Transcript Highlights:

• The one-time funds are an asset for addressing long-term stability, investing in long-term standing and
• ongoing. an asset for addressing long-term stability, investing in long-term standing and ongoing priorities
• this: every Sub 3 hearing will focus on this issue, how and when to spend our one-time resources and assets
• main factors that drive reserve deposits are whether your growth in the Proposition 98 guarantee and capital
• main factors that drive reserve deposits are whether your growth in the Proposition 98 guarantee and capital

Summary: The Assembly Budget Subcommittee on Education Finance held its first hearing of the year on Proposition 98, focusing on the Governor’s budget estimates for the three-year budget window, the Public School System Stabilization Account (PSSA), and repayment of education deferrals. The Department of Finance said the minimum guarantee would rise by about $21.7 billion over the 2025 Budget Act, with increases in each year, full repayment of the existing settle-up obligation in 2024-25, a new $5.6 billion settle-up obligation proposed for 2025-26, and a higher guarantee in 2026-27. Finance also noted revised downward estimates for transitional kindergarten attendance and Los Angeles County property tax reimbursements, and said community colleges would be funded above the split because of enrollment growth. The Legislative Analyst’s Office emphasized fiscal risk and volatility, warning that recent revenue gains are tied heavily to the stock market and tech sector and could reverse quickly. The LAO argued the Governor’s proposed $5.6 billion delay shifts risk into future years and recommended instead fully funding the current estimate, making a larger reserve deposit, considering advance payments or pension-related uses, and finding additional non-Prop 98 solutions to reduce the state’s structural deficit. On the reserve and deferral items, Finance described revised PSSA deposits and withdrawals that would leave about $4.1 billion in the reserve by 2026-27, and both Finance and the LAO supported paying off the remaining LCFF and SCFF deferrals as good fiscal practice. Committee members questioned the size of the settle-up amount, the degree of revenue volatility, the use of the reserve, and the ongoing K-12/community college split. Finance said the proposal is meant to avoid overappropriation if revenues fall, while the LAO said a buffer of roughly $3.5 billion would address typical forecasting risk. Public commenters, including school boards, county offices of education, teachers, and advocacy groups, largely opposed the $5.6 billion withholding or settle-up delay, calling it a manipulation of Prop. 98 and urging full funding and more stable revenue solutions. Several speakers also urged dedicated funding for students experiencing homelessness. The hearing ended with no vote, and the chair announced that broader program discussions would occur in later hearings.

Transcript Highlights:

• TODAY WE ARE DESIGNATING USF DAY AT THE CAPITAL ON TUESDAY, APRIL 15, IN RECOGNITION OF THE UNIVERSITY
• AREA OF USF, AND I AM JOINED BY SENATOR COLLINS, SENATOR GRUTERS, AND OTHERS IN WELCOMING USF TO THE CAPITAL
• THESE VICTIMS HAVE SPENT 15 YEARS TRYING TO ENFORCE THEIR DONOR JUDGMENT AGAINST FROZEN ASSETS.
• THE LAWS ON INTANGIBLE ASSETS PROTECT AGAINST TERRORISTS HIDING ASSETS.

