Video & Transcript Research : 'Boot Capital'

Page 109 of 408
KY
Transcript Highlights:
  • The Kentucky Communications Network Authority transmitted their quarterly report for capital projects
  • projects and pursuant to House capital projects and pursuant to House Bill<00:03:08.200> 1<00
  • The project was originally approved and reported to capital projects and bond oversight in January of
  • The project was originally approved and reported to capital projects and bond oversight in January of
  • The project was originally approved and reported to capital projects and bond oversight in January of
Keywords: 958, all
Summary: The committee first approved the January minutes and then received several informational reports on school district tax levies, revenue bonds, lease advertisements, and previously rejected lease transactions. Members were told that one rejected lease for the Cabinet for Health and Family Services in Hardin County would be canceled and rebid, while a Perry County lease modification for the Energy and Environment Cabinet would proceed. The Kentucky Communications Network Authority also submitted its quarterly capital projects report, and Eastern Kentucky University reported revisions to asset preservation projects. Janice Thomas, Deputy State Budget Director, presented four capital project action items. These included a Kentucky State University Betty White Building renovation funded by USDA grant money, a Department of Education state schools dormitory and cottage renovation appropriation increase because bids exceeded estimates, a restricted-funds scope increase for the Elizabethtown CTC science building expansion, and a pool project report for the Department of Corrections’ KCIW kitchen drain line repair and replacement. Representative Petrie asked about how often the statutory authority for midstream project increases is used and whether bids are typically competitive; Thomas said the increases are used often when bids come in above estimates and that bids are generally competitive, though construction costs have been difficult to gauge. The committee unanimously approved the first three action items, and the KCIW project was reported with no action required. H. Sandy Williams of the Kentucky Infrastructure Authority then presented six loans and one emergency grant. The items included loans for Frankfort’s East Frankfort Interceptor wet weather facility project, Sturgis wastewater improvements, Scottsville inflow and infiltration work, Morganfield wastewater treatment plant planning and design, Western Pulaski County Water District transmission improvements, and Springfield water system planning and replacement work, plus an emergency Kentucky Waters grant for Eddyville following a sewer treatment plant failure and local emergency declarations. After no questions, the committee unanimously approved the seven KIA transactions. Chelsea Couch then presented a Kentucky Housing Corporation conduit issuance for $38.4 million to finance a multifamily rental project in Jefferson County; members asked how the committee participates and were told it was a conduit issuance rather than state debt. The committee approved that item. Finally, the committee heard an informational Turnpike Authority refunding issuance of about $53 million for present value savings, then approved four SFCC debt issues for Henderson, Pulaski, Scott, and Trimble counties to finance school renovations and construction. The meeting ended with notice of the next meeting date and location.
MN

Minnesota 2025 1st Special Session

House Floor Session 4/23/25 - Part 1

Minnesota House Floor Meeting

Transcript Highlights:
  • File 3220 be recalled from the Committee on Education Finance and re-referred to the Committee on Capital
  • <00:10:42.560> I the committee on capital investment.
  • I the committee on capital investment.
  • <00:10:58.560> This<00:10:58.800> bill sit in capital investment.
  • This bill sit in capital investment.
Keywords: 1183, house
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Jan 28th, 2026

