Video & Transcript Research : 'catastrophe fund'

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KY
Transcript Highlights:
  • I think uh road fund was up first.
  • I think uh road fund was up first.
  • I think uh road fund was up first.
  • I think uh road fund was up first.
  • I think uh road fund was up first.
Summary: The Budget Review Subcommittee for Transportation met without a quorum at first, then later approved the July 15 minutes by voice vote after quorum was reached. The committee heard an update from the Transportation Cabinet on the road fund for FY 2024-25. Cabinet staff reported road fund revenue came in $38.5 million above the enacted estimate, with motor vehicle usage tax receipts setting an all-time high for the fifth straight year. Motor fuels tax revenue was below estimate and down from the prior year, while overall road fund collections totaled $1.86 billion, essentially flat year over year. Staff said the road fund ended FY25 with a $61.6 million surplus, which under the budget bill must be appropriated to state construction. Members discussed the gas tax formula, with Senator Higdon arguing it no longer works well because revenues fall when fuel prices fall, and the chair noting the committee may need to revisit the formula. The committee then received an update on High Growth County projects in the 2024 highway plan. KYTC said $16 million in HGC authorizations had been made, nine projects already had construction funds authorized or were otherwise underway, 12 more were scheduled to be let by the end of 2025 with estimated construction costs above $250 million, and one additional project was expected to be awarded through alternative delivery. The cabinet said it anticipated authorizing the full $450 million appropriated by the General Assembly. Members praised the effort and emphasized the need to get projects to market before the next budget cycle. Jason Sala of KYTC also explained why transportation projects take time, citing planning, design, right-of-way acquisition, and utility relocation as major steps that can delay delivery. He said these processes are complex and require coordination with property owners, utilities, consultants, contractors, and local governments. Eric Pelfrey then briefed the committee on professional and personal service contracts, saying they are used to expand cabinet capacity for design, inspections, right-of-way appraisal, safety, and related work. He reported that authorizations and payments for these contracts have trended upward over the past decade, and that the number of contracts has also increased. In response to questions, Pelfrey said design-build can speed some projects by overlapping steps, but it does not eliminate right-of-way or utility work when those are required; he said KYTC has been using alternative delivery more often, but project complexity still limits how quickly work can move.
AZ

Arizona 2026 Regular Session

02/18/2026 - Senate Education

Education

Transcript Highlights:
  • In how it's laid out, there won't be an impact to the general fund.
  • And our concern, this policy has to do with non-funded intervals and leaves schools in a circumstance
  • And we are moving; we consolidated two of the funds, so with that, I appreciate your support.
  • consisting of legislative appropriations and distributions from the permanent state school fund.
  • If the voters approve the increased permanent fund distribution, ADE must allocate teacher pay fund monies
AL

Alabama 2026 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Feb 11th, 2026

Finance and Taxation General Fund

Transcript Highlights:
  • :10.560><c> data</c> specific purpose of that fund is data specific purpose of that fund is data sharing
  • Um, so right now that fund holds currently about $1.5 million.
  • Um, because neither of those appellate courts have their own fund, so we're asking to also create a fund
  • Um, because none of those appellate courts have their own fund, so we're asking to also create a fund
  • It's not going to change any fund.
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Feb 11th, 2026

Ways and Means Education

Transcript Highlights:
  • Alabama Law Enforcement Scholarship Fund.
  • This funding has already been put there.
  • Alabama Law Enforcement Scholarship Fund.
  • </c><00:06:01.360><c> It</c> Enforcement Scholarship Fund. It Enforcement Scholarship Fund.
  • The funding has already been it died.
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Thu Apr 16, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Bills: SCR118, SCR173
Summary: The Committee on Consumer Protection heard two resolutions. SCR 118 SD1 would urge the Insurance Division and the Attorney General to convene a working group on climate change impacts on insurance availability and affordability. The Insurance Division deferred to written testimony, while the Attorney General opposed the measure because of an ongoing lawsuit, asking that references to legal recovery and the AG’s role in convening the group be removed. Members questioned how the resolution might relate to the state’s climate damages litigation and whether it could inform damages calculations. The committee later recommended passage with amendments, including removing the Attorney General as co-convener and changing certain membership references to board chairs; the motion passed unanimously with one excused member. The committee also heard SCR 173 SD1, which would create a task force on event ticket scalping. The Office of Consumer Protection supported the concept but asked to be added as a task force member and said the draft left its role unclear. Supporters, including the National Independent Venue Association and D-BAT, described high resale prices, fraudulent or speculative tickets, and harm to consumers and local businesses. StubHub and the Ticket Policy Forum supported the task force but urged broader scope to include the primary ticket market and ticket sellers, and StubHub also sought inclusion on the task force. Members discussed whether the task force should focus on the secondary market or the broader ticketing ecosystem, and whether the Office of Consumer Protection should be part of the task force or only consulted. The vice chair recommended passage with amendments adding the Office of Consumer Protection as a member and clarifying the consultation language, and the committee adopted that recommendation unanimously with one excused member.
LA

