Video & Transcript Research : 'surplus distribution'

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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.
HI

Hawaii 2025 Regular Session

CPC/CPN Joint Info Briefing - Mon Jan 27, 2025 @ 2:00 PM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • losses, and then they would participate up to the $100 million, and they would exhaust 56% of their surplus
  • <00:31:39.720> 56%<00:31:40.679> of<00:31:40.840> their<00:31:41.000> Surplus
  • they would exhaust 56% of their Surplus they would exhaust 56% of their Surplus in<00:31:42.120>
  • Is there an excess surplus policy I could get for the $250,000 balance?
Keywords: 910, house, all
HI

Hawaii 2025 Regular Session

WAM-CPN Informational Briefing 01-06-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • The majority of their coverage is coming from what's called a surplus lines carrier, and they can charge
  • moving forward to see if they can assist, you know, lowering that cost, taking a layer away from those surplus
  • 20.840> those that cost taking a layer away from those that cost taking a layer away from those Surplus
  • > lines<01:13:21.880> insurers<01:13:22.880> and<01:13:23.080> providing Surplus
  • lines insurers and providing Surplus lines insurers and providing some<01:13:23.760> relief<01
Keywords: 912, senate, all
Summary: The Joint Committee on Ways and Means and Commerce and Consumer Protection heard the Department of Commerce and Consumer Affairs present its biennium budget request for fiscal years 2025 to 2027. Director Nainoa Ando said the department’s requests were primarily special-fund ceiling increases to meet operational needs. Major items included an additional $12 million to complete the King Kamehameha V Post Office building roof project after hidden deterioration and water intrusion were discovered, plus funding related to fringe benefits and central services assessments. The department also outlined requests for a new medical compact implementation cost, an auditor position, an engineer position, and a captive insurance IT modernization project. A significant portion of the discussion focused on the Office of Consumer Protection’s landlord-tenant call line and public service access. Senators raised concerns that callers often reach voicemail, are told to leave a message, and sometimes are referred to look up the law themselves. DCCA said the Oʻahu line is staffed by one full-time employee backed by two to three investigators, with one investigator each on Maui and Hawaiʻi Island, and that calls are tracked in a case management system. The department said it plans to add one more Oʻahu staff position through a transfer from another division and that a new call-center/web system with time tracking is expected to go live in the summer. Members also discussed a possible bill related to Pearson VUE nursing certification testing, with one senator describing the burden on neighbor-island nursing graduates who must travel to Honolulu for a one-hour test. The senator said she intended to introduce legislation after receiving no response to repeated outreach. DCCA did not take action on that proposal during the hearing. For the PUC-related requests, the department explained a one-time $1 million request for outside consulting tied to Maui wildfire-related filings, including wildfire safety mitigation and hazard mitigation plans, and a separate $900,000 request through the Consumer Advocacy Division to hire consultants for review and analysis. The committee also discussed a captive insurance IT modernization request, which DCCA said would replace manual and spreadsheet-based processes with a cloud-based system to better handle filings, payments, and workflow; no vote or final action was taken on the budget items during the hearing.
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
MN
Transcript Highlights:
  • DEED, and that they support the shift in funding from the E program to the IPS program because of a surplus
  • c><00:10:14.000> in<00:10:14.240> one<00:10:14.480> and program because of a surplus
  • in one and program because of a surplus in one and a<00:10:14.959> deficit<00:10:15.279> in
  • And after spending an incredible surplus in the last biennium, we have to bring these numbers down.
  • And after spending an incredible surplus And after spending an incredible surplus in<01:52:47.119
Keywords: 1183, house
LA
Transcript Highlights:
  • It provided two appropriations to LASERS: one is the fiscal year 2024-2025 surplus appropriation of $144
Summary: The Public Retirement Systems Actuarial Committee met on June 22 and approved the minutes from the February 23, 2026 meeting. There was no public comment. The main discussion focused on Louisiana State Employees’ Retirement System (LASERS) and how appropriations from House Bill 312 of 2026 affect the system’s actuarial valuation and employer contribution rate for fiscal year 2027. Staff explained that HB 312 provided about $145 million in appropriations to LASERS, with roughly $87.6 million applied to the original amortization base and about $57.9 million applied to the experience account amortization base. As a result, the projected aggregate employer contribution rate for the fiscal year beginning July 1, 2026 was revised from 32.51% to 30.05%, a reduction of 2.46%, and the required projected employer contribution was updated to about $738.7 million. The presentation also noted that the June 30, 2025 valuation itself did not change, only the projected 2026 rate, and that the original amortization base would be paid off by June 30, 2026. Committee members asked about the longer-term effect of the changes, including a projected 2036 payment reduction. Staff explained that later-year UAL payments would be lower, but that the exact savings would depend on future actuarial experience and investment performance. The committee then adopted the motion to revise the projected fiscal year 2027 LASERS aggregate contribution rate to 30.05%, subject to the appropriation, and later adjourned without opposition.
CA
Transcript Highlights:
  • Now, we have pockets of surplus nurses in certain areas, let's say Southern California...
  • So we hear the stories around there being pockets of surplus and pockets of shortage.
  • We are lucky to have many options, but everyone is backlogged with the surplus of clients.
Summary: The joint Assembly and Senate Business and Professions sunset oversight hearing focused first on the Board of Registered Nursing (BRN), with committee chairs emphasizing oversight, consumer protection, workforce access, and economic mobility. BRN leaders reported improvements since the last review, including faster licensing timelines, streamlined enforcement, higher consumer satisfaction, growth in pre-licensure enrollment, and expanded data collection. Members questioned the board about nurse practitioner scope and supervision, international and military pathways to licensure, online nursing education and clinical requirements, rural workforce shortages, and the 30-unit LVN-to-RN option. BRN staff explained California’s tiered advanced practice system, the NCLEX and certification requirements, English proficiency rules, clinical hour standards, and the board’s role in approving programs and supporting schools through nursing education consultants. Several members and the board president also discussed the need to retain new graduates, improve diversity in the workforce, and better support nontraditional students and rural placements. Public comment on the BRN sunset review was extensive and largely supportive of the board, while also urging policy changes. Nurse practitioner, nurse anesthetist, nurse midwife, and nursing education groups generally supported the BRN report and especially backed clarification of APRN-to-RN delegation authority under issue 13. Other commenters asked for clearer implementation of AB 890, more flexibility for clinical nurse specialists, streamlined renewals for nurse midwives, and changes to federal loan limits affecting graduate nursing education. Higher education representatives and private nursing schools raised concerns about duplicative BRN documentation, clinical placement bottlenecks, and barriers faced by out-of-state and online programs seeking to serve California students. The California Medical Association and some physician groups opposed easing transition-to-practice requirements for out-of-state nurse practitioners and cautioned against changes to specialty and delegation rules, while the California Nurses Association and others stressed the importance of community college pathways, new graduate support, and workforce retention. The hearing then moved to the Physical Therapy Board of California. Board leadership reported that the board oversees more than 41,000 active licensees, has seen about 15% growth since 2021, and continues to maintain high exam pass rates among California physical therapy and physical therapist assistant programs. The board described its mission as consumer protection through licensing, enforcement, continuing competency oversight, and stakeholder engagement. The vice president’s remote testimony encountered technical problems, so the executive officer continued with a brief overview of the board’s work and its commitment to efficient service and public protection. No votes or formal actions were taken in the portion of the meeting provided.
KY