Financial Services

Transcript Highlights:
  • Interest, income, uh, be like interest, dividend, capital gains, uh, sale of royalties.
  • Interest, income, like interest, dividend, capital gains, sale of royalties.
  • Interest, income, like interest, dividend, capital gains, sale of royalties.
  • <00:08:05.759> gain dividend stocks or uh capital gain dividend stocks or uh capital gain
  • There's a lot of capital out there waiting to start companies here.
KY
Transcript Highlights:
  • <00:21:58.559> projects were several or a few capital projects were several or a few capital
  • Again, historical society authorizes additional funding for Kentucky Old State Capital Preservation Capital
  • Um, hopefully that'll give that gives an... maintain their capital uh facilities. maintain their capital
  • funding for Kentucky Old State Capital funding for Kentucky Old State Capital Preservation<00:27
  • c><00:27:18.960> 5 Preservation Capital Project of about 5 Preservation Capital Project of about
Summary: The House Standing Committee on Appropriations and Revenue met to consider House Bill 500, the executive branch budget bill, and House Bill 504, the judicial branch budget bill. The chair explained that the committee substitute for HB 500 was a starting point in the budget process and that a committee amendment was needed to correct a numbers discrepancy. The amendment to PHS1 was adopted, and the committee then adopted HB 500 as amended, with one no vote and several passes; the bill was reported favorably. The committee also voted to roll the committee amendment into PHS1 so it would be considered as a single unified version. The chair gave a broad overview of HB 500, describing funding for statewide costs, a 2% salary increase in each fiscal year for executive branch employees and elected officials, and broad percentage cuts of 4% in FY27 and 3% in FY28 with many exemptions. He highlighted funding changes for education, Medicaid, health insurance for state and school employees, public safety, corrections, health and family services, postsecondary education, fire programs, tourism and parks, and several capital projects. He also noted language changes or removals that were intended to clean up the bill rather than eliminate programs, and said some items were held steady or fully funded based on current estimates. Members asked about SEEK transportation funding, the budget reserve trust fund, and why Medicaid benefits were funded below the governor’s request. The chair said the reserve included general fund and Department of Insurance restricted funds as a safeguard, with some of that money available if Medicaid costs exceed expectations. He said Medicaid benefits were held flat at FY26 levels because eligibility and utilization have declined, but the committee added reporting requirements and oversight to monitor trends. A member expressed appreciation for the SEEK increase and KEPH stability, while another voted no on HB 500 because they were still reviewing the document and believed some items were missing. The chair then said the committee would move on to HB 504, but no action on that bill is included in the excerpt.
MS

Mississippi 2026 Regular Session

Appropriations - Room 216, 18 February, 2026; 11:00 AM

Appropriations

Transcript Highlights:
  • And then finally, we've got the $5 million for capital expense. That's R&R.
  • <00:10:41.839> expense that that's it'll be capital expense that that's it'll be capital expense
  • This is capital expense. All right. Thank you very much. >> Thank you. >> So, Mr.
  • expense not general >> this is capital expense not general funds. funds. funds.
  • This is capital expense. All >> Okay. This is capital expense.
Summary: The committee began with process instructions about using committee substitutes, identifying bills with reverse repealers, and taking up noncontroversial items in blocks. It then approved Senate Bill 3051, the DFA budget, which included LBR-level funding with a reverse repealer and agency-by-agency allocations for the status of women, DFA, tort claims, state property insurance, BEAM, and Mississippi Home Corporation. Senate Bill 3052, the governor’s support budget, was also approved as a final-action bill without a reverse repealer, with members noting the reduction from the prior year was tied to lower federal funding. The committee then handled the IHL budget bills. Senate Bill 3053, the general support bill, included a 3% across-the-board raise for IHL professors and $20 million for repair and renovation at universities, plus $5 million for UMMC; it passed as a committee substitute with a reverse repealer. Senate Bill 3054, the original IHL-related bill, passed without a committee substitute. Bills 3055 through 3059 were taken up in block and approved, providing 3% increases for A units at Alcorn State and Mississippi State. Senate Bill 3060, student financial aid, added about $7.7 million for scholarship costs, including MESG, MTAG, and Winters-Reed loan repayment, and passed as a committee substitute. The committee also approved the larger IHL budget bill with a reverse repealer and discussed, but did not fund, a UMMC cancer center request at that stage. Subcommittee 3 presented education-related bills. Senate Bill 3062 was approved at LBR with a reverse repealer and included a large transfer from the education enhancement fund. Senate Bill 3063 added $15 million for repair and renovation and $8.11 million for faculty pay raises, and passed as a committee substitute with a reverse repealer. On Senate Bill 3064, the Employment Security Commission budget, members discussed whether the committee substitute included a reverse repealer and noted they might revisit that on the floor if needed; the bill was advanced. Subcommittee 4 then took up Senate Bills 3065, 3066, 3068, and 3069 in block and approved them: Ethics Commission funding increased for salary realignment and a database; Judicial Performance Commission language was tightened to freeze the director’s salary and ensure youth court oversight funds were used solely for that purpose; Tax Appeals Board funding was increased to restore cuts and vacancy funding; and Workers’ Compensation Commission funding rose to cover commissioner salary increases and related language changes. Later, the committee approved Senate Bill 3067 for the Department of Public Safety, which included a reverse repealer, LBR-level funding, additional money for furniture for the new headquarters, and reappropriation language. Senate Bill 3071, the GCRF bill, was approved with a reverse repealer and reappropriation language for prior-year projects. Senate Bill 3072, the Department of Mental Health budget, was approved with a reverse repealer and included $12 million for the Canopy project, prior-year invoice funding, and language tied to mental health-related legislation. Finally, Senate Bills 3073 through 3075 were taken up in block for licensing boards, with increases for the Chiropractic Examiners, Dental Examiners, and Pharmacy boards, including funding for licensing system updates, vacancy funding, and expansion of the pharmacy recovery program.
MS

