Video & Transcript Research : 'bonding'
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NM
New Mexico 2025 Regular Session
Other - PSCOC Aug 27th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Assigning bond money to particular projects is a difficult thing for them.
- It only means that, you know, they're bonded to a certain capacity and they meet those other kind of
- But we've had a series of failed bond issues.
- We’re proud of our maximum bonding capacity right now.
- General Fund; we are completely out of our bond sales, so the supplemental Sandford's tax bonds.
TX
Transcript Highlights:
- Bonds carry high interest rates and are repaid by policyholders.
- The bill does away with bond debt as a tool in TWA's toolbox.
- bonds is over a 10-year period.
- I think the last bond they issued was at about 8.25%.
- It it removes the catastrophe bonds. It replaces the catastrophe bonds with this, yes, yes.
TX
Transcript Highlights:
- House Bill 3887 increases payment and performance bond dollars thresholds to $150,000 for public work
- Projects must take out certain surety bond, surety bonds, including payment bonds and performance bonds
- Current state law requires payment bonds for contracts in excess of 25,000. $25,000 in performance bonds
- Payment bonds ensure the general contractor pays all or all of his or her subcontractors and suppliers
- House Bill 3887 raises that threshold for payment bonds from $25,000 to $150,000 and performance bonds
MN
Minnesota 2025 1st Special Session
House Legislative Leader Media Availability 6/6/25
Minnesota House Floor Meeting
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jun 2nd, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- Uh, bonded program.
- Um, we have a, actually a whole bond website that you can go to and see what our bond, who owns our bonds
- We buy a lot of school bonds, water system loans.
- Um, has the downgrading of New Mexico's bond rating affected NMFA's bond rating in any way?
- rating on state bonding rating.
DE
Delaware 2025-2026 Regular Session
Delaware Nuclear Energy Feasibility Task Force Jun 29th, 2026
Transcript Highlights:
- , they are appropriation bonds.
- I think they have their own bonding authority.
- I think they have their own bonding authority.
- They don't have the ability to do revenue bonds.
- E, issue revenue bonds.
Summary:
The meeting focused on finalizing recommendations from the Delaware Nuclear Energy Task Force, with most of the discussion centered on how the state should organize itself to evaluate and potentially pursue nuclear power. Public commenters strongly supported nuclear energy, emphasizing energy reliability, economic competitiveness, data center demand, and the need for Delaware to act quickly. Several speakers argued that Delaware is falling behind neighboring states and should not delay if it wants to attract developers and preserve access to federal tax incentives.
Members then worked through revisions to the recommendations, especially the section on state actions moving forward. There was broad agreement that Delaware needs a clearly empowered leadership structure, but disagreement over the best form: a cabinet-level energy agency, an expanded existing agency such as DENREC, a dedicated coordinator, an expanded Sustainable Energy Utility, or a separate quasi-independent authority. Some members favored a nimble, one-off entity with bonding and financing authority; others cautioned against creating a new body outside state government and stressed the need for coordination with existing agencies, public oversight, and cost discipline. The group also discussed adding responsibilities such as site identification, public engagement, coordination with PJM and federal agencies, and financing tools, while removing or folding in items that seemed duplicative or too broad.
The committee also revised earlier modules to broaden the focus from small modular reactors to nuclear power more generally, while keeping the task force’s original SMR work in view. Members agreed to keep recommendations on state and local regulatory readiness, financial mechanisms, permitting coordination, and public engagement, and to add a recommendation for Delaware to participate as an observer in the Advanced Nuclear First Mover Initiative through NASEO and NARUC. The committee approved the revised Module Four recommendations by vote, with one abstention from Tom Noyes. Minutes from the prior meeting were also approved with minor corrections.
MN
Transcript Highlights:
- Chairman, of course you have my 100-page amendment for the bonding bill, right?
- bonding bill is ready. Um bonding bill is ready.
- it,<00:08:56.120>
but <00:08:56.480>very bonding projects in it, but very bonding - So, if that one's the GO bond bill.
- This is the vehicle bill then, we think, for the GO bond, Senator Pappas.
NM
Transcript Highlights:
- It has bonding capacity up to a half a billion dollars.
- It has issued bonds, just under $100 million.
- This is the last stop for those bonds, just under $100 million.
- It's important on these bonds because by the statute that you passed, this district has to issue bonds
- I've rarely seen as broad a support for a bond as these have.
