Transcript Highlights:

• But we do not just develop new crops; we also develop new scientists, including graduate students and
• But we do not just develop new crops; we also develop new scientists, including graduate students and
• But we do not just develop new crops; we also develop new scientists, including graduate students and
• But we do not just develop new crops; we also develop new scientists, including graduate students and
• new program but we do not just develop new program but we do not just develop new<00:09:25.120><

Keywords: 1187, senate, all

Transcript Highlights:

• They develop and implement...
• So the Water Development Board, in addition to the Water Development Board, ...entity.
• Let's develop our own model.
• You develop the MAG. We hire three sets of engineers. We try. You develop the MAG.
• But they try to develop them.

Summary: The committee held a hearing on high-capacity groundwater wells proposed in Anderson, Henderson, and Houston counties, with members framing the issue as one of local water supply, fairness, and the need to modernize groundwater law while protecting private property rights. Opening remarks focused on the scale of the proposed Redtown Ranch and Pine Bliss projects, the potential export of tens of thousands of acre-feet of groundwater annually, and concerns that the applications lacked sufficient technical detail and could harm nearby landowners, cities, agriculture, and manufacturing. Members also noted the broader context of the recent flooding tragedy in central Texas and the Legislature’s intent to address water-related loss of life in the upcoming special session. Witnesses from the Texas Alliance of Groundwater Districts and the Texas Water Development Board explained the current groundwater management framework. They described groundwater conservation districts as the state’s preferred management method, the role of groundwater management areas and desired future conditions, and how the Water Development Board uses those conditions to calculate modeled available groundwater. They emphasized that districts rely on local data, monitoring wells, and planning processes, but that information is often more limited in areas without a district, where the rule of capture applies. Members pressed witnesses on recharge rates, export permits, subsidence, the effect of pumping on nearby wells, the age and real-time availability of model data, and whether the proposed project would exceed modeled available groundwater in some counties. TCEQ explained its limited oversight role over groundwater conservation districts, including inquiries, compliance actions, and, in extreme cases, dissolution authority. Water Development Board staff also outlined funding programs, saying the New Water Supply for Texas Fund is limited to projects such as brackish desalination, reuse, ASR, and other new-supply projects, and does not fund fresh groundwater exports alone. They said the project at issue had not applied for board funding. A water lawyer then testified on the rule of capture, ownership in place, and district regulation, arguing that districts must use permitting and other tools to manage production within modeled available groundwater and that the Legislature could consider additional authority over groundwater exports under current law.

Transcript Highlights:

• . $157 million committed by the state through the Texas Water Development Board.
• Developing water supply is navigating a very complex network of statutes.
• And before that, I was at the Water Development Board for 23 years.
• They were not easy to develop.
• I spent half my life dedicated to developing new water resources.

Keywords: 1184, house, all

Transcript Highlights:

• From my experience with the professional development provider, the READ Act trainings are not specific
• What these trainings do not provide is the kind of purposeful, in-depth professional development that
• Dyslexia is introduced in these professional development programs, but it is not taught in a way that
• <00:05:14.560> for dyslexia professional development for dyslexia professional development
• I'm trying to find where it development.

Keywords: 1183, house

Transcript Highlights:

• Two municipal members to our Jewish Development Council. Chair: Questions for the sponsor?
• Gossett Seidman: and serve the new development.
• We have [someone] representing Development Company waiving in support. Chair: Debate?
• Borrero: Get a development application reviewed.
• Developers have to go through just an egregious amount of cost and red tape in order to get a development

Transcript Highlights:

• ,<00:02:00.399> and Cabinet for Economic Development, and Cabinet for Economic Development
• officials, the economic development officials, the economic development professionals,<00:03:43.840
• These things take time to develop.
• economic development efforts in Ohio. economic development efforts in Ohio.
• in these kind of developments. in these kind of developments.

