Transcript Highlights:

• I think we did a fairly accurate calculation, which is that the value, if these were treated as load
• I think we did a fairly accurate calculation, which is that the value, if these were treated as load
• I think we did a fairly accurate calculation, which is that the value, if these were treated as load
• I think we did a fairly accurate calculation, which is that the value, if these were treated as load
• I think we did a fairly accurate calculation, which is that the value, if these were treated as load

Keywords: 1189, house, all

Transcript Highlights:

• We also have a Representative West provision that clarifies how combined cannabinoids are calculated,
• We also have a Representative West provision that clarifies how combined cannabinoids are calculated,
• We also have a Representative West provision that clarifies how combined cannabinoids are calculated,
• It also clarifies that locals need to calculate their retail registrations based on population.
• It also clarifies that locals need to calculate their retail registrations based on population.

Keywords: 1183, house

Transcript Highlights:

• note, and our preference is to send the committees our unabridged fiscal notes with all of the calculations
• <00:18:21.960> so<00:18:22.080> you<00:18:22.160> can with all of the calculations
• A question followed asking whether the per member per month calculation needs to include all the variations
• And then per member per month calculation,<00:23:46.880> that<00:23:47.400> doesn't<00:
• 23:48.240> um calculation, that doesn't um calculation, that doesn't um need<00:23:49.320>

Keywords: 1189, house, all

Transcript Highlights:

• It also clarifies how locals need to calculate the retail registrations based on their population.
• It also clarifies how to calculate those optional retail registration caps when a city or township has
• the retail registrations based calculate the retail registrations based on<00:21:00.240> their
• It also clarifies<00:21:05.039> how<00:21:05.200> to<00:21:05.440> calculate<00:
• 21:06.400> those clarifies how to calculate those clarifies how to calculate those optional<00

Bills: HF4348, HF4186, HF4202, HF4455, HF3884, HF3883, HF3882, HF3881, HF2688, HF3295, HF3862, HF3362, HF4242, HF3798

Keywords: HF4186, Minnesota local government finance, housing and redevelopment authority, HRA, public investment authority, qualifying government, State Board of Investment, SBI, index mutual fund, multifamily housing development, long-term equity investment, investment-grade fixed income, federally insured securities, government-sponsored entities, municipal investing, local government investments, housing finance, public funds, investment policy, risk of loss

Transcript Highlights:

• you're saying, "Okay, put them<00:04:52.160> in<00:04:52.240> a<00:04:52.400> calculator
• <00:04:52.800> organizer<00:04:53.280> on<00:04:53.440> a them in a calculator
• organizer on a them in a calculator organizer on a door.<00:04:53.840> If<00:04:54.000> that's
• How do we calculate that?
• >> How do we calculate that? >> How do we calculate that?

Bills: HB1559, HB2012, HB2297, HB2122, HB2345, HB2398, HB2534, HB2621

Keywords: telecommunication devices, student use, public schools, student engagement, educational outcomes, confiscation policy, mental health, statewide policy, community literacy, education, Title I funding, reading proficiency, underserved communities, family engagement, tutoring, literacy support, adult education, community education, literacy programs, workforce development

Transcript Highlights:

• It does not automatically calculate or tabulate correctly.
• It requires repeated keystrokes and it forces workers to duplicate data entry and do manual calculations
• It does not automatically<00:10:45.519> calculate<00:10:46.000> or<00:10:46.240> tabulate
• automatically calculate or tabulate automatically calculate or tabulate correctly.<00:10:47.600>
• Um, in fact, it's actually calculations.

Bills: HF45, HF1148, HF3624, HF3586, HF777

Keywords: HF45, Lake Benton, capital investment, bonding bill, state bonds, bond proceeds fund, Public Facilities Authority, public infrastructure, sanitary sewer, water main, storm sewer, utility replacement, U.S. Highway 75, road reconstruction, municipal infrastructure, local government grant, Minnesota bonding, capital appropriation, food insecurity, prepared meals

Transcript Highlights:

• On the far left of the graph, you can see we've calculated a total.
• you can see um we've calculated a total. you can see um we've calculated a total.
• Um, Director Mingi, when you're looking at these cost calculations, like for example, on the automatic
• state costs, uh, other state costs, are those numbers calculated relative to the pre-budget forecast
• Madam Chair, Senator Rasmusson, so when we're calculating on a percentage basis, this is a little tricky

