Video & Transcript Research : 'asset test'
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US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 24, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- For too long, the United States has relied on foreign launch services and assets, leaving assets to geopolitical
- For too long, the United States has relied on foreign launch services and assets, leaving assets to geopolitical
- For too long, the United States has relied on foreign launch services and assets, leaving assets to geopolitical
- For too long, the United States has relied on foreign launch services and assets, leaving assets to geopolitical
- For too long, the United States has relied on foreign launch services and assets, leaving assets to geopolitical
TX
Texas 89th Regular
Appropriations - S/C on Article III Feb 27th, 2025
Appropriations - S/C on Article III
Transcript Highlights:
- Drug testing, parimutuel racing animals. You said there was a, is there a decreased TVMDL testing?
- to discontinue all drug testing for racing animals due to a decline in drug testing. revenue.
- pattern so they will discontinue testing base horses for the drug testing.
- There's just only so many assets across the nation, you know.
- It's just, those assets weren't working.
FL
Florida 2026 Regular Session
Joint Legislative Auditing Committee Feb 3rd, 2025
Transcript Highlights:
- We also have findings related to federal findings related to eligibility and special tests and provisions
- For example, at one school district where we tested 30 individuals, we found 11 of the individuals had
- not received a background screening for six to 13 years after their previous test.
- not received a background screening for six to 13 years after their previous test.
- During our testing, at the time of our test, we noted that some of these items were not placed on the
Summary:
The Joint Legislative Auditing Committee received a presentation from Auditor General staff on recurring findings from audits of district school boards, colleges, and universities. For school districts, the main issues discussed included missing or outdated safe-school officer training documentation, weak purchasing-card controls, vendor banking-change fraud risks, incomplete background screenings and disqualification-list procedures, missing website budget disclosures, excessive or untimely IT access, late deactivation of former employees’ access, missed emergency drill deadlines, inaccurate capital outlay and resiliency education records, weak tangible property inventories, adult education reporting errors, untimely bank reconciliations, and improper use of workforce development funds. The auditors said many of these issues are repeated from prior years and are summarized in their annual report on significant findings and financial trends.
For universities and colleges, the auditors highlighted similar control weaknesses, including vendor information change controls, IT access issues, cash and investment reconciliation problems, purchasing and procurement deficiencies, personnel and compensation issues, and student fee compliance concerns. Specific examples included a UF consulting contract totaling about $6 million, FAU underreporting carry-forward balances by about $77 million, UCF’s payment loss of about $107,000 from an email scam tied to vendor changes, and a North Florida College unauthorized transfer involving a few hundred thousand dollars. The committee asked questions about the UF consulting work, the FAU carry-forward issue, and whether the listed findings meant every named entity had every issue; auditors clarified that the lists reflected entities with findings in those categories, not necessarily each specific problem.
The committee then turned to enforcement for entities with long-standing uncorrected audit findings. Staff reported 144 entities with 197 findings repeated in three or more successive audit reports and recommended sending letters requesting updated corrective-action status, including for late-filed 2022-2023 reports where appropriate. The committee approved the staff recommendation and directed letters to be sent. The meeting ended with members emphasizing the importance of audit oversight and taxpayer accountability.
AZ
Arizona 2026 Regular Session
06/02/2026 - Senate Ad Hoc Committee on Elder Abuse
Senate Ad Hoc Committee on Elder Abuse
Transcript Highlights:
- Over time, concerns arose regarding management of my mother's assets.
- Court-appointed fiduciaries and guardians have significantly more authority over the lives and assets
- My revocable trust allowed me to spend assets as I wish, even though Charlotte was incapacitated.
- They say I didn't have the right to take assets out of the trust.
- I would have never failed a test.
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Article III Feb 27th, 2025
Appropriations - S/C on Article III
Transcript Highlights:
- Um, drug testing, para-mutual racing animals.
- animals due to a decline in drug testing.
- So they will discontinue testing race horses for. The drug testing. That is their intent, yes.
- So, um, it does not reflect an end to the testing, just our funding of it.
- Uh, there's just only so many assets across the nation.
AR
Arkansas 2026 Regular Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- A detailed fixed asset listing was not established.
