Transcript Highlights:

• </c> switches and sort of the aggregation switches and sort of the aggregation what<00:06:28.000><c>
• </c><00:21:35.760><c> as</c> would be event default on the bonds as would be event default on the bonds
• </c> with KEFA to issue taxexempt bonds. with KEFA to issue taxexempt bonds.
• KEDA issued the bonds, with, right?
• ><c> the</c> The First Amendment limits the The First Amendment limits the government's<00:41:44.960>

Keywords: Meeting Start 00:00:00 KentuckyWired Communications Network Authority 00:01:20 Artificial Intelligence and Free Expression 00:38:40, 958, all

Summary: The committee questioned KCNA officials about the Kentucky Wired network refresh, focusing on whether the equipment truly needed replacement now and what the vendor end-of-support dates were for the network’s layer 1, 2, and 3 equipment. Senators and representatives pressed for invoices, purchase orders, and vendor documentation, and KCNA staff explained that end-of-support dates vary by specific model and component, not just by broad product family. KCNA agreed to provide a detailed list of components, part numbers, and support dates, and acknowledged that some requested documentation had not yet been produced. A major point of discussion was the timing of the system refresh. KCNA said the 10-year refresh schedule comes from the project agreement, specifically Schedule 19, Section 2.1B, which requires the first system refresh to be completed by September 3, 2026. Committee members argued the network equipment appears to remain in service life for at least the next two years and questioned why an upgrade would be needed immediately. KCNA responded that failing to complete the refresh could excuse the service provider from contractual obligations and could constitute a material breach or default under the project and bond documents. Members also asked about network capacity and the impact on schools and state users. KCNA said it would need to check with Quark for an exact utilization figure, while the chair cited prior testimony that schools account for about 80% of traffic and KCNA about 20%. The committee raised concerns about schools not connected to the network and the effect of KCNA’s actions on continuity of service, while KCNA disputed that K-12 service had been put at risk. KCNA also explained the contract and payment structure: the Commonwealth’s project agreement runs through Kentucky Wired Infrastructure Corporation/Quark, with KEDA-issued bonds and funds flowing through Quark in a waterfall structure. The meeting ended with KCNA agreeing to request underlying vendor invoices from Quark, provide the requested contract documents, and supply information on the status of the wholesaler replacement procurement and related litigation. No formal vote was taken.

Transcript Highlights:

• </c> limitations sponsored by Williams. limitations sponsored by Williams.
• So the amendment simply aggregates to the full $7.6 million instead of limiting the unanticipated cost
• So the amendment simply aggregates to the full $7.6 million instead of limiting the unanticipated cost
• So the amendment simply aggregates to the full $7.6 million instead of limiting the unanticipated cost
• </c> got to solve in the debt limitation. got to solve in the debt limitation.

Keywords: 916, all

Transcript Highlights:

• In this particular case, this also includes several of the... severance tax bond projects that you all
• And so we do use a portion of federal funds to pay back the debt on existing bonds now.
• On that, on 380, I know one of our contractors had an issue with bonding.
• The bonding authority—why don't you just get those to written response?
• So in the aggregate, Mr.

Transcript Highlights:

• for appropriations to reimburse Montgomery County for administrative fees, including some of their bond
• whether it's an MOU between the mental health facility and the state to help, you know, offset cost of bonds
• Many times these are collected on an aggregate aggregate level, so they would have some trouble implementing
• to pursue, uh, they would recommend broadening the scope to third-party data sources rather than limiting
• program that they've set up, so I would strongly want to consider it, but I understand that we've got limitations

Transcript Highlights:

• , including a significant number of charter bonds that have junk ratings.
• These bonds are paid back.
• Um, so I limited, we limited our analysis to what it would take us to implement the bill, uh, with, with
• That's why we put people on our bond committee, our bond oversight committee who were very critical of
• our bond.

Transcript Highlights:

• The TCEQ's bond review process is aimed at reviewing and approving primarily tax-secure bonds issued
• the financial transaction must be reported to the Texas Bond Review Board just like any other bond.
• Things are limited by that air permit, and it sets limitations on.
• But, as you know, there's limits.
• Education. schools are located inside city limits.

