Video & Transcript Research : 'appraised value'
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CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 26th, 2025
HI
ND
North Dakota 2025-2026 Regular Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- I think there's a definite mindset change when you're showing that you're using it to value up.
- So, value of owning your own bank, I'm going to spend a little bit of time on governance.
- There's a lot of value in owning the bank.
- And it's an incredible generator of wealth and economic value.
- So it's not a coin for sale that anybody holds as a store of value.
Summary:
The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia.
Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash.
Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing.
The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.
WA
Washington 2025-2026 Regular Session
Legislative Aviation Caucus Nov 21st, 2025
Transcript Highlights:
- John Dobson is going to give a presentation later about the value of aviation to the state of Washington
- And John Dobson is going to give a presentation later about the value of aviation to the state of Washington
- Not 10% of what it's valued now, but 10% of what the airplane was valued at when you purchase it, or
- We’ve done a lot of research on the value of aviation, and I just can’t be in force enough how important
- So if you add all that, that's obviously a lot more value.
Summary:
The meeting was an Aviation Caucus gathering hosted at Paine Field and Boeing, with introductions from legislators, aviation organizations, airport officials, and industry representatives. Speakers emphasized the importance of aviation and aerospace to Washington’s economy and the need to better educate lawmakers and the public about the sector’s value. Several participants also highlighted the role of airports in business activity, emergency response, wildfire support, and medical services, and urged attendees to build relationships with legislators to protect and expand aviation funding.
A major topic was opposition to the aviation-related tax provisions in Senate Bill 5801, described by speakers as a luxury and privilege tax on aircraft. Legislators and industry advocates argued the tax would discourage aircraft ownership and use in Washington, drive aircraft and business operations out of the state, and harm jobs and tax revenue. They said the caucus would continue working toward repeal of the aircraft tax provisions and broader solutions for aviation infrastructure funding, though they acknowledged the state budget situation makes new funding difficult this year. John Dobson presented data estimating aviation’s large share of state GDP, jobs, wages, and tax revenue, and also raised concerns about aviation fuel tax revenues being diverted away from aviation purposes.
The meeting also featured updates on mental health efforts in aviation, with Brian Baumoff of the Pilot Mental Health Campaign describing federal legislation to improve access to treatment and transparency around medications, and a prior state bill aimed at helping pilots navigate medical leave and treatment costs. Haley Coffey of the Aerospace Futures Alliance encouraged participation in its upcoming Hill Day to strengthen aerospace advocacy in Olympia. Boeing representatives gave an overview of company safety and culture changes after recent incidents, workforce and supplier numbers in Washington, production plans including a permanent Moses Lake site and a future Everett narrow-body line, and workforce development programs such as Core Plus Aerospace and tuition support. The caucus also adopted a House resolution honoring Harry R. Anderson for becoming the first person to fly and sail solo to all seven continents, and attendees toured the Boeing facility after the meeting.
CA
California 2025-2026 Regular Session
Assembly Floor Session Jun 16th, 2025
California House Floor Meeting
Transcript Highlights:
- Even when we disagree, we shall value a diversity of opinion. We empathize.
- We shall value a diversity of opinion. We empathize, and we do our very best to validate.
- The Women's Caucus stands in strong solidarity with the values Juneteenth represents.
- These values are not unique to the EDM community.
- He believed in civic participation and lived out those values fully.
Summary:
The Assembly met after a quorum call and opened with a prayer, a Father’s Day reflection, and a moment of silence for the victims of the Minnesota lawmaker shooting. Members then moved through guest introductions recognizing student legislative programs, Black conservation leaders, interns, and first responders, including an off-duty firefighter who saved a driver’s life. The chamber also heard multiple adjournment-in-memory tributes, most notably for former Senator and Los Angeles Councilman Nate Holden, whose civil rights and housing discrimination work was highlighted, along with tributes to Stephen Golden Kranz, Emily Carpenter, and Doug Kranwinkel.
