Video & Transcript Research : 'locks'
Page 138 of 172
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/12/2025)
Transcript Highlights:
- Also, by changing it from the $363 million, which is this locked kind of arbitrary rate, to a rate, would
- /c><04:18:41.399>
which <04:18:41.520>is <04:18:41.640>this <04:18:41.840>locked - <04:18:42.319>
kind $363 million which is this locked kind $363 million which is this locked
Summary:
The committee opened a public hearing on HB 402, a bill dealing with whether Education Freedom Account (EFA) payments should be described in state law as not constituting taxable income. The bill sponsor argued that the current statute is misleading because New Hampshire should not imply a federal tax result, and said the bill would remove that language and could also be amended to clarify that families should consult tax advisors. He emphasized that the measure was not intended to impose a state tax on EFAs, but to avoid giving inaccurate advice about possible federal tax liability.
Testimony was divided. A retired representative and a tax preparer both opposed the bill, saying EFA payments are already treated consistently with IRS rules and that the bill would create confusion, administrative burden, and possible tax consequences for low- and moderate-income families. They argued the bill is a solution in search of a problem and warned that requiring 1099s could add costs for the scholarship organization and recipients. A tax attorney supported the bill’s repeal of the state language, saying New Hampshire should not put tax advice into statute and that the current wording is inaccurate because federal law, not state law, controls taxability. He cited IRS Section 117 and Publication 970, explaining that only some scholarship-like payments are tax-free and that many EFA-eligible expenses may not qualify for federal exemption.
Members asked questions about what would be misleading, whether the bill was trying to tax EFAs, and the cost of issuing 1099s. The sponsor and witnesses repeatedly said the bill was not a state tax on voucher payments, but a clarification about federal tax treatment. No vote or final committee action was taken in the portion provided.
HI
Hawaii 2025 Regular Session
JHA Public Hearing - Tue Feb 11, 2025 @ 2:00 PM HST
Judiciary & Hawaiian Affairs
Transcript Highlights:
- also a really efficient use of government funding when you look at the local housing that you are locking
- housing<01:42:33.280>
that <01:42:33.440>you <01:42:33.599>are <01:42:33.880>locking - c><01:42:34.320>
up <01:42:34.599>for <01:42:35.040>the housing that you are locking - up for the housing that you are locking up for the cost<01:42:35.840>
that <01:42:36.000>it
Summary:
The committee heard three House bills related to the Department of Hawaiian Homelands. HB 606 would extend the Act 279 special fund to June 30, 2028, continue deposits and appropriations to help eliminate the DHHL waitlist, and require a strategic plan and annual reporting. DHHL strongly supported the measure, saying most of the initial $600 million had been used and that the need remains large, with more than 29,000 people on the waitlist. Public testimony also supported the bill, emphasizing its importance to Native Hawaiian families and concerns about Hawaiians leaving the islands because of housing costs. A member noted the bill is a priority and that the committee will keep working on how to fund another $600 million.
HB 1086 would exempt DHHL homestead lot and housing development from general excise and use taxes. DHHL supported the bill, saying any tax savings would reduce the eventual cost of housing for low-income beneficiaries. The Department of Taxation said it could administer the measure and noted it is already being implemented under the governor’s emergency proclamation, with a proposed effective date of January 1, 2026. The Tax Foundation of Hawaii offered technical comments and urged the committee to weigh existing benefits already received by DHHL beneficiaries.
HB 1307 would appropriate funds for DHHL water well development and geothermal exploration on Hawaiian homelands. DHHL said the bill is a follow-up to prior study funding and would support slim-hole drilling, site evaluation, and consultant work to identify viable geothermal resources, especially on Hawaiʻi Island. Several testifiers opposed the bill, arguing there had been inadequate beneficiary consultation, raising environmental, cultural, and safety concerns, and objecting to using $20 million for geothermal rather than housing. In response to committee questions, DHHL staff explained that the goal is to gather information for a future public-private partnership to develop geothermal electricity, and that a Chapter 343 environmental review would be required later in the process. No votes were taken during the portion of the meeting provided.
HI
Transcript Highlights:
- Every time we visit there, there's no classes being held, things are locked up.
- 57.040>
are there's no classes being held things are there's no classes being held things are locked - 00:51:59.200>
it <00:51:59.359>you <00:51:59.480>know <00:51:59.920>if locked - up and so it's it you know if locked up and so it's it you know if we're<00:52:00.200>
going <
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, February 6, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Just last month, Democrats pushed policies to lock away 670 million acres of land and water from energy
- Just last month, Democrats pushed policies to lock away 670 million acres of land and water from energy
- Just last month, Democrats pushed policies to lock away 670 million acres of land and water from energy
- just last month Democrats push policies just last month Democrats push policies to<07:16:39.360>
lock - <07:16:39.638>
away to lock away to lock away 670<07:16:42.200>million <07:16:42.638
HI
Hawaii 2025 Regular Session
FIN Info Briefing - Thu Jan 16, 2025 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- do things like adding, uh, on-site panic buttons, uh, putting in additional security measures like locks
- , electronic locks, as well as for certain of our sites actually hiring security guards to assist.
- do that for all the number of sites that we have, we would need additional resources. measures like locks
- electronic locks as measures like locks electronic locks as well<05:25:44.120>
as <05:25:44.320
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Hawaii 2026 Regular Session
House Chamber - Tue Apr 28, 2026, 12:00PM HST - Day 53
Hawaii House Floor Meeting
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
HB1752, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2876, SB2175, SB2852, SB847, SB3001
Keywords:
education, funding, school districts, state budget, performance metrics, salvage vehicles, vehicle title transfer, electronic signatures, insurance, administrative efficiency, bribery, corruption, statute of limitations, public servant, criminal justice, deafness, traffic safety, law enforcement, vehicle registration, communication
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
HI
Bills:
SB2876, SB3253, SB2125, SB2781, HB549, HB1768, SB2053, SB2494, SB2851, SB3073, HB1678, HB1721, HB2475, HB2246, HB1667, HB1516, SB2532, SB3131, SB3154, HB2297, HB1737, SB2143, SB2398, SB2623, HB1740, HB1920, HB1682, SB2153, SB3140, HB1515, SB2835, HB2282, SB3083, SB2031, SB2519, SB2667, SB2140, SB2544, SB2069, SB2697, SB874, SB2043, SB888, SB2721, HB2152, HB1334, HB2385, HB1643, HB2314, HB1688, HB1692, SB2568, SB2983, SB2108, SB3136, HB1959, SB3156, HB1511, HB1753, HB1824, HB2137, HB1810, HB2279, HB2309, HB1548, HB2078, HB2293, SB3262, SB2169, SB2607, SB2964, SB3255, HB2576, HB1481, HB1864, HB1550, SB2818, SB3067, SB2061, HB1728, HB1881, HB2361, HB2395, HB1823, SB2050, SB2397, SB2175, SB2852, SB847, SB3001
Keywords:
natural hair braiding, hair braiding, braids, braider, braiding license, cosmetology, barbering, barber board, Board of Barbering and Cosmetology, registration, licensure exemption, sanitation training, health and safety, hair extensions, cornrows, twists, locks, protective hairstyles, beauty industry, occupational licensing
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026 at 01:00 pm
Transcript Highlights:
- We're able to lock in higher rates than that on the long end of the curve while keeping it liquid.
Summary:
The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies.
Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash.
Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment.
The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.