Video & Transcript : 'enterprise zone bonds' :
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MN
Minnesota 2025-2026 Regular Session
Housing Committee Meeting - 2025-04-02
Housing Finance and Policy
Transcript Highlights:
- We would much prefer straight zoning.
- That's what we do as planning and zoning people.
- Another question: a city planner said that, you know, they would prefer straight zoning.
- PUD process that they would prefer a straight zoning process.
- Reuse as an eligible use of housing infrastructure bonds.
Committee:
House Housing Finance and Policy
CA
California 2025-2026 Regular Session
Senate Local Government Committee Jun 17th, 2026
Local Government
Transcript Highlights:
- This is critical since the city's water enterprise has been operating at a structural deficit for several
- , when you're being specific requirements in the general plan amendment, I'm envisioning a certain zoned
- there has to be a carved-out area, even though that specific large 10-acre, 20-acre area has been zoned
- So, but in... ...zoned as R-1, single-family homes, but in the corner somewhere it will be an easy place
- If you have a community that doesn't have the zoning to allow for this to happen, then it makes it harder
Committee:
Senate Local Government
AZ
Transcript Highlights:
- bond election.
- Essentially, a bond counsel wrote it up and put the bonds out on the market, and that's kind of what
- Advisors up front, even before they know whether the bond passes or not, because you can use the bond
- just having bond lawyers draft it.
- And you can look at the size of the bonds, even the simpler, smaller bonds of less than $10 million.
Committee:
Senate Senate Finance Committee of Reference
Summary:
The Senate Finance Committee approved the March 16, 2026 minutes and then heard testimony on several bills, with the chair noting that votes would be taken in batches because members were coming and going. HB 2939 would increase the rural qualified facilities tax credit from $20,000 to $25,000 per job for certain projects with initial investment under $2 billion; Lucid Motors supported it as a rural economic development tool, while Senator Epstein questioned the fiscal note and whether the higher credit would actually attract new investment. HB 2950 would authorize tourism improvement areas funded by voluntary lodging assessments to support marketing and tourism promotion; the Arizona Lodging and Tourism Association and Visit Phoenix backed it as a competitive tool for rural and urban destinations, and committee members focused on whether participation was truly voluntary and how the assessments would be administered.
HB 2780 made technical conforming changes to Arizona’s property tax lien foreclosure and excess proceeds sale process, building on a prior law that created a mechanism for delinquent property owners to recover equity; the sponsor and a longtime constituent said the changes would fix timing and credit-bid language so qualified entity sales could work in practice. HB 2502 would let certain elected officials in ASRS retire at normal retirement age without resigning their office, with the employer paying the alternate contribution rate; ASRS said it was neutral, and the sponsor argued the bill would treat elected officials more like other ASRS members. The committee then adopted do-pass recommendations for HB 2502, HB 2780, HB 2950, and HB 2939, with each passing on split votes.
The committee also adopted a striker to HB 2140, allowing the State Treasurer to invest up to 10% of state trust and treasury monies in physical gold or silver bullion held in secure U.S. depositories. The sponsor and the Sound Money Defense League argued it would diversify reserves and hedge against market disruption, while opponents said gold is volatile, costly to store, and not something taxpayers need the state to buy. HB 2140 then passed as amended on a 4-2 vote. Finally, the committee heard HB 2398, as amended, which requires commercial liability insurance for watercraft rentals and peer-to-peer boat sharing programs, with supporters saying it addresses uninsured rental boats and law enforcement concerns; the bill passed as amended on a 6-1 vote. The committee also heard HB 2999, a major housing-finance bill creating state affordability infrastructure districts to finance public infrastructure through bonds and assessments; proponents said it would lower housing costs by spreading infrastructure costs over time, while contractors and some senators raised concerns about payment risk, impact-fee treatment, and whether savings would reach homebuyers. After adopting a striker and hearing extensive questions, HB 2999 passed as amended on a 6-1 vote.
AZ
Transcript Highlights:
- School District Bond: HB 2320. DCS credit fees: HB 2321. DCS credit ... HB 2332.
- HB 2320, school district bond. HB 2321, DCS credit fees. HB 2332, DCS investment services.
- HB 2337, zoning government. HB 2338, board vote. HB 2339, solar device. HB 2340, certificate.