Bills: HB1520, HB1525, HB1530, HB1535, HB2068, HB2091, HB2347, HB2372, HB2805, HB2815, HB2867, HB3154, HB3482, HB3483, HB3663, HB3781, HB3901, HB3915, HB4135, HB4153, HB4158, HB4329, HB4331

Keywords: Angelina and Neches River Authority, river authority, Sunset Advisory Commission, Texas Sunset Act, Special District Local Laws Code, local government, natural resources, board of directors, director training, board governance, public testimony, open meetings, public information, conflict of interest, ethics, complaint system, general manager, board president, staggered terms, removal of director

Transcript Highlights:

• Let me look at the time so I can stay within my time limit.
• You and I will forever be bonded in our cybersecurity drama, and it is life-changing.
• But the Fair Plan limits you because if you have a mortgage...
• Surety bonds—we're required to carry surety bonds for individuals... ...in like for notaries and that
• I'm sorry, is there an aggregate number of... is that... that's what I'm trying to...

Transcript Highlights:

• Hiko still is in junk bond pay for.
• Last year, you begged us to give you securitization as well as limited liability.
• Um, so our financial rating has improved a bit. >> You're still in junk bond status.
• The fact of the matter is you're still in junk bond status.
• So there's very limited consumer risk issues that are out there.

Bills: SB3326, SB2911

Keywords: renewable energy, energy storage, cost reduction, public utilities commission, Hawaii energy policies, intoxicating liquor, direct shipment, breweries, distilleries, Hawaii, 912, senate, all

Summary: The committees heard SB 3001 on artificial intelligence in a joint Commerce and Consumer Protection/Labor and Technology hearing. Testimony included support from the Department of Education and Google, comments from the Office of Consumer Protection and the Attorney General’s office, and late opposition from Agentic LLC. The Attorney General raised constitutional and vagueness concerns and suggested clarifying amendments, while Google said the bill’s risk-based approach and proposed amendments could help establish industry-wide safety standards for minors. The committees recessed and then voted to pass SB 3001 with amendments, adopting DCCA/OCP recommendations on data minimization for minors and UDAP clarity, the Attorney General’s proposed clarifications and deletions, and Google’s nonconflicting amendments; the effective date was deferred to July 1, 2050. The vote passed unanimously among members present, with some members excused. The Commerce and Consumer Protection committee then took up several previously heard measures in decision-making. SB 2045 on combat sports passed with amendments reflecting DCCA and boxing commission recommendations, including clarifying the on-site medical professional requirement, reporting duties, promoter payment, removal of the combat sports registry and ambulance requirement, and other technical changes; the effective date was deferred to July 1, 2050. SP 2347 on the residential landlord-tenant code passed with amendments striking landlord requirements so OCP could work on a multilingual tenant-rights notice, and SP 2495 on consumer protection passed with amendments requiring OCP to publish an annual report on potential code violations. SB 2777 on insurance was deferred to February 17, 2026 for further decision-making. At a later CPN decision-making agenda, SB 2471 and SB 2829, both relating to the powers of artificial persons, passed with amendments clarifying the preamble, removing language about foreign artificial persons, and making other consistency and non-substantive changes; both effective dates were moved to January 1, 2027. SP 2033 on renewable energy also passed with amendments clarifying the definition of grid-ready homes, cost-sharing provisions, applicability to interconnecting customers, and safety/certification compliance, with the effective date deferred to July 1, 2050. In each case, the committee voted to adopt the recommendations without objections from members present. The committees also heard SB 3000 on insurance, which would authorize the Attorney General to bring civil actions to recover costs and losses tied to climate-attributable harm and future climate risk, including costs incurred by state insurance-related entities. The Insurance Division and Attorney General’s office offered comments seeking clarification and warning about redundancy, implementation issues, possible representation of private insurers, and concurrent litigation concerns. Supporters, including the Center for Climate Integrity, a resident testifier, Sierra Club, and Green America, argued the bill would help shift insurance costs to fossil fuel companies responsible for climate harms and address rising premiums and nonrenewals in Hawaii. Opponents, including the American Petroleum Institute, argued the bill singled out one industry, raised constitutional concerns, and should be deferred because related climate litigation is already pending. The transcript ends with the committee continuing testimony and discussion on SB 3000 and then moving into SB 3326 on energy, where the consumer advocate and Hawaiian Electric opposed the bill’s proposed separation of generation from transmission and distribution, while the PUC stood on written testimony, Retail Merchants of Hawaii supported it, and Life of the Land raised concerns about assumptions and the need for more substance.

