Video & Transcript Research : 'surplus appropriation'

Page 63 of 500
KY
Transcript Highlights:
  • And we don't need to collect any more than that because with collecting that amount puts us in surplus
  • to where we're in an us in surplus to where we're in an annual<00:15:03.760> or<00:15:04.000>
  • They can also tell with certainty what type of metabolizer they are and what dosage is appropriate for
  • They can also tell with certainty what type of metabolizer they are and what dosage is appropriate for
  • They can also tell with certainty what type of metabolizer they are and what dosage is appropriate for
Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.
MN

Minnesota 2025-2026 Regular Session

House Republican Press Conference 3/11/26

Transcript Highlights:
  • Now, during the Democrat trifecta, I want you to remember with me that we had an $18 billion surplus
  • With the small amount of—I hesitate to say the word—the budget forecast surplus.
  • "We should have been done during the time of the surplus. They weren't.
Keywords: 919, house, all
Summary: House Speaker Lisa Damoth and Leader Harry Niska held a press availability focused on “affordability” in Minnesota, arguing that families are being squeezed by rising costs for groceries, child care, housing, insurance, energy, and property taxes. They blamed recent DFL control for spending down an $18 billion surplus, raising taxes, and adding mandates and fees, and said House Republicans are prioritizing lower taxes and reduced mandates to help families keep more of what they earn. They outlined a package of Republican proposals, including making the state’s reinsurance program permanent, expanding direct primary care, requiring the state to pay for new health care mandates, allowing schools and local governments to opt out of some unfunded mandates, creating a property tax commission, eliminating taxes on tips and overtime, repealing the retail delivery fee, ending the Social Security tax, lowering car tab and boat fees, and returning future surpluses to taxpayers. They also criticized DFL proposals such as additional health care mandates, a climate super fund, and higher car tab fees, and said they oppose any new tax increases. In response to questions, the leaders said some affordability measures could be affected by federal policy, but emphasized that many cost drivers are within state control. They said they are open to broader property tax relief, including caps, and to investments in DHS and county systems modernization to reduce fraud and improve efficiency. They also said they do not expect a large omnibus bill at the end of session, arguing that bills should move individually through committee and onto the House floor, and they accused House Democrats of delaying bills for bargaining leverage. No votes were taken.
MN

Minnesota 2025-2026 Regular Session

House Floor Session Feb 20th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • After you guys squandered $18 billion surplus, raised taxes by $10 billion, And increased the state budget
  • concerned about the price of eggs suddenly in this body, and members, after having an $18 billion Surplus
  • whenever Democrats don't want to talk about what's actually happening in Minnesota—the $18.5 billion surplus
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 02/19/26

Health and Human Services

Transcript Highlights:
  • sort of appropriation authority doesn't yet<00:19:55.760> exist.
  • , if we are relying on that surplus to carry forward into '28 and '29 and mitigate the shortfall that
  • So, with that, Madam Chair, I'm to take questions if you feel it's appropriate at this time. losses in
  • <00:28:24.200> to if we we are relying on that surplus to if we we are relying on that surplus
  • it's appropriate at this time.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Floor Session Apr 10th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • you're going through a foreclosure and other entities are bidding on the property, there can be a surplus
  • In these sales, there's no clear process on what to do with the surplus money.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-05-01 - 11:30AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • H. 660 affecting the appropriations of the state will be referred to the Committee on Appropriations.
  • I do not feel there is appropriate I do not feel there is appropriate information<00:59:24.280><
  • Um, section two appropriately protective for Vermonters. appropriately protective for Vermonters.
  • Appropriations took a look at H. 648. Appropriations took a look at H. 648.
  • Senate Appropriations will Washington.
Keywords: 927, senate, all
FL

Florida 2025 Regular Session

June 5, 2025 - 02:30 PM

Transcript Highlights:
  • THESE FUNDS IN GENERAL REVENUE AND LEFT THEM UNALLOCATED THIS GIVES US THE OPPORTUNITY TO MAKE APPROPRIATIONS
  • DECISIONS AND AN APPROPRIATION DECISION COULD BE TO SPEND BUT IT ALSO COULD BE TO RETIRE DEBT SO BY
  • JUST PICKED UP AND CONTINUED NORMALLY WHAT WE KNOW AS NORMAL SPENDING PRACTICES WE WOULD HAVE HAD A SURPLUS
MN

Minnesota 2025-2026 Regular Session

Motor vehicle registration tax calculation change 3/25/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Um, we did have 18 billion dollars surplus and we've had 9 billion dollars worth of fraud that I think
  • Um, we did have 18 billion dollars surplus and we've had 9 billion dollars worth of fraud that I think
  • Um, we did have 18 billion dollars surplus and we've had 9 billion dollars worth of fraud that I think
  • And there is a surplus of dollars in our state ongoing, and we can afford this. Simple as that.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House/Senate DFL Media Availability 12/4/25