Bills: SJR39 , SB22 , SB30 , SB33 , SB34 , SB37 , SB75 , SB209 , SB310 , SB505 , SB552 , SB618 , SB626 , SB636 , SB732 , SB747 , SB762 , SB769 , SB819 , SB825 , SB870 , SB926 , SB964 , SB1030 , SB1080 , SB1099 , SB1124 , SB1177 , SB1208 , SB1233 , SB1314 , SB1325 , SB1333 , SB1405 , SB1455 , SB1506 , SB1524 , SB1541 , SB1577 , SB1579 , SB1596 , SB1646 , SB1667 , SB1727 , SB1750 , SB1758 , SB1760 , SB1791 , SB1804 , SB1806 , SB1869 , SB1923 , SB1927 , SB1951 , SB1960 , SB1962 , SB2023 , SB2024 , SB2056 , SB2078 , SB2122 , SB2129 , SB2180 , SB2183 , SB2185 , SB2207 , SB2252 , SB2361 , SB2365 , SB2368 , SB2405 , SB2411 , SB2420 , SB2425 , SB2569 , SB2717 , SJR36 , SJR50 , SJR39 , SJR63 , SJR68 , SCR12 , SCR39 , SCR38 , SCR37 , SCR42 , SCR29 , SB762 , SB1596 , SB62 , SB666 , SB847 , SB284 , SB854 , SB1073 , SB810 , SB1539 , SB1505 , SB583 , SB957 , SB1502 , SB507 , SB1026 , SB1349 , SB1433 , SB1434 , SB310 , SB505 , SB264 , SB1364 , SB1376 , SB1585 , SB1772 , SB2016 , SB1163 , SB619 , SB1122 , SB1877 , SB732 , SB731 , SB397 , SB508 , SB1333 , SB1436 , SB964 , SB287 , SB2143 , SB261 , SB1247 , SB1882 , SB618 , SB393 , SB2243 , SB2226 , SB1919 , SB1791 , SB22 , SB651 , SB1080 , SB826 , SB1079 , SB1243 , SB1504 , SB1851 , SB1879 , SB2237 , SB1257 , SB2034 , SB1522 , SB1151 , SB596 , SB1191 , SB226 , SB570 , SB870 , SB991 , SB60 , SB1401 , SB1728 , SB586 , SB529 , SB217 , SB209 , SB1923 , SB1839 , SB387 , SB1874 , SB1872 , SB1873 , SB1921 , SB1883 , SB1620 , SB1838 , SB2024 , SB2429 , SB1999 , SB511 , SB2309 , SB2166 , SB510 , SB33 , SB2420 , SB1860 , SB1541 , SB1314 , SB1398 , SB1869 , SB1750 , SB855 , SB1233 , SB2425 , SB2037 , SB1758 , SB1759 , SB2365 , SB1924 , SB1818 , SB1405 , SB1762 , SB1968 , SB1977 , SB2077 , SB2321 , SB1662 , SB1663 , SB2124 , SB2204 , SB1855 , SB863 , SB37 , SB819 , SB2078 , SB2252 , SB1962 , SB2253 , SB825 , SB1577 , SB1184 , SB2018 , SB2206 , SB1901 , SB1030 , SB2368 , SB1963 , SB1960 , SB1643 , SB1625 , SB1299 , SB841 , SB668 , SB584 , SB231 , SB2411 , SB1085 , SB2431 , SB2231 , SB1490 , SB530 , SB34 , SB1261 , SB552 , SB1099 , SB1646 , SB2180 , SB1804 , SB1937 , SB1936 , SB2569 , SB1372 , SB1208 , SB1124 , SB1506 , SB1806 , SB1868 , SB2361 , SB2314 , SB769 , SB1409 , SB2122 , SB434 , SB1214 , SB1951 , SB2183 , SB2046 , SB1667 , SB1870 , SB1727 , SB2405 , SB2127 , SB1975 , SB1760 , SB1734 , SB1335 , SB2066 , SB2129 , SB2246 , SB2439 , SB1624 , SB1244 , SB1468 , SB2717 , SB1612 , SB1262 , SB604 , SB2395 , SB2185 , SB1832 , SB1745 , SB1746 , SB2207 , SB2023 , SB1784 , SB1524 , SB626 , SB528 , SB437 , SB269 , SB1137 , SB968 , SB636 , SB747 , SB1325 , SB1789 , SB1455 , SB2056 , SB75 , SB1940 , SB2052 , SB1927 , SB2010 , SB1579 , SB2068 , SB3034 , SB844 , SB1920 , SB1177 , SB1558 , SB1236 , SB1044 , SB926 , SB884 , SB463 , SB331 , SB227 , SB240 , SB517 , SB1200 , SB1410 , SB1626 , SB1845 , SB1863 , SB2216 , SB2681 , SB1717 , SB2053 , SB546 , SB2141 , SB2949 , SB2323 , SB2200 , SB2332 , SB2199 , SB1642 , SB1150 , SB1757 , SB2050 , SB1138 , SB2051 , SB2626 , SB2458 , SB1864 , SB30 , SB2201 , SB1862 , SB1583 , SB1583 , SB1055 , SB2660 , SB1898 , SB2662 , SB2662 , SB2161 , SB2161 , SB2964 , SB2881 , SB1065 , SB1065 , SB801 , SB2743 , SB2533 , SB2533 , SB1413 , SB1413 , SB1 , SB34 , SB310 , SB819 , SB1030 , SB1124 , SB1208 , SB1233 , SB1333 , SB1405 , SB1541 , SB1750 , SB1758 , SB1869 , SB2078 , SB2365 , SB2411 , SB762 , SB33 , SB37 , SB505 , SR402 , SR409 , SB2695 , SB2695

Transcript Highlights:

• TODAY WE ARE DESIGNATING USF DAY AT THE CAPITAL ON TUESDAY, APRIL 15 AND RECOGNITION OF THE UNIVERSITY
• AREA OF USF AND I AM JOINED BY SENATOR COLLINS, SENATOR GRUTERS AND OTHER AND WELCOMING USF TO THE CAPITAL
• THESE VICTIMS HAVE SPENT 15 YEARS TRYING TO ENFORCE THEIR DONOR JUDGMENT AGAINST FROZEN ASSETS.
• THE LAWS ON INTANGIBLE ASSETS PROTECTS AGAINST TERRORISTS HIDING ASSETS AND HELPS WITH WIRE TRANSFERS

Transcript Highlights:

• Defense to highlight areas where Congress can support and strengthen our military's most valuable assets
• People are our most valuable asset. I think we should all know that.
• Catherine Kelly, Deputy Chief of Space Operations for Human Capital for the United States Space Force
• of professionals will execute all human resource actions that directly support our most important asset
• It is our increased contracting goal by implementing real time processes and capitalizing on future Sailor

Committees: Senate Subcommittee on Cybersecurity , Senate Subcommittee on Personnel

Keywords: NDAA, military recruitment, personnel readiness, testimony, military leaders

Summary: The committee meeting focused on pressing issues related to the U.S. military's recruitment and personnel strategies, especially in light of the upcoming NDAA for fiscal year 2026. Chairperson expressed appreciation for the service of witnesses including senior military leaders from different branches, emphasizing the importance of personnel as the backbone of national defense. Discussions revealed concerns regarding the recent lowering of recruitment standards across military branches, which could potentially affect the quality of service members and long-term military readiness. Witnesses were asked to address the implications of these changes on military health and efficiency.

Transcript Highlights:

• We are historically and traditionally a capital partner in passenger rail service.
• And then we step back to our traditional role and become a capital partner in new expansion.
• And there's actually a lot of planned capital expansion projects for commuter rail service.
• Many of them are needed, and we're ready as a capital partner to step back into our traditional role
• and really help fund and get those new capital expansions underway.

Committee: Senate Transportation

Summary: The Senate Transportation Committee met, took roll, and heard introductory remarks from members about their districts and transportation priorities, with several senators noting congestion and mobility challenges in their regions. The committee then received a presentation from the Florida Transportation Commission on its oversight role for FDOT, including annual and quarterly performance reviews, review of the five-year work program, and monitoring of tolling and transit authorities. Members asked whether the commission gets involved in project prioritization; the answer was no, because it is statutorily limited to high-level oversight rather than day-to-day project decisions. The committee next heard two reports related to transportation disadvantaged and paratransit services. FDOT’s Melissa Smith described the statewide Transportation Disadvantaged program, its governance structure, service models, and challenges such as fragmented administration, cost, inconsistent reporting, and rural service limitations. She outlined recommendations including better use of technology, regional partnerships, improved training, and alternative delivery models like microtransit and TNC partnerships. A University of South Florida researcher, Martin Katala, discussed best practices for paratransit and demand-response service, emphasizing route optimization software, dynamic dispatching, service standards, vendor accountability, and the use of TNCs and mobility management to improve efficiency and reduce travel times. A later presentation from UF’s I-Street program focused on emerging technologies for transit, including in-cabin monitoring, automatic restraints, accessible booking and tracking tools, and the need for statewide safety standards and better driver interfaces. Finally, FDOT Secretary Jared Perdue and District 5 Secretary John Tyler provided an update on the transition of SunRail local entities. They explained the differences among commuter rail, intercity rail, and light rail, and said SunRail’s financial transition to local partners was completed on January 1, with operational transition to follow over up to three years. They contrasted that with Tri-Rail, where FDOT still funds operations and discussions about a future transition are ongoing. Members asked about the differences between SunRail, Tri-Rail, Amtrak, and Brightline, and the presenters explained that commuter rail serves regional daily commuters while intercity rail connects regions. The committee concluded without taking any formal votes or other legislative action.

Transcript Highlights:

• Both have been a great asset and supporter of Oliver County and Center.
• So we have very different requirements for those different kinds of assets.
• To date, $10 billion of capital has been invested in North Dakota.
• It was capital that followed.
• I spent a lot of last year working with people in our nation's capital.

