Video & Transcript Research : 'foreclosure surplus'
Page 47 of 117
AR
Arkansas 2026 1st Special Session
ALC-HIGHWAY COMMISSION REVIEW AND ADVISORY SUBCOMMITTEE Mar 16th, 2026
ALC-HIGHWAY COMMISSION REVIEW AND ADVISORY SUBCOMMITTEE
Transcript Highlights:
- There are four properties, four surplus properties, that we sold since the last meeting.
- There are four properties for surplus properties that we sold since the last meeting.
Summary:
The committee received a report from Director Wiley of the Arkansas Department of Transportation on a series of routine and quarterly items, including the closeout of the department’s efficiency review. Wiley said all five remaining recommendations from that review had been implemented, highlighted a new public maintenance dashboard on the agency website, and reported four surplus properties sold since the last meeting. He also noted that ARDOT had obligated $3.14 billion in Infrastructure Investment and Jobs Act funding to date and reviewed the annual expenditure report tied to 2019 revenue changes, which funded $98.7 million in maintenance projects last year.
Members asked about the balance between maintenance and new construction, with Wiley saying about 75% of construction dollars go to maintaining the existing system and that ARDOT’s overall spending is overwhelmingly focused on upkeep because of the size of the state highway network. He also discussed major projects and corridor priorities, including Interstate 57 and Highway 5 work in Lonoke County, Interstate 49 public meetings, passing-lane improvements on Highway 412/62 in north central Arkansas, Highway 82 widening in south Arkansas, and long-range plans to widen Interstate 40, possibly including a toll study. On the Toad Suck Bridge flood mitigation project, he said the design had been revised to reduce public impacts and would not require a long-term bridge closure.
The committee also discussed safety and enforcement tools in work zones. Wiley said new work-zone cameras and cell phone detection tools were being used on projects such as I-30, I-57, and I-49, mainly to improve safety rather than issue citations. In addition, he said ARDOT spends about $8 million annually on litter control and is expanding anti-litter efforts, including a spring cleanup day involving more than 2,500 operations employees and some office staff. He also announced agency initiatives on human trafficking awareness training for field and office staff and the Street Smart education program for middle school students, with plans to expand it to high school content next year. No votes were taken, and the meeting adjourned after the director’s presentation and member questions.
AR
Arkansas 2026 1st Special Session
ARKANSAS LEGISLATIVE COUNCIL (ALC) Feb 20th, 2026
ARKANSAS LEGISLATIVE COUNCIL (ALC)
Transcript Highlights:
- On the original forecast, they had $185 million surplus before we had the 160.
- So this new forecast, DFNA, had a surplus of around $334 million, which I say will be reflected next
Summary:
The meeting opened with prayer, approval of the prior minutes, and a monthly revenue report from the Bureau of Legislative Research. The report showed gross general revenue collections up year to date and net general revenue above forecast, with the increase attributed in part to income tax growth, a fiscal-year shift, and lottery-related collections. Members asked no questions, and no action was required on the revenue report.
Several subcommittee reports were then presented and adopted, including executive, administrative rules, game and fish/state police, hospital/Medicaid/developmental disability, occupational licensing, PEER, revenue, state insurance programs, and personnel. The executive report noted a waiver request for Jackson County School District construction services and an audit with no findings. The administrative rules report covered agency directives, rulemaking updates, and a few rules pulled for later consideration. The revenue subcommittee held one District 4 tire removal contract until its next meeting, while the state insurance subcommittee reviewed the EBD contract with Boston Consulting Group and approved pharmacy formulary and drug recommendations.
A substantial portion of the meeting focused on the State Insurance Department’s examination of pharmacy benefit managers, especially Navitus Health Solutions. Commissioners and staff explained that Navitus objected to producing certain claims data for self-funded plans, raising an ERISA preemption argument, and that the matter was being set for an administrative hearing, likely in April. Members questioned compliance, due process, and the implications of the objection, while the department said the state initiated the examination and was continuing to seek resolution. The committee also reviewed an Arkansas Teacher Retirement System agreement, with one member noting a potential conflict and abstaining. The meeting ended after members reviewed additional reports with no further action and adjourned.
