Transcript Highlights:

• HB 3462 by Hunter, relating to the use or purchase of property under the Public Property Finance Act,
• HB 3533 by Gates, relating to multi-family residential developments financed, owned, or operated by public
• HB 3534 by Gates, relating to multi-family residential developments financed, owned, or operated by public
• Gates relating to the multi-family residential developments financed, owned, or operated.
• Intergovernmental Affairs, HB 3534 by Gates relating to the multi-family residential developments financed

Summary: The House met briefly to read a large number of first-reading bills, joint resolutions, and concurrent resolutions and refer them to the appropriate committees. The measures covered a wide range of topics, including public health, education, criminal justice, taxation, transportation, water and natural resources, elections, housing, veterans issues, local government, and constitutional amendments. Several bills focused on school policy, health care regulation, property tax and sales tax changes, criminal penalties, and local or state agency authority. Among the notable items were proposals on name and sex changes on birth records, college admissions inquiries into criminal history, foster care contractor liability, school nutrition and assessment policy, election procedures, homestead and franchise tax exemptions, public retirement system reporting, and numerous transportation and infrastructure measures. The House also received resolutions designating local honors and observances, including Brownsville as the bicycling capital of the Rio Grande Valley, Port Aransas as the fishing capital of Texas, and Selena Quintanilla Perez Day. Some measures proposed constitutional amendments on legislative procedure, homestead taxation, and election-law enforcement authority. No debate or testimony occurred in this segment; the action was limited to first reading and referral. The session also referred several resolutions to the Local and Consent Calendars. At the end of the proceedings, the House adjourned without objection until 2 p.m. Tuesday.

Transcript Highlights:

• act relating to apprenticeships, requiring a one-to-one ratio of apprentice to journeyman for construction
• and referred to the House Health and Human Services Committee, then to the House Appropriations and Finance
• House Bill 71, introduced by Representative Gallegos [ID: member_20557], an act relating to public finance
• ordered printed and referred to the House Education Committee, then to the House Appropriations and Finance
• House Bill 75, having been read twice by title, is ordered printed and referred to the House Finance

Transcript Highlights:

• So, welcome everybody to again the February 23rd, 2025 Transportation Finance and Policy Committee hearing
• This bill does have a fiscal note to it, and so it does have, uh, some finance, but it also has some
• This bill does have a fiscal note to it, and so it does have, uh, some finance, but it also has some
• This bill does have a fiscal note to it, and so it does have, uh, some finance, but it also has some
• As amended, be re-referred to the Public Safety Finance and Policy Committee.

Bills: HF3429, HF3418, HF3431, HF1597

Keywords: intelligent speed assistance, transportation, speeding offenses, public safety, license restrictions, speed control, pedestrian safety, traffic safety, roadway improvements, nonmotorized transportation, crosswalks, sidewalks, bike lanes, complete streets, Vision Zero, Toward Zero Deaths, MnDOT, Department of Transportation, Department of Public Safety, local road authority

Transcript Highlights:

• They're going to do the construction, so you also give them notice on those.
• , and making sure that they have the teachers to be the mentors as well as the parameters. set to finance
• This would be all financed at the local level as there currently aren't any resources, and we're really
• Also the bill does not apply to new construction.
• I appreciate all of the constructive feedback. to working with all stakeholders and respectfully ask

Keywords: 988, house, all

Transcript Highlights:

• From the time we plan a project, design a project, advertise it for construction, construct the project
• It's been used in vertical construction for many years.
• Transportation, or horizontal construction, has been using it for the last 20 or so years, and we're
• <00:12:15.800> for been used in vertical construction for been used in vertical construction
• See finance officer Gray. White will come forward. I got the wrong color there for a minute.

Keywords: 928, house, all

Summary: The Fiscal Committee met on February 21 and first approved the January 30 minutes and the consent calendar, with item 2540 removed by the Department of Education and item 25057 set aside for discussion. The committee then took up FIS 25057, a Department of Transportation request tied to a federal grant for building information modeling and related data standardization across DOT systems. Transportation officials explained that the $2.405 million consultant-heavy request would connect surveying, design, construction, and asset management systems, improve efficiency and long-term asset tracking, and help the department catch up with other states. Several senators questioned the lack of immediate, quantifiable budget savings and the reliance on consultants, but the item was ultimately adopted. The committee next approved FIS 25054 for the Department of Health and Human Services after questioning a $16 million shortfall in the Children’s Health Insurance Program. DHHS explained the variance as a budgeting and accounting issue tied to separating CHIP from Medicaid managed care, pandemic-era continuous enrollment, and the new federal requirement for 12 months of continuous coverage for children. Members also approved a Cannon Mountain fee item, where park officials described a proposed price freeze for early-bird passes, a new in-season tier, and modest increases in off-season pricing, while noting operating cost pressures, strong snow conditions, and favorable customer value ratings. That item was adopted unanimously. The committee also approved the Department of Corrections item after discussion of staffing, retirement eligibility, overtime, and recidivism. Commissioner Helen Hanks said retirement-eligible staff had declined slightly, recruitment was improving, overtime hours were down, one housing floor had been closed because of lower population, and the department had reduced reincarceration by 8% over seven years, which she said produced substantial savings. The item was adopted. During informational items, the committee heard a Legislative Budget Assistant performance audit of the New Hampshire Commission for Human Rights. The audit found the commission inefficient and ineffective in processing complaints, with average case closure taking 840 days, significant backlogs dating back decades, expired administrative rules, weak management controls, disorganized and outdated procedures, unreliable data, and unresolved prior audit findings. The audit included 25 recommendations, two of which may require legislative action. Commission staff said they appreciated the recommendations and expected the additional resources from the prior budget cycle to help address the backlog and improve transparency and efficiency.

