Video & Transcript : 'aggregate bond limitation' :
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CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Feb 25th, 2025
Transcript Highlights:
- With their limited tax dollars, where are some of the occupational safety hazards?
- Thank goodness it's so yesterday, but not up here in Sacramento where we're pumping limited taxpayer
- that we're saying we need bonds and we've supported those, or we're saying various programs we want
- And AB 113 does revise the labor union election process and adds new new appellate bonding and civil
- It also revises the appellate bond provisions and requires employers to post a bond as a condition of
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 4/9/25
Human Services Finance and Policy
Transcript Highlights:
- On line 436, there are training limits, IHS training limits, which are different than the governor's
- ><c> training</c><00:07:31.919><c> limits</c><00:07:32.479><c> which</c><00:07:32.800><c> are</c> limits
- uh IHS training limits which are limits uh IHS training limits which are different<00:07:33.759><c>
- </c><00:07:48.720><c> night</c> 443 is the IHS training limits night 443 is the IHS training limits night
- </c><00:32:42.880><c> occur</c> sanctions from maturity bond occur sanctions from maturity bond occur
Bills:
HF2434
Committee:
House Human Services Finance and Policy
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Forty Four - Tuesday, March 31 - Afternoon Session
Missouri House Floor Meeting
Transcript Highlights:
- First, I'd like to talk about what the common limit is.
- However, I think limiting the access... I'll change my mind on this.
- a term... ...him about term limits and how terrible they are.
- And what this bill does, it has to do with bond elections.
- And what this bill does, it has to do with bond elections.
MN
Transcript Highlights:
- its size and place we sought to limit its size and scope<00:33:04.000><c> provide</c><00:33:04.320><
- However, this seasonal exemption is of limited utility to farms and ranches with a focus on livestock
- However, this seasonal exemption is of limited utility to farms and ranches with a focus on livestock
- However, this seasonal exemption is of limited utility to farms and ranches with a focus on livestock
- population of of kind of an aggregate population of of farms<01:00:00.319><c> in</c><01:00:00.480><c
Committee:
Senate Labor
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/15/2025)
Transcript Highlights:
- This limit we currently run in Hudson during the week.
- They have no limit; they can give away $10,000, $20,000.
- They have no limit; they can give away $10,000, $20,000.
- But as long as my aggregate uh bucks.
- And I mean, is it limited just to bingo? Yes.
Summary:
The committee held a public hearing on SB 60, which would expressly authorize advanced deposit wagering for horse racing in New Hampshire and set the online tax rate at 1.25%, matching the existing rate for in-person horse betting at Seabrook and Belmont. Senator Tim Lang said the bill is intended to clarify that online horse betting is permitted, regulate the activity, and create a revenue stream while keeping the tax rate consistent with brick-and-mortar wagering. Members asked about the rate compared with other states, whether the bill was really about casino front money, and whether geofencing would apply; Lang and later witnesses said the bill is narrowly limited to parimutuel horse racing and would use geofencing to keep wagering within New Hampshire.
Peter Bragdon, speaking for Churchill Downs, supported the bill and described advanced deposit wagering as remote betting on horse races under the Interstate Horse Racing Act of 1978. He said Churchill Downs and other operators have long been active in New Hampshire, but the state’s lack of a specific statute has created a gray area. Bragdon said Churchill Downs stopped its own New Hampshire online operations in 2022 after discussions with the Lottery Commission and attorney general, while competitors continued operating, and he framed the bill as a fairness and consumer-protection measure that would clarify the law going forward. He also said the bill would not affect historic horse racing machines and would not create cannibalization of charitable gaming.
Lottery Director Charlie McIntyre said the Lottery Commission and attorney general had identified the issue as similar to the earlier fantasy sports situation, where legislation was used to regulate an activity rather than pursue enforcement. He said the commission requested the bill, would serve as the regulator, and would address violations through rulemaking and penalties. McIntyre said operators would maintain customer and transaction records, with the commission reviewing them as needed, and he noted that three operators are currently active in the state and not paying the proposed 1.25% rate. No vote was taken during the hearing.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 12th, 2025
Transcript Highlights:
- This has been a challenge from a resource limitation standpoint.
