Video & Transcript : 'environmental bond' :

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NH

New Hampshire 2025 Regular Session

House Finance Division I (03/25/2025)

Transcript Highlights:
  • </c><02:33:11.760><c> needs</c><02:33:12.080><c> that</c><02:33:12.240><c> we</c> needs the environmental
  • needs that we needs the environmental needs that we have<02:33:12.479><c> in</c><02:33:12.720><c> the
  • </c><02:33:24.640><c> challenges</c><02:33:25.280><c> with</c> growing environmental challenges with
  • </c><02:37:14.960><c> So,</c> Environmental Services. Okay. So, Environmental Services. Okay.
  • Services in House Bill Environmental Services in House Bill One.<02:37:24.160><c> All</c><02:37:24.560
Keywords: 928, house, all
Summary: The committee worked through a series of budget amendments, mostly to House Bill 2 and related House Bill 1 changes, with members discussing whether to reduce or preserve funding for various programs. Early actions included approving an amendment to House Bill 219 that delays implementation of renewable energy-related provisions to 2027, and approving an amendment that removes a $150,000 appropriation tied to a housing-related database while allowing use of housing fund money for the project. The committee also approved an amendment affecting magistrates so they could continue pretrial and other judicial support work, while noting they would not handle bail and that the change reflected separate legislation already signed by the governor. Members then approved a series of administrative savings items in the Department of Administrative Services, including eliminating a long-vacant computer analyst position and reducing overtime and recruiting/subscription-tool budgets. They also approved an amendment cutting marketing and administrative support for the paid family leave program, with members emphasizing that the program itself would continue. A proposed cut to the WorkInvest NH program was discussed at length, with some members arguing it benefits workers and employers and others noting the cost is borne by employers; the committee ultimately set that item aside without taking action. The committee also debated and then approved a modest reduction to a BEA regional planning grant, despite objections that regional planning commissions provide valuable municipal support. The most extended discussion centered on the State Library. Representative Sweeney said he did not want to pursue a full cut of the library and instead favored a more targeted approach, noting that some federal funding for library services such as interlibrary loans and the Libby system may be at risk. Members discussed alternatives, including unfilled positions and other partial reductions, but no final action on the full library cut was taken in the portion provided. The committee also paused on some other items to gather more information before voting.
NH

New Hampshire 2025 Regular Session

Senate Transportation (03/25/2025)

Transportation

Transcript Highlights:
  • environmental environmental services. services. services.
  • </c><00:17:01.519><c> Services</c> uh Department of Environmental Services uh Department of Environmental
  • The Department of Environmental Services has an established cyanobacteria program already, and we have
  • This includes conservation districts, K-12 schools, and environmental groups.
  • around the state to address all kinds of environmental concerns and projects. quality, wildlife, soil
Keywords: 1191, senate, all
WY

Wyoming 2026 Regular Session

Senate Floor Session-Day 18, March 3, 2026-PM

Wyoming Senate Floor Meeting

Transcript Highlights:
  • This is the designation of contract services to implement brand inspection laws, bond required, bond
  • This is the designation of contract services to implement brand inspection laws, bond required, bond
Keywords: 916, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, May 8, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • </c> rules submitted by the Environmental rules submitted by the Environmental Protection<00:17:20.959
  • Back when the original bond was passed in 2008 by a narrow margin by the voters of California, about
  • a $9 billion bond, the rail was supposed to be a total cost of $33 billion from San Francisco to L.A.
  • Birding in our abundant freshwater kingdom draws environmental stewards from around the globe.
  • stewards from around the environmental stewards from around the globe.<02:28:32.000><c> Nationwide,<
TX

Texas 89th Regular

Criminal Jurisprudence May 19th, 2026

Criminal Jurisprudence

Transcript Highlights:
  • They get a bond set. All that stuff is done within usually 24 hours.
  • If you have been arraigned and have a bond set, and if you don't get bond, if you do not bond out, then
  • So I could actually be no-billed 90 days later, but I couldn't afford bond.
  • And the bond is set. At that point, the right to counsel should attach.
  • You're charged with a low-level crime, but you can't afford bond to bond out.
Keywords: 1184, house, all
CA

