Video & Transcript : 'Direct PLUS loan' :
Page 21 of 500
FL
Transcript Highlights:
- A loan application portal is currently in development; I don't know.
- A loan application portal is currently in development and aims to be open to accept loans in the next
- They have put together, what I heard was they put together criteria for these loans.
- So you can add the 27 that we have plus the one that's going to happen, right?
- That's going to be 28 plus 22. That'll make 50. And only 20 are active.
Committee:
Senate Health Policy
Summary:
The Senate Health Policy Committee received updates from the Agency for Health Care Administration and the Department of Health on implementation of 2024 health care laws. AHCA reviewed progress on workforce and reimbursement measures in Senate Bill 7016 and related bills, including FRAME and TEACH funding, graduate medical education reporting, behavioral health teaching hospitals, acute hospital care at home, advanced birth centers, non-emergent care access plans, and rural emergency hospitals. Agency officials said several programs are already operational or have begun payments, while others are still in rulemaking, federal approval, or report-preparation stages. Senators asked about timing, funding reversion concerns, and whether appropriated dollars would be spent on schedule, especially for behavioral health teaching hospitals and the new birth center category.
The Department of Health then reported on practitioner licensure and public health programs. MQA described implementation of the Interstate Medical Licensure Compact, the Mobile Act licensure pathway, massage therapy enforcement changes, background screening expansion, liposuction safety requirements, pharmacist HIV post-exposure prophylaxis authority, and chiropractic dry needling. Public health staff updated the committee on FRAME and dental loan repayment, the Sinati screening grant program, the cancer research and innovation changes, the health care innovation council and loan program, the pediatric rare disease grant program, telehealth maternity care expansion, newborn screening for congenital CMV, the sickle cell registry and grants, and the swimming lesson voucher program. Members focused questions on how practitioners were being recruited to underserved areas, the pace of licensure approvals, and whether new programs were on track to use appropriated funds.
The committee also heard a lengthy update from the Office of Medical Marijuana Use. The director reported more than 900,000 qualified patients, real-time seed-to-sale tracking now integrated across most dispensaries and labs, and ongoing compliance work on product testing, advertising, diversion, and patient safety. Senators questioned the decline in qualified physicians, how THC potency is labeled and verified, and what the agency can do about diversion to non-patients. The director said the office relies on complaints, inspections, lab audits, and coordination with law enforcement, and that patients can be suspended if violations are confirmed.
WA
Washington 2025-2026 Regular Session
House Consumer Protection & Business Jan 13th, 2026 at 01:30 pm
Consumer Protection & Business
Transcript Highlights:
- I mean, sometimes they do turn into loans. It depends.
- a BNPL loan and then you buy something on Wednesday, the loans are on different schedules—and it can
- , average loan $135.
- So they do have loans with interest, installment loans, who they're beginning to move into other product
- So they're probably going to be using, they're more likely to be using BNPL plus overdraft or plus P2P
Committee:
House Consumer Protection & Business
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 1 on Education Mar 5th, 2026
Transcript Highlights:
- I know that HR1 eliminated the Grad PLUS program, which is, I know, a program that many students that
- And back to what I mentioned regarding the Grad Plus program. I don't know...
- And back to what I mentioned regarding the Grad Plus program, I'd love to hear you talk a little bit
- The direct admissions program was launched...
- rather than carry the loan forward.
CA
California 2025-2026 Regular Session
Senate Banking and Financial Institutions Committee Mar 18th, 2026
Transcript Highlights:
- But over the past two decades, we have seen incredible growth in large commercial loan financing that
- firms, investment funds and business development companies have originated more than $1 trillion of loans
- Now, unlike other states, ...trillion of loans to these companies in recent years.
- This has led to very significant delays, up to as much as 18 months, and as a direct... ...This has led
- to very significant delays, up to as much as 18 months, and as a direct result, in many cases, loans
Summary:
The Senate Committee on Banking and Financial Institutions met with an initial lack of quorum, so the hearing began as a subcommittee. The main item heard was SB 972, authored by Senator Grayson, which would modernize California’s licensing rules for non-bank commercial lenders by creating a streamlined umbrella license for SEC-registered investment advisers and their advised lending vehicles. The author and sponsor, LSTA, said the current California Financing Law can cause duplicative licensing, long delays, and reduced access to capital for middle-market and large California businesses, while the bill would preserve DFPI oversight and increase fee revenue.
