Video & Transcript : 'aggregate bond limitation' :
Page 142 of 500
MN
Transcript Highlights:
- </c> voters along with associated bonding voters along with associated bonding costs<00:48:26.000><c>
- </c><00:48:57.280><c> and</c> because like now I see like bonds and because like now I see like bonds
- </c> service related um, to those PFA bonds service related um, to those PFA bonds that<01:03:52.640>
- </c> find out why our limitations are here. find out why our limitations are here.
- </c> been needed, but we all know how bond been needed, but we all know how bond councils<01:33:13.600
Committee:
Senate Taxes
HI
Hawaii 2026 Regular Session
HOU-EIG, HOU DEFER, HOU DEFER, HOU Public Hearings 02-05-2026
Transcript Highlights:
- We have a 1-minute per testifier time limit.
- So, um, when does the bond authorization limit of $3 billion get maxed out?
- And and these bonds are these bonds.
- </c> defunded by 25% by bonds. defunded by 25% by bonds.
- </c> its credit limit or anything like that. its credit limit or anything like that.
Summary:
The committees heard testimony on five housing-related measures. SB 2232 would create a three-year tiny home grant pilot program within HHFDC, with annual reporting to HHFDC and the Legislature; testimony was mixed, and the bill was later recommended for passage with amendments, including a full-time housing development specialist, a residential-use-only restriction for the tiny homes, and a blanked appropriation. SB 2192 would bar county down-zoning that reduces housing capacity unless equivalent capacity is added elsewhere in the county; it drew support from housing advocates and comments from planning officials, and was also recommended for passage with amendments. SB 2378 would clarify insurance requirements for single- and multifamily projects seeking expedited county permitting; engineers and housing groups supported it, while one testifier opposed it, and it was recommended for passage with a technical amendment. SB 2524 would appropriate funds to the City and County of Honolulu for housing-related departments to comply with prior acts; the Honolulu department supported it, and members asked about prior spending and funding sources. SB 2398 would require residential housing utility availability maps; the Honolulu Board of Water Supply opposed the bill as written, citing infrastructure security, accuracy, liability, and administrative burden concerns, while supporters said it would improve transparency for developers. The chair proposed amendments to make the maps broad and geographic rather than parcel-specific, remove contested-case and reliance provisions, allow disclaimer language, and change the date; the bill was then recommended for passage with amendments, with one member noting reservations. All five measures were ultimately passed out of committee with amendments, with votes recorded and some members excused.
NM
New Mexico 2025 Regular Session
Other - PSCOC Aug 27th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Assigning bond money to particular projects is a difficult thing for them.
- But we've had a series of failed bond issues.
- We’re proud of our maximum bonding capacity right now.
- General Fund; we are completely out of our bond sales, so the supplemental Sandford's tax bonds.
- I am just going to limit myself to a couple of questions.
ID
MN
Minnesota 2025-2026 Regular Session
Plastic bottle excise tax proposed 3/10/26
Minnesota House Floor Meeting
Transcript Highlights:
- Let me reiterate, this is not a in place of a bonding bill, this would supplant a bonding bill.
- And as I'll discuss, the bonding<00:02:03.360><c> bill,</c> bonding bill, bonding bill, um,<00:02:04.880
- </c> only two bonding bills. only two bonding bills.
- </c> through bonding alone. through bonding alone.
- </c> bonding bill. bonding bill.
NM
Transcript Highlights:
- I mean, you’re going to bond to how much? How much are you going to get in bond? $5.73 million?
- And we’re going to bond this with 30-year bonds. Markita, is that correct? Yes.
- And we’re going to bond this with 30-year bonds? Marquita, is that correct? Yes.
- And we're going to bond this with 30-year bonds? Marquita, is that correct? Yes.
- I want to run a bond scenario.
Committee:
Senate Senate Finance
Keywords:
telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion, rural internet, broadband infrastructure, eligible telecommunications carrier, ETC, tribal consent
MO
Missouri 2026 Regular Session
Special Committee on Intergovernmental Affairs Mar 4th, 2026
Special Committee on Intergovernmental Affairs
Transcript Highlights:
- First, it updates limited driving privileges in a common-sense way.
- Speeding over a certain speed limit, that's not a minor.
