Transcript Highlights:

• We did submit a fiscal note for a bill that's scheduled, I believe, on Wednesday, and it does outline
• note uh you with the puc on the fiscal note uh you know<01:36:15.760> I<01:36:15.840> was<
• <01:36:41.719> note<01:36:41.960> for would the ongoing fiscal note for would the ongoing
• fiscal note for securitization<01:36:43.159> be<01:36:43.920> necessary<01:36:44.920><
• /c><01:37:02.080> that's submit a fiscal note for a bill that's submit a fiscal note for a bill

Keywords: 1187, senate, all

Transcript Highlights:

• WERE CAPPED AT $100,000 IN THE FACILITY FOR THE FISCAL YEAR.
• PROGRAM PERTAINING TO THE LAST TWO QUARTERS OF STATE FISCAL YEAR 24 25.
• CURRENT FISCAL YEAR?
• PERMANENT RULEMAKING WILL OCCUR PRIOR TO THE FISCAL YEAR.
• SO 2024 FISCAL YEAR 23 20 FUNDED 38 DENTISTS AND THEN THE PAST FISCAL YEAR WE ENTERED DENTAL HYGIENISTS

Keywords: 999, senate, all

Transcript Highlights:

• year, local fiscal year, 2018-19, 2019-20, all the way through 2023-24?
• year, local fiscal year, 2018-19, 2019-20, all the way through 2023-24?
• That's just important to note because it again kind of shows the disruption.
• So this is local fiscal year 2018-2019.
• Of each local government's exercise of discretion over its fiscal structure.

Summary: The Select Committee on Property Taxes met for a listening session focused on a presentation by Amy Baker of the Joint Legislative Office of Economic and Demographic Research on local government revenues and expenditures. Baker reviewed statewide financial data for counties, municipalities, and independent special districts, using 2018-19 as a baseline year because it was stable and pre-COVID. She explained that counties rely heavily on taxes, with ad valorem taxes making up about 73% of county tax revenue and about 24% of total county revenues statewide, while municipalities rely more on charges for services and have a lower statewide ad valorem share of about 14.7%. She also noted wide variation across local governments, with some counties and cities highly dependent on property taxes and others using them minimally or not at all. Special districts were shown to be very different from counties and cities, with hospital-related revenues and expenditures dominating many of them, while water management districts were more reliant on ad valorem taxes and focused expenditures on the physical environment. Baker also summarized expenditure patterns: counties spent the largest share on public safety, while municipalities spent the largest share on general government services, followed by physical environment and public safety. She emphasized that local government structures vary widely and that the committee should study what characteristics are associated with greater property tax reliance. She said the next research steps would be to extend the analysis through later years, including the COVID and inflation period, and to examine institutional and legal factors that shape local fiscal structures. Members asked about unfunded mandates, fuel taxes, reserves, school taxes, millage rates, and how property taxes relate to specific services such as police and fire. Baker said the current analysis did not yet account for mandates or school taxes and that further work could examine links between revenues and expenditures, commercial versus residential tax burdens, and other factors. After the presentation, members reported back on local meetings with counties and municipalities. Several described large differences in millage rates, revenue mixes, and the impact of any property tax changes on fiscally constrained counties versus larger, wealthier ones. Concerns were raised about how local governments would replace lost revenue, especially for public safety and emergency response, and members discussed the need to consider both revenue replacement and ways to rein in spending. The co-chairs said the committee would continue gathering information, send members follow-up homework and requests for panel suggestions, and invite additional input from constituents, stakeholders, and local governments. The meeting ended with no votes or formal actions beyond adjournment.

Transcript Highlights:

• If you look at the fiscal note, it's uh $2.5 million.
• <05:14:37.920> prepared<05:14:38.400> for fiscal note that we had prepared for fiscal note
• I'm not sure if HHS would have to— >> I thought I saw that in the fiscal note, or is that an old fiscal
• <05:18:01.160> note >> I thought I saw that in the fiscal note >> I thought I
• or is that an old fiscal note? or is that an old fiscal note?

