Transcript Highlights:

• revenues are going down.
• </c> this wrong it looks like your revenues this wrong it looks like your revenues are<00:06:02.039><
• Is that gross revenue or net?
• Sure, it's actually gross revenue, but in some cases, like for scratch tickets, this is gross revenue
• revenue of more like 400?

Keywords: 928, house, all

Summary: The committee heard a budget presentation from New Hampshire Lottery Director Charlie McIntyre and CFO Jim Durus. McIntyre said the Lottery has more than tripled its return to the Education Trust Fund since 2011, from $62 million to $207 million in FY 24, while keeping expenses relatively flat over time. He explained that the Lottery operates like a business, is heavily audited, and that the governor’s budget raises the FY 26-27 revenue estimate to $185 million, up about $12 million annually from prior estimates. He attributed FY 24’s unusually strong results to record Powerball sales driven by a spike in billion-dollar jackpots tied to higher interest rates, and said scratch tickets still make up most gross sales, though Powerball is the highest-margin product. Members questioned the Lottery about the difference between gross revenue and profit, the steep rise in operating expenses, and the reasons for requested budget increases. McIntyre said the main drivers were payroll, benefits, advertising, added regulatory responsibilities from expanded gaming, and a new Salesforce customer-tracking system. He also described requested capital needs, including an outdated security system, building access and ADA improvements, and upgrades to the front office for employee safety. He said the security system is still running on an old Windows 7-based setup and that the requested upgrade would modernize cameras and add redundancy. The discussion also covered staffing and gaming expansion. McIntyre said the Lottery has 84 employees including three commissioners, with 13 funded vacancies, and that it plans to fill positions as two new gaming rooms come online in Rochester and Derry. He said the Lottery’s revenue estimates were revised upward because sports betting in Massachusetts had less impact than expected and historic horse racing machines have been more profitable than forecast. He also explained the governor’s proposal to shift historic horse racing toward slot-style machines, saying the physical machines would look largely the same but the content and math would change, and that the state’s revenue share would increase under the proposal. No votes were taken; the committee mainly asked questions and received explanations about the Lottery’s budget and revenue assumptions.

Transcript Highlights:

• We have revenue estimates from, or not revenue estimates, fee thing information from Safety.
• </c> we were discussing in um the revenue we were discussing in um the revenue committee<00:35:30.000
• It needs the revenue.
• by your Revenue 367 account are driven by your Revenue estimates<00:48:48.200><c> so</c><00:48:49.040
• </c><01:08:19.679><c> of</c> that uh House Bill 563 calculation of that uh House Bill 563 calculation

Keywords: 1189, house, all

Summary: The Finance Division II work session focused on organizing the committee’s remaining budget work and reviewing a set of recommended changes to House Bills 1 and 2. Mr. Landrian explained the committee’s tracking sheets and draft amendment package, noted that the division was being asked to find roughly $200 million in reductions, and said the governor’s lottery proposal in House Bill 2 could help offset part of that target. Members also discussed how revenue estimates tied to fee changes would be handled, with the chair saying the committee could seek Ways and Means input but would ultimately decide the estimates itself. The committee then considered four mostly technical amendments to House Bill 2. It voted unanimously to delete Section 81, which duplicated CCSNH dual and concurrent enrollment language already moving in House Bill 192; to delete Sections 143 and 144, which duplicated police standards and training extra-duty language already in House Bill 778; to adopt a correction to Section 151 that removed an inadvertently repeated sentence; and to delete Section 178 because the same Lottery Commission language already appears in House Bill 1. The committee also agreed to approve Section 4 of House Bill 1, the Lottery Commission boilerplate language, while deferring action on Section 2 of House Bill 1 until the university and community college budget is settled. A substantial portion of the meeting was spent planning upcoming work sessions and discussing possible revenue measures. The committee planned to invite Fish and Game on Monday to review a large set of follow-up materials and to discuss a possible amendment requiring hunters and trappers to pay the license fee before taking free training classes, with a second chance to retake the class if needed. Members also discussed possible fee adjustments for Safety and Fish and Game, including using dedicated-fund fees to reduce reliance on general funds and help stabilize the Highway Fund and Fish and Game Fund. The chair emphasized that all actions were recommendations until the committee’s final deadline and encouraged members to review draft language carefully before voting.

Transcript Highlights:

• And I don't know if we have the calculation, how the calculation is done, and that might be a really
• The cap calculations last year, The cap calculations last year was the first year, as you know.
• The property tax relief calculation comes from two numbers.
• Okay, so this is our main tax statement calculation menu.
• And then we have three calculated tax values. And then four rolls all. Calculate the tax values.

