Video & Transcript : 'trust funds' :

Page 64 of 500
ND

North Dakota 2026 1st Special Session

Water Topics Overview Committee Mar 26th, 2026 at 09:00 am

Water Topics Overview Committee

Transcript Highlights:
  • He said the Resources Trust Fund is the funding bucket the State Water Commission uses to fund projects
  • Fund, $414 million in the Resources Trust Fund.
  • Trust Fund, it would not do so from a statewide perspective since the funding from the Resource Trust
  • the Resource Trust Fund.
  • on the Resources Trust Fund.
Keywords: 908, all
KY
Transcript Highlights:
  • funded.
  • funded.
  • funded.
  • funded.
  • Now, in order to receive that, these health insurance trusts have to be funded at 90%, which is the case
Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.
WA
Transcript Highlights:
  • Even Democrats admit they can't be trusted.
  • And we need them to trust us. Trust us to run state government.
  • And we need them to trust us. Trust us to run state government.
  • our ending fund balances...
  • It's how we get to funding.
Summary: House and Senate Republican leaders held a media availability on the second day of the 60-day legislative session, reacting to Governor Ferguson’s State of the State address and outlining their priorities. They said the top issue is affordability, and argued the governor and Democratic majority are responding with more taxes, regulation, and government spending rather than restraint. They criticized the prospect of a state income tax, calling it unconstitutional, politically unpopular, and likely to expand beyond high earners over time. They also said the state should avoid raiding the rainy day fund and instead look for savings through tighter budget management, reduced middle management, and a focus on core services. The leaders also discussed public safety, immigration enforcement, child care oversight, transportation, housing, and the Climate Commitment Act. On immigration, they said law enforcement coordination is essential and criticized mixed messages from state leaders about federal enforcement and sheriffs. On child care, they said allegations of fraud in subsidy programs should be investigated through audits and oversight, and rejected the idea that looking for fraud is offensive to honest providers. They said there is some bipartisan agreement on using Climate Commitment Act revenue for the Working Families Tax Credit, transportation, and wildfire prevention, but argued the tax itself is regressive and should be redirected to better uses. On the budget, Republicans said the current deficit will not be solved by a future income tax and that the state will likely need spending cuts or savings. They said there is some limited agreement with moderate Democrats against further tax increases and against using the rainy day fund as a first step. On housing and transportation, they said the real solutions are permitting reform, changes to the Growth Management Act and energy code, and more stable transportation funding, rather than more state spending on affordable housing or piecemeal fees. No votes were taken, and the event ended as a press availability with questions from reporters.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Feb 12th, 2025

Ways and Means Education

Transcript Highlights:
  • The funding is $10 million. ...the education trust fund capped at $10 million annually.
  • from the Education Trust Fund.
  • Trust Fund. What this amendment does is provide an additional funding mechanism.
  • The Alabama Trust Fund is the fund that's fed up there on the far right, $3.5 billion.
  • Rainy Day Fund for the Education Trust Fund.
Bills: HB188 , HB52
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 26th, 2026 at 01:39 pm

