Transcript Highlights:

• Item six is the agency's maritime infrastructure program.
• Focusing in on that, you'll see that 89% goes towards development. developing, delivering, and maintaining
• So the development and the sequencing of that is closely aligned with some of the development that we're
• And TxDOT, luckily in 2022, developed a very good ADA.
• Having reliable childcare meant that I could attend professional development. development events and

Keywords: 1184, house, all

Transcript Highlights:

• Stadium and and stadium infrastructure Stadium and and stadium infrastructure effective<00:09:01.839
• And so then section five, development.
• served on the economic development served on the economic development authority<00:48:37.520>
• , and other forms of infrastructure.
• , and other forms of infrastructure.

Keywords: 1187, senate, all

Transcript Highlights:

• Last year, the council introduced the Infrastructure Fund.
• The developer then said they could change based on how much they were willing to pay, and the developers
• Infrastructure development is in process, and again, here, no vacancy.
• Chilili was the first one to actually develop a housing project, and you're continuing to develop it.
• And it's interesting how other places are doing rural development for economic development.

Transcript Highlights:

• <00:52:03.599> You Development. You You got to come up. You Development.
• Development, uh, Authority in support. Development, uh, Authority in support.
• Sustainable Development. Sustainable Development.
• . development. development.
• development program manager, Todd Low. development program manager, Todd Low.

Keywords: 910, house, all

Summary: The committee heard testimony on HB 1790 HD1, which would require law enforcement and oversight agencies to collect and report data on stops, use of force, and complaints to the Hawaii Crime Lab, which would publish incident-level information and annual reports. Supporters, including the Office of the Public Defender, Office of Hawaiian Affairs, the ACLU of Hawaii, Hawaii Justice Rising, and the Policing Project, said the bill would improve transparency, help identify disparities, and support better policy and accountability. OHA requested amendments to ensure Hawaiians are identified as a distinct category in the data, and the University of Hawaii’s Ashley Rubin said the Crime Lab would work with agencies to make implementation as seamless as possible. The Department of Law Enforcement supported the bill’s intent but asked for a longer timeline and culturally appropriate methodology, while HPD opposed the bill as written, saying it would require too many new data points, create a significant administrative burden, and rely on subjective perceptions of race and ethnicity; HPD also noted it is piloting an e-citation system that could help with data collection. Committee members questioned HPD about current manual processes and technology options. The chair reported 18 testimonies total: 15 in support, one in opposition, and two with comments, and no vote was taken in the excerpt. The committee then heard HB 1611 HD1, which would phase down the general excise tax on groceries and nonprescription drugs until a full exemption takes effect in 2034. The Department of Taxation offered technical recommendations, including clearer definitions for groceries and nonprescription drugs and a technical change regarding the county surcharge exemption. Supporters, including the Hawaii Public Health Institute and the Hawaii Food Industry Association, argued the GET on groceries is regressive and worsens food insecurity, especially for low-income households, and said the bill would provide needed relief. The Tax Foundation of Hawaii offered technical concerns, including a possible wholesale-tax enforcement issue once the exemption is fully phased in. The excerpt ends during testimony on HB 1611, with no final committee action shown.

Transcript Highlights:

• At the same time, over 100 acres are being developed every day.
• They belong to the people, not to developers. Let's keep them that way.
• It is not lost on me that there are developers who see opportunity.
• So this is really, again, about that infrastructure, capital investments in the facilities.
• So it's about the infrastructure. It's about the connectivity.

