Transcript Highlights:

• ,<00:04:21.519> despite so in the governor's budget, despite so in the governor's budget,
• <00:18:32.960> The retirement system budget. The retirement system budget.
• we we budget the debt service. we we budget the debt service.
• current budget, it was still amvertised. current budget, it was still amvertised.
• Budget.

Keywords: Meeting Start 00:00:00 Roll Call 00:00:11 Executive Budget 00:00:50, 958, all

Summary: The committee met to hear a presentation from Dr. Hicks on the governor’s recommended budget for the next biennium. He reviewed the revenue outlook, noting modest general fund growth, a large rainy day fund balance, and the impact of recent income tax reductions. He said the budget was built around recurring reductions, lower debt service and retirement contribution rates, and the use of excess restricted funds, while protecting K-12 education, Medicaid, postsecondary education, public safety, and pension obligations. Dr. Hicks outlined several major spending and reserve proposals, including $350 million from the Department of Insurance’s excess restricted funds to support Medicaid in the first year, $150 million for the affordable housing trust fund, $125 million for rural hospitals, $100 million to offset lost federal ACA premium tax credits, $75 million for utility assistance, and $50 million for food assistance. In education, the proposal included a phased pre-K for all plan funded by sports wagering tax revenue, a 3% annual salary increase for full-time school personnel, continued full funding of teacher pensions, a 2.5% annual increase in SEEK base funding, and additional support for career and technical education and school facilities. He also discussed Medicaid cost pressures, including higher managed care, pharmacy, behavioral health, and nursing facility costs, and explained the expected effects of federal HR1 changes on Kentucky’s Medicaid program. Those changes include work and community engagement requirements and more frequent eligibility redeterminations for expansion members, which the administration estimated would reduce enrollment by about 4,300 in the first year and 28,000 in the second year. No votes or formal committee actions were taken during the meeting, which was limited to the budget presentation and member questions.

Transcript Highlights:

• We need real growth in the FY26 budget request in addition to a historic defense reconciliation package

Keywords: Indo-Pacific Command, U.S. military strategy, China military drills, Taiwan, Philippines, North Korea, defense budget, military modernization

Summary: The meeting focused on significant strategic discussions regarding the U.S. Indo-Pacific Command and its military posture in the region. Admiral Paparo and General Brunson were commended for their services, with the Chair noting an alarming shift in the balance of power towards China. Key topics included China's aggressive military drills near Taiwan, the increasing coercion against the Philippines, and the need for the U.S. to reaffirm its commitments to its allies in the region. Concerns were raised regarding China's military modernization and its implications for U.S. forces, alongside discussions on North Korea's threats and its burgeoning nuclear capabilities. The committee emphasized the urgent need for military and defense appropriations to counteract these growing security challenges.

Transcript Highlights:

• But tough budget decisions should be based on facts and analysis, not reckless layoffs.
• And it's all coming at a time when our budget is challenged.
• Based on upping the budget on the one hand, and cutting it on the other.
• other parts of the budget is being increased.
• I mean, he ordered DOD to hastily propose an 8% across-the-board budget cuts to the budget while exempting

Keywords: Steven Feinberg, Deputy Secretary of Defense, national security, budget cuts, military readiness, global threats, Department of Defense

Summary: The meeting primarily focused on the nomination of Steven Feinberg as Deputy Secretary of Defense. The committee emphasized the urgent need for strong leadership in response to a complex array of global threats posed by adversarial coalitions, including China, Russia, and Iran. The discussions highlighted concerns regarding budget cuts and personnel reductions within the Department of Defense, showcasing the challenges posed by the current economic context and the pressing need to maintain military readiness and capabilities. Various members expressed their apprehensions about how impending layoffs and budget reductions would impact the defense workforce and national security.

