Transcript Highlights:

• The second thing is Minnesota has a bad habit of passing mandates onto the construction of new homes
• of new homes to construction of new homes to artificially<00:55:36.880> inflate<00:55:37.359>
• Over the years, it has become a consistent source of our public school educational finance.
• school educational fi finance. school educational fi finance.
• Pursuant to Senate committee on finance.

Keywords: 918, senate, all

Summary: The Senate opened with a call of the Senate, prayer, and the Pledge of Allegiance, then established a quorum and moved to messages from the House. The chamber received several House-passed Senate files, including SF 2814 (real estate appraisers), SF 3637 (transportation), and SF 4244 (technical corrections), and took up SF 1714 on payment transparency and public contracts. The Senate concurred in the House amendments to SF 1714, advanced it to third reading, and then passed the bill 65-0. The Senate also received House amendments to SF 3432 on public safety, but instead of concurring, it voted to send the bill to a five-member conference committee. The Senate likewise agreed to a conference committee request on HF 4188, a commerce bill dealing with consumer protections for insurance and financial products. The Senate then handled additional House messages and routine business, including first reading of several House files and adoption of committee reports. A committee report on SF 453, relating to thermal energy networks as public improvements and water works, recommended amendment and passage under Senate Concurrent Resolution 6, and the report was adopted except for the referenced resolution item. The chamber also completed second readings of several Senate bills and one House bill, and approved a motion to withdraw SF 4464 from the Committee on State and Local Government and return it to the author. The main floor debate centered on HF 1141, the housing finance and policy omnibus. Senator Port described the bill as focused on affordability, including $50 million in housing infrastructure bonds, greater Minnesota infrastructure grants, manufactured housing protections, limits on large institutional investors buying single-family homes, and increased oversight of the Minnesota Housing Finance Agency. The Senate adopted several amendments, including a technical A12 amendment, A7 to dedicate $5 million of bonding to manufactured home park improvements, and A4 on manufactured housing protections such as rent receipts and longer move-out time after eviction. Senator Abler then offered A14, which would limit rent increases in certain non-market-rate, tax-credit housing for seniors to CPI-based increases; supporters framed it as a humanitarian measure for elderly residents facing steep rent hikes, while opponents raised concerns about rent control, the scope of the amendment, and the need for more detail. The transcript ends during continued debate on A14, with no final vote shown on that amendment.

Transcript Highlights:

• And $100 million—that's the number we're able to finance in housing infrastructure bonds, which will
• And $100 million—that's the number we're able to finance in housing infrastructure bonds, which will
• Major investments prioritize infrastructure, roads, sewers, construction to boost home-building capacity
• <00:29:40.720> and program to support construction and program to support construction and
• to boost home building construction to boost home building capacity.<00:30:34.559> That's<00:

Keywords: 1183, house

Transcript Highlights:

• In fact, I was a public works director when it was under construction.
• construction or finished. construction or finished.
• civil engineer and a construction civil engineer and a construction manager,<00:39:27.920> and
• finance finance or<01:25:48.560> excuse<01:25:48.800> me<01:25:49.240> uh<01:25
• Um so we can needs to go on to finance. Um so we can include<01:25:57.560> it.

Keywords: 1187, senate, all

Transcript Highlights:

• priority applications received through March 1, 2026, for inclusion in the FY 2027-2028 Port Priority Construction
• We've been working our way toward it, but with that minimum financing of just $40 million from the TTF
• or their own financing, and we have a...
• uh over 200 million in backlog here we've been working our way towards it but with that minimum financing
• or their own financing and um we have a Financing or their own financing, and we have, we're under a

Keywords: 965, house, all

Summary: The Joint Committee on Transportation, Highways and Public Works met to receive public testimony and act on port priority applications for inclusion in the FY 2027-2028 Port Priority Construction and Development Priority Program. After approving the March 9, 2026 minutes, the committee heard from Commissioner Andrew Kilshaw of the Office of Multimodal Commerce on two applications from the Avoyelles Harbor and Terminal District: a building addition and waterfront industrial improvements project, and a Workforce Training Center redevelopment project. He said both met program criteria and projected substantial state benefits, jobs, and high benefit-cost ratios. Committee members asked about the projected jobs, the unusually high benefit-cost ratio, and the status of other port projects. Kilshaw and DOTD’s Molly Bergoin said the program has a backlog of more than $200 million, but the department is working through it, with some projects nearing closeout. They also said the annual request cap has been increased and that a tiered funding approach is being considered to help projects compete for federal dollars. Members expressed support for expanding investment in ports and for a statewide strategic plan. Chairman Boriak moved to accept the port priority applications received through March 1, 2026, for inclusion in the FY 2027-2028 program. There was no objection, and the committee accepted the projects. The meeting then adjourned without objection.

