Video & Transcript Research : 'Economic Development'
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KY
Kentucky 2026 Regular Session
Budget Review Subcommittee on Economic Development, Tourism, and Environment Protection (6-3-26)
Transcript Highlights:
- Budget Review Subcommittee on Economic Development, Tourism, and Environmental Protection.
- So today we have representatives from the Cabinet for Economic Development to discuss some economic development
- now<00:08:50.640>
have <00:08:50.720>a economic development side, we now have a economic - districts, local economic developers. districts, local economic developers.
- <00:36:15.599>
development those judges and economic development those judges and economic
Keywords:
The first few minutes of this meeting was missed on the live stream. This upload restores those few minutes, 958, all
Summary:
The subcommittee met with Secretary Jeff Null and General Counsel Matt Wing of the Cabinet for Economic Development for an overview of the cabinet’s main economic development tools, strategy, and compliance practices. Null said the cabinet uses a data-driven approach focused on competitiveness, site readiness, wages, workforce training, and long-term assets such as roads, rail spurs, water, and sewer improvements. He emphasized that the cabinet tries to balance attracting new employers with supporting existing businesses, and said compliance is a core value of the agency.
Null walked members through several programs, including the closing fund, Kentucky Business Incentive (KBI), Bluegrass State Skills Corporation training support, and the KIA sales-tax refund tool for construction materials and equipment. He said the closing fund has received $80 million over two years for projects generally involving at least $10 million in investment, though some flexibility exists. He also explained that Bluegrass State Skills funding is typically about $2,000 to $3,000 per job and can be used flexibly for training, including sending Kentucky workers to be trained elsewhere or paying trainers to come to Kentucky. He described KBI as a pay-as-you-go, incremental tax credit tied to actual jobs and investment, and said the legislature’s tiered refundable credit structure allows more targeted use of incentives in heritage and non-heritage counties.
A substantial portion of the presentation focused on compliance and monitoring. Null said incentive agreements are written with commercial terms and spell out jobs, investment, wages, and training commitments. The cabinet requires regular reporting, invoices, and sampling, and can use clawbacks or suspend benefits if companies fail to meet obligations or lose required environmental permits. He said the Kentucky Economic Development Finance Authority reviews incentive applications in public meetings and often requires company representatives to answer questions before preliminary approval is granted. No votes or formal actions were taken during the meeting.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Economic Development, Tourism, and Environmental Protection (8-20-25)
Transcript Highlights:
- creating jobs, and driving economic creating jobs, and driving economic development.<00:04:44.639
- the first handshake of economic the first handshake of economic development.<00:29:43.840>
a< - <00:30:33.919>
development um I I was in the economic development um I I was in the economic - <00:30:37.039>
development <00:30:37.520>and association for economic development and - <00:40:35.599>
development <00:40:36.000>from the boost in economic development from
Summary:
The committee heard a presentation from the Tourism, Arts and Heritage Cabinet and the Kentucky Department of Tourism on the 1% Tourism Meeting and Convention Marketing Fund. Officials said Kentucky tourism is a $14.3 billion industry that welcomed more than 80 million travelers last year, supports nearly 97,000 jobs, and uses the fund solely for tourism marketing and promotion, not capital projects. They noted the fund received additional appropriations in the enacted budget and also supports several designated tourism-related initiatives.
Commissioner Mike Manet described how the fund is used for paid media, public relations, international marketing, cultural heritage promotion, website content, regional matching grants, research, trade shows, and travel expenses. He said the department spent $10.8 million on paid media in 23 markets in 2024, focused on seven tourism pillars, and used research and advertising ROI studies to guide spending. He reported 180 PR placements, 3.2 billion earned impressions, 3% growth in international visitation, and 12% growth in international spending to $257 million. He also highlighted the African-American Heritage Trail and said the regional matching funds program distributed $2 million to 87 local tourism commissions.