- So, what strategies could projects implement to limit the co-pollutant emissions?
- On a two-year limited term basis rather than an ongoing basis.
- Often, there's pushback about, "Oh, limited term positions."
- So, CARB received authority for these 32.5 limited-term positions.
MN
Minnesota 2025-2026 Regular Session
Joint Hearing: Human Services Committee and Health and Human Services Committee - Part 2 - 05/04/26
Transcript Highlights:
- It has modified language related to required surety bonds.
- </c> required shity bonds. required shity bonds.
- I would say we do have concerns with putting a time limit here in law.
- And so, as is, I don't understand the rate limits on 191.27.
- I think that's related payment limits.
Summary:
The committees resumed discussion of amendments to a bill dealing with licensing moratoria, change-of-ownership rules, and related provider oversight issues. Amendment A8 would prevent a licensing moratorium for certain intermediate care service settings from blocking a new license when the change is due to a change of ownership, including temporary licenses and transitional licenses. Department of Human Services staff said they were still reviewing the language but explained the department’s concern was maintaining program integrity and ensuring owners go through full change-of-ownership review so the agency can see who owns a provider and check compliance history. Senators supporting the amendment argued it would keep legitimate businesses from being harmed by a moratorium and could help preserve providers when ownership changes or family members take over after a death. A8 was adopted on a roll call, with both committees voting in support.
Amendment A9, also on the moratorium topic, would exempt a change of ownership from the moratorium so long as it does not increase license capacity or service scope. The department said it needed more analysis to avoid unintended consequences, but the amendment was added to the working bill. Amendment A10 proposed a more detailed, data-driven framework for the moratorium and included a provision about refunds after implementation; department staff said the language would add cost and would require technical assistance, while senators emphasized the need to address licensure backlogs and avoid making provider delays worse. A10 was approved by the committees, though not unanimously.
Amendment A11 would have set standards for how the commissioner designates provider types or program areas as moderate or high risk, with added transparency criteria. The department said the commissioner already has that authority and raised concerns about federal requirements and the state’s corrective action plan, and Senator Hoffman withdrew the amendment. Amendment A12, offered by Senator Fateh, would preserve remote supports by removing bill language that repealed the service and would add safeguards for remote overnight supervision, including staffing ratios to ensure emergency response times can be met. Several senators supported keeping remote services as an important, cost-effective option amid workforce shortages, while the department said it had program integrity concerns and supported the governor’s proposal to remove the service. The committee nevertheless advanced A12, with members noting the need to balance safety and integrity with access to services.
MO
Missouri 2026 Regular Session
Budget Feb 17th, 2026
Transcript Highlights:
- disability began before age 46 are now eligible to open an ABLE account, up from the previous age limit
- And here we are 60, 61 years later, and I would say limited success.
- Because, I mean, you have limited staff in order to be able to do this.
- So we're really limited in terms of how much we can help with that. Page 174 is the next one.
- But we certainly wouldn't want to aggregate it statewide. No.
Summary:
The committee first heard the Office of State Treasurer’s FY27 budget presentation from Treasurer Vivek Malik. He highlighted record investment earnings, growth in MOBUCK$ linked deposits, record unclaimed property returns, expansion of the MOST 529 plan, and changes to the MoABLE disability savings program. Members then focused heavily on two budget requests: $750,000 for the Show Me My Retirement Savings program and additional spending authority for the Missouri Empowerment Scholarship Accounts (MOST Scholars) program, along with a staffing request for compliance and communications positions. Much of the discussion centered on MOST Scholars’ rapid growth, how applications are prioritized, whether income is reverified, how funds flow through educational assistance organizations, and concerns about marketing, geographic distribution, and the use of public dollars for private schools. The treasurer also answered questions about the 529 plan, the pending lawsuit over the ESA general-revenue transfer, and whether funds should be swept back to general revenue when unused.
