Transcript Highlights:

• our industry to file at the lower rate would level an uneven playing field and free up much-needed capital
• We're a very capital-intensive industry, and any reduction in rates would allow us to meet that goal.
• integrated stock. exchange, an initiative many have cited as helping establish Texas now as the financial capital
• It will really make us the capital, I believe, of finance and capital market. markets in this country
• certainty in place—a level of comfort that Texas is the place to do business when it comes to finance and capital

Bills: SB1211, SB1574, SB2774, SB2873, SB2900, HJR4

Keywords: hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, SB 2873, Texas Tax Code, electronic filing, e-filing, tax reports

Transcript Highlights:

• In addition to adopting a single-occupancy model, capital projects currently constrict capacity.
• <00:14:23.640> projects occupancy model, capital projects occupancy model, capital projects
• funding and capital projects. funding and capital projects.
• Um, after accounting for reduced capacity from capital projects and a transition to single-occupancy
• Um, capital projects directly reduce the amount of real world availability.

Keywords: 958, all

Transcript Highlights:

• Instead, what we're seeing now is that capital gains and interest earnings, which are sensitive to even
• non-wage income, principally capital non-wage income, principally capital gains<00:13:05.680>
• Higher wealth leads to higher capital gains realizations, and this is causing much of the increase we
• Non-wage income sources such as capital gains and interest income are more variable from year to year
• When we look at capital gains, when we look at dividend and income, anyone with a 401(k), anyone with

Keywords: 1187, senate, all

Transcript Highlights:

• make New Hampshire more capital make New Hampshire more capital investment<00:07:41.840> friendly
• section 179 is just about capital section 179 is just about capital investment,<00:12:25.440>
• capex capital expenditures can take it. capex capital expenditures can take it.
• million, whatever on capital million, whatever on capital expenditures, expenditures, expenditures
• Creating jobs, capital, and investment in our state.

Keywords: 1189, house, all

Transcript Highlights:

• Reauthorizes 376 capital projects authorized in previous years from various funds.
• There's been two in past capital bills. So this was. I believe the more recent one.
• What's our total in capital outlay, including the new rails? Mr.
• Unless there's huge extenuating circumstances, that I will personally reauthorize capital outlay that's
• so those would occur, and then they would come before the LFC in the fall as part of the statewide capital

Keywords: 996, all

Transcript Highlights:

• I'm the capital planning director at MnDOT, and I oversee the Corridors of Commerce program. Great.
• planning director um at I'm the capital planning director um at mind<00:37:05.160> and<00:37:
• Throughout the years, we have been a vocal champion for transportation funding in the capital bonding
• Throughout the years, we have been a vocal champion for transportation funding in the capital bonding
• Throughout the years, we have been a vocal champion for transportation funding in the capital bonding

Keywords: 1183, house

Transcript Highlights:

• On the capital request—it's a capital request—and that's in law as well.
• <00:25:37.200> costs<00:25:37.679> capital<00:25:38.080> costs have been capital
• costs capital costs have been capital costs capital costs have<00:25:38.960> been<00:25:39.200
• program to reduce that capital up front. program to reduce that capital up front.
• <01:03:57.599> improvement<01:03:58.319> plan capital improvement plan capital improvement

Keywords: 928, house, all

Summary: The subcommittee began its first meeting on retained education funding bills, focusing on HB 366, which concerns school building aid for eligible projects, and HB 295, which would make school building aid program funds non-lapsing. The chair framed the discussion around broader questions about how school building aid should work, noting the state’s limited available funding, the existing debt service obligations, and whether the current formula should continue or be changed. He also raised concerns about the state’s overall revenue constraints and the need to consider renovation, new construction, and possibly leasing within any future program. Members and the Department of Education representative discussed whether school building aid is a state or local responsibility, the current backlog of projects, and the condition of school facilities statewide. Tim Carney of the Bureau of School Facilities described his background and answered technical questions about current programs. Representative Luno argued that under the ConVal decision the state has responsibility for school buildings, including construction and renovation, and that the program also serves an equity function by helping districts with less property-tax capacity. Representative Papich urged the committee to focus on policy structure and fairness rather than just available dollars, saying the current system creates winners and losers and suggesting a simpler per-capita or similar allocation model, while acknowledging a possible transition for projects already in the pipeline. The discussion also covered CTE facilities and leasing. Carney explained that charter schools, and possibly CTE centers, can receive limited leasing aid, and that CTE capital requests are funded through a state capital process, while federal Carl Perkins funds cannot be used for construction. He and others described a separate rotational funding approach for CTE centers, but several members said that model can leave programs waiting too long and may not match changing workforce needs. The chair and others noted that a report from a related study group on CTE policy and funding was still pending, and that its absence could affect legislation for FY28. No votes were taken and no bill was acted on in the portion of the meeting provided; the discussion ended with interest in modeling alternatives, reviewing the waiting list, and examining the tradeoffs of reducing upfront state aid versus funding more projects overall.

