Video & Transcript Research : 'predictive models'
Page 200 of 463
FL
Transcript Highlights:
- Mind you, this is seven people who have an inordinate effect on our model and our system.
- I'm hoping you can describe for the committee: is this modeled after any program that currently exists
- Yeah, it's to draw primarily new people in to expand and grow our model.
- And in terms of the economic model, I don't have... ...sure it's a stable environment for them to invest
- And in terms of the economic model, I don't have that data in front of me. I will get it for you.
Summary:
The Commerce and Tourism Committee heard and favorably reported several bills. SB 1672 removed duplicative state provisions related to labor pools; CS/SB 940 prohibited third-party sale of restaurant reservations without the restaurant’s consent; and CS/SB 1820 made changes to motor vehicle manufacturer and dealer franchise law, including disclosure of performance measures, anti-retaliation protections, and limits on franchise termination or nonrenewal. The committee also approved CS/SB 324, creating a revolving loan program to help small businesses affected by prolonged public works construction, and SB 936, which creates a recurring three-year study of the effects of AI, robotics, and automation on Florida’s workforce and economy. SB 1322, the Florida Rural Jobs Act, was amended and reported favorably to encourage private investment in rural small businesses through a state tax credit program. The committee also reported favorably on CS/SB 910, which regulates for-profit veterans’ benefit assistance services, and CS/SB 656, which extends protections from extraordinary collection actions to all bill-of-care payment actions by hospitals and ambulatory surgical centers.
The committee spent substantial time on CS/SB 1264, a broad Department of Commerce agency bill. The strike-all amendment added or revised provisions on Secure Florida, the RISE venture capital tax credit program, data center tax exemptions, business development classifications, military land transfers, and other economic development matters, while also repealing regional planning councils from statute. That repeal drew extensive opposition from local officials and regional council representatives, who argued the councils are important for emergency management, grant writing, planning, and support for small and rural communities. Supporters of the amendment said the councils could continue locally without state statutory involvement. After debate, the amendment was adopted and the bill was reported favorably, though Senators Davis and Smith voted no.
The committee also considered CS/SB 1238, which would tighten reemployment assistance rules by disqualifying claimants who fail to meet job-search requirements or refuse work, and by adding verification and reporting requirements. Supporters framed it as adding guardrails and preventing fraud, while opponents argued Florida’s unemployment system is already difficult to access and that the bill would add unnecessary barriers and costs. Despite opposition from labor and advocacy groups, the bill was reported favorably, with Senators Smith and Arrington voting no. Finally, the committee unanimously recommended confirmation of Alexis Yarborough and John Gilbert to the Board of Supervisors of the Central Florida Tourism Oversight District.
TX
Transcript Highlights:
- Of course, you're going to have modeling that substantiates the expenditure of that capital to deploy
- But isn't it true that your competitors have the same business model to essentially collect a bounty
- I would say that their business model is not the same. But that's a fair point.
- Generating model the same? No, I don't believe that the revenue generating model is the same.
- What we've seen with other companies in this space is that their financial model, their business model
Bills:
HB767, HB 1242, HB1373, HB1404, HB1708, HB1936, HB2041, HB2198, HB2270, HB2315, HB2415, HB2427, HB2455, HB2457, HB2522, HB2523, HB2686, HB2763, HB2775, HB2944, HB3034, HB1683, HB1695
Keywords:
highway designation, memorial, Montgomery County, Paul P. Mendes, transportation, HB 1242, Texas Transportation Code, U.S. Highway 281, Brooks County, Ernesto Soliz Cantu, memorial highway, road naming, TxDOT, road signage, commemorative resolution, memorial markers, county road 304, Huppergate Road, Los Robles Trail, Farm-to-Market Road
CA
California 2025-2026 Regular Session
Assembly Floor Session Mar 20th, 2025
California House Floor Meeting
Transcript Highlights:
- They need role models. The earlier in life we start, the more young women will seek these careers.
- And we talked about the Norwegian model. And I said, well, the governor likes the Norwegian model.
- So I'm a little suspicious about this so-called Norwegian model.
