Video & Transcript : 'trust funds' :
Page 54 of 500
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/28/2025)
Transcript Highlights:
- out of General Funds, not out of the Education Trust Fund.
- out of General Funds, not out of the Education Trust Fund.
- out of General Funds, not out of the Education Trust Fund.
- the Education Trust Fund.
- the Education Trust Fund.
Summary:
The committee first considered an amendment to add a new “Lakes” license plate to HB 2, with proceeds directed to the cyanobacteria fund for lake cleanup. Representative McGuire said the bill had already passed on consent and asked that it be included in HB 2; members discussed that it had also gone to the Senate. The motion to adopt the amendment failed on a 7-8 vote.
The committee then took up an amendment imposing a 5% administrative fee on certain dedicated funds, with several exemptions for funds that could not legally or appropriately be charged, such as those involving federal money or bequests. Supporters said it would make the treatment of dedicated funds more consistent and raise roughly $31 million over the biennium for the general fund, while opponents questioned the number of carve-outs and who currently pays the administrative costs. The amendment failed on a 4-5 vote.
Next, the committee reconsidered and then adopted an amendment changing the distribution of business profits tax and business enterprise tax revenue, reducing the share going to the Education Trust Fund from 41% to 30% and increasing the General Fund share. Supporters argued the Senate had overfunded the Education Trust Fund and that the change would help balance the budget without changing education spending levels; opponents said they could not support taking money from the Education Trust Fund. The amendment passed 5-3. The committee also adopted, by the same 5-3 margin, an amendment incorporating HB 741 language on open enrollment and student attendance in public schools, with supporters calling it House policy and opponents noting it had been a close, partly partisan vote in the House.
Finally, the committee considered a change to the University System of New Hampshire budget that would reduce general fund appropriations by $40 million per year, offset in part by $15 million in previously approved unique dollars for a net reduction of $25 million per year. Supporters said the cut was necessary to balance the budget and that other options had been exhausted; opponents called it harmful to the university system and argued the committee should instead look to other areas, including education freedom accounts, for savings. The discussion continued, but the transcript excerpt ends before a final vote on the UNH item.
WA
Washington 2025-2026 Regular Session
Senate Agriculture & Natural Resources Jan 19th, 2026 at 01:30 pm
Agriculture & Natural Resources
Transcript Highlights:
- Well, the trust, we talk a lot about the trust beneficiary as if it's some sort of sacred thing.
- Conservation funding.
- So you had funding, and then during the budget cuts the legislature cut the funding?
- So you had funding and then during the budget cuts of legislature cut the funding Thank you.
- Trust.
Committee:
Senate Agriculture & Natural Resources
Keywords:
tribal representation, natural resources, board of natural resources, environmental policy, community involvement, ungulate populations, wildlife management, habitat restoration, conservation, sustainability, Indian tribes, conservation futures program, federal recognition, environmental protection, 904, all
WY
Wyoming 2026 Regular Session
Joint Travel, Recreation, Wildlife & Cultural Resources, May 27, 2026 - PM
Travel, Recreation, Wildlife & Cultural Resources
Transcript Highlights:
- It took us both of those trust funds.
- You the cultural resource trust fund.
- So, similar to the cultural trust fund.
- </c><01:08:58.080><c> 50%</c> permanent mineral trust fund corpus. 50% permanent mineral trust fund corpus
- Should the natural trust fund n funds?
FL
Florida 2026 Regular Session
Military and Veterans Affairs, Space, and Domestic Security Jan 26th, 2026
Military and Veterans Affairs, Space, and Domestic Security
Transcript Highlights:
- fund and a risk mitigation trust fund, the applications for such trust funds, and the documentation
- trust fund to hold a vacant dwelling for a veteran up to 45 days, and the risk mitigation trust fund
- fund and a risk mitigation trust fund, the applications for such trust funds, and the documentation
- fund and a risk mitigation trust fund, the applications for such trust funds, and the documentation
- On trust funds, vacancy relief trust fund, and risk mitigation trust fund by Senator Wright.
