Transcript Highlights:

• Welcome to the House Committee on Finance.
• So, just briefly, she has a finance and accounting degree, and she's also a CPA.
• is a department of budget and finance is a department of budget and finance adjustment<04:09:48.319
• We are reconvening the House Committee on Finance for budget briefings.
• > for<04:43:39.520> budget Committee on Finance for budget Committee on Finance for budget

Keywords: 910, house, all

Transcript Highlights:

• think we should acknowledge that this is your last meeting and you can end on being the chair of the Finance
• you can end on being the chair<00:03:53.120> of<00:03:53.280> the<00:03:53.440> Finance
• chair of the Finance Committee. chair of the Finance Committee. >> yep. >> yep.

Keywords: 1187, senate, all

Transcript Highlights:

• With that, the bill is reported from committee to the Finance Committee.
• With that, the bill is reported from committee to the Finance Committee.
• The bill is reported from committee to the Finance Committee, and with that we can adjourn.
• needs without recommendation one without recommendation the bill is reported from committee to the finance

Keywords: 993, senate, all

Summary: The Internet Technology Committee met on February 25 at 12:10 with Senator Gonzalez chairing and Senator Stec as ranking member. The committee considered a series of bills focused on artificial intelligence, cybersecurity, biometric surveillance, and related technology issues, including measures to create a Chief Artificial Intelligence Officer, require notices for generative AI systems, direct a state agency telework report, require multi-factor authentication for governmental entities, establish a Secure Our Data Act, study facial recognition technology, restrict biometric surveillance by law enforcement, and increase transparency for synthetic content and AI training data. Most bills were moved and reported out of committee, with several sent to the floor and others referred onward to the Finance Committee, Codes Committee, or reported without recommendation or with opposition noted. SB 933, SB 934A, SB 936A, SB 3699, SB 6954A, SB 6955A, SB 7263, and SB 9051 were reported to the floor; SB 1139, SB 1961A, and SB 9051 were sent to Finance; and SB 5609 was sent to Codes. Votes varied by bill, with some receiving no opposition and others drawing one or more nays or without-recommendation votes. Senator Gonzalez also briefly highlighted SB 9051, which would prohibit AI chatbots from using features considered unsafe for minors, describing it as a response to concerns about harm from companion bots and chatbot interactions with children. The chair noted work with the Attorney General’s office and Common Sense Media and said the bill was intended to promote regulation and accountability for companies deploying such systems. The meeting concluded with thanks to the ranking member and staff, and the committee adjourned.

Transcript Highlights:

• ,<00:46:14.080> then be possible in terms of financing, then be possible in terms of financing
• There are owner financed to some extent.
• external lenders who will help finance external lenders who will help finance it.<00:46:23.440><
• <00:46:46.080> and accountants and it involves finances and accountants and it involves finances
• <00:46:48.160> and<00:46:48.280> it uh, the finance institutions and it uh, the finance

Keywords: 1187, senate, all

Transcript Highlights:

• It being 10:00, I'll call the Finance Committee meeting to order and announce that we have replacements
• Welcome to Finance. First bill up is Senate Bill 63.
• <01:03:45.280> committee bill from the the finance committee bill from the the finance committee
• Um, but that's our job is to look at the finance numbers.
• So I wanted to clarify finance numbers.

Keywords: 928, house, all

Summary: The Finance Committee first took up Senate Bill 63, which Representative Maguire described as a straightforward bill setting funding for the Division of Travel and Tourism. He said it was not controversial. The committee voted to retain the bill by roll call, with one no vote and one member absent, and the motion passed 23-1-1. The committee then considered Senate Bill 74, dealing with annual reporting requirements for state departments that issue permits. Representative Maguire explained Amendment 2282 would shorten the reporting burden by requiring summary data on delayed permits rather than listing every permit, and would delay the first report until 2027 so agencies would not have to reconstruct old data. The amendment was adopted by voice vote, and the bill was then approved as amended by a 24-1 roll call vote. Next, the committee heard Senate Bill 241 on construction of a public pier at Hampton Beach. Representative Sweeney moved inexpedient to legislate, saying the project was ambitious and lacked public support. The motion passed unanimously 25-0, sending the bill to consent. Division Two then took up Senate Bill 145, a replace-all amendment to the education freedom account bill. Supporters said the amendment clarified the bill, kept the policy intact, removed a reimbursement program and an open-ended appropriation, and established a cap of 10,000 students with priority for current students and certain other groups. Opponents argued the measure was still a major expansion, would increase spending after crossover, and that the cap was not meaningful. After discussion, Amendment 2301H was adopted and the bill was approved as amended by a 25-0 vote, with members noting it could go on consent because no money remained in it.

