Video & Transcript Research : 'LBA Briefing on Budget'

Page 55 of 500
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/10/2025)

Transcript Highlights:
  • Our office, the LBA, would take care of that on the surplus statement, so we would make a negative adjustment
  • Our office, the LBA, would take care of that on the surplus statement, so we would make a negative adjustment
  • Our office, the LBA, would take care of that on the surplus statement, so we would make a negative adjustment
  • Does the House versus Finance then have to vote to adjust the budget based on that, or how does that
  • full body would for an operating budget full body would vote<03:47:01.120><c> on</c><03:47:01.399><c
Keywords: 1189, house, all
Summary: The committee received a Department of Revenue Administration update from Commissioner Lindsay Stepp focused on revenue estimates for fiscal years 2025, 2026, and 2027. She explained the department’s forecasting method, which uses five scenarios based on the first seven months of actual collections and different assumptions for the remaining months, then selects a reasonable high and low range for FY 25 and applies projected growth rates for FY 26 and FY 27. Members asked several clarifying questions about how the scenarios are chosen and how the estimates relate to economic growth and taxpayer behavior. For business taxes, Stepp reported FY 25 year-to-date collections of $110.3 million, 18.2% below plan and 17.2% below prior year. She said the shortfall reflects both economic conditions and a resetting of estimated payments after unusually strong pandemic-era profits, and noted that the department cannot fully separate changes in taxpayer liability from changes in estimated payment behavior. She said approximately just under $72 million was refunded in FY 24 due to the CCO cap, and that FY 25 year-to-date refunds are at 41.7%. For business taxes, the department’s FY 25 range was based on either continued underperformance versus plan or a return to prior-year levels, with FY 26 and FY 27 growth projected at 3% to 8%. The committee also reviewed meals and rooms tax, tobacco tax, and related trends. Meals and rooms revenue was $6.9 million, or 3.3%, ahead of plan and prior year; the FY 25 gross estimate was $475.894 million, with a net range of about $331.82 million to $335.259 million after municipal transfers and school building aid. Stepp said recent monthly results suggest some fluctuation tied to disposable income, weather, and travel patterns, but no clear sustained decline. Tobacco tax was $18.1 million, 14% below plan and 4.8% below prior year; she said cigarette stamp sales are declining while e-cigarettes and other tobacco products are growing, with FY 25 tobacco revenue projected at $182.5 million to $185.3 million and FY 26-FY 27 growth ranging from -5% to flat. No votes or formal actions were taken.
NH

New Hampshire 2025 Regular Session

Senate Energy and Natural Resources (02/20/2025)

Energy and Natural Resources

Transcript Highlights:
  • Yes, and I'd like to offer Amendment 501S that you should have on your desk. me you I had LBA drafted
  • We're doing a lot of work in the budget on this, and I think that's the appropriate vehicle right now
  • </c><00:35:35.920><c> on</c><00:35:36.119><c> this</c><00:35:36.280><c> and</c> lot of work in the budget
  • on this and lot of work in the budget on this and and<00:35:36.680><c> I</c><00:35:36.800><c> think<
  • c> any comments Megan on this or on the any comments Megan on this or on the discussion<00:40:42.160>
Keywords: 1191, senate, all
NH

New Hampshire 2025 Regular Session

Senate Finance (03/18/2025)

Finance

Transcript Highlights:
  • in to get it done because it's in the on in to get it done because it's in the budget<00:17:23.439><
  • person, one group negotiating on this, the government side, and one group negotiating on the hospital
  • </c> one it will not go on one it will not go on consent<01:07:07.359><c> all</c> consent all consent
  • If you wanted to further vote on this for a minute or two, I can ask LBA to investigate what the real
  • > um just want to clarify on this one um I um just want to clarify on this one um I know<02:08:57.480
Keywords: 1191, senate, all
LA

