Video & Transcript : 'aggregate bond limitation' :
Page 222 of 500
WA
Washington 2025-2026 Regular Session
House Local Government Jan 20th, 2026
Transcript Highlights:
- So then I assume they enter into some sort of time-limited contract.
- So then I assume they enter into some sort of time-limited contract.
- It gets complicated when you get into the 590 limit.
- It gets complicated when you get into the 590 limit.
- Power grid limitations are causing delays of renewable energy projects.
Summary:
The committee heard testimony on several local government bills. HB 2006 would extend the deadline for certain rural counties that collect a sales and use tax for economic development to designate industrial land banks under the Growth Management Act. Supporters, including the sponsor and Kittitas County representatives, said the bill would help counties identify industrial land for job growth and economic development; Futurewise opposed it, citing concerns about large industrial land banks and impacts to agricultural lands. HB 2244 would let a city that forms a fire protection district after July 1, 2026, keep its levy rate without reducing it by the district’s levy, and would also allow online notice and interlocal contracting for fire services. City and fire officials supported it as a practical tool to fund fire service, while one witness opposed the broader trend of appointed taxing authorities.
The committee also heard extensive testimony on HB 2316, which would limit shrub-step vegetation inside urban growth areas from being treated as wildlife habitat, critical area, or conservation area, and would bar related mitigation or replacement requirements. Tri-Cities officials, builders, housing advocates, and the sponsor argued the bill would reduce delays and costs for housing and development on already designated urban land, while conservation groups, tribal representatives, and some individuals opposed it as a broad rollback of habitat protections and a harmful precedent for ecosystems and wildlife. No vote was taken on the bills during the hearing.
HB 2103 would expand public utility contracting authority so cities, utilities, and joint operating agencies could enter “capability” contracts for renewable or non-emitting generation projects, including nuclear, renewable hydrogen, and fusion, and repeal certain price-limit restrictions. Supporters said it would align older contracting law with the Clean Energy Transformation Act and help utilities plan for future power needs; opponents warned it would shift risk to ratepayers and revive concerns tied to the WPPSS nuclear debacle. The committee also heard HB 2388, which would classify pivot-corner solar and agrovoltaic facilities on agricultural land as distributed energy resources and accessory uses; the sponsor and supporters said it would help meet energy needs without harming productive farmland, while Futurewise asked for clarification to avoid unintended loss of agricultural land. The hearing then returned to HB 2103 for additional testimony, with the same basic split between utility and clean-energy supporters and ratepayer or anti-nuclear opponents.
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 2nd, 2026 at 08:43 am
House Taxation & Revenue
Transcript Highlights:
- And then one more question In the FIR, it states that HB21 would significantly limit the state board
- and the land grant and sector infrastructure fund basically have as their base the severance tax bonding
- the Water Trust Infrastructure Fund, the Housing Trust Fund, they're all structured in regards to bonding
- Garcia mentioned, in terms of how the fund, the infrastructure fund, in terms of the severance tax bonds
- in the event that those decline over time, that we're not just solely relying on the bonding capacity
Committee:
House House Taxation & Revenue
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Jul 1st, 2026
Transcript Highlights:
- They have to be approved. exempt bonds under federal law. They have to be approved.
- That will limit their ability to do so.
- Alameda County maintains top-tier bond ratings from all of the major bond rating agencies, including
- We do not limit funds. There is no good argument in opposition to this bill. We do not limit funds.
- We do not limit funds. They can place it on the calendar. They can vote.
Summary:
The committee heard a long agenda of local government and housing-related bills, with testimony often centered on regional coordination, permitting reform, and local control. SB 802 by Senator Ashby would require Sacramento-area jurisdictions to form a joint powers authority to coordinate homelessness and housing response; supporters argued the region has long lacked accountability and coordination, while Sacramento County, Folsom, and others opposed the mandate as an unprecedented state-imposed JPA. The bill drew extensive support from local officials, business groups, service providers, and advocates, and opposition from county, city, and nonprofit representatives who said a local process was already underway. Committee members expressed support for the concept, but the bill was held pending a quorum and later discussed again with strong encouragement for regional collaboration.
