Transcript Highlights:

• This bill puts the framework around the economic development money that we dropped in the 2024 budget
• It just sets the parameters for how these funds will be allocated through the Department of Agriculture
• /c><00:02:29.680> uh<00:02:30.200> it<00:02:30.360> just dropped in the 2024 budget
• <00:02:33.879> through These funds will be allocated through These funds will be allocated
• First of all, I want to say thank you so much for last year, uh, putting in the budget the $5 million

Keywords: 958, all

Summary: The Senate Standing Committee on Agriculture met with a quorum present and opened with the Pledge of Allegiance, led by guest Bob James of Barren County. The chair recognized visiting groups, including the Kentucky Leadership Program and the Kentucky Cattleman’s Leadership Program, before turning to the day’s only agenda item, Senate Bill 28. The committee adopted a committee substitute for SB 28 by motion and second, with no opposition recorded. The chair explained that the bill creates the framework and parameters for distributing $5 million in economic development funding included in the 2024 budget through the Department of Agriculture. Commissioner of Agriculture Jonathan Shell testified in support of the bill and described it as enabling legislation to help Kentucky attract more end users, processors, and further-processing operations. He highlighted the importance of existing agricultural processing in the state, especially poultry, citing growth in agricultural cash receipts from $3.1 billion in 1996 to $8.3 billion more recently, with poultry rising from 5% to 25% of the total. He also pointed to major processing facilities, job creation, and the broader impact on farmers and corn markets, including examples from Hopkinsville and other regions.

Transcript Highlights:

• Some of them you put into your introduced budget.
• in on funding that budget.
• . of New Mexico is $12 billion, so a third of their state budget.
• It's what's allocated in the foundation school program, but they.
• They could do even more. more if they chose to, if it worked with their budgets.

Keywords: 1184, house, all

Transcript Highlights:

• get to enhance our budgets by doing it. get to enhance our budgets by doing it.
• It's an additional budget. Any other questions? Thank you so much, Senator. Thank you.
• It's an additional budget. Any other questions? Thank you so much, Senator. Thank you.
• <00:25:10.800> uh, the major maintenance allocation uh, the major maintenance allocation uh
• Um, the allocation in total is for their block grant dollars.

Bills: HB0034, HB0035, HB0036, HB0106

Keywords: HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility

Transcript Highlights:

• plan that maintains a balanced budget plan that maintains a balanced budget while<00:02:40.959><
• Uh department of revenues budget bill.
• > policy Next another budget neutral policy Next another budget neutral policy piece.<00:08:26.960
• other areas of Minnesota state budget? other areas of Minnesota state budget?
• So, I would expect that our budget bill, the budget proposal from Chair Baker and ... morning at 8:15

Bills: HF4598, HF4884, HF3732

Keywords: workers' compensation, Minnesota workers' compensation, Workers' Compensation Advisory Council, reinsurance association, Workers' Compensation Reinsurance Association, WCRA, occupational disease, presumption, first responders, firefighter cancer, PTSD, post-traumatic stress disorder, police officer, paramedic, emergency medical technician, correctional officer, security counselor, public safety dispatcher, temporary total disability, permanent partial disability

Transcript Highlights:

• It was allocated in FY26 and FY27. That is specific to Allocated in FY26 and FY27.
• It's not part of the typical budget that we have on an annual basis.
• This is just to correct their budget.
• It's also to correct that budget. And C is a request from ASU Beebe.
• And that is what's really put a strain on our budget the last two years.