Keywords: 1189, house, all

Transcript Highlights:

• This is a meeting of the Senate Committee on Revenue and Fiscal Affairs.
• I don't sense that the committee has concerns about the fiscal note, which is the reason it's here in
• And since it's property tax, there's no impact on the state fiscal situation. No fiscal. Okay.
• It's important to note that $395.6 million of this...
• to be moved up as the project needs it in subsequent fiscal years.

Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 11, 2026, approved the April 27 minutes, and then took up several House bills. HB 618, by Rep. McMakin, would update Louisiana Economic Development fees and filing charges by indexing them to inflation and allowing some discretion to waive or reduce fees for small businesses; it was reported favorable. HB 732, by Rep. Owen, drew extensive discussion because it combined two issues: temporary OMV relief for a hospice-related ID problem and a suspension of the new hybrid vehicle road usage fee. Members and the OMV commissioner raised constitutional and drafting concerns about waiving or eliminating obligations, and the committee discussed how newer vehicle classifications blur the line between electric, hybrid, and gas-powered vehicles. The committee ultimately reported HB 732 favorable, with the understanding that amendments and further work would be needed before floor action. The committee also reported favorable on HB 217 and HB 214 by Rep. Henry, which would authorize local governments to grant property tax exemptions for the rehabilitation of blighted property and place the related constitutional amendment before voters. Testimony emphasized that the measure is permissive for local governments, applies only after a property is formally blighted and rehabilitated, and is intended to encourage redevelopment while preserving some tax revenue. Members discussed the exemption level, duration, and the need for clearer definitions of blight, but no objections were raised. HB 593, also by Rep. Henry, would raise the maximum service fee for OMV public tag agent offices statewide; the commissioner explained that many offices are locally operated and that the increase would help cover costs, and the bill was reported favorable. Later, HB 514 and HB 961, by Rep. Foreman, were reported favorable. HB 514 would allow local governments, by referendum, to provide additional property tax relief for seniors who meet income and freeze requirements, with phased age-based eligibility steps; HB 961 would extend a similar concept to certain homesteads held in trust. Members discussed the optional local nature of the program and the need to avoid overly broad rules. HB 908, by Rep. Mina, would increase certain Secretary of State business services fees to support operations and system upgrades; agency officials said the fees had not been comprehensively adjusted since 2013 and remained below regional averages, and the bill was reported favorable. The committee then heard an informational update on the capital outlay bill from the Division of Administration, including the use of bundled projects for universities and DOTD, the status of P1/P2/P5 funding, and available cash capacity. Finally, HB 1010, by Rep. Deshotel, was reported favorable after brief discussion; it would require assessors to report property tax collections to the Louisiana Tax Commission for centralized public reporting.

Transcript Highlights:

• And do we have a fiscal note to say that, uh Mr. Speaker?
• fiscal note to say that, uh Mr. Speaker? fiscal note to say that, uh Mr. Speaker?
• education committee on on fiscal note. education committee on on fiscal note.
• Um, there's no fiscal note.
• It all it does there's no fiscal note.

