Video & Transcript Research : 'excess proceeds'

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AZ

Arizona 2026 Regular Session

02/11/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Please proceed.
  • Please proceed.
  • Chair, please proceed.
  • Speaker, please proceed. Please proceed. Sorry about that.
  • Chair, please proceed.
Summary: The committee first heard House Bill 2780, a technical cleanup measure related to Arizona’s judicial tax lien foreclosure and excess proceeds process. The sponsor and a witness said the bill clarifies when a court should order a public sale, standardizes distribution of sale proceeds, and corrects inconsistencies left from prior reforms. No opposition was raised, and the committee approved HB 2780 unanimously on a 9-0 do pass vote. The committee then took up House Bill 4029, which would require the Governor’s Office of Strategic Planning and Budgeting and the Joint Legislative Budget Committee to evaluate the revenue impact of federal tax conformity changes earlier in the process, and would require the Department of Revenue to issue tax forms consistent with statute. An amendment was adopted to have OSPB and JLBC each make the evaluation and to require a governor’s report if the impact is $100 million or more, along with new reporting deadlines for DOR. Supporters argued the bill would force earlier action on conformity and prevent tax forms from diverging from statute; opponents said it added bureaucracy and could delay filing. The committee approved HB 4029 as amended by a 5-4 vote. The committee also heard House Bill 4030 and the related HCR 2052, both aimed at limiting local tax and fee increases. HB 4030 would bar municipalities and counties from adopting, imposing, or collecting increased fees, transaction privilege taxes, and utility rates from July 1, 2026, through June 30, 2030. The sponsor said the measure was intended to protect taxpayers from inflation and rising local costs. Cities, counties, and utility representatives opposed the bills, warning they would hinder infrastructure financing, water and wastewater projects, road improvements, and public safety services, and could force general fund subsidies or delayed maintenance. Supporters argued local governments have seen substantial revenue growth and should be restrained from further increases. The committee did not reach a final vote on HB 4030 or HCR 2052 in the portion provided.
TX

Texas 89th Regular

Energy Resources Apr 14th, 2025

Energy Resources

Transcript Highlights:
  • All right, seeing none, we'll proceed to testimony.
  • You may proceed. ...with your testimony, sir.
  • You may proceed with your testimony, ma'am.
  • You may proceed with your testimony, sir.
  • You may proceed with your testimony. Thank you.
TX

Texas 89th Regular

Energy Resources Apr 14th, 2025

Energy Resources

AZ

Arizona 2026 Regular Session

03/23/2026 - Senate Finance

Finance

Transcript Highlights:
  • proceeds is reasonable.
  • the opening bid amount and timeline of an excess proceeds sale.
  • , and those bond proceeds... ...the money to fund that construction contract is the bond proceeds, and
  • those bond proceeds, the amount of those bond proceeds, were dictated by what the GMP was.
  • The bill removes a school district's authority to spend proceeds from the lease of school property on
Summary: The Senate Finance Committee approved the minutes from March 16, 2026, then heard testimony on a series of bills, with the chair noting that testimony and votes would be handled in batches because members were coming and going. HB 2939 would raise the rural qualified facilities tax credit from $20,000 to $25,000 per job for certain projects with initial investment under $2 billion. Lucid Motors supported the change as a tool to attract manufacturing jobs to rural Arizona, while opponents questioned whether the higher credit would actually create new jobs and pointed to a fiscal note that could reach $48 million. The committee later passed the bill 5-2. HB 2950 would authorize municipalities and counties to form tourism improvement areas funded by lodging business assessments for marketing and tourism promotion. The Arizona Lodging and Tourism Association and Visit Phoenix supported the measure, describing TIAs as voluntary, locally controlled tools already used in other states and useful for rural destinations; senators pressed on whether the assessments were truly voluntary and how the districts would be formed and administered. The bill passed 5-2. HB 2780, a technical cleanup bill related to property tax lien foreclosure and excess proceeds sales, was described as conforming changes to a prior law creating a mechanism for delinquent taxpayers to recover equity; it passed 6-1. HB 2502 would allow certain ASRS members who are elected officials to retire at normal retirement age without resigning their elected office, with the employer paying the alternate contribution rate. ASRS said it was neutral, and the sponsor and a lobbyist argued the bill would create parity with non-elected members who can retire and return to work; the committee passed it 5-2. HB 2140, as amended by a striker, would let the state treasurer invest up to 10% of trust and treasury monies in physical gold or silver bullion held in secure U.S. depositories. The sponsor and Sound Money Defense League supported it as a diversification and inflation hedge, while opponents argued gold is volatile, costly to store, and not a better use of taxpayer funds; the committee adopted the striker and passed the bill 4-2. HB 2398 would require commercial liability insurance for watercraft rented or hired in Arizona, including peer-to-peer boat-sharing programs, while not affecting ordinary personal boat ownership. The sponsor, insurers, and rental operators said the bill responds to uninsured boats being rented through apps and to safety and liability problems; some members said training should also be addressed. The committee adopted an amendment and passed the bill 6-1. Finally, HB 2999 would create state affordable infrastructure districts to finance public infrastructure for housing through bonds, taxes, and assessments, with unanimous landowner consent and disclosure requirements. Home builders and contractors said the districts could lower upfront housing costs and improve financing, but contractors sought stronger payment protections and some senators worried the bill could add red tape and costs without guaranteeing savings to homebuyers. After adopting a large amendment, the committee passed HB 2999, though at least one member voted no and another passed on the vote.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Yes, please proceed.
  • Chair, please proceed.
  • Please proceed. Mr.
  • Chair, please proceed. Mr. Chair, please proceed.
  • Please proceed.
Summary: The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes. The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS. Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.” Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
MN