House Appropriations & Finance

Transcript Highlights:
  • This would go into the Housing Trust Fund where we fund six activities.
  • This is a fairly new program for us that is funded with the Housing Trust Fund.
  • back into the housing trust fund.
  • and sort of newly also the housing trust fund.
  • Are there some rules in that trust fund that...
Keywords: 996, all
NH
Transcript Highlights:
  • </c><00:18:17.919><c> fund</c> transfers from the education trust fund transfers from the education trust
  • trust fund funds transferred education trust fund funds transferred into<00:18:52.799><c> the</c><00:
  • </c><00:19:14.880><c> fund</c> transfer from the education trust fund transfer from the education trust
  • It's a restricted trust fund that fund.
  • </c> unemployment compensation trust fund. unemployment compensation trust fund.
Keywords: 928, house, all
Summary: The Joint Committee on Dedicated Funds met to review the House budget provision that would impose a 5% administrative charge on a broad list of dedicated funds, with some exemptions. Members discussed the House approach versus the Senate’s more general approach of leaving the governor discretion over which funds could be charged. The chair explained the committee was hearing from agencies about any legal, contractual, or practical reasons their funds should be exempt, and the agenda was expanded to include several departments and written submissions from others. The Department of Education testified first, identifying several funds it said should be exempt: a printing revolving fund that is funded by transfers rather than fees; teacher certification, which is self-funded by educator licensing fees and would require an immediate fee increase if charged; a vending stand set-aside tied to the federal Randolph-Sheppard program and subject to federal approval and vendor committee procedures; and a public school infrastructure/safety account, where most revenue is transferred from the education trust fund or general fund rather than generated by fees. Members questioned the department about the effect on school safety projects and whether the fee would simply reduce the number of projects completed each year. The Veterans Home asked for exemptions for three funds: a donation benefit account used for recreational activities and quality-of-life expenses for residents, a small memorial trust fund whose interest supports veteran activities, and a resident member account that holds veterans’ personal income such as Social Security and pensions. The department argued the charge would reduce donations, cut services, and effectively function like an income tax on vulnerable veterans. The Banking Department also requested exemption for its consumer credit administration license fund, saying it is used to keep exam fees low and is expressly intended by statute to reduce costs on regulated businesses; it said the 5% charge would undermine that framework and could eventually force higher fees. The Department of Justice began testimony on its dedicated funds, starting with the medical legal investigative fund, which pays for death investigations and related services under statute and without general fund support. No votes or final actions were taken in the portion of the meeting provided; the committee mainly heard testimony and asked questions about the practical and legal effects of applying the administrative charge.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-06-02 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Well, I'll go back to the trust fund that we just discussed.
  • So we've removed the trust fund, and these counties do not have any dedicated funds or offsets now in
  • Currently, as you are aware, there is no trust fund associated with losses.
  • It's for all of the programs funded by Children's Services and Children's Trusts.
  • I doubt Palm Beach County will qualify for funding from that trust fund.
Keywords: 998, house, all
LA
Transcript Highlights:
  • Executive Director of the Natural Resources Trust Authority, which is administering the fund.
  • So from our perspective, the most important thing is that the trust fund funding stays in place.
  • So from our perspective, the most important thing is that the trust fund funding stays in place.
  • From our perspective, the most important thing is that the trust fund funding stays in place.
  • paid into the trust fund counts towards those caps.
Summary: The committee first took up Senate Bill 480, which would allow anchoring in certain waterways, specifically Oyster Bayou, with restrictions to protect oyster leases and require a person to remain on board. After brief explanation from the sponsor, Representative DeWitt moved favorable and the bill was reported favorable without objection. House Bill 510, which would have prohibited importation of captured carbon dioxide into Louisiana for sequestration, was discussed briefly. The sponsor said the proposal appeared to conflict with federal law and interstate commerce concerns, and he asked to voluntarily defer the bill. The committee agreed, and HB 510 was deferred. The committee also heard House Resolution 279, urging the state to study geothermal energy policy; after questions about geothermal technology and possible overlap with CCS infrastructure, the resolution was adopted on a 10-3 roll call vote and reported favorable. The bulk of the meeting focused on House Bill 1152, as amended, dealing with the Carbon Dioxide Geologic Storage Trust Fund and a proposed injection fee for carbon sequestration projects. The amendment would set the fee at 19 cents per ton, with 12 cents going to the state trust fund and 7 cents going directly to affected parishes, while retaining existing fund caps and adding evacuation routes as an eligible local expenditure. Industry groups and local government representatives both testified: industry warned the proposal was rushed, could create uncertainty, and might hurt Louisiana’s competitiveness; parish officials argued locals need a meaningful revenue share, transparency, and bargaining power because they will bear emergency-response burdens. Members raised questions about the fee structure, exemptions for state lands and parish agreements, and whether the local share would continue for the life of a project. The bill remained under discussion at the end of the transcript, with talk of creating an off-session task force or working group to continue negotiations for next year.
MN

