Video & Transcript Research : 'aggregate bond limitation'

Page 18 of 500
AZ
Transcript Highlights:
  • I didn't even aggregate anything else beyond that, which is even worse.
  • funded and issuing the bonds?
  • But it sounds to me that your proposal is to do all of that through bonding. Mr.
  • I don’t think financing bonds for that is appropriate, and that’s just my opinion.
  • I wasn’t looking... public very frustrated with about half the bonds approved and half the bonds not
Summary: The joint House-Senate appropriations committee met to review the governor’s fiscal 2027 budget presentation from Ben Henderson, director of the Office of Strategic Planning and Budgeting. Early discussion focused on the state economy and revenue outlook, with Henderson describing strong GDP growth and low unemployment but also fragility for working families. Members questioned the executive’s revenue assumptions, which were said to be about $100 million per year higher than the JLBC baseline, and the committee chair asked for a written comparison of the revenue differences. Henderson also said the governor’s budget is structurally balanced and includes both ongoing spending and proposed revenue changes. A major portion of the hearing centered on data centers, AI investment, and water policy. Henderson argued Arizona’s data center tax incentive should be eliminated because it had already succeeded in attracting investment, while lawmakers questioned whether repealing the incentive and imposing a new water-related fee would discourage future growth. The executive said the water proposal would create a Colorado River Protection Fund and give the Department of Water Resources fee-setting authority, with the aim of encouraging more modern air-cooled facilities. Members also raised concerns about whether the data center changes would require a supermajority vote and whether the fee was effectively a new tax. The committee then reviewed major “critical spending” items, including correctional officer pay, prison health care compliance, probation funding, body-worn cameras, law enforcement staffing, fentanyl enforcement, cyber readiness, and border-related costs. Henderson said the budget includes $24.4 million ongoing for correctional officer pay and $118.3 million one-time for prison health care staffing, plus other public safety and homeland security items. He also defended the governor’s assumption of $759.7 million in federal reimbursement for border expenses, saying the governor had met with federal officials and that the state would seek the full amount. Members expressed skepticism about relying on that reimbursement and asked what would be cut if it does not materialize. Education and health and human services were also discussed. The governor’s budget includes K-12 funding, Prop. 123-related school facility bonding, and a proposal to shift some school facilities funding to bond financing, which several members criticized as inappropriate for short-term maintenance needs. The committee also reviewed AHCCCS/Medicaid costs, Division of Developmental Disabilities funding, and the expected impacts of federal HR1 changes on eligibility, provider funding, and rural hospitals. No votes were taken during the hearing, and the chair repeatedly limited debate and directed members to keep questions brief while the presentation continued.
CA
Transcript Highlights:
  • All right, let's start with issue number one: Proposition for climate bond expenditure plan for clean
  • DSGS is designed to fund private entities that are working on aggregation.
  • Prop. 4, by statute, is limited to public agencies, local governments, nonprofits.
  • As was noted, in 2024 the voters of California approved this $10 billion bond, Prop. 4.
  • I'm with Leap, Leap Frog Power, which is a demand response aggregator based in California.
Keywords: 987, senate, all
ND