- HB 2374, zoning commission. HB 2376, school education. HB 2379, school district ...
WA
Washington 2025-2026 Regular Session
Senate Business, Trade & Economic Development Jan 15th, 2026
Transcript Highlights:
- NetChoice is a trade association working to make the internet safe for free enterprise and free expression
- I have relatives who live in fire zones.
- our members were denied coverage by as many as 10 to 15 insurance carriers solely due to wildfire zone
Summary:
The Senate Business, Trade and Economic Development Committee first held a work session on protecting children online. Testimony focused on a proposed Kids Online Protection Act that would limit addictive algorithmic feeds for minors and restrict push notifications during school hours and at night. Supporters included a former tech executive, a Meta whistleblower, and a psychology researcher, who argued that social media design exploits adolescent development, harms well-being, and that the bill gives parents and children more control without banning access to content. Industry and trade group witnesses opposed the approach, arguing it would violate the First Amendment, create privacy risks through age verification, and could reduce useful personalization and safety tools; they said companies are already implementing teen protections and parental controls. The committee did not take a vote during the work session.
The committee then held a public hearing on Senate Bill 5928, sponsored by Senators Warnick and Short at the request of the Insurance Commissioner. The bill would require property insurers using wildfire risk scores or models to disclose more information to consumers, explain adverse factors, provide appeal and rescoring processes, and account for mitigation actions in rate filings and discounts. The Office of Insurance Commissioner, a Colville Tribal representative, fire district testimony, climate advocates, realtors, hospitality businesses, and insurance agents generally supported the bill as a transparency and consumer-protection measure, with some urging inclusion of commercial lines and stronger recognition of local fire mitigation. Several insurance trade groups opposed or were neutral, warning that the bill goes too far, could expose proprietary underwriting information, increase regulation and costs, and should be narrowed to align with other states’ approaches. No vote was taken, and the chair adjourned after the hearing.
FL
Florida 2025 Regular Session
December 9, 2025 - 08:30 AM
Transcript Highlights:
- TARIFF ONE IS LIMITED TO THREE GIGAWATTS IN SPECIFIED ZONES.
- THE SECOND TARIFF ALLOWS US TO SERVE INCREMENTAL DEMAND BEYOND THREE GIGAWATTS FOR OUTSIDE THE ZONE AT
- GOVERNANCE STRUCTURE AND WE HAVE AN EXECUTIVE LAYER WHICH PROVIDES ALL DIRECTION AND POLICY ACROSS THE ENTERPRISE
WA
Washington 2025-2026 Regular Session
House Transportation Dec 4th, 2025
Transcript Highlights:
- Is a portion of that to service the debt service on bonding for building the boats?
- Nickel bonds were used to pay for one vessel. Mostly cash has been used.
- So if the treasurer issues bonds and...
- So mostly we’ve not been applying bonds on the ferries capital side. So I guess...
- the bonds were issued, and the expenditures weren’t there that were eligible in the ferry system, so
Summary:
The committee received a detailed staff presentation on Washington State Ferries’ capital needs, current fleet status, and long-range funding outlook. Staff described the current service pattern, ridership recovery since the pandemic, the aging fleet, and the state’s plan to add three new hybrid-electric Olympic-class vessels under the 2025 budget, with delivery expected around 2030-2032. Members also heard that the fleet is operating with no reserve vessel, that preservation time is below the desired level, and that terminal electrification and vessel conversion plans face timing, cost, and procurement risks. Questions focused on ridership trends, biofuel supply, design-risk allocation in vessel contracts, sequencing of terminal electrification with new vessel delivery, and the cost and feasibility of restoring international Sidney service, which would require a SOLAS-certified vessel.
Staff then outlined ferry capital funding, saying recent spending and programmed needs are far above regular ferry-specific revenues and that the system relies on a mix of dedicated accounts, transportation package money, federal grants, and transfers. They said the near-term budget is balanced through 2027-29, but the longer-term capital outlook shows a shortfall of roughly $250 million to $300 million per biennium, with broader unmet needs much higher. The presentation estimated costs for future vessels, life extensions, terminal electrification, and additional Jumbo Mark II conversions, and noted that the current enacted plan does not fully fund fleet replacement, full electrification, or life extension of older vessels. Members asked for follow-up information on terminal seismic/environmental issues, contract options for additional vessels, and the timing and cost of alternative vessel designs.
