Video & Transcript Research : 'surplus distribution'

Page 73 of 389
NH

New Hampshire 2026 Regular Session

Senate Education Finance (04/13/2026)

Education Finance

Transcript Highlights:
  • wanted to speak to, at the public hearing for SB 101, Senator Lang testified that we had $100 million surplus
  • 00.240> million Lang testified that we had 100 million Lang testified that we had 100 million surplus
  • 02.000> education<00:52:02.640> trust<00:52:02.960> fund<00:52:03.280> for surplus
  • in the education trust fund for surplus in the education trust fund for open<00:52:03.839> enrollment
Keywords: 1191, senate, all
HI
Transcript Highlights:
  • we're just going to increase costs so much that we're going to probably force business back into the surplus
  • probably force business back<00:37:47.440> into<00:37:47.599> the<00:37:47.760> surplus
  • <00:37:48.160> lines<00:37:48.480> market, back into the surplus lines market, back
  • into the surplus lines market, which<00:37:48.960> I<00:37:49.119> don't<00:37:49.200>
Keywords: 912, senate, all
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

House Taxes Committee considers HF169 3/11/25

Transcript Highlights:
  • But when we had an $18 billion surplus, there was still no relief for veterans.
  • c><00:58:06.200> an<00:58:06.640> $18<00:58:07.839> billion<00:58:08.880> Surplus
  • <00:58:09.880> there when we had an $18 billion Surplus there when we had an $18 billion Surplus
Keywords: 919, house, all
Summary: The committee took up House File 169, which would change the tax structure for charitable gambling. Representative Robbins offered and the committee adopted the A1 author’s amendment, described as a technical correction to ensure sports-themed tip boards are not inadvertently taxed under the bill. Robbins then presented the bill as a way to replace the current tiered combined net receipts tax on charitable gambling with a flat 5% rate, arguing charities were being overtaxed and that prior promises of relief had not been fully delivered. Chair Stevenson pushed back on several of Robbins’ factual claims, correcting the record on the status of E-pull tabs, the share of charitable gambling revenue they represent, and the amount of tax relief already enacted in 2023 and 2024. He said E-tabs were not eliminated, that the revenue split between paper pull tabs and E-tabs is closer to 45/55, and that charities had already received a $15 million tax cut plus savings from reduced developer fees. Robbins responded that the changes still significantly reduced revenue and that the bill was intended as a middle-ground approach. Testimony largely came from charitable gambling and veterans groups in support of the bill. Rachel Jenner of Allied Charities of Minnesota said nearly 1,000 charities depend on charitable gambling, cited high taxes and fees, and said many organizations were seeing revenue declines after the new E-pull tab rules took effect. Dr. Christy Jano of the American Legion Department of Minnesota said charitable gambling funds support veterans, youth, and community programs, and that a flat 5% tax would help posts continue those efforts. Members asked about the size of the revenue drops and how much gambling proceeds go to overhead and operating costs; Jenner said the losses varied by organization and that it was too early to know the long-term effect, while Jano said some expenses are used for property taxes and building upkeep. The committee then moved on to additional testimony, including Tim Angstrom, but no final vote on the bill was taken in the portion provided.
NH

New Hampshire 2025 Regular Session

House Finance (02/14/2025)

