Video & Transcript : 'trust funds' :
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FL
Florida 2026 5th Special Session
FL House Floor Session - 2025-06-16 (7:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- from our Sadowski Housing Trust Fund.
- The trust fund is meant just for that, for monies to be spent on whatever trust fund they go into only
- from our Sadowski Housing Trust Fund.
- Trust Fund is meant just for that, for monies to be spent on whatever trust fund they go into only, not
- from trust funds to the general revenue fund.
Summary:
The House met on the final day of session, swore in Representatives Boyles and Hodgers, and observed a moment of silence for the Minnesota House Speaker Melissa Hortman and her husband, as well as for Representative Rosenwald’s father. The chamber then moved into final budget work, with leaders outlining the plan to take up H.J.R. 5019, HB 7031, HB 5017, HB 5015, and then the general appropriations act once the Senate transmitted it. H.J.R. 5019, a proposed constitutional amendment to expand the budget stabilization fund, was explained and amended to raise the rainy day fund cap, require annual deposits, and allow withdrawals for critical state needs by a two-thirds vote; it passed 100-1.
The House then adopted the conference report on HB 7031, the tax package. The bill repeals the business rent tax and aviation fuel tax, delays the natural gas fuel tax, creates or expands several sales tax holidays and exemptions, including permanent exemptions for disaster-preparedness items, hunting/fishing/camping items, and ammunition and firearms-related purchases, and makes changes to property, corporate income, local tax, and economic development provisions. Members debated the removal of recurring housing trust fund and transit-related revenue streams, the new ammunition exemption, and the data center tax changes; supporters argued the package reduces taxes and preserves annual budget flexibility, while opponents raised concerns about housing, transportation, and gun violence. The conference report passed 93-7.
HB 5017, creating a debt reduction program funded by a recurring transfer to retire state bonds early, passed unanimously. HB 5015, the state group insurance conforming bill, which directs DMS to develop a formulary management plan and codifies the administrative health insurance assessment, also passed. The House then began explanation and questions on the fiscal year 2025-26 general appropriations act, described as a $115.1 billion budget that is down $3.8 billion from the current year and includes more than $12 billion in reserves. Subcommittee chairs summarized major spending areas, including pre-K-12 funding increases, health care funding for Medicaid, KidCare, nursing homes, opioid treatment, and mental health, transportation and economic development funding, environmental and water projects, higher education, state administration, justice, and information technology. Questions focused on school vouchers, inflationary pressures on school districts, and the adequacy of funding for housing, transportation, and other priorities.
LA
Transcript Highlights:
- Reversionary trust.
- it would be the contact point, and then the funds would revert back to the person that funded it, that
- This is not a reversionary trust. The concept of the funds reverting back.
- This is not a reversionary trust. The concept of the funds reverting back...
- This is not a reversionary trust. The concept of the, the concept of the funds reverting back.
Committee:
House Civil Law and Procedure
Summary:
The committee first heard Senate Bill 476, which would add clearer warning language for garnishees responding to interrogatories and create a limited procedure for a new trial when a garnishee can show it never held property or owed the debtor during the garnishment period. After brief questions about how garnishment works, the bill was reported favorably without objection. Senate Bill 260, a youth athletics coaches training bill, was then amended to remove language about the department using donated funds to purchase courses and was reported as amended.
House Bill 79, by Chairman Carter, would remove the damages cap for carbon capture release claims. Carter argued carbon capture should be treated like other industries and not receive special liability protection, and the committee reported the bill favorably without objection. The committee also took up Senate Bill 424, which clarifies that electronic service applies only to counsel of record representing a party, and Senate Bill 180, a constitutional amendment allowing a surviving spouse of a deceased disabled veteran to make a one-time transfer of an expanded property tax exemption to another qualifying homestead. SB 180 received a ballot-language amendment and a 6.88 report before being reported as amended.