Mississippi 2026 Regular Session

Appropriations - Room 210; 14 January, 2026: 3:30 PM

Appropriations

Transcript Highlights:
  • We all have identified all sorts of capital projects.
  • We all have identified all sorts of capital projects.
  • So, we the of capital projects.
  • <00:44:50.720> expense formula for if it's capital expense formula for if it's capital expense
  • was mentioned 179 million in capital was mentioned 179 million in capital improvements.<00:45:10.160
Summary: MDES presented its FY27 budget request, describing the agency as a special fund workforce agency focused on helping Mississippians get jobs through employment services, labor market information, and unemployment insurance. Executive Director Bill Ashley said the revised request seeks level spending authority similar to FY26, with line-item changes driven mainly by higher salaries and fringe benefits and lower contractual services. He said MDES currently has 406 employees, 28 active recruitments, and six additional planned positions, for a requested total of 440 positions, down from 453 authorized last year. The request also includes $1.4 million for the State Longitudinal Data System and $400,000 for Accelerate Mississippi fiscal support. Committee members asked about the SLDS pass-through funding, whether it is recurring, and the staffing/pin changes; MDES explained the SLDS is a recurring annual pass-through and that the staffing request reflects turnover and recruitment needs rather than a net expansion. Accelerate Mississippi then outlined its FY27 request and program updates. Officials said the office is requesting level funding overall, with some salary adjustments tied to benefits and two new positions, including one for Talent Solutions and one systems administrator. They described workforce initiatives such as Encore, a recruiter/instructor program; Facet, a partnership with Northwest Mississippi Community College to strengthen instructor preparation; Power Path, a K-12 advanced manufacturing credential model; and expanded career coach activity, reporting 204 coaches serving 209 schools and more than 22,000 unique student interactions. They also reviewed funding streams for workforce enhancement training, Mississippi Works, Equip Mississippi, and ARPA, saying ARPA funds are on track to be fully spent by the September 30 reimbursement deadline and that monthly check-ins are being used to ensure funds are drawn down. Members asked about the budget changes, the use of contractual services, and the career coach program; the office said it was shifting some audit and monitoring costs to the funds being monitored and was not requesting an increase for career coach funding. The Mississippi community college presidents and the Community College Board also presented their budget priorities. They reported that Mississippi community colleges served 88,600 students in academic year 2023 and said the system’s graduation rate is about 42 percent, with a goal of reaching 55 percent. Their FY27 request includes a 6 percent salary increase for employees, increased basic operations funding, and continued support for CTE Advantage programs, totaling $61.5 million in general support. On facilities, they requested $150 million after receiving no facilities funding last year, citing roughly $413 million in identified needs across capital improvements, repairs and renovations, and pre-planning. The Community College Board requested restoration of $310,000 in general fund cuts and a new $2 million appropriation for adult education, noting that an estimated 300,000 to 330,000 Mississippians lack a high school diploma. No votes were taken during the presentations.
NH

New Hampshire 2025 Regular Session

House Finance Division III (05/20/2025)

