Video & Transcript Research : 'financing'
Page 102 of 449
MN
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.
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.
MN
Minnesota 2025-2026 Regular Session
Minnesota House OKs SSHF5, the omnibus K-12 education budget bill 6/9/25
Minnesota House Floor Meeting
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.
TX
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.
NH
New Hampshire 2025 Regular Session
House Finance Division I (01/22/2025)
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.
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.
MN
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.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Internet and Technology - 02/25/2026
Internet And Technology
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
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.
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Jul 1st, 2026
Local Government
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.
ND
North Dakota 2025-2026 Regular Session
Legislative Audit and Fiscal Review Committee Mar 24th, 2026
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.
MN
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
MN
Minnesota 2025-2026 Regular Session
Committee on State and Local Government - 03/05/26
State and Local Government
Transcript Highlights:
- And it uh that's campaign finance reform.
- <00:45:45.760>
till <00:45:45.920>you finance, it'll sit in finance till you finance - I know you and campaign finance reform.
- Committee on Finance. Thank you, Mr. Committee on Finance. Thank you, Mr.
- <00:56:30.440>
and protects local government finances and protects local government finances
TX
Transcript Highlights:
- Each time they have been asked, including the finance hearing last week, they have answered by saying
- Finance Committee meeting finally got a half answer at best.
- I think at the Senate Finance hearing, there was a lot of good issues raised.
- So we first had the top-down, the policy. discussion with Senate Finance.
- One was supposed to have expertise in finance.
Keywords:
lottery, gambling, internet gaming, mobile application, criminal offenses, SB 687, land surveyor, land surveying, surveying services, construction contract, anti-indemnity, indemnity, hold harmless, defense obligation, standard of care, professional negligence, civil practice and remedies code, local government code, governmental agency, public contracts
Summary:
The meeting was a crucial session for discussing several important bills including SB992, which aims to establish a clear time frame for the Attorney General's approval on outside legal counsel for state agencies. Senator Nichols presented the bill, emphasizing its necessity for timely responses to ensure efficient legal processing. Another notable discussion centered around SB523, which seeks to allow parole and probation officers to use a business address on their driver's licenses for safety and security purposes. This bill passed favorably out of the committee, with public testimony supporting the need for such provisions due to the risks these officers face.
NH
New Hampshire 2025 Regular Session
House Finance Division III (02/19/2025)
Transcript Highlights:
- I'm going to go ahead and convene House Finance Division III today.
- talking about the division of finance talking about the division of finance that<00:06:55.120>
- commissioner um the division of finance commissioner um the division of finance is<00:07:11.800>
- That is correct, the Division of Finance.
- is fairly unique so um at at my finance is fairly unique so um at at my finance director<00:18:10.440
Summary:
House Finance Division III convened a work session on the DHHS budget, with the chair noting there would be no votes and that the committee would spend the day hearing from the commissioner’s office. Nathan White, DHHS Chief Financial Officer, opened with the Division of Finance/Office of Business Operations, explaining that the unit supports the department through daily financial management, AP/AR, audit work, expense projections, transfers, and procurement functions such as contracts, amendments, RFPs/RFAs, and grants management. He also described the division’s revenue and reporting work, including federal draws, CMS-64 reporting, and the public assistance cost allocation plan, and said the department had centralized rate-setting work and a small team handling Medicaid rate analysis and nursing facility rebase work.
Members asked about vacancies, turnover, and budget changes. White said the division had 18 positions unfunded in the governor’s budget, reducing personal services from about $10.8 million to $9.9 million, and estimated the division’s vacancy rate at about 11 percent, below the department average. He said turnover was relatively low, with one retirement at the manager level and higher turnover mainly at lower AP-level positions. He also explained that some budget lines reflected reallocations rather than new spending, including fringe benefits centralized elsewhere and an EBT card contract moved into this unit because the staff member overseeing it works in Finance. When asked about a rent/lease increase, he said it was due to higher copier leasing costs under a statewide DAS contract.
White highlighted several management and technology improvements. He said a business intelligence tool procured in 2022, using Salesforce and Excel-based data, helped DHHS better track federal revenue and maintenance-of-effort spending, reducing FY24 General Fund lapse by about 70 percent and federal/other revenue lapse by 88 percent compared with FY23; he warned that the tool is not funded in the current budget. He also described Lean Six Sigma efforts in the contracts team, training for vendors and nonprofits on procurement and indirect cost rules, and a Finance Academy to standardize policies and procedures. On the contracts side, he said the department uses Smartsheet for project management and DocuSign for electronic signatures, which cut contract execution time dramatically, but noted DocuSign is also not funded in the governor’s budget. The session ended as the committee prepared to move on to the Employee Assistance Program presentation.
NM
New Mexico 2026 Regular Session
Other - PSCOC Apr 22nd, 2026
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Nicholas Gonzales from the Board of Finance, has joined the team, and I apologize to Director Leach for
- Nicholas Gonzales from the Board of Finance, has joined the team, and I apologize to Director Leach for
- If not, we'll move on then to the finance.
- If not, we'll move on then to the finance. Report Mr. Chair and members, good morning.
- As we get down the road, we do not know necessarily what exactly the finances.
MN
Minnesota 2025 1st Special Session
Conference Committee on HF2563 5/18/25
Transcript Highlights:
- The meeting of the Legacy Finance Conference Committee came to order. We have a quorum.