Minnesota House Floor Meeting

Transcript Highlights:
  • because the budget that was approved in that legislative session closed in June with a $5 billion surplus
  • c><00:19:39.679> billion closed in June with a $5 billion closed in June with a $5 billion surplus
  • :43.280> don't<00:19:43.440> want<00:19:43.520> to<00:19:43.679> hear surplus
  • So, I don't want to hear surplus. Okay?
Keywords: 919, house, all
Summary: House and Senate DFL leaders Erin Murphy and Zach Stevenson discussed Minnesota’s budget forecast, arguing that rising health care costs, federal policy changes under Trump and congressional Republicans, and cuts to health care, food support, and clean energy are worsening the state’s fiscal outlook and household affordability. They said the state’s economy remains strong but is being undermined by higher premiums, tariffs, canceled projects, and shifting costs to state and local governments, while Republicans are prioritizing tax cuts for the wealthy and large corporations over working families. A major topic was fraud prevention and oversight. In response to questions, the leaders said every dollar of fraud is unacceptable, but that the budget forecast is not the right tool to measure it. They pointed to existing efforts, including BCA investigators, a governor-ordered and legislature-authorized audit, stronger laws passed in 2023-2025, and work on an independent inspector general proposal. They said the House DFL supports stronger anti-fraud measures and wants fraudsters held accountable, while also protecting services for vulnerable Minnesotans. The leaders also defended prior DFL budget decisions, saying the 2023 legislative session ended with a $5 billion surplus and rejecting Republican claims that DFL spending drained the state’s coffers. They said Minnesota must still balance its budget, but that the structural deficit is being driven largely by rising medical assistance and health care costs, which they argued are tied to federal actions and broader health system instability. No votes were taken in this transcript; it was a press availability with questions and responses.
MN

Minnesota 2025 1st Special Session

House Legislative Leader Media Availability 6/6/25

Minnesota House Floor Meeting

Transcript Highlights:
  • And so anytime you're passing a budget that's not just spending a surplus, but it is in fact anticipating
  • that's not just passing a budget that's not just spending<00:04:08.159> a<00:04:08.480> surplus
  • 09.200> it<00:04:09.360> is<00:04:09.680> in<00:04:09.920> fact spending a surplus
  • , but it is in fact spending a surplus, but it is in fact anticipating<00:04:10.879> a<00:04:11.120
Keywords: 1183, house
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 113 May 7th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • <01:00:57.119> with the committee on appropriations with the committee on appropriations with
  • <01:22:34.880> After Committee on appropriations. After Committee on appropriations.
  • To the appropriations report, Senator Kulker. >> Uh, we moved another amendment in appropriations, L006
  • >> and the appropriations report. >> and the appropriations report.
  • To the appropriations<02:23:01.760> report. appropriations report. appropriations report.
Keywords: 981, all
Summary: The Senate convened with a quorum, approved the journal, and received a series of engrossing/revising/enrolling notices and committee reports. Committee reports advanced several measures, including House Bills 1139 and 1263 from Business, Labor, and Technology; House Bills 1206, 1111, and 1014 from Finance; and later Appropriations reports on House Bills 1423, 1419, 1276, 1256, 1015, and Senate Bills 189, 188, 187, 180, and 125. The chamber also granted a brief recess for guests and later granted leave for the Joint Budget Committee to meet while the Senate was in session. A major portion of the meeting was devoted to tributes and personal privilege remarks. Senators recognized the University of Denver men’s hockey team for winning the 2026 NCAA championship and adopted a joint Senate-House tribute honoring the team’s 11th national title. Senator Kolker also marked Tardive Dyskinesia Awareness Day/Week, describing the condition, the need for screening and treatment, and honoring a guest advocate living with TD. The Senate then moved through third-reading consent and final-passage votes on multiple bills. Measures passed included SB 181, HB 1338, HB 1344, HB 1336, HB 1227, HB 1314, HB 1282, HB 1317, HB 1078, SB 167, HB 1069, HB 1132, HB 1347, HB 1210, HB 1196, HB 1224, and HB 1028; HB 1028 was first removed from the consent calendar, amended with a conforming amendment, and then passed. Several bills drew notable opposition, including HB 1132 and HB 1210, while HB 1069 passed unanimously. The Senate also laid over the general order second-reading calendar to Friday, May 8, 2026, and took up special-order second-reading bills in committee of the whole, adopting the special-order consent calendar and reporting those bills back favorably for further consideration.
HI

