Video & Transcript Research : 'Afternoon session of Finance Division I'

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NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 05:47 pm

Senate Finance

Transcript Highlights:
  • So I know it's a pot of money, but I think it's problematic. I could be wrong.
  • Again, I think they're two different animals. I mean, the color of money is the same.
  • Well, I would say split the difference. I mean, you know, that way they get a big chunk of money.
  • I mean, I think Senator Padilla and I maybe have a good say in this of what happens with the State Fair
  • Senator, I feel like... I feel like this is going to just unleash a whole bunch of bad judgment.
Bills: SB190, HB247, HB8
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 10:24 am

Senate Finance

Transcript Highlights:
  • I looked at the amount of interest we're going to have to pay.
  • Chair, members of the committee, so this amendment was requested by the Board of Finance.
  • So this amendment was requested by the Board of Finance within the Department of Finance and Administration
  • I'm the director of the State Board of Finance. Okay.
  • I mean, the one of Camino Real, I think that's the one that's a coral, right?
Bills: SB190, HB247, HB8
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026

House Appropriations & Finance

Transcript Highlights:
  • So I know it's a pot of money, but I think it's problematic. I could be wrong.
  • Again, I think they're two different animals. I mean, the color of money is the same.
  • Well, I would say split the difference. I mean, you know, that way they get a big chunk of money.
  • Chair, I mean, I think Senator Padilla and I maybe have a good say in this of what happens with the State
  • Senator, I feel like... I feel like this is going to just unleash a whole bunch of bad judgment.
Bills: SB190, HB247, HB2, HB8
Summary: The committee reviewed drafting instructions and spending sheets for House Bill 2, focusing on both recurring and nonrecurring appropriations, reserve levels, and several late changes. Staff explained that the package would leave reserves around 28% under the current scenario, with the possibility of rising to about 30% if a separate natural disaster reform bill is enacted. Members discussed how disaster funding would be handled through a replacement Section 8 and the appropriation contingency fund, and whether the operating reserve could be tapped with explicit authorization. There was also clarification on fund types, including other state funds and interagency transfers, and on how line items were reflected in the spreadsheets. A major point of debate was how to offset additions by reducing funding elsewhere. Members discussed shifting money from the state fair/multipurpose arena request, the Office of Natural Resources Trustee, and other capital items to accommodate changes. Several senators raised concerns about cutting the Office of Natural Resources Trustee too deeply and about the purpose of those funds, including possible land purchases and floodplain mitigation in Ruidoso. The committee also discussed whether the state fair money should be reduced, with some members supporting a $25 million restoration and others preferring to leave the executive’s request intact. Staff noted that some reductions were not true cuts but swaps or offsets, such as moving local road money and using excess capital outlay reserves. Other corrections and policy items were addressed, including an increase for UNM and NMSU stadium funding, a correction to a project distribution on line 105, and funding for the Health Council. Members also noted that the public employee 1% raise was no longer funded because recurring capacity was used elsewhere, and that no COLA was included. After discussion, Senator Woods moved to adopt the drafting instructions, Senator Gonzalez seconded, and the motion passed without objection. The committee then directed staff to prepare a catch-up cleanup version of House Bill 2 for later review and said House Bill 8 would be taken up the next morning.
NM

New Mexico 2026 Regular Session

Senate - Conservation Feb 5th, 2026 at 09:09 am

Senate Conservation

Transcript Highlights:
  • And I also enjoy being informed of things that I haven't been informed of because I didn't know about
  • Good afternoon. I said, Ms. Chairman, I'm Link Crawford, the mayor of the Village of Ruidoso.
  • I am Fernando Martinez. I'm the deputy director of the New Mexico Finance Authority.
  • I am Fernando Martinez. I'm the Deputy Director of the New Mexico Finance Authority. Thank you, Mr.
  • So I stand in support of this bill... Acequia. So I stand in support of this bill.
Bills: SB154, SB187, SB193, SM3
NM