Several members raised policy objections to MOST Scholars, including concerns about discrimination by participating private schools, the lack of annual income requalification, and whether the program shifts money away from public education. Other members defended the program as a parent-driven choice option and asked about expanding access, improving outreach, and ensuring the program is fully funded. The treasurer said the office was following the statute as written, that the program’s demand could exceed available resources, and that the office would continue to seek more funding and better outreach. The committee then concluded the treasurer’s budget hearing.
The committee next began the FY27 budget hearing for the Department of Higher Education and Workforce Development. Commissioner Bennett Boggs introduced the department’s leadership team and gave a brief overview of the department’s role in aligning postsecondary education with workforce needs through its coordinating board and strategic planning. The hearing had just started when the transcript ended, and no votes or final actions were taken in the portion provided.
OK
Transcript Highlights:
- So, this would limit that to 10%.
- Members, 3435 is just basically a single subject rule for municipal bonds.
- So this came about due to a municipality that had had a particular project fail on a standalone bond
- issue, and it was Discussed by the governing body to log row it with a public safety bond package to
- on some information provided by another representative in the building, With Oklahoma City's last bond
Bills:
HB1245 , HB2588 , HB3024 , HB3172 , HB3279 , HB3919 , HB3306 , HB3383 , HB3431 , HB3435 , HB4352 , HB3883 , HB3942 , HB4193 , HB4203 , HB4303 , HB4311 , HB4484
Committee:
House Government Oversight
Keywords:
retirement, pension, public employees, Oklahoma Public Employees Retirement System, benefits, survivorship, contribution rates, disability retirement, owners associations, membership requirements, property ownership, board governance, residency requirements, salary increase, state employees, public finance, bonus limits, job performance, Fair Banking Act, financial institutions
CA
California 2025-2026 Regular Session
Assembly Communications and Conveyance Committee Mar 19th, 2025
Communications and Conveyance
Transcript Highlights:
- Outside the door in order to facilitate the goal of hearing as much as from the public within the limits
- And 15 states had limited requirements. That is, you had to prove that you really did need service.
- In the aggregate, we have universal service, the need to keep universal service, and the question of
- I'm going to ask everybody to limit themselves to one minute.
- And limit growth.
Committee:
House Communications and Conveyance
NH
New Hampshire 2025 Regular Session
House Finance Division III (03/03/2025)
Transcript Highlights:
- </c><00:12:06.399><c> it</c> much money you spend in the aggregate it much money you spend in the aggregate
- Not to my knowledge, but my knowledge is probably limited.
- Those are very limited.
- </c><01:39:37.520><c> it's</c> programs those are very limited it's programs those are very limited it's
- ><c> it's</c><01:39:39.840><c> tough</c> limited feedback uh because it's tough limited feedback uh because
Summary:
The committee held a Division 3 budget work session focused on the Department of Health and Human Services’ Division of Economic Stability. Karen Hebert, the division director, and Nathan White, DHHS chief financial officer, walked members through the governor’s operating budget pages and a briefing book, explaining that the division was consolidated in 2018 and serves programs aimed at financial stability, poverty reduction, child care access, and related supports. Members repeatedly asked for clearer breakdowns of general fund spending, historical growth since consolidation, and how the division’s broad mission areas map onto specific budget lines.
A major portion of the discussion centered on the Bureau of Child Development and Head Start collaboration and the child care subsidy program. Hebert said the child care scholarship/subsidy helps low- and moderate-income families access daycare so parents can work, attend school, or receive treatment, and that eligibility is based on state median income up to 85%. She reported a 45% increase in utilization, 4,032 children receiving daycare support as of the end of January, and about 15% of eligible children being served. She also described the quality improvement system “Granite Steps for Quality,” with 160 providers enrolled out of 717 licensed programs, and noted that 1,200 child care professionals added credentials in the last year.
