't want to belabor<00:30:48.640>
that <00 - that<01:36:41.960>
we <01:36:42.159>had <01:36:43.000>and billion dollar Surplus - that we had and billion dollar Surplus that we had and we<01:36:43.280>
increased <01:36:43.960
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 10, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Today, the U.S. economy has a trade surplus with Australia.
- tariff on steel and aluminum products coming from Australia into the U.S., at a time when we have a surplus
- time when we Australia into the us at a time when we have<00:08:16.840>
a <00:08:17.240>surplus - <00:08:18.240>
uh <00:08:18.360>with <00:08:18.680>Australia have a surplus - uh with Australia have a surplus uh with Australia Australia<00:08:20.240>
is <00:08:20.400>
MN
Minnesota 2025-2026 Regular Session
Press Conference: Republican Members Introduce Tax Relief Bills - 03/02/26
Transcript Highlights:
- We heard last week in the budget forecast that the surplus is now $3.7 billion dollars.
- We heard last week in the budget forecast that the surplus is now $3.7 billion dollars.
- We just talked about the $9 billion in fraud and the $3.9 billion that we have in a surplus.
- We still have a short-term surplus. We still have a structural<00:21:08.000>
imbalance. - It's been spending our $18 billion budget surplus. It's been increased taxes.
Summary:
Minnesota Senate Republicans held a press conference unveiling a package of affordability and tax-relief bills aimed at property taxes, taxes on tips and overtime, and vehicle registration costs. Leader Mark Johnson said the proposals were meant to counter rising costs for wages, homeownership, and driving, and argued that Democrats’ policies had made life more expensive. Several senators echoed that theme, saying Minnesotans need immediate relief and that the state has room to act because of a reported surplus.
Senator Michael Kunesh described a property-tax cap bill that would limit increases for cities and counties to inflation plus 50% of population growth, with higher increases requiring voter approval. He said constituents, including seniors, a disabled veteran, and young people, are seeing unsustainable property-tax hikes, and he argued that state and federal mandates have driven local costs. In response to a question about added county workload from federal SNAP and Medicaid changes, he said the solution is both to pause new mandates and to cap property-tax growth.
Senator Karin Housley outlined a proposal to end state taxes on tips and overtime, with deductions up to $25,000 for tips and $12,500 for overtime, phased out at $150,000 for individuals and $300,000 for families. She said the measure would help workers keep more of what they earn and would not cost small businesses directly. Senator John Jasinski proposed rolling back vehicle registration tab fees to pre-2023 levels, saying Minnesota’s fees are far higher than neighboring states and that the change would save drivers money over time. Senator Julia Coleman also supported the package, saying the bills would provide practical relief for families facing high housing, driving, and work-related costs. No votes were taken; the event ended with questions from reporters about fiscal impacts, offsets, and whether the proposals would worsen the state’s structural budget imbalance.
MN
Minnesota 2025 1st Special Session
Balancing the Budget – Senator Eric Pratt Mar 24th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- See, we have a $3 billion surplus."
- And what I've been telling Minnesotans is that surplus is spent. It's already encumbered.
- <00:08:21.360>
And <00:08:21.520>what have a $3 billion surplus." - And what have a $3 billion surplus."
- I've been telling motans is that surplus I've been telling motans is that surplus is<00:08:23.960
NH
Transcript Highlights:
- But the the numbers are surplus here.
- I'm about $4 surplus would be gone. I'm about $4 million<00:52:30.559>
short. - They assumed $300,000 on the surplus statement for the sale of that.
- They assumed $300,000 on the surplus statement for the sale of that.
- surplus statement for the sale of that. surplus statement for the sale of that.