Transcript Highlights:

• As you know, this bill in and of itself is the district rural district attorney loan repayment assistance
• Certain educational loan debts, if they stayed there locally in these rural areas, this bill essentially

Bills: SB1687, HB1687, HB4431, HB2894, HB2979, HB3262, HB3298, HB3369, HB3431, HB3462, SB1226, SB1876, SB1916, SB1920, HB3467, HB3498, HB3500, HB3521, HB3581, HB3650, HB3673, HB3764, HB3767, HB3781, HB3800, HB3831, HB3834, HB3941, HB2749, HB3970, HB3972, HB3979, HB3980, HB3981, HB3996, HB4095, HB4104, HB4191, HB4248, HB4298, HB4338, HB4427, HB4428, HJR1023, HB3660, HB3718, HB4326, HB3443, HB3880, HB3649, HB3000, SB1651, SB504, SB372, SB1326, SB1633, SB248, SB1242, SB1238, SB423, SB1989, SB1286, SB904, SB1213, SB1216, SB1827, SB65, SB1390, SB259, SB1944, SB540, SB2139, SB346, SB1595, SB1400, SB1555, SB1209, SB2110, SB1670, SB1061, SB2104, HR1057, SB1946, SB1734, SB1316, SB1360, SB1557, SB1684, SB2049, SB1410, SB2011, SB1437, SB1204, SB1732, SB1775, SB2084, SB1380, SB1572, SB1772, SB1224, SB710, SB1338, SB1266, SB1303, SB1307, SB1562, SB1794, SB1191, SB1983, SB1832, SB1448, SB1534, SB1593, SB1597, SB1630, SB1489, SB1726, SB1796, SB1806, SB1877, SB1451, SB1553, SB1632, SB1423, SB1425, SB1502, SB2180, SB1725, SB2182, HB3003, HB3004, HB4434, HB4324, HB4342, HB2137, HB4432, SJR50, SJR52, SJR53

Keywords: driver licenses, exam proctor, Service Oklahoma, commercial training, background checks, advance directive, advance health care directive, health care proxy, medical power of attorney, durable power of attorney for health care, living will, surrogate decision-maker, default surrogate, health care agent, capacity determination, supported decision making, mental health directive, psychiatric advance directive, end-of-life care, life-sustaining treatment

Bills: SB1687, HB1687, HB4431, HB2894, HB2979, HB3262, HB3298, HB3369, HB3431, HB3462, SB1226, SB1876, SB1916, SB1920, HB3467, HB3498, HB3500, HB3521, HB3581, HB3650, HB3673, HB3764, HB3767, HB3781, HB3800, HB3831, HB3834, HB3941, HB2749, HB3970, HB3972, HB3979, HB3980, HB3981, HB3996, HB4095, HB4104, HB4191, HB4248, HB4298, HB4338, HB4427, HB4428, HJR1023, HB3660, HB3718, HB4326, HB3443, HB3880, HB3649, HB3000, SB1651, SB504, SB372, SB1326, SB1633, SB248, SB1242, SB1238, SB423, SB1989, SB1286, SB904, SB1213, SB1216, SB1827, SB65, SB1390, SB259, SB1944, SB540, SB2139, SB346, SB1595, SB1400, SB1555, SB1209, SB2110, SB1670, SB1061, SB2104, HR1057, SB1946, SB1734, SB1316, SB1360, SB1557, SB1684, SB2049, SB1410, SB2011, SB1437, SB1204, SB1732, SB1775, SB2084, SB1380, SB1572, SB1772, SB1224, SB710, SB1338, SB1266, SB1303, SB1307, SB1562, SB1794, SB1191, SB1983, SB1832, SB1448, SB1534, SB1593, SB1597, SB1630, SB1489, SB1726, SB1796, SB1806, SB1877, SB1451, SB1553, SB1632, SB1423, SB1425, SB1502, SB2180, SB1725, SB2182, HB3003, HB3004, HB4434, HB4324, HB4342, HB2137, HB4432, SJR50, SJR52, SJR53

Keywords: driver licenses, exam proctor, Service Oklahoma, commercial training, background checks, advance directive, advance health care directive, health care proxy, medical power of attorney, durable power of attorney for health care, living will, surrogate decision-maker, default surrogate, health care agent, capacity determination, supported decision making, mental health directive, psychiatric advance directive, end-of-life care, life-sustaining treatment

Transcript Highlights:

• already set standards to improve debt settlement, but those standards only apply to people's consumer loans
• , not to their business loans.