- A detailed fixed asset listing was not established.
- While citing fixed assets, we were unable to locate three of the four computers on their fixed asset
- And it is an asset of the city. Right, exactly.
- You know, it's an asset of the county.
MN
Minnesota 2025-2026 Regular Session
Legislative Audit Commission 11/4/25
Minnesota House Floor Meeting
Transcript Highlights:
- <00:05:09.280>
were The audit areas that we tested were The audit areas that we tested were - So that resulted in an overpayment of $7,400. tested it. We found that two of 25 state tested it.
- Um, and the assets.
- It should be an automatic response to a receipt for caring for an asset, whether it's a capital asset
- have been a great asset to our office. have been a great asset to our office.
Summary:
The committee heard a presentation from the legislative auditor on a performance audit of the governor’s office and lieutenant governor’s office covering July 1, 2022 through December 31, 2024. The audit reviewed receipts, inventory, payroll, and non-payroll expenditures and found 12 findings, concluding the office generally did not comply with the criteria tested because of internal control deficiencies. The auditor said four of five prior findings that remained relevant were not fully resolved, and that the problems were widespread across financial operations, creating opportunities for waste and fraud, though no evidence of wrongdoing or misuse of funds was found.
The main findings involved weak segregation of duties, late vendor payments, inaccurate reimbursements and vendor payments, missing documentation, and poor receipt management. Auditors said one employee handled purchasing, receiving, payment processing, and inventory functions without adequate oversight; vendors were often paid late, resulting in more than $1,000 in late/reactivation fees; reimbursements and some state airplane payments contained errors; and many vendor payments, reimbursements, and purchasing card transactions lacked required support. The office also failed to collect about $12,000 for events at the governor’s residence, did not fully process several deposits, and lacked documentation for some billed or deposited amounts.
Members reacted strongly to the repeated control failures and the lack of documentation, with several saying the issues were pervasive and concerning even if the dollar amounts were not large. Questions focused on whether the problems reflected different treatment of vendors versus employee expenses, whether restitution was being sought, and whether legislation was needed. The auditor responded that the state already has the necessary policies and procedures, and that the issue is implementation and oversight by the governor’s office, not new legislation. The auditor also said the governor’s office had been receptive and had begun taking steps to address the findings.
TX
Texas 89th Regular
Appropriations - S/C on Articles I, IV, & V Feb 26th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- As population growth increases, demand for driver's license applications and testing DPS is requesting
- offset by a decrease of nine million. for one-time costs associated with the forensic toxicology testing
- Figure four shows the three most common types of forensic testing and the number of cases completed for
- We can track our assets and we can also control access to these databases for a lot of.
- These seizures would not happen without those air assets.
AZ
Transcript Highlights:
- assets overseas in danger.
- Have you taken the test?
- Currently, I take the Air Force fitness test. Okay, but— Fitness tests in my career.
- Currently, I take the Air Force fitness test.
- And that test still breaks down... And that test still breaks down by gender and age.
FL
Transcript Highlights:
- These programs educate and test repair technicians and certify those that meet the highest standards.
- It modernizes our laws on intangible assets.
- Tab 30, CS for CS for SB 1346, on fentanyl testing, by Senator Polsky.
- urine testing they conduct to treat individuals for possible drug overdose or poisoning.
- It also requires follow-up testing if the test results are positive, and it requires the results of tests
Summary:
The Rules Committee took up a large agenda of bills, with many measures reported favorably after brief explanations, amendments, and testimony. Early bills included CS/SB 658 on lien waivers and releases, which was amended to preserve enforceability despite form differences and then passed; CS/CS/SB 736 on brownfields redevelopment, which drew support from business and redevelopment interests and passed; and CS/SB 1002 on utility service restrictions, which was amended to bar certain building or fire code provisions affecting fuel-source choices and then passed despite opposition from environmental advocates.