Transcript Highlights:

• I am challenging our Budget Subcommittee chairs to dive into the budget and find real savings in recurring

Keywords: property insurance, insurance reform, housing, healthcare, public education, public safety, budget reform, tax policy, government accountability, taxpayer protection

Summary: The Florida House of Representatives convened for the 2025 Regular Session. Speaker Perez delivered opening remarks emphasizing collaborative governance over personal priorities, announcing no House Bill 1 to focus on collective work. He outlined key policy areas including property insurance reform, with plans for subcommittee hearings and subpoena powers to investigate insurance company practices and potential accounting irregularities. The Speaker called for meaningful reforms in housing, healthcare, education, and public safety, while challenging budget subcommittees to find recurring revenue savings rather than relying on temporary tax holidays. The session will focus on government accountability, waste elimination, and taxpayer protection. Governor DeSantis requested to deliver the State of the State address on March 4th, which was approved through concurrent resolution.

Transcript Highlights:

• and it is not to her advantage to have a budget deal.
• special education don't solve budget special education don't solve budget problems,<01:23:38.120
• Please support House budget equation.
• Um, because the cuts have already been booked as savings in the budget.
• So if allocated well, new extra spent.

Bills: HF3493, HF4114

Keywords: safe schools, charter schools, nonpublic schools, Tribal education, funding increase, special education, funding, education finance, appropriations, budget, cross subsidy

Bills: HB2, HB3

Keywords: capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, 965, house, all

Transcript Highlights:

• At the Office of Management and Budget.
• He was chief of staff to Senator Enzi as Chairman of the Budget Committee.
• You know, they have to balance the budget, or they'll go bankrupt.
• The Budget Act didn't work. Simpson-Bowles didn't work.
• Everybody talks about the budget, budget reconciliation, all that.

Keywords: nominations, Scott Cooper, Eric Ulan, federal workforce, Office of Personnel Management, Office of Management and Budget, accountability, collective bargaining

Summary: The committee convened to discuss the nominations of Scott Cooper for Director of the Office of Personnel Management and Eric Ulan for Deputy Director at the Office of Management and Budget. This meeting highlighted the critical roles both positions play in managing the federal workforce, which comprises over two million civilian employees. Concerns were raised regarding the current administration's approach to federal employment, citing issues like mass firings and the undermining of collective bargaining rights. Members expressed the need for better accountability and transparency within the federal system, emphasizing the importance of attracting talented public servants.

Transcript Highlights:

• One of the most significant challenges we face as a rural EMS agency is our limited budget.
• We just ordered, for next year's county budget, an ambulance at the cost of $345,000.
• Seventy-three percent of my $2.3 million budget is directly related to labor costs.
• Over the last 10 years, my budget has increased by 110%. My call volume has increased by 150%.
• Because we have an ever-increasing overall budget and revenue.

Bills: SB868, SB1337, SB1371, SB1377, SB1426, SB1620, SB2064, SB2065, SJR4

Keywords: SB 868, rural volunteer fire department assistance program, volunteer fire department assistance fund, Texas Government Code, wildfire, wildland fire, high-risk wildfire area, fire suppression, rural fire departments, volunteer firefighters, emergency response, public safety, grant allocation, appropriations, disaster preparedness, tax penalties, interest calculation, overpayment, tax law, refund process

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.

Transcript Highlights:

• seen in past with the budget seen in past with the budget instructions<00:03:15.040> when
• the ABRs, additional budget request. the ABRs, additional budget request.
• that we had was a change to the budget that we had was a change to the budget calendar.<00:04:34.080
• Uh so the the office of state budget Uh so the the office of state budget director<00:04:46.720>
• And then through the appropriations act, the budget bill, we have a mechanism, you know, for a budget

Keywords: 00:02 Call to Order and Roll Call 00:55 FB 2026-2028 Executive Branch Budget 15:17 Adjournment, 958, all

