Video & Transcript Research : 'Boot Capital'
Page 104 of 405
FL
Florida 2025 Regular Session
February 13, 2025 - 09:00 AM
Transcript Highlights:
- A large source of revenue is fixed capital outlay, which we call public education capital outlay, often
- A large source of revenue is fixed capital outlay, which we call public education capital outlay, often
- process by which fixed capital outlay projects are submitted and approved.
- Capital projects are funds that are appropriated by the state Legislature for capital projects, along
- Capital projects are funds that are appropriated by the state legislature, Capital projects are funds
Summary:
The Higher Education Budget Subcommittee met to hear an overview of State University System finances from the Board of Governors and detailed budget presentations from Florida State University, the University of Central Florida, and the University of North Florida. The witnesses explained how university budgets are organized into fund categories such as education and general, contracts and grants, auxiliaries, local/designated funds, capital projects, and component units such as direct support organizations. They also described carry forward funds, the statutory reserve and spending-plan requirements, the PICO/HECO capital outlay process, and how universities use investment accounts, audits, and board oversight to manage restricted and unspent funds. The universities emphasized that most operating dollars are restricted to specific uses and that state support helps keep tuition low.
Members asked about differences in funding levels among institutions, especially why FSU receives more funding than UCF despite lower enrollment. Officials said preeminence funding, performance funding, and special legislative appropriations explain much of the difference, and the Board of Governors noted that Florida now has four preeminent universities, with UCF nearing that status. Questions also focused on what happens to unspent carry forward money, how it is invested, and whether the Board of Governors or Legislature can require funds to be returned; officials said the money is invested conservatively, subject to board and audit oversight, and can roll forward under a detailed spending plan, though the Legislature can change funding levels. The committee also discussed capital projects, with members asking about delays, inflation, and whether more projects should be phased or funded faster; witnesses said PICO funds remain with the state until needed and are reimbursed as construction proceeds.
A substantial portion of the discussion covered athletics, research, student fees, and endowments. The universities said athletics is generally expected to be self-supporting, though limited use of auxiliary or carry forward funds may be allowed for projects benefiting the broader student body. They also described the financial pressures from name, image, and likeness changes and new NCAA-related costs, and said institutions are planning for those changes now. On research, the universities explained sponsored research funding, indirect cost recovery, compliance obligations, and tech transfer, but did not provide specific commercialization revenue figures and said they would follow up. Members also asked about student fee increases, student input, counseling and wellness funding, and how housing costs affect affordability; the universities said student committees and boards review fees, and aid packaging is intended to keep student debt low. Endowments were described as being held in separate foundations/DSOs with independent investment committees and used mainly for scholarships, faculty support, and research.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Justice and Judiciary (9-17-25)
Transcript Highlights:
- renovations in the capital are going on. renovations in the capital are going on.
- Existing facility long term, you know, we're including Lincoln County in that capital plan for a new
- The rankings relative to what you will see in our next biennium capital construction request and what
- And that's the end of our capital construction update.
- And that's uh the end of our capital And that's uh the end of our capital construction<00:58:55.920
Summary:
The Interim Joint Budget Review Subcommittee on Justice and Judiciary met without a quorum and heard an update from the Administrative Office of the Courts on the judicial branch budget. AOC Director Zach Ramsey and budget director Carol Henderson outlined the branch’s current funding structure, noting that fiscal year 2026 general fund support is about 2.77% of the state general fund, below the National Center for State Courts’ typical 2% to 4% range. They emphasized Kentucky’s unusual responsibility for courthouse facilities, with the judicial branch directly involved in construction, maintenance, and operations across 229 facilities in all 120 counties.
AOC said nearly 91% of its general fund is spent on personnel and other non-discretionary costs, and that the branch has long relied on agency revenue, restricted fund carryforwards, and vacancy credits to balance court operations. Members were told that Senate Bill 25 required a $34.5 million transfer into a reserve account, part of which was used to purchase the Chamberlain Avenue building in Frankfort. AOC reported that only $11.9 million remains in restricted funds, while it projects needing about $13.5 million to cover fiscal year 2026 obligations, not including roughly $9 million in flood-related remediation costs for Hardin and Franklin counties, much of which it expects to recover through insurance and FEMA.
