Video & Transcript Research : 'revenue commitment'
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NM
New Mexico 2026 Regular Session
Other - PSCOC Apr 22nd, 2026
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Design advances to bid to build only as tax revenues are collected.
- Design advances to bid to build only as tax revenues are collected.
- Rising costs compress how many projects the revenue can fund, especially as we go on.
- Again, revenue arrives in waves, and each project must pace to match each wave.
- But they've committed to doing this for that purpose.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Feb 18th, 2025
Transcript Highlights:
- Two, the universities have access to non-state money, namely tuition revenue.
- It's the administration's commitment to continue fulfilling those payments.
- We are committed to the compact goals.
- And I look forward to your commitment to do so in the future.
- Look at things like potentially increasing revenue.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:00 am
Joint Committee on Financial Services
Transcript Highlights:
- And our members are committed to supporting responsible and sustainable homeownership.
- So in closing, the MNBA remains a committed partner in supporting homeownership, protecting consumers
- The Massachusetts foreclosure prevention program is a revenue-neutral, reasonable, balanced approach.
- So it's particularly outrageous to think just because someone owes debt, again not committing a crime
- It has no way to address the revenue stream that would come from those mortgages.
Summary:
The Committee on Financial Services heard testimony on several bills focused on consumer debt, mortgage regulation, credit unions, and foreclosure prevention. The Attorney General’s Office strongly supported the Debt Collection Fairness Act (S. 735/H. 1275), saying it would curb abusive debt collection, prevent stale claims, limit civil arrest warrants, modernize wage garnishment rules, and reduce judgment interest rates. Senator Eldridge and legal aid advocates echoed that support, while the Massachusetts Bankers Association and the Massachusetts Mortgage Bankers Association supported bills on credit union mission/competition, consumer privacy in mortgage applications, subprime loan definitions, UCC updates, and protections for vulnerable adults, but opposed foreclosure mediation proposals and several credit union expansion measures, arguing they would distort competition and add unnecessary burdens.
A large portion of the hearing focused on foreclosure prevention bills (S. 765/H. 1090), with testimony from homeowners, housing organizers, and legal advocates describing predatory lending, confusing servicing practices, health harms, and displacement caused by foreclosure. Supporters said a statewide pre-foreclosure mediation program would give borrowers and lenders a chance to reach alternatives such as loan modifications or repayment plans, and cited local experience in Lynn where mediation reportedly produced high rates of foreclosure alternatives. Opponents from the banking industry argued Massachusetts already has strong foreclosure protections and that a new mandatory process could delay resolution without added benefit, though they also noted a 2024 pilot should be evaluated first.
The committee also heard strong support for H. 1282/S. 684, which would update the Massachusetts Uniform Commercial Code. State Street and a bankruptcy attorney said the changes are needed to keep commercial law current with electronic transactions, tokenized assets, and blockchain technology, and to maintain competitiveness with other states. The hearing concluded after public testimony, with no bill votes taken during the session; the chair thanked speakers and the committee voted to adjourn.
CA
Transcript Highlights:
- Much more in San Francisco, the revenue raised goes specifically to operations, whereas, for example,
- So, given the unique nature of the revenue measure that the voters will consider in November and its
- And we are committed to working with the Secretary of State to meet that need, to meet both the needs
- And we are committed to working with the Secretary of State to meet that need, to meet both the needs
- My commitment is to continue having these discussions around what that path looks like, but certainly
CA
California 2025-2026 Regular Session
Assembly Floor Session Mar 17th, 2025
California House Floor Meeting
Transcript Highlights:
- and Tax Committee to the Housing and Community Development Committee, then back to the Revenue and Tax
- Development Committee, then back to the Revenue and Tax Committee.
- Someone who has been committed to issues for years in immigration.
- Let us celebrate the legacy of the Irish-American community and reaffirm our commitment to a future of
- He knew that the strength of a city is measured not by its wealth, but by its commitment to its most
Summary:
The Assembly convened after a quorum call and prayer, then handled several procedural matters before moving to the daily file. Members approved a motion to withdraw Assembly Bills 100 through 219 to the second reading file by a roll call vote of 42-15, and unanimously approved re-referrals of AB 440 and AB 1265 to different committees. The chamber also welcomed international visitors, student and community guests, and later heard a series of guest introductions tied to agriculture, immigration, and Irish heritage.
