Transcript Highlights:

• What's the fiscal note on this? I didn't hear you. How much would come from the fiscal note?
• I don't really know what the fiscal note would be.
• I don't really know what the fiscal note would be.
• I think the fiscal note was $10 million on it. The fiscal note was $10 million on it.
• What's the fiscal note on having those interpreters?

Keywords: 1136, house, all

Transcript Highlights:

• Um, you've probably read the fiscal note, which says that the robotics fund is fully encumbered.
• Um, I haven't done a fiscal note on this.
• <01:46:31.360> note<01:46:31.520> on um we haven't done a fiscal note on um we haven't
• done a fiscal note on this.<01:46:31.840> We<01:46:32.000> just<01:46:32.159> received
• The dollars aren't pointed out here in note two or note three, nor are they pointed out in note five,

Keywords: 1191, senate, all

Transcript Highlights:

• FN stands for fiscal note. This is a fiscal committee, and we need to touch on that fiscal note.
• We're not looking for a Manhattan Project. um the the fiscal note said the cost um the the fiscal note
• <04:09:48.040> note surprised that there was a fiscal note surprised that there was a fiscal
• note we're we only complete fiscal notes note we're we only complete fiscal notes when<04:15:00.760
• 04:15:13.040> address<04:15:13.439> that fiscal note and I want address that fiscal note

Keywords: 928, house, all

Summary: The committee held a hearing on HB 366, which would increase school building aid for eligible projects. Representative Cahill, the prime sponsor, said the bill would raise the annual minimum from $50 million to $60 million and help address a long backlog of school construction and renovation needs after years of a moratorium on applications. He argued that districts forced to build during the moratorium were left to shoulder costs through local property taxes, and he cited examples such as Londonderry, Claremont, and other communities with aging or inadequate facilities. He also said the current aid structure, including paying 80% upfront and 20% at completion, concentrates too much spending at once and limits how many projects can be funded. Several committee members asked about the fairness and structure of the program. Representative Maguire questioned whether aid should be distributed more broadly to all districts rather than only a few selected projects, and Representative Luneau noted that the committee would also be considering related bills on catastrophic aid, special education aid, and the school foundation formula. Cahill responded that building aid has historically been targeted to property-poor communities and that the state should be a reliable partner in school construction. He also said the bill includes a small retroactive component for communities that built during the moratorium, which he described as a compromise. Testimony in support came from Representative Cluder, who described Claremont’s Stevens High School project as a case where a bond issue narrowly failed and the city later had to fund renovations without state aid, contributing to high property taxes. He said the bill would help property-poor communities and urged passage. Tony Weinstein of New Market also supported the bill, saying his community had serious facility and safety needs, had moved forward with scaled-back renovations during the moratorium, and still faced debt-service burdens without state participation. Robert Thompson, superintendent in Hampstead, testified that his district needs an addition for overcrowding, safety, and special education space, and said building aid would help reduce out-of-district placements and transportation costs. No vote was taken in the hearing.

Transcript Highlights:

• But the question I do have is, um, have we requested a fiscal note?
• But the question I do have is, um, have we requested a fiscal note?
• Chair, members, um, yes, a fiscal note has been requested, but Mr.
• I appreciate the explanation. instantaneously have a uh a fiscal note instantaneously have a uh a fiscal
• Chair, members, um, yes, a fiscal note has been requested, but Mr.

Keywords: 1183, house

Transcript Highlights:

• Governor's environmental fiscal year 2026-2027 budget recommendations.
• One thing I believe is important to note is that in fiscal year 2024-25, the department received a million
• For fiscal year 2026-27, the commission has requested a total of 14...
• The number of cases filed at PERC in the 2022-23 fiscal year was 329.
• Currently, the state has 29 fiscally constrained counties.

