Transcript Highlights:

• Section six, leases that assets between the city and the authority shall continue until all bonds are
• Section 21: The authority has the power to issue refunding bonds.
• Section 21, authority has the power to issue<00:09:32.720> refunding<00:09:33.279> bonds.
• Section 24: The authority has power to use personal property, real property, mortgage, redeem bonds,
• Section 26: Bonds issued by the authority are not subject to taxes.

Keywords: Energy - Room 409, 3 March, 2026; 1:30 P.M., 925, all

Summary: The committee first considered House Bill 1049, which was explained as a House vehicle used to insert two previously introduced Senate bills: the rural water oversight committee bill and a measure expanding PSC authority to reject certain certificated areas for municipalities serving customers more than one mile outside city limits, with water utilities added to the existing electric utility language. The committee adopted the strike-off amendment and then passed the amended bill, which was reported out. Next, House Bill 1305 was taken up. The bill would expand oversight of municipally owned electrical distribution systems by allowing the Public Service Commission to conduct audits, but it included a reverse repealer because further work was still needed. The sponsor said he wanted to ensure systems that do not need auditing are not unnecessarily included. The committee adopted the strike-off amendment and then reported the bill. The final and most detailed item was a bill creating the Metro Jackson Water Authority. The sponsor described it as a response to Jackson’s water crisis and warned that without action the city could face bankruptcy and bondholder enforcement. The bill would create a new authority covering Jackson water and wastewater service areas, establish a board with appointments by the mayor, governor, lieutenant governor, and others, transfer operations when the court-ordered process ends, and give the authority powers over rates, contracts, bonds, procurement, reporting, and related financial matters. A committee member asked whether population-based language would capture any city other than Jackson; the sponsor said Jackson is the only city over 100,000 population and acknowledged a drafting issue, noting the reverse repealer was included because the bill was not yet perfect. After the strike-off was adopted, the committee voted to report the bill.

Transcript Highlights:

• The bill, as filed, proposes more than $5 billion in bond authorizations to support a portfolio of critical
• The Accelerated Bridge Program authorized almost $3 billion worth of special obligation bonds secured
• ... ...programs that were originally authorized in the last comprehensive transportation bond bill, which
• So at the bottom of the bill, in the sections that authorize how much bonding the state will do, it's
• as special obligation bonds under this authorization.

Keywords: 995, all

Summary: The Joint Committee on Bonding, Capital Expenditures and State Assets held a public hearing on H. 5279, a bill financing long-term improvements to municipal roads and bridges. MassDOT and A&F testified in support, describing the bill as a more than $5 billion transportation bond package centered on a four-year, $1.2 billion Chapter 90 authorization, plus funding for MBTA rail reliability and modernization, housing-related transportation improvements, a new DCR/MassDOT PRISM program for parkways and other DCR assets, and reauthorizations of the Municipal Pavement Program, Shared Streets and Spaces, and highway programs. They said the bill would support safety, resilience, housing production, and multimodal transportation, and noted that some bonds could be issued as special obligation bonds backed by the Commonwealth Transportation Fund and Fair Share revenues. Committee members asked about the size and structure of the authorizations, the federal match for highway projects, the source of MBTA vehicle procurement, bridge repair needs, and whether the housing-related funds could be used flexibly for items like sidewalks, bike lanes, bus stops, and other local transportation improvements. Administration witnesses said the bill is intended as a temporary refill of existing programs until a larger transportation bond bill is filed next session, that the federal-aid line includes the full spending authority while the state only borrows the 20% match, and that the housing-related program is deliberately broad and not limited to MBTA communities. They also said Chapter 90 includes a road-mile component that especially helps rural communities and that preservation and safety are built into the programs. The Massachusetts Municipal Association also testified in strong support, emphasizing that Chapter 90 is the most important tool municipalities have to maintain the roughly 30,000 miles of local roads and bridges they are responsible for. MMA urged timely passage before construction season and praised the continued $300 million Chapter 90 level, especially the $100 million road-mile distribution that helps communities with large road networks and smaller populations. No votes were taken on the bill, and the hearing concluded with adjournment after testimony ended.

Transcript Highlights:

• the 2010A bonds and not exceeding $31.5 million to refinance 2016A bonds.
• the 2010A bonds and not exceeding $31.5 million to refinance 2016A bonds.
• bond insurance.
• The bond commission, by the bond commission, the bond shall be deemed to have been sold by the commission
• There's about $178,000 remaining in approved fees for the remaining bond issuance authority.

