Transcript Highlights:

• But until it's a done deal, the money stays in the state surplus, the current surplus that we're in.
• This is talking about the current surplus that we had at the end of last fiscal year is what we'll be
• Okay, what is the surplus estimated to be? All right. The current year? Yes.
• Well, our balance in the surplus... Yes, well, where this $5.18 is going to be found?
• Well, our balance in the surplus that we're working out of is $619 million. Okay.

Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum, granted several leaves, and received gubernatorial approval notices for multiple fiscal-session measures. The chamber then referred House Bill 1034 back to the Joint Budget Committee so pay raises could be stripped out and cybersecurity/bank-fee funding handled later. House Bill 1103, increasing the homestead property tax credit by $75, passed 94-0. Members then considered several budget amendments and appropriations. Amendments to House Bills 1007, 1022, 1036, and 1064 were adopted, and Senate Bill 76, a $2 million appropriation for county extension office capital improvements, passed 87-7. A batch of appropriation bills passed, but several individual bills failed, including House Bills 1023, 1035, 1053, and 1066. House Bills 1089 and 1090, supplemental appropriations for pregnancy crisis centers and waste tire cleanup, both passed. House Bill 1093, a corrections reappropriation bill that excluded use of funds in Franklin County, also passed 94-0. The most extensive debate centered on House Bill 1100 Amendment 1, which set out the RSA and one-time funding package. Supporters described major allocations for corrections, state police, LEARNS Freedom Accounts, Medicaid, vehicle purchases, and a proposed $300 million economic-development site-preparation and road package tied to a confidential project. Opponents criticized the secrecy, size, and policy approach of the incentive, while supporters argued it could bring jobs and broader economic benefits. The amendment passed 54-36-3. The House also passed Senate Bills 8, 16, 30, 63, 67, and 73, while Senate Bills 41 and 59 failed, and Senate Bill 10 passed after being briefly set aside for clarification. The chamber adjourned to 1 p.m. the next day, with committee meetings announced for budget and house management.

Transcript Highlights:

• It comes from the surplus.
• Arizona's got a budget surplus.
• This amendment requires that certified education assistance organizations comply with reporting requirements
• This amendment requires businesses to follow best practices to protect sensitive, personal data. requires
• It strengthens the reporting requirements for conduct at private schools to mirror the requirements that

Bills: SB2 , SJR36 , SB2 , SB2 , SR29 , SB2

Keywords: Maverick County, recognition, economic development, Texas Senate, community celebration, 1185, senate, all

Transcript Highlights:

• requiring action.
• <00:26:01.440><c> requiring</c><00:26:01.919><c> action.
• </c><00:26:02.880><c> And</c><00:26:03.120><c> I</c> requirements requiring action.
• And I requirements requiring action.
• So, uh, there are issues in school facilities and it does require action.

Keywords: 958, all

Summary: The committee first approved the February minutes and noted there had been no March meeting. Staff then provided a series of information items, including quarterly capital project status reports from state agencies and postsecondary institutions, a University of Kentucky equipment purchase report, notice that the committee took no action on certain March transactions, school district debt notices for Fayette and Jessamine counties, lease-space advertisements due to building conditions, a Kentucky Asset/Liability Commission report, and asset preservation project reports from KCTCS and Eastern Kentucky University. The committee then heard and unanimously approved Murray State University’s request for interim authorization to use institutional revenues for a $1.5 million roof replacement at the Curs Center student center. University of Kentucky also received unanimous approval for a $115 million public-private partnership project to expand Parking Structure 7 and the Johnson Center recreation space; testimony emphasized the loss of parking from hospital expansion, increased student enrollment, a planned $21 per semester recreation fee increase, and the goal of improving student retention and campus capacity. Next, the committee received a report on a Kentucky State Police Post 11 renovation in London funded at $1.138 million, with members asking how long the repairs would extend the building’s useful life; KSP said the work was a long-term investment and replacement was still many years away. The committee also approved multiple real property lease actions, including a new CHFS lease in Scott County, several lease renewals for the Commonwealth’s Attorney, CHFS, Transportation Cabinet, and a Secretary of State relocation lease tied to a capital renovation project. Members questioned one Jefferson County lease rate and the witness said it had been in place since 2007. Finally, the Kentucky Infrastructure Authority presented three water loan items, which were rolled and then approved: an $841,383 East Clark County Water District loan for waterline upgrades, a roughly $6.13 million Oldham County Water District loan for US 42 improvements, and a $619,180 increase for Canonsburg Water District’s Schopes Road project due to higher-than-expected bids. The committee then approved eight K-12 school facility issuances, including projects in Clinton, Franklin, Fulton, Lincoln, McLean, Paris, Somerset, and Spencer counties, covering early childhood, new school construction, HVAC, energy conservation, and renovations. The meeting ended with notice of the next meeting date and adjournment.