Summary: The committee met to review a large slate of fiscal year 2026 and 2027 appropriation, transfer, and continuation requests across multiple sections. Early items included temporary appropriations for agencies such as Health, DHS, Education, Public Safety, State Police, Emergency Management, Aeronautics, Military, Economic Development, and Game and Fish, covering items like maternal health outreach, energy assistance repayments, Wynne High School tornado rebuilding, senior food services, cybersecurity, crime victim reparations, aviation grants, conservation incentives, and emergency tower maintenance. Members asked questions on several items, including DHS aging carry-forward funds and Treasury custodial banking fees tied to COVID-era balances; the committee also approved a disclosure by the chair on the Game and Fish-related item before voting to approve the section. The committee then approved continuation requests, CARES Act and ARPA reallocations, and federal grant appropriations. Notable discussion included the Boonville developmental disability project, ALIGN program reallocations at several universities, a small business technical assistance grant at UA Little Rock, and a Department of Public Safety highway safety grant, for which members requested more detail on operating expenses and professional fees. Additional approvals covered a transfer to the Merit Teacher Incentive program, restricted reserve fund transfers for military medical command and university projects, and a state central services deduction held at 2%. The Department of Commerce also received approval for a reallocation of positions and spending authority tied to its organizational realignment. Later sections included shared technology and higher education transfers, cash fund appropriations for school Medicaid reimbursements, corrections, youth mental health, narcotics detection canines, bike safety equipment, a state motor pool pilot, and law enforcement safety costs. The committee also reviewed budget classification transfers, including a Governor’s Office legal fee transfer related to a California lawsuit, and heard explanations about E-Rate reimbursements affecting the Office of State Technology. Members asked about VOCA funding levels for crime victim services and about the National Security Grant Program for nonprofits and faith-based organizations; officials said federal funding had declined from prior highs but appeared to have stabilized, and that the nonprofit security grant is an annual federal program. The meeting concluded with review of pay plan requests, DHS overtime funding for child protection caseloads, and a year-end adjustment request allowing DFA to make up to $1 million in transfers to close the books, after which the committee adjourned.

Transcript Highlights:

• /c><00:36:01.839> is the other allocation requirement is the other allocation requirement is found
• <00:44:40.640> of modification in the allocation of modification in the allocation of searchcharge
• <01:15:04.480> the um previous attempts to allocate the um previous attempts to allocate the
• midst of a really challenging budget midst of a really challenging budget outlook<01:32:13.280><
• <01:33:54.880> in<01:33:55.199> both governor's budget in both governor's budget in

Keywords: 1187, senate, all

Transcript Highlights:

• million that the DR then has to allocate million that the DR then has to allocate out<00:13:14.720
• out of their budget. out of their budget.
• allocated out to the individual towns. allocated out to the individual towns.
• The school budget is a line item in our municipal budget.
• Uh the school budget is a line budget.

Keywords: 1189, house, all

Transcript Highlights:

• Further, California has budgeted billions of dollars to be invested in broadband infrastructure projects
• We haven't allocated all the funds yet. Do we have enough money?
• FFA, correct me if I'm wrong, was given out, each county got an allocation, correct?
• Our new committee members, each county got an allocation for FFA.
• But I do want to point out that our budget agreement is still December 31st, 2026.

Keywords: 988, house, all

Transcript Highlights:

• Going into session and budgeting from that, right?
• And that's the bigger kind of budget worry that I have.
• Our 27 base budget plus expansions is a total of $15 billion. 85% of the Health Care Authority's budget
• They have different asset allocation targets.
• You know, as we talk about FTE and agency budget.

Transcript Highlights:

• This is our overall compliance with the registration and budget submissions.
• So the budget submissions includes the budget estimates, amendments, and year and actuals.
• <00:21:05.120> director<00:21:05.520> that the office of state budget director that
• Back in on up to the equity in road fund allocations. I guess what does that mean?
• I guess what does that allocations. I guess what does that mean?

Keywords: Meeting Start: 00:00:13 Roll Call 00:00:24 Approval of Minutes from September Meeting 00:02:10 Presentation of Special Purpose Governmental Entities Report 00:03:19 Presentation of Kentucky League of Cities Legislative Platform for the Upcoming 2026 Session of the General Assembly 00:15:37 Discussion of Centralized Collection of Net Profits and Occupational License Taxes 00:37:05 Adjournment 00:55:53, 958, all

