Video & Transcript : 'average allowed amount' :
Page 67 of 500
MN
Transcript Highlights:
- </c> And um the credit is allowed And um the credit is allowed if<00:14:25.560><c> you</c><00:14:25.680
- The federal government is increasing the amount, the maximum amount you can deduct or kind of put in
- The federal government is increasing the amount, the maximum amount you can deduct or kind of put in
- The federal government is increasing the amount, the maximum amount you can deduct or kind of put in
- </c><01:11:49.880><c> rates,</c> higher than average um housing rates, higher than average um housing
Committee:
Senate Taxes
Keywords:
property tax, tax refund, taxpayer relief, Minnesota taxation, one-time payment, taxation, property valuation, Tax Court, evidentiary standards, Minnesota Statutes, disparity reduction, aid payments, local government, funding, Fillmore County, education funding, managed forest land, classification, forest management plan, agricultural land
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Oct 8th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- And I will allow you all to introduce yourselves.
- What is the dollar amount? Madam Chair, Representative Herndon.
- I think that we average about three to four...
- The reason for this is that there is a base amount and an additional $40,000.
- That was a lot of information in a short amount of time.
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Mar 25th, 2026
Local Government
Transcript Highlights:
- The bill also makes a modest increase to the stipend amount from $100 to $200 per meeting.
- However, under current law, Allowing rates to remain steady.
- At the end, thank you for allowing me to present this very important bill.
- Of course, we want to ensure that the least amount of bureaucracy that we can have, the least amount
- state to remove some of these past-due amounts off their books.
Committee:
House Local Government
WA
Washington 2025-2026 Regular Session
House Postsecondary Education & Workforce Sep 24th, 2025
Transcript Highlights:
- Now we're approving eight on average.
- So it allows them to flex for project and economic trends.
- So it allows them to flex for project and economic trends.
- This averages out to over 110 per month.
- On average, the amount funded per person is about $600.
Summary:
The work session focused first on Washington’s apprenticeship system, especially building trades programs and support services. Labor and Industries staff explained how registered apprenticeship works in the state, including the role of the Washington State Apprenticeship and Training Council, the requirements for paid on-the-job training and classroom instruction, and the difference between apprenticeship and pre-apprenticeship. Panelists emphasized that apprenticeship is tied to actual jobs and training agents, and that many waitlists reflect a shortage of job openings and employer participation rather than a lack of interest. They also discussed youth apprenticeship, the growth of apprenticeship and pre-apprenticeship programs, and the use of Career Bridge and L&I’s database to help people find programs.
Representatives asked whether the state should expand apprenticeship programs and how people can find openings. Speakers said more programs alone would not solve the backlog without more employers signing on as training agents and more apprenticeship utilization on projects. The panel also highlighted the Constructed Career Initiative, a grant-funded navigation and support program that helps people enter and stay in building trades apprenticeships through outreach, case management, and wraparound aid such as transportation, tools, and work clothes. A related nonprofit, Build Up, described similar support services, including prison-based boot and PPE programs and assistance for reentry participants. The panel said these services are especially important because apprentices often face unstable income, housing, food, and transportation barriers.
The panel also discussed House Bill 2084 and the new Construction Training Pathway Oversight Committee, which is examining construction training in correctional facilities and how to create clearer pathways from prison-based training to apprenticeship, college, or work. Speakers said the committee is still in its early stages and will report to the legislature. The session ended with committee members thanking the panel and noting the importance of support services and referral networks for apprentices.
The meeting then resumed at Renton Technical College, where college leaders and faculty discussed serving non-traditional students. The college reported strong enrollment growth, a median student age of 30, a diverse student body, and high job placement rates, while also noting significant budget cuts and program reductions from the prior year. Health care and early childhood education programs were highlighted, including efforts to expand access through hybrid scheduling, evening and Saturday classes, Spanish-language offerings, and in-person wraparound support for admissions, financial aid, and registration. Faculty said these changes were driven by student data and were aimed at helping working parents, English learners, and other non-traditional students complete credentials and enter family-wage careers.