Transcript Highlights:

• PG&E, for example, through 2030 is projecting $73 billion in capital expenditures, 9% annual increase
• Public bonds and securitization, with the idea being that we can find cheaper sources of capital for
• some portion of these future capital investments.
• There is not an unlimited amount of capital that can come to California.
• There is not an unlimited amount of capital that can come to California.

Keywords: 988, house, all

Transcript Highlights:

• used to fund court security, emergency preparedness, local court facility security accounts, and capital
• expenditure limitation for the Oregon Military Department by $375,000 and increase other funds capital
• Establish a federal funds capital construction expenditure limitation of $3,620,000 for the Reese Training
• I want to emphasize, as a Democrat who actually believes in capitalism, the way I can believe in capitalism
• Department of Transportation, Federal Highway Administration, in the amount of $11 million for capital

Summary: The Emergency Board approved a series of consent federal grant applications from the Natural Resources and Public Safety subcommittees, along with several budget and position requests. The board approved grant applications for parks, transportation, judicial, emergency management, higher education, school nutrition, and other programs, including retroactive approvals where deadlines had passed. One member objected to the Natural Resources consent grants over concerns about future funding needs, but the motion still passed. The board also approved a one-time increase for Judicial Department court security, including digital privacy protections, circuit court security, and a statewide facilities assessment. A major discussion centered on Southern Oregon University’s financial stability. The Higher Education Coordinating Commission reported on SOU’s structural deficits, declining enrollment, and projected cash shortfall. The subcommittee recommended, and the board approved, allocating $7.5 million from the special appropriation for short-term stability, with a required update at the September 2026 Emergency Board meeting and a future request for the remaining funds. Members debated the broader crisis in higher education, with several saying SOU’s situation reflects systemwide enrollment and funding pressures and that long-term restructuring will be needed. The board also approved an AmeriCorps volunteer generation grant, an apprenticeship expansion grant, and a Department of Education nutrition equipment grant. In public safety, it approved funding for Oregon Military Department readiness facilities, a statewide evacuation planning tool, and a juvenile justice information system modernization report, while requiring a follow-up viability report. The Department of Justice received approval for additional antitrust positions and expenditure limitation, though several members raised concerns about the funding structure and incentives tied to settlement revenues; the motion passed despite objections. In natural resources, the board approved funding for the Water Resources Department’s well abandonment, repair and replacement grants, an assistant water master position in Washington County, groundwater data collection in the Lower Umatilla Basin, a wetlands remote sensing pilot, and parks-related grant applications for operations, maintenance, and capital improvements. Members generally supported the requests but raised concerns about geographic equity, long-term sustainability, and whether some county responsibilities were being shifted to the state. The meeting also included discussion of a Department of Emergency Management evacuation tool as an urgent wildfire preparedness measure, with members emphasizing its potential to save lives.

Transcript Highlights:

• So we work with government at all levels and obviously with the legislature to try to get capital outlay
• for our projects. capital outlay for our projects.
• We are also well aware of the concerns with the capital allocation and the reports and the reform.
• It's the human capital, all right? Look, I'm a technologist.
• So I would tell you, now that there are huge capital injections going on—like if we do a news run and

Transcript Highlights:

• Separately, following the closure of the banks where we held our capital reserve and fiat subcustody
• Basic checking accounts. ...holding our capital reserves, and then further, we, as a condition of our
• We have the most transparent, liquid capital markets in the world because of proper regulation.
• Regulation actually got us to the point where we have these great capital markets.
• If law enforcement wants to deal with you, go to the state capital, find where you are.

Transcript Highlights:

• Madam Chair and members, my name is Carl Hunt with Capital Resources of Corrections.
• Pre-design is the precursor to building our capital request in the future years.
• the precursor to building our capital the precursor to building our capital request<00:45:59.280
• All capital assets are buildings.
• <01:15:39.040> on ready uh most often uh can capitalize on ready uh most often uh can capitalize

Keywords: 1183, house

Transcript Highlights:

• Treasury awards $5 billion to community development entities, CDEs, like Advantage Capital and about
• > impact<00:46:07.599> investor Advantage Capital is an impact investor Advantage Capital
• <00:46:41.119> just parts of the country where capital just parts of the country where capital
• they need and have access to the capital they need and they<00:47:33.040> have<00:47:33.119><
• And like Alex was mentioning, um, we're struggling to find working capital cash to double our size of

