Video & Transcript Research : 'clawback provision'

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CA

California 2025-2026 Regular Session

Senate Banking and Financial Institutions Committee Jun 17th, 2026

Banking and Financial Institutions

Transcript Highlights:
  • That's K2, which is the last provision of the bill.
  • That's K2, which is the last provision of the bill. that's the provision. FBI.
  • That's K2, which is the last provision of the bill.
  • And we think that having that provision does not further the public policy in the other provisions of
  • Second, the unconscionability provision. Thank you.
Keywords: 987, senate, all
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy - Thursday, May 14 - Afternoon Session

Missouri House Floor Meeting

Transcript Highlights:
  • You know, there were some pretty good provisions in that last amendment when it comes to making sure
  • Members, this ignition interlock provision has evolved quite a bit over the years.
  • Voting this provision out today with unanimous support.
  • It has three provisions in the bill.
  • The first provision contains a fix for DNR to keep some programs from going insolvent.
Keywords: 959, house, all
FL

Florida 2026 5th Special Session

Judiciary Jan 20th, 2026

Transcript Highlights:
  • Senate Bill 834 repeals a recent provision affecting nonprofit religious organizations known as health
  • Senate Bill 834 repeals a recent provision affecting non-profit religious organizations known as health
  • , and accountability provisions.
  • By refining these provisions as laid out... ...By refining these provisions as laid out in Senate Bill
  • By refining these provisions as laid out what I believe this chamber intended.
Summary: The committee heard and advanced several bills. SB 624, by Senator Yarborough, would allow batterers intervention programs to offer optional supplemental faith-based activities, with no participant required to take part; supporters said it would expand provider options amid a shortage of certified programs, while opponents raised concerns about government speech and mixing religion with court-ordered programming. After debate, the bill was reported favorably 7-2. The committee also considered CS/SB 834, which repeals a 2022 restriction preventing licensed insurance agents from marketing or selling health care sharing ministries; supporters framed it as restoring choice and free speech, while opponents warned about consumer confusion, commissions, and lack of insurance protections. It was reported favorably 8-2. The committee next approved CS/SB 502, via a strike-all amendment, to give Florida concurrent jurisdiction over certain juvenile offenses on military installations so juveniles can be handled in state juvenile court rather than federal court; the amendment and bill both passed unanimously. CS/SB 52 also passed unanimously after testimony from church leaders and security personnel supporting an exemption from Class D/G licensing for unpaid armed security volunteers at places of worship. Supporters said the bill would clarify legal gray areas and help churches afford security, while members noted the broader concern that houses of worship need armed protection at all. Finally, the committee reported favorably SB 840, which revises last year’s emergency/local planning law by narrowing its application after storms from 100 miles to 50 miles of the storm track and exempting certain water, flood, and state/federal planning matters; local government representatives supported the clarification, and the bill passed 9-0. CS/SB 758, as amended, updated the membership of the Justice Administration Commission to better reflect the entities it oversees, and it also passed 9-0. The meeting ended with a recorded affirmative vote from Senator DeSigley on SB 624.
TX

Texas 89th Regular

Intergovernmental Affairs May 13th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • An enforcement provision empowering the Attorney General to bring an action against offending cities.
  • The health and safety code includes some air quality... provisions.
  • But all of those provisions to ship in emergency generators, all of those provisions to get the emergency
  • The provision about the notice that Chairman Tepper is discussing states that they must provide three
  • Do you, in your understanding of this thing, see any provision in this bill that ensures that it won't
MN

Minnesota 2025 1st Special Session

Minnesota House passes the human services policy bill, HF2115 5/5/25

Minnesota House Floor Meeting

Transcript Highlights:
  • , number three on the calendar for the day, an act relating to human services, modifying policy provisions
  • We have provisions from Chair Noir, from Representative Hansen.
  • Representative Zalinsakar has provisions in here establishing medication training protocols for a greater
  • I will say that I do know that the Senate is having a provision going in on this.
  • I want to just speak briefly about the SUD provisions within the bill.
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

