Video & Transcript Research : 'bond allocation'

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TX

Texas 89th 2nd C.S.

Land & Resource Management Mar 13th, 2025

Land & Resource Management

Transcript Highlights:
  • MUDs were bonds were sold for on bare land financing.
  • There was no sort of development that had to occur to sell bonds.
  • And only when value assessed value is created can the district then sell bonds to reimburse them.
  • Um, in the bond market, we trade at the lowest interest rates. We get ratings regularly.
  • Again, just to speak to the security of those, uh, of the bonds.
Bills: HB23
TX

Texas 89th Regular

Land & Resource Management Mar 13th, 2025

Land & Resource Management

Transcript Highlights:
  • Because they're not within the cities because of the bonds that are involved.
  • Financing works for MUDs, initially there was no financial feasibility rules, MUDs bonds were sold on
  • bare land financing, there was no sort of development that had to occur to sell bonds.
  • Again, just to speak to the security of those�of the� bonds.
  • MUD bonds sell right now around 4 to 4.5 percent.
Bills: HB23, HB363, HB447, HB954, HB23
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Judiciary - 03/31/2026

Judiciary

Transcript Highlights:
  • So first you actually have to show that you bought these bonds from a sovereign nation with the intent
  • ... ...that you bought these bonds from a sovereign nation with the intent that the only way you get
  • And I mean to actually hold up their assets if they don't pay you back an underwater bond.
  • And it can only be used if a federal judge decides whether the investor has bought the bond with the
  • intent of... ...decides whether the investor has bought the bond with the intent, on purpose, to sue,
Keywords: 993, senate, all
Summary: The Judiciary Committee met for its fourth meeting of the year and considered a series of bills, mostly on civil practice, real property, and court administration. SB 26A on extreme risk protection orders drew some concern about possible unintended consequences and broad exclusions for minors, but it was moved and reported to Codes. SB 1116, designating April 20 as New York State Constitution Day, was moved quickly and reported to the floor. The committee spent the most time on SB 1477, which would limit certain debt-collection practices involving sovereign debt and so-called vulture investors. Senator Krueger explained that the bill is narrowly targeted at investors who buy distressed sovereign bonds with the intent to sue in New York courts, while Senator Palumbo raised concerns about breadth and possible effects on legitimate lending and contract rights. After extended discussion and assurances that the bill would not affect ordinary investors or credit-card debt, it was moved and reported to Finance. Members also discussed SB 7541 on transparency for co-ops and condos; some members warned of unintended consequences and opposition from the co-op/condo community, while others argued it would improve disclosure. The bill was ultimately reported to the floor. Several other bills were approved with little or no opposition: SB 2546 on abandoned multiple dwellings, SB 8294 requiring more detailed judicial determinations on motions, SB 8372 on expenses in matrimonial actions, SB 8870 extending supervision requirements for a real estate license application, and SB 9482 creating a New York City Civil Court subpart for eviction matters involving affordable housing providers and small landlords. SB 9482 drew supportive comments, with a note that funding and staffing would be needed in the budget for it to function effectively. All bills considered were moved out of committee and reported to the appropriate next committee or to the floor.
NM
Transcript Highlights:
  • So, um, this is work we have been, uh, wanting to add all of the, the previous bonds that each of these
  • pulled directly from there and just, uh, consolidated into the projects to show all of the different bonds
  • the uh project status report that the fourth column is the one that identifies all of the different bond
  • in each of the projects from different bond.
  • So when design is awarded now about 2 years down the road, we add the construction to that future bond
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/28/26

Taxes

Transcript Highlights:
  • Subdivision three, Madam Chair, is authorizing the city to issue bonds to finance the project listed
  • Subdivision three, Madam Chair, is authorizing the city to issue bonds to finance the project listed
  • Subdivision three, Madam Chair, is authorizing the city to issue bonds to finance the project listed
  • Subdivision three, Madam Chair, is authorizing the city to issue bonds to finance the project listed
  • necessary time to bond appropriately. necessary time to bond appropriately.
Keywords: 1187, senate, all
MS