The committee then shifted to WSDOT maintenance and preservation. Pascoe Focktich described maintenance operations, including winter response, guardrail repair, facilities, equipment, and the effects of underfunding and inflation. He said most of the maintenance budget is fixed cost and labor, that material prices have risen sharply, and that many facilities are in poor condition with asbestos issues and deferred upkeep. He also noted growing guardrail damage, increasing pavement claims, and the burden of maintaining aging bridges and facilities. Members asked about prior planning for these needs, the role of asbestos, and whether more proactive sequencing could help budget decisions.
Troy Suing then presented the highway preservation program, saying WSDOT is in the early stages of critical failure and has stretched preservation dollars as far as possible. He explained the distinction between pavement, bridge, and other highway asset preservation, said the department is largely reactive, and estimated that delaying work can make it three to five times more expensive later. He said about 40% of roadways are currently due or overdue for preservation, bridge conditions are nearing the federal poor-bridge threshold, and the department’s 10-year preservation need is about $8 billion. Members asked about the cost of deferring work, whether the department could do more if funded, how priorities are set, and whether other states face similar problems.
Finally, Evan Grimm and Mike Fay briefed the committee on bridge strikes by overheight vehicles. They described recent incidents on I-90 near Cle Elum and SR 410 near White River, the damage and closures caused, and possible countermeasures such as public outreach, improved trip-planning tools, and a pilot warning system with sensors and flashing beacons. Fay explained the state’s financial recovery process for third-party damage, saying WSDOT recovers roughly $20 million per biennium and about 78% to 80% of billed damages, with money going to the motor vehicle fund. Members asked about prevention, insurance recovery, and whether the state uses claim data to inform future design or safety changes.
WA
Washington 2025-2026 Regular Session
House Floor Session Mar 4th, 2026 at 08:25 pm
Washington House Floor Meeting
Transcript Highlights:
- think the bigger conversation here comes down to 35 years of growth management and discussion of zoning
- How far in debt do we need to be with our bonding before the legislature is going to write special rules
- Clerk will read: On page one, line 20 of the strike amendment, insert 'flood zones.'
- seismic hazard areas, which, as you know, Madam Speaker, are earthquakes, which we have a seismic zone
- been incapable for decades of actually building what it's promised, to the point it's had to issue bonds
Bills:
HB2720 , HB2073 , HB2487 , SB5816 , SB5919 , SB5995 , SB5831 , SB6134 , SB6136 , SB6137 , HB2689 , SB5922 , SB5944 , SB5957 , SB5988 , SB5994 , SB6011 , SB6065 , SB6103 , SB6151 , SB6244 , SB5420 , SB5868 , SB6044 , SB6132 , SJM8002
Summary:
The House received a Senate message that Substitute House Bill 1570 had passed the Senate, then moved several bills from Rules to the second reading calendar, including Substitute Senate Bill 5242 on anaphylaxis medications in schools and Senate Bill 6132 on Inland Port District debt. The chamber then took up several bills, beginning with Senate Bill 5988 on Department of Health accreditation fee authority for opioid treatment programs. Amendment 2336 to cap the fee at $17,000 was debated at length but rejected, and a separate amendment to add safe-injection-site language was ruled out of scope. Senate Bill 5988 then passed 62-34.
Substitute Senate Bill 6309 on enhanced municipal permitting tools for high-capacity transit projects drew multiple amendments focused on Sound Transit’s authority. Amendments to require written consent from abutting property owners, to add flood-zone and seismic/critical-area protections, and to address public-records issues were either rejected or ruled beyond scope, though the local government committee amendment was adopted. The bill passed 56-38. The House also passed Substitute Senate Bill 5886 on digital personality rights and Senate Bill 6136 on transparency in workers’ compensation rate-setting, both with strong bipartisan support.
