Transcript Highlights:

• > disaster resilient infrastructure and disaster resilient infrastructure and disaster response
• infrastructure and system management. infrastructure and system management.
• , their wastewater infrastructure.
• , their wastewater infrastructure.
• infrastructure as well. infrastructure as well.

Bills: HF3556

Keywords: community solar, energy, solar power, renewable energy, Melissa Hortman, 1183, house

Summary: The committee approved the February 26, 2026 minutes and then took up House File 3556, which would rename Minnesota’s community solar garden program the Melissa Hortman Community Solar Garden Program. The bill’s author described the measure as a tribute to Hortman’s leadership and her role in creating the program, noting its importance to Minnesota’s solar industry and the broader clean energy transition. The author moved HF 3556 to the general register, and the committee proceeded to testimony. Testifiers from the Public Utilities Commission, Department of Commerce, solar industry groups, clean energy organizations, and community solar advocates all supported the bill. They credited Hortman with authoring and advancing the 2013 legislation that created Minnesota’s community solar program and said it became a national model that expanded access to solar for renters, lower-income households, and others who could not install rooftop systems. Several witnesses highlighted the program’s growth, including more than 1 gigawatt of approved projects, strong participation by low- and moderate-income subscribers, and job creation and private investment in Minnesota. Witnesses also emphasized Hortman’s personal leadership style, describing her as prepared, persuasive, collaborative, and deeply committed to clean energy and public service. Some recounted personal interactions with her and said the name change would preserve her legacy and ensure future Minnesotans remember her impact. No vote on the bill itself was taken during the testimony shown, beyond the motion to send HF 3556 to the general register.

Transcript Highlights:

• work is often times infrastructure work is often times infrastructure improvements. improvements
• :14:12.320> of<00:14:12.400> those have the infrastructure of those have the infrastructure
• <00:35:52.040> bond since the housing infrastructure bond since the housing infrastructure
• c> understand that housing infrastructure understand that housing infrastructure bonds<00:37:08.840><
• session and that housing infrastructure session and that housing infrastructure bonds<00:37:30.680

Keywords: 1183, house

Transcript Highlights:

• had been repurposed with prior agreement from the federal government to support public health infrastructure
• So this funding is to be allocated under the Behavior Health Continuum Infrastructure Program kind of
• Just one final comment is that, yeah, this is the Behavioral Health Continuum Infrastructure Program,
• Yeah, this is the Behavioral Health Continuum Infrastructure Program, but one other comment on that is
• The initial investment, though, was instrumental in building the statewide digital infrastructure and

