Video & Transcript : 'inflation impacts' :
Page 65 of 500
CA
California 2025-2026 Regular Session
Assembly Elections Committee Apr 30th, 2025
Transcript Highlights:
- CACEO respectfully opposes AB 1188 due to the impacts on the petition review process.
- So while I do have some serious reservations with the provisions of this bill, given its likely impact
- We're also concerned about tying this threshold to inflation.
- Those bills have been in effect for just four months now, and we need to allow time to see the impact
- So for the purpose of this committee's consideration of this bill, I'm focused on the impact on county
Summary:
The Assembly Elections Committee met on April 30, 2025, beginning as a subcommittee until a quorum was established. The committee first approved six bills on consent, including AB 950, AB 953, AB 1214, and three committee bills. It then heard several measures dealing with election administration, ballot transparency, and campaign finance, with most authors accepting committee amendments and several bills being held on call for absent members.
AB 930 by Assembly Member Ward would extend the deadline for counting timely postmarked vote-by-mail ballots from three to seven days after Election Day and update recount procedures, including online posting of recount results and clearer rules for recount requests. The bill was supported by county election officials and passed out of committee with a due-pass recommendation, though it was initially held on call. AB 459 by Assembly Member DeMaio proposed allowing electronic signatures for initiatives, referenda, and recalls; the Secretary of State and labor groups opposed it over security, implementation, and cost concerns, and the committee ultimately rejected the bill after reconsideration. AB 699 by Assembly Member Stephanie would change how local tiered tax and bond measures are described on ballots by allowing more detail to be placed in the voter guide; housing, school, and local government groups supported it, while taxpayer and realtor groups opposed it as reducing ballot transparency. AB 1188, presented on behalf of Assembly Member Ortega, would list the top three funders supporting and opposing statewide initiatives and referenda directly on the ballot; transparency advocates and labor supported it, while county election officials and business groups raised concerns about ballot length and processing costs. Both AB 699 and AB 1188 passed out of committee with amendments and were held on call.
The committee also heard AB 827 by Assembly Member Berman, which would standardize and extend the deadline for curing vote-by-mail signature problems, add a link to cure forms in ballot-tracking notifications, and make other changes to improve ballot curing. It drew no opposition in the hearing and passed with a due-pass recommendation. AB 351 by Assembly Member McKenna would raise the Levine Act contribution threshold for local officials to $1,500 and add CPI adjustments; supporters said it would reduce administrative burdens and reflect modern campaign finance realities, while good-government groups and the League of Women Voters opposed it as weakening anti-corruption protections. The committee initially failed AB 351, then granted reconsideration, but the transcript ends before a final disposition is clearly completed. Finally, AB 1079 by Assembly Member Farías would eliminate the automatic appellate stay in California Voting Rights Act and Fair Maps Act cases; it was supported as a way to prevent delayed remedies in voting rights cases, opposed by the City of Santa Monica over impacts on ongoing litigation, and passed with amendments. After taking up the held items, the committee recorded final votes on the bills, including passage of AB 930, AB 699, AB 1188, AB 827, and AB 1079, and rejection of AB 459.
TX
Transcript Highlights:
- reduce peak electric demand by shifting heating and cooling loads, which have the most significant impact
- For contracts under $1 million, this restriction often presents challenges due to inflation. supply chain
- You're more susceptible to inflation, hitting these projects, which means you often have to go back to
- It's not going to decrease any oversight or transparency; it's merely taking into account inflation.
- It's crucial that we consider the impacts of such proposals and have a solution that adequately addresses
Bills:
HB386 , HB1449 , HB1701 , HB2142 , HB2675 , HB2857 , HB3063 , HB3171 , HB3641 , HB3732 , HB4045 , HB4370 , HB4491 , HB4505 , HB4626 , HB5267 , HB5356
Committee:
House Intergovernmental Affairs
Keywords:
construction contracts, change orders, local government, budget limits, Texas legislation, HB 1449, mobile food vendors, food trucks, mobile food service establishments, permits, county health permit, municipal permitting, Health and Safety Code Chapter 437A, Chapter 437, inspection agreements, permit reciprocity, fee cap, preemption, large counties, population over one million
ID
Idaho 2026 Regular Session
Mar 10th, 2026
Transcript Highlights:
- The first is an ongoing dedicated fund request for general inflation adjustments for utilities and computer
- Maybe we could have the Secretary of State come up and just tell us what exactly the impact would be
- I guess the question was how that 2% would impact the office. Go ahead, please. Good morning.