Members pressed for cost-benefit information, asking for data on how much the state pays, how many providers and children are served, and whether the department could quantify unmet need. The witnesses said some projects were funded with short-term ARPA child care dollars and that detailed cost data for specific examples, such as the Gorm Community Learning Center expansion, would need to be looked up. They also explained that the child care fund is a federal block grant with required spending set-asides of 9% for quality, 3% for infants and toddlers, and up to 5% for administration, and that unused funds remain available. The committee also reviewed slide 10’s accounting units, including that the Child Care Workforce Fund is 100% general funds and was created as a priority item under HB 2 from the 2024 session, while some other child care-related units are 100% federal funds.
MA
Massachusetts 2025-2026 Regular Session
Cabo Verdean Cultural Center Mar 11th, 2026
Transcript Highlights:
- And one of the lasting things that Evandro did was that he made sure that he had put a bond bill together
- And one of the lasting things that Evandro did was that he made sure that he had put a bond bill together
- And I don't foresee any trouble there, but we do have a limited amount of time to be able to put together
- But the big prize is going to be in a bond bill.
- But the idea is to put millions of dollars in a bond bill that will help us seed the dream... ...bond
Summary:
The Cape Verdean Cultural Center Commission met with quorum, opened with roll call, and welcomed several new commissioners from across Massachusetts, including community leaders, scholars, elected officials, and representatives from Cape Verdean organizations. Chair Miranda and the facilitators described the commission’s purpose: to study and recommend a path toward a Cape Verdean cultural center in Boston, including its organizational structure, location, programming, and feasibility study. Miranda emphasized the long effort behind the commission and said the goal is to produce a report that could support a future center with features such as an auditorium, library, recording studio, and restaurant.
Commissioners discussed how to gather public input, with suggestions including visits to existing cultural institutions, traditional listening sessions in communities such as Boston, Brockton, New Bedford, Taunton, Fall River, the Cape, and the Islands, and collecting feedback at festivals and other Cape Verdean events. Members also raised the importance of involving youth, elders, artists, and local historical societies, and of correcting myths and gaps in the historical record about Cape Verdean communities in Massachusetts. Funding was discussed briefly: short-term support may come through earmarks, while larger support would likely need to be pursued through a bond bill.
The group agreed to continue sharing ideas by email and through a future repository or shared platform, with meeting minutes to be circulated the following week. A motion was made and seconded to approve the February 2 meeting minutes, and the commission voted to adjourn. The next meeting was tentatively planned for early April, with a Doodle poll to be sent out to members.
LA
Transcript Highlights:
- It does not limit each individual action.
- This does not limit $500,000 to, it's not per accident.
- There's no limit on those damages.
- It means deciding there is a limit to her pain.
- But if someone dies, the family is limited to that $500,000.
Committee:
House Civil Law and Procedure
Summary:
The committee first took up HB 51 by Rep. Villio, a constitutional amendment to prohibit post-conviction bail for people convicted of aggravated offenses against minors. Members adopted a technical amendment to simplify the ballot language, heard a 6.8A report explaining the committee’s authority over constitutional amendments, and then adopted the report and passed HB 51 with amendments. Support was noted from law enforcement and district attorney groups.
The main item was HB 526 by Rep. Dickerson, which would cap general damages in civil cases at $500,000 in most cases and $1 million for severe permanent injury, while leaving economic damages uncapped. The bill drew extensive testimony from trucking, logging, business, and insurance-reform advocates who argued that unpredictable verdicts and “nuclear verdicts” drive up commercial insurance costs and push businesses out of Louisiana. Opponents, including attorneys and victims’ advocates, argued the bill would unfairly limit recovery for seriously injured people and could harm sexual assault survivors and families in wrongful death cases. After debate, the committee adopted an amendment clarifying the cap applies per individual plaintiff rather than to the action as a whole, but then rejected a motion to report the bill; the roll call was 4 yeas and 5 nays, so HB 526 remained in committee.
