Transcript Highlights:

• And so the Keep Arts Fund supports the administration of art grant programs in schools across the state
• As we prepare to launch the first round of the program next month, we are hopeful that state and private
• So just a consideration to rename the program under our state statute because that might cause some harm
• And I have seen too many state programs, whether it's our ADU grants for $40,000, somebody else gets
• Megan Tokanaga Block, Department of Finance, just to say that the HAP program allocates across all the

Keywords: 988, house, all

Transcript Highlights:

• Before we begin with the first item, I want to thank the Department of Finance, the various state departments
• Our third proposal is a state and local cybersecurity grant program.
• agencies that may not get resources to— ...funding continues for a certain state program, that department
• And this state should just not be cutting those programs. So thank you.
• And sexual violence, and the state should just not be cutting those programs. So thank you, Mr.

Summary: The subcommittee heard May Revision presentations for the Office of Emergency Services, Judicial Branch, CDCR, and the Department of Justice, with the LAO offering comments and recommendations throughout. For Cal OES, the administration outlined funding for relocating the Red Mountain communications site, increased FEMA reimbursement authority, cybersecurity grants, next-generation 911 support, and a reduction to the Flexible Cash Assistance for Survivors of Crime program. Members raised concerns about VOCA backfill and disaster reimbursement, while the LAO recommended approving the 911 request with reporting, adding contingency planning for cybersecurity grants, clarifying the FEMA reimbursement language, and increasing reporting on emergency spending. For the Judicial Branch, the May Revision included funding for implementation of the Trial Nations Access to Justice Act, reductions tied to court facilities and employee benefits, and General Fund solutions such as a reduction to the pretrial release program, a reversion from the Trial Court Trust Fund, and elimination of the jury duty pilot program. The LAO cautioned that the pretrial reduction could affect detention and release decisions and recommended tighter legislative oversight over the trust fund transfer and reallocation language. Members questioned the impact of the pretrial cut, the lack of Prop. 36 court funding, and the rationale for the jury pilot elimination; the Judicial Branch said it was generally supportive of the budget as proposed. CDCR presented requests for roof repairs, fire alarm replacements, CalAIM-related costs, and trailer bill changes on incarcerated college students, mental health hiring, and tuberculosis testing, along with a planned prison closure by October 2026. The department also proposed reducing or delaying several items, including radio replacement, ADA improvements, COVID mitigation, and some facility upgrades, while adding a $125 million placeholder for consultant-driven operational savings. The LAO recommended rejecting or reducing several San Quentin-related proposals, questioned the staffing and contract medical requests, and urged more transparency on the consultant savings plan; members expressed concern about the realism of the savings targets and the potential legal or operational risks from delaying ADA and radio projects. For DOJ, the May Revision proposed ongoing funding and 44 positions to defend against federal actions, IT and accounting system upgrades, implementation funding for AB 1877, and a special fund loan. The LAO supported the KLETS connection but asked for a contingency plan if the new DMV link is delayed, noted that AB 1877 would not be fully implemented without additional funding, and recommended limiting and reporting on the federal accountability workload. Members questioned the size and permanence of the DOJ request, the use of the earlier $25 million special session appropriation, and the pace of federal litigation; DOJ said the new request would support ongoing litigation, expert assistance, and coordination across multiple cases and states.

Transcript Highlights:

• Mary Davis explained that the Minnesota Housing Finance Agency finances housing activities in the state
• by administering federally funded and state-funded grant and loan programs, including programs with
• Workforce and Affordable Home Ownership Program is a program that finances home ownership development
• Workforce and Affordable Home Ownership Program is a program that finances home ownership development
• <00:26:42.600> the programs that were financed in the programs that were financed in the previous