AR
Arkansas 2026 Regular Session
ARKANSAS LEGISLATIVE COUNCIL (ALC) Feb 20th, 2026
ARKANSAS LEGISLATIVE COUNCIL (ALC)
Transcript Highlights:
- On the original forecast, they had $185 million surplus before we had the 160.
- So this new forecast, DFNA, had a surplus of around $334 million, which I say will be reflected next
Summary:
The committee met and opened with a prayer, then approved the prior meeting minutes and received the monthly revenue report from the Bureau of Legislative Research. The report showed gross general revenue collections up year to date and net general revenue above forecast, with the staff noting changes driven by casino gaming transfers, income tax growth, and a lottery-related collection. No action was required on the revenue report.
Several subcommittee reports were then presented and adopted, including the executive committee, administrative rules, game and fish/state police, hospital/Medicaid/developmental disability, occupational licensing, PEER, revenue, state insurance programs, and personnel. Topics included a Jackson County School District cooperative purchasing waiver, rulemaking updates from several agencies, federal immigration and wildlife issues, SNAP and Medicaid waiver reimbursement rates, occupational authorization reviews, temporary appropriations and transfer requests, a tire removal contract held for later review, EBD pharmacy and medical drug recommendations, and personnel items. The PEER report also included questions to the State Broadband Director about a provider with delinquent property taxes; he said the provider would not be brought forward until the issue is resolved and that broadband grant payments are tied to performance milestones.
The most extended discussion came during review of a State Insurance Department report on pharmacy benefit manager oversight. Commissioners and members questioned Navitus Health Solutions’ refusal to provide certain claims data for self-funded plans in an affiliate pricing examination. The department said the matter is being briefed and set for an administrative hearing, likely in April, and that the dispute centers on ERISA preemption and state authority to request the data. Members also asked about the status of the other PBMs under review and whether they had raised similar objections. After all reports were adopted or filed as reviewed, the meeting adjourned with no further business.
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 3/24/26
State Government Finance and Policy
Transcript Highlights:
- testimony, but your conservative think tank because at a time where we just wasted an 18 billion dollar surplus
- testimony, but your conservative think tank because at a time where we just wasted an 18 billion dollar surplus
- testimony, but your conservative think tank because at a time where we just wasted an 18 billion dollar surplus
- testimony, but your conservative think tank because at a time where we just wasted an 18 billion dollar surplus
- testimony, but your conservative think tank because at a time where we just wasted an 18 billion dollar surplus
Keywords:
Inspector General, fraud prevention, state audit, public funds, misuse, transparency, government accountability, HF4482, Minnesota Historical Society, state historic sites, historic site management, historic preservation, county historical society, local historical society, municipality, county government, admission fees, grants-in-aid, site operations, site maintenance
MO
Transcript Highlights:
- They also oversee surplus property and recycling programs.
- Page 326 is the surplus property recycling core.
- Page 337 is the surplus property recycling transfer section.
- Page 342, surplus property proceeds.