Summary: The committee first took up confirmation of five water management district appointees: Ted Everett and Jerome Pate to the Northwest Florida Water Management District, Michael Romano to the Big Cypress Basin Board of the South Florida Water Management District, and Paul Bissfam, John Hall, and Virginia Johns to the Southwest Florida Water Management District. Senator McClain moved confirmation, the roll was called, and the committee recommended all appointees favorably. Members then received the Governor’s Florida First budget presentations for environmental agencies. The environmental package totaled about $5.8 billion and emphasized Everglades restoration, water quality, resilience, land conservation, state parks, hazardous waste cleanup, wildlife management, wildfire response, and citrus support. DEP highlighted more than $1.4 billion for water resources, including $810 million for Everglades restoration, $202 million for Resilient Florida, $150 million for Florida Forever, $70 million for state parks, and $221 million for contamination cleanup. FWC, Agriculture, and Citrus funding priorities were also outlined. Members asked about Florida Forever funding, state park wastewater and septic needs, a reduction at the Florida Wildlife Research Institute, and beach renourishment funding for storm damage. The committee also heard the General Government portion of the budget, which totaled about $2.9 billion and covered DBPR, Lottery, Financial Services, Management Services, Revenue, PERC, and the Gaming Control Commission. DBPR requested funds for license processing, an animal abuse hotline, fleet replacement, and IT retention. FGCC sought new enforcement squads and an IT licensing/enforcement system. The Lottery proposed marketing, retail engagement, IT, and retention funding. DMS emphasized building modernization, fleet telematics, 911 and radio upgrades, cybersecurity, a local government cybersecurity grant program, and data interoperability. PERC described a sharp increase in labor cases and elections after SB 256 and requested staffing, election administration, and hearing officer pay increases. DFS highlighted My Safe Florida Home, fire marshal and first responder support, financial investigations, and gold and silver legal tender implementation. Revenue requested operational and IT funding and support for fiscally constrained counties. Questions focused on DBPR’s condo and HOA initiatives, cybersecurity grant reductions, and the My Safe Florida Home program’s abandoned grants and matching requirements. No additional votes were taken, and the committee adjourned.

Transcript Highlights:

• We have a humongous fiscal note on this, in other words.
• I think the fiscal note is probably is probably inaccurate because I think that you would be back investing
• Actually the fiscal note is something I would have to defer to LBB on I can talk about the value loss
• Chairman, I if you're saying that the fiscal note makes counties whole then absolutely I agree thank
• So the fiscal note associated with this bill is for the state to make school districts whole for the

Bills: HB8, HB9, HJR1, HB22, HB8, HB9, HJR1, HB22

Keywords: HB 8, school finance, compressed tax rate, maximum compressed tax rate, MCR, PYMCR, property tax, school district taxes, Education Code, Tax Code, state aid, school funding formula, local school taxes, Texas school finance, tax rate compression, public education funding, ad valorem tax, tangible personal property, income-producing property, business personal property

Transcript Highlights:

• I did not mention, and unfortunately in my notes...
• You also allocated us another $2 million in this fiscal year, current fiscal year.
• year, and $74 million for the 2026-27 fiscal year.
• You know, as you noted, it's a function of the market.
• Funds will be exhausted at the end of fiscal year 2026-27.

Keywords: 987, senate, all

Summary: The subcommittee heard an overview of the May Revision from the Department of Finance and comments from the Legislative Analyst’s Office on the state’s overall budget condition and natural resources proposals. Finance said the May Revision keeps the budget balanced in 2026-27 and 2027-28, reduces the structural deficit, and includes major natural resources items such as Proposition 4 climate bond spending, including up to $125 million for the Golden Gate Fields acquisition, $23.2 million for wildlife refuge and wetland projects, $25 million for Healthy Rivers and Landscapes, $25 million for Bay-Delta environmental flows, $1 million for coexisting-with-wildlife work, and $2.5 million for cancer-risk research. The LAO said revenues remain strong but argued the budget still relies too heavily on reserves, recommended more savings and fewer new discretionary expenditures, and urged the Legislature to prioritize only urgent health and safety needs while planning for uncertainty in greenhouse gas reduction fund revenues. Members focused heavily on the Golden Gate Fields purchase, Healthy Rivers and Landscapes, the wildlife coexistence initiative, and cap-and-invest funding for transit. On Golden Gate Fields, agency officials said the property is a time-limited, once-in-a-generation opportunity, that the state’s contribution would help secure the acquisition, and that the land would ultimately transfer to East Bay Regional Park District, which would assume operations and maintenance. Officials said the site would be remediated by the current owner, the state would use deed restrictions to prevent commercial development, and the remaining purchase price would be covered by nonstate partners. On Healthy Rivers and Landscapes, Finance and the Natural Resources Agency said the $25 million would support scientific monitoring and early implementation of the Bay-Delta plan update, while the LAO questioned the timing and said the request was premature until the Water Board formally adopts the plan. The committee also discussed the coexisting-with-wildlife proposal and wolf-livestock conflict. Finance said the May Revision’s $1 million proposal would backfill existing funds to support limited-term staffing, deterrence tools, and conflict response, while members and the California Cattlemen’s Association said the need is larger and includes direct loss compensation, indirect loss compensation, and nonlethal deterrence. The Cattlemen’s Association said private insurance is limited and often inadequate for these losses. Members also raised concerns about the greenhouse gas reduction fund and transit, warning that lower auction revenues and possible CARB rule changes could leave major transit and other tier-three priorities underfunded. The LAO recommended planning for multiple revenue scenarios and reconsidering the current cap-and-invest spending framework. No votes or formal actions were taken in the hearing.