The main floor action centered on two resolutions. H.R. 19, recognizing California Agriculture Day, drew strong support from members representing agricultural districts, who highlighted the state’s farm production, exports, and the role of farmworkers and ranchers; the resolution was adopted by voice vote after 65 co-authors were added. ACR 51, honoring Irish American Heritage Month, was also adopted by voice vote after 66 co-authors were added, with members speaking about Irish immigration, labor history, California-Ireland ties, and St. Patrick’s Day.
The Assembly also held multiple adjournment-in-memory tributes for the Honorable Leon Lawson Williams, a pioneering Black civic leader in San Diego who served on the City Council and County Board of Supervisors and helped expand public transit and advance civil rights. Members from San Diego and others described his barriers-breaking career and lasting influence on local government and community leadership. The House then received announcements about upcoming committee hearings and adjourned until Thursday, March 20, at 9 a.m.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 19th, 2025
Transcript Highlights:
- So the department is absolutely committed to SB 54.
- Yeah, CalRecycle is committed to doing this as quickly as possible.
- in California, and we are absolutely committed.
- A date that's premature to commit, but what is your goal?
- Since February, the generation and handling fee revenues are up $19 million.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm
Joint Committee on Transportation
Transcript Highlights:
- In annual revenue.
- And as with H. 3756, S. 2356 and H. 3744 would split these revenues between the municipality where the
- That means fewer orders, lost revenue, and for some, closing their doors permanently.
- The board needs members that are committed to improving the functioning of the Steamship Authority.
- The board needs members that are committed to improving the functioning of the Steamship Authority.
Summary:
The Joint Committee on Transportation heard testimony on a range of bills focused on transportation funding, governance, and equity. Supporters backed proposals to create a North Central Massachusetts intercity passenger rail fund tied to a possible new gaming license (H. 3680/S. 2363), local parking assessments (H. 3756), third-party delivery fees (S. 2356/H. 3774), broader roadway pricing and congestion management measures (S. 2353/S. 2354), tolling equity and regional transit authority advisory boards (S. 2400/S. 2401), and Steamship Authority oversight reforms including board term limits (S. 2395). Testimony in favor emphasized new dedicated revenue sources, commuter rail expansion, regional equity, improved oversight, and better transit access for riders and communities that rely on public transportation.
There was also testimony in opposition to the third-party delivery fee bills from Chamber of Progress, which argued the fee would raise costs for consumers, small businesses, and delivery workers, could reduce demand and jobs, and might not achieve the intended environmental benefits. Associated Builders and Contractors of Massachusetts opposed H. 3633, a transit expansion, electrification, and resiliency bill, specifically objecting to its mandatory project labor agreement requirement and saying it would limit competition and disadvantage non-union contractors and workers.
Several witnesses spoke in favor of the Steamship Authority bill, saying term limits would improve transparency, accountability, and board turnover. The committee also heard detailed support for the North Central rail proposal from a legislator, the North Central Massachusetts Chamber of Commerce, and a transportation advocate, who described the bill as a way to generate long-term bonded revenue for rail infrastructure. After testimony concluded and no questions remained, the chairs entertained and received a motion to adjourn.
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Economic Development, Pub. Protection, Tourism, and Energy (2-17-26)
Transcript Highlights:
- So, in that regard, I would say they are committed.
- In answer to your question committed.
- Um largely that's revenue opportunities.
- The last two items again are going to be revenue-specific.
- items again are going to be revenue items again are going to be revenue specific.<00:53:21.280><
Summary:
The Budget Subcommittee on Economic Development, Public Protection, Energy and Environment, and Tourism met for its fourth meeting and approved the February 10 minutes. The committee then heard a presentation from the Cabinet for Economic Development, led by Secretary Jeff Noel, with staff from the cabinet and Kentucky Innovation. The presentation focused on the cabinet’s strategy, including workforce, entrepreneurship, innovation, infrastructure, and placemaking, and emphasized a goal of supporting higher-wage jobs while tailoring programs to urban, non-urban, and rural “heritage communities.”
