Transcript Highlights:

• The providers will have increased bad debt.
• It'll be replaced essentially with bad debt that our providers will try to absorb.
• Uh that will increase uh their debt.
• Um, I'm a consumer of salt. Um, I'm not on the collection side of it.
• Um, I'm a consumer of salt. Um, I'm not on the collection side of it.

Keywords: 1189, house, all

Transcript Highlights:

• It's expensive, it's time-consuming.
• It's expensive, it's time-consuming.
• It's expensive, it's time-consuming.
• It's expensive, it's time-consuming.
• It's expensive, it's time-consuming.

Keywords: 1189, house, all

Transcript Highlights:

• now, which is junk bond status, I mean that debt is going to be very expensive debt for you to put on
• We would just maintain the existing debt. Um, but that's the requirement.
• now, which is junk bond status, I mean that debt is going to be very expensive debt for you to put on
• We would just maintain the existing debt. Um, but that's the requirement.
• <00:15:37.920> at, would be able to take on that debt at, would be able to take on that debt

Keywords: 912, senate, all

Summary: The joint committees heard House Bill 344 HD1, which would require new buildings to include electric vehicle charger-ready parking stalls. Testimony was overwhelmingly in support from the State Energy Office, Department of Accounting and General Services, the Disabilities and Communication Access Board, and others. Members asked about cost and infrastructure impacts; the State Energy Office said the added cost would likely be modest if planned from the start, but that electrical capacity remains a key challenge for expanding EV charging. The chairs proposed two amendments: extending the bill to cover on-grade parking lots and adding language for Level 1 or Level 3 charging when appropriate. After discussion, both committees voted to pass HB 344 HD1 with amendments. In the Energy and Intergovernmental Affairs committee, the chair voted aye, one member voted with reservation, and excused members were noted; the Government Operations committee also passed the measure, with one aye vote and one vote with reservations. The committees also heard House Bill 10001 HD1 SD1, relating to the Maui wildfire settlement trust fund. The Governor’s Office, Attorney General’s Office, Maui County, and the Tax Foundation testified in support. Members questioned Hawaii Electric Industries’ ability to fund its share of the settlement and whether the state should pay first or in tranches. The chair proposed amendments requiring all defendant parties to submit payment plans and proof of ability to pay, and requiring non-state defendants to fund their shares into escrow before the state releases its share. The committee adopted the amendments and passed the bill unanimously by the members present. Later, the committee deferred action on House Bill 229 HD1 until March 20 for clarification on amendments, then passed House Bill 860 HD1 with amendments addressing liability for limited resurfacing of disputed roads, and passed House Bill 1161 HD2 with amendments concerning highway fund use, formula calculations, and EV-related county fees.

Transcript Highlights:

• So, the debt service is significant.
• the statutory appropriation and debt the statutory appropriation and debt service<00:07:00.840><
• So, the debt service is significant. So, the debt service is significant.
• I just mentioned, have a high debt I just mentioned, have a high debt service<00:07:40.200> that
• additional HIBs, the long-term debt additional HIBs, the long-term debt service<00:07:53.480>

Keywords: 1187, senate, all

Transcript Highlights:

• So you're picking, you're picking the debt, right? What's that?
• The debt is, the debt is picked, was picked by that, but then you're, you're converting it.
• Are you converting that debt to equity for Mr.
• And effectively that's our debt.
• That we're going to have a debt-free balance sheet. OK.

