Transcript Highlights:

• GGRF revenues vary quite a bit.
• Most of those revenues have been... The revenues have historically been allocated by statute.
• Today's focus is on the permit revenue, GGRF.
• Revenue source. Right.
• There's two bases: it's the farebox revenue, or the revenue generated by the transit agency, as well

Summary: The Budget Subcommittee No. 4 hearing focused on the Greenhouse Gas Reduction Fund (GGRF) and cap-and-trade reauthorization, with members and panelists discussing how to balance climate goals, affordability, and legislative oversight. The chair emphasized the hearing as a broad review of past GGRF spending and future options, while the LAO outlined how GGRF revenues are generated, how variable they have been, and the tradeoffs between continuous appropriations and annual budget control. Two academic panelists, Dr. Kyle Meng and Danny Cullen Ward, argued that cap-and-trade remains an effective climate policy, but stressed that future revenue will depend heavily on market design, allowance allocation, and price levels. They also raised the idea that GGRF could be used more directly for affordability, especially by lowering electricity costs, and for targeted investments in technologies that the market would not otherwise support. Committee members pressed the panelists on where revenues come from, how much has actually been spent, and whether continuous appropriations reduce oversight. CARB staff said more than $33 billion has been generated to date and a little over $11–12 billion has been spent, with the rest committed or in process, and noted that project timelines can be lengthy. Members also asked about ways to lower electricity rates, reduce wildfire-related utility liabilities, and support electrification. The panelists said transportation fuels are the largest source of GGRF revenue, that industrial emitters receive a smaller share of free allowances, and that reducing wildfire liability and investing in grid-scale batteries could help lower costs and speed decarbonization. Public commenters largely urged the Legislature to preserve or expand continuous appropriations for specific climate programs. Speakers supported funding for nature-based solutions, natural and working lands, urban greening, agricultural climate solutions, waste and composting programs, clean transportation, AB 617 community air protection, clean cars, transit, affordable housing near transit, and dairy digesters. Several groups argued these programs are cost-effective, provide public health and affordability benefits, and should receive dedicated shares of GGRF. Others urged reducing free allowances and using more GGRF revenue to directly lower energy costs for households. No votes were taken during the hearing.

Transcript Highlights:

• All of the funding for this agency comes from general revenue.
• It's in statute that we have to have a revenue-sharing agreement.
• dedicated and $21.3 million in general revenue.
• Your commitment to ensuring the financial status— Thank you.
• Your commitment to CPRIT is more than an investment in research.

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.

Transcript Highlights:

• The department will issue revenue bonds, and they will begin to repay those revenue bonds.
• And the revenue source is?
• The revenues are committed to sustaining transit operations and delivering two major BART capital projects
• The revenues are committed to sustaining transit operations and delivering two major BART capital projects
• commitments.

Summary: The hearing opened with budget framing from the chair and the LAO, who said the May Revision addresses roughly a $14 billion budget problem and that the environment and transportation subcommittee’s proposals account for about $1.9 billion of the solution. The LAO urged members to focus on solutions that do not worsen out-year deficits, to preserve reserves, and to defer major policy changes that are not necessary to pass the budget, including the newly introduced water-related trailer bills. Members also raised concern about a late-dropped Olympic-related trailer bill, which the LAO likewise suggested should be deferred for fuller review. The first major item was the Delta Conveyance Project and related water quality control plan trailer bills. The administration argued the proposals would streamline permitting, water rights proceedings, judicial review, and land acquisition, and would clarify DWR’s bond authority for the project. DWR said the project is needed to protect water supply reliability against drought, earthquakes, sea level rise, and other climate-related disruptions, and that the tunnel would help move water when conditions are wet and safer for the environment. Committee members from both parties questioned the timing, the use of budget trailer bills for major policy changes, the scope of the CEQA and water-rights changes, the lack of a bond cap, cost growth, and eminent domain protections. The LAO recommended deferring both water trailer bills without prejudice. Public comment was sharply divided, with labor, water agencies, and some business groups supporting the project as climate adaptation and reliability infrastructure, while environmental, tribal, fishing, county, and community groups opposed it as an attempt to bypass public process and weaken protections. The committee then briefly heard the DMV’s Digital Experience Platform fee trailer bill, which would reinstate a $1 system improvement fee to help fund the vehicle-registration phase of the project. DMV said the fee would raise about $7 million annually and offset roughly $59 million to $60 million of project costs, while the LAO noted it would help but would not solve the Motor Vehicle Account’s broader structural gap. The hearing then moved to California High-Speed Rail, where the new CEO presented an updated plan and said the project remains a major climate and infrastructure investment. He reported a revised Merced-to-Bakersfield cost range of $34.9 billion to $38.5 billion, said the agency is trying to reduce risk through direct procurement of materials, and argued that stable annual funding is needed to avoid higher costs from delays.

