Transcript Highlights:

• The left two had a surplus in it at the time, and so just talk with him. Maybe I'm wrong.

Summary: The Select Committee on Pension Policy Executive Committee approved the June minutes and received a brief update from Assistant Attorney General Jesse Yoder, who had no litigation updates but offered to answer questions. Actuary Michael Harbour then previewed the September full committee meeting, which will include a report on the financial condition of the DRS-administered pension plans and the state actuary’s recommended economic assumptions. He also cautioned that any actuarial pricing done over the summer could change if assumptions are updated, and suggested taking votes on potential legislation later in the interim, possibly in November or December. A discussion followed about the Left 1 benefit improvement and where the funding came from. Harbour said the benefit tied to SSB 5791 (2022) was paid from the Left 1 trust fund, while a separate Left 2 benefit improvement was in SHB 1701, and he agreed to double-check the issue with DRS after members raised conflicting information. Members then discussed the broader Left 1 study, including whether IRS approval is a key barrier and whether options are limited to merger or closure. Several members asked to hear from Ice Miller, which has been advising on the tax issues, and staff said the committee should receive a written response in the next couple of weeks and could have Ice Miller appear in October. The committee reviewed and adjusted its interim work plan. September will include the actuarial presentations, a more detailed Left 1 study update, and a presentation on PERS and TERS Plan 1 COLAs, including a recap of the bill recommended this year and initial considerations for an ad hoc COLA. October is expected to include DRS administrative and performance updates, with November reserved for the State Investment Board update and a final Left 1 study update, and December may include an educational presentation on excess compensation. Members also requested a future briefing on the month-of-death benefit discussion. The September agenda was adopted, correspondence materials were noted, and the meeting adjourned.

Transcript Highlights:

• AB 1408, Irwin, surplus interconnection, do pass out on an A roll call.

Keywords: 988, house, all

Transcript Highlights:

• know, if the legislature can include an across the board pay raise in this biennum while we have a surplus

Transcript Highlights:

• If the legislature can include an across the board pay raise in this buy-in and while we have a surplus

Keywords: 1184, house, all

Transcript Highlights:

• And at the end of the day, New York City has a surplus of funds in terms of the balance in providing

Keywords: 993, senate, all

Summary: The Senate Standing Committee on Cities 1 met on May 14, 2026, with a quorum present and Chair Erik Bottcher presiding. The committee considered a series of bills affecting New York City and related tax, housing, and municipal issues. Early measures included a neighborhood small business rent increase exemption (S.1451A), notice to community boards before locating transitional housing (S.3884), a solar and energy storage tax abatement credit (S.4272A), towing protection enforcement (S.4793), safety policies and training for correction and health workers (S.543?), and a proposal to create the city of Staten Island (S.8578). Most of these bills were advanced to other committees after brief discussion and voice votes. The most extensive debate centered on S.8578, which would incorporate Staten Island as a separate city. Senator Lanza argued that Staten Island has long been neglected by New York City, cited past referendums and historical grievances, and urged the committee to let the bill continue through the process. Chair Bottcher and other members responded that Staten Island is an important part of New York City and discussed housing, transit, environmental preservation, and the City of Yes zoning changes; several members said they did not support secession but were open to continued conversation about Staten Island’s needs. After debate, the bill was defeated in committee. The committee also considered an artist housing preferences bill (S.9652), a facade-work tax abatement bill (S.9559), a parkland discontinuance measure (S.9987), and a credit/debit card surcharge prohibition bill (S.1005). S.9652, S.9559, S.9987, and S.1005 were reported out after voice votes. One homeless shelter placement bill (S.5554) failed. The meeting concluded after the final votes and adjournment.

Transcript Highlights:

• identified approximately 4,972 acres of the former inland area of the Concord Naval Weapons Station as surplus

Keywords: 987, senate, all

Transcript Highlights:

• So we engaged in an exercise to look at how much surplus money we think we would have at the end of the

