Video & Transcript Research : 'revenue commitment'

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MN

Minnesota 2025-2026 Regular Session

Committee on Education Finance - 03/18/26

Education Finance

Transcript Highlights:
  • of compensatory revenue. of compensatory revenue.
  • , all 10 of our uh compensatory revenue, all 10 of our uh commitments<00:32:09.080> to<00:32:09.160
  • compensatory revenue in their general education revenue.
  • . revenue. revenue.
  • to revenue to compensatory revenue to revenue to school<01:06:13.760> sites<01:06:14.040>
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • The first is that when the state allocates revenues to film tax credits, that revenue could have been
  • that widen the gap between revenues and expenditures.
  • Was it direct tax revenues?
  • It's a commitment to doing that.
  • for our small businesses, tax revenue, tourism revenue, rental income, and real estate values.
Keywords: 988, house, all
LA

Louisiana 2026 Regular Session

State Bond Commission May 21st, 2026

Transcript Highlights:
  • Tammany Parish Fire Protection District Number 13 for not exceeding $1.9 million in limited tax revenue
  • Item 14 is the Livingston Parish Council for not exceeding $11.64 million in sales tax revenue bonds.
  • Item 15 is the Town of Woodworth for not exceeding $1.1 million in utility revenue bonds.
  • Item 16 is the Town of Delhi for not exceeding $1,060,000 of taxable sewer revenue bonds.
  • Tammany Parish Council for not exceeding $1.5 million in taxable revenue bonds.
Summary: The State Bond Commission met on May 21, established a quorum, approved the April 16 minutes, and then considered a long agenda of bond, refunding, and election-related requests. Items 3 through 10 were election propositions for the November 3 ballot involving ad valorem taxes, parcel fees, and charter amendments for purposes such as fire protection, agricultural centers, neighborhood security, recreation, aging services, drainage, and roads and bridges; staff said they met technical and legal requirements, and the commission approved them. The commission also approved several local financings, including water and sewer projects, fire district equipment and facility improvements, school board and parish bonds, and refunding transactions for the East Baton Rouge City-Parish and St. James Parish School Board. A retroactive approval request from the City of Kenner related to a CEA with GMB Basketball LLC was discussed; staff made no recommendation because it was retroactive, but noted it appeared to be an oversight, and item 22, the related airport district agreement, was approved. The commission approved additional financing for the Louisiana Housing Corporation’s Federal City Building 10 affordable housing project, a preliminary approval for the Northwest Louisiana Finance Authority’s Petro Tower redevelopment in Shreveport, and two Louisiana Public Facilities Authority projects: Southern University’s Scott’s Bluff student housing project and the Crescent City Schools project for Harriet Tubman Charter School. During discussion of the Crescent City Schools financing, a commissioner asked about the use of MFP funds; staff explained that lease payments would be the repayment source and that MFP dollars are generally split between educational expenses and facilities costs, with the school’s typical split around 72% instructional and 28% administrative/facilities-related. Both items were approved. The commission then received six cost-of-issuance reports for previously approved bond issues, with various fee adjustments but no motions required. It also reviewed a debt schedule update and adopted Resolution No. 2 authorizing up to $425 million in general obligation refunding bonds to refund Series 2016 bonds and tender other outstanding bonds for savings, with pricing tentatively set for June 16 and closing for June 30. In other business, the commission heard a brief public comment from New Orleans City Council President J.P. Morrell thanking the commission for helping place a charter amendment on the ballot to improve New Orleans budgeting transparency and oversight. The meeting ended after monthly reports were noted and no further business was raised.
CA
Transcript Highlights:
  • CSU also saw a 6% increase in tuition revenue in 2024-25.
  • So we're committed in the long term to supporting our students and their financial needs.
  • Those are our two major revenue sources.
  • Reporting on from whom the reports are made and by whom the alleged harm was committed?
  • Southwestern College remains committed to enabling and supporting our CSU partners.
Summary: The Assembly Budget Subcommittee on Education Finance met to review CSU and State Library budget issues, enrollment trends, the Capital Fellows program, and a Title IX update. Chair David Alvarez opened by stressing that CSU faces serious financial pressure, including a systemwide deficit and proposed cuts that he and several members said were too large and likely to harm access, course offerings, and student services. Public comment focused heavily on the Braille Institute Library, with patrons, staff, veterans, and advocates urging restoration of funding and warning that the proposed cut would severely affect blind and visually impaired Californians across Southern California. Several CSU faculty, staff, and union representatives also opposed the proposed reductions and warned of larger class sizes, fewer sections, and layoffs. On the CSU core operations item, the Department of Finance explained the Governor’s proposal to reduce ongoing General Fund support by about $375 million and defer a 5% base increase, while the LAO said CSU core funding would be roughly flat once tuition and targeted augmentations were considered, but warned that rising costs and prior shortfalls would still force campuses to cut spending. CSU’s Chancellor’s Office said the proposed cut would deepen existing problems, citing prior-year budget gaps, job losses, reduced course sections, and student-service reductions. Members pressed Finance and the LAO on whether cuts could be made more surgically, especially at the Chancellor’s Office or in institutional support rather than in instruction, and the LAO said the Legislature has flexibility to target cuts more specifically. CSU also described ongoing consolidation efforts, including shared services among campuses and the planned Cal Maritime/Cal Poly San Luis Obispo integration, while cautioning that savings are not yet fully known. The committee then discussed CSU enrollment. The LAO recommended holding enrollment targets flat because the budget does not add new funding, while CSU reported strong recent growth, including more California residents, record first-year enrollment, and expanded direct admissions and transfer pathways. Members questioned why some campuses with high demand turn away many applicants while others continue to lose enrollment, and CSU said it is shifting resources from campuses with sustained declines to those with demand, using a 10% below-target threshold. The committee also discussed whether enrollment declines mirror local population trends, how to improve marketing and program alignment, and whether lessons from Cal Poly Humboldt’s conversion could inform other campuses such as Sonoma State. The Capital Fellows item drew a Finance proposal for a salary increase and an LAO counterproposal for a smaller raise plus future COLA language; the committee kept the item open. Finally, CSU reported progress on Title IX compliance, saying it has completed most State Auditor recommendations, expanded civil rights staffing, and increased training, prevention, and case-management efforts, though members asked how proposed budget cuts might affect those services.
MN
Transcript Highlights:
  • <00:05:02.560> and significantly reduce our revenue and significantly reduce our revenue and
  • down 20 or more per in their revenue down 20 or more per in their revenue from<00:05:19.880>
  • <00:05:22.880> of from December to January this revenue of from December to January this revenue
  • <00:14:33.440> and don't want to hurt your own revenue and don't want to hurt your own revenue
  • <00:37:04.960> or casinos seen a decrease in revenues or casinos seen a decrease in revenues
Keywords: 919, house, all
