Video & Transcript Research : 'irrevocable trust'
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NM
New Mexico 2025 Regular Session
IC - Indian Affairs Aug 14th, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- By not just our federal government, but our state governments in actually operationalizing the trust
- Now, those homes, those lands are being put into trust so they can circumvent taxes, essentially.
- A mutual fund or some type of large trust fund that we can use as, you know, backing to secure and at
- We talk about owning and the trust funds and different mechanisms that can be set up, modeled, and used
- But that land is not trust land.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 19th, 2025
Transcript Highlights:
- funding to leverage our existing infrastructure, our existing partnerships, and a lot of the community trust
- So we've got a public trust challenge. CalRecycle has a public trust challenge in front of them.
- Any new ideas in terms of how you're going to build and maintain public trust as we go forward?
- Rico Mastrodonato with the Trust for Public Land, and I'm here to speak on Items 1 and 2.
- As a staff person for the Trust for Public Land, we are implementers.
FL
Florida 2025 Regular Session
March 11, 2025 - 08:00 AM
Transcript Highlights:
- Again, we do have contingency funds and trust funds if those are needed.
- So there's no—it goes back to the trust fund that once again funds us in the following year.
- It all comes out of the trust, which they produce their revenue for.
- I would like to understand this better, but I know that the unions pay their fees into the trust for
- the trust from them, because if this is money, revenue coming in for them and they're not able to use
Summary:
The subcommittee met to review agency travel, budget reduction exercises, and member reports from agency meetings. Early discussion focused on the Department of Management Services (DMS), where members questioned the cost of travel for four out-of-state data/cyber staff and the secretary’s absence. DMS defended the hires as highly specialized enterprise cybersecurity and data personnel, said the positions were lawfully paid and posted, and explained that the staff work on statewide data cataloging and cyber risk reduction rather than agency-by-agency systems. Members also raised concerns about fleet inventory discrepancies and requested follow-up information on hiring, travel, and data inventory timelines. The chair said she would consider travel guardrails and possible reductions, and noted that DMS, the Lottery, and the Florida Commission on Human Relations did not meet the requested reduction target, while the Public Employee Relations Commission did not submit reductions.
The committee then heard from the Florida Lottery about the secretary’s trip to Paris for the World Lottery Convention. Lottery staff said the trip was reimbursed through the multi-state lottery organization and was intended to share best practices and improve operations, though members questioned the value of the travel and requested reimbursement records and the trip agenda. The subcommittee also reviewed agency reduction exercises from several agencies. The Department of Revenue exceeded its target and was praised for frugality; DFS, the Florida Gaming Control Commission, the Office of Financial Regulation, the Office of Insurance Regulation, the Public Service Commission, the Division of Administrative Hearings, and the Department of Business and Professional Regulation each described how they met or approached their reduction goals, often through vacancies, reversions, or expense cuts. OIR warned that further reductions could hurt insurance regulation capacity, while OFR and PSC said their reductions were based on historical reversions and lower post-COVID travel or vacancy levels.
Members then reported back on agency meetings. DMS members raised fleet tracking, real property audits, salary studies, and health plan savings ideas, and asked for follow-up on the Florida PALM project, cybersecurity grants, and state IT modernization. DFS members said the agency was efficient and that its Palm-related work and insurance consumer programs were important. Lottery members emphasized the agency’s revenue generation for education and its low administrative overhead. Gaming Control members highlighted storage costs for seized gaming equipment and suggested technology-based alternatives. PERC members said a union-related law had doubled their workload and asked for more staffing and possible AI assistance. OIR members stressed the need for a Tampa satellite office and more resources to recruit and retain specialized staff. The chair closed by saying the committee would continue reviewing travel, staffing, and reductions with an eye toward taxpayer value and transparency.