House Rules and Legislative Administration Committee 4/30/25

Rules and Legislative Administration

Transcript Highlights:
  • > in that harms workers. the the provision in that harms workers. the the provision in question<00
  • The demand to put this provision in the bill was not a Democratic demand.
  • The provision that was in the proposal was for 2029. That is outside of the budget window.
  • The provision that was in the proposal was for 2029. That is outside of the budget window.
  • And if extraneous policy provisions and demands are set aside, we would be able to do that today.
Keywords: 1183, house
FL

Florida 2026 Regular Session

Regulated Industries Jan 27th, 2026

Regulated Industries

Transcript Highlights:
  • Because provisions may not always be clear, this bill allows those organizations to seek a declaratory
  • In our combined bill, we are retaining the provisions of Senate Bill 658, that was by Senator Burgess
  • So this PCS, just to give you the black and... ...enforcement provisions.
  • And then finally, the bill does not prohibit a local government from adding their own provisions to add
  • to this ...from adding their own provisions to add to this water safety floor, if you will.
Summary: The Committee on Regulated Industries considered and reported several bills. SB 530 on state lotteries was presented with two technical amendments adopted, including changes to lottery department contracting language and machine-purchase flexibility; the committee then reported the bill favorably. SB 204, which increases penalties for illegal slot machine operations to a third-degree felony and creates a declaratory-statement process for veteran service organizations to confirm machine legality, drew support from gaming interests and some soft opposition from a veterans group concerned about implementation; it was also reported favorably. The committee then took up a proposed committee substitute combining SB 658 and SB 608 on water safety requirements for rental and vacation properties. The combined bill would require certain rental properties near water bodies or with pools to install specified alarms, locks, fences, covers, or similar safety devices, with enforcement through DBPR and a grace period for correcting some violations. Senators emphasized the bill as a response to child drowning deaths, including those involving autistic children, and the PCS was reported favorably. SB 980, as a delete-everything amendment, would create the Florida Agegate Act to restrict advertising, promotion, and display of non-FDA-approved nicotine devices in areas accessible to those under 21, with penalties and inspection authority; after questions about counterfeit products and enforcement, it was reported favorably. The committee also approved SB 1708, which removes a three-year out-of-state practice requirement for veterinary licensure by endorsement while keeping other competency requirements, and SB 680, as amended, which creates a sales tax exemption for electricity sold to EV charging station operators and transferred to consumers, subject to metering and affidavit requirements. Several members recorded votes after the roll calls, and the meeting ended with an invitation to return later for another bill before adjournment.
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 7th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Shaheen relating to the provision of telepharmacy services or for the subcommittee on Disease Prevention
  • HB 1064 by De Rosio relating to the provision of a private security services at the public, primary or
  • HB 1098 by Cole relating to the coverage and provision of abortion, contraception, sterilization under
  • HB 1153 by Hull relating to the provision for funding under this public school finance system on the
  • HB 1175 by Hinojosa relating to the provision of student transcript by an independent school district
TX

Texas 89th Regular

89th Legislative Session Mar 7th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • HB 1027 by Shaheen relating to the provision of telepharmacy services for the subcommittee on disease
  • HB 1064 relating to the provision of a private security service.
  • Relating to the tenants provision of notice to the landlord for repair of a remedy through an online
  • HB 1131 by Oliverson relating to the repeal of provisions authorizing certain taxing units in the year
  • HB 1175 by Hinojosa relating to the provision of student transcript by an independent school district
Keywords: 1184, house, all
FL