Keywords: 1183, house

Summary: The House Housing Finance and Policy Committee met for an informational session with no bills taken up and no votes or formal actions. Members and staff introduced themselves, and Chair Speno said the committee would focus on understanding housing policy and barriers to building more homes, noting Minnesota’s housing shortage and the need to support both single-family and multifamily construction. House Research analyst Mary Davis and House Fiscal analyst Katrina Heimark gave an overview of the committee’s jurisdiction and the Minnesota Housing Finance Agency’s programs and funding streams. Davis outlined areas the committee may hear about, including real estate law, landlord-tenant law, manufactured home parks, housing cooperatives, zoning, property taxes, and MHFA programs. Heimark described MHFA’s five main budget areas—development and redevelopment, housing stability, homeownership assistance, preservation, and resident/organization support—and reviewed recent appropriations, emphasizing that much of the large 2024–25 funding was one-time money and that ongoing base funding is lower in 2026–27. Members asked several questions about how prior appropriations were spent, whether unused funds return to the general fund, and whether funds can be repurposed. Heimark said transferred funds generally are not returned to the general fund if unspent, but are expected to be used for the purposes outlined in the appropriation; she also said she had requested more detailed expenditure information from the agency and would follow up. Questions also focused on who benefits from programs such as rental housing rehabilitation and the affordable rental investment fund, with the testifiers explaining that most MHFA programs are targeted to low- and moderate-income households and that income eligibility varies by program. The committee also discussed the new metro-area sales tax revenue dedicated to housing, with members requesting more detail on reporting, oversight, and allowable uses.

Transcript Highlights:

• 2.87% or even the super COLA of 4.31%, this would further stabilize the state preschool programs and
• For this, we flagged this in particular because at present, programs receive, or state preschool programs
• For this, we flagged this in particular because at present, programs receive or state preschool programs
• I'm here to speak to the need of the Cal Food Program as a lifeline for food banks in our state.
• I'm also here on behalf of TFC, and they represent 68 AP programs throughout the state.

Summary: The Assembly Budget Subcommittee on Human Services held a hearing on the Governor’s May Revision, with no votes taken. The first major topic was child care and early education, where the Department of Social Services and Department of Finance outlined proposed changes to absorb federal Child Care and Development Fund and Proposition 64 revenue reductions, shift some funding between child care programs, end funding for prospective pay implementation now that the federal requirement has been rescinded, adjust the alternative payment administration structure, and fund child care infrastructure grants and a Low-Income Investment Fund contract closeout. The Legislative Analyst’s Office said the budget makes progress on the structural deficit but recommended maintaining the administration’s solution level, making reserve deposits, and avoiding new ongoing commitments; it also raised concerns about shifting reductions to the California Alternative Payment Program and about the proposed administrative-rate change. Committee members strongly criticized the proposed loss of child care slots and said they would oppose eliminating those slots, while also expressing support for child care as essential infrastructure. The committee then reviewed California State Preschool Program proposals. Finance and CDE described reductions to the preschool COLA from 2.41% to 2.01%, removal of prospective pay funding, and increases for the QRIS block grant, audit support, and rate reform implementation. Trailer bill language would codify age-based rate categories, inclusion-rate documentation, family fee collection rules, portability, and excused absences. CDE supported the QRIS increase and some attendance and family-fee changes, but warned that aligning three- and four-year-old rates could reduce support for three-year-olds and that the budget does not fully cover enrollment growth. Members also questioned whether the preschool and child care slot reductions should be reallocated rather than terminated, and the administration said the reductions were intended to reflect current utilization and avoid harm to currently enrolled families. The hearing then moved to CalFresh and nutrition programs. CDSS said the May Revision includes a one-time CalFood augmentation, funding to cover federal SNAP administrative cost-share pressures, and additional staffing and technical assistance to implement HR 1 changes, including the able-bodied adults without dependents time limit and new non-citizen eligibility rules. The department estimated HR 1 could cut CalFresh funding by $2.3 billion to $3.7 billion annually and affect about 500,000 people, with roughly 806,000 adults potentially subject to the time limit and about 34,000 non-citizens expected to lose eligibility once fully implemented. Members pressed for stronger harm mitigation, including a $98 million backfill to protect families from losing food benefits, and raised concerns about county workload and the “chilling effect” on immigrant participation. The final portion of the transcript began the IHSS presentation, noting a revised budget of $33.7 billion total funds and $12.8 billion General Fund, with proposed reductions tied to Medi-Cal asset-limit changes and other federal conformity items.

Transcript Highlights:

• of the United States.
• This program works.
• This program works.
• program be maintained by the state purchasing agent, allowing approved continuing education units to
• through Finance, Mr.