Hawaii 2025 Regular Session

WAM Informational Briefing 01-28-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • This is the overall surplus, and that's your decision-making.
  • <00:57:46.960> and<00:57:47.160> that's this is the overall Surplus and that's this
  • is the overall Surplus and that's your<00:57:47.680> decision-making<00:57:48.440> what
  • can make the decisions and a surplus can make the decisions and a surplus we<00:57:57.880> I<
  • /c><00:57:58.039> the<00:57:58.160> word<00:57:58.359> Surplus<00:57:58.799>
Keywords: 912, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 03/11/25

Health and Human Services

Transcript Highlights:
  • So that's part of the reason we have a pretty good surplus in the account.
  • So that's part of the reason we have a pretty good surplus in the account.
  • <00:30:47.360> in reason we have a pretty good surplus in reason we have a pretty good surplus
  • In a time when the state budget projections show only a small surplus, Projections show only a small
  • surplus for this biennium and projected deficits going forward.
Keywords: 1187, senate, all
TX

Texas 89th Regular

Senate Session (Part I) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • These two facilities are or will be surplus and will no longer serve a purpose.
  • respect to the Texas State Library and Archives Commission to be able to either sell or lease the surplus
  • Senate Bill 3039 takes steps to address this imbalance as well as ensure that policymakers have the appropriate
Summary: The Senate opened with a quorum, an invocation, and routine business including dispensing with the previous day’s journal, receiving a House message on HB 104/HJR 34, and a gubernatorial message naming two appointees to the Texas Real Estate Commission. The chamber also adopted several resolutions recognizing Alzheimer’s Advocacy Day, Golf Day in Texas, Cindy Ramos-Davidson, and the 50th anniversary of the Harris-Galveston Subsidence District. Members then adopted memorial resolutions honoring fallen first responders, including Deputy Jesse Ray Perez and Deputy Melissa Pollard, and the Senate agreed to adjourn in their memory. The Senate considered and passed several bills. SB 2199 increased penalties for loading overweight vehicles transporting hazardous materials; SB 1959 adjusted permit factors for the North Texas Groundwater Conservation District; SB 1376 changed supervision rules for code enforcement officer trainees; SB 2595 created a new offense for harassing, intimidating, or threatening someone while concealing identity with a mask or similar headgear; SB 1012 authorized sale or lease of certain surplus state property in Austin; SB 2245 revised bonded title procedures; SB 2605 created a municipal housing authority asset commission; SB 3044 expanded and adjusted the board of the Presidio County Underground Water Conservation District; SB 628 clarified county fire code enforcement authority through interlocal agreements; SB 2778 raised the spending threshold for emergency services district employees; SB 3039 addressed public higher education transfer issues; and SB 2523 allowed release from municipal extraterritorial jurisdiction by petition. Most of these bills were passed to engrossment, the three-day rule was suspended, and final passage was completed, often by wide margins. The chamber also took up SB 1844, which would require cities to provide services before expanding taxing areas into limited-purpose jurisdictions; a floor amendment narrowed the bill, and it was passed to engrossment. SB 2284 clarified municipal and county authority over firearms, airguns, archery equipment, and related items, and was passed despite opposition. SB 2529, dealing with the vote threshold for taxing units to adopt higher tax rates or issue tax bonds, prompted extended debate over voter approval and representative decision-making; after questions, the bill was passed to engrossment and held. At the end of the session, the Senate recessed for 20 minutes and announced it would meet as the Caucus of the Whole.
US
Transcript Highlights:
  • development, President Trump's actions serve only to push our friends away for us, and that is not appropriate
  • We have a trade surplus with Australia, not a deficit. We have a trade surplus with Australia.
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.
AL

Alabama 2025 Regular Session

Alabama Senate Banking and Insurance Committee Feb 19th, 2025

Banking and Insurance

Transcript Highlights:
  • It really deals with surplus lines.
  • If you're not familiar, surplus lines is really going to be something mainly around the coast.
  • people who we help and do everything, they're going to jack the prices up, and they send it to us to appropriate
Keywords: 923, senate, all
AZ