Keywords: 958, all

Summary: The committee received an update from Secretary Jeff Noel of the Kentucky Cabinet for Economic Development, joined by Matt Wingate and Terry Bradshaw of the Kentucky Association of Economic Developers, on the Kentucky Product Development Initiative (KPDI) and the closing fund. The presentation focused on how KPDI helps communities develop shovel-ready industrial sites by funding infrastructure, engineering, geotechnical work, and other site-preparation costs. Noel emphasized that the program is designed to reduce uncertainty for companies, improve speed to market, and support statewide job creation and investment, especially in rural and eastern Kentucky where development costs are often higher. Testimony highlighted the complexity and expense of preparing sites, with examples of road, water, power, and rock-removal costs, and the importance of third-party evaluation in scoring applications. Noel said the program has 116 total projects statewide, with 20 active projects stemming from pilot efforts and 35 projects already resulting in about 6,381 jobs and $4.4 billion in investment. He cited examples including Crown Holdings, Flash Metals, Phoenix Paper, Pratt Paper, AESC, Sound Elements, Kitchen Foods, Latte, Krueger, Biomass, and Anna Munsman. Bradshaw added that even communities that have not yet landed a project have benefited by building spec buildings or improving access to industrial property. The speakers said the last KPDI round drew $81 million in requests but only $35 million in available funding, and they urged lawmakers to consider whether additional funding or program adjustments are needed. Suggested changes included modestly increasing eligibility or funding flexibility for rural and eastern Kentucky, while maintaining third-party performance metrics, and continuing to prioritize finishing existing parks and creating strong regional sites. No votes or formal committee actions were taken during the meeting.

Transcript Highlights:

• They've approved all the development.
• So the developer would, they would say to the developer, you owe us two million dollars because we're
• parcels or an adjacent development.
• Adjacent parcels or an adjacent development.
• What is the Economic Development Agency? What is the economic development agency?

Summary: The Senate convened with a quorum, opening prayer, Pledge of Allegiance, and several introductions, including guests from the press, Florida State women’s soccer, and former Senator Janet Cruz. Members also announced there would be no conference that weekend. The chamber then moved to the special order calendar and began taking up a series of bills, often substituting House companions and proceeding quickly to third reading and final passage. Among the measures approved were bills modernizing trust settlement and trustee discharge procedures; revising military affairs laws, including leave protections, retirement eligibility, and assistance programs; creating uniform cash-rounding rules as Florida prepares for the end of the penny; refining podiatric medicine rules on cellular/tissue-based products and informed consent; expanding veterans’ court access statewide; clarifying RV park special assessments; establishing concurrent state-federal jurisdiction for juveniles on military installations; reauthorizing alcoholic beverage loss deductions; and revising bail bond and pretrial release laws, including training, electronic notices, forfeiture timing, and related procedures. Members also passed bills on eyewear insurance licensing, expanding the Linking Industry to Nursing Education Fund into health science education, streamlining recovery residence regulation, enhancing felony battery penalties, and updating child welfare rules to reduce repeated background checks, make the Step Into Success program permanent, and create a best-practices program. Several bills drew brief supportive remarks, especially those affecting veterans, the National Guard, foster youth, and military families. One bail bond bill prompted questions about charitable bail bonds, with the sponsor stating the current statute would remain unchanged. Most bills passed unanimously or near-unanimously; the bail bond measure passed 36-1, while the others noted here passed with no or minimal opposition. The Senate also adopted an amendment to the military affairs bill and a delete-all amendment to the military-installation jurisdiction bill before final passage. A major portion of the meeting was devoted to honoring Senate Democratic Leader Lori Berman on her farewell. Members from both parties offered extended remarks praising her leadership, preparation, collegiality, advocacy on issues such as voting rights, women’s rights, Israel, anti-Semitism, breast cancer, school safety, and family law, and her effectiveness in committee and on the floor. Berman delivered an extended farewell speech reflecting on her 16 years in the Legislature, her family, her district, and her legislative priorities, and the Senate ordered her remarks spread upon the journal before recessing and later returning to continue the calendar.

Transcript Highlights:

• I'm the Deputy Director of the Child Care and Development Division.
• Director of the Child Care and Development Division.
• So we also have a lot of needs when it comes to professional development.
• CDSS aligns the professional development plan to the federal Child Care and Development Fund, which is
• CDSS, as mentioned, we aligned with the professional development.

