Transcript Highlights:

• I HAVE LEARNED THIS MUCH, THERE IS BETWEEN TRAILING AND WATCHING CFO INGOGLIA, WELCOME TO YOUR FIRST

Transcript Highlights:

• And I really want to thank the folks from LRO and CFO for all the work that you put into it over the

Transcript Highlights:

• Stevie Smith, CFO, Arkansas Department of Veterans Affairs. Thank you, gentlemen. Ms.

Committee: All LEGISLATIVE JOINT AUDITING-STATE AGENCIES

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.

Transcript Highlights:

• I'd like to recognize Michael Sokolowski, who is the CFO for Valor Health in Emmett, and who is here

Transcript Highlights:

• My name is Sheila Loudoni and I serve as a CFO for the city of Galveston.

Bills: SB263 , SB467 , SB850 , SB1030 , SB1352 , SB1453 , SB2064 , SB2206 , SB2779 , SJR84

Committee: House Ways & Means

Keywords: SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction, margin tax, Texas Tax Code, depreciation, amortization, broadcast rights

Transcript Highlights:

• CFO Petronus, Jimmy P.

Summary: The Senate convened with a quorum, opened with prayer, the Pledge of Allegiance, presentation of the colors, and the national anthem. The chamber welcomed cabinet members, Supreme Court justices, former Senate presidents and colleagues, and other guests. Senators also observed moments of silence honoring former Senator Geraldine Thompson and former Congressman Lincoln Diaz-Balart, and the Senate dedicated its 2024-2026 handbook to Thompson in recognition of her work in education and civics. The main action of the day was adoption of SCR 1294, which authorized the House and Senate to meet in joint session in the House chamber at 11 a.m. that day to receive a message from Governor Ron DeSantis. The resolution was adopted without objection, rules were waived, and it was immediately certified to the House. The Secretary was also directed to notify the House and Governor that the Senate was convened and ready to proceed with the 2025 regular session. In a lengthy opening-day address, the President outlined the session’s priorities, emphasizing rural Florida, citrus and agriculture, government efficiency, IT and cybersecurity reform, administrative rule review, affordability, insurance and property tax relief, autism services, veterans’ support, mental health and child welfare legislation, Everglades restoration, public school administrative efficiency, and food insecurity. No substantive debate or roll-call votes were taken beyond the unanimous adoption of the concurrent resolution. The Senate then adjourned until March 12, 2025, or upon the call of the President.

Transcript Highlights:

• Joseph Mica, Chairman of the New Hampshire Liquor Commission, and with me, Tina Deir, our CFO.
• Tina is a 30-year employee of the Liquor Commission and she's done a wonderful job as CFO running it.
• and to to your point Mr chairman CFO and to to your point Mr chairman that's<04:27:04.960><c> exactly
• > Mission and she's done a wonderful job Mission and she's done a wonderful job as<04:28:14.359><c> CFO
• running it down on page three as CFO running it down on page three we'll<04:28:18.319><c> look</c><04

Summary: The committee held a public hearing on House Bill 552, which would remove the “full-time student” requirement for children ages 19 to 25 covered under the state retiree health insurance plan. The prime sponsor said the change would align retiree coverage with state employee and ACA plans, would not cost taxpayers because retirees pay the premiums, and could even reduce administrative burden and possibly state costs. The chair noted the bill simply removes the words “if full-time student” from statute and said the proposal affects very few retirees and has no cost to the state. No opposition was presented, and the chair closed the hearing on HB 552 after no further testimony. The committee then opened a public hearing on House Bill 648, which would require commercial insurance coverage for glucose monitoring devices and supplies for people with diabetes. The prime sponsor, a retired dietitian and diabetes educator, gave extensive testimony describing diabetes as common, costly, and serious, and argued that continuous glucose monitoring is important for managing type 2 and gestational diabetes, preventing hypoglycemia, and improving safety and decision-making. She said CGMs can alert users to dangerous blood sugar changes, help people understand how food, activity, and medication affect glucose, and save lives while offering a strong return on investment. During questions, a committee member asked whether the bill should specify that the monitoring be tied to prescribed treatment, and the sponsor agreed that adding “prescribed” would be appropriate. The member also asked about the proper threshold for coverage and whether the bill should be tied to fasting-test diagnosis; the sponsor responded that A1C is only one measure of control and does not show daily fluctuations, and said she was not prepared to recommend a specific threshold but could provide clinical guidelines later. No vote was taken during the hearing, and the sponsor indicated support for the bill’s general approach to broader CGM access.