Transcript Highlights:

• </c> state is free to make this requirement state is free to make this requirement the<02:03:22.159><
• </c><03:08:25.960><c> to</c> be unlawful we would be required to be unlawful we would be required to
• When you look at the Highway Surplus Fund and the fishing game surplus funds, you'll notice that both
• When you look at the Highway Surplus Fund and the fishing game surplus funds, you'll notice that both
• When you look at the Highway Surplus Fund and the fishing game surplus funds, you'll notice that both

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:

• And we were able to do that because we had a budget surplus. Is that not correct? That's right.
• About $2 billion surplus at the time. Well, we had a lot more than that. We did.
• And if we do have a surplus on occasion, rare as it may be, we try to find some useful purpose for that
• No, each cooperative agreement has detailed measures, reporting requirements from the partner.
• We also required that the HOA pursuing it must be a registered nonprofit organization with the state.

Committee: House Conservation and Natural Resources

Summary: The Committee on Conservation and Natural Resources heard House Bill 2202, sponsored by Rep. Don Mayhew, which would allow active-duty military personnel, 100% disabled veterans, and youth during youth hunt seasons to receive certain hunting permits at no cost. Mayhew argued the bill would help recruit younger hunters, support military members and disabled veterans, and would not threaten conservation funding because the conservation fund has maintained substantial balances. Committee members questioned the bill’s fiscal impact, possible constitutional issues, effects on Pittman-Robertson federal reimbursements, and whether the bill duplicated existing Missouri Department of Conservation exemptions. Some members supported the concept of honoring veterans but suggested other funding mechanisms or clarifying language, and MDC said it would revise the fiscal note after misreading some figures. Testimony on HB 2202 was mostly opposed or informational. An Army veteran testified against the bill, saying current MDC rules already provide significant exemptions for veterans, active-duty personnel, and seniors, and warning the bill could reduce revenue and federal matching funds. MDC Deputy Director Aaron Jeffreys said the department already offers numerous veteran and military exemptions and supports veteran hunts through partnerships with NGOs, but also explained the agency’s fund balance is being used for major capital projects and is expected to decline. Several members and the sponsor debated whether conservation revenues are being held in reserve unnecessarily or are needed for ongoing projects and future obligations. The committee then heard House Bill 1734, sponsored by Rep. Colin Wellenkamp, which would create a Soil Erosion Control Fund Act to help homeowners associations finance erosion mitigation projects through assessments, state fund allocations, and matching local or grant dollars. Wellenkamp and supporters said erosion and flooding are causing major property damage, especially in water-rich and river-adjacent areas, and that the bill would give communities a practical tool to address problems that are too expensive for cities or counties to solve alone. Members from affected districts described severe flooding and erosion impacts, and the sponsor said the bill includes safeguards such as HOA nonprofit status, homeowner approval, and repayment terms to protect taxpayers. HB 1734 drew broad support from witnesses including the Community Associations Institute, a stream restoration business, the Missouri Municipal League, the Sierra Club, the Nature Conservancy of Missouri, and a St. Charles County lobbyist. Supporters said the proposal would help stabilize land, protect homes and property values, improve habitat and water quality, and reduce long-term public costs. No witnesses testified in opposition, and the hearing on HB 1734 concluded with no further business and adjournment.

Transcript Highlights:

• </c><00:10:41.720><c> a</c> bium which ends with with a surplus a bium which ends with with a surplus
• a $600<00:10:42.399><c> million</c><00:10:43.240><c> surplus</c><00:10:43.839><c> but</c><00:10:44.079
• but again we have a $600 million surplus but again we have a structural<00:10:46.120><c> imbalance</
• uh and then we were structureal Surplus uh and then we were going<00:15:25.120><c> to</c><00:15:25.320
• in our state constitution to requirement in our state constitution to provide<01:34:34.719><c> a</c>

Committee: House Ways and Means

Keywords: 1183, house

Transcript Highlights:

• Please make note, no action is required.
• Members, we are now proceed to required.
• Again, members, no action is required.
• So, you can't do it in your surplus.
• Democrats raised taxes $10 surplus.

