Video & Transcript Research : 'fund transfers'

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MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/6/25

Education Finance

Transcript Highlights:
  • transfer to fund 1 that's stuck there.
  • specific fund transfers especially uh specific fund transfers especially uh specific out<00:53
  • > would about which fund transfers uh they would about which fund transfers uh they would like<00
  • funds uh that there are not transfers funds uh that there are not transfers allowed<01:21:10.280
  • <01:21:44.520> transfer there is this statutory fund transfer there is this statutory fund
Bills: HF957, HF877
ND

North Dakota 2025-2026 Regular Session

Senate Appropriations - Government Operations Division Apr 10th, 2025 at 11:00 am

Appropriations - Government Operations Division

Transcript Highlights:
  • I mean, we're just wondering if we need to create a new fund or just fund the deferred maintenance.
  • Okay, the fifth one on the list added funding for the—excuse me here, I got a... funding for facility
  • from the social services fund to the human services fund from $250 million to $232 million.
  • Plus, there is some leftover funding, some carryover funding, that can be used.
  • , but as far as funding source, you could also consider the SIF fund.
Bills: HB1015
Summary: The Government Operations Division met to review proposed amendments to the Office of Management and Budget (OMB) budget, with the chair noting the bill would not be voted out that day and would likely be held until the following week for any technical corrections. Members discussed a series of amendments, generally without objection: a $1.5 million appropriation for a pro-life education committee; a $40,000–$45,000 deficiency appropriation for Uniform Laws travel costs; creation of a state deferred maintenance fund with $40 million for deferred maintenance projects; adding the state hospital project to the OMB budget with $200 million from the Strategic Investment and Improvements Fund (SIF) and $85 million from a line of credit, plus construction management oversight; $110,114 for custodial equity increases; $1 million for a retirement incentive pool; $3 million to cover a shortfall in the new and vacant FTE funding pool; and $4 million for space reconfiguration and rent/moving costs. Prairie Public Broadcasting was also discussed, with a suggestion to change the purpose from local programming to infrastructure and set the amount at $850,000, likely as one-time SIF funding. The committee also heard a heads-up about a possible $180,000 federal reimbursement issue tied to an education grant, but no action was taken on that item. The committee further discussed a broader amendment to reduce the transfer from the social services fund to the human services fund from $250 million to $232 million, based on DHS needs and available carryover funding. Members also agreed to add emergency clauses to the capital assets, deferred maintenance, and moving/space reconfiguration items. The chair indicated Brady could begin incorporating the discussed changes into a consolidated amendment, while noting there could still be additional items next week. Staff also reported the SIF balance was about $280 million positive, though some removed agency items, including airport grants, would need to be considered. The committee then reconsidered its earlier action on House Bill 1581 and restored it to its original form at $100,000 after hearing that the funding would support tribal tourism-related events tied to upcoming 2026 celebrations and the Theodore Roosevelt Library opening. A motion for do pass on the bill as originally introduced passed unanimously by roll call. Finally, the committee postponed action on another bill until later that day, directing that revised materials be distributed and that the item be taken up in the afternoon session.
TX

Texas 89th Regular

Appropriations Apr 29th, 2025

Appropriations

Transcript Highlights:
  • We call this the grow fund, which has otherwise been deposited in the Rainy Day Fund.
  • The State Broadband Fund was funded in part from severance taxes a couple of years ago.
  • Fund.
  • I appreciate this fund, as I did the previous fund for Speaker Craddick.
  • funds within two years.
AL

Alabama 2025 Regular Session

Alabama Senate State Governmental Affairs Committee Apr 9th, 2025

State Governmental Affairs

Transcript Highlights:
  • All the arrangements in there will be actually removed and transferred to the new chambers.
  • I've perused through the general fund, and we got 37.5 million I think set aside as a conditional.
  • And so what this would say is that, hey, when we're looking at the pack-to-pack transfer bans, it does
  • technical changes and clarifying that all occupational and professional license boards or commission funds
Bills: HB207, SB269, SB279, SB291, SB266
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Feb 10th, 2026 at 04:43 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • And if you watch the three largest hedge funds talk about— And if you watch the three largest hedge funds
  • I'm glad we have the funding to pay for this.
  • They're about reporting and about the guardrails around these funds.
  • these funds.
  • Are we talking about matching federal funds?
Bills: SB20, SB21, SB166, SB177, SB181, SB189, SM6
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 14th, 2026 at 10:07 am