The committee also heard SB 222, SB 677, SB 908, SB 226, SB 828, and SB 1193. SB 222 would streamline permitting for residential heat pump and water heater installations; supporters said it would lower costs and speed clean-energy adoption, while local government groups argued the main barrier is upfront cost, not permits. SB 677 would curb what the author described as abusive appeals and delays in affordable housing approvals, with developers testifying about frivolous subdivision map appeals and TEFRA hearing delays; the California Native Plant Society sought an amendment to preserve appeals on habitat lands. SB 908 would simplify permits for energy-code-compliant window replacements, and SB 226 would clarify financing authority for a West Sacramento baseball stadium proposal; both passed unanimously. SB 828, prompted by the Esparto fireworks warehouse explosion, would tighten fireworks storage and licensing rules, expand inspection and seizure authority, and increase fines; it also passed unanimously after testimony from fire officials and a pyrotechnic operator who opposed it unless amended.
SB 1193, a county-specific Alameda County transparency bill, generated the sharpest debate. The author argued it would prevent waste, favoritism, and conflicts of interest in discretionary spending by requiring board approval, a public spending log, and clearer whistleblower procedures. Alameda County and county associations opposed it as overly broad and burdensome, saying existing processes already provide transparency and that the bill would reduce flexibility during fiscal stress. After committee questions about the bill’s purpose and the county’s current practices, the measure passed 7-0, with the author indicating willingness to accept an amendment restoring a four-fifths vote threshold.
The committee then moved out of order to SB 1090, which would impose a temporary moratorium on state housing density laws in Altadena through 2030 in response to post-fire displacement concerns. The author said the bill is intended to protect long-term residents from investor-driven redevelopment after the Eaton Fire, while acknowledging amendments to align the moratorium with affordable housing development timelines. The transcript cuts off during the presentation of this bill, so no final action is shown for SB 1090 in the excerpt.
LA
Louisiana 2026 Regular Session
House of Representatives May 27th, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- We limited this to just the city of St. George, and we also provide a sunset.
- They looked at information provided by the cases filed on limited jurisdictional courts.
- affidavit, cancellation of appointment, and forfeiture judgments on prior bonds.
- amount of land around the airstrip relevant to the limited liability.
- amount of land around the airstrip relevant to the limited liability.
Bills:
SCR59 , SCR70 , HR275 , HR279 , HR282 , HR289 , HR307 , HCR112 , SCR61 , SCR62 , SCR64 , SB121 , HR310 , HR314 , HR316 , HR317 , HR321 , HCR117 , SCR5 , SCR29 , SCR33 , SCR37 , SCR63 , SCR30 , SCR40 , SCR65 , HCR3 , HCR49 , HCR66 , HCR67 , HB54 , HB137 , HB321 , HB368 , HB386 , HB414 , HB431 , HB552 , HB555 , HB578 , HB590 , HB593 , HB618 , HB638 , HB670 , HB692 , HB707 , HB708 , HB715 , HB718 , HB732 , HB741 , HB748 , HB776 , HB796 , HB807 , HB822 , HB848 , HB856 , HB887 , HB888 , HB917 , HB921 , HB1082 , HB1243 , HB1246 , HB1 , HB2 , HB42 , HB45 , HB71 , HB79 , HB126 , HB133 , HB159 , HB213 , HB218 , HB222 , HB289 , HB291 , HB312 , HB313 , HB324 , HB352 , HB383 , HB398 , HB403 , HB429 , HB457 , HB459 , HB549 , HB571 , HB579 , HB591 , HB608 , HB616 , HB624 , HB766 , HB769 , HB783 , HB804 , HB864 , HB874 , HB909 , HB951 , HB971 , HB983 , HB1005 , HB1017 , HB1051 , HB1056 , HB1126 , HB1186 , HB1193 , HB1223 , HB1224 , HB1235 , HB1249 , SB259 , SB295 , SB312 , SB348 , SB444 , SB485 , SB441 , SB149 , HB359 , SB29 , SB43 , SB78 , HB463 , HB998 , SB197 , SB268 , SB123 , SB276 , SB326 , SB80 , HB901 , HR20 , HR74 , HCR65 , HCR71 , HCR98 , HB284 , HB306 , HB341 , HB366 , HB393 , HB458 , HB577 , HB603 , HB605 , HB614 , HB625 , HB646 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1191 , HB1240 , HB1255 , SB82 , SB89 , SB97 , SB479 , HB74 , HB119 , HB134 , HB210 , HB258 , HB468 , HB784 , HB870 , HB953 , HB956 , HB1117 , HB1236 , SB42 , SB208 , SB217 , SB274 , SB300 , SB341 , SB379 , SB382 , SB387 , SB401 , SB449 , SB487