AL
Transcript Highlights:
- Aid became General Washington's trusted Aid became General Washington's trusted Aid and and and Protegé
- pass a general fund and education trust pass a general fund and education trust fund budget by law and
- Fund is our children's uh First Trust Fund is our children's uh First Trust Fund and um we're going
- fund for uh of from the children's trust fund for uh of from the children's trust fund for the fiscal
- fund Debt Service Senior Services trust fund Debt Service Senior Services trust fund Alabama Alabama
Keywords:
property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment
MN
Minnesota 2025 1st Special Session
Committee on Judiciary and Public Safety - 03/24/25
Judiciary and Public Safety
Transcript Highlights:
- So the ag retailers and co-ops are the trusted advisers and the crop input suppliers for farmers.
- So the ag retailers and co-ops are the trusted advisers and the crop input suppliers for farmers.
- or estate or serves as a trustee for the trust or the estate.
- of the beneficial interests of a trust of the beneficial interests of a trust or<01:30:40.719>
trust or the estate. trust or the estate. uh<01:30:44.800>emergency <01:30:45.639>powers
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Children, Families and Persons with Disabilities Jun 21st, 2026 at 01:00 pm
Joint Committee on Children, Families and Persons with Disabilities
Transcript Highlights:
- In previously when the trust fund existed, were there any private donations made?
- Oh, in previously when the trust fund existed, were there any private donations made?
- By codifying HIP into law and reestablishing the trust fund, we will create a stable, permanent program
- This program builds trust across the difference, and I think we need more of that.
- Trust in the program is another piece of this, and it takes more time than that return to $40.
Summary:
The House Committee on Children and Families held a hybrid hearing on a broad set of anti-hunger, family support, and basic-needs bills. Early testimony focused on SNAP and DTA operations: Rep. DeRosa and others urged passage of H. 196/S. 167 to require DTA to identify staffing, technology, funding, and operational needs to improve timeliness and customer service, warning that unanswered calls, delayed recertifications, and federal changes could sharply raise state costs through higher SNAP administrative burdens and payment-error penalties. Speakers from Massachusetts Law Reform Institute and Project Bread said DTA is under-resourced, caseloads have grown, and families are being denied or delayed due to phone and paperwork barriers. Another major SNAP-related bill, H. 254/S. 147, would require the Commonwealth to replace stolen EBT/SNAP benefits; testimony described more than $13 million stolen from about 27,000 households since June 2022 and argued families should not bear losses from organized theft rings.
The committee also heard strong support for H. 207/S. 117, which would restore state-funded nutrition assistance for legally present immigrants excluded from federal SNAP under recent federal changes. Advocates from Project Bread, the Massachusetts Law Reform Institute, local immigrant services, and public health groups said the federal cuts would leave thousands of residents, including refugees, asylum seekers, trafficking survivors, and children, without food support, and argued Massachusetts has a history of filling this gap. Testimony also supported H. 222/S. 104 to make the Healthy Incentives Program permanent and year-round; supporters said HIP improves nutrition, boosts local farms and regional economies, and had already served more than 212,000 households in FY25. A related child-support bill, H. 201/S. 110, would increase the amount of child support passed through to TAFDC families and expand good-cause exemptions; witnesses said the change would put more money directly in families’ hands, reduce poverty, and better protect survivors of domestic violence and families with complicated co-parenting situations.
A large portion of the hearing was devoted to deep-poverty and diaper-related legislation. Supporters of H. 214/S. 118 said cash assistance grants have lost value over time and should be raised annually until they reach half of the federal poverty level; advocates from Children’s HealthWatch, Hopewell, the Lift Our Kids Coalition, and parents described the links between deep poverty, poor child health, family stress, and child welfare involvement. They argued that higher grants would help families meet basic needs, reduce hospitalizations and neglect reports, and provide stability amid federal cuts. Finally, multiple witnesses backed diaper legislation, including H. 220/S. 151 and related bills, to create a diaper benefits pilot and/or diaper allowance commission. Testimony from the National Diaper Bank Network, MassCAP, Children’s HealthWatch, local diaper banks, and parents said diaper need is widespread, affects parental employment and mental health, and can cause health problems for infants; a federally funded pilot in Massachusetts was cited as showing improved employment, financial stability, reduced stress, and fewer diaper rashes. No votes or final actions were taken during the hearing; the committee heard testimony and asked questions throughout.
