Video & Transcript : 'surplus hardware' :

Page 65 of 168
MN

Minnesota 2025-2026 Regular Session

House Floor Session Feb 20th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • After you guys squandered $18 billion surplus, raised taxes by $10 billion, And increased the state budget
  • concerned about the price of eggs suddenly in this body, and members, after having an $18 billion Surplus
  • whenever Democrats don't want to talk about what's actually happening in Minnesota—the $18.5 billion surplus
MN
Transcript Highlights:
  • of money and that's why we had<00:05:20.960><c> a</c><00:05:21.080><c> giant</c><00:05:21.520><c> surplus
  • </c> had a giant surplus. had a giant surplus.
  • and found out we had a $6 plus surplus and found out we had a $6 billion<00:51:56.360><c> deficit.
  • And that was with an $18.5 billion surplus; we raised taxes by $10 billion.
  • And that was with an $18.5 billion surplus; we raised taxes by $10 billion.
Keywords: 919, house, all
Summary: The committee heard presentations on two tax bills: House File 4123, by Representative Agbaje, would expand Minnesota’s net investment income tax to include certain business income, especially income from S corporations and LLCs not subject to federal self-employment taxes, while keeping the current rate and million-dollar threshold; she said it would raise an estimated $88.7 million next year. House File 4616, by Chair Gomez, would impose a 1% annual tax on fortunes above $10 million. Gomez framed the bill as a response to growing wealth inequality and argued that wealthy households and large fortunes should contribute more to public services, while Agbaje said her bill would broaden the tax base and help meet state needs. Public testimony was sharply divided. Supporters, including Nan Madden of the Minnesota Budget Project, Erica Mominee of the Minnesota Association of Professional Employees, Lauren Richards, and teacher Kristen Sinicariello, said the bills would help address wealth and income inequality and provide needed revenue for public health, education, and other public services. They pointed to federal tax cuts for high-income households, cuts to Medicaid and SNAP, and strains on state agencies and schools. Richards said small businesses already pay more than large corporations like Amazon, and Sinicariello argued that higher revenue would support classrooms and help equalize opportunity. Opponents, including Brian Cook of the Minnesota Chamber of Commerce, Dalton Danielson of the Minnesota Business Partnership, and John Beschi of NFIB Minnesota, warned that both bills would hurt business competitiveness and investment. They argued that HF 4123 would effectively create a new higher tax tier for pass-through businesses and that HF 4616 would be difficult to administer, could force sales of illiquid assets, and could discourage entrepreneurship and capital investment. No votes or final committee action were taken in the portion of the meeting provided; the committee moved through bill presentations and public testimony before member discussion.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 03/27/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • I mean, we basically blew an $18 billion surplus.
  • So, you can't do it in your surplus.
  • They squandered an $18 billion surplus. Democrats raised taxes $10 billion, and to what effect?
  • :50:40.639><c> taxes</c><01:50:41.360><c> $10</c> surplus.
  • Democrats raised taxes $10 surplus.
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