NM
Transcript Highlights:
- Appropriations are designed to protect Otero County on their bonds, fund critical water system repairs
- In Otero, we took the bond payments and a year's worth of bond payments, nothing else, in order to do
- We did a bonding bill this year. Thank you very much for doing that.
- Because you think a $1.5 billion bond package is gonna fix a whole lot of things, it's not.
- to pay for that for the bonding costs.
NM
New Mexico 2025 Regular Session
IC - Courts, Corrections and Justice Aug 26th, 2025
Courts, Corrections & Justice Committee
Transcript Highlights:
- Also, if you could speak to bonding as well. Oh, bonding, yeah, okay.
- So, there were bonding Ordinances.
- this year by an oversight the handling of the revenues for this bond.
- And I spoke with our bond counsel today, Modrell Sperling.
- We do have our bond counsel in place.
KY
Kentucky 2025 Regular Session
Capital Planning Advisory Board (6-11-25)
Transcript Highlights:
- The agency bond portion of the plan includes $30 million for leverage bonds for each year of our two
- The agency bond portion of the plan includes $30 million for leverage bonds for each year of our two
- The agency bond portion of the plan includes $30 million for leverage bonds for each year of our two
- for leverage bonds includes $30 million for leverage bonds for<00:30:12.000>
each <00:30:12.320 - These bonds will assisted loan programs.
Keywords:
Meeting Start 00:00:00
Attendance Roll Call 00:00:09
Approval of Minutes 00:01:10
Welcome New Members 00:01:26
Information Items 00:01:49
COT Special Report 00:02:38
Review of Executive Branch Agency Plans 00:07:41
A. Department of Military Affairs 00:08:07
B. Department of Veterans’ Affairs 00:20:34
C. Kentucky Infrastructure Authority 00:25:54
D. Tourism, Arts, and Heritage Cabinet 00:35:05
E. Transportation Cabinet 00:55:53, 958, all
Summary:
The Capital Planning Advisory Board met with a quorum, approved the May 21 minutes, and welcomed a new executive branch member, Secretary Keith Jackson of the Justice and Public Safety Cabinet. The board also received two informational items: agency responses to prior questions and amendments made to capital plans after the last meeting. It then heard the Commonwealth Office of Technology’s report on executive branch IT capital project scoring, which reviewed 16 IT requests totaling about $330.5 million. COOT said projects were ranked through an independent panel using standardized criteria focused on feasibility, statewide alignment, readiness, impact, and risk; the CIO recommended moving an enterprise application and artificial intelligence inventory system from rank 11 to rank 4 because of its enterprise-wide impact and connection to Senate Bill 4.
The Department of Military Affairs presented its capital plan, describing 43 million in projects for the current period and 13 projects totaling $65 million for 2026–2028, with most funding coming from federal sources and restricted agency funds and no general fund request in the latter period. Its projects included maintenance pool adjustments, a statewide Army master plan, the Somerset readiness center, Shelbyville and Ashland armories, a future home for the Kentucky Army National Guard band, and other facility upgrades. Members asked about the Somerset project’s cost growth and federal delay; the department said the project remains in conceptual design, is awaiting federal MILCON action, and would require a state match of about $9.8 million against $29.6 million federal funding if it is approved. Members also asked about staffing levels, and the department said state employee and Title 32 numbers have been relatively steady, while technician positions have declined.
The Department of Veterans Affairs outlined seven projects for 2026–2028, led by a Radcliff Veterans Center HVAC replacement that needs an estimated additional $16 million to finish phase two after phase one was already funded. Other requests included a maintenance pool increase, renovations and exterior upgrades at Eastern and Western Kentucky veterans facilities, a cooling tower replacement at Thompson Hood, and parking lot and lighting improvements. The department said some projects were already in the six-year plan and that the Radcliff phase two could be bid in June 2026 if funded. Members confirmed that a columbarium wall project at Grayson is federally funded.
The Kentucky Infrastructure Authority presented its six-year capital plan, citing more than $3 billion in loan commitments since 1988 and over $5 billion in supported infrastructure projects. KIA requested $298.439 million in the first biennium, including $27.742 million in state match for federal clean water and drinking water revolving funds, $25 million for its state Infrastructure Revolving Fund, $185.697 million in federal capitalization grants, and $30 million in leverage bond authorization for each year of the two federally assisted loan programs. Members asked about drinking-water quality, and KIA said that function is handled by the Energy and Environment Cabinet’s Division of Water, not KIA. KIA also said its loan rates currently range from 0.5% to 2.25%, averaging just under 1%, and that its revolving loan programs have had no defaults. The Tourism, Arts, and Heritage Cabinet began its presentation at the end of the transcript, with staff identifying themselves, but no project details or board action from that presentation were included in the excerpt.