- To do this will impact our staffing and our ability to process these filings, as well as, you're all
- It's going to impact us greatly. As I shared in my response to your letter, Mr.
Summary:
The committee first considered Idaho Transportation Department budgets. It approved additional dedicated and federal funding for Transportation Services, Division of Motor Vehicles, Highway Operations, and Contract Construction and Right-of-Way Acquisition, including money for deferred maintenance, airfield improvements, replacement items, IT hardware, roadside tree removal, highway operations, and a capital transfer for right-of-way and construction. The committee also adopted several pieces of language, including reappropriation authority and accounting-correction language for ITD, and all of these items received due pass recommendations.
The Department of Agriculture budget was then reviewed. The committee approved a FY 2026 supplemental for invasive species/quagga mussel treatment and a separate deficiency appropriation for pest monitoring and control. It also approved FY 2027 enhancement funding for replacement items and IT hardware, along with reappropriation language for the Resilient Food Systems Grant. The State Liquor Division budget followed, and the committee approved funding for inflation adjustments, replacement items, and IT/security equipment, but rejected proposed language directing the division to report on energy and utility rebates after the Senate failed to support it.
Next, the committee took up the Secretary of State’s budget. Members debated a substitute motion that would have reduced the office’s base budget and added a voter pamphlet appropriation, but that substitute failed. The original motion then passed, funding a one-time voter pamphlet appropriation and an internal personnel transfer, while leaving out the office’s IT replacement request. The Secretary of State testified that additional cuts would slow business filings and election-related work, noting the office had already absorbed a significant rescission.
Finally, the Office of the State Public Defender budget was considered. The committee approved funding for six additional trial attorney positions, data migration and storage, ITS replacement items, and health benefit costs, with the agency explaining that its recent transition and high fill rate made the standard health-benefit calculation inaccurate. The meeting concluded with notice of the next day’s budget-setting agenda and adjournment.
NH
Transcript Highlights:
- </c> budget not only didn't have an inflation budget not only didn't have an inflation adjustment<00:
- </c> adjustment which inflation from the adjustment which inflation from the previous<00:16:01.040><c
- Still not inflation adjusted.
- </c><02:00:30.320><c> this</c> number because CO has impacted this number because CO has impacted this
- </c> impact could be uh could be significant. impact could be uh could be significant.
Committee:
House Ways and Means
Summary:
The committee heard testimony on House Bill 1596, which would raise New Hampshire’s cigarette excise tax from $1.78 per pack to about $2.80, using an inflation-based adjustment since the rate was last set in 2008. Representative Jerry Stringham, the bill’s sponsor, said the measure would keep New Hampshire competitive with neighboring states, generate revenue, and help offset other budget pressures. He also described the bill as repealing an income-based premium charge in Medicaid/CHIP-related programs and restoring cuts to the University System of New Hampshire, arguing that the combined package would still leave the state in a positive fiscal position. He said the tobacco tax increase would likely have some cessation effect but would remain low relative to other New England states, and he cited prior testimony from health groups supporting a larger increase.
Members questioned the sponsor about how the new rate was calculated, the prior tobacco tax reduction and restoration, whether tobacco companies would absorb or pass on the tax, and the fiscal note’s estimates for Medicaid premium revenue and UNH funding. Stringham said he used Bureau of Labor Statistics inflation data, that the earlier 10-cent reduction did not produce the expected sales increase, and that the current bill would eliminate the premium charges now in the budget. He later clarified that the Department of Medicaid Services had updated the revenue estimate, but said the bill still showed a surplus overall. He also said the federal government already imposes a $1-per-pack tax and that New Hampshire would remain below neighboring states even after the increase.
Two public witnesses testified in opposition to the tax increase. Anna Bettincourt, a tobacco category manager, argued that higher tobacco taxes would unfairly target smokers, reduce New Hampshire’s tax advantage, and likely shift purchases to other states or illicit markets rather than reduce use. She said tobacco companies generally do not lower prices and that Massachusetts’ flavor restrictions had not eliminated sales. In response to questions, she maintained that a smaller increase would still be harmful and that enforcement problems make bans ineffective. The sponsor and some members countered that smokers impose higher health costs and that tobacco taxes are a policy tool for both revenue and public health. No vote or final committee action was taken in the portion of the meeting provided.