Transcript Highlights:

• It's 18.4 cents if you're wanting an aggregate number. I do not have that.
• Conviction before moving forward on an aggregate offense. Thank you for the question.
• On line 21, it says any person who was convicted of the aggregate offense.
• The timelines were generally, but they can always request a bond hearing.
• Is there a lower limit on how much milk they can produce and not be called a dairy farm.

Bills: HJR1088, HJR1090, HJR1091, HB1370, SB2154, HJR1092, HJR1093, HJR1095, HJR1099, HJR1100, HB3021, SB893, SB206, SB248, SB259, SB423, SB563, SB604, SB633, HJR1077, SB667, SB1224, SB1257, SB1264, SB1319, SB1360, SB1437, SB1531, SB1543, SB1806, HB3004, SB1572, HB4342, SB1618, SB2, SB237, SB1632, SB1687, SB1726, SB1859, SB1894, SB1461, HB4432, SB1948, SB1589, SJR52, SR46, HCR1030, SB2071, SB2182, SB1451, HJR1088, HJR1090, HJR1091, HJR1092, HJR1093, HJR1095, HJR1096, HJR1099, HJR1100, SB2185, SB893, HB3021, SR46, SB206, SB237, SB248, SB259, SB423, SB563, SB604, SB625, SB633, SB667, SB1224, SB1257, SB1264, SB1319, SB1360, SB1378, SB1437, SB1531, SB1543, SB1572, SB1618, SB1632, SB1687, SB1726, SB1806, SB1859, SB1894, SB1948, SB2071, SJR52, HB1370, HJR1077, SB2, SB1451, SB2182, HCR1030

Keywords: education rules, administrative rules, joint resolution, Oklahoma State Department of Education, higher education, State Regents for Higher Education, Teachers' Retirement System, charter schools, Statewide Charter School Board, career and technology education, CTE, OEQA, rule approval, legislative oversight, permanent rules, school governance, teacher retirement, education agencies, Oklahoma Register, Department of Agriculture, Food, and Forestry

Transcript Highlights:

• In order to hear as much from the public within the limits of our time, we will not permit disruptions
• And as a reminder, testimony is limited to two witnesses each on both the support and opposition side
• And as a reminder, testimony is limited to two witnesses each on both the support and opposition side
• Community Choice aggregators, or CCAs, are non-profit local government agencies that procure energy..
• My understanding of it, too, is there's limits on when that pathway can be followed, and so it is not

Keywords: 988, house, all

Transcript Highlights:

• It specifies criteria for prioritization of grant applicants and it limits the use of the bond proceeds
• And then section seven on page six is, um, increases the cap on the aggregate sum of total bonded indebtedness
• the use of the applicants and it limits the use of the bond<01:15:09.600><c> proceeds</c><01:15:10.400
• bonding bonding grant.<01:22:32.199><c> Yeah.
• </c> bonding bill, everybody. Let's do it. bonding bill, everybody. Let's do it.

Keywords: 1187, senate, all

Transcript Highlights:

• It would allocate $50 million in bond money for the Healthy Homes Program.
• Funding in this enormous bond bill of almost $4 billion.
• They talk about when consent may be limited in instances.
• They talk about when consent may be limited in instances.
• So it must be limited as to time, place, and scope.