No one testified in opposition, and no registered opposition appeared. After quorum was established, the committee took up the bill and advanced it on a 4-0 vote, with the roll held open for absent members. The committee also later took up the consent calendar, which was adopted on a 6-0 vote after the meeting reconvened.
When the committee reconvened with a quorum, it formally adopted the consent calendar and then approved SB 972 on a 6-0 vote with a do pass recommendation to the Senate Judiciary Committee. The meeting then adjourned.
WA
Washington 2025-2026 Regular Session
Senate Ways & Means Feb 2nd, 2026
Transcript Highlights:
- loans and to make loans for down payment assistance to homebuyers.
- It removes a requirement that loans and mortgage loans issued by the commission must go through a mortgage
- lender and allows direct lending to borrowers.
- In the bill before you, a revolving loan fund is created in the Department of Commerce to provide loans
- This bill directs...
Summary:
The committee held a public hearing on a series of housing, education, workforce, and court-related bills. On Substitute Senate Bill 5884, staff described changes to a sales and use tax deferral for redeveloping vacant or underused land into affordable housing, including broader eligible property definitions and lower affordability thresholds in designated areas. Testimony was mixed: builders opposed language they feared could encourage project labor agreements, while Spokane and Kent representatives supported the bill but asked for flexibility on affordability mix requirements. On Senate Bill 6256, which expands a property tax exemption for nonprofit low-income rental housing to include certain co-located community uses during construction and extends the pre-construction exemption period, testimony was strongly supportive from housing nonprofits and local housing partners, with questions focused on clawback provisions.
The committee also heard Substitute Senate Bill 6027, which expands allowable uses of local housing and supportive housing sales tax revenue, adjusts a REET exemption timeline, broadens emergency housing definitions, and changes use of the Affordable Housing for All account. County, housing, and nonprofit witnesses said the bill would help preserve housing and services amid federal funding uncertainty, though Snohomish County asked for an amendment to allow rental assistance. Substitute Senate Bill 6018 would revise the Housing Finance Commission’s authority, including direct lending and bond counsel terms; commission staff said it would modernize outdated restrictions and improve financing flexibility. Substitute Senate Bill 6028 would create a revolving loan fund for mixed-income homeownership projects; supporters said it would help smaller infill projects pencil, while staff noted the loans would be subordinate and carry some risk.
Later, the committee heard Senate Bill 6275 on the community reinvestment program, which would require periodic plan updates, reporting, and a WSIPP study, while also expressing legislative intent to continue at least $100 million annually in the account. Advocates, workforce groups, legal aid providers, and small business owners testified that the program supports communities harmed by past disinvestment and should be made permanent and more accountable. Substitute Senate Bill 5961 would move the Imagination Library program from DCYF to OSPI; early literacy advocates and local partners supported the transfer as better aligned with school readiness. Substitute Senate Bill 5969 would integrate IEP transition plans with high school and beyond plans, and a prior critic said amendments addressed her concerns. Second Substitute Senate Bill 5292 would shift PFML premium rate-setting to the annual actuarial report and raise the reserve target; labor and industry witnesses supported the change, while a policy group opposed the program’s costs.
The committee also heard Senate Bill 5868 to add one superior court judge each in Skagit and Yakima counties. Judges and county officials testified that caseloads, population growth, and backlogs justify the additions, and county leaders said they had already budgeted for their share. Finally, Substitute Senate Bill 5827 would allow service members to use pre-discharge certification to claim veterans’ civil service preference; the sponsor said it would solve a timing problem for transitioning service members. No votes or final committee actions were taken in the transcript, as the meeting consisted of bill briefings and public testimony.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Health Service (2-18-26)
Transcript Highlights:
- Now, there's 20 plus states does that.
- if you start a loan repayment program, you have to have money to continue to do loan repayment after
- if you start a loan repayment program, you have to have money to continue to do loan repayment after
- ,</c><00:13:55.279><c> you</c> you start a loan repayment program, you you start a loan repayment program
- </c> but so far they have not been directed but so far they have not been directed for<00:45:40.319><
Summary:
The Health Services Committee heard a presentation from Dr. Steven Stack, Secretary of the Cabinet for Health and Family Services, on Kentucky’s Rural Health Transformation Program. He said Kentucky received about $213 million in federal funding, among the highest awards nationally, after a fast application and negotiation process. He emphasized that the grant is time-limited, must be used for the specific goals in the state’s application, and cannot be treated as a general bailout or replacement for existing funding. He also noted the state will use a website, ruralhealthplan.ky.gov, to share the full application, award terms, and future opportunities.