The cabinet reviewed several funding tools and programs, including economic development bond funds, EDF funds, KBI, the Kentucky Innovation Pool, KSTC-related startup and commercialization programs, veteran workforce programs, and Bluegrass State Skills Corporation training funds. Officials said many projects take years to close and that funds are often committed before they are actually disbursed because reimbursements occur after project completion. They also said Kentucky is less competitive than before because of changes in tax policy and that EDF funds are increasingly important to remain competitive with other states.
Members asked about whether previously allocated money remained available, whether some funds could be clawed back, and the status of the Blue Oval project. The cabinet said it is oversubscribed, with some committed dollars likely to go unused and be reoffered to other projects. On Blue Oval, officials said progress had been made and described negotiations tied to repayment and job creation requirements. They also discussed the Ford/SK loan structure, saying the companies may assume the full $250 million obligation and that repayments would be required if job targets are not met. The presentation closed with discussion of workforce coordination and the need to connect economic development projects with training and support systems, including possible ripple effects for rural suppliers and related businesses.
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Feb 1st, 2025
House Appropriations & Finance
Transcript Highlights:
- With that, while you all look, the differences in revenue is the executive general fund revenue recommendation
- . thousand dollars in general fund revenue.
- But for the seventh, the differences in revenue are that the Executive General Fund Revenue Recommendation
- thousand dollars in general fund revenue.
- revenue.
NH
New Hampshire 2025 Regular Session
House Education Funding (09/09/2025)
Transcript Highlights:
- And of course, we all know that we have a revenue issue not just for school funding, but we have a revenue
- c> for<00:10:46.480>
catastrophic have a revenue issue for catastrophic have a revenue issue - we have limited revenues we have limited revenues the<00:19:53.039>
another <00:19:53.600> - <00:32:46.320>
and people who are already committed and people who are already committed and - revenue is coming from revenue is coming from >> to<01:42:04.960>
to <01:42:05.760><
Summary:
The subcommittee opened its first meeting on retained education funding bills, focusing on HB 366, which concerns school building aid for eligible projects, and HB 295, which would make school building aid program funds non-lapsing. The chair framed the discussion broadly around whether school building aid should remain a state program, how to address limited revenues, and whether the current system should continue to prioritize debt service and the existing formula or move toward a different model such as per-pupil allocations, a dedicated fund, or a split between new construction and renovation. He also raised questions about whether leasing should be included and how to manage any new fund under current law and the school building authority structure. Representatives and department staff discussed the current backlog of applications, the age and condition of school facilities, and the possibility that large projects can consume available funding for a year while other districts go unsupported. Tim Carney of the Bureau of School Facilities introduced himself and provided technical context on the program and current debt levels.
Representative Luneau argued that under the ConVal decision, the state’s responsibility includes school buildings, construction, and renovation, and that the program also serves an equity function by helping districts with less property wealth. He noted that construction and renovation have long been recognized categories and asked about leasing, which staff said is already supported in statute for charter schools and possibly CTE, with a cap of 30% of annual lease cost or $50,000. The discussion also covered CTE facilities: staff explained that capital funding for CTE centers is state-funded, that federal Carl Perkins funds cannot be used for construction, and that the current rotational capital model means only a few centers are funded each year, which may not match changing program needs. A committee studying CTE capital needs was referenced, along with concerns that the report from that work had not yet been received.
Representative Papich urged the subcommittee to focus on policy, principles, and structure rather than just numbers, saying the current system produces a few winners and many districts that never receive aid. He favored a simpler, more equitable per-capita or formula-based approach, while acknowledging the need for a transition plan for projects already in the pipeline. The chair later cautioned against mixing maintenance and operations with construction and renovation, noting that operation and maintenance are already part of the adequacy formula and should not be confused with capital funding. No votes were taken during the meeting; the discussion was exploratory, with members and staff laying out competing approaches and identifying issues for further work.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 53 Morning Session May 6th, 2026
Oklahoma House Floor Meeting
Transcript Highlights:
- She remains committed to veterans, however, through being a current member of NOVA and the ONA.