Bills: HB 2007, HB 2462, HB 2621, HB 2921, HB 3187, HB 3331, HB 3332, HJR 144, HB 3514, HB 3528, HB 3539, HB 3563, HB 3720, HB 3726, HB 3751, HB 3859, HB 3947, HB 4148, HB 4164, HB 4337, HB 4346, HB 4368, HB 4706, HB 4916, HB 4950, HB 4967, HB 5177, HB 5603

Keywords: commercial signs, county approval, transportation code, regulations, road signage, high occupancy vehicle lane, pregnant operators, transportation, parental rights, motor vehicle regulations, live video feed, state agency, transparency, public safety, confidentiality, personal information, local government, airport data, public records, regional transportation

Transcript Highlights:

• That 1.5% amount is split 50-50 between BSA deposits and debt payments for certain eligible debts.
• Can you talk a little bit about the debt repayment options?
• for reserves or to maintain those debt payments.
• Sisney, around paying down the federal debt for the UI Fund.
• Sysney around paying down the federal debt for the UI Fund.

Summary: The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years. The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains. Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.

Transcript Highlights:

• Um, and she will be touching on agenda items number 5B and 5C, a new debt issue, and five SFCC debt issues
• Um, Miss Couch, please begin with the new debt issue.
• Um, and she will be touching on agenda items number 5B and 5C, a new debt issue, and five SFCC debt issues
• Um, and she will be touching on agenda items number 5B and 5C, a new debt issue, and five SFCC debt issues
• The new debt issue was approved.

Keywords: 00:09 Call to Order and Roll Call 00:42 Approval of Minutes 01:07 Information Items 04:05 Lease Rpt - Finance and Administration Cabinet 18:59 OFM - Economic Development Fund Grants 25:42 OFM – KY Housing Authority 31:30 Remaining 2025 Meetings 33:26 Adjournment, 958, all

Summary: The committee met with quorum, approved the September meeting minutes, and received a set of information reports on capital projects, debt, school district bond issues, UK and KCTCS asset preservation projects, and the Louisville Arena Authority’s financial report, with the latter noted as lengthy and expected to be discussed further in person in December. The committee also heard a Finance and Administration Cabinet lease report covering three leases: a temporary lease for the Cabinet for Health and Family Services in Louisville due to ongoing maintenance and safety issues at its current site, a Department of Juvenile Justice lease in Hardin County for a day-treatment/alternative school program, and a Warren County lease renewal. Members questioned the Hardin County lease about the higher rate and limited competition; agency staff explained the specialized school setting, transportation and program requirements, and the difficulty of attracting bidders for alternative-school space. The lease package was approved after roll call. The committee then considered seven economic development grants: four EDF grants and three KPDI grants. The projects included infrastructure for Allen County’s industrial park, flood-related repairs for Weddington Plaza in the Big Sandy area, an Owensboro manufacturing expansion for Mscan America, a new Louisville manufacturing facility for Anthro Energy, a Henderson due-diligence study, a Paducah spec building, and utility extensions for the Riverbend site in Carrollton. Staff said the projects had been approved by KEFA and recommended by the relevant cabinet leadership, and the committee approved them by roll call. Finally, the committee reviewed a new Kentucky Housing Corporation conduit bond issue for about $43 million for 233 Louisville housing units, which was approved. It then took up five SFCC debt issues together: new money for an Edmonson County elementary school and Knox County middle school gym improvements, plus refundings for Callaway, Hardin, and McCracken counties. Members raised concerns that the refundings were bundled together and that some did not appear to meet a newly referenced 3% net present value savings guideline, but the package was still approved on a 5-2 vote. The meeting ended with calendar updates, including a November 20 meeting at noon and a December 16 meeting featuring the Yum Arena presentation, followed by adjournment.

Transcript Highlights:

• Those counties that are rolling off the debt service, and we've listed those on here.
• Those counties that are rolling off the debt service, and we've listed those on here.
• Those counties that are rolling off the debt service, and we've listed those on here.
• Those counties that are rolling off the debt service, and we've listed those on here.
• <00:58:45.040> debt uh with a maximum annual debt debt uh with a maximum annual debt debt