- But apparently, there's some really good elements to the Norwegian model, which includes $8.8.
- , because I think the Norwegian model actually has a lot to offer for California.
Summary:
The Assembly met on March 6, 2025, established a quorum, and opened with prayer, the Pledge of Allegiance, and routine procedural motions, including unanimous consent requests and a re-referral of AB 506. The chamber then moved through a series of guest introductions and second-reading items before taking up several resolutions recognizing awareness days and cultural observances.
Members adopted ACR 41 on Down Syndrome Awareness Week/Day and HR 24 on Developmental Disabilities Awareness Month after extensive bipartisan remarks focused on family experiences, inclusion, bullying, funding for services, and support for people with disabilities. The Assembly also adopted ACR 48 recognizing Women in STEM Day, ACR 49 recognizing California STEM Robotics Day, HR 18 celebrating Nauruze, and ACR 2 marking the International Day for the Elimination of Racial Discrimination. Each resolution drew co-authors and supportive comments from members across the aisle.
The body then debated and passed AB 248, which would remove the state wage cap on county jail inmate labor and allow counties more discretion; supporters framed it as local control and rehabilitation, while opponents argued it would raise costs and conflict with voter sentiment. The Assembly also passed AB 100, a budget-process measure moving a large package of bills to the Senate, and used a substituted roll call for the remaining related bills. Consent calendar items were approved, and the chamber concluded with multiple adjournments in memory, including tributes to Eric Lopez, Johnny D. Giles, and Roger Diamond, before adjourning until March 24, 2025.
FL
Florida 2025 Regular Session
Education Pre-K - 12 Feb 4th, 2025
Transcript Highlights:
- We are always looking at a continuous improvement model and how we do that.
- districts in the model to do that are the consortium's because we can find a way to help me.
- And all rich should sharing model to control those costs. And all too, which crazy.
- If we would have we, we couldn't of the standard economic model.
- And they don't even have the software for us to do that because the forecast model doesn't take into
FL
Florida 2026 Regular Session
Appropriations Committee on Health and Human Services Jan 15th, 2025
Appropriations Committee on Health and Human Services
Transcript Highlights:
- It is not offered by our managed care plans and is an alternative model, an alternative program that
- working in collaboration with the PACE organizations to right-size it, understanding that the PACE model
- I've got just a couple to piggyback on Senator Harrell's question on slide 18, showing the funding model
- I've got just a couple to piggyback on Senator Harrell's question on slide 18, showing the funding model
- The solicitation really focuses on a teaming model approach for the dental program and shows our desire
Summary:
The Appropriations Committee on Health and Human Services heard a base budget overview for the 2025-26 fiscal year, which was presented as a $46.8 billion starting point for the silo. Staff explained that HHS accounts for about half of the state base budget and roughly 36% of general revenue, with AHCA and Medicaid making up the largest share. The committee then reviewed the PACE program for the elderly, including its eligibility, service model, growth in applications, slot funding and reversions, and the agency’s plan to move from the federal three-way agreement to a more detailed two-party contract to improve accountability, transparency, and reporting. Members raised concerns about unfilled slots, reversions, rural access, and the need for clearer return-on-investment data; the agency said it would follow up on some of those questions.
The committee also heard from the Agency for Persons with Disabilities on its statewide dental program. APD described its history of appropriations, the failed January 2024 solicitation, and a new up-to-$11.5 million solicitation focused on preventive care, community partnerships, teledentistry, and coordination with other services. Members questioned overlap with Medicaid dental coverage, the effect of Medicaid unwinding on APD clients, and whether state dollars were duplicating federally supported services; APD said it tries to act as payer of last resort and that services would continue during procurement. Public testimony from an APD stakeholder and the Florida Dental Association emphasized Medicaid eligibility problems for waiver recipients, low reimbursement rates, limited access to anesthesia and hospital-based dental care, and concerns that proposed Medicaid changes could reduce access for special-needs patients.
