Video & Transcript : 'aggregate bond limitation' :
Page 191 of 500
MN
Transcript Highlights:
- So in the November forecast, we assumed a bonding bill of $790 million.
- I think that's why the bond firms all gave us AAA ratings.
- </c> budget money in the bank all the bond budget money in the bank all the bond houses<01:03:04.160>
- </c> responsible I think that's why the bond responsible I think that's why the bond firms<01:05:05.680
- You know, you look at the numbers for bonding, and a lot of our small communities really need some bonding
Committee:
Senate Finance
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
MN
Minnesota 2025-2026 Regular Session
House tax panel considers HF526 4/8/25
Minnesota House Floor Meeting
Transcript Highlights:
- A major challenge we face as a special district in Minnesota is the limitation in funding opportunities
- </c> the limitation in funding opportunities. the limitation in funding opportunities.
- I know you're also seeking bonding dollars and, you know, added strain on communities because there's
- I know you're also seeking bonding dollars and, you know, added strain on communities because there's
- I know you're also seeking bonding dollars and, you know, added strain on communities because there's
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works May 26th, 2026
Transportation, Highways & Public Works
Transcript Highlights:
- There's also the surety bond market, wherein a performance bond is issued to a winning contractor.
- And if that contractor fails to actually complete the contract, that surety bond then actually pays to
- I had another amendment set that would strike Office of Highway Construction and limit it to only two
- I had another amendment set that would strike Office of Highway Construction and limit it to only two
- this resolution, urging them just to evaluate impediments to safety measures and appropriate speed limits
Keywords:
highway maintenance, signage, transportation safety, DOTD, infrastructure, public safety, federal grants, job creation, Utility Terrain Vehicles, UTVs, safety regulations, transportation, Louisiana, task force, vehicle operation, legislation, accidents, HCR112, House Concurrent Resolution 112, Louisiana Highway 1
Summary:
The House Transportation Committee met on May 26 with a quorum present and took up several resolutions and one Senate bill. SCR 64 created a task force to study construction management at risk (CMAR) in Louisiana public works; an amendment added representatives from the Louisiana Associated General Contractors and Associated Builders and Contractors, and the resolution was reported with amendments. HR 282 created a task force to study utility terrain vehicles with state agencies; an amendment added the State Fire Marshal, and it was also reported with amendments.
The committee then considered SB 513 on public works project delivery methods. The bill originally included an average-bid award method for certain pilot projects, along with airport design-build provisions. Testimony from a Reason Foundation analyst and from the Louisiana Associated General Contractors raised concerns that average-bid contracting could encourage collusion, raise costs, and lacked supporting data or use by U.S. transportation departments, while airport design-build was supported. The committee adopted an amendment in concept to strike the average-bid provisions, leaving the airport-related design-build language in place, and SB 513 was reported with amendments by a vote of 11 yeas and 4 nays.
The committee also reported SCR 62 favorably, which urges DOTD to evaluate school zones on state highways in response to safety concerns and near misses, including a fatal incident referenced by the author. HCR 112 was reported favorably to study flooding on Louisiana Highway 1 in Shreveport, and HR 275 was reported favorably to study an interstate highway signage maintenance and reporting program. The meeting concluded after all items were disposed of and the committee adjourned.
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Apr 28th, 2025
Banking and Finance
Transcript Highlights:
- The federal CRA has its limitations.
- This bond bill will drive targeted investments into small development, affordable housing, and climate
- There are more concerns, especially around some of the limitations credit unions have.
- This bill would require a licensee who is a lawsuit financer to maintain a surety bond.
- But funding disclosure is limited and is often the result of dissatisfied investors feuding after the
Committee:
House Banking and Finance
TX
Transcript Highlights:
- Under current law, prosecutors face jurisdictional limitations that can hinder their efforts to bring
- members of the House clarified the de novo appeal process when a prosecutor appeals the amount of bond
- There had been some issues of individuals being released on bond.
- This just makes it all the better, and it will be a great tool as judges review the bond for the most
- This is, you know, my words, my bond in that regard. Thank you for answering my questions.
