Video & Transcript Research : 'development fund'
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HI
Hawaii 2025 Regular Session
CPC Public Hearing - Thu Feb 13, 2025 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- of this was to take the lease rent to fund this development district, and I think DLNR’s position is
- , the Special Land Development Fund, which basically, with the lease rent revenue, goes so we’re kind
- , the Special Land Development Fund, which basically, with the lease rent revenue, goes so we’re kind
- of this was to take the lease rent to fund this development district, and I think DLNR’s position is
- of this was to take the lease rent to fund this development district, and I think DLNR’s position is
Summary:
The committee heard testimony on HB 818 HD1, which would establish the Waiawa Community Development District. The Attorney General’s office said the bill may not comply with requirements for a special fund, and DLNR asked for further amendments so lease revenues would remain with DLNR while it continues managing the lands. DLNR cited ongoing costs, including the Uncle Billy’s demolition debt and management needs at Banyan Drive/Banyan Country Club. HCDA/Waiawa representatives supported the bill, agreed that DLNR should keep lease revenues while it remains the land manager, and said a future transfer of land management would change where revenues should go. Members focused on whether removing lease revenue would undercut the bill and on how existing and future revenues should be allocated.
The committee then took up HB 338 HD1 and HB 339 HD1 on renewable energy-related utility transactions and procurement. Testimony came from the Consumer Advocate, the State Energy Office, the Public Utilities Commission, Hawaiian Electric, IBEW Local 1260, Ulupono Initiative, and Life of the Land. Supporters generally backed the measures, while some asked for labor-related strengthening language. Discussion centered on how the PUC should handle competing bids or offers in utility merger or acquisition situations, with concerns raised about NDAs, timing, and whether the original version or amended language better allowed public and intervenor participation. A witness from Life of the Land argued that utilities should not negotiate under NDA in a way that blocks later public competition, and a PUC-related witness said the current language was changed from the original to address PUC testimony.
Finally, the committee heard HB 1467 HD1 on housing resiliency. OIP was not present, while B&F raised concerns about placing federal funds into a special fund, saying federal grant money should remain in a separate P fund for transparency, accountability, and single-audit compliance. State agencies and groups including OPSD, Hawaii Emergency Management Agency, the Climate Advisory Team, and Hawaii Realtors supported the measure. Testimony emphasized that many older roofs lack hurricane clips and that strengthening homes could reduce disaster sheltering and temporary housing costs. IBEW Local 1260 supported the bill but argued that building to current standards upfront is preferable to retrofitting later. Members questioned funding structure, eligibility, and whether the program should be needs-based; the bill was described as limited to households under 140% AMI. No votes or final actions were taken in the portion of the meeting provided.
WY
Wyoming 2026 Regular Session
Joint Minerals, Business & Economic Development Committee, June 5, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- Um, and then the Energy Dominance Fund, it also calls out, you know, base load energy development and
- Um, and then the Energy Dominance Fund, it also calls out, you know, base load energy development and
- Um, and then the Energy Dominance Fund, it also calls out, you know, base load energy development and
- Um, and then the Energy Dominance Fund, it also calls out, you know, base load energy development and
- Um, and then the Energy Dominance Fund, it also calls out, you know, base load energy development and
AR
Arkansas 2026 Regular Session
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE Jun 15th, 2026
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE
Transcript Highlights:
- Having the flexibility to move funds around to where those needs, or where those workforce development
- the funds—so we're going to distribute those funds to you.
- So these funds are federal funds.
- As we... ...and braiding funding, not duplicating funding.
- , we can fund employers through the Office of Skills Development, and they can pay up to 75% of the student
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/25/25
Housing Finance and Policy
Transcript Highlights:
- million is um a new general fund million is um a new general fund appropriation<00:01:52.520>
- <00:24:16.880>
that <00:24:17.039>funds <00:24:17.320>are signal to developers - that funds are signal to developers that funds are available<00:24:18.080>
and <00:24:18.320>< - is remitted back to the agency to support the workforce and Home Ownership Development Fund.
- One is fund reservation.
NM
Transcript Highlights:
- And the Finance Authority's Opportunity Enterprise Fund fills a gap in housing development.
- And the Finance Authority's Opportunity Enterprise Fund fills a gap in housing development financing
- So we basically get three streams of funding from the feds, from Housing and Urban Development, HUD,
- The next slide, slide number five, kind of gives you a picture of the development funding demand that
- This is a pipeline that has been developed over the last two years, made possible through the funding
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/11/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- We have roughly 120 staff, primarily funded by general fund and general obligation bond funding, not
- uh<00:26:42.799>
and primarily funded by general fund uh and primarily funded by general fund - These state funds are extremely important to our state's Workforce Development program.
