Video & Transcript Research : 'state borrowing'

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TX

Texas 89th Regular

Senate Session (Part I) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • You've given us life and the favor to live in the great state of Texas.
  • In the state of Texas, golf has a $14.2 billion impact within the state.
  • And I will tell all of y'all that I would not be a state senator. today?
  • We got world-class golf everywhere in the state of Texas.
  • State property can only be sold bill.
Bills: SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
TX

Texas 89th Regular

Senate Session (Part II) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • And so, states are responding.
  • From families across the state.
  • Most states use the American Bar Association. Yes, they do.
  • considering it, but no other state has done. this, is that correct?
  • The Federal Department of Education to decide why is the state, why is the state Senate taking up this
Bills: SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, September 16, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • 12 states.
  • The new state has a larger population than two states, pays more federal taxes per capita than any state
  • The new state has a larger population than two states, pays more federal taxes per capita than any state
  • The new state has a larger population than two states, pays more federal taxes per capita than any state
  • We're borrowing— we're actually borrowing a little over this. We borrow about $6.5 billion a day.
CA
Transcript Highlights:
  • It authorizes tribal ownership; you can't sue a tribe in state court.
  • I wonder if there are ways to help so the utilities aren’t borrowing, and the borrowing cost isn’t so
  • I wonder if there are ways to help the, so the utilities aren't borrowing, the borrowing cost isn't so
  • I'm now a state legislator.
  • Well, state taxes. So you support cutting state taxes? Not really within the scope of the bill.
Summary: The Assembly Committee on Utilities and Energy heard two bills focused on electricity affordability and utility costs. AB 745, by Assembly Member Irwin, would restructure the California Climate Credit by shifting it from lump-sum payments to direct reductions in volumetric electricity rates and moving the credit to the summer months when bills are highest. The author and UC Santa Barbara economist Dr. Kyle Meng argued this could significantly lower summer rates and better help households during extreme heat. Supporters, including UCS, NRDC, and some labor representatives, favored the concept, with some urging that the gas climate credit also be redirected. No opposition testimony was presented, and the bill passed 18-0 to the floor. The committee then considered AB 825, also presented as an affordability package aimed at reducing electric bills by addressing wildfire mitigation costs, transmission financing, permitting delays, and a review of ratepayer-funded programs. The bill would authorize securitization for undergrounding expenses, remove the first $15 billion in undergrounding capital investments from the rate base for return purposes, create a public transmission financing program using Proposition 4 funds and IBank support, revive the California Power Authority as a public sponsor, and establish a task force to review energy efficiency and demand response programs. The author and witness Matt Friedman of The Utility Reform Network said the bill could save ratepayers billions over time through lower-cost public financing and securitization. Testimony on AB 825 was mixed. Support came from several consumer and clean-energy groups, while utilities and labor raised concerns about the bill’s impact on utility financial stability, wildfire fund participation, liability, and whether the $15 billion securitization cap could discourage undergrounding. Some witnesses also objected to the task force’s potential effect on energy efficiency and demand response programs. Committee members discussed the need to balance affordability with utility creditworthiness and wildfire safety, and several asked for more analysis of market impacts and liability issues. Despite those concerns, AB 825 passed the committee 13-0 and was sent to the floor.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Apr 28th, 2025

Banking and Finance

Transcript Highlights:
  • State CRA AB 801 would incentivize state banks, credit unions, mortgage companies, and money transmitters
  • The language states the score shall be considered for branch openings and receiving state funds.
  • How many states?
  • These states include state-chartered banks.
  • Will the state provide some guarantees or backstop loans to those hard-to-serve borrowers?
Keywords: 988, house, all
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 11th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • State law also allows much debt issuance by issuers in New Mexico to be exempt from state income tax.
  • We had a bunch of borrowers that were here.
  • importance to the state.
  • I don't know how other states are doing.
  • But yeah, we have a list of the top 15 borrowers.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, June 3, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • Olski from the great state of Maryland. Olski from the great state of Maryland.
  • . borrowed. borrowed.
  • borrow the money. borrow the money.
  • A state is doing We're borrowing money.
  • <08:16:27.600> has<08:16:27.840> an states, my state already has an states, my state
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, February 11, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • removal programs led by the state removal programs led by the state department<00:07:47.000>
  • by the United States.
  • other debt Borrowed by the United<04:21:17.319> States<04:21:18.319> it's<04:21:18.479>
  • Now cover four hours of borrowing.
  • borrowing.
AL

Alabama 2026 1st Special Session

Alabama Senate Judiciary Committee Jan 21st, 2026

Judiciary

Transcript Highlights:
  • can get their voting rights back and also to require the Pardons and Parole Board and Secretary of State
  • And I would hope that the DAs around the state, given that factual scenario, would not want to prosecute
  • at the top of the list almost in the country for the number of people we have incarcerated in the state
  • the DAs around the state given that factual<00:13:45.519> scenario<00:13:46.160> would
  • incarcerated in the state of Alabama. incarcerated in the state of Alabama.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Mar 3rd, 2025