CA
Transcript Highlights:
- What I read was that the fund is not so great an amount.
- The amount put into the insurance fund for potential payout is much larger.
- claim amount is around $12,000.
- But I think allowing for that to be one of the paths would allow the Bureau to streamline where possible
- So the $300 amount would be the annualized version of that.
Summary:
The joint Sunset Review Oversight Hearing focused on the Bureau for Private Postsecondary Education (BPPE) and its reauthorization, operations, enforcement, fiscal condition, and student protections. Committee leaders and DCA officials praised the Bureau’s recent improvements in data systems, licensing, inspections, and enforcement, while noting the Bureau’s role has become more important as federal higher education oversight weakens. Bureau Chief Deborah Cochran said the agency has met its inspection mandate for the first time since the law was enacted, increased citations and disciplinary actions, reduced pending complaints, and used data tools to identify risk and monitor institutions more effectively.
A major portion of the hearing centered on student harm, especially school closures, transcript access, predatory recruiting, and the Student Tuition Recovery Fund (STRF). Members asked how the Bureau protects students when schools close, whether bad actors can reopen under new entities, and whether enforcement tools are strong enough. Cochran said the Bureau can cite, fine, place schools on probation, revoke licenses, and order refunds, but it is seeking new authority to deny approval to operators who previously closed schools improperly or failed to refund students. She also said the Bureau is tracking ownership data and is concerned about institutions targeting immigrant and visa students. On STRF, Cochran explained that the fund is currently healthy, assessments are at zero because the balance is above the statutory target, and the Bureau paid about 1,100 claims totaling roughly $17 million over the last four years. Several members questioned the fairness of the assessment structure and discussed alternatives such as surety bonds, but the Bureau said STRF is working well and no change is needed at this time.
Fee increases and the Bureau’s structural deficit were another major topic. Cochran said the Bureau reduced costs by eliminating positions, streamlining inspections, improving data analysis, and shifting some student-relief costs to STRF, but that legislative action is still needed to address the deficit. She said the proposed fees were based on workload analyses and that application fees generally match service costs, while annual fees are designed to cover most of the Bureau’s revenue needs. Some members and stakeholders criticized the proposed increases as too high, especially for out-of-state registration and campus fees, while others argued the Bureau needs sufficient resources to regulate effectively. Public commenters from private schools, Northeastern University, San Joaquin Valley College/Carrington College, and TICAS generally supported the Bureau’s mission and reauthorization, but urged changes such as risk-based oversight, better transcript protections, stronger limits on repeated provisional approvals, and more targeted fee and STRF reforms. No votes were taken, and the hearing ended with no formal action beyond discussion and receipt of testimony.
NH
New Hampshire 2025 Regular Session
House Finance Division III (02/21/2025)
Transcript Highlights:
- </c><00:33:57.279><c> of</c> equivalent amount of equivalent amount of Federal<00:33:59.320><c> and</
- </c> you know we we do I think a good amount you know we we do I think a good amount of<01:44:40.199>
- </c><01:58:56.520><c> equivalent</c> so 9% of the of the amount equivalent so 9% of the of the amount
- The amount that went from, say, the average case has gone from like 3,500; today we're paying over 9,000
- You're comparing the adjusted authorized amount, not necessarily the budget amount.
Summary:
The House Finance Division Three work session on February 21, 2025 focused on the Division of Medicaid Services budget. The chair opened with procedural guidance, noting the division’s role is to make recommendations to the full Finance Committee, that the budget must be balanced, and that members should track possible amendments ahead of a March 26 target for House Bills 1 and 2. Members also discussed the importance of using official budget documents and online resources, and the chair said no motions would be taken at this session.
A major early topic was concern over a five-point Medicaid policy document and the timing of House Bill 2. Representative Tarki objected that the document appeared to be an unofficial draft and argued that significant Medicaid policy changes should have been transmitted by February 15 under state law. He said the lack of an official, posted document raised transparency concerns because the changes could affect tens of thousands of residents. Committee leadership responded that the five-point document was a working document, that it would be posted online within minutes, and that House Bill 2 is often delayed while the Office of Legislative Services finalizes and formats the governor’s proposed trailer bill.