Transcript Highlights:
  • Paying for that pay raise with surplus funds instead of revenue from the current biennium put an undue
  • important uh paying for that pay raise important uh paying for that pay raise with<00:03:22.799> surplus
  • funds<00:03:24.400> instead<00:03:24.760> of<00:03:24.959> revenue with surplus
  • funds instead of revenue with surplus funds instead of revenue from<00:03:25.519> the<00:03:25.680
Keywords: 928, house, all
Summary: The Finance Committee heard a briefing from the governor on her recommended fiscal years 2026-2027 budget. She described it as a “recalibration” that reduces general fund spending by about $150 million from the prior budget, avoids tax increases, and aims to protect vulnerable residents while supporting the economy. She said the proposal addresses a projected current-biennium deficit, cites lower-than-expected revenues and off-budget spending, and includes a hiring freeze and other spending reductions. The governor also said the budget is built on current revenue estimates developed with the Department of Revenue Administration and the state’s chief economist. Major policy areas discussed included education, public safety, health and human services, housing, and workforce development. The governor said the budget increases spending on public education and special education, expands Education Freedom Accounts to public school students, funds a cell-phone-free classroom grant program, continues the community college tuition freeze, and supports workforce training. She also highlighted investments in the Group II retirement system for first responders, Northern Border Alliance and drug interdiction efforts, child advocacy and victim services, mental health services, developmental disability services with no wait list, and a streamlined housing permitting process with a 60-day review target. Committee members raised questions about the fiscal assumptions, the impact of possible federal funding changes, the Education Freedom Account expansion, dam infrastructure funding, and workforce issues such as state employee pay and vacant positions. The governor said the budget continues funding for federal programs currently assumed, and that she would advocate for block grants and other federal flexibility. On dams, administration officials said the budget includes about $13 million in capital funding, with possible fee increases under consideration. On staffing, the governor said the budget funds the previously bargained 12% state employee increase, includes eight position reductions tied to program changes, and would allow those employees to be rehired if openings arise. No votes or formal committee actions were taken during the briefing.
TX

Texas 89th Regular

Appropriations - S/C on Article III Feb 24th, 2025

Appropriations - S/C on Article III

Transcript Highlights:
  • So I would ask you please use the $22 billion budget surplus to help provide school districts the resources
  • We do, we did have a surplus last session and we've got $20 billion this year, which is already spent
  • God knows how many billion dollar surplus would be going to it.
Keywords: 1184, house, all
AR

Arkansas 2026 Regular Session

BOYS STATE May 29th, 2026

BOYS STATE

Transcript Highlights:
  • But at the same time, those things can be fixed over time with the state surplus that we can use for
  • We are actually in a surplus of $367 million. $167 million.
Summary: The meeting opened with remarks to Arkansas Boys State delegates about leadership, public service, and the significance of the Capitol, followed by prayer, attendance, and announcements that both chambers were organized and ready for business. The House then considered House Bill 1001, which would have increased funding for rural health care through a 10% tax on people earning at least $300,000; supporters argued it would improve access and quality in rural areas, while opponents raised concerns about fairness, funding, and driving away doctors and taxpayers. The bill failed, 24 yeas to 51 nays. House Bill 1002, aimed at funding more teachers for rural school districts and limiting how many subjects a teacher could be assigned, drew debate over teacher burnout, funding, and whether it would improve outcomes; it passed after immediate consideration, 38 yeas to 36 nays, though the transcript later includes a conflicting note that it failed. House Bill 1003, the Arkansas Data Centers Act of 2026, would let counties restrict data centers and impose a 10% tax for conservation; supporters emphasized local control and resource protection, while opponents warned about jobs, economic loss, and federal issues. It passed 62 yeas to 7 nays. House Bill 1004, reducing motor vehicle registration fees, was debated as a way to ease costs for families but criticized for reducing transportation funding; it failed, 20 yeas to 46 nays. The chamber then moved to Senate bills. Senate Bill 1 proposed incentives tied to SNAP benefits and healthier food purchases, including a Double Bucks-style program; supporters said it would help address food insecurity and obesity, while opponents objected to taxing junk food and burdening non-SNAP users. It passed 43 yeas to 27 nays. Senate Bill 2 would require reading tests in earlier grades and provide state tutoring for students who fail; supporters said it would address literacy problems early, while opponents wanted clearer provisions for older students and more detail on implementation. It passed 67 yeas to 6 nays. Senate Bill 3, the Freedom to Earn Act, would lower the individual income tax rate from 3.7% to 3.0%; supporters said it would help working families and attract business, while opponents argued the benefits would mostly go to corporations and wealthy executives. It passed 53 yeas to 15 nays. Senate Bill 4 created a zoning grant program to encourage mixed-use development in growing cities, funded by a 1% hotel tourism tax up to $50 million; supporters said it would promote housing, small business growth, and downtown revitalization, and it passed 51 yeas to 7 nays. The session ended with a motion to adjourn, which carried.
MN