Summary: The hearing opened with remarks from the chair and members about recent federal cuts to public health, mental health, family planning, and Title X funding, with strong concern about the impact on California programs and providers. The committee then turned to the Department of State Hospitals, which presented its 2025-26 budget proposal of $3.4 billion, including new positions, capital improvements, and funding tied to increased patient costs and incompetent-to-stand-trial services. DSH reported major progress in reducing the IST waitlist and wait times, said it had met the court’s 28-day treatment benchmark for those without extenuating circumstances, and described workforce recruitment and retention efforts such as residency programs, fellowships, outreach, and hiring streamlining. Members asked about future IST referral trends, SB 1323’s effect on diversion and community treatment, and workforce lessons in high-cost regions; public comment urged reconsideration of county IST growth cap methodology in light of new criminal justice initiatives. The committee next received an informational overview of Proposition 1 and its changes to behavioral health funding and governance. The Legislative Analyst’s Office explained that Prop. 1 restructured county MHSA funding buckets, expanded the Commission for Behavioral Health, shifted prevention and early intervention responsibilities, and authorized a $6.4 billion bond, including $4.4 billion for behavioral health facilities through BHCIP. DHCS said it had released guidance for county integrated plans and was receiving extensive public comment. Members focused on BHCIP application requirements, especially letters of support and tribal projects, and raised concerns about whether DHCS’s implementation matched statutory intent. DHCS said it had authority to set application requirements and that tribal entities were treated differently because of sovereignty and funding structure. DHCS then updated the committee on BHCIP, the Behavioral Health Bridge Housing Program, and related bond implementation. The department said BHCIP had awarded about $1.7 billion across five rounds, with more than 130 projects and 223 distinct facilities funded, and that it was preparing to award the new bond funds after receiving nearly $8 billion in applications. The LAO’s assessment found that more than half of awards served at least 80% Medi-Cal enrollees, but also raised concerns that the regional allocation model could reinforce inequities, that the program had not sufficiently addressed the highest-need regions such as the southern San Joaquin Valley, and that smaller counties and less launch-ready applicants faced barriers. For bridge housing, DHCS said more than $1.1 billion had been awarded, serving over 5,000 people and supporting more than 2,000 operational beds, but the Governor’s budget proposes to eliminate Round 4 funding as the administration weighs other statewide investments and Proposition 1 implementation workload. Public commenters and members urged more accountability, better regional equity, stronger labor and community involvement, and caution about funding for for-profit psychiatric facilities. Finally, the committee heard on the Children and Youth Behavioral Health Initiative. CalHHS and DHCS described CYBHI as a broad prevention- and equity-focused effort with more than 1,300 organizations funded, over $2.1 billion awarded, and multiple work streams spanning schools, community programs, workforce, and digital supports. DHCS highlighted school-based services, the fee schedule rollout, and digital platforms BrightLife Kids and Soluna, which it said are reaching users statewide and providing low-barrier access to coaching and support. Members and public commenters raised concerns about delays in school fee schedule implementation, the large share of funding going to digital tools, the need for more in-person services, and whether the initiative is sufficiently tracking outcomes and equity impacts. No formal votes were taken during the hearing.

Transcript Highlights:

• So the challenge, as Mike said, is mostly infrastructure.
• So the challenge, as Mike said, is mostly infrastructure.
• If we can, I think a lot of infrastructure are in place, but infrastructure and funding is still one
• You spoke about the infrastructure need.
• The first being infrastructure funding.

Summary: The hearing focused on oversight of AB 658 and the State Water Resources Control Board’s five-year temporary permits for groundwater recharge. Assembly Member Arambula and committee members discussed how the permits are intended to help capture high flows during wet periods, support SGMA implementation, and store water underground for later use. The State Water Board chair said the five-year permits have become an important tool, with seven five-year permits issued this season and over 43,000 acre-feet authorized, but noted that actual recharge depends on hydrology and that the board is open to improvements. Members and witnesses discussed several possible changes to make the program more effective: allowing a two-year delay before the five-year permit clock starts, codifying CEQA exemptions that have been used through executive order, and shifting from a public objection model to a public comment model to reduce delays. There was also discussion of water availability analyses, with some members asking whether the state could develop a broader statewide assessment to reduce consultant costs and make permitting more predictable. The board said such an effort would be large and costly, but could potentially save applicants money and improve consistency. District representatives described their experiences. Stockton East said the five-year permit was more cost-effective than repeated 180-day permits, but that the 90-20 methodology, consultant costs, and a burrowing owl survey condition made use difficult. Omaha-Hartnell Water District said its recharge work depends on simple, low-cost infrastructure and that five-year permits, CEQA reform, and lower upfront fees would help small districts. A consultant working with Scott Valley and Sierra Valley said five-year permits can work well in different basins, but local infrastructure, stakeholder coordination, streambed alteration agreements, and upstream flow constraints can limit recharge. Members also raised concerns about basin connectivity, downstream water rights, and the need to pair recharge with sustainable groundwater pumping and broader water storage planning.

Transcript Highlights:

• role that counties and Cities play in protecting<00:03:47.360> critical<00:03:47.799> infrastructure
• <00:03:48.720> and protecting critical infrastructure and protecting critical infrastructure
• like water and wastewater infrastructure like water and wastewater treatment<00:09:38.320> facilities
• Etc as well as manage uh infrastructure Etc as well as manage uh numerous<00:09:48.760> uh<00
• ...to protect Minnesotans' water infrastructure, as well as sensitive data.