DHHS Chief Financial Officer Nathan White and Medicaid Director Henry Litman then began the budget presentation. White said the committee would use the PowerPoint as the document of record, starting with the governor’s operating budget pages 885-893, and noted that Medicaid is the largest accounting area in the state budget. He said the governor’s budget reflects about $60 million in reductions within the Medicaid area, with Granite Advantage handled off-budget and another $10 million in reductions there, for roughly a $70 million difference overall. Members asked whether the comparison was being made against an efficiency budget or a prioritized-needs budget, and White said the department could look at it different ways.
The presentation then outlined Medicaid’s role in New Hampshire: it provides health coverage, serves as the state’s direct interface with the federal Centers for Medicare & Medicaid Services, and helps finance related services such as long-term supports, school-based services, adult dental coverage, and re-entry programs for people leaving correctional settings. White also reviewed enrollment and program context, saying New Hampshire has about one in seven residents enrolled in Medicaid, making it the fourth smallest Medicaid program in the country by enrollment, and described recent efforts such as youth re-entry and the Medicaid unwind after the end of the federal continuous coverage period. He said the state had to process more than 238,000 redeterminations after the public health emergency and that the department tried to avoid unnecessary coverage loss during that transition.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/04/26
Jobs and Economic Development
Transcript Highlights:
- lowest amount in January, February, and March, which is when we pay out the largest amount.
- So that needs to be largest amount.
- </c> average uh weekly wage is for them. average uh weekly wage is for them.
- And then the average weekly wage, or average weekly wage, drives the average weekly unemployment benefit
- amount.
Committee:
Senate Jobs and Economic Development
CA
California 2025-2026 Regular Session
Joint Hearing Senate Health Committee and Assembly Health Committee Mar 10th, 2026
Transcript Highlights:
- We estimated consumers would, on average, see their monthly cost nearly double, a 97% increase on average
- Back in 2002, a worker would pay on average... ...to high out-of-pocket costs.
- Back in 2002, a worker would pay on average... ...health coverage.
- Good afternoon and thank you for allowing me to be here. My name is Yolanda Sandoval.
- There's a massive amount of administrative load, as Mr. Strimackays pointed out.
Summary:
The joint informational hearing focused on the cost of uncertainty in California health care, especially the effects of federal policy changes on coverage, access, and affordability. Opening remarks from committee leaders and members emphasized that California’s uninsured rate had fallen to historic lows under the Affordable Care Act and state policies, but that the expiration of enhanced federal subsidies, H.R. 1, and other federal regulatory changes could reverse those gains. Members repeatedly cited rising premiums, skipped care, medical debt, and the strain on low-wage workers, families, clinics, hospitals, and public programs.
The first panel reviewed the federal landscape and state response. A federal policy analyst described the ACA’s coverage gains and consumer protections, then outlined current threats: H.R. 1’s Medicaid and marketplace cuts, the end of enhanced premium tax credits, shorter open enrollment, more verification requirements, and changes affecting preventive services and vaccines. Covered California reported that the loss of subsidies is expected to nearly double average monthly premiums, reduce enrollment, and push more consumers into bronze plans with higher deductibles; it also noted that California’s $190 million affordability fund is helping the lowest-income enrollees. HCAI’s Office of Health Care Affordability explained its work on spending targets, market consolidation review, and primary care investment, saying the goal is to slow spending growth rather than impose price caps.
Committee members pressed witnesses on the practical effects of bronze plans, administrative burdens, immigration-related disenrollment, provider taxes, uncompensated care, and whether California can sustain current coverage levels without new revenue. Witnesses said bronze plans preserve essential benefits but shift more costs to consumers, and that H.R. 1’s verification and auto-renewal changes will likely reduce enrollment. They also said provider tax reductions could significantly weaken state financing over time, and that higher uninsured rates may increase uncompensated care and pressure premiums elsewhere in the system. The second panel, featuring UC Berkeley Labor Center and California Health Care Foundation experts, highlighted broader affordability problems across job-based coverage and Medi-Cal, citing medical debt, skipped care, and the role of underlying system costs, administrative waste, and lack of competition. They pointed to medical debt relief efforts such as Los Angeles County’s program as a short-term mitigation strategy while the Legislature considers longer-term policy and budget responses.
