Transcript Highlights:

• their programs and graduate with a degree, that they're not going to leave school with a bunch of debt
• of Pell-eligible students, and an affordability rate, which is based upon the average student loan debt
• , you know, are not set up for success to graduate. there, come out $40,000 in debt, you know, are not
• looking at how do we make sure that students aren't going into an institution, racking up tons of debt
• looking at how do we make sure that students aren't going into an institution, racking up tons of debt

Summary: The Higher Education Budget Subcommittee heard and advanced House Bill 1145, which clarifies that public charter schools may participate in the CAP Grant Fund. The bill’s amendment expanded a separate “money-back guarantee” concept for state colleges, requiring participating institutions to offer six eligible programs and refund tuition if graduates do not find qualifying employment within six months under standardized job-search requirements. Members asked about refund rates, student notification, fiscal impact, and whether the proposal accounted for disability or out-of-state job searches. Public testimony on the amendment and bill was in support from Nathan Hoffman of the Foundation for Florida’s Future, and the committee adopted the amendment and reported the bill favorably as a committee substitute by a 16-1 vote, with Representative Aristide voting no over the charter school issue. The committee then received presentations on the William L. Boyd IV Effective Access to Student Education (EASE) Grant and the private nonprofit college sector. Department of Education staff explained that EASE, created in 1979, provides tuition assistance to eligible full-time undergraduates at participating private institutions, with a 2024-25 maximum award of $3,500 and an additional EASE Plus incentive of up to $850 for students in high-demand fields. The department reviewed the program’s funding history, disbursement process, and accountability metrics, including access, affordability, graduation, retention, and postgraduate employment/continuing education. Members asked about award proration, eligibility for other aid, religious-program restrictions, and why some institutions had low or unavailable graduation-rate data. ICUF President Robert Boyd argued that EASE is a strong return on investment and described ICUF institutions as not-for-profit, four-year schools serving many Pell-eligible, adult, military, and minority students. He said the sector produces a significant share of Florida’s bachelor’s, graduate, nursing, and education degrees, and highlighted ICUF’s dashboard with additional transparency metrics, program earnings data, and net price calculators. Boyd and members discussed graduation and completion rates, NCLEX passage rates, affordability, institutional flexibility, and whether schools with lower graduation rates should be compared differently because of their student populations. The presentations ended with no further business, and the meeting adjourned.

Transcript Highlights:

• items through their fiscal agents: three school districts and one Board of Education tax levy to pay debt
• None of which needed an additional tax levy to pay debt service.
• service reported an upcoming to pay debt service reported an upcoming Revenue<00:01:35.360> bond<
• The bonds will not be KHC or Commonwealth debt.
• The bonds will not be KHC or Commonwealth debt.

Keywords: 00:01 Call to Order and Roll Call 00:30 Approval of Minutes 00:59 Information Items 03:34 Finance and Admin Cabinet 12:31 KY Infrastructure Authority 21:47 Office of Financial Mgmt 23:27 Adjournment, 958, all

Summary: The committee first handled informational reports on several bond and lease matters, including school district and board of education debt-service items, upcoming revenue bond issues in Henderson and Jessamine counties, and three advertised lease-space requests for state agencies. Members also reviewed prior lease transactions that had not been approved in November and December; the Finance and Administration Cabinet later canceled and rebid the Harlan County lease and moved ahead with the Perry County lease modification. Additional information items included a Kentucky Communications Network Authority quarterly capital projects report and Eastern Kentucky University asset preservation revisions. The committee then heard from Deputy State Budget Director Janice Thomas on four action items. She reported a $2.85 million USDA-funded renovation at Kentucky State University’s Betty White Building, a $294,000 increase for the Kentucky School for the Deaf’s Middleton Hall renovation, and a $6.1 million restricted-funds scope increase for the KCTCS Science Building Expansion in Elizabethtown. Members asked about how often the statutory 15% increase authority is used for school dormitory and cottage projects and about the competitiveness of construction bids; Thomas said bids are typically competitive but recent estimates have been difficult because of higher material and equipment costs. The committee approved the three action items unanimously and also received a no-action report on a $3.918 million Corrections project to repair and replace the KCIW kitchen drain line. Next, the Kentucky Infrastructure Authority presented seven loans and grants, all of which the committee approved unanimously. The package included sewer and water projects for Frankfort, Sturgis, Scottsville, Morganfield, Western Pulaski County Water District, and Springfield, plus an emergency $5.487 million Kentucky Waters grant for Eddyville after a catastrophic sewer plant failure and weather-related emergency declarations. The projects covered wastewater interceptor and treatment upgrades, sewer collection rehabilitation, water transmission main installation, and planning/design work, with loan terms ranging from five to 30 years and interest rates from 0.5% to 2.25%. Finally, the committee considered a $38.4 million Kentucky Housing Corporation conduit issuance for a 322-unit multifamily rental project in Jefferson County. A member asked how the committee participates in the transaction, and staff explained that it is a conduit issuance and not state debt. The committee then moved to approve the issuance.