MN
Minnesota 2025-2026 Regular Session
Press Conference: Republicans Announce Education Plan for Safe and Smart Kids - 03/17/26
Transcript Highlights:
- Bonding?
- the bonding bill.
- It just seems to be bonding question?
- Do you bonding that you could do that.
- <00:19:55.560>
bill, dial into if we have a bonding bill, dial into if we have a bonding bill
Summary:
Minnesota Senate Republicans held a press event focused on school safety, student performance, and relief from what they described as burdensome mandates on districts. Sen. Zach Duckworth promoted the SHIELD Act, which would provide grant funding through the Minnesota School Safety Center for security upgrades such as access controls, ballistic-resistant materials, mass notification systems, and staff training. He also highlighted other education bills, including measures to require parental and teacher notification of violent incidents within 24 hours, allow short removals after serious incidents in K-3 classrooms, expand retention and intervention policies for students not meeting grade level, and increase parental access to curriculum materials and consent for sex education. Duckworth said the school safety proposal has bipartisan support and argued schools should have flexible, locally driven tools to protect students.
Sen. Julia Coleman and other Republicans framed the agenda as a response to classroom violence, learning loss, and a lack of transparency. Coleman said teachers and parents are seeing serious problems firsthand and argued that schools should not hide violent incidents. She described Senate File 676 as a notification and anti-retaliation bill, and said Senate File 4023 would give schools a brief reset after serious incidents in early grades. She also backed the transparency bill requiring parental review of curriculum and written consent for sex education. The group repeatedly argued that schools, parents, and teachers should be prioritized over what they called political secrecy or overreach.
Sen. Jason Rarick focused on school finance, saying new state mandates have left districts in deficit despite prior funding increases. He discussed bills to expand safe school aid to nonpublic schools, increase staffing at the Minnesota School Safety Center, expand counselor funding for nonpublic students to K-6, and conform state law to federal tax credits that could support scholarships and tutoring. Sen. Carla Nelson Housley argued that more than 60 unfunded mandates have strained districts and said Senate File 3361 would temporarily let districts transfer funds between accounts and opt out of certain new mandates from 2023-24, with public board discussion and votes. In the question period, Republicans also discussed the governor’s supplemental budget, fraud enforcement, possible bonding for IT upgrades, and potential tax and child care credit changes, while emphasizing they want bipartisan cooperation on fraud and school safety but oppose new taxes and what they called harmful mandates.
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee Jun 24th, 2026
Transcript Highlights:
- And that's what this bond will do.
- And so, colleagues, I know that bonds are always hard. It's always a negotiation.
- We urgently need this science and health research bond to protect our future and save lives.
- We urgently need science and health research bond to protect our future and save lives.
- And as I mentioned earlier, the bonds, similar to the budget, require...
Summary:
The Assembly Appropriations Committee met on June 24, 2026, but initially lacked a quorum and began by hearing presentations only. SB 308 was presented as a bill to streamline fiscal reporting for California community colleges by combining two overlapping annual audit reports into one. SB 895, the California Science and Health Research Bond, drew extensive testimony from the authors and many supporters, who argued it would help offset federal research cuts, protect California’s science infrastructure, support jobs, and preserve life-saving research in areas such as cancer, HIV, Parkinson’s, ALS, climate resilience, and quantum computing. The bill was described as a bond measure that would require a three-party agreement and was sent to suspense.
After quorum was established, the committee took up the consent and suspense calendars. Several bills were approved on consent, including SB 308 and a large group of other measures, while the suspense calendar was deemed approved, including SB 895 and other bills listed by the chair. Public comment on SB 895 continued for a long period, with many researchers, students, labor representatives, university officials, and patient advocates speaking in strong support and urging the bill be moved to the floor. The committee also heard SB 1350, which would expand green hydrogen by allowing renewable portfolio standard credits for certain hydrogen use in power generation; the author and supporters said it would help clean energy development, create jobs, and support projects like ARCHES and Element.
Later, SB 1306 was presented to align California law with federal exemptions for certain chemical mixtures containing GBL used in semiconductor manufacturing research. The author and SEMI’s representative said the bill would reduce unnecessary regulatory burdens, avoid disrupting semiconductor supply chains, and not change rules for pure GBL. The bill passed out of committee on a roll call vote, with one no vote and one not voting. The hearing then adjourned.