Keywords: 974, senate, all

Summary: The State Bond Commission met on May 21 with a quorum present and approved the April 16 minutes. The commission then reviewed and approved a large slate of local government and public authority financing requests, including election propositions for the November ballot, water and sewer infrastructure projects, fire protection and recreation district bonds, school board financing, and several refunding transactions. Most items were found to meet technical requirements and were approved on motions by Speaker DeVillier and seconded by Senator Talbot. Among the more notable items were the East Baton Rouge City-Parish refunding bonds for the Greater Baton Rouge Airport District, the City of Kenner’s retroactive approval request tied to a convention center agreement with GMB Basketball LLC, a Louisiana Housing Corporation financing increase for the Federal City Building 10 affordable housing project, and preliminary approval for the Northwest Louisiana Finance Authority’s Petro Tower redevelopment in Shreveport. The commission also approved financing for Southern University’s Scott’s Bluff student housing project and the Crescent City Schools/Harriet Tubman Charter School project. The Crescent City Schools item prompted questions about how MFP funds are used; staff explained that lease payments would support the bonds and that MFP funds are generally split between educational expenses and facilities-related costs. The commission received six monthly cost-of-issuance reports, which required no action, and a status update on the state debt schedule. It also approved Resolution No. 2 authorizing up to $425 million in general obligation refunding bonds to refund the Series 2016 bonds and tender other outstanding bonds for savings, with pricing tentatively set for June 16 and closing for June 30. During other business, New Orleans City Council President J.P. Morel thanked the commission for its role in helping address the city’s fiscal crisis and for approving a charter amendment election item aimed at strengthening budget oversight. The meeting adjourned after no further business.

Transcript Highlights:

• revenue bond.
• bonds.
• bonds.
• , GO bonds, general obligation bonds issuing large general obligation bonds.
• bond issues.

Transcript Highlights:

• As you know, when a bonding bill is first authorized, all of those bonds are not sold at once.
• bills from the forecast. when a bonding bill is first authorized, when a bonding bill is first authorized
• authorized,<00:55:58.960> they When bonds are first authorized, they When bonds are first
• <00:58:25.440> authority<00:58:26.640> which any future new bonding authority which
• > authority<01:04:52.799> over does extend the bonding authority over does extend the bonding

Keywords: 1183, house

Transcript Highlights:

• <00:08:20.280> authorizations<00:08:21.280> could amount of bonding authorizations
• could amount of bonding authorizations could be<00:08:21.919> over<00:08:22.160> the<00
• Some other states don't have authority to issue their own general obligation bonds.
• That unintroduced language proposes the bond appropriation bond authorization for $394.61 million for
• to GEO bonds where the um<01:49:38.000> the<01:49:38.400> operating<01:49:38.880> authority

Keywords: 1187, senate, all

Transcript Highlights:

• They either issue the bonds and make loans from those bonds, or they bring all their issuances together
• And this is a 2025 bond issue.
• who's going to underwrite the bond.
• So our bonds have a 10-year call.
• to pay off bonds.

Transcript Highlights:

• through the public facilities authority. through the public facilities authority.
• bonding bill done. Thank you. bonding bill done. Thank you.
• And we also urge the legislature to pass authorization for additional trunk highway bonds, with the debt
• additional trunk authorization for additional trunk highway<00:37:44.000> bonds<00:37:44.560>
• All of these bills would authorize an additional $334 million in trunk highway bonds.

Keywords: 1187, senate, all

Transcript Highlights:

• things, the specific purpose for which the bond was, uh, You know, marketed and authorized for, uh,
• bonds.
• were authorized under certain conditions.
• To use old bond monies for purposes that were not originally authorized.
• Because I thought ISDs might be tempted to use authorized but unissued bond monies in costly and controversial

Transcript Highlights:

• have additional bonding authority to work from to fund large state highway projects.
• So, the bonding authority would kick in this May, allowing The department to get going on some of the
• And so it's really important that we get this bonding authority in place.
• If and when the State Transportation Commission maxes out their bonding authority, which is actually
• revenues to pay debt service on the first debts taken on under the new bonding authority.

