Video & Transcript Research : 'surplus distribution'

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MN

Minnesota 2025 1st Special Session

House/Senate DFL Press Conference 3/3/25

Transcript Highlights:
  • remember in the current biennium that we're ending on June 30th, there's a projected $3.7 billion cash surplus
  • biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus
  • million of it in inflation to keep level programming across the state, and we'd still have $616 million surplus
  • biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus
  • biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

Senate Floor Session - 05/01/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • President, moving on to the highway user tax distribution fund.
  • President, moving on to the highway user tax distribution fund.
  • And the result was we had a surplus.
  • And the result was we had a surplus.
  • So you the result was we had a surplus.
Keywords: 1187, senate, all
US
Transcript Highlights:
  • But that financial assistance offered to farmers impacted by the trade war was not equally distributed
  • Should be necessary is distributed equitably. Yes, sir. Thank you, Mr. Chairman. I yield back.
  • I cannot overstate how critical it is for USDA to distribute this assistance. ...disaster assistance
  • Within a few hours of accepting the nomination, I began to immediately pivot to how do we distribute
  • Which I know we're used to, but immediately moving into the distribution of disaster relief, economic
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Sep 23rd, 2025

Transcript Highlights:
  • The prosperity that is being created with the oil and gas industry can be distributed on a broad base
  • This industry here locally, if we have some contraction, then that distribution would go down, but it
  • Program is the retiree health care distributions from the personal income tax program.
  • In the long run, when we look at the estimate, the growth in the distribution.
  • Retiree health care distributions.
CA

California 2025-2026 Regular Session

Senate Rules Committee Jun 24th, 2026

Rules

Transcript Highlights:
  • It started in the Bay Delta, but of course that is the hub of much of the water distribution of the state
  • For places that are connected to the Bay Delta through water distribution and water supply, right now
  • During the general fund surplus, we had $5 million that we invested into human-wildlife conflict.
Keywords: 987, senate, all
CA

California 2025-2026 Regular Session

Assembly Emergency Management Committee Jun 22nd, 2026

Emergency Management

Transcript Highlights:
  • Like, are they prioritizing, in your opinion, how they're distributing... ...are they prioritizing, in
  • your opinion, how they're distributing the apparatus, even though there's going to be delays across
  • So if they're keeping their engines five, 10 years longer, those engines are often surplus or donated
Keywords: 988, house, all
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee Jul 2nd, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • So, even under that scenario, you're still kind of like spending. down the surplus over time, but that
  • streamline this for both the worker as well as the person needing assistance to get a more accurate distribution
  • Our next presentation is on Development and Federal Grants, Distributions and Transfers.
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 Apr 28th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • blackout plates that people are purchasing, putting some of those funds into the highway user trust distribution
  • thing it does is the current language has a split between money going to the highway user tax distribution
  • this current fund that we have right now, which ended in fiscal year 2024, ended with a positive surplus
AL
Transcript Highlights:
  • Additionally, our child support benefits are distributed on a... ...are distributed on a card.
  • qualifies to come out of the Education Fund dealing with the children, and they certainly have a better surplus
Keywords: 924, joint, all
FL