Keywords:
Major Richard Star Act, veterans, military retirement, disability compensation, VA benefits, combat-wounded, medically retired, military retirees, service members, veterans benefits, Department of Veterans Affairs, Department of Defense, concurrent receipt, retirement offset, combat-related disability, bipartisan support, memorial resolution, Congressional memorial, Louisiana delegation, Richard Star
Summary:
The House convened with a quorum and opened with prayer by Archbishop Checchio, the pledge, and the national anthem. Members also used personal privilege to recognize visiting officials, university leaders, grocers, Governor’s Fellows, and several special guests and honorees, including Grambling State University for its 125th anniversary, Tiger Athletics, and the Tiger Marching Band, as well as CASA volunteers and advocates. The chamber adopted a number of ceremonial resolutions and made several conference committee appointments and committee discharge motions.
The floor then took up a series of Senate and House resolutions, many of which were adopted without objection or after brief debate. These included resolutions creating or studying task forces on topics such as homeowner catastrophe claims and insurance-related litigation, the Louisiana-Ireland Trade Commission, informed consent laws, fiscal note procedures, K-12 student success pathways, and military funding alignment. Members also adopted resolutions on domestic violence protective-order access, flood risk mapping, seismic activity in North Louisiana, illegal dumping enforcement, toll signage and customer service, and other local or commemorative matters. Several Senate resolutions were temporarily returned to the calendar, while others were adopted by recorded vote, including SCR 29, SCR 33, SCR 37, SCR 63, SCR 30, SCR 65, and SCR 40.
The House then considered Senate Bill 259, which authorizes an online application process for civil protection orders and restraining orders for domestic violence victims; it passed 93-0. Senate Bill 312, dealing with public-sector labor organizations and dues/withdrawal procedures, prompted extended debate focused on whether the bill unfairly singled out teachers’ unions and whether teachers already have the ability to opt out; the bill ultimately passed 60-38. Senate Bill 348, allowing the City of St. George to contract for administrative assistance in motor-vehicle crash response, passed 84-9 after questions about citations, reports, and the role of third parties. Senate Bill 485, concerning St. George’s municipal fiscal authority and insurance premium taxes, passed 91-0 after an amendment removed new public facility charge authority.
The House also debated Senate Bill 197, which would reduce the number of judges on the Fourth Circuit Court of Appeal from 12 to 10 based on a workload and population study by the National Center for State Courts. Supporters cited the circuit’s smaller population and lower per-judge workload, while questions focused on the study’s publication and whether it actually recommended a reduction. The transcript ends during that debate, before final disposition is shown.
HI
Transcript Highlights:
- Uh, it seems a reading of the bill as currently structured has a very limited focus.
- </c> structured has a very limited uh focus. structured has a very limited uh focus.
- Uh, the budget and finance has weighed in on this that it jeopardizes taxes and bonds.