Looking ahead to the next biennium, AOC said it will seek full funding of court operations at $341 million annually, a $13.5 million increase to bring current services into the base appropriation rather than relying on reserves. It also previewed additional requests, including a 15% across-the-board pay parity plan for Kentucky Court of Justice personnel, replacement of declining master commissioner fee revenue tied to 141 deputy circuit court clerk positions, funding for technology subscription and case management system costs, JAV audiovisual system upgrades, AEDs and medical kits for courthouses, and other staffing and operational needs. Senator Funky Frommeyer asked whether the 15% salary proposal was included in the $13.5 million increase; AOC said it was not, and that it would be an additional request. No votes or formal actions were taken.
MN
Transcript Highlights:
- non-wage income sources, such as capital non-wage income sources, such as capital gains<00:36:55.080
- would impact capital gains very quickly. would impact capital gains very quickly.
- <00:58:21.120>
that AI, they're tying up capital that AI, they're tying up capital that could - <01:14:14.600>
gains, of capital gains, of capital gains, uh<01:14:16.200>also, <01 - Capital gains, cent of in our lives.
Bills:
HF3425
MN
Transcript Highlights:
- The Capital Investment Committee hearing for February 26 is called to order. A quorum is present.
- c> bonding,<00:09:18.399>
social social capital, family bonding, social social capital, family - Capital investment funding trail system.
- :03.760>
estimate the total capital improvement estimate the total capital improvement estimate - And those are all general obligation bond requests. governor's capital budget governor's capital budget
TX
Texas 89th 2nd C.S.
Trade, Workforce & Economic Developent Apr 30th, 2025
Transcript Highlights:
- But the challenges in developing condos um really lies in raising capital and financing these projects
- And when these projects can't go forward because they can't get capitalized, that means that we can't
- Can I add one more thing about this bill is that it provides access to capitals that that buyers have
- already deposited this capital in an escrow account.
- Um, but this is not a new source of capital or asking buyers to commit new money, but it's money that's
KY
Transcript Highlights:
- <00:10:55.839>
These budget and capital projects. These budget and capital projects. - So, I'll ask Sean now to talk about the capital budget and the overall budget for capital projects, the
- So, I'll ask Sean now to talk about the capital budget and the overall budget for capital projects, the
- So, I'll ask Sean now to talk about the capital budget and the overall budget for capital projects, the
- Uh you asked us to talk about uh capital Uh you asked us to talk about uh capital project<00:21:
Summary:
The Transportation Committee met to review the Transportation Cabinet’s budget request and the recommended highway plan; no votes were taken. Secretary Jim Gray opened with praise for KYTC snow and ice crews, describing their response to recent winter storms and noting the scale of the effort, including about 2,300 workers, 1,438 pieces of equipment, and more than 948,000 miles driven in the first week. He then outlined the cabinet’s overall highway plan, saying it includes more than 1,300 projects and about $9.5 billion in anticipated state and federal funding over six years, with roughly 40% directed to existing pavements, bridges, and guardrails. He highlighted major priority projects such as the Mountain Parkway four-laning, the Brent Spence Companion Bridge, and the I-69 Ohio River crossing.
Budget director Sean McCarron explained that the cabinet adjusted its request after the Consensus Forecast Group lowered road fund revenue estimates, and said the cabinet only included additional requests it viewed as essential. He described requests to support driver licensing regional offices, including funding to maintain temporary and contract staff used to reduce wait times, expand offices from 35 to 41 locations, and support improved customer service; he warned that without the current-year increase, wait times would rise again. He also discussed maintenance funding, saying the proposed increases would help cover rising costs for salt, snow and ice drivers, and mowing, while allowing continued litter pickup, vegetation management, pothole repair, and more in-house snow and ice work.
Deputy Secretary Mike Hancock addressed specific capital questions, especially the Brent Spence Bridge and Cairo Bridge. For Brent Spence, he said the requested $125 million in general funds is needed because construction costs have risen sharply, citing a 61% increase in highway construction costs from 2020 to 2025, and said Kentucky and Ohio are both contributing to keep the project moving. He added that if the legislature does not provide the $125 million, KYTC would have to shift $100 million in federal highway funds and $25 million in state match from other projects. Hancock also reviewed several project reauthorizations for maintenance facilities and aviation projects, and noted a $5 million federally funded truck parking project aimed at addressing statewide truck parking shortages, especially along interstates and in areas such as Louisville, northern Kentucky, Frankfort, Somerset, and western Kentucky.
