Video & Transcript : 'aggregate bond limitation' :

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CA

California 2025-2026 Regular Session

Assembly Public Safety Committee Jun 30th, 2026

Transcript Highlights:
  • We have limited witness testimony for this hearing with four minutes total per side for both support
  • Again, your comment should be limited to your name.
  • Restitution is not limited to the value of the stolen copper.
  • And the harm from nitrous oxide is not limited to just the direct users.
  • not limit options for LRP placements before the court.
Summary: The committee heard several bills, though no final votes were taken because a quorum had not yet been established. SB 493 by Senator Becker would add war or armed conflict to California’s price-gouging emergency triggers, with the author and supporters arguing it would protect consumers from gas-price spikes tied to international conflict. Opponents, including business and housing groups, warned the bill could over-trigger emergency powers and create broad, ongoing price controls. The chair indicated support for an aye-as-amended recommendation once quorum was reached. SB 1056 by Senator Grayson would require protective orders for disclosure of sexually explicit material involving adult victims in specified criminal cases. Denise Huskins-Quinn and Aaron Quinn testified in support, describing how sensitive evidence in their case was copied and handled without adequate safeguards; supporters said the bill would extend privacy protections similar to those already used for child sexual abuse material. Criminal defense attorneys supported the goal but raised concerns about notice procedures and how the bill would apply when material is in the public domain. The chair said the bill filled a gap in existing law and would receive an aye recommendation. SB 1208 by Senator Grayson would let law enforcement seize and return crypto assets used in scams and fraud to victims. The Attorney General’s office and law enforcement groups supported the bill as a tool to recover losses from transnational crypto fraud, while the ACLU and public defenders argued it lowered the burden of proof, raised constitutional concerns, and could be misused against unbanked or low-level defendants. The chair nevertheless said the bill aligned with existing law for stolen property and would be recommended aye. SB 874 by Senator Weber-Pearson would strengthen oversight of Medi-Cal behavioral health treatment services, including requiring background checks for employees of providers and convening a stakeholder workgroup; it drew support from the California Association for Behavior Analysis and no opposition was heard. Later, SB 1266 by Senator Stern would change how the value of stolen copper and related infrastructure damage is calculated, aiming to address copper theft and its costs to cities and utilities. Supporters said the bill would better capture the real harm from thefts that disrupt streetlights, telecom, and emergency services, while opponents argued it would inflate charges, turn many misdemeanors into felonies, and increase court and incarceration costs. The author said he would continue discussions and accept the amendments. Senator Cervantes presented SB 1379, which would separate the Riverside County sheriff and coroner offices and create an independent medical examiner; supporters cited in-custody death concerns and conflicts of interest, while opponents said the problem was not unique to Riverside and that the bill would override local control. Cervantes also presented SB 1418 to extend ballot-custody protections to other election records and equipment after a Riverside County ballot seizure, with support from the Attorney General’s office. Finally, Senator Blakespear began presenting SB 936 on nitrous oxide misuse, describing public health, impaired-driving, and disposal concerns, but the transcript cuts off before the bill’s testimony concluded.
CA
Transcript Highlights:
  • We do expect that number to increase, although it may be limited given that the policy itself is limited
  • Currently, the California State Preschool Program is limited to two-, three-, and four-year-old children
  • Again, it does presume that districts have that bond funding that's available, but for those that do
  • Yeah, and what about those that don't, or that it wasn't written into their bond programs specifically
  • , so it would be a violation of that bond?