Dr. Stack outlined five focus areas: maternal health and prenatal/early childhood supports; EMS and trauma response workforce and transfer capacity; behavioral health crisis care through the EMPATH model and mobile crisis services; oral health access through more hygienists, telehealth, and hub-and-spoke models; and rural community hubs for chronic disease prevention and innovation, including food-as-medicine and healthier lifestyle interventions. He stressed that the program is meant to be transformative, not duplicative, and that it cannot pay clinician salaries, fund new construction, replace EMR systems broadly, or duplicate billable services. He said the state will work with community partners, hospitals, universities, and others, including the Foundation for a Healthy Kentucky, to begin implementation.
Members responded positively overall. Senator Berg praised the award and the goal of integrating care across the state, but raised concerns about access to prenatal care and about possible future changes to water fluoridation, warning both could harm children and rural families. The chair and other members thanked Dr. Stack for the update and congratulated him on the award. No votes or formal committee actions were taken during this portion of the meeting.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Forty Five - Wednesday, April 1 - Morning Session
Missouri House Floor Meeting
Transcript Highlights:
- Are you familiar with a loan like that?" "Yeah, absolutely."
- It's just like a construction loan for your house.
- Are you familiar with a loan like that? Yeah, absolutely.
- It's just like a construction loan for your house.
- Are you familiar with a construction loan on a house?
Summary:
The House first approved the previous day’s journal by roll call vote, 112-2, and then spent time on numerous guest introductions and recognitions. Guests included former Rep. Bill E. Kidd, students and school officials from several districts, pharmacy students, community and labor representatives, Alliance for Life members, Link community partners, and the student who led the Pledge of Allegiance. A personal privilege announcement also recognized a legislator’s son’s birthday.
The main floor debate centered on House Committee Substitute for House Bills 21, 22, and 1626, the Missouri Nuclear Clean Power Act. Supporters argued the bill would remove a roadblock to small modular nuclear reactors by allowing construction work in progress (CWIP), lower long-term electricity costs, attract industry, and help Missouri meet future baseload demand, especially for data centers and other large users. Opponents said the measure would shift risk and cost overruns to ratepayers, cited past nuclear cost overruns and safety concerns, and argued Missouri voters had previously rejected such financing. After extended debate and several inquiries, the House adopted the committee substitute and ordered the bills perfected and printed.
The chamber then perfected and printed House Bill 1881, which would make xylazine a Schedule III controlled substance. The sponsor and supporters said the drug is a dangerous animal tranquilizer increasingly used in illicit fentanyl mixtures, while the bill preserves legitimate veterinary and agricultural uses. Members from both rural and urban districts supported the measure, and the House adopted an amendment clarifying penalties for knowingly starving an animal and false reporting in animal abuse cases.
Finally, the House took up House Bill 2292, which would encourage cross-reporting among agencies handling child, elder, and companion animal abuse. The sponsor said abuse in one area often correlates with abuse in the others and that the bill would use existing agencies rather than create a new department. An amendment was also offered to strengthen elder-abuse investigations by allowing post-certified investigators in the Department of Health and Senior Services to assist law enforcement and obtain records. The discussion emphasized protecting vulnerable Missourians and improving coordination among investigators and local police.
CA
California 2025-2026 Regular Session
Assembly Education Committee Apr 30th, 2025
Transcript Highlights:
- fund loan to an I-Bank loan, consistent with statute.
- loan.
- Loans aren't free.
- loan.
- We added to the loan to get another smaller loan. It wasn't that... ...to get another smaller loan.
Summary:
The Assembly Education Committee heard AB 84, a charter school accountability measure focused on non-classroom-based charter schools and fraud prevention. The author and supporters said the bill was intended to respond to the A3 charter fraud case and related scandals by strengthening audits, transparency, authorizer oversight, and funding determination rules, while ensuring public education dollars are used for public education. Supporters included FCMAT, CSEA, CTA, and CSBA, who argued the bill would improve oversight and protect taxpayers. Opponents, including the California Charter Schools Association, Green Dot, many charter parents, educators, and charter operators, said the bill was too broad, would impose major new costs and bureaucracy on all charter schools, and could reduce options for families, especially those using flexible, homeschool, or special-needs charter programs. After extensive testimony and committee discussion, the bill passed on a 5-1 vote and was sent to Appropriations, with the item left open for additional votes.