Summary: The Assembly Banking and Finance Committee met as a subcommittee at first because a quorum was not yet present, then proceeded with bill presentations and later formal votes once enough members arrived. The chair reviewed committee procedures, including how to submit written testimony and rules for witnesses and conduct. The agenda included AB 771, AB 1507 on the consent calendar, and AB 1166. AB 771 by Assemblymember Massetto was presented as a technical fix to California’s Uniform Commercial Code. Supporters said it would allow a mortgage or deed of trust to serve as a fixture filing without requiring an exact match to the debtor’s ID, reducing duplicate filings, fees, and administrative burdens. There was no formal opposition, and the committee voted due pass. AB 1507 was then adopted on the consent calendar with a due pass recommendation. AB 1166 by Chair Valencia addressed debt settlement protections for small business commercial financing recipients by extending existing California debt settlement standards from consumer loans to business loans. Supporters, including the Responsible Business Lending Coalition and several financing providers, said the bill would curb harmful practices and align incentives, while still allowing debt settlement services. Members asked about the private right of action and statutory damages, and the bill was approved due pass. The committee later reopened the rolls for absent members, recorded additional aye votes, and adjourned after completing the agenda.

Transcript Highlights:

• Is he on loan to NATO or how's he? He is from the Trustful area.
• I almost forgot, but he belongs to DC. ...on loan from Alabama.

Keywords: 923, senate, all

Transcript Highlights:

• five-star education, with the majority of our students graduating with less than $1,000 in student loans
• , if any student loans at all.
• Thank you very much. student loans at all.

Bills: S0720, S1246

Keywords: tuition, resident status, incarceration, education, equal access, nursing shortage, health care, education funding, workforce development, LINE Fund, monetary contributions, nonmonetary contributions

Summary: The Appropriations Committee on Higher Education met to consider one bill, a postponed bill, and a slate of trustee confirmations. The committee first took up CS/SB 1246, which expands the Linking Industry to Nursing Education (LINE) fund to support health science workforce shortages beyond nursing, including allied health programs. The bill also broadens eligible uses of funds, revises matching requirements and grant criteria, and updates reporting requirements. A strike-all amendment was adopted without objection, and the committee then reported the bill favorably after supportive testimony from Florida State College at Jacksonville, the Florida Hospital Association, the College of Central Florida, and the Florida Chamber of Commerce. Senator Davis also noted a favorable vote on the bill for the record. The committee then temporarily postponed SB 720 at the sponsor’s request. Chair Harrell explained that the bill had been incorporated into a larger committee measure and would likely be heard later in another form. Public witnesses who had come to speak on the bill were not heard because of the postponement. The remainder of the meeting focused on confirmations for trustees at several state colleges, including Chipola College, Tallahassee State College, Pensacola State College, Palm Beach State College, Pasco-Hernando State College, and St. Petersburg College. The appointees emphasized themes of affordability, workforce training, nursing and allied health success, dual enrollment, community partnerships, and local economic development. After hearing from the appointees, the committee approved a block motion to recommend confirmation of all appointees on tabs 2 through 25. The meeting then adjourned.

Transcript Highlights:

• A recent Department of Education ruling eliminated both nursing and public health student loans and eligibility
• for public service loan forgiveness.
• And eligibility for public service loan forgiveness programs, and assaults on Medicaid and Medicare funding

