Video & Transcript Research : 'bond database'

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MD

Maryland 2026 Regular Session

Senate Floor Session, 2/25/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • We have some bond initiatives. This is calendar 29. Clerk will read the bond initiatives.
  • Majority leader moved so be considered the reading of the bond initiatives.
  • We have some bond committee.
  • will read the bond initiatives. will read the bond initiatives.
  • the reading of the bond initiatives. the reading of the bond initiatives.
Summary: The Maryland Senate opened with an invocation by Reverend Dorene Robinson of Weman Memorial AM Church in Baltimore, followed by a quorum call showing 41 members present. The chamber then spent much of the session recognizing guests and visitors, including members of Alpha Kappa Alpha Sorority, the Morgan State Choir, the Winston Churchill High School varsity golf team, the Elijah Cummings Youth Program, students from several schools, faith leaders, and other community guests. Several senators also introduced personal guests and offered birthday recognitions, including Mrs. Eliza May Robinson and the Secretary of the Senate. On the legislative side, Senate Bill 988 on judicial facilities, stops, detention, and arrest limitation rules was introduced and referred to the Rules Committee. Bond initiatives were also read and referred to the Capital Budget Subcommittee. The chamber took up Senate Bill 108 on wetlands enforcement, but the minority leader said members still had questions, and the bill was special ordered until Friday without objection. The Senate also adopted a congratulatory resolution honoring the Winston Churchill High School varsity golf team for winning the 2025 4A/3A Maryland State Golf Championship, including recognition of senior captain Zoe Kusak’s individual title. Another resolution congratulated Alpha Kappa Alpha Sorority, Incorporated, North Atlantic Region, for its advocacy and community service. The session ended after committee schedule announcements and a motion to adjourn until the next day, with the Senate agreeing to adjourn until Thursday, February 26 at 10 a.m.
MD

Maryland 2026 Regular Session

House Floor Session, 2/18/2026 #1

Maryland House Floor Meeting

Transcript Highlights:
  • . >> The clerk will read the bond initiatives and the committee assignment. >> Introductory House Bond
  • Introductory House Bond Initiatives number 43, February 17, 2026.
  • <00:06:16.400> initiatives >> The clerk will read the bond initiatives >> The
  • House Bond initiatives number<00:06:20.080> 42,<00:06:20.560> February<00:06:21.039>
  • Introductory House Bond appropriations.
Summary: The House convened with 132 members present, offered prayer, approved the previous day’s journal, and adopted a House resolution honoring United Communities Against Poverty for 60 years of service in Prince George’s County fighting poverty. The organization’s board members were recognized in the gallery. The chamber then handled introductory business, including first-reading referral of House Bills 1587-1596, two introductory House bond initiatives referred to Appropriations, and Senate Bill 25 and other Senate bills received in the House and referred to committees. The House also took up committee reports and special orders. The Economic Matters Committee reported favorably on several bills, including House Bills 236, 241, 242, 259, and 308, all of which were adopted and ordered printed for third reading. On House Bill 146 regarding on-site wastewater systems, a friendly amendment was adopted to allow repair or replacement of failed drain field components needed to meet the bill’s requirements. On House Bill 220 concerning individual water meters/submetering, a substitute amendment was adopted to strike a provision related to eviction proceedings and keep the bill aligned with existing law; the bill was then ordered printed for third reading. Members also made several announcements recognizing visiting groups and observances, including the ALS Association, Career and Technology Education Month, Economic Development Day, Developmental Disabilities Day, Alzheimer’s Advocacy Day, the start of Ramadan, and Easter season. The House heard a Black History Month-style recognition of Ethel Beh Hill and welcomed multiple delegations and student groups. Committee and subcommittee meeting announcements followed, and with 134 members present, the House remained in session before the majority leader moved adjournment until Thursday, February 19 at 10:00 a.m.
MN

