Video & Transcript Research : 'Digital Assets'
Page 143 of 352
CA
California 2025-2026 Regular Session
Assembly Governmental Organization Committee Jul 9th, 2025
Transcript Highlights:
- Media Workers Guild, Latino Journalists of California, Orange County Press Club, Radio Television Digital
- Media Workers Guild, Latino Journalists of California, Orange County Press Club, Radio Television Digital
Summary:
The Committee on Governmental Organization heard several bills related to outdoor advertising, open meetings, and San Francisco economic development. SB 364 by Senator Strickland would speed up processing of outdoor advertising permits by allowing Caltrans to act on applications as freeway projects are completed in segments, and clarifies customary maintenance of signs. Supporters said the bill would reduce permit backlogs and help local governments and the billboard industry; there was no opposition. The committee passed SB 364 to Appropriations, with the roll left open for additional votes.
SB 470 by Senator Laird would extend until January 1, 2030 the sunset on the alternative Bagley-Keene open meeting rules adopted in SB 544, allowing state boards and commissions to continue using remote participation under specified conditions. Supporters from the Little Hoover Commission and the State Council on Developmental Disabilities said the current law has increased public participation, saved money, and improved access for people with disabilities and caregivers. Opponents, including ACA of California Action, the California News Publishers Association, and media and transparency groups, argued the bill weakens in-person public access and accountability. The committee approved SB 470 to Appropriations, with some no votes and the roll held open.
SB 395 by Senator Wiener would let San Francisco create a hospitality zone in Union Square/Yerba Buena with up to 20 additional non-transferable liquor licenses for restaurants to support downtown recovery. City and business representatives said the measure would help fill vacancies, attract restaurants, and boost foot traffic, while remaining temporary and geographically limited. The bill passed to Appropriations with broad support and no opposition. SB 783 by Senator Rubio would extend until January 1, 2029 the special outdoor advertising rules for signs in former redevelopment areas; supporters said it would give affected communities time to find a permanent solution, while billboard industry opponents warned about compliance and federal highway funding risks. The committee passed SB 783 to Appropriations as amended, and then adjourned at 2:45 p.m.
TX
Transcript Highlights:
- HB 149 installs a new sheriff in this digital town who is both tough and fair, and I'd be happy to address
- HB149, and installs a new sheriff in this digital town, who is both tough and fair, and I'd be happy
Bills:
HB12, HB149, SB229, SB1361, SB1749, SB1897, SB2113, SB2566, SB2677, SB1652, SB2327, SB2344, SB2696
Keywords:
artificial intelligence, regulation, biometric data, ethical AI, consumer protection, AI governance, automobile sales, finance, retail seller, motor vehicle purchase, motor vehicle sales, pricing restrictions, third-party financing, education, funding, student assessment, accountability, standards, motor vehicle, financing
Summary:
The Senate Committee on Business and Commerce heard testimony on HB 149, the Artificial Intelligence Governance Act. Senator Schwertner described the bill as an outcomes-based AI framework that would require disclosure when people interact with AI, prohibit manipulative or social-scoring systems, address biometric capture, discrimination, and deepfake child exploitation, and give the Attorney General enforcement authority. It would also create an AI Sandbox and AI Council. Witnesses from the Texas Public Policy Foundation, a Houston attorney, TechNet, and the Texas Association of Business strongly supported the bill, praising its stakeholder process and pro-innovation approach, while Texas Appleseed suggested regulators should have more examination authority over sandbox participants. The bill was left pending.
The committee then heard SB 229, which would prohibit motor vehicle dealers from conditioning a sale on dealer-offered financing or charging more because a buyer uses outside financing or cash. Senator West said the bill is meant to stop forced financing and bait-and-switch pricing, and he noted the bill passed the committee and Senate in the prior session. The Texas Automobile Dealers Association opposed the bill, arguing it would force dealers to accept any third-party lender or cash transaction on terms they cannot control. The Texas Credit Union Association supported the bill, saying consumers should be able to choose outside financing without hidden fees or pressure. After questions about cash purchases and dealer practices, the bill was left pending.