Florida 2026 Regular Session

Community Affairs Feb 18th, 2025

Community Affairs

Transcript Highlights:
  • I can tell you that the mezzanine financing provision is out in the amendment that I'm about to explain
  • So I noticed that you took out some of the language regarding pre-approval and the impact fee provisions
  • It removes from the bill itself, which was the first amendment, the provisions requiring the waiver of
  • Chairman, the amendment to the amendment removes the provisions relating to pre-approved ADU designs
  • Chairman, the amendment to the amendment removes the provisions relating to pre-approval.
Summary: The Committee on Community Affairs heard three measures. First, SB 184 by Senator Gates would require local governments to allow accessory dwelling units in single-family residential areas, with exceptions for planned unit developments and master-planned communities. The bill and its amendments were discussed at length, including parking restrictions, homestead exemption treatment, short-term rental concerns, impact and mobility fees, pre-approved designs, manufactured ADUs, and an OPPAGA study on mezzanine financing and tiny homes. Testimony from the Florida League of Cities raised concerns about parking, short-term rentals, and fee parity, while several senators supported the concept but asked for further refinement. The committee adopted the amendments and reported CS for SB 184 favorably. The committee then took up SB 118 by Senator Brodeur, which preempts regulation of presidential libraries to the state and defers regulation to the federal government, with the stated purpose of preventing local governments from imposing obstacles to a future presidential library in Florida. There was no debate or public testimony, and the bill was reported favorably. Finally, the committee considered SPB 7704, a proposed committee bill to repeal the sunset date on a public records exemption for property photographs and personal identifying information of applicants or participants in disaster-related housing assistance programs held by state and local housing entities. With no questions, debate, or public testimony, the committee approved the motion to submit it as a committee bill and reported it favorably. The meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 03/25/26

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • federal provisions. federal provisions.
  • , provision, provision, but<00:02:41.720> we<00:02:41.800> don't<00:02:42.000> know<
  • provision. Senator Gruenhagen. Okay. provision. Senator Gruenhagen. Okay.
  • <00:09:46.520> Um agreements about security provisions.
  • Um agreements about security provisions.
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

JLCAR Administrative Rules (05/15/2026)

Transcript Highlights:
  • , and um that the expired rule provision, and um that the agency<00:06:48.480> isn't<00:06:48.800
  • So, it's not unheard of to have the comprehensive care plan affect service provision.
  • So, it's not unheard of to have the comprehensive care plan affect service provision.
  • <00:38:03.120> even<00:38:04.040> um<00:38:04.600> when provision even um when provision
  • . provision. provision.
Keywords: 928, house, all
Summary: The committee first approved the minutes and consent calendar, then moved through several Department of Health and Human Services Medicaid-related rules. Rule 25-220 from the Department of Energy was postponed until June so stakeholders would have more time to review revised language. Rule 25-240, involving Medicaid income verification and deductible provisions for medically needy applicants, was adopted after staff noted the cited sections had expired but the agency said it had continued operating under federal law and the state plan; the agency also said it had begun rulemaking on the cited provision. Rules 25-265 and 2633 were also adopted, with staff explaining that although parts of the rules had expired, the agency had continued implementing the policies through the Medicaid state plan, billing manuals, and related rules. The most extended discussion centered on rule 25-304 from the Bureau of Aging and Adult Services, which covers case management services for the CFI program. Staff and the agency explained that the amended conditional approval request clarified how case management agencies indicate staffing capacity, how telehealth decisions are evaluated, and that the department—not the case management agencies—sets the timeline for accepting or denying cases. The agency said the rule is intended to ensure participants are not pushed into telehealth when they do not want it or cannot use it, while leaving technical and clinical telehealth decisions to the provider. A case management provider testified in opposition to parts of the rule, arguing that the committee should not require agencies to admit unverified patients, that reimbursement-rate issues belong in legislation, that the quality-management section duplicates existing licensure oversight, and that the telehealth language improperly gives case managers authority over how other licensed providers deliver services. Committee members questioned whether the telehealth language was simply allowing case managers to determine whether telehealth fits a person’s care plan, and agency representatives responded that this was the intent. No final vote on rule 25-304 is shown in the transcript excerpt.
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Jul 15th, 2025