The longest discussion centered on House Bill 1089, which creates “care accounts” for future medical damages in delictual actions. Supporters said the bill would ensure future medical awards are used for medical care, reduce abuse, and function like a restricted account with a card or similar payment mechanism; opponents raised concerns about the account being owned by the judgment debtor, possible reversion of unused funds to the wrong party, administrative confusion, and impacts on survivors of trafficking and sexual abuse who may need flexible, trauma-informed care outside standard billing codes. After extensive testimony and debate, the committee adopted an amendment set and reported the bill favorably by a 6-1 vote, with Representative Carter voting no.
Finally, House Bill 437 was heard and amended. The bill would prohibit expert witnesses from having a pecuniary interest in the outcome of the case, while still allowing inquiry into an expert’s prior testimony history. An amendment excluded criminal traffic and juvenile proceedings, and the committee continued discussion with testimony from supporters and opponents as the transcript ended.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (04/23/2025)
Transcript Highlights:
- . fund. fund.
- Again, they can fund it, they can not fund it.
- Again, they can fund it, they can not fund it.
- Health trusts themselves can hold a fund restricted of up to 4% to pay that assessment on behalf of the
- fund the local reserve funds to fund the contingency<05:40:02.958><c> levels</c><05:40:03.520><c> of
Summary:
The committee first heard Senate Bill 47, sponsored by Senator Regina Birdsell at the request of the Insurance Department. The bill would clarify that a birth mother’s health insurance is the primary policy for a newborn’s care unless the mother has no coverage or no employer-sponsored coverage. Birdsell and Insurance Commissioner DJ Benton Court said the measure simply codifies the department’s long-standing interpretation of existing law. Representative Miles asked whether the coverage would extend to a grandchild if a young woman on her parents’ plan had a baby, and Birdsell said it would. The hearing on SB 47 was then closed.
The committee next heard Senate Bill 121, introduced by Grant Bosi for Senator Kevin Avard. The bill requires insurers to notify the Insurance Department when they stop writing an entire line of business or, in some cases, when they change Medicare Advantage offerings. Benton Court said the bill was prompted by disruption in the Medicare Advantage market, where consumers and the department were confused by carriers exiting, changing plans, or narrowing offerings. He said the department does not regulate Medicare Advantage itself, but does license the carriers, and the notice requirement would help the department advise consumers; he also said noncompliance could affect a carrier’s license and could lead to fines. Members discussed the notice period, and the department and AHIP indicated support for changing it from 120 days to 90 days to align with federal timing. The hearing was closed with plans to work on an amendment in subcommittee.
Finally, the committee heard Senate Bill 247, introduced by Representative Brian Cole, which would prohibit network exclusion for pharmacies that refuse to dispense prescriptions when PBM reimbursement is below acquisition cost. Cole said the bill is meant to stop pharmacies from being forced to sell at a loss. Members questioned whether pharmacies voluntarily enter PBM contracts, whether the bill would raise consumer prices, and whether it would mainly affect independent pharmacies. Cole and others said the issue has changed over time because PBMs now control a much larger share of the market, and that the bill would let pharmacies refuse loss-making fills and direct patients to mail order instead. The discussion also noted that the bill excludes Medicare and Medicaid and that the current proposal does not create a middle-ground option for patients to pay a premium at the counter.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (1-27-25)
Transcript Highlights:
- in each respective the level of funding in each respective Health<00:04:48.600><c> Trust</c><00:04:49.080
- funded status of each health fund over a five-year period.
- it is between 90% and 120% funded, and 2.5% if the funding falls below 90%.