The committee also took up SB 2566, which would clarify legislators’ access to information from executive agencies, including confidential information, by setting response deadlines, limiting confidentiality agreements to statutory terms, requiring a standard AG form, and creating a complaint and penalty process for noncompliance. No witnesses testified, and the bill was left pending. Finally, SB 1749, as substituted, would let certain court-related employees and judicial conduct commission personnel keep personal information such as home addresses and phone numbers confidential, with work addresses used in place of home addresses for certain purposes. District clerk and judicial conduct commission witnesses described threats and harassment as the reason for the bill, and a court administration witness answered questions about how the address protections would work with voter registration and precinct records. That bill was also left pending, and the committee recessed without further business.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Mar 26th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- authorizes electronic voting and allows POA and COA meetings to bring association governance into the digital
- think some of our younger colleagues may not. which are outdated and impractical resources in today's digital
Keywords:
HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, restrictive covenants, real estate, subdivision regulations, multi-zoned subdivisions
HI
Hawaii 2025 Regular Session
JDC, JDC DEFER Public Hearings 02-19-2025
Transcript Highlights:
- full text of their rules available on the website of the Office of the Lieutenant Governor in a digitally
- office of Lieutenant General in a of the office of Lieutenant General in a dig<00:01:50.200>
digitally
Summary:
The Judiciary Committee held a decision-making-only agenda and voted on a series of bills, mostly following the chair’s recommendations. Measures passed unamended included SB 1202 on allowing campaign funds for child care and dependent care costs, SB 30 requiring all moped drivers to wear helmets, SB 55 requiring state administrative rules to be posted in a digitally accessible and searchable format, SB 106 on pedestrian conduct more than 200 feet from a crosswalk, SB 344 requiring helmets for skateboard users under 16, SB 849 increasing penalties for harming native species, SB 1337 clarifying Stadium Authority quorum rules, and SB 268 reducing the size of island burial councils and removing certain membership requirements. SB 1511, which prohibits vessels longer than 75 feet from entering Honay Bay, was also adopted, though the transcript includes some inconsistent wording about whether it was amended.
Several bills were approved with amendments. SB 1048 on solicitation of funds from the public was amended to remove a ministerial exception and to require certain charitable organizations and fundraising platforms to file written contracts with the Department before commencing solicitations. SB 109 was amended so that, in specified circumstances, the ʻŌlelo Hawaiʻi version of a law would be binding when the law was originally drafted in English, translated into Hawaiian, and later amended. SB 66 on county building permits was amended to add a bad date, April 23, 2057. SB 1312, deferred to the 10 o’clock agenda, clarified that “profits from prostitution” includes money or property received from prostitution proceeds even if characterized as reimbursement or debt repayment; it was also passed with amendments.
The committee also adopted a recommendation to pass SB 55 and other measures with the noted excused absences of Senator Gabbard and, at times, other members. Throughout the meeting, no major opposition was recorded beyond one member voting no or with reservations on some bills, and the chair repeatedly announced that the recommendations had been adopted. The meeting concluded after the 10 o’clock agenda, with notice that the committee would meet upstairs for later agendas with WHAM.
MN
Transcript Highlights:
- It uses the state's transportation asset management plan as a guardrail.
- adds that kind of fiscal guardrail, and uses the state's already federally required transportation asset
- , or CHIP, which already exists, to a separate subdivision and also remove potential redundancy in asset
- <00:09:35.920>
management the transportation asset management the transportation asset management - <00:10:29.920>
planning potential redundancy in asset planning potential redundancy in asset
NH
Transcript Highlights:
- It also has an asset cap, which means, yes, you may only make $600 a month in Social Security, but if
- If you put income and asset criteria in for qualifying for the exemption, then that would probably be
- Could you include income and asset modeling into it?
- going to add the income and asset going to add the income and asset requirements,<01:26:34.000><
- We can model it if it was income-qualified to $25,000 plus whatever it is for an asset limitation.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 02/25/25
Housing and Homelessness Prevention
Transcript Highlights:
- investors to evaluate Financial or asset investors to evaluate Financial or asset management<00:
- housing providers and support for Asset housing providers and support for Asset Management<00:04
- Affordable housing projects can include asset management fees in the underwriting costs.
- Affordable housing projects can include asset management fees in the underwriting costs.
- Affordable housing projects can include asset management fees in the underwriting costs.
MN
Transcript Highlights:
- Paul and across the state, most of our funding is for asset preservation.
- Paul and across the state, most of our funding is for asset preservation.
- Paul and across the state, most of our funding is for asset preservation.
- most of our funding is for asset most of our funding is for asset preservation. preservation. preservation
- subsidize this critical statewide asset subsidize this critical statewide asset in<01:20:01.600>
Keywords:
Hennepin County, sales tax, health care facilities, ballpark improvements, tax revenue, HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund
MN
Transcript Highlights:
- > infrastructure infrastructure assets infrastructure infrastructure assets falls<00:25:51.960>
to - Yeah, you know, we have a resource and asset management process for our projects.