Summary: The committee heard testimony on House File 733, which would restore electronic pull-tab features such as open-all, free play, bonus games, and similar functions that were restricted in 2023. The bill’s supporters, including representatives of Allied Charities of Minnesota, the American Legion, and a Bloomington school activities foundation, argued that the 2023 changes reduced revenue for charitable gambling operations and, in turn, cut funding for veterans programs, youth sports, food shelves, school needs, and other local community services. Several supporters cited early revenue declines since the new rules took effect, including double-digit drops and one example of a Bloomington site reporting a 29% year-over-year decline overall and a 44% drop in e-tab revenue. They also argued that restoring the features would help charities without meaningfully increasing casino play. Opponents, including Citizens Against Gambling Expansion and the Minnesota Indian Gaming Association, said the bill would expand slot-machine-like gambling in neighborhood bars and restaurants and increase problem gambling and related social harms. They argued the features in question mimic slot machines, are especially concerning in non-age-restricted locations, and would amount to a major expansion of gambling. The tribal representative also said the 2023 clarification was appropriate, that charitable gambling revenues do not translate efficiently into mission funding, and that tax relief or other policy changes would be better ways to help charities than restoring the disputed features. The chair reminded testifiers to keep comments neutral and not partisan. After testimony, a member discussion began, with Representative Ray Rower thanking the testifiers and expressing support for their work. The transcript excerpt does not show a final vote or disposition beyond the bill being recommended to be re-referred to the Commerce Finance and Policy Committee.
CA
Transcript Highlights:
  • So GGRF revenues may be lower.
  • As the LAO noted, it's very difficult to predict GGRF revenues.
  • Revenue generation is one feature of the program.
  • We saw GGRF revenues decrease significantly during the pandemic.
  • Eroding GGRF revenues when we can least afford it.
Keywords: 987, senate, all
Summary: The Senate Environmental Quality Committee and Senate Budget and Fiscal Review Subcommittee No. 2 held a joint hearing on CARB’s proposed amendments to the cap-and-invest regulations. Opening remarks from senators emphasized the 2025 reauthorization of the program through AB 1207 and SB 840, and focused on whether CARB’s April revisions faithfully implement legislative intent while balancing climate ambition, affordability, leakage prevention, and the Greenhouse Gas Reduction Fund (GGRF). Several senators raised concerns that the proposal could reduce GGRF revenues, weaken funding for transit, affordable housing, wildfire prevention, drinking water, and other community programs, and shift too much support toward industry. Others stressed the need to protect businesses and consumers from higher costs and to avoid leakage and refinery closures. Senator Cortese’s statement, read into the record, warned that the proposal could jeopardize transportation funding commitments. CARB Chair Lauren Sanchez said the amendments respond to legislative direction and public comment, and described four main changes: increased electric bill credits, a larger manufacturing decarbonization incentive (MDI), additional compliance support for industry, and removal of post-2030 allowance allocations from the current rulemaking. She said the proposal keeps the cap aligned with 2030 and 2045 targets, maintains affordability protections, and is intended to reduce emissions while minimizing leakage and supporting in-state jobs. CARB staff also said the MDI would have guardrails, require applications and reporting, and be tied to emissions-reducing facility upgrades. The Department of Finance explained that GGRF revenue estimates are highly uncertain and are updated periodically based on auction data. The Legislative Analyst’s Office said the amendments are significant and could materially affect environmental ambition, industry support, utility credits, and GGRF revenues. LAO highlighted that the MDI could add allowances above the cap, potentially reducing certainty that 2030 targets will be met, and noted that the proposal appears to shift more allowances to industry and fewer to GGRF than current regulations. LAO also said the proposed GGRF estimate of about $8 billion through the decade could be insufficient to fully fund lower-priority tiers of programs. In questioning, senators pressed CARB on whether the proposal would raise consumer costs, whether free allowances or MDI funds would actually lower prices at the pump, how leakage is measured, and whether the Legislature’s budget assumptions would need to be revised before final action. No votes were taken during the hearing; the discussion was informational and focused on questioning CARB and fiscal staff ahead of the board’s planned May 28 consideration of the amendments.
CA
Transcript Highlights:
  • But like I said, I'm committed to continuing to work with any opposition.
  • Chair, that I want to commit is that we are committed to working with them, and we've, you know, had
  • We've seen revenue also drop.
  • So we share that goal to get more revenue, to get more sales.
  • So we share that goal to get more revenue, to get more sales.
Summary: The committee heard a long agenda of bills, with most measures drawing support from industry, professional, local government, and advocacy witnesses, and several receiving committee amendments before moving forward. AB 8 on hemp and cannabis drew the most extensive debate: supporters said it would close loopholes around intoxicating hemp products, strengthen enforcement, and bring THC products into the regulated cannabis supply chain; opponents, including small cannabis farmers and environmental groups, warned it could undermine Proposition 64’s closed-loop system, harm California cultivators, and reduce tax revenues for youth, environmental, and law enforcement programs. The author said the bill was intended to protect consumers and children and to work further with stakeholders. AB 476 on copper theft was presented as a public safety and infrastructure bill to tighten reporting, documentation, and penalties for scrap metal theft; supporters from cities, utilities, broadband, and recycling-related groups described major losses and outages from copper theft, and the remaining opposition moved to neutral after amendments, with the bill advancing with committee support. The committee also heard AB 985, which would allow nationally certified anesthesiologist assistants to practice under direct supervision of licensed anesthesiologists to address anesthesia workforce shortages. Supporters, including the California Society of Anesthesiologists, medical groups, students, and patients, said it would expand access and bring California in line with other states; nurse anesthesiology groups expressed concerns and sought further clarification, but there was no formal opposition at the hearing. AB 506, aimed at online pet sales, would void contracts that fail to disclose an animal’s origin or veterinary records or that require non-refundable deposits; animal welfare groups said it would curb puppy mill pipelines and deceptive online sales, and there was no opposition. AB 876, on certified registered nurse anesthetists, generated the sharpest health care policy dispute: supporters said it would codify existing practice and clarify CRNA duties, while physicians and medical associations argued it would expand scope too far and reduce patient safety. After a roll call, AB 876 passed the committee 9-0, as amended, to Appropriations. Other bills advanced with broad support after amendments. AB 432, the Menopause Equity Act, would require continuing medical education on menopause-related care for certain physicians; the author and medical experts said the bill addresses widespread gaps in menopause treatment and research, while CMA and ACOG opposed the mandate as an inappropriate CME requirement, though they agreed the underlying problem is real. The bill passed on call, as amended, to Health. AB 759 would allow eligible architectural candidates to use the title “architect in training” to encourage completion of licensure and improve diversity in the profession; it passed unanimously, as amended, to Appropriations. AB 967 would create an optional expedited licensure fee for out-of-state physicians to reduce delays in bringing doctors into California’s workforce; supporters said it would help address shortages and improve patient access, and the bill was presented with support from medical stakeholders.
LA