Florida 2025 Regular Session

January 15, 2025 - 03:30 PM

Transcript Highlights:
  • property assistance, which manages motor vehicle operations in addition to acquiring and disposing of surplus
  • Is it permissible to go ahead and distribute the rack card to make it easy for the members to follow
  • , and I'm sure the rest of us would, so if you would provide that to the committee staff, we'll distribute
Summary: The State Administration Budget Subcommittee met for an introductory overview of the agencies under its jurisdiction and their current-year budgets. Chair Vicki Lopez welcomed members and staff, and each member briefly introduced themselves and identified areas of interest, with recurring themes including fiscal restraint, insurance regulation, revenue administration, condominium issues, and government efficiency. The chair then outlined the subcommittee’s overall budget, about $3.1 billion, and noted major recent policy areas affecting the budget such as condominium legislation and emergency communications funding. Agency heads then presented high-level summaries of their missions and budgets. The Department of Revenue described property tax oversight, tax administration, and child support enforcement; the Department of Management Services reviewed state purchasing, telecommunications, fleet, state insurance, retirement, and digital services; DBPR highlighted licensing, enforcement, condominiums, and building code work; DFS covered insurance consumer services, risk management, unclaimed property, fire marshal functions, and criminal investigations; the Gaming Control Commission discussed pari-mutuel and tribal gaming oversight and enforcement; OIR explained insurer solvency and rate review; the Lottery emphasized education funding and record sales; OFR described regulation of banking, securities, lending, and money services; DOAH outlined administrative and workers’ compensation adjudication; PSC covered utility rate regulation and consumer complaints; PERC described labor relations and career service appeals; and FCHR summarized discrimination complaint investigations and outreach. Several members asked questions about utility returns, insurance regulation staffing, DMS’s state employee health plan deficit and prescription drug formulary management, agency recommendations for reducing regulatory burden, and state facilities usage. Responses generally emphasized that utility rates and insurer filings are determined through evidentiary and actuarial processes, that OIR has reduced vacancies but still seeks specialized staff and a Tampa office expansion, and that DMS acknowledged rising health plan costs and said the issue likely requires broader budget-level discussion. The chair also pressed multiple presenters to stay focused on agency operations and budgets rather than broader policy issues. No votes or formal actions were taken in the meeting.
TX

Texas 89th Regular

Press Conference: Lt. Governor Dan Patrick Dec 9th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • a few billion, some years it may be more, depending on the economy in that given year. year, the surplus
  • We had a $40 billion surplus. a $24 billion surplus, we have to be careful how we spend it so it's spent
  • Because when you have a surplus, it's like if you get a bonus in your I hope some of you get a bonus
Keywords: 1185, senate, all
TX
Transcript Highlights:
  • be a few billion, some years it may be more, depending on the economy in that given year and the surplus
  • We had a $40 billion surplus, a $24 billion surplus.
  • It's not something we have to do every year because when you have a surplus, it's like if you get a bonus
MN
Transcript Highlights:
  • But more can be done, particularly at the juncture when school districts access surplus property.
  • But more can be done, particularly at the juncture when school districts access surplus property.
  • Thank you. districts um access Surplus property in districts um access Surplus property in the<00:02:
Keywords: 919, house, all
Summary: The committee heard House File 1340, authored by Chair Lee, which would expand the use of housing infrastructure bonds to support the adaptive reuse or conversion of buildings into affordable housing. The author described the bill as a way to help nonprofit and other affordable housing developers compete for surplus buildings, especially when school districts are selling unused properties on the open market. Tom Parent of Minneapolis Public Schools testified in support, explaining that school districts manage facilities through separate capital budgets and that selling surplus property at fair market value helps offset future property tax burdens. He said districts often face tension between maximizing sale proceeds and meeting community needs, and pointed to Minneapolis examples where former school buildings are being converted to housing, including projects serving youth experiencing homelessness. He argued the bill could better align reuse of school properties with community housing needs while protecting local taxpayers. In response to a question from Representative Scraba, the author confirmed the bill does not allocate new dollars but instead expands eligible uses under the statute for housing infrastructure bonds. No vote or formal action was taken during the exchange, and the bill was presented as part of a broader bipartisan discussion about reuse of vacant buildings for housing and other community purposes.
AL

Alabama 2026 Regular Session

Alabama House Mar 17th, 2026

Alabama House Floor Meeting

Transcript Highlights:
  • And the remainder of that is called surplus, unassigned funds.
  • You know, their insurance regulations, their surplus premiums have to be, uh, they have to do something
  • regulations, you know, their insurance regulations, you<00:57:05.440> their<00:57:05.599> surplus
  • premiums have to be uh you their surplus premiums have to be uh they<00:57:08.319> have<00:57
  • <02:02:52.639> infrastructure<02:02:53.280> onto distribution infrastructure onto distribution
Keywords: 1136, house, all
TX
Transcript Highlights:
  • Currently, local government code mandates that counties manage surplus or salvage property, including
  • current statute details the circumstances in which a commissioner's court of a county may donate surplus
  • HB 3335 amends the local government code in regards to the disposal of a county surplus or salvage property
  • and allow for a broader reach of donations of county surplus property, thereby helping maximize the
  • We joke that we are a victim of our purchasing agents success in getting our surplus property sold off
TX
Transcript Highlights:
  • Yes, so those were appropriated in fiscal year 23 but then carried forward and distributed to districts
  • Continuing to page 6, item 6 is an informational item on historical and projected distributions from
  • include... $1.2 billion in general revenue for TRS Care, providing the 1.25% state contribution distribution
  • That distribution is one and a half million active members and over 500,000 retirees. pay out more than
  • Please use the $21 billion budget surplus to help provide school districts the funding they need to offer
Bills: SB1, SB 1
MO