Members asked about the rise of AI in search results, how domestic and international visitor data are collected, how ad agencies are selected, and how regional matching funds are allocated. The commissioner said the department uses GPS-based and federal data, including National Travel and Tourism Office figures, and that ad agencies are chosen through an RFP process. Representative McDaniel raised concerns about bourbon tourism and Canadian visitation; the commissioner said Canadian travel is down significantly, bourbon-related visitation has softened, and the department is shifting more spending toward in-state and closer drive markets while emphasizing bourbon’s heritage story. Representative Fugate asked about eastern Kentucky tourism and ATV trails, and the commissioner said those trails are included in advertising, social media, and earned media efforts. No votes or formal actions were taken.
WV
West Virginia 2026 Regular Session
WV Senate Finance Committee in Session Mar 10th, 2026 at 03:25 pm
Transcript Highlights:
- Chairman, I move the adoption of the amendment from the Committee on Economic Development.
- Question on adoption of the amendment from the Committee on Economic Development.
- identified by the director of the Division of Economic Development as having potential for economic
- Question on adoption of the amendment from the Committee on Economic Development.
- Economic Development Authority.
Summary:
The Senate Finance Committee met with a quorum present and first approved the minutes from the prior meeting. It then reconsidered Committee Substitute for House Bill 5212, noting that an Education Committee amendment had been inadvertently omitted the day before; the vice chairman withdrew the prior motion to report the bill, and the committee returned to the bill with the technical Education Committee amendments pending. The transcript then moved through a long agenda of bills and supplemental appropriations, with the committee generally hearing brief explanations from counsel, occasional member questions, and then voting to adopt amendments and report measures to the full Senate.
Among the substantive policy bills, the committee advanced House Bill 4007 on the Industrial Access Road Fund, allowing an additional possible $3 million transfer in a fiscal year, expanding eligible uses, and increasing county/municipal spending limits; House Bill 4765, which raises salaries for state police, teachers, and school service personnel and, via a strike-and-insert amendment, creates a market pay enhancement tied to county and regional income data; House Bill 5162, recodifying tax lien sale procedures and clarifying ownership and government-property tax treatment; House Bill 5382, extending the Neighborhood Investment Tax Credit Program to July 1, 2031; House Bill 5685, authorizing up to $150 million in revenue bonds backed by excess lottery funds for State Culture Center improvements; House Joint Resolution 42, placing a constitutional amendment on the ballot to raise the homestead exemption from $20,000 to $40,000; House Bill 4010, creating an airport hangar grant program and fund; House Bill 4404, increasing from $500 to $5,000 the amount volunteer fire departments may spend on training and fire prevention materials; House Bill 4592, requiring standardized campus safety mapping data for higher education institutions; House Bill 4784, extending and making retroactive a qualified opportunity zone business tax modification; and House Bill 5088, increasing retirement benefits for Division of Natural Resources police officers, with a one-time $4.25 million cash injection.
The committee also reported several supplemental appropriations and originating bills, including Senate Bill 842 for the Spay Neuter Assistance Fund, Senate Bill 846 for Culture and History capital repairs, Senate Bill 872 for Natural Resources capital repairs (reduced to $10 million in committee substitute), Senate Bill 876 for Department of Health facilities, Senate Originating Bills 1 through 5 covering Culture and History, road funds, corrections IT and services, tobacco education, and the Adjutant General’s armory board transfer, respectively. Most items were adopted by voice vote; House Bill 4765’s strike-and-insert amendment was adopted after a division vote of 10-6. The committee then adjourned.
WV
West Virginia 2026 Regular Session
WV Senate Finance Committee in Session Mar 10th, 2026 at 03:25 pm
Finance
Transcript Highlights:
- identified by the Director of the Division of Economic Development as having potential for economic
- Chairman, I move the adoption of the amendment from the Committee on Economic Development.
- Question on adoption of the amendment from the Committee on Economic Development.
- Economic Development Authority.
- Economic Development Authority.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Nov 3rd, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- It's unlike some other tools in economic development, shifted to the developer because if those revenues
- The first one is to advance community and economic development.