Keywords: 918, senate, all

Summary: The Senate Rules and Administration Select Subcommittee on Federal Impacts on Minnesotans and Economic Stability met on February 20, 2026, to hear from Minnesota Management and Budget State Budget Director Anna Mingi about federal funding changes affecting the state budget. Before testimony began, Senator Rasmusson objected to a draft committee report that had been prepared in advance of the hearing, arguing it was inappropriate to summarize testimony before it occurred. The chair responded that nonpartisan staff had prepared the draft from Mingi’s submitted presentation and could revise it after the hearing if needed. Director Mingi explained that federal dollars make up more than one-third of state spending and support about 650 federal awards totaling over $23 billion this year, with more than $15 billion supporting state entitlement programs. She said the federal funding environment had changed significantly since January 2025 through executive orders, pauses, terminations, new grant conditions, delayed awards, and the July 2025 passage of H.R. 1, the federal reconciliation bill. Her main focus was H.R. 1’s effects on health care and food assistance, including work requirements for some adults, changes to eligibility for legal non-citizens, limits on retroactive Medicaid coverage and directed payments, new limits on provider taxes, and SNAP changes that shift some benefit and administrative costs to the state and counties. She estimated H.R. 1 would reduce federal funds to state-administered programs by about $327 million in the current biennium and $1.6 billion in the next, with additional costs to hospitals, counties, and other partners beyond the budget horizon. Members asked follow-up questions about whether the estimates were relative to the forecast and whether federal Medicaid funding would still rise over time. Mingi said the estimates were based on the November forecast baseline and that Medicaid federal dollars would likely continue growing overall, though the law still creates significant losses relative to prior projections. Senator Rasmusson emphasized that point in remarks to the committee. The discussion then shifted to federal grant pauses and cancellations: MMB’s tracker showed about six awards on hold totaling roughly $491 million, 13 confirmed cancellations across areas including clean energy, education, food assistance, and public health, and additional threatened or litigated cuts not included in those totals. Mingi identified two canceled violence-prevention-related grants, including a FEMA public safety grant and a justice reinvestment grant, and noted that CDC had recently moved to cancel or seek cancellation of several Minnesota public health grants, including a $65 million public health infrastructure award.

Transcript Highlights:

• I use this to calculate the average wholesale price, which gives us the tax rate.
• the average wholesale price to calculate the average wholesale price which<02:18:13.040> gives
• It's not exactly the same in terms of what the calculation is, but it rounds to the same tax rate.
• /c><02:19:58.640> of<02:19:58.880> what<02:19:59.120> the<02:19:59.359> calculation
• same in terms of what the calculation same in terms of what the calculation is,<02:20:00.080>

Keywords: 958, all

Summary: The meeting focused on reaching consensus on official Kentucky revenue estimates for fiscal years 2026 through 2028, using updated S&P Global economic forecasts compared with the September presentation. Staff explained that the updated forecast relied partly on alternative data because of the federal government shutdown, and they walked through changes in national and Kentucky economic assumptions across control, optimistic, and pessimistic scenarios. The control forecast was described as slightly more optimistic in the near term but more cautious in fiscal 2027 and 2028, with GDP growth revised up for the current year and down somewhat in the outer years. The pessimistic scenario now assumed a two-quarter recession beginning in the current quarter, while the optimistic scenario was given a higher probability weight than before. The presenters highlighted several Kentucky-relevant variables that changed since September, including weaker manufacturing employment, weaker housing starts, weaker consumer sentiment, and lower expected non-farm employment in fiscal 2026. At the same time, wage and salary disbursements were revised upward in fiscal 2027, reflecting higher disposable income from tax changes, and real consumer spending was expected to be stronger in the near term. They also discussed assumptions about tariffs, business profits, the Federal Reserve, unemployment, oil prices, retail sales, vehicle sales, exports, and consumer sentiment, noting that some indicators were little changed while others shifted materially. Consumer sentiment was attributed to affordability concerns, tariff impacts, and a general sense of malaise, but was expected to improve in later years from a low base. Members asked follow-up questions about why the forecast worsened in later years and about the consumer sentiment assumptions. Staff responded that the forecast assumed larger take-home pay and refunds from tax withholding changes, along with some easing of tariff effects, which they believed would help offset a negative wealth effect from stock market declines. They also noted that S&P Global’s December forecast, which had already been published, was essentially consistent with the presentation and that the firm believed its earlier assumptions had tracked recent data well. No vote or final action was recorded in the portion provided, but the discussion was aimed at settling the revenue estimates that will underpin the upcoming branch budget bills.