Minnesota 2025-2026 Regular Session

PFML carveout considered 3/25/26

Minnesota House Floor Meeting

Transcript Highlights:
  • This early parent-caregiver-infant bond and the healthy growth this relationship supports is exactly
  • This early parent-caregiver-infant bond and the healthy growth this relationship supports is exactly
  • This early parent-caregiver-infant bond and the healthy growth this relationship supports is exactly
  • Or you had a birth of a child and you want a amount of time to bond with that child.
  • , child development benefits and bonding, child development benefits and bonding, which<00:56:25.000
Keywords: 1183, house
WY
Transcript Highlights:
  • Uh, ISC bonding requirements. Anyone curious to discuss that one?
  • Anyone of Uh ISC bonding requirements.
  • siting that maybe we put up some bonds siting that maybe we put up some bonds so<00:09:02.880>
  • <00:09:20.600> for Any public com- comments on bonding for Any public com- comments on bonding
  • Pretty council impact payments to bonds.
Keywords: 916, all
Summary: The joint Minerals Committee met to select interim topics and announced its meeting dates for April 27-28 in Casper, June 4-5 in Casper, and August 27-28 in Cheyenne. Members heard public testimony on several economic development and minerals-related topics and were asked to identify their top priorities for later ranking and consensus. No formal votes were taken during this portion of the meeting. A major topic was removing obstacles to energy development in Wyoming, including possible regulatory, bonding, and permitting barriers. Testimony from the Mining Association and Energy Capital Economic Development supported revisiting barriers to development, similar to the earlier Regulatory Reduction Task Force. Another related topic was industrial siting exemptions on coal mine property, with testimony arguing that mineral-related projects such as rare earths, uranium conversion, and ferroalloys should not have to go through the full industrial siting process when communities have already dealt with similar development. Members also discussed industrial siting bonding requirements, including whether bonding or advance payments should be used to cover impacts on local services and emergency response, especially for projects like solar farms or battery storage. The committee also discussed coal bed methane industrial sovereign zones, tied to House Bill 120, with testimony seeking to include coal bed methane in value-added manufacturing zones. The sponsor said the goal was to create industrial zones that support economic development while protecting scenic values and limiting industrial sprawl. Another topic was sourcing curling stones in Wyoming, which was presented as a lighthearted but potentially useful way to promote Wyoming stone and broader dimension-stone quarrying; a state geologist testified that Wyoming has granite with similar mineralogy to stone used for curling stones elsewhere. Child care as an economic driver was withdrawn. The committee also heard support for a Business Council restructure review, though several members said the Minerals Committee should do the substantive review because the Business Council falls within its jurisdiction, while still coordinating with Appropriations. Finally, the committee heard a proposal for a domestic preference in residential general service contracts, extending Wyoming preference concepts beyond construction into goods and services, with testimony emphasizing local economic multipliers and possible exceptions for federal funding or other procurement limits.
KY
Transcript Highlights:
  • <00:21:35.760> as would be event default on the bonds as would be event default on the bonds
  • <00:22:02.240> to funds are available to pay the bonds to funds are available to pay the bonds
  • KEDA issued the bonds, Kentucky Economic Development Finance Authority.
  • with KEFA to issue taxexempt bonds. with KEFA to issue taxexempt bonds.
  • KEDA issued the bonds, with, right?
Summary: The committee questioned KCNA officials about the Kentucky Wired network refresh, focusing on whether the equipment truly needed replacement now and what the vendor end-of-support dates were for the network’s layer 1, 2, and 3 equipment. Senators and representatives pressed for invoices, purchase orders, and vendor documentation, and KCNA staff explained that end-of-support dates vary by specific model and component, not just by broad product family. KCNA agreed to provide a detailed list of components, part numbers, and support dates, and acknowledged that some requested documentation had not yet been produced. A major point of discussion was the timing of the system refresh. KCNA said the 10-year refresh schedule comes from the project agreement, specifically Schedule 19, Section 2.1B, which requires the first system refresh to be completed by September 3, 2026. Committee members argued the network equipment appears to remain in service life for at least the next two years and questioned why an upgrade would be needed immediately. KCNA responded that failing to complete the refresh could excuse the service provider from contractual obligations and could constitute a material breach or default under the project and bond documents. Members also asked about network capacity and the impact on schools and state users. KCNA said it would need to check with Quark for an exact utilization figure, while the chair cited prior testimony that schools account for about 80% of traffic and KCNA about 20%. The committee raised concerns about schools not connected to the network and the effect of KCNA’s actions on continuity of service, while KCNA disputed that K-12 service had been put at risk. KCNA also explained the contract and payment structure: the Commonwealth’s project agreement runs through Kentucky Wired Infrastructure Corporation/Quark, with KEDA-issued bonds and funds flowing through Quark in a waterfall structure. The meeting ended with KCNA agreeing to request underlying vendor invoices from Quark, provide the requested contract documents, and supply information on the status of the wholesaler replacement procurement and related litigation. No formal vote was taken.
MN

Minnesota 2025 1st Special Session

Committee on Taxes - 03/12/25

Taxes

Transcript Highlights:
  • money that is passed in a bond money that is passed in a bond referendum<00:54:16.040> can
  • As the senator indicated, we did not ask for any bonding dollars to assist with this project.
  • As the senator indicated, we did not ask for any bonding dollars to assist with this project.
  • As the senator indicated, we did not ask for any bonding dollars to assist with this project.
  • The first section about the bonding authority, the increase in that bonding authority, that wouldn't
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

