Transcript Highlights:

• assumption about future bonding assumption about future bonding authorizations.<00:20:49.919>
• <00:20:55.280> bills assumption about future bonding bills assumption about future bonding
• legislative session, future bonding legislative session, future bonding bills<00:21:04.400> will
• The bonding element—so, one, do you know how, like, why the bond sale was smaller than anticipated?
• do bonding that's not reflected here. do bonding that's not reflected here. Right?

Keywords: 919, house, all

Summary: Minnesota Management and Budget Commissioner Aaron Campbell, State Economist Dr. Tony Becker, and State Budget Director Anna Mingi presented the November 2025 budget and economic forecast. Campbell said the state now projects a nearly $2.5 billion surplus at the end of the 2026-27 biennium, about $575 million better than the end-of-session estimate, but also a projected negative balance of about $2.9 billion in FY 2028-29, reflecting a worsening structural imbalance. He said the budget reserve stands at $3.4 billion, with cash flow and budget reserves totaling $3.8 billion after a $244 million addition, and emphasized that Minnesota’s AAA bond rating and reserve policy remain strengths even as future sessions will need to address the long-term gap. Becker said the national economic outlook has changed only modestly since February, but growth remains below trend through the forecast horizon. He cited slower consumer spending, weak private investment, continued tariff uncertainty, lower projected immigration, and modest inflation that stays near 3% through 2026 before easing. Revenue forecasts for the next biennium were revised up to $66.3 billion, driven mainly by higher individual income tax receipts and other revenue, partly offset by lower sales and corporate tax forecasts. He also noted risks from federal policy changes, the recent shutdown’s effect on data availability, and possible equity market volatility. Mingi said general fund spending is projected to rise sharply, with current biennium spending up $3.4 billion from end-of-session estimates and planning-year spending up $1.9 billion. She attributed much of the increase to carryforward from prior one-time appropriations, discretionary inflation, and especially Medical Assistance. MA costs are projected to be about $2.5 billion higher over 2025-29, largely because managed care rates rose more than expected due to higher utilization and higher-cost services, including pharmacy costs, while long-term care and disability waiver costs also increased. In response to questions, officials said the federal reconciliation bill had only a relatively small effect on the health care changes, and that the carryforward amounts reflect unspent prior appropriations that now show up in later years rather than new spending.

Transcript Highlights:

• Then we dug a little deeper into bonds and the amount that were granted.
• These are the ones they got on bond.
• Then the judge shall deny bond.
• bond who committed a violent offense listed in SJR 87, even again provided bond.
• or million-dollar bonds.

Bills: SB3073, SJR87

Keywords: Texas criminal procedure, magistrate, probable cause, written findings, arrest review, criminal justice, Article 15.17, pretrial release, judicial recordkeeping, court transparency, law enforcement, defendant rights, criminal proceedings, no probable cause, magistrate findings, bail reform, felony offenses, constitutional amendment, public safety

Summary: The Senate Committee on Criminal Justice met with a quorum present and took up three bills tied to bail reform and law enforcement records. Senator Huffman presented SJR 87, a proposed constitutional amendment that would require denial of bail for people accused of certain serious felony offenses if they have a prior conviction for, or are already on bond for, one of those offenses and there is probable cause to believe they committed another listed offense. Supporters said it would give judges a needed tool to detain repeat violent offenders; opponents from the ACLU of Texas and Texas Civil Rights Project argued it would mandate detention without individualized due process and weaken the presumption of innocence. The committee voted 7-1 to report SJR 87 favorably, with Senator Miles voting no. The committee then heard SB 3073, which would require magistrates who find no probable cause after an arrest to enter written findings supporting that determination. Senator Huffman said the bill was a narrow cleanup measure to improve transparency and provide guidance to law enforcement and prosecutors without limiting judicial discretion. With no invited or public testimony, the committee voted 6-1 to report SB 3073 favorably, again with Senator Miles dissenting. Finally, the committee considered SB 781, a committee substitute dealing with law enforcement file management and personnel records. Senator King explained that the bill would standardize policies already used in many Texas cities and under civil service rules, separating public and sealed personnel information while preserving access for criminal defense discovery. Senator Miles raised concerns that sealing exonerated allegations could hide patterns of misconduct and allow problematic officers to move between agencies. The committee adopted the committee substitute and voted 6-1 to report SB 781 favorably, with Senator Miles voting no. The committee then recessed subject to the chair’s call.