Transcript Highlights:

• In the last five years, as the median wages of occupations that are used to calculate the wages have
• Our proposal would modify the wage by calculating a new supervisory wage made up of 40% of that community
• a new supervisory wage made calculating a new supervisory wage made up<00:50:26.280> of<00:50
• would<00:54:32.480> uh<00:54:32.680> properly would uh properly would uh properly calculate
• the piece of legislation which calculate the piece of legislation which the<00:54:36.960> the

Keywords: 1187, senate, all

Transcript Highlights:

• We can try to probably calculate something like that.
• There are public, uh, you know, probably calculations, but there would be really, really rough estimates
• We can try to probably calculate something like that.
• We can try to probably calculate something like that.
• We can try to probably calculate something like that.

Keywords: 1187, senate, all

Transcript Highlights:

• It has a CPI calculator to find out what that $5,000 would be in today's dollars, and it comes out, when
• I ran the calculation in November, to $1,796.
• Department of Labor Statistics has a CPI Department of Labor Statistics has a CPI calcul calcul calcul
• when<03:04:25.520> I<03:04:25.680> ran<03:04:25.960> the<03:04:26.160> calculation
• in November when I ran the calculation in November when I ran the calculation it<03:04:26.960>

Keywords: 928, house, all

Summary: The committee heard testimony on HB 332, a bill to add protection and remediation of surface waters as a new authorized purpose for New Hampshire village districts. Prime sponsor Rep. Rosemary Rung said the bill is intended to give local voters in lake communities a voluntary tool to address cyanobacteria blooms and other water-quality problems through village districts, including the ability to raise revenue, adopt ordinances, and pursue treatments or watershed management measures. She emphasized that the proposal is meant to complement, not replace, state law and that any district action would still need to comply with existing permitting and environmental requirements. Supporters, including Andrea Laro of New Hampshire Lakes and Elizabeth Harper of the Lake Sunapee Protective Association, said the bill would help municipalities collaborate on lake protection when state resources are limited. They argued that local districts could bring subject-matter expertise, access grants and technical assistance, and respond more quickly to problems such as septic impacts, runoff, culvert repairs, and in-lake treatments. They also suggested clarifying the bill’s wording around “protection and remediation” to better define the scope of authorized activities. Opponents, including Steve Wolf and Chris Norwood of the New Hampshire Association of Realtors, argued that village districts can already be overly broad and sometimes expand beyond their original purposes. Wolf said existing town and state agencies already handle shoreline protection and warned that village districts can impose ongoing taxes and create governance problems. Norwood urged a study bill instead, citing concerns about the scope of village districts and examples where some districts have taken on planning and zoning powers beyond their original mission. No vote or final action on HB 332 was taken in the excerpt.

Transcript Highlights:

• I understand how that's going to get calculated.

Bills: SJR81

Keywords: tax exemption, ad valorem, tangible personal property, income production, constitutional amendment, 1185, senate, all

Transcript Highlights:

• /c><02:17:35.359> an For fiscal year 2024-2025, the Taxpayer's Bill of Rights refund was calculated
• The surplus and refund were calculated under tax laws and federal treatment that were in effect during
• governments as prescribed by the rules under the GASB, it cannot simply decide a year later that a duly calculated
• /c><02:22:32.399> that<02:22:32.640> a<02:22:32.880> duly<02:22:33.439> calculated
• <02:22:34.319> tab a year later that a duly calculated tab a year later that a duly calculated