- ratio of the the successful funding ratio of the health<00:14:50.480><c> funds</c><00:14:51.480><c>
- </c> are these revocable or irrevocable trust are these revocable or irrevocable trust or<00:27:26.640
Keywords:
Meeting Start: 00:02
Attendance Roll Call: 00:49
Approval of Minutes: 01:55
CERS Retiree Health Subsidy Proposal: 02:14
SB 58: 24:05
TRS Sick/Annual Leave Proposal: 32:53
Adjournment: 48:00, 958, all
Summary:
The committee first approved the prior month’s minutes after a roll call established a quorum. It then heard testimony on a draft proposal from Senator Robbie Mills to increase CERS retiree health subsidies for members retiring on or after July 1, 2003. The bill would raise the non-hazardous subsidy from $14.63 to $40 per month per year of service and the hazardous-duty subsidy from $21.94 to $50, with employee contribution rates adjusted based on the health trust’s funded status. Supporters from sheriffs, firefighters, police chiefs, and the Kentucky League of Cities said the change would improve recruitment and retention, better align the subsidy with the cost of a single health plan, and preserve the system’s financial footing through shared employer-employee costs and funding triggers.
Committee members asked about the fiscal impact, the effect of funding levels above 150%, and how the subsidy would work for rehired retirees or employees who later take private-sector jobs. Mills and other witnesses said preliminary actuarial work was still forthcoming, that the bill was intended to be revenue-neutral or close to it, and that the subsidy would continue to be paid monthly; they also noted existing 2008 rules for rehired retirees and said the benefit would still be available even if a retiree later had other insurance. One member suggested looking at stable accounts as an additional option for special-needs planning in a later bill.
The committee then heard Senate Bill 58 from Senator Robin Webb, which would allow state employees to designate a Special Needs Trust as a beneficiary for retirement benefits. Webb said the measure would help employees provide for disabled dependents without jeopardizing SSI or Medicaid eligibility, and that the bill follows federal special-needs trust rules. He said the proposal could be revenue neutral, but actuarial analysis was still pending and KPPA had asked for electronic rather than paper transfer provisions. Members questioned whether the authority already exists, how the trust would work, and whether stable accounts should also be considered; Webb said he would follow up with additional information.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Racism, Hate, and Xenophobia Mar 20th, 2026
Transcript Highlights:
- as trusted messengers.
- Trust is built on the local level.
- Trust is built on the local level.
- Second, we urge you to pass the $35 million funding proposal for the LGBTQ Community Center Fund.
- At the center, these funds directly support survivors of hate violence and help rebuild trust in systems
Summary:
The Select Committee on Racism, Hate, and Xenophobia met to hear from Los Angeles County officials and community advocates about rising hate, discrimination, and xenophobia, with opening remarks emphasizing the need for stronger anti-hate infrastructure, community-based reporting, and state support. Assemblymember Lowenthal noted the broader economic and social impacts of discrimination, and the committee framed the hearing around understanding local conditions and identifying legislative responses.
Los Angeles County Human Relations Commission Executive Director Robin Toma presented county hate-crime data showing record-high levels in 2024, with racial/ethnic hate crimes remaining the largest category and anti-Black hate crimes the most common. He also highlighted high levels of anti-Latino, anti-Jewish, anti-Muslim, anti-LGBTQ, and anti-transgender hate, the role of underreporting, and the county’s L.A. vs. Hate system for reporting and victim support. The Los Angeles County Sheriff’s Department said it uses hate-crime and hate-incident data to guide proactive patrols, community outreach, and training, and discussed the need to build trust amid immigration enforcement fears that discourage reporting.
Community organizations described how current political rhetoric and federal immigration enforcement are intensifying fear and underreporting. LULAC called for multilingual, culturally competent reporting systems, prevention education, and stronger support for grassroots organizations. The Jewish Federation of Los Angeles described severe anti-Semitism, increased security costs, and the need for safe worship protections, security grants, and Holocaust education. The NAACP emphasized the continuing impact of anti-Black racism and the need for cross-community solidarity, while the Los Angeles LGBT Center highlighted rising anti-trans violence and urged funding for gender-affirming care, LGBTQ centers, and reauthorization of California vs. Hate. CHIRLA and CAIR California both described heightened fear among immigrants and Muslims, workplace discrimination, and the need for stronger civil-rights protections, data collection, and community-based reporting.