Keywords: 995, all

Summary: The Senate took up a major environmental bond bill with amendments covering climate resilience, housing health, plastics reduction, coastal protection, fisheries, and related regulatory issues. Early debate included Senator Keenan’s withdrawn amendment to fund the Massachusetts Healthy Homes Program with $50 million, followed by his adopted amendment banning hotels from providing plastic toiletry packages. Senator Tarr’s amendment to remove the paper bag charge was defeated after extended debate over whether the 10-cent bag assessment functioned as a tax; a related floor speech from Senator Duner argued the fee would burden working families. The chamber also adopted Senator Fernandez’s ocean acidification amendment, which would aggregate ocean monitoring data to support shellfish, water quality, and coastal management, with support from Senators Sear and Driscoll. Other adopted measures included Driscoll’s Houghton’s Pond multi-use trail, Montigny’s New Bedford State Pier redevelopment and harbor oil-recovery provisions, Collins’s Commonwealth Conservation Commission later withdrawn, and several coastal resilience and housing-related amendments. The Senate also approved a series of environmental and public health measures. Senator Moore’s rodenticide restriction amendment was adopted after testimony from animal welfare and conservation groups, with the sponsor describing harms to wildlife, pets, and livestock and noting local municipal support. Senator Lewis’s amendment directing DEP to study the feasibility of banning polystyrene was adopted, as was Senator Mark’s Massachusetts Climate Bank amendment and Senator Edwards’s carbon sequestration amendment expanding attention to salt marshes, seagrasses, and waterways. The chamber adopted amendments on equitable representation, improving indoor air quality, and a Douglas State Forest trust fund that would raise the entry fee from $1 to $2 for maintenance. Several amendments were withdrawn, including Collins’s urban coastal resilience commission and Tarr’s proposed Commonwealth Conservation Commission. Housing and permitting issues were another major theme. Senator Driscoll’s amendment requiring local confirmation before a project is designated a priority housing project was defeated, but his related amendments clarifying the process and requiring consultation with the Housing and Livable Communities Secretary were adopted. The Senate also adopted Crichton’s amendments streamlining permitting for coastal resiliency projects in urban areas and creating a five-year pilot for nature-based solutions, as well as Tarr’s amendment adding dredging and sand placement to general coastal permits. Tarr’s amendment to revise the Salisbury Beach Preservation Trust Fund was adopted, while his later constitutional challenge to a landform-migration provision was withdrawn after he argued it could amount to an uncompensated taking. The session ended with the Senate noting only two amendments remained and then adjourning in memory of Quincy’s former mayor James A. Sheets.

Transcript Highlights:

• In order to hear as much from the public within the limits of our time, we will not permit disruptions
• As a reminder, testimony is limited to two witnesses each on both the support and opposition side.
• Community Choice aggregators, or CCAs, are non-profit local government agencies that procure energy,
• Community Choice aggregators, or CCAs, are non-profit local government agencies that procure energy and
• My understanding of it, too, is that there are limits on when that pathway can be followed, and so it

Summary: The Assembly Committee on Utilities and Energy met without a quorum at first and proceeded as a subcommittee, then later established quorum and took up three bills. AB 1715, by Assembly Member Schiavo, would require the CPUC to create a searchable online database of utility advice letters, responses, and resolutions dating back to 2020, and add quarterly reporting on taxpayer-funded loans and grants to investor-owned utilities. Supporters, including TURN, said the bill would improve transparency and accountability around utility financing and ratepayer savings; no formal opposition testified, though SDG&E and SoCalGas said committee amendments addressed their main concerns. The bill was moved do pass as amended to Appropriations and ultimately passed 16-0. AB 1761, by Assembly Member Rogers, would improve transparency around the PCIA charge paid by community choice aggregators and other departing load customers by allowing advance access to data used in the calculation through an existing CPUC nondisclosure process. CalCCA, several CCAs, local governments, and clean energy groups supported the bill, arguing that current PCIA-setting practices are opaque and can cause rate shock; IOUs opposed, citing concerns about market-sensitive data and noting an existing CPUC process they said had not been fully used. After discussion of confidentiality protections and the committee amendments, the bill passed 15-0 to Appropriations. AB 1787, by Assembly Member Schultz, would require the CPUC to direct the large investor-owned utilities to offer optional dynamic rate tariffs once smart meter and related system upgrades approved on or after January 1, 2027 are in place. Supporters said dynamic pricing can help customers shift usage to lower-cost, cleaner periods and reduce peak demand costs, while opponents from PG&E, SDG&E, and SCE argued the bill was too prescriptive, could conflict with ongoing CPUC proceedings, and might create cost or implementation issues. The author said he would continue working with opponents and accepted committee amendments; the bill passed 13-0 to Appropriations. All three measures were reported out, and the committee adjourned.

Transcript Highlights:

• It has the November election for just property tax increase component and then the no tax increase bond
• So I'm trying to understand sort of again the aggregate value of personal property.
• So I'm trying to understand, sort of again, the aggregate value of personal property.
• The aggregate value of the property within that taxing jurisdiction, it could just be times are good
• And it doesn't appear that your sentence that you're adding is limited to motor vehicles.