Kentucky 2026 Regular Session

Senate Legislative Session Day 18 (2-2-26)

Kentucky Senate Floor Meeting

Transcript Highlights:
  • a<00:36:19.599> $28<00:36:20.160> million At the end of the year, a $28 million surplus
  • Let me repeat: $20 million surplus.
  • Let me repeat: $20 million surplus, which is 4% of their budget, which is twice as much as the state
Keywords: 958, all
Summary: The Senate convened with an invocation, Pledge of Allegiance, roll call, and a quorum established. The journal was approved, absent senators were excused, and new bills and resolutions were introduced, including measures on housing districts, calorie information, alcohol beverage control, county clerk filings, vital records, and a resolution honoring Dr. Samantha Shaver. The chamber also received notice that the House had passed House Bills 384, 144, and 290 and requested concurrence. The Senate then recessed briefly for party caucuses before reconvening. The main floor action centered on Senate Bill 3, relating to school district finances. The bill, as amended by Senate Committee Amendment 1 and Senate Floor Amendment 2, was described as strengthening financial transparency for school districts by requiring public access to budgeting information, monthly credit card statements, superintendent contracts and compensation, audits, and final working budgets. Supporters argued it would improve fiscal responsibility and accountability in response to concerns about spending practices in large districts. The Senate adopted both amendments and passed SB 3 by a vote of 35-1, with one senator explaining a no vote while acknowledging the need for transparency. The Senate then took up Senate Bill 1, relating to education and the governance structure of a large school district. Supporters said the bill responds to a recent court ruling by adding detailed findings to justify treating the district differently and by clarifying that the superintendent handles day-to-day operations while the board focuses on strategic planning, budget approval, audits, and hiring or firing the superintendent. Proponents cited the district’s size, share of state education funding, number of students, and concentration of low-performing schools as reasons for the change. Opponents argued the bill would reduce elected board accountability, questioned whether the structure would improve outcomes, and emphasized broader funding and achievement challenges. After extended debate, the Senate proceeded to a vote on SB 1; the transcript shows a brief proponent statement and a lengthy opposing explanation, but the final vote result is not included in the provided text.
MN