North Dakota 2025-2026 Regular Session

Senate Floor Session Apr 15th, 2025 at 01:00 pm

North Dakota Senate Floor Meeting

Transcript Highlights:
  • Data points for every type of expense would need to be identified and recorded in a dated, aggregated
  • So your Senate decided to lower some of these obligations with bonding and lines of credit because of
  • That was eliminated: the $100 million bond that was for the Southwest Pipeline Project.
  • We looked at some alternatives for funding these outside of bonding, and these two large projects are
  • It was a little like the concept we did with the FM version when we bonded it.
Keywords: 908, all
Summary: The Senate met with a quorum present and handled a mix of conference committee appointments, appropriations bills, policy bills, and House amendments. Early in the session, the chamber appointed conference committees for SB 2399 and for House-amended SBs 2213 and 2354, and also named conference committees for HB 103, HB 1308, and HB 1169. The Senate then took up several appropriations measures, including HB 1612, which creates the North Dakota Center for Aerospace Medicine at UND; the Senate adopted an amendment shifting the funding to a one-time $250,000 Community Health Trust Fund appropriation with a required $250,000 match from other sources, and the bill passed 39-7. HB 1193, the “Back the Blue” grant, was amended to make the funding one-time and focus on officer retention, then passed 41-5. HB 1329, a government spending database proposal for school districts, was amended into a legislative study and passed 42-4. HB 1020, the water budget, received extensive amendments reducing and reallocating funding across major water projects, adding studies and oversight changes, and passed 45-0 with the emergency clause. HB 1581, a tribal tourism grant, also passed 40-6. The Senate rejected HB 1330, which would have authorized divestment from direct investments in Chinese companies; after debate over the prudent investor rule, trade impacts, and whether the bill singled out one nation in law, it failed 20-26. HB 1534, limiting property valuation increases, and HB 1266, adjusting the disabled veterans property tax credit, both failed unanimously or nearly so after committee recommendations against them. HB 1566, which would have created a regulatory framework for a product discussed as kratom, was amended on the floor to convert it into a study and then passed 31-15. The chamber also passed HB 2241 on charter schools after a House amendment changed the funding formula to the statewide average from the prior year, and HB 2022, the indigent legal counsel budget, after House changes added funding flexibility, offset lost fee revenue, and included a study on a public defender office. The Senate concurred in several House amendments and then passed a number of Senate bills. SB 2375, allowing joint negotiations between dental providers and insurers under Attorney General oversight, passed 44-2. SB 2251, clarifying that open records requests during state audits should be referred to the audited agency, passed 46-0. SB 2159, related to nuclear energy research, passed 43-3 after House amendments required Industrial Commission approval and consultation with the radioactive waste advisory council. SB 2155, changing gratis antelope license rules, passed 30-16 after debate over landowner rights and tag distribution. SB 251, setting fees and an audit for the Private Investigative and Security Board, passed 44-2. SB 2280, the prior authorization health insurance bill, passed 43-3 with a House-added study and consumer protections. SB 2023, the Racing Commission budget, passed 41-5 after a House change made internship funding one-time. SB 2232, changing prenatal substance exposure reporting requirements and related toxicology rules, passed 44-2. SB 2241, authorizing public charter schools, passed 39-7. The session ended while the Senate was still processing SB 2022’s final passage vote, but the bill had already cleared concurrence on House amendments.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 26th, 2026 at 12:10 pm

Oklahoma Senate Floor Meeting

OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 26th, 2026 at 08:30 am

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • But it doesn't, it's not limited to that. Kirk, for a follow-up, thank you.
  • And so, we're not talking about surety bonds, right? These are professional bonds. Is that correct?
  • And can the author explain the difference between surety bonds and professional bonds?
  • But we tightened some things up as far as the time limits.
  • statutory bond, then he will go before a judge on that appeal.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 26th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • They have the 5% limitation because they're not limited at 3%; they're limited at 5%.
  • California is limited.
  • California is limited.
  • It just, it'll limit, I'll just read what it says. It'll limit.
  • It limits transactions.
Summary: The Senate first considered Senate Bill 1623, a measure updating the state charter for state-regulated credit unions to make them more competitive with federal credit unions. Two amendments were adopted: one changing certain board authority language from “shall” to “may,” and another restoring the title. Supporters said the bill was the product of years of negotiation with bankers and credit unions and would not affect national banks; after questions about membership expansion and census-tract service areas, the bill passed 44-0. The chamber then took up Senate Joint Resolution 39, which would send to voters a constitutional amendment lowering annual caps on assessed-value growth for homestead and agricultural property from 3% to 1%, and for other property from 5% to 3%. Proponents argued it would slow property-tax growth, help seniors and fixed-income homeowners stay in their homes, and not reduce government revenue but only slow future growth; opponents warned it would reduce local revenue growth for schools, counties, infrastructure, and bonding capacity, and would disproportionately benefit higher-value property owners. The resolution passed 38-8, and the special-election referral also passed 38-8. Senate Joint Resolution 47, which would place current voter ID requirements into the Constitution, also advanced and passed 39-8, with the special-election provision passing by the same margin. Supporters said it simply constitutionalized existing law requiring proof of identity and would preserve election security; critics said Oklahoma already has voter ID rules, the measure was unnecessary, and the language could create uncertainty for absentee voters and future changes. Debate also touched on provisional ballots, military and overseas voting, and whether the measure would make future adjustments harder. Later, Senate Bill 2084 passed 35-7 and as an emergency measure. The bill limits wrongful-termination settlements for faculty members at higher education institutions to two times annual salary, including pay and accrued benefits. Supporters said it would provide certainty for universities and regents; questions focused on tenure, free-speech claims, and how the cap would interact with existing tort limits. The Senate also passed Senate Bill 1655 unanimously to allow Oklahoma Complete Health’s Children’s Specialty Program to contact adoptive parents and offer continued voluntary services for post-adoption children, and Senate Bill 1679 was introduced as the “Preserving Oklahoma Values Act,” aimed at codifying adherence to the U.S. and Oklahoma Constitutions and rejecting foreign law, with debate beginning over its enforcement and scope.
DE
Transcript Highlights:
  • Madam Speaker, a debt limit statement for fiscal year 2027.
  • This debt limit statement is to be attached to the Fiscal Year 2027 Bond and Capital Improvements Act
  • million, available debt limit prior to appended legislation, $363.88 million, less aggregate principal
  • Where's our bond members? Nobody wants to take credit for this?
  • It's a pleasure to serve on bond with you.
Keywords: 1064, all
NH