- Uh, the budget and finance has weighed in on this that it jeopardizes taxes and bonds.
- And it's also a betrayal of bonds. And it's also a betrayal of public<00:51:04.559><c> investment.
Committee:
House Labor
MN
Transcript Highlights:
- Then we can take the limited time that we have to fix those issues that we know are coming as well.
- Then we can take the limited time that we have to fix those issues that we know are coming as well.
- Then we can take the limited time that we have to fix those issues that we know are coming as well.
- two or more buildings, sometimes responsible for thousands of children and have to dedicate their limited
- time to meetings dedicate their limited time to meetings and<01:10:12.000><c> the</c><01:10:12.159><
Committee:
House Education Finance
CA
California 2025-2026 Regular Session
Senate Revenue and Taxation Committee May 6th, 2026
Transcript Highlights:
- They're limited liability companies, and it will allow California to collect unpaid taxes and vehicle
- And it's about making sure that preparation is not limited to those who can afford it.
- So, assuming this bill is passed and signed, this bill would be a term-limited three-year partial tax
- I can see that's what your intent is, but that's not what the limitation of the, that limitation or that
- Tax credits, bond revenues, and other state housing programs... ...with few options.
Summary:
The committee heard and advanced several tax and revenue measures, beginning with SB 1329 on solar property tax assessment. The author and solar industry witnesses argued the bill would create a uniform statewide method, provide certainty for developers, and exclude tax credits and other intangibles from valuation; county assessors and several counties opposed it, saying it would reduce assessed value and depart from market-based appraisal. The bill was moved to Appropriations on a 2-0 vote and placed on call. The committee also heard SB 1406 to close the “Montana tax loophole” used to avoid California vehicle taxes, with support from the California Teachers Association and no registered opposition; it passed 2-0 and was placed on call. SB 984, conforming California law to the federal tipped-income deduction, drew support from the restaurant industry, Howard Jarvis Taxpayers Association, and enrolled agents, and passed 3-0 to Appropriations, on call.
Later, the committee considered wildfire- and energy-related tax credits. SB 1084 would create a fire-safe home tax credit for home hardening and defensible space improvements; supporters said it would reduce wildfire losses and insurance costs, and it passed 3-0 on call. SB 1118 would provide credits for backup generators and solar battery systems in high fire-threat areas; the author framed it as a resilience measure for households and small businesses, but members raised concerns about cost, diesel use, and whether the credit would reach lower-income households. The bill was moved 1-0 and placed on call, with the chair and other members noting unresolved budget and policy concerns. SB 1424, expanding a partial sales tax exemption to zero-emission vehicle refueling equipment, received support from hydrogen and electric transportation groups and passed 4-0 on call.
The committee also advanced SB 1249, a senior tax deduction for taxpayers ages 86 to 90, with support from LeadingAge California and senior advocates; members noted it was narrowly targeted and passed 4-0 on call. SB 1113, conforming California tax law to the federal tonnage tax regime for U.S.-flag international shipping companies, drew support from maritime industry groups and opposition from ILWU over the fiscal impact; it passed 4-0 on call. SB 1137, the Medical Expense Deduction Act, would allow a targeted deduction for medical expenses for lower-income taxpayers; supporters said it would help families facing high out-of-pocket costs, and it passed 4-0 on call. Finally, SB 1415 would extend a partial welfare property tax exemption to mixed-income housing that includes moderate-income units; supporters said it would help finance “missing middle” housing, while assessors and housing stakeholders requested amendments and guardrails. The bill was also moved forward on a committee vote and placed on call.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, June 4, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- between the parties, and each member other than the majority and minority leaders and minority whip is limited
- ><00:05:55.759><c> whip</c> minority leaders and minority whip minority leaders and minority whip limited
- :05:58.000><c> But</c><00:05:58.160><c> in</c><00:05:58.400><c> no</c><00:05:58.639><c> event</c> limited
- But in no event limited to five minutes.