Keywords: 996, all

Transcript Highlights:

• Uh, House File 3806 authorizes 200 million in housing infrastructure bonds, our state's bread-and-butter
• Uh, House File 3806 authorizes 200 million in housing infrastructure bonds, our state's bread-and-butter
• Thank you. ...authors for a bonding bill when the funds do not go directly to the author or the co-author's
• <01:19:46.800> Uh highway bond authorization this year.
• Uh highway bond authorization this year.

Bills: HF4736, HF4737, HF3806, HF3352, HF4840, HF3748

Keywords: emergency shelter, grant program, homelessness, capital investment, Minnesota Statutes, appropriation bonds, public funding, housing, infrastructure bonds, funding, appropriation, Minnesota constitutional amendment, public debt, state bonds, general obligation bonds, information technology, IT infrastructure, software licenses, technology modernization, capital improvements

Transcript Highlights:

• Fifth instance, section 9 of Act 33 establishes the bond-funded project authorizations for the Agency
• Fourth instance, section 5 of Act 33 includes the bond-funded project authorizations in the building
• Fifth instance, section 9 of Act 33 establishes the bond-funded project authorizations for the Agency
• And it seems like the wiggle room seems to come from the bonding authority of the bill.
• room seems to come from the bonding room seems to come from the bonding authority<00:48:40.560><

Keywords: 927, senate, all

Transcript Highlights:

• bonding or our debt service limit.
• bonding or our debt service limit.
• bonding or our debt service limit.
• bonding or our debt service limit.
• She also asked whether other agencies or authorities have similar bonding authority.

Keywords: 1183, house

Transcript Highlights:

• It doesn't say that the bonds—the bonds—the tax can still be imposed even past when the bonds are paid
• Authority to then spend, utilize the 75% they get from this for paying back the bond.
• To only cover the bonds.
• bonds.
• used to pay the bonds.

Transcript Highlights:

• Subdivision three is the bonding authority that authorizes the city to issue bonds to finance the projects
• Subdivision three, bonding authority, authorizes the city to issue bonds to finance the project listed
• <00:54:20.480> authority Senator Raric in the bonding authority Senator Raric in the bonding
• Bonding authority would authorize the city to issue the bonds listed in subdivision 2 if approved by
• Bonding authority uh new fire station.

Keywords: 1187, senate, all

Transcript Highlights:

• He was also Co-Chair of the Alabama Digital Expansion Authority and the Alabama Rural Broadband Oversight
• I've had an opportunity to serve with him on the Alabama Digital Expansion Authority, and he has done
• So we had a little bit of a bond there and became good friends very... ...of a bond there, and we became

Bills: SJR 3, SB 5, SB 21, SB 72, SB 703, SB 764, SB 790, SJR 36, SJR 3, SJR 34, SJR 18, SCR 9, SB 616, SB 565, SB 384, SB 5, SB 21, SB 72, SB 140, SB 262, SB 370, SB 372, SB 495, SB 627, SB 703, SB 764, SB 842, SB 971, SB 790, SB 767, SB 480, SB 1066, SB 929, SB 765, SB 523, SB 62, SB 19, SB 18, SB 666, SB 688, SB 707, SB 888, SB 687, SB 706, SB 847, SB 869, SB 890, SB 992, SB 1145, SB 494, SB 290, SB 766, SB 11, SB 10, SB 13, SB 263, SJR 3, SB 5, SR 172, SR 176, SR 177, SR 190, SR 193, SR 194, SR 202, SR 203, SR 208

Keywords: dementia, Alzheimer's disease, Parkinson's disease, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, research institute, funding, grants, state health initiatives, cryptocurrency, bitcoin, investment reserve, economic resilience, financial security, vehicle rental, damage waiver

Transcript Highlights:

• To be members of the Guadalupe Bronco River Authority Board of Directors Stephen B.
• Members, I'm delighted to author Senate Resolution 202 to recognize the town of Pecos City and Reeves
• legislation for Texas's EMS during the 19... 1980s, the TAA has become recognized as the established authority
• Questions of the author Mr. President. Do you yield? Of course yes. Thank you Mr.