Transcript Highlights:

• this bill reflects responsible governance, namely through how we fund our infrastructure, manage our debt
• broader borrowing capacity by having the option to bond through the CTF, we preserve general obligation debt
• very strong message to our credit rating agencies that the Commonwealth of Massachusetts takes our debt
• We take our debt management seriously. We use our tools wisely.

Keywords: 995, all

Summary: The House opened with the Pledge of Allegiance and first took up a Rules Committee report recommending adoption of a resolution honoring the 200th anniversary of the Bethel African Methodist Episcopal Church in New Bedford. The House suspended the rules and adopted the resolution. The Steering, Policy and Scheduling Committee then reported a series of local bills for consideration, including measures on legal notices, charter changes for Chicopee, Bridgewater, Wellesley, Weston, Somerville, and Watertown, as well as bills on firefighter residency, a checkout bag fee in Sudbury, senior tax exemption eligibility in Williamstown, and liquor licenses in Lexington. The House suspended Rule 7A, gave the bills second reading, and ordered them to a third reading. The House also considered a Ways and Means report on H. 4257, financing long-term improvements to municipal roads and bridges. The committee recommended an amendment in the form of a substitute bill, H. 4307, authorizing $1.185 billion in general obligation bonds. After suspension of the rules, the House adopted the amendment and ordered the bill to a third reading. Later, during floor debate on H. 4307, members spoke in support of the bill as a major transportation funding package, emphasizing Chapter 90 aid, road mileage-based distribution, culvert and small bridge repairs, congestion relief projects, and the bill’s fiscal and credit-rating benefits. A roll call was ordered, and the bill passed to be engrossed 156-0. The House also passed to be engrossed a bill validating the results of a special election in Hardwick. In addition, the House adopted an order to meet the next day at 11 a.m. and agreed to adjourn in memory of former Representative and Senator Matthew C. Patrick of Falmouth. The session included several guest introductions, including Mandela Fellows studying at Bridgewater State University, former legislator Vincent Dimacido, Bellingham Council on Aging guests, and interns in Representative Linsky’s office.

Transcript Highlights:

• The rapid amortization of debt has benefited New Hampshire by lowering our levels of debt, which has
• are paid for by the issuance of debt are paid for by the issuance of debt that<01:34:24.760>
• > on<01:35:41.880> the pays when they issue debt depends on the pays when they issue debt
• <01:36:28.440> has lowering our levels of debt which has lowering our levels of debt which
• health of the fund to take on that debt health of the fund to take on that debt service<05:08:23.958