Keywords: 996, all

Transcript Highlights:

• And so the Keep Arts Fund supports the administration of art grant programs in schools across the state
• CalHFA recently celebrated 50 years of providing innovative and effective financing programs to address
• And I have seen too many state programs, whether it's our ADU grants for 40,000, somebody else gets in
• Megan Tokanaga Block, Department of Finance, just to say that the HAP program allocates across all the
• Megan Tokanaga Block, Department of Finance, just to say that the HAP program allocates across all the

Summary: The committee opened with the State Controller’s Office May Revision requests, including funding for Fiscal book-of-record stabilization, a Broadcom IDMS licensing adjustment, the California State Payroll System, ACFR reporting automation, and $3 million for unclaimed property outreach. Testimony emphasized progress on Fiscal becoming the state’s accounting book of record in July, faster ACFR publication, and the move to electronic unclaimed property claims. Members asked about the size of the unclaimed property fund and how quickly money is transferred to the General Fund; the Controller’s office said about $15 billion is held, with most excess transferred regularly, and the LAO noted the fund is the General Fund’s fourth-largest revenue source. No concerns were raised by Finance or the LAO, and the item was closed after no public comment. The committee then heard the administration’s proposal to tax prewritten digital software and software-as-a-service, with Finance saying it would modernize sales tax treatment and raise an estimated $450 million General Fund and $560 million local revenue in 2026-27. The LAO supported modernizing the tax but suggested broader digital goods coverage and a business-use exemption; industry and taxpayer groups opposed the proposal, warning of higher costs for consumers and businesses. Members also heard CDTFA’s administrative request tied to the proposal, plus a separate CDTFA budget reduction reflecting lower operational needs; that reduction was presented as a savings item and drew positive reactions. Next, the committee considered federal conformity for “Trump accounts,” which would align California tax treatment with federal rules for tax-deferred children’s accounts and avoid tracking burdens for families. The LAO recommended approval, and the item drew no opposition. The committee also heard a proposal to cut the first-year $800 annual business tax to $400 for LLCs, LPs, and LLPs; Finance argued it would lower startup costs and encourage new business formation, while the LAO said the benefit was not well targeted and could subsidize entities that would form anyway. Members discussed the policy tradeoff, and public commenters split between support for small business relief and concern about revenue loss. The final major revenue item was a permanent business tax credit limitation, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability, while excluding the low-income housing tax credit and personal income tax credits. Finance said it would raise significant revenue from large profitable corporations, and the LAO said it was a reasonable option but noted it would mainly affect the R&D credit and could have future implications for programs like California Competes. Public testimony was sharply divided, with business groups opposing the cap and anti-poverty advocates supporting it as a way to recapture revenue. The committee also heard FTB’s CalFile realignment request, which would return most of the direct-file-related resources to the General Fund while retaining a smaller staff to improve CalFile, and the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which members and advocates supported despite relatively modest annual donations. The hearing continued with GoBiz proposals on civic media funding, CA RISE reappropriation, and a semiconductor facility reversion, with the LAO supporting the latter two and members raising questions about the civic media program’s scope, outreach, and inclusion of broadcast and ethnic media.

Transcript Highlights:

• We first started down payment assistance in 2018, financing the first number of bond programs.
• The MassHousing program we heard about earlier was financed with our dollars.
• our bond financing programs and looking for alternative ways to leverage that.
• We track and participate in the state SDO program, and we report annually into that.
• And we're trying to do that, and we have state programs for that.