Summary: The subcommittee of the Tax Reform and Relief Committee met to begin its study of the feasibility and desirability of revising the content of the real estate tax statement to improve property tax transparency. Legislative Council staff reviewed the study directive under House Bill 1176 and the statutory requirements for tax statements, including required line items such as true and full value, mill levy, legislative tax relief, primary residence credit, and the Legacy Fund portion of that credit. The Tax Department then explained how the current uniform statement is prescribed and approved, and noted that changes are typically driven by statute and implemented collaboratively with counties and vendors. County officials from the North Dakota Association of Counties described the full annual tax cycle, from county budgeting and valuation notices to budget hearing notices, levy certification, cap calculations, and final tax statement mailing. They emphasized that counties and auditors do extensive coordination with taxing districts and neighboring counties, and that the process is labor-intensive and often manual. Members discussed the limited public response to budget notices and tax statements, the difficulty of explaining the legislative tax relief line, the 3% cap and valuation issues, and whether more frequent assessments or different timing would improve understanding. Several members and witnesses noted that many taxpayers only engage when they receive their final bill, and that clarity may be more important than adding more detail. NDACO also presented a rough cost survey from eight counties, estimating an average tax statement cost of about 74 cents and a statewide total near $600,000 for printing and mailing tax statements alone, with outsourcing generally cheaper than in-house printing. Witnesses noted that House Bill 1176 added other mailings and notices, increasing county workload and cost beyond the statement itself. The committee then heard from software vendors, who explained how their systems handle tax billing, budget notices, valuation notices, primary residence credit processing, and tax levy calculations, and they identified the 1600/1685 primary residence credit and discount interaction as a current programming challenge. No votes were taken; the meeting was informational and focused on gathering testimony and identifying issues for possible future recommendations or bill drafts.

Transcript Highlights:

• , if that helps to clarify that situation. ...that would be calculated into the total cost of the project
• It's based on state revenue formula. Sure, I'm going to defer here.
• Chairman, committee, it's based on a state revenue formula that the State Tax Commission comes out of
• So based on whatever the state revenue is, we get a portion of that after everything else gets taken
• It's based on a total, once they figure out exactly what the total state revenues are.

Committee: House Education

Keywords: 989, all

Transcript Highlights:

• provide for the administration of the ABLE Account Program, Louisiana Student Tuition Assistance and Revenue
• Tuition Assistance and Revenue Trust Program. Senator Mazzell.
• to access the same state return information already maintained and utilized by the Department of Revenue

Bills: SCR12 , HB1259 , HB221 , HB509 , HCR117 , HCR58 , SCR29 , SCR33 , SB295 , SB312 , SB326 , SB348 , SB485 , SCR9 , SCR58 , SB35 , SB65 , SB215 , SB246 , SB249 , SB269 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB490 , SB492 , SB500 , SB514 , HCR32 , HCR5 , HCR95 , HB75 , HB198 , HB244 , HB302 , HB325 , HB623 , HB719 , HB749 , HB755 , HB761 , HB797 , HB823 , HB1028 , HB1049 , HB1194 , HB1199 , HB1201 , HB1222 , HB17 , HB27 , HB36 , HB41 , HB73 , HB140 , HB166 , HB181 , HB211 , HB223 , HB226 , HB271 , HB308 , HB337 , HB399 , HB410 , HB487 , HB690 , HB712 , HB730 , HB750 , HB759 , HB762 , HB775 , HB906 , HB966 , HB968 , HB1006 , HB1009 , HB1018 , HB1036 , HB1062 , HB1081 , HB1086 , HB1098 , HB1107 , HB1112 , HB1203 , HB1215 , HB1220 , HB1242 , HB1252 , HB1256 , SB208 , SB217 , SB274 , SB283 , SB300 , SB341 , SB382 , SB387 , SB389 , SB401 , SB408 , SB449 , SB469 , HB74 , HB119 , HB134 , HB368 , HB414 , HB552 , HB732 , HB776 , HB848 , HB870 , HB953 , HB956 , HB1117 , HB1236 , SB29 , SB42 , SB43 , SB78 , SB149 , SB441 , HB210 , HB258 , HB359 , HB468 , HB784

Keywords: logging, recognition, John Keith, environment, safety, HB1259, mask penalty, masked felony, face covering, conceal identity, evade identification, sentencing enhancement, enhanced penalty, felony sentencing, crime deterrence, public safety, Louisiana criminal law, R.S. 14:313.2, R.S. 14:313, R.S. 14:329.7

