Video & Transcript Research : 'purchasing pool'
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MN
Minnesota 2025-2026 Regular Session
House Environment and Natural Resources Finance and Policy Committee 2/11/25
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- to that is gas well construction, the need if there was for any other environmental permits, and pooling
- The need, if there was for any other environmental permits, and pooling and spacing.
- <00:21:04.240>
and Reclamation requirements pooling and Reclamation requirements pooling and - I have purchased and used some of these products myself, so I can tell you firsthand that not only are
- I have purchased and used some of these products myself, so I can tell you firsthand that not only are
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/01/2025)
Transcript Highlights:
- Uh, they have the ability to purchase and sell securities when they see that appropriate.
- <00:22:56.400>
Um <00:22:56.799>when purchased and sell quickly. - Um when purchased and sell quickly.
- But when it gets combined into the common pool, the need from the local community would decrease.
- um because it goes into a common pool um because it goes into a common pool even<01:15:12.159>
Summary:
The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy.
Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets.
Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.
TX
Transcript Highlights:
- Next, the board is requesting funding to update Adobe licenses and purchase Tableau licenses.
- By purchasing the license and not opting to choose subscription service licenses, the agency will save
- The last thing is you all don't regulate some lines of insurance like pooling.
- Some of these insurance pools did not pay our county for the courthouse or school districts.
- Add Texas State University System to the list of agencies authorized to purchase aircraft.
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 11, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- the pool.
- the pool.
- pool, uh, would not stay in the pool pool, uh, would not stay in the pool unless<00:02:59.360>
- pool, the money in the bonding pool pool, the money in the bonding pool that's<00:03:14.000>
- pool.
- pool, the money in the bonding pool pool, the money in the bonding pool that's<00:03:14.000>
NH
Transcript Highlights:
- You've got your business pool, and then you've got your individual pool.
- And that's why they were able to purchase the individual product.
- <00:23:51.760>
their <00:23:52.000>own <00:23:52.159>affordable to purchase - their own affordable to purchase their own affordable coverage<00:23:53.039>
when <00:23:53.280 - <00:24:35.120>
the they were able to purchase the they were able to purchase the individual
HI
Hawaii 2025 Regular Session
CPC/CPN Joint Info Briefing - Wed Dec 17, 2025 @ 9:30 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- <01:33:17.600>
plus the current reinsurance purchase plus the current reinsurance purchase - The HHRF has a very aggressive set of recapitalization mechanisms compared to other state pools.
- , put a captive on that pooling.
- And then could that captive or could the HHRF provide a policy to that pooled set of risk? >> Yes.
- they come together they do a pooling they come together they do a pooling arrangement<02:08:25.840
Summary:
The joint committees held an informational briefing on efforts to expand insurance capacity in Hawaii’s property market, especially for condominium and homeowners coverage. The Insurance Commissioner reviewed the background: a legislative task force, the governor’s emergency proclamation in August 2024, and Senate Bill 1044 in May 2025 led to new condo insurance products. He said the work over the past two and a half years was producing positive results and introduced representatives from HPIA and HHRF/HHR to provide updates.
HPIA’s board chair and its administrator described the organization’s history, structure, and current products. HPIA said it was created in 1991 as a residual market for homeowners insurance, now writing four residential products: HO2 homeowners, renters, HO6 condo unit owners, and dwelling fire. They reported policy counts have grown again as admitted-market carriers tightened underwriting, and they discussed financial pressure from reinsurance costs, though those costs had declined in 2025 after different purchasing decisions. They also said the market has become more favorable overall, with some capacity returning and deductibles beginning to ease.
Members focused much of their questioning on HPIA’s proposed higher dwelling limits. HPIA explained that the current $450,000 limit for homeowners and dwelling fire was set in 2023, but agents are now asking for a higher limit in the $650,000 to $750,000 range because construction costs have risen and many policies are not being submitted when the limit is too low. HPIA said it has the authority to raise the limit through a filing with the Insurance Division and expects more submissions if the cap increases. They also discussed the shift in the book of business from roughly 70% lava-zone coverage to closer to a 50/50 split between lava and non-lava risks.
HPIA outlined strategic initiatives: a new policy administration system that went live October 1 and now allows online payments, online claims reporting, and electronic notices; a filed request to raise the homeowners and dwelling fire limit to $650,000 effective March 1 for new business and April 1 for renewals; an increase in the HO6 condo unit owners limit from $5,000 to $100,000; and a planned commercial property all-other-perils-excluding-hurricane condo product targeted for filing by January 31. No votes were taken, and the meeting was informational only.