Bills:
SJR5 , SJR27 , SB4 , SB6 , SB7 , SB9 , SB13 , SB15 , SB23 , SB27 , SB30 , SB40 , SB57 , SB66 , SB140 , SB268 , SB293 , SB331 , SB413 , SB437 , SB447 , SB457 , SB467 , SB506 , SB510 , SB512 , SB568 , SB571 , SB650 , SB710 , SB763 , SB785 , SB800 , SB850 , SB863 , SB865 , SB904 , SB905 , SB973 , SB974 , SB1191 , SB1281 , SB1300 , SB1362 , SB1494 , SB1504 , SB1522 , SB1540 , SB1567 , SB1579 , SB1580 , SB1610 , SB1660 , SB1723 , SB1760 , SB1838 , SB1923 , SB1946 , SB1957 , SB1964 , SB2018 , SB2024 , SB2121 , SB2167 , SB2217 , SB2221 , SB2321 , SB2337 , SB2368 , SB2373 , SB2407 , SB2431 , SB2477 , SB2587 , SB2615 , SB2753 , SB2807 , SB2900 , SB2965 , SB2972 , SB2986 , SB3039 , SB3047 , SB3059 , SB3070 , SB1 , SB8 , SB12 , SB13 , SB15 , SB17 , SB21 , SB30 , SB37 , SB260 , SB268 , SB331 , SB379 , SB441 , SB447 , SB457 , SB509 , SB650 , SB763 , SB1198 , SB1405 , SB1506 , SB1566 , SB1610 , SB1637 , SB1660 , SB1833 , SB2018 , SB2024 , SB2155 , SB2217 , SB2308 , SB2337 , SB2601 , SB2753 , SB2778 , SB2878 , SB2900 , SB3059 , HB4 , HB145 , HB300 , HB493 , HB2011 , HB2067 , HB2516 , HB2525 , HB2885 , HB2974 , HB3071 , HB3372 , HB3595 , HB5138 , HB5246 , HB796 , HB1523 , HB5294 , HB748 , HB3395 , HB180 , HB3171 , HB4690 , HB146 , HB5596 , HB5694 , HB1135 , HB3225 , HB186 , HB1449 , HB3793 , HB112 , HB104 , HB4233 , HB1094 , HB3336 , HB3520 , HB3320 , HB5663 , HB2731 , HB2399 , HB111 , HB3483 , HB4580 , HB3748 , HB632 , HB4730 , HB127 , HB5690 , HB5689 , HB3385 , HB4359 , HB5381 , HB20 , HB123 , HB549 , HB5606 , HB2594 , HB1057 , HB3664 , HCR141 , HCR40 , HCR59 , SJR36 , SJR50 , SJR63 , SCR12 , SCR39 , SB2023 , SB62 , SB666 , SB847 , SB284 , SB854 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB1200 , SB1845 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB2797 , SB2076 , SB2876 , SB1640 , SB1449 , SB1181 , SB1234 , SB2926 , SB2841 , SB1528 , SB1854 , SB317 , SB1250 , SB2082 , SB1237 , SB2819 , SB629 , SB2608 , SB1602 , SB2009 , SB867 , SB640 , SB1698 , SB2680 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB2334 , SB1367 , SB2044 , SB2363 , SB2565 , SB1888 , SB3036 , SB3057 , SB3043 , SB3063 , SB3035 , SB203 , SB2688 , SB2522 , SB2459 , SB2655 , SB2251 , SB1884 , SB2928 , SB2566 , SB2549 , SB2553 , SB2919 , SB1944 , SB1232 , SB1798 , SB2603 , SB2607 , SB2683 , SB1319 , SB3045 , SB3071 , HB20 , HB127 , HB549 , HB1094 , HB2594 , HB2731 , HB4233 , HB4690 , SR625 , HCR167 , SJR5 , SB4 , SB6 , SB9 , SB23 , SB40 , SB13 , SB15 , SB30 , SB268 , SB331 , SB447 , SB457 , SB568 , SB650 , SB763 , SB1540 , SB1610 , SB1660 , SB2018 , SB2024 , SB2217 , SB2337 , SB2753 , SB2900 , SB2972 , SB3059 , HB4 , HB145 , HB493 , HB2067 , HB2516 , HB2885 , HB2974 , HB3071 , HB3372 , HB3556 , HB3595 , HB5138
Keywords:
bail, felony offenses, criminal justice reform, public safety, constitutional amendment, judicial conduct, state commission, judicial misconduct, commission membership, property tax, homestead exemption, school funding, state aid, electric power, interconnection, utilities, ERCOT, large load customers, water supply, sewer service
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.
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
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Jul 23rd, 2025
Transcript Highlights:
- I remember that there are limitations with the new administration coming in.
- Limited and inconsistent vetting.
- And so, the roads may be a different issue, but you may have to limit, put a cost or capacity limit on
- If it was a severance tax bond appropriation, it would revert to the severance tax bonding fund.