Summary: The Human Services Subcommittee met to receive an update from the new director of the Agency for Persons with Disabilities on implementation of House Bill 1103. The director said APD is working to update the funding algorithm through a contracted study due November 15, 2025, expand transparency on its website, launch an online crisis application by the end of 2025, improve client choice in qualified organizations and waiver support coordinators, and coordinate with AHCA on the managed care pilot and Florida HealthFinder listings for APD providers. He also said APD is working on family resource materials, a monthly newsletter, and stronger transition planning with DCF. Members asked about whether the new algorithm would include transportation and what services might change, but the director said the replacement model is still being developed and any new methodology would be implemented through rulemaking. Questions also focused on Family Care Councils, including the statewide council’s membership and appointment process; the director said the statute sets the process and APD is helping councils recruit and organize. On transparency, members praised the website improvements and asked for more interactive data tools. The director said APD would consider suggestions and continue expanding public reporting. The committee also discussed eligibility and waiver notices, including concerns about outdated language in APD letters and how autism cases are reviewed. The director said clinicians and behavioral analysts review cases and asked to see the specific letter. On the pre-enrollment list, the chair asked about the wait list, and the director said APD recently sent 5,612 service offers to people on the list and is working to better distinguish those who truly need services from those who do not. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• It not only helps those facing hunger but also supports local farmers by enabling them to sell surplus

Bills: HF2446

Keywords: agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant

Transcript Highlights:

• HO SIX POLICIES IS MORE COMPLICATED BECAUSE THERE IS A STRONGER OCCUPATIONAL NEED FOR THE SURPLUS MARKET

Keywords: 999, senate, all

Transcript Highlights:

• ways that you will be able to navigate the different challenges between having a $24 billion budget surplus

Bills: SCR7

Keywords: legislature, adjournment, permissions, Texas Constitution, session, legislative authority, 1185, senate, all

Transcript Highlights:

• raised by taxes or, oftentimes, looking back to your own districts, you'll probably see that year-end surplus
• raised by taxes or, oftentimes, looking back to your own districts, you'll probably see that year-end surplus
• 48.279> into<04:01:48.920> a<04:01:49.359> a<04:01:49.560> capital end Surplus
• is is put into a a capital end Surplus is is put into a a capital reserve<04:01:50.239> fund<
• You know, if there's year-end surplus, we're going to throw $100,000 into the special education trust

Keywords: 928, house, all

Summary: The committee heard testimony on House Bill 662, which would require public schools to include discussion of abortion procedures and show specified videos in health education classes. The prime sponsor argued the bill would ensure students receive medically accurate, age-appropriate, and nonpolitical information about abortion, saying the topic is important for informed decision-making and should be taught consistently statewide. He said the videos were intended for grades 9-12, that parents could opt out, and that the requirement was meant to supplement, not sway, students’ views. He also acknowledged the bill could be seen as limiting local control over curriculum and said the intent was to prevent the topic from being missed due to scheduling disruptions. Committee members questioned the sponsor about local control, the need for a video mandate, the source of his statistics, whether the bill could be biased or inflammatory, and whether the requirement should apply every year in high school. The sponsor said the videos were only a starting point, could be replaced by others, and were meant to be informational. He also said the bill was not intended to influence students’ decisions about abortion. Several supporters testified in favor, including representatives of New Hampshire Right to Life and others who said students should be told the “truth” about abortion and its consequences. They emphasized graphic or emotionally difficult aspects of abortion and argued that young people need this information to make informed choices. Opponents and skeptical witnesses raised concerns about prescribing curriculum, eroding local control, and the appropriateness of the material for younger high school students. The New Hampshire School Administrators Association said the bill was overly prescriptive, that health education standards are already set by the State Board of Education, and that the topics in the bill are not part of the current standards. That witness recommended the committee consider retaining the bill for further work or making it less prescriptive. No vote or final committee action was taken in the portion of the meeting provided.

Transcript Highlights:

• Um, we did have $18 billion surplus and we've had $9 billion worth of fraud that I think could have kept
• Um, we did have $18 billion dollar surplus<01:41:41.760> and<01:41:42.000> we've<01:41:
• 42.320> had<01:41:42.639> $9<01:41:42.960> billion<01:41:43.520> worth surplus
• and we've had $9 billion worth surplus and we've had $9 billion worth of<01:41:43.920> fraud<
• Minnesota taxpayers are also now concerned about rising tab fees, and there is a surplus of dollars in

Bills: HF3694, HF3844, HF4006, HF3785, HF3849, HF4102, HF3441, HF3507, HF3562

Keywords: transportation, tow trucks, variable message signs, road safety, emergency service, optometrist, window glazing, motor vehicle regulations, medical prescriptions, transportation safety, infrastructure, construction, appropriation, state project, motorized bicycles, motorcycles, electric vehicles, transportation regulations, safety standards, dealer license

Transcript Highlights:

• we've imposed on families here in the state in the past three years, on top of the $18.5 billion surplus
• we've imposed on families here in the state in the past three years, on top of the $18.5 billion surplus
• three years on top of the $18.5 the past three years on top of the $18.5 billion<01:13:27.360> surplus
• that<01:13:28.080> people<01:13:28.239> don't<01:13:28.400> know billion surplus
• that people don't know billion surplus that people don't know where<01:13:28.719> it<01:13:28.880

