Video & Transcript : 'lender cap' :
Page 12 of 391
TX
Bills:
HB535 , HB2120 , HB2822 , HB3243 , HB3457 , HB3544 , HB4089 , HB4192 , HB4669 , HB4868 , HB4955 , HB5253 , HB5669 , SB1371 , SB1919 , SB2001
Committee:
House Transportation
Keywords:
motor vehicle, pedestrian, bicycle, traffic safety, municipality, criminal offense, pedestrian safety, traffic regulations, municipal law, bicycle regulations, motor vehicle passing, traffic law, municipalities, bicycle operation, traffic laws, municipal regulations, port commission, Corpus Christi, Nueces County, San Patricio County
TX
Transcript Highlights:
- And then we're also looking at a school voucher plan, possibly, in the House, which all those is capped
- question I ask is, you know, when I think of compression, I'm thinking about where basically putting a cap
- Cap local spending growth to a maximum of population growth plus inflation, free school property taxes
- Which, some of those are obviously exempt from the 3.5% revenue cap, which is helpful.
- And so it's not capped at $100,000, so if you have a million-dollar home, it's going to be 20% of a million
Committee:
House Ways & Means
Keywords:
HB 8, school finance, compressed tax rate, maximum compressed tax rate, MCR, PYMCR, property tax, school district taxes, Education Code, Tax Code, state aid, school funding formula, local school taxes, Texas school finance, tax rate compression, public education funding, ad valorem tax, tangible personal property, income-producing property, business personal property
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 3rd, 2026
Transcript Highlights:
- They just had to be within the income cap.
- Also, in the context of caps now on borrowing, total amounts borrowing for parents with their student
- Just at a high level, some of these changes include the annual and lifetime caps on Parent PLUS loans
- Just at a high level, some of these changes include the annual and lifetime caps on parent plus loans
- And that's the patient of the new loan caps?
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 3rd, 2026
Transcript Highlights:
- They just had to be within the income cap.
- Also, in the context of caps now on borrowing, total amounts borrowed for parents with their student
- Just at a high level, some of these changes include the annual and lifetime caps on parent plus loans
- students and trying to eliminate the co-signer rules, and so we're working with our lenders to try to
- Yeah, we've been working with the private student loan market, which is lenders and their kind of own
Summary:
The subcommittee on Education Finance heard an overview of the governor’s budget proposals and higher education financial aid trends, with a major focus on the Middle Class Scholarship (MCS), Cal Grant spending, and the effects of recent federal student aid changes. The Department of Finance said the budget would fully fund Cal Grant at projected levels and reduce MCS coverage from 35% to 17.5% of unmet need in 2026-27, while the Legislative Analyst’s Office supported considering the reduction as a cost-saving measure given out-year deficits. UC and CSU representatives opposed the cut, saying MCS is important to affordability and debt-free degree goals; they estimated average awards would fall substantially and that campuses do not have funds to backfill the loss. The Student Aid Commission said the proposal would reduce aid but simplify administration, and members questioned how lower awards would affect students, borrowing, and work-study options. No vote was taken, and the issue was held open for possible future action.
The committee then discussed federal changes to student loans and Pell Grant policy under H.R. 1, including caps on Parent PLUS loans, elimination of Grad PLUS loans, and new proration rules for federal direct loans based on enrollment intensity. The LAO said these changes would likely push some borrowers into the private market, especially graduate and professional students and some parents of students at private institutions. CSU said the changes would affect thousands of graduate and part-time students and could reduce access by about $97 million in loan availability for part-time borrowers, while UC said the new definitions of professional degrees were too restrictive and would reduce access for nursing, teaching, law, dentistry, and other programs. Community colleges said they use relatively little federal loan aid but are monitoring Workforce Pell. Members raised concerns about workforce impacts, social mobility, and whether the state should consider alternative loan programs or other ways to reduce student costs. This issue was also held open.
