Transcript Highlights:

• </c> which is the amount of the revenue which is the amount of the revenue requirement<01:20:43.480><
• , to break the direct link between investments and revenues.
• revenues revenues uh<01:25:19.280><c> to</c><01:25:19.400><c> break</c><01:25:19.640><c> the</c><01:
• </c> investments and revenues. investments and revenues.
• So, they come up with a revenue requirement that is the basis for the rate increase.

Bills: SB2960 , SB2347 , SB2272 , SB3137 , SB3132 , SB2271 , SB2804 , SB2175 , SB2487

Committee: House Consumer Protection & Commerce

Keywords: homeowners insurance, disaster recovery, replacement cost value, state of emergency, policyholder rights, insurance extensions, tenant rights, landlord obligations, housing crisis, eviction prevention, multilingual access, SB2272, Act 105, home health licensing, home health agency, home health services, Department of Health, DOH, CMS, Centers for Medicare and Medicaid Services

Summary: The committee heard several resolutions and one bill focused on energy reliability, utility infrastructure, insurance, tenant rights, and home health licensing. On the energy side, members heard HCR 203/HR 193 on a status update for the Hawaii Electric Reliability Administrator, HCR 204/HR 194 on a comprehensive PUC analysis of cost reduction and risk, and HCR 202/HR 192 creating a legislative task force on future energy pathways. Testimony on the energy measures was generally supportive from the PUC, DCCA’s Division of Consumer Advocacy, the Hawaii State Energy Office, and the Office of Hawaiian Affairs, with OHA urging that equity, native Hawaiian impacts, and public trust resources be considered alongside cost savings. The committee also heard HCR 125/HR 117 on coordinating with utilities to address aging utility poles and lines along Farrington Highway and other high-risk corridors; Hawaiian Electric supported the measure, Hawaiian Telcom and Charter Spectrum said much of the work is already underway and questioned whether the resolution was necessary, and committee questioning focused on existing double-pole tracking and the role of DOT and the PUC. The committee then took up HCR 137/HR 129 on timely reimbursement of health care claims under the clean claims statute. The DCCA Insurance Division and the Hawaii Insurers Council opposed the measure as drafted, saying it could be read to require payment beyond policy limits and could raise premiums or reduce market participation. United Policyholders supported the measure, arguing it would simply give policyholders more time to collect benefits they already purchased, and clarified that it was not intended to increase coverage beyond policy limits. The committee later amended the resolution to direct the DCCA Insurance Division to prioritize investigation and enforcement of clean claims complaints. In the decision meeting, the committee recommended and adopted passage of HCR 203/HR 193 as is, HCR 204/HR 194 with an amendment removing the eighth whereas clause, HCR 202/HR 192 with an amendment adding a committee representative to the task force, HCR 125/HR 117 as is, and HCR 137/HR 129 with amendments. The committee also heard SB 2960 SC1 on property insurance, which would extend the time policyholders have after a declared disaster to document replacement-cost claims. The Insurance Division and Hawaii Insurers Council opposed it, warning it could force coverage beyond policy limits and increase premiums, while United Policyholders supported it and said it would help disaster survivors recover benefits they already paid for; members questioned whether similar laws in other states had caused premium spikes and clarified that the bill was not intended to exceed policy limits. The committee also heard SB 2347 SD1 on multilingual tenant-rights notices, with OHA, Hawaii Appleseed, and others supporting the bill but urging restoration of language requiring landlords to directly provide the notice at lease signing. Finally, SB 2272 SD1 HD1 on home health licensing drew support from the Department of Health, SHPDA, and the Health Care Association of Hawaii, with the association requesting an effective date amendment; testimony explained that the bill would allow state licensing compliance to be demonstrated through CMS-approved accreditation or certification surveys, potentially reducing duplication and freeing state resources.

