Video & Transcript Research : 'gap financing'
Page 17 of 500
AL
Bills:
SB118, SB203, HB420, HB414, HB363, HB405, HB261, HB263, HB327, HB348, HB228, HB282, SB273, HB7, SB296, SB199, SB47, SB204, HB80, HB11, HB192
Keywords:
bail, offenses, constitutional amendment, criminal justice, law enforcement, public safety, dental insurance, medical loss ratio, premium regulation, insurance commissioner, rebate, consumer protection, Baldwin County, local bill, education funding, school tax, privilege license tax, county tax revenue, municipal school board, Baldwin County Board of Education
HI
Transcript Highlights:
- authority must secure experienced management and staff, specifically in the areas of planning and finance
- opposition. >> Please proceed. >> I just want to read a letter from the Vice President of Budget and Finance
Bills:
HB1800, HB1860, HB2250, HB472, HB649, HB1391, HB1481, HB1509, HB1511, HB1515, HB1518, HB1541, HB1548, HB1576, HB1618, HB1642, HB1643, HB1661, HB1667, HB1678, HB1682, HB1688, HB1692, HB1707, HB1710, HB1711, HB1713, HB1718, HB1721, HB1728, HB1737, HB1740, HB1741, HB1785, HB1801, HB1802, HB1804, HB1810, HB1815, HB1824, HB1838, HB1839, HB1853, HB1854, HB1864, HB1870, HB1881, HB1888, HB1890, HB1891, HB1894, HB1920, HB1959, HB1960, HB1969, HB1973, HB1974, HB2023, HB2050, HB2078, HB2094, HB2095, HB2104, HB2137, HB2152, HB2158, HB2171, HB2207, HB2218, HB2246, HB2270, HB2271, HB2272, HB2279, HB2282, HB2289, HB2293, HB2297, HB2300, HB2309, HB2310, HB2314, HB2319, HB2329, HB2338, HB2339, HB2344, HB2361, HB2385, HB2395, HB2417, HB2429, HB2443, HB2452, HB2474, HB2475, HB2498, HB2505, HB2547, HB2576
Keywords:
supplemental appropriations, state budget, Hawaii budget, biennial budget, capital improvement projects, CIP, general fund, special fund, green fee, special land and development fund, clean energy revolving loan fund, agricultural development revolving fund, community grants, nonprofit grants, Office of Community Services, housing, affordable housing, homelessness, health care, mental health
HI
Hawaii 2026 Regular Session
Remembrance for former Congresswoman and Senate President Colleen Hanabusa May 8th, 2026
Hawaii Senate Floor Meeting
Bills:
HB1800, HB1860, HB2250, HB472, HB649, HB1391, HB1481, HB1509, HB1511, HB1515, HB1518, HB1541, HB1548, HB1576, HB1618, HB1642, HB1643, HB1661, HB1667, HB1678, HB1682, HB1688, HB1692, HB1707, HB1710, HB1711, HB1713, HB1718, HB1721, HB1728, HB1737, HB1740, HB1741, HB1785, HB1801, HB1802, HB1804, HB1810, HB1815, HB1824, HB1838, HB1839, HB1853, HB1854, HB1864, HB1870, HB1881, HB1888, HB1890, HB1891, HB1894, HB1920, HB1959, HB1960, HB1969, HB1973, HB1974, HB2023, HB2050, HB2078, HB2094, HB2095, HB2104, HB2137, HB2152, HB2158, HB2171, HB2207, HB2218, HB2246, HB2270, HB2271, HB2272, HB2279, HB2282, HB2289, HB2293, HB2297, HB2300, HB2309, HB2310, HB2314, HB2319, HB2329, HB2338, HB2339, HB2344, HB2361, HB2385, HB2395, HB2417, HB2429, HB2443, HB2452, HB2474, HB2475, HB2498, HB2505, HB2547, HB2576
Keywords:
supplemental appropriations, state budget, Hawaii budget, biennial budget, capital improvement projects, CIP, general fund, special fund, green fee, special land and development fund, clean energy revolving loan fund, agricultural development revolving fund, community grants, nonprofit grants, Office of Community Services, housing, affordable housing, homelessness, health care, mental health
TX
Transcript Highlights:
- Senate Bill 2595 fills that gap and makes it a class... must be misdemeanor, to harass, intimidate, or
Bills:
SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
Keywords:
disability, supported decision-making, legal assistance, confidentiality, access to justice, autonomy, civil rights, advocacy, monuments, memorials, public property, historical significance, civil penalties, local governance, SB 393, Sparks, Middleton, local government, political subdivision, public securities
TX
Transcript Highlights:
- House bill 23 to local government House bill 40 House bill 45 to criminal justice House bill 104 to finance
- House bill 1056 to finance. House bill 1481 to education K through 16.
