Transcript Highlights:

• Back to the Budget Stabilization Trust Fund for that.
• I want to talk about the Medicaid trust fund. I guess that's I-6.
• Medicaid trust fund, we passed this legislation to try to at least keep a grasp of where we were.
• She asked whether those factors are being considered in the trust fund projections.
• So the Medicaid trust fund is a compilation of many different funds.

Summary: The committee considered several appropriation and transfer requests, beginning with a $273,000 temporary appropriation for the Department of Labor and Licensing to cover administrative costs for its enterprise licensing platform, funded by license and application fees. It then reviewed two large Infrastructure Investment and Jobs Act requests: $280 million for the Department of Transportation for the final quarter of the fiscal year, and $195 million for the State Broadband Office to support the Arkansas BEAD broadband grant program, including an extra help position and grants to internet service providers. The broadband item drew extensive questions about awardees, contract amendments, accountability, build-out timelines, backup plans if providers default, the definition of broadband serviceable locations, and the cost per location. The State Broadband Director said no providers had requested amendments, the program would use milestone-based disbursements and a four-year build-out period, and the first tranche would serve 51,566 homes and businesses with $126.1 million in grants. Both Section B and Section C items were approved. In Section D, the committee approved a $458,000 transfer within the Department of Correction from the female work release program to the Tucker Unit water treatment plant, a $25 million transfer within the Department of Education to cover declining enrollment, teacher incentive, school recognition, and Easter Seals funding, and a $229,000 transfer for the Department of Shared Administrative Services to support two project management office positions. The education transfer prompted questions about how declining enrollment funding is calculated, how many districts receive it, and how long districts can continue to receive it; agency staff said 152 districts were on the preliminary list and the formula is based on the prior two-year average ADM compared with the previous year. The committee also gave favorable advice on a proposed $4.7 million loan for the Office of State Technology to implement ServiceNow and related IT modernization tools; agency officials said the loan would be repaid through cost recovery rates over five years and would replace an existing loan that is ending, with expected savings from consolidating applications but no precise savings estimate yet. The committee then reviewed cash fund and federal grant requests, including $200,000 for wage and hour claimant payments, $15 million for unclaimed property claims, $8,000 for a heritage program grant, and $1.1 million for a College and Career Coaches grant to expand services in rural districts. It also reviewed pay plan and budget manual items without objection. The most extensive report discussion focused on the Medicaid trust fund, where DHS and DFA officials said the balance has been declining and that the state may need to add capital back into the fund. Senators and representatives asked about the current balance, the projected year-end level, the role of the $100 million set-aside, the impact of outstanding Medicaid rules from the prior session, and whether future federal funding could help reduce long-term Medicaid costs. Officials said they are still working through more than 10 outstanding rules with CMS and do not yet have a final price tag for those changes. The meeting ended after the reports were reviewed and the committee adjourned.

Transcript Highlights:

• Pool taxes may be offset by interest earned on the trust fund.
• That the trust fund balance does not get too low. It kicks in before we get there.
• Now, I invoked the unemployment trust fund. The unemployment trust fund is administered by the VEC.
• VEC routinely monitors the balance of the trust fund.
• There was an infusion of cash, one-time funding, that was put into the trust fund.

Keywords: Commission on Unemployment Compensation, 976, house, all

Transcript Highlights:

• So can you explain to us where we are on the Emergency Management Trust Fund?
• and arbitration trust fund.
• There is no current balance in the trust fund, and that is the bill, members.
• and arbitration trust fund.
• There is no current balance in the trust fund, and that is the bill, members. Other amendments?