Summary:
The Committee on Military, Veterans Affairs, Space, and Domestic Security met with a quorum present and took up several memorials and bills. It first reported favorably Senate Memorial 1714, which urges Congress to pass the No Tax Dollars for Terrorist Act to prevent U.S. taxpayer funds from benefiting the Taliban in Afghanistan. The committee then heard and approved SB 1512, expanding tax exemptions and procurement flexibility for Space Florida, with support from Space Florida and the Florida Chamber of Commerce. It also approved SB 1656, designating the SS American Victory as Florida’s official state flagship, replacing the Western Union, after discussion of the ship’s World War II service, museum role, and no known fiscal impact.
The committee next approved SM 1186, urging Congress to increase the Florida National Guard’s force structure, with members noting Florida’s population growth and emergency response needs. It then considered SB 1602, creating the Homes for Veterans Property Management Incentive Pilot Program in selected counties to help landlords house veterans through vacancy relief and risk mitigation funds; the bill was amended twice, including technical and clarifying changes, and reported favorably as a committee substitute. Senator Sharief expressed support and asked to co-sponsor the veterans housing measure.
Finally, the committee passed SB 1604, which creates the associated vacancy relief and risk mitigation trust funds within the Florida Housing Finance Corporation to support the veterans housing pilot program. That bill also received a technical amendment before being reported favorably as a committee substitute. After the bills were disposed of, members were invited to record votes if needed, and the committee adjourned without objection.
AZ
Arizona 2026 Regular Session
02/12/2026 - House Natural Resources, Energy & Water
House Natural Resources, Energy & Water Committee of Reference
Transcript Highlights:
- What fund was it?
- We have a lot of other users of state trust land, and I think it's a way we can generate additional funds
- the remaining trust property.
- So it would be a new elected position from the general fund, the state general fund?
- that can fund that?
Summary:
The committee first took up House Bill 2150, which continues the State Land Department until July 1, 2030. Members questioned the commissioner extensively about agency procedures, backlog, appraisals, auction practices, privilege claims in the Fontamonte audit, and the Coyotes land transaction. The committee also discussed the Griffin amendment, which required quarterly updates, a public hearing on the department’s strategic plan, changes to conceptual land use plans and five-year disposition plans, and legislative findings. After debate over oversight and accountability, the amendment was adopted and HB 2150 was returned with a do pass recommendation by a 6-4 vote.
The committee then considered House Bill 2975, which would suspend the State Land Department’s solar scoring map and require new mining and housing resource maps, with the amendment changing the mapping deadline and requiring the maps to be posted online. Supporters said the bill would improve fairness and maximize trust revenue for schools by avoiding favoritism toward solar; opponents argued the solar map is only a guidance tool and that removing it could reduce transparency and revenue. The department said it was neutral but asked for additional staff or consultant support if the bill passed. The committee adopted the amendment and passed HB 2975 as amended on a 6-4 vote.
House Bill 2781 followed, addressing solar plant decommissioning, restoration, financial assurance, insurance, and a remediation fund. The amendment narrowed the bill to decommissioning standards and limited its reach to projects receiving permits after the effective date. Testimony focused on the need to ensure solar sites are restored and that taxpayers are not left with cleanup costs; several speakers cited abandoned or aging energy infrastructure as a cautionary example. The committee adopted the amendment and passed HB 2781 as amended by a 6-4 vote.
Finally, the committee began House Bill 2267, which would classify certain utility-scale wind or solar projects within four miles of residential property as a public nuisance, with exceptions and grandfathering for existing projects. The sponsor argued the bill responds to concerns about large renewable projects near homes and property value impacts, while the amendment narrowed the scope to utility-scale wind and solar and excluded rooftop solar and existing projects. The transcript cuts off before any final action on HB 2267.
NM
New Mexico 2026 Regular Session
House - Transportation and Public Works Feb 10th, 2026
Transcript Highlights:
- Training Trust Fund.
- I think, you know, initially we were thinking, how do we beef up the funding for the trust fund?
- I look at the transportation, the early childhood trust fund. ...in the fund.
- Fund, a very important program that we have, 20% to the newly proposed Transportation Trust Fund.
- , 20% to the state road fund, 15% to the TPF, and 15% to the trust fund.
Summary:
The committee first received a detailed New Mexico DOT District 5 presentation from Rhonda Lopez. She reviewed District 5’s budget, staffing vacancies, completed and ongoing special appropriations from 2020 through 2025, active construction projects, maintenance work, STIP and local government funding, and equipment needs. Members asked about a guardrail issue near U.S. 64, the status of the 5% local match for Transportation Project Fund projects, and the New Mexico 371/Navajo Route 36 intersection; DOT said the match agreements were in place or waived where eligible, and that the Navajo Nation funding agreement was nearly finalized. The chair then moved the agenda to bills before finishing the remaining presentations later.