Summary: The meeting was a press conference and Q&A led by Rep. Shaun Scott to promote the proposed Well Washington Fund, a new dedicated account intended to raise about $3 billion annually through a corporate payroll tax on wages above $125,000. Scott said the bill would help offset expected federal cuts under Trump-era policies and support programs most at risk, including cash assistance, higher education, health care, housing, and wildfire mitigation. He also referenced two related proposals: restoring wildfire mitigation funding by ending a tax break for large banks, and allowing counties to raise corporate taxes. Several advocates and affected residents testified in support of progressive revenue. Michelle Thomas of the Washington Low Income Housing Alliance warned that federal homelessness policy changes and state underinvestment could worsen homelessness and evictions. Christina Savitsky, a disabled veteran, described how Medicaid, food assistance, and work requirements would affect her family. Representatives from the University of Washington AAUP said federal cuts and Medicaid changes threaten teaching, research, workforce training, and hospital finances. Fatima Boxwala of Tech for Taxes and Mikey Stramskis of the Washington Federation of State Employees argued that large corporations and the wealthy should pay more to sustain public services and address understaffing, burnout, and service backlogs. In the Q&A, Scott said the bill may need an emergency clause to make it referendum-proof and argued that the legislature has a mandate to act, citing the 2024 capital gains tax referendum and the state’s regressive tax system. He acknowledged concerns about businesses leaving but said he was more concerned about working people being displaced by unaffordable housing, child care, and health care. No vote or formal committee action occurred; the event was a call for a hearing in the House Finance Committee in 2026 and for legislative passage in both chambers.

Transcript Highlights:

• Also, the type of transaction on the loan is very different.
• When we did the manufactured home, it was a lot closer to, like, a car loan. It's a chattel loan.

Summary: The Assembly Housing and Community Development Committee heard four items, including one consent bill, and began before quorum was established. AB 760, by Assemblymember Ta, would temporarily allow mobile home park-owned homes to be rented to people displaced by a natural disaster in areas under a declared state of emergency, including adjacent jurisdictions. Supporters said it would quickly add housing after fires, floods, or earthquakes; there was no opposition at the hearing, and members generally praised the narrow committee amendments. The bill later passed on a due-pass-as-amended vote. Chair Haney presented AB 1445, which would let cities create downtown recovery districts to finance office-to-housing conversions and other downtown revitalization projects using growth in property tax revenue. Support came from the California Travel Association, Housing Action Coalition, IKEA, Spur, Abundant Housing, and Circulate San Diego, with members saying the bill could help downtowns recover and expand mixed-use housing. The committee voiced support and interest in broader use of the tool, and the bill was approved on a due-pass-as-amended vote. AB 456, by Assemblymember Connolly, drew the most extensive debate. The bill would prohibit mobile home park managers from requiring interior repairs or improvements as a condition of sale and would require timely written lists of exterior repairs, with supporters arguing that park managers are interfering with sales and delaying closings. Opponents, led by the Western Manufactured Housing Communities Association, argued that interior inspections are needed to protect buyers and park residents from unsafe conditions and potential liability. Members raised questions about safety, disclosure, HCD oversight, and liability; after discussion, the bill was moved on a due-pass-as-amended vote, with some members not voting or expressing reservations. The committee also approved the consent calendar.

Transcript Highlights:

• And then there was a change on the Rebuilder's loan program.
• And then there was a change on the Rebuilder's loan program. Yes, yes.
• And then there was a change on the Rebuilder's loan program.

Keywords: 908, all

Summary: The House Appropriations Government Operations section reconvened and first took up an amendment for the Industrial Commission related to a proposed west-to-east natural gas pipeline. Members discussed increasing the state’s capacity commitment from $60 million to $120 million so the project could move forward and support a future FERC permit, with supporters citing growing demand from data centers, agricultural users, and oilfield gas capture needs. The committee also discussed a separate motion to exempt the mill and elevator from the vacant FTE pool; that motion failed on a roll call vote. The committee then reviewed other Industrial Commission items, including housing authority funding, the abandoned well fund, Bank of North Dakota-related changes, and a decision not to add more to litigation funding. The discussion then shifted to the Department of Transportation budget and a major transportation funding framework. Speaker Weiss explained a proposal to consolidate and rework transportation funding into fewer buckets, including moving Prairie Dog-style funding into the flexible transportation fund, adding $370 million to that fund, and providing $171.3 million for federal match needs. The plan also included $50 million for statewide discretionary projects, $50 million for bridges, and grant flexibility for cities, counties, and townships, with some debate over eligibility thresholds and how much discretion DOT should have in awarding grants. Members also discussed whether small communities could realistically apply for grants and how the new structure would coordinate statewide transportation investments. Additional DOT topics included a proposed gas tax increase, changes to distribution percentages among DOT, cities/counties, townships, and transit, and the treatment of electric vehicle registration fees. The committee noted that transit funding would rise under the formula and that EV registration fees would continue to flow into the highway distribution fund. No final action was taken on the broader DOT package during this portion of the meeting, but members agreed to continue work on the amendment and revisit the issue the next day, with a suggestion to brief the caucus before floor action.