Transcript Highlights:

• I'm joined here by my team, including Deputy Secretary Susan Terry, Chief Strategy and CFO Emmy Joy Maffeo
• financially because the person to my right would have jumped up and down, but Michelle Smallto, who is the CFO
• was going to offer to do this, but I want to give my superintendent and assistant superintendent and CFO
• I want to introduce CFO Brittany Johnson, who joined the staff last July.
• million budget, and it made a difference for us, and I appreciate all the work and the initiative that CFO

Committee: Joint Joint Committee on Ways and Means

Summary: The hearing was held in Clinton Town Hall as part of the Joint Committee on Ways and Means’ budget review, with local officials welcoming legislators and noting the long agenda of many panels. The main presentation was from Secretary Terrence Reedy of the Executive Office of Public Safety and Security, who outlined the Healey-Driscoll administration’s FY26 proposal for the secretariat, including a $1.7 billion budget and a 7% increase over FY25. He described investments in emergency preparedness, hate-crime prevention, reentry programming, technology modernization, internships, and public safety training, while also noting some reductions driven by resource constraints, including cuts to certain grant programs and administrative costs. Committee members also raised concerns about federal uncertainty and how it could affect state budgets and public safety planning. A major portion of the questioning focused on the Department of Correction. Secretary Reedy and Commissioner Sean Jenkins said the biggest challenges are staffing, officer wellness, facility safety, and contraband—especially K2. They described steps taken at MCI Souza and other facilities, including reducing population at the maximum-security unit, changing management, removing metal products and free weights, improving screening and roll calls, adding a rapid response team, and increasing investigative and technological efforts to combat K2. They also discussed the closure of MCI Concord, saying it was driven by high maintenance costs and staffing needs, and explained that savings are being used to improve staffing patterns and address deferred maintenance over time rather than producing immediate large budget reductions. Members also questioned the budget’s impact on police training and community policing. The administration defended the increase in police academy tuition from $3,200 to $6,000 as reflecting true training costs and said it would still be subsidized by the state, while acknowledging the burden on small municipalities. They said the MPTC is expanding regional training and considering proposals such as Greenfield Community College’s. On community policing, officials emphasized uniform statewide training, de-escalation, and communication skills. The State Police also announced an outside review of the academy by the International Association of Chiefs of Police and said the next class will be split into two smaller groups to improve oversight and allow quicker implementation of recommendations. Other topics included ICE and federal immigration enforcement, with Reedy saying state law prohibits Massachusetts law enforcement from acting in a civil immigration capacity and that no state dollars were used in the Tufts-related ICE operation mentioned by a member. Senators and representatives also raised the upcoming FIFA World Cup, warning that it will require significant public safety resources and likely federal funding. Additional discussion covered restorative justice and juvenile diversion, health care costs in DOC, electronic health records, and the need for more diverse and culturally competent public safety staffing. No votes were taken during the hearing.

Transcript Highlights:

• When I arrived here, Myerin France had just stepped out of the CFO role.
• The university had no CFO in place at the time.
• When I arrived here, Myerin France had just stepped out of the CFO role.
• The university had no CFO in place at the time.
• knowledge to be able to get us from that time of the newness of my administration through the hiring of a CFO

Committee: House Higher Education Finance and Policy

Transcript Highlights:

• Uh, those consist of Scott Wells, that is the uh owner and CFO of Spark Recovery.
• the</c><00:03:50.799><c> uh</c><00:03:51.040><c> owner</c><00:03:51.360><c> and</c><00:03:51.599><c> CFO
• </c><00:03:52.080><c> of</c> Wells that is the uh owner and CFO of Wells that is the uh owner and CFO
• I'm the CFO for Goodwill Kentucky and the superintendent of the school. >> My name is Viviana Anderson