- </c><09:22:50.080><c> his</c> trying to tie his hands, limit his trying to tie his hands, limit his ability
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development Committee, March 2, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- They either have to get a significant bond or they have to pledge their own assets to the division, and
- It might grow that aggregation opportunity. So, okay, thank you. Any other questions?
CA
California 2025-2026 Regular Session
Joint Hearing Assembly Environmental Safety and Toxic Materials and Senate Environmental Quality Dec 11th, 2025
Transcript Highlights:
- and I think there's more work we need to do on that in this coming legislative year from the climate bond
- And just to finish on that thought, as was mentioned earlier, the climate bond, which was Prop. 4, was
- Fifty million dollars of that Prop. 4 bond were allocated for cross-border rivers.
- So the Prop 4 bond dollars are for both waters. We will be going through a public process.
- I think back to Prop. 1 bond dollars, and we were able to quickly get things out...
Summary:
The joint Senate and Assembly Environmental Quality/Environmental Safety and Toxic Materials informational hearing focused on the Tijuana River Valley sewage crisis, with members from both parties emphasizing that the problem is long-running, cross-border, and severe enough to require federal, state, local, and binational action. Opening remarks described the crisis as an environmental and public health emergency affecting beaches, air and water quality, marine life, tourism, and residents’ quality of life in South Bay communities. Assembly Member Boerner and Senator Jones both stressed the need for continued funding and cooperation, while Senator Padilla said the issue is underappreciated because of where it occurs but has major public health, economic, and educational consequences. Congressman Mike Levin’s office reported more than $650 million in federal funding secured for infrastructure and cleanup, along with federal legislation and requests for CDC and EPA involvement.
Supervisor Paloma Aguirre gave a detailed overview of county efforts and the scope of the crisis, citing decades of sewage flows from Tijuana, nearly four years of beach closures, and the county’s expanded water-quality monitoring. She said the county is pursuing warning signs, an air purifier distribution program, an epidemiological study, soil testing, an economic impact study, and a feasibility analysis to remove the “hot spot” near Saturn Boulevard, which she described as a key local source of airborne pollution. She also pointed to binational funding for treatment plant upgrades and said the county is seeking state support, including from Proposition 4 cross-border river funds, to expand relief and mitigation efforts.
Scripps researchers Dr. Sarah Giddings and Dr. Kimberly Prather presented scientific findings on water and air transport. Giddings described a high-resolution forecast model that predicts wastewater movement and beach closure risk up to five days ahead, using real-time observations and showing about 72% accuracy against county measurements. Prather said the main exposure route is through air, not just water, and reported that turbulence at the river hot spot aerosolizes pollutants, with hydrogen sulfide and other gases spiking at night and dropping when river flow is diverted. She said the team has identified thousands of gases and linked measurements closely to odor complaints, while also noting that air purifiers can reduce indoor exposure but are not a permanent solution.
Dr. Paula Stigler Granados added that community health surveys and CDC assessments show widespread symptoms, sleep disruption, anxiety, and daily life impacts, especially during nighttime odor events. She said her team has found more than 900 contaminants in river water and 106 chemicals uniquely associated with the Saturn Boulevard hot spot, with passive air sampling showing similar chemical fingerprints in nearby homes. The panel discussion ended with questions about standards and accountability, and witnesses and legislators agreed that the crisis requires updated air-quality standards, more health research, and continued coordination to reduce exposure and address the source of pollution.