AZ
Arizona 2026 Regular Session
02/19/2026 - Joint Legislative Audit Committee
Joint Legislative Audit Committee
Transcript Highlights:
- So we're looking specifically at how that reserve amount changes over time.
- And I also thank you for allowing me to go first.
- We've had an 8% average annual increase in our utilities, primarily in electricity.
- The state’s average is 40%. When you back us down to 40%, we are pretty much at the state average.
- Now, that’s not to say that the state average is good, right?
Committee:
Joint Joint Legislative Audit Committee
Summary:
The committee first heard a follow-up on the Arizona State Board of Chiropractic Examiners special audit. The Auditor General’s contractor reported that the board has made progress on most of the 28 recommendations from the 2024 audit, with 25 in process and three not yet implemented. Remaining concerns included complaint investigations not being resolved within 180 days, continued open meeting law compliance problems, and failure to consult the Attorney General’s open meeting law experts. The follow-up also identified new issues with posting disciplinary/non-disciplinary actions and maintaining a complete public records request log. Board staff said they had adopted new complaint timelines, subpoena limits, conflict-of-interest procedures, public meeting guidance, training, and a new licensing platform, and they described efforts to professionalize investigations and improve transparency. Members pressed the board on open meeting violations, complaint backlogs, lobbying activity, and the resignation of the board chair, while the executive director said the audit findings were being treated as a roadmap for reform.
The committee then received the January 2026 Arizona school district financial risk analysis. The Auditor General’s office said the number of highest-risk districts rose from two to nine, and districts approaching highest risk increased from seven to nine. The report highlighted common risk factors such as declining student counts, budget reserve problems, use of capital funds for operations, and weakening general fund positions. Tucson Unified was used as an example of a highest-risk district, with declining enrollment, reserve declines, and capital funds redirected to operations; Scottsdale Unified was cited as approaching highest risk. The office explained its web-based dashboard, district action plans, and ongoing outreach to affected districts.
Sierra Vista Unified School District superintendent Terry Romo then presented the district’s response to its financial risk designation. She said she inherited the problems, quickly developed an action plan, and is working to stabilize enrollment, reduce staffing through attrition, close an elementary school, freeze nonessential spending, tighten purchase controls, and renegotiate or cancel high-cost contracts. She also said the district is redirecting DAA funds, considering sale or lease of property, and improving communication with families through letters, videos, and enrollment outreach. Committee members questioned the district about declining enrollment, school safety, academic performance, and the pace of corrective action, while Romo emphasized that the district is trying to protect both students and finances and avoid returning to the high-risk list.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Committee Feb 18th, 2026
Budget and Fiscal Review
Transcript Highlights:
- And that is the base amount, which is a steady amount that is deposited each year into the BSA and excess
- And that is the base amount, which is a steady amount that is deposited each year into the BSA and excess
- average, those all go into the reserve.
- We think this is almost certainly allowable under Proposition 2, likely allowable under SAL as well,
- So that is a great idea to sort of allow for this extra firepower to...
Committee:
Senate Budget and Fiscal Review
Summary:
The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with presentations from the Legislative Analyst’s Office, the Department of Finance, Practical Idealism Economics, and the California Budget and Policy Center. The LAO explained that California’s revenue volatility is driven largely by the personal income tax and high-income capital gains, and described how Proposition 2 deposits work, the 10% cap on the BSA, and the LAO’s evaluation that the current policy would cover only about 30% of funding shortfalls over 50 years in an unfavorable benchmark scenario. The LAO recommended raising the cap to 50% over time and either adopting broader deposit rules or depositing all excess capital gains. Finance said the administration had proposed raising the cap to 20% and excluding reserve deposits and withdrawals from the state appropriations limit. The Budget Center supported reserve reform but stressed balancing savings with current service needs and noted other tools such as revenue changes, borrowing from special funds, and the new Projected Surplus Temporary Holding Account.