Transcript Highlights:

• All right, I call this meeting of the Energy Finance and Policy Committee to order.
• We need the legislature to protect us from the suggestion of finance and the absolute false promises
• Immediate job creation will generate economic impact through construction jobs during development, and
• Noting the timeline that you have here and the little thing you gave us in our packet, construction is
• to expand the innovative and environmentally responsible use of agrivoltaics in Minnesota and to finance

Bills: HF2928, HF2912, HF2297

Keywords: water appropriation, data centers, environmental review, energy conservation, permit application, carbon-free energy, geothermal energy, renewable energy, Macalester College, appropriation, sustainability, solar energy, pollinator programs, license plates, agrivoltaics, environmental sustainability

Transcript Highlights:

• As you can see on that second page, if you go to the mean, you can see the increase in construction cost
• In statute that requires for this type of financing that a special additional hearing must take place
• with local tax-exempt bonds, and some are used with state tax-exempt bonds for the supplemental financing
• surrounding RONO approvals, the bill promotes investment in housing development and supports the construction

Bills: HB164, HB411, HB627, HB 1226, HB1677, HB1865, HB1997, HB2985, HB3462, HB4188, HB4685, HB4840, HB5370, HB5424, HB5466, HB5509, HB5660, HB5673, HB164

Keywords: migrant labor, housing regulations, civil penalties, complaints, occupants' rights, remediation, education, retaliation, housing, rental regulation, municipal authority, local government, leasing, housing regulation, local control, rental properties, leasing laws, landlord, tenant rights, municipal regulation

Transcript Highlights:

• Senate committee on Finance will come to order. I don't think we need to call the roll now.
• Page 30, item number 12, new rider for construction donation is adopted as amended.
• Page 31, technical adjustments for Texas Public Finance Authority. That's adopted.
• The first rider is for Unexpended Balance Authority for their research facility construction.
• Item number one is a method of finance corrections.

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• California and the Department of Finance on developments since our first hearing in February.
• Mary Halterman, Department of Finance. I'm the Assistant Program Budget Manager.
• Finance continues to monitor.
• . financing mechanisms work.
• Recommendations 3 through 11 deal with the financing topic.

Keywords: 988, house, all

Transcript Highlights:

• <00:13:03.760> of monitor the design and construction of monitor the design and construction
• , they're making sure that their materials and construction timelines are lined up, making sure that
• c><00:24:13.880> and<00:24:14.080> construction their materials and construction their
• pass it it would not get through Finance pass it it would not get through Finance so<01:06:16.960
• The chances of, uh, we hope to get in front of Finance, you know, from this committee, to Finance with

Keywords: 1191, senate, all

Transcript Highlights:

• Two of them are built, and two of them are under construction right now.
• Schwartner left about finances and why do we need six replacement helicopters.
• The primary role of the Water Development Board is to bank and finance.
• How to input it into the finance model as well as the flood plan.
• Do you think they'd be helpful if they were constructed?

Keywords: 1185, senate, all

Transcript Highlights:

• Wood, members, House Bill 2692 modifies procurement procedures for single job order contracting construction
• , as stated in the general plan, identifies the areas to be improved and the estimated cost of constructing
• or acquiring the public infrastructure to be financed, constructed, or acquired by the district.
• And who—it's Representative Powell—so stipulates a municipality that imposes a construction contracting
• A municipality that imposes a construction contracting excise tax rate.