Minnesota 2025 1st Special Session

House passes omnibus transportation bill, HF14, during 2025 special session 6/9/25

Minnesota House Floor Meeting

Transcript Highlights:
  • We had a golden opportunity in 2023 with some 18 to 20 billion dollar surplus and we blew it.
  • We had a golden opportunity in 2023 with some 18 to 20 billion dollar surplus and we blew it.
  • We had a golden opportunity in 2023 with some 18 to 20 billion dollar surplus and we blew it.
Keywords: 1183, house
CA
Transcript Highlights:
  • Those percentages are known colloquially as the split, and that comes from the actual distribution of
  • The expansion of transitional kindergarten and distributing funding with that new method shifts $492
  • Those are both budgeted through the community colleges but not part of the distribution of funding under
  • So at a basic level, it would be just adopting different distribution decisions in your final package
  • Second, our plan reduces ongoing funding for a program with an ongoing surplus: the part-time faculty
Summary: The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs. Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer. Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility. The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.
TX

Texas 89th 2nd C.S.

89th Legislative Session May 8th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Mobile Blessings from the Heart is a nonprofit mobile food pantry that distributes food to senior citizens
  • Mobile Blessings from the Heart is a nonprofit mobile food pantry that distributes food to senior citizens
  • Senate Bill 2420 by Paxton relating to the regulation of platforms for the sale and distribution of software
  • SB 2420 by Paxton, relating to the regulation of platforms for the sale and distribution of software
  • SB 2420 by Paxton, relating to the regulation of platforms for the sale and distribution of software
Summary: The House convened with a quorum, offered an invocation and pledges, and received several announcements and recognitions before moving to legislation. Members honored the UTRGV chess team for winning a share of the 2025 President’s Cup, educator Jessica Lopez, the late Jennifer Maddenly, Jeanette Valdez Duran and Mobile Blessings from the Heart, TAMAC’s 50th anniversary, and journalist Bernardine Steptoe’s retirement. The chamber also adopted motions allowing committees to meet, setting a local and consent calendar, and suspending posting rules for a Public Health hearing on SB 2721. The House then considered a long series of Senate and House bills on third reading, with many passing by wide margins. Measures included SB 906 on Ysleta del Sur Pueblo peace officers; SB 1229 designating Veterans Memorial Highway; SB 855 on foster care medical costs; SB 703 on massage therapy licensing and trafficking protections; SB 1025 on tax-increase ballot language; SB 1119 on water park liability; SB 1080 on provisional occupational licenses for people with criminal convictions; SB 929 on lien deadlines; SB 1355 on liquor sales credit disputes; SB 2231 on fee waivers for college applications; SB 1877 on Public Utility Commission data access; SB 1998 on pediatric preceptorships; and several House bills on topics such as bond forfeiture notice, health workforce planning, civil commitment counsel, expunction of contempt records, consumer transactions, nuisance birds, theft venue, military grant applications, AI cancer-detection grants, cybersecurity contract language, military-related tuition, utility recovery mechanisms, psychedelic therapy studies, teacher retirement funding transparency, election procedures, juvenile parole eligibility, and more. Some bills drew notable debate or amendments. HB 200, creating a “second look” parole process for certain juvenile offenders after 20 years, prompted extended discussion about serious offenses and juvenile rehabilitation before passing 102-4. HB 2298 on AI-assisted cancer detection passed 85-62 after the sponsor emphasized “augmented intelligence” and physician oversight. HB 5247 on utility capital recovery saw a failed amendment to require ratepayer credits, then passed. HB 3045, a franchise tax exemption for spaceport operators, initially failed 73-74 but later passed after verification showed a 70-69 result. SB 2420, regulating app stores and mobile software distribution, was postponed for later consideration after substantial debate over age verification responsibilities. Several other measures were postponed, including SB 888, SB 552, SB 17, and SB 2420, while HB 1128 on election judges carrying concealed handguns passed 85-57 after a withdrawn point of order.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 1/16/25