- and sustainable economic development goals for the state.
- for economic development.
- But it's scored based on the state's goals for economic development.
TX
Transcript Highlights:
- HB 1844 by Gehan relating to certain requirements applicable to certain municipal economic development
- programs and grants for to the Committee on Trade, Workforce and Economic Development.
- For the Committee on Creative Workforce and Economic Development, HB 1927 by Leo Wilson, relating to
- The Committee on Trade, Workforce and Economic Development, HB 2227 by Hinojosa relating to the period
- To disable certain stolen mobile devices in front of the Committee on Trade Workforce and Economic Development
KY
Kentucky 2026 Regular Session
Joint House Committee on Local Government and Senate Committee on State and Local Gvt. (3-11-26)
Transcript Highlights:
- <00:04:56.840>
Development including the Economic Development including the Economic Development - We also have an economic development program.
- development allotment year over year to that $3,300,000 economic development allocation.
- And uh economic development allocation.
- economic development grant side. economic development grant side.
Keywords:
Upon adjournment of the concurrent meeting, the Senate State and Local Government committee will continue meeting, 958, all
Summary:
The concurrent meeting began with roll calls for both the Senate Standing Committee on State and Local Government and the House Standing Committee on Local Government, establishing quorums. The committees then heard a Department for Local Government presentation on the Community Development Block Grant program, which serves smaller and more rural areas. Commissioner Matt Sawyers and Executive Director Mark Williams explained the 2026 HUD application as a public hearing, noting an estimated total of a little over $25 million, with proposed allocations for public facilities, community projects, economic development, public services/Recovery Kentucky, and housing. They also described proposed changes, including shifting some funding from economic development to housing, raising non-traditional application ceilings, extending the economic development application window, and giving the commissioner flexibility to reallocate funds if requests exceed the allotment. No legislators or members of the public asked questions, and both chambers approved the presentation and then adjourned the House portion.
The Senate committee then took up Senate Bill 149 by Senator Elkins, which updates county treasurer statutes. The bill shortens the waiting period for appointing an acting treasurer from 30 days to 5 days and allows fiscal courts to appoint a temporary treasurer for up to 60 days during vacancies, illness, incapacity, or termination. Members discussed the need for continuity in county finances, and the bill received favorable expression 9-0.
Next, the committee considered several housing-related bills from the housing task force. Senate Bill 224, by Senator Mills, creates vested property rights for development applications and narrows who may appeal certain local land-use decisions; the committee adopted a substitute, then approved the bill 8-1 after members raised concerns about standing language and possible impacts on local participation. Senate Bill 225 requires the housing and construction department to analyze the cost and housing-supply effects of proposed housing regulations; it passed 9-0 after a committee substitute. Senate Bill 233, by Senator Neal, removes annual financial reporting requirements for homeowners associations with 14 lots or fewer to reduce burdens on small developments; it passed 9-0. Finally, Senate Joint Resolution 75, as amended, directs the Public Service Commission to study affordability and water/wastewater utility regionalization, including possible consolidation of small districts; the amendment and the resolution both passed 9-0, with one member noting concerns about whether the matter should proceed as an administrative case rather than a study.
NM
New Mexico 2025 Regular Session
IC - Economic and Rural Development Jul 7th, 2025
Economic & Rural Development & Policy Committee
Transcript Highlights:
- Secretary for the Economic Development Department. Good to see you again.
- So I'd like to focus on three separate items with respect to infrastructure and economic development.
- We're also here to take care of people, keep those rates down, and help with economic development.
- There's a lot of, you know, It's really geared towards our local economic development.
- Because it all comes back to economic development, and that's what this is about.
TX
Transcript Highlights:
- With respect to child care resources for the Committee on Trade, Workforce, and Economic Development,
- The Committee on Workforce and Economic Development reviews HB 5226 by Harrison, which relates to the
- HB5390 relates to the cooperation of economic development program participations of the local workforce
- development boards and is referred to the Committee on Trade, Workforce, and Economic Development.
