Video & Transcript Research : 'LBB'

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TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I know there's a disparity between the fiscal note that came out or the LBB statement; we're going to
  • note and from previous testimony, maybe there is a discrepancy between what TRS has said and what the LBB
  • Again, we would probably need to make sure that the LBB and the TRS numbers are agreeing on this.
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Articles I, IV, & V Feb 27th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • The chair calls Jordan Parr, uh, analyst for the LBB. Good morning, Jordan. Welcome back.
  • So when, when you say that they're not included in the recommendations, what you're saying is LBB is
  • We appreciate the assistance of John Montgomery, who's a rock star, the LBB, who's also a rock star,
MN

Minnesota 2025-2026 Regular Session

Legislative Budget Office Oversight Commission 1/22/26

Minnesota House Floor Meeting

Transcript Highlights:
  • in 2009, the legislature passed a bill that created a provision within the Texas code to require the LBB
  • You know, the LBB kind of talks with the committee chairs so that they're aware this type of analysis
  • Um,<00:12:35.760> you<00:12:35.920> know,<00:12:36.079> the<00:12:36.240> LBB
  • <00:12:37.040> of<00:12:37.120> talks<00:12:37.360> with Um, you know, the LBB
  • kind of talks with Um, you know, the LBB kind of talks with the<00:12:37.680> committee<00:12
Keywords: 919, house, all
Summary: The Legislative Budget Office Oversight Commission met on January 22, 2026, with a quorum present and approved the minutes from the December 17, 2025 meeting. The main presentation was by Erikica McKeler of the National Conference of State Legislatures on dynamic fiscal notes, dynamic scoring, and how they differ from static fiscal notes. She explained that dynamic analysis tries to capture broader economic and behavioral effects of policy changes, but that most states have experimented with it only briefly, often for tax bills, and many have later scaled back or abandoned the practice because it is staff-intensive, expensive, and difficult to validate. McKeler highlighted examples from Texas, Utah, and Arkansas. Texas requires dynamic fiscal impact statements for certain large tax or fee measures and for the biennial appropriations bill; Utah has done such analyses on request during the interim but only when staff time allows; and Arkansas recently began producing dynamic fiscal notes with thresholds and request limits. She noted that these states generally use REMI software, though Utah switched to IMPLAN for cost reasons. She also outlined common challenges, including the need for strong staff expertise, the sensitivity of results to assumptions, the expense of software licenses, and the difficulty of measuring accuracy over time. Members then discussed whether dynamic scoring could be useful for health and human services programs where a policy may shift costs between settings rather than create a simple new expense. Senator Marty raised a Medicaid example involving home-based blue light therapy for newborns, arguing that dynamic analysis might better capture potential savings from avoiding longer hospital stays. Legislative Budget Office and Minnesota Management and Budget staff responded that such effects may be better understood as direct program substitutions rather than true dynamic effects, and emphasized the need for reliable data and caution because savings estimates could reduce appropriations if they do not materialize. The discussion also touched on whether dynamic models would capture local government impacts, but no formal action was taken beyond the approval of minutes and receipt of the presentation.
TX

Texas 89th Regular

Delivery of Government Efficiency Apr 2nd, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • It also requires the LBB to prepare comprehensive reports detailing findings and recommendations from
  • I'll tell you, no one knows the budget better than the Legislative Budget Board or giving them, the LBB
  • Is that LBB staff would go and be given a task of, okay, this. many agencies review this many programs
  • I was curious, one, is LBB prepared to handle this responsibility?
  • And then, obviously, at the direction of the LBB, but with guidance. and help from even this committee
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I know there's a disparity between the, the fiscal note that came out or the LBB statement.
  • note and from previous testimony, maybe there is a discrepancy between what TRS has said and what the LBB
  • Or again, we would probably need to make sure that the LBB and the TRS numbers are agreeing on this.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • budget. budget that you're making available, the board might change that proposed budget just like with LBB
  • Y'all don't ever just take the budget that's proposed by LBB staff, right?
TX
Transcript Highlights:
  • Do we have a resource witness from LBB? No, we don't have a resource.
  • So probably not gonna move. bill today simply because we have to give the LBB the opportunity to give
Bills: SB825
TX

Texas 89th Regular

Energy Resources Mar 24th, 2025

Energy Resources

Transcript Highlights:
  • Okay, and because I think it was substantial and then it was thrown out by the... ...by the LBB zeroed
  • it out, and I'm kind of a little surprised that I didn't realize that the LBB threw out what the agencies
  • ...by the LBB on March 20th, so would you check with the commission to come back and report before the
  • But by the same token, I'm guessing I'm not defending LBB.
  • I will tell you that the fiscal note that the LBB delivered to my office this morning was for $7,695,000
TX