Summary: The Energy Development and Transmission Committee met in interim session and approved the November 6 minutes. Chair Novak outlined the committee’s study agenda, including large energy users such as data centers, geothermal, landowner relations, wind and solar, and other energy topics across the state. The meeting was framed as informational only, with no bills or formal legislative action taken beyond the minutes approval. Testimony focused first on landowner relations. Oliver County Commissioner Dave Berger described the county’s energy history and local support for coal and related development. North Dakota Farmers Union President Matt Perdue emphasized proactive, face-to-face communication with landowners, respect for property rights, and the need for developers to be transparent about tradeoffs; he also discussed insurance and liability concerns tied to easements. Committee members asked about eminent domain, local versus state authority, and how communities can better understand the revenue and infrastructure implications of energy development. Department of Agriculture Deputy Commissioner Tom Bodine then described the department’s ombudsman programs for pipeline restoration and reclamation, wind restoration, and royalty oversight. He said the programs provide confidential, third-party assistance on reclamation and royalty disputes, but do not provide legal advice. Senators raised concerns about post-production deductions in royalty leases and whether the ombudsman can explain them; Bodine said the program can clarify statements and deductions but cannot resolve legal disputes. He also said the department has not received requests related to fiber lines. Representatives from Grid United and One Oak described their project development and landowner engagement practices. Grid United’s Brent Johnson discussed the North Plains Connector transmission project, its route selection process, voluntary acquisition approach, and efforts to avoid eminent domain by working closely with regulators, counties, townships, and landowners. One Oak’s Danette Welsh and Tom Giltner described the company’s midstream operations, extensive North Dakota footprint, and emphasis on direct landowner communication, consistent local regulation, careful construction practices, and post-construction reclamation. Members asked about setbacks, zoning consistency, invasive species prevention, outside advocacy groups, and eminent domain use; One Oak said it has not used eminent domain on its North Dakota projects, largely because most gathering lines are negotiated easements.

Transcript Highlights:

• We are launching our courtrooms-to-classrooms capital campaign.
• We know full well that young people can be assets and are assets to our economy.
• : human capital.
• We live in the creative capital of the world.
• We live in the creative capital of the world.

Transcript Highlights:

• So one interesting finding regards growth in capital goods trade with Mexico.
• Import source of capital goods. As of '22, its share has stagnated. It's only grown 3%.
• Surpass China as the top destination for U.S. capital goods.
• I just want to highlight one of California's most important economic assets, the border itself.
• It's an economic necessity for California and a strategic asset for the United States. Thank you.

Summary: The joint hearing of the Assembly Select Committee on California-Mexico Bi-National Affairs and the Assembly Economic Development, Growth, and Household Impact Committee focused on the USMCA and California’s economic dependence on trade with Mexico and Canada. Members emphasized that California exports more than $183 billion globally, with roughly a third going to Mexico and Canada, and argued that the agreement supports jobs in manufacturing, logistics, agriculture, technology, and ports. The hearing was framed as preparation for a legislative report and possible resolution on California’s priorities for the upcoming USMCA review. Academic and policy witnesses described the USMCA as essential to North American competitiveness, affordability, and regional security. Dr. Rafael Fernández de Castro said the agreement is central to a stronger North American alliance, helps keep food and other goods affordable, and supports the Cali-Baja region’s integrated economy. Dr. Ismael Placencia argued that California and Mexico co-produce value through integrated supply chains and nearshoring, and proposed ideas such as specialized technician visas, cross-border innovation zones, binational certification standards, and a technology fund. Members asked about the uncertainty around the agreement’s sunset/review clause and the possibility that investment is being delayed while businesses wait for clarity. Go-Biz representative Diana Dominguez said USMCA gives businesses, especially small and medium-sized firms, predictability, market access, and stronger digital trade and supply-chain integration, while also noting challenges such as regulatory barriers and financing. California Hispanic Chamber of Commerce president Julian Canante said the agreement benefits small businesses but also creates complexity through stricter rules of origin, compliance burdens, and tariff uncertainty, and he urged more trade assistance and education. Mexican officials Miroslava Pérez-López and Pedro Casas Alatriste said the treaty remains the cornerstone of North American trade, that Mexico’s public consultation process generated nearly 800 submissions, and that the region should deepen integration rather than weaken the agreement. A later panel from San Diego regional organizations reinforced the same themes, citing the border region’s co-production economy, the importance of border infrastructure, and the need to protect integrated supply chains from tariff shocks. Witnesses urged investment in ports of entry, energy reliability, talent development, and smoother review processes, while members repeatedly stressed that any renegotiation should preserve labor and environmental standards without harming small businesses.