Minnesota 2025-2026 Regular Session

No entering into certain civil immigration enforcement agreements with the feds 3/3/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Um, and I again, this is very forward-thinking in maintaining trust with local officers who are funded
  • Um, and I again, this is very forward-thinking in maintaining trust with local officers who are funded
  • Um, and I again, this is very forward-thinking in maintaining trust with local officers who are funded
  • Um, and I again, this is very forward-thinking in maintaining trust with local officers who are funded
  • Um, and I again, this is very forward-thinking in maintaining trust with local officers who are funded
Keywords: 1183, house
NH

New Hampshire 2025 Regular Session

House Education Funding (10/28/2025)

Transcript Highlights:
  • education trust fund for the meeting today.
  • </c><01:59:13.920><c> Thank</c> from the education trust fund. Thank from the education trust fund.
  • If I'm is coming from the trust fund.
  • </c> come from the education trust funding. come from the education trust funding.
  • I wasn't sure the education trust fund.
Keywords: 928, house, all
Summary: The subcommittee took up several school building aid bills. HB 295, which would make school building aid program funds non-lapsing, drew debate over whether the program is effective and whether funds should be allowed to carry forward. Supporters argued the program is underfunded and that even small leftover amounts should remain available for building aid; opponents said non-lapsing funds limit future budget flexibility and that the program creates winners and losers. The committee voted 4-3 to recommend HB 295 inexpedient to legislate (ITL). The committee then considered HB 366, which would increase school building aid for eligible projects and include retroactive funding for projects completed in the past. The motion to ITL was supported on the grounds that retroactive payments would be unfair to districts still waiting in line and that the legislature should focus on future projects. Supporters of the bill said the increase was modest and that districts that built during a prior moratorium on aid were left with long-term fiscal burdens. The committee again voted 4-3 to recommend ITL. The discussion also broadened into special education funding and a retained bill, HB 742, concerning catastrophic special education aid and the source of funding. Members debated whether the education trust fund should cover the aid and whether the committee should act now or wait for a separate commission studying special education costs. Several members emphasized that special education costs are rising, that more data is needed on student identification and funding formulas, and that the commission’s report may provide better guidance. The chair said the subcommittee’s recommendations would go to the full committee, and the next meeting was expected to be rescheduled from November 4 to later that week because of election-related conflicts.
CA
Transcript Highlights:
  • So usually affordable housing has multiple funding sources which are monitored by multiple funding agencies
  • And would it help a land trust, you know, with acquisition and rehab funding, is one of my first questions
  • So all funding sources are really, all funding sources rely on having the ability to have a construction
  • So all funding sources are really, all funding sources rely on having the ability to have a construction
  • Turn around the funds available during construction faster, or the ability to just draw on those funds
Keywords: 988, house, all
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 24th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • We're hopeful that you'll take the House's approach on the Housing Trust Fund and other programs, including
  • The Housing Trust Fund is the backbone of Washington's affordable housing system.
  • The need for affordable housing continues to outpace what the Housing Trust Fund can meet, and every
  • I'm here to advocate that you consider at least matching the House budget for the Housing Trust Fund
  • We'd like to thank the committee for the continued and increased investments in the Housing Trust Fund
Bills: SB6003 , HB2353 , HB2431 , HB1983
Committee: Senate Ways & Means
FL