MN
Minnesota 2025-2026 Regular Session
Human Committee Meeting - 2025-04-09
Human Services Finance and Policy
Transcript Highlights:
- Turning to page 12, line 693, is the House position on DWR's inflation adjustment, which is to chain
- The impact of this delay is felt by their families and our communities.
- This impacts the children themselves.
- Some estimates show this could impact upwards of 3,000 people in Minnesota.
- We're so grateful for the committee's support of Minnesota families impacted by dementia.
Bills:
HF2434
Committee:
House Human Services Finance and Policy
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, February 25, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- These aren't just talking points; they're rural road impacts. Take Kansas City, for example.
- </c><00:25:21.440><c> Take</c><00:25:22.080><c> Kansas</c> they're rural road impacts.
- Take Kansas they're rural road impacts.
- Utility bills overall have increased at double the rate of inflation.
- </c> a lasting and meaningful social impact. a lasting and meaningful social impact.
Bills:
HB4758
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 19th, 2025
Transcript Highlights:
- , reducing climate impacts, and disadvantaged communities. ...of climate impacts, reducing climate impacts
- Okay, but no impact on projects, right?
- So that has a positive impact on the fund condition.
- How are the LA fires impacting generation of hazardous waste?
- We're seeing positive impacts on that front as well.
Summary:
The subcommittee heard presentations on the administration’s Proposition 4 spending plans for extreme heat mitigation and outdoor access, then took up SB 54 implementation, SB 707 textile producer responsibility, and recovery needs related to the Los Angeles fires at state parks. For the extreme heat chapter, agencies described funding for the Extreme Heat and Community Resilience Program, urban greening, urban forestry, fairground upgrades, and technical assistance for community-based climate programs. Witnesses emphasized that these are existing programs with strong demand, that technical assistance is important for reaching disadvantaged and tribal communities, and that the proposed funding would expand outreach and implementation capacity. Members asked for more detail on where funds have gone geographically, examples of successful projects, tree-planting totals, and how fairgrounds could better support fire staging and emergency preparedness. The LAO said the timing of the administration’s proposed funding generally made sense because the programs are already established, and no votes were taken.
For outdoor access, State Parks, Fish and Wildlife, and Natural Resources described funding for new parks in underserved communities, deferred maintenance, state lands access, and several new or pending programs. State Parks said the park development program would fund roughly 48 projects and that deferred maintenance funding would address high-priority health, safety, and access needs. Fish and Wildlife said its lands program would improve visitor amenities and access on properties that often lack basic facilities. The Natural Resources Agency also outlined three newer outdoor-access proposals: expanding recreation in disadvantaged communities, enhancing natural resource values and trail access, and a nature/climate/education facilities grant program. The LAO distinguished between existing programs, which are ready to move forward, and the newer proposals, where the Legislature may want more input before funds are allocated. Members also raised concerns about park police vacancies, the need to track outcomes for accessibility investments, and whether Prop. 4 could help with wildfire-related recovery at state parks.
CalRecycle then presented on SB 54, the plastics and packaging producer responsibility law, and members pressed hard on the delay in regulations. CalRecycle said it has held workshops, formed an advisory committee, selected the producer responsibility organization, and completed required baseline and covered-material reports, but needs more time to address complex comments and novel features such as source reduction and eco-modulated fees. Members expressed frustration that a statutory deadline was missed and asked for a concrete timeline; CalRecycle said it expects regulations in place by 2026, ahead of the PRO’s January 1, 2027 plan deadline. Finance said the Beverage Container Recycling Fund is currently healthy enough to support short-term loans for implementation. The committee also reviewed SB 707, the textile EPR law, which would create the nation’s first textile producer responsibility program; staff said the proposal would add positions and loan authority, and members noted the statutory deadlines for PRO approval, needs assessment, and later regulations. The hearing ended with discussion of the January Los Angeles fires’ damage to Topanga State Park and Will Rogers State Historic Park, where State Parks described extensive losses, emergency response work, and ongoing damage assessment. Members asked about FEMA eligibility, state funding sources, and community engagement in rebuilding, and the department said it is still assessing costs and will work with the public on reimagining the parks.