The committee then heard HB 173 by Rep. Bamberg, which would bar recovery for bodily injury or property damage by a driver who had failed to maintain required auto insurance for at least 30 days before the crash. Supporters said uninsured motorists contribute to higher premiums and should not recover large awards, while opponents warned the bill would punish innocent spouses, children, and other people who may be unaware coverage lapsed. An amendment was adopted to add the 30-day uninsured requirement, and the bill moved to opposition testimony, but the transcript cuts off before any final vote on HB 173.
TX
Transcript Highlights:
- Commercial paper and revenue bond programs to try to take care of those drainage needs.
- So I don't know that there's any limitations necessarily there.
- And these are companies that can get billion-dollar bonds any day.
- can do to limit growth.
- You know, there's direct loans from the state versus them having to bond themselves.
Committee:
House Natural Resources
TX
Transcript Highlights:
- We have launched our kind of first. commercial paper and revenue bond programs to try to take care of
- So I don't know that there's any limitations necessarily. there.
- They vote on them. those issues and no issue is off limits.
- And they have grown fast and there's limits as to what municipalities can do to limit growth.
- There's direct loans from the state versus them having to bond themselves. Thank you.
Committee:
House Natural Resources
HI
Hawaii 2026 Regular Session
FIN Info Briefing - Mon Jan 5, 2025 @ 1:00 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- So, as much as possible, try to keep that limited. Otherwise, it went up in the 70s.
- The microphone system may pick up side conversations, so please keep those limited.
- , and it is cheaper than general obligation bonds.
- And it's everybody's competing against general obligation bonds. So we have to start looking.
- So we have to start obligation bonds.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 1 on Education Apr 23rd, 2026
Transcript Highlights:
- And the bond was there, the love was there, and the passion to succeed with this young boy.
- The proposition authorized a total of $10 billion in state general obligation bonds.
- Also, as of that same date, approximately $3 billion in available bond authority for modernization, in
- the rebuilding of schools, particularly in areas that were impacted by the fires and some of that bond
- There was not a specific amount earmarked from the bond authority for that purpose.
Summary:
The Senate Budget Subcommittee on Education heard the Governor’s proposals on dual enrollment, reading difficulty screeners, special education, school facilities, and Commission on Teacher Credentialing programs. For dual enrollment, the Department of Finance described a $100 million one-time Proposition 98 General Fund proposal to expand the Dual Enrollment Opportunities Grant Program, add flexibility for regional occupational centers, support justice-involved youth, prioritize higher-need LEAs, and allow funds for teacher professional development, along with a reduction in required instructional minutes for some dual enrollment students. The LAO recommended rejecting the new funding, saying it did not address a clear implementation barrier, while CDE supported the proposal and suggested reserving $10 million for technical assistance. Members and public commenters largely supported the expansion, with some urging additional technical assistance and broader access, including adult dual enrollment.
The committee then discussed the reading difficulty screener proposal, which includes $40 million one-time Proposition 98 General Fund for implementation costs and statutory changes that would delay formal screening until the 91st day for kindergarten and the 46th day for grades 1-2. Finance said the timing was intended to reduce over-identification and align screening with sufficient exposure to instruction; the LAO recommended rejecting the funding and redirecting it to a discretionary block grant. CDE supported the investment but cautioned about the timing restrictions, and several members and public witnesses argued the proposed deadlines were too rigid and could delay early intervention, while others supported the structured timeline as a way to improve accuracy and reduce misidentification.
On special education, Finance presented a proposal to increase the statewide base rate to $99 per ADA through a $509 million ongoing Proposition 98 General Fund augmentation, plus COLA and a negative growth adjustment. The LAO said the proposal should be adopted but estimated it could be achieved with less funding; CDE strongly supported the increase, citing rising enrollment and local cost pressures, and district and SELPA representatives described large local funding gaps and growing expenditures. The committee also reviewed school facilities funding under Proposition 2, with Finance and the Office of Public School Construction describing $1.5 billion in proposed bond spending, existing balances for new construction and modernization, and the use of bond authority for natural disaster recovery, including projects related to recent fires. For the Commission on Teacher Credentialing, the committee heard about the Student Teacher Stipend Program, the Golden State Teacher Grant, state operations funding for misconduct investigations and SB 848 implementation, and a $250 million proposal to extend the Teacher Residency Grant Program; CTC supported the proposals and highlighted new data systems and technical assistance, while public testimony broadly backed the investments and urged continued or additional funding for teacher recruitment, literacy screening support, and special education.
