Video & Transcript Research : 'Economic Development'
Page 174 of 500
TX
Transcript Highlights:
- HB 2974 to Economic Development. HB 35.
- HB 2974 to Economic Development. HB 30151 to Health and Human Services. HB 318 to Jurisprudence.
- HB 4396 to Economic Development.
- HB 4396 to Economic Development. HB 43413 to Natural Resources. HB 4580 to Local Government.
- HB 4868 to Economic Development. HB 5154 to Education K through 16.
Summary:
The Senate convened with a quorum, offered an invocation, approved the previous day’s journal, and received a House message announcing passage of HB 4 on public school accountability and assessment. The chamber also recognized the Doctor of the Day, adopted SR 520 honoring Rosser Coke-Newton Sr. for his biography of former Governor Richard Coke, and adopted SR 518 recognizing Texas Moral Injury Awareness Day, with remarks focused on the impact of moral injury on veterans and first responders. The Senate later adopted SR 395 honoring the ninth class of Governor William P. Clements, Jr. Scholars, and several other resolutions were adopted by voice vote, including college savings awareness recognition and other member-sponsored recognitions.
The body then took up several bills and resolutions on the floor. HB 3307, allowing online continuing education for arbitrators in property tax appeals, passed unanimously after suspension of the rules and the three-day rule. HB 913, renaming and reorganizing certain state hospitals, and HB 2970, governing the Gulf Coast Protection District and coastal barrier design, also passed unanimously. HJR 1 and HB 9 advanced a proposed constitutional amendment and statutory change to raise the business personal property tax exemption from $2,500 to $125,000; both measures passed, with HJR 1 receiving one no vote and HB 9 passing unanimously after a clarifying amendment.
The Senate also passed HB 1151, which limits child removals and termination of parental rights based solely on parental medical treatment decisions, and HB 116, which revises grounds for involuntary termination of the parent-child relationship by removing the “O grounds” and requiring support from financially able parents whose rights were terminated. HB 1899 lowered the age for pyrotechnic operator licenses and fireworks display permits from 21 to 18. SB 1285, as amended, passed to protect bats by prohibiting entombment while preserving removal options from unoccupied spaces, and SB 2847 passed to promote innovations in core curriculum for faster bachelor’s degrees.
On criminal justice, SJR 87, a proposed constitutional amendment requiring denial of bail for certain repeat violent felony offenders, passed after two floor amendments clarifying due process and representation language; Senator Eckhardt spoke against it on final passage, arguing it lacked judicial discretion and a clear-and-convincing standard. SB 3073, requiring magistrates to make written findings in certain criminal proceedings, also passed. Later, SB 128, requiring hospitals to report suspected child abuse-related information to HHSC, advanced on a divided vote, and SB 2619 and SB 2972 passed on public school accountability and expressive activities at public colleges, respectively, with Senator Eckhardt opposing SB 2972 as too restrictive on campus protest rights. The chamber also heard extended debate on HB 21, targeting “traveling” housing finance corporations and their use of tax exemptions for apartment projects, with supporters arguing it curbs abuse of the tax code and critics warning about unintended effects on affordable housing; the discussion continued with questions but no final action shown in the excerpt.
CA
California 2025-2026 Regular Session
Assembly Select Committee On Racism, Hate, And Xenophobia Jun 25th, 2025
Transcript Highlights:
- We have been developing recommendations. I'll tell you about just a few.
- So among the things that we have to do is have the development of a comprehensive accounting of hate
- and limited economic mobility, reinforcing the racial wealth divide.
- business grants, workforce development, and affordable housing.”
- The framework that we are developing will be accessible, actionable, impactful.
Summary:
The Select Committee on Hate, Racism, and Xenophobia met to examine the scope of hate activity in California and hear from state agencies, commissions, and community organizations. The chair opened by framing hate as a persistent crisis affecting many protected groups, and Assembly Member Gonzalez briefly joined the committee. The first panel included the California Department of Justice and the California Commission on the State of Hate, both of which presented recent data and policy recommendations.