The Department of Veterans’ Affairs then presented on state veterans service officers and benefits assistance. FDVA highlighted its role in helping veterans access federal benefits, reporting about $27.9 billion in federal dollars flowing into Florida and a high return on state investment. The department said it has increased outreach, claims processing, and services, and has trained staff to identify mental health concerns through its Overwatch program. In response to questions, FDVA discussed plans to expand adult day health care at a new veterans nursing home and possibly at existing locations with additional state funding. At the end of the meeting, the committee completed its presentations and adjourned without objection.
NH
New Hampshire 2026 Regular Session
House Fish and Game and Marine Resources (01/28/2026)
Fish and Game and Marine Resources
Transcript Highlights:
- foundation of this North American model. foundation of this North American model.
- So now in the state we're doing a model that we're all utilizing, which is great.
- So now in the state we're doing a model that we're all utilizing, which is great.
- <03:56:08.640>
working relies upon to keep this model working relies upon to keep this model - American uh, conservation model and how American uh, conservation model and how our<04:08:17.120>
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-07 - 11:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- <01:25:47.360>
policy a model policy a model policy on<01:25:49.199>the <01:25:49.360 - Um the model policy that stakeholders.
- of actions taken according to the model policy.
- an update on efforts to produce the model policy on or before March 15th of next year.
- <01:29:45.120>
policy the AOE going back to the model policy the AOE going back to the model
MN
Transcript Highlights:
- It is a statewide public access model. Our annual report highlights strong student outcomes.
- a statewide public access model. a statewide public access model.
- So based on the modeling that we did internally, it was actually somewhat difficult.
- Um we modeled some different analysis.
- So based on the modeling that we did internally, it was actually somewhat difficult.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (05/13/2026)
Transcript Highlights:
- We turned the model on its head. We turned the model on its head.
- <00:45:43.280>
of <00:45:43.480>your the governance model of your the governance model - So, why is that model important?
- Our model protects banks. tested today. Our model protects banks.
- corresponding bank-like model. Okay. corresponding bank-like model. Okay.
Summary:
The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients.
JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets.
The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.
HI
Hawaii 2026 Regular Session
EDN Public Hearing - Tue Apr 7, 2026 @ 2:00 PM HST
Transcript Highlights:
- I'm happy to work with the department and help them prepare a more comprehensive training model.
- I'm happy to work with the department and help them prepare a more comprehensive training model.
- I'm happy to work with the department and help them prepare a more comprehensive training model.
- I'm happy to work with the department and help them prepare a more comprehensive training model.
- a more comprehensive training model. a more comprehensive training model.
Summary:
The Committee on Education heard three tandem resolution packages. HCR 13 and HR 15 sought collaboration among the Department of Education, the State Public Charter School Commission, and DLNR to develop a student coral stewardship program. DOE said it was willing to work with DLNR, and DLNR supported the measure but said it did not want to be the lead agency for reporting or curriculum development because of existing reporting burdens and because it was already active in school outreach. Testimony in support was received, and the committee later amended the measure to restore DLNR as the lead for the report while keeping DOE and the Charter School Commission as collaborators. The committee then voted to pass HCR 13 HD1 and HR 15 HD1 with amendments.
HCR 91 and HR 83 proposed a long-term collaborative program between DLNR and DOE to expand and sustain tree canopy coverage at public schools statewide. DLNR strongly supported the measure, DOE offered comments, and the Boys and Girls Public Health Institute testified in support, citing research on heat reduction, student health, and academic impacts of shade trees. Additional supportive testimony came from the Kaululu Nani Urban and Community Forestry Program Advisory Council and others. The committee voted to pass HCR 91 and HR 83 unamended.
HCR 183 and HR 183 addressed guidance and protections related to immigration enforcement in schools. DOE said it supported the resolution but noted it already had guidance in place; the Hawaii State Commission on the Status of Women, the Boys and Girls Public Health Institute, Roots for Warren Maui, ACLU, 50501 Hawaii, General Strike Hawaii, and others testified in support, emphasizing student safety, attendance, and the effects of enforcement-related fear. A committee member asked about a reported Konawaena Elementary incident, and DOE clarified that the student was not deported and the event occurred off campus, with some newspaper details said to be inaccurate. After discussion, the committee deferred HCR 183 for further work with DOE and the Board of Education on definitions, enforcement, and guidance.