Keywords: 1187, senate, all

Transcript Highlights:

• A budget provision requires committee review of transfers in or out of the special election expenses
• As background, the election costs less than expected and there was a surplus.
• The cost was less than expected and there was a surplus.

Committee: Joint Joint Legislative Budget Committee

Keywords: 1182, all

Transcript Highlights:

• And I have a site in downtown San Diego, for example, that was declared surplus back in 2021.
• And then I will echo on the excess sites and surplus...
• Specifically for surplus land? Well, any of the housing.
• In the last year, the federal government changed 4% tax credit requirements.
• , requirements, and in a time when costs keep rising, is it too quiet?

Summary: Assembly Budget Subcommittee 5 on State Administration heard two housing-related trailer bill items tied to the Governor’s reorganization plan. The first item would codify the creation of a new Housing and Homelessness Agency and a Business, Consumer Services and Housing Agency structure; the second would further streamline the state housing finance system by creating a Housing Development and Finance Committee and reserving most private activity bond capacity for affordable housing. Administration officials said the changes are intended to reduce duplication, speed awards to construction, and make housing funding more predictable and efficient. Agency leaders described recent housing investments and implementation steps, including work groups, coordination with Finance, the Controller, and the Treasurer’s Office, and development of new guidelines and staffing. Members raised concerns about limited funding, the need for better program-by-program outcome data, youth homelessness, excess sites, and fraud prevention. The Interagency Council on Homelessness presented new three-year action plan metrics, including goals to increase exits from unsheltered homelessness to 70% and move more people into permanent housing, while also noting current performance data and quarterly public reporting. The Legislative Analyst’s Office said it had no concerns with the first trailer bill, but supported the general concept of the second while recommending changes, including removing or revising the proposed 50% bond-cap floor for the new committee and adding attention to 9% and state tax credits. Public commenters, including local governments, nonprofit developers, housing authorities, and advocacy groups, largely supported the reorganization and streamlining goals, but several urged stronger protections for deeply affordable housing, earlier reallocation of unused bond authority, continued access to 9% credits, and more funding for housing programs. No votes were taken in the portion provided; the chair closed item one and moved to item two after member and public testimony.

Transcript Highlights:

• The first step of eligibility would be that they would have to meet the tax freeze requirements.
• If you can't meet that requirement, you're not eligible.
• Okay, actually require two votes of the people.
• Together, it's about $449.5 million of P2 that requires no new funds.
• That's from the surplus.

Bills: HB214 , HB217 , HB514 , HB593 , HB618 , HB732 , HB908 , HB961 , HB1010

Committee: Senate Revenue & Fiscal Affairs

Keywords: property tax, blighted properties, urban rehabilitation, tax exemption, local government, financial incentives, blighted property, derelict property, property tax exemption, local redevelopment plans, rehabilitation standards, ad valorem tax, community development, senior citizens, homestead exemption, Louisiana Constitution, motor vehicles, local fees, transaction fees, funding

Transcript Highlights:

• And I have a site in downtown San Diego, for example, that was declared surplus back in 2021.
• And I have a site in downtown San Diego, for example, that was declared surplus back in 2021.
• Specifically for surplus land? Well, any of the housing?
• In the last year, the federal government changed 4% tax credit requirements.
• At this requirement is removed from the proposed ASIC trailer bill language, pursuing 50%...

Keywords: 988, house, all

Transcript Highlights:

• Members, no action is required. The Secretary will read the next message. Mr.
• Again, members, no action is required.
• We will members, no action is required.
• have a surplus.
• </c><01:44:26.600><c> where</c> from a 18 billion dollar surplus where from a 18 billion dollar surplus

Keywords: 1187, senate, all

Transcript Highlights:

• The only way would be to have a legislative change that would require it. And my apologies, Mr.
• The only way would be to have a legislative change that would require it, and my apologies, Mr.
• The only way would be to have a legislative change that would require it, and my apologies, Mr.
• It will require us to go to both fiscal and G&C in order to move money around to make the payments.
• </c> will be done with within the Surplus will be done with within the Surplus statement<02:27:10.560