Bills: HF2048, HF2360, HF2006, HF950, HF912, HF3140, HF2931

Keywords: individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding

Transcript Highlights:

• Please welcome them to our state capital. Mr.
• Please welcome them to the state capital. capital<00:01:43.280> and<00:01:43.399> Mr<00
• > President<00:01:44.079> and<00:01:44.240> members<00:01:44.560> I'd capital
• and Mr President and members I'd capital and Mr President and members I'd like<00:01:44.799> to

Keywords: 912, senate, all

Transcript Highlights:

• Sometimes counties or municipalities don't like to be the fiduciary, and it's tough to give you capital
• A lot of it comes in capital outlay for projects that are going on throughout the Navajo Nation, whether
• Being that I was the chairman of Indian Cultural Affairs, I know there were many times where capital
• New Mexico used to send money to the Navajo Nation, I believe it was under capital outlay, specifically
• You mentioned under When former Senator Lovejoy was in office, there used to be capital outlay funding

Transcript Highlights:

• about $60 million to restore the $100 million that we had the previous two years for workforce capitalization
• dollars that come along and support and get the long-term sustainability of those programs after those capital
• The first one is our workforce development capitalization incentive grant, or simply what we call workforce
• The first one is our workforce development capitalization incentive grant, or simply what we call workforce
• Now, what workforce capitalization does is it allows local educational agencies on the secondary and

Summary: The Higher Education Appropriations Committee met for its first meeting of the session and heard presentations focused on workforce education in the Florida College System and district technical colleges. Members introduced themselves and discussed their personal connections to higher education, then heard from Department of Education senior chancellor Kevin O’Farrell, South Florida State College president Fred Hawkins, and Pinellas Technical College representative Mark Hunt. O’Farrell outlined the department’s budget request, including increases for adult education, Florida College System program funds, workforce development capitalization grants, apprenticeship and teacher apprenticeship programs, Open Door scholarships, and CAPE industry certification funding. He emphasized record growth in enrollments, completions, dual enrollment, and program offerings, and described grant-funded expansion in fields such as health sciences, manufacturing, logistics, aerospace, and AI-related programs. Committee members raised concerns about whether current programs match actual labor-market demand, how artificial intelligence may reduce future human labor needs in some fields, and how the state should avoid unwarranted duplication of programs. O’Farrell said the department uses economic forecasts, employer demand data, and a CTE audit process to review programs and phase out those that do not meet performance thresholds. Members also asked for more detail on the teacher apprenticeship model, the transition from technical college clock hours to college credit, job placement and salary outcomes, and the LPN-to-RN pathway. O’Farrell said he would provide additional information later. Hawkins described South Florida State College’s rural service area, low college-going rates, and difficulty recruiting and retaining faculty and staff because salaries lag behind local market alternatives and nearby school district pay. He said the college has had to turn away students in high-demand programs due to staffing and operational limits, while also noting strong outcomes in nursing, dental hygiene, EMT/paramedic, and radiography. Hunt said Pinellas Technical College serves about 5,000 students annually, including many dual-enrolled high school students, and reported a placement rate above 90% and strong local economic returns. He said many programs have waiting lists and that additional operational funding is needed to meet demand, maintain equipment, and keep pace with salary and cost increases. The meeting ended after public comment was opened and no further business was brought before the committee, and the committee adjourned.

Transcript Highlights:

• It being 9:00 a.m., I'm going to officially call to order the Capital Project Overview Committee meeting
• Um, we seek your approval on $754,000 worth of maintenance capital investments.
• Um, the capital budget um last biennium had asked for a more detailed report from the community college
• Um, and again the information in aggregate is in there for the community college system, but the capital
• <00:26:27.120> budget college system but the capital budget college system but the capital