California 2025-2026 Regular Session

Assembly Education Committee Mar 25th, 2026

Education

Transcript Highlights:
  • local bonds, and they can also raise developer fees.
  • Charter schools, they can't raise local bond funding.
  • They're often excluded from local bond revenues.
  • They're locked out of the bond program altogether.
  • Today's conversation gave me some hope that there might be a legislature bond.
Committee: House Education
Keywords: 988, house, all
CA
Transcript Highlights:
  • state bond, which we will be doing as we move forward.
  • Assembly Bill 48 aims to improve facilities at community colleges and universities by providing bond
  • Additionally, the bond would add student housing as an allowable bond expenditure to address the student
  • Additionally, the bond would add student housing as an allowable bond expenditure to address student
  • The university last received state bond funds in 2006 as part of Prop 1D and is not receiving funding
Summary: The committee hearing covered several higher education bills, with extensive testimony on student aid, affordability, and institutional debt. AB 587 would add veteran representation to the California Student Aid Commission; the author said the change would bring lived experience from the veteran community to student aid policy, and members raised a concern about keeping the commission’s membership odd-numbered, which the author said would be addressed by amendment. AB 791 would standardize cost-of-attendance housing calculations using objective data and improve notice of the adjustment process; supporters said current budgets often underestimate students’ real living costs, while UC, CSU, and independent colleges opposed or had concerns about the bill’s prescribed methodology, fiscal impact, and a 14-day turnaround for adjustments. AB 850 would create a one-term grace period for students with institutional debt to re-enroll while arranging repayment, bar reporting that debt to credit agencies, and require more transparency; proponents described students being blocked from continuing school over debts, while CSU, UC, and private-college representatives said they already use holds and payment plans and worried about added liabilities and budget pressures. AB 537 would extend the California College Promise Program to part-time community college students; supporters said most community college students attend part-time and should not be excluded from fee waivers, while the committee noted fiscal concerns but ultimately advanced the bill. AB 7 would allow universities to consider whether an applicant is a descendant of American chattel slavery in admissions as a reparative measure; supporters framed it as lineage-based reparative justice, while opponents argued it would function as a racial proxy and conflict with Proposition 209 and equal-protection principles. The committee took roll-call votes on the measures, advancing AB 587, AB 791, AB 850, and AB 537 to Appropriations, with AB 850 and AB 537 receiving fewer votes and the roll left open for additional members.
NH

New Hampshire 2025 Regular Session

House Public Works and Highways (03/25/2025)

Transcript Highlights:
  • Last year, our initial bond proposal received 42%.
  • Last year, our initial bond center.
  • Last year, our initial bond proposal<00:37:20.960><c> received</c><00:37:21.880><c> 42%.
  • So we would be looking at a ballot of about $4 million for a local bond, and, again, as commissioner
  • It's it's fish and general fund bonding. It's it's fish and game<00:44:54.880><c> funds.
Keywords: 928, house, all
Summary: The committee heard testimony on proposed improvements to the State Police gun range and related Public Works estimates. Department of Safety Commissioner Robert Quinn and Major Brendan Davy explained that the range is used for realistic, scenario-based training that includes vehicle work, movement, cover, elevation, and stress inoculation, and that it also supports requalification and special unit training for state, local, and federal partners. They said the current facility lacks running water, continuous power, and permanent restrooms, and that the PSTC range cannot accommodate rifles because its backstop is handgun-caliber only. Public Works Director Theodore Copper said the project estimate is $2.3 million, including $1.5 million for the building and site work plus soft costs, inflation, and design fees; he described the proposed building as basic, with office space, classrooms, restrooms, and HVAC. Committee members asked about the cost and scope, and Copper provided a breakdown of the estimate. The committee also heard from Commissioner Edelblute and Milford School District Superintendent Christy Misho regarding career and technical education capital funding. Edelblute urged the committee to include $10 million for the Milford CTE project, saying the district had reduced the scope after a prior bond vote and that the project would support high-demand workforce programs. Misho said Milford’s initial bond vote received 42 percent and the revised proposal received 56 percent, short of the 60 percent needed, but that the community still supports the project; she said the district plans to move forward with a CTE-only ballot and a smaller local bond. Committee members expressed concern about holding state funds for a project that has not yet won local approval, but said the request would be taken under advisement. In work session action, the committee corrected a prior vote on the Market Street Marine Terminal warehouse removal and office replacement project, increasing the appropriation by $353,300 to $1,973,300 and raising the agency subtotal to $4,155,300. The committee also accepted a motion to add $1.8 million for the community college system, including $1.3 million for critical maintenance and $500,000 for an energy management system. The committee then discussed a Fish and Game request for a $350,000 backhoe, with members debating whether it should be funded with general funds or other funds and whether the cost was excessive; no final objection was recorded in the portion provided. Later discussion also referenced the new parking garage project, with staff saying it is expected to be operational in March 2026 and fully completed by May or June 2026, with 409 spaces and a mix of assigned and open parking.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/24/26