FL
Florida 2025 Regular Session
Appropriations Jun 5th, 2025
Transcript Highlights:
- MEMBERS, WE HAVE IN STATUTE A DEBT REDUCTION STRATEGY OUTLINED BY THE DIVISION OF BOND FINANCE.
- $250 MILLION A YEAR FOR THE GENERAL REVENUE FUND EACH FISCAL YEAR TO ACCELERATE THE RETIREMENT OF THE BONDS
- WE HAVE A LIMIT OF 7 PERCENT BUT WE HAVE BEEN PAYING IT DOWN SO WELL WHEN WE HAVE SOME EXTRA REVENUES
- IN OTHER WORDS, ARE WE TYPICALLY PAYING UPFRONT COSTS WHEN WE DO THE BONDS THAT WE ARE NOT CONSIDERING
- WHEN WE RETIRE THE BONDS?
ID
Transcript Highlights:
- So we wouldn't limit it to two minutes or can I think what she can say will be quick and if you had I
- home, that they, And the only bonding that they've ever known is in a foster home, that their parents
- have gone to prison—their mom and/or dad have gone to prison—and the only bonding relationship that
- They may, if the child is older and they've continued to have a bond, absolutely they'll consider it.
- When it comes down to it, it's like our Constitution places limits on what government can and cannot
Committee:
House Health and Welfare
FL
Florida 2026 5th Special Session
FL House Floor Session - 2025-04-25 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- But all of that revenue, other than what's bonded—so if your convention center is bonded to be paid for
- But all of that revenue, other than what's bonded, so if your convention center is bonded to be paid
- So if a CRA wants to start a new project, they need the bonds to have access to create new bonds, and
- Yes, there are going to be limitations.
- Yes, there are going to be limitations.
Summary:
The House opened with prayer, a moment of silence for fallen Oviedo Officer Jimmy Serrano-Torres, the Pledge of Allegiance, and recognition of Chief Joseph Tuminelli as law enforcement officer of the day. The Rules and Ethics Committee report setting the special order calendar was adopted, and the Speaker announced schedule changes for the following week, including canceling the floor session on Monday and starting Tuesday at 10:30 a.m.
The main floor action centered on CS/HB 7033, the House tax package. Sponsor Rep. Duggan described broad tax changes, including reducing the state sales tax rate from 6% to 5.25%, exempting certain bullion sales, repealing the aviation fuel tax, delaying the natural gas fuel tax, changing corporate income tax treatment for charitable trusts, reducing the pari-mutuel tax on card rooms, and major changes to tourist development tax (TDT) use. The bill would redirect most TDT revenue toward property tax relief, dissolve tourist development councils, and include related property tax and local tax administration changes. Several amendments were debated: a Driscoll amendment to preserve local TDT flexibility failed; Duggan’s amendment giving local governments 25% discretion over TDT revenues was adopted; Eskamani’s combined-reporting amendment failed; and a Duggan amendment requiring audit certification of compliance with the TDT/property tax relief provisions was adopted. After debate, CS/HB 7033 passed 78-29.
The House then took up CS/CS/HB 1221 on local option taxes, which was presented as a companion-style measure to give local governments more flexibility while redirecting TDT revenues toward property tax relief. Supporters argued the bill would provide immediate relief to property owners and restore accountability in local tax use, while opponents warned it would undermine tourism funding, infrastructure, and local services. An amendment allowing local governments to retain 25% of TDT revenues for general purposes was adopted, and the bill passed 62-45 after floor debate.
The final item shown was the reading of CS/CS/HJR 1257, a proposed constitutional amendment related to property tax exemptions and assessment limits, but the transcript cuts off before debate or action on that measure.