The committee then approved a consent calendar of 11 education bills, including AB 542, AB 563, AB 731, AB 753, AB 784, AB 964, AB 988, AB 1034, AB 1233, AB 1255, and AB 1381, all moving to Appropriations. The consent calendar passed unanimously.
Later, the committee heard AB 1454, a literacy and reading instruction bill authored by Assembly Members Rubio and Revis. The bill would require the state to create professional development resources for evidence-based literacy instruction, update English language arts and English language development instructional materials, and revise administrator preparation standards to include literacy training. The authors and a broad coalition of supporters, including CTA, EdVoice, Families in Schools, Decoding Dyslexia, school administrators, and parent advocates, described the measure as a compromise aimed at improving reading outcomes and addressing California’s literacy crisis. There was no opposition testimony at the hearing, and members voiced strong support for the bill and its collaborative approach.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Alternative Protein Innovation Oct 23rd, 2025
Transcript Highlights:
- Loans and loan guarantees that enable the crowding in of private financing and private lending from the
- Loans and loan guarantees for CAPEX and working capital through programs like CalCAP and IBank can unlock
- , loan guarantee, accelerated depreciation, tax credits for equipment.
- That loan guarantee— is that $5 million right now for small businesses?
- Great information and very direct direction to the legislature and administration on what we need to
Summary:
The Select Committee on Alternative Protein Innovation held its second informational hearing at UCLA, focusing on California’s alternative protein sector and the role of public institutions in expanding plant-based, fermentation, and cultivated protein options. Chair Ash Kalra opened by highlighting prior state investments in UC research centers, the importance of student engagement, and the hearing’s three panels: reducing the carbon footprint of institutional meals, addressing market challenges to scaling alternative proteins, and advancing future food research and workforce development. Assemblymember Isaac Bryan also briefly praised the committee’s work and its relevance to climate and health goals.
The first panel featured Friends of the Earth, UCLA Dining, and the Los Angeles County Department of Public Health. Megan Jones described California school food efforts, including technical assistance and microgrants that helped districts expand plant-based meals, reduce water and carbon footprints, and improve student satisfaction. Pete Angelese explained how UCLA Dining uses concept-driven venues, sustainable purchasing, and marketing nudges to increase plant-forward choices, while Dr. Michelle Wood outlined Los Angeles County’s 2024–2025 board motions to expand plant-based options in county food venues and programs, including joining the World Resources Institute’s Cool Food Pledge. Committee members asked about costs, procurement, and how student and consumer behavior can be influenced.
The second panel addressed market barriers to scaling alternative proteins. Zach Weston and Daniel Gertner emphasized that the sector faces a cost-and-scale trap, high capital needs, and financing gaps, and they recommended grants, tax credits, loan guarantees, procurement commitments, and workforce development. T.K. Pillen of Beyond Meat argued that the category has faced a recent downturn due to consumer skepticism, industry attacks on “fake meat,” and pricing pressures, and said the key to renewed growth is increasing demand through better taste, health, pricing, and messaging around “plant protein.” Panelists also discussed hidden subsidies and structural advantages for conventional animal agriculture, and committee members raised questions about iBank loan guarantees and supply chain challenges.
The final panel highlighted UCLA’s research and training efforts. Dr. Amy Roet described the Future Food Fellows program, which trains students across disciplines in science, communication, leadership, and community-building, and supports research on scalable, safe, and nutritious alternative proteins. Corinne Smith shared her cultivated meat research and student leadership in the Alternative Proteins Project at UCLA. Dr. Janet Tomiyama presented consumer psychology findings showing that disgust, gender norms, and terminology strongly affect acceptance, with “plant protein” and “complementary proteins” testing better than “fake meat.” The hearing concluded with support for continued public investment, clearer messaging, and expanded education and workforce pipelines to help California remain a leader in alternative protein innovation.
CA
California 2025-2026 Regular Session
Assembly Education Committee Jul 2nd, 2025
Transcript Highlights:
- Established in 1996, the charter school revolving loan fund provided low-interest loans up to $250,000
- The loan program does not encourage or discourage charter schools.