Bills: HB2929 , HB2956 , HB2955 , HB3128 , HB3880 , HB4294 , HB2970 , HB3338 , HB3443 , HB3783 , HB3800 , HB3818

Committee: House Commerce & Economic Development Oversight

Keywords: homeowner insurance, insurance premium, claim history, insurance regulation, at-fault claims, flood insurance, state law, consumer protection, appraisal management, Real Estate Appraiser Board, appraiser registration, background checks, ownership requirements, captive insurance, protected cell, sponsored captive, captive insurer, insurance commissioner, premium tax, dormant captive

Bills: HB2929 , HB2956 , HB2955 , HB3128 , HB3880 , HB4294 , HB2970 , HB3338 , HB3443 , HB3783 , HB3800 , HB3818

Committee: House Commerce & Economic Development Oversight

Keywords: homeowner insurance, insurance premium, claim history, insurance regulation, at-fault claims, flood insurance, state law, consumer protection, appraisal management, Real Estate Appraiser Board, appraiser registration, background checks, ownership requirements, captive insurance, protected cell, sponsored captive, captive insurer, insurance commissioner, premium tax, dormant captive

Transcript Highlights:

• There is no state revenue impact. The Department of Revenue expenditures are around $12,000.
• And then, There is no state revenue impact.
• Department of Education method for calculating federal student aid packages.
• The bill has no revenue impact to the state property tax levy.
• It is estimated to reduce state revenue by about $47,000 over the four-year outlook.

Bills: SB6194 , SB5963 , SB5909 , SB5826 , SB5988 , SB5872 , SB5879 , SB5834 , SB5835 , SB5905 , SB5832 , SB6177 , SB5970 , SB5994 , SB6047 , SB5647

Committee: Senate Ways & Means

Keywords: SB 6194, Washington Medicaid, medical assistance, fee-for-service, managed care, rural hospital, Indian reservation, tribal hospital, federally recognized Indian reservation, Indian Health, hospital reimbursement, Medicaid payments, inpatient services, outpatient services, psychiatric unit, health care access, rural health, tribal health, safety-net hospital, RCW 74.09

Transcript Highlights:

• There's been no physical note calculated with this. We believe that...
• There's no physical note calculated with this.
• The program is funded through a new disaster relief and prevention account and general revenue supported

Bills: HB48 , HB66 , HB68 , HB71 , HB75 , HB164 , HB171 , HB254 , SB3 , SB18 , HB123 , HB149 , HB117

Committee: House Disaster Preparedness & Flooding, Select

Keywords: HB 48, Texas alert notification systems, emergency alerts, public warning systems, alert fatigue, notification fatigue, Texas Division of Emergency Management, Department of Public Safety, DPS alerts, emergency management, State of Texas Emergency Assistance Registry, STEAR, disaster notifications, weather alerts, Amber Alert, Silver Alert, Blue Alert, missing persons alerts, accessible alerts, hearing impaired

Summary: The committee met in special session to hear a series of flood, preparedness, and youth-camp safety bills, with members repeatedly noting that many of the measures were intended as planning, warning, or authority-clarifying bills rather than direct spending bills. House Bill 254 would expand eligibility for the Rural Infrastructure Disaster Recovery Program to include Kerr County and 18 other flood-affected counties by raising the GDP cap and lowering the poverty threshold; it drew no opposition and was left pending. House Bill 68 would direct a study of flood mitigation in flatland areas, especially in the Rio Grande Valley, to develop cost-effective drainage and infrastructure recommendations; local officials and advocates supported it, and it was also left pending. The committee then heard several youth camp bills tied to the recent Hill Country flooding. House Bill 75 would impose flood-aware building and site standards for youth camps near floodplains, and House Bill 71 would require camps and youth activity entities to submit emergency preparedness plans to TDEM, coordinate with local responders, and maintain readiness protocols; both bills were supported by safety advocates and camp representatives, and both were left pending. House Bill 171 would require campgrounds near flood-prone waters to give written flood-risk notice to campers and obtain signed acknowledgment; it was presented as informed consent and left pending. Testimony on these bills emphasized Camp Mystic and other recent flood tragedies, with some witnesses urging broader building-code and floodplain reforms. The committee also heard House Bill 117, which would let counties regulate impervious cover for flood mitigation in unincorporated areas. Supporters, including county officials, environmental groups, and residents, argued that rapid development in the Hill Country and other growing areas is worsening runoff and downstream flooding; opponents from the builders’ association said counties already have substantial authority and warned about overreach into rural property use. After extensive testimony, the bill was left pending. Senate Bill 18 would streamline permitting for certain flood control districts to repair dams and reservoirs and build small holding areas, and it was left pending after supportive testimony from Plum Creek Conservation District. Senate Bill 3 would create a state-backed outdoor flood warning siren program for identified flood-prone areas, funded through a grant program; witnesses generally supported it, though some cautioned that sirens are not sufficient by themselves and may not be heard indoors or in overnight storms. It too was left pending. The committee also began hearing House Bill 149 on public-safety radio interoperability, but the transcript cuts off before the bill’s full testimony or action is shown.