FL
Transcript Highlights:
- And that's been the use of the workforce development capitalization incentive grant.
- Are they eligible for the workforce capitalization grant program?
- Workforce capitalization grant enabled us. Thank you.
- Workforce capitalization grant enabled us. Thank you.
- So we will address that need, but had it not been for the workforce capitalization grant, we would be
Summary:
The Education Postsecondary Committee met to hear an overview of Florida career and technical education (CTE) from Chancellor Kevin O’Farrell and presentations from Big Bend Technical College and Santa Fe College. O’Farrell described Florida’s CTE structure, including career clusters, postsecondary program types, enrollment and completion growth, apprenticeship expansion, and the state’s credentials review process. He said postsecondary CTE enrollment is near 480,000 students and completions reached a record 76,806, with strong growth in nursing, law enforcement, EMT, and other public-safety credentials. He also discussed the CTE audit, which uses retention/success, employment or continued education, and labor-market demand metrics; programs not meeting thresholds would eventually require phase-out plans beginning in 2026. He highlighted the workforce development capitalization grant as a major driver of program expansion and facility renovation, and answered questions about business outreach, construction trades, apprenticeships, and space-industry training.
Shelby McCall of Big Bend Technical College described how the college responded to hurricanes, mill closures, and regional economic disruption by expanding rural workforce training. She highlighted aluminum welding, millwright, welding technology, health sciences, and a new advanced manufacturing facility funded by state grants and local partnerships, along with a new LPN-to-RN bridge program. She said the college has strong placement and certification results and is working with employers such as Lippert, NAMO, and others to align training with local demand. Senator Simon praised the college’s role in Taylor County’s recovery and workforce development.
Dr. Paul Brody of Santa Fe College said state workforce grants have helped the college expand nursing, skilled trades, apprenticeship, automotive, diesel, and manufacturing programs, including partnerships with Bradford County Technical College, UF Health, Habitat for Humanity, and local employers. He reported growth in CTE enrollment, nursing credentials, apprenticeship enrollment, and job placement rates, and described new efforts in semiconductor training, CDL training, and a charter school model that combines high school, an AS degree, and industry credentials. The committee took no formal action beyond hearing the presentations and adjourned after Senator Berman moved to adjourn.
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (12-16-25)
Transcript Highlights:
- then are used for capital improvements. then are used for capital improvements.
- >> Well, we have a $230 million capital >> Well, we have a $230 million capital um<01
- 02:50.000>
oversight capital projects and bonds oversight capital projects and bonds oversight - capital improvement plan. capital improvement plan.
- also have are faced with a capital also have are faced with a capital improvement<01:21:02.320><
Summary:
The committee first received several information items, including University of Kentucky reports on medical and research equipment purchases, five school districts’ planned bond issues, and a School Facilities Construction Commission list of prior debt issues. Members then heard and approved an appropriation increase for a federally funded University of Kentucky project at the Central Kentucky Regional Airport in Richmond. The project will construct a terminal building and is tied to EKU’s airport operations and planned flight school; members asked about the public funding, the role of EKU, and possible aviation expansion, and the item was approved by roll call.
The committee next approved a University of Kentucky lease purchase for an 85,000-square-foot facility at 415 West Sun Street in Morehead for $6.4 million. UK said the property, formerly the Rowan County Board of Education site, is directly across from UK St. Clair and will be used for multiple purposes; members questioned the quarterly payment structure and why the county preferred not to receive the full amount upfront, but the item was approved. The committee then heard three appropriation increases in the Tourism, Arts and Heritage Cabinet: a Fish and Wildlife pump project at Ballard Wildlife Management Area and two Lake Barkley State Resort Park repair projects. Finance staff explained the Lake Barkley increases were mainly to cover construction contingencies after bids came in close to available funding, and the committee approved the action items.