- Back real quick on the surplus property transfer on 347, and it looks like we're maybe selling more surplus
MN
Transcript Highlights:
- We are in a deficit, but when we had an 18 billion surplus there was still no relief for veterans, there
- We are in a deficit, but when we had an 18 billion surplus there was still no relief for veterans, there
- We are in a deficit, but when we had an 18 billion surplus there was still no relief for veterans, there
- We are in a deficit, but when we had an 18 billion surplus there was still no relief for veterans, there
- We are in a deficit, but when we had an 18 billion surplus there was still no relief for veterans, there
Keywords:
HF169, Minnesota insurance, health plan, summary of benefits and coverage, SBC, patient assistance program, deductible, health insurer, consumer disclosure, out-of-pocket costs, medical assistance funds, copay assistance, health coverage transparency, chapter 62Q, enrollee, HF195, Fairmont, street reconstruction, bonding bill, capital investment
NH
Transcript Highlights:
- The other thing you’ll see is we heard testimony that there was a lot of consternation about surplus,
- This allows for the first time the surplus to be deposited into that non-LPS account, so it would be
- and some of the pools about Surplus and some of the pools didn't<02:04:38.239>
thought <02:04: - to be do deposited into that the Surplus to be do deposited into that non-aps<02:04:54.199>
account - With respect to the benefits that are, if the surplus was deposited into that dedicated non-LPS fund,
MN
Minnesota 2025 1st Special Session
Conference Committee on HF2431 5/16/25 - Part 2
Transcript Highlights:
- ability to recognize a student or parental contribution that is less than $500 in the event of a surplus
- make that adjustment before increasing the living and miscellaneous expense allowance when it had a surplus
- <00:25:27.039>
The <00:25:27.279>Senate <00:25:27.600>proposes it had a surplus - The Senate proposes it had a surplus.
- application of subdivision 7A, which would permit OHE to increase state grants in the event of a surplus
TX
Transcript Highlights:
- Hey guys, the Arizona K-12 budget is actually in surplus and this year the entire... state budget is
- in surplus.
- We took $8 billion, $8 billion last session from Overages extra surplus in our property taxes that should
- budget It is under our overall K-12 budget, and our overall K-12 budget has a 28%... million dollar surplus
- We have a record surplus in our state budget.
Keywords:
education savings account, educational expenses, certified educational assistance organization, school choice, funding, special education, tuition reimbursement, emergency communication, public safety, interoperability, Texas Interoperability Council, grant program, emergency communications, public safety radio, first responders, radio system, dispatch, 911, emergency management, Texas Division of Emergency Management
NE
Nebraska 2025-2026 Regular Session
Health and Human Services Committee - Room 1510 Jun 30th, 2026 at 02:00 pm
Transcript Highlights:
- Maybe it becomes a property, a surplus property that can be sold, whatever. It's irrelevant.
- recognition that after COVID not all the regional centers drew down their annual budgets, and there was a surplus
- that that after COVID not all the regional centers drew down their annual budgets and there was a surplus
Summary:
The Health and Human Services Committee held an invited-testimony hearing on LR 425, which examines the Whitehall campus in Lincoln and possible long-term options for youth currently served there. Chair Brian Hardin explained that Whitehall houses two separate programs for adolescent males: a substance use program and a youth-who-sexually-harm program. Testimony from DHHS officials described Whitehall as a Joint Commission-accredited psychiatric residential treatment facility (PRTF) that provides about 40 hours of weekly programming, family involvement, school services, and community reintegration activities. Officials said the department is evaluating whether the programs should remain at Whitehall or move to another state-owned facility, with Hastings described as the department’s preferred alternative because it is more residential in design than a youth rehabilitation treatment center (YRTC).
MA
Massachusetts 2025-2026 Regular Session
Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- Sear, utilizing surplus land at Cape Cod Community College.
- Seer, utilizing surplus land at Cape Guard Community College.
- Sear, unlocking housing on surplus land. Question comes on adoption of the amendment.
Summary:
The Senate took up a higher education capital bond bill, House 4769, and considered a long series of amendments focused largely on campus facilities, housing, and related policy issues. Many amendments were adopted, including funding or project language for MassBay Community College HVAC and window replacement, Massachusetts Maritime Academy, Springfield Technical Community College, Cape Cod Community College nursing/allied health expansion and housing-related land use, Worcester State University and Quinsigamond Community College, Middlesex Community College, Salem State’s Sullivan Building, Roxbury Community College’s Center for Economic and Social Justice, UMass Boston’s Manning College of Nursing and Health Sciences, and several Massachusetts State College Building Authority updates. Some amendments were rejected, including proposals on a sustainable hand hygiene incentive program, unlocking housing on surplus land, a Senator Bill Owen Center designation, Urban College of Boston, and a board membership change. A number of amendments were held or withdrawn during the process.