- We limit the amount of change orders that we require.
AZ
Arizona 2026 Regular Session
03/10/2026 - Senate Natural Resources
Senate Natural Resources Committee of Reference
Transcript Highlights:
- If we get to a bill with, you know, an inordinate amount of speakers, we may either adjust the time limit
- at it, if I see there's a bill with an inordinate amount of speakers, we may either adjust the time limit
- Requiring unnecessary filing would waste limited agency resources and duplicate an existing process.
- , as well as public hearings related to the issuance of revenue bonds.
- Basically, what we're trying to do is modernize PICWA's existing revenue bonding authority.
Summary:
The committee approved the minutes from February 27 and March 3, 2026, then heard House Bill 2013, which would require ADEQ to submit an exceptional event demonstration to EPA when a wildfire on federally managed land affects Arizona air quality. The sponsor said the bill would help Arizona’s ozone/nonattainment situation by ensuring wildfire-related exceedances are excluded from official counts. Sierra Club opposed the mandate as duplicative and costly, and ADEQ said it was neutral but concerned about requiring submissions that may not meet EPA’s regulatory-significance standard and could take about 200 staff hours each. HB 2013 received a do-pass recommendation by a 5-3 vote. The committee also approved House Bill 2156, appropriating $250,000 to the Livestock Compensation Fund, after testimony from opponents raising transparency, conflict-of-interest, and funding concerns; supporters argued ranchers need help with depredation losses. HB 2156 passed 5-3.
House Bill 2113, which would require RUCO to intervene in utility rate cases when a proposed residential rate increase is 100% or more, drew testimony from the sponsor about rural customers facing large increases and from RUCO saying it lacked the staff and budget to take on the added workload. The chair and sponsor discussed adding an appropriation or lowering the threshold, but no amendment was ready. Opponents argued the bill would divert RUCO from larger cases, while supporters emphasized protecting rural ratepayers. The committee gave HB 2113 a do-pass recommendation, 6-2. House Concurrent Memorial 2011, urging Congress to delist the Mexican gray wolf and return management to states and local authorities, was supported by the sponsor and ranching-focused testimony citing livestock losses, while opponents said the species remains endangered and recovery should stay science-based. HCM 2011 passed 5-3.
The committee then considered House Bill 2026, which would let ADWR evaluate water availability for certain developments by looking only at the proposed source or sources, even if water is commingled in a delivery system. ADWR was neutral but warned that commingled systems make it difficult to track actual water use and could weaken groundwater safeguards; opponents said the bill could enable double counting or more pumping. HB 2026 received a do-pass recommendation, 5-3. House Bill 2056, which appropriates $100,000 for a feasibility study of brackish groundwater desalination sites, was supported by the sponsor as a way to explore additional water supplies; ADWR was neutral but said the study would be new for the agency and that brackish water is still regulated as groundwater. HB 2056 passed 5-3. House Bill 2098, modernizing Pinal County Water Augmentation Authority bonding and financing authority, drew support from Pinal County representatives and passed unanimously, 8-0. Finally, House Concurrent Resolution 2057, supporting a geothermal permitting roadmap and coordination among agencies, was backed by industry advocates as a way to unlock Arizona’s geothermal potential and also passed unanimously, 8-0.
ID
Transcript Highlights:
- legislative session, the legislature authorized $80 million of funding, which allowed us to implement a bond
- program, which allowed us to implement a bond program, which allows million of funding which allowed
- us to implement a bond program, which allows us to accelerate major modernization of our highway system
- TECM is the sales tax portion that is transferred to ITD to cover $80 million for the bond program.
- One that you will notice is the variable speed limits in the Jerome area.
Committee:
House Transportation and Defense
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 15th, 2026 at 01:32 pm
House Appropriations & Finance
Transcript Highlights:
- It's limited to the money that we need to pay fund managers.
- Again, our bar authority is very limited.
- a part of the state's bonding.
- And it was really comforting to see that they had increased our bond rate. Great.
- Therefore, they have limited staff.
Committee:
House House Appropriations & Finance
WA
Washington 2025-2026 Regular Session
House Health Care & Wellness Jan 28th, 2026 at 01:30 pm
Health Care & Wellness
Transcript Highlights:
- And having that trusting bond with another human individual is key.
- And having that trusting bond with another human individual is key.