Keywords: 928, house, all

Summary: The Department of Administrative Services presented its capital budget process and priorities, explaining how agencies assess facility needs, rank projects, and submit requests to the governor’s office. DAS described its Plant and Property division, which maintains 96 state buildings, and Public Works, which develops detailed cost estimates for selected projects. Officials said the governor’s office has traditionally narrowed requests into priority tiers, but this year all projects were estimated, creating more work and less detail. They also emphasized that the capital budget book functions as legislative intent and can be binding on how approved funds are used. On the substance of the request, DAS highlighted several priorities: continued funding for the state ERP system upgrade to the cloud, with about $5 million requested for sustainability and related Treasury functions; emergency fund and annex renovation work; a sprinkler replacement at DMV; and elevator repairs at the main building. Karen Rocky also identified maintenance projects that rose in priority after a facility condition assessment, including HVAC work for Portsmouth Circuit Court and Coos County Courthouse, boilers and controls for Carroll County and Lebanon Circuit Court, brick repointing at the main building and annex, window replacement at Spalding, and Brown building elevator replacement. Officials noted that the governor’s proposed capital budget included fewer DAS projects than in past years and no projects for the Bureau of Court Facilities. The committee also discussed lapses and reprogramming of prior appropriations. DAS said the first eight projects approved in 2023 remain under construction and should be extended, while many 2021 projects are delayed because of ARPA-related workload and broader construction backlogs. Members reviewed a 2019 project list and agreed to lapse project number 49, the Spalding roof project, with about $81,000 remaining. DAS also said some small 2019 balances, including courthouse generators, a boiler, cooling and controls, roof and exterior repairs, and the State House Annex elevator, could be redirected through Capital Budget Overview toward the Hillsboro County South Cell Block project. The hearing ended with questions about project schedules, ARPA deadlines, and the division of authority between DoIT and DAS for the ERP system.

Transcript Highlights:

• To community debts with more accurate language that better reflects modern property law and requires
• The next provision relates to community debts.
• There is such a thing as community debts under state law, but unfortunately, there have been references
• to community debts throughout the state's code for some time.
• when a creditor comes forward, which is unusual because normally heirs are not responsible for the debts

Bills: HB368, HB3311, HB1734, HB2495, HB2716, HB793, HB3376, HB2524, HB3421, HB3446, HB3181

Keywords: electronic devices, family violence, criminal prosecution, protective orders, tracking, harassment, family allowance, decedent's estate, surviving spouse, minor children, inheritance, child support, maintenance, HB 1734, Family Code, Section 155.207, suit affecting the parent-child relationship, SAPCR, continuing exclusive jurisdiction, jurisdiction transfer

Transcript Highlights:

• , no pension debt.
• no debt no pension debt result they have no debt no pension debt um<04:00:22.720> and<04:00:23.520
• Municipal but uh worth of pension debt Municipal but uh worth of pension debt and<04:00:42.080><
• So it avoids debt, and debt is a killer, as we're going to, you know, probably find out at the federal
• ><04:07:32.199> killer<04:07:33.159> as avoids debt and debt is a killer as avoids debt

Keywords: 928, house, all

Summary: The committee first took up House Bill 622, but after the sponsor said further research raised concerns, he asked that the bill be tabled. The committee then moved in executive session and voted unanimously to find the bill inexpedient to legislate, sending it to consent. The committee also retained House Bill 349, the ophthalmologic laser bill, after members said more time was needed for the professions involved to work out training standards and provide additional information; that motion also passed unanimously. The committee then discussed House Bill 244, a municipal building/fire code recodification measure. Members said the bill needed more review and careful scrutiny because of its length and possible unintended effects, and they voted unanimously to retain it as well. House Bill 534 was then heard; the sponsor said the bill did not do what was intended because of a misunderstanding about current processing, and the committee voted inexpedient to legislate and placed it on consent. The committee next considered House Bill 233, with an amendment to remove a requirement affecting the New Hampshire Vaccine Association. Supporters argued the bill would reduce an unnecessary burden and improve transparency, while opponents said the committee should not single out one private 501(c)(3) organization. The amendment was adopted 8-5, and the bill as amended then passed 7-6; a minority report was requested. Finally, the committee opened House Bill 536, a proposed 1.5% cost-of-living adjustment for certain state retirees. The sponsor and supporters argued retirees had not received adequate COLAs and that the bill would help offset inflation, while the retirement system testified that the proposal would add significant costs, including an estimated $1.5 million for the state, $6.6 million for political subdivisions, and about $100.7 million in present-value unfunded liability, with the impact reflected in future employer contribution rates.

