Video & Transcript Research : 'financial statement'

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MN

Minnesota 2025-2026 Regular Session

Resident tuition rates 3/12/26

Minnesota House Floor Meeting

Transcript Highlights:
  • And uh this was not my of financial aid.
  • Um, I rates and not state financial aid.
  • So, is that where it had talked about applying to financial aid programs?
  • had talked about applying to financial had talked about applying to financial aid<00:04:06.400><
  • And on state financial aid purposes.
Keywords: 1183, house
FL

Florida 2026 4th Special Session

January 20, 2026 - 01:00 PM

Transcript Highlights:
  • Two went into Georgia, went into Texas for financial reasons.
  • And now I can check off most of my closing statements. Thank you.
  • And now I can check off most of my closing statements. Thank you. Thank you, Madam Chair.
  • statements and ensure they comply with federal and state funding requirements.
  • These audits also review how well the ELCs manage their financial statements.
Summary: The Pre-K through 12 Budget Subcommittee met with a quorum and first heard House Bill 731, which would address coach and extracurricular sponsor compensation and change how student-athlete transfer eligibility is determined. The bill would allow local school boards to adopt policies letting booster clubs or similar associations support coaches and activity sponsors, and it would let superintendents treat certain coaches and athletic leaders as administrative personnel for compensation purposes. It would also shift eligibility decisions for transferred student-athletes to the governing athletic association and require clearer bylaws and timelines for those determinations. Members raised questions about booster club oversight, pay equity, the new athletic administrator language, and safeguards against abuse or unequal treatment, while supporters argued the bill would help retain coaches and better support student athletics. The bill was debated and then reported favorably by roll call vote. The committee then received presentations from the Department of Education’s Division of Early Learning and the Florida Association of Early Learning Coalitions on school readiness fraud prevention and mitigation. Speakers explained that Florida’s school readiness program pays providers based on verified attendance rather than enrollment, requires daily parent sign-in/sign-out records, and uses multiple layers of oversight including coalition anti-fraud plans, annual audits, programmatic monitoring, DCF inspections, and referrals to state fraud investigators when needed. They emphasized that Florida delayed implementation of a federal rule that would have required prospective enrollment-based payments, and said the state’s current system makes fraud difficult. Members asked about military and grandparent guardianship situations, audit findings, and the number of fraud referrals; presenters said fraud cases are relatively limited and that the existing controls and public enforcement act as deterrents. The meeting ended after members thanked the presenters and the committee adjourned without further business.
AZ

Arizona 2026 Regular Session

02/23/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • Any opening statement? Yes.
  • Any opening statement?
  • Would you like to make a statement? No. Well, I would like to make a statement.
  • Any opening statement? Yes.
  • Any opening statement? Mr.
Keywords: 1182, all
FL

Florida 2025 Regular Session

Rules Mar 19th, 2025

Transcript Highlights:
  • Association, financial requirements.
  • Association, financial requirements.
  • To provide audited financial statements.
  • To provide audited financial statements.
  • financial statements.
Keywords: 999, senate, all
NH

New Hampshire 2026 Regular Session

House Health, Human Services and Elderly Affairs (01/14/2026)

Health, Human Services and Elderly Affairs

Transcript Highlights:
  • It was just signing a statement. It's a very simple statement.
  • It's just a statement.
  • "It was just signing a statement. It's a very simple statement.
  • It's just a statement. it's not an ask. It's just a statement.
  • financial constraint. financial constraint.
Keywords: 1189, house, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/12/2025)

