Video & Transcript Research : 'budget stabilization'
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MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 10:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- Given that this is budget testimony, a lot of Well, given that this is budget testimony, a lot of what
- And the governor's budget for FY26 proposed DMH's budget at about $1.275 billion, almost $1.3 billion
- This is actually the largest budget we've ever seen. That's a 7% increase over last year's budget.
- In addition to DMH's budget, the governor's budget, the governor's budget, In addition to DMH's budget
- And is there money in your new budget to keep Pocasset open in the next budget?
Summary:
The committee heard budget testimony from Department of Mental Health Commissioner Brooke Doyle, who said DMH serves about 29,000 people and is facing rising demand, higher operating costs, and uncertainty about federal funding. She explained that the FY26 budget prioritizes fully funding the state-operated inpatient system, which is at 100% occupancy and often serves people transferred from Bridgewater State Hospital, while making reductions in other areas to balance the budget. Those reductions include a 50% cut to case managers, a pause on closing the Pocasset unit pending a working group on Cape access, and changes to youth and contracted services such as right-sizing IRTP and CIRT, reducing Youth PACT from seven teams to three, scaling back flex and jail diversion grants as ARPA funds wind down, and preserving the behavioral health helpline and community-based crisis services. Members from Western Massachusetts and the Cape raised concerns about access, staffing, and the impact of cuts, and Doyle said the department would continue operating IRTP services, improve the referral process, and work with stakeholders on the Pocasset review and other access issues. The committee also discussed school-based mental health, 988, loan forgiveness for workforce recruitment, and the role of co-response programs for law enforcement.
Secretary Robin Lipson then testified for the Executive Office of Aging and Independence, describing a proposed FY26 budget increase of about 21% to support councils on aging, home care, elder abuse investigations, caregiver support, care transitions, and nutrition programs. She said the agency is managing rising demand, especially from the growing 80-plus population, and noted uncertainty around federal Older Americans Act funding after the federal disbursement agency was disbanded. To control costs, the office will manage intake and caseload growth in a fully state-funded home care program, but current clients will not lose services. Lipson also highlighted a new $1 million line item for local mini-grants to support age-friendly initiatives. In questions, members focused on elder scams, and Lipson said scams are increasing and the agency is working with banks, district attorneys, and public awareness campaigns.
The Health Policy Commission’s Executive Director David Seltz presented the agency’s FY26 request and said the biggest challenge is health care affordability, with family premiums near $29,000 annually and many residents delaying care because of cost. He emphasized that recent legislation significantly expands HPC’s role through a new Office of Pharmaceutical Policy and Analysis, which will examine the drug supply chain and pricing, and a new Office of Health Resource Planning, which will support statewide planning around closures and access gaps. The new law also creates task forces on maternal health access and primary care, and adds transparency and oversight for private equity in health care. Members asked about pharmaceutical costs, GLP-1 weight-loss drugs, 340B, and maternal health closures; Seltz said the data show rapid growth in GLP-1 spending and that the new offices will help the state better understand cost drivers and access problems. The Center for Health Information and Analysis then began its testimony, describing its role as the state’s data hub for health care spending, utilization, quality, and affordability analysis.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nominations of Elise Stefanik, of New York, to be the Representative of the United States of America to the United Nations, with the rank and status of Ambassador, and the Representative of the United States of America in the Jan 21st, 2025
Foreign Relations Committee
Transcript Highlights:
- But today, the United States is a force for peace and stability in the world.
- We pay 22% of the regular budget, and we pay 25% of the peacekeeping budget.
- and security by feeding hungry people and bringing stability.
- A sea of stability in a whole area of chaos.
- The U.S. contributes, what, 22 percent of the U.N. total budget right now.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- on the budget.
- But last budget year, the Access to Counsel line item was approved in the FY25 budget.
- Currently, almost 60% of Townsend's operating budget is for the school budgets.
- budget.
- Our school budget...
Summary:
The Joint Ways and Means Committee held its final public hearing on the FY26 state budget, with chairs and members emphasizing that public testimony would help shape the budget and asking speakers to keep remarks brief. Committee leaders introduced members, explained the hearing process, and repeatedly thanked residents, students, and advocates for participating. No votes were taken during the hearing.
Testimony focused heavily on education funding and the Chapter 70 formula. Students from Amherst, Northampton, Gateway Regional, Chester Elementary, and other districts described budget-driven cuts to electives, special education supports, paraprofessionals, counselors, transportation, and building maintenance. They urged higher Chapter 70 aid, increased minimum aid, rural school aid, and a reopening or restructuring of the funding formula, arguing that current formulas leave many districts unable to meet student needs and force local layoffs and overrides.