Transcript Highlights:

• When the funding is not there, they do not issue the debt and do not build the projects.
• So there is a little bit of difference in the challenge of taking that debt on. Mr.
• There is a little bit of difference in the challenge of taking that debt on.
• <00:50:12.680> on the challenge of taking that debt on the challenge of taking that debt on
• many of them hold a significant debt many of them hold a significant debt load<01:22:33.280>

Keywords: 928, house, all

Summary: The Finance Committee held a hearing on several bills and announced at the outset that no votes would be taken because the measures would go to divisions later. The first major bill, HB 197, would require the state to pay 7.5% of political subdivision employer pension contributions for teachers, police officers, and firefighters. Representative Mike Edgar, the prime sponsor, argued the state had repeatedly reduced and then eliminated its promised share of retirement costs, shifting the burden to municipalities and property taxpayers. He said the bill would partially restore that commitment and provide relief to local governments, businesses, and taxpayers. Several witnesses testified in support of HB 197, including Representative John Cluder, Bradford selectman Marlene Fryer, the New Hampshire Municipal Association’s Margaret Burns, and Epping representative Mark Fone. Supporters said the bill would help with property tax pressure, school budgets, and municipal hiring, and they emphasized that much of the retirement cost reflects unfunded liability decisions made at the state level rather than by local governments. Committee members questioned whether the bill would change local incentives to control costs and how it would affect hiring and compensation. Burns said the state contribution would function as property tax relief because it offsets existing municipal expenses, and she noted the state is already on a long-term schedule to pay down the retirement system’s unfunded liability. After closing the hearing on HB 197, the committee opened a hearing on HB 97, introduced by Representative Tom Buco. He said the bill would continue funding for delayed and deferred wastewater projects and help municipalities finance expensive wastewater infrastructure, which he tied to housing development and local debt planning. No action or votes were taken on either bill during the hearing.

Transcript Highlights:

• including them in the restriction, the bill ensures that local governments do not use these alternative debt
• taking long-term notes on things that will not last and therefore putting future generations into more debt
• including them in the restriction, the bill ensures that local governments do not use these alternative debt
• taking long term notes on things that will not last and therefore putting future generations into more debt

Summary: The Senate Local Government Committee met with a quorum and considered several bills and resolutions, beginning with Senate Bill 393. The bill would restrict political subdivisions from issuing debt for personal property whose useful life ends before the debt matures, and the committee substitute broadened the restriction to include certificates of obligation and anticipation notes as well as general obligation bonds. Members asked about how the weighted-average maturity calculation works, but no detailed explanation was provided. The committee adopted the substitute and left SB 393 pending without a final vote. The committee then heard Senate Bill 464, a youth vaping measure by Senator Campbell. The committee substitute defined vaping apparatus, added a Class A misdemeanor, increased the school buffer from 300 feet to 1,000 feet, preserved limited local authority over tobacco-related retail regulation, and removed a 50% threshold. The substitute was adopted, and the bill was reported favorably; it was also placed on the local and uncontested calendar. The committee also took up SJR 81, which would create a general-law exception for up to $25,000 of tangible personal property held for production of income, and after no public testimony it was reported favorably. Members next considered SB 32, a tax relief measure. The committee substitute reduced the franchise credit amount from $700 million to $500 million, paired with the recently passed $200 million from the related resolution to keep the total at $700 million over the biennium. The substitute was adopted and the bill was reported favorably and placed on the local and uncontested calendar. The committee also reported out SB 996, SB 1163, SB 1173, SB 1277, SB 1453, and SB 2016, with most passing on 5-0 votes; SB 1453 passed 4-1 and SB 2016 passed 4-1. SB 1163 was reported to the full Senate but not placed on the local and uncontested calendar. The committee ended the meeting by leaving SB 393 pending and then adjourning/recessing subject to the chair's call.