Transcript Highlights:

• If you think there's a meaningful appeal for a municipality when they're deprived of... ...of revenue
• They're deprived of revenue?
• They're one of the three legs of our stool, along with property taxes and utility revenues.
• They mean how much, in terms of revenue to the city, are our bases in San Antonio?
• And I don't know if it's because of the revenue cap, but we've got impact fees.

Bills: SB324 , SB1978 , SB2139 , SB2401 , SB2587 , SB2610 , SB2858 , SB3016

Committee: Senate Business & Commerce

Keywords: E-verify, employment verification, state contracts, immigration, labor compliance, ERCOT, Texas electric grid, interconnection, Public Utility Commission, PUC, Public convenience and necessity, electric cooperative, municipally owned utility, electric utility, transmission, generation facilities, grid reliability, Federal Energy Regulatory Commission, FERC, SERC

Bills: SB96 , SB97 , SB130 , HB230 , SB154 , SB93 , SB99 , SB96 , SB97 , SB130 , HB230 , SB154 , SB93 , SB99

Committee: House Insurance

Keywords: salvage title, salvage certificate of title, rebuilt title, flood vehicle, junk vehicle, total loss, motor vehicle title, vehicle branding, insurance claim, insurance company, Department of Revenue, vehicle inspection, rebuilder, automotive dismantler, parts recycler, secondary metals recycler, junkyard, vehicle identification number, VIN, stolen vehicle

Transcript Highlights:

• And then I'll call out as well line 21 based off of the revenue number adopted by this committee and
• by I, um, Based off of the revenue number adopted by this committee and by the Economic Outlook and Revenue
• This supplemental includes funding, one-time funding from the Miscellaneous Revenue Fund, to supplement
• Fund. $100,000 from their water management fund to the Miscellaneous Revenue Fund in the Soil and Water
• This is a request for $106,900 in personnel costs from the miscellaneous revenue fund.

Summary: The committee received a general fund “green sheet” update from budget analyst Noah Peterson, who reviewed recent changes to the FY 2026 and FY 2027 balances, including large population-adjustment supplementals for Medicaid and Corrections and other committee actions. He also highlighted several policy bills with fiscal impacts, including county jail per diem changes, a state police-related bill, and a health and welfare board/position bill. Janet Jessup then walked the committee through several budget housekeeping items and supplemental/maintenance adjustments, beginning with the Department of Environmental Quality and a solid waste regulatory program change tied to House Bill 555. The committee approved multiple motions, including adding 4 FTP to DEQ and adopting revised language for a hazardous waste fund transfer; a FY 2026 Soil and Water Conservation Commission supplemental for the CREP program; and a major two-step reorganization moving the Soil and Water Conservation Commission from Agriculture to Water Resources. The committee also approved the related FY 2027 reductions and additions for the commission and Water Resources, including CREP funding and a one-time restoration of a rescission to preserve stream-gauging and water monitoring services. Members discussed whether those restorations should be one-time or ongoing, with some favoring one-time adjustments to preserve budget flexibility and others warning about agency stability. The committee then handled the consolidation of the Office of Species Conservation and the Office of Energy and Mineral Resources into a new Office of Species, Mineral, and Energy Coordination. It approved a reduction for the Office of Species Conservation and a reduction for OEMR, then considered competing motions for the new combined office. After extended debate over the appropriate number of FTP reductions and the importance of nuclear and mining coordination, the committee rejected a substitute motion and then rejected the original motion as well, leaving the new office budget unresolved. Finally, the committee approved the Division of Occupational and Professional Licenses request for replacement vehicles and IT hardware, and adjourned with notice of upcoming budget hearings the next day.

Transcript Highlights:

• We are in the very last day of the Revenue and Stabilization Tax Policy Committee.
• This was a revenue raiser in one measure.
• Again in the 1986 tax package, it was a revenue raiser.
• Revenue raisers were.
• The revenue that we made can get complicated.