- And then we're going to have somebody bring up $200 to bond her out.
- And then we're going to have somebody bring up $200 to bond her out.
- It's a job that is available to people with limited English.
Summary:
The committee first heard Senate Bill 1087 from Senator Joe Nicola, which would update limited driving privileges and create a process to suspend licenses after repeated failures to appear or pay for minor moving traffic violations. Nicola said the bill was intended to improve public safety and municipal court compliance without restoring the pre-2015 system of fines and fees. Supporters, including officials from Independence, O’Fallon, and the Missouri Municipal League, argued that municipal court reform had sharply reduced citations and increased failure-to-appear rates, leaving courts with too little leverage to ensure compliance and creating safety problems for repeat offenders. They said the bill would preserve discretion, protect work and basic travel needs, and help law enforcement and courts address chronic noncompliance. Opponents, including the State Public Advocate, argued the bill would restore a cash-cow system, burden low-income residents, and create harsh consequences for missed notices or address problems. The hearing closed without a vote on SB 1087.
The committee then moved into executive session and reconsidered House Bill 2288, ultimately voting to reconsider and then voting the bill due pass by a 10-5 margin. The committee also adopted a substitute and passed House Bill 3006 due pass by 13-1, passed House Bill 2289 due pass by 10-3 with one present, and passed House Bill 2906 due pass by 13-1 after adopting an amendment and rolling it into a substitute. Members discussed procedural issues about quorum and the reconsideration motion during the HB 2288 vote.
Later, the committee heard House Bill 3491 from Representative Don Mayhew, which would codify English-language proficiency requirements for commercial driver’s license holders and impose penalties on drivers and motor carriers when those requirements are violated. Mayhew and a Lincoln County prosecutor described a recent Highway 61 incident involving a Minnesota CDL holder who could not communicate in English, could not identify his location, and was taken out of service after a Highway Patrol proficiency test. Supporters said the bill would mirror federal rules in state statute, improve safety, and hold both drivers and carriers accountable. Some members questioned whether the bill was redundant with federal law, whether it would be enforceable before an accident, and whether the language was too broad, especially the phrase about conversing with the general public. The prosecutor said the current tools are mostly reactive and that the bill would help remove dangerous drivers and penalize carriers, but no final action was taken on HB 3491 in the portion provided.
VT
Transcript Highlights:
- Or if they're issuing a bond for a building construction project, they would, under current law, have
- to go out and get that bond approved and then pay the debt.
- Conditions assessment for possible bond votes for deferred maintenance or otherwise.
- So, if there's a district that wants to go out for a bond vote now, they can go out for a bond vote now
- There's a limited service position. This was also part of bill H. 955 that we just voted on.
TX
Transcript Highlights:
- a person subject to Lake and Riley is arrested for a felony in Texas, they wouldn't be released on bond
- Public testimony will be limited to 2 minutes on each bill and subject to the discretion of the chair
- Pretrial detention in Texas is not carefully limited.
- Upon overturning my conviction, I returned to jail for a bond hearing in Galveston.
- an imposed million dollars bond.
Committee:
Senate Criminal Justice
Keywords:
bail reform, defendants, pretrial detention, public safety, criminal justice, charitable bail organizations, criminal procedure, public safety report, victim notification, family violence, bail bonds, public funds, political subdivision, injunction, taxpayer rights, violent crimes, sexual offenses, community safety, constitutional amendment, trafficking
NM
Transcript Highlights:
- And when she talked about the time frame on the geo bonds, so a geo bond is presented in the odd years
- So the GEO bond projects, from the time they're first proposed, is about a five-year time period.
- Institution Bond Act, property tax levies, federal or tribal support.
- As I read it, it doesn't limit Division II schools from applying for the funds.
- As I read it, it doesn't limit Division II schools from applying for the funds.
Committee:
Senate Senate Education
Keywords:
foster children, school transportation, education funding, public education, child welfare, New Mexico Highlands University, soccer field, women's sports, infrastructure improvement, funding allocation, student athletes, appropriation, New Mexico State University, nutrition, travel support, funding, education, university support, financial assistance, parenting students
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee Mar 11th, 2026
Housing and Community Development
Transcript Highlights:
- Many of these programs have been identified in the Affordable Housing Bond Act, families.