Later, the House passed a series of additional bills: Substitute Senate Bill 6034 codifying the Governor’s Office of Indian Affairs; Gross Second Substitute Senate Bill 5395 on prior authorization reform, with remarks emphasizing limits on AI in health care decisions; Substitute Senate Bill 6248 creating the Washington Travel Insurance Act; Substitute Senate Bill 5720 establishing uniform consumer debt default judgment procedures; Senate Bill 5995 on port modernization funding and labor considerations; Senate Bill 6103 affecting rural hospitals; Engrossed Substitute Senate Bill 6110 creating a work group on e-motorcycles; Engrossed Substitute Senate Bill 5156 allowing smaller elevators to support accessible, more affordable housing; Substitute Senate Bill 6269 updating motor fuel definitions to include hydrogen; Substitute Senate Bill 6189 giving Thurston County more time to pursue an aquatics public facilities district; and Senate Bill 6134 requiring unemployment applicants to acknowledge repayment obligations if retroactive union pay is received. Most of these bills passed with large margins, and the House adjourned after completing final passage votes.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Apr 23rd, 2025
Transcript Highlights:
- That whole enterprise is now on a starvation diet.
- already lost hundreds of millions of dollars in federal funding that was supporting our research enterprise
- So yes, these are very drastic, really unprecedented attacks on the university's research enterprise.
- And so we don't see this as some special enterprise.
- We have certainly heard that there might be some bond activity to help support research, which would
Summary:
The Assembly Budget Subcommittee on Accountability and Transparency held a hearing focused on three issues: federal funding cuts and delays, possible state revenue impacts from reduced IRS enforcement, and the fiscal effects of AB 218 on local governments. The Franchise Tax Board described how state and federal tax systems are closely linked, how most returns are filed electronically through software, and how FTB relies on IRS information sharing for compliance, fraud prevention, offsets, and nonfiler work. Members raised concerns that federal staffing cuts at the IRS could weaken audits of large corporations and reduce California revenue, and asked about VITA and ITIN filers; FTB said it was not aware of VITA reductions, noted ITIN returns are processed the same as other returns, and said ITIN filing appeared slightly down this year. The Department of Finance said it is monitoring federal developments, summarized the continuing resolution and reconciliation process, and noted that California lost nearly $940 million in earmarked federal projects under the CR, while major federal budget decisions remain uncertain until the President’s budget and later congressional action.
The University of California reported substantial federal pressure on research, student aid, and health care. UC said hundreds of millions of dollars in federal awards have already been canceled, with additional threats to NIH and DOE facilities-and-administration rates, graduate fellowships, student loan repayment plans, international student visas, Pell Grants, and Medicaid/Medi-Cal funding. Committee members pressed UC on the effects of DEIA-related federal restrictions, the loss of clinical trials and research staff, and the impact on low-income students and patients. UC said it is pursuing litigation with the Attorney General and other institutions, but emphasized that court action is only a temporary solution and that sustained state and private support may be needed.
The second panel addressed the fiscal consequences of AB 218, which extended the statute of limitations for childhood sexual abuse claims against public agencies. FCMAT presented a report with 22 recommendations, including better statewide data collection, financing mechanisms, a possible victims compensation fund, and prevention measures. Los Angeles County described a tentative $4 billion settlement tied to AB 218 claims, saying it will require reserves, borrowing, and long-term annual payments through 2050, while also forcing curtailments and cuts to vacant positions to preserve services. Members discussed insurance pools, retroactive premiums, unidentified future claims, and the need for a compensation fund or other financing tools. No formal votes were taken; the hearing concluded with public comment, including testimony from local health officials about nearly $400 million in terminated federal public health grants and the resulting layoffs and service impacts.
FL
Florida 2026 Regular Session
Appropriations Committee on Higher Education Mar 11th, 2025
Appropriations Committee on Higher Education
Transcript Highlights:
- And just for context, that is mostly our UF Health enterprise.
- And just for context, that is mostly our UF Health enterprise, looking at that as a separate corporation
- debt, we've got to be careful taking those funds out of those accounts because it could impact the bond
- Strategic investments in the research enterprise will allow further research and solve more of the day-to-day
- Strategic investments in the research enterprise will allow further research and solve more of the day-to-day
Summary:
The committee held an informational hearing on higher education funding, focusing on how Florida’s university system should be financed and whether a new funding model is needed. University system financial officers and Chancellor Ray Rodriguez discussed major cost drivers, including wages and benefits, utilities, maintenance, financial aid, research, and the effects of geography, institutional mission, and student mix. UF highlighted the cost of research and graduate programs; UCF and FAU pointed to growth, location, and cost of living; FAMU emphasized recruiting top-tier talent while relying on other revenue sources; and UNF noted the challenges of growth and long-term planning. Members also discussed the role of internal controls and audits in addressing excessive spending and questioned whether out-of-state tuition should be adjusted to help offset costs.