Transcript Highlights:
  • Question of the author just about the confidentiality provisions.
  • Question of the author just about the confidentiality provisions.
  • So obviously, question of the author just about the confidentiality provisions.
  • So obviously AB 116 was passed very strict confidentiality provisions in that bill.
  • The two major provisions in the bill.
Summary: The committee heard testimony on several bills, beginning with SB 41 by Senator Wiener, which would regulate pharmacy benefit managers by increasing transparency, banning patient steering and spread pricing, and requiring full pass-through of rebates. Supporters, including independent pharmacists and health advocates, said PBM practices are driving up drug costs and closing neighborhood pharmacies. Opponents from PBM and health plan groups argued the bill overlaps with recently enacted licensing and reporting requirements, would not lower consumer prices, and may be preempted by ERISA. Members discussed confidentiality issues, consumer savings, and the relationship between SB 41 and the new budget trailer bill; the author asked for an aye vote. The committee then took up SB 378, also by Senator Wiener, aimed at online marketplaces that advertise illegal intoxicating hemp and unlicensed cannabis products. Supporters from labor, public health, and the licensed cannabis industry said online sales are undermining regulated businesses and exposing children to unsafe products. Opponents from tech and hemp industry groups warned the bill is overbroad, could sweep in general-purpose platforms and lawful hemp wellness products, and raises Dormant Commerce Clause and First Amendment concerns. The author said he would narrow the bill, remove industrial hemp references, and address strict liability and standing issues; members largely focused on how to target illegal products without capturing lawful marketplaces. SB 243 by Senator Padilla addressed AI companion chatbots, with supporters including Common Sense Media and transparency advocates warning that these systems can be addictive, manipulative, and dangerous for minors and vulnerable users, citing studies and the death of a Florida teenager. The bill would require disclosures, anti-addiction design limits, self-harm protocols, audits, reporting, and a private right of action. Tech and business groups opposed the measure as overly broad and said its definitions could sweep in general-purpose AI tools; several members supported the goal but questioned the breadth of the definitions and the private right of action. Finally, SB 522 by Senator Wahab would extend just-cause eviction protections to rental units that were previously covered by the Tenant Protection Act but were destroyed in disasters and later rebuilt. Supporters, including Los Angeles city officials and tenant advocates, said the bill would help keep displaced renters housed after wildfires and other disasters. Apartment and realtor groups opposed it, arguing it would remove a key exemption needed to finance rebuilding and could discourage post-disaster reconstruction. Members expressed support for tenant protections in disaster areas, and the author asked for an aye vote.
MO