The Department of Justice reported that in 2024 California saw 2,023 reported hate crime events, 2,568 hate crime offenses, and 2,491 victims, with anti-Black bias remaining the most common category, followed by anti-Jewish and anti-Latino bias. DOJ also said referrals for prosecution increased, and it described its hate-crimes guidance, rapid response protocol, and multilingual resources. The Commission on the State of Hate said hate is undercounted in law enforcement data and cited a survey suggesting about 2.6 million Californians experienced at least one hate act in a year, including more than half a million potentially criminal incidents. It recommended permanent data infrastructure, mandatory law enforcement training, and continued funding for community-based prevention and victim support.
The committee then heard testimony from representatives of the NAACP, LULAC, Jewish Public Affairs Committee of California, CHIRLA, Asian Americans Advancing Justice Southern California, CARE, Equality California, and the Racial Equity Commission. Witnesses described systemic racism, anti-immigrant enforcement, antisemitism, Islamophobia, anti-Asian bias, and anti-LGBTQ+ hate, often linking these harms to political rhetoric, social media, and federal actions. They urged the Legislature to fund programs such as California vs. Hate, Stop the Hate, nonprofit security grants, language access, school and mental health supports, and legal assistance, while also protecting civil rights, due process, and free speech. No formal votes or committee actions were taken during the hearing, but members indicated they would request additional recommendations and continue the discussion in future hearings.
NH
New Hampshire 2025 Regular Session
House Science, Technology and Energy (04/14/2025)
Science, Technology and Energy
Transcript Highlights:
- That's a huge economic disadvantage for New Hampshire. economic competitiveness is our mission. economic
- economic beneficial uh beneficial for economic beneficial uh beneficial for the<04:32:49.600>
these - that we need to look at our economic that we need to look at our economic competitiveness<04:34:
- has an economic ripple effect outwards. has an economic ripple effect outwards.
- Um so, a little bit of development.
FL
Florida 2026 Regular Session
Senate in Special Session E May 29th, 2026
Florida Senate Floor Meeting
Transcript Highlights:
- Senator DeSeglie, Chair of the Appropriations Committee on Transportation, Tourism, and Economic Development
- Tourism and economic development, you are recognized. Thank you, Mr. President.
- The transportation, tourism, and economic development budget in this bill includes a lot of important
- For transportation, tourism, and economic development. Thank you, Mr. President.
- And 5,000 new jobs or economic growth or development.
MN
Transcript Highlights:
- Conservation easements also limit development potential.
- Conservation easements also limit development potential.
- Conservation easements also limit development potential.
- Conservation easements also limit development potential.
- supporting stable families Economic supporting stable families Economic Security<01:25:28.800>
Keywords:
property tax, exemption, leased land, public use, commercial property, HF632, Minnesota property tax, conservation easement, conservation restriction, assessed value, property valuation, tax assessment, real property, land conservation, farmland preservation, natural areas, riparian buffer, water quality, water quantity, county assessor
MN
Transcript Highlights:
- We plan for future economic development.
- Our community and economic development efforts are often firmly based on our ability to preserve
- <00:19:26.880>
development <00:19:27.440>and to plan economic development and to plan - economic development and research<00:19:28.240>
land <00:19:28.559>use. - >
development Our community and economic development Our community and economic development efforts
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/18/26
Jobs and Economic Development
Transcript Highlights:
- Economic Development. Today is Wednesday.
- career development for young people. career development for young people.
- that is really changing the economic that is really changing the economic impact<00:31:23.400>
important workforce development important workforce development employment<00:53:56.960>- We know we're doing development.
need
NH
Transcript Highlights:
- Okay. bus and I would say it's developers and bus and I would say it's developers and that<00:15:57.759
- admission, the business of economic admission, the business of economic affairs,<00:16:26.320>
as they responsibly plan and develop as they responsibly plan and develop their<00:22:04.480> - I do not see a developer $370 HOA fee.