House Bill 270, dealing with contributions to apprenticeship and training programs on public works projects, was presented by Rep. Borrego as a follow-up to the 2024 workforce development and apprenticeship trust fund law. The bill would remove an exclusion for street, highway, bridge, road, utility, and maintenance contracts and require contributions unless a trade classification has no approved apprenticeship program. Associated Contractors and the Asphalt Pavement Association opposed the bill, arguing it would raise road project costs and duplicate existing training programs. Members raised concerns about notice, added costs, and whether contractors with existing programs would be paying twice. A motion to table failed on a tie vote, and a later motion to pass also failed on a tie vote, leaving the bill in committee and available for reconsideration.
Ranking Member Brown then presented House Bill 322, which would create a transportation trust fund and transportation program fund, with a planned distribution beginning in 2029, including a 5% use for federal matching funds. The bill would also dedicate a portion of the gross receipts tax on electricity and redirect part of the motor vehicle excise tax to grow the fund. Associated Contractors and the Asphalt Pavement Association supported the concept, saying it would help sustain DOT and address the state’s road maintenance gap. Members questioned the electricity tax component, its effect on ratepayers and data centers, the interaction with SB 2 and bond financing, and how projects would be prioritized. A motion to pass failed on a tie vote, and the ranking member suggested the bill could be reconsidered with an amendment removing the electricity portion.
The committee then heard a District 4 DOT presentation from assistant district engineer Cruz Sudoste, covering the district’s geography, budget, staffing, completed and active projects, STIP and local government programs, and equipment replacement needs. Members asked about school district uses of transportation project funds and the impact of aging equipment on repair costs. The presentation concluded without any vote or other action on the district report.
NM
New Mexico 2026 Regular Session
House - Transportation and Public Works Feb 10th, 2026 at 09:04 am
Transcript Highlights:
- Just to be clear, we thought this was the trust fund bill.
- Training Trust Fund.
- It proposes the creation of a transportation trust fund.
- To the newly proposed Transportation Trust Fund.
- Would go to general fund, 20 to the State Road Fund, 15 to the TPF, and 15 to the trust fund.
Summary:
The committee heard a District 5 New Mexico Department of Transportation presentation from Rhonda Lopez, who reviewed the district’s FY26 budget, staffing vacancies, and the status of special appropriations from 2020 through 2025. She described numerous completed and ongoing projects across the district, including roadway overlays, bridge work, intersection improvements, ADA upgrades, and maintenance projects, and also summarized STIP, TPF, LGRF, and equipment needs. Members asked about a guardrail issue near U.S. 64 in Hogback, the 5% local match for TPF projects, and the status of the New Mexico 371/U.S. 36 intersection funding agreement with the Navajo Nation; DOT said the match is secured or waived where applicable and that the Navajo agreement is nearly finalized.
The committee then heard House Bill 270, which would amend the Public Works Apprentice Training Act to require contributions to apprenticeship and training programs for certain public works contracts, including highway-related work, while creating an exception where no approved apprenticeship program exists for a trade classification. The sponsor said the bill was intended to strengthen workforce development and support apprenticeship training. Contractors and asphalt industry representatives opposed the bill, arguing it would raise road project costs and duplicate existing training contributions. A motion to table failed on a tie, and a later motion to pass also failed on a tie, leaving the bill in committee.
Next, the committee heard House Bill 322, which would create a transportation trust fund and transportation program fund, dedicate additional revenue sources including a portion of electricity GRT and motor vehicle excise tax, and begin annual distributions for federal matching funds in 2029. The sponsor and supporters said the bill would help address a multi-billion-dollar road funding gap, improve maintenance, and provide a stable source for matching federal dollars. Some members raised concerns about the electricity tax component, its effect on utility bills, and overlap with recently enacted transportation financing measures; others supported the concept but questioned timing and funding priorities. A motion on the bill resulted in a tie and failed, leaving the bill in committee.