- House bill 3181 to state affairs House bill 3211 to health and human services House bill 4044. to finance
Bills:
SB66, SB317, SB393, SB397, SB456, SB614, SB628, SB629, SB636, SB715, SB731, SB801, SB872, SB905, SB986, SB1012, SB1013, SB1015, SB1032, SB1113, SB1181, SB1212, SB1241, SB1250, SB1278, SB1285, SB1376, SB1444, SB1449, SB1524, SB1525, SB1528, SB1556, SB1588, SB1660, SB1704, SB1708, SB1802, SB1833, SB1844, SB1854, SB1863, SB1957, SB1959, SB1965, SB1999, SB2035, SB2056, SB2082, SB2119, SB2138, SB2165, SB2199, SB2201, SB2203, SB2245, SB2284, SB2419, SB2422, SB2452, SB2487, SB2523, SB2529, SB2533, SB2541, SB2586, SB2595, SB2605, SB2615, SB2675, SB2690, SB2717, SB2753, SB2778, SB2835, SB2841, SB2891, SB2929, SB2933, SB3016, SB3039, SB3044, HB912, HB2525, SJR3, SB5, SB29, SB326, SB494, SB530, SB769, SB783, SB963, SB1238, SB1271, SB1786, SB1967, SB2312, SB72, SB616, SB1143, SB1172, SB1267, SB1273, SB1506, SB1759, SB2361, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1524, SB2422, SB2119, SB2753, SB1863, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1376, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2199, SB2458, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB1241, SB2538, SB1449, SB2529, SB986, SB1181, SB1359, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB2615, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1959, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB1109, HB1392, HB22, HB2525, HB3093, HB517, HB912, HB1130, HB142, HB1689, HB2018, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, HJR98, HJR99, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559
Keywords:
disability, supported decision-making, legal assistance, confidentiality, access to justice, autonomy, civil rights, advocacy, monuments, memorials, public property, historical significance, civil penalties, local governance, SB 393, Sparks, Middleton, local government, political subdivision, public securities
TX
Transcript Highlights:
- So this really covers a gap. We very much needed legislation.
- House Bill 318 to Finance. House Bill 322 to Education K through 16.
- House Bill 1461 to Finance. House Bill 1465 to Criminal Justice.
- House Bill 4264 to Finance. House Bill 4347 to Economic Development.
- Bill 5015 to Finance, House Bill 5061. to Business and Commerce.
Bills:
SB66, SB243, SB250, SB317, SB393, SB397, SB456, SB628, SB629, SB636, SB715, SB731, SB801, SB865, SB1012, SB1013, SB1015, SB1032, SB1141, SB1181, SB1224, SB1241, SB1242, SB1250, SB1266, SB1285, SB1376, SB1442, SB1449, SB1502, SB1524, SB1528, SB1551, SB1585, SB1640, SB1708, SB1844, SB1854, SB1863, SB1959, SB1965, SB2035, SB2082, SB2119, SB2138, SB2199, SB2200, SB2201, SB2245, SB2269, SB2284, SB2310, SB2357, SB2419, SB2422, SB2480, SB2514, SB2523, SB2529, SB2533, SB2541, SB2550, SB2568, SB2595, SB2605, SB2608, SB2615, SB2717, SB2721, SB2753, SB2778, SB2841, SB2846, SB2891, SB2925, SB2929, SB2933, SB3016, SB3029, SB3039, SB3044, SJR3, SJR18, SB5, SB326, SB494, SB530, SB767, SB769, SB783, SB914, SB963, SB1035, SB1197, SB1271, SB1415, SB1437, SB1619, SB1637, SB1786, SB1806, SB2312, SB29, SB1238, SB1967, SB1, SB260, SB1637, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB1502, SB507, SB1434, SB1376, SB1585, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB1524, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB1863, SB2681, SB2200, SB2199, SB2458, SB2201, SB801, SB2533, SB3014, SB3013, SB758, SB1013, SB2797, SB2119, SB2076, SB2876, SB2284, SB2929, SB2595, SB715, SB1640, SB2514, SB2753, SB1241, SB2538, SB1449, SB2529, SB2846, SB986, SB1181, SB1359, SB2550, SB2245, SB410, SB1234, SB456, SB1012, SB2926, SB2138, SB1242, SB2615, SB2310, SB1224, SB2972, SB2841, SB3016, SB1856, SB2035, SB1528, SB1141, SB1266, SB1373, SB2269, SB2480, SB672, SB2891, SB2422, SB1854, SB317, SB2539, SB2532, SB2925, SB1250, SB2082, SB2203, SB2357, SB2721, SB243, SB1285, SB2568, SB1959, SB1442, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB1551, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835, HB1109, HB1392, HB22, HB2525, HB3093, SB872, SB1212, SB1278, SB1588, SB1602, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB1660, SB614, SB867, SB1608, SB1525, SB905, SB640, SB2487, SB1698, SB383, SB705, SB748, SB1113, SB1117, SB1802, SB2340, SB2586, SB2680, SB2690, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, HB517, HB912, HB1130, HB142, HB1689, HB2018
Keywords:
disability, supported decision-making, legal assistance, confidentiality, access to justice, autonomy, civil rights, advocacy, migrant labor housing, migrant housing, farmworker housing, migrant agricultural worker, agricultural labor, farm labor contractor, Texas Department of Housing and Community Affairs, TDHCA, civil penalty, housing code enforcement, sanitation, occupancy standards
MN
Minnesota 2025-2026 Regular Session
Grant for lender serving underserved entrepreneurs 3/3/26
Minnesota House Floor Meeting
Transcript Highlights:
- cannot, fill financing gaps that banks cannot, fill financing gaps that banks cannot, and<00:04:16.400
- So Fortis Capital is we provide gap financing.
- So Fortis Capital is we provide gap financing.
- So Fortis Capital is we provide gap financing.
