Video & Transcript Research : 'Economic Development'

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NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Aug 13th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • That supports job and economic development throughout the state.
  • From an economic development standpoint, we look at the base economic businesses, as I described, because
  • That's the Local Economic Development Act.
  • They're not economic development.
  • Economic development is very focused on the growth of the economic-based jobs. And, uh, doing.
NM

New Mexico 2025 Regular Session

IC - Economic and Rural Development Dec 8th, 2025 at 01:04 pm

Economic & Rural Development & Policy Committee

Transcript Highlights:
  • They also do economic development. They connect people with health care.
  • So the money provides direct economic development to these villages.
  • In terms of economic development, we are very appreciative of the New Mexico Economic Development Department's
  • Really, they are in the same places where we're prioritizing our economic development in New Mexico,
  • I'm sure this would be a division within the Economic Development Department.
Keywords: 996, all
FL
Transcript Highlights:
  • The Appropriations Committee on transportation, tourism and economic development will now come to order
  • We have 3 main divisions, economic development, community development and workforce services.
  • And so I represent economic development.
  • Together, the divisions of community development, economic development and workforce services worked
  • They maybe need to develop a career path toward economic self-sufficiency.
Keywords: 999, senate, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 10:30 am

Joint Committee on Ways and Means

Transcript Highlights:
  • There are areas including economic development, housing, labor workforce development, and technology
  • I’ve enjoyed meeting many of you, and we get a picture, Secretary of Economic Development.
  • REDOs serve as on-the-ground partners for economic development and turn our statewide economic priorities
  • Within the Executive Office of Economic Development.
  • The poaching of jobs for for economic development.
Keywords: 995, all
Summary: The Joint Committee on Ways and Means held a public FY27 budget hearing at Barnstable Town Hall, with opening remarks emphasizing the Cape and Islands’ seasonal infrastructure, housing, transportation, workforce, and digital needs. The hearing began with testimony from the Executive Office of Labor and Workforce Development, which outlined the Healey-Driscoll administration’s budget priorities for job training, apprenticeship, youth employment, reentry programs, and unemployment insurance modernization. The secretary highlighted proposed funding for the Workforce Competitiveness Trust Fund, Career Technical Initiative, YouthWorks, reentry workforce development, and services for young adults with disabilities, along with a proposal to streamline youth work permits. Members also discussed the unemployment trust fund, the COVID assessment on employers, rising unemployment, and the need to improve DUA customer service and claims processing. Committee members asked about job seeker barriers such as child care, housing, transportation, and out-migration of young workers, as well as how to keep Cape Cod graduates and seasonal workers in the region. The administration said its strategy is to pair training with broader affordability investments and to expose students to career pathways earlier, including through middle school, early childhood STEM, YouthWorks, pre-apprenticeships, and Building Pathways. Senators and representatives also raised concerns about regional funding disparities, especially for Hampshire Franklin MassHire, and the administration said it is reviewing MassHire funding and service equity through a policy committee and statewide workforce board. On unemployment assistance, officials reported major improvements in wait times and claims processing, but said they are still working through backlogs and staffing challenges while maintaining program integrity. The committee then heard testimony from the Executive Office of Economic Development. The secretary described House 2 as a fiscally restrained budget with no new taxes or fees, while preserving core programs and using the Mass Leads Act tools to support competitiveness. EOED’s proposal included funding for the Community One Stop for Growth, rural economic development, social enterprise operating grants, regional economic development organizations, the Workforce Investment Trust Fund, Community Workforce Partnerships, Pathmaker, advanced manufacturing training, life sciences, innovation vouchers, AI initiatives, small business assistance, and tourism and live theater support. The Office of Consumer Affairs and Business Regulation also testified on its FY27 request, focusing on consumer protection, licensing, banking, insurance, and public safety regulation. No votes were taken during the hearing.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Racial Equity, Civil Rights, and Inclusion Jun 21st, 2026 at 01:00 pm