Transcript Highlights:
  • So capital investments in that building.
  • Yeah, up to the $3 million. putting money into this this capital putting money into this this capital
  • They're putting it in capital fund.
  • million and a half of that capital million and a half of that capital expense.<00:15:48.480>
  • But of capital fund matching, whatever.
Keywords: 928, house, all
Summary: The committee heard testimony on Senate Bill 118, as amended, which contains several unrelated provisions with a modest fiscal note. Nathan White of the Department of Health and Human Services explained that section 1 would change the personal needs allowance for Medicaid-eligible residents of private and county nursing homes from an adjustment every five years to an annual adjustment, increasing the state cost by about $50,000 per year. He also described section 2, a one-time appropriation of about $160,000 to make certain Hampstead employees whole for missed bonuses and lost leave during the state’s transition of the facility to Dartmouth management. White then outlined sections 3 through 5, which would create a dedicated fund for Hampstead lease revenue to cover the state’s contractual obligation to match Dartmouth capital improvements dollar-for-dollar up to $3 million. He said the state receives about $1.141 million in lease revenue in the first year, with a 3% annual escalator, and that the fund would hold lease revenue until needed for reimbursement. Members questioned how the matching arrangement would work, what happens if Dartmouth spends before the fund has enough money, and whether the state could refuse to match certain improvements. White said Dartmouth has final determination under the agreement if disputes arise, and that if the bill does not pass the state could face difficulty meeting the obligation without cutting services or finding other general funds. Several members also raised policy concerns about the personal needs allowance becoming an automatic cost driver. Brian Clark, attorney for the Bureau of Adult and Aging Services, clarified that current law requires the allowance to be updated at least every five years, but the legislature could change it in an off year if it chose. He also explained that the allowance is money residents retain from their own income, such as Social Security, as part of Medicaid cost-of-care calculations, and that the department does not regulate how residents keep those funds. No vote was taken during the discussion, and the committee paused to correct the bill copy before continuing testimony.
NH

New Hampshire 2025 Regular Session

House Public Works and Highways (03/25/2025)

Transcript Highlights:
  • It's really a stupid way to allocate capital, like you wait.
  • A lot going on in the capital. Projects. That's going to be...
  • normally hold money in the capital normally hold money in the capital budget<00:54:40.640> for
  • So, in the back of the capital budget.
  • > a<00:58:52.640> number<00:58:52.799> of capital budget, there's a number of capital
Keywords: 928, house, all
Summary: The committee heard testimony on proposed improvements to the New Hampshire State Police gun range and training facility. Commissioner Robert Quinn and Major Brendan Davy said the range is used for realistic, scenario-based training that cannot be replicated at a standard static range, including movement, use of cover, vehicle-based drills, elevation, and training under elevated heart rates and stress. They said the facility is important not only for state troopers but also for local and federal partners, and that it is used regularly for qualifications, requalification, and special unit training. Members asked about specific limitations and costs. Major Davy said the PSTC range is handgun-caliber only because the backstop is not rifle-rated, and local law enforcement can use the State Police range for qualification. Representative Kazinski questioned the size and cost of the project, and Public Works Director Theodore Copper then explained the estimate: $1.5 million for building and site work, plus soft costs, utilities, design, and inflation, bringing the total to $2.3 million. He said the proposed facility would include office space, two classrooms, restrooms, and heating and air conditioning, and that the estimate was reasonable. The committee also heard from Milford School District Superintendent Christy Misho in support of CTE funding. She said Milford has been working for years to secure support for an applied technology center renovation, that prior local bond efforts fell short of the required threshold, and that the district now plans a CTE-only local bond of about $4 million while seeking $10 million from the state. She argued the investment is needed to modernize outdated equipment and support workforce training, and said the district remains committed to the project. In work session action, the committee corrected a prior vote on the Pease Development Authority warehouse removal and replacement project, increasing the amount by $353,300 to $1,973,300 and raising the agency subtotal to $4,155,300. The committee also approved adding two Community College System items: $500,000 for an energy management system and $1.3 million for critical maintenance, for a total addition of $1.8 million. No objections were raised to these motions.
FL