Energy Finance and Policy

Transcript Highlights:
  • So besides the environmental assessments and reviews, we make sure that there's an actual need for the
  • </c><01:07:37.760><c> risks</c> on the economic and environmental risks on the economic and environmental
  • And next on the list, we have Ben Olsen with the Minnesota Center for Environmental Advocacy.
  • I'm legislative director at the Minnesota Center for Environmental Advocacy.
  • </c> Minnesota Center for Environmental Minnesota Center for Environmental Advocacy.<01:08:17.920><c>
Bills: HF4236 , HF4122 , HF4377
HI

Hawaii 2026 Regular Session

AEN Public Hearing 01-28-2026

Agriculture and Environment

Transcript Highlights:
  • constitution as well as some of the recent goals we've set in the state for climate action and environmental
  • increased, you know, costs paid for organic products is because of the internalization of the environmental
  • constitution as well as some of the recent goals we've set in the state for climate action and environmental
  • <01:19:32.480><c> effects</c><01:19:32.960><c> of</c><01:19:33.199><c> agricultural</c> environmental
  • effects of agricultural environmental effects of agricultural production.<01:19:34.800><c> and</c><01
Summary: The committee heard several agriculture-related bills. SB 874 on veterinary medicine would require veterinarians, upon a client’s request, to provide a written prescription for an animal patient in an existing veterinary client-patient relationship, allow Hawaii-licensed pharmacies to dispense those prescriptions, and authorize the Veterinary Medicine Board to set penalties. Testimony was overwhelmingly supportive, with supporters citing lower costs and consumer choice; the Hawaii Veterinary Medical Association said veterinarians already should be doing this and supported the bill if amended. One testifier in opposition argued the bill needed a conspicuous notice requirement so pet owners know they can request prescriptions. Committee members and the Department of Agriculture said they were not aware of widespread problems, and discussion focused on whether the measure was already consistent with current practice and whether amendments would address remaining concerns. The committee also heard SB 2097, which would create a climate-resilient food systems grant program in the Department of Agriculture and Biosecurity and appropriate funds. The department, Hawaii Farm Bureau, Hawaii Farmers Union, Hawaii Cattlemen’s Council, and others supported the bill, saying it could help farmers and ranchers invest in resilience, infrastructure, and technology. Several testifiers asked for clearer definitions, especially for terms like “food hubs” and “resilience hubs,” and suggested adding technical assistance and clearer eligibility criteria. The department explained the program was intended for shovel-ready projects in the middle of the supply chain, with a focus on farmers in a certain revenue range, and said it was modeled on a USDA program. SB 2098 would establish a clean plant program to produce and distribute disease-free plant material to growers, nurseries, and other producers. Testimony was supportive, emphasizing biosecurity, nursery industry needs, and preventing invasive species and crop disease. The department described the program as using tested clean stock, tissue culture facilities, and data collection to support future planting decisions, and estimated a two-year ramp-up. Members questioned whether the program duplicated existing work at CTR/other partners and whether data collection should be centralized, but the department said the effort would build on existing varieties and partnerships rather than overlap them. Finally, SB 2126 would create a conventional farming grant program for small and midsize conventional farmers. Supporters from the department, Hawaii Farm Bureau, and Hawaii Cattlemen’s Council said conventional agriculture deserves support and that the bill would help increase food production. Opposition and comments focused on the bill’s exclusion of organic farmers; one farmer said the measure was unfair unless amended to include organic producers, while a Farmers Union witness said the bill was too vague about the grant’s purpose and should be clearer about its goals. In response to questions, the department said the exclusion of organic farming was not intentional and that the bill was meant to support all agriculture, though no vote or final action was taken in the excerpt provided.
FL

