Video & Transcript : 'lender cap' :
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OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 11th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Bills:
SCR17 , SB2104 , SB2155 , SB1428 , SB1250 , SB1651 , SB1794 , SB444 , SB1061 , SB1327 , SB1425 , SB1455 , SB1458 , SB1460 , SB1480 , SB1530 , SB1543 , SB1555 , SB1593 , SB1209 , SB1730 , SB1733 , SB1769 , SB1805 , SB2069 , SB2095 , SB1503
Keywords:
Oklahoma Ireland relations, Ireland, Irish heritage, St. Patrick's Day, Choctaw Nation, Choctaw famine relief, Irish-American, cultural resolution, concurrent resolution, ceremonial resolution, economic development, trade commission, international relations, Tulsa IrishFest, ShamROCK the Gardens, Oklahoma City St. Patrick's Parade, Irish ancestry, Senate of Ireland, Aubrey McCarthy, Phil Thompson
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 11th, 2026 at 09:00 am
Oklahoma Senate Floor Meeting
Bills:
SCR17 , SB2104 , SB2155 , SB1428 , SB1250 , SB1651 , SB1794 , SB444 , SB1061 , SB1327 , SB1425 , SB1455 , SB1458 , SB1460 , SB1480 , SB1530 , SB1543 , SB1555 , SB1593 , SB1209 , SB1730 , SB1733 , SB1769 , SB1805 , SB2069 , SB2095 , SB1503
Keywords:
Oklahoma Ireland relations, Ireland, Irish heritage, St. Patrick's Day, Choctaw Nation, Choctaw famine relief, Irish-American, cultural resolution, concurrent resolution, ceremonial resolution, economic development, trade commission, international relations, Tulsa IrishFest, ShamROCK the Gardens, Oklahoma City St. Patrick's Parade, Irish ancestry, Senate of Ireland, Aubrey McCarthy, Phil Thompson
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, June 23, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- It simply provides clarity so that lenders and small business owners can move forward with confidence
- The bill also strengthens the roles of our main street community lenders by modernizing outdated banking
- HR 6644 also supports thousands of community lenders, including community development financial institutions
- banking reforms, including the rising... ...reforms, including the rising public welfare investment cap
- ...housing industry, providing home loans for many first-time home buyers and serving as critical lenders
Bills:
HB2323 , HB6644 , SB629 , HB8882 , HB8881 , HB8880 , HB8879 , HB4238 , HR915 , HR826 , HB7401 , HB7396
Keywords:
Big Bend National Park, land acquisition, boundary adjustment, Secretary of the Interior, conservation, Holodomor, Ukraine famine, 1932-1933 famine, genocide recognition, Soviet Union, Joseph Stalin, collectivization, grain confiscation, human rights, Ukraine, Ukrainian people, Russian aggression, Vladimir Putin, foreign affairs, sense of the House
TX
Transcript Highlights:
- Frankly, that goes to the revenue cap that the legislature revised back in 2019.
- That five percent homestead appraisal cap may sound familiar to all of us. The House proposal...
- homeowners in different parts of the state are subject to different appraisal cap policies.
- A plan that applies a 5% cap to the resident's homestead has been discussed a lot today.
- The appraisals at 5% go against what the state has mandated as a 10% cap.
Committee:
House S/C on Property Tax Appraisals
Keywords:
appraisal, property value, residential real estate, tax code, appraisal review board, property owners, property tax, homeowners, property owner rights, property appraisal, taxation, Texas Tax Code, real estate, ad valorem tax, homestead exemption, market value, condemnation, tax appraisal, open-space land, land use
WA
Transcript Highlights:
- California resulted in emissions close to double the reductions achieved over 16 years under California's cap-and-trade
- Those companies need capital, and since they have no revenue and no assets, no sane lender will touch
Committee:
Senate Ways & Means
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Mar 18th, 2025
Transcript Highlights:
- Currently, California law mandates that lenders pay interest on certain escrow funds for some accounts
- However, post-loss insurance payouts are excluded from this requirement, allowing lenders and banks to
- noting the unique nature of the hazard insurance proceeds to restore the property damage because lenders
Summary:
The Assembly Banking and Finance Committee met to hear its only agenda item, AB 493 by Assemblymember Harabedian, which would require lenders to pay interest to homeowners on post-loss insurance payouts held in escrow. The author said current law already pays interest on some escrowed funds, but excludes insurance proceeds after a loss; he argued the bill would help wildfire survivors and other homeowners rebuilding after major property damage. He noted amendments clarifying that the bill applies only to loans and only to insurance payouts still held in escrow on or after the bill’s effective date.