WAM-PSM, WAM-AEN Informational Briefings 01-07-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • adjustments include approximately $1.3 million in recurring funds to sustain the department’s software, hardware
  • c> funds to sustain the Department's funds to sustain the Department's software<01:12:28.080><c> Hardware
  • </c><01:12:28.920><c> cloud</c><01:12:29.280><c> services</c><01:12:29.679><c> and</c> software Hardware
  • cloud services and software Hardware cloud services and maintenance<01:12:30.760><c> prior</c><01:12
Keywords: 912, senate, all
Summary: The committee heard budget testimony first from the Department of Corrections and Rehabilitation. Director Tommy Johnson outlined short-term goals to reduce overcrowding, improve living and working conditions, fill vacancies, expand mental health services, and update the correctional master plan. He said the department is still dealing with severe overcrowding at facilities such as OCCC and HCCC, with 947 people at OCCC against a design capacity of 628, and noted 938 inmates are currently housed on the mainland because of temporary repairs at Halawa. He also reported progress on staffing, saying the correctional officer vacancy rate has dropped from 34.3% to 24% through expanded recruitment. The department’s major budget request was $30 million for planning and design for a new Old Triple C project, along with other requests for re-entry services, identification documents, security systems, radios, sink-toilet modules, and trauma-informed care. Members asked about the timing and scope of the OCCC project, courtroom space in new facilities, and the department’s plan to use the funding to improve re-entry and reduce recidivism. The committee then heard from the Department of Law Enforcement on a wide range of priorities. The department described requests to expand agricultural crime enforcement, traffic enforcement, illegal fireworks enforcement, and facilities such as a police building at the DKI airport, a state training center, and new police facilities in central and Leeward Oahu. It also discussed a major IT request for a statewide law enforcement and critical infrastructure notification platform, plus funding for grants management, the Wahiawa Civic Center and court complex, the prescription monitoring program, narcotics enforcement operations, and the narcotics lab. A significant portion of the discussion focused on a proposed traffic enforcement program for commercial vehicle inspections, speeding, and DUI enforcement, which the department said would be funded with federal dollars and would operate concurrently with county police. Committee members questioned whether the effort duplicated county jurisdiction and how the program would be trained and staffed. Members also pressed the department on salary disparities for deputy sheriffs and related vacancies, and the department said the administration was working on a supplemental agreement and placeholder funding to address the issue. Additional discussion covered agricultural crime staffing, the Silver Alert program, and expansion of the forensic lab to handle explosives, firearms, and related evidence. No votes were taken in the portion provided, and the meeting moved from the corrections presentation to the law enforcement budget review with questions and answers throughout.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Bonding, Capital Expenditures and State Assets Jun 21st, 2026 at 11:00 am