FIN Info Briefing - Mon Jan 13, 2025 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • <00:31:33.880> to authorized to sell revenue bonds to authorized to sell revenue bonds to
  • <01:44:44.080> floats when we start going to our bond floats when we start going to our bond
  • <02:07:39.079> Revenue<02:07:39.520> Bond need to increase our bond Revenue Bond need
  • know getting the attorneys and bond know getting the attorneys and bond console<02:12:01.599>
  • difference remembering that we can Bond difference remembering that we can Bond some<04:50:39.920
Keywords: 910, house, all
Summary: The House Finance Committee held an informational briefing with the University of Hawaiʻi, led by new President Wendy Hensel and Vice President for Budget and Finance Calbert Young. Hensel outlined the university system’s scope, student demographics, research activity, and campus missions, emphasizing four strategic priorities: serving Native Hawaiians and Hawaiʻi, student success, workforce development, and economic diversification through innovation and research. She highlighted the system’s enrollment, research funding, and the roles of Mānoa, Hilo, West Oʻahu, the community colleges, and specialized institutions such as JABSOM and the Cancer Center. Young then reviewed the budget request, focusing largely on making prior one-time appropriations permanent and supporting recurring needs. Items included funding for Mānoa athletics, the Hawaiʻi Institute for Marine Biology, K-12 teacher education, Pamantasan Council support, Hilo programs, Windward’s mental health technician certificate, Maui’s practical nursing bridge program, and student support positions such as financial aid and admissions counselors. He also described workforce-related requests tied to nursing expansion at Mānoa and West Oʻahu, as well as facilities support at West Oʻahu. A major portion of the testimony addressed the university’s two Kakaʻako medical facilities. Young explained that declining tobacco settlement and cigarette tax revenues are no longer sufficient to cover debt service for JABSOM and the Cancer Center, so the governor’s budget includes general fund support to supplement those obligations. He also described a regents-approved request not included in the governor’s proposal: expanding the Hawaiʻi Promise financial aid program to the four-year campuses, estimated at about $11–12 million. No votes or formal committee actions were taken during the briefing.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Jul 10th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • That often meant going out to the broader national bond market.
  • We used money from bond proceeds, and we expected the payments to ultimately make those bonds whole.
  • The funding that they receive is different; they can't go out for GEO bonds.
  • There are national credit standards; people issue bonds for these kinds of schools nationally.
  • NMFA funds is that they can bond. They can go out to the public for a bond.
NM

New Mexico 2026 Regular Session

Senate Chamber Jan 20th, 2026 at 04:07 pm

New Mexico Senate Floor Meeting

Transcript Highlights:
  • appointment of New Mexico Compact Commissioners, requiring the public posting of Interstate Commission bonds
  • of a bill bearing Legislative Council Service Drafting Number 232625, a bill providing additional bonding
  • Selection and priorities financed by bonds in its annual budget request, increasing the other than buses
  • An act relating to the financing of highway projects, providing additional bonding authority to the State
  • Department of Transportation to include a report on highway project selection and priorities financed by bonds
Keywords: 996, all
DE
Transcript Highlights:
  • Yeah, the bonds. All right. Thank you. I, thank you. Thank you. Thank you, Madam Speaker.
  • What is the bond bill? What? Do they have drama about the bond bill? I hope not. They're not. What?
  • Can we recognize our bond members really quickly who worked so hard to get this done?
  • Where are our bond members? Nobody wants to take credit for this?
  • It's a pleasure to serve on bond with you.
Summary: The House met on June 30, 2026, with opening ceremonies, guest introductions, a prayer, the Pledge of Allegiance, and a moment of silence for two deceased community members. Members also adopted Consent Calendar 29, which included House Concurrent Resolutions 153, 154, and 156, and passed House Concurrent Resolution 157 directing the State Lottery to report on iLottery options to support traditional lottery retailers, as amended to set a February 15, 2027 reporting deadline. The chamber then considered several bills on agriculture, telecommunications, health, fire service standards, corrections, elections, and education. Among the measures passed were Senate Bill 53 on the Delaware Farm to Community Program, Senate Bill 307 on PSC authority for Lifeline telecom carriers, Senate Bill 339 clarifying advance health care directives, Senate Bill 235 extending manufactured home rent increase rules, Senate Bill 325 updating firefighter/EMS background check and membership standards, Senate Bill 309 discharging incarceration-related balances, Senate Bill 324 on constable-related handgun purchase exemptions, Senate Bill 94 on respiratory care practitioners and ECMO medication access, and Senate Bill 293 creating a licensure pathway for summer camp providers in the Purchase of Care program. The House also passed Senate Substitute 2 for Senate Bill 100, proposing a constitutional amendment to protect the right to marry regardless of race or gender while explicitly preserving religious freedom. The bill drew extended debate, with supporters framing it as a safeguard against future rollbacks of marriage equality and opponents raising concerns about constitutionalizing an issue already in statute; several members explained changed votes and personal reflections before the final roll call, which passed 28-12. House Bill 188, which would allow unaffiliated voters to choose a party primary, also passed after amendment, despite some opposition over party-system effects. Two measures were tabled or amended after debate: Senate Bill 233 on removing snow and ice from vehicles was initially tabled to consider a truck-driver exemption amendment, then the amendment failed and the bill later passed as amended; and Senate Joint Resolution 19 on studying health care costs was tabled briefly pending legal clarification. House Substitute 1 for House Bill 404, creating a three-year pilot program for AI and extended reality in schools, passed after testimony from the Department of Education emphasizing guardrails, data privacy, and teacher oversight. The transcript ends as House Bill 478 is being read in, but no final action on that bill appears in the provided text.
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING-STATE AGENCIES Feb 12th, 2026