Senate Finance

Transcript Highlights:
  • Uh, total recurring general fund or just recurring? What? I'm sorry, new money.
  • general fund next year is going to be $100 million in new recurring money.
  • Hitting our general fund because we think the general fund next year is going to be $100 million in new
  • We're going to give $37 million to so they can fund Democrat campaigns?
  • And I just don't want our tax dollars going to fund races against me.
Bills: SB151, HB8, SB177
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 03:43 pm

Senate Finance

Transcript Highlights:
  • When do you anticipate doing the bill for the university fund? I don't know, we'll see.
  • Doing the bill for the university fund? I don't know. We'll see. That's super important.
Bills: SB151, HB8, SB177
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 09:37 am

Senate Finance

Transcript Highlights:
  • We would encourage the committee to explore alternative funding sources.
  • And it says recurring general fund.
  • If we saved that in GRT, we wouldn't have had the funding gap.
  • for funding through the existing capital outlay process.
  • Education Major Projects Fund.
Bills: SB151, HB8, SB177
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 13th, 2026 at 05:31 pm

House Appropriations & Finance

Transcript Highlights:
  • We are on a prior year funding cycle, so that happens all the time. But again, Your funding cycle.
  • Our funding formula essentially provides additional funding to school districts that are classified as
  • Chair, Representative, so is there a legislative authorization for the transfer of those funds? Mr.
  • So I know we've funded these before, and they've shut down, and now we're going to fund them again.
  • existing funds into one unified public safety workforce capacity building fund.
AZ

Arizona 2026 Regular Session

04/28/2026 - Joint Appropriations

Appropriations

Transcript Highlights:
  • The bills make various fiscal year 2027 general fund and other fund appropriations for the operations
  • The budget includes an increase of $360,200,000 in general fund revenues as a result of a one-time transfer
  • For instance, the Technology and Research Initiative Fund, the TRIF fund, that funds university research
  • Some funds are 35% or 40%; some funds are 55% or 60%.
  • ...transferred to the Water Quality Assurance Revolving Fund. It's $15 million.
Summary: The committee met in a special joint appropriations session to review the FY 2027 budget package, including House Bill 4138 and Senate Bill 1831, the general appropriations or “feed” bills. Staff described the budget as including a one-time transfer of state funds, a 5% lump-sum reduction to most agencies’ discretionary general-fund budgets, continued funding for the state health insurance plan and school facilities, and various one-time restorations or reversions of prior appropriations. Members spent much of the meeting clarifying how the 5% reductions would work, noting that formula and mandatory funding such as K-12 basic aid are excluded, while the governor’s executive branch would decide how to implement the cuts within agencies. The chair repeatedly emphasized that the committee was not specifying line-item cuts and that agencies would have discretion over implementation. A large portion of the discussion focused on the practical effects of the budget on universities, public safety, health care, rural programs, and fund sweeps. Arizona Board of Regents and university representatives said the proposed reductions would amount to more than $85 million statewide and could affect programs such as the Arizona Promise Program, Teachers Academy, and tuition freezes, though no specific program cuts were written into the bill. Other testimony raised concerns about fund sweeps from encumbered balances, including university research funds, housing trust funds, utility regulation funds, and ADOT-related accounts, with some members warning about possible impacts on rural infrastructure and federal matching dollars. The committee also discussed the state employee health plan, including a $228 million general-fund infusion and proposed employee premium increases over three years, as well as questions about corrections, forestry and fire management, and rural critical access hospitals. Public testimony was largely opposed to the budget. Speakers from Opportunity Arizona, the Arizona Board of Regents, health care, and local government argued that the package would reduce support for education, housing, SNAP, health care access, and rural communities while preserving tax benefits for data centers and wealthy taxpayers. A mayor from Globe described severe flood damage and asked for state help for a flood relief fund, while a motorcycle safety advocate questioned a proposed transfer from the motorcycle safety fund. Committee members debated whether the budget’s effects should be described as speculative or as likely consequences of the broad cuts, and several exchanges became contentious over comparisons to the Great Recession and references to federal tax policy. The meeting ended with continued public testimony and no final vote taken in the portion provided, though leadership had earlier said the committee planned a mass roll-call vote on all the bills at the end.
OK

Oklahoma 2026 Regular Session

Economic Development, Workforce and Tourism Apr 7th, 2026 at 01:30 pm

Economic Development, Workforce and Tourism

Transcript Highlights:
  • House Bill 3622 creates the census revolving fund.
  • My understanding is that there is an allotment of dollars that's set aside to fund policy that is Seeing
  • My understanding is that there is an allotment of dollars that's set aside to fund policy that is Fricks
Bills: HB3622
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/17/26