Committee members debated the purpose and adequacy of reserves, the role of the state appropriations limit, and whether reserves should be paired with broader fiscal reforms. Several senators argued that reserves are needed to preserve core services during downturns and that the current system is too complicated and too small, while others emphasized the need to protect spending on health care, child care, and other services for working Californians. There was also discussion of infrastructure spending as a possible countercyclical tool and whether deposits for infrastructure should be treated differently under reserve and SAL rules. The LAO said the Legislature has flexibility in defining infrastructure spending and suggested an infrastructure fund could function as a separate reserve-like mechanism.
A significant portion of the hearing turned to broader tax and budget policy, including repeated references to Proposition 13, the state’s revenue structure, business departures, unemployment insurance financing, and the impact of inequality on California’s fiscal resilience. Some members argued Prop. 13 was driven by affordability concerns for homeowners, while others said it created loopholes that benefit corporations and constrain local revenue. The hearing did not take any vote or formal action; it remained informational, with the chair indicating the committee would continue questions and public comment after the panel discussion.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Feb 12th, 2026
Joint Committee on Revenue
Transcript Highlights:
- That allows us to take advantage of that and grow.
- And allows them to see a path forward. Thank you so much.
- The average salary would be $125,000. And it does research.
- As the gentleman said, we tax on the, you know, the average sale nationwide.
- But with those changes, it becomes confusing to the average consumer.
Bills:
H4975
Committee:
Joint Joint Committee on Revenue
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 Apr 28th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- , a similar amount of gas tax that regular drivers pay.
- amount people need to drive to live.
- Interestingly, if we can do this and reduce the average amount people need to drive, there are all kinds
- Passenger vehicles are the lion's share of this amount.
- About doing other things is allowing for offsets.
NM
New Mexico 2025 Regular Session
House - Health and Human Services Mar 5th, 2025
House Health & Human Services
Transcript Highlights:
- So pharmacies would have their kind of daily average plus three extra doses.
- It focuses on the average, on their average need, so they will know what the prescriptions have been
- So, you are asking pharmacies to take last month's average and add three.
- Do they request a number over the average?
- A relatively smaller amount of understanding is needed.
Committee:
House House Health & Human Services
CA
California 2025-2026 Regular Session
Assembly Floor Session Apr 20th, 2026
California House Floor Meeting
Transcript Highlights:
- Please allow me to be clear. This resolution doesn't seek to reopen old wounds.
- But the citation came in the mail soon after, with a total amount of $486.
- But the citation came in the mail soon after, with a total of amount, $486.
- But for the average Californian going to the gas pump, for the average American going to the gas pump
- For the average Californian going to the gas pump, for the average American going to the gas pump, this
AZ
Arizona 2026 Regular Session
02/04/2026 - Senate Public Safety
Senate Public Safety Committee of Reference
Transcript Highlights:
- It seems on paper we are about $8,000 below the average.
- The average pay in the Valley is about $108,000 for officers.
- We are $8,000 behind the average, so 7.5% — that's quite a bit behind.
- Also, the average age of the new hires is... the youngest is 18 years of age.
- Our governing documents don't allow that.
Summary:
The committee first heard SB 1452, which would create a cargo theft task force in the Attorney General’s office to coordinate with federal, state, and local law enforcement on theft and fraud involving cargo and freight. The Arizona Trucking Association supported the bill, describing cargo theft as organized and rapidly increasing. The committee reported SB 1452 out with a due pass recommendation on a 7-0 vote.
Members then considered SB 1048, a $36 million appropriation for Coconino County to build a new juvenile court services facility and convert the existing juvenile detention center into a detox, sobriety, and crisis recovery center. The sponsor and supporters framed it as a juvenile services and recovery investment, while one member objected to funding one county in a tight budget year. The bill passed 4-3. The committee also heard SB 1092, which would prohibit early termination of lifetime probation for people convicted of dangerous crimes against children and apply the restriction retroactively. The sponsor argued it would keep child sex offenders under supervision, while opponents raised concerns about judicial discretion, retroactivity, and cases involving internet-related conduct or defendants with disabilities. After extensive testimony, the committee approved SB 1092 on a 4-3 vote.