Transcript Highlights:

• We think that the restructuring of the conveyance tax system to become a marginal rate system like income
• We think that the restructuring of the conveyance tax system to become a marginal rate system like income
• think<01:34:00.880> that<01:34:01.159> the<01:34:01.639> uh<01:34:01.840> restructuring
• <01:34:02.679> of<01:34:02.960> the think that the uh restructuring of the think that
• the uh restructuring of the uh<01:34:04.000> conveyance<01:34:04.600> tax<01:34:05.000

Keywords: 910, house, all

Transcript Highlights:

• to do the debt service for that<01:30:58.760> from<01:30:59.040> that<01:30:59.360>
• Service that would be needed for Debt Service that would be needed for the<03:34:41.800> next
• Under number five, the line there represents the $10 million that we budgeted using Highway Fund debt
• So, because of the decisions made here, they'll leave the debt service line alone. Okay, great.
• <04:32:27.000> service get the money for the um debt service get the money for the um debt

Keywords: 928, house, all

Summary: The committee held a public hearing and work session on House Bill 25/25A, the capital improvements budget. Representative David Mills introduced HB 25A, which makes appropriations for capital improvements for the biennium and extends certain lapses from prior appropriations, noting it is based on Governor Ayotte’s budget. The hearing then focused on requests to add or restore funding for several projects, including community college capital needs, Veterans Home ADA and safety upgrades, career and technical education renovations in Milford, and airport infrastructure funding. Shannon Reed of the Community College System of New Hampshire asked for an additional $2.6 million for IT infrastructure, critical maintenance, and energy management systems, citing failing boilers, roof work, cybersecurity needs, and a recent costly water damage incident at Lakes Region Community College. John Graham, representing the New Hampshire Veterans Home, requested $1.5 million for ADA compliance and safety improvements such as floor replacement and wider doors, saying the work would help the home before an upcoming VA inspection and protect federal funding. Lance Whitehead testified for Milford CTE, asking the committee to keep $9.9 million in the budget for a scaled-down renovation; members discussed the town’s failed vote, the need for local matching funds, and the possibility of another vote next year. Tim Thompson of Concord and Margaret Burns of NHMA urged restoration of airport matching funds, arguing that about $3.6 million in state money would leverage roughly $62 million to $65 million in federal FAA funds for safety and infrastructure projects. Trisha Lambert and Andrew Pomroy of the Bureau of Aeronautics and airport management association explained the airport program, the 12 federally funded airports, and how projects are selected through airport master plans and a capital improvement program. After public testimony, the committee closed the hearing on HB 25A. In the work session that followed, staff distributed supporting documents, including cost breakdowns and comparison sheets. The chair indicated the committee would work from the governor’s $143 million capital budget as a baseline and proposed reducing it by about $10 million, largely by removing the Milford CTE item because both towns had voted it down and would not have another vote for a year. The chair said the goal was to bring the overall budget to about $133 million and then repurpose the remaining funds through straw polls and further committee action.

Transcript Highlights:

• on to the agreement to pay off the debt on to the agreement to pay off the debt for<00:56:55.760
• This bill proposes to pay some debt. It also proposes to pay for a new well.
• We have been appropriating money to pay 20% of the debt service of these completed projects.
• So we've been getting 30% principal and interest payments on our own annual payment on our debt.
• Now all the debt on this program is taken on by the municipalities here.

Keywords: 1191, senate, all

Transcript Highlights:

• Students at significantly more debt.
• Instead of $9,900 in debt per year.
• It's critical that we stop normalizing overwhelming student debt.
• Programs like the Northstar debt.
• ,<01:24:06.800> poor concerns over student debt, poor concerns over student debt, poor outcomes

Keywords: 1187, senate, all

Transcript Highlights:

• is any way to mitigate that debt upon graduation.
• <01:40:27.560> it's students have aced egregious debt it's students have aced egregious debt
• it's not<01:40:27.880> just<01:40:28.040> small<01:40:28.360> debt<01:40:28.639
• it's it's the size not just small debt it's it's the size of<01:40:30.000> a<01:40:30.159>
• upon coming out the connection debt upon coming out the connection between<01:40:52.639> release<