Banking and Finance

Transcript Highlights:
  • The benefit is evidenced by similar programs in effect in other states such as Mississippi.
  • This is also something that has been noted as successful in other states.
  • Please state your name, organization, and position.
  • room, please state your name, organization, and position. Good afternoon.
  • While we fully support the intent of this measure, to provide relief to borrowers in need.
Keywords: 988, house, all
NH

New Hampshire 2026 Regular Session

Senate Finance (03/24/2026)

Finance

Transcript Highlights:
  • a state guarantee.
  • So, um, when the state borrows money or your town borrows...
  • So, um when the state borrows<00:14:44.160> money<00:14:44.320> or<00:14:44.639> your
  • <00:14:44.800> town<00:14:45.040> borrows >> So, if a state or your town borrows money
  • So, you earn the same as the investor, and then the state or the town has a lower borrowing cost, right
Keywords: 1191, senate, all
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services May 19th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I'm not very, I'm not aware of very many school districts around the state.
  • Borrowing too much money.
  • And the interest both stated as opposed to simply the dollar amount that is being borrowed, right?
  • Correct, for the second largest state in the, in the United States. Correct. Thank you.
  • You can name the state. I, I, I believe it's Seattle.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/24/26

Commerce Finance and Policy

Transcript Highlights:
  • a state of peace here. Mr. Chair. a state of peace here. Mr. Chair.
  • out 75% of borrowers take out 75% of borrowers take out >> 20<01:08:17.120> seconds<
  • These companies lure borrowers by advertising loans as interest-free even though 90% of borrowers pay
  • These companies lure borrowers by advertising loans as interest-free even though 90% of borrowers pay
  • Thank you. steps borrowers have to navigate to steps borrowers have to navigate to avoid<01:23:22.480
CA
Transcript Highlights:
  • For members of the public who wish to comment, please begin by stating your name and organization.
  • This funding is critical for the only state program dedicated to immigrant students and will ensure the
  • In some cases, there are unfunded mandates or borrowing that isn't necessary.
  • Item 68, borrowing structure for the middle class scholarship.
  • Item 68, borrowing structure for the middle class scholarship.
Keywords: 987, senate, all
Summary: The Senate Budget Subcommittee No. 1 on Education held its close-out hearing for the 2026 budget process, with the chair saying the Senate plan fully funds Proposition 98 and continues investments in universal school meals, career education, immigrant and LGBTQ+ student supports, UC/CSU compacts, and community college stability. Public commenters largely supported those priorities, including funding for CalNEW, Dream resource centers, teacher workforce programs, community schools, special education, paid pregnancy leave, and higher education aid, while some urged rejection of proposals they viewed as underfunding Prop 98 or adding non-LEA preschool costs into the guarantee. Others raised concerns about the middle class scholarship cut, CalFresh support for college students, and the need for clearer instructional windows and English learner supports. During member comments, Senator Chao Bogh said many items were supportable but criticized placeholder language, lack of final details, accountability concerns, and some borrowing or mandate structures, including the middle class scholarship, adult learner program, Calbright common cloud platform, paid pregnancy leave, and apprenticeship backfill. The chair responded that the budget reflects major investments in K-12 and higher education, including full Prop 98 funding, elimination of the settle-up amount, middle class scholarship funding, and Dreamers resource centers, and emphasized the importance of supporting students regardless of documentation status. The committee then moved to the vote-only calendar and adopted multiple staff recommendation packages. Part A issues 2-15, 24, 26-42, 44-71, 74-90, and 92-117 were approved unanimously; Part A issue 1 passed with Senator Chao Bogh voting no; and Part A sections 16-23, 25, 43, 72, 73, and 91 were noted as agreed to. In Part B, issues 1-10, 12-24, 25A, 26-27, 29-30, 32-34, 36-44, 48-49, 51-67, and 69 were approved, as were issues 11, 40, and 68, and issues 25B, 28, 31, 35, 45-47, and 50. The hearing then adjourned.
KY
Transcript Highlights:
  • <00:04:40.919> to know Kentucky was the first state to know Kentucky was the first state to
  • keep up with competing with other states keep up with competing with other states on<00:13:55.240
  • benefits that I've seen in the state benefits that I've seen in the state would<00:15:06.920>
  • <00:27:29.919> leaders um so we've got our state leaders um so we've got our state leaders
  • think that's crucial to to our state think that's crucial to to our state represent<00:31:04.840
Keywords: 958, all
Summary: Aaron Thompson, president of the Council on Postsecondary Education, and Travis Pal briefed the committee on Kentucky higher education performance, affordability, workforce alignment, and budget needs. Thompson said the state has made progress toward its 60x30 attainment goal, reporting 56.2% of adults with a credential of value and a 6.4% one-year increase in credentials. He highlighted gains in completion, enrollment recovery after COVID, lower student borrowing and debt, and faster degree completion, saying Kentucky is now back to an average of 4.1 years for four-year degrees. He also emphasized that postsecondary education has a strong return on investment for both students and the state. A major theme was student success and access. Thompson described efforts to reduce barriers through test-optional admissions, the elimination of zero-credit developmental education, expanded wraparound supports, and Bridge programming for students not fully prepared for college. He also promoted Futurity, a student-facing information website, and said CPE wants modest ongoing funding to maintain it. He argued that higher education must work in a P-20 system with K-12, and that the state should better communicate the value of certificates, trade programs, and other credentials, especially for adult learners and men, who he said are underrepresented in college-going. The presentation also focused on performance funding, capital needs, and workforce initiatives. Thompson and Pal said performance funding has pushed institutions toward more need-based aid and lower costs for low-income students, but they want more base funding, more performance funding dollars, and relief from about $38 million in mandated tuition waivers. They also said asset preservation and deferred maintenance remain major needs, estimating roughly $7 billion in campus need overall. On workforce, they cited healthcare pipeline work supported by state funding and private partners, and said HB 200 continues that effort into aviation, aerospace, and defense. No votes or formal committee actions were taken during the presentation, which ended with members indicating interest in further discussion.
HI
Transcript Highlights:
  • <00:22:14.120> across 1.4 billion um for the state across 1.4 billion um for the state across
  • using the State's credit to try to get to borrow the money.
  • using the State's credit to try to get to borrow the money.
  • the money from but we would do borrow the money from but we would do the<00:30:53.360> borrowing<
  • many other states.
Keywords: 910, house, all
Summary: The joint committees heard testimony on HB 982 HD1, a wildfire-related measure aimed at creating a wildfire recovery fund and a financing structure to address future catastrophic wildfire liability. The Department of Commerce and Consumer Affairs, the Division of Consumer Advocacy, and the Public Utilities Commission submitted comments and were available for questions. Supporters included IBW Local 1260, Kauai Island Utility Cooperative, Clearway Energy Group, Hawaiian Electric, Par Hawaii, and others, while Charter Communications and the Hawaii Association for Justice opposed or raised concerns. Life of the Land supported the bill but urged changes to the definition of a catastrophic wildfire and noted concerns about prudency review language. IBW Local 1260 asked to restore language from the original draft, and Charter warned the bill could impair existing contract and indemnity rights unless amended. A major focus of the hearing was Hawaiian Electric’s position on the HD1 version. Hawaiian Electric strongly supported the original bill but objected to the HD1 requirement for an additional $500 million shareholder contribution, arguing it was not feasible and could delay or prevent the fund from operating. The company said the bill would help protect customers and improve credit ratings by creating a dedicated revenue stream and a bankruptcy-remote financing structure, which it said would lower borrowing costs over time. Members questioned how the $1 billion securitization amount was chosen, whether credit rating agencies had indicated it was sufficient, and how the bill would work in bankruptcy; Hawaiian Electric said the amount was a balance among interests, not based on a specific agency directive, and that it would follow up on bankruptcy questions. Opponents and skeptics raised concerns about liability caps, the new claims process, and unclear language on damages above the fund’s limits. The Hawaii Association for Justice argued the bill limits victims’ remedies and gives too much authority to the new entity without clear guardrails. Committee members also pressed Hawaiian Electric on comparisons to California, the feasibility of the shareholder contribution, and whether alternative capital-raising or divestiture options had been considered. No vote or final action was taken in the portion of the hearing provided; testimony and questioning continued with follow-up information requested from Hawaiian Electric and others.
MN