Support came from the Consumer Federation of California, whose representative said the measure closes a loophole and would provide modest but meaningful help to homeowners facing long rebuild timelines. The California Bankers Association did not oppose the bill but raised concerns about aligning it with existing mortgage servicing law and the treatment of hazard insurance proceeds, saying it wanted to work with the author on technical issues. Committee members expressed support, emphasizing the need to help displaced homeowners access funds more quickly.
The committee voted unanimously to pass AB 493 and refer it to the Assembly Committee on Appropriations. The roll call showed the bill receiving eight votes, and the committee then adjourned.
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 7th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- addresses a question I got from Representative Garcia regarding if the legislation would not allow a lender
- unregulated third parties to recoup their costs for providing certain payment channels, but it prohibits lenders
- This inconsistency is burdensome and costly for Texans and forces Clay Shotsak: lenders to deliver a
- This bill is simply intended to rectify the situation and expressly permit lenders to offer Clay Shotsak
- In addition to fixing this interpretation issue, this bill requires lenders to offer free payment methods
Keywords:
HB 3803, Texas Health and Safety Code, Chapter 712, perpetual care cemetery, perpetual care trust fund, cemetery regulation, financial confidentiality, confidential records, regulatory examination, Texas Department of Banking, commissioner disclosure, interagency information sharing, state agency enforcement, federal agency disclosure, trust fund oversight, burial services, cemetery trust, consumer protection, state banks, Texas Finance Code
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 22 Morning Session Mar 10th, 2026
Oklahoma House Floor Meeting
Transcript Highlights:
- Think about FDIC-type insurance, most favored lender status, et cetera, et cetera.
- So if someone reached that $75,000 cap and they wanted to move into more of it...
- And the limiting principle that we're putting in place is this $1.5 million cap.
- Previously, it's been a $75,000 cap and it has to be made in the primary residence of your home.
- in place to protect consumers when the cap goes to $1.5 million?
Bills:
HB4104 , HB3722 , HB3787 , HB3700 , HB3701 , HB3310 , HB3404 , HB2964 , HB2398 , HB3024 , HB3499 , HB3278 , HB3279 , HB3645 , HB3649 , HB2293 , HB3260 , HB3176 , HB3177 , HB3114 , HB3172 , HB3322 , HB3323 , HB4248 , HB3720 , HB2210 , HB1322 , HB1937 , HB3301 , HB4107
Summary:
The House convened, heard the prayer and Pledge of Allegiance, recognized the Doctor of the Day, and held several special presentations, including the Bethany Youth Council and a centennial recognition for Ascension St. John. The chamber then took up a long series of bills on second and third reading, with members asking questions on hospice care, broadband, funeral director continuing education, economic development, court reporters, DUI-related GPS monitoring, banking discrimination, statutory interpretation, electronic filings, intoxicating hemp beverages, homemade food production, youth apprenticeships, domestic violence, school communications with minors, firearms definitions, and outdoor warning sirens.
Among the measures considered, House Bill 3645 on hospice referrals for patients without next of kin or a durable power of attorney passed 16-0. House Bill 3649, allowing proceeds from certain state property sales to remain in the mental health real estate trust, passed 15-0. House Bill 2293 extending the Oklahoma Broadband Office sunset to 2030 passed 84-10. House Bill 3216 adding the Oklahoma Funeral Directors Association to approved continuing education providers passed 94-0, and House Bill 3176 directing Commerce to pursue national lab and innovation opportunities passed 51-37 after extensive debate about its aspirational nature and cost.