In the segment financial aid update, the LAO reported Cal Grant spending is projected to rise to about $3.2 billion in 2026-27, driven by more recipients and higher awards tied to UC and CSU tuition increases, while CSAC said FAFSA and CADAA applications are up significantly year over year. CSU, community colleges, and UC described their aid packaging and rising aid totals, with CSU reporting over $5.5 billion in aid to 381,000 students, community colleges reporting over $4.3 billion to more than 920,000 students, and UC reporting $3.17 billion in grant aid to undergraduates. Members asked about Cal Grant reform, application trends, and long-term outcomes; UC and community colleges pointed to alumni and wage dashboards, and the LAO noted the state’s Cradle to Career data effort. The committee then took public comment, including testimony on library funding and other education-related priorities, and concluded by holding the issues open without formal action.
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight Jul 21st, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- In addition, the 4% tax credits require a private activity volume cap to be issued.
- Is this like the down payment assistance where you have relationships with lenders, or are you working
- Are lenders, correct? Madam Chair and Representative Cates, lenders are some of our partners.
- We have realtors, lenders, for-profits, non-profits, developers, local governments, tribal governments
- And how many lenders are involved? Is it just two? Is it just you?
WA
Transcript Highlights:
- Chair and committee members, I'm Jessica Jensen, Senior Attorney with Cap City Law in Olympia.
- Chair and Commissioner Members, I'm Jessica Jensen, Senior Attorney with Cap City Law in Olympia.
- It makes it impossible for me to be able to certify to lenders that we are complying with all applicable
- . ...that because they're not putting their own money in, they have lenders and funders that could be
- And in that situation, those lenders and funders want to ensure that there is ongoing oversight.
Committee:
Senate Housing
CA
California 2025-2026 Regular Session
Assembly Higher Education Committee Nov 17th, 2025
Transcript Highlights:
- It also sets new student loan limits, capping Parent PLUS loans at $20,000 per year, and ending Grad
- But the major lenders do not anticipate having new loan models ready for at least another month or two
- be required to pay some percentage to the lenders in a risk-share model.
- So overhead costs are real, and now they're being capped at 20%.
- Second, the elimination and capping of student loans negatively impacts all workforce fields and, in
Summary:
The Assembly Higher Education Committee held an oversight hearing on how federal actions are affecting California higher education, with opening remarks from the chair and members emphasizing the importance of state-federal shared governance and the need to protect access, affordability, and campus diversity. The first panel included leaders from the CSU, University of the Pacific, California Community Colleges, and UC, who described broad impacts from federal grant terminations, changes to student aid, loan limits, visa and immigration policy, and proposed reductions to research support. Testimony focused on the elimination of Grad PLUS loans, caps on Parent PLUS and Pell-related changes, the loss or suspension of hundreds of grants, and the resulting harm to student support services, research, workforce pipelines, food assistance, and health care training. UC and CSU representatives warned of major losses in research funding, indirect cost reimbursement, and student opportunities, while community college leaders highlighted uncertainty around federal grants and the need to maintain services for low-income, first-generation, undocumented, and other vulnerable students.
Committee members asked how the state could respond, including through intersegmental partnerships, dual enrollment, transfer pathways, and support for basic needs and nutrition programs. Witnesses said California could help by sustaining financial aid, protecting minority-serving institution programs, and investing in research, housing, and workforce development. Several speakers stressed that federal changes were creating instability for students and campuses, and that the effects would likely be long-lasting, especially in health care, teaching, STEM, and social work pipelines.
A second panel then focused on equitable access. The California Student Aid Commission described state efforts such as the $3.9 billion investment in aid programs, the Cal Grant system, the Dream Act, and possible reforms to better serve adult learners, foster youth, undocumented students, and students with dependents. The Los Angeles Community College District reported that federal cuts and policy shifts are discouraging students from applying for aid, threatening TRIO and MSI/HSI-funded services, and reducing support for basic needs, counseling, and workforce programs. The Association of Independent California Colleges and Universities and the CSU Academic Senate echoed concerns about FAFSA confusion, international student restrictions, grant losses, and the erosion of equity-focused programs. No formal votes or legislative actions were taken during the hearing; the committee primarily received testimony and discussed possible state responses.