Keywords: 995, all

Summary: The Joint Committee on Housing opened its second hearing of the session with remarks from Chairs Haggerty and Cyr emphasizing that the hearing was a broad look at Massachusetts’ housing crisis rather than a single bill. They highlighted topics including zoning, permitting, rental assistance, public housing, homelessness prevention, and housing production. The first witness, Housing and Livable Communities Secretary Augustus, reviewed implementation of the Affordable Homes Act and the state’s new housing plan, citing a 1.6% vacancy rate, a projected need for 222,000 new homes over 10 years, and ongoing efforts such as ADUs by right, fair housing enforcement, eviction record sealing, seasonal communities planning, and new funding for affordable housing, public housing, and the Momentum Fund. He also discussed infrastructure support for municipalities, technical assistance for ADUs, and concerns about possible federal funding cuts. Committee members questioned the secretary about ADU financing and technical assistance, the likely unit yield from the Affordable Homes Act, infrastructure barriers in suburban and rural communities, public housing waitlist management, supportive housing, and federal budget risks. MassNAHRO then testified that public housing authorities are facing rising operating and capital costs, a statewide waitlist nearing 300,000, and uncertainty over federal Section 8 and HUD funding. Witnesses described recent state support for operating subsidies, capital improvements, vacancy turnover teams, and resident service coordinators, while warning that proposed federal cuts could sharply affect voucher issuance and agency operations. CDAC’s executive director Roger Herzog described the agency’s role as a quasi-public source of early-stage financing and technical assistance for nonprofit housing developers, noting its loan capital, supportive housing bond programs, home modification loans, and preservation work under Chapter 40T. He said CDAC has helped produce or preserve more than 55,000 units and stressed the importance of patient capital and preservation tools. CHAPA CEO Rachel Heller urged the committee to focus on production, preservation, planning, and political will, supporting goals for affordability, supportive housing, and homeownership, and endorsing policy changes such as YIGBY, clearer site plan review rules, stronger fair housing funding, and more support for vouchers and public housing. MassHousing then outlined its financing role, including mortgage lending, down payment assistance, the Community Climate Bank, and the Momentum Fund, while noting that permitting delays, capital gaps, and possible federal changes could affect production. Members also asked about transparency, prevailing wage compliance, and a recent internal restructuring related to diversity and business engagement.

Transcript Highlights:

• So, Finance Authority CEO Marquita Russell has been working on a number of different programs, many of
• So again, the four largest programs we just talked about: PPRF, Drinking Water State Revolving Fund,
• And then a new one to the state is called the Capital Access Program.
• Again, the Mortgage Finance Authority works across the state.
• A lot of these state housing programs that were administered by various agencies in the state were transformed

Transcript Highlights:

• We also have Ellison Hewitt, who's the principal program budget analyst with the Department of Finance
• Unlike some state and federal programs that operate a queue, SIBTF does not.
• Anyway, my understanding is there's been a model for federal programs and other states.
• Programs and other states. So if you could get that to me, that would be great. Absolutely.
• Not only does our program save the state of California money, but it promotes public safety.

Summary: The subcommittee heard a series of budget and trailer bill presentations focused on labor and public employment programs. The first item covered EDD Next modernization, where EDD described progress on customer service improvements, fraud prevention, language access, and the Integrated Claims Management System. The LAO urged stronger legislative oversight as the project enters its most difficult phase, and members questioned the revised schedule, total cost, change orders, stress testing, SB 1090 implementation, and how race and ethnicity data will be protected. EDD said the overall project cost remains about $1.2 billion, that the work is being phased with disability insurance and paid family leave first, and that fraud has been greatly reduced since pandemic-era programs ended. Members also asked for follow-up information on SB 590 outreach and equity impacts. The committee then reviewed the California Workforce Development Board’s request to reduce staffing as one-time grant workloads wind down, along with trailer bill language to streamline reporting requirements. The board and Department of Finance said the staffing reductions reflect the end of surge funding and that the proposal would consolidate roughly 10 to 12 reports into one annual report, with additional reporting only if new funds are appropriated for certain programs. Senator Durazo questioned the policy direction of reducing workforce staffing, while the administration said the positions were tied to temporary grant programs and that current staffing is sufficient for ongoing duties. Members also asked about the board’s role in AI-related workforce planning and the rationale for using state funds for the High Road Construction Careers Program. A major portion of the hearing focused on the Subsequent Injury Benefits Trust Fund reforms and related staffing request at DIR. The administration and LAO described rapid growth in applications, backlog, and liabilities, saying the program’s eligibility has expanded beyond its original intent and that liabilities could reach about $30 billion by 2030 without reform. The trailer bill would tighten eligibility, apply the changes to open cases, and use the QME process and contemporaneous evidence to document preexisting disabilities. Members raised concerns about fairness to pending claimants, evaluator capacity, and the relationship to other SIBTF legislation, while the LAO said the proposal largely aligns with its prior recommendations. DIR also presented a request to eliminate vacant positions under a statewide vacancy sweep, which drew criticism from members who argued the cuts could weaken enforcement and backlog reduction efforts; the committee asked DIR to return with more detail on impacts and on its use of temporary-help authority. The final items addressed a request for additional Cal/OSHA investigative staff and a trailer bill to make permanent the revised Workers’ Compensation Appeals Board petition timeline. DIR said the BOI staffing would help investigate fatalities and serious injuries more quickly, while members emphasized the importance of family contact and timely investigations. For the WCAB item, the chair explained that the 2024 change to Labor Code section 5909, which starts the 60-day decision clock when a case is transmitted rather than when a petition is filed, has reduced pending cases and should be made permanent; the remaining backlog was reported at 460 cases, down from 637 before the change.