Minnesota 2025-2026 Regular Session

House/Senate Republican Media Availability 4/.28/26 Apr 29th, 2026

Minnesota House Floor Meeting

Transcript Highlights:
  • As you well remember, we had $18 billion of surplus that was not returned to the taxpayers of Minnesota
  • Senate and we were working with, uh, across the aisle on that, uh, we had a good budget, we had a surplus
Keywords: 919, house, all
Summary: Republican legislative leaders reacted critically to Governor Walz’s speech, saying it was divisive and focused too heavily on Democratic priorities rather than unity or bipartisan work. Speaker Daudt and Majority Leader Liska argued the governor ignored the state’s affordability problems, including high property taxes, rising business costs, and what they described as mandates imposed under full Democratic control. They also said the speech downplayed poor educational outcomes and failed to offer a unifying vision for the final weeks of session. A major theme was fraud and accountability. Leaders said the governor waited too long to address the state’s large fraud scandal and then deflected blame to other states. They said Minnesotans want accountability and affordability, and they pointed to the House Fraud Committee and the Senate’s OIG bill as examples of anti-fraud work Republicans say Democrats have blocked. They also criticized the governor’s tax proposals as a “bait and switch,” arguing that promised tax cuts would be offset by new taxes on services and banking fees. The discussion also touched on school safety, gun policy, child care credits, and the HCMC bailout. Republicans said they were willing to work on bipartisan school safety measures, including mental health supports and funding for public, private, and charter schools, but believed gun-control proposals lacked the votes. On the child care credit, leaders said they would keep evaluating it but were concerned about future deficits and the need for a pay-for. In response to questions, they said they were not surprised HCMC was not mentioned and said conversations were continuing. One leader also objected to the governor’s comments about voting access for people of color, calling them disrespectful.
TX

Texas 89th Regular

Senate Session (Part I) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • These two facilities are or will be surplus and will no longer serve a purpose.
  • respect to the Texas State Library and Archives Commission to be able to either sell or lease the surplus
Summary: The Senate opened with a quorum, an invocation, and routine business including dispensing with the previous day’s journal, receiving a House message on HB 104/HJR 34, and a gubernatorial message naming two appointees to the Texas Real Estate Commission. The chamber also adopted several resolutions recognizing Alzheimer’s Advocacy Day, Golf Day in Texas, Cindy Ramos-Davidson, and the 50th anniversary of the Harris-Galveston Subsidence District. Members then adopted memorial resolutions honoring fallen first responders, including Deputy Jesse Ray Perez and Deputy Melissa Pollard, and the Senate agreed to adjourn in their memory. The Senate considered and passed several bills. SB 2199 increased penalties for loading overweight vehicles transporting hazardous materials; SB 1959 adjusted permit factors for the North Texas Groundwater Conservation District; SB 1376 changed supervision rules for code enforcement officer trainees; SB 2595 created a new offense for harassing, intimidating, or threatening someone while concealing identity with a mask or similar headgear; SB 1012 authorized sale or lease of certain surplus state property in Austin; SB 2245 revised bonded title procedures; SB 2605 created a municipal housing authority asset commission; SB 3044 expanded and adjusted the board of the Presidio County Underground Water Conservation District; SB 628 clarified county fire code enforcement authority through interlocal agreements; SB 2778 raised the spending threshold for emergency services district employees; SB 3039 addressed public higher education transfer issues; and SB 2523 allowed release from municipal extraterritorial jurisdiction by petition. Most of these bills were passed to engrossment, the three-day rule was suspended, and final passage was completed, often by wide margins. The chamber also took up SB 1844, which would require cities to provide services before expanding taxing areas into limited-purpose jurisdictions; a floor amendment narrowed the bill, and it was passed to engrossment. SB 2284 clarified municipal and county authority over firearms, airguns, archery equipment, and related items, and was passed despite opposition. SB 2529, dealing with the vote threshold for taxing units to adopt higher tax rates or issue tax bonds, prompted extended debate over voter approval and representative decision-making; after questions, the bill was passed to engrossment and held. At the end of the session, the Senate recessed for 20 minutes and announced it would meet as the Caucus of the Whole.
FL
Transcript Highlights:
  • President, it's was asking there's not an and can joining the 50% or a surplus of 500.
  • But at the end of the day, if we still have after we've done all that they can and are used are surplus
Keywords: 999, senate, all
US
Transcript Highlights:
  • We have a trade surplus with Australia, not a deficit. We have a trade surplus with Australia.
Summary: The meeting focused on significant strategic discussions regarding the U.S. Indo-Pacific Command and its military posture in the region. Admiral Paparo and General Brunson were commended for their services, with the Chair noting an alarming shift in the balance of power towards China. Key topics included China's aggressive military drills near Taiwan, the increasing coercion against the Philippines, and the need for the U.S. to reaffirm its commitments to its allies in the region. Concerns were raised regarding China's military modernization and its implications for U.S. forces, alongside discussions on North Korea's threats and its burgeoning nuclear capabilities. The committee emphasized the urgent need for military and defense appropriations to counteract these growing security challenges.
MN