- Is there sort of, is it covered more by your bonding capacity and that kind of thing?
- The last 10 years, I've worked on implementing an affordable housing bond.
- We had a local $950 million housing bond.
- Several speakers today have highlighted the limited funding.
Committee:
House Housing and Community Development
FL
Transcript Highlights:
- There's no limitation, so it's everybody. So it gives the expectation.
- or for bond obligations that they may have.
- Now, I will say... ...or bond obligations that they may have.
- But are there any limitations, or do you anticipate limitations on the ability of counties and cities
- We do know that it's going to have an impact on our bonds.
Committee:
Senate Appropriations
Summary:
The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.
VT
Vermont 2025-2026 Regular Session
House Caucus of the Whole - 2026-05-29 - 11:15AM
Vermont House Floor Meeting
Transcript Highlights:
- Coverage for local bonding, and the debt service on that local bonding, is covered by supplemental funds
- It limits the increases in the property taxes in fiscal year 2027 to 3 and 1/2% from the original to
- But if they've done this and other schools have bonded for millions, two, three, four, five million to
- And they're paying through it through their budget, paying back their bond.
- The way it's currently constructed is any bonds that have been taken out by voters prior to July 1st,
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Mar 18th, 2026
Transcript Highlights:
- The most immediate challenge is limited insurer participation.
- Despite these efforts, the clearinghouse has produced limited results.
- So it's limited information.
- , making slowing decisions and limiting scalability.
- This result has limited and episodic policy.
Summary:
The Assembly Insurance Committee held its first outcomes review oversight hearing on the residential fair plan clearinghouse program created by AB 3012. Chair and members focused on whether the program is actually helping depopulate the California Fair Plan and move policyholders back to the voluntary market. The Fair Plan and Department of Insurance testified that the program exists as a platform for admitted and, in some cases, non-admitted insurers to review Fair Plan policies and make offers through the broker of record, but they acknowledged limited participation and limited results. CDI said it has received no formal complaints specific to the clearinghouse, but identified obstacles including only 11 participating residential insurers, the broker-of-record requirement, compensation and appointment issues, and the lack of direct consumer contact. CDI said about 730 residential risks have moved to voluntary market coverage through the program from June 2021 through April 30, 2025, and opt-outs are under 1%.
Committee members pressed witnesses on the program’s opacity, the lack of data on offers made versus policies actually moved, and whether the clearinghouse is functioning as intended. CDI and the Fair Plan said they do not have data on how many offers have been made, only on cancellations that are self-reported and marked as clearinghouse-related. Members also raised regional growth in Fair Plan enrollment, especially on the Central Coast, and concerns about underinsurance when policyholders move back to the regular market. CDI recommended more mandatory reporting, broader broker education, possible direct offers to policyholders after a period of time, and changes to commission and appointment rules to reduce barriers to insurer participation.
The second panel of industry witnesses generally agreed the clearinghouse is not a stand-alone solution and said its effectiveness depends on a healthier admitted market and actuarially sound Fair Plan rates. Independent agents and brokers, admitted-market insurers, and surplus lines representatives said the current system is constrained by low rate adequacy, limited insurer appetite for high-risk properties, operational friction, and misaligned incentives. Several witnesses suggested improvements such as better data sharing, clearer depopulation procedures, stronger broker education, and more flexible appointment or compensation rules. Some supported giving the program more time under the Sustainable Insurance Strategy, while others said the Legislature should consider whether to strengthen, modify, or potentially sunset the program if it continues to produce limited results. A public witness later reported that a new carrier had recently joined the clearinghouse and was working with brokers to bring in additional capacity.
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 11, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- So, what this bill does is just state that the bonding pool, the money in the bonding pool that's invested
- </c><00:03:13.519><c> pool</c> pool, the money in the bonding pool pool, the money in the bonding pool
- </c> the distant future a self-bonding the distant future a self-bonding uh<00:03:26.000><c> pool</c>
- , not just the BLM bonding, so state bonding and Oil and Gas Commission bonding as well.
- Bonding, not just the BLM bonding, so state bonding and Oil and Gas Commission bonding as well.
ID
Idaho 2026 Regular Session
Agenda Mar 25th, 2026
Transcript Highlights:
- , the bonds...