Florida 2026 Regular Session

Fiscal Policy Apr 22nd, 2025

Fiscal Policy

Transcript Highlights:
  • Then there's a guilty verdict beyond a reasonable doubt of the capital offense.
  • In this case, and with the capital sex bat, we've put in two aggravators.
  • It's what we did with the capital sex battery.
  • Fort is proud to be the fishing and boating capital of the world.
  • Fort is proud to be the fishing and boating capital of the world.
Summary: The committee took up a series of criminal justice, health, and public safety bills, with several measures reported favorably after brief sponsor presentations and mostly no opposition. CS for SB 1782 on dangerous excessive speeding, CS for SB 306 on Medicaid provider network access, CS for SB 716 on mandatory minimums for certain sexual offenses by registered offenders, CS for SB 1084 on intimate image dissemination and digitally forged images, and CS for CS for SB 1604 on corrections-related litigation and sentencing changes all passed the committee. Members also approved CS for SB 1838, which increases protections for court officials from tampering, harassment, and retaliation, and CS for SB 1252, which directs FDLE to study a statewide pawn data database. CS for SB 468 on fleeing or eluding, CS for SB 490 on off-duty concealed carry for certain officers, and CS for SB 890 on blood clot screening and treatment also received favorable votes, with SB 890 drawing supportive testimony from the bill sponsor, medical and patient advocates, and family members affected by blood clots. The most extensive debate centered on CS for CS for SB 1804, which would create a capital offense for adults trafficking children under 12 or mentally incapacitated persons for sexual exploitation. Senator Martin defended the bill as a response to especially heinous crimes and argued it fit within constitutional punishment principles, while several members raised concerns about the Eighth Amendment, the risk of lengthy and costly litigation, and the possibility of retraumatizing victims. The Florida Conference of Catholic Bishops and the Florida Association of Criminal Defense Lawyers testified in opposition, citing moral objections, due process concerns, and constitutional precedent; the bill nevertheless was reported favorably. The committee also approved CS for CS for SB 572, the “Pam Rock Act,” which tightens dangerous-dog rules, adds enclosure, microchip, insurance, and penalty requirements, and allows stronger enforcement actions after serious attacks. The Rock family and animal control supporters testified in favor, describing the bill as a response to fatal dog attacks and urging stronger accountability for owners. For SB 572, members discussed insurance requirements, the role of local authorities in classifying dangerous dogs, and whether the bill would affect ordinary pet insurance or only liability coverage after a serious attack. The sponsor said the measure is not breed-specific and is aimed at dogs that have already caused significant harm. The committee also heard testimony from family members of Pam Rock and other victims, along with supporters from animal control and sheriff’s offices. All of the bills taken up in the meeting that were voted on were reported favorably, and no roll-call votes failed.
PA

Pennsylvania 2025-2026 Regular Session

Senate Session (Jun 22 2026)

Pennsylvania Senate Floor Meeting

Transcript Highlights:
  • President, I request capital leaves for Senators Kiefer, Bartlett, Brooks, Coleman, and Martin, and a
  • President, I request the following leaves: capital leaves for Senators Muth, Pisciottano, and Lindsay
  • Capital leaves for Senators Muth, Pisciottano, and Lindsey Williams; legislative leaves for Senators
  • President, I request capital leaves for Senator Martin and Robinson. Chair, thanks gentlemen.
  • Senator Pittman requests capital leave for Senators Martin and Robinson, and Senator Costa requests capital
Summary: The Senate convened with prayer by Senator Anthony H. Williams and the Pledge of Allegiance, then received gubernatorial communications and a long list of newly referred Senate and House bills and resolutions. The chamber approved the April 22, 2026 journal by a 49-0 vote. Senators also introduced guests, including a high school senior advisory council visiting with Senator Malone and a young guest welcomed by Senator Costa. On the floor, several bills were taken up and either set aside or advanced. Senate Bill 1377 and Senate Bill 482 were re-referred to Appropriations, Senate Bill 906 was re-referred to Rules and Executive Nominations, and Senate Bills 1133, 1334, and 1368 were also sent to Appropriations. Senator Dush requested a conflict-of-interest ruling on an amendment to Senate Bill 469; the chair ruled no conflict existed and required him to vote, and the amendment was adopted. The Senate also took Senate Bill 127 from the table and placed it on the calendar. The Senate then considered Supplemental Calendar Number One. Senate Bill 362 received a technical amendment and was advanced; Senate Bill 1183 passed 50-0; Senate Bill 1352, which would allow qualifying substance use disorder treatment providers to receive two-year licenses, passed 45-5 after supportive remarks from Senators Brooks, Tartaglione, and Street; and House Bill 1877, codifying the Pennsylvania seal of biliteracy, passed 50-0 after Senator Lindsey Williams described its student-led origins. The session ended with committee announcements for the next day and Senator Tartaglione’s petition urging a floor vote on the House-passed minimum wage bill, House Bill 2189.
DE