- <01:32:21.360>
also developer for developers and it also developer for developers and it also
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Apr 23rd, 2025
Transcript Highlights:
- benefit through the development of solar.
- I'm here as someone with extensive experience dealing with housing development.
- the conflicts that arise typically... ...and home developers.
- It does not allow SB 9 development on individually designated landmark sites.
- The motion is to pass as amended to the Housing and Community Development Committee.
Summary:
The Assembly Local Government Committee heard a full agenda of bills focused largely on housing, permitting reform, transportation governance, and local government finance. Early in the hearing, AB 24 by Assemblymember DeMaio proposed changing SANDAG board selection to give rural unincorporated areas a stronger voice; members raised concerns about the approach and local input, and the bill ultimately did not receive a second at the time it was heard. The chair later clarified that because no second was made, the bill was held rather than voted out, though the transcript also reflects confusion and later attempts to revisit the item.
Several housing and permitting bills advanced with committee amendments and broad support. AB 671 by Assemblymember Wicks would streamline restaurant permitting through self-certification and faster plan review; AB 920 by Assemblymember Caloza would require a centralized online portal for housing permit tracking in larger jurisdictions; AB 1061 by Assemblymember Kirk Silva would allow SB 9 housing in historic districts with limits to protect historic character; AB 818 by Assemblymember Anamarie Farías would streamline temporary manufactured housing after disasters; AB 660 by Assemblymember Wilson would tighten timelines and remedies for post-entitlement housing permits; AB 1308 by Assemblymember Hoover would allow third-party inspections for small residential projects if local inspections are delayed; and AB 1445 by Assemblymember Haney would expand downtown revitalization financing tools for mixed-use housing. Each of these measures drew support from housing, business, and industry groups, with some local-government and special-district stakeholders seeking continued amendments on certain bills.
The committee also approved AB 1156, which updates the solar use easement program to better accommodate renewable energy development on water-constrained agricultural lands, and AB 964, which would let local governments offset certain state mandate reimbursement debts against amounts the state owes them. AB 1223, by Assemblymember Wynn, would let Sacramento-area transportation authorities propose sales tax measures for portions of the county and keep revenues local; it advanced despite some transportation and taxpayer concerns. Consent items AB 36 and AB 1131 were also approved. Most bills were reported out on bipartisan votes, often with committee amendments and some members noting they would continue working on the measures in later committees.
NY
New York 2025-2026 Regular Session
2026 Joint Budget Subcommittee on Higher Education - 03/18/2026
Transcript Highlights:
- Higher education is very important as a leading employer in my district and a major economic engine.
- Community Colleges have been leaders in recruiting students and getting really good teachers and developing
- Higher education is very important as a leading employer in my district and a major economic engine.
- Higher education remains one of the most important pathways to economic mobility, and the state must
- HIGHER EDUCATION REMAINS ONE OF THE MOST PATHWAYS TO ECONOMIC MOBILITY AND THE STATE MUST ENSURE COLLEGE
Summary:
The Higher Education Conference Committee met to discuss budget priorities for SUNY, CUNY, community colleges, TAP, student aid, and capital funding. Chair Toby Ann Stavisky emphasized the need for increased operating and capital support, protection against enrollment-based funding losses, no tuition increases, a review of TAP because it has not kept pace with living costs, and action on student loan access and research funding cuts. Assembly Chair Alicia Hyndman outlined the Assembly’s higher education proposal, including $475.7 million to expand TAP eligibility, raising income thresholds for TAP and the Excelsior Scholarship, creating a graduate tuition assistance program, adding community college operating aid, expanding the Opportunity Promise Scholarship, forgiving SUNY hospital debt service, increasing CUNY operating support, restoring opportunity program funding, creating a $110 million student loan support program called New York Rises, and funding five-year capital plans for SUNY and CUNY plus additional ECAP grants.