New Hampshire 2026 Regular Session

House Ways and Means (02/02/2026)

Ways and Means

Transcript Highlights:
  • So I I don't see a limitation Right?
  • ><c> state</c> don't hit our bonding cap for the state don't hit our bonding cap for the state and<01
  • </c> it's paid by a new issue of bonds. it's paid by a new issue of bonds.
  • to pay the bond.
  • </c> you're you're bonding them, right? you're you're bonding them, right?
Keywords: 1189, house, all
LA

Louisiana 2026 Regular Session

Insurance Apr 23rd, 2026

Insurance

Transcript Highlights:
  • The bonds were paid back, but there were still assessments coming in.
  • On June 1st of this year, we will cancel that bond.
  • We will not get policy limits.
  • The policy limits would only come up in an audit.
  • But it's an aggregated number. It's total.
Keywords: 965, house, all
OK

Oklahoma 2026 Regular Session

Senate Legislative Session May 14th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • If you're wanting that aggregate number, I do not have that.
  • The amendment requires that the aggregate DUI is charged in the county where the last arrest occurred
  • It says that an aggregated charge brought pursuant to this subsection may be filed in any county.
  • And is there any timeline written into this for when a... ...bond until it's completed?
  • Is there a lower limit on how much milk they can produce and not be called a dairy farm?
Summary: The Senate met with a quorum, prayer, pledges, and recognition of two student pages before taking up a long agenda of House joint resolutions and bills, mostly related to administrative rules and agency approvals. The chamber advanced and passed H.J.R. 1088, 1090, 1091, 1092, 1093, 1095, 1099, and 1100, which approved permanent rules for education, energy and agriculture, business and commerce, building code, health-related agencies, general government agencies, the Oklahoma Health Care Authority, and OMES. Several senators criticized the process for moving rule resolutions quickly and without committee vetting, while supporters said the calendar delays required direct consideration. The Senate also adopted conference committee reports and passed SB 206, SB 248, and HB 3021, with HB 3021 making small changes to graduation requirements, including science/math course language, Oklahoma history flexibility for some military families, and personal financial literacy counting toward math in some cases. A major portion of the meeting focused on House Bill 1370, which was described by its author as repealing an automatic state trigger that would replace any federal gasoline tax if the federal government suspended it. Supporters argued the bill would prevent Oklahoma drivers from paying more if the federal gas tax were repealed and framed it as tax relief; opponents argued it could reduce highway and bridge funding and create a budget hole. The Senate suspended several rules to bring the bill up, but rejected a motion to suspend the fiscal-impact rule for a proposed amendment. After debate, the chamber passed the measure 41-7 and then approved it as an emergency measure. The Senate also took up Senate Bill 893, a conference report dealing with foreign ownership near critical infrastructure and agricultural land. The bill would restrict certain foreign adversary ownership or leasing within 10 miles of critical infrastructure, add training zones and other protected areas, delay implementation until July 1, 2027, and create an enforcement process involving Attorney General review and whistleblower-style reporting. Senators raised concerns about enforcement, possible misuse, and profiling, while the author said the bill was aimed at national security and infrastructure protection. The conference report was adopted and the bill passed. Later, the Senate received notice that the House was ready to convene in joint session, and the chamber briefly stood at ease before returning to continue its work.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 05/06/25