Delaware 2025-2026 Regular Session

Joint Capital Improvement Committee Meeting Jun 23rd, 2026

Capital Improvement

Transcript Highlights:
  • Welcome to the fiscal year 27 capital budget writing session.
  • Section 126 says the Capital Improvements Committee accepts the Delaware Convocation Center Feasibility
  • be returned to the state on any land that is donated to a school district with an approved major capital
  • Section 134 requires all school districts receiving state capital funds to use standard bid and contract
  • Section 145, for Capital School District, authorizes the district to use remaining funds from certain
Summary: The committee met for a fiscal year 2027 capital budget writing session with all 12 members present. It first reviewed and approved the DNREC Resource Conservation and Development drainage project list, which would add projects across New Castle, Kent, and Sussex counties and bring the total eligible projects to 1,561. Members offered personal remarks thanking retiring conservation district staff, especially Kevin Donnelly, for years of work on drainage and water issues. The committee then reviewed DelDOT Rule 12 changes, including annual date updates and a reduction in the inflation markup applied to older estimates, and approved the rule as amended. The committee next adopted DelDOT Appendix A and the FY27 paving and rehabilitation list, including the subdivision street management fund and various road resurfacing projects. DelDOT explained that paving projects are for state-of-good-repair work and that major changes from corridor studies would be handled separately. The committee also approved DelDOT epilogue changes, including updates to authorization amounts, a $25 million increase for toll infrastructure work, changes to subdivision street paving language, and an increase in the subdivision street paving management fund to $30 million. Several sections were placed on hold for later updates. The committee then moved through boilerplate epilogue sections in the bond bill, approving a wide range of provisions affecting conservation districts, housing, economic development, corrections, DNREC, public safety, transportation, agriculture, fire prevention, education, and other agencies. Many sections were adopted in groups, while some were held for later revisions or deleted as no longer needed. The session included updates to school capital rules, transportation restrictions and reporting requirements, DNREC conservation and land-use provisions, and funding and administrative authorities across multiple agencies. The committee broke for lunch after approving the education-related sections through 147, with additional sections still pending.
MA

Massachusetts 2025-2026 Regular Session

Senate Session Jun 21st, 2026 at 01:00 pm

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • And it changes course from the way that we have traditionally used excess capital gains and deposited
  • the majority of those excess capital gains funds into the stabilization fund, choosing instead now a
  • Let me first, before I answer his question relative to so-called excess capital gains use in the budget
  • As far as the use of so-called excess capital gains, the gentleman said that traditionally excess capital
  • This budget conference report proposes to use $599 million from excess capital gains to pay down the
Keywords: 995, all
Summary: The Senate first took up and passed several House bills establishing sick leave banks, including House 4182 for a Massachusetts Department of Transportation employee and House 1590 for Eric J. Awaniak. It also advanced and then enacted House 4237, a fiscal year 2026 appropriations bill providing interim funding before final action on the general appropriations act. During the session, Senator Collins also recognized Chaplain Clementina Cherry of the Lewis D. Brown Peace Institute as a distinguished guest, with remarks entered into the record. The main business was the conference committee report on the fiscal year 2026 state budget, House 4001/House 4240. Senate Ways and Means leadership described the budget as balanced, on time, and fiscally responsible, with $61.01 billion in spending, no new taxes or fees, and a $33 million deposit to the stabilization fund. They highlighted major investments in Chapter 70 school aid, special education circuit breaker reimbursements, unrestricted local aid, MassEducate, universal free school meals, MBTA and regional transit funding, MassHealth, food security, and mental health services. The report also included policy items such as broker fee responsibility, fare-free regional transit, housing studies, a gold star family annuity provision, and a crumbling concrete commission. Minority leader Senator Tarr and others questioned the spending reductions, use of one-time funds, and the treatment of excess capital gains, arguing for greater fiscal caution and concern about future federal actions and long-term spending growth. Supporters responded that the reductions reflected revenue uncertainty, federal policy risks, and the need to preserve budget stability, while using some one-time sources to balance the plan. The conference report was adopted by a roll call vote of 38-2, the emergency preamble for House 4240 was approved by standing vote, and the FY26 general appropriations bill was then enacted and sent to the Governor. The Senate also adopted an order to dispense with printing a calendar for the next session and adjourned until Thursday at 11 a.m.
NY
Transcript Highlights:
  • I mean, you know, 20 years ago Parks wasn't getting capital money, and our system really deteriorated
  • And, you know, this year in the budget we have $200 million in capital plus another $140 million for
  • Across the state, so every region, I think we were able, because the governor had more money, capital
  • So I'd add that to the capital list. and then...
  • About preventing the spread of invasive species, so I'd add that to the capital list.
Keywords: 993, senate, all
Summary: The joint meeting of the Senate Finance Committee and the Committee on Cultural Affairs, Tourism, Parks, and Recreation considered Governor Hochul’s nomination of Kathleen “Kathy” Moser to serve as Commissioner of the Office of Parks, Recreation, and Historic Preservation. Moser described her background in conservation and public lands, and said her priorities would include improving access and belonging for all New Yorkers, maintaining health and safety, modernizing infrastructure, addressing climate change and sustainability, and strengthening partnerships with local governments, community groups, and the Legislature. Members questioned her on a range of park issues, including visitor fees, safety at swimming areas such as Lake Welch, security measures at parks, access for urban residents through nature buses and school transportation grants, maintenance and capital needs, event permitting, workforce recruitment and retention, and coordination around the 250th anniversary of the American Revolution. Moser said the department has targeted capital and safety investments at popular parks, is installing fencing, lighting, cameras, and license plate readers at entrances at selected sites, and is planning extensive 250th commemoration programming and historic-site renovations. She also discussed efforts to expand community stewardship, including partner groups, culturally specific amenities like cricket fields, and outreach through traveling exhibits and social media. Senators raised concerns and suggestions about renewable energy siting, cell service in rural areas, invasive species prevention, and local infrastructure needs. After questioning concluded, the committees voted to advance the nomination, and the motion was reported to the Senate floor.
WV
Transcript Highlights:
  • portion of the cost of acquiring, repairing, reconstructing, equipping, improving, or maintaining capital
  • The Secretary of Tourism is to submit a list of proposed capital improvements to the Governor on or before
  • The Governor may certify to the authority a revised list of capital improvements for the State Culture
  • that appropriates $10 million from the unappropriated surplus balance of general revenue to a new capital
  • The bill then appropriates the same amount to a new capital outlay and maintenance surplus appropriation
Keywords: 994, senate, all
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.
MN

