Video & Transcript Research : 'asset limits'

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TX

Texas 89th 2nd C.S.

Business and Commerce Apr 1st, 2026

Business & Commerce

Transcript Highlights:
  • Resource entities are the owners and operators of the assets on the system.
  • Well, everything is dispatchable on a certain limit as well.
  • And they categorize assets into low-, medium-, and high-impact.
  • An energy storage resource has dispatchability, but it has duration limitations.
  • We can schedule and move power, and we're fairly limited in what we can do.
Summary: The Senate Committee on Business and Commerce held its first interim hearing on securing critical infrastructure and supply chain integrity, with a focus on Texas’s electric grid and the Lone Star Infrastructure Protection Act. The chair also highlighted Texas’s relatively low electricity prices and welcomed new committee members. ERCOT, the Public Utility Commission (PUC), and the Attorney General’s office were invited to explain how the state screens market participants and grid equipment for ties to China, Russia, Iran, and North Korea, and how the agencies respond to noncompliance. ERCOT testified that it has implemented the requirements of three related Senate bills by requiring attestations on corporate affiliations and on critical grid equipment and services. ERCOT said it has processed thousands of attestations, used additional requests for information and third-party verification tools such as Dun & Bradstreet, and terminated nonresponsive market participants. ERCOT also said it has not seen a case requiring direct Attorney General involvement, but it does refer matters to the PUC when needed. The PUC said it can investigate suspected violations and impose penalties of up to $1 million per violation per day, and that most investigations into late or missing attestations have been resolved through compliance, market exit, or removal by ERCOT. The Attorney General’s office said its role is currently limited to audits and court involvement, and that it lacks broad independent investigatory authority under the act. Members pressed the panel on whether the current system is too reliant on self-reporting and whether it adequately addresses indirect foreign influence, especially through supply chains for batteries, inverters, transformers, and other equipment with routable connectivity. ERCOT acknowledged that the current attestation process has gaps and said it plans to refine definitions of critical grid equipment and grid services, improve information requests, and continue stakeholder rulemaking. The panel also discussed possible legislative changes, including tying prohibitions to the Department of Defense Section 1260H list and the Texas Prohibited Technologies list, clarifying warranty and service access, and expanding the statute to cover grid services more directly. Several senators raised concerns about cost, reliability, and the extent to which foreign-sourced components remain embedded in Texas infrastructure, while others suggested incentives for domestic manufacturing and stronger verification tools, including possible work with national labs such as Sandia.
PA

Pennsylvania 2025-2026 Regular Session

House Session (Jun 30 2026)

Pennsylvania House Floor Meeting

Transcript Highlights:
  • assets or 15% of the fund's assets, whichever is lesser.
  • while ensuring the security of SWIF's assets.
  • Increasing this limit to 20% of the fund's assets is a simple, common-sense change that would give SWIF
  • I'm comfortable with increasing the amount of SWIF's assets to invest in equities to about 20%.
  • This legislation is not about limiting access to veterinary medicine.
Keywords: Scheduler, 973, house, all
Summary: The House convened, opened with prayer and the Pledge, and first handled routine business including postponing approval of the prior journal and confirming a quorum. Several committee reports were adopted, including measures from Veterans Affairs and Emergency Preparedness, Tourism and Recreation and Economic Development, Appropriations, Rules, Commerce, and Environmental and Natural Resource Protection. The chamber also adopted House Resolution 531, designating June 2026 as Scoliosis Awareness Month, after testimony from Rep. DeLosier and discussion of a constituent’s experience with severe scoliosis; the resolution passed 201-1. The House then adopted a series of additional resolutions and bills, including Diaper Need Awareness Week, a study on PANS/PANDAS, 717 Day, Little League World Series Week, and a resolution commemorating America 250 in Pennsylvania. It also passed bills on Sunshine Act agenda notice changes, veteran death notifications, Korean War Veterans Armistice Day, township audit deadlines, first responder memorials, road transfers, parole board succession, and restrictions on HOA limits for rooftop solar. The solar bill drew multiple failed amendments on HOA voting rules, native plants, energy-source discrimination, and net metering; one amendment on indemnification for elected officials at special events was adopted. In final passage votes, the House approved legislation to prohibit NDAs related to data centers, with debate centered on transparency and local control; it passed 171-31. The chamber also passed bills allowing Pittsburgh school administrators to collectively bargain, requiring hunting and trapping education options in schools, expanding SWIF’s equity investment authority, and scheduling metatomidine as a Schedule 3 controlled substance. The Counseling Compact bill and a parole-record privilege bill both passed unanimously or near-unanimously, and the House signed those measures for presentation to the Governor. The session ended with referrals of new bills to committees, a motion to adjourn, and adjournment until July 1, 2026.
TX

Texas 89th 1st C.S.