NM
New Mexico 2026 Regular Session
Senate - Health and Public Affairs Feb 17th, 2026 at 10:37 am
Senate Health & Public Affairs
Transcript Highlights:
- For foster parents that participate in the Foster Care Plus program, the model that this legislation
- There is specialized evidence-based training through Presley Ridge that is part of a national model That
- Yes, this model is drawn from a program in Oklahoma.
- It's a similar model in Louisiana as well.
- contract with appropriate clinical experts. with demonstrated expertise in evidence-based treatment models
NH
Transcript Highlights:
- Lord, we pray that this chamber would be a model to our nation, a place where healthy debate is welcomed
- ><00:13:10.320>
a we pray that this chamber would be a we pray that this chamber would be a model - 11.200>
nation, <00:13:11.519>a <00:13:11.760>place <00:13:12.000>where model - to our nation, a place where model to our nation, a place where healthy<00:13:12.959>
debate < - him a role model for his peers. him a role model for his peers. and<00:15:33.839>
where <00
TX
Transcript Highlights:
- He's been such an incredible role model for all of us in the legislature.
- You've been a great role model. You're an engineer, and you think like an engineer.
- You're a great role model and have taught me a lot, and I appreciate that. Thank you very much.
- I've learned more from you than you know; you've been an excellent role model. I want to...
- But if we think about the model of someone... ...one who has worked hard.
Bills:
SB 8, SB 1, SB 2, SB 5, SB 10, HB27, HB7, HB17, HB1, SB 9, SB 7, SB 17, SB 4, HB20, HB18, HB7, HB17, HB1, HB20, HB18, SB9, SB7, SB17, SB4, SB1, SR85, SR87, SB8, SB5, SB2, SB10, HB27
Keywords:
sex designation, restroom access, civil penalties, private civil right of action, women's privacy, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, disaster relief, flood preparedness, emergency funding, local government support, meteorological forecasting, abortion, healthcare, jurisdiction, civil action, qui tam
KY
Kentucky 2025 Regular Session
Senate Standing Committee on Banking & Insurance (3-11-25)
Transcript Highlights:
- It is the NAIC model that we're dealing with, so there's no switches, changes, or anything else.
- Uh, secondly, this model has been passed in 28 states that we're dealing with. anyway uh turned over
- vetted it is that we had this language vetted it is the<00:05:07.560>
NAIC <00:05:08.440>model - ><00:05:17.360>
uh <00:05:17.560>secondly <00:05:18.080>this <00:05:18.280>model - <00:05:18.639>
has aware of it uh secondly this model has aware of it uh secondly this model
Keywords:
Meeting Start: 00:00
Roll Call: 00:30
HB421 Discussion: 01:28
HB421 Vote: 02:19
HB184 Discussion: 03:20
HB184 Vote: 05:44
HB210 Discussion: 07:28
HB210 Vote: 08:14
HB415 Discussion: 09:05
HB415 Vote: 09:43
HB701 Discussion: 11:16
HB701 Vote: 13:42, 958, all
Summary:
The committee met with a quorum and moved quickly through several House bills related to health insurance, insurance regulation, dental benefits, and digital assets. Members repeatedly noted the need to keep testimony brief because of overlapping committee schedules and the late-session pace. The chair also reminded House members to coordinate floor sponsors since consent calendars were not being used this year.
House Bill 421, presented by Rep. Amy Neighbors with support from Dr. Russell Williams, would require full coverage of FDA-approved bowel preps with no out-of-pocket cost and no prior authorization barriers. House Bill 814, presented by Rep. Mike Klein and explained by Sen. Girdler, would extend the insurance regulatory sandbox through December 2030; supporters said the committee substitute was a vetted NAIC model already adopted in 28 states. House Bill 210, presented by Rep. Pollock with Dr. Steve Robertson of the Kentucky Dental Association, would clarify assignment-of-benefit provisions so dentists are paid directly and with more transparency. House Bill 415, also by Rep. Pollock, would clarify that health insurance coverage mandates apply only to primary major medical policies.
