Video & Transcript Research : 'retirement offset'

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ND

North Dakota 2025-2026 Regular Session

Information Technology Committee Jul 8th, 2026

Transcript Highlights:
  • A lot of retirements coming up. Those items. We also have the exact same challenge on the IT side.
  • A lot of retirements coming up. We're losing a lot of institutional knowledge at this point.
  • We're now facing those retirements, competing priorities, and capacity challenges of our vendors, our
  • This just needs to be a priority, and I'm just trying to figure out: do you hire people that retire,
  • So it offsets our budget a little bit to help with some of our costs. Sure.
Summary: The committee approved the March 26 minutes and then received a quarterly update on major IT projects from NDIT. Staff reported the portfolio included 116 major projects totaling about $546 million, with the overall portfolio under budget but slightly behind schedule. They reviewed projects over the 20% variance threshold, including an Industrial Commission grants management system and DOT’s roadway pre-construction replacement, and then heard startup and closeout reports from HHS, OMB, DPI, and DOT. Several previously troubled projects were closed, including HHS bed management, vital records modernization, and DOT roadway capital planning; some projects finished under budget and ahead of schedule, while others were significantly behind schedule or over budget but were now closed or being remediated. The committee also reviewed NDIT’s annual report, including service-fund financials, peer-state rate comparisons, records management, and customer satisfaction efforts. Members asked about how service-fund revenue and grant administrative charges are accounted for, how chargebacks work, and whether NDIT tracks customer satisfaction scores. NDIT said it does track CSAT-type measures in some service areas and has survey data, but it is not planning another customer survey this summer. Members encouraged more regular reporting of customer satisfaction, service-level metrics, and performance data to help guide future improvements. A major portion of the meeting focused on the state’s mainframe modernization effort. NDIT said the overall effort is still targeting about 2030, with multiple HHS and DOT projects underway and a $15 million tech-debt appropriation already removing some components. Staff described the main obstacles as data cleanup, complex integrations, limited staff capacity, retirements, and vendor constraints, and said they are seeking a vendor with modernization support in the next contract cycle. Members pressed for clearer accountability and faster progress, and NDIT and HHS emphasized that they are working jointly but need continued support and better tools. The committee then heard a cybersecurity update on NDIT’s statewide services and maturity assessments. NDIT explained that it provides vulnerability scanning, endpoint protection, security awareness training, threat briefings, and penetration testing, and that these services are tied to a cybersecurity maturity assessment based on CIS controls. Members questioned the sharp drop in participation since 2020 and whether the self-assessment should be mandatory or tied more strongly to StageNet access or insurance incentives. NDIT said participation is voluntary, but Enderf is now requiring annual assessments to keep a 4% insurance discount, and members discussed whether stronger requirements or audit authority may be needed. The meeting ended as the committee began a follow-up discussion on BEAD broadband connection costs and why some locations are much more expensive to connect than others.
KY

Kentucky 2026 Regular Session

House Standing Committee on State Government (2-19-26)