Janice Thomas then presented four pool projects requiring no action: HVAC upgrades at the Future Farmers of America Leadership Training Center in Hardinsburg, geothermal and HVAC work at the Kentucky School for the Blind, a Brady Hall HVAC project at the Kentucky School for the Blind, and a renovation of Shanti Hall at Kentucky State University for the School of Engineering Technology. Members asked no substantive questions on those items. Finally, Natalie Broner presented a new CHFS lease in Wayne County and a Transportation Cabinet lease modification in Christian County. The Wayne County lease drew the most discussion, with members questioning the rent, the lack of other bids, and whether another county location might be preferable; CHFS said it maintains county-seat offices statewide and that the Wayne County site would replace an existing office. The Christian County item was described as a replacement site for driver licensing services with renovation costs largely absorbed by the lessor. Both lease items were presented for action after the discussion.
MD
Transcript Highlights:
- capital program. capital program.
- <00:42:29.960>
campaigns to support their capital campaigns to support their capital campaigns - <00:42:37.760>
budget capital budget capital budget believe<00:42:40.480>is <00:42:40.680 - I was capital budget chair for several years before that.
- I don't know why this capital budget.
Summary:
The House convened with prayer, quorum call, and approval of the previous day’s journal, then received Senate Bill 890 and several House committee reports. The first major measure taken up was House Bill 627, which establishes a Commission on Histories, Culture, and Civics in Education. Committee amendments clarified the commission’s purpose, membership, and charge to review curriculum materials and school calendars and make recommendations to the State Board of Education and the Maryland Higher Education Commission. Additional amendments added a disability community expert and preamble language. The bill prompted extended debate about whether the commission would promote diversity in curriculum, how it would address religious and ethnic representation, and whether it would include Christian or Catholic perspectives; supporters said it was meant to reflect communities that had requested inclusion and to improve the completeness of Maryland history, while critics questioned the need for a new commission and raised concerns about identity politics and curriculum control. The bill was ordered printed for third reading after second-reader consideration.
The House also considered House Bill 1582, the Education Program Accountability, Comprehensive Outcomes and Measures of Progress for Supporting Schools (COMPASS) Act. An amendment removed references to advanced professional certificates and national board certification from school quality indicators and required annual reporting on the relationship between composite scores and concentrations of low-income students. During discussion, members asked whether the bill was changing the scoring system and how much weight academics would carry; the response was that academic indicators would remain a majority of the score, but no single indicator could exceed 20% of the composite. The amendment and favorable report were adopted, and the bill was ordered printed for third reading.
The House then took up House Bill 1514 concerning Calvert County county officials and Board of Education salaries and benefits. Committee amendments were technical and removed a benefit provision related to a former commissioner; both the amendment and favorable report were adopted without opposition, and the bill was ordered printed for third reading. Finally, the chamber moved to special order calendar item Senate Bill 283, the Maryland Consolidated Capital Bond Loan of 2026. The House Appropriations Committee presented 198 amendments to the capital budget, describing them as balanced across regions and within debt affordability limits, and began moving the amendments in groups, starting with a technical amendment.
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Economic Development, Pub. Protection, Tourism, and Energy (2-17-26)
Transcript Highlights:
- And I would argue that the Commonwealth Seed Capital Corporation and Keyhorse Capital, the latter part
- <00:18:15.440>
and and get the access to the capital and and get the access to the capital - Secretary. >> Um, so I had questions about Commonwealth Seed Capital and Keyhorse Capital, the sort of
- Secretary. >> Um, so I had questions about Commonwealth Seed Capital and Keyhorse Capital, the sort of
- , not only how much is invested capital, not only how much is invested capital, how<00:35:08.560>
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.
NM
New Mexico 2026 Regular Session
IC - Legislative Education Study Apr 30th, 2026
Transcript Highlights:
- Just general data and information around public school funding, including capital outlay appropriations
- And those are all education-related capital outlay appropriations starting on page 68.
- Public School Capital Outlay Council has awarded a complete rebuild of their campus.
- outlay and finance, particularly how finance connects to that capital outlay.
- This is one of their few sources of capital outlay. Okay, that's All, Mr. Chairman. Thank you.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Economic Development, Tourism, and Environmental Protection (9-17-25)
Transcript Highlights:
- committee and any of you all personally about what is going on in parks, most importantly with our capital
- Capital<00:03:27.120>
project <00:03:27.519>breakdown <00:03:28.159>reporting. - <00:03:29.280>
Um Capital project breakdown reporting. - Um Capital project breakdown reporting.