House Bill 701, presented by Rep. Adam Bowling with Ash Gun of Coinbase, would establish clearer rules for blockchain and digital assets, affirm Kentuckians’ right to hold and transact digital assets, align money transmission licensing with digital assets, and specify that certain crypto activities are not securities. Members discussed the bill in general terms, including a light exchange about crypto market volatility, but no substantive opposition was raised. Each bill received a favorable expression by roll call, and the committee adopted the committee substitute and title amendment on HB 814. The meeting ended with a motion to adjourn, and the chair said another meeting later in the week was possible.
AR
Arkansas 2026 Regular Session
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE Jun 15th, 2026
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE
Transcript Highlights:
- You know, again, it's more like a franchise model.
- I think there was a question around a franchise model in the list of questions.
- Well, and I think that's part of this model, right?
- Under our model, we think we're going to increase that by $6, $7 million annually.
- Since you all already have your paradigm of how you're trying to form your new model and those people
MN
Minnesota 2025 1st Special Session
House committee hears bill to ban pet store sales of cats and dogs, HF2627 4/1/25
Transcript Highlights:
- that went from, uh, selling dogs from puppy mills and switched over to selling a humane pet store model
- .that went from, uh, selling dogs from puppy mills and switched over to selling a humane pet store model
- and to single that business model out.
- there's clearly some things here that do have bipartisan support. grew about 70% by adopting that model
- model and to single that business model model and to single that business model out. out. out.
MN
Minnesota 2025 1st Special Session
Committee on Housing and Homelessness Prevention - 03/27/25
Housing and Homelessness Prevention
Transcript Highlights:
- Community land trusts are a proven model for sustainable affordable home ownership.
- The land trust model lowers the barrier to home ownership.
- When the state invests in the community land trust model, they are using taxpayer dollars wisely, helping
- In 1994, they added a YouthBuild model to the school.
- 25.920>
entire <00:58:26.319>nonprofit model cities and the entire nonprofit model cities
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/13/2025)
Transcript Highlights:
- which I'll talk about a bit today, but we do lack the capacity to perform more complex economic predictions
- complex the capacity to perform more complex economic<00:30:43.039>
predi <00:30:43.480>predictions - <00:30:44.399>
but <00:30:44.519>you <00:30:44.799>have economic predi predictions - but you have economic predi predictions but you have two<00:30:45.480>
full <00:30:45.799> - But again, eventually they will come to a normal pace, and the prediction is going to be about 3% in
Summary:
The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund.
The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance.
Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected.
Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 10:00 am
Joint Committee on Revenue
Transcript Highlights:
- Other farms may not have that same model. Okay, and what's the impact of this on the ecosystems?
- The bill can also make a difference across the U.S. by setting a model that other states can follow,
- And it sets a model that other states can follow.
- The bill can also make a difference across the U.S. by setting a model that other states can follow,
- And it sets a model that other states can follow.
Summary:
The committee heard testimony on H. 3256, a bill stemming from the Massachusetts Cranberry Revitalization Task Force that would remove Chapter 61A barriers for certain renewable energy projects on non-producing agricultural land. Supporters said the bill would let farmers separate adjacent land from Chapter 61A without a municipal right of first refusal, avoid rollback and advance tax penalties, and use small solar or other renewable projects to generate supplemental income while keeping the farm in operation. Testimony emphasized that the proposal is intended to be “farm-first,” limited to marginal or accessory land, and could also produce local tax revenue for municipalities. Some members raised concerns about whether the bill should be limited to solar, the appropriate project size, impacts on other agricultural sectors, and whether future sales or conversion back to other uses should trigger local rights of first refusal. Witnesses said the bill had been reported favorably in a prior session and noted that similar projects typically involve 20-year leases with extensions.