Texas 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

Appropriations

Transcript Highlights:
  • The LBB is coming up in a second, so maybe I probably shouldn't give them a heads-up.
  • When we're talking about growth and public education spending. on which LBB reports, but there are certain
  • But my understanding is that the LBB, when they do their inflation They are multiplying it by the growth
  • LBB. Representative Howard.
  • That stipulates the ta has to confer with lbb and comptroller prior to adoption a final or um any final
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
TX
Transcript Highlights:
  • The board might change that proposed budget just like with LBB staff.
  • Y'all don't ever just take the budget that's proposed by LBB staff, right?
Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • I do want to ask you a question. of the LBBs coming up in a second.
  • I think it depends. on which LBB reports, but there are certain circumstances where yes, we're doing
  • But my understanding is that the LBB, when they do their inflation They are multiplying it by the growth
  • LBB. Representative Howard.
  • That stipulates the ta has to confer with lbb and comptroller prior to adoption a final or um any final
Keywords: 1184, house, all
TX

Texas 89th Regular

S/C on Transportation Funding Mar 31st, 2025

S/C on Transportation Funding

Transcript Highlights:
  • Then those tolls come off as well, and then, again, it either goes to taxes— and the LBB will determine
  • Before I close, I will note that the fiscal note, the LBB fiscal note is...
  • According to the LBB, 95% of all state transportation funds are dedicated to highways, and these funds
TX

Texas 89th 2nd C.S.

Insurance May 20th, 2025

Insurance

Transcript Highlights:
  • It also eliminates $27.7 million in State revenue, according to LBB estimate, due to the premium tax
  • the members that want to decide the composition of the TWIA board. state revenue, uh, according to LBB
Summary: The committee first took up several bills and voted them out favorably without amendment: SB 2857, relating to prescription drug purchasing proof for certain health benefit plan issuers and employers; SB 1307, relating to the biennial health coverage reference guide; and SB 527, relating to health benefit coverage for general anesthesia for certain pediatric dental services. Each of those motions passed on a 7-0 roll call. The main discussion centered on SB 1643, which would require prior approval from the Texas Department of Insurance for property and casualty rate changes above 10% from a previously filed rate. The chair framed it as a response to rate volatility and rising homeowners and auto premiums, while several members questioned whether it would slow a market that is already stabilizing and could encourage insurers to file repeated increases just under the threshold. Witnesses from consumer groups supported tighter oversight and argued for a lower threshold, while insurance industry representatives opposed the bill, saying Texas’s file-and-use system and competitive market work better and that the proposal could increase costs or create uncertainty. After testimony, SB 1643 was left pending. The committee then heard SB 1642, which would replace the single Texas Department of Insurance commissioner with a three-commissioner structure and an executive director. Supporters said it could improve accountability and transparency, while opponents argued the current single-commissioner model is more efficient and avoids confusion and added cost. Witnesses also raised concerns about open meetings issues, administrative expense, and the lack of a clear model from other states. SB 1642 was also left pending. Finally, the committee heard SB 2530, the Texas Windstorm Insurance Association omnibus bill. The bill would make a number of changes to TWIA’s governance and finances, including exempting TWIA from certain taxes, moving its headquarters to a coastal county, changing board composition and voting rules, and lowering the probable maximum loss standard from 1-in-100 to 1-in-50. Supporters said the bill would strengthen TWIA’s reserve funding and improve local relevance, while opponents warned it could increase assessments, reduce reinsurance protection, and create operational risks by relocating the headquarters to the coast. The bill was left pending, and the committee then adjourned.
TX

Texas 89th 2nd C.S.

Public Education Jun 1st, 2026

Public Education

Transcript Highlights:
  • And I think the requirement of him is just to let the **LBB** know.
  • It requires notice and approval from both the **LBB** and the Office of the Governor.
  • And then we've got the **LBB** and the governor with the commissioner goosing it along.
  • I say, "Well, this is what **LBB** is telling me." We can agree on how it might...
  • I think **LBB** and **TEA**'s runs were always pretty close.
Keywords: 1184, house, all
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Articles VI, VII, & VIII Feb 25th, 2025

