Video & Transcript Research : 'partial guarantee'

Page 83 of 309
CA
Transcript Highlights:
  • So this is our annual hearing on the Proposition 98 guarantee.
  • So starting with 2024-25, the guarantee increases by $3.9 billion for a total guarantee level of $123.8
  • So 2025-26, the guarantee increases by about $6.8 billion for a calculated guarantee level of $121.4
  • So finally, moving to 2026-27, the guarantee increases by about $10.9 billion for a total guarantee level
  • Just how K-12 part of the 98 guarantee.
Summary: The Assembly Budget Subcommittee on Education Finance held its first hearing of the year on Proposition 98, focusing on the Governor’s budget estimates for the three-year budget window, the Public School System Stabilization Account (PSSA), and repayment of education deferrals. The Department of Finance said the minimum guarantee would rise by about $21.7 billion over the 2025 Budget Act, with increases in each year, full repayment of the existing settle-up obligation in 2024-25, a new $5.6 billion settle-up obligation proposed for 2025-26, and a higher guarantee in 2026-27. Finance also noted revised downward estimates for transitional kindergarten attendance and Los Angeles County property tax reimbursements, and said community colleges would be funded above the split because of enrollment growth. The Legislative Analyst’s Office emphasized fiscal risk and volatility, warning that recent revenue gains are tied heavily to the stock market and tech sector and could reverse quickly. The LAO argued the Governor’s proposed $5.6 billion delay shifts risk into future years and recommended instead fully funding the current estimate, making a larger reserve deposit, considering advance payments or pension-related uses, and finding additional non-Prop 98 solutions to reduce the state’s structural deficit. On the reserve and deferral items, Finance described revised PSSA deposits and withdrawals that would leave about $4.1 billion in the reserve by 2026-27, and both Finance and the LAO supported paying off the remaining LCFF and SCFF deferrals as good fiscal practice. Committee members questioned the size of the settle-up amount, the degree of revenue volatility, the use of the reserve, and the ongoing K-12/community college split. Finance said the proposal is meant to avoid overappropriation if revenues fall, while the LAO said a buffer of roughly $3.5 billion would address typical forecasting risk. Public commenters, including school boards, county offices of education, teachers, and advocacy groups, largely opposed the $5.6 billion withholding or settle-up delay, calling it a manipulation of Prop. 98 and urging full funding and more stable revenue solutions. Several speakers also urged dedicated funding for students experiencing homelessness. The hearing ended with no vote, and the chair announced that broader program discussions would occur in later hearings.
MA
Transcript Highlights:
  • for a little less than a week at the end of May, and we were successful in getting the amendment partially
Keywords: 995, all
Summary: The Cape Verdean Cultural Commission met to approve the May 11 meeting minutes and receive a legislative update. The commission reported that Senator Miranda’s FY27 budget amendment secured $125,000 for the commission, pending final conference committee and gubernatorial approval, with funds expected to become available in the fall if retained. A separate part of the amendment that would have allowed commissioners to be appointed at any point in the commission’s history was not adopted, leaving one vacancy unresolved for now. The commission then finalized its subcommittee structure. Members discussed the originally proposed communications and outreach, survey and data collection, and fundraising/resource development groups, but after discussion and a motion, the body voted to establish four subcommittees: Communications and Outreach, Survey and Data Collection, Organizational Development, and History and Culture. Members also raised ethics concerns about legislators serving on the fundraising-related group, and the title was broadened to organizational development. The chair asked members to sign up within about two weeks so subcommittees could meet before the next full commission meeting. The meeting also focused on an upcoming visit by President José Neves of Cabo Verde. Commissioners were invited to attend a smaller 10:30 a.m. meeting with the president and delegation, followed by a larger community gathering from 11 a.m. to noon, with capacity limited and RSVPs encouraged. Members emphasized using the visit to reinforce support for the cultural center project and to highlight the importance of Massachusetts’ Cape Verdean diaspora. In public comment, members discussed gathering event listings for Cape Verdean summer celebrations, including Independence Day events, and suggested future meetings could include presentations from other cultural institutions about how they developed their projects. The commission adjourned after a motion and vote.
AZ

Arizona 2026 Regular Session

06/10/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • Starting off explaining my vote, I want to thank Representative Griffin for allowing me to put on a partial
Keywords: 1182, all
AZ