Higher Education Finance and Policy

Transcript Highlights:
  • Typically, they have formulas or kind of funding formulas that decree how the law distributes money to
  • money<00:06:38.720> to<00:06:38.840> various<00:06:39.199> entities um distributes
  • money to various entities um distributes money to various entities um<00:06:40.800> a<00:06:40.960
  • It served a total of 67,854 students and distributed $215 million in total awards.
  • also mentions that OHE has the ability to reduce or increase awards to accommodate insufficient or surplus
Keywords: 1183, house
Summary: The Higher Ed Finance and Policy Committee met to begin a budget overview for higher education. The chair noted quorum, committee member introductions, and that Democratic members were absent. The chair also said the Office of Higher Education would not be appearing for the planned budget deep dive, so nonpartisan fiscal staff would present instead. Ken Savory, the committee’s nonpartisan fiscal analyst, introduced a presentation on the higher education finance structure and timeline. Savory explained the state budget cycle, the difference between direct appropriations, statutory appropriations, open appropriations, base funding, tails, and one-time appropriations, and how those concepts apply to higher education. He described the committee’s usual budget areas: the Office of Higher Education, Minnesota State, the University of Minnesota, and the Mayo Foundation. He also reviewed historical spending charts showing higher education’s share of the general fund over time, the 2/3-1/3 funding policy in statute, and how tuition and general fund support have shifted. He noted that the FY 26-27 base for the Office of Higher Education area is about $725 million, including roughly $450 million for the State Grant program and about $99 million for North Star Promise. Members asked about comparing the current budget to earlier biennia, and staff responded that they would need to calculate the percentage difference. The chair then summarized prior budget growth, saying the previous budget was about $650 million over base and the current budget/tail was about $450 million over base. Staff also reviewed the 2024 omnibus higher education bill, including a roughly $5 million reduction to North Star Promise that was redirected to the Fostering Independence Grant program and a $500,000 appropriation for Minnesota State’s Kids on Campus program. The committee did not take any formal votes or actions during this portion of the meeting.
MN

Minnesota 2025-2026 Regular Session

Task Force on Homeowners and Commercial Property Insurance 10/22/25

Minnesota House Floor Meeting

Transcript Highlights:
  • Do lenders in Minnesota typically accept coverage from the FAIR Plan or from a surplus carrier as an
  • And I am curious when you might have your solutions or recommendations that you could distribute out.
  • statute<01:42:58.800> for<01:42:59.119> the<01:42:59.600> uh<01:43:00.239> surplus
  • <01:43:00.719> lines statute for the uh surplus lines statute for the uh surplus lines minimum
Keywords: 919, house, all
Summary: The task force met on October 22, 2025, with a quorum present and several members participating remotely. Members approved the minutes from the previous meeting. Michelle Urick of the Legislative Coordinating Commission then gave an administrative update on proxy voting and the task force’s operating procedures. She said the enabling statute only authorizes the officially appointed member to act and vote, so proxy voting is not allowed, and votes must be cast in person at the meeting where the item is considered. She also said members may submit written positions, but not vote before or after a meeting. In response to concerns about attendance for future votes, the chair said the January meetings would be rescheduled if possible using a Doodle poll so more members could be present in person. The group also agreed to treat the revised document as operating procedures rather than a formal charter, with no separate adoption action needed at that time. The task force then moved into testimony on homeowners and commercial property insurance. Paul Edgar of Minnesota Realtors said rising insurance costs are adding to housing affordability pressures, citing an increase in the monthly principal, interest, taxes, and insurance payment on a median-priced Minnesota home from $1,622 in 2021 to $2,642 in September 2025. He said higher insurance costs and limited coverage can affect buyers’ financing, especially for condominiums and townhomes, and urged continued work on liability and insurance-related laws that may discourage condo development. He also referenced prior bipartisan reforms to Minnesota’s condominium construction defects law and said his organization supports further improvements to encourage more condo production. Keenan Ravery of the Minnesota Mortgage Association focused on how insurance requirements affect mortgage lending. He explained that lenders require insurance both at origination and throughout the life of the loan, with standards aimed at protecting collateral rather than providing full homeowners coverage. He said replacement-cost coverage has long been the norm, but recent issues with roofs, deductibles, HO-6 policies, and force-placed insurance have become pain points for consumers and lenders. He said his association is working with national trade groups on reforms that could allow more flexibility in coverage types and deductibles, and he expressed hope that Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency may announce policy changes in the coming months or by early 2026. No votes or substantive policy actions were taken beyond approving the minutes and agreeing to pursue scheduling adjustments for January.
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 2/10/25 - Part 1

