Video & Transcript : 'capital assets' :

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AZ
AZ

Arizona 2026 Regular Session

04/28/2026 - Joint Appropriations

Appropriations

Transcript Highlights:
  • would be removed, and that instead of being able to apply for Access on stated income and stated assets
  • Instead of being able to apply for Access on stated income and stated assets, that proof would have to
  • Chairman and members, House Bill 4141 and Senate Bill 1834 are the capital outlay bills for fiscal year
  • The capital outlay bills contain the following FY 2027 appropriations: almost $433 million from the state
  • Lastly, the capital outlay bills appropriate $26.3 million from the general fund in FY 2029 to the state
Bills: HB4138 , HB4139 , HB4140 , HB4141 , HB4142 , HB4143 , HB4144 , HB4145 , HB4146 , HB4147 , HB4148 , HB4149 , HB4150 , HB4151 , HB4152 , HB4153 , SB1831 , SB1832 , SB1833 , SB1834 , SB1835 , SB1836 , SB1837 , SB1838 , SB1839 , SB1840 , SB1841 , SB1842 , SB1843 , SB1844 , SB1845 , SB1846
Committee: Joint Appropriations
Keywords: appropriations, education funding, health care, general fund, state budget, local funding, gaming, pari-mutuel, horse racing, regulatory assessment, first-time starters, budget implementation, federal funds, government services, budget stabilization, financial reporting, capital outlay, infrastructure, veterans services, highway construction
OK
OK

Oklahoma 2026 Regular Session

House of Representatives Second Regular Session of the 60th Legislature Day 35 Apr 6th, 2026 at 01:30 pm

Oklahoma House Floor Meeting

OK
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Feb 24th, 2026 at 04:30 pm

Appropriations and Budget

Transcript Highlights:
  • would allow for our private schools to access funds from our scholarship granting organizations for capital
  • would allow for our private schools to access funds from our scholarship granting organizations for capital
Bills: HB3622 , HB3621 , HB3151 , HB3882 , HB3661 , HB4273 , HB3644 , HB3706 , HB3708 , HB2021 , HB3986 , HB3972
Committee: House Appropriations and Budget
Keywords: HB3622, 2030 Census, Decennial Census, U.S. Decennial Census Revolving Fund, Oklahoma Department of Commerce, Commerce Department, census preparation, federal census, state treasury fund, revolving fund, continuing fund, deemed appropriated, technology upgrades, census outreach, redistricting, population count, Title 74, OMES, State Treasurer, budgeting
WA
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 19th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • Nonprofit insurance cannot readily access outside capital or parent company resources like for-profit
  • by David, and something in particular about Kaiser Permanente is that we use the same fund for any capital
  • Nonprofit insurers do not have access to capital.
  • As David mentioned, capital markets like others do; our reserves are only a safety net required by law
  • That's a 94% increase, even through a global pandemic, opening clinics, and capital investments.
Bills: SB5808 , HB2254 , HB2385 , SB6006 , SB6351 , SB6198 , SB6260 , SB6353 , SB5949 , SB6129 , SB6228 , SB6231 , SB6229 , SB6173
Committee: Senate Ways & Means
Keywords: health insurance, premium assistance, funding, healthcare access, state budget, HB 2254, Washington, Health Care Authority, partnership access line, psychiatric consultation line, first approach skills training, behavioral health, mental health, assessment, administrative costs, health carriers, self-funded plans, multiple employer welfare arrangement, MEWA, employers
NM
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 9th, 2026 at 06:36 pm