Summary: The Senate convened with 26 members present, heard a prayer from Dr. Steve Horn, and recited the pledge. The chamber then handled messages from the House, including concurrence in SCR 83 and appointment of conference committee members on several disagreements. A number of Senate resolutions were introduced or adopted, mostly creating study task forces or commending individuals and organizations, including resolutions on energy infrastructure, breast pump access, insurance coverage for auto repairs, biomarker testing, higher education funding, public-private partnership contracting, and various commendations. Several resolutions were adopted without objection, while others were returned to the calendar or concurred in by recorded vote, including SCR 29 and SCR 33 with House amendments. The Senate also considered House and Senate bills and resolutions returned from the House, with many measures adopted or concurred in. Notable actions included concurrence in HCR 117 on homeowner insurance claims processes, adoption of HCR 5 on special red drum harvest permits, and passage of bills on TOPS Tech eligibility (HB 325), vapor product permitting (HB 623), ABLE/Tuition Trust administration (HB 749), design services contracting (HB 755), rare cancer advisory board composition (HB 761), non-emergency medical transportation reimbursement (HB 1028), public meeting notices (HB 1049), healthy food retail financing (HB 1194), genetic testing coverage for SCN2A disorders (HB 1199), grocery initiative grants (HB 1222, which failed), and a constitutional amendment on retirement debt repayment order (HB 27). The chamber also adopted HCR 95, creating a joint rule requiring a fiscal review of certain tax measures for sales and use tax uniformity. Several measures drew extended debate. HB 181, which would allow the legislative auditor access to Medicaid and SNAP-related tax information for eligibility verification and fraud review, prompted concerns about privacy and scope but ultimately passed 26-8. HB 1220 on the State Board of Medical Examiners generated amendment discussion about board composition and transparency, including live video broadcasting of meetings, but was returned to the calendar before final action. HB 1018, creating a temporary local moratorium on certain alcohol permits in one Shreveport district, passed after discussion about broader policy solutions. The Senate then recessed for lunch at 2 p.m. after completing the subject-to-call list for the morning session.

Transcript Highlights:

• provide for the administration of the ABLE Account Program, Louisiana Student Tuition Assistance and Revenue
• Tuition Assistance and Revenue Trust Program.
• to access the same state return information already maintained and utilized by the Department of Revenue

Bills: SCR12 , HB1259 , HB221 , HB509 , HCR117 , HCR58 , SCR29 , SCR33 , SB295 , SB312 , SB326 , SB348 , SB485 , SCR9 , SCR58 , SB35 , SB65 , SB215 , SB246 , SB249 , SB269 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB490 , SB492 , SB500 , SB514 , HCR32 , HCR5 , HCR95 , HB75 , HB198 , HB244 , HB302 , HB325 , HB623 , HB719 , HB749 , HB755 , HB761 , HB797 , HB823 , HB1028 , HB1049 , HB1194 , HB1199 , HB1201 , HB1222 , HB17 , HB27 , HB36 , HB41 , HB73 , HB140 , HB166 , HB181 , HB211 , HB223 , HB226 , HB271 , HB308 , HB337 , HB399 , HB410 , HB487 , HB690 , HB712 , HB730 , HB750 , HB759 , HB762 , HB775 , HB906 , HB966 , HB968 , HB1006 , HB1009 , HB1018 , HB1036 , HB1062 , HB1081 , HB1086 , HB1098 , HB1107 , HB1112 , HB1203 , HB1215 , HB1220 , HB1242 , HB1252 , HB1256 , SB208 , SB217 , SB274 , SB283 , SB300 , SB341 , SB382 , SB387 , SB389 , SB401 , SB408 , SB449 , SB469 , HB74 , HB119 , HB134 , HB368 , HB414 , HB552 , HB732 , HB776 , HB848 , HB870 , HB953 , HB956 , HB1117 , HB1236 , SB29 , SB42 , SB43 , SB78 , SB149 , SB441 , HB210 , HB258 , HB359 , HB468 , HB784

Keywords: logging, recognition, John Keith, environment, safety, HB1259, mask penalty, masked felony, face covering, conceal identity, evade identification, sentencing enhancement, enhanced penalty, felony sentencing, crime deterrence, public safety, Louisiana criminal law, R.S. 14:313.2, R.S. 14:313, R.S. 14:329.7

Transcript Highlights:

• The funds raised will be deposited into the state's general revenue. Mr.
• Municipalities within Bell, Coryell, and Lampasas counties that lost ad valorem tax revenue equal to
• or greater than one percent. 10% or more of the local government's general revenue fund would qualify