On the Daily File, the Assembly adopted ACR 90, Assembly Member Gibson’s resolution recognizing Juneteenth. The measure drew strong support from multiple caucuses, including the Latino, Jewish, LGBTQ, Women’s, and AAPI caucuses, with members emphasizing Juneteenth’s historical significance, the legacy of slavery, and the continuing need to combat racism and inequality. The resolution was adopted by voice vote after 66 co-authors were added.
The Assembly also adopted ACR 92, Assembly Member Mark Gonzalez’s resolution declaring June 2025 as Electronic Dance Music Month in California. Supporters described EDM as a cultural and economic force rooted in diverse communities and praised its values of inclusion and unity; the resolution received 65 co-authors and passed by voice vote. Finally, HR 45, Assembly Member Castillo’s resolution for Animal Rights Awareness Week, was adopted by voice vote after 55 co-authors were added, with the author and a guest from Sierra Pacific Fur Babies speaking about animal rescue and welfare work. The session ended with announcements and adjournment until June 19.
MN
Transcript Highlights:
- Minnesota showed us that you value us and the work we do.
- It shows what those who are making the budget value.
- our early school workers and you do not value the work we do.
- There is value in supporting multiple funding streams for teacher preparation.
- It shows that we value them, and that is important; we value our workers.
Bills:
HF1388
Keywords:
BARR Center, Building Assets, Reducing Risks, education finance, school funding, grant appropriation, evidence-based program, student achievement, social and emotional learning, school climate, teacher effectiveness, high school graduation, students in poverty, students of color, BIPOC, equity in education, Minnesota Department of Education, urban schools, suburban schools, rural schools, school coaching
NM
New Mexico 2025 Regular Session
House - Government, Elections And Indian Affairs Feb 3rd, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- The amendment's core value lies in its potential to foster a more sustainable, equitable future for all
- I've published numerous books and articles and presented as an expert nationwide on the value and importance
- It is an expression of the value of our environment.
- is we would let the ultimate sovereigns of our state, which is the people, vote on our values.
- And that's why it is broad, because it's a statement of what we value: our air, our land, our water,
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm
Joint Committee on Telecommunications, Utilities and Energy
Transcript Highlights:
- What's the value that they're getting in return for that?
- There’s an unusually high enrollment in value-add premium green plans, so customers that choose 100%
- So again, there are value-added products beyond just basic service.
- So again, there are value-added products beyond just basic service.
- There are things like the value of having a three-year contract. I mean, that is added in there.
Summary:
The committee heard testimony on several energy-related bills, with the main focus on H. 3534/S. 2255, which would ban or sharply restrict residential third-party electric suppliers, and on related reform proposals. Supporters included the Attorney General’s office, municipal and regional planning officials, environmental justice groups, consumer advocates, and city officials from Boston and Chelsea. They argued that the residential competitive supply market has produced higher bills, deceptive sales tactics, auto-renewals into higher rates, and disproportionate harm to low-income residents, seniors, communities of color, and people with limited English. Witnesses cited AG reports estimating hundreds of millions of dollars in overcharges over time, described door-to-door and storefront marketing abuses, and said municipal aggregation programs have saved residents money while offering more stable rates. Several supporters said the Legislature should either ban residential competitive supply or adopt strong guardrails such as ending automatic renewals, banning incentive-based commissions, and capping rates relative to basic service.
Opponents or industry representatives from the Retail Energy Advancement League, Vistra, and Constellation argued that the market can provide savings, longer-term price stability, and value-added products such as renewable options and time-of-use offerings. They said Massachusetts has already improved consumer protections through DPU proceedings, that complaints are relatively few compared with the size of the market, and that a ban would eliminate consumer choice. They also defended direct sales and commissions as normal features of a retail market, while saying they would support additional protections, licensing, bonding, and stronger oversight of bad actors. Committee members pressed both sides on whether the market truly saves money, whether automatic renewals should be banned, and whether the AG’s proposed reforms would be enough.
The committee also heard testimony on H. 3972, a bill to extend utility shutoff protections during extreme heat, with Rep. Mindy Domb arguing that Massachusetts should treat extreme heat like extreme cold and protect customers facing financial hardship. Rep. Barrett also testified for H. 3450, a municipal broadband/right-of-way bill, arguing that communities need easier and cheaper access to utility poles and public rights of way to build municipal broadband. In addition, Senate Majority Leader Creem testified for S. 2239, which would bar utilities from recovering ratepayer funds for lobbying, promotions, trade association dues, and similar expenses. No votes were taken during the hearing.
