Video & Transcript : 'surplus hardware' :

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MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 3/18/25

Higher Education Finance and Policy

Transcript Highlights:
  • also notice in the bill that the commissioner can raise or lower the 25% match level if there is a surplus
  • also notice in the bill that the commissioner can raise or lower the 25% match level if there is a surplus
  • I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting
  • I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting
  • I will agree, um, it is easier when there is a large surplus, and we're very, very grateful for getting
Bills: HF2090, HF982, HF2229
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 2/12/25

Human Services Finance and Policy

Transcript Highlights:
  • The projected $355 million surplus at the end of the 2028-29 biennium leaves some wiggle room for decision
  • The projected $355 million surplus at the end of the 2028-29 biennium leaves some wiggle room for decision
  • projected<01:26:30.280><c> uh</c><01:26:30.320><c> $355</c><01:26:31.119><c> million</c><01:26:31.679><c> surplus
  • </c><01:26:32.679><c> at</c><01:26:32.800><c> the</c> projected uh $355 million surplus at the projected
  • uh $355 million surplus at the end<01:26:33.040><c> of</c><01:26:33.159><c> the</c><01:26:33.320><c>
Keywords: 1183, house
NH

New Hampshire 2025 Regular Session

House Education Funding (04/15/2025)

Transcript Highlights:
  • So there is no surplus. Don't you agree?
  • Da da da da. surplus in the education trust fund, but surplus in the education trust fund, but this<00
  • :52.240><c> minimum</c><00:17:52.720><c> financial</c> surplus that met the minimum financial surplus
  • So, there is no<00:18:16.120><c> surplus.
  • </c> no surplus. Don't you agree? no surplus. Don't you agree?
Keywords: 928, house, all
Summary: The committee first heard Senate Bill 292, which would authorize a governor’s warrant to cover special education aid shortfalls from the education trust fund, and from the general fund if needed, so local school districts would not have to absorb prorated costs or raise local property taxes. Senator Lang said the bill was prompted by a prior $15 million special education funding shortfall caused by higher-than-expected catastrophic aid claims, including more qualifying students and the recent increase in the special education age limit to 22. He emphasized that the bill is intended to ensure the state meets its funding commitment and avoid shifting costs to towns. Members asked about how the bill interacts with House Bill 742 and House Bill 773, including whether the language should be merged or whether the state should fund 100% versus an 80% floor. Lang said he was open to improving the bill and to adding a study committee or performance audit on special education costs, but maintained that the state should not push costs to local taxpayers when it has available funds. The hearing on SB 292 was then closed, with no vote taken. The committee then opened Senate Bill 98, which would extend for five more years a tax credit program for donations to regional career and technical education centers. Senator Waters said the program has been successful in building partnerships between CTE centers and employers, especially through equipment donations that support training and apprenticeships. He cited examples including automotive, marine trades, and advanced manufacturing programs, and said the five-year extension would let lawmakers continue to review whether the incentive is working as intended. Several members questioned whether the credit is effectively a 100% subsidy and how the cap works. Waters and another member explained that the underlying program has an aggregate cap of $500,000 and that credits are prorated if requests exceed that amount; they also said the donations are primarily equipment, not cash. Some members raised concerns about whether businesses could also claim other tax deductions or credits, but the sponsor said the existing structure has been in place for years and has been revisited periodically. No vote was taken during the hearing excerpt provided.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm

Joint Committee on Transportation

Transcript Highlights:
  • the state's historic $10 million investment in a new microtransit grant program funded through the surplus
  • This bill creates a commission... micro transit grant program funded through the surplus surtax revenue
Keywords: 995, all
Summary: The committee heard testimony on a wide range of transportation bills focused on rural microtransit, commuter rail fares and service, rail electrification, climate alignment, and safety. Several speakers supported H. 4054 and related microtransit proposals, arguing that rural communities need stable, permanent funding for services like the Tri-Town Connector and Quaboag Connector, which have strong ridership, high satisfaction, and measurable economic and health benefits. Testimony also supported a commission bill to study microtransit funding and definitions, with witnesses emphasizing that current grant programs are helpful but short-term and insufficient for long-term service planning. A major theme was commuter rail equity and expansion. Boston-area officials and advocates backed bills to make all Boston commuter rail stations Zone 1A, citing large fare disparities between nearby stations in Hyde Park, Roslindale, and Readville. Related testimony supported studying an Orange Line extension from Forest Hills to Roslindale Square and expanding The Ride to Foxborough, as well as restoring commuter rail service to Cape Cod via Middleborough to Buzzards Bay and beyond. Speakers said these projects would improve access, reduce car dependence, and better serve neighborhoods and regions that currently face limited rapid transit options. Multiple panels urged action on electrification and climate-focused transportation planning, including H. 3726, the Freedom to Move Act, and bills to electrify commuter rail, buses, school buses, and public fleets. Advocates from environmental, transit, and public health groups said transportation is the state’s largest emissions source and argued that statutory goals, coordinated planning, and streamlined permitting are needed to speed decarbonization while improving safety, affordability, and reliability. The committee also heard support for a bill to streamline rail electrification permitting, a bill to exempt certain transit projects from MEPA review, and a bill to improve commuter rail pedestrian safety with gates, fencing, and warning devices at at-grade crossings. No votes were taken during the hearing.
AR

Arkansas 2026 Regular Session

JOINT BUDGET COMMITTEE Apr 14th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • There's DFA for the pregnancy transfers from general revenue allotment reserve, which is a surplus transfer
  • There's DFA for the pregnancy transfers from general revenue allotment reserve, which is a surplus transfer
Keywords: 1204, all
NE

Nebraska 2025-2026 Regular Session

Legislative Morning Session Apr 9th, 2026

Nebraska Unicameral Floor Meeting

LA

Louisiana 2026 Regular Session

House of Representatives Mar 26th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • House Bill 904, by Representative Bamburg, captive insurers, provide for capital surplus requirements
  • House Bill 904, by Representative Bamburg, captive insurers, provide for capital surplus requirements
Summary: The House convened with a quorum, heard a prayer and pledge, adopted the journal, and received Senate messages, committee reports, and a large number of bill introductions and committee referrals. Several resolutions were adopted without objection, including condolences, commendations, and designations such as Jeanerette as the French bread capital of Louisiana and recognition of Women’s History Month. The chamber also received numerous House and Senate bills for referral, many involving retirement systems, education, transportation, criminal justice, natural resources, and local government matters. The floor then moved through a long series of House bills, with many local and retirement measures passing unanimously or near-unanimously. Among the bills discussed were changes to retirement systems for district attorneys, clerks of court, sheriffs and deputies, assessors, and municipal police employees; local court jurisdiction and commissioner authority; bankruptcy and succession thresholds; civil procedure revisions; and measures on election administration, public records, seafood labeling and safety, state symbols, and OMV fees. Members asked questions on several bills, especially about fiscal impact, retirement governance, and procedural changes, but most bills advanced with little opposition. A few bills were returned to the calendar, including HB 9, HB 61, HB 126, HB 185, HB 233, HB 284, HB 301, HB 436, HB 468, HB 582, HB 613, and HB 722. The House also considered bills affecting education, labor, health, and public safety, including employment certificates for minors, student questionnaires and hazing procedures, a state seal of fine arts diploma, Louisiana Works reauthorization, naloxone immunity, veterans’ medical-record fee waivers, and a bill creating a privacy protection act for sex offense victims. Several measures drew brief debate over fairness, administrative burden, or humanitarian concerns, such as a bill requiring a Rule 10.1 conference before requests for admissions are deemed admitted, and a bill allowing OMV fee waivers in emergency or humanitarian situations. Most of the bills taken up on the floor passed, often by wide margins, with a few receiving a small number of dissenting votes.
LA