Mississippi 2026 Regular Session

MS House Floor - 25 February, 2026; 10:00 AM

Mississippi House Floor Meeting

Transcript Highlights:
  • So, House Bill 1942 introduces a new type of revenue bond, referred to as a conduit bond, underneath
  • , referred to as a of revenue bond, referred to as a conduit<00:19:49.880> bond,<00:19:50.360>
  • Your and means bill that includes bonds.
  • uh, a million dollars of bonds uh, a million dollars of bonds authorized<01:32:56.840> for
  • The bond origination fees, all the interest.
Summary: The House convened with a quorum, dispensed with the reading of the journal, and welcomed several student and FFA groups from around the state, including chapters from Tippah, Forrest, Newton, and Wheeler counties, as well as the Puckett High School student council and an AP government class from Madison-Ridgeland Academy. After announcements, the chamber moved to the Ways and Means calendar and took up a series of tax and finance measures. House Bill 327 would extend Mississippi’s existing film tax credit to television production businesses, with a $42 million aggregate cap and a requirement that qualifying production activity occur in-state. House Bill 343 would create a tax credit for employers offering private health insurance to employees, set at $400 per employee in the first year and $200 in the second, capped at $10 million. House Bill 420 would lower the age threshold for an existing full homestead exemption for honorably discharged veterans and spouses from 90 to 85; members discussed the local cost impact, but the sponsor said the state cost would be zero. House Bill 489 would exempt from income tax any capital gains from a forced sale through eminent domain, so the property owner would not owe tax on that transaction. The House also passed House Bill 715, clarifying that both perishable and non-perishable food sold to food pantries are exempt from sales tax. House Bill 1063 would adjust an alternative energy/local tax provision by allowing a fee-in-lieu rate down to 10% and adding energy storage, such as large-scale batteries, to qualifying projects. House Bill 1793, by committee substitute, would add gun safes to the state’s Second Amendment sales tax holiday. House Bill 1941 would raise the Outdoor Stewardship Trust Fund’s administrative fee from 2% to 3% and authorize $5 million in bonds. House Bill 1942 would create a conduit bond mechanism under the TIF code for local development projects. House Bill 1944, by committee substitute, would expand the Children’s Promise Act tax credit program from $18 million to $40 million over three years and add a new $1 million credit for facilities serving adults with mental handicaps; members debated its effects on private schools, foster care entities, and public education funding. Most bills passed overwhelmingly, including several unanimous votes; House Bill 327 passed 115-1, House Bill 343 passed 118-0, House Bill 420 passed 120-0, House Bill 489 passed 120-0, House Bill 715 passed 120-0, House Bill 1063 passed 115-0, House Bill 1793 passed 109-3, House Bill 1941 passed 118-0, House Bill 1942 passed 116-0, and House Bill 1944 passed after extended debate. The discussion on House Bill 1944 featured questions about whether the credits favored private schools over public schools, whether schools could also receive ESA-related funds, and how much money individual institutions could receive; the sponsor said the credits are separate from tuition, are administered by DOR on a first-come, first-served basis, and do not reduce direct public school funding.
CA

California 2025-2026 Regular Session

Assembly Health Committee Jun 9th, 2026

Transcript Highlights:
  • But beyond the vote today, I think it is so important for this bond to go on the November ballot.
  • So I also would ask for your support in helping us to prioritize this bond, along with the housing bond
  • I will—the one last thing I will say: there will be a science bond on the ballot this year.
  • This bond measure is especially important because...
  • I wanted to be very clear: it's not easy to say no, but the bond makes it very difficult for me.
Summary: The Assembly Health Committee heard several bills on June 9. SB 1023 by Senator Laird would require insurers that cover injectable HIV PrEP under the medical benefit to also cover it through the pharmacy benefit, with supporters saying the change would reduce reimbursement delays and expand access, while health plans opposed it as an unnecessary mandate that interferes with benefit design. SB 964 by Senator Smallwood-Quivas would limit prior authorization for certain dose or frequency adjustments to covered medications, especially for chronic complex conditions; medical supporters said it would prevent harmful delays in care, while insurers argued it weakens safety and utilization controls. SB 1323 by Senator Rubio, as amended, would strengthen protections for people in immigration custody receiving medical care by requiring hospitals and facilities to inform staff how to respond to requests and allowing patients to notify family members of their location; it passed with one no vote. SB 1099 by Senator Reyes would clarify local governments’ authority to provide state and local public benefits to all residents under federal PRWORA rules, with supporters saying it would reduce legal uncertainty for safety-net services; it passed, though one member later changed a vote to no on the add-on roll call. The committee also took up SB 895 by Senator Wiener, a proposed $12 billion science research bond for the November ballot that would create a California scientific research funding institute. Supporters from UC, UAW, hospitals, and advocacy groups said the measure would help offset federal cuts, protect research jobs, and sustain California’s leadership in biomedical and other research; there was no opposition, and the bill passed on a party-line style vote with two no votes. SB 944, also by Senator Wiener, would stabilize Medi-Cal coverage for acupuncture, which supporters described as a cost-effective, non-pharmacological treatment for pain and other conditions that has repeatedly been threatened in the budget process; it passed unanimously. The committee also approved consent items SB 918 and SB 1202, and later cleared the remaining measures on call after roll votes and add-on votes were taken.
TX