The meeting concluded with a District 4 NMDOT legislative presentation. The district outlined its geography, budget, staffing vacancy rate, completed special appropriations, active construction and maintenance projects, wildfire-related recovery work, local government funding allocations, and equipment replacement needs. Members asked about school district uses of local funding and the impact of aging equipment and weather on maintenance costs. The presentation ended without any formal action on District 4 items, and the committee adjourned.
MN
Minnesota 2025-2026 Regular Session
Senate Floor Session - Part 2 - 05/14/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- House file number 3426 is Trust Fund.
- we don't use the environmental trust fund as a political leverage either left or right, but deliver
- fund, that 83% of Minnesotans voted for this bill, voted for the environmental trust fund amendment,
- </c><00:25:05.760><c> prefer</c><00:25:06.159><c> that</c> trust fund amendment and I prefer that trust
- <00:25:10.720><c> political</c> enviral trust fund as a um political enviral trust fund as a um political
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Housing Jun 21st, 2026 at 11:00 am
Joint Committee on Housing
Transcript Highlights:
- The two bills before us today are first, H. 5447, an act relative to an affordable housing trust fund
- The town's recently updated housing production plan highlights that using the town housing trust fund
- to serve ...housing production plan highlights that using the town housing trust fund to serve a range
- fund and fusing the two trusts in the next session when those fixes are available. ...get to work, and
- that with the goal of adopting that year-round trust fund and fusing the two trusts in the next session
Committee:
Joint Joint Committee on Housing
Summary:
The Joint Committee on Housing held its 12th hearing of the session, chaired by Representative Richard Haggerty and Senator Julian Cyr, and heard testimony on two bills: H. 5317, concerning condominium conversion of co-owned two-unit buildings, and H. 5447, a home rule petition for an affordable housing trust fund in West Tisbury. The chair outlined a hybrid hearing format, three-minute testimony limits for individuals, and a July 31 deadline for written testimony.
Peter Harrington testified in support of H. 5317, arguing that the partition law is outdated and should be updated so courts can use the condominium statute when dividing co-owned property. He said the change would help preserve middle-class housing, especially two-family homes that might otherwise be sold, torn down, or redeveloped into more expensive housing. Committee members asked about how common the issue is and whether it is more case-specific; Harrington said it arises at the lower end of Chapter 241 cases but is not unusual.
Laura Silber testified in support of H. 5447 on behalf of West Tisbury’s Affordable Housing Committee and the Martha’s Vineyard Commission. She said the bill would let the town’s affordable housing trust serve households up to 180% of area median income and better support seasonal communities tools, including housing for essential public-sector workers and acquisition of year-round deed restrictions. Senator Cyr questioned whether the home rule petition was necessary if technical fixes to the seasonal communities law are enacted, and Silber said the petition was a short-term measure while the towns await statutory changes and work toward a pooled year-round housing trust. No votes were taken, and the committee adjourned after testimony concluded.
MN
Transcript Highlights:
- </c><00:13:46.000><c> role</c> the school trust fund and the vital role the school trust fund and the
- </c><00:23:33.400><c> fund</c> decline in that school trust fund decline in that school trust fund uh
- </c><00:41:22.200><c> fund</c> permanent school trust fund permanent school trust fund um<00:41:24.280
- We do not manage our trust fund as a whole trust asset.
- </c> trust fund as a whole trust asset. trust fund as a whole trust asset.
Committee:
Senate Finance
NH
Transcript Highlights:
- <c> caps</c><01:28:43.199><c> on</c> Health Trust had imposed funding caps on Health Trust had imposed
- Health Trust did not have any exclusion on deductible funding by member organizations.
- Trust did not the funding caps uh Health Trust did not have<01:31:11.320><c> any</c><01:31:11.639><c
- So we, as an entity, Health Trust, Inc., is self-funded, meaning we're carrying the risk.
- </c><01:34:46.239><c> we're</c> Trust Inc is self-funded meaning we're Trust Inc is self-funded meaning
Committee:
Senate Finance
FL
Florida 2026 Regular Session
Joint Legislative Budget Commission Feb 5th, 2025
Transcript Highlights:
- Grants and Donations Trust Fund and $205,175,676 in the Medical Care Trust Fund within the Medicaid
- in the Grants and Donations Trust Fund and $453,814,138 in the Medical Care Trust Fund to provide those
- of $86,774,806... ...from the Medical Care Trust Fund.