Summary: The committee first took up SB 80, the Parks Preservation Act, which would define state park purposes around conservation-based recreation and public access, prohibit uses such as golf courses, tennis courts, pickleball courts, ball fields, and hotels, require more public notice and advisory input on land management changes, and mandate reporting on park spending and maintenance backlogs. Testimony was overwhelmingly supportive, with conservation groups, youth advocates, and other members of the public backing stronger protections for state parks. The bill was reported favorably. Members then approved SB 200, directing DEP to develop a statewide waste reduction and recycling plan, and CS for SB 496, which clarifies that timeshare facilities are governed by Chapter 721 and only need annual board meetings. CS for CS for SB 1404, dealing with illegal gambling, was amended to add reporting requirements, tighten penalties, preempt local gambling legalization, and create a process for vetting certain machines and veteran-service-organization gaming questions; the bill drew significant concern from veterans groups and others over vague machine definitions and the need for clearer standards, but it was still reported favorably. The committee also passed SB 622 to allow pari-mutuel permit holders to lease facilities across horse-racing classes. The committee next approved CS for CS for SB 712 after adopting a strike-all and amendment that covered synthetic turf rules, change-order timelines, public works scoring, elevator and alarm contractor issues, mass timber code updates, pool and spa contractor scope changes, spaceport building-code exemptions, and solar/energy-storage inspection provisions. Support came from timber, construction, and industry groups, while pool contractors objected to parts of the scope changes. The committee also reported favorably CS for CS for SB 1742, a major condominium reform bill that pauses reserve funding after milestone inspections, expands financial flexibility, adds disclosure and conflict-of-interest rules, and increases data collection and oversight; members from both parties praised the sponsor’s work on condo issues. Finally, the committee approved SB 1574 on renewable natural gas infrastructure and SB 1580 authorizing DEP coastal resiliency public-private partnerships. It also passed CS for SB 1760, which requires certain public officials and agency leaders to meet Florida residency or proximity requirements. The last bill, SB 820, would codify the Office of Faith and Community in the Governor’s office; while supporters said it would permanently support faith-based and community organizations and improve coordination, several senators raised concerns about church-state separation, the office’s ties to Hope Florida, and whether codifying it could make the program more political. Despite those concerns, the bill was reported favorably.

Transcript Highlights:

• what economic development is.
• So, from that perspective, when we talk about economic development, we talk about economic development
• economic development space.
• On behalf of the Economic Development Collaborative, which houses the Small Business Development Center
• We also teach development courses. Next slide, please. We also teach development courses.

Summary: The committee held an information hearing on California’s economy and household affordability, with the first panel focusing on inflation, housing, energy, wages, and the likely effects of new federal tariff policy. PPIC’s Sarah Bone said Californians remain deeply pessimistic about the economy, with inflation the main driver of concern; she noted prices are still about 23% higher than in January 2020, with especially large increases in food, energy, and housing costs. LAO’s Brian Euler emphasized that housing is the largest household expense and pointed to insurance, electricity, gasoline, and health care as other major cost pressures, urging the Legislature to review whether existing policies are actually reducing costs and to consider studies of why recent housing laws have not produced more units. UC Davis economist Catherine Russ warned that tariffs on China, Canada, Mexico, and potentially broader imports could raise consumer prices, disrupt supply chains, and hurt California exporters, farmers, and small businesses; she suggested monitoring prices, strengthening food assistance, and preparing transition support for affected workers and producers. Members pressed the panelists for concrete, near-term policy ideas, especially on housing and tariffs. Questions centered on whether accessory dwelling units are making a meaningful dent in affordability, how to improve implementation of pro-housing laws at the local level, and how to measure the impact of tariffs on consumers, health care, and agriculture. Panelists said ADUs help but are limited, that state laws can be undermined by local implementation and litigation, and that tariff effects may show up quickly in prices and later in hiring and investment. Several members stressed that the tariff issue is not a minor disruption for constituents and asked for more data on consumer impacts, food aid needs, and crop-specific farm losses. The second panel shifted to regional economic development and small business support. Go-Biz’s Derek Kirk described California Jobs First and the state economic blueprint as a first-in-decades, regionally informed strategy to create good-paying jobs, support key sectors, and align workforce and business development across 13 regions. The California Association for Local Economic Development’s Gerbach Sahota argued that local governments need practical tools, stable policy, and stronger partnerships with the state, while warning that prosperity is not always perceived as shared and that rural communities can be left behind. He urged the Legislature to use hearings, local input, and existing funding streams more effectively, including for recovery and infrastructure. David Fitzgerald of the Small Business Development Centers said California’s SBDC network serves hundreds of thousands of clients, many of them women and historically underrepresented entrepreneurs, and has generated billions in economic impact, capital access, revenue, and jobs. He said the biggest gaps are outreach to the state’s many self-employed businesses with no employees, better labor data on those workers, and more flexible support for direct services. Committee members then asked what small businesses need most in the face of inflation and tariff shocks, including lower licensing costs and other relief, and the discussion continued on how to better target state support to businesses and households under pressure.

Transcript Highlights:

• This is the Plutonium Workforce Development Initiative, which focuses on workforce development in New
• Endeavoring to develop science-based standards.
• Is there any kind of plan to develop a piping infrastructure so that we can move water around, transport
• That's related to both infrastructure and water.
• Can I point to the infrastructure action plan?