Minnesota 2025-2026 Regular Session

Public Safety Committee Meeting - 2025-04-02

Public Safety Finance and Policy

Transcript Highlights:
  • We had an $18 billion surplus squandered, and we had $10 billion in taxes squandered—all of that before
  • If it's bad this year, just think what it's going to be... ...like when the projected surplus that has
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • office has gotten numbers in the past from EA about the excess funds, which we're told not to call surplus
  • Other than excess or surplus, but it's been in the billions of dollars in past years.
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/14/26

Taxes

Transcript Highlights:
  • The funds are distributed as grants on a geographic basis throughout Minnesota.
  • The funds<00:01:41.520> are<00:01:41.600> distributed<00:01:42.240> as<00:01:42.360
  • are distributed as grants on a geographic<00:01:43.520> basis<00:01:43.920> throughout
  • 98% of the funds being distributed 98% of the funds being distributed directly<00:02:06.880>
  • I guess but I have a distributed.
Summary: The committee first approved the April 9 minutes, then took up House File 2988, which would extend for eight more years a sales tax exemption tied to Minnesota State High School League tournament ticket revenue that is funneled into the league’s foundation and returned to schools as grants. Chair Youakim and Executive Director Eric Martins said the program sends more than $1.1 million annually back to schools for activity fee reductions, scholarships, coaching and training, AEDs, late buses, and other school needs, with over 98% of funds going directly to schools. Representative Huot and others spoke in support, while Representative Robinson questioned the structure and suggested the state could instead simply reduce ticket prices and not tax the tickets. The committee laid HF 2988 over for possible inclusion in the omnibus tax bill. The committee then heard House File 4906, as amended, which would create a one-time property tax refund in calendar year 2026 for owners of residential homesteads and the homestead portion of agricultural property, funded by a $4 billion appropriation in fiscal year 2027. The bill includes a clawback for delinquent taxpayers and offsets to ensure no one receives more in property tax refunds than they paid. A House Research staffer said the Department of Revenue viewed the refund as potentially taxable, while House Research said it likely should be treated as a recovery of prior taxes, and the two would follow up. The bill was introduced with testimony from Eric Bernstein of We Make Minnesota and Nan Madden of the Minnesota Budget Project, both of whom opposed it, arguing it would create a large budget hole, force future cuts, and disproportionately benefit homeowners while excluding renters and lower-income Minnesotans. Several members also raised concerns. Representative Hewitt said the state should prioritize public safety, rural EMS, and safety-net hospitals rather than a large rebate, and Representative Youakim argued the money would be better spent on longer-term property tax relief and education funding. Representative Hollins said the proposal would worsen racial and wealth inequities because homeownership is lower among communities of color and renters would get nothing. In response, the author and supporters said the bill is meant to put money back into people’s budgets and that individuals should be able to decide how to use their own money. The discussion continued with questions about the bill’s size and fiscal impact, but no final action on HF 4906 was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/25/26