Keywords: 919, house, all

Summary: The House took up House File 4252, the higher education finance and policy bill, which the author described as a bipartisan agreement. Representative Wolgamott highlighted a $1.5 million appropriation to Minnesota State to create an identification verification system to combat “ghost students,” a one-time $5,000 appropriation for trees at Bemidji State University, and other noncontroversial recommendations from the Office of Higher Education. He urged support for the bill and noted that amendments would be considered. The main debate centered on an amendment by Representative Rarick to change how University of Minnesota regents are selected if the legislature fails to elect them. Rarick argued the amendment would keep the governor from appointing regents outside the legislative vetting process and prevent “pay-to-play” or donor influence, citing recent gubernatorial appointments and campaign contributions. Representative Kotter offered a secondary amendment to require that any fallback appointees meet RCAC eligibility criteria and to bar candidates who had recently contributed to legislative caucuses or leadership; supporters said it would reduce the appearance of pay-to-play while preserving the RCAC process. Opponents of the secondary amendment, including Representatives Robbins and others, argued it did not address the real concern because it did not restrict contributions to the governor and would weaken the legislature’s role in regent selection. Supporters of the secondary amendment said it was a more objective, statute-based approach and raised separation-of-powers concerns with the underlying amendment. After debate, the secondary amendment failed on a 67-67 tie and was not adopted. The House then continued discussion on the underlying Rarick amendment, with members divided over legislative authority, gubernatorial appointment power, and the influence of campaign donations.

Transcript Highlights:

• And what you'll see here is that regardless of what it says in the fiscal Note, just these 3 districts
• Uh, we, uh, also received the fiscal note early this morning and we're rapidly awakened after seeing
• , uh, the fiscal note as the, uh, predicted performance far outpaces, uh, historical precedent.
• This fiscal note expects, I think, 27,500 students.
• Thank you for, uh, addressing the fiscal note issue there, Representative Schoolcraft.

Bills: HB117

Keywords: county regulation, impervious cover, land use, unincorporated areas, environmental management

Transcript Highlights:

• But in the past, we have been authorized at nine in fiscal year 26, and prior to that, you could look
• We've increased it now fiscal year 25, 205 million that we helped in schools.
• Fiscal year 26, we're already way above that portion.
• Some notes here. I'll pull them out.
• That would bring us up to the current fiscal year level of 6 million.

Keywords: 996, all

Transcript Highlights:

• Are we no fiscal note on it at all.
• There is no fiscal note.
• is that why there's a fiscal note? is that why there's a fiscal note?
• There is no fiscal note. Um I question. There is no fiscal note.
• So SP272 fiscal note says that the bill.

Keywords: 928, house, all

Summary: The committee held public hearings on three transportation bills. SB 154 would add the Snow Traveler Foundation to the list of charitable organizations authorized to offer multi-use decal plates through the existing Department of Safety program. Senator David Roford said the bill would create a non-tax funding source for snowmobile trail maintenance, especially after flood damage, and Dan Gold of the New Hampshire Snowmobile Association said the foundation would accept tax-deductible donations for projects such as upgraded trail signage. He explained that the association’s 96 volunteer clubs maintain about 7,000 miles of trails and that the sign program is costly. No opposition was presented, and the hearing was closed after questions from members about the foundation’s status and fundraising goals. SB 271 would expand eligibility for veteran license plates to include veterans with a general discharge under honorable conditions. The sponsor’s representative said the change would recognize service members who are already eligible for many veterans benefits but are excluded from plates under current law. Supporters included Phil Grizzo, who argued that general discharges often reflect service that was otherwise honorable, and Kevin Grady of the State Veterans Advisory Committee, which said it strongly supported the bill and was also considering broader statutory cleanup to standardize the definition of veteran across state law. Committee members asked whether the change should be limited to plates or applied more broadly, but the sponsor said broader changes would be a separate policy question. The public hearing was then closed. SB 273, titled “Cheryl’s Law,” would update New Hampshire’s move-over requirements for motorists approaching stopped or standing vehicles on the roadside, including stranded vehicles and those with warning signals. Senator Donovan Fenton said the bill was intended to save lives and honor Staff Sergeant Jesse Cheryl and Brigadier General John Pogo, both of whom died in roadside incidents. He said the measure would require drivers to slow down, change lanes if safe, and move over for roadside vehicles, with the intent of education rather than punishment. Committee members asked about enforcement, the lack of a fiscal note, whether the bill applied statewide, and whether the language could be read as weakening the move-over requirement; the sponsor said it applied to all roads, did not change fines, and was meant to clarify and broaden safety obligations. The hearing continued with additional questions, and the sponsor said state police and other safety stakeholders supported the approach.