Louisiana 2026 Regular Session

House of Representatives May 5th, 2026

Louisiana House Floor Meeting

Bills: HR223, HR224, HR225, HR226, HR227, HR228, HR229, HR230, HR231, HR232, HR233, HR234, HR235, HR236, HR237, HR238, HR239, HR240, HR241, HR242, HR243, HCR94, HCR95, HCR96, HCR97, HCR98, HCR99, HCR100, HR218, HR219, HR220, HR221, HR222, HCR91, HCR92, HCR93, SCR41, SCR42, SCR43, SCR44, SCR45, SCR46, SCR47, SCR48, SCR49, SCR50, SCR51, SCR52, SB259, SB347, SB398, SB469, SB483, SB518, HR37, HCR64, SCR11, SCR22, HB89, HB341, HB451, HB456, HB541, HB579, HB595, HB621, HB818, HB841, HB1064, HB1101, HB1165, HB1191, SB1, SB23, SB32, SB42, SB43, SB46, SB51, SB110, SB113, SB150, SB154, SB161, SB218, SB220, SB221, SB253, SB289, SB310, SB351, SB399, SB404, SB502, SB123, SB125, SB387, SB401, HB730, HCR41, HCR76, HCR77, HCR63, HCR69, HCR86, HR171, HCR49, HCR65, HCR72, SCR19, SCR3, SCR6, SCR18, HB64, HB68, HB92, HB130, HB175, HB198, HB437, HB457, HB488, HB646, HB763, HB909, HB971, HB981, HB1066, HB1089, HB1125, HB1154, HB1231, HB1246, HB1248, HB1249, HB276, HB508, HB512, HB599, HB632, HB656, HB998, HB1052, HB1084, HB1171, HB1193, HB1194, HB1204, HB1209, HB1250, SB47, SB82, SB106, SB206, SB210, SB248, SB305, SB376, SB397, SB441, SB2, SB19, SB24, SB50, SB70, SB96, SB101, SB103, SB104, SB114, SB122, SB159, SB160, SB173, SB180, SB182, SB260, SB412, SB418, SB424, SB442, SB460, SB476, HCR32, HB911, HB1223, HB798, HB824, HB989, HB1140, HB1166, HB1244, HB459, HB617, HB804, HB926, HB225, HB955, HB901, HB79, HR20, HR74, HB59, HB284, HB306, HB366, HB393, HB458, HB577, HB582, HB605, HB614, HB682, HB733, HB752, HB773, HB996, HB1035, HB1069, HB1113, HB1180, HB1203, HB1234, HB1240, SB89
LA