State Government

Transcript Highlights:
  • the uh the the system the retirement the uh the the system the retirement system<00:03:47.680>
  • I'm a retired captain from the Kentucky State Police. Uh, I retired in 2021.
  • So any cost to the retirement system would be offset.
  • The minimum employer retirement contribution helps maintain the fiscal integrity of the retirement
  • workforce and the retirement system. workforce and the retirement system.
Summary: The House State Government Committee met with a quorum and considered four bills. House Bill 220, sponsored by Rep. John Blandon, addressed pension spiking for Kentucky Public Pension Authority systems by extending the effective date back to July 1, 2022. Blandon explained it was intended to correct a gap left by last year’s legislation affecting retirees who received across-the-board raises during the court period. A retired Kentucky State Police captain testified in favor but asked that the retroactive date be moved back to 2021. Members asked about fiscal impact, and Blandon said the bill would have only a very small percentage impact on CERS. The committee approved HB 220 unanimously, 17-0, with favorable expression. House Bill 467, sponsored by Rep. DJ Johnson, dealt with the disposal of surplus or underutilized state-owned real property. A committee substitute was adopted first. Johnson said the bill would let local governments and private citizens identify abandoned or dormant state property earlier in the process, while preserving existing fair-market-value disposal procedures. Committee members clarified that the bill concerns real property, not personal property, and asked about pricing and the current disposition process. Johnson and others explained that the bill would not change fair-market-value requirements but would move local involvement to the front end. The committee approved HB 467 as amended by the substitute, 17-0. House Bill 516, sponsored by Rep. Chris Lewis, would allow probationary police officers and firefighters in certain retirement systems to purchase service credit for up to 12 months of probationary employment and would extend line-of-duty death and disability coverage to probationary employees. Lewis said the bill was developed with the FOP, Professional Firefighters, and input from the Kentucky League of Cities, and that any retirement cost would be offset because both employee and employer contributions would be paid. Committee members confirmed the bill had been heard in PPOB and discussed the cost structure and the six-month window for purchasing service credit. The committee passed HB 516 favorably, 18-0. House Bill 589, sponsored by Rep. Stephanie Deetsz, created a framework for cities and chapter 75 fire districts to rehire retired firefighters under strict conditions, similar to existing rules for retired police officers. A committee substitute was adopted that required minimum employer retirement contributions, required a CPAT retest after a one-year separation, and expanded eligibility to chapter 75 fire districts. Deetsz said the bill was aimed at staffing shortages and preserving experienced personnel while protecting the retirement system. A city official and a Kentucky League of Cities representative testified in support, describing labor shortages and the value of bringing back experienced firefighters to mentor younger staff. The committee approved HB 589 as amended by the substitute, 18-0, and then adjourned.
US
Transcript Highlights:
  • experience with this, intentionally designed to impose unattainable. requirements to cause the early retirement
  • Yet any new development in the region needs to identify offsets to get their permit.
  • Yet when a new permit has to be issued, EPA requires emissions reductions. that generate offsets or credits
MN

Minnesota 2025-2026 Regular Session

Committee on Education Finance - 03/11/25

Education Finance

Transcript Highlights:
  • > reduce<00:16:16.399> the<00:16:16.519> voter<00:16:16.920> approved to offset
  • Bob Kerney, who is a retired custodian from the Hibbing Public Schools and now serves in the capacity
  • I retired in 2010. I've been giving tours of this school for over 35 years.
  • custodian from the Hibbing retired custodian from the Hibbing public<00:46:37.440> schools<00
  • <00:47:06.640> in district for 27 years I retired in district for 27 years I retired in 2010
Keywords: 1187, senate, all
TX

Texas 89th Regular

89th Legislative Session May 21st, 2025

Texas House Floor Meeting

Transcript Highlights:
  • The Committee on Pensions, Investments, and Retirement will meet at 1 p.m. in Room 1W14, Agriculture.
  • This just allows for DPS officers who have retired in good standing to be rehired. I move passage.
  • SB 1283 by Parker relating to resident safety from criminal activity in senior retirement communities
  • So let's talk, because you're a medical professional and I'm a retired military guy.
  • Those veterans who are out at Blue Skies of Texas, a retirement home in Bexar County— retirees who, back
Bills: SB31, SB33, SB20, SB217, SB264, SB269, SB650, SB681, SB528, SB502, SB740, SB916, SB995, SB10, SB2581, SB2570, SB3031, SB24, SB379, SB1171, SB1121, SB1120, SB1061, SB1036, SB1019, SB890, SB11, SB868, SB1188, SB1254, SB2778, SB2543, SB2443, SB1333, SB1259, SB1401, SB1404, SB2139, SB2165, SB2237, SB2268, SB1202, SB1198, SB1212, SB1451, SB1470, SB1498, SB965, SB1547, SB1667, SB1818, SB1902, SB2129, SB2078, SB2069, SB1737, SB1589, SB1318, SB387, SB1150, SB1574, SB2127, SB3034, SB860, SB1278, SCR5, SCR32, SB4, SB23, SB1762, SB34, SB60, SB706, SB1814, SB1220, SB523, SB565, SB1253, SB840, SB764, SB2383, SB2155, SB1535, SB1423, SB1566, SB1804, SB1728, SB1816, SB1952, SB75, SB2068, SB1455, SB213, SB627, SB2037, SB670, SB896, SB917, SB1184, SB971, SB1255, SB1261, SB1283, SB991, SB1733, SB21, SB231, SB739, SB1252, SB1371, SB646, SB3, SCR27, SB552, SB1405, SB1948, SB243, SJR1, SB31, SB33, SB20, SB217, SB264, SB269, SB650, SB681, SB528, SB502, SB740, SB916, SB995, SB10, SB2581, SB2570, SB3031, SB24, SB379, SB1171, SB1121, SB1120, SB1061, SB1036, SB1019, SB890, SB11, SB868, SB1188, SB1254, SB2778, SB2543, SB2443, SB1333, SB1259, SB1401, SB1404, SB2139, SB2165, SB2237, SB2268, SB1202, SB1198, SB1212, SB1451, SB1470, SB1498, SB965, SB1547, SB1667, SB1818, SB1902, SB2129, SB2078, SB2069, SB1737, SB1589, SB1318, SB387, SB1150, SB1574, SB2127, SB3034, SB860, SB1278, SCR5, SCR32, SB546, SB647, SB648, SB1493, SB1709, SB2001, HB5669, HB3115, HB5655, HB5675, HB5689, HB5690, HB5653, HB3228, HB2802, HB45, HB1318, HB5560, HB2894, HB4344, HB2775, HB33, HB 12, HB148
TX
Transcript Highlights:
  • Well, my husband, he's a retired Army colonel and an engineer.
  • Many of these caregivers are supporting young families on fixed incomes or retirement checks.
  • I am a sister, a retired teacher, a friend, and most importantly, an advocate for fentanyl awareness.
  • We also have our more tenured workers retiring quickly.
  • Before I retired, I made $14 per hour.
Bills: SB1, SB 1
TX