Transcript Highlights:
  • I mean, it was a story that contained some really wild, wildly incorrect statements, including statements
  • I mean, it was a story that contained some really wild, wildly incorrect statements, including statements
  • I mean, it was a story that contained some really wild, wildly incorrect statements, including statements
  • schools receive the same Financial schools receive the same Financial benefit<00:17:10.160> as
  • That is not a settled statement.
Keywords: 928, house, all
Summary: The committee opened a public hearing on HB 402, a bill dealing with whether Education Freedom Account (EFA) payments should be described in state law as not constituting taxable income. The bill sponsor argued that the current statute is misleading because New Hampshire should not imply a federal tax result, and said the bill would remove that language and could also be amended to clarify that families should consult tax advisors. He emphasized that the measure was not intended to impose a state tax on EFAs, but to avoid giving inaccurate advice about possible federal tax liability. Testimony was divided. A retired representative and a tax preparer both opposed the bill, saying EFA payments are already treated consistently with IRS rules and that the bill would create confusion, administrative burden, and possible tax consequences for low- and moderate-income families. They argued the bill is a solution in search of a problem and warned that requiring 1099s could add costs for the scholarship organization and recipients. A tax attorney supported the bill’s repeal of the state language, saying New Hampshire should not put tax advice into statute and that the current wording is inaccurate because federal law, not state law, controls taxability. He cited IRS Section 117 and Publication 970, explaining that only some scholarship-like payments are tax-free and that many EFA-eligible expenses may not qualify for federal exemption. Members asked questions about what would be misleading, whether the bill was trying to tax EFAs, and the cost of issuing 1099s. The sponsor and witnesses repeatedly said the bill was not a state tax on voucher payments, but a clarification about federal tax treatment. No vote or final committee action was taken in the portion provided.
FL
Transcript Highlights:
  • For student financial aid and tuition assistance programs, the budget funds work...
  • Strong financial stewardship will be a key role in UWF’s success.
  • And, you know, that a little conflicts with some of your statements.
  • They feel it politically, and they feel it financially.
  • They feel it politically, and they feel it financially.
Summary: The committee first took up a confirmation for UCF trustee reappointment candidate Mr. Christie, who described his long service on the board, his UCF business-school background, and his focus on strengthening UCF’s financial foundation, workforce alignment, and engineering and technology programs. Members praised his service and asked about UCF’s future direction, including its role in Florida’s space and engineering sectors. He was allowed to leave early for a meeting with the governor. The committee then heard the Higher Education Appropriations budget presentation for fiscal year 2025-26. The chair outlined a proposed $11.5 billion higher education budget emphasizing workforce education, Florida College System operations, career and technical education, the GATE program, nursing education through the Florida Center for Nursing, UF/IFAS agriculture technology, tutoring, autism and neurodevelopment services, student financial aid, and $250 million for state universities through the Board of Governors. Senator Davis asked about line grant flexibility, and the chair said a conforming bill would address details. The committee adopted a motion allowing technical corrections and then adopted the budget proposal as a recommendation to the full Appropriations Committee. The remainder of the meeting focused on confirmations for university boards, especially the University of West Florida, where several nominees were questioned about Title IX compliance, free speech, workforce readiness, military/veteran ties, and prior statements about privatization and higher education. Rebecca Matthews, Rachel Moyah, Ashley Ross, and Adam Kessel each described their backgrounds and goals for UWF; Kessel faced extensive questioning about his past writings on privatization, the GI Bill, and speech suppression, and said he would not recommend privatizing Florida universities and supported veterans’ education benefits. Public testimony on UWF was largely opposed, with speakers arguing the nominees lacked local ties and warning the slate would harm the university and community. The committee also heard from FAMU reappointment nominee Judge Belvin Perry, who emphasized student success, workforce quality, and FAMU’s continued rise, and from UCF nominee Mark Philburn and FSU nominee Peter Jones, both of whom highlighted their professional experience and commitment to student success and prudent stewardship. The meeting extended its time to 6:30 p.m. to continue hearing nominees and public testimony.
MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 3/5/26