Joint Committee on Racial Equity, Civil Rights, and Inclusion

Transcript Highlights:
  • The Department of Economic Research within the Executive Office of Labor and Workforce Development...
  • . ...and Secretary for Communities and Programs at the Executive Office of Economic Development.
  • development lens, meaning who can start a business, grow... ...wealth gap through an economic development
  • No single program can reverse generations of unequal asset building, but targeted economic development
  • State economic development policy can do a great deal in this space.
Keywords: 995, all
Summary: The Joint Committee on Racial Equity, Civil Rights, and Inclusion held a hearing on the impact of federal policy on the racial wealth gap in Massachusetts, the fourth in a series on federal impacts on racial equity. Chair Bud Williams and Chair Miranda opened by emphasizing that no bills were being heard and that the committee would instead take testimony from invited witnesses; public written testimony was also accepted. The chairs and witnesses repeatedly cited long-standing wealth disparities affecting Black and brown communities, including homeownership, wages, business ownership, and access to capital, and linked those disparities to federal policy changes, housing, education, health care, and workforce development. Administration officials testified first. Secretary of Labor and Workforce Development Lauren Jones described persistent labor market disparities, including higher unemployment for Black and Latino residents, lower median hourly wages, and underemployment among degree holders, and highlighted state efforts such as ESOL-for-work funding, workforce training grants, MassHire career centers, skills-based hiring, and the state equity dashboards. Secretary of Health and Human Services Kiami Mahania argued that poverty drives poor health, not the reverse, and said wealth gaps contribute to chronic disease, maternal health inequities, medical debt, and shorter life expectancy; she pointed to the Advancing Health Equity Massachusetts initiative, a health care affordability working group, and the governor’s push to bar medical debt from credit reporting. Assistant Secretary Juan Vega of EOED focused on entrepreneurship and procurement, citing technical assistance grants, founder support programs, place-based investment, the Business Front Door, and the need to broaden access to contracts, capital, and business growth opportunities. Committee members pressed the panel on the effects of the federal “big beautiful bill” on households, especially single-parent and Black women-led households, and on whether the state could develop more timely data systems instead of relying on federal numbers. Officials said the impacts were still being monitored, but warned that Medicaid and SNAP changes would likely hit lower-income households and community institutions hard. Members also asked about unions and apprenticeships, microbusiness definitions, supplier diversity, pay equity, and degree inflation; the administration said registered apprenticeships and skills-based hiring are key tools, and noted that wage equity reporting is still in its early stages. Later testimony from BECMA’s Nicole O’Bean stressed that tariffs, DEI rollbacks, immigration enforcement, capital gaps, and federal funding cuts are constraining Black-owned businesses and inclusive procurement, while Gastón Institute researchers described severe Latino homeownership and rent burdens, educational inequities, and the need for housing, labor, and education policy changes to close the wealth gap.
NM

New Mexico 2025 Regular Session

IC - Economic and Rural Development Aug 11th, 2025

Economic & Rural Development & Policy Committee

Transcript Highlights:
  • It's going to overall increase economic development.
  • Economic development projects. Thank you, Madam Chair.
  • We have not had an official economic development strategic plan.
  • come about because of that economic development.
  • I think education and economic development are very important.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Economic Development and Emerging Technologies Jun 21st, 2026 at 11:00 am