Transcript Highlights:

• which will be focused on affordable housing finance for the state and a housing development finance
• was created, the state created its own program.
• Own state tax credit program to help augment the amount of production we can do using the 9% program.
• or the interaction between the state tax credit program and the federal program.
• With the state to carry out many of the state's goals and many of its state-mandated programs.

Keywords: 988, house, all

Transcript Highlights:

• The Employee Assistance Program is a union-negotiated benefit for all state employees.
• The state is required to maintain a continuous employee assistance program under various authorities.
• My name is Anthony Frenzoy, principal program budget analyst with the Department of Finance.
• There's other programs such as a local partnership program and the State Transportation Improvement Program
• Or we can program a project within the State Highway Operation and Protection Program, which is a major

Keywords: 987, senate, all

Transcript Highlights:

• Currently, our largest financial aid program is the State University Grant program, which we award to
• While prior state legislation required institutions receiving state Funds via the Cal Grant program to
• Administration of state aid programs.
• We'll talk at a future hearing about the Golden State Teacher Grant Program.
• The Golden State Teacher Grant Program requires a really short turnaround.

Keywords: 988, house, all

Transcript Highlights:

• Facility grant program. So we will kick it off with the proposal from finance. And welcome.
• For example, the program was audited in 2022, and the state auditor found that the program is administered
• For example, the program was audited in 2022, and the state auditor found that the program is administered
• I mean, other programs like our CSAP program is a 30-year loan program.
• So there is, and then on our longer term program, CSFP, the state makes, you know, multi-million dollar

Summary: The committee heard an update on the administration’s Career Education Master Plan and the new California Education Interagency Council. Administration and agency staff described efforts to better connect K-12, higher education, workforce, and data systems, including the California Cradle to Career Data System, e-Transcript California, and a proposed career passport. They emphasized regional coordination with workforce boards and community colleges, and said the new council’s immediate tasks are to hold its first meeting by the end of June, enter into a data-sharing MOU, and complete a strategic plan by the end of November. Members asked about the council’s authority, reporting requirements, and how it would relate to the broader Master Plan for Higher Education; staff said the council will make recommendations but does not have implementation authority. The committee then took up the Governor’s proposed $100 million one-time expansion of dual enrollment grants and related changes to instructional minute requirements. Finance and the Department of Education said the proposal would support middle college, early college, and CCAP programs, add technical assistance, prioritize high-need LEAs, and reduce the minimum instructional day for certain dual enrollment students from 240 to 180 minutes to ease scheduling barriers. The Chancellor’s Office strongly supported the investment, citing access, acceleration, and equity benefits, while the LAO recommended rejecting the funding, arguing the state already provides ongoing support and that the proposal does not address major barriers. Members raised questions about adult learners, A-G alignment, reporting on outcomes and expenditures, rural access, transportation, staffing, and whether the funding would create lasting program capacity. The item was left open after discussion. The committee also considered trailer bill language to align the definition of long-term English learners across data systems. Finance and CDE said the change would simplify identification by defining LTELs as students who have not attained English proficiency within seven years and RTELs as students not proficient within six years, matching the dashboard and research-based timelines. CDE said the current mismatch between dashboard and assessment definitions creates confusion and delays, while some members and advocates worried the change could reduce earlier intervention or should be handled through policy committees rather than the budget process. The committee voted to reject the proposal and refer it to policy, though the administration said it still supports the budget language. Finally, the committee heard a proposal to extend the Supporting Inclusive Practices project by one year, through June 30, 2027. CDE said the project is promising but raised concerns about the contract structure and fiscal management, while Marysville Joint Unified School District testified that SIP had helped expand inclusive preschool and district-wide practices and reduce reliance on more restrictive placements. Members questioned why funds had not been fully encumbered and whether the remaining money should be redirected to areas with greater implementation need. The item was discussed but no final action was described in the excerpt.