CA
California 2025-2026 Regular Session
Senate Labor, Public Employment and Retirement Committee Jun 17th, 2026
Labor, Public Employment and Retirement
Transcript Highlights:
- AB 1576 makes necessary reforms to the Subsequent Injury Benefit Trust Fund.
- AB 1576 makes necessary reforms to the Subsequent Injury Benefit Trust Fund.
- The analysis does a great job of walking through the history of the Subsequent Injury Benefit Trust Fund
- This is a thoughtful and balanced measure that strengthens transparency, trust, and engagement in the
- Allowing more members of the bargaining unit to observe negotiations remotely builds meaningful trust
FL
Florida 2026 5th Special Session
Appropriations Feb 24th, 2026
Transcript Highlights:
- I completely trust and take your word on that.
- Senator, I completely trust and take your word on that.
- There are many families who fully comply in good faith, trusting the system, trusting the doctors, only
- And that's the erosion of public trust in public health.
- Without proper guidance, the long-term damage is the erosion of public trust.
Summary:
The committee first took up CS for SB 896 on school safety, which would expand the Guardian program to public postsecondary institutions, require active assailant response plans and threat management protocols, improve reporting and information sharing, and make it a felony to discharge a weapon within 1,000 feet of a campus. A late-file amendment by Senator Polsky was adopted to clarify that students who are also employees or faculty at a public postsecondary institution are not eligible for the Guardian program. The bill drew strong opposition from faculty, students, and gun-safety advocates who argued that more guns on campus would create confusion, weaken safety, and undermine campus police; supporters said trained guardians would improve deterrence and protection. After debate, the committee reported the bill favorably by a roll call vote.
The committee then considered SB 1690 on child care and early learning services, which updates child care laws, reduces some regulatory burdens, and expands the Florida Education Foundation’s authority to fundraise for early learning from birth through VPK. Members discussed oversight of the related direct-support organization and the removal of certain notice requirements, while supporters from Moms Rising and other advocates said the bill would help families access affordable, high-quality child care and support home-based providers. One opponent argued the bill added more government regulation, but the committee adopted the amendment and reported the bill favorably.
Next, the committee passed CS for SB 118, a narrow bill on non-ad valorem special assessments for recreational vehicle parks, clarifying how assessments are calculated for RV spaces and campsites. The bill received supportive comments from RV advocates and was reported favorably without controversy. The committee then took up CS for SB 1220, the Department of Transportation package, which included provisions on seaports and airports, personal delivery devices, autonomous vehicles, broadband and utility permitting, and advanced air mobility. Amendments were adopted that revised research institute membership, limited some delivery-device provisions, and clarified cruiser light rules for law enforcement; after questions about utility preemption and PDD safety, the bill was reported favorably.
Finally, the committee began hearing SB 1756 on medical freedom, which would require new vaccine educational materials, expand school-entry exemptions to include conscience-based objections, limit the Surgeon General’s emergency vaccination authority, and allow behind-the-counter ivermectin for adults with written information and liability protections. The bill drew extensive testimony from both supporters and opponents, with supporters emphasizing parental rights, informed consent, and vaccine injury concerns, and opponents warning about reduced immunization rates, public health risks, and the appropriateness of ivermectin provisions. The transcript ends during public testimony and debate on SB 1756, before final action on that bill is shown.
CA
California 2025-2026 Regular Session
Joint Hearing Assembly Military and Veterans Affairs and Senate Military and Veterans Affairs May 12th, 2025
Transcript Highlights:
- These are veterans supporting other veterans, building trust, providing culturally competent assistance
- County has shown what CVSOs can achieve when given the tools and trust to lead.
- It's about powerlessness, exploitation, and the erosion of trust in the very systems meant to deliver
- It's about powerlessness, exploitation, and the erosion of trust in the very systems meant to deliver
- It's about powerlessness, exploitation, and the erosion of trust in the very systems meant to deliver
Summary:
The joint informational hearing focused on the role of County Veterans Service Officers (CVSOs), CalVet’s support for them, and the growing problem of for-profit, unaccredited claims companies. Committee leaders and witnesses emphasized that CVSOs are often the first point of contact for veterans and their families, helping with disability claims, education benefits, survivor benefits, housing, health care, and other wraparound services. Testimony highlighted the return on investment from CVSO work, with witnesses citing hundreds of millions in new federal benefits secured for California veterans and arguing that current state funding is too low relative to the workload and need.