Transcript Highlights:

• And I did order it to finance, right?
• And I did order it to finance, right? And I did order it to finance, right?
• And the reason I ordered it to finance And the reason I ordered it to finance is<03:24:06.319>
• Senate Finance Committee will come out of recess as soon as the senators are ready. Okay.
• . finance. finance.

Keywords: 1191, senate, all

Transcript Highlights:

• We also include some information on their continuing appropriations for Housing Finance Agency.
• transfer of some programs from the Department of Commerce, some housing programs over to Housing Finance
• For the record, I am Brandon Deloff, the executive director of the Housing Finance Agency.
• I’m the CFO for North Dakota Housing Finance. Before you, we have what was in Senate Bill 2014.
• She's our finance lead.

Keywords: 908, all

Summary: The committee met as the Regulatory Division of the budget section and received updates on several Industrial Commission-related agencies and programs. Legislative Council first reviewed base budget materials, then the North Dakota Housing Finance Agency reported on its current appropriation and staffing, noting that its new FTEs were being filled gradually and that it remained largely funded through special and federal funds. Agency leaders described homeownership lending, loan servicing, and housing incentive fund activity, including below-market mortgage rates, down payment assistance, and a growing servicing portfolio that has increased workload but not yet required additional FTEs. Housing Finance also detailed use of the Housing Incentive Fund and homeless grant dollars. Officials said the multifamily HIF round drew more than $73 million in requests and awarded $25 million, while the single-family program supported rural development and community land trusts. Homeless grant funding was split between emergency shelter, prevention, and rapid rehousing, with performance-based scoring used to renew or reallocate awards. Members discussed housing affordability, aging households, rental assistance, and the need to coordinate housing and site-preparation messaging with Commerce. The agency asked that HIF, single-family, and homeless funding be maintained or increased in the next session. The Department of Mineral Resources then presented its budget and operations update. Staff said the agency was on track financially, had filled most of its new reclamation FTEs, and was not expecting major litigation costs beyond normal late-biennium invoices. The director reviewed agency initiatives including Project North Star IT modernization, organizational restructuring, succession planning, rulemaking, and implementation of the development incentive well tax program and critical minerals rules. He also discussed oil and gas activity, explaining that longer laterals, especially three- and four-mile wells and the first five-mile spacing case, are helping keep production relatively flat even as rig counts ease. Members asked about gas capture, hedging, break-even prices, and the effects of Iran and Venezuela on oil markets. The committee also heard about enhanced oil recovery grants and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with total awards reaching about $45.1 million when other fund balances were included, subject to a possible 5% reduction if federal DOE money does not materialize. Officials said the projects are public, reimbursement-based, and will produce results over the next several years. Finally, the Pipeline Authority outlined natural gas transmission projects, including the imminent Bakken Express line and the proposed Bakken East project, which WBI was selected to advance after an Industrial Commission RFI process. The project is moving through open season, survey permission, and regulatory work, with in-service dates projected for 2029 and 2030.

Transcript Highlights:

• All financing terms have to be disclosed.
• If a consumer is financing a purchase, there is a three-day waiting period so a buyer can have his own
• If a vet determines the animal is unfit for purchase, any financing arrangement is terminated.
• Number one, does Petland offer financing, and if someone were to default on the finance...
• Does Petland offer financing, and if someone were to default on the financing, what happens to the pet