Missouri 2026 Regular Session

Special Committee on Property Tax Reform Jan 13th, 2026 at 12:00 pm

Special Committee on Property Tax Reform

Transcript Highlights:
  • And my question to them is, what do you do with all the surplus you got? Well, it was spent.
  • But I'd also like to ask them how much the last five years they've received in a surplus over that same
  • In the general surplus money, there's over five—there's right at $5 billion.
  • And it continues to be—it is going to continue—that surplus is going to continue.
  • So if you take that times five, that's $1.7 billion in surplus money that's been collected over these
Keywords: 959, house, all
NM

New Mexico 2026 Regular Session

Senate - Judiciary Feb 11th, 2026 at 05:25 pm

Senate Judiciary

Transcript Highlights:
  • They have a surplus of about a billion dollars, so they're able to lower premium through their own investments
  • They have a surplus of about a billion dollars, so they're able to lower premium through their own investments
  • are behind us and all of the individuals that you just read off have a voice in how this money is distributed
  • And so for me… ...is distributed to help with the diversionary programs.
Bills: SB41, SB153, SB165, SB261, SB264
MN

Minnesota 2025-2026 Regular Session

Workforce Development Committee Meeting - 2026-04-16

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • He said in 2023 they spent $18 billion out of the surplus and raised taxes by $10 billion, and what they
  • He said in 2023 they spent $18 billion out of the surplus and raised taxes by $10 billion, and what they
  • He said in 2023 they spent $18 billion out of the surplus and raised taxes by $10 billion, and what they
  • He said in 2023 they spent $18 billion out of the surplus and raised taxes by $10 billion, and what they
  • There's been frustrations with competitive grant programs that we have heard are sort of distributing
Bills: HF3732
FL
Transcript Highlights:
  • But I will note that the surplus, that's $3.8 billion, is about 70% non-recurring dollars.
  • This budget amendment places an overall surplus of $4.7 million into unbudgeted reserve in multiple appropriation
  • All surplus of $4.7 million into unbudgeted reserve in multiple appropriation categories and fund sources
  • This budget amendment also places an overall surplus of $452 million into unbudgeted reserve to conform
  • The amendment also places an overall surplus of $452 million into unbudgeted reserve to conform to the
Summary: The Legislative Budget Commission met with a quorum present to hear the constitutionally required Long-Range Financial Outlook and consider a series of budget amendments. Amy Baker of the Office of Economic and Demographic Research presented the outlook, describing Florida’s continued population growth, strong wage growth, an aging population, housing-market softening, and low consumer sentiment. She said the general revenue forecast was largely unchanged from March, but the state’s funds available had improved because of legislative actions in 2025 that increased the balance forward. She also noted strong reserves, a projected current-year Medicaid deficit of about $125 million, and a three-year outlook that remains positive in the first year but turns negative in years two and three. She highlighted the risk of co-occurring catastrophic events, using a normalized Great Miami Hurricane scenario to illustrate potential state losses. The outlook was adopted after brief comments from House and Senate members emphasizing fiscal restraint and efficiency. The commission then approved multiple budget amendments, mostly without objection. The Agency for Health Care Administration received amendments to realign funding for Florida KidCare based on estimating conference results, to provide $85 million in budget authority for disproportionate share hospital payments, and to adjust Medicaid and long-term care appropriations, including placing surplus funds into reserve. The Department of Health received $6.3 million in additional authority for newborn screening. The Department of Corrections and the Department of Management Services each received $2.2 million in Private Inmate Welfare Trust Fund authority for repair invoices and pending projects. The Department of State was authorized to release $2.5 million in nonrecurring general revenue for cultural and museum grants and America 250 commemorative grants. The Department of Transportation received approval for a project roll-forward and for work program changes, including advancing I-95 widening in Duval County and the I-4 corridor in Polk and Osceola counties. The meeting ended with a motion to adjourn.