On revenue sources beyond state appropriations and tuition, the panel described auxiliaries, restricted funds, capital projects, and component units such as foundations and health systems. Several universities noted that some revenues are restricted to specific purposes and cannot be used for general operations. FAMU explained that a large share of its capital project funding reflected active campus construction, while UF said its component-unit revenue is largely tied to UF Health. The Chancellor emphasized that the system’s low tuition and strong state support are central to Florida’s national standing, but also noted that some auxiliary revenues are pledged to debt and must be managed carefully.
When discussing the current funding process, witnesses praised Florida’s performance-based funding model for aligning incentives with student success, transparency, and accountability. They also raised concerns about non-recurring appropriations, rising employee benefit costs, unfunded mandates, deferred maintenance, and the difficulty of multi-year planning. Suggestions for improvement included more recurring funding, better coverage of mandated costs, greater flexibility in fee-setting, and possible weighting for mission, geography, and institutional type. The Chancellor said the Board of Governors is considering a “version 3.0” of performance-based funding that would benchmark institutions against peers and Carnegie classifications, but any changes would require legislative action. On out-of-state tuition, most universities said they would prefer local board flexibility, while the Chancellor cautioned that increasing out-of-state enrollment or fees could affect future state support and should be balanced carefully.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Apr 23rd, 2025
Transcript Highlights:
- That whole enterprise is now on a starvation diet. Under the banner of fiscal efficiency.
- already lost hundreds of millions of dollars in federal funding that was supporting our research enterprise
- And so we don't see this as some special enterprise, we see this as our commitment to the people of the
- So that might be worth a look, we have certainly heard that there might be some bond activity to help
TX
Texas 89th Regular
Trade, Workforce & Economic Development Mar 19th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- Things like bond elections or meeting notices, things of that matter.
- chair calls Shelby Beeney root We show you registered as Shelby Beeney root testifying on behalf of Enterprise
- I am here on behalf of Enterprise Mobility. We oversee Enterprise, Alamo, and National Car Rental.
Keywords:
social media, children, account verification, data privacy, parental control, property owners' association, residential watering restrictions, vegetation, fine limitations, drought, technology, innovation, economic development, grants, Texas Economic Development, business funding, HB 1395, private passenger vehicle rental, car rental, vehicle rental
FL
Florida 2026 Regular Session
Governmental Oversight and Accountability Feb 11th, 2025
Governmental Oversight and Accountability
Transcript Highlights:
- It includes stocks, bonds, real estate, as well as alternative investments, derivatives, and many other
- on the boycott of Israel list, and 570 companies that are on the prohibited Chinese state-owned enterprises
- year, the legislature enacted House Bill 7071, which prohibited investments in Chinese state-owned enterprises
- more in detail, the SBA has taken additional actions in recent months beyond just the state-owned enterprises
Summary:
The Committee on Governmental Oversight and Accountability met with a quorum present and took up two bills and one presentation. Senate Bill 108, on administrative procedures, was presented by Senator Burgess on behalf of Senator Grall. The bill would require agencies to systematically review rules over five years old, submit annual regulatory plans and reports, and take action on reviewed rules; it also would speed publication of proposed rules after new rulemaking authority and expand transparency for incorporated materials and rule histories. Americans for Prosperity appeared in support, there was no debate, and the bill was reported favorably on a roll call vote.
The committee then heard a presentation from State Board of Administration Executive Director Chris Spencer on implementation of statutory investment restrictions affecting state funds. He reviewed the SBA’s structure and fiduciary duties, said the agency must maximize financial return using only pecuniary factors, and described the Protecting Florida’s Investments Act restrictions involving Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He noted recent changes, including expanded Iran restrictions after the October 7 attacks, the addition of China-related divestment requirements, and the SBA’s move to eliminate China and Hong Kong from its global equity benchmarks; he said the agency is ahead of schedule on required divestment and in compliance with the law.