- And the bonds are issued, 30 years, maximum on the bond. Would have its own CID.
- And the bonds are issued for 30 years maximum on the bonds.
- And so it's simply a function of getting the bonds retired.
- But the bonds still have got 25 years to run.
Summary:
The committee heard House Bill 897, which revises Idaho’s data center sales tax exemption. The sponsor said the bill adds new eligibility criteria tied to electricity service agreements that fully recapture costs and to efficient water use, narrows the exemption so it applies only to internal server equipment rather than construction materials, limits the exemption to 20 years instead of indefinitely, and requires annual Tax Commission reporting on foregone revenue. He also noted the bill’s property tax provisions may need more work because they could affect existing entities not involved in drafting, and he asked that the bill be sent to the 14th order for possible amendment. The committee agreed and adopted that motion.
The committee then heard House Bill 926, which expands the community infrastructure district tool so counties can create CIDs outside a city’s comprehensive plan. The sponsor said the goal is to ensure infrastructure is built before growth and that new development pays its own costs rather than shifting them to existing property owners. A representative from Tamarack Resort testified in support, explaining that the change would allow a large development outside city planning areas to finance roads, utilities, and other off-site improvements through district bonds and special assessments. After questions about how CID financing works and how obligations are allocated over time, the committee voted to send the bill to the floor with a due pass recommendation.
Finally, the committee heard House Bill 934, a technical cleanup bill for last year’s education tax credit law. The sponsor explained that the changes clarify student age eligibility, define tutoring as academic instruction, allow curriculum from multiple vendors, prevent families from combining the advance payment with a prior-year look-back credit, and clarify that students participating only in non-credit extracurricular activities such as sports are not considered enrolled for purposes of the credit. Members asked about impacts on public schools and extracurricular fees, and the sponsor said sports fees are not reimbursable under the credit and that the bill is intended to avoid double payment. The committee then voted to send the bill to the floor with a due pass recommendation. Afterward, the committee approved several sets of minutes and thanked its page, Grace Louder, for her service.
NH
New Hampshire 2025 Regular Session
House Education Funding (09/09/2025)
Transcript Highlights:
- </c><00:19:50.559><c> revenues</c> we have limited revenues we have limited revenues the<00:19:53.039
- On the bond tail.
- </c> >> bond tail the bond not not project tail.
- >> bond tail the bond not not project tail. >> Yeah.<01:20:03.760><c> Yeah.
- you speaking about taken out the bond you speaking about that<01:22:36.159><c> bond</c><01:22:36.719
Summary:
The subcommittee opened its first meeting on retained education funding bills, focusing on HB 366, which concerns school building aid for eligible projects, and HB 295, which would make school building aid program funds non-lapsing. The chair framed the discussion broadly around whether school building aid should remain a state program, how to address limited revenues, and whether the current system should continue to prioritize debt service and the existing formula or move toward a different model such as per-pupil allocations, a dedicated fund, or a split between new construction and renovation. He also raised questions about whether leasing should be included and how to manage any new fund under current law and the school building authority structure. Representatives and department staff discussed the current backlog of applications, the age and condition of school facilities, and the possibility that large projects can consume available funding for a year while other districts go unsupported. Tim Carney of the Bureau of School Facilities introduced himself and provided technical context on the program and current debt levels.
Representative Luneau argued that under the ConVal decision, the state’s responsibility includes school buildings, construction, and renovation, and that the program also serves an equity function by helping districts with less property wealth. He noted that construction and renovation have long been recognized categories and asked about leasing, which staff said is already supported in statute for charter schools and possibly CTE, with a cap of 30% of annual lease cost or $50,000. The discussion also covered CTE facilities: staff explained that capital funding for CTE centers is state-funded, that federal Carl Perkins funds cannot be used for construction, and that the current rotational capital model means only a few centers are funded each year, which may not match changing program needs. A committee studying CTE capital needs was referenced, along with concerns that the report from that work had not yet been received.
Representative Papich urged the subcommittee to focus on policy, principles, and structure rather than just numbers, saying the current system produces a few winners and many districts that never receive aid. He favored a simpler, more equitable per-capita or formula-based approach, while acknowledging the need for a transition plan for projects already in the pipeline. The chair later cautioned against mixing maintenance and operations with construction and renovation, noting that operation and maintenance are already part of the adequacy formula and should not be confused with capital funding. No votes were taken during the meeting; the discussion was exploratory, with members and staff laying out competing approaches and identifying issues for further work.