County representatives from Nevada, Los Angeles, and San Luis Obispo described local models of service. Los Angeles County highlighted a “no wrong door” approach, peer navigators, suicide review work, justice-involved veteran services, and homelessness coordination, while San Luis Obispo described rural outreach, mental health partnerships, and high suicide rates in its county. Nevada County stressed that smaller counties can be disadvantaged by workload-based formulas and that additional funding would expand access, especially in rural areas. Several witnesses said veterans often need more than claims help and should be connected to mental health, employment, food, and family supports.
Much of the discussion centered on predatory claims consultants, which witnesses said charge veterans for services that accredited CVSOs provide free. Members and witnesses described cases involving requests for VA and banking logins, misleading advertising, and contracts that can take a percentage of veterans’ benefits. Committee members expressed support for legislation to curb these practices and for increased funding for CVSOs, including the Legislature’s intent to fund 50% of county veterans’ services operations. A CalVet deputy secretary also testified that California’s accreditation and training system improves claim quality and appeal outcomes, and that CalVet works with CVSOs through training, district offices, and appeals representation.
NH
Transcript Highlights:
- funds out of the education trust fund. funds out of the education trust fund.
- What's the impact on the Education Trust Fund?
- What's the impact on the Education Trust Fund?
- Customer name Royce Trust. Customer name Royce Trust.
- property into of estate planning trust. property into of estate planning trust.
CA
California 2025-2026 Regular Session
Assembly Floor Session May 11th, 2026
California House Floor Meeting
Transcript Highlights:
- In fact, quite the contrary, we have grave concerns about the low levels of public trust and confidence
- ... ...protect elections and preserve public trust for our political infrastructure.
- Those are the people who are causing the lack of faith and trust in our elections and our democracy,
- California should be able to trust the quality of licensed medical practitioners and deserve the right
- California should be able to trust the quality of licensed medical practitioners and deserve the right
Summary:
The Assembly convened after initially lacking a quorum, completed the prayer and pledge, and then held a lengthy Asian American and Pacific Islander Heritage Month ceremony. Members from both parties and several caucuses spoke in support of HR 107, emphasizing AAPI contributions, resilience, and the need to oppose hate and discrimination. The resolution was adopted by voice vote, and the chamber then recognized 13 honorees for the 2026 observance, including community leaders, educators, advocates, business leaders, and cultural institutions.
After guest introductions, the Assembly took up the Daily File and passed a series of measures, including AB 2050 on HOA reserve funding, AB 2106 on lawsuits involving licensed design professionals, AB 1794 on direct home delivery of enteral formula, AB 1829 on CalWORKs-related student aid, AB 2038 extending wildfire insurance moratorium protections, AB 2281 on election cybersecurity, AB 2448 on protecting sensitive medical information, AB 2568 on water district board compensation, and AB 1658 on county public contract change-order authority. Most of these bills passed with broad support, though AB 2050, AB 2038, and AB 2448 drew some no votes.
The Assembly also adopted AJR 29, a resolution opposing a federal executive order affecting vote-by-mail and election administration, after a contentious floor debate over election trust, voter access, and decorum. Additional measures passed unanimously or near-unanimously, including AB 2125 on notice in water-rights adjudications, AB 2784 on State Bar fees, AB 1614 on e-bike passenger restrictions, AB 2503 on high school heat safety guidelines, AB 1703 on osteopathic title protections, AB 1920 on community college Promise eligibility, AB 1999 on veterinary workforce and animal shelter care, and ACR 123 recognizing Duan Wu Jie. The chamber then began consideration of ACR 189 designating May 2026 as Foster Youth Awareness Month, with supportive remarks from members, before the transcript cuts off.
MS
Mississippi 2026 Regular Session
MS Senate Floor - 24 March, 2026; 10:00 AM
Mississippi Senate Floor Meeting
Transcript Highlights:
- Once trust is lost, it is difficult, if not impossible, to regain.