Joint Committee on Bonding, Capital Expenditures and State Assets

Transcript Highlights:
  • reason for my question actually, because I noticed that in this bill there's authority to dispose of surplus
  • so I'm curious as to whether there are any plans at the Mount Ida campus from your perspective of surplus
  • so I'm curious as to whether there are any plans at the Mount Ida campus from your perspective of surplus
  • We do know that we've left ourselves with some surplus money that we've used responsibly for one-time
  • So we know we'll have another surplus even this year.
Keywords: 995, all
Summary: The committee heard testimony on the BRIGHT Act, a higher education capital bill that would use Fair Share surtax revenue to fund major repairs, modernization, and decarbonization projects across UMass, state universities, and community colleges. UMass leadership described a $4.8 billion deferred maintenance backlog, aging buildings, and the need to modernize facilities, improve accessibility, and reduce emissions. Administration officials said the bill would authorize $2.5 billion in capital funding, split roughly 50-50 between UMass and the rest of public higher education, plus additional targeted funding for housing planning, smaller modernization projects, campus master plans, and workforce skills grants. They emphasized that the financing structure is modeled on the Commonwealth Transportation Fund and would not raise student costs, while also supporting affordability through financial aid and free community college. Members raised questions about regional equity, the distribution of funds among the five UMass campuses and the 24 state university/community college campuses, project labor agreements, whether the bill would unlock private or federal matching funds, and how the system is preparing for AI and changing workforce needs. UMass officials said project selection is data-driven, based on deferred maintenance, safety, accessibility, sustainability, and programmatic needs, and that the flagship campus in Western Massachusetts would likely receive a large share because of its size and needs. They also said UMass Boston would receive its own share and would not be shortchanged by the Bayside project. On labor, they said PLAs are commonly used and they would follow existing board and building authority policies. On affordability, they said the university has shifted hundreds of millions into need-based aid and that the state’s recent support has helped keep tuition low for many students. DCAMM and higher education officials said the state’s public campuses account for a large share of state-owned building space and a disproportionate share of operational carbon emissions, making decarbonization a major driver of the bill. They said the legislation would allow larger, more comprehensive projects that can address deferred maintenance, energy efficiency, and program needs at the same time, while also making some projects shovel-ready through the Fair Share supplemental funding already appropriated. A later panel from the State Universities Council of Presidents argued the bill’s authorization is still too small to meet long-term needs and urged the committee to increase the bond cap and ensure a more equitable distribution among segments. No votes or final actions were taken in the portion of the meeting provided.
AZ
Transcript Highlights:
  • The National Association of Insurance Commissioners has established a three-to-one premium-to-surplus
  • means that insurance should not accept premiums more than three times the amount of its policyholder surplus
  • So if an insurance company had multiple years of losses that reduced its surplus, but the company continues
  • , and based on the documents that you supplied in 2025, Blue Cross had about a billion dollars of surplus
  • Under the three-to-one premium-to-surplus ratio, the most it could have written in premiums was just
Summary: The Committee on Director Nominations met with four members present and approved the prior minutes without objection. Chair Jay Kaufman outlined the committee’s role in reviewing executive nominations and explained the hearing process for three nominees: Mary Foote for the Office of Economic Opportunity, Debbie Johnston for the Department of Health Services, and Chuck Bassett. Foote did not appear for her hearing, and members discussed her absence and alleged omissions in her disclosure materials, including prior service with Planned Parenthood-related organizations. The committee then moved to reject her nomination, and the motion passed 3-2, recommending that the full Senate reject Mary Foote. Debbie Johnston, nominee to lead the Department of Health Services, appeared and gave an opening statement describing her Arizona background, prior Senate staff work, and more than 20 years with the Arizona Hospital and Health Care Association. She said her priorities at ADHS include rebuilding trust in public health licensing, improving stakeholder engagement, standardizing rulemaking communication, addressing alleged religious discrimination and retaliation concerns in licensing, and using technology and AI to improve efficiency. In questioning, senators pressed her on her management style, conflict-of-interest safeguards given her prior industry role, enforcement priorities, budget pressures, behavioral health and assisted living oversight, and the department’s response to COVID-19. Johnston said she would follow statutes, recuse herself from enforcement matters involving former contacts, and resign if directed to carry out an unlawful policy. She also said the department does not regulate therapy itself, only facilities, and that it would rely on legal counsel regarding the governor’s conversion-therapy executive order and related federal civil-rights allegations. Several senators focused on public health trust and the department’s pandemic response, with Johnston acknowledging concerns about closures, data collection, and communication during COVID-19 while saying she would review past after-action materials and be better prepared in the future. Public testimony from stakeholders in aging services and health care strongly supported her confirmation, praising her accessibility, responsiveness, and collaborative approach. After testimony, the vice chair moved to recommend Johnston’s confirmation to the full Senate. The roll call was underway when the transcript ended, with several members voting aye and one member expressing reservations about her not reviewing the pandemic after-action report before another crisis occurs.
LA