AL
Alabama 2026 Regular Session
Alabama Senate Transportation and Energy Committee Mar 11th, 2026
Transportation and Energy
Transcript Highlights:
- </c> abandoned or whatever, we have bonds abandoned or whatever, we have bonds protecting<00:19:40.320
- There's another down in city limits.
- ourselves as a state and particularly I don't want my district to be limited.
- ourselves as a state and particularly I don't want my district to be limited.
- ourselves as a state and particularly I don't want my district to be limited.
Committee:
Senate Transportation and Energy
Keywords:
SB341, Alabama, veteran license plate, veteran tag, distinctive license tag, specialty plate, radiation exposure, atomic bomb testing, ionizing radiation, World War II veterans, Vietnam veterans, Korean War veterans, Cold War veterans, Desert Storm, Desert Shield, Operation Iraqi Freedom, Operation Enduring Freedom, Operation Inherent Resolve, Department of Veterans Affairs, probate judge
WA
Washington 2025-2026 Regular Session
House Consumer Protection & Business Jan 30th, 2026
Transcript Highlights:
- I'm limited to the activities I could do.
- It models it more closely on the existing bonded and non-bonded spirits warehouse license, whereas the
- and non-bonded, with physical separation between the spaces.
- Beer that's in bond and tax-paid beer not in bond would have to be stored in separate areas.
- However, that limit should be adjusted as inflation and salaries and prices go up.
Summary:
The Consumer Protection and Business Committee held a public hearing on House Bill 2291, the Kratom Consumer Protection Act, and then moved into executive session on several bills. Staff explained that HB 2291 would license kratom retailers and processors, set age 21 purchase limits, require labeling, child-resistant packaging, independent testing, an LCB-approved product directory, and an 11% excise tax, while banning certain synthetic or adulterated kratom products and restricting online/mail sales and public consumption. The prime sponsor said the bill was intended to regulate natural kratom while banning the synthetic or chemically altered forms, and several witnesses supported stronger youth protections and product standards. Others opposed the bill’s licensing fee, statewide preemption of local bans, or the regulatory approach, while some testified that natural kratom helps with pain or recovery. The hearing on HB 2291 was then closed without action.
In executive session, the committee took action on multiple bills. HB 2439, dealing with cigarette, vapor product, and tobacco product policy, was amended and reported out with a do pass recommendation; the adopted amendments limited Consumer Protection Act enforcement to the Attorney General, adjusted coupon language, and restored state preemption over local retail regulation. HB 1078 on pet insurance, HB 1701 on shared liquor-license premises, HB 2207 on bonded beer warehousing, and HB 2501 on real estate oil-tank disclosure were all reported out with do pass recommendations, with HB 1701’s substitute removing a Public Records Act exemption and HB 2207’s substitute aligning beer warehousing more closely with spirits warehouse rules. HB 2361, which raises the maximum small loan amount, was amended to make inflation adjustments biennial and to change publication requirements, then passed out of committee.
The committee also approved HB 1932, which would authorize cannabis consumption events in regulated environments. The substitute bill would create a cannabis consumption event organizer license, allow limited adult-use events subject to local approval, and establish permit and budtender training requirements; members discussed the bill as a way to provide lawful consumption spaces while others objected to expanding cannabis access. In the final votes, HB 2439 passed 12-3, HB 1078 passed unanimously, HB 1701 passed 14-1, HB 2207 passed 14-1, HB 2501 passed unanimously, HB 2361 passed 13-2, and HB 1932 passed 11-4, all with do pass recommendations.
MD
Transcript Highlights:
- The clerk will read the bond initiatives in the committee assignment. >> Introductory House Bond Initiative
- The clerk will read the next bill. >> House 229, Maryland Transportation Authority Revenue Bond Limit
- </c><00:08:59.680><c> If</c> >> House Bill 229, Maryland Transportation Authority Revenue Bond Limit
- </c><00:09:33.680><c> limit</c><00:09:34.240><c> increase.
- </c> Authority revenue bond limit increase. Authority revenue bond limit increase.