Transportation Finance and Policy

Transcript Highlights:
  • c> your<00:08:24.440> tax line 64 highway use your tax line 64 highway use your tax distribution
  • funds this is a slight distribution funds this is a slight increase<00:08:26.479> to<00:08:27.479
  • As you know, roughly $600 million is surplus in the coming biennium for the general fund, but the state
  • DPS divisions oversee and administer several grant programs where state dollars are distributed through
  • <01:14:59.400> through State dollars are distributed through State dollars are distributed
Bills: HF5
Summary: The committee began with member and staff introductions, then heard an overview of the governor’s transportation budget recommendations from fiscal staff Andy Lee. He explained that the spreadsheet showed only proposed changes, not base spending, and highlighted General Fund and trunk highway adjustments for MnDOT and the Department of Public Safety, including operating changes, extensions of prior appropriations, increased state road construction and Blatnik Bridge authority tied to anticipated federal funds, State Patrol hiring and a metro headquarters item, aeronautics changes, and revenue adjustments in the Driver and Vehicle Services special revenue account. The main testimony came from Metropolitan Council Chair Charlie Zelle, who outlined three budget-related items: advancing funds to MnDOT to help coordinate a highway reconstruction with a transitway project, making Metro Mobility riders eligible for free fixed-route transit, and reducing the Metro Transit general fund appropriation by $32.454 million annually. He said the advance would speed delivery and reduce disruption, the free-fare pilot had been successful and could save money if even a small share of Metro Mobility trips shifted to fixed-route service, and the general fund reduction was manageable in the near term because of new revenue streams but could constrain future expansion and capital maintenance. Members questioned the long-term effects of the proposed reduction, possible impacts on safety, service expansion, and capital maintenance, and whether federal funding uncertainty could affect operations and bus procurement. Zelle said the cuts would not affect immediate operations but could limit future BRT, microtransit, and transitway expansion, while also noting that capital maintenance needs include platform rebuilds, track work, rolling stock, and station repairs. He also said the 2023 funding package had accelerated projects and that the council was opening three transit lines this year. No votes or formal actions were taken in the portion provided.
NE