Louisiana 2026 Regular Session

House of Representatives Apr 1st, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • House Bill 1129 by Representative Broussard, sale of surplus state-owned property, preference for in-state
  • House Bill 904, by Representative Bamberg, provides relative to captive insurers, capital surplus requirements
  • just ensures the commissioner has authority over the NIC accreditation and expands the capital and surplus
  • requirements for letters of credit and surplus lines.
  • risk retention group to expose itself to a single loss in the amount of up to 30% of the capital and surplus
Bills: HR91, HR92, HR93, HCR44, HR84, HR85, HR86, HR87, HR88, HR89, HR90, HCR42, HCR43, SCR21, HB483, HB484, HB893, HB1087, HB1088, HB1089, HB1090, HB1091, HB1092, HB1093, HB1094, HB1095, HB1096, HB1097, HB1098, HB1099, HB1100, HB1101, HB1102, HB1103, HB1104, HB1105, HB1106, HB1107, HB1108, HB1109, HB1110, HB1111, HB1112, HB1113, HB1114, HB1116, HB1117, HB1118, HB1119, HB1120, HB1121, HB1122, HB1123, HB1124, HB1125, HB1126, HB1127, HB1128, HB1129, HB1130, HB1131, HB1132, HB1133, HB1134, HB1135, HB1136, HB1137, HB1138, HB1139, HB1140, HB1141, HB1142, HB1143, HB1144, HB1145, HB1146, HB1147, HB1148, HB1149, HB1150, HB1151, HB1152, HB1153, HB1154, HB1155, HB1156, HB1157, HB1158, HB1159, HB1160, HB1161, HB1162, HB1163, HB1164, HB1165, HB1166, HB1167, HB1168, HB1169, HB1170, HB1171, HB1172, HB1173, HB1174, HB1175, HB1176, HB1177, HB1178, HB1179, HB1180, HB1181, HB1182, HB1183, HB1184, HB1185, HB1186, HB1187, HB1188, HB1189, HB1190, HB1191, HB1192, HB1193, HB1194, HB1195, HB1196, HB1197, HB1198, HB1199, HB1200, HB1201, HB1202, HB1203, HB1204, HB1205, HB1206, HB1207, HB1208, HB1209, HB1210, HB1211, HB1212, HB1213, HB1214, HB1215, HB1216, HB1217, HB1218, HB1219, HB1220, HB1221, HB1222, HB1223, HB1224, HB1225, HB1226, HB1227, HB1228, HB1229, HB1230, HB1231, SB1, SB54, SB82, SB87, SB92, SB93, SB99, SB104, SB113, SB114, SB115, SB123, SB129, SB133, SB161, SB162, SB224, SB236, SB275, SB280, SB289, SB305, SB310, SB325, SB330, SB339, SB350, SB359, SB382, SB410, SB412, HCR10, HB54, HB55, HB67, HB73, HB125, HB133, HB158, HB168, HB169, HB191, HB195, HB205, HB225, HB245, HB280, HB283, HB296, HB319, HB325, HB339, HB399, HB407, HB448, HB482, HB550, HB591, HB821, HB826, HB992, HB995, HB1085, HB1086, HR15, HR20, HCR14, HCR6, HCR19, HB861, HB889, HB904, HB907, HB908, HB929, HB1009, HB13, HB23, HB25, HB32, HB41, HB90, HB120, HB121, HB122, HB127, HB138, HB139, HB141, HB179, HB187, HB213, HB247, HB286, HB332, HB344, HB357, HB367, HB370, HB462, HB505, HB527, HB537, HB605, HB680, HB681, HB725, HB780, HB782, HB847, HB892, HB911, HB916, HB1012, HB81, HB134, HB154, HB163, HB170, HB194, HB217, HB220, HB254, HB259, HB290, HB308, HB311, HB360, HB382, HB401, HB410, HB417, HB463, HB575, HB592, HB718, HB723, HB750, HB755, HB776, HB812, HB844, HB882, HB888, HB961, HB966, HB980, HB228, HB289, HB735, HB796, HB284, HB301, HB722, HB468, HB546, HB746, HB842, HB923, HB46, HB166, HB349, HB352, HB436, HB588, HB140, HB429, HB827, HB953, HB901, HB9, HB52, HB58, HB193, HB400, HB570, HB577, HB582, HB733, HB747, HB868, HB952
CA
Transcript Highlights:
  • Now, we have pockets of surplus nurses in certain areas, let's say Southern California.
  • So we hear the stories around there being pockets of surplus and pockets of shortage.
  • So we hear the stories around there being pockets of surplus and pockets of shortage.