Arizona 2026 Regular Session

06/10/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • Starting off explaining my vote, I want to thank Representative Griffin for allowing me to put a partial
Summary: The House opened with prayer, the Pledge of Allegiance, approval of the prior journal, and several introductions of guests, including two young mayors visiting the chamber. Members then adopted House Resolution 2008 unanimously, honoring Daniel Cade Blackman, with extended remarks from his family and colleagues about his service, faith, and legacy. The House also took up a motion to reconsider SB 1456 from a prior date and proceeded into Committee of the Whole on multiple Senate bills. In Committee of the Whole, members considered and amended SB 1170, SB 1496, SB 1511, SB 1016, SB 1335, and SB 1683, with each ultimately receiving a do pass recommendation. The discussion included a correction to SB 1170 to remove an unintended section, a municipal improvement district process change in SB 1016, an ag-to-urban water permitting fix in SB 1335, and a land-sale restriction involving China in SB 1683. The committee reports were adopted, and the bills were ordered for third reading as appropriate. On third and final reading, the House passed SB 1188, SB 1560, and SB 1723, with recorded votes of 38-0-10, 48-2-10, and 51-0-9 respectively. The House also concurred in Senate amendments to HB 2265, HB 2404, HB 2950, and HB 2986, then passed those bills on final reading; members speaking in support highlighted court-fee policy, mental health crisis response, tourism improvement areas, and water infrastructure savings. The chamber then announced a Republican caucus meeting and adjourned until 10 a.m. on Thursday, June 11, 2026.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-05-29 - 4:30PM

Vermont Senate Floor Meeting

Transcript Highlights:
  • I was sworn in in January of 2011, I was sworn in in January of 2011, partially on the strength of my
Keywords: 927, senate, all
AZ

Arizona 2026 Regular Session

03/05/2026 - House Rural Economic Development

Rural Economic Development

Transcript Highlights:
  • Basically Oro Valley, you can see on the left, and then you can see the fire on the east, partially fueled
Keywords: 1182, all
Summary: The Committee on Rural Economic Development met to hear two presentations. Representative Volk gave a presentation on invasive plant species in southern Arizona, focusing on buffalo grass and stinknet as wildfire fuels that also harm native ecosystems and can worsen respiratory issues. He described current removal efforts, including hand-pulling and coordinated treatment by groups such as the Arizona-Sonora Desert Museum, and discussed the potential for drones and targeted herbicide application to improve mapping and treatment of infestations. Members asked about grazing uses, costs, herbicide selectivity, and the spread of stinknet, and Volk noted that mapping and treatment efforts are being expanded with grants and local testing of drone-based spraying. The committee then heard from Dr. Vishnu Reddy of the University of Arizona on space defense as an economic enabler for Districts 7 and 17. He described Biosphere 2, the Landscape Evolution Observatory, agrovoltaics, and freight-farm systems as research and economic development assets tied to water scarcity, food production, and renewable energy. He also explained the University’s planetary defense work, including asteroid tracking, international warning exercises, and the DART-style concept of nudging hazardous objects off course, while noting the Chelyabinsk event as an example of an unexpected airburst. Dr. Reddy emphasized the role of the University of Arizona, small businesses, and student workforce development in supporting space situational awareness and related research. He also shared meteorite, moon, and Mars samples with members and staff. No formal votes or committee actions were taken beyond the presentations and adjournment.
NM
Transcript Highlights:
  • You all, as the legislature, made a $10 million appropriation, which is partially to be used for providing
FL

Florida 2026 Regular Session

Finance and Tax Nov 5th, 2025

Finance and Tax

Transcript Highlights:
  • In my mind, those were partially offsetting in terms of what we need to consider going into the forecast
Summary: The Senate Committee on Finance and Tax met for its first meeting of the session, with a quorum present and several members excused. Chair Avila opened by framing the committee’s main focus as property tax relief and housing affordability, noting the complexity of any changes to Florida’s long-standing property tax structure and emphasizing the need to preserve funding for schools and local public safety. He also introduced new committee staff member Tamisha Black and thanked staff for summer work supporting analysis of potential proposals, including constitutional amendment concepts and other property tax relief ideas. Staff director Azar Khan then presented an update on the General Revenue forecast, explaining that collections remained above estimate but at a slower pace than the prior year, with recent economic indicators slightly weaker than earlier forecasts. He said the new forecast mostly reflected modest adjustments, with a notable share of the increase coming from earnings on investment rather than the usual drivers such as sales tax or corporate income tax. Khan also gave a detailed presentation on ad valorem millages, explaining the different millage types used by school districts, counties, municipalities, special districts, and water management districts; the rollback rate; TRIM notice and hearing timelines; voting thresholds for adopting higher millages; and long-term trends showing millage rates declining over time even as total taxes levied have increased. Members used the presentations to discuss property tax relief options and the relationship between local property taxes and state revenue. President Passidomo praised staff and Senator Bernard’s summer work on proposals. President Gaetz asked about converting homestead property tax revenue to sales tax and was told the rough equivalent could be around a 2.8-cent sales tax increase, though with important behavioral and distributional caveats. Senator Rouson asked about the decline in corporate income tax estimates, and Khan said it likely reflected changes in national corporate profit expectations and collection patterns, promising a follow-up. The Department of Revenue’s Lizette Kelly confirmed that TRIM data, including adopted millages, rollback rates, and maximum millage calculations, are collected by jurisdiction and can be provided to the committee. No bills were taken up and no votes occurred beyond adjournment, which was adopted by motion.
WA