Summary: The committee first heard a presentation from Kentucky Recovery Vocational Workforce and Re-entry Incorporated, led by Executive Director Jerick D'vor, on its vocational training model for people in recovery and formerly incarcerated individuals. He said the nonprofit operates in Russell Springs and serves students from across Kentucky, offering manufacturing and welding training tied to recovery services through Spark Recovery. D'vor emphasized that the program combines treatment, soft-skills coaching, job placement, and continued support after employment, arguing that training should begin around 90 days into recovery rather than earlier. He reported strong outcomes, including 292 students served, 259 certificates earned, and 250 job placements, with many participants placed in manufacturing jobs and 17 welders trained and placed through the new welding academy. Members praised the program but asked about funding, retention, and employability barriers. D'vor said the pilot was supported by opioid abatement grant funding, and the program now relies mainly on donor contributions and Spark Recovery’s investment in clients, with possible future support from additional opioid abatement funds or 1915(i) mechanisms. He said participants are not charged tuition and that the organization provides soft-skills training and job coaches. In response to questions about long-term outcomes, he said the program does not yet have a full alumni tracking system but is exploring technology options and continues to provide post-employment support for 90 days. After approving the committee minutes, members received an update on college athletics and Senate Bill 3 from University of Louisville Athletic Director Josh Heird and University of Kentucky Athletic Director Mitch Barnhart. They said Kentucky’s NIL framework and reporting requirements are working reasonably well and praised the state for not trying to create a competitive advantage in the evolving college sports environment. Heird reported that 521 student-athletes have signed up for NILGO and about 240 deals have been approved through the system, while noting the need to ensure NIL agreements are legitimate marketplace deals rather than artificial payments. The discussion also touched on the House settlement, the $600 approval threshold, and broader federal changes affecting college athletics.

Transcript Highlights:

• CFO Bill Cyber has as well. So it's been a really fruitful relationship for us.
• believe has happened in the past, that would be helpful, right, because as we all know, especially as a CFO
• because as we all know as especially<01:03:06.480><c> as</c><01:03:06.599><c> a</c><01:03:06.720><c> CFO
• </c><01:03:07.480><c> at</c><01:03:07.640><c> central</c><01:03:08.119><c> care</c> especially as a CFO
• at central care especially as a CFO at central care we're<01:03:08.960><c> always</c><01:03:09.319><

Bills: HF2090 , HF982 , HF2229

Committee: House Higher Education Finance and Policy

Keywords: higher education, scholarship, financial aid, state grant, tuition assistance, Pell grants, student retention, education equity, disabled veterans, veterans' dependents, dependent children, college affordability, books and fees, University of Minnesota, public colleges, Office of Higher Education, veterans benefits, military families, permanent disability, 100 percent disability

Transcript Highlights:

• Natalie serves as the As the CFO, head of all things administration, everything but academics at Plymouth
• Director Caitlyn Davis from the Department of Education, Commissioner, and we have Tammy Valcourt, our CFO

Summary: The hearing reconvened with testimony from several agencies on their capital budget requests. The Department of Environmental Services requested a little over $38 million, with major emphasis on dam repairs and design work for aging state-owned dams, including a $5.25 million match for possible FEMA BRIC funding at Pawtuckaway/Tuckaway and other projects such as Milton Three Ponds, Murphy Dam, and Lakeport Gates. DES also requested funding for state revolving loan fund matches, a Superfund match for the Savage Well site, IT and air-monitoring upgrades, and a new $750,000 cybersecurity request for water and wastewater systems. Committee members asked about FEMA eligibility, the distinction between design and construction money, and the timing and risk of banking funds if federal grants do not materialize. The University System of New Hampshire requested $20 million in state support, primarily $15 million for a major Diamond Library renovation at UNH to create a student support hub and reduce/repurpose collection space, plus $2.5 million each for deferred maintenance at Plymouth State and Keene State. The Community College System requested about $16.6 million across seven projects, led by critical maintenance, campus safety/security upgrades, IT infrastructure, parking and site improvements, HVAC replacement at White Mountains Community College in Littleton, a building management/energy system, and modernization of NHTI’s dental clinic and radiology spaces. The Department of Education requested $29.5 million, including a $4.9 million internal management platform to replace paper-based and siloed systems, plus career and technical education capital projects; Milford’s CTE project was described as being revised after repeated failed bond votes, while ConVal said its revised project would focus on modernizing existing CTE space and adding a security vestibule. Fish and Game requested $1.075 million for three facilities: Sewall Falls in Concord, the Lancaster Armory, and the Bunker Lane Barn in Durham, focusing on structural repairs, security, reconfiguration, and in one case replacement of a failing barn with a new 40-by-60 building. The department also said hatchery work is ongoing but that it is taking a cautious approach because of the planned New Hampton Hatchery and future capital needs. The Department of Natural and Cultural Resources requested $9.26 million for eight projects, including campground electrical upgrades at Ellacoya and Lake Francis, White Lake water system replacement, Mount Washington fuel tank and safety work, Odiorne Point visitor center work funded through parks revenue, roofing and parking lot repairs, Fox Forest office safety upgrades, and historic site repairs at White Island and Fort Constitution. Members asked about revenue-based capital, the stability of the parks fund, and flexibility in choosing projects as bids come in. The Department of Transportation began its presentation at the end of the transcript, but its detailed requests were not yet discussed.