Transcript Highlights:

• We ask for your yes vote on the finance committee report.
• Is there any further discussion on the finance committee report?
• And that doesn't just mean I don't have to give it also money, finances.
• Senate Bill 183 will be assigned to the committee on finance.
• We have a trust, and it's a unique construction.

Keywords: 981, all

Transcript Highlights:

• <00:03:33.599> and you know with construction and you know with construction and development
• This fiscal year, to June 30, we have $9.5 million to finance 18 additional homes.
• I did not expect that 51 of the 115 homes in Ko Kahi would be financed with NASA, Senator.
• <00:55:19.119> Manager Officer Brandon Asuka, Finance Manager Officer Brandon Asuka, Finance
• So, we are working together with finance as well to get that broken down better.

Keywords: 912, senate, all

Transcript Highlights:

• Um, the direct answer to your question is, you know, we approve the business’s financing.
• Um the the decision to come financing.
• Some of you may know the new facility that we were fortunate to get constructed several years ago off
• So that was about a million dollars for construction purposes and design purposes.
• was about a uh just for construction was about a uh just for construction purposes<01:21:33.120>

Keywords: 1189, house, all

Summary: The committee first heard testimony from State Treasurer Monica Misipelli on House Bill 1042, which would increase the contingent credit limit for the BFA. She explained that under RSA 66 the state’s debt capacity is capped at 10% of unrestricted revenue, and that guaranteed debt counts in the calculation even though it is not direct debt. She said the state currently has about 65% of its capacity used, roughly $120 million of remaining room, and that raising the BFA contingent credit limit from $200 million to $450 million would reduce that capacity. She noted the state’s debt-to-revenue ratio is about 4.2%, that the state’s credit rating is not immediately affected by the guarantee program unless the state actually has to assume the liability, and suggested unused guarantee authorizations, such as one for the Peace Development Authority, could be reviewed in the future. Members asked whether a credit guarantee affects bonding ability like actual debt, what the usual debt level is relative to the statutory cap, and whether the increase would crowd out future capital borrowing. Misipelli answered that guarantees are included in the formula and do affect available capacity, though the current ratio remains manageable. She also said she had been using a $120 million benchmark for capital budget planning and was now modeling $130 million in future state debt. When asked whether the full $250 million increase was necessary, she deferred to the BFA, saying the question should be answered by the agency. James Key Wallace, executive director of the New Hampshire BFA and interim commissioner of Business and Economic Affairs, then testified in support of the bill. He said the request was driven by larger project costs over the last several decades, with construction inflation causing guarantees to be used up in bigger chunks, and by the fact that the BFA has been close to its current cap. He said the agency does not use taxpayer funds, has never had a payout on a guarantee in nearly 35 years, and requires collateral, reserves, and an 80% loan-to-value buffer. He told members the Senate had a similar bill to raise the limit to $400 million and that the BFA considered that range acceptable. In response to questions, he said a smaller increase such as $150 million would cover known transactions but might not provide enough runway for future opportunities, and he confirmed the bill was brought at the BFA’s request. He also said businesses consider housing availability when deciding whether to locate in New Hampshire, since housing and workforce are key location factors. At the end of the work session, the chair closed House Bill 1042 and opened House Bill 241, a bill on health insurance coverage of pain management services for chronic pain. Representative Nagel began introducing the bill and asked for copies of the treasurer’s debt-capacity report, but the transcript cuts off before any further action on HB 241.

Transcript Highlights:

• construction.
• /c><00:14:14.959> rates, like construction costs, interest rates, like construction costs, interest
• It spurred 21,000 million to construct.
• Senate File 570 is recommended to pass and re-referred to the Finance Committee.
• Senate File 570 is recommended to pass and re-referred to the Finance Committee. Thank you.