- The charter school revolving loan program is an existing line item in the budget.
- from the Charter School Revolving Loan Fund.
- So we've awarded eight loans.
Summary:
The Assembly Education Committee heard a series of bills focused largely on school safety, immigrant student protections, Holocaust and genocide education, civic engagement, and workforce pathways. SB 631 would expand the charter school revolving loan fund by increasing loan amounts and broadening eligibility, including for charter schools affected by natural disasters; it drew support from the Treasurer’s Office and the California Charter Schools Association and was advanced on a 4-0 vote, with the bill held on call. SB 472 would reinforce Holocaust, slavery, and genocide education requirements and create or expand teacher training and grants; it received strong support from survivors, educators, and Jewish organizations and passed 6-0, with several members asking to be added as coauthors.
The committee also took up a package of immigration-related school bills. SB 48 would bar school officials from allowing immigration enforcement access to campuses without a judicial warrant and protect student records; it was backed by Superintendent Tony Thurmond, teachers, school districts, and many advocacy groups, and passed 5-0 to the Judiciary Committee. SB 98 would require K-12 schools and higher education institutions to notify campus communities when immigration enforcement is present; it also drew broad support from student groups, colleges, and education organizations and passed 3-0 to Higher Education, with the bill held on call. Both measures were presented as responses to recent immigration enforcement activity near schools and the chilling effect on attendance and student well-being.
Other measures advanced included SB 848, which would strengthen protections against employee sexual misconduct in schools by updating safety plans, training, reporting, and misconduct tracking; it was supported by education groups and a survivor who described grooming at her high school, and passed 6-0 to Public Safety. SB 638 would create a statewide coordinating entity for education and workforce programs and support career pathways, with testimony emphasizing the need to align fragmented funding and improve access for underserved communities; it passed 7-0 to Higher Education. SB 316, on high school voter registration and pre-registration, passed 8-0 to Elections after testimony from students and civic engagement advocates, and SB 334, which would add sexual harassment prevention content and a Sexual Harassment Safety Week to school curriculum, was presented with support from student advocates and AAUW, with no opposition noted in the portion of the transcript provided.
HI
Transcript Highlights:
- products, the 184A, the 247, various direct loan project programs involving loans.
- products, the 184A, the 247, various direct loan project programs involving loans.
- products, the 184A, the 247, various direct loan project programs involving loans.
- products, the 184A, the 247, various direct loan project programs involving loans.
- products, the 184A, the 247, various direct loan project programs involving loans.
Summary:
The joint Ways and Means and Hawaiian Affairs committee heard a budget presentation from the Department of Hawaiian Home Lands on its biennium requests for critical projects, repairs and maintenance, and operations. DHHL described its role in administering the Hawaiian Home Lands Trust, noted the large beneficiary wait list, and said prior funding, including Act 279, has helped the department accelerate land development and reduce vacancies. Officials said they have about 47,219 applications involving 29,548 Native Hawaiians, roughly 28 projects underway, and that about $471 million of a $600 million appropriation has been encumbered, with the remaining lapse-fix funds expected to be resolved before the June 30, 2026 deadline.
DHHL emphasized that its current request would support additional lot development and could help produce roughly 6,000 units from the existing project pipeline, with another phase of requests potentially adding about 2,000 more units. The department said it is prioritizing shovel-ready projects, accelerating lease awards and orientations, and using a mix of approaches including paper leases, rental-with-option-to-purchase, owner-builder, and loan programs. Officials also discussed a shift toward denser urban development, citing projects in West Oahu and Honolulu, and said the department is working to reduce its vacancy rate and move beneficiaries onto the land more quickly.
Members questioned why Oahu, despite having the largest wait list, was receiving comparatively lower amounts, and DHHL responded that land availability and cost drive those decisions, with Oahu having limited developable land and very high acquisition costs. The department pointed to land acquisition on Kauai and other islands, and to urban high-rise projects that can yield far more units on small parcels. Members also raised long-term maintenance and wildfire risk, asking whether current acquisition and development choices account for future infrastructure costs; DHHL said maintenance is a growing concern, especially on large unused or isolated lands, and that it is pursuing Firewise planning, federal funds, and partnerships to reduce risk. The discussion also touched on mixed-use and community-led development, with DHHL explaining that it leases land to nonprofit homestead associations under general leases with milestones, business-plan requirements, and land-use restrictions to support local services and community goals.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Aug 12th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- Those were the loan terms— incredibly generous loan terms.