Keywords: 928, house, all

Summary: The committee received an overview from Chris of the Legislative Budget Assistance Office on how it will estimate unrestricted revenues for the General Fund, Education Trust Fund, Highway Fund, and Fish and Game Fund. He explained that the committee’s work is based on current law, not pending bills, and that the estimates will feed into a House resolution and an amendment to House Bill 1, the operating budget. He also described the broader budget process, including how House and Senate estimates are reconciled, how surplus statements account for revenue changes from enacted bills, and how a committee of conference could resolve differences later in the session. No votes were taken. Members then asked about why the Education Trust Fund was running below plan. Chris said the shortfall appeared to be driven largely by business taxes, including differences in the BET/BPT split and improved tax-processing systems that better track where business tax payments belong. Representative Orr also asked about tobacco tax collections and out-of-state sales; Chris said tobacco revenue was likely overestimated in 2023 based on COVID-era patterns, with more people smoking at home, and noted that e-cigarette tax revenue goes to the General Fund while cigarette taxes are split between the General Fund and Education Trust Fund. He said he did not have a specific estimate for cross-border sales. Commissioner Lindsay St. Pierre of the Department of Revenue then began a deeper dive into the department’s role and the taxes it administers. She reviewed the department’s mission, organizational structure, taxpayer services, and the tax policy and legislative analysis staff who prepare fiscal notes and testify on bills. She noted that the department administers about $2.9 billion in revenue across major taxes such as business taxes, meals and rooms, and utility property tax, and that the figures being discussed were preliminary because the annual report had not yet been issued. The discussion was informational only, with no formal action taken.

Transcript Highlights:

• a few billion, some years it may be more, depending on the economy in that given year. year, the surplus
• We had a $40 billion surplus. a $24 billion surplus, we have to be careful how we spend it so it's spent
• Because when you have a surplus, it's like if you get a bonus in your I hope some of you get a bonus

Keywords: 1185, senate, all

Transcript Highlights:

• be a few billion, some years it may be more, depending on the economy in that given year and the surplus
• We had a $40 billion surplus, a $24 billion surplus.
• It's not something we have to do every year because when you have a surplus, it's like if you get a bonus

Transcript Highlights:

• But more can be done, particularly at the juncture when school districts access surplus property.
• But more can be done, particularly at the juncture when school districts access surplus property.
• Thank you. districts um access Surplus property in districts um access Surplus property in the<00:02:

Keywords: 919, house, all

Summary: The committee heard House File 1340, authored by Chair Lee, which would expand the use of housing infrastructure bonds to support the adaptive reuse or conversion of buildings into affordable housing. The author described the bill as a way to help nonprofit and other affordable housing developers compete for surplus buildings, especially when school districts are selling unused properties on the open market. Tom Parent of Minneapolis Public Schools testified in support, explaining that school districts manage facilities through separate capital budgets and that selling surplus property at fair market value helps offset future property tax burdens. He said districts often face tension between maximizing sale proceeds and meeting community needs, and pointed to Minneapolis examples where former school buildings are being converted to housing, including projects serving youth experiencing homelessness. He argued the bill could better align reuse of school properties with community housing needs while protecting local taxpayers. In response to a question from Representative Scraba, the author confirmed the bill does not allocate new dollars but instead expands eligible uses under the statute for housing infrastructure bonds. No vote or formal action was taken during the exchange, and the bill was presented as part of a broader bipartisan discussion about reuse of vacant buildings for housing and other community purposes.

Transcript Highlights:

• So today it's a surplus, right? Right. What about tomorrow?
• The 1.2 billion, the bill does not Require, the language of the bill does not require the legislature
• It does not require prior approval.
• This is a reporting requirement, right?
• Facts require us oftentimes to look at things that we don't want to look at and often require us to learn