Other bills approved included HB 3177 on Corporation Commission court reporter pay and retention, HB 3114 removing DUI with great bodily harm from DOC GPS monitoring eligibility, HB 3172 restricting adverse banking actions by large financial institutions against lawful activity, HB 3322 on statutory interpretation, HB 3323 removing notarization requirements for electronic Service Oklahoma submissions, HB 4248 restricting certain intoxicating beverages to those 21 and older, HB 3720 expanding the Homemade Food Freedom Act, HB 2210 modernizing youth apprenticeships, HB 1322 creating a domestic violence offender registry, HB 1937 revising school communications with minors and receiving emergency passage, HB 3301 aligning state firearms definitions with federal law, and HB 4107 criminalizing hacking or unauthorized activation of outdoor warning sirens. Most bills passed with broad support, though some drew significant questioning over fiscal impact, public safety, and implementation details.
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/04/2025)
Transcript Highlights:
- from other gaming sources, so potentially a $100,000 cap?
- from other gaming sources, so potentially a $100,000 cap?
- We are not opposed to the cap per se; we're opposed to taking funds out of the sector.
- If that was capped at $50,000, we would not be able to serve the people that we serve.
- If there was a cap at $50,000...
Summary:
The committee held a public hearing on HB 530, a bill to increase funding for New Hampshire’s Affordable Housing Fund. Representative Jessica Lontine, the sponsor, described the state’s housing crisis, citing high rents, low vacancy, and the lack of affordable units. She said the bill would double the annual transfer-tax deposit into the fund from $5 million to $10 million, and she later presented an amendment to hold the Education Trust Fund harmless by directing the housing-fund deposit from remaining revenue after that trust fund is funded. She also explained a prospective appropriation idea tied to a possible future sale of the Laconia State School property, with the goal of supporting community housing for people with intellectual and developmental disabilities.
Much of the testimony focused on the shortage of accessible and supportive housing for people with disabilities and aging family caregivers. Lontine, Ben Saul of Visions for Creative Housing Solutions, Lori McIntosh of Our Place NH, and Maddie Mandelbaum all described the difficulty families face in planning for adult children with disabilities as parents age or die. They emphasized that many people need not only affordable housing but accessible, supportive settings, and they argued that state investment would help nonprofit providers build such housing and prevent homelessness or inappropriate institutional placement. Several witnesses also noted that existing projects rely on capital funding and that operating revenues are limited because residents often depend on SSI and Medicaid.
Committee members asked questions about the fiscal impact of the bill and amendment, including whether the proposal would shift money from the general fund or education trust fund and whether the Finance Committee should have final say over spending priorities. Lontine said she understood those concerns but argued that housing should be prioritized. Housing Action New Hampshire’s Tom Duroza also testified in support of the bill, saying the state’s housing shortage is driving record prices and vacancy rates below 1%, and that the Affordable Housing Fund has leveraged more than $500 million in private investment and helped build thousands of rental homes. He said his organization supported the underlying bill but had not yet reviewed the amendment. No vote or final action was taken at the hearing.
AZ
Transcript Highlights:
- I can say that it is capped, which is a good thing.
- I can say that it is capped, which is a good thing.
- to add language from a bill Leader de Los Santos has run for many years that creates a registry and cap
- So, in a down payment program, you first have to apply through your mortgage lender, and depending on
- I just think it's silly to have any kind of cap.
CA
California 2025-2026 Regular Session
Senate Local Government Committee Jun 23rd, 2026
Transcript Highlights:
- issue withholding certificates of occupancy and allow permitting inspection fees to exceed the 50% cap
- It allows the use of local or third-party inspectors and caps inspection and permitting fees at 50% of
- Hello, Harrison Lender with LeadingAge California here in support. Thank you.
