Transcript Highlights:

• Well, in Senate Bill 25, we don't have the authority to spend it unless it's authorized by the General
• judges are setting those initial bonds. judges are setting those initial bonds.
• We might put someone on home incarceration as a condition of the bond, meaning if you post the bond,
• We might put someone on home incarceration as a condition of the bond, meaning if you post the bond,
• We might put someone on home incarceration as a condition of the bond, meaning if you post the bond,

Keywords: Meeting Start: 00:00:00 Roll Call: 00:00:01 Recognition of New Members: 00:01:17 Disaster Response: 00:01:41 Pretrial Discussion: 00:31:25, 958, all

Summary: The committee first established a quorum, approved the minutes from the November 7, 2024 meeting, and then heard an update on disaster response and courthouse recovery efforts after the April flooding. Representatives from the Administrative Office of the Courts, the Franklin County Circuit and District Court Clerk’s office, and the Franklin Circuit Court described damage in Perry, Hardin, and especially Franklin counties. Perry County had limited roof and water infiltration issues with no operational impact. Hardin County’s justice center basement took about 18 inches of water, affecting court records and mechanical/electrical equipment, and court operations were briefly suspended. Franklin County’s courthouse was far more severely damaged, with about four feet of water on the first floor, forcing relocation of court operations to temporary sites, including AOC space and the regional jail for custody proceedings. Witnesses said damaged files from Hardin and Franklin counties were removed, sent to an out-of-state vendor for drying and remediation, and would be returned or destroyed as appropriate. They estimated combined costs for file restoration, building repair, and remediation at about $11 million, with insurance through KCOJ/KO expected to cover only part of the losses and FEMA reimbursement still pending a federal disaster declaration. They also said the Franklin County courthouse’s first floor remains gutted, electrical panels and HVAC systems need major replacement, and the second and third floors may be used temporarily once power and data are restored. Members asked about roof damage in Hardin County, the status of FEMA applications, digitization of court records, and whether Senate Bill 25 restricted funds could be used to cover the funding gap; staff said the funds cannot be spent without General Assembly authorization. The committee also discussed broader record-retention and e-filing issues, with members noting the limits of paper filing and the need for better digitization as a backup in emergencies. AOC staff said they are working with the Supreme Court and state law librarian on what records can be digitized and how long hard copies must still be retained. After the disaster-response presentation, the committee moved on to a separate informational presentation on pre-trial services, with introductions from the executive officer of pre-trial services, the president of the Kentucky District Judges Association, a circuit judge, and the manager of pre-trial services, who began explaining how the pre-trial system works for newer committee members.

Transcript Highlights:

• Senator Sandy passing a bonding bill?
• <00:04:09.519> proposals look at some of the bonding proposals look at some of the bonding
• money would go into bonding this year. money would go into bonding this year.
• >> Yes, it can because this is the bonding >> Yes, it can because this is the bonding
• are, you know, there's um four bonding are, you know, there's um four bonding leads<00:09:06.320

Keywords: 1187, senate, all

Transcript Highlights:

• <00:09:10.080> bill this year to pass that bonding bill this year to pass that bonding bill
• midnight to go here's the bonding bill. midnight to go here's the bonding bill.
• say and this is it, the bonding bill. say and this is it, the bonding bill.
• <00:19:44.799> bill<00:19:45.039> for standalone bonding bill for standalone bonding
• You've authored a bear the cost.

Keywords: 1187, senate, all

Transcript Highlights:

• The authority is pursuant to 45767.
• The project was originally authorized at $7 million in bond funds in the 2022-2024 budget.
• Kentucky infrastructure Authority Kentucky infrastructure Authority pursuing<00:13:07.199> to
• pursuing to KRS 224 a100 The Authority pursuing to KRS 224 a100 The Authority does<00:13:10.519>
• The bonds will not be a KHC or Commonwealth debt bond.