Members broadly supported making higher education more affordable and accessible, while highlighting district-specific needs. Senator May praised SUNY Reconnect, community college workforce programs, hospital debt service relief, and a five-year SUNY capital plan. Senator Gonzalez framed the budget as an investment in economic mobility. Senator Griffo supported affordability, operating and capital aid, and additional support for medical schools and hospitals. Assembly Members Walker, Colton, and Fall backed TAP expansion, opportunity programs, disability supports, SUNY Downstate’s transformation, and capital needs at CUNY and SUNY campuses.
Assembly Member Smullen, speaking for the minority conference, urged a five-way budget process, said TAP has not kept pace with inflation, and called for a more stable long-term funding model for community colleges. He also stressed aligning higher education with workforce needs. Assembly Member Pirozzolo pointed to the College of Staten Island as an example of the benefits of investment and warned that employers recruiting students directly from high school could weaken higher education unless colleges continue strengthening trade and career training. The meeting ended with no vote on the budget items, and the chairs adjourned the conference committee after concluding remarks.
KY
Kentucky 2026 Regular Session
House Standing Committee on Natural Resources and Energy. (3-5-26)
Natural Resources & Energy
Transcript Highlights:
- This is an economic incentive and development bill.
- This<00:08:27.800>
is <00:08:28.080>a <00:08:28.560>economic This is a economic - This is a economic incentive<00:08:30.560>
and <00:08:30.720>development <00:08:31.320>< - <00:08:32.200>
Um incentive and development bill. Um incentive and development bill. - <00:09:05.920>
within projects like those developing within projects like those developing
Keywords:
Meeting Start 00:00
Attendance Roll Call 00:25
HB 667 Discussion 01:21
HB 667 Roll Call Vote 03:56
HB 677 Discussion 05:01
HB 677 Roll Call Vote 11:51
HB 535 Discussion 13:33
HB 535 Roll Call Vote 34:46
HJR 77 Discussion 38:33
HJR 77 Roll Call Vote 44:23, 958, all
Summary:
The committee first considered House Bill 667, described by the sponsor as a cleanup measure to a 2024 solid waste law. Testimony said the bill would clarify issues involving indirect access to protected information, contractors and consultants, Open Records Act interactions, and remedies when protected material is obtained. The committee voted 13-0 to pass the bill favorably and recommended it for passage on the House floor.
The committee then took up House Bill 677, which would establish Kentucky’s legal and regulatory framework for carbon dioxide geological sequestration and help the state seek EPA primacy over Class VI injection wells. Supporters said the bill was the product of 18 months of work among industry, landowner, environmental, and cabinet stakeholders, and argued it would promote economic development, protect landowners, and support carbon-capture investment and related infrastructure, especially in Western Kentucky. An amendment was adopted by voice vote, and the bill then passed favorably with committee amendment attached.
Finally, the committee discussed House Bill 535 as amended by a committee substitute. The bill would authorize securitization for certain investor-owned utilities with out-of-state assets, including Kentucky Power, to refinance assets such as the Mitchell plant and certain regulatory assets, with a two-year rate freeze and PSC review for net savings. Sponsors and supporters framed it as an affordability and jobs measure that could finance new natural gas generation at Big Sandy, create several hundred construction jobs, and support long-term economic development in Eastern Kentucky. Members raised concerns about utility fees, PSC discretion, and transparency; sponsors said the proposal would not be approved without overall savings and that applications would also be reviewed by the legislature, the Attorney General, and EPIC. The committee adopted the committee substitute and then passed House Bill 535 favorably, with several members explaining their votes and some noting continued reservations for floor consideration.
AZ
Transcript Highlights:
- Housing, workforce development, instead of addressing the root causes of economic and security, we're
- If we truly believe education is a foundation of economic opportunity, workforce development, and Arizona's
- So until he gets paid and the developer is ready to develop, this allows him to continue.