Keywords: 958, all

Summary: The Interim Joint Budget Review Subcommittee on Justice and Judiciary met without a quorum and heard an update from the Administrative Office of the Courts on the judicial branch budget. AOC Director Zach Ramsey and budget director Carol Henderson outlined the branch’s current funding structure, noting that fiscal year 2026 general fund support is about 2.77% of the state general fund, below the National Center for State Courts’ typical 2% to 4% range. They emphasized Kentucky’s unusual responsibility for courthouse facilities, with the judicial branch directly involved in construction, maintenance, and operations across 229 facilities in all 120 counties. AOC said nearly 91% of its general fund is spent on personnel and other non-discretionary costs, and that the branch has long relied on agency revenue, restricted fund carryforwards, and vacancy credits to balance court operations. Members were told that Senate Bill 25 required a $34.5 million transfer into a reserve account, part of which was used to purchase the Chamberlain Avenue building in Frankfort. AOC reported that only $11.9 million remains in restricted funds, while it projects needing about $13.5 million to cover fiscal year 2026 obligations, not including roughly $9 million in flood-related remediation costs for Hardin and Franklin counties, much of which it expects to recover through insurance and FEMA. Looking ahead to the next biennium, AOC said it will seek full funding of court operations at $341 million annually, a $13.5 million increase to bring current services into the base appropriation rather than relying on reserves. It also previewed additional requests, including a 15% across-the-board pay parity plan for Kentucky Court of Justice personnel, replacement of declining master commissioner fee revenue tied to 141 deputy circuit court clerk positions, funding for technology subscription and case management system costs, JAV audiovisual system upgrades, AEDs and medical kits for courthouses, and other staffing and operational needs. Senator Funky Frommeyer asked whether the 15% salary proposal was included in the $13.5 million increase; AOC said it was not, and that it would be an additional request. No votes or formal actions were taken.

Transcript Highlights:

• debt service reported debt levy to pay debt service reported debt issues<00:01:38.880> to<00:
• And we do have two new debt issues and three SFCC debt issues requiring action, and two previous debt
• <00:52:24.760> issues debt issues and three SFCC debt issues debt issues and three SFCC debt
• new debt issues into one roll call vote? new debt issues into one roll call vote?
• The three SFCC debt issues were The three SFCC debt issues were approved.<00:59:16.800> Thank<

Keywords: 0:00:01 Call to Order and Roll Call 0:00:54 Approval of Minutes 0:01:08 Information Items 0:03:18 Postsecondary Institutions - UK 0:18:10 Finance and Administration Cabinet 0:30:13 KY Infrastructure Authority 0:37:30 Cabinet for Economic Development 0:52:11 Office of Financial Management 0:59:20 Remaining 2026 Mtg Dates 1:00:49 Adjournment, 958, all

Summary: The committee first approved the April 27 minutes and then received several informational reports, including University of Kentucky medical equipment purchases, UK’s use of $200 million in Ever funds for a public-private partnership, school district debt issuances, UK’s planned use of construction manager-at-risk delivery on five projects, Kentucky Communications Network Authority capital projects under House Bill 6, and 14 UK lease improvements. Members were told the House Bill 6 item was also being discussed in the Information Technology Oversight Committee and could return later if needed. The main action item was University of Kentucky’s request to approve a $600 million public-private partnership for central plants and utility infrastructure tied to the Chandler expansion. UK said it would shift $200 million from previously authorized restricted funds into the P3, leaving the project financed through private equity and nonprofit debt with no UK or Commonwealth debt. UK representatives said the project is necessary to support 24/7 hospital operations, expand and modernize utility systems, improve redundancy and efficiency, and reduce long-term operating risk. Members asked about the source of the availability payments, which UK said would come from UK Healthcare revenues, and the committee approved the P3 agreement unanimously. The committee also approved a UK lease renewal for a 20,000-square-foot College of Medicine annex near the Bowling Green Medical Center. UK said the lease costs $38 per square foot, or $912,000 annually, and supports medical education expansion in the region, including growth from 120 to 160 students over four years. Members voiced support for the local impact, and the lease passed unanimously. Later, the committee approved a Transportation Cabinet aviation project for two medium box hangars at Capital City Airport, funded by $1,153,000 in federal money and $950,000 from the Aviation Economic Development Fund, which is supported by a 6% jet fuel tax with a $1 million annual cap per company. Members asked about the fund balance, the cap, and airport revenue sources, and staff said the airport also receives entitlement and federal infrastructure funds and earns revenue from hangar rent and fuel sales. The committee then approved two Finance and Administration Cabinet pool projects: a roof and skylight replacement at the Libraries and Archives building and exterior repairs at several state buildings. Finally, the committee approved six Kentucky Infrastructure Authority action items after hearing about one loan increase for the Springfield Wastewater Treatment Plant and five grant reallocations tied to Cleaner Water Program and county allocation pool funds. Members asked why one project approved in 2024 was only now increasing, and KIA explained that design, water division review, environmental review, and bidding can take one to two years. KIA also reported additional no-action items, including a Brandenburg water grant split among two projects and 17 Kentucky Waters projects provided for information. The meeting ended with approval of the action items and no further action on the informational grants.