Keywords: 981, all

Summary: The House convened, established a quorum, approved the journal, and heard several committee and floor announcements about upcoming hearings. The chamber then took up House Resolution 1006, a resolution honoring Colorado law enforcement officers. The resolution was read at length and supported by Representatives Woo and Clifford, who emphasized officers’ service, public safety role, and the need for community trust. Several members spoke in favor, including Representative Bacon, who tied the resolution to broader discussions of policing, transparency, body cameras, and community relationships. The resolution passed unanimously, 60-0, with five excused. After the resolution, the House received committee reports and then considered Senate Bill 143, which renames the Colorado Youth Advisory Council Review Committee to honor Senator Faith Winter. Supporters, including Representatives Wilford and Garcia, said the change recognizes Winter’s commitment to youth leadership and civic engagement and does not alter the committee’s function or create new costs. The bill passed on a voice vote. The chamber also passed Senate Bill 124, which updates the automated protection order notification system by requiring the Colorado Integrated Criminal Justice Information System, in addition to CBI, to provide information needed for notifications. The House then considered House Bill 1421, concerning prohibiting certain compensation arrangements in the legal profession and creating the Colorado Legal Practice Integrity and Fee Sharing Prohibition Act. Sponsors said the bill is aimed at preventing non-lawyer ownership and fee-sharing arrangements that could let outside investors influence legal strategy, while clarifying that it does not interfere with court regulation of the profession. Supporters from the business community argued it addresses profit-driven incentives in litigation, while one member objected to the late-night committee process and the number of amendments. The Judiciary Committee report was adopted, and the bill was then debated further as the transcript ended.

Transcript Highlights:

• This bill changes the method for calculating post-retirement adjustments, COLA.
• If done today, our calculations at the same study would conservatively show a 40% reduction after 20
• <00:54:27.640> at<00:54:27.760> the If done today, our calculations at the If done
• today, our calculations at the same<00:54:28.120> study<00:54:28.560> would<00:54:28.760
• And since there is no recalibration or calculation of that pension, we also do not collect anything from

Keywords: 918, senate, all

Summary: The committee first approved the April 14, 2026 meeting minutes without objection. It then took up Senate File 4860 / House File 4812, the St. Paul Teachers Retirement Fund Association bill, which would reduce the employee contribution rate for coordinated members from 9% to 8% starting after June 30, 2026, raise the retiree COLA from 1% to 1.5% beginning January 1, 2027, and increase the state-funded employer contribution by 2.7%. Staff said the bill’s cost is just over $12 million per year over 15 years. Representative Lilly said the bill was intended to bring parity to St. Paul teachers after prior work in this area left some behind. Several St. Paul teachers testified in support, describing financial strain, burnout, and the difficulty of balancing teaching with family responsibilities. Hannah Geimer said the 1% contribution change would make a meaningful difference in her budget as a single parent. Eric Erickson said he and his wife have spent decades working extra hours and coaching, and argued that St. Paul educators pay more and receive less in retirement than other teachers. Arzoo Faroozan Yazdani, a Central High teacher, said the higher contribution rate and lower COLA make it hard to stay in the district and raise a family. Lisa Hodek said teachers are undercompensated for the demands of the job and that the pension disparity has created frustration and a sense of betrayal. Phil Tensic, the SPTRFA director, summarized the request as seeking an 8% contribution and 1.5% COLA to match TRA, and noted that the plan’s members are spread across legislative districts, not just in St. Paul. Members discussed the history behind the pension disparity. Senator Nelson questioned whether “parity” was the right term given the plan’s funding problems and the legacy of the “big red box,” referring to past underfunding. Tensic and Senator Pappas explained that the state had previously allowed St. Paul schools not to contribute for a period of years, that supplemental district and state aid began in 2018, and that the plan is projected to be amortized by 2039 and must be paid off by 2048. Members also noted that the bill and related pension proposals depend on available funding; Representative O’Driscoll and others said no final financing agreement had been reached, though leadership was continuing discussions. The committee received letters of support from Education Minnesota, the St. Paul Federation of Educators, and 40 individual supporters. No final vote on the bill was taken in the portion of the meeting provided.

Transcript Highlights:

• But in 2022, the legislature repealed the formula by which this calculation would be made, leaving the
• formula<00:27:52.960> by<00:27:53.160> which<00:27:53.760> this<00:27:54.200> calculation
• <00:27:54.880> would formula by which this calculation would formula by which this calculation
• This calculation was specific to the November 2019 forecast.
• This calculation was specific to the November 2019 forecast.