Summary: The joint hearing focused on California’s child care, preschool, and transitional kindergarten oversight, with chairs emphasizing the state’s Master Plan for Early Learning and Care and the need to break down silos between programs. CDSS and CDE reported progress toward the plan’s goals, including universal access to TK for all four-year-olds next school year, expanded access for low-income three-year-olds, and more children with disabilities being served in state preschool. They also noted ongoing work on quality rating/review reform, funding structure changes, and the need to address rates, workforce shortages, and federal uncertainty around Head Start. Testimony from advocacy groups and providers largely supported expanding access while simplifying the system. Children Now, Every Child California, and the California Budget and Policy Center argued that California still has uneven access, especially for infants, toddlers, and three-year-olds, and urged investments in mixed delivery, inclusion, full-day options, and a cost-of-care rate methodology. Every Child California recommended consolidating part-day and full-day contracts, streamlining eligibility priorities, making the two-year-old option permanent, and funding staffing incentives. Parent testimony highlighted how child care gaps and county-to-county transfer delays can disrupt work, safety, and children’s stability, and providers described low reimbursement rates, the need for health and retirement benefits, and support for delinking subsidy rates from private pay. The second panel addressed universal transitional kindergarten. The Learning Policy Institute reported rapid TK expansion, with most districts now offering TK, but said access still depends on facilities, staffing, and whether programs are available at all school sites. The Department of Finance said the governor’s budget would fully implement TK by adding funding for all eligible four-year-olds and lowering the adult-to-child ratio from 12:1 to 10:1. The Legislative Analyst’s Office said the administration’s enrollment and cost assumptions were optimistic and estimated lower TK enrollment growth and lower costs for the ratio change. CDE supported the expansion and urged continued funding for UPK coordinators, teacher development, and mixed-delivery planning grants. Members questioned facilities shortages, staffing competition, and how to ensure TK expansion does not displace CSPP or Head Start classrooms. No formal votes or actions were taken in the hearing.
CA
Transcript Highlights:
  • In order to be able to hear as much from the public within the limits of our time, we will not permit
  • These are often limited-term workers who have an agreement.
  • In today's world, more and more people have strong bonds with and rely upon the support of their chosen
  • that of a chosen life partner or somebody else that is equally, if sometimes not more, strong of a bond
  • And the... ...strong of a bond, and the loss and the hurt and the pain and the grieving are something
Summary: The Assembly Labor and Employment Committee heard several bills focused on worker protections, AI in the workplace, bereavement leave, and construction labor standards. SB 909 by Senator Smallwood-Cuevas would increase public works contractor registration fees, raise prevailing wage and related penalties, and direct half of collected penalties back into the Public Works Enforcement Fund. Supporters said the bill would help combat wage theft and misclassification and strengthen enforcement; opponents argued the higher fees and penalties would burden contractors without fixing enforcement backlogs. The committee voted the bill out on a due pass motion to Appropriations. The committee also approved SB 951 by Senator Reyes, which would require 60-day notice when 25 or more workers are displaced by technology and require reporting on AI-related job impacts. Supporters framed it as a response to rapid AI-driven layoffs and a way to gather real-time data; opponents raised concerns about small employers, proprietary information, and litigation. SB 947 by Senator McNerney, the “No Robo Bosses Act,” would require human review of automated discipline, termination, or deactivation decisions and restrict predictive behavior analysis. Supporters said it would prevent biased or mistaken automated decisions; opponents objected to the inclusion of independent contractors, private rights of action, and other provisions. Both bills were advanced to the Committee on Privacy and Consumer Protection. The committee also passed SB 1149 by Senator Durazo, which would expand bereavement leave to cover a “designated person,” including chosen family relationships. Supporters, including AARP and a witness who described losing a long-term partner, said the bill reflects modern family structures; there was no opposition. In addition, SB 1185 by Senator Cortese, applying skilled and trained workforce standards to pharmaceutical facility construction, was approved despite opposition from business and construction groups who said there was no demonstrated safety problem and that the mandate could raise costs and reduce competition. Several other bills on the consent calendar were also approved, and all measures were reported out of committee.
CA