Bills: SB203 , SB317 , SB397 , SB511 , SB524 , SB731 , SB781 , SB801 , SB867 , SB1071 , SB1087 , SB1232 , SB1444 , SB1483 , SB1782 , SB1798 , SB1861 , SB1944 , SB2082 , SB2233 , SB2309 , SB2363 , SB2497 , SB2549 , SB2566 , SB2603 , SB2607 , SB2617 , SB2688 , SB2717 , SB2797 , SB2841 , SB2919 , SB2928 , SB2969 , SB3063 , HB12 , HB26 , HB33 , HB34 , HB45 , HB48 , HB130 , HB148 , HB198 , HB431 , HB647 , HB668 , HB677 , HB748 , HB754 , HB791 , HB1022 , HB1193 , HB1240 , HB1242 , HB1318 , HB1397 , HB1520 , HB1584 , HB1729 , HB1922 , HB1950 , HB2003 , HB2027 , HB2029 , HB2254 , HB2350 , HB2559 , HB2607 , HB2663 , HB2712 , HB2768 , HB2775 , HB2788 , HB2789 , HB2802 , HB2894 , HB2960 , HB3033 , HB3041 , HB3126 , HB3228 , HB3229 , HB3474 , HB3560 , HB3594 , HB3611 , HB3698 , HB3699 , HB3700 , HB3805 , HB4187 , HB4219 , HB4238 , HB4344 , HB4384 , HB4739 , HB4753 , HB4804 , HB4850 , HB4885 , HB5560 , HCR90 , SJR34 , SB529 , SB541 , SB693 , SB963 , SB1173 , SB1241 , SB1383 , SB1559 , SB1646 , SB1734 , SB1833 , SB1883 , SB1968 , SB2544 , SB1 , SB17 , SB260 , SB509 , SB1506 , SB1637 , SB2308 , SJR36 , SJR50 , SJR63 , SJR60 , SCR12 , SCR39 , SB2023 , SB2309 , SB1861 , SB2617 , SB62 , SB666 , SB847 , SB284 , SB854 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB511 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB1200 , SB1845 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB2797 , SB2076 , SB2876 , SB1640 , SB1449 , SB1181 , SB1234 , SB2926 , SB2841 , SB1528 , SB1854 , SB317 , SB1250 , SB2082 , SB1237 , SB2819 , SB629 , SB2608 , SB1602 , SB2009 , SB867 , SB640 , SB1698 , SB2680 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB2334 , SB1367 , SB2044 , SB2363 , SB2565 , SB1888 , SB3036 , SB3057 , SB3043 , SB3063 , SB3035 , SB203 , SB2688 , SB2522 , SB2459 , SB2655 , SB2251 , SB1884 , SB2928 , SB2566 , SB1749 , SB2549 , SB2553 , SB2919 , SB1782 , SB1944 , SB1232 , SB2969 , SB2497 , SB1798 , SB2603 , SB2607 , SB781 , SB524 , SB2233 , SB2683 , SB1319 , SB1978 , SB3038 , SB3045 , SB1633 , SB1538 , SB719 , SB3071 , HB1393 , HB2559 , HB26 , HB2607 , HB3810 , HB388 , HB12 , HB2712 , HB1633 , HB1318 , HB685 , HB4753 , HB198 , HB762 , HB148 , HB1520 , HB2286 , HB1606 , HB132 , HB45 , HB48 , HB33 , HB1022 , HB1458 , HB5560 , HB1240 , HB1950 , HB2027 , HB2768 , HB2788 , HB2791 , HB3146 , HB3698 , HB3699 , HB1893 , HB3700 , HB4850 , HB4187 , HB1397 , HB4885 , HB4804 , HB3751 , HB3611 , HB2775 , HB2061 , HB2003 , HB1729 , HB1242 , HB791 , HB2029 , HB647 , HB2522 , HB4738 , HB3033 , HB3594 , HB3474 , HB2563 , HB2802 , HB34 , HB128 , HB130 , HB581 , HB668 , HB677 , HB766 , HB2259 , HB2960 , HB2358 , HB2894 , HB4384 , HB2663 , HB748 , HB793 , HB1193 , HB1734 , HB2340 , HB2350 , HB3104 , HB5180 , HB4739 , HB1584 , HB4344 , HB4238 , HB4219 , HB3806 , HB3805 , HB3804 , HB3803 , HB3229 , HB3228 , HB1922 , HB1522 , HB431 , HB3597 , HB1612 , HB4224 , HB754 , HB1314 , HB2254 , HB2789 , HB3560 , HB4643 , HB1237 , HB3126 , HB2856 , HB3114 , HB3041 , HB3505 , HB4205 , HB5652 , HB3687 , HB5424 , HB4506 , HB3370 , HB2025 , HB4273 , HB3395 , HB3376 , HB2733 , HB2495 , HB4325 , HB2071 , HB2510 , HB138 , HB18 , HB107 , HB694 , HB923 , HB1639 , HB1700 , HB2187 , HB3211 , HB4529 , HB4655 , HB5342 , HB2516 , HB4783 , HB1894 , HB1965 , HB102 , HB300 , HB1875 , HB2513 , HB2713 , HB39 , HB114 , HB24 , HB3088 , HB4163 , HB3479 , HB2842 , HB519 , HB609 , HB1275 , HB1592 , HB3348 , HCR90 , HCR98 , SB524 , SB781 , SB1782 , SB2497 , SB2969 , HB12 , HB33 , HB34 , HB45 , HB48 , HB130 , HB148 , HB198 , HB431 , HB668 , HB677 , HB754 , HB791 , HB1022 , HB1193 , HB1242 , HB1318 , HB1520 , HB1729 , HB1922 , HB1950 , HB2003 , HB2027 , HB2029 , HB2559 , HB2607 , HB2663 , HB2768 , HB2775 , HB2789 , HB2802 , HB2894 , HB2960 , HB3041 , HB3228 , HB3229 , HB3474 , HB3560 , HB3594 , HB3611 , HB3698 , HB3699 , HB3700 , HB3805 , HB4238 , HB4344 , HB4739 , HB4804 , HB4885 , HB5560 , SB1861 , SB2309 , SB2617 , SB511 , SR545 , HJR47 , HB75 , HB108 , HB111 , HB521 , HB1052 , HB1249 , HB1373 , HB1403 , HB1449 , HB1586 , HB1629 , HB1646 , HB1794 , HB1820 , HB1831 , HB1845 , HB1939 , HB1960 , HB1991 , HB2014 , HB2080 , HB2136 , HB2159 , HB2293 , HB2313 , HB2399 , HB2512 , HB2581 , HB2593 , HB2621 , HB2638 , HB2655 , HB2658 , HB2694 , HB2731 , HB2757 , HB2803 , HB2807 , HB2814 , HB2844 , HB2999 , HB3053 , HB3142 , HB3171 , HB3234 , HB3254 , HB3320 , HB3349 , HB3405 , HB3420 , HB3463 , HB3516 , HB3520 , HB3631 , HB3679 , HB3680 , HB3694 , HB3722 , HB3732 , HB3749 , HB3793 , HB3833 , HB3928 , HB3977 , HB4014 , HB4042 , HB4076 , HB4099 , HB4105 , HB4112 , HB4158 , HB4204 , HB4207 , HB4234 , HB4449 , HB4454 , HB4520 , HB4535 , HB4559 , HB4582 , HB4630 , HB4669 , HB4748 , HB4795 , HB4847 , HB4848 , HB4916 , HB4924 , HB5093 , HB5302 , HB5509 , HB5624 , HB5627 , HB5629 , HB5632 , HB5639 , HB5664 , HB5693 , HB5698 , HB2851 , HB5154 , HB5339 , HJR47 , HB75 , HB108 , HB111 , HB521 , HB1052 , HB1249 , HB1373 , HB1403 , HB1449 , HB1586 , HB1629 , HB1646 , HB1794 , HB1820 , HB1831 , HB1845 , HB1939 , HB1960 , HB1991 , HB2014 , HB2080 , HB2136 , HB2159 , HB2293 , HB2313 , HB2399 , HB2512 , HB2581 , HB2593 , HB2621 , HB2638 , HB2655 , HB2658 , HB2694 , HB2731 , HB2757 , HB2803 , HB2807 , HB2814 , HB2844 , HB2999 , HB3053 , HB3142 , HB3171 , HB3234 , HB3254 , HB3320 , HB3349 , HB3405 , HB3420 , HB3463 , HB3516 , HB3520 , HB3631 , HB3679 , HB3680 , HB3694 , HB3722 , HB3732 , HB3749 , HB3793 , HB3833 , HB3928 , HB3977 , HB4014 , HB4042 , HB4076 , HB4099 , HB4105 , HB4112 , HB4158 , HB4204 , HB4207 , HB4234 , HB4449 , HB4454 , HB4520 , HB4535 , HB4559 , HB4582 , HB4630 , HB4669 , HB4748 , HB4795 , HB4847 , HB4848 , HB4916 , HB4924 , HB5093 , HB5302 , HB5509 , HB5624 , HB5627 , HB5629 , HB5632 , HB5639 , HB5664 , HB5693 , HB5698 , HB2851 , HB5154 , HB5339