Transcript Highlights:

• Community schools engage key stakeholders in asset mapping and needs assessment, matching barriers to
• Education, and I provide technical assistance to 53 districts and charter schools in our state's capital
• and contributes to continuous improvement at every level of the system from the classroom to the capital
• and contributes to continuous improvement at every level of the system, from the classroom to the capital
• This equity-focused investment and strategy, rooted in deep relational trust and leveraging the assets

Summary: The Senate Budget Subcommittee on Education heard the Governor’s proposals for universal school meals, the Expanded Learning Opportunities Program (ELOP), and community schools. On universal meals, the Department of Education supported continued funding for the Universal School Meals Program and a fourth round of Kitchen Infrastructure and Training Grants, citing meal-count growth, improved meal service, and the need to offset federal uncertainty, inflation, and reduced direct certification tied to immigration-related policy changes. The LAO recommended rejecting another kitchen grant round, arguing prior rounds are still being spent and the state has not clearly defined unmet need. Members also raised concerns about the state’s ability to backfill federal meal funding and about how federal requirements affect programs like Summer EBT/SUN Bucks. Public commenters largely supported school meals and kitchen investments, with some urging support for plant-based milk options and continued infrastructure funding. For ELOP, the Department of Finance proposed $4.7 billion ongoing Proposition 98 funding, including $62.4 million to set a minimum Tier 2 rate of $1,800 per pupil. The LAO recommended going further and fully fixing the Tier 2 rate, saying rate uncertainty complicates district planning. CDE supported the proposal and said the program has improved attendance and academic outcomes, while noting new CalPADS reporting will provide more data soon. Senators discussed whether ELOP should remain a standalone program or be folded into LCFF, and whether the state should require stronger outcome reporting. Public testimony generally backed stabilizing Tier 2 funding, but some speakers urged more support for older youth and more timely, user-friendly reporting. On community schools, the administration proposed $1 billion ongoing Proposition 98 funding to expand the model to thousands more schools and to support existing grantees, along with stronger technical assistance, statewide alignment, and an accreditation/self-certification framework. The LAO recommended continuing the current one-time grant approach instead of creating a new ongoing categorical program, warning about reduced flexibility, administrative burden, and the state’s capacity to support a much larger cohort. CDE supported the ongoing investment but asked for additional county office and technical assistance funding. Senators and public commenters were broadly supportive of community schools, emphasizing improved attendance, graduation, and student engagement, while also debating accountability, accreditation, and whether non-classroom-based charter schools should be eligible. Public testimony strongly favored ongoing funding and highlighted community schools’ role in mental health, family engagement, and wraparound supports.

Transcript Highlights:

• you are agnostic to red and blue, left or right, and that, in my opinion, makes you an outstanding asset
• She has reduced Wall Street loss absorbing capital. requirements which help prevent bank failures in
• No, it's about $200 million in assets, and that's a million with an M, not a B.
• funds and other leveraged financial firms are already facing margin calls and may be forced to dump assets
• And we have capital standards, right? We do. What's broken about it?

Committee: Senate Banking, Housing, and Urban Affairs Committee

Keywords: legislation, housing affordability, financial regulation, public testimony, accountability, oversight

Summary: The meeting involved significant discussions around key legislative proposals, primarily focusing on various bills such as HB2 and SB5. The committee examined the implications of these bills on issues like housing affordability and financial regulation. Notable members engaged in debates, providing differing perspectives on the potential economic impacts of the proposed bills. The meeting witnessed public testimony, which included a call for accountability in government actions and oversight of current financial policies. Members echoed concerns about following through on commitments to address critical issues affecting everyday Americans.

Transcript Highlights:

• So LIDA funds for a specific Project and help with capital infrastructure for road improvements.
• And again, part of this is being driven by the conversations from the venture capital funds.
• And the specific recommendation is a 25 million working capital loan fund.
• So we're funding venture capital funds who are then deploying capital that will flow into New Mexico
• through jobs and capital Expenditures.

Committee: House House Appropriations & Finance

Transcript Highlights:

• We've got to put our best elements forward because they'll have assets that are great that I don't have
• , and I'm gonna have assets that they Don't have.
• The other thing we'll do is that most capital murder cases, death penalty cases, pull about $70,000 in
• After a direct appeal is completed and a capital post-conviction is completed by my agency, all capital
• They are funded through their capital habeas program. And they do.

Committee: House A&B Judiciary Subcommittee

Transcript Highlights:

• In addition to the foundational investments, IIJA has supported major capital projects like shown on
• Finally, our employees are our greatest asset and they need support through additional legislation to
• And finally, our employees are our greatest asset and they need support through additional investments
• We oversee the delivery of capital infrastructure projects in coordination with our streets department
• These bridges provide access to the capital of the Navajo Nation.