The committee also advanced CS/CS/SB 1132 on right-to-repair for certain equipment, where manufacturers, dealer representatives, and industry groups warned the bill could undermine dealer networks and existing repair programs, while supporters argued it would improve consumer access and help farmers and equipment owners. The bill still passed. Other measures reported favorably included CS/SB 1378 on restitution for leaving the scene of property-damage crashes, CS/CS/SB 768 on foreign-country controlling interests in health care licensing, CS/SB 772 on school access to glucagon for diabetes emergencies, CS/SB 1400 on removal of nonconsensual altered sexual depictions, and CS/SB 1696 on transportation network company impersonation and transit funding.
A major portion of the meeting focused on affordable housing. CS/SB 1730, a follow-up to the Live Local Act, made several changes to zoning, height, density, parking, moratorium, and enforcement provisions, with members raising concerns about parking reductions, attorney’s fees, local control, and impacts in the Keys and other sensitive areas. Supporters said the bill closes loopholes and improves workforce housing implementation, while some witnesses urged additional exemptions for areas of critical state concern. The bill was reported favorably after amendment.
Later, the committee considered several bills from Senator Leak, including CS/SB 576 on service of process, CS/SB 606 on public lodging and food service establishments, and CS/SB 1164 on electronic delivery of landlord-tenant notices. CS/SB 606 drew substantial debate over whether hotels and extended-stay properties should be able to remove nonpaying guests without treating them like residential tenants; the sponsor said the bill clarifies transient occupancy and removes mandatory arrest provisions, and it passed. CS/SB 1164, which allows email notice delivery by agreement, passed despite concerns from tenant advocates that the bill should include clearer consent and safeguards. The committee also approved CS/SB 1374 on school district reporting of educator arrests and misconduct, CS/SB 940 on third-party restaurant reservation sales, and began hearing CS/SB 1690 on surrendered infants, which would authorize infant safety devices or “baby boxes” as a legal surrender option, with supportive testimony from proponents describing crisis situations and the need for anonymous surrender options.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm
Joint Committee on Transportation
Transcript Highlights:
- , and as Secretary Eng highlighted, we proposed $200 million for the MBTA to modernize the MBTA's assets
- Those assets provide access to recreation and enjoyment for residents and visitors, but many of them
- reliability, safety, pavement and bridge condition, and resilience overall of the transportation assets
- They preserve open space, they connect residents to assets across the Commonwealth, and they support
- They preserve open space, they connect residents to assets across the Commonwealth, and they support
Summary:
The committee heard testimony on House Bill 4987, the administration’s transportation bond bill centered on Chapter 90 roadway funding and related capital programs. Administration officials described the bill as a roughly $5.5 billion package that would continue $300 million per year for Chapter 90 over four years, with part of the funding distributed by the traditional formula and an additional $100 million based solely on road miles to better support rural and smaller communities. They also highlighted authorizations for municipal pavement work, Shared Streets and Spaces grants, accelerated bridge and pavement repairs, MBTA rail modernization and reliability, housing-related transportation improvements, and a new DCR-focused PRISM program for parkways and related infrastructure. Officials emphasized that the bill is financed through the Commonwealth Transportation Fund and Fair Share revenues, and said it would help municipalities plan more predictably, speed project delivery, and support housing, safety, and climate goals.
Committee members and witnesses discussed the bill’s broader scope beyond traditional Chapter 90, especially the $200 million for transportation projects that support housing development and the $200 million for MBTA modernization and rail reliability. Members asked about the rationale for a four-year authorization amid fiscal uncertainty, federal funding volatility, and the status of commuter rail electrification. Administration officials responded that the capital authorization is backed by dedicated transportation revenues rather than the operating budget, and said multi-year certainty helps cities and towns make better long-term repair decisions. They also said the MBTA’s rail modernization funds would support locomotive procurements, including battery-electric and Tier 4 diesel locomotives, as part of a longer-term regional rail and electrification strategy.
Municipal officials and regional advocates strongly supported the bill. The Massachusetts Municipal Association, along with town and city officials from Sherborn, Conway, and Yarmouth, said the increased Chapter 90 funding and road-mile-based distribution are especially important for small and rural communities with limited local revenue capacity, and that multi-year funding would let them bundle projects, bid at better prices, and address backlogs more proactively. A Better City and MAPC also supported the bill but urged the committee to treat it like a traditional bond bill by adding policy provisions and considering new transportation revenue tools, such as TNC fee changes, road pricing, parking taxes, and other mechanisms. The committee took no vote during the hearing and adjourned after testimony concluded.
