Video & Transcript : 'online pricing' :
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MO
Missouri 2026 Regular Session
Agriculture Apr 14th, 2026
Agriculture, Food Production and Outdoor Resources
Transcript Highlights:
- Alexandria's going online with... ...five years, I think, are ports and equipping those.
- Alexandria's going online, which is one of yours. It's sort of a proto-port at this point.
- I'm driving them on the way down here, and I tell them the price of grains up at Ladonia because it's
- So my whole point on that is we're talking about a lot of ports that are going online.
- Better price for the shippers, better price for the farmer, getting product to market.
Summary:
The House Agriculture Committee held a public hearing on House Bill 2998, with Representative Riggs explaining that most of the bill would be removed in committee substitute and that the remaining provisions would focus on an Upper Mississippi River Basin feasibility study and creating a stand-alone rural development office within DED. Riggs argued the study could explore hydropower, run-of-river technology, and a longer navigation season on the Mississippi, while the rural office would better serve Missouri’s roughly 2 million rural residents and provide a more permanent focus than current staffing arrangements. Committee members asked about why the river has not been used for power before, the cost and timeline of the study, the feasibility of retrofitting old locks and dams, and how the rural office would improve coordination and funding for rural development.
Testimony in favor included Lisa Pennett, who urged keeping the coal-related language and said Missouri should protect its remaining coal plants amid growing electricity demand; Mike Sutherland of Missouri Electric Cooperatives, who supported the rural development office and described co-ops’ role in broadband, workforce, housing, and community development across rural Missouri; and MoDOT’s Pamela Harlan, who said the agency would need to coordinate with the U.S. Army Corps of Engineers on the river study, estimated the study cost at about $3 million, and said it would likely take about three years. Informational testimony from Missouri Policy Initiative provided data on hydropower nationally, noting that only a small share of U.S. dams generate electricity, many retrofit projects are not viable, and a Mississippi River lock-and-dam project in Missouri and Illinois had recently received a federal permit to study feasibility. The hearing ended with the chair noting the bill would be narrowed in a substitute and then adjourning the committee; no vote was taken.
NM
Transcript Highlights:
- In a lot of this budget, the price can move up and down. So, Mr. Chair, what price did we use?
- What was the price of oil we were using at that time for next fiscal year 57, Mr. Chairman?
- When you See Amazon, UPS, everybody's ordering online.
- The online school stuff. Has Got to get corrected, and as we fix that, I didn't create the problem.
- We were notified that somehow, on online, House Bill 273 is posted as House Bill 2.
Committees:
Senate Senate Finance , Senate House Appropriations & Finance
Keywords:
Shaken Baby Syndrome, abusive head trauma, child safety, training and education, healthcare funding, youth internships, workforce development, education, grant funding, employment, drinking water, water quality, environment, public health, water filtration, private well testing, federal funding, childhood sexual abuse, time limitations, civil actions
NY
Transcript Highlights:
- technical assistance directly to the OCC through an MOU that we have with them, enabling them to get online
- We've had... ...to the OCC through an MOU that we have with them, enabling them to get online.
- We've had meetings, excuse me, with the Federal Reserve, with the FDIC, to get them online in terms of
- that provides clear protections for consumers when an insurer may be using AI in underwriting and pricing
- clear thank you clear protections for consumers when an insurer may be using AI in underwriting and pricing
Committee:
Senate Banks
Summary:
The Senate Banking Committee met for its first meeting of the session, with Chair James Sanders Jr. and Ranking Member George Borrello opening the hearing and noting a collaborative approach to committee work. The committee first considered and advanced several bills: S.114, which would prohibit state-chartered banks from investing in or financing private prisons; S.2040, which would require money transmitters to provide a consumer warning; S.5473, which would require disclosures in advertisements involving virtual tokens; and S.8406, Sanders’ bill to amend the community bank deposit program. Each bill was moved and approved by committee, with S.8406 passing unanimously.