- <00:27:15.039>
projects managing 284 more capital projects managing 284 more capital projects
Summary:
The Budget Subcommittee on Economic Development, Tourism, and Environmental Protection received a detailed update from Kentucky State Parks Commissioner Meyer on capital projects funded through HJR 76, HJR 56, and House Bill 6. He said the department is making steady progress on a large portfolio of park improvements, with regular quarterly reporting to the legislature and ongoing coordination with the Finance Cabinet, the Energy and Environment Cabinet, the Commonwealth Office of Technology, and local utilities and governments. He emphasized that ADA accessibility is a priority across projects and noted that many completed items, including campground bathhouse renovations, broadband upgrades, life safety improvements, playground replacements, and some furniture and mattress upgrades, are already drawing positive feedback.
The presentation focused heavily on campground, utility, and infrastructure work. Meyer described $40 million in campground upgrades split between western and eastern Kentucky, including projects at Ken Lake, Carter Caves, My Old Kentucky Home, Cumberland Falls, and others. He also outlined $20 million in utility improvements, including a federal matching grant for grid resiliency at Ken Lake and Kentucky Dam Village, plus wastewater and electrical infrastructure work at parks such as Dale Hollow, Blue Licks, Natural Bridge, and Cumberland Falls. Additional categories included building systems, life safety, structural repairs, accommodations and hospitality upgrades, pool and beach work, dam safety, playgrounds, and golf course improvements.
Members asked about the status of Lake Barkley utilities, the possibility of transferring upgraded utility infrastructure to local providers after repairs, and how park repair priorities are set. Meyer said park managers report issues through regional directors and that projects are prioritized through a running capital list, similar to a long-range transportation plan. He said the department has already spent the current $20 million allocation and is requesting $40 million in the next budget cycle, adding that the department believes it could spend and complete projects if that amount is appropriated. The commissioner also said the department is managing 284 additional capital projects outside the main funding streams, totaling nearly $70 million.
NM
Transcript Highlights:
- Investments Public School Capital Outlay Oversight Committee is another one, but that's also only on
- And that is throughout the entire capital.
- Capital North will be a different phase, but in the capital at least those task chairs have been installed
- In May, I believe task chairs for legislators' capital offices will be delivered and installed.
- Operating, yeah, operating capital. So that's just my official request. Thank you, Mr. and Ms.
NM
New Mexico 2026 Regular Session
IC - Legislative Finance Dec 9th, 2025
Transcript Highlights:
- Chair, Senator Padilla, I know the Pueblo of Pauake has a pretty big capital outlay request.
- I know Mescalero Apache also has a capital outlay request in for a center.
- I'm your capital outlay analyst at LFC. I'm joined by Wesley Billingsley.
- capacity for new capital projects, according to the December estimate, is at about $435 million.
- One of those is for emergency capital projects.
Summary:
The committee heard first from LFC staff on a brief about New Mexico’s universal child care expansion. Staff said child care assistance has clear benefits for parents and families, but LFC has not found evidence in New Mexico that it improves children’s educational outcomes; they argued pre-K is the better tool for that goal. The brief highlighted four concerns with universal access: an estimated annual cost of about $849.7 million, a sharp decline in registered homes, possible crowding out of lower-income families, and reduced access for children under age two. Staff also suggested possible mitigations such as prioritizing slots for low-income and at-risk families, reinstating sliding-scale co-pays, and tying quality improvements to workforce wages.
Members raised questions about the cost estimate, funding sources, provider quality, and whether the data showed actual crowding out. Several lawmakers expressed support for child care generally but concern about the fiscal impact and whether universal access would divert resources from the families most in need. Others emphasized the importance of child care for workforce participation, rural communities, and family stability, and questioned how registered homes are counted and regulated. LFC staff clarified that the cost estimate was for child care assistance only, not the entire ECECD budget, and that the data showed declines in the share of lowest-income children and infants/toddlers served, though not causation.