- <00:37:26.359>
management we have a resource and asset management we have a resource and asset - the next bill talks about asset the next bill talks about asset management,<00:38:04.520>
and - about capital investment and asset about capital investment and asset management.<00:40:34.360><
MN
Transcript Highlights:
- This investment will extend its life, improve accessibility, and preserve this unique asset for decades
- <00:04:34.960>
Thank <00:04:35.120>you <00:04:35.199>for asset for decades to - Thank you for asset for decades to come.
- This truly is a regional asset year.
- It's a regional asset.
Bills:
HF474, HF218, HF210, HF441, HF691, HF720, HF1068, HF1314, HF1465, HF1860, HF2046, HF1389, HF2404, HF2854, HF2985, HF3128, HF3103, HF778, HF3125
Keywords:
HF474, Hubert H. Humphrey, Henry Mower Rice, Statuary Hall, United States Capitol, statue replacement, capital investment, general fund appropriation, Minnesota State Capitol, Minnesota State Historical Society, public art, commemorative statue, National Statuary Hall Collection, commissioner of administration, cultural heritage, monument, Washington D.C., HF218, Minnesota, Department of Public Safety
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Appropriations and Revenue (9-17-25)
Transcript Highlights:
- <00:12:37.760>
Um depreciation of business assets. Um depreciation of business assets. - It applies to most assets with lives of 20 years or less.
- With the One Big Beautiful Bill Act, bonus depreciation is back at 100% for assets placed in service
- It applies to most assets with service.
- depreciation is back at 100% for assets depreciation is back at 100% for assets placed<00:13:08.320
Keywords:
Meeting Start 00:00:00
Major Tax Provisions in H.R. 1 (Public Law 119-21) 00:02:45
Kentucky’s Workforce 00:33:35, 958, all
Summary:
The committee first approved the minutes and heard a brief member introduction before taking up an overview of major tax provisions in HR1, referred to by the presenters as the One Big Beautiful Bill Act. Representatives from the Kentucky Society of CPAs explained new federal deductions for tips, overtime, and car loan interest; a new tax-favored “Trump account” for children; expanded bonus depreciation and Section 179 expensing for businesses; changes to R&D expensing; and a new limit on wagering loss deductions. Members asked several clarifying questions about the duration of the provisions, W-2 and 1099 reporting changes, and how overtime deductions would work. The presenters emphasized that tips and overtime remain subject to payroll taxes and that many of the business provisions are permanent, while the individual deductions are temporary through 2028 or otherwise phased in over time.
The discussion then shifted to individual and nonprofit provisions, including the increase in the state and local tax itemized deduction cap from $10,000 to $40,000 with income-based phaseouts, the temporary senior deduction, and a new deduction for car loan interest with income limits and vehicle qualifications. On charitable giving, the presenters described a permanent nonitemizer deduction, new floors for individual and corporate charitable deductions, and a new scholarship-granting organization credit that would allow donors to receive a dollar-for-dollar federal credit up to $1,700, beginning in 2027. Members focused heavily on the SGO provision, asking about state implementation, oversight, whether churches would qualify, and whether the credit could support both public and private education. The presenters said the state would need to establish the mechanism and that additional federal guidance is still pending.
After the tax presentation, the committee heard from the Kentucky Chamber of Commerce on workforce issues, with a focus on child care and housing as barriers to labor force participation. Chamber representatives said they were not proposing large new government programs, but rather targeted policy recommendations for the 2026 session. They described Kentucky’s long-term decline in workforce participation since 2000, attributing much of it to demographic change, an aging population, and fewer younger workers entering the labor force. The presentation continued into a broader discussion of workforce trends and the need for practical policy responses, but no votes or formal actions were taken on these informational items.
AL
Alabama 2026 Regular Session
Alabama Senate Banking and Insurance Committee Feb 4th, 2026
Banking and Insurance
Transcript Highlights:
- Across the credit unions, just under 100 of those in Alabama with over $38 billion in assets.
- Across the credit unions, just under 100 of those in Alabama with over $38 billion in assets.
- That income number is billion in assets.
- Our bank has grown to $3.8 billion in assets over this time, funded primarily by our deposit base.
- Our bank has grown to $3.8 billion in assets over this time, funded primarily by our deposit base.
HI
Hawaii 2026 Regular Session
EDN Public Hearing - Thu Mar 19, 2026 @ 2:00 PM HST
Transcript Highlights:
- And their state assets, right?