Keywords: 928, house, all

Summary: The meeting was the first session of a newly created House Education Funding Committee, which also handles career technical education and higher education legislation. The chair explained that the committee was split off from the larger education committee because of the high volume of bills in the prior biennium, and said its focus would be on education funding policy and related fiscal issues. He noted that the committee had already reviewed major topics with the Department of Education, including the foundation formula, building aid, career technical education, special education aid, catastrophic aid, and higher education funding, and that chancellors from the university and community college systems were scheduled to appear later that morning. The bulk of the meeting was an orientation on committee procedures and decorum. The chair reviewed attendance and replacement rules, hearing procedures, time limits for testimony, and how the committee would handle crowded hearings, early bills, and fiscal notes. He emphasized that hearings are not debates, that sponsors and co-sponsors may present but should not use their position to dominate questioning, and that the chair controls whether additional technical questions are asked of witnesses. He also stressed neutrality, saying members should not display buttons or placards or engage in running debates with testifiers, and that the committee should treat all testimony respectfully regardless of party or viewpoint. Additional housekeeping guidance covered security procedures, use of cell phones and computers during hearings, breaks and hydration in the dry hearing rooms, and courtesy toward the clerk and other staff. The chair also asked members to notify leadership in advance of absences and explained that some bills may require larger rooms or overflow arrangements. No votes were taken and no bills were acted on during this portion of the meeting.

Transcript Highlights:

• are paid for by the issuance of debt are paid for by the issuance of debt that<01:34:24.760>
• The rapid amortization of debt has benefited New Hampshire by lowering our levels of debt, which has
• > on<01:35:41.880> the pays when they issue debt depends on the pays when they issue debt
• <01:36:28.440> has lowering our levels of debt which has lowering our levels of debt which
• health of the fund to take on that debt health of the fund to take on that debt service<05:08:23.958

Keywords: 928, house, all

Summary: The Department of Administrative Services presented its capital budget process and priorities, explaining that it maintains and operates 96 state buildings and uses annual facility walkthroughs, condition assessments, and rough cost estimates to rank projects for the governor’s capital budget. Officials described how requests are triaged, how the governor’s office and Public Works refine estimates, and how the resulting capital budget book serves as legislative intent for approved projects. They also noted that this year the governor’s office asked for estimates on all selected projects, which increased workload but reduced detail. The department highlighted several requested projects, including $1.5 million for the ERP system sustainability fund, which officials said is critical because the state is upgrading its core financial, HR, and budget system to the cloud. Other priorities included courthouse HVAC and boiler work, brick repointing at the State House annex/main building, window replacement at the Spalding building, and elevator replacement on the hospital campus. Officials also said the governor’s proposed capital budget included fewer DAS projects than in past years and asked the committee to consider funding closer to historic levels. The committee then reviewed lapse and reallocation items. DAS said most older projects are still in design, bid, or construction because projects now take four to six years rather than two to three, in part due to ARPA-related workload and post-COVID construction backlogs. Members discussed lapsing $81,000 from the completed Spalding roof project and redirecting small remaining balances from several 2019 projects toward the Hillsboro County South cell block project through the Capital Project Overview Committee. Officials also confirmed ARPA-funded projects are expected to be completed before the December 2026 deadline and explained that the ERP system is the main state IT exception outside DOIT’s usual centralized control, though it still requires DOIT consultation and approval.

Transcript Highlights:

• But students are burdened by student debt.
• Um there's a burdened by student debt.
• With rising concerns about college affordability and student debt, we cannot afford to continue with
• With rising concerns about college affordability and student debt, we cannot afford to continue with
• Misleading information, leading to unnecessary debt and financial hardship.

Keywords: 1187, senate, all

Transcript Highlights:

• However, when you purchase a home, your property taxes are included in your debt-to-income ratio.
• It creates a mechanism where your property taxes are not included in your debt-to-income ratio.
• taxes in the debt to income ratio<01:51:24.239> calculation.
• the debt to income ratio calculation. the debt to income ratio calculation.
• <01:52:51.520> to when you purchase a home, the debt to when you purchase a home, the debt

Keywords: 1136, house, all

Transcript Highlights:

• 00:11:07.000> sealing<00:11:07.480> as<00:11:08.120> needed suspension of the debt
• Higher federal deficits and national debt could weigh negatively on economic growth in the long term.
• could weigh negatively on economic debt could weigh negatively on economic growth<00:19:06.799> in
• Now, in order to remain in compliance with our debt capacity guidelines, the forecast assumes a $700
• remain in compliance with our debt remain in compliance with our debt capacity<00:26:05.240>