- loans in that 2.0.
- Essential Services, which is a direct working capital loan as a result of COVID, and that was funded
- What we did was make direct working capital loans up to $1 million for operational expenses, such as
- those loans.
MN
Minnesota 2025-2026 Regular Session
MN House debates bill requiring agencies to submit such reports to members electronically 5/4/26
Minnesota House Floor Meeting
Transcript Highlights:
- </c><00:03:05.520><c> correlation</c> And there is a direct correlation And there is a direct correlation
- We're talking about direct appropriations.
- We're talking about direct appropriations.
- </c> about direct appropriations. about direct appropriations.
- </c> And when you're getting a direct And when you're getting a direct appropriation appropriation appropriation
WA
Washington 2025-2026 Regular Session
House Consumer Protection & Business Jan 13th, 2026
Transcript Highlights:
- a BNPL loan and then you buy something on Wednesday, the loans are on different schedules, and it can
- totaling $45 billion, average loan $135.
- So they do have loans with interest, installment loans, and they’re beginning to move into other product
- So they do have loans with interest, installment loans, who they're beginning to move into other product
- So they're probably going to be using, they're more likely to be using BNPL plus overdraft or plus P2P
Summary:
The Consumer Protection and Business Committee held a work session on buy now, pay later (BNPL) transactions, focusing on how the products work, how they are used in Washington, and whether existing state law adequately protects consumers. Department of Financial Institutions staff described BNPL as short-term, usually no-interest installment financing offered at checkout, often with automatic payments, late fees, and varying credit-reporting practices. Members asked how BNPL compares with payday lending and earned wage access, whether it is effectively a loan or credit product, and whether Washington law already covers it. DFI explained that some BNPL structures may fall into a legal gray area under the Retail Installment Sales of Goods and Services Act because pay-in-four products may not meet the statute’s “more than four installments” language, while other structures may be covered; they also noted the Attorney General can enforce the act. DFI and committee members discussed consumer risks such as overextension, automatic debits, and lack of standardized disclosures, and DFI said it would follow up with additional data on defaults and related issues.
Molly Gallagher of the Poverty Action Network and Nadine Chabrier of the Center for Responsible Lending argued that BNPL can help consumers but also poses significant risks, especially for lower-income consumers and consumers of color who already carry debt or use other alternative financial products. They said BNPL use has grown rapidly, often involves multiple simultaneous loans across providers, and can lead to overdrafts, late fees, and difficulty tracking obligations because payments are spread across different schedules. They emphasized concerns about weak disclosures, limited dispute protections, automatic payment structures, credit reporting inconsistencies, consumer overextension, and data privacy/dark-pattern marketing. They also described federal retrenchment, including the CFPB’s withdrawal of an interpretive rule that would have treated BNPL like a digital credit card, and pointed to state responses in places like New York, California, and Maryland. Committee members signaled interest in possible Washington legislation and stronger state oversight.
Retail and business witnesses offered a more favorable view of BNPL as a cash-flow and sales tool. A Washington Retail Association representative described BNPL as an evolution of layaway and credit-card-style installment purchasing, noting that merchants receive payment up front minus fees while consumers get goods or services immediately and repay over time. A representative from a business using deferred-payment financing said the tool helps customers obtain equipment and helps the business manage inventory and cash flow, while NFIB said small businesses also use BNPL to bridge expenses and avoid higher-interest credit card debt. Members asked about merchant fees, consumer education, and whether BNPL is being used for impulse purchases or essential expenses like rent, car repairs, medical care, and travel. The chair concluded by saying the committee intends to pursue regulatory language and continue working with stakeholders, while also hearing from retailers to avoid eliminating legitimate financing tools.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 1 on Education Mar 5th, 2026
Transcript Highlights:
- I know that HR1 eliminated the Grad PLUS program, which is, I know, a program that many students that
- And back to what I mentioned regarding the Grad PLUS program. I don't know.
- And back to what I mentioned regarding the Grad PLUS program, I'd love to hear you talk a little bit
- The direct admissions program was launched recently.
- rather than carry the loan forward.