Summary: The committee received reports on special purpose governmental entities from the Department for Local Government and the Fire Commission. DLG staff described SPGEs as limited-jurisdiction political subdivisions and reviewed the department’s registry, reporting portal, compliance monitoring, and planned system upgrades such as a two-way message center, automated noncompliance notices, and tracking for new entities and board expirations. They reported that, as of October 10, 2025, 69% of SPGEs were active and discussed compliance data by cycle, fiscal year, and district type. The Fire Commission reported that fire department mergers have reduced the number of departments by 16 since last year, largely because of volunteer staffing shortages, while financial disclosure compliance had risen to 94%. The commission also noted 509 compliance reviews, 19 in-house inquiries, seven referrals to outside agencies, and one recent federal prison sentence in a theft case. Members asked whether DLG advises SPGEs on tax rates; staff said it only performs calculations and the entities set their own rates. Questions to the Fire Commission focused on whether department reductions meant station closures; officials explained that most changes were mergers that keep physical buildings in place while combining personnel and finances to meet minimum staffing requirements. They said the trend is spread across the state but is especially pronounced in rural areas. The Kentucky League of Cities then presented its 2026 legislative agenda. Its priorities included modernizing city revenue options, increasing equity in road funding, fixing tax increment financing issues, addressing transient room tax collection from web-based platforms, strengthening emergency response coordination, clarifying massage parlor regulation preemption, correcting unintended consequences of House Bill 606, improving newspaper publication rules, and modernizing procurement statutes. KLC also said it supports allowing all cities to collect restaurant tax revenue, wants cities to receive a larger share of road funds and EV-related revenues, and seeks state collection and remittance of any future local sales tax to comply with the Streamlined Sales and Use Tax Agreement. Members asked about best-value bidding, road-fund equity, Airbnb tax litigation, EV prevalence, and disaster funding applications; KLC said cities currently must accept the lowest bid, the road split should better reflect city street costs, the Airbnb tax case remains pending, EV data by locality has not been studied, and allowing cities to apply directly for disaster funds would reduce reliance on county officials. No votes or formal actions were taken beyond approving the September meeting minutes.

Transcript Highlights:

• and the skinny budget, if you would call it.
• So that's $270 million in the budget, um, for housing. In summary.
• I guess this is the part I've been waiting for too and just talk about the budget.
• So, this, a version of this was in the governor's FY 26 proposed budget.
• But it was not included in the final budget.

Transcript Highlights:

• we budget...
• And I just want to say for the last three capital budget hearings in these last three budget cycles,
• Our total capital budget request is $29.5 million.
• Budget development for FY 28.
• of replacement fund is not in our operating budget. ...is not in our operating budget, and we're asking

Keywords: 928, house, all

Summary: The hearing reconvened with testimony from several agencies on their capital budget requests. The Department of Environmental Services requested a little over $38 million, with major emphasis on dam repairs and design work for aging state-owned dams, including a $5.25 million match for possible FEMA BRIC funding at Pawtuckaway/Tuckaway and other projects such as Milton Three Ponds, Murphy Dam, and Lakeport Gates. DES also requested funding for state revolving loan fund matches, a Superfund match for the Savage Well site, IT and air-monitoring upgrades, and a new $750,000 cybersecurity request for water and wastewater systems. Committee members asked about FEMA eligibility, the distinction between design and construction money, and the timing and risk of banking funds if federal grants do not materialize. The University System of New Hampshire requested $20 million in state support, primarily $15 million for a major Diamond Library renovation at UNH to create a student support hub and reduce/repurpose collection space, plus $2.5 million each for deferred maintenance at Plymouth State and Keene State. The Community College System requested about $16.6 million across seven projects, led by critical maintenance, campus safety/security upgrades, IT infrastructure, parking and site improvements, HVAC replacement at White Mountains Community College in Littleton, a building management/energy system, and modernization of NHTI’s dental clinic and radiology spaces. The Department of Education requested $29.5 million, including a $4.9 million internal management platform to replace paper-based and siloed systems, plus career and technical education capital projects; Milford’s CTE project was described as being revised after repeated failed bond votes, while ConVal said its revised project would focus on modernizing existing CTE space and adding a security vestibule. Fish and Game requested $1.075 million for three facilities: Sewall Falls in Concord, the Lancaster Armory, and the Bunker Lane Barn in Durham, focusing on structural repairs, security, reconfiguration, and in one case replacement of a failing barn with a new 40-by-60 building. The department also said hatchery work is ongoing but that it is taking a cautious approach because of the planned New Hampton Hatchery and future capital needs. The Department of Natural and Cultural Resources requested $9.26 million for eight projects, including campground electrical upgrades at Ellacoya and Lake Francis, White Lake water system replacement, Mount Washington fuel tank and safety work, Odiorne Point visitor center work funded through parks revenue, roofing and parking lot repairs, Fox Forest office safety upgrades, and historic site repairs at White Island and Fort Constitution. Members asked about revenue-based capital, the stability of the parks fund, and flexibility in choosing projects as bids come in. The Department of Transportation began its presentation at the end of the transcript, but its detailed requests were not yet discussed.