California 2025-2026 Regular Session

Assembly Labor and Employment Committee Jun 10th, 2026

Labor and Employment

Transcript Highlights:
  • In order to be able to hear as much from the public within the limits of our time, we will not permit
  • These are often limited-term workers who have an agreement.
  • In today's world, more and more people have strong bonds with and rely upon the support of their chosen
  • that of a chosen life partner or somebody else that is equally, if sometimes not more, strong of a bond
  • And the Strong of a bond and the loss and the hurt and the pain and the grieving are something that is
Keywords: 988, house, all
WA

Washington 2025-2026 Regular Session

House Technology, Economic Development, & Veterans Feb 20th, 2026 at 10:30 am

Technology, Economic Development, & Veterans

Transcript Highlights:
  • These are in large part deliberately designed to build emotional bonds, maximize time on platform, and
  • These are in large part deliberately designed to build emotional bonds, maximize time on platform, and
  • Our office's enforcement in the Consumer Protection Act is limited... ...piece of legislation.
  • Our office's enforcement in the Consumer Protection Act is limited to cases in the public interest.
  • Building romantic bonds, portraying itself as having superintelligent capabilities, consciousness or
Bills: SB6046
LA

Louisiana 2026 Regular Session

Administration of Criminal Justice Apr 29th, 2026

Administration of Criminal Justice

Transcript Highlights:
  • But access to the fund is limited.
  • It establishes minimum bond amounts. Members, this is Senate Bill 93 by Senator Mizell.
  • We have to acknowledge that we have limited resources.
  • We have to acknowledge that we have limited resources.
  • It's limited to those who pose the greatest danger.
Summary: The Criminal Justice Committee met on April 29, 2026, and first voluntarily deferred House Bill 517. The committee then heard and passed several bills focused on impaired driving, wrongful conviction compensation, gaming promo play, child protection, and criminal penalties related to sexual exploitation and worship-service interference. Senate Bill 118 would require substance use disorder screening for all misdemeanor DUI offenders, with supporters arguing early screening could identify treatment needs and reduce repeat offenses; it was reported favorably. Senate Bill 125 increased the wrongful conviction compensation cap from 10 to 15 years and from $400,000 to $600,000, with testimony emphasizing the hardship faced by people who were wrongfully imprisoned for decades; it also passed favorably. Senate Bill 294 allowed gaming operators to allocate promotional play across licenses without increasing the total amount, and it was reported favorably despite one opposition card. The committee also approved Senate Bill 87, which clarified the definition of commercial sexual activity to address conflicts in child sex trafficking statutes and better reach online solicitation and related conduct. Senate Bill 93 established minimum bond amounts for certain child sex abuse material offenses, and Chair Villio offered an amendment expanding related bail and revocation provisions for certain violent, sex, and firearm offenses; the amendment was adopted and the bill was reported favorably as amended. Senate Bill 98 added certain school employees, including school resource officers and security guards, to the definition of educator for purposes of prohibited sexual conduct with students, and it passed favorably. Senate Bill 199 imposed a mandatory minimum sentence for a second offense of purchasing commercial sexual activity and required sex offender registration; after a technical amendment, it was reported favorably as amended. The committee then took up House Bill 333, which would require the Department of Public Safety and Corrections to house inmates within 30 miles of their home or offense location. The author argued this would preserve family ties and reduce recidivism, but sheriffs, district attorneys, and DOC representatives opposed it as impractical given limited bed space, security needs, and existing placement criteria; the bill was not moved. House Bill 828 would create an independent Louisiana Correctional Medical Review Board to investigate deaths in custody, but law enforcement and corrections witnesses warned it could interfere with homicide investigations and duplicate existing coroner and agency reviews; the author asked for voluntary deferral, which the committee granted. House Bill 146, authorizing a Sabine Parish sports wagering election, was heard but received no motion and remained in committee. The committee also approved Senate Bill 277, expanding concealed-carry exemptions for certain statewide elected officials in the State Capitol, and Senate Bill 306, creating the crime of obstructing worship services in a church or other place of worship; SB 306 was amended to reduce a proposed fine from $10,000 to $2,500 after concerns about jury-trial implications. The meeting ended with adjournment after all remaining items were disposed of.
MA