Committee: Joint Revenue Stabilization & Tax Policy Committee

Keywords: 996, all

Transcript Highlights:

• </c> modest, pretty carefully calculated modest, pretty carefully calculated amount amount amount that
• </c><00:38:06.880><c> from</c> importantly, your view of revenues from importantly, your view of revenues
• </c><00:38:32.560><c> In</c><00:38:32.680><c> fact,</c> revenues from land management.
• In fact, revenues from land management.
• </c> particular fund, even though a revenue particular fund, even though a revenue stream<01:10:28.680

Committee: Senate Finance

Keywords: 1187, senate, all

Transcript Highlights:

• The third meeting of the Appropriations and Revenue Committee for this session.
• That's not a calculation, but it was such a big number. I'm sorry, Mr. Chairman.
• That's not a calculation, but it was such a big number. I'm sorry, Mr. Chairman.
• That's not a calculation, but it was such a big number. I'm sorry, Mr. Chairman.
• </c> know was that part of the calculation know was that part of the calculation that<00:14:45.560><c

Keywords: Meeting Start 00:00:00 Roll Call 00:00:05 Capitol Renovations Update 00:00:40 Damage from Recent Disaster Discussion 00:33:25, 958, all

Summary: The committee met for its third meeting of the session and received an update on the Capitol renovation project from Finance and Administration Secretary Holly Johnson and State Budget Director John Hicks. They reported the project budget remains $291.52 million, with Messer Construction as construction manager, and said the temporary legislative chamber completion has slipped into 2025 because of wiring, voting machine, KET camera, and canopy work. They outlined the current bid schedule: site and utility bids due February 27, 2025; roofing and fourth-floor structural work due April 24; major renovation bids due May 23; bid review in late May and early June; roofing and fourth-floor work beginning in late June; and overall construction starting July 7, 2025. A major focus of the discussion was the project contingency, which officials said is only $10.8 million for an older building with significant unknown conditions. They explained that earlier investigations led to about $60 million in value engineering cuts, including more than $40 million tied to unexpectedly extensive terrace damage on the north, south, and east sides. The terraces were originally expected to need only minor work, but officials said investigations showed reconstruction would eventually be necessary and could not be handled by simple restoration. They also said the mechanical equipment plan changed from a basement location to a vault under the east parking lot, and that the west terrace will still see some ADA-related work. Committee members questioned why the terrace work was not included in the current budget, whether doing it later would cost more, and why bids and construction planning had taken so long. Officials said the terraces were left out because of cost, that future work would likely be more expensive because of market escalation, and that the timing reflected extensive investigation needed to produce reliable bids. Members also raised concerns about scaffolding and the temporary chambers; officials clarified that the scaffolding discussed was for the separate Capitol Dome project, not the chamber project, and said the Dome scaffolding is part of that project cost and is expected to come down in early 2027. They said the temporary chambers are expected to be used for three sessions, through the 28th session, with a return to the Capitol planned for the 29th session, and that public tours of the Capitol would likely end around June depending on the bid results and construction schedule.

Transcript Highlights:

• Tobacco revenues are up about 600,000 more. The revenues actually up 900,000.
• <c> up</c> up 2% revenues up tobacco revenues up up 2% revenues up tobacco revenues up about<00:21:30.640
• </c> revenue increases. revenue increases.
• </c> calculations.
• It's revenue that would calculations.

Keywords: 928, house, all

Summary: The committee first took up HB 155, which drew a lengthy debate over an amendment to delay implementation until tax year 2027. Supporters said the delay would give lawmakers time to see whether projected revenues materialize and to reconsider the policy if needed; opponents argued it would reduce money available to services and local governments at a time of tightening revenues. Members also discussed broader revenue trends, including tobacco, rooms-and-meals, real estate transfer, and lottery revenues, and disagreed over whether tax cuts tend to increase revenue. The committee adopted amendment 2025-2983H on an 11-9 vote, then voted 11-9 to report HB 155 ought to pass as amended. The bill was sent to the consent calendar, with a majority and minority report to be filed. The committee then considered HB 224, with members expressing concern that the bill would redirect money collected for one purpose to another and should receive more study. A motion for interim study was made and seconded, and the committee approved interim study unanimously, 20-0, sending HB 224 to the consent calendar. Next, the committee took up SB 83, which the Lottery described as a vehicle for technical corrections to gaming law. The Lottery requested changes to remove a bond cap, reconcile inconsistent free-play/promotional-play language, redirect problem-gambling funds to the Commission on Addiction Treatment and Prevention, and revise background-check language after the FBI declined to conduct checks under the existing wording. The committee adopted amendment 2025-2984 unanimously, 20-0, then voted 20-0 to report SB 83 ought to pass as amended and placed it on the consent calendar. Finally, the committee began work on HB 524, a bill to repeal the New Hampshire Vaccine Association. Representative Yuli said members had received many emails and calls both supporting and opposing the program and that he had questions about transparency and the dollars involved. The transcript cuts off before any vote or further action on HB 524.