No formal votes were taken. The discussion focused on policy ideas and funding priorities, including improved law-enforcement training, alternative sentencing or diversion for hate offenders, protections for houses of worship, and continued or expanded funding for California vs. Hate, Stop Hate, and related programs. Committee members and witnesses repeatedly stressed that hate is underreported, that words and leadership rhetoric matter, and that California should continue investing in prevention, response, and healing.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 088 Apr 11th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- </c> trust funds. Trust accounts that is law. trust funds. Trust accounts that is law.
- ><c> fund</c> The unclaimed property trust fund The unclaimed property trust fund is<02:36:50.080><c>
- You cannot treat a trust fund like a slush fund. You should not treat a trust fund as a slush fund.
- You cannot treat a trust fund like a slush fund. You should not treat a trust fund as a slush fund.
- You cannot treat a trust fund like a slush fund. You should not treat a trust fund as a slush fund.
FL
Transcript Highlights:
- So the plan... ...remove the trust fund to help local governments.
- Why are we not replenishing Florida's affordable housing trust funds?
- fund, we might a trust fund that doesn't exist, a trust fund with no dedicated revenue source, a trust
- fund that future legislatures are not Source, a trust fund that future legislatures are not even required
- Once we cut taxes, we did away with the trust fund, and I think that's good because it was a trust fund
UT
Utah 2025 Regular Session
Natural Resources, Agriculture, and Environment Interim Committee - November 19, 2025
Natural Resources, Agriculture, and Environment Interim Committee
Transcript Highlights:
- It's kind of a lockbox where funds can be deposited and stored, even...
- We're not going to ask for any funding for this.
- , are we not, rather than trust lands?
- We just heard that there's 12 beneficiaries that have trust lands.
- Last year we completed the integration of existing funds.
FL
Florida 2026 Regular Session
FL House Floor Session - 2025-06-16 (7:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- Other housing trust fund distributions are unaffected.
- Other housing trust fund distributions are unaffected.
- from our Sadowski Housing Trust Fund.
- The trust fund is meant just for that, for monies to be spent on whatever trust fund they go into only
- from trust funds to the general revenue fund.
Summary:
The House convened on the final day of session, observed a moment of silence for the Minnesota House Speaker Melissa Hortman and her husband, and for Representative Rosenwald’s father, then swore in and seated new members Boyles and Hodgers. The Speaker also outlined the chamber’s end-of-session priorities, including action on the budget and related conforming bills. The House then took up H.J.R. 5019, a constitutional amendment to expand Florida’s budget stabilization fund by raising the cap, requiring annual transfers, and allowing withdrawals for critical state needs. After sponsor explanations and questions about what would qualify as a critical need and how the fund might respond to possible federal funding cuts, the House adopted an amendment that added more flexibility for suspending transfers and withdrawals. The joint resolution then passed on final passage.
Members next considered HB 7031, the tax package conference report. The bill repeals the business rent tax and aviation fuel tax, delays the natural gas fuel tax, creates or extends several sales tax exemptions and holidays, and makes changes affecting property taxes, local taxes, pari-mutuel taxes, and revenue distributions. Debate focused heavily on the new permanent exemption for ammunition and hunting-related items, the elimination of recurring housing trust fund and transit-related distributions, and the shift of some funding from recurring to nonrecurring status. Supporters argued the package provides tax relief and preserves annual budget flexibility, while opponents criticized the ammunition exemption and the reductions in recurring housing and transit support. The conference report was adopted and the bill passed.
The House then passed HB 5017, which creates a debt reduction program funded by a recurring transfer from general revenue to retire state bonds early, and HB 5015, the state group insurance conforming bill, which directs DMS to develop a formulary management plan and codifies the administrative health insurance assessment. Finally, the chamber began explanation and questions on the General Appropriations Act conference report for fiscal year 2025-26, described as a $115.1 billion budget that is down from the current year and includes more than $12 billion in reserves. Subcommittee chairs summarized major budget areas, including K-12 education, health care, transportation and economic development, agriculture and natural resources, higher education, state administration, justice, and information technology, highlighting funding for school choice, Medicaid, housing, transportation infrastructure, Everglades restoration, workforce programs, cybersecurity, and technology modernization.
