Video & Transcript Research : 'capital assets'

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NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026

House Appropriations & Finance

Transcript Highlights:
  • They get 1% off the capital. I know what Art in Public Places is, Mr. Chairman.
  • We still had to put in our own capital, which has never happened before.
  • We had to fund our own capital. We were left the fire and the reconciliation.
  • Under our own capital.
  • pay for the capital outlay package for higher ed.
Bills: SB190, HB247, HB2, HB8
Summary: The committee reviewed drafting instructions and spending sheets for House Bill 2, focusing on both recurring and nonrecurring appropriations, reserve levels, and several late changes. Staff explained that the package would leave reserves around 28% under the current scenario, with the possibility of rising to about 30% if a separate natural disaster reform bill is enacted. Members discussed how disaster funding would be handled through a replacement Section 8 and the appropriation contingency fund, and whether the operating reserve could be tapped with explicit authorization. There was also clarification on fund types, including other state funds and interagency transfers, and on how line items were reflected in the spreadsheets. A major point of debate was how to offset additions by reducing funding elsewhere. Members discussed shifting money from the state fair/multipurpose arena request, the Office of Natural Resources Trustee, and other capital items to accommodate changes. Several senators raised concerns about cutting the Office of Natural Resources Trustee too deeply and about the purpose of those funds, including possible land purchases and floodplain mitigation in Ruidoso. The committee also discussed whether the state fair money should be reduced, with some members supporting a $25 million restoration and others preferring to leave the executive’s request intact. Staff noted that some reductions were not true cuts but swaps or offsets, such as moving local road money and using excess capital outlay reserves. Other corrections and policy items were addressed, including an increase for UNM and NMSU stadium funding, a correction to a project distribution on line 105, and funding for the Health Council. Members also noted that the public employee 1% raise was no longer funded because recurring capacity was used elsewhere, and that no COLA was included. After discussion, Senator Woods moved to adopt the drafting instructions, Senator Gonzalez seconded, and the motion passed without objection. The committee then directed staff to prepare a catch-up cleanup version of House Bill 2 for later review and said House Bill 8 would be taken up the next morning.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 4/28/25

Education Finance

Transcript Highlights:
  • department brought to us regarding their review and comment of building proposals that are done through a capital
  • department brought to us regarding their review and comment of building proposals that are done through a capital
  • department brought to us regarding their review and comment of building proposals that are done through a capital
  • department brought to us regarding their review and comment of building proposals that are done through a capital
Bills: HF1388
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 24th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • Thank you for your work on the capital budget.
  • One, you're upgrading state assets.
  • Senate capital budget as well.
  • CCA Capital is for the capital budget.
  • Currently, it's capital and transportation, but historically only capital has spent out of this particular
Summary: The committee heard a lengthy public hearing on the proposed Senate capital budget, Substitute Senate Bill 6003, followed by testimony on several other capital-related bills. Staff summarized the Senate capital proposal as using debt-limit bonds, CCA funds, and other cash resources for housing and homelessness, human services, local infrastructure, flood response, water conservation, clean energy, K-12 school modernization, and higher education projects. Senators and testifiers repeatedly contrasted the Senate proposal with the House version, especially on housing, permanent supportive housing, the Housing Trust Fund, and CCA-funded climate and water projects. Public testimony on the capital budget largely focused on project-specific requests or support. Housing and human services speakers urged more funding for affordable homeownership, the Housing Trust Fund, permanent supportive housing, weatherization, and preservation of manufactured housing communities. Other testifiers asked to preserve or add funding for projects including the Quinault Indian Nation courthouse relocation, food bank facilities, the Tubman Center for Health and Freedom, the Yakima Behavioral Health Hub sobering center, Ashley House, Housing Hope’s Alliance Place, the Washington State Health Home Program, the MAPS Youth Center, the American Indian Community Center’s Forever Home, the Congolese Integration Network’s welcoming and healing center, the Seattle Chinese Garden, and several tribal, community, and health-related facilities. K-12 and higher education speakers supported small district modernization, school seismic safety, Healthy Kids Healthy Schools, WSU minor works, Western Washington University minor works, and Cascadia College’s building project. Natural resources testimony centered on floodplain restoration, community forests, tribal land return, forest riparian easements, irrigation, dairy digesters, and waste tire cleanup. Speakers urged matching House funding for Floodplains by Design, the Community Forest Program, and trust land transfer, while others supported CCA-backed clean energy and climate resilience investments. In the final public testimony segment, local government and community representatives asked for support for public works assistance, a Snoqualmie Valley Food Bank facility, a Toppenish playground replacement, a Soxwattle recreation/emergency center, and the Seattle Chinese Garden. Committee members noted amendments were due the next day at noon. The committee then took public testimony on Engrossed Second Substitute House Bill 2251, which would reorganize CCA accounts into operating and capital accounts, adjust revenue distributions and allowable uses, expand tribal and overburdened-community reporting and consultation provisions, and change reporting frequency. Proponents said the bill better aligns CCA spending with climate, resilience, and equity goals, while critics argued it still lacks strong effectiveness requirements and weakens reporting. The committee also heard House Bill 2353 on raising the pre-design threshold for state capital projects from $10 million to $15 million with inflation indexing, Substitute House Bill 2133 making a senior center property tax exemption permanent, Substitute House Bill 2714 requiring caseload forecasts for SNAP and state food assistance, House Bill 2431 expanding fundraising days for nonprofit public assembly halls, and House Bill 1983 adjusting real estate excise tax treatment for timberland sold to governmental entities. Testimony on these bills was generally supportive, with some questions about the pre-design waiver process and the fiscal and policy effects of the tax and forecasting changes.
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 3/24/26