Summary: The committee held its first meeting on budget instructions for the 2026-2028 state budget, as required by KRS Chapter 48. Staff from the Office of State Budget Director outlined three recommended changes: restructuring Form B4 for additional budget requests to emphasize the problem, solution, and quantitative data; adding page numbers to the Record P report so agencies’ additional budget requests can be located more easily; and updating the budget calendar to reflect the December 20 presentation of the consensus forecast to LRC under changes made by House Bill 360. Members asked follow-up questions about contribution rates, debt service template rates, and employee health rates. Staff said the fiscal 2026 KS non-hazardous contribution rate is 42.76%, but fiscal 2027 and 2028 rates have not yet been set; debt service rates would be posted later; and employee health rate assumptions are still being discussed with the Personnel Cabinet. Members also asked how program reductions or terminations would be handled, and staff explained that agencies base requests on statutory and federal requirements, while budget reductions are handled through the appropriations act. The committee discussed whether Form B4 should ask agencies to describe alternative options considered and how they were evaluated. Staff said the current instructions do not specifically require that, though some implications may appear in narrative responses, and members agreed to continue working on the instructions. The committee then adopted a motion directing the co-chairs to work with LRC staff to finalize the 2026-2028 budget instructions and present them for adoption, with the motion approved by roll call. Members also noted that federal budget developments, including possible SNAP cost shifts to states, are being monitored but are too early to incorporate into the instructions at this time.

Transcript Highlights:

• You have in front of you a report by the Legislative Budget Board that was issued in December of 2024
• As I showed you, the Legislative Budget Board indicated that $15 billion in assessed values have been
• In our assessment, though, focusing on income-based unit allocations, for example, in the case of equity
• The legislative budget board mentioned that $15 billion was wiped off.
• This bill is not about budgets. This is bigger than money. It's about power.

Bills: HB21, HB211, HB223, HB323, HB524, HB530, HB636, HB762, HB21, HB211, HB223

Keywords: housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation

Bills: HB21, HB211, HB223, HB323, HB524, HB530, HB636, HB762, HB21, HB211, HB223

Keywords: housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation

Transcript Highlights:

• Ultimately, that would be a substantial decrease to our transportation budget in a time where the needs
• Ultimately, that would be a substantial decrease to our transportation budget in a time where the needs
• So just, you know, that would be a substantial decrease to our transportation budget in a time where
• in a time where every dollar in our budget matters.
• > we every dollar in our budget matters we every dollar in our budget matters we need<00:51:20.240

Bills: HF5

Keywords: tax modification, transportation funding, electric vehicle tax, Social Security subtraction, retail delivery fee, motor vehicle registration, state budget, transportation policy, 1183, house

Summary: The Transportation Committee resumed consideration of House File 5, which would reduce transportation-related revenues while also providing tax relief, including a subtraction for Social Security income, elimination of the delivery fee, and a cap on automatic gas tax indexing. The committee adopted the A1 author’s amendment, which added the phrase “using existing resources,” and then proceeded to public testimony. Representative Joy described the bill as making Minnesota more affordable, while several members and testifiers raised concerns about the impact on transportation funding and road maintenance. MnDOT Commissioner Nancy Doppenberg testified that reductions in planned transportation investments would worsen pavement, bridge, and roadway conditions, reduce construction projects and jobs, and add to an already large funding gap. Committee discussion focused on the estimated revenue losses from the bill, including about $45 million in fiscal year 2026 and $55 million annually from repealing the delivery fee, plus additional losses from capping gas tax indexing, for a combined transportation revenue reduction of about $131 million in the 2026-27 biennium. Members also asked about bridge aesthetics, paint, transit impacts, and whether other mandates and cost increases should be considered alongside revenue reductions. Supporters of the delivery fee repeal, including the Minnesota Grocers Association and Minnesota Retailers Association, argued the fee is costly to administer, confusing to consumers, and disproportionately burdens small businesses and lower-income or disabled consumers who rely on delivery. The Minnesota Association of Townships and the Minnesota Transportation Alliance emphasized that rural and local governments face major road and bridge funding needs and warned that reducing revenue would shift costs to property taxpayers or leave projects unfunded. No final vote on the bill was taken in the portion of the meeting provided; the committee continued with testimony and member questions.