The committee next took up SB 1391, which would direct AZ POST to create a pilot law enforcement stress management and mental wellness training program, with a $950,000 appropriation and a sunset date in 2029. Supporters, including law enforcement advocates, said it would help officers manage trauma, improve retention, and support families. The bill passed unanimously. SB 1401, creating a golf tournament charity special plate and fund to support youth athletic programs in Tucson, also passed unanimously after brief supportive testimony from the Tucson Conquistadors.
On SB 1314, a broad pay raise bill for probation staff, corrections, juvenile corrections, and DPS employees, supporters argued that recruitment and retention problems and vacancies justified the increases. Some members supported the concept but noted uncertainty about the cost and the broader budget picture. The bill passed 5-1. The committee then heard SB 1071, which would repeal statutory provisions relating to the Arizona Rangers. Testimony split sharply: the sponsor and some former members argued the organization lacked transparency and accountability, while current and former Rangers said the bill would undermine an important volunteer public safety auxiliary. Rather than vote, the chair held SB 1071 for further discussion and possible amendment. Finally, the committee began SB 1400, which would allow law enforcement agencies to establish confidential wellness and peer support programs for employees exposed to trauma; supporters said confidentiality is needed to encourage officers to seek help, and the roll call had begun when the transcript ended.
HI
Hawaii 2026 Regular Session
CPN, CPN, CPN Public Hearings 02-25-2026
Transcript Highlights:
- allows a captive to cover public the allows a captive to cover public the public. public. public.
- </c><00:20:09.360><c> for</c> allows for this but like allows for allows for this but like allows for
- Allows for reasonable disaster.
- </c> you allowing the question. you allowing the question.
- </c> use would allow us to round up and down. use would allow us to round up and down.
Summary:
The committee first took up a short-form administrative licensing measure requested by the administration to correct and clarify renewal provisions in a prior bill. Members raised no questions, and the committee voted to adopt the proposed Senate draft and recommit the bill back to the Commerce and Consumer Protection Committee for a further public hearing.
The committee then heard SB 2876 on natural hair braiding, which would exempt natural hair braiders from licensing under certain conditions. The Board of Barbering and Cosmetology said it views hair braiding as within the broader scope of cosmetology, but agreed that people who only braid hair should not need a license because the training and exam requirements are minimal. The board warned, however, that exempting braiders could create consumer protection gaps involving sanitation, training, and enforcement, and noted that related services such as waxing, cutting, coloring, shampooing, and relaxing would still require licensure. Supporters included the Grassroot Institute of Hawaii and the Institute for Justice.
The committee also heard SB 2950 on captive insurance and SB 2951 on insurance proceeds. On SB 2950, the Insurance Division opposed the bill, saying captive insurance is designed for formal self-insurance for companies and that allowing captives to insure the public would not fit the existing regulatory framework; a fire survivor advocate supported the measure as a way to expand disaster-related insurance options. On SB 2951, which would require mortgage servicers to follow certain rules for disbursing insurance proceeds after residential damage or destruction, United Policy Holders strongly supported the bill, citing delays in releasing funds and the need to help survivors rebuild, while banking and financial industry groups submitted opposition or comments.