- Fund and $1,231,307,005 in the Medical Care Trust Fund to... $1,231,307,005 in the Medical Care Trust
- the General Revenue and Medical Care Trust Funds.
Summary:
The Legislative Budget Commission met with a quorum present and considered 12 budget amendments, most of which were adopted without opposition. The first amendment transferred $8.2 million in Department of Corrections general revenue authority from salary incentives to contracted services to support the phased demobilization of Florida National Guard troops assisting with correctional staffing. Senator Pizzo questioned the length of the Guard’s deployment and urged a long-term staffing solution, while the department said the Guard presence was being reduced and that about 2,200 employees were in training. The Department of State received an additional $618,391 in federal grant authority for library grants and private cloud costs, and the Department of Transportation’s two amendments were zero-sum work program changes: one realigned funds to production-ready projects and another added three projects over $3 million each to the current-year work program.
The commission then approved several Agency for Health Care Administration amendments tied to Medicaid supplemental payment programs. These included funding for the Florida Cancer Hospital Program, indirect medical education payments, disproportionate share hospital payments for the state mental hospitals, the Low-Income Pool program, physician supplemental and public hospital payments, Florida KidCare, and Medicaid services realignment. Members asked about possible federal disallowances in the LIP and physician/public hospital programs, and agency staff said some disallowances were likely but the amount was not yet known. For KidCare and Medicaid, staff explained the changes were based on the December estimating conference, enrollment shifts, and updated actuarial assumptions, including changes to managed care regions and program design.
The final amendment restored budget authority for a hospital direct payment program after a prior payment, including a $24.3 million CMS-related amount and $3.2 million in administrative fees, was not processed before fiscal year-end and reverted. Senator Pizzo pressed the agency on how the payment was missed and whether any penalty applied; staff said the invoice was not received and processed in time and that communication issues contributed. After brief debate on each item, the commission adopted all amendments, with one recorded nay on the final item, and then adjourned.
AR
Transcript Highlights:
- Back to the Budget Stabilization Trust Fund for that.
- I want to talk about the Medicaid trust fund. I guess that's I-6.
- much money it wanted to maintain in the trust fund.
- She asked whether those factors are being considered in the trust fund projections.
- So the Medicaid trust fund is a compilation of many different funds.
Committee:
All ALC-PEER
Summary:
The committee considered several appropriation and transfer requests, beginning with a $273,000 temporary appropriation for the Department of Labor and Licensing to cover administrative costs for its enterprise licensing platform, funded by license and application fees. It then reviewed two large Infrastructure Investment and Jobs Act requests: $280 million for the Department of Transportation for the final quarter of the fiscal year, and $195 million for the State Broadband Office to support the Arkansas BEAD broadband grant program, including an extra help position and grants to internet service providers. The broadband item drew extensive questions about awardees, contract amendments, accountability, build-out timelines, backup plans if providers default, the definition of broadband serviceable locations, and the cost per location. The State Broadband Director said no providers had requested amendments, the program would use milestone-based disbursements and a four-year build-out period, and the first tranche would serve 51,566 homes and businesses with $126.1 million in grants. Both Section B and Section C items were approved.
In Section D, the committee approved a $458,000 transfer within the Department of Correction from the female work release program to the Tucker Unit water treatment plant, a $25 million transfer within the Department of Education to cover declining enrollment, teacher incentive, school recognition, and Easter Seals funding, and a $229,000 transfer for the Department of Shared Administrative Services to support two project management office positions. The education transfer prompted questions about how declining enrollment funding is calculated, how many districts receive it, and how long districts can continue to receive it; agency staff said 152 districts were on the preliminary list and the formula is based on the prior two-year average ADM compared with the previous year. The committee also gave favorable advice on a proposed $4.7 million loan for the Office of State Technology to implement ServiceNow and related IT modernization tools; agency officials said the loan would be repaid through cost recovery rates over five years and would replace an existing loan that is ending, with expected savings from consolidating applications but no precise savings estimate yet.