Capital Investment

Transcript Highlights:
  • Investment and continued Capital Investment for maintenance purposes.
  • Investment and continued Capital Investment for maintenance purposes.
  • Investment and continued Capital Investment for maintenance purposes.
  • show up as a potential earmark in a future capital budget bill.
  • show up as a potential earmark in a future capital budget bill.
WA

Washington 2025-2026 Regular Session

House Capital Budget Feb 26th, 2026 at 09:00 am

Capital Budget

Transcript Highlights:
  • Thank you for joining us today for the Capital Committee.
  • It reflects both operating costs for the Department of Labor and Industries as well as capital costs.
  • I will skip over the operating costs unless anybody has questions, but I'll say on the capital side,
  • projects, as you know, because many of our capital projects are not large.
  • We have one more session for the Capital Budget Committee.
Bills: HB2295
WA

Washington 2025-2026 Regular Session

House Capital Budget Feb 24th, 2026 at 08:00 am

Capital Budget

Transcript Highlights:
  • Welcome to the Capital Budget Committee.
  • Today we're going to hear HB 2295, which is our supplemental capital budget.
  • construction projects, $69.5 million for capital and $69.5 million for K-12 capital construction projects
  • I strongly urge you to fully fund the capital budget request.
  • The capital budget committee is adjourned.
Bills: HB2295
Summary: The Capital Budget Committee held a hearing on proposed substitute HB 2295, the supplemental capital budget. Staff briefed the committee that the proposal totals nearly $911 million in spending, including about $400 million in bonds and significant new Climate Commitment Act funding, with major investments in housing and homelessness, K-12 construction, human services facilities, and clean energy/decarbonization projects. The chair noted the hearing would be run at one minute per testifier due to the large number of speakers. Testimony was broadly supportive of the House proposal, with many witnesses asking the committee to preserve or increase specific items in final negotiations. Speakers highlighted funding for affordable housing and homeownership, weatherization, manufactured housing preservation, early learning facilities, behavioral health and substance use treatment, school modernization and seismic safety, community health hubs, and tribal and local infrastructure projects. Several tribal, local government, and nonprofit representatives thanked the committee for projects such as the Quinault tribal courthouse replacement, Thurston County’s justice center request, the Skokomish land return, community forests, and floodplain restoration, while urging continued support in conference with the Senate. Other testimony focused on project-specific requests, including Cascadia College’s next building, Eastern Washington University’s solar array and maintenance needs, WSU deferred maintenance and health education space, the Port of Tacoma’s cleanup grant language, and the City of Kent’s request for rooftop solar funding. Environmental and climate advocates supported investments in flood resilience, clean energy, and CCA-funded programs, while some cautioned against using CCA dollars to backfill existing obligations. At the close of the hearing, the chair said the committee would not take amendments, would work on a technical fix striker, and planned to vote the bipartisan capital budget out on Thursday.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Arizona State Retirement System and the Public Safety Personnel Retirement System to monitor digital asset
  • previous bills, I addressed my general concern for states being involved with cryptocurrency digital assets
  • previous bills, I addressed my general concern for states being involved with cryptocurrency digital assets
  • But we are encouraging them to consider and to closely monitor and then consider those particular assets
  • but we are encouraging them to consider and to closely monitor and then consider those particular assets
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 14th, 2026 at 10:35 am

House Taxation & Revenue

Transcript Highlights:
  • Then they go through the statewide capital outlay process through the LFC in the fall.
  • So with bonding like this, will it be able to hit the ground a lot quicker than sometimes our capital
  • So with this, the bonds, that's different than capital outlay.
  • And the state fairgrounds are an asset of the state.
  • And the state fairgrounds are an asset of the state.
Bills: HB248, HB309, HB332, SB48
LA

Louisiana 2026 Regular Session

Appropriations Apr 14th, 2026

Appropriations

Transcript Highlights:
  • Members, House Bill 2 provides for the comprehensive capital outlay budget.
  • And what we're doing today is State General Fund Direct, so you are appropriating money to capital projects
  • You're appropriating money to capital projects in recurring funds.
Bills: HB2
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 11th, 2026 at 04:38 pm