Keywords: 1187, senate, all

Transcript Highlights:

• 30% and then School building a Debt 30% and then School building a Debt Service<00:25:53.919>
• The debt is one thing that's holding it way, way back, and the only way you're going to get the debt
• The debt is one thing that's holding it way, way back, and the only way you're going to get the debt
• The debt is one thing that's holding it way, way back, and the only way you're going to get the debt
• > to<03:25:26.279> one think it's the debt is close to one think it's the debt is close

Keywords: 1189, house, all

Summary: The committee received a Department of Revenue Administration update from Commissioner Lindsay Stepp focused on revenue estimates for fiscal years 2025, 2026, and 2027. She explained the department’s forecasting method, which uses five scenarios based on the first seven months of actual collections and different assumptions for the remaining months, then selects a reasonable high and low range for FY 25 and applies projected growth rates for FY 26 and FY 27. Members asked several clarifying questions about how the scenarios are chosen and how the estimates relate to economic growth and taxpayer behavior. For business taxes, Stepp reported FY 25 year-to-date collections of $110.3 million, 18.2% below plan and 17.2% below prior year. She said the shortfall reflects both economic conditions and a resetting of estimated payments after unusually strong pandemic-era profits, and noted that the department cannot fully separate changes in taxpayer liability from changes in estimated payment behavior. She said approximately just under $72 million was refunded in FY 24 due to the CCO cap, and that FY 25 year-to-date refunds are at 41.7%. For business taxes, the department’s FY 25 range was based on either continued underperformance versus plan or a return to prior-year levels, with FY 26 and FY 27 growth projected at 3% to 8%. The committee also reviewed meals and rooms tax, tobacco tax, and related trends. Meals and rooms revenue was $6.9 million, or 3.3%, ahead of plan and prior year; the FY 25 gross estimate was $475.894 million, with a net range of about $331.82 million to $335.259 million after municipal transfers and school building aid. Stepp said recent monthly results suggest some fluctuation tied to disposable income, weather, and travel patterns, but no clear sustained decline. Tobacco tax was $18.1 million, 14% below plan and 4.8% below prior year; she said cigarette stamp sales are declining while e-cigarettes and other tobacco products are growing, with FY 25 tobacco revenue projected at $182.5 million to $185.3 million and FY 26-FY 27 growth ranging from -5% to flat. No votes or formal actions were taken.

Transcript Highlights:

• saying, hey, if we're going to talk about housing affordability, maybe we could actually convince the debt
• Look, when you have almost a $40 trillion debt—excuse me, debt.
• Talk about that, the debt is substantially demographics. And...
• We've actually had these things hit, but debt held... by the public per capita.
• Speaker, we basically just ran through sort of three categories: U.S. debt...

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, June 25, 2026, 1012, house, all

Transcript Highlights:

• House Bill 762 by Representative Beham is an act in Titles 32 and 47 relative to debt referral by the
• Senate Bill 414 by Senator Talbot is an act in Title 51 relative to medical debt protection, to create
• the Louisiana Medical Debt Protection Act.
• The bill deals with medical debt for people who have life-saving treatment and medical care, like cancer
• , and then go into medical debt.