AZ
Arizona 2026 Regular Session
01/21/2026 - House Appropriations
House Appropriations Committee of Reference
Transcript Highlights:
- They have only put funding in in '27. Thank you. Thank you. I only put funding it in '27.
- This is a structurally unsound health insurance trust fund.
- fund.
- Maybe we funded it one time with general fund. We backed it out.
- The land trust will grow; they'll have more capacity to fund it out of land trust monies.
Summary:
The Committee of Appropriations met on January 21, 2026, and first considered House Bill 2116, which would appropriate $1 million in fiscal year 2027 to the Colorado River Litigation Fund. The sponsor and Arizona Department of Water Resources both supported the bill, describing it as a backup measure to protect Arizona’s Colorado River entitlements if post-2026 negotiations among the basin states fail. Members discussed how the bill relates to the governor’s separate Colorado River Protection Fund proposal, and staff clarified the two funds serve different purposes. The committee approved HB 2116 on a 17-1 roll call vote.
The committee then took up House Bill 2053, which would provide $100,000 for updated stormwater recharge mapping and expand the work beyond state trust lands to private lands. An amendment in the chair’s name was adopted to extend the coordination timeline, broaden the agencies involved, and revise language about mapped sites and appropriable surface water. The sponsor said the bill is intended to identify more places to capture stormwater for recharge rather than letting most rainfall evaporate. ADWR testified neutrally, supporting the mapping effort but raising a concern about language that could be read as requiring the department to determine whether water is appropriable, which it said is a legal question for the courts. The amended bill passed 11-7.
House Bill 2148, as amended, was then heard and approved 11-7. The bill would give the legislature authority to appropriate non-custodial federal monies and set requirements for those appropriations. The chair’s amendment excluded federal research grants to universities, university employees, and the Arizona Board of Regents. The sponsor framed the bill as a transparency measure, saying the legislature should know how federal funds are being spent. No outside testimony was offered, and the committee approved the measure after debate about legislative oversight of federal funds.
After the bills, the committee received a lengthy JLBC presentation comparing the executive budget with the JLBC baseline. Discussion focused on revenue forecasts, tax conformity, sports betting, lottery and tourism revenue assumptions, SNAP administrative costs and error-rate penalties, developmental disability and Access caseload growth, and K-12 enrollment and ESA spending. Members repeatedly questioned the executive budget’s use of one-time funding for ongoing costs, especially for SNAP administration and DES staffing, and expressed concern about rising supplemental needs and the lack of long-term budget capacity. No votes were taken on the presentation.
FL
Florida 2025 Regular Session
March 11, 2025 - 08:30 AM
Transcript Highlights:
- What everybody wants from us out of that major billion-dollar recurring or non-recurring trust fund and
- These are dispersed as the funds are received into the local government housing trust fund, and $99.3
- for the general revenue and 71.5% is trust fund.
- trust fund. 28.3 is the percentage for the general revenue and 71.5 is trust fund.
- Combined total of $2.7 million and all are trust fund appropriation.
Summary:
The committee met to review agency program funding as it prepared to build the budget, hearing brief presentations from six agencies and then taking member questions. Florida Division of Emergency Management highlighted its role in response, preparedness, recovery, and mitigation, describing a largely federal pass-through budget, major technology investments, and large disaster and preparedness grant activity. The Department of Commerce, Department of State, Florida Housing Finance Corporation, Department of Transportation, Department of Military Affairs, Florida State Guard, and Department of Highway Safety and Motor Vehicles also summarized their budgets, staffing, and major programs, including workforce and economic development, elections and arts funding, housing assistance, transportation work programs, military readiness, state guard expansion, and highway safety and motorist services.