Taxes

Transcript Highlights:
  • the aggregate of all combined net receipts from all lawful gambling.
  • While we did pay off the bonds, we did not choose to follow this path, and that's fine.
  • While we did pay off the bonds, we did not choose to follow this path, and that's fine.
  • The first is for state bond debt service.
  • As things stand now, with the debt service relieved, the bonds have been paid off.
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

Room 229 Conference PM - 04-24-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • House Bill 1168 HD1 SD1, relating to University of Hawaiʻi revenue bonds.
  • House Bill 1168 HD1 SD1, relating to University of Hawaiʻi revenue bonds.
  • So we're limiting it version of the CD1.
  • So we're limiting it just<00:17:09.280><c> to</c><00:17:09.439><c> UO700.
  • </c><00:25:28.000><c> income</c> as Alice asset limited income as Alice asset limited income constrained
Keywords: 912, senate, all
WA

Washington 2025-2026 Regular Session

House Finance Jan 23rd, 2026 at 01:30 pm

Finance

Transcript Highlights:
  • The annual growth rate of all regular property tax levy revenue is limited to as follows.
  • For jurisdictions with a population of less than 10,000, the revenue growth is limited to 1%.
  • regular property taxes within its constitutional limit.
  • The annual growth rate of all regular property tax levy revenue is limited to as follows.
  • taxes within its constitutional limit.
Bills: HB1960, HB2194, HB2089
Summary: House Finance held hearings on three bills. HB 2194 would allow a county and a city within that county to both impose the cultural access sales and use tax at the same time, with the county providing a credit for the city tax. The sponsor said the bill would fix an unfair limitation and expand support for arts, science, and cultural programs. Olympia and Thurston County representatives testified in support, citing grants to local cultural organizations, free programming, and school access. A committee member asked about whether concurrent taxes could affect county bond repayment, and the testifier said he would follow up. No vote was taken. HB 2089 would remove the current requirement that a financial institution be located in 10 or more states in order to lose a B&O tax deduction on interest from certain mortgage-related loans, with the resulting revenue directed to the wildfire response, forest restoration, and community resilience account. Staff estimated the bill would raise significant revenue and affect about 450 taxpayers. The sponsor said the bill restores wildfire funding cut in the prior session by narrowing a tax preference that he said had primarily benefited large institutions rather than community banks. The Department of Natural Resources and public employees representing wildfire workers supported the bill as a way to restore wildfire preparedness funding. The Washington Bankers Association and community bankers opposed the bill as drafted, saying it would harm community banks and that they were working on revised language; they also said credit unions are not subject to B&O tax. No vote was taken. The committee then heard a proposed third substitute for HB 1960, a complex bill that would exempt certain renewable energy facility personal property and battery storage systems from property tax and replace that tax with a state and local excise tax based on generating or storage capacity. The bill would also create a local investment distribution account, make tribal capacity grants permanent, and set conditions for counties to receive grant funds tied to siting and consultation requirements. The sponsor said the goal is to levelize taxes over the life of wind, solar, and storage projects so local communities are not left with a shifting tax burden, and described the measure as a compromise. County officials, assessors, treasurers, the Department of Revenue, and conservation groups generally supported the approach but asked for clearer definitions, payment timing, and rate adjustments. Utilities and some renewable energy developers were in respectful opposition or signed in as con, saying the rates may be too high, the bill may not be workable for centrally assessed utilities, and some provisions need further refinement. The hearing ended without a vote, and the committee adjourned.
AZ