Transcript Highlights:

• Unlike long-term workforce development Unlike long-term workforce development pipelines<00:03:15.040
• All of this, any kind of infrastructure improvements, have to be done upfront.
• All of this, any kind of infrastructure improvements, have to be done upfront.
• /c><00:13:11.839> improvements any kind of infrastructure improvements any kind of infrastructure
• I've had a lot of conversations, particularly with economic development.

Keywords: Meeting Start: 00:00 Roll Call: 00:38 HB 576 discussion: 01:56 HB 576 voting: 06:54 HB 593 discussion: 08:25 HB 593 voting: 21:58, 958, all

Summary: The House Standing Committee on Economic Development and Workforce Investment met with a quorum and first considered House Bill 576, which would create the Kentucky Talent Recruitment Grant Program. Representative Robert Duvall said the bill is intended to address Kentucky’s workforce shortage by funding local recruitment efforts for out-of-state talent, with grants of up to $500,000 to cities, counties, and nonprofits, a required 20% local match, and performance-based payments. He said the program is modeled on existing efforts already operating in Kentucky and cited projected economic and tax benefits. The committee substitute removed an appropriation and emergency clause so funding would go through the regular budget process, and members approved the committee substitute, the bill, and a title amendment with favorable expression. The committee then took up House Bill 593, sponsored by Representative Josh Bray, which addresses data centers and utility costs. Bray said the bill is designed to protect ratepayers from subsidizing data center infrastructure and to ensure projects either bring their own generation, use power purchase agreements, or pay upfront for any needed transmission or generation upgrades. He explained that the committee substitute made mostly technical changes, including giving municipal utilities more time to set tariffs, clarifying terms, adding exemptions for certain TVA- and DOE-related projects, and preserving existing contracts and net metering arrangements. Members asked about local control, the $75,000 prepayment, and TVA authority; Bray said the prepayment covers utility due diligence and screens speculative projects, local requirements must be certified before incentives apply, and TVA is federally regulated. The bill received supportive comments from several members, who emphasized protecting utility bills and ratepayers, and it passed the committee with favorable expression.

Transcript Highlights:

• We had three development program reviews conducted and 18 development project reports received.
• We had three development program reviews conducted and 18 development project reports received.
• We had three development program reviews conducted and 18 development project reports received.
• We had three development program reviews conducted and 18 development project reports received.
• agriculture development county councils. agriculture development county councils.

Keywords: Meeting Start 00:00 Attendance Roll Call 00:08 Approval of Minutes 00:43 KOAP Report 00:59 KY Office of Drug Control Policy 23:04, 958, all

Summary: The committee met on September 18, 2025, approved the July 10 minutes, and received Brandon Reid’s monthly report on Kentucky agriculture development and finance activity for July and August. Reid emphasized the long-running structure created under House Bill 611 and Senate Bill 28, the role of county agriculture development councils in all 120 counties, and the importance of the program as a national model for supporting Kentucky agriculture. He also introduced new staff and interns, including a new loan programs manager, Rachel Coward, and project manager Kylie Davis. For July, the development board reported $3.4 million invested in agriculture and the finance corporation reported $3.1 million in loans. Highlights included 11 county council meetings, site visits, program reviews, and 18 project reports. July approvals included county agriculture incentive programs, deceased farm animal removal programs, youth incentive programs, county/state projects, infrastructure loans, an agriculture processing loan, and beginning farmer loans. Staff also noted that all 120 counties had submitted their required five-year comprehensive plans on schedule. Bill McCloskey then highlighted several funded projects, including Dino’s Farm LLC in Jefferson County, which received support to purchase a meat processing facility and equipment, with the goal of creating market opportunities for goat, sheep, and cattle producers and establishing Kentucky’s first halal meat processing facility. Other projects included a veterinarian facility project to address large animal vet shortages and Grow Appalachia at Berea College, which provides technical assistance and market support for small-scale and eastern Kentucky producers. Members discussed the need for programs such as high tunnels and other small-scale opportunities in rural areas, and staff noted related resources such as CAPE and NRCS funding. For August, the board reported $500,000 in development board investments and just over $3 million in finance corporation loans, along with fewer staff activities than July but continued county council, site visit, and project review work. August approvals included county agriculture incentive programs, deceased animal removal programs, youth incentive programs, county/state projects, agriculture infrastructure loans, beginning farmer loans, and a horticulture incentives loan. Additional project updates included another veterinary equipment purchase, emergency safety equipment in Graves County, and a food safety and efficiency incentive for Jared Cornet.