Transcript Highlights:

• <00:05:10.840> for<00:05:11.000> us the governor's budget for us the governor's budget
• <00:05:25.639> in Transportation budget in Transportation budget in thousands<00:05:27.600
• <00:20:30.720> cycle uh as we get into the budgeting cycle uh as we get into the budgeting
• <00:47:03.920> uh budget uh budget uh recommendations<00:47:05.800> uh<00:47:05.920>
• have in your budget.

Bills: HF5

Keywords: tax modification, transportation funding, electric vehicle tax, Social Security subtraction, retail delivery fee, motor vehicle registration, state budget, transportation policy, 1183, house

Summary: The committee began with member and staff introductions, then heard an overview of the governor’s transportation budget recommendations from fiscal staff Andy Lee. He explained that the spreadsheet showed only proposed changes, not base spending, and highlighted General Fund and trunk highway adjustments for MnDOT and the Department of Public Safety, including operating changes, extensions of prior appropriations, increased state road construction and Blatnik Bridge authority tied to anticipated federal funds, State Patrol hiring and a metro headquarters item, aeronautics changes, and revenue adjustments in the Driver and Vehicle Services special revenue account. The main testimony came from Metropolitan Council Chair Charlie Zelle, who outlined three budget-related items: advancing funds to MnDOT to help coordinate a highway reconstruction with a transitway project, making Metro Mobility riders eligible for free fixed-route transit, and reducing the Metro Transit general fund appropriation by $32.454 million annually. He said the advance would speed delivery and reduce disruption, the free-fare pilot had been successful and could save money if even a small share of Metro Mobility trips shifted to fixed-route service, and the general fund reduction was manageable in the near term because of new revenue streams but could constrain future expansion and capital maintenance. Members questioned the long-term effects of the proposed reduction, possible impacts on safety, service expansion, and capital maintenance, and whether federal funding uncertainty could affect operations and bus procurement. Zelle said the cuts would not affect immediate operations but could limit future BRT, microtransit, and transitway expansion, while also noting that capital maintenance needs include platform rebuilds, track work, rolling stock, and station repairs. He also said the 2023 funding package had accelerated projects and that the council was opening three transit lines this year. No votes or formal actions were taken in the portion provided.

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=yaoNLqzCjTE, 2026-06-21T07:17:02+00:00, 2.2.24, Data collected via generic collector engine, MEETING START 00:00 ROLL CALL 00:24 DISCUSSION WITH BEAU BARNES, DEPUTY EXECUTIVE SECRETARY & GENERAL COUNSEL 01:06 WITH THE KY TEACHER RETIREMENT SYSTEM. 2022-2024 BIENNIAL BUDGET, USED & ACCRUED SICK LEAVE IN RETIREMENT PURPOSES, CURRENT BUDGET, 30 YEAR RETIREMENT PROJECTIONS., 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• The rest of the budget is almost verbatim basic budget. Yes, ma'am.
• FY 2027 budget.
• The concern is that it is allocating specific dollars to each county based on 2025 numbers for a budget
• voted for that budget. ...opposing this budget here today, they voted for that budget.
• budget.

Bills: HB4138, HB4139, HB4140, HB4141, HB4142, HB4143, HB4144, HB4145, HB4146, HB4147, HB4148, HB4149, HB4150, HB4151, HB4152, HB4153, SB1831, SB1832, SB1833, SB1834, SB1835, SB1836, SB1837, SB1838, SB1839, SB1840, SB1841, SB1842, SB1843, SB1844, SB1845, SB1846

Keywords: appropriations, education funding, health care, general fund, state budget, local funding, gaming, pari-mutuel, horse racing, regulatory assessment, first-time starters, budget implementation, federal funds, government services, budget stabilization, financial reporting, capital outlay, infrastructure, veterans services, highway construction