Texas 89th Regular

Public Education Apr 29th, 2025

Public Education

Transcript Highlights:
  • Can you imagine that many of these assets are attached to bonds?
  • Whenever we talked to the bond committee about how we would divide our bonds, we would have had to reissue
  • our bonds at a higher interest rate.
  • Determined with counsel and with bond surety companies that adding this amount of money to a district
  • The board doesn't have the ability to pass bonds; they have to send that out to a vote.
FL

Florida 2026 Regular Session

Banking and Insurance Mar 17th, 2025

Banking and Insurance

Transcript Highlights:
  • the finances of Fleet Landing with the benefit of my experience and saw it's got an investment-grade bond
  • If we have to create a second reserve for bond payments, it would result in a $1,400 per unit, or $935,000
  • If you do a new borrowing, a new bond issue, like we do tax-exempt bond issues, we first have to clear
  • If we have to create a second reserve for bond payments, it would result. reserve for bond payments,
  • If you do a new borrowing, a new bond issue, like we do tax-exit bond issues, we first have to clear
Summary: The committee heard and advanced several insurance, financial regulation, and public safety bills. The most extensive discussion centered on SB 1656, a major Office of Insurance Regulation bill covering reciprocal insurers, rate transparency, data calls, cybersecurity notification, and stronger oversight of continuing care retirement communities (CCRCs). The sponsor and OIR described the bill as aimed at transparency and preventing insolvencies, especially after recent CCRC failures. CCRC residents and industry representatives testified both in support and in opposition, with supporters emphasizing resident protection and opponents warning about liens, reserve requirements, management-company regulation, and higher costs. After debate and assurances that problematic provisions would be refined, the committee adopted a delete-all amendment and then reported the bill favorably. The committee also passed SB 1658, which creates a public records framework for the uniform mitigation verification of inspection form database while protecting policyholders’ personal information; a clarifying amendment was adopted before the bill was reported favorably. SB 1612 on financial institutions was approved after a substitute amendment restored current limits on credit union investments and kept only reimbursement, not salary, authority for certain board members and officers. SB 1740, an insurance bill intended to reduce premiums and insurer insolvency risk, was amended to prioritize rate-decrease filings and prohibit claim denials based solely on AI, then reported favorably. Two public-safety bills also moved forward. SB 1212 on firefighter health and safety would update OSHA-related protections, address toxic exposure in gear, encourage safer replacement equipment, and support best practices and mental health resources; an amendment refined terminology and added related provisions, and the bill was reported favorably. SB 1184 on residual market insurers was amended to preserve existing consumer protections and disclosure rules for excess and surplus lines and to clarify Citizens-related appointment requirements before being reported favorably. Throughout the meeting, members repeatedly noted ongoing stakeholder negotiations and intent to refine several bills further in later committee stops.
NH

New Hampshire 2026 Regular Session

House Commerce and Consumer Affairs (01/22/2026)

Commerce and Consumer Affairs

Transcript Highlights:
  • would go from a distiller to the bonded would go from a distiller to the bonded warehouse warehouse
  • through the bonded warehouse. through the bonded warehouse. >> Yes. >> Yes.
  • the bond fee. the bond fee. >> Mhm.<00:17:48.559> Yeah.
  • I can't prove a bond. I and buy a car. I can't prove a bond.
  • register it, but I don't have any bonds. register it, but I don't have any bonds.
Keywords: 1189, house, all
OK