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee Jun 10th, 2026
Transcript Highlights:
- Specifically, the bill creates the Community Anti-Displacement and Preservation Program, or CAP, within
- CAP was envisioned and designed to build on these best practices from the local level and bring this
- is a partnership between the state and nonprofit lenders to quickly distribute program funds at the
- CAP is a partnership between the state and nonprofit lenders to quickly distribute program funds at the
- So CAP will change that, and we urge your aye vote today on SB 1091. Thank you. Thank you.
Summary:
The Assembly Housing and Community Development Committee heard several housing-related bills. SB 457 would direct HCD to develop statistical formulas based on historical development data to help cities complete housing element site inventories, with the author and supporters arguing it would make RHNA compliance more realistic and less costly; the California Building Industry Association opposed, and the bill was later approved on a 7-1 vote. SB 904 would codify and expand wildfire-rebuilding coordination and reporting practices used after recent fires, with supporters saying it would speed recovery and opponents questioning the need for additional reporting; it passed 11-1. The committee also took up SB 1091, which would create a state acquisition-and-preservation program for unsubsidized affordable housing to prevent displacement; it drew broad support from housing and tenant groups and passed 9-1, with members emphasizing preservation as a key housing strategy.
Members also considered SB 1267, which would require EV charger installers in common-interest developments to indemnify associations during installation and make homeowners responsible for costs arising from use of privately owned chargers. The bill was presented as a follow-up to prior HOA-related EV charging legislation, with support from HOA, EV, and climate groups and opposition from the California Association of Realtors pending amendments; it passed 10-0. SB 1117 would clarify that ADU impact fees above the 750-square-foot exemption are charged only on the portion above that threshold, not the entire unit, and supporters said it would remove a fee cliff that discourages slightly larger ADUs. Cities, special districts, and fire agencies opposed or opposed unless amended, citing infrastructure funding concerns, but the bill passed 10-0 after extensive debate.
The committee also heard SB 1361, which would prevent local governments from taking actions to avoid SB 79 transit-oriented housing requirements at existing or planned transit stops. Supporters from L.A. Metro, labor, and housing groups said it would protect transit investments and jobs, while the City of Burbank opposed; the bill passed 9-0. Two consent items, SB 722 and SB 1426, were approved without discussion. Throughout the hearing, members repeatedly stressed the goals of streamlining housing production, preserving existing affordable homes, and reducing barriers to rebuilding and transit-oriented development.
WA
Transcript Highlights:
- Milliliter tax, and it modifies the 95% other tobacco products tax by increasing the cap on cigars to
- It also revises an existing provision related to the cap on vapor products tax collections in the Andy
- It defines high-volume mortgage lenders as a person that pays the B&O surcharge and that has an annual
- So what this legislation does is it takes certain high-volume mortgage lenders out of the equation, does
- the limited equity co-ops go ahead and sell to folks who are in a certain income range, and then they cap
Bills:
HB2713 , HB2730 , HB2297 , HB2487 , HB2382 , HB2089 , HB2431 , HB2451 , HB2590 , HB2325 , HB2278 , HB2224 , HB2322
Committee:
House Finance
Keywords:
private detention facilities, business tax, occupation tax, financial impact, state revenue, aerospace, tax preferences, effectiveness, economic impact, grocery stores, underserved communities, food access, incentives, economic development, insurance tax, state regulation, insurers, taxation, budget impact, excise tax
HI
Transcript Highlights:
- </c><00:55:12.119><c> on</c> doctor thank you and is there a cap on doctor thank you and is there a cap
- We do support raising the cap to 50 million.