Missouri 2026 Regular Session

Children and Families May 11th, 2026

Children and Families

Transcript Highlights:
  • Anyone testifying against the born-alive provisions of this bill is testifying against protections for
  • "What the Senate Democrats forced was the inclusion of other provisions that are completely unrelated
  • The courts, even if they wanted to sever out the unconstitutional provision, are..." "...courts, even
  • if they wanted to sever out the unconstitutional provision, are prohibited by the General Assembly from
  • Many, I would say, I think 20 of the 22 provisions have already been passed.
Summary: The Committee on Children and Families heard testimony on Senate Bill 999, sponsored by Sen. Brad Hudson. Hudson said the bill was a revised substitute combining the Born Alive Abortion Survivors Protection Act with language from other bills dealing with domestic violence/no-contact orders, the Pregnancy Associated Mortality Review Board, and cyber-harassment. He argued the born-alive provisions were needed to ensure infants born alive during or after an abortion receive the same care as any other child, and he cited a Canadian study and Missouri infanticide law as support. Committee members questioned him about the study, the scope of the bill, the medical duty of care, and the bill’s non-severability clause and multiple-subject concerns. Supporters included Missouri Right to Life, which said the bill was needed to protect babies born alive after abortion attempts and prevent confusion in medical settings. Opponents, including Abortion Action Missouri, argued the bill was a “trap law” designed to restrict abortion access, said no such situation was being documented in practice, and cited opposition from numerous medical organizations. An informational witness from Campaign Life Missouri said he supported the born-alive language but warned the added provisions and non-severability clause could make the bill vulnerable to a constitutional challenge and could jeopardize other enacted provisions if struck down. During executive session, members debated the bill’s purpose and political implications. Several members said they would vote no because they trusted Missouri medical providers and opposed adding more law to an already regulated area, while others said they supported the bill as a protection for children born alive. The committee then voted 12-4 to send Senate Substitute No. 2 for Senate Bill 999 do pass.
WV
Transcript Highlights:
  • The bill also, the amendment, I apologize, has a provision that nothing in the newly created section
  • Of course, they would be capped at 20% as per the provisions of the bill.
  • This bill would amend provisions of the West Virginia Code related to the Neighborhood Investment Tax
  • lottery and add two new provisions to code to authorize revenue bonds for improvements at the State
  • . ...for the State Culture Center prior to the issuance of the bonds authorized by the new provisions
Keywords: 994, senate, all
Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the prior meeting. It then reconsidered Committee Substitute for House Bill 5212, noting that an Education Committee amendment had been inadvertently omitted the day before; the vice chairman withdrew the prior motion to report the bill, and the committee returned to the bill with the technical Education Committee amendments pending. The transcript then moved through a long agenda of bills and supplemental appropriations, with the committee generally hearing brief explanations from counsel, occasional member questions, and then voting to adopt amendments and report measures to the full Senate. Among the substantive policy bills, the committee advanced House Bill 4007 on the Industrial Access Road Fund, allowing an additional possible $3 million transfer in a fiscal year, expanding eligible uses, and increasing county/municipal spending limits; House Bill 4765, which raises salaries for state police, teachers, and school service personnel and, via a strike-and-insert amendment, creates a market pay enhancement tied to county and regional income data; House Bill 5162, recodifying tax lien sale procedures and clarifying ownership and government-property tax treatment; House Bill 5382, extending the Neighborhood Investment Tax Credit Program to July 1, 2031; House Bill 5685, authorizing up to $150 million in revenue bonds backed by excess lottery funds for State Culture Center improvements; House Joint Resolution 42, placing a constitutional amendment on the ballot to raise the homestead exemption from $20,000 to $40,000; House Bill 4010, creating an airport hangar grant program and fund; House Bill 4404, increasing from $500 to $5,000 the amount volunteer fire departments may spend on training and fire prevention materials; House Bill 4592, requiring standardized campus safety mapping data for higher education institutions; House Bill 4784, extending and making retroactive a qualified opportunity zone business tax modification; and House Bill 5088, increasing retirement benefits for Division of Natural Resources police officers, with a one-time $4.25 million cash injection. The committee also reported several supplemental appropriations and originating bills, including Senate Bill 842 for the Spay Neuter Assistance Fund, Senate Bill 846 for Culture and History capital repairs, Senate Bill 872 for Natural Resources capital repairs (reduced to $10 million in committee substitute), Senate Bill 876 for Department of Health facilities, Senate Originating Bills 1 through 5 covering Culture and History, road funds, corrections IT and services, tobacco education, and the Adjutant General’s armory board transfer, respectively. Most items were adopted by voice vote; House Bill 4765’s strike-and-insert amendment was adopted after a division vote of 10-6. The committee then adjourned.
TX

Texas 89th 2nd C.S.