Summary: The Senate began with prayer and the Pledge of Allegiance, then moved into floor consideration of the 2026-2027 budget. Appropriations Chair Hooper presented Senate Bill 2500, describing a $115 billion budget that reduces overall spending from the prior year, maintains reserves, and includes a 3% pay raise for state employees and 5% raises for state law enforcement, firefighters, correctional officers, and park rangers. Committee chairs then outlined major spending in their areas, including K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and environmental and agricultural programs. Highlights included increased funding for school scholarships and safety, workforce and university programs, Medicaid and child welfare, corrections operations, affordable housing, rural communities, Everglades and water quality projects, and infrastructure. Members then asked detailed questions about several budget items. Senators sought clarification on the Emergency Management Trust Fund, arts and cultural grants, Florida Forever land acquisition versus conservation easements, teacher salaries, charter school capital outlay funding, EASE grants, New College funding, DOC inmate counts and reimbursement, lottery staffing, concealed weapons licensing positions, election security funding, iBudget waiver support, ADAP funding, Medicaid hospital rate reductions, and scholarship and enrollment supplements in K-12 education. Chairs explained that some reductions reflected technical shifts or right-sizing, that some funds were being moved below the line for better tracking, and that several items—such as ADAP and corrections operations—would likely remain conference issues with the House. After questions, the Senate substituted House bills for the budget and implementing measures and adopted amendments placing the Senate language onto the House vehicles to prepare for conference. The chamber passed the budget-related bills and several conforming measures, including bills on retirement, fuel taxes, the state agency law enforcement radio system, court trust funds, judgeships, and K-12 and higher education conforming changes. Votes on the major bills were overwhelmingly unanimous or near-unanimous, and the Senate repeatedly voted to accede to the House’s request for conference on the substituted bills.

Transcript Highlights:

• <00:06:50.560> Land were looking to take School Trust Land were looking to take School Trust
• million acres of School Trust and 1/2 million acres of School Trust Lands<00:07:18.960> that<00
• Uh the school trust is an energy<00:08:07.320> intergenerational<00:08:08.440> trust.
• That's how we plan out uh school trust That's how we plan out uh school trust land<00:08:25.120>
• >> $100,000 and the school trust >> $100,000 and the school trust distribution<00:14

Keywords: 1187, senate, all

Transcript Highlights:

• This is a budget stabilizing trust fund loan request.
• This is a budget stabilizing trust fund loan request.
• This is a budget stabilizing trust fund loan request.
• So the Medicaid trust fund is a compilation of many different funds.
• "If we need additional monies, that's when we use the trust fund.

Summary: The committee met with a quorum, opened with a prayer recognizing the death of Reverend Jesse Jackson, and then worked through a series of appropriation and transfer requests. In Section B, it approved a $273,000 temporary appropriation for the Department of Labor and Licensing. In Section C, it approved two Infrastructure Investment and Jobs Act requests: $280 million for the Department of Transportation and $195 million for the State Broadband Office to support Arkansas BEAD broadband grants, including an extra help position. Members questioned the broadband awards, provider amendments, buildout timelines, accountability, and the status of unawarded locations; the broadband director said no provider had requested speed changes, awards would be monitored with milestone-based payments, and remaining locations would be addressed later as federal guidance is received. The committee also approved transfers in Section D, including $458,000 for the Department of Correction, $25 million for Department of Education programs such as declining enrollment and teacher incentive funding, and $229,000 for Shared Administrative Services project management support. In Section E, the committee considered a $4.7 million budget stabilization trust fund loan for the Office of State Technology to implement ServiceNow and related IT modernization, cybersecurity, and governance tools. Members pressed agency officials on repayment, cost savings, and whether the loan would simply roll over existing costs; officials said repayment would come through agency rates over a five-year period and that the new payment would be lower than the current loan being retired. The committee voted to give favorable advice to the Governor on the loan request. In Section F, the committee reviewed cash fund requests for wage and hour claims, unclaimed property, and a heritage grant; in Section G, it reviewed a $1.1 million federal grant to expand college and career coaching in rural districts; in Section H, it reviewed pay plan and performance fund requests totaling millions across multiple agencies; and in Section I, it reviewed budget manual formatting changes. The latter part of the meeting focused on reports, especially the Medicaid trust fund. DHS and DFA officials reported the fund balance had declined from prior years and was down to about $394 million after seven months, with further decline expected by year-end. Senators and representatives asked about the appropriate reserve level, the impact of pending Medicaid rules and legislation, FMAP changes, and whether additional funding would be needed in the upcoming budget. Officials said projections are updated regularly, more than 10 rule packages remain pending with CMS, and the governor and legislative leaders will discuss additional capital needs during budget development. Members also discussed the importance of balancing Medicaid spending with new federal funding and maintaining flexibility for critical areas such as labor and delivery. The committee then adjourned without further action on the reports.