- HB5520 by Gamma relates to border protection and economic development services programs and other measures
NM
New Mexico 2025 Regular Session
IC - Indian Affairs Jun 2nd, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- Uh, our second main topic is economic development.
- Uh, under economic development, we have tribal energy development, broadband access, um, looking at the
- Um, mine kind of falls in economic development and education.
- I think that's it for the economic development. Thank you. Thank you.
- The, the other one is, uh, with economic development.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/12/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Um, welcome to March 12th, 2026, to the House Workforce, Labor, Economic Development, Finance, and Policy
- Economic growth grows the economic pie.
- Economic growth grows the economic pie.
- Economic growth grows the economic pie.
- Um, when you're looking at the key economic advantages developed over time, Minnesotans do have a general
TX
Transcript Highlights:
- We show you registered as John Beckman on behalf of North American Development Bank.
- We have the best governor in the United States when it comes to economic development, and he's a very
- And having this office being connected to the best economic development operation in the country led
- Um, $850 million in economic, uh, uh, value annually.
- The the one from NOAA, the economics. Of the federally permitted Gulf shrimp fleet.
ND
North Dakota 2025-2026 Regular Session
Advanced Nuclear Energy Committee Jun 16th, 2026
Transcript Highlights:
- development and supply chain considerations, workforce development and training, as well as a few other
- purpose of economic development.
- development efforts.
- We evaluate the potential economic impacts associated with energy development in addition to agriculture
- And so they've decided to take a leadership position on SMRs and to develop them before they're economic
Summary:
The Advanced Nuclear Energy Committee met to review prior minutes and hear a series of presentations on advanced nuclear technology and state readiness. The committee approved the April 21, 2022 minutes. Nucleon’s William Bridge outlined the advanced nuclear landscape, distinguishing near-term light-water SMRs from more advanced Gen 4 reactors and microreactors, and emphasized that fuel supply, especially HALEU, remains a developing supply chain. He said light-water designs are the most deployable in the near term, while advanced reactors may be better suited for industrial heat applications and could face a 2- to 3-year delay from fuel availability.
Representatives from NASEO described how other states are supporting advanced nuclear through task forces, roadmaps, pilot programs, financing tools, workforce and supply-chain efforts, and regional coordination. They highlighted the Advanced Nuclear First Mover Initiative and stressed that states are focusing early on emergency preparedness, community engagement, waste management, affordability, and consumer protections. They also noted that some states are creating nuclear-ready community programs and cost-recovery guardrails, while public utility commissions are examining long-term lifecycle costs and rate impacts.
North Dakota agencies then outlined their potential roles. The Public Service Commission said it would likely be involved in public-interest review, siting, and rate regulation, but noted current statutes may not fully address long-term nuclear projects, co-location, or decommissioning. The Department of Environmental Quality said it would continue to regulate radioactive materials and likely support emergency planning, while fission reactor oversight remains federal. The Department of Emergency Services said it would serve as the lead off-site preparedness agency, needing a radiological emergency program, training, exercises, equipment, and possibly industry funding. The Department of Water Resources said North Dakota has sufficient surface water, especially from the Missouri River, but that water planning would be important; it did not recommend statutory or budget changes at this time. The committee recessed for lunch after these presentations, with no additional votes or actions taken.
MN
Transcript Highlights:
- Chapter 469 is the economic development statutes, and 469.1763 specifically is tax increment financing
- I'm Melanie McMahon, the deputy director of the Department of Planning and Economic Development in the
- Chapter 469 is the economic development statutes.
- Lauren Dites, director of economic development for the city of Marshall, said they have been working
- like to have Lauren Dight's Economic like to have Lauren Dight's Economic Development<00:12:49.600
MN
Minnesota 2025 1st Special Session
House Energy Finance and Policy Committee 2/13/25
Energy Finance and Policy
Transcript Highlights:
- are excited about this Economic are excited about this Economic Opportunity<00:09:29.399>
for - development opportunities.