Texas 89th Regular

Senate Session May 31st, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • My understanding is that many of our retired state employees had not received any kind of cost-of-living
  • And they were just wondering, retired state employees were like, what happened to that money?
  • There's a question about a TRS retirement system rider, a rider... 21 that was added.
  • You know, the state invests billions, billions of dollars every biennium into the teacher retirement
  • the counties, tiered to the population, with the smallest counties receiving $80,000 per year to offset
Bills: SB27, SB1494, SB2121, SB2373, SB2431, SB1, SB8, SB12, SB13, SB15, SB30, SB37, SB260, SB268, SB331, SB379, SB441, SB447, SB457, SB568, SB650, SB763, SB1405, SB1506, SB1540, SB1566, SB1610, SB1637, SB1660, SB2018, SB2024, SB2217, SB2308, SB2337, SB2601, SB2753, SB2878, SB2900, SB2972, SB3059, HB4, HB40, HB46, HB119, HB145, HB300, HB493, HB705, HB1545, HB2011, HB2017, HB2067, HB2516, HB2885, HB2963, HB2974, HB3071, HB3372, HB3556, HB3595, HB3642, HB3909, HB5138, HB5246, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2688, SB2522, SB2459, SB2655, SB2251, SB1884, SB2928, SB2566, SB2549, SB2553, SB2919, SB1944, SB1232, SB1798, SB2603, SB2607, SB2683, SB1319, SB3045, SB3071, HB796, HB1523, HB5294, HB748, HB3395, HB180, HB3171, HB146, HB5596, HB5694, HB1135, HB3225, HB186, HB1449, HB3793, HB112, HB104, HB3336, HB3520, HB3320, HB5663, HB2399, HB111, HB3483, HB4580, HB3748, HB632, HB4730, HB5690, HB5689, HB3385, HB4359, HB5381, HB123, HB5606, HB1057, HB3664, HCR141, HCR40, HCR59, SR634, SR687, SR703, SR709, SR715, SB1494, SB2121, SB2373, SB2431, HB46, SB1, SB8, SB12, SB13, SB15, SB37, SB260, SB331, SB379, SB441, SB447, SB457, SB568, SB763, SB1405, SB1540, SB1566, SB2018, SB2308, SB2337, SB2878, SB3059, HB705, HB2017, HB2067, HB3071, HB3372, HB3556, HB3595, HB3909, HB5246
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 May 5th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • Members, as a retired nursing home administrator, I can tell you that I would never submit an amendment
  • It's preposterous to think I would write an amendment as a retired nursing home administrator that would
  • amendment does is remove the operating adjustment from the Department of Human Services and DCT to offset
  • What this amendment is, is a contingent income tax rate increase that's sufficient to offset federal
  • child, my mom was a Direct Support Professional (DSP), who grew into the role of supervisor and will retire
MS