Transcript Highlights:

• Professionally, I'm the CFO of condominium financial management, located in Walnut Creek.
• Professionally, I'm the CFO of condominium financial management, low-dicated in Walnut Creek.

Committee: House Judiciary

Transcript Highlights:

• Joe Princey, the CFO and SVP/CFO at Jaundar Credit Union, Lowell, Massachusetts.

Summary: The commission met to continue studying credit card payments, interchange fees, fraud, chargebacks, and the impact of card processing costs on small businesses, especially restaurants and retailers. Members heard extensive testimony from credit unions, retailers, restaurant owners, payment-industry representatives, and an airline trade group. Supporters of reform argued that swipe fees are a major and rising expense, that businesses are paying fees on sales tax and tips that are merely pass-through amounts, and that merchants have little negotiating power. Several restaurant and retail witnesses described thin margins, higher costs for card-not-present transactions, and chargebacks that they said usually favor cardholders and leave merchants absorbing losses and fees. Witnesses from the Cooperative Credit Union Association cautioned that state-level interchange regulation could reduce revenue used for fraud prevention, compliance, and member services, and could lead to higher rates or reduced access. Retail and restaurant representatives countered that fees have risen sharply, that statements are difficult to decipher, and that rewards programs and card-network pricing are subsidized by merchants and ultimately by all consumers. The Massachusetts Restaurant Association and independent operators urged legislation to bar fees on tax and tip portions of transactions and to allow businesses to pass along card fees if they choose, saying this would improve transparency and fairness and help keep small restaurants open. Other testimony came from the National Restaurant Association, which supported interchange reform and said modern point-of-sale systems can already separate tax and tip amounts, and from a payments-industry group that emphasized the broader economic benefits of digital payments and warned against state-by-state rules. Airlines for America opposed changes that could undermine airline credit card rewards programs. Commission members asked detailed questions about fee structures, card types, chargebacks, POS systems, and whether consumers paying cash are also affected. No votes or formal actions were taken at the meeting.

Transcript Highlights:

• million to fraudsters after attending a video conference where every other participant, including the CFO
• million to fraudsters after attending a video conference where every other participant, including the CFO

Summary: The committee held its first hearing and took up several privacy, AI, and consumer protection bills. SB 1106 (Cabaldon) would shorten the Delete Act data broker deletion response deadline from 45 days to 30 days; it received support from the California Initiative for Technology and Democracy, one senator said they would lay off pending implementation of the original law, and the bill passed on a due-pass motion to Appropriations with a 5-0 vote on call. SB 923 (Becker) would expand the CCPA deletion right to all personal information held by businesses and require online-only businesses to offer a web form or similar method for privacy requests; supporters included the California Privacy Protection Agency and privacy groups, while business groups raised concerns about scope, compliance, and the email/web-form requirement. The committee advanced it 6-0 to Appropriations, on call, with members noting continued work on amendments. SB 1142 (Becker) would regulate digital replicas and deepfakes, including takedown and notice provisions for large online platforms and protections against misuse of a person’s likeness, voice, or identity. Supporters emphasized harms from non-consensual synthetic media and fraud; opponents, including the Motion Picture Association and tech industry groups, raised First Amendment, due process, Section 230, and overbreadth concerns, especially around deceased persons and the 48-hour takedown process. Members said they would support the bill while working on constitutional issues, and it passed 6-0 to Judiciary, on call. The committee also adopted its rules without objection. The committee then heard several member bills. SB 867 (Padilla) would impose a four-year moratorium on AI chatbot-powered toys for children; supporters cited research showing sexual content, dangerous advice, and privacy risks, while opponents asked for narrower definitions and retailer liability protections. It passed 7-0 to Appropriations, on call. SB 1247 (Padilla) would give child influencers a right to request deletion or modification of images and likenesses used in monetized social media content; there was little testimony beyond a civil justice group’s opposition to a new private right of action, and it passed 7-0 to Judiciary, on call. SB 1114 (Cabaldon) would restrict sharing of state-collected LGBTQ-related data absent an enforceable order; Equality California and other advocates supported it as a safeguard against misuse of sensitive data, and it passed 6-0 to Appropriations, on call. SB 1159 (Cabaldon) would limit local governments’ obligation to treat AI bots and agents as persons in public participation and records processes; supporters said AI-generated comment floods and requests can drown out human participation, while opponents argued the bill should focus on fraud and warned about overreach. It passed 9-0 to Appropriations. Finally, SB 1050 (Ashby) would require disclosures when advertisements use AI-generated synthetic performers; supporters framed it as a truth-in-advertising and worker-protection measure, while opponents urged narrower, materiality-based standards and exemptions for broadcasters. Members generally supported the goal but raised concerns about breadth and alignment with existing law, and the bill was moved forward on a due-pass motion to Judiciary.