  • We are lucky to have many options, but everyone is backlogged with the surplus of clients.
  • We are lucky to have many options, but everyone is backlogged with the surplus of clients.
Keywords: 988, house, all
MN
Transcript Highlights:
  • We now project to end fiscal years 2026 and 2027 with a surplus of $3.7 billion, which is $1.3 billion
  • Left unspent, that surplus will carry forward into fiscal years 2028 and 2029.
  • If you subtract, you know, it’d be a $2 billion lower surplus this biennium and then a $2 billion lower
  • 14.240><c> and</c><00:47:14.480><c> then</c><00:47:14.640><c> a</c><00:47:14.800><c> $2</c> lower surplus
  • this bianium and then a $2 lower surplus this bianium and then a $2 billion<00:47:15.520><c> $2</c><
Keywords: 1183, house
Summary: Minnesota Management and Budget officials presented the February 2026 budget and economic forecast, saying the state remains in a strong financial position but faces continued structural imbalance and significant uncertainty. Commissioner Aaron Campbell said the FY 2026-27 balance is now projected at more than $3.7 billion, up about $1.3 billion from November, and the FY 2028-29 planning period is projected to end with a $377 million positive balance. He emphasized that the improvement comes largely from higher projected revenues, especially individual income and corporate franchise taxes, but warned that the state is increasingly reliant on more volatile sources such as capital gains, interest income, and corporate profits. State Economist Dr. Anthony Becker said the national outlook improved slightly, with stronger projected GDP, consumer spending, and investment, but weaker payroll growth and ongoing trade-policy uncertainty. He noted that the forecast was complicated by missing federal data because of the federal shutdown, and that tariffs, immigration policy, equity markets, and possible AI-related shifts all present risks. Revenue projections were raised for the current biennium, including individual income tax receipts, sales tax revenue, corporate franchise tax revenue, and other revenues, while Becker stressed that federal funding threats, especially involving Medicaid and other entitlement programs, could materially alter the outlook. State Budget Director Anna Mingi said general fund spending in the current biennium is projected to be $68 million lower than previously estimated, but planning-year spending is up $152 million. The biggest spending changes came from education, where special education costs rose sharply after updated local spending data, and from human services, where a new prepayment review process for certain Medicaid benefits reduced projected spending by $133 million this biennium and $105 million in the next. She also said discretionary inflation is now estimated at $1.04 billion, up $104 million from November. Campbell closed by saying the state’s reserve remains at a record $3.8 billion and that Minnesota’s AAA bond rating and reserve policy help protect against downturns. He cautioned, however, that the long-term structural imbalance remains about $3.4 billion in the planning years, or $2.3 billion excluding discretionary inflation, and urged policymakers to offset any new spending with reductions. No votes or formal actions were taken; the meeting was a presentation and question-and-answer session on the forecast.
CA