HI
Hawaii 2026 Regular Session
HLT-HHS Joint Info Briefing - Fri Mar 6, 2026 @ 10:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- One is the Rural Health Information Networks, and the other is the Rural Value-Based Initiative.
- the AHEAD grant model is something they value.
- get paid for for value-based get paid for for value-based improvements.<00:31:55.040>
Today,< - Certainly, the<00:32:15.680>
value-based <00:32:16.680>um the value-based um the value-based - And it's the value of volunteers, so a shout out to them and those volunteers.
Bills:
HB2246, HB2119, HB1929, HB1953, HB1572, HB2549, HB2594, HB2551, HB2595, HB2548, HB2459, HB1931, HB1604, HB1616, HB1736, HB2233, HB2241, HB1891, HB1803, HB2567, HB2534, HB2399, HB2172, HB1595, HB1811, HB2168, HB1780, HB1781, HB1785, HB2122, HB2012, HB2398, HB1779, HB2296, HB1894, HB1925, HB2019, HB1896, HB2294, HB2298, HB2300, HB2344, HB2345, HB2391, HB2037, HB2201, HB1941, HB1635, HB1943, HB2325, HB1926, HB2490, HB1710, HB2545, HB1976, HB2173, HB1804, HB1563, HB2015, HB1619, HB2475, HB1889, HB2367, HB2187, HB1765, HB1452, HB2231, HB1700, HB1705, HB1626, HB1897, HB1642, HB1523, HB2593, HB815, HB1655, HB1596, HB1732, HB1842, HB2476, HB2478, HB2022, HB1588, HB2575, HB1163, HB2153, HB772, HB1519, HB2050, HB2309, HB2147, HB2329, HB2274, HB2280, HB2547, HB2275, HB2452, HB2306, HB2148, HB2088, HB1764, HB2438, HB2117, HB1860, HB2604, HB2118, HB2017, HB2155, HB1832, HB2216, HB1601, HB1934, HB2297, HB2397, HB1893, HB2533, HB1890, HB2454, HB2004, HB2427, HB2207, HB1810, HB1840, HB1644, HB1645, HB1946, HB1648, HB2324, HB2323, HB1509, HB1514, HB1515, HB2164, HB2165, HB2283, HB1691, HB2386, HB2423, HB2121, HB1984, HB1593, HB1671, HB2619, HB1481, HB2314, HB2319, HB1643, HB2558, HB1864, HB1898, HB2214, HB2167, HB2488, HB2009, HB2007, HB322, HB1964, HB2218, HB2616, HB1535, HB1574, HB1977, HB2054, HB2046, HB146, HB2094, HB2181, HB2250, HB2515, HB2444, HB2385, HB1740, HB1724, HB1733, HB1799, HB1725, HB2049, HB2161, HB1970, HB2519, HB1790, HB2416, HB1873, HB2001, HB2151, HB1603, HB1880, HB1753, HB2198, HB1511, HB1991, HB2546, HB1615, HB1939, HB2140, HB2429, HB1870, HB1850, HB1782, HB2137
Keywords:
agriculture, federal grants, Hawaii, grant administration, revolving fund, department of agriculture and biosecurity, grant compliance, financial support, coffee, pest control, subsidy program, coffee berry borer, coffee leaf rust, economy, biosecurity, invasive species, Molokai, advisory board, quarantine, environmental protection
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Kashyap Patel, of Nevada, to be Director of the Federal Bureau of Investigation, Department of Justice. Jan 30th, 2025 at 08:30 am
Senate Judiciary
Transcript Highlights:
- His parents raised Cash in the Hindu faith, building him the values of hard work and education.
- Like Title I of Section 702, are a betrayal of American values and adherence to the rule of law.
- The eighth core value out of all core values on the FBI's website right now is rigorous obedience to
- On the value of diversity.
- Patel, that in the past, you have recognized the value of diversity.
