Transcript Highlights:

• It stalled in the Senate Finance, but Mr.
• Chair, it stalled in the Senate Finance for very good purposes.
• Then, when they were in the Senate and Senate Finance, by that time, Senate Finance was considering the
• Eventually, we got the FIR corrected, and Senate Finance...
• The same concern with Senate Finance.

Transcript Highlights:

• This is a meeting of the Health and Human Services Finance and Policy Committee.
• Uh, so we're seeing some healthier small groups choosing to self-fund, uh, eating the remaining pool
• sicker and more the remaining pool sicker and more expensive.<00:04:01.439> And<00:04:01.599>
• We've seen a 5-year increase finances.
• And then you also mentioned finances.

Keywords: 1187, senate, all

Transcript Highlights:

• <00:21:33.440> So, list for our jury pools as possible.
• So, list for our jury pools as possible.
• <00:36:08.880> Maybe said we can get a bigger pool. Maybe said we can get a bigger pool.
• terms of tax records and see if the pool terms of tax records and see if the pool is<00:36:29.359
• Now urgent. to the Senate Committee on Finance. All to the Senate Committee on Finance.

Keywords: 1187, senate, all

Transcript Highlights:

• I'm Donnie Quintana with the New Mexico Finance Authority. One microphone on at a time.
• I'm the Managing Director of Lending at the New Mexico Finance Authority.
• Primarily, our focus is to coordinate the financing.
• The finance authority representatives, Mr.
• We will be discussing finances more when the Department of Finance and Administration comes up next.

Transcript Highlights:

• Alex Schope, Department of Finance.
• Yes, the Department of Finance.
• We’ll start with the Department of Finance. Phil Osborne, Department of Finance.
• Anita Lee with the Department of Finance. Anita Lee with the Department of Finance.
• Paula, Finance.

Summary: The committee heard an overview of the May Revision’s Proposition 98 changes for K-12 and community colleges. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with higher guarantees in each year, full payment of the prior settle-up, and larger deposits into the school rainy-day fund. The LAO said the revenue and LCFF updates were reasonable, but urged caution about the settle-up approach and recommended using more of the available funding to protect ongoing programs and build budget resilience. Members focused heavily on the size of the proposed $3.9 billion settle-up, the $10.3 billion reserve deposit, declining K-12 enrollment, and how much of the new funding should be ongoing versus one-time. The committee then reviewed the community colleges portion of the budget. Finance described the May Revision’s higher SCFF COLA, additional funding for enrollment growth, a student support block grant, apprenticeship adjustments, and continued funding for deferred maintenance, Calbright, Common Cloud, and credit for prior learning. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the growth formula, and a COLA for Student Equity and Achievement. The LAO recommended prioritizing the statutory COLA increase, noted that more than half of districts are already above current-year growth targets, and said the new adult learner demonstration project should be rejected because districts already have tools to support similar services. Members also discussed a $52 million current-year apportionment shortfall, which Finance said was discovered too late for the May Revision and would need to be addressed later. Finally, the committee took up the proposed implementation of the federal Workforce Pell program. Finance proposed one-time funding for the California Student Aid Commission and Cradle to Career to build eligibility and data systems, along with trailer bill changes to set up state approval processes. CSAC said the program is promising but highly complex, that California lacks the needed infrastructure, and that the state will need emergency regulations, data linkages, and ongoing funding beyond the one-time proposal. The LAO agreed that some initial funding is needed but warned that the amounts and ongoing costs remain uncertain and that the Legislature should carefully draft the trailer bill language. Members asked about timing, other states’ actions, and how the state would ensure the program is ready for students and institutions.

Transcript Highlights:

• One being a pool, not unlike a backyard swimming pool.
• At the bottom of that pool, the fuel assemblies are sitting in there vertically.
• One being a pool, not unlike a backyard swimming pool.
• At the bottom of that pool, the fuel assemblies are sitting in there vertically.
• secondly once it's been in that uh pool secondly once it's been in that uh pool for<01:19:14.880

Keywords: 1187, senate, all

Transcript Highlights:

• An additional $1.4 million maintenance pool project supports facility and infrastructure needs in this
• > project<00:26:59.200> supports<00:26:59.840> facility<00:27:00.480> and pool
• project supports facility and pool project supports facility and infrastructure<00:27:01.440> needs
• , and 35.5 million in restricted pool, and 35.5 million in restricted funds,<00:40:52.560> and
• federal changes to Medicaid financing federal changes to Medicaid financing are<01:11:40.880>

Keywords: Several minutes after the convene vote and before the introduction failed to properly steam. This version was pulled from a local back up., 958, all

Summary: The House convened with 97 members present, declared a quorum, approved excusing absent members, and suspended the rules to allow co-sponsorships and vote modifications. The journal for February 25, 2026 was approved. The clerk also reported that the Senate had passed Senate Bills 98 and 122 and requested concurrence. The House then received second-reading reports on a range of bills, including measures on prison educational programs, respiratory care, dietitians, wildlife depredation, temporary structures, military families, civil rights, local boards of education, light pollution, controlled-substance prescribing licenses, youth health services, class sizes for exceptional children, the athletic trainer compact, limited commercial driver’s licenses, and Senate Bill 145 relating to the Department of Agriculture and Alcohol Beverage Control. Committee reports moved several bills forward, including the main budget bills House Bill 500 and House Bill 504, along with measures on workforce investment, data centers, domestic violence, guardians ad litem, domestic relations, health delivery and “food is medicine” initiatives, state personnel, open records, and fish and wildlife resources. House Bill 500 and House Bill 504 were taken from the Rules Committee and placed on the orders of the day. House Bill 500, the executive branch budget bill, was then taken up for third reading and explanation. Members presented extensive floor explanations of House Bill 500 and House Committee Substitute 1, describing it as a “good first draft” of the executive budget. Supporters said the proposal emphasizes restrained spending growth, base reductions with exemptions for key areas, employee salary increments, and deposits to the Budget Reserve Trust Fund for future one-time investments. They highlighted funding for K-12 education, postsecondary aid and workforce training, Medicaid and behavioral health, public health infrastructure, pensions, veterans, public safety, economic development, tourism, and state technology and facility maintenance. The budget substitute was adopted by voice vote, and the discussion continued with detailed descriptions of the bill’s provisions; no final passage vote was shown in the excerpt.

Transcript Highlights:

• program, we still would have to finance program, we still would have to finance um<00:58:14.400>
• finance finance about<01:13:35.679> some<01:13:35.920> of<01:13:36.000> those<01
• I'll come up with a better way finance.
• We are reconvening the Committee on Finance for budget briefings.
• <03:11:38.080> that all options to properly finance that all options to properly finance that

Keywords: 910, house, all

Transcript Highlights:

• Senate Bill 1888 by Sparks relating to constitution of the jury pool and juror qualifications in certain
• by Parker relating to transparency review and report on attendance credit under the public school finance
• Bill 1901 by Huffman relating to the administration of the Texas Opioid Abatement Fund Council to Finance
• revenue received from certain oversized or overweight vehicle permits to the State Highway Fund to Finance
• Senate Bill 2002 by Hughes relating to the issuance of gold and silver specie to Finance.

Transcript Highlights:

• Obviously, we'll work with the House Finance Committee and the Senate Finance Committee over the next
• committee and the with house finance committee and the Senate<00:08:36.800> finance<00:08:37.120
• Um, I just wanted to, on the bottom of page four going into page five, uh, there has been House Finance
• So don't think because a bill... whether they should come to finance or whether they should come to finance
• <00:55:17.480> and the system to broaden the pool and the system to broaden the pool and spread

Keywords: 1191, senate, all

Transcript Highlights:

• I'd like to call the meeting of the Minnesota Senate Health and Human Services Finance and Policy Committee
• In 2013, 176 million in EMH claims were covered by taxes to support this high-risk pool.
• the uh since the EMHA high-risisk pool the uh since the EMHA high-risisk pool was<00:43:05.359><
• <00:43:14.880> In<00:43:15.119> 2014,<00:43:15.760> the high-risisk pool.
• In 2014, the high-risisk pool.