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • potential grant's audits, financial potential grant's audits, financial statements,<00:04:06.239
  • The law requires that agencies do certain things in the review of the agency's financial statements if
  • <00:11:49.440> a financial statements if they have a financial statements if they have a audit
  • So, we're looking at the board-certified financial statements to back that up.
  • at the board certified financial at the board certified financial statements<01:04:05.920> to
Keywords: 1183, house
Summary: The committee approved the March 3 minutes and then heard a presentation from the Office of the Legislative Auditor on state grant-management requirements. Deputy Legislative Auditor Katherine Tyson outlined the main controls agencies must follow, including pre-award risk assessments for grants of $50,000 or more, reimbursement as the preferred payment method, limits and documentation requirements for advance payments, and monitoring obligations for active grants. She emphasized that these controls are intended to reduce improper payments and fraud, but also require staff time and strong internal systems. In response to questions, she said advance payments are used in some grants but reimbursement is more common, and noted that agencies can add controls such as retaining a portion of funds, surprise visits, or audits. She also said surety bonds are required in some state programs, but not generally for grants, and that this could be a policy discussion for the executive branch. The committee then received a Department of Natural Resources presentation on the new Environment and Natural Resources Trust Fund community grant program created in 2023 law. DNR officials said the program is intended to expand access to ENRTF funding, especially for communities affected by pollution and environmental degradation, and to support projects such as environmental education, resource restoration, trail work, and aquatic invasive species management. They said the department will use the same grants team that handles Outdoor Heritage Fund and LCCMR grants, which already manages a large volume of grants, and that the advisory council application is open through April 10. DNR described its implementation plan as similar to the Conservation Partners Legacy program, with both standard and expedited grant rounds, technical assistance, and use of technical experts. Differences include no match requirement, allowance for fiscal agents to help smaller organizations, and more flexibility for administrative expenses to reduce barriers to participation. Officials said the program will follow state grant rules, including pre-award financial reviews and monitoring, and will use the 5 percent administrative allowance to support both oversight and grantee assistance. They also said the report’s suggestion of advance payments for grants under $50,000 was raised for discussion, but they did not dispute the auditor’s emphasis that reimbursement is the preferred approach.
NH

New Hampshire 2026 Regular Session

Senate Ways and Means (04/22/2026)

Ways and Means

Transcript Highlights:
  • for seniors who need both the financial for seniors who need both the financial and<00:04:29.840
  • Uh Nathan White, chief financial >> Sure.
  • Is it unavailable because we've determined that there's a financial need?
  • Is it that there's a financial need?
  • So, that's a statement long-term care.
Keywords: 1191, senate, all
MN

Minnesota 2025 1st Special Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/12/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • > ruin Financial instability and financial ruin Financial instability and financial ruin when<
  • I think it's important, though, that we ground ourselves in the statement by Mr.
  • I don't know that I heard a question; I think it was more of a statement.
  • while also understanding the financial while also understanding the financial uh<01:41:52.639>
  • Um, and um, members have all done closing statement.
Keywords: 1183, house
FL

Florida 2026 Regular Session

Appropriations Committee on Higher Education Apr 10th, 2025

Appropriations Committee on Higher Education

Transcript Highlights:
  • Foster financial sustainability.
  • I had no clue about his statements.
  • Yuner’s statement. Thank you. Further questions? No question, Madam Chair, but just a statement.
  • I had no clue of his statements.
  • Yuner’s statement. Thank you. Further questions? No question, Madam Chair, but just a statement.
Summary: The committee first heard CS/SB 1458 on apprenticeship and pre-apprenticeship programs. The bill sponsor said it would add consistency and transparency by requiring local education agencies and training providers to define their roles and funding shares in contracts, cap an LEA’s share at 10% when it serves only an administrative role, and require public meetings and published work papers for the district workforce education funding steering committee. Several industry and business groups appeared in support, and the bill was reported favorably without debate. The committee then took up CS/CS/SB 1726 on higher education, which was substantially revised by a delete-all amendment. The amended bill addressed presidential searches, trustee eligibility, interim presidents, polling by universities, mission reviews, and other governance issues. Members asked about the requirement that final presidential candidate groups include at least three applicants, the qualifications for interim presidents, trustee residency/alumni requirements, and limits on candidate polling. Senators Leek and Smith offered contrasting views, with Leek warning about candidate withdrawals and Smith supporting the bill as a way to depoliticize higher education governance. The bill, as amended, was reported favorably. The remainder of the meeting was devoted to confirmation hearings for university and college boards of trustees. Several appointees and reappointees from FAMU, UNF, Pensacola State College, UF, and UWF described their ties to their institutions and goals such as student success, workforce alignment, military support, research, and regional access. The UWF nominees drew the most scrutiny over their votes for former board chair Scott Yenor, whose public comments about women and other groups were criticized by senators and public commenters. Some nominees said they were unaware of the full scope of those remarks and would not have voted for him with that knowledge; others defended their votes as based on his education-reform views. Public testimony also raised concerns about UWF board members’ lack of higher-education experience and local ties. The committee confirmed the non-UWF nominees in a block vote and then began individual votes on the UWF nominees, with debate centered on Yenor-related concerns.
KY