Florida 2025 Regular Session

January 15, 2025 - 09:00 AM

Transcript Highlights:
  • the state housing and local government affordable housing trust funds.
  • And again, those funds primarily fund our State Housing Initiatives Program, SHIP, and also our State
  • And that's what the land trust does.
  • the land trust standpoint.
  • These are largely funded by a general fund, and our general fund is largely funded by taxes that we collect
Summary: The committee met to hear a panel on workforce and attainable housing, with presentations from Florida Housing Finance Corporation, Pensacola Habitat for Humanity, Wendover Housing Partners, the City of Tallahassee, and Escambia County. Speakers described how state and local tools such as SHIP, the Live Local Act, land trusts, accessory dwelling units, infill development, and public-private partnerships are being used to expand housing supply and preserve long-term affordability. Several panelists emphasized that housing demand is rising across income levels, that workforce households often need subsidy to buy or rent, and that housing location, transportation access, and proximity to jobs and services are critical. They also highlighted challenges including rising construction costs, limited land, insurance, NIMBY opposition, and the need for more flexible financing tools and employer participation. Members asked about area median income thresholds, whether current programs are reaching the households most in need, and what additional tools might help. Florida Housing said its traditional rental programs generally serve households at or below 60% AMI, while need is increasingly reaching up to 80% AMI statewide and higher in some regions; staff also provided examples of AMI levels by county. Other discussion focused on the impact of local government opt-outs, tax abatements, corporate ownership of single-family homes, insurance costs, Fortified construction standards, and whether bonuses or other income calculations can unintentionally disqualify applicants. Panelists urged more political will, more local flexibility, and additional incentives for employers and landowners to support housing near jobs. The committee also used an anonymous interactive polling exercise, and members identified partnerships, SHIP funding, local government action, cost, and insurance as key issues. In closing, the chair said the committee would continue a member-driven process and likely hold a workshop on housing-related topics. No formal votes or bills were taken up in the meeting, and the session adjourned after the discussion.
ND

North Dakota 2026 1st Special Session

Water Topics Overview Committee Mar 26th, 2026

Water Topics Overview Committee

Transcript Highlights:
  • tax revenues deposited into the resources trust fund.
  • Fund, $414 million in the Resources Trust Fund.
  • the Resource Trust Fund.
  • on the Resources Trust Fund.
  • on the Resources Trust Fund.
Summary: The Water Topics Overview Committee met with a quorum and heard updates from Department of Water Resources Director Reese Haas and Lieutenant Governor/State Water Commission Chair Michelle Strinden on statewide water funding, major projects, and two legislative studies requested in House Bill 1020. Haas reviewed the status of the Northwest Area Water Supply and Southwest Pipeline projects, noting NAWS construction is expected to move water by fall and Southwest’s Hebron-Rugby expansion phase one is in final design with bids expected next month. He also summarized the department’s budget outlook, including Resources Trust Fund and Water Project Stabilization Fund balances, the effect of oil price volatility and stripper well exemptions on revenues, and the status of project buckets, carryover, lines of credit, regionalization, bid trends, and administrative/process updates. Committee members asked about project prioritization, municipal funding demand, maintenance expectations, replacement versus deferred maintenance, and whether the 2025 session may have underfunded municipal water supply needs. Haas said the commission uses the same high/medium/low prioritization process across all buckets, reviews maintenance plans as part of policy, and is seeing strong demand in the municipal bucket. He also explained that the department’s 14-year projection is based on the next seven legislative sessions and that the state faces a projected $1.3 billion shortfall over that period if all planned projects are funded under current assumptions. Deloitte then presented draft findings from the cost-share policy study and the governance/finance study. For cost share, Deloitte said the model shows a roughly $1.3 billion shortfall over 14 years and about $1.8 billion through 2031 under current policy, and offered seven options including tighter eligibility for replacement projects, state funding caps for the Mouse River and Red River Valley projects, a priority-based cost-share scale, timing shifts, use of existing lines of credit, and delayed reimbursement timing. For governance, Deloitte outlined draft options for Southwest, NAWS, and Red River ranging from maintaining current structures with stronger planning to transferring ownership or adding formal oversight, and recommended broader use of performance metrics, long-term financial planning, and clearer decision trees. No votes or formal actions were taken; the commission discussed the scenarios and the studies will return in revised form later in the spring.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 086 Part 1fix Apr 10th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • fund. $45 million from the unclaimed property trust fund.
  • It's in a trust fund, the unclaimed property trust fund held in trust, private property.
  • It's in a trust fund. The unclaimed property trust fund is held in trust, private property.
  • trust funds to balance the budget.
  • Prop 123 or unclaimed trust funds to Prop 123 or unclaimed trust funds to balance<02:41:27.439><c> the
Keywords: 981, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Municipalities and Regional Government Jun 21st, 2026 at 01:00 pm