Transcript Highlights:

• Cecilia Rosacker, and she's with the Rio Grande Agricultural Land Trust.
• The land trust will have to expand their capacity.
• I'm a registered lobbyist for the Rio Grande Agricultural Land Trust.
• I'm the conservation director with the Santa Fe Conservation Trust.
• Mexico with the Taos Land Trust.

Bills: HB186, HB92, HJM1

Keywords: tax credit, land conservation, biodiversity, agricultural preservation, historic preservation, natural resources, open space, tax exemption, Social Security, income, retirement, financial relief, Taiwan, trade, technology, education, international relations, economic partnership, New Mexico, United States

Transcript Highlights:

• You have to build trust with that.
• <00:14:55.680> between relationship in building trust between relationship in building trust
• I'll always trust my relationships. I'll always trust my relationships.
• And also public trust.
• >> um we got to learn to respect and trust >> um we got to learn to respect and trust

Keywords: 1187, senate, all

Transcript Highlights:

• You either trust the people that elected you and me, trust the people that we represent, who elect the
• Oh, we better not trust that market.
• I trust our city councils.
• Do they trust the people that sent them down here to make decisions?
• I trust, Mr.

Bills: SB1290, SB1530, SB1847, HR1050, SB169, SB1377, SB1990, SB1991, SB1778, SB1579, SB1992, SB3, SB2028, SB1928, SB2127, SB2117, SB1439, SB1930, SB330, SB1191, SB2110, SB2134, SB2069, SB2095, SB1613, SB1246, SB1976, SB1346, SB1509, SB2071, SB259, SB1314

Keywords: 2-1-1 services, revolving fund, Department of Human Services, crisis pregnancy, abortion, legal funding, research funding, development rebate, Oklahoma Department of Commerce, tax incentives, higher education partnerships, Medicaid, ADvantage Waiver, home-based services, eligibility criteria, healthcare, senior services, Taiwan, Oklahoma, sister-state relationship

Transcript Highlights:

• education trust education trust fund<03:26:56.120> so<03:26:56.319> the<03:26:56.479
• into the uh education trust into the uh education trust fund<03:37:11.479> all<03:37:11.560
• general fund and the education trust general fund and the education trust fund<03:42:38.040>
• fund and part into the education trust fund and part into the education trust fund<03:46:35.399>
• It's a request from the Education Trust Fund, and it's related to education trust fund and it's related

Keywords: 928, house, all

Summary: The Finance Committee met to review Division One of a very large budget package, with the chair explaining that the budget was being analyzed in three divisions over multiple days. Members first discussed procedure, including when amendments and line-item votes would be taken, and agreed to proceed with the division’s presentation before questions. Representative Maguire then outlined the division’s approach as a series of tradeoffs to close a large budget gap, emphasizing cuts, some revenue changes, and a focus on overall spending levels as well as individual reductions. The presentation covered a wide range of agencies and policy areas. Major proposed changes included cuts or eliminations to several boards and commissions viewed as costly or duplicative, such as the Housing Appeals Board, Board of Tax and Land Appeals, Human Rights Commission, Commission on Aging, Office of the Child Advocate, and the Personnel Appeals Board, with some functions consolidated into other boards. The division also proposed back-of-the-budget cuts to the Information Technology Department, Judicial Branch, Justice Department, Retirement System, Corrections, and Environmental Services, along with fee increases in several areas. Other notable items included ending marketing for Paid Family Leave, reducing job advertising and tourism promotion, defunding the Arts Council, moving liquor enforcement functions out of the Liquor Commission, and shifting some funds such as the College Savings Commission money to Division Two. Several members questioned specific cuts, especially the elimination of the Council on Aging, the reduction in regional planning commission grants, and the large cut to tourism advertising. Maguire defended the choices as necessary budget tradeoffs, arguing that some programs duplicated work done elsewhere, that regional planning grants were not among the most essential items, and that tourism promotion was a form of spending he viewed skeptically. He also explained that the public defender’s budget was partially restored after a credible claim of a governor’s budget error, and that the committee would continue refining corrections-related cuts because the House was only halfway through the budget process and further changes could still occur in the Senate and conference committee.