Bills: HF331, HF916

Keywords: school supplies, sales tax exemption, use tax, sales and use tax, back-to-school, classroom supplies, education tax relief, tax holiday, retail exemption, Minnesota sales tax, school materials, binders, calculators, notebooks, pencils, backpacks, book bags, local tax revenue, taxable sales base, income tax

Transcript Highlights:

• It’s very difficult, but I can’t not talk about having an $18 billion surplus last year and now we face
• The $18 billion surplus in the last biennium was mostly one-time money that was spent on ... uh in how
• Um, the, uh, the $18 billion surplus<02:08:51.119> in<02:08:51.360> the<02:08:51.599>
• > last<02:08:51.840> bienium<02:08:52.560> was<02:08:52.880> mostly surplus
• in the last bienium was mostly surplus in the last bienium was mostly one-time<02:08:54.159> money

Keywords: 1187, senate, all

Transcript Highlights:

• But that said, the surplus of the interest earnings right now is at a level that can more than adequately
• But that said, the surplus of the interest earnings right now is at a level that can more than adequately
• But that said, the surplus of the interest earnings right now is at a level that can more than adequately

Keywords: 1183, house

Transcript Highlights:

• interregional transfers of power from when power is needed in one area of the MISO region and there isn't a surplus
• 37:46.320> a of the Mso region uh and there isn't a of the Mso region uh and there isn't a surplus
• :37:48.079> can<00:37:48.240> be<00:37:48.400> sold<00:37:48.800> and Surplus

Keywords: 1187, senate, all

Transcript Highlights:

• generate revenue for maintenance and upkeep without relying on state funding by allowing the sale of surplus
• It also grants local governments broad discretion to rezone these surplus parcels in a manner that is

Summary: The Senate opened with prayer, the Pledge of Allegiance, and a series of recognitions for interns, staff, and guests. Members also honored retiring Senate staffer Susan Miller and recognized a veteran injured in combat. After routine announcements, the chamber moved to returning messages from the House and began taking up bills and amendments. The Senate concurred in House amendments and passed SB 118 on RV park assessments and SB 572 on ethics for public officers and employees, both by 38-0 votes. It then took up the elections bill, CS/CS/HB 991, which drew extensive debate. Supporters said it would strengthen election integrity by tightening citizenship verification and ID rules; opponents argued it would burden eligible voters, especially students, seniors, disabled voters, and others without the newly required documents. The bill passed 27-12. The chamber also passed the education package SB 182 after adopting a Senate amendment to the House amendment, and approved SB 474 on military affairs, SB 425 on historic cemeteries, HB 929 on local regulation of chickees, and HB 35/SB 1370 on habitual traffic offender designation, all with unanimous or near-unanimous votes. The Senate then considered SB 902/ HB 733, the Department of Health package. Members adopted an amendment and amendment-to-amendment that preserved most Senate provisions while modifying or removing several House additions, including some early steps and medical marijuana-related changes, and the bill passed 37-0. The chamber also began work on HB 905, the foreign influence bill, with a strike-all amendment offered to expand restrictions on foreign influence, sister-city agreements, linkage institutes, and related activities, but the debate on that measure was still underway when the transcript ended. Several other returning messages and bills were temporarily postponed, and the Senate recessed briefly before resuming business.

Transcript Highlights:

• So this $70 million is being set aside from fiscal 26 surplus that’s projected for the EFAs, and that
• “The $70 million is a contingency that would come from surplus.