Keywords: 1187, senate, all

Transcript Highlights:

• It is practical infrastructure.
• California’s creative sector is economic infrastructure, civic infrastructure, and community infrastructure
• It is practical infrastructure.
• California's creative sector is economic infrastructure, civic infrastructure and community infrastructure
• Infrastructure and community infrastructure.

Keywords: 988, house, all

Summary: The Assembly Budget Subcommittee No. 5 on State Administration heard a series of budget proposals and informational items, beginning with the Department of Housing and Community Development’s HCD Connect system. HCD requested permanent authority for seven existing temporary positions to maintain and expand the system, and also sought funding and positions to implement eight 2025 housing-related bills. Members asked about how HCD Connect will interact with programs moving to the new Housing Development Finance Committee and about the revised implementation cost for AB 1053, which HCD said had dropped from about $6 million to $1.9 million because of shared infrastructure with HDFC and CalHFA. The committee also heard Cal ICH’s request for $339,000 to implement AB 678 on LGBTQ+ inclusive and culturally competent homelessness services, with testimony emphasizing the need for better data and training for a population disproportionately affected by homelessness and discrimination. The Department of Financial Protection and Innovation presented three continuation proposals: funding for the California Consumer Financial Protection Law program, the Debt Collector Licensing Act program, and the broker-dealer/investment adviser continuing education program. Members and public commenters focused heavily on the debt collector licensing fees, the number of licensees, and whether assessments were too high compared with other states; DFPI explained that fees are set on a pro rata basis tied to net proceeds and that the workload remains substantial. Public testimony also supported DFPI’s student loan assistance work and raised a separate request for franchise broker registration funding. The committee then took up a mandate suspension item, voting to suspend a new disclosure mandate related to deferred property taxation, and heard trailer bill language from the Department of Finance on AB 91/MENA data collection, aimed at protecting federal funding, ensuring non-disclosure, and allowing more time for implementation. The Secretary of State presented Help America Vote Act funding for VoteCal and the HAVA spending plan, as well as the Cal-Access Replacement System (CARS), the Notary Automation Program Replacement Project (NAP 2.0), and AB 1392 on confidential voter registration for elected officials and candidates. Members asked about project costs, timelines, user testing, and data migration; the Secretary of State said VoteCal funds would be exhausted in 2027–28, CARS is targeted for completion by November 2026, and AB 1392 would require system modifications and new confidentiality procedures. The committee also heard an informational overview from the California Arts Council, which described its 50th anniversary, the economic impact of arts funding, and the cultural districts program; public testimony strongly urged increasing Arts Council grant funding from $24 million to $50 million and adding support for cultural districts. Throughout the hearing, the committee took multiple vote-only actions approving the items before it, with votes recorded on the HCD, Cal ICH, DFPI, HAVA, CARS, NAP 2.0, and AB 1392 proposals, while some items were held open or discussed without a quorum at earlier points in the meeting.

Transcript Highlights:

• There's an infrastructure program at ISC that has $2.5 million in recurring money.
• This bill relates to infrastructure and enacts the Land Grant Merced and the Asequia Infrastructure Act
• Infrastructure Act.
• Then it's creating the Land Grant Merced Infrastructure Project Fund and the Asequia Infrastructure Project
• This is to the AECA and Community Ditch Infrastructure Fund.

Transcript Highlights:

• We have intentionally built the infrastructure needed to move from isolated programs to a coordinated
• We have intentionally built the infrastructure needed to move from isolated programs to a coordinated
• We have intentionally built the infrastructure needed to move from isolated programs to a coordinated
• We have intentionally built the infrastructure needed to move from isolated programs to a coordinated
• And having you and your team available, building this infrastructure to flatten the line out to say,

Bills: HF3727, HF3684, HF3467

Keywords: veterans property tax, homestead exclusion, disabled veteran, totally and permanently disabled, service-connected disability, property tax relief, market value exclusion, surviving spouse, family caregiver, county veterans service officer, Minnesota property tax, assessment year 2027, homestead tax benefit, veterans tax exemption, DD214, VA disability rating, veterans, veterans affairs, Department of Veterans Affairs, grant standards