Transcript Highlights:

• One, it sets up what we're calling an energy infrastructure bank, which gives loans, not grants, but
• loans out for transmission lines, substations, etc.
• So, all that to say, those are the two things: the equipment need and the quick loan, quick capital,

Keywords: 923, senate, all

Transcript Highlights:

• An online loan shark charging 718% APR to a single mom with two kids.
• The FCCPA, which applies to any person, which is an original creditor, such as this loan shark, is the
• the calls, the demands for payment, to get it off of her credit report, and to make sure that that loan

Summary: The Committee on Commerce and Tourism met with a quorum present and considered several bills. It first took up SB 232 on debt collection, where the sponsor explained a strike-all amendment and the committee adopted a Gruters amendment clarifying that email communications may be sent at any hour while other off-hours communications remain restricted. Testimony was sharply divided on a proposed change from “any person” to “debt collector,” with consumer advocates, legal aid, and the Florida Justice Association warning it would narrow Florida’s consumer protections, while supporters said the bill and amendment would address ambiguity affecting businesses. After debate, the committee rejected the broader amendment, adopted the email-only clarification, and reported CS for SB 232 favorably by roll call vote. The committee then heard and unanimously reported favorably CS for SB 126, which would allow prescription hearing aids to be sold and distributed by mail after a Florida-licensed audiologist or hearing aid specialist conducts the required examination, including remotely through telehealth. Supporters said the bill would improve access and reduce barriers for seniors and others with hearing loss, and no opposition was heard. The committee also heard SB 600 and SB 602 on manufacturing, which would create and fund a statewide Office of Manufacturing, a promotional campaign, workforce grants, and related fees; multiple industry and economic development groups appeared in support, and both bills were reported favorably. Next, the committee considered CS for SB 92 on hit-and-run accountability in vehicle repair shops. The sponsor described the bill as a response to rising hit-and-run incidents and explained that repair shops would have to complete a transaction form or retain a crash report for certain repairs, with a clarifying amendment adopted without objection. Prosecutors and law enforcement supporters said the bill would help identify offenders, while auto dealer representatives argued it could impose burdens and penalties on repair shops. The committee nevertheless reported CS for SB 92 favorably. Finally, the committee heard SB 412, the Motorized Wheelchair Right to Repair Act, which would require manufacturers to provide repair manuals, diagnostic tools, and parts to owners and independent repair providers under fair and reasonable terms. Disability advocates and wheelchair users testified that repair delays can leave users stranded for weeks or months, and the committee reported the bill favorably by roll call vote before adjourning.

Transcript Highlights:

• programs, as well as increasing the loan programs, as well as increasing the loan authority<02:24
• We continue critical investments in agricultural research, in promotional efforts, loan programs for
• He continued: We continue critical investments in agricultural research, in promotional efforts, loan
• of loans. of loans.
• We maintained a billion dollars of loan authority for those programs.

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, June 4, 2026, 1012, house, all