Transcript Highlights:

• Um, so these funds, they're protected by surety bond. This is a way to protect consumers.
• Um, this bill provides 100% protection to the buyer through the surety bond.
• Surety bonds are one of the most serious and secure instruments in our financial system.
• In this case, the developers will pay the bonding company a fee or premium to issue the bond much like
• are taking the obligation to repay the bonding company for any losses incurred.

Transcript Highlights:

• There are required bond... ...interest to make up for its time.
• It has bonds in place to ensure that the subs and others get paid.
• market to sell these bonds.
• There were a number of provisions related to how bond proceeds are distributed, who gets it first.
• My concern is the bonding, because bonds are important to these types of big projects.

Bills: HB2174, HB2496, HB2744, HB2863, HB2910, HB2938

Keywords: insurance regulation, modeling organizations, financial disclosure, rate-making, predictive models, revitalization districts, construction contracts, infrastructure, municipal services, intergovernmental agreements, user fees, landowner agreements, overtime, wages, employee rights, industrial commission, complaints, adjudication, landlord, tenant

Summary: The Commerce Committee heard and advanced five bills. HB 2174, as amended by a strike-everything, redefined “advisory organization” as a modeling and data organization and allowed models used by insurers for rate-making to be filed with DIFI, with DIFI able to require supporting data to verify compliance. The sponsor said the measure was the product of extensive stakeholder negotiations and technical cleanup. The committee adopted the amendment and then approved the bill 10-0 for a due-pass recommendation. HB 2496 would require revitalization district construction contracts to include payment protections allowing contractors and subcontractors to pause or stop work if the district fails to pay. Supporters argued it was a fairness measure to prevent contractors from being forced to continue work without payment; opponents, including bond counsel and the League of Arizona Cities and Towns, warned it could disrupt public infrastructure projects, misalign incentives, and create bond-financing concerns. The committee passed the bill 9-1 with one member present. HB 2910 would extend from 10 to 20 days the time a contractor has to contest an ROC recovery fund claim after notice. The sponsor and Home Builders Association said it was a minor, technical change and requested more time to respond to claims. The committee approved it 10-1. HB 2938, the “penny” bill, would require Swedish rounding for cash transactions when pennies are unavailable, with an amendment clarifying taxes and fees are calculated before rounding and protecting businesses complying with the rule. The sponsor described inconsistent business practices and support from stakeholders; the committee adopted the amendment and passed the bill. HB 2744 would authorize the Industrial Commission of Arizona to investigate and adjudicate overtime wage violations at the state level. Supporters from the carpenters’ unions said federal enforcement is too slow and workers need a faster path to recover earned wages; the Industrial Commission said it would need additional FTEs and spending authority but not general fund money. One member opposed expanding agency authority over private wage disputes, but the committee ultimately passed the bill 10-1 and adjourned.

Transcript Highlights:

• We have some Senate bond initiatives. Calendar two.
• <00:01:30.720> Calendar some Senate bond initiatives.
• Calendar some Senate bond initiatives.
• Clerk will read the bond two. Clerk will read the bond initiatives. initiatives. initiatives.
• They are of the bond initiatives.

Keywords: Senate streaming session for Wednesday, January 21, 2026, 960, senate, all

Summary: The Maryland Senate met in a brief pro forma session focused on administrative business and the formal start of budget season. The chamber waived the reading of the prior journal and substituted the previous day’s invocation. Leaders noted that the budget would be introduced and that committees would handle the detailed work later in the day. Several measures were read and referred to committees: Senate Bill 282, the President’s fiscal year 2027 budget bill, was sent to the Budget and Taxation Committee; Senate Joint Resolution 1, concerning salary recommendations for the governor and lieutenant governor from the President Governor Salary Commission, was also referred to Budget and Taxation; and Senate Joint Resolution 2, concerning judicial compensation recommendations from the President Judicial Compensation Commission, was likewise referred to Budget and Taxation. A Senate bond initiative from Senator Hedleman for a Pikesville High School comfort station was read and sent to the capital budget subcommittee. After the introductions, the presiding officer announced that the Senate had completed its constitutional duties for the day and that committee work would proceed. A quorum call confirmed three members present, and the Senate remained in session long enough for the majority leader to move adjournment. The chamber adjourned without objection until Thursday, January 22nd at 10:00 a.m.