Transcript Highlights:

• Pool taxes may be offset by interest earned on the trust fund.
• That the trust fund balance does not get too low. It kicks in before we get there.
• Now, I invoked the unemployment trust fund. The unemployment trust fund is administered by the VEC.
• VEC routinely monitors the balance of the trust fund.
• There was an infusion of one-time funding that was put into the trust fund.

Summary: The Commission on Unemployment Compensation met, established a quorum, and elected Delegate Destiny LeVere Bolling as chair and Senator Mike Jones as vice chair. The commission also adopted its electronic meeting policy and heard introductions from new members, staff, and officials from the Secretary of Labor’s office and the Virginia Employment Commission (VEC). Secretary Jessica Lumen outlined the administration’s workforce and labor priorities, including supporting workers, employers, and program transparency, while members raised concerns about business climate, job losses, labor participation, and the implementation of paid family and medical leave. Staff provided legislative updates on recent unemployment-related bills. These included increases to the weekly unemployment benefit amount enacted in 2025 and 2026, a bill on labor dispute disqualification that changed how lockouts are treated for benefit eligibility, and a budget item providing $75,000 for actuarial support to the commission. The commission also discussed the 2025 work group on annual adjustments to weekly benefit amounts; staff reported that the work group did not complete its charge, and members agreed to revisit whether to reconstitute it at a future meeting. Delegate Martinez expressed support for continuing the work, and the chair said the issue would be taken up at the next meeting. Deputy Commissioner Joanna Darkus gave a detailed presentation on Virginia’s unemployment insurance system, including current claims data, eligibility rules, employer tax structure, benefit levels, trust fund solvency, fraud prevention, and customer service operations. She reported that Virginia’s unemployment rate remains low, weekly claims are modest, the current weekly benefit range is $160 to $478, and the trust fund balance factor is projected at 50.9 percent, near the threshold for additional employer charges. Members asked about the taxable wage base, trust fund solvency, the effect of benefit increases, fraud controls, and the planned paid family and medical leave program. VEC said it is implementing that program through regulations, staffing, IT procurement, public listening sessions, and consultation with other states. A public commenter from the Virginia Poverty Law Center urged the commission to strengthen state investment in unemployment insurance and warned that federal support is uncertain. The commission then adjourned without taking further action.

Transcript Highlights:

• So, HB 109 removes the need for the legislature to authorize water trust for...
• The Water Trust Board of... Right.
• Back in 2017, our distribution to the Water Trust Board was zero.
• The Water Trust Board currently opens its applications in July.
• I trust the judgment of the board.

Keywords: 996, all

Transcript Highlights:

• So we could lease out state trust land and bring that revenue to trust beneficiaries.
• So we could lease out state trust land and bring that revenue to trust beneficiaries.
• fair market value for trust beneficiaries, as well as to consider the highest and best use of trust
• If there are projects adjacent to those trust lands, it has implications for those trust lands and also
• the trust pore space.