Culture, Recreation & Tourism Aug 6th, 2025

Culture, Recreation & Tourism

Transcript Highlights:
  • The team had command presence, getting assets on the water and in the air via drone and helicopter for
  • Over 475 assets were employed during those responses. 33 life saving evacuations happened that morning
  • Uh, you know, you've mentioned the cooperation between state assets.
  • Did we have, I was looking at the, the map of all of our assets on the historical side.
  • The storm knocked out, as you know, our power and we had limited cell service.
MN

Minnesota 2025-2026 Regular Session

Cap Committee Meeting - 2025-04-23

Capital Investment

Transcript Highlights:
  • That ability, combined with this new mobile command center, will be a tremendous asset for the region
  • It will also be a valuable asset for the surrounding police, fire, and EMS partner agencies, and will
  • I think it's a great project; it's a regional asset.
  • **Plymouth City Center** serves people well beyond the city limits.
  • We recognize that funds are limited, and so this is a scalable project, but it's a very worthwhile one
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means Education Committee Mar 18th, 2026

Ways and Means Education

Transcript Highlights:
  • it to the state an amendment to limit it to the state taxes<00:29:47.120> and<00:29:47.360>
  • So they looked up, they researched, they found the strengths, the assets that Alabama has to offer.
  • <00:42:55.520> that found the strengths, the assets that found the strengths, the assets that
  • <00:46:02.560> assets<00:46:02.960> in highlight the wonderful asset assets in highlight
  • the wonderful asset assets in the<00:46:03.359> state<00:46:03.520> of<00:46:03.680>
TX

Texas 89th 2nd C.S.

Homeland Security, Public Safety & Veterans' Affairs Mar 5th, 2025

Homeland Security, Public Safety & Veterans' Affairs

Transcript Highlights:
  • But if the train derailment was of such magnitude that it required additional state assets or resources
  • So that limits the hiring pool down, but we have some great folks that are doing that, but, um, that
  • time frame is more limited, uh, as for how, for how long they're going to be with the agency.
  • and creating that asset to be forfeited.
  • So just know that asset forfeiture is a very important thing to every sheriff.
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 2/25/25

State Government Finance and Policy

Transcript Highlights:
  • <00:09:36.959> um looking at our state-owned assets um looking at our state-owned assets um
  • <00:13:03.240> pres investment dollars and our asset pres investment dollars and our asset
  • pres overall<00:13:04.000> asset<00:13:04.320> preservation<00:13:04.839> needs
  • <00:13:05.240> across overall asset preservation needs across overall asset preservation needs
  • Additionally, we are the enterprise insurance agent, protecting $22.4 billion of insured state assets
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on Higher Education - 04/03/25

Higher Education

Transcript Highlights:
  • <00:05:06.240> resources effectively, making limited resources effectively, making limited
  • been told that the limit is 120 credits. been told that the limit is 120 credits.
  • <00:47:57.280> in proportional to income and assets in proportional to income and assets in
  • ,<01:38:45.280> uh million in their um uh in assets, uh million in their um uh in assets,
  • student, uh is how their their assets student, uh is how their their assets shake<01:38:56.960><
Keywords: 1187, senate, all
KY

Kentucky 2026 Regular Session

House Standing Committee on Natural Resources and Energy. (3-5-26)