Summary: The joint hearing focused on California’s child care, preschool, and transitional kindergarten oversight, with chairs emphasizing the state’s Master Plan for Early Learning and Care and the need to break down silos between programs. CDSS and CDE reported progress toward the plan’s goals, including universal access to TK for all four-year-olds next school year, expanded access for low-income three-year-olds, and more children with disabilities being served in state preschool. They also noted ongoing work on quality rating/review reform, funding structure changes, and the need to address rates, workforce shortages, and federal uncertainty around Head Start. Testimony from advocacy groups and providers largely supported expanding access while simplifying the system. Children Now, Every Child California, and the California Budget and Policy Center argued that California still has uneven access, especially for infants, toddlers, and three-year-olds, and urged investments in mixed delivery, inclusion, full-day options, and a cost-of-care rate methodology. Every Child California recommended consolidating part-day and full-day contracts, streamlining eligibility priorities, making the two-year-old option permanent, and funding staffing incentives. Parent testimony highlighted how child care gaps and county-to-county transfer delays can disrupt work, safety, and children’s stability, and providers described low reimbursement rates, the need for health and retirement benefits, and support for delinking subsidy rates from private pay. The second panel addressed universal transitional kindergarten. The Learning Policy Institute reported rapid TK expansion, with most districts now offering TK, but said access still depends on facilities, staffing, and whether programs are available at all school sites. The Department of Finance said the governor’s budget would fully implement TK by adding funding for all eligible four-year-olds and lowering the adult-to-child ratio from 12:1 to 10:1. The Legislative Analyst’s Office said the administration’s enrollment and cost assumptions were optimistic and estimated lower TK enrollment growth and lower costs for the ratio change. CDE supported the expansion and urged continued funding for UPK coordinators, teacher development, and mixed-delivery planning grants. Members questioned facilities shortages, staffing competition, and how to ensure TK expansion does not displace CSPP or Head Start classrooms. No formal votes or actions were taken in the hearing.

Transcript Highlights:

• development with private activity bonds.
• You don't want to be too specific or I'll have a bunch of developers... developers bidding up land against
• What about development services? Development, can you elaborate?
• And the developers are moving.
• I think one of the easiest things to consider about these developments is that building the developments

Keywords: 1184, house, all

Transcript Highlights:

• um for Workforce Development Council. um for Workforce Development Council.
• Workforce Development Council. Workforce Development Council.
• [applause] And safe travels. time um on the Workforce Development time um on the Workforce Development
• <00:17:19.280> Council, the Workforce Development Council, the Workforce Development Council
• <00:19:54.840> council the workforce development council the workforce development council

Keywords: 912, senate, all

Summary: The committee heard and acted on several gubernatorial nominations to the Hawaii Workforce Development Council and one nomination to the Labor and Industrial Relations Appeals Board. For GM 779, Mark Fong Su Wat said he would bring his experience as an electrician and labor community member to workforce development, and he committed to serving if confirmed. Testimony was unanimously supportive, with 10 in support and none opposed, and the committee voted to recommend advise and consent; the recommendation was adopted. For GM 792, Sheryl Cross sought a second term on the Workforce Development Council and described her work on employer engagement, military veteran affairs, and military spouse employment. In response to questions, she emphasized the need to better connect military spouses, underrepresented workers, and students pursuing trades or non-college pathways to jobs, including through school academies and online hiring initiatives. The item was held for later decision-making. For GM 793, Ashley Lohua, also nominated to the Workforce Development Council, said her focus would be helping people stay in Hawaii by improving job retention, listening to community concerns, and building pathways between sectors. Support testimony highlighted her work with marginalized communities and her empathy and leadership. She told the committee she would use her nonprofit and HR experience to help address vacancies and workforce barriers; the item was also held for later decision-making. For GM 774, Douglas Thomas Moore, nominated to the Labor and Industrial Relations Appeals Board, said his first priority would be reducing the backlog. He proposed using informal conferences and mediation to speed workers’ compensation appeals and suggested recruiting more practitioners, especially younger ones, into the field. The committee noted 11 supportive testimonies and no opposition; no vote was taken in the portion provided.