Bills:
SB1687, HB1687, HB4431, HB2894, HB2979, HB3262, HB3298, HB3369, HB3431, HB3462, SB1226, SB1876, SB1916, SB1920, HB3467, HB3498, HB3500, HB3521, HB3581, HB3650, HB3673, HB3764, HB3767, HB3781, HB3800, HB3831, HB3834, HB3941, HB2749, HB3970, HB3972, HB3979, HB3980, HB3981, HB3996, HB4095, HB4104, HB4191, HB4248, HB4298, HB4338, HB4427, HB4428, HJR1023, HB3660, HB3718, HB4326, HB3443, HB3880, HB3649, HB3000, SB1651, SB504, SB372, SB1326, SB1633, SB248, SB1242, SB1238, SB423, SB1989, SB1286, SB904, SB1213, SB1216, SB1827, SB65, SB1390, SB259, SB1944, SB540, SB2139, SB346, SB1595, SB1400, SB1555, SB1209, SB2110, SB1670, SB1061, SB2104, HR1057, SB1946, SB1734, SB1316, SB1360, SB1557, SB1684, SB2049, SB1410, SB2011, SB1437, SB1204, SB1732, SB1775, SB2084, SB1380, SB1572, SB1772, SB1224, SB710, SB1338, SB1266, SB1303, SB1307, SB1562, SB1794, SB1191, SB1983, SB1832, SB1448, SB1534, SB1593, SB1597, SB1630, SB1489, SB1726, SB1796, SB1806, SB1877, SB1451, SB1553, SB1632, SB1423, SB1425, SB1502, SB2180, SB1725, SB2182, HB3003, HB3004, HB4434, HB4324, HB4342, HB2137, HB4432, SJR50, SJR52, SJR53
Keywords:
driver licenses, exam proctor, Service Oklahoma, commercial training, background checks, advance directive, advance health care directive, health care proxy, medical power of attorney, durable power of attorney for health care, living will, surrogate decision-maker, default surrogate, health care agent, capacity determination, supported decision making, mental health directive, psychiatric advance directive, end-of-life care, life-sustaining treatment
Summary:
The House convened, completed the roll call, prayer, Pledge of Allegiance, and recognized Eileen Cooper Grubbs as Nurse of the Day. The chamber then took up several procedural items, including second-reading referrals of Senate Joint Resolutions 50, 52, and 53 to Administrative Rules. Speaker Hilbert also announced the House would continue working despite uncertainty about action in the other chamber, and members were told dinner had been ordered for a long day of floor work.
On legislation, the House rejected Senate amendments to House Bill 1728 and House Bill 3021 and requested conference on both. It adopted Senate amendments to House Bill 2137, a criminal procedure bill, and then passed the bill. The House also approved a motion by Speaker Hilbert to override the governor’s veto of House Bill 4432, with a recorded vote of 68-15, allowing the bill to become law notwithstanding the governor’s objections.
The House then adopted House Concurrent Resolution 1028, which authorizes the House or Senate to modify legislative deadlines for the remainder of the 60th Legislature. Members discussed that the change was intended to keep legislation moving while the Senate was not meeting and to preserve the ability to hear bills and return them between chambers. The resolution passed after a recorded vote of 77-4. Finally, the House suspended certain rules for the rest of the session by a 68-15 vote and recessed until 1 p.m., with a reminder that the rural caucus would meet in Room 206.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 53 Afternoon Session May 6th, 2026
Oklahoma House Floor Meeting
Transcript Highlights:
- Do they bring in money into the state in terms of tax revenue?
- Contract with a child when it comes to a lifetime commitment.
- And absolutely, absolutely I'm committed to that. I'm committed to protecting children.
- Arkansas, Texas, Japan — no commitment, no strings attached.
- commitment, and the Senate went home.