Keywords: 958, all

Summary: The committee first approved the January minutes and then received several informational reports on school district tax levies, revenue bonds, lease advertisements, and previously rejected lease transactions. Members were told that one rejected lease for the Cabinet for Health and Family Services in Hardin County would be canceled and rebid, while a Perry County lease modification for the Energy and Environment Cabinet would proceed. The Kentucky Communications Network Authority also submitted its quarterly capital projects report, and Eastern Kentucky University reported revisions to asset preservation projects. Janice Thomas, Deputy State Budget Director, presented four capital project action items. These included a Kentucky State University Betty White Building renovation funded by USDA grant money, a Department of Education state schools dormitory and cottage renovation appropriation increase because bids exceeded estimates, a restricted-funds scope increase for the Elizabethtown CTC science building expansion, and a pool project report for the Department of Corrections’ KCIW kitchen drain line repair and replacement. Representative Petrie asked about how often the statutory authority for midstream project increases is used and whether bids are typically competitive; Thomas said the increases are used often when bids come in above estimates and that bids are generally competitive, though construction costs have been difficult to gauge. The committee unanimously approved the first three action items, and the KCIW project was reported with no action required. H. Sandy Williams of the Kentucky Infrastructure Authority then presented six loans and one emergency grant. The items included loans for Frankfort’s East Frankfort Interceptor wet weather facility project, Sturgis wastewater improvements, Scottsville inflow and infiltration work, Morganfield wastewater treatment plant planning and design, Western Pulaski County Water District transmission improvements, and Springfield water system planning and replacement work, plus an emergency Kentucky Waters grant for Eddyville following a sewer treatment plant failure and local emergency declarations. After no questions, the committee unanimously approved the seven KIA transactions. Chelsea Couch then presented a Kentucky Housing Corporation conduit issuance for $38.4 million to finance a multifamily rental project in Jefferson County; members asked how the committee participates and were told it was a conduit issuance rather than state debt. The committee approved that item. Finally, the committee heard an informational Turnpike Authority refunding issuance of about $53 million for present value savings, then approved four SFCC debt issues for Henderson, Pulaski, Scott, and Trimble counties to finance school renovations and construction. The meeting ended with notice of the next meeting date and location.

Transcript Highlights:

• The bond authorized by Proposition 1 is a $6.4 billion bond. $4.4 billion of that is for behavioral health
• So the bond, Proposition 1 authorized a $6.4 billion bond.
• Proposition 1 authorized a $6.4 billion bond. 4.4 of that is for behavioral health treatment facilities
• , the BHCIP, and the bond.
• We have that authority in the statute as well—what we call bulletin authority or any sort of similar

Summary: The hearing opened with remarks from the chair and members about recent federal cuts to public health, mental health, family planning, and Title X funding, with strong concern about the impact on California programs and providers. The committee then turned to the Department of State Hospitals, which presented its 2025-26 budget proposal of $3.4 billion, including new positions, capital improvements, and funding tied to increased patient costs and incompetent-to-stand-trial services. DSH reported major progress in reducing the IST waitlist and wait times, said it had met the court’s 28-day treatment benchmark for those without extenuating circumstances, and described workforce recruitment and retention efforts such as residency programs, fellowships, outreach, and hiring streamlining. Members asked about future IST referral trends, SB 1323’s effect on diversion and community treatment, and workforce lessons in high-cost regions; public comment urged reconsideration of county IST growth cap methodology in light of new criminal justice initiatives. The committee next received an informational overview of Proposition 1 and its changes to behavioral health funding and governance. The Legislative Analyst’s Office explained that Prop. 1 restructured county MHSA funding buckets, expanded the Commission for Behavioral Health, shifted prevention and early intervention responsibilities, and authorized a $6.4 billion bond, including $4.4 billion for behavioral health facilities through BHCIP. DHCS said it had released guidance for county integrated plans and was receiving extensive public comment. Members focused on BHCIP application requirements, especially letters of support and tribal projects, and raised concerns about whether DHCS’s implementation matched statutory intent. DHCS said it had authority to set application requirements and that tribal entities were treated differently because of sovereignty and funding structure. DHCS then updated the committee on BHCIP, the Behavioral Health Bridge Housing Program, and related bond implementation. The department said BHCIP had awarded about $1.7 billion across five rounds, with more than 130 projects and 223 distinct facilities funded, and that it was preparing to award the new bond funds after receiving nearly $8 billion in applications. The LAO’s assessment found that more than half of awards served at least 80% Medi-Cal enrollees, but also raised concerns that the regional allocation model could reinforce inequities, that the program had not sufficiently addressed the highest-need regions such as the southern San Joaquin Valley, and that smaller counties and less launch-ready applicants faced barriers. For bridge housing, DHCS said more than $1.1 billion had been awarded, serving over 5,000 people and supporting more than 2,000 operational beds, but the Governor’s budget proposes to eliminate Round 4 funding as the administration weighs other statewide investments and Proposition 1 implementation workload. Public commenters and members urged more accountability, better regional equity, stronger labor and community involvement, and caution about funding for for-profit psychiatric facilities. Finally, the committee heard on the Children and Youth Behavioral Health Initiative. CalHHS and DHCS described CYBHI as a broad prevention- and equity-focused effort with more than 1,300 organizations funded, over $2.1 billion awarded, and multiple work streams spanning schools, community programs, workforce, and digital supports. DHCS highlighted school-based services, the fee schedule rollout, and digital platforms BrightLife Kids and Soluna, which it said are reaching users statewide and providing low-barrier access to coaching and support. Members and public commenters raised concerns about delays in school fee schedule implementation, the large share of funding going to digital tools, the need for more in-person services, and whether the initiative is sufficiently tracking outcomes and equity impacts. No formal votes were taken during the hearing.