A major debate centered on an amendment by Senator Tarr to dedicate $300 million of surtax revenue to K-12 education, framed as a response to Chapter 70 funding concerns and the need to modernize school aid. Supporters argued that local districts face rising costs and that the state should set aside fair share revenue for school funding and future school building investments. Opponents said the bill was the wrong vehicle and noted the Commonwealth already dedicates substantial surtax revenue to K-12 programs. The amendment was defeated by roll call. Tarr also offered amendments on a safety valve for surtax revenue declines, equity analysis of surtax allocations, bond covenant requirements, and Chapter 62F taxpayer protections; those were not adopted. The Senate also adopted a separate amendment on AP credit policies at public higher education institutions, though the transcript reflects some procedural confusion around that vote.
After completing amendments, the Senate ordered the bill to a third reading and then passed it to be engrossed by a recorded vote of 38-0. Senators then adopted several extension orders giving committees additional time to report on pending bills, including Environment and Natural Resources and Municipalities and Regional Government. The chamber also adopted an order to meet again the following Monday at 11 a.m. The session concluded with a unanimous memorial adjournment in honor of Bolton Police Chief Luke Hamburger, followed by a brief statement recognizing Rare Disease Day and the challenges faced by patients seeking diagnosis and treatment.
FL
Transcript Highlights:
- So currently in the admitted market, which is our primary Regulatory oversight operates in the surplus
- lines market, which is where this would be a commercial clearinghouse for surplus lines policies in
- And I think we are typically would have or is customary in that in surplus lines market.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Feb 14th, 2026 at 10:04 am
House Appropriations & Finance
Transcript Highlights:
- So the request for capital outlay would decrease, but now let's say you had a surplus of $150-some million
- Had a surplus of $150-some million.
- So what if there was this huge surplus and you had money?
Summary:
During the legislative meeting, House Bill 287 was discussed, which proposes the establishment of a permanent Health and Human Services Committee to oversee the state's $14.4 billion expenditure in this area. An amendment to the bill was adopted, which clarified funding and operational details. Public comments were solicited, but no one spoke in opposition. The committee ultimately voted, with some members expressing concerns about budget implications, but the motion to pass the bill as amended was made and seconded, with several members opposing it.
House Bill 371 was also addressed, which focuses on creating an Acequia Infrastructure Fund to support land grant and Acequia communities. The bill aims to provide a financial mechanism for these communities to access funds for infrastructure projects without relying on capital outlay requests. The committee discussed the bill's implications, potential funding sources, and the need for further amendments regarding representation and oversight. A motion to pass the bill was made, with some opposition noted, particularly regarding the lack of specificity in the bill's provisions.
Lastly, Senate Bill 143 was presented, which seeks to raise the caps on inspection fees under the Egg Grading Act, among other agricultural regulations. Supportive testimony was provided by representatives from agricultural organizations, emphasizing the need for updated fee structures. The committee engaged in discussions about the bill's implications for consumers and the agricultural sector, ultimately moving towards a vote to pass the bill.
WA
Washington 2025-2026 Regular Session
JLARC – Joint Legislative Audit & Review Committee May 14th, 2025
Transcript Highlights:
- specific data prevents analysis of the exact scale of this overproduction or what happens to the surplus
- The Washington State Institute for Public Policy suggested in a recent report that surplus cannabis may
- This particular JLARC study was unable to evaluate what has... ...happens to surplus cannabis.
Summary:
At the May 14, 2025 JLARC meeting, members approved the January 9 minutes and adopted the 2025–27 biennial work plan with a minor typo correction. Staff reviewed the new work plan studies, including a drug take-back program fee/expenditure review due in December 2025 and a state energy performance standard compliance review due in June 2027, and noted JLARC’s recent session activity, including several bills passed related to JLARC work and recommendations.