Transcript Highlights:

• With that, I’m just going to have our CFO, Kayla Axman, go through our budget here with you real quick
• I’m the CFO for North Dakota Housing Finance. Before you, we have what was in Senate Bill 2014.

Summary: The committee met as the Regulatory Division of the budget section and received updates on several Industrial Commission-related agencies and programs. Legislative Council first reviewed base budget materials, then the North Dakota Housing Finance Agency reported on its current appropriation and staffing, noting that its new FTEs were being filled gradually and that it remained largely funded through special and federal funds. Agency leaders described homeownership lending, loan servicing, and housing incentive fund activity, including below-market mortgage rates, down payment assistance, and a growing servicing portfolio that has increased workload but not yet required additional FTEs. Housing Finance also detailed use of the Housing Incentive Fund and homeless grant dollars. Officials said the multifamily HIF round drew more than $73 million in requests and awarded $25 million, while the single-family program supported rural development and community land trusts. Homeless grant funding was split between emergency shelter, prevention, and rapid rehousing, with performance-based scoring used to renew or reallocate awards. Members discussed housing affordability, aging households, rental assistance, and the need to coordinate housing and site-preparation messaging with Commerce. The agency asked that HIF, single-family, and homeless funding be maintained or increased in the next session. The Department of Mineral Resources then presented its budget and operations update. Staff said the agency was on track financially, had filled most of its new reclamation FTEs, and was not expecting major litigation costs beyond normal late-biennium invoices. The director reviewed agency initiatives including Project North Star IT modernization, organizational restructuring, succession planning, rulemaking, and implementation of the development incentive well tax program and critical minerals rules. He also discussed oil and gas activity, explaining that longer laterals, especially three- and four-mile wells and the first five-mile spacing case, are helping keep production relatively flat even as rig counts ease. Members asked about gas capture, hedging, break-even prices, and the effects of Iran and Venezuela on oil markets. The committee also heard about enhanced oil recovery grants and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with total awards reaching about $45.1 million when other fund balances were included, subject to a possible 5% reduction if federal DOE money does not materialize. Officials said the projects are public, reimbursement-based, and will produce results over the next several years. Finally, the Pipeline Authority outlined natural gas transmission projects, including the imminent Bakken Express line and the proposed Bakken East project, which WBI was selected to advance after an Industrial Commission RFI process. The project is moving through open season, survey permission, and regulatory work, with in-service dates projected for 2029 and 2030.

Transcript Highlights:

• With that, I'm just going to have our CFO, Kayla Axman, go through our budget here with you real quick
• I'm the CFO for North Dakota Housing Finance. Before you, we have what was in Senate Bill 2014.