WA
Washington 2025-2026 Regular Session
Joint Transportation Committee Jun 23rd, 2026 at 09:00 am
Transportation
Transcript Highlights:
- And you can see that there's a 26% impact.
- We saw the same lasting impacts.
- We saw the same lasting impacts.
- So we, but we've also used it when people are calling same lasting impacts.
- So the other major impact is media.
Committees:
Joint Transportation , Joint Joint Transportation Committee
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, April 29, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- </c><00:28:05.679><c> costs</c> the Trump tariffs have inflated costs the Trump tariffs have inflated
- </c> border, cutting inflation, restoring border, cutting inflation, restoring American<00:33:45.760>
- You're suffering from from inflation.
- They impact every states copy as well.
- impact of our<09:25:22.080><c> faith.
Keywords:
Glen Canyon, National Park Service, environmental regulation, motor vehicles, congressional disapproval, sodium nitrite, poisoning prevention, consumer product safety, banned hazardous product, youth poisoning, public health, toxic chemicals, online sales, retail regulation, industrial chemicals, food additives, meat curing, poultry products, egg products, FDA
TX
Texas 89th Regular
Senate Committee on Health and Human Services (Part II) Mar 5th, 2025
Health & Human Services
Transcript Highlights:
- subdivisions like Burleson to make predictable pricing adjustments annually based on the Medicare Ambulance Inflation
- I have numerous patient examples that demonstrate how this negatively impacts patients' cancer experience
- Will this impact PBM profits?
- Would it impact the employer? Absolutely.
- I agree with you right there with property taxes, and I think inflation and the cost of goods sold, whether
Committee:
Senate Health & Human Services
WA
Transcript Highlights:
- The fiscal impacts for revenue are still indeterminate.
- There is no Department of Revenue expenditure impact.
- This impact is indeterminate.
- You know, either that or who is this most impacting?
- It does not allow for proper impact planning.
Bills:
SB5808 , HB2254 , HB2385 , SB6006 , SB6351 , SB6198 , SB6260 , SB6353 , SB5949 , SB6129 , SB6228 , SB6231 , SB6229 , SB6173
Committee:
Senate Ways & Means
Keywords:
health insurance, premium assistance, funding, healthcare access, state budget, HB 2254, Washington, Health Care Authority, partnership access line, psychiatric consultation line, first approach skills training, behavioral health, mental health, assessment, administrative costs, health carriers, self-funded plans, multiple employer welfare arrangement, MEWA, employers
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/07/2025)
Transcript Highlights:
- </c><00:43:24.119><c> to</c> that to mitigate that uh the impact to that to mitigate that uh the impact
- </c> least environmentally impacting least environmentally impacting principle<01:37:33.760><c> to</c
- uh impacts the factor um visual impacts uh impacts the property<01:57:34.880><c> values</c><01:57:35.480
- impacts um property values uh business impacts um Recreation<02:04:31.960><c> and</c><02:04:32.400><
- Is there a general fund impact? No general fund impact. Okay. All right. Shall we? Anybody want to?
Summary:
The committee heard a presentation from the Department of Environmental Services on proposed changes in House Bill 2 and related technical changes in House Bill 1 tied to the governor’s permitting realignment initiative. The proposal would move environmental review staff from Fish and Game and DNCR to DES to create a more centralized “one-stop shop” for applicants needing DES permits, especially for wildlife and natural heritage reviews. DES said the goal is to speed permitting, support a 60-day review clock, and improve coordination among agencies while keeping the substantive review work in place.
Members asked about staffing impacts, the scope of the transferred duties, and whether the change would create redundancy or weaken the other agencies. DES said most of the affected staff work primarily on these reviews, though Fish and Game staff also handle other state and federal reviews, which is why the proposal was adjusted to keep one of the four Fish and Game positions there and move three to DES, along with two positions from DNCR. DES also described a new supervisory position in HB 2 to manage the transferred staff within its land resources bureau. Officials said the reviews would still be done by specialists, but under DES supervision, and that the agencies would continue to coordinate recommendations on species impacts and mitigation.
