Senate Budget and Fiscal Review Committee, Wednesday, February 18, 2026

Senate Committee on Budget and Fiscal Review, California State Senate · February 18, 2026

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2:37:19

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30:00

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1:30:00

2:00:00

2:37:19

Call to order, agenda and public comment rules

Announcement

0:09 → 1:06(57s)

Chair called the committee to order, outlined that the hearing is informational and will cover the Budget Stabilization Account (BSA, "rainy day fund"), noted public comment will follow presentations and that the committee will try to adjourn before caucuses begin at noon.

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Informational hearing of the California State Senate Budget and Fiscal Review Committee on the Budget Stabilization Account (the rainy day fund), featuring presentations from the Legislative Analyst's Office, Department of Finance, policy analysts and an extended Q&A about raising the BSA cap, deposit rules and trade-offs with spending.

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Transcript

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