HI
Transcript Highlights:
- We will be implementing a 2-minute time limit per testifier, and if you are on Zoom, please keep your
- Other states do CIP bond funding as well, and also cultural trusts, which we're really interested in
- dedicated funding source other states do dedicated funding source other states do CIP<00:20:09.159><c> Bond
- 10.000><c> well</c><00:20:10.880><c> um</c><00:20:11.080><c> and</c><00:20:11.280><c> also</c> CIP Bond
- funding as well um and also CIP Bond funding as well um and also cultural<00:20:11.960><c> trusts</c
Committee:
House Culture & Arts
Summary:
The Committee on Culture and the Arts heard testimony on HB 547 HD1, which would create a spay-neuter special fund to reduce pet overpopulation and support spay/neuter services, funded in part through a tax return check-off and other sources. The Department of Taxation said it could implement the check-off; the Attorney General and Budget and Finance raised drafting and placement concerns about which department should house the fund; and the Hawaii Humane Society strongly supported the bill, emphasizing statewide need and the importance of distributing funds to areas of greatest need, including neighbor islands. The Tax Foundation opposed the measure on special-fund grounds, arguing there was no sufficient nexus between the bill’s purpose and the proposed revenue source. The committee later recommended HB 547 HD1 with technical amendments and sent it to Finance, with members voting aye and no objections noted.
The committee also heard HB 925 HD1, relating to arts funding, which would impose a 1% fee on ticket sales from concerts at state venues and direct the proceeds to a dedicated arts fund. The State Foundation on Culture and the Arts supported the measure, while the Attorney General suggested defining “concerts” for clarity and Budget and Finance was available with comments. In discussion, the committee chair asked about how other states fund arts programs, and Director Ewald said many states use dedicated funding sources such as concert fees, bond funding, cultural trusts, and hotel lodging taxes. The committee recommended HB 925 HD1 with amendments, including a preamble, a new Performing Arts special fund, a definition of “concerts,” and a defective date, and the recommendation was adopted.
Finally, the committee considered HB 1378, also related to the State Foundation on Culture and the Arts. Based on the Attorney General’s testimony, the committee proposed deleting a section of the bill, creating a Performing Arts special fund, specifying revenue sources such as legislative appropriations, foundation charges, grants, gifts, and interest, and using the fund for coordination, planning, promotion, marketing, and execution of performing arts events. The amendments also added a definition of Performing Arts, granting standards, and a defective date, while blanking out the appropriation amount for the committee report. The committee voted to adopt the recommendation on HB 1378 with amendments, and the meeting adjourned.
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works May 11th, 2026
Transcript Highlights:
- aware of the current hurdles facing the Lafitte Area Independent Levee District, including their limited
- court system or the state court system to go ahead and pay those damages based on a payment plan, bonds
- But if there's no one there to issue bonds or to issue a millage tax to pay for all this damage that
- whichever occurs first, and specifies that this section shall not be construed... ...to invalidate or limit
- ...whichever occurs first, and specifies that this section shall not be construed to invalidate or limit
Summary:
The committee first adopted Amendment Set 527 without objection, then adopted Amendment Set 5327, which adds a compliance officer requirement and related qualifications for the Southeast Louisiana Flood Protection Authority. Supporters of Senate Bill 56 argued that the Lafitte levee district lacks sufficient recurring revenue to maintain its system and that the West Bank flood authority could provide professional management, coordination, and financial support. Testimony also raised concerns about governance problems at SLFPA East and about unresolved landowner damage claims tied to prior levee work. The committee reported SB 56 favorably with amendments.
The Department of Transportation and Development secretary then gave an update on the agency’s transformation initiatives, including outsourcing, construction process improvements, faster contractor payments, quicker change-order approvals, and higher project delivery rates. The committee next reported Senate Bill 171 favorably, which cleans up language for the recreation, economy, navigation, and transportation authority board, and Senate Bill 252 favorably, which allows driver’s license records to reflect both acceptance and refusal of anatomical gift authorization.
Senate Bill 72, dealing with electronic vehicle titles and registration, was amended extensively to modernize OMV processes, require electronic lien and title functions for certain users, and set implementation timelines; it was then reported with amendments. House Bill 939, which would create a Louisiana Vehicle Commission by consolidating the motor vehicle commissions, was amended with a substitute but then voluntarily deferred to allow more stakeholder work. Senate Bill 129, creating a Master Combat Infantry Specialty license plate and adding a special plate provision for designated state officials tied to Supreme Court parking/security concerns, was reported with amendments. Finally, House Resolution 243, urging safety warning signage on the Tickfaw River after a fatal boating accident, was amended to shift responsibility to parish governing authorities and was reported with amendments.