Transcript Highlights:

• The bill was referred to the committee on energy and digital infrastructure, which recommends that the
• Testimony in House Energy and Digital Infrastructure on H.527 showed broad...
• infrastructure infrastructure while<00:10:17.600> act<00:10:17.920> 250<00:10:18.399><
• <00:15:06.000> and<00:15:06.639> the and Dig Digital Infrastructure and the and Dig
• Digital Infrastructure and the Senate<00:15:07.199> Committee<00:15:07.519> on<00:15:07.680

Keywords: 926, house, all

Summary: The House opened with a devotional by Vermont poet laureate Bianca Stone, followed by remarks recognizing her work and the presence of students from her Dartmouth poetry class, as well as a separate recognition of community-based domestic and sexual violence advocates in the House gallery. Members also noted Creative Arts Day in Vermont and announced a reception, and later corrected a location for the Sportsmen’s Caucus meeting. No bill introductions were made. The main legislative item was H.527, extending the sunset of 30 V.S.A. section 248A, the telecommunications siting process that allows certain cell tower projects to be reviewed by the Public Utility Commission instead of Act 250. The committee report said testimony showed broad agreement that the process needs improvements in notice, transparency, fairness, and local participation, while preserving a statewide framework for telecommunications infrastructure. The bill would extend the sunset from July 1, 2026, to July 1, 2030, and direct the PUC to hold public workshops, consult with stakeholders, and report recommendations by December 15, 2027. The House adopted the committee amendment and ordered third reading; the committee vote was reported as 5-3-1. The House also took up JRS 37, a joint resolution supporting gender equality in Nordic combined Olympic competition and urging the International Olympic Committee to require both men’s and women’s divisions for new Olympic sports. The committee heard from the lieutenant governor, the Senate sponsor, and the Vermont Ski Areas Association president, and recommended adoption in concurrence by a vote of 10-1. After an interrogation clarified that the resolution calls for separate men’s and women’s divisions rather than combined teams, the House ordered third reading. The body then adjourned until Friday, February 13, 2026, at 9:30 a.m.

Transcript Highlights:

• But for some municipalities to put in infrastructure, It can take up to 20 years for that infrastructure
• Airports are a vital part of our comprehensive state infrastructure.
• Number two, it accelerates infrastructure.
• Second, this bill unlocks infrastructure development statewide.
• infrastructure to support vertiports across the state.

Summary: The Economic Infrastructure Subcommittee considered a full agenda of transportation, utility, aviation, and energy bills. HB 4045, amending the Jacksonville Aviation Authority charter, passed without questions or debate. HB 1075, which would require municipal utilities to allow outside property owners to connect when capacity exists and fees are paid, drew testimony from local government and municipal advocates who warned about conflicts with existing agreements, long infrastructure payback periods, and the risk of subsidizing nonresidents; despite concerns from Rep. Smith and others about municipal boundaries and cost, the bill passed, with Smith voting no. HB 519, as amended, authorizes golf cart crossings at signalized intersections on designated golf cart roads; it passed unanimously after lighthearted debate about golf carts and pedestrian crossings. The committee then took up HB 919, which creates a state definition for major commercial service airports and preempts airport naming authority, including renaming Palm Beach International Airport to Donald J. Trump International Airport subject to FAA, county, and trademark-related conditions. Palm Beach County supported the bill and an amendment clarifying implementation and trademark language, while Rep. Eskamani and others raised concerns about preemption and the timing of honoring a sitting president; the bill passed with several no votes, including Eskamani, Skidmore, and the ranking member. HB 1093, the Advanced Air Mobility and Infrastructure Act, would support eVTOL/vertiport development through tax exemptions, infrastructure funding flexibility, and statewide siting standards while preserving local zoning; supporters framed it as an economic-development and workforce bill, while Rep. Cheney raised taxpayer concerns. An amendment narrowing liability protections for vertiports co-located with public airports was adopted, and the bill passed with Cheney voting no. Finally, HB 1461 established a regulatory framework for advanced nuclear reactors, assigning oversight roles to the PSC, DOH, and DEP. Supporters argued the bill would improve energy reliability, affordability, and Florida’s leadership in clean, advanced energy, while an opponent from Deploy US urged strong consumer protections and cautioned against overbroad deregulation. Rep. Eskamani emphasized preserving PSC prudency review for ratepayer protection, and the sponsor said the bill was refined through committee discussion. After an amendment fixing technical issues and clarifying that one section applied to all nuclear, the bill passed favorably. The meeting then adjourned.