Joint Committee on Economic Development and Emerging Technologies

Transcript Highlights:
  • Welcome to the first public hearing of the Joint Committee on Economic Development and Emerging Technologies
  • Thank you, Madam Chairwoman, and welcome to your first committee hearing on economic development.
  • You've been here for a while on economic development, so very good.
  • Well, he supports economic development and tourism opportunities in some of our districts, so that was
  • I do want to make public note that this committee is indeed sponsoring an Economic Development Expo in
Keywords: 995, all
Summary: The Joint Committee on Economic Development and Emerging Technologies held its first public hearing of the session, chaired by Rep. Carole Fiola with Sen. Barry Finegold. After housekeeping on livestreaming, virtual testimony, and written testimony deadlines, the committee heard testimony on several bills, with the main focus on S. 303/H. 503/S. 305 and H. 491, all related to worker ownership and business succession. Testimony generally supported expanding employee ownership, right of first refusal for workers, and incentives for owners to sell to employee groups. Speakers from worker co-ops, technical assistance organizations, lenders, and business owners said these measures could preserve local businesses, protect jobs, build worker wealth, and help communities retain valued services and storefronts. On S. 303, Vincent Lawrence Dixon described a proposal to create tools such as a special community trustee, right of first refusal, and community institution landmarks to help communities preserve important local properties and uses when owners cease operations. On H. 491 and the employee-ownership bills, witnesses including Matthew Page Lieberman, Caleb from Circus Cooperative Cafe, Sarah Acefa of Dorchester Food Co-op, Halsey Platt, Kevin O'Brien, John Abrams, Virginia Berman, Stacey Cordero, Adrian Roman, Alex Popali, Adam Trott, and Ethan Tupelo emphasized that worker-owned businesses can be more resilient, support democratic participation, and help with business transitions as owners retire or close. Committee members asked questions about the tax incentive threshold, the timing and mechanics of the right of first refusal, and whether the bills would affect sale prices or business succession. Rep. Kristen Kassner also testified on H. 490, which would create a special commission to inventory the Commonwealth’s built environment, infrastructure, permitting, and land-use barriers to help Massachusetts adapt vacant or underused spaces for the next economy. She said the commission would help identify opportunities for housing, climate and energy tech, advanced manufacturing, and other uses, and members discussed commission composition and data sources. At the end of the hearing, the chair read a series of additional bills into the record, noted an upcoming Economic Development Expo, and the committee adjourned after a motion and second.
CA
Transcript Highlights:
  • With that, we want to welcome you to the Assembly Committee on Economic Development, Growth, and Household
  • Experts from academia, business, and economic development will examine the forces shaping affordability
  • Economic Development Corporation.
  • But right near, I'm sitting by a partner from the San Diego ED's Economic Development Corporation, and
  • So I'm representing the San Diego Regional Economic Development Corporation, and just so you're aware
Summary: The Assembly Committee on Economic Development, Growth, and Household Impact held an informational hearing in San Diego focused on “Making Sense of California’s Economy: Real Cost Pressures and Household Impacts Facing San Diego.” Chair Salas and Assemblymember Darshana Patel opened by emphasizing affordability, housing, and the importance of bringing state policy discussions into the community. The first panel featured leaders from Cal State San Marcos and the San Diego Regional Economic Development Corporation, who described the region’s innovation ecosystem, the university’s role in social mobility and workforce development, and the importance of partnerships with K-12 schools, community colleges, military installations, and industry. They also highlighted regional strengths in life sciences, aerospace and defense, advanced manufacturing, clean energy, and venture-backed innovation, while warning that housing costs, federal research cuts, permitting delays, and small-business