The committee then heard from Caitlin Azar, Acting Superintendent of the Department of Financial Services (DFS), who outlined her background and DFS priorities. She emphasized affordability, consumer protection, stability, and innovation, and discussed DFS-led initiatives in the governor’s budget, including Banking Development Districts, non-bank mortgage CRA regulations, CDFI investment guidance, and consumer restitution. She also said DFS plans to issue buy-now-pay-later regulations in February, expand student lending protections and borrower education, and continue work on insurance affordability, including auto and homeowners insurance reforms, anti-fraud efforts, and discounts tied to telematics, dash cameras, and safe-driving courses.
Members questioned Azar about the balance between regulation and access, especially in crypto, buy-now-pay-later, and insurance markets. She said DFS aims to preserve competition while preventing discriminatory or excessive practices, and described existing oversight of virtual currency, including coordination with federal regulators. Another member asked about AI in auto insurance underwriting and pricing; Azar said DFS requires transparency, bias review, governance controls, and consumer recourse, and that credit scores cannot be used to deny or increase rates. The chair also raised concerns about foreclosure in Southeast Queens, improving BDD paperwork and data collection, and increasing the number of state-chartered credit unions. Azar said DFS is working on process improvements, community input, and maintaining open communication with the committee, but no additional votes or formal actions were taken during the DFS hearing.
NM
New Mexico 2026 Regular Session
House - Transportation and Public Works Jan 27th, 2026 at 09:07 am
Transcript Highlights:
- activities we do at the district level, pavement preservation type projects are what we would do on our price
- agreements, statewide price agreements.
- package, but a lot of these pavement preservation-type projects that we do at the district level on price
- Do we have anyone online in support of HB 3? No, Mr. Vice Chair.
- Do we have anyone in opposition to HB 3 online? No. Do we have anyone in opposition to HB 3 online?
Summary:
The committee met with quorum and took up only HB 3, the Department of Transportation Appropriation Act of 2026 for FY27. The bill was presented as an amended budget that would increase NMDOT’s operating budget by about $132.6 million, or 10.2%, using available cash balances, additional projected revenue, and contingent revenue tied to Senate Bill 2, the highway bond bill. Staff walked through the amendment section by section, explaining changes to project design and construction, highway operations, program support, modal programs, federal and interagency transfer lines, corrected performance-measure language, and added budget adjustment authority for the current and next fiscal years.
Several members raised concerns about the late circulation of a revised amendment and the appearance of multiple bill versions, arguing the committee had not had enough time to review the changes and that the process may have violated the 24-hour rule. Others asked for clarification on how the budget distinguished between rehabilitation and maintenance, and DOT staff explained that major rehabilitation is generally tied to STIP projects while maintenance is handled through district-level plans and contracts. Members also discussed the use of cash balances for non-recurring spending, the impact of electric vehicles on road revenue, and the need for more maintenance, litter cleanup, fencing, and beautification funding. DOT and executive representatives noted the amendment includes a significant maintenance increase and said additional non-recurring funding could also come through House Bill 2 and the capital bill.
The committee first rejected a substitute motion to delay action, then adopted the amendment and later voted due pass on HB 3 as amended. Public comment was opened, but no one spoke in support or opposition. After passage, members explained their votes, with some supporting the bill as a needed transportation investment and others objecting to the process and the compressed review timeline.
CA
California 2025-2026 Regular Session
Assembly Floor Session Jun 3rd, 2025
California House Floor Meeting
Transcript Highlights:
- AB 410 ensures honesty in online interactions.
- And just the median home price is over $1.5 million, it is unsustainable.
- driver's license or identification card to seamlessly register to vote online.
- Because they could never catch up to the rising housing prices.
- Virtually everyone here pledges to try to do all we can to lower housing prices.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 10:00 am
Joint Committee on Revenue
Transcript Highlights:
- Median home price in... Median home price in Chatham routinely tops $1.5 million.
- The average home price on Nantucket today is $4.3 million.
- The median home price on Nantucket is close to $4 million.
- prices are lower.
- The median sales price is $700,000.