Transcript Highlights:

• We do authorize a... ...FTE at whatever, whatever.
• So this will have to be done prior to the bond. So the bond schedule...
• So this will have to be done prior to the bond.
• their bond off the bond schedule.
• What their bond needs to be.

Keywords: 914, all

Summary: The committee heard and advanced several bills. Senate Bill 419, as amended to update the effective date to 2026, would allow the state treasurer and the Department of Wildlife Conservation/Wildlife Conservation Commission to employ or appoint attorneys. Supporters said the treasurer’s office handles highly specialized financial matters and needs in-house expertise and faster legal advice; questions focused on possible conflicts with the Attorney General, fiscal impact, and why Wildlife was included. After discussion, the bill was reported due pass by a 7-2 vote. Senate Bill 835, also amended to a 2026 effective date, would require qualifying licensing boards and commissions to submit proposed non-rulemaking actions with anti-competitive implications for review by the Secretary of State. The author said the bill responds to antitrust concerns raised by the North Carolina dental board case and is intended to provide state supervision before boards take potentially anti-competitive action. Members questioned whether existing court remedies and Attorney General oversight were sufficient, and whether a single official should have that authority. The bill passed due pass 8-2. Senate Bill 1618 would require courts to conduct pretrial risk assessments early in criminal cases, with the assessments used as one factor in bail decisions but not as the sole basis for granting or denying bail. The author said the bill is modeled on federal practice and is meant to help judges make fact-based decisions and reduce jail overcrowding, especially in Oklahoma County. Members asked about who validates the assessments, county implementation, and costs; the author said counties could choose their own approach and that the fiscal impact would not be significant. The bill was reported due pass 6-4. The committee also considered Senate Bill 262, which was heavily amended and had both the title and enacting clause struck while members continued working on it. The bill concerns moving certain inmates convicted of nonviolent financial crimes out of county jails and into appropriate intake/transport processes, with the author emphasizing the goal of reducing jail overcrowding and inviting further collaboration on the language. Members raised concerns about fairness and possible unequal application based on community ties, and the bill was reported due pass 8-1 despite being acknowledged as a work in progress.

Transcript Highlights:

• This issuance will refund certain outstanding Turnpike Authority bonds to achieve net present value savings
• certain outstanding Turnpike Authority certain outstanding Turnpike Authority bonds<00:39:07.599
• They issued revenue bonds in the amount of $52,605,000 to refund their 2011 bonds.
• Finance Authority, Common Spirit Health. Finance Authority, Common Spirit Health.
• <00:40:33.200> This to refund their 2011 bonds. This to refund their 2011 bonds.

Keywords: 958, all

Summary: The committee first approved the December meeting minutes and received several information items, including quarterly capital project status reports, University of Kentucky medical and equipment purchases, school district bond issue notices, and a University of Kentucky RFP for an enterprise services partner. Members also briefly discussed a University of Kentucky public-private partnership for student housing and dining, with comments that such arrangements may improve efficiency and use of taxpayer dollars during a difficult budget year. The main substantive discussion centered on a new CHFS lease in Harlan County for the Department for Community Based Services. Members questioned the proposed annual cost of $25.62 per square foot, which was far above the county average cited in the meeting, and raised concerns about the one responsive bid, the long lease term through 2033, and whether a nearby hospital or other entity might have been interested. CHFS staff said the current office space is in poor condition, that the new lease includes needed construction and 60 parking spaces, and that the office is limited to considering only actual bidders. After debate over whether to rebid or negotiate, the committee voted to approve the lease, with some members supporting it because of the current facility’s condition and others recording reservations. The committee then approved the remaining 10 lease renewals as a group. These included one renewal for the Commonwealth’s prosecutorial system and renewals for several CHFS offices, the Department of Corrections, the Department of Juvenile Justice, and the Department of Natural Resources. One member noted that seven of the 10 renewals were at or below the county average rate and said the overall package was substantially in line with local market conditions.