- The renewed Rio Nuevo, one of our best local tools for economic development, was slashed so completely
- That means investing in public education, workforce development, health care, and economic growth.
TX
Transcript Highlights:
- Working on developing that talent.
- You got the economically disadvantaged and the non-economically disadvantaged.
- You got the economically disadvantaged and the non-economically disadvantaged.
- Schools, therefore, serve as one of the largest drivers of economic stability, workforce development,
- TEA to develop eight tiers of intensity.
NH
Transcript Highlights:
- , of potential development there, of potential development there, especially<00:20:21.919>
with - It's a multi-year, multi-phase project to address PFAS contamination, economic development, and is by
- <00:23:00.799>
development <00:23:01.360>and contamination economic development and - contamination economic development and is<00:23:01.760>
by <00:23:02.080>large <00:23:02.320 - <00:39:12.960>
But dollar in economic investment. But dollar in economic investment.
NM
New Mexico 2025 Regular Session
IC - Water and Natural Resources Nov 17th, 2025
Water & Natural Resources Committee
Transcript Highlights:
- Market Development Tax Credit.
- If we want to have economic development in New Mexico, which I think we all can agree we do, we're going
- Our economic development with the Ruidoso racetrack is just getting hammered over and over and over.
- It is a partnership between MNERD and the Economic Development Department.
- I think there's going to be some good questions related to economic development and the brackish water
AZ
Arizona 2026 Regular Session
06/11/2026 - Senate Director Nominations
Transcript Highlights:
- The Office of Economic Opportunity is not an advocacy organization.
- It is a state agency entrusted with economic analysis, workforce development, and the impartial exercise
- Entrusted with economic analysis, workforce development, and the impartial execution of Arizona law.
- It is a state agency entrusted with economic analysis, workforce development, and the impartial exercise
- Entrusted with Economic Analysis, Workforce Development, and the impartial execution of Arizona law.
Summary:
The Committee on Director Nominations met with four members present and approved the prior minutes without objection. Chair Jay Kaufman outlined the committee’s role in reviewing executive nominations and explained the hearing process for three nominees: Mary Foote for the Office of Economic Opportunity, Debbie Johnston for the Department of Health Services, and Chuck Bassett. Foote did not appear for her hearing, and members discussed her absence and alleged omissions in her disclosure materials, including prior service with Planned Parenthood-related organizations. The committee then moved to reject her nomination, and the motion passed 3-2, recommending that the full Senate reject Mary Foote.
Debbie Johnston, nominee to lead the Department of Health Services, appeared and gave an opening statement describing her Arizona background, prior Senate staff work, and more than 20 years with the Arizona Hospital and Health Care Association. She said her priorities at ADHS include rebuilding trust in public health licensing, improving stakeholder engagement, standardizing rulemaking communication, addressing alleged religious discrimination and retaliation concerns in licensing, and using technology and AI to improve efficiency. In questioning, senators pressed her on her management style, conflict-of-interest safeguards given her prior industry role, enforcement priorities, budget pressures, behavioral health and assisted living oversight, and the department’s response to COVID-19. Johnston said she would follow statutes, recuse herself from enforcement matters involving former contacts, and resign if directed to carry out an unlawful policy. She also said the department does not regulate therapy itself, only facilities, and that it would rely on legal counsel regarding the governor’s conversion-therapy executive order and related federal civil-rights allegations.
Several senators focused on public health trust and the department’s pandemic response, with Johnston acknowledging concerns about closures, data collection, and communication during COVID-19 while saying she would review past after-action materials and be better prepared in the future. Public testimony from stakeholders in aging services and health care strongly supported her confirmation, praising her accessibility, responsiveness, and collaborative approach. After testimony, the vice chair moved to recommend Johnston’s confirmation to the full Senate. The roll call was underway when the transcript ended, with several members voting aye and one member expressing reservations about her not reviewing the pandemic after-action report before another crisis occurs.