- You'll see a couple of other areas: Workforce Development Fund, contractor recovery fund.
from fund that is funded by revenue from fund that is funded by revenue from licenses<01:14:22.239
Summary:
The committee held an introductory organizational meeting for the newly named Workforce and Economic Development Committee, with Chair Dave Baker noting a quorum and that no votes or formal actions were scheduled. Members and staff introduced themselves and described their districts, backgrounds, and priorities. Several members emphasized worker protections, labor experience, small business concerns, rural economic issues, and the importance of balancing employer and employee interests. Others highlighted education-to-workforce pathways, affordability, support for seniors, and opportunities for immigrant and refugee communities.
Chair Baker said he wants the committee to find a balance between protecting labor and ensuring a strong employment base, fair rules, and fair taxes, while also acknowledging concerns about recent policy trends and the need to get proposals right before they leave the committee. Members from both parties echoed themes of collaboration and economic opportunity, though some Republicans criticized past rules and regulations as burdensome on small businesses. The committee also welcomed nonpartisan staff and DFL/GOP staff, including the committee administrator, legislative assistant, House Research, and fiscal analysis staff.
The committee then received an overview from DEED Commissioner Matt Varilek and deputy commissioners. Varilek described DEED’s mission as empowering growth of the Minnesota economy for everyone, increasing prosperity and extending it broadly, and coordinating with other agencies such as Labor and Industry to avoid duplication and use taxpayer dollars efficiently. He said DEED focuses on business attraction, retention, and expansion, workforce development, and helping Minnesotans—including people with disabilities—prepare for jobs and independent living. A deputy commissioner began outlining the economic development division’s structure and operations, but the transcript cuts off before the full presentation was completed.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 4 on State Administration and General Government May 20th, 2026
Transcript Highlights:
- Block Grant Program: there is ongoing permanent funding for the Community Development Block Grant Program
- Now this proposal aims to reduce local development impact fees on state-funded affordable housing projects
- Now this proposal aims to reduce local development impact fees on state-funded affordable housing projects
- fee reductions or waivers in the development of competitive state multifamily housing funding program
- Resolution funding.
TX
Transcript Highlights:
- Estimated funding needs are $750,000. $157 million committed by the state through the Texas Water Development
- Second, as we look at different funding sources, whether it's, whether it is Water Development Board,
- Demand for water development board programs far exceeds available funding and the cost of water infrastructure
- funding.
- infrastructure under the Texas Water Fund administered by the Texas Water Development Board is the Clean
WA
Washington 2025-2026 Regular Session
Committee to Hear SAO Performance Audits May 13th, 2026 at 01:00 pm
Transcript Highlights:
- This plan was developed as a requirement to receive and guide funding from the federal Broadband Equity
- Funding from the federal Broadband Equity, Access, and Development program, with a primary focus on broadband
- Was developed to fully fulfill specific federal funding requirements, with a primary focus on broadband
- Instead, it was developed as an interim plan to inform future proposals for federal broadband funding
- While this plan was developed to meet requirements for federal funding opportunities, it's important
Summary:
The Joint Legislative Audit and Review Committee subcommittee held a hybrid hearing to receive three State Auditor’s Office performance audits. The first audit examined implementation of the Law Enforcement Training and Community Safety Act. Auditors said the Criminal Justice Training Commission had developed most required training, but six community/cultural topics were still unfinished, the patrol tactics curriculum was incomplete in one area, and the agency lacked a systematic project management approach. They reported that most officers had not completed the 40 required hours, with low participation in patrol tactics training, weak communication, limited data to track compliance, and ineffective incentives or consequences. Committee members questioned staffing, liability, and enforcement, and the Commission said it generally agreed with the findings and had begun implementing recommendations, including improving training development and communication.
The second audit reviewed Washington’s digital equity planning. Auditors concluded the state lacked a comprehensive, unified digital equity strategy, a designated lead, and reliable funding. They said the existing PEAR/Impact Plan, BEAD five-year plan, and NTIA-approved digital equity plan each addressed parts of the issue but none provided a full statewide framework with clear authority across agencies. The Department of Commerce’s Broadband Office and the Office of Equity said they agreed with the findings and were open to working with the legislature and the Digital Equity Forum on a more structured approach. A public witness described local and regional digital equity planning efforts and emphasized the importance of coordination and community-based work.