Massachusetts 2025-2026 Regular Session

Senate Session Jun 21st, 2026 at 11:00 am

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • to record levels, or about $8.4 billion, is that it's been... ...recognized by Wall Street, by the bond
  • as the reason why we saw two years ago a historic rise to AA+ for Massachusetts as Massachusetts' bond
  • Another factor that led to Wall Street improving our bond rating to a record-high level of AA plus, because
  • of myself and should be a priority of every member inside this chamber, knowing that we have very limited
  • and should be a priority of every member inside this chamber knowing that, you know, we have very limited
Keywords: 995, all
Summary: The Senate opened with the Pledge of Allegiance, adopted two commendatory resolutions honoring the Plimpton Historical Society’s Deborah Sampson Day recognition and Megan’s Light’s Cystic Fibrosis Awareness Month observance, and suspended Joint Rule 12 to refer several House petitions to committee. The chamber also briefly recognized Diane Talk of the South Shore Regional Emergency Communication Center on her retirement after 30 years of dispatch service. Later, the Senate passed two local bills to enactment: House No. 4006, authorizing Dartmouth to grant an additional all-alcoholic beverages license, and House No. 473, relating to the charter of Westwood. The main business was the Senate Ways and Means presentation of the fiscal year 2027 budget, totaling about $63.3 billion. The chair described the budget as balanced, with no new taxes or tax cuts, based on a consensus revenue estimate of $986 million in growth over FY26 (2.4%), and including about $15.8 billion in federal financial participation and roughly $2.7 billion from the Fair Share surtax. The budget emphasized record local aid, including $1.376 billion in unrestricted general government aid, $7.66 billion for Chapter 70 education aid, increased minimum school aid, higher regional school transportation reimbursement, rural aid, and the revival of the Foundation Budget Review Commission. It also highlighted major investments in MassEducate free community college, food security, housing, and support for vulnerable residents. Members then engaged in extended colloquy on the budget’s major cost drivers and policy choices. Questions focused on debt service, pension and OPEB liabilities, MassHealth caseload and rising per-enrollee costs, child care funding, and program integrity in DTA and other benefit programs. The chair said debt service would be about $2.67 billion, pension payments would be $5.1 billion, OPEB would receive a $150 million payment, and MassHealth enrollment was projected at about 2 million with costs driven by acuity and medical inflation. He also said the budget includes no collective bargaining agreements and no state tax changes. Senators supporting the budget praised its investments in education, local aid, homelessness prevention, public health, libraries, and housing, while minority leaders and others stressed the need for fiscal discipline, transparency, and further work on affordability and municipal support. The Senate also received a House message on House No. 5316, which the House had nonconcurred in, and a conference committee was appointed on the disagreement.
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 14th, 2026 at 01:08 pm

Senate Finance

Transcript Highlights:
  • probably not going to be a surprise to anybody, but last Friday, Moody's Analytics raised the state's bond
  • And Moody's upgrading the state's bond rating is a reflection of that hard work on your behalf, on the
  • The estimate of how the limitation on state and local tax deduction, that part is unchanged.
  • And Ashley, thank you for helping us with our bond rating.
  • These executive orders are limited to $750,000.
Keywords: 996, all
NH

New Hampshire 2026 Regular Session

House Session (03/05/2026)

New Hampshire House Floor Meeting

Transcript Highlights:
  • </c><00:27:10.799><c> on</c> of all income with no upper limit on of all income with no upper limit on
  • </c><07:36:19.760><c> It</c> relative to an approved bond. It relative to an approved bond.
  • </c> long-term limit on property tax growth. long-term limit on property tax growth.
  • </c> caps by creating a loophole for bond caps by creating a loophole for bond debt.<07:38:11.360><c>
  • </c> increased spending by exempting bond increased spending by exempting bond debt<07:40:16.080><c>
Keywords: 1189, house, all
MN