Members focused questions on several issues: arts and library grant funding and whether award criteria had changed; Commerce’s rural infrastructure and job growth grants and why funds were not being disbursed faster; Florida Housing’s use of SAIL, Live Local, Hometown Heroes, and SHIP funds and how smaller agencies learn about and access funding; and DOT’s work program gap between agency and governor proposals. The most extensive questioning was directed to Highway Safety and Motor Vehicles about long DMV lines, vacancies, overtime, staffing shortages, and the ability to shift funds between divisions. The department said staffing and pay constraints, especially in South Florida, were driving service delays and vacancy rates, and that overtime was being used because troopers were leaving for better-paying jobs.
The Florida State Guard was also questioned about its spending and procurement pace, including aircraft purchases and facilities. Its director said long procurement timelines explained the low initial spending and that obligations had risen sharply as contracts matured. Members also asked about the department’s public opposition to Amendment 3 and whether agency resources were used in that effort; the director said no contracts or purchases were made to influence the vote and said the colonel’s comments were made off the clock. The meeting ended with the chair asking agencies to respond promptly to unanswered questions, and the committee adjourned without any recorded votes or formal actions beyond receiving the presentations and questions.
FL
Transcript Highlights:
- Prior to the creation of this trust fund, the Governor was authorized to spend funds appropriated for
- Prior to the creation of this trust fund, the Governor was authorized to spend funds appropriated for
- Now emergency spending can only come from funds that we specifically appropriate into the trust fund.
- Monday night at midnight, this trust fund expires.
- appropriates into the trust fund.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 6 on Public Safety Apr 13th, 2026
Transcript Highlights:
- This program is gaining trust.
- Without permanent funding, we will lose these relationships, the momentum, and the trust that we've built
- We talk about trust. We talk about trust.
- supported by special funds.
- Although the fund has a sufficient fund balance, we project the fund to be structurally imbalanced in
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 113 May 7th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- </c> cash fund.
- Nobody knows what cash fund cash fund.
- </c> fireman's trust? fireman's trust?
- </c><03:26:39.680><c> fund,</c><03:26:40.319><c> which</c><03:26:40.640><c> is</c> the fireman's trust
- fund, which is the fireman's trust fund, which is working,<03:26:41.439><c> or</c><03:26:41.680><c>
FL
Florida 2026 5th Special Session
Military and Veterans Affairs, Space, and Domestic Security Jan 26th, 2026
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
- trust fund by Senator Wright.
- On trust funds, vacancy relief trust fund, and risk mitigation trust fund by Senator Wright.
- Senate Bill 1604 creates the vacancy relief trust fund and risk mitigation trust fund within the Florida
Summary:
The Senate Committee on Military, Veterans Affairs, Space, and Domestic Security met with a quorum present and took up several measures. The committee first heard SM 1714, urging Congress to pass the federal No Tax Dollars for Terrorist Act to prevent U.S. funds from benefiting the Taliban; after brief explanation and no testimony or debate, it was reported favorably. The committee then considered SB 1512 on Space Florida, which expands certain sales and use tax exemptions for qualifying tangible personal property and allows Space Florida to bypass competitive bidding for certain purchases when state funds are not used; support was noted from Space Florida and the Florida Chamber of Commerce, and the bill was reported favorably. The committee also passed SB 1656, designating the SS American Victory as Florida’s flagship, with discussion focused on the ship’s World War II and later service, museum role, and lack of known fiscal impact; it too was reported favorably.
The committee next approved SM 1186, which urges Congress and the National Guard Bureau to increase the Florida National Guard’s force structure, with the sponsor citing Florida’s population, emergency history, and outdated allocation levels; one senator voiced support and the memorial was reported favorably. The committee 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 trust funds; two amendments were adopted, including technical and clarifying changes, and the bill was reported favorably as amended. Finally, SB 1604 created the related vacancy relief and risk mitigation trust funds within the Florida Housing Finance Corporation to support the pilot program; one technical amendment was adopted and the bill was reported favorably as amended. The meeting concluded with no further business and adjournment.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Racism, Hate, and Xenophobia Mar 20th, 2026
Transcript Highlights:
- We need bold actions that can fund our schools, that can fund our hospitals, and our institutions that
- Trust is built on the local level.
- Trust is built on the local level.