Bills:
SB1687, HB1687, HB4431, HB2894, HB2979, HB3262, HB3298, HB3369, HB3431, HB3462, SB1226, SB1876, SB1916, SB1920, HB3467, HB3498, HB3500, HB3521, HB3581, HB3650, HB3673, HB3764, HB3767, HB3781, HB3800, HB3831, HB3834, HB3941, HB2749, HB3970, HB3972, HB3979, HB3980, HB3981, HB3996, HB4095, HB4104, HB4191, HB4248, HB4298, HB4338, HB4427, HB4428, HJR1023, HB3660, HB3718, HB4326, HB3443, HB3880, HB3649, HB3000, SB1651, SB504, SB372, SB1326, SB1633, SB248, SB1242, SB1238, SB423, SB1989, SB1286, SB904, SB1213, SB1216, SB1827, SB65, SB1390, SB259, SB1944, SB540, SB2139, SB346, SB1595, SB1400, SB1555, SB1209, SB2110, SB1670, SB1061, SB2104, HR1057, SB1946, SB1734, SB1316, SB1360, SB1557, SB1684, SB2049, SB1410, SB2011, SB1437, SB1204, SB1732, SB1775, SB2084, SB1380, SB1572, SB1772, SB1224, SB710, SB1338, SB1266, SB1303, SB1307, SB1562, SB1794, SB1191, SB1983, SB1832, SB1448, SB1534, SB1593, SB1597, SB1630, SB1489, SB1726, SB1796, SB1806, SB1877, SB1451, SB1553, SB1632, SB1423, SB1425, SB1502, SB2180, SB1725, SB2182, HB3003, HB3004, HB4434, HB4324, HB4342, HB2137, HB4432, SJR50, SJR52, SJR53
Keywords:
driver licenses, exam proctor, Service Oklahoma, commercial training, background checks, advance directive, advance health care directive, health care proxy, medical power of attorney, durable power of attorney for health care, living will, surrogate decision-maker, default surrogate, health care agent, capacity determination, supported decision making, mental health directive, psychiatric advance directive, end-of-life care, life-sustaining treatment
Summary:
The House recognized several visitors and groups during the day, including the Norman North High School Cheer and Stunt Team, a student page, Bartlesville Day at the Capitol, and Leadership Elk City. The chamber then took up a long series of Senate amendments and final passage votes on a wide range of measures, with most amendments adopted without objection and many bills passing by wide margins. Topics included advanced health care directives, the Oklahoma Rural Jobs Act, motor vehicle and insurance changes, food truck fire suppression, foreign adversary land ownership restrictions, plumbing licensing reform, probate procedure, financial institutions, riots, Medicaid, court reporters, public finance, district attorney recruitment incentives, child care, the Oklahoma Brine Development Act, adjunct teachers, workers’ compensation, and other technical or policy updates.
Several bills drew substantive debate. The Oklahoma Rural Jobs Act prompted questions about the additional $15 million funding tranche, return on investment, and the use of out-of-state fund managers; supporters said the program had created thousands of jobs and generated strong tax revenue, while opponents criticized the lack of independent ROI data and transparency. House Bill 3500 on probate procedure also drew questions about a nine-month deadline for successor affidavits, with the author saying the change would prevent a “gotcha” that could defeat a decedent’s wishes. House Bill 3660 on natural organic reduction was the subject of extended debate, with supporters arguing for personal freedom and rejecting claims about misuse of the resulting material, while opponents raised concerns about the practice and its regulation.
The House passed most measures by comfortable margins, including bills on advanced health care directives, professions and occupations, motor vehicles, Medicaid, insurance, child care, court reporters, public finance, and criminal law. A few measures failed or were reconsidered: Senate Bill 1916 initially failed on a 46-39 vote, but the House later voted to reconsider and then passed it on reconsideration. Several bills also carried emergency clauses, which were adopted where required by two-thirds votes. The session ended with the House still considering debate on House Bill 3660 after the chamber had recessed and returned to order.
FL
Transcript Highlights:
- How do we maintain services when the revenue disappears?
- How do we maintain services when the revenue disappears?
- Counties are warning about billions of dollars in lost revenue.
- This proposal reduces revenue, but it provides no replacement revenue, none at all.
- Yet, if local governments lose significant revenue,...
FL
Florida 2025 Regular Session
November 18, 2025 - 03:30 PM
Transcript Highlights:
- At Humana, we're deeply committed to improving the health of Floridians and our members through working
- And we also have new current commitments around value-based contracting where we were a cop required
- to commit to a percentage of our expenditures being tied to contracts with providers that had a certain
- We are very committed to them and all that they do.
- She remained committed to her recovery.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Apr 28th, 2025
Transcript Highlights:
- And now the amendments taken today allow 5% of the revenues from the tax measure STA imposes to fund.
- .. ...and today allow 5% of the revenues from the tax measure STA imposes to fund non-transportation
- to purchase this, sadly, you... ...don't have the revenue to purchase this.
- And I just want to reaffirm my commitment to continue not only working on the bill...
