Video & Transcript : 'Imagination Library' :

Page 434 of 500
CA
Transcript Highlights:
  • investment for high-road business ownership opportunities for immigrant workers and invites us to imagine
  • investment for high road business ownership opportunities for immigrant workers and invites us to imagine
Summary: The subcommittee heard an informational update from the Governor’s Office of Business and Economic Development on the state’s Jobs First economic development strategy and related budget requests. Go-Biz described its regional planning process, priority sectors such as ag-tech, space defense, life sciences, and semiconductors, and requests including an extension of the CalCompetes tax credit, support for export promotion, additional film commission staff, innovation and emerging technology capacity, and a California brand campaign. Members questioned the campaign’s purpose, with some supporting efforts to counter misinformation about California and others warning it should not obscure regulatory and business-climate concerns. Go-Biz said the campaign would be nationally focused, could include business attraction efforts, and was intended to complement—not replace—policy work on permitting and workforce development. The item was informational only. The committee then heard from the California Office of the Small Business Advocate on the California RISE program, the Performing Arts Equitable Payroll Fund, and the Technical Assistance Program/Capital Infusion Program. CalOSBA reported that California RISE’s first round awarded $16.9 million to 61 employment social enterprises, which collectively increased revenue, secured contracts, and employed thousands of people facing barriers to work; a second round is being launched with a new administrator and expanded services. For the performing arts payroll fund, the office said all 100 awardees had been paid, but demand far exceeded available funding, and the program was oversubscribed within days. California for the Arts testified that the sector remains fragile after COVID and urged statutory changes to simplify eligibility and stretch dollars further. SBDC representatives described TAP/SIP as a statewide network supporting small businesses, capital access, and disaster recovery, emphasizing their role in underserved communities and the leverage of federal matching funds. Committee members focused on whether these programs produce durable outcomes and reach smaller or disadvantaged businesses. Questions centered on long-term job retention in California RISE, outreach to ethnic and community media in the civic media program, and whether TAP/SIP are accessible to entrepreneurs with limited capital or capacity. CalOSBA and its partners said they rely heavily on local community organizations for outreach, provide one-on-one counseling and training, and are working to collect more longitudinal data. The committee also discussed the film and television tax credit program, for which Go-Biz requested funding for three permanent positions and ongoing program support. Film Commission staff said the expanded program is tracking demographic and career-pathway data, with most productions opting into new diversity provisions, and that a formal report to the Legislature is expected in 2027. The item concluded without a vote, as the hearing was for oversight and budget discussion.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 16th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Imagine not being able to have a meeting with your university president, and your university president
  • And I would imagine that those folks at OU, when they were tasked with having to deal with that, they
Summary: The Senate opened with roll call, prayer, and several gallery introductions recognizing guests and honorees, including the Medford Cardinals football team for their academic and athletic success, Guthrie Day, the Oscar J. Upham post office designation, the OKC Spark professional softball team, the Elks organization, and the YMCA’s 175th anniversary. Senators also welcomed a new intern and acknowledged Senator Carl McDowell’s return to the chamber. Most of the early floor time was devoted to ceremonial citations and concurrent resolutions, all of which were adopted without recorded opposition. The chamber then moved through a series of Joint Committee Reports and third-reading votes on appropriations and related measures. HB 4031 reauthorized $41 million for previously approved ODAA projects and passed 36-8, declared an emergency. HB 4032 redirected industry fees to the Department of Mines and passed 34-11, emergency. HB 4034 appropriated $142,137 for salary increases for certified shorthand reporters and passed 45-0, emergency. HB 4036 transferred $5 million from the Film and Oklahoma revolving fund to a new sitcom-related revolving fund and passed 30-15. HB 4037 raised the Ethics Commission Fund retention cap from $150,000 to $250,000 and