Louisiana 2026 Regular Session

House of Representatives May 5th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • She exemplifies the core values of honor, courage, and commitment.
  • have been instrumental in her success and have also benefited from her mentorship, training, and commitment
  • Thank you and welcome to the Capitol. ...from her mentorship, training, and commitment to the dedicated
  • All I know is that the net proceeds from the lottery, when you take the gross revenue minus expenses,
  • Who is charged with certain sexually based offenses against committed and a child, against a child. .
Bills: HR223, HR224, HR225, HR226, HR227, HR228, HR229, HR230, HR231, HR232, HR233, HR234, HR235, HR236, HR237, HR238, HR239, HR240, HR241, HR242, HR243, HCR94, HCR95, HCR96, HCR97, HCR98, HCR99, HCR100, HR218, HR219, HR220, HR221, HR222, HCR91, HCR92, HCR93, SCR41, SCR42, SCR43, SCR44, SCR45, SCR46, SCR47, SCR48, SCR49, SCR50, SCR51, SCR52, SB259, SB347, SB398, SB469, SB483, SB518, HR37, HCR64, SCR11, SCR22, HB89, HB341, HB451, HB456, HB541, HB579, HB595, HB621, HB818, HB841, HB1064, HB1101, HB1165, HB1191, SB1, SB23, SB32, SB42, SB43, SB46, SB51, SB110, SB113, SB150, SB154, SB161, SB218, SB220, SB221, SB253, SB289, SB310, SB351, SB399, SB404, SB502, SB123, SB125, SB387, SB401, HB730, HCR41, HCR76, HCR77, HCR63, HCR69, HCR86, HR171, HCR49, HCR65, HCR72, SCR19, SCR3, SCR6, SCR18, HB64, HB68, HB92, HB130, HB175, HB198, HB437, HB457, HB488, HB646, HB763, HB909, HB971, HB981, HB1066, HB1089, HB1125, HB1154, HB1231, HB1246, HB1248, HB1249, HB276, HB508, HB512, HB599, HB632, HB656, HB998, HB1052, HB1084, HB1171, HB1193, HB1194, HB1204, HB1209, HB1250, SB47, SB82, SB106, SB206, SB210, SB248, SB305, SB376, SB397, SB441, SB2, SB19, SB24, SB50, SB70, SB96, SB101, SB103, SB104, SB114, SB122, SB159, SB160, SB173, SB180, SB182, SB260, SB412, SB418, SB424, SB442, SB460, SB476, HCR32, HB911, HB1223, HB798, HB824, HB989, HB1140, HB1166, HB1244, HB459, HB617, HB804, HB926, HB225, HB955, HB901, HB79, HR20, HR74, HB59, HB284, HB306, HB366, HB393, HB458, HB577, HB582, HB605, HB614, HB682, HB733, HB752, HB773, HB996, HB1035, HB1069, HB1113, HB1180, HB1203, HB1234, HB1240, SB89
Summary: The House convened with a quorum, prayer, pledge, and a series of personal privileges recognizing visitors and honorees, including Northside High students, the YMCA’s 175th anniversary, Literacy Day, Special Olympics Louisiana, a 75th wedding anniversary, police jurors, Young Marine Sergeant Valerie Uitt, Elmer’s, and other community guests. The chamber also received Senate messages, including refusal to concur in House amendments to SB 149, concurrence in several House measures, adoption of Senate resolutions, and passage of multiple Senate bills. House resolutions were introduced and many were adopted without objection, including measures honoring local events, organizations, and individuals, as well as resolutions on literacy, municipal day, firefighters appreciation, and sports-related commendations. Committee reports moved numerous House and Senate bills and resolutions forward, and members were urged to monitor the Senate calendar to ensure House bills had Senate sponsors before being returned late in session. Several bills were debated and passed. HB 175 created a Veterans Service Grant Fund funded by $500,000 annually from Louisiana Lottery net proceeds, overseen by a board within the Department of Veterans Affairs to award grants to eligible veteran-serving nonprofits, colleges, JROTC programs, veteran courts, and local governments; it passed after questions about the use of lottery proceeds and the role of nonprofits. HB 198 authorized ambulatory surgical centers to perform certain procedures and be reimbursed at Medicare rates, and HB 437 restricted expert witnesses from receiving contingency-style compensation tied to case outcomes after debate over ethics and whether the bill was necessary. HB 488 created the Bell Chase Bridge Merit-Based Special Fund to support the bridge toll buyback effort. HB 763 required a centralized public database of government settlement agreements and consent decrees, with confidentiality protections preserved, and passed after questions about sensitive cases. HB 989 required commercial health coverage for behavioral health crisis services, HB 971 addressed Medicaid reimbursement parity for rural health clinics, HB 981 created a law enforcement recruitment/retention incentive stipend for campus police at public postsecondary institutions, HB 1066 clarified that campus police are not eligible for state supplemental pay, and HB 1089 established care accounts for future medical expense awards, with amendments limiting certain case types and providing for reversion of unused funds. The House also reconsidered and defeated HB 225, a constitutional amendment to impose a lifetime gubernatorial term limit, and HB 730, concerning airport authority regulation of automatic dependent surveillance broadcast systems. Several resolutions were adopted, including HCR 76 continuing a health inequities task force, HJR 77 urging federal action on H-2B seasonal employer designation for the crawfish industry, HJR 67 creating a task force on military drivers without civilian licenses, and HCR 69 urging DOTD to study Interstate 12 safety improvements. The chamber adopted numerous additional commemorative resolutions and concurred in Senate resolutions recognizing sports figures, Mental Health Awareness Month, state observances, and school achievements. Overall, the day featured a mix of ceremonial recognitions, committee reporting, and floor action on veterans, health care, transparency, labor, transportation, law enforcement, and court-related legislation.
LA