Keywords: 1182, all

Summary: The meeting was a caucus-style run-through of many bills and resolutions across Appropriations, Commerce, Education, Federalism/Military Affairs/Elections, Government, Health and Human Services, Judiciary, ENRU, Public Safety, and Rural Economic Development. Measures discussed included housing and HOA rules, school policy and funding, health care licensing and records timelines, public safety and corrections funding, election and campaign rules, water and environmental policy, and several criminal justice and juvenile justice changes. Many items were described as being on third-read consent or consent calendars, with staff often noting that no questions were raised and no sponsor was present. Several bills drew sponsor explanation or member discussion. In education, members reviewed bills on teacher strikes, school safety, math placement, student outcomes, free school meals, parent permission for clubs, and school bond ballot disclosures. In health, bills covered prior authorization data reporting, nursing board rules and complaint procedures, pharmacist testing/treatment authority, opioid antagonist expiration dates, board continuations, and a constitutional amendment on refusing medical mandates. In government and public safety, members discussed DCS legal representation, inmate medical records, public safety parity funding, sheriff authority, border support funding, and a resolution supporting county sheriffs. In commerce and housing, bills addressed condominium and HOA authority, shade structures, pet restrictions, insurance certificates, apprenticeship definitions, automatic renewal contracts, and a state housing affordability district. There was notable discussion on House Bill 4044, which would create a Public Safety Parity Fund for DPS and DOC salaries using interest from the state rainy day fund and other revenue sources. The sponsor argued it would provide a reliable way to fund public safety pay, while others objected that it would consume interest needed to preserve the fund’s value and that a general fund appropriation would be more appropriate. The bill prompted extended back-and-forth, with some members supporting the concept and others saying it was fiscally irresponsible. Another point of discussion came on House Bill 2775, where staff noted a possible misprint in the bill history, and on House Bill 467, where staff clarified that the inactive voter list changes related to e-poll book status categories. No formal votes were recorded in the transcript, and the meeting appears to have been a review of measures before floor action.

Transcript Highlights:

• conducts a cleanup, the state is required under federal law to share the costs, which is 10% for construction
• we believe that going through that for years should not detract from getting to the cleanup and construction
• prioritization and forward momentum, and we really look forward to getting to that cleanup and construction
• new account that we will be managing smaller, but a new account that provides, again, some bridge financing
• And also, how we finance increased risk reduction and mitigation work so that we can start to bend that

Summary: The committee first heard updates on the Model Toxics Control Act (MTCA) and related funding. Department of Ecology staff explained how MTCA and the hazardous substance tax support cleanup, prevention, stormwater, and local assistance programs, but said forecasted revenues have declined while appropriations and transfers have outpaced incoming funds. Ecology said the operating account will require underspending to stay balanced this biennium and that the problem is ongoing, with further reductions possible if forecasts worsen. Ecology also reviewed the state cleanup program, noting there are more than 14,500 cleanup sites in Washington and that new sites continue to be discovered faster than they are cleaned up. A question from Representative Lee raised the long-term issue of declining fossil-fuel-based revenue, and Ecology agreed that this is a future structural concern even though the current shortfall is driven more by forecasts and transfers than by fuel-use decline. The Pollution Liability Insurance Agency described its underground storage tank and heating oil programs, saying it has modernized from a reinsurance model to a financial assurance model with stronger state oversight and cleanup milestones. Russ Olson said the agency’s dedicated petroleum tax account is in strong financial condition, but emphasized the importance of preserving that funding source. He also discussed the loan and grant program for historic commercial releases and a new heating oil loan/grant program, while noting the agency is working on equity concerns where liens can be disproportionate to property values in smaller communities. Practitioners and advocates then offered differing views on MTCA’s performance: one attorney urged a collaborative review process to make cleanups faster, less expensive, and more certain, while another consultant argued the program is too conservative and process-heavy and should focus more narrowly on actual exposure and realistic cleanup standards. Environmental and community groups countered that MTCA is essential for cleanup, pollution prevention, stormwater control, and public participation, and that it is especially important for environmental justice communities such as the Duwamish Valley. Port and city representatives stressed that MTCA grants and cleanup funding are critical for large redevelopment projects, but said long timelines, permitting delays, and funding uncertainty can slow projects and jeopardize commitments. The committee then shifted to utility wildfire risk. Staff summarized recent legislation, including requirements for utility wildfire mitigation plans, creation of a wildfire mitigation standards work group, authorization for captive insurance by local governments and PUDs, securitization authority for disaster costs, and the existing wildfire response and resilience account. Chelan County PUD and Puget Sound Energy described extensive mitigation efforts such as vegetation management, grid hardening, undergrounding, AI smoke cameras, weather stations, enhanced operating settings, public safety power shutoffs, and community outreach. Both said wildfire risk is rising and insurance costs are increasing, and Chelan PUD asked the Legislature to restore funding to the wildfire response and resilience account. The Office of the Insurance Commissioner said a 2022 utility liability market study found insurance availability is tightening as perceived risk rises, and reported that a 2025 work group recommended restoring community resilience funding, requiring insurers to share wildfire risk scores and mitigation steps with property owners, and creating a grant program based on insurance industry wildfire standards. A PNNL scientist added that wildfire probability is increasing in parts of Washington and that mitigation requires long-term, landscape-scale coordination. The final speaker began describing California’s approach to wildfire risk, but the transcript cuts off before that presentation concluded.