Other speakers urged funding or protection for a range of programs and facilities, including the Louis D. Brown Peace Institute for homicide survivor services, the Museum of African American History, the Massachusetts Commission for the Deaf and Hard of Hearing and CART/interpreter services, the Access to Counsel housing legal aid program, the Department of Mental Health and Pocasset Mental Health Center, and Pappas Rehabilitation Hospital for Children. One speaker opposed offshore wind-related spending and urged a reset of the state’s energy approach, while another advocated ending the aircraft sales tax exemption. Committee members responded sympathetically to many speakers, asked a few follow-up questions, and several expressed support for maintaining or expanding the programs discussed.
MA
Massachusetts 2025-2026 Regular Session
House Committee on Federal Funding, Policy and Accountability Jun 21st, 2026 at 01:00 pm
House Committee on Federal Funding, Policy and Accountability
Transcript Highlights:
- , capital budget, things like that.
- , capital budget, things like that.
- a couple of federal block grants flow through the state budget.
- So the operating budget, 25% comes from federal reimbursements.
- So one is potentially just fewer resources for the budget, right?
Summary:
The inaugural hearing of the newly named House Committee on Federal Funding, Policy and Accountability focused on how federal policy changes could affect Massachusetts, especially in education, health care, research, infrastructure, climate, and business conditions. Chair LaNatra said the committee was created to monitor federal funding decisions and their impacts on state programs and services. Members introduced themselves, then heard testimony from Doug Howgate of the Massachusetts Taxpayers Foundation, Sarah Mills of Associated Industries of Massachusetts, and Quentin Palfrey, the governor’s Director of Federal Funds and Infrastructure.
Howgate argued that the Trump administration and new Congress pose ideological, practical, and process-related risks to Massachusetts, citing proposed cuts to Medicaid, education, research, and other domestic programs. He said federal dollars make up about a quarter of the state operating budget and capital plan, warned against using one-time reserves to backfill ongoing federal cuts, and urged the state to prioritize core services while protecting areas where Massachusetts is especially strong, such as higher education and research. In response to committee questions, he said the House Medicaid proposal would still cost Massachusetts hundreds of millions and that international student and NIH-related changes could harm the state’s labor force and innovation economy. He also advised that the state communicate clearly without overreacting to daily federal developments.
Mills testified that AIM members are most concerned about uncertainty, tariffs, Medicaid cuts, and NIH reductions. She said tariffs are raising costs, disrupting supply chains, and hurting small and medium-sized businesses, housing construction, and exporters, with AIM’s business confidence index falling to its lowest level since the pandemic. She said Medicaid cuts would raise employer health costs, reduce productivity, and strain the health care system, while NIH cuts would threaten Massachusetts’ life sciences and academic research ecosystem. In questions, she said AIM has increased federal outreach, is coordinating with the U.S. Chamber and the Massachusetts delegation, and is hearing concerns from employers about immigration compliance and workforce disruptions.
Palfrey described the Healey-Driscoll administration’s efforts to maximize federal funding, including a biweekly interagency council, a municipal partnership effort, and a statewide roadshow. He said Massachusetts has secured nearly $9 billion from major federal laws for projects such as the Cape Cod bridges, Allston Multimodal, grid modernization, clean-energy school buses, and broadband. He also said the administration launched a public website to track federal impacts and is working with municipalities, nonprofits, and the Attorney General on grant changes, legal issues, and litigation. In response to questions, he warned that cuts to NOAA, NSF, Medicaid, SNAP, and other programs could affect services and the state budget, and said the administration is tracking changes to federal grant applications and conditions. No votes were taken; the hearing was informational only.
AR
Transcript Highlights:
- When education funding falls short, it's not just a budget issue.
- Available data indicates that 80% of that spending, or spending now makes up 6% of our state's budget
- We are experiencing a perfect storm of economic pressure on the state budget.
- Many more are unable to balance their budgets.
- That their dignity and their health are less important than a line item in a budget.
Summary:
The Senate Revenue and Tax Committee met to consider Senate Bill 1, sponsored by Senator Jonathan Dismang, which continues the state’s long-running effort to reduce Arkansas income tax rates. Dismang said the bill would lower the personal income tax rate retroactive to January 1, 2026 and delay the corporate income tax change until the following January, bringing the rate down from 7% to 3.7%. He also said the bill would use existing surplus funds and estimated that a person making $65,000 would see their effective tax burden reduced by about 45% compared with earlier rates.