S/C on Family & Fiduciary Relationships Mar 31st, 2025

S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • Yeah, I think there's some provision in the code, if I'm not mistaken, that allows that.
  • And some provisions throughout the code only reference reasonable fees without stating that they must
  • Uh, clean up a lot of unnecessary confusion as it applies to these different code provisions.
  • The next provision relates to community debts.
  • The next provision of this bill has to do with delivery of electronic orders.
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 2/13/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • Section 13.393 is the attorney work product provision of the Data Practices Act, which was suggested
  • <00:48:21.559> if for example the um attorney provision if for example the um attorney provision
  • I would also point out that there is, in 13.65, a specific provision about confidential data.
  • Provisions are that your office um you Provisions are that your office um you know<00:52:58.760> gets
  • <01:35:10.719> in because it maybe these um Provisions in because it maybe these um Provisions
Keywords: 1183, house
NH
Transcript Highlights:
  • There will be a liability insurance provision. Uh, any other questions? Any questions?
  • <00:37:53.359> Uh<00:37:53.760> any liability insurance uh provision.
  • Uh any liability insurance uh provision. Uh any other<00:37:54.320> questions?
  • , liability and indemnification provision. >> Any further questions?
  • , liability and indemnification provision. >> Any further questions?
Keywords: 1189, house, all
Summary: The committee approved the minutes from its September 29 meeting and then took up a series of Department of Transportation and Department of Administrative Services property actions. Several DOT items involved disposal of land originally acquired for the now-dissolved Conway bypass or other highway projects, including a 445.6-acre Conway parcel proposed for sale to the town of Conway for conservation use, a 1.78-acre Chesterfield parcel for sale to an abutter, a 6.13-acre Madison parcel tied to the Conway bypass, and a bulk disposal package of 22 improved parcels in Merrimack, Litchfield, and Hudson. Members asked about appraisals, conservation easements, federal funding restrictions, tenant occupancy, and whether the state would recover its original investment; DOT said values were based on appraisal or market analysis, federal reimbursements may be required where federal funds were used, and proceeds from turnpike-related property would return to the turnpike fund. All of these disposal motions were approved. The committee also approved several DOT lease/easement items. These included a Greenfield railroad-corridor lease for equestrian use, a Lake Winnipesaukee dock lease to CE Realty Trust, a similar dock lease to Needle Eye Association, and an easement in Carroll for Industrial Wireless to build a private road and cross Mount Deception Brook for a cell tower project. Members focused on maintenance responsibilities, liability insurance, access limitations, fencing, and the relationship between the railroad corridor and adjacent uses. DOT said lessees would be responsible for maintenance, access to the railroad would be restricted, and liability insurance would be included where appropriate. The committee also approved a separate easement for Eversource in Rochester to install utility lines serving the new courthouse, with the department explaining that the easement is a narrow strip needed to complete construction. The Department of Administrative Services received approval for a use-of-premises agreement allowing Rockingham County to lease 300 square feet in the Brentwood courthouse for office space, and for a perpetual utility easement in Rochester for Eversource, with a waiver of the administrative fee. The committee also heard that the Rochester courthouse project needs the utility work to finish construction. Throughout the meeting, members repeatedly asked about insurance, public access, valuation, and whether tenants or abutters would have first opportunity to buy or lease the affected properties. All motions before the committee were adopted.
TX