LEGISLATIVE JOINT AUDITING-STATE AGENCIES

Transcript Highlights:
  • We also referred this to the prosecutor and the Attorney General, and it was also certified to the bond
  • This finding was referred to the prosecutor, the Attorney General, and was also certified to the bond
  • finding was referred to the Prosecutor Attorney, the Attorney General, and was also certified to the bond
  • was referred to the prosecuting attorney and the Attorney General, and it was also certified to the bond
  • was referred to the prosecuting attorney and the Attorney General, and it was also certified to the bond
Summary: The committee opened with prayer and approved the January minutes, then heard a series of audit reports with findings. The Department of Human Services report described theft and fraud involving false benefit claims, including about $8,000 in Disaster Supplemental Nutrition Assistance Program benefits, about $5,800 in Medicaid benefits, and an altered state warrant for nearly $610,000 that was cashed by an auto body shop in California; it also noted asset-control problems and an error in sales tax paid on exempt vehicle purchases. Members asked whether the fraudulent business had been flagged or notified to other agencies, and DHS said the matter had been referred to law enforcement but no broader notification to California officials was known. The Department of Parks, Heritage, and Tourism report cited missing museum receipts of nearly $3,500 and issues with change funds at Daisy State Park and War Memorial Stadium, including a missing $100 drawer fund and an $80 overage; officials said they were considering cashless operations at War Memorial Stadium and provided an update that the museum theft investigation was still ongoing, with misdemeanor time limits expired but felony investigation still possible. The Department of Corrections report found unauthorized fuel-card purchases totaling about $4,500 and a delayed disaster-recovery test for offender management software; Corrections said staffing had been increased for fuel-card oversight and that a full production disaster-recovery test was now scheduled after DIS upgrades were completed. The Department of Veterans Affairs report found four Fayetteville Veterans Home employees were paid for hours not worked, with additional unapproved overtime totaling more than $6,600, a duplicate vendor payment of nearly $1,000 that was refunded, and many overtime instances lacking proper approval; the department said it had tightened overtime approval policies statewide. The committee also received a special report on law enforcement agencies’ compliance with Arkansas’s racial profiling policy requirement. Legislative Audit said it had received responses from 203 of 383 agencies and forwarded updated policies to the Attorney General, while identifying 180 agencies that had not responded and were deemed out of compliance. Members asked what happens if agencies still fail to respond and requested a list of nonresponding agencies; staff said their role is limited to collecting and forwarding policies, and the committee agreed to receive the list. All reports were filed or reviewed without objection, and the meeting adjourned after announcing the next meeting date and a possible room change due to building work.
HI