passed 45-0, emergency. Several transportation, health, and public safety measures also advanced. HB 4038 moved $5 million for the eight-year road plan and additional project funding, passing 28-17 and then as an emergency measure after vote changes. HB 4040 set up cash-flow funds for the State Department of Health’s $223 million federal award and passed 45-0, emergency. HB 4041 appropriated $2.25 million to the Attorney General, including $2 million for a trafficking victim pilot program and $250,000 for a public safety technology fund, and passed as an emergency. HB 4042 appropriated $500,000 for the Commerce census revolving fund and passed 35-9. HB 4043 transferred $1 million to Emergency Management for Oklahoma Task Force 1 and passed 44-0, emergency. The most extended debate centered on HB 4045 and HB 4046, which expanded and funded the Military Readiness, Innovation, Education, and Aviation program. Supporters said the measures would help military bases, schools, infrastructure, simulation training, and defense-related economic development; critics questioned the broad language, lack of detail, and whether the projects fit a broader strategy. HB 4045 passed 37-7 and HB 4046 passed 39-7, both as emergency measures. HB 4047 funded Commerce projects including housing for aged-out foster youth, the State Fair, a university upgrade, and a COG-related economic development request; it passed 30-16 and then 40-6 as an emergency. HB 4048 appropriated $13 million for transportation infrastructure, drew criticism for bypassing the eight-year plan, and passed 36-10 before being declared an emergency. Finally, HB 4030, the Education Budget Limits Bill, was explained in detail, including $43.75 million for the Strong Readers formula, $5 million for literacy coaches, and $5 million for a charter school revolving loan fund; after questions about bonds, charter schools, and the revolving fund, it passed 39-5 and was declared an emergency measure.
CA
Transcript Highlights:
  • investment for high-road business ownership opportunities for immigrant workers and invites us to imagine
  • investment for high road business ownership opportunities for immigrant workers and invites us to imagine
Summary: The subcommittee heard an overview from Go-Biz Director D.D. Myers on the administration’s economic development strategy, centered on the California Jobs First framework. Myers described regional planning across 13 regions, the Jobs First Council, and pilot sectors including ag-tech, space and defense, life sciences, and semiconductors. She also outlined budget requests for CalCompetes, CalExport, the California Film Commission, innovation/emerging technologies, and the California Civic Media Fund, along with the new California brand campaign. Committee members raised questions about misinformation about California, regulatory burdens, tourism versus broader economic messaging, and how the brand campaign would highlight underrepresented communities. No vote was taken; the item was informational. The committee then reviewed CalOSBA’s work on small business support, including California RISE, the Performing Arts Equitable Payroll Fund, and TAP/SIP technical assistance and capital infusion programs. CalOSBA reported that California RISE’s first cohort awarded $16.9 million to 61 employment social enterprises, with growth in revenue, contracts, and jobs; the performing arts payroll fund paid all 100 recipients but was heavily oversubscribed; and TAP supported more than 112,000 businesses in the past year, helping leverage federal and local funds. Testimony from program partners emphasized the importance of small business counseling, community-based outreach, and support for arts organizations facing post-pandemic and AB 5-related cost pressures. Senators pressed for more data on long-term job retention, better outreach to smaller and ethnic media, and possible program changes to speed grants and stretch funding further. Finally, the committee heard Go-Biz’s request for additional staff and funding for the California Film and Television Tax Credit Program. Staff said the request would support application review, DEIA implementation, and data tracking. The Film Commission reported that about 147 productions had been approved and roughly 90% were opting into the new diversity provisions, with career pathways reporting to include demographic and participation data and a future report expected in 2027. Senators asked about accountability, apprenticeship and internship hours, and whether the program was producing real career pathways and inclusive hiring outcomes. The item remained informational, with no vote or action taken during the hearing.
CA
Transcript Highlights:
  • But I would imagine once you've investigated it, you have some idea whether it has validity or not.
  • secured within the system so we don't have to spend as much money on the outside because I can't imagine
Keywords: 987, senate, all
LA