- <00:09:27.760>
financing making sure that we have gap financing making sure that we have gap
Summary:
House File 2581 was presented as a request for a $1 million state investment in Fortis Capital, a Minnesota nonprofit economic development lender. The bill was described as supporting entrepreneurship and wealth-building by expanding access to capital for businesses that are underserved by traditional lending, especially in rural areas, communities of color, immigrant communities, and low-wealth areas. Testifiers argued that conventional underwriting standards leave viable businesses without financing and that Fortis provides flexible gap financing to help deals close, complementing rather than replacing banks and CDFIs.
Brian Smith, co-founder and CEO of Fortis Capital, said the organization was established in 2019 and has deployed 37 loans totaling over $4 million since 2021, leveraging an additional $29.5 million through partnerships. He said Fortis seeks to increase lending capacity, reduce risk in innovative capital structures, expand statewide partnerships, and accelerate small business growth and job creation. In response to questions, he said Fortis typically charges about 6.12% on average, has had two defaults, and operates as a revolving loan fund. He also explained that Fortis already participates in some Department of Employment and Economic Development programs, but is not eligible for certain grant programs because those grants go directly to borrowers.
Committee members asked how the proposal fits with existing state economic development efforts and whether competitive grant programs exist for this kind of work. A DED representative said he would need more detail to compare the proposal to agency programs, though he mentioned the emerging entrepreneur loan program as a possible fit. Members also discussed broader concerns about direct appropriations versus competitive grants. No public testimony was offered. Chair Frasier closed by saying the bill addresses a real need and laid House File 2581 over for possible inclusion in a budget bill.
HI
Transcript Highlights:
- So when we get the green light and the state accounting and financing systems are set up, we'll hit the
- 00:08:46.120>
uh <00:08:46.200>accounting <00:08:46.760>and <00:08:46.960>financing - state uh accounting and financing state uh accounting and financing systems systems systems uh<00
- It's how do we fill gaps in the community. No, understood.
Bills:
HB20, HB276, HB644, HB812, HB816, HB916, HB1131, HB1247, HB1518, HB1525, HB1537, HB1541, HB1546, HB1553, HB1562, HB1565, HB1566, HB1576, HB1577, HB1591, HB1605, HB1612, HB1613, HB1614, HB1618, HB1620, HB1650, HB1656, HB1658, HB1661, HB1664, HB1668, HB1676, HB1707, HB1711, HB1713, HB1715, HB1718, HB1727, HB1749, HB1756, HB1774, HB1776, HB1801, HB1802, HB1805, HB1813, HB1815, HB1831, HB1838, HB1853, HB1854, HB1859, HB1863, HB1871, HB1872, HB1918, HB1920, HB1952, HB1965, HB1966, HB1967, HB1969, HB1972, HB1973, HB1974, HB1975, HB1980, HB1985, HB2005, HB2023, HB2031, HB2033, HB2062, HB2113, HB2114, HB2116, HB2138, HB2139, HB2156, HB2158, HB2159, HB2171, HB2208, HB2268, HB2270, HB2272, HB2273, HB2276, HB2289, HB2310, HB2315, HB2335, HB2338, HB2339, HB2340, HB2343, HB2361, HB2384, HB2387, SB2338, SB2431, SB2438, SB2593, SB2907, SB2671, SB2321, SB3084, SB2401, SB3033, SB2972, SB3032, SB2806, SB3014, SB2108, SB2981, SB2973, SB2423, SB2078, SB2322, SB2397, SB2896, SB2088, SB2347, SB2408, SB2970, SB2851, SB2713, SB2697, SB2312, SB2192, SB2363, SB2530, SB3028, SB2024, SB3007, SB2599, SB2596, SB2662, SB2930, SB3334, SB2378, SB3019, SB3231, SB2240, SB2372, SB2175, SB2046, SB2298, SB2922, SB2835, SB3263, SB2174, SB2128, SB2006, SB2489, SB3134, SB2982, SB2425, SB2849, SB2797, SB2795, SB2575, SB2521, SB2765, SB2386, SB2852, SB2022, SB2117, SB2277, SB2387, SB2688, SB2885, SB3132, SB3219, SB2169, SB2591, SB2090, SB2983, SB888, SB3249, SB2611, SB2429, SB2463, SB3154, SB3131, SB3152, SB3315, SB2448, SB2054, SB2140, SB2520, SB2377, SB2986, SB2010, SB2189, SB2026, SB3010, SB2818, SB2002
HI
Bills:
HB20, HB276, HB644, HB812, HB816, HB916, HB1131, HB1247, HB1518, HB1525, HB1537, HB1541, HB1546, HB1553, HB1562, HB1565, HB1566, HB1576, HB1577, HB1591, HB1605, HB1612, HB1613, HB1614, HB1618, HB1620, HB1650, HB1656, HB1658, HB1661, HB1664, HB1668, HB1676, HB1707, HB1711, HB1713, HB1715, HB1718, HB1727, HB1749, HB1756, HB1774, HB1776, HB1801, HB1802, HB1805, HB1813, HB1815, HB1831, HB1838, HB1853, HB1854, HB1859, HB1863, HB1871, HB1872, HB1918, HB1920, HB1952, HB1965, HB1966, HB1967, HB1969, HB1972, HB1973, HB1974, HB1975, HB1980, HB1985, HB2005, HB2023, HB2031, HB2033, HB2062, HB2113, HB2114, HB2116, HB2138, HB2139, HB2156, HB2158, HB2159, HB2171, HB2208, HB2268, HB2270, HB2272, HB2273, HB2276, HB2289, HB2310, HB2315, HB2335, HB2338, HB2339, HB2340, HB2343, HB2361, HB2384, HB2387, SB2338, SB2431, SB2438, SB2593, SB2907, SB2671, SB2321, SB3084, SB2401, SB3033, SB2972, SB3032, SB2806, SB3014, SB2108, SB2981, SB2973, SB2423, SB2078, SB2322, SB2397, SB2896, SB2088, SB2347, SB2408, SB2970, SB2851, SB2713, SB2697, SB2312, SB2192, SB2363, SB2530, SB3028, SB2024, SB3007, SB2599, SB2596, SB2662, SB2930, SB3334, SB2378, SB3019, SB3231, SB2240, SB2372, SB2175, SB2046, SB2298, SB2922, SB2835, SB3263, SB2174, SB2128, SB2006, SB2489, SB3134, SB2982, SB2425, SB2849, SB2797, SB2795, SB2575, SB2521, SB2765, SB2386, SB2852, SB2022, SB2117, SB2277, SB2387, SB2688, SB2885, SB3132, SB3219, SB2169, SB2591, SB2090, SB2983, SB888, SB3249, SB2611, SB2429, SB2463, SB3154, SB3131, SB3152, SB3315, SB2448, SB2054, SB2140, SB2520, SB2377, SB2986, SB2010, SB2189, SB2026, SB3010, SB2818, SB2002
HI
Bills:
HB20, HB276, HB644, HB812, HB816, HB916, HB1131, HB1247, HB1518, HB1525, HB1537, HB1541, HB1546, HB1553, HB1562, HB1565, HB1566, HB1576, HB1577, HB1591, HB1605, HB1612, HB1613, HB1614, HB1618, HB1620, HB1650, HB1656, HB1658, HB1661, HB1664, HB1668, HB1676, HB1707, HB1711, HB1713, HB1715, HB1718, HB1727, HB1749, HB1756, HB1774, HB1776, HB1801, HB1802, HB1805, HB1813, HB1815, HB1831, HB1838, HB1853, HB1854, HB1859, HB1863, HB1871, HB1872, HB1918, HB1920, HB1952, HB1965, HB1966, HB1967, HB1969, HB1972, HB1973, HB1974, HB1975, HB1980, HB1985, HB2005, HB2023, HB2031, HB2033, HB2062, HB2113, HB2114, HB2116, HB2138, HB2139, HB2156, HB2158, HB2159, HB2171, HB2208, HB2268, HB2270, HB2272, HB2273, HB2276, HB2289, HB2310, HB2315, HB2335, HB2338, HB2339, HB2340, HB2343, HB2361, HB2384, HB2387, SB2338, SB2431, SB2438, SB2593, SB2907, SB2671, SB2321, SB3084, SB2401, SB3033, SB2972, SB3032, SB2806, SB3014, SB2108, SB2981, SB2973, SB2423, SB2078, SB2322, SB2397, SB2896, SB2088, SB2347, SB2408, SB2970, SB2851, SB2713, SB2697, SB2312, SB2192, SB2363, SB2530, SB3028, SB2024, SB3007, SB2599, SB2596, SB2662, SB2930, SB3334, SB2378, SB3019, SB3231, SB2240, SB2372, SB2175, SB2046, SB2298, SB2922, SB2835, SB3263, SB2174, SB2128, SB2006, SB2489, SB3134, SB2982, SB2425, SB2849, SB2797, SB2795, SB2575, SB2521, SB2765, SB2386, SB2852, SB2022, SB2117, SB2277, SB2387, SB2688, SB2885, SB3132, SB3219, SB2169, SB2591, SB2090, SB2983, SB888, SB3249, SB2611, SB2429, SB2463, SB3154, SB3131, SB3152, SB3315, SB2448, SB2054, SB2140, SB2520, SB2377, SB2986, SB2010, SB2189, SB2026, SB3010, SB2818, SB2002
AL
Transcript Highlights:
- Alabama Charter School or regarding the Alabama Charter School or regarding the Alabama Charter School Finance
- Authority is referred to the Finance Authority is referred to the Finance Authority is referred to the
- Committee on Finance, Taxation, Committee on Finance, Taxation, Committee on Finance, Taxation, Education
- and around uh pharmacies up in in and around uh pharmacies up in in and around uh filling in those gaps
- where some of the filling in those gaps where some of the filling in those gaps where some of the other
Bills:
SCR 13, SCR 24, SB 1, SB 12, SB 15, SB 17, SB 24, SB 57, SB 65, SB 213, SB 371, SB 372, SB 378, SB 379, SB 388, SB 400, SB 402, SB 427, SB 495, SB 499, SB 502, SB 509, SB 535, SB 583, SB 610, SB 621, SB 650, SB 706, SB 740, SB 840, SB 854, SB 856, SB 875, SB 893, SB 918, SB 925, SB 974, SB 995, SB 1006, SB 1018, SB 1025, SB 1061, SB 1073, SB 1106, SB 1121, SB 1194, SB 1252, SB 1253, SB 1268, SB 1300, SB 1343, SB 1362, SB 1447, SJR 36, SJR 12, SJR 57, SCR 25, SCR 22, SCR 12, SCR 24, SCR 8, SB 565, SB 372, SB 765, SB 62, SB 666, SB 707, SB 888, SB 687, SB 847, SB 1248, SB 740, SB 14, SB 1006, SB 504, SB 925, SB 1121, SB 995, SB 857, SB 305, SB 296, SB 284, SB 815, SB 1379, SB 1300, SB 1497, SB 1499, SB 1498, SB 1061, SB 65, SB 241, SB 304, SB 402, SB 499, SB 621, SB 974, SB 1023, SB 1024, SB 1025, SB 1106, SB 686, SB 112, SB 371, SB 204, SB 400, SB 609, SB 1447, SB 670, SB 502, SB 427, SB 850, SB 854, SB 413, SB 1555, SB 1362, SB 1346, SB 1033, SB 1220, SB 1073, SB 810, SB 987, SB 1539, SB 893, SB 447, SB 875, SB 406, SB 509, SB 985, SB 965, SB 1119, SB 1505, SB 24, SB 57, SB 1194, SB 1253, SB 1215, SB 1532, SB 1268, SB 1302, SB 856, SB 650, SB 583, SB 673, SB 840, SB 213, SB 681, SB 1172, SB 1252, SB 378, SB 610, SB 918, SB 1343, SB 608, SB 487, SB 955, SB 957, SB 988, SB 990, SB 1019, SB 1021, SB 1120, SB 251, SB 958, SB 535, SB 761, SB 1, SB 541, SB 315, SB 379, SB 1018, SB 1737, SB 266, SB 1415, SB 57, SB 499, SB 974, SB 1025, SB 1061, SB 1268, SR 302, SR 303, SR 304, SR 305, SB 30, SB 1333, SB 1666, SB 30, SB 1333, SB 1666
CA
California 2025-2026 Regular Session
Assembly Select Committee on Housing Finance and Affordability Aug 27th, 2025
Transcript Highlights:
- Housing finance system.