Committee:
Joint Joint Committee on Revenue
Summary:
The Joint Committee on Revenue held a public hearing on a series of bills focused largely on local-option real estate transfer fees and housing funding tools for communities facing severe affordability pressures. Testimony strongly favored bills for Somerville, Concord, Martha’s Vineyard, Nantucket, Chatham, and a statewide local-option transfer fee, with speakers arguing that high-end real estate transactions should help fund affordable housing, anti-displacement efforts, workforce housing, and related capital improvements. Elected officials and local housing leaders described rising rents and home prices, investor activity, shrinking year-round housing stock, and difficulty recruiting or retaining teachers, police, health care workers, and other essential employees. Several witnesses emphasized that the proposals would be optional for municipalities, could include exemptions for first-time homebuyers or seniors, and would direct revenue into local affordable housing trust funds or housing banks. Committee members asked questions about who would pay the fee and whether it could make housing less affordable, and supporters responded that the fees would be targeted at higher-value transactions and designed with local flexibility.
For Somerville, the delegation and Mayor Katjana Ballantyne backed both a local home rule petition and statewide enabling legislation, saying the city has already used zoning reform, inclusionary zoning, and local housing funds but still needs a new revenue source to address displacement and investor-driven purchases. For Concord, Representative Carmine Gentile and Concord housing advocates supported a home rule petition and the statewide bill, arguing that a modest fee on sales above $1 million could generate predictable revenue for affordable housing production and preservation. One committee exchange focused on whether the fee would affect most Concord sales and whether it would be passed on to buyers; supporters said the policy was intended to shift costs toward higher-value properties and help leverage other funding sources.
The committee also heard testimony on House 4105, which would redirect a casino-related revenue stream to the Healthy Incentives Program. Farmers, advocates, and residents said the current funding was originally intended to support horse racing but has not met that goal, and that the money would be better used to support Massachusetts farmers and food-insecure residents through HIP. In a separate bill, Senator Becca Rausch testified in support of Senate 268, which would create a state-level hostile learning environment complaint process for higher education institutions and potentially strip tax exemptions from colleges or universities found to have such environments; she cited anti-Semitic and transphobic incidents on campuses and argued that existing federal protections should be mirrored in state law. The hearing also included testimony on college tuition debt reduction legislation from Senator Michael Moore, who said the bill would allow a deduction for tuition and fees paid to Massachusetts public colleges and universities to ease student debt and support the state’s workforce.
A major portion of the hearing focused on Martha’s Vineyard and Nantucket housing bank proposals. Hospital, school, housing, planning, and municipal officials from Martha’s Vineyard said the island’s year-round housing shortage is harming health care, schools, and the local workforce, and urged approval of a housing bank funded by a local-option transfer fee. Nantucket witnesses made similar arguments, pointing to a very high median home price, a large seasonal housing stock, and the need for a dedicated revenue stream to preserve and create year-round housing. Supporters repeatedly cited the long-running success of the islands’ land banks as evidence that transfer fees can work without harming real estate markets. Senator Julian Cyr and Representative Thomas Moakley Luddy also backed the Cape and Islands transfer-fee bills, saying the region needs bold action and a sustainable local funding source to address its housing crisis.
ND
North Dakota 2026 1st Special Session
Higher Education Funding Review Committee Jan 14th, 2026 at 08:30 am
Transcript Highlights:
- So this document is also linked on the agenda online for those viewing online.
- It's out-of-state online, and it's the other online.
- . ...online out of state from other online providers.
- There's five to 10,000 North Dakota's taking courses online out of state from other online providers.
- since it's not only with online... online out of state from other online providers.
Summary:
The Higher Education Funding Committee met to discuss possible changes to North Dakota’s higher education funding formula, with a particular focus on separating the UND School of Medicine and Health Sciences MD program from the general formula. Dr. Jenkins outlined several options for the MD program, including a fixed-funding model, a hybrid model, or keeping it in the formula, and emphasized the need to preserve strong support for medical education while making future funding clearer. He also discussed efforts to increase the share of North Dakota students in the MD program through ND85, expanded recruiting, early acceptance pathways, MCAT prep, a four-plus-one program, and the Primary Care Accelerated Track, along with future cost pressures such as AI licensing and residency growth.