Transcript Highlights:

• Senate Bill 104, introduced by Senator Pazina, makes an appropriation to the Other State Education Programs
• and maintaining programs for school gardens so that we can ensure that K-12 students in the state are
• This program affects approximately 250,000 students around the state and over 400 schools.
• This program affects approximately 250,000 students around the state and over 400 schools.
• Senate Bill 468, introduced by the Senate Committee on Finance, makes an appropriation to the State Public

Keywords: 909, all

Transcript Highlights:

• million cut to funds that were intended to support state preschool programs to better serve children
• And finally, we would just like to highlight the need for funding the California State Preschool Program
• also impact the state-funded Trafficking Crime Victims Assistance Program, also known as TCVAP, since
• To start the state supplemental grant program we're requesting 80 million in expenditure authority extension
• that we have in our state, which is our food assistance program.

Keywords: 988, house, all

Transcript Highlights:

• unique for state agencies.
• Department of Finance.
• new programs in Chula Vista.
• housing grant programs.
• Cal State is a statewide intersegmental program of the community colleges, CSU, and UC system.

Summary: The Assembly Budget Subcommittee on Education Finance held an extended hearing focused primarily on University of California budget issues, enrollment, housing, and Title IX. Chair David Alvarez opened by noting the governor’s proposed 8% ongoing General Fund reduction to UC, the deferral of compact funding, and the College of the Law budget item, while emphasizing that no votes would be taken that day. Public commenters, including UC Davis employees and lecturers, urged restoration of UC funding and opposed the hiring freeze, saying cuts would worsen staffing shortages, reduce research capacity, and harm students and patients. On UC core operations, the Department of Finance said the governor’s budget maintains the compact but defers $240.8 million in ongoing support and continues a planned 7.95% reduction, while the LAO recommended rejecting the deferrals and instead making any changes in the budget year. UC San Diego’s chancellor and UC Office of the President argued the cuts and deferrals would create major campus shortfalls, force hiring freezes, larger class sizes, fewer course offerings, delayed projects, and possible layoffs. Committee members questioned whether cuts could be shifted away from students and toward administration, discussed UCOP reserves and bond debt, and noted that UC’s budget structure makes the campus-level impact larger than the headline reduction. The committee also reviewed enrollment trends and nonresident replacement. The LAO said UC resident enrollment has grown and recommended revisiting 2026-27 targets and pausing the nonresident replacement plan if state funding does not improve. UC said it has exceeded California undergraduate enrollment and nonresident replacement goals, but warned that continued growth without funding would force enrollment reductions and harm quality. Members discussed the role of nonresident and international students, tuition rates, and the value of UC as a pathway for California students and a source of talent for the state. A separate housing item covered the state’s Higher Education Student Housing Grant Program. UC reported that recent bond savings could support additional affordable beds at UC Davis and UC Santa Barbara, but the LAO and Finance noted the Legislature would need to decide how to use the $6.2 million in savings from the original projects. The committee also heard a Title IX update from UC’s systemwide civil rights office, which described campus Title IX structures, training, and policy enforcement, and said the system has been working to improve confidentiality guidance and streamline complaint processes after survey feedback showed confusion and lengthy procedures.

Transcript Highlights:

• Throughout the entire state, offering non-credit and job training programs and bringing programs to places
• In addition to these policies and regulations, the state has existing programs to support our Dreamer
• Each year, the state provides a COLA to a subset of these categorical programs.
• at a time before the state has information on the outcomes of the program to date.
• The state also funded an evaluation of this program in the 22-23 Budget Act, but this evaluation has

Keywords: 988, house, all

Transcript Highlights:

• farm animal removal programs, one shared use, four youth incentive programs, and four county and state
• farm animal removal programs, one shared use, four youth incentive programs, and four county and state
• farm animal removal programs, one shared use, four youth incentive programs, and four county and state
• farm animal removal programs, one shared use, four youth incentive programs, and four county and state
• farm animal removal programs, one shared use, four youth incentive programs, and four county and state

Keywords: Meeting Start 00:00 Attendance Roll Call 00:08 Approval of Minutes 00:43 KOAP Report 00:59 KY Office of Drug Control Policy 23:04, 958, all