Louisiana 2026 Regular Session

House of Representatives Mar 26th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Sanborn, captive insurers, provide for capital surplus requirements, deposits, prohibit insuring certain
  • Sanborn, captive insurers, provide for capital surplus requirements, deposits, prohibit insuring certain
CA
Transcript Highlights:
  • So we've got a state surplus site at the Napa State Hospital that has just been made available as affordable
  • We've also, you know, inherited issues with the Surplus Land Act.
Summary: The committee held an outcomes review hearing on AB 457 and related farmworker and rural housing policy, with members and witnesses discussing whether recent streamlining laws are actually increasing production. Chair Haney, Assembly Members Soria and Pellerin, and others described the purpose of AB 457 and its predecessor bills AB 1783 and AB 3035: to make farmworker housing easier to build through ministerial approval and other reforms. Witnesses emphasized that farmworkers face severe overcrowding, high rents, long commutes, and limited access to housing in both rural and coastal agricultural regions. The first panel focused on practical barriers and local models. Napa County described its county-owned farmworker centers, which provide nightly lodging, meals, and services, funded by lodger fees, a grower assessment, and state support. Testimony stressed that these centers function as navigation hubs rather than permanent housing, and that stable, inflation-adjusted operating funding, language access, transportation, and local set-asides are critical. United Farm Workers urged that local farmworkers be prioritized over H-2A workers and warned against displacing long-term resident workers. Several witnesses said the biggest barriers remain infrastructure, land costs, local opposition, and insufficient subsidy rather than approval streamlining alone. The second and third panels addressed AB 457’s implementation and broader state funding issues. Santa Clara County said the bill could help on a county-owned Gilroy site, but financing remains the main obstacle. Self-Help Enterprises said AB 457’s expanded geography and project-size rules may help future sites, but rural projects still struggle with water, sewer, and environmental review costs, and with the state’s Super NOFA process, which tends to favor deeper-income projects that do not match farmworker household incomes. HCD reported that CERNA and other programs have increased farmworker housing production in recent years, but witnesses argued that rural regions still receive too little funding, that infrastructure dollars are too fragmented, and that more rural-specific set-asides, local funding incentives, and predictable allocations are needed. No votes or formal actions were taken during the hearing.
VA

Virginia 2026 Regular Session

March 06, 2026 - Regular Session

Virginia House Floor Meeting

Transcript Highlights:
  • Bill 1130 relates to workforce housing for employees of a locality or school board and the lease of surplus
  • Bill 1130 relates to workforce housing for employees of a locality or school board and the lease of surplus
MN

Minnesota 2025-2026 Regular Session

House Republican Press Conference 2/16/26

Transcript Highlights:
  • Minnesotans have had a hard couple of years with Democrats spending an entire $18 billion surplus and
  • heard just a little while ago from Leader Niska, as we have been talking about, we had an $18 billion surplus
Keywords: 919, house, all
Summary: House Republican leaders outlined their agenda for the tied legislative session, saying their priorities are to stop fraud, make Minnesota more affordable, safer, and more competitive, and reduce mandates while raising education standards. They highlighted several planned bills, including an independent inspector general (HF 1), a “Fraud Isn’t Free” measure to impose consequences on agencies and commissioners that allow fraud, and statutory guidelines for high-fraud-risk programs. They also said they want to lower health care costs through a permanent reinsurance program and cost defrayal for new mandates, study property tax increases, conform state tax law to federal changes on tips, overtime, and scholarship tax credits, and avoid any tax increases. On public safety, Republicans said they will pursue tougher penalties for repeat offenders and repeat gun crimes, judicial accountability, and a school safety package that would support public and nonpublic schools, school safety personnel, and facility improvements. In education, they emphasized school choice tax credits, reading proficiency, and curriculum focused on basic academic fundamentals. They also said they want to protect and expand mining, reform permitting, end the nuclear moratorium, and make the state more attractive to businesses. On housing, one member said they are working on a more targeted affordable housing package rather than a broad sweeping bill. A substantial portion of the discussion focused on immigration and cooperation with federal authorities. Republicans said they want a statewide framework for local law enforcement cooperation with federal immigration enforcement, referencing House File 16 and saying they are open to changes and bipartisan work. They argued that local and state cooperation would improve safety and prevent situations where criminal suspects are released into the community. They also said Democrats have blocked similar efforts in committee and on the House floor. In response to questions, leaders said there is no current appetite for sports betting, bonding will be discussed but there are no promises, and they do not support the 2024 omnibus bill model. They said they are not interested in vaccine mandates, but will consider Medicaid funding impacts and other health-related proposals if bills are introduced. They also said election integrity measures such as voter ID, provisional ballots, and voter-roll cleanup will remain priorities. Throughout, leaders said they expect a bipartisan process in the tied House and expressed hope that both parties can work together on some issues.
ID