Transcript Highlights:

• little over 11 million that's allocated little over 11 million that's allocated over<00:29:35.040
• Budgets being moral documents, and, um, Rep.
• <00:35:26.080> with written, but how they are allocated with written, but how they are allocated
• <00:37:06.560> that's services we just get a budget that's services we just get a budget that's
• allocation. >> Representative Robbins, thank you.

Keywords: 1183, house

Summary: House File 4738 was laid over for possible inclusion in the 2026 tax bill. Representative Keeler presented the bill as a funding source for Minnesota’s Safe Harbor program, arguing that trafficking and sexual exploitation are statewide problems and that current shelter and housing resources are insufficient. She and several supporters emphasized that the program serves youth across greater Minnesota, not just the metro, and that state and federal funding pressures make additional support necessary. Testifiers from Place Called Home/Life House, The Link, the City of Minneapolis, and a survivor all described the impact of Safe Harbor and related shelter programs. They cited data on youth served, bed nights, mental health services, and high unmet need, including waitlists and youth turned away because programs are full. Testimony stressed that stable housing and trauma-informed services help survivors recover and move toward education, employment, and family stability. One committee member, Representative Davis, objected to the proposed funding source, saying he would not support taking money from women’s sports scholarships and urging a different source. The bill’s tax mechanism was described as ending the sales tax exemption for preferred seating, suite licenses, and related amenities at athletic and entertainment events. Alec Williams of We Make Minnesota supported the proposal as a fair way to raise revenue from high-end discretionary purchases for a public purpose. Committee discussion also focused on the size of the revenue estimate and the breakdown of the impact, with nonpartisan staff saying roughly 85% would come from suite licenses, 10% from collegiate seating, and 5% from amenities. Representative Smith and others framed the issue as both a tax and moral question, and the chair moved the bill to be laid over.

Transcript Highlights:

• We think this is good for the budget. Thank you.
• New Mexico has experienced several consecutive years of multi-billion-dollar budget surpluses.
• The total amount that will be allocated is $300 million.
• Chair, committee, the $100 million allocated for housing is not allocated specifically to NMSU.
• The $50 million is allocated directly to NMSU. Mr. Chair, committee, yes, that is correct.

Bills: SB151, HB8, SB177

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• Speaker, gentlelady, in the Senate, the majority of the budget for that District 2 has been allocated
• Speaker, gentlemen, and I'm joined by Director Salih, Budget Director Amanda Briding.
• This is all in the budget. Perfect. Thank you so much, Mr. Speaker, gentlelady.
• One-time allocation over two years. Thank you, Mr. Speaker and gentlelady.
• Speaker, is over the last six years our budget has almost doubled.

Transcript Highlights:

• >> The IT budgeting policy subcommittee will now come to order.
• We are going to cover the We're gonna be a budget subcommittee today.
• Make sure I get my budget director. >> Thank you.
• That's a key attribute for budget across the state.
• Going going to the budget is is the budget. I don't.

Transcript Highlights:

• as the correct budget recommendations. as the correct budget recommendations.
• And this requires the governor to request, through a bill separate from the budget or supplemental budget
• And this requires the governor to request, through a bill separate from the budget or supplemental budget
• So I mean given budget.
• <00:44:19.760> to lumpsum amounts to be allocated to lumpsum amounts to be allocated to special

Bills: HB1617

Keywords: carbon emissions, tax credit, fossil fuel, agriculture, food security, environmental tax, greenhouse gas, 910, house, all