Transcript Highlights:

• note was attached a large fiscal note was attached estimating<00:11:07.040> cost<00:11:07.360>
• <00:11:51.600> note<00:11:52.000> and elements driving the fiscal note and elements
• Um, I won't go down the rabbit hole of the fiscal note and all of that.
• <00:35:01.440> note down the rabbit hole of the fiscal note down the rabbit hole of the fiscal
• /c><01:33:12.880> previously<01:33:13.360> has fiscal note that there previously has fiscal

Keywords: 1189, house, all

Transcript Highlights:

• I believe there is a date, which I think is fiscal 2028-29. Yeah.
• It also noted that this could be related to financing.
• academy classes graduating this next fiscal year.
• There are a number of fees that DMV collects, as they noted earlier.
• So I think there are a couple things I would note.

Keywords: 988, house, all

Summary: The committee heard several budget and policy items, beginning with the DMV’s proposal for the federal state-to-state verification system and the Digital Experience Platform (DXP). DMV officials said the state-to-state system is required for Real ID compliance and functions as a pointer system that shares only limited identifying information to help states verify whether an applicant has records in another jurisdiction. Members pressed hard on privacy, access, hacking, notification, and misuse concerns, including whether other states or federal actors could use the system to target Californians. DMV said access is limited to member jurisdictions, requests are transaction-based, records are encrypted, California can see when its data is requested, and legal remedies would include working through AAMVA and the Attorney General if misuse occurred. On DXP, DMV said the project has been reset, is on its revised schedule and budget, occupational licensing is complete, vehicle registration is targeted for completion by the end of the calendar year, and the full modernization is expected by fiscal year 2028-29. The committee then took up the High-Speed Rail Office of Inspector General trailer bill and AB 1608. The Inspector General said current law does not clearly authorize public reports or establish a work-paper retention and disclosure framework, and that the trailer bill and AB 1608 would codify those powers, add access to needed job classifications and purchasing authority, and require public reporting with temporary confidentiality only in limited circumstances such as pending litigation, security vulnerabilities, or fraud-detection weaknesses. Members debated how broad the confidentiality language should be, whether reports could remain confidential too long, and whether the bill should define “proposed agreements” and require notice to the Inspector General when agreements are being reviewed. The Inspector General said he had already found at least one procurement-related state law violation involving an amendment that added services not in the original contract, and members discussed the project’s large cost growth and the need for stronger oversight. No vote was taken on the item in the portion provided. Finally, Caltrans began presenting a trailer bill proposal related to workforce development under SB 150, explaining that it would amend Government Code 14017, which governs use of federal highway formula funds and related workforce development efforts. The transcript cuts off as Caltrans starts its overview, so no further discussion, vote, or action on that item is shown in the provided text.

Transcript Highlights:

• the current fiscal year, or how was that handled?
• Permanent rulemaking will occur prior to the end of the fiscal year.
• The program received an initial appropriation for fiscal year 24-25 of $500,000.
• So in fiscal year 2023-24, we funded 38 dentists.
• Then, in the past fiscal year, we added dental hygienists to that.