Senate Bill 100, on display of flags by governmental entities, was then presented by Chair Fine. The bill would prohibit political flags on government buildings and allow active-duty service members and veterans to use reasonable force to stop flag desecration. The committee heard extensive public testimony, with supporters arguing government buildings should not display political messages and opponents raising First Amendment, vagueness, and enforcement concerns, especially regarding LGBTQ-related flags and school settings. Senators also questioned the bill’s definitions and the reasonable-force provision. After debate, the committee voted to report SB 100 favorably, with Senators Arrington and Polsky voting no and Senators Brodeur, McClain, Rodriguez, Fine, and Chair DeSiglie voting yes. At the end of the meeting, Senator Rodriguez was recorded as voting yes on SB 108, and the committee adjourned.
US
US Federal 2025-2026 Regular Session
Business meeting to consider the nominations of Elise Stefanik, of New York, to be the Representative of the United States of America to the United Nations, with the rank and status of Ambassador, and the Representative of the United States of Americ Jan 30th, 2025 at 09:25 am
Foreign Relations Committee
Transcript Highlights:
- I'm going to vote for her because I told her I was going to vote for her, and my word is my bond.
- One of the most significant participants in the global scientific enterprise is also our greatest adversary—an
- institutions and PLA medical entities, weapons design and production facilities, state-owned defense enterprises
- few years has been finally chipping in, outbidding Chinese companies, even Chinese state-owned enterprises
Committee:
Senate Foreign Relations Committee
AZ
Arizona 2026 Regular Session
02/09/2026 - Senate Military Affairs and Border Security
Military Affairs and Border Security
Transcript Highlights:
- We've ruled out private enterprise.
- So this is really an issue about private property, and I’m an attorney, but I’m not a zoning attorney
- , so I do have a zoning attorney from my firm here to help with specific detailed areas.
- ’re not in a city, you’re on a county island, and it hasn’t been zoned for anything in particular.
- It’s actually in a military compatibility zone, which constitutes commercial and industrial only.
Committee:
Senate Military Affairs and Border Security
Keywords:
outdoor advertising, military compatibility, zoning, electronic signage, permitting, undocumented immigrants, financial services, identification requirements, loans, foreign remittances, transitional housing, military, veterans, grant program, supportive services, SB1511, commercial driver license, CDL, nondomiciled CDL, nondomiciled commercial driver license
MO
Transcript Highlights:
- I also believe that when it comes to these zones of construction, MoDOT would always maintain control
- I'll tell you what, just coming out of Wentzville in the construction zone, which is a firm 55, and I
- I'll tell you what, just coming out of Wensville in the construction zone, which is a firm 55, and I
- Speeding in that zone. It's ridiculous.
- And some of the things that we do, we can't put a work zone up that reduces speed.
MA
Massachusetts 2025-2026 Regular Session
Senate Session Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- to record levels, or about $8.4 billion, is that it's been... ...recognized by Wall Street, by the bond
- as the reason why we saw two years ago a historic rise to AA+ for Massachusetts as Massachusetts' bond
- They provide certainty that when a builder files an application, the zoning rules in place at the time
- Projects that comply with zoning can still spend years navigating endless hearings, appeals, redesigns
- Projects that comply with zoning can still spend years navigating endless hearings, appeals, redesigns
Summary:
The Senate opened with the Pledge of Allegiance, adopted two commendatory resolutions honoring the Plimpton Historical Society’s Deborah Sampson Day recognition and Megan’s Light’s Cystic Fibrosis Awareness Month observance, and suspended Joint Rule 12 to refer several House petitions to committee. The chamber also briefly recognized Diane Talk of the South Shore Regional Emergency Communication Center on her retirement after 30 years of dispatch service. Later, the Senate passed two local bills to enactment: House No. 4006, authorizing Dartmouth to grant an additional all-alcoholic beverages license, and House No. 473, relating to the charter of Westwood.
The main business was the Senate Ways and Means presentation of the fiscal year 2027 budget, totaling about $63.3 billion. The chair described the budget as balanced, with no new taxes or tax cuts, based on a consensus revenue estimate of $986 million in growth over FY26 (2.4%), and including about $15.8 billion in federal financial participation and roughly $2.7 billion from the Fair Share surtax. The budget emphasized record local aid, including $1.376 billion in unrestricted general government aid, $7.66 billion for Chapter 70 education aid, increased minimum school aid, higher regional school transportation reimbursement, rural aid, and the revival of the Foundation Budget Review Commission. It also highlighted major investments in MassEducate free community college, food security, housing, and support for vulnerable residents.