Summary:
The Senate Committee on Local Government heard several bills focused on housing, utility billing, permitting, oversight, disaster recovery, and traffic safety. AB 2058, by Assemblymember Harropetian, would streamline inspections and fees for factory-built housing by reducing duplicative local review and allowing third-party inspections; supporters said it would cut costs and delays, while the author noted local land-use authority would remain intact. AB 1945, by Assemblymember Hodgwick, would let Lassen Municipal Utility District offer voluntary prepaid electricity accounts without deposits or start-service fees, with consumer protections and electronic notices; municipal utility and power agency representatives supported it. AB 2418, by Assemblymember Mark Gonzalez, would set timelines for commercial plan review and allow third-party plan checkers for delayed tenant improvement projects; business and property groups supported it, and the bill was narrowed by amendments. AB 2433, by Assemblymember Alvarez, would expand density bonus incentives for for-sale affordable housing; supporters said it could help produce more homeownership opportunities, while labor and local government concerns led to amendments removing ministerial/by-right provisions. AB 2760, by Assemblymember Sharpe Collins, would allow counties with an Office of Inspector General to extend oversight to probation and animal control in San Diego County; the author and county supervisors supported it, but probation officials opposed it as duplicative. AB 2385, by Assemblymember Petrie-Norris, would clarify local authority to plan for disaster recovery and create local reconstruction agencies; cities and other supporters said it would improve post-disaster rebuilding. AB 1976, by Assemblymember Hitt, would limit late-stage public process for pedestrian, bicycle, and traffic calming projects and exempt pedestrian malls from CEQA; supporters framed it as a safety streamlining measure, while local government groups raised concerns about reduced community engagement. The committee also adopted the consent calendar for AB 2118 and AB 2728. Final votes were taken after quorum was established: AB 1945 passed 6-0 to the Senate floor; AB 1976 passed 5-1 to the Committee on Transportation; AB 2058 passed 7-0 to Appropriations; AB 2385 passed 6-1 to Emergency Management; AB 2418 passed 7-0 to Judiciary; AB 2433 passed 7-0 to Housing; AB 2760 passed 5-2 to the Senate floor; and the consent calendar was adopted 7-0.
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 03/16/26
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- I think we had and partner with lenders.
- <00:36:28.000><c> a</c> finance authority would do that is a finance authority would do that is a lender
- of money, whether that is lender of money, whether that is private,<00:36:30.560><c> philanthropic,<
- We were We will work with the<00:37:25.400><c> lender,</c><00:37:25.840><c> but</c><00:37:26.080><c>
- , but currently um we have a the lender, but currently um we have a watch<00:37:28.040><c> list</c><00
CA
California 2025-2026 Regular Session
Assembly Committee on Economic Development, Growth, and Household Impact Jan 27th, 2026
Transcript Highlights:
- There's community-backed lenders. There's also cities and counties that are now doing...
- There's community-backed lenders.
- business owner comes in, we help package that loan, and then we help matchmake with an appropriate lender
- There are hundreds of credible lenders that offer credible rates, and that's what we help them do.
- And there are hundreds of credible lenders that offer credible rates and that's what we help them do.
Summary:
The Assembly Committee on Economic Development, Growth, and Household Impact held an informational hearing focused on the California Small Business Development Center (SBDC) Network and its role in helping small businesses access capital, recover from disasters, and scale innovative companies. Chair Salas and Vice Chair Castillo opened by emphasizing the importance of small businesses to California’s economy and noting recent passage of AB 685, described as a small business resiliency and innovation measure. Witnesses from multiple SBDC regions and business owners testified about the network’s statewide reach, confidentiality, multilingual advising, and partnerships with universities and state agencies.