The committee heard several witnesses in opposition, including a United Methodist pastor/social worker, a parent describing her son’s disability and need for supported living services, representatives from Arkansas Appleseed and Arkansas Advocates for Children and Families, and a Marshallese community advocate. They argued that Arkansas should preserve revenue for public schools, health care, food assistance, housing, rural hospitals, early childhood education, and disability services, and said the tax cuts would disproportionately benefit higher-income taxpayers while providing little relief to working families. Several speakers cited low state spending relative to national averages and warned that further cuts would worsen existing service gaps.
In closing, Dismang and other supporters said the state can be both compassionate and competitive, that no essential services would be cut by the bill, and that Arkansas has continued to grow revenue despite prior tax reductions. Members emphasized balancing service funding with economic competitiveness and noted the legislature’s focus on lower-income tax brackets in earlier reforms. The committee then voted to do pass SB1, and the bill was approved.
NH
Transcript Highlights:
- I'm also on the school district budget committee in my community.
- <00:28:55.120>
Committee the uh School District budget Committee the uh School District budget - meeting with the housing stability meeting with the housing stability Council<00:44:39.400>
was - <00:54:45.319>
on in the perfect world have stability on in the perfect world have stability - <01:25:08.840>
and maintain their housing and stability and maintain their housing and stability
FL
Transcript Highlights:
- I appreciate your work so far on. the individual budget silos.
- In fact, while our state is growing, this year's budget will be less than the budget we passed last year
- In our budget this year, we are fully funding the current Budget Stabilization Fund; that in itself is
- Increase the amount of funds that may be retained in the Budget Stabilization Fund, requiring an annual
- transfer to the Budget Stabilization Fund if there is not a revenue shortfall and allowing the legislature
CA
California 2025-2026 Regular Session
Assembly Committee on Economic Development, Growth, and Household Impact Jul 8th, 2025
Economic Development, Growth, and Household Impact
Transcript Highlights:
- We seek to work towards a strategy that stabilize the trades and increase the competitiveness of our
- but also future trade agreements and long-lasting and long-term planning critical for long-term stability
- One, the need to stabilize and grow revenues in the current economic climate and the need to proactively
- In addition, the bill does extend the board's authorization date to 2040, providing long term stability
- Financial stability for the industries and workers impacted by the transition away from fossil fuels.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 1st, 2025
Transcript Highlights:
- I serve as the budget officer for the Department of Cannabis Control.
- Wholesale prices have stabilized a little bit.
- Retail prices similarly have stabilized a little bit.
- And your budget ask is for an additional. No.
- They have the policy oversight on our local assistance budget.
NM
Transcript Highlights:
- They are requesting a small budget for... ...budget for two, possibly three different experts.
- Choose how that budget is spent.
- Budget.
- for in the latest budget request, and I can't...
- This $2,500 initial discretionary budget...
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Oct 15th, 2025
Transcript Highlights:
- Going into session and budgeting from that, right?
- And that's the bigger kind of budget worry that I have.
- Our 27 base budget plus expansions is a total of $15 billion. 85% of the Health Care Authority's budget
- I also want to highlight the Tax Stabilization Reserve.
- You know, as we talk about FTE and agency budget.
ND
North Dakota 2025-2026 Regular Session
Senate Floor Session Apr 15th, 2025 at 01:00 pm
North Dakota Senate Floor Meeting
Transcript Highlights:
- But up in the top section, you can see from the budget that we got from the House, we reduced this budget
- But up in the top section, you can see from the budget that we got from the House, we reduced this budget
- We didn't add FTEs to their budget.
- You see, park rec, that was in the park budget explained.
- There's a lot of pieces to this budget.
Summary:
The Senate met with a quorum present and handled a mix of conference committee appointments, appropriations bills, policy bills, and House amendments. Early in the session, the chamber appointed conference committees for SB 2399 and for House-amended SBs 2213 and 2354, and also named conference committees for HB 103, HB 1308, and HB 1169. The Senate then took up several appropriations measures, including HB 1612, which creates the North Dakota Center for Aerospace Medicine at UND; the Senate adopted an amendment shifting the funding to a one-time $250,000 Community Health Trust Fund appropriation with a required $250,000 match from other sources, and the bill passed 39-7. HB 1193, the “Back the Blue” grant, was amended to make the funding one-time and focus on officer retention, then passed 41-5. HB 1329, a government spending database proposal for school districts, was amended into a legislative study and passed 42-4. HB 1020, the water budget, received extensive amendments reducing and reallocating funding across major water projects, adding studies and oversight changes, and passed 45-0 with the emergency clause. HB 1581, a tribal tourism grant, also passed 40-6.