Kentucky 2026 Regular Session

House Standing Committee on Families and Children. (2-5-26)

Families & Children

Transcript Highlights:
  • And I financial disclosure affidavit.
  • <00:13:23.039> [snorts] emotional and financial [snorts] emotional and financial [snorts]
  • Um, we've got to get retirement account statements and bank statements and all those things.
  • > and<00:20:13.679> bank retirement account statements and bank retirement account statements
  • Um, statements and and all those things.
Summary: The House Families and Children Committee met in the 2026 regular session and heard House Bill 109, which would amend Kentucky divorce law to waive the current 60-day waiting period for couples with minor children when the parties have already completed mediation or collaborative family law and are ready to finalize their decree. The bill sponsor, Representative Deetsz, argued the measure would reward families who have already done the work to resolve custody, parenting time, and property issues outside of court, and said it would not affect traditional litigation cases. She also explained that delays can be especially burdensome when retirement-account division requires a QDRO after the decree. Committee members discussed how long collaborative cases typically take, with the sponsor estimating about six months on average and longer in complex cases, and noted that some judges already require parenting classes or allow reconciliation conferences in certain circuits. David Walls of the Family Foundation testified in opposition, saying the bill would make divorce easier for parents with children and move Kentucky in the wrong direction. He argued waiting periods can encourage reconciliation, protect marriage commitments, and reduce harms to children and public costs associated with family fragmentation. He urged lawmakers to preserve or even lengthen the waiting period rather than eliminate it, and framed the issue as protecting children and strengthening marriage. During questions, Representative Bojanowski strongly objected to Mr. Walls’ characterization of divorce, saying her own divorce was necessary for her children’s well-being and that the bill simply shortens the process after mediation. Representative Elliott asked about typical timelines in collaborative cases and noted that some courts require parental education. Representative Moser asked whether counseling is required; the sponsor said it is not, though reconciliation conferences may be requested at a judge’s discretion. The transcript ends after discussion of the bill and before any recorded vote or final committee action.
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/12/2025)