Keywords: student privacy, numerical class rank, education policy, academic programs, high school, monuments, memorials, public property, historical significance, civil penalties, local governance, SB 397, telemedicine, telehealth, teledentistry, remote care, virtual care, consent documentation, patient consent, data collection

Transcript Highlights:

• </c><00:25:01.600><c> It</c> it it would be revenue neutral. It it it would be revenue neutral.
• </c> that are used for retirement calculation that are used for retirement calculation purposes<01:47
• For TRS retirement calculation purposes.
• </c><01:48:07.400><c> But</c><01:48:08.000><c> on</c> retirement calculation purposes.
• But on retirement calculation purposes.

Keywords: Meeting Start: 00:00:00 Attendance Roll Call: 00:00:12 Approval of Minutes: 00:01:34 Actuarial Valuation Update – KPPA: 00:02:10 Actuarial Valuation Update – TRS: 00:25:32, 958, all

Summary: The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side. Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act. The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes. At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.

Transcript Highlights:

• individual household's affordability calculation, which is 30% of the area median income.
• </c><01:02:50.440><c> using</c><01:02:50.720><c> a</c> increases is calculated using a increases is calculated
• So, regarding the AMI calculation, that calculation is done by HUD, the Federal Department of Housing
• </c> um so regarding the the Ami calculation um so regarding the the Ami calculation that<01:20:45.920
• </c><01:20:53.199><c> Ami</c><01:20:54.199><c> um</c> they calculate Ami um they calculate Ami um regionally

Committee: Senate Housing and Homelessness Prevention

Keywords: 1187, senate, all

Transcript Highlights:

• the revenue that these insurance companies achieve.
• It says let's make the revenue that I pay and the revenue that these insurance companies achieve.
• And if you could add, because currently CDPH in their calculations don't include IEPs in their calculations
• So I think it has to do with the way they need to make their calculation.
• So I think it has to do with the way they need to make their calculation.