Committee: Senate Environment and Public Works Committee

Keywords: Surface Transportation Reauthorization Act, IIJA, bipartisan infrastructure, funding flexibility, NEPA, environmental reviews, bureaucratic delays, federal funding, infrastructure investment

Summary: The committee meeting focused on the Surface Transportation Reauthorization Act, discussing the ongoing implementation of the Infrastructure Investment and Jobs Act (IIJA). Chairman Capito highlighted the bipartisan nature of the legislation and the necessity of refining existing provisions to ensure effective delivery of transportation projects. Notable emphasis was placed on the need for flexibility in funding to address inflation impacts and delays caused by bureaucratic hurdles, especially relating to environmental reviews under NEPA. Witnesses from state transportation agencies provided valuable insights into real-world challenges faced in project execution, ultimately underscoring the importance of continuous federal support for infrastructure development. The discussion also touched on the broader implications of federal funding freezes by the previous administration, which have reportedly hindered several ongoing and planned projects. This issue raised significant concern among committee members, who urged the need for reliable funding and the removal of unnecessary bureaucratic obstacles that could cause delays in project implementation. The meeting concluded with a commitment from the members to work collaboratively to overcome these challenges and ensure a smooth path forward for critical infrastructure investments.

Transcript Highlights:

• Um, this idea kind of came to be after talking with the White House about how can we mobilize capital
• quickly uh to get these major capital quickly uh to get these major projects<00:14:06.880><c> done</
• </c><00:16:38.639><c> intensive</c> But those are all capital intensive But those are all capital intensive
• </c> one thing that you just capitalized on. one thing that you just capitalized on.
• </c> which includes monies not digital assets which includes monies not digital assets and<01:21:15.040

Bills: SF0102 , SF0123 , SF0021 , SF0099

Committee: House Minerals, Business & Economic Development

Transcript Highlights:

• property, they must receive full payment or legally enforceable funding assurance for all required capital
• The bill will close a regulatory gap and ensure that investment advisors managing assets less than $100
• allow credit union members to meet electronically and would eliminate the arbitrary limit on fixed asset
• The bill will close a regulatory gap and ensure that investment advisors managing assets less than $100
• allow credit union members to meet electronically and would eliminate the arbitrary limit on fixed asset

Summary: The Senate convened with prayer, the Pledge of Allegiance, and a moment of silence honoring former Senator Charlie Dean. Senators also introduced guests, including family members, church leaders, and visiting students. The chamber then moved to the special order calendar, where several bills were temporarily postponed, including measures on Citizens Property Insurance, artificial intelligence, public records, and data centers. The Senate passed a series of bills focused on consumer protection, transportation safety, health, and financial regulation. CS/HB 505 on virtual currency kiosks passed 37-0 after being substituted for SB 198 and amended to adopt Senate language aimed at limiting fraud and setting transaction controls. SB 382 on electric bicycles passed 37-0 after amendment to broaden the task force to micro-mobility devices. SB 844 on sickle cell disease continuing education passed 37-0, requiring certain health professionals to complete training on care management. SB 1014 on municipal utility service outside city limits passed 37-0, and SB 428 on the swimming lesson voucher program passed 36-0 after amendments expanding the program to ages 1 through 7 and adding drowning-prevention education for new parents. The Senate also passed CS/CS/CS/SB 540 on the Office of Financial Regulation, which creates cybersecurity program requirements for certain licensees, expands oversight of some investment advisers, and updates credit union and anti-money-laundering provisions; it passed 36-0. CS/CS/SB 1440 on public records passed 35-1 after technical amendments tied to related cybersecurity exemptions and reporting requirements. SB 1594 on veteran benefit payments to minor clients passed 36-0, directing certain benefits for foster youth toward post-secondary education or aftercare rather than agency reimbursement. At the end of the session, the Rules Chair moved to certify all passed bills to the House and retain postponed bills on the special order calendar, and the Senate adjourned until the next day.

Transcript Highlights:

• They would have sufficient liquidity and assets to pay their bills and function.
• We did submit it in the capital plan earlier this month or, sorry, at the end of last month.
• So, we submitted in the capital plan this year to enter into that process.
• But um all the information that we have has been submitted in the capital plan for that.
• </c> capital plan for that. capital plan for that.