Transcript Highlights:

• The funding model is devised and developed through many Revised Code of Washington chapters, Washington
• However, we found that both the system and the infrastructure that it sits on were outdated, unstable
• Our audit found the entire suite of applications relies on an infrastructure foundation, including its
• and causing a couple of systems to halt. ...consuming all the storage available on the infrastructure
• But at the time the system was developed...

Summary: The Joint Legislative Audit and Review Committee subcommittee heard a State Auditor’s Office performance audit on the accuracy and reliability of OSPI’s school apportionment system. Auditors said the system, which calculates and distributes K-12 funding using multiple feeder systems and a core apportionment engine, is outdated, unstable, inefficient, and at high risk of failure. They reported weak controls over data input, documentation, oversight, and staffing, and said OSPI relies heavily on manual workarounds, a few knowledgeable staff, and vendor support. In limited testing of three districts, the auditors found the system calculated funding correctly for the 2023-24 school year, but they identified nine small input discrepancies tied to differences between budget materials and state law, which they said could compound into larger dollar amounts. The auditors recommended replacing or modernizing the system and noted that delays in doing so prolong risk. OSPI largely agreed that the current platform needs replacement and said it has been working toward a new system for years. Agency officials clarified that the Legislature requested a feasibility study in 2022, that the study found the system at risk of catastrophic failure, and that funding for a replacement is now in the state IT pool subject to OCIO/OFM gate reviews. OSPI disputed the audit’s characterization of the rounding and budget-law discrepancies, saying the issue was an agency rule and implementation choice, not an error that caused under- or over-allocation. Officials also said the current system is too old to easily absorb future formula changes, but that the planned replacement should be flexible enough to handle a new funding model if the Legislature adopts one. Committee members asked about the amount and timing of the $16 million project funding, whether smaller districts face greater risk, how many times data is entered, and whether the funding formula should be simplified. Auditors and OSPI both emphasized that formula simplification is a policy question for the Legislature, not the audit. Public testimony came from one online witness, who urged full implementation of the audit recommendations and modernization of the system. The subcommittee took no formal vote and adjourned after the presentations and testimony.

Transcript Highlights:

• infrastructure infrastructure Downstream<00:40:02.960> so<00:40:03.440> the<00:40:03.560
• Revenue to support the infrastructure Revenue to support the infrastructure needs<02:09:14.559><
• through the bipartisan infrastructure through the bipartisan infrastructure law<02:12:14.159>
• <04:27:17.080> have the future of what developers have the future of what developers have
• And it's not an easy task to develop any kind of energy infrastructure in New England.

Keywords: 1189, house, all

Transcript Highlights:

• The working relationships our team developed and continues to develop with the municipalities we serve
• Birmingham founded and built the infrastructure for the Birmingham Waterworks Board.
• And that infrastructure that Birmingham built now infrastructure that Birmingham built now has built
• You had residential... ...could not develop. You had residential areas that were developing.
• They needed economic development. They needed to thrive. And so they came to Birmingham.

Bills: SB330

Keywords: water management, regional boards, municipal governance, ethics compliance, public utility, 923, senate, all

Transcript Highlights:

• As far as water infrastructure, you know, that is a little more honed to... ... to a person; it's based
• As far as accountability on their infrastructure, I know that the commissioners and the senior staff
• The goal there, what we're solving for is, again, we want all that economic development here.
• We want this economic development here, but it needs to be done in a managed way that assures it's not
• Demands that we invest in all of our infrastructure.

Keywords: 1185, senate, all

Transcript Highlights:

• for it to be developed.
• Hattisburg, uh, our area development Hattisburg, uh, our area development partnership<00:03:00.480
• to provide for it to be uh, developable to provide for it to be developed.<00:03:10.319> There
• market value because if this development market value because if this development goes,<00:05:26.720
• <00:10:50.560> needs all their infrastructure needs all their infrastructure needs proactively

Keywords: Universities and Colleges - Room 216, 3 March, 2026; 11:00 AM, 925, all

Summary: The committee first considered a strike-all related to the Mississippi Upskill Grant Program and a K-12 bridge bill tied to CTE and special purpose schools. Members discussed the alignment of workforce and career-technical education from pre-K through higher education. Senator Hopson moved to add a reverse repealer, which was adopted, and the strike-all was then passed as amended and forwarded to appropriations. The committee then took up Senate Bill 1488, which would authorize the University of Southern Mississippi to sell or enter into a long-term lease for university property in Hattiesburg. Senator Johnson explained that the roughly 600-acre tract, gifted in the 1920s and formerly used as a golf course, has a master plan for redevelopment; the bill would streamline the sale process while preserving requirements such as two appraisals and IHL approval. After questions about the acreage and safeguards, the bill was passed as amended and sent to appropriations. Members also approved a strike-all addressing financial literacy requirements for colleges and universities, including added content on mortgages and real estate, and then passed House Bill 1495, a companion to Senate Bill 2238, allowing Mississippi State University and the Oktibbeha County school district to co-mingle funds by mutual agreement for their partnership school/high school project. Finally, House Bill 1582 on community college energy performance contracts was discussed at length; the chair said it needed further vetting by the public property committee, so the committee added a reverse repealer and passed the bill as amended. The meeting ended with a rise and report.