Mississippi 2026 Regular Session

Appropriations - Room 210; 21 January, 2026: 1:30 PM

Appropriations

Transcript Highlights:
  • Uh, very briefly, if you had the ability to have retirees that have retired out of DEEQ come back to
  • had the ability to negotiate up to 80% or so of their salary, bring them back, not impact their retirement
  • ,<01:52:54.639> some<01:52:54.880> for some through retirement, some for some through
  • retirement, some for private<01:52:55.440> sector<01:52:55.760> jobs.
  • There's no backlog. >> Yes. >> And that's why the offset of the $34, $31.70. >> Yes. >> So if they get
Summary: The subcommittee heard the Mississippi Department of Wildlife, Fisheries, and Parks present its FY27 budget request and discuss accomplishments from prior appropriations. The commissioner highlighted improved conservation officer retention after salary increases, continued training and wellness efforts, upgrades to state parks and cabins, expansion of tiny homes, fisheries stocking and youth fishing programs, ongoing chronic wasting disease testing, and the Museum of Natural Science’s recent accreditation. The agency said it wants to maintain parks and facilities so they do not deteriorate again, and it emphasized tourism and public access benefits. Budget staff then outlined the request: $21.7 million in general funds, including increases for state parks, the museum, law enforcement, and chronic wasting disease; $23.2 million in state support capital and education funds; and $86.99 million in special funds authority. Major capital requests included $18.8 million for state parks projects at several parks, $1.25 million for law enforcement facilities, $2 million for Lake Lamar Bruce improvements, and $1.125 million for mobile teaching vans. Members asked for more detail on general fund increases, proof that law enforcement salary enhancements reached field agents, more information on the tiny home program and its return on investment, the source of motor vehicle funds, and a breakdown of requested pins and vacancies. The committee also questioned the agency about chronic wasting disease, with the department saying the $400,000 request supports testing and research and that live testing is not yet reliable. Members raised concerns about prioritization of lake and park maintenance, especially Lake Claude Bennett, and whether the agency is too reactive rather than proactive in addressing deteriorating facilities. The department said funding limitations and federal restrictions on certain lake dollars drive its priorities, and that it focuses on the most-used parks and lakes. No votes or formal actions were taken in the meeting.
ND

North Dakota 2025-2026 Regular Session

Advanced Nuclear Energy Committee Mar 24th, 2026

Transcript Highlights:
  • Now, as someone that just retired and I had 42 dental labs around the country, trying to find younger
  • I'd actually planned on retiring a couple years ago, but I decided to keep going because I've waited
  • And that is a way to offset the... ...less expensive land to develop new projects.
  • And that is a way to offset the cost of some of these SMRs and first-of-a-kind technologies.
  • So the goal then is, because of the risk profile being identified and the mitigating or offsetting of
Summary: The Advanced Nuclear Energy Committee met to hear a series of presentations on the economics, financing, workforce, and community impacts of advanced nuclear deployment in North Dakota. William Bridge of Nucleon Energy presented the committee’s economic impacts and private-sector financing report, estimating construction and operating job impacts, local spending, and state/local tax effects for hypothetical SMR projects. He said the report assumes first-of-a-kind costs are still high, used a $6 million per megawatt nth-of-a-kind proxy, and estimated peak construction workforces of about 500 for a 200-MW plant and 1,000 for a larger facility, with roughly 100 operating jobs for a 200-MW plant. Committee members questioned security costs, capital cost assumptions, water and transmission siting constraints, and whether the model included fuel and waste; Bridge said the report included initial fuel in capital cost and that waste disposal is funded through existing federal mechanisms. Lori Brady of the Nuclear Energy Institute then outlined national nuclear workforce needs and NEI’s strategic workforce planning efforts. She described declining labor-force participation, retirements, and the need for a much larger future workforce, and said NEI has organized recommendations around career awareness, pipelines, training and qualification, policy support, retention, and nontraditional recruitment. She highlighted tools such as the Nuclear Works career website, the Nuclear Energy Academic Roadmap, the new federal Energy and Natural Resources career cluster, and the Nuclear Uniform Curriculum Program for community colleges. Members asked about AI, timing for training relative to plant development, and whether advanced manufacturing would reduce staffing needs; Brady said AI is not expected to replace workers and that training timelines depend on the specific project and staffing plan. The committee also heard from Gary Yaco, mayor of Red Wing, Minnesota, who described Prairie Island’s role in his community. He said the plant provides a large share of local property tax revenue, supports well-paid jobs, contributes to emergency preparedness funding and training, and is broadly supported by the city despite periodic protests and public concerns. He emphasized the plant’s security, regular drills with local and federal responders, and the absence of problems with dry cask storage. Later, Benton Arnett of NEI discussed the current financing landscape for advanced nuclear, explaining how tax credits, federal loan support, off-take agreements, and new business models are helping projects move forward. He said early projects face high upfront costs and long lead-time procurement, but that investor confidence is improving as federal policy and regulatory streamlining continue. The committee asked about waste funding, comparisons with natural gas, the effect of political shifts on investor confidence, and whether the market will narrow to a few winning technologies; Arnett said the industry is still sorting that out, but expects clearer winners in the late 2020s and early 2030s. The meeting concluded with an introductory presentation from Julie Kazeraki of DOE’s Office of Energy Dominance Financing, who said the office is focused on accelerating nuclear deployment through financing support.
NM