California 2025-2026 Regular Session

Assembly Floor Session Sep 10th, 2025

California House Floor Meeting

Transcript Highlights:
  • This bill is related to that and makes sure that the Surplus Land Act doesn't prohibit that development
  • required as the city of Chula Vista does build not just housing but affordable housing, but this Surplus
  • This bill is related to that and makes sure that the Surplus Land Act doesn't prohibit that development
  • required as the city of Chula Vista does build not just housing but affordable housing, but this Surplus
  • This bill is related to that and makes sure that the Surplus Land Act doesn't prohibit that development
Summary: The Assembly convened, initially lacked a quorum, then returned to session with prayer, pledge, and a moment of silence for Charlie Kirk following news of his shooting. Members then handled a series of procedural motions, including suspending rules, moving several bills to the inactive file, re-referring bills to committees, and authorizing committee meetings. The chamber also observed adjournments in memory for several individuals, including Ermilo Don Rodas, John Burton, Nina Chomsky, and Barbara “Bobby” Samperey. On the floor file, members considered and passed a long list of Senate bills, largely on bipartisan or unanimous votes. Topics included consumer protection and transparency for self-storage contracts (SB 709), adoption jurisdiction (SB 450), privacy and name/image protections (SB 683), an audit of the February 2025 bar exam (SB 47), data broker transparency (SB 361), used-car buyer protections (SB 76), state parks land acquisition streamlining (SB 630), cemetery work group deadlines (SB 777), financial enforcement authority (SB 825), utility outage reporting and reliability planning (SB 292), vital records confidentiality (SB 313), health care coverage and hormone therapy access (SB 418), workplace outreach (SB 578), Holocaust and genocide education (SB 472), county jail treatment for misdemeanor incompetency cases (SB 820), and AI companion chatbot safeguards for minors and self-harm risks (SB 243). Most measures passed with little or no opposition, though SB 578 drew sharp debate over the workplace outreach program and its funding. The Assembly also took up concurrence items and approved numerous Assembly bills with Senate amendments. These included transparency in legislative nondisclosure agreements (AB 1370), affordable faculty/staff housing provisions at community colleges (AB 648), tribal youth foster care reforms (AB 1378), EV charger payment regulations (AB 1423), technical Political Reform Act changes (AB 1511), diacritical marks on vital records (AB 64), reproductive health protections with urgency (AB 260), union and collective bargaining protections (AB 288), bench trial statement-of-decision streamlining (AB 515), agricultural land stewardship (AB 524), geothermal exploratory project rules (AB 527), Medi-Cal field medicine changes (AB 543), tobacco-related provisions (AB 573), social media platform rules (AB 656), state parks transaction reporting (AB 679), professional licensing changes (AB 742), and child care staffing and assistant teacher pathways with urgency (AB 753). Votes were generally strong, with several measures passing unanimously or near-unanimously.
CA
Transcript Highlights:
  • trying to meet a one-in-10, one-year-in-10 loss-of-load standard, shows that we are going to have a surplus
  • We are going to have a surplus of capacity going into the summer of about 1,450 megawatts, so that's
  • conducted our own stack analysis, a deterministic analysis, which also verifies that we do have a surplus
  • our more expensive resources, but if we're able to import from another part of the region that has surplus
  • Surplus interconnection would be another. Advanced conductors and grid-enhancing technologies.
Summary: The committee first heard AB 1026 by Assembly Member Wilson, which would require investor-owned utilities to provide clearer front-end information and follow more consistent timelines for post-entitlement energization applications tied to housing projects. The author and supporters from the Housing Action Coalition and Mission Housing said utility delays can hold up approved housing, add costs, and create uncertainty, and they argued the bill would align utility processes with recent state efforts to streamline local permitting. PG&E and Southern California Edison opposed the bill, saying existing CPUC timelines and the ongoing energization rulemaking already address the issue, that the bill could be duplicative or premature, and that some proposed timelines were too short. The committee discussed the bill’s relationship to the CPUC’s September 2024 decision, and AB 1026 was ultimately approved on a 15-0 vote, with the consent calendar also passing. The second half of the hearing was the committee’s annual oversight hearing on electric reliability. Representatives from the CPUC, CEC, CAISO, and DWR reviewed lessons from the 2020 and 2022 heat emergencies, emphasizing that California has since added significant resources, improved planning, and created backstop programs such as the strategic reliability reserve. They said the summer 2025 outlook is cautiously optimistic, with no expected shortfalls under traditional planning conditions and a projected surplus, though wildfire and extreme heat remain risks. The agencies also described major changes in planning and operations, including more battery storage, updated resource adequacy rules, expanded transmission planning, and reforms to the interconnection queue. Members asked about data center load, Diablo Canyon’s future, the strategic reliability reserve, demand response, wildfire mitigation costs, affordability, and regional market expansion. Witnesses said data center demand is a major variable but can be managed through better forecasting, flexible service arrangements, and siting in areas with existing capacity; they also said firm clean resources remain valuable while planning continues around Diablo Canyon’s scheduled retirement. On affordability, they said the agencies try to balance reliability with least-cost procurement, and that new resources can lower market prices even as they require upfront investment. CAISO also highlighted the value of the Western Energy Imbalance Market and the planned day-ahead market, saying regional coordination improves both reliability and cost savings.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - Part 1 - 05/18/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • </c><01:03:15.520><c> versus</c> sitting on $19 billion in surplus versus sitting on $19 billion in surplus
  • And to the surplus discussion, the surplus went to roads and bridges.
  • And to the surplus discussion, the surplus went to roads and bridges.
  • I think we could have done more back when we did have that $18 billion surplus.
  • I think have that $18 billion surplus.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 3/6/25