Transcript Highlights:

• As noted earlier, grant funding on this does end next year.
• They can read the call notes.
• I also want to note that under substance use prevention, for fiscal year 25, these were all new prevention
• of work for fiscal year 2026.
• or being the fiscal agent.

Transcript Highlights:

• and $493 million in fiscal year 2027.
• ><00:44:19.440> year about $300 million uh in fiscal year about $300 million uh in fiscal year
• I'll note that it's good you were new.
• and then uh one other thing just to note and then uh one other thing just to note in<01:26:49.600
• I would note I appreciate the line of questioning.

Bills: HF5

Keywords: tax modification, transportation funding, electric vehicle tax, Social Security subtraction, retail delivery fee, motor vehicle registration, state budget, transportation policy, 1183, house

Summary: The committee began with member and staff introductions, then heard an overview of the governor’s transportation budget recommendations from fiscal staff Andy Lee. He explained that the spreadsheet showed only proposed changes, not base spending, and highlighted General Fund and trunk highway adjustments for MnDOT and the Department of Public Safety, including operating changes, extensions of prior appropriations, increased state road construction and Blatnik Bridge authority tied to anticipated federal funds, State Patrol hiring and a metro headquarters item, aeronautics changes, and revenue adjustments in the Driver and Vehicle Services special revenue account. The main testimony came from Metropolitan Council Chair Charlie Zelle, who outlined three budget-related items: advancing funds to MnDOT to help coordinate a highway reconstruction with a transitway project, making Metro Mobility riders eligible for free fixed-route transit, and reducing the Metro Transit general fund appropriation by $32.454 million annually. He said the advance would speed delivery and reduce disruption, the free-fare pilot had been successful and could save money if even a small share of Metro Mobility trips shifted to fixed-route service, and the general fund reduction was manageable in the near term because of new revenue streams but could constrain future expansion and capital maintenance. Members questioned the long-term effects of the proposed reduction, possible impacts on safety, service expansion, and capital maintenance, and whether federal funding uncertainty could affect operations and bus procurement. Zelle said the cuts would not affect immediate operations but could limit future BRT, microtransit, and transitway expansion, while also noting that capital maintenance needs include platform rebuilds, track work, rolling stock, and station repairs. He also said the 2023 funding package had accelerated projects and that the council was opening three transit lines this year. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• And so did fiscal grant the $397,000? Yes, that was approved by fiscal. Thank you.
• And so did fiscal grant the $397,000? Yes, that was approved by fiscal.
• And so did fiscal grant the $397,000? Yes, that was approved by fiscal. Thank you.
• And so did fiscal grant the $397,000? Yes, that was approved by fiscal. Thank you. Okay.
• year 18 through the current fiscal year 18 through the current fiscal<03:31:09.120> year fiscal

Keywords: 928, house, all

Summary: The committee heard a presentation from the University System of New Hampshire chancellor on the system’s budget, enrollment, finances, workforce role, and response to federal policy changes. The chancellor said the governor’s recommended budget would reduce university system funding by about $16.5 million over the biennium, or roughly 8.3%, and asked that state funding be held at the governor’s level. She described planned cost reductions already underway, including lower headcount, reduced benefits and retirement contributions, property sales, and lease reductions, and said the system expects to remove about $20 million from its cost structure in fiscal year 2026. A large portion of the discussion focused on enrollment and finances. The chancellor said fall 2024 enrollment was about 23,000, with New Hampshire enrollment increasing for the first time since 2013, and noted that the system remains a major workforce pipeline, with about 3,000 graduates entering the state workforce each year. She explained that net tuition has fallen over time because of declining enrollment and increased financial aid, while research grants and contracts have grown significantly. She also walked through endowment funding, explaining that payouts are based on a 12-quarter rolling average and are intentionally smoothed to reduce volatility; members asked for follow-up information on payout comparisons, administrative salaries, headcounts, and compensation per student. Members questioned the university about the relationship between state support, tuition, endowments, and research spending. The chancellor said the system has used state capital support to leverage major investments, including the UNH Life Sciences building, Plymouth’s Hyde Hall, and the Olson Advanced Manufacturing Center, and described partnerships with businesses such as Lonza and regional manufacturers. She also explained a long-running New Hampshire 529-related revenue stream that has built endowment support for scholarships, and said the system’s endowment now totals about $988 million. In response to questions about possible cuts, she said the system is considering academic program sharing, consolidation of specialties, online delivery, AI-assisted administrative efficiencies, and footprint reductions, but declined to name specific programs. The committee also discussed DEI-related issues and federal grants. The chancellor said the system is reviewing executive orders and a U.S. Department of Education Dear Colleague letter, and that general counsel is working through websites, programs, and more than 1,200 federal grants to ensure compliance. She said the system spends about $3 million on what it calls DEI-related offices and services, but emphasized that these services include disability support, veteran support, Title IX, ADA, and employment-law compliance, and that the system does not have race-based programs, separate housing, or separate graduation ceremonies. She reported that the system had received stop-work orders on four federal grants totaling about $700,000 and warned that reductions in federal direct or indirect costs could affect research, jobs, and innovation.