The ECECD secretary then presented the department’s response, saying universal child care is intended to complete a cradle-to-career system and that the department has already seen strong uptake, increased capacity, and rising workforce participation. She said 6,206 families were found eligible in the first month, the share of infants and toddlers served rose, and new provider applications and licensed slots increased after the November rollout. The department also emphasized wage increases, quality improvements, and a new wage scale/career lattice, while projecting a lower near-term cost than LFC’s estimate and requesting additional funding for child care, early pre-K, home visiting, workforce systems, and capacity-building. No votes or formal actions were taken in the portion provided; the discussion was informational and focused on questions and testimony.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 24, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- It's the safety net for capitalism. That's what Roosevelt intended it to be.
- Without additional resources, The OIG will not be able to capitalize on these new laws.
- One of my priorities is expanding access to capital for small businesses.
- Veterans face barriers when starting a business, when accessing capital. These challenges have...
- VETERANS FACE BARRIERS WHEN STARTING A BUSINESS WHEN ACCESSING CAPITAL.
MN
Minnesota 2025-2026 Regular Session
House Floor Session 5/17/26 - Part 6
Minnesota House Floor Meeting
Transcript Highlights:
- And I want to with capital investment.
- <00:15:00.399>
investment revisor for the capital investment revisor for the capital investment - experience of serving on capital experience of serving on capital investment,<00:26:23.039>
it - they have close allies in the capital. they have close allies in the capital.
- . capital. capital.
Summary:
The House took up House File 719, the capital investment/bonding bill, and members spent much of the debate praising committee staff and describing the bill as a bipartisan product shaped by statewide bonding tours and negotiations. Supporters highlighted major infrastructure and public facility projects, including water and sewer work, transportation projects, housing, natural resources, and specific local needs such as Grand Marais, the Manomomen County hospital/nursing home, and airport tower funding. Several members emphasized that the bill was a “Team House” effort and argued that infrastructure funding should not be treated as partisan.
During debate, members also focused on the bill’s water infrastructure investments and the need for broader, dedicated funding to address lead pipes, PFAS contamination, and rising wastewater costs. Representative Lee noted that more than $400 million in the package went to water infrastructure, while other speakers pointed to transportation funding and a one-time reduction in tab fees as important elements of the bill. Representative Franson and others urged support, saying the package reflected statewide needs and was a down payment on larger asset-preservation needs.
The House adopted three technical amendments to House File 719, then gave the bill its third reading. After floor discussion, Representative Niska moved to lay House File 719 on the table, and the motion prevailed, tabling the bill. The chamber then moved on to House File 2484, the cash portion of the infrastructure package, where members again described the measure as a small but important funding bill and discussed a Lower Sioux Indian Community Dakota language item and the limited size of each caucus’s cash allocation.
MN
Minnesota 2025-2026 Regular Session
Plastic bottle excise tax proposed 3/10/26
Minnesota House Floor Meeting
Transcript Highlights:
- <00:01:49.960>
Investment, I'm the co-chair of Capital Investment, I'm the co-chair of Capital - Our overall capital needs are significant.
- Our overall capital needs are significant.
- <00:17:49.040>
So, few few miles from the capital here. - So, few few miles from the capital here.
FL
Transcript Highlights:
- The $100 million of private capital available to rural small businesses is in...
- Melissa Ramba, Sutherland Capital, waves in support. Cameron Fink, AIF, waves in support.
- Slater Bayliss, Advantage Capital Partners, waves in support.
- Right now, we have a capital plan going on as well.
- Advanced Capital Partners. Chris Doolin, for information only, with a modest opposition.
Summary:
The Commerce and Tourism Committee heard and favorably reported several bills. SB 1672 removed duplicative state provisions related to labor pools; CS/SB 940 prohibited third-party sale of restaurant reservations without the restaurant’s consent; and CS/SB 1820 made changes to motor vehicle manufacturer and dealer franchise law, including disclosure of performance measures, anti-retaliation protections, and limits on franchise termination or nonrenewal. The committee also approved CS/SB 324, creating a revolving loan program to help small businesses affected by prolonged public works construction, and SB 936, which creates a recurring three-year study of the effects of AI, robotics, and automation on Florida’s workforce and economy. SB 1322, the Florida Rural Jobs Act, was amended and reported favorably to encourage private investment in rural small businesses through a state tax credit program. The committee also reported favorably on CS/SB 910, which regulates for-profit veterans’ benefit assistance services, and CS/SB 656, which extends protections from extraordinary collection actions to all bill-of-care payment actions by hospitals and ambulatory surgical centers.