The Senate rejected HB 1330, which would have authorized divestment from direct investments in Chinese companies; after debate over the prudent investor rule, trade impacts, and whether the bill singled out one nation in law, it failed 20-26. HB 1534, limiting property valuation increases, and HB 1266, adjusting the disabled veterans property tax credit, both failed unanimously or nearly so after committee recommendations against them. HB 1566, which would have created a regulatory framework for a product discussed as kratom, was amended on the floor to convert it into a study and then passed 31-15. The chamber also passed HB 2241 on charter schools after a House amendment changed the funding formula to the statewide average from the prior year, and HB 2022, the indigent legal counsel budget, after House changes added funding flexibility, offset lost fee revenue, and included a study on a public defender office.
The Senate concurred in several House amendments and then passed a number of Senate bills. SB 2375, allowing joint negotiations between dental providers and insurers under Attorney General oversight, passed 44-2. SB 2251, clarifying that open records requests during state audits should be referred to the audited agency, passed 46-0. SB 2159, related to nuclear energy research, passed 43-3 after House amendments required Industrial Commission approval and consultation with the radioactive waste advisory council. SB 2155, changing gratis antelope license rules, passed 30-16 after debate over landowner rights and tag distribution. SB 251, setting fees and an audit for the Private Investigative and Security Board, passed 44-2. SB 2280, the prior authorization health insurance bill, passed 43-3 with a House-added study and consumer protections. SB 2023, the Racing Commission budget, passed 41-5 after a House change made internship funding one-time. SB 2232, changing prenatal substance exposure reporting requirements and related toxicology rules, passed 44-2. SB 2241, authorizing public charter schools, passed 39-7. The session ended while the Senate was still processing SB 2022’s final passage vote, but the bill had already cleared concurrence on House amendments.
KY
Kentucky 2026 Regular Session
House Legislative Session Day 35 (2-26-26)
Kentucky House Floor Meeting
Transcript Highlights:
- budget since 2022. budget since 2022.
- budget for judiciary. budget for judiciary.
review budget the budget subcommittee review budget the budget subcommittee review process<00- budget $1.5 million short? budget $1.5 million short?
- budget reserve trust fund. budget reserve trust fund.
Summary:
The meeting opened with prayer and the Pledge of Allegiance, then moved into committee and floor reports. Several measures received favorable committee reports and were ordered to first reading and placed on the calendar, including Current Resolution 9, Senate Joint Resolution 23, House Bill 145, House Bill 567, and House Bill 506 with House Committee Substitute 1. The chamber also noted that House Bills 500 and 504 had already received two readings and were sent to the Rules Committee before House Bill 500 was brought up for final consideration.
Most of the discussion focused on House Bill 500, the executive branch budget bill. Members described it as a “good first draft” and emphasized a budget process they said was more transparent than in prior years. The bill was presented as a restrained two-year operating budget with spending growth kept at a little under 2% annually, while setting aside about 2% of projected revenues, or roughly $614 million, in the Budget Reserve Trust Fund for future needs. The budget also used base reductions in some areas while exempting others such as Medicaid benefits, SEEK, corrections, behavioral health, and veterans programs.
Subcommittee chairs then outlined major spending areas. Education provisions included a 2% annual increase in base SEEK funding, transportation funding held flat, equalization for recallable nickel funding, continued retirement contributions, and major support for postsecondary access, dual credit, asset preservation, and workforce training. Health and family services provisions held Medicaid steady while adding waiver slots, behavioral health and substance use support, public health investments, and funding for rural health and laboratory capacity. Other sections covered personnel and pensions, veterans services, infrastructure, public safety, economic development, tourism, and environmental projects.
The only recorded action on the floor was adoption of House Committee Substitute 1 to House Bill 500, followed by a motion for final passage of the bill as amended. The transcript ends as discussion on final passage begins, before any final vote is shown.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Service
Transcript Highlights:
- That brings us then to fiscal stability. Before the committee is a proposal to establish...
- That brings us then to fiscal stability.
- Since the towns are small, the budgets may only allow for part-time staff, and they may not be able to
- This simple change would allow Neshoba to budget for this expense during the normal budgeting period.