Joint Committee on Municipalities and Regional Government

Transcript Highlights:
  • The Library Trustees worked with the town's Trust Fund Commission and were assisted by the town's Finance
  • And it allows the fund's balance to remain with the Trust Fund Commission, which is where it has been
  • trust that funding would just go into the general fund.
  • to year, we need a trust to be able to hold that funding across years because otherwise it would really
  • we can currently set up a linkage fee but without a training trust that funding would just go into the
Keywords: 995, all
Summary: The committee held a lengthy hybrid hearing of the Joint Committee on Municipalities and Regional Government, with testimony spanning local board training, animal welfare and enforcement, municipal charters, water district dissolution, and other home rule matters. Chairs Rausch and Lewis set strict time limits because of the large number of speakers and explained that written testimony would also be accepted. Members heard from local officials, advocates, municipal employees, and residents, with many bills receiving broad support from municipal and advocacy witnesses. Several speakers supported bills requiring or expanding training for local boards and commissions, including pre-service training for planning, zoning, and other land use boards. Supporters said training would help volunteers understand complex laws, improve consistency, reduce legal challenges, and speed up housing and development decisions. Related testimony also backed a bill to modernize historic district commissions and another to allow associate planning board members to serve more broadly when needed to maintain quorums. A major portion of the hearing focused on animal legislation. Witnesses supported bills to expand citations for cruel conditions beyond dogs, update dangerous dog procedures, improve animal health inspections and breeder oversight, strengthen tethering rules, and protect pet consumers. Animal control officers, humane organizations, and some victims of dog attacks described enforcement gaps and the need for clearer standards, while several dog trainers and the American Kennel Club opposed parts of the dangerous dog bill and tethering restrictions, arguing they would limit humane training tools and professional discretion. The committee also heard strong support for a bill to create a statewide pet shop and consumer protection framework. The committee also heard testimony on several local home rule petitions. Medford officials and residents strongly supported a new city charter that would replace the current at-large council with ward-based representation and periodic charter review. Wayland representatives supported a bill to preserve the library’s Millennium Fund as intended, Cambridge officials backed creation of an employment and job training trust, and Carver officials supported dissolving the North Carver Water District due to compliance and financial problems. No votes were taken during the hearing, and the chair repeatedly invited written testimony and follow-up materials.
FL

Florida 2026 Regular Session

Appropriations Apr 2nd, 2025

Appropriations

Transcript Highlights:
  • This amendment provides $350,000 in non-recurring state funds to the State Transportation Trust Fund
  • the scheduled termination of the trust fund, and that is the bill.
  • Fund to the State Courts Revenue Trust Fund and eliminated all statutory references to the Mediation
  • and Arbitration Trust Fund.
  • Trust Fund and eliminated all statutory references to the Mediation and Arbitration Trust Fund.
Summary: The Appropriations Committee heard presentations on the Senate’s proposed 2025-2026 budget, SPB 25-200, totaling $117.4 billion. Chair Hooper and committee chairs highlighted major spending priorities including a 4% raise for state employees, continued health insurance contributions, investments in water quality, transportation, education infrastructure, and workforce development, along with reductions tied to long-vacant positions. Education funding was a major focus, with increases for K-12 public schools and scholarships, higher education workforce programs, nursing initiatives, tutoring, and university performance funding. Health and human services, criminal and civil justice, transportation/economic development, and agriculture/environment budgets were also outlined, including Medicaid, mental health, corrections staffing, affordable housing, beach restoration, citrus recovery, and water projects. Members then questioned several budget choices, especially K-12 funding. Senators Polsky and Smith raised concerns that the Senate’s AP and dual enrollment funding changes could disadvantage public schools, while Burgess argued the budget preserves the money in the FEFP and gives districts more flexibility rather than reducing support. Questions also addressed voucher availability, school stabilization funding, and the My Safe Florida Home program. The committee adopted 171 consent amendments and three late-file amendments, then approved SPB 2500 as a committee bill. It also favorably reported implementing and conforming bills for state employees, retirement, natural resources, judgeships, K-12 education, higher education, and health and human services, along with SB 7022 on Florida Retirement System contribution rates and elected-officer DROP options, CS/SB 1320 on the Resilient Florida Trust Fund, SB 7014 ending the Mediation and Arbitration Trust Fund, SB 7028 on cancer research, CS/CS/SB 170 on nursing home quality and oversight, CS/SB 168 on mental health diversion and behavioral health data, SB 114 creating an insurance and risk management research center at FSU, and SB 180 on emergency preparedness and post-storm recovery. Most bills were reported favorably with little or no opposition, though SB 180 drew discussion about local-government authority after storms and the need to balance recovery speed with local safety and planning concerns.
FL