Louisiana 2026 Regular Session

House of Representatives Mar 31st, 2026

Louisiana House Floor Meeting

Bills: HR84, HR85, HR86, HR87, HR88, HR89, HR90, HCR42, HCR43, HB1087, HB1088, HB1089, HB1090, HB1091, HB1092, HB1093, HB1094, HB1095, HB1096, HB1097, HB1098, HB1099, HB1100, HB1101, HB1102, HB1103, HB1104, HB1105, HB1106, HB1107, HB1108, HB1109, HB1110, HB1111, HB1112, HB1113, HB1114, HB1115, HB1116, HB1117, HB1118, HB1119, HB1120, HB1121, HB1122, HB1123, HB1124, HB1125, HB1126, HB1127, HB1128, HB1129, HB1130, HB1131, HB1132, HB1133, HB1134, HB1135, HB1136, HB1137, HB1138, HB1139, HB1140, HB1141, HB1142, HB1143, HB1144, HB1145, HB1146, HB1147, HB1148, HB1149, HB1150, HB1151, HB1153, HB1154, HB1155, HB1156, HB1157, HB1158, HB1159, HB1160, HB1161, HB1162, HB1163, HB1164, HB1165, HB1166, HB1167, HB1169, HB1170, HB1171, HB1172, HB1173, HB1174, HB1175, HB1176, HB1177, HB1178, HB1179, HB1180, HB1181, HB1182, HB1183, HB1184, HB1185, HB1186, HB1187, HB1188, HB1189, HB1190, HB1192, HB1193, HB1194, HB1195, HB1196, HB1197, HB1198, HB1199, HB1200, HB1201, HB1202, HB1203, HB1204, HB1205, HB1206, HB1207, HB1208, HB1209, HB1210, HB1211, HB1212, HB1213, HB1214, HB1215, HB1216, HB1217, HB1218, HB1219, HB1220, HB1221, HB1222, HB1223, HB1224, HB1225, HB1226, HB1227, HB1228, HB1229, HB1230, HB1231, HR73, HR74, HR75, HR77, HR78, HR79, HR80, HR81, HR83, HCR36, HCR37, HCR38, HCR39, HCR40, HCR41, HB368, HB433, HB1017, HB1018, HB1019, HB1020, HB1021, HB1022, HB1023, HB1024, HB1025, HB1026, HB1027, HB1028, HB1029, HB1030, HB1031, HB1032, HB1033, HB1034, HB1035, HB1036, HB1037, HB1038, HB1039, HB1040, HB1041, HB1042, HB1043, HB1044, HB1045, HB1046, HB1047, HB1048, HB1049, HB1050, HB1051, HB1052, HB1053, HB1054, HB1055, HB1056, HB1057, HB1058, HB1059, HB1060, HB1061, HB1062, HB1063, HB1064, HB1065, HB1066, HB1067, HB1068, HB1069, HB1070, HB1071, HB1072, HB1073, HB1074, HB1075, HB1076, HB1077, HB1078, HB1079, HB1080, HB1081, HB1082, HB1083, HB1084, SB111, SB122, SB195, SB221, SB404, HR1, HCR6, HCR19, HB27, HB81, HB134, HB154, HB163, HB170, HB194, HB214, HB217, HB220, HB254, HB259, HB290, HB308, HB311, HB360, HB382, HB401, HB410, HB417, HB463, HB514, HB575, HB592, HB718, HB723, HB750, HB755, HB776, HB812, HB830, HB838, HB844, HB882, HB885, HB888, HB950, HB961, HB966, HB980, HR15, HR20, HCR14, HB58, HB69, HB93, HB166, HB199, HB201, HB202, HB218, HB223, HB224, HB231, HB235, HB246, HB338, HB349, HB352, HB379, HB405, HB429, HB535, HB547, HB577, HB588, HB626, HB636, HB652, HB653, HB669, HB688, HB691, HB721, HB738, HB806, HB851, HB857, HB861, HB889, HB904, HB907, HB908, HB929, HB1009, HB13, HB23, HB25, HB32, HB41, HB90, HB120, HB121, HB122, HB127, HB138, HB139, HB141, HB179, HB187, HB213, HB247, HB286, HB332, HB344, HB357
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Sep 9th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • rental revenues and tours.
  • Some other revenue and then leased interest revenues.
  • So we could focus purely on revenue, but there are customers that might pay a higher revenue but have
  • Have that revenue come in. So there's something there.
  • We charge revenues currently and use up our expenses, but we can't use those revenues until like 18 months
US
Transcript Highlights:
  • Greer has committed to make his case before us, rather than ignore us.
  • Jameson's approach is guided by a commitment to fair and reciprocal trade.
  • Thank you for your commitment to service.
  • Another one they're talking about is revenue, and I just want to kind of go...
  • Through what kind of revenue amounts are you talking about?
TX
Transcript Highlights:
  • About 88% of total revenue-related funds for 2026-27 is projected to come from tax revenues.
  • , and all state funds, which is general revenue, general revenue dedicated, and other funds, and how
  • committed to $10 billion.
  • So in the all-state funds category, that's your general revenue, general revenue dedicated, and other
  • In the all-state funds category, that's your general revenue, general revenue dedicated, and other funds
Bills: SB 1
Summary: The Senate Finance Committee convened for its first hearing of the 89th regular session, confirmed a quorum, adopted committee rules by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the committee’s organization, introduced staff, and described the budget as conservative and focused on one-time investments. She highlighted major SB 1 priorities including property tax relief, full funding for public education formulas, teacher pay, school safety, border security, Medicaid growth, dementia research, energy and water infrastructure, transportation, wildfire suppression, and other capital and public safety needs. Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending in 2026-27, with a projected $23.8 billion ending balance from the current biennium. He cautioned that revenue growth is returning to more normal levels and that lawmakers should avoid committing short-term surpluses to ongoing expenses. He also explained that the Economic Stabilization Fund is projected to hit its constitutional cap, meaning an estimated $5.6 billion in severance tax and related revenue would remain in general revenue in the upcoming biennium rather than flow into the fund. Senators discussed whether to raise or rename the fund and the implications of keeping more severance-tax revenue in general revenue. The Legislative Budget Board then gave an overview of SB 1 and the budget’s major funding changes. LBB staff explained that the bill is essentially flat at $332.9 billion in all funds, but includes large method-of-finance shifts and major property tax relief. They detailed how prior property tax relief enacted in the 88th Legislature grew from an estimated $18 billion to $22.7 billion because of higher property values and hold-harmless provisions, and said SB 1 continues that relief with a total of $51 billion in ongoing and new property tax support. Members asked extensive questions about the automatic growth in school tax compression, the constitutional homestead exemption, COVID-era federal funding, Medicaid assumptions, and the sunset of the non-homestead circuit breaker. No additional votes or final budget actions were taken beyond adoption of the committee rules.