- And again, my commitment to ensuring that we're not trying to undo the work that we committed to in reducing
Summary:
The committee heard and advanced several transportation-related bills, beginning with AB 431 on advanced air mobility. The author and supporters from AUVSI, Joby Aviation, United Airlines, Wisk Aero, the City of Long Beach, and Archer said the bill would create a statewide plan and technical framework for eVTOL/advanced air mobility infrastructure, public outreach, and local implementation. No opposition testified, and the bill passed the committee as amended to Appropriations on a unanimous roll call.
Members then took up AB 630 on abandoned or hazardous RVs. The author and supporters, including Los Angeles Mayor Karen Bass’s office, argued the bill would curb a cycle in which inoperable RVs are towed, auctioned cheaply, and returned to the streets by predatory buyers, while adding notice, recovery, and reporting requirements. Opponents from Western Center on Law and Poverty and ACLU California Action warned the bill would destroy RVs that serve as shelter for unhoused residents and could worsen homelessness. After discussion about the bill’s focus on dismantling rather than towing, the committee passed AB 630 as amended to Appropriations.
The committee also approved AB 314, which would support transit-oriented development around planned and existing high-speed rail stations; AB 1223, which gives Sacramento County communities more flexibility to use local transportation revenues for related infrastructure supporting infill development; AB 1111, which adds flexibility to the zero-emission school bus transition for rural and disadvantaged districts; AB 1190, which caps fees charged by DMV business partners and requires clearer disclosure of the official DMV site; AB 987, which limits unreasonable towing fees and related charges; and AB 911, which creates a narrow exemption from Advanced Clean Fleets rules for telecommunications bucket trucks and sail-on-wheels used in emergencies. Most bills drew support from local governments, industry, or consumer groups, while AB 1111 and AB 911 drew opposition from clean transportation and environmental advocates concerned about weakening emissions goals. All of the bills were reported out as amended to the Committee on Appropriations, with recorded roll-call votes and several members adding their names as co-authors or supporters.
AL
Alabama 2025 Regular Session
Alabama Joint Legislative Budget Hearings Feb 5th, 2025
Transcript Highlights:
- It's now the second largest revenue source, and it's not a reliable revenue source, and there's...
- It's now the second largest revenue source, and it's not a reliable revenue source, and there's certainly
- These represent our revenues.
- In September, the state begins in earnest with our revenue estimates, as Kirk... with our revenue estimates
- So we're not only seeing a flattening of revenue, we anticipated revenue decline.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- Due to the improved revenue outlook in 2025–26, the May Revision also reduces the proposed settle-up
- , with about 40% of any change in state revenue falling on the school side of the budget.
- The last time the state faced a really difficult total revenue drop was three years ago, and the fact
- You know, I think obviously the improved revenue outlook, it allowed us to reduce the settle-up, but
- It could be, right, of course, that the revenues increase.
Summary:
The committee first took up the May Revision update on Proposition 98 and the school rainy-day fund. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with lower average daily attendance projections offsetting some of the revenue gains. Finance also described a reduced $3.9 billion settle-up proposal, increased deposits into the Public School System Stabilization Account, and an ending reserve balance of about $10.3 billion. The LAO said the revenue and LCFF adjustments were reasonable, but urged the Legislature to be cautious about delaying settle-up payments and to consider more budget resiliency, including larger cushions or other tools to protect ongoing programs.
Members then questioned the administration and LAO about the size of the settle-up, the rationale for the reserve deposit, declining enrollment, and how lower attendance is creating savings that can be redirected to other school priorities. The LAO said the May Revision’s mix of one-time and ongoing spending was generally reasonable but recommended keeping a strong cushion and considering alternatives such as advance payments or pension-related savings. Questions also focused on how the May Revision’s funding mix affects districts if revenues weaken, and on the treatment of special education, discretionary block grants, and paid family leave costs for LEAs and community colleges.
The committee next heard the community colleges portion of the budget. Finance described a higher SCFF COLA, increased apportionment costs, a student support block grant, deferred maintenance, Common Cloud, Calbright, credit for prior learning, and a one-time adult learner demonstration project. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the SCFF growth formula, and a COLA for Student Equity and Achievement. The LAO recommended funding the statutory COLA increase, noted a $52 million current-year apportionment shortfall not yet included in the May Revision, and suggested the Legislature could instead direct some funds to enrollment growth, categorical COLAs, or one-time uses. Members also clarified how COLA and hold-harmless rules apply to different community college districts.