Bills: HR58, HR59, HR60, HR61, HR62, HR63, HR64, HCR32, HB43, HB447, HB573, HB1000, HB1001, HB1002, HB1003, HB1004, HB1005, HR46, HR48, HR50, HR51, HR52, HR53, HR54, HR55, HR56, HR57, HCR31, HB20, HB21, HB166, HB494, HB710, HB795, HB985, HB986, HB987, HB988, HB989, HB990, HB991, HB992, HB993, HB994, HB995, HB996, HB997, HB998, SB128, SB149, SB174, SB191, SB205, SB213, SB218, SB220, SB229, SB238, SB243, SB375, SB379, HB8, HB9, HB10, HB15, HB16, HB17, HB18, HB19, HB22, HB33, HB34, HB35, HB44, HB46, HB47, HB48, HB61, HB101, HB126, HB135, HB142, HB164, HB185, HB215, HB226, HB232, HB233, HB242, HB284, HB292, HB297, HB301, HB334, HB436, HB468, HB548, HB571, HB582, HB593, HB594, HB609, HB613, HB712, HB722, HB732, HB746, HB781, HB827, HB845, HB848, HB921, HB923, HB951, HB953, HB999, HB129, HB130, HB287, HB489, HB545, HB553, HB555, HB570, HB854, HB952, HB28, HB36, HB50, HB52, HB56, HB62, HB68, HB92, HB110, HB117, HB119, HB124, HB140, HB147, HB171, HB182, HB193, HB196, HB203, HB228, HB234, HB260, HB268, HB271, HB285, HB289, HB351, HB400, HB413, HB469, HB534, HB551, HB552, HB574, HB576, HB634, HB649, HB677, HB735, HB739, HB779, HB784, HB796, HB842, HB850, HB919, HB149, HB733, HB875, HB868, HB901

Keywords: waterfowl conservation, wetlands preservation, Ducks Unlimited, environmental stewardship, Louisiana, tennis, athlete recognition, family legacy, sports achievements, coaching, student parents, higher education, academic support, family stability, workforce equity, Homeland Security, federal funding, public safety, emergency services, TSA

Bills: HR46, HR47, HR48, HR49, HR50, HR51, HR52, HR53, HR54, HR55, HR56, HR57, HCR31, HB20, HB21, HB166, HB494, HB710, HB795, HB985, HB986, HB987, HB988, HB989, HB990, HB991, HB992, HB993, HB994, HB995, HB996, HB997, HB998, HR42, HR43, HR44, HR45, HCR22, HCR23, HCR24, HCR25, HCR26, HCR27, HCR28, HCR29, HCR30, SCR13, HB894, HB983, HB984, SB19, SB23, SB26, SB30, SB39, SB45, SB46, SB50, SB51, SB55, SB69, SB71, SB73, SB84, SB85, SB89, SB96, SB98, SB101, SB110, SB148, SB150, SB160, SB164, SB303, SB340, HB28, HB36, HB50, HB52, HB56, HB62, HB68, HB92, HB110, HB117, HB119, HB124, HB140, HB147, HB160, HB171, HB174, HB182, HB193, HB196, HB198, HB203, HB228, HB234, HB237, HB260, HB268, HB271, HB285, HB289, HB316, HB351, HB393, HB400, HB413, HB446, HB469, HB486, HB534, HB551, HB552, HB574, HB576, HB634, HB649, HB677, HB735, HB739, HB779, HB784, HB796, HB807, HB842, HB850, HB919, HB474, HB487, HB503, HB606, HB633, HB707, HB720, HB728, HB733, HB846, HB852, HB856, HB868, HB875, HB129, HB130, HB287, HB489, HB545, HB553, HB555, HB570, HB854, HB952, HB221, HB148, HB331, HB149, HB901

Keywords: HR 46, House Resolution 46, water well drillers, water wells, well drilling, driller licensure, licensing requirements, Department of Conservation and Energy, R.S. 38:3098.1, LAC 46.LXXXIX.507, professional references, two years drilling experience, workforce development, barriers to entry, water infrastructure, natural resources, groundwater, public health, state water resources, occupational licensing

Transcript Highlights:

• Federal tax law requires a minimum interest rate on promissory notes and forgivable loans.
• They wrote loans using slaves as collateral.
• They insured those loans and underwrote them with the same slave labor.
• They wrote loans using slaves as collateral.
• They insured those loans and underwrote them with the same slave labor.

Keywords: 987, senate, all

Transcript Highlights:

• They get you to do Mass Save: you get your $25,000 heat loan, you get your $10,000 rebate, and they tell
• What's the difference between the proposal and the HEAT loan at Mass Save?
• I forgot to say that I would present. the proposal and the HEAT loan at Mass Save.
• So there are loans that are supposed to comply with state and federal lending laws like the Truth in
• make it not a loan.