DE
Transcript Highlights:
  • That level of commitment deserves recognition.
  • The official general revenue estimate for fiscal year 2027.
  • Likewise, in simple terms, JFC Revenue income.
  • This packet, No more than 98% of projected revenue.
  • The committee committed over $146 million in one-time funding.
Summary: The House convened with a quorum present, opened with a moment of silence for Ted Williams, prayer, and the Pledge of Allegiance. Members then accepted the previous day’s minutes and moved into a series of recognitions, beginning with House Resolution 27 designating June 24, 2026 as Staff Appreciation Day. The resolution was adopted by voice vote, and the chamber spent much of the meeting honoring legislative staff across both caucuses, with members and staff introducing themselves and being recognized for years of service and behind-the-scenes work. The House also recognized staff member Justin, who is leaving for a position with the Delaware State Board of Education, and later gave farewell remarks for Representative Kevin Hensley and Representative Charles Postles, both of whom are retiring. Numerous members spoke in tribute to their service, constituent work, and personal character, and both Hensley and Postles offered remarks thanking colleagues, staff, and family. The House then received communications from the Senate, including several bills and resolutions passed and returned, and a notice of Senate concurrence on other measures. Representative Wilson-Anton made a brief statement explaining her vote on Senate Bill 100 and reaffirming support for marriage equality and related civil rights issues. The chamber also took up Senate Joint Resolution 16 and Senate Joint Resolution 17, which set the official revenue estimates for fiscal years 2026 and 2027; both were read, called to roll, and passed by constitutional majority votes of 37-4 and 40-1, respectively. Finally, the House considered Senate Bill 335, the operating budget for fiscal year ending June 30, 2027. Representative Williams presented the budget on behalf of the Joint Finance Committee, describing major funding items including raises for state and education employees, health insurance and retiree benefit funding, developmental disability services, Medicaid growth, purchase of care, and maintenance of reserve funds. Several members praised the committee’s work, while Representative Shupe said he would vote no, citing concerns about the budget’s 6.3% growth despite appreciating the committee’s effort. After the budget presentation and comments, Leader Harris moved that the House recess for party caucuses, and the House stood in recess until the call of the bell.
KY
Transcript Highlights:
  • See if we can get to benefit as far as commitment to the benefit as far as commitment to the employees
  • <00:25:50.159> to in you and we are being committed to in you and we are being committed to
  • .. um shows the total revenue.
  • Revenue to the district.
  • having revenue coming in? having revenue coming in?
Summary: The committee first handled routine business, including roll call, introductions, and approval of the previous meeting minutes by voice vote. It then heard a presentation on SB 253, focused on expanding support for teacher apprenticeship and teaching-and-learning pathways. Senator Hickman and staff from the Kentucky Department of Education and Nelson County Schools described how the program uses dual credit, work-based learning, and registered apprenticeship to help students earn an associate degree in high school and continue toward a teaching degree. They said the goal is to address the teacher shortage by creating a sustainable pipeline into the profession. Witnesses emphasized that the main barrier is cost. Mary Taylor said Kentucky’s youth apprenticeship model has been successful in other fields and that education should be added as an in-demand sector, but an associate degree alone will not solve the teacher shortage because teachers still need a bachelor’s degree and certification. Laura Arnold of Nelson County Schools described the district’s Lead Nelson program, saying the district has invested more than $800,000 since 2021, currently has 37 students in the pathway and seven committed apprentices, and spends about $85,000 per apprentice from freshman year through certification. She said district staffing, planning, and university partnerships are also significant hurdles. Members asked about job guarantees, tenure, and retirement; Arnold said employment is performance-based and retirement issues are being considered. Senator Hickman said the bill would use lottery funds to help cover tuition and dual credit costs so more districts can participate, noting that a prior version died because of a high fiscal note. Representative Payne and Representative Tipton praised the program but stressed the need for funding and noted inconsistencies between statute and budget language on Work Ready Kentucky and dual credit support. Representative Tipton also cautioned that lottery revenue may not keep pace with demand and said the General Assembly may need to make broader funding decisions. After the apprenticeship discussion, the chair moved the committee to the next agenda item on computer science and AI literacy, where Code.org began a presentation on the importance of computer science for all students.
FL