Transcript Highlights:

• To get the rebates, they have to use a portion of their local tax and apply it to the bonds or other
• that pledged or committed means we would not be able to pledge those bonds.
• And for the case of the Stockyards, I think we're not looking at bonds until 2032.
• we won't issue those bonds until 2026.
• And then we have our Cowtown Coliseum project, where we're not actually going to issue the bonds.

Bills: SB1071, SB1444, SB1483, SB1556, SB1703, SB1756, SB1854, SB2036, SB2133, SB2297, SB2622, SB2779, SB2955, SB2979

Keywords: municipality, tax revenue, hotel project, convention center, economic development, hotel tax, municipal authority, local governments, local authority, convention centers, hotel occupancy tax, municipal finance, local tax revenue, tourism, hotel and convention center project, Tax Code Chapter 351, city revenue, special district, Texas municipalities, venue financing

Transcript Highlights:

• and then appropriate money to pay the debt service on those bonds.
• <00:24:56.960> and both general obligation bonds and both general obligation bonds and additional
• Given the uncertainty in state bonds.
• Thanks. bonds and challenge program. Habitat bonds and challenge program.
• <00:46:23.920> As<00:46:24.079> HUD State general obligation bonds.

Keywords: 1183, house

Transcript Highlights:

• But giving the AG direct access to the bond will drive the price of that bond through the roof.
• So you said that you had a problem with increasing the surety bond.
• But the $25,000 bond right now, and you can correct me if I’m wrong, but according to the bond companies
• of new claims coming in, and that drives the price of the bond up.
• increases the cost on those bonds, I’d appreciate it.

Keywords: 995, all

Summary: The Joint Committee on Consumer Protection and Professional Licensure heard testimony on a wide range of bills involving consumer protection, auto regulation, alcohol licenses, and professional licensure. A major focus was legislation to require a one-hour domestic violence awareness training for salon and cosmetology licensees (H.323/S.200), supported by District Attorney Marion Ryan, law enforcement, and a salon industry witness who described the program’s value in identifying and helping victims. The committee also heard strong support from the Attorney General’s office for auto consumer protection legislation (S.228/H.379) that would expand used-car warranty protections, extend the Lemon Law return period to seven days after receipt of the vehicle, raise the mileage cap to 200,000 miles, and increase dealer surety bonds to $50,000. Independent dealers opposed those changes, arguing they would burden small businesses and that dealer education, not expanded liability, was the better solution. The committee also took testimony on bills related to vehicle financial products and repair information. A trade association supported GAP waiver legislation (H.4188/S.281), saying it would create clear consumer protections and standard disclosures. On right-to-repair and heavy-duty vehicle service information (S.266), engine and truck manufacturers supported an exemption for commercial vehicles, while others argued that releasing service data to the general public could create safety, cybersecurity, and emissions risks. The committee then heard extensive testimony on auto dealer franchise and warranty reimbursement legislation (S.201/H.406), with dealer groups supporting changes to warranty labor reimbursement and manufacturer groups opposing them as costly and unnecessary. Manufacturers from GM, Volvo, Toyota, Hyundai, Mazda, and others said their current time-study and appeals processes already compensate dealers fairly and that the bill would raise costs for consumers. In addition, the committee heard testimony on H.333, which would move auto damage appraiser licensing from the Division of Insurance to the Division of Occupational Licensure. Collision repair advocates supported the change, saying the current board structure leads to repeated dismissals of complaints and lacks accountability, while emphasizing that the bill is intended to protect consumers and ensure proper repair reimbursement. The hearing also included testimony in support of a local alcohol license petition for Westwood and a separate local alcohol measure for a town grant license. At the end of the hearing, the chairs announced that all docketed bills had been heard, noted that a joint poll would be held on H.4184, and the committee voted to adjourn by voice vote.

Transcript Highlights:

• , with the new bonding package.
• We would be paying a separate debt for whatever we would bond with the bonding authority.
• So instead of paying 108 million on the 2003 bonds and whatever the new debt service on the new bonds
• Because the bonding authority allows for us to bond for projects as they're ready for construction.
• 320 million in severance tax bonds.