Summary: The committee met to receive implementation updates on recently enacted health care laws from AHCA and the Department of Health. AHCA reported on rural emergency hospitals, explaining the new Class 4 hospital designation, rule changes completed June 1, 2025, and that no Florida hospitals have yet converted, though one North Walton/DeFuniak Springs-area hospital has expressed interest. AHCA also reviewed the non-emergent care access plan requirement for hospitals with emergency departments, saying 83 plans had been received since July 1 and 63 approved, with plans emphasizing patient education, referrals to primary care or urgent care, and coordination for Medicaid managed care enrollees through the Florida HIE/ENS system. Members asked about HIE capacity, data collection, and whether the plans would identify shortages or trigger accountability measures; AHCA said it had moved to a new HIE vendor and would continue gathering data. AHCA also updated the committee on the TEACH workforce program, reporting $6.8 million in FY 2024-25 spending across 59 parent organizations and 229 facilities, with more than 1,800 students and nearly 380,000 clinical hours reimbursed, and said a federal 1115 workforce waiver was unlikely to move forward under CMS. On KidCare, AHCA said House Bill 121’s expansion to 300% of the federal poverty level remains blocked by federal litigation and CMS action tied to premium nonpayment rules, and members and public witnesses urged prompt implementation and asked for enrollment/disenrollment data and the rural health transformation funding outlook. Public testimony largely supported the NCAP and TEACH programs and pressed for action on KidCare. Representatives from health centers said NCAP has strengthened hospital-health center relationships and improved care coordination, including reduced recidivism in some hospitals. A Bond Community Health Center physician said TEACH is helping offset the burden of training students and could help address workforce shortages, especially in rural and underserved areas. Advocacy groups urged the committee to push for implementation of the KidCare expansion, citing children in the coverage gap and rising uninsured rates. The Department of Health then presented on several programs from the 2024-25 session. It reported on the Florida Reimbursement Assistance for Medical Education (FRAME) program, including 78 dentists and 15 dental hygienists funded under the dental track and nearly 1,300 medical professionals funded overall, with 123 dental applications and 71 funded dentists in the most recent cycle. DOH also updated the Screening and Services Grant Program, the Health Care Innovation Revolving Loan Program, the statewide telehealth maternity care program, and the swimming lesson voucher program, noting strong participation and outcomes such as reduced ER visits and improved postpartum follow-up in the maternity program. Finally, DOH said implementation of the HIV prevention drug/pharmacist dispensing law is underway, with three certification courses approved and five certifications issued. Members asked about barriers to wider use of HIV prevention drugs, more detailed maternal outcome data, and the dental workforce program report; DOH said more detailed reports would follow.

Transcript Highlights:

• Our statewide cost, or our statewide appropriation for fiscal year 2025-26, the fiscal year that just
• <00:20:47.120> year<00:20:47.360> that fiscal year 2526, the fiscal year that fiscal
• It's really between uh fiscal years.
• How many days filed in fiscal year 25.
• those notes and excuse those absences. those notes and excuse those absences.

Keywords: Meeting Start: 00:00:00 Roll Call: 00:00:08 Agency Updates: 00:01:27 Truancy: 00:01:43, 958, all

Summary: The Juvenile Justice Oversight Council met on October 8, 2025, approved the minutes from the August 29 meeting, and then focused its agenda on truancy and chronic absenteeism. Chad Butler, director of pupil personnel for Meade County and president of the Kentucky Department of Pupil Personnel directors, said chronic absenteeism remains a major problem statewide, citing recent Kentucky rates around 28% to 30% and noting that schools are trying to identify best practices to get students back in class. He said causes appear to include post-COVID social-emotional distress and confusion about when students should stay home, and he described a local effort to use a Healthy Kids Clinic model to keep some students in school when possible. In response to questions, he said chronic absenteeism has only been tracked seriously in the last two to three years and that House Bill 611 appears to have increased the number of youth entering the court system for habitual truancy; AOC said it would provide county-by-county data and outcomes later in the meeting. The council then heard from John Tyson of Alabama, a former Mobile district attorney, who described the Helping Families Initiative as a school-community partnership designed to address truancy and related behavior issues without arrest. Tyson said Alabama defines chronic absence as missing 10% of the school year and emphasized that the program is preventive rather than punitive, using warning letters, family engagement, assessments, individualized intervention plans, and referrals to community services. He said the program has operated since 2003, now includes 20 district attorneys and 44 school systems, and served more than 95,000 students, 73,000 families, and 162,000 parents in the most recent year. Tyson reported that in Mobile County the program was associated with a 3.15% attendance improvement in 2023-24 and a 4% reduction in the issue in 2024-25, along with a 50% reduction in truancy and 58% reduction in chronic absenteeism, and he said the program produced a large return on investment. Tyson also stressed that student absenteeism wastes tax dollars and that better attendance improves educational outcomes and community safety. He described the program’s use of a case-management database, real-time data tracking, and more than 1,000 referral agencies, and said the model is intended to be replicated statewide. He closed with examples of students whose attendance and family circumstances required coordinated support rather than punishment, including a teen mother and a disruptive child, to illustrate his view that schools, courts, and social services should work together to address underlying needs and keep children in school.