Transcript Highlights:

• district or charter school, that student generates a certain number of units that is then used to calculate
• That's a federal calculation that they give to us to calculate at-risk. that are statutorily and federally
• While we agree that there are some negative impacts of high mobility, the data that we use to calculate
• The reason I spent time here talking about at-risk and how we calculate it now goes back to the bill
• As revenue starts to plateau a little bit, we need to consider what to discontinue.

Committee: House House Education

Transcript Highlights:

• My staff calculated it.
• Performing Arts Center, a decrease in projected revenues from donations and license plate revenue. revenue
• , license revenue.
• Revenue Dedicated Accounts, which equates to 84% of the agency's baseline requests with general revenue
• . and $21.3 million in general revenue.

Committee: House Appropriations - S/C on Articles I, IV, & V

Keywords: 1184, house, all

Transcript Highlights:

• relative to certain parishes, to repeal the authorization for the distribution of sales and use tax revenue
• Committee on Local and Municipal Affairs favorably, referred to the Legislative Bureau. and use tax revenue
• retirement benefits received from the firefighters' retirement system, to provide with respect to the calculation
• Committee on Judiciary A. ...from the firefighters' retirement system to provide with respect to the calculation
• We also will not have a Revenue and Fiscal Affairs meeting tomorrow.

Bills: SR107 , SCR53 , SCR54 , SCR55 , SCR12 , HB167 , HB181 , HB243 , HB316 , HB321 , HB335 , HB492 , HB578 , HB624 , HB708 , HB864 , HB906 , HB968 , HB969 , HB978 , HB985 , HB1005 , HB1032 , HB1077 , HB1095 , HB1104 , HB1118 , HB1157 , HB1187 , HB1189 , HB1195 , HB1198 , HB1220 , HB221 , HCR58 , SB283 , SB338 , SB488 , SB520 , HB90 , HB127 , HB138 , HB150 , HB201 , HB268 , HB273 , HB285 , HB315 , HB354 , HB355 , HB360 , HB376 , HB445 , HB506 , HB606 , HB649 , HB665 , HB681 , HB721 , HB746 , HB757 , HB781 , HB835 , HB844 , HB857 , HB872 , HB886 , HB889 , HB892 , HB972 , HB982 , HB987 , HB1037 , HB1068 , HB1072 , HB1078 , HB1085 , HB1132 , HB1137 , HB1167 , HB1174 , HB1232 , HB1238 , SB68 , SB76 , SB149 , SB191 , SB196 , SB318 , SB162 , SB382 , SCR33 , SCR30 , SB112 , SB194 , SB307 , SB341 , SB346 , SB363 , SB495 , SB503 , SB507 , SB509 , SB513 , SB408 , SB131 , SB145 , SB333 , SB464 , SB466 , SB500 , SB35 , SB65 , SB215 , SB228 , SB246 , SB249 , SB268 , SB269 , SB282 , SB296 , SB312 , SB319 , SB323 , SB369 , SB431 , SB474 , SB484 , SB490 , SB492 , SB501 , HCR14 , HB537 , HB652 , HB653 , HB661 , HB726 , HB756 , HB851 , HB964 , HB966 , HB34 , HB35 , HB48 , HB474 , HB553 , HB758 , HB852 , HB10 , HB16 , HB36 , HB44 , HB46 , HB52 , HB61 , HB78 , HB98 , HB102 , HB124 , HB126 , HB131 , HB135 , HB141 , HB142 , HB164 , HB170 , HB171 , HB179 , HB194 , HB231 , HB245 , HB280 , HB292 , HB294 , HB297 , HB305 , HB336 , HB337 , HB351 , HB436 , HB594 , HB789 , HB956 , HB957 , HB995 , HB1040 , HB50 , HB117 , HB120 , HB122 , HB139 , HB148 , HB149 , HB185 , HB199 , HB247 , HB271 , HB286 , HB301 , HB358 , HB359 , HB384 , HB413 , HB428 , HB450 , HB462 , HB547 , HB613 , HB631 , HB657 , HB669 , HB675 , HB680 , HB691 , HB712 , HB716 , HB720 , HB723 , HB727 , HB728 , HB735 , HB747 , HB759 , HB825 , HB842 , HB845 , HB846 , HB903 , HB904 , HB907 , HB923 , HB929 , HB941 , HB962 , HB965 , HB1036 , HB287 , HB370 , HB515 , HB521 , HB570 , HB1200 , HB119 , HB129 , HB677 , HB850