Keywords: 995, all

Summary: The committee heard testimony on H. 4144, the Governor’s Energy Affordability, Independence, and Innovation Act, with the administration arguing the bill would lower bills in the short and long term while expanding clean energy supply and innovation. The Governor and Secretary said the bill would reduce or restructure charges on customer bills, reform Mass Save, expand securitization as a financing tool, speed interconnection, create energy-ready zones, strengthen consumer protections in competitive supply, and allow broader state procurement of energy resources. They said the package could save consumers billions over time and would help address high energy costs, especially during extreme heat and winter spikes. Committee members pressed the administration on several provisions, especially securitization, asking whether the bill requires an apples-to-apples comparison of total costs over time, including interest and lost tax revenue, versus paying through rates. Administration witnesses said DPU review and public comment would be required and said they would work to clarify the language if needed. Members also questioned the bill’s solar and procurement provisions, including reduced net metering compensation for some large facilities, the scope of all-resource procurements, and whether hydro, solar, and nuclear would be included; the administration said those resources were contemplated and that procurement would still be reviewed by DPU. Other questions focused on the short-term relief from bill changes, the treatment of low- and moderate-income discounts, and whether the bill’s heat pump and Mass Save reforms would help customers who cannot afford upfront costs. Several witnesses and committee members discussed Mass Save reforms, including securitization of program costs, on-bill financing, pre-approval of rebates, and shifting program administration away from gas utilities. Administration witnesses said the changes were intended to reduce volatility, lower administrative costs, and better align costs with long-term savings. Questions also touched on geothermal permitting, municipal participation in offshore wind procurement, and the proposed repeal of the ballot requirement for nuclear power, which the administration defended as preserving future options under heavy review. No votes were taken during the hearing portion described. Supportive testimony came from labor, environmental, business, planning, and development groups. The AFL-CIO, NECA, and the Environmental League of Massachusetts backed the bill, emphasizing lower bills, job creation, labor standards, just transition protections, and cleaner energy. NAIOP, the Massachusetts Business Roundtable, and MAPC supported provisions on energy-ready zones, interconnection reform, microgrids, extreme-heat shutoff protections, and Mass Save improvements. A HEET representative praised the bill’s use of securitization, geothermal, and utility financing tools but urged guardrails and workforce protections. Overall, testimony was broadly favorable, with most witnesses calling for refinements rather than opposing the bill outright.

Transcript Highlights:

• So this is going to be your no-tax on tips, overtime, and car loans. Um, car loan interest.
• be your no tax on tips, overtime, and to be your no tax on tips, overtime, and car<00:04:58.400> loans
• <00:05:00.639> So<00:05:01.040> all car loans. Um car loan interest.
• So all car loans. Um car loan interest.
• This is the no-tax-on car loan interest provision.

Keywords: Meeting Start 00:00:00 Major Tax Provisions in H.R. 1 (Public Law 119-21) 00:02:45 Kentucky’s Workforce 00:33:35, 958, all

Summary: The committee first approved the minutes and heard a brief member introduction before taking up an overview of major tax provisions in HR1, referred to by the presenters as the One Big Beautiful Bill Act. Representatives from the Kentucky Society of CPAs explained new federal deductions for tips, overtime, and car loan interest; a new tax-favored “Trump account” for children; expanded bonus depreciation and Section 179 expensing for businesses; changes to R&D expensing; and a new limit on wagering loss deductions. Members asked several clarifying questions about the duration of the provisions, W-2 and 1099 reporting changes, and how overtime deductions would work. The presenters emphasized that tips and overtime remain subject to payroll taxes and that many of the business provisions are permanent, while the individual deductions are temporary through 2028 or otherwise phased in over time. The discussion then shifted to individual and nonprofit provisions, including the increase in the state and local tax itemized deduction cap from $10,000 to $40,000 with income-based phaseouts, the temporary senior deduction, and a new deduction for car loan interest with income limits and vehicle qualifications. On charitable giving, the presenters described a permanent nonitemizer deduction, new floors for individual and corporate charitable deductions, and a new scholarship-granting organization credit that would allow donors to receive a dollar-for-dollar federal credit up to $1,700, beginning in 2027. Members focused heavily on the SGO provision, asking about state implementation, oversight, whether churches would qualify, and whether the credit could support both public and private education. The presenters said the state would need to establish the mechanism and that additional federal guidance is still pending. After the tax presentation, the committee heard from the Kentucky Chamber of Commerce on workforce issues, with a focus on child care and housing as barriers to labor force participation. Chamber representatives said they were not proposing large new government programs, but rather targeted policy recommendations for the 2026 session. They described Kentucky’s long-term decline in workforce participation since 2000, attributing much of it to demographic change, an aging population, and fewer younger workers entering the labor force. The presentation continued into a broader discussion of workforce trends and the need for practical policy responses, but no votes or formal actions were taken on these informational items.