Finally, the committee reviewed the proposed state implementation of the federal Workforce Pell program. Finance proposed one-time funding for the Student Aid Commission and Cradle to Career data work, plus trailer bill changes to set up state approval of eligible programs. CSAC said the program is promising but highly complex, with new federal rules just released and significant data, regulatory, and systems work still needed; it said the state will not be ready by July 1 and that ongoing funding will likely be necessary. The LAO agreed that implementation will require careful trailer bill language and noted that ongoing administrative costs remain unresolved. Members asked about other states’ approaches and the practical effect on short-term workforce programs in California.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 21st, 2026 at 01:58 pm
House Appropriations & Finance
Transcript Highlights:
- The 14 million that you see LFC above in other transfers is revenue that the LFC put in from the land
- The legislature has already shown strong commitment to the early childhood workforce.
- Those numbers don't match because we did some other revenue swaps. Thank you, Mr. Chairman.
- In revenue. So I think that we want to emphasize these are voluntary programs.
- And so, by supporting our child care Programs with these better revenues and these rates.
Bills:
SB2
Keywords:
SB 2, State Highway Project Bonds, highway funding, transportation bonds, state road fund, motor vehicle fees, vehicle registration fees, electric vehicle fee, EV surcharge, plug-in hybrid fee, weight distance tax, road construction, infrastructure financing, Department of Transportation, State Transportation Commission, bonding authority, county road funds, municipal road funds, transportation improvement program, state highways
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/19/2025)
Transcript Highlights:
- So that would be an increase of revenue<00:42:36.000>
of revenue of revenue of 37,000.<00:42:38.560 - And why is some of this other<00:58:35.520>
revenue Other revenue? I'm sorry. - So, yes, the revenues will come in in 26, but we will be using that revenue in 27.
- expending that revenue in 27. expending that revenue in 27.
- There are multiple revenue sources. This would be an additional revenue source.
Summary:
The committee reviewed a handout comparing House Bill 2 to current retirement law and walked through the bill section by section with staff from the retirement system. The discussion focused on vesting, earnable compensation, average final compensation, compensation-over-base limits, special duty pay, normal retirement age, re-retirement, and maximum benefit rules for Group 2/Tier B members. Staff explained that some provisions would restore pre-2011 rules, including counting certain end-of-career payments such as unused sick and vacation time in earnable compensation and reducing the AFC averaging period from five years back to three. They also described how the bill would eliminate the current cap on compensation over base, which mainly affects overtime, and noted that the actuarial cost of the AFC-related changes is interrelated rather than easily broken out by feature.
A separate discussion covered the special duty pay limitation, which currently applies to Tier A and would be removed under the governor’s bill for both Tier A and Tier B members after their vested buy date. Staff said the actuary estimated that removing the special duty limitation would increase costs by about $13.9 million. Members also asked about the practical difference between overtime and special duty, with staff explaining that special duty generally involves work for a private third party, often police detail work, while overtime depends more on staffing and scheduling. The committee also reviewed the normal retirement age changes for Tier B and the possibility that some members would need to work longer to reach the new vested buy date.
Members raised concerns about an ambiguity in the bill that could allow already-retired Tier B members to return to work, then re-retire and claim the higher benefits, or allow vested deferred members to stop working and wait for the new vested buy date. Staff said the governor’s office did not intend to allow that result and requested clarifying language, noting that the bill as drafted does not expressly prohibit it. The committee also discussed part-time and seasonal work after retirement, with staff explaining that such work generally does not restore membership unless the person takes a full-time position requiring enrollment. Finally, the committee reviewed the maximum benefit provisions and noted that HB 2 in the current year does not change the maximum benefit date or include the 1.5% annual escalator that had been part of the 2023 proposal, making the current bill more costly than the earlier version.
MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2025-04-10
Commerce Finance and Policy
Transcript Highlights:
- It would also be a victory for hospitals, helping them fulfill their commitment to community well-being
- House File 100's commitment to reinvest in communities that were harmed by cannabis prohibition.
- Moving down to the overall revenues on line six, you can see some fee revenue for the Department of Commerce
- This fee revenue would bring in 1.47 million in each biennium on line 7.
- It would generate revenues of $246,000 in the first biennium and $480,000 in the second biennium.