Minnesota 2025-2026 Regular Session

Committee on Environment, Climate and Legacy - 02/18/25

Environment, Climate, and Legacy

Transcript Highlights:
  • </c><00:21:31.400><c> this</c> celebrate without limitations this celebrate without limitations this
  • And if it's eligible for bonding, why are we here for legacy?
  • And if it's eligible for bonding, why are we here for Legacy? Sure, I can start.
  • First, in terms of bonding, because it is a nonprofit organization, and the bonding committee has kind
  • We did not think it was appropriate at this time to go through bonding.
Keywords: 1187, senate, all
NM
Transcript Highlights:
  • Is that a bond? The financial assurance required from the EPA—is that a bond? So, Mr.
  • And that's what I'm wondering: is that a bond? Mr.
  • Chairman, my understanding is that that is a bond. That is a bond on the operator.
  • as opposed to... ...a bond?
  • Sometimes that can look like a cash bond or a letter of credit.
Summary: The committee first heard a presentation from the Environment Department on PFAS contamination in private wells in La Cienega, Santa Fe County. Staff said the plume likely came from historic use of firefighting foam associated with airport and National Guard fire-training activities, with possible additional contribution from septic systems and consumer products. They described the contamination as affecting about 200 private wells, the short-term response of providing residential filters through a $2 million legislative appropriation, and ongoing work to define the plume’s full extent, identify responsible parties, and consider longer-term regional water solutions. Members asked about filter costs, replacement schedules, disposal of used cartridges, follow-up testing, health studies, and whether cleanup or containment had begun; the department said cleanup would follow once the plume is fully mapped and that DOH is soliciting interest in a blood study. The committee also discussed the need to track disposal of PFAS filters and the possibility of broader statewide capacity for similar work. The committee then took up abandoned uranium mine cleanup. NMED and EMNRD staff reviewed the new uranium mine reclamation program created by HB 164, the state dashboard tracking sites, and the FY26 appropriation of $20 million for neglected contaminated sites, of which $12 million is being used for neglected uranium mines and the remainder for other contaminated sites. They said six contractors were hired, three priority sites in Grant County are moving forward quickly, and additional sites are being prepared for possible FY27 work. Members pressed for details on how funds are spent, why the revolving fund remains unfunded, how federal, state, tribal, and landowner requirements are coordinated, where contaminated material will be moved, and whether cleanup could also address homes built with contaminated materials. Staff said the work is governed by multiple regulatory layers, that the state is seeking an additional $25 million for FY27-FY28 plus a time extension, and that partnerships with tribes would require longer-term agreements. The committee also discussed federal cleanup efforts and the new Good Samaritan law, with members urging stronger advocacy for New Mexico sites, including tribal lands, and asking whether the Attorney General should pursue legal action against federal parties responsible for legacy contamination. Staff explained that some sites are already covered by settlement funds tied to responsible parties, while neglected sites are those with no responsible party and no other cleanup program. The committee then heard from EMNRD on Class VI carbon sequestration primacy. Staff said New Mexico currently has no operating Class VI wells, about 27 Class II acid-gas injection wells are operating, and only a small number might be candidates for conversion. They explained that the state’s primacy application would require more public outreach than federal rules alone, and that cost estimates for post-injection site care are based on long planning horizons, with some costs borne by operators and some by the state after closure. No votes were taken on the substantive items discussed; the committee approved the prior meeting minutes and took a brief recess between presentations.
CA
Transcript Highlights:
  • And they were limited.
  • Please limit your comments to one minute.
  • But we also, again, understand that there are limitations.
  • Please limit your comments to one minute.
  • We're probably going to have to do a tax initiative or general bond or something.
Keywords: 987, senate, all
TX