Transcript Highlights:

• Solveig Beckel, House Fiscal.
• By 200,000 in fiscal year 25. Then, in fiscal years 26 and 27, it increased by 5%.
• in fiscal years 28 and 29.
• The fiscal years 24 and 25 change to the fiscal years 26 and 27 nets to three million above base.
• Four million in fiscal years 28 and 29.

Bills: HF1646, HF2443

Keywords: medical debt, debt relief, healthcare financing, consumer protection, financial hardship, commerce, cannabis, insurance, housing, ombudsperson, affordability, property, task force, financial institutions

Transcript Highlights:

• note that I, at least I saw two different fiscal notes.
• The fiscal note is also based on the January 25 BRE which had oil prices at $71 a barrel for 26 and $76
• I would also note. That our natural gas price was assumed 2.45 and right now it's 3.7.
• When I look at fiscal notes that you all have had where you've talked about this, um, That the rating
• By the end of fiscal 28, we'll be at 28.5%.

Bills: SJR 4

Keywords: term limits, state offices, constitutional amendment, governor, lieutenant governor, election reform

Transcript Highlights:

• I would like to point out that the Kentucky Employee Health Plan statement, the fiscal impact note that
• I would like to point out that the Kentucky Employee Health Plan statement, the fiscal impact note that
• I would like to point out that the Kentucky Employee Health Plan statement, the fiscal impact note that
• I would like to point out that the Kentucky Employee Health Plan statement, the fiscal impact note that
• <00:47:52.760> that fiscal impact note that said that fiscal impact note that said that premiums

Keywords: Meeting Start: 00:00 Roll Call: 00:10 SB145 Discussion: 02:23 SB145 Vote: 05:13 SB183 Discussion: 06:13 SB183 Vote: 11:37 HB413 Discussion Only: 16:15, 958, all

Summary: The House Standing Committee on Banking and Insurance met with a quorum and first took up Senate Bill 145, sponsored by Sen. David Givens. The bill would update retail installment contract statutes for automobile sales, allowing retailers with installment contracts shorter than 28 days to begin collections after three days instead of waiting for multiple missed payments, and it also harmonizes a related dollar amount in statute from $10 to $15. The committee asked no questions, and the bill received a favorable expression on a roll-call vote. The committee then heard Senate Bill 183 from Sen. Matt Nunn, with testimony from Chris Nolan of the American Property Casualty Insurance Association. The bill would require proxy advisers acting for the State Retirement System to act solely in the financial interest of current and future retirees and to avoid political or social considerations in shareholder voting recommendations. Supporters argued it would keep politics out of public pensions and align proxy advice with fiduciary duties; members praised the bill and noted Kentucky could be among the first states to adopt such a model. The committee approved the bill with favorable expression after a roll-call vote. The committee also reviewed administrative regulation 808 KAR 9:10 from the Department of Financial Institutions, with no vote required. It then took up House Bill 413, a PBM rebate pass-through bill, with testimony from Sarah Wood of the Diabetes Patient Advocacy Coalition. She said the bill would require 85% of negotiated drug rebates to be passed through to patients at the point of sale, lowering out-of-pocket costs, especially for high-rebate drugs such as insulin, while still allowing 15% to remain with plans. She cited examples from other states and argued the bill would benefit about 650,000 Kentuckians. Hope McClaflin of Anthem opposed the bill, saying it would reduce employers’ ability to use rebates to lower premiums, could disproportionately favor high-cost brand-name drug users, and could create significant costs for state and fully insured plans. Members asked questions about other states’ pass-through rates and the effect on premiums, but no final action on House Bill 413 was taken in the portion of the meeting provided.