- And their state assets, right?
- public money in public spaces and assets public money in public spaces and assets as<00:15:48.240
- to how conversion charter schools asset to how conversion charter schools asset will<00:16:54.800
- It's just that the the assets, right?
Summary:
The committee on Education met on March 19 and moved through several bills under time pressure, hearing mostly brief testimony. SB 2024 SD2 and SB 896 SD2, both concerning public-private partnerships for charter school facilities, drew support from the Department of Education, the Charter School Commission, White Kids Can, and Hawaii Technology Academy. DOE said any P3 model should apply only to charter schools on private land and not affect public schools on DOE land. Supporters argued the approach could speed construction, reduce costs, and keep public money in public assets, while UPW and HGA raised concerns about privatization. In response, SFA said the intent was to mirror the existing conversion charter school model, with public ownership of assets and unionized staff, and noted some regions have waited years for schools.
SB 2613 SD1 on TMK transfers was heard next. DOE said the bill had originally been supported as part of the governor’s package but was amended to require DOE to convey lands for 13 libraries on DOE property, which DOE said would create “donut holes” in campuses and was unnecessary because existing agreements already govern library use. The State Public Library System supported the bill, saying it has long coexisted with DOE but needs clearer separation and more reliable control over its sites. The Attorney General’s office said the library system currently lacks express statutory authority to own real property and flagged implementation issues because some of the affected parcels are not currently owned by DOE. Committee members questioned both sides about current agreements, communication, and how the bill would change operations.
SB 494 SD2, concerning charter school audits, received comments from the Charter School Commission, which said the bill was redundant because charter schools already undergo annual audits during the term of their contracts. The Office of the Auditor was also present. SB 2391 SD2, relating to automatic pay increases for teachers, drew strong opposition from the Office of Collective Bargaining, which said step movement and longevity increases are negotiated in each contract and do not automatically carry over when a contract expires; it warned the bill could affect upcoming negotiations with HSTA. HSTA and several other supporters argued the bill would standardize annual step movement, improve retention, and reflect existing contract language. No votes or final actions were taken in the portion of the meeting provided.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Economic Development & Workforce Investment (8-28-25)
Transcript Highlights:
- We need to have as much talent as we can to fuel these assets.
- We need to have as much talent as we can to fuel these assets.
- We need to have as much talent as we can to fuel these assets.
- We need to have as much talent as we can to fuel these assets.
- And we're very to fuel these assets.
Keywords:
Meeting Start 00:00:00
Call to Order and Roll Call 00:00:22
Forging the Future: Kentucky's National Leadership in Metals Manufacturing 00:01:33
Improvements to Kentucky’s Incentive Programs 00:52:05, 958, all
Summary:
The committee met for its third interim meeting, approved the prior meeting minutes, and heard a presentation from the Metals Innovation Initiative (MI2) on Kentucky’s metals industry. Speakers described metals manufacturing and recycling as a major economic backbone for the Commonwealth, including steel, aluminum, stainless steel, and copper operations, with broad impacts across production, fabrication, supply chains, and related businesses. They emphasized that the industry supports high-paying jobs, significant capital investment in Kentucky, and is aligned with broader efforts to expand U.S. manufacturing.
A central theme was workforce development. MI2 leaders said the industry faces a persistent talent gap and that current education programs do not always produce the skills needed for modern metals jobs. They argued for stronger exposure and awareness, more direct industry involvement, and a dedicated metals career pathway through high schools, area technology centers, career and technical centers, and KCTCS. They also described pilot efforts in Logan, Warren, and Carroll counties that would introduce students to metals careers in middle school, move them into credits and pathways in high school, and connect them to internships, apprenticeships, and postsecondary training.
Recycling and supply-chain security were the other major topics. Testimony stressed that recycled inputs are far cheaper than raw ore extraction and that recycling is increasingly important to competitiveness, environmental performance, and keeping materials from leaving the U.S. Speakers also raised concerns about China’s large steel and aluminum capacity and said unfair trade and global market manipulation make it harder for Kentucky producers to compete. Committee members and presenters framed MI2 as a collaborative effort among industry, state government, and academia to strengthen workforce pipelines, recycling, and long-term industry growth. No votes or formal actions were taken beyond approving the minutes.