TX
Transcript Highlights:
- Very worried about the vagaries of the bond market, especially if you would have to issue multiple bonds
- Bonds carry high interest rates and are repaid by policyholders.
- The bill does away with bond debt as a tool in TWIA's toolbox.
- of those bonds is over a 10-year period.
- use the proceeds from the bonds to pay off the line of credit.
Bills:
HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689
Keywords:
credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes
NH
New Hampshire 2025 Regular Session
Senate Executive Departments and Administration (01/22/2025)
Executive Departments and Administration
Transcript Highlights:
- During fiscal year 2024, it issued nine series of bonds and notes totaling nearly $153 million.
- and outstanding obligations, would be moved under the BFA, which would be given authority to issue bonds
- During fiscal year 2024, it issued nine series of bonds and notes totaling nearly $153 million.
- and outstanding obligations, would be moved under the BFA, which would be given authority to issue bonds
- for hea uh authority to issue bonds for hea uh currently<00:05:25.639>
providing <00:05:26.600
CA
California 2025-2026 Regular Session
Senate Labor, Public Employment and Retirement Committee Jun 24th, 2026
Labor, Public Employment and Retirement
Transcript Highlights:
- When we passed PEPRA, our bond ratings in California almost...
- I've worked with the bond industry.
- When we pass PEPRA, our bond ratings in California almost When we pass PEPRA, our bond ratings in California
- I've worked with the bond industry.
- And that's why your bond rating may be affected.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Mar 25th, 2025
Transcript Highlights:
- But those were tacked on to the last housing bond before that bond we passed in 2018 that was funding
- That was a bond program at that time. So we did have some dollars flowing.
- They were bond dollars.
- Prior to 2020, our bond financing program was largely undersubscribed.
- , we've been oversubscribed on the bond side as well since 2020.
Summary:
The Assembly Subcommittee on State Administration held a budget hearing focused heavily on housing, homelessness, and related administrative proposals. HCD reported that California housing production has increased, with 2023 completions up 13% from 2022 and entitlement and construction timelines improving, while members and advocates criticized the Governor’s January budget for zeroing out or sharply reducing several housing programs. Public testimony urged funding for affordable housing production, preservation, youth housing, CalHome, LIHTC, HAP, and related programs, and several speakers argued the state should not pull back after recent progress.
A major policy item was trailer bill language to allow HCD to access “excess equity” in existing affordable housing projects and recycle those funds into new or preserved housing. HCD and the LAO said the proposal could unlock tens or hundreds of millions of dollars, but members wanted guardrails and clearer statutory direction to ensure the funds stay within the intended housing purposes. The committee also discussed encampment resolution funding; HCD said the proposal would shift expenditure deadlines to the date of award rather than appropriation, while the LAO raised concerns about limited outcome data and urged the Legislature to use upcoming reporting before deciding on future funding.
The hearing also covered HCD trailer bills to consolidate default reserve funds into a centralized continuously appropriated account and to clarify reporting requirements for early rounds of the Homeless Housing, Assistance and Prevention program. HCD requested funding to implement chaptered legislation, including a new tribal housing program and reporting-related bills, and also sought extensions for certain reappropriations, including Homekey and REAP 2 deadlines. Public commenters and regional agencies supported flexibility for REAP 2 timing and other housing-related adjustments.
Finally, the Business, Consumer Services and Housing Agency presented the Governor’s reorganization proposal to split the current agency into a Housing and Homelessness Agency and a Consumer Protection Agency. The administration said the change would improve focus, efficiency, and coordination, but the LAO and several members questioned whether it would truly save money or improve accountability, especially given the need for new leadership, possible staffing changes, and the fact that the plan had not yet been formally submitted for review. No votes were taken during the hearing.
MN
Minnesota 2025-2026 Regular Session
Conference Committee on S.F. 3432 - Omnibus Judiciary and Public Safety Appropriations - 05/13/26
Transcript Highlights:
- requested here eligible for bonding requested here eligible for bonding versus<01:03:41.080>
- <01:03:55.240>
The <01:03:55.320>bonding <01:03:55.720>request bonding request - The bonding request bonding request is.
- As request that could have been bonded.