TX
Transcript Highlights:
- It was the requirement for a motor fuel transporter applicant to attend a test.
- After being able to test for that also.
- Do you have the assets on the ground?
- I don't know if truckers would allow another company to use their assets.
- how we could utilize that asset forfeiture...
Keywords:
overweight vehicle, vehicle weight limits, hazardous materials, hazmat, cargo tank, fuel transport, trucking, commercial vehicle, Transportation Code, criminal penalty, second-degree felony, loading violation, truck weight, axle weight, gross weight, public safety, commercial carrier, Texas, commercial truck, truck route
TX
Transcript Highlights:
- The team had command presence, getting assets on the water and in the air via drone and helicopter for
- Over 475 assets were employed during those responses. 33 life saving evacuations happened that morning
- Uh, you know, you've mentioned the cooperation between state assets.
- Now, luckily we've turned most of those assets into day use only, so not having RVs or campsites down
- Did we have, I was looking at the, the map of all of our assets on the historical side.
FL
Florida 2026 5th Special Session
Rules Apr 8th, 2025
Transcript Highlights:
- These programs educate and test repair technicians and certify those that meet the highest standards.
- It modernizes our laws on intangible assets.
- urine testing they conduct to treat individuals for possible drug overdose or poisoning.
- urine testing they conduct to treat individuals for possible drug overdose or poisoning.
- It also requires follow-up testing if the test results are positive, and it requires the results of tests
Summary:
The committee considered a long agenda of bills, with most measures reported favorably after brief sponsor presentations, amendments, and roll calls. Early bills included SB 658 on lien waivers/releases, SB 736 on Brownfields redevelopment, SB 1002 on utility service restrictions, SB 1132 on right-to-repair for certain equipment, and SB 1378 on restitution for leaving the scene of a crash involving property damage. Each was amended or discussed as needed and then approved by the committee. The committee also advanced SB 768 on foreign control interests in health care licensing, SB 772 on school diabetes management and access to glucagon, SB 1400 on removal of altered sexual depictions posted without consent, SB 1696 on prearranged transportation services, and SB 1374 on school district reporting requirements for educator arrests and misconduct.
Several bills drew notable public testimony and debate. SB 1132 prompted strong support from the sponsor and agriculture interests, but opposition from equipment dealers, technology groups, and wireless industry representatives who argued the market already provides repair options and that the bill could harm dealer networks and security. SB 1730, the Live Local/affordable housing bill, received extensive discussion about parking reductions, height and density preemption, attorney’s fees, local government authority, and impacts on Monroe County and other areas; the committee adopted an amendment and reported the bill favorably despite concerns from some members and advocates about parking, due process, and local control. SB 606 on public lodging and food service establishments also generated significant debate, with opponents warning it could displace long-term guests and vulnerable families, while the sponsor said it clarifies transient occupancy and removes ambiguity in the removal process; the bill passed after the committee rejected a related amendment.
Other measures advanced with less controversy. SB 576 updated service-of-process rules, and SB 1164 authorized email delivery of landlord-tenant notices if the parties agree in writing, though tenant advocates urged clearer safeguards and the sponsor said he was not yet committed to the House version. SB 940 prohibited the resale of restaurant reservations without consent and was supported by restaurant interests. SB 1690, allowing infant safety devices or “baby boxes” as a legal surrender option, drew emotional support from several witnesses who said it would provide anonymous, life-saving alternatives for mothers in crisis; the committee continued discussion into the latter part of the meeting. Throughout, the committee adopted several amendments, heard both support and opposition from industry, advocacy, and local-government witnesses, and reported the discussed bills favorably by recorded vote.
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part I) Apr 8th, 2025
Business & Commerce
Transcript Highlights:
- Right down on 71 by the Austin Airport, they unveiled the first test structure fabricated right here
- It was easier to scale up than some of the other designs that were tested.
- All of the designs that were tested were.