- You have a housing finance agency, which finances.
- Do you want to come in as gap financing?
- You could bring it in for gap financing. You could bring it in for predevelopment.
- Most developers themselves do not fully finance—very few fully finance the projects themselves.
Summary:
The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down.
Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs.
Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.
TX
Transcript Highlights:
- You know, we don't talk about this a lot, but you've been on the Senate Finance for many years.
Bills:
HB135, HCR64, SCR3, SCR30, SB500, SB739, SB816, SB898, SB1283, SB1351, SB1423, SB1531, SB1540, SB1666, SB1721, SB1886, SB1931, SB2001, SB2075, SB2154, SB2173, SB2217, SB2284, SB2375, SB2383, SB2386, SB2398, SB2448, SB2476, SB2540, SB2580, SB2589, SB2693, SB2707, SB2776, SB2786, SB2801, SB2864, SB2927, SJR84, SCR30, SB243, SB324, SB393, SB457, SB511, SB529, SB547, SB636, SB646, SB659, SB715, SB731, SB735, SB800, SB801, SB904, SB1065, SB1141, SB1181, SB1224, SB1241, SB1242, SB1250, SB1266, SB1285, SB1359, SB1434, SB1442, SB1467, SB1502, SB1524, SB1528, SB1551, SB1585, SB1640, SB1754, SB1757, SB1777, SB1844, SB1863, SB1972, SB2007, SB2035, SB2046, SB2055, SB2069, SB2082, SB2119, SB2139, SB2154, SB2200, SB2201, SB2269, SB2310, SB2330, SB2357, SB2366, SB2401, SB2422, SB2514, SB2530, SB2533, SB2543, SB2544, SB2550, SB2568, SB2589, SB2660, SB2693, SB2695, SB2707, SB2717, SB2721, SB2742, SB2753, SB2807, SB2846, SB2891, SB2925, SB2938, SJR3, SJR18, SB5, SB326, SB767, SB769, SB783, SB914, SB963, SB1035, SB1197, SB1271, SB1415, SB1437, SB1619, SB1637, SB1786, SB1806, SB494, SB530, SB2312, SB1, SB260, HB135, HB1109, HB1392, HB22, HCR64, SJR36, SJR50, SJR63, SJR84, SJR59, SCR12, SCR39, SCR48, SCR19, SCR30, SCR3, SB2023, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB1502, SB507, SB1434, SB1376, SB1585, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB1524, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB1863, SB2681, SB2200, SB2199, SB1757, SB2458, SB2201, SB801, SB2533, SB3014, SB3013, SB758, SB1721, SB1013, SB2797, SB2383, SB2119, SB2448, SB1777, SB1283, SB2076, SB2786, SB2876, SB2284, SB1540, SB2929, SB2540, SB2595, SB2217, SB715, SB500, SB1640, SB2001, SB2514, SB2753, SB2398, SB1241, SB2927, SB2173, SB2538, SB898, SB1449, SB2529, SB2846, SB2476, SB986, SB1181, SB2075, SB2154, SB2864, SB1359, SB2386, SB2550, SB1351, SB1423, SB1931, SB2245, SB2589, SB2707, SB410, SB2776, SB2580, SB1886, SB1234, SB739, SB456, SB1666, SB2801, SB2055, SB1012, SB2926, SB2138, SB1242, SB2615, SB2310, SB1224, SB2972, SB2841, SB3016, SB2139, SB1856, SB2035, SB1528, SB1141, SB2401, SB2530, SB2375, SB547, SB1266, SB1373, SB1467, SB2069, SB2269, SB2480, SB672, SB904, SB2695, SB2891, SB2422, SB2543, SB1854, SB317, SB2539, SB2532, SB2925, SB1250, SB2082, SB2203, SB457, SB2357, SB2721, SB243, SB1285, SB2568, SB1959, SB1442, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB1551, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, HB2525, HB3093, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835
Keywords:
sales tax exemption, exotic animals, game animals, agriculture, livestock, gifted education, education support, student achievement, academic excellence, Texas education, cowboy culture, Bandera, cultural heritage, historical significance, Texas identity, Birding Capital, Matagorda County, wildlife, conservation, Texas Legislature
TX
Transcript Highlights:
- House Bill 4738 is referred to Finance. House Bill 4739 is referred to Business and Commerce.