TX
Transcript Highlights:
- Just because there seems to be quite a few folks who dip into this pool.
- So I'm just kind of concerned that maybe there might be a limited amount of pool and that we're just
- That threshold for purchases made by municipalities under that section of code was last updated in 2007
- We feel like going Rick Thompson: Up to $100,000 is a responsible number so we can make those purchases
- We did the purchasing for the household.
Bills:
HB158
TX
Transcript Highlights:
- Senator Flores: ...who are not in that pool of. For example, El Paso just met the threshold.
- As well as the current pool of local entities that can apply, it doesn't bring them up to 100%.
- So it still would leave 23% non-reimbursed to the current pool as well as any legislation to expand it
- This leverages the full purchasing power of the state through those contracts.
- In addition to doing the contract for purchasing and leasing those vehicles, we also help manage who
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration May 20th, 2026
Transcript Highlights:
- Where the purchaser takes possession either with a copy or persistent access to the software.
- But taxing business purchases can raise costs for consumers even more than a direct tax on consumption
- But taxing business purchases can raise costs for consumers even more than a direct tax on consumption
- But this committee has heard earlier this year that Cal Competes has accumulated a credit pool of...
- The prorated journalist fund and the needs-based bonus pool. Is that correct?”
Summary:
The committee heard a series of May Revision budget items, beginning with the State Controller’s Office. SCO described requests for Fiscal Book of Record stabilization, payroll system implementation, ACFR reporting support, and unclaimed property outreach funding. Members focused on the Fiscal system’s July go-live, the improved timeliness of the ACFR, and the unclaimed property program’s roughly $15 billion balance and outreach efforts. The Department of Finance and LAO raised no major concerns, and the item was closed after discussion of how the new outreach funding would be used.
The committee then considered several revenue proposals. Finance presented a proposal to tax pre-written digital software and SaaS, with estimated General Fund gains of $450 million in 2026-27 and $900 million ongoing; LAO suggested broader digital tax changes and a business-use exemption, while industry groups opposed the measure as a tax on essential digital tools. CDTFA also presented an administrative request tied to the software tax, and later a $10 million budget reduction reflecting lower operational needs. The committee then heard a federal conformity proposal for new children’s tax-deferred accounts, which LAO supported, and a proposal to cut the first-year LLC/LP minimum tax from $800 to $400, which Finance said would aid small business formation but LAO argued was poorly targeted and would reduce revenue.
Another major item was a permanent business tax credit limitation beginning in 2027, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability. Finance said it would raise about $850 million in 2026-27 and more in later years, while LAO noted it would mainly affect large firms using the R&D credit and could also touch California Competes and other programs. Public testimony split sharply between business groups opposing the cap and advocates supporting it as a progressive revenue measure. The committee also heard FTB’s CalFile realignment proposal, which would retain a smaller staff to continue improving the free filing system and return most of the prior funding to the General Fund.
The hearing concluded with the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which brings in about $221,000 to $266,000 annually for arts grants and teacher stipends. Members and advocates supported the item but also urged larger arts funding, including the Performing Arts Equitable Payroll Fund. The Governor’s Office of Business and Economic Development then presented proposals for the California Civic Media Program, CA RISE reappropriation, and a reversion of unused Chips for America facility funds; LAO supported the latter two but was cautious about new civic media spending. Members raised concerns about the civic media program’s scope, including the exclusion of broadcast and the lack of a specific ethnic media set-aside, while GoBiz said funds would begin going out in the fall if approved.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 10:00 am
Joint Committee on State Administration and Regulatory Oversight
Transcript Highlights:
- It's nearly impossible to obtain or purchase, and not at a reasonable cost.
- We knew that naming a state amphibian would bring critical attention to the disappearing vernal pool
- With input from the Vernal Pool Association, we chose to propose the blue-spotted salamander.
- blue-spotted salamanders are an indicator species for vernal pools.
- pool.
Summary:
The committee heard testimony on several bills. Representative David Linsky supported HB 3383, which would designate the song “Roadrunner” as the official rock song of Massachusetts, describing its Boston roots and cultural significance. Representative Sean Garberle supported HB 3335 on public access to historical records, arguing that records from state institutions should be released after 75 years and that families and researchers should be able to identify people buried in unmarked graves at former state institutions. Representative Rodney Elliott and Lowell officials supported HB 4138, authorizing easements for a Lowell sewer separation project; they said the project is needed for Clean Water Act compliance, will reduce combined sewer overflows into the Merrimack River, and must proceed quickly to meet SRF and consent-decree timelines. Committee members asked about Article 97, the location and scope of the easement, environmental justice impacts, and minority/small business participation in construction.