- However, I feel that lowering the cap to 38 million, or, I'm sorry, lowering the cap to 38%, sends the
- sends</c> I'm sorry lowering the cap to 38% sends I'm sorry lowering the cap to 38% sends the<01:37:
- So the percentage cap went down less than 30%, but then the overall cap went up.
Committee:
House Housing
Summary:
The House Committee on Housing held a public hearing and moved quickly through a long agenda, beginning with HB 606 on the Department of Hawaiian Homelands. DHHL and several community testifiers strongly supported the bill, describing it as a way to fulfill long-standing promises to Native Hawaiians, reduce the DHHL waitlist, keep families in Hawaii, and support housing production and the broader economy. Testifiers emphasized the cultural and economic importance of stable housing and noted the large number of people still waiting for DHHL homes.
The committee then heard HB 1086, also relating to DHHL, which would allow the department to use a $75 million appropriation from the dwelling unit revolving fund as collateral for loans. DHHL, HHFDC, and other supporters said the measure would help DHHL obtain better loan terms and preserve trust funds for other uses. Members asked detailed questions about how the collateral would work, whether other agencies use similar structures, and what would happen if the collateral were drawn upon; staff explained that the funds would be encumbered for the loan and that a similar model had been used for a HUD-backed project.
The committee also heard HB 739, which would create the COM homes program to fund counties to buy voluntary deed restrictions from eligible homeowners or buyers. Supporters said the program could help keep local workers in Hawaii by using existing housing stock and cited examples from places like Aspen and Vail. The Attorney General’s office recommended amendments to remove duration requirements to avoid right-to-travel concerns, and the Tax Foundation suggested clarifying the conveyance tax exemption so it also covers the instrument imposing the restriction. Members asked whether tax dollars would be used to buy homes, who would be eligible, and how enforcement would work; supporters said the program is voluntary and income-blind, with restrictions tied to living and working in the state. No votes were taken during the hearing.
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 31st, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- what's called, as the bill entitles it, earned wage access, being that we don't want to call them lenders
- We're setting it into law, we're allowing them to charge a fee, we're not even putting a cap on the fee
- It just simply says that at the end of the transaction, the lender, the person who's doing the...
- And it's not even, there's no cap on it. I think that's questionable, but we're going with that.
- And you probably capped it to make it easy.
Keywords:
gift card fraud, counterfeit gift card, gift card tampering, gift card theft, prepaid card, stored value card, retail fraud, financial crimes, consumer protection, organized retail crime, gift card skimming, magnetic stripe, chip card, redemption information, gift card packaging, Penal Code, felony theft, state jail felony, third-degree felony, second-degree felony
KY
Transcript Highlights:
- What you from the lenders perspective.
- </c> great time to be in the cow cap great time to be in the cow cap business,<00:46:38.400><c> but</
- </c> back and get your input from a lender back and get your input from a lender standpoint<01:02:37.200
- I could have said lenders and undertakers, but I guess I just left it in lenders for you today.
- </c><01:12:58.640><c> and</c> I could have said lenders and I could have said lenders and undertakers
Committee:
Joint Agriculture
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 22nd, 2026
Joint Committee on Financial Services
Transcript Highlights:
- Over the course of their time, they have a cap too.
- Connecticut had installed a cap that said we're looking at the square footage of how much concrete, and
- But they do have a cap, and as Senator said, because of so many homes in Connecticut, that cap keeps
- As no lender would accept our home in its current condition as adequate collateral.
- Connecticut, the cap is $205,000, I believe, now. Yeah. And we just have nothing at the moment.