- Our program at Sam Houston Electric on pole testing and standards. All right, thank you.
- entity whose project has failed because the project. is the only asset they have.
Keywords:
utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year
MN
Transcript Highlights:
- excluding capital gains from asset excluding capital gains from asset appreciation<00:27:12.640>
- <00:47:51.280>
you've very conservative stress test you've very conservative stress test you've - Welcome to the test fire station.
- Welcome to the test fire station.
- Welcome to the test fire station.
Bills:
HF3900
Keywords:
permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Articles I, IV, & V Feb 26th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- Figure 4 shows the three most common types of forensic testing and the number of cases completed for
- Uh, we can track our assets and we can also control access to these databases for a lot of the private
- Almost every one of those would not be possible without these air assets.
- Partners on the Joint Terrorism Task Force on, uh, national security threats with these assets also.
- And The delays in getting licenses and getting driving tests and getting all those things that, um.
MN
Minnesota 2025 1st Special Session
House Commerce Finance and Policy Committee 2/12/25
Commerce Finance and Policy
Transcript Highlights:
- We have 187 state-chartered banks with $65 billion in assets and about $55 billion in deposits.
- Then we have 60 state-chartered credit unions with over $32 billion in assets.
- um last year we $32 billion in assets um last year we issued<00:07:50.639>
a <00:07:50.759> - When we're testing a gallon of gas, we have something that is a gallon, right?
- prosthetic devices and biomark testing prosthetic devices and biomark testing so<01:25:46.119>
NH
Transcript Highlights:
- <00:44:28.319>
or qualify through basic skills testing or qualify through basic skills testing - there's no training and there's no test there's no training and there's no test in<00:45:42.160>
- They understand assets.
- , precious metal and digital assets, precious metal and digital assets, investment<01:54:48.920><
- They understand They understand assets.
FL
Florida 2026 5th Special Session
Military and Veterans Affairs, Space, and Domestic Security Nov 18th, 2025
Transcript Highlights:
- We have a launch and test site in West Texas.
- It then heads to tank cleaning and test, or T-CAT, for pressure testing and cleaning.
- The test that we did at Cape Canaveral, we did our testing at night because that's when the atmosphere
- The test that we did... have to deal with atmospheric losses in space.
- The test that we did at Cape Canaveral, we did our testing at night because that's when the atmosphere
Summary:
The committee on Military, Veterans Affairs, Space, and Domestic Security met with a quorum present and heard a series of presentations focused on Florida’s space and aerospace industry. Blue Origin’s Anna Spencer described the company’s Florida operations at Rocket Park, including New Glenn manufacturing and launch activities, Blue Moon lunar lander work, workforce development, and recent booster recovery and launch milestones. Amazon’s Beth Cooley presented an update on Amazon Leo (formerly Project Kuiper), outlining the satellite broadband network, customer terminals, dark skies mitigation efforts, Florida facilities and jobs, and launch plans; members asked about RV/mobile applications, satellite counts, and the role of fiber, but no action was taken. Starcatcher Industries CEO Andrew Rush then described his company’s effort to create an orbital energy grid that beams power to satellites to extend mission life and increase available power, citing demonstrations in Jacksonville and Cape Canaveral and plans for a first satellite launch next year.
Space Florida CEO Rob Long gave a strategic update on the state’s aerospace sector, citing billions in private investment, hundreds of projects in the pipeline, the leverage of state spaceport funding, workforce and university programs, and the need for additional tools and infrastructure to keep Florida competitive. He emphasized growth in launch activity, manufacturing, research, and military support infrastructure, and said Space Florida would bring forward legislative proposals. Kennedy Space Center Director Janet Petro delivered the strongest policy message of the meeting, warning that KSC’s aging infrastructure and relatively smaller NASA budget share could cause Florida to lose aerospace leadership to states like Texas unless the state strengthens its partnership, research investment, and infrastructure support. Members questioned her about federal restrictions on commercial investment in common-use infrastructure, the need for more state-federal alignment, and how Florida can preserve its role as the launch capital of the world. After the presentations and questions, Senator Burgess moved to adjourn, there was no objection, and the committee adjourned.