Summary: The Special Committee on Property Tax Reform met in quorum and first took up House Bill 2780 in executive session. Members discussed a committee substitute and two amendments. One amendment changed the proposed school levy floor from $1.50 to $2.20, with supporters saying it better balanced local effort and taxpayer relief; another technical amendment clarified confusing language about levy limits. After adopting the substitute and amendments, the committee voted House Committee Substitute Number Two for HB 2780 do pass by 11-5. The committee then considered House Bill 2668, which bundled several property tax election and ballot-related changes, including tax abatement language, clearer ballot wording, alphanumeric designations, debt-service clarification, a November election requirement for property tax increase measures, and related bond language. Members asked whether new construction language remained in the bill, and the sponsor said it did not. The committee adopted the substitute and then voted House Committee Substitute Number Two for HB 2668 do pass by 9-6. Next, the committee heard and approved House Bill 2944 after adopting Amendment 06H. The amendment, offered with support from county collectors and the sponsor, would streamline administration of senior property tax credits by reducing annual reapplication burdens, allowing county offices to verify eligibility through state resources or lists, and adjusting deadlines for mailed payments and assessor notices when postal delays or technical problems occur. Members raised questions about trusts, residency, fiscal impact, and whether the language was broad enough, but the amendment was adopted and the committee then voted the substitute do pass 15-0. In public hearing, Representative Taylor presented House Bill 2667, which would allow counties to create a prorated property tax credit for totaled motor vehicles and would also exclude increases in aggregate personal property valuation from being treated as new construction. Committee members and an informational witness from the Missouri Special Districts Association raised concerns about fairness, administrative complexity, multi-county district consistency, and possible impacts on special taxing districts. No vote was taken on HB 2667 before the hearing was closed and the meeting adjourned.

Transcript Highlights:

• The climate bond allocates $300 million for climate-smart agriculture over the lifetime of the bond.
• term there is a challenge to hire in limited term staff though government code stipulates that limited
• and consistent with bond requirements.
• But it's only one bond that made it through the Legislature, and that was this climate bond.
• the bond.

Keywords: 988, house, all

Transcript Highlights:

• In order to hear as much from the public within the limits of our time, we will not permit disruptions
• I will now be presenting AB 2396, which would allow community choice aggregators, or CCAs, to develop
• I'm accepting the committee's amendments to limit this authority to projects that are eligible for the
• I'm accepting the committee's amendments to limit this authority to projects that are eligible for the
• I'm Stephanie Chen with MCE, California's first community choice aggregator.

Keywords: 988, house, all

Transcript Highlights:

• And if you were mentioning that you sort of do this data in the aggregate, well, let's just say you find
• So we certainly are open to that and have no limits against it.
• market if they're interested in issuing a bond.
• And we are the nation's largest bond counsel, including representing the state of California, and also
• And we are the nation's largest bond counsel, including representing the state of California, and also

Keywords: 987, senate, all

Transcript Highlights:

• folks are expected to testify within the Those folks are expected to testify within a three-minute limit
• And meanwhile, use a bond, which has a carrying cost of like 1% to pay that interconnection.
• Why does a bond have a carrying cost of 1%?
• But there are financing charges as well attached to that bond.
• As a society, we continue to confuse need, desire, and the reality of the limitations of growth.

Keywords: 995, all

Summary: The committee heard testimony on a wide range of energy bills, with much of the discussion focused on offshore wind, battery storage, solar, nuclear study proposals, and a bill to redefine clean energy. Several Barnstable-area legislators and witnesses raised concerns about offshore wind transmission infrastructure near neighborhoods, beaches, and drinking water supplies, and supported bills to create a special commission and increase local input and oversight. In contrast, environmental, consumer, labor, and clean energy groups strongly backed offshore wind expansion bills, arguing that offshore wind lowers long-term costs, improves winter reliability, reduces fossil fuel dependence, supports jobs and local supply chains, and should include wildlife protections, labor standards, and community benefits. Some witnesses and committee members noted that parts of the offshore wind legislation overlap with the Governor’s energy affordability bill, and asked for clarification on which provisions were new versus duplicative. The committee also heard testimony on battery storage and solar legislation. Two student witnesses and several industry representatives supported a bill to study grid battery storage, saying storage can reduce outages, lower peak prices, and improve grid resilience during extreme weather. Witnesses from solar and storage companies supported a broader clean energy transition bill that would expand storage procurement, create a retail-style storage program for distributed batteries, set a 10-gigawatt solar target by 2035, and streamline siting and interconnection. Committee members pressed witnesses on whether these provisions were already included in the Governor’s affordability bill and asked for a section-by-section breakdown of what was new. One witness also urged allowing developers to bond interconnection payments to reduce financing costs. Another major topic was a bill defining clean energy, especially whether existing pumped-storage hydropower should qualify for subsidies or be excluded. Supporters of the bill argued that existing pumped storage should not receive additional ratepayer subsidies because it is already built, can have environmental impacts on rivers and ecosystems, and could cost ratepayers hundreds of millions of dollars. Opponents said pumped storage is an important reliability resource and should remain eligible. The committee also heard testimony on nuclear-energy study bills: some witnesses supported creating a commission to examine nuclear power as a reliable, carbon-free option, while others opposed nuclear study bills and argued that nuclear is costly, unsafe, and inconsistent with the state’s clean energy goals. No votes were taken during the hearing.