Summary: The committee held an interim work session focused first on carbon capture, utilization, and sequestration (CCUS), then on hazardous waste and extended producer responsibility (EPR). On the CCUS topic, industry and nonprofit presenters described point-source capture, direct air capture, mineralization, and geologic sequestration, emphasizing Washington’s basalt formations and state trust lands as strong candidates for storage. They argued that CCUS can help hard-to-abate industrial sectors, support jobs and investment, and provide a pathway for compliance, while also noting the need for clearer permitting, subsurface rights, pipeline authority, and storage infrastructure. Ecology and Commerce staff explained current state policy touchpoints, including Cap-and-Invest offsets and exemptions for permanently stored CO2, the public comment process underway to define “thousand-year” permanence, and how CCUS might fit within the Clean Energy Transformation Act without counting emitting generation as non-emitting. Some presenters supported more state action and primacy over federal permitting, while others warned about costs, energy use, uncertain capture performance, and the need to ensure real net greenhouse gas reductions and long-term liability protections. Members asked about public meetings, whether mineralized carbon would qualify as exempt under the Climate Commitment Act, the timeline for Ecology guidance, aquifer and water-quality concerns, energy intensity of capture systems, and liability if storage later proves problematic. Responses said Ecology’s guidance process is already underway, public meetings will be virtual, mineralized carbon would likely qualify if it meets the permanence standard, and EPA rules require storage in deep saline formations below drinking water aquifers. Industry speakers said capture energy use varies by source and concentration, and one presenter noted that some states use trust funds funded by injectors to address long-term liability. The second half of the session shifted to hazardous waste and EPR. Ecology staff reviewed existing product stewardship programs for electronics, paint, batteries, and mercury lights, and described moderate risk waste and household hazardous waste management in Washington. They highlighted that E-Cycle and PaintCare are producer-funded, that the battery stewardship program will begin in 2027, and that the mercury lamp program is in transition after its prior stewardship organization exited, prompting enforcement notices and a pending replacement plan. Ecology recommended best practices for future EPR programs, including clear producer and product definitions, full producer funding, convenience standards, annual reporting, and strong agency enforcement and plan approval authority. Local government speakers from King County and Douglas County described rising collection costs, equity and access barriers, rural travel distances, and the need for stable funding and flexible local implementation. King County said it collected over 3 million pounds of hazardous products in 2025 and supports EPR as a way to shift costs from ratepayers to producers, while Douglas County emphasized that rural residents will participate when services are accessible and that future systems should account for geography and local infrastructure.

Transcript Highlights:

• in the cancer trust, while more than 200 are not in the trust at all.
• trust are not interchangeable.
• The trust continues to add members. The Cancer Trust delivers fast, reliable...
• Either way is why the trust was created. I mean... is why the trust was created.
• Trust... Trust benefits kick in upon a firefighter's diagnosis.

Keywords: 981, all

Transcript Highlights:

• I'm happy to walk through some of the Water Trust Board activities.
• So the Water Trust Board was created back in 2001.
• It's held within the Finance Authority, and then there is a water trust fund that's managed as a trust
• And then 13, the Water Trust Board awards by county.
• Trust me, you might want to keep calculating then.

Transcript Highlights:

• <03:43:07.840> fund, on adequate not just in the trust fund, on adequate not just in the trust
• in the trust fund. Okay. in the trust fund. Okay.
• trust fund, in the trust fund, out of the trust fund, in the trust fund, out of the trust fund.
• trust fund, in the trust fund, out of the trust fund, in the trust fund, out of the trust fund.
• <04:21:13.760> fund the remaining education trust fund the remaining education trust fund

Keywords: 928, house, all

Summary: The committee met with Lottery Director Charlie McIntyre and Charitable Gaming Chief Compliance Officer Kulie Aoyo to review proposed changes in HB 2 and related amendments affecting video lottery terminals, historic horse racing, charitable gaming, and scratch tickets. McIntyre said the late-arriving amendment made revenue estimates difficult, especially because the bill would allow operators to decide when to convert from HHR to VLTs and would change the floor-space rules. He explained that the existing 70/30 floor-space split between machines and table games was negotiated to protect charity revenue, and warned that moving to a 90/10 split could reduce charity revenue, potentially by as much as $17 million, while also changing the character of the facilities. Committee members discussed whether to keep the 70/30 split, and McIntyre said he could provide updated estimates later that day, including net impacts after any offsetting gains or losses under current law. Members also asked about the governor’s proposed operator share versus the Sweeney amendment’s higher operator share. McIntyre said the governor’s 45% figure was based on his own estimate and on comparable rates in other states, and he supported it as a way to maximize revenue for the state and charities. He also described a change to high-stakes tournaments: after speaking with Rep. Sweeney, he said the amendment was clarified to apply only to those tournaments and would lower the house take from 10% to 5% to encourage participation in rare, high-buy-in events. The committee also discussed a separate proposal to raise the maximum scratch ticket price from $30 to $50; McIntyre said the change would take time to implement, would likely increase net state revenue by about $1 million in year two, and was consistent with pricing in neighboring states such as Massachusetts and Connecticut. Additional questions covered sports betting and a separate Kino-related estimate. McIntyre said March Madness is the busiest period for sports betting and that the state’s sports betting revenue has exceeded initial expectations. He also said he had estimated that removing a municipal-vote restriction for Kino could cost about $12 million total, with $2 million in the first year and $10 million thereafter. No formal votes were taken during the discussion; the chair indicated the committee would revisit the VLT amendment and other sections later, and McIntyre agreed to send updated revenue estimates to committee members.