Oklahoma 2026 Regular Session

Judiciary and Public Safety Oversight Apr 14th, 2026 at 10:30 am

Judiciary and Public Safety Oversight

Transcript Highlights:
  • in the event of a conviction of a violent crime, or not conviction, but when they get released on bond
  • purpose of this is we know, as soon as one of these domestic violence perpetrators gets released on bond
  • purpose of this is we know as soon as one of these domestic violence perpetrators gets released on bond
  • And the number one time to do it is when the abuser gets released on bond, bail, bail.
  • that they've been charged for a second time after a previous conviction, the requirements for the bond
KY
Transcript Highlights:
  • With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
  • With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
  • With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
  • With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
  • With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
Keywords: 958, all
Summary: The House Budget Review Subcommittee on Primary and Secondary Education and Workforce Development met for an information-gathering session and opened by clarifying that the subcommittee would not be voting on budget requests. Because there was no quorum at first, the committee did not take up approval amendments. The first presentation focused on a budget request to incentivize national certification for school social workers and school psychologists. Rep. Vanessa Gracal, along with Amy Oats and Leslie Gilpin, argued for a $500,000 annual appropriation to provide $2,000 salary supplements to nationally certified school social workers and school psychologists working primarily in their certification areas. They said the stipend would help recruit and retain professionals amid shortages, noted that current Kentucky certification numbers are low, and explained the rigorous certification and renewal requirements. In response to questions, they said there is currently no appropriation for this purpose in HB 500 and none they were aware of in HB 6 in 2024. The next topic was school facility funding needs, led by Rep. Bob McCool, Johnson County Superintendent Tom Cochran, Commissioner of Education Robert Fletcher, and other district representatives. They described the “gap funding” issue for school construction projects that had already started before COVID-era inflation sharply increased costs. Johnson County and Harrison County were highlighted as examples of districts that had already committed local funds, passed nickel taxes, and begun construction but now need additional state support to finish projects. Speakers emphasized that many projects were audited and approved, that the state has already funded about half of the gap, and that roughly $130 million more is being sought in HB 500 to complete the remaining work. They stressed that unfinished projects would leave districts with half-built schools and that completing them would bring long-term savings and better facilities for students. The committee then turned to testimony from KASA representatives on the impacts of HB 500 as introduced. The witnesses discussed the importance of school psychology and school social work certification, the benefits of advanced training for student services, and the need to recognize and support highly qualified staff. A member asked whether HB 500 or HB 6 included an appropriation for the certification stipend, and the witnesses answered no. The meeting also included a motion to approve the minutes from the prior meeting once a quorum was present, and the minutes were approved by voice vote.
MN
Transcript Highlights:
  • Very happy with where we landed at the end of the day when it came to the bonding deal that we came to
  • <00:04:19.600> That<00:04:19.840> House bonding bill negotiation.
  • That House bonding bill negotiation.
  • You know, I can only speak for the bonding side of things.
  • Probably on bonding right now. >> Now, how do you feel about the $1.2 billion number?
Keywords: 918, senate, all
Summary: Legislators and reporters discussed the final contours of a Minnesota bonding and tax package centered on a $1.2 billion capital investment bill. Supporters said the bill would fund state and local infrastructure projects, maintain state assets, and include anti-fraud measures such as electronic verification for service providers and a 100% excess tax on fraud proceeds to prevent offenders from profiting. They also said the package would backfill road-and-bridge funding so the fee reduction would not reduce transportation dollars. A major point of emphasis was a temporary reduction in tab fees, described as a $254 million savings for taxpayers in 2027. Republicans said the reduction was a top priority and that it was secured through negotiations, though they acknowledged it is only a one-year reprieve unless changed in a future session. They estimated the average savings at about $145 on a $50,000 vehicle, with larger savings for households with multiple vehicles. They also noted that the first proposal had included both a depreciation change and a rate change, but only the rate cut remained in the final compromise. In response to questions, lawmakers said the tab fee cut was driven by constituent complaints and that they would try to extend it next year. They also discussed related transportation issues, including accelerating collection of an auto parts sales tax and concerns about greenhouse gas-related costs for roads and bridges. On other topics, one lawmaker said gun control proposals in the House were not part of these negotiations and urged continued movement on the broader package. No formal vote was taken in the exchange, but participants expressed confidence that the bonding portion of the deal was largely settled, while some details of the full package still needed to be finalized.
MN