The committee also heard extensive testimony on Senate 2183 and its House companion, which would elevate the Massachusetts National Guard to a cabinet-level position reporting directly to the Governor. Senators Mike Moore and John Velis, along with the National Guard Association’s Matthew McKenna, argued the change would reduce bureaucracy, improve communication and readiness, and reflect the Guard’s broad domestic and military missions. Velis cited the Holyoke Soldiers’ Home tragedy as an example of a breakdown in communication, while committee members said they wanted more information, including input from the Governor’s office and Guard leadership, before acting. The committee noted the distinction between state-controlled and federalized Guard missions and said it would continue reviewing the issue.
Senator Liz Miranda and a large panel of survivors, advocates, and Northeastern law students testified in support of S. 2174 and S. 2177, which would create an office and task force on unsolved homicides, allow families to petition for case review after three years, require written responses, and establish a tip line, database, and dedicated funding. Witnesses described long-standing lack of communication, low clearance rates, and the disproportionate impact on Black and Brown communities. Senator Becca Rausch also testified on S. 2210, extending public records law to the governor and Legislature, and S. 2207, creating stronger information-governance and records-retention standards; she said both would improve transparency and reduce waste. The transcript does not reflect any votes taken during the hearing, though chairs repeatedly indicated support for moving some bills favorably and said the committee would continue reviewing the National Guard proposal.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (02/10/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- Um, so I have a request to move up the Pool Risk Management Program, 1491, first since uh the Senate
- this bill uh momentarily, I guess, in an hour or so. an hour or so. >> Okay. >> 1491. 1491, the risk pool
- were just—they don't think it's a good idea that we have two different methodologies for the risk pools
- We have two different methodologies for the risk pools.
- to determine how global you know pool to determine how much<00:22:11.120>
premium <00:22:11.440
NM
Transcript Highlights:
- And I would say that purchasing legal marijuana was a perfect example, or psychedelic mushrooms that
- So they can track that drone and see who that was or where it was purchased.
- It's their pool. And I just realized, and then we broke it. So that was cool.
- I'm still very concerned because I own a swimming pool, and Senator Sidio Lopez and her husband—well,
- It was always over... ...my pool. It was always over my whatever, right?
Keywords:
SB40, Driver Privacy and Safety Act, automated license plate reader, ALPR, license plate reader, vehicle surveillance, privacy, data sharing, law enforcement data, immigration enforcement, reproductive health care, gender-affirming care, civil liberties, surveillance, public records, Inspection of Public Records Act, New Mexico State Police, Department of Public Safety, data sovereignty, vehicle tracking
MN
Minnesota 2025 1st Special Session
House Health Finance and Policy Committee 2/17/25
Health Finance and Policy
Transcript Highlights:
- MinnesotaCare is a type of insurance pool that you buy into.
- So I have great concerns about excluding people out of this insurance pool, which would then increase
- , how much are the premiums going to go up for those people left in the pool?
- that you buy type of insurance pool that you buy into<00:46:56.200>
so <00:46:56.440>I - people out of our insurance pools taking people out of our insurance pools and<00:47:03.760>
my
Keywords:
undocumented immigrants, state funding, MinnesotaCare, scholarship ineligibility, state assistance, permit to carry, concealed carry, handgun permit, firearm permit, pistol training, sheriff, application process, electronic filing, mail application, fax submission, certified mail, certified delivery, gun rights, Second Amendment, firearms regulation
FL
Florida 2026 5th Special Session
Community Affairs Mar 31st, 2025
Transcript Highlights:
- What do you mean that the plant was purchased?
- When the plant was purchased, you purchased a plant that was outside of the city boundaries of North
- Isn't it true that at the purchase of the purchase of the plant that this was done at this At the time
- What do you mean that the plant was purchased?
- When the plant was purchased, you purchased a plant that was outside of the city boundaries of North
Summary:
The committee first took up CS/SB 1730, a Live Local Act bill on affordable housing. The sponsor described it as a set of technical and policy adjustments to strengthen implementation, including changes to zoning, height, parking, moratoriums, attorney fees, and related land-use rules. An amendment by Senator Claudio was adopted, adding provisions such as a 10-story height limit near single-family neighborhoods, exclusions for certain protected areas, and changes to fee and use definitions. The committee then reported the bill favorably.