Committee:
Joint Joint Committee on Financial Services
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 6th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Bills:
HB4440 , HJR1067 , HJR1087 , HB4426 , HB3704 , HB4311 , HB3044 , HB4191 , HB3465 , HB3972 , HB3759 , HB3625 , HB1411 , HB2980 , HB3015 , HB3147 , HB3277 , HB3323 , HB3443 , HB3882 , HB3406 , HB2975 , HB3977 , HB3263 , HB2988 , HB3404 , HB1770
Keywords:
Medicaid, low-income adults, healthcare, eligibility restrictions, constitutional amendment, Medicaid expansion, SoonerCare, health coverage, federal matching funds, FMAP, Article XXV-A, state question, special election, Title 63, public assistance, healthcare funding, federal-state match, Medicaid eligibility, Oklahoma Constitution, ad valorem
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 32 Mar 31st, 2026 at 09:30 am
Oklahoma House Floor Meeting
Bills:
HR1041 , SB137 , SB1255 , SB1226 , SB1238 , SB1258 , SB1325 , SB1460 , SB1543 , SB1730 , SB1921 , SB1733 , SB1216 , SB1256 , SB1061 , SB1534 , SB1873 , SB1653 , SB540 , SB1948
Keywords:
Oklahoma, House Resolution, HR1041, Nuclear Lifecycle Innovation Campus, Department of Energy, DOE, advanced nuclear, nuclear energy, small modular reactors, SMRs, microreactors, energy innovation, advanced energy, energy security, economic development, job creation, workforce training, research and development, nuclear supply chain, clean energy
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 31 Mar 30th, 2026 at 01:30 pm
Oklahoma House Floor Meeting
Bills:
HR1041 , SB137 , SB1255 , SB1226 , SB1238 , SB1258 , SB1325 , SB1460 , SB1543 , SB1730 , SB1921 , SB1733 , SB1216 , SB1256 , SB1061 , SB1534 , SB1873 , SB1653 , SB540 , SB1948
Keywords:
Oklahoma, House Resolution, HR1041, Nuclear Lifecycle Innovation Campus, Department of Energy, DOE, advanced nuclear, nuclear energy, small modular reactors, SMRs, microreactors, energy innovation, advanced energy, energy security, economic development, job creation, workforce training, research and development, nuclear supply chain, clean energy
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Jul 14th, 2025
Transcript Highlights:
- : 1% of the vehicle price, capped at a maximum of $350.
- It is a capped fee. It is not a mandatory fee. You are correct. It is a capped fee.
- Whereas if you go up, you ultimately hit that cap and anything beyond that stays at that cap.
- Whereas if you go up, you ultimately hit that cap and anything beyond that stays at that cap.
- and the type of lender.
Summary:
The committee first took up SB 712, which would expand California’s smog-check exemption for classic vehicles by adding model years 1976 through 1986 in phases, with a sunset in 2032. The author and supporters, including lowrider advocates and the Specialty Equipment Market Association, argued the bill would preserve car culture, support a small class of rarely driven collector vehicles, and reduce burdens on owners who struggle to find equipment for older smog tests. Opponents, including air district officials, the American Lung Association, and other environmental groups, warned the bill would weaken an important emissions-control program and increase pollution. After discussion, the committee adopted the motion to do pass as amended to Appropriations on a roll call vote of 10-0, with the roll held open for additional votes.
The committee then heard SB 800, which requires Caltrans, working with local governments, to assess mitigation measures for suicide prevention on locally owned overpasses crossing state highways. The bill was presented as a response to recent tragedies in Rancho Cucamonga and was supported by local officials, health organizations, and suicide-prevention advocates, who said the measure would help identify high-risk locations and lead to life-saving interventions. There was no registered opposition. The committee members expressed support, and SB 800 was passed to Appropriations on a unanimous roll call vote, with the roll held open.
Next, the committee considered SB 30, which would prohibit California public entities from selling, donating, or transferring decommissioned diesel locomotives and railroad equipment with Tier 1 or older engines unless the engine is removed, while allowing Tier 2 and newer transfers under certain conditions. The author and supporters framed the bill as a climate and public-health measure to prevent older, dirtier locomotives from continuing to pollute elsewhere, while transit agencies opposed it, arguing it could limit useful transfers of equipment that still supports passenger service and could be better handled through case-by-case air-quality review. After debate, the committee voted 6-4 to pass SB 30 as amended to Appropriations, with the roll held open for later additions. The committee also heard SB 791, which replaces the flat dealer document processing charge cap with a 1% fee capped at $350, along with new disclosure requirements. Dealers and industry groups supported the bill as a way to recover costs and improve transparency, while consumer advocates opposed it as an unjustified increase that would burden buyers. The committee approved SB 791 on a 8-? roll call vote and held the roll open. The meeting then moved on to SB 34, a port-air-quality bill presented by Senator Richardson, but the transcript ends during testimony and debate on that measure.