Summary: The committee heard several bills and took favorable action on a number of them. CS/CS/SB 54 by Senator Sharif would require district medical examiners to perform toxicology screening for psychotropic drugs and intoxicating substances in autopsies of identified violent offenders, consult treating providers when available, document findings, and report results to state agencies; it passed after brief questions and one opponent waived against. CS/SB 176 by Senator Polsky would require public colleges and universities to publish clearer campus safety reporting and response procedures for threats to students, faculty, or staff; it also passed favorably with no opposition. CS/CS/CS/SB 290, the Florida Farm Bill by Senator Trumbull, was the longest item and drew extensive testimony. The bill covers fair association rules, preemption of local limits on gas- and diesel-powered farm equipment, surplus of certain state-owned lands for agricultural use, a food animal veterinarian loan repayment program, permanent funding for Farmers Feeding Florida, forest service training, signal jammer penalties, CDL exam cheating penalties, no-solicitation protections, inspector protections, biosolids rules, and contractor payment enforcement. Members adopted multiple amendments, including changes to contractor payment language, expanding vet loan repayment to equine vets, merging citrus research entities, technical updates to fair statutes and nonprofit definitions, and a late amendment removing the bill’s disparagement/free-speech section after significant public testimony and debate. A separate late amendment on biosolids delayed compliance timelines for Broward County, and the bill then passed favorably as amended. The committee also approved CS/CS/SB 834 on nonprofit religious organizations, which repeals a restriction on health care sharing ministries partnering with licensed insurance agents, while adding a disclaimer requirement through amendment; the bill passed with support from some faith-based and consumer groups and one waiver against. SB 936 on temporary door locking devices passed without opposition. CS/SB 50 would expand veterans’ courts statewide as an option in all judicial circuits for service-related issues such as PTSD, traumatic brain injury, and substance abuse; it received broad support from veterans and advocacy groups and passed favorably. CS/SB 1004, in strike-all form, would regulate dog and cat sales by requiring disclosure of medical records and financing terms, adding a three-day waiting period for financed purchases, and treating violations as unfair trade practices; an amendment removed an appropriation section, and the bill passed after questions about financing and pet retention. The committee then approved CS/CS/SB 178, which directs the Florida High School Athletic Association to adopt rules allowing coaches to provide good-faith support to student-athletes for basic needs like food, transportation, and recovery services, while requiring reporting and preserving anti-recruiting enforcement; members discussed possible parental-consent language, and the bill passed favorably. Finally, the committee began hearing CS/SB 198 on virtual currency kiosks, with Senator Rouson explaining that it would regulate crypto kiosks to combat fraud, require operator registration, fraud warnings, blockchain analytics policies, and transaction limits, but the transcript cuts off before further action on that bill.

Transcript Highlights:

• All financing terms have to be disclosed.
• If a consumer is financing a purchase, there is a three-day waiting period so a buyer can have his own
• If a vet determines the animal is unfit for purchase, any financing arrangement is terminated.
• Number one, does Petland offer financing, and if someone were to default on the financing, what happens
• Does Petland offer financing, and if someone were to default on the financing, what happens to the pet

Bills: S0050, S0054, S0176, S0178, S0198, S0290, S0420, S0502, S0538, S0706, S0834, S0936, S0962, S1004, S1080, S7022

Keywords: veterans, treatment court, nonviolent felony, probation, mental health, cognitive function, psychotropic drugs, violent offenders, autopsy procedures, medical records, school safety, campus safety, higher education, university safety, college safety, student safety, threat assessment, violence prevention, credible threat, campus security

Summary: The committee heard and advanced several bills, beginning with CS for CS for SB 54, which requires district medical examiners to perform toxicology screenings for psychotropic drugs and intoxicating substances in autopsies of violent offenders and report findings to state agencies. It was reported favorably after brief discussion about how the data would be used. CS for SB 176 also passed, requiring public postsecondary institutions to make campus safety reporting and response procedures clearer and more accessible for students, faculty, and staff who receive threats. Both bills were approved without opposition in the meeting. The committee then took up the large Florida Farm Bill, CS for CS for CS for SB 290, which drew extensive testimony and multiple amendments. The bill includes changes to fair associations, a preemption on local restrictions affecting gas- and diesel-powered farm equipment, surplus of certain state-owned lands for agricultural use, a food animal veterinary loan repayment program, permanent authorization for Farmers Feeding Florida, expanded Florida Forest Service training, a ban on signal jamming devices, tougher CDL English-proficiency penalties, protections for food safety inspectors, biosolids provisions, and contractor payment enforcement. Amendments expanded veterinary loan eligibility to equine veterinarians, merged citrus research entities, made technical corrections, and revised contractor payment language; a late-filed amendment removed the bill’s disparagement clause after significant First Amendment concerns and public testimony. A separate amendment delayed biosolids compliance deadlines. The bill was reported favorably as amended. Also approved were CS for CS for SB 834, which repeals a restriction on health care sharing ministries partnering with licensed insurance agents, while adding a disclaimer requirement; SB 936, allowing temporary door locking devices at any height above the floor and directing the Building Commission to add standards to the code; and CS for SB 50, expanding veterans’ courts statewide. Later, CS for CS for SB 1004 advanced with a strike-all regulating dog and cat sales, requiring disclosure of medical records and financing terms, a three-day waiting period for financed purchases, and consumer protections against deceptive pet sales; an amendment removed an appropriation section. The committee also approved CS for CS for SB 178, which directs the FHSAA to adopt rules allowing coaches to provide limited good-faith support to student-athletes, and CS for CS for SB 198, regulating virtual currency kiosks with registration, warnings, transaction limits, receipts, and refund protections. Each of these bills was reported favorably by recorded vote.