Texas 89th Regular

Business and Commerce Apr 15th, 2025

Business & Commerce

Transcript Highlights:
  • This provision allows for recourse if someone has been targeted by fraudsters.
  • We support all the consumer protection provisions of this legislation.
  • There are other self-enforcing provisions, but yes.
  • There's some other self-enforcing provisions, but yes. So there's a number of things.
  • So that's sort of a self-enforcement provision which affects them.
Summary: The committee took up a long list of pending bills before moving to several bills on the day’s posting. It reported favorably SB 438, SB 512, SB 647, SB 648, SB 715, SB 758, SB 1964, SB 2121, SB 2145, SB 2167, SB 2330, SB 2349, SB 2443, SB 2629, SB 2702, SB 1495, and SB 2268, with several of those adopted from committee substitutes. Some measures were sent to the local and uncontested calendar, while others were reported to the full Senate. Votes on the pending-business bills were generally strong, though SB 715 and SB 2330 drew recorded opposition; SB 647 and SB 648 had one member present not voting because of confusion over the deed-related bills. A major discussion centered on SB 715, which would establish a reliability standard and penalties/incentives for generation resources. Senator Sparks said the committee substitute would avoid unfairly penalizing existing dispatchable generation, allow wind and solar to qualify through storage or backup power, give the PUC flexibility to set standards and phase in the program, and exempt switchable units. Critics raised concerns that it could raise consumer costs and destabilize the market, while supporters argued it would improve reliability. The committee substitute was adopted and the bill was reported out 6-4. The committee also heard testimony on SB 2330, dealing with payroll deduction for association dues, where the author said the bill would end state involvement in dues collection except for first responders covered by meet-and-confer agreements. Members questioned why teachers and other employees were treated differently, and the bill was reported out 6-5. Other notable bills included SB 2864 on building-integrated photovoltaics, SB 1012 on sale of surplus state property, SB 2221 on fraudulent UCC filings, SB 1705 regulating cryptocurrency kiosks with licensing, transaction limits, fee caps, and a 72-hour hold, SB 1181 on combative sports licensing, SB 2586 on HOA transparency, SB 2075 as a TDLR cleanup bill, and SB 383 restricting offshore wind interconnection based on impacts to shipping, wildlife, and coastal interests. Several of these were left pending after testimony, with SB 1705 drawing both law enforcement support and industry concerns over the fee caps and limits.
NH

New Hampshire 2025 Regular Session

House Finance (04/03/2025)

Transcript Highlights:
  • So, there is a section in House Bill 2 that suspends the provisions of 913 E to allow a transfer into
  • of 913 e to suspends the provisions of 913 e to allow<00:14:38.959> a<00:14:39.120> transfer
  • to allow the transfer the Provisions to allow the transfer the governor<00:15:19.959> had<00:
  • paragraph of the group two provisions paragraph of the group two provisions and<00:17:42.080>
  • Any budget there is going to have provisions the minority supports, particularly with respect to the
Keywords: 928, house, all
Summary: The House Finance Committee met for final approval of HB 1 and HB 2, with legislative budget staff Michael Kain reviewing the final amendment documents and surplus statements. Kain explained that HB 1474H and HB 1484H incorporated the committee’s prior votes and the Governor’s recommended sections, and he walked through the budget math for the general fund, education trust fund, Highway Fund, and Fish and Game Fund. He said the committee’s proposal remained balanced overall, though the current-year general fund showed a projected deficit that HB 2 would address by allowing a possible rainy day fund transfer if needed. He also noted that the committee’s revenue estimates were below the Governor’s, requiring reductions and adjustments to appropriations and lapse assumptions. Members discussed the rainy day fund provisions, including a section in HB 2 that suspends existing restrictions so a transfer can be made if the deficit materializes. Kain said the committee’s approach differed from the Governor’s because the state was not below the overall revenue plan, and the fiscal committee would retain a role in determining any transfer. He also summarized that the Highway Fund would end with about a $13 million balance and Fish and Game with about $3 million, both without additional general fund support. The committee then adopted two amendments to HB 2 unanimously: Amendment 1473H, a technical cleanup to the Group 2 retirement seven-year rule, and Amendment 1482H, a technical correction to the recreational services language. Amendment 1484H, which incorporated those changes into HB 2, was adopted on a 14-1 vote after minority members objected to the bill’s broader cuts and policy changes, including reductions to state agencies, health and human services, and education-related provisions. The committee also adopted Amendment 1474H to HB 1A on a 14-1 vote after similar debate over budget reductions, vacancies, university funding, and school spending limits. Finally, the committee voted 14-1 to report HB 1A and HB 2 as amended as ought to pass, with the minority voting no and the committee planning a full House presentation the following week.