Transcript Highlights:

• defrail impact, um, I would just note defrail impact, um, I would just note that<00:34:58.720>
• <00:36:30.800> impact have their own means of fiscal impact have their own means of fiscal
• Um you'll note this sort of impact.
• Um, and it was noted during that process that the fiscal impact was minimal, which Miss Hughes supported
• treatment as Jennifer noted for her son. treatment as Jennifer noted for her son.

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:23 Kentucky Bankers Association 00:02:32 How to Read and Understand KRS 6.948 Health Mandate and Federal Cost Defrayal Impact Statements 00:25:40 Proposed Amendments to Kentucky's Essential Health Benefit-Benchmark Plan 00:50:18 Proposed Health Insurance Legislation for the 2026 Session 01:04:22 Reimbursement for Covered Benefits Delivered Through the Psychiatric Collaborative Care Model 01:01:46 Coverage of Eating or Feeding Disorders 01:18:47 Coverage of Hearing Loss 01:25:31, 958, all

Summary: The Interim Joint Committee on Banking and Insurance met for its first interim meeting, established a quorum, approved routine opening items, and welcomed a new committee assistant and a legislative intern. The committee first heard a Kentucky Bankers Association presentation from Tim Shank and John Cooper focused on the state’s housing shortage, which they described as affecting all 120 counties and especially low- and moderate-income and workforce housing. They urged support for a proposed $20 million banker-backed revolving fund, paired with tax credits, to finance new housing construction; they said the program would be flexible, could support alternatives such as manufactured housing, and would use below-market loans with tax credits vesting over five years only after units are completed. They also asked for extension of the historical tax credit carryforward from five to seven years and for continued support of new market tax credits, arguing that supply-chain delays make the longer period necessary for historic rehabilitation projects. The bankers also raised concerns about credit unions, arguing that because credit unions do not pay the same taxes as banks, they should not be allowed to acquire healthy state-chartered banks or hold state and local deposits. They cited the recent purchase of First State Bank of Middlesborough as an example, saying the transaction would reduce state, county, and city tax revenue and weaken local tax bases. In response to committee questions, the presenters said local regulations, zoning, parking, sidewalk, and utility easement issues can significantly delay housing projects, and they emphasized that state policy and infrastructure support are needed to help address affordability and development barriers. The committee then shifted to a Department of Insurance presentation by Commissioner Sharon Clark on how to read KRS 6.948 health mandate and federal cost defrayal impact statements. Clark explained that the mandate statements were created in 1998 so legislators would have actuarial estimates of how proposed health insurance mandates would affect administrative costs, premiums, and total costs, and she noted that later legislation added federal cost-defrayal analysis. She also reviewed the background of the Affordable Care Act’s essential health benefits framework and said the department’s statements are intended to help lawmakers make informed decisions on proposed health coverage mandates. No votes or formal actions were taken during the portion of the meeting provided.