Florida 2026 5th Special Session

Appropriations Oct 8th, 2025

Transcript Highlights:
  • We met to adopt the new general revenue forecast.
  • And so the money was then free to use in the general revenue fund.
  • And so the money was then free to news in the general revenue fund.
  • And so the money was then free to news in the general revenue fund.
  • commitments that you had previously made.
Summary: The committee met to hear Amy Baker’s presentation on Florida’s constitutionally required long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast reflects slower but still positive economic growth, continued above-average personal income growth, rising wages, and population growth that is increasingly driven by in-migration as Florida’s senior population expands. She highlighted weakening housing-related revenue, especially documentary stamp taxes, softer consumer sentiment, and the expectation that Florida will pass 25 million residents by 2030, with nearly a quarter of the population age 65 or older. Baker said the outlook largely retained the March 2025 general revenue forecast, but the Legislature’s 2025 session actions significantly improved near-term funds available by redirecting or freeing up money, including contingency appropriations and reversions. She noted total state reserves are just under $15 billion, or about 30% of general revenue, and that the budget stabilization fund is at its constitutional maximum. The main spending pressures in the outlook were critical needs, led by a new emergency preparedness and response fund transfer and Medicaid growth driven mainly by medical inflation and behavioral analysis costs in managed care, not by caseload growth. Other high-priority needs were also identified, and Baker said the first year shows a projected surplus, but years two and three show shortfalls, meaning fiscal strategies will still be needed. Members questioned Baker about the accuracy of the forecast, Medicaid managed care costs, the emergency preparedness fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook is a good representation of the total picture, though the Legislature will likely adjust it as conditions change, and that more information on federal changes would come in later estimating conferences. Senator Trumbull asked about the governor’s veto of $750 million, and Baker said it simply returned to unallocated general revenue rather than being spent or added to the budget stabilization fund. The chair closed by warning members to expect a difficult budgeting process and noting that the committee would adjourn without further action.
CA
Transcript Highlights:
  • tax revenue by $560 million in 2026-27.
  • And the revenue estimate assumes revenue losses of $25 million in 2026-27, and $100 million in the following
  • To be clear, we're scoring this as a revenue, revenue loss and, you know, the figures I cited, they're
  • On the other hand, the loss of revenue is certainly difficult as we're looking at finding revenue.
  • We don't make revenue off of them.
Keywords: 988, house, all
Summary: The committee heard a series of May Revision budget items, beginning with the State Controller’s Office. SCO described requests for Fiscal Book of Record stabilization, payroll system implementation, ACFR reporting support, and unclaimed property outreach funding. Members focused on the Fiscal system’s July go-live, the improved timeliness of the ACFR, and the unclaimed property program’s roughly $15 billion balance and outreach efforts. The Department of Finance and LAO raised no major concerns, and the item was closed after discussion of how the new outreach funding would be used. The committee then considered several revenue proposals. Finance presented a proposal to tax pre-written digital software and SaaS, with estimated General Fund gains of $450 million in 2026-27 and $900 million ongoing; LAO suggested broader digital tax changes and a business-use exemption, while industry groups opposed the measure as a tax on essential digital tools. CDTFA also presented an administrative request tied to the software tax, and later a $10 million budget reduction reflecting lower operational needs. The committee then heard a federal conformity proposal for new children’s tax-deferred accounts, which LAO supported, and a proposal to cut the first-year LLC/LP minimum tax from $800 to $400, which Finance said would aid small business formation but LAO argued was poorly targeted and would reduce revenue. Another major item was a permanent business tax credit limitation beginning in 2027, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability. Finance said it would raise about $850 million in 2026-27 and more in later years, while LAO noted it would mainly affect large firms using the R&D credit and could also touch California Competes and other programs. Public testimony split sharply between business groups opposing the cap and advocates supporting it as a progressive revenue measure. The committee also heard FTB’s CalFile realignment proposal, which would retain a smaller staff to continue improving the free filing system and return most of the prior funding to the General Fund. The hearing concluded with the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which brings in about $221,000 to $266,000 annually for arts grants and teacher stipends. Members and advocates supported the item but also urged larger arts funding, including the Performing Arts Equitable Payroll Fund. The Governor’s Office of Business and Economic Development then presented proposals for the California Civic Media Program, CA RISE reappropriation, and a reversion of unused Chips for America facility funds; LAO supported the latter two but was cautious about new civic media spending. Members raised concerns about the civic media program’s scope, including the exclusion of broadcast and the lack of a specific ethnic media set-aside, while GoBiz said funds would begin going out in the fall if approved.
MN