Panelists described SBDC’s work in three main areas: disaster recovery, startup and innovation support, and capital access. Testimony highlighted SBDC assistance after major disasters such as the Camp Fire, Dixie Fire, San Diego floods, and the Los Angeles fires, including help with insurance claims, grant applications, debt restructuring, and reopening businesses. Business owners from Altadena and Sacramento shared personal stories of how SBDC guidance, grants, and connections helped restore operations, preserve jobs, and navigate crises. Another panel focused on technology startups and the “valley of death,” explaining how SBDC helps founders with customer discovery, grant strategy, intellectual property, and financing; examples included a mobility-tech company and a biodegradable plastics startup that secured major grants, investment, and jobs with SBDC support.
A third panel focused on access to capital, with SBDC staff explaining lending options, state loan programs, and finance centers that package loans and match businesses with lenders. They said many small businesses need less than $100,000 and often turn to high-cost alternatives without guidance; SBDC helps them refinance and secure better terms. A beverage company founder described using SBDC to move from a failed public affairs firm to launching a tequila brand, raising capital, and building distribution. Members asked about barriers facing immigrant-owned businesses, disaster aid gaps, and regulatory burdens; SBDC representatives said their services are confidential, available to eligible businesses regardless of immigration status, and designed to connect clients to whatever public or private resources exist. No formal vote was taken at the hearing, and the meeting ended after public comment with the chair urging continued funding for SBDC and related small business support programs.
MO
Transcript Highlights:
- requirement that if you are an attorney and that you are receiving loan money, that you're not giving your lender
- What this would do is say that any lender or financial entity would have a similar concern.
- In practice, when I had a civil... ...any lender or financial entity would have a similar concern.
- And by there being an absence of a fiduciary obligation or duty, either on the lender to, again, put
Committee:
House Legislative Review
Summary:
The Committee on Legislative Review met in executive session and voted House Bill 2408 due pass by an 8-0 roll call. It then considered House Bill 3092, where a House Committee amendment was adopted and rolled into a House Committee substitute despite objections that the amendment had not received a public hearing and would repeal significant insurance-related provisions. The substitute for HB 3092 was then approved 6-3. The committee also adopted an amendment and House Committee substitute for House Bill 3004, which passed unanimously 9-0.
In open hearing, Representative Hausman presented House Bill 3090 as a transparency measure requiring the state treasurer to report annually on special treasury funds that have had no spending for five years and whether those funds were moved to general revenue. She said the bill would help lawmakers identify inactive accounts and unused money. Members asked how the reporting would work, what funds might be affected, and whether the bill would move unused balances into GR after five years; the sponsor said it would. No witnesses testified for or against, and the hearing closed.
The committee then heard House Bill 3205 from Representative Castile, which would regulate third-party litigation funding, require disclosure of outside and foreign-linked funders, restrict funding from foreign adversaries, and give enforcement authority to the Attorney General. Members questioned the bill’s scope, including whether the foreign-terrorist language could be read too broadly and how liability and funding-risk provisions would work. Testimony in support came from Associated Industries of Missouri, the Missouri Insurance Coalition/Missouri Civil Justice Coalition, and medical associations, all arguing that litigation funding can distort lawsuits, hide outside influence, and expose businesses and plaintiffs to abusive or foreign-backed financing. No opposition testimony was offered, and the hearing concluded.
KY
Kentucky 2025 Regular Session
Commission on Race & Access to Opportunity (6-24-25)
Transcript Highlights:
- We have 26 lenders at one time. You don't have to go to the bank to get turned down, right?
- They get one credit pool presented once in front of all the lenders that are interested, and those lenders
- speak to how many lenders we got now?
- Uh, we have 26. 26 lenders at one now?
- lenders</c><00:14:33.920><c> will</c><00:14:34.160><c> then</c> interested and those lenders will then
Summary:
The committee heard testimony focused on barriers facing minority-owned businesses and on local programs intended to improve access to capital and contracting opportunities. A representative from the U.S. Black Chambers described disparities in minority spending, argued for more intentional and transparent investment in Black communities, and emphasized the need to disaggregate data, hold officials accountable, and expand tools such as the byBlack certification directory. He also stressed that businesses need technical assistance, resources, and opportunities to grow through mergers, consortiums, and joint ventures.