Florida 2026 5th Special Session

Appropriations Feb 5th, 2026

Transcript Highlights:
  • But that is not how this trust fund has been used.
  • But I do still don’t totally understand how something gets into this fund, the trust fund, versus comes
  • So would, you know, why is No Kings Day in this trust fund and not part of your regular budget?
  • By title, it's the Emergency Preparedness and Response Trust Fund.
  • And as with any new legislation, with any new trust funds or authorization bills, there's going to be
Summary: The committee took up four bills before moving to a broader discussion of the Emergency Preparedness and Response Trust Fund. SB 434, which would prohibit counties from increasing a home’s assessed value because the owner installed wind mitigation measures, was presented as a homeowner protection measure and reported favorably. CS/SB 110, clarifying that certain 98-year-or-longer residential leaseholders remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably without opposition. SB 856, requiring online real estate listing platforms to display estimated ad valorem taxes using prescribed calculation methods and not the current owner’s tax bill, drew supportive testimony from property appraisers, Zillow, and local government groups; members emphasized transparency for buyers, especially first-time homebuyers, and the bill was reported favorably. The committee then spent most of the meeting on SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Supporters, including the Division of Emergency Management, argued the fund is needed for hurricanes, flooding, other disasters, and rapid response operations, and said the extension preserves legislative oversight that would otherwise lapse. Opponents from advocacy and policy groups argued the fund has been used too broadly, especially for immigration-related detention and enforcement activities, and criticized the lack of tighter guardrails and transparency. They cited deaths in detention facilities, the use of emergency dollars for non-disaster purposes, and concerns about political favoritism and public accountability. Director Kevin Guthrie testified at length in support of the extension, explaining that the fund is used for natural, man-made, and technological emergencies, that reimbursements from federal and other sources are returned to the fund, and that the state has used it for hurricanes, flooding, civil unrest, international evacuations, and immigration-related operations under Operation Vigilant Sentry. He said the division has sought federal reimbursement for some expenses and that the fund helps the state respond quickly when emergencies arise. Members questioned the size of the fund, the amount spent on immigration-related activities, the status of federal reimbursements, and whether lawmakers should have more oversight or unannounced access to detention facilities. The bill discussion remained ongoing in the portion provided, with no final vote on SPB 7040 shown in the transcript excerpt.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 02/11/25

Housing and Homelessness Prevention

Transcript Highlights:
  • </c> funding far outweigh the number of funds funding far outweigh the number of funds available<00:36
  • We were funded in 1993 as the first community land trust in the state of Minnesota, and we also became
  • We were funded in 1993 as the first community land trust in the state of Minnesota, and we also became
  • This fund could be used to fund funding source that has been enacted in funding source that has been
  • first</c> amendment will fund three funds first amendment will fund three funds first the<01:00:42.839
Keywords: 1187, senate, all
FL

Florida 2026 4th Special Session

February 16, 2026 - 03:30 PM

Transcript Highlights:
  • fund spending. billion dollars in trust funds, funding a total of 9,145 authorized positions.
  • As requested, we've reduced $400,000 of tax trust fund money in excess.
  • Let's also talk a little bit about trust fund sweeps.
  • Every year, we review expenditures out of trust funds, revenues to the trust funds where there's money
  • Trust Fund.