Transcript Highlights:

• <01:21:30.440> all implementing it is doesn't consume all implementing it is doesn't consume
• tried to do co-pays and emergency for non-emergency care or other things, it just adds to the bad debt
• tried to do co-pays and emergency for non-emergency care or other things, it just adds to the bad debt
• tried to do co-pays and emergency for non-emergency care or other things, it just adds to the bad debt
• tried to do co-pays and emergency for non-emergency care or other things, it just adds to the bad debt

Keywords: 928, house, all

Summary: The House Finance Division Three work session on February 21, 2025 focused on the Division of Medicaid Services budget. The chair opened with procedural guidance, noting the division’s role is to make recommendations to the full Finance Committee, that the budget must be balanced, and that members should track possible amendments ahead of a March 26 target for House Bills 1 and 2. Members also discussed the importance of using official budget documents and online resources, and the chair said no motions would be taken at this session. A major early topic was concern over a five-point Medicaid policy document and the timing of House Bill 2. Representative Tarki objected that the document appeared to be an unofficial draft and argued that significant Medicaid policy changes should have been transmitted by February 15 under state law. He said the lack of an official, posted document raised transparency concerns because the changes could affect tens of thousands of residents. Committee leadership responded that the five-point document was a working document, that it would be posted online within minutes, and that House Bill 2 is often delayed while the Office of Legislative Services finalizes and formats the governor’s proposed trailer bill. DHHS Chief Financial Officer Nathan White and Medicaid Director Henry Litman then began the budget presentation. White said the committee would use the PowerPoint as the document of record, starting with the governor’s operating budget pages 885-893, and noted that Medicaid is the largest accounting area in the state budget. He said the governor’s budget reflects about $60 million in reductions within the Medicaid area, with Granite Advantage handled off-budget and another $10 million in reductions there, for roughly a $70 million difference overall. Members asked whether the comparison was being made against an efficiency budget or a prioritized-needs budget, and White said the department could look at it different ways. The presentation then outlined Medicaid’s role in New Hampshire: it provides health coverage, serves as the state’s direct interface with the federal Centers for Medicare & Medicaid Services, and helps finance related services such as long-term supports, school-based services, adult dental coverage, and re-entry programs for people leaving correctional settings. White also reviewed enrollment and program context, saying New Hampshire has about one in seven residents enrolled in Medicaid, making it the fourth smallest Medicaid program in the country by enrollment, and described recent efforts such as youth re-entry and the Medicaid unwind after the end of the federal continuous coverage period. He said the state had to process more than 238,000 redeterminations after the public health emergency and that the department tried to avoid unnecessary coverage loss during that transition.