Florida 2026 5th Special Session

Regulated Industries Feb 3rd, 2026

Transcript Highlights:
  • customers outside the municipal boundaries only to the extent necessary to comply with the terms of bond
  • covenants that are in effect as of July 1, 2024. ...with the terms of bond covenants that are in effect
  • as of July 1, 2024, and then those surcharges must be phased out upon retirement of the bonds, expiration
  • We're doing that just to make sure that the bond market stays stable.
Summary: The Senate Committee on Regulated Industries met with a quorum and considered four bills. First, the committee took up SB 1724 on municipal utility services. A late-filed strike-all amendment by Senator Martin was adopted after he explained it would require annual customer meetings for certain extraterritorial utility customers, cap the use of utility revenues for general government purposes, eliminate a 25% surcharge and reduce the rate differential cap, remove municipal natural gas utilities from the bill, and preserve certain surcharges only as needed to satisfy existing bond covenants. The Florida League of Cities raised implementation concerns about the July 1, 2026 effective date and the time needed for rate studies and budget adjustments, but the bill as amended was reported favorably. The committee then heard SB 936 on temporary door locking devices by Senator McLean. The bill would define temporary door locking devices, authorize their installation at any height, require the Florida Building Commission to add standards to the Florida Building Code, and require their use to be incorporated into safety plans, drills, and training. With no opposition or debate, SB 936 was reported favorably. Next, the committee considered SB 1014 by Senator Mayfield, which would prohibit municipalities from refusing water and wastewater service solely because a property owner declines annexation, if the property is near a municipal main line, not served by another utility, and the utility has capacity. An amendment narrowed the bill by defining “main line” and reducing the distance threshold from 2,000 meters to one-half mile. The Florida League of Cities opposed the bill as amended, citing concerns about large users, possible conflict with annexation law, potential enclave creation, and revenue impacts, but Senator Mayfield said he would continue working on the issues. The committee reported the bill favorably. Finally, Chair Bradley presented SB 1498 on community associations. A strike-all amendment was adopted that made technical changes to video conference recording, turnover inspection reports, and electronic voting, and added provisions requiring associations to provide records to law enforcement and prosecutors, creating a second-degree misdemeanor for willful refusal. It also targeted mandatory club or amenity fee structures controlled by developers or third parties, declaring such provisions against public policy, limiting assessments to proportional expenses, and allowing suits and conveyance of common areas after turnover. Testimony from homeowners described alleged governance abuses and opaque, profit-driven mandatory fees in their communities, while the Community Associations Institute supported the amendment. The committee reported CS for SB 1498 favorably. Members then recorded additional votes for the record, and the meeting adjourned.
FL

Florida 2026 Regular Session

Regulated Industries Feb 3rd, 2026

Regulated Industries

Transcript Highlights:
  • customers outside the municipal boundaries only to the extent necessary to comply with the terms of bond
  • With the terms of bond covenants that are in effect as of July 1, 2024, and then those surcharges must
  • be phased out upon retirement of the bonds, expiration, or refinancing of the applicable debt obligations
  • We're doing that just to make sure that the bond market stays stable.
Bills: S0936 , S1724 , S1014 , S1498
Summary: The Committee on Regulated Industries heard and advanced four bills. First, members took up SB 1724 on utility services, adopting a late-filed delete-everything amendment by Senator Martin. The amended bill would require annual customer meetings for certain municipal utility customers outside city limits, cap use of gross utility revenues for general government purposes, require excess funds to be reinvested or returned, reduce the outside-city surcharge and rate differential caps, and phase out certain surcharges tied to existing bond covenants. The Florida League of Cities raised implementation concerns about the July 1, 2026 effective date and the need for time to complete rate studies and budget adjustments. The committee then reported the bill favorably. Members also heard SB 936 on temporary door locking devices, which would define and authorize such devices, direct the Florida Building Commission to add standards to the building code, and require their use to be incorporated into safety plans, drills, and training. With no opposition or debate, the bill was reported favorably. The committee next considered SB 1014, which would prohibit municipalities from refusing water and wastewater service solely because a property owner will not annex, if the property is near a municipal main line, not already served by another utility, and the utility has capacity. An amendment narrowed the distance trigger to one-half mile and clarified the main-line requirement. The Florida League of Cities opposed the bill as amended, citing concerns about impacts on annexation policy, potential duplication of services, and possible subsidy of outside customers, but the committee still reported the bill favorably. Finally, the committee heard SB 1498 on community associations. A strike-all amendment made technical changes to turnover inspection and electronic voting provisions and added two major policy changes: requiring associations to provide records to law enforcement and prosecutors, with a misdemeanor penalty for willful noncompliance, and prohibiting certain developer-controlled mandatory club fee arrangements that generate perpetual profit beyond proportional expenses. Testimony in support came from homeowners describing alleged governance abuses and mandatory fee schemes in their communities, while the Community Associations Institute supported the amendment. The committee reported CS for SB 1498 favorably. At the end of the meeting, Senators Bracey Davis and Calatayud asked to be recorded as voting in the affirmative on selected bills.
MN