- Uh, Chair Her, Senator Pratt, the formula was constructed when the legacy bill went into the finance
- But the formula was constructed in the finance committee, which you are also a member of, and we did
- Uh, Chair Her, Senator Pratt, the formula was constructed when the legacy bill went into the finance
- But the formula was constructed in the finance committee, which you are also a member of, and we did
MN
Minnesota 2025 1st Special Session
House Agriculture Finance and Policy Committee 4/9/25
Agriculture Finance and Policy
Transcript Highlights:
- [Music] I call the meeting of the Agricultural Finance and Policy Committee to order.
- and finding land in together financing and finding land in that<00:12:18.480>
timeline <00:12: - And I personally have struggled to find land after working with a private bank and the financing fell
- <00:32:14.320>
contains agricultural policy and finance contains agricultural policy and finance - <00:47:43.280>
after going to try to line up financing after going to try to line up financing
Bills:
HF2446
Keywords:
agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Commerce, Economic Development and Small Business - 03/04/2026
Commerce, Economic Development And Small Business
Transcript Highlights:
- The bill is reported to finance.
- This bill has the vote, so we'll move to finance.
- Senate Bill 6010 from Senator Baskin: an act to amend the Economic Development Law, the State Finance
- This bill is reported to finance. Our last bill is from Senator Ryan.
Summary:
The Senate Committee on Commerce, Economic Development, and Small Business held its first meeting of the 2006 legislative session, chaired by Senator April Baskin, with Senator Dean Murray and other members present. The committee took up six bills focused on small business, economic development, and related regulatory issues. Senators generally expressed support for the committee’s mission and for measures aimed at helping businesses grow and reducing red tape.
The committee reported Senate Bill 1052, directing the Department of Economic Development to move the Central New York Welcome Center to the Equal Rights Heritage Center in Auburn, to the calendar, with one opposed. Senate Bill 1613A, directing plans for mixed-use development and redesign on part of the Haremont campus, was reported to finance. Senate Bill 2051, allowing bed and breakfast establishments to sell cider, liquor, beer, and wine, was reported to the calendar after members said it had passed the Senate in prior years and supported it as a small business measure.
The committee also advanced Senate Bill 3561, which would require a study of kitchen incubators in New York State; Senator Borrello spoke in favor, citing a successful incubator example in his district, and Senator Zellner voted without recommendation, sending the bill to finance. Senate Bill 6010, creating more access to small business loans for micro-businesses, was reported to finance with broad support. Finally, Senate Bill 7332, establishing a small business regulatory nexus to provide regulatory information to small businesses, was reported to the calendar as a transparency and anti-red tape measure. The meeting concluded after all legislative items were acted on and members were reminded to submit voting sheets.
VT
Transcript Highlights:
- for notice and affecting the revenues of the state under rule 31, is referred to the committee on finance
- Now the bill has been read the first time and is referred to the committee on finance.
- 41.520>
on time and is referred to the committee on time and is referred to the committee on finance - Senate Finance will meet at 1:30. >> Are there further announcements? Yes.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Consumer Protection - 01/28/2026
Consumer Protection
Transcript Highlights:
- My press isn't here, but Mack Lulane is here from Finance, and Jackie Dalton is here.
- My press isn't here, but Mack Lulane is here from Finance, and Jackie Dalton is here.
- This bill is reported to the Finance Committee. Third bill, Senate Bill 5597 by Senator May.
- This bill is reported to the Finance Committee. Third bill, Senate Bill 5597 by Senator May.
Summary:
The Senate Standing Committee on Consumer Protection held its first meeting of the year on January 28, chaired by Senator Rachel May, with Ranking Member Patricia Canzoneri-Fitzpatrick and several other senators present. Chair May said the committee would focus this session on consumer protection issues such as surveillance pricing and the use of technology to target consumers unfairly. The ranking member briefly agreed on the importance of protecting vulnerable consumers and wished the committee a successful session.
The committee then considered six bills, all of which had previously passed the Senate. The measures covered school security guards (S.194B), notice to the Attorney General about arrangements that delay generic drug introductions (S.488A), warranties and protections for purchasers of new and used motor vehicles (S.5597), a cap on credit service charges in retail installment contracts (S.5600), requirements for rental helmets to address concerns about damaged helmets (S.6985), and making renewed appearance enhancement and barber licenses and certificates available online in downloadable PDF form (S.7483).
There was little discussion on most bills, though Senator May noted that the helmet bill was intended to address situations where rented helmets may have been damaged or consumers may not know their condition. Each bill was moved, seconded, and approved by the committee without opposition, with one bill reported to the Finance Committee and the others reported to first reading on the calendar. The meeting then adjourned after concluding legislative business.
MN
Transcript Highlights:
- Um, and then we're going to hear the initial presentation of the finance provisions today.
- committee so agrees, then we will vote on it on Wednesday to send it on to its next stop, which is the Finance
- Um, and then we're going to hear the initial presentation of the finance provisions today.
- Um, and then we're going to hear the initial presentation of the finance provisions today.
- So, I'll be doing a walk-through of Article Two, the transportation finance and policy provisions.
NM
Transcript Highlights:
- My name is Cecilia Mavro Mattis, and I am with the Department of Finance and Administration, and I'm
- This includes the Executive and Legislative Finance Committee recommendations for special supplemental
- So starting out right there on line one, you'll notice there's an appropriation to the Legislative Finance
- That's a New Mexico Finance Authority program that funds workforce housing.
- I serve as your Chief of Staff within Senate Finance.