The third audit focused on Commerce’s management of the Digital Navigator Program. Auditors said Commerce did not consistently use a competitive process, did not adequately vet grantees and subgrantees, wrote contracts that lacked clear deliverables and monitoring requirements, failed to enforce reporting, and paid $10.7 million without sufficient documentation to verify reimbursement eligibility. They said agency staff had raised concerns that were ignored and that some payments and contract expansions occurred despite warnings. Commerce officials said new leadership had already begun major contract-management reforms, including centralized oversight, risk assessments, clearer documentation standards, and staff training, and they said they would pursue recapture where appropriate. Committee members expressed strong concern about accountability, and the hearing ended after public testimony and committee discussion.
KY
Kentucky 2025 Regular Session
Tobacco Settlement Agreement Fund Oversight committee (9-18-25)
Transcript Highlights:
- Kentucky State University does a small-scale grant program funded with development funds.
- And then you've got the marketing umbrella of the Kentucky Proud, funded with development funds.
- by staff, 14 Ag Development programs closed out, and 25 Ag Development Fund project reports received
- and 25 a development fund project out and 25 a development fund project reports<00:20:04.559>
received - from the a projects that were funded from the a development<00:20:48.720>
board.
Keywords:
Meeting Start 00:00
Attendance Roll Call 00:08
Approval of Minutes 00:43
KOAP Report 00:59
KY Office of Drug Control Policy 23:04, 958, all
Summary:
The committee met on September 18, 2025, approved the July 10 minutes, and received Brandon Reid’s monthly report on Kentucky agriculture development and finance activity for July and August. Reid emphasized the long-running structure created under House Bill 611 and Senate Bill 28, the role of county agriculture development councils in all 120 counties, and the importance of the program as a national model for supporting Kentucky agriculture. He also introduced new staff and interns, including a new loan programs manager, Rachel Coward, and project manager Kylie Davis.
For July, the development board reported $3.4 million invested in agriculture and the finance corporation reported $3.1 million in loans. Highlights included 11 county council meetings, site visits, program reviews, and 18 project reports. July approvals included county agriculture incentive programs, deceased farm animal removal programs, youth incentive programs, county/state projects, infrastructure loans, an agriculture processing loan, and beginning farmer loans. Staff also noted that all 120 counties had submitted their required five-year comprehensive plans on schedule.
Bill McCloskey then highlighted several funded projects, including Dino’s Farm LLC in Jefferson County, which received support to purchase a meat processing facility and equipment, with the goal of creating market opportunities for goat, sheep, and cattle producers and establishing Kentucky’s first halal meat processing facility. Other projects included a veterinarian facility project to address large animal vet shortages and Grow Appalachia at Berea College, which provides technical assistance and market support for small-scale and eastern Kentucky producers. Members discussed the need for programs such as high tunnels and other small-scale opportunities in rural areas, and staff noted related resources such as CAPE and NRCS funding.
For August, the board reported $500,000 in development board investments and just over $3 million in finance corporation loans, along with fewer staff activities than July but continued county council, site visit, and project review work. August approvals included county agriculture incentive programs, deceased animal removal programs, youth incentive programs, county/state projects, agriculture infrastructure loans, beginning farmer loans, and a horticulture incentives loan. Additional project updates included another veterinary equipment purchase, emergency safety equipment in Graves County, and a food safety and efficiency incentive for Jared Cornet.
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee Apr 22nd, 2026
Housing and Community Development
Transcript Highlights:
- funds, ensuring education funding remains untouched.
- Previous phases of this development were supported and made possible by state-level funding that doesn't
- Previous phases of this development were supported and made possible by state-level funding that doesn't
- You have to encumber the funds by the end of this year, and there's no funds.
- to encumber the funds by the end of this year, and there's no funds.
TX
Transcript Highlights:
- to fund the development of the workforce housing and the state authorizing fee for the Committee of
- HB 4632 by Hunter relating to disbursement of initial funds for the Texas Fund Energy Fund referred the
- HB 4735 by ASB relating to the rural development funds and insurance tax credits for certain investments
- of those funds for authorizing fees for the Committee on Trade, Workforce and Economic Development.
- Of Coffin ruling the use of skills development fund by certain entities or for the subcommittee and workforce
MN
Transcript Highlights:
- And we've already talked about general fund and workforce development fund.
- So, moving a developer fund program.
- The next page continues with workforce development fund appropriations, all one-time funding in fiscal
- The next page continues with workforce development fund appropriations, all one-time funding in fiscal
- The next page continues with workforce development fund appropriations, all one-time funding in fiscal
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Oct 8th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- New Jersey has developed a policy to fully fund their pension plans.