New Mexico 2026 Regular Session

Senate - Conservation Feb 5th, 2026

Senate Conservation

Transcript Highlights:
  • And I also enjoy being informed of things that I haven't been informed of because I didn't know about
  • Do I have to have coverage for things that I know I have no risk of?
  • Do I have to have coverage for things that I know I have no risk of?
  • I am Fernando Martinez. I'm the Deputy Director of the New Mexico Finance Authority.
  • I am Fernando Martinez. I'm the Deputy Director of the New Mexico Finance Authority. Thank you, Mr.
Bills: SB154, SB187, SB193, SM3
Summary: The Senate Conservation Committee first took up Senate Memorial 3, presented by Senator O’Malley on behalf of Senator Bergman and a group of Rio Doso High School students and Wild Friends. The memorial asks state agencies to participate in a no-cost workshop on insect identification, ecology, monitoring, and management, and to help educate the public about insects. Students, conservation specialists, and an entomologist testified that insects are essential to pollination, ecosystems, agriculture, and biodiversity, while also noting declining insect populations and the need for more public understanding. Some senators raised concerns about the memorial’s wording, including whether it should be broadened from insects to arthropods and whether the Department of Agriculture, rather than Game and Fish, should be involved. The committee discussed timing and implementation, and the sponsor agreed to work on amendments. The memorial passed on a due pass motion by a vote of 8-0, with one excused. The committee then heard Senate Bill 154, which would require wildfire-related homeowners coverage to include flood damage caused by post-fire conditions for a five-year period. Senator Duhigg and the Office of the Superintendent of Insurance argued the bill responds to the Ruidoso fires and subsequent flooding, noting that many homes were destroyed by mudslides and that flood insurance is often unavailable or inadequate. Supporters, including Ruidoso officials, affected residents, and attorneys, said the bill would help homeowners recover from cascading wildfire and flood losses. Opponents from the insurance industry and business groups warned the bill would be an outlier, could significantly raise premiums, and might reduce availability of homeowners insurance statewide. Committee members questioned how the mandate would work, whether it should be optional, and how costs would be allocated. The bill passed on a 5-4 vote. Finally, the committee briefly heard Senate Bill 187, which appropriates $202,000 from the general fund to the New Mexico Finance Authority’s Water Project Fund for future water projects authorized by the legislature. The Finance Authority said the funding would help address a gap between available money and the 113 recommended projects, totaling about $522 million, including water conservation, flood prevention, storage, wastewater, and watershed projects. Members asked for more detail on the locations and types of projects, and the Finance Authority said it would provide the list from the companion authorization bill. The committee then moved the bill forward on a do pass motion.
TX
Transcript Highlights:
  • We thank you for each of our elected officials.
  • Father, Please give them a knowledge of each situation.
  • I pledge allegiance. I. Yes. Schofield, for what purpose? Parliamentary inquiry.
  • Do not go very far, as I believe our governor will be calling us back for another special session very
  • Garin moves that the House of Representatives of the First Called Session of the Eighty-Ninth Legislature
Bills: HB4, HB1, HB2, HB20, HB19, HB18
Summary: The House convened with a strict roll-call enforcement request, but only 95 members were present, so a quorum was not present. The chamber heard an invocation from Furman Carpenter, DPS chaplain, followed by the pledges to the U.S. and Texas flags. A member raised a parliamentary inquiry asking whether members must be present to make a motion and whether all members who requested strict enforcement were present; the Speaker said he would need to check the journal. The Speaker then announced that the House was about to receive a motion to adjourn sine die and noted that the governor might call another special session soon. Representative Garin moved that the House of Representatives of the First Called Session of the Eighty-Ninth Legislature adjourn sine die. There was no objection, and the motion carried, ending the session.
TX

Texas 89th 1st C.S.

Disaster Preparedness & Flooding, Select Aug 5th, 2025

Disaster Preparedness & Flooding, Select

Transcript Highlights:
  • I think people expect everything of all of us.
  • I kind of jump in front of you.
  • the top of my head, I, I, I don't know precisely.
  • I, I, I, I wonder if, Since we have a prime example of higher education entities, be it University of
  • session, um, frankly, I didn't do a very good job of making sure members who had concerns about it.
Bills: HB1, HB 2, HB18, HB19, HB20
TX

Texas 89th 2nd C.S.

State Affairs Sep 3rd, 2025

State Affairs

Transcript Highlights:
  • I have a hard time seeing how this bill actually does anything in it because I don't know of a time that
  • So I just don't think that alone kind of neuters the bill and, and, and makes it kind of.
  • I, uh, only thing I can tell you is that, you know, some of the things that it would prohibit would be
  • I rise in strong support of House Bill 18.
  • heard this, but I want to make sure, uh, members of this committee and our staffs and members of the
Bills: HB18
TX

Texas 89th 2nd C.S.