The committee then heard a preliminary cannabis market study showing Washington businesses likely produced two to three times more cannabis than retailers sold in 2023. Staff and RAND said LCB’s data systems are incomplete and unreliable, limiting regulation, tax verification, and diversion tracking; they recommended that LCB submit a plan by year-end for collecting accurate data by the end of 2026. Members and LCB discussed the long timeline for a new traceability system, the causes of missing sales and weight data, overproduction, diversion, and the social equity program’s effect on producer licenses.
JLARC also presented a preliminary hospital oversight report concluding that the Department of Health is late on many hospital inspections, does not verify third-party inspection standards, does not review adverse health event correction plans, and could make hospital data more accessible. The committee discussed fee funding, language access, and inspection timing, and DOH said it would work on a strategic plan and continue coordinating with JLARC. Members also heard a preliminary report on the public records survivor exemption, which found agencies are using it but need more guidance; JLARC recommended keeping the exemption and having the Attorney General provide additional training. Finally, the committee approved the DDA processes and staffing final report for distribution, which recommended performance metrics, stronger data quality controls, and workforce planning; DDA concurred. JLARC also introduced proposed study questions for a future DCYF juvenile rehabilitation review focused on safety, security, programs, staffing, education, and contraband, and the meeting adjourned after members asked about scope and facility conditions.
TX
Transcript Highlights:
- year that called for Texas to consider what several communities nationwide have done to reutilize surplus
- simply direct the Texas Department of Housing and Community Affairs to evaluate the availability of surplus
- This study would give us a better picture of what our surplus property is and the feasibility of repurposing
Bills:
HB158
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 26th, 2025
Transcript Highlights:
- Number one, I think that a lot of our agencies got kind of addicted to a, you know, surplus-era notion
- We were, you know, blessed enough to enjoy a year with a $74 billion budget surplus, a year with a $100
- billion budget surplus.
Summary:
The committee held an informational hearing on transportation agency budget proposals and did not take any votes. The first major discussion focused on the Motor Vehicle Account shortfall and a proposed one-time $166 million transfer from the Air Pollution Control Fund and Greenhouse Gas Reduction Fund to offset California Air Resources Board mobile source costs. Department of Finance and the LAO described the account’s long-running structural deficit, driven largely by employee compensation growth and REAL ID-related workload, while members criticized the use of Proposition 4, GGRF, and other one-time or redirected funds as backfills and urged a longer-term solution that addresses both revenues and expenditures.
The committee then heard Caltrans’ request for $25 million in General Fund support to create a Clean California Community Cleanup and Employment Pathway Grant Program. Caltrans said the program would build on the prior Clean California effort by funding local litter and graffiti cleanup, community engagement, and workforce pathways for vulnerable populations. The LAO recommended rejecting the proposal, arguing that local litter abatement is not a core state responsibility and that one-time funding is unlikely to solve persistent local cleanup needs. Several members echoed those concerns, while public commenters split between support for the cleanup/employment model and calls to instead restore funding to the Active Transportation Program and transit operations.
The Tahoe Regional Planning Agency requested that California administratively recognize Tahoe’s federally designated population figure for state formula-based transportation funding, which would raise the population count used in formulas from 40,000 to 145,000. The agency said the change would not request new money but would better align state formulas with federal law and support a shared regional funding framework; members appeared generally supportive, though they noted the need to phase in the change to reduce impacts on other regions.
The final presentation was on High-Speed Rail. The LAO reviewed the authority’s project update report, noting that it did not fully meet statutory requirements and that key details are still pending in a supplemental report expected later in the summer. The LAO said the Merced-to-Bakersfield segment still shows an estimated roughly $7 billion funding gap, with no specific plan to close it, and highlighted risks from federal review, inflation, and uncertain GGRF revenues. High-Speed Rail Authority staff said they are conducting a bottom-up review of scope, schedule, ridership, and costs, expect to provide updated information by late summer, and are exploring public-private partnerships and other financing strategies. Members stressed that no further funding commitments should be made until the updated analysis is available.