Minnesota 2025-2026 Regular Session

Minnesota Gov. Tim Walz delivers State of the State address 4/28/26

Minnesota House Floor Meeting

Transcript Highlights:
  • moving our state forward is happening in communities across the state as neighbors build and rebuild bonds
  • This session, I'm asking you to pass a bonding bill, an additional $907 million.
  • a<00:26:39.880> new<00:26:40.040> child,<00:26:40.800> to time off to bond
  • with a new child, to time off to bond with a new child, to take<00:26:41.200> care<00:26:41.360
  • That's the work triple-A bond rating. That's the work you've<00:35:56.920> done.
Keywords: 919, house, all
Summary: This was Governor Tim Walz’s final State of the State address to the Minnesota Legislature. He opened by recognizing legislative leaders, constitutional officers, tribal leaders, the judiciary, and members of his administration, then asked for a moment of silence for the Hortman family and spoke at length about recent tragedies, including the Annunciation Church shooting, political violence, the COVID-19 pandemic, and what he described as the impacts of federal immigration enforcement in Minnesota. He framed the address around resilience, unity, and the state’s response to grief and disruption. Walz reviewed major accomplishments from his time in office, emphasizing investments in education, child care, free school meals, housing, infrastructure, climate initiatives, paid family leave, voting access, and worker protections. He also highlighted tax cuts, rebate checks, Social Security tax relief, medical debt protections, and efforts to lower costs for families. Looking ahead, he proposed expanding the dependent care tax credit, cutting the statewide sales tax for the first time, adding housing and first-time homebuyer support, and providing aid to businesses and households affected by Operation Metro Surge. A major portion of the speech focused on public safety and fraud prevention. Walz said he wanted lawmakers to reestablish the binary trigger ban, pass additional gun violence measures including bans on weapons of war and high-capacity magazines, and strengthen safe storage and insurance requirements for firearms. He also urged passage of his anti-fraud package, which would increase penalties, create a centralized fraud prevention office, and restructure human services administration to improve oversight and program integrity. He closed by urging lawmakers to act on these proposals during his remaining months in office and said the next governor would inherit a fiscally strong state.
NH

New Hampshire 2025 Regular Session

House Municipal and County Government (04/07/2025)

Municipal and County Government

Transcript Highlights:
  • know how we're funding that and the bond know how we're funding that and the bond rates<00:32:25.440
  • I know in Brooklyn this year there was a bond, and we didn't even know how much it was going to be.
  • And also if it's a lease or a bond, you know, what are you planning on as a duration at that time?
  • So there's any proposed bond or useful.
  • So there's any proposed bond or lease<00:43:23.359> over<00:43:23.720> $100,000.
Keywords: 1189, house, all
ND
Transcript Highlights:
  • of the tax statement to separately identify the amount levied by a school district to pay certain bonded
  • We have a cap in place now, so unless a community or a political subdivision votes to do a bond for a
  • I mean, I wouldn't rule it out, but we would have to look at, you know, how do we allocate resources
Summary: The subcommittee of the Tax Reform and Relief Committee met to begin its study of the feasibility and desirability of revising the content of the real estate tax statement to improve property tax transparency. Legislative Council staff reviewed the study directive under House Bill 1176 and the statutory requirements for tax statements, including required line items such as true and full value, mill levy, legislative tax relief, primary residence credit, and the Legacy Fund portion of that credit. The Tax Department then explained how the current uniform statement is prescribed and approved, and noted that changes are typically driven by statute and implemented collaboratively with counties and vendors. County officials from the North Dakota Association of Counties described the full annual tax cycle, from county budgeting and valuation notices to budget hearing notices, levy certification, cap calculations, and final tax statement mailing. They emphasized that counties and auditors do extensive coordination with taxing districts and neighboring counties, and that the process is labor-intensive and often manual. Members discussed the limited public response to budget notices and tax statements, the difficulty of explaining the legislative tax relief line, the 3% cap and valuation issues, and whether more frequent assessments or different timing would improve understanding. Several members and witnesses noted that many taxpayers only engage when they receive their final bill, and that clarity may be more important than adding more detail. NDACO also presented a rough cost survey from eight counties, estimating an average tax statement cost of about 74 cents and a statewide total near $600,000 for printing and mailing tax statements alone, with outsourcing generally cheaper than in-house printing. Witnesses noted that House Bill 1176 added other mailings and notices, increasing county workload and cost beyond the statement itself. The committee then heard from software vendors, who explained how their systems handle tax billing, budget notices, valuation notices, primary residence credit processing, and tax levy calculations, and they identified the 1600/1685 primary residence credit and discount interaction as a current programming challenge. No votes were taken; the meeting was informational and focused on gathering testimony and identifying issues for possible future recommendations or bill drafts.
HI