fragility threaten growth and talent retention. Committee members asked about collaboration among higher education institutions and what state policy changes could help. Panelists said the region’s universities are complementary rather than competitive and stressed the value of public-private partnerships, social innovation, and aligning academic programs with employer needs. On policy, they urged faster permitting, possible regulatory sandboxes, stronger research investment, support for cross-border trade and manufacturing, and more housing affordability to keep workers in the region. The second panel centered on small business and entrepreneurship, with testimony from Hydrostasis founder Dr. Debbie Chen, Amai co-founder Sven Davison, and Asian Business Association San Diego CEO Jason Pagal. Chen described building a hydration-monitoring wearable, the barriers women founders face in accessing capital, and the importance of SBDC, Stella Foundation, and university internship support. Davison described Amai’s edible cup business and how tariffs, supply-chain costs, and financing constraints forced the company to pivot manufacturing plans. Pagal presented survey data showing high relocation intent, difficulty hiring, and low confidence among businesses, and recommended expanded technical assistance, regional cost-of-living adjustments, and small-business affordability zones. During questioning, members discussed targeted procurement and local incentive models, the role of SBDC and other support networks, and how to better tailor state programs to local conditions. Public comment came from the California Southern Small Business Development Corporation, which stressed that access to affordable capital remains a major challenge and noted the volume of loan guarantee requests coming from San Diego. No formal votes were taken; the hearing concluded with closing remarks from both members underscoring the need to use local testimony to shape future state policy and support California’s economy, families, and small businesses.
KY
Transcript Highlights:
  • <00:03:42.720> development officials, the economic development officials, the economic development
  • even from economic developers that are even from economic developers that are even starting<00
  • c> as in economic development and we as in economic development and we as economic<00:48:28.880><
  • As Terry help local economic developers.
  • economic development efforts in Ohio. economic development efforts in Ohio.
Keywords: 958, all
Summary: The committee received an update from Secretary Jeff Noel of the Kentucky Cabinet for Economic Development, joined by Matt Wingate and Terry Bradshaw of the Kentucky Association of Economic Developers, on the Kentucky Product Development Initiative (KPDI) and the closing fund. The presentation focused on how KPDI helps communities develop shovel-ready industrial sites by funding infrastructure, engineering, geotechnical work, and other site-preparation costs. Noel emphasized that the program is designed to reduce uncertainty for companies, improve speed to market, and support statewide job creation and investment, especially in rural and eastern Kentucky where development costs are often higher. Testimony highlighted the complexity and expense of preparing sites, with examples of road, water, power, and rock-removal costs, and the importance of third-party evaluation in scoring applications. Noel said the program has 116 total projects statewide, with 20 active projects stemming from pilot efforts and 35 projects already resulting in about 6,381 jobs and $4.4 billion in investment. He cited examples including Crown Holdings, Flash Metals, Phoenix Paper, Pratt Paper, AESC, Sound Elements, Kitchen Foods, Latte, Krueger, Biomass, and Anna Munsman. Bradshaw added that even communities that have not yet landed a project have benefited by building spec buildings or improving access to industrial property. The speakers said the last KPDI round drew $81 million in requests but only $35 million in available funding, and they urged lawmakers to consider whether additional funding or program adjustments are needed. Suggested changes included modestly increasing eligibility or funding flexibility for rural and eastern Kentucky, while maintaining third-party performance metrics, and continuing to prioritize finishing existing parks and creating strong regional sites. No votes or formal committee actions were taken during the meeting.
CA