Texas 89th Regular

Education K-16 Apr 22nd, 2025

Education K-16

Transcript Highlights:
  • This is limited to 5% of the total. At least $1,000.
  • We bonded. It was a trip that we all remember, and it was great for us.
  • We bonded. It was a trip that we all remember, and it was great for us.
  • We bonded. It was a trip that we all remember, and it was great for us.
  • Members, Senate Bill 1319 seeks to limit the number of athletic scholarships awarded to... ...limit the
Summary: The committee heard several education bills, with most of the discussion focused on Senate Bill 1835, Senate Bill 784, Senate Bill 1049, Senate Bill 2942, and Senate Bill 2928. SB 1835 would raise from 5% to 20% the cap on nonresident students who can receive resident tuition and fees through competitive scholarships at certain regional universities in slower-growing workforce development areas, provided the schools have capacity as determined by the Texas Higher Education Coordinating Board. Supporters, including West Texas A&M University, said the bill would help fill underused capacity, attract students who may stay and work in Texas, and support regional workforce needs. SB 784 would strengthen a prior law allowing peace officers’ children to transfer between public school districts for safety reasons by requiring both districts’ approval, making clear that districts of innovation are not exempt, and prohibiting tuition charges. SB 1049 would require districts and open-enrollment charters to excuse students, at a parent’s request, for religious release-time instruction for up to one hour per day and five hours per week; witnesses said the program is constitutional, voluntary, and already operating in other states and some Texas districts. Each of these bills was left pending after testimony, with no public witnesses opposing them. SB 2942 would expand and adjust the state’s adult charter high school pilot program. Senator Creighton said the bill is intended to help the estimated 7 million Texas adults without a high school diploma by removing barriers to expansion, aligning legal protections with ISDs, changing TEA’s disapproval window for expansion amendments to a 30-day period after receipt, and updating funding to reflect part-year attendance. A committee substitute kept the upper enrollment age at 50 and removed a proposed testing change. Testimony from New Heights students and leadership described the program as life-changing, emphasizing that it combines diplomas with career credentials, childcare, transportation, and other supports to help adults stabilize their families and enter better-paying work. TEA witnesses explained the expansion process and said adult charter schools are overseen by the commissioner rather than the SBOE. The committee substitute was adopted, public testimony closed, and the bill was left pending. SB 2928 would set a uniform school start date for public school districts at the third Wednesday in August, while preserving existing district-of-innovation flexibility for current DOI districts and allowing year-round systems to continue. Senator Creighton argued the bill would reduce the patchwork created by DOI exemptions, support students and families, and preserve summer employment and tourism revenue. A committee substitute was adopted. Testimony came largely from tourism, hospitality, and recreation interests, including hotel, water park, zoo, chamber of commerce, and camp representatives, who said later start dates would extend the summer travel season, improve staffing and revenue, and give students more opportunities for summer jobs and camps. Several witnesses cited large economic impacts from tourism and said early school starts reduce August business. Some senators raised concerns about charter schools being excluded and about year-round calendars, but the bill was left pending after testimony.
HI

Hawaii 2025 Regular Session

HLT Info Briefing - Wed Feb 19, 2025 @ 10:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • </c> 20 something million dollar in a bond 20 something million dollar in a bond for<00:59:12.480><c>
  • The bond on the project is 100% of the construction value.
  • from that bond.
  • Well, for design-build, they have to have E&O insurance, and that is separate from the bond.
  • that is separate from the bond that is separate from the bond yes<01:07:49.839><c> but</c><01:07:50.000
Keywords: 910, house, all
Summary: The committee held an informational briefing on construction defects and operational problems at the newly opened Hawaii State Hospital Halola building, a $160 million facility with 144 beds for forensic patients. Department of Health and DAGS officials described ongoing issues identified before and after occupancy in April 2022, including anti-ligature safety defects, roof and building-envelope leaks, drainage problems, plumbing failures, HVAC corrosion and moisture-control issues, mold, and corroding materials. They said the problems have affected patient areas, showers, hallways, the gym, and other parts of the building, creating daily operational and safety challenges for staff and patients. Officials said the state believes the defects are the responsibility of the design-builder, Hensel Phelps, but that they are working with the company and its subcontractors to address the problems while preserving the state’s legal position. The Attorney General’s office said it is conducting an inquiry and asked agencies to limit comments to factual matters. Witnesses explained that some defects appear to be latent and that repairs are being documented through photos, invoices, and testimony. They also said some work is being done by Hensel Phelps and some by other contractors, with efforts to preserve evidence for possible future claims. Committee members questioned how the defects were missed during design-build inspection, whether the state should pursue litigation sooner, and how evidence would be preserved if outside contractors make repairs. Officials said the state has two funding requests pending: about $8 million for emergency repairs and about $28.8 million for longer-term repairs, for a total near $40 million, while noting that additional defects may still be discovered. No votes were taken; the meeting was informational only.
WA

Washington 2025-2026 Regular Session

Senate Environment, Energy & Technology Jan 14th, 2026 at 08:00 am

Environment, Energy & Technology

Transcript Highlights:
  • timeline to get to a health-based limit by 2028.
  • First, the bill proposes limits, replacing limits based on measured lead content with measures designed
  • First, the bill proposes limits, replacing limits based on measured lead content with measures designed
  • Senate Bill 5941 relates to allowing limited...
  • There's no bond for this.
Bills: SB5965 , SB6030 , SB5975 , SB5941
MA

Massachusetts 2025-2026 Regular Session

Senate Session May 28th, 2026

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • institutions, and certain other activities of the Commonwealth, for interest and sinking fund and serial bond
  • Funding and serial bond requirements and for certain permanent improvements.
  • The instant resolution, which has been posted for a little bit of time, indicates a very limited, and
  • Indicates a very limited sharing of documents.
  • the ballot, that there's a quirk in the Massachusetts Constitution that, you know, provides for a limited
Keywords: 1212, all
MN