NH
New Hampshire 2026 Regular Session
House Municipal and County Government (01/23/2026)
Municipal and County Government
NH
New Hampshire 2026 Regular Session
House Criminal Justice and Public Safety (01/23/2026)
Criminal Justice and Public Safety
Transcript Highlights:
- I valued Molly's life as I value my two other daughters' lives and as I value the lives of police officers
- I valued related to her work? No.
- as I value my two other Molly's life as I value my two other daughters<00:09:31.040>
lives <00 - And New Hampshire truly values progress, truly values life, truly values fairness, then I must reject
- Truly values fairness. Then I must life. Truly values fairness.
NM
Transcript Highlights:
- Is a company doing, like, a values analysis of we don't like what this company is doing or we do like
- The question which this memorial seeks to answer is: should the long-term value created by New Mexico's
- Or should we examine whether some of that value could remain here, strengthening our schools, helping
- If structured properly, a state investment could provide New Mexico the same low-risk and high-value
- We are at the crossroads now of deciding the PRC is going to decide pretty soon whether the value of
Keywords:
youth violence, violence prevention, violence intervention, community violence intervention, credible messengers, peer support, restorative justice, violence interrupters, juvenile justice, at-risk youth, high-risk youth, public safety, Department of Health, New Mexico, statewide summit, data collection, reporting, interagency coordination, community-based organizations, law enforcement
AZ
Transcript Highlights:
- That's the literary value that you're debating right now. Would you like me to pull up another one?
- Because this is the literary value that you're defending.
- But we repeatedly hear about this literary value.
- You understand what that literary value is to my good Senator Kuby, my friend over there.
- That's the literary value. That's the literary value that they say should be given to children.
Bills:
SB1433, SB1434, SB1435, SB1567, SB1571, SB1686, SB1745, SCR1024, SCR1025, HB2671, HB2676, HCR2044
Keywords:
county boundaries, Maricopa, Gila, Pinal, Yavapai, Yuma, La Paz, local governance, Arizona Revised Statutes, Maricopa county, county division, new counties, intergovernmental agreements, special election, shared use agreements, education, explicit material, parental consent, student protection, library access
Summary:
The committee approved the February 4, 2026 minutes and held SB 1571 until the following week. It then heard and advanced several measures, beginning with SB 1745, which would cap transaction privilege/excise tax rates in the state’s largest cities at 2.5% per classification unless approved by voters, and would allow enforcement through the attorney general and state-shared revenue withholding. Supporters argued it would protect taxpayers and restrain municipal tax increases; the bill received a technical amendment and a due pass recommendation. The committee also advanced SB 1686, renaming Wesley Bolin Memorial Plaza as the Wesley Bolin and Charlie Kirk Freedom Plaza and authorizing memorial placements for Don Bowles and Charlie Kirk, after brief supportive discussion and no substantive opposition testimony.
The committee spent substantial time on SB 1567 and SB 1435, both aimed at restricting public entities, schools, and libraries from exposing minors to sexually explicit materials and from using public facilities for sexually explicit filming or access. Supporters framed the bills as child-protection measures and cited examples of explicit books and materials in libraries and schools; opponents, including the ACLU, warned the definitions were broad, could chill speech, and could criminalize librarians and educators for handling constitutionally protected literature or sex-education materials. Both bills were amended and passed on 4-3 votes, with supporters emphasizing existing obscenity standards and opponents stressing First Amendment concerns and implementation problems.
The committee also advanced SB 1433 and SB 1434, which would redraw Maricopa County boundaries and, in the latter bill, create three new counties with a transition board and staggered elections. The sponsor argued Maricopa County had become too large and politically dominant, making government less representative and less responsive; opponents called the proposals expensive, disruptive, and politically motivated, citing concerns about debt division, duplicated county systems, and fiscal impacts. Both bills received due pass recommendations on 4-3 votes. Finally, the committee approved SCR 1024, requiring legislators to live in their district for one year before election, and SCR 1025, moving the legislative session start date from the second Monday to the fourth Monday in January; both resolutions passed unanimously or near-unanimously after sponsor testimony that they would modernize outdated rules and improve use of time.