Transcript Highlights:

• And modernizing our nation's nuclear weapons stockpile, nuclear forces, and supporting infrastructure
• Department of Defense and Congress to target industrial-based investment in critical infrastructure,
• How are you planning on managing the modernization projects with infrastructure recapitalization efforts
• that span civil and federal infrastructure?
• Then we need to man that infrastructure for our stockpile stewardship and production.

Keywords: defense industrial base, small business, workforce development, acquisition processes, national security, cybersecurity, critical minerals

Summary: The meeting of the committee revolved around critical discussions on enhancing the defense industrial base, focusing on small business engagement and the importance of streamlined processes in defense contracting. There was a significant emphasis on the need for more investment in the defense manufacturing sector, particularly in the face of competition from countries like China. Some members expressed frustration over the treatment of small businesses, citing barriers that prevent these innovative companies from effectively participating in defense contracts. The need for a workforce capable of meeting the common challenges posed by evolving technologies and geopolitical threats was also highlighted throughout the meeting.

Transcript Highlights:

• These investments include the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, and
• at infrastructure, whether it's cleaning our environment through clean energy projects, whether it's
• expanding our public service and infrastructure, we want to make sure that these jobs are accessible
• In exchange for that, we partner with them to provide infrastructure for our citizens.
• In fact, we named one of the big bills a bipartisan infrastructure investment bill.

Summary: The committee heard several measures focused on economic development, procurement, workforce equity, federal infrastructure funding, and food security. SB 1044 by Senator Reyes would raise and then index to inflation the cap for streamlined state contracts awarded to certified small businesses, microbusinesses, and disabled veteran business enterprises for services and IT work; supporters said the current cap is outdated and limits access, while opponents representing goods suppliers and some small business groups argued the bill could disadvantage goods contractors and should preserve lower thresholds for those contracts. After discussion about the ceiling versus floor effect of the cap and the impact on different types of businesses, the bill was approved as amended and sent to Appropriations. SB 247 by Senator Smallwood-Cuevas would create a bid preference for projects that hire workers from disadvantaged communities; supporters framed it as a way to connect public infrastructure spending to family-sustaining jobs, while union construction employers opposed it because they said they cannot control worker dispatch through hiring halls and the bill would be difficult to implement. The committee advanced the measure to Appropriations despite those concerns. The committee also approved SJR 6 by Senator Cortese, which urges the federal government to honor commitments under the bipartisan infrastructure law, CHIPS and Science Act, and Inflation Reduction Act, with supporters emphasizing the importance of certainty for California infrastructure, clean energy, and semiconductor investments. SB 1025 by Senator Hurtado would establish an Office of Food Security and Affordability to coordinate food assistance efforts and develop a statewide food security strategy; supporters from a Kern County food bank and the University of California said the state’s response to hunger is fragmented and needs better coordination, while committee members asked about deliverables and timelines. The bill was sent to Appropriations. The committee also took up consent items SB 700 and SB 1340, which were moved on consent to Appropriations, and the hearing ended with the remaining votes recorded and the bills advanced. Throughout the hearing, members repeatedly discussed the need for clearer implementation details, data on program impacts, and how to balance equity goals with operational realities for state agencies, contractors, and small businesses.

Transcript Highlights:

• Infrastructure and I just knew this that way. You guys don't have to. That's the best part. Okay.
• Well, Nick were going to need infrastructure to support that and job growth also support that increased
• We use infrastructure for a reason because it's not just about coming from the ground to space.
• Just like you making investments in airport, infrastructure seaport, infrastructure, Rails, Road.
• infrastructure, and we want to make sure we're taking advantage of that to our fullest capacity.