Summary:
The Senate Budget Subcommittee on Education held its first 2026 hearing on higher education, focusing on UC and CSU system updates, student housing, enrollment, and core operations. In opening remarks, the chair noted recent state fiscal stress, the prior rejection of proposed UC/CSU cuts, and the Governor’s proposed 5% ongoing compact increases. UC President James B. Milliken and CSU Chancellor Mildred Garcia described the systems’ public value, research and workforce roles, and the impact of federal actions on grants, financial aid, and campus operations. Both also emphasized Title IX and civil rights efforts; CSU said it had implemented nearly all state auditor recommendations and was on track to finish the remaining one, while UC highlighted its systemwide civil rights and Title IX offices. Both leaders said federal investigations, grant cancellations, and litigation demands were consuming staff time and money, with UC reporting more than 200 grants lost or affected and CSU citing more than $161 million in lost grants and more than 1,600 grants affected overall.
The committee then heard on student housing. Finance and LAO staff said the Governor’s budget made no major new housing proposal but continued support for the Higher Education Student Housing Grant Program. CSU reported 12 supported projects that will add about 5,047 beds, most below market rate, with four already open and seven more expected this year; it also said it has about 68,000 beds systemwide, a 92% occupancy rate, and ongoing emergency housing support. UC said the program has supported seven UC projects and two joint community college projects, adding more than 7,000 beds total, but nearly 10,000 UC students were on housing waitlists at the start of fall 2025. UC asked for additional state support, including possible bond funding and a statutory change to allow UC participation in public-private partnership housing projects. Members discussed rapid rehousing, student homelessness, faculty and staff housing, and community college housing partnerships, with both systems describing existing emergency beds and support services.
On enrollment, LAO recommended maintaining UC’s 2026-27 resident undergraduate target, funding enrollment growth separately from base increases, pausing the nonresident reduction plan, and holding UC flat in 2027-28. For CSU, LAO recommended revising the 2026-27 target downward to reflect current projections, funding growth separately, and holding 2027-28 flat. CSU said it had rebounded from COVID declines, now exceeds its funded target by about 3,000 FTE, and is shifting about $89 million and 10,000 FTE spots from lower-demand campuses to higher-demand ones while developing turnaround plans for seven campuses with sustained enrollment declines, including Sonoma State. CSU also described direct admissions, transfer success pathways, and new degree programs aimed at workforce needs. UC said it had surpassed its compact enrollment goals, planned to add 2,721 California undergraduates in 2026-27, and was seeking $5.5 million for health professional programs. Members raised concerns about underprepared freshmen, K-12 alignment, nonresident caps at UC San Diego, deferred maintenance, ROTC access, and the need for stronger turnaround plans and teacher preparation pipelines. The final item on core operations addressed the Governor’s proposal to defer 3% base funding again, moving the one-time deferral to 2027-28 and allowing short-term zero-interest loans to cover it.
NM
New Mexico 2025 Regular Session
IC - Indian Affairs Nov 14th, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- So there's the elimination of new Grad Plus loans and tighter borrowing caps for graduate students.
- The other thing is our loan repayment program.
- their loan is not paid off.
- Our treaty was signed by my direct ancestor in 1790.
- Refugia is also a direct descendant of our family.
MN
Minnesota 2025-2026 Regular Session
House higher education panel debates bill to restrict state aid for undocumented immigrants 2/11/25
Minnesota House Floor Meeting
Transcript Highlights:
- your testimony that already those that are here illegally cannot access any of the state grants or loan
- ><00:03:39.200><c> forgiveness</c><00:03:40.000><c> or</c><00:03:40.680><c> um</c> state grants or loan
- forgiveness or um state grants or loan forgiveness or um scholarship<00:03:42.159><c> money</c><00:03
- There were 137 students who were awarded North Star Promise Plus awards, totaling $63,800.
- There were 137 students awarded North Star Promise Plus awards, totaling $63,800.
WA
Washington 2025-2026 Regular Session
Senate Business, Trade & Economic Development Jan 29th, 2026
Transcript Highlights:
- Small loans are subject to limitations, including the principal amount of a loan or the total loan balance
- By the early 2000s, payday loan borrowers...
- loans.
- But these are short-term loans, correct?
- SB 6111 follows that direction.