Transcript Highlights:

• He was on a PR bond and committed a murder. He committed a murder on a PR bond.
• What was the underlying PR bond for? If you're saying somebody gave a PR bond on a murder, get it.
• Released on personal bond.
• And some of the information about bond.
• Someone's out on felony bond.

Bills: HB5621, HB4904, HB5067, HB5076, HB5081, HB5354, HB4862, HB3847, HB4088, HB4157, HB2966, HB2287, HB4203, HB4803, HB4737, HB5093, HB783, HB5411, HB4281

Keywords: HB 5621, consumer protection, Deceptive Trade Practices Act, DTPA, Business & Commerce Code, attorney general, consumer protection division, district attorney, county attorney, local prosecutor, civil investigative demand, CID, voluntary compliance, financial institution records, bank records, privacy, protective order, in camera review, trade secrets, insurer

Transcript Highlights:

• This is the report from the Kentucky Infrastructure Authority.
• sure understand the statutory Authority sure understand the statutory Authority for for for when
• <00:30:21.440> this Industrial Development Authority this Industrial Development Authority
• I have three KHC multifamily conduit revenue bonds.
• I have three KHC multifamily conduit revenue bonds.

Keywords: 00:13 Call to Order and Roll Call 01:00 Election of Co-Chairs 03:38 Approval of Minutes 04:09 Information Items 05:55 Project Rpt from Finance and Admin Cab 12:13 Lease Rpt from Finance and Admin Cab 17:48 Ky Infrastructure Authority 28:50 Economic Development - EDF Grants 32:50 Ofc of Financial Mgmt 36:30 SFCC Debt Issues 40:50 Adjournment, 958, all

Summary: The committee first reorganized by electing new co-chairs for the Capital Projects and Bond Oversight Committee: Senator Fanny Fromom? as Senate co-chair and Representative McPherson as House co-chair, both by acclamation. The committee then approved the minutes from the prior meeting and received quarterly capital project status reports from the Administrative Office of the Courts, Finance and Administration Cabinet, and postsecondary institutions. Those reports noted University of Kentucky equipment purchases, several school districts planning general obligation and revenue bond issues, a notification of non-approval for PR 3567, and Kentucky Community and Technical College System asset preservation projects. Kevin Cardwell of the Finance and Administration Cabinet reported two action items: a $5,100 federal-funded Transportation Cabinet renovation of the Rowan County east and westbound rest areas, and a $1 million federal fund increase for the Capitol City Airport terminal building project, bringing the total federal support to $10 million and reducing the need for restricted funds. The committee also received a no-action report on a $1,363,000 Kentucky State University exterior repairs project funded through the 2024 asset preservation pool. Both action items were approved unanimously after roll call votes. The committee approved four lease renewals presented by Natalie Bronner for Cabinet for Health and Family Services locations in Bell, Lee, and Clay counties, plus a parking lease for the Department of Corrections in Jefferson County. Members asked about lease pricing and were told renewals must remain at existing terms and conditions. The committee then approved a $57,000 Kentucky WATS emergency grant for Wood Creek Water District to cover part of arrears tied to the City of Livingston; members discussed the city’s audit delinquency, possible regional water/sewer solutions, and concerns about rates and private involvement, but the grant was approved. Finally, the committee approved a $1 million line-item water grant to the City of Williamsburg with no action required, three Economic Development Fund grants for Bell, Franklin, and Shelby counties totaling $8 million in state support for site acquisition and infrastructure work, and five SFCC-supported school debt issues for Elizabethtown Independent, Erlanger Independent, Boyd County, Henderson County, and Union County. The school projects included middle school, high school, and vocational school renovations or new construction, and members requested a breakdown of the space funded by the debt. All action items were approved, and the meeting adjourned.

Transcript Highlights:

• Meet the goals and expectations set out in the bond language.
• The first is to directly appropriate climate bond funding for the purposes specified in the bond, in
• Throughout the rest of the bond, the funds go to a department.
• On the other hand, most of the bonds had the...
• Backfilling reduces the amount of progress we've made with the bond.