Summary: The committees heard testimony on HB 1949, which would create a public dashboard for the green fee to improve transparency and accountability. Testimony from the Climate Change Mitigation and Adaptation Commission, the Office of Planning and Sustainable Development, and many community and conservation groups was generally supportive, with several speakers urging that the governor’s project recommendations remain largely intact and that community-driven projects continue to guide spending. One amendment was suggested to place the dashboard at the Department of Budget and Finance for fiscal expertise, while other testimony favored keeping it with the commission. Members asked about procurement, ETS involvement, recurring hosting costs, and whether the dashboard could be funded from green fee revenues; the commission said it could work with ETS and that green fee funds could reasonably be used. The committees then voted to pass HB 1949 with amendments. The committees also heard HB 2618, which would require the governor to submit a separate bill for amounts tied to any increase in the transient accommodations tax and, in later discussion, was expanded into a broader restructuring of future green fee allocations. Testimony from the Climate Change Mitigation and Adaptation Commission, Hawaii Reef and Ocean Coalition, and others supported the bill and emphasized the value of more predictable, dedicated funding for conservation and climate-related work. During decision-making, the chair described amendments creating several special funds under DLNR, including a watershed biodiversity and wildfire risk reduction fund, an aquatic resources conservation fund, a coastal restoration fund, a cesspool conversion revolving loan fund, and a green fee special fund for remaining revenues, with recommended amounts discussed for some of the funds. The committees voted to pass HB 2618 with amendments. The hearing then moved to HB 1644, a consumer protection measure for residential solar sales that would require compliance with consumer protection laws, licensing or contractor affiliation for sellers, and a standardized disclosure form. Testimony in support came from the Hawaii Green Infrastructure Authority, DCCA’s Office of Consumer Protection, Kauai Island Utility Cooperative, the Hawaii Solar Energy Association, and several solar companies and individuals. Supporters said the bill would address complaints about third-party sales practices and improve disclosure, especially around financing. The committee then began hearing HB 2243, which would require electric utilities to provide public, electronic customer bill impact analyses and annual reports to the Public Utilities Commission; the Division of Consumer Advocacy and the PUC offered comments supporting the measure’s intent.

Transcript Highlights:

• And this seems to be a good investment in spite of the tight budget that we have.
• But I'm struggling as to why this would be considered a $10 million budget.
• So at the end of the day, it gets marginalized a little bit in terms of the budget.
• I understand, but we have a $2 billion deficit in our budget.
• I understand, but we have a $2 billion deficit in our budget.

Keywords: 959, house, all

Summary: The Committee on Higher Education and Workforce Development heard House Bill 3359, presented by Rep. Travis Wilson on behalf of Rep. Riggs. The bill would create a state income tax credit for donations to school robotics/STEAM programs, including cash, equipment, software, materials, curriculum, and employee volunteer hours, beginning with the 2027 tax year. The credit would be 20% of the donation value, capped at $10 million annually, with a six-year sunset. Committee members raised questions about whether the credit applies to individuals or businesses, how volunteer hours would be valued and limited, whether the Department of Elementary and Secondary Education or the Department of Economic Development would administer reporting, and whether the 20% rate should be higher. Several members also questioned the fiscal note and the impact on a tight state budget. The main witness in support was Sarah Waldron, an 18-year-old Westminster Christian Academy senior and robotics team leader who said she wrote the bill. She argued that robotics programs are expensive, that private investment is needed to improve workforce readiness, and that the bill would help schools in both urban and rural areas. She clarified that the volunteer-hours provision was intended for business employees, not general individual volunteerism, and said the bill could be amended to add guardrails and better target under-resourced schools, including a possible tiered credit based on free-and-reduced-lunch percentages. Committee members praised her initiative and testimony. One witness testified in opposition, State Public Advocate Arne C. Dinoff, who said robotics is worthwhile but the state cannot afford another tax credit given the budget deficit and the cumulative cost of tax credit programs. He objected particularly to subsidizing volunteerism and said schools should support robotics locally rather than through a state tax credit. No vote was taken; the hearing was closed and the committee adjourned after testimony.

Transcript Highlights:

• This hearing will focus on both the CSU and the library budgets, the State Library budgets.
• As far as what the budget approval and what gets budgeted and what the final language in the budget is
• , could... ...budget approval and what gets budgeted and what the final language in the budget is, could
• The budget was a first salvo.
• The budget maintains the statewide efficiency reductions included in the 2024 Budget Act.