- I trust the work of our chairman, Senator DeLano, who worked through this.
- I trust the work of Representative DeWeese, who worked diligently with this.
- I<00:25:47.600>
trust <00:25:47.960>the <00:25:48.040>work I trust the work I trust - And all I can ask of this body is to continue to trust me.
Summary:
The Senate convened with a quorum present, opened with an invocation and the Pledge of Allegiance, and then dispensed with the reading of the journal and committee report titles. The main business was a lengthy exchange over Senate Bill 2632, the local governments disaster recovery emergency loan program bill. The governor’s veto message argued that the enrolled bill had been materially altered after conference adoption, specifically over the interest-rate language, and called for an investigation. Senate leaders responded that the veto message was inaccurate, saying the word “monthly” had been removed earlier by unanimous consent to avoid an unintended 12% rate and that the bill was intended to provide disaster relief financing for local governments affected by Winter Storm Erin. Senators McCaughn and others defended the process, criticized the governor’s accusations as false and offensive, and emphasized that the legislation was meant to help struggling cities and counties with no interest until FEMA reimbursement, followed by a 1% rate.
After the veto discussion, Senator McCaughn moved to refer the bill back to the committee from which it began, and the motion carried. The Senate then moved through routine business, including introductions and recognition of guests. Visitors included the Mississippi Farm Bureau Federation Peanut Committee, the Mississippi School for the Deaf and Blind, the doctor of the day, and an NCSL representative, along with a National Ag Day milking champions presentation and a large group of junior pages.
The chamber also honored the Starkville Oktibbeha County School District’s varsity boys and girls basketball teams. Senate Resolutions 64 and 65 were called up to commend the Starkville High School girls and boys teams for winning the 2026 Class 7A state championships, and both coaches addressed the Senate briefly to thank members for the recognition.
MN
Minnesota 2025 1st Special Session
Legislation to combat chronic school absenteeism, HF2067, is sent to House Floor 3/25/25
Minnesota House Floor Meeting
Transcript Highlights:
- It's really just trusting that our principals know their staffing situations best, rather than being
- 00:03:01.519>
it's <00:03:01.640>really <00:03:01.840>just <00:03:01.959>trusting - <00:03:02.280>
that <00:03:02.400>our chair it's really just trusting that our chair - it's really just trusting that our principes<00:03:02.959>
know <00:03:03.159>their <00 - more direct engagement, offering best practice and guidance around building that adult and student trust
MN
Minnesota 2025-2026 Regular Session
MN House passes HF2432, the judiciary, public safety, and corrections policy & finance bill. 4/25/25
Minnesota House Floor Meeting
Transcript Highlights:
- We have to work together to get a budget enacted, which means we have to trust each other.
- We have to work together to get a budget enacted, which means we have to trust each other.
- enacted which means we have to trust enacted which means we have to trust each<00:41:27.359>
- That they trust. That intentional misrepresentation will be called the truth.
- <01:54:53.679>
and important that they build trust and important that they build trust and
NH
New Hampshire 2026 Regular Session
House Health, Human Services and Elderly Affairs (01/14/2026)
Health, Human Services and Elderly Affairs
Transcript Highlights:
- Transparency builds trust.
- When parents Transparency builds trust.
- <03:42:06.960>
fund may leave room to ensure the trust fund may leave room to ensure the trust - a perfect example of where this trust a perfect example of where this trust fund<03:48:37.199>
- Um that is not my charitable trusts.
MN
Minnesota 2025-2026 Regular Session
Minnesota House passes bill to fund enhanced security at State Capitol, courtrooms 5/6/26
Minnesota House Floor Meeting
Transcript Highlights:
- that we can breathe the sort of trust that we can breathe the sort of trust that<00:26:30.720>
restore public trust restore public trust to<00:26:50.400>restore to restore to restore - You said that this amendment restores the public trust, and again it does not restore the public trust
- >
to it does not restore the public trust to it does not restore the public trust to remove<00 - to restore public trust. to restore public trust.