California 2025-2026 Regular Session

Joint Committee on the Arts May 14th, 2026

Joint Committee on the Arts

Transcript Highlights:
  • and business development, gaming, academia, some of the economic and business development, gaming, academia
  • And then when we go forward and we think about that in terms of economic development jobs, what it means
  • development.
  • development.
  • We are businesses, employers, and economic drivers.
Keywords: 987, senate, all
Summary: The Joint Committee on the Arts held an informational hearing on California’s first sector-specific creative economy strategic plan, “California’s Future: Creative Strategies for Cultural Resilience, Economic Growth, and Global Leadership.” Chair Allen opened by framing the creative economy as a major state asset and urged support for arts funding in the May Revision, including California Humanities, museums, public media, cultural districts, LA28 arts programming, and AB 2319, which would create a $100 million post-production incentive. He also emphasized the need for next-step funding to implement the strategic plan and noted concerns about federal headwinds and declining creative-sector jobs. California Arts Council Director Danielle Brazel, Institute for the Future’s Rachel Hatch, CDE’s Allison Frenzel, and Workforce Development Board representative Michael Weoff described how the plan was developed through AB 127 and related legislation, a 30-plus-member work group, and an interagency process. They outlined the plan’s phased approach and six priority areas, including preparing the workforce, stabilizing businesses, increasing revenue through cultural tourism, leveraging state incentives, defining and tracking ROI, and building state capacity. Testimony highlighted workforce pipelines, apprenticeship and pre-apprenticeship programs, digital badging, and cross-agency coordination, with speakers stressing that the sector is shaped by AI, climate change, affordability, capital access, and social cohesion. A second panel of artists and advocates described on-the-ground implementation and the need for better data and support. Ricarlo Handy discussed the Handy Foundation’s apprenticeship pipeline into film and TV jobs and the difficulty of capturing freelance and 1099 creative work in state data. Joanna Reynolds described Arts for LA’s Creative Jobs Collective, which aims to create 10,000 living-wage creative jobs in Los Angeles County by 2030. Alejandro Gutierrez Chavez urged the state to embed artists in health, aging, behavioral health, and climate resilience systems, and Roxanne Messina Kaptur spoke about the need to treat arts careers as viable professions and expand residency and school-based artist programs. Senator Rubio, who joined the hearing later, shared her own background in teaching and the arts, supported arts education and small theaters, and raised concerns about AI, asking how schools and educators can adapt. In the final panel, Rebecca Ratzkin reported on 26 town halls across eight regions, where more than 1,100 people attended and generally affirmed the plan while asking for better access to information, new financial models, clearer definitions and data, and stronger networks. Julie Baker of California for the Arts and California Arts Advocates argued the plan is an urgent blueprint for a sector that generates $288 billion and more than 820,000 jobs, but remains below pre-pandemic employment levels and is losing market share. She and others called for funding, statewide definitions, better data collection, and cross-agency implementation, while committee members and witnesses repeatedly emphasized that the plan will require political will and resources to move from strategy to action.
TX

Texas 89th 2nd C.S.