Transcript Highlights:
  • It was a story that contained some really wild, wildly incorrect statements, including statements from
  • > the statements including statements from the statements including statements from the commissioner
  • schools receive the same Financial schools receive the same Financial benefit<00:17:10.160> as
  • system from a financial system from a financial standpoint<01:52:42.760> all right<01:52:
  • chair um the your your uh statement chair um the your your uh statement three<04:13:11.040> here
Keywords: 928, house, all
Summary: The committee held a public hearing on HB 402, a bill to repeal a provision in RSA 194-F:2 stating that Education Freedom Account (EFA) funds “shall not constitute taxable income” to the parent or student. The bill sponsor argued the current language is misleading because the state cannot determine federal tax liability, and said the bill would simply remove inaccurate tax advice from state law. He cited IRS guidance and prior federal legislation, including a Ted Cruz proposal, to suggest some EFA uses may be taxable under federal law, while others may not, and said the bill could be amended if needed to avoid confusion. Testimony was sharply divided. Py Campbell opposed the bill, arguing it would unfairly single out EFA students and could amount to a tax on education funds, including for self-employed families, and recommended it be voted inexpedient to legislate. Stephen Matthew French, a tax preparer, also opposed the bill, saying IRS Publication 970 already makes clear that scholarship-type payments used for tuition and related expenses are not taxable, and that the bill addresses a problem that does not exist. He warned that adding tax reporting requirements could create administrative costs for families and the program administrator. Bill Ardinger, a tax attorney, supported the repeal of the statutory language, saying the state should not place potentially incorrect tax advice into law. He explained that under federal tax law, only certain scholarship-like uses are exempt, while many EFA-eligible expenses may not be, especially for families using the program for homeschooling or other nontraditional expenses. He said the current statute could mislead families into thinking all EFA payments are tax-free and could expose the state to future legal problems. The hearing ended after questions from committee members; no vote or final action was taken in the transcript.
MN
Transcript Highlights:
  • picture by sharing, at a high level, the results of our audited financial statements, along with the
  • Our external auditors presented the results of our previous fiscal year's audited financial statements
  • It's a higher-ed number where they take our financial statements—our balance sheet, income statement,
  • A number that is closer to zero indicates not a strong financial health or financial distress.
  • c> sheet financial statements our balance sheet financial statements our balance sheet or<00:51:28.280
Keywords: 919, house, all
Summary: Minnesota State Colleges and Universities presented an overview of the system and several budget riders. Board Chair George Soul described the system’s structure, noting 26 colleges and seven universities governed by a 15-member board, and emphasized that Minnesota State serves about 270,000 students annually, including many students of color, adult learners, Pell-eligible students, first-generation students, and veterans. He highlighted the system’s workforce role, saying it offers more than 4,000 programs, extensive employer partnerships, and that 86% of graduates find jobs in their field or a related field. He then turned the presentation over to system staff to discuss specific funding requests. Associate Vice Chancellor Kim Lynch focused on the Z-degree textbook program, which supports zero-textbook-cost courses and degrees. She said prior legislative support has produced about $3.1 million in savings in academic year 2024 and more than $12.6 million in aggregate savings, with 10 colleges now offering Z degrees and 12 more on track or exploring implementation. She described the program’s use of open educational resources, instructional design support, and library resources to fill gaps where free materials are not available, and said students save roughly $7 to $10 for every $1 invested. Members praised the program and asked about its expansion. Associate Vice Chancellor Paul Shepard discussed student support funding, including a centralized basic needs resource hub, the Mantra Health mental health platform, and the emergency grant program. He said student surveys showed significant food, housing, and homelessness insecurity, and that the basic needs hub has served over 2,400 students with a 97% positive response rate. He said Mantra provides telecounseling, peer support, self-paced courses, and crisis support, and clarified in response to questions that it is not AI-driven and does not sell student data; general usage data is collected, and follow-up with campus counselors occurs only at the student’s request. He also said the emergency grant program has distributed over $3 million to more than 4,800 students, with grants averaging just under $700, and that campuses use application review and recordkeeping to manage repeat requests. Members asked about counselor staffing, data privacy, and grant safeguards. The final item addressed sexual assault reporting and prevention funding. System staff said the appropriation supports technology infrastructure for statutory reporting, case management for investigations, campus prevention training, and professional development for Title IX coordinators and related staff. They noted that the statutory student training requirement is funded by individual colleges and universities, not by this appropriation. No formal votes were taken in the portion of the meeting provided.