Minnesota 2025-2026 Regular Session

Workforce Development Committee Meeting - 2026-04-09

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • So that is capital sitting on the sidelines.
  • still would think would be capital still would think would be capital investment<00:32:18.399>
  • recommendation to capital investment. recommendation to capital investment.
  • And so, that through capital investment.
  • <00:47:28.319> to can be used for working capital to can be used for working capital to support
Bills: HF3217, HF2252
Summary: The committee first approved the prior day’s minutes as amended, correcting the meeting number from the 46th to the 45th meeting. It then took up House File 3217, which would restore funding for the Minnesota Bioincentive Program. Representative Kisha argued the state should honor commitments made to companies that met program requirements and had not received full reimbursement. Testifiers from the Great Plains Institute and Minnesota Biofuels Association said the program has supported bioeconomy investment, reduced greenhouse gas emissions, and generated strong economic returns, but has been underfunded, leaving unpaid claims. Members raised questions about whether the bill was retrospective and whether it should be reviewed by another committee; the bill was laid over for further consideration without a vote. The committee then heard House File 2252, a proposal to modernize Minnesota’s private activity bond volume cap by shifting unused allocation from the small issuer/manufacturing bucket to the public facilities bucket while leaving the overall cap unchanged. The bill’s public finance testifier said the current allocation formula is outdated, housing would remain the top priority, and the change would be budget neutral. Testifiers from the Minnesota Milk Producers Association and Minnesota Biofuels Association supported the bill, saying it would better align financing with rural infrastructure, clean water, manure management, renewable natural gas, dairy processing, and low-carbon fuel projects, and could lower borrowing costs for those sectors. Members questioned whether the bill fit the committee’s jurisdiction and noted it might be more appropriate for another committee; the bill was also laid over for further consideration.
NH
Transcript Highlights:
  • um to come up with uh minimum capital um to come up with uh minimum capital requirements.<00:23:
  • exceeds 600% of program's capital exceeds 600% of riskbased<00:25:54.320> capital riskbased capital
  • um of capital assets. um of capital assets.
  • sure you have enough risk based capital sure you have enough risk based capital so<00:37:50.400>
  • capitalization standards are set. capitalization standards are set.
Keywords: 1189, house, all
Summary: The subcommittee took up the pooled risk management program bill and reviewed a new amendment drafted with input from the Insurance Department and Legislative Services. Department witnesses explained that the proposal would move oversight of pooled risk management programs from the Secretary of State’s office to the Insurance Department, add a licensure requirement, preserve the programs’ non-insurer status, and exempt them from third-party administrator licensure. They also described a series of solvency tools in the draft, including financial reporting, risk-based capital standards, minimum capitalization, investment limits, commissioner examination and enforcement authority, rulemaking authority, merger and affiliate-transaction review, confidentiality protections, and a separability clause. A major theme of the discussion was that pooled risk management programs differ from commercial insurers because the risk remains with the member local governments rather than being backed by a state guarantee fund. Witnesses said the bill is designed to emphasize solvency over return of premium and to give the Insurance Department a regulatory “toolbox” to prevent insolvency, including a proposed $5 million excess or stop-loss coverage benchmark, optional accessible policies, and a requirement that boards vote on dividends or premium returns when capital exceeds 600% of risk-based capital. Members questioned how this approach differed from the original Secretary of State bill and whether assessments on towns would still be possible; the department responded that the new framework would allow more flexible oversight and alternatives to immediate court action. The committee also discussed why the statute should continue to say the programs are not insurers, with the department explaining that this preserves their autonomy and avoids applying unrelated insurance laws and premium taxes. Members asked about the department’s workload and were told the department believed it could absorb the new duties without additional funding. No vote or final committee action was taken in the portion provided.
MN