Keywords: 1187, senate, all

Transcript Highlights:

• I also reviewed certain fiscal impact reports published by the Legislative Finance Committee and certain
• I also reviewed certain fiscal impact reports published by the Legislative Finance Committee and certain
• I also reviewed certain fiscal impact reports published by the Legislative Finance Committee and certain
• Just to introduce myself, Jennifer Fabian, I'm an economist with the Legislative Finance Committee.
• We are essentially a self-funded insurance pool, and those we cannot regulate as an insurance company

Summary: The committee’s final day focused first on a historical overview of New Mexico tax packages by Pam Stokes of Legislative Council Services. She described how tax packages have alternated over the decades between tax relief, revenue raising, and tax reform, with examples ranging from the creation of the gross receipts tax in 1966 to major packages in 1981, 1986, 1991, 1994, 2005, 2019, 2022, 2024, and the vetoed 2025 package. Members discussed how tax policy often tracks revenue conditions, how packages can combine increases and decreases, and how local government gross receipts taxes and hold-harmless distributions have affected communities differently. Several members reflected on past packages, especially the 2004 food tax repeal and the 2013 film tax and manufacturing changes, and noted that tax policy can have major economic and political effects even when it is not “sexy” legislation. The committee then heard a proposal to expand the health care practitioner gross receipts tax deduction to include co-insurance, and to extend the sunset date. Sponsor Senator Figueroa said the bill was intended to help recruit and retain medical providers and build on prior deductions for co-pays and deductibles. Testimony explained that co-insurance is the patient’s share after the deductible, that providers currently absorb the gross receipts tax on those payments, and that the proposal would cost about $30 million to the state plus about $20 million to municipalities and counties, with the exact fiscal impact likely to be updated. Members raised concerns about the effect on local governments, whether insurers could be required to reimburse providers, whether the bill would actually attract doctors, and whether better evaluation measures and sunsets should be added. The sponsor said the bill was part of a broader set of efforts to address provider shortages and that the discussion would continue. Representative McQueen then presented a bill to update the Land Conservation Incentives Act. He and conservation partners said the program has protected more than 500,000 acres but has not kept pace with rising land values, especially for irrigated agricultural land in the Middle Rio Grande. The proposal would increase the percentage of conservation value eligible for the credit, raise the per-transaction cap from $250,000 to $2 million, and make the credit refundable rather than only transferable. Testimony emphasized that the program is voluntary, keeps land in private ownership and production, and helps land-rich, cash-poor landowners preserve farmland and water rights. Members asked about average credit amounts, how easements work, whether landowners could effectively buy land and then use the credit, and whether there should be inflation indexing or a statewide cap. The discussion also touched on water rights, fencing, and the role of conservation easements in protecting agricultural land and compact water deliveries. Finally, Senator Sharer previewed his 2% tax proposal with a historical presentation on New Mexico tax law, using props to illustrate the evolution from early territorial tax codes to the modern tax system. He argued that the state’s current tax structure is overly complex and that recent federal changes have disrupted the personal income tax base. The committee did not take any votes on the day’s presentations; the meeting was primarily informational, with members offering feedback and raising policy concerns for future sessions.

Transcript Highlights:

• Barbara Dickens, General Counsel of the Finance Cabinet.
• Charles Bush, Interim Commissioner, Finance Facilities. Raise your right hand, please.
• facilities and the pool list are with facilities and support<00:06:36.479> services.
• Barbara Dickens, General Counsel of the Finance Cabinet.
• Charles Bush, Interim Commissioner, Finance Facilities. Raise your right hand, please.