- System was funded at 12%.
- We do have funds.
- To fully fund.
- Some of the well-funded pension funds across the country have variable rates.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Biotechnology and Medical Technology Aug 19th, 2025
Transcript Highlights:
- and much of the talent development comes from federal funding.
- That NIH funding was used to develop a recombinant heparin.
- And that NIH funding was used to develop a recombinant heparin.
- Developing another source is really critically important, and using NIH funding to develop that source
- and developing SB 829, which is currently in suspense due to funding.
Summary:
The Assembly Select Committee on Biotechnology and Medical Technology met on August 19, 2025 to examine the effects of federal grant cuts, tariff uncertainty, and related policy changes on California’s biotech, medtech, and academic research ecosystem. The chair and panelists emphasized California’s outsized role in the industry, describing major clusters in the Bay Area, Los Angeles, and San Diego, and explaining how research, startup formation, manufacturing, and clinical trials are interconnected across the state. Speakers from Biocom California, California Life Sciences, Farma, UC, Stanford, CSU Biotech, and UCLA all argued that NIH and NSF funding are foundational to discovery, workforce training, and commercialization, and that disruptions are already chilling venture capital, startup formation, and hiring.
Witnesses described several concrete impacts: suspended or terminated grants, reduced doctoral admissions, fewer training opportunities, canceled retreats and internships, and anxiety among graduate students and early-career researchers. UC reported hundreds of millions of dollars in suspended or terminated NIH and NSF funding, while Stanford said more than a thousand training and career-development grants nationwide have been frozen or ended, affecting multiple trainees per grant. CSU Biotech said 133 federal grants had been terminated, scaled back, or canceled, totaling about $140 million, including nearly $30 million from NIH and NSF. Industry representatives also warned that proposed antitrust limits on mergers and acquisitions could undermine the standard biotech exit path and further deter investment.
Committee members asked about the duration of the disruption, the possibility of state action to offset federal losses, and whether California could better support workforce development, manufacturing, and R&D tax credits. Panelists urged the Legislature to preserve and expand state support for STEM education, internships, apprenticeship pathways, manufacturing incentives, and the R&D tax credit, and to consider infrastructure and housing as part of competitiveness. They also noted that tariffs are already raising costs for medtech components and building materials, and that China is increasingly competing for R&D, talent, and licensing deals. No formal votes or bill actions were taken at the hearing; the meeting was informational and focused on testimony and discussion.
NM
New Mexico 2025 Regular Session
IC - Indian Affairs Nov 13th, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- State, federal, 638, all funding for the Division of Community Development. Okay.
- Replacement Fund.
- So the Division of Community Development is funded through Navajo.
- So, getting those plans and designs to develop housing in that area will be a part of that funding as
- Those funds came from some of our economic development ventures in Oklahoma, but we are going to develop
MN
Minnesota 2025 1st Special Session
House Energy Finance and Policy Committee 3/4/25
Energy Finance and Policy
Transcript Highlights:
- the de Development Fund it's called the de Development Fund it's called the renewable<00:08:02.879
- >
Development <00:08:03.319>Fund <00:08:03.599>at <00:08:03.759>that <00:08 - He said that in 2000, what it actually started out as was a fund for research and development projects
- now since the renewable Development Fund now since the renewable Development Fund now the<00:18:
- account this fund renewable development account this fund has<00:20:32.720>
played <00:20:32.919
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Feb 4th, 2025
House Appropriations & Finance
Transcript Highlights:
- One is operational funding for the Infrastructure Planning and Development Division, and the other is
- Then on line 84, it looks like we're creating a new Research and Development Fund, Chairman.
- Then I'd like to focus on line 108, the development fund to advance geothermal projects in New Mexico
- Funds.
- Or funds that we've leveraged our resources with some of theirs to build some of the developments, some
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 21st, 2026
Transcript Highlights:
- , so generously funded for us.
- It's an economic development organization, basically an economic developer.
- research and development centers, our university-affiliated research centers, which are all funded by
- Madam Chair and members, Courtney Jensen on behalf of the Low Income Investment Fund, a community development
- We're just asking to redirect funds to use the funding we have in-house.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/24/25
Jobs and Economic Development
Transcript Highlights:
- Welcome to the committee. development fund and 1.8 million um in development fund and 1.8 million um
- funds or workforce development general funds or workforce development funds.<00:42:44.000>
Senator - the workforce development fund. the workforce development fund.
- from general fund to workforce development fund.
- workforce development development fund. workforce development development fund.