Transcript Highlights:

• How can we change the mindset when it comes to commitment time commitment from these individuals.
• Tax revenues from the facility operations would lead to a significant loss of revenue for the counties
• And so this is not just about individuals who have committed crimes.
• I think we've found ways to, ensure that communities that lose revenue get revenue. This is human.
• They're using these guns to commit violence.

Transcript Highlights:

• They made the commitment, and it has worked for most counties, I don't know. ...did that.
• And this was a commitment made by the state.
• And so I said, recognizing that VLF revenues represent an important source of general purpose revenues
• governments for lost revenues.
• San Mateo doesn't earn this because San Mateo generates so much of our income tax revenue.

Keywords: 987, senate, all

Summary: The subcommittee heard a budget item on vehicle license fee backfill funding, where the Department of Finance said the administration was not proposing the requested $119 million for San Mateo County, Alpine, and Mono, arguing the payment is discretionary and that existing excess ERAF formulas should remain unchanged. Senator Becker and former Senator Jackie Speier testified that the money is owed under the VLF swap arrangement and that San Mateo County faces major service cuts without the backfill; Senator Cabaldon raised broader policy questions about county boundaries and the structure of the formula. The chair held the item open after public comment. The committee then reviewed Secretary of State budget proposals. The department requested funding for SB 851 implementation, including additional duties related to election litigation notice, voting system standards, and vendor reporting, with $1.1 million General Fund in 2026-27 and $807,000 ongoing for four positions and software. Members asked about election security, federal HAVA funding, staffing, and implementation timing; the department said current federal funds are expected to run out in 2027-28 and that it hopes to hire quickly once funded. The item was held open. The Secretary of State also presented the Cal Access Replacement System (CARS), seeking $11.8 million General Fund to finish the project and begin operations, and the notary automation replacement project, seeking $9.795 million in Business Fees Fund for continued development of the outdated notary system. Members focused on project delays, stakeholder input, and whether the funding requests matched prior plans; the department said both projects were still on their original funding tracks but had shifted timelines due to planning needs and election-related workload. Both items were held open. CalVet presented its department overview and then discussed the new 240-bed skilled nursing facility at Yountville, which is nearing completion and will replace the aging Holderman Hospital building. Members asked about the future of Holderman, other campus capital projects, and a payroll/fringe-benefit issue affecting some employees; CalVet said Holderman will continue to house some functions, the roofing and steam projects remain in progress, and the tax issue has been addressed with new procedures and repayment arrangements. The committee also discussed eliminating vacant positions under Control Section 4.12, with CalVet saying the positions were long-vacant CNA and related jobs and the LAO noting the Legislature had not concurred; Senator Cabaldon said he had no objection, and the item was held open. Finally, the California Arts Council gave an overview of its work and its cultural districts program, describing grants and technical assistance in all 58 counties and citing examples of local impact. Senator Smallwood-Cuevas strongly supported additional funding, including a proposed $50 million General Fund investment and a $10 million carve-out for cultural districts, arguing the program supports economic development, preservation, and community identity; council staff said the program is currently unfunded and has only been able to designate a fraction of applicants. Senator Cabaldon noted that many parts of the state still lack cultural districts and urged broader geographic representation. The item was informational and no vote was taken.