Minnesota 2025 1st Special Session

House Agriculture Finance and Policy Committee 3/3/25

Agriculture Finance and Policy

Transcript Highlights:
  • Tell us who you are, although we probably know, and for the record, so we can get going and proceed with
  • Tell us who you are, although we probably know, and for the record, so we can get going and proceed with
  • Authority, which essentially serves as our bank for many different loan programs. get going in and proceed
  • with your get going in and proceed with your testimony<00:01:11.280> Mr<00:01:11.840> Mr
  • Please state your name for the record and proceed. Hi again.
Bills: HF770, HF857, HF38, HF1500, HF43
MN

Minnesota 2025 1st Special Session

House Education Finance Committee 2/18/25

Education Finance

Transcript Highlights:
  • So with that, uh, members will now proceed to the two bills on the agenda, House Files 52 and 53.
  • <00:01:52.640> members<00:01:52.920> will<00:01:53.119> now<00:01:53.320> proceed
  • <00:01:53.640> to with that uh members will now proceed to with that uh members will now proceed
  • And I have to say, even with excess dollars, it's still not going to get these bus trips under an hour
  • Miss Scott, if you'll state your name for the record and please proceed. Good afternoon.
Bills: HF6, HF52, HF53
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 4/7/26

Capital Investment

Transcript Highlights:
  • yourself for the record and proceed. yourself for the record and proceed.
  • and proceed. and proceed.
  • yourself for the record and proceed. yourself for the record and proceed.
  • ventilation systems causing excess ventilation systems causing excess moisture<00:54:15.280>
  • yourself for the record and proceed. yourself for the record and proceed.
MN

Minnesota 2025 1st Special Session

House Education Finance Committee 2/27/25

Education Finance

Transcript Highlights:
  • Proceed with your testimony.” “Thank you.
  • Proceed with your testimony.
  • Proceed with your testimony.”
  • consideration thank you Alexa proceed consideration thank you Alexa proceed with<01:05:45.559>
  • Proceed. My name is Jack Baro.
AZ

Arizona 2026 Regular Session

03/03/2026 - Senate Appropriations, Transportation and Technology

Appropriations, Transportation and Technology

Bills: HB2148, HB2993
Summary: The Committee on Appropriations, Transportation and Technology heard a presentation on advanced air mobility, featuring video and remarks about new aircraft technologies, including drones and electric vertical takeoff and landing craft. The presentation emphasized potential uses such as medical delivery, rescue operations, passenger and cargo transport, quieter flight profiles, and the need for coordination among industry, government, NASA, the FAA, and other partners. Members also noted an upcoming display of a Pivotal aircraft on the Senate lawn. The committee then considered House Bill 2148, which would grant the legislature authority to appropriate non-constitutional federal monies and require the legislature to specify the purposes for which those funds are spent, with a delayed effective date of January 1, 2027. Supporters described it as a transparency and separation-of-powers measure, while opponents argued it would interfere with existing federal funding structures and state programs. The bill received a do-pass recommendation on a 6-4 vote. House Bill 2993 was also heard. It would appropriate $6.4 million from the Consumer Protection/Consumer Fraud Revolving Fund to the Department of Public Safety for FY 2026 and exempt DPS from the statutory restriction on employing legal counsel without approval. Testimony from the Arizona State Troopers Association supported the funding as an emergency need to avoid cuts to recruit classes, overtime, and patrol car purchases, but several members objected to combining the appropriation with the outside-counsel policy change. The committee approved the bill on a 6-4 do-pass vote. The meeting concluded with announcements about upcoming committee events and adjournment.
TX

Texas 89th 2nd C.S.