Hawaii 2026 Regular Session

EDU Public Hearing 03-18-2026

Education

Transcript Highlights:
  • <00:31:38.559> They're they're calling the bond. They're they're calling the bond.
  • bond bond to<00:31:42.159> make<00:31:42.399> sure<00:31:42.559> that<00:31:42.720
  • So the what the bond amount is.
  • > you<00:32:47.840> know performance bond can be you know performance bond can be you know
  • >> Yes, performance bonds.
TX

Texas 89th 2nd C.S.

S/C on Family & Fiduciary Relationships May 5th, 2025

S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • guardian properly and cause serious loss to the guardianship estate, the damages are covered by a bond
  • If the law exceeds the bond, the judge can be held personally liable for the difference.
  • , uh, the required bond amount to $500,000.
  • we got calls, statutory probate court judges, which are in the 10 largest metropolitan areas, our bond
  • the judges actually contacted us, rural judges said, would you all please get us the same $500,000 bond
TX

Texas 89th 2nd C.S.

Ways & Means May 19th, 2025

Ways & Means

Transcript Highlights:
  • simple majority of the governing body of a taxing unit to approve a proposition for the issuance of GEO bonds
  • seeks to alleviate these concerns by requiring 60% of a taxing unit's governing body to approve any GO bond
  • And requiring 75% of a taxing unit's governing body to propose a GEO bond election or M&O tax reelection
  • taxpayers from excessive taxation by installing common-sense safeguards around the tax rate setting and bond
  • Uh, when, uh, whenever the, uh, municipality is going to, uh, go out and, uh, Uh, issue bonds for that
HI

Hawaii 2025 Regular Session

WAM Public Hearing 04-15-2025

Ways and Means

Transcript Highlights:
  • this resolution, I think it'd be wise to research data, for example, about the general obligation bonds
  • this resolution, I think it'd be wise to research data, for example, about the general obligation bonds
  • this resolution, I think it'd be wise to research data, for example, about the general obligation bonds
  • 11.919> obligation example about the general obligation example about the general obligation bonds
  • :13.280> the<00:05:13.600> counties<00:05:14.240> and<00:05:14.479> to bonds
Keywords: 912, senate, all
Summary: The committee heard testimony on three resolutions: HCR 61, HCR 182, and HCR 183. Testimony on all three was generally supportive, with support noted from the Hawaii Children’s Action Network, Grassroot Institute of Hawaii, ACLU, Chamber of Commerce, Hawaii Food Industry Association, Hawaii Renewables Fuels Coalition, the University of Hawaii, and CARES. Angela Melody Young testified in strong support on behalf of CARES on multiple items, urging consideration of county processes, financing structures, and the need for procedures free from partisan influence. For HCR 183, the University of Hawaii said it stood on its written testimony and was available for questions. The discussion focused less on opposition and more on suggested policy considerations. Testimony on HCR 61 raised questions about how physical notes or related procedures should be administered and whether the process should be housed in a nonpartisan office. On HCR 182 and HCR 183, testimony emphasized coordinating state and county financing and planning, including references to property tax classifications, general obligation bonds, and long-term statewide projects such as Aloha Stadium. At the close of the hearing, the chair recommended taking all three resolutions together. The committee voted to pass HCR 61, HCR 182, and HCR 183 unamended, with all voting members present voting aye and two senators excused. The resolutions were adopted.