- development opportunities.
- <00:47:54.000>
Development <00:47:54.520>opportunities New Economic Development opportunities - New Economic Development opportunities and<00:47:56.440>
the <00:47:57.040>excuse <00:47
WY
Wyoming 2026 Regular Session
Joint Minerals, Business & Economic Development Committee, June 5, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- :16.560>
economic <00:05:17.199>development uh US economic development uh US economic development - >
but on economic development uh metrics, but on economic development uh metrics, but I'm<00:08 - economic development development uh economic development framework.<00:08:24.479>
I'm <00:08:24.720 - governor's office of economic governor's office of economic development development development
- economic development is how you do that. economic development is how you do that.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Aug 12th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- We have the same setup at State Economic Development.
- We're going to go to the report on the Economic Development Revolving Fund with **Fernando Martinez**
- This portion came from the Economic Development Department, which is federal money.
- Is it economic development? Is it both?
- I know the Department of Economic Development now has...
US
US Federal 2025-2026 Regular Session
Hearings to examine advancing carbon capture, utilization and sequestration technologies and ensuring effective implementation of the USE IT Act. Feb 12th, 2025 at 09:00 am
Environment and Public Works Committee
Transcript Highlights:
- We've entered the era of climate economic consequences.
- protection considerations and capacity development.
- Environmental protection, economic development, water use, and public health needs of their state are
- Carbon management brings economic development.
- China will enjoy the economic development, hundreds of thousands of jobs, and a healthier environment
ND
North Dakota 2025-2026 Regular Session
House Finance and Taxation Apr 15th, 2025 at 09:00 am
Finance and Taxation
Transcript Highlights:
- A lot of those wells were not very economic.
- And then, of that decade, unfortunately, not all of it's economic today.
- And then of that decade, unfortunately, not all of it's economic today.
- It was that development.
- This is some areas that we haven't seen any development ever in.
Summary:
The Finance and Tax Committee met to consider Senate Bill 2397 and a proposed amendment creating a development incentive well program for North Dakota oil and gas production. Representative Dockter explained the amendment as a way to encourage exploratory and innovative drilling in light of the state’s financial outlook and the growing share of stripper wells. Department of Mineral Resources Director Nathan Anderson and DMR geologist Timothy Nashim presented background on the Bakken and Three Forks formations, with Nashim describing research showing that Middle Three Forks second-bench development can add reserves in some areas but not others, and that roughly 600 additional wells in the strongest area could yield about 250 million barrels of oil.
Continental Resources representatives William Houser and John Argo supported the amendment. They said the bill would give a temporary oil extraction tax exemption for certified development incentive wells, limited to 36 months or 300,000 barrels, and would also update tax treatment for gas used in enhanced oil recovery and on-site electric generation. They argued the measure would encourage new technology and testing in existing spacing units, complementing House Bill 1483, which they said focused on geographic expansion into non-Bakken and non-Three Forks areas. Argo said Continental still invests heavily in North Dakota but is shifting rigs elsewhere because of economics, and he urged incentives to spur exploration and preserve the basin’s long-term future.
North Dakota Petroleum Council executive director Ron Ness also supported the concept, calling it a targeted, low-risk way to encourage innovation and future barrels. Committee members asked about royalty treatment, the difference from House Bill 1483, pressure maintenance, and how the program would be administered. DMR said the amendment should clarify that the operator bears the burden of proving a well qualifies and that only one incentive well per stratigraphic interval should be certified. No vote was taken; the committee paused to work on revised language and indicated the bill would likely need further adjustment, possibly in conference committee.
TX
Transcript Highlights:
- Corpus Christi is a breeding ground for that economic development.
- And so it's, it's really important that we consider that, you know, this also impacts economic development
- Uh, with respect to, uh, economic development activity that has been canceled, halted, or hindered due
- So, if we do ever make a large sale, we're going to spend a lot of money on economic development in those
- We're doing all kinds of economic development things.