FL
Florida 2025 Regular Session
November 18, 2025 - 08:00 AM
Transcript Highlights:
- If you can see total ensured value is analogous but not the exact same thing as when a consumer us or
- anybody looks at their home value on Zillow.
- The problem park, they're ensuring it'll give estimated home value.
- you see for about a decade, about 7 going back to 2009, we have a very steady state, total ensured value
- How much value any of a lot of that is is adding to the consumer consumer today?
TX
Transcript Highlights:
- This legislation's goal is to make sure that Central Texas, along with our valued partner Fort Cavazos
- Cost, what's the value of that water that was lost?
- There are so many ways we could value that water.
- We put a very high value on that water, recognizing that.
- So it's pretty hard to put a value on that water as we seek to prevent its loss in the future.
Keywords:
water audit, water loss, water loss mitigation plan, municipally owned utility, municipal utility, water conservation, Texas Water Development Board, TCEQ, Texas Commission on Environmental Quality, water leakage, leak detection, billing data accuracy, utility validation, water audit validation, water scarcity, water management, infrastructure, public utility, conservation plan, administrative penalty
FL
Florida 2026 5th Special Session
Appropriations Committee on Higher Education Mar 11th, 2025
Transcript Highlights:
- That is a significant thing we are looking at, you know, out-of-state tuition, and I very much value
- Users are getting an incredible value on the back of Florida taxpayers.
- I think also we need to understand what is the return on value that our students are getting for some
- So we're a value in state and we're a value out of state.
- So we're a value in state and we're a value out of state.
Summary:
The Appropriations Committee on Higher Education met to examine how Florida’s state universities are funded and to begin discussing a possible university funding model. The panel included the State University System chancellor and CFOs from FSU, UF, FAMU, FAU, UNF, and UCF. Members first reviewed major cost drivers, which the universities said are broadly similar across institutions: wages and benefits, equipment and supplies, financial aid, professional services, utilities, IT, and maintenance. Several institutions noted unique pressures from geography, growth, research intensity, and mission, such as UCF’s size and engineering focus, UF’s land-grant and research enterprise, FAMU’s need to recruit top talent while serving a high-Pell student population, and FSU’s large facilities and research obligations. The chancellor also summarized systemwide cost growth since 2012-13, including higher health insurance, retirement, and salary costs, while noting tuition had been held flat.
The committee then discussed other revenue sources, including auxiliaries, restricted funds, capital projects, and component units such as foundations and health systems. University leaders explained that many of these funds are restricted to specific purposes, and some, like UF Health, account for a large share of operating expenses. Members also discussed the current performance-based funding process. University representatives generally praised it for transparency, accountability, and its focus on student success, but said the heavy use of one-time funds, nonrecurring appropriations, and unfunded mandates makes long-term planning difficult. FSU and others argued that rising employee costs, waivers, and facilities expenses are not fully covered, while FAMU said performance funding has improved outcomes but can disadvantage institutions serving more low-income students.
In response to questions about improvements, the universities suggested more recurring and predictable funding, better coverage of mandated costs, more flexibility in fees, and continued investment in research and strategic priorities. The chancellor said the Board of Governors is considering a version 3.0 of performance funding that would benchmark institutions against peers and Carnegie classifications. The committee also explored whether universities should have more flexibility to set out-of-state tuition and professional school tuition. Most university leaders favored giving boards of trustees more authority, while the chancellor cautioned that increasing out-of-state enrollment or tuition too much could affect legislative support. No votes were taken; the meeting ended with the chair thanking the panel and adjourning the committee.
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 1 May 8th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- However, Minnesotans do share some very important values. Values that can guide your deliberations.
- Minnesotans value the right to self-determination and bodily autonomy, a right to be accorded to all.
- These are widely shared values across our state.
- As you undertake your deliberations and duties today, hold these values front and center.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Health Service (3-31-26)
Transcript Highlights:
- falling value of the dollar. falling value of the dollar.
- Don't know what the value of that is beyond what the existing file is.
- Don't know what the value of that is beyond what the existing file is.
- Don't know what the value of that is beyond what the existing file is.