Keywords: 958, all

Summary: The committee first approved contracts 98, 99, and 100, then heard from the Kentucky Department of Tourism on a contract with the United Kingdom and other European markets. Tourism officials said the state has had similar international marketing contracts since 2013, that international visitors spend about six times more per day than domestic travelers, and that the work includes marketing, public relations, familiarization trips, and media outreach. After questions about costs and effectiveness, the contract was approved by roll call. Members then reviewed Finance Cabinet facilities contracts 29 and 48 for engineering and architectural services tied to project design, including a specialized lab expansion project. The chair raised concerns that the fees seemed high for services that do not include construction, while the agency explained the work covers design for mechanical, electrical, plumbing, and architectural planning, and that the lab project’s specialized pathogen-related work limits the pool of firms. The committee voted to approve the contracts. The Attorney General’s office then presented an opioid abatement agreement. Senator Meredith asked how the commission coordinates with other state behavioral health efforts, and staff explained that the commission allocates settlement funds based on applications and includes related agency representation to help avoid duplication. The contract was approved. The committee also approved a behavioral health contract for 988 chat and text services, which will expand Kentucky-based crisis response coverage to 24/7 and move more of the state’s calls, chats, and texts from a national center to local specialists. A related amendment for the Voices of Hope overdose response contract was approved after staff said the increase simply extends services into the next fiscal year. Finally, the committee approved a DCBS contract for the Building Bridges Initiative, which provides training and peer mentoring for residential child care providers, and then approved three contracts for the Council on Developmental Disabilities. Those contracts were explained as necessary because the council is the designated state agency for federal DD Act funding, and one questioned item involving an advocacy and sexuality initiative was described as part of the council’s five-year plan focused on self-advocacy, systems change, and capacity building. The committee also discussed a food insecurity survey contract with a Kentucky nonprofit, with staff saying the organization was chosen for its statewide network and ability to gather raw data, while members raised concerns about whether the study should distinguish between lack of food and poor diet. All of the reviewed contracts were approved by roll call.

Transcript Highlights:

• I am a certified government finance officer.
• It goes back into, they relinquish the funds back into a bigger pool.
• For instance, we have what we call a talent pool report.
• For instance, we have what we call a talent pool report.
• But for me, the way I've always done it is based on my talent pool.

Keywords: 977, all

Summary: The committee met to receive a detailed financial operations presentation from the South Carolina Vocational Rehabilitation (VR) agency, with staff walking members through funding sources, budgeting, accounts receivable, accounts payable, and grants management. Sabrina Walker explained VR’s blended funding structure, including federal grants, state appropriations, program income, and interagency contracts, and emphasized that state funds are essential to meeting the federal match and maintenance-of-effort requirements. Members asked repeatedly about transparency, audit controls, and the risk that state cuts could reduce federal drawdowns; staff responded that all reports reconcile back to the SCEIS accounting system, are subject to state audits and internal reviews, and that even modest state reductions could significantly reduce total available funding. The committee also discussed pre-employment transition services for students with disabilities, with staff confirming services are offered through school districts, charters, and private schools, and that contracts are monitored for performance and compliance. The presentation then shifted to budgeting and internal controls. Walker described a zero-based departmental budgeting process, monthly monitoring reports, contingency reserves for unexpected expenses, and a formal annual cycle that culminates in board approval. Members asked about facilities tracking, culture, and how the agency maintains accountability; staff said facilities staff inspect buildings and equipment, supervisors justify line-item requests, and the process has become smoother over time as departments learned the system. Cynthia Johnson followed with an accounts receivable overview, describing invoicing, receipting, aging, customer verification, year-end reporting, and the use of cross-training, shared email inboxes, and spreadsheets as checks and balances. She also explained work training center billing, interdepartmental transfers, and the revolving fund used to issue consumer checks more quickly than standard vendor payments. Olivia Perez presented accounts payable operations, including invoice processing through SCEIS and OnBase, the three-way match, travel reimbursements, revolving fund checks, State Treasury Office interactions, and handling of reversals, rejections, and levy notices. She reported that AP processed 67,723 SCEIS payments, 13,670 case management system invoices, 3,379 travel reimbursements, and 15,693 revolving fund checks in fiscal year 2025, with only 70 payment rejections. The final portion of the meeting covered Grants and Funds Management, where Walker explained federal reporting, drawdowns, payroll allocation, asset tracking, lease and IT contract reviews, cost allocation, and closing packages. She noted upcoming system changes such as S/4HANA, Workiva, and SC Pro, but said the agency is receiving training and feedback opportunities. No formal votes or legislative actions were taken during the presentation portion beyond approval of the prior minutes and a brief recess.

Transcript Highlights:

• Finance Committee is called to order. So we are going to have a work session today.
• But before we begin, I'd like to welcome our newest member to the Finance Committee, Representative Janice
• Well, I am excited to join the Finance Committee. My name's Janice Zahn [member_20877].
• And with that, House Finance is adjourned.
• And with that, House Finance is adjourn. Thank you.