- five, users forming the belief that chatbots are sentient and forming strong platonic or romantic bonds
- Instead... ...we think that expanding the exchange authority could actually limit carrier participation
- This would limit the application of the identification badge requirements to health care providers who
Committee:
House Health Care & Wellness
Keywords:
healthcare, insurance, certification, state regulation, health plan, therapy, psychotherapy, mental health, regulation, professional standards, behavioral health, mental health crisis, crisis response, co-response, co-responder, first responder, EMS, emergency medical services, paramedic, EMT
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.
AZ
Arizona 2026 Regular Session
03/25/2026 - House Transportation & Infrastructure
Transcript Highlights:
- When that access is limited, even temporarily, it has a direct impact on our ability to operate.
- get this bond.
- It's incredibly difficult for a nonprofit to get a bond because nobody owns the assets.
- The historic nature of SR 88 is what limits our ability to make some of the changes.
- The community was frustrated that... ...we were limiting access to the road.
Summary:
The committee heard several transportation-related appropriation and policy bills. SB 1273 would appropriate $14 million in FY2027 for pavement rehabilitation of Olga Frontage Road between Bowie and San Simon; after brief discussion about the road’s length and whether it was on a rural transportation priority list, the bill was reported out 3-2 with a do pass recommendation. SB 1452 would create a cargo theft task force in the Attorney General’s office, modeled on the retail theft task force, with reporting and investigative duties; Tony Bradley of the Arizona Trucking Association testified in support, describing cargo theft as a growing, sophisticated problem and noting the funding would come from the consumer fraud protection fund rather than the general fund. The committee adopted an amendment making the task force subject to appropriations and then passed the bill 5-0.
The committee also considered SB 1332, which would require the Auditor General and an independent transportation research entity to study Maricopa County light rail expansion and compare it with other transit technologies. Senator Kavanaugh argued the study was needed before committing billions more to light rail and said the governor’s office was open to the concept. Supporters, including local business owners, said the study would provide needed transparency and reflect concerns about business impacts and changing transportation options. Opponents, including Valley Metro, the City of Phoenix, and transit advocates, argued the state should not second-guess locally approved transit plans and pointed to existing studies, ridership, and economic development along light rail corridors. The bill passed 4-3.
SB 1059 appropriates $9.2 million for an additional right-turn lane at State Route 87 and State Route 260, and Senator Wendy Rogers used the hearing to describe several rural road projects she and Representative Blackman were pursuing, emphasizing safety, congestion, and local requests from mayors and councils. Members broadly supported the need for rural infrastructure, and the bill was reported out unanimously. The committee then took up SB 1209, which would exempt homeless individuals and others without a residence address from non-operating ID fees if they prove U.S. citizenship. Testimony from the Homeless ID Project and ADOT focused on how IDs help people obtain work and services, how citizenship and authorized presence are verified, and whether the amendment would create operational or fiscal issues; the discussion continued as the transcript ended, with no final vote shown for that bill.
NM
Transcript Highlights:
- Moving on to slide 16, limited access to care in high-need communities.
- Typically, they're funded in larger amounts in general obligation bond years.
- So, again, currently there are very few limits around reauthorization.
- Forward, essentially limiting reauthorizations more than you do now.
- Technology bonding. And we had not. We did.
Committee:
Senate Senate Finance
HI
Hawaii 2025 Regular Session
TRN Public Hearing - Thu Mar 20, 2025 @ 10:00 AM HST
Transcript Highlights:
- Uh, in order to allow people to testify, may institute a time limit at any given time per testifier.
- A 0.05 BAC limit is a deterrent to impaired driving and affects everyone's safety.
- Lowering the BAC limit to 0.05 is not about drinking. It is about separating drinking from driving.
- Again, this bill does not limit the amount of alcohol consumed or purchased.
- But this airport system can subsidize some of the other Capital investment through revenue bonds that
Summary:
The House Committee on Transportation met on March 20, 2025, first on two bills and then on a series of resolutions. On SB 597, relating to administrative driver’s license revocation, the Department of the Attorney General and other agencies supported extending the deadlines for written review decisions because chemical testing results, especially from neighbor islands, can take longer to return. One individual testified in opposition. The committee amended the bill to set the review-decision deadlines at 14 and 28 days, deferred the effective date to July 1, 3000, and recommended passage with amendments by vote.
The committee then heard SB 1285 SD2, a highway safety measure that would create an impaired-driving offense, establish automatic license suspension procedures, and amend related administrative processes. The Attorney General’s office raised concerns about the new infraction structure and recommended deleting that section, while the Public Defender opposed the bill, arguing it could create due process problems and unnecessary burdens on the courts. DOT and several advocacy groups supported the measure, and one individual testified in support of lowering the BAC limit to 0.05. The committee adopted extensive amendments, including deleting several sections, revising revocation language for refusals to test, and deferring the effective date to July 1, 3000, then passed the bill with amendments.