The committee then reviewed cash fund and federal grant requests, including $200,000 for wage and hour claimant payments, $15 million for unclaimed property claims, $8,000 for a heritage program grant, and $1.1 million for a College and Career Coaches grant to expand services in rural districts. It also reviewed pay plan and budget manual items without objection. The most extensive report discussion focused on the Medicaid trust fund, where DHS and DFA officials said the balance has been declining and that the state may need to add capital back into the fund. Senators and representatives asked about the current balance, the projected year-end level, the role of the $100 million set-aside, the impact of outstanding Medicaid rules from the prior session, and whether future federal funding could help reduce long-term Medicaid costs. Officials said they are still working through more than 10 outstanding rules with CMS and do not yet have a final price tag for those changes. The meeting ended after the reports were reviewed and the committee adjourned.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jul 9th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- Vice Chair of the Water Trust Board.
- Protection fund, or law enforcement protection fund, or now EMS fund distribution, coupled with the finance
- We believe the Water Trust Board is the best mechanism to get water. Projects funded.
- There's a big thank you for many pieces: Fire Protection Fund, Law Enforcement Protection Fund, EMS Fund
- Others have been that they received funding from Capital outlay, or they received funding from another
HI
Transcript Highlights:
- appropriate salaries for the investment office staff of the trust fund.
- appropriate salaries for the investment office staff of the trust fund.
- appropriate salaries for the investment office staff of the trust fund.
- </c><00:21:32.720><c> Fund</c> Union Health Benefits Trust Fund Union Health Benefits Trust Fund Investment
- Chair is Trust Fund staff salaries.
Committee:
Senate Labor and Technology
Summary:
The joint committees on Labor and Technology and Public Safety and Military Affairs heard testimony on several measures. SB 3082, relating to military families and leave protections, drew support from the Department of Labor and Industrial Relations, the military community relations office, the Hawaii National Guard, and the U.S. Department of Defense, all of whom said the bill would align state law with federal standards and better account for military-related leave needs. SB 3110, relating to the Hawaii National Guard, was supported by Department of Defense witnesses who said it clarifies that employees of the Guard’s youth and adult educational programs are excluded from collective bargaining.
The committees also heard SB 3251, which would prohibit certain state law enforcement agencies from hiring former ICE or Border Patrol agents as law enforcement officers. The main testimony in support argued the bill could help prevent local police staffing losses to higher-paying federal agencies and avoid future workforce instability if federal funding changes. The measure drew significant public testimony, with the chair noting 62 testimonies in support, five in opposition, and three comments. Members discussed the bill’s impact on recruitment and retention, and one member voted with reservations while another voted no.
Later, the committees heard SB 3095 and SB 3264, both concerning Hawaii Employer-Union Health Benefits Trust Fund salaries. EUTF testified in support of SB 3095, which would allow the board to set salaries for investment office staff, and SB 3264, which would authorize the board to set the salary for an assistant administrator. After testimony, the committees moved into decision-making and passed SB 3082, SB 3110, SB 3251, SB 3095, and SB 3264 with amendments, generally including technical changes and revised effective dates of January 1, 2077 for the EUTF salary bills and SB 3082.
FL
FL
Transcript Highlights:
- into the Inland Protection Trust Fund.
- into the Inland Protection Trust Fund.
- fund to the State Courts Revenue Trust Fund and eliminated all statutory references to the mediation
- and arbitration trust fund.
- and arbitration trust fund.
Summary:
The Senate began with prayer and the Pledge of Allegiance, then moved into floor consideration of the 2026-2027 budget. Appropriations Chair Hooper presented Senate Bill 2500, describing a $115 billion budget that reduces overall spending from the prior year, maintains reserves, and includes a 3% pay raise for state employees and 5% raises for state law enforcement, firefighters, correctional officers, and park rangers. Committee chairs then outlined major spending in their areas, including K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and environmental and agricultural programs. Highlights included increased funding for school scholarships and safety, workforce and university programs, Medicaid and child welfare, corrections operations, affordable housing, rural communities, Everglades and water quality projects, and infrastructure.
Members then asked detailed questions about several budget items. Senators sought clarification on the Emergency Management Trust Fund, arts and cultural grants, Florida Forever land acquisition versus conservation easements, teacher salaries, charter school capital outlay funding, EASE grants, New College funding, DOC inmate counts and reimbursement, lottery staffing, concealed weapons licensing positions, election security funding, iBudget waiver support, ADAP funding, Medicaid hospital rate reductions, and scholarship and enrollment supplements in K-12 education. Chairs explained that some reductions reflected technical shifts or right-sizing, that some funds were being moved below the line for better tracking, and that several items—such as ADAP and corrections operations—would likely remain conference issues with the House.