Transcript Highlights:

• You know, the partnership with the government and private developers has been successful in developing
• <00:29:31.679> um bill excludes private development um bill excludes private development um
• > of within you know development of within you know development of affordable<00:29:33.799>
• has been successful private developers has been successful in<00:29:41.159> developing<00:29:
• Housing Finance and Development Housing Finance and Development Corporation<01:00:51.160> I

Keywords: 910, house, all

Summary: The committee heard testimony on several housing-related measures. SB 38 SD2 drew mixed testimony on changes to 21H projects, with HHFDC supporting and county and community groups split between support and opposition. In discussion, members focused on how county legislative bodies can alter projects in ways that increase costs, including changes to AMI mixes and fee waivers. The committee later recommended passage with amendments, limiting county changes that would impose stricter conditions than HHFDC, stricter AMI requirements, or reduced fee waivers; the motion passed with one member voting with reservations and two members excused. A major portion of the hearing focused on SB 71 SD2, which would revise the rental housing revolving fund. Catholic Charities Hawaiʻi, Hawaiʻi YIMBY, and NAAP Hawaiʻi opposed the bill, arguing it would weaken support for deeply affordable units, eliminate the 5% set-aside for households at or below 30% AMI, and create a funding gap for households between 60% and 120% AMI. Supporters of the bill, including public housing and some development interests, emphasized the need to redirect funding and make the program more flexible. In decision-making, the committee described the bill as making comprehensive changes that would narrow Tier 2 toward higher-income projects and favor shorter loan terms, then moved it out with amendments. The committee also heard and advanced several other measures with little or no opposition: SB 40 SD2 on state finances, SB 378 on HHFDC, SB 572 SD1 on housing, SB 1229 ST2 on the dwelling unit revolving fund, and SB 602 on the Hawaiʻi Public Housing Authority all received support testimony and were moved forward. For SB 65 SD2, HPHA and other agencies supported the measure, and HPHA testified it sought roughly $8 million to $10 million for repair and maintenance of units not covered by CIP funds. The committee also took up SB 826 SD1 on the low-income housing tax credit, where HHFDC, the Tax Foundation, and DHHL expressed confusion over the bill’s intent and whether it would bar state agencies from using LIHTC financing; no action was taken on that item in the excerpt. SB 944 SD2 on LIHTC transferability drew support and a suggestion to keep clarifying language that notifies the tax department, and the committee indicated it would keep the provision in.

Transcript Highlights:

• The PEIS identifies and recommends measures to help project developers.
• The PEISs identify and recommend measures to help project developers.
• Ecology has tools available to help developers use the PEISs. Thank you.
• I'm the director for Grant County Development Services.
• So last week, we entered into a development agreement with a developer that is going to break ground