The committee then reviewed a simplified funding model from the University System Office that would base funding more heavily on student FTE, credentials awarded, and a few incentive factors such as small institution and research adjustments. Members questioned the use of placeholder numbers, the lack of a clear methodology for the small institution and research factors, and whether the model would adequately account for differences among institutions, high-cost programs, and graduate education. Several members raised concerns that arbitrary factors would be hard to defend politically and could distort funding or create competition between schools, while others said the exercise was useful as a starting point for discussion.
Alex presented a second alternative that kept the current SIP-code structure but increased CTE weighting, added a progressive economic size factor, and separated out the MD program. His model also added an on-campus face-to-face headcount component and a credentials component, with the intent of rewarding in-person enrollment and completions. Members questioned the use of headcount instead of FTE, how hybrid, online, dual-credit, and off-campus students would be treated, and why face-to-face enrollment was weighted more heavily than completion. No formal votes or final actions were taken; the committee instead continued discussion and asked members to provide direction on which elements, if any, should be developed further.
LA
Louisiana 2026 Regular Session
Special Committee on Regulatory Reform Mar 4th, 2026
Transcript Highlights:
- And this price effect disproportionately impacts low-income households.
- And then at the household level, I mentioned that consumer price effect earlier.
- Regulations... ...I mentioned that consumer price effect earlier.
- How can we get rid of the regulations that are driving home prices up?
- How can we get rid of the regulations that are driving home prices up?
Summary:
The Special Committee on Regulatory Reform met to hear from Patrick McLaughlin of the Hoover Institution and Pacific Legal Foundation about regulatory accumulation and reform. Chair Mark Wright explained the meeting was a study hearing only, with no votes planned or quorum for action. McLaughlin described his research measuring regulation by counting binding words such as “shall” and “must,” and said Louisiana ranks among the most regulated states, with about 183,000 restrictions and growth in regulatory stock outpacing the national average. He argued that excessive regulation slows GDP growth, raises consumer prices, and disproportionately burdens small businesses and low-income households.
McLaughlin pointed to reform examples in British Columbia, Idaho, and Virginia, where centralized oversight, periodic review, one-in-one-out or similar rules, and simplified benefit-cost analysis were used to reduce regulations without harming safety. He said Virginia’s regulatory modernization effort, including use of AI and a regulatory management office, helped cut requirements and lower homebuilding costs. Committee members asked about how the data were measured, how regulation affects housing, licensing, and population growth, and whether Louisiana could use similar tools. McLaughlin emphasized that AI should assist human reviewers, not replace them, by identifying outdated, duplicative, or overly burdensome rules.
Members also discussed Louisiana’s own reform efforts, including LaDOGE, permit streamlining, and prior bills to create public hearings and legislative review of regulations. Wright and others asked about federal mandates, “gold plating” of state rules, and how to identify unnecessary state-level additions. McLaughlin said some state rules are required by federal law, but many others are not, and AI can help distinguish required language from added burdens. No votes were taken, and the committee adjourned after members expressed interest in following up on McLaughlin’s report and examples from other states.
TX
Texas 89th Regular
Senate Committee on Health and Human Services Apr 2nd, 2025
Health & Human Services
Transcript Highlights:
- children without placement as DFPS already executes data reporting. as a part of its budget riders online
- We have to find a way to get better prices and make this work for all of America.
- Health prices and costs in Texas are rising.
- That's all going to have to be priced into the plan.
- Surgical centers, you know, we've heard a lot of different ways, cash prices, things like this.
Committee:
Senate Health & Human Services
CA
California 2025-2026 Regular Session
Senate Business, Professions and Economic Development Committee Jun 29th, 2026
Business, Professions and Economic Development
Transcript Highlights:
- And recently, the rising prevalence of live service games requiring online server connections has been
- Books, movies, music, software, and online services are not required to remain a standard.