Louisiana 2026 Regular Session

Natural Resources May 27th, 2026

Natural Resources

Transcript Highlights:
  • If you have your cell phone, please put it on silent.
  • And they've come a long way with radios on collars with dogs for tracking and that kind of thing.
  • Representative Coates, on your resolution. Thank you, Mr. Chairman.
  • And I told Representative LaCombe I would do this one for him.
  • But one observation I would make, and this is not...
Summary: The Senate Natural Resources Committee met on March 27 with a quorum present, approved prior minutes, and then took up several resolutions and one bill related to wildlife, water resources, and conservation. H.C.R. 79, as amended, urged the U.S. Forest Service and the Department of Wildlife and Fisheries to work together to allow the use of dogs for hunting in Kisatchie National Forest; supporters described it as a traditional hunting practice that has been restricted for years and could benefit local hunters and businesses. H.C.R. 104, as amended, asked the Department of Conservation and Energy and the Louisiana Geological Survey to study and modernize the collection, retention, and access to subsurface data, with members emphasizing the need to avoid sharing company-specific information. H.C.R. 87 was reported favorably to support correspondence from U.S. Sen. Kennedy regarding duck flyway management, H.C.R. 54 was reported favorably to study the impact of flooded corn on migratory waterfowl and restore an enforcement mechanism related to hunting over intentionally flooded crops, and H.C.R. 94 was reported favorably to require annual boating safety reports to legislative committees. The committee then heard HB 1209, which would have paused new cooperative endeavor agreements for surface water withdrawals while allowing existing agreements to continue and be renewed through December 31, 2036. The author said the bill was intended to give the state time to develop a more comprehensive, data-driven surface water strategy and to address invasive species such as giant salvinia, which he said has severely affected waterways in his district. Members and witnesses acknowledged the seriousness of the issue, but there was concern that the bill was too complex to move quickly in the session. The committee discussed converting it into a study resolution instead, and the bill was deferred without objection. The meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 3/18/25

Human Services Finance and Policy

Transcript Highlights:
  • Many of you have actually signed on.
  • c> actually signed on because this is actually signed on because this is really<00:04:02.159><c> a</c
  • </c> on the Innovation Grant which works on on the Innovation Grant which works on the<00:25:24.240><
  • We still remember that, you know, mixed Democrats and Republicans on one on the third floor, so that
  • on third floor so that one on third floor so that was<00:53:32.400><c> so</c><00:53:33.319><c> well<
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • The Joint Committee on Appropriations and Budget was called to order.
  • Representative Lepak, hold on one second. I believe there is a committee substitute.
  • So, on a point of information? On a point of information, Mr.
  • As you all know, that we have one of the number one, we have the number one wheat breeding breed in the
  • With that, we will stand adjourned from this Joint Committee on Appropriations and Budget, and I will
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget 3rd Revised Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • Welcome to the Senate Joint Committee on Appropriations and Budget.
  • Is there an actuarial analysis on this, and if so, could you please give me a brief summary of what it
  • It's just making sure that the earliest we can do this It is on that July 1st 2026 that the budget year
  • And so, help me understand spending a million dollars on individuals to review the budget items that
  • Chair, on item BB. I'm on page six now.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • The Joint Committee on Appropriations and Budget was called to order.
  • Representative Lepak, hold on one second. I believe there is a committee substitute.
  • This one is for OPRS.
  • what we're voting on.
  • With that, we will stand adjourned from this Joint Committee on Appropriations and Budget, and I will
Summary: The Joint Committee on Appropriations and Budget met to consider a long agenda of appropriations, retirement COLAs, revolving funds, and limits bills. Early actions included Senate Bill 1144 and Senate Bill 1145, which provided cost-of-living adjustments for retired teachers and OPRS retirees, respectively, and Senate Bill 1146, 1147, 1148, and 1149, which extended similar retirement benefit increases or a one-time stipend for law enforcement, firefighters, judges, and certain retired police and firefighters. The committee also advanced bills funding the Pardon and Parole Board, OSBI cybercrimes and fraud work, juvenile medication, and several agency limits bills for Health Care Authority, Health Department, Mental Health and Substance Abuse Services, and DHS. Members also heard and passed a series of education, public safety, and economic development measures, including funding for school security at the School for Science and Math and the Schools for the Blind and Deaf, support for National Board certified teachers, and appropriations for the Rural Health Transformation Program, the Decennial Census Revolving Fund, Task Force One, and the Oklahoma State Bureau of Investigation forensic center. Several bills created or expanded revolving funds and financing tools, including military readiness and aviation funds, a taxpayer endowment trust fund, water infrastructure loan and REAP-related measures, and a revised non-coal mining fee structure. The committee also approved a bill increasing court reporter pay and another reducing employer contributions to the retirement system after it reached over 100% funding. There was notable discussion on a $5 million film-related pilot program for sitcom production, with questions about the amount and certification requirements, and on a rural economic development package that included money for the state fairgrounds and a university energy plant, which drew objections over whether those projects fit the intended purpose of rural prep funds. Other debated items included a bill directing funds to the Oklahoma Dream Act/Trump accounts, a bill rejecting judicial pay increases recommended by the Board of Judicial Compensation, and a proposal to move $200 million from the stabilization fund into a new Taxpayer Endowment Trust Fund. Most measures were reported out with due pass votes, though several drew dissenting votes, including the film bill, the fairgrounds/economic development bill, the water projects bill, and the trust fund and judicial pay measures. The committee adjourned after completing the agenda.