Summary: The committee held a work session on state environmental policy act (SEPA) implementation and carryout bags. Ecology staff Diane Buterak described the Clean Energy Programmatic Environmental Impact Statements (PEISs) completed for utility-scale solar, onshore wind, and green hydrogen, plus a new PEIS underway for sustainable aviation fuel. She explained that PEISs provide broad planning-level analysis to help developers and agencies avoid or mitigate impacts, but do not replace project-level review. Members asked about permitting timelines, greenhouse gas emissions from different hydrogen production methods, water use, agricultural land conversion, battery fire risk, and tribal consultation. Buterak said the PEISs identify potentially significant impacts and mitigation measures, including fire response planning, early tribal outreach, and agrovoltaics as an option for solar projects. EFSEC’s Amy Hofkimer then presented the transmission-facility programmatic EIS required by SB 5165 for 230 kV and higher transmission projects. She said the statewide review covers new lines and certain upgrades/modifications, analyzes impacts to water, cultural and tribal resources, habitat, and other areas, and uses general measures, design considerations, avoidance criteria, and sensitivity maps to guide siting and corridor planning. She said the final document would be issued in early October. Questions focused on reconductoring, tribal lands, scenic areas, and whether the review could affect existing lines crossing tribal lands. A Grant County planning director, Jim Anderson Cook, said Ecology’s PEIS would help with cumulative impacts for clustered solar projects, but noted tight local review timelines and the need for strong pre-application coordination, especially on cultural resource studies and decommissioning plans. Yakama Nation attorney Shona Leverett argued SEPA is only an assessment tool and said tribes face barriers from short comment periods, limited confidential tribal input, weak cumulative impact analysis, and challenges in the FSEC process; she urged better upfront developer diligence and more effective tribal coordination. Puget Sound Energy’s Sarah Leverett said the utility needs efficient and predictable permitting to meet clean energy mandates while maintaining reliable service and aging infrastructure. She described the scale of needed clean energy and transmission buildout, including a 10-year process for the Energize Eastside transmission rebuild, and said more consistent SEPA and PEIS processes could help. Members asked about future generation sources, reliability, and hydropower as a firming resource; she said PSE is pursuing an “all of the above” approach and would welcome more firm, dispatchable clean energy options. The committee then shifted to carryout bags. Staff Jacob Lipson and Tracy Taylor reviewed Washington’s bag law, its preemption of local ordinances, the current 8-cent charge, the scheduled increase to 12 cents, and the 2025 change delaying the 4-mil thickness requirement until 2028 while adding a temporary 4-cent penalty for thicker bags. Ecology’s Peter Lyon said the agency emphasizes education and complaint-based enforcement, has received 872 reports, and has not yet imposed any fines. Commerce’s Kirk Esmond summarized a WSU study finding fewer plastic bags distributed but more plastic by weight, and said Commerce and Ecology support keeping the 2.25-mil standard and not allowing thinner single-use bags again. Retail industry testimony from Brandon Housekeeper said grocers comply with the law but oppose the added 4-cent penalty and thicker-bag requirement, citing higher costs and confusion in the policy changes.

Transcript Highlights:

• We need to try to support business development, but certainly we want to support business development
• Now, I want to be clear: there are some developers, third-party developers, that develop data centers
• and then Third-party developers that develop data centers and then host a tenant like a hyperscaler,
• So we have a lot of development going on, and I have concerns.
• We are an infrastructure developer exclusively in West Texas.

Keywords: 1184, house, all

Transcript Highlights:

• That took many years to develop. Yes, sir.
• So the 2022 time period was the time period of rule development workshops.
• They were developed in the ratification process.
• They were developed in the ratification process.
• single-family development per lot.

Summary: The Joint Administrative Procedures Committee met on February 3, 2025, with a quorum present and took up three main items. First, the committee considered a large set of recommended objections to Agency for Health Care Administration rules, all centered on sunset provisions stating the rules would expire after five years. AHCA asked for another deferral while it reviewed the rules, arguing the sunset language was a form of self-restraint rather than an invalid exercise of rulemaking authority. Committee leadership disagreed that further delay would resolve the issue and moved to a single vote covering all objections. The motion passed by roll call, and the committee informed AHCA that an objection would be filed unless the agency amended the rules within 30 days. The committee then heard an informational briefing from the Department of Environmental Protection on its Outstanding Florida Springs rule and stormwater rule. DEP explained that it did not prepare a statement of estimated regulatory cost for the springs rule because the proposed standards largely mirror existing water management district rules and the Central Florida Water Initiative framework, so DEP said there was no new regulatory burden. Members asked about permit authority, costs, and whether the rules were functionally different from prior rules. DEP maintained the rules set minimum standards and did not add costs beyond what regulated parties were already doing. DEP also described implementation of the stormwater rule adopted under the 2020 Clean Waterways Act and later ratified by the Legislature in 2024. DEP said the rule was the product of years of workshops and technical advisory committee meetings, and that the final version included lower-cost alternatives, grandfathering, and phased implementation. DEP estimated the rule’s cost at about $2,600 per acre in the revised CERC, while industry witnesses said the real cost could be much higher, especially if land costs are included. A home builders representative argued the estimate understated impacts, while a stormwater engineer said the rule gives more flexible, performance-based tools and could become more cost-effective over time. Finally, Senator Graal presented proposed Chapter 120 changes in SB 108, aimed at tightening and modernizing rulemaking. The proposal would require five-year rule reviews, annual agency reporting, faster notice of proposed rulemaking after authorizing legislation, electronic filing, public access to incorporated materials, clearer tracking of technical changes, and limits on how long rules can remain pending ratification. Members discussed whether the Legislature should be more specific in statutes about rulemaking deadlines and whether agencies should be more accountable when rules stall. No formal action was taken on the Chapter 120 proposals, and the committee adjourned after discussion.