Summary: The committee met in a special joint appropriations session to review the FY 2027 budget package, including House Bill 4138 and Senate Bill 1831, the general appropriations or “feed” bills. Staff described the budget as including a one-time transfer of state funds, a 5% lump-sum reduction to most agencies’ discretionary general-fund budgets, continued funding for the state health insurance plan and school facilities, and various one-time restorations or reversions of prior appropriations. Members spent much of the meeting clarifying how the 5% reductions would work, noting that formula and mandatory funding such as K-12 basic aid are excluded, while the governor’s executive branch would decide how to implement the cuts within agencies. The chair repeatedly emphasized that the committee was not specifying line-item cuts and that agencies would have discretion over implementation. A large portion of the discussion focused on the practical effects of the budget on universities, public safety, health care, rural programs, and fund sweeps. Arizona Board of Regents and university representatives said the proposed reductions would amount to more than $85 million statewide and could affect programs such as the Arizona Promise Program, Teachers Academy, and tuition freezes, though no specific program cuts were written into the bill. Other testimony raised concerns about fund sweeps from encumbered balances, including university research funds, housing trust funds, utility regulation funds, and ADOT-related accounts, with some members warning about possible impacts on rural infrastructure and federal matching dollars. The committee also discussed the state employee health plan, including a $228 million general-fund infusion and proposed employee premium increases over three years, as well as questions about corrections, forestry and fire management, and rural critical access hospitals. Public testimony was largely opposed to the budget. Speakers from Opportunity Arizona, the Arizona Board of Regents, health care, and local government argued that the package would reduce support for education, housing, SNAP, health care access, and rural communities while preserving tax benefits for data centers and wealthy taxpayers. A mayor from Globe described severe flood damage and asked for state help for a flood relief fund, while a motorcycle safety advocate questioned a proposed transfer from the motorcycle safety fund. Committee members debated whether the budget’s effects should be described as speculative or as likely consequences of the broad cuts, and several exchanges became contentious over comparisons to the Great Recession and references to federal tax policy. The meeting ended with continued public testimony and no final vote taken in the portion provided, though leadership had earlier said the committee planned a mass roll-call vote on all the bills at the end.

Transcript Highlights:

• Yeah, and so to the extent that there are inflationary pressures on the budget because it's a percent
• And that's how we end up with over $50 billion in property tax relief currently in the budget, and that
• Back historically a little bit, we had the 2011 pinch where we saw public education start to cut budgets
• That's because we had a budget deficit; we had a revenue shortfall for whatever reason.
• Okay, just for perspective, I was looking at the budgets, the entire budgets of some other countries.

Bills: SJR4, SJR 4

Keywords: economic stabilization fund, state finance, constitutional amendment, budget management, financial security, term limits, state offices, governor, lieutenant governor, election reform, 1184, house, all

Transcript Highlights:

• Over the last two budget cycles, we have asked for a lot of increases in our appropriations.
• OPUC, Summary of Budget Recommendations.
• , a rate allocation expert, a rate design expert, and a return on equity expert.
• The additional $600,000 per year will allow us to properly allocate funds, keep budget lines separate
• These are the budget recommendations for the Board of Chiropractic. Examiners.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• Presentation on budget, Kelsey Sims.
• The budget for this budget is $1.00 million. Kelsey Sims is $1.00 million. Thank you, Mr. Chairman.
• These are just a list of standard budgeting changes.
• Next, we'll have the agency presentation on budget.
• budget.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• This is an estimate of 5 billion sales tax allocations and 1.3 billion sales tax allocations for the
• So I'd like to begin by thanking the committee for the funding allocated in TxDOT's budget as it already
• And look, you've got a big budget. This isn't even a.
• Budget correction is as big as your budget, so I look forward to working, Madam Chair, with them on that
• A budget to align budget authority with 2627 funding recommendations and then Rider 33.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• That was depicted in the budget. Moving now to section three on page five.
• , which is a reduction of $549.4 million from the 2015 budget.
• from the 2015 budget.
• Mark Wiles, Legislative Budget Board.
• Then it kicked up to over 500 million, 500 to 550 last budget. 550 last budget, of which they're still

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all