Summary: The House Finance Committee held a work session that began with welcoming new member Rep. Janice Zahn, who introduced herself as representing the 41st Legislative District. The Department of Revenue then gave an update on the Antio-related legislation following the Washington Supreme Court decision and the 2025 session changes. DOR explained its voluntary disclosure program and the new expanded voluntary disclosure agreement for taxpayers with unreported investment income, including broader eligibility and interest/penalty relief, but said utilization has been minimal so far because additional implementation questions remain unresolved. The committee next received the annual update on the Working Families Tax Credit. DOR reported record participation in 2025, with about $205 million refunded through October and a major increase in applications after TurboTax added the credit to its filing software. Officials said most dollars went to households with children, outreach efforts remained important, and community partners and state agencies helped increase uptake. Members focused heavily on fraud concerns, especially tax preparers allegedly filing claims without applicants’ knowledge or diverting refunds; DOR said it is using fraud detection tools, training preparers, and trying to make applicants whole, but current law does not provide direct penalties against preparers. The final portion covered implementation of engrossed substitute Senate Bill 5814, which expanded sales tax to certain services. DOR described the new tax framework, its guidance process, and the large volume of ruling requests and outreach since the law took effect October 1. Committee members asked about fiscal assumptions, the scope of taxable services, and whether the department had revised its implementation estimates; DOR said the fiscal note assumed broad application absent explicit exemptions and that no expenditure revision had been made. In stakeholder testimony, Expedia and T-Mobile argued the law creates complexity and competitive disadvantages for Washington businesses, while a construction training provider said the tax raises tuition for workers seeking required certifications. School and nonprofit representatives said the tax will increase costs for special education services, arts programming, and other public-facing activities, and urged exemptions or further legislative fixes. The chair closed by noting the committee would revisit 5814 in the next session and then adjourned the meeting.

Transcript Highlights:

• That way, it gives the finance director of the state the flexibility of carrying to market.
• There’s another pool of money we can float those bonds, perhaps general obligation bonds.
• In fact, the finance directors have been quite creative in discovering and finding...

Bills: SB86

Keywords: independent contractors, portable benefits, employee benefits, tax deductions, employment relationship, 923, senate, all

Transcript Highlights:

• it gives our um self- insurance pools it gives our um self- insurance pools the<00:35:16.079>
• So those are two different finances.
• And as my colleague has mentioned, there are times that because their finances have been drawn on so
• are times that because their finances are times that because their finances have<01:52:00.880>
• , and her social security finances, and her social security representative<02:05:48.320> pay<02

Bills: HB0101, HB0062, HB0109

Keywords: guardianship, monitoring, ward protection, financial independence, case management, governmental claims, liability limits, inflation adjustment, public safety, local government insurance, property tax, tax exemption, homeowner, armed forces, residency requirement, 916, all

Transcript Highlights:

• and creative financing options to New Hampshire communities since 1983.
• and creative financing options to New Hampshire communities since 1983.
• The services for problem gaming is a set pool that's for all types of games.
• Limit increases, therefore, the amount in the pool for problem gambling increases.
• <01:24:04.840> again it's an so we'll go to finance again it's an so we'll go to finance again

Keywords: 1191, senate, all

Transcript Highlights:

• Uh, legislative finance Committee investment pension performance report.
• I'm an economist at the Legislative Finance Committee. Um, thank you for having me to present.
• I think about it the same way I manage my finances. First, we have our checking account.
• It's called the State General Fund Investment pool.
• I'm, uh, the legislative finance committee analyst for ERB and PEA.

Transcript Highlights:

• Our first order of business for the Judiciary Finance and Civil Law Committee is approval of the minutes
• Now imagine if that crime scene included maybe a pool of blood or some muddy footprints leading in a
• of blood or some muddy maybe a pool of blood or some muddy Footprints<00:32:13.960> leading<00
• and policy um yes that is my finance and policy um yes that is my motion<00:49:54.119> Mr<00:
• policy those in favor Families finances policy those in favor signify<00:57:28.000> by<00:57:

Bills: HF2233, HF1524, HF1893, HF1396, HF2456, HF2959, HF2300, HF2412, HF3022, HF2825, HF1862, HF1373, HF1039, HF3070

Keywords: Uniform Special Deposits Act, special deposit, banking law, financial institutions, escrow, escrow account, trust account, security deposit, beneficiary, depositor, creditor process, garnishment, attachment, levy, setoff, recoupment, financial market infrastructure, retirement benefits, compensation, earnest money