Trade, Workforce & Economic Development Apr 2nd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • The Committee on Trade, Workforce and Economic Development will now come to order.
  • robust infrastructure and proactive economic development strategies.
  • And are aligned with Texas' strongest economic development drivers, our universities, our industries,
  • We must develop the infrastructure and economic environment that makes success possible.
  • The Committee on Trade, Workforce and Economic Development is now adjourned.
Bills: HB112, HB199, HCR9
Summary: The Committee on Trade, Workforce and Economic Development met with a quorum and moved quickly through a long agenda, hearing testimony and taking recorded votes on several bills. Early in the meeting, HB 2214 was laid out to exempt certain short-term residential leases and leaseback arrangements from flood-disclosure requirements; Texas Realtors supported the change, and the bill was left pending. The committee then voted out a series of pending measures, including HB 46, HB 186 (with a committee substitute), HB 431, HB 1147, HB 1154, HB 2468, HB 2488, HB 2788 (with a substitute), HB 2791 (with a substitute), HB 3260, and HCR 90, all reported favorably to the full House, with HB 1147 receiving two nays and the others passing unanimously or nearly so. A major portion of the hearing focused on HB 112, which would create a Texas Science Park district and commission to support advanced manufacturing and innovation sites. The bill’s author and supporters, including Samsung Austin Semiconductor, the Texas Association of Business, and the Governor’s economic development office, argued it would strengthen supply chains, attract investment, and support national security and workforce development. Testimony described interest from semiconductor and advanced manufacturing companies and referenced the model of foreign science parks such as Sinshu in Taiwan. HB 112 was left pending after testimony. The committee also heard HB 3698 and HB 3699, both related to unemployment insurance administration. HB 3698 would expand eligibility for the Reemployment Services and Eligibility Assessment program using federal funds, while HB 3699 would tighten the definition of “last work” to help the Texas Workforce Commission investigate UI fraud. Both bills were discussed with TWC resource witnesses and left pending after the committee withdrew the substitutes. HB 1349, which would extend HOA transparency and property-rights provisions to condominiums and refine HOA rules, and HB 621, which would require HOA meeting spaces to be available for residents to reserve for qualified political candidates or elected officials, were also heard and left pending. Finally, the committee heard HCR 9 to designate the first Saturday of each month as Small Business Saturday, HB 199 to index unemployment benefit duration to the state unemployment rate, and HB 3466 to exempt certain cancelable service contracts from Texas’s in-home sales cooling-off law; each drew supportive and opposing testimony and was left pending before adjournment.
KY
Transcript Highlights:
  • economic development in the state. economic development in the state.
  • So, as economic development pipeline.
  • <00:05:20.479> development announcements in economic development announcements in economic
  • <00:26:00.240> development of controlling the economic development of controlling the economic
  • Economic development is a big thing.
Summary: The committee met with a quorum, approved the minutes from the previous meeting, and then heard a presentation from LG&E and KU representatives Caroline Clark and John Bevington on economic development, energy demand, and the utility’s role in supporting Kentucky’s growth. Bevington described the company’s service territory, generation fleet, and recent economic development activity, including 76 projects supported in 2024, more than $2.8 billion in private investment, and over 3,000 new jobs. He emphasized that data centers are now the dominant driver in the pipeline, with 22 data center projects representing about 8.7 of the 9.7 gigawatts of potential demand, alongside other manufacturing and commercial projects. A major focus was how data centers choose sites and how utilities respond. Bevington explained that hyperscale data centers typically approach utilities first because they need transmission-level access, and that utilities then conduct internal analyses, estimate infrastructure needs, and require financial security before proceeding. He said the company is working through formal transmission studies and long-lead infrastructure planning, and noted that Kentucky’s sales tax exemption for data centers helped attract interest. He also outlined the economic benefits of data centers, citing an announced Louisville project of 525 megawatts and about $11 billion in investment, with an estimated $500 million in new tax revenue over 10 years, plus broader job and GDP impacts. Members asked about whether data centers could generate their own power, the reliability of the pipeline numbers given confidentiality and nondisclosure agreements, and cybersecurity concerns. Bevington said the company does not assume all pipeline projects will materialize in Kentucky and instead assigns probabilities to avoid overbuilding. He also said he was not the right person to address cybersecurity in detail but offered to return to a committee focused on IT or security. In response to questions about future supply, he said LG&E and KU are adding generation through a 120-megawatt solar facility in Mercer County, a 120-megawatt solar purchase in Marion County, and a 645-megawatt natural gas combined-cycle plant in Louisville, with PSC approval recently granted for additional generation and related system upgrades.
MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment, and Climate - 01/22/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • Let's embrace the opportunity to lead in technological excellence and economic development, and I thank
  • Let's embrace the opportunity to lead in technological excellence and economic development, and I thank
  • Let's embrace the opportunity to lead in technological excellence and economic development, and I thank
  • Let's embrace the opportunity to lead in technological excellence and economic development, and I thank
  • :43.920> Development<00:37:44.880> and<00:37:45.000> shared creation Economic Development
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • You create economic development.
  • , with economic development practitioners, with economic development practitioners, those<00:04:24.080
  • We made the economic development.
  • provide economic development side to provide economic development side to provide good<00:21:02.720
  • And if you create economic development.
Keywords: 958, all
Summary: The Budget Subcommittee on Economic Development, Public Protection, Energy and Environment, and Tourism met for its fourth meeting and approved the February 10 minutes. The committee then heard a presentation from the Cabinet for Economic Development, led by Secretary Jeff Noel, with staff from the cabinet and Kentucky Innovation. The presentation focused on the cabinet’s strategy, including workforce, entrepreneurship, innovation, infrastructure, and placemaking, and emphasized a goal of supporting higher-wage jobs while tailoring programs to urban, non-urban, and rural “heritage communities.” The cabinet reviewed several funding tools and programs, including economic development bond funds, EDF funds, KBI, the Kentucky Innovation Pool, KSTC-related startup and commercialization programs, veteran workforce programs, and Bluegrass State Skills Corporation training funds. Officials said many projects take years to close and that funds are often committed before they are actually disbursed because reimbursements occur after project completion. They also said Kentucky is less competitive than before because of changes in tax policy and that EDF funds are increasingly important to remain competitive with other states. Members asked about whether previously allocated money remained available, whether some funds could be clawed back, and the status of the Blue Oval project. The cabinet said it is oversubscribed, with some committed dollars likely to go unused and be reoffered to other projects. On Blue Oval, officials said progress had been made and described negotiations tied to repayment and job creation requirements. They also discussed the Ford/SK loan structure, saying the companies may assume the full $250 million obligation and that repayments would be required if job targets are not met. The presentation closed with discussion of workforce coordination and the need to connect economic development projects with training and support systems, including possible ripple effects for rural suppliers and related businesses.
ND