Transcript Highlights:

• We now looking a little bit on the little bit of a financing side piece, so we don't need to retread
• So while we would love for everybody to do the right thing because it's the right thing, the finances
• But I do think we need to make sure that we include finances for these kids. Thank you.
• I want to just make a couple comments about the finance piece.
• So Otto has a personality disorder because he just thinks about school finance.

Keywords: 959, house, all

Transcript Highlights:

• Uh, Senate File 3832 has been passed and referred to the Committee on Finance.
• Finance. Uh thank you Senator Coopek. Finance. Uh thank you Senator Coopek.
• Sorry, education policy or education finance.
• Sorry, education policy or education finance.
• <01:56:10.960> Committee to the Environment Finance Committee to the Environment Finance Committee

Keywords: 1187, senate, all

Transcript Highlights:

• House Bill 520 relating to campaign finance.
• This measure provides that the finance.
• <01:30:09.120> laws prosecutions under campaign finance laws prosecutions under campaign finance
• Campaign finance laws only work if they're actually enforced.
• To July 1, and move it on to finance.

Keywords: 910, house, all

Summary: The committee heard opening remarks and ground rules from Chair David Tarnas, including a request for two-minute testimony limits, clear speaking, Zoom etiquette, and respectful conduct. The first measure taken up was HB 2062, relating to gun violence prevention, which would appropriate funds for enforcement of gun violence protective orders and for public awareness campaigns. Judiciary submitted written testimony recommending technical changes to clarify that it does not enforce laws and instead should be funded for personnel to process temporary restraining orders and gun violence protective orders; the Department of Law Enforcement supported the bill and said it is well positioned to conduct public education. Support also came from county and advocacy witnesses, including Moms Demand Action, Giffords Gun Owners for Safety, HGEA, and a retired police officer, while opposition testimony argued the measure raises due process and Fifth Amendment concerns and that education, not enforcement, should be the focus. The chair noted 37 testimonies in support, 103 in opposition, and three comments; no vote was taken in the portion provided. Testimony on HB 2062 emphasized both public safety and constitutional concerns. Supporters described the bill as a way to increase awareness of an existing legal tool, prevent suicides and shootings, and help law enforcement and the public understand gun violence protective orders. Opponents, including gun owners and firearms groups, argued that red flag laws can be abused, lack due process, and should not be expanded through state funding. A county neighborhood safety witness suggested an amendment to allow public, private, and nonprofit consultants to assist with training and implementation. Members asked a few questions, but the agencies with written testimony were not present, so the chair referred members to their submissions. The committee then moved to HB 2061, relating to firearms, which appropriates money for the state gun buyback program and requires at least two buyback events in each county. Written support was noted from the Department of Law Enforcement, Hawaii County Council, the County of Kauai Prosecuting Attorney, and the Hawaii State Association of Counties, with the latter emphasizing that buybacks are voluntary prevention tools that can reduce risk before crises escalate. Opposition came from the Mid-Pacific Pistol League, SDM Training Group/Bows and Bullets, and others; one witness argued buybacks are ineffective, costly, and can be vulnerable to misuse or black-market diversion, and suggested a year-round surrender option instead. The committee heard additional support from a retired police officer and from a gun violence survivor with Students Demand Action, but no final action or vote was taken in the excerpt provided.