Summary: The Senate Committee on Health heard a series of bills focused on access to care, insurance coverage, and public health. AB 387 on youth sports AED access drew support from the author and safety advocates, but opposition from school, park, city, and county groups over liability, cost, and access concerns. The author said he would continue working on amendments to shift the bill toward requiring access to existing AEDs rather than mandating facility procurement. Committee members emphasized the life-saving purpose of the bill while also raising affordability and access concerns for youth sports programs. The committee also heard AB 1682, which would require health plans and insurers to cover FDA-cleared scalp cooling devices for chemotherapy patients. Supporters, including breast cancer survivors and health groups, described the emotional and quality-of-life benefits of preventing hair loss and said cost is the main barrier to access. There was no formal opposition, though one senator raised concerns about whether the mandate could exceed essential health benefits. The chair and members expressed support for the bill’s goals and said it would be taken up when quorum was established. AB 2093, a follow-up to the 988 crisis line law, sought to clarify statewide leadership, improve coordination among 988, 911, and mobile crisis teams, and create a more sustainable funding structure. Behavioral health organizations and crisis center representatives supported the bill, saying implementation challenges and demand growth require statutory fixes. Committee members generally supported the concept but noted the bill was a gut-and-amend and that additional work was needed with county and behavioral health stakeholders. The committee then heard AB 1843 on hepatitis C treatment, AB 1629 on dental assignment of benefits, AB 2540 on community college access to medication abortion services, and AB 1929 on disclosure of health plan investments. AB 1843 had broad support from medical and public health groups but opposition from health plans, which argued it conflicted with the prior-authorization framework in SB 306 and could raise drug costs. AB 1629 was supported by dental and patient advocates but opposed by dental plans and insurers over concerns about network participation and out-of-pocket costs. AB 2540 drew strong support from reproductive health advocates and student representatives, while community college health services and some others opposed or were neutral pending amendments; the author said the bill was about equity and accepted amendments to reduce burdens. AB 1929 was backed by labor and immigrant rights groups as a transparency measure, but opposed by health plans and insurers who said Covered California was not the right entity to administer the disclosures and that the information was already publicly available. Throughout the hearing, members repeatedly weighed public access and transparency against cost, administrative burden, and implementation concerns.

Transcript Highlights:

• Revenues, which are royalty revenues, combined make up about 22% of the general fund.
• Revenue versus local revenue shows there was actually a shift lately.
• Revenue. So it's not as simple of a calculation.
• revenue issue.
• Return on revenue is just state revenues.

Committee: House Revenue Stabilization & Tax Policy Committee

Transcript Highlights:

• </c><00:17:37.919><c> grants</c> additional revenue will provide grants additional revenue will provide
• </c><00:24:43.919><c> connection</c> which accounts for a revenue connection which accounts for a revenue
• </c><00:47:05.920><c> sources</c> that. and looking at revenue sources that. and looking at revenue sources
• Uh as the commissioner calculation.
• revenues revenues available<01:14:19.679><c> for</c><01:14:20.640><c> uh</c><01:14:20.880><c> taking

Committee: House Environment and Natural Resources Finance and Policy

Keywords: 1183, house

Transcript Highlights:

• So why are California's revenues volatile? So why are California's revenues volatile?
• up most of General Fund revenues.
• That’s revenue volatility.
• So you save them when revenues are surging, and then they’re available for when revenues have declined
• That’s revenue volatility.

Summary: The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with opening remarks focused on the state’s long history of revenue volatility and the role reserves play in smoothing downturns. The Legislative Analyst’s Office explained that California’s personal income tax base is highly volatile because high-income earners’ income is tied to capital gains and other fluctuating sources, and that Proposition 2’s current reserve rules set aside 1.5% of General Fund revenues plus a share of excess capital gains, but cap constitutional deposits at 10% of General Fund taxes. The LAO said its analysis evaluates reserve policy over decades and found the current system would cover about 30% of funding shortfalls in a 90th-percentile downturn scenario over 50 years, which is an improvement over no reserve but still inadequate. The LAO recommended raising the reserve cap substantially, ultimately to 50% by 2055, with an immediate increase to 20% and gradual increases thereafter. It also suggested either replacing Proposition 2’s deposit formulas with broader rules that capture volatility across all tax revenues or, alternatively, depositing all excess capital gains rather than only a share. The Department of Finance said the Governor’s prior proposal similarly sought to raise the cap from 10% to 20% and exclude reserve deposits and withdrawals from the state appropriations limit, arguing those two constraints limited the state’s ability to save during recent revenue surges. Other panelists and members discussed whether reserves should be paired with broader structural changes, including unemployment insurance reform, safety-net funding, infrastructure reserves, and the projected surplus temporary holding account. The California Budget and Policy Center supported reserve reform but emphasized balancing savings with current needs and noted other tools such as revenue increases, borrowing from special funds, and the new surplus-holding account. Members debated the causes and effects of Proposition 13, the appropriations limit, business departures, and whether reserve policy should be more directly tied to protecting Californians’ access to health care, food assistance, child care, and other core services. No votes or formal actions were taken, as the hearing was informational only.