Idaho 2026 Regular Session

Agenda Feb 6th, 2026

Transcript Highlights:
  • that this committee has picked, my motion is structurally balanced with $31 million in an ongoing surplus
  • that this committee has picked, my motion is structurally balanced with $31 million in an ongoing surplus
Keywords: 989, all
Summary: The committee first received a briefing on the updated “green sheet” budget materials and how to read the FY 2027 columns, along with a review of several bills with fiscal impacts, including HB 503, HB 556, HB 559, and HB 578. Staff explained where the documents could be found online and answered questions about the timing and size of the bills’ fiscal effects, including the tax conformity bill and county jail reimbursement changes. The main business was the 2026 Idaho Budget Rescissions Act. Members debated whether to adopt the governor’s 3% rescission, add an additional 1% reduction, or add an additional 2% reduction. Supporters of deeper cuts argued the state needed structural balance, a larger ending balance, and a response to revenue uncertainty and the pending tax conformity bill. Opponents said across-the-board cuts were too blunt, could harm Medicaid, education, public safety, and other programs, and should be handled agency by agency. The committee first rejected the 1% and 2% substitute motions, then approved the governor’s 3% rescission motion on a due-pass recommendation. The committee then approved a transfer of $22,366,500 from the Public School Income Fund to the General Fund, with the motion passing after a roll call vote. It next took up statewide decisions, starting with ongoing base reductions for selected state agencies. After debate over whether the reductions should be 3%, 4%, or 5%, the committee rejected the higher-cut substitutes and approved the governor’s 3% base reduction recommendation. Members emphasized that the work groups would still have flexibility to adjust individual agency budgets later. Finally, the committee considered personnel benefit cost increases for FY 2027. Staff explained the proposed health insurance and other variable-rate adjustments, and members debated whether to use the governor’s recommendation or a DOGE Working Group recommendation that slightly changed the funding mix and total. The governor’s recommendation was defended as more consistent with prior employee-benefit review practice, while supporters of the DOGE proposal said it would tighten legislative control over funding. The governor’s recommendation was ultimately rejected, and the committee moved on after the roll call votes on the competing motions.
ID

Idaho 2026 Regular Session

Agenda Feb 2nd, 2026

Transcript Highlights:
  • They ignored the fact that the surplus ...took full credit for their great fiscal wisdom.
  • They ignored the fact that the surplus was really due to one-time federal pandemic funding, one from
Summary: The House Revenue and Taxation Committee heard House Bill 559, which would conform Idaho tax law to portions of the federal “One Big Beautiful Bill,” including changes affecting individual tax cuts, senior deductions, overtime and tips, and business research and experimentation expensing. Representative Jeff Ehlers, the sponsor, argued the bill is primarily a tax cut for Idahoans, said the fiscal note of about $155 million was reasonable, and emphasized that the bill does not conform to bonus depreciation. He also said the bill spreads some corporate impacts over time and that the measure is about tax conformity rather than budgeting. Committee members questioned the sponsor closely about the research and experimentation provisions, the timing of deductions, and whether the bill would affect the current budget year or require cuts elsewhere. Ehlers said some business tax effects would “wash out” because of timing, that some taxpayers may have underpaid in anticipation of conformity, and that any budget decisions would be handled by JFAC rather than this committee. He also said interest and penalties would apply to underpayments like any other tax liability. During closing, he reiterated that the bill’s revenue impact was already reflected in the fiscal note and that the measure benefits individuals more than businesses overall. Public testimony was sharply divided. Supporters such as Ron Nate, Ken McClure, Mark Wynn, and Miguel Legoretta urged conformity for simplicity, filing clarity, and tax competitiveness, though some of them criticized the bill for not fully conforming on the business side or for eliminating the state R&D credit. Opponents, including seniors, taxpayers, disability advocates, mental health advocates, and faith-based speakers, argued the bill’s cost was uncertain, could worsen budget pressures, and could lead to cuts to Medicaid, education, and other services. After testimony and debate, Representative Monks moved HB 559 to the floor with a due pass recommendation; the motion was debated by several members, with concerns raised about uncertain fiscal impacts and possible service cuts.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 15th, 2026 at 01:32 pm