Summary:
The House took up Senate File 3432, a public safety bill focused on removing identifying equipment and insignia from emergency vehicles sold to the public, and first adopted a House language amendment to bring the Senate file into the House form. Representative Mhler and co-chair Noatne described the bill as part of a broader security package covering judicial security and courthouse grants, Capitol grounds screening and security hardware, short-term protection for legislators facing credible threats, reimbursement for Department of Public Safety costs, and additional BCA analysts and investigators to examine threats statewide. They emphasized that the measures were intended to protect not only legislators but also staff, visitors, and the public, and the amendment was adopted by voice vote.
Representative Schultz then offered an amendment to expand Capitol grounds protections by making destruction of permitted displays on the grounds automatically count as felony-level property damage. He argued that current enforcement is inconsistent and that the change would better protect First Amendment displays and ensure accountability. Schultz later withdrew that amendment after discussion.
Schultz next offered another amendment aimed at school safety, proposing an increase in safe schools revenue and extending funding to charter, nonpublic, and tribal schools. He said the money could support school resource officers, mental health staff, counselors, and building security improvements, and argued that school safety should be prioritized alongside Capitol security. A point of order was raised that the amendment was not germane because it introduced a new subject and education funding; the Speaker agreed, ruled the point of order well taken, and the ruling was appealed, prompting a roll call. Representative Long supported the ruling, saying the amendment belonged in a different bill and committee, while Schultz argued the chamber should still address school safety. The transcript ends during the appeal process.
AZ
Transcript Highlights:
- It undermines transparency and can erode community trust.
- It offers the three T's: trust, taxes, and taking.
- A key job in the State Land Trust is to generate funds for education.
- However, this bill deals with state lands, which are held in state trust, public trust, for the beneficiaries
- of the trust.
Summary:
The House convened with prayer, the Pledge of Allegiance, approval of the journal, and a series of guest introductions and proclamations, including a proclamation designating March as International Women’s Celebration Month. Members also recognized guests from several school districts and the Arizona Future Farmers of America. The chamber then moved through first readings and procedural motions, including reconsideration of HB 2169 and referral of bills to additional Committee of the Whole sessions.
In the first Committee of the Whole, the House considered HB 2100 and HB 2103, both receiving technical floor amendments and due-pass recommendations. The chamber then took up HB 2048, HB 2364, HB 2415, HB 2775, HB 2833, HB 2862, HB 2870, HB 2995, and HB 4067. HB 2775 drew extended debate over whether Arizona should prohibit state and local enforcement of policies from international organizations such as the WHO, UN, ICC, IMF, WEF, and NATO; supporters framed it as a sovereignty measure, while opponents warned it was overly broad and could cut off useful best practices. HB 2833 focused on private-school student safety and mandatory reporting, with some members urging broader Title 15 coverage for private schools and others warning against regulating private schools further.
HB 2862, which addressed law-enforcement facial coverings, was amended after debate and a division vote on a substitute amendment; the substitute passed 29-20, and the bill then received a due-pass recommendation. HB 2995, the “Alex and Lydia Act,” addressed domestic violence and coercive control in family-court-related contexts and also received a due-pass recommendation. HB 4067, requested by county recorders, added voter-status categories to electronic poll books; supporters said it would help election administration, while opponents argued it could create an unfunded mandate and burden or confuse voters. The Committee of the Whole report was adopted, with one later motion to alter the HB 2862 report failing 20-30.
In the Education Committee portion, HB 2040 passed easily, while HB 2093 sparked substantial debate over whether to repeal statutory requirements for mental health instruction in K-12 health education. Supporters said schools should focus on academics and that mental health care belongs with licensed professionals and parents; opponents argued the bill would remove life-saving instruction and support for students. HB 2313, dealing with educator work stoppages and political protests, also passed after debate over whether it would unfairly punish teachers and chill advocacy. HB 2423 passed with an amendment that trimmed reporting requirements, and HB 2478 advanced after a substitute amendment was defeated, the committee amendment was adopted, and an appropriations amendment was withdrawn. The session ended with the House continuing through the calendar after these due-pass recommendations.