- Our current operating budget is $1.8 million every year.
Summary:
The Joint Committee on Public Service heard testimony on a wide range of retirement, municipal workforce, and public employee labor bills. Early testimony focused on H. 2749, a Plymouth home rule petition to classify Plymouth harbormaster employees as Group 4 for retirement purposes. Supporters, including local officials and retirement board representatives, argued the employees perform law-enforcement and rescue duties comparable to police and fire personnel, that the change would be fair, and that it would have little or no fiscal impact on the town. A separate harbormaster-related bill, H. 2743, was also introduced later in the hearing.
The committee also heard testimony on provisions of the Municipal Empowerment Act (H. 56), including a temporary critical-shortage exemption allowing retired state or municipal employees to return to work in hard-to-fill positions, and a renewed OPEB commission to study retiree health care costs. Administration and municipal officials said the measures were needed to address staffing shortages and rising benefit liabilities, while emphasizing the shortage exemption would be time-limited and require proof of recruitment efforts. Related retirement bills drew support and caution: advocates for higher COLA bases and enhanced COLA benefits urged relief for retirees, but some asked the committee to wait for recommendations from the special COLA commission before acting.
A major portion of the hearing concerned labor rights at the Massachusetts Water Resources Authority and the Committee for Public Counsel Services. Union representatives and employees backed bills to extend just-cause protections, promotional rights, and collective bargaining rights to MWRA and CPCS workers, arguing they currently lack protections available to most other public employees. Testimony described unfair discipline, delayed promotions, and high turnover, and committee members indicated prior favorable action on similar MWRA bills and expressed support for addressing CPCS labor rights. The committee also heard from representatives of the Massachusetts Municipal Association and public higher education employees in support of H. 2820, which would require timely funding of ratified state employee contracts, with witnesses describing long delays in receiving negotiated raises and back pay. No votes were taken during the hearing, and the chair repeatedly invited written testimony and closed each panel after questions.
MN
Transcript Highlights:
- U my in the current um budget for 2027.
- And those savings matter not only for our budget, but for our students.
- itself uh which has stabilized itself uh which has stabilized gratefully<00:43:47.280>
um - Higher education institutions understand the budget challenges facing the state.
- the budget challenges facing the state. the budget challenges facing the state.
AR
Transcript Highlights:
- When education funding falls short, it's not just a budget issue.
- Our state's private school voucher spending now makes up 6% of our state's budget.
- We are experiencing a perfect storm of economic pressure on the state budget.
- Many more are unable to balance their budgets.
- That their dignity and their health are less important than a line item in a budget.
Summary:
The Senate Revenue and Tax Committee considered Senate Bill 1, sponsored by Senator Jonathan Dismang, which would continue Arkansas’s phased income tax reductions, lowering the personal income tax rate to 3.7% and delaying the corporate income tax change until the following January. Dismang said the bill was part of a long-running effort begun in 2013 to reduce rates using conservative budgeting and surplus revenue, and he estimated the change would reduce the effective tax burden for a person making $65,000 by about 45%. Committee members supporting the bill emphasized that the measure would not cut state services and argued Arkansas should balance competitiveness with funding essential programs.
Several speakers opposed the bill, including a clergy member/social worker, a parent advocating for disability services, representatives from Arkansas Appleseed and Arkansas Advocates for Children and Families, and a community advocate from the Arkansas Coalition of Marshallese. They argued the state should preserve revenue for public schools, health care, housing, food assistance, early childhood education, and supported living services, citing underfunded schools, a waitlist for pre-K, hospital and child care pressures, and the needs of low-income and vulnerable residents. Some speakers said the tax cuts would disproportionately benefit higher-income taxpayers while providing little relief to working families.
In closing, Dismang said Arkansas could be both compassionate and competitive and that no essential services would be cut because the state is operating with a surplus. After discussion, Senator Dismang moved do pass, Senator Petty seconded, and the committee approved SB 1 by voice vote. The committee then adjourned.
FL
Florida 2026 5th Special Session
Appropriations Committee on Health and Human Services Feb 25th, 2026
Transcript Highlights:
- When they are strong, they create stability out of the chaos.
- Two of my boys receive services through the APDI budget waiver.
- When they are strong, they create stability out of the chaos.
- to support our budget waiver, as well as the support coordinators.
- to support our budget waiver, as well as the support coordinators.