FL
Transcript Highlights:
- economic development activities of our... ...resources.
- economic development activities of our state.
- Senators, Forta's Great Northwest is joining us in the West Gallery, which is a regional economic development
- The West Gallery, which is a regional economic development organization representing 13 counties in the
- These consultant teams... ...health and human services, transportation, tourism, economic development
Summary:
The Senate opened with prayer, the Pledge of Allegiance, doctor and guest introductions, and then took up Committee Substitute for Senate Bill 168, the Tristan Murphy Act, on mental health. Senator Bradley described the bill as a major criminal justice and behavioral health reform measure that would expand pretrial mental health diversion, strengthen treatment-based probation conditions, broaden grant uses for mental health and substance abuse programs, add Hillsborough County to a forensic hospital diversion pilot, require certain DOC mental health evaluations, and create a Florida Behavioral Health Data Repository. Senators from both parties spoke in strong support, emphasizing treatment over incarceration, public safety, data collection, and the Murphy family’s role in advancing the bill. The Senate passed the bill 37-0 and then approved 37 co-sponsors.
The chamber then received the Senate’s 2025-26 General Appropriations Bill, SB 2500, with Chair Hooper outlining a $117.4 billion budget that he said reduces spending, preserves reserves, and includes major investments in water quality, transportation, education infrastructure, and reporting requirements. Committee chairs summarized their portions: K-12 funding at $34.7 billion with increases for FEFP, scholarships, VPK, school hardening, and school safety; higher education at $11.5 billion with workforce, nursing, reading, autism, and student aid investments; health and human services with a $1.8 billion increase for Medicaid, mental health, opioid response, disability services, and veterans programs; criminal and civil justice at $7.6 billion for corrections, juvenile justice, law enforcement, courts, and judgeships; transportation/tourism/economic development at about $18 billion including roads, housing, Visit Florida, and cultural grants; and agriculture/environment/general government with major Everglades, water quality, citrus, food bank, and agency IT funding.
Members then questioned several budget items, especially education funding formulas, the shift of scholarship dollars below the line, the impact on public school districts, AP/IB and other accelerated program funding, the APD wait list, opioid settlement spending, arts grants, and the My Safe Florida Home and condo pilot programs. Chairs generally said scholarship and accelerated-program dollars were being restructured for transparency and flexibility rather than cut, that school districts would still receive funding based on enrollment, and that APD and other human services issues would continue to be worked out in conference. The budget discussion concluded with remarks praising staff and noting a 4% across-the-board pay raise for state employees and targeted increases for law enforcement and firefighters, followed by a recognition for FAMU Day at the Capitol.
LA
Louisiana 2026 Regular Session
Natural Resources and Environment May 19th, 2026
Transcript Highlights:
- If it's going to stop all this economic development, let these folks who don't want it not get it.
- To stop all this economic development, let these folks who don't want it not get it.
- When it comes to residential development, subdivision developments, commercial developments, and industrial
- And I do want to emphasize... ...long-term economic activity for the state.
- We're not getting the development that comes around it. What are we getting?
Summary:
The committee took up public comment on a package of similar local-option bills related to carbon capture and sequestration, including House Bills 5, 6, 497, 498, 501, and 504. The bills would let parishes, or in some cases specific parishes such as Rapides and Livingston, decide by local vote whether Class VI wells, CO2 sequestration, and related pipeline infrastructure could be permitted. The chair grouped the bills together for testimony, adopted a three-minute public comment rule, and noted that the bills were not yet under consideration for a vote during the public-comment portion.