Natural Resources & Energy

Transcript Highlights:
  • asset asset uh<00:21:56.400> for<00:21:56.600> this<00:21:56.800> particular<00
  • So they're actually using their own asset, their own equity, in that asset that's being stripped to apply
  • Um, it goes for a single asset up to 275 million.
  • <00:32:05.000> Striking single asset up to 275 million.
  • Striking single asset up to 275 million.
Summary: The committee first considered House Bill 667, described by the sponsor as a cleanup measure to a 2024 solid waste law. Testimony said the bill would clarify issues involving indirect access to protected information, contractors and consultants, Open Records Act interactions, and remedies when protected material is obtained. The committee voted 13-0 to pass the bill favorably and recommended it for passage on the House floor. The committee then took up House Bill 677, which would establish Kentucky’s legal and regulatory framework for carbon dioxide geological sequestration and help the state seek EPA primacy over Class VI injection wells. Supporters said the bill was the product of 18 months of work among industry, landowner, environmental, and cabinet stakeholders, and argued it would promote economic development, protect landowners, and support carbon-capture investment and related infrastructure, especially in Western Kentucky. An amendment was adopted by voice vote, and the bill then passed favorably with committee amendment attached. Finally, the committee discussed House Bill 535 as amended by a committee substitute. The bill would authorize securitization for certain investor-owned utilities with out-of-state assets, including Kentucky Power, to refinance assets such as the Mitchell plant and certain regulatory assets, with a two-year rate freeze and PSC review for net savings. Sponsors and supporters framed it as an affordability and jobs measure that could finance new natural gas generation at Big Sandy, create several hundred construction jobs, and support long-term economic development in Eastern Kentucky. Members raised concerns about utility fees, PSC discretion, and transparency; sponsors said the proposal would not be approved without overall savings and that applications would also be reviewed by the legislature, the Attorney General, and EPIC. The committee adopted the committee substitute and then passed House Bill 535 favorably, with several members explaining their votes and some noting continued reservations for floor consideration.
NH

New Hampshire 2026 Regular Session

Senate Finance (05/05/2026)

Finance

Transcript Highlights:
  • Um, again, that you know, there are no asset or resource limitations for Title II Social Security survivor
  • > for ass or asset or resource limitations for ass or asset or resource limitations for Title<
  • and resource limits.
  • and resource limits.
  • limit limit is<00:27:43.200> is<00:27:43.440> a is is a is is a is<00:27:44.600> a<
Keywords: 1191, senate, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (03/25/2025)

Transcript Highlights:
  • House Bill 302, relative to enabling the state treasurer to invest in precious metals and digital assets
  • This bill is relative to enabling the state treasurer to invest in these metals and digital assets going
  • This bill is uh relative to assets.
  • <00:06:58.479> going these metals and digital assets going these metals and digital assets
  • <00:54:45.119> were and the telecom is that the assets were and the telecom is that the assets
Keywords: 928, house, all
Summary: The hearing focused on House Bill 302, which would allow the state treasurer to invest public funds in precious metals and digital assets. The sponsor was not present, so Representative Urs introduced the bill briefly and said he did not know much about it. No one from the Treasury Department testified, and members repeatedly noted the treasurer’s absence. Susan Elme testified against the bill, arguing that these investments are highly volatile and contrary to the treasury’s duty to remain stable and liquid. She said the bill should be killed. In questioning, she estimated the 5% cap in the bill would amount to roughly $10 million, depending on available funds, and said such investing would be more appropriate for an individual day trader than for the state treasury. Members also discussed prior legislative experience with Bitcoin-related proposals and raised concerns about whether the treasury had the staff expertise to manage commodity or digital asset investing. The committee did not take a final vote; instead, it agreed to hold a work session and seek additional information from the treasurer, with a plan to revisit the bill on April 1.
TX
Transcript Highlights:
  • And the vote they get is who gets what of the limited capacity we have.
  • And the vote they get is who gets what of the limited capacity we have.
  • Further, generation assets cannot be owned by countries or entities of concern.
  • And they categorize assets into low, medium, and high impact.
  • And they categorize assets into low, medium, and high impact.
Keywords: 1185, senate, all
MN
Transcript Highlights:
  • us to continue to deposit funds in the account each year without having to worry about meeting that limit
  • c><00:02:36.800> that having to worry about meeting that having to worry about meeting that limit
  • <00:02:39.040> set<00:02:39.200> a<00:02:39.440> fair<00:02:40.400> uh limit
  • Um, it also will set a fair uh limit.
  • They leave the country, whatever, and so you have somebody with zero assets.
Keywords: 1183, house
Summary: The committee heard House File 4867, a bill from Representative Lee to make changes to the Consumer Protection Restitution Account created the prior year to help victims of fraud. The Attorney General’s Office testified that the fund has already received more than $4.5 million and is beginning its first distributions, including payments to victims of the closure of Woodbury Dental. The office said the bill would remove the current $5 million annual deposit cap and establish a more equitable distribution formula so large claims would not exhaust the fund and prevent other victims from receiving restitution. Public testimony strongly supported the bill. A Woodbury Dental victim described paying $25,000 upfront, losing her dental work when the clinic abruptly closed, and having to start over with another dentist; she said reimbursement would help her recover from the loss. An AARP Minnesota representative also supported the measure as a cleanup bill that improves the new restitution program. Members asked about how the bill would handle large claims, whether the Attorney General could still pursue defendants for additional recovery, and whether restitution payments would be taxable. The Attorney General’s Office said it would continue collection efforts and reimburse the fund if later recoveries are made, and Representative Lee said the bill includes a provision making payments non-taxable. The chair then moved that House File 4867 be laid over, and the bill was laid over without a vote on passage.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 01:00 pm