Minnesota 2025 1st Special Session

House Higher Education Finance and Policy Committee 3/25/25

Higher Education Finance and Policy

Transcript Highlights:
  • <01:08:35.679> request conversations, our whole capital request conversations, our whole capital
  • remainder of the capital request, we remainder of the capital request, we have<01:18:16.159> 14
  • preservation dollars and new capital preservation dollars and new capital requests.<01:26:25.040
  • These large capital assets.
  • Our capital to renewal projects.
Keywords: 1183, house
MN
Transcript Highlights:
  • We also pay for annual capital costs to the stadium.
  • And some will say that this fourth obligation, because it's now restricted to capital expenses, has a
  • more limited use, um, but it does seem duplicative since we already do pay annual capital costs that
  • expenses has a more limited to capital expenses has a more limited use<00:02:56.040> um<00:02
  • since we already do pay annual capital since we already do pay annual capital costs<00:03:00.240
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House/Senate DFL Press Conference 5/15/25

Transcript Highlights:
  • This is a battle in our neighborhoods, in our communities, and in the state capital.
  • They modeled that after an MCO capitated program.
  • We are now doing a fee-for-service program, not a capitated program.
  • <00:16:14.520> The program, not a capitated program.
  • The program, not a capitated program.
Keywords: 919, house, all
Summary: House and Senate DFL lawmakers, joined by Unidos Minnesota and other allies, held a press event responding to a budget deal they said would end MinnesotaCare coverage for roughly 20,000 undocumented adults at the end of the year while preserving coverage for children. Speakers, including Rep. Cedrick Frazier, Sen. Sandy Leafman, and Emilia Gonzalez Davalos, argued the agreement was cruel, would harm vulnerable families and essential workers, and was being justified under a false claim of fiscal responsibility. They said the affected people are Minnesota residents who work, pay taxes, and contribute to the state, and they rejected the idea that private insurance markets are a viable substitute. The speakers emphasized that many enrollees are receiving ongoing care such as cancer treatment, dialysis, insulin, and asthma medication, and warned that losing coverage would push people into emergency rooms and increase costs for hospitals and communities. They also said the deal set a dangerous precedent by using mixed-status families and undocumented workers as bargaining chips in negotiations. Several speakers framed the issue as part of broader attacks on immigrant communities at the federal and state levels. In response to questions, the lawmakers said they had not been given meaningful input on the agreement, that the DFL leadership had tried to make the “least harm” choice, and that the members speaking would vote no on the provision. They said their focus was on this specific health-care agreement rather than other budget bills, and they indicated the program’s cost was within projections, citing about 20,000 enrollees, roughly 17,000 adults, and spending under $4 million so far. The event ended with a call to continue fighting the deal and to pursue a Minnesota public option and broader long-term coverage solutions.
MN

Minnesota 2025-2026 Regular Session

Elect Committee Meeting - 2025-03-26

Elections Finance and Government Operations

Transcript Highlights:
  • So I will move that House File 2418 be referred to the Capital Investment Committee.
  • through last year that Chair Lee had that had a fund that was in place and putting aside money for capital
  • It sets up a capital maintenance plan and it requires that at future times when people come back to the
  • state for more bonding capital investment money that they are following the plan for the projects that
  • As amended, be re-referred to the Capital Investment Committee.