Nebraska 2025-2026 Regular Session

Legislative Afternoon Session Apr 8th, 2026

Nebraska Unicameral Floor Meeting

Transcript Highlights:
  • it reflects this $5 million transfer out, and the budget still is in balance with a $2.9 million surplus
  • A lot of groups have been distributing different materials, and I want to talk a little bit about the
  • They've already lost their distribution from the State of Nebraska taxpayer money we're talking about
  • They've already lost their distribution ...from the taking of the Bureau of Educational Land Funds.
TX
Transcript Highlights:
  • This is exclusive of your payout of your pensions, of your distributions. You don't know that.
  • excuse me, two and a half times or four times the grant monies, until the amount of grant money distributed
  • the general revenue dedicated 0195 Next Generation 911 Fund, of which a portion was immediately distributed
  • This would cost about $250 million, which is a small fraction of the surplus, but it would make a meaningful
Summary: The Senate Finance Committee heard budget presentations for the Texas Historical Commission, the Pension Review Board, the Employees Retirement System (ERS), Social Security and benefit replacement pay, the Texas Emergency Services Retirement System (TESSRS), and the Cancer Prevention and Research Institute of Texas (CPRIT). The Legislative Budget Board outlined recommendations and major changes for each agency, including reductions tied to one-time projects at the Historical Commission, continued funding for courthouse grants, heritage trails, and Holocaust/genocide education, as well as new or modified riders and capital items. For the pension-related items, LBB described funding changes for PRB, ERS, Social Security, and TESSRS, including ERS health plan cost growth driven largely by pharmacy costs, the status of pension funding reforms, and TESSRS’s request for additional state support to address its unfunded liability and staffing needs. Members asked extensive questions about the Historical Commission’s one-time funding, unexpended balance authority, courthouse preservation, the Presidio La Bahia and National Museum of the Pacific War projects, and coordination of Texas history messaging across sites such as the Alamo, San Jacinto, Washington on the Brazos, and other heritage locations. The Historical Commission chair emphasized heritage tourism, economic development, and the need for continued investment in historic sites, staffing, IT modernization, and vehicles. On the pension items, senators discussed PRB oversight of local systems, including the Dallas police and fire pension situation, and ERS investment returns, benchmark comparisons, and rising health costs. ERS officials said the plan remains well funded overall, noted a 2021 cash balance reform and a planned supplemental legacy payment, and explained that GLP-1 drugs such as Ozempic and Mounjaro are a major driver of pharmacy spending; they also said the agency is working with the Texas Pharmacy Initiative and that rebates are contractually returned to ERS. For TESSRS, LBB and agency staff said the system serves volunteer and part-paid emergency personnel, is facing an infinite amortization period, and is requesting additional appropriations, staffing, and IT funding, along with a statutory change to allow an actuarially determined state contribution. The agency said it may otherwise need to cut benefits for volunteer firefighters. For CPRIT, LBB reported about $600 million in recommended funding for the biennium and a 10-FTE increase, while the agency described its $6 billion voter-approved program, $3.75 billion in grants awarded to date, and $10.4 million in revenue sharing since 2011. CPRIT’s only exceptional item was a request for a 10% salary increase for two exempt positions. No committee votes or formal actions were taken in the transcript.
CA

California 2025-2026 Regular Session

Senate Floor Session Jun 25th, 2026

California Senate Floor Meeting

Transcript Highlights:
  • When California had a historic $98 billion budget surplus in 2022, we had the opportunity to pay down
  • They want housing for everyone, and you are right, this pot shares it and distributes to a whole number
Keywords: 987, senate, all
CA
Transcript Highlights:
  • CDFA's Agricultural Statistics Branch prepares and distributes statistics on California agriculture.
  • And, you know, we had not too long ago a huge surplus for these kinds of projects.
Keywords: 987, senate, all
CA
Transcript Highlights:
  • I also want to remind us that not that long ago we had a surplus in the budget, and so we had more money
  • and regulate activities in the cannabis marketplace from seed to sale, including cultivation, distribution
Summary: The Assembly Budget Subcommittee 5 on State Administration held a May Revise hearing focused on state administration proposals, with the chair noting no actions would be taken and all items would remain open. The committee heard presentations on a range of budget proposals, including technical adjustments for the Governor’s Office of Service and Community Engagement and the California Workforce Development Board, security and election-related funding for the Secretary of State, modernization and loan-backfill requests for the Department of Consumer Affairs, and multiple Employment Development Department updates covering EDD Next, UI and DI/PFL benefit estimates, workforce funding, and an EMT training reappropriation. Several items drew discussion from the LAO and committee members. The LAO generally supported technical or modernization items such as PERB’s implementation requests, GoServe’s College Corps adjustment, the Secretary of State’s security and HAVA grant items, and the Board of Pharmacy modernization proposal, but raised concerns about the Bureau for Private Postsecondary Education’s proposed $10 million General Fund backfill and interest-free loan language. For EDD, the LAO flagged the size of the DI/PFL benefit adjustment and the unusual structure of the document management system proposal within EDD Next, while EDD said the changes reflected higher participation and benefit levels after SB 951 and ongoing modernization needs. The Department of Industrial Relations drew the most extensive questioning. It proposed funding for legal unit reclassifications, EAMS and Cal/OSHA data modernization, a new Cal/OSHA emerging technologies unit, a COYA reappropriation, and trailer bill changes requiring electronic payment of employer assessments and adjusting the Workers’ Compensation Appeals Board timeline. Members pressed DIR on high vacancy rates, long wage theft and workers’ compensation backlogs, low collection rates for fines, and the need for clearer workload and outcome measures. DIR said the requests were intended to improve efficiency, support audits and corrective action plans, and better address emerging workplace risks, while the LAO said the workload drivers behind delays remain unclear. The hearing also included support for CalHR’s employee assistance program consolidation and CDT’s proposal to expand “Poppy,” a statewide generative AI assistant for state employees.