North Dakota 2026 1st Special Session

Agriculture and Water Management Committee Jun 17th, 2026 at 09:00 am

Agriculture and Water Management Committee

Transcript Highlights:
  • development.
  • Our Legendary Harvest project also created this opportunity for agriculture and economic development.
  • So I've heard several of you talking about the economic development and what that means for water and
  • development.
  • AgTech is and what AgTech can do and how it can drive economic development in areas.
Keywords: 908, all
KY
Transcript Highlights:
  • We are now going to call the Monday, July 14th Air Mobility and Aviation Economic Development Task Force
  • <00:04:51.760> development, business aviation economic development, business aviation economic
  • Again, we'll start off talking about economic development and the economic engine that the airports represent
  • Economic development and the economic engine that the airports represent.
  • <00:52:24.120> development<00:52:24.720> partners fellow economic development partners
Keywords: 958, all
Summary: The task force was called to order with a quorum present, and Commissioner Mark Carter of the Kentucky Department of Aviation gave the first presentation. He outlined the state’s airport system, noting 58 public-use airports, the department’s small staff, and its funding structure through a jet fuel tax that generates about $23 million annually, leaving roughly $15 million for airport investment after required deductions. Carter highlighted recent projects at airports including Bardstown, Madisonville, Central Kentucky Regional, Paducah, Sparta, Danville, and Henderson, and said the department has also expanded data collection on airport activity, hangars, schools, and training programs. He emphasized that the department recently completed the first statewide economic impact study of general aviation airports and is developing a five-year airport needs plan. Carter said several things are working well, including stronger communication with airports, the public, the legislature, and especially the FAA’s Memphis district office, which now involves the state more in project selection. He said the department is reasonably staffed overall, but identified workforce development and advanced air mobility as major gaps. In response to questions from Senator Nunn and Representative York, he said he did not have specific workforce shortage numbers on hand, but cited Boeing reports showing large national and global shortages of pilots and mechanics, and explained that instructor shortages and low wages limit training capacity. He also said air traffic control is an FAA function, though EKU has shown interest in developing a training program. Carter identified several needs for improvement: more workforce investment, more aviation education in high schools, more scholarships for pilot and mechanic training, more attention to advanced air mobility, and more frequent, institutionalized data collection. He also pointed to major pending capital needs at airports such as Elizabethtown, Owensboro, Harlan, Leitchfield-Grayson County, and Whitesburg-Letcher County, all of which would require FAA and state support. He urged airports to do a better job marketing their economic value and said the state should continue updating aviation studies so lawmakers have current information for policy decisions. The task force then heard from Lexington Blue Grass Airport Director Eric Frankl, who welcomed the new CVG director and thanked the legislature for creating the task force and supporting aviation infrastructure. Frankl said Blue Grass Airport has rebounded from the pandemic and now exceeds pre-pandemic passenger levels, while serving a mix of private aviation, pilot training, corporate aviation, and commercial airline activity. He described ongoing terminal-area planning, parking technology upgrades, and a major parking lot expansion expected to finish by early spring 2026, and said the airport is planning for future technologies such as vertiports and electric aerial vehicles. Frankl estimated that a broader terminal modernization program will cost roughly $500 million to $700 million over the next 5 to 10 years and said the airport needs continued state support to close funding gaps and remain competitive with other states investing in aviation.
CA
Transcript Highlights:
  • As you all know, GO-Biz serves as the state's leader for job growth and economic development.
  • that work and the state's first statewide economic development strategy in 20 years.
  • I serve as the Senior Advisor for Economic Policy at the Governor's Office of Business and Economic Development
  • We have various clients who have benefited from the state's economic development.
  • Advisor. for Economic Policy at the Governor's Office of Business and Economic Development.
Keywords: 988, house, all
AZ

Arizona 2026 Regular Session

03/04/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Johns is subsidizing the economic development policy for the city of Phoenix.
  • Johns is subsidizing the economic development policy for the city of Phoenix.
  • John's is subsidizing the economic development policy for the city of Phoenix.
  • I'm the assistant economic development director for the City of Phoenix.
  • McCarthy brought up, because I was the economic developer that did Central and McDowell.
Summary: The House Ways and Means Committee heard several tax-related bills. SB 1293 would prohibit abating Government Property Lease Excise Tax revenues attributable to school districts, while still allowing abatements for counties, cities, towns, and community college districts. Supporters, including the sponsor, Arizona Tax Research Association, and NFIB, argued that GPLET shifts costs to other taxpayers and the state general fund through school aid backfill, while opponents from the City of Phoenix, City of Mesa, Greater Phoenix Economic Council, and the League of Arizona Cities and Towns said GPLET is an important redevelopment tool that supports urban projects, housing, and long-term tax base growth. After extensive debate over tax shifts, school backfill, and local redevelopment impacts, the committee passed SB 1293 on a 5-3 vote. The committee then considered SB 1294, a clarification to property tax classification rules for property destroyed by fire, flood, or other verifiable accident. The bill would allow assessors to keep the pre-destruction classification in place for up to five years or until a verifiable change in use occurs. The sponsor and Arizona Tax Research Association said the measure restores the prior intent of the law and corrects an inadvertent change. The committee approved SB 1294 with a due pass recommendation by a 6-1 vote, with one present and one absent. Finally, the committee took up SB 1430, an annual technical corrections bill for tax statutes administered by the Department of Revenue. An amendment was adopted to remove a disputed unclaimed-property limitations provision after the sponsor said he would strip out any nontechnical item that drew concern. The Department of Revenue supported the bill and the amendment, and the committee passed SB 1430 as amended by a 7-0 vote, with one present and one absent.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Community Development and Small Businesses Jun 21st, 2026 at 10:00 am