Keywords: condolence resolution, memorial resolution, tribute, sympathy, Joel Parker Sr., Louisiana Senate, rodeo, cowboy, horse trainer, stock and rodeo producer, black cowboy, African American history, community recognition, funeral resolution, celebration of life, Lottie Stampede Arena, Easter Sunday Rodeo, ranching, plantation work, faith community

Summary: The Senate convened with a quorum, heard a guest minister’s prayer and pledge, and then proceeded through the journal, legislative bureau report, and a large number of bills and resolutions. Several Senate resolutions and concurrent resolutions were introduced or laid over, including measures recognizing individuals and events, commemorating the YMCA’s 175th anniversary, and creating or referring study and memorial resolutions. The House also sent over multiple bills, which were introduced and referred to the appropriate committees, covering topics such as court filings, travel reimbursement, public assistance integrity, pregnancy and baby care data protections, alcohol permits, capital-case intellectual disability procedures, and pharmacy benefit manager transparency. The chamber then considered House-returned Senate bills. SB 68, a constitutional amendment concerning Louisiana Supreme Court jurisdiction over attorney disciplinary matters, failed to receive the required votes on concurrence after a 24-10 vote, though the author gave notice. SB 76, dealing with child custody modification standards, was concurred in unanimously. SB 149, on general obligation bond bid requirements, had House amendments rejected and was sent to conference. SB 191, concerning ad valorem tax notice procedures, and SB 196, extending the appeal period for tax assessments, were both concurred in. SB 318, on publication of the tax exemption budget and local reporting, was also concurred in unanimously. The Senate also suspended the rules to recall HB 1017 from the Retirement Committee and recommit it to Judiciary A. During personal privilege remarks, members highlighted Disability Awareness Day, recognized a local award recipient, and provided an update and prayer request for Senator Selders following surgery. The meeting concluded with committee announcements and adjournment to reconvene the following day.

Transcript Highlights:

• The conference report keeps the Senate framework regarding the revenues and where the revenues go.
• The big change was that we agreed to 40% of the revenues to early childhood care and education and 30%
• Speaker, that people are more concerned with tax revenue than they are with the impact of marijuana and
• It relates to public education, early childhood care and education, and child care access calculations
• And again, I circle back to the notion that, tragically, we're more concerned with generating revenue

Keywords: March 14, 2026 - Regular Session Part 2, 976, house, all

Transcript Highlights:

• And then I'll call out as well line 21 based off of the revenue number adopted by this committee and
• by I, um, Based off of the revenue number adopted by this committee and by the Economic Outlook and Revenue
• This supplemental includes funding, one-time funding from the Miscellaneous Revenue Fund, to supplement
• Fund. $100,000 from their water management fund to the Miscellaneous Revenue Fund in the Soil and Water
• This is a request for $106,900 in personnel costs from the miscellaneous revenue fund.