Members then engaged in extended colloquy on the budget’s major cost drivers and policy choices. Questions focused on debt service, pension and OPEB liabilities, MassHealth caseload and rising per-enrollee costs, child care funding, and program integrity in DTA and other benefit programs. The chair said debt service would be about $2.67 billion, pension payments would be $5.1 billion, OPEB would receive a $150 million payment, and MassHealth enrollment was projected at about 2 million with costs driven by acuity and medical inflation. He also said the budget includes no collective bargaining agreements and no state tax changes. Senators supporting the budget praised its investments in education, local aid, homelessness prevention, public health, libraries, and housing, while minority leaders and others stressed the need for fiscal discipline, transparency, and further work on affordability and municipal support. The Senate also received a House message on House No. 5316, which the House had nonconcurred in, and a conference committee was appointed on the disagreement.
IN
Transcript Highlights:
- We're leaving the Enterprise Zone Associations and Waterway Management Districts Board as is in law today
WA
Transcript Highlights:
- The total cost to this amendment is $303,000 in state bonds for the Rent and Resource project.
- pollution control revolving program from the Public Works Assistance Account to the state taxable bond
- The Department of Commerce estimates a cost of $286,000 in bonds in fiscal year 27 and $249,000 in bonds
- The Department of Commerce estimates a cost of 286,000 in bonds in fiscal year 27, and 249,000 in bonds
- In the House, we work to get the flood control zone district... ...rental assistance.
Committee:
Senate Ways & Means
Keywords:
collective bargaining, retirement benefits, employee rights, public sector, supplemental benefits, public employers, employee information, bargaining representatives, labor relations, union representation, electric transmission, energy policies, infrastructure, regulatory framework, transmission systems, aviation, wildland fires, funding, disaster relief, emergency response
LA
Louisiana 2026 Regular Session
JLCB Jan 23rd, 2026
Transcript Highlights:
- And that funding is a mix of both general obligation bonds and general fund.
- It would be a combination of general fund and bonds, but yeah, around $30 million a year.
- CRMS is a network of 390 sites in the coastal zone.
- We have 390 physical sites in the coastal zone that we visit and have equipment at.
- It's expensive and takes a lot of work to maintain elevation in Louisiana's coastal zone.
Summary:
The committee first took up the fiscal status statement, certification of the state surplus, and the five-year baseline budget. Officials from the Office of Planning and Budget and the Division of Administration said the January fiscal status statement had no changes, and the commissioner certified a surplus of $577,073,871. They also reviewed the baseline outlook, noting projected imbalances in later years driven by declining revenue, including the redirection of motor vehicle sales tax, and rising costs such as inflation and Medicaid-related expenses. The fiscal status statement was approved without objection.
The governor’s executive budget was then presented as a third consecutive standstill budget, with administration officials emphasizing efficiency savings, no reduction in services, and no reduction in state workforce. They said the budget relies on prior savings efforts and incorporates agency-level cuts and reorganization, while also addressing higher costs in corrections, DCFS, and health care. Major items highlighted included funding for LA GATOR, the high-impact jobs program, DCFS modernization, corrections population and overtime needs, nursing home and managed care adjustments at LDH, and additional support for the MJ Foster Scholarship Program. Members asked about the impact of inflation, the use of federal versus state funds, the future of voucher and GATOR funding, and whether more support should go to DCFS and the Hero Fund.
The committee also received the calculation of the FY27 expenditure limit, set at $20.1 billion, and the annual comprehensive financial report for FY2025, which received a clean audit opinion. Members approved a BA-7 increasing federal funds for an executive office transportation grant, approved additions to the Act 751 higher education deferred maintenance project list and a Baton Rouge Community College project combination, and approved contract amendments for CPRA with Coastal Estuary Services and Access Sciences. The committee also corrected a legislative intent item naming the New Orleans Recreational Development Foundation. Finally, the judiciary presented a weighted caseload study for district and appellate courts, explaining it as an updated tool to assess judicial workload and potential judgeship needs; members discussed its limits, the role of specialty courts and commissioners, and the need for further legislative-judicial collaboration before any changes are made.