Joint Committee on Community Development and Small Businesses

Transcript Highlights:
  • And I know that last year’s economic development bond bill we were able to determine what a micro-business
  • The definition that got changed as it relates to the economic development bond bill meant that you had
  • While we are thankful for the funding that was included in the economic development bond bill that the
  • So it’s kind of like being the chair of economic development at that point.
  • One of the most important priorities of our mayors, city managers, and economic development leaders has
Keywords: 995, all
Summary: The Joint Committee on Community Development and Small Business held its second hearing of the session, with Chairs Gómez and Vargas opening by emphasizing the committee’s focus on equity, small business growth, and support for communities that have historically been overlooked. Several members noted the historic nature of having two Latino chairs. The hearing covered a package of bills centered on access to capital, transparency in state assistance, commercial tenant protections, downtown revitalization, and business improvement district administration. Testimony was largely supportive of bills aimed at helping micro-businesses, small businesses, and disadvantaged entrepreneurs. Beckma, the Asian Business Empowerment Council, a minority- and woman-owned business owner, and a worker-owned Springfield business all backed measures including S. 179 and H. 312/S. 184, which would prioritize capital assistance and require reporting on where state business aid goes. Witnesses said transparency, upfront payments on state contracts, and better data collection could help businesses that struggle with delayed reimbursements, limited reserves, and difficulty accessing traditional financing. The Metropolitan Area Planning Council supported S. 173, which would dedicate a portion of sales tax revenue to a downtown vitality fund for district management, cultural districts, and downtown infrastructure, and said the bill could help sustain downtowns and prevent cultural displacement. There was also testimony on H. 306, a commercial tenant first right of refusal bill, with Beckma supporting it as a way to help small tenants stay in their locations, while the Greater Boston Real Estate Board opposed it, arguing it would add cost, delay, uncertainty, and could reduce property values and the commercial tax base. The board supported H. 305, a housing bill that would expand by-right multifamily and open-space residential development while preserving local zoning protections. Andre Leroux of MassINC also supported S. 173 and H. 299, the latter proposing longer BID renewal periods and audit requirements aligned with nonprofit standards. No votes were taken; the hearing concluded after public testimony and questions, with the chair closing testimony.
LA

Louisiana 2026 Regular Session

Education May 6th, 2026

Education

Transcript Highlights:
  • development districts. ...provides for a uniform procedure for the creation of college economic development
  • Currently, if McNeese were to establish an economic development...
  • So each economic development district would be required to have a board.
  • So, like currently, the LSU Economic Development District, they have a board.
  • So, yes, it is confined to each economic development district.
Summary: The House Education Committee met on May 6 and first welcomed LSU President Wade Roos and Chancellor Jim Dalton, who outlined LSU’s goals of becoming an elite, accessible flagship university, increasing research expenditures, improving student recruitment and retention, and expanding pathways that keep Louisiana students in-state. Members praised the new leadership and LSU’s workforce and research direction, and a representative from LSU enrollment reported gains in TOPS Excellence commitments for the coming fall. The committee then advanced several education bills. SB 105 by Sen. Kathy, which reinstates TOPS Tech eligibility for honorably discharged veterans, was reported favorably without objection. SB 374, also by Sen. Kathy, creates a uniform framework for college economic development districts; members adopted an amendment adding a legislator to each district board, and the bill was reported favorably with amendments. SB 304 by Sen. Edmonds, which authorizes the Board of Regents to establish a list of eligible accreditors and allows institutions to seek different accreditors, was reported favorably. SB 522 by Sen. Edmonds, allowing vocational and technical charter schools to apply directly to BESE as Type 2 charters with Commerce and Industry support, drew discussion about whether the authority should extend to public schools as well; it ultimately passed 9-1. The committee also approved SB 290 by Sen. Abraham, a cleanup bill requiring school system concurrence before student exit-code changes in the data system, and HCR 81 by Rep. Freiberg, which asks the Department of Education to study options for districts facing declining enrollment and related financial pressures. HCR 175 by Rep. Larvadain, a study resolution on possible TOPS Tech changes, was deferred by the author because it overlapped with another measure. Several members also used personal privilege to welcome local mayors and community guests to the committee room.