The committee also took testimony on S. 2009, which would authorize regional transportation ballot initiatives. MAPC and Transportation for Mass argued that the bill would give municipalities and groups of municipalities a flexible tool to raise local revenue for transportation projects such as transit, roads, bridges, bikeways, and pedestrian infrastructure, with sunset provisions so the revenue ends when the project ends. They said the measure would not raise taxes on its own, but would allow local voters to decide whether to adopt a revenue source, and pointed to examples from other states where similar initiatives funded major transit and infrastructure projects. No votes were taken during the hearing.
Testimony was also heard on S. 1922, which would create a Massachusetts fund allowing voluntary taxpayer donations to the UN Least Developed Countries Fund or related 501(c)(3) nonprofits supporting climate-vulnerable communities. Climate Reality Project representatives said the bill would let Massachusetts residents support climate resilience projects in the world’s poorest countries at no cost to the Commonwealth, and could serve as a model for other states. Senators questioned how recipient countries and nonprofits would be selected, what safeguards would exist regarding countries such as Yemen, and how taxpayers would know where donations would go; witnesses said the fund would be administered through the UN system and that they would provide more clarification. Rep. Michelle Ciccolo also testified on H. 3051, seeking a one-year deferral of the higher interest rate that applies when deferred property taxes become due after the death of a senior or veteran, saying the current jump to 16% can burden heirs and discourage use of the deferral program. The hearing concluded without any votes or committee actions.
KY
Kentucky 2026 Regular Session
House Standing Committee on Economic Development & Workforce Investment (2-12-26)
Economic Development & Workforce Investment
Transcript Highlights:
- And this name change just reflects a shift to an entrepreneur-driven hub model that supports startups
- I'll turn over to him for a few comments. commercialization center model into the commercialization center
- model into the Kentucky<00:03:59.120>
Entrepreneurship <00:03:59.920>and <00:04:00.080> - that<00:04:07.599>
supports <00:04:07.920>startups <00:04:08.400>across hub model - that supports startups across hub model that supports startups across Kentucky.<00:04:09.920>
Second
Keywords:
Meeting Start: 00:00
Roll call: 01:22
HB 577 discussion: 03:04
HB 577 vote: 05:26
HB 392 discussion: 06:55
HB 392 vote: 09:54
HCR 16 discussion: 11:00
HCR 16 vote: 14:07, 958, all
Summary:
The House Standing Committee on Economic Development and Workforce Investment met for its first meeting, reviewed housekeeping procedures, and established a quorum. The committee first considered House Bill 577, relating to economic development. The bill sponsor and a representative from Blue North said it would modernize Kentucky’s economic development statutes to better support startups and high-growth companies, rename the innovation center program as the Kentucky Entrepreneurship and Innovation Hub program, clarify statutory definitions, expand the Kentucky Enterprise Fund, allow certain out-of-state companies to qualify if they commit to becoming Kentucky-based within 180 days, and broaden the angel investment program to include pass-through entities. The committee approved HB 577 with a favorable expression.
The committee then took up House Bill 392, relating to local public agency transactions, and adopted a committee substitute negotiated with stakeholders including the Kentucky Press Association and the Kentucky Association of General Contractors. The sponsor said the substitute removed the original bill’s best value and reciprocal bidder provisions, lowered the small purchase threshold from $60,000 to $50,000, and would increase that threshold by $10,000 every five years to account for inflation. It would also allow local governments to use certain state contracts with price ranges, permit independent evaluation of some small non-evaluative equipment, and exempt law enforcement vehicles and related equipment from procurement code requirements. HB 392, as amended by committee substitute, passed with a favorable expression.
House Concurrent Resolution 16 was then heard. The sponsor, who had co-chaired the Air Mobility and Aviation Economic Development Task Force, said the task force held six meetings and heard from airports, aviation and education stakeholders, logistics companies, and others. She said the group found there was no real strategic plan for advanced air mobility and recommended that state agencies study infrastructure needs and that the General Assembly develop a strategic plan and legislation for AAM vehicles. Members discussed airport and drone-related issues, and the resolution passed with a favorable expression. Finally, House Bill 593, relating to data centers, was announced but passed over for a later hearing, and the committee adjourned.