DE
Transcript Highlights:
  • These lawsuits are emotionally and financially devastating and are used strategically to shame, punish
  • Also, protection is limited to statements in an issue under consideration by government entities such
  • Survivors' true good-faith statements receive no legal protection.
  • But a statement before the question.
  • Well, I will just say that, you know, I had Representative to write me in a statement, and I thought
Summary: The House received a series of Senate communications and committee reports, then took up a long consent calendar and several individual measures. Early actions included passing consent calendar items, recognizing Freedom of Speech Week and Juneteenth, and hearing numerous introductions and tributes, including remarks honoring House fellows, Father’s Day, and Representative Mara Gorman. The chamber also adopted several procedural motions and recesses, with roll calls recorded throughout. Among the bills considered, the House passed House Bill 134 on animal cruelty, increasing penalties for repeat offenses; House Bill 131 with Senate Amendment 1 on pet stores and animal welfare; House Substitute 1 for House Bill 320 on technical corrections to the Delaware Constitution; House Substitute 1 for House Bill 407 on technical updates to the Hazardous Substance Control Act; House Substitute 1 for House Bill 425 on salary supplements for certain school employees; House Substitute 1 for House Bill 450, the Road Delaware Act, on land use and permitting reform; House Bill 459 on restricting energy drink sales in schools; House Substitute 1 for House Bill 439 on electric moped and motorcycle disclosures; and House Bill 444, the Delaware John Lewis Voting Rights Act, after amendment delaying its effective date to July 1, 2027. House Amendment 1 to House Bill 459 was adopted, and House Amendment 1 to House Bill 444 was adopted before final passage. The House also rejected House Amendment 1 to House Substitute 1 for House Bill 425 after debate over salary supplement policy for school-related certifications, then passed the substitute bill itself. House Bill 407 prompted questions about the increase in civil penalties, which DENREC said was intended to update outdated fines and align the penalty structure with other laws. House Bill 444 drew floor speeches emphasizing voting rights protections and concerns about voter suppression and dilution. The session ended with the House moving to recess after continuing consideration of House Bill 355, the Speaker Truth Act, which had just adopted an amendment changing damages language to attorney’s fees and costs.
TX
Transcript Highlights:
  • As they can now with traditional financial holdings.
  • It would not target cards from the largest financial institutions.
  • MoCA Financial is what MoCA Financial... We're a small...
  • It would be open to all financial institutions, big and small.
  • We represent primarily payment processors, merchant acquirers, and financial institutions—large financial
CA
Transcript Highlights:
  • The audit reviews each university's financial statement.
  • The audit reviews each university's financial statements and produces a single report, and these reports
  • So it gets all of the financial statements from all of the campuses and produces one consolidated audit
  • So it gets all of the financial statements from all of the campuses and produces one consolidated audit
  • They can see our annual financial statements.
Summary: The committee first adopted its 2025-26 rules on a 7-0 roll call, then approved three consent items—AB 88, AB 240, and AB 313—on a due-pass motion to Appropriations. The hearing then moved to AB 648, which would give community college districts the same zoning authority as the UC and CSU systems to build student and staff housing on property they own or lease. The author and supporters argued the bill would help address severe housing insecurity and homelessness among community college students, while opponents and some members raised concerns about local control, zoning exemptions, and the impact on nearby communities. AB 648 passed the committee on a 5-2 vote and was sent to the Local Government Committee. The committee next heard AB 466, which would require California Community Colleges and CSU campuses to provide organ and tissue donor registry information during student orientation, and request UC campuses to do the same. Supporters shared personal stories about transplants and donation, saying college orientation is a good opportunity to increase registrations. Some members worried about information overload during orientation and suggested campuses have flexibility in how they present the material, but the bill advanced on a unanimous 7-0 vote to Appropriations. AB 326 followed, proposing campus-by-campus external audits of the CSU every three years and public release of the audits. The author, faculty supporters, and a student argued that systemwide audits do not provide enough transparency about how money is spent at individual campuses, citing examples of financial mismanagement and fee increases. CSU opposed the bill, saying it already conducts annual consolidated external audits and that campus-level audits would add cost without added benefit. After extensive discussion about transparency, audit scope, and implementation, the bill passed 6-1 to Appropriations. The committee then took up AB 335, which would create a California Black-Serving Institution Grant Program to support Black student success and broader underserved student services; supporters emphasized persistent equity gaps and low completion rates, while an opponent argued the bill needed to be carefully amended to comply with Proposition 209 and equal protection requirements. The transcript ends during that item’s discussion, before a final vote is shown.
ND