Transcript Highlights:

• It's developed by the city councils and city staff to be able to develop financial management policy
• It's developed by the city councils and city staff to be able to develop financial management policy
• We've developed plans.
• Because the DFC can impact how much brackish groundwater can be developed using Development Board funds
• It's total development of the wellfield and the development of the wellfield, but you're literally connecting

Keywords: 1185, senate, all

Transcript Highlights:

• Commission, on workforce or on economic development projects.
• Okay, and those are the economic development.
• Okay, and those are the economic development.
• The state workforce development board is in place today.
• In fact, there was a recent ranking from a site development...

Summary: The meeting focused on Arkansas’s workforce development reorganization and a set of federal waiver requests intended to consolidate and streamline the state’s WIOA system. Commerce officials said the department has already centralized shared services, split the old workforce agency into reemployment and Arkansas Workforce Connections, and submitted a combined WIOA/Perkins state plan. They described nine waiver requests, including replacing local workforce boards with a single statewide board, creating one planning and accountability structure, allowing more flexible movement of funds across regions, easing the “last-dollar” requirement for training and supportive services, reducing required youth program elements, and allowing affiliate sites instead of mandatory comprehensive centers. Officials said the goal is to reduce administrative costs and redirect more money to training, supportive services, and employer-driven programs. Legislators raised concerns about rural representation, local employer relationships, and whether local offices would close. Commerce officials said local offices would remain open, some current staff could be rehired, and regional business councils would preserve local employer input. They said the current system is fragmented and expensive, with roughly $14 million in federal workforce funds flowing through local boards but only about $1.9 million spent on training and supportive services last year; they argued the reorganization could raise training spending to about $6 million to $7 million annually. Questions also addressed board composition, performance accountability, and how funds could be shifted between regions when needs change. The State Board of Workforce Development had approved the waiver package 11-3 before it was submitted to the U.S. Department of Labor. Members also discussed workforce access for people with disabilities, child care and transportation supports, and the role of Arkansas Launch, apprenticeships, and career and technical education. Officials said vocational rehabilitation now has better access to the state job board and that referrals and data-sharing with DHS and other partners still need improvement. Several legislators emphasized the need for training to align more closely with employer demand, especially in manufacturing, technology, health care, and rural areas. The committee also heard a brief overview of Workforce Pell, with staff explaining that the new federal short-term Pell option has narrow eligibility rules and may not fit many existing programs, including some CDL and CNA programs.

Transcript Highlights:

• morning's hearing for the joint hearing on the Committee on Tourism and the Committee on Economic Development
• relating to Agra Business Development relating to Agra Business Development Corporation<00:16:25.560
• <00:19:57.960> and<00:19:58.120> Technology development and Technology development and
• House Bill 106, relating to Agri Business Development Corporation.
• <00:20:40.720> Corporation Agri Business Development Corporation Agri Business Development