Judiciary & Civil Jurisprudence May 14th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • If deposits exceed total amounts, the state must proportionately remit these excess contribution fund
  • In fact, during that same session, fees went up even higher, so there's a lot of excess money that we
  • I paid the filing fee, the excess fees that you want to give away.
  • I paid the excess fees for a guardian for my father.
  • I paid the excess fees for a guardian for my father because he was being abused.
Bills: SB1015, SB2933
Summary: The Committee on Judiciary and Civil Jurisprudence heard testimony on Senate Bill 1015, which would clarify that the comptroller is responsible for distributing excess judicial fund payments back to statutory probate courts. Judge Guy Herman testified in support, saying the bill would help ensure probate courts receive funding they are entitled to, while Ed Heimlich testified against the bill with broad criticism of probate courts and judicial practices. The committee then heard Senate Bill 2933, which would add elder abuse training to required judicial education for several categories of judges and judicial officers; Dr. Bruce Hargrave supported the bill, citing the prevalence and underreporting of elder abuse and the need for judges to recognize warning signs. No votes were taken on either of those bills, and SB 2933 was left pending. The committee then reconsidered Senate Bill 38, an eviction-related bill, and Vice Chair Hayes described two agreed floor amendments: one limiting the summary disposition procedure to forcible entry and detainer cases involving squatters, and another requiring a notice to pay rent or vacate for tenants who had been timely payers but missed a payment. After discussion, the committee voted 6-4 to report SB 38 without amendments. The committee also adopted or advanced a series of other bills and resolutions, including SB 293, SB 1141, SB 1448, SB 1536, SB 1558, SB 1838, SB 1940, SB 2127, SB 53, SB 251, SB 311, SB 387, SB 441 (with a substitute), SB 1164, SB 1335, SB 1574 (with a substitute), SB 1719, SB 1760, SB 1839, SB 1923 (with a substitute), SB 2807, and SJR 27 (with a substitute). Most measures were reported favorably on largely party-line or near-unanimous votes, with a few close votes on SB 942, SB 311, SB 2807, and SJR 27. SB 942, relating to retroactive child support beginning at conception, initially failed 5-5 but was reconsidered and then passed 6-5. The committee adjourned after completing its agenda.
TX

Texas 89th Regular

Judiciary & Civil Jurisprudence May 14th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • If deposits exceed total amounts, the state must proportionately remit these excess contribution fund
  • In fact, during that same session, fees went up even higher, so there's a lot of excess money that we
  • I paid the filing fee, the excess fees that you want to give away.
  • I paid the excess fees for a guardian for my father.
  • I paid the excess fees for a guardian for my father because he was being abused.
Bills: SB1015, SB2933
MN

Minnesota 2025 1st Special Session

House Agriculture Finance and Policy Committee 3/19/25

Agriculture Finance and Policy

Transcript Highlights:
  • Representative Curran, please proceed. by saying I I oppose no motion prevails by saying I I oppose no
  • 41:45.800> to thank you Mr Johnson would you like to thank you Mr Johnson would you like to proceed
  • 01:41:48.119> um<01:41:48.280> I'd<01:41:48.400> like<01:41:48.520> to proceed
  • so much Mr chair um I'd like to proceed so much Mr chair um I'd like to Echo<01:41:49.280> um
MN

Minnesota 2025-2026 Regular Session

House Children and Families Finance and Policy Committee 2/12/25

Children and Families Finance and Policy

Transcript Highlights:
  • , mother takes them to the emergency room, it's not life-threatening injuries, the doctors cannot proceed
  • life-threatening injuries the doctors life-threatening injuries the doctors cannot<00:47:24.000> proceed
  • /c><00:47:24.680> without<00:47:25.079> written<00:47:25.400> consent cannot proceed
  • without written consent cannot proceed without written consent from<00:47:25.880> the<00:47:26.079
  • Miss Gracia, please introduce yourself for the record and proceed with your testimony.
Bills: HF22, HF45