Summary:
The committee heard public testimony on several bills. SB 5976 would revise the Washington Commercial Electronic Mail Act by narrowing liability for misleading email subject lines and changing damages and Consumer Protection Act claims. Business, retail, hospitality, and e-commerce witnesses supported the bill, saying recent litigation has created uncertainty and exposed routine marketing emails to excessive penalties. Consumer advocates and the Washington State Association for Justice opposed it, arguing the current law protects consumers from deceptive marketing and that the bill would weaken enforcement and class actions.
SB 6111 would require age verification and parental consent for minors creating social media accounts, restrict providers’ use of minors’ data, and authorize enforcement by the Attorney General and a limited private right of action. The sponsor and several parents, medical professionals, and advocacy groups supported the bill as a response to social media harms, including addiction, depression, cyberbullying, eating disorders, and exposure to harmful content. Technology and civil liberties witnesses opposed it, warning about privacy, data security, constitutional concerns, and the difficulty of implementing reliable parental consent and age verification.
The committee also heard SB 6250, which would raise the maximum small loan amount from $700 to $1,200 and index it to inflation. The sponsor and a lender representative said the change would update an outdated limit and preserve existing consumer protections. Opponents, including legal aid, poverty, housing, labor, AARP, and community advocates, argued the higher cap would increase debt burdens and fees for low-income borrowers and older adults. Staff also briefed SB 6257, which would allow illness-related tolling for trainee real estate appraiser licensing timelines, and SB 6289, which would direct Commerce to create a statewide economic development and competitiveness strategic plan; SB 6289 drew supportive testimony from Commerce, ports, economic development groups, and business interests. The committee also held confirmation hearings for several Gambling Commission and Lottery appointees, who described their backgrounds and service, but no votes or final actions were taken in the transcript.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Housing Construction Innovation Jan 14th, 2026
Transcript Highlights:
- Department of Energy's Loan Programs Office, a $3 million SGC grant to a developer could leverage $70
- Department of Energy's loan programs office, a $3 million SGC grant to a developer could leverage $70
- So we, under current construct of law, are directed to adopt the most recent additions of those model
- And then we can stay in the project in a subordinate position behind a Chase or other loan so that we
- This fund's fully allocated now with two loans closed and two near closing and will support over four
CA
California 2025-2026 Regular Session
Assembly Select Committee on Housing Construction Innovation Jan 14th, 2026
Transcript Highlights:
- Department of Energy's Loan Programs Office, a $3 million SGC grant to a developer could leverage $70
- Department of Energy's loan programs office, a $3 million SGC grant to a developer could leverage $70
- Department of Energy’s Loan Programs Office, a $3 million SGC grant to a developer could leverage $70
- So we, under current construct of law, are directed to adopt the most recent additions of those model
- It provides early-stage predevelopment through construction loans to incentivize developers to adopt
Summary:
The committee held its second hearing on housing construction innovation, focusing on factory-built and modular housing as a way to lower costs, speed delivery, and expand housing supply. The chair framed the effort as a search for practical innovation paired with land use, financing, and regulatory changes that could make housing more affordable for working families. Government witnesses from HCD, the Strategic Growth Council, and the tax credit and bond allocation agencies explained how factory-built housing is regulated, how California standards and third-party approvals work, and how state programs are trying to build regional demand and financing pipelines for modular production.
Testimony from investors and developers emphasized both the promise and the risks of modular construction. JP Morgan Chase and the Housing Accelerator Fund described projects that achieved meaningful time and cost savings, but said lenders still see elevated risk because of manufacturer solvency, upfront deposits, transportation and installation issues, and the need for standardized designs and experienced teams. They urged more standardization, more local factories, better alignment between financing timelines and construction schedules, and state support such as backstops, top-loss capital, and scoring preferences in tax credit and bond programs. Several speakers noted that recent federal changes to the 4% tax credit program increased production capacity, but warned that without continued state investment the pipeline could face a future funding cliff.
The workforce panel, including union contractors, factory supervisors, and labor representatives, said modular construction can support good jobs if it is paired with union labor, training, and fair standards. They described benefits for workers such as steadier schedules, less commuting, improved safety, and better work-life balance, while also stressing the need for wages, health coverage, retirement benefits, and apprenticeship opportunities. Union representatives supported a model that keeps both factory and on-site work unionized and said the industry could create more jobs overall if California builds more factories and develops a stable, long-term demand pipeline. No formal votes or actions were taken during the hearing.