The committee spent substantial time on CS/SB 1264, a broad Department of Commerce agency bill. The strike-all amendment added or revised provisions on Secure Florida, the RISE venture capital tax credit program, data center tax exemptions, business development classifications, military land transfers, and other economic development matters, while also repealing regional planning councils from statute. That repeal drew extensive opposition from local officials and regional council representatives, who argued the councils are important for emergency management, grant writing, planning, and support for small and rural communities. Supporters of the amendment said the councils could continue locally without state statutory involvement. After debate, the amendment was adopted and the bill was reported favorably, though Senators Davis and Smith voted no.
The committee also considered CS/SB 1238, which would tighten reemployment assistance rules by disqualifying claimants who fail to meet job-search requirements or refuse work, and by adding verification and reporting requirements. Supporters framed it as adding guardrails and preventing fraud, while opponents argued Florida’s unemployment system is already difficult to access and that the bill would add unnecessary barriers and costs. Despite opposition from labor and advocacy groups, the bill was reported favorably, with Senators Smith and Arrington voting no. Finally, the committee unanimously recommended confirmation of Alexis Yarborough and John Gilbert to the Board of Supervisors of the Central Florida Tourism Oversight District.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Committee Jun 24th, 2026
Budget and Fiscal Review
Transcript Highlights:
- gains taxes, when capital gains tax revenues exceed 8% of General Fund revenues.
- And we call this amount the amount of excess capital gains.
- The first of which is to create what we informally call super excess capital gains.
- to be deposited into the BSA, as well as maintain the existing excess capital gains revenue requirement
- And they would be larger than that in those super excess capital gains years.
MS
Mississippi 2026 Regular Session
MS Senate Floor - 12 March, 2026; 10:00 AM
Mississippi Senate Floor Meeting
Transcript Highlights:
- the capital of the state of Mississippi. the capital of the state of Mississippi.
- >> Yeah, uh this is capital >> Yeah, uh this is capital post-conviction,<01:02:56.160
- capital expense funding availability. capital expense funding availability.
- also had two projects for capital also had two projects for capital expense One was for a water
- million for capital million for capital or<01:57:18.120>
for <01:57:18.960>out <01:
Summary:
The Senate convened with a quorum present, opened with prayer and the pledge, and then dispensed with the reading of the journal, committee reports, and bill titles. The chamber also recognized several guests and groups, including the doctor of the day, visitors from Quebec, the Sumrall High School boys soccer team, Starkville public safety officials, and the Hattiesburg High School choral arts program. A resolution honoring the long-standing partnership between Quebec and Mississippi was read and adopted, and Ms. Nathalie Rivard of Quebec addressed the Senate about historical ties and economic cooperation between Quebec and Mississippi.
The Senate then moved through a series of procedural actions on the calendar, including multiple motions to table reconsideration on medical cannabis and ARPA-related bills, and several motions to not concur and invite conference on workforce and budget measures. Among those were Senate Bill 2294, the Mississippi Future Innovators Act, Senate Bill 2288 on workforce training, Senate Bill 2401 on workforce development, Senate Bill 2189 on budget transfers, Senate Bill 2895 on ARPA funds, and Senate Bill 2917 on appropriations transfers. These motions were adopted, sending the measures to conference or otherwise advancing them as noted.
A major portion of the meeting focused on appropriations bills. House Bill 1935, the Education Department appropriation, was explained in detail and adopted after a strike-all amendment; the bill includes funding for the student formula, teacher and assistant pay raises, special education supplements, school attendance officers, testing contracts, early learning coaches, and CTE instructor raises, with offsets from reduced or eliminated line items such as school safety platforms and certain vendor programs. The Senate also adopted strike-all amendments and passed House Bills 1936 and 1937 for Mississippi Public Broadcasting and the Library Commission, and then moved on to House Bill 1933 for the Bureau of Building. The Senate recessed until 2:30 p.m. and announced an appropriations meeting shortly after recess, while leadership noted that many supplemental appropriations bills would be considered later with attention to whether they contained reverse repealers and would go to conference or final passage.