Hawaii 2026 Regular Session

EIG-WLA, EIG-HOU-WLA, EIG-HOU, EIG Public Hearings 03-19-2026

Energy and Intergovernmental Affairs

Transcript Highlights:
  • and issue county bonds for this purpose. and issue county bonds for this purpose.
  • , or was that something that you'd have to go back and check with your bond counsel?
  • So maybe you can give us some advice from bond counsel. I'd be happy to. written.
  • you can give us some advice from bond you can give us some advice from bond counsel<01:25:30.480
  • bonds that was authority?
Bills: HB1700
Summary: The joint committees heard several housing, land use, and infrastructure bills. HB 6019 HD2 on electric vehicle infrastructure and HB 1728 HD1 on rainwater catchment systems both drew limited testimony and were advanced. For HB 1728, the chairs said they would designate the Department of Health as the regulator and incorporate suggested technical amendments from plumbing and rainwater industry groups. Both measures were reported out with recommendations to pass, with HB 6019 passed unamended and HB 1728 passed with amendments. HB 1844, which would have required the Land Use Commission to reclassify lands designated for urban growth, drew significant opposition from the Hawaii Farm Bureau and Sierra Club, who argued it would bypass land-use review and threaten agricultural land, water planning, and long-term resilience. Grassroot Institute supported the bill, and the Land Use Commission said the bill raised concerns. After discussion, the chairs deferred the measure in one committee and later the recommendation to pass it with amendments was not adopted in the other committee. HB 1990 on penalties and liens for unresolved residential zoning violations was advanced with amendments. The chairs adopted Grassroot Institute’s suggested changes requiring any county sale of such property to be at no less than fair market value and requiring excess proceeds to be returned to the owner. HB 2424, which would allow county planning agencies to petition for temporary reclassification of certain agricultural lands to rural, also drew mixed testimony; the Land Use Commission raised due process concerns, and agriculture interests opposed it. One committee advanced it with amendments, but in the other committee the recommendation failed after members cited lack of county support. The later portion of the hearing began on HB 1738 and HB 1739. HB 1738 would expand county authority to amend district boundaries for housing on parcels over 15 acres; OHA, Sierra Club, and the Hawaii Farm Bureau opposed it, while Grassroot Institute supported it. HB 1739 would require transit-supportive densities in county TOD areas and limit local restrictions; DPP raised concerns about timing, permitting, and conflicts with existing TOD frameworks, while OPSD and Grassroot supported it. The transcript cuts off before final action on these later bills.
MN

Minnesota 2025 1st Special Session

House Republican Media Availability 6/9/25

Minnesota House Floor Meeting

Transcript Highlights:
  • I think uh bonding was something that was a real priority for all of the caucuses, and this is probably
  • the best bonding bill that has been passed as far as a statewide impact, and there's not a lot of extra
  • It's a very good bonding bill, and I'm proud of the work that our teams have done together.
  • It's a very good<00:04:56.560> bonding<00:04:56.880> bill<00:04:57.040> and<00:04
  • bill and I'm proud of the good bonding bill and I'm proud of the work<00:04:57.919> that<00:04
Keywords: 1183, house
AZ

Arizona 2026 Regular Session

04/01/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • bill, please: House Bill 2289, an act amending sections relating to taxation and truth-in-taxation bond
  • House Bill 2289, relating to truth in taxation bond notices.
  • This bill is a bad idea because it would bias the voter against voting for the school bond.
  • Generally, we want to report to the voters how your home property taxes would be affected by this bond
  • And therefore, it could bias voters against supporting the school bonds.
Keywords: 1182, all
Summary: The Arizona Senate convened with prayer and the Pledge of Allegiance, welcomed guests from the Arizona Psychiatric Society and Brigadier General John Connolly, and adopted a lighthearted April Fool’s proclamation directing the sergeant-at-arms to wear a silk top hat. The chamber also approved a House request to adjourn from April 2 to April 7, and transmitted Senate Bills 1181 and 1473 to the Governor. Later, the Senate observed a moment of silence for Passion Swartz after a personal privilege statement about her disappearance and death, and discussed the need to improve turquoise alert practices. The Senate then considered two Committee of the Whole calendars. On the first, it advanced HB 2120 on property tax exemptions and disability determinations, HB 2174 on insurance modeling/data organizations, HB 2289 on truth-in-taxation bond notices, HB 2861 on marital/postnuptial agreements, and HB 2903 on banks and financial institutions, all receiving do-pass recommendations and later passing the Senate. On the second calendar, it advanced HB 208 on school libraries and professional associations, HB 2040 on public educational institutions and adoption information, HB 2075 on school employee contracts, HB 2203 on Department of Education reporting requirements, HB 2255 on school employee training, HB 2383 on school district leases and housing development, and HB 257 on a special plate tied to the mining museum; all were adopted from committee and passed the Senate, with HB 2255 requiring and receiving a three-quarters vote. Several bills drew floor debate and recorded opposition. Senators argued that HB 2075 unfairly applied transparency rules only to school districts, HB 2174 weakened insurance consumer protections, HB 2289 could bias voters on bond measures, HB 2903 used vague “social credit score” language, HB 2008 attacked school librarians, and HB 2040 imposed adoption messaging in health settings. Despite these objections, the Senate passed each measure by recorded vote, with HB 2223 and HB 2203 passing unanimously or near-unanimously, and the remaining bills passing by varying margins before being transmitted to the House.
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Jan 8th, 2026