Bills: SJR85 , SCR29 , SCR38 , SCR42 , SB23 , SB39 , SB209 , SB227 , SB240 , SB330 , SB527 , SB584 , SB618 , SB619 , SB636 , SB663 , SB715 , SB732 , SB758 , SB801 , SB825 , SB826 , SB843 , SB844 , SB847 , SB870 , SB884 , SB912 , SB957 , SB1013 , SB1020 , SB1065 , SB1143 , SB1152 , SB1164 , SB1183 , SB1257 , SB1299 , SB1325 , SB1349 , SB1413 , SB1455 , SB1539 , SB1558 , SB1574 , SB1583 , SB1624 , SB1642 , SB1643 , SB1667 , SB1717 , SB1718 , SB1727 , SB1734 , SB1756 , SB1757 , SB1784 , SB1789 , SB1832 , SB1868 , SB1870 , SB1883 , SB1896 , SB1920 , SB1924 , SB1963 , SB2010 , SB2018 , SB2024 , SB2037 , SB2052 , SB2073 , SB2111 , SB2161 , SB2196 , SB2207 , SB2253 , SB2268 , SB2322 , SB2323 , SB2332 , SB2349 , SB2371 , SB2533 , SB2570 , SB2601 , SB2626 , SB2692 , SB2705 , SB2717 , SB2774 , SB2788 , SB2877 , SB2920 , SB2 , SB260 , SB1786 , SB1 , HJR4 , SJR36 , SJR50 , SJR63 , SJR85 , SJR84 , SCR12 , SCR39 , SCR38 , SCR42 , SCR29 , SCR4 , SCR18 , SCR43 , SCR46 , SB2023 , SB825 , SB2010 , SB1870 , SB62 , SB666 , SB847 , SB284 , SB854 , SB1073 , SB810 , SB1539 , SB1505 , SB583 , SB957 , SB1502 , SB507 , SB1026 , SB1349 , SB1433 , SB1434 , SB1376 , SB1585 , SB1772 , SB2016 , SB1163 , SB619 , SB1122 , SB732 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB261 , SB1882 , SB618 , SB393 , SB1791 , SB826 , SB1257 , SB870 , SB529 , SB209 , SB1883 , SB2024 , SB2429 , SB1999 , SB511 , SB2309 , SB510 , SB1860 , SB2037 , SB1924 , SB2253 , SB2018 , SB2206 , SB1963 , SB1643 , SB1299 , SB841 , SB668 , SB584 , SB1085 , SB2431 , SB1490 , SB1868 , SB2314 , SB434 , SB2046 , SB1667 , SB1727 , SB2127 , SB1975 , SB1760 , SB1734 , SB1335 , SB2246 , SB2439 , SB1624 , SB1244 , SB1468 , SB2717 , SB1612 , SB1262 , SB604 , SB2395 , SB1832 , SB1745 , SB1746 , SB2207 , SB1784 , SB1524 , SB528 , SB437 , SB269 , SB1137 , SB968 , SB636 , SB747 , SB1325 , SB1789 , SB1455 , SB2056 , SB1940 , SB2052 , SB1579 , SB2068 , SB3034 , SB844 , SB1920 , SB1558 , SB1236 , SB1044 , SB884 , SB463 , SB227 , SB240 , SB517 , SB1200 , SB1410 , SB1626 , SB1845 , SB1863 , SB2216 , SB2681 , SB1717 , SB2141 , SB2323 , SB2200 , SB2332 , SB2199 , SB1642 , SB1757 , SB2050 , SB1138 , SB2626 , SB2458 , SB1864 , SB2201 , SB1862 , SB1583 , SB1055 , SB2660 , SB1898 , SB2662 , SB2161 , SB2964 , SB2881 , SB1065 , SB801 , SB2743 , SB2533 , SB1413 , SB2073 , SB3014 , SB3013 , SB2774 , SB2702 , SB2629 , SB2443 , SB2349 , SB2167 , SB2145 , SB2121 , SB758 , SB648 , SB647 , SB512 , SB438 , SB1721 , SB2268 , SB1495 , SB2705 , SB2366 , SB1422 , SB1369 , SB1013 , SB682 , SB2692 , SB2570 , SB2797 , SB2111 , SB1896 , SB1164 , SB1020 , SB663 , SB2371 , SB1152 , SB2196 , SB2383 , SB2581 , SB2798 , SB330 , SB646 , SB843 , SB1998 , SB1418 , SB2788 , SB1169 , SB2873 , SB1754 , SB1534 , SB1718 , SB2779 , SB2004 , SB1143 , SB1756 , SB912 , SB2119 , SB2032 , SB527 , SB1580 , SB1952 , SB2601 , SB2322 , SB2448 , SB1777 , SB1283 , SB407 , SB2392 , SB2076 , SB2786 , SB3031 , SB2877 , SB2876 , SB2284 , SB2225 , SB1540 , SB2920 , SB2929 , SB1395 , SB1972 , SB2540 , SB1183 , SB2742 , SB2595 , SB2217 , SB2117 , SB715 , SB2330 , SB1964 , SB1383 , SB500 , SB1640 , SB39 , SB2001 , SB2080 , SB2722 , SB506 , SB2514 , SB2623 , SB2658 , SB1574 , SB2900 , SB23 , SB2753 , SB2398 , SB401 , SB1241 , SB2927 , SB2173 , SB2538 , SB898 , SB467 , SB1449 , SB2529 , SB1531 , SB2846 , SB2476 , SB2031 , SB986 , SB1181 , SB2075 , SB2154 , SB2864 , HB135 , HB1109 , SCR48 , SB31 , SB2880 , SB1359 , SB2386 , SB771 , SB2844 , SB2550 , SB1351 , SB1423 , SB1931 , SB2245 , SB2589 , SB2707 , SB2807 , SB2351 , SB410 , SB659 , SB816 , SB2776 , SB2693 , SB2580 , SB1980 , SB1886 , SB1234 , SB739 , SB482 , SB456 , SB127 , SB1666