Summary: The Assembly Budget Subcommittee on Education Finance met to review CSU and State Library budget issues, enrollment trends, the Capital Fellows program, and a Title IX update. Chair David Alvarez opened by stressing that CSU faces serious financial pressure, including a systemwide deficit and proposed cuts that he and several members said were too large and likely to harm access, course offerings, and student services. Public comment focused heavily on the Braille Institute Library, with patrons, staff, veterans, and advocates urging restoration of funding and warning that the proposed cut would severely affect blind and visually impaired Californians across Southern California. Several CSU faculty, staff, and union representatives also opposed the proposed reductions and warned of larger class sizes, fewer sections, and layoffs. On the CSU core operations item, the Department of Finance explained the Governor’s proposal to reduce ongoing General Fund support by about $375 million and defer a 5% base increase, while the LAO said CSU core funding would be roughly flat once tuition and targeted augmentations were considered, but warned that rising costs and prior shortfalls would still force campuses to cut spending. CSU’s Chancellor’s Office said the proposed cut would deepen existing problems, citing prior-year budget gaps, job losses, reduced course sections, and student-service reductions. Members pressed Finance and the LAO on whether cuts could be made more surgically, especially at the Chancellor’s Office or in institutional support rather than in instruction, and the LAO said the Legislature has flexibility to target cuts more specifically. CSU also described ongoing consolidation efforts, including shared services among campuses and the planned Cal Maritime/Cal Poly San Luis Obispo integration, while cautioning that savings are not yet fully known. The committee then discussed CSU enrollment. The LAO recommended holding enrollment targets flat because the budget does not add new funding, while CSU reported strong recent growth, including more California residents, record first-year enrollment, and expanded direct admissions and transfer pathways. Members questioned why some campuses with high demand turn away many applicants while others continue to lose enrollment, and CSU said it is shifting resources from campuses with sustained declines to those with demand, using a 10% below-target threshold. The committee also discussed whether enrollment declines mirror local population trends, how to improve marketing and program alignment, and whether lessons from Cal Poly Humboldt’s conversion could inform other campuses such as Sonoma State. The Capital Fellows item drew a Finance proposal for a salary increase and an LAO counterproposal for a smaller raise plus future COLA language; the committee kept the item open. Finally, CSU reported progress on Title IX compliance, saying it has completed most State Auditor recommendations, expanded civil rights staffing, and increased training, prevention, and case-management efforts, though members asked how proposed budget cuts might affect those services.

Transcript Highlights:

• budget window of 2024-25, 2025-26, and the budget year.
• So within the three-year budget window, the Governor's budget projects that the minimum guarantee will
• And then third, the Governor's budget doesn't commit all of the new funding in the budget to ongoing
• in the 2025 Budget Act.
• These amounts are the only outstanding deferrals as of the Governor's budget, but the Governor's budget

Summary: The Assembly Budget Subcommittee on Education Finance held its first hearing of the year on Proposition 98, focusing on the Governor’s budget estimates for the three-year budget window, the Public School System Stabilization Account (PSSA), and repayment of education deferrals. The Department of Finance said the minimum guarantee would rise by about $21.7 billion over the 2025 Budget Act, with increases in each year, full repayment of the existing settle-up obligation in 2024-25, a new $5.6 billion settle-up obligation proposed for 2025-26, and a higher guarantee in 2026-27. Finance also noted revised downward estimates for transitional kindergarten attendance and Los Angeles County property tax reimbursements, and said community colleges would be funded above the split because of enrollment growth. The Legislative Analyst’s Office emphasized fiscal risk and volatility, warning that recent revenue gains are tied heavily to the stock market and tech sector and could reverse quickly. The LAO argued the Governor’s proposed $5.6 billion delay shifts risk into future years and recommended instead fully funding the current estimate, making a larger reserve deposit, considering advance payments or pension-related uses, and finding additional non-Prop 98 solutions to reduce the state’s structural deficit. On the reserve and deferral items, Finance described revised PSSA deposits and withdrawals that would leave about $4.1 billion in the reserve by 2026-27, and both Finance and the LAO supported paying off the remaining LCFF and SCFF deferrals as good fiscal practice. Committee members questioned the size of the settle-up amount, the degree of revenue volatility, the use of the reserve, and the ongoing K-12/community college split. Finance said the proposal is meant to avoid overappropriation if revenues fall, while the LAO said a buffer of roughly $3.5 billion would address typical forecasting risk. Public commenters, including school boards, county offices of education, teachers, and advocacy groups, largely opposed the $5.6 billion withholding or settle-up delay, calling it a manipulation of Prop. 98 and urging full funding and more stable revenue solutions. Several speakers also urged dedicated funding for students experiencing homelessness. The hearing ended with no vote, and the chair announced that broader program discussions would occur in later hearings.