- value as far as eligibility. value as far as eligibility.
Summary:
The committee met with a quorum to consider the Senate Committee Substitute for House Bill 2, a major Medicaid bill. Members first adopted the substitute and then adopted Amendment 9770. The bill was described as a lengthy rewrite aimed at aligning Kentucky Medicaid policy with federal requirements under HR 1, while also preserving program integrity and addressing due process concerns. Senators and staff repeatedly emphasized that the measure was the product of extensive meetings with providers, associations, and work groups.
The sponsor’s section-by-section summary highlighted several key changes: delaying and reducing cost-sharing requirements; pushing eligibility redetermination deadlines to the federal date; restoring some flexibility for hardship waivers; allowing self-attestation as a last resort; modifying MCO audit provisions; clarifying non-emergency medical transport GPS costs; expanding waiver attestation authority to nurse practitioners and licensed psychologists; adding qualified aliens to waiver eligibility to comply with federal law; requiring Medicaid data sharing with the oversight board; limiting changes to Medicaid benefits without General Assembly authorization; narrowing the prescription drug exclusion to drugs prescribed primarily for weight loss; and delaying the dental ASO transition until 2029. The substitute also deleted a proposed auditor review requirement and retained an emergency clause.
Committee discussion focused heavily on the policy and fiscal implications of the cost-sharing and recertification provisions. Senators raised concerns about whether the co-pays would be effective or simply shift costs to providers, whether the recertification process would burden the Cabinet and cause eligible people to lose coverage, and how the bill would affect people transitioning from Medicaid into work. Supporters said the lower cost-sharing amounts were intended to encourage appropriate use of care, protect providers, and comply with federal law, and they noted that the Medicaid Oversight and Advisory Board would help shape future changes. A public witness, Maggie Chisholm, gave emotional testimony about her daughter’s experience with a Medicaid waiver and argued that policy delays and administrative disconnects can harm vulnerable families. No final vote on the bill itself was recorded in the excerpt, but the substitute and amendment were adopted and testimony continued.
CA
California 2025-2026 Regular Session
Assembly Budget Committee Jun 11th, 2025
Transcript Highlights:
- that every Californian is truly valued.
- And if you can't get mortgages, then property values drop, and when property values drop, property taxes
- In some sense, it's a value judgment made by the Legislature as a whole.
- of our state, values of who we have as Californians, and I'm proud to be Californian.
- And it's continue advocating for the values of California. Gracias.
Summary:
The Assembly Budget Committee heard opening remarks on the 2025 Budget Act, which will be amended into AB 101 and SB 101 for floor consideration. Committee leaders described the budget as a difficult compromise shaped by a $12 billion deficit, federal funding uncertainty, wildfire impacts, and rising out-year costs, while emphasizing a balance between compassion and fiscal responsibility. Each budget subcommittee chair then summarized major actions in their areas, including health care, human services, education, climate and transportation, housing and state administration, public safety, and oversight/transparency.
Key policy items included delaying or narrowing some of the Governor’s proposed cuts, especially in Medi-Cal and other safety-net programs; preserving funding for dental care, women’s health, family planning, hospice, long-term care, IHSS, and services for undocumented Californians; and maintaining or expanding child care, foster care, food banks, and CalWORKs-related supports. Education actions included additional Proposition 98 settle-up, reduced deferrals, support for TK-12, teacher recruitment, literacy, mental health, preschool slots, and restored funding for UC and CSU. Other major items included housing and homelessness investments, wildfire and disaster response funding, transit loans and greenhouse gas reduction fund support, Proposition 36 and VOCA-related public safety funding, and oversight measures on federal impacts and state efficiency.
Department of Finance and Legislative Analyst staff said the package makes some of the same savings moves as the May Revision but relies more on internal borrowing and fewer reductions, leaving a smaller reserve than the administration’s plan but still maintaining roughly $11 billion in the rainy day fund. Members from both parties largely supported the package while raising concerns about long-term sustainability, Medi-Cal costs, reserve use, and the need for future revenue and program review. The committee adopted the subcommittee actions by roll call, 18-6, with the roll held open for absent members and additional comments continuing after the vote.