Transcript Highlights:

• So, the fiscal note on this is, it seems like it's wildly underfunded, and that this program going to
• Regarding the fiscal note, the fiscal note was written prior to the amendment to 115.
• Regarding the fiscal note, the program.
• Regarding the fiscal note, the fiscal<01:32:56.480> note<01:32:56.719> was<01:32:56.960
• was written prior to the fiscal note was written prior to the amendment<01:32:58.719> to<01:32

Keywords: 1191, senate, all

Transcript Highlights:

• It's a reduction of tape Ken Savory nonpartisan house fiscal tape Ken Savory nonpartisan house fiscal
• And I would note know to zero that out.
• note as well.
• note as well.
• to over $10 billion in fiscal '26.

Keywords: 919, house, all

Summary: The Higher Education Finance and Policy Conference Committee met publicly to compare House and Senate positions on the higher education budget, with the chairs emphasizing transparency and alternating gavel control. Nonpartisan fiscal staff walked through a spreadsheet of differences across the Office of Higher Education and Minnesota State, including major items such as state grants, childcare grants, work study, tribal college grants, emergency assistance grants, hunger-free campus grants, student parent support, direct admissions, paramedic scholarships, and several medical residency and fellowship programs. The House and Senate also differed on administrative funding, campus sexual assault reporting, and a House FY25 cancellation that would be carried forward. Members discussed several of the larger policy and funding choices. The Senate explained its increase for Minitex as support for operating costs and statewide access to information. The House explained its cuts to student parent support and other items as necessary to work within a zero target and to prioritize direct aid to students, while the Senate said it focused on direct appropriations and access-related programs. On hunger-free campus grants and emergency assistance grants, the Senate said it was changing the distribution method and direct appropriations rather than reducing the overall money, while the House noted differences in whether nonprofit institutions remained included. The committee also reviewed Senate-only additions and reductions in Minnesota State, including free course materials, Lake Superior College remediation, and changes to the Kids on Campus appropriation. A representative from Lake Superior College testified that the PAS remediation funding would help address contamination issues at an emergency training site near Lake Superior and that the money was shifted from the Kids on Campus initiative. No final conference agreement or vote was taken in the portion of the meeting provided; the committee continued discussing differences and testimony.

Transcript Highlights:

• 01:39:57.199> dollar<01:39:57.760> which fiscal note is a large dollar which fiscal note
• If the department were to provide a revised fiscal note worksheet, we would update the fiscal note, but
• If the the fiscal note question.
• <01:46:01.199> update fiscal note worksheet, we would update fiscal note worksheet, we would
• <01:46:05.280> So, we don't update the fiscal note. So, we don't update the fiscal note.

Keywords: 1191, senate, all

Transcript Highlights:

• So last session, you did authorize one additional fiscal staff person for our office.
• So last session, you did authorize one additional fiscal staff person for our office.
• And on that note, Mr.
• You asked me to report to you on the status of the state fiscal recovery funds.
• Then some other items of note in this report.

Keywords: 908, all

Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline. Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns. OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.

Transcript Highlights:

• The fiscal impact report (FIR) is about $3 million, I believe, in LESC it was $5 million, and the PED
• One, their fiscal year 26 units have to be less than their fiscal year 25 units, so they lost units overall
• Take away their fiscal accountabilities with their districts.
• On that point, I'll note that one of those main events is the Legislative Summit.
• I'll note that three states have decided to opt into the program.

Transcript Highlights:

• uh is in the bill because it has fiscal uh is in the bill because it has fiscal uh<00:13:26.240>
• Savory um nonpartisan uh house fiscal. Savory um nonpartisan uh house fiscal.
• You'll note on line 297 that the tales.
• /c><01:16:18.159> Analysis with the House Fiscal Analysis with the House Fiscal Analysis Department
• Members, that concludes our business for today. day, I would note that the legacy day, I would note that

Bills: HF2446, HF2563, HF2444

Keywords: agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant

Transcript Highlights:

• First, one of the biggest concerns I heard from my colleagues was the fiscal note.
• This in total decreased the net program fiscal note by $88 million.
• First, one of the biggest concerns I heard from my colleagues was the fiscal note.
• This in total decreased the net program fiscal note $88 million.
• The fiscal note here is about $50 to $60 million, depending on the year.

Keywords: 959, house, all