The committee also discussed fee increases intended to offset costs, including a 50% increase in wetlands fees and a 100% increase in alteration-of-terrain fees, with the department saying the changes would cover the new positions. Members raised concerns about impacts on private homeowners, possible incentives to work without permits, and whether fines should be used more as a revenue source or for mitigation. DES said wetlands permits are roughly split between homeowner-related and commercial projects, that permit-by-notification already creates a two-tier structure for smaller projects, and that enforcement relies partly on public complaints and online permitting systems. The department also said most fines currently go to the general fund and vary widely year to year, with about $75,000 budgeted, and that the proposal would also create permit-by-notification authority for alteration-of-terrain projects between 100,000 and 150,000 square feet, mirroring language in Senate Bill 110. No vote or final committee action was taken in the portion provided.
MN
Transcript Highlights:
- </c><00:18:27.120><c> of</c><00:18:27.320><c> priority</c> evaluating the impact of priority evaluating
- the impact of priority admissions<00:18:28.240><c> law</c><00:18:28.600><c> and</c><00:18:28.880><c>
- of the new framework um that was impact of the new framework um that was implemented<00:21:14.840><c
- We're going to see the impact of these navigators so that people aren't going back into jail over and
- Got a hunch that Minnesota is artificially inflating the price in many cases unnecessarily.
Committee:
Senate Human Services
FL
Florida 2026 Regular Session
Senate in Special Session E May 29th, 2026
Florida Senate Floor Meeting
Transcript Highlights:
- , or have we perhaps just put an across-the-board rate increase, not tied to inflation?
- of that could be or what the provider impact will be.
- As population grows, inflation remains, this is the only way to truly move forward. Thank you, Mr.
- As population grows, inflation remains, this is the only way to truly move forward.
- This is a broad-based tax relief package that positively impacts taxpayers, homestead property owners
Summary:
The Senate convened with prayer and the Pledge of Allegiance, then moved to the conference report on House Bill 501E, the General Appropriations Act for fiscal year 2026-27. Budget chairs presented the major spending areas, describing a $114.5 billion overall budget that they said was fiscally responsible and below the prior year’s spending. Highlights included pay increases and retirement adjustments for public safety employees, education funding for K-12, higher education, health and human services, criminal justice, transportation, environmental programs, and agriculture/regulatory agencies.
Members then questioned chairs on several items. In education, senators discussed K-12 declining enrollment funding, teacher salary set-asides, private school scholarship spending, mental health funding, preeminence funding for universities, the Hamilton Center at UF, and charter school PICO funding. In health and human services, questions focused on the iBudget waiver waitlist, provider rates, ADAP/HIV funding and the return of Biktarvy to the formulary, KidCare, rural health funding, SNAP-related IT and error reduction efforts, and the IDD managed care program. In criminal justice, senators asked about correctional officer pay, prison staffing and infrastructure, air conditioning in prisons, juvenile justice facilities, law enforcement recruitment, and court system funding. Environmental and transportation questions covered Florida Forever, water quality, state parks, water projects, housing, elections funding, and emergency management.
Several specific actions and explanations were given during debate: the budget includes $8.8 million for state attorney competitive area differentials but no funding for public defender CAD requests; assistant state attorneys will start at $70,000 and assistant public defenders at $65,000; the battery disposal issue was described as a temporary study/preemption approach; and the Senate said the budget does not fund Medicaid expansion, preeminence funding, or the SunBucks Summer EBT state share. Senators also noted that some proposals discussed in committee did not make it into the final budget. The transcript ends with debate statements from members praising the budget process and Chair Hooper, while also expressing concerns about public schools, health care access, affordability, and the lack of funding for certain priorities.
WY
Wyoming 2026 Regular Session
House Floor Session-Day 11, February 21, 2026-PM
Wyoming House Floor Meeting
Transcript Highlights:
- /c><02:09:49.280><c> there</c><02:09:49.520><c> is</c> inflation rate and if there is inflation rate
- Theirs is impacted.
- Theirs is impacted. So plan as well. Theirs is impacted.
- You cannot chase inflation when it comes to paying out retirement benefits, because inflation happens
- </c><04:39:25.680><c> and</c> these could already have inflated and these could already have inflated
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 1 on Education Mar 5th, 2026
Transcript Highlights:
- But despite the declining federal support, UC impact continues to grow.
- UC impact continues to grow.
- The CSU's economic impact on California is massive.