Finally, the committee heard SB 2952, SB 2960, and SB 2964, all related to property insurance and disaster recovery. SB 2952 and SB 2960 would extend the time policyholders have after a declared disaster to submit documentation and recover replacement cost value, with supporters arguing that rebuilding after major disasters takes far longer than standard policy deadlines allow and that the bills would improve consumer protection and transparency; the Insurance Division, the Insurance Council, and national insurance groups opposed the measures. SB 2964 would require annual disclosures of replacement cost value and coverage sufficiency; the Insurance Council opposed it as costly and unnecessary because policies already include inflation-related adjustments, while United Policy Holders and fire survivors supported it, saying many homeowners are underinsured and do not understand their coverage.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 01/23/25
Health and Human Services
Transcript Highlights:
- You know, our budget has grown, and the amount of claims that we're paying, the amount of providers we're
- You know, our budget has grown, and the amount of claims that we're paying, the amount of providers we're
- </c> we we've had a relatively stable amount we we've had a relatively stable amount of<00:52:10.119>
- </c> know our budget has grown and the amount know our budget has grown and the amount of<00:52:24.760
- of</c> we're paying that means the amount of we're paying that means the amount of providers<00:52:27.720
Committee:
Senate Health and Human Services
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Committee Feb 18th, 2026
Transcript Highlights:
- And that is the base amount, which is a steady amount that is deposited each year into the BSA and excess
- So I will not go into a huge amount of detail unless it's in response to questions.
- And that is the base amount, which is a steady amount that is deposited each year into the BSA and excess
- average, those all go into the reserve.
- We think this is almost certainly allowable under Proposition 2, likely allowable under SAL as well,
Summary:
The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with opening remarks focused on the state’s long history of revenue volatility and the role reserves play in smoothing downturns. The Legislative Analyst’s Office explained that California’s personal income tax base is highly volatile because high-income earners’ income is tied to capital gains and other fluctuating sources, and that Proposition 2’s current reserve rules set aside 1.5% of General Fund revenues plus a share of excess capital gains, but cap constitutional deposits at 10% of General Fund taxes. The LAO said its analysis evaluates reserve policy over decades and found the current system would cover about 30% of funding shortfalls in a 90th-percentile downturn scenario over 50 years, which is an improvement over no reserve but still inadequate.
The LAO recommended raising the reserve cap substantially, ultimately to 50% by 2055, with an immediate increase to 20% and gradual increases thereafter. It also suggested either replacing Proposition 2’s deposit formulas with broader rules that capture volatility across all tax revenues or, alternatively, depositing all excess capital gains rather than only a share. The Department of Finance said the Governor’s prior proposal similarly sought to raise the cap from 10% to 20% and exclude reserve deposits and withdrawals from the state appropriations limit, arguing those two constraints limited the state’s ability to save during recent revenue surges.
Other panelists and members discussed whether reserves should be paired with broader structural changes, including unemployment insurance reform, safety-net funding, infrastructure reserves, and the projected surplus temporary holding account. The California Budget and Policy Center supported reserve reform but emphasized balancing savings with current needs and noted other tools such as revenue increases, borrowing from special funds, and the new surplus-holding account. Members debated the causes and effects of Proposition 13, the appropriations limit, business departures, and whether reserve policy should be more directly tied to protecting Californians’ access to health care, food assistance, child care, and other core services. No votes or formal actions were taken, as the hearing was informational only.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Families and Children.(3-10-26)
Families & Children
Transcript Highlights:
- If you think an average,<00:18:27.880><c> we</c><00:18:28.040><c> have</c> average, we have average,
- ,</c><00:18:39.880><c> one</c> If you think based on that average, one If you think based on that average
- </c> contract with a third-party to allow contract with a third-party to allow them<00:43:05.560><c>
- And so, this would increase that amount to 10%.
- </c> The model simply does not allow The model simply does not allow providers<00:52:32.600><c> to</c
Committee:
Senate Families & Children
AZ
Transcript Highlights:
- It seems on paper we are about $8,000 below the average.
- The average pay in the Valley is about $108,000 for officers.
- We are $8,000 behind the average, so 7.5%—that's quite a bit behind.
- Also, the average age of the new hires is, at the youngest, 18 years of age.
- Our governing documents don't allow that.
Keywords:
juvenile services, Coconino county, rehabilitation, detox center, financial appropriation, Arizona Rangers, statutory repeal, security, state law, regulatory changes, probation, dangerous crimes, children, Arizona Revised Statutes, criminal justice, juvenile offenses, appropriations, salary increase, corrections, public safety