Keywords: 1187, senate, all

Transcript Highlights:

• I call the meeting of the Committee on Energy Finance and Policy to order.
• Small modular reactors have also suffered construction delays.
• Small modular reactors have also suffered construction delays.
• consent when the plant was construction consent when the plant was construction constructed<00:32
• Households that are uninsurable are also not able to get financing.

Keywords: 1183, house

Transcript Highlights:

• um the finances that uh drive<00:31:34.320> uh<00:31:34.480> the<00:31:34.640> bank
• The irregularities that were discovered in the 2017 OA report don't exist in the other financing and
• the other financing and were corrected. the other financing and were corrected. if<00:32:34.320>
• or or is take a look at their finances or or is it<00:34:03.279> doable<00:34:03.840> for<
• <00:59:33.280> and regards to MIDOT construction and regards to MIDOT construction and activities

Keywords: 919, house, all

Summary: The Legislative Audit Commission Evaluation Subcommittee met on October 6, 2025, to choose additional program evaluation topics for the Office of the Legislative Auditor. Deputy Legislative Auditor Jody Mson Rodriguez explained that the commission had previously selected seven topics from an initial list of 11, with background papers already prepared on five of those items, and that the subcommittee was now being asked to select five more topics for background papers before narrowing the full set to four recommendations later in the fall or early spring. Members discussed several possible topics, especially emergency medical services, non-emergency medical transportation, MinnesotaCare eligibility, child care assistance, medical assistance fraud prevention, and U.S. Bank Stadium. David Kersner of OLA said emergency medical services and non-emergency medical transportation are distinct programs, and noted the EMS topic was evaluated in 2022 while non-emergency medical transportation had not been reviewed since 2011. Auditor Judy Randall said MinnesotaCare eligibility, child care assistance, and medical assistance fraud prevention are better suited to OLA’s financial audit division or special review unit rather than program evaluation, and that financial audits and special reviews do not require Legislative Audit Commission nomination. On process, Mson Rodriguez said the subcommittee had already met its minimum required selections under the commission’s policy and was free to choose additional topics. The discussion also covered whether to broaden the stadium topic beyond U.S. Bank Stadium; staff said the U.S. Bank financing structure alone would be a major undertaking, but they could help craft a future topic focused on maintenance across multiple facilities. No final vote or motion was taken in the portion of the meeting provided, and the chair indicated the committee would continue nominations and discussion.

Transcript Highlights:

• It's hard to construct and pass budgets without knowing, you know, what the federal flows to states or
• It's hard to construct and pass budgets without knowing, you know, what the federal flows to states or
• It's hard to construct and pass budgets without knowing, you know, what the federal flows to states or
• It's hard to construct and capabilities.
• It's hard to construct and pass<00:15:22.800> budgets<00:15:23.279> without<00:15:23.600

Keywords: 1183, house

Transcript Highlights:

• <01:22:09.040> materials on hold until construction materials on hold until construction materials
• <01:23:10.800> on heard from North Branch construction on heard from North Branch construction
• construction construction it's<01:23:25.639> not<01:23:25.840> just<01:23:26.080> these
• <01:23:49.280> that places like bowling construction that places like bowling construction
• <02:28:46.960> Finance<02:28:47.319> isn't<02:28:47.600> an overbalanced fin Finance

Keywords: 1191, senate, all

Transcript Highlights:

• chairman give the finance update for the House Bill 1 and 2.
• <04:22:19.439> and have to run over to Senate Finance and have to run over to Senate Finance
• hear your chairman give the finance hear your chairman give the finance update<04:22:21.359>
• <05:28:03.680> Um construction companies in the world.
• Um construction companies in the world.

Keywords: 928, house, all

Summary: The committee met on April 14 and began by welcoming a new member, Representative Samban Denier, who briefly described his background as a Clarkson University environmental engineering graduate and Air Force veteran. The committee then moved into a work session on five energy-related bills, starting with Senate Bill 65 on stormwater management for solar arrays. Representative McGee presented amendment 1594H, which would exclude projects in shoreland areas from the bill’s permit-by-notification process and require the standard alteration-of-terrain permit review instead. Members asked for clarification, and McGee explained the amendment was requested by the New Hampshire Lakes Association and others to preserve the fuller review process for shoreland projects. The committee appeared satisfied with the explanation and moved on. The committee next discussed Senate Bill 230 on electric utility restructuring and investment in distributed energy resources. Members concluded that section one was unnecessary because a better definition of advanced nuclear resources had already been added to House Bill 710, and that section two would allow investment in advanced nuclear resources in a way they had already rejected in another bill due to ratepayer risk. Several members agreed the bill was redundant and supported an ITL motion. They also discussed Senate Bill 232 on net metering terms and conditions, focusing first on whether hydroelectric generators could be listed in ISO New England while also taking net metering credits. Granite State Hydropower Association representative Heidi Kroll testified that generators are subject to checks and balances, that double-dipping is not occurring, and that rules and tariffs already require participation in one market arrangement or the other. Discussion on Senate Bill 232 then shifted to section two, which would bar retroactive changes to net metering tariffs in place as of January 1, 2025. Representative McGee proposed alternative language to protect existing customer generators, group hosts, and municipal hosts from retroactive changes, while others said the language was needed to provide stability for current participants operating on thin margins. Some members supported the clearer wording; others argued the committee should not tie the hands of the PUC and DOE, noting future circumstances could require regulatory flexibility and that conflicts could be resolved in court if necessary. The committee did not take a final vote in the portion of the meeting provided, and the discussion was still ongoing when the transcript ended.