Transcript Highlights:

• However, these fair share revenues are limited, so we must be However, these fair share revenues are
• Surtax revenue.
• House 1 reflects this commitment.
• And so if you generate more revenue, can you spend more revenue?
• If you generate more revenue, can you spend more revenue? The answer to that question is yes.

Keywords: 995, all

Summary: The hearing focused on House Bill 55, the governor’s FY25 supplemental budget proposal to spend about $1.3 billion in surplus Fair Share revenue. House and Senate chairs framed the bill as a one-time opportunity to invest fairly in education and transportation, while also noting the need to protect the state’s long-term fiscal balance. Administration officials said the proposal should be considered alongside the FY26 budget and related bills, since the governor’s broader Fair Share plan aims for roughly an even split between education and transportation over time. Secretary of Administration and Finance Matthew Gorzkowicz, Transportation Secretary Monica Tibbits-Nutt, and Education Secretary Patrick Tutwiler outlined the administration’s priorities. Transportation funding would go mainly to the MBTA and related reserves, including money for the Federal Transit Administration reserve, MBTA stabilization reserve, low-income fares, winter resilience, RTA workforce support, MassDOT workforce and project delivery, and micro-transit grants. Education funding would support universal preschool expansion, early education and care capacity, early literacy tutoring, adult basic education and ESOL, early college and career technical education, MyCAP expansion, and special education circuit breaker funding. The administration emphasized that many of these investments are one-time or multi-year measures designed to address current needs without creating unsustainable recurring costs. Committee members raised concerns about regional equity, especially the large share of transportation money going to the MBTA versus regional transit authorities and rural areas. Several members asked for more detail on how the proposal would benefit Western Massachusetts and other non-MBTA regions, and whether micro-transit and Chapter 90-related investments would be sufficient. Education questions focused on special education reimbursement shortfalls, federal funding cuts to school districts, and how CTE and vocational investments would align students with workforce needs. The administration said it would provide additional data on MBTA versus RTA investment and explained that the special education circuit breaker and transportation reimbursement changes were intended to improve predictability and relief for districts. After the administration panel, Jessica Tang of AFT Massachusetts testified in support of using Fair Share funds to protect public education amid federal uncertainty and cuts. She argued that schools are facing a fiscal cliff, that vulnerable students would be hit hardest by funding losses, and that the Fair Share revenue should be used to preserve services and support students’ needs.

Transcript Highlights:

• revenue collections to date.
• Again, it is unprecedented times when the consensus revenue agreement was reached in general.
• He continued that this has resulted in less-than-anticipated state tax revenue.
• but the consensus revenue number has not been reduced.
• revenue number has not been reduced.

Keywords: 995, all

Summary: The Senate first took up and passed several House bills establishing sick leave banks, including House 4182 for a Massachusetts Department of Transportation employee and House 1590 for Eric J. Awaniak. It also advanced and then enacted House 4237, a fiscal year 2026 appropriations bill providing interim funding before final action on the general appropriations act. During the session, Senator Collins also recognized Chaplain Clementina Cherry of the Lewis D. Brown Peace Institute as a distinguished guest, with remarks entered into the record. The main business was the conference committee report on the fiscal year 2026 state budget, House 4001/House 4240. Senate Ways and Means leadership described the budget as balanced, on time, and fiscally responsible, with $61.01 billion in spending, no new taxes or fees, and a $33 million deposit to the stabilization fund. They highlighted major investments in Chapter 70 school aid, special education circuit breaker reimbursements, unrestricted local aid, MassEducate, universal free school meals, MBTA and regional transit funding, MassHealth, food security, and mental health services. The report also included policy items such as broker fee responsibility, fare-free regional transit, housing studies, a gold star family annuity provision, and a crumbling concrete commission. Minority leader Senator Tarr and others questioned the spending reductions, use of one-time funds, and the treatment of excess capital gains, arguing for greater fiscal caution and concern about future federal actions and long-term spending growth. Supporters responded that the reductions reflected revenue uncertainty, federal policy risks, and the need to preserve budget stability, while using some one-time sources to balance the plan. The conference report was adopted by a roll call vote of 38-2, the emergency preamble for House 4240 was approved by standing vote, and the FY26 general appropriations bill was then enacted and sent to the Governor. The Senate also adopted an order to dispense with printing a calendar for the next session and adjourned until Thursday at 11 a.m.