Transcript Highlights:

• I'd like to take you to a rate sheet from 1982, when conventional loans started at 18%.
• <00:03:14.879> started<00:03:15.239> at 1982 when conventional loans started at 1982
• when conventional loans started at 18%<00:03:18.319> so<00:03:18.720> we've<00:03:18.920
• So if we add up this blue and this green, we’re looking at how many loans are financed below 4%.
• That means more than 2 and 3 outstanding loans are financed below 4%.

Keywords: 1183, house

Transcript Highlights:

• Environmental State Revolving Loan Funds, $126.5 million.
• And Safe Drinking Water Revolving Loan, $66.7 million. Senator Andrews. Thank you, Mr. Chairman.

Bills: HB1, HB2, HB3, HB312, HB313, HB314, HB383, HB983, HB1126, HCR3

Keywords: state budget, appropriations, education funding, public health, social services, government operations, state institutions, capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, funding, state general fund, local government, fiscal year

Transcript Highlights:

• Environmental State Revolving Loan Funds, $126.5 million.
• And Safe Drinking Water Revolving Loan, $66.7 million. Senator Andrews. Thank you, Mr. Chairman.

Summary: Senate Finance met on May 21, 2026, with nine members present. The committee first recognized Mother Pearl Porter during a personal privilege presentation by Senator Boudreaux. It then took up the major budget measures for fiscal year 2026-27, beginning with HB 1, the general appropriation bill. The committee heard that the state budget was about $46.6 billion and that recent Revenue Estimating Conference revisions required reductions in recurring spending. Amendments removed new funding for GATOR and increased MFP amounts, while also directing Revenue Stabilization Fund dollars toward infrastructure, economic development, and local government needs. The committee adopted amendment set 4238 and reported HB 1 as amended, with authority for technical changes. The committee next considered HB 312, the supplemental appropriations bill for the current fiscal year. Members were told the amendments balanced the budget to the May REC forecast through a net reduction in state general fund spending, including savings in Medicaid and other agencies, while covering updated costs such as medical vendor administration, DCFS operations, DOC offender medical expenses, and disaster-related costs. Amendment set 4239 was adopted, and HB 312 was reported favorably as amended. HB 2, the capital outlay/infrastructure bill, was then amended with set 4230 and reported as amended. HB 3, the omnibus bond act authorizing bond usage for HB 2, had no amendments and was reported favorably. The committee also advanced HB 313, the funds bill, which includes the constitutionally required deposit of $144.3 million of FY 2025 surplus into the Budget Stabilization Fund and various transfers and fund adjustments. Amendments expanded or created several funds and mechanisms, including infrastructure and economic development-related funds, and HB 313 was reported favorably as amended. HB 314, the revenue sharing bill distributing the constitutionally mandated $90 million to local governments, was reported favorably without amendment. HB 383, the ancillary appropriations bill for fee-supported agencies, received amendment 3138 and was reported favorably as amended. HB 983, funding the judiciary, was amended to remove judicial pay adjustments and instead fund a possible transfer of the integrated criminal justice information system to the Supreme Court if SB 141 becomes law; it was reported favorably as amended. HB 1126, the legislative branch appropriations bill, was amended and reported favorably as amended. Finally, HCR 3, the hospital stabilization resolution used to support Medicaid hospital reimbursements, was amended to give LDH more flexibility on the timing of directed payments and preprint submissions, then reported as amended. The committee adjourned after a motion to do so.

Transcript Highlights:

• And projects that are projected to be fully repaid within the shortest loan term.
• And projects that are projected to be fully repaid within the shortest loan term.

Keywords: 912, senate, all