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/10/2025)
Transcript Highlights:
- this is the general and education trust this is the general and education trust fund<03:26:01.960
- Anything above a dollar goes to the education trust fund.
- Trust Fund. Real estate transfer tax is split 2/3 to the General Fund, 1/3 to the AG? Trust Fund.
- <04:52:00.798>
their able to are you going to trust their able to are you going to trust their - ahead the answer is I'm going to trust ahead the answer is I'm going to trust what<04:52:09.798>
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.
FL
Florida 2026 5th Special Session
Senate in Special Session F Jun 1st, 2026
Florida Senate Floor Meeting
Transcript Highlights:
- by counties and municipalities, to provide an effective date, and to provide for the creation of a trust
- levied by counties and municipalities to provide an effective date and to provide for the creation of a trust
- It's... ...beach delegations, and thank you, Vicki and Bob, for being such fierce advocates and trusted
- Thank you to my political team and advisors, who have been brilliant strategists, trusted sounding boards
Summary:
The Senate convened in special session with a quorum present, opened with prayer and the Pledge of Allegiance, and then read the Governor’s proclamation calling the session. The special session was called to consider property tax-related legislation, including a proposed constitutional amendment affecting assessment caps, homestead exemptions, and limits on county and municipal ad valorem taxes, along with related implementing measures such as ballot language, taxpayer notices, supermajority requirements for tax increases above the rolled-back rate, and a public website showing estimated savings for homestead properties.
The bills filed within the call were read for the first time: Senate Joint Resolution 2F by Senator Avila and Senate Bill 4F by Senator Avila, both referred to Appropriations. The Rules Chair announced the Appropriations Committee would meet later that day, and the Senate adopted motions to waive rules and place both measures on the special order calendar for Tuesday, June 2, with an amendment deadline one hour before convening. The Senate also adopted a motion sending any bills filed outside the call to the Rules Committee for review.
The chamber then heard farewell remarks from Senators Hooper and Polsky, who reflected on their service and thanked colleagues, staff, and constituents. Senator Hooper emphasized respect and kindness in public service, while Senator Polsky thanked local officials, staff, caucus members, and family, and noted the importance of bipartisan work. The Senate adjourned until 9:00 a.m. on Tuesday, June 2, or upon the President’s call.
FL
Transcript Highlights:
- by counties and municipalities, to provide an effective date, and to provide for the creation of a trust
- levied by counties and municipalities to provide an effective date and to provide for the creation of a trust
- Broward and Palm Beach delegations, and thank you, Vicki and Bob, for being such fierce advocates and trusted
- Thank you to my political team and advisors, who have been brilliant strategists, trusted sounding boards
Summary:
The Senate convened in special session with a quorum present, opened with prayer and the Pledge of Allegiance, and then read the governor’s proclamation calling the session. The proclamation said the special session was for property tax relief measures, including a proposed constitutional amendment affecting assessment caps, homestead exemptions, and local ad valorem tax limits, along with related implementing legislation on ballot language, taxpayer notices, supermajority voting requirements for tax increases, and a public website showing estimated savings.
The secretary read the bills filed within the call: Senate Joint Resolution 2F by Senator Avila, proposing constitutional amendments to Article 7 and Article 12 to revise annual assessment limits, increase the homestead exemption, limit county and municipal ad valorem taxes, and create a trust fund; and Senate Bill 4F by Senator Avila, relating to property tax administration. Both were referred to Appropriations. The Rules Chair announced the Appropriations Committee would meet later that day, and the Senate adopted motions to waive rules, place SJR 2F and SB 4F on the special order calendar for June 2 with an amendment deadline one hour before convening, establish the special order calendar for the rest of special session by website publication and announcement, and send any bills filed outside the call to Rules for review.
The chamber then heard farewell remarks from Senators Hooper and Polsky, who were leaving the Senate. Hooper reflected on his long public service and said he hoped to be remembered for treating others with respect and kindness. Polsky thanked constituents, staff, colleagues, and family, and spoke about his years representing communities in South Florida. The Senate then adjourned until 9:00 a.m. the next day, or upon the President’s call, for committee meetings and other business.