Bills: HB1937, HB2153, HB3674, HB2978, HB3885, HB3671, HB3261, HB3021, HB3029, HB4274, HB3701, HB3076, HB2299, HB3852, HB3244, HB3345, HB3114, HB3764, HB4144, HB3304, HB2939, HB4227, HB3262, HB2941, HB3498, HB4343, HB4425, HB3386, HB3087, HB3062, HB3431, HB4141, HB3581, HB4237, HB2960, HB3645, HB3648, HB3974, HB3045, SCR18, HCR1024, SJR39, SJR49, HB4486, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142, HB1823, HB4476, HB3378, HB3880, HB3031, HB3369, HB3429, HB3657, HB4215, HB3624, HB1170

Keywords: HB1937, Oklahoma schools, student communications, electronic communication, digital communication, parent notification, legal guardian, school personnel, teachers, coaches, administrators, charter schools, public schools, administrative leave, corroborated report, investigation, employee file, discipline, termination, school board

Summary: The Senate convened with a quorum, offered the daily prayer, and recognized a series of guests and special introductions, including Langston University Day, Moore Public Schools cheer and pom squads, a student shadow, former Senator Connie Johnson, Brazilian missionaries, and a long-serving mental health employee. The chamber also heard introductions from the day’s pages. The Senate adopted Senate Concurrent Resolution 18, recognizing April 21, 2026, as National Lineman Appreciation Day, and House Concurrent Resolution 1024, designating Route 66 Day at the Capitol and honoring the highway’s centennial. Senators then advanced Senate Joint Resolution 49, which revokes a Wildlife Department rule requiring oil and gas companies to post a surety bond, after discussion clarified the measure was intended to eliminate duplicative regulation; the resolution advanced on a 42-3 vote. The Senate also passed House Bill 4486, authorizing the State Capitol Preservation Commission to arrange a privately funded Gold Star Family Monument near the Capitol Square Arch, and approved several appropriations measures tied to ARPA interest or excess funds. These included Senate Bill 1130 for the University of Oklahoma Hospital Trust Authority’s Child Behavioral Health Project, Senate Bill 1131 for the Office of Juvenile Affairs’ Youth Services Program, Senate Bill 1132 for the Rural Hospital Rebuild Program, Senate Bill 1133 for Griffin Memorial Hospital replacement capacity, Senate Bill 1134 for the Human Performance Project and Pharmaceutical Expansion Project, and Senate Bill 1142 for grants to the Boys & Girls Club and YWCA. Most of these bills were adopted with emergency clauses after roll-call votes, with some members changing votes before final emergency passage. The Senate then announced committee meetings and adjourned until the next scheduled session.

Transcript Highlights:

• The providers will have increased bad debt.
• It'll be replaced essentially with bad debt that our providers will try to absorb.
• Uh that will increase uh their debt.
• Um, I'm a consumer of salt. I'm not on the collection side of it.
• Um I I'm a consumer of of I'm confused.

Keywords: 928, house, all

Summary: The committee heard testimony on House Bill 1596, which would raise New Hampshire’s cigarette excise tax from $1.78 per pack to about $2.80, using an inflation-based adjustment since the rate was last set in 2008. Representative Jerry Stringham, the bill’s sponsor, said the measure would keep New Hampshire competitive with neighboring states, generate revenue, and help offset other budget pressures. He also described the bill as repealing an income-based premium charge in Medicaid/CHIP-related programs and restoring cuts to the University System of New Hampshire, arguing that the combined package would still leave the state in a positive fiscal position. He said the tobacco tax increase would likely have some cessation effect but would remain low relative to other New England states, and he cited prior testimony from health groups supporting a larger increase. Members questioned the sponsor about how the new rate was calculated, the prior tobacco tax reduction and restoration, whether tobacco companies would absorb or pass on the tax, and the fiscal note’s estimates for Medicaid premium revenue and UNH funding. Stringham said he used Bureau of Labor Statistics inflation data, that the earlier 10-cent reduction did not produce the expected sales increase, and that the current bill would eliminate the premium charges now in the budget. He later clarified that the Department of Medicaid Services had updated the revenue estimate, but said the bill still showed a surplus overall. He also said the federal government already imposes a $1-per-pack tax and that New Hampshire would remain below neighboring states even after the increase. Two public witnesses testified in opposition to the tax increase. Anna Bettincourt, a tobacco category manager, argued that higher tobacco taxes would unfairly target smokers, reduce New Hampshire’s tax advantage, and likely shift purchases to other states or illicit markets rather than reduce use. She said tobacco companies generally do not lower prices and that Massachusetts’ flavor restrictions had not eliminated sales. In response to questions, she maintained that a smaller increase would still be harmful and that enforcement problems make bans ineffective. The sponsor and some members countered that smokers impose higher health costs and that tobacco taxes are a policy tool for both revenue and public health. No vote or final committee action was taken in the portion of the meeting provided.