Bills: SCR63, SCR12, HB89, HB451, HB595, HB617, HB621, HB730, HB1064, HB1125, HB221, HCR58, SB106, SB206, SB248, SB441, SB104, SB122, SB180, SB260, SB424, SB476, SCR9, SCR30, SB57, SB414, SB525, SB35, SB65, SB135, SB215, SB246, SB249, SB269, SB276, SB282, SB296, SB323, SB363, SB369, SB474, SB484, SB490, SB492, SB500, SB501, SB513, HCR31, HB462, HB547, HB613, HB691, HB712, HB720, HB723, HB728, HB735, HB747, HB759, HB825, HB845, HB846, HB903, HB904, HB907, HB923, HB929, HB941, HB962, HB965, HB1036, HB287, HB370, HB515, HB521, HB570, HB1200, HB29, HB39, HB58, HB67, HB73, HB76, HB77, HB82, HB112, HB121, HB125, HB132, HB134, HB151, HB154, HB155, HB161, HB166, HB187, HB191, HB207, HB211, HB224, HB238, HB241, HB242, HB250, HB260, HB265, HB275, HB300, HB320, HB338, HB339, HB349, HB379, HB399, HB427, HB463, HB464, HB468, HB545, HB550, HB551, HB565, HB588, HB639, HB725, HB782, HB805, HB808, HB834, HB847, HB853, HB858, HB861, HB883, HB916, HB937, HB977, HB1012, HB1027, HB1044, HB1054, HB1091, HB1117, HB90, HB127, HB138, HB150, HB201, HB268, HB273, HB285, HB315, HB354, HB355, HB360, HB376, HB445, HB506, HB606, HB649, HB665, HB681, HB721, HB746, HB757, HB781, HB835, HB844, HB857, HB872, HB886, HB889, HB892, HB982, HB987, HB1037, HB1068, HB1072, HB1078, HB1085, HB1132, HB1137, HB1167, HB1174, HB1232, HB1238, HB23, HB136, HB17, HB21, HB51, HB55, HB74, HB106, HB108, HB133, HB140, HB159, HB168, HB215, HB226, HB263, HB296, HB299, HB322, HB364, HB519, HB535, HB538, HB568, HB571, HB622, HB635, HB676, HB772, HB784, HB1006, HB1018, HB1033, HB1034, HB1043, HB1070, HB1134, HB1237, HB1239, HB36, HB119, HB126, HB129, HB245, HB271, HB280, HB337, HB351, HB677, HB726, HB789, HB850, HB956, HB966, SB149, SB382

Keywords: fiscal notes, legislation, legislative auditor, state policy, conflict of interest, logging, recognition, John Keith, environment, safety, HB89, Act 615, district attorney, assistant district attorney, retiree health insurance, group health insurance, retirement benefits, public employee benefits, Third Judicial District, Thirtieth Judicial District

Summary: The Senate convened with 32 members present, heard a guest prayer from Pastor Dr. Michael Linton, and proceeded through routine journal approval and legislative bureau reports. The chamber received numerous House messages on passed Senate bills and House bills, introduced several resolutions and concurrent resolutions, and recognized Former Legislators’ Day with remarks honoring deceased former members and welcoming back past legislators and other officials. The Senate also adopted SCR 63, which asks the Legislative Auditor to review how fiscal notes are developed and prepared, after an amendment clarifying the study’s scope and a 33-0 vote. The body then took up a series of Senate bills returned from the House. It concurred in House amendments to SB 106 (crime scene recordings/public records), SB 206 (blood pressure testing in schools, narrowed to athletes), SB 248 (polling place closures for very small precincts), SB 104 (highway memorial designation), SB 122 (bridge preservation), SB 180 (disabled veterans’ homestead exemption transfer language), SB 260 (youth athletics safety training/Coach Safely Act), and SB 476 (garnishment service wording). It rejected House amendments to SB 441 on pre-kindergarten programs. SB 57 on nutrition cleanup, SB 414 on medical debt protection, SB 525 on unclaimed property purchases, SB 501 on postsecondary health information postings, and SB 276 on bail bond producer affidavits all advanced or passed, with SB 57 and SB 414 ultimately passing and SB 525 and SB 501 also receiving final passage. The Senate also adopted SCR 30, a resolution urging Congress to ensure accountability and release of Epstein-related files, and later took up SB 513, a pilot program involving average bid/design-build contracting for certain airport-related projects, which passed 25-10 after extended questioning about its purpose and safeguards. SB 484, revising higher education governance and removing LUMCON language in favor of a study commission, passed 36-1. In personal privilege remarks, senators recognized Louisiana Arts Day and introduced guest Ed Tillman. The chamber then began a long series of House bills, including HB 462 on the Capital Area Road and Bridge District board composition, HB 547 on photographing voter registration information, HB 613 on marking driver’s licenses with citizenship status, HB 691 on voter-roll verification through the federal SAVE system, and HB 712 waiving certain OMV fees for homeless individuals; several of these bills were explained and moved toward final passage as the session continued.