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES

Transcript Highlights:
  • The bond and fine deposits were approximately... ...increasing from 2022 to 2023.
  • The bond and fine deposits were approximately $180,000 in 2022 and $409,000 in 2023.
  • We have one report that's being certified to the bond board and referred to the prosecuting attorney
  • This finding has been referred to the prosecuting attorney and certified to the bond board.
  • Under the district court clerk, the following items were noted in the analysis of the district court bond
Keywords: 1204, all
MO

Missouri 2026 Regular Session

Joint Committee on Public Employee Retirement Apr 28th, 2026 at 08:30 am

Joint Committee on Public Employee Retirement

Transcript Highlights:
  • By far, research has shown that a portfolio's mix, the mix of stocks versus bonds versus private markets
  • So as rates rise, bond prices fall.
  • can see U.S. stocks, as measured by the S&P, of almost 13 percent per year, whereas long-duration bonds
  • were relatively flat. 13% per year, whereas long-duration bonds were relatively flat, about 0.9%.
  • Again, public equities are increasing; fixed income, whether it be long-duration bonds, core bonds, TIPS
Keywords: 959, house, all
Summary: The Joint Committee on Public Employee Retirement held a hearing focused on the Missouri State Employees’ Retirement System (MOSERS) and its long-term financial condition. MOSERS staff and its investment consultant reviewed the system’s structure, membership, funding policy, and investment approach. They reported a June 30, 2025 funded ratio of 55.4%, with about $17.4 billion in liabilities and $9.6 billion in assets, and explained that the board certified a 32% employer contribution rate under its minimum contribution policy, up from 30.25%, which will increase state appropriations. They also described the system as mature, with more retirees and inactive members than active employees, and said declining payroll growth has made it harder to improve funding. The presentation emphasized that recent board actions were intended to strengthen the plan over the long term, even though they increased near-term costs. Those changes included lowering the assumed investment return over time to 6.95%, updating mortality assumptions, moving from an open to a closed amortization schedule, and adopting a minimum employer contribution policy. The investment consultant said MOSERS historically used a more risk-balanced asset allocation than many peers, which helped explain weaker relative returns during a long period when public equities outperformed; the board has since shifted toward a more equity-oriented allocation. He said recent performance has improved, with the portfolio outperforming its policy index and ranking better against peers in the short term, though longer-term peer performance remains a concern. Committee members questioned why the funded ratio had declined over roughly 20 years and whether past investment and actuarial assumptions were too optimistic or too conservative. MOSERS officials responded that the current board is trying to correct earlier decisions and that the present strategy is more in line with industry practice. Members also discussed a proposed MOSERS bill package that would automatically refund small balances to terminated non-vested members and increase deferred compensation auto-escalation, with officials saying the refund provision would improve efficiency and return small balances sooner. The committee also briefly discussed ongoing litigation involving Catalyst Capital; MOSERS said attorney fees have been about $20 million so far, the case remains on appeal, and the damages amount is sealed. No formal votes were taken, and the committee adjourned after questions and discussion.
MN
Transcript Highlights:
  • moving our state forward is happening in communities across this state as neighbors build and rebuild bonds
  • this state as neighbors build and across this state as neighbors build and rebuild<00:32:18.520> bonds
  • hold<00:32:19.560> us<00:32:19.720> together<00:32:20.560> in rebuild bonds
  • that hold us together in rebuild bonds that hold us together in the<00:32:20.800> most<00:32:
  • This session, I'm asking you to pass a bonding bill, an additional $907 million insulin. insulin.
Keywords: 919, house, all
Summary: The joint convention opened with the House and Senate assembling, a prayer by Reverend Mariah Furness-Tollgard, and roll call establishing a quorum. The chamber then welcomed the Minnesota Supreme Court, constitutional officers, Lieutenant Governor Peggy Flanagan, and Governor Tim Walz before the governor delivered his final State of the State address. The convention later adjourned by motion. In his address, Governor Walz reflected on recent tragedies and political violence, including the deaths of Melissa and Mark Hortman, the Annunciation Church shooting, and the federal immigration operation he described as causing fear and disruption. He said Minnesota remained strong because of its people and highlighted accomplishments over the past seven years, especially in education, child care, free school meals, workforce development, housing, infrastructure, clean energy, climate initiatives, reproductive freedom, LGBTQ protections, voting rights, workers’ rights, paid family leave, and public safety measures. Walz also proposed new actions for the current session, including a significant expansion of the dependent care tax credit, a $907 million bonding bill, support for sustainable aviation fuel, a social media tax on big tech companies, a governor’s council on the future of the AI economy, additional gun violence prevention measures, and a stronger anti-fraud and human services oversight system. He urged legislators to pass the fraud and oversight bills and said he would sign them immediately. The House then voted to adjourn until April 30, 2026, after the joint convention ended.
OR
Transcript Highlights:
  • So in the 2025 legislative session, there were $50 million in lottery bonds allocated for preservation
  • And so we did work to identify how that Article 11-Q bond fund source would be different than others
  • And I think generally we have used more, if it's actually generally flexible lottery bonds or general
  • And so those resources will be generated through a 2027 bond sale.
  • And you're correct: the Article 11-Q bond resources could not function in that same way. Okay.
Keywords: 907, all