Transcript Highlights:

• I always trust in you.”
• But I can't get around the fact that we're talking about trusting our constituents, trusting the voters
• And that trust is a two-way street. They are trusting us.
• A trust fund that doesn't exist. A trust fund with no dedicated revenue source.
• Once we cut taxes, we did away with the trust fund, and I think that's good because it was a trust fund

Summary: The Senate took up Committee Substitute for Senate Joint Resolution 2F, a proposed constitutional amendment on property tax reform. The measure would increase the homestead exemption in stages, lower the assessment cap on non-homestead property from 10% to 5%, and limit county and municipal ad valorem tax revenues to specified uses such as public safety, education, infrastructure, natural resources, debt service, employee benefits, and certain administrative costs. Supporters, led by Senator Avila, argued the proposal would provide meaningful property tax relief and push local governments to rein in spending, while opponents warned it would shift costs to fees, reduce local flexibility, and threaten funding for core services. Several amendments were offered and rejected. Senator Sharief proposed an income-based circuit breaker for property tax relief; Senator Smith offered a sunset clause; and Senator Berman proposed revising the ballot statement to better match the amended proposal and remove outdated references. Each amendment failed on recorded votes. During questioning and debate, senators pressed Avila on the ballot language, the effect on local services, whether the legislature could later restrict local spending by statute, and whether renters would benefit. Avila said the ballot language was not his and repeatedly stated he was presenting the governor’s proposal, while also saying local governments would need to prioritize budgets and that future legislatures could address implementation details. After the amendment votes, the joint resolution was read a third time and moved into final debate. Supporters said the proposal would give homeowners relief and force fiscal discipline at the local level. Opponents, including Senators Nathan, Bracey Davis, Smith, Polsky, and Errington, argued the measure was rushed, lacked a completed fiscal analysis or replacement revenue, and could harm police, fire, libraries, parks, housing, and other local services. They also criticized the ballot summary as misleading, especially regarding the staged homestead exemption increase. The transcript ends during debate, before any final vote on the joint resolution itself.

Transcript Highlights:

• So we could lease out state trust land and bring that revenue to trust beneficiaries.
• highest and best use of trust land.
• If there are projects adjacent to those trust lands, it has implications for those trust lands and also
• the trust pore space.
• the trust poor space.