The main presentation then came from Larry Forester and Tyrone of Commerce Lexington, who outlined what they called eight major barriers for minority businesses, including limited access to capital, weak mentorship networks, discrimination and bias, bureaucratic hurdles, branding and visibility challenges, stereotyping, generational knowledge gaps, and limited financial literacy. They described several Commerce Lexington initiatives: the Access Loan Program, which brings small businesses before a pool of 26 lenders; a Minority Business Accelerator to help firms scale and connect with prime contractors; and an Opportunity Exchange for business owners to share experiences and lessons learned. They said the Access Loan Program has funded nearly $26 million in loans with an average loan size of about $62,000.
Members asked about bias in lending and how to make contracting and certification easier for minority firms. Forester said applications are vetted by a subcommittee before reaching the full lender group, with attention to completeness and readiness, and that only one lender needs to say yes. On contracting, the witnesses said certification can be burdensome and suggested more hands-on help from the state, relationship-building events that include decision-makers, and incentives rather than mandates. They also relayed policy ideas from a business owner, including culturally informed underwriting, public-private matching grants, supplier diversity enforcement, and mentorship tied to capital access. No votes or formal committee actions were taken in the portion provided.
CA
California 2025-2026 Regular Session
Assembly Floor Session Sep 8th, 2025
California House Floor Meeting
Transcript Highlights:
- As a result of the unchanged inspection deadlines, many lenders have required compliance, of our colleague
- As a result of the unchanged inspection deadlines, many lenders have required compliance, Unchanged inspection
- deadlines have led many lenders to require compliance with the requirements.
- This bill will remove the arbitrary and harmful wage cap in place for incarcerated workers throughout
Summary:
The Assembly met after a quorum call and prayer, then handled a long consent and third-reading file with many Senate bills, most of them passing with little or no opposition. Early procedural actions included rescinding the prior passage of SB 351, suspending the floor-amendment deadline for SBs 80, 351, and 415, and referring several measures to committees. Members also welcomed new Assembly Member Natasha Johnson and recognized guests and an intern.
The floor then took up a wide range of policy bills. Major topics included housing and land use (including SB 5 on Williamson Act land and EIFDs, SB 516 on EIFDs, SB 233 on housing element timing, SB 262 on pro-housing policies, SB 21 on SRO conversions, SB 340 on emergency shelters, and SB 625 on disaster rebuilding), public health and health care (SB 386 on dental virtual credit card fees, SB 504 on HIV confidentiality, SB 520 on nurse midwifery education, SB 568 on epinephrine in schools, SB 582 on inactive licenses for damaged health facilities, SB 306 on prior authorization, SB 454 on PFOS cleanup, and SB 317 on wastewater surveillance), labor and consumer protections (SB 261 on wage theft enforcement, SB 291 on workers’ compensation compliance, SB 355 on wage theft judgments, SB 517 on home improvement disclosures, and SB 82 on limiting arbitration clauses), and elections/government transparency (SB 3 on signature curing, SB 398 on paying people to vote or register, SB 470 on teleconferencing for state boards, and SB 595 on local financial reports).
Other measures addressed transportation and infrastructure, including SB 371 on TNC insurance coverage, SB 78 on dangerous highways, SB 419 on hydrogen vehicle tax treatment, and SB 86 on the clean energy financing tax exclusion. The Assembly also approved bills on criminal justice and public safety such as SB 734 on due process for law enforcement officers, SB 701 banning signal jamming devices, SB 380 on transitional housing for sexually violent predators, and SB 20 on silicosis prevention. Several bills focused on education and equity, including SB 241 on AI guardrails in community colleges, SB 670 on immigrant integration in adult education, SB 411 on Sun Bucks and student food insecurity, SB 437 on descendant-status verification for reparations-related work, SB 388 creating a California Latino Commission, and SB 373 strengthening oversight of out-of-state nonpublic schools for students with disabilities.