House Appropriations & Finance

NM
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 9th, 2026 at 10:03 am

Senate Finance

Transcript Highlights:
  • Recreation grants to fix up trails and other kinds of things, and there is money in a capital framework
  • So it just says facilities, but it doesn't mean that capital. Okay, thank you.
  • I think they're like legislators doing capital; it doesn't get spent. And then, Mr.
  • Doing capital only doesn't get spent. And then, Mr.
  • And some of the changes from LFC included line 4, $5 million for capital outlay tracking and administrative
Bills: HB63 , HB64 , HB184 , HB200 , HB47 , HB48 , HB2 , HB9
Committees: Senate Senate Finance , Senate House Appropriations & Finance
Keywords: water project fund, New Mexico Finance Authority, NMFA, Water Trust Board, water infrastructure, wastewater, drinking water, flood prevention, watershed restoration, water storage, conveyance, delivery, water treatment, recycling, reuse, municipal infrastructure, local government finance, capital outlay, grants, loans
AL
AL

Alabama 2026 Regular Session

Alabama House State Government Committee Feb 4th, 2026

State Government

TX
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Metro Capital, LLC, and its subsidiaries.
  • I've never heard of an asset call. ...future sales.
  • They buy an asset, right? You don't buy an asset. We buy the promise of future receivables.
  • They don't have access to bank capital.
  • The private investment is highly dependent upon the capital, and Texas banks provide the capital to small
Bills: HB245 , HB700 , HB2783 , HB3526 , HB3900 , HB4061 , HB4124 , HB4166 , HB4395 , HB4534 , HB4609 , HB4641 , HB4736 , HB4738 , HB4739 , HB4945 , HB5015 , HJR175 , HB245
Committee: House Pensions, Investments & Financial Services
Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance
MN
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee considers HF2418 4/30/25

Transcript Highlights:
  • uh come through bonding committees through capital investment.
  • </c> information and allowing for the capital information and allowing for the capital investment<00:
  • </c> uh planning for maintaining that asset uh planning for maintaining that asset going<00:05:29.919
  • </c> especially at sub paragraph 2 capital especially at sub paragraph 2 capital project<00:08:46.640
  • So, 16A.86 is capital project grants to political subdivisions.
Summary: The committee heard House File 2418 from Representative Tabke, a policy bill focused on requiring local governments seeking state bonding support to show whether they have a capital maintenance or preservation plan for the project. The bill was described as a continuation of work with Chair Lee and others to ensure that when the state invests in local capital projects, the local jurisdiction has a plan to maintain the asset over time rather than returning later for additional state funding. Representative Tabke emphasized that the proposal is not intended to block projects, but to provide information to the capital investment process and encourage responsible long-term planning. Members asked several questions about how the requirement would work in practice, including whether a “no” answer on the maintenance-plan checkbox would disqualify projects, how the rule would apply to small communities, and whether major infrastructure such as wastewater or sewer projects would be exempt. Tabke clarified that the intent is informational and that projects without a maintenance plan should raise concerns, but that the proposal would not apply to major utility projects with separate funding mechanisms. He also explained that the earlier draft had been simplified after input from MMB, and that the adopted DE4 amendment adds the requirement through section 16A.86 for political subdivisions submitting bonding requests. Chair Lee and other members supported the concept as a way to ensure state-funded assets are maintained locally and not repeatedly returned to the state for repairs decades later. One member requested clarifying language to make sure the bill does not apply to water treatment or sewer projects, and Tabke agreed that such language could be added. Tabke said the language had been developed with stakeholders including the League of Minnesota Cities, Coalition of Greater Minnesota Cities, and small cities, and that they had agreed on the approach. The committee adopted the DE4 amendment and then laid House File 2418 over for possible future consideration.
MN
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 02/25/25

Capital Investment

Transcript Highlights:
  • </c> members um we do have an asset members um we do have an asset preservation<00:12:29.440><c> requests
  • </c> requesting some critical asset requesting some critical asset preservation<00:12:43.519><c> as</
  • </c><00:16:11.240><c> investment</c> can post it on our capital investment can post it on our capital
  • </c> authorities estimate that their Capital authorities estimate that their Capital need<00:54:48.359
  • Here are some examples from the 2023 Capital Investment Bill: some asset preservation projects that are
Committee: Senate Capital Investment
MO
MO