Transcript Highlights:

• or knows that a crime is being committed.
• To be an accomplice, Or knows that a crime is being committed.
• It is not the person who has committed the That is where the injustice occurs.
• This is a corporate revenue tax, not a tax passed through to families.
• The revenue gap should be closed by making the corporations who profit from our market, The revenue gap

Summary: The Senate returned from recess and first handled routine calendar matters, laying several bills on the table or over in their order without objection. The chamber then took up Senate Bill 1400, which addresses sentencing for second-degree murder in response to the Pennsylvania Supreme Court’s Commonwealth v. Lee decision. Senator Street offered an amendment to replace mandatory life without parole with parole eligibility after 25 years and individualized review, but the Senate tabled the amendment by a 26-24 roll call. The bill then advanced to final passage after extended debate over whether it adequately met the court’s constitutional ruling and how it would affect victims, culpability, and retroactivity. It initially passed 31-19, then after reconsideration and a correction to one member’s vote, passed 30-20 and was sent to the House. The Senate next considered Senate Bill 1212, which tightens the handling of sexual assault evidence kits by removing discretionary language that had contributed to inconsistent testing practices. Supporters said it would improve statewide consistency, preserve a survivor’s right to decline testing, and help reduce the rape kit backlog. The bill passed unanimously, 50-0, and was sent to the House. The chamber then moved through additional calendar items, including re-referrals of several House bills to Appropriations and multiple bills being passed over. Later, the Senate took up House Bill 1667 on a supplemental calendar after suspending the rules. The bill became the vehicle for several amendments tied to affordability and tax policy. Senators adopted a back-to-school sales tax holiday amendment, a data-center tax exemption repeal amendment, and a school-choice-related amendment transferring EITC provisions and increasing scholarships by $25 million. Other proposed amendments, including a digital advertising tax and a combined reporting corporate tax reform, were tabled. After further debate on the bill’s impact on electric bills, data centers, and the state budget, House Bill 1667 was agreed to as amended and the Senate recessed.

Transcript Highlights:

• 20% of General Fund revenues.
• Record revenues. We do not have a revenue problem.
• Record revenues. We do not have a revenue problem.
• We do not have a revenue problem. The spending problem is real.
• When you think about our revenues, we are outpacing in revenues, but we're also outpacing in expenses

Keywords: 988, house, all

Transcript Highlights:

• There will be a financial commitment piece. Chairman: Is it refundable?
• So that was land that they did not have a revenue stream from, and now they have significant revenue
• But data centers haven't stopped at just the revenue piece.
• demonstrate the real commitment to the technology.
• It required planning, execution, and significant capital commitment.

Keywords: 1184, house, all

Transcript Highlights:

• They've committed a crime.
• Item B is the removal of revenue bonds and general revenue for capital complex phases one and two.
• All debt for all facilities, and if they have the attachment of the revenue coming, if it's revenue sharing
• I want to emphasize that our board's commitment to continuing commitment to going to market, which is
• Item four discusses the revenue related to private equity.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• revenue to 1.3%. revenue to 1.3%.
• spend uh um part of their revenue. spend uh um part of their revenue.
• compensatory revenue working group. compensatory revenue working group.
• <02:12:55.679> to<02:12:55.840> that<02:12:56.079> revenue that you are committed
• to that revenue that you are committed to that revenue to<02:12:56.639> our<02:12:56.880>

Keywords: 1187, senate, all

Transcript Highlights:

• That's a 20% decrease in income tax revenue, and you combine that with...
• A lot of our day job is working on the operating side of the budget, watching revenues come in.
• share revenue.
• And the fair share revenue, we're a few years in now, but it's been quite robust.
• registry, and you have recourse now to fair share revenue.