Transcript Highlights:

• We may not do that, but between the American construction of the Panama Canal, the French effort to build
• The construction cost more than 35,000 lives.
• The construction of the canal is progressing at a slow pace, taking nearly a decade, and Chinese companies
• Chairman, if this committee doesn't embrace this larger agenda, it's going to get decided in the Finance
• It's not only the construction of the bridge, but it's the removal of a bridge.

Transcript Highlights:

• development board and the a finance development board and the a finance corporation.<00:02:22.560
• approvals and the A finance approvals. approvals and the A finance approvals.
• County funds. it was to construct a 100 County funds. it was to construct a 100 by<00:10:22.399> 180
• Very happy with our finance officer, Mr.
• Bill course our finance officer, Mr.

Keywords: Meeting Start 00:00 Attendance Roll Call 00:04 Approval of Minutes 00:36 KOAP Report 00:51, 958, all

Summary: The committee met with a quorum, approved the June 12 minutes, and then received a presentation from Brandon Reid and Bill McCloskkey of the Agricultural Development Board on the June report and the 25th anniversary of the Agricultural Development Fund. They described a joint anniversary meeting held at the Kentucky Historical Society, thanked staff, and noted that the board presented members with a token of appreciation. They also reported a clean annual audit, with the audit report to be shared more fully at a later meeting. The presenters reviewed June activity and funding decisions, saying the development board approved about $3.3 million and the finance board about $5 million in loans. They highlighted program activity such as advisory council meetings, site visits, project reports, and county comprehensive plans. Specific projects discussed included the Food Chain project, which sought support for equipment and improvements to expand Kentucky product marketing; Miller Rockbridge Farms LLC, which sought county support for a barn for an education program; and Thompson Family Farm LLC, which sought funding for a livestock buying station. The board approved reduced or county-only funding in some cases, including $45,643 for the Food Chain project and county money for the farm projects. Members asked about the meaning and purpose of the county comprehensive plans and how counties use them to guide funding decisions. The presenters explained that House Bill 611 created a structure in which each county council develops a comprehensive plan, updated on a five-year cycle, to prioritize local agricultural investments and evaluate applications. They said county councils work with extension agents and the Agricultural Development Office, and that staff attend meetings, provide training, and help new agents and council members understand the program. Members emphasized that the planning process helps ensure funds are targeted to local needs and supports diversification of agriculture beyond tobacco.

Transcript Highlights:

• She sits next to me in finance and sometimes I lose my focus because I'm just looking.
• I think Senator Huffman made a statement in Senate Finance that we could brag about what we're doing
• They don't respond when I say it's a 24-hour... percent sales tax, they never engage in constructive
• Yes, the Senate Committee on Finance. We'll reconvene ten minutes upon adjournment.
• Senate Bill 930 by Eckhardt relating to efficiency. audits of Operation Lone Star to Finance, Senate

Bills: SJR2, SB4, SJR36, SJR2, SB4, SJR1, SJR5, SB9, SB40, SJR2, SB4, SR98, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000, SJR40, SJR41, SJR42, SJR43, SJR44, SJR45, SJR46, SJR47, SCR13, SB6, SB13, SB21, SB826, SB827, SB828, SB829, SB830, SB831, SB832, SB833, SB834, SB835, SB836, SB837, SB838, SB839, SB840, SB841, SB842, SB843, SB844, SB845, SB846, SB847, SB848, SB849, SB850, SB851, SB853, SB854, SB855, SB856, SB857, SB858, SB859, SB860, SB861, SB862, SB863, SB864, SB865, SB866, SB867, SB868, SB869, SB870, SB871, SB872, SB873, SB874, SB875, SB876, SB877, SB878, SB879, SB880, SB881, SB882, SB883, SB884, SB885, SB886, SB887, SB888, SB889, SB890, SB891, SB892, SB893, SB894, SB895, SB896, SB897, SB898, SB899, SB900, SB901, SB902, SB903, SB904, SB905, SB906, SB907, SB908, SB909, SB910, SB911, SB912, SB913, SB914, SB915, SB916, SB917, SB918, SB919, SB920, SB921, SB922, SB923, SB924, SB925, SB926, SB927, SB928, SB929, SB930, SB931, SB932, SB933, SB934, SB935, SB936, SB937, SB938, SB939, SB940, SB941, SB942, SB943, SB944, SB945, SB946, SB947, SB948, SB949, SB950, SB951, SB952, SB953, SB954, SB955, SB956, SB957, SB958, SB959, SB960, SB961, SB962, SB963, SB964, SB965, SB966, SB967, SB968, SB969, SB970, SB971, SB972, SB973, SB974, SB975, SB976, SB977, SB978, SB979, SB980, SB981, SB982, SB983, SB984, SB985, SB986, SB987, SB988, SB989, SB990, SB991, SB992, SB993, SB994, SB995, SB996, SB997, SB998, SB999, SB1000