In the later resolution hearing, the committee heard measures on Maui road projects, the Kulani Hako Bridge replacement, enforcement against improperly registered out-of-state vehicles, a proposed extension of the Skyline rail to West Oahu, a proposal to transfer airport regulatory authority to DOT, a golf-ball safety resolution, and a restricted parking pilot program in West Oahu neighborhoods. Testimony was generally supportive on the Maui road, bridge, vehicle-registration, and golf-ball measures, while DOT opposed the airport-corporation task force resolution and several groups offered mixed views, including calls for public-sector union representation if a task force were created. The committee also heard support and concern on the Skyline extension resolution, with members noting the need for transit options that better serve West Oahu. At the end of the meeting, the committee adopted the resolutions it took up in decision-making, including the Maui road measures, the bridge resolution, the vehicle-registration resolution, and the Skyline-related resolution, with the airport-corporation and parking-zone measures also heard before adjournment.
MN
Transcript Highlights:
- </c> project costs and the bonding project costs and the bonding authorization<00:03:34.280><c> for</
- Yes, this aligns the income limits with the workforce housing limit that we already have in law.
- 13:49.680><c> with</c><00:13:50.040><c> the</c> aligns the income limits with the aligns the income limits
- </c><00:13:54.600><c> So,</c> limit that we already have in law.
- So, limit that we already have in law.
Committee:
Senate Taxes
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-08 - 11:30AM
Vermont Senate Floor Meeting
Transcript Highlights:
- Transportation infrastructure bonds are just what they sound like: bonds from which the proceeds are
- They are not the geo bonds that we discussed in the capital bill, but rather special obligation bonds
- </c> bonds for FY 2028 and 2032. bonds for FY 2028 and 2032.
- > Transportation infrastructure bonds are Transportation infrastructure bonds are just<01:02:32.000><
- </c> bond fund is only um is a single bond bond fund is only um is a single bond fund<02:09:14.000><c
HI
Hawaii 2025 Regular Session
EEP Public Hearing - Tue Feb 4, 2025 @ 9:00 AM HST
Energy & Environmental Protection
Transcript Highlights:
- So I think the first question was if it was limited because it's interstate.
- </c> state mandate to reach a certain limit state mandate to reach a certain limit would<00:48:47.800
- </c> the first question was if it was limited the first question was if it was limited because<00:49:
- It establishes a green bonds working group within the Department of Budget.
- </c><01:19:56.719><c> working</c> bonds establishes a green bonds working bonds establishes a green bonds
Committee:
House Energy & Environmental Protection
Summary:
The committee heard testimony on House Bill 1077, a governor’s administration bill to increase transient accommodations tax revenue and split it between two new special funds: a climate mitigation and resiliency special fund and an economic development and revitalization special fund for tourism/resort areas. Supporters, including the Governor’s Office, recovery and resilience staff, climate and conservation groups, and several state agencies, said the bill would create a dedicated, more reliable funding stream for wildfire mitigation, coastal resilience, land clearing, infrastructure, and community-led projects. Some supporters also urged changes to the bill, including moving the fund to DLNR, adding DHHL and OHA representation, clarifying community grants, and ensuring the fund can support both state-led and community-led resilience work.
The Attorney General’s office flagged a drafting issue, noting that the bill references fees deposited into the new fund even though the new chapter does not authorize fee collection, and recommended deleting that language or adding fee authority. The Climate Advisory Team representative also suggested adding DHHL to the decision-making body and requiring at-large members to have climate, resilience, conservation, or infrastructure expertise. The Tax Foundation of Hawaii and the Kohala Coast Resort Association opposed the measure, arguing that the special fund structure does not meet statutory criteria, that the bill functions as a tax increase, and that the transient accommodations tax is not being collected equitably across all lodging types before any increase is imposed.
Other opponents, including tourism and lodging interests, warned that hotels and timeshares already bear most of the tax burden and that raising the TAT could hurt an already struggling visitor industry and drive tourists away. Supporters countered that current funding is far short of what is needed and that a dedicated revenue stream is necessary to address climate impacts now. Committee members questioned why the Legislature should cede spending decisions to a separate executive-branch process, and the administration responded that the bill is intended to create a transparent, recurring mechanism for funding priorities that can be adjusted over time. No vote or final action was taken in the portion of the hearing provided.