MD
Transcript Highlights:
- :33.200>
or <00:17:33.440>water <00:17:33.679>infrastructure <00:17:34.320>asset - owners or water infrastructure asset owners or water infrastructure asset owners<00:17:35.200>
<00:20:37.039>- owner, they must provide the dam owner or the asset owner with written notice of the proposed penalty
- And then they had to review any good faith application from the asset owner or authorized representative
owner <00:20:37.600>or <00:20:37.919>authorized the asset owner
Summary:
The Senate convened with an invocation by Reverend Jod Gun, whose prayer was journalized by unanimous consent. The chamber then recognized several guests, including representatives from the National Alliance on Mental Illness, who were present for a resolution honoring Tardive Dyskinesia Awareness Week, as well as former Delegate and physician Dan Moheim, Towson University students, a veteran guest, and parents and young children visiting for Maryland Family Network’s Day in Annapolis.
The Senate adopted a resolution recognizing the National Alliance on Mental Illness for its advocacy on tardive dyskinesia screening, early detection, and treatment, and designated May 5–9 as Tardive Dyskinesia Awareness Week. The resolution was read and adopted without objection. The chamber also unanimously welcomed the guest groups and thanked them for their service and advocacy.
In second-reader action, the Senate advanced several bills with committee amendments adopted without objection. Senate Bill 113, the Longevity Ready Maryland Act, was amended to refine aging-related planning, website reporting, and Commission on Aging membership, then ordered to third reading. Senate Bill 123 updated the membership of the Oversight Committee on Quality of Care in nursing homes and assisted living facilities and was also sent to third reading. Senate Bill 336 extended the Task Force on the Responsible Use of Natural Psychedelic Substances for one year and added an HBCU representative. Senate Bill 394 expanded expedited partner therapy to bacterial vaginosis and added licensed certified midwives as authorized practitioners. Senate Bill 444 changed certificate-of-need requirements for certain intermediate care facilities, and Senate Bill 461 conformed the SNAP Heat and Eat Program to federal eligibility rules; both were advanced to third reading.
The Education, Energy, and the Environment Committee then took up Senate Bill 108, which would authorize the Maryland Department of the Environment to impose administrative penalties for certain water, wetlands, dam, and riparian-rights violations and expand administrative enforcement tools. Several senators raised concerns about the scope of the bill, its effect on shoreline restoration, dams, stormwater and wetlands enforcement, and whether it could allow penalties without adequate process or encourage payment instead of correction. The floor leader responded that the amendment requires notice, an informal meeting, and consideration of good-faith efforts before penalties are imposed in certain cases, and said the bill does not change permit requirements. The debate continued as members sought clarification on how the bill would apply to private dams, HOAs, farmers, and shoreline projects.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 44 (3-11-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- Last session, this body passed Senate Bill 64, an act relating to key infrastructure assets.
- Relating to key infrastructure assets and declaring an emergency.
- made it a Class D felony to damage, possess, or tamper with the operation of a key infrastructure asset
- in a manner that renders the asset inoperable in whole or in part, or renders the operation of the asset
- in a manner that renders the asset inoperable in whole or in part, or renders the operation of the asset
HI
Hawaii 2026 Regular Session
House Chamber - Thu Feb 12, 2026, 12:00PM HST - Day 14
Hawaii House Floor Meeting
Transcript Highlights:
- also just to make it clear when I came into this body, before voting on any issues, I did have an asset
- that I donated to a nonprofit because I didn't want to have a conflict, because that asset would have
- that I donated um to a an asset that I donated um to a nonprofit<00:41:41.040>
because <00:41: - <00:41:44.240>
would a conflict um because that asset would a conflict um because that asset - Price increases due to the assets.
Keywords:
gambling, prediction markets, Hawaii gambling laws, financial contracts, ethical concerns, electric bicycles, micro-mobility devices, safety regulations, traffic laws, insurance exemption, high-speed electric devices, land use, ropeway, transportation, state regulation, government exemption, building code, permitting process, training, state council
NH
New Hampshire 2025 Regular Session
House Public Works and Highways (01/14/2025)
Transcript Highlights:
- The other is our Asset Management, Asset Performance, and Strategy Office, and they really help make
- other is our asset other is our asset management<00:29:22.440>
um <00:29:23.440>asset< - um asset performance and strategy<00:29:26.600>
office <00:29:27.399>and <00:29:27.559> - for our roads and and bridges and all for our roads and and bridges and all our<00:45:00.160>
assets - so issues and challenges um our assets so issues and challenges um we<00:45:03.920>
do <00:45:
Summary:
The Public Works and Highways Committee held an orientation meeting focused on introducing members, outlining committee norms, and hearing an overview from the Department of Transportation. Chair David Mills emphasized the committee’s long-standing bipartisan working style, asked members to share contact information for short-notice scheduling, and noted that the committee would need to complete as much work as possible before the building is vacated later in the year. Members introduced themselves and described backgrounds in engineering, construction, planning, local government, military service, education, and business. Several members highlighted prior service on planning boards, school boards, zoning boards, or in transportation-related fields as relevant to the committee’s work.