Minnesota 2025-2026 Regular Session

House passes transportation finance bill with increased road funding, transit cuts 4/28/25

Minnesota House Floor Meeting

Transcript Highlights:
  • We know that the capacity for the capital investment committee, or the bonding bill, has been reduced
  • Trunk highway projects could easily eat up the $700 million bonding maximum capacity authority.
  • </c> easily eat up the $700 million bonding easily eat up the $700 million bonding maximum<00:04:58.320
  • </c> off of our bonding ability. off of our bonding ability.
  • Those are kind of standard bonds that are included in this bill.
Keywords: 1183, house
CA

California 2025-2026 Regular Session

Joint Legislative Committee on Climate Change Policies Feb 23rd, 2026

Joint Legislative Committee on Climate Change Policies

Transcript Highlights:
  • It sets a declining limit on major sources of climate pollution, covering the largest polluters, including
  • The limit is an aggregate limit set for all sources. There are no facility-specific caps.
Summary: The committee heard an overview of CARB’s proposed amendments to California’s Cap-and-Invest program, implemented under AB 1207 and SB 840 after last year’s reauthorization through 2045. CARB said the draft rule changes are intended to support affordability, market certainty, and the state’s 2030 and 2045 climate targets, while also addressing offsets, utility allowance transfers, leakage protections for industry, and post-2030 allowance budgets. Members emphasized the importance of completing the rulemaking on schedule this spring so the changes can take effect by September 1, 2026. A major focus was how allowances are allocated among electric utilities, natural gas utilities, industry, and the Greenhouse Gas Reduction Fund. CARB explained that the proposal transfers natural gas utility allowances to electric utilities over time to support electrification and ratepayer protection, while maintaining free allowances for industry to reduce leakage risk and preserve in-state manufacturing and refining. Several members and panelists questioned whether the proposed utility changes could raise rates, whether the transition from gas to electric credits should happen faster, and whether the industrial allocation changes reduce climate credit and GGRF revenues more than necessary. CARB and panelists said they were open to additional data and comments, and noted that the proposal is still in public comment. The committee also discussed carbon capture, carbon removal, and refining. Members asked CARB to ensure that CCUS and CDR are clearly recognized as viable compliance pathways and to keep SB 905 rulemaking on track. On refining, members raised concerns about imported gasoline, leakage, and the need for better data on the carbon intensity of imported fuels; CARB said cap-and-invest applies to fuel suppliers at the rack, while life-cycle accounting issues are handled more through the Low Carbon Fuel Standard and related modeling. CARB said it is continuing technical work on those data tools. In the second panel, the LAO, IEMAC, EDF, and SCAPA representatives generally agreed that the program faces real tradeoffs between affordability, ambition, and leakage protection. The LAO and IEMAC stressed that the Legislature should scrutinize how CARB divides the allowance “pie,” since more free allocations to utilities or industry mean less revenue for GGRF. EDF argued the program could be somewhat more ambitious in the near term without harming affordability, while SCAPA said the proposal would reduce allowances for publicly owned utilities and could undermine early decarbonization investments and ratepayer benefits. No votes were taken during the hearing.
CA