Transcript Highlights:

• Committee but also with the finance Committee but also with the finance committee<00:21:01.480><
• Yes, Senator... versus new construction.
• Senator... versus new construction.
• and from New Hampshire Housing Finance and from New Hampshire Housing Finance Authority<02:52:09.080
• Finance committees with with information Finance committees with with information I'm<03:16:16.439>

Keywords: 928, house, all

Summary: The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund. The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance. Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected. Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.

Transcript Highlights:

• Rent control has decimated rental rates and building and construction opportunities.
• Rent control has decimated rental rates and building and construction opportunities.
• Agency, making policy, finance, and technical changes to housing provisions.
• drivers that are increasing construction drivers that are increasing construction and<01:44:53.520
• <01:46:17.760> about Minnesota Housing Finance produces about Minnesota Housing Finance produces

Keywords: 1187, senate, all

Transcript Highlights:

• Chairman, members of the Finance Committee. I am Senator Daryl Abbas.
• Chair and members of the Finance Committee.
• Chairman and members of the Senate Finance Committee.
• You'll see the high demand on the demand list, but the actual construction comes in phases.
• Thank you for always coming before Finance every year.

Keywords: 1191, senate, all

Transcript Highlights:

• I'm curious about the financing.
• I'm curious about the financing.
• I work in the Division of Construction Procurement for the Transportation Cabinet.
• So, a bulk of our construction program is design-bid-build, like we would normally do low-bid work.
• <00:55:09.520> manager,<00:55:10.079> general build, and construction manager, general

Keywords: 958, all

Summary: The Government Contracts Committee first approved the minutes from its July 8 meeting and then moved through a large agenda of contracts and deferred items. The committee deferred a Kentucky Education Television contract because the vendor was still not registered with the Secretary of State, and also deferred a University of Louisville contract to the September meeting at the university’s request. Both motions passed by roll call. The committee then took up a contract with the Department for Behavioral Health, Developmental and Intellectual Disabilities for Seven Counties Services. Committee members questioned why the state continues funding the provider despite its ongoing bankruptcy tied to unpaid retirement contributions, how the funding split is determined, whether the state had explored other providers or direct state delivery, and whether all services in the contract are truly required by statute. Agency officials said Seven Counties is the statutorily designated community mental health center for the region, serves about 24,500 people, and provides core safety-net services that would be difficult to replace; they also said the bankruptcy dispute is still ongoing and the contested amount is about $20 million. The committee ultimately deferred the contract to the next meeting and requested additional information on the scope of services and potential offsets or recovery of unfunded liabilities. The final deferred item was a Department for Community Based Services contract with Youth Villages for the Intercept program. DCBS explained that the program is used because it is an approved evidence-based service under the Family First Prevention Services Act, that Youth Villages has Kentucky staff and offices even though it is headquartered in Tennessee, and that the contract is intended to support intensive in-home services, foster care stabilization, and family reunification. Members asked why the services could not be provided in-house, whether Medicaid should cover more of the cost, and whether the state requires the provider to bill Medicaid as a payer of last resort. DCBS said it would verify billing and funding details and provide them back to the committee. The committee then voted to defer the contract to the next meeting.

Transcript Highlights:

• House Bill 111, State Funded Capital Construction, sponsored by Appropriations, engrossed.
• sponsored by appropriations construction sponsored by appropriations engrossed. engrossed. engrossed
• provided through the state financing provided through the state loan<01:06:23.760> programs.
• surface water drainage utility financing surface water drainage utility has<01:07:31.200> been
• issue of constructing issue of constructing a<01:07:43.119> storm<01:07:43.359> water<

Keywords: 916, all

Transcript Highlights:

• on the deed they just may wife they are on the deed they just may not be on the cont yes sir the financing
• not be on the cont yes sir the financing not be on the cont yes sir the financing contract well it's
• Public Works community budgeting Finance Public Works community budgeting Finance Public Works community
• Wht creates the Alabama construction Wht creates the Alabama construction trade Academy act uh we do
• even has a simulator there construction even has a simulator there construction even has a simulator

Keywords: 1136, house, all