Louisiana 2026 Regular Session

Education Apr 8th, 2026

Education

Transcript Highlights:
  • I just know that there are different financial structures for each system, because it's like, imagine
  • Imagine sending your child somewhere every day, trusting that they'll be safe, that they'll be valued
Committee: House Education
Summary: The committee first heard HB 690 by Rep. Amedee, which would prohibit education agencies and vendors from contracting with foreign adversaries, foreign terrorist organizations, or their agents, and would apply to education service providers, vendors of educational products, and some schools. Supporters argued the bill would protect school tax dollars and prevent foreign influence, especially from the Chinese Communist Party, citing similar actions in Florida and Texas. Some members raised questions about due process, how ineligibility would be determined, and whether payments would stop before appeals were resolved. A technical amendment changing “terrorists” to “terrorist” was adopted, and HB 690 was reported as amended without objection. The committee then took up HB 1078 by Rep. Freiberg, which would allow higher education institutions to offer standalone online courses, not just online programs tied to a degree, and to offer online programs even when there is no equivalent on-campus program. LSU officials said the bill would give flexibility for professional and workforce-related courses and certificates. Members asked about tuition-setting, prerequisites, and whether non-degree students could enroll. The bill was reported favorably without objection. HB 113 by Rep. Phelps, which sought retroactive application of the uniform 10-point grading scale to students who were ninth graders in 2023-2024, drew significant concern. Members questioned fairness, inconsistency if only some districts could recalculate grades, and the fiscal impact of retroactivity. Phelps said he had intended to capture that cohort and was willing to work with the Department of Education, but after debate the committee voted 2-9 against reporting the bill, so the motion failed. The committee also heard HB 632 by Rep. Spell on LA FIRST data sharing. The bill would streamline how student data is shared for the state’s longitudinal data system, and amendments were adopted to remove a five-year look-back and clarify data matching and de-identification. Members debated privacy, opt-out rights, and whether the bill should require or merely allow districts to participate; concerns were raised about sharing personally identifying information and the lack of clear opt-out protections. Rep. Carlson offered an amendment to change “shall” to “may,” but later withdrew it so the bill could be deferred for further discussion. Finally, HB 1132 by Rep. Carver, carried by Rep. Carlson, was introduced to expand lab school authorization within the University of Louisiana system; an amendment was offered to limit the change to new schools established after August 1, and discussion began on that amendment as the transcript ended.
MS

Mississippi 2026 Regular Session

MS Senate Floor - 1 April, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • under your plan, have their suffrage restored without having to go through this process, because I imagine—and
  • worked on a lot of bills this year and I appreciate it—but I this year and I appreciate it, but I imagine
ID

Idaho 2026 Regular Session

Legislative Session Day 74 Mar 26th, 2026

Idaho Senate Floor Meeting

Transcript Highlights:
  • And so you can imagine if you have hundreds of people coming... ...and sometimes even make you sign in
  • And so you can imagine if you have hundreds of people coming to vote and each time buzzing those folks
Summary: The Senate met with a quorum present, opened with prayer and the Pledge, approved the prior journal, and then moved through committee reports, gubernatorial and House messages, and bill introductions. Several measures were referred to committees or held for later action, including new Senate bills on taxation, immigration-related enforcement, and refugee/illegal alien accountability, which were sent to Judiciary and Rules for printing. The Senate also received and processed numerous enrolled bills and committee reports on education, finance, resources, health and welfare, and state affairs. On the floor, the Senate considered and passed a series of bills. Among the measures approved were Senate Bill 1410 on Medicaid state plan amendments for federally qualified health centers and rural health centers; Senate Bill 1426 appropriating additional funds to the Idaho Transportation Department; Senate Bill 1427 funding the Department of Lands; House Bill 797 requiring fire protection sub-district appointees or electors to live in the district; House Bill 843 changing the homestead exemption so the full exemption applies once a complete application is approved rather than prorating it; House Bill 711 creating an alternative administrator authorization pathway for principals and superintendents; House Bill 832 revising CTE industry-professional qualification rules; House Bill 795 cleaning up definitions for obscene material and lewd matter; and House Bill 817 updating tobacco retailer permitting rules for cigar-related businesses while keeping age restrictions in place. The Senate also passed House Bill 831 on school polling places, House Bill 872 allowing constitutional amendments and initiatives to be printed within available ballot space, House Bill 893 making codifier’s corrections, House Bill 650 codifying a Tenth Amendment-based presumption favoring state authority, House Bill 674 streamlining telecom service discontinuance review by removing a duplicative state process, and House Bill 810 adding a 120-day fixed-habitation requirement for legislative candidates, though that bill drew constitutional objections. Most of these measures passed on roll calls, some by unanimous consent to reuse prior vote counts, and titles were approved before transmission back to the House or onward to the Governor as appropriate. The session also included a page graduation presentation and several brief recesses and announcements.
CA
Transcript Highlights:
  • With estimates of it burning for 20 years, I don't imagine that in the next year—although, oh my goodness
  • So the $220,000 is there for when the committee identifies its own needs, and we imagine they will.
Keywords: 988, house, all
MN