Most measures passed overwhelmingly, often unanimously; a few drew notable debate, especially SB 388, which saw opposition over creating another commission, and SB 398, which prompted discussion about election-related incentives. The session ended with continued passage of additional bills, including SB 514 on wildfire defensible space reporting, with the chamber moving through the file and recording numerous aye votes and immediate transmittals where required.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/25/25
Housing Finance and Policy
Transcript Highlights:
- , home buyer education providers, nonprofit community lenders, and more.
- Via RFP, we selected 10 partner DPA lenders across the state.
- This program allows borrowers to utilize any lender they would like to with any program.
- We're the largest retail mortgage lender in the state of Minnesota.
- This is just who the DPA lenders were.
Committee:
House Housing Finance and Policy
MN
Minnesota 2025-2026 Regular Session
Press Conference: DFL Leaders Speak on 2026 Bonding Priorities - 04/28/26
Transcript Highlights:
- Um that's a good deal for Minnesotans, and it means lenders are looking at us cuz they know we pay our
- Um that's a good deal for Minnesotans, and it means lenders are looking at us cuz they know we pay our
- Um that's a good deal for Minnesotans, and it means lenders are looking at us cuz they know we pay our
- 09:53.040><c> us</c><00:09:53.200><c> cuz</c><00:09:53.360><c> they</c><00:09:53.480><c> know</c> lenders
- are looking at us cuz they know lenders are looking at us cuz they know we<00:09:54.040><c> pay</c><
Summary:
Senate leaders and supporters held a press availability focused on passing a state capital investment, or bonding, bill this session. Chair Sandy Pappas said the state has received more than $7 billion in project requests and is pushing for a $1.4 billion bonding package to address infrastructure needs such as clean water, state parks and trails, college and university repairs, sewer capacity for housing growth, and other public facilities. She and other speakers stressed that delaying projects raises costs and that they do not expect a special session, making action before adjournment especially important.
Testimony from labor and legislative leaders emphasized the economic benefits of bonding. Anthony Wilkie of SMART Local 10 said public bonding projects create work hours for skilled trades and cited Fraser Hall at the University of Minnesota as an example of a project that employed union members. Senator Nick Frentz argued that bonding supports jobs, especially in greater Minnesota, and highlighted water infrastructure needs, including communities facing manganese contamination and high water rates if they must finance treatment plants alone. Senator Ann Johnson Stewart pointed to PFAS-related water treatment costs in Minnetonka Beach and said she would support higher education and water projects.
Majority Leader Erin Murphy said the Senate is working toward the $1.4 billion target, noting the state’s AAA bond rating and the need to keep borrowing costs low. She also said the recent Metro Surge period led to about 4,000 lost construction jobs, strengthening the case for a bill this year. In response to questions, Pappas said negotiations with Senator Housley and House leaders were underway but still early, with no final target set yet; she said staff are preparing project lists and language, and that some items, such as HCMC, may move separately. No formal vote was taken in the exchange, but the speakers expressed optimism about reaching a bipartisan agreement before session end.
MO
Missouri 2026 Regular Session
Economic Development Feb 17th, 2026
Joint Committee on Rural Economic Development
Transcript Highlights:
- I'm assuming that the public prompt pay and this document are both assignable to the lender.
- Assignable to the lender? Yes, yes, sir. Okay, thank you. Additional questions for this witness?
- I'm assuming that the public prompt pay and this document are both assignable to the lender.
- Assignable to the lender? Yes, yes, sir. Okay, thank you. Additional questions for this witness?
- We've inquired from our lenders, our title companies.
Summary:
The committee first met in executive session and voted several bills do pass. House Bill 2409 was approved 14-0, House Bill 2654 was approved 15-0, and House Bill 2747 was approved after adoption of a House committee amendment and substitute, also by a 14-0 vote. The committee then moved into public hearing on House Bill 1915, which would regulate payment practices in private construction contracts. Representative David Castile, the sponsor, said the bill was intended to ensure timely payment to contractors, subcontractors, and suppliers, limit abusive contract clauses, and require written notice before withholding payment. He emphasized that it was aimed at larger private projects and not owner-occupied residential work.