- The other case in the analysis is The Crew, which was online for 10 years.
- It's almost all online, so you're able to buy things directly from a telehealth company.
- Prices have doubled and tripled across critical technology segments.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Education Jun 21st, 2026 at 01:00 pm
Joint Committee on Education
Transcript Highlights:
- A copy of today's agenda has been made available online on the hearings and events page.
- Yes, Superintendent Morgan is online. Thank you. Can everyone hear me okay? Yes, go ahead.
- We have to accept their price. Yeah, if I could just... It goes beyond the reimbursement.
- So, we have Adam Blaisdell, our school business officer, who is online.
- Okay, is Samantha Lincoln online? Yes.
Committee:
Joint Joint Committee on Education
Summary:
The hearing focused primarily on H. 517/S. 314, a bill to provide a sustainable future for rural schools, and H. 697, a bill to require full funding of regional school transportation. Witnesses from rural districts, school committees, superintendents, students, and local officials described chronic underfunding, declining enrollment, high fixed costs, special education and transportation burdens, and the loss of programs, staff, and extracurriculars. Several speakers argued that rural aid should be funded at $60 million annually and made non-discretionary, while others emphasized that transportation reimbursement for regional districts has repeatedly fallen short of the state’s promise and is driving budget crises and overrides. A number of students testified in support of rural aid, describing cuts to classes, counselors, and activities, and the impact on their schools and communities. Committee members also discussed whether transportation policy should be revisited to address underlying cost drivers, including bus bidding practices and whether regional districts should have more flexibility in transportation requirements.
The committee also heard H. 515, concerning Hancock Elementary School and a school choice-related exemption from a state requirement that has created a large financial burden for the district. Hancock’s superintendent and Rep. John Barrett explained that a decades-old regulation, recently enforced by DESE, would require Hancock to pay tuition for choice-in students through high school graduation even though the district only serves pre-K through grade 6 and sends its own students elsewhere for middle and high school. They said the rule creates a significant per-student shortfall and has forced Hancock to opt out of school choice. Committee members asked for clarification about how the arrangement works and how the costs fall on Hancock.
Additional testimony supported related transportation bills for non-regional districts, especially Plymouth/Carver and North Middlesex, describing high and rising bus costs, special education and McKinney-Vento transportation expenses, and the strain on local budgets. Speakers repeatedly said that state reimbursement has not matched actual costs and that communities are being forced to choose between transportation and classroom services. No votes or final actions were taken in the hearing; the committee simply received testimony and closed the hearing on the bills discussed.
LA
Louisiana 2026 Regular Session
Agriculture, Forestry, Aquaculture, and Rural Development Mar 26th, 2026
Agriculture, Forestry, Aquaculture, and Rural Development
Transcript Highlights:
- If the commodity prices go up, that will go up a little bit.
- If the commodity prices go up, that will go up a little bit.
- These amendments are in your folders and are also online.
- These are in your folders and are also available online.
- I'm trying to get you online. I'm trying to get you online. There we go. I'm sorry.
Summary:
The committee first approved the minutes and welcomed a new member, then took up a series of agriculture-related bills, many focused on Louisiana seafood and producer protections. HB 121 by Rep. Domain would let the Department of Agriculture and Forestry seize and destroy adulterated imported seafood after a stop order, rather than relying on another agency to do it; the commissioner said the bill would improve enforcement without adding major cost, and it was reported favorably. HB 725, also by Rep. Domain, was amended to require retailers to keep invoices for imported seafood for six months so inspectors can verify country of origin and labeling; the committee adopted the technical amendment and reported the bill favorably. HB 367, dealing with Structural Pest Control Commission hearing notices, was described as a technical change to align notice procedures with the Administrative Procedure Act and was also reported favorably. HB 505, on certification cards for commercial applicators, pesticide salespersons, and agricultural consultants, was amended to keep unexpended pesticide fund money in the fund and streamline renewal timing; it too passed favorably.