Minnesota 2025-2026 Regular Session

House Republican Media Availability 6/4/25

Minnesota House Floor Meeting

Transcript Highlights:
  • Are there discussions about bonding? Yeah, discussions on bonding are still ongoing.
  • Again, that's a $700 million bonding bill, which is what has been proposed and talked about from the
  • But if we do come together with a good, solid bonding bill that leaves the leeway to potentially get
Keywords: 1183, house
HI

Hawaii 2026 Regular Session

WAM Informational Briefing 01-07-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Asset market meltdown—stocks, bonds, real estate—if they go down substantially, this will reduce consumer
  • 04.000><c> market</c><00:13:04.399><c> meltdown,</c><00:13:05.440><c> stocks,</c><00:13:05.920><c> bonds
  • ,</c> Um asset market meltdown, stocks, bonds, Um asset market meltdown, stocks, bonds, real<00:13:06.480
  • So which means less visitors, more spending, less ecological and environmental impact.
  • So which means less visitors, more spending, less ecological and environmental impact.
Keywords: 912, senate, all
MN

Minnesota 2025-2026 Regular Session

Minnesota House OKs housing finance, policy bill agreement 5/13/26

Minnesota House Floor Meeting

Transcript Highlights:
  • as I mentioned, over 2,000 units, both to rent and to own, largely through housing infrastructure bonds
  • housing</c> largely through uh housing largely through uh housing infrastructure<00:02:54.760><c> bonds
  • bonds and greater Minnesota<00:02:56.120><c> workforce</c><00:02:56.560><c> housing,</c><00:02:57.360
  • This bill, as Chair Howard talked about, invests $100 million in housing infrastructure bonds and $20
  • bonds and 20 million<00:07:24.600><c> in</c><00:07:24.720><c> workforce</c><00:07:25.160><c> housing
Keywords: 919, house, all
Summary: The House considered the conference committee report on House File 1141, a housing bill, and moved to adopt the report and repass the bill as amended. Rep. Howard said the compromise would help build thousands of new homes, keep Minnesotans housed, and improve transparency and collaboration with the Minnesota Housing Finance Agency, while remaining budget-neutral. He highlighted investments in housing infrastructure bonds, greater Minnesota workforce housing, manufactured housing, EHPAP, supportive housing, and a new provision for greater public access at MHFA board meetings, while noting that some Senate proposals, including a manufactured housing bill of rights and a ban on private equity home purchases, were not included. Several members spoke in support of the compromise. Rep. Kozlowski emphasized the bill’s role in addressing housing instability, homelessness, and workforce shortages, citing investments in first-generation homebuyer assistance, supportive housing, and preservation of beds and units. Rep. Skraba and Rep. West also supported the bill, with Skraba praising the bipartisan process and West arguing the bill focused on supply-side solutions such as manufactured housing and easing development constraints. Rep. Schultz opposed the bill, arguing the money should instead go to school safety, fraud prevention, asset preservation, and lowering costs for taxpayers. After brief discussion, the House adopted the conference report and advanced the bill to third reading.
CA
Transcript Highlights:
  • We no longer have bond money.
  • We've done two rounds of the bond B-chip. Yes.
  • So in March, we did the bond round two.
  • I think it's over $200 million that we did with our tribes just for the bond alone.
  • And I have to say with our bond...
Summary: The subcommittee heard presentations from the Department of State Hospitals (DSH), the Commission for Behavioral Health, and the Department of Health Care Services (DHCS) on budget proposals and implementation updates. DSH outlined its proposed 2026-27 budget, including funding for patient operating expenses, IST solutions savings, conditional release program costs, LPS bed allocation changes, electrical infrastructure projects at Napa and Patton, SB 380 transitional housing feasibility work, and expanded dental services at Metropolitan and Patton. DSH also reported that it has met court-ordered IST treatment benchmarks in the Stiavedi v. Clinton case, with average time to initiate treatment down to about five days and pending placements reduced to roughly 250, while noting that Proposition 36 could increase referrals and SB 1323 may divert some individuals earlier into community-based treatment. Members asked about rising outside hospitalization costs, Medicare enrollment, the timing and structure of capital projects, and whether IST solution funds are being fully used; DSH said the savings reflect slower-than-expected ramp-up of community programs and that the Central California FACT replacement program is still on track for January 2027 activation. The Commission for Behavioral Health described its role under the Behavioral Health Services Act (BHSA), including data, evaluation, grantmaking, technical assistance, and transparency work. It highlighted the new statewide Innovation Partnership Fund, a five-year, $20 million-per-year program with small and large grant categories; the first RFA drew strong interest, with more than 400 questions and over 1,000 bidders’ conference participants. The Commission also discussed a proposed extension to spend down about $4.1 million remaining for the Alcove Youth Drop-in Center grants so sites can finish implementation and Stanford can complete the final evaluation. Members asked about grant duration, whether projects can be renewed, what qualifies as innovation, and whether the fund could support service delivery rather than awareness campaigns or training; the Commission said awards are expected to be three-year contracts and that proposals must be new or meaningfully expanded approaches that support BHSA priority populations. DHCS reviewed major behavioral health changes under CalAIM and BH Connect, including peer support, mobile crisis, contingency management, traditional health care practices for tribal members, updated specialty mental health access criteria, and new substance use treatment standards based on ASAM’s fourth edition. DHCS reported strong contingency management results, with more than 13,000 members served and 95% testing negative for stimulant use during treatment, and said 21 Indian health care providers have been approved to offer traditional health care practices. It also described BH Connect initiatives such as the $1.9 billion access reform and outcomes incentive program, workforce investments, evidence-based practice expansion, IMD participation by four counties, and transitional rent services. On BHSA implementation, DHCS said it is not tracking individual county contract cuts but is monitoring county plans and statewide outcomes, while stakeholders raised concerns about local prevention and service gaps. DHCS also outlined its H.R. 1 implementation strategy, including outreach, streamlined renewals, exemptions for disabled, substance use, and medically frail individuals, and proposed clinic navigator and outreach funding; it said it has not yet produced a focused estimate of H.R. 1 impacts on behavioral health populations. The discussion ended with DHCS noting that B-CHIP bond funding has supported 437 infrastructure projects, creating 546 new or expanded facilities and more than 9,500 residential beds across the state.
NH