Keywords: 996, all

Transcript Highlights:

• surety bond to occur within six years.
• Uh, we talked about that, uh, shy bonds 332 30, shy bonds for all durable providers, really.
• about that uh shy bonds 332 30 shy bonds about that uh shy bonds 332 30 shy bonds for<01:13:39.040
• bonds are required.
• we gonna not allow them to a shy bond?

Keywords: 918, senate, all

Summary: The joint hearing opened with chairs explaining that the program integrity omnibus bill is a combined draft assembled from individual member bills and governor proposals, many of which had already been heard in committee. Members emphasized the compressed end-of-session timeline, said the language was not yet ready for enactment, and invited continued revisions as the bill moves next to judiciary and finance. Several speakers stressed the need for bipartisan collaboration, while also warning that the Legislature must act this session on program integrity rather than defer reforms. The fiscal staff then walked through a spreadsheet showing the bill’s overall budget effects and major provisions. The package includes DHS proposals on transforming human services, market- and receipt-based rate reform, enhanced program and payment integrity, uniform service standards, nursing facility rate changes, ICS reforms, and a repeal/redesign of housing stabilization, along with child care assistance integrity and human services redesign items in DCYF. Staff highlighted that the bill combines multiple sources, including governor proposals and member bills, and noted several items that are also in the supplemental human services budget. Committee discussion focused heavily on prepayment review, remote supports, ICS, and provider accountability. Chairs said the bill would codify prepayment review with a 60-day notice requirement after providers were caught off guard by prior rollout, and that remote supports and ICS language were placeholders or under active debate. One member argued the system needs stronger standards but cautioned against harming compliant providers, while another urged the committee to learn from good providers and warned against repeating failed implementations. Staff also reviewed thematic indexes covering billing and service delivery oversight, EVV, administrative reform, licensing and background studies, provider enrollment, sanctions, and child care provider compliance training. No formal votes were taken in the portion provided. The hearing ended with staff beginning the index walkthrough and members indicating that posted amendments would be considered as the bill advances through the remaining committees.

Transcript Highlights:

• districts did not need an additional tax levy to pay debt service reported in an upcoming revenue bond
• The project was originally approved and reported to capital projects and bond oversight in January of
• The project was originally authorized at $7 million in bond funds in the 2022-2024 budget.
• The bonds will not be a KHC or Commonwealth debt bond.
• is Henderson County lease revenue bonds is Henderson County lease revenue bonds with<00:25:04.640

Keywords: 958, all

Summary: The committee first approved the January minutes and then received several informational reports on school district tax levies, revenue bonds, lease advertisements, and previously rejected lease transactions. Members were told that one rejected lease for the Cabinet for Health and Family Services in Hardin County would be canceled and rebid, while a Perry County lease modification for the Energy and Environment Cabinet would proceed. The Kentucky Communications Network Authority also submitted its quarterly capital projects report, and Eastern Kentucky University reported revisions to asset preservation projects. Janice Thomas, Deputy State Budget Director, presented four capital project action items. These included a Kentucky State University Betty White Building renovation funded by USDA grant money, a Department of Education state schools dormitory and cottage renovation appropriation increase because bids exceeded estimates, a restricted-funds scope increase for the Elizabethtown CTC science building expansion, and a pool project report for the Department of Corrections’ KCIW kitchen drain line repair and replacement. Representative Petrie asked about how often the statutory authority for midstream project increases is used and whether bids are typically competitive; Thomas said the increases are used often when bids come in above estimates and that bids are generally competitive, though construction costs have been difficult to gauge. The committee unanimously approved the first three action items, and the KCIW project was reported with no action required. H. Sandy Williams of the Kentucky Infrastructure Authority then presented six loans and one emergency grant. The items included loans for Frankfort’s East Frankfort Interceptor wet weather facility project, Sturgis wastewater improvements, Scottsville inflow and infiltration work, Morganfield wastewater treatment plant planning and design, Western Pulaski County Water District transmission improvements, and Springfield water system planning and replacement work, plus an emergency Kentucky Waters grant for Eddyville following a sewer treatment plant failure and local emergency declarations. After no questions, the committee unanimously approved the seven KIA transactions. Chelsea Couch then presented a Kentucky Housing Corporation conduit issuance for $38.4 million to finance a multifamily rental project in Jefferson County; members asked how the committee participates and were told it was a conduit issuance rather than state debt. The committee approved that item. Finally, the committee heard an informational Turnpike Authority refunding issuance of about $53 million for present value savings, then approved four SFCC debt issues for Henderson, Pulaski, Scott, and Trimble counties to finance school renovations and construction. The meeting ended with notice of the next meeting date and location.