Keywords: 1187, senate, all

Transcript Highlights:

• room and board billings, accounts payable transactions, bookstore transactions, and amortization calculations
• updated their loan tracking software during the year, and there was an issue in how that date was calculating
• , because of, you know, when you're looking at PERS and some of the investments, the actuarial calculations
• are not allowed to levy additional taxes if they have the sufficient reserve according to the calculations
• about how they levied over $5 million over and above what they were authorized, according to the calculations

Summary: The committee met to receive a series of audit presentations, beginning with the statewide Annual Comprehensive Financial Report (ACFR) for fiscal year 2025. The State Auditor’s Office and OMB reported a clean, unmodified opinion for the state, with strong financial results including a $40.6 billion net position, $30.99 billion in assets, $1.81 billion in liabilities, and continued Legacy Fund growth. OMB also explained the new GASB 101 compensated-absences reporting change and discussed pension-liability fluctuations tied to discount-rate assumptions and investment performance. Members asked about how the state compares to others and about the effect of short-term commodity price swings, and OMB said the report reflects actual fiscal-year results rather than forecasts. The committee then heard the University System audit, which also received a clean opinion but included four findings: misreporting of Strategic Investment and Improvements Fund revenue, insufficient monitoring of service organizations at CTS, NDSU, and UND, improper bank reconciliations at Dakota College of Bottineau, Dickinson State, and Williston State, and investment/cash reconciliation problems at Bismarck State College related to bond proceeds. University officials agreed with the findings and said corrective actions were underway, including internal review of bank reconciliations. Members raised questions about NDSU’s use of certificates of deposit, and university staff explained that CDs are used to earn interest on funds being accumulated for future projects. Several other audits were presented, most with clean opinions and no findings, including the State Auditor’s Office, Workforce Safety and Insurance, Housing Finance Agency, Housing Incentive Fund, Job Service North Dakota, the Retirement and Investment Office, PERS, the Center for Distance Education, the Commission on Legal Counsel for Indigents, the Ethics Commission, and the Office of Administrative Hearings. Notable exceptions included a State Fair Association audit with an adverse opinion on the foundation component unit because its financial statements were not available for audit, and a Securities Department performance audit finding that performance-based pay increases and bonuses were issued without required evaluations. The committee also discussed the State Auditor’s future needs, including more staff capacity, data analytics, cybersecurity reviews, possible subpoena authority, independent legal counsel, and whether some audits—such as the Ethics Commission and State Fair—should be handled by independent third parties or under different statutory arrangements.

Transcript Highlights:

• So the way I calculated it felt to me like, for the most part, it was a higher percentage for most people
• So the way I calculated it felt to me like, for the most part, it was a higher percentage for most people
• So we did calculate it as if we removed the 25% and then replace the 50 with the people's initiative.
• So we did calculate it as if we removed the 25% and then replace the 50 with the people's initiative.
• So we did calculate it as if we removed the 25% and then replace the 50 with the people's initiative.

Bills: HB0147, HB0127

Keywords: property tax, homeowner exemption, Wyoming, voter initiative, tax legislation, HB0127, recreation mill levy, recreational facilities, public recreation, mill levy, local tax, county commissioners, school district levy, voter approval, ballot measure, general election, tax referendum, special purpose tax, Wyoming taxation, W.S. 18-9-201

Transcript Highlights:

• SB1023 by Betancourt, relating to the calculation of certain ad valorem tax rates.
• House Bill 3221 ensures the minimum salary schedule is used to calculate the contribution for All public
• Correct, which is calculated every year. Wouldn't you agree that's manifestly unjust? I agree.
• Because the calculations could long-term be wrong.
• I understand, but calculations for pension outcomes are made on a regular basis. Thank you so much.