MN
Minnesota 2025-2026 Regular Session
Agriculture Committee Meeting - 2025-03-26
Agriculture Finance and Policy
Transcript Highlights:
- It's limited land access, and looking at the individuals that...
- How many farms fit into that limited access, and is that going to be enough to sell four million or five
- ...that really fit into this category of limited market access.
- I guess it's not really because point F is the limited market access.
- Then for the technical changes to Chapter 17A, Licensing and Bonding Provisions, this is to address the
Committee:
House Agriculture Finance and Policy
Keywords:
beginning farmers, agriculture, loans, economic opportunity, farmers' equity, agriculture appropriations, farm to school, early care, child care food program, school lunch program, local food, Minnesota agriculture, food access, farm-to-institution, limited market access, county fairs, biofuels, E25, ethanol, meat processing
NH
New Hampshire 2025 Regular Session
House Education Funding (10/28/2025)
Transcript Highlights:
- limited amount of money that was allocated and appropriated for building aid stays as building aid,
- the limited amount of quote<01:11:42.560><c> unquote</c><01:11:43.040><c> leftover</c><01:11:43.679>
- </c><01:11:49.840><c> amount</c> we are assuring that that limited amount we are assuring that that limited
- </c><01:17:43.040><c> So</c> do a bond to cover those um payments.
- So do a bond to cover those um payments.
Summary:
The subcommittee took up several school building aid bills. HB 295, which would make school building aid program funds non-lapsing, drew debate over whether the program is effective and whether funds should be allowed to carry forward. Supporters argued the program is underfunded and that even small leftover amounts should remain available for building aid; opponents said non-lapsing funds limit future budget flexibility and that the program creates winners and losers. The committee voted 4-3 to recommend HB 295 inexpedient to legislate (ITL).
The committee then considered HB 366, which would increase school building aid for eligible projects and include retroactive funding for projects completed in the past. The motion to ITL was supported on the grounds that retroactive payments would be unfair to districts still waiting in line and that the legislature should focus on future projects. Supporters of the bill said the increase was modest and that districts that built during a prior moratorium on aid were left with long-term fiscal burdens. The committee again voted 4-3 to recommend ITL.
The discussion also broadened into special education funding and a retained bill, HB 742, concerning catastrophic special education aid and the source of funding. Members debated whether the education trust fund should cover the aid and whether the committee should act now or wait for a separate commission studying special education costs. Several members emphasized that special education costs are rising, that more data is needed on student identification and funding formulas, and that the commission’s report may provide better guidance. The chair said the subcommittee’s recommendations would go to the full committee, and the next meeting was expected to be rescheduled from November 4 to later that week because of election-related conflicts.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee Jul 31st, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- In the past, there was something called the Pease Limitation, named after a national member of Congress
- Basically, there was a limitation on the amount of tax deductions that taxpayers could take.
- limitation, and it's only applicable to taxpayers who are taxed at the top federal marginal tax rate
- So, We have the highest income earners that are subject to this new formula that limits their itemized
- It is also for a limited time for tax years 2025 to 2028.
MS
Mississippi 2026 Regular Session
Appropriations - Room 216, 22 January, 2026; 8:00 AM
Appropriations
Transcript Highlights:
- ><c> by</c><00:57:00.319><c> state</c> Executive director is limited by state Executive director is limited
- I think there is the conversion from a paper surety bond to an electronic surety bond this year.
- So we phased that transition from a paper surety bond to an electronic surety bond, and that's worked
- They had to convert from a paper surety bond to an electronic surety bond this year.
- So we phased that transition from a paper surety bond to an electronic surety bond, and that's worked
Committee:
Joint Appropriations
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.
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.