Transcript Highlights:

• The Block Captain program was developed to help the community get questions answered, develop needs assessments
• And we're developing our very first community park in downtown Larkfield.
• We have done some infrastructure improvements in particular.
• We also try to start the conversation before properties are even developed.
• Sonoma has a lot of discussions about more development going in there.

Keywords: 988, house, all

Summary: The hearing focused on lessons from the 2017 Tubbs Fire and how Santa Rosa, Sonoma County, and state partners have changed wildfire prevention, recovery, and rebuilding practices since then. Opening remarks emphasized that catastrophic wildfire is now a statewide issue, that California has shifted more toward prevention and resilience, and that Sonoma County’s recovery has become a model for other communities. Panelists included fire, water, permitting, community recovery, and insurance experts, who described how local experience has informed broader policy discussions. Santa Rosa fire and city officials described major changes in prevention and preparedness, including stronger public education, a vegetation management ordinance, an ignition-free/Zone Zero approach, and more detailed community wildfire protection planning. They said these efforts helped reduce damage in later fires, such as the Glass Fire, and noted ongoing challenges with prescribed burning, smoke management, grant delays, and maintaining vegetation treatments over time. Santa Rosa Water described improvements in regional coordination, backup power, generator redesign, and wildfire contamination response protocols after the city became the first utility to identify wildfire-related contamination in its water system. Community recovery leaders stressed the importance of block captain networks, neighborhood organization, and trusted local information in helping residents rebuild and avoid fraud. They argued for more formal support, training, and funding for block captain programs, as well as better long-term financing for local mitigation work and utility upgrades. Permit Sonoma officials said the county tried to balance speed and safety in rebuilding by streamlining permits, reducing fees, and helping residents rebuild to stronger standards, though they noted the loss of a major BRIC grant has slowed home-hardening outreach. Insurance advocate Amy Bach said wildfire risk reduction is increasingly influencing insurer behavior, with some companies offering discounts or more favorable treatment for Firewise communities and homes meeting wildfire-prepared standards. She urged continued funding for mitigation grants, better disclosure when insurers use aerial imagery to non-renew policies, and caution against removing wildfire coverage from standard homeowners policies. No formal votes or legislative actions were taken in the hearing; it was an informational discussion intended to gather testimony and policy recommendations.

Transcript Highlights:

• What are the new technologies that we could seed, that we could help develop?
• Committee, as well as Economic Development, Growth, and Household Impact.
• Our mission is to provide financial assistance and support infrastructure and economic development.
• to be out in the market developing partnerships.
• to both commercial entities and public infrastructure.

Keywords: 988, house, all

Transcript Highlights:

• We deliver all the rural economic development grants.
• In March of 2024, high path avian influenza developed.
• So our youth development side.
• Look at ways to develop new water through desalinization.
• So $5 billion on redoing the infrastructure is the number if you asked me.

Keywords: 1184, house, all

Transcript Highlights:

• As a former renewable energy developer, I know financial planning is a great challenge.
• We must continue to develop in-state.
• However, as this new era begins, developers face a real risk of over-assessment.
• This targeted incentive will reduce upfront capital costs for infrastructure developers, help projects
• This measure would provide additional support to zero-emission vehicle fueling infrastructure developers

Keywords: 988, house, all

Transcript Highlights:

• Developers would shoulder all market risk.
• Vote Solar has partnered in developing H. 3540 and S. 2303, and I urge your support on these critical
• Environmental justice communities who disproportionately bear the burden of legacy fossil infrastructure
• Together with our IBEW partners and our IBEW workforce, our contractors are building the infrastructure
• They simply developed expertise in using it.