Bills: HJR144, HJR218, HB40, HB 101, HB 112, HB146, HB168, HB214, HB413, HB1523, HB493, HB521, HB594, HB557, HB305, HB549, HB854, HB 1057, HB 1052, HB842, HB3174, HB3311, HB2486, HB3196, HB824, HB 1039, HB2529, HB2713, HB4936, HB4995, HB4830, HB4864, HB5219, HB5263, HB5154, HB2674, HB5525, HB5623, HB2545, HB2587, HB2625, HB5520, HB5436, HB4926, HB1573, HB5165, HB4811, HB5081, HB4755, HB3179, HB4310, HB4611, HB2159, HB4626, HB3637, HB3153, HB3066, HB2786, HB2966, HB638, HB640, HB876, HB497, HB5539, HB4809, HB5308, HB4687, HB4070, HB4421, HB4412, HB3284, HB3369, HB3420, HB3449, HB4098, HB4281, HB4120, HB4504, HB4370, HB 1106, HB2370, HB2404, HB3863, HB2407, HB2253, HB2273, HB2040, HB1586, HB3788, HB3993, HB4690, HB4309, HB4696, HB2308, HB 1142, HB1533, HB1621, HB2242, HB2012, HB2193, HB2442, HB2464, HB2348, HB2313, HB2289, HB1942, HB2011, HB1629, HB2993, HB3592, HB3824, HB4076, HB4535, HB4623, HB4773, HB 1091, HB5115, HB5515, HB3372, HB5659, HCR118, HB 1233, HB2239, HB2379, HB2863, HB3368, HB3787, HB3815, HB3898, HB4023, HB4285, HB4329, HB4331, HB4429, HB4646, HB4904, HB5200, HB5320, HB5651, HB5662, HB5668, HB5670, HB5672, HB5674, HB5676, HB5679, HB5688, HCR108

Keywords: regional mobility, transportation authority, local law, constitutional amendment, public projects, Texas energy fund, energy efficiency, retail electric customers, electric generating facilities, business court, civil procedure, litigation, jurisdiction, arbitration, Texas State Guard, task force, professionalization, state missions, critical infrastructure, science park district

Transcript Highlights:

• Commissioner Gandhi, Chair Robbins, I would need to get a calculator and do the math, but the program
• clarifying what's required on attendance records and creating a methodology and tool for overpayment calculations
• methodology and tool for creating a methodology and tool for overpayment overpayment overpayment calculations
• <00:59:23.760> added<00:59:24.079> more<00:59:24.440> prevention calculations added
• more prevention calculations added more prevention measures<00:59:25.400> for<00:59:25.640>

Keywords: 1183, house

Transcript Highlights:

• <00:53:10.000> cost 110% for the purpose of calculating cost 110% for the purpose of calculating
• On R52, there's a Senate-only change to another part of the state grant parameter calculation, and it
• The Senate includes language clarifying that the supplemental assistance will be calculated separately
• separately in the fall, calculated separately in the fall, spring,<01:18:03.199> and<01:18:03.520
• Pell award parameters are also proposed to change around the cost of attendance calculation by program

Keywords: 919, house, all

Summary: The Higher Education Finance and Policy Conference Committee met publicly to compare House and Senate positions on the higher education budget, with the chairs emphasizing transparency and alternating gavel control. Nonpartisan fiscal staff walked through a spreadsheet of differences across the Office of Higher Education and Minnesota State, including major items such as state grants, childcare grants, work study, tribal college grants, emergency assistance grants, hunger-free campus grants, student parent support, direct admissions, paramedic scholarships, and several medical residency and fellowship programs. The House and Senate also differed on administrative funding, campus sexual assault reporting, and a House FY25 cancellation that would be carried forward. Members discussed several of the larger policy and funding choices. The Senate explained its increase for Minitex as support for operating costs and statewide access to information. The House explained its cuts to student parent support and other items as necessary to work within a zero target and to prioritize direct aid to students, while the Senate said it focused on direct appropriations and access-related programs. On hunger-free campus grants and emergency assistance grants, the Senate said it was changing the distribution method and direct appropriations rather than reducing the overall money, while the House noted differences in whether nonprofit institutions remained included. The committee also reviewed Senate-only additions and reductions in Minnesota State, including free course materials, Lake Superior College remediation, and changes to the Kids on Campus appropriation. A representative from Lake Superior College testified that the PAS remediation funding would help address contamination issues at an emergency training site near Lake Superior and that the money was shifted from the Kids on Campus initiative. No final conference agreement or vote was taken in the portion of the meeting provided; the committee continued discussing differences and testimony.