Keywords: 989, all

Summary: The joint Senate Finance and House Appropriations committee heard a series of budget presentations and acted on several FY 2026 and FY 2027 items. Noah Peterson reviewed the General Fund Daily Update, noting large FY 2026 supplemental actions for Medicaid and Corrections that reduced the estimated ending balance, and a FY 2027 outlook that still had room for remaining work. He also flagged several policy bills with fiscal impacts, including county jail per diem changes, a state police bill, and a health and welfare board/position bill. Janet Jessup then walked the committee through Department of Environmental Quality and Soil and Water Conservation actions. The committee approved adding four FTP for DEQ’s solid waste regulatory program and adopted related language transferring $400,000 from the hazardous waste emergency fund to support the new solid waste regulatory fund. It also approved a CREP supplemental for the Soil and Water Conservation Commission and then voted to move the commission from the Department of Agriculture to the Department of Water Resources, including a corresponding reduction in Agriculture and an addition in Water Resources. The committee adopted language to align the new budget structure and approved a one-time $390,000 restoration in the Department of Water Resources to avoid reducing stream-gauging and water-monitoring services. The committee next considered the consolidation of the Office of Species Conservation and the Office of Energy and Mineral Resources into a new Office of Species, Mineral, and Energy Coordination. It approved reductions to the two existing offices and then debated competing motions for the new office. The substitute motion to cut four FTP and reduce spending more deeply failed, while the original motion to reduce two FTP and preserve more staffing for nuclear and mining coordination passed. Members and the agency administrator argued that Idaho needs a stronger “one-stop shop” for nuclear and mining projects, while others emphasized following the policy bill moving through the legislature and capturing consolidation savings. The committee also approved a DOPL budget item for replacement vehicles and IT hardware. Most motions passed with do-pass recommendations, and the committee announced it would meet again the next day; Senate Finance was noted as on hold, while House Appropriations would continue after adjournment.

Transcript Highlights:

• </c><01:44:40.159><c> forecast</c> the revenue forecast the revenue forecast uh uh uh are<01:44:43.440
• </c> scenario for the remaining revenue scenario for the remaining revenue sources. sources. sources.
• </c> same in terms of what the calculation same in terms of what the calculation is,<02:20:00.080><c>
• Uh so we're we're in in the revenues.
• </c> into other taxes other revenue sources. into other taxes other revenue sources.

Keywords: 958, all

Summary: The meeting focused on reaching consensus on official Kentucky revenue estimates for fiscal years 2026 through 2028, using updated S&P Global economic forecasts compared with the September presentation. Staff explained that the updated forecast relied partly on alternative data because of the federal government shutdown, and they walked through changes in national and Kentucky economic assumptions across control, optimistic, and pessimistic scenarios. The control forecast was described as slightly more optimistic in the near term but more cautious in fiscal 2027 and 2028, with GDP growth revised up for the current year and down somewhat in the outer years. The pessimistic scenario now assumed a two-quarter recession beginning in the current quarter, while the optimistic scenario was given a higher probability weight than before. The presenters highlighted several Kentucky-relevant variables that changed since September, including weaker manufacturing employment, weaker housing starts, weaker consumer sentiment, and lower expected non-farm employment in fiscal 2026. At the same time, wage and salary disbursements were revised upward in fiscal 2027, reflecting higher disposable income from tax changes, and real consumer spending was expected to be stronger in the near term. They also discussed assumptions about tariffs, business profits, the Federal Reserve, unemployment, oil prices, retail sales, vehicle sales, exports, and consumer sentiment, noting that some indicators were little changed while others shifted materially. Consumer sentiment was attributed to affordability concerns, tariff impacts, and a general sense of malaise, but was expected to improve in later years from a low base. Members asked follow-up questions about why the forecast worsened in later years and about the consumer sentiment assumptions. Staff responded that the forecast assumed larger take-home pay and refunds from tax withholding changes, along with some easing of tariff effects, which they believed would help offset a negative wealth effect from stock market declines. They also noted that S&P Global’s December forecast, which had already been published, was essentially consistent with the presentation and that the firm believed its earlier assumptions had tracked recent data well. No vote or final action was recorded in the portion provided, but the discussion was aimed at settling the revenue estimates that will underpin the upcoming branch budget bills.

Transcript Highlights:

• All of the funding for this agency comes from general revenue.
• It’s in statute that we have to have a revenue-sharing agreement.
• dedicated and $21.3 million in general revenue.
• And then there's a calculation so they get a partial reimbursement.
• And that's the calculation to give them reimbursement.