Arizona 2026 Regular Session

03/05/2026 - Joint Legislative Budget Committee

Joint Legislative Budget Committee

Transcript Highlights:
  • As background, the election costs less than expected and there was a surplus.
  • The cost was less than expected and there was a surplus.
Keywords: 1182, all
Summary: The Joint Legislative Budget Committee approved the January 29, 2026 minutes and then took up a Secretary of State budget transfer tied to unused funds from the U.S. Congressional District 7 special election line item. JLBC staff explained that $2.49 million would be transferred to the operating budget, including $500,000 for 2026 primary and general election costs, $240,000 for Secretary of State physical security costs from March through June 2026, and $1.7 million for county-related expenses, including $1 million for the state’s voter registration database share. Staff said the request was smaller than the Secretary of State’s original $2.9 million request because it excluded $200,000 for future database replacement planning and $160,000 in already-incurred security costs. The Secretary of State’s representative said the security funding covered physical security measures and presence at public events, but declined to provide operational details in open session for safety reasons. Members questioned the size and purpose of the security request, the status of communications with the U.S. Department of Justice regarding voter rolls, and whether litigation costs related to that dispute were being tracked. The Secretary of State’s representative said the office had been in active communication with federal officials and had participated in virtual meetings, but could not discuss litigation details or confirm face-to-face DOJ meetings. One member asked for a written or verbal list of meetings and another requested ongoing litigation cost information, expressing concern about spending on legal disputes. The representative said none of the transferred special-election funds would be used for litigation and that the office would discuss budget questions further if needed. The vice chair said the issue had been discussed for months and noted dissatisfaction with the office’s response to DOJ and voter-roll issues, but said the transfer was still needed. He moved a favorable review of the item with provisions requiring monthly expenditure reports to JLBC staff beginning April 15, 2026, and prohibiting the transferred money from being used for contracts with individuals. The transcript cuts off before the full vote or any additional provisions were completed.
ND
Transcript Highlights:
  • For example, in addition to these three topics, there's a surplus property suggestion.
  • We are about 60% state appropriated and about 40% of our revenue comes from tuition.
  • At 82%, the district courts consume the lion's share of the judicial branch appropriation.
  • Hopefully some are on policy, some are on appropriations.
  • Appropriations.
Summary: The task force reviewed survey results from state agencies on potential statutory revisions, with Levi reporting 70 proposals from 20 agencies and noting that about 33 might become agency pre-file bills. Members discussed the need to share the survey more broadly within higher education and to better coordinate issues involving IT and other cross-agency functions. The task force then heard from the Office of Management and Budget on three topics: concessions, architect/engineering pre-qualification, and legal notices. OMB said the concessions law is outdated and inconsistent with current practice, and suggested a collaborative rewrite to allow best-value evaluation, raise the threshold, and standardize solicitation templates. On architect/engineering pre-qualification, OMB proposed expanding authority beyond current state-agency limits and creating uniform templates. On legal notices, OMB proposed modernizing publication requirements, exploring online and abbreviated notices, and working with newspapers and other stakeholders on technology and accessibility improvements. Members asked about where concession revenues go, whether political subdivisions must follow the same rules, and how to move from discussion to action. The task force agreed to have OMB work with Legislative Council and affected stakeholders to develop bill drafts, and the motion passed unanimously. The University of North Dakota then presented a series of proposed revisions focused on public buildings and procurement. UND asked to rework the definition of construction so routine maintenance and one-for-one replacements over $250,000 would not automatically trigger public-improvement requirements, suggested raising the threshold to $500,000, and asked for more flexibility based on project complexity and risk. UND also proposed changes to public bid advertisements to reflect electronic bidding, revisions to construction manager-at-risk selection criteria, changes to architect/engineer procurement rules, an increase in the direct-hire design threshold, and a higher legislative-consent threshold for privately funded projects. The task force supported having UND work with counsel and OMB to develop bill drafts, and that motion also passed. The Department of Public Instruction concluded with proposed cleanup to credentialing and education statutes. DPI recommended reviewing its credential categories for relevance, possibly transferring credentialing authority to the Education Standards and Practices Board, removing outdated school safety patrol language, clarifying waiver provisions, and updating dyslexia screening reporting requirements so the statute reflects current practice. Members focused mainly on whether the dyslexia reporting requirement should remain, and DPI said the screening itself would continue even if reporting language were revised. No votes were taken on DPI’s suggestions, and the task force recessed after the presentation.
NM

New Mexico 2026 Regular Session

Senate Chamber Jan 23rd, 2026 at 10:43 am

New Mexico Senate Floor Meeting

Transcript Highlights:
  • due diligence, as has been... ...doing the appropriate due diligence, as has been done on this bill,
  • They are not funded by the general fund unless there is a special appropriation from the general fund
  • funds... ...to set aside $1.5 billion of our surplus funds for roads as an endowment, and you could
  • Senate Bill 106, introduced by Senator Pope, is an act making an appropriation to the Higher Education
  • So I think it's very appropriate at the end of each week to just pause, and yeah, Senator Muñoz, we've
Keywords: 996, all
TX

Texas 89th 2nd C.S.

Insurance May 20th, 2025

Insurance

Transcript Highlights:
  • released a report in March showing that the property-casualty industry is sitting on $1.1 trillion in surplus
  • There's a lot of numbers thrown around about how much money is in surplus in various places that have
  • we would especially point out the indexing of the assessment on insurers, uh, that— would encumber surplus
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.