Keywords: 988, house, all

Transcript Highlights:

• <00:38:10.440> is that conservation easement Authority is that conservation easement Authority
• existing mechanism of using State bonds existing mechanism of using State bonds was<00:48:14.000
• <00:48:21.880> can not you know years without bonding can not you know years without bonding
• <00:50:28.839> or rather than General obligation bonds or rather than General obligation bonds
• And I think it might be useful to have, you know, we can't speak to the transportation bond authorities

Keywords: 1183, house

Transcript Highlights:

• , for example, collateral bonds, etc.
• How is that what's the process for figuring out what the bond amount is?
• I think what we've learned about bonding requirements is that the bonding requirements, regardless of
• Thank you, but, This is says shall not be authorized.
• I appreciate the author bringing this up.

Bills: SB1246, SB1510, SB1979, SB1929, SB1930, SB1976

Keywords: environmental permitting, Oklahoma, Department of Environmental Quality, public participation, regulatory framework, administered applications, energy, wind energy, financial assurance, property restoration, environmental regulation, mining, blasting, residential protection, buffer zone, Department of Mines, public utilities, electric transmission lines, landowner rights, payment regulations

Transcript Highlights:

• facilities in bonding.
• facilities in bonding.
• facilities in bonding.
• facilities in bonding.
• facilities in bonding.

Keywords: 1183, house

Transcript Highlights:

• The concept of baby bonds is simple but powerful.
• Baby bonds are an antidote to this.
• Baby bonds are an antidote to this.
• Baby bonds address the root cause of poverty.
• In short, baby bonds is preventive medicine.

Keywords: 995, all

Summary: The Joint Committee on Financial Services heard testimony on several bills focused on financial security, banking regulation, and payment-card fees. Treasurer Deborah Goldberg supported the Massachusetts baby bonds proposal (H. 48) and also endorsed bills on matched savings (H. 1158/S. 737) and retirement planning/Secure Choice (H. 1143/S. 722), arguing these measures would help address wealth inequality, build assets, and improve retirement readiness. Supporters of baby bonds included policy experts and health advocates from Children’s Health Watch and Boston Medical Center, who said early-life asset building could improve long-term economic and health outcomes for children in low-income families. AARP also urged passage of the retirement planning bill, citing the large share of private-sector workers without access to an employer retirement plan. Representative Donato testified for H. 1143, describing it as a voluntary retirement-savings opportunity for workers at small employers. The committee also heard testimony on H. 3933, concerning the Massachusetts Credit Union Share Insurance Corporation, from former Bank Commissioner Mike Hanson, who defended the state’s full deposit insurance system for credit unions and savings institutions as a longstanding consumer-protection model. The Massachusetts Bankers Association raised concerns about the bill’s technical provisions and broader credit union/bank competitive issues, while the Cooperative Credit Union Association supported related legislation allowing modest compensation for credit union directors (S. 821/H. 1338) and flexibility for state financial institutions to grow through partnerships (S. 723). Bankers opposed those credit union bills, arguing they would upset a level playing field and blur long-standing distinctions between banks and credit unions. A major portion of the hearing focused on H. 1259/S. 688, which would prohibit card interchange fees on the tax and gratuity portions of restaurant transactions. Restaurant owners and the Massachusetts Restaurant Association testified in favor, saying the fees are a significant and growing expense, especially as most customers now pay by card; they argued the bills would save restaurants money without affecting state revenue. Credit union, banking, and payments-industry representatives opposed the bills, saying interchange helps fund fraud protection and payment infrastructure, that the proposal would create compliance burdens and likely litigation, and that it would mainly affect Massachusetts-chartered institutions while national banks could be preempted. Committee members noted that a commission on payment-card fees is being established and said the issue would be studied further. The hearing also included support for a separate bill on virtual credit cards for dental providers, with dentists saying automatic virtual-card payments impose hidden processing fees and fraud risks.

Transcript Highlights:

• So nothing in the original LB 981 talked about bonding authority or issuance, as originally the bill
• So nothing in the original LB 981 talked about bonding authority or issuance, as originally the bill
• So nothing in the original LB 981 talked about bonding authority or issuance, as originally the bill
• Okay, and so conduit bonding—that's that conduit bonding that...
• can issue bonds.