Washington 2025-2026 Regular Session

Select Committee on Pension Policy Oct 21st, 2025

Select Committee on Pension Policy

Transcript Highlights:
  • I'm wondering if I can get Melinda to join us up here for a second, because I'm going to move into partially—don't
Summary: The Select Committee on Pension Policy Executive Committee approved the September minutes and received updates on two court cases, Fowler and Dolan. Staff explained that Fowler concerns interest calculations for members who transferred from Plan 2 to Plan 3 before 2002; the Ninth Circuit has already found liability, and the remaining issue is damages, which could be significant depending on the expert-driven calculation. Dolan was described as quieter, with briefing completed at the Court of Appeals and oral argument possible later this year or early next year. The committee also heard an actuarial update on the interim work plan, including planned informational briefings on month-of-death policy, a Plan 1 ad hoc COLA, and the OSA demographic experience study, which is still under external audit. Members asked whether updated fiscal notes had been prepared for two bills under study; staff said preliminary analysis had been done and full updates would come if the bills move forward. The committee then discussed how to handle the ad hoc COLA item and agreed to have staff draft a letter endorsing House Bill 1474 and any similar Senate bill for a one-year ad hoc COLA, to be brought back for full committee consideration in November. Staff reviewed the draft November and December work plan. The committee adopted the November agenda, which includes annual updates from the State Investment Board and Retirement Systems, the left one study closeout, and the ad hoc COLA action item. Members also discussed whether excess compensation and 2026 session prep should be handled by email rather than in a meeting, with general agreement to move the session prep to electronic communication and possibly handle excess compensation as an informational item, depending on availability. Constituent correspondence included several messages on climate change and Plan 1 COLAs, including support for the merger bill and COLAs in general. Jacob White of the LEOFF 2 Board reported that the board had only held an educational briefing on excess compensation and overtime, found the data limited, and took no further action. The meeting ended with thanks to staff and an adjournment vote.
KY
Transcript Highlights:
  • Partially, as you know, many of these issues are still very much in flux in Washington.
Summary: The committee first considered a pulled contract involving the Department of Education and heard from KDE staff Karen Worth, Matthew Courtney, and later Mickey Ray Marinelli. Members asked about contract 42, which related to the 21st Century Community Learning Centers program and broader federal budget uncertainty. KDE explained that the program is forward-funded, so current-year and next-school-year funding were secure, but future funding remained unclear because federal decisions were still in flux. Members asked to be kept informed of any changes and expressed support for the program. The committee then discussed contract 43, a $105,000 general fund agreement for a communications/digital media consultant. KDE said the position was created to help increase awareness of resources for district staff, administrators, and teachers, including Read to Succeed, numeracy, MTSS, website usability, standards resources, and the Kentucky Learning Hub. Members questioned why the work was being routed through the Green River Co-op, whether the role was new, how long it had been vacant, how many similar positions existed, and whether the work amounted to internal marketing. KDE said the selected employee was coming from Thomas More University, the position had existed for about one year, the vacancy had been less than six months, and the role was intended to improve communication and online resources. Some members voiced concern about growing administrative spending and whether more positions were needed. Both contracts were ultimately approved as reviewed without objection after motions, seconds, and roll-call votes. The committee then announced that the September 25 meeting would instead be held on Tuesday, September 9 at 9:00 a.m., and adjourned after a motion.
NM

New Mexico 2025 Regular Session

IC - Public School Capital Outlay Oversight Task Jun 9th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • awards, one for the Lincoln Middle School, which is a plan a planning study, systems upgrades and partial
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services May 19th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I'm only partially aware, I believe this concept was borrowed from a similar plan instituted on the West
MN

Minnesota 2025-2026 Regular Session

Committee on Rules and Administration - 05/16/25

Rules and Administration

Transcript Highlights:
  • they have their own career rule which they've paid for themselves, and if the state is going to partially
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Vets Committee Meeting - 2025-03-26

Veterans and Military Affairs Division

Transcript Highlights:
  • All of the new veterans homes were partially funded by grants from the federal VA, and we have obligations
TX

Texas 89th Regular

S/C on County & Regional Government Mar 24th, 2025

S/C on County & Regional Government

Transcript Highlights:
  • applies to are those that have a population of less than 52,000 and those that have a reservoir partially
TX

Texas 89th Regular

Finance (Part II) Mar 12th, 2025

Finance

Transcript Highlights:
  • Item 4 at the bottom of the page, reallocate $7 million in general revenue to HHSC to partially offset
Bills: SB 1
NH

New Hampshire 2026 Regular Session

Senate Energy and Natural Resources (01/13/2026)

Energy and Natural Resources

Transcript Highlights:
  • Um, such a guarantee would improve the financing terms for developers, of course.
  • Um, such a guarantee would improve the financing terms for developers, of course.
  • Guarantees that rate for all projects through 2040.
  • Simply the guarantees that folks 2041.
  • > um guarantees that those guarantees um guarantees that those guarantees um should<00:52:45.280>
Keywords: 1191, senate, all