Summary: The committee heard from the Department of Corrections first about Wellpath’s medical services contract and the contractor’s Chapter 11 bankruptcy. DOC officials said Wellpath’s reorganization plan was confirmed in May 2025, the contract was automatically assumed, and services have continued without lapses. They said DOC has not seen any reduction in care, staffing problems, or known impact on Kentucky operations, and that DOC and health services staff meet with Wellpath almost weekly. Members asked whether “emergence” meant discharge from bankruptcy; staff clarified that Wellpath has not yet been discharged and is still in the process of paying debts. The discussion then shifted to the Department of Juvenile Justice’s proposed high-acuity juvenile mental health treatment facility. DJJ said the facility is still in the conceptual and preliminary programming stage, with no full design funding yet and no entry into the formal A/B process with DECA. The proposed facility would have 24 beds total, split into 16 clinical beds and 8 assessment/stabilization beds, and would need to separate males and females as well as high- and low-risk youth under Senate Bill 162. Officials said the concept was developed with DJJ and CHFS mental health staff and outside design experts, and that the project was submitted in the capital plan for consideration. Members questioned the need for the facility, the estimated construction and staffing costs, and whether the state has enough youth to justify it. DJJ said the number of youth needing this level of care changes frequently, that they currently have one youth in Pennsylvania and typically send one to five youth out of state each year, and that out-of-state placement is increasingly difficult. Officials argued that a dedicated facility would reduce delays, keep youth closer to home, and avoid the need to retrofit multiple detention centers. Some members expressed concern that the projected operating costs seemed high compared with the small number of current out-of-state placements, and asked for more information on annual out-of-state spending and the number of youth who would qualify for the facility.

Transcript Highlights:

• murder with the death penalty capital murder with the death penalty and<00:09:30.080><c> everything<
• We do have a couple of capital projects that are included that are important.
• And then the other capital construction project is the replacement of the HVAC, the Libert units.
• </c><00:26:17.039><c> projects</c> do have a couple of capital projects do have a couple of capital projects
• </c><00:26:55.760><c> construction</c> And then the other capital construction And then the other capital

Summary: The meeting began with testimony from representatives of the Prosecutor’s Advisory Council, including county and commonwealth attorneys, on their proposed budget. They described the scope of their work in district and circuit court, juvenile and dependency cases, specialty courts, guardianship, involuntary hospitalization, and the Rocket Docket program. The witnesses emphasized that their budgets are overwhelmingly personnel costs and warned that proposed cuts could lead to layoffs, reduced retention, and loss of recently added positions. They also said the General Assembly’s recent salary classification plan had improved recruitment and retention, and that underfunding could reverse those gains. A major topic was the Rocket Docket program, which they said speeds lower-level cases through the system, reduces jail costs, and saves money for both counties and the state. They reported that in one circuit, average jail time for certain cases dropped from about 50 days to about 6 days. They also raised concerns that the Rocket Docket line item may not be clearly included in the committee substitute and asked for clarification on how the budget would treat it. In response, the chair said the intent was to move some of those items into the base budget, though the exact structure was still uncertain. The presenters also discussed a 2022 subsidy for county attorney employees tied to retirement contributions, saying it totals about $1.3 million and should not be reduced because the obligation remains. They said the budget would need to support the salary classification plan extensions, House Bill 8 subsidies, and a new case management system that they described as essential to modernizing operations and improving communication with victims and law enforcement. The chair thanked them for the testimony and indicated the committee would continue reviewing the budget. The committee then heard from Deputy State Treasurer Russell Weber, who reported that the treasury has now returned more than $90 million in unclaimed property to Kentuckians. He said the office faces ongoing fraud issues and requested funding for a dedicated legal counsel and a fraud investigator, along with outreach money to educate the public about unclaimed property. He also outlined several capital requests, including the final year of a printer-system lease and replacement of HVAC equipment in the treasury building. Members briefly joked with him about a mineral-rights bill and coal, but no votes or formal actions were taken beyond approving the minutes and adjourning the meeting.

Transcript Highlights:

• About $65 billion in capital investment since 2020. About 25,000 jobs, record tourism numbers.
• You had asset, which had no investment.
• I think we'd all agree that the port, in many ways, is an underperforming asset.
• I think we'd all agree that the port, in many ways, is an underperforming asset.
• And so, no, I don't think it's an underperforming asset.

Committee: Joint Appropriations

Transcript Highlights:

• So capital investments in that building.
• Yeah, up to the $3 million. putting money into this this capital putting money into this this capital
• They're putting it in capital fund.
• </c> million and a half of that capital million and a half of that capital expense.<00:15:48.480><c>
• But of capital fund matching, whatever.