Bills: SB 1

Committee: Senate Finance

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards

Summary: The committee heard budget presentations from the Legislative Budget Board and agency officials on several agencies, starting with the Texas Historical Commission. LBB described a large biennial reduction driven mainly by the removal of one-time funding and discussed capital projects, rider changes, and exceptional items including Presidio La Bahia and the National Museum of the Pacific War. Senators asked about heritage trails, courthouse grants, unexpended balance authority, and the status of historical-site funding. Historical Commission leadership emphasized preservation, courthouse restoration, heritage tourism, coordination with the Alamo and other Texas Revolution sites, and requested additional IT, staffing, and vehicle funding. No votes were taken. The committee then reviewed the Pension Review Board and the Employees Retirement System. The Pension Review Board’s budget was largely unchanged aside from IT maintenance and salary adjustments, with an exceptional item for additional IT enhancements. Members discussed the Dallas Police and Fire Pension System’s funding dispute and the need for a workable restoration plan. ERS presented a much larger budget, including funding for the retirement system, the group benefits plan, and the legacy payment intended to reduce unfunded liability. Senators focused heavily on pension investment returns, benchmark comparisons, and rising health-care costs, especially pharmacy spending driven by GLP-1 drugs; ERS said the plan covers about 540,000 lives and that premiums would rise 8% while benefits remain unchanged. ERS also said it had no exceptional items, and committee members requested more detailed benchmark information. The committee also heard from the Texas Emergency Services Retirement System and the Cancer Prevention and Research Institute of Texas. TESSORS reported an unfunded liability, an infinite amortization period, and requested additional state support, staffing, and IT funding, including a statutory change to allow a higher contribution level; the agency warned that without more funding it may have to cut benefits. CEPRIT’s presentation covered its bond-funded cancer research and prevention portfolio, revenue-sharing from funded projects, and a request to increase salary limits for its CEO and chief scientific officer. Senators questioned CEPRIT’s accomplishments and return on investment, while CEPRIT cited screening, prevention, and research outcomes, including tens of thousands of detected cancers and precursors and hundreds of thousands of first-time screenings. The meeting ended after these presentations and questions, with no recorded committee action or vote.

Transcript Highlights:

• . revenues. revenues.
• </c> revenues from in the future. revenues from in the future.
• </c> with the Department of Revenue. with the Department of Revenue.
• </c> Department of Revenue. Department of Revenue.
• </c> Director of the Department of Revenue. Director of the Department of Revenue.

Keywords: 916, all

Summary: The Joint Revenue committee met with a quorum and heard a series of interim topic proposals focused on tax policy. Representative Brown raised two ideas: reinstating an exemption reporting requirement for corporations and entities receiving tax exemptions, with loss of the exemption for the current and prior year if they fail to report, and revising property tax treatment for wind turbines and related infrastructure by shifting the taxed footprint from agricultural to industrial classification. Senator Case and others then discussed energy taxation more broadly, including a possible generation tax for electricity, how to handle large data-center electricity loads, and whether sales tax revenue from very large electrical loads should be shared statewide rather than concentrated locally. The committee referenced prior bills and studies, including House Bill 300 and Senate File 76, and discussed using a mechanism that would keep local electricity bills net neutral while redirecting revenue distribution. The committee also took up problematic gaming and program funding. Senator Case described personal experiences with gambling addiction and the lack of available resources, while the presenter said the topic had been requested in multiple committees and that the biggest concern from House Bill 171 was protecting county and municipal funding. Members discussed whether the issue belonged in Revenue, Health, Labor, or Transportation, and several suggested it should stay with the standing committee handling gaming. Ideas raised included using gaming-related revenue for prevention and treatment, fully funding the 988 lifeline, and creating a broader trust fund for addiction-related services and law enforcement. The committee appeared to agree to continue the topic for educational purposes and to examine taxation of HHR and other gambling activity. Senator Case then proposed a severance tax on wind energy, arguing that wind development creates permanent landscape impacts and that the state should be compensated similarly to coal, oil, and gas extraction. Curt Meier, the state treasurer, supported reviewing lease agreements and said Wyoming should get more from wind resources, noting the state’s unique wind potential and the loss of viewshed. Finally, the committee heard a proposal to reform property tax relief by extending it to motor vehicle registration. Former Revenue director Dan Noble argued that vehicle taxes should be treated like other property taxes, using fair market value, depreciation, the residential assessment ratio, and local mill levies, which he said could provide broad relief but would be expensive, with an estimated fiscal impact of about $120 million. Representative Chestek followed with a related reform proposal based on Pennsylvania’s base-year assessment model, arguing that Wyoming’s current statewide relief measures treat symptoms rather than the underlying problem of rapidly rising local valuations.