Minnesota 2025 1st Special Session

Committee on Commerce and Consumer Protection - 02/20/25

Commerce and Consumer Protection

Transcript Highlights:
  • grow um and also increase in multi-state grow um and also increase in multi-state litigation<00:
  • loan bills to 2.5 million borrowers, resulting in 800,000 borrowers missing a monthly payment.
  • resulting in 800,000 million borrowers resulting in 800,000 borrowers<00:33:38.000> missing<00
  • the wrong amount of money from borrowers the wrong amount of money from borrowers bank<00:33:54.919
  • State State strategies<00:35:02.079> uh<00:35:02.359> for<00:35:03.000> uh<00:35
Keywords: 1187, senate, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, September 4, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • United States. United States.
  • United States. So, I am hopeful that United States.
  • <03:45:22.800> of the state of Texas that the state of the state of Texas that the state of
  • That's Texas, my state, by the way, my state.
  • . borrowing. borrowing. 365<04:34:02.959> days.
NH

New Hampshire 2025 Regular Session

Senate Capital Budget (04/25/2025)

Capital Budget

Transcript Highlights:
  • That would be 10%, and that 10% would be a very aggressive way of borrowing by the state.
  • That would be 10%, and that 10% would be a very aggressive way of borrowing by the state.
  • That would be 10%, and that 10% would be a very aggressive way of borrowing by the state.
  • That would be 10%, and that 10% would be a very aggressive way of borrowing by the state.
  • That would be 10%, and that 10% would be a very aggressive way of borrowing by the state.
Keywords: 1191, senate, all