Keywords: 904, all

Summary: The committee’s interim work session focused first on carbon capture, utilization, and sequestration (CCUS), with presenters from industry, nonprofits, and state agencies describing Washington’s geologic potential, the role of basalt formations, and the difference between point-source capture, direct air capture, utilization, and permanent storage. Industry and project developers emphasized that Washington has major opportunities to reduce industrial emissions, create jobs, and support hard-to-electrify sectors, while state agencies explained current policy touchpoints in the Cap and Invest Program, emissions exemptions for permanently stored CO2, and the Clean Energy Transformation Act. Several presenters urged clearer statutory and regulatory pathways, including rules for pore space, subsurface rights, pipeline siting, and long-term liability; others cautioned that CCUS should be limited to real emissions reductions and not treated as a substitute for broader clean energy measures. Committee members asked about public comment opportunities, whether mineralized carbon would qualify for exemption under the Climate Commitment Act, the energy intensity of capture systems, aquifer protection, and liability if storage later proves problematic. Ecology said it is developing guidance through a public engagement process running through late June and that mineralized or otherwise permanently stored CO2 would likely qualify if it meets the 1,000-year permanence standard. DNR and outside experts also discussed trust lands, water rights, and the need for additional geophysical surveys and test wells. The panel did not take any votes or formal actions. The second half of the meeting turned to hazardous waste and extended producer responsibility. Ecology reviewed existing product stewardship programs for electronics, paint, batteries, and mercury lights, and described how moderate risk waste and household hazardous waste are currently collected through county facilities and events. Ecology said the electronics program is its best model, while the mercury lamp program is currently in transition after the prior stewardship organization exited and a new organization is seeking approval. Ecology recommended that future EPR programs have clear producer and product definitions, full producer funding, convenience standards, annual reporting, and strong enforcement authority. Local government witnesses from King County and Douglas County described rising costs, access barriers in rural areas, and the need for stable funding and flexible local delivery models. King County said it collected over 3 million pounds of hazardous products in 2025 and argued that EPR could reduce costs for ratepayers and improve equity. Douglas County stressed that rural residents are willing to participate when services are available, but travel distance and operating costs make access difficult. An industry representative supported narrowly scoped stewardship programs like PaintCare but warned that broad household hazardous waste EPR systems can become difficult to administer and may require legislative revisions if responsibilities are not clearly defined. No votes were taken on the hazardous waste topic either.

Transcript Highlights:

• We can't just assume we have the public's trust; we need to earn it.
• Only then can we expect the public to have confidence and trust in our decisions.
• just assume we have the Public's trust just assume we have the Public's trust we<00:44:38.559>
• and Trust in our decisions<00:46:41.359> trust<00:46:41.720> is<00:46:41.920> also<
• He's been a trusted and respected voice in state government.

Keywords: State of the Judiciary Address by Chief Justice Mark E. Recktenwald, 912, senate, all

Transcript Highlights:

• It was really created in the likeness of the Water Trust Board.
• Very similar to the Water Trust Board process.
• And that takes trust, right?
• Put it on par with then the PPRF and the Water Trust Board.
• In the near history, that's my Water Trust Board update.

Transcript Highlights:

• to the state housing trust fund in fiscal year 2025-2026.
• Representative Shove, so the money that we have, the $150 million for the state housing trust fund, that
• the proposed committee bill, dealing with the distribution of revenues to the State Transportation Trust
• That trust fund money was to go for, I think, some really important initiatives, such as redeveloping
• And so I am concerned about taking monies from the trust funds that we're taking them from... ...not

Summary: The Transportation and Economic Development Budget Subcommittee met to consider its recommended fiscal year 2025-2026 budget and a conforming committee bill. Chair Shove presented an $18.5 billion TED budget, describing it as about 8.5% below the prior year’s TED budget and emphasizing recurring savings, reductions to vacant positions over 90 days old, and a focus on core agency needs. He highlighted funding for economic development, Visit Florida, Space Florida, affordable housing programs, military affairs, libraries, cultural and historic preservation grants, emergency management, and a $14.1 billion transportation work program. The committee then took up PCB TED 2501, which changes documentary stamp tax distributions by redirecting certain revenues to general revenue. The bill would reinstate the general revenue service charge on the supplemental housing-related dock stamp revenue, eliminating a recurring $150 million source for the State Housing Trust Fund, and would also redirect about $466 million from the State Transportation Trust Fund to general revenue. Chair Shove said the measure has no net zero fiscal impact on state revenues and does not alter the longstanding standard dock stamp funding for affordable housing or eliminate FDOT programs, arguing the bill preserves flexibility for future legislatures. Public testimony was split. Representatives from the Florida Transportation Builders Association and the Florida Public Transportation Association warned that the transportation trust fund reduction would significantly affect FDOT’s five-year work program, especially the Strategic Intermodal System, and could reduce planned capacity improvements and transit funding. Several members also raised concerns about the housing-related changes, arguing the bill undercuts commitments made through the Live Local framework and could weaken affordable housing efforts. In closing, Chair Shove defended the bill as a necessary tightening of recurring spending and said existing affordable housing and transportation programs would still be funded through other appropriations. The committee approved PCB TED 2501 on a 10-2 vote and reported it favorably before adjourning.