The committee then considered several measures aimed at protecting farmers from market losses. HB 344 by Rep. Coates raised the Grain and Cotton Indemnity Fund thresholds for suspending and restarting assessments, with the commissioner explaining that recent bankruptcies and broker failures had shown the need for a larger reserve; the bill was reported favorably. HB 370, a follow-up measure on the same fund, increased the assessment rate on agricultural commodities so the fund could grow faster, and it also passed without objection. HB 847, on Soil and Water Conservation Commission district supervisor elections, was amended to require certified nominating petitions, shift election administration to the Secretary of State, and remove outdated statewide election language; supporters said the change would modernize a system that had become costly and unwieldy, and the bill was reported favorably. HB 370 and HB 847 drew discussion about ballot access, election administration, and the nonpartisan nature of soil and water districts.
The meeting also included a lengthy agriculture update from Commissioner Strain and a presentation from LSU Ag Center Dean Matt Lee. Strain discussed seafood imports, labeling enforcement, shrimp industry promotion, feral swine damage, fertilizer and diesel cost pressures, pesticide disposal, and export markets for rice and timber, emphasizing that Louisiana agriculture depends on testing, marketing, and international trade. Lee reported that LSU Ag Center research is ranked among the nation’s top agricultural programs, with major work in sugarcane variety development, and said the center’s research generates substantial economic returns for Louisiana producers. Several industry representatives, including Louisiana Farm Bureau and LSU Ag Center staff, spoke in support of the bills and the state’s agricultural programs.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (02/18/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- </c> child goes online and buys something. child goes online and buys something.
- </c> Amazon or some other website online. Amazon or some other website online.
- Do we sue that online enforces that? Do we sue that online retailer?
- that came from online.
- So, I mean that's in price.
Committee:
House Commerce and Consumer Affairs
AZ
Transcript Highlights:
- We have Zion Dennis, Noah G., Josephine Hoskins, Cassidy Price, Sincere Wyatt, chaperone Brian Jehe,
- SB 2665, manslaughter online services and encouragement.
- SB 2696, commerce of 30 gas prices prioritizing. HB 2720, DES benefits administration continuation.
- Senator Sears said this is not price gouging and that it works in veterans' interests.
- Look at the price of gas.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 23rd, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- Additionally, prices have increased on most necessities like food, prescription drugs, and utilities.
- Price increases affect older people more deeply since they are more likely to be retired and living on
- People specifically want Texas shrimp and are willing to pay the higher price.
- The price for what we know costs more to get to farm. Only they advertise as Gulf shrimp.
- What about all of your online menus?
Bills:
HB2226 , HB2269 , HB2343 , HB2760 , HB3621 , HB4079 , HB4204 , HB4518 , HB4531 , HB4555 , HB4850 , HB4876 , HB4903 , HB4996 , HB5122
Keywords:
construction trust funds, Property Code, Chapter 162, construction payments, mechanics lien, contractors, subcontractors, laborers, material suppliers, materialmen, real property improvement, assignment of payment rights, unpaid trust funds, trust fund beneficiaries, construction industry, payment protection, Texas construction law, property owners association, landscaping, grass maintenance
WA
Transcript Highlights:
- religious organization if 100% of the units are set aside or occupied by low-income households at a sale price
- that exceeds the sum of the sale price that the member paid into their ownership interest, the cost
- that exceeds the maximum allowed price, instead of both.
- We're going next to Virginia online and then we'll have Carl Schrader, Michael Transoe, and Blake Lyon
- We're going next to Virginia online and then we'll have Carl Schrader, Michael Transoe, and Blake Lyon
Committee:
Senate Housing
WA
Washington 2025-2026 Regular Session
House Consumer Protection & Business Jan 28th, 2026 at 01:30 pm
Consumer Protection & Business
Transcript Highlights:
- firm in the state, especially in the Seattle area, where it has about 25% market share across all price
- interest rates, crisis with buyers struggling to navigate high home prices, elevated interest rates,
- We are working so hard to get housing online.