Appropriations - S/C on Articles VI, VII, & VIII

Transcript Highlights:
  • Um, the LBB pointed out that we got to fund 2.5 positions.
  • As you heard from the LBB, we are not asking for any exceptional items this year.
  • Chairman, uh, George Duke LBB, um, also, as you know, these are appropriate receipts, so they do not
  • accommodating, and, and I know these staff members want to meet with you guys as well, particularly LBB
TX
Transcript Highlights:
  • And we have LBB here; they can comment. There's no escalation in the legislation.
  • So your request has already been granted by the LBB. So anything more?
  • Who's going to speak for LBB? Yes, ma'am. Avery Sacks, LBB.
  • Members, are there any other questions to LBB? If not, thank you.
  • “Well, we probably—do we have our questions answered by LBB as far as we’re aware?
Summary: The Senate Committee on Education K-16 convened with a quorum, adopted its committee rules, and heard opening remarks from members introducing staff and outlining priorities for the session. Members from both parties emphasized education as a major issue, while several Republicans framed the committee’s work around school choice and parent empowerment. Senator West and other Democrats stressed protecting public schools, listening to Texans, and considering the effects of vouchers or education savings accounts on school districts and communities. Chairman Creighton laid out Senate Bill 2, the Texas Education Freedom Act, describing it as a universal education savings account program modeled on similar programs in other states. He said the bill would provide about $200 million for a universal eligibility pool and additional funding for students with disabilities and lower-income families, with priority weighting for former public school students. He also highlighted anti-fraud measures, vendor pre-approval, criminal background checks, cybersecurity protections, annual testing requirements for participating students, and the use of the Comptroller rather than TEA to administer the program. Creighton repeatedly said the bill is not a voucher and argued it would not take money from public schools, which he said would receive separate historic funding increases. Members questioned Creighton about the 500% of federal poverty line definition, the adequacy of the $10,000 ESA amount, whether the program would favor students already in private school, how microschools and homeschool pods would fit, and whether the bill protects religious liberty and private-school autonomy. Democrats raised concerns about disability protections, 504 students, foster children, public-school funding, open records, and the historical context of vouchers. Republicans generally supported the bill as a way to expand options for parents and students, while also asking about administration, fraud prevention, and data security. After member questions, the committee began invited testimony, with EdChoice President Robert Inlow presenting in support of SB 2 and citing the growth and reported success of school choice programs nationwide.
TX

Texas 89th 2nd C.S.

Finance Apr 2nd, 2025

Finance

Transcript Highlights:
  • amount necessary to make the contribution before each regular legislative session would direct the LBB
  • amount necessary to make the contribution before each regular legislative session would direct the LBB
Summary: The Senate Finance Committee heard several bills focused on tax administration, transportation, emergency services, historic preservation, forensic training, pension funding, and the state’s rainy day fund. Senate Bill 1337, by Senator Creighton, would require the comptroller to assess penalty and interest only on the net tax due and allow sales and use tax overpayments to offset underpayments more automatically; it was left pending while the author, comptroller staff, and a private witness continued working on the language and fiscal note. Senate Bill 1371, by Senator Hinojosa, would address Corpus Christi transit authority operations, including emergency refueling coordination, fare-setting procedures, and board term limits; it received supportive testimony and was left pending. Senate Bill 1377, by Senator Perry, would create a grant program for rural counties to buy ambulances, with a committee substitute expanding eligible uses in some cases to equipment and setting a sunset date; numerous EMS officials, county representatives, and association witnesses testified in support, emphasizing rising ambulance costs, staffing shortages, and the need for rural emergency coverage, and the bill was left pending after testimony. Senate Bill 868, by Senator Sparks, would direct at least 10% of volunteer fire department assistance funding to high wildfire-risk areas; Texas A&M Forest Service explained the map and methodology, and the committee substitute was adopted. The committee also heard Senate Bill 1426, which would place the First Capitol State Historic Site in West Columbia under Texas Historical Commission stewardship, and Senate Bill 1620, which would create a Texas Forensic Analyst Apprenticeship Pilot Program through the Office of Court Administration to address forensic scientist shortages; both had no opposition in testimony and their committee substitutes were adopted. Senate Bill 2065 would change the Texas Emergency Services Retirement System funding structure to require an actuarially determined state contribution and address the system’s unfunded liability over 30 years; Pasadena fire department representatives testified that the pension is an important volunteer retention tool, and the bill was left pending after testimony. Senate Joint Resolution 4 would raise the Economic Stabilization Fund cap from 10% to 15% of biennial revenue deposits, with a committee substitute correcting the effective date to September 1, 2027; the committee discussed the fund’s current balance and purpose before adopting the substitute. After quorum was established, the committee voted out the measures. Senate Bill 1868, Senate Bill 1371, Senate Bill 264, Senate Joint Resolution 4, Senate Bill 1426, Senate Bill 1620, and Senate Bill 2065 were all reported favorably to the full Senate, with some bills also certified for the local and uncontested calendar. The committee substitute for Senate Bill 868 was adopted and the bill was reported favorably as well. The committee then recessed subject to the call of the chair.
TX
Transcript Highlights:
  • The last one I want to mention and that LBB mentioned is the Financial Crimes Intelligence Center.
Keywords: 1184, house, all
TX

Texas 89th Regular

Public Health May 19th, 2025

Public Health

Transcript Highlights:
  • However, House Bill 1998 was written in a way such that the LBB interpreted that only physicians and
  • was that everybody would pay that fee with regards to House Bill 1998. program, but the way that the LBB