Keywords: 995, all

Summary: The Joint Committee on Telecommunications, Utilities and Energy held a hearing on grid transmission and distribution, green financing, environmental justice, renewable portfolio standards, and clean energy workforce policy. Testimony on H. 352/S. 2268 focused on eliminating or scaling back the Alternative Energy Portfolio Standard, with Green Energy Consumers Alliance arguing it costs ratepayers about $30 million annually and largely subsidizes fossil-fuel combined heat and power, biodiesel blending, and woody biomass. Committee members raised concerns that a full repeal could affect heat pumps and solar thermal projects that currently receive APS credits, and the witness acknowledged those technologies are the strongest part of the program but said Mass Save would be a better home for them. Renew Northeast supported H. 3497 on renewable portfolio standard review and clean energy procurements, but urged an indexed renewable energy credit model like New York’s rather than an attribute-only arrangement, arguing it would reduce financing risk and consumer costs. Vote Solar and Senator Liz Miranda testified in support of H. 3540/S. 2303 on clean energy equity, saying environmental justice communities and renters receive too few benefits from clean energy spending and need stronger tracking, tenant protections, and measurable benefit allocation. Miranda described long-standing environmental harms in Roxbury and called for data and accountability to ensure benefits reach environmental justice communities. A major portion of the hearing was devoted to H. 3475/S. 2276 on just transition and clean energy workforce standards. Labor representatives from the pile drivers, building trades, electrical contractors, SEIU, United Steelworkers, the AFL-CIO, and Climate Jobs Massachusetts Action backed the bill, emphasizing prevailing wage, project labor agreements, apprenticeship requirements, workforce transition plans, and protections for gas workers and other fossil-fuel employees as the state shifts to clean energy. They argued the bill would create family-sustaining jobs, support training, and prevent workers from being left behind during the transition. The hearing concluded after all sign-ups were heard, and the committee voted to close the hearing.

Transcript Highlights:

• infrastructure upgrades and purchases. infrastructure upgrades and purchases.
• <00:02:51.440> and to really drive economic development and to really drive economic development
• <00:04:48.000> a arena assist us with developing a arena assist us with developing a 30-year
• And we own the infrastructure, and we want to get out of the infrastructure business because it's a huge
• <00:32:20.320> replacement park utility infrastructure replacement park utility infrastructure

Keywords: 0:00:02 Call to Order and Roll Call 0:00:30 Approval of Minutes 0:00:49 Information Items 0:01:54 Louisville Arena Authority 0:24:50 Project Rpt from Postsecondary Institutions - MSU 0:26:35 Project Rpt from Finance and Admin. Cabinet 0:37:52 Lease Rpt from Finance and Admin. Cabinet 0:40:13 Rpt from OFM – KIA 0:56:00 Rpt from OFM – EDF Grants 0:58:45 Rpt from OFM – OFM 1:01:46 Adjournment, 958, all

Summary: The committee first handled routine business, including a roll call, approval of the prior meeting minutes, and a set of informational reports. Those reports covered University of Louisville research equipment purchases, a Kent County school district debt issue for elementary school renovations, the University of Kentucky’s planned use of construction management risk for a new engineering building, APA certification reports for underwriter and bond counsel selection committees, and a KCNA status report on infrastructure upgrades and purchases. The main presentation was an informational update from the Louisville Arena Authority. Board representatives said the arena was created to drive economic development and reported about $1.4 billion in economic impact from 2010 to 2013. They explained the authority’s financial structure, including arena operating revenues, TIF revenues, debt service, and a long-term capital plan for major repairs and replacements. Members questioned the low net revenue figures, the long timeline before TIF revenues are projected to exceed debt service, the size of capital expenditure spikes, and the University of Louisville revenue-sharing arrangement. The authority said the $2.42 million annual UL payment is fixed under a 2017 refinancing agreement, while other amounts vary with ticket sales and related revenues. They also said the COVID-era state and Metro funds, combined with authority cash, were used to prepay debt and reduce interest, lowering the debt service schedule. The committee then considered and approved a new capital project for a new HVAC system for the student wellness center pool area. The project, presented by university staff, was approved by the board and required committee action. The committee took a roll call vote, and the project passed unanimously. Finally, Janice Thomas of the state budget office presented two tourism, arts, and heritage cabinet grid resilience projects at Kincaid Lake State Resort Park and Kentucky Down Village State Resort Park. Each project costs $7,834,600 and is funded mostly by a federal grid resilience grant, with the remainder from state utility infrastructure replacement funds and energy policy funds. Staff explained that the projects will move park electrical service ownership and maintenance to regional utilities, allowing the state to exit the infrastructure-management role while continuing to pay utility bills through normal metering. The committee approved the action item by voice vote.