- Being able to engage with the self-storage facility entirely online, secure the unit, sign the lease,
- Modern consumers expect secure, transparent online access.
Committee:
House Consumer Protection & Business
Keywords:
real estate, appraisal, consumer protection, business operations, regulatory compliance, HB 2501, real estate disclosure, seller disclosure notice, residential property, home heating oil tank, oil tank insurance, pollution liability insurance agency, PLIA, heating oil contamination, remediation assistance, Washington real estate, property sale, buyer disclosure, seller obligations, oil heat
ID
Idaho 2026 Regular Session
Jan 14th, 2026
Transcript Highlights:
- Price? Thank you. Manwaring, Mitchell, Price, Bruce, Harris, Harris. Thank you.
- "Representative Price." "Thank you, Mr. Chairman. Mr.
- Chairman, Representative Price, I'm going to do my best.
- We have our women's prison that's waiting to come online.
- That is available online.
Summary:
The committee received a broad budget overview from Legislative Services staff on the state’s fiscal position, focusing on the general fund, structural balance, cash reconciliation, and the governor’s budget recommendations for fiscal years 2026 and 2027. Staff explained that projected revenues are below the current budgeted level, creating a need for either budget reductions or the use of cash balances and reserve funds to maintain balance. They reviewed major drivers of spending growth over recent years, including Medicaid expansion, public schools, the State Public Defender, IT services, and water resources, and noted that these statutory and ongoing obligations are crowding out other spending. Members also discussed the governor’s proposed use of interest earnings and reserve balances from several funds, the Budget Stabilization Fund cap, and the policy question of whether changes to fund interest allocations would require legislation or could be handled through appropriation language.
The committee also reviewed current-year adjustments, including supplementals, rescissions, deficiency warrants, and the governor’s proposed holdbacks. Specific items discussed included public school enrollment adjustments, the proposed rescission of Empowering Parents funding, Medicaid growth and provider rate changes, Department of Corrections costs tied to inmate placement and medical services, invasive species treatment funding, and a possible tax conformity impact tied to federal law changes. Members asked about fire suppression deficiency funding, the use of reserve balances, and the difference between current-law and governor-recommended spending levels. Staff emphasized that the governor’s budget relies on short-term money and reserve transfers to smooth the current deficit, while the legislature must decide whether to follow that approach or make deeper structural changes.
Later, staff provided an overview of the budget hearing process and the Legislative Budget Book, explaining the standard reports, agency organization charts, fund analyses, performance measures, and five-year snapshots that committees will use during hearings. Another presentation clarified the difference between deficiency warrants and supplemental appropriations, noting that deficiency warrants cover certain last-year expenses authorized by statute, while supplementals adjust the current-year appropriation and can apply to general, dedicated, or federal funds. The committee then heard a detailed presentation on state health insurance costs, including rising medical claims, reserve balances, the 80/20 employee-employer cost split, and projected FY 2027 premium increases. Members asked about school district participation in the state plan, the role of the insurance carrier contract, and whether broader participation could lower costs. No votes were taken during the meeting, and the committee adjourned after the presentations and questions.
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 14th, 2026 at 10:35 am
House Taxation & Revenue
Transcript Highlights:
- Anyone else online in support?
- Is there anyone in opposition online? I'd like to speak.
- It can also include things like market pricing, if there isn't a specific contract for price, and different
- And again, just FYI, this is the online feature.
- And again, just FYI, this online feature is for public comment.
Committee:
House House Taxation & Revenue
Keywords:
general obligation bonds, GO bonds, capital projects, bond election, property tax levy, state debt, state finance, capital outlay, senior centers, senior citizen facilities, aging services, long-term services, libraries, library acquisitions, broadband for libraries, higher education, university capital projects, community colleges, tribal schools, special schools
MO
Transcript Highlights:
- Price? Yes. Thomas? Weber? Aye.
- Price? Yes. Thomas. Weber?
- Price? Yes. Thomas? Weber?
- Representative Price. Representative Price: Okay. Can you hear me?
- , basically, the full retail price.