North Dakota 2026 1st Special Session

Senate Floor Session Jan 22nd, 2026 at 08:30 am

North Dakota Senate Floor Meeting

Transcript Highlights:
  • Madam President, 2403 is a bill to provide gap loan funding for hospitals in severe financial trouble
  • We had a rural hospital that has experienced a perfect storm of financial trouble.
  • They have hired an A perfect storm of financial trouble. They have hired a consulting team.
  • So this bill does open up to any hospital in the state that struggles with severe financial trouble.
  • Seventy-nine legislators have yet to file their annual statement of interest.
Summary: The Senate convened with prayer, the Pledge of Allegiance, and a quorum present. It adopted the procedural employment committee report naming Senate staff for the special session. The chamber then took up several health-care and appropriations measures, first adopting amendments to Senate Bills 2401, 2402, and 2403 before moving them to final passage. Senate Bill 2401 passed 44-2 and requires physicians to complete at least one hour of continuing education in nutrition and metabolic health, part of a broader rural health care package. Senate Bill 2402 passed 46-0 after major amendments negotiated between the medical and pharmacy boards; as amended, it expands pharmacists’ prescriptive authority and therapeutic substitution in limited areas while excluding categories such as antidepressants, antipsychotics, chemotherapy agents, Schedule II drugs, biological products, and narrow therapeutic index drugs. Supporters said it would improve rural access and help secure rural health transformation funding, while questions focused on how pharmacist competence would be measured and enforced. Senate Bill 2403, also passed 46-0, creates a short-term medical facility emergency operating loan program through the Bank of North Dakota, reduced by amendment from $10 million to $5 million, to help a financially distressed rural hospital. Senators discussed the hospital’s mismanagement, the need for a bridge loan, and safeguards including a limited application window and expiration in 2027. Senate Bill 2404 passed 46-0 and provides supplemental appropriations to the Information Technology Department for ADA-related website accessibility compliance and to the Public Service Commission for additional legal costs in federal energy-rate litigation. The Senate then made announcements about a Highway Patrol safety presentation and filing deadlines, excused an absent member, and adjourned until the next morning.
MN

Minnesota 2025 1st Special Session

Committee on Finance - 02/05/25

Finance

Transcript Highlights:
  • statements.
  • So I think a key lesson here is that there are cases where additional financial statements, especially
  • differently in our State financial differently in our State financial statements<00:56:35.720>
  • additional um additional financial additional um additional financial statements<00:57:46.680>
  • <01:13:35.480> Officer office of the Chief Financial Officer office of the Chief Financial
Keywords: 1187, senate, all
Summary: The Senate Finance Committee held a hearing on the fiscal note process, prompted by concerns raised in a prior hearing about the fiscal note for the Paid Family and Medical Leave law. Chair Marty, Senator Pratt, and Senator Wiklund said the goal was not to revisit the bill itself but to strengthen understanding of fiscal note standards, the role of the Legislative Budget Office (LBO), and communication with agencies. They emphasized bipartisan concern that fiscal notes must be respected and that the process should be clearer going forward. Christian Larison of the LBO explained that the 2024 fiscal note issues stemmed from three main problems: choosing the proper baseline for a program that had not yet started, interpreting the seven-day qualifying event/waiting period, and determining whether DEED could adjust the first-year premium rate. He said the LBO, DEED, MMB, and House fiscal staff ultimately used the October 2023 actuarial analysis as the baseline because it was the most recent and likely most accurate estimate, but that choice meant the fiscal note did not show the difference from the 2023 enacted budget. He also described how DEED later interpreted the seven-day provision as a waiting period and how the premium-rate assumptions affected the fiscal impact. Larison outlined possible responses, including more assertive early communication from the LBO, providing more detailed analysis in unusual cases, and possibly creating a working group through the LBO Oversight Commission to consider new standards for substantial assumption changes, complex new programs, and third-party actuarial work. He also noted the LBO has authority to issue unapproved fiscal notes if standards are not met, though it has not used that authority. In questions, Senator Murphy asked about protecting the credibility of fiscal notes, and Larison said maintaining independence, objectivity, and consistent standards is central to the LBO’s role. No votes or formal actions were taken at the hearing.
MI

Michigan 2025-2026 Regular Session

Senate Session 26-07-01

Michigan Senate Floor Meeting

Transcript Highlights:
  • I move the Senate proceed to the order of statements. Without objection, so ordered.
  • Senators and staff, could everybody please take their seats for a very special statement?
  • And so I wanted to rise today and make that statement on behalf of him and his legacy.
  • House Bill 5549, a bill to amend the Consumer Financial Services Act.
  • President, will the Senate proceed to the order of statements? Without objection, so ordered.
Keywords: 983, senate, all