State Government Finance and Policy

Transcript Highlights:
  • A DFL surplus of $3.7 billion for the biennium, there is a $3.5 billion budget reserve that we have to
  • A DFL surplus of $3.7 billion for the biennium, there is a $3.5 billion budget reserve that we have to
  • A DFL surplus of $3.7 billion for the biennium, there is a $3.5 billion budget reserve that we have to
  • A DFL surplus of $3.7 billion for the biennium, there is a $3.5 billion budget reserve that we have to
  • A DFL surplus of $3.7 billion for the biennium, there is a $3.5 billion budget reserve that we have to
Bills: HF1, HF1754, HF1809, HF1478
ND

North Dakota 2026 1st Special Session

Legislative Task Force on Government Efficiency Jun 30th, 2026 at 01:00 pm

Legislative Task Force on Government Efficiency

Transcript Highlights:
  • That language is really loosely based on the surplus property law that requires the proceeds of the sale
  • of surplus property to go back to the operating fund or the general fund if the property is over 13th
  • had also conversations, not in my testimony, but follow-up conversations with UND related to state surplus
  • Also, as she mentioned, we're looking at surplus property in conjunction with OMB.
Keywords: 908, all
CA

California 2025-2026 Regular Session

Assembly Floor Session Jun 25th, 2026

California House Floor Meeting

Transcript Highlights:
  • Just a few years ago, with a $98 billion surplus, you would do so.
  • Just a few years ago, with a $98 billion surplus, you would do so.
  • Just a few years ago, with a $98 billion surplus, you would do so with a massive surplus, but instead
Keywords: 988, house, all
LA
Transcript Highlights:
  • Of the $288.5 million in surplus funds, $269.2 million was allocated, leaving approximately $18.9 million
  • Of the $18.9 million remaining in the original bill of surplus, $9.4 million is used, leaving $9.46 million
  • That's from the surplus.
  • bill came over to us, when it first got to the House, I think it had about $18 or $19 million in surplus
Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 11, 2026, approved the April 27 minutes, and then took up several House bills. HB 618, by Rep. McMakin, would update Louisiana Economic Development fees and filing charges by indexing them to inflation and allowing some discretion to waive or reduce fees for small businesses; it was reported favorable. HB 732, by Rep. Owen, drew extensive discussion because it combined two issues: temporary OMV relief for a hospice-related ID problem and a suspension of the new hybrid vehicle road usage fee. Members and the OMV commissioner raised constitutional and drafting concerns about waiving or eliminating obligations, and the committee discussed how newer vehicle classifications blur the line between electric, hybrid, and gas-powered vehicles. The committee ultimately reported HB 732 favorable, with the understanding that amendments and further work would be needed before floor action. The committee also reported favorable on HB 217 and HB 214 by Rep. Henry, which would authorize local governments to grant property tax exemptions for the rehabilitation of blighted property and place the related constitutional amendment before voters. Testimony emphasized that the measure is permissive for local governments, applies only after a property is formally blighted and rehabilitated, and is intended to encourage redevelopment while preserving some tax revenue. Members discussed the exemption level, duration, and the need for clearer definitions of blight, but no objections were raised. HB 593, also by Rep. Henry, would raise the maximum service fee for OMV public tag agent offices statewide; the commissioner explained that many offices are locally operated and that the increase would help cover costs, and the bill was reported favorable. Later, HB 514 and HB 961, by Rep. Foreman, were reported favorable. HB 514 would allow local governments, by referendum, to provide additional property tax relief for seniors who meet income and freeze requirements, with phased age-based eligibility steps; HB 961 would extend a similar concept to certain homesteads held in trust. Members discussed the optional local nature of the program and the need to avoid overly broad rules. HB 908, by Rep. Mina, would increase certain Secretary of State business services fees to support operations and system upgrades; agency officials said the fees had not been comprehensively adjusted since 2013 and remained below regional averages, and the bill was reported favorable. The committee then heard an informational update on the capital outlay bill from the Division of Administration, including the use of bundled projects for universities and DOTD, the status of P1/P2/P5 funding, and available cash capacity. Finally, HB 1010, by Rep. Deshotel, was reported favorable after brief discussion; it would require assessors to report property tax collections to the Louisiana Tax Commission for centralized public reporting.
AR