Bills: LB815A, LB838A, LB912A, LB972A, LB1126A, LB962A, LB1114, LB921, LB937, LB803, LB803A, LB1032, LB1032A, LB1075, LB1075A, LB889, LB878, LB933, LB304, LB304A, LB1096, LB1096A, LB1165, LB1165A, LB958, LB958A, LB762, LB1187, LB966, LB929, LB962, LB753, LB788, LB913, LB1055, LB1195, LB429, LB721, LB722, LB727, LB743, LB745, LB749, LB778, LB787

Keywords: LB815A, LB815, appropriation, appropriations bill, Nebraska Department of Revenue, Motor Fuel Tax Enforcement and Collection Cash Fund, motor fuel tax, gas tax, fuel tax, tax enforcement, tax collection, cash fund, budget, state spending, per diem, salaries, fiscal year, enrollment and review, final reading, Nebraska

Transcript Highlights:

• All intrinsic authority belongs to God, and He delegates authority. Let us pray.
• So Senate Bill 48 authorizes and approves the issuance of revenue bonds by the State Fairgrounds District
• So Senate Bill 48 authorizes and approves the issuance of revenue bonds by the State Fairgrounds District
• And with that, That gave the opportunity to, like today, is we're asking for bond authorization to be
• It's just giving support and authorization to have some bonding authority. I strongly support this.

Keywords: 996, all

Transcript Highlights:

• Paul relating to capital investment and authorizing the sale and issuance of state bonds over the first
• appropriation bonds.
• bond authorizations have been the Viking Stadium in Minneapolis, buildings along the Capitol complex
• Three-Fifths authorization Three-Fifths authorization requirement<00:34:38.040> um<00:34:
• examples of appropriation Bond examples of appropriation Bond authorizations<00:34:50.320> have

Keywords: 1183, house

Transcript Highlights:

• this authority the ability to issue bonds and is referred to the Committee on Public Education.
• District No. 1, providing the authority to issue bonds, granting authority to impose assessments and
• to issue bonds, and granting authority to impose assessment fees and taxes for the Committee on Land
• HB5662 by Gates relates to the power. ...duties and authorities to issue bonds for the Fort Bend County
• to issue bonds, and authority to impose assessment fees and taxes.

Keywords: 1184, house, all

Transcript Highlights:

• This is bond authorization, so it's capital.
• Traditional bond bills are a mix of authorizations for capital spending combined with legislative priorities
• bill but I ask you to treat it like a traditional bond bill traditional bond bills are a mix of authorizations
• Beyond Chapter 90, we strongly support the additional bonding authorizations included in this bill, particularly
• We strongly support the additional bonding authorizations included in this bill, particularly for MAPC

Keywords: 995, all

Summary: The committee heard testimony on House Bill 4987, the administration’s transportation bond bill centered on Chapter 90 roadway funding and related capital programs. Administration officials described the bill as a roughly $5.5 billion package that would continue $300 million per year for Chapter 90 over four years, with part of the funding distributed by the traditional formula and an additional $100 million based solely on road miles to better support rural and smaller communities. They also highlighted authorizations for municipal pavement work, Shared Streets and Spaces grants, accelerated bridge and pavement repairs, MBTA rail modernization and reliability, housing-related transportation improvements, and a new DCR-focused PRISM program for parkways and related infrastructure. Officials emphasized that the bill is financed through the Commonwealth Transportation Fund and Fair Share revenues, and said it would help municipalities plan more predictably, speed project delivery, and support housing, safety, and climate goals. Committee members and witnesses discussed the bill’s broader scope beyond traditional Chapter 90, especially the $200 million for transportation projects that support housing development and the $200 million for MBTA modernization and rail reliability. Members asked about the rationale for a four-year authorization amid fiscal uncertainty, federal funding volatility, and the status of commuter rail electrification. Administration officials responded that the capital authorization is backed by dedicated transportation revenues rather than the operating budget, and said multi-year certainty helps cities and towns make better long-term repair decisions. They also said the MBTA’s rail modernization funds would support locomotive procurements, including battery-electric and Tier 4 diesel locomotives, as part of a longer-term regional rail and electrification strategy. Municipal officials and regional advocates strongly supported the bill. The Massachusetts Municipal Association, along with town and city officials from Sherborn, Conway, and Yarmouth, said the increased Chapter 90 funding and road-mile-based distribution are especially important for small and rural communities with limited local revenue capacity, and that multi-year funding would let them bundle projects, bid at better prices, and address backlogs more proactively. A Better City and MAPC also supported the bill but urged the committee to treat it like a traditional bond bill by adding policy provisions and considering new transportation revenue tools, such as TNC fee changes, road pricing, parking taxes, and other mechanisms. The committee took no vote during the hearing and adjourned after testimony concluded.

Transcript Highlights:

• touch the state's sponge bond capacity.
• It provided the state with over a billion dollars of bonding authority.
• And so in addition to that bonding authority, we're generating new revenue for the state road fund.
• But going back to the bond issue.
• I can check in with our bond advisor.