California 2025-2026 Regular Session

Joint Legislative Committee on Climate Change Policies Feb 23rd, 2026

Joint Legislative Committee on Climate Change Policies

Transcript Highlights:
  • It sets a declining limit on major sources of climate pollution, covering the largest polluters, including
  • The limit is an aggregate limit set for all sources. There are no facility-specific caps.
Summary: The Joint Legislative Committee on Climate Change Policy heard an overview from CARB on proposed amendments to California’s Cap-and-Invest program, which was reauthorized through 2045 by AB 1207 and SB 840. CARB said the draft rules are intended to preserve affordability, market certainty, and progress toward the state’s 2030 and 2045 climate targets. The agency described the program’s main features, including the declining emissions cap, utility and industrial allowance allocations, offset changes, the allowance price containment reserve, and new reporting and oversight requirements. CARB also said the rulemaking is on a public comment timeline, with board consideration planned for late May and an effective date targeted for September 1, 2026. Committee members focused heavily on electricity affordability, the planned shift of free allowances from natural gas utilities to electric utilities, and whether the proposal would raise rates for investor-owned and publicly owned utilities. CARB said the proposal is meant to protect ratepayers from compliance costs and that the utility allocation is based on updated data showing utilities are greener than before, but members and utility representatives argued the transition should happen faster and that the current draft could reduce expected revenues and disrupt long-term planning. Members also pressed CARB on carbon capture and sequestration, asking that the regulations clearly recognize it as a compliance pathway, and on whether the SB 905 rulemaking for carbon capture should move forward on schedule. A second major topic was industrial allocations, especially for refiners and other sectors at risk of leakage. CARB said it is keeping all industries at high leakage risk through 2030, maintaining the current cap-adjustment approach, and leaving room for additional comments and data on whether refiners need more allowances to avoid economic leakage and preserve in-state refining. Members also questioned how imported gasoline is treated, and CARB explained that transportation fuel is regulated at the rack and through the low-carbon fuel standard, while cap-and-invest covers in-state tailpipe and smokestack emissions rather than full life-cycle emissions. CARB said it is open to using additional data, including SB 253 reporting, to improve fuel carbon-intensity estimates. The panel of outside experts largely agreed that the program must balance affordability, ambition, and leakage concerns, but they differed on how much allowance value should go to utilities, industry, and the Greenhouse Gas Reduction Fund. The Legislative Analyst’s Office emphasized that the Legislature should scrutinize CARB’s allocation choices now because they will be hard to change later. An IEMAC representative said the proposal appears to shift more allowance value to industry and utilities, which could reduce GGRF revenues, while EDF argued the cap could be tightened further in the near term without triggering price containment. SCAPA, representing publicly owned utilities, warned that the proposal would reduce utility allowances and could raise costs for ratepayers and undermine early decarbonization investments. No votes were taken at the hearing.
CA

California 2025-2026 Regular Session

Joint Legislative Committee on Climate Change Policies Feb 23rd, 2026

Joint Legislative Committee on Climate Change Policies

Transcript Highlights:
  • It sets a declining limit on major sources of climate pollution, covering the largest polluters, including
  • The limit is an aggregate limit set for all sources. There are no facility-specific caps.
Summary: The committee heard an overview and discussion of CARB’s proposed amendments to California’s Cap-and-Invest program, implemented under AB 1207 and SB 840. Chairs and members emphasized the program’s role in meeting climate targets while balancing affordability, and CARB described the proposal as intended to preserve market certainty, strengthen cost containment, address utility affordability, and support the state’s 2045 carbon-neutrality goal. CARB also noted the public comment period, the planned board hearing, and the goal of an effective date of September 1, 2026. Members questioned CARB on several implementation issues, including whether the rulemaking would be completed on time, the treatment of carbon capture and sequestration, the timing of the transfer of allowances from natural gas utilities to electric utilities, and the impact on ratepayers. CARB said it was on track to meet the May deadline, that CCUS/CDR could be further refined in the proposal and would also be addressed in a separate SB 905 rulemaking later in the year, and that it was seeking to protect ratepayers while inviting more utility data during the comment period. The committee also discussed refining-sector leakage risk, gasoline imports, and how imported fuel is accounted for under cap-and-invest versus the low-carbon fuel standard. A second panel of outside experts and stakeholders then testified. The Legislative Analyst’s Office and IEMAC representatives explained the major statutory changes, including putting offsets under the cap, shifting allowances from natural gas to electric utilities over time, and changing how allowance value is divided among utilities, industry, and the Greenhouse Gas Reduction Fund. They stressed that CARB has significant discretion in setting the allowance “pie,” and that more free allocations to utilities or industry reduce GGRF revenues. EDF’s representative argued the proposal should be adopted this spring, said the utility transition should happen faster, and urged a tighter near-term emissions cap. SCAPA, representing publicly owned utilities, opposed the proposed utility allocation changes, saying they would reduce expected allowances, undermine long-term planning, and could force higher rates or reduced decarbonization investments.