Keywords: Texas constitutional amendment, property tax relief, school district taxes, ad valorem tax, homestead exemption, residence homestead, elderly homeowners, senior citizens, disabled homeowners, age 65 or older, school finance, tax exemption increase, local school taxes, property tax exemption, homestead tax relief, voter approval, school district revenue, tax rollback, disabled persons exemption, El Paso

Transcript Highlights:

• There, I provided senior leadership on facilities management, fleet and surplus, construction, and continuity
• Commission Chair Marty and, uh, Senator Jasinski, at MMB we've not had an instance that would require
• that so at instance that would require that so at m&amp;b<00:19:18.720><c> the</c><00:19:18.840><c>
• As we go into this session, we have gone from a $5 billion structural surplus to a $5 billion deficit
• to A5 billion billion structural Surplus to A5 billion deficit<00:26:21.200><c> um</c><00:26:22.200>

Committee: Senate Finance

Keywords: 1187, senate, all

Transcript Highlights:

• Unadmitted surplus lines insurers that are really not that regulated.
• She went to a surplus lines carrier.
• It requires some level of hardening and defensible space. That's quite a dramatic step.
• Like, that is not required by law. It costs $20.
• A modern wildfire data system requires multiple tools.

Committee: Senate Insurance

Keywords: 987, senate, all

Transcript Highlights:

• It also changes some of the educational requirements.
• So it really addresses the membership of the committee and some of the educational requirements.
• Citizens pay more, businesses pay more, and in many cases, that money sits in surplus accounts.
• I, as the determining vote in my district, lived off of my surplus in my district.
• “I levied zero mills and ran my office off of my surplus.

Summary: The Ways and Means Committee met on March 26 and first reported favorably HB 287, which renews the Louisiana Tax Commission’s authority to levy certain fees used to fund its operations. The author and Tax Commission representatives said the fee supports the commission’s appeals and assessment work and is not a new charge. The committee then adopted a technical amendment and reported HB 553 favorably as amended; that bill expands the Assessor Certification Program Committee from 5 to 11 members and adjusts education and recertification requirements for assessors. The committee then took up HB 412, a constitutional amendment on property assessment and reappraisal. After an amendment in concept was adopted to remove the bill’s proposed 30-year homestead exemption, members questioned the remaining provisions, which would tie annual assessment growth to CPI and move the reassessment cycle from four years to five. The author, assessors, and local government representatives debated whether the proposal would create predictable tax growth or instead leave many properties assessed below market value and shift burdens to businesses and local services. The author ultimately voluntarily deferred HB 412 and its companion HB 340 for further work. Members next heard HB 514 and HB 961, both senior-property-tax measures, but both were voluntarily deferred after brief discussion and technical amendments. HB 514 would have created an optional additional homestead exemption for certain homeowners age 65 and older, phased in over time and tied to income and a surviving-spouse provision; HB 961 would have extended related eligibility to certain trusts. The committee also deferred HB 515, 543, and 540 to future meetings. Finally, the committee favorably reported HB 521 and HB 570, both dealing with millage and reassessment rules. Supporters, including local government and industry groups, argued the bills would give taxing authorities more flexibility to avoid being forced to levy the maximum millage simply to preserve future authority. Assessors and local officials explained current reassessment and roll-forward rules, while the author said the bills would reduce pressure to overtax residents and businesses. HB 521 was reported favorably, and HB 570 was reported favorably as amended after adoption of a six-part amendment set, mostly technical changes.