Transcript Highlights:

• So it limits what kind of size of a building you can build, and that is a deterrent to maybe using it
• In California, demand is limited by the fears associated with modular construction, like water damage
• Because if that's just one example of many, you know, and I've got a $10 million housing bond that we're
• When government provides clear, aggregated demand, industry responds.
• Back on the trading floor on Wall Street, I traded corporate bonds and derivatives, and what we need

Keywords: 988, house, all

Summary: The Select Committee on Housing Construction Innovation held its first hearing to examine how factory-built, modular, and other industrialized construction methods could help lower housing costs and increase production in California. Chair Buffy Wicks and several members described recent fact-finding trips to Sweden, Idaho, and Indiana, and said the committee’s goal is to identify state policy changes that could support innovation, reduce construction costs, and create a more reliable pipeline of projects. Members emphasized the need to think beyond traditional site-built housing, especially given the state’s affordability crisis and labor shortages. Ben Metcalf of UC Berkeley’s Turner Center outlined the core problem: California faces a large housing shortfall, construction costs are far higher than in other states, and productivity in construction has lagged other industries. He said factory-built housing can reduce hard costs and timelines under the right conditions, but barriers remain, including financing structures built for site-built projects, local design review and code variation, weak demand certainty for factories, and fragmented research and data. He pointed to examples where modular projects saved time and money, and said the state could help by improving financing tools, standardizing approvals, supporting research and testing, and creating more predictable demand. Developers and builders then described their own projects and policy ideas. Pacific Company’s Caleb Rupp said modular projects can save time and roughly 20% in cost, but need stable pipelines and policy changes such as tax or fee incentives, easier state funding draws, and limits on local code variation. Mutual Housing California’s Lois Kim said a committed pipeline of six projects across multiple jurisdictions helped her organization secure scale and reduce costs, but that state support and more flexible funding would help overcome risk aversion. Danny Haber of O’WOW described mass timber and componentized construction as ways to cut costs dramatically, and argued that outdated codes, utility hookup fees, and financing costs are major obstacles. Donna Jamian of Emergent Construction said 3D concrete printing has already produced homes and a commercial project in California, but broader adoption is slowed by code gaps and the need for clearer approval pathways, especially for disaster recovery rebuilding. Committee members asked about incentives for cities, state purchasing of units, code standardization, financing support, and how to build confidence in the sector after failures like Katerra; no votes were taken.

Transcript Highlights:

• So the limitation we have is that we need to have lenders who are working within those areas who are
• So we certainly are open to that and have no limits against it.
• We certainly are open to that and have no limits against it.
• a bond.
• Showing a taxable bond.

Summary: The Senate Rules Committee met to consider several routine items and a gubernatorial appointment. The committee approved appointments not required to appear for Gina Castro Rodriguez to the Board of State and Community Corrections, Richard Stein to the California Arts Council, and Nicholas Hardiman to the California Housing Finance Agency Board of Directors. It also approved references to bills, committee and joint committee appointments, subcommittee ratifications, and floor acknowledgments. A rule waiver request from Senators Perez and Padilla to suspend the SR 22.5 bill-introduction limit was approved on a divided vote. The committee then heard testimony from Andy Nakahata, nominee for executive director of the California Infrastructure and Economic Development Bank (iBank). Nakahata described his background in infrastructure finance and said he would focus on stewardship, expanding awareness of iBank programs, and working with lenders, financial development corporations, and municipal advisors to reach more counties and communities. Members asked about equitable geographic access, creditworthiness standards, outreach to underserved areas, support for financially distressed hospitals, and the new California Transmission Accelerator program. Nakahata said iBank can work with public and nonprofit health care entities, that transmission financing would be a portion of larger project capital stacks, and that the bank’s role is financing rather than regulating utility tariffs or transmission costs. Public witnesses from the finance and legal sectors testified in support of Nakahata, praising his expertise and leadership. No opposition testimony was offered. The committee then voted unanimously to advance Nakahata’s nomination to the full Senate for confirmation.