Transcript Highlights:

• debt.
• We see your percent of personal income for the debt outstanding, the debt authorized.
• <01:46:25.840> per<01:46:26.040> capita debt and so their direct debt per capita debt
• is better than that debt.
• is better than that debt.

Keywords: 1187, senate, all

Transcript Highlights:

• authorized total debt capacity up to $50 million.
• authorized total debt capacity up to $50 million.
• authorized total debt capacity up to $50 million.
• authorized total debt capacity up to $50 million.
• authorized total debt capacity up to $50 million.

Keywords: 1183, house

Transcript Highlights:

• We're in a debt. And what are we going to do? How are we going to do that?
• We're in a debt. And what are we going to do? How are we going to do that?
• To waive the debt entirely.
• More spending, more debt, more taxation.
• More spending, more debt, more taxation.

Keywords: 981, all

Transcript Highlights:

• It made me realize that she died knowing that this debt was due, but she had given up any hope that they
• state of California cannot in good conscience let more of our elders and seniors die knowing that this debt
• A debt is owed.
• It's a debt. Do what's right. Prioritize justice in the 2025 budget. Thank you. Thank you.
• ensure that there are quality immigration legal services versus shady notarios that might be acting to consume

Keywords: 988, house, all

Transcript Highlights:

• We have two previous debt issues, two new debt issues, and three SFCC debt issues requiring action, and
• a new debt issue and two previous debt issues that will require no action.
• um, two new debt issues and three SFCC um, two new debt issues and three SFCC debt<00:35:33.200> issues
• issues requiring action and a new debt issues requiring action and a new debt<00:35:35.920> issue
• <00:35:37.680> issues debt issue and two previous debt issues debt issue and two previous

Keywords: 958, all

Summary: The committee first approved the December meeting minutes and received several information items, including quarterly capital project status reports, University of Kentucky medical and equipment purchases, school district bond issue notices, and a University of Kentucky RFP for an enterprise services partner. Members also briefly discussed a University of Kentucky public-private partnership for student housing and dining, with comments that such arrangements may improve efficiency and use of taxpayer dollars during a difficult budget year. The main substantive discussion centered on a new CHFS lease in Harlan County for the Department for Community Based Services. Members questioned the proposed annual cost of $25.62 per square foot, which was far above the county average cited in the meeting, and raised concerns about the one responsive bid, the long lease term through 2033, and whether a nearby hospital or other entity might have been interested. CHFS staff said the current office space is in poor condition, that the new lease includes needed construction and 60 parking spaces, and that the office is limited to considering only actual bidders. After debate over whether to rebid or negotiate, the committee voted to approve the lease, with some members supporting it because of the current facility’s condition and others recording reservations. The committee then approved the remaining 10 lease renewals as a group. These included one renewal for the Commonwealth’s prosecutorial system and renewals for several CHFS offices, the Department of Corrections, the Department of Juvenile Justice, and the Department of Natural Resources. One member noted that seven of the 10 renewals were at or below the county average rate and said the overall package was substantially in line with local market conditions.