Minnesota 2025-2026 Regular Session

State official protective services 3/2/26

Minnesota House Floor Meeting

Transcript Highlights:
  • I imagine it's not going to make it. That'll be okay, Mr.
  • I imagine it's not going to make it. That'll be okay, Mr.
Keywords: 1183, house
FL

Florida 2026 Regular Session

Rules Feb 24th, 2026

Rules

Transcript Highlights:
  • I would imagine perhaps indeterminate, but in a positive way.
  • So imagine a teacher in the classroom trying to figure that out for quite a few kids.
Committee: Senate Rules
Keywords: 999, senate, all
AZ

Arizona 2026 Regular Session

02/19/2026 - House Government

Government

Transcript Highlights:
  • to possible corruption and abuse in their foster homes that my parent clients can't possibly even imagine
  • In family court, that would never even be imaginable, but we have caseworkers who are 26, 27 years old
Committee: House Government
Keywords: 1182, all
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Twenty One - Monday, February 16

Missouri House Floor Meeting

Transcript Highlights:
  • What concerns me is that imagine we've, What concerns me is that imagine you're on a school campus and
Summary: The House convened with prayer and the Pledge of Allegiance, then approved the House Journal by roll call vote, 115-6. Members then used points of personal privilege to honor Redd Foxx for Black History Month and to remember former Mayor Frank Klipsch, followed by the introduction of a first-grade special guest page for the day. The chamber also received first readings of three bills on mental health efforts in public schools, public labor organizations, and state contracts with certain telecommunications companies, along with committee reports recommending passage of several bills. The House then debated and passed several measures. A large vehicle-inspection bill, House Committee Substitute for House Bills 1838, 1692, 1695, 1983, 2036, 2662, and 2743, drew extended debate over whether inspections improve safety or impose unnecessary costs; it passed 104-43. House Bill 1917, a Jefferson County water district bill aimed at removing a local obstacle to a long-planned development, passed 148-2. House Bill 261, as amended, was approved 109-21 to require Missouri schools and universities to adopt nondiscriminatory policies protecting Jewish students from antisemitic harassment, using the IHRA definition as a guide while stating it would not limit First Amendment rights. Members also passed House Committee Substitute for House Bill 2384, 92-61, which would limit local energy-code mandates and reduce housing construction costs, despite objections that it would preempt local control and roll back newer codes. The chamber then moved into perfection and took up House Committee Substitute for House Bill 2989, a major gaming-regulation bill intended to legalize and regulate video lottery terminals and crack down on illegal machines. Multiple amendments were adopted, including a $250-per-terminal fee dedicated to developmental disability services, local opt-out and operating-hour provisions, a shorter grace period for existing machines, property-tax language, a 21-and-over restricted area requirement, a larger warning label, and a historical funding provision for the steamboat Arabia. Debate continued on the bill and its amendments, with supporters emphasizing regulation, local control, and new revenue, and opponents warning about gambling expansion, enforcement problems, and social harms.
CA
Transcript Highlights:
  • And I can imagine all kinds of reasons for that: land being one of the big challenges, and environmental
  • I can't imagine what all that... ...that they're adding there.
Summary: The joint informational hearing of the Assembly Committees on Utilities and Energy and Privacy and Consumer Protection focused on the energy impacts of AI and the rapid growth of data centers in California. Chairs and members emphasized that the state wants to support innovation and data center development, but only under terms that protect ratepayers, preserve reliability, and avoid stranded grid costs. Testimony from Lawrence Livermore National Laboratory, the California Energy Commission, the CPUC, CAISO, PG&E, Silicon Valley Power, and the Data Center Coalition described the scale of projected load growth, the uncertainty in forecasting, and the need for coordinated planning across agencies. Dr. Nate Gleason of Lawrence Livermore said data centers are a major and fast-growing share of electricity demand, with planning challenges driven by short construction timelines for data centers versus long lead times for transmission and generation. He urged stochastic planning, co-optimization of generation, storage, and transmission, and greater use of flexible load and demand response. CEC Director Alicia Gutierrez described the CEC’s bottom-up forecasting approach, based on utility energization requests and load profiles, and said California has over 23,000 megawatts of data center capacity requests in the CAISO footprint. CPUC Deputy Executive Director Luan Tesfai outlined recent actions on energization timelines, flexible service connections, PG&E’s Rule 30 tariff, and the commission’s resource planning and transmission permitting work. CAISO’s Neil Miller stressed that large loads affect transmission planning, interconnection, and reliability standards, and said the agency is preparing additional stakeholder work on technical issues. Utility and industry witnesses said California is already seeing substantial data center interest and is building out infrastructure accordingly. PG&E’s Mike Medeiros said the utility has more than 10 gigawatts of data center interest in its territory, has shifted to cluster studies, and is using flexible interconnection tools such as FlexConnect to speed service while protecting reliability. Silicon Valley Power’s Nico Prokos said data centers account for about 55% of its power use and that the city is investing heavily in transmission and local system upgrades to support projected load growth. He also warned that AI loads may be more variable than traditional cloud loads and that backup generation and air quality constraints complicate curtailment strategies. The Data Center Coalition’s Karabonder argued that data centers are also driving efficiency gains and support critical digital services, while urging better forecasting methods, more transparency, and regular backcasting. Members asked about statutory authority, data availability, flexible load, and whether current forecasts are sufficient for long-lead infrastructure planning. Witnesses said California already has authority to pursue flexible service and rate design, and that the CEC and CPUC have access to utility data, though out-year demand remains highly uncertain. CPUC representatives noted an advanced rate design rulemaking and said the commission is opening additional work on ratepayer impacts. No votes were taken during the informational hearing, and the discussion ended with continued questions about how California should structure planning, pricing, and reliability rules as AI-related load grows.
NH