- House Bill 516 is referred to Finance. This meeting is adjourned.
Bills:
HB135, HCR64, SCR3, SCR30, SB500, SB739, SB816, SB898, SB1283, SB1351, SB1423, SB1531, SB1540, SB1666, SB1721, SB1886, SB1931, SB2001, SB2075, SB2154, SB2173, SB2217, SB2284, SB2375, SB2383, SB2386, SB2398, SB2448, SB2476, SB2540, SB2580, SB2589, SB2693, SB2707, SB2776, SB2786, SB2801, SB2864, SB2927, SJR84, SCR30, SB243, SB324, SB393, SB457, SB511, SB529, SB547, SB636, SB646, SB659, SB715, SB731, SB735, SB800, SB801, SB904, SB1065, SB1141, SB1181, SB1224, SB1241, SB1242, SB1250, SB1266, SB1285, SB1359, SB1434, SB1442, SB1467, SB1502, SB1524, SB1528, SB1551, SB1585, SB1640, SB1754, SB1757, SB1777, SB1844, SB1863, SB1972, SB2007, SB2035, SB2046, SB2055, SB2069, SB2082, SB2119, SB2139, SB2154, SB2200, SB2201, SB2269, SB2310, SB2330, SB2357, SB2366, SB2401, SB2422, SB2514, SB2530, SB2533, SB2543, SB2544, SB2550, SB2568, SB2589, SB2660, SB2693, SB2695, SB2707, SB2717, SB2721, SB2742, SB2753, SB2807, SB2846, SB2891, SB2925, SB2938, SJR3, SJR18, SB5, SB326, SB767, SB769, SB783, SB914, SB963, SB1035, SB1197, SB1271, SB1415, SB1437, SB1619, SB1637, SB1786, SB1806, SB494, SB530, SB2312, SB1, SB260, HB135, HB1109, HB1392, HB22, HCR64, SJR36, SJR50, SJR63, SJR84, SJR59, SCR12, SCR39, SCR48, SCR19, SCR30, SCR3, SB2023, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB1502, SB507, SB1434, SB1376, SB1585, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB1999, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB1524, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB1863, SB2681, SB2200, SB2199, SB1757, SB2458, SB2201, SB801, SB2533, SB3014, SB3013, SB758, SB1721, SB1013, SB2797, SB2383, SB2119, SB2448, SB1777, SB1283, SB2076, SB2786, SB2876, SB2284, SB1540, SB2929, SB2540, SB2595, SB2217, SB715, SB500, SB1640, SB2001, SB2514, SB2753, SB2398, SB1241, SB2927, SB2173, SB2538, SB898, SB1449, SB2529, SB2846, SB2476, SB986, SB1181, SB2075, SB2154, SB2864, SB1359, SB2386, SB2550, SB1351, SB1423, SB1931, SB2245, SB2589, SB2707, SB410, SB2776, SB2580, SB1886, SB1234, SB739, SB456, SB1666, SB2801, SB2055, SB1012, SB2926, SB2138, SB1242, SB2615, SB2310, SB1224, SB2972, SB2841, SB3016, SB2139, SB1856, SB2035, SB1528, SB1141, SB2401, SB2530, SB2375, SB547, SB1266, SB1373, SB1467, SB2069, SB2269, SB2480, SB672, SB904, SB2695, SB2891, SB2422, SB2543, SB1854, SB317, SB2539, SB2532, SB2925, SB1250, SB2082, SB2203, SB457, SB2357, SB2721, SB243, SB1285, SB2568, SB1959, SB1442, SB1454, SB2520, SB2541, SB1708, SB1237, SB1844, SB1586, SB1551, SB3039, SB2819, SB66, SB629, SB1015, SB2342, SB2903, SB2933, SB1965, SB2477, SB3029, SB2605, SB2419, SB1957, SB375, SB250, SB777, SB628, SB2523, SB2367, SB2703, SB2608, SB2778, SB3044, SB2965, SB2521, SB865, HB2525, HB3093, SB1032, SB2165, SB2501, SB2675, SB2452, SB2835
Keywords:
sales tax exemption, exotic animals, game animals, agriculture, livestock, gifted education, education support, student achievement, academic excellence, Texas education, cowboy culture, Bandera, cultural heritage, historical significance, Texas identity, Birding Capital, Matagorda County, wildlife, conservation, Texas Legislature
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 11th, 2025
Transcript Highlights:
- that continue to exist in California and our learning. gaps, achievement gaps that exist with our students
- Katie Lagomarsino with the Department of Finance.
- Department of Finance, please. Hugo Solis Galena with the Department of Finance.
- And why don't we start with finance? George Harris, Department of Finance.
- George Harris, Department of Finance.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/3/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- We bridge the gap through creative financing for entrepreneurs and our partners.
- Fortis Capital is we provide gap financing.
- So, a lot is we provide GAP financing.
- <00:10:47.839>
financing making sure that we have gap financing making sure that we have gap - The interest rate for this type of gap financing for the business owner? >> Mr.