Bills: SJR3, SB5, SB21, SB72, SB703, SB764, SB790, SJR36, SJR3, SJR34, SJR18, SCR9, SB616, SB565, SB384, SB5, SB21, SB72, SB140, SB262, SB370, SB372, SB495, SB627, SB703, SB764, SB842, SB971, SB790, SB767, SB480, SB1066, SB929, SB765, SB523, SB62, SB19, SB18, SB666, SB688, SB707, SB888, SB687, SB706, SB847, SB869, SB890, SB992, SB1145, SB494, SB290, SB766, SB11, SB10, SB13, SB263, SJR3, SB5, SR172, SR176, SR177, SR190, SR193, SR194, SR202, SR203, SR208

Keywords: dementia, Alzheimer's disease, Parkinson's disease, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, research institute, funding, grants, state health initiatives, cryptocurrency, bitcoin, investment reserve, economic resilience, financial security, vehicle rental, damage waiver

Transcript Highlights:

• This authorizes $1.5 billion in bonding authority for state road funds or the Highway Infrastructure
• that we're working with and the authority of the State Transportation Commission, this bonding authority
• Also, I want to note that the existing bonding authority that's in law has a cap of 1.12 billion of outstanding
• We bonded roads for 20 or 30 years. They bonded the Railrunner. They bonded the Spaceport.
• authority.

Bills: SB2

Keywords: SB 2, State Highway Project Bonds, highway funding, transportation bonds, state road fund, motor vehicle fees, vehicle registration fees, electric vehicle fee, EV surcharge, plug-in hybrid fee, weight distance tax, road construction, infrastructure financing, Department of Transportation, State Transportation Commission, bonding authority, county road funds, municipal road funds, transportation improvement program, state highways

Transcript Highlights:

• There's really nothing new, so we already have, you know, that bonding has been authorized.
• So anything that has been authorized for the Business Finance Authority, the Pease Development Authority
• When we finished all these calculations, it correlates to another billion dollars in bond authorization
• <00:44:11.559> and billion dollars in bond and billion dollars in bond and authorization<00
• <00:45:39.359> and again um any additional Bond and again um any additional Bond and authorization

Keywords: 1189, house, all

Summary: The Public Works and Highways committee held a capital budget orientation led by Legislative Budget Assistant Office staff, who walked members through the budget materials, the capital budget process, and the committee’s compare sheet. The presentation explained that agencies begin developing capital requests nearly a year in advance, submit them by May 1, and that the governor’s recommended capital budget is a reduced version of the much larger agency wish list. Members were told the agencies initially requested about $1.1 billion in projects, the catalog was trimmed to just over $400 million in general fund projects, and the governor’s recommendation in the pink book totals about $143 million in general fund capital appropriations. The committee also reviewed the prior capital budget and related statutes and committee procedures. Several specific projects drew discussion. The Department of Education’s CTE projects were explained as having been shifted into the operating budget in the prior cycle and now returning to the capital budget recommendation; members asked whether there was a backup CTE project and whether local approval had been secured for the named project. The Cannon Mountain tramway request was highlighted as a $20 million recommendation, with the presenter explaining that an earlier $18 million appropriation would be lapsed back to the general fund to help balance the budget. The Department of Corrections’ new prison project was also discussed; members were told the state has already appropriated $50 million for planning and site evaluation, but the governor’s current capital budget does not include a new prison construction appropriation because the project is not yet ready for that phase and may need to be funded differently, possibly through a separate, staggered appropriation. State Treasurer Monica Mezzapelli then presented on debt affordability and the state’s borrowing capacity. She said the state’s credit position has improved, with the debt-to-revenue ratio falling from 8.2% in 2015 to 3.8% in 2024, and explained that RSA 6-C limits debt authorization to 10% of unrestricted prior-year revenue. She noted that the Treasury’s planning assumes $60 million in annual bond issuance, with the prison-related $40 million now expected to be issued in 2026 rather than 2025 because the project is not ready to spend the funds. She said the state can still borrow more, but additional debt service must be paid from operating funds, and recommended keeping capital bonding in the $120 million to $130 million range to preserve affordability and the state’s credit rating. Members asked for clarification on the CTE funding shift, the prison schedule, and the meaning of the large agency request totals. The chair and treasurer discussed the governor’s $143 million recommendation versus the committee’s usual target range, and the treasurer said $130 million would be more comfortable than $140 million, with $135 million described as a possible compromise. No formal votes or committee actions were taken in the portion provided; the meeting was informational and ended with the presenters offering to answer follow-up questions as agencies come before the committee.

Transcript Highlights:

• And as I'll discuss, the bonding<00:02:03.360> bill, bonding bill, bonding bill, um,<00:02:04.880
• only two bonding bills. only two bonding bills.
• through bonding alone. through bonding alone.
• bonding bill. bonding bill.
• . authority. authority.

Keywords: 1183, house