- Second, we urge you to pass the $35 million funding proposal for the LGBTQ Community Center Fund.
- At the center, these funds directly support survivors of hate violence and help rebuild trust in systems
UT
Utah 2025 Regular Session
Public Utilities, Energy, and Technology Interim Committee - November 19, 2025
Public Utilities, Energy, and Technology Interim Committee
Transcript Highlights:
- On the $5 million that you need ongoing to fund this, in the past, the federal government has funded
- How much have they funded?
- Zero-trust architecture says we don't trust anything ever. It always has to... trusted.
- Zero-trust architecture says we don't trust anything ever.
- zero-trust architecture, 800-207.
FL
Florida 2026 5th Special Session
Senate in Special Session F Jun 2nd, 2026
Florida Senate Floor Meeting
Transcript Highlights:
- So the plan removed the trust fund to help local governments.
- Why are we not replenishing Florida's affordable housing trust funds?
- We might have a trust fund that doesn't exist, a trust fund with no dedicated revenue source, a trust
- Once we cut taxes, we did away with the trust fund, and I think that's good because it was a trust fund
- Once we cut taxes, we did away with the trust fund, and I think that's good because it was a trust fund
Summary:
The Senate took up Committee Substitute for Senate Joint Resolution 2F, a proposed constitutional amendment to expand homestead property tax relief, lower the assessment cap on non-homestead property from 10% to 5%, and limit county and municipal ad valorem tax revenues to specified uses. Senator Avila presented the measure as a major property tax reform intended to provide relief to homeowners and restrain local government spending, while opponents argued it would shift costs to fees, services, and state appropriations and could harm local budgets, public safety, schools, and other services. Several senators also raised concerns about the ballot language and the lack of a completed fiscal analysis.
The chamber considered and rejected multiple amendments. Senator Sharif’s income-based “circuit breaker” amendment failed, as did Senator Smith’s sunset clause amendment and Senator Berman’s amendment to rewrite the ballot statement for greater accuracy. During questioning, Avila said the revised language was meant to preserve flexibility for local governments and that future legislatures could set implementing procedures and, if necessary, prohibit certain local expenditures by general law. He also confirmed that the proposal would not affect refinancing or portability, and said the measure would not prevent local governments from continuing to fund many services such as libraries, parks, animal control, code enforcement, mosquito control, public housing, county health departments, and elections.
Debate on final passage was extensive. Supporters described the proposal as overdue relief for homeowners and a way to force local governments to prioritize spending, while critics called it a risky tax shift that could reduce local revenue by billions and force cuts or higher fees. Some senators emphasized concerns about public safety funding, mental health and social services, and the accuracy of the ballot summary; others argued the measure would give voters a chance to decide on property tax reform. After debate, the resolution was rolled over for third reading and the Senate continued discussion, but the transcript provided does not include a final vote on the joint resolution.
LA
Transcript Highlights:
- Reversionary trust.
- Also in 13:5106, the next subsection down specifically states any funds remaining in a reversionary trust
- Also in 13:5106, the next subsection down specifically states any funds remaining in a reversionary trust
- This is not a reversionary trust. The concept of the funds reverting back.
- This is not a reversionary trust. The concept of the, the concept of the funds reverting back.
Committee:
House Civil Law and Procedure
Keywords:
carbon capture, damages, environmental liability, legal liability, site restoration, expert witness, expert testimony, witness fees, pecuniary interest, conflict of interest, civil procedure, evidence law, Louisiana evidence code, Louisiana civil litigation, expert report, discovery, pretrial disclosure, litigation transparency, settlement, damages award
WA
Washington 2025-2026 Regular Session
House Environment & Energy May 18th, 2026 at 01:30 pm
Environment & Energy
Transcript Highlights:
- the trust pore space.
- the trust poor space.
- Several states are moving forward with this by setting up trust funds where the injector has to pay into
- So if we are interested in it, we should look into setting up some kind of trust fund like that.
- I appreciate knowing about the opportunity to do the trust fund.
Committee:
House Environment & Energy