Missouri 2026 Regular Session

Financial Institutions Feb 11th, 2026

Financial Institutions

Transcript Highlights:
  • So it gives that debtor a little bit of an asset to start over.
  • or whether it's intangible assets like bank accounts or physical assets.
  • One of the reasons why we treat assets or liabilities separately is One of the reasons why we treat assets
  • to hold capital reserves.
  • to hold capital reserves.
Committee: House Financial Institutions
FL
FL

Florida 2025 Regular Session

Banking and Insurance Mar 25th, 2025

Transcript Highlights:
  • And I put the majority of the assets into gold and silver.
  • Other investment assets and gold and silver in my opinion, are not investment asset their money.
  • This would be a known asset that would be subject to tax.
  • It's difficult to find a assets.
  • That's real assets.
MN
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 03/11/25

Capital Investment

Transcript Highlights:
  • </c><00:01:55.119><c> investment</c> typically within the capital investment typically within the capital
  • assets.
  • Every $1 that's invested in capital asset construction is cycled through the have a little more influence
  • </c><00:47:53.760><c> assets.
  • </c> Minnesota's capital assets. Minnesota's capital assets.
Committee: Senate Capital Investment
FL
FL

Florida 2026 Regular Session

Banking and Insurance Mar 25th, 2025

Banking and Insurance

Transcript Highlights:
  • They would be simply money, and that's a taxable asset.
  • This would be a known asset that would be subject to tax.
  • This would be a known asset that would be subject to tax.
  • A known asset that would be subject to tax.
  • That's real assets.
Committee: Senate Banking and Insurance
Summary: The committee first took up SB 794, as amended by a late-filed strike-all, which would require a human being to make insurance claim denial decisions and prohibit artificial intelligence from being the sole basis for a denial. The sponsor said the bill was intended to preserve human oversight while allowing innovation in claims processing. Public testimony included support from the Florida Insurance Consumer Advocate and the Florida Medical Association, along with one speaker urging additional protections for homeowners. The committee adopted the strike-all and reported SB 794 favorably with committee substitutes. Members then heard SB 134, which removes the $500 threshold on the sales tax exemption for bullion, making sales of gold, silver, and platinum bullion fully exempt and eliminating certain dealer documentation requirements. Supporters argued the change would reduce a regressive tax and help consumers preserve savings; the sponsor estimated a revenue impact of about $300,000. The bill was reported favorably. The committee also adopted a strike-all on SB 888, which directs the Office of Insurance Regulation to create a more consumer-friendly homeowners insurance website with premium comparison information, market data, rate filing access, and educational resources. The sponsor and Leader Boyd said the goal was to improve transparency and help consumers navigate a stabilizing market. SB 888 was reported favorably with committee substitutes. The final bill heard was SB 1578, covering mammograms and supplemental breast cancer screenings. The sponsor said it would expand coverage requirements in ACA plans and private insurance policies, including annual mammograms for women ages 40 to 50 and supplemental screening coverage, while noting Medicaid already provides these services. The Florida Insurance Consumer Advocate waived in support, and the bill was reported favorably. After the bills, the committee held a lengthy panel discussion on gold and silver as legal tender and transactional money, with testimony from officials from Utah and Florida, industry representatives, and advocacy groups. Panelists discussed constitutional authority, consumer protections, depository oversight, taxation issues, and possible transactional platforms for precious metals. No further action was taken after the discussion, and the committee adjourned.
AR
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING-EDUCATIONAL INSTITUTIONS Feb 12th, 2026