Keywords:
unemployment insurance, judicial officials, paid leave, economic development, worker protections, workforce development, unemployment benefits, youth training, grants, job creation, grant funding, revolving loan, underserved communities, disadvantaged groups, electrical licensing, installation, Class A installer, regulations, labor and industry, 1183
Summary:
The committee first adopted the minutes from February 26 and then heard House File 2581, authored by Representative Frazier, which sought $1 million for Fortis Capital, a nonprofit economic development lender. Frazier and Fortis CEO Brian Smith described Fortis as a gap-financing lender that helps underserved entrepreneurs who cannot meet traditional bank underwriting standards. They said the organization has made 37 loans totaling more than $4 million since 2021, leveraged another $29.5 million, and created 314 jobs. Smith said Fortis typically charges around 6.5% interest, has had two defaults, and uses a revolving loan fund model that recycles repayments; members discussed how the proposal fits with other state economic development programs and whether Fortis should instead be part of a competitive grant process. The chair laid HF 2581 over for possible inclusion in a budget bill.
The committee then heard House File 3707, brought by Representative Berg, which would extend confidentiality protections to unemployment insurance and paid leave judges and related staff by adding them to the definition of judges for purposes of protecting personal information. Berg and testifiers from the Department of Economic Development and MAPE said the bill responds to harassment and safety concerns, including threats, doxxing, and an attack near an office, and is intended to protect people making sensitive determinations. MAPE supported the bill as an update to existing protections for similar workers.
Members raised concerns that the bill’s language was too broad, especially the reference to the paid leave division, and questioned whether it should cover only judges or also call-center and other staff. Department and committee members agreed the language likely needed narrowing and discussed possible amendments and whether to move the bill to Judiciary and then revisit it. No final vote was taken on HF 3707 during the discussion, and the bill remained under consideration for further language work.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Racial Equity, Civil Rights, and Inclusion Jun 21st, 2026 at 01:00 pm
Joint Committee on Racial Equity, Civil Rights, and Inclusion
Transcript Highlights:
- Closing the racial wealth gap is essential to closing health racial gaps.
- the racial wealth gap.
- But the Latino-white gap is still larger than the national gap, and the Black-white gap has seen a slower
- The racial wealth gap is also a racial entrepreneurship gap.
- You continually see this: the gap for White women is 8 cents, the gap for Asian women 11 cents, the gap
Summary:
The Joint Committee on Racial Equity, Civil Rights, and Inclusion held a hearing on the impact of federal policy on the racial wealth gap in Massachusetts, the fourth in a series on federal impacts on racial equity. Chair Bud Williams and Chair Miranda opened by emphasizing that no bills were being heard and that the committee would instead take testimony from invited witnesses; public written testimony was also accepted. The chairs and witnesses repeatedly cited long-standing wealth disparities affecting Black and brown communities, including homeownership, wages, business ownership, and access to capital, and linked those disparities to federal policy changes, housing, education, health care, and workforce development.
Administration officials testified first. Secretary of Labor and Workforce Development Lauren Jones described persistent labor market disparities, including higher unemployment for Black and Latino residents, lower median hourly wages, and underemployment among degree holders, and highlighted state efforts such as ESOL-for-work funding, workforce training grants, MassHire career centers, skills-based hiring, and the state equity dashboards. Secretary of Health and Human Services Kiami Mahania argued that poverty drives poor health, not the reverse, and said wealth gaps contribute to chronic disease, maternal health inequities, medical debt, and shorter life expectancy; she pointed to the Advancing Health Equity Massachusetts initiative, a health care affordability working group, and the governor’s push to bar medical debt from credit reporting. Assistant Secretary Juan Vega of EOED focused on entrepreneurship and procurement, citing technical assistance grants, founder support programs, place-based investment, the Business Front Door, and the need to broaden access to contracts, capital, and business growth opportunities.
Committee members pressed the panel on the effects of the federal “big beautiful bill” on households, especially single-parent and Black women-led households, and on whether the state could develop more timely data systems instead of relying on federal numbers. Officials said the impacts were still being monitored, but warned that Medicaid and SNAP changes would likely hit lower-income households and community institutions hard. Members also asked about unions and apprenticeships, microbusiness definitions, supplier diversity, pay equity, and degree inflation; the administration said registered apprenticeships and skills-based hiring are key tools, and noted that wage equity reporting is still in its early stages. Later testimony from BECMA’s Nicole O’Bean stressed that tariffs, DEI rollbacks, immigration enforcement, capital gaps, and federal funding cuts are constraining Black-owned businesses and inclusive procurement, while Gastón Institute researchers described severe Latino homeownership and rent burdens, educational inequities, and the need for housing, labor, and education policy changes to close the wealth gap.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 11th, 2025
Transcript Highlights:
- that continue to exist in California and our learning gaps, achievement gaps that exist with our students
- Department of Finance, please. Hugo Salis Galena with the Department of Finance.
- And why don't we start with Finance? George Harris, Department of Finance.
- of the Department of Finance.
- George Harris, Department of Finance. George Harris, Department of Finance.
Summary:
The committee heard presentations on the Governor’s education budget proposals for the Local Control Funding Formula (LCFF), Learning Recovery Block Grant, and Expanded Learning Opportunities Program (ELOP), followed by testimony from State Board of Education President Linda Darling-Hammond. On LCFF, Finance outlined the proposed 2.43% COLA, repayment of prior deferrals, and a trailer bill penalty for LEAs that fail to adopt Local Control Accountability Plans on time. The LAO said its COLA estimate was slightly lower and raised concerns that the Governor’s proposed TK staffing ratio increase may be more costly than estimated. Members also discussed whether the current COLA formula should better reflect California-specific or district staffing costs, and whether TK should be more clearly separated from the K-3 grade span adjustment to avoid larger K-3 class sizes. The chair asked staff to work with the LAO on both the TK/K-3 issue and alternative COLA calculations.