Louisiana 2026 Regular Session

Finance May 21st, 2026

Finance

Transcript Highlights:
  • such as the Site Improvement Fund, and there is funding for research parks and economic development
  • Deposits $56 million of excess funds in the various funds, mainly in the State Emergency Response Fund
  • revitalization fund, LED initiative funds, and creating the Strategic Investments Across Louisiana Fund
  • Fund.
  • Fund.
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/4/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • </c><00:15:03.199><c> and</c> valuable thing for us to be funding and valuable thing for us to be funding
  • </c> this initiative is supported by funds this initiative is supported by funds from<00:24:33.840><c
  • </c> proven invaluable for our industry funds proven invaluable for our industry funds from<00:24:51.120
  • </c> good point that if we're gonna put funds good point that if we're gonna put funds in<00:34:55.800
  • </c> people with disabilities but your funds people with disabilities but your funds helped<00:59:24.559
MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 4/22/25

Ways and Means

Transcript Highlights:
  • And so I want to duty to fund them.
  • </c><00:09:14.480><c> local</c> $1 million each year to fund local $1 million each year to fund local
  • Most of those funds were Castile fund.
  • </c><00:12:52.720><c> in</c> lot of the victim services funding in lot of the victim services funding
  • . fund. fund.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 4th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Senate Bill 1771 authorizes the workforce commission to pull more complete information from the funds
  • SB 206 will make public EMSers considered essential for helping draw down federal funds.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 4th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Members, Senate Bill 1771 authorizes the Workforce Commission to pull more complete information from the funds
  • Members, Senate Bill 1771 authorizes the Workforce Commission to pull more complete information from the funds
  • Senate Bill 206 will make public EMS services considered essential for helping draw down federal funds
Summary: The Senate convened with a quorum, opened with prayer, and included several member and gallery introductions, including recognition of the Doctor of the Day and family members of senators. The chamber then moved to floor business on several bills, with no major debate on most measures. Senate Bill 1465 extended the sunset date for the State Board of Licensure for Professional Engineers and Surveyors to 2031 and passed 43-2, including as an emergency measure. Senate Bill 2110, as amended, allowed the sale of ungraded eggs up to 150 dozen, with the author explaining it was requested by constituents to support rural economics and farmers markets. Senators asked about the need for the bill, the cap, and food safety; the author said the limit was a starting point and noted the eggs would be sold off-premises. The bill advanced and passed 44-2. Senate Bill 1771, which authorizes the Workforce Commission to obtain more complete information on workforce development funds and retain outside counsel, had a title-restoring amendment adopted and then passed 35-11. Senate Bill 206, making public EMS services eligible as essential for drawing down federal funds, passed 42-5 and was also declared an emergency measure. The Senate also heard acknowledgements, including congratulations to Senator Seifried on her first successful day presiding and recognition of Catoosa Day at the Capitol. Announcements followed on appropriations and Oklahoma Women’s Day at the Capitol, and the Senate adjourned until Thursday, March 5, 2026, at 9:30 a.m.
WY

Wyoming 2026 Regular Session

House Appropriations Committee, February 12, 2026 AM

Appropriations

Transcript Highlights:
  • Seeing none, I thank you very much. fund by $1 for every $1 of federal funds fund by $1 for every $1
  • </c> little bit about the the funding plan? little bit about the the funding plan?
  • </c> private funds uh for those projects. private funds uh for those projects.
  • </c> that all the funds that will be needed? that all the funds that will be needed?
  • </c> perpetually funded uh payments. perpetually funded uh payments.
Bills: HB0111, HB0112, HB0122
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 12, 2026

Appropriations

Transcript Highlights:
  • </c><00:04:56.080><c> a</c> difference in our schools by funding a difference in our schools by funding
  • </c><00:09:32.959><c> resources</c> state, and federal tax funded resources state, and federal tax funded
  • </c> neighboring states how they're funding neighboring states how they're funding their<00:29:51.120
  • </c><00:30:10.720><c> mechanisms</c> see are there other funding mechanisms see are there other funding
  • and half will be federal fund.
Bills: HB0111, HB0112, HB0122
WY

Wyoming 2026 Regular Session

House Appropriations Committee, February 12, 2026 PM 2

Appropriations

Transcript Highlights:
  • There's not enough general funds, and so then up to $5 million of the LISRA is the backstop.
  • There's not enough general funds, and so then up to $5 million of the LISRA is the backstop.
Bills: HB0111, HB0112, HB0122
WY

Wyoming 2026 Regular Session

House Appropriations Committee, February 12, 2026 PM

Appropriations

Transcript Highlights:
  • 3, from page line 10 to 13, you're going to find that this appropriation of $200,000 is a general fund
Bills: HB0111, HB0112, HB0122