Education Finance

Transcript Highlights:
  • Those revenues are then transferred to the Permanent School Fund at the State Board of Investment.
  • funding in the future. funding in the future.
  • . fund. fund.
  • school fund task force. school fund task force.
  • <00:54:36.079> that<00:54:36.319> supports fund, which is a fund that supports fund, which
Bills: HF3900
AZ

Arizona 2026 Regular Session

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

Appropriations, Transportation and Technology

Transcript Highlights:
  • course, you and I both know that the governor will veto any effort to try and take authority over these funds
  • But, for example, under the federal funds, and I won't be long, sir, I promise, who's to say that we
  • You think about Section 8 funding; they have their own formulas and they need to work it out for human
  • 2999 House Bill 2993 appropriates $6.4 million from the Consumer Protection/Consumer Fraud Revolving Fund
  • A part of that bill talks about additional emergency funding for the Department of Public Safety: $6.4
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.
NM

New Mexico 2026 Regular Session

House - Agriculture, Acequias And Water Resources Feb 12th, 2026 at 09:04 am

House Agriculture, Acequias And Water Resources

Transcript Highlights:
  • The recurring funding stream to this fund currently is $2.5 million.
  • Is it a million dollars in there that the transfers also from the Waterworks Construction Fund?
  • money from another fund that would be used in that fund but for the fact that we're transferring it?
  • but are we just transferring money from another fund that would be used in that fund?
  • money from another fund that would be used in that fund but for the fact that we're transferring it.
Bills: SB193
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Mar 19th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • In general, who keeps track of how these funds are spent?
  • You know, if these funds are for the office of the sheriff for law enforcement purposes, that's anything
  • My bill says for my sheriff to be able to expand the use of funds from simply jail expenditures to...
Bills: SB208, SB216, HB187
AZ

Arizona 2026 Regular Session

03/03/2026 - Senate Natural Resources

Natural Resources

Transcript Highlights:
  • into that fund, we know what's been working and what hasn't and how we can better direct those funds
  • The funding mechanism that would be specifically used here is the Clean Water State Revolving Fund.
  • Funding to address these cesspools exists and is available via the Clean Water State Revolving Fund,
  • It's $1 million from the State General Fund in fiscal year 2027 to the Colorado River Litigation Fund
  • To that end, having the necessary funding to support a legal challenge will be crucial.
Bills: HB2029, HB2096, HB2116
Summary: The Natural Resources Committee heard three bills, all of which received do pass recommendations. House Bill 2029 would require additional disclosure from applicants to the Water Conservation Grant Fund, including plans for how saved water will be used; an amendment broadened the disclosure requirement from only certain applicants to all eligible entities. WIFA testified neutral on the bill and amendment, noting it already collects much of the information. The amendment and the bill as amended both passed 8-0, with the sponsor indicating he may reoffer the amendment on the floor. House Bill 2096 would authorize counties to seek WIFA financial assistance, including forgivable principal, to remediate, close, or replace cesspools that threaten water quality or public health, and would clarify county authority to accept such loans without voter approval. WIFA was neutral and said the bill resolves ambiguity in the statutes. Supporters from the County Supervisors Association and Gila County described widespread cesspool problems in rural counties, especially Gila County, where thousands of cesspools remain and flooding caused sewage contamination and major cleanup costs. The committee approved the bill 8-0. House Bill 2116 would appropriate $1 million from the General Fund in FY 2027 to the Colorado River Litigation Fund. Supporters said the money is needed to prepare for possible legal challenges over Colorado River cuts, while several members emphasized they hope litigation will not be necessary and described the amount as a placeholder for future budget discussions. The bill passed 8-0 and was sent to Appropriations before the committee adjourned.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 05:01 pm

Senate Finance

Transcript Highlights:
  • All right, Senator Campos, Senate Bill 193, acequia and ditch infrastructure fund transfer.
  • the irrigation works construction fund to the SECA and Community Ditch Infrastructure Fund, and so to
  • increase the amount of the transfer from $2.5 million to $5 million. $2.5 million to $5 million.
  • Yet today, our planning and funding processes treat them as one.
  • It also renames the equipment replacement revolving fund to the equipment software and replacement fund
Bills: SB193, SB132, SB35, SB145
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 09:18 am

Senate Finance

Transcript Highlights:
  • settlement fund.
  • There is money being transferred to that fund in House Bill 2 should the disaster funding reform bill
  • So if we go back to 134, irrigation works and construction fund—how much is in that fund? Mr.
  • Yes, and that's, there's not funding for that because there's funding else.
  • So moving on to the fund transfers section, you see the items marked Section 11.
Bills: SB193, SB132, SB35, SB145