House Appropriations & Finance

Transcript Highlights:
  • the PS calc the analysis of the personal services cost for the agency, where, we're showing a small surplus
  • Division is comprised of both the Aviation Bureau, the Central Fleet Authority, and the Division for Surplus
Keywords: 996, all
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Dec 15th, 2025 at 09:14 am

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • And so the consensus group looked at how to treat this one-time surplus spike in revenue and coded it
  • sessions because of that total capacity available And then you have just charted out for you the surplus
Keywords: 996, all
NM
Transcript Highlights:
  • You can see the surplus and deficit may be better charted for you on the far right here.
  • Surplus in 2024 is about $168 million; deficit in 2025.
Keywords: 996, all
FL
Transcript Highlights:
  • million: $12 million was supposed to be general government impact fees, $8 million being the permit surplus
  • I don't understand how we're building $20 million with impact fees and using $8 million of permit surplus
Summary: The committee first took up a long-running audit finding involving the City of Daytona Beach’s unexpended building permit fund balance, which has exceeded the statutory cap for several years and was reported at $10.8 million in the latest audit. Mayor Derek Henry and city staff said the city had analyzed the fund, adopted a corrective action plan, waived more than $5.5 million in permit and inspection fees, used some excess funds for a training facility rehabilitation, and is pursuing a $9.4 million City Hall expansion that they say is allowed under a November 2024 Attorney General opinion permitting construction of a building to house the building code enforcement function. Committee members repeatedly questioned whether the city was simply trying to spend down the money, whether the proposed uses were truly lawful, why the balance kept growing despite fee waivers, and where the interest earnings were going. The mayor and deputy city manager said the city’s growth and staffing needs justified the plan, but several members expressed frustration and skepticism. A public commenter also urged accountability and raised concerns about the city’s spending plans and the size of the remaining balance. The committee then received an Auditor General presentation on the Town of Greenville, which found 31 operational audit findings and described pervasive control failures, possible fraud, waste, and abuse. The findings included election paperwork problems that left a council seat vacant, conflicts of interest, late financial disclosure filings, related-party transactions, inadequate meeting notices and minutes, quorum and voting documentation problems, council members’ involvement in day-to-day operations, missing ethics training, budget adoption and monitoring deficiencies, inaccurate accounting records and bank reconciliations, utility billing and rate issues, grant compliance problems tied to an unfinished grocery store project, weak personnel and contracting controls, improper severance and compensation issues, late vendor payments, weak procurement and P-card controls, vehicle-use and property-control weaknesses, poor public records access, and IT access and fraud-policy gaps. Greenville’s mayor and staff said the audit largely reflected the prior administration and that the current council and staff are taking corrective action. They said the town terminated the former manager, adopted seven new policies since the audit began, and is working with the Auditor General to improve procurement, financial controls, inventory management, grant oversight, and ethics compliance. The town attorney said he had alerted federal authorities earlier about concerns, and committee members noted that FDLE has received a criminal referral and is investigating. Several members praised the new leadership’s cooperation but also suggested the town consider consolidation or dissolution if problems persist.
CA
Transcript Highlights:
  • trade imbalance is bad for the... ...country that has the deficit and good for the country that has a surplus
  • , basically that the surplus country is the winner and the deficit country is a loser.
Summary: The Assembly Select Committee on Asia, California, Trade and Investment held its first informational hearing to examine California’s economic ties with Asia, the effects of federal tariffs, and ways the state can strengthen trade, investment, tourism, and subnational diplomacy. Chair Jessica Caloza opened by emphasizing California’s role as the world’s fourth-largest economy and a major exporter to Asia, and several members and guests highlighted the importance of AAPI communities, sister-city relationships, and coordinated state outreach. Lieutenant Governor Eleni Kounalakis described California’s trade missions, APEC hosting, and ongoing climate and trade partnerships, while Japan’s deputy consul general underscored Japan’s role as a major investor and trading partner and encouraged continued engagement. The first panel, featuring leaders from the Los Angeles County Economic Development Corporation/World Trade Center Los Angeles, the San Francisco Chamber of Commerce, and Visit California, focused on trade, tourism, and investment trends. Witnesses said tariffs and federal uncertainty are disrupting logistics, manufacturing, business travel, higher education, and tourism, with particular concern about port activity, international student declines, and reduced visitation from Asia. They urged California to remain “open for business,” invest in promotion and infrastructure, and use trade missions, MOUs, and sister-city ties to maintain relationships and attract investment. The second panel, with economist Kyle Handley and trade expert Glenn Fukushima, focused on the mechanics and consequences of tariffs. Both said tariffs function as taxes on importers and consumers, raise costs for businesses, and create uncertainty that delays investment, hiring, and supply-chain decisions. They warned that California is especially exposed because of its ports, cross-border trade, and reliance on global supply chains, and said new federal vessel fees and shifting trade routes could divert commerce away from California. They argued that the long-term damage includes lost growth and reduced U.S. credibility, and recommended that California “tariff-proof” its economy through faster ports, better infrastructure, export assistance, and reduced permitting barriers. In the final panel, representatives from the San Diego Regional Chamber of Commerce, Asian Business Association California, and the Small Business Development Center emphasized future opportunities and the needs of small businesses. They said California should deepen ties with Asia through conventions, tourism, and sector-specific partnerships in life sciences, clean tech, semiconductors, hospitality, and small business trade. The witnesses stressed that small and minority-owned businesses need more access to trade missions, capital, technical assistance, and state support, and that California’s economic strength depends on coordinated efforts across regions and industries.
MN