Elections Aug 25th, 2025

Elections

Transcript Highlights:
  • that are during the legislative session, it's all of us.
  • OK, so I guess Once again, I just want to go back to the vagueness of this and the kind of the language
  • I think it's addressing a concern of constituents across the state of Texas.
  • OK, I guess I just want to go back to the duplicate duplication of enforcement, right?
  • I actually am kind of in favor of that, yes, because the fact of the matter is that the special session
Bills: HB18
TX
Transcript Highlights:
  • We’re on the same page in a lot of areas. I think we both joined.
  • Any amount of money, it doesn't matter. So I just don't think that alone kind of neuters the bill.
  • I'm a big fan of your Senate Bill; that's why I joined.
  • I think one of the examples that Senator Hall...
  • I mentioned something, and many of you heard this, but I want to make sure members of this committee,
Bills: HB18
TX

Texas 89th Regular

Elections Aug 25th, 2025

Elections

Transcript Highlights:
  • Chairman Shaheen, I just have a couple of questions.
  • Okay, so I guess, once again, I just want to go back to the vagueness of this and kind of the language
  • I think it's addressing a concern of constituents across the state of Texas.
  • I absolutely do believe that, but I feel like that should... ...be during a normal session.
  • I actually am kind of in favor of that, yes, because the fact of the matter is that the special session
Bills: HB18
TX

Texas 89th Regular

Disaster Preparedness & Flooding, Select Aug 5th, 2025

Disaster Preparedness & Flooding, Select

Transcript Highlights:
  • No, if you have something— I just thought you were done; I kind of jumped in front of you.
  • Thank you, and I think that's kind of crystallizing what I was saying.
  • The last time I met with all of them, I met with them several years ago.
  • I believe that, and some of us are highly trained and capable of doing that.
  • When we looked at the bill during the regular session, frankly, I didn't do a very good job of making
Bills: HB2, HB1, HB18, HB19, HB20, HB1, HB 2, HB18, HB19, HB20
TX

Texas 89th 2nd C.S.

Elections Aug 25th, 2025 at 11:08 am

Elections

Transcript Highlights:
  • Chairman Shaheen, I just have a couple of questions.
  • I think it's addressing a concern of constituents across the state of Texas.
  • I guess I just want to go back to the duplicate of enforcement, right?
  • But I do not believe that during a special session, you should be allowed to leave half of that time
  • I actually am kind of in favor of that.
Bills: HB18
Summary: The meeting of the committee focused on the discussions surrounding HB18, which aims to prevent legislators from financially benefiting when they break quorum. Chairman Shaheen emphasized that this bill addresses the integrity of the Texas legislature and responds to constituent concerns about lawmakers being absent and raising funds simultaneously. Throughout the meeting, members discussed the implications of enforcing penalties for breaking quorum and the balance between legislative strategy and financial transparency. Various representatives expressed their views, with some supporting the bill for enhancing accountability, while others argued that it imposes unfair restrictions on a constitutional tactic historically used by minority factions.
TX

Texas 89th 2nd C.S.

State Affairs Aug 26th, 2025

State Affairs

Transcript Highlights:
  • the date of final adjournment of the special legislative session.
  • And um and then she made a comment she said I hope this reduces the number of special sessions.
  • I hope she's right because I think that would also potentially help reduce the number of special sessions
  • it is, you know, I think some of the, the bills we've got here in this special session, um, are, are
  • I would ask you, uh, just as a point of information, I, I remember the question of, uh, If the legislature
Bills: SB 53, SB 54, HB16, SB 19
TX
Transcript Highlights:
  • Thank you so much, Father, for the State of Texas.
  • I pledge allegiance to the flag of the United States of America. and to the Republic for which it stands
  • And for the good of the United States of America and for the good of the State of Texas, my state, and
  • As I believe our governor will be calling us back for another special session very, very soon. Mr.
  • Guillen moves that the House of Representatives of the first called session of the 89th Legislature stand
TX
Transcript Highlights:
  • In accordance with the proclamation of the Honorable Greg Abbott, Governor of Texas, I call the House
  • of Representatives of the 89th Legislature, Second Called Session to order.
  • I recognize the Honorable Jeff Leach of Brazoria County to lead us in the Pledges of Allegiance to the
  • I pledge allegiance to the flag of the United States of America and to the Republic for which it stands
  • This order shall be continued beyond the adjournment of today's session until the Order of the House.