Summary: The committee met on September 18, 2025, approved the July 10 minutes, and received Brandon Reid’s monthly report on Kentucky agriculture development and finance activity for July and August. Reid emphasized the long-running structure created under House Bill 611 and Senate Bill 28, the role of county agriculture development councils in all 120 counties, and the importance of the program as a national model for supporting Kentucky agriculture. He also introduced new staff and interns, including a new loan programs manager, Rachel Coward, and project manager Kylie Davis. For July, the development board reported $3.4 million invested in agriculture and the finance corporation reported $3.1 million in loans. Highlights included 11 county council meetings, site visits, program reviews, and 18 project reports. July approvals included county agriculture incentive programs, deceased farm animal removal programs, youth incentive programs, county/state projects, infrastructure loans, an agriculture processing loan, and beginning farmer loans. Staff also noted that all 120 counties had submitted their required five-year comprehensive plans on schedule. Bill McCloskey then highlighted several funded projects, including Dino’s Farm LLC in Jefferson County, which received support to purchase a meat processing facility and equipment, with the goal of creating market opportunities for goat, sheep, and cattle producers and establishing Kentucky’s first halal meat processing facility. Other projects included a veterinarian facility project to address large animal vet shortages and Grow Appalachia at Berea College, which provides technical assistance and market support for small-scale and eastern Kentucky producers. Members discussed the need for programs such as high tunnels and other small-scale opportunities in rural areas, and staff noted related resources such as CAPE and NRCS funding. For August, the board reported $500,000 in development board investments and just over $3 million in finance corporation loans, along with fewer staff activities than July but continued county council, site visit, and project review work. August approvals included county agriculture incentive programs, deceased animal removal programs, youth incentive programs, county/state projects, agriculture infrastructure loans, beginning farmer loans, and a horticulture incentives loan. Additional project updates included another veterinary equipment purchase, emergency safety equipment in Graves County, and a food safety and efficiency incentive for Jared Cornet.

Transcript Highlights:

• This includes authorizing the establishment of a public transmission financing program that would be
• The amendments also make the financing program available to a range of public sponsors, including...
• ...Amendments also make the financing program available to a range of public sponsors, including state
• They say that any project that receives public financing and support from the state would be required
• If there is public financing, I sat on a local government. I'm now a state legislator.

Summary: The Assembly Committee on Utilities and Energy heard two bills focused on electricity affordability and utility costs. AB 745, by Assembly Member Irwin, would restructure the California Climate Credit by shifting it from lump-sum payments to direct reductions in volumetric electricity rates and moving the credit to the summer months when bills are highest. The author and UC Santa Barbara economist Dr. Kyle Meng argued this could significantly lower summer rates and better help households during extreme heat. Supporters, including UCS, NRDC, and some labor representatives, favored the concept, with some urging that the gas climate credit also be redirected. No opposition testimony was presented, and the bill passed 18-0 to the floor. The committee then considered AB 825, also presented as an affordability package aimed at reducing electric bills by addressing wildfire mitigation costs, transmission financing, permitting delays, and a review of ratepayer-funded programs. The bill would authorize securitization for undergrounding expenses, remove the first $15 billion in undergrounding capital investments from the rate base for return purposes, create a public transmission financing program using Proposition 4 funds and IBank support, revive the California Power Authority as a public sponsor, and establish a task force to review energy efficiency and demand response programs. The author and witness Matt Friedman of The Utility Reform Network said the bill could save ratepayers billions over time through lower-cost public financing and securitization. Testimony on AB 825 was mixed. Support came from several consumer and clean-energy groups, while utilities and labor raised concerns about the bill’s impact on utility financial stability, wildfire fund participation, liability, and whether the $15 billion securitization cap could discourage undergrounding. Some witnesses also objected to the task force’s potential effect on energy efficiency and demand response programs. Committee members discussed the need to balance affordability with utility creditworthiness and wildfire safety, and several asked for more analysis of market impacts and liability issues. Despite those concerns, AB 825 passed the committee 13-0 and was sent to the floor.

Transcript Highlights:

• Several of these states have comparable medical and adult-use cannabis programs whose regulatory and
• The declining number of state program participants also... ...reduce the risk of future litigation.
• The declining number of state program participants also means that less fee revenue will be gathered
• state has not implemented this type of program before, there are many state entities involved, and as
• Given the state has not implemented this type of program before, there are many state entities involved

Keywords: 987, senate, all