Commerce Finance and Policy

Transcript Highlights:
  • coverage for these kinds of properties, they were typically not getting it from what's called the surplus
  • what's the the you have the uh surplus what's the the you have the uh surplus lines<01:14:41.760
  • But when you have to go from the standard products in the admitted market to the surplus lines market
  • , the surplus lines market is basically un...
  • The surplus lines market is basically unregulated, or minimally regulated.
Keywords: 1183, house
NM
Transcript Highlights:
  • with an STB capacity that's gonna be smaller than what you've been doing through using general fund surplus
Keywords: 996, all
ND

North Dakota 2026 1st Special Session

Government Finance Committee Jun 25th, 2026 at 10:00 am

Government Finance Committee

Transcript Highlights:
  • , similar to last time, and then this time providing a little bit of clarity on a formula-type distribution
  • This would be annual distributions that take place in January of each year, half of it in the first year
  • So we did not lock it down and say, for example, in that first part, it doesn't say 15% must be distributed
  • core regulatory fees, including company admissions, certificate of authority, producer licensing, surplus
  • things, it's a little frustrating that, you know, between Operation Prairie Dog, State Aid, revenue distribution
Keywords: 908, all
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 01/29/25

Taxes

Transcript Highlights:
  • you know, lots of unknowns there, of course, but the last line is that the interest that would be distributed
  • /c><00:36:49.760> be um the the interest that would be um the the interest that would be distributed
  • <00:36:50.560> to<00:36:50.800> school distributed to school distributed to school district
  • And I know we don't have a $19 billion surplus to do it right now, but we did at one point, and it would
Keywords: 1187, senate, all
NH
Transcript Highlights:
  • And we don't accumulate surplus like private insurers.
  • :31:06.480> we<00:31:06.720> don't<00:31:06.960> accumulate<00:31:07.600> surplus
  • And we don't accumulate surplus serve.
  • And we don't accumulate surplus like<00:31:08.799> private like private like private insurers.
  • Their policies must be accessible, so members are responsible for their deficits, and any surplus must
Keywords: 1189, house, all
Summary: The committee first took up SB 297 and a new amendment, 2462, which combined the original Senate bill with the Carson amendment and added a proposed alternative regulatory system, RSA 420R. The chair and members discussed that the amendment was intended to give the Senate what it had asked for while also creating a dual system for public entity risk pools. Members asked whether the new structure would affect ownership or governance of health trusts, and the chair explained that 420R would be a separate regulatory statute while existing 420J-style arrangements could remain in place. The committee also noted that a paragraph had been accidentally deleted from the amendment and that another amendment would be prepared to correct it, with the subcommittee recessed while that was done. Public testimony focused on School Care, represented by Executive Director Lisa Ducette, who opposed the shift to Department of Insurance oversight under 420R. She argued that public entity risk pools are not insurance companies, that they are accountable to member entities and taxpayers, and that the proposed dual regulation would add unnecessary costs through examinations, higher reserves, and additional accounting requirements. She said the change could threaten tax-exempt status and create an uneven playing field, and she urged the committee to support SB 297 with the Carson amendment instead of moving to 420R. Committee members questioned whether the amendment would actually affect pools that stayed under the Secretary of State model, and one member cited support from the New Hampshire Municipal Association for the dual system. The discussion then shifted to amendment 245 on ambulance reimbursement and contracting timelines. Members reviewed a provision giving insurers 45 days and ambulance providers 60 days in the contracting process, and one member suggested making both periods 60 days. The chair and others said the current language was intentional and part of a broader compromise aimed at ending balance billing and forcing insurers to establish reimbursement rates. Members noted that the measure was unusual and that its effects would be reviewed over the next two years, with one member saying the bill would likely be difficult to roll back later. No final vote was taken in the portion provided.