Keywords: 910, house, all

Summary: The joint hearing of the Committee on Tourism and the Committee on Economic Development and Technology met on February 11, 2025, to hear House Bill 96 and House Bill 106. HB 96 would allow low-income housing tax credits to offset state transient accommodations taxes, limit the credit to taxes imposed in the same county as the qualified building, and make Act 129 permanent. The Department of Taxation opposed the bill, saying it would be difficult to administer, would complicate the tax system, and could be susceptible to abuse; it also noted the credit would benefit the hotel owner even though the tax is paid by the customer. The Tax Foundation of Hawaii raised consumer protection concerns. No other testimony was offered, and the chair later recommended deferring HB 96 for further work with the Department of Taxation and the committee. HB 106 would authorize the Agribusiness Development Corporation to financially support farming businesses engaged in agricultural tourism and expand the definition of enterprise accordingly. The Agribusiness Development Corporation testified in support, saying farmers requested the change, it would diversify income, and it would provide technical and financial support. The Hawaii Farm Bureau also supported the measure, and the chair noted eight pieces of testimony in support and one in opposition. No questions were raised, and the chair recommended passing the bill as is. The committee voted on HB 106, with the chair and vice chair voting aye, along with Representatives Holt, Hussey, Ilagan, and Todd; Representative Matsumoto was excused. The chair’s recommendation to pass HB 106 was adopted, and the hearing was adjourned.

Transcript Highlights:

• Just about everybody that can develop a carbon project has developed a carbon project with us, including
• that can develop a carbon project<00:15:44.000> has<00:15:44.200> developed<00:15:44.560
• develop these projects. develop these projects.
• <00:33:29.520> The We developed the carbon assets. The We developed the carbon assets.
• carbon development space as a result. carbon development space as a result.

Keywords: 1189, house, all

Summary: The meeting began with introductions, approval of the March 6 minutes as amended to add an attendee list, and a brief overview of the day’s agenda. The committee heard two presentations from carbon project developers, with the first from Dylan Jenkins of Finite Carbon. He described Finite Carbon’s work in improved forest management projects, its role in developing carbon methodologies and protocols, and its experience with projects in New England, Appalachia, Alaska, and Canada. He also outlined the difference between compliance and voluntary carbon markets, the role of registries and intermediaries, and the types of buyers in the market, including large corporate buyers and long-term off-take partners. A major focus of the presentation was how forest carbon projects are structured and how credits are monetized. Jenkins distinguished between removals and reductions, explaining that removals come from new forest growth while reductions are tied more closely to baseline assumptions and standing stock. He said improved forest management projects can generate both types of credits, and that removals generally command higher prices because they are easier for buyers to understand and verify. He also emphasized that carbon project commercialization can occur before, during, or after credit issuance, and that landowners may be paid through a variety of structures, including leases, advance fees, per-unit payments, or off-take agreements. Jenkins then addressed the committee’s tax-related questions, saying House Bill 123 appeared intended to treat carbon credit sales similarly to timber sales for local tax purposes. He argued that carbon credits are a forest product and that taxing them can be reasonable in principle, but he stressed that lawmakers should distinguish between commoditization and commercialization when deciding what event to tax. He noted that credits may be created but never sold, and that in some programs landowners retain timber and carbon rights while in others the developer has deeper control over those rights. In response to questions, he said the industry uses protocols, verification, and third-party oversight to address baseline and quality concerns, but acknowledged that baseline setting remains a major point of debate in the market.

Transcript Highlights:

• $10 million tax-based development $10 million tax-based development project.<00:50:11.280> It
• development, a townhouse. development, a townhouse.
• 01:03:02.240> voted after development proposal get get voted after development proposal get get
• The key to housing are the developers. The key to housing are the developers.
• developers but for-profit development. developers but for-profit development.

Keywords: 1183, house

Transcript Highlights:

• DAB to the agri business development DAB to the agri business development corporation.<00:51:17.200
• ,<00:56:13.839> land aquaculture development, land aquaculture development, land management
• /c> strategic and economic development strategic and economic development perspective,<00:56:24.160><
• <01:05:21.839> and and agriculture development and and agriculture development and understand
• development program which has two names. development program which has two names.

Bills: HB1601, HB1828, HB1616, HB1603, HB1606, HB1604, HB1605

Keywords: biosecurity, invasive species, Hawaii Invasive Species Council, Department of Land and Natural Resources, appropriation, agriculture, land use, farm dwelling, renewable energy, income qualification, solar energy, geothermal resources, hydropower, agricultural tourism, aquaculture, commercial activity, swine production, Korean natural farming, land leases, Hawaii