Keywords: 928, house, all

Summary: The Capital Project Overview Committee approved the minutes from its February 24 meeting and then received a briefing on the legislative parking garage from Terry Poff, Chief Operating Officer for the General Court. He reported that the pre-stressed concrete garage, being built with panels fabricated by Unistress in Pittsfield, Massachusetts, remains on schedule, with erection expected in late July through August and functional occupancy targeted for March 17, 2026. He said the garage will provide 409 spaces, security cameras, a communications repeater, and a maintenance plan developed from the outset. In response to questions, he explained nearby street excavation is for drainage vaults and oil-water separators, and that temporary closures will be needed during panel deliveries. He also said the garage was designed with future EV charging infrastructure in mind, but current charging stations would need to be located outside the secure facility; he has begun discussions with city officials about possible curbside charging options. The committee then heard and approved a $754,000 capital request for Cannon Mountain/Franconia Notch State Park maintenance projects. The request, recommended by the Cannon Mountain Advisory Commission, covers lodge exterior repairs, lift maintenance, snowmaking pipe replacements and pump controls, and equipment purchases to improve maintenance operations. The committee approved the item after brief discussion. Next, the Department of Transportation presented two toll-credit requests. The first, CAP 250007, sought toll credits to support transportation planning, regional planning commissions, GIS and asset-management work, and related federal planning requirements; members asked about coordination with Granite data and the effect of a prior budget decision on regional planning officers, and staff said the request would not affect the regular federally funded program. The committee approved the item. The second, CAP 25010, sought $245,000 in toll credits for bus terminal improvements, regional mobility management, a statewide transit assessment, and an intercity bus pilot intended to connect Keene with southern New Hampshire or Concord. Members asked about the subsidy structure and ridership reporting; staff said the intercity service would be a net-cost subsidy and agreed to provide updated ridership and route information. The committee approved this item as well. At the end of the meeting, the committee noted that a quarterly capital projects report from DAS and the community college system was informational only, and members opted not to hear a separate presentation that day. The next meeting was set for September 29 at 9:00 a.m., with a request to invite HHS to discuss closed-loop referral system projects. Members also asked for future updates on the planned sale of the Cenuunu Center, and the committee adjourned after a motion carried.

Transcript Highlights:

• Uh, the budget for the airport, including the capital spend, it's going to go up a lot in the future
• Um, well, if you look at our capital program, our capital program, you know, it fluctuates from year
• Electric utilities are highly capital intensive.
• Also, the water utilities are even more capital-intensive. They, they do.
• They just have higher capital expenditures and other operations.

Transcript Highlights:

• the primary funding mechanism, as this committee knows very well, for school districts to pay for capital
• Over $88 billion in school tax elections for capital projects was approved by Texans from 2020 to 2024
• For transparency, over $88 billion in school tax elections for capital projects was approved by Texans
• ..your first page there, and replaces subsection B1F on page two to include other data related to capital
• They don't have the capital, you know, they don't have big businesses and lots of folks that live in

Summary: The Senate Education K-16 Committee heard several bills focused on school finance, transparency, student safety, and educator misconduct. SB 843 by Senator Kolkhorst would create a centralized TEA database for school bond elections, tax rates, and project details; supporters said it would improve transparency for taxpayers, while members discussed the fiscal note and suggested adding charter schools. SB 1224 by Senator Sparks would require superintendents to report alleged romantic, sexual, or abusive conduct between staff and students directly to law enforcement within 48 hours, with penalties for failure to report; testimony from advocates and survivors strongly supported the bill and urged that it also apply to private and charter schools. SB 747 by Senator Paxton on behalf of Senator King would require school district policies addressing AI-generated sexually explicit images of minors as cyberbullying and direct the School Safety Center to develop guidance; the committee heard emotional testimony from a student victim and discussed school authority to discipline off-campus conduct and the role of cell phones. The committee also heard SB 1636 by Senator Hinojosa, which would limit use of interest and sinking tax revenues to debt service for voter-approved capital projects and not deferred maintenance; school finance witnesses raised concerns that the bill’s language could restrict needed facility maintenance spending and asked for a clearer definition of deferred maintenance. SB 2185, also by Senator Hinojosa, would expand access to the bilingual education allotment for dual-language programs; district officials and educators testified in support, saying it would remove barriers to funding and better support bilingual instruction. SB 604 by Senator West would require the Permanent School Fund Corporation to publicly track bonds backed by the state guarantee program that are downgraded to speculative or junk status, with West arguing the information would provide an early warning sign of district financial distress. Across the hearing, much of the testimony centered on student protection and accountability in schools. Multiple witnesses described educator misconduct cases, failures to report abuse, and the need for outside law enforcement involvement rather than internal district investigations. Committee members repeatedly discussed extending reporting and safety requirements to private and charter schools, and several witnesses urged independent oversight. No bills were voted out; each measure heard was left pending, and the committee recessed subject to the call of the chair.

Transcript Highlights:

• today and you know on behalf of myself and Senator Creighton We want to welcome you to your Texas capital
• treasurer of Galveston County, so it's also not every day that we have a... county up at your Texas capital
• It's great to see everyone up for. home and bring those Galveston County values to your Texas capital
• Bill, you've built in a section that has market capitalization requirements.
• Market capitalization pertains to how much value that asset has. as when combined all together.

Bills: SJR34, SB10, SB18, SB19, SB21, SB72, SB140, SB262, SB370, SB480, SB495, SB627, SB703, SB767, SB790

Keywords: parental rights, parents, children, custody, care and control, upbringing, family law, constitutional amendment, Texas Constitution, child welfare, education policy, medical decisions, parental authority, primary decision makers, family autonomy, education, Ten Commandments, public schools, religious display, First Amendment