Summary:
The Appropriations Committee on Health and Human Services met with a quorum present and took up several health-related bills. CS/SB 1110, covering Medicaid and insurance coverage for medically necessary orthotics and prosthetics, including activity-specific devices without lifetime or continuous-use caps, received emotional testimony from families and athletes describing high costs and the importance of access for children and adults with disabilities. Members voiced strong support, and the bill was reported favorably.
The committee also heard SB 1574, which would add biliary atresia screening to the newborn screening program using the existing birth blood specimen. The sponsor and a parent testified that earlier detection could prevent severe liver damage, transplants, and deaths, and the bill was reported favorably. CS/SB 794, dealing with background screening for employees at residential facilities and day training programs for people with developmental disabilities and a review of waiver support coordination, was amended to align with the House companion and then reported favorably after testimony emphasizing the importance of strong support coordinators for APD waiver families.
Members then considered SB 162, requiring hospitals and ambulatory surgical centers to adopt policies for smoke evacuation systems during procedures that generate surgical smoke. Nurses and other supporters described surgical smoke as a serious occupational hazard, while the Florida Hospital Association said hospitals are already regulated in this area and the bill was somewhat prescriptive; an amendment was adopted and the bill was reported favorably. CS/SB 254, which tightens oversight of nursing education programs, adds preceptorship and provisional licensure pathways for graduates awaiting NCLEX results, and increases transparency and accountability for low-performing programs, drew support from nursing advocates and opposition from private nursing schools concerned about workforce impacts; after amendment, it was reported favorably. Finally, SB 688 to reestablish licensure and regulation of naturopathic doctors in Florida was heard with testimony both supporting expanded health care choices and opposing the bill over safety and scope concerns, and it too was reported favorably. The committee then adjourned.
MN
Transcript Highlights:
- Uh, we're really looking at how much it's costing workers, taxpayers, and our budget.
- Uh, we're really looking at how much it's costing workers, taxpayers, and our budget.
- Uh, we're really looking at how much it's costing workers, taxpayers, and our budget.
- Uh, we're really looking at how much it's costing workers, taxpayers, and our budget.
- Uh, we're really looking at how much it's costing workers, taxpayers, and our budget.
ND
North Dakota 2025-2026 Regular Session
House Appropriations Apr 21st, 2025 at 05:00 pm
Appropriations
Transcript Highlights:
- So just one bill tonight, and that is 2014, the budget for the Industrial Commission.
- And then we got the bank in North Dakota and their budget. And you can see that.
- So we've got a total of $6 million in litigation funds in this budget.
- Office of Management and Budget shall transfer for the energy research.
- Well, committee, that was our final budget.
Summary:
The committee heard House Bill 2014, the budget for the Industrial Commission, with Representative Kempenich walking through the agency’s major components: the administrative office, Bank of North Dakota, housing finance, Department of Mineral Resources, and the State Mill and Elevator. He described mostly special-fund operations, including bond payments, economic development programs, the rail loan program, the Rebuilder’s Loan Program, housing incentive funding, abandoned well reclamation work, lignite research, litigation reserves, and a capacity purchase arrangement for a future natural gas pipeline. He also explained several one-time funding items, such as grid resiliency grants, housing-related transfers from the Strategic Investment Fund, and enhanced oil recovery funding repurposed from a prior salt cavern study.
Members asked about the reduction in housing incentive funding from the Senate version, the use of one-time Strategic Investment Fund dollars for ongoing housing programs, and whether a trigger should be added to increase housing funding later. Kempenich said no trigger was discussed and emphasized that housing needs vary widely across the state. Another exchange focused on the enhanced oil recovery grant program, which he said would be driven largely by the Energy and Environmental Research Center and would use repurposed funds. A longer discussion covered the natural gas pipeline capacity purchase, including its purpose, possible routes, and the idea that the state would be buying capacity rather than immediately building a pipeline.
The committee adopted Amendment 25.0181.0207 on a 21-1 vote, with one member absent and not voting. The committee then passed HB 2014 as amended on a 21-1 vote, with one member absent and not voting. Representative Kempenich was designated to carry the bill. The chair then noted this was the final budget hearing for the committee, with one bill remaining to be heard later.
ND
North Dakota 2025-2026 Regular Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- And so are we recognizing that $50 million in this budget?
- The authority for our budget was found in... ...Office budget.
- So our budget was combined with DMR and along with PFA.
- We understand that because I always tell people about budgeting.
- I think you heard earlier today in budget section from Joe Morcette.
Summary:
The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia.
Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash.
Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing.
The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.