New Hampshire 2025 Regular Session

House Ways and Means (01/27/2025)

Transcript Highlights:
  • We do issue bonds to fund our capital projects for the most part, and then we are also responsible for
  • We do issue bonds to fund our capital projects for the most part, and then we are also responsible for
  • what we need and we do we are AB bonding what we need and we do have<00:22:50.679><c> some</c><00:22
  • Well, the bond market was really wrong.
  • Well, the bond market was really wrong.
Keywords: 1189, house, all
Summary: The meeting featured presentations from the Department of Administrative Services and the Treasury Department on state revenue reporting and unclaimed property. State Comptroller Dana Call explained DAS’s role in compiling statewide revenue reports, including the annual revenue plan set through the budget process and the monthly revenue focus reports that track cash receipts. She noted that unrestricted general fund revenue is about $2 billion annually, while miscellaneous other revenue is a much smaller and less predictable category, averaging roughly $30 million to $32 million a year. She also described two more material internal revenue lines: statewide indirect cost recoveries and post-retirement benefit recoveries, which are billed to agencies and often tied to federal reimbursement rules. Members asked about the interest line in the revenue charts and about how the figures were presented, and Call clarified that the totals were in millions and that the interest item would be explained by the Treasurer. She also explained that the indirect cost and post-retirement recoveries are internal cost allocations that flow back into the unrestricted revenue pool and are reflected in agency budgets as interagency costs. Treasurer Monica Meissner then outlined Treasury Department functions, including bank deposits, statewide disbursements, banking relationships, investments, debt management, compliance, the FONA College Savings Program, the ABLE Plan, scholarship programs, and the abandoned property program. In discussing unclaimed property, she said holders report property after a five-year dormancy period, the state uses automated systems and outreach to locate owners, and claim activity has increased. In fiscal year 2024, the state returned about $12.2 million to citizens through roughly 12,000 claims; over the last 10 years, about $72.6 million has been returned. She also said the state escheated $19.9 million to the general fund and $1.8 million to counties last year, and explained that securities-related proceeds are harder to estimate because they depend on market conditions. No votes or formal actions were taken.