New Hampshire 2026 Regular Session

Senate Election Law and Municipal Affairs (01/27/2026)

Election Law and Municipal Affairs

Transcript Highlights:
  • So that's how we imagine it would work.
  • So that's how we imagine it would work.
Keywords: 1191, senate, all
AZ

Arizona 2026 Regular Session

01/27/2026 - House Education

Education

Transcript Highlights:
  • Is that what you're imagining here or what you're contemplating?
  • She said she could not imagine having this be a program as a first-grade teacher, when she is already
Committee: House Education
Keywords: 1182, all
AZ
Transcript Highlights:
  • And I cannot imagine that such a hit to the revenue that this state will not negatively impact that..
  • Mark Ashley: I imagine that such a hit to the revenue that this state will not negatively impact that
Keywords: 1182, all
Summary: The joint House Ways and Means and Senate Finance committees met to hear identical conformity bills, HB 2153 and SB 1106, which would align Arizona tax law with the federal Internal Revenue Code as of Jan. 1, 2026, including some retroactive provisions for tax year 2025. Staff explained that the bills would exclude three federal provisions: the higher federal SALT deduction, the new senior deduction as written in H.R. 1, and the deduction for interest on new car loans. They would instead include a $6,000 retirement-income deduction for taxpayers age 60 and older, a $6,000 Roth IRA contribution deduction, a higher dependent tax credit, and a deduction for child and dependent care expenses above the federal credit. JLBC estimated the package would reduce general fund income tax revenue by about $441.3 million in FY 2026. Members also discussed that the Department of Revenue’s forms had been issued assuming full conformity, and staff and supporters argued the bills were needed quickly to avoid confusion and amended returns during filing season. Committee members and sponsors largely framed the bills as tax relief and a way to provide certainty for taxpayers and preparers. Supporters said the package would help families, seniors, and workers, and noted that the Arizona version was negotiated to keep the overall tax relief roughly comparable to full conformity while shifting benefits away from the SALT deduction and toward child credits, retirement income, and child care. The sponsors also criticized the governor’s executive action and urged prompt passage so taxpayers would know how to file. Opponents argued the bills would reduce state revenue, worsen the budget outlook, and disproportionately benefit higher-income taxpayers and corporations. Several witnesses and members also raised concerns about the child care deduction, the retirement-income deduction, and the business expensing provisions, while supporters responded that the bill was designed to help working families and encourage saving and investment. Public testimony was mixed. The Arizona Society of Certified Public Accountants and the Arizona Free Enterprise Club supported the bills, emphasizing early conformity, filing certainty, and reduced confusion for taxpayers and software providers. Opponents included Save Our Schools Arizona, the Arizona Center for Economic Progress, Opportunity Arizona, and several individuals, who argued the package would deepen budget problems and favor the wealthy. One witness objected to a federal school-choice-related provision she said was being tied to the bill, though committee members said the measure before them was a tax conformity bill and not a school finance bill. The hearing included extended debate over the fiscal impact, the governor’s prior requests for some of the same tax changes, and whether taxpayers would need to file amended returns if the legislature later changed course. The transcript ends during testimony from NFIB, with no final committee vote or action shown in the excerpt.
AZ
Transcript Highlights:
  • And I cannot imagine that such a hit to the revenue that this state will not negatively impact that..
  • I imagine that such a hit to the revenue that this state will not negatively impact that program and
Summary: The joint House Ways and Means and Senate Finance committees met to hear identical Arizona tax conformity bills, HB 2153 and SB 1106, which would conform state tax law to the federal Internal Revenue Code as of Jan. 1, 2026, with some provisions applied retroactively to tax year 2025. Staff explained that the bills exclude the federal senior deduction for those 65 and older, the higher state and local tax deduction, and the new car loan interest deduction, while including a $6,000 retirement-income deduction for taxpayers 60 and older, a $6,000 Roth IRA contribution deduction, a higher dependent tax credit, and a deduction for child and dependent care expenses above the federal credit. The JLBC fiscal note estimated a $441.3 million general fund revenue loss in FY 2026, and members discussed that this was roughly the same as full conformity because the bill’s adjustments offset some of the federal changes. Bill sponsors and supporters argued the measure should be enacted early to give taxpayers and tax preparers certainty before filing season, noting that the Department of Revenue had already issued forms assuming conformity and that delay could force amended returns. They said the bill reflects a negotiated package that preserves most of the federal tax relief while tailoring it for Arizona, especially by lowering the senior deduction age to 60 and replacing the auto loan deduction with family-focused provisions such as the higher child credit and child care deduction. The Arizona Society of CPAs and the Arizona Free Enterprise Club supported the bills, emphasizing the need for early conformity and fewer filing complications. Opponents, including Save Our Schools Arizona, the Arizona Center for Economic Progress, Opportunity Arizona, and several individuals, argued the package would reduce state revenue, worsen the structural deficit, and mainly benefit higher-income taxpayers and corporations. Some witnesses criticized the inclusion of federal school-choice-related provisions and warned about uncertainty around future federal guidance, while others said the bill should not move ahead before the budget process. Members also debated whether taxpayers would need to file amended returns if the state later diverged from the Department of Revenue forms, and whether the senior and child care provisions were targeted or equitable. The transcript ends during public testimony, with no final committee vote or action shown.
ID