Joint Committee on State Administration and Regulatory Oversight

Transcript Highlights:
  • What is the definition, as the agency sees it, of limited duration?
  • So what do you think we can, you know, tell the public is considered limited duration?
  • Is a 10-year lease agreement or license considered limited duration?
  • Because there's not many people I know who would think that 10 years is a limited duration.
  • Now, you asked about the asset management board.
Keywords: 995, all
Summary: The Joint Committee on State Administration and Regulatory Oversight held an oversight hearing on draft regulations implementing Article 97 of the Massachusetts Constitution under Chapter 274 of the Acts of 2022, the Open Space Act. Chairs Cabral and Collins framed the hearing as a review of how the new process for dispositions or changes in use of Article 97 land would work, including public notice, environmental justice protections, replacement land, appraisals, and the role of the legislature. Under Secretary Stephanie Cooper and Commissioner Adam Bakke testified for EEA/DCAM, followed later by Deputy Inspector General O’Neill and Deputy Inspector General Giles on appraisal review. Much of the discussion focused on how the draft regulations would operate in practice. EEA said the regulations would require advance public notice, define “comparable location” for replacement land, and allow the Secretary to make findings on whether an action would adversely affect environmental justice communities. Members pressed for longer public comment periods, clearer notice to local officials, more frequent updates to the site evaluation tool, and a clearer definition of terms such as “limited duration” for permits and licenses. EEA said the regulations are intended to standardize a process that has been handled through policy and case-by-case review, and that the legislature still retains the final authority to approve any Article 97 disposition. Committee members also questioned whether the draft rules shift too much discretion to the Secretary and whether the proposed “proponent” process could allow private entities to drive Article 97 actions. EEA responded that non-public proponents would still need municipal support and legislative sponsorship, and that the regulations do not create a new avenue to bypass the existing home rule and legislative process. Members raised concerns about the current policy’s unanimous-vote requirements for municipal commissions, the proposed waiver provisions, whether MEPA applies, and the lack of explicit enforcement or penalty language in the act or regulations. EEA and DCAM said the act does not provide an enforcement mechanism and that disputes would generally be handled through the courts or the Attorney General. The Inspector General’s office explained its role in reviewing appraisals for special legislation, including Article 97 matters, to ensure compliance with USPAP standards and to forward its review to DCAM. The hearing did not include any votes or formal committee action; members indicated that the committee may later issue recommendations to the executive agencies based on the testimony and questions raised.
NH
Transcript Highlights:
  • <00:15:37.040> to approvals including but not limit to approvals including but not limit to
  • <00:18:47.919> The<00:18:48.080> parcel limited subdivision approval.
  • The parcel limited subdivision approval.
  • not limit to subdivision approval. not limit to subdivision approval.
  • I'm the real property asset manager with the Department of Administrative Services.
Keywords: 928, house, all
Summary: The Long Range Capital Planning and Utilization Committee met and first approved the June 30, 2025 meeting minutes. The committee then took up a series of Department of Transportation property actions, including authorization to grant an access point in Exeter, sell two small tracts in Keene, amend a prior Guilford disposal based on a revised survey and appraisal, sell 0.42 acres in Lincoln, list and sell 9.77 acres in Chesterfield, sell 0.54 acres in Fremont, and approve a permanent access easement in Belmont. The committee also approved a utility easement in Albany and a permanent access easement on Route 153 for the Bickfords. Most of these items involved direct sales or listings, administrative fees of $1,100, and conditions requiring surveys and local/state approvals; several were approved unanimously after brief or no questions. Representative Faulkner declared a conflict of interest on the Chesterfield item, and Representative Newman sat in for that matter; later, Faulkner was recused from the Belmont item as well. The committee also approved a Department of Administrative Services request to grant a perpetual utility line easement to Public Service Company of New Hampshire for a facility under construction at the Hampstead hospital property, with the administrative fee waived because the grant was in exchange for utility service. During discussion of informational item LRCP25-038, staff explained that no committee action was needed because the item was only to notify members that a parcel’s fair market value had been reduced due to a change in access. The committee received additional informational materials from the New Hampshire Council on Resources and Development, including minutes from its May 8 meeting and memorandums on surplus land review for Meredith and Hampstead. The next meeting was set for December 9 at 9:30 a.m. at Granite Place, Room 228, and the chair noted the meeting would be on a Tuesday because of building scheduling. The committee then adjourned.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm

Joint Committee on Public Service

Transcript Highlights:
  • Individuals, we ask, will be limited to two minutes in panel.
  • Individuals, we ask, will be limited to two minutes in panels to 10 minutes.
  • Five, it encourages asset managers engaged by PRIM to create fossil-free offerings.
  • We're only about 10% of the way through the global write-down on stranded carbon assets.
  • In the past year, public asset managers in Ireland, Norway, and Denmark have divested from Israeli assets
Keywords: 995, all
Summary: The Joint Committee on Public Service held a hearing focused first on teacher retirement legislation, especially H. 2932 and S. 1884, which would give long-serving educators a one-time opportunity to enroll in Retirement Plus after the program’s 2001 rollout was described as confusing and inconsistently communicated. Legislators, union leaders, and many teachers testified that some educators missed the opt-in window because of faulty notices, leave status, transfers, or misinformation about payroll deductions, and that many have had to work several extra years as a result. Supporters said the bills would correct an unfair administrative error, provide a buyback option with interest, and could also save local school districts money by allowing earlier retirements. Representative Mark Sylvia also testified for H. 4234, a Fairhaven-specific bill to raise the age limit for special police officers from 65 to 70 and clarify appointing authority, citing experience and budget needs. The committee then heard testimony on several pension investment and divestment bills. Supporters of H. 2811 and related climate-risk measures argued that PRIM should assess, disclose, and address climate-related financial risk in the state pension fund, warning that fossil fuel investments could threaten long-term returns and public finances. Environmental advocates and financial experts said climate risk is systemic and urged transparency, divestment planning, and alignment with the Commonwealth’s climate goals. Another set of speakers supported H. 2984, which would divest pension investments from companies selling weapons to Israel; they argued the state should not be complicit in violence in Gaza and cited humanitarian and human rights concerns. Additional testimony supported H. 2900 and S. 1869 to divest from the firearm industry, with speakers saying pension investments should not undermine Massachusetts gun laws. No votes were taken during the hearing. The chairs repeatedly thanked speakers, limited testimony time, and noted that written testimony could be submitted later. The hearing concluded with the committee moving through the sign-up list and hearing extensive public testimony on the teacher retirement and divestment proposals.
KY

Kentucky 2026 Regular Session

House Standing Committee on Banking and Insurance. (3-11-26)

Banking & Insurance

Transcript Highlights:
  • . >> Chris Nolan, representing the Guaranteed Asset Protection Alliance.
  • Uh, my name is Travis Moore, general counsel for the Guaranteed Asset Protection Alliance.
  • Guaranteed Asset Protection Alliance. Guaranteed Asset Protection Alliance.
  • And so, what the bill does, it increases the felony limits to those.
  • Um, it also felony limits to to those.
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 4/30/25

Capital Investment

Transcript Highlights:
  • This project asset preservation project.
  • preservation Sometimes we think asset preservation Sometimes we think asset preservation isn't
  • our ability to add programs is limited our ability to add programs is limited by<00:03:31.920>
  • ><00:48:09.240> resources High Forest Township's limited resources High Forest Township's limited
  • Okay, ma'am. limited tax capacity, we're doing our limited tax capacity, we're doing our best<01:17:36.480
MN

Minnesota 2025-2026 Regular Session

Cap Committee Meeting - 2025-04-30

Capital Investment

Transcript Highlights:
  • Although this is not part of the HEAPR request for Minnesota State, in many ways this is an asset preservation
  • Sometimes we think that our asset preservation isn't as exciting as new construction.
  • Paul, but our ability to add programs is limited by inefficient spaces designed.
  • Can you discuss with the body your debt limit and what that looks like?
  • That bridge, they are now intending and planning for maintaining that asset going forward.
HI
Transcript Highlights:
  • land use to one earlier to limit land use to one particular<00:48:33.960> use<00:48:34.319>
  • land use I'm pretty much opposed limited land use I'm pretty much opposed to<00:49:43.200> the
  • rail station that's why we can't limit rail station that's why we can't limit it<01:44:06.760>
  • As for the residency piece, it is also limited to Hawaii residents.
  • residency piece um it is also limited to residency piece um it is also limited to Hawaii<03:03:37.040
Keywords: 910, house, all