Testimony on HB 1915 was mixed. Supporters, including electrical, mechanical, and subcontractor associations, said delayed payment is common, especially for smaller firms, and argued the bill would improve cash flow and reduce the need for liens. Opponents, including general contractors and home builders, said the bill as filed was too restrictive, especially the seven-day downstream payment deadline and the limits on withholding and termination rights, and warned it could increase costs and burden small builders. Several witnesses said they were working with the sponsor on a committee substitute to more closely mirror Missouri’s public prompt pay law and to clarify the residential exemption.
The committee then heard House Bill 2151, which would raise income eligibility limits for the Fast Track Workforce Incentive Grant from $40,000 to $50,000 for single filers and from $80,000 to $100,000 for joint filers. Representative Travis Wilson said the change was meant to reflect inflation and expand access for adults changing careers, apprentices, and other eligible students. Supporters from community colleges, chambers of commerce, and workforce groups said the program is working well, is budgeted, and helps fill workforce needs; one witness cited strong completion and retention rates among recipients. No opposition was presented, and the hearing concluded with adjournment of the committee.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Regulatory Authority Nov 6th, 2025
Transcript Highlights:
- parking rules that can hinder a project's ability to meet market demand and basically comply with lenders
- have seven recommendations for the Legislature to consider as a part of this work: to set a binding cap
- And it's often because, I don't know, a lender or financing requires our regulatory review.
Summary:
The Assembly Select Committee on Regulatory Authority held its first hearing to examine how California’s regulatory framework affects housing production, affordability, and timelines. Chair Pacheco and Assemblymember Haney framed the discussion around the state’s housing shortage and the need to reduce costs while maintaining environmental, safety, and community protections. The first panel featured housing experts and industry representatives who argued that state regulations, code complexity, utility constraints, and agency review processes add substantial cost and delay to development. Bill Fulton described overlapping state and local land-use authorities and the tension among housing, coastal protection, climate, and wildfire goals. CBIA’s Chris Ochoa and California Apartment Association representative Bob Raymer said building codes, energy mandates, and agency processes have materially increased per-home costs, and they urged more centralized affordability analysis and greater scrutiny of regulatory impacts. The Bay Area Council’s Louis Marante called for a statewide cost target for housing and stronger timelines and accountability for state agency reviews.
The second panel brought in state agencies to explain their roles. HCD said its housing element enforcement, streamlining laws, and technical assistance have helped increase production, shorten entitlement timelines, and improve compliance by local governments. CARB said SB 375 is a planning law that does not directly regulate land use, and argued that regional housing assumptions in sustainable communities strategies are not being fully implemented on the ground. The Coastal Commission said it works with local governments to balance coastal protection, sea-level-rise risk, and housing, and noted recent guidance and pilot efforts to streamline housing approvals in the coastal zone. The Energy Commission said its building energy standards are designed to be cost-effective and save consumers money over time, though they can add some design and documentation complexity. Fish and Wildlife and DTSC both emphasized early engagement and collaboration to reduce delays while protecting natural resources and public health; DTSC said it is refining vapor intrusion guidance and using brownfield grants to support redevelopment.
The State Water Resources Control Board said it uses general orders and basin planning to provide predictable permitting while balancing water quality, water rights, and housing needs, and noted billions in grants and loans for water infrastructure and site remediation that can support housing affordability. In response to questions from Assemblymember Haney, several agencies described ongoing coordination across departments, including regular meetings among HCD, CARB, the Coastal Commission, and transportation agencies, as well as broader interagency efforts to reduce redundancies and identify pinch points in project delivery. No formal votes or legislative actions were taken during the hearing; the main outcome was informational testimony and discussion of possible future reforms to improve coordination, predictability, and affordability in state regulatory processes.