Members repeatedly described the committee as collegial and nonpartisan, with most bills going to the consent calendar. The chair also noted that the committee’s work centers on state infrastructure, including roads, bridges, highways, and buildings. Representative Cluder, the ranking member, and others echoed that the committee is effective because it talks issues through and resolves disagreements collaboratively. One member mentioned a recent trip that reinforced the importance of infrastructure resilience after storms and rebuilding efforts in other states.
Department of Transportation officials, led by Assistant Commissioner and Chief Engineer David Rodrig, gave a detailed organizational and operational overview. They described DOT’s structure, mission of “transportation excellence,” and major responsibilities across highways, bridges, rail, transit, aeronautics, maintenance, and administration. Rodrig reported 1,651 permanent positions and 404 vacancies, 2,160 state bridges with 115 on the Red List, 4,600 centerline miles of roadway, 25 public airports, 11 transit systems, and 194 active state-owned rail lines. He also outlined FY 2024 spending, project development activity, highway maintenance operations, fleet and fuel systems, and the distinction between the highway fund and DOT’s budget, including the role of federal funds and the turnpike enterprise fund. No votes were taken and no bills were acted on during this orientation meeting.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Aug 14th, 2025
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- While we try to produce some additional investment return, we keep this in more liquid assets to make
- On page 19, We have our total assets under management.
- Now, turning on to page 20, each of these funds has very different asset allocations.
- These are invested in less risky assets, still trying to earn a return, but we're really focusing on
- and that really determines the strategic asset allocation for the funds.
KY
Kentucky 2026 Regular Session
House Budget review Sub. on Postsecondary Education. (1-22-26)
Transcript Highlights:
- I want to say a deep thank you to this body for the two bienniums of support and asset preservation.
- Uh I am support and asset preservation.
- However, I do believe that another round of investment in asset preservation is warranted and will have
- My next item that we have on our request is asset preservation dollars.
- My next item that we have on our request is asset preservation dollars.
Summary:
The House Budget Review Subcommittee on Postsecondary Education met to begin hearing budget requests from Kentucky universities. Eastern Kentucky University President David McFaden highlighted EKU’s enrollment growth, its large population of Pell-eligible and first-generation students, and its role in producing graduates for Kentucky’s workforce, especially in health care, public safety, manufacturing, engineering, and aviation. He said EKU is seeking support for a Center for Health Innovation, including a doctor of osteopathic medicine program, with a $50 million accreditation escrow and startup funding that would be returned to the state after accreditation. He also described EKU’s health programs, which have strong pass rates and high in-state employment outcomes, and said the university wants continued asset preservation funding, inflationary operating support, and other recurring budget items.
McFaden also outlined EKU’s aviation request, including $10 million for new aircraft and support for an enhanced air traffic control program created in response to a legislative study. He said the program would enroll cohorts of about 30 students, likely attract out-of-state students, and require a $5 million startup investment plus $1.5 million in annual recurring support. He added that EKU’s lab school is seeking a revised funding model tied to enrollment rather than a flat mandated amount. Committee members asked follow-up questions about the medical school escrow, aircraft needs, and program capacity, and McFaden clarified that the escrow would remain intact until accreditation and then be returned to the general fund.
Kentucky State University President Kakpo then reviewed prior capital support that helped repair a dorm and several leaking roofs, and said the university is still addressing campus infrastructure problems. He said KSU’s main request is a new health sciences building to house its growing nursing program and language program, along with $40 million for additional dorm renovations and a carve-out for its aquaculture program. Kakpo said the aquaculture PhD proposal would be federally funded and could bring in more revenue, while the new building would help relieve overcrowding and support KSU’s research role. In response to questions, he said KSU’s campus housing capacity would be about 1,334 beds if all dorms were repaired, and that the university is rotating students through renovated buildings while trying to keep them on campus.
Committee members also raised safety concerns about the December campus shooting at KSU. Kakpo said the incident was isolated, expressed sympathy for the families affected, and said the university has reviewed campus procedures, added police and security positions, and is strengthening safety processes. The meeting did not include any votes or formal actions; it was a budget presentation and question-and-answer session.