For the Learning Recovery Block Grant, Finance proposed restoring the first of three delayed payments, $378.6 million one-time Proposition 98 General Fund, while the LAO recommended adopting the proposal but extending the expenditure deadline by at least a year. The LAO reported that districts had spent $1.6 billion of the $6.8 billion received through 2023-24 and said most districts were only now shifting from federal COVID relief to block grant spending. Members questioned whether the large state and federal investments were improving outcomes, citing declining reading and math trends, while Finance and the State Board president pointed to some signs of improvement, especially in math, attendance, and gains for some student groups. Darling-Hammond emphasized that student needs have grown, that recovery spending has gone to devices, ventilation, staffing, tutoring, summer school, and community schools, and that targeted interventions appear to be helping some districts recover faster than others.
On ELOP, Finance proposed adding $435 million to expand universal access by lowering the Tier 1 threshold from 75% to 55% unduplicated pupils, bringing ongoing funding to $4.4 billion. The LAO said the estimate was reasonable but recommended delaying implementation for a year, aligning ELOP with ASES to reduce overlap, moving toward funding based on participation rather than enrollment, and considering a fixed Tier 2 rate. Members and witnesses discussed staffing challenges, the use of funds for students with disabilities, and uncertainty in Tier 2 funding caused by unspent dollars and opt-outs. Darling-Hammond supported ELOP as part of California’s broader after-school and summer learning strategy, said most districts are now offering full-day TK and expanded learning, and urged the state to reduce fragmentation across categorical programs and build more unified systems for funding, reporting, and support.
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight May 28th, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- Um, it had typically been used for rental development gap financing for the, to supplement the federal
- financing to a lot of projects.
- And, and just a follow-up question, how, how much of a gap is there or how big is the gap in terms of
- How do we fill that gap?
- , um, over $270,000 in that gap.
HI
Hawaii 2025 Regular Session
WAM-CPN, WAM DEFER, WAM DEFER, WAM, WAM, WAM, WAM-JDC Public Hearings 02-26-2025
Ways and Means
Transcript Highlights:
- financial plan on how to best Finance financial plan on how to best Finance the<00:47:23.359>
- and bond financing.
- and tax increment bond financing and tax increment financing, and that is a form of financing used in
- You get tax increment financing. You have enough financing to build us a nice stadium.
- <01:00:29.000>
of finance number one that basic gap of finance number one that basic gap of
Summary:
The committees considered a large number of Senate bills, with many measures advanced either unamended or with technical or substantive amendments. Early action included SB 88 and SB 11 SD1, both passed unamended, and SB 562 SD1 and SB 642 SD1, which were passed with amendments reflecting agency testimony. SB 1133 SD1 was amended to remove duplicative county requirements and clarify tax credit carry-forward eligibility, while SB 1569 SD1 on sports wagering was deferred. Later, SB 933 on nonprofit/federal funding support drew strong testimony from nonprofit and health advocates emphasizing the risk of federal funding freezes and the importance of protecting services such as early learning, domestic violence support, housing, and workforce supports; the committee recommended amendments to define eligible organizations, require reporting, and include the Judiciary. SB 934 and SB 935 were also amended, with SB 934 tying mass transit funding to Honolulu project milestones and SB 935 revising retirement-system language to change “fewer than five years” to “five or more years.”
The committees then took up additional measures with targeted amendments. SB 1033 was amended to clarify that the bill applies to legal entities, not individuals, though members noted concerns about closely held family corporations and asked that the issue be reflected in the committee report. SB 1166, SB 1249, and SB 1256 were advanced with amendments or committee-report notes reflecting concerns from the Attorney General, Hawaii Cattlemen’s Council, and Hawaii Farmers Union United, respectively. SB 1432 and SB 137, both relating to electric utilities, were amended to require retention of covered employees after mergers or acquisitions and to direct the PUC to consider whether proposed transactions further state policy goals. SB 157 on antitrust was narrowed to focus on coordinator conduct in rental housing markets, SB 252 on invasive species received a defective effective date, and SB 336 on defense of state employers and employees passed unamended. SB 536 on the Hawaii Community Development Authority was deferred to a later hearing, and SB 1064 on medical cannabis was heavily amended to authorize cultivator licenses with limits on canopy size, license counts, physician fees, and a special-fund appropriation for enforcement.
In the Ways and Means portion, the committee passed several bills unamended, including SB 19, SB 124, SB 264, SB 345, SB 422, and SB 741 and SB 747 later in the agenda. SB 361 was amended to remove references to the attorney general and delete an appropriation section, SB 438 was amended to redefine buffer zones and landfill-unit language, and SB 441 and SB 494 were amended to blank appropriations and, in SB 494, assign charter-school audit responsibility to the state auditor. SB 659 was substantially amended to promote local procurement, including county-level geographic preferences and higher thresholds for locally sourced purchases, and SB 732 was amended to adjust film tax credit provisions, including the streaming-platform definition and sunset-related language. SB 819 was amended to replace references to “educators” with “teachers.” Throughout, most measures were adopted without recorded opposition, though several members noted reservations on particular bills.