LEGISLATIVE JOINT AUDITING-EDUCATIONAL INSTITUTIONS

Transcript Highlights:
  • During our examination of capital assets, the following discrepancies were noted: the district failed
  • Eight items with an initial cost of $200,000 were included as capital asset additions, but due to errors
  • , the asset values were not included in the total active assets and the total ending balance.
  • And in their samples that they pull for capital assets, they may have pulled other items that the school
  • Was that prior finding related to misclassification on the capitalization of the assets on construction
Committee: All LEGISLATIVE JOINT AUDITING-EDUCATIONAL INSTITUTIONS
Summary: The meeting opened with prayer and approval of the January 8 minutes, then moved to review of education audit reports. The first report concerned Northwest Arkansas Community College, which had three findings, including repeat internal control deficiencies that caused financial statement misstatements and a tuition revenue loss tied to a new student information system. College officials said the issues were largely misclassification and process problems, not missing money, and described corrective steps such as monthly closing checklists, approval controls for journal entries, cross-training, and efforts to address staffing turnover and fill finance vacancies. Members asked about the tuition issue, whether students were notified or billed, and whether the software problem affected other institutions; audit staff said they were not aware of the same scenario elsewhere. The committee then filed the report as reviewed. The next report was Cedarville School District, which had one finding involving $794 in improper credit card charges by a resigned elementary teacher. The district was reimbursed, a police report was filed, and the matter was referred to the Professional Licensure Standards Board; members asked whether any further action or license-related consequences were known, but staff said they were not aware of additional action. The report was filed as reviewed. The final finding was for West Memphis School District, where auditors reported repeat capital asset issues, including failure to capitalize about $851,000 in construction costs for a baseball-softball complex and problems with inventory and asset inspection. The superintendent said the district had recently begun using Legislative Audit after prior private audits, and described new controls such as multi-level purchase approvals, separation of duties, tagging of equipment, and a cleanup of old inventory records. Members also discussed the relationship between private audits and Legislative Audit reviews, with staff explaining that private audit reports for public school districts still come before the committee and that the executive committee determines when Legislative Audit performs an audit. The committee filed the West Memphis report as reviewed and noted that 28 school districts had no findings before adjourning.
CA
CA

California 2025-2026 Regular Session

Assembly Utilities and Energy Committee Mar 26th, 2025

Transcript Highlights:
  • So the biggest driver by far is CAPEX, capital expenditure.
  • average cost of capital, or WACC.
  • First, let me highlight the key role of capital structure.
  • So they would be able to dispose of certain assets.
  • Private capital says this looks like a good deal.
Summary: The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members. The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open. The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.
CA
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee Mar 3rd, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • So the cost of capital is divided between capital raised through debt, usually by selling bonds, and
  • So the cost of capital is divided between capital raised through debt, usually by selling bonds, and
  • It includes costs like operations and maintenance and long-lived capital assets that are recovered over
  • Utilities operate in capital markets. They compete for investment capital just like other firms.
  • We have a cost of capital adjustment mechanism that can move the cost of capital over time.
Committee: Senate Energy, Utilities and Communications
Summary: The Senate Committee on Energy, Utilities and Communications held an oversight hearing focused on electric rates, utility regulation, affordability, wildfire costs, and the California Public Utilities Commission’s role. Chair and members framed the discussion around the challenge of transitioning to a cleaner grid while maintaining reliability and keeping bills affordable. The hearing also served as the annual update from the CPUC and the Public Advocates Office, with testimony from Professor Severin Borenstein and CPUC President-designate Alice Reynolds. Borenstein gave a primer on utility regulation, explaining that generation is largely deregulated while transmission and distribution remain regulated, and that most rate-setting follows cost-of-service regulation. He emphasized that the hardest issue is setting the allowed return on equity: too high can raise bills and encourage capital-heavy spending, while too low can deter investment and harm reliability. He argued there is no silver bullet, said performance-based regulation and price caps have limits, and suggested some costs now charged through electric bills—such as climate programs, low-income subsidies, and wildfire-related public policy costs—might more appropriately be paid through the state budget. Reynolds described the CPUC’s oversight role, saying the commission reviews utility spending through general rate cases, balancing accounts, and other proceedings, and that affordability is addressed through front-end scrutiny, post-spend accountability, and legislative direction. She highlighted wildfire mitigation as a major driver of rate increases, noted recent progress on clean energy procurement and battery storage, and said the CPUC is working on return-on-equity decisions, FERC advocacy on transmission costs, and implementation of SB 254 and other statutes. Members pressed on a range of issues, including wildfire securitization, load growth from EVs and data centers, gas-system stranded assets, balancing accounts, and a water-service dispute in Keene involving Union Pacific. No votes were taken; the hearing was informational, with several follow-up commitments from the CPUC to provide data and updates.
NM
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Nov 5th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • It summarizes our strategic capital and our strategic venture capital program that focuses on how we
  • Finally, it's more about capital.
  • Venture capital, if managed well, can produce higher returns than any of our other asset classes.
  • We are invested in about 25 different venture capital funds.
  • We also similarly have tiny. asset classes.
Committee: House Investments & Pensions Oversight Committee
MN
MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 03/03/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • </c> otherwise have access to the capital otherwise have access to the capital required<00:13:45.880>
  • </c><00:47:43.440><c> streams</c> that have much larger Capital streams that have much larger Capital
  • </c><00:53:07.319><c> which</c><00:53:07.599><c> is</c> liquidate the assets which is liquidate the assets
  • Every loan will have a different capital stack, with different funding sources in the capital stack.
  • different funding sources in the capital different funding sources in the capital stack<00:58:16.640
Committee: Senate Energy, Utilities, Environment, and Climate
NH
NH