Summary: The committee heard testimony on Senate Bill 118, as amended, which contains several unrelated provisions with a modest fiscal note. Nathan White of the Department of Health and Human Services explained that section 1 would change the personal needs allowance for Medicaid-eligible residents of private and county nursing homes from an adjustment every five years to an annual adjustment, increasing the state cost by about $50,000 per year. He also described section 2, a one-time appropriation of about $160,000 to make certain Hampstead employees whole for missed bonuses and lost leave during the state’s transition of the facility to Dartmouth management. White then outlined sections 3 through 5, which would create a dedicated fund for Hampstead lease revenue to cover the state’s contractual obligation to match Dartmouth capital improvements dollar-for-dollar up to $3 million. He said the state receives about $1.141 million in lease revenue in the first year, with a 3% annual escalator, and that the fund would hold lease revenue until needed for reimbursement. Members questioned how the matching arrangement would work, what happens if Dartmouth spends before the fund has enough money, and whether the state could refuse to match certain improvements. White said Dartmouth has final determination under the agreement if disputes arise, and that if the bill does not pass the state could face difficulty meeting the obligation without cutting services or finding other general funds. Several members also raised policy concerns about the personal needs allowance becoming an automatic cost driver. Brian Clark, attorney for the Bureau of Adult and Aging Services, clarified that current law requires the allowance to be updated at least every five years, but the legislature could change it in an off year if it chose. He also explained that the allowance is money residents retain from their own income, such as Social Security, as part of Medicaid cost-of-care calculations, and that the department does not regulate how residents keep those funds. No vote was taken during the discussion, and the committee paused to correct the bill copy before continuing testimony.

Transcript Highlights:

• It reinstates the Medi-Cal asset limit at $21,000 for individuals and $31,000 for couples, effective
• It authorizes funds previously provided for the distributed energy backup assets program to be used for
• One is that currently, in the managed care delivery system, plans receive a capitation rate.
• So with fewer members, the capitation goes down.
• We also reject the reduction of the Medi-Cal asset limit to an absolutely unrealistically low level.

Summary: The Senate Committee on Budget and Fiscal Review heard the 2026-27 budget package, including AB 111 and AB 112 plus 16 trailer bills and two policy bills. Chair Laird described the budget as balanced over two fiscal years, with about $351.7 billion in total spending, $251.5 billion General Fund, and record reserves, while emphasizing investments in child care, homelessness, housing, Medi-Cal, education, courts, and other core programs. The Department of Finance presented each bill, outlining major items such as Medi-Cal adjustments tied to federal H.R. 1, child care and early learning funding, education and higher education investments, human services, developmental services, health, skilled nursing, resources, energy, transportation, housing, labor, state government, courts, taxation, and two policy bills on education governance and ballot measure placement. The LAO said it had no additional comments but was available for questions. The committee later achieved quorum and moved to member questions and comments, with no votes taken in the portion provided. Members largely focused on the budget’s fiscal structure and policy implications. Several senators praised staff and noted the compressed timeline, while Vice Chair Niello criticized the process as overly complex and burdensome. Senator Smallwood-Cuevas supported the budget but raised concerns about Medi-Cal changes for people with unsatisfactory immigration status, asking about access to care, the number affected, and county eligibility support; Finance said about two million people would transition to fee-for-service and that $39 million was included for care coordination, along with additional county eligibility funding. Senator Durazo said the agreement delayed, but did not resolve, cuts to immigrant health coverage, dental, and clinic payments, and argued that the budget did not create a true restoration mechanism. Senator Richardson highlighted hospital funding, public hospital definitions, DMV data protections, and court construction and maintenance needs, while Senator Grove questioned the sustainability of spending, the Medi-Cal savings assumptions, distressed hospital funding, Planned Parenthood transparency, developmental services changes, high-speed rail costs, and the property tax postponement program. Other members emphasized different priorities. Senator Blake Spear praised climate and parks investments, support for HAP homelessness funding with accountability, transit stabilization, and Care Court referral funding, while expressing concern about the lack of wildlife coexistence funding and long-term transit operating support. Senator Weber Pearson raised a technical concern in the health trailer bill regarding menopause language, arguing that the bill should refer to perimenopausal symptoms and should not narrow provider participation through contracting language. Throughout the hearing, Finance repeatedly explained that many of the budget’s savings came from reduced caseloads or delayed implementation of prior proposals, while some new spending was added to mitigate impacts and support administration of the changes. No final committee action or vote was shown in the excerpt.