Arizona 2026 Regular Session

03/23/2026 - Senate Finance

Senate Finance Committee of Reference

Transcript Highlights:
  • Homeowners know that their tax rate will never go above that level, and they are limited tax bonds.
  • So I would like to see that be limited, as well as the limiting factor of the information.
  • Limited as well as the limiting factor of the infrastructure itself.
  • So are you interested in limiting the construction TPT to the same 75% that we have it limited?
  • bond election.
Summary: The Senate Finance Committee approved the March 16, 2026 minutes and then heard testimony on several bills, with the chair noting that votes would be taken in batches because members were coming and going. HB 2939 would increase the rural qualified facilities tax credit from $20,000 to $25,000 per job for certain projects with initial investment under $2 billion; Lucid Motors supported it as a rural economic development tool, while Senator Epstein questioned the fiscal note and whether the higher credit would actually attract new investment. HB 2950 would authorize tourism improvement areas funded by voluntary lodging assessments to support marketing and tourism promotion; the Arizona Lodging and Tourism Association and Visit Phoenix backed it as a competitive tool for rural and urban destinations, and committee members focused on whether participation was truly voluntary and how the assessments would be administered. HB 2780 made technical conforming changes to Arizona’s property tax lien foreclosure and excess proceeds sale process, building on a prior law that created a mechanism for delinquent property owners to recover equity; the sponsor and a longtime constituent said the changes would fix timing and credit-bid language so qualified entity sales could work in practice. HB 2502 would let certain elected officials in ASRS retire at normal retirement age without resigning their office, with the employer paying the alternate contribution rate; ASRS said it was neutral, and the sponsor argued the bill would treat elected officials more like other ASRS members. The committee then adopted do-pass recommendations for HB 2502, HB 2780, HB 2950, and HB 2939, with each passing on split votes. The committee also adopted a striker to HB 2140, allowing the State Treasurer to invest up to 10% of state trust and treasury monies in physical gold or silver bullion held in secure U.S. depositories. The sponsor and the Sound Money Defense League argued it would diversify reserves and hedge against market disruption, while opponents said gold is volatile, costly to store, and not something taxpayers need the state to buy. HB 2140 then passed as amended on a 4-2 vote. Finally, the committee heard HB 2398, as amended, which requires commercial liability insurance for watercraft rentals and peer-to-peer boat sharing programs, with supporters saying it addresses uninsured rental boats and law enforcement concerns; the bill passed as amended on a 6-1 vote. The committee also heard HB 2999, a major housing-finance bill creating state affordability infrastructure districts to finance public infrastructure through bonds and assessments; proponents said it would lower housing costs by spreading infrastructure costs over time, while contractors and some senators raised concerns about payment risk, impact-fee treatment, and whether savings would reach homebuyers. After adopting a striker and hearing extensive questions, HB 2999 passed as amended on a 6-1 vote.
AZ

Arizona 2026 Regular Session

03/23/2026 - Senate Finance

Finance

Transcript Highlights:
  • And they are limited tax bonds, and all this is disclosed with best-in-class disclosure up front and
  • , and those bond proceeds, the amount of those bond proceeds, were dictated by what the GMP was.
  • So I would like to see that be limited, as well as the limiting factor of the information. ...limited
  • So are you interested in limiting the construction TPT to the same 75% that we have it limited?
  • bond election.
MS

Mississippi 2026 Regular Session

MS Senate Floor - 25 February, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • We have put an aggregate limit of $1 million, and we will be monitoring this continuously to see if employers
  • We have put<00:22:06.400><c> an</c><00:22:06.640><c> aggregate</c><00:22:07.120><c> limit</c><00:22:07.360
  • limit of this of $1 put an aggregate limit of this of $1 million<00:22:09.280><c> um</c><00:22:09.360
  • State Bond Commission will issue the system restoration bonds and how the bonds will be serviced through
  • . bonds. bonds.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm

Joint Committee on Transportation

Transcript Highlights:
  • Testimony is limited to three minutes per person.
  • With tightly capped property taxes and limited ability to raise local revenues, communities simply do
  • The cost of oil is the biggest factor, but there's aggregate, different stones and sand.
  • So you had previously authorized a billion dollars in bond bills that are in place.
  • Chuck Latvis from the Massachusetts Aggregate Asphalt and Pavement Association.
Keywords: 995, all
Summary: The Joint Committee on Transportation held its first hearing of the session on H. 53, Governor Healey’s Chapter 90 proposal to increase state funding for municipal roads, bridges, sidewalks, and culverts. Committee chairs outlined the hybrid hearing process and invited testimony from municipal officials, labor groups, regional planning organizations, contractors, and administration officials. Across the hearing, speakers consistently supported the bill, emphasizing long-deferred maintenance, inflation in construction costs, climate-related flooding, and the need for more predictable, multi-year funding so cities and towns can plan projects and take advantage of the construction season. The administration described H. 53 as part of a broader $8 billion transportation package, proposing to raise annual Chapter 90 funding from $200 million to $300 million for five years, with the additional $100 million distributed by road mileage to better support rural and small communities. They also highlighted $200 million for culverts and small bridges, plus other transportation investments, and said the five-year authorization would provide certainty for municipal capital planning. Municipal witnesses from places including Carlisle, Beverly, Granby, Hatfield, Newton, Nahant, Gardner, Beckett, and Yarmouth described local road and culvert backlogs, rising asphalt costs, and the difficulty of maintaining infrastructure on limited local budgets. Labor and industry witnesses from the AFL-CIO and MAPA said the bill would support good-paying jobs and provide stability for contractors and producers. The MBTA Advisory Board and regional planning representatives also backed the proposal, noting the connection between local roads and the broader transportation system. Committee members asked questions about the road-mile formula, culvert needs, asphalt costs, and the rationale for a five-year authorization. No votes were taken during the hearing, and the committee adjourned after testimony concluded.
MN