Transcript Highlights:

• <01:18:27.520> Uh establish a finance committee. Uh establish a finance committee.
• <01:18:44.640> committee authorizer in these finance committee authorizer in these finance
• And I want addition to a finance bill.
• <01:52:25.440> Um the education finance discussion. Um the education finance discussion.
• It's been quite a an experience finance.

Keywords: 1187, senate, all

Transcript Highlights:

• consider the financial capacities of local agencies to pay for regional projects and can consume the finances
• or projects and can consume the finances or debt<00:03:15.879> capacities<00:03:16.400> of
• <01:41:38.360> advisory transportation Finance advisory transportation Finance advisory committee
• That's just creative ways of financing project delivery.
• That's just creative ways of financing project delivery.

Keywords: 1187, senate, all

Summary: The committee heard testimony on Senate File 285, a bill to shift MnDOT highway project cost participation away from local governments and onto MnDOT. The bill’s author and several city representatives said current cost-share policies force cities to spend local aid, property taxes, or debt on state highway projects they do not control, leaving less money for local streets and maintenance. Testifiers from Richfield, Elk River, Faribault, Minneapolis, and the Minnesota Association of Small Cities all supported the bill, describing the policy as one-size-fits-all, financially burdensome, and especially harmful to smaller cities and cities with major state highways running through them. Witnesses gave examples of large and sometimes changing local cost-share obligations, including Richfield’s spending of most of its MSA funds on projects it does not own and a small-city project where the estimated local share rose from about $2.3 million to over $3 million. Several testifiers said cities often have little practical ability to refuse MnDOT projects because the projects are valuable and MnDOT can move on if a city declines. One witness also raised concerns about money being paid upfront and held in an account during construction, causing cities to lose interest earnings while funds sit unused. Members asked whether cities truly have a say in these projects and whether there are limits on how much the local share can increase. Testifiers said MnDOT does engage cities, but the cost participation policy largely dictates the outcome, and they described the municipal consent statute as too narrow in practice. Senators expressed concern about fairness and the burden on local budgets, while one member noted the bill may not fully address the broader consent issue. No vote or final action was taken in the portion of the meeting provided.

Transcript Highlights:

• Before you is House File 5, which is a K-12 education finance and policy bill that we’ll be considering
• Before you is House File 5, which is a K-12 education finance and policy bill that we’ll be considering
• The Senate brought a bill that had made it out of their Senate Finance Committee, and the joint targets
• <00:02:57.800> committee it out of their senate finance committee it out of their senate finance
• As the co-chair of the Education Finance Committee, I'll be... 2433.

Keywords: 1183, house

Transcript Highlights:

• Senate Committee on Finance will come to order. Clerk, please call the roll. Huffman - here.
• **Chair Huffman**: The Senate Committee on Finance will come to order. Clerk, please call the roll.
• Good morning, Senator Huffman and members of the Senate Finance Committee.
• Good morning, Senator Huffman and members of the Senate Finance Committee.
• The finance committee will stand recess.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• and they approve the project financing and they approve the project financing that<00:07:36.400>
• <00:09:01.680> in page is a list of projects financed in page is a list of projects financed
• Authority and New Hampshire Housing Finance Authority by state law.
• divided between the business financing divided between the business financing Authority<00:11:42.480
• All right, so we had scheduled the Business Finance Authority.