- , the significant financial impacts that that's had on both the CSU and the UC.
- thrive and positively impact California's workforce and economy.
Summary:
The subcommittee heard opening remarks and updates from UC President James Milliken and CSU Chancellor Mildred Garcia on the state of higher education, including federal funding losses, civil rights/Title IX compliance, enrollment, housing, and budget needs. Both leaders emphasized the value of UC and CSU to California’s workforce, research, and economic mobility, while warning that federal grant cancellations, investigations, and changes to student aid are creating major financial and operational strain. UC reported losing or having at risk more than 1,600 grants and over $1 billion in research activity, while CSU said it had lost more than 200 grants totaling about $161 million, including minority-serving institution grants that affected student support programs. Both systems said they are investing in civil rights services and trying to limit the release of personally identifiable information in response to federal requests.
The committee then reviewed the higher education student housing grant program. Finance and Legislative Analyst’s Office staff said the governor’s budget does not include major new changes but continues support for the program. CSU reported 12 approved projects that will add about 5,047 beds, with roughly 75% below market rate, and said it has about 68,000 beds systemwide, a 92% occupancy rate, and ongoing housing insecurity among students. UC said its housing projects have added more than 7,000 beds when reduced-rent and regular-rent units are combined, but nearly 10,000 students were on housing wait lists at the start of fall 2025. Both systems described rapid rehousing efforts, emergency beds, and partnerships with community colleges, and UC noted several joint housing projects, including at Riverside, Merced, and Santa Cruz. Members discussed whether future housing bonds and use of surplus school sites could help expand capacity.
In the enrollment section, the LAO recommended maintaining UC’s 2026-27 resident undergraduate target, funding enrollment growth separately from base increases, pausing the nonresident reduction plan at the three highest-demand UC campuses, and holding UC enrollment flat in 2027-28. For CSU, the LAO recommended revising the 2026-27 enrollment expectation downward to reflect updated projections, while also funding enrollment growth separately and holding enrollment flat in 2027-28. CSU said it has rebounded from pandemic-era declines, is above its funded target by about 3,000 FTE, and is shifting about $89 million and 10,000 FTE from lower-demand campuses to higher-demand ones while developing turnaround plans for seven campuses with sustained enrollment declines, including Sonoma State. UC said it has already exceeded its compact enrollment goals and is planning continued growth, but that sustaining it depends on ongoing state support. Members raised concerns about campus-specific enrollment declines, nonresident caps at UC San Diego, and the need for stronger turnaround plans and teacher preparation pathways. The final section covered core operations and deferred payments: Finance said the governor proposes another one-year deferral of about $129.7 million for UC and $143.8 million for CSU, and the LAO recommended retiring the deferrals when one-time funds are available. CSU described rising compensation, financial aid, utilities, insurance, and deferred maintenance costs, and said it is pursuing cost-saving measures such as procurement alignment, campus integration, and shared administrative services.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jul 10th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- Just to give some context in terms of economic and community impact about why Cultural resources and
- This is more of that kind of real-world impact.
- Federal cuts are going to have an impact on those; it will be a matter of where.
- They had an O'Keeffe that was impacted, and they sent their conservator down.
- That is impacting the types of projects that are coming forward. This is what I mean.
ND
North Dakota 2026 1st Special Session
Legacy and Budget Stabilization Fund Advisory Board Mar 31st, 2026 at 11:00 am
Legacy and Budget Stabilization Fund Advisory Board
Transcript Highlights:
- So there really was an event impact to the market.
- Inflation has been subsiding.
- And we haven't seen really a direct impact yet from rigs being stacked. Okay.
- Client fund impact, incentive fees, savings, and excess...
- Client fund impact, incentive fees, savings, and excess return.