Transcript Highlights:

• The first allocations began in the 2022 supplemental for that second fiscal year, and then every year
• I also wanted to note here that to further support school buses in their transition to zero emission,
• I wanted to note here an exciting first for us.
• This is based on the CCA funding awarded through fiscal year 25.
• This graphic represents the projects that have been completed during fiscal year 2023 through fiscal

Summary: The House Transportation Committee held a work session focused on Climate Commitment Act transportation spending and electrification programs. Staff first reviewed overall CCA transportation allocations, saying about $2.2 billion has been allocated over three biennia, with major categories including public transportation, active transportation, ferry electrification, zero-emission vehicle programs, rail/ports, and planning. Members asked for additional breakdowns comparing CCA dollars with total program costs across categories. The Department of Ecology presented on the zero-emission school bus grant program. Ecology said the program was codified in 2024 and supports the transition from diesel to electric school buses, including buses, charging infrastructure, and training. For 2025-27, Ecology received $38.3 million in CCA funding; $21.4 million is already obligated or spent, replacing 91 diesel buses in 28 districts, with the rest to be awarded by the end of the biennium. Members asked about cost parity, exemptions for rural and extracurricular routes, health data, and whether the funding covers chargers as well as buses. Ecology said OSPI is developing the parity formula and exemptions are available when electric buses cannot meet district needs. The Department of Commerce described its clean transportation role, including EV rebates, tribal charging and electric boat projects, and the EV Coordinating Council. Commerce said its rebate program was designed to lower monthly costs and prioritize low-income households, with 89% of recipients saying the rebate was essential to their purchase. It also reported strong demand for charging grants, progress on tribal projects, and concerns about utility interconnection timelines, vandalism, and range anxiety. The Department of Enterprise Services reported on state agency EVSE projects, saying it has completed 82 sites with 567 Level 2 ports and 46 DC fast chargers, and that current projects will add 152 more Level 2 ports; members asked about replacing aging chargers and the state’s EV fleet purchasing mix. WSDOT closed with updates on charging, transit, and port electrification. It said its corridor charging program has awarded 23 sites this biennium, with 13 in overburdened communities and five tribal sites, and that the Washington Zero Emission Incentive Program opened with $112 million for vouchers for zero-emission commercial vehicles and equipment. WSDOT also described transit grants, including bus and bus facility funding, commute trip reduction, paratransit, tribal transit, and zero-emissions access car-share projects. The rail freight and ports division reported $89.8 million for port electrification projects, including shore power and drayage trucks, but noted only about 10% has been spent so far because projects are still in design and permitting. Members raised concerns about funding gaps, supply-chain delays, utility capacity, and whether the programs are sufficient to meet broader electrification needs.

Transcript Highlights:

• One note for the access to justice components: you know, we're in a much tougher fiscal situation.
• Our main request for fiscal year 27 is for two new FTEs.
• As we've indicated, last fiscal year, Fiscal Year 2025, we serviced over 8,000 members of Dona Ana County
• We understand and can quantify what that fiscal impact is.
• Specifically, the fiscal impacts here were just taken from the FIR.

Transcript Highlights:

• Just as bonds once hedged equity volatility, Bitcoin now counters currency and fiscal risks.
• So S-1967 embodies prudent fiscal policy.
• Recent studies note that the precipitation from extremely heavy storms has... In weather patterns.
• Recent studies note that the precipitation from extremely heavy storms has increased 70 percent since
• A 2023 study by ArcGIS Maps noted that older industrial cities, like so many that we have here in the