Minnesota 2025-2026 Regular Session

November 2025 State Budget and Economic Forecast Presentation - 12/04/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Moving to the revenue forecast.
  • <00:15:05.920> The Moving to the revenue forecast. The Moving to the revenue forecast.
  • individual income tax and other revenue individual income tax and other revenue more<00:15:34.560
  • July 2025 revenue and economic update. July 2025 revenue and economic update.
  • $9.5 billion more than revenue. $9.5 billion more than revenue.
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • Ten years ago, revenues didn't look quite as robust as they do now.
  • We'd love to see the legislature exceed this commitment.
  • There are some quarters where revenue has been really low.
  • It's the fare box revenue, or the revenue generated by the transit agency, as well as the population
  • We also ask the legislature to reduce Revenue allowances and offsets ride more GGRF revenue.
Keywords: 988, house, all
MN

Minnesota 2025 1st Special Session

House Taxes Committee 1/23/25

Taxes

Transcript Highlights:
  • > um<00:17:50.440> is revenue dedicated tax revenue um is revenue dedicated tax revenue um
  • Those revenue patterns are much smoother relative to state tax revenues and intergovernmental revenue
  • /c> revenue a local tax revenue revenue a local tax revenue again<00:34:28.639> is<00:34:28.879
  • c> the Revenue federal revenue during the Revenue federal revenue during the pandemic<00:36:32.400
  • revenue and um and state tax revenues revenue and um and state tax revenues there's<00:37:57.000
Keywords: 1183, house
Summary: The House Tax Committee met to receive a presentation from House Fiscal staff Cynthia Templin and Katrina Heimark on state tax revenues, property tax aids and credits, and key budget terms and timelines. They explained the difference between fiscal years, tax years, biennia, the general fund, and dedicated funds, and reviewed the legislative budget calendar, including the governor’s January budget recommendation, the February forecast update, March budget resolution deadlines, and the expected end of session in May. The presentation focused on how Minnesota tax revenue is collected and where it goes. House Fiscal said fiscal 2024 total revenue for public services was about $102.5 billion, with $46.5 billion coming from state and local taxes. Of total state tax revenue, about 85% goes to the general fund and about 15% is dedicated to other funds. They noted that income and sales taxes make up the largest share of state collections, while local property taxes are the largest share of local revenue. They also reviewed constitutional and statutory dedications, including the Legacy sales tax dedication, the motor vehicle sales tax dedication to transportation, and the auto parts sales tax dedication that was changed in 2023 to a 100% transportation dedication phased in over 10 years. Members asked several questions about slowing income tax growth, possible effects of migration and corporate departures, and whether changes in population or wages were affecting revenue trends. Templin said she was not aware of recent independent or MMB studies tying revenue loss to migration, but would look into it. Members also discussed the sharp rise in tax receipts in fiscal 2021 and 2022 after the pandemic downturn, with staff explaining that the low fiscal 2020 base and a shift toward goods purchases during COVID helped drive the increase, especially in sales tax revenue. No bills were taken up and no votes were recorded during this portion of the meeting.