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• Um she is with our finance corporation. Um she is with our finance corporation.
• And u we're fixing to and a finance.
• for a finance corporation.
• Agriculture Finance Corporation and was Agriculture Finance Corporation and was approved<00:17:12.000
• Kentucky Agriculture Finance Kentucky Agriculture Finance Corporation.<00:47:30.640> So<00

Keywords: Meeting Start 00:00 Attendance Roll Call 00:18 KOAP Report 00:58 Approval of Minutes 53:58, 958, all

Summary: The Tobacco Settlement Agreement Fund Oversight Committee met on June 11 but did not have a quorum, so it could not approve the prior minutes. The committee then received a compliance and program update from Brandon Reed and Bill McClowski of the agricultural development board, who said the office is fully staffed, has digitized most records, and has added a Facebook page to share board actions, projects, and compliance work. They also reported that the board and finance corporation continue to operate with strong county-council participation and that the office had completed numerous site visits, program reviews, and project closeouts over the reporting period. The presenters reviewed monthly funding actions from December through May, including board approvals ranging from hundreds of thousands to several million dollars, with a December finance meeting delayed by a snowstorm. They highlighted that the Kentucky Agriculture Finance Corporation now has 57 loans generating more than $2 million per month in payments, and that the revolving loan program has grown to support more than $24 million annually in repayments available for relending. They also noted that 75% of the portfolio is in beginning farmer loans and that the office had recently surpassed 1,000 active loans. Several projects were discussed in detail. These included a grain facility in Callaway County supporting organic corn production for expanding egg-layer operations, a Union County cattle business expansion, a West Liberty Veterinary Clinic project to build a working cattle facility, a Grayson County farmers market project, a Casey County veterinary services project, and a packing warehouse for the Kanye family to support specialty crops. The presenters emphasized that county and state tobacco settlement funds are often combined, sometimes with participation loans, to leverage local investment. They also stressed the importance of supporting greenhouses, farmers markets, specialty crops, and large-animal veterinary services as key agricultural priorities. No votes or formal actions were taken beyond the lack of quorum and the informational presentations.

Transcript Highlights:

• starts spending again, you had that, a big increase in, in monetary demand for goods and services financed
• things that are normally financed with general revenue state general revenue combined with the takeoff
• Oh, actually, I can tell you the Foundation school program, which is the, the school finance formulas
• Um, if you include all of Texas Education Agency funding, so not just the school finance formulas, but
• This facility was constructed through the use through the issuance of $333 million of COs.

Transcript Highlights:

• Increase in monetary demand for goods and services financed by the extra savings. combined with cost
• However, public school systems, system is jointly financed between state appropriations and local property
• things that are normally financed with general revenue. general revenue combined with the takeoff in
• The school finance formulas, the biennial recommended amount is 71.8 billion dollars.
• So not just the school finance formulas, but grants and the administration of that as well.

Keywords: 1184, house, all

Transcript Highlights:

• I serve on the Finance and Transportation Committee and Council Services, so thank you very much.
• I don't know; I think it varied on putting it on an existing house and maybe a new house, new construction
• And also the Mortgage Finance Authority on how we can all work together in having a fluent and smooth
• The Construction Industries Division, by rule, has mandated that new construction contain an EV charging
• I'm a fiscal analyst for the Legislative Finance Committee. Finance Committee.

Transcript Highlights:

• Significant planning and construction are underway for the facilities.
• Our new hospital in Rio Grande and the resources needed to complete construction of the El Paso.
• construction... is complete.
• The construction we hope to be complete.
• Thank you. to completing construction on time on all four units or Four units. I'm so sorry.

Keywords: budget, House Bill 1, public education, healthcare, border security, federal funding, spending limits

Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.