Transcript Highlights:

• Um it is in last year's bonding bill.
• Um, 1 million in GEO bonds for highway rail grade crossings and 1 million GEO bonds for Minnesota rail
• <00:48:54.960> for funding for of trunk highway bonds for funding for of trunk highway bonds
• projects,<01:25:03.760> we priorities for bonding projects, we priorities for bonding
• <01:30:03.120> and<01:30:03.760> 650,000 being geo bonds and 650,000 being geo bonds

Keywords: 1183, house

Summary: The committee first approved the March 5 minutes, then heard a presentation from Balig Engineering on cost drivers for drinking water and wastewater infrastructure in small Minnesota communities. The testifier said most Minnesota communities are small, and that limited local staff, complex funding requirements, and the need to combine multiple funding sources make projects expensive and labor-intensive. He cited examples of aging infrastructure, including a Tracy street collapse and failing water mains, and said federal funding can help but often requires extensive reports that can cost tens of thousands of dollars and hundreds of staff hours. He also pointed to inflation, supply-chain disruptions, colder climate requirements, higher material and labor costs, limited competition among contractors and suppliers, and newer treatment requirements such as PFAS removal and cybersecurity controls as major cost drivers. Members asked whether reduced bonding or less frequent state funding would lower prices, whether annual bonding bills provide market certainty, how regionalization could be encouraged, and whether tightening specifications adds costs. The testifier said stopping work would likely drive contractors out of the market and reduce competition, which could raise prices later, and that consistent funding helps keep contractors in Minnesota. He said regional water systems such as Red Rock Rural Water and Lincoln Pipestone Rural Water are already helping lower costs and that legislators could encourage more regionalization through incentives. He also said some specifications and federal requirements, especially around treatment plant controls and cybersecurity, increase costs, though some standards like deeper water-main burial are necessary. The committee then moved on to the Minnesota Department of Veterans Affairs, where John Kelly began presenting the governor’s 2026 capital budget recommendations and described the department’s mission, statewide network of veterans homes and cemeteries, and service to nearly 300,000 veterans and dependents.

Transcript Highlights:

• Bonding, is that your big victory? And was that worth it? No.
• And Bonding, is that your big victory?
• that we gained by agreeing to a bonding that we gained by agreeing to a bonding bill<00:03:02.480
• Bonding bill that they were happy with.
• Yeah, and typically bonding will be closer to the end.

Keywords: 1187, senate, all

Transcript Highlights:

• It is a revenue bond. So when they pay it off, it's revenue back to the state.
• It is a revenue bond. So when they pay it off, it's revenue back to the state.
• It is a revenue bond. So when they pay it off, it's revenue back to the state.
• It is a revenue bond. So when they pay it off, it's revenue back to the state.
• It is a revenue bond. So when they pay it off, it's revenue back to the state.

Keywords: 1183, house

Transcript Highlights:

• level is that using the State's bond level is that using the State's bond rating<00:28:44.880>
• or authorizing this bond?
• Bond no I think Bond or authorizing this Bond no I think for<00:59:40.839> us<00:59:41.119>
• So it would eat up the whole bond cap we have, so we would have no money under the bond cap for low-cost
• would have no money under in the bond would have no money under in the bond cap<01:01:46.039>