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hearing on 25 tax and administrative bills, with opening remarks explaining the hearing process and noting that House-filed matters must be reported by December 6. The first major topic was funding for the Massachusetts Law Enforcement Memorial and related support for families of fallen officers. Police representatives, memorial fund advocates, and family members gave emotional testimony urging favorable action on S. 1934 and related bills, emphasizing the need for a permanent revenue stream to maintain the memorial and honor officers killed in the line of duty. Committee members and legislators responded with personal remarks of support and appreciation for law enforcement families. The committee then heard testimony on a proposed Commonwealth Bitcoin Strategic Reserve, including S. 1967 and related bills. Senator Peter Durant and later Dennis Porter argued that the state should be allowed to invest a limited share of stabilization or other funds in Bitcoin or other regulated digital assets as a hedge against inflation and fiscal risk, with strict caps, custody rules, and audits. They described the proposal as a forward-looking, non-mandatory framework for diversifying state reserves. No vote was taken during the hearing. Another major topic was disaster resilience funding. Dr. Paul Biddinger of Mass General Brigham supported S. 1936/H. 3030, saying climate-driven flooding, drought, and wildfire risks are increasing and that the State Disaster Relief and Resiliency Trust Fund needs a dedicated revenue source. Senator Comerford also testified in favor, explaining that the fund was created in the prior session, that recent floods showed the need for quick state response, and that the bill would dedicate a portion of capital gains revenue to the fund. Committee members asked about how the fund would accrue and be used. The committee also heard testimony on PILOT and endowment-related bills: AICUM opposed H. 3122/S. 2013 and H. 3264/S. 2016, arguing that an endowment tax and mandatory PILOTs would harm private nonprofit colleges, students, and research; and a representative from Peru supported reform of PILOT formulas for state-owned land, saying rural towns need higher reimbursements and hold-harmless protections. The hearing concluded after testimony on the digital asset bills, with no recorded votes or final actions.

Transcript Highlights:

• And I wrote a note to myself and I can't remember what it was.
• This is just general fund food security, just for FY 26, state fiscal year 26.
• And on the second bullet here, I just noted specifically that.
• So, in FY24, in state fiscal year 2024, nationally, New Mexico ranked...
• So I just wanted to be fair and note that. Thank you, ma'am.

Transcript Highlights:

• So did we have the fiscal note on that when it passed?
• Senator, you would have had a fiscal note, yes. I just don't remember it.
• Senator Davison, Chair Cleary, members of the committee, I can get you what the fiscal note was, and
• I don't remember exactly what the fiscal note was off the top of my head. 700 million. That's okay.
• Chair, based on previous versions of this bill, it has, again, a sizable fiscal note, so I would move

Summary: The Employee Benefits Committee met to hear presentations on state employee health insurance, compensation, leave policies, labor market conditions, and prevailing wage issues, then later took up committee rules and bill-draft jurisdiction. PERS reviewed the history and structure of the state health plan, noting the state has paid the full family premium since 1979, described cost-control and benefit-enhancement changes over time, and explained current plan options, wellness incentives, employer wellness discounts, and the upcoming bid process for the 2027-29 contract. HRMS then presented compensation comparisons showing state classified pay generally trails private and regional markets, with larger gaps at higher-level jobs, and reviewed benefits and leave policies, including the new enhanced annual leave and new-hire leave, the state’s unpaid family leave structure, and varying tuition reimbursement practices. Job Service reported on labor force trends, low unemployment, high labor force participation, job openings, and wage growth, and OMB said there are no state prevailing-wage requirements beyond federal Davis-Bacon rules for federally funded projects. The committee then considered a proposed amendment to Joint Rule 211 to better align the health insurance mandate review process with recent statutory changes. Members discussed how the rule should reference both the committee’s required actuarial reports and the Legislative Council cost-benefit analysis, and the amendment was adopted on a roll call vote. The committee also discussed how its jurisdiction decisions affect whether a bill draft receives actuarial analysis, with staff explaining that a decision not to take jurisdiction means the bill is not treated as impacting the relevant retirement or health plans for purposes of that analysis. After that, the committee began reviewing bill drafts for jurisdiction. The first draft, bill draft 33, would automatically renew pre-tax elections for dental and vision coverage during open enrollment instead of requiring annual re-election. Members debated whether it had any actuarial impact, noting the state does not pay those premiums directly, and the discussion was still underway when the transcript ended.

Transcript Highlights:

• note for the Um there was a fiscal note for the infertility<00:11:05.120> mandate<00:11:05.440
• Uh, we have fiscal notes.
• Uh, we have fiscal notes.
• Uh we have fiscal<00:32:08.480> notes.
• We have the process that fiscal notes.

Keywords: 1187, senate, all