Summary: The committee met as the Budget Section’s Regulatory Division and first reviewed base budget materials for the North Dakota Housing Finance Agency and the Department of Mineral Resources. Legislative Council explained the blue-sheet budget summaries and historical funding trends. The Housing Finance Agency then reported on its ongoing homeownership, housing incentive, and homelessness programs, noting that its new FTEs are being filled, loan servicing remains above benchmark, and the agency is operating largely on special and federal funds rather than general fund dollars. Housing Finance officials said the Housing Incentive Fund continues to be heavily oversubscribed, with requests far exceeding available dollars, and described how funds are being used for multifamily gap financing, rural single-family development, community land trusts, and homeless prevention/rapid rehousing. Members asked about performance measures, the number of people served, and the relationship between housing costs, wages, and homelessness. The agency said it uses scoring criteria tied to performance and outcomes, and requested that the Legislature maintain or increase funding for HIF, single-family housing, and homeless grants. Committee members also discussed the need to coordinate housing finance efforts with Commerce and broader site-preparation and workforce issues. The Department of Mineral Resources reported that it is on track with its budget, has filled most of its newly authorized reclamation positions, and is moving ahead on several initiatives, including IT modernization through Project North Star, organizational succession planning, and rulemaking for critical minerals and oil and gas programs. The director gave an extensive update on oil and gas activity, explaining that longer laterals and operational efficiencies are keeping production relatively flat even as rig counts decline, and that gas capture remains around 95 percent. Members asked about oil prices, hedging, spacing units, and the effects of geopolitical events on markets and state revenues. The committee also received an update on the enhanced oil recovery grant program and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with additional oil and gas research funds also committed, and officials said the projects will require public status reports and final reports. The Pipeline Authority described major natural gas transmission projects, including the upcoming Bakken Express line and the proposed Bakken East project, which recently completed a binding open season after the Industrial Commission selected WBI Energy’s proposal to move forward.

Transcript Highlights:

• With that, I'm just going to have our CFO, Kayla Axman, just go through our budget here with you real
• I'm the CFO for North Dakota Housing Finance. Before you, we have what was in Senate Bill 2014.

Summary: The committee met as the Regulatory Division budget section and first reviewed the North Dakota Housing Finance Agency’s budget and program update. Legislative Council outlined the agency’s base budget and historical funding, and Housing Finance staff reported on homeownership lending, housing incentive fund (HIF) awards, and homeless grant spending. Agency officials said the five new FTEs approved last session are mostly filled, with one homeless program manager still open. They described strong demand for HIF, noting that September 2025 multifamily requests exceeded $73 million while only $25 million was available, and that single-family and homeless programs are also heavily subscribed. Members discussed the agency’s local loan servicing workload, interest-rate benefits, down payment assistance, and the need to coordinate housing discussions with Commerce and site-preparation efforts. The agency asked that HIF, single-family, and homeless funding be maintained or increased, and committee members emphasized accountability and statewide access for homeless prevention and rapid rehousing funds. The Department of Mineral Resources then presented its budget and agency initiatives. Staff reported that the department is on track financially, that most of the five new reclamation-related FTEs are hired, and that litigation costs tied to oil and gas matters are expected to continue appearing late in the biennium. The director reviewed ongoing modernization and organizational efforts, including the North Star IT project, succession planning, training, and rulemaking for oil and gas and critical minerals. Members asked about longer laterals, spacing, and production trends; the department said operators are increasingly drilling three-, four-, and even an initial five-mile lateral, which is helping keep North Dakota oil production relatively flat even as rig counts ease. The director also discussed oil price volatility tied to Middle East conflict, hedging practices among producers, gas capture remaining around 95%, and the likelihood that current production levels will stay near flat unless prices or geopolitical conditions change significantly. An update on the enhanced oil recovery grant program followed. The Industrial Commission’s grant administrator said the full $25 million appropriation was allocated in the fall to six projects, and because the oil and gas research fund also had carryover and biennial tax revenue, total awards reached about $45.1 million. The projects are expected to run two to four years, with meaningful results not likely until mid-2026 or later. Members questioned whether the public would have access to the research findings and how accountability would be maintained; staff said the grants are reimbursement-based, require regular status reports, and will culminate in public final reports. The committee also heard from the North Dakota Pipeline Authority, which updated members on natural gas transmission projects, especially WBI Energy’s proposed Bakken East pipeline. The authority said the project has advanced through a nonbinding and then binding open season, with WBI now securing survey permissions and moving through regulatory and landowner processes, while other related gas transmission projects near Minot and Epping are also in development.

Transcript Highlights:

• She's our new CFO and our Budget Director, General Clokey, and also our Deputy Cabinet Secretary, Havid
• And our CFO, Amanda Armstrong, is also here if you have any questions, specific questions about our budget

Committee: House House Appropriations & Finance

Transcript Highlights:

• two appointees: one governor appointee being the DFA secretary, the other being an appointee who is a CFO
• We have Anna Williams, our Deputy Director, Lynette Sanders, our CFO, Anthony Montoya, our General Counsel

Committee: House House Appropriations & Finance