Members next considered CS/SB 1674 on unrated bonds for Israel bonds, with a clarifying amendment adopted to make clear the bill applied only to Israel bonds. CS/SB 140 on charter schools was also approved after debate over parent-led conversion of public schools, municipal job-engine charter schools, and surplus school property; opponents warned about local control and impacts on teachers and communities, while the sponsor said the bill preserved district authority and created new school-choice and economic-development options. The committee also passed SB 96, a claims bill for Jacob Rogers, and CS/SB 954 on recovery residences, after strike-all amendments that addressed zoning, ADA concerns, bed caps, staffing ratios, and limits on operation in certain multifamily settings. Senators expressed support for expanding treatment housing but also raised neighborhood and staffing concerns.
The committee then approved CS/SB 1714 on local housing assistance plans, which would allow SHIP funds for limited lot-rental assistance for mobile-home owners and require local plans to address mobile-home park closures. SB 658 on standardized construction lien release forms was reported favorably despite testimony from contractors and lawyers warning about possible effects on lien rights and the separate House proposal. The committee also reconsidered and then approved CS/SB 482 after a late-filed amendment addressing local government art fees and a key issue over defining “extraordinary circumstances,” with counties and cities saying more work remained. Finally, the committee passed SB 24 and CS/SB 4, both local claims bills, CS/SB 712 on synthetic turf and related construction rules, SB 952 repealing the emergency firearms/ammunition restriction, CS/SB 1164 allowing email notice delivery in landlord-tenant matters with opt-in safeguards, and SB 202 on municipal water and sewer rates, which drew extensive opposition from North Miami Beach and Miami Gardens officials over utility surcharges and revenue impacts. The meeting ended with SB 202 still under heavy questioning and testimony about the fairness and financial consequences of the surcharge structure.
TX
Transcript Highlights:
- authority over surplus lines and risk retention groups, and we do not regulate interlocal governmental pools
- local government code allow governmental entities and political subdivisions to create self-insurance pools
- TDI does not have insight into how many pools are operating in the state, their rates, or their claims
- Finally, TWIA must purchase reinsurance to meet the total funding we are required by law to secure for
- TWIA routinely purchases reinsurance because the $2 billion in statutory funding that I just mentioned
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Aug 12th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- We made participations and purchased loans from banks throughout the state.
- NMFA purchased subordinated interest with loans at an average of 16% of the project cost.
- Let's say this is more of a guaranteed pool program.
- So it's just like an insurance pool.
- The more loans that participate, the bigger the bank will get out of this particular pool.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/24/26
Housing Finance and Policy
Transcript Highlights:
- <00:44:07.280>
142 housing stock, purchasing 142 housing stock, purchasing 142 communities - transaction if they choose to purchase transaction if they choose to purchase it.<00:57:09.839><
- <00:57:20.480>
bill current opportunity to purchase bill current opportunity to purchase bill - <00:57:42.640>
a equity firm that's looking to purchase a equity firm that's looking to purchase - <01:09:35.600>
that residents to be able to purchase that residents to be able to purchase
Keywords:
HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, natural gas, gas hookups, residential construction, energy policy, local control, state preemption
TX
Transcript Highlights:
- You could use your debit card to make purchases with gold if you wanted to. But again...
- Right, so under the bill, there's a pooled account where all the gold stays.
- This bill calls for pooled storage: a pooled amount of metals.
- Charge a fee for the purchase of this digital currency and then turn around and purchase metal with that
- In actual purchasing power, inflation quickly wipes out any gains.
Keywords:
SB 524, Texas franchise tax, veteran-owned business, new veteran-owned business, business tax exemption, filing fee exemption, Tax Code Chapter 171, Business Organizations Code, Comptroller, small business, veterans, entrepreneurship, tax repeal, privilege tax, beginning date, franchise tax exemption, severance tax, oil, gas, restimulation wells
MN
Minnesota 2025-2026 Regular Session
Eligibility for the Dairy Assistance, Investment, Relief Initiative 2/25/26
Minnesota House Floor Meeting
Transcript Highlights:
- Uh, but if there's leftover money after disbursement, that money goes into the local food purchasing
- Our local food purchasing assistance program is something that has been bipartisan.
- And so as we move purchasing uh program.
- assistant grant under food purchasing assistant grant under laws,<00:25:17.039>
etc. - It's to the whole pool of dairy farms in the state.
WY
Transcript Highlights:
- And so we don't anticipate having any significant IT infrastructure purchases going forward.
- significant IT infrastructure purchases significant IT infrastructure purchases going<00:02:08.800
- <00:03:48.799>
And <00:03:49.120>and purchased with federal funds? - And and purchased with federal funds?
- >> funds, you know, for that purchase? >> funds, you know, for that purchase?