New Hampshire 2025 Regular Session

Health and Human Services Oversight Committee (12/19/2025)

Transcript Highlights:
  • </c> trying to protect against is asset trying to protect against is asset transfers<00:27:19.120><c>
  • I think that this balancing act of, you know, if the asset verification system is saying there's no asset
  • I want one for my own mess. asset verification system is you know asset verification system is you know
  • So so there's no asset transfers.
  • </c> is this is what you get for capital is this is what you get for capital projects,<00:38:52.880><
Summary: The committee met on December 19, 2025, approved the draft minutes from the November 21 regular meeting, and received a DHS commissioners update. Patricia Tilly reported on the state’s rural health transformation application, saying CMS had provided only one question and positive feedback, that the final federal award amount was still pending, and that DHS was preparing an accept-and-expend item for fiscal review using an up-to amount. She also said the new Hampstead YDC facility remains on track, with substantive construction expected by late summer 2026 and move-in likely in early January 2027. In response to questions, she confirmed the playground/outdoor activity area had been in the original design and was added when funding became available. Henry Litman, Medicaid director, discussed the Senate Bill 248 study committee report on palliative and hospice care. He explained the distinction between palliative care, which can be provided while a patient still seeks curative treatment, and hospice care, which involves electing not to pursue curative services. He said the committee’s work pointed to a need for better education for providers and the public, and described ongoing conversations with the Foundation for Healthy Communities and Home Health and Hospice about developing materials and possibly addressing how palliative services are bundled. He also said the study committee itself did not generate future legislation, though members could pursue it separately. Litman then answered questions about Medicaid eligibility and long-term services and supports, including delays in processing, the backlog from pandemic-era redeterminations, and efforts to speed reviews. He said the department is using temporary staffing funded in part by last session’s legislation, working with the New Hampshire Healthcare Association, counties, and UNH Law to streamline policy and training, and relying more on electronic asset verification while still guarding against improper asset transfers. He emphasized the goal of balancing faster access to benefits with compliance and fraud prevention. Robert Rodler followed with the annual tuition waiver update for children in foster care or guardianship. He reported 82 applicants and 65 waivers granted, including 35 for USNH schools and 30 for the community college system, and noted a correction would be issued for inaccurate continuing/new student figures in the report. Senator Gray said he intends to pursue a separate budget appropriation for these tuition waiver costs in the future so the funding would be clearly identified and easier to track. No additional votes were taken beyond approval of the minutes.