After questions, the Senate substituted House bills for the budget and implementing measures and adopted amendments placing the Senate language onto the House vehicles to prepare for conference. The chamber passed the budget-related bills and several conforming measures, including bills on retirement, fuel taxes, the state agency law enforcement radio system, court trust funds, judgeships, and K-12 and higher education conforming changes. Votes on the major bills were overwhelmingly unanimous or near-unanimous, and the Senate repeatedly voted to accede to the House’s request for conference on the substituted bills.
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/10/2025)
Transcript Highlights:
- into the Education Trust Fund.
- now be funded through the education trust fund.
- </c> be funded through the education trust be funded through the education trust fund<00:49:10.119><c
- </c> funds to administer the education trust funds to administer the education trust fund<00:57:37.280
- Trust Fund.
Summary:
The Finance Division II committee heard a Department of Education budget presentation from Commissioner Frank Edelblut and CFO Tammy Valen-cour. The department outlined its organizational structure and emphasized that it functions largely as a flow-through agency for school funding. The commissioner reviewed general fund and Education Trust Fund items, including state aid, dropout prevention, special education, building aid, lease aid, charter schools, Education Freedom Accounts, and the district adequacy calculation. He also highlighted the public school infrastructure fund, saying the state has invested well over $50 million in school safety since 2018 for measures such as access controls, locks, and window film, and argued that safety spending should be ongoing rather than reactive.
Members asked about the variability in the school infrastructure line, special education aid, and the Discovery Education learning platform. Edelblut explained that some safety funding had come from one-time surplus appropriations rather than the agency line, and said special education aid was underappropriated because districts submitted more invoices than expected; he said the governor added $16 million to address the shortfall. He also described CTE renovation funding, noting four projects were initially proposed but only Jaffrey and Milford were still moving forward, with local votes required and the state covering 75% of costs. He said Milford’s project was omitted from the governor’s budget by oversight.
The department also reviewed enrollment trends, noting public school enrollment has fallen from about 230,000 students in 2002 to about 185,000 today. Edelblut clarified that charter students are not eligible for Education Freedom Accounts, while EFA students attending non-public schools are counted as EFA students. He described several one-time surplus-funded initiatives, including Student Clearinghouse, MTSSB work, civics curriculum development, computer science education, and adult education. He also discussed a $4 million CTE tuition and transportation grant, saying it was kept as a competitive grant rather than a formula grant to avoid creating an ongoing maintenance-of-effort commitment that could jeopardize federal Perkins funding.
In the final portion, Edelblut identified prioritized needs in the department’s budget, especially funding for a state administrator for assessment to support the legislatively required civics assessment, and additional support for the Discovery Education platform. He said every school in the state is using the platform and cited more than 1.5 million educator engagements, while a member raised concerns about mixed reviews and uneven district awareness of the program. No votes or formal actions were taken during the presentation and question period.
NH
Transcript Highlights:
- and</c> over use of funds are trust funds and over use of funds are trust funds and most<03:55:52.160
- </c> maintenance trust fund to handle things maintenance trust fund to handle things for<03:55:55.920
- A lot of them have um trust funds.
- </c><03:57:10.720><c> fund</c> trust funds because the contingency fund trust funds because the contingency
- You can't do that with trust funds. You know, trust funds are for specific purposes.
Committee:
House Education Funding
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Housing Jun 18th, 2026
Joint Committee on Housing
Transcript Highlights:
- The two bills before us today, first is H. 5447, an act relative to an affordable housing trust fund
- The town's recently updated housing production plan highlights that using the town housing trust fund
- to serve... ...housing production plan highlights that using the town housing trust fund to serve a
- fund and fusing the two trusts in the next session when those fixes are available.
- I see none. get to work and that with the goal of adopting that year-round trust fund infusing the two
Bills:
H5314
Committee:
Joint Joint Committee on Housing
Keywords:
condominium conversion, co-owned property, tenants in common, two-unit building, duplex, partition action, Land Court, chapter 183A, chapter 241, master deed, shared ownership, housing, property law, real estate, easements, common areas, common expenses, condominium ownership, small multifamily housing, 1212