NY
New York 2025-2026 Regular Session
2026 Joint Budget Subcommittee on Higher Education - 03/18/2026
Transcript Highlights:
- New York's Tuition Assistance Program, or TAP, has not kept pace with inflation or rising tuition costs
- budget that exercises fiscal restraint and addresses the growing challenge of college affordability impacting
- NEW YORK'S TUITION ASSISTANCE PROGRAM OR TAP HAS NOT KEPT WITH INFLATION OR RISING TUITION COSTS SINCE
- BUDGET THAT EXERCISES FISCAL RESTRAINT AND ADDRESSES THE GROWING CHALLENGE OF COLLEGE AFFORDABILITY IMPACTING
Summary:
The Higher Education Conference Committee met to discuss budget priorities for SUNY, CUNY, community colleges, TAP, student aid, and capital funding. Chair Toby Ann Stavisky emphasized the need for increased operating and capital support, protection against enrollment-based funding losses, no tuition increases, a review of TAP because it has not kept pace with living costs, and action on student loan access and research funding cuts. Assembly Chair Alicia Hyndman outlined the Assembly’s higher education proposal, including $475.7 million to expand TAP eligibility, raising income thresholds for TAP and the Excelsior Scholarship, creating a graduate tuition assistance program, adding community college operating aid, expanding the Opportunity Promise Scholarship, forgiving SUNY hospital debt service, increasing CUNY operating support, restoring opportunity program funding, creating a $110 million student loan support program called New York Rises, and funding five-year capital plans for SUNY and CUNY plus additional ECAP grants.
Members broadly supported making higher education more affordable and accessible, while highlighting district-specific needs. Senator May praised SUNY Reconnect, community college workforce programs, hospital debt service relief, and a five-year SUNY capital plan. Senator Gonzalez framed the budget as an investment in economic mobility. Senator Griffo supported affordability, operating and capital aid, and additional support for medical schools and hospitals. Assembly Members Walker, Colton, and Fall backed TAP expansion, opportunity programs, disability supports, SUNY Downstate’s transformation, and capital needs at CUNY and SUNY campuses.
Assembly Member Smullen, speaking for the minority conference, urged a five-way budget process, said TAP has not kept pace with inflation, and called for a more stable long-term funding model for community colleges. He also stressed aligning higher education with workforce needs. Assembly Member Pirozzolo pointed to the College of Staten Island as an example of the benefits of investment and warned that employers recruiting students directly from high school could weaken higher education unless colleges continue strengthening trade and career training. The meeting ended with no vote on the budget items, and the chairs adjourned the conference committee after concluding remarks.
NY
New York 2025-2026 Regular Session
2026 Joint Budget Subcommittee on Human Services and Labor - 03/18/2026
Transcript Highlights:
- I don't see how raising spending by 10.8 percent when the rate of inflation is 2.4 percent contributes
- THE I DON'T SEE HOW RAISING SPENDING BY 10.8 PERCENT WHEN THE RATE OF INFLATION IS 2.4 PERCENT CONTRIBUTES
- School, which definitely impacts the affordability of those families and the affordability of the individuals
- Senate and the Assembly can continue to advocate for policy changes that will positively impact the ability
Summary:
The Human Services and Labor budget hearing opened with Senate and Assembly co-chairs introducing members and naming secretaries for the record. The agencies covered included Human Services, Labor, Temporary and Disability Assistance, Children and Family Services, Veterans Services, Human Rights, Workers’ Compensation, the Welfare Inspector General, and the Public Employment Relations Board. Members then gave brief statements on their priorities for the upcoming budget negotiations.
A major theme was affordability, with repeated discussion of child care, SNAP, housing, and worker supports. Senators and Assembly members highlighted the Senate and Assembly one-house proposals for a $500 million child care worker retention grant program, additional child care slots and subsidies, cost-of-living adjustments for human services workers, and expanded support for supportive housing, youth employment, HEAP, and energy affordability. Several members also emphasized food insecurity and SNAP-related issues, including funding to address payment errors, prevent penalties, expand SNAP education, and respond to expected federal changes.
Labor-related issues included workers’ compensation fraud, wage theft enforcement, workplace violence, temporary disability insurance reform, and the creation of dedicated enforcement funding for the Department of Labor. Some members supported using workers’ compensation assessments or insurance-company-related funding to pay for anti-fraud efforts, while others preferred grants to district attorneys or broader DOL enforcement. There was also discussion of occupational health clinics, labor standards in any SEQRA changes, and expanding access to doctors in the workers’ compensation system.
Veterans, child care, and public assistance fraud prevention were also discussed, including funding for veterans legal defense and mental health services, microchip/secure EBT cards to reduce skimming, and restoring or protecting various programs. No formal votes were taken; the hearing concluded with the chairs stating that the Senate, Assembly, and Executive would continue negotiations toward a final budget.