MO
Missouri 2026 Regular Session
Commerce Feb 18th, 2026
Commerce, Consumer Protection, Energy and the Environment
Transcript Highlights:
- It carefully caps and is fiscally responsible, equipped with multiple safeguards.
- The annual statewide cap is $6 million in the first two years.
- Per investor, that is $75,000, with a $300,000 total cap.
- , the benefits to new companies coming in, allows eligible employers to capture a cap share of state
- Developers, lenders, insurers, employers, and residents invest when they believe a market's trajectory
Summary:
The Commerce Committee met in executive session and unanimously voted do pass on House Bill 1707, House Bill 2927, and House Committee Substitute for House Bill 2057. The committee then moved into public hearing on House Bill 1664, which would extend the civil statute of limitations for child sexual abuse claims from age 26 to age 41. Representative Brian Sites presented the bill as a needed step for survivors, and multiple witnesses and organizations testified in support, including survivors and advocacy, tort reform, chamber, and insurance groups. No opposition was heard, and the hearing concluded without a vote.
The committee also heard House Bill 1845, a startup and angel investor tax credit proposal sponsored by Representative Gallick. The bill would create incentives for Missouri-based startups under $5 million in revenue, with higher credits for rural investment, annual caps, oversight by the Missouri Technology Corporation, and a sunset in 2033. Members questioned what taxes the credit would apply to, how it would work if Missouri changes its income tax structure, and what safeguards would prevent businesses from leaving after receiving credits. Business and economic development groups testified in support, saying the bill would help fill an early-stage capital gap and keep investment in Missouri.
Finally, the committee heard House Bill 3231, a broad economic development and “Missouri Innovation Zone” proposal sponsored by Representative Brad Christ. The bill would let cities opt in to create innovation zones with local permitting and governance changes, tax incentives, office-to-residential conversion tools, and reinvestment of net new revenues into public safety, infrastructure, and a rural development fund. Members and witnesses discussed local control, prevailing wage, revenue diversion, and implementation concerns, especially from the City of St. Louis and labor groups, while chambers, developers, municipal groups, and historic revitalization advocates generally supported the concept. The hearing ended with no opposition testimony and no committee vote on the bill.
TX
Transcript Highlights:
- And is there a cap or minimum? Is there? It's going to be in the Justice Court dollar jurisdiction.
- Payday lenders, I mean, those types of debts? I personally don't see payday lenders.
- I know that there are payday lenders out there.
- There are some receivers, and we were talking about payday lenders earlier.
- There is a payday lender at Speedy Cash.
Bills:
HB2242 , HB2446 , HB2799 , HB4502 , HB2920 , HB2790 , HB5620 , HB5060 , HB5076 , HB5080 , HB5081 , HB5128 , HB5130 , HB3847 , HB5116 , HB2969 , HB4546 , HB4202 , HB5624 , HB3964 , HB4803 , HB872 , HB4775 , HB4777 , HB4961 , HB5570 , HB2988 , HB4260 , HB1375 , HB5009 , HB5411 , HB5134 , HB4388 , HB3095 , HB1387
Committee:
House Judiciary & Civil Jurisprudence
Keywords:
constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Aug 12th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- I would note that they were great for the borrowers, but not so great for the lenders.
- So it was a revenue cap that we were looking at for determining size. Small businesses.
- So then, what about a cap on specific gross receipts? Like $5 million? $10 million?
- I mean, that is like the age-old argument, is it not, from lenders?
- They are looking at criteria that meets the lender.