Transcript Highlights:

• So why are California's revenues volatile? So why are California's revenues volatile?
• up most of General Fund revenues.
• That's that revenue volatility.
• So you save them when revenues are surging, and then they're available for when revenues have declined
• Revenues are surging, and then they're available for when revenues have declined.

Committee: Senate Budget and Fiscal Review

Keywords: 987, senate, all

Transcript Highlights:

• Investment revenue from that account would go to the wildfire response, forest restoration, and community
• or that money to be generating some kind of revenue.
• or that money to be generating some kind of revenue.
• It comes from a combination of revenues from the real estate tax, public utility tax, and refuse tax,
• Fifty thousand dollars apiece—somebody break out a calculator—that's going to be a significant amount

Bills: HB2275 , HB2238

Committee: House Agriculture & Natural Resources

Keywords: wildfire prevention, Washington wildfire council, fire safety, environmental protection, state regulations, HB 2238, HB2238, statewide food security, food security strategy, hunger, food insecurity, food access, food assistance, anti-hunger, nutrition education, food system literacy, agricultural viability, supply chain resilience, Washington Department of Agriculture, food policy forum

Transcript Highlights:

• So just a quick chart of revenues that come in. This is general fund revenue.
• So just a quick chart of revenues that come in. This is general fund revenue.
• So just a quick chart of revenues that come in. This is general fund revenue.
• So just a quick chart of revenues that come in. This is general fund revenue.
• </c> Revenue uh so the next area is revenue Revenue uh so the next area is revenue operations<01:03:53.520

Committee: Senate State and Local Government

Keywords: 1187, senate, all

Transcript Highlights:

• So why are California's revenues volatile? So why are California's revenues volatile?
• up most of General Fund revenues.
• When revenues are surging, it's very difficult to predict how much they're surging, and when revenues
• That's that revenue volatility.
• You can raise revenue.

Committee: Senate Budget and Fiscal Review

Summary: The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with presentations from the Legislative Analyst’s Office, the Department of Finance, Practical Idealism Economics, and the California Budget and Policy Center. The LAO explained that California’s revenue volatility is driven largely by the personal income tax and high-income capital gains, and described how Proposition 2 deposits work, the 10% cap on the BSA, and the LAO’s evaluation that the current policy would cover only about 30% of funding shortfalls over 50 years in an unfavorable benchmark scenario. The LAO recommended raising the cap to 50% over time and either adopting broader deposit rules or depositing all excess capital gains. Finance said the administration had proposed raising the cap to 20% and excluding reserve deposits and withdrawals from the state appropriations limit. The Budget Center supported reserve reform but stressed balancing savings with current service needs and noted other tools such as revenue changes, borrowing from special funds, and the new Projected Surplus Temporary Holding Account. Committee members debated the purpose and adequacy of reserves, the role of the state appropriations limit, and whether reserves should be paired with broader fiscal reforms. Several senators argued that reserves are needed to preserve core services during downturns and that the current system is too complicated and too small, while others emphasized the need to protect spending on health care, child care, and other services for working Californians. There was also discussion of infrastructure spending as a possible countercyclical tool and whether deposits for infrastructure should be treated differently under reserve and SAL rules. The LAO said the Legislature has flexibility in defining infrastructure spending and suggested an infrastructure fund could function as a separate reserve-like mechanism. A significant portion of the hearing turned to broader tax and budget policy, including repeated references to Proposition 13, the state’s revenue structure, business departures, unemployment insurance financing, and the impact of inequality on California’s fiscal resilience. Some members argued Prop. 13 was driven by affordability concerns for homeowners, while others said it created loopholes that benefit corporations and constrain local revenue. The hearing did not take any vote or formal action; it remained informational, with the chair indicating the committee would continue questions and public comment after the panel discussion.