- , clarity, what's left in the bonding, clarity, what's left in the bonding, that's<01:04:29.640><
Summary:
The Safety and Security Conference Committee met on May 13, 2026, with a quorum present and no immediate vote taken. Chairs explained the committee was working ahead of a possible target so it could act quickly later if needed, then proceeded with member introductions and a reminder about committee decorum. Staff noted a microphone delay and said the meeting would include a side-by-side walk-through of the House and Senate policy language and a review of the fiscal spreadsheet.
Fiscal staff summarized major differences in court, public safety, and legislative security funding. The House and Senate proposals differed on safety and security funding for the Supreme Court, Court of Appeals, and District Courts, as well as on courthouse grants, capital security enhancements, and a new legislative/protective services unit. Staff also reviewed Senate-only and House-only items, including a Senate proposal to require removal of insignia from public safety vehicles sold to the public, and House provisions for a security services task force and member security costs. Total general fund impacts were reviewed, with the House total corrected to include an open appropriation that had been omitted from the spreadsheet totals.
Nonpartisan staff then walked through the policy differences. The Senate language focused on a Protective Services Unit and security for principal state officials, while the House language focused on a Legislative Services Unit and security for legislators. Both bills included provisions on Capitol Complex Security, reporting requirements, and reimbursement arrangements with local law enforcement, but differed on details such as whether elected officials must provide contact information to DPS and how requests for personal protective services are handled. The House-only amendment A8 was presented for discussion; it would revise emergency contact provisions, replace the House’s personal protective services request language with a more detailed threat assessment and mitigation framework, direct implementation of the new unit, and make related reimbursement and technical changes.
Judge Richard Kyle, president of the Minnesota District Judges Association, testified in support of stronger judicial and court safety measures. He described rising threats against judges, citing survey results showing high rates of judges limiting personal information, receiving inappropriate communications, changing personal behavior, and experiencing threats to themselves and family members. He said the association supports legislative authorization and funding for home security and personal data protections for judicial officers, and emphasized that safety concerns for judges and court staff have become more serious in recent years.
VT
Transcript Highlights:
- construction and state bonding construction and state bonding adjustment<00:56:54.280>
budget - Line four, three-acre stormwater compliance, $1.5 million was reduced in bonding.
- in bonded dollars were added. in bonded dollars were added.
- We have three projects ready to bonding.
- million for fiscal year 2027 in bonded million for fiscal year 2027 in bonded dollars<01:10:39.880
Summary:
The House opened with a devotional reading by poet April Osmon, who read two poems focused on bridging political divides and shared humanity. Members then recognized the final day of service for the legislative pages, thanking them for their work during the 2026 session and presenting each page with a pin and a photo opportunity.
The chamber then handled bill referrals: Senate Bill 193, creating a forensic facility for certain criminal justice-involved persons, was referred to Judiciary; Senate Bill 198, regulating tobacco products and tobacco substitutes, went to Commerce and Economic Development; Senate Bill 214, concerning pre-kindergarten education in geographically isolated school districts, went to Education; and Senate Bill 218, reducing chloride contamination in state waters and carrying an appropriation, was referred to Appropriations. The House also read and adopted two concurrent resolutions: HCR 237 congratulating Vermont-associated 2026 Winter Olympic medal winners, and HCR 238 honoring the Vermont Association for the Blind and Visually Impaired on its 100th anniversary.
Much of the remainder of the session consisted of tributes and guest recognitions tied to those resolutions. Members highlighted Vermont’s Olympic skiers and coaches, including Ben Ogden, Paula Moltzan, Ryan Cochran-Siegle, Jessie Diggins, Mikaela Shiffrin, Barbara Ann Cochran, Bill Koch, and others, and read a note from Diggins thanking Vermont for its support and emphasizing teamwork and community. Speakers also praised VABVI’s century of service and its role in helping blind and visually impaired Vermonters, and several members offered personal remarks honoring retiring Representative Francis “Topper” McFaun for his long service, mentorship, and family legacy.
MN
Minnesota 2025-2026 Regular Session
After Budgets Comes Bonding: Explaining the Supplemental Budget Session Mar 6th, 2026
Minnesota Senate Floor Meeting
Transcript Highlights:
- Senate's capital investment committee chair, Senator Sandy Pappas, has responded to the governor's bonding
- In a statement, she said, "While the governor has been a capital investment ally, his $97 million bonding
- 00:03:20.319>
to <00:03:20.480>the <00:03:20.640>governor's <00:03:21.040>bonding - has responded to the governor's bonding has responded to the governor's bonding proposal.<00:03:
- investment ally, his $97 million bonding investment ally, his $97 million bonding bill<00:03:29.840