Minnesota 2025-2026 Regular Session

House Republican Press Conference 5/6/25

Transcript Highlights:
  • you also had a smaller budget to work with, and I can foresee another session where there's a big surplus
  • you also had a smaller budget to work with, and I can foresee another session where there's a big surplus
Keywords: 919, house, all
Summary: House Fraud and State Agency Oversight Chair Kristen Robbins and Vice Chair Patti Anderson reviewed the committee’s first session, saying its work focused on exposing fraud, identifying gaps in statute and agency tools, and creating a public whistleblower portal (mnfraud.com). Robbins said the committee helped drive bipartisan opposition to legislatively named grants/earmarks, and that committee testimony from agencies, the Office of Legislative Auditor, and the Office of Grants Management led to late-session committee bills on issues such as a state kickback statute and required grants-management training. She also said the portal received 530 submissions in its first week, which the committee will review over the interim. Members emphasized the need for stronger statewide oversight of grants and fraud prevention. Anderson said existing agency inspector general structures have not worked well and described a bipartisan effort to create a statewide Office of Inspector General with full investigatory authority. Robbins said the Senate version was moving through finance and expected on the floor soon, with the governor indicating he would sign it. Walter Hudson argued that hearings showed agencies often focus on paperwork and compliance checkboxes rather than actually preventing fraud, citing conflict-of-interest attestations and the Feeding Our Future-related testimony as examples. Jim Nash said the state government finance bill includes funding for anti-fraud efforts through the Office of the Auditor and related provisions. In response to questions, Robbins said the committee tried to remain bipartisan despite a 5-3 Republican majority, and that members had handed significant allegations to law enforcement when appropriate. She said the committee did not need subpoena power this session because it is an oversight body, not a law-enforcement body. On legislatively named grants, Robbins said the goal is to change legislative culture rather than impose a formal ban, and she expects future policy to require front-end risk review, 990 review, and capacity checks before such grants are approved. Anderson added that the House and Senate versions of the inspector general bill differ on branch placement and law-enforcement authority, and that the House will decide whether to accept the Senate version once it comes back from finance and the floor.