Summary: The committee met for a series of information sessions focused on housing stabilization, rental assistance, senior housing, and heat resilience. In the first panel, OHCS and NOAA described the state’s affordable housing preservation work, including the $35 million in 2025 stabilization funding used to reduce debt and keep distressed affordable rental projects operating, plus manufactured home park preservation efforts. OHCS said the portfolio remains under strain, with about a third of projects at debt coverage ratios of 1.0 or less and rising insurance and operating costs. NOAA urged faster closings on the stabilization awards, more funding in 2027, and broader rent assistance and process reforms. Committee members asked about the gap between current appropriations and need, and OHCS explained that the new Article 11-Q bond preservation program is structured differently and requires full refinancing rather than simple cash infusions. The committee then heard a detailed discussion of the state’s eviction prevention and rental assistance program, ORDAP. OHCS said the program is administered through community action agencies, prioritizes households at imminent risk of eviction, and is now funded at a much lower level than in the prior biennium, reducing expected service to about 8,200 households this biennium. The Oregon Law Center, a county community action agency, and Multifamily Northwest all agreed the program prevents homelessness and is effective, but they differed on whether assistance should be tied so closely to eviction court. Legal aid and community action witnesses said the current system is underfunded and that eviction filings are the clearest indicator of need, while Multifamily Northwest argued the process can push people into court unnecessarily and should be moved earlier when possible. Legislators raised questions about whether a pre-eviction model could be developed and about the costs of court involvement; one member shared a personal story about how rental assistance helped keep their family housed. Next, the governor’s office, OHCS, and OHA presented on the new senior housing initiative and healthy homes work. The governor’s housing director said Oregon is making progress on homelessness and housing production, with reductions in homelessness outside Multnomah County and an estimated 50,000 future units added to the pipeline through recent state actions. OHCS outlined the senior housing programs launched in May: a debt-financing program using elderly and disabled bond authority, an older adult housing development program funded through the senior property tax deferral revolving account, and a rehousing program for older adults that will use bridge funding and services to move at least 400 unsheltered older Oregonians into housing. OHA also described its Healthy Homes Grant Program, including $24.6 million already awarded, a new $5 million grant round for seniors and people with disabilities, and examples of home repairs and weatherization that help people remain safely housed. The final information session focused on home cooling and heat resilience. OHA presented data showing rising extreme heat days, more heat-related emergency visits, and likely undercounted heat deaths, especially among older adults, people with disabilities, low-income communities, and people without access to healthy homes. ODOE reviewed implementation of Senate Bill 1536, including a cooling needs study that found 58% of surveyed households in the studied housing types needed permanent cooling, with estimated statewide costs of $582 million to $1 billion. ODOE said its rental home heat pump and community heat pump programs have supported 4,638 installations so far, with a temporary reopening planned using remaining funds. The session ended with a remote presentation from a Community Action Partnership of Oregon representative, continuing the discussion of how community action agencies help deliver energy and anti-poverty services.
KY
Transcript Highlights:
  • , and KRS 45.812 requires that all bonds go through the reporting process through capital oversight.
  • <00:12:48.040> and<00:12:48.440> uh<00:12:48.680> KRS obligation bonds and uh
  • that all bonds go 45812 uh requires that all bonds go through<00:12:53.440> reporting<00:12:54.000
  • Finally, on page 36, they authorize another $10 million of agency bonds to Western Kentucky University
  • to Western Kentucky University for bonds to Western Kentucky University for improving<00:15:26.800><
Summary: The Appropriations and Revenue Committee took up several House bills and committee substitutes. House Bill 2, as amended by Senate Committee Substitute 1, was described by Rep. T.J. Roberts as restoring a tax exemption enacted in 2024 by providing refunds with interest to those improperly taxed and creating a cause of action; the substitute also aligned state filing deadlines for certain flood-disaster counties with the federal November 15 deadline. The committee adopted the substitute and then passed the bill with favorable expression. The committee also adopted a title amendment for House Bill 544, which Rep. Jason Petrie said was part of the state’s flood-relief discussion and would allow the guard cap to be used over the biennium rather than annually, effectively increasing the cap from $50 million per year to $100 million over two years; the measure passed with favorable expression. House Bill 552, handled by Rep. Josh Bray after Rep. Kim King’s absence, was described as simplifying tourist commission appointments. The committee substitute added creation of the Kentucky-Ireland Trade Commission and changed marina licensing agreements by exempting private contractors from the model procurement code. The committee adopted the substitute, approved a title amendment, and passed the bill with favorable expression. House Bill 605, sponsored by Rep. Kim King, clarified which grants qualify for a grant program and allowed cities or counties to apply on behalf of water districts or other entities not directly affiliated with them; Rebecca Hearts of Grant Ready Kentucky said the program had matched $103 million of the $200 million allocation, generating about $469.98 million in total project value. The committee adopted the title amendment and passed the bill with favorable expression. House Bill 606, by Rep. Wade Williams, added a capital-oversight reporting requirement for school district general obligation bonds that had been omitted from prior legislation. The committee substitute also made several budget and program adjustments, including moving Regional Training Center funds, accelerating funding for the Grand Lyric Theater, correcting water funding language, removing Odyssey Inc. language from a treatment-related item, fixing a double appropriation to LifeWorks Transition Academy, clarifying carry-forward language, allowing SRO reimbursements for public and non-public schools, and authorizing an additional $10 million in agency bonds for Western Kentucky University athletic facilities. The committee adopted the substitute, approved a title amendment, and passed the bill with favorable expression. The committee then spent the most time on House Bill 695, a Medicaid-related bill. Rep. Adam Bowling said the bill was intended to stabilize Medicaid, create oversight and advisory mechanisms, and address growth in the program. Cabinet for Health and Family Services Secretary Eric Friedlander and Medicaid CFO Steve Beckle said they were generally supportive of the transparency and reporting changes but flagged risks, including federal compliance concerns, budget growth from changing the drug rebate treatment, administrative costs tied to MCO rebidding and a managed long-term services study, and some data-collection challenges. Representatives from the Kentucky Association of Healthcare Facilities opposed the section calling for a managed long-term care reimbursement study, arguing it would be costly, duplicative, and likely ineffective, and they warned against managed care models for long-term care. Despite the concerns, the committee adopted the committee substitute by voice vote and moved the bill forward with favorable expression.
ND