Arkansas 2026 Regular Session

HOUSE RULES Apr 15th, 2026

HOUSE RULES

Transcript Highlights:
  • Usually, they need to get a surplus going until their revenues come in.
  • So in a year where the surplus is projected to be less than 150 under current services, what services
  • We had a billion-dollar surplus a few years ago, a billion and a half.
  • In 2006, when I came in, we had almost a billion-dollar surplus on a $4 billion budget.
Keywords: 1204, all
MN

Minnesota 2025-2026 Regular Session

Motor vehicle registration tax calculation change 3/25/26

Minnesota House Floor Meeting

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

Louisiana 2026 Regular Session

Ways and Means Mar 23rd, 2026

Transcript Highlights:
  • . $269 million in surplus funds is also dedicated in the bill. Right now, the available money...
  • One place that you can look is when we make a cash expenditure, which is those surplus funds that we
  • You know, if there never were any surplus in the future, and if there never were any new projects added
  • original version of House Bill 2 is $574 million of P5 to P1 and right around $288.5 million in cash surplus
Summary: The committee met informally to receive a detailed briefing from the Division of Administration’s Facility Planning and Control on House Bill 2, the state capital outlay bill. Staff explained the bill’s size and structure, including the current original bill of about $11.1 billion, the role of Priority 1 and Priority 5 funding, the $574 million annual cash line-of-credit capacity, and the large amount of reauthorized or dormant Priority 1 funding that remains in the bill from prior years. Members focused heavily on how projects are selected, how cash-flow estimates are made, and how much of the bill is tied up in long-term Priority 5 placeholders versus money that can actually be spent in the near term. No votes were taken, and the chair emphasized the meeting was informational only. The committee also heard from Higher Education Commissioner Kim Hunter-Reed, who outlined the higher education capital outlay process, the number of requests submitted, and the deferred maintenance program supported by prior legislative funding. A major theme was concern about dormant projects and over-appropriation of Priority 1 funds. Committee members repeatedly asked how much money is sitting unused, why projects remain in the bill for years, and whether legislators can help remove obsolete or overfunded projects. FPC officials said dormant projects are identified when they have had no expenditures for roughly two years, and that last year some projects were not reauthorized, freeing funds for active projects. They said legislators can help by reducing or eliminating dormant projects and by being cautious about adding new projects during session, since small initial cash amounts can create large future Priority 5 obligations. Members also discussed whether non-state entities, including municipalities, parishes, ports, and nonprofits, should have stronger reporting or expenditure requirements; staff said the current statutes do not require a formal expenditure mandate, though the cooperative agreements allow the state to take back funds if no contract is entered within the required period. Higher education officials said the systems and campuses work year-round with the Board of Regents and FPC to prioritize projects and determine realistic cash needs. Commissioner Hunter-Reed said higher education accounts for a large share of state buildings, that 154 requests were received and 79 were submitted, and that 38 projects have new FY27 funding in the current draft. She also noted that the legislature has provided $100 million over two years for deferred maintenance against a backlog exceeding $2 billion, and that $10 million of that has been set aside for third-party campus reviews of deferred maintenance, space utilization, and preventive maintenance. Overall, the meeting centered on improving capital outlay efficiency, reducing dormant funding, and aligning project requests more closely with what can actually be spent in a year.
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Ways & Means

Transcript Highlights:
  • Citizens pay more, businesses pay more, and in many cases that money sits in surplus accounts.
  • I, as the determining vote in my district, I lived off of my surplus in my district.
  • I levied zero mills and ran my office off of my surplus. In 2022, I levied my lower rate.
  • have levied that 2.0, or I could have levied that zero amount for more years, so depending on my surplus