Keywords: 928, house, all

Summary: New Hampshire Housing Finance Authority officials, led by Executive Director Rob Dapice, briefed legislators on the agency’s structure and funding. They explained that the authority is created by state law but is not a state agency, its debt is not state debt, and it is governed by a board appointed by the governor and approved by the Executive Council. The discussion focused on the Affordable Housing Fund and the lead paint hazard remediation fund, including how state appropriations and federal resources are combined to finance affordable rental housing and lead abatement work. Dapice said the Affordable Housing Fund is used as gap financing for multifamily affordable housing projects, typically alongside federal tax credits and tax-exempt bonds, and that state dollars leverage roughly 2:1 to 10:1 in additional federal and private investment, averaging about 4:1. He said the fund has received historic appropriations in recent budgets, including $30 million over the last two biennial budgets and an annual $5 million set-aside from the real estate transfer tax. He also said the fund is usually structured as 0% interest, deferred loans rather than grants, with repayments returning to the fund if projects generate cash flow. Members asked about rents, oversight, staffing, revenues, and whether the programs had added positions. Dapice said affordability restrictions generally last 30 to 99 years, rents are tied to income limits and capped so tenants pay no more than 30% of income, and compliance staff inspect properties regularly to verify income eligibility and rent limits. He said the organization has about 130 to 135 employees, down from about 145, with no new positions added because of the appropriations. He estimated total revenues at roughly $300 million, with administrative budget around $22 million, much of it pass-through grant money. On lead paint remediation, he said the state first appropriated $6 million in 2019, plus $1 million in ARPA funds, and that the program has cleared more than 500 units. He said the federal grant program is not annual or predictable, with a recent award of about $7.75 million, and that the maximum federal grant per unit is $177,000, typically paired with up to $100,000 in state loan support. He also noted that the program can address homes before a child is poisoned if lead hazards are identified, but that cases involving an already exposed child are a higher priority. No votes or formal actions were taken.

Transcript Highlights:

• delays and at times jeopardizes the financing of the of the project.
• And in order to assemble the package of various financing instruments necessary to make this happen,
• That was my first project as mayor, and it is financed through other bond districts and all that.
• West Sacramento has been one of the state's leading cities in terms of tax increment financing.
• Providing alternative risk financing options.

Keywords: 988, house, all

Transcript Highlights:

• Brady Martz coming up: Housing Finance Agency.
• The first one is North Dakota Housing Finance Agency.
• Any questions on Housing Finance Agency before I move on?
• I'm the CFO for North Dakota Housing Finance Agency.
• They charged them with managing the finances of that jurisdiction.

Summary: The committee met to receive a series of audit presentations, beginning with the statewide Annual Comprehensive Financial Report (ACFR) for fiscal year 2025. The State Auditor’s Office and OMB reported a clean, unmodified opinion for the state, with strong financial results including a $40.6 billion net position, $30.99 billion in assets, $1.81 billion in liabilities, and continued Legacy Fund growth. OMB also explained the new GASB 101 compensated-absences reporting change and discussed pension-liability fluctuations tied to discount-rate assumptions and investment performance. Members asked about how the state compares to others and about the effect of short-term commodity price swings, and OMB said the report reflects actual fiscal-year results rather than forecasts. The committee then heard the University System audit, which also received a clean opinion but included four findings: misreporting of Strategic Investment and Improvements Fund revenue, insufficient monitoring of service organizations at CTS, NDSU, and UND, improper bank reconciliations at Dakota College of Bottineau, Dickinson State, and Williston State, and investment/cash reconciliation problems at Bismarck State College related to bond proceeds. University officials agreed with the findings and said corrective actions were underway, including internal review of bank reconciliations. Members raised questions about NDSU’s use of certificates of deposit, and university staff explained that CDs are used to earn interest on funds being accumulated for future projects. Several other audits were presented, most with clean opinions and no findings, including the State Auditor’s Office, Workforce Safety and Insurance, Housing Finance Agency, Housing Incentive Fund, Job Service North Dakota, the Retirement and Investment Office, PERS, the Center for Distance Education, the Commission on Legal Counsel for Indigents, the Ethics Commission, and the Office of Administrative Hearings. Notable exceptions included a State Fair Association audit with an adverse opinion on the foundation component unit because its financial statements were not available for audit, and a Securities Department performance audit finding that performance-based pay increases and bonuses were issued without required evaluations. The committee also discussed the State Auditor’s future needs, including more staff capacity, data analytics, cybersecurity reviews, possible subpoena authority, independent legal counsel, and whether some audits—such as the Ethics Commission and State Fair—should be handled by independent third parties or under different statutory arrangements.

Transcript Highlights:

• You're on your way to finance. Thank you so much.
• You're on your way to finance. Thank you so much.
• You're on your way to finance. Thank you so much.
• concerns regarding impacts on financing concerns regarding impacts on financing which<00:52:28.240
• Uh, there's no question of the need for you going to finance the project under you going to finance the

Keywords: 1187, senate, all