Keywords: 995, all

Summary: The committee heard testimony on House Bill 4987, the administration’s transportation bond bill centered on Chapter 90 roadway funding and related capital programs. Administration officials described the bill as a roughly $5.5 billion package that would continue $300 million per year for Chapter 90 over four years, with part of the funding distributed by the traditional formula and an additional $100 million based solely on road miles to better support rural and smaller communities. They also highlighted authorizations for municipal pavement work, Shared Streets and Spaces grants, accelerated bridge and pavement repairs, MBTA rail modernization and reliability, housing-related transportation improvements, and a new DCR-focused PRISM program for parkways and related infrastructure. Officials emphasized that the bill is financed through the Commonwealth Transportation Fund and Fair Share revenues, and said it would help municipalities plan more predictably, speed project delivery, and support housing, safety, and climate goals. Committee members and witnesses discussed the bill’s broader scope beyond traditional Chapter 90, especially the $200 million for transportation projects that support housing development and the $200 million for MBTA modernization and rail reliability. Members asked about the rationale for a four-year authorization amid fiscal uncertainty, federal funding volatility, and the status of commuter rail electrification. Administration officials responded that the capital authorization is backed by dedicated transportation revenues rather than the operating budget, and said multi-year certainty helps cities and towns make better long-term repair decisions. They also said the MBTA’s rail modernization funds would support locomotive procurements, including battery-electric and Tier 4 diesel locomotives, as part of a longer-term regional rail and electrification strategy. Municipal officials and regional advocates strongly supported the bill. The Massachusetts Municipal Association, along with town and city officials from Sherborn, Conway, and Yarmouth, said the increased Chapter 90 funding and road-mile-based distribution are especially important for small and rural communities with limited local revenue capacity, and that multi-year funding would let them bundle projects, bid at better prices, and address backlogs more proactively. A Better City and MAPC also supported the bill but urged the committee to treat it like a traditional bond bill by adding policy provisions and considering new transportation revenue tools, such as TNC fee changes, road pricing, parking taxes, and other mechanisms. The committee took no vote during the hearing and adjourned after testimony concluded.

Transcript Highlights:

• through which um there is lost revenue. through which um there is lost revenue.
• that that revenue would come from. Okay? that that revenue would come from. Okay?
• filings from the Department of Revenue. filings from the Department of Revenue.
• <01:28:48.640> possibly<01:28:49.080> committing are committing possibly committing
• and revenue and they are all different. and revenue and they are all different.

Keywords: 1183, house

Summary: The Workforce, Labor, and Economic Development Finance and Policy Committee met to discuss worker misclassification, beginning with approval of the March 4, 2026 minutes and a note that a late-posted bill would not be heard at this time. Chair Pinto opened the hearing by framing misclassification as timely and invited Lea Takapu of the Attorney General’s office to explain the issue. Takapu described misclassification as labeling workers as independent contractors when they are really employees, which can deprive workers of minimum wage, overtime, unemployment insurance, workers’ compensation, and other protections while also reducing tax revenue. She said the Attorney General’s office and the MEAP partnership have been working on the issue and cited estimates that Minnesota workers lose billions annually and the state loses hundreds of millions to over a billion dollars in revenue, while noting that legitimate independent contracting is not the target. Members questioned how the committee could rely on estimates when the exact number of misclassified workers is unknown. Takapu responded that the figures were based on studies and complaint data, and that underground or undocumented work makes exact counts difficult. Chair Pinto noted the numbers were estimates and referenced a 2024 Legislative Auditor finding that Minnesota lacked an adequate, coordinated approach to proper worker classification, while saying progress had been made since then. Several industry witnesses then testified in support of stronger enforcement. Kevin Pranis of LiUNA said misclassification remains rampant in parts of construction, especially drywall, stucco, thin stone, and broadband installation, and argued it is tax, unemployment insurance, and workers’ compensation fraud that harms law-abiding contractors and taxpayers. Matt Wollers of Braxton and Sons said his company loses bids to competitors that misclassify workers, creating a labor-cost advantage of 30% or more, and asked for meaningful enforcement rather than new legislation, including regular unannounced jobsite visits. Jesse Madison of Purple Tally Productions said misclassification is anti-competition and described examples from live events and entertainment, urging front-end checks on workers’ compensation, unemployment coverage, and W-2 versus 1099 status before work begins. The next testifier, Ben Ballou of the Minnesota Nurses Association, began his remarks as the transcript ended.