Minnesota 2025-2026 Regular Session

Cap Committee Meeting - 2025-04-29

Capital Investment

Transcript Highlights:
  • State bond funding has become less predictable and more inconsistent than ever.
  • So back to bonding. At its core, this request is about providing some pretty basic facilities.
  • the development of the bonding bill.
  • I think we have available for you our 2024 bonding book.
  • Lastly, kind of as a final reminder for newer bonding committee members.
Bills: HF3220
OR
Transcript Highlights:
  • We operate aggregate facilities across— We operate aggregate facilities across the state, both alluvial
  • But the materials, aggregate? Yeah. Well, it takes labor and equipment to make those.
  • And he refers to limited institutional knowledge.
  • And one of the ironies here is when we go out for bonds or toll bonds, as we will with the State of Washington
  • If we go out for bonds or toll bonds, as we will with the State of Washington, to finance the IBR, the
Keywords: 907, all
Summary: The committee first received an informational update on the Interstate Bridge Replacement Project from Carly Francis and Travis Brower. They described the project’s purpose as improving seismic resilience, safety, freight movement, transit, and bicycle/pedestrian access across the Columbia River, and said the updated cost estimate is $13.2 billion to $14.4 billion for the full corridor. They explained the increase from the 2022 estimate as driven by construction inflation, a more conservative inflation curve, schedule delays, more detailed engineering, and risk modeling. They also outlined the funding plan, including $2.1 billion in federal funds, $1 billion each from Oregon and Washington, and $1.5 billion in projected toll revenue, and said they are working to obligate federal funds by the end of September. The panel described a first funded phase that would include the bridge, highway connections, tolling infrastructure, bridge removal, and transit design, with light rail to Vancouver still intended but dependent on additional funding. Members questioned the risk of losing federal transit funds, whether bridge design decisions were being made with legislative input, and whether the space reserved for light rail could be used for buses if transit funding does not materialize. The committee then heard testimony on maintaining Oregon’s existing roads and bridges from representatives of Knife River, the Asphalt Pavement Association of Oregon, and CRH. Witnesses said pavement and bridge preservation is severely underfunded, with ODOT needing about $400 million per year for pavement preservation but receiving roughly $100 million annually. They showed examples of deteriorating highways such as U.S. 97 and I-84 and argued that delaying maintenance leads to much higher reconstruction costs, more safety risks, and higher user costs. Knife River described layoffs and reduced work in Oregon because of limited preservation funding, while witnesses also said rising wages, equipment costs, fuel, and permitting delays are increasing project costs. Committee members asked about the role of prevailing wage, diesel equipment, hauling distances, and whether preservation work could be prioritized more effectively. Finally, economist Joe Cortright presented on recent ODOT megaproject cost overruns. He said Oregon has experienced persistent overruns driven by overly optimistic revenue forecasts, heavy reliance on debt, consultant costs, inflation above forecast, and projects that have become much larger in scope than originally presented. He cited major increases in the Interstate Bridge, Rose Quarter, and Abernathy Bridge projects and argued that some designs are far wider and more expensive than necessary. Cortright said better accountability, clearer priorities, and more disciplined project sizing are needed, and committee members pressed him on why agencies proceed with larger designs even when consultants recommend narrower, less expensive alternatives.
LA

Louisiana 2026 Regular Session

Civil Law and Procedure Apr 13th, 2026

Civil Law and Procedure

Transcript Highlights:
  • They are mostly rural, majority-Black communities with limited resources.
  • So this would not limit an individual from running for a third term.
  • So we have a limited role in what we're doing.
  • If modification is back in, I can limit my comments. I have a lot to say.
  • We cannot limit the number of temporary restraining order extensions, but not limit also the request