NM
Transcript Highlights:
- The fact that you've got this revenue surplus is allowing you to not only take care of today's needs,
- That's why you're trying not to blow through the surplus all at once.
- premium increases that the state general fund will ultimately bear using other state funds that are surplus
AR
Arkansas 2026 Regular Session
ARKANSAS LEGISLATIVE COUNCIL (ALC) Jun 19th, 2026
ARKANSAS LEGISLATIVE COUNCIL (ALC)
Transcript Highlights:
- they take into account this growth that we have seen here from February to May, and they have the surplus
- The surplus for this fiscal year is $585.8 billion.
Summary:
The meeting began with a quorum call, prayer, and approval of the previous minutes. Members then adopted a resolution honoring Lori McDonald of the Department of Human Services for nearly 28 years of state service, with remarks praising her legislative work, constituent services, leadership, and emergency response roles. McDonald thanked the committee, and the Senate also presented her with a citation, flag, and commemorative coin.
The committee received the May 2026 revenue report, which showed gross adjusted collections of $7.76 billion year-to-date, up 4.4% from the prior year, and a projected surplus of $585.8 million. The executive subcommittee report was adopted, covering emergency rules for DHS and the Department of Education, school district waiver requests, committee fund allocations, cancellation of the July ALC meeting, and authorization for subcommittees to meet in July on urgent matters. The administrative rules report was also adopted after members noted that most rules were approved, with a few pulled by agencies or held.
Members then heard a lengthy exchange on the Arkansas Education Department’s ClassWallet contract and delays in expense review for education savings account payments. Department officials said they were meeting regularly with ClassWallet, enforcing contract standards, keeping some reviews in-house, and adding staff and technology improvements to speed processing while maintaining oversight. The committee also adopted reports from Game and Fish and State Police, Hospital/Medicaid/Developmental Disabilities, Lottery Oversight, Occupational Licensing Review, Peer Review, Review, State Insurance Programs Oversight, and Personnel, including a Department of Commerce reallocation tied to a broader shared-services realignment.
Under review of communications, members filed several retirement system investment items as reviewed, approved rural community grant funding, gave favorable advice for state park additions, approved special maintenance funding for state parks, and filed Office of State Technology service-rate changes as reviewed. The meeting concluded with no new business and adjournment.
AR
Arkansas 2026 Regular Session
REVENUE & TAXATION- HOUSE May 4th, 2026
Transcript Highlights:
- Is that before the $310 million that we have in surplus?
- Will that reduce the surplus from $310 down to $163.5? I believe that is correct. That's correct.
Summary:
The committee heard House Bill 1001, sponsored by Representative Les Eaves, which would lower the individual income tax rate to 3.7% retroactive to the current year and reduce the corporate rate to 4.1% beginning in 2027. Eaves argued the bill continues Arkansas’s recent tax-cut strategy, would provide broad relief to working families, and would keep the state competitive while preserving future surpluses rather than cutting existing services. He and Representative Bray emphasized that prior tax cuts have benefited taxpayers and supported economic growth.
Several opponents testified against the bill, including representatives from Arkansas Appleseed, Arkansas Advocates for Children and Families, a pastor, and individuals speaking about disability services and food insecurity. They argued Arkansas cannot afford further revenue reductions given needs in public education, early childhood care, Medicaid and food assistance, rural hospitals, and supported living services. Witnesses said the tax cut would disproportionately benefit higher earners while providing little or no relief to lower- and middle-income families, and urged the committee to prioritize public investments over tax cuts.
After debate, the committee adopted a motion to limit witness testimony to five minutes each. Representative Eaves closed on the bill and moved to pass it. Following discussion, the committee voted to pass HB 1001, and the meeting adjourned.
AR