Senate Finance

Transcript Highlights:
  • Any of her capital to fund this? No, actually, Mr.
  • I mean, if you're taking capital monies because you're, it's capital bonding, right?
  • Capital outlay changes. So. House Bill 247, which we'll hear tomorrow, capital outlay changes.
  • Capital Outly changes. So. House Bill 247, which is, we'll hear tomorrow, capital out late changes.
  • else's capital outlay.
Bills: SB152, SB145, SB190, HB247
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 11th, 2026 at 09:05 am

Senate Finance

Transcript Highlights:
  • Their audits are the only thing we require in their audits is that they have audits for capital outlay
  • So plugging all these costs in and accounting for the $74 million in capital that we needed to put in
  • The House should have put all the capital in and then begun. I can't believe LFC let them do that.
  • And we do have the capital bill here. We'll probably hear that this afternoon. Mr.
  • And we do have the capital bill here. We'll probably hear that this afternoon. Mr.
Bills: SB152, SB145, SB190, HB247
US
Transcript Highlights:
  • The Small Business Administration is intended to support small businesses by providing capital, contracts
  • Previously, he served as the Acting Associated Administrator in the SBA's Office of Capital Access and
  • Leffler, the Associate Administrator of Capital Access, and all of the relevant SBA staff to make sure
  • Access to capital, contracting, and counseling small businesses to grow.
  • the policies of the small business administration with access to capital and targeting some of these
Summary: The Committee on Small Business and Entrepreneurship convened to consider the nominations of Bill Briggs for Deputy Administrator of the SBA and Dr. Casey Mulligan for Chief Counsel for Advocacy. The discussions highlighted the critical role of the SBA in promoting small businesses, with emphasis on overcoming challenges posed by excessive regulations and the need for improved access to capital. Several committee members expressed their concerns over recent layoffs within the SBA and the closure of district offices, which they believe undermine support for small businesses across the nation. The committee meeting saw extensive dialogue about the implications of regulations on small business operations and how the nominees plan to address these issues if confirmed. Public support for the nominees was acknowledged through letters from various stakeholders who advocate for small business interests.
TX

Texas 89th Regular

Administration May 7th, 2025

Administration

Transcript Highlights:
  • Members, this resolution seeks to reaffirm Poteet, Texas, as the official strawberry capital of Texas
  • This resolution will redesignate the town of Dripping Springs as the Wedding Capital of Texas for the
  • As such, House Concurrent Resolution 74 designates Carthage as the official Country Music Capital of
  • It basically designates Port Aransas as the fishing capital of Texas. Any questions? Members?
  • HCR 50 designates Galveston as the Mardi Gras Capital of Texas for a 10-year period ending in 2035.
Summary: The Senate Committee on Administration met with a quorum and took up a series of pending resolutions, bills, and the local uncontested calendar. The committee first reported HCR 80 favorably and placed it on the May 9, 2025 local and uncontested calendar. It then heard and approved several commemorative resolutions, including HCR 12 designating September as Deaf Awareness Month for 10 years, HCR 55 reaffirming Poteet as the Strawberry Capital of Texas, HCR 56 designating May as NEC and Breastfeeding Awareness Month, and HB 3096 creating Profound Autism Awareness Day on March 17. Each of these measures was reported favorably to the full Senate, with no opposition in testimony except HB 3096, which included supportive testimony from Tara Duval describing the needs of individuals with profound autism and their families. The committee also approved HCR 58 redesignating Dripping Springs as the Wedding Capital of Texas, SB 2959 designating August as Firearm Safety Month, HCR 74 naming Carthage the Country Music Capital of Texas, HCR 78 establishing Lone Star Santa’s Charities Day, HCR 116 redesignating Brownsville as the Bicycling Capital of the Rio Grande Valley, and HCR 117 designating Port Aransas as the Fishing Capital of Texas. SB 2959 drew supportive testimony from Stephen Price, who emphasized gun safety, suicide prevention, and public awareness, while other measures received no public testimony. All were reported favorably and recommended for the May 9 local and uncontested calendar. Later, the committee approved HCR 6 naming Galveston the Juneteenth Capital of Texas, HCR 50 naming Galveston the Mardi Gras Capital of Texas, HCR 107 making the Texas Almanac the official State Book of Texas, HCR 70 designating Jim Hogg County as the Vaquero Capital of Texas, HCR 71 recognizing LaSalle County for wild hog hunting and related traditions, and HCR 29 designating April as Counseling Awareness Month. HCR 6 received testimony from a Galveston city representative in support of the Juneteenth designation, and HCR 29 received testimony from the Texas Counseling Association supporting recognition of counselors. Finally, the committee certified the May 9, 2025 local and uncontested calendar after removing 32 bills for reasons including penalties, fiscal notes, or opposition, specifically noting SB 317 was removed due to criminal and civil penalties, and then recessed.
AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Jan 14th, 2026

Financial Services

Transcript Highlights:
  • growing—digital, crypto, Bitcoin, that arena—we really have no way to capture what it is to have digital assets
  • We're adding in some definitions relating to what digital assets are.
  • We're adding in some definitions relating to what digital assets are.
Bills: HB55, HB104, HB55, HB104