Transcript Highlights:

• Um, here in person, and we do have two new debt issues and three SFCC debt issues requiring action, and
• <00:25:18.920> issues debt issues and three SFCC debt issues debt issues and three SFCC debt
• requiring action and two previous debt requiring action and two previous debt issues<00:25:22.360
• debt issues into one roll call vote? debt issues into one roll call vote?
• <00:32:10.080> were The three SFCC debt issues were The three SFCC debt issues were approved

Keywords: The live stream ended prematurely due to a network issue. A full recording will be uploaded as soon as possible, 958, all

Summary: The committee first discussed and approved a new airport-related project involving two 60-by-80 corporate hangars. Members asked about how the project would generate revenue, and staff explained that hangar rent and fuel sales would help repay the costs, with more than half of the funding coming from the FAA. The project was approved by roll call vote. The committee then approved two large capital pool projects: a $1,715,120 roof replacement and skylight project for the Libraries and Archives building in Frankfort, and a $2,105,400 exterior renovation project for several state buildings, including Health and Family Services, the Kentucky History Center, and the State Office Building. After that, the Kentucky Infrastructure Authority presented one loan increase and five grant reallocations. The loan increase was for Springfield’s wastewater treatment plant project, rising by $262,300 to just over $2.88 million because bids came in higher than estimated. Members asked about the delay between approval and bidding, and staff explained the design, environmental review, and state approval process can take one to two years. The committee approved the six action items, and then received informational updates on additional water projects that required no action. The Cabinet for Economic Development next presented one forgivable loan and 11 KPDI/KPDI EDF grant projects. The loan was a $1 million forgivable loan for the Perry County Economic Development Board to acquire the Coalfields Industrial Building, with repayment forgivable if a project creates at least 75 jobs. The grant projects included site-readiness and industrial development work in Pendleton, Elizabethtown/Hardin, McCreary, Floyd, Marion, Fleming, Graves, Eddyville/Lyon, Caldwell, Mercer, and Johnson counties. Members asked how local match percentages are set and were told they are based on county population and updated every two years; staff also explained that beneficiaries usually provide the match and are reimbursed after submitting costs. The committee approved the action items. Finally, the Office of Financial Management presented two new debt issues and three SFCC debt issues. The new debt items were a Kentucky Housing Corporation bond authorization of up to $600 million for single-family mortgage revenue bonds, including a $100 million initial transaction, and a $5.5 million multifamily conduit bond for 98 apartments in Lexington. Informational items covered University of Kentucky refunding bonds and Turnpike Authority refunding bonds, both of which produced savings. The three SFCC debt issues for Campbell, Edmonson, and Perry counties were then approved by roll call vote. The meeting ended with brief discussion of the upcoming calendar and scheduling before adjournment.

Transcript Highlights:

• Our senior debt service is $155 million, so we've got about $70 million of excess at that point.
• So that's, uh, so the subordinate lien debt service right now is about 59.
• Right now, it's 65 million from the loan payments against 59 million of debt service.
• It's coming in from the loan payments into the debt service account.
• got more money than debt service, then you have to call those bonds to pay off bonds.

Transcript Highlights:

• It's for paying their debt for their education.
• They already have the debt. So it pays off the debt, like their student loans.
• So itans pays off the debt So itans pays off the debt >> like<00:11:13.279> their<00:11:
• <00:11:48.399> and have shortages that do have debt and have shortages that do have debt and
• this funding to um pay off their debt this funding to um pay off their debt and<00:12:55.120>

Bills: HB178, HB124, HB96, HB250, SB289, SB317, HB359, HB178, HB124, HB96, HB250, SB289, SB317, HB359

Keywords: HB178, Ten Commandments, public schools, K-12 education, Alabama, school display, religious display, Bible, Judeo-Christian, Establishment Clause, church-state separation, religion in schools, founding documents, Mayflower Compact, Declaration of Independence, U.S. Constitution, Northwest Ordinance, social studies, civics, history curriculum