Keywords: 910, house, all

Summary: The joint committees heard testimony on HB 982 HD1, a wildfire-related measure aimed at creating a wildfire recovery fund and a financing structure to address future catastrophic wildfire liability. The Department of Commerce and Consumer Affairs, the Division of Consumer Advocacy, and the Public Utilities Commission submitted comments and were available for questions. Supporters included IBW Local 1260, Kauai Island Utility Cooperative, Clearway Energy Group, Hawaiian Electric, Par Hawaii, and others, while Charter Communications and the Hawaii Association for Justice opposed or raised concerns. Life of the Land supported the bill but urged changes to the definition of a catastrophic wildfire and noted concerns about prudency review language. IBW Local 1260 asked to restore language from the original draft, and Charter warned the bill could impair existing contract and indemnity rights unless amended. A major focus of the hearing was Hawaiian Electric’s position on the HD1 version. Hawaiian Electric strongly supported the original bill but objected to the HD1 requirement for an additional $500 million shareholder contribution, arguing it was not feasible and could delay or prevent the fund from operating. The company said the bill would help protect customers and improve credit ratings by creating a dedicated revenue stream and a bankruptcy-remote financing structure, which it said would lower borrowing costs over time. Members questioned how the $1 billion securitization amount was chosen, whether credit rating agencies had indicated it was sufficient, and how the bill would work in bankruptcy; Hawaiian Electric said the amount was a balance among interests, not based on a specific agency directive, and that it would follow up on bankruptcy questions. Opponents and skeptics raised concerns about liability caps, the new claims process, and unclear language on damages above the fund’s limits. The Hawaii Association for Justice argued the bill limits victims’ remedies and gives too much authority to the new entity without clear guardrails. Committee members also pressed Hawaiian Electric on comparisons to California, the feasibility of the shareholder contribution, and whether alternative capital-raising or divestiture options had been considered. No vote or final action was taken in the portion of the hearing provided; testimony and questioning continued with follow-up information requested from Hawaiian Electric and others.

Transcript Highlights:

• The 40% requirement for bond money is to go towards disadvantaged families.
• So the requirement is applicable to the whole bond.
• Well then, from a bond overall bond perspective, that gives you some flexibility in other programs where
• It's just a bond, but of everything on the agenda, the bond is what I think you find the Assembly most
• Maximize the bond dollars.

Keywords: 988, house, all

Transcript Highlights:

• today for trunk highway bonds.
• today for trunk highway bonds.
• You can find some room in the bonding bill for some additional trunk highway bonds for Corridors of Commerce
• <00:10:49.720> and $400 million of Trunk Highway bonds and $400 million of Trunk Highway bonds
• and $1.88 million in geo highway bonds and $1.88 million in geo bonds.<01:36:57.400> This<01:

Keywords: 1187, senate, all

Transcript Highlights:

• because it would harm our State's bond because it would harm our State's bond rating<00:15:14.440
• When it comes to our ability to bond, our bond rating is important because that tells us what our capacity
• to our ability to bond uh our bond<00:53:16.799> rating<00:53:17.520> is<00:53:17.720>
• <00:53:38.920> which would impact our ability to bond which would impact our ability to bond
• bonding bonding perspective<00:53:52.720> thank<00:53:52.839> you<00:53:52.960> representative

Keywords: 1183, house

Transcript Highlights:

• Senate Bill 378 modernizes the Oklahoma multi-county bond bail has been statute by controlling flexibility
• Senate Bill 378 modernizes the Oklahoma multi-county bond bail bonds statute by controlling flexibility
• This is not 12 times the amount that somebody arrested has to put up to bond out.
• That somebody arrested has to put up to bond out, this is the bondsman.
• And there is a bond necessary for the that is commensurate with the level of the crime.

Bills: SB378, SB540, SB1061, SB1475, SB1531, SB1534, SB1684, SB1824, SB1826, SB2049

Keywords: bail bondsman, bondsman license, multicounty agent bondsman, surety bondsman, Insurance Commissioner, bail bond regulation, bond deposit, forfeiture, deposit ratio, writing capacity, license transfer, power of attorney, surety bond, bail industry, Oklahoma insurance law, financial solvency, administrative action, SB1061, Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, SAFE Act

Transcript Highlights:

• As I understand it, what you're changing is that to do a cash bond...
• or go get a bond.
• I mean, bonding companies can... ...judges can...
• So, effectively, they lower a bond when it just... can't.
• Okay, here's your percentage bond.

Bills: SB210, SB225, HB280, HB287, HB94, HB88, SB157, HB7, HB8, HB42

Keywords: hospital liens, medical billing, government healthcare, insurance claims, patient rights, blood tests, DUI, law enforcement, traffic offenses, chemical analysis, public nuisance, event liability, local government, community health, legal action, transparency, reporting, public safety, regulation, accountability