Supporters, including Speaker Pro Tem Mike Johnson, parish officials, local activists, and residents, argued that communities affected by carbon capture projects should have a direct voice through local option elections. They said the bills were about self-determination, local control, and allowing residents to decide whether the risks are worth the benefits. Several speakers said their parishes had passed resolutions opposing carbon capture or asking for local choice, while others emphasized concerns about eminent domain, aquifer protection, lack of public understanding, and the need for more information about project impacts and financial benefits. Some supporters also said a local vote would force industry to engage more directly with communities and could improve transparency.
Opponents, including representatives of the Department of Conservation and Energy, the Louisiana Chemistry Association, the Louisiana Mid-Continent Oil and Gas Association, and the Louisiana Association of Business and Industry, warned that the bills would create uncertainty, undermine Louisiana’s primacy over Class VI permitting, and invite litigation under federal preemption and the Supremacy Clause. They said the state already has a strict permitting process with public input and technical review, and that allowing parish-by-parish approval could delay or block billions of dollars in investment, jobs, and export-related projects. The department testified that if the state adopted a local-option referendum system, EPA could determine Louisiana was not implementing the program consistently and could move to remove primacy. No committee vote was taken in the portion provided.
KY
Kentucky 2025 Regular Session
Government Contract Review Committee (6-10-25)
Transcript Highlights:
- the pulled list are with the economic the pulled list are with the economic development<00:10:02.640
- of the Kentucky Cabinet for Economic of the Kentucky Cabinet for Economic Development.<00:11:03.519
- We have committed economic developers.
- <00:14:15.839>
We with the local economic developers. - We with the local economic developers.
Summary:
The committee met with a quorum and first approved the minutes from its May 13 meeting. Members then reviewed a deferred contract with the Kentucky Board of Pharmacy for the Kentucky Pharmacist Recovery Network (KYPRN), a program that provides monitoring and support for pharmacists and pharmacy interns with substance abuse or mental health issues. Board representatives explained that the contract is a long-running arrangement, renewed periodically, with an option for two additional two-year renewals. Senators asked about the program’s structure, participation trends, follow-up, and consequences for noncompliance. The board said enrollment has remained fairly consistent at about 52 participants, with roughly 500 participants over the life of the program, weekly and monthly check-ins during the five-year typical enrollment period, and possible additional sanctions if participants fail to meet obligations. The committee then approved the contract.
The committee next considered a group of economic development contracts, including items from the Cabinet for Economic Development. Secretary Jeff Null and general counsel Matt Wingate testified about contracts tied to regional innovation and entrepreneurship hubs. Members focused on the large differences in funding between regions and pressed for more support for rural and eastern Kentucky. Null said the cabinet is working on a more tailored, non-one-size-fits-all approach, including possible changes to capital support, build-to-suit options, and additional resources for rural areas. He said the hubs have helped 193 startups over the last two years and helped attract nearly $350 million in private capital, and he agreed to provide a written report by hub district on startup viability. The committee approved the economic development contracts.
The Kentucky Lottery Corporation then presented its contracts with vendor IGT for retail and internet sales systems. Lottery officials said the contracts are mission-critical, cover both the traditional retail system and iLottery, and are structured as a percentage of sales so no payment is made until revenue is earned. They described planned equipment upgrades, including refreshed terminals, new ticket checkers, cashless vending and bill acceptors, and connected-play features that would link retail and online wallets. Officials said keeping the same vendor reduces the risk of business disruption and that the arrangement has already produced cost savings. They also said the lottery continues to see year-over-year growth and expects to meet its annual contribution target of $360 million for scholarships and grants. The committee approved the lottery contract after discussion.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/25/25
Housing Finance and Policy
Transcript Highlights:
- , where we can build something smaller than a private developer would be interested in.
- , where we can build something smaller than a private developer would be interested in.
- Development Corporation or Development Corporation or mmcdc<01:02:33.000>
the <01:02:33.119> - multiple sales with additional economic multiple sales with additional economic activity<01:13:47.560
- <01:13:54.480>
activity increasing sales and economic activity increasing sales and economic