Transcript Highlights:

• And I think folks thought that because they’d come out with the calculator, that they were supposed to
• I've received a number of complaints to my office about spousal support being calculated with a with
• with a About spousal support being calculated with an amount after the division of people.
• And this would severely impact our state highway fund as well as our highway user revenue fund.
• If we have to provide driver's licenses and IDs at no charge, the highway user revenue fund would be

Summary: The committee first took up SB 1066, which would allow the Attorney General or a county attorney to sue researchers for knowingly or recklessly publishing fraudulent scientific research, and would let injured parties recover damages. The sponsor and a supporting witness argued the bill would create personal accountability for deliberate research fraud and cited examples of retracted or manipulated studies; opponents warned that peer review and existing scientific processes already address bad research and that the bill could chill research and speech. The committee later passed SB 1066 on a 4-3 vote. The committee then heard SB 1015, which would impose strict personal liability on providers who perform gender transition procedures on minors for later detransition costs and related injuries. Supporters, including the sponsor, a doctor, a detransitioner, and a parent, said the bill would protect children, create accountability, and help families seek redress for irreversible harm. Opponents from the ACLU and others argued the measure discriminates against transgender patients, would likely chill care by making providers uninsurable, and could function as a backdoor ban; the committee nevertheless advanced the bill on a 4-3 vote. SB 1049, as amended, limited spousal maintenance to four years and adjusted eligibility and guideline factors. The sponsor and a family law attorney said the bill would curb overly long awards and better account for assets and income, while the Judicial Council explained the existing guideline work and noted the new calculator was intended to add uniformity; one senator objected that the cap was arbitrary and ignored case-specific context. The committee adopted the amendment and passed the bill 4-2. The committee also unanimously passed SB 1189, allowing campaign funds to be used for candidate and family security, and SB 1133, eliminating a duplicate financial disclosure filing for candidates who already filed an annual statement. Finally, the committee heard SB 1081, which would bar a DCS attorney from appearing before a judge after appearing before that judge in any of the attorney’s previous five DCS cases, and advanced it 4-3 after debate over judicial familiarity and rural-court impacts. The committee also heard SCR 1001, a proposed constitutional referral to end early voting the Friday before the election, require proof of citizenship and government ID, and restrict mail ballots to voters who affirmatively request them; supporters framed it as an election-integrity measure, while ADOT testified neutrally but warned that free IDs could cost tens of millions in lost revenue and affect road funding. The transcript ends during testimony on SCR 1001, before any vote on that measure.

Transcript Highlights:

• So, we have some calculations that we do. So, it would slightly modify the calculation.
• </c> for a an establishment, and the revenues for a an establishment, and the revenues were<00:33:56.960
• </c><00:35:25.560><c> to</c> analysis every year of our revenue to analysis every year of our revenue
• That is one of the revenue areas we're not as close on. The revenue we're not as close on that one.
• </c><01:17:48.640><c> slated</c> the $5 million worth of revenue slated the $5 million worth of revenue

Committee: Senate Executive Departments and Administration

Keywords: 1191, senate, all

Transcript Highlights:

• It's supported by special revenue: criminal fees and damage settlements.
• K-8 is a Revenue Services Division Fund Appropriation Transfer Report.
• The state insurance adjuster calculated the cash value to be $1.82 million.
• , the other revenues that flow through our trust fund and funds, and then these two accounts, we will
• I'm just sitting here on the calculator.

Committee: All ALC-PEER

Summary: The committee considered a series of appropriation, fund transfer, and reserve requests across multiple agencies. Section B temporary appropriations included funding for state technology upgrades, personnel management staffing and IT skills assessment, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, and higher education workforce grants and credentialing pathways. Additional items covered an ARPA grant for the University of Arkansas Fort Smith LPN program, an IIJA grant for the Oil and Gas Commission’s critical minerals work, a restricted reserve transfer for State Police vehicle purchases, a transfer to the Arkansas Heroes Program, and cash fund requests for the Real Estate Commission’s AV system and HVAC work. Most of these items were approved by voice vote. One budget classification transfer request from the Commissioner of State Lands drew extended questioning and was ultimately not approved. Members questioned the $250,000 transfer to operating expenses tied to the purchase of a West Little Rock office building, the ongoing lease costs at the prior location, and whether the agency had adequately planned for building-related expenses. After discussion, the motion failed, and members told the agency to tighten spending and return if needed. The committee then took up 15 pay plan appropriation requests totaling $25.7 million and approved them after discussion with DFA, DHS, Corrections, and the State Board of Election Commissioners. Members focused heavily on DHS staffing shortages at human development centers, where officials said vacancies and turnover were driven by overtime and burnout rather than pay alone; one member asked DHS to submit a written plan to address the issue. Corrections reported the pay plan had improved hiring and retention. The committee also approved overtime appropriations for Emergency Management and Military. Reports on reserve funds, the Budget Stabilization Trust Fund, tobacco settlement, State Central Services, Education Adequacy, Medicaid Trust, IIJA, and revenue transfer activity were received. The Medicaid Trust Fund report prompted significant concern about February’s $90 million draw; DHS said the month was unusually high because of cash-flow timing and that the fund should end the year with a balance between $150 million and $200 million, while lawmakers noted a second $100 million set-aside is planned for FY27. The final discussion centered on DHS’s state hospital damage claim and reconstruction funding, where members expressed disappointment that insurance reimbursement would likely return only about $1.8 million now and possibly about $97,000 more later, far less than the roughly $5 million initially expected. DHS explained the policy was based on actual cash value and depreciation for old buildings, and said the work would proceed on Unit 3 for secured restoration because it was the most cost-effective option.