New Mexico 2025 Regular Session

House - Health and Human Services Oct 1st, 2025

House Health & Human Services

Transcript Highlights:
  • Madam Floor Leader, when I retired, I went through the exchange for... for my insurance.
  • But let's say you're very close to retiring, you're 64.
  • What are the costs that are being offset? How is that really addressing the affordability issue?
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 May 17th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • You know, I once had a connection to a retired police officer, and after a tragic suicide of a police
  • So we put some money aside, and then we help offset their costs when they get there.
  • then you'll see why some of the places are a little bit run down, because most of those folks are retired
FL

Florida 2025 Regular Session

April 8, 2025 - 03:00 PM

Transcript Highlights:
  • two annual reports, extends the definition of capital complex, and it adds additional funding for retired
  • For retired police dogs if they need it. That is the bill, Mr. Chair.
  • It also clarifies offsets and penalties for fraud.
Summary: The Budget Committee met with a quorum and considered eight bills. The first major item, House Bill 1467 on gambling, drew extensive debate and strong opposition from veterans organizations and related groups, who warned the bill’s language could unintentionally criminalize raffles and gaming machines used by American Legion and VFW posts for charitable fundraising. The sponsor said the bill would strengthen gambling penalties, authorize fantasy sports contests, preempt local enforcement, and require more reporting on illegal gambling, and he said he was open to amendments later. Despite concerns from several members about unintended consequences and local preemption, the committee passed the bill favorably on a roll call vote. The committee then heard and passed House Bill 711, creating a statewide “spectrum alert” for missing autistic children and requiring FDLE training for law enforcement; House Bill 1335, allowing Medicaid coverage for blood-based colorectal cancer screening; House Bill 843, making clarifying changes to Fish and Wildlife Conservation Commission trust funds; House Bill 1371, strengthening protections for law enforcement and first responders, including penalties for attacks on officers and measures related to false reports and blood-borne pathogen exposure; House Bill 1405, revising youth prevention services for status offenders; House Bill 1053, updating FDLE-related statutes and adding support for retired police dogs; and House Bill 751, expanding health insurance protections for law enforcement and their families after catastrophic injury or death and clarifying fraud penalties. Several bills were amended before passage, including HB 1371, which adopted an amendment removing a section to avoid fiscal impact, and HB 1053, which removed proposed changes to the capital complex definition. Most measures received supportive testimony from law enforcement, health, or advocacy groups and passed with little opposition. The committee concluded by reporting all of the listed bills favorably and then adjourned.
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 03/09/26

Transportation

Transcript Highlights:
  • Due to PTSD, he was medically retired from both roles. to cover these expenses. to cover these expenses
  • retired from both roles.
  • Since the cost of the signs is paid by non-state sources, the $4,000 expenditure shown would be offset
  • c><00:14:22.959> shown<00:14:23.240> would<00:14:23.400> be<00:14:23.560> offset
  • <00:14:23.959> by uh expenditure shown would be offset by uh expenditure shown would be offset
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/19/26

Taxes

Transcript Highlights:
  • <00:21:29.039> accounts,<00:21:29.919> charitable<00:21:31.280> um uh retirement
  • accounts, charitable um uh retirement accounts, charitable um contributions,<00:21:32.559> etc.
  • And so to offset the cost of the marriage penalty, income tax rates for married joint filers could be
  • And<00:45:50.079> so<00:45:50.240> to<00:45:50.400> offset<00:45:50.720> the<
  • the cost of of the And so to offset the cost of of the marriage<00:45:52.240> penalty,<00:45:
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Floor debate on automatically returning future budget surpluses to taxpayers 3/17/25

Minnesota House Floor Meeting

Transcript Highlights:
  • for property income taxpayers in the state through one-time refunds, which will not be taxable, to offset
  • the<00:09:23.240> cost<00:09:23.480> of<00:09:23.560> the be taxable to offset
  • the cost of the be taxable to offset the cost of the general<00:09:23.920> fund<00:09:24.320>
  • However, if those retired individuals, if I understand you correctly, if they have income or property
  • individuals if I understand you retired individuals if I understand you correctly<01:06:18.160> uh
Keywords: 1183, house
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026

Budget Section

Transcript Highlights:
  • agencies were not to ask for new FTEs, not to ask for new buildings, and try as hard as they can to offset
  • That person retired with a significant leave balance, and that's never budgeted.
  • , not through the school aid formula, but out to districts through a different methodology. ...to offset
  • And that is the kind of asset management and retirement tracking.
Summary: The Budget Section met to approve prior minutes and receive a series of budget, revenue, and program updates from OMB, the Tax Department, DOT, DMR, and DPI. OMB reported that general fund revenues through May were about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls, though the biennium is still projected to end with a positive balance. OMB also reviewed oil price and production assumptions, the budget stabilization fund transfer above its cap, Legacy Fund performance, federal grant applications, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, vacancy savings, and the DAPL settlement, noting that most of the settlement funds had been deposited but a small amount of accrued interest would require a future deficiency request. The committee then considered Emergency Commission requests. It approved requests for Public Service Commission abandoned mine lands federal authority, an Attorney General FTE and related funding for criminal investigator work tied to the Office of Guardianship and Conservatorship, and a DPI transfer for bridge software costs. After discussion, the committee also approved DPI’s request for a $500,000 transfer for the food vendor program, despite questions about the program’s savings and cash-flow structure. Later, the Tax Commissioner presented the primary residence credit program, reporting that current biennium costs are expected to exceed the appropriation by about $22 million and explaining how the credit interacts with homestead and disabled veteran credits and the 3% property tax levy cap. The Legacy and Budget Stabilization Fund Advisory Board reported strong returns for both funds, and DOT sought and received approval for two flexible fund highway projects on ND 49 and ND 31. DOT also updated members on Highway 85 construction and said remaining flex fund dollars were essentially fully allocated. DMR reported on the abandoned well plugging and site reclamation fund, noting North Dakota’s relatively small orphan well inventory, current and projected fund balances, rising remediation costs, and a possible need to adjust the fund cap in future sessions. Finally, DPI outlined the new integrated formula gap funding program, explaining that it compensates school districts that cannot reach the assumed 60-mill local contribution because of the 3% levy cap; the first year’s gap funding totaled about $1.8 million, with future costs expected to grow.
ND

North Dakota 2025-2026 Regular Session

Budget Section Jun 24th, 2026

Transcript Highlights:
  • agencies were not to ask for new FTEs, not to ask for new buildings, and try as hard as they can to offset
  • That person retired with a significant leave balance, and that's never budgeted, or it's rarely budgeted
  • methodology. ...not through the school aid formula, but out to districts through a different methodology to offset
  • And that is the kind of asset management and retirement tracking.
Summary: The Budget Section approved the March 18 minutes and received an OMB update showing the general fund is still ahead of the budgeted starting point, but revenues through May are now about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls. OMB also reported the budget stabilization fund is above its cap, meaning a transfer to the general fund is expected, and reviewed oil price/production assumptions, noting continued volatility. Members asked about the income tax netting process, the sales tax decline, oil price discounts/premiums, natural gas taxation, and when the executive branch would present its revenue forecast. The committee then acted on several Emergency Commission requests. It approved, as a group, requests for federal mine reclamation funds for the Public Service Commission, an additional criminal investigator FTE and funding for the Attorney General’s office, and a DPI transfer for bridge software costs. It separately approved DPI request 2164 for $500,000 to support the food vendor program after debate over whether the program’s savings were known and whether the money was simply a pass-through. OMB also reported on federal grants, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, FTE pool usage, vacancy savings, and the DAPL settlement, noting the settlement funds had been deposited and that a deficiency appropriation may be needed later to cover remaining accrued interest. Tax Commissioner Brian Kroshus presented on the primary residence credit program, saying participation has grown sharply and that the current biennium will likely need about $431 million, roughly $22 million above the appropriation. He explained how the credit interacts with homestead and disabled veteran benefits, how the 3% property tax cap works, and why county valuations and mill rates vary. The committee also received a Legacy Fund/Budget Stabilization Fund report showing strong returns, and DOT Director Ron Henke received approval for two Flex Fund highway projects on ND 49 and ND 31. Henke also explained remaining Highway 85 funding and said the department is exploring uses for leftover state dollars. Finally, the Department of Mineral Resources reported on abandoned well plugging and site restoration, noting North Dakota remains in relatively strong shape compared with other states, and DPI began a presentation on gap funding tied to the 3% levy cap, reporting 24 districts received $1.8 million in the first year and projecting higher future needs.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm

Joint Committee on Telecommunications, Utilities and Energy

Transcript Highlights:
  • individuals and the types of uses that these e-bikes are getting and whether or not these trips are offsetting
  • You might be surprised to learn that one of our most engaged riders, Julie, a retired police dispatcher
  • individuals and the types of uses that these e-bikes are getting and whether or not these trips are offsetting
  • for all types of people you might be surprised to learn that one of our most engaged riders Julie a retired
Keywords: 995, all
Summary: The committee on Telecommunications, Utilities and Energy heard testimony on several transportation and clean-fuel bills. Supporters of H. 3535 argued for delaying or pausing enforcement of Massachusetts’ zero-emission vehicle sales mandate, saying the current ACC2 timeline is unrealistic given low ZEV sales, limited charging infrastructure, dealer inventory concerns, and potential economic impacts on dealerships, consumers, and tax revenue. Opponents of that approach, including automakers and clean transportation advocates, said the state should stay on course with electrification and that the mandate is necessary to meet climate goals. The committee also heard support for H. 3570/S. 2326 to update vehicle emission standards for municipal and utility fleets, with municipal utility representatives saying current electric truck technology, charging access, and costs make the rules impractical for critical public services. A major portion of the hearing focused on S. 2246, the Freedom to Move Act, which would require MassDOT and regional planning agencies to set vehicle miles traveled reduction goals and align transportation spending with climate targets. Supporters said the bill would better coordinate transportation planning, encourage transit, biking, and walking, and help Massachusetts meet emissions goals while saving money and improving public health. Some committee members raised concerns that the bill could duplicate existing transportation climate mandates and could disadvantage rural residents who must drive long distances; witnesses responded that the bill is meant to add coordination and flexibility, not impose a one-size-fits-all solution. The committee also heard testimony on H. 3448, which would set deadlines to electrify school buses and public fleets and create programs for private fleet electrification. Advocates said fleet electrification is a practical way to cut emissions, improve air quality, and save money over time, especially for schoolchildren exposed to diesel exhaust. Several witnesses also supported low-carbon fuel standard bills H. 3576 and S. 2251, arguing they would reduce fuel carbon intensity and generate revenue for charging and clean-fuel investments. Others, including a coalition opposed to private jet expansion, objected to the bills’ treatment of sustainable aviation fuel, saying it is not scalable, is expensive, and could create land-use and food-supply tradeoffs. No votes or formal committee actions were taken in the hearing excerpt provided.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 10th, 2026 at 09:10 am

Senate Finance

Transcript Highlights:
  • support Otero County, maybe not in the area next to El Paso where the site is, but as you think about offsetting
  • So out of the 600 affected, about 599 to be honest, about a third retired and had full pension.
  • So I would say of the people who weren't retired, at least half of them did not make as much as they
  • committee decided we're going to put $50 million for a data center in each one of these communities to offset
Bills: SB241, SB145