North Dakota 2026 1st Special Session

Energy Development and Transmission Committee Jun 2nd, 2026

Energy Development and Transmission Committee

Transcript Highlights:
  • I actually have one, and it's related to the reclamation and the bonding.
  • I actually have one, and it's related to the reclamation and the bonding.
  • That's dead money to them if you're requiring that bond.
  • That's dead money to them if you're requiring that bond.
  • That's dead money to them if you're requiring that bond.
Summary: The committee met in Grand Forks, approved the February 26 minutes by voice vote, and recessed for a tour of the Mincota Power Cooperative headquarters before returning for presentations on large energy consumers, especially data centers. The first presentations focused on how North Dakota should respond to rapid growth in energy-intensive projects, with speakers emphasizing the need for reliable transmission, local decision-making tools, and factual information for county and township officials who are being asked to weigh major projects with limited staff and technical support. The North Dakota Transmission Authority director said local governments are being asked to make high-impact decisions on pipelines, transmission lines, large agriculture, wind, solar, carbon dioxide pipelines, direct-air capture, and data centers, and urged development of simple statewide decision tools and support from the League of Cities and Association of Counties. The Department of Environmental Quality’s air division director said North Dakota’s air remains among the cleanest in the nation, but large data centers can create air-quality concerns because of diesel backup generation; he said the department is requiring air monitors at some facilities and expects grid power and, potentially, cleaner natural gas backup to reduce emissions. Members asked about emissions standards, misinformation, monitoring costs, and staffing succession at DEQ. The Department of Water Resources director said North Dakota’s water law is based on common ownership and prior appropriation, and that data centers generally use relatively small amounts of water, often in closed-loop systems. He said the Missouri River and groundwater supplies are ample for projected needs, that the department’s permitting process protects senior water rights, and that even a worst-case data center scenario would use a very small share of Missouri River flow. Members asked about downstream impacts and compared data center water use with fracking. Later, McLean County State’s Attorney Ladd Erickson urged the committee to study how other states regulate data centers, warned against litigation-driven delays and overly broad local ordinances, argued reclamation bonding should be handled at the state level if at all, and said data centers can bring jobs and tax base but should remain subject to local zoning. The committee ended the morning session for lunch and later heard an EERC update from CEO Charles Gorecki on the center’s 75 years of work in energy and environmental technologies, especially oil and gas development and related research.