Transcript Highlights:

• And we've committed as a legislature to, to this task.
• Vega: committed to be served already.
• And now they have significant revenue coming in.
• They're about 40% of their operating revenue.
• But data centers haven't stopped at just the revenue piece.

Summary: The Committee on State Affairs convened to discuss data centers and their impact on Texas's energy infrastructure. The meeting featured testimony from key representatives of the Public Utility Commission (PUC) and ERCOT, who outlined the evolving landscape of energy generation and the challenges posed by the rapid growth of data centers. Notably, ERCOT reported over 450,000 MW of generation resources planned for connection, with a significant portion attributed to data centers, which now represent around 87% of new large load interconnection requests. The committee explored proposed changes to the interconnection process, including a new 'batch study' approach aimed at streamlining the approval of multiple projects simultaneously. This change is intended to address the challenges of managing numerous simultaneous requests and to provide more certainty for developers regarding their energy needs. Testimonies emphasized the importance of ensuring that the costs of infrastructure upgrades are borne by the data centers rather than residential ratepayers, with discussions around the financial commitments required from developers. Several data center developers also provided testimony, highlighting the economic benefits of their projects, including job creation and increased local revenues. They expressed concerns about the potential for a moratorium on future growth due to the new interconnection rules and emphasized the need for a collaborative approach to address water usage and environmental impacts. The committee plans to continue discussions on these topics in future hearings, with a focus on balancing economic growth with energy reliability and resource management.

Transcript Highlights:

• And we've committed as a legislature to, to this task.
• Vega: committed to be served already.
• And now they have significant revenue coming in.
• They're about 40% of their operating revenue.
• But data centers haven't stopped at just the revenue piece.

Transcript Highlights:

• The administration envisions us actualizing that commitment.
• commitment under previously adopted legislation.
• Revenue going down and less money for these tier 3 recipients that rely on it.
• And the commitment to continue to work on these issues and that they are.
• Then we have ERAF, the Educational Revenue Augmentation Fund.

Keywords: 988, house, all

Transcript Highlights:

• The next set of changes has to do with compensatory revenue.
• This task force will take a comprehensive look at compensatory revenue.
• A comprehensive look at compensatory revenue will be conducted.
• basic supplemental revenue aid.
• revenue.

Bills: HF1388

Keywords: BARR Center, Building Assets, Reducing Risks, education finance, school funding, grant appropriation, evidence-based program, student achievement, social and emotional learning, school climate, teacher effectiveness, high school graduation, students in poverty, students of color, BIPOC, equity in education, Minnesota Department of Education, urban schools, suburban schools, rural schools, school coaching

Transcript Highlights:

• going from zero dollars in new revenue to joining the Senate's call for over $5 billion in ongoing revenues
• We hit a recession, and we have declining revenues and a mismatch between revenues and expenditures,
• But to solve an increasing revenue challenge with increasing revenue even further just kind of doesn't
• In addressing what we feel is a shortage of revenue. We don't have a revenue shortage.
• So, distinct uses of the revenue.

Keywords: 987, senate, all

Transcript Highlights:

• Impacts the taxes or the tax revenue that we receive.
• What's driving the decrease in revenues?
• has decreased the revenues.
• Lastly, regarding expenditures versus revenues, if expenditures are outpacing revenues, is this anticipated
• But in terms of revenues, annual revenues come in at about, let's see, three hundred and thirty.

Keywords: 988, house, all