Summary: The committee first considered revisions to the JBC rules, which staff said were all prompted by acts passed in the 2025 legislative session. The rules were adopted without objection. Members then received a balanced budget presentation from DFA Secretary Jim Hudson on the governor’s FY27 proposal, which he said was built around three priorities: limiting state government growth, continuing investments in education, and advancing income tax cuts. He highlighted major additions for education funding, EFA growth, pay plan costs, higher education productivity funding, drug task forces, corrections medical costs, the governor’s 1033 initiative, SNAP error-rate reduction, and Medicaid sustainability, while also explaining a new A/B funding category structure intended to prioritize recurring costs and preserve room for tax cuts. Members questioned Hudson about the cost of income tax reductions, the constitutional balanced-budget requirement, education funding, the Educational Adequacy Fund, Medicaid trust fund balances, and the impact of federal changes on Medicaid and SNAP. Hudson said each tenth of a percent income tax cut would cost about $58 million, the budget remained balanced, public education would still receive historic increases, and the Medicaid trust fund would be monitored closely with additional set-asides proposed. He also said the FY27 SNAP administrative cost increase would be about $18 million. The committee then heard from the Division of Higher Education, which reported institutions were 2.61% more productive overall and that the budget recommendation followed the statutory productivity formula. Questions focused on why some institutions were receiving decreases or large increases, how the formula works, and how the new return-on-investment metric and committee composition would affect future funding. The committee approved several higher education-related actions, including personnel changes for nine institutions and special language for North Arkansas College’s move into the University of Arkansas system. Staff then walked members through the higher education appropriation summary, explaining large percentage increases at several institutions were tied to federal funds or corrected carry-forward issues, including the U of A School of Mathematical, Sciences and the Arts, South Arkansas College, SAU Tech, ASU Mountain Home, and ASU Newport. Members also discussed UAPB’s 1890 extension program and the University of Arkansas Division of Agriculture’s land-grant matching funds; officials said UAPB’s recommendation was being aligned with actual spending and that the Division of Agriculture’s Smith-Lever and Hatch matches were included within its overall appropriation. The committee ultimately adopted the Higher Education Coordinating Board’s recommendations for all institutions and then moved on to the Department of Corrections section, with the chair outlining how the committee would proceed through those appropriations by section.

Transcript Highlights:

• So this $70 million is being set aside from fiscal 26 surplus that’s projected for the EFAs, and that
• “The $70 million is a contingency that would come from surplus.

Summary: The committee first adopted revised JBC rules, which staff said were updated to reflect legislation passed in the 2025 session. It then heard a presentation from DFA Secretary Jim Hudson on the governor’s proposed balanced budget for FY27, with no action taken. Hudson said the budget reflects three priorities: limiting state-government growth, continuing investments in education, and advancing income-tax cuts. He highlighted increases for education funding through EFAs, pay-plan costs for Corrections, DPS, and the Attorney General, higher education productivity funding, drug task forces, a Corrections medical contract, the governor’s 1033 initiative, SNAP error-rate reduction efforts, and an additional $100 million set aside for Medicaid sustainability. Committee members questioned the size of the tax cuts, the balance requirement, public education funding, Medicaid trust-fund levels, EFA funding, and the expected impact of new SNAP cost-sharing rules. The Division of Higher Education then presented its productivity-based funding recommendations. Officials said institutions were 2.61% more productive overall, with funding changes driven by a statutory formula that rewards degree production, underserved populations, and high-demand fields. Members asked about declines at UA Little Rock, the formula’s multipliers, the role of the Arkansas Access Act and a new return-on-investment metric, and how two-year colleges are adjusted for size. The committee also reviewed special items and approved two letters: one authorizing 17 net personnel changes across nine institutions, and another adding special language for North Arkansas College’s entry into the University of Arkansas system. The committee then adopted the Higher Education Coordinating Board’s recommendations for all institutions. A lengthy portion of the meeting focused on the University of Arkansas system, especially Fayetteville’s athletics funding and the broader impact of the House/NIL settlement. Chancellor Charles Robinson and system officials explained that the board had waived a longstanding campus transfer and directed the university to provide an additional $6 million to athletics, with some costs likely to be passed through to students but partially offset by existing budget growth. Members debated whether the university should prioritize academics or athletics, how the transfer originated, and whether the athletic changes would affect affordability. The committee also discussed the 1890 extension program at UAPB and the Division of Agriculture’s land-grant funding. UAPB officials said the state match is intended to be one-to-one, that the current recommendation aligns appropriation with actual spending, and that a $2 million set-aside remains available if needed. The Division of Agriculture later clarified that its Smith-Lever extension and Hatch research funds are part of the UA system’s separate budget and that the state matched about $6.2 million in federal extension funding last year. The committee then moved to the Department of Corrections. It approved G1, transferring 51 positions to the secretary’s office to activate a recidivism program, with an estimated cost of about $4 million. Staff then began walking through the department’s FY27 budget, noting an increase of about $8 million for administration and shared services, including a $170,000 sex-offender assessment appropriation moved under Act 723 of 2025 and roughly $6 million more for medical contracts. Questions on the Corrections budget had just begun when the transcript ended.

Transcript Highlights:

• The second part is you've been very generous with surplus money over the last several years, starting
• And I would argue it's the most important part because bonding at some point may reach capacity, surplus

Bills: SB36, SB88, SB92, SB97, SB48, SB55, SB58, SB76, SB93, SB89, SB60

Keywords: quantum technology, tax credit, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, foster care, income tax, guardianship, youth services, financial relief, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, tax credits