Keywords: 999, senate, all

Transcript Highlights:

• Reducing demand means we don't have to spend as much on expensive grid infrastructure again.
• Storm damage tied directly to climate is one of the biggest costs we are seeing on infrastructure.
• Storm damage tied directly to climate is one of the biggest costs we are seeing on infrastructure, so
• Storm damage tied directly to climate is one of the biggest costs we are seeing on infrastructure. being
• is one of the biggest costs we are seeing on on uh infrastructure so that is directly tied to the social

Keywords: 995, all

Summary: The committee held a hearing on the value of Mass Save, with opening remarks emphasizing that despite past criticisms the program has delivered major energy, cost, climate, and equity benefits. The chair cited large avoided system costs, strong benefit-cost ratios, and recent legislative changes that set emissions goals, restricted fossil-fuel equipment incentives, and increased focus on low- and moderate-income households. Department of Energy Resources Commissioner Elizabeth Mahoney testified that Mass Save has weatherized hundreds of thousands of homes, reduced bills, avoided emissions, and that the current plan includes budget controls after the DPU ordered $500 million removed from the approved budget. She said the governor’s proposal to have only electric utilities administer the program was intended to reduce administrative costs and align with current implementation trends. Members questioned Mahoney about what counts as marketing and administration, and she said the category includes traditional advertising as well as community-based outreach, customer resource centers, and other customer engagement work, much of it in low- and moderate-income communities. She said administrative and marketing costs are under 5% of the budget, while more than 80% goes to incentives and direct program delivery. Several witnesses then focused on workforce and contractor impacts. Dave Betcher of Abode Energy Management and Rick Taglienti of Rogers Insulation said Mass Save sustains small businesses, creates careers, and supports thousands of jobs; both warned that budget cuts would reduce hiring, training, and work in homes and businesses. They also described a broad ecosystem of suppliers, trainers, and service providers that depends on stable program funding. Other witnesses addressed cost-effectiveness, affordability, and emissions. Anna Johnson of ACEEE said Massachusetts remains a national leader, with Mass Save returning about $2.80 per dollar invested, reducing peak demand, and lowering bills for participants, especially through weatherization and heat pumps. Kyle Murray of Acadia Center said the program is statutorily required to be cost-effective and has avoided billions in supply and infrastructure costs for all ratepayers, including nonparticipants, by lowering overall demand and peak prices. Amy Boyd-Rabin of the Environmental League of Massachusetts argued that efficiency is the cheapest way to meet climate targets and that cutting the budget would force more expensive power generation. The hearing also featured testimony on equity and housing: Mary Wampo described historic under-service to renter-heavy and lower-income communities and said recent reforms, including designated equity communities and performance incentives tied to equity, are helping correct that imbalance; Brian Biot and James Collins of LEAN/ABCD described low-income delivery systems and wraparound services; Barney Heath and John Nannari said Mass Save incentives are essential to affordable housing, passive house construction, and keeping projects on time and on budget. The final witnesses highlighted Connected Solutions and electrification: Sunrun’s Bronte Payne said the virtual power plant program saved more than it cost and helps avoid peaker plants and grid upgrades, and Highland Electric Fleets’ Ben Sondaga said electric school buses can provide similar grid benefits while lowering transportation costs for districts.

Transcript Highlights:

• Act, the bipartisan infrastructure law.
• This was passed in 2021 as part of the Infrastructure Investment and Jobs Act, the bipartisan infrastructure
• So the infrastructure part, we are hard at work.
• I think the picture for infrastructure is very strong.
• The Digital Equity Act also passed with the bipartisan infrastructure law.