Idaho 2026 Regular Session

Agenda Jan 14th, 2026

Transcript Highlights:
  • And now imagine projecting 18-plus months ahead. So I have a little exercise for everyone.
  • And just as a demonstration, imagine you had to project out the next two fiscal years of income tax collections
Summary: The committee was convened to review Idaho’s economic outlook and general fund revenue projections, with members instructed to complete and submit individual “homework” revenue projections for fiscal years 2026, 2027, and 2028 by noon the next day. Chairmen explained the binder materials, the committee’s constitutional charge, and the plan to compile member projections into an average and median for deliberation and a recommendation to JFAC. They also noted the meeting was being broadcast publicly and thanked staff and presenters. Keith Bybee of Legislative Services Office outlined the state’s general fund budget picture, emphasizing structural imbalance between revenues and expenditures, the impact of statutory spending growth, and the need to decide whether to address the gap through spending cuts, cash balances, or other policy changes. He highlighted major budget drivers such as Medicaid expansion, public defender costs, IT consolidation, public school funding changes, and water resources spending, and discussed available cash reserves, including the budget stabilization fund. Committee members asked about Medicaid’s net cost, the treatment of the $330 million school funding adjustment, the Millennium Fund, and whether rainy-day funds or interest earnings were being used in the governor’s budget. Aaron Phipps of the Division of Financial Management presented the executive revenue forecast and explained changes in reporting for sales tax and the tax relief fund, including how certain transfers would now be treated as accrued general fund revenue. She described a sharp but likely temporary drop in corporate income tax collections tied to federal tax changes and taxpayer behavior, especially the One Big Beautiful Bill Act and the SALT workaround, and said the overall income tax forecast remained relatively steady. Robert Spindlove of Zions Bank described national conditions, including lower Fed rates, a re-steepening yield curve, higher tariffs, mixed inflation signals, slowing but not contracting labor markets, and continued consumer spending, and said 2026 looked like a rebuilding year. Sam Wilkenhauer of the Idaho Department of Labor reported that Idaho’s labor market remained strong, with low unemployment, steady job growth, balanced industry expansion, and wage growth moderating from the overheated post-pandemic period; he forecast continued but more sustainable growth over the next two years.
TX
Transcript Highlights:
  • Imagining that Sir just to confirm it was your question whether or not the $100 million at Copaig was
  • I would imagine they're in the design phase.
Keywords: 1184, house, all
NM

New Mexico 2026 Regular Session

IC - Legislative Finance Dec 8th, 2025

Transcript Highlights:
  • And we'll look for every time we see the balloon, we will imagine our Mr. Roper ahead of them.
  • So as you can imagine, we're starting to see an increase in those cases, and we're needing staff to go
Summary: The committee first recognized Mark Roper of the Economic Development Department for his long service and retirement, with members and the secretary praising his work on economic development across the state. Secretary Rob Black then presented EDD’s budget and special appropriation requests, describing strong recent job and income growth and outlining the department’s strategy around science and technology, site readiness, workforce development, foreign direct investment, and rural/community programs. He highlighted wins in advanced energy, quantum, space and defense, and biosciences, and asked for funding for quantum/DARPA matching funds, additional site readiness work, LIDA closing funds, JTIP training support, New Mexico Partnership, and healthy foods and other community programs. Members asked detailed questions about the quantum proposal, site readiness, the new mapping tool for industrial sites, workforce participation, trade missions, foreign investment, tariffs, water and produced water, tribal site evaluation, and public engagement on major projects. Black said the quantum request was intended to match federal dollars and build a workforce pipeline, that the site-readiness software would be a set enterprise license, and that the department was working with tribes and local partners on future site evaluations. He also said tariffs have created uncertainty but New Mexico’s infrastructure and foreign trade zones could help attract manufacturing, and he acknowledged concerns about transparency and community input while noting that some projects, such as Pacific Fusion, had gone through extensive public processes. The committee also discussed specific projects and funding balances, including Mantis Space’s move to Albuquerque, the status of Virgin Galactic’s spaceport lease, and the current LIDA fund balance and encumbrances. Black and Deputy Secretary Isaac Romero said the department was trying to use State Investment Council-backed venture funds to attract companies and that the new investments were already producing deals and jobs. Members generally supported the department’s direction but pressed for more targeted expertise, faster deployment, and stronger community involvement in future economic development decisions. Later, Secretary de Blassie of the Department of Health presented the department’s budget request and progress report. He said DOH had improved revenue cycle management, reduced old Medicaid-pending cases, increased census at facilities, improved budget and contract timeliness, and responded effectively to the measles outbreak. The department requested additional base funding for epidemiology and response, the DOH helpline, the Vital Records Virtual Vault, state labs, and the veterans home, along with special requests for respiratory vaccinations and marketing and lab equipment replacement. He also noted progress on MOUD and the medical psilocybin program, and said the department was not seeking to launch new programs given the limited time left in the administration.