Transcript Highlights:

• can only be put towards infrastructure can only be put towards infrastructure improvements.<02:43
• c> order<04:37:46.719> for infrastructure investment in order for infrastructure investment
• <04:39:50.480> grant<04:39:50.798> program infrastructure grant program infrastructure
• can help lay out the infrastructure can help lay out the infrastructure needed<04:48:13.920>
• around uh the amount of infrastructure around uh the amount of infrastructure in<04:55:37.440>

Keywords: 1189, house, all

Transcript Highlights:

• As you know, across the country, data center property taxes have helped pay for local infrastructure,
• Data centers are the essential digital infrastructure behind every online purchase, every telehealth
• They're potentially bad actors that can look to disrupt essential infrastructure.
• essential infrastructure.
• Those are essential things, and we need infrastructure for those.

Bills: HF2928, HF2912, HF2297

Keywords: water appropriation, data centers, environmental review, energy conservation, permit application, carbon-free energy, geothermal energy, renewable energy, Macalester College, appropriation, sustainability, solar energy, pollinator programs, license plates, agrivoltaics, environmental sustainability

Transcript Highlights:

• other resilient infrastructure. other resilient infrastructure.
• Um walking, and rolling infrastructure.
• Infrastructure also directly market.
• funding for the infrastructure funding for the infrastructure improvements<01:10:13.040> on
• transportation infrastructure, right? transportation infrastructure, right?

Bills: HF2438

Keywords: transportation finance, transportation policy, MnDOT, Minnesota Department of Transportation, Department of Public Safety, Metropolitan Council, highway funding, trunk highway fund, county state-aid highway fund, municipal state-aid street fund, state aid roads, local roads, bridge funding, road construction, transit funding, passenger rail, freight rail, aviation, airport development, safe routes to school

Transcript Highlights:

• The green slice, the 17%, is $139 million, and that is the BND Legacy Infrastructure Loan Fund.
• So those performance fees to GPs, you know, like infrastructure managers and private equity managers
• And infrastructure. The net benefit is almost $9 million after paying those? That's correct.
• And infrastructure is one of them. There's infrastructure and then there's infrastructure.
• maybe the work that Grovener does is commercial infrastructure.

Keywords: 908, all

Transcript Highlights:

• A lot of counties need help with infrastructure, and we should consider raising that almost 10-fold.
• A lot of counties need help with infrastructure, and we should consider raising that almost 10-fold.
• A lot of counties need help with infrastructure, and we should consider raising that almost 10-fold.
• One of the things on our agenda was putting $50 million for our counties for infrastructure, and I just
• A lot of counties need help with infrastructure, and we should consider raising that almost 10-fold.

Keywords: 993, senate, all

Summary: The joint Economic Development budget subcommittee meeting opened with introductions, review of subcommittee rules, and identification of the agencies to be discussed, including the Department of Economic Development, Urban Development Corporation, Alcohol and Beverage Control, Cannabis Management, and the Gaming Commission. The chairs also outlined broad budget priorities, including support for innovation hotspots, incubators, minority- and women-owned businesses, biomedical research, centers of excellence, advanced technology, workforce development, and grants tied to tourism, cultural institutions, public safety equipment, and food retail subsidies. Most member comments focused on small business conditions and economic development policy. Senators Borrello and Chan emphasized that small businesses are the backbone of the economy and argued for reducing taxes, utility costs, fines, permits, and regulations; Chan suggested a possible one-year utility tax holiday. Assembly Member Slater similarly criticized New York’s tax and regulatory climate and promoted legislation to create a Department of Regulatory Review and Economic Growth. Assembly Member Buttenschon discussed one-house proposals such as changes to small business stock ownership rules and a hardship savings account, while Assembly Member Bendett said county infrastructure funding should be increased substantially. Several members highlighted sector-specific investments. Senator Addabbo and Assembly Member Woerner stressed the importance of racing and gaming, including addiction treatment and recovery, integrity in racing, and stronger drug testing. Assembly Member Otis pointed to science and technology initiatives such as Micron, Empire AI, quantum research at Stony Brook, and broadband/digital inclusion through ConnectALL. Assembly Member Cashman supported investment in the Cornell Center for Food and Agriculture, and